Question regarding a graphics card for mining

[jerem2007]

What do you think of the rx 5700 xt card, and which version is best for mining?

The truth is that I entered a new field, and since mining devices are banned in my country, this is what I have.

[jaslion]

No gpu is good for mining. They all consume FAR more cost in power than they make you money.

[Imakuni]

10 minutes ago, jerem2007 said:

What do you think of the rx 5700 xt card, and which version is best for mining?

The truth is that I entered a new field, and since mining devices are banned in my country, this is what I have.

Don't waste electricity mining, it's simply not worth it. Even your country is trying to warn you about it.

 

If you have a spare card, use it to do distributed computing instead.

[GOTSpectrum]

Mining only makes sense anymore if you have free power, either legally or by stealing, not that I recommend that. If you own your own generation equipment and have "very low cost" power or if you have enough money to build out a large enough farm of equipment that you can get reduced power rates as a large buyer. 

Seeing as you are asking about GPU mining, I take you don't have the money for a giant farm. Which even if you did have the money, ASICs are a more productive investment. 

Mining is just not worth it in 2024, and frankly hasn't been worth it on consumer hardware in a decade. 

 

If you look at how the stocks of public mining companies performed in the last 5 years, that tells you all you need to know. They have massively lagged the market