Cryptocurrency to this day remains an attractive and promising area for making money. People try to study as much information as possible and buy powerful mining equipment. The positive increase in the number of miners today makes their choice very relevant.
What is an asic miner
Asic miner – equipment with which users mine cryptocurrency. It is more powerful than a video card or processor, so the owner can get more crypto. It is a metal block with two fans for cooling. It has an input for the internet and wires for connection.
Asics were developed to speed up graphical applications on personal computers. Later they were used in electronic equipment for acceleration and optimization. That is, asics appeared much earlier than cryptocurrency, and now they have found a new application.
The device is essentially a computer, only single-tasking. Due to the fact that the miner does not perform any other tasks, all the power is concentrated on the effective bitcoin mining in Dubai. This is what allows it to be the best tool in this area among other devices.
The principle of operation is that an asic is a decryptor of blockchains and at the same time a creator of new blocks. Its main difference from conventional devices is that it calculates using special chips, with much more power. Thus, a larger number of coins are obtained.
An important fact when evaluating an asic is that different types of cryptocurrencies have their own algorithm. They may or may not coincide. This is why an asic must fit the algorithm of the crypto that the owner is going to mine.
Whenever an asic comes on the market with a working algorithm for a coin, they try to change it immediately. In this way, the coins are protected from mining, and they are called asic-resistant. But at the same time, they can be mined on GPUs. If the algorithm stops working, the asic will not perform other functions, and there is no way to rebuild it to another process.
What to focus on when choosing an asic
Before buying an asic miner, you need to pay attention to the following properties:
- hash rate;
- how noisy it is;
- how much electricity it uses;
- how much electricity it uses; what its energy efficiency is;
- cryptocurrencies it will be able to accept.
An asic is quite noisy and emits quite a lot of heat, so you should think about where exactly it will be located when working, as well as its noise level and power consumption. First of all, you need to determine how much you need to spend on the purchase and calculate the future costs, and only then proceed to the next steps of choosing an asic.
After getting acquainted with various models it is necessary to calculate its payback. Power is an important factor here.
The main task of the device is mining cryptocurrency coins. The main parameter, which is responsible for the number of coins mined for a certain period is the hash rate. Here everything is simple: the higher the hash rate is, the faster the asic will make profit. Knowing the hashrate value and power consumption parameters, you can calculate the payback period. Hash rate data can range from 3.65 to 116 Tx/s.
The microprocessor directly affects the hash rate. The microprocessor is the frequency of operations performed by the device per second. When selecting a miner model, you need to look carefully at the frequency data. The higher the frequency, the better, on average it can reach 600-660 MHz.
The power consumption of different models of asics can range from 1100 to 16,500 watts per hour. If you have to choose the highest frequency, when calculating power consumption, you should pay attention to the lower values. The lower the parameter, the less power the device will consume.
Since an asic produces a lot of heat during operation, heating the air around it, it is necessary to choose equipment with a good cooling system. This will simplify its use in a small room.
In most cases, the price of a miner is influenced by its performance. It is important to check the correspondence of price and capacity, to compare prices for models of the same capacity, to avoid the markup of the cost by unscrupulous suppliers. The cheaper the model, the longer its payback period (can fail).
Advantages of asic mainers
When comparing miners to video cards, it is noted that the efficiency of asics is much higher, as they perform only one function. They are easy to set up for work, they do not require special skills or knowledge. It is necessary to connect the device to the source, which will power it, and to the Internet.
Next, you need to access the router, determine the IP address of the miner and enter into a personal cabinet, where you need to create a wallet (there may be two types: online and USB), register in the pool (miners association) and configure the miner itself. To configure, the user must have a link to the pool, a name and a password. They need to be entered on the panel and saved. Thus, he connects to the pool.
The advantage of the miner is also considered to be its return on investment, higher than that of a video card farm, and the small space it takes up. The main thing is that it should have good ventilation and not accumulate moisture.
Since the device consists of a small number of parts, many people start assembling it on their own. It is highly discouraged to do this without a minimum of knowledge and experience in working with machinery, because the parts are not cheap.
The disadvantages are noise, heat dissipation, and high power consumption. In addition, when you change the algorithm of crypto mining, the equipment is no longer useful for anything.
