Bitcoin Forum

Other => Off-topic => Topic started by: goxed on March 05, 2013, 12:12:33 AM



Title: ASICs galore!
Post by: goxed on March 05, 2013, 12:12:33 AM
http://www.bitcoinx.com/charts1/chart_large_lin_30d.png (http://www.bitcoinx.com/charts1/chart_large_lin_30d.png)

http://www.bitcoinx.com/charts1/chart_large_lin_30d.png


Title: Re: ASICs galore!
Post by: Third Way on March 05, 2013, 03:57:59 AM
More ASICs doesn't mean coins will be mined faster, correct?


Title: Re: ASICs galore!
Post by: Phinnaeus Gage on March 05, 2013, 05:33:51 AM
More ASICs doesn't mean coins will be mined faster, correct?

That is correct. Still on average 25 coins every 10 minutes. Having ASIC chipped rigs only helps solve the problem quicker, which will make FPGAs obsolete, which made GPU mining obsolete, which made CPU mining obsolete.


Title: Re: ASICs galore!
Post by: Fuzzy on March 05, 2013, 05:43:10 AM
More ASICs doesn't mean coins will be mined faster, correct?

That is correct. Still on average 25 coins every 10 minutes. Having ASIC chipped rigs only helps solve the problem quicker, which will make FPGAs obsolete, which made GPU mining obsolete, which made CPU mining obsolete.

Which begs the question... (https://bitcointalk.org/index.php?topic=140578.0)