Mining with GPU
GPU mining is a fundamental process used to mine cryptocurrencies such as Ethereum Classic, Ravencoin, and others that are resistant to ASIC mining. Graphics Processing Units (GPUs) offer versatility and power for hashing functions, making them a popular choice for home-based and small-scale miners. Choosing the right GPU, understanding electricity costs, and calculating hash rates are essential parts of making GPU mining profitable.
Frequently Asked Questions
What is GPU mining and how does it work?
GPU mining is the process of solving complex mathematical problems using graphics cards to validate cryptocurrency transactions and add them to the blockchain. Miners are rewarded with coins or transaction fees. Unlike CPU mining, GPUs offer higher hash power and energy efficiency, making them suitable for coins like Ethereum Classic, Ergo, and Flux. Each GPU solves small portions of cryptographic puzzles; the more powerful your GPU and the more units you use, the higher your chance of earning mining rewards.