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21  Alternate cryptocurrencies / Mining (Altcoins) / Re: Baikal Giant N - Cryptonight, Cryptonight-lite FPGA/ASIC miner on: March 29, 2018, 09:16:56 AM
Baikal seems still to be sitting on a bunch of devices. They just onlined 7.5MH on my pool Smiley

How you know it's them?
22  Alternate cryptocurrencies / Mining (Altcoins) / Re: Baikal Giant N - Cryptonight, Cryptonight-lite FPGA/ASIC miner on: March 29, 2018, 01:21:16 AM
Hey man, have you checked if your baikal miner fpga or not?  
It's ASIC.

Oh man, I was hoping it was going to be fpga....You think you can recoup your cost before the fork?  

Are there 100 days to go before the fork?

If you get lucky you might make over $100 before the fork.
23  Alternate cryptocurrencies / Mining (Altcoins) / Re: Baikal Giant N - Cryptonight, Cryptonight-lite FPGA/ASIC miner on: March 26, 2018, 10:24:42 PM
So I should receive my 2 x GiantN in a few hours (according to the courier).  I will report back.  I do have a question about the Monero fork though.  We know from the X10 reverse engineering thread that even X10's shipped in November have references to the Giant-N and cryptonight in their code, so it is fair to assume Baikal has been hashing cryptonight since November.  Now what would YOU do if you were baikal, facing the hard fork?  We know the X10 is ASIC's, not FPGA's, we don't know about the Giant-N (yet; I might take it apart), but assuming the Giant-N is ASIC, then the obvious thing for Baikal to do would be to switch all their (hundreds) of Giant-N machines to Monero (off of all other cryptonight coins), and set up some master nodes and gain 51% of the network hash rate.  Then, when the fork happens, the fork fails because the V7 algorithm doesn't have 51% of the hash rate.  Am I missing something here?  I mean the fact that Bitmain doesn't even know the exact hash rate or power consumption of their X3 means it isn't even online yet, so it is fair to assume Baikal is the only company capable of attacking the V7 fork with real hardware.   At the current Monero net hash rate it would take Baikal 21,880 Giant-N machines to gain 51% of the hashrate-- assuming not a single of their Giant-N are already hashing Monero.  Perhaps that's unrealistic.




- A 51% attack will not prevent the hardfork fork.  A 51% attack could attempt to alter the chain before the fork creating some issues. Either way the old chain is still going to be alive, so ASIC miners can continue on it. However, there will be no one to sell to, and no exchanges supporting the old chain( I assume). No community consensus. The majority of the Monero  community don't just "dislike" ASICs and Bitmain, they "hate" them. It's War.
- Don't assume just because Bitmain haven't released exact hash rates/ power consumption that there x3 isn't online yet! That probably just means there are firmware updates to come before the public release.   
24  Alternate cryptocurrencies / Mining (Altcoins) / Re: My Asrock H110 Pro BTC+ caught fire on: March 24, 2018, 02:01:46 AM
Helps if you read the manual (which is actually very well written). Im surprised how many ppl dont.
On Page 23:


http://asrock.pc.cdn.bitgravity.com/Manual/H110%20Pro%20BTC+.pdf


2.7 PCIe Power Connector Installation Guide

The two extra 4-pin power connectors on this motherboard offer more power for your graphics
cards. They provide stable voltages and greatly reduce the risks of burning your motherboard
or graphics cards.

When more than three graphics cards are installed, be sure to install the PSU’s 4-pin
power cables to the 4-pin power connectors (PCIE_PWR) on your
motherboard; otherwise, the cards may be damaged.

Please MUST install TWO PSU’s 4-pin power cables to your MB’s TWO 4-pin power
connectors.

^ More from the Asrock H110 Pro BTC+ manual

As Bigjee has pointed out, the ASrock manually clearly states that all power connections must be coming from the same PSU and that when more than 3 cards are being used you must ensure the two 4pin( molex) are connected to the Motherboard.

Looking at the diagram OP has posted, it appears he is correctly connecting the 2x additional 4pin molex power connectors into the Motherboard from the same PSU that is powering the motherboard ATX12v/ 24pin (PSU1).  BUT he is also connecting an additional 4pin power connector from (PSU2) into the motherboard! So no wonder it caught fire. - https://www.dropbox.com/s/vv8s1lhvuuvcojh/rig%20sata-molex.png
25  Alternate cryptocurrencies / Mining (Altcoins) / Re: My Asrock H110 Pro BTC+ caught fire on: March 24, 2018, 01:45:09 AM
Did some more research on the right way to configure a dual PSU setup. This Biostar 12 GPU dual PSU mining setup guide states:

http://www.biostar.com.tw/app/kr/event/crypto_mining/page4_2.htm

Quote
**The power cable for riser card and power cable for graphics card must come from same power supply uint.



Given Biostar makes mining motherboards, USB riser kits, GPU's and they also have a financial incentive not to warranty thiose products, I believe they have an objective view on how to setup dual power supplies correctly. So I accept powering the riser and GPU with the same PSU is the correct way.

I just rewired the risers and cards on my rigs so that the riser and VGA power connector on the cards are on the same PSU. The power consumptin from both type of setups is the same. The same Biostar mining guide also says you should only use a max of 2 risers per PSU power cable.

Quote
*Each power cable from power supply is limited to be connected to 2 graphics cards or 2 PCI-Ex16 riser cards.



On a side note I want to say that I ran my dual and triple PSU rigs with all the risers connected to PSU that powers the motherboard and the secondary PSU only powering the VGA 6/8 pin power under a heavy dual mining load 24/7 for almost a year and nothing bad came from it and my rigs are very stable.

But this is for a specific Biostar mining board. They are also suggesting to plug 2x molex connectors directly into the MB, which according to Viperguy is a big no no/ fire hazard.
26  Alternate cryptocurrencies / Mining (Altcoins) / Re: My Asrock H110 Pro BTC+ caught fire on: March 24, 2018, 01:37:35 AM
I have read a popular post before from an "electrical engineer" making the same claims as you. The flaw is that most risers still draw power from the MB, if they didn't then you would be correct. Have you ever tested this out? If OP had the PSU powering the MB connected to all the risers, and the MB molex coming from the same PSU that powered the MB 24pin/12v.  then he never would have ran into a issue.  

I don't think MB manufacturers have got this wrong, I think you've got it wrong. Some boards will not post with more than 3-4x GPUs without a molex plugged in.  It's only a problem if the molex you are using is coming from the PSU that's not plugged into the motherboards 24pin/12v connector.  

I've said it before and I'll say it again, you do NOT need to use the Molex connector on any motherboard when powered risers are used. Doing so is dangerous as seen in this case. Built in safety nets are bypassed when using that out-of-spec setup. There is very little power draw through the USB riser cable. It's primary function is to pass data, not power. If there is more than a couple watts passing through, then the powered riser is not doing it's job and is junk. The molex connector design on MB's was only put in place to facilitate multi GPU's directly connected in the slots for Crossfire/SLI configurations on Gaming MB's that had two or more cards running in the full length slots. It is an unnecessary design to have it on a mining board with 1x slot when powered risers are used. Molex connectors weren't even designed to exceed 36 watts so it's pointless to even have one molex boost 12 PCIE slots, it would theoretically only supply 3 watts per slot anyway. It is a design flaw that the Chinese just winged at and completely ignored the power limits and design standards of the components used. This fire hazard could have been avoided if the molex connector simply had not been used. The MB would have likely just shut down in the OP's situation instead of running current through an unmonitored bus. I would be more worried about having a separate switching PSU power the GPU PCIE 12V bus than the 6/8 pin 12V PSU. There's two high current differentials waiting to create a disaster right within the GPU itself.


Some motherboards will not post when more than 3 or 4 cards are plugged into, without a molex connector plugged into the MB, it's programmed into the bios. eg most x99 boards are like this.  What are you suppose to do then? tbh I don't really care about molex and mbs. I'm only interested in dual psu configurations

I have a multiple rigs setup that use 1x PSU for MB + risers, and the 1xPSU to power the 6/8pin, they have been running for over 6 months .  I originally read that post linked below from mid 2017 by the "electrical engineer" and set my first rig up so that each riser + card was powered by one PSU and the other PSU was used to only power the Motherboard.  After turning on the PSU that was powering the riser/ cards, and turning on the PSU that was powering the MB, my motherboard started smoking.  I thought i'd fried it!

When I started reading other posts about dual PSU's problems, all the problems came from people who were mixing and matching PSUs, and had a combination of different PSUs powering the risers and MB. I then came across a video from the pop Youtuber- "Bits Be Trippin" who said to use the same PSU for MB & risers, and then the slave PSU for the 6/8pin, otherwise you run the risk of creating ground loops.  That dude would have built 100s of dual PSU rigs.  How many have you built? After following this advice I've never had any issues running dual PSUs( I have 8x rigs ranging from 7 to 12 cards each)

You said above that "There is very little power draw through the USB riser cable". Even if there is very little power draw, this is still power draw. So the assumption that there is no power connection between the riser and motherboard is false.Please think about this some more.

27  Alternate cryptocurrencies / Mining (Altcoins) / Re: Baikal Giant N - Cryptonight, Cryptonight-lite FPGA/ASIC miner on: March 18, 2018, 06:26:54 PM
just wait a little bit longer, then you will get them for free Grin
Too late buddy Cheesy Only good thing that comes from Baikal is that it should be FPGA Cheesy


Baikal use ASIC chips in all their miners. The whole they must be "FPGA" because they support multi algo is BS. 
28  Alternate cryptocurrencies / Mining (Altcoins) / Re: Bitmain Antminer X3 -- 220KH+ Cryponight - 550W on: March 18, 2018, 12:17:02 AM
Bitmain or Bailkal might have been mining with some machines on CN in the last month - but the hashrate before that does NOT support any sort of a "mass deployment" of ASIC having happened by ANYONE.

200k Vega sales would account for most of the CN hashrate growth between November and early Febuary, when the DIP in hashrate happened, and there are reports of a MASSIVE botnet deployment that also happened sometime late last year or early this year.



Crytonight ASIC miners would have been running since last year. The whole botnet thing was a "false flag".   200k Vega? where did that number come from?

Let's assume 200k VEGA were solely on XMR, then that would only account for up to 400 mh/s.  The XMR network went from low 200s in November 2017( After the first batches of VEGA were shipped), to over 1gh/s in Feb 2018.

How does VEGA account for most of that? 
29  Alternate cryptocurrencies / Mining (Altcoins) / Re: Baikal Giant N - Cryptonight, Cryptonight-lite FPGA/ASIC miner on: March 17, 2018, 11:46:38 PM
Why does anyone talk about Monero only ? There are tens of cryptonight coins, much more profitable than monero, mineable with these Asics. Yes, Monero will fork, but no one forbids people to mine other coins and buy monero afterwards. And yes, other coins will be destroyed by so many powerful miners flooding the market, and most of those miners will ROI (not talking about those who paid the ridiculous price for the first batch). It will take time for these miners to become obsolete, as it's gonna take a lot of time for other CN coins to switch algo. Again, the planet doesn't revolve around Monero, wake up people.

But i still find it funny how all companies released a cryptonight miner at the same time. As if it was a single company under different names, controlling the miner's market.

XMR have 950Mh (700 Mh of which is estimated to be asics), ETN have 320Mh, GFT+IPBC+SUMO have <150Mh combined, other coins have <60Mh combined.
If XMR and ETN forks then first batch of bitmain will have estimated payback period around 8 months at best. If GFT, IPBS, SUMO forks it will be 2 years at best.


How about Stellite, Turtle, Bitcoal , Dero, Edollar and a dozen other tradable CN coins? Most of them just started and are more profitable to mine. Each week there's a new one coming out, keeping the original cryptonight algorithm. I hope it's gonna be like you say, otherwise all small miners with will get smashed like bugs.

These coins have little liquidity though, hard to dump them in the market when there's so little volume traded daily


Exactly, you're lucky if the 24 hour volume in most of the Cryptonight Alt coins is 1-2 BTC( the likes of GRFT, IPBC & SUMO have all confirmed a V7 change anyway). ASIC miners have been focused on XMR because it's the only Crytonight coin that has the volume/ liquidity to support any kind of selling( 24hr volume = 6000BTC). The only Cryptonight coin that has any kind of volume to support ASIC miners would be BCN.(300BTC), XDN( 300BTC), and ETN ( 150BTC).  BCN & XDN are barley profitable at the moment with small network hashrates( 5 & 10mh/s). So you start pointing ASCIS at them and difficulty will shoot right up making them unprofitable. ETN is the best candidate for an ASIC pump but it's only going to be short lived until they figure out how to change to V7   
30  Alternate cryptocurrencies / Mining (Altcoins) / Re: My Asrock H110 Pro BTC+ caught fire on: March 16, 2018, 06:03:55 AM

If you are running dual PSUs then PSU(1) that powers the motherboard should also power all the risers. The other PSU(2) should only power GPU 6pin/8pin. This configuration ensures both PSUs are properly grounded.


You must connect the SAME psu that powers the riser to the same GPU 6/8 pin 12V connector. The purpose of the power to the riser is to give a current boost to the PCIE 12V bus feeding the GPU (up to 54 watts), not to feed power back to the MB.  If you have been doing it the way you described, only luck has been on your side. I know others do it this way as well, but this is actually wrong and is one of the reasons people have stated they can only run 2 risers on the same molex cable bus before it gets hot. It's overheating because the voltage potential between the molex 12v bus on one PSU and the 6/8pin 12V on another PSU is out of phase and causing a balancing current draw. But the part you said about not using the molex on the MB is correct.

Likely the reason why the OP burned up his MB is because he used the molex connector on the MB in the first place. You can't do this while using more than one PSU with the risers or GPUs. The reason is because of voltage phases with switching power supplies. He also may be on to something with one of the GPU PSU's being off and the MB trying to power the GPU alone, but this is a design flaw with all these Molex motherboards. There was never a provision for additional power to be supplied the way they are doing now. In normal circumstances, without the molex power being there, his MB would have simply shut down from an overload and prevented this hazard. but because that molex connector is running 12V on it's own bus, bypassing other circuits and thermal overload protections, it just ran away with the current. His PSU should have also prevented this from happening but the molex bus is allowed to do it's own thing and doesn't have the overload protections that the 24-pin bus has in place.

I'm an electrical engineer, and I have yet to understand how the MB manufacturers have got this so wrong. You can NOT use one PSU to power the risers and another to power the 6/8 pin GPU connectors with switching power supplies. This will create a potential delta of 12 along the same bus if and when one PSU is out of phase with the other on the same circuit. I don't think most people understand how a switching PSU works. It's basically a square wave cleaned up, but under heavy load it still shows itself as a square wave. For argument's sake, think of one PSU at a +12V peak for 60 cycles (an example, but it could be higher) and another at anything less than 12V or even zero, for 60 cycles on the same circuit. Whatever the difference is, the phase will create a voltage potential that shorts the circuit or the power bus in this case.

Do NOT use the molex connectors on the ASRock or Gigabyte mining boards. It is not necessary and is actually dangerous when using more than one PSU. It's a design flaw to even offer them. You would only ever need to use the molex connector if you had one single insane PSU run all the GPU cards and didn't use powered risers.  I have been running both the ASRock and Gigabyte mining boards with 12 cards and have never used the molex connector on the MB.


I have read a popular post before from an "electrical engineer" making the same claims as you. The flaw is that most risers still draw power from the MB, if they didn't then you would be correct. Have you ever tested this out? If OP had the PSU powering the MB connected to all the risers, and the MB molex coming from the same PSU that powered the MB 24pin/12v.  then he never would have ran into a issue.  

I don't think MB manufacturers have got this wrong, I think you've got it wrong. Some boards will not post with more than 3-4x GPUs without a molex plugged in.  It's only a problem if the molex you are using is coming from the PSU that's not plugged into the motherboards 24pin/12v connector.  
31  Alternate cryptocurrencies / Mining (Altcoins) / Re: My Asrock H110 Pro BTC+ caught fire on: March 16, 2018, 02:22:55 AM
For maximum safety, when you have multiple PSU for 1 rig, you have to connect all motherboard connectors, HDD, some GC and ALL risers on first PSU.
Secondary PSU should only be use to power graphic cards. If you split risers between PSU, you still have a risk...

No. A GPU and it’s riser should be on the same PSU.

No, sorry, everything related to motherboard must share the same ground. By plugging risers on different PSU you have a chance to join 2 different ground and make your motherboard break down. In worst case it can start fire. Plugging only graphic cards on a second PSU won't make any problem.
I won't take the risk to see my house burn just for bad plug on a rig...

I agree. The PCI-E specification also clearly states the x16 PCI-E slot can be powered by a different PSU rail than the VGA 6/8-Pin aux power on the card. That's how I setup my triple and dual PSU rigs. The same PSU that powers the motherboard also powers all the risers. The other PSU's are only for the VGA power connectors on the cards. If there is more than one 6/8-PIN power connector on the card, you MUST make sure they are powered by the same PSU rail.








All I have read on these forums is power riser+GPU should be on same PSU.


If you are running dual PSUs then PSU(1) that powers the motherboard should also power all the risers. The other PSU(2) should only power GPU 6pin/8pin. This configuration ensures both PSUs are properly grounded.

If you connect an additional power connector eg Molex, from PSU(2) directly to any part of the motherboard then expect things to end badly.



32  Alternate cryptocurrencies / Mining (Altcoins) / Re: My Asrock H110 Pro BTC+ caught fire on: March 16, 2018, 12:46:22 AM
Hi guys,

Today it seems I fried my Asrock H110 Pro BTC+ mobo... Damage on the 12 connected GPUs I still have to assess Sad

The connector of one of the 3 power supply cables to the mobo caught fire. Luckily I had the reflex to pull the power cord from the socket the moment I saw the flames... You can see the damage in this picture. The connector and part of the power cable have melted and the mobo is scorched.

https://www.dropbox.com/s/44e5scw4gkqxfwv/Foto%2015-03-18%2019%2022%2020.jpg

Before replacing the mobo, I want to know what went wrong. I don't want to die in a fire because my rig acts up at night.

The wiring scheme:

https://www.dropbox.com/s/vv8s1lhvuuvcojh/rig%20sata-molex.png
The red line indicates the wire that caught fire.

What happened:
- I shut down my rig using remote desktop
- After a minute, I went to check if it was really shut down in the other room. I wasn't, it was on fire.

What I think happened: the mobo shut down PSU1, together with the connected GPUs to that PSU. However, somehow PSU2 failed to shut down, still powering the GPUs.
The GPUs tried to draw power from the mobo, which was only supplied by the one power line from PSU2 which got overloaded and caught fire.

Any thoughts on this?

Did you connected a molex plug from a 2nd power supply directly into your MB?
33  Alternate cryptocurrencies / Mining (Altcoins) / Re: Baikal Giant N - Cryptonight, Cryptonight-lite ASIC miner on: March 15, 2018, 05:53:43 AM
I really wish people would stop calling FPGA's ASICs.  Baikal (so far) has only made FPGA mining rigs.  There is a huge difference between an FPGA and an ASIC.  An FPGA is not that much different from a GPU.  Anyone can get one.  Anyone can buy a Zynq FPGA board from digikey for $89-$199, or a higher end one for more money, and if you take a little while to learn how to program it, you can hash any algorithm except equihash & ethash.  Furthermore, your ROI will be better than a GPU in almost every case, in some cases dramatically better (as Baikal showed with the X10 and Giant-B).

ASIC's on the other hand are NOT available to everyone.  First you need the software (Synopsys, which costs $500K), then you need at least $3 million USD for the first batch of chips (assuming you can find a billion dollar fab that wants to run your project), and most likely the first revision fails and needs at least another $3 million for another revision.

So:
CPU's + GPU's + FPGA's = available for everyone, can be programmed by anyone with extremely low cost or free tools
ASIC = extremely expensive and not feasible for an individual

I'm working on my own FPGA rig and I suggest other people do the same.  It also allows you to stay ahead of the curve, especially on smaller altcoins.  Baikal is good at making FPGA mining equipment, good for them.  Embrace change and advancement. 

And for those who are wondering, 60W for 20,000 hash on Cryptonight is absolutely feasible for a single FPGA with multiple external SRAM's.

And for those who want to develop their own FPGA rigs, make sure to analyze the algorithm(s) you want to implement, and choose the best board for the task in terms of the amount of internal memory the FPGA has vs. the amount of logic cells & DSP slices.


I am also working on a FPGA miner,  what algorithm are you working on?  

I have taken apart both the Giant B and the Giant X10 apart myself.  The chips are definitely ASIC because they have the Baikal logo etched on to them and an unknown model number(I will post pics if anyone wants them).  Even if Baikal for some reason etched thier own logo on an FPGA, the chips are very tiny compared to any FPGA's I have ever seen.  Most high-end FPGA's are the size of a CPU. Also, FPGA's do not perform 100 times better than a GPU (like most ASICs).  They do at the best ~8 times the performance of a GPU with a $3000 FPGA.

Just because Baikal miners support multiple algorithms doesn't mean they are FPGA's.  ASICs can support multiple Different Algorithms but it takes away die space which makes the miners not perform as fast it would with 1 algorithm.  This is part of the reason Bitmain's A3 does so much better than the Baikal B (at siacoin), because Bitmain A3 has the entire ASIC die dedicated to Siacoin.   If you still don't believe me, look at Dash miners, the x11 algorithm is comprised of 11 different algorithms that can fit in one ASIC (which includes Skein).

Some of you maybe wondering how they have updated their Baikal x10 to support new algorithms.  Baikal probably has already developed them from square one (or atleast knows which one they are doing) but is waiting for the current Algorithms to be unprofitable.  I almost gurantee that one of the next algorithms for the x10 will be Nist5 becuase Nist5 uses 5 algorithms that are used in x11 except they are 512 bit. which is Keccak512, Blake512, Skein512, Gr0estl512 and JH512.

Back to the Baikal N:  I don't think a 20 kh/s cryptonight FPGA miner is feasible because there is too much latency/bandwidth involved in offloading memory into external sram's.  It would however be possible to use a high-end FPGA chip like the Virtex-7.  The Virtex-7 has about 68mb of internal block ram so you could put ~34 really fast monero cores but I don't know if it would get 20khs(but maybe).  These chips cost over $2000 each and would be unreasonable for Baikal to use them.  


Those who are mining monero with GPU, you can sleep soundly, baikal can't update their miner.


Thanks for your post. Finally someone nails it.  The premise that Baikal only makes FPGA's is Fud.
34  Alternate cryptocurrencies / Mining (Altcoins) / Re: Baikal Giant N - Cryptonight, Cryptonight-lite ASIC miner on: March 14, 2018, 09:58:30 PM
I really wish people would stop calling FPGA's ASICs.  Baikal (so far) has only made FPGA mining rigs.  There is a huge difference between an FPGA and an ASIC.  An FPGA is not that much different from a GPU.  Anyone can get one.  Anyone can buy a Zynq FPGA board from digikey for $89-$199, or a higher end one for more money, and if you take a little while to learn how to program it, you can hash any algorithm except equihash & ethash.  Furthermore, your ROI will be better than a GPU in almost every case, in some cases dramatically better (as Baikal showed with the X10 and Giant-B).


Are you really sure that Baikals X10/B are FPGA? (Which FPGA, by the way?) While it is enterely possible, technical characteristics of these products are not typical for FPGA. Especially the low power consumption.

As for ROI I wouldn't expect good ROI from entry and mid-range FPGA boards because of their weak power supplys. We need propertly designed professional grade DC/DC for core voltage, that is rarely seen in practice.


There is nothing suspicious about the Giant-N.  I was already working on an FPGA cryptonight miner before the Giant-N was announced (and obviously I am now focusing on other algorithms).  The power of 60W is realistic for one FPGA accessing many external SRAM's.  Unlike DRAM, SRAM consumes very little power.  The fundamental nature of Cryptonight is that it uses almost no number crunching (by design).  A single FPGA just accesses many parallel SRAM's and these memory accesses do not consume a great deal of power.  FPGA's consume way less power than other mining devices already.  Consider the X10 burns 250-500W and makes the same amount per day as a 2000W GPU rig.  Some algorithms burn more, some burn less, and algorithms that have no number crunching (like Cryptonight) burn the least.  The reason a Vega 56/64 burns so much power on cryptonight is because it is using high bandwidth external memory, a totally different approach than using many SRAM's in parallel.

FPGA's can be reconfigured very quickly.  It is true that certain PCB designs and part selections are better at some algorithms than others.  But it doesn't matter if Monero does a hard fork, you can still just use an FPGA to mine the new algorithm, ad infinitum.  As I mentioned before, only Ethash is truly resistant to FPGA's.  As Baikal has more and more FPGA miners on the market with different types of FPGA's and RAM (Giant-B, X10, Giant-N), a coin which 'forks' would have to know the exact internal configuration of every FPGA mining rig on the market to 'avoid' a new algorithm which could be efficiently mined by them.  To give an example, there is a decent chance that Monero's new algorithm could be (accidentally) mineable by the Giant-B or Giant-X10 or Giant-N, and all Baikal has to do is release new bitstreams (firmware for the SD card) that would update those rigs to mine the new algorithm.

As the number of different FPGA rigs on the market continues to increase, it would be very difficult to fork to an algorithm that would be immune to those rigs, unless you pick an Ethash style algorithm.  Furthermore if you add in all the cheap FPGA boards available from companies like Digikey, Avnet, Xilinx and Intel, then there is ALREADY a mass produced FPGA board that can do any algorithm efficiently except Ethash.

FYI the Monero ASIC statement is specific to ASIC's.  They specifically say they want to avoid ASICs mining their coin (they speak of FPGA's more favorably, and separately from ASICs).  Since the Giant-N is an FPGA rig, it doesn't actually fall into the category of something they would fork away from.  Furthermore, the Giant-N hash rate is not devastating to GPU's.  It has a slightly better ROI than Vega's, but in no way do Vega's become obsolete.  Baikal would have to ship out 100,000 Giant-N's to truly disrupt the Cryptonight networks, which is unlikely.

(BTW I bought 2 Giant-N from a local reseller in Vancouver.  The units are supposed to arrive on Monday.)




If the Baikal Giant N is an FPGA that could resynthesize from a hardware update and be effective after the V7 Fork, then why are Baikal only selling them for $3600 per unit? And why are they no longer marketing them as being compatible with Monero? Is the public sale of these units weeks before the V7 fork just a coincidence? For DIY setups like you're talking about then FPGA is the only viable option, however, if you have millions to invest into mass production then the cost per unit to produce an ASIC is going to be much less than an FPGA.  Baikal have their own propriety development, they don't just make FPGAs, they make multi algo ASICS. 

Also, from the  2018-03-04 Dev meeting:

12:22 PM <knifeofpi> somebody made an FPGA
12:22 PM <knifeofpi> but ASICs...?
12:22 PM <@fluffypony> somebody taped out an ASIC
12:22 PM <knifeofpi> when did this happen?
12:22 PM <medusa_> the reddit post you mean ?
12:22 PM <rehrar> link?
12:22 PM <@fluffypony> sidechannelled to me, not public
12:22 PM <@fluffypony> a handful of others have had similar confirmation via via
12:22 PM <psychocrypt> @fluffypony: are this ASICS or FPGAs?
12:23 PM <@fluffypony> were it just me I would find it suspicious
12:23 PM <@fluffypony> psychocrypt: ASICs, not FPGAs
35  Alternate cryptocurrencies / Mining (Altcoins) / Re: Baikal Giant N - Cryptonight, Cryptonight-lite ASIC miner on: March 12, 2018, 09:31:33 AM
this has got to be one of the  "dumbest" asics out there.  you can build an amd gpu rig to mine 20MH for about the same price.   sure, the power consumption is higher on a gpu rig, but it least I won't be stuck with a $5000 piece of trash when all cryptonight coins hard fork to follow monero so that they can't be mined by this thing.

im pretty sure they want to  just get rid of their hardware before it becomes complete useless, suddenly the forks will only hurt people who buy this and small miners.
Baikal is for sure already building new miners for the new cryptonight algo v7...so difficulty will stay high or raise even more on all cryptonight coins

i bet my balls the hashrate grow overall cryptonight coins was by asic miners behind closed doors and the minority by botnets


Does anyone actually know the specific ASIC related changes being made in Cryptonight V7? They have't even be published yet have they?

Moreno botnet= False flag
36  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [XMV] MoneroV - Fork 1:10 of Monero - Finite coin supply - Private on: March 09, 2018, 11:54:04 AM
"Using lower transaction fees and advanced modification to the core mechanism in the way MoneroV calculates transactions and balances, we are aiming to make MoneroV fully scalable by integrating the MimbleWimble protocol."

For real? They plan on using MimbleWimble? What a bold move. MimbleWimble's not completed yet.
37  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] GRAFT - Universal Payment Processing Network on: February 24, 2018, 03:57:42 AM
There seems to be some over hype surrounding this coin. I hope it doesn't end up flopping like SmartCash.

Have a look at the ICO page:

- outrageously overpriced ICO (mining it is orders of magnitude cheaper, why would anyone want to buy in the ICO?)
- unsuccessful ICO (92 mil available to sell, only 22 mil sold) ... no surprise here. In fact, 22 mil is already too much.
- a hell of a lot of coins go to the team in some form (4+8+27% reserves - seriously?)
- mentions ICO cap in USD, but ICO priced in BTC.
- a long series of unverifiable (surreal?) claims, e.g. claims to have already achieved: 140 merchants for the mobile wallet, 40 partners on terminal integration, etc ... Wow, and this coin isn't even on any exchange. Why do you think they don't name any single one of those merchants/partners? (rhetorical question)
- team put forward a pool with 0.01% fee because "we want to help the community, we don't want money for ourselves". When their pool reached a few MH/s, guess what happened to that 0.01% fee? It became 1%.

Good luck to those who actually bought in this ICO.

p.s. Has anyone asked all advisors about it (scammy ICOs slap on names all the time)? Though this looks like a Ukraine get-together, international footprint is minimal at best.



I have no affiliation with the Graft team, however, i'll take a punt.

  • From my understanding the Graft project requires a large decentralized network. Graft is never going to take off with 5-10 M/hs of network hash. It needs the kind of Network support that ETN gets. That's why the mining incentives are so high. Regardless of the ICO pricing, over 22 million were sold, so somewhere in the vicinity of 5 million USD. It's hardly unsuccessful when you consider that most of the new Cryotonight coins had no ICO( because they would have barely been able to scrape together anything). They also offer no real product or solution, just a forked Monero chain that offers nothing Monero doesn't. At least Graft is unique here.
  • The 27% in reserves does need to be cleared up, however, the logical reason for this is that the project is very ambitious(Far more than people realize) and if it is to succeed then it's going to require more funding further down the track. Keeping an amount in reserves mean they can raise more capital when the price is far more established. It's not some kind of "scam", it's just they're planning now for a successful future
  • I'm not sure why the ICO is priced in BTC, but hardcap in USD. Needs to be cleared up
  • They could very well have signed up that many merchants and partners. All are probably small time. This too needs to be cleared up.
  • The pool fee changed from 0.01% to 1% because the mining community were complaining that only charging a 0.01% was encouraging centralization( going against their decentralized model) because too many were mining on the official pools instead of spreading hash across all private pools, where fees were generally higher( 1-2%).  It had nothing to do with the Graft team trying to profit.

Mining incentive makes sense only if there is no ICO.  Both mining and ICO at the same time only make sense if you have hidden interests, really, then it makes a lot of sense. When you still open mainnet for mining and launch an ICO at the same time, and price the ICO literally more than 10x the price of renting hashpower to mine the same amount of coins, then either (1) you don't know what you're doing or (2) you are a scammer. Good luck investing in either of those two options.

22 mil is around $6m and I feel sorry for anyone who actually spent crypto to buy in the ICO. The amount of coins sold in the ICO is unverifiable though. There seem to be quite a few folks complaining about not receiving their ICO coins. But I wouldn't worry about those ... the team could have itself mined a lot and sold for more than 10x profit. Most of the hashrate has come from solo mining.

Graft is unique among Monero forks? Maybe unique in shadyness. Electroneum and IntenseCoin both offer utility.

What do you mean 27% reserve makes sense? You must be kidding. They already take 8% + 4% for PR! How many projects do you know that take 4+8+27% ... that's almost 40%, Jesus Christ.

Anyone claiming they signed up 140+40 (one hundred and eighty) commercial entities and gives no examples, let alone verifiable ones, should be an alarm.

Sorry, but the pool fee change (a minor aspect compared to the rest) is as shady as everything else about this coin:
- it wasn't the only pool wits <1% fee
- i never saw the "community" complaining about the low fee (link please)
- a team of professionals should have thought of those arguments before launching a pool claiming they will keep a low fee. Once again, that is either (1) stupid or (2) a classic bait-and-switch.
- there was no risk of consolidation as their pool was buggy at first then never had more than 10-15% of the entire hashrate. Most hashrate came from solo mining anyway (talk about consolidation).



Regardless of what you think they still raised a possible 6 million USD in the ICO. What other recent Cryptonight launch has done that? Most coins have been distributed now, so less people are complaining, progress has been made( but you wouldn't' know any of that because you're just a casual observer throwing stones).  The team on any coin could have potentially premined any amount( along with anyone else)- At least if that is the case then it's unlikely they're going to dump everything on the market at once.  Other recent forks have been way more shady than Graft, look at IPBC,  when their main net went live the reward was 10x greater than what it should have been, due to a "mistake in the code". Other forks have launched off the back of forum posts, and now have market caps in the millions, with no product or solution.  Look at Masari, it doesn't' even have a whitepaper!  Saying that ETN or ITNS has utility is clutching at straws lol. They're both good examples of pump in dumps, where early miners made 10-20x. 

You are 100% wrong re the pools fees/ network hash.  Go to the official Graft mining telegram group and search for " official pool fee". You will see various messages from frustrated pool owners like "Mojo" & "nu-coin.com" complaining about the 0.1% fee hurting their pools, because, they didn't want to drop their own fees that low. So it was requested for the official pool to go to 0.5% or 1%.  Miners in general were also complaining, because, at one point the official EU pool had the majority of network hash, there was lots of debate over it.  People like me were Nicehashing on the Official pools.  So again your comments about the official pools never having the majority hash rate are wrong as well.  You are wrong on quite a few things.

Are you even in any of the telegram groups? Please let me know your user name so I can check out your posts.
38  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] GRAFT - Universal Payment Processing Network on: February 20, 2018, 02:50:43 AM
Hi,
Did anymone participated to this ICO and received his coins?
Because I don't. My Android wallet is at 0!!! It should be 1501 GRAFT + bonus!
I hope it's not a scam.
I already email the support and I'm waiting for an answer.
I really hope!

Not everyone has received their coins yet. Refer to the pinned message in the official Graft telegram chat. If you paid via paypal then paypal would not have released your funds to Graft yet, thus you would not have received any coins. Or if your KYC needs to be reviewed then you probably haven't received any coins either.

"GRFT DISTRIBUTION.  
We have started coin distribution, starting with those where KYC was accepted without manual review minus the Paypal transactions (as Paypal is currently holding those up).   We will continue coin distributions as well as Pre-sale token conversions this week.  


Thanks. My KYC was Ok. Indeed, I used Paypal to buy Graft coins. And paypal already withdraw $,  1 month ago, from my bank account!
I wait or do you think Paypal won't released my funds so I lost them (no coins and no $ back) ?

No you haven't lost your finds, Paypal will either release your funds to Graft or reverse the transaction and refund them back to you. Although Paypal has already withdrawn the funds from your account, they are still holding them internally and haven't released them to Graft yet.  
39  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] GRAFT - Universal Payment Processing Network on: February 20, 2018, 01:43:31 AM
Hi,
Did anymone participated to this ICO and received his coins?
Because I don't. My Android wallet is at 0!!! It should be 1501 GRAFT + bonus!
I hope it's not a scam.
I already email the support and I'm waiting for an answer.
I really hope!



Not everyone has received their coins yet. Refer to the pinned message in the official Graft telegram chat. If you paid via paypal then paypal would not have released your funds to Graft yet, thus you would not have received any coins. Or if your KYC needs to be reviewed then you probably haven't received any coins either.


"GRFT DISTRIBUTION. 
We have started coin distribution, starting with those where KYC was accepted without manual review minus the Paypal transactions (as Paypal is currently holding those up).   We will continue coin distributions as well as Pre-sale token conversions this week. 
If your KYC status is in "manual review", you're welcome to reapply from your ICO.graft.network file.

COIN TRANSFERS.
GRFT transfers in the apps are gated by multiple factors - 1) technology readiness, 2) equal footing for all GRFT owners (some are talking longer to receive than others for various reasons).  We will keep the community updated on progress and will give proper "heads up" before transfer feature is available."
40  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] GRAFT - Universal Payment Processing Network on: February 20, 2018, 01:29:48 AM
GRAFT is very good fork of monero. Plus with all master node structure to achieve the instant authorization. I am very positive about this project.

ETN market cap is 4M usd. literally just changed total supply to 21 billion. I would expect GRAFT would double ETN market cap to reach 8M at least.

I have read some comments about 27% dev reserve. Please do remember Neo has reserved 50% of coins.  

I am pointing all my hash power to the graft mining pool.

ETN market cap is 550 million.
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