What is better for mining – asic or video cards

Availability of equipment on the market

It is about the ease of buying computer equipment. It is easier for users from Russia to buy a GPU than an asic. GPU can be ordered in almost any electronics store and received within 7-10 days. At the same time, delivery is often free. As a result, assembling farms from graphics cards is relatively easy.

There are also many official representatives of computer hardware brands in Russia. They give customers a warranty of up to 3 years for purchased graphics processors. At the same time, users can apply to many repair shops for quick repair of broken GPUs.

It is difficult to buy ASIC equipment in Russia. This is due to the lack of official dealers in the Russian Federation. For this reason, users need to buy equipment for cryptocurrency mining in the United States or China. This approach requires payment of customs duties. In this case, the delivery is greatly stretched and takes up to 3 months.

Buying ASIC equipment from foreign dealers causes problems with warranties. For asics it is not more than 1 year, more often – 6 months. At the same time, the countdown of warranty periods starts from the moment of parcel shipment. For this reason, the time of delivery as if “burns” the period of free service of the equipment.

You can buy mining asics from unofficial sellers in Russia. But such retailers almost never provide a warranty on the equipment. At the same time, because of the shortage of supercomputers in Russia, sellers deliberately increase the price of mining asics by 50% or more of the recommended price.

There is a shortage of components for asics in Russia. Although it is very difficult to fix an ASIC-miner yourself, you have to order components from China and the USA. This promises long delivery and customs clearance.

Practicality

Before you decide whether it is better to mine with asics or video cards, you need to consider the pragmatics of buying computer equipment. Technically, GPUs are more practical. They are versatile and can work with almost any algorithm. At the same time, GPUs are low noise and suitable for installation at home. Usually GPU farms are located in separate rooms. This approach reduces discomfort from the work of mining-rigs.

However, assembling farms for cryptocurrency mining from GPUs is difficult. It requires a lot of knowledge about computer components. Usually, a miningrig consists of the following components:

• A case or frame.
• A motherboard.
• Several GPUs.
• A power supply unit.
• A processor (CPU)
• RAM.
• HDD or SSD.

Each of the components has a dozen basic characteristics. They need to be taken into account when choosing computer components for a mining ring. This complicates the assembly of the farm.

Asic miners, on the other hand, are non-universal. They work only with established algorithms. In this case, mining not every cryptocurrency is not profitable. Also ASIC-equipment is very noisy. Because of this, a mining installation at home will interfere with the user and neighbors. To accommodate asic devices, you need a separate room – a warehouse or garage. This causes costs and complications.

But ASIC mining farms are simple. Such equipment only needs to be connected to the power grid and the Internet. Then you can connect the farm to the digital chain of interest through a mining pool or third-party software (software). This does not require any specialized knowledge.

Perspectives on cryptocurrencies

Before buying mining equipment, you need to analyze the prices on the secondary market. This is necessary in case the user completes the mining of cryptocurrencies. Then the technique will need to be sold.

Popular models of video cards retain prices on the secondary market for a long time. Unnecessary GPUs can be sold profitably to other miners or fans of video games. Asics, on the other hand, get cheaper quickly. In 2 years ASIC miners can lose up to 70% of their price. This is due to the strong superiority of new generations.

Even before buying mining equipment you need to determine the coin for cryptocurrency mining. And already under the digital asset is required to choose computer equipment. This is due to the high volatility of cryptocurrencies. In the future, the coin selected for mining can become cheaper or more expensive. This will affect the final income over a long period of time.

It is also worth considering the relatively low price. Buying GP is almost risk-free. In case of force majeure (banning cryptocurrencies or making mining unprofitable) GPU can be quickly and profitably sold. Buying asics is more risky. For example, in the case of a collapse of the cryptocurrency market ASIC-equipment will be difficult to sell.

Pros and cons of mining methods

The advantages and disadvantages of ASIC-equipment are shown in the table.

The pros and cons of GP mining farms are as follows.

What is better to choose – ASIC or video card

Selecting equipment for mining cryptocurrencies takes time. At the same time, you need to know what is better – ASIC or GPU. The choice of mining equipment is influenced by:

• Current goal
• The size of the investment.
• The user’s capabilities.

Beginners with a small capital are better to collect mining farms from GPUs. GPUs are versatile. At the same time, they have a low price.

Miners with large amounts of funds are better to pay attention to supercomputers. ASIC equipment is much more efficient than GPUs. Asics bring a lot of profit. But supercomputers need to be installed in a warehouse or garage.

Frequently Asked Questions