Even more, the faster your hardware, the more you earn. Each cryptocurrency has its own cryptographic hash algorithm, and ASIC miners are designed to mine using that specific algorithm. In the case of Litecoin, it uses Scrypt. When it comes to mining cryptocurrencies, what really matters is that the cryptocurrency you mine is worth more than what you spend on hardware and electricity. Those margins can be closer than you might think because mining cryptocurrency can be expensive.
Hardware can be costly to buy upfront, and some of it can cost thousands of dollars a year in electricity to run. When choosing mining hardware, having more efficient systems is incredibly important. They differ from a graphics card or CPU mining system, which relies on components designed to perform more than just one task.
Instead, ASIC miners are designed from the ground up to perform the calculations required by a specific cryptographic hash algorithm used by an individual or handful of cryptocurrencies. This combination of performance and low-power usage makes them much more economical to run than more general-purpose hardware.
The S19 Pro can deliver trillion hashes per second at a power consumption of 3,W. It still delivers a commendable 95 trillion hashes per second, but at a much lower cost. Each of the GTX cards pulls in over watts of energy, so your monthly electricity bill will be higher. With all this in mind, you would spend less and gain better performance with a setup like ASIC miners.
One other oft-mentioned number statistic for an ASIC chip is the number of cores or hashing engines that are on the chip. While this number is directly related to performance, it is not necessarily a comparitive relation. This is because the reference to cores sometimes mean different things, and certain designs result in less straightforward calculation  Nevertheless, when a designer makes claims regarding hash rates at certain clock frequencies, one can determine if A.
Jump to: navigation , search. CoinTerra Goldstrike timeline. We examined the Bitcoin hardware movement, which led to the development of customized silicon ASICs without the support of any major company. The users self-organized and self-financed the hardware and software development, bore the risks and fiduciary issues, evaluated business plans, and braved the task of developing expensive chips on extremely low budgets.
Bitcoin ASIC efficiency vs hash rate. Category : Hardware. Navigation menu Personal tools Create account Log in. Namespaces Page Discussion. Views Read View source View history. Sister projects Essays Source. This page was last edited on 24 April , at Content is available under Creative Commons Attribution 3.