CS501 GDB Fall 2023
Crypto Mining means gaining cryptocurrencies by solving
cryptographic equations through the use of computers and
in short processors. cryptocurrency mining is a
transactional process that involves the use of computers
and cryptographic processes to solve complex functions
and record data to a blockchain. The process involves
validating data blocks and adding transaction records
to a public record (ledger) known as a blockchain.
Earlier we had normal General Purposes Processers were
used for processing or mining but now the trend has been
shifted towards Graphics Processing Units (GPU) and
Application Specific Integrated Circuits (ASIC). Suppose,
you have to choose among the stated GPU and ASIC for a
Crypto Mining Process, which one you will choose and why?
• NVIDIA GeForce RTX 3080
• Antiminer K5 1130Gh
Your answer must consider the Processing Speed, Processing
Cost, Specifications, and Functionalities of both Processing
Units. Do state your answer with respect to a specific
algorithm results on both units.
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