Topic: Mining for Newbies. don't start using GPU. Is year of ASIC (Read 477 times)
Shhhh.... I want to sell off my cards before they realize that....
Dear newbies to bitcoin.
You may have researched mining. Sadly gpu mining is becoming incredibly unprofitable.
Electricity costs are on the rise and the power a gpu uses is too high. In order to be profitable with Gpu, you must have a rig over 2 gigahash. But.... The ASIC butterfly lab jalapeño is about to come out.
Asics require low energy and produce high gigahash. The first product which is 4.5 gigahash uses 4.5 watts.
That under £10 a year!
I just thought I'd share that gpu isn't the new way forward.
Regards
Ye strideynet
You may have researched mining. Sadly gpu mining is becoming incredibly unprofitable.
Electricity costs are on the rise and the power a gpu uses is too high. In order to be profitable with Gpu, you must have a rig over 2 gigahash. But.... The ASIC butterfly lab jalapeño is about to come out.
Asics require low energy and produce high gigahash. The first product which is 4.5 gigahash uses 4.5 watts.
That under £10 a year!
I just thought I'd share that gpu isn't the new way forward.
Regards
Ye strideynet
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