rtx 4070 mining hashrateNvidia has launched the next Ada Lovelace RTX 4070 generation graphics card, which may be of significant interest to miners due to the growing popularity of mining cryptocurrencies with an emphasis on pure GPU performance: Nexa, Kaspa and others. If the RTX 4070 can offer the same mining efficiency as its older brethren, then it could be the best choice for miners, as has been the case with previous mid-range Nvidia graphics cards. Actually, this is what we will try to find out and evaluate the RTX 4070 video card as a tool for cryptocurrency mining, and not a gaming solution.

But first, a few technical characteristics of the RTX 4070 in comparison with other video card models.

Specifications RTX 4070 RTX 4070 Ti RTX 4080 RTX 3070 RTX 3070 Ti RTX 3080
Release date  13.04.2023 05.01.2023 16.11.2022 29.09.2020 10.06.2021 17.09.2020
Frequency GPU (BOOST) MHz  1920 (2475) 2310 (2610)  2210 (2505)  1500 (1725) 1580(11770) 1440 (1710)
Cuda Cores  5888 7680 9728 5888 6144 8704
GFLOPS FP32  29150  40090 48740 20314 21750 29768
Memory  12Gb GDDR6X 12GB GDDR6X 16Gb GDDR6X 8Gb GDDR6 8GB GDDR6X 10Gb GDDR6X
Memory bus width  192  192 256 256bit 256bit 320bit
Total memory bandwidth  504 504 716 448Gbit/s 608Gbit/s 760Gbit/s
Power usage  200W 285W 320W 220W 290W 320W
Announced price, USD  599 USD 799 USD 1199 USD 499 USD 599 USD 699 USD
             
Etchash Hashrate

 63Mh/s

124W

 65Mh/s

126W

 91Mh/s

182W

60-65Mh/s

135W

75-81Mh/s

190W

95-110Mh/s

240W

Kaspa Hashrate

 878Mh/s

105W

 1150Mh/s

131W

 1450Mh/s

203W

 560Mh/s

105W

 620Mh/s

120W

 910Mh/s

190W

 

 

Test results of Nvidia Geforce RTX 4070 on other mining algorithms:

ETHash/ETChash (Ethereum classic): 63Mh/s 124W

KheavyHash (Kaspa): 878 Mh/s 105W

KawPow (Ravencoin): 33Mh/s 160W

Zelhash (Flux): 67H/s 124W

NexaPow (Nexa): 122Mh/s 173W

Autolykos2 (Ergo): 134Mh/s 83W

DynexSolve (Dynex): 2.9Mh/s 55W

Radiant (Radiant): 1.2GH/s 105W

Blake3 (Alephium): 1.84Gh/s 116W

ERGO (autolykos2): 132Mh/s 100W

 

Conclusion: If we compare two generations of Nvidia RTX 3000 and RTX 4000 video cards, we can conclude that with the new generation RTX 4000 on GPU-dependent algorithms (Kaspa), a significant increase in hashrate is noticeable. Which is not surprising, since it was the GPU that received the main improvements compared to the RTX 3000. Unfortunately, the RTX 4070 video card not only received improvements in the form of more modern GDDR6X memory and a larger 12GB instead of 8Gb for the RTX 3070, but also received a narrower 192-bit memory bus instead of 256. What affected not in the best way the memory dependent algorithms (Ethash, ETChash). Actually, this can be seen from the results, where the RTX 4070 shows the same 60-65MH / s as the RTX3070, but with lower power consumption.

But in GPU-dependent algorithms (Kaspa), the new RTX 4070, like all new Nvidia video cards, shows a hashrate increase of more than 50% with the same power consumption. If we compare the price per MH using the kHeavyHash algorithm, then among the released models of 4000 series video cards, the RTX 4070 will not have the worst price: 0.68 USD/MH. For comparison, RTX 4070 Ti has a price per megahash of 0.69 USD/MH, RTX 4080 has 0.82 USD/MH, but RTX 4090 is a little out of the general trend, when the price per MH does not decrease in more expensive models, but vice versa grows, showing a result of 0.65 USD/MH.

Summing up, we can say that if you take the RTX 4070 video card with an eye on mining GPU dependent algorithms, then this will be a good choice in terms of price / hashrate, however, like the entire line of RTX 4000 video cards. For ETHash algorithms and its derivatives, the RTX 4070 no longer looks so presentable, especially given its price compared to last year's RTX 3070 and even more so the RTX 3070 Ti.

There is, of course, the RTX 4090 video card, which breaks all the patterns, and if you find this video card at a good price and are ready to put up with its hot temper, then today the RTX 4090 will not only be the ultimate cryptocurrency mining solution, but also one of the the most profitable in terms of return on investment.