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What is a GPU mining machine (with a mining GPU utilization rate of only 2%)

• Crypto & Markets • 51 views

what is a gpu miner. For example, using hardware (such as GPU) dedicated to mining digital assets on the Bitcoin blockchain, the dApp on Ethereum can get rewards through this device. The current mainstream Bitcoin mining method is to use mining equipment for mining, which is based on transporting a pile of computers to a server. Due to the inability of ordinary computers to mine large chunks or to extract small currencies, it cannot be fully understood as “hard disk mining”. So how can mining be completed more effectively? Firstly, you need to download a complete toolkit, which will store a large amount of data and code information. Secondly, it is necessary to install professional software, including Windows, macOS, or Linux systems

The utilization rate of mining GPUs is only 2%

According to Bitcoin, the main Bitcoin mining equipment on the market currently is GPU (Graphene) chips. However, according to the data of researchers, only 2% of Ethereum nodes used GPU in the last test in 2019. According to statistics, for most of 2019, only 1% of high-value participants compared their mining activities with ASIC chips, of which about 30% were used for GPU mining. If calculated from the beginning of 2018, about 20% of Cryptocurrency mining activities are driven by GPU, which means less than 2% of the total supply.

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