PlumInternet
asked on
bitcoin mining hardware vs server hardware
Hello,
We were wondering if someone can explain why server hardware is not suitable for mining bitcoins. We have racks and racks of dell servers with xeon cpus. Just wondering why these enterprise machines are not effiecient for mining bitcoins when they are capable of running sophisticated databases etc
Thanks.
We were wondering if someone can explain why server hardware is not suitable for mining bitcoins. We have racks and racks of dell servers with xeon cpus. Just wondering why these enterprise machines are not effiecient for mining bitcoins when they are capable of running sophisticated databases etc
Thanks.
ASKER CERTIFIED SOLUTION
membership
This solution is only available to members.
To access this solution, you must be a member of Experts Exchange.
SOLUTION
membership
This solution is only available to members.
To access this solution, you must be a member of Experts Exchange.
ASKER
Brilliant overview
It's also worth mentioning that there are alternative cryptocurrencies such as Litecoin that haven't yet had ASIC hardware built for them, so they may still be profitable with GPU or CPU mining, depending on their design. I don't know what the current profitability of mining these is though.