Asic vs gpu reddit
As of today if the relative basic cost of ASIC is compared to GPU mining rigs then ASIC tends to be cheaper as GPU Mining rigs usually need a whole setup with a bunch of GPU’s to perform optimally which in turn makes them costlier.
The basic difference is that while GPUs are fast, ASICs are much faster. But while GPUs are relatively flexible, ASICs are limited to a narrow set of functions. Nov 27, 2017 · All new minors have the same arising question, “Is it better to buy ASIC (for example Antminer S9, Antminer L3+) or set up a GPU mining rig (based on NVIDIA GTX 1060 or GTX 1070 for example)?.” In this article, based on our experience, we will show you all pros and cons of ASIC and video card rigs. Sep 27, 2019 · 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.
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Sadly, the only users that have no choice but to pass on the opportunity are ASIC users, Honeyminer currently offers no support for these users and has not revealed plans to do so in the ASIC Mining: The Early Days. January 2013 marked the beginning of a new era for cryptocurrency mining: the rise of ASIC miners.Around this general date, ASIC mining rigs began to enter the consumer market. Before January 2013, most cryptocurrency miners used relatively basic, much cheaper GPU or CPU mining rigs to mine cryptocurrency. 9/27/2019 GPU mining has much more resilience to a market downturn than ASIC (Application Specific Integrated Circuits) mining because ASIC mining requires a significant amount of electricity per dollar made vs GPU based mining. In other words, GPU mining requires significantly less power for the same dollar value of mining proceeds. As the impending Constantinople hard fork and Devcon4 draw nearer, the ongoing ASIC vs.
The ASIC has a sticker price advantage, but that's about it. A GPU rig has resell value and is far more flexible - it can be used to mine other coins, and can be repurposed into a gaming/media rig (I mine and game with my GTX 1080 Ti).
So, it is up to you to decide whether to buy this ASIC unit or stick to your GPU mining Vertcoin Reddit is an authoritative community of 33.6K Vertopians. Vertcoin Reddit is always busy discussing ideas for making Vertcoin better and fighting ASIC mining. Vertcoin Reddit is confidant that they are going to crush ASIC mining once gain by VertHash update.
As the impending Constantinople hard fork and Devcon4 draw nearer, the ongoing ASIC vs. GPU mining rig debate appears to have re-emerged. Some in the mining community are campaigning to block ASIC mining rigs, arguing that failing to do so will push GPU mining operations out of business, further plummet the value of Ether, and lead to network centralization.
Close. 6. Posted by 2 days ago. Asic vs GPU. QUESTION. I'm a bit confused and hoping for some wisdom here.
That asic is mining bitcoin directly.
While not as powerful as an ASIC, GPUs— Graphic Processing Units— are known for their cost effectiveness and overall flexibility of use. GPUs are essentially chips on a graphic card that are required to process large volumes of repetitive calculations. These processes are essential in order to render high-performance games. GPU (Graphics Processing Unit) is also known as video cards.
Can you mine Bitcoin at home? What's current mining profitability? Le Jun 11, 2018 · ASIC miners seek to mine digital currency with a high rate of efficiency, but with limited additional functionality. There are many factors at play in determining whether GPU mining or ASIC mining is best for an industrial mining operation. GPU vs.
offer between 100-1000% better value for the money compared to GPUs. 16 Jun 2020 Abstract: We look at the history of Bitcoin mining ASIC manufacturers, Figure 1 – Reported Miner Efficiency (J/TH) vs product launch date. ASIC Mining Vs. GPU Mining : Which one is Best Right Now? This was the goal of Satoshi Nakamoto back in bittrex bitcoin status track id reddit darknet bitcoin Why We Use GPU vs ASIC. Let's learn more about these types of hardware! Application-Specific Integrated Circuit vs.
GPU farms have no such problem.
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The second assumption for GPU unprofitability is that the difficulty factor is likely to increase. The graph I've linked shows the rapid rise in difficulty. If ASIC mining rigs start shipping in volume, and the BTC exchange rate stays high, then it is entirely possible that the Bitcoin difficulty could jump by an order of magnitude or more.
While not as powerful as an ASIC, GPUs— Graphic Processing Units— are known for their cost effectiveness and overall flexibility of use. GPUs are essentially chips on a graphic card that are required to process large volumes of repetitive calculations. These processes are essential in order to render high-performance games. GPU (Graphics Processing Unit) is also known as video cards. It is not as powerful as ASIC, but GPU is more flexible in their application. The GPUs are often used in computer games for smooth flow of 3D animation and video.