Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: Sev18 on August 01, 2017, 12:47:20 AM



Title: Anybody testing Ethereum ASIC machine?
Post by: Sev18 on August 01, 2017, 12:47:20 AM
There was almost 150T increase of network difficulty in last 2 hours.

Pool hash of ethermine-asia is skyrocketting..


Title: Re: Anybody testing Ethereum ASIC machine?
Post by: Marvell1 on August 01, 2017, 01:05:46 AM
There was almost 150T increase of network difficulty in last 2 hours.

Pool hash of ethermine-asia is skyrocketting..

I know i always check the top 10 on ethpool solo mining pool and as of a few days ago
the higest miner was around 100gh, today i looked and i was stunned to see that the top 5 miners started at 500ghz nearly 600gh , then a bunch of 250 ghs miners my god

I cant even imagine the numbe of gpus needed to for that much hash!!

on top of that wtf do they not solo mine and mine in a pool with that much hash

this leads me to think these are private miners not like a cloud mining deal since those
would solo mine for sure i would think


Title: Re: Anybody testing Ethereum ASIC machine?
Post by: leowonderful on August 01, 2017, 01:26:02 AM
Perhaps someone just deployed a large amount of GPUs? I find it unlikely anybody would deploy ASICs for Ethereum given they can easily change the algo if ASICs are created for it, it would be a massive waste of money if it happened like that.


Title: Re: Anybody testing Ethereum ASIC machine?
Post by: Sev18 on August 01, 2017, 01:50:51 AM
Perhaps someone just deployed a large amount of GPUs? I find it unlikely anybody would deploy ASICs for Ethereum given they can easily change the algo if ASICs are created for it, it would be a massive waste of money if it happened like that.

I hope so. Release of ethereum ASIC would be a total disaster for GPU miners.


Title: Re: Anybody testing Ethereum ASIC machine?
Post by: leowonderful on August 01, 2017, 01:54:26 AM
Perhaps someone just deployed a large amount of GPUs? I find it unlikely anybody would deploy ASICs for Ethereum given they can easily change the algo if ASICs are created for it, it would be a massive waste of money if it happened like that.

I hope so. Release of ethereum ASIC would be a total disaster for GPU miners.
It wouldn't be for too long as IIRC Ethereum's algo was designed to be ASIC resistant. If it no longer was I'm sure the devs would make the algo different again. Because of this I would expect it to be FPGAs and not ASICs as the cost of programming FPGAs is usually less than designing an ASIC- that is, if it is NOT GPUs, which I doubt.


Title: Re: Anybody testing Ethereum ASIC machine?
Post by: Sev18 on August 01, 2017, 01:57:32 AM
Perhaps someone just deployed a large amount of GPUs? I find it unlikely anybody would deploy ASICs for Ethereum given they can easily change the algo if ASICs are created for it, it would be a massive waste of money if it happened like that.

I hope so. Release of ethereum ASIC would be a total disaster for GPU miners.
It wouldn't be for too long as IIRC Ethereum's algo was designed to be ASIC resistant. If it no longer was I'm sure the devs would make the algo different again. Because of this I would expect it to be FPGAs and not ASICs as the cost of programming FPGAs is usually less than designing an ASIC- that is, if it is NOT GPUs, which I doubt.

I got it. Thx for kind explanation.


Title: Re: Anybody testing Ethereum ASIC machine?
Post by: thendawg on August 01, 2017, 01:58:37 AM
Guess those 747's full of GPU's landed.