M: YES He showed the first image of his Intel Arc A380where unlike the rest…
The Intel Arc A380 has had the dubious pleasure of being Intel’s first dedicated graphics card to be capable to mine cryptocurrencies. Of course, it’s a GPU, so the first support it receives is for mine ethereum.
has been the developer nano miner which has added support for the company’s most basic Intel Arc Alchemist GPU. The new software, already released, has been tested by some cryptominers, and yes, they have confirmed that it works, so the Intel Arc A380 can now be used to mine this popular cryptocurrency.
The Intel Arc A380 can mine Ethereum, but it’s too late to the party
Delving into the information, the GPU Intel Arc A380 can offer a hashrate of 10.2MH/s on Ethereum without any optimization This performance was achieved by consuming 75W power, so it’s not a very good combination. As a reference, an NVIDIA GeForce GTX 1660 optimized for mining (adjustment of voltages and frequencies), is capable of offering a hashrate of 26.50MH/s consuming 80W powerthat is, more than double the performance by consuming 5W more.
With a relatively low number of cores, 8 Xe-Cores, and a memory interface limited to 96 bits, this GPU offers a performance of 0.136 MH/s per watt consumed. Of course, it doesn’t really matter anymore, because, to get an idea, at present, if you buy a GeForce GTX 1660, and you overclock its memory to reach the maximum possible performance, it would take 631 days to recover the investment. So we could say that in the case of Intel, there is no possibility of recovering the investment, and more so at a time when electricity continues to rise in price.
Moreover, to mine with this GPU, it would be mandatory to purchase the variant with 6 GB of VRAM. This capability is required because the DAG for Ethereum has a weight of 5,127MBso choosing a version with 4 GB of memory would only allow mining EthereumClassic (ETC). Furthermore, even if the 6 GB GPU were used as the primary GPU, the OS itself would consume the resources used to create the DAG file, so it should be resort to a CPU with iGPU.
Mining Ethereum with GPUs already has an expiration date: end of September
The biggest news is that the transition from Proof of Work (PoW) to Proof of Stake (PoS) network will take place sometime between September 10 and 20which will mean that miners will have to get rid of their graphics cards to finish generating income, or use them to mine other even less profitable cryptocurrencies.
The main reason for the transition from Proof of Work (PoW) to Proof of Stake (PoS) network is due to to high energy costs that fuel huge cryptocurrency mining operations that run 24/7, not to mention of graphics card hoarding worldwide intended for gamers and professional users who have seen how all these GPUs were going to mining farms adding greater pressure to the supply chain, already punished by COVID, and favoring price increases.