Since Ethereum’s popularity earlier this year, we’ve seen a plethora of gaming graphics cards repurposed for mining, often in exorbitant quantities. With a silicone shortage expected until 2021, miners may have to consider alternative GPU solutions. ASICs (including application-specific circuits) enter the picture. Hashque, a company that specializes in crypto-specific ASICs, has released a GBT miner specifically designed for cryptocurrency. Hashque has yet to reveal the GBT price. Since Ethereum’s ASIC, the most powerful mining company at the moment, is expected to cost between 20,000 and 30,000 US dollars. The release is, however, a little late because the graphics card market has been irreparably damaged at this point. Furthermore, once Ethereum transitions to a stake model that assigns value based on your own value rather than a work model proof that assigns value based on your production capacity, the miner will be burdened with a costly weight.
Hashque has yet to reveal the GBT price. Since Ethereum’s ASIC, the most powerful mining company at the moment, is expected to cost between 20,000 and 30,000 US dollars. The release is, however, a little late because the graphics card market has been irreparably damaged at this point. Furthermore, once Ethereum transitions to a stake model that assigns value based on your own value rather than a work model proof that assigns value based on your production capacity, the miner will be burdened with a costly weight.
Is this a response to a lack of a graphics card? The answer could be yes or no. If Hashque can generate a sufficient amount of GBT, it could be an important part of the solution to the graphic card shortage. Instead of the graphics cards going to cryptocurrency miners, the miners will be busy on ASIC miners, and consumers will eventually be able to get their hands on the latest graphic cards. Due to the global semiconductor shortage, Hashque is unlikely to produce GBT on a large scale.
Hashque’s long term goal
Hashque’s mission is to make crypto mining simple and profitable for everyone, including newcomers. Anyone can begin extracting these miners by plugging the unit into an outlet, connecting the system via WiFi or a cable, and entering the pool data. Users can also join Hashque’s mining pool, which charges a 0% commission. Customers’ delivery and customs fees are also covered by the company.
Hashque miners all rely on cutting-edge ASIC technology. Hashque mining platforms powered by 5nm ASIC chips offer high hash rates for mining bitcoin, litecoin, ethereum, and monero, as well as energy efficiency. As a result, in today’s cryptocurrency market, the profits of these miners are unrivaled.
