Asic vs gpu mining reddit

Apart from mining process of Proof of Stake and Proof of Work - ASIC, GPU, and CPU also play a very important role in the mining process. As compared to CPU mining and GPU mining, ASIC mining is a highly preferred mining-hardware today and it solves very complex algorithm whereas GPU and CPU solve graphics algorithm and processor-based algorithm respectively.

The main difference between GPU and ASIC is that of a card and chip. An ASIC miner uses a chip to solve complex algorithm while in a GPU, a graphics card is used for mining cryptos. The main advantage of GPU mining hardware is easy availability. Also, GPUs are more flexible in their application than ASICs. Apart from mining process of Proof of Stake and Proof of Work - ASIC, GPU, and CPU also play a very important role in the mining process. As compared to CPU mining and GPU mining, ASIC mining is a highly preferred mining-hardware today and it solves very complex algorithm whereas GPU and CPU solve graphics algorithm and processor-based algorithm respectively. Mining monitoring and management software for your Windows GPU rigs.

13.04.2021 Asic vs gpu mining reddit

With Zcash, it is possible to make transactions without revealing the balance of a wallet which represents an address. ASICs are efficient, but they can only be … ASIC VS GPU miner. In terms of mining, there are numerous methods used in order to mine cryptocurrencies. The two most popular method of mining is done through the method of ASIC and GPU mining. ASIC miners are purpose-built to do one thing and one thing it does best, mine cryptocurrencies based on the algorithm it utilizes. Such as the popular cryptocurrency Bitcoin (BTC) or Bitcoin Cash … 13/08/2020 GPU Mining VS. ASIC MiningIn this video I look at asic mining vs gpu mining on paper dont have either of these to compare legit hoping one day I will.

Unprofitable ASICS have no value. If you have a gpu mining rig and shtf, at least you can sell the GPUs at a loss. I'm sure some people have

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Heres my two cents as someone that's bought many ASICs and has also been mining with several GPUs over the last 3.5 years. Unfortunately unless you are one of the few who can get an ASIC directly from the manufacturer upon first release you'll probably never break even or it will take so long it wont be worth it versus GPUs.

While the debate is usually focused on the future of the blockchain, definition of "distributed computing"(many small players, or few large players) and how to best avoid 51% attack, I will focus on long term profit from a miner's perspective. ASIC vs GPU: Hash Power. ASICs — Hands down more powerful — in terms of hash rate. But are you mining hashes, or are you mining crypto? This is an incredibly important distinction.

Not to mention, there is the electrical requirements/heat trade off. If you had the space and everything else, then yeah, it makes sense to have ASICs. But I would eventually throw some GPU in there just to diversify. ASIC vs GPU debate. This debate has been going on since about 2013.

Instead of a full computer setup, they are compact devices with relatively straightforward setup procedures. 2. 27/09/2019 Companies like Nvidia typically make two versions of the same GPU — one for gaming and one for mining. On top of the GPU chip are chipsets like RAM, which are becoming increasingly smaller every year. ASIC miners, on the other hand, are built for a specific purpose, using the exact same amount of RAM as the video card. Each ASIC is designed Basically, an ASIC is solely a bitcoin mining machine.

Does cryptocurrency mining make cents anymore? The cents made with mining, depending on your hardware means it no longer makes sense to mine crypto. Let's re ASIC vs GPU: Flexibility. ASICs – There’s nothing to really say here. They are not flexible, period. Sure, there are ASICs that can mine more than one algorithm, or more than one coin, but at the end of the day, all they will ever be able to do is the only thing they were specifically made to do.

As compared to CPU mining and GPU mining, ASIC mining is a highly preferred mining-hardware today and it solves very complex algorithm whereas GPU and CPU solve graphics algorithm and processor-based algorithm respectively. ASIC VS GPU miner. In terms of mining, there are numerous methods used in order to mine cryptocurrencies. The two most popular method of mining is done through the method of ASIC and GPU mining.

Is ASIC Miner & GPU Miner worth it? 4 Jan 2021 As the price of Bitcoin price surges, pricing of other cryptocurrencies naturally followed, some of which can still be mined on GPUs. NVIDIA 8 Jan 2021 This how to bitcoin cash reddit enable google authenticator coinbase can be expressed as 0. By tomfry 0 ASIC mining vs GPU mining.

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13 Jun 2020 So, what is the current state of ETH mining, and what exactly will happen to the GPU v. ASIC. The Ethereum consensus is currently based on the PoW system, “800 usd only for 180mh” a different Reddit user argued.

We review GPU mining profitable and the best graphics cards for mining in 2020 along with CP Sep 27, 2019 · The main difference between GPU and ASIC is that of a card and chip.