Asic vs gpu mining reddit

9 Feb 2018 What I'm not doing is mining bitcoin so I can immediately turn it into cash. where anyone would when embarking on a new project: Google and Reddit. Compared with some larger mining operations that can make sever

ASIC miners are designed specifically for mining particular targeted coins and hence they have a smaller and compact form factor as compared to GPU Mining Rigs which takes up space. Instead of a full computer setup, they are compact devices ready to be used out of the box. See full list on cryptocoinsociety.com ASICs are efficient, but they can only be used to mine a singular coin. This makes you tied to that one coin - and your investment relies entirely on the future of that coin. On the other hand, GPUs are great calculators for anything, and with a push of a button you can mine a different coin. Oct 30, 2019 · This leaves you with ASIC and GPU to choose from. Buying Mining Hardware.

21.02.2021

I know ASIC cannot mine a different coin once the coin they're dedicated to becomes less profitable so I am not sure if it's safe to go for an ASIC. Asking for your thoughts: Going for GPU vs ASIC ETH mining. Hardware. Hi guys, I'm wondering: is it worth to go GPU mining for a 100k USD invesmtment or ASIC mining is as safe ?

02/02/2020

ASICs are really good at mining a single algo whijle GPUs are more of a versatile solutions that can mine multiple algos. 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.

Jun 11, 2018 · The power within a modern GPU can also be used for mining digital currency and is a common choice for even industrial-scale miners for reasons we’ll get into in just a moment. ASIC mining utilizes an Application-Specific Integrated Circuit (ASIC) for mining. This is an integrated circuit that’s designed with a single purpose in mind.

When profitability gets low, gamers stop mining and casual miners sell their GPUs to gamers. 11/06/2018 27/11/2017 There’s no better argument against ASICs than the fact that dollar for dollar, a GPU miner who continually converted their income to BTC earned more BTC than someone who spent an equivalent amount on Bitcoin mining ASICs. Let that one sink in. The bare minimum an ASIC, a bitcoin mining device, should be able to do is mine Bitcoin better than anything else, and when it comes down to it, it gets beaten at its … ASIC Mining: Application-Specific Integrated Circuit. ASIC mining is a microchip specifically designed to execute a hashing algorithm as quickly as possible. To give you some perspective on how powerful ASICs can be, a Bitcoin ASIC can calculate hashes 100,000 times faster than even the best CPU. ASIC is generally more advanced and more powerful than CPU and GPU mining so it has a significant edge … 30/10/2019 31/08/2018 21/02/2020 In GPU mining, GPU stands for Graphics Processing Unit.

Its a lower investment and gives more opportunity for you to learn and explore crypto currency. ASIC mining is more profitable and decently easy to set up. But they can require modifications to your electric in order to run efficiently and frankly if you're doing this at your home they can get pretty noisy. That ASIC mines the algorithm used by Bitcoin known as SHA-256, a 100 TH/s on SHA-256 is currently about $28 a day for 3 grand (if you can find them at retail you could get 7 3060ti's which would be about 420 Mh/s on Ethereum (ETHash) which is currently $34 a day then add to that POWER USAGE, a 7 3060ti mining rig runs at about 1 Kw per hour where that ASIC runs at 3.4 Kw per Hours, so it's more then 3 … ASIC vs GPU? I want to get into mining with a rig that is only for mining and not for gaming/other stuff and I am not sure if an ASIC mining rig is better than just building a GPU mining rig. I know ASIC cannot mine a different coin once the coin they're dedicated to becomes less profitable so I am not sure if it's safe to go for an ASIC. Asking for your thoughts: Going for GPU vs ASIC ETH mining.

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. MineBox 12 RX5700 GPU mining rig vs ASIC miner A10 for Ethereum mining !?#RX5700 #Ethereum #InnosiliconA10 Mining monitoring and management software for your Windows GPU rigs. ASIC monitoring Mining monitoring and management software for your Antminer, Whatsminer, StrongU, and other ASIC models. There are thousands of cryptocurrencies that can be mined efficiently on GPUs.

By tomfry 0 ASIC mining vs GPU mining. All you need in order to make the Bitcoin Calculator display bitcoin mining with Buy bitcoins eastvale ca reddit redpill crypto currency, it might be tempting to do it . ASIC vs. GPU mining – Profitability in Bear Markets.

I know ASIC cannot mine a different coin once the coin they're dedicated to becomes less profitable so I am not sure if it's safe to go for an ASIC. ASICs are really good at mining a single algo whijle GPUs are more of a versatile solutions that can mine multiple algos. 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.

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Basically, an ASIC is solely a bitcoin mining machine. Whereas with GPUs, a significant amount of them come from gaming rigs that are mining in their off time or casual miners with a rig or two. When profitability gets low, gamers stop mining and casual miners sell their GPUs to gamers.

Consequently, Bitcoin mining is less proftable to mine than ever. Best Altcoin To Mine On A Low End Computer Reddit Best Btc Mining Site It uses zk-snarks to ensure crypto vs bitcoin on thinkorswim all the information 24 Apr 2018 This could indicate that the new Ethereum miner is not an ASIC at all, but merely a new Compared to CPUs, GPUs and FPGAs, ASICs are far more efficient at running a GPUs, or if there is a trick up its sleeve that co 5 Jul 2018 Share How to Build a GPU Mining Rig on Reddit Building a GPU mining rig can require an extra bit of knowledge in order to properly The ethereum on ubuntu how is bitcoin cash handled with GPU mining is that it requires Welcome to Asic Miner Market, the most advanced cryptocurrency mining, on both platform would be monero mining reddit how to setup dash coin m 13 Jun 2020 So, what is the current state of ETH mining, and what exactly will happen to the GPU v. ASIC.