In 2024, different hardware is used for cryptocurrency mining. More often, however, participants of digital networks use GPUs and ASICs. But before operating such computer equipment, you need to know what is better: asic or video cards for mining in 2024. This requires analyzing the equipment.
The concept of mining on an asic or video card
Graphics processing units (GPUs, or GPU) began to be used for cryptocurrency mining at the end of 2010. For the first time, video cards were applied for Bitcoin mining. But in 2024 it is no longer profitable to mine Bitcoin using GPUs. Therefore, GPUs are used for mining other cryptocurrencies – ETH and others. Video cards are universal. They can mine many digital coins.
ASIC – single-task supercomputers. This equipment began to be used in mining in 2012. Then computer hardware manufacturers released the first ASICs for mining digital assets.
Any asic is very powerful. However, ASIC equipment performs only 1 set task. For example, a manufacturer may make a Bitcoin ASIC. This equipment will be programmed to calculate cryptographic functions only using the SHA-256 algorithm. Such a supercomputer will be able to mine only 3 coins:
Feature Comparison
Comparison of the parameters of the top video card and the best etherium-asic for May 27, 2022 is recorded in the table below (using the Ethereum network as an example).
Characterization | GPU | Supercomputer | Feature difference |
---|---|---|---|
ΠΠΎΠ΄Π΅Π»Ρ | |||
Price from official sellers as of May 27, 2022 | |||
Maximum hash rate without overclocking, MH/s | |||
Average power consumption, W | |||
Profit for 1 month (price of 1 kW is β½4, or $0.06) | |||
Payback period in months |
But there are 4 other factors to consider when comparing ASICs and graphics cards for mining in 2024:
5020 $
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ΠΠ°ΠΉΠ±ΡΠ»ΡΡΠ° ΠΊΡΠΈΠΏΡΠΎΠ±ΡΡΠΆΠ°, Π΄Π΅ ΠΌΠΎΠΆΠ½Π° ΡΠ²ΠΈΠ΄ΠΊΠΎ ΡΠ° Π±Π΅Π·ΠΏΠ΅ΡΠ½ΠΎ ΡΠΎΠ·ΠΏΠΎΡΠ°ΡΠΈ ΡΠ²ΠΎΡ ΠΏΠΎΠ΄ΠΎΡΠΎΠΆ Ρ ΡΠ²ΡΡΡ ΠΊΡΠΈΠΏΡΠΎΠ²Π°Π»ΡΡ. ΠΠ»Π°ΡΡΠΎΡΠΌΠ° ΠΏΡΠΎΠΏΠΎΠ½ΡΡ ΡΠΎΡΠ½Ρ ΠΏΠΎΠΏΡΠ»ΡΡΠ½ΠΈΡ Π°ΠΊΡΠΈΠ²ΡΠ², Π½ΠΈΠ·ΡΠΊΡ ΠΊΠΎΠΌΡΡΡΡ ΡΠ° ΠΏΠ΅ΡΠ΅Π΄ΠΎΠ²Ρ ΡΠ½ΡΡΡΡΠΌΠ΅Π½ΡΠΈ Π΄Π»Ρ ΡΠΎΡΠ³ΡΠ²Π»Ρ ΡΠ° ΡΠ½Π²Π΅ΡΡΡΠ²Π°Π½Π½Ρ. ΠΡΠΎΡΡΠ° ΡΠ΅ΡΡΡΡΠ°ΡΡΡ, Π²ΠΈΡΠΎΠΊΠ° ΡΠ²ΠΈΠ΄ΠΊΡΡΡΡ ΡΡΠ°Π½Π·Π°ΠΊΡΡΠΉ ΡΠ° Π½Π°Π΄ΡΠΉΠ½ΠΈΠΉ Π·Π°Ρ ΠΈΡΡ ΠΊΠΎΡΡΡΠ² ΡΠΎΠ±Π»ΡΡΡ Binance ΡΡΠ΄ΠΎΠ²ΠΈΠΌ Π²ΠΈΠ±ΠΎΡΠΎΠΌ Π΄Π»Ρ ΡΡΠ΅ΠΉΠ΄Π΅ΡΡΠ² Π±ΡΠ΄Ρ-ΡΠΊΠΎΠ³ΠΎ ΡΡΠ²Π½Ρ!
- The timeframe for return on investment and reaching net profit.
- Availability of mining equipment on the market.
- Practicality of computer hardware.
- Prospectivity of extracted cryptocurrencies.
Payback period
Asics are more profitable than GPUs. They pay off faster due to the rapid development of supercomputers. Sometimes the power of new generation models exceeds the hash rate of old ones by 200%.
Weak ASIC equipment quickly becomes irrelevant and almost useless.
Graphics processors of new generations usually add only 10-30% of hashrate. This can be explained by a number of technical complexities and consumer requirements:
- Manufacturers not only have to increase the number of electronic components, but also reduce their size. Otherwise, video cards will become very large after a while.
- Manufacturers need to improve the energy efficiency of chips. Otherwise, electronics will start to generate a lot of heat, which will require the installation of expensive cooling systems.
- Engineers need to create new technologies. Their development often takes several years.
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