Maithaly's Block in Blog
Technology used for Mining

Technology used for Mining

CPUs VS GPUs Vs ASCIs

Maithali Gharde's photo
Maithali Gharde
·

2 min read

Table of contents

How Mining Works Miner uses different technology to generate the hash. those technology has different hash rates.

CPU's

images.jpg At the point when Bitcoin was begun, the only way to mine was utilizing Central Processing Unit (CPU) on PC and Bitcoin core wallet. Intel and AMD were the famous names in CPUs When bitcoin was released you could dig only 100 coins a day using CPU.CPU was designed to switch between different task. Hash required proof of work in mathematical calculation and CPU has less arithmetic logical units so, when it comes to performance in the large calculation CPU is relatively slow. CPU has the ability to mine different coins such as Zcash, Nexus, Hold coin, Reicoin.

mining rate of CPU <10 MH/s.

Advantages of CPU mining

  • No specialized hardware required.
  • A Very good starting point to enter mining.
  • Invaluable educational experience.
  • It is fun to mine.

Disadvantages of CPU mining

  • Electricity cost.
  • No longer profitable.
  • Constant wear and tear on your CPU.

GPU's

index.jpg GPU stands for Graphics Processing Unit. The GPUs are often used in gaming computers for smooth flow of 3D animation and video. GPU can mine much faster than CPU. In order to mine Bitcoin, you must have at least one GPU installed on your computer.GPU has the ability to mine different coins such as Ethereum, Bitcoin Gold, Electroneum, and many others.

mining Rate of GPU <1GH/s.

Advantages of GPU mining

  • GPU is very good at complex computation.
  • Easily sourced.
  • Standard hardware.
  • High resale value.
  • Upgradeable.

Disadvantages of GPU mining

  • High power draw.
  • Not as powerful as ASICs.
  • Less Overall Efficiency compared to ASICs.
  • Requires large equipment.
  • Cannot mine certain coin.

ASIC

images.jpg ASIC stands for Application-Specific Integrated Circuit. It is a microchip which is design to execute hashing algorithm as fast as possible and ASIC is built for a custom single hash algorithm. It has an ability to calculate 100,000 times faster hash then best CPU. Cryptocurrency coin likes Bitcoin and Litecoin are based on ASIC mining.

mining Rate of ASIC >1000GH/s As of March 2022, the world hash rate is 209.7 million terahashes per second.

Advantages of ASIC mining

  • Low power use.
  • A Very high hash rate for specific coin.
  • Physical size (much smaller and lighter for similar performance).
  • High-profit margin.

Disadvantages of ASIC mining

  • Cost can be very high.
  • Application-Specific, for example, Litecoin ASIC can only mine litecoin.
  • Low resale value.
  • Short lifespan.
  • Non-upgradeable.
miningBlockchain technologyCryptocurrency