What is better ASIC or GPU miner ?

Lucky75

Limp Gawd
Joined
Jul 22, 2020
Messages
135
Hello guys,
what is better today to do a crypto mining ?
I am looking for ASIC 44 TH/s vs 4 or 6 GPUS in one device to about 2000W consuption.
 

oblox

Gawd
Joined
Nov 27, 2013
Messages
1,022
GPUs are more versitile and have better resale value; ASICs are specialized and have better efficiency although there is always another generation coming out. All depends on what you are planning on mining. Don't try GPU mining a coin that has ASICs though...
 

Lucky75

Limp Gawd
Joined
Jul 22, 2020
Messages
135
Actually I just want to invest in my old PC hardware to profit a little for new one. But question is ... it is possible today to have a profit from GPU mining ?
 

Archaea

[H]F Junkie
Joined
Oct 19, 2004
Messages
10,902
Actually I just want to invest in my old PC hardware to profit a little for new one. But question is ... it is possible today to have a profit from GPU mining ?
Actually. In the last couple weeks profits have temporarily gone up. I don’t expect them to stay up, so don’t buy GPU hardware on that temporary boost, but if you have hardware, or can get it cheap used, it’s worth turning it on again right now.

Google nicehash profitability calculator for an idea on profits. Remember 3 weeks ago it was not really profitable to mine. Electricity cost as much or more than you could make mining. This is little bump in profits making it profitable again is likely temporary. It’s mostly based on a prospective jump in ETH prices based on DeFi which is explained here:

https://twitter.com/brucefenton/status/1293959332510470145?s=21
 

Col_Temp

Weaksauce
Joined
Jun 1, 2020
Messages
101
Actually. In the last couple weeks profits have temporarily gone up. I don’t expect them to stay up, so don’t buy GPU hardware on that temporary boost, but if you have hardware, or can get it cheap used, it’s worth turning it on again right now.

Google nicehash profitability calculator for an idea on profits. Remember 3 weeks ago it was not really profitable to mine. Electricity cost as much or more than you could make mining. This is little bump in profits making it profitable again is likely temporary. It’s mostly based on a prospective jump in ETH prices based on DeFi which is explained here:

https://twitter.com/brucefenton/status/1293959332510470145?s=21
Thanks for posting. You have a link to the nicehash calc?
 
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