I agree with most of the points raised, and GPU's might come as the slight winner here because of broader flexibility and market demand;
however it's true that they also require more maintenance, you will need to be dusting them off, replacing fans, etc. so if you decide to run a large scale GPU mining operation,
consider having a few employees / active business partners to help you with the routine tasks.
Topic: GPU or ASICs? (Read 444 times)
If I get no profit any more on mining ETH/ZEC, I would switch to mine another asic-resistance coin, I would not get in the races which are controlled by Bitmain.
That was what miners should do. Super agree with that!
As miners, we had to face a few things that we can't control, such us ASICs expansion. So, focus on what we can do are the best thing that we can to for survive on this crypto mining world.
IMHO If you have the necessary infrastructure you should go with asics, if you only want to mine in a little scale, on your home, you should choose GPU rigs.
Best advice; how about forget both and buy the coins instead? 
If you good at market prediction and willing to take a risk, it will be much profitable for you and less hustle and bustle.
Mining is not an easy game either, so you need to consider how much time you have to spend on this as well.
If you good at market prediction and willing to take a risk, it will be much profitable for you and less hustle and bustle.
Mining is not an easy game either, so you need to consider how much time you have to spend on this as well.
What about buy coins and miners instead?
I agree that with some well-timed trades it could be more profitable to instead buy the coins instead of mining. However, for those who have no experience in trading, mininng is really a good option because people lessenn the risk because of the hedged value of miners. The miner (or at least a GPU) is something you can sell if everything goes to shit.
Perhaps FPGA should be in the conversation as they will no doubt continue to pick up steam, will take a little time though.
Best advice; how about forget both and buy the coins instead?
If you good at market prediction and willing to take a risk, it will be much profitable for you and less hustle and bustle.
Mining is not an easy game either, so you need to consider how much time you have to spend on this as well.
If you good at market prediction and willing to take a risk, it will be much profitable for you and less hustle and bustle.
Mining is not an easy game either, so you need to consider how much time you have to spend on this as well.
If I get no profit any more on mining ETH/ZEC, I would switch to mine another asic-resistance coin, I would not get in the races which are controlled by Bitmain.
That was what miners should do. Super agree with that!
As miners, we had to face a few things that we can't control, such us ASICs expansion. So, focus on what we can do are the best thing that we can to for survive on this crypto mining world.
The asic miner should be good as it consumes less power than GPU. But I still support GPU mining as I started mining ETH/ZEC and keep mining it with my mini farm (RX580 + P106-100...). The thing I would not support asic mining is, just in my thought: Bitmain only releases asic miner out to market if they get in hand another asic miners which has 2X more powerful, let see what happen with XMR and XMO for your references. If I get no profit any more on mining ETH/ZEC, I would switch to mine another asic-resistance coin, I would not get in the races which are controlled by Bitmain.
In general, ASICs are evil, they kill decentralization, and take away profit from the poor majority and giving it to the wealthy minority.
You must be an ASIC hater!
In my opinion, ASIC itself isn't that terrible as you said if we were objective and we were doing fair compare. The one whose may you noted as evil must be the ACISs producer (with some hidden mining, sold used ASICs or whatever).
full member
Activity: 238
Merit: 100
UNCLOAK™ - Cyber Threat Detection Powered by EOS™
If you are confused between ASICs mining and GPU?
GPU mining is safe for all miners, why? beacause if the mining no longer profitable in future you can sold it atleast 50% of the value. While The ASICs have zero value, But ASICs mining is for the risk takers and provide 3 times more profits than GPU mining, it produce more heat and noise so you need to separate room for this.
You are right, GPU mining is better than the ASICs mining but I am also suggested to GPU mining only because it is the updated technology and it is stable profit and long life. I am invested in GPU mining and 6 months warranty for graphic card and 2 years warranty in processor but important thing is resell value is depends on the mining profit so we should buy know it will also make profit in future because current scenario mining profit is little less and this profit is depends on the market price so Bitcoin is going to moon automatically we will earn more in mining.GPU mining is safe for all miners, why? beacause if the mining no longer profitable in future you can sold it atleast 50% of the value. While The ASICs have zero value, But ASICs mining is for the risk takers and provide 3 times more profits than GPU mining, it produce more heat and noise so you need to separate room for this.
Do you have 6 months warranty on cards? Did you buy mining edition? I try to buy cards with 36 months of warranty. In general, ASICs are evil, they kill decentralization, and take away profit from the poor majority and giving it to the wealthy minority.
If
Mining identified with investment, there should be a few main elements of investment
Reward of investment
On crypto mining, this point may relate to current income (mining result), which machines better related to this point? Ask your self, cause the answer would be different, depends on what type of people you are.
My personal answer should be "ASICs" but in fact, I didn't use ASICs, it because I like to explore and do an experiment, and for me GPU more explorable.
Return and risk of investment
Return and risk can't be separated. On crypto mining, a return was relative (related to the market condition that fluctuates), but yes we can calculate the estimate of return. In my opinion, as miners, we also need to pay more attention on a risk. Less risk, equal to more chance on our return. In this context, this risk can be anything. Devices life-time, disturbance (error on devices), Devices prices, Operational cost, etc. So, which machine that you think safer at this point?
Time of investment
Basically, Investment is long-term nature. That means you need the devices that have good life-time or you must be able to regenerate the machine that can only uses for a short time. It will depend on you.
But
Whatever it is, as my previous comment above, whichever devices that use, it will depend on "whose behind the machine"
Mining identified with investment, there should be a few main elements of investment
Reward of investment
On crypto mining, this point may relate to current income (mining result), which machines better related to this point? Ask your self, cause the answer would be different, depends on what type of people you are.
My personal answer should be "ASICs" but in fact, I didn't use ASICs, it because I like to explore and do an experiment, and for me GPU more explorable.
Return and risk of investment
Return and risk can't be separated. On crypto mining, a return was relative (related to the market condition that fluctuates), but yes we can calculate the estimate of return. In my opinion, as miners, we also need to pay more attention on a risk. Less risk, equal to more chance on our return. In this context, this risk can be anything. Devices life-time, disturbance (error on devices), Devices prices, Operational cost, etc. So, which machine that you think safer at this point?
Time of investment
Basically, Investment is long-term nature. That means you need the devices that have good life-time or you must be able to regenerate the machine that can only uses for a short time. It will depend on you.
But
Whatever it is, as my previous comment above, whichever devices that use, it will depend on "whose behind the machine"
If you are confused between ASICs mining and GPU?
GPU mining is safe for all miners, why? beacause if the mining no longer profitable in future you can sold it atleast 50% of the value. While The ASICs have zero value, But ASICs mining is for the risk takers and provide 3 times more profits than GPU mining, it produce more heat and noise so you need to separate room for this.
You are right, GPU mining is better than the ASICs mining but I am also suggested to GPU mining only because it is the updated technology and it is stable profit and long life. I am invested in GPU mining and 6 months warranty for graphic card and 2 years warranty in processor but important thing is resell value is depends on the mining profit so we should buy know it will also make profit in future because current scenario mining profit is little less and this profit is depends on the market price so Bitcoin is going to moon automatically we will earn more in mining. GPU mining is safe for all miners, why? beacause if the mining no longer profitable in future you can sold it atleast 50% of the value. While The ASICs have zero value, But ASICs mining is for the risk takers and provide 3 times more profits than GPU mining, it produce more heat and noise so you need to separate room for this.
well, there are a lot differen points view for this question, and i guess people will never be agree.. but for me, gpus are better, and the only reason it is because they are more flexible, also it is easier to sell them after the mining is over
GPU is more of secure investment than asic.
i have both and these days when crypto is down, GPU still making reasonable while i have to shutdown asic due to very low profitability.
That's one of the reasons why you should choose GPU/ASIC. I have a mining rig and ASIC but i have some strategy when buying ASIC at moment crypto price is on top then I "push" ASIC to get 3x profit from ROI and from that profit is used to buy part by part mining rig.i have both and these days when crypto is down, GPU still making reasonable while i have to shutdown asic due to very low profitability.
For now, I doubt to buy
I had both, and in my opinion Asics are almost set and forget, my s7's and s5's ran for months without any problem or intervention.
GPU rigs are fun to build but a pain to maintain ( until you fine tune them, that would take time).
GPU rigs are fun to build but a pain to maintain ( until you fine tune them, that would take time).
I like the statement above.
Personally, I'm GPU miner. I had leave ASICs a few years ago (my last ASIC is Antminer S2), that Isn't mean GPUs rig more profitable than ASICs. Both have N factor that we have zero control over it.
Let say:
Electricity cost,
Coin Prices,
Difficulty,
and some unpredictable thing.
(GPU / ASIC) optimization and profitability will depend on "whose that behind the machine." IMHO
A miners passion also affect to which machine that more suitable and explorable for us. Ask yourself, which type of miner you are? Then you can decide to choose which machine that you need.
We can compromise on another thing, such as:
Noise: many ways to reduce noise,
Heat: It was not a big deal, an even DIY cooling system can handle it. Be creative,
Limited Space: If we are creative enough, we can handle this.
and so on...!
GPU is more of secure investment than asic.
i have both and these days when crypto is down, GPU still making reasonable while i have to shutdown asic due to very low profitability.
i have both and these days when crypto is down, GPU still making reasonable while i have to shutdown asic due to very low profitability.
both have advantages/disadvantages of each, as long as can profitable why noy have both.every miner has perceptions, predictions, and calculations.
GPU for the home miner, Asics for professionals.
I had both, and in my opinion Asics are almost set and forget, my s7's and s5's ran for months without any problem or intervention.
GPU rigs are fun to build but a pain to maintain ( until you fine tune them, that would take time).
So, for more than 20 rigs i would choose Asics.
I had both, and in my opinion Asics are almost set and forget, my s7's and s5's ran for months without any problem or intervention.
GPU rigs are fun to build but a pain to maintain ( until you fine tune them, that would take time).
So, for more than 20 rigs i would choose Asics.
Positive aspects of ASiCs:
1. payback times faster
2. less power consumption
3. takes up less space
Negative sides of ASiCs:
1. noise
2. difficult to sell
3. no normal warranty
1. payback times faster
2. less power consumption
3. takes up less space
Negative sides of ASiCs:
1. noise
2. difficult to sell
3. no normal warranty
This is very subjective. It will depend on the actual model of the ASIC you have. While some ASICs are extremely profitable, there are also some ASICS that consume more power than they are worth. The same is true with with GPUs you just have to find what is most efficient.
On the negative side, it is also important to note that:
-ASICs can only mine a specific algorithm. Once a coin forks, that ASIC is useless.
bro
gpus is your way
gpus His voice is not annoying and can you use a lot off algorithm
GPUS Do not produce high heat like ASIC
gpus can sale it at any time not like ASIC difficult to sell
gpus is your way
gpus His voice is not annoying and can you use a lot off algorithm
GPUS Do not produce high heat like ASIC
gpus can sale it at any time not like ASIC difficult to sell
Jump to: