Mining hardware
The cryptocurrency mining community has gone through a lot of innovation and resistance hand-in-hand to take care of the core principles of blockchain. Mining can be done using home-based computers and specialized hardware. The types of hardware commonly used for cryptocurrency mining are discussed in the following sections.
CPU-based mining
This was the first type of mining available in the official Bitcoin client. During the initial days of Bitcoin, home-based computers were able to mine coins. With the advent of more powerful and specialized hardware, Bitcoin mining is no longer preferred for mining Bitcoins. Other coins still support CPU mining, but as the coins' difficulty grows with time, mining of those types of coins also becomes infeasible.
GPU-based mining
Since the difficulty of the blockchain network increases incrementally over time, CPU mining becomes infeasible, or it sometimes becomes impossible to mine the coin using a CPU. Considering this, miners started to...