Can you use ASIC miners for Ethereum?

Can you mine Ethereum with ASIC miner?

The Bitmain Antminer E9 is the world's most powerful Ethereum mining ASIC. Bitmain has launched a new ASIC tailor-made for Ethereum. It can hit peak hash rates of 3GH/s, roughly equivalent to 32 GeForce RTX 3080 graphics cards.

Is Ethereum ASIC-resistant?

First, Ethash, the algorithm used to mine ethereum, is already fairly ASIC-resistant. It is an adaptation of bitcoin's Proof of Work (PoW) algorithm and uses Decentralized Acyclic Graphs (DAG). … This means that mining coins may become a redundant in the future ethereum network.

How do you set ASIC miner for Ethereum?

Configure Ethereum ASIC miner

  1. Mining Address. Get mining address in sub-account dashboard. Click it.
  2. Worker Setting. Format:sub-account.miner name.
  3. Miner Connection Setting. Type the IP address of miners into the address bar with a web browser under the local area network.
  4. Check mining status in pool's sub-account.

Sep 29, 2021

Which miner is best for Ethereum?

Here, we'll look at the best Ethereum mining software for both NVIDIA and AMD GPUs.

  1. NBMiner. NBMiner is the hottest Ethereum miner at the moment and the best option if you own an NVIDIA LHR graphics card.
  2. T-Rex Miner.
  3. PhoenixMiner.
  4. TeamRedMiner.
  5. GMiner.
  6. LolMiner.

Sep 3, 2021

What can I mine with ASIC miner?

An ASIC miner refers to a device that uses microprocessors for the sole purpose of "mining" digital currency. Generally, each ASIC miner is constructed to mine a specific digital currency. So, a bitcoin ASIC miner can mine only bitcoin.

Can Antminer mine Dogecoin?

If you can afford it, consider buying an ASIC miner, as it is more profitable than a GPU. The top ASIC miners for Dogecoin mining are currently: Bitmain Antminer L3.

What else can ASIC miners be used for?

ASIC mining is essentially the process of mining cryptocurrencies like Bitcoin using ASIC rigs. An ASIC miner is a piece of equipment that is purposely-built solely for mining. Unlike other types of mining devices, ASICs can only be used to mine cryptos and nothing else.

What can you mine with ASIC miners?

An ASIC miner refers to a device that uses microprocessors for the sole purpose of "mining" digital currency. Generally, each ASIC miner is constructed to mine a specific digital currency. So, a bitcoin ASIC miner can mine only bitcoin.

What Cryptocurrency can you mine with ASIC?

Top Cryptocurrencies for ASIC Miners

  • Bitcoin (BTC) Top on the list is the leading cryptocurrency, Bitcoin.
  • Best Bitcoin Mining Rig. To mint as many BTCs as possible, use the latest or the most powerful ASICs in the industry.
  • Litecoin (LTC)
  • Ethereum (ETH)
  • Best Ethereum Mining Rig.
  • Choosing the Best Bitcoin Mining Pool.

What coins can I mine with Antminer L3 +?

Antminer L3+ is a Scrypt mining equipment sold by BitMain. It is able to mine Litecoin (LTC) with a maximum hashrate of 504,000,000H for a power consumption of 800W. The price for the Antminer L3+ is $209 and you will need an ATX PSU with at least 9 six-pin PCIE connectors.

How do you use ASIC miners?

3:2519:50How To Set Up an ASIC Miner – YouTubeYouTube

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