Asic vs gpu reddit

antminer L3 vs GPU mining Hi, Antminer L3 is hard to get as it's always out of stock. So basically, GPU is the only realistic option for me and litecoin is ASIC resistant, GPU mining should be relatively competitive with ASIC miners?

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. Jan 17, 2021 · GPU mining for Ethereum is more efficient than mining with Bitcoin with an ASIC machine You can think of it as though the miners are a decentralized Paypal. Allowing all the transactions to be recorded accurately and making a bit of money for running the system.

11.04.2021 Asic vs gpu reddit

I'm a bit confused and hoping for some wisdom here. help Reddit App Reddit coins From what i understand an asic is a machine that is made specifically for mining but does so very well and efficiently. You might have a harder time reselling it though since it only has one purpose which is to mine. A gpu however is cheaper but you will need several. Easier to resell later on since any regular guy can buy them for a gaming pc GPU is mining ethereum or some other alt coin and then exchanging it to bitcoin. That asic is mining bitcoin directly.

My personal thoughts on ASICs VS GPUs for Crypto Mining. Livestreamed on 2/14/21, but my opinions may change. and GPU Mining Help. Join the Discord

Cheap = low barrier to entry = no one wins but the people running the show. antminer L3 vs GPU mining Hi, Antminer L3 is hard to get as it's always out of stock.

With a GPU, a graphics card solves complex algorithm whereas in ASICs mining, a chip solves the complex algorithm, both in order to gain rewards. 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.

See full list on cudominer.com Apr 09, 2020 · It may take years to recover the initial “price tag” cost of any device, whether it is a GPU or an ASIC. Unfortunately, ASICs can become obsolete quickly. If developers decide to change Ethereum’s mining protocol, an ASIC may even become useless. 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. Jan 17, 2021 · GPU mining for Ethereum is more efficient than mining with Bitcoin with an ASIC machine You can think of it as though the miners are a decentralized Paypal.

Blockchains work by creating complex mathematical puzzles that must be solved by computers. The owners of the computer that comes up with the solution first are rewarded Check your GPU hash rates below. Although an ASIC can be built to provide optimal hashrates on an algorithm, the Graphics Processing Unit (GPU) is much more powerful than the CPU, and more flexible than an ASIC in their application. The GPU is the chip that enables graphics cards (often called GPUs for brevity in mining circles) to perform Aug 01, 2018 Main Difference Between FPGA and ASIC Mining During the last years, the bitcoin mining ecosystem has been experiencing important changes. At the beginning, it was possible to mine bitcoin with a CPU processor, but later, it was possible to do it with GPUs. After it, GPU mining was replaced by FPGA and ASIC miners.

Sell or buy computing power, trade most popular cryptocurrencies and support the digital ledger technology revolution. Makes even more sense given the number of 7950's I've had with similar ASIC quality numbers, but on different PCBs, when you add in power consumption figures of each card. "Higher" ASIC % listing = higher power consumption from what I've seen. Do keep in mind what is listed in GPU-Zit doesn't explicitly state that higher = better. In an interview recently with Sazmining’s William Szamosszegi, host of the Sazmining Podcast and CEO of Sazmining, William asked Frontier Mining CGO, Kyle Herron, about cryptocurrency mining and blockchain. They also compared the difficulties about GPU mining and Asic mining.

Specifications. Graphics cards: N/A. Warranty: Contact MineShop for details. 1 Dec 2020 Let's have a look at ethereum mining in the past vs. the present and In 2020, you can use a GPU or ASIC mining hardware to mine Ethereum. crypto day trading reddit bitcoin weaknesses bitcoin wallet not connecting us btc bitcoin fundamentals bitcoin mining cpu vs gpu iphone 7 bitcoin btc entrance LeetCode for Hardware, Electrical, Design Verification, ASIC, FPGA Engineers.

Join the Discord! 📃 Reddit https: Released in 2011, CGMiner is the most popular software not only for Ethereum mining but others too (we’ve already mentioned this miner in the Bitcoin software list).The miner is compatible with ASIC, FPGA, and GPU hardware. Written in C language, the program works as a command line. It’s easy to set a hash rate, remote interface capabilities, and set notifications when detecting a new block. Is GPU mining still worth it? Is GPU mining profitable in 2020?!

Posted by 2 days ago. Asic vs GPU. QUESTION. I'm a bit confused and hoping for some wisdom here. help Reddit App Reddit coins From what i understand an asic is a machine that is made specifically for mining but does so very well and efficiently. You might have a harder time reselling it though since it only has one purpose which is to mine. A gpu however is cheaper but you will need several. Easier to resell later on since any regular guy can buy them for a gaming pc GPU is mining ethereum or some other alt coin and then exchanging it to bitcoin.

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From what i understand an asic is a machine that is made specifically for mining but does so very well and efficiently. You might have a harder time reselling it though since it only has one purpose which is to mine. A gpu however is cheaper but you will need several. Easier to resell later on since any regular guy can buy them for a gaming pc

There has also been some contention in the crypto community in regards to GPU mining vs ASIC mining, with issues relating to decentralization, usefulness, and security. However, a leading player in the crypto mining industry believes that there are various misconceptions when it comes to GPU mining and a need for more accurate information on My personal thoughts on ASICs VS GPUs for Crypto Mining. Livestreamed on 2/14/21, but my opinions may change. and GPU Mining Help. Join the Discord It’s one of the best GPU mining coins – you don’t have to buy ASIC because it uses SCRYPT protocol. High speed and moderate transaction fees. The top-10 world cryptocurrency with a $2.3 bln market cap, Litecoin will never be a wrong decision.

ASIC vs GPU: Price. ASICs — An ASIC is relatively inexpensive, often available <$2000 or even <$1000. If you’ve been listening, you already know what the problem is. Cheap = low barrier to entry = no one wins but the people running the show.

Profits calculated over 200+ coins and 25+ algorithms. Model Release Hashrate Power Noise Algo Profitability /day; Innosilicon A11 Pro ETH (2000Mh) Jun 2021. 2 Gh/s. 2500 W. 75 db. EtHash.

$110.38 /day. If that had been built with a GPU, most engineers would build the system to buffer up a frame, perform the processing, and then feed the processed frame out. That results in at least 1 frame of delay. In contrast, because we used an FPGA, it was simple to just pipeline the entire design and thus only needed to buffer up the few lines that we 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. 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.