This article fail: So, how does it stand performance wise? Its double precision FP throughput is the same as the typical AMD Radeon HD7970 card which costs one quarter of the amount but with much smaller memory, 3 GB, and no ECC.
No ECC? The 7970 has ECC  |
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Also 1 TFLOP is not that impressive. HD7970 is 947 DP GFLOP and it was released in January and doesn't have access to Intel's 22 nm 3D tri-gate tech.
Protip: Xeon Phi run x86 code Good luck using the 7970 (or nvidia) computing power, having to fight with opencl and cuda. |
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asic is SO bad for bitcoin. NOT good at all!!!!!!
Are you trolling right? |
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But what is the cause of slowness? The epic usage of the hard disk by the client. It keep reading and verifying each block wich cause epic hard disk usage wich is then the bottleneck |
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Boing-Boing is a site that hosts lots of "grid-computing" or "cloud-computing" projects. Basically anything that can be divvied into small work chunks and passed out to a bazzilion personal computers to have the work done in parallel. typically everyone's computer is an unpaid volunteer. Eh? Are you sure you are speaking about BOINC and about https://boinc.berkeley.edu/ wich is totally unrelated to this "boing boing" thing? |
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Define "overheating" please, what temperature?
Also how old is the card? Maybe the dissipator is epic full of dust?
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It is NOT good for mining. An ATI GPU is probably much much faster.
This thing is 1TFLOP in double precision in x86
No need to mess with CUDA, OpenCL and other fail GPU languages with tons of problems. This is x86. Everything will run on it.
Do you know BOINC? Nice, now buy some of these Xeon Phi, run BOINC and suddenly epic computing power.
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As I posted else where, the trade in program has not been announced. What if it is a case of send back your singles, and you are now in the queue, along with anyone one else who has purchased. This means that you are back in the position of Wang x months for the new hardware without any old / current hardware mining.
This means that people who have singles already could spend months more waiting. I very much doubt that bfl would put previous purchasers In front of new money into the company.
Phil
And they could send these singles coming back to people still waiting for them today, total win for BFL. The question is : did they plan this from the beginning ? Is this a joke? ASICs exists for what, 30? 40? years. Of course if everyone is using only GPU and FPGA, someone WILL make an ASIC. It doesn't take a genius to guess that. "Planning that"? Welcome in the computing world, it's 50+ years old, making a specific hardware wich is faster than generic things like fpga or gpu is nothing new lol |
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Hi guys, I basically had a prophetic dream vision last night, that the BFL Labs ASIC won't be shipped until February 2013 at best.
I don't even want them to ship, they're gonna ruin Bitcoins. I spent ~2000$ on quad 7970's, only the cards, and they're planning to release a "coffee warmer" 3ghs+ ASIC that does more than my cards for 150$? Eff that, difficulty will skyrocket and put a strain on video card miners. Delicious tears No, it won't ruin "Bitcoins" It will ruin your fail investment, only that. And you deserve that. Bitcoin will only gain from ASICs |
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I'm european and i'm considering this. Buy Bitcoin and problem solved in a very quick, safe and efficient way.
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Greece has amazingly few Internet users. Only 45% of people there use the Internet at all, and probably a much smaller percentage are skilled enough to use Bitcoin. I don't think Bitcoin can make significant inroads there.
This is part of the Greece problem. It's not a random thing that they have huge debt, epic corrutped government and so few ppl using internet. |
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The only ridicolous thing here is that thread
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how much data is actually sent to me as I mine?
is it true you have to download 1GB of data the first time you start?
Welcome in the bitcoin world, i suppose you are new. Data sent? Not a lot Downloading 1GB? More like the whole blockchain, but only if you run the standard bitcoin client, not required to mine (unless you want to solo mine) The bitcoin client has to download the entire blockchain before you can start sending & receiving coins Only the standard client. A light client don't need the whole blockchain |
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So this is the apple quality, being forced to quickly install an app before it disappear.  |
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Hello Yoon Yeonghwa and welcome in the forum!
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Why not? If you are legal you have no problem being o ntor |
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I'm obviously not going to be giving out 100 BTC or anything, these are primarily to gain trust. I don't see how giving out loans increases trust. It's the other way around to gain trust. Im giving the loans out to people who would like to gain trust, that way they can get larger loans with less trouble. Protip: trust in real life is not like reputation in videogames where you farm a mission for hundreds of times and your reputation with the faction X raise Protip 2: i trust less people who use these ways for "trust" than other people... |
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