Also some old coins are changing its existing algo in order to resist ASICs. Most new coins are implementing their own Proof of Work algorithm. Īlso lately we’ve been seeing a lots of new mining algorithms popping in the crypto space. This is one reason why there are many mining software’s available for NVIDIA and not many option left for AMD owners. On lot of these algorithms NVIDIA beats AMD in terms of performance. Aside from these two there are many other GPU based mining algorithms. On the other hand Radeon RX Vega series graphic cards are known to hash well on CryptoNight algorithms ( Monero CNv8). AMD RX 500 series and 400 series graphics cards performs efficiently on Ethash algorithm. Most users who set up mining operation in the early 2017 chose AMD graphic cards as they are best known for Ethereum mining.
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