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Topic: ASIC or GPU mining? - page 2. (Read 1771 times)

jr. member
Activity: 57
Merit: 1
May 11, 2019, 11:50:33 AM
#52
Crypto mining hardware can make or break your cryptocurrency mining venture. It is, thus, essential that you choose the right hardware to make the most out of your cryptocurrency mining journey. If you want to mine multiple currencies, GPU is the right choice for you. On the contrary, if your focus is on mining a single cryptocurrency, ASIC cryptocurrency mining hardware are certainly your thing
full member
Activity: 392
Merit: 159
November 12, 2018, 04:50:58 PM
#51
How much time do you have?

how much time can you spend to research, tweak, monitor, RD, look into speculations of altcoins?, if the answer is you have enough time, go for GPU.

If you want something that you buy and set up once using a simple youtube video and a bit of common sense for for ASIC. they are loud, you can silence them BUT never use them in the same room as you work/live/study/sleep  Grin.

Both are a very good source of heat in the winter and both hate dust.

ROI has been covered and it is the same here with one addition, depending on luck you can still resell your ASIC for a hefty amount even after 6 months, and if you are really lucky you may sell it after 1 year with more than you payed on it ( not including the transport and custom fees, and definitely not if you purchased yours in the hype of January.
member
Activity: 728
Merit: 10
November 12, 2018, 04:33:51 PM
#50
If you are thinking of installing mining equipment at home, then don’t even think about ASICs. They are very noisy and cannot be used in rooms where people live. GPUs now give less profit, but they are more versatile.
sr. member
Activity: 1092
Merit: 257
LuckyB.it is Back!
November 10, 2018, 01:26:24 PM
#49
I am a beginner in the topic of cryptocurrency.BTC I heard from a friend that you can simply buy ASIC Mining on the Internet and create your own farm. We threw money, got an order ... That's cool! Machine is super! The manufacturer says that it is the most powerful machine in the world, and it's true! Crypt is the future! Shocked Shocked Shocked
ASIC mining is growing in recent days but it is not a highly recommend because they don't ha e provide warranty in my country so all are move to GPU mining. The current market is uncontrollable so all the coins are dump continuously it is reflected in mining platform. I think we should start trading in this dip.
newbie
Activity: 109
Merit: 0
November 10, 2018, 04:55:17 AM
#48
Gpu's is the way to go.
You can always sell 'em or just put em to a side if expenses are too high for the moment.
Asic's for me are bonus stuff.
Me myself also like to do stuff with computer so Asic's plug and play system are not for me.
legendary
Activity: 3136
Merit: 1233
November 10, 2018, 04:33:05 AM
#47
Right now none of them as bitcoin and other crypto prices are not that high and the difficulty is up for most coins. If you still want to mine then the Gpus would be a more easy way to mine, the price of Rx series is down at the moment and you can build a Gpu rig with 1000 dollars easily, can mine different coins and would not be dependent on only or few algorithms like Asics are.
newbie
Activity: 1
Merit: 0
November 09, 2018, 06:58:09 AM
#46
I am a beginner in the topic of cryptocurrency.BTC I heard from a friend that you can simply buy ASIC Mining on the Internet and create your own farm. We threw money, got an order ... That's cool! Machine is super! The manufacturer says that it is the most powerful machine in the world, and it's true! Crypt is the future! Shocked Shocked Shocked
member
Activity: 644
Merit: 24
April 13, 2018, 12:00:38 PM
#45
How much profit can make if have at home one miner?

Maybe you lose money ... Maybe you become a rich man.  That's how much ... Lol  Grin Grin Grin
newbie
Activity: 44
Merit: 0
April 13, 2018, 06:04:42 AM
#44
How much profit can make if have at home one miner?
newbie
Activity: 89
Merit: 0
April 13, 2018, 05:49:24 AM
#43
monero state war to asics, sumokoin fork to heavy, x16r is asic resistant.
with so many asic-proof algo development ahead, I would go GPU.
maybe this year asics is winning but years to come there will be a winter for asics.
thats my prediction, sir Cool
newbie
Activity: 68
Merit: 0
April 13, 2018, 04:18:14 AM
#42
I believe asics are more risky cuz if something goes wrong you can always sell your GPUs but not asics. I would go with GPUs

That is right. It is better to get GPU to mine.
member
Activity: 126
Merit: 10
April 13, 2018, 12:50:59 AM
#41
I believe asics are more risky cuz if something goes wrong you can always sell your GPUs but not asics. I would go with GPUs
full member
Activity: 1260
Merit: 115
April 13, 2018, 12:21:12 AM
#40
What about CPU Mining?
There are great coins like BiblePay that are CPU ONLY
legendary
Activity: 3136
Merit: 1233
April 10, 2018, 02:11:10 PM
#39
Asics are more profitable in the beginning but once many asics miner join in the difficulty skyrockets and the profitability goes only in one direction, down.

With graphic cards mining you have a bit of more options to try if some coin is not profitable anymore. Look at what Monero developers did to stop the asic invasion, they forked the coin to be asic resistant. For 2-3 days the profitability of Monero in V7 is better than Ethereum although we know this will not be the case for long.

I would go for graphic cards mining as they have also resale value after some time, asics have not unless some person with free electricity buys them.
member
Activity: 182
Merit: 11
April 10, 2018, 02:05:58 PM
#38
Liquidity is the only issue for ASICs, you can't just sell them quick like GPUs. And few models might come handy in future, demending on the algo they support (NOT Scrypt of SHA-256 LOL).
newbie
Activity: 109
Merit: 0
April 10, 2018, 01:59:48 PM
#37
i think using gpu more profitable. antminer can be expired nothing can do except for mining. who wont to buy it. but gpu i can sell for gaming user.
member
Activity: 97
Merit: 10
November 21, 2017, 05:39:33 AM
#36
I prefer GPU mining beacuse if something goes wrong you can use them to play games or you can sell it
sr. member
Activity: 378
Merit: 258
November 21, 2017, 03:44:09 AM
#35
Gpu mining is much better because when you buy hardware you can use it for long time.
For example I know some peoples are very happy even today with old 7970 amd cards for about 5 years in mine.
And asic can't be used for long time.
legendary
Activity: 3766
Merit: 1742
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November 21, 2017, 03:40:30 AM
#34
In two words: GPU rigs

Basically because they loose less value compared to ASICs, generally there are a couple of decently profitable algos, and you aren't in direct competition with the producer (AMD/NVIDIA)

member
Activity: 434
Merit: 52
November 21, 2017, 03:36:56 AM
#33
I would not use GPU because u will miss your internet bandwidth for the little profit from it. I have a baikal mini i love it, a antminer U3 63gh batch 2 and 3 gridseed g-blades I wish i had more hashing power but these are not bad.

Internet bandwith? I'm running two gpu rigs and neither uses any more bandwith than my ASIC (none of them use a noticeable amount). My rigs certainly cost more than my L3+ and make less per day, but they also will continue to make the same amount for far longer than an ASIC.
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