There are many products that are now catered towards crypto investors. And these days, it isn’t surprising how some products are also meant for crypto miners. Considering the many issues involved in cryptocurrency mining, companies are doing what they can in order to make things more efficient for the market.
It isn’t surprising that companies are looking to improve their products considering the increasing difficulty in terms of mining. And if there is anything that can simplify the process, then the more beneficial it becomes for crypto miners.
Asus recently announced the H370 Mining Master motherboard. It is specifically designed for crypto mining activities. What it does is support 20 graphics cards. This makes mining process a lot easier. It offers streamlined connectivity that allows USB riser cables to be plugged directly to the PCB.
With this product, Asus made maintenance a lot easier. There are also fewer PCIe disconnects, not to mention it becomes more accurate to diagnose problems.
The H370 will be available in July to September this year. However, as for the price of this motherboard, Asus hasn’t announced any details yet.
The Industry Changed
The industry changed over the years. During the early days of Bitcoin, it is already possible to mine using your very own personal computer. However, things have changed as mining hardware increased in circulation. For instance, it hiked up the price of GPUs due to the demand for these items.
In fact, Asus isn’t the first one to introduce a mining motherboard to its users. However, Asus is considered the leader when it comes to the number of GPUs allowed on one board. To give you an idea about the potential price of this item, most boards run for around $50 to $40. It is possible that the price won’t be quite far from other products in the market.
Crypto Mining Issues
Crypto mining industry is becoming tricky over the years. For one, you have to deal with the fact that there are regulators that are trying to stop crypto miners from operating within particular areas mainly because of the high electricity usage involved in crypto mining activities. Countries such as China, Iceland, and Canada have been popular options considering their cheap electricity and cold temperatures.
Quebec recently allowed crypto mining once again while Venezuela, on the other hand, changed its stance when it comes to mining banning crypto mining hardware in the process. Consider these changes to be a common occurrence in today’s crypto world. Crypto mining is a hotly debated topic considering the amount of energy that it needs in its operation, not to mention the cost of its hardware.
By the end of 2018, it is possible that the Bitcoin mining alone may use around 0.5% of the world’s energy. In fact, Bitcoin mining in Iceland will use more energy than households according to one study. However, it is also possible that there are solutions that can prevent this from happening. There’s the Lightning Network that may alleviate the situation.
With environmental issues that crypto miners have to deal with, not to mention the increasing difficulties in solving complex computations, mining is quite a complicated business to be involved in today.