Feb 02, · 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/5(24). Nov 13, · ASIC Miner vs GPU Miner – Which is More Profitable Initial cost and Profit Calculations. Antminer is lot cheaper than gpu mining. e.g. Antminer S9 is about 3 times cheaper than a 6 GPU rig. You can buy Antminer S9 for USD whereas a 6 Nvidia GPU rig will cost around USD. Whereas profitability on ASIC is more than on GPU rig.5/5(2). When mining for Bitcoin, Ethereum, Litecoin or another altcoin, is it better to buy ASIC or set up a GPU mining rig? Both GPUs and ASICs are the highly preferred mining hardware available today. With a GPU, a graphics card solves complex algorithm whereas in ASIC, a chip solves the complex algorithm, both in order to gain rewards.
Bitcoin asic miner vs gpuBitcoin Mining - ASIC Miners and GPU Miners What to Choose?
We all want to get back to that time and mine thousands of Bitcoins and be a millionaire now. But that is not possible, with time passes by difficulty increases and thus make it more difficult to mine bitcoins.
What is bitcoin mining? You have to go out of your houses and mine gold in tunnels. That requires physical work and the end product is surely sweet.
Cryptocurrency mining is done via solving complex mathematical problems and by solving you get coins in reward. With the passage of time difficulty increases and thus makes mathematical problem more complex.
How you can really mine Bitcoin or any other cryptocurrency. All you need a computer, however as said above more complex problem requires more powerful hardware. What is an ASIC miner? An ASIC miner is an integrated circuit which is used for a specific purpose rather than general purpose.
Chips in ASIC miners are designed for a certain algorithm. A chip designed for Bitcoin cannot be used for Litecoin mining. Here graphic cards are used to solve these complex mathematical problems. Graphic cards can also be used for general purposes like gaming, video editing or more such purposes.
Antminer is lot cheaper than gpu mining. Antminer S9 is about 3 times cheaper than a 6 GPU rig. And with the rising popularity of digital currencies, mining has also become a well-known term. Several crypto enthusiasts and hobbyists are already reaping huge profits by mining high performing virtual coins.
Later, GPUs were used to solve the complex algorithm. The Graphic Processing Units, also known as GPUs, were primarily developed to enhance the productivity of the graphic cards of computers. The GPU is basically the chip on the graphics card that performs repetitive calculations. It is used in computers for processing graphics and to develop high-resolution games. The GPUs are designed to quickly execute repetitive calculations when rendering video games, graphics, or 3D video.
When mining with CPU became unprofitable, dedicated mining individuals started using these cards to mine cryptocurrencies. As the number of GPUs rises, the hash power also increases.
The graphic processing units can efficiently mine altcoins, especially Ethereum. It is a microchip specifically designed to execute a hashing algorithm. An ASIC is a computing device that can solve the most complex tasks quickly. ASIC miners are of varying sizes and the latest devices have the complexity of over million logic gates.
However, this means that you need to buy different ASIC for each coin you want to mine. As far as performance is concerned, the ASIC-enabled mining equipment can outperform other equipment. First, you need to think about what coins you are going to mine. The mining hardware you pick largely depends on your particular needs and budget.
You should also think about electricity consumption and noise factor.