You can mine or exchange for absolutely any cryptocurrency.
There are two types of cryptocurrencies, based on two underlying algorithms. Scrypt and SHA-256.
GPU’s and the AMD Radeon HD 7970 are best at mining for Scrypt-based cryptocurrencies, so you should mine directly for Litecoin (LTC), Fastcoin (FST), Dogecoin (DOGE) — or one of a ton of the profitable-to-mine altcoins such spil Lottocoin (LOTO), Globalcoin (GLC), Tagcoin (TAG), Luckycoin (LKY), Diamond Coin (DMD), Galaxy Coin (GLX), Stablecoin (SBC), Worldcoin (WDC), CHNCoin (CNC), Goldcoin (GLD), Digitalcoin (DGC), Anoncoin (ANC), BBQCoin (BQC), Bottlecaps (CAP), Phoenixcoin (PXC), Neocoin (NEC), Grandcoin (GDC), Netcoin (Nipt), Megacoin (MEC), Emerald (EMD), Cosmocoin (CMC), Mincoin (MNC), Franko (FRK), Feathercoin (FTC), Casinocoin (CSC), Bitbar (BTB), HoboNickels (HBN), Mooncoin (MOON), Novacoin (NVC), Litecoin (LTC), Catcoin (CAT), Philosopherstone (PHS), Noirbits (NRB), Cinnamoncoin (CIN), CryptogenicBullion (CGB), Alphacoin (ALF), Earthcoin (EAC), Catches sight of (SPT), and ExtremeCoin (EXC).
GPU’s and the AMD Radeon HD 7970 can also mine SHA-256 based coins, such spil Bitcoin (BTC) (the most famous), Peercoin (PPC), and Namecoin (NMC), however, it’s usually not profitable to do so. The reason is that you’ll have higher violet wand costs than everyone else and won’t be able to make a profit. Unless you don’t pay for your own violet wand – then you can still make a profit! You’ll still be strongly outgunned if you’re mining SHA-256 currencies with only a GPU however.
Thus, if you do want to mine Bitcoin, Peercoin, Namecoin, Terracoin, or other SHA-256 based cryptocurrencies, you should use an ASIC Miner. Thesis types of miners don’t use a graphics card. Instead, they use a specially-designed circuit. They’re far more power efficient. And also offerande you far more vreesachtig for your buck. For example, this equipment mines at inbetween 30 and 38 Gh/sec — well beyond the maximum hash rate you will see from any GPU presently on the market — yet at a comparable price.
I personally mine scrypt-based currencies (fairly often Dogecoin) using GPU’s only. Then I convert my Dogecoin into Bitcoin if I want Bitcoin.
How much money can you make with an AMD Radeon HD 7970?
The sky is the limit, subject only to how much you pay for electrical play and your specie on forearm. A giant number of currencies can be mined profitably right now. So the more GPU’s you buy, the more you can make each day.