What is GPU crypto mining?

GPU mining involves the use of a gaming computer’s graphics processing unit to solve complex math problems to verify electronic transactions on a blockchain. Normally, to mine a cryptocurrency, digital coins must be built on a blockchain architecture that supports proof-of-work (PoW) mining.

What is a GPU mining rig?

GPU mining rig. In addition, GPU manufacturers have designed specialized hardware, such as Graphics Cards, that are optimized for mining, have higher hash rates, and lower power consumption, making them more efficient and cost-effective than traditional CPUs.

How have GPUs been used in blockchain mining?

Read on to learn more about how GPUs have been used in the blockchain space. A GPU, or graphics processing unit, is responsible for the digital rendering in a computer system. Due to a GPU's power potential vs. a CPU, or central processing unit, they have become more useful in blockchain mining due to their speed and efficiency.

What is bitcoin mining?

Bitcoin mining is the process by which new bitcoins are entered into circulation. It is also the way the network confirms new transactions and is a critical component of the blockchain ledger's maintenance and development. "Mining" is performed using sophisticated hardware that solves an extremely complex computational math problem.