FPGA (Field-Programmable Gate Array) vs ASIC Crypto Mining Comparison

Main Difference Between FPGA and ASIC Mining

During the last years, the bitcoin mining ecosystem has been experiencing important changes. At the beginning, it was possible to mine bitcoin with a CPU processor, but later, it was possible to do it with GPUs. After it, GPU mining was replaced by FPGA and ASIC miners.

What Is FPGA?

FPGA stands for Field-Programmable Gate Array. These devices were very popular among users that did not want to keep mining in the competitive landscape of GPU mining activities. Those devices have been designed in a way that users can configure their integrated circuits once the manufacturing process is completed.

Some time later, bitcoin miners started to upgrade their operations to FPGA. In this way, they were able to become more efficient and consume less energy. The FPGAs have a very similar functionality to ASIC miners. Those devices started to be sold in 2011 and 2012, and different companies and individuals were able to profit from them.

But later in time, ASIC hardware was able to outperform these devices, that were good, but not enough to compete with the most modern mining rigs.

The Arrival Of ASIC Miners

FPGA and ASIC hardware have many things in common. Indeed, both of them process very similar logic function-based operations and produce an important bitcoin mining power in a very efficient way.

ASIC hardware was much more powerful than the FPGA miners, in consequence, crypto enthusiasts and companies decided to move towards the latest ASIC miners. At the moment, there are just a few ASIC hardware manufacturers around the world, including BitFury Group and Bitmain Technologies Ltd. The Bitcoin mining industry is very competitive and just those with the proper teams are able to keep in the market. In the future, new hardware can appear and replace the latest ASIC miners that we see nowadays.

The Antminer E3, Batch 3 is one of the most powerful miners in the market and is has a price of $1876 dollars.

Get Free Email Updates!

*Action Required* Enter Your Email for Trending Crypto News & Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

[Domain Disclosure] The crypto-community content sourced, created and published on BitcoinExchangeGuide should never be used or taken as financial investment advice. Under no circumstances does any article represent our recommendation or reflect our direct outlook. We b-e-g of you to do more independent due diligence, take full responsibility for your own decisions and understand trading cryptocurrencies is a very high-risk activity with extremely volatile market changes which can result in significant losses. Editorial Policy \\ Investment Disclaimer

Coin Market Cap Price Change 24 Hour Volume
BTC $164.51B $9,261.8027 6.59% $7.72B
ETH $29.15B $273.6956 3.47% $2.37B
XRP $17.82B $0.4193 3.14% $661.26M
LTC $8.45B $135.8071 0.19% $880.51M
BCH $7.77B $435.7350 4.18% $336.27M
EOS $6.54B $7.1134 6.46% $1.01B
BNB $4.6B $32.5928 -2.36% $231.32M
BSV $3.82B $213.9576 2.26% $123.56M
USDT $3.45B $1.0035 -0.20% $6.98B
XLM $2.5B $0.1290 3.11% $91.91M

Get 3 Free Bitcoin eBooks for Limited Time Only

Receive three exclusive user guides detailing a) What is Bitcoin b) How Cryptocurrency Works and c) Top Crypto Exchanges today plus a bonus report on Blockchain distributed ledger technology plus top news insights.


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.