What is mining & how do GPUs accomplish it?

What is mining, and how do GPUs accomplish it? Mining is essentially running software to solve complex mathematical problems in order to verify transactions on a cryptographic blockchain. Once a miner completes the math problem, the reward is a portion of cryptocurrency that’s associated what the mining activity.

What is the best GPU for mining?

AMD R9 GPUs are still almost as powerful as the best mining graphics cards in the newer Rx 500 series, but they consume more power, making them unprofitable. Overclocking capability depends on a video memory manufacturer. The best GPUs for mining are the ones with Samsung memory. This parameter isn’t listed in the device specifications.

What is a dedicated GPU mining rig?

(One can dream!) A dedicated GPU mining rig is a bootstrapped computer designed specifically for mining. It does nothing else but mine, so it can’t double as a personal computer. The parts are similar to what we listed above for the personal mining computer, but with a few key differences:

Can GPUs be used to mine bitcoin & litecoin?

Unfortunately, this has contributed to the current GPU shortage and led Nvidia to limit the hash rate of newer 30-series cards. Despite the massive drawbacks to mining Bitcoin and Litecoin on graphics cards, the upside is that graphics cards can still be sold in the aftermarket because of their general-purpose use.