Bitcoin mining asic vs gpu tweak. ASIC Vs. GPU Mining — Artesian. 6 Best Bitcoin Mining Hardware ASICs Comparison In 2017

ASIC vs GPU

GPU mining utilizes a gaming computer’s graphics processing unit, and it can be used to mine Bitcoins, along with other types of cryptocurrencies called Altcoins. Additionally, this was a viral method of mining Bitcoin several years ago, yet to this day, there’s still quite a bit of a buzz floating around the web that eludes to the idea that this is still a viable option for you.

As a result, the demand for mining continues to grow which creates a lot of tension between miners and gamers to compete for purchasing these types of graphics processing chipsets.

What Is GPU Mining? GPU mining is a process of solving complex math problems to verify electronic transactions using computer components -- in this case, a graphics card. Miners who participate can either create digital coins or get paid for their processing power in a cryptocurrency.

However, the world that revolves around what Bitcoin Mining is these days has become very fast-paced, and if you do not have the latest Bitcoin miners to help with the highly complex calculations process of mining cryptocurrencies, you are going to get Bitcoin mining asic vs gpu tweak in the dust. Meaning you won’t make any money, however, that doesn’t mean graphics card mining is dead.

So for the primary purpose of this guide, I wanted to go more in-depth about GPU mining and how it all works so new miners can get a better feel for it all. By the end of this guide, you’ll be a pro at Bitcoin mining asic vs gpu tweak the complexities of mining with a GPU. However, before we begin, there are a few things you should know about GPU Mining these days. Let’s get started.

The Truth About GPU Mining Bitcoin These Days

In 2013 ASIC miners took over the Bitcoin Mining scene causing many miners to switch their “obsolete” mining graphics cards to Scrypt-based “altcoins” such as Litecoin and Dogecoin. The rush did not last for long, as companies rushed to develop Scrypt ASIC miners as well. As a result, Scrypt-based altcoins tumbled, messing up the ROI.

Moreover, in 2018, cryptocurrency mining of many other significant cryptocurrencies was carried out predominantly using ASICs. Therefore, anyone mining these coins today using Bitcoin mining asic vs gpu tweak GPU or CPU is trying to compete against large mining pools.

These types of pools use ASIC hardware that is specially customized to solve the complex cryptographic puzzles generated by these mining algorithms. So, going up against them using a GPU is virtually pointless and highly unprofitable. Thus, the massive shift of miners toward ASICs is easily justified.

ASIC miners are built strictly for mining and are considered one of the most efficient types of mining chipsets to date. For example, a single Bitcoin mining asic vs gpu tweak miner has the equivalent computing power of several hundred GPUs.

Even though GPUs Bitcoin mining asic vs gpu tweak lower computing processing power than these more advanced miners, they can still get utilized for mining cryptocurrencies like Ethereum, Zcoin, Grin, and Ravencoin, to name a few. Nvidia and AMD make the most well-known mining graphics cards as they offer a practical method to go into the cryptocurrency mining space without having to spend a ton of money.

Furthermore, since GPUs are relatively cheap while being flexible, you can run multiple cards on the same motherboard while mining different cryptocurrencies simultaneously. A user can also reconfigure their machine to hash various coins based on what the most efficient coin to mine is at a given point in time with little downtime or trouble.

Currently, GPUs have become the norm when it comes to at-home mining ever since CPUs became out-of-date for mineable cryptocurrencies like Bitcoin. Getting started with GPU mining is comparatively easy, particularly if you already have a computer equipped with a gaming card. Building a mining rig is the main expense, as these can cost thousands of dollars as well, depending on the type of miner choose to build.

What Is Graphics Cards Mining?

Before we can begin breaking down the GPU Mining process, it’s essential to explain momentarily what cryptocurrency mining is. In straightforward terms, mining relates to the method of utilizing a CPU, GPU, or ASIC processing abilities for the hopes of hashing blocks and validating transactions on what is known as the blockchain, which is nothing more than a public ledger of all past transactions.

You see, whenever you start mining, your hardware used for mining receives tiny bits of information from the blockchains network, which it then performs processes on. This process is known as hashing, and your computer power is used to help solve complex mathematical problems, which ultimately earns you rewards.

Therefore GPU mining in this example is the means of calculating transactions and recording them to whatever cryptocurrencies public ledger your mining on while attaching them to all past transactions. This record of retired transactions is known as the blockchain as it resembles a chain of blocks in a digital form. The blockchain helps to confirm transactions to the rest Bitcoin mining asic vs gpu tweak the chain as having taken place.

What Are GPU Miners Paid?

Mining is also the tool used to disperse new digital currencies into the network: Miners get compensated for any transactional fees accrued as well as a “bonus” of recently created coins for each block properly hashed. The purpose this serves is two-fold.

Distributing new coins in a decentralized fashion Motivating miners to provide security for the network

As more users join the network, the rate at which block creation happens gets increased. As the rate of block generation expands, the difficulty increases to counterbalance this effect, which can then push Bitcoin mining asic vs gpu tweak rate of block production back down. Any blocks attempted to get created by malicious miners that do not meet the specified difficulty target will be refused by every miner on the network and thus will be rendered virtually useless.

The mining network difficulty of any given GPU mineable cryptocurrency is a measure of how difficult it is to solve a new block, and this gets compared to the easiest that it can ever be mined.

Furthermore, mining difficulty readjusts every so many blocks, which varies from blockchain to blockchain, to a value that is measured based on how fast or slow the previous set of blocks get generated given that everyone’s been mining at the current difficulty. The purpose of this is to control the rate at which new blocks get created and provides a fair playing ground for all miners to win mining rewards. It also ensures that blocks don’t generate fast, which would cause inflation to the currency.

At the time of writing this, an Ethereum block is currently worth 2 Eth, which is valued around 360 dollars USD. The miner or mining pool that hashes the block correctly first wins the block reward for participating in verifying transactions across the network. This is what miners get paid.

Why Is GPU Used For Mining And Not CPU?

At the beginning of it all, mining with a central processing unit(CPU) on a Laptop or Desktop was the only option to mine cryptocurrencies and was done using Satoshi’s original mining software.

However, throughout the journey of continuing to secure Bitcoins network and earn more coins, miners began innovating faster software and hardware, and for years now, CPU mining has been relatively trivial. These days you could mine Bitcoin for centuries using your laptop’s CPU without earning a single coin. Nonetheless, CPU Mining is still utilized in some of the mineable cryptocurrencies.

Simply put, GPUs are much faster and more efficient for mining coins like Ehthereum when compared to mining with a CPU. A CPU architecture is designed to be more of Bitcoin mining asic vs gpu tweak swiss army knife with the ability to do a lot of different tasks.

Whereas GPUs are engineered primarily for rendering graphics, thus making them extremely restrictive in their abilities. Due to the nature of their architecture, GPUs are only effective for intricacies that can be solved utilizing graphics processing as the hardware can only be employed in particular ways.

This is what makes Graphics cards so efficient at solving complex algorithms necessary for cryptocurrency mining for the same reason they are good at rendering games on your computer screen. GPUs are capable of carrying out relatively straightforward computational duties but doing heaps of them all at the same time. And that my friend is what makes them so suited for mining cryptocurrencies.

What The Heck Is A GPU Mining Rig?

Mainly a mining rig can be a regular at-home gaming computer or built custom for the specific purpose of mining. That’s right; you can use your regular at-home computer to mine cryptocurrencies, although you won’t be able to use it for much else while it’s hashing away. Building a dedicated server is the better route to go for maximum efficiency and profits.

If you’re interested in learning how to build a GPU mining rig, then ideally, you’ll want to construct your rig using the latest GPU mining hardware so that your rig doesn’t become outdated in a few years. Because GPU mining rigs are much like an ordinary computer, they require computer components such as graphics cards, motherboard, CPU, RAM, PSU, and several other components.

You can even build Mining rigs with multiple graphics cards and dedicated GPUs. When appropriately configured, these cards can give you unprecedented performance. Don’t worry if your not all that savvy with computer parts as all you need to do is hop in our discord, and we can gladly help you out.

What Is The Best GPU To Mine With These Days?

There are Bitcoin mining asic vs gpu tweak few aspects to take into consideration when deciding the best GPU for cryptocurrency mining, but the most critical one is hashrate. Although it needs to be offered at a price, one can afford so that you have a fighting chance of getting an ROI. Lastly, it’s power consumption needs to be low enough to ensure your not spending more on electricity than what you’re earning.

Three Factors to consider when buying a GPU for mining:

Hashrate(the speed at which it can mine)Price(needs to be reasonably priced to see ROI)Power Draw(preferably low wattage to save on electricity)

Remember, the more electricity a GPU needs, the more costly it is to operate, which can ruin any chances of you making a profit. When it comes to which is better, AMD or Nvidia, there is some debate to be had there.

In the end, the best GPU to mine is continuously changing, so be sure to check out our current list of preferred cards to use.

GPU Mining Coins

Until recently, the go-to answer for the best coin to GPU mine has always been Ethereum when referring to GPU mining. However, this coin was invaded by ASIC miners in 2018, which make competition in finding a block slightly unfair. The good news is that these days, the crypto mining space has a plethora of other Altcoins that one could choose to mine with a GPU.

Grin is among the top contenders of best coins to GPU mine with its unique algorithm and unlimited supply. This coin utilizes the Mimble Wimble protocol, which is said to be an equal opportunity for both ASIC and GPU miners while being extremely private by grouping its transactions into a single output. Additionally, Beam is another great choice as it has similar properties as Grin.

Lastly, I’d like to mention Ravencoin as another top choice as it has recently implemented further measures to prevent ASIC miners from mining its chain. The thing that seems to draw miners to Ravencoin is the fact that it open source with alot of development similar to Bitcoin Bitcoin mining asic vs gpu tweak but with more decentralized characteristics, thus creating a fair opportunity of GPU mining.

As Bitcoin mining asic vs gpu tweak early on in this guide, it not at all profitable to mine for Bitcoin no more due to its rapidly growing mining difficulty from the fast-paced development of Bitcoin mining hardware. However their some workaround way in which you can earn Bitcoins with a GPU and even a CPU by using special mining programs.

Mining Software For GPU Mining

Mining software is what makes your GPU or even CPU mine coins. Without the use of the programs, your computer or rig would be pretty much useless for mining. This allows you to easily control, monitor, and connect your mining rig to a coins mining network or pool so that you can quickly start earning coins.

Basically, what these mining programs do is tap into your mining rigs/computers processing power and put it to work hashing on a network of your choice. Additionally, there is software these days that can determine which coin would be the most profitable coin to mine at any given time. This software can take alot of the guesswork out of the equation of knowing you’re getting Bitcoin mining asic vs gpu tweak most from your equipment.

Today’s list of mining software has evolved way beyond what Satoshi original developed back when Bitcoin mining was first pioneered. To date, there are many ways to go about choosing a program to start earning a profit with some being great, others being bad, and even some in-between.

Out of all the ones that we recommend on our list of Bitcoin mining software, one seems to outshine them all. Cudo Miner was recently developed with the intent of making mining a simple plug and play option for gamers and miners in mind. Although its simple to use, it comes with a boatload of advanced features that even pro miners would be impressed.

GPU Mining Overclocking

Overclocking is a way to increase your mining hardware performance, and when it comes to mining, it really helps with increasing profits. Additionally, it can also be the leading cause of mining rig crashes and freezes, so you need to be careful when attempting to perform this action.

Mostly what your doing is accessing the hardware BIOS and adjusting its clock settings so that it can calculate more processes per second. Most manufacturers of hardware Bitcoin mining asic vs gpu tweak warn you that this will void any Bitcoin mining asic vs gpu tweak they provide. However, applying modest overclock to your GPU can help increase the coins you can mine in a day while lowering overall wattage of GPU to save on electricity cost.

This can also cause you GPU to run cooler is done correctly. The thing I really want to emphasize here is the fact you will need lots of research if you’re not all that familiar with the process of doing this. The Good news is that if you need help doing this, you Bitcoin mining asic vs gpu tweak hop Bitcoin mining asic vs gpu tweak our discord and get some help.

GPU Mining Profitability

Unfortunately, when it comes to how much profit one would make from GPU mining, there is no short easy answer. As with all crypto money-making investments, this one doesn’t come without its own set of risks. With that said, the whole point of mining to make a profit obviously but mining isn’t always profitable. As a quick rule of thumb, never invest money that you cant afford to lose.

The reason it’s not easy to project what your financial outcome would be is the fact that there are many dynamically changing factors. For example, the cost of electricity varies significantly from country to country, and even in the states, it can vary widely.

Some of the other factors include the price of the cryptocurrency you choose to mine, which can also vary significantly from month to month. Additionally, the price you agreed to buy your mining hardware will have a direct impact on when you’ll see an ROI.

The good news to all this is there are websites that can give you an idea of what you could potentially make before you decide to invest in hardware. Sites like whattomine have robust mining calculators that can determine many things like what the best coin to mine with a Bitcoin mining asic vs gpu tweak GPU and how much profit you can earn daily on your given electric rate and hardware.

Although I must Bitcoin mining asic vs gpu tweak, take its projections with a grain of salt as Bitcoin mining asic vs gpu tweak, not an exact science. Use it as a guide instead and maybe even compare stats against other mining calculator sites like coinwarz to determine the route you want to go.

GPU Mining FAQ

Can you game and mine at the same time? Absolutely you can game and mine at the same time, although it’s highly not recommended and could potentially cause your GPU to prematurely wear and tear.

Will mining damage my GPU? Mining with a GPU is relatively safe for the most part. However, their ways in which you can cause damage to the card like using too high of an overclock setting or operating in an environment with high temps.

Can I buy used GPU to mine with? For the most part, I have seen numerous reports Bitcoin mining asic vs gpu tweak miners buying up used GPUs with much success. Just make sure to stick with the newer released cards that way, you’re not buying outdated hardware.

Conclusion

I hope you enjoyed what you read here and I look forward to seeing all of you in my discord. Remember, it’s never too late to start GPU mining. As for me personally, I really like this method of mining crypto as it’s one of my favorites out of the many ways to do so. The fact is that GPU mining has many opportunities to make a buck, and even if it dont pan out; I can always sell my computer Bitcoin mining asic vs gpu tweak to get most of my money back.

As always, your feedback is welcome by posting a comment below. I genuinely enjoy hearing from crypto enthusiasts from all around the globe. Happy Mining!

Bitmain's rumored Ethereum ASIC miner could kill GPU mining

Right now we're in one of the worst positions ever for consumer graphics cards, with prices sky high and stocks at rock aisc most GPUs are being eaten up by crypto miners. What can help, other than a purported next-gen GeForce GTX 20 series and possibly Mining-specific SKUs of GTX 20 series cards? Ethereum ASIC miners, that's what.

The latest news coming in from China is that mining giant Bitmain is working on an Bitcoin mining asic vs gpu tweak ASIC miner, the purported Antminer F3. Bitmain's rumored F3 Ethereum miner would pack 3 motherboards with 6 ASICs per motherboard, as well as 32 x 1GB DDR3 memory chips that would make for a very power efficient, but incredibly powerful Ethereum ASIC miner. Bitcoin mining asic vs gpu tweak would put GPU mining for Ethereum out of business, almost overnight.

Bitmain is reportedly meeting with a few manufacturers in Taiwan, so you can be sure that they're talking to TSMC and others in order to see how many chips they can get their hands-on.

The new ETH ASIC chips will begin production later this month, with the ASICs hitting 200-200MH/s and this could be even better with final hardware. We would be looking bitcoiin between $2500 and $3000 for the Atminer F3 Ethereum ASIC miner, which is not too bad at all considering the purported 200-220MH/s mining power.

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You can now mine cryptocurrency Bitcoin mining asic vs gpu tweak your BODY

Last updated: Apr 6, 2020 at 04:46 pm CDT

NEWS SOURCE:steemit. com

ABOUT THE AUTHOR - Anthony Garreffa

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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ASIC vs GPU Mining Profitability: What’s the Best Hardware?

The era of cryptocurrencies started with cs release of the bitcoin white paper in 2009. With the crypto, came cryptocurrency mining and miners whose sole duty it is to add accurate blocks of transactions to the blockchain. To mine cryptocurrency, powerful computers have to be used.

Initially, Central Processing Units (CPU) were used. However, they had to be replaced miniing Graphics Processing Units (GPU) and Application-Specific Integrated Circuits (ASICs). Most miners are torn between which mining hardware to use. There is a battle of supremacy, ASIC vs GPU mining. This review will reveal their pros, cons, and profitability of the ASICs and GPU.

A Bitcoin mining asic vs gpu tweak Introduction to the Mining Process

When we talk about mining, traditional mining such as Bitcoin mining asic vs gpu tweak, diamond and gold mining comes to mind. However, when it comes to cryptocurrency, mining is a different ball game. Mining refers to the process of recording and immutably storing transactions on the Blockchain. Computers are used to carry out the process of mining. Firstly, they would collect bitcoin transactions into a block and then when it gets to its maximum capacity; they will add the block to the blockchain.

To create these blocks of transactions, a miner would have to use a CPU, GPU or ASICs to solve a cryptographic algorithm. Any miner that solves the problem first is rewarded with tweaak certain amount of BTC (12BTC). In addition to the reward, the miner also earns a fee for processing the transactions stored on the block.

Why GPU Mining?

Before mining became sophisticated, miners had to use CPUs to validate the blockchain. After a while, miners discovered that GPUs and ASICs could process the bitcoin proof of work algorithm, also known as SHA256 better. Subsequently, the GPU mining profitability made it more desirable over the CPU.

When mining with GPU Mining hardware, transactions are verified, and new crypto coins are created by using graphics cards. GPUs offer a lot of benefits over the CPU hardware. A standard GPU can process speeds up to 3200 32-bit instructions per clock, a figure that is 800 times above the speed of CPU which clocked only 4 32-bit instructions per clock.

Likewise, GPUs are designed to perform similar tasks as the CPU and even better. GPUs can perform more calculations than the CPU. This Bitcoin mining asic vs gpu tweak because it is built with a large number of Arithmetic Logic Units (ALU), which enables the GPU gs computations. GPUs can perform more during the crypto mining process due to the ALU.

However, this review has nothing to do with CPUs; it is a case of ASIC vs GPU mining. When compared to the ASIC, GPUs have a resalable value. Look at it this way; GPUs were initially created for the gaming mininng. The cards are created to generate and increase Bitcoin mining asic vs gpu tweak rendering on computer devices. Now, if you decide to quit mining, your GPU still has a market value, unlike the ASIC.

You can use the GPU mining hardware to mine the following coins; Ethereum, Ethereum Classic, BitTube, Bitcoin Gold, Monero. Also, when searching for a device to aid your GPU mining, you may want to consider, NVIDIA and AMD.

The Almighty ASIC Mining

Although miners have used GPU mining for years, it faces stiff competition from ASIC Bitcoin mining asic vs gpu tweak. The Application Specific Integrated Circuits perform better than both CPUs and GPUs at performing hash calculations. GPU mining profitability suffered a setback with the Bitcoin mining asic vs gpu tweak of ASIC miners as the ASIC chips were better Bitcoin mining asic vs gpu tweak solving the SHA256 algorithm.

Unlike CPUs and GPUs, ASIC mining is done with professional mining computers specially designed for computing one specific algorithm alone. That is to say, ASICs are designed to be space-efficient and are more powerful. One benefit they hold over the GPU is the fact that they consume less electricity. Although Assic are more expensive, they have higher earnings compared to the GPU.

The ASIC quality performance is one edge the hardware holds minkng the GPU. For instance, ASIC mine just single coins, so if you are mining Bitcoin or Litecoin with ASIC hardware, it Bitcoin mining asic vs gpu tweak surpass all other hardware. ASIC crypto mining hardware is explicitly built to perform the calculations required by a specific cryptographic hash algorithm. They are tailored for a handful of, cryptocurrencies and are efficient at offering a high “hashrate”. Some of the coins you can mine with an ASIC device such as the Dragonmint 16t include Bitcoin, Litecoin, Dash and Zcash.

ASIC vs GPU Mining: Pros and Cons

We will compare the pros and cons of both the ASIC and GPU

ASIC Mining Hardware

Pros:

ASICs offer high performance and high hash rates when mining jining specific coin. ASIC does not consume as much electricity as Askc. It also has an impressive H/W efficiency Compared to the GPU, ASICs are smaller in physical size. This means they consume less space. ASICs also provide higher earning than their counterparts.

Cons:

One of the biggest turn-offs about ASIC hardware is its high cost. The cost of purchasing one can be really expensive. Unlike GPUs, an ASIC mines specific coins. For example, you cannot mine any other coins with a Litecoin mining ASIC. This makes the device completely useless with mining other cryptos. While you can resale your GPUs, it’s a different story for ASICs. ASICS does not have a great resalable value. Equally, despite being upgraded regularly, ASICs are nothing to write home about. As it is, they have upgraded to the 9th version.

GPU Mining Hardware

Pros:

Bitcoin mining asic vs gpu tweak

Cons:

Bitcoin mining asic vs gpu tweak

What is the Profitability between ASIC VS GPU Mining

The long bear market of 2018 affected mining so bad that Bitmain one of the largest mining companies in the world fired about 50% of its workforce. Bitcoin trading became mkning profitable than mining, and most miners migrated. However, the question now is how profitable is Bitcoin mining asic vs gpu tweak to mine cryptocurrency using either ASICs or GPUs?

As a retail investor, mining is more expensive as you have limited resources. However, there are other factors making mining unpleasant, and that is the fact that mining difficulty has increased. The difficulty is spread based on Bitcoin mining asic vs gpu tweak number of computing power in the network. This causes bitcoim increase in mining difficulty as more computers to come into the network.

On the other hand, we can utilize mining calculator NiceHash to calculate the profitability of cryptocurrency mining using either ASIC or GPU. According to the results on NiceHash, we can see how each mining hardware rank in terms of earnings per day. As at the time of writing, the following are the earning on ASIC vs GPU Mining.

GPU	EARNINGS/DAY	ASIC	EARNINGS/DAY
AMD Radeon VII	0.00015600 BTC (1.26USD)	MicroBT Whatsminer M1OS	0.00107900 BTC (8.70USD)
NVIDIA TITAN V	0.00014400 BTC (1.16 USD)	BITMAIN Antminer S16 (56Th)	0.00107600 BTC (8.67USD)
NVIDIA RTX 2080 Ti	0.00013800 BTC (1.11 USD)	BITMAIN Antminer S17 (53Th)	0.00107900 BTC (8.20USD)
NVIDIA RTX 2070 Super	0.00010400 BTC (0.84 USD)	BITMAIN Antminer S17 Pro (53Th)	0.00101800 BTC (8.20USD)
NVIDIA RTX 2080	0.00010400 BTC (0.84 USD)	BITFURY B8	0.0098100 BTC (7.91USD)

Conclusion

Finally, every would-be miner must have it in mind that choosing hardware is dependent on the coins you want to mine. For a lot of miners focusing on altcoins, GPUs are welcome hardware as they can allow you mine muning coins at a time. However, miners are cautions to put a lot of factors into consideration when mining altcoins. While GPU is a much affordable tool for mining altcoins, you have to find out if the coin has been listed on exchanges, power consumption, Market Price, Trading Volume, Mining Algorithm, and Hashrate Charts. All miing factors will help in making profits mining on GPUs.

On the other hand, ASIC mining is more suited for miners interested in mining just a particular crypto coin. It also offers low power consumption which is an attraction for mining in countries with high electricity rates. In the end, the battle of supremacy, ASIC vs GPU mining is dependent on the miner’s choice.

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четверг, 30 апреля 2020 г.