GPU refer as Graphics Processing Unit, which is used to mine bitcoin along with other kinds of cryptocurrencies called Altcoins. For several years, GPU Mining is used as the most viral method of mining Bitcoin. There is quite a bit of buzz moving on web pages that flees that idea that GPU is still a feasible option of mining even today.
The demand for mining bitcoin still endures growing, which builds a lot of tightness between gamers and miners to strive for purchasing such kind of Graphics Processing Units. GPU Mining is a procedure of resolving compound calculation problems to substantiate electronic transactions using computer components called graphic card.
With the advancement in technology, the idea of mining cryptocurrencies has become very fast. In 2013, ASIC, a Scrypt based mining, was introduced that took over GPU Mining. Additionally, in 2018, mining of significant cryptocurrencies was carried out by using ASICs. Therefore today anyone using GPU mining of cryptocurrencies is struggling to contest against these most advanced mining pools.
These type of advance mining pools used hardware’s components that are specialized to solve complicated math’s problems much faster. So going up against ASIC and using GPU Mining is unprofitable and pointless. Thus the massive move of miners towards ASIC is practically justified