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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: suchnoob on February 03, 2014, 10:31:05 AM



Title: Scrypt ASIC miners?
Post by: suchnoob on February 03, 2014, 10:31:05 AM
Here it is folks: 2 people mining at ~ over 200Mh/s, close to eachother. 250Mh/s means at least 270 cards up to 400. Which is at least unfeasible.

https://www2.coinmine.pl/rdd/index.php?page=statistics&action=pool


Title: Re: Scrypt ASIC miners?
Post by: Amph on February 03, 2014, 10:33:00 AM
no , probably 2 small pool merged with a big one

asyc scrypt is like santa claus, a scam


Title: Re: Scrypt ASIC miners?
Post by: x0rcist on February 03, 2014, 11:11:43 AM
Yup first Scrypt Asics entering the market.

check http://hashra.com/ and search this board on gridseed and you see its not a scam.


Title: Re: Scrypt ASIC miners?
Post by: BitCoinPokerBro on February 03, 2014, 11:24:02 AM
Yup first Scrypt Asics entering the market.

check http://hashra.com/ and search this board on gridseed and you see its not a scam.

As X said first gen Scrypt asics are here. Albeit wicked overpriced and not really worth buying except for drastically reduced power usage. $ per MH though, it's slightly more cost effective to buy gpu's if you have free electricity. 

The group buy available through BCT are cheaper than hashra's price. In case anyone was wondering if a cheaper product existed.


Title: Re: Scrypt ASIC miners?
Post by: hypes on February 03, 2014, 01:41:10 PM
so, they're here?


Title: Re: Scrypt ASIC miners?
Post by: MisO69 on February 03, 2014, 02:16:25 PM
They are still more expensive than making your own with GPUs. Looks like space saving is immense compared to mining rigs. No heat as well. I guess this is the future. I think I will stick with my GPUs for now until the price comes down and quality goes up.



Title: Re: Scrypt ASIC miners?
Post by: Fastpow on February 03, 2014, 02:22:13 PM
Meh, this sucks :p

Anyway, luckily enough we got VTC, an asic resistant coin :)


Title: Re: Scrypt ASIC miners?
Post by: jakedeez on February 03, 2014, 02:43:02 PM
Here it is folks: 2 people mining at ~ over 200Mh/s, close to eachother. 250Mh/s means at least 270 cards up to 400. Which is at least unfeasible.

https://www2.coinmine.pl/rdd/index.php?page=statistics&action=pool

Why isn't it feasible?  I know someone running 300x r9 280x's in racks...


Title: Re: Scrypt ASIC miners?
Post by: Fastpow on February 03, 2014, 02:47:49 PM
Here it is folks: 2 people mining at ~ over 200Mh/s, close to eachother. 250Mh/s means at least 270 cards up to 400. Which is at least unfeasible.

https://www2.coinmine.pl/rdd/index.php?page=statistics&action=pool

Why isn't it feasible?  I know someone running 300x r9 280x's in racks...

Well as of lately i'm seeing more and more 200mh/s + 'farms' in the pools. Don't think it's a coincidence


Title: Re: Scrypt ASIC miners?
Post by: hypes on February 03, 2014, 02:56:44 PM
Here it is folks: 2 people mining at ~ over 200Mh/s, close to eachother. 250Mh/s means at least 270 cards up to 400. Which is at least unfeasible.

https://www2.coinmine.pl/rdd/index.php?page=statistics&action=pool

Why isn't it feasible?  I know someone running 300x r9 280x's in racks...

Well as of lately i'm seeing more and more 200mh/s + 'farms' in the pools. Don't think it's a coincidence


I too have noticed this. They're too big for a botnet. I've seen a 350MH/s on a DOGE pool.


Title: Re: Scrypt ASIC miners?
Post by: Vivisector999 on February 03, 2014, 03:00:00 PM
Alot of people are taking the money they are making and buying more and more cards.  It's very feasible.  We use to have a guy on netcodepool that had over 300 Mhs.  He had a huge miner farm.  The ASICS might be here, but they are no better/faster than GPU's.  The only saving is in power consumption.


Title: Re: Scrypt ASIC miners?
Post by: jdh015232 on February 03, 2014, 03:01:27 PM
coins have to be launched differently now, we cant allow these people to collect massive amounts of every coin the first day, they are essentially completely controlling the market when they end up with 60% or more of the coins mined. it defeats the purpose of cryptos when theirs no decentralization of mining like is starting to happen


Title: Re: Scrypt ASIC miners?
Post by: hypes on February 03, 2014, 03:02:02 PM
Alot of people are taking the money they are making and buying more and more cards.  It's very feasible.  We use to have a guy on netcodepool that had over 300 Mhs.  He had a huge miner farm.  The ASICS might be here, but they are no better/faster than GPU's.  The only saving is in power consumption.


Although this is an obvious point, it's the correct one at the moment.


Title: Re: Scrypt ASIC miners?
Post by: greentea on February 03, 2014, 04:14:34 PM
I've seen 700+ over at middlecoin, here is the discussion on reddit:

http://www.reddit.com/r/litecoinmining/comments/1uwab4/possible_botnet_on_middlecoin/


Title: Re: Scrypt ASIC miners?
Post by: BitcoinEXpress on February 03, 2014, 04:25:28 PM


Love this lame attempt to pump "Scrypt Asics".

Theoretically possible - yes

Economically feasible - not in this life time


Botnets, large pool ops skimming hash rate and multipools are why you are seeing those large miners.



~BCX~


Title: Re: Scrypt ASIC miners?
Post by: mindtrip on February 03, 2014, 05:06:25 PM
Were still a way off from any fast Scrypt Asic Miners becoming available to the public so keep on GPU mining


Title: Re: Scrypt ASIC miners?
Post by: hostmaster on February 03, 2014, 05:53:02 PM
coins have to be launched differently now, we cant allow these people to collect massive amounts of every coin the first day, they are essentially completely controlling the market when they end up with 60% or more of the coins mined. it defeats the purpose of cryptos when theirs no decentralization of mining like is starting to happen
+1 where is the idea of freedom for users?
we must make sure each person equally benefit alsoit's good in generalwise coin economy to market...


Title: Re: Scrypt ASIC miners?
Post by: anderl on February 03, 2014, 06:02:46 PM
coins have to be launched differently now, we cant allow these people to collect massive amounts of every coin the first day, they are essentially completely controlling the market when they end up with 60% or more of the coins mined. it defeats the purpose of cryptos when theirs no decentralization of mining like is starting to happen
+1 where is the idea of freedom for users?
we must make sure each person equally benefit alsoit's good in generalwise coin economy to market...

Yeah I agree!!!  Down with those GPU mining farms.  We should ban GPUs and engineer coins to be GPU resistant.  It sucks that they can mine tons of coins in the first day while us CPU miners can only get a few at a time because difficulty skyrockets!!!