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ASIC vs GPU Mining in 2020: What’s Better? | by Luke Kemeny

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Since they are optimized for a specific cryptocurrency, ASICs are designed to exclusively mine with utmost efficiency, hence making more profits. ASIC mining dominates every currency it comes across, rendering GPU mining profitability almost null. GPU mining is also relatively cheaper compared to ASIC mining btc asic vs gpu mining.Ok, you understood what is GPU mining and its pros and cons now look at ASIC mining. What Is ASIC Mining? ASIC’s full abbreviation is Application Specific Integrated Circuit. ASICs are not mounted to anything; they’re microchip machines built for the sole purpose of mining a certain Cryptocurrency only. For example, a Bitcoin ASIC is only designed to solve the complex algorithm in Bitcoin.However, GPU’s also can be used for other processes like video editing, AI etc., so miners also started to use them for mining. The trend of GPU mining started when Bitcoin price spiked during 2013, and till now GPU mining keeps its popularity. To get a better understanding of GPU mining, just look at some of the Pros and Cons. Pros of GPU. Btc asic vs gpu mining.

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Btc asic vs gpu mining.