Post
Topic
Board Altcoin Discussion
Re: It's about the #HASH# stupid!
by
Duncan.Idaho
on 30/01/2020, 10:23:11 UTC
Code:
GPU mining of cryptocurrencies remains popular, particularly among small-scale or at-home miners, but when it comes to large-scale operations, miners tend to favor purpose-built ASIC mining chips.
https://blokt.com/news/there-are-some-big-misconceptions-about-gpu-crypto-mining-says-leading-market-player
By
Marco Streng -
August 22, 2019 of GENESIS MINE  Genesis Group and Genesis Mining

Misconception 1 – “GPU mining is more decentralized than ASIC mining.”

Mining operations that live inside of big data centers are always going to win against home-based operations, whether they’re running ASIC or GPU setups. As the crypto ecosystem matured, these facilities have become its fundamental centers of gravity.

the entire GPU market is controlled by just two companies: AMD and Nvidia. This pair holds a distinct duopoly over this category of computer chip, and are theoretically capable of exerting whatever influence on the market they wanted to.

all pow overlords yield $24M/day
Code:
ADM Nvidia
ANT Whats innosilic bitFURY strongU spondoo