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Author Topic: ASIC or GPU mining?  (Read 1568 times)
cryptomaxsun
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May 13, 2019, 06:47:48 PM
 #61

My opinion is that it is better for GPU to buy for mining.
ASICS has a limited lifespan, new ones come out with a large hashrate and old models become illiquid.
Videocards are a more liquid and universal product and means of mining.

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May 14, 2019, 04:59:41 PM
 #62

My opinion is that it is better for GPU to buy for mining.
ASICS has a limited lifespan, new ones come out with a large hashrate and old models become illiquid.
Videocards are a more liquid and universal product and means of mining.
I agree with you. maybe ASIC is really very good at doing mining, and of course it can be faster than the GPU. but, in broad terms, I would choose GPU to do mining. but, if you just want to focus on mining, I think ASIC is the first choice.

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May 15, 2019, 05:33:41 AM
 #63

My opinion is that it is better for GPU to buy for mining.
ASICS has a limited lifespan, new ones come out with a large hashrate and old models become illiquid.
Videocards are a more liquid and universal product and means of mining.
I agree with you. maybe ASIC is really very good at doing mining, and of course it can be faster than the GPU. but, in broad terms, I would choose GPU to do mining. but, if you just want to focus on mining, I think ASIC is the first choice.
ASIC gives us short term ROI compared with GPU, GPU is a bit better than it consider it can be used to mine various crypto but remember we must think about the potentially of the difficulty change that happen anytime based on the how much new hashrate that being distributed to the network from the new mining rig. that will be a difficult choice but this time ASIC still very profitable and GPU needs long ROI.

 
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May 15, 2019, 07:10:08 AM
 #64

Gpus actually have longer roi compared to Installing solar youself. With solar it's not useless after 3 years. Its good for 25+ years. My roi time on solar will be 4 years since I installed it myself

So one should really consider getting solar over GPU mining rig.

That's what I did to stay ahead of the game. GPU mining is oversatured and pretty much for losers as this phase in the market
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May 15, 2019, 08:54:43 PM
 #65

I will also focus on GPU mining for one simple reason - the liquidity of video cards.
You can use them to mine a certain coin, then another.
If you get tired or fail, sell it to someone, like miner or gamer or elsewhere.
ASIC is a short-term investment, because after a while it will become in fact just a piece of garbage

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May 15, 2019, 10:14:54 PM
 #66

I will also focus on GPU mining for one simple reason - the liquidity of video cards.
You can use them to mine a certain coin, then another.
If you get tired or fail, sell it to someone, like miner or gamer or elsewhere.
ASIC is a short-term investment, because after a while it will become in fact just a piece of garbage
Actually a nice overview between ASIC and GPU.I cant really deny that when it comes to resale concern,these GPU do really have it
even though resale isnt really that high but atleast you would able to get something in return with your investment with those cards.
Unlike on ASICs where once they arent profitable already and become outdated theres no one would recognized or consider on purchasing them.

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May 16, 2019, 03:50:15 AM
 #67

I will also focus on GPU mining for one simple reason - the liquidity of video cards.
You can use them to mine a certain coin, then another.
If you get tired or fail, sell it to someone, like miner or gamer or elsewhere.
ASIC is a short-term investment, because after a while it will become in fact just a piece of garbage
Actually a nice overview between ASIC and GPU.I cant really deny that when it comes to resale concern,these GPU do really have it
even though resale isnt really that high but atleast you would able to get something in return with your investment with those cards.
Unlike on ASICs where once they arent profitable already and become outdated theres no one would recognized or consider on purchasing them.
It looks like you are missing the latest report about how profitable asic in this day. That's the guarantee when you are mining use GPU rather than ASIC. it's just like insurance when you get nothing and feeling tired to mine crypto using it and you can sell it and get more than 60% from your first initial amount.
I suggest you see the latest comparison about how much profit generated by GPU and ASIC.

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May 17, 2019, 04:02:08 PM
 #68

ASIC gives us short term ROI compared with GPU, GPU is a bit better than it consider it can be used to mine various crypto but remember we must think about the potentially of the difficulty change that happen anytime based on the how much new hashrate that being distributed to the network from the new mining rig. that will be a difficult choice but this time ASIC still very profitable and GPU needs long ROI.
well, that's what i meant. for now, ASIC is still good to use. but, we don't know the potential that is out there. it all depends on the circumstances. although I say that ASIC is better at doing minning, but we can't override the GPU. basically GPU is more flexible than ASIC, moreover GPU can be sold to gamers, so I think losses can also be reduced. it all depends on the comfort when doing minning. choose the ones that really make the risk become smaller, and have the potential to get big profits.

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─── إمركس ───
   
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The Infrastructure for the
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cepot9
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May 17, 2019, 04:35:41 PM
 #69

ASIC in the short term is very good because it gives a good Roi, but it requires a large amount of money and the GPU is suitable for a long period of time even though it doesn't give a big profit in a fast time
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May 17, 2019, 05:13:47 PM
 #70

I chose general GPU rather than miner GPU or ASIC. is maybe more worth because you can use it as 3 or 4 functions.
1. You can mining (Of course)
2. Video Editing
Miner GPU is powerful to render 4K 60FPS video. I'm a video editor and that's why I choose it
3. Gaming
Well, If you have a good CPU and RAM that machine can be a powerful gaming machine
4. Help SETI to find Alien
Wanna help us to find true extraterrestrial creatures?. Share some of your GPU
5. Hashing a password
I like to help people to crack my friend's forgotten password, why you not help them too and got the money?
6. And many more way to get money with GPU other than mining...

I had a little secret. Last time, I try buy the ASIC priced $350. When the ASIC arrived in my country, the items are detained and I must pay $2000 postage+Tax. Very crazy, I rather to return it and lost $350 than pay $2000 for one ASIC

Trust no one. Crypto is a dangerous world even trusted people especially fake account and service.
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asder250
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May 17, 2019, 07:23:04 PM
 #71

I prefer more fair distribution of mined tokens among miners, my choice is then mining an ASIC resistence coin with GPU. This is a good protection against mining whales.

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encycrypto
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May 17, 2019, 10:17:48 PM
 #72

Why does this thread get a BUMP after every 300 days? Roll Eyes

Spamming in Mining section? Roll Eyes
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