Asic vs gpu mining reddit

Aug 18, 2020 - Get clarity about, Which one is better GPU vs ASIC Mining 2020 ? Which to Use ASIC Miner or GPU Miner ? Is ASIC Miner & GPU Miner worth it?

These days, miners are moving quickly to GPU, because when GPU was discovered, it was said that it could offer more hash power compared to CPUs, its cost is Sep 18, 2019 · Like mining with a GPU, you need to understand the hash rate and calculate the total cost of purchasing and running an ASIC with the estimated block reward you can expect to earn over the life of the miner. If you have cheap electricity, perhaps powered by renewable sources, then it’s an easy decision. 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.

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So, it is up to you to decide whether to buy this ASIC unit or stick to your GPU mining Feb 01, 2021 · The Outlook on Cryptocurrency Mining – GPU vs ASIC vs FPGA. by admin. February 1, 2021. in Videos. 0. 189.

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

Also if someone makes a more efficient asic yours will be obsolete almost over night. A graphics card you can probably pick another algo if yours gets hit with asics or better cards.

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.

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. Jan 01, 2021 · ASIC or GPU; Which One Is The Best Option For Mining In 2021?

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. Is Cryptocurrency / Bitcoin mining still profitable in 2019?

With the recent launch of two new highly profitable coins, yes it sure is but just how much? htt ASIC vs. GPU: Your Guide to Buying Crypto Mining Equipment The crypto craze has dominated recent headlines, making Bitcoin mining a popular topic of conversation. But how can you mine cryptocurrency profitably in the long term without sinking your money into equipment that becomes obsolete a few GPU profitability ranking (*) - Limited, unverified results. Power cost. $/kWh Before we dive into the GPU vs.

I'm a bit confused and hoping for some wisdom here. I'm currently running 2 gaming rigs as ETH miners pulling in roughly $9 daily. I've looked at various ASICS miners and they seem to be either under $500 and generate like $1 a day or they are 1.5K plus and generate $20+ (and use over 1000 watts if I understand correctly) Are … ASICs are the only thing you can effectively mine SHA-256 based cryptos with. GPU mining is all you can mine a bunch of other algorithms with. If you want to mine bitcoin, the only option is ASIC.

GPU Rig Pros. Availability of video cards – you could come, buy, and do the assembly. See full list on cudominer.com 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. 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.

Im currently mining with a single radeon VII card earning around 3.8-4 USD everyday.

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5 Feb 2021 Notably, Bitmain dominates ASIC Bitcoin mining activities through its other miners' comments on different social platforms like Reddit and

Compared with some larger mining operations that can make sever 21 Feb 2020 Click to share on Twitter (Opens in new window) · Click to share on Facebook ( Opens in new window) · Click to share on Reddit (Opens in new 18 Jan 2018 Guide to finding the best cryptocurrency to mine with your GPU/CPU in 2020, However, Bytecoin mining was mostly taken over by ASICs, though it is still you can look in the MoneroMining reddit community or try and u 26 Nov 2017 On Reddit/Freenode (where people have knowledge about crypto, unlike most people here) and we always use CGMiner(GPU Intel/AMD/Nvidia & ASIC), Cudaminer(GPU Nvidia) It's a marketplace for mining power, not 29 Mar 2018 If you believe the analysis in the comments on this reddit thread BitMain may Should we hard fork to make ASIC mining harder and to demonstrate a with GPUs quietly reconverting to other activities VS two groups wit 28 Jan 2021 While it has taken a backseat to larger cryptocurrencies like bitcoin and ether in recent years, its resurgence in the last few days has been down to GPU Mining and ASIC mining are far and away more popular and more widely known. 1. Hashrates are easy to determine for ASICs but are much more A Proof-of-Work cryptocurrency optimizing for GPU mining. $0.67519636 Bitcoin. “ASIC resistance” is the main feature, value, and goal of Vertcoin developers.