🛠 Next part of the most frequently asked questions in the mining industry
🔧 What does the term W/Gh mean?
It is a measure of energy efficiency.
🔧 How is profitability calculated?
There are special calculators that take into account all the important factors: the cost of the device and its efficiency, the current complexity of mining and the price of electricity.
🔧 What is a mining pool?
A pool brings together a group of miners working together. Through this effort, they get rewarded faster, which turns out to be more profitable than mining alone.
Mining pools are considered to be a way to get a guaranteed income.
🔧 What is a GPU?
GPU — Graphics Processing Unit — a graphics processor that specializes in graphics rendering.
🔧 What does ASIC mean?
ASIC — Application-Specific Integrated Circuit. It is an integrated circuit designed specifically to perform a certain task, in this case mining.