Chapter 3. GPU Mining
In this chapter, we will take a look at mining with Graphic Processing Units or GPUs. They are simply known as Video Cards. GPUs have a high degree of parallel processing built in and as such they are perfect for the repeated hashing of candidate blocks. That process is of course known as Bitcoin mining. GPUs can mine much faster than CPUs and hence are more desirable to a potential miner. In this chapter, we will cover the following topics:
- Setting up your wallet, mining software to allow GPU mining
- What happens when mining on the GPU?
- Benchmarks of mining speeds with different GPUs
- Pros and cons of GPU mining
- CPU versus GPU mining
- Best practices when mining with GPUs
- Discussion of profitability
