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Title: ETH GPUs miners beware! Post by: beachbummer on February 12, 2018, 03:24:58 PM There are rumours that Bitmain has set its sights on ETH and will be releasing an ASIC in Q2 or Q3 of this year!
https://www.cryptoinfomag.com/2018/02/12/eth-asic-arriving-soon/ Title: Re: ETH GPUs miners beware! Post by: Goiyax001 on February 12, 2018, 03:44:24 PM OH No, this is gonna be bad, what will happen to GPU miners it will go down to algo and the current of price? i've heard also 20 series nvia will released not compatible for the mining holy crap.
Title: Re: ETH GPUs miners beware! Post by: Eyedol-X on February 12, 2018, 03:51:09 PM There are rumours that Bitmain has set its sights on ETH and will be releasing an ASIC in Q2 or Q3 of this year! https://www.cryptoinfomag.com/2018/02/12/eth-asic-arriving-soon/ LoL Title: Re: ETH GPUs miners beware! Post by: d57heinz on February 12, 2018, 04:04:54 PM Ahh so Maybe this has some merit. I mean it’s only asic resistant. Nothing is asic proof. Just may not be super efficient “yet”. Anyway. I found this article you’ll have to translate. Looks like Bitmain has been some busy bees. I do have to hand it to them they work hard. I may have had my disagreements with them on practices etc but hands down they work damn hard.
http://technews.cn/2018/02/12/bitmain-tsmc-dram/ BR Title: Re: ETH GPUs miners beware! Post by: d57heinz on February 12, 2018, 04:07:21 PM OH No, this is gonna be bad, what will happen to GPU miners it will go down to algo and the current of price? i've heard also 20 series nvia will released not compatible for the mining holy crap. Lol on the 20 series. Nvidia answers to shareholders. They talk like crypto wasn’t the bulk of sales but that’s bs. They will work fine for crypto or watch their share price and sales tumble. I honestly don’t believe this one bit. BR Title: Re: ETH GPUs miners beware! Post by: Metroid on February 12, 2018, 04:13:41 PM I said this a month ago and trolls as always laughed at me, anyway the end of gpu mining might be into us cause equihash asic prototype has been finalized and are through tests right now. As soon as ethash and equihash are asiced then will not be anything to miners. The end is near trolls, thankgod eth will be going pos, so bitmain and other gpu killers will shoot themselves.
Title: Re: ETH GPUs miners beware! Post by: Eyedol-X on February 12, 2018, 04:21:30 PM Ahh so Maybe this has some merit. I mean it’s only asic resistant. Nothing is asic proof. Just may not be super efficient “yet”. Anyway. I found this article you’ll have to translate. Looks like Bitmain has been some busy bees. I do have to hand it to them they work hard. I may have had my disagreements with them on practices etc but hands down they work damn hard. http://technews.cn/2018/02/12/bitmain-tsmc-dram/ BR Interesting to see what they come back with and how quickly ETH will fast track POS or if they will be able to get it done in time. ETC I suspect won't do any significant changes because of it. At this point from what I'm reading, it looks like this won't do too well for equihash algos but who knows what the final product will look like. EDIT: Saw above comments about the Equihash algos Asic. This should be good :D Title: Re: ETH GPUs miners beware! Post by: manji on February 12, 2018, 04:43:56 PM oh .. what will happen with my GPUs, maybe the GPUs will be idle or be the toy that is on the wall and the sellers will be a bit disappointed because they have stock his gpu in large quantity also they will be short of profits and gamers a little happy because the price of GPUs will be normal again. But good is the rumours. we'll see what happens if Bitmain releases.
Title: Re: ETH GPUs miners beware! Post by: smoolae on February 12, 2018, 04:50:08 PM Title: Re: ETH GPUs miners beware! Post by: AngelSky on February 12, 2018, 05:00:24 PM There are rumours that Bitmain has set its sights on ETH and will be releasing an ASIC in Q2 or Q3 of this year! https://www.cryptoinfomag.com/2018/02/12/eth-asic-arriving-soon/ Have you confirmed that there is no any official press release confirmation from the Bitmain team. If they comes with this proposal it will good when the time difficulty increases on the mining ethereum. Hope this resolve the mining ethereum with the cards to ASIC machines. Lets for some months to find this will become true or not. Title: Re: ETH GPUs miners beware! Post by: dhouse on February 12, 2018, 05:04:26 PM Man I want one of those if they exist
Title: Re: ETH GPUs miners beware! Post by: hashestohashes on February 12, 2018, 05:07:17 PM Bitmain is just guppies in the pond if Samsung brings the guns to the table.
Title: Re: ETH GPUs miners beware! Post by: bosshoss00 on February 12, 2018, 05:13:05 PM right, I always thought the cost of DDR5 memory was the limiting factor here at least for Eth
Title: Re: ETH GPUs miners beware! Post by: vuli on February 12, 2018, 05:17:13 PM mah, that's bullshit.
Title: Re: ETH GPUs miners beware! Post by: Eyedol-X on February 12, 2018, 05:18:57 PM There are rumours that Bitmain has set its sights on ETH and will be releasing an ASIC in Q2 or Q3 of this year! https://www.cryptoinfomag.com/2018/02/12/eth-asic-arriving-soon/ Have you confirmed that there is no any official press release confirmation from the Bitmain team. If they comes with this proposal it will good when the time difficulty increases on the mining ethereum. Hope this resolve the mining ethereum with the cards to ASIC machines. Lets for some months to find this will become true or not. Well it's on a Chinese Tech News Site today as well - http://technews.cn/2018/02/12/bitmain-tsmc-dram/ Either it's complete BS story or there is some truth to it. Use Google Chrome to Translate. Title: Re: ETH GPUs miners beware! Post by: syrius on February 12, 2018, 05:19:14 PM This must not happen.
Title: Re: ETH GPUs miners beware! Post by: AlexHa on February 12, 2018, 05:21:53 PM Thankyou!
Title: Re: ETH GPUs miners beware! Post by: Metroid on February 12, 2018, 05:23:49 PM right, I always thought the cost of DDR5 memory was the limiting factor here at least for Eth Is limiting the factor x profit, from the words of charlie lee himself, "nothing can avoid to asic it if a coin becomes so popular" and you trolls should always remember that. As long as gpu mining a coin is at the beginning then nothing to worry about asics, ethash and equihash are popular, so gameover to gpus. Right now ethash network is fully protected, nobody can have 51% total hashrate, with asics that can be true, right now eth hashrate is totally decentralized, btc hashrate is mostly centralized and that is bad. By the way, this is a good thing, this will stop retailers selling rx 580 for $1000 and the way things are, soon a rx $580 will be $3000 or even $5000 because there is no stopping to stupidity. As soon as asics hit equihash and ethash then gpus from $1000 will be sold for $100 and then $50. Gamers will have all the gpus they would ever need or wanted hehe Title: Re: ETH GPUs miners beware! Post by: Tidsdilatation on February 12, 2018, 05:36:17 PM This is expected isnt it? Isnt this kind of the reason they want to switch from PoW to PoS? There is no such thing as "ASIC resistant algorithm", it just takes longer/expensiver hardware to make an asic to these algos, which does not make it profitable. Yet.
Title: Re: ETH GPUs miners beware! Post by: ruthbabe on February 12, 2018, 05:50:04 PM oh .. what will happen with my GPUs, maybe the GPUs will be idle or be the toy that is on the wall and the sellers will be a bit disappointed because they have stock his gpu in large quantity also they will be short of profits and gamers a little happy because the price of GPUs will be normal again. But good is the rumours. we'll see what happens if Bitmain releases. Why panic in the first place. Ethereum is not the only coin. There are lots of profitable coins out there that can be mined through GPU like Monero, Zcash, Bitcoin Gold among others. Also, the Equihash algorithm is more profitable right now than mining Ether as there are no DAG file issues. Title: Re: ETH GPUs miners beware! Post by: pickleburglar on February 12, 2018, 05:57:12 PM Right now ethash network is fully protected, nobody can have 51% total hashrate, with asics that can be true, right now eth hashrate is totally decentralized, btc hashrate is mostly centralized and that is bad. ETH also has a very functional and active dev team. If eth ASIC's should materialize, they might just do a fork to change the algorithm a bit, it would be in the interest of the network. Then bitmain will be stuck with a pile of useless hardware that took millions to develop and manufacture, that kind of lesson would serve as the best ASIC deterrent. Title: Re: ETH GPUs miners beware! Post by: ultiman2 on February 12, 2018, 06:04:30 PM I said this a month ago and trolls as always laughed at me, anyway the end of gpu mining might be into us cause equihash asic prototype has been finalized and are through tests right now. As soon as ethash and equihash are asiced then will not be anything to miners. The end is near trolls, thankgod eth will be going pos, so bitmain and other gpu killers will shoot themselves. some neoscrypt coins are not so bad for now Title: Re: ETH GPUs miners beware! Post by: d57heinz on February 12, 2018, 06:06:54 PM Right now ethash network is fully protected, nobody can have 51% total hashrate, with asics that can be true, right now eth hashrate is totally decentralized, btc hashrate is mostly centralized and that is bad. ETH also has a very functional and active dev team. If eth ASIC's should materialize, they might just do a fork to change the algorithm a bit, it would be in the interest of the network. Then bitmain will be stuck with a pile of useless hardware that took millions to develop and manufacture, that kind of lesson would serve as the best ASIC deterrent. A lot of people thought the same with sia. That did not happen. It’s good to keep things decentralized and open market. There will be a use for these ASICS regardless of Eth ever goes pos. Which btw hasn’t happened for last cpl years but has been a “threat” for many reasons as I have witnessed. We should let it play out and see where it goes. BR Title: Re: ETH GPUs miners beware! Post by: john.eck on February 12, 2018, 09:36:43 PM What website is this? From what source they have this info? It sounds like bulls**t.
But ETH will switch to POS anyway so if there would be an asic for eth than you wouldn't be able to use it for long. Title: Re: ETH GPUs miners beware! Post by: dohfish on February 12, 2018, 10:35:54 PM I smell BS - We all know that the amount of RAM is not really important, but more the speed of the RAM which as not been stated at any point.
Title: Re: ETH GPUs miners beware! Post by: john.eck on February 12, 2018, 10:50:28 PM I smell BS - We all know that the amount of RAM is not really important, but more the speed of the RAM which as not been stated at any point. I agree to you. I have tested a Radeon Pro Duo with 32 GB memory and the result was 48 MHS for ETH. 24 MHS each processor from the GPU. So it didn't matter if it had more memory. Title: Re: ETH GPUs miners beware! Post by: cryptogirls85 on February 12, 2018, 10:54:59 PM This is expected isnt it? Isnt this kind of the reason they want to switch from PoW to PoS? There is no such thing as "ASIC resistant algorithm", it just takes longer/expensiver hardware to make an asic to these algos, which does not make it profitable. Yet. So the term "Asic resistant" is BS?... I always thought those algorithms that declared this were truly Resistant. ??? Well.... one more "sure thing" I thought I knew just went down the drain ;D Title: Re: ETH GPUs miners beware! Post by: FloppyPurpleGherkin on February 12, 2018, 11:15:27 PM Algorithms are 10-a-penny so this is a non-issue even if true..
Title: Re: ETH GPUs miners beware! Post by: whitrzac on February 12, 2018, 11:18:44 PM Its reportedly using DDR3 memory...
6 cores on each board 32gb on each board 3 boards per machine of DDR3... So one machine would be the equivalent of an 18gpu rig, providing that the asic cores are roughly as fast. Title: Re: ETH GPUs miners beware! Post by: Metroid on February 12, 2018, 11:27:55 PM The funny thing is all ethash and equihash clone coins will be dead too as gpu mining. I guess right now the only coin which has not even concrete evidence of an asic is monero, maybe monero will be the only coin to survive the asicapocalypse.
Title: Re: ETH GPUs miners beware! Post by: cdog on February 12, 2018, 11:29:00 PM There are rumours that Bitmain has set its sights on ETH and will be releasing an ASIC in Q2 or Q3 of this year! oh my god, sure the Ethereum difficulties will go up again and the GPU miners will be sad including me, if this happens we should look for an alternative Ethereumhttps://www.cryptoinfomag.com/2018/02/12/eth-asic-arriving-soon/ Title: Re: ETH GPUs miners beware! Post by: Metroid on February 12, 2018, 11:30:18 PM There are rumours that Bitmain has set its sights on ETH and will be releasing an ASIC in Q2 or Q3 of this year! oh my god, sure the Ethereum difficulties will go up again and the GPU miners will be sad including me, if this happens we should look for an alternative Ethereumhttps://www.cryptoinfomag.com/2018/02/12/eth-asic-arriving-soon/ The only alternative will be cryptonight coins, there will be nothing else profitable. Title: Re: ETH GPUs miners beware! Post by: 2drive on February 12, 2018, 11:30:54 PM Maybe, sadness for GPU miners
Title: Re: ETH GPUs miners beware! Post by: StGermain on February 12, 2018, 11:34:09 PM There are rumours that Bitmain has set its sights on ETH and will be releasing an ASIC in Q2 or Q3 of this year! https://www.cryptoinfomag.com/2018/02/12/eth-asic-arriving-soon/ Just FUD. Nobody is stupid enought to dedicate resources to create an ETH ASIC knowing that the main chain Ethereum may go PoS at any time this year. Title: Re: ETH GPUs miners beware! Post by: Vann on February 12, 2018, 11:35:10 PM Title: Re: ETH GPUs miners beware! Post by: Metroid on February 12, 2018, 11:52:19 PM There are rumours that Bitmain has set its sights on ETH and will be releasing an ASIC in Q2 or Q3 of this year! https://www.cryptoinfomag.com/2018/02/12/eth-asic-arriving-soon/ Just FUD. Nobody is stupid enought to dedicate resources to create an ETH ASIC knowing that the main chain Ethereum may go PoS at any time this year. Do you think they will sell this? they will mine a lot before they do that, nobody will public say it, people will never notice why their profits decreased 1000%, right now if you are earning $1 per card, with asics will be $0.10 hehe per card per day hehe and if you pay $1000 for a rx 580 then will take billions of years to get your roi hehe, another planet has to be born for the trolls paying $1000 to get their roi hehe Right now, prototypes are already mining a lot of eth hehe, you think gpus are increasing the difficulty that fast? think again young padwan hehe This is so much fun, while idiots are buying rx 580 for $1000 for 30mhs, bitmain and co are bulding eth asics that cost the same $1000 for 300mhs hehe Title: Re: ETH GPUs miners beware! Post by: bigdude on February 12, 2018, 11:57:45 PM oh .. what will happen with my GPUs, maybe the GPUs will be idle or be the toy that is on the wall and the sellers will be a bit disappointed because they have stock his gpu in large quantity also they will be short of profits and gamers a little happy because the price of GPUs will be normal again. But good is the rumours. we'll see what happens if Bitmain releases. Why panic in the first place. Ethereum is not the only coin. There are lots of profitable coins out there that can be mined through GPU like Monero, Zcash, Bitcoin Gold among others. Also, the Equihash algorithm is more profitable right now than mining Ether as there are no DAG file issues. GPU have many coins out that can mined and someday it would bring you very nice and surprise profits. You can easy to switch to any coins not like Asic one. Title: Re: ETH GPUs miners beware! Post by: Metroid on February 13, 2018, 12:02:35 AM Total agree with you. GPU have many coins out that can mined and someday it would bring you very nice and surprise profits. You can easy to switch to any coins not like Asic one. I like how you trolls keep so optimistic about the whole thing. "hey, don't worry, we will always have a trollcoin to mine and get rich fast" hehe, so much fun, you trolls are hilarious and yet so deceptive to each other, but don't worry reality will hit your troll face like nothing else hehe Title: Re: ETH GPUs miners beware! Post by: dohfish on February 13, 2018, 12:06:27 AM Its reportedly using DDR3 memory... 6 cores on each board 32gb on each board 3 boards per machine of DDR3... So one machine would be the equivalent of an 18gpu rig, providing that the asic cores are roughly as fast. Nowhere near as fast as a 18GPU rig - There's no point here, the DDR3 memory is no were near as fast as the memory on a regular GPU - Not even close. ETHash is memory bound, it doesnt matter if the asic has 24 cores per machine, it will be limited by the ram speed as all the calculations are done in RAM. This is why this machine is fake, there's no point really, they would require GDDR5 ram, which is really expenssive compared to regular ram, but its also much faster - Secondly, there's 0 need for 32GB of RAM, a ASIC made for ETHash would not have 32GB of RAM as the algo requires FAST ram so stuffing it with more RAM than needed will simply drive the price up even more, making it even less attractive. The algo that ether runs on, is asic "secure", you can indeed create a asic for ether mining, but it will be no more effective than GPUs as you are limited by the RAM speeds - They might be cheaper than purchasing X GPU's since they can probably get away with cheaper overall hardware, but there's basically no point as their supply would be limited in a much larger scale than GPUs. Oh an Metroid, not sure why you are like this, but just stop what you are doing, the only troll here is you. Title: Re: ETH GPUs miners beware! Post by: jstefanop on February 13, 2018, 12:14:13 AM This kind of makes sense assuming the numbers are correct for 32GB per 6 asics on each board. That means about 5GB of memory for each asic. If they are really using DDR3 (which again makes sense for an ASIC style eth design, since 96 GB of GDDR5 would be crazy expensive), they could probably get away with a 256 bit memory bus running at 933mhz (near max of DDR3). That would translate to about 60GB/s per asic or about 7mh, x 6 = 42 MH per board or 126 mh per machine at probably 200-300 watts.
Nothing crazy but is the equivalent of a 6 GPU rig, for probably half the power cost at half the USD cost. Title: Re: ETH GPUs miners beware! Post by: dohfish on February 13, 2018, 12:17:45 AM This kind of makes sense assuming the numbers are correct for 32GB per 6 asics on each board. That means about 5GB of memory for each asic. If they are really using DDR3 (which again makes sense for an ASIC style eth design, since 96 GB of GDDR5 would be crazy expensive), they could probably get away with a 256 bit memory bus running at 933mhz (near max of DDR3). That would translate to about 60GB/s per asic or about 7mh, x 6 = 42 MH per board or 126 mh per machine at probably 200-300 watts. Nothing crazy but is the equivalent of a 6 GPU rig, for probably half the power cost at half the USD cost. Thats naturally also a thing, power usage might be better - Im still not seeing this as a game changer, bitmain is not exactly known for being able to keep up with demand :) Title: Re: ETH GPUs miners beware! Post by: gotminer on February 13, 2018, 01:34:37 AM Total agree with you. GPU have many coins out that can mined and someday it would bring you very nice and surprise profits. You can easy to switch to any coins not like Asic one. I like how you trolls keep so optimistic about the whole thing. "hey, don't worry, we will always have a trollcoin to mine and get rich fast" hehe, so much fun, you trolls are hilarious and yet so deceptive to each other, but don't worry reality will hit your troll face like nothing else hehe hehe Title: Re: ETH GPUs miners beware! Post by: Techis404 on February 13, 2018, 01:57:48 AM Bitmain is just guppies in the pond if Samsung brings the guns to the table. I wouldn't be so sure. Samsung has a board of directors and old money stiffs that want to jabber over it. Bitmain is certainly more centrally controlled and able to more quickly take action on things. While samsung is getting approval on parts, bitmain has already worked some team of people to near death prototyping. If they beat Samsung to market by only a month, it probably wont' even make sense for Samsung to enter. If samsung has insider info on this, they'd probably just suspend it all together. This is just me speculating. Title: Re: ETH GPUs miners beware! Post by: CryptoWatcher420 on February 13, 2018, 02:16:33 AM Its reportedly using DDR3 memory... 6 cores on each board 32gb on each board 3 boards per machine of DDR3... So one machine would be the equivalent of an 18gpu rig, providing that the asic cores are roughly as fast. Nowhere near as fast as a 18GPU rig - There's no point here, the DDR3 memory is no were near as fast as the memory on a regular GPU - Not even close. ETHash is memory bound, it doesnt matter if the asic has 24 cores per machine, it will be limited by the ram speed as all the calculations are done in RAM. This is why this machine is fake, there's no point really, they would require GDDR5 ram, which is really expenssive compared to regular ram, but its also much faster - Secondly, there's 0 need for 32GB of RAM, a ASIC made for ETHash would not have 32GB of RAM as the algo requires FAST ram so stuffing it with more RAM than needed will simply drive the price up even more, making it even less attractive. The algo that ether runs on, is asic "secure", you can indeed create a asic for ether mining, but it will be no more effective than GPUs as you are limited by the RAM speeds - They might be cheaper than purchasing X GPU's since they can probably get away with cheaper overall hardware, but there's basically no point as their supply would be limited in a much larger scale than GPUs. Oh an Metroid, not sure why you are like this, but just stop what you are doing, the only troll here is you. this is awesome, bout time someone else pointed out how much of a troll Metroid is. maybe his roids are acting up again ROFL Title: Re: ETH GPUs miners beware! Post by: gotminer on February 13, 2018, 02:27:31 AM Its reportedly using DDR3 memory... 6 cores on each board 32gb on each board 3 boards per machine of DDR3... So one machine would be the equivalent of an 18gpu rig, providing that the asic cores are roughly as fast. Nowhere near as fast as a 18GPU rig - There's no point here, the DDR3 memory is no were near as fast as the memory on a regular GPU - Not even close. ETHash is memory bound, it doesnt matter if the asic has 24 cores per machine, it will be limited by the ram speed as all the calculations are done in RAM. This is why this machine is fake, there's no point really, they would require GDDR5 ram, which is really expenssive compared to regular ram, but its also much faster - Secondly, there's 0 need for 32GB of RAM, a ASIC made for ETHash would not have 32GB of RAM as the algo requires FAST ram so stuffing it with more RAM than needed will simply drive the price up even more, making it even less attractive. The algo that ether runs on, is asic "secure", you can indeed create a asic for ether mining, but it will be no more effective than GPUs as you are limited by the RAM speeds - They might be cheaper than purchasing X GPU's since they can probably get away with cheaper overall hardware, but there's basically no point as their supply would be limited in a much larger scale than GPUs. Oh an Metroid, not sure why you are like this, but just stop what you are doing, the only troll here is you. this is awesome, bout time someone else pointed out how much of a troll Metroid is. maybe his roids are acting up again ROFL I heard that he got medication for the roids. It's not 100% confirmed, but I know myself and others in the community certainly wish him well as far as his health is concerned :) Pretty sure that I gave him this number already, but I'm going to post it again ... Metroid ... If you truly need help ... The number for the suicide hotline in the USA is 1-800-273-8255. They are avaiable 24/7. Please do not hesitate to call. You do not have to do anything drastic. I want you to get back into your right mindset and be well again. We are all here for you. Title: Re: ETH GPUs miners beware! Post by: Juggar on February 13, 2018, 02:34:25 AM Its reportedly using DDR3 memory... 6 cores on each board 32gb on each board 3 boards per machine of DDR3... So one machine would be the equivalent of an 18gpu rig, providing that the asic cores are roughly as fast. Nowhere near as fast as a 18GPU rig - There's no point here, the DDR3 memory is no were near as fast as the memory on a regular GPU - Not even close. ETHash is memory bound, it doesnt matter if the asic has 24 cores per machine, it will be limited by the ram speed as all the calculations are done in RAM. This is why this machine is fake, there's no point really, they would require GDDR5 ram, which is really expenssive compared to regular ram, but its also much faster - Secondly, there's 0 need for 32GB of RAM, a ASIC made for ETHash would not have 32GB of RAM as the algo requires FAST ram so stuffing it with more RAM than needed will simply drive the price up even more, making it even less attractive. The algo that ether runs on, is asic "secure", you can indeed create a asic for ether mining, but it will be no more effective than GPUs as you are limited by the RAM speeds - They might be cheaper than purchasing X GPU's since they can probably get away with cheaper overall hardware, but there's basically no point as their supply would be limited in a much larger scale than GPUs. Oh an Metroid, not sure why you are like this, but just stop what you are doing, the only troll here is you. this is awesome, bout time someone else pointed out how much of a troll Metroid is. maybe his roids are acting up again ROFL I heard that he got medication for the roids. It's not 100% confirmed, but I know myself and others in the community certainly wish him well as far as his health is concerned :) Pretty sure that I gave him this number already, but I'm going to post it again ... Metroid ... If you truly need help ... The number for the suicide hotline in the USA is 1-800-273-8255. They are avaiable 24/7. Please do not hesitate to call. You do not have to do anything drastic. I want you to get back into your right mindset and be well again. We are all here for you. Agreed, Metroid needs help. the non stop "suicide" shit is very telling. Title: Re: ETH GPUs miners beware! Post by: BennyT on February 13, 2018, 02:44:07 AM What a dumb article. Everyone knows size is irrelevant. Who cares about a 32gb board? If it was the same memory as a 1070, it would cost over $100,000. How does this make any sense at all?
Title: Re: ETH GPUs miners beware! Post by: Spill on February 13, 2018, 03:46:51 AM Guys Calm Down, this is old News, Ive read about these already this past june. Its not a real ASIC, it can only hash like 220-240 M/h,
Whats that like a 7 card 580 rig? Nothing to worry about. ::) I am impressed that they can even get that much hash with DDR3. 8) Title: Re: ETH GPUs miners beware! Post by: t1192002 on February 13, 2018, 04:48:13 AM By the way, this is a good thing, this will stop retailers selling rx 580 for $1000 and the way things are, soon a rx $580 will be $3000 or even $5000 because there is no stopping to stupidity. As soon as asics hit equihash and ethash then gpus from $1000 will be sold for $100 and then $50. Gamers will have all the gpus they would ever need or wanted hehe You got a good point. But how about the miners who invest multi million on GPU rigs. I feel sorry for them. Anyway, I personally prefer anti ASIC :)). Title: Re: ETH GPUs miners beware! Post by: ten9 on February 13, 2018, 06:29:56 AM There are rumours that Bitmain has set its sights on ETH and will be releasing an ASIC in Q2 or Q3 of this year! https://www.cryptoinfomag.com/2018/02/12/eth-asic-arriving-soon/ Just FUD. Nobody is stupid enought to dedicate resources to create an ETH ASIC knowing that the main chain Ethereum may go PoS at any time this year. Do you think they will sell this? they will mine a lot before they do that, nobody will public say it, people will never notice why their profits decreased 1000%, right now if you are earning $1 per card, with asics will be $0.10 hehe per card per day hehe and if you pay $1000 for a rx 580 then will take billions of years to get your roi hehe, another planet has to be born for the trolls paying $1000 to get their roi hehe Right now, prototypes are already mining a lot of eth hehe, you think gpus are increasing the difficulty that fast? think again young padwan hehe This is so much fun, while idiots are buying rx 580 for $1000 for 30mhs, bitmain and co are bulding eth asics that cost the same $1000 for 300mhs hehe Title: Re: ETH GPUs miners beware! Post by: deadsix on February 13, 2018, 09:49:32 AM This kind of makes sense assuming the numbers are correct for 32GB per 6 asics on each board. That means about 5GB of memory for each asic. If they are really using DDR3 (which again makes sense for an ASIC style eth design, since 96 GB of GDDR5 would be crazy expensive), they could probably get away with a 256 bit memory bus running at 933mhz (near max of DDR3). That would translate to about 60GB/s per asic or about 7mh, x 6 = 42 MH per board or 126 mh per machine at probably 200-300 watts. Nothing crazy but is the equivalent of a 6 GPU rig, for probably half the power cost at half the USD cost. I think theres some faulty math going on here, the article says 6 chips and 32gb per board, 3 boards, and a total of 72gb. Also it says 32 1GB chips ... how many 1GB DDR3 chips have you ever seen jstenfanop? Now if it were 24gb per board, that would make some sense as thats 6 x 4 so each asic/gpu gets 4gb. In any case, no chip designer is going to go with ddr3, and a 28nm process for prod, maybe for a test/tapeout but not full scale prod, it'd just be stupid. This is just pure vaporware. Also guys quit hating on Metroid, hes just salty he missed the mining bus, let him enjoy these few moments he gets, however fake they may be. Title: Re: ETH GPUs miners beware! Post by: CryptoDocker on February 13, 2018, 09:53:42 AM They are going to be asking an exorbitant price anyway that will never ROI and its not like the hashrate will sky rocket? By the sounds of things its not a massive improvement over medium size GPU rigs
Title: Re: ETH GPUs miners beware! Post by: ggbtctalk000 on February 13, 2018, 11:34:48 AM looked at some coins and alg at whattomine.com, there are about dozen of algorithms but yes most profitable appears to be ethash and equihash.
I am also working on centOS based algorithm that lets you - switch to other algorithm,coin in a matter of few minutes a arbitrary number of miner (100, 1000-s) - integrate new coin, miner less than few hours. - check status of all miners and GPU health temperature etc from one http page. - Calculate most efficient power band for GPU. It seems lot of these I am working on is similar to hiveOS but I havent tried haveOS yet not sure if it can control 100, 1000-s of miners simultaneosly. Anyways, let me know if it interests you in any way. Title: Re: ETH GPUs miners beware! Post by: Khurram Bin Kamal on February 13, 2018, 07:57:22 PM If ever these Asic machines are to be launched than it will be the end for all gpu mining coin on different algos bcz current gpu will be pointed towards them and I think this Asic machine is already in testing because the ETH hashrate has jumped to 220k gh/s from 110k in just a few days and the gpu cards are not easily available due to chip shortages.
So when F3 is launched it will be the most sought after Asic and like A3 will give 500$ per day for early adopters and will gradually come down to 30$ per day. Title: Re: ETH GPUs miners beware! Post by: Metroid on February 13, 2018, 08:13:11 PM I think this Asic machine is already in testing because the ETH hashrate has jumped to 220k gh/s from 110k in just a few days and the gpu cards are not easily available due to chip shortages. I told this a month ago, trolls laughed at me, anyway as it stands, there is no hope for 2018 yet. GPU mining will die in 2018! If I was a miner, I would stop buying gpus and be patient. Also if I was an idiot, I would stop buying rx 580 for $1000 and instead buy eth while its cheap. Title: Re: ETH GPUs miners beware! Post by: Vann on February 13, 2018, 08:17:19 PM I think this Asic machine is already in testing because the ETH hashrate has jumped to 220k gh/s from 110k in just a few days and the gpu cards are not easily available due to chip shortages. I told this a month ago, trolls laughed at me, anyway as it stands, there is no hope for 2018 yet. GPU mining will die in 2018! If I was a miner, I would stop buying gpus and be patient. Probably because like this BS article, it never happened. https://image.ibb.co/bxFB5n/chart.png https://etherscan.io/chart/hashrate Title: Re: ETH GPUs miners beware! Post by: percy_tc on February 13, 2018, 08:19:58 PM Well this is intresting. What if Bitmain is the secret company who ordered chips from Samsung? :o
Title: Re: ETH GPUs miners beware! Post by: BennyT on February 13, 2018, 08:20:25 PM Look at the difference between the top hash power and second place
https://eth.nanopool.org Title: Re: ETH GPUs miners beware! Post by: Metroid on February 13, 2018, 08:23:16 PM Probably because like this BS article, it never happened. Like any other troll out there, it must be difficult for you to accept reality but don't worry as soon as profit is drastically decreased then you will start to accept it, I don't think they will make eth asics public just yet. Title: Re: ETH GPUs miners beware! Post by: Metroid on February 13, 2018, 08:25:27 PM Nvidia already said it will not focus on mining in 2018 and that tells us they know there is something they cant compete with.
Title: Re: ETH GPUs miners beware! Post by: generalheed on February 13, 2018, 08:27:42 PM I wonder if this means an ASIC for cryptonote coins like Monero are just on the horizon then? I don't know the exact details but I think some of the reasons cryptonote is ASIC-resistant are the same as ETH.
Title: Re: ETH GPUs miners beware! Post by: Vann on February 13, 2018, 08:30:12 PM Look at the difference between the top hash power and second place https://eth.nanopool.org So there are ETH farms? If Bitmain were testing an ASIC for ETH, do you really think they would make it obvious by mining on a public pool? Nobody knew about the SIA Bitmain A3 until ASIC's for SIA were already announced for it and it was available for pre order from Bitmain for delivery in days. But you believe somehow Bitmain coming out with an ASIC for ETH, that nobody has been able to do for years is announced months ahead of time? LOL Title: Re: ETH GPUs miners beware! Post by: Metroid on February 13, 2018, 08:44:16 PM I wonder if this means an ASIC for cryptonote coins like Monero are just on the horizon then? I don't know the exact details but I think some of the reasons cryptonote is ASIC-resistant are the same as ETH. I already said about a month ago that there are not asics in the roadmap for monero, only ethash and equihash, developing asics take time and also there is a queue. Title: Re: ETH GPUs miners beware! Post by: BitcoinSupremo on February 13, 2018, 08:59:05 PM I wonder if this means an ASIC for cryptonote coins like Monero are just on the horizon then? I don't know the exact details but I think some of the reasons cryptonote is ASIC-resistant are the same as ETH. I already said about a month ago that there are not asics in the roadmap for monero, only ethash and equihash, developing asics take time and also there is a queue. So I should start to worry about my investment about 12 mining rigs with 6 x GPU each mining Ethereum at 182 Mhash each. I had in plan to reinvest 100% of the coins I am making from these rigs and build other rigs. Checking the performance of Monero though, it is not something I would do. That would be very sad for me, if this ASICS for Ethash and Equihash come into place. Title: Re: ETH GPUs miners beware! Post by: Dlikrot on February 13, 2018, 09:03:38 PM It it's true it will certainly be interesting. Maybe Eth is going PoS in a heartbeat if that happens? But; I would certainly risk it and buy a couple xD
Title: Re: ETH GPUs miners beware! Post by: Metroid on February 13, 2018, 09:04:18 PM So I should start to worry about my investment about 12 mining rigs with 6 x GPU each mining Ethereum at 182 Mhash each. I had in plan to reinvest 100% of the coins I am making from these rigs and build other rigs. Checking the performance of Monero though, it is not something I would do. That would be very sad for me, if this ASICS for Ethash and Equihash come into place. The only concerning about cryptonight is the millions of gpus moving to it hehe Title: Re: ETH GPUs miners beware! Post by: dohfish on February 13, 2018, 09:40:49 PM Nvidia already said it will not focus on mining in 2018 and that tells us they know there is something they cant compete with. Spinning the rumors here are we? Nvidia are not focusing on mining as they dont need to, why would they? They sell all the cards they can produce, same as AMD so why focus on something that are already profitable for them. Mining is not going to die in 2018, neither are ASICs coming the ethash in 2018, and even if they do come, they will not make any huge dents in the network hashrate simply due to the way ethash is constructed. Anyone saying otherwise are technically not worthy to talk about this. Mining at the moment is 4-5 times more profitable than a year ago, even if it drops to 1/5th of what it is today, im still making a decent profit from my machines - If that happens it is not due to some fantasy ASIC that some random website decides to spread rumours about. Title: Re: ETH GPUs miners beware! Post by: Metroid on February 13, 2018, 09:58:01 PM Nvidia already said it will not focus on mining in 2018 and that tells us they know there is something they cant compete with. Spinning the rumors here are we? Nvidia are not focusing on mining as they dont need to, why would they? They sell all the cards they can produce, same as AMD so why focus on something that are already profitable for them. Mining is not going to die in 2018, neither are ASICs coming the ethash in 2018, and even if they do come, they will not make any huge dents in the network hashrate simply due to the way ethash is constructed. Anyone saying otherwise are technically not worthy to talk about this. Mining at the moment is 4-5 times more profitable than a year ago, even if it drops to 1/5th of what it is today, im still making a decent profit from my machines - If that happens it is not due to some fantasy ASIC that some random website decides to spread rumours about. I feel your rage, you must be new to mining and must have paid a lot of money for gpus. There are lots of desperate people around, even integrated gpus they are using to get some few khashes hehe. So to rephrase, Nvidia said it would focus on mining in 2018 and now they said they will not, see my point, they know something that they cant compete with and this thing is recent, about a month, probably they have the same source as I have. Title: Re: ETH GPUs miners beware! Post by: Branko on February 13, 2018, 10:30:00 PM Nvidia already said it will not focus on mining in 2018 and that tells us they know there is something they cant compete with. Spinning the rumors here are we? Nvidia are not focusing on mining as they dont need to, why would they? They sell all the cards they can produce, same as AMD so why focus on something that are already profitable for them. Mining is not going to die in 2018, neither are ASICs coming the ethash in 2018, and even if they do come, they will not make any huge dents in the network hashrate simply due to the way ethash is constructed. Anyone saying otherwise are technically not worthy to talk about this. Mining at the moment is 4-5 times more profitable than a year ago, even if it drops to 1/5th of what it is today, im still making a decent profit from my machines - If that happens it is not due to some fantasy ASIC that some random website decides to spread rumours about. I feel your rage, you must be new to mining and must have paid a lot of money for gpus. There are lots of desperate people around, even integrated gpus they are using to get some few khashes hehe. So to rephrase, Nvidia said it would focus on mining in 2018 and now they said they will not, see my point, they know something that they cant compete with and this thing is recent, about a month, probably they have the same source as I have. If you didn't make same post abut death of GPU mining in 2015, 2016 and 2017, maybe that would mean something Title: Re: ETH GPUs miners beware! Post by: Metroid on February 13, 2018, 10:48:47 PM If you didn't make same post abut death of GPU mining in 2015, 2016 and 2017, maybe that would mean something I'm a member on this forum since 2013 and I created only one thread. If you don't believe you can always check if I'm telling the truth or not, very easy to find it out, just few clicks. Title: Re: ETH GPUs miners beware! Post by: dohfish on February 14, 2018, 12:44:37 AM Nvidia already said it will not focus on mining in 2018 and that tells us they know there is something they cant compete with. Spinning the rumors here are we? Nvidia are not focusing on mining as they dont need to, why would they? They sell all the cards they can produce, same as AMD so why focus on something that are already profitable for them. Mining is not going to die in 2018, neither are ASICs coming the ethash in 2018, and even if they do come, they will not make any huge dents in the network hashrate simply due to the way ethash is constructed. Anyone saying otherwise are technically not worthy to talk about this. Mining at the moment is 4-5 times more profitable than a year ago, even if it drops to 1/5th of what it is today, im still making a decent profit from my machines - If that happens it is not due to some fantasy ASIC that some random website decides to spread rumours about. I feel your rage, you must be new to mining and must have paid a lot of money for gpus. There are lots of desperate people around, even integrated gpus they are using to get some few khashes hehe. So to rephrase, Nvidia said it would focus on mining in 2018 and now they said they will not, see my point, they know something that they cant compete with and this thing is recent, about a month, probably they have the same source as I have. Actually I have been mining since late 2014, I have paid off my gear 3 years ago basically. I live in an area where the power prices are amongst the highest in the world, and im still making in the area of 250US a day in profits from my rigs - I have nothing against you, but your constant rant about the GPU mining is going to die is getting old - There's at the current time nothing that indicates that it should die, other than more people are joining in which will cut profits down per card depending on the price of the coins etc.. The only "rage" from my side is against you, spreading fake news constantly, ranting about shit that you have no honest knowledge about. Would I buy new hardware now? Most likely yes if the prices are right, but you really need to stop being a dick. Title: Re: ETH GPUs miners beware! Post by: RentGPU on February 14, 2018, 01:10:55 AM In order to be faster than gpus they must build an eth algo dedicated cpu for thier machine so it will only hit eth , or they will build it as equivalent to 18 gpus and in same price.
Title: Re: ETH GPUs miners beware! Post by: rem26 on February 14, 2018, 01:25:11 AM I design ASIC's for a living. I implement them in FPGA before we tape out. (Not for crypto)..
The sheer volumes of memory bandwidth needed, and the costs, tell me that someone is smoking some seriously good shit. I get beat up over 64k of RAM.... Title: Re: ETH GPUs miners beware! Post by: xxcsu on February 14, 2018, 01:31:57 AM wondering how the "regular consumer grade or home user grade " Volta gpu's going to work for mining .
currently , with nVidia Volta gpu , ETH mining speed is around 60-68MH/s out of box, with little overclocking , this number can pushed up to 80MH/s with a 250 TDP. Im dual mining with one of my nvidia Titan Volta , ETH/DCR , eth is around 78+MH/s stable , DCR is around 600MH/s , the card is pulling around 180-190 watts at the wall , so im sure there is more potencial in those cards :) Title: Re: ETH GPUs miners beware! Post by: badfad on February 14, 2018, 02:00:57 AM wondering how the "regular consumer grade or home user grade " Volta gpu's going to work for mining . currently , with nVidia Volta gpu , ETH mining speed is around 60-68MH/s out of box, with little overclocking , this number can pushed up to 80MH/s with a 250 TDP. Im dual mining with one of my nvidia Titan Volta , ETH/DCR , eth is around 78+MH/s stable , DCR is around 600MH/s , the card is pulling around 180-190 watts at the wall , so im sure there is more potencial in those cards :) I remember the 1080ti doing 38 Mh/s and 2.5Ghs(or 2Gh?) in eth/decred, it also ate around 300W doing that :). These new cards will be monsters, I just don't want to imagine the mark-up on launch :) Title: Re: ETH GPUs miners beware! Post by: ggbtctalk000 on February 14, 2018, 04:53:41 AM I design ASIC's for a living. I implement them in FPGA before we tape out. (Not for crypto).. The sheer volumes of memory bandwidth needed, and the costs, tell me that someone is smoking some seriously good shit. I get beat up over 64k of RAM.... will you elaborate a bit more? are you saying that the cost of equipment manufacture is not worht designing such an asic miner? THanks., Title: Re: ETH GPUs miners beware! Post by: ggbtctalk000 on February 14, 2018, 04:56:40 AM wondering how the "regular consumer grade or home user grade " Volta gpu's going to work for mining . currently , with nVidia Volta gpu , ETH mining speed is around 60-68MH/s out of box, with little overclocking , this number can pushed up to 80MH/s with a 250 TDP. Im dual mining with one of my nvidia Titan Volta , ETH/DCR , eth is around 78+MH/s stable , DCR is around 600MH/s , the card is pulling around 180-190 watts at the wall , so im sure there is more potencial in those cards :) i think it is more tailored for a AI application as i remember about 600 cores for that. Other than that there appears to be about 1500 more cores. Can not comment much on memory and core speed, frequency, did not look closely. For mining 600 AI core are wasted imo. GTX 1080 Ti 700-800 (OEMs) 11GB DDR5X Pascal GP102 3584 GTX 1080 8GB DDR5 Pascal GP104? 2560 Titan V 12GB HBM2 Volta GV100? 5120 + 640 tensor Title: Re: ETH GPUs miners beware! Post by: Branko on February 14, 2018, 08:54:32 AM Ethash is memory bandwidth bound...I don't think ASIC can help much there...
and if bitmain can solve that, they better start making graphic cards, they'll earn more money :) Title: Re: ETH GPUs miners beware! Post by: d57heinz on February 14, 2018, 01:44:01 PM I design ASIC's for a living. I implement them in FPGA before we tape out. (Not for crypto).. The sheer volumes of memory bandwidth needed, and the costs, tell me that someone is smoking some seriously good shit. I get beat up over 64k of RAM.... will you elaborate a bit more? are you saying that the cost of equipment manufacture is not worht designing such an asic miner? THanks., If it were me. And I had the resources. I would make asic for Ethash just to say I got it done when so many day it’s impossible. When you make billions of profit a year and look to do the same this year. What’s a few 100k to dabble with an asic for fun? Anyway cost isn’t the issue here. I’m sure it’s well worth it to learn what an asic can and can’t do. All about learning. Look at what we spend yearly on school. This is just drop in bucket. BR Title: Re: ETH GPUs miners beware! Post by: BennyT on February 14, 2018, 02:57:14 PM wondering how the "regular consumer grade or home user grade " Volta gpu's going to work for mining . currently , with nVidia Volta gpu , ETH mining speed is around 60-68MH/s out of box, with little overclocking , this number can pushed up to 80MH/s with a 250 TDP. Im dual mining with one of my nvidia Titan Volta , ETH/DCR , eth is around 78+MH/s stable , DCR is around 600MH/s , the card is pulling around 180-190 watts at the wall , so im sure there is more potencial in those cards :) i think it is more tailored for a AI application as i remember about 600 cores for that. Other than that there appears to be about 1500 more cores. Can not comment much on memory and core speed, frequency, did not look closely. For mining 600 AI core are wasted imo. GTX 1080 Ti 700-800 (OEMs) 11GB DDR5X Pascal GP102 3584 GTX 1080 8GB DDR5 Pascal GP104? 2560 Titan V 12GB HBM2 Volta GV100? 5120 + 640 tensor Makes a lot of sense being that Nvidia has invested a lot in AI and autonomous driving systems so to see this tech spill over into GPU's would make sense. They have a lot more riding in that realm than they do on video cards. There's no doubt Volta will be a "better" GPU but how much better at mining it will be, we don't know yet. Clearly they are addressing the mining market by introducing the P1xx cards and I can't see them introducing a product like Volta that uses less power and mines better than the P102's. Wouldn't make sense. What a lot of people don't realize about "mining" - people like Metroid who spread FUD every single waking day of their life, is that with our rigs we've created a massive calculator. Right now, it profits on cryptocurrency. If Metroid's prophecy rings true and GPU mining dies, the next wave applications will hit. There are so many business applications that would love to leverage this entire network of computational GPU's. GPU "mining" for crypto may eventually die, or rather evolve, but the network will also evolve to be used for other applications besides crypto and those with the equipment will get paid. Title: Re: ETH GPUs miners beware! Post by: MagicSmoker on February 14, 2018, 02:58:05 PM I design ASIC's for a living. I implement them in FPGA before we tape out. (Not for crypto).. The sheer volumes of memory bandwidth needed, and the costs, tell me that someone is smoking some seriously good shit. I get beat up over 64k of RAM.... will you elaborate a bit more? are you saying that the cost of equipment manufacture is not worht designing such an asic miner? THanks., If it were me. And I had the resources. I would make asic for Ethash just to say I got it done when so many day it’s impossible. When you make billions of profit a year and look to do the same this year. What’s a few 100k to dabble with an asic for fun? Anyway cost isn’t the issue here. I’m sure it’s well worth it to learn what an asic can and can’t do. All about learning. Look at what we spend yearly on school. This is just drop in bucket. BR @rem26 is right - and I'm an EE, as well. To put this into an analogous terms, an ASIC designed for Ethash would replace the GPU core, not the GPU memory, and as anyone who has tinkered with Ethash knows, the speed of the GPU core has very little to do with hashrate; it is entirely up to memory size and bandwidth. THAT is why Ethash is considered "ASIC-resistant." Title: Re: ETH GPUs miners beware! Post by: d57heinz on February 14, 2018, 03:24:46 PM Ethash is memory bandwidth bound...I don't think ASIC can help much there... and if bitmain can solve that, they better start making graphic cards, they'll earn more money :) They did start making graphics cards. In a sense. Checkout sophon.ai BR Title: Re: ETH GPUs miners beware! Post by: xs.over on February 14, 2018, 04:01:16 PM I wonder if this means an ASIC for cryptonote coins like Monero are just on the horizon then? I don't know the exact details but I think some of the reasons cryptonote is ASIC-resistant are the same as ETH. Roughly 70% of monero network hashrate are comes from large botnets like javascript webminers coinhive, etc. So there are no economical space for asics on cryptonight - memory hard algorithm Title: Re: ETH GPUs miners beware! Post by: Metroid on February 14, 2018, 04:24:40 PM Roughly 70% of monero network hashrate are comes from large botnets like javascript webminers coinhive, etc. So there are no economical space for asics on cryptonight - memory hard algorithm That is one of the reasons why is not on their asic roadmap, is just not feasible which translates to being not worth to create an asic for it. Title: Re: ETH GPUs miners beware! Post by: lncm on February 14, 2018, 04:26:37 PM Good luck making an ASIC with 4Gb ultra-fast memory to each processor.
Title: Re: ETH GPUs miners beware! Post by: Metroid on February 14, 2018, 04:51:53 PM Good luck making an ASIC with 4Gb ultra-fast memory to each processor. The way you say, it looks like you are the top engineer of a multi-billion dollar semiconductor company, the reality of somebody or some people can do must be painful to you but don't worry troll, if one or some cant maybe another one or some can. Title: Re: ETH GPUs miners beware! Post by: pickleburglar on February 14, 2018, 05:25:34 PM Ethash is memory bandwidth bound...I don't think ASIC can help much there... and if bitmain can solve that, they better start making graphic cards, they'll earn more money :) More importantly, the main bottleneck in GPU production is memory availability, there's just not enough chips. Even if these devices do materialize, they will simply be priced relative to their performance compared to GPU's but they wouldn't take over the market because they couldn't be produced in large enough volumes nor would they be that much faster than GPU's. Title: Re: ETH GPUs miners beware! Post by: Metroid on February 14, 2018, 05:32:19 PM More importantly, the main bottleneck in GPU production is memory availability, there's just not enough chips Where are you? Do you live in this planet? It does not look like that. GDDR3 has its own manufacturing plant, memory availability is not a problem cause few things use GDDR3 nowadays. Title: Re: ETH GPUs miners beware! Post by: pickleburglar on February 14, 2018, 05:48:21 PM More importantly, the main bottleneck in GPU production is memory availability, there's just not enough chips Where are you? Do you live in this planet? It does not look like that. GDDR3 has its own manufacturing plant, memory availability is not a problem cause few things use GDDR3 nowadays. LoL this guy Title: Re: ETH GPUs miners beware! Post by: BennyT on February 14, 2018, 05:48:51 PM More importantly, the main bottleneck in GPU production is memory availability, there's just not enough chips Where are you? Do you live in this planet? It does not look like that. GDDR3 has its own manufacturing plant, memory availability is not a problem cause few things use GDDR3 nowadays. There’s a worldwide shortage in memory availability... fairly common knowledge. It’s like saying there isn’t a GPU shortage. Hello! Yes there is. It’s amazing how incorrect you are on virtually everything you post lol Title: Re: ETH GPUs miners beware! Post by: Viecoin on February 14, 2018, 06:00:39 PM I could only imagine the hashrate. I doubt there will be that many produced as the demand may drive up the price and scarcity of memory. I'm wondering if this rumor coming into fruition would preempt the Casper fork.
Title: Re: ETH GPUs miners beware! Post by: Metroid on February 14, 2018, 06:02:20 PM There’s a worldwide shortage in memory availability. Yes and only for 90% GDDR5 and 10% DDR4. Do you really believe that for DDR3 or GDDR3? If you do then it means you are clueless about whoever manufactures them, So I will leave to that, there is nothing to talk about.Title: Re: ETH GPUs miners beware! Post by: jstefanop on February 14, 2018, 06:06:55 PM This kind of makes sense assuming the numbers are correct for 32GB per 6 asics on each board. That means about 5GB of memory for each asic. If they are really using DDR3 (which again makes sense for an ASIC style eth design, since 96 GB of GDDR5 would be crazy expensive), they could probably get away with a 256 bit memory bus running at 933mhz (near max of DDR3). That would translate to about 60GB/s per asic or about 7mh, x 6 = 42 MH per board or 126 mh per machine at probably 200-300 watts. Nothing crazy but is the equivalent of a 6 GPU rig, for probably half the power cost at half the USD cost. I think theres some faulty math going on here, the article says 6 chips and 32gb per board, 3 boards, and a total of 72gb. Also it says 32 1GB chips ... how many 1GB DDR3 chips have you ever seen jstenfanop? Now if it were 24gb per board, that would make some sense as thats 6 x 4 so each asic/gpu gets 4gb. In any case, no chip designer is going to go with ddr3, and a 28nm process for prod, maybe for a test/tapeout but not full scale prod, it'd just be stupid. This is just pure vaporware. Also guys quit hating on Metroid, hes just salty he missed the mining bus, let him enjoy these few moments he gets, however fake they may be. Here you go :p https://www.micron.com/parts/dram/ddr3-sdram/mt41k512m16ha-107?pc={00EED26F-83AE-4CE6-9A28-EB8B033361E8} 1GB x16 wide 933mhz chip super cheap DDR3 chip. Either way something is wrong with the article since the numbers don't add. If they are doing something like this would make sense to use 512MB x16 wide chips for lets say 4GB of 128 bit wide ram per core. Then your looking at like 7 or 14 MH per core depending on number on memory interfaces per core. You don't need anything crazy on the core to do the hashes...going lower than 28nm for an eth specific asic is what would really be "stupid" as you put it. Only reason eth asics have not come out is because GPUs have still been more economical, but with current eth prices that changes. An eth asic is essentially a GPU with a much smaller compute die and cheaper memory. One of these cores would be about $10 bucks for the asic core/memory controller, and another 20 bucks for the 4GB of DDR3 ram. So your looking at around 30 bucks per 14 MH core (lets say it has 4 memory interfaces). So bitmain is looking at the current market and are like hey 30 MH GPUs are selling for 400 bucks, we can make the equivalent with 2 ASIC cores for 60 bucks and sell it for 200 with a fraction of the power consumption = win. Title: Re: ETH GPUs miners beware! Post by: generalheed on February 14, 2018, 06:10:55 PM There’s a worldwide shortage in memory availability. Yes and only for 90% GDDR5 and 10% DDR4. Do you really believe that for DDR3 or GDDR3? If you do then it means you are clueless about whoever manufactures them, So I will leave to that, there is nothing to talk about.Almost all modern GPU's today use GDDR5 memory though so what he said about memory shortages being a bottleneck for GPU production isn't wrong since you yourself confirmed that there is indeed a memory shortage for GDDR5 memory. You won't find anymore high end GPU's using GDDR3. At best, some companies still manufacture older entry level GPU's from the NVidia 600 series or Radeon 5000 series that are used in industrial settings or for HTPC's. But you wouldn't want to be mining much with a GeForce GT 610 or Radeon 5450 anyways. Title: Re: ETH GPUs miners beware! Post by: Metroid on February 14, 2018, 06:20:28 PM Only reason eth asics have not come out is because GPUs have still been more economical, but with current eth prices that changes. An eth asic is essentially a GPU with a much smaller compute die and cheaper memory. Exactly, most of these trolls don't understand what that means. Yes now they can build asics for eth and sell to idiots cause they are paying $1000 for a rx 580 30mhs, imagine how much idiots would pay for 350mhs, develop a 350mhs eth asic and put a price tag of $9999 and will be millions of idiots on the queue to buy it. If the rx 580 was selling for $180 then it would never happen. Title: Re: ETH GPUs miners beware! Post by: pbuva on February 14, 2018, 06:28:30 PM Their usual business tactics is to run the year themselves and then sell them to the public as new ones. So the difficulty will not be increased if they are sold, they are already running today. If there is any truth at all.
Title: Re: ETH GPUs miners beware! Post by: ggbtctalk000 on February 14, 2018, 06:30:45 PM i am not familiar with the mining algorithm software however still involve din sofware dev in diff project. This kept wondering why they make slight mods to an mining algorithm such that it is no longer mineable by asic. I mean asic is 1000x faster than software but use the software adv. against the asic, which is flexibility and speed of development.
Title: Re: ETH GPUs miners beware! Post by: Marvell2 on February 14, 2018, 06:33:13 PM btw fuck you admins for constanly deleting my posts , others post way less useful or frivolous shit and you constantly delete my posts fuck off
Title: Re: ETH GPUs miners beware! Post by: whoismoses on February 14, 2018, 06:35:19 PM ...Yes now they can build asics for eth and sell to idiots cause they are paying $1000 for a rx 580 30mhs... You have probably said this line a 100 times in the last couple months. Who pays that much? RX 570/580 can be easily gotten for $500 (which I would never do) and with just a tiny bit of effort can be gotten for $329-$400. What evidence do you have that there are a ton of idiots willing to pay $1000 for a 580? Title: Re: ETH GPUs miners beware! Post by: ggbtctalk000 on February 14, 2018, 06:35:28 PM one article regarding nvidia crypto mentioned about why nvidia and amd can not supply enough GPUs to market during this white hot demand is because of the manufacturing company TMSC is in full throttle and no f* way to meet the demand. nvidia and amd only designs it. So logically thinking if bitmain can manage to come up something for ETH i think hye will be on same situation and supply constraints faced by GPUs. Under the hood, I expect the similar type IC and chips for doing the mining.
Title: Re: ETH GPUs miners beware! Post by: Metroid on February 14, 2018, 06:40:38 PM What evidence do you have that there are a ton of idiots willing to pay $1000 for a 580? Evidence? Are you for real? You must be kidding right? trolls are using igpu to mine and you say they are not? They are desperate, they are insane, they are mindless and if you sum up they would even pay $9999999999999999999999999999999999999999999999999999999 for a rx 580, know why? cause they are sick. Here you go and buy this rx 580 for $719, looks like they are on discount from 2 weeks ago and that is within usa, imagine the price outside usa, in europe would be 720 euros, in uk 720 gbp and developing countries, 2 or 3x that prices, go to africa and buy it for just $1400 or brazil for $1400. https://www.newegg.com/Product/Product.aspx?Item=9SIA6V66J47564 one article regarding nvidia crypto mentioned about why nvidia and amd can not supply enough GPUs to market during this white hot demand is because of the manufacturing company TMSC is in full throttle and no f* way to meet the demand. How can you stop idiots from throwing $1000 for rx 580 for 30mhs? Build asics with a partner and earn more money for less from those idiots. Title: Re: ETH GPUs miners beware! Post by: Bare on February 14, 2018, 06:46:37 PM @Metroid, exactly, one of the problems is whales and everybody else buying up all the gpus no matter the prices, I can totally imagine people standing in lines just to buy $2k 1x 1080ti lol,
dude, I remember when I bought my rx480 8gb for 300€, the same rx580 8gb today can be found for ~600€ maybe 500€, It's ridiculous[EU area] I'm not buying overpriced hardware out of spite and protest!! pisses me off! stop and think for a sec, rx580 for 500€, no freaking way dude, I don't care, I REFUSE that to be the real value! It's like, hey, wanna buy intel celeron for 200€?!? same goddamn thing! I say let them make eth asics, let them make millions of them, I don't care, I started mining long time ago out of fun, throughout the years managed to afford gpus 1 by 1 strictly from the cryptos I mined and I'm still doing that... So far have never bought overpriced gpus and usually at the times like these waited for the firesellers to buy gpus from them for normal second hand prices when gpu mining took a dip in profitability or something...I don't care I'm not that much in a need nor in a hurry... Gpu prices are ridiculously high for such a long time now and it's time something happens to normalize this market, if bitmain making asic is the way, so be it! >:( >:( >:( Title: Re: ETH GPUs miners beware! Post by: ggbtctalk000 on February 14, 2018, 06:47:48 PM What evidence do you have that there are a ton of idiots willing to pay $1000 for a 580? Evidence? Are you for real? You must be kidding right? trolls are using igpu to mine and you say they are not? They are desperate, they are insane, they are mindless and if you sum up they would even pay $9999999999999999999999999999999999999999999999999999999 for a rx 580, know why? cause they are sick. one article regarding nvidia crypto mentioned about why nvidia and amd can not supply enough GPUs to market during this white hot demand is because of the manufacturing company TMSC is in full throttle and no f* way to meet the demand. How can you stop idiots from throwing $1000 for rx 580 for 30mhs? Build asics with a partner and earn more money for less from those idiots. Dude, i dont like to chip in but it looks like you need to slow down and look around. i can see on ebay rx580 can be had around ~400$. much faster powerul gtx1080 can be had around 700$ which I have been buying. https://www.ebay.com/sch/i.html?_from=R40&_sacat=0&LH_BIN=1&_nkw=rx+580&_sop=15 Title: Re: ETH GPUs miners beware! Post by: Marvell2 on February 14, 2018, 06:48:06 PM What evidence do you have that there are a ton of idiots willing to pay $1000 for a 580? Evidence? Are you for real? You must be kidding right? trolls are using igpu to mine and you say they are not? They are desperate, they are insane, they are mindless and if you sum up they would even pay $9999999999999999999999999999999999999999999999999999999 for a rx 580, know why? cause they are sick. one article regarding nvidia crypto mentioned about why nvidia and amd can not supply enough GPUs to market during this white hot demand is because of the manufacturing company TMSC is in full throttle and no f* way to meet the demand. How can you stop idiots from throwing $1000 for rx 580 for 30mhs? Build asics with a partner and earn more money for less from those idiots. maybe in the EU and other countries , in the USA 580s and 570s are around 500 to $700 for good quality ones, hes not too far off Title: Re: ETH GPUs miners beware! Post by: RentGPU on February 14, 2018, 06:49:07 PM In the darkest situation that they can build an asic for ethash , there will be many other coins poping out with new algos for gpus , gpu mining will never die and never did before , maybe one of bitmain customers tell me where is the S3 now i can tell you IN THE GARBEGE , so f**k off
Title: Re: ETH GPUs miners beware! Post by: ggbtctalk000 on February 14, 2018, 06:53:11 PM In the darkest situation that they can build an asic for ethash , there will be many other coins poping out with new algos for gpus , gpu mining will never die and never did before , maybe one of bitmain customers tell me where is the S3 now i can tell you IN THE GARBEGE , so f**k off I am counting on that :)) otherwise i am busted ::)Title: Re: ETH GPUs miners beware! Post by: Metroid on February 14, 2018, 06:54:58 PM @Metroid, exactly, one of the problems is whales and everybody else buying up all the gpus no matter the prices, I can totally imagine people standing in lines just to buy $2k 1x 1080ti lol, I don't understand why trolls are trying to prove me wrong, many of them bought titan v for $3000 to mine eth 79mhs, titan v is gone and that is $3000, imagine what would they do for a rx 580 30mhs. Come on you trolls must wake up to reality, this is stupid, yesterday was beyond, trolls buying apus igpus to mine eth or cryptonight. I like the asic idea cause this is already out of control, retailers are thinking with every gpu you buy from them you are mining 1 btc which is almost 10k again, think they will sell them cheap? even if they buy them for $300 they will still sell their gpus for a lot more, right now 2x and in some case 3x and in extreme cases, 5x cause you are earning 10k per day per gpu and they are earning nothing even if they sell for 5x to you and that is what they think. And the funny thing is, the more desperate and stupid you troll are, the more overpriced and greedy they will be. Think about it you troll and never pay more a msrp, my friend is a miner and he never paid more than $220 for a rx 580. Title: Re: ETH GPUs miners beware! Post by: Bare on February 14, 2018, 07:03:20 PM ...Yes now they can build asics for eth and sell to idiots cause they are paying $1000 for a rx 580 30mhs... You have probably said this line a 100 times in the last couple months. Who pays that much? RX 570/580 can be easily gotten for $500 (which I would never do) and with just a tiny bit of effort can be gotten for $329-$400. What evidence do you have that there are a ton of idiots willing to pay $1000 for a 580? the evidence is really simple to provide, look at network hashrate increase for popular gpu mineable coins in the last....let's say 3 months...and you can make some rough calculations how many gpus went online in that period, which means gpus are selling, high prices or not, I usually like to mind my manners but I totally don't judge Metroid at all for calling everybody idiots and whatnot for buying gpus at those prices... btw that's how you bring asics in the game too, what if 1080ti's were seriously selling for $2-3k? or even more? manufacturing and buying asics wouldn't be a bad idea then, but rather a smart choice or even a necessity... depends from which perspective you look at it, regular pc builder/gamer or miner... Title: Re: ETH GPUs miners beware! Post by: treanski on February 14, 2018, 07:05:37 PM @Metroid, exactly, one of the problems is whales and everybody else buying up all the gpus no matter the prices, I can totally imagine people standing in lines just to buy $2k 1x 1080ti lol, I don't understand why trolls are trying to prove me wrong, many of them bought titan v for $3000 to mine eth 79mhs, titan v is gone and that is $3000, imagine what would they do for a rx 580 30mhs. Come on you trolls must wake up to reality, this is stupid, yesterday was beyond, trolls buying apus igpus to mine eth or cryptonight. I like the asic idea cause this is already out of control, retailers are thinking with every gpu you buy from them you are mining 1 btc which is almost 10k again, think they will sell them cheap? even if they buy them for $300 they will still sell their gpus for a lot more, right now 2x and in some case 3x and in extreme cases, 5x cause you are earning 10k per day per gpu and they are earning nothing even if they sell for 5x to you and that is what they think. And the funny thing is, the more desperate and stupid you troll are, the more overpriced and greedy they will be. Think about it you troll and never pay more a msrp, my friend is a miner and he never paid more than $220 for a rx 580. really man, take your pills, they will help to sort that shit in your head Title: Re: ETH GPUs miners beware! Post by: Bare on February 14, 2018, 07:09:00 PM @Metroid, exactly, one of the problems is whales and everybody else buying up all the gpus no matter the prices, I can totally imagine people standing in lines just to buy $2k 1x 1080ti lol, I don't understand why trolls are trying to prove me wrong, many of them bought titan v for $3000 to mine eth 79mhs, titan v is gone and that is $3000, imagine what would they do for a rx 580 30mhs. Come on you trolls must wake up to reality, this is stupid, yesterday was beyond, trolls buying apus igpus to mine eth or cryptonight. I like the asic idea cause this is already out of control, retailers are thinking with every gpu you buy from them you are mining 1 btc which is almost 10k again, think they will sell them cheap? even if they buy them for $300 they will still sell their gpus for a lot more, right now 2x and in some case 3x and in extreme cases, 5x cause you are earning 10k per day per gpu and they are earning nothing even if they sell for 5x to you and that is what they think. And the funny thing is, the more desperate and stupid you troll are, the more overpriced and greedy they will be. Think about it you troll and never pay more a msrp, my friend is a miner and he never paid more than $220 for a rx 580. You what Metroid? I never thought I would actually want to say or wish it since I'm a miner too, but I can't wait for the earnings to drop to 0,5$ or even lower per card...there's...just...too much hype! Title: Re: ETH GPUs miners beware! Post by: generalheed on February 14, 2018, 07:14:19 PM What evidence do you have that there are a ton of idiots willing to pay $1000 for a 580? Evidence? Are you for real? You must be kidding right? trolls are using igpu to mine and you say they are not? They are desperate, they are insane, they are mindless and if you sum up they would even pay $9999999999999999999999999999999999999999999999999999999 for a rx 580, know why? cause they are sick. Here you go and buy this rx 580 for $719, looks like they are on discount from 2 weeks ago and that is within usa, imagine the price outside usa, in europe would be 720 euros, in uk 720 gbp and developing countries, 2 or 3x that prices, go to africa and buy it for just $1400 or brazil for $1400. https://www.newegg.com/Product/Product.aspx?Item=9SIA6V66J47564 one article regarding nvidia crypto mentioned about why nvidia and amd can not supply enough GPUs to market during this white hot demand is because of the manufacturing company TMSC is in full throttle and no f* way to meet the demand. How can you stop idiots from throwing $1000 for rx 580 for 30mhs? Build asics with a partner and earn more money for less from those idiots. Why do you keep referring to them as trolls? Do you even know what a troll is? How does mining on an iGPU make someone a troll anyways? All it shows is that someone has extra computing power they want to throw at mining. That's their choice, more power to them. The Intel Iris Pro 580 is pretty comparable to a mid range NVidia GPU so for cryptonote currencies, it's not a bad idea to mine with an iGPU. Anyways, a troll is someone that's messing with you for fun or as a joke/prank. So how is someone mining with an iGPU trying to pull a prank on you or even affecting you in anyway? I would agree with you that individuals are crazy for spending so much on GPU's for mining cause they'd probably never make back the money they spent. Still that doesn't make them trolls, or anyone else here trolls for that matter. No one is trying to pull pranks on you here. Title: Re: ETH GPUs miners beware! Post by: Metroid on February 14, 2018, 07:25:40 PM Why do you keep referring to them as trolls? I guess you must be new within the community, when I refer as trolls or troll I mean people or person in general, not specific. Title: Re: ETH GPUs miners beware! Post by: generalheed on February 14, 2018, 07:27:50 PM Why do you keep referring to them as trolls? I guess you must be new within the community, when I refer as trolls or troll I mean people or person in general, not specific. Yes I am pretty new here so this is indeed the first time I've come across you here or most people here for that matter. Anyways my point was simply that iGPU mining for cryptonote currencies like Monero actually works very well. By itself it won't help you much, but combined with a lot of other workers, it all adds up. Title: Re: ETH GPUs miners beware! Post by: ggbtctalk000 on February 14, 2018, 07:28:52 PM Why do you keep referring to them as trolls? I guess you must be new within the community, when I refer as trolls or troll I mean people or person in general, not specific. Yes I am pretty new here so this is indeed the first time I've come across you here or most people here for that matter. Anyways my point was simply that iGPU mining for cryptonote currencies like Monero actually works very well. By itself it won't help you much, but combined with a lot of other workers, it all adds up. did apple start making GPUs?? Title: Re: ETH GPUs miners beware! Post by: The Demon Slick on February 14, 2018, 07:31:34 PM Well this is intresting. What if Bitmain is the secret company who ordered chips from Samsung? :o Up till now, a Taiwanese company, TSMC, has been the main producer of the ASIC chips for miners. Although GMO Internet from Japan has announced will be mass producing ASICs with 12nm and 7nm chips. Ebang got the samsung 10nm chips, the ebit 18T/Hs is already on peoples shelfs. GMO will be contract only, 5 million usd for 2 years, fees not yet disclosed. Title: Re: ETH GPUs miners beware! Post by: Branko on February 14, 2018, 10:30:49 PM ...Yes now they can build asics for eth and sell to idiots cause they are paying $1000 for a rx 580 30mhs... You have probably said this line a 100 times in the last couple months. Who pays that much? RX 570/580 can be easily gotten for $500 (which I would never do) and with just a tiny bit of effort can be gotten for $329-$400. What evidence do you have that there are a ton of idiots willing to pay $1000 for a 580? He's just bitter, venom and hatred pours from all his posts, because he missed the mining train Title: Re: ETH GPUs miners beware! Post by: QuintLeo on February 15, 2018, 02:29:06 AM Nvidia already said it will not focus on mining in 2018 and that tells us they know there is something they cant compete with. No, it says they prefer to stick with selling to GAMERS because that is a far more stable market that they DOMINATE. Title: Re: ETH GPUs miners beware! Post by: QuintLeo on February 15, 2018, 02:30:10 AM Look at the difference between the top hash power and second place https://eth.nanopool.org So there are ETH farms? If Bitmain were testing an ASIC for ETH, do you really think they would make it obvious by mining on a public pool? Nobody knew about the SIA Bitmain A3 until ASIC's for SIA were already announced for it and it was available for pre order from Bitmain for delivery in days. But you believe somehow Bitmain coming out with an ASIC for ETH, that nobody has been able to do for years is announced months ahead of time? LOL Watch for what algorithms get added to Antpool, THEN you have a clue what new miners Bitmain is working on and fairly close to release. Which is scary because they HAVE added pools for ETH and ETC..... Title: Re: ETH GPUs miners beware! Post by: BennyT on February 15, 2018, 02:34:02 AM Nvidia already said it will not focus on mining in 2018 and that tells us they know there is something they cant compete with. No, it says they prefer to stick with selling to GAMERS because that is a far more stable market that they DOMINATE. Watch the NVidia CES keynote. GPU’s are a small fraction of their business. AI and autonomous driving is where they are focusing and have been for some time. Nothing to do with ASICS and ETH Title: Re: ETH GPUs miners beware! Post by: gotminer on February 15, 2018, 02:40:40 AM Nvidia already said it will not focus on mining in 2018 and that tells us they know there is something they cant compete with. No, it says they prefer to stick with selling to GAMERS because that is a far more stable market that they DOMINATE. Correct ... Also ... What the say publicly and what they really do are way different. I'm a firm believer of mean what you say and do what you say, but large companies don't and can't operate like that. It doesn't make sense to the consumer or the shareholder. Title: Re: ETH GPUs miners beware! Post by: keystoneminer on February 15, 2018, 06:03:41 AM Deep Learning Accelerating Card SC1
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Title: Re: ETH GPUs miners beware! Post by: rdluffy on February 15, 2018, 10:54:04 AM But, they will produce an Asic to a coin that will move to POS soon?
Title: Re: ETH GPUs miners beware! Post by: kukelka on February 15, 2018, 11:12:37 AM so it means that it's not worth to start buying gpus and building rigs?
Title: Re: ETH GPUs miners beware! Post by: bitcoinman93 on February 15, 2018, 11:14:09 AM There are rumours that Bitmain has set its sights on ETH and will be releasing an ASIC in Q2 or Q3 of this year! https://www.cryptoinfomag.com/2018/02/12/eth-asic-arriving-soon/ Just rumors for now, but thanks for sharing anyway as it's something that might happen. It would really shake whole eth mining community. Any chance of some real info from bitmain? Title: Re: ETH GPUs miners beware! Post by: StGermain on February 15, 2018, 12:58:06 PM I think. The main developers of Ethereum are very well prepared for such a thing. And it would be very crazy to launch a dedicated machine at this point in which the plasma protocol on the proof of stake are about to be implemented
Title: Re: ETH GPUs miners beware! Post by: xenomorphe1 on February 15, 2018, 01:09:23 PM I think. The main developers of Ethereum are very well prepared for such a thing. And it would be very crazy to launch a dedicated machine at this point in which the plasma protocol on the proof of stake are about to be implemented They are going to mine ETC or other Ethash algos coins if ETH is only POS.Title: Re: ETH GPUs miners beware! Post by: d57heinz on February 15, 2018, 03:03:26 PM I think. The main developers of Ethereum are very well prepared for such a thing. And it would be very crazy to launch a dedicated machine at this point in which the plasma protocol on the proof of stake are about to be implemented They are going to mine ETC or other Ethash algos coins if ETH is only POS.Yes looking like a good time to buy up some etc🤓🤣. But seriously even looking at goin hybrid this makes sense. Rewards will drop during the conversion forcing use of asic to keep chain alive or price will have to rise according to percentage of pow/pos. Going to be an interesting transition if it ever happens. BR Title: Re: ETH GPUs miners beware! Post by: xenomorphe1 on February 15, 2018, 03:49:40 PM ETH/ETC are going to be more centralized... The concept of decentralization is going to die?
Title: Re: ETH GPUs miners beware! Post by: vx0713 on February 15, 2018, 04:07:06 PM So when F3 is launched it will be the most sought after Asic and like A3 will give 500$ per day for early adopters and will gradually come down to 30$ per day. Please stop spreading bullshit, and do your math. For the F3 to give you $500 it will have to hash at a 6000 Mh/s at current difficulty (and I'm not even tanking into consideration the cost of electricity). Even if the news is true there is no effin way it can pull this off... http://whattomine.com/coins/151-eth-ethash?utf8=%E2%9C%93&hr=6000&p=405.0&fee=0.0&cost=0.0&hcost=0.0&commit=Calculate Title: Re: ETH GPUs miners beware! Post by: Travis726 on February 15, 2018, 04:12:48 PM OH No, this is gonna be bad, what will happen to GPU miners it will go down to algo and the current of price? i've heard also 20 series nvia will released not compatible for the mining holy crap. Lol on the 20 series. Nvidia answers to shareholders. They talk like crypto wasn’t the bulk of sales but that’s bs. They will work fine for crypto or watch their share price and sales tumble. I honestly don’t believe this one bit. BR nvidia would be just fine without miners.. I say would because Im not sure I believe they will somehow make their cards not work at mining without killing their performance at the same time. So when F3 is launched it will be the most sought after Asic and like A3 will give 500$ per day for early adopters and will gradually come down to 30$ per day. Please stop spreading bullshit, and do your math. For the F3 to give you $500 it will have to hash at a 6000 Mh/s at current difficulty (and I'm not even tanking into consideration the cost of electricity). Even if the news is true there is no effin way it can pull this off... http://whattomine.com/coins/151-eth-ethash?utf8=%E2%9C%93&hr=6000&p=405.0&fee=0.0&cost=0.0&hcost=0.0&commit=Calculate he is basing his numbers on sia (and the recent bitmain miners performance) and nothing else... Title: Re: ETH GPUs miners beware! Post by: pickleburglar on February 15, 2018, 04:59:32 PM Did some quick maths
ASSUMING that they use quad channel interface for each chip with the fastest ddr3 in existence and its 96GB not 72GB, that would make the total memory bandwidth of the rig 1TB/s which is 4 times faster than a RX580 or around 120MH/s. That would be the worst case scenario. Title: Re: ETH GPUs miners beware! Post by: jstefanop on February 15, 2018, 06:19:07 PM Did some quick maths ASSUMING that they use quad channel interface for each chip with the fastest ddr3 in existence and its 96GB not 72GB, that would make the total memory bandwidth of the rig 1TB/s which is 4 times faster than a RX580 or around 120MH/s. That would be the worst case scenario. Thats incorrect, if they are using quad channel spread to 8 16bit 512MB DDR3 chips for each core thats ~14mh per core (assuming around a 1GHZ ram speed, some DDR3 can go up to 1600mhz. 14x 6 cores x 3 boards ~ 250 MH. Title: Re: ETH GPUs miners beware! Post by: passteque on February 15, 2018, 06:24:25 PM Asic can just be more efficicent, no need to have supérior hashrate to call it an Asic. Look skein asic, they are 20% costlier than GPU. But use 5 times less electricity
Title: Re: ETH GPUs miners beware! Post by: drawingthemoon on February 15, 2018, 06:27:41 PM If that is true the GPU rigs and GPU will be back to normal price finally. But I can not imagine that this is true. is anybody here who understand if it is technically possible? Everytime interesting how the ASIC resistant coins get an ASIC miner from bitmain :)
Title: Re: ETH GPUs miners beware! Post by: xleps81 on February 15, 2018, 06:48:41 PM Thats the worst thing to happen to ETH minning...
Just bad news this 2018.... What will you mine???? Title: Re: ETH GPUs miners beware! Post by: Johny101010 on February 15, 2018, 07:07:47 PM ASIC usually raise the price of a coin. So I'm ok with it.
But, what I don't understand is why would you buy an Eth ASIC when they are about to go POS? Once ETH does it other coins based on the same algorithm will too. And is not like you can mine Cryptonight , Equihash or any other coins with that machine. You just have to wait for new coins and hope they are the next big thing. Title: Re: ETH GPUs miners beware! Post by: brewlig on February 15, 2018, 07:22:55 PM ASIC usually raise the price of a coin. So I'm ok with it. But, what I don't understand is why would you buy an Eth ASIC when they are about to go POS? Once ETH does it other coins based on the same algorithm will too. And is not like you can mine Cryptonight , Equihash or any other coins with that machine. You just have to wait for new coins and hope they are the next big thing. When is it planned to move to PoS? Title: Re: ETH GPUs miners beware! Post by: QuintLeo on February 15, 2018, 08:58:03 PM Asic can just be more efficicent, no need to have supérior hashrate to call it an Asic. Look skein asic, they are 20% costlier than GPU. But use 5 times less electricity The only Skein ASIC I am aware (Baikal) of has 2.5-3 TIMES the performance of the 1080 ti - and Skein is one of it's "minor" algorithms that it gets lower hashrate on. ASIC do NOT "usually raise the price of a coin" - they are normally developed when a coin has a high enough total market cap AND network hashrate to make it possible for an ASIC miner company to sell enough to PAY for the development of the things. You have the relationship backwards - it's high PRICE that drives creation of an ASIC, NOT the other way around - and in the case of the Gridseed GC3355 based ASIC gear the ASIC showed up after Litecoin price had COLLAPSED and Bitcoin price was dropping. Title: Re: ETH GPUs miners beware! Post by: Chromexnet on February 15, 2018, 09:30:28 PM Did some quick maths ASSUMING that they use quad channel interface for each chip with the fastest ddr3 in existence and its 96GB not 72GB, that would make the total memory bandwidth of the rig 1TB/s which is 4 times faster than a RX580 or around 120MH/s. That would be the worst case scenario. Thats incorrect, if they are using quad channel spread to 8 16bit 512MB DDR3 chips for each core thats ~14mh per core (assuming around a 1GHZ ram speed, some DDR3 can go up to 1600mhz. 14x 6 cores x 3 boards ~ 250 MH. How did you calculate 14 MH/s per core? 14 MH/s would require roughly 140 GB/s bandwidth which seems unrealistic even for a quad channel DDR3. A quad channel 1866MHz DDR3 can reach 59.7 GB/s (source https://www.microway.com/knowledge-center-articles/performance-characteristics-of-common-transports-buses/ (https://www.microway.com/knowledge-center-articles/performance-characteristics-of-common-transports-buses/)). Therefore one core hashrate should be close to 6 MH/s. 6 MH/s * 6 * 3 = 108 MH/s. Title: Re: ETH GPUs miners beware! Post by: gotminer on February 16, 2018, 01:18:29 AM Thats the worst thing to happen to ETH minning... Just bad news this 2018.... What will you mine???? You're a miner and the only thing you mine or even know about mining is one coin? Lol. Title: Re: ETH GPUs miners beware! Post by: edwardceng on February 16, 2018, 08:57:22 AM Thats the worst thing to happen to ETH minning... the Altcoins not just ETH, many Altcoins can be mined. of course, must calculate before mining. how many rewards, frequency a block, Hashrate diff etc.Just bad news this 2018.... What will you mine???? Title: Re: ETH GPUs miners beware! Post by: BitindaHouse on February 16, 2018, 10:06:03 AM Are you kidding me)
this is still a long time to wait for such giants of the industry nvideo and amd will not stand aside, and if even so I can safely go to sell the kidney in order to buy an asic) Title: Re: ETH GPUs miners beware! Post by: Metroid on February 16, 2018, 10:54:37 AM Are you kidding me) this is still a long time to wait for such giants of the industry nvideo and amd will not stand aside, and if even so I can safely go to sell the kidney in order to buy an asic) The kidney only? You will have to sell all parts of your body to buy this hehe Title: Re: ETH GPUs miners beware! Post by: gotminer on February 16, 2018, 01:28:31 PM Are you kidding me) this is still a long time to wait for such giants of the industry nvideo and amd will not stand aside, and if even so I can safely go to sell the kidney in order to buy an asic) The kidney only? You will have to sell all parts of your body to buy this hehe It really depends on the demand for the kidney. If twenty people need it, he'll get more $ out of it than if only one person needed it. Title: Re: ETH GPUs miners beware! Post by: jstefanop on February 16, 2018, 03:34:16 PM Did some quick maths ASSUMING that they use quad channel interface for each chip with the fastest ddr3 in existence and its 96GB not 72GB, that would make the total memory bandwidth of the rig 1TB/s which is 4 times faster than a RX580 or around 120MH/s. That would be the worst case scenario. Thats incorrect, if they are using quad channel spread to 8 16bit 512MB DDR3 chips for each core thats ~14mh per core (assuming around a 1GHZ ram speed, some DDR3 can go up to 1600mhz. 14x 6 cores x 3 boards ~ 250 MH. How did you calculate 14 MH/s per core? 14 MH/s would require roughly 140 GB/s bandwidth which seems unrealistic even for a quad channel DDR3. A quad channel 1866MHz DDR3 can reach 59.7 GB/s (source https://www.microway.com/knowledge-center-articles/performance-characteristics-of-common-transports-buses/ (https://www.microway.com/knowledge-center-articles/performance-characteristics-of-common-transports-buses/)). Therefore one core hashrate should be close to 6 MH/s. 6 MH/s * 6 * 3 = 108 MH/s. 933 mhz x 2 (DDR) x 4 (quad channel) x 128 bit wide bus (8 x16 bit DDR3 chips) / 8bits = 120 GB/s Remember stock ram for motherboard is 64bit wide no reason why you can't go higher, if they are really using something between 72-96GB per board and I'm assuming article is wrong and its 72GB which would make sense for 8 x 512mb chips per core for 128bit wide bus. Title: Re: ETH GPUs miners beware! Post by: sunder54 on February 16, 2018, 03:52:40 PM Maybe it's time for asic miner also created for ETH like Bitcoin. Is this due to the increasing difficulty of ETH? and on the other hand GPU prices are also higher?
Title: Re: ETH GPUs miners beware! Post by: QuintLeo on February 16, 2018, 09:38:40 PM OH No, this is gonna be bad, what will happen to GPU miners it will go down to algo and the current of price? i've heard also 20 series nvia will released not compatible for the mining holy crap. Lol on the 20 series. Nvidia answers to shareholders. They talk like crypto wasn’t the bulk of sales but that’s bs. They will work fine for crypto or watch their share price and sales tumble. I honestly don’t believe this one bit. BR For Nvidia, crypto sales HAS in fact been a fairly small factor - particularly during 4Q 2017. The only reason that crypto sales was a significant factor in 2Q was that AMD high-end Polaris cards gouge pricing got into 1070 or even low-end 1080 territory making the 1070 a viable option for cost-effective ETH mining. The CURRENT Nvidia shortage appears to have been caused by Nvidia having TSMC switch production out of Pascal GPUs into Volta GPUs "around the end of the year" then getting hit by an unexpectedly VERY GOOD sales season especially on high-end gaming machines. 4Q 2017 is the FIRST TIME in several years that PC "number of units" sales INCREASED year-over-year, while all of the forcasts were for a DECREASE - and a lot of reports cited "high end systems" being a primary driver in that sales increase during the Christmas Sales Season. Even RIGHT NOW, there are probably less than 1 million GPUs mining ZEC, which is BY FAR the biggest GPU count in Nvidia-friendly coins, while ETH which is mostly AMD territory is pushing well past the 7 million GPU range at this point. Title: Re: ETH GPUs miners beware! Post by: Chromexnet on February 17, 2018, 12:31:51 AM Did some quick maths ASSUMING that they use quad channel interface for each chip with the fastest ddr3 in existence and its 96GB not 72GB, that would make the total memory bandwidth of the rig 1TB/s which is 4 times faster than a RX580 or around 120MH/s. That would be the worst case scenario. Thats incorrect, if they are using quad channel spread to 8 16bit 512MB DDR3 chips for each core thats ~14mh per core (assuming around a 1GHZ ram speed, some DDR3 can go up to 1600mhz. 14x 6 cores x 3 boards ~ 250 MH. How did you calculate 14 MH/s per core? 14 MH/s would require roughly 140 GB/s bandwidth which seems unrealistic even for a quad channel DDR3. A quad channel 1866MHz DDR3 can reach 59.7 GB/s (source https://www.microway.com/knowledge-center-articles/performance-characteristics-of-common-transports-buses/ (https://www.microway.com/knowledge-center-articles/performance-characteristics-of-common-transports-buses/)). Therefore one core hashrate should be close to 6 MH/s. 6 MH/s * 6 * 3 = 108 MH/s. 933 mhz x 2 (DDR) x 4 (quad channel) x 128 bit wide bus (8 x16 bit DDR3 chips) / 8bits = 120 GB/s Remember stock ram for motherboard is 64bit wide no reason why you can't go higher, if they are really using something between 72-96GB per board and I'm assuming article is wrong and its 72GB which would make sense for 8 x 512mb chips per core for 128bit wide bus. Sure, a 128 bit quad channel bus is effectively a 512 bit bus. AMD and Nvidia have used 512 bit buses in the past, however they both have moved away from those due to high cost and high power consumption. If Bitmain's ASIC really does have a separate 512 bit bus for each core (so 18x 512 bit bus in total), then 200+ MH/s is possible. However, in that case the retail cost and the power consumption will be pretty high. I'm sure they wouldn't release anything that's worse than a comparable GPU rig but most likely it's not going to drive GPU rigs out of the market either. Title: Re: ETH GPUs miners beware! Post by: xMines on February 18, 2018, 03:34:43 PM I found a good steemit article: https://steemit.com/technology/@cloh76/bitmain-to-release-ethereum-asic-miner-the-antminer-f3 (https://steemit.com/technology/@cloh76/bitmain-to-release-ethereum-asic-miner-the-antminer-f3)
Guys im really curious how this thing will come. If they deliver the anounced hashpower I'm all over it. If we check what happened in the past when ASICs hit the ASIC resistant coins, we saw a huge rising difficulty. But also rising prices. Eth is planning to go to PoS so then the miners have to jump on other smaller coins, which will be less efficient. Title: Re: ETH GPUs miners beware! Post by: RYXES on February 18, 2018, 05:19:25 PM Hoping for a fork. Otherwise we’re forked.
Title: Re: ETH GPUs miners beware! Post by: Riptide_NVN on February 18, 2018, 05:29:10 PM This Metroid guy is quite the caricature.
Title: Re: ETH GPUs miners beware! Post by: treanski on February 18, 2018, 08:32:09 PM This Metroid guy is quite the caricature. he´s just a salty fuck who´s pissed because he is far to late for the party Title: Re: ETH GPUs miners beware! Post by: badfad on February 18, 2018, 09:09:54 PM Are you kidding me) this is still a long time to wait for such giants of the industry nvideo and amd will not stand aside, and if even so I can safely go to sell the kidney in order to buy an asic) The kidney only? You will have to sell all parts of your body to buy this hehe It really depends on the demand for the kidney. If twenty people need it, he'll get more $ out of it than if only one person needed it. Also depends on how the kidney was used. If said kidney comes from a young male but has been exposed to massive arterial hypertension(and other things) caused by syntethic male hormone, that kidney is worth 1 doge. That kidney is now like an old mining card ;D Serious question, how many of you would buy this supposed ethhash asic if it was only 1.5x-2x Mh/W than a gpu rig? I wouldn't, but I don't mine eth nowdays also. Title: Re: ETH GPUs miners beware! Post by: beheddard on February 18, 2018, 09:19:14 PM Say the hash is only 1.5-2x higher, how much more energy efficient does it have to be to be worth the extra trouble? Are there any numbers for that yet?
Title: Re: ETH GPUs miners beware! Post by: badfad on February 18, 2018, 09:25:34 PM Nothing exact, or confirmed in Mh/W. Just specultation and speculation around the speculation.
Business as usual :D Title: Re: ETH GPUs miners beware! Post by: RYXES on February 18, 2018, 10:34:09 PM Some say 200mh/s, some say 600mh/s at 1000W. I would be surprised if they released an ETH asic miner that is anything remotely competitive with a 6-8 GPU rig.
Title: Re: ETH GPUs miners beware! Post by: gondel on February 18, 2018, 10:40:10 PM Guys,
Member it? When we had primecoin and we mined tons of it we cpu? Nice days Title: Re: ETH GPUs miners beware! Post by: CryptoDocker on February 19, 2018, 12:58:02 AM Well at least the Monero team have gone out and said they will make the coin Asic proof with subtle code changes
Title: Re: ETH GPUs miners beware! Post by: kimtaek on February 19, 2018, 01:13:55 AM I would like to ask what are the legit sites that I could mine ETH? there are a lot of ETH mining sites and I guess most of them are scam....
Title: Re: ETH GPUs miners beware! Post by: Raziel__ on February 19, 2018, 01:37:37 AM Well at least the Monero team have gone out and said they will make the coin Asic proof with subtle code changes heh they can do whatever they want if this thing have over 10gb its over, you can mine every coin with it. But ETH is in testnet for POS so few more months and it will move from pow to pos, same thing with ETC so you will have monero which isnt so profitable and ZcashTitle: Re: ETH GPUs miners beware! Post by: O$IRIS on February 19, 2018, 02:11:26 AM Does anyone know when Ethereum be moving to Proof-of-Stake?
Title: Re: ETH GPUs miners beware! Post by: dmonrey002 on February 19, 2018, 03:52:33 AM if that happens that having a eth asic miner. then eth move TO POS... i think what the sense of having asic miner.. that is nonsense.. one of the reason why eth move to POS.. to prevent to become centralized the hash rate. to survive form asicapolypse. :)
Title: Re: ETH GPUs miners beware! Post by: QuintLeo on February 19, 2018, 11:32:58 PM I would like to ask what are the legit sites that I could mine ETH? there are a lot of ETH mining sites and I guess most of them are scam.... I've used ethmine.org pretty much all the time I've mined ETH. They have 2 sites, one a standard sort of site, the other a "solo mining" type site. Same folks also run the "flypool" ZEC mining pool site. Title: Re: ETH GPUs miners beware! Post by: QuintLeo on February 19, 2018, 11:35:05 PM Sure, a 128 bit quad channel bus is effectively a 512 bit bus. AMD and Nvidia have used 512 bit buses in the past, however they both have moved away from those due to high cost and high power consumption. If Bitmain's ASIC really does have a separate 512 bit bus for each core (so 18x 512 bit bus in total), then 200+ MH/s is possible. However, in that case the retail cost and the power consumption will be pretty high. I'm sure they wouldn't release anything that's worse than a comparable GPU rig but most likely it's not going to drive GPU rigs out of the market either. Not entirely true - HBM and HBM2 are both quite a bit wider. Title: Re: ETH GPUs miners beware! Post by: Chromexnet on February 20, 2018, 03:07:53 AM Sure, a 128 bit quad channel bus is effectively a 512 bit bus. AMD and Nvidia have used 512 bit buses in the past, however they both have moved away from those due to high cost and high power consumption. If Bitmain's ASIC really does have a separate 512 bit bus for each core (so 18x 512 bit bus in total), then 200+ MH/s is possible. However, in that case the retail cost and the power consumption will be pretty high. I'm sure they wouldn't release anything that's worse than a comparable GPU rig but most likely it's not going to drive GPU rigs out of the market either. Not entirely true - HBM and HBM2 are both quite a bit wider. True but HBM actually doesn't use a memory bus in the traditional sense since the memory is located on the same physical die. It's more like a huge EDRAM. So it's a completely different technology and not really comparable. It's also rather expensive. But that's not really the point, the point is putting 18 separate 512 bit memory buses on a board is expensive and I wonder if Bitmain has really gone that route and how are they planning to do it cost effectively. Title: Re: ETH GPUs miners beware! Post by: QuintLeo on February 20, 2018, 08:41:34 PM Most HBM usage DOES have the RAM on it's own die.
Reference the AMD "Fury" line, and their current "Vega" line. I'm pretty sure that's also the case for the Titan V and the Tesla "volta generation" on the Nvidia side. It's still a bus, it's just a very WIDE bus (4096 bit IIRC?). Title: Re: ETH GPUs miners beware! Post by: Chromexnet on February 21, 2018, 12:20:02 AM Most HBM usage DOES have the RAM on it's own die. Reference the AMD "Fury" line, and their current "Vega" line. I'm pretty sure that's also the case for the Titan V and the Tesla "volta generation" on the Nvidia side. It's still a bus, it's just a very WIDE bus (4096 bit IIRC?). Sorry, I ment to say HBM is located on the same silicon. The physical connection between HBM and DDR is quite different so it's not meaningful to compare them. It's like comparing a conveyor belt to a truck - both transport goods from one place to another but that's where the similarities end. Designing a wide bus is not difficult if the physical connection distance is short; Playstation 2's GPU had a 2560 bit bus to its' 4 MB EDRAM memory over 15 years ago. On the other hand with DDR the physical connection is distance is much longer so none of the big silicon giants, Intel, AMD or Nvidia have gone for a very wide DDR bus in their consumer products. Title: Re: ETH GPUs miners beware! Post by: ntrader on February 21, 2018, 05:18:07 AM There are rumours that Bitmain has set its sights on ETH and will be releasing an ASIC in Q2 or Q3 of this year! https://www.cryptoinfomag.com/2018/02/12/eth-asic-arriving-soon/ It seems that ETH mining in new future will be so hard and so our systems will be old. I think it will take more time to come in market and we can be rest until manufactured. Title: Re: ETH GPUs miners beware! Post by: QuintLeo on February 21, 2018, 09:05:03 PM Most HBM usage DOES have the RAM on it's own die. Reference the AMD "Fury" line, and their current "Vega" line. I'm pretty sure that's also the case for the Titan V and the Tesla "volta generation" on the Nvidia side. It's still a bus, it's just a very WIDE bus (4096 bit IIRC?). Sorry, I ment to say HBM is located on the same silicon. The physical connection between HBM and DDR is quite different so it's not meaningful to compare them. It's like comparing a conveyor belt to a truck - both transport goods from one place to another but that's where the similarities end. Designing a wide bus is not difficult if the physical connection distance is short; Playstation 2's GPU had a 2560 bit bus to its' 4 MB EDRAM memory over 15 years ago. On the other hand with DDR the physical connection is distance is much longer so none of the big silicon giants, Intel, AMD or Nvidia have gone for a very wide DDR bus in their consumer products. To date, HBM used in video cards is NOT on the same silicon, much less in the same package, as the GPU, though that might change when the Bristol Ridge APUs get released. It does tend to be clustered a lot closer TO the GPU though, than ram on a motherboard. Title: Re: ETH GPUs miners beware! Post by: Chromexnet on February 21, 2018, 10:19:05 PM Most HBM usage DOES have the RAM on it's own die. Reference the AMD "Fury" line, and their current "Vega" line. I'm pretty sure that's also the case for the Titan V and the Tesla "volta generation" on the Nvidia side. It's still a bus, it's just a very WIDE bus (4096 bit IIRC?). Sorry, I ment to say HBM is located on the same silicon. The physical connection between HBM and DDR is quite different so it's not meaningful to compare them. It's like comparing a conveyor belt to a truck - both transport goods from one place to another but that's where the similarities end. Designing a wide bus is not difficult if the physical connection distance is short; Playstation 2's GPU had a 2560 bit bus to its' 4 MB EDRAM memory over 15 years ago. On the other hand with DDR the physical connection is distance is much longer so none of the big silicon giants, Intel, AMD or Nvidia have gone for a very wide DDR bus in their consumer products. To date, HBM used in video cards is NOT on the same silicon, much less in the same package, as the GPU, though that might change when the Bristol Ridge APUs get released. It does tend to be clustered a lot closer TO the GPU though, than ram on a motherboard. HBM and GPU die are connected together via silicon interposer so technically it's all one big silicon. The interposer, HBM and GPU die are manufactured separately before they are integrated together so I'll give you that. That doesn't change the point though; it's much easier to route lots of data lanes when they don't need to though PCB, pins and sockets (like is the case with DDR). Title: Re: ETH GPUs miners beware! Post by: Spill on February 25, 2018, 05:12:02 PM Holy $hit the ETH difficulty just spiked like a Mother Fu#ker last night. For it to spike that much in 12 hours is
definitely not from GPU's ??? I'm thinking these are really REAL, and bitmain must be just selling them to there big Asian customers. Be prepared everyone for profitability to be gone from minning in 2018. :'( Title: Re: ETH GPUs miners beware! Post by: QuintLeo on February 25, 2018, 07:19:06 PM You DO realize that mining luck can "spike" apparent hashrate a lot in a short period?
Title: Re: ETH GPUs miners beware! Post by: Miner_GR on February 25, 2018, 08:03:33 PM You DO realize that mining luck can "spike" apparent hashrate a lot in a short period? Do you realize that luck on the network hashrate cannot spike that much in a short period? Did you check this to understand why difficulty rose that much? Just put 1week to see. https://www.coinwarz.com/network-hashrate-charts/ethereum-network-hashrate-chart Title: Re: ETH GPUs miners beware! Post by: darkstonexa on February 25, 2018, 08:22:07 PM Seriously spike? what spike. all I see is a steady consistent climb for 3 months.
The only spike I see is a sudden drop in jan and then its restored back to norm. now that's a spike. some people need to get a grip of themselves. Title: Re: ETH GPUs miners beware! Post by: adaseb on February 25, 2018, 08:36:08 PM Holy $hit the ETH difficulty just spiked like a Mother Fu#ker last night. For it to spike that much in 12 hours is definitely not from GPU's ??? I'm thinking these are really REAL, and bitmain must be just selling them to there big Asian customers. Be prepared everyone for profitability to be gone from minning in 2018. :'( This is just variance. Sometimes spikes like that happen when there is an alt that's more profitable than ETH that stops being profitable and people switch back. Basically what happened with ETC this week. Title: Re: ETH GPUs miners beware! Post by: d57heinz on February 26, 2018, 12:43:47 PM Holy $hit the ETH difficulty just spiked like a Mother Fu#ker last night. For it to spike that much in 12 hours is definitely not from GPU's ??? I'm thinking these are really REAL, and bitmain must be just selling them to there big Asian customers. Be prepared everyone for profitability to be gone from minning in 2018. :'( This is just variance. Sometimes spikes like that happen when there is an alt that's more profitable than ETH that stops being profitable and people switch back. Basically what happened with ETC this week. It may be just variance. But I will say it is quite the spike. https://etherscan.io/chart/hashrate Edit the way that chart looks. It appears to me ASICS came online around August. I remember a couple articles claiming they had ASICS. Everyone then said no no no. I’m over it. Do your own research folks. Look at bitcoin difficulty during Gpu era and look at altcoin during gpu era then the subsequent switch to ASICS. There are legs on the diff chart that are near vertical. Those are massive amounts of hash coming on with one switch. BR Title: Re: ETH GPUs miners beware! Post by: RYXES on February 26, 2018, 02:15:33 PM It is worrying. Been trying to work out if they will be able to mine ETC too? I'm expecting the PoS to come very soon after the ASICs saturate the hash rate entirely.
Title: Re: ETH GPUs miners beware! Post by: QuintLeo on February 26, 2018, 08:16:08 PM This is just variance. Sometimes spikes like that happen when there is an alt that's more profitable than ETH that stops being profitable and people switch back. Basically what happened with ETC this week. It may be just variance. But I will say it is quite the spike. https://etherscan.io/chart/hashrate Edit the way that chart looks. It appears to me ASICS came online around August. I remember a couple articles claiming they had ASICS. Everyone then said no no no. I’m over it. Do your own research folks. Look at bitcoin difficulty during Gpu era and look at altcoin during gpu era then the subsequent switch to ASICS. There are legs on the diff chart that are near vertical. Those are massive amounts of hash coming on with one switch. BR What happened is that ETH price kept climbing, while AMD cards got way expensive due to lack of supply and a few folks ever started buying Nvidia cards - but the supply of cards did NOT keep up with the price climb so the hashrate KEPT climbing 'till the price drop around mid-Feb - at which point ETH hashrate has almost flattened out other than normal day-to-day "luck" variation and the variations when other "basket of equal profitability" coin or coins have a price jump or drop causing folks and autoswitch software to change coins. I don't see ANY point of "near vertical" on the chart, especially after expanding it out. *IF* anyone actually released an ASIC for ETH, it should also work on ETC or any other ethhash/daggerhashimoro algorithm based coin just like the current GPU miners do, just point at an applicable pool. Title: Re: ETH GPUs miners beware! Post by: thesavoyard on February 26, 2018, 08:37:57 PM I hope they make the ASIC and then go bankrupt.
https://coincentral.com/when-will-ethereum-mining-end/ Title: Re: ETH GPUs miners beware! Post by: QuintLeo on February 27, 2018, 10:17:10 PM I hope they make the ASIC and then go bankrupt. https://coincentral.com/when-will-ethereum-mining-end/ Iffy if they have any plans at all to make a equihash miner. Probability zero of them going bankrupt anytime soon, they're making money hand over fist on the S9's they CAN get made, not to mention the L3+ and other lower-volume models. Title: Re: ETH GPUs miners beware! Post by: randomduck on February 27, 2018, 10:33:27 PM How much does everyone think something like this would cost?? Just a rough estimate i guess.
Title: Re: ETH GPUs miners beware! Post by: smoolae on February 27, 2018, 11:51:14 PM How much does everyone think something like this would cost?? Just a rough estimate i guess. Probably around 2.2k-3.7k usd. Title: Re: ETH GPUs miners beware! Post by: 9600 on March 26, 2018, 09:19:28 PM Deep Learning Accelerating Card SC1 Pre-Batch of Cyber Monday Nov. 8 ~ Nov. 18, each user can buy up to 10 units of SC1. You will get the same amount coupons equalling to the quantity of SC1s purchased successfully at Cyber Monday (each coupon valued 50% of the price of SC1). These coupons can be used to purchase our next generation DL card SC3. SC3 will be equipped with BM1682, and scheduled to ship in 2018 Q2! $589.00 Weight: 0.613 kg Quantity:- 1 + Sold out While Sophon SC1 features abundant functions supporting multiple application scenarios, due to the large number of design-in customers, we may not have enough resources to provide further technical support for the standard features beyond those we announce. Please purchase with caution. Keep tune, looking forward to the upcoming new features! *** anyone have any info on the above or have one on order ? I have a significant QTY of Sophon SC1 TPUs in deployment for our research customers. It’s worth noting that the device presents itself to the OS as a Xilinx memory controller with 16GB DDR4. Bitmain has detailed FP16/32 INT functions available to the Metal API with a theoretical max throughout of 2TFLOPS. If anyone is interested in getting schedule SSH access to a host with an SC-1, please feel free to PM me. Title: Re: ETH GPUs miners beware! Post by: AlecMe on March 26, 2018, 10:30:11 PM I hope they make the ASIC and then go bankrupt. https://coincentral.com/when-will-ethereum-mining-end/ I second that :)) Title: Re: ETH GPUs miners beware! Post by: Metroid on March 26, 2018, 11:49:57 PM Its amazing, what made all this crash and instability is asics.
Title: Re: ETH GPUs miners beware! Post by: kjs on March 27, 2018, 12:24:13 AM Fuck BITMAIN.
Title: Re: ETH GPUs miners beware! Post by: rdluffy on March 27, 2018, 12:46:44 AM Fuck BITMAIN. If this is true I'll leave cryptos Decentralization iss my $%%$ Bitmain are dominating everything, this is not the idea I'll sell every coin I have, and join the team against cryptos Let's see if the devs will have balls to do what Bitcoin devs didn't Title: Re: ETH GPUs miners beware! Post by: Spill on March 27, 2018, 12:58:23 AM Yup its over Johnny..... but its not only just bitmain its 3 other companys.
"During our travels through Asia last week, we con confirm that Bitmain has already developed an ASIC for mining Ethereum, and is readying the supply chain for shipments in 2Q18. The initial roll out is expected in 2Q18, but production is expected to be somewhat limited (Bitmain may use these first rigs for proprietary mining within their own infrastructure). Production volumes are expected to ramp significantly beginning in Mya, with more widespread retail availability soon after. While Bitmain is likely to be the largest ASIC vendor (currently 70% to 80% of Bitcoin mining ASICs) and the first to market with this product, we have learned of at least three other companies working on Ethereum ASICs all at various stages of development." They dont have killer Hash rate, The real killer is how little power they use. >:( Here is the link for the whole article https://www.barrons.com/articles/amd-nvidia-at-risk-from-wave-of-new-custom-chips-says-susquehanna-1522082860 (https://www.barrons.com/articles/amd-nvidia-at-risk-from-wave-of-new-custom-chips-says-susquehanna-1522082860) Title: Re: ETH GPUs miners beware! Post by: Marvell2 on March 27, 2018, 01:28:33 AM Yup its over Johnny..... but its not only just bitmain its 3 other companys. eth will fork for sure if that happens "During our travels through Asia last week, we con confirm that Bitmain has already developed an ASIC for mining Ethereum, and is readying the supply chain for shipments in 2Q18. The initial roll out is expected in 2Q18, but production is expected to be somewhat limited (Bitmain may use these first rigs for proprietary mining within their own infrastructure). Production volumes are expected to ramp significantly beginning in Mya, with more widespread retail availability soon after. While Bitmain is likely to be the largest ASIC vendor (currently 70% to 80% of Bitcoin mining ASICs) and the first to market with this product, we have learned of at least three other companies working on Ethereum ASICs all at various stages of development." They dont have killer Hash rate, The real killer is how little power they use. >:( Here is the link for the whole article https://www.barrons.com/articles/amd-nvidia-at-risk-from-wave-of-new-custom-chips-says-susquehanna-1522082860 (https://www.barrons.com/articles/amd-nvidia-at-risk-from-wave-of-new-custom-chips-says-susquehanna-1522082860) Title: Re: ETH GPUs miners beware! Post by: kjs on March 27, 2018, 05:04:41 AM eth will fork for sure if that happens Unfortunately probably not. Title: Re: ETH GPUs miners beware! Post by: stash2coin on March 27, 2018, 06:49:51 AM Forking is not a solution either, they can spin another version of the silicone, its cat, mouse game and in the end the crypto currency may loose value because of the constant forking....so its not that easy to say lets make forks every 3 months, this will put a total mess.
Title: Re: ETH GPUs miners beware! Post by: lotfiuser on March 27, 2018, 06:51:08 AM why asic are coming if ethereum will go to POS this asic are just a scam and wast of money and they will make it harder foreveryone to earn from mining i wish eth will ban them
Title: Re: ETH GPUs miners beware! Post by: stash2coin on March 27, 2018, 06:56:59 AM Do you have a date for the POS??? :D also whoever have the biggest stake of coins will control the crypto, so decentralization my @ss, I'm getting amused that only now people are starting to realize that crypto decentralization is an illusion. There are basic rules that wont change for many years to come... Title: Re: ETH GPUs miners beware! Post by: swogerino on March 27, 2018, 07:09:47 AM I hope they make the ASIC and then go bankrupt. https://coincentral.com/when-will-ethereum-mining-end/ Iffy if they have any plans at all to make a equihash miner. Probability zero of them going bankrupt anytime soon, they're making money hand over fist on the S9's they CAN get made, not to mention the L3+ and other lower-volume models. I think they may have already released an equihash miner, the super spike in difficulty there cannot be explained otherwise. People mining Equihash compared to Ethereum are fewer. Bitmain is having success with the low power consumption miners so an ethereum one may be in plan. Title: Re: ETH GPUs miners beware! Post by: jmigdlc99 on March 27, 2018, 07:46:33 AM Forking is not a solution either, they can spin another version of the silicone, its cat, mouse game and in the end the crypto currency may loose value because of the constant forking....so its not that easy to say lets make forks every 3 months, this will put a total mess. But they only need to play cat and mouse until they complete POS. If you look at the ETH dev calls they're actually already testing POS and it is slowly becoming a possibility. I have utmost confidence in the ETH dev team and although i would hate for it to go POS and loose value in my mining investment, i believe its necessary for ETH to further grow. Title: Re: ETH GPUs miners beware! Post by: Giorgi.mm on March 27, 2018, 07:57:36 AM ETH mining difficulty rises so much day by day, those assholes are already mining I am pretty sure, They wont release miners until there wont be news regarding fork or Pos.
Title: Re: ETH GPUs miners beware! Post by: The Demon Slick on March 27, 2018, 08:55:35 AM I have a significant QTY of Sophon SC1 TPUs in deployment for our research customers. It’s worth noting that the device presents itself to the OS as a Xilinx memory controller with 16GB DDR4. Bitmain has detailed FP16/32 INT functions available to the Metal API with a theoretical max throughout of 2TFLOPS. If anyone is interested in getting schedule SSH access to a host with an SC-1, please feel free to PM me. Does it actually use an xilnix fpga? Just curious. I'm a lot more high on the newer eFPGAs like the Achronix speedcore, I think there's a lot of potential there. Title: Re: ETH GPUs miners beware! Post by: Piskeante on March 27, 2018, 09:17:10 AM Bitmain is already mining with Asics ETH. That's a fact.
Why??? Because it's impossible to move 8.000gh/s within 2 hours. if we consider that normal people have 1 6gpu rig about 180mh/s, That's like saying 44.444 6-gpu's mining rigs were switched to ETH in two hours. That's impossible. Unless you are using ASICS. Do you want another argument??? ETH will go PoS in just about 3 months. Bitmain would never sell not even one ETH asic miner once Vitalik published the Casper patch for PoS , so they are begining to sell their equipment. Bitmain is to be blamed for the increase in difficulty in ETH. And also, by helping to get 100 million coins quicker, advancing the time to PoS. Fuck those motherfuckers to hell!!!!! Title: Re: ETH GPUs miners beware! Post by: Piskeante on March 27, 2018, 09:20:07 AM Forking is not a solution either, they can spin another version of the silicone, its cat, mouse game and in the end the crypto currency may loose value because of the constant forking....so its not that easy to say lets make forks every 3 months, this will put a total mess. But they only need to play cat and mouse until they complete POS. If you look at the ETH dev calls they're actually already testing POS and it is slowly becoming a possibility. I have utmost confidence in the ETH dev team and although i would hate for it to go POS and loose value in my mining investment, i believe its necessary for ETH to further grow. i aggree in that ETH will go PoS very soon. My guess is in three months from now. But ....i would like to know why PoS would increase the value of ETH. Moreover, i would like to know why ETH would grow more. I have the contrary opinion on yours. Title: Re: ETH GPUs miners beware! Post by: treanski on March 27, 2018, 10:05:06 AM any source for eth pos or just speculations?
Title: Re: ETH GPUs miners beware! Post by: Piskeante on March 27, 2018, 10:25:49 AM any source for eth pos or just speculations? The source is Vitalik. He has repetedly said he would like 100 million coins. no more than that. If you enter here : https://etherscan.io/stat/supply you watch coins generated in 1 day, and you make maths, you´ll see it. what we don't know is whether Vitalik will allow to have more coins. That's pure especulation. What IT IS NOT, is that in 3 months , according to Vitalik expectations, PoS should be applied to ETH. Title: Re: ETH GPUs miners beware! Post by: percy_tc on March 27, 2018, 10:31:46 AM Bitmain is already mining with Asics ETH. That's a fact. Why??? Because it's impossible to move 8.000gh/s within 2 hours. if we consider that normal people have 1 6gpu rig about 180mh/s, That's like saying 44.444 6-gpu's mining rigs were switched to ETH in two hours. That's impossible. Unless you are using ASICS. Do you want another argument??? ETH will go PoS in just about 3 months. Bitmain would never sell not even one ETH asic miner once Vitalik published the Casper patch for PoS , so they are begining to sell their equipment. Bitmain is to be blamed for the increase in difficulty in ETH. And also, by helping to get 100 million coins quicker, advancing the time to PoS. Fuck those motherfuckers to hell!!!!! Where do you see that hash increase? Title: Re: ETH GPUs miners beware! Post by: Piskeante on March 27, 2018, 10:50:36 AM Bitmain is already mining with Asics ETH. That's a fact. Why??? Because it's impossible to move 8.000gh/s within 2 hours. if we consider that normal people have 1 6gpu rig about 180mh/s, That's like saying 44.444 6-gpu's mining rigs were switched to ETH in two hours. That's impossible. Unless you are using ASICS. Do you want another argument??? ETH will go PoS in just about 3 months. Bitmain would never sell not even one ETH asic miner once Vitalik published the Casper patch for PoS , so they are begining to sell their equipment. Bitmain is to be blamed for the increase in difficulty in ETH. And also, by helping to get 100 million coins quicker, advancing the time to PoS. Fuck those motherfuckers to hell!!!!! Where do you see that hash increase? you can watch it here. https://www.cryptocompare.com/mining/calculator/eth?HashingPower=&HashingUnit=MH%2Fs&PowerConsumption=&CostPerkWh=&MiningPoolFee= i look this page like 100 times a day. That's why i see those changes. Title: Re: ETH GPUs miners beware! Post by: MagicSmoker on March 27, 2018, 10:57:24 AM Just to add to the rumor mill, I caught the tail end of a segment on CNBC yesterday where it was mentioned that Bitmain "is about to release" a miner for ETH based on Samsung ASICs (at least I think I heard Samsung - I was driving and just switched over to CNBC on my satellite radio). For those not aware, CNBC is a financial news channel in the US which occasionally covers crypto. I wouldn't call them an authoritative source in these matters, but I also wouldn't think they'd bother just reporting a rumor on something so obscure as the vast majority of their audience is only interested in stocks, bonds and options.
UPDATE - here is the link to the online article: https://www.cnbc.com/2018/03/26/analyst-slashes-amd-nvidia-price-targets-on-new-cryptocurrency-mining-chip-from-china.html (https://www.cnbc.com/2018/03/26/analyst-slashes-amd-nvidia-price-targets-on-new-cryptocurrency-mining-chip-from-china.html) Title: Re: ETH GPUs miners beware! Post by: QuintLeo on March 27, 2018, 07:37:13 PM Bitmain is already mining with Asics ETH. That's a fact. Why??? Because it's impossible to move 8.000gh/s within 2 hours. if we consider that normal people have 1 6gpu rig about 180mh/s, That's like saying 44.444 6-gpu's mining rigs were switched to ETH in two hours. That's impossible. Unless you are using ASICS. Do you want another argument??? 8 GHash for Ethereum is well within the range of NORMAL LUCK shifts, there is no need for "44 6-card GPU rigs" to have been brought online in 2 hours to account for it. It's only about 3% of the current total network hashrate after all. AUTOMATIC PROFIT SWITCHING mining rigs could account for a lot more than THAT in less than 5 MINUTES - or a single medium-sized Nicehash order starting up could account for it in less than *1* minute. Watching short-term variations and trying to make something monumental out of them is a fools game. Casper won't kill ETH mining immediately - that's the "1%/99% first step for TESTING PoS" that *MIGHT* finally go live in a few months if they don't have any MORE delays, making it very unlikely ETH will move to full POS before the end of the year even IF there are no more delays. Title: Re: ETH GPUs miners beware! Post by: Branko on March 23, 2019, 08:28:17 PM ....aaaand, after all this time, despite ASIC manufacturers efforts, ETH GPU mining is still not dead
(although not nearly as good as when thread started) Title: Re: ETH GPUs miners beware! Post by: dagarair on March 23, 2019, 08:43:30 PM Bitmain is already mining with Asics ETH. That's a fact. Why??? Because it's impossible to move 8.000gh/s within 2 hours. if we consider that normal people have 1 6gpu rig about 180mh/s, That's like saying 44.444 6-gpu's mining rigs were switched to ETH in two hours. That's impossible. Unless you are using ASICS. Do you want another argument??? ETH will go PoS in just about 3 months. Bitmain would never sell not even one ETH asic miner once Vitalik published the Casper patch for PoS , so they are begining to sell their equipment. Bitmain is to be blamed for the increase in difficulty in ETH. And also, by helping to get 100 million coins quicker, advancing the time to PoS. Fuck those motherfuckers to hell!!!!! ROFL I have 105GH of GPUs on ETH I can switch anywhere I want in less than 10 Min. Yes I move them to GRIN, Raven etc from time to time. Title: Re: ETH GPUs miners beware! Post by: John46285 on April 18, 2019, 04:16:05 PM so it means that it's not worth to start buying gpus and building rigs? I also thinking about this that it’s not much worth to start purchasing gpus and building rigs. But somebody said its still good. |
