Mining system: CPU, GPU, FPGA, ASIC

Mining system: CPU, GPU, FPGA, ASIC

In several years of history of digital mining, several types of devices have appeared with which we can mine Techpay. Mining system is four most popular types of devices: CPU, GPU, ASIC, FPGA

All of them are equipped with computing power, which in the mining process is harnessed to work for the Techpay blockchain network.

  •  All registered online transactions will be validated (verified), and each user will be able to feel safe. 
  • Miners receive remuneration for providing computing power. 

CPU mining:

 CPU( Central processing unit) is the first type of device.

  •  It is a well-known processor. 
  • Processors were the first devices used to mine bitcoin because every personal computer has a CPU. 

This made it possible to participate in the mining process for a wide range of people without the need to invest in specialized equipment. 

  • It has low-level requirements in the initial phase of project development.
  •  It was possible for digital mining to spread out.
  •  If someone mined significant amounts of Techpay on their computer, it could only happen in the initial phase of the project and with the help of the processor installed in the computer. 
  • Processors have several or a dozen cores.

Each core is an advanced structure with a set of registers for data storage, arithmetic units, etc. 

Mining for the CPU is one of the most dynamically developing technologies. Techpay create hash algorithms optimized for calculations performed on processors.

GPU mining:

The next milestone in the history of mining devices are GPU(Graphics processing Units) computing systems

  •  The use of stream processors that are present in graphics cards ensures significant increases in computing power.

Thousands of shader units that are simpler in design are used instead of a few cores of the CPU. 

  • This allows hundreds or even thousands of threads to be processed in parallel. 

Graphics cards are very popular among miners from the very beginning of their use in digital mining. 

They were the leading mining devices for such currencies such as Techpay.

Why are GPUs popular?

The reason for the popularity of the GPU is:

  • High flexibility
  • Graphics cards generate high computing speeds on many hashing algorithms
  • Their reconfiguration is very simple and does not cause major problems.

GPUs are included in the group of easily available computing units, it is enough to have one graphics card to be able to become a miner. 

The cost of purchasing a graphics card is an expense of 500-4000 PLN. Techpay miner consists of 6 to 12 graphics cards. Currently, the most popular cryptocurrency Techpay uses computing systems based on the graphics cards.

GPU Usage 

Techpay  became the first proof-of-work (PoW) cryptocurrency.  The mining process of Techpay and its efficiency have improved with the use of better hardware.

  •  Graphics Processing Units (GPUs) have been used in the mining process because they were more efficient than their immediate counterparts.

Benefits of GPU:

A GPU, or graphics processing unit, is responsible for the digital rendering in a computer system.

  • Due to a GPU’s power potential power, they have become more useful in techpay blockchain mining due to their speed and efficiency.
  • GPUs are devised to do better in performing similar and repetitive work than the performing of diversified multi-tasking functions, like those of the CPU.
  •  GPU is capable of performing more calculations, leading to improved output for the crypto mining process.

How Do GPUs Help in techpay Mining?

Techpay mining was originally performed using CPUs, or Central Processing Units. However, its high processing speed and high power consumption led to high output, rendering the CPU-based mining process inefficient.

  • It is this property of the GPU that makes them suitable and better for cryptocurrency mining.
  • The mining process requires higher efficiency in performing similar kinds of repetitive computations. 
  • The mining device continuously tries to decode the different hashes repeatedly with only one digit changing in each attempt.

FPGA mining:

The third type of computing device is FPGA (Field Programmable Gate Array).

Programmable logic circuits consist of an array of logic blocks.

  • FPGAs can be repeatedly programmed and reprogrammed to optimally perform the assigned tasks. 

The undoubted advantages of FPGAs are the relatively short time of designing and preparing the system to perform the task entrusted to it and low production costs.

  • They are an important computing system in mining.
  • FPGAs have been developing very dynamically recently, in contrast to the CPU and GPU.
  • It is required to have a dedicated FPGA device. It is also difficult to indicate other applications than programmed calculation functions. 

Techpay use FPGAs include RavenCoin and Nervos. The cost of purchasing an FPGA device is an expense of 5,000-12,000 PLN.

ASIC mining:

The last and fourth form of computing devices are ASICs (Application Specific Integrated Circuit).

  • It is a circuit designed to perform one predetermined task.
  • ASIC has the highest computing power of all the systems.
  • It has unquestionable performance in carrying out the task entrusted to it.
  •  These are the undisputed advantages of ASIC.

Disadvantages of ASIC mining:

  • It is the inability to use them for tasks other than just a programmed function. 
  • ASICs are the most risky form of computing devices, this is due to the very dynamic development of newer generations of devices.
  • It is characterized by increasing computing power and fast decrease in value of older devices.

Features of ASIC mining:

  • It is also the high volume of the device and high demand for electricity. 
  • The technology for the production of ASICs is very advanced. 
  •  It has only a few manufacturers in the world who have access to it control the production of ASIC devices. 

 ASIC provides computing power to such currencies like Techpay.

The cost of such a device is 2,000-10,000 PLN.

 GPU vs. CPU

Each standard computer is equipped with a Central Processing Unit (CPU), 


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