ASICs vs. GPUs ROI Comparison

Mining & Hardware ASIC Mining
#1

I’ve recently considered buying an ASIC miner and looked into the Avalon 1246 which has high regards in efficiency. One thing that I almost always see is the $ profits of ASICs and not the actual coinage amount per day/month. Prices change every day. I finally found a site that declared the BTC priced used in the calculation and it appears about 0.015BTC per month. By today’s $67000 price that is $1000/mo.

Then I started thinking about my mass slew of GPUs where 13x 1660 Supers generates about $1000/mo but only uses 990W vs. the 3400W the 1246 would use.

So why not just mine ETH → BTC via auto exchange?

There is more diversity when a single GPU goes down vs. an ASIC and less than a third of the electricity bill.

So why get an ASIC?

#2

GPU is much more efficient in wattage than ASIC. It is very hard to buy GPU these days. If GPU is available, I would go with GPU mining. However, ASIC has is advantage too.
It is very simple. You don’t need to deal with the OS, the miner software … ETH 2.0 is coming, so you know you won’t be able to mine ETH soon.