It's a silly proposition, because when most coins have been mined the network still needs to be maintained for transactions, and that maintenance needs to be as energy efficient as possible as there won't be much profit in running it, nothing beats an ASIC in energy efficiency for mining crypto.
Yeah, but I think that is only half of the equation, the other half is "control" and with ASICs the big players can very easily manufacture a gizzilion chips and 51% the network, no? No because ultimately it will be only ASICs mining, so it will be ASIC vs ASIC for control. Ignoring ASIC as the dominant technology, is like insisting that we all keep using incandescent lamps instead of LED or CF. When electricity costs $1/kWh if you aren't running ASIC you aint gonna be mining. |
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You're maybe right, but I am a bit obsessed you know, I keep my cards under 60C  Then buy a 50GH/s Single not a 60GH/s unit. I have never had a GPU fail at 70C, it's always the other components that fail not the GPU chip. |
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It's a silly proposition, because when most coins have been mined the network still needs to be maintained for transactions, and that maintenance needs to be as energy efficient as possible as there won't be much profit in running it, nothing beats an ASIC in energy efficiency for mining crypto.
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I'm guessing still more efficient than a GPU Yeah like 100 times more efficient. |
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Looks like 252W I think. The 60GH/s draws more than the 50GH/s, they will be around 225W |
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That's cool, the red suits it. |
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If people have an order with BFL they should just see their own interest and not throw a wrench in the works, now that BFL is finally shipping.
If they don't have an order, then they should just mind their own business and quit playing the Unsolicited Captain Frickin Avenger, and let the others receiving their products.
My opinion also.
You realize that your just feeding the forums worst troll, I have had him on my ignore list since April. No need to take my word for it, just look at the list of top 10 posters: https://bitcointalk.org/index.php?action=stats |
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The first single :-) Probably there will be only this one and that's why it's called single  They shipped two yesterday, so much for your troll The orders will be shipped when they are worthless cause Asicminer presents the next generation of chips in oktober or november this year... - Get your money back from BFL and buy ASICminer Shares
ASICMINER shares are a total joke, they sell for 2.5BTC and pay a pathetic dividend which you can read all about here: https://bitcointalk.org/index.php?topic=150047.20You can make an order of magnitude more BTC running $274 5GH/s ASIC miner from BFL, or simply investing in normal shares and exchanging the dividend for BTC. ASICMINER is the biggest ripoff I have heard of in the ASIC market. ASICMINER prey on noobs. |
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Singles shipping now. yaaaaaaa boiii
I foresee the start of a near vertical climb in BTC difficulty. |
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It's on the page before in this thread.
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Lol If they actually come up with hard drive mining, you are gonna feel like a doooosh
Just sayin..
Hard drives are a disk of spinning metal that you read and write stuff to with magnetic fields. They are passive devices like a paper punch card. |
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Would it be feasible to make a coin that mines using your hard drive and if so, what would go into making one. Not the actual code but for example how would it mine using your hard drive?
They all use your hard drive. Perhaps you need to think about what you are actually asking? |
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The also put their new Mini rig back on the product page, it's a lot more expensive then say KCminer, with the 2mth+ lead time it's probably not worth it.
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An ASIC (application-specific integrated circuit) is a device custom built specifically do perform a specific application: in this case mining bitcoins. The only thing that's gonna be faster than an ASIC is a better ASIC (even if you get a quantum miner specifically optimized for mining bitcoins, it'll still technically be an "ASIC"). Currently existing ASICs are based on pretty old fab technology and likely are not optimized to the same degree that a larger company would optimize their chips. My rough estimate would be that a fully optimized ASIC on the latest process size would have about 100x the hash/power performance of currently existing bitcoin mining ASIC chips. In another few years process size will have shrunk further still, there is considerable research being done right now on 9 nm technology. So yes, over the next couple of years, if bitcoin continues to be profitable, expect new products to come onto market that have about 100x or more the hash rate of current products for the same power draw.
As to if you can build your own... yes. After all, someone built their own GPU, FPGA, ASIC, etc, before they were ever available for sale. However, you need substantial knowledge, skill, time, software, and equipment to do it.
Only "chips" can be used? http://www.extremetech.com/extreme/144248-neuristors-the-future-of-brain-like-computer-chipsWould "Neuristors" count as chips? They replicate brain function...  Since when are brains any good at doing SHA256 or scrypt mining calculations? They are not, it would be pathetically slow. If brains could mine crypto we wouldn't need computers. Neurons are analog devices with summing junctions etc. not suitable for precise digital calculations. |
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That's setup in the photo will probably cost you well over $14,000 and has a total lower net hash than a BFL little single $1,299.
A bird in the hand is worth two in the bush. M Your BTC is the bird in the hand, the USB sticks are the birds in the bush. |
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Is it possible to "build" your own GPU/FPGA or even ASIC?
Will there be anything more powerful at mining than an ASIC in the next couple of years?
Expensive equipment and years of study are required. It's unlikely anything will be more powerful than an ASIC in the foreseeable future, as ASIC is a general term that covers a wide variety of electronics, and I don't see any non-electronic mining designs coming in my lifetime. |
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