At stock, just like a V56 is 300w while mining at stock. With both cards overclocked and power tuned the 1070 does 32MH at 183w and the V56 does 32MH at 251w, this means the 1070 has a ~50% better has to watt ratio.1070 is 26 vs 32.
http://www.legitreviews.com/amd-radeon-rx-vega-64-vega-56-ethereum-mining-performance_197049
And of course this ignores the fact that unlike with AMD cards, ethereum isn't even the most profitable altcoin you can run on Nvidia cards, so the deck gets stacked even higher in the 1070's favour once Zcash and others get factored in.
Long story short is that the V56 is a better mining option for the money than the V64 (as both use the same RAM with the same overclocking potential), but neither are really that great unless you like the idea of getting lower return for your money while using more electricity.