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Author Topic: ASIC vs GPU  (Read 6467 times)
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October 25, 2017, 10:18:34 PM
 #1

I want to know expert miners what is the best way to mine ASIC vs GPU

Thank Alot

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October 25, 2017, 10:25:57 PM
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I am confused as your name and signature suggest you have a background in cloud mining?

If you want to mine bitcoin then you need an Asic machine.

If you are going to mine with GPU you would be looking into some Alt-coins. They may be able to help you with the profitability in the alt coin forum.

Other than that you would need to compare profitability by using different calculators

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October 25, 2017, 10:53:43 PM
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I am confused as your name and signature suggest you have a background in cloud mining?

If you want to mine bitcoin then you need an Asic machine.

If you are going to mine with GPU you would be looking into some Alt-coins. They may be able to help you with the profitability in the alt coin forum.

Other than that you would need to compare profitability by using different calculators

Hello my friend im asking i want to know different points of Views but thanks for your answer

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October 26, 2017, 03:27:50 AM
 #4

I want to know expert miners what is the best way to mine ASIC vs GPU

Thank Alot

i dont have much experience in mining but i can say that asic miners is the clear winner on this battle. because  asic miner is authenticly made to mine bitcoins and gpus /cpus are only designed for computers and laptops so therefore they cant handle much work or give much power if used in mining operations. but overall both can still be usable and really dependent on what coins  you are mining.

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October 26, 2017, 04:19:47 AM
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Great, I'm looking forward to this. Hope you can advise me some better types of Asic Minerals. Thank you very much.
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October 26, 2017, 12:39:38 PM
 #6

I want to know expert miners what is the best way to mine ASIC vs GPU

Thank Alot

ASIC:
-> ASIC is usually designed to support 1 mining algorithm (but sometimes up to 3).
-> After the mining of ASIC, it is difficult to sell
-> More energy efficient is so created specifically for the 1-3 algorithm

GPU:
-> GPU can be used for almost all algorithms (that is, you can get a lot more different coins)
-> Easier to sell after mining
-> Less energy efficient



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October 26, 2017, 04:11:12 PM
 #7

I want to know expert miners what is the best way to mine ASIC vs GPU

Thank Alot

 I do think that ASIC is much more better if you want to earn in bitcoins and ETH and any other coins that you want to mine because it has more hash power and it can mine faster then but  the thing is that it is more expensive than GPU. Otherwise,  if you want to mine in altcoin. GPU is the best option if you are in budget, you can buy cheaper or high end graphics card depends on your preference and its not hard to buy those than ASIC which you need to order online in their website and mostly they are not in computer shops or that you can buy in electronic stores. Hope it helps.

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October 26, 2017, 04:19:28 PM
 #8

I want to know expert miners what is the best way to mine ASIC vs GPU

Thank Alot

 I do think that ASIC is much more better if you want to earn in bitcoins and ETH and any other coins that you want to mine because it has more hash power and it can mine faster then but  the thing is that it is more expensive than GPU. Otherwise,  if you want to mine in altcoin. GPU is the best option if you are in budget, you can buy cheaper or high end graphics card depends on your preference and its not hard to buy those than ASIC which you need to order online in their website and mostly they are not in computer shops or that you can buy in electronic stores. Hope it helps.

Yeah it is better miner machine to make bitcoin mining with the profitable way. In this varient you can choose the antminer s9 to mine bitcoin. This is most trusted machine to mine bitcoin and it is highly recommended miner which is been used to mine bitcoin with the huge profit expectation.
GPU miners are good mine altcoins only but still you can mine the bitcoin with the multiple GPU rigs but the profit is lower than the ASIC miners.

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October 26, 2017, 07:45:28 PM
 #9

I'm new in this industry but D3 and A2000 is bad example in ASIC
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October 26, 2017, 08:10:49 PM
 #10

i think asic most powerful now
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October 26, 2017, 10:45:58 PM
 #11

I think it depends on the coin. If most people are running ASICs then that will be your best bet.

If its one of the cryptos that uses mining algorithms that are designed to be resistant to ASICs then its going to be best to use GPUs in that case.

Ultimately it comes down to how much you can mine for the cost of the electricity that you're paying.

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October 27, 2017, 08:00:38 AM
 #12

ASIC:
 
Advantages
Compact form factor.
Gigantic hash power right out the box. 
Ese to use.
No need for other components only PSU to run it.
 
Disadvantages
Very Noisy fans
Hard to buy you need to preorder
Hard to sell
You can mine Lightcoin and Bitcoin.

GPU:
 
Advantages
Can mine several coins at once.
You can tune the video cards to consume less electricity. 
Supports many coins. 
Easy to buy.
Easy to sell.

Disadvantages
Complicated to configure mining rig to start mining.
To start mining you need a case,cpu,ssd, ram, motherboard, and psu.
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October 27, 2017, 08:22:42 AM
 #13

The Asic create specially for mining , so i thing it's the best way to mine alt coins and bitcoins now , the gpu also good .

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October 27, 2017, 09:17:10 PM
 #14

ASIC:
 
Advantages
Compact form factor.
Gigantic hash power right out the box. 
Ese to use.
No need for other components only PSU to run it.
 
Disadvantages
Very Noisy fans
Hard to buy you need to preorder
Hard to sell
You can mine Lightcoin and Bitcoin.

GPU:
 
Advantages
Can mine several coins at once.
You can tune the video cards to consume less electricity. 
Supports many coins. 
Easy to buy.
Easy to sell.

Disadvantages
Complicated to configure mining rig to start mining.
To start mining you need a case,cpu,ssd, ram, motherboard, and psu.

This Is  the best explanation i heard excellent my friend

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October 27, 2017, 09:18:12 PM
 #15

I want to know expert miners what is the best way to mine ASIC vs GPU

Thank Alot

What are you trying to mine..

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October 28, 2017, 03:20:01 AM
 #16

I want to know expert miners what is the best way to mine ASIC vs GPU

Thank Alot

ASIC:
-> ASIC is usually designed to support 1 mining algorithm (but sometimes up to 3).
-> After the mining of ASIC, it is difficult to sell
-> More energy efficient is so created specifically for the 1-3 algorithm

GPU:
-> GPU can be used for almost all algorithms (that is, you can get a lot more different coins)
-> Easier to sell after mining
-> Less energy efficient


Based on your explanation, i can see that gpu is better to use than ASIC and I also agree with that because with less consumption of energy will save more money thus creating more income.

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October 28, 2017, 06:12:35 AM
 #17

There is no doubt about it ASIC's are the best because these are specifically designed circuit chips solely for the purpose of solving Bitcoin blocks. ASIC's can solve the blocks much quicker than GPU and consumes very less electricity power to function.We can say that mining with ASIC is like turning up to a gold mine armed and mining with GPU is like doing the above in our back garden.

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October 28, 2017, 11:02:44 PM
 #18

I think setting a GPU is more complicated and consumes a lot of power too.  So any way is the best for you.  It must cheaper to to build a GPU setup I think that ASIC. The only thing to think about is the electricity cost of the GPU build.  However, both are a worth to try since I believe, you can gain something out of it...

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October 28, 2017, 11:52:49 PM
 #19

ASIC:
 
Advantages
Compact form factor.
Gigantic hash power right out the box. 
Ese to use.
No need for other components only PSU to run it.
 
Disadvantages
Very Noisy fans
Hard to buy you need to preorder
Hard to sell
You can mine Lightcoin and Bitcoin.

GPU:
 
Advantages
Can mine several coins at once.
You can tune the video cards to consume less electricity. 
Supports many coins. 
Easy to buy.
Easy to sell.

Disadvantages
Complicated to configure mining rig to start mining.
To start mining you need a case,cpu,ssd, ram, motherboard, and psu.

have you mined for long time? you like an expert

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October 29, 2017, 12:41:25 AM
 #20

ASIC:
 
Advantages
Compact form factor.
Gigantic hash power right out the box.  
Ese to use.
No need for other components only PSU to run it.
 
Disadvantages
Very Noisy fans
Hard to buy you need to preorder
Hard to sell
You can mine Lightcoin and Bitcoin.

GPU:
 
Advantages
Can mine several coins at once.
You can tune the video cards to consume less electricity.  
Supports many coins.  
Easy to buy.
Easy to sell.

Disadvantages
Complicated to configure mining rig to start mining.
To start mining you need a case,cpu,ssd, ram, motherboard, and psu.



If you want to be a miner.  read above.

and  gpu's have real warranties  1 2 3 years long.

There is no advantage to all asic or all gpu.   both is the way to go.

as for the op  cloud mining = scam  more often then not.

I have
 host mined
 cloud mined
self mined
cpu mined
 gpu mined
asic mined

> it always come down to a mix  to make money.  not any one .

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October 29, 2017, 01:46:24 AM
 #21

I want to know expert miners what is the best way to mine ASIC vs GPU

Thank Alot
I think ASIC is a better way to mine than by gpu. When mining at 1 GH/s in a pool you earn somewhere between 0.00001-0.00005 Bitcoin per day, worth approximately 1 cent. The cost of electricity far exceeds 1 cent per day when mining Bitcoin with a GPU.So it’s simply not worthwhile to mine Bitcoin with a CPU or GPU. Currently the only way to profitably mine Bitcoin is to use an application-specific integrated circuit (ASIC).  It costs less than gpu or cpu.
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October 29, 2017, 06:23:24 AM
 #22

I want to know expert miners what is the best way to mine ASIC vs GPU

Thank Alot

I have tried nvidia graphics card and it's a good investment. I'm using 4 cards gtx 1080, i choose gpu mining than asic because it's easy to sell.
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October 29, 2017, 10:42:42 AM
 #23

I would suggest you that GPU is better than ASIC because they can calculate all algorithm than ASIC they only calculate only one algorithm at a time,GPU is Cheaper than ASIC,Mining with GPU is easier than in ASIC and it is easier to sell the GPU and you can get experts choice over GPU easily than in ASIC.So go with GPU.
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October 29, 2017, 11:26:20 AM
 #24

To answer your question straightforward, ASIC is better compared to GPU because it is an application that requires minimal power moreover it is faster compared to GPU. Faster in terms of solving bitcoin blocks that generates bitcoin. It requires minimal power because the sole purpose of ASICs is to solve bitcoin blocks unlike GPUs that also is used by the computer itself for display and performance. ASICs are also less costly compared to GPUs that costs fortunes if you use more than 4 GPUs.

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October 29, 2017, 11:52:14 AM
 #25

I want to know expert miners what is the best way to mine ASIC vs GPU

Thank Alot
It was earlier that GPU systems were used to mine bitcoins.But now,mining difficulty has increased a lot and so,bitcoins could only be mined with powerful ASIC miners.China is the leader in manufacturing ASIC miners and only for this reason,largest number of mining farms are located in china.

If you just want to mine altcoins,then even GPU systems could be used to mine them.You could ust download minergate software and star mining.But it may even damage the motherboard of your system.

It has been said tht mining logarithm of BTG hs been changed so that even GPU system could be use to mine Bitcoin gold.But,till now,no official statements has been made clearly.

But still,mining altcoins using GPU systems seems less profitable.


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WatchMaker
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October 29, 2017, 02:52:02 PM
 #26

ASIC:
 
Advantages
Compact form factor.
Gigantic hash power right out the box. 
Ese to use.
No need for other components only PSU to run it.
 
Disadvantages
Very Noisy fans
Hard to buy you need to preorder
Hard to sell
You can mine Lightcoin and Bitcoin.

GPU:
 
Advantages
Can mine several coins at once.
You can tune the video cards to consume less electricity. 
Supports many coins. 
Easy to buy.
Easy to sell.

Disadvantages
Complicated to configure mining rig to start mining.
To start mining you need a case,cpu,ssd, ram, motherboard, and psu.

Based on this analysis showing both advantages and disadvantages - it shows GPU mining is better, faster and more profitable. ASICs is little bit old school. Cheesy

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November 01, 2017, 08:49:46 AM
 #27

The main problem of the ASIC is the lack of guarantee, and the people serving them, narrow focus on algorithms, so home diggers prefer the GPU, that's all the specifics.
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November 01, 2017, 09:31:13 AM
 #28

it depends on what coin you want to mine.
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November 01, 2017, 10:14:17 AM
 #29

The main problem of the ASIC is the lack of guarantee, and the people serving them, narrow focus on algorithms, so home diggers prefer the GPU, that's all the specifics.

If you go with best seller site such Amazon, aliexpress or bitmain you will get the best miner with the high consuming hash rate for the right miner you choose. Equi hash algorithm would usually in most of the ASIC. In profit wise ASIC miners best in market but with you will not be able to make lumsome profit.

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November 01, 2017, 12:32:33 PM
 #30

GPU mining is just more decentralized which is a good thing.

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November 01, 2017, 01:15:24 PM
 #31

I want to know expert miners what is the best way to mine ASIC vs GPU

Thank Alot

gpu
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November 01, 2017, 09:07:58 PM
 #32

GPU = Better resale value and greater variety of options to mine.
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November 01, 2017, 10:19:37 PM
 #33

ASICs for sure as lower overall power drain, and simpler in design, really though, strides should be made to whittle down the overall power draining on the network, and heat.
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November 01, 2017, 10:33:21 PM
 #34

Not sure how much it cost to run ASICs, but I have a 5 GPU rig running RX480s and the cost is roughly $175-$200 USD per month. Which is killing me. Hoping Ethereum price goes up in the near future.

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November 01, 2017, 10:52:47 PM
 #35

I want to know expert miners what is the best way to mine ASIC vs GPU

Thank Alot

Now a days if you want to mine bitcoin you need to use an ASIC miner (antminer S9).
Most GPU can only mine alt coins now since mining Bitcoin using it will not be profitable.
Downside of an ASIC miner is that it consumes a lot of electricity and it don't have other
use but mining Bitcoin.

GPU's can mine altcoin if there is a coin that is worth mining then I suggest better go with this.
Warranty is until 3 years and in case mining is not profitable it can be used as a Graphics card for your PC's

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November 01, 2017, 10:58:48 PM
 #36

ASIC is faster than GPU. It is build to solve blocks faster. But it is only build for few cryptocurrency only, bitcoin or any sha256 altcoins. ASIC miner is the popular mining equipment these days. But GPU has a lot of advantage compared to ASIC. GPU has a lot of choices which cryptocurrency to mine. Most altcoins supports GPU mining. So if you're preferred with GPU mining. You should aim for altcoins not bitcoin. Because it's hard to mine bitcoin with GPU because it's more slower compared to ASIC. But still depends on what cryptocurrency you want to mine. GPU for altcoins and ASIC for bitcoin and other sha256 altcoins. But if i were to choose. I choose GPU. Ethereum supports it. I like Ethereum because it has a future.

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November 02, 2017, 01:12:39 AM
 #37

They can easily be sold once they become unprofitable.When a card is bought, most people modify bios, undervolt and overclock it. So they get even more computing power and less power consumption.Also you get for gpus 1,2,3 years of waranty.
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November 02, 2017, 12:13:12 PM
 #38

I want to know expert miners what is the best way to mine ASIC vs GPU

Thank Alot
Best way to mine would really depend on which coin you would mine. if its sha56  then you would really need ASIC miners since GPU wont able to mine such thing.We do know that Bitcoin cant really be mined by using GPU since it would really need asic miners which currently and the latest one is antminer s9 which do have 14+ th/s.We can point out that it is specialized to mine bitcoin and other coins which do have the same technical feature but on most cases on altcoins it can be mined by using GPU cards.

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ningthemcha
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November 02, 2017, 12:56:41 PM
 #39

My choice is Mining with gpu cards.
Advantages are :
1. You can tweak to save power consumption.
2. Warranty support is far better than asic (I don't know about asic warranty & if you didn't do any unofficial bios modding to your gpu card).
3. You can mine many different coins. (What if Bitcoin becomes unprofitable)
4. "My asic blows up" or "One of my gpu card blows". Just think of the investment loss.
5. Sell out your gpu cards to game freaks when you wanna upgrade to more powerful gpu cards.

Thanks! Cheers!

Our financial future is Bitcoin.
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November 02, 2017, 01:59:07 PM
 #40

I am confused as your name and signature suggest you have a background in cloud mining?

If you want to mine bitcoin then you need an Asic machine.

If you are going to mine with GPU you would be looking into some Alt-coins. They may be able to help you with the profitability in the alt coin forum.

Other than that you would need to compare profitability by using different calculators

Hello my friend im asking i want to know different points of Views but thanks for your answer

He explained everything well. What exactly it is you seeking for.

In all the ways I believe that ASIC is more comprehensive hardware man made for mining the bitcoin while on the other hand GPU a smart algorithm which was supposed to be used for gaming but now using its capabilities in the field of mining. Thats something different that we all know. One is heavy cost another is cheaper yet costly for a gamer though! Whatelse, thats just general info I believe. No straight comparison I can find. :-)

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Siddela Sarat Kumar
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November 02, 2017, 08:21:59 PM
 #41

ASIC(app-specific integrated circuit) is to be used if you are looking to mine bitcoin.
And with GPU (graphic processing unit) can be use to mine alt-coins. Which is quite profitable.
Both will do. But if you were to choose, GPU would score high. Say due to their good resale value , them being energy efficient ,less noise pollution etc.. And GPU miners are normal computers.
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November 02, 2017, 10:41:27 PM
 #42

ASIC(app-specific integrated circuit) is to be used if you are looking to mine bitcoin.
And with GPU (graphic processing unit) can be use to mine alt-coins. Which is quite profitable.
Both will do. But if you were to choose, GPU would score high. Say due to their good resale value , them being energy efficient ,less noise pollution etc.. And GPU miners are normal computers.
Most of the miners that's being used today is the ASIC(application-specific integrated circuit) and this is the last hope that you will ever gonna find since there's no one yet that can replace it's capability. Some think that a quantum computer maybe the next ASIC but it will never gonna happen since that technology doesn't exist yet. GPU would have scored high when it comes at the ratings but users doesn't have any other choice because ASIC is only the upgraded version of miners of bitcoin before.

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November 03, 2017, 09:47:30 PM
 #43

ASIC:
 
Advantages
Compact form factor.
Gigantic hash power right out the box. 
Ese to use.
No need for other components only PSU to run it.
 
Disadvantages
Very Noisy fans
Hard to buy you need to preorder
Hard to sell
You can mine Lightcoin and Bitcoin.

GPU:
 
Advantages
Can mine several coins at once.
You can tune the video cards to consume less electricity. 
Supports many coins. 
Easy to buy.
Easy to sell.

Disadvantages
Complicated to configure mining rig to start mining.
To start mining you need a case,cpu,ssd, ram, motherboard, and psu.

You forgot that you can also mine in minecraft on GPUs Smiley

HODL
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November 04, 2017, 03:33:19 AM
 #44

I want to know expert miners what is the best way to mine ASIC vs GPU

Thank Alot

First question that you need to answer is what are you trying to mine, If you want to mine bitcoin
ASIC miners are the one that can mine bitcoin but if opt to mine altcoins then you can go with GPU for mining.

GPU mining can be profitable in mining alt coins and it can also do multiple mining wherein you can mine 2
different alt coin at the same time unlike with ASIC miners most of the devices are specifically built for a coin.
And another advantage that GPU has is that it has longer warranty period and once mining is not that profitable
anymore you could use your device as a GPU for your computer just make sure that the GPU that you get has a
video output on it since manufacturers are now releasing GPU for the sole purpose of mining.
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November 04, 2017, 04:05:44 AM
 #45

Which better between ASIC vs GPU? Which get many profit between them?

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November 04, 2017, 03:00:35 PM
 #46

I want to know expert miners what is the best way to mine ASIC vs GPU

Thank Alot
Asic mining tools is good for mining bitcoin and many big mining companies are using Asic9 in other to get good share of the network. But GPU tools are good for alternative coins mining including bitcoin cash and bitcoin gold! If you are into cryptocurrencies mining business or you want to go into it, I will advise you to mining both bitcoin and altcoin and at the same time buying tools that you can use to mining both.
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November 04, 2017, 03:36:49 PM
 #47

I want to know expert miners what is the best way to mine ASIC vs GPU

Thank Alot

Are you are planning to mine bitcoin then you need to have an ASIC device to do it, but if you are planning to mine alt coins GPU is the best so that you can do dual mining.

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November 04, 2017, 04:09:18 PM
 #48

Anyone here mining BTC/BCH together? can u give me example how much u earn daily for what cost? much appreciated
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November 04, 2017, 05:59:25 PM
 #49

Here is a no meaningful comparison. The above described well what is needed and why. But the point is that the asics are useless in everyday life. And they do not need to a person who doesnt live by mining (even bitcoin).
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November 04, 2017, 11:37:05 PM
 #50

Hello guys i would like to know the comparison about noise of asic miner and GPU mining ..
I was heard antminer s9 but  its really noisy that i think i  couldn't sleep if i run s9 in my room..
What do you think for GPU mining if i start to build a rig with 4 1080ti gpu do you think the  noise would be the same as asic s9?

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November 05, 2017, 08:32:46 AM
 #51

I'll for GPU, cheaper device and consumes not much electricity, ASIC devices are like energy monsters.
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November 05, 2017, 02:30:43 PM
 #52

ASIC and GPU have different purpose when it comes to mining, if you have both that is better.
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November 06, 2017, 11:55:00 PM
 #53

I want to know expert miners what is the best way to mine ASIC vs GPU

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I prefer using an ASIC miner since it has more hashing power than GPUs and can mine more bitcoin than those GPU. Only problem i am encountering with ASICs is that no stock is always available from the sellers, resellers is doubling the price of the miners.

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November 08, 2017, 12:50:47 PM
 #54

I want to know expert miners what is the best way to mine ASIC vs GPU

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I would go with mining using ASIC machines. This type of mining is the most easy among the two. You just need to have an ASIC device and an internet connection then everything is good to go, unlike with GPU mining you need to tweak a lot of thing from the GPU before it can give you a good performance.
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November 08, 2017, 01:16:51 PM
 #55

I want to know expert miners what is the best way to mine ASIC vs GPU

Thank Alot

I would go with mining using ASIC machines. This type of mining is the most easy among the two. You just need to have an ASIC device and an internet connection then everything is good to go, unlike with GPU mining you need to tweak a lot of thing from the GPU before it can give you a good performance.
Regarding on setting up those miners I would say it would be just the same but only on little differences since they do have different coins to mine the problem on GPU is that it is somehow hassle because you do set up lots of gpu cards which unlike on ASIC just make some tweaks specially on software installation then you are good to go but when it comes to profitability wise I would go for gpu mining.



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November 08, 2017, 07:20:05 PM
 #56

If other people mining with ASIC miners, you can not get profit via GPU on that currency. GPU mining is profitable with altcoins.
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November 08, 2017, 08:03:43 PM
 #57

It's not a correct answer and I vet you heared a lot of different answers. For someone asic is great because he/she sees more potential in only bitcoin mining, for other altcoin mining is like a jurney and they enjoy it.
I prefer asic but in this situation I would choose GPU because you don't depend on one coin, you can mine many altcoin and if you want you can turn for example from ether to dash and etc.

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November 08, 2017, 09:27:46 PM
 #58

You must be cautious using an ASIC. Look for stories about Antminer D3 (for Dash mining) and Antminer L3 (for Litecoin mining). Lots of users are unhappy with with ROI that have been extended for more than 1 year !
But usually, the ROI on mining with an ASIC on a dedicated coin is far better than mining on GPU.
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November 08, 2017, 10:06:01 PM
 #59

Use www.Whattomine.com to compare your budgets for GPU and ASIC.
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November 08, 2017, 10:09:59 PM
 #60

Don't forget that Asic miners right now can mine altcoin like antminer L3+ or D3 they are both asic chip that we can consider as mining altcoin..
But compare to the profitability Asic is much profitable and cheap hardware than GPU..
I was planning to build more mining rig  but its really not profitable as of now base on what i experienced.. i am planning to order asic but its really hard to order directly from bitmain and always soldout..  unlike GPU that you can buy easily even here in my country there are lots of  shops that you can buy gpu..

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November 08, 2017, 10:49:37 PM
 #61

I prefer gpu
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November 09, 2017, 12:48:20 PM
 #62

Asics machines are certainly more profitable than GPUs. As the ASIC diggers are designed to be most suitable for mining, while the GPU does not perform as well as it does, it also consumes more power.
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November 09, 2017, 01:57:33 PM
 #63

I think asic ^ ^

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November 09, 2017, 02:16:47 PM
 #64

I want to know expert miners what is the best way to mine ASIC vs GPU

Thank Alot

Not ASIC for home mining. With a GPU can mine at home.

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November 09, 2017, 08:30:42 PM
 #65

Not sure how much it cost to run ASICs, but I have a 5 GPU rig running RX480s and the cost is roughly $175-$200 USD per month. Which is killing me. Hoping Ethereum price goes up in the near future.

Seems like your setup is not optimized at all.. I have 7x gpus and paying $100/month for my rig. Feel free to shoot me a pm if you'd like to discuss
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November 09, 2017, 10:52:58 PM
 #66

I am also planning to buy one.  What is the best miner that supports mining of different coins or probably supports upcoming Ico coins? Do you know any, and how much is that ?

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November 10, 2017, 07:10:07 AM
 #67

ASIC ,GPU, CPU and FPGA are crypto currency mining hardwares, in the early stages of bitcoins CPU mining was possible after every three to four years time the mining difficulty keeps on increasing, so mining with CPU is not possible now a days it requires more power generated machines to mine bitcoins to get more profits one need to start mining in ASIC machines or GPU in power plant or mining rig, in most of the developed countries miners use power factory with 10000's of computer's or hardwares to mine bitcoins. Both ASIC and GPU are two most preferred hardware machines used for mining bitcoins and other crypto currencies. GPU's are used to solve complex mathematical problems for mining which helps to earn bitcoins whereas ASIC machines are comparatively expensive than GPU machines, ASIC hardwares are used for bitcoin mining these machines requires only less electrical energy compared to CPU.

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November 18, 2017, 06:29:57 PM
 #68

I want to know expert miners what is the best way to mine ASIC vs GPU

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With ASIC you can mine BTC. And with GPU you can mine altcoins.
There are websites which gives full info from basics. You can also check out some videos for better understanding.
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November 18, 2017, 07:29:49 PM
 #69

I want to know expert miners what is the best way to mine ASIC vs GPU

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GPU mining are mostly used on mining alt coins and when used for bitcoin it will not be profitable.
If you are aiming on mining bitcoin then you should use ASIC devices. It is quite hard to get a
piece of it since most poeple are hoarding it and are  re selling it for a higher price double or triple the original price.,
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November 26, 2017, 06:48:20 AM
 #70

Go GPU.... at least when you're done mining you can build a sick computer if you're into gaming/video editing/ etc. But if you have zero interest in computers then maybe asic is better, set and forget it.

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November 26, 2017, 07:56:11 AM
 #71

Go GPU.... at least when you're done mining you can build a sick computer if you're into gaming/video editing/ etc. But if you have zero interest in computers then maybe asic is better, set and forget it.

I second that. I prefer GPU mining for the same reason. Whether you lose interest or cryptos go down, at least the GPUs will have some use or resale value.
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December 06, 2017, 06:15:20 PM
 #72

I want to know expert miners what is the best way to mine ASIC vs GPU

Thank Alot

Asic is a machine which is use for mining. It can mine better than GPU and gives good result you can make good income from it. But a lot of energy required for it you have to turn it on everyday. If you're looking for mining with your computer then you need a GPU the mining processes would normal but slow as compare to ASIC.

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December 10, 2017, 10:59:39 PM
 #73

I wonder why is there no more noise around mining. Nowadays it is profitable even in West EU, and USA. With modern ASIC machine which is not expensive (~3000 € or $) one can easy make > 200 $ per month (profit).

Considering trend it will only become more profitable. The reason for silence is probably the fact that more miners means less profit. Buying is currently more profitable, but also much riskier. As miner one will make profit even if BTC stays at 12k the whole year.
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December 11, 2017, 12:43:32 AM
 #74

ASIC miners are easy to use, very stable, but You have some limitations (risks). Mostly they are designed for one ALGO, and You can use ti only for coins which use that algo.
Also, the ASIC miner market is specific. Only a few producers which exploit huge demand for ASICs and have a very specific model of sale (Bitmain reservations, orders, delivery plans...warranty issues).
Also, they overproduce some models (D3). On the beginning it was the most profitable miner at all. But now after tens of thousands produced (difficulty rise to the moon, price do not follow it)...so, You can mine 8USD/day, now. Very loooong ROI. Check the EBAY, You will find hundreds of offers in half of original price.
Probably, We will see the same story with L3...difficulty almost doubled in last 3 days /2jnrd3y]http://[Suspicious link removed]/2jnrd3y

In GPU mining You need to have some technical knowledge, and You can always have some issues, because You use ordinary computer parts, most of them are not projected for 24/7/365 work.
In other hand You have a much wider choice of coins and ALGOs. You found a better profitability, only start another software, and go... Also, it is easier to find the components...

So, If You have a good deal for some new developed ASIC what You get in few days, take it...if You need to wait delivery for months...You never know how profitability look like...

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December 11, 2017, 02:13:20 AM
 #75

Not sure how much it cost to run ASICs, but I have a 5 GPU rig running RX480s and the cost is roughly $175-$200 USD per month. Which is killing me. Hoping Ethereum price goes up in the near future.

Seriously?  Are you paying 20 some cents per kwh?  My six GPU Vega 56 rig is costing me about 80/mo to run at 10 cents per kwh.

Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
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December 11, 2017, 03:44:21 AM
 #76

I am confused as your name and signature suggest you have a background in cloud mining?

If you want to mine bitcoin then you need an Asic machine.

If you are going to mine with GPU you would be looking into some Alt-coins. They may be able to help you with the profitability in the alt coin forum.

Other than that you would need to compare profitability by using different calculators

what is ASIC and GPU,?
and what is different?
 i.m not  understand,, please tell mE!

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December 11, 2017, 03:55:50 AM
 #77

I want to know expert miners what is the best way to mine ASIC vs GPU

Thank Alot

ASICs will put a lot of pressure on you to continually upgrade.  If you look at electricity consumption and hashrate for older ASICs you will see each newer generation getting more powerful and more efficient.  This means your revenue will drop off over time. 




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gotminer
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December 11, 2017, 04:26:55 AM
 #78

I am confused as your name and signature suggest you have a background in cloud mining?

If you want to mine bitcoin then you need an Asic machine.

If you are going to mine with GPU you would be looking into some Alt-coins. They may be able to help you with the profitability in the alt coin forum.

Other than that you would need to compare profitability by using different calculators

what is ASIC and GPU,?
and what is different?
 i.m not  understand,, please tell mE!

ASIC - Application Specific Integrated Circuit

GPU - Graphics Processing Unit

Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
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