In GPU mining, GPU stands for Graphics Processing Unit. This is also known as a video card. This is not a strong ASIC but the GPU is more flexible in their applications. GPU is often used in gaming computers to smooth animation and 3D videos. GPUs can mine faster than CPUs. To mine Bitcoin, you must have at least one GPU installed on your computer.
Nvidia and AMD are designed for better graphics.
Nvidia GPUs can be used as long as you have drivers for your video card installed and AMD GPUs because they offer the best hashing performance for money when we talk about hashing power, GPU costs, and lower electricity. GPUs have the ability to mine different coins such as Ethereum, Bitcoin Gold, Electroneum, and many others.
Many fans of bitcoin and hardcore crypto or bitcoin and cryptocurrency miners. The mining process is carried out using certain software that solves complex mathematical equations, resulting in the creation of bitcoin. Bitcoin is a limited currency and is believed to be limited to 21 million bitcoins, only half of which have been released and circulated. The more bitcoins enter the circulation, the more difficult it is to mine for them. Unfortunately, progress has also been made in mining techniques.
Profitability of GPU mining
To see profit from GPU. Check the speed of network mining, write and execute “getmininginfo” command in the console of bitcoin wallet. The calculations will have done with an ASIC that can hash at 1 GH/s = 0.1 TH/s. Now, let’s see one example of it.
If the Bitcoin network hashes at 400,000 TH/s.
0.1 / 400 000 = 0.00000025 of the total mining power.
On an average, a Bitcoin block is discovered every ten minutes, so six every hour and 144 for a 24-hour time span the present reward per square is 25 BTC in this way, in entire one day we have 144*25 = 3600 BTC mined
0 comments
Post a Comment