Nvidia 2080 will not kill the GPU market, that's why

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When you go out with my cryptocurrency you are presented with two choices: Buy a GPU (graphics processing unit) or buy an ASIC (application-circuit specific integrated).

I think an ASIC is a terrible computer device, period, although it could be great for mining coins, at some point it has a number of disadvantages that make it probably the craziest piece of technology ever created outside the military.

Here is a list of negatives:

  • Throws away more heat than a fan heater.
  • Ingurgitates insane amounts of energy, which can make the device unprofitable quickly
  • incredibly large amount of noise, to such an extent can damage your hearing. It is not a euphemism to say that even a single ASIC makes it seem like you have a small jet plane in the room.
  • It can only do one job- specific age with a specific algo.
  • It costs a lot but loses its value in w eeks.
  • It is supplied only when it is worth less than the production to be used compared to that for which it can be sold, which is often higher than its potential earning potential.
  • You can wake up tomorrow and it's worth nothing.

… C & # 39; it is more but you get the point.

On the other hand, a GPU is hot but not a hot furnace, it eats about 25% of the energy of an ASIC, it's noisy but it will not make you gain a restraining order from neighbors and it retains value because the players love them.

The current flagship GPU for commercial extraction is the 1080 Ti. And it's the best bang for buck you can get with my cryptos altcoin. There are more powerful ones like Titan V, but with 30% -50% more power they spend anywhere between 3-5 times the money.

The calculation is the amount of coins that you can extract at the cost of repaying the capital spent and running costs. GPU management costs can be much lower than ASIC, so it comes down to the cost of repaying the capital outlay of the hardware.

A few months ago you could get $ 3- $ 5 a day from a 1080 Ti but with the collapse in value of most of the altcoin that drops to $ 1 a day. As such, a 1080 Ti & nbsp; these days come back two years. It was repaid in four months last year but, as the price has declined and the number of mining machines has increased, the return time of investment has increased.

The biggest concern for miners is that their equipment will be made obsolete by new equipment. An ASIC can let GPU miners escape from water if suddenly it appears on the scene for a coin that until then has been inviolable by an ASIC. This has happened recently to the monero, which fortunately for the miners GPU and CPU has forked a new standard to which they could pass while "bricking" the ASIC is not able to bring about change.

The new Nvidia 2080 is – or perhaps better said "it was" – such a threat.A new generation of GPU that was many times more powerful than 1080 Ti would soon outdate as a miner, but apparently the new hardware would not produce more than 30% -50% more coins per day and as such will only relegate the 1080 Ti by one third or less.

The cost of the new card is in line with the old range 1080 and is probably a prize, this will leave the 1080 Ti with a long life of extraction, especially if the prices of the wires will be reversed.

The new 2080 range will develop over time but could take at least a couple of years to push 1080 Ti to retirement, which is good news for miners who have invested in drilling rigs, many of which will still have time to recover their investment on the $ 1,000 per car they paid at the start of the market at the beginning of de The & # 39; year.

While the mining boom of AMD and Nvidia may be over, this stroke of luck will return when Crypto returns.

Disclosure: I own shares of Advanced Micro Devices .

—– [19659003] Clem Chambers is the CEO of the private investors website & nbsp; ADVFN.com and author of Be Rich The Game in Wall Street and Trading Cryptocurrencies: A Beginner & # 39; s Guides.

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When you go to my cryptocurrency you are presented with two options: Buy a GPU (graphics processing unit) or buy an ASIC (application-specific integrated circuit).

I think an ASIC is a terrible computer device, period. While it might be nice for mining coins, at one point it has a list of negative aspects that make it probably the ugliest piece of technology ever created outside the armed forces.

Here is a list of negatives:

  • more heat than a fan heater.
  • Ingurgita crazy amounts of energy, which can make the device unprofitable quickly.
  • Produces incredibly high amounts of noise, so much so that it can damage your hearing. It is not a euphemism to say that even one ASIC makes it seem like you have a small jet in the room.
  • You can only do one job – take out a specific coin with a specific algo.
  • It costs a lot, but loses its value in weeks.
  • It is supplied only when it is worth less than the production to be used compared to that for which it can be sold, which is often higher than its potential earning potential.
  • You can wake up tomorrow and

… C & # 39; it's more but you get the point.

On the other hand, a GPU is hot but not a hot furnace, it eats around 25% of the energy of an ASIC, it is noisy but will not make it gain a restraining order from its neighbors and retains value because players like them.

The current flagship GPU for commercial extraction is the 1080 Ti. And it's the best bang for buck you can get with my cryptos altcoin. There are more powerful ones like Titan V, but with 30% -50% more power they spend anywhere between 3-5 times the money.

The calculation is the amount of coins that you can extract at the cost of repaying the capital spent and running costs. GPU management costs can be much lower than ASIC, so it comes down to the cost of repaying the capital outlay of the hardware.

A few months ago you could get $ 3- $ 5 a day from a 1080 Ti but with the collapse in value of most of the altcoin that drops to $ 1 a day. As such, a 1080 pay you back two years these days. It was repaid in four months last year but, as the price has declined and the number of mining machines has increased, the return time of investment has increased.

The biggest concern for miners is that their equipment will be made obsolete by new equipment. An ASIC can let GPU miners escape from water if suddenly it appears on the scene for a coin that until then has been inviolable by an ASIC. This has happened recently to the monero, which fortunately for the miners GPU and CPU has forked a new standard to which they could pass while "bricking" the ASIC is not able to bring about change.

The new Nvidia 2080 is – or perhaps better said "it was" – such a threat.A new generation of GPU that was many times more powerful than 1080 Ti would soon outdate as a miner, but apparently the new hardware would not produce more than 30% -50% more coins per day and as such will only relegate the 1080 Ti by one third or less.

The cost of the new card is in line with the old range 1080 and is probably a prize, this will leave the 1080 Ti with a long life of extraction, especially if the prices of the wires will be reversed.

The new 2080 range will develop over time but could take at least a couple of years to push 1080 Ti to retirement, which is good news for miners who have invested in drilling rigs, many of which will still have time to recover their investment on the $ 1,000 per car they paid at the start of the market at the beginning of de The & # 39; year.

While the mining boom of AMD and Nvidia may be over, this stroke of luck will return when Crypto returns.

Disclosure: I own shares of Advanced Micro Devices .

—– [19659003] Clem Chambers is the CEO of the website of private investors ADVFN.com and author of [19659058] Be Rich The Game in Wall Street and Trading Cryptocurrencies: A Beginner & # 39; s Guide.

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