Can you mine bitcoin with a GPU?

While you can technically still mine Bitcoin with GPUs, application-specific integrated circuits (ASIC) and field programmable gate arrays (FPGA) can be purpose-built for calculating specific hash algorithms and are far more efficient and capable than GPUs at Bitcoin mining.

What is GPU based cryptocurrency mining?

Cryptocurrency mining was originally performed using CPUs, or Central Processing Units. However, its limited processing speed and high power consumption led to limited output, rendering the CPU-based mining process inefficient. Enter GPU-based mining, which offered multiple benefits over the use of CPUs.

Is GPU mining profitable?

At the beginning of January, I reported on the surprisingly profitable state of GPU mining. No, not dedicated cryptocurrency mining farms that require massive investment. Just the PC you already use, and the AMD or Nvidia gaming graphics card inside of it. If you didn’t jump on the money train then, prepare to have your FOMO triggered.

How do I choose the best mining GPU?

Just like picking out any other gear, finding the best mining GPU can be tough, especially since the requirements for cryptocurrency are a little different than something like gaming. The ideal graphics cards need power and adequate memory to keep up with the demands of mining.