When you first start getting into the bitcoin mining business, you have two choices to make. Should I build a GPU based system with several graphics cards, or should I just buy a bunch of USB ASIC Asic based hardware for bitcoin mining Erupters? What are the Pros of USB based ASIC Block Erupters for bitcoin mining?
These little devices have only been around for about 2 months. They are energy efficient using about 3 – 5 watts each, and they don’t tax your hardware, meaning you can continue to do real work on your computer while they are mining. Their hash rate is about 330 – 336 Mhps. If you wish to scale up its as simple as buying more sticks, and filling every USB slot on your machine.
What are the Cons of USB based ASIC Block Erupters for bitcoin mining? This answer has to do with faith of bitcoin as a currency. Lets say you bit the bullet and bought 100 of these devices. You have a pretty good thing going. The second Con is hardware in the bitcoin world rapidly depreciates as the next best thing comes out. Ghps, could make the USB miners obsolete. However the companies that make those larger miners have been having trouble filling orders, making some believe they have problems actually making a working miner.
What are the Pros of GPU based bitcoing mining? AMD based graphics cards, can make an impressive amount of bitcoin. Cons of GPU based bitcoin mining? Energy usage is the big one. Each graphics card will use on average about 200 watts. The computer stand alone will use another 100 – 200 watts depending on your system configuration.