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What is the Graphics Processing Unit (GPU)?


In Graphics Processing Unit (GPU) mining, GPU stands for Graphics Processing Unit. It is also known as video cards. It is not much powerful ASIC but GPU is more flexible in their application. The GPUs are often used in gaming computers for smooth flow of 3D animation and video. GPU can mine much faster than CPU. In order to mine Bitcoin, you must have at least one GPU installed on your computer.

GPUs can be used as long as you have the drivers for your video card installed and AMD GPUs as they offer the best hashing performance for the money when we talk about hashing power, the cost of the GPU and electricity is lesser.

What are Advantages & Disadvantages of Application Specific Integrated Circuits (ASIC)?


Hi, and Good Morning everyone, today I want to share with you guys about What are the Advantages & Disadvantages of Application Specific Integrated Circuits (ASIC)?

Advantages of Application Specific Integrated Circuits (ASIC)

  •  Low power use.
  •  A very high hash rate for a specific coin.
  • Physical size (much smaller and lighter for similar performance).
  • High – profit margin.


Disadvantages of Application Specific Integrated Circuits (ASIC)

  • The cost can be very high.
  • Application-specific, for example, Litecoin ASIC can only mine Litecoin.
  •  Low resale value.
  • Short lifespan.
  •  Non-upgradeable.

What makes an Application-Specific Integrated Circuits (ASIC) miner better?


ASIC miners are different from a graphics card or CPU mining system in that those more general pieces of hardware are designed to do more than one thing. They also just happen to do it better than anything with a more general-purpose focus.

When it comes to mining cryptocurrencies, all which really matters is that the cryptocurrency you mine is worth more than what you spend on hardware and electricity.

This combination of performance and low-power usage makes them much more economical to run than more general-purpose hardware.

Who owns Ripple and XRP?


Hi, and Good Morning everyone, today I want to continue sharing with you guys about Who owns Ripple and XRP?

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Who controls Ripple and XRP?


Hi, and Good Morning everyone, today I want to continue sharing with you guys about Who controls Ripple and XRP?