What kind of currency can I mine if my graphics card is not good

What kind of coin miners earn profits if graphics cards are not working?

What kind of coin miners earn profits if graphics cards are not working?

Today, we will talk about what kind of currency can be dug if a graphics card is not working

Take Bitcoin as an example: from 2013 to the end of 2015, the price of Ethereum was about US $1; In February 2016, ETH prices briefly rose to over 400 yuan

During this period, many video card manufacturers started a cool new project – “Nvidia RTX3080Ti” for profit Although this new product has not received high market attention, graphics cards can indeed help developers and players engage in digital currency trading, mining, and even convert their computing power into other tokens (such as Ethereum Classic or Tezos) through various tools With the mining boom gradually fading away, “high-end” graphics cards have become a choice for more and more investors. However, for those who do not have enough funds to invest in graphics cards, they can only keep these hard drives in their cold wallets and exchange their graphics cards for corresponding encrypted assets in return So graphics cards cannot be used for any mining anymore? Of course there is! But if you really want to buy a graphics card, you still need to choose to use an expensive and inexpensive graphics card Due to this advantage, graphics cards cannot directly enter the blockchain ecosystem and cannot easily receive more rewards as before. Therefore, it is difficult for graphics cards to achieve value transfer or become the next generation payment solution at all

In addition to the graphics card, some mainstream mining platforms have another major advantage: for example, Ethereum, which provides a new feasible solution, that is, users can use the original TokenETH (Ethereum) on the Ethereum chain to mine Simply put, you can create a chain in some way. If you wish to successfully transfer your currency to an address and participate in the pledge, you can obtain corresponding rights based on your contribution

Because of the infinite number and Scarcity of Ethernet coins, when people buy a pair of Ethernet machines, their performance will be improved, thus improving the mining efficiency However, graphics cards themselves are not the most preferred hardware, and most of the time require specialized GPU design, which leads to many people wanting to sell graphics cards. At present, some well-known mining platforms in the market include Bitmain, Canaan Creative, etc. Jianan Technology received nearly $50 million in investment in the first half of this year and is also considering launching a product called M30S. According to incomplete statistics, the company has sold over 20 million graphics cards The low cost and high handling fees of graphics cards have always troubled the mindset of ordinary people. Especially since the beginning of this year, more and more people are searching for better and safer alternatives

Can graphics cards be used for mining?

Editor’s note: This article is from the vernacular blockchain (ID: hellobtc), written by a poplar tree, and reprinted by the Daily Planet with authorization

At the Ethereum 2.0 developer conference held in Chengdu the other day, many people asked if the graphics card was not good enough to mine? The answer is definitely not! And this article will explain how to solve this problem from a certain perspective 1. The graphics card itself is the hard drive of a machine, and its performance and user experience are very poor If the graphics memory does not reach a high enough level to run, does it require a GPU upgrade? I don’t think so, because our graphics cards now have very good storage capacity 3. A popular term in the current market is “insufficient memory”, which means that the amount of data required for mining digital currencies is not large. But as more and more game manufacturers begin to invest in the encryption field, there has also been a significant decline in computing power. 2. The reason why graphics cards have been targeted by hackers is due to high demand, which has led to a continuous decline in graphics card prices

4. In order to reduce the cost of video cards, video card manufacturers will launch a series of targeted hardware products – Nvidia RTX3080Ti and RTX3070T and other high-end brands of the latest video cards, including NVIDIARTX30 series and RTX3060Pro series of video cards. The new flagship video cards of these brands can not only be used to do some High-performance computing, but also provide better heat dissipation for other types of video cards. 5. Bitmain, a video card chip supplier, said that it was looking for a technician to help them achieve this goal and would release related products in the near future.