Calculation power of ether currency
Bitcoin uses SHA-256 encryption algorithm. When mining, it competes with computing power. In order to improve computing power, bitcoin has gone through four stages: CPU mining, GPU mining, FPGA mining and now ASIC mining machine mining, and the degree of specialization is getting higher and higher
Ethereum uses the ethash encryption algorithm. In the process of mining, it needs to read the memory and store the DAG file. Because the bandwidth of each read memory is limited, and the existing computer technology is difficult to have a qualitative breakthrough in this problem, so no matter how to improve the computing efficiency of the computer, the memory read efficiency will not be greatly improved. Therefore, in a sense, Ethereum's ethash encryption algorithm is ASIC resistant.
different encryption algorithms lead to great differences in mining equipment and computing power between bitcoin and Ethereum
at present, bitcoin mining equipment is mainly ASIC mining machine with a very high degree of specialization. The maximum computing power of a single mining machine is 110t / s, and the scale of computing power of the whole network is more than 120eh / s
the main mining equipment of Ethereum is video card miner, and there are very few specialized ASIC miner. On the one hand, the "ASIC resistance" of Ethereum mining algorithm improves the threshold of developing ASIC miner. On the other hand, after Ethereum is upgraded to 2.0, the consensus mechanism will be transformed into POS, and the miner can not continue mining
compared with the ASIC miner, the graphics card miner has two orders of magnitude difference in computing power. At present, the computing power of mainstream graphics card miner (8 cards) is about 420mh / s, and that of Ethereum is about 230th / s.
from the time dimension of the past two years, bitcoin's computing power of the whole network is growing rapidly, while Ethereum's computing power of the whole network is growing relatively slowly
The ASIC mining machine of
bitcoin is monopolized by several major mining machine manufacturers, and miners can only buy it from the market; Although the graphics card miner of Ethereum is also manufactured by a special miner, the miner can buy accessories from the market and assemble them according to his own demand
under normal circumstances
1G=1000M
1GH=1000MH
1gh=1000mh
2) in terms of algorithm, the core algorithm sha256 adopted by bed and BTC has the same value attributes, but bed has established a new economic model through new technology development; Eth uses ethash algorithm
3) from the perspective of mining cost: BTC mining is becoming more and more difficult and has become an arena for mining equipment. At present, the latest 110t ant S19 Pro mining machine has adopted the latest 7Nm chip, and the price of the machine is nearly 20000 yuan. Some low computing power machines, such as the former king ant S9, can only be eliminated, resulting in a huge waste of resources; Eth uses graphics card GPU to mine, and the cost is also quite high; And bed can dig directly with the existing bitcoin miner or the obsolete bitcoin miner with low computing power, so the cost of miner is very low and the waste of resources is reced
4) from the perspective of total amount and upgrade space: the total amount of BTC is 21 million, and the current price is about ¥ 76000; The total amount of eth will reach 113 million, and the current price is about 2500 yuan; The total amount of bed and BTC is 21 million, and there is a huge space for upgrading.
