Graphics cards and cryptocurrency mining



19 października 2021
Graphics cards and cryptocurrency mining

Graphics cards and cryptocurrency mining

What is a graphics card for?

The graphics card is one of the computer components responsible for generating images. It also affects the performance of the device. The standard of the graphics card is primarily of interest to fans of computer games, as the quality of displaying modern animations depends on it.

The type of graphics card is also very important when editing photos, converting video files and mining cryptocurrencies. Integrated and dedicated graphics cards are available for sale. The first of these are part of the computer's motherboard. The second one must be purchased separately and installed using a PCI-E connector. Dedicated cards are characterized by much higher efficiency and quality than the integrated models.

Graphics card after cryptocurrency mining

Are you wondering why it is so hard to find a graphics card in the store recently, and when it is available, you have to pay a lot for it? Well, integrated circuits are perfect for cryptocurrency miners. First of all, they are more efficient than processors, because even several hundred to several thousand execution units are integrated in a single GPU core, and additionally they can be compiled together many times. The same cannot be done with processors, so mining on them is unprofitable.

Graphics systems in excavators deal with cryptography, i.e. complex mathematical calculations. The more cards, the more computing power and the chance to complete your calculations faster.

Remember that the graphics card lasts as long as its weakest link. While digging, it is heavily loaded, and the power consumption is much higher than when playing. So, if you want your card to serve as long as possible, choose a model adapted to cryptocurrency mining. Below you will find information on how to choose the right graphics card. We invite!

Graphics cards for mining cryptocurrencies

Graphics cards are complex systems, so buying them is not the easiest thing to do. Before ordering a specific model, check its compatibility with the processor and motherboard. If the card does not interact with these elements, you will not use its full potential. When choosing a graphics card for mining cryptocurrencies, you should pay attention to:

  • RAM memory size,
  • type of RAM - modern high-end cards are equipped with memory in the GDDR5 or GDDR6 version,
  • maximum supported resolution,
  • maximum power consumption,
  • type of connector,
  • dimensions,
  • power supply power,
  • producer's,
  • type of cooling.

Currently, the most popular among cryptocurrency miners are NVIDA, ASROCK and SAPPHIRE graphics cards. Many people also use ASUS brand cards. Among the best equipment you can find, among others Tuf Gaming Radeon RX 6800 XT OC 16GB, Rog Strix LC Rodeon RX 6900XT 16GB and GeForce RTX 3090 24GB models.

How can I check if my graphics card is working?

Have you noticed the symptoms of graphics card damage? Would you like to check her condition? First, check it for technical reasons. Take a look at all the elements. Check that they are not broken or bent. If you do not see any malfunctions, continue with observing the cooling fans.

The graphics card can also be checked in the system. Just right-click on the "My Computer" icon and then select "Properties". In the next step, click "Device Manager" to see all your graphics cards. If you don't see a yellow question mark next to a card's name, then it is working properly and properly installed.

How does a cryptocurrency miner work?

The excavator can be a computer or the graphics card itself. Usually these are ASICs or graphics cards. However, it should be remembered that they must be properly adapted, especially in terms of power. Excavator performance is measured in hashes per second.

The cryptocurrency mining process is about approving new blocks and connecting them to an existing chain, called a blockchain. New transactions are recorded in all blocks and coins are issued. In order to mine a new block, a cryptographic problem has to be solved. To do this, you need to find a string, i.e. a hash. The most popular mining methods are Proof of Work and Proof of Stake. The first way is to solve difficult math problems with devices called excavators. In Proof of Stake, however, it is the algorithm that decides which miner gets the commission. The decision of the algorithm depends, among others, on on the amount of coins you have. So, the more virtual coins in your wallet, the greater the chance that you will make a profit by mining. It is worth knowing that the Proof of Stake method does not require the purchase of appropriate equipment. Based on it, there is no need to invest in advanced graphics cards.

How to build a cryptocurrency miner?

Building a cryptocurrency excavator is not difficult. If you have ever assembled a PC, you will certainly be able to construct an excavator. If you plan to undertake construction, you need to stock up on:

  • motherboard,
  • CPU - a digital device that retrieves data from operating memory, interprets and executes as orders,
  • power supply - it's best to choose a product with a power of at least 1200 W to cope with the energy needs of graphics cards. Power adapters with 8- and 6-pin plugs are especially recommended.
  • SSD - the model with 128 GB of memory is perfect,
  • frame - cryptocurrency miners especially appreciate the Mining Rig product,
  • graphics cards - the main components of the excavator,
  • risers - allowing multiple graphics cards to be mounted side by side. Risers are simply adapters with a four-wire or six-pin connection.

Attention! The above article neither in whole nor in part constitutes a "recommendation" within the meaning of the provisions of the Act of July 29, 2005 on trading in financial instruments or the Regulation of the European Parliament and of the Council (EU) No. 596/2014 of April 16, 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6 / EC of the European Parliament and of the Council and Commission Directives 2003/124 / EC, 2003/125 / EC and 2004/72 / EC and Commission Delegated Regulations (EU) 2017/565 of 25 April 2016 supplementing Directive 2014/65 / EU of the European Parliament and of the Council as regards organizational requirements and operating conditions for investment firms and defined terms for the purposes of this directive. The content contained on the website does not meet the requirements for recommendations within the meaning of the above-mentioned act, incl. do not contain a specific valuation of any financial instrument, do not rely on any valuation method, and do not identify investment risk.

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