Description:
Nowadays, It is pretty hard to find a shop with available GPU with excellent mining performance because most of them are quickly owned by miners. The reason is that they provide impressive earnings to the owner, becoming a great investment (especially in the long term).
The RX Vega 56 was manufactured by AMD and released in 2017. It is equipped with 8 GB of HBM2 VRAM memory clocked at 800 MHz which is 1600 MHz effective. The GPU consumes at most 225W. One of the most profitable coins to mine using RX Vega 56 is GRIN. Assuming that the electricity cost is $0.10 per kWh you can get at most $4.68 profit daily.
Summarizing, the GPU can be used for cryptocurrency mining but there may be a better option available.
Most profitable coins to mine:
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| Coin | Profit (daily) | Algorithm | Power consumption | Hashrate |
|---|---|---|---|---|
 GRIN | $4.68 | Cuckatoo32 | 225W | 0.38 h/s |
 Neoscrypt (MPH) | $1.05 | NeoScrypt | 235W | 1.76 Mh/s |
 Bitgem (2miners) | $0.90 | Zhash | 235W | 35.70 h/s |
| Kawpow (MPH) | $0.39 | Kawpow | 225W | 23.10 Mh/s |
| Ethash (MPH) | $0.19 | Ethash | 165W | 51.45 Mh/s |
| Zhash (MPH) | $-0.03 | Zhash | 235W | 35.70 h/s |
| Ergo (2miners) | $-0.22 | Autolykos2 | 175W | 162.75 Mh/s |
 ERG | $-0.22 | Autolykos2 | 175W | 162.75 Mh/s |
 Autolykos2 (NiceHash) | $-0.24 | Autolykos2 | 175W | 162.75 Mh/s |
 ERG (nanopool) | $-0.26 | Autolykos2 | 175W | 162.75 Mh/s |
 Equihash(125,4) (Zpool) | $-0.27 | Equihash(125,4) | 145W | 19.80 h/s |
 Flux | $-0.31 | Equihash(125,4) | 145W | 19.80 h/s |
| Flux (2miners) | $-0.31 | Equihash(125,4) | 145W | 19.80 h/s |
| Octopus (NiceHash) | $-0.31 | Octopus | 145W | 6.65 Mh/s |
| CFX (nanopool) | $-0.32 | Octopus | 145W | 6.65 Mh/s |
| Ravencoin (2miners) | $-0.32 | Kawpow | 225W | 23.10 Mh/s |
 Conflux (F2) | $-0.33 | Octopus | 145W | 6.65 Mh/s |
| Kawpow (NiceHash) | $-0.33 | Kawpow | 225W | 23.10 Mh/s |
 Randomx (MRR) | $-0.34 | Randomx | 155W | 0.99 Kh/s |
| Randomx (NiceHash) | $-0.35 | Randomx | 155W | 0.99 Kh/s |
 Ethash (#Prohashing) | $-0.35 | Ethash | 165W | 51.45 Mh/s |
 Randomx (MO) | $-0.35 | Randomx | 155W | 0.99 Kh/s |
| Ethash (NiceHash) | $-0.35 | Ethash | 165W | 51.45 Mh/s |
| XMR (nanopool) | $-0.35 | Randomx | 155W | 0.99 Kh/s |
| RVN (nanopool) | $-0.36 | Kawpow | 225W | 23.10 Mh/s |
 Kawpow (Mining-Dutch) | $-0.37 | Kawpow | 225W | 23.10 Mh/s |
| Ravencoin (F2) | $-0.38 | Kawpow | 225W | 23.10 Mh/s |
| X16R (NiceHash) | $-0.42 | X16R | 225W | 15.20 Mh/s |
| Neoscrypt (NiceHash) | $-0.43 | NeoScrypt | 235W | 1.76 Mh/s |
| Grin (2miners) | $-0.47 | Cuckatoo32 | 225W | 0.38 h/s |
| Zhash (NiceHash) | $-0.51 | Zhash | 235W | 35.70 h/s |
| neoscrypt (Zpool) | $-0.51 | NeoScrypt | 235W | 1.76 Mh/s |
 Zclassic-ZCL | $-0.52 | Equihash(192,7) | 235W | 26.51 h/s |
| Neoscrypt (Mining-Dutch) | $-0.56 | NeoScrypt | 235W | 1.76 Mh/s |