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Title: Will scrypt asic ever be invented? Post by: jaynbay112 on November 20, 2013, 12:44:52 AM Just Wondering
Title: Re: Will scrypt asic ever be invented? Post by: lordfirefox on November 20, 2013, 12:55:57 AM It's too memory intensive. The best you can do is GPU mine it. Litecoin was built with ASIC resistance in mind. And looking back over the year it was probably for the best.
Title: Re: Will scrypt asic ever be invented? Post by: Maxbet on November 20, 2013, 12:56:16 AM If the marketcap get's high enough, yes.
Title: Re: Will scrypt asic ever be invented? Post by: masyveonk on November 20, 2013, 12:59:35 AM It's too memory intensive. The best you can do is GPU mine it. Litecoin was built with ASIC resistance in mind. And looking back over the year it was probably for the best. Nope, you can make ASIC for litecoin more effective than GPU. It is just about money, not worth yet ;) Title: Re: Will scrypt asic ever be invented? Post by: crypto_mks on November 20, 2013, 01:36:42 AM A company called Alpha Technology is working on one:
http://majesti.co/cryptonerd/new-scrypt-asic-miner-announced/ "- Each ASIC chip would perform at a minimum of 500 kh/s, at around ~20 watts. With multiple chips on a PCI-E card, prototypes can reach 5,000 kh/s @ 200 watts , 10,000 kh/s @ 400 watts or higher. The price you pay for each device will be in ratio lower per khash than say an AMD 7950. This information may be subject to change." Title: Re: Will scrypt asic ever be invented? Post by: lordfirefox on November 20, 2013, 01:46:06 AM Yeah right, Until I actually see one they're vaporware. Smells a bit fishy to me.
Title: Re: Will scrypt asic ever be invented? Post by: cowandtea on November 20, 2013, 02:06:10 AM Eventually if the price is good, just need some expert to make one :)
Title: Re: Will scrypt asic ever be invented? Post by: Gator-hex on November 20, 2013, 02:06:55 AM No! Litecoin was designed to keep mining on a bog standard PC parts so everyone got a fair share of the coins.
It's the Communist version of Bitcoin ;) It does it by requiring lots of expensive memory for the calculations. The only way to get ahead is use graphics cards with lots of memory. A 2Gb version of the same GPU will run more caluculations than the 1Gb version. Title: Re: Will scrypt asic ever be invented? Post by: junshong on November 20, 2013, 02:44:09 AM There might be one. If theres a huge interest in Litecoin. It would be expensive to make tho.
Title: Re: Will scrypt asic ever be invented? Post by: I_bitcoin on November 20, 2013, 04:36:37 AM The first step will likely be an FPGA.
The second someone gets there they have enough "well defined" that an ASIC is not too far off. Many, many computing activities can happen in ASICs if they are well planned and ASICs can most certainly work with large chunks of memory! Remember the key part of ASIC means "application specific." The only way to limit the growth of ASIC potential would be to change the algorithm so frequently that they can't get to tape out before you change the design again ;) |