What is FPGA mining?

FPGA mining is the third step in mining hardware evolution. They are faster and more efficient than GPUs. In brief, mining bitcoins with FPGAs has the following advantages: FPGAs are more electricity-efficient per unit of hashing than CPUs or GPUs FPGAs are rather difficult to source and program.

Are FPGAs better than GPUs for bitcoin mining?

In the case of bitcoin mining, they are configured to perform the SHA-256 hash function, which is used to mine bitcoins. FPGAs have a slight advantage over GPUs for mining. The period of FPGA mining of bitcoins was rather short (just under a year), as faster machines became available.

What is a FPGA & how does it work?

FPGA, or a Field Programmable Gate Array, is a unique integrated type of a blank digital circuit used in various types of technology and produces higher hash rate with lower amounts of power and electricity when comparing to graphic processing unit (GPU) hardware. You can find FPGAs in image and video processing systems, for example.

Should you buy an ASIC miner or a FPGA?

When you buy an ASIC miner, that miner is really good at mining one specific cryptocurrency. That machine is built to devote every possible resource towards mining bitcoin. It’s a single tool that is designed from the ground up to mine bitcoin as efficiently as possible. FPGAs, however, are different.