Bitcoin Miner - Mining Hardware | Forbes

Bitcoin Miner - Mining Hardware | Forbes
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Mining hardware:

All of this is to say that, in order to mine competitively, miners must now invest in powerful computer equipment like a graphics processing unit (GPU) or, more realistically, an application-specific integrated circuit (ASIC). These can run from $500 into the tens of thousands of dollars. Some miners—particularly Ethereum miners—buy individual graphics cards as a low-cost way to cobble together mining operations.

Today in 2022, Bitcoin mining hardware is almost entirely made up of ASIC machines, which in this case, specifically do one thing and one thing only: Mine for bitcoins. Today's ASICs are many orders of magnitude more powerful than CPUs or GPUs and gain both more hashing power and energy efficiency every few months as new chips are developed and deployed. Today's miners can produce almost 200 TH/s at only 27.5 joules per terahash.


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