Necessity is the mother of invention. Likewise Cost effectiveness is the mother of Recycling. Developers are now involving themselves into how old electronics can be creatively repurposed for bitcoin mining.
Ken Shirriff, an old school Bitcoin miner, is digging deep into how the otherwise un-minable old electronics can be exploited to mine at a rate comparable with modern GPU, CPU, and ASIC mining equipment.
This can be a cool hobby to start for a tech-savvy person who loves to explore more about Electronics. If you’re only focused to mine cryptocurrency as a business, you should consider newer rigs first.
What’s the difference in computing power between these old rigs and new mining gear?
Shirriff openly acknowledges the fact that it might be possible to improve on the mining capabilities of his own retrofitted mining rigs and that there is a tremendously large gap in performance compared to newer rigs.
For instance, Xerox Alto only reaches 1.5 hashes per second. On the other hand modern mining rigs like, ASIC can reach trillions of hashes per second, clearly winning the race. Even with the rise of anti-ASIC Proof-of-Work consensus algorithms, the highest performing GPU graphics cards like the MSI GeForce GTX 1080 Ti GAMING X 11G Graphics Card can help miners reach over 31 million hashes per second.
This is not a precise instruction-wise guide for the Cryptocurrency tech-savvy enthusiasts. However, this article does unveils several opportunities that one must explore mining by employing the old electronic gadgets.
Also Read: List Of Best Bitcoin Mining Pool
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