What are the benefits of mining graphics memory (is it better to have a larger mining graphics card memory)

What are the benefits of mining large memory? What are the benefits of mining large storage? 1、 What is video memory mining? In traditional IT, the low performance of computers, the waste of CPU resources, and the high and low memory usage rate have led to difficulties in video memory mining. But with the development of technology, mining has developed to a certain extent and is also receiving increasing attention from people. Therefore, mining is now a method of mining in the form of visible storage. The main feature of Cryptocurrency such as Bitcoin is limited storage space, so in order to make them more scalable, many blockchains solve this problem by providing a distributed data structure For most people, this means that we can obtain larger amounts of information and increase the amount of information through computation, thereby reducing the demand for data on the network; However, for some smaller networks, these features can bring new opportunities to the entire mining industry. 2、 How to ensure mining profits? According to the statistics of bitinfocharts, from January 2017 to December 2017, the total market value of Ethereum reached a historical high of 6.44%. In early 2013, a block was generated at a price of only around $0.004 (then worth about $1 billion), and currently this number is still at a historical high. Thirdly, during the peak of the 2018 bull market, due to the drop in ETH prices, miners had to sell their mining profits to other users. However, despite this, mining has not experienced a significant increase like last year: since the end of 2020, the price of Bitcoin has skyrocketed to over $80000. At the end of 2018, the mining industry experienced a surge, reaching $38800 as of the time of publication, an increase of 20% compared to before. (Note: On April 28, Coinmarketcap showed that the trading volume of Ether broke through 2 trillion dollars.). UniSwap was launched for the first time since 2012 and gained a large number of users’ favor in mid September of the same year. At the end of December 2020, UniV2 launched products based on Ethereum and established a strategic partnership with UniSwap. On July 27, 2019, “DeFi News aggregator” announced the completion of seed round financing of 5 million dollars; The “Multicoin Capital” led by A16Z was co founded by Sequoia Capital, Pantera Capital and a16z. The investors include Coinbase Ventures, FoundersFund and Polychain Capital

Is the larger the graphics memory of mining graphics cards better

Editor’s note: This article is from BlockBeats (ID: blockbeats), reprinted by the Daily Planet with authorization Recently, a user asked me how to calculate the size of a graphics card? My answer is: if the graphics memory is larger, it means its usage cost will be much higher; And what if we put these data in one article In fact, in August of last year, Bitcoin’s overall network computing power had reached a historic high of 13GHz/s, which made many people think this number should be even higher! At that time, some netizens also raised the question – “Is it better to have a smaller graphics memory for mining graphics cards?” However, many people still didn’t understand why they had to set such a high threshold for graphics memory. In fact, to a certain extent, graphics card plugins need to increase their memory limitations to ensure their normal functioning. Because some players think that video cards are more suitable than other video cards for mining Cryptocurrency, they decided to lower the upper limit of video card memory. Now you can reach several gigabytes, hundreds of thousands of times, or 100 billion units of graphics memory. However, for most ordinary investors, this requirement does not apply: “If you can achieve lower graphics memory, you can consider reducing the cost of using graphics cards and try to choose smaller models and brands

Although the current Ethereum 2.0 is still in the testing stage, the performance of the Ethereum blockchain is still very slow, resulting in many people’s choice of graphics cards may not be flexible enough. However, with the continuous upgrading of network congestion and the emergence of the new currency listing, people began to realize the problem of insufficient scalability of Ethereum and hoped to launch their own solutions as soon as possible Today, the author’s answer may be to advise investment friends not to purchase or sell your graphics cards for the time being. (Image from bitcoinist.com)