Hi ,
I am new to the forum and not familiar with the current ratio of standard vs asic and the latest trends.
In the early days miners could use CPUs only for crunching.
Then miners started using GPU cards.
Currently there is use of ASIC boards.
A questions for all miners -
What type of hardware do you use - standard CPU/GPU or asic boards?
Thanks, Paul.
You have a lot to learn Paul.
Depends what TYPE of crypto coin you are mining.
SHA256 - needs high end, low voltage, low cost ASIC now to be worthwhile.
SCRYPT - Can still be done with GPU, but new ASICs being introduced now and over the next months will make the GPU redundant for this crypto
SCRYPT-N/X11 - more ASIC resistant, still being mined with GPU's but in the end may become ASIC-ified if there is enough momentum/value in it.
CPU, nothing worth mining on CPU that can't and is converted to GPU/ASIC mining.