Bitcoin Forum

Other => Beginners & Help => Topic started by: Reclaim3r on June 06, 2014, 12:46:18 AM



Title: The future of ASIC mining?
Post by: Reclaim3r on June 06, 2014, 12:46:18 AM
Bitcoin mining has come a long way, starting from plain old CPU's to blazingly fast ASIC's.
However, Silicon will reach its limit ( albeit in a long time  ;) ) and the age of ASIC just might be over.
So what is the future of mining beyond ASIC's? Are their any other viable options?
I've seen graphene, but it looks too new to implement a fully operable mining ASIC.
Quantum Computing looks tempting but that's really stressing a Venture Capitalists wallet.


Title: Re: The future of ASIC mining?
Post by: DolanDuck on June 06, 2014, 05:35:12 AM
It appears that silicon will see another day. In an about-face move, IBM has revealed that graphene can't fully replace silicon inside CPUs.
A graphene transistor can't actually be completely switched off.


Title: Re: The future of ASIC mining?
Post by: Salmon1989 on June 06, 2014, 07:52:29 AM
Yup, the Moore’s law won't hold forever, due to the quantum effect.

http://www.youtube.com/watch?v=rtI5wRyHpTg
http://ieeexplore.ieee.org/stamp/stamp.jsp?arnumber=04567410



Title: Re: The future of ASIC mining?
Post by: Harley997 on June 09, 2014, 11:35:46 PM
Bitcoin mining has come a long way, starting from plain old CPU's to blazingly fast ASIC's.
However, Silicon will reach its limit ( albeit in a long time  ;) ) and the age of ASIC just might be over.
So what is the future of mining beyond ASIC's? Are their any other viable options?
I've seen graphene, but it looks too new to implement a fully operable mining ASIC.
Quantum Computing looks tempting but that's really stressing a Venture Capitalists wallet.

ASICs by definition is the last kind of mining devices that will be developed.

With that being said developers will likely develop ASICs that are much more efficient by today's standards. Just look at where we were less then a year ago in terms of hashrate and electric consumption by ASICs


Title: Re: The future of ASIC mining?
Post by: leoragraves666 on June 09, 2014, 11:39:28 PM
With 28nm we are hitting the limit for now. Besides that it is too expensive to produce.


Title: Re: The future of ASIC mining?
Post by: Harley997 on June 11, 2014, 02:22:51 AM
With 28nm we are hitting the limit for now. Besides that it is too expensive to produce.

Developers came come up with more advanced technology.

The most expensive costs of technology is generally the cost of R & D. As the 28nm machines are sold in more quantities they can be sold for less as this R & D cost is less on a per machine basis.