mining Asic Vs Mining Rig

[skyfp133]

Any Body about me These Days whats is the best mining Asic Vs Mining Rig?
And About all profit Details ?

[NotFuzzyWarm]

This is area is for Bitcoin mining only and that means using ASIC-based miners, PERIOD. Difficulty has been too high for anything else since at least 2014.

'Mining rigs' are only suitable for mining altcoins and discussion about them belongs in the altcoin areas.

[laeco]

This is area is for Bitcoin mining only and that means using ASIC-based miners, PERIOD. Difficulty has been too high for anything else since at least 2014.

'Mining rigs' are only suitable for mining altcoins and discussion about them belongs in the altcoin areas.

Is using mining rigs for BTC specifically not a viable option anymore? How come ASIC-based miners are better?

[NotFuzzyWarm]

Read the pinned msg at the top of this area, mainly point-3

3. Mining BITCOIN is done exclusively with dedicated BITCOIN mining hardware based on ASICs - https://en.wikipedia.org/wiki/Application-specific_integrated_circuit . You CAN NOT meaningfully mine bitcoin today with CPU, GPU or even FPGAs. Bitcoin difficulty adapts to match the amount of mining done on the network and has reached levels trillions of times too high to mine meaningfully with PCs, laptops, tablets, phones, webpages, javascript, GPUs, and even generalised SHA hardware. You will not find software in this section to help you mine bitcoin in this absurdly inefficient manner in this subforum. It would cost you thousands of dollars in electricity per year to earn only a few cents in bitcoin. Even if you combined all the computers in the world, including all known supercomputer, you would not even approach 0.1% of the bitcoin hashrate today. Any discussion outside of ASIC related mining, except in the interests of academia, will be moved to the altcoin mining section. There isn't any point attempting to mine bitcoin with CPU or GPU even in the interests of learning as it shares almost nothing with how bitcoin is mined with ASICs and will not teach you anything.

The main point is that CPU/GPU's are generalized hardware designed to do many different things. Being programmable means that there are many different operations going on moving data between various registers and buffer locations when processing data and all of which consume many clock cycles for each hash operation.

as their name clearly states Application Specific Integrated Circuits are hard-wired to do 1 thing and 1 thing only. In our case they crunch sha256. A single ASIC chip contains several thousand cores (the Bitfury chips in the Apollo each have 4096 cores) with each one working on different nonce value and spit out results every clock cycle in pipelined operations. Add to that the fact that most modern miners each contain several hundred of said ASIC's and there is just no possible comparison in computational density and power efficiency.

[philipma1957]

This is area is for Bitcoin mining only and that means using ASIC-based miners, PERIOD. Difficulty has been too high for anything else since at least 2014.

'Mining rigs' are only suitable for mining altcoins and discussion about them belongs in the altcoin areas.

Is using mining rigs for BTC specifically not a viable option anymore? How come ASIC-based miners are better?

well I would argue that this section should not exist and that all mining should be rolled into one section.

But reality is BTC mining with an asic miner like an s17 or an s19 belongs here.

indirect btc mining with a gpu rig on nice hash belongs in alt coins.

here is and example of mining btc on nicehash

https://www.nicehash.com/my/miner/1Q9iWR8ij9pXzVP2T6hR4mm8Z5mtyNKWsZ

it is 3 pc's and 6 gpu's

https://www.nicehash.com/my/miner/1Q9iWR8ij9pXzVP2T6hR4mm8Z5mtyNKWsZ/stats

it earns btc via converting eth to btc.

about 10 dollars a day it burns under 700 watts that is about 17 watts a day my power cost is 13 cents so 13 x 17 = 2.21

10.00 - 2.21 = 7.79 profit  this gear cost about 5000

a s17 is around 4000 it earns about 11 bucks and burns 53 kwatts or 6.89 so 11-6.89 = 4.11 profit

so I would argue that having gpus  on nice hash could be better.

[Flying11Horse]

Any Body about me These Days whats is the best mining Asic Vs Mining Rig?
And About all profit Details ?

Mining rig is generally used to mine Ethereum ,litecoin and other altcoins whereas an asic miner is only used to mine bitcoin. I think asic miner will be more profitable as bitcoin's price is rising ,but because of the rising bitcoin price it is becoming even harder to mine bitcoin ,so you will need a lot of asic miners to get about 50$ -60$ daily.

[n0nce]

~

It all depends. If you have cheap power and 10k+ to spend on mining equipment, one could argue that it's easier to maintain and service a single $10k SHA256 Bitcoin ASIC with similar yield to 10 $1k GPUs with obviously many more points of failure like 30 fans and such. But for small-scale, I noticed in pure profitability aspect, it seems GPUs are no bad choice and you can get paid out in BTC indeed from some services.

However, if you like mining 'real' Bitcoin at home, thus supporting the network and not giving hashpower into shitcoins, there are a few things you can run quietly and at low power at home. It's mostly either an Apollo BTC, some Compac F's and I believe also downclocked S9's are a possibility.

Even if you don't 'make profit' but barely cover power costs, you'll be getting non-KYC attached Bitcoins and DCA'ing through the power bill, which is a pretty cool concept. Even if you get slightly less than your power expenses, you can think of it as a 'no-KYC tax', but in many places you're going to be 'DCAing with a discount' if you mine at home, getting not only BTC anonymously, but even for less cash than if buying on an exchange.