Bitcoin Forum
December 03, 2020, 05:50:48 PM *
News: Bitcointalk Community Awards
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 ... 130 »
1  Economy / Computer hardware / Re: WTB: Good condition Knc Titan Cube on: June 11, 2018, 04:03:30 AM
Make me an offer on a cube.
2  Alternate cryptocurrencies / Mining (Altcoins) / Re: ALLMINE INC - FPGA Cryptominer on: June 08, 2018, 05:45:56 PM
Congrats on selling out! Looking forward to receiving my 4 units.
3  Alternate cryptocurrencies / Mining (Altcoins) / Re: ALLMINE INC - FPGA Cryptominer on: June 07, 2018, 08:38:58 PM
What's the advantage of the DDR4 version over the non DDR4?
4  Alternate cryptocurrencies / Mining (Altcoins) / Re: What is your favorite/greatest mining moment? on: April 11, 2018, 05:01:53 PM
Definitely the Zcash launch. Made 5 BTC in 2 hours of mining at launch with the ridiculous prices on exchanges. Good trimes!
5  Alternate cryptocurrencies / Mining (Altcoins) / Re: Bitmain sends very bad devices as a repair device on: March 23, 2018, 05:25:35 PM
Welcome to dealing with Shitmain.
6  Alternate cryptocurrencies / Mining (Altcoins) / Re: Cryptonight / Cryptonote - On GPUs and ASICs and profitability on: March 15, 2018, 01:43:55 PM
Nice well made post, good initiative.  Cool
7  Alternate cryptocurrencies / Mining (Altcoins) / Re: looking for VRM efficiency tests on: March 15, 2018, 09:53:08 AM
You might be interested in buildzoid's GPU breakdowns. He does nice VRM analysis for a lot of GPUs.

https://www.youtube.com/channel/UCrwObTfqv8u1KO7Fgk-FXHQ/videos
8  Alternate cryptocurrencies / Mining (Altcoins) / Re: ASIC :: the mining business {a coin}🔥{a decentralized company}🔥{a network} on: March 15, 2018, 09:51:09 AM
What in the fuck is this ridiculous thread.

Jesus christ.  Roll Eyes
9  Alternate cryptocurrencies / Mining (Altcoins) / Re: Happy New Years! Seventh alt coin thread! on: March 15, 2018, 09:36:09 AM
They're going to be bloody expensive paperweights real fast.
I doubt even the FIRST adopters will manage to make back half their price.

Seems like Bitmain didn't think THIS move through at all.



Bitmain and baikal knows exactly what they're doing. They got the rug pulled out from under them with the algo change, making their ASICs worthless. All they can do besides recycling them for precious metals is dump them on unsuspecting, uninformed miners. This is 100% a malicious move on both their parts. If the algo switch hadn't been announced, these would still be humming away in their farms making them huge profits.

It's sad that they'll get away with selling some of these to people with more money than brains.
they think they are smart but in the long term this is a big miscalculation based on thier overwhelming greed.
they have basically exposed the fact to even the nonbelivers that they mine for months with thier asics before releasing them.  They have shown withoute a doubt that they are a bad actor in the mining space , heck I think this might eveb give sia and other devs the ammunition they needed to push thier forks though.

They're 100% dumb, but I doubt they miscalculated. They have been able to mine YUGE sums of money with these in the last months. They have for sure covered their R&D and production costs on these ASICs. Their cash cow is now dead, so they try pass these on to us.

ASIC companies are absolutely, 100% of the time bad actors. Does that mean you can't make money with some ASICs? No. But when they decide to sell ASICs to the public, they have calculated that they've been milked as much as possible and then throw us the scraps to make even more money off of our backs.

Fuck ASICs, and fuck bitmain in baikal in particular.
yeah I only have a few asics and after this im resolved to stop feeding the pig
Im out , idgaf how much they claim we can make Im onky buying gpus , every dev out there
needs to fork the fk out of thier coins to get them out of the business of dumping used gear on the masses

keep your useless toastes baikal and bitmain and fuck off


Same here. My Titan is on life support, after I pull it's plug I'll have rid myself of all my ASICs. Only decentralized GPU minable coins for this guy from here on out.

Hopefully Monero inspires other coin devs to shove a cylindrical cheese grater up bitmain & companies assholes.
10  Alternate cryptocurrencies / Mining (Altcoins) / Re: ETH mining is easy or tough ? on: March 15, 2018, 09:32:24 AM
Tougher than woodpecker lips.
11  Alternate cryptocurrencies / Mining (Altcoins) / Re: Bitmain Antminer X3 -- 220KH+ Cryponight - 550W on: March 15, 2018, 09:30:25 AM
Will Electroneum also change their Algo? Seems like theres 6 coins that are currently more profitable to mine based on https://minecryptonight.net/

I have 2 purcahsed I can USD wire for tmmrw for but am hella nervous lol

Listen to me right now.. You're about to throw away a huge sum of money to feed Chinese scammers. DO NOT BUY THESE!!!!

No coin besides Monero could absorb the power of these ASICs. They're as good as dead if they don't switch. They just need Monero to do it first since most devs are too dumb.

You've been warned.

batch one is sold out! I sold 4x A3s for 6K when they first dropped and kept one and got my ROI, so idk might be a good investment to flip at least if not mine other coins then XMR?

*EDITmaybe just to flip lol

Who will you flip it to? Nobody will want a miner that can't mine.
12  Alternate cryptocurrencies / Mining (Altcoins) / Re: Baikal Giant N - Cryptonight, Cryptonight-lite ASIC miner on: March 15, 2018, 09:28:48 AM
Monero POW is changing to CryptoNightV7 in about 15 days, so I don't think you can sell this as a monero miner..

Just saying  Roll Eyes
That's great news. If these ASICs are real and are being sold, then they've been used for mining for a long time now, and they're only selling them in order to dump them because they'll soon be scrap.  And if Monero changes, most/all of the other cryptonight coins will surely follow pretty quickly.  I'd like to hope for a revival in cpu/vega mining.

On the sad side, if these ASICS are real, and their specs are real, then it could be a trivial task for someone to make new ASICs for the new algo. Is it a trivial task?

Trivial or not, it won't make sense financially since Monero will be modifying the algorithm every 6 months. It's not feasible to make an ASIC for that.

AT LEAST every 6 months - they also stated they were willing to do "emergency forks" to kill ASIC mining.


Utterly fantastic. I need to buy more Monero. Fuck you bitmain & baikal.  Grin Kiss
13  Alternate cryptocurrencies / Mining (Altcoins) / Re: Happy New Years! Seventh alt coin thread! on: March 15, 2018, 09:25:21 AM
They're going to be bloody expensive paperweights real fast.
I doubt even the FIRST adopters will manage to make back half their price.

Seems like Bitmain didn't think THIS move through at all.



Bitmain and baikal knows exactly what they're doing. They got the rug pulled out from under them with the algo change, making their ASICs worthless. All they can do besides recycling them for precious metals is dump them on unsuspecting, uninformed miners. This is 100% a malicious move on both their parts. If the algo switch hadn't been announced, these would still be humming away in their farms making them huge profits.

It's sad that they'll get away with selling some of these to people with more money than brains.
they think they are smart but in the long term this is a big miscalculation based on thier overwhelming greed.
they have basically exposed the fact to even the nonbelivers that they mine for months with thier asics before releasing them.  They have shown withoute a doubt that they are a bad actor in the mining space , heck I think this might eveb give sia and other devs the ammunition they needed to push thier forks though.

They're 100% dumb, but I doubt they miscalculated. They have been able to mine YUGE sums of money with these in the last months. They have for sure covered their R&D and production costs on these ASICs. Their cash cow is now dead, so they try pass these on to us.

ASIC companies are absolutely, 100% of the time bad actors. Does that mean you can't make money with some ASICs? No. But when they decide to sell ASICs to the public, they have calculated that they've been milked as much as possible and then throw us the scraps to make even more money off of our backs.

Fuck ASICs, and fuck bitmain in baikal in particular.
14  Alternate cryptocurrencies / Mining (Altcoins) / Re: Bitmain Antminer X3 -- 220KH+ Cryponight - 550W on: March 15, 2018, 09:19:45 AM
Will Electroneum also change their Algo? Seems like theres 6 coins that are currently more profitable to mine based on https://minecryptonight.net/

I have 2 purcahsed I can USD wire for tmmrw for but am hella nervous lol

Listen to me right now.. You're about to throw away a huge sum of money to feed Chinese scammers. DO NOT BUY THESE!!!!

No coin besides Monero could absorb the power of these ASICs. They're as good as dead if they don't switch. They just need Monero to do it first since most devs are too dumb.

You've been warned.
15  Alternate cryptocurrencies / Mining (Altcoins) / Re: Bitmain Antminer X3 ASIC hashing 220KH CryptoNight on 550w!! on: March 15, 2018, 09:16:13 AM
A total waste of money. It's way more risky than gambling. Monero is gonna fork. You will spend 12k to have a not so nice looking stop for your door.

I somewhat agree. The risks on this ASIC are far too much. With that price tag, its almost as if they don't want you to reach ROI.
I feel like bitmain has gotten overly confident with selling ASICS, probably because there are some people that will still buy those ASICs.. For what reason i do not know  Huh

It's not a question of risks... You'd have to be completely retarded to buy a CN ASIC as they're being transformed into paperweights by the upcoming monero algo fork.

But i've read some people argue that there are simple workarounds that can be made to overcome whatever the monero team does?
It seems the argument was that cryptonight, by nature, is no longer ASIC-proof now that they've found a way to do it.

Those people are 100% wrong. You can't reprogram an ASIC.

If an ASIC is built to answer 2+2=4, it is unable to answer 2+3=5.

Nothing is ASIC proof, only ASIC resistant. And Monero is resisting in a big way by changing the algorithm and making these ASICs completely worthless/useless.
16  Alternate cryptocurrencies / Mining (Altcoins) / Re: Happy New Years! Seventh alt coin thread! on: March 15, 2018, 09:12:36 AM
They're going to be bloody expensive paperweights real fast.
I doubt even the FIRST adopters will manage to make back half their price.

Seems like Bitmain didn't think THIS move through at all.



Bitmain and baikal knows exactly what they're doing. They got the rug pulled out from under them with the algo change, making their ASICs worthless. All they can do besides recycling them for precious metals is dump them on unsuspecting, uninformed miners. This is 100% a malicious move on both their parts. If the algo switch hadn't been announced, these would still be humming away in their farms making them huge profits.

It's sad that they'll get away with selling some of these to people with more money than brains.

hold onto your 1080ti's

they are 11gb

maybe  that would be good for next algo.

if the next algo allows for only 10gb of ram the 1080ti's could go to the moon.

Don't think they'll change memory requirements, that's not needed to thwart these ASICs. Just a simple change in the maths is all that's needed to ruin these.

Monero dev is all about decentralization, don't think they'd limit who can participate in the network to only a few 10GB+ cards. (1080Tis, Titans, and Vega Frontier Editions)
17  Alternate cryptocurrencies / Mining (Altcoins) / Re: Bitmain Antminer X3 -- 220KH+ Cryponight - 550W on: March 15, 2018, 09:09:58 AM
By reading all of the posts I got to conclusion that there is no one here that thinks this is a good investment. Only if that is the case and no one except few people buy them this could be profitable. Because I dont know how many they plan to produce, and to sell.. Does anyone know?

It doesn't matter how many they sell. They've been produced already for many months, mining away in their farms. They haven't been in production for a long time now, and never will be again. There is no scenario where either of these pay for themselves, much less make profit. These machines will have nothing to mine in 2 weeks once Monero changes algorithms making these obsolete.
18  Alternate cryptocurrencies / Mining (Altcoins) / Re: Happy New Years! Seventh alt coin thread! on: March 15, 2018, 09:06:52 AM
They're going to be bloody expensive paperweights real fast.
I doubt even the FIRST adopters will manage to make back half their price.

Seems like Bitmain didn't think THIS move through at all.



Bitmain and baikal knows exactly what they're doing. They got the rug pulled out from under them with the algo change, making their ASICs worthless. All they can do besides recycling them for precious metals is dump them on unsuspecting, uninformed miners. This is 100% a malicious move on both their parts. If the algo switch hadn't been announced, these would still be humming away in their farms making them huge profits.

It's sad that they'll get away with selling some of these to people with more money than brains.
19  Alternate cryptocurrencies / Mining (Altcoins) / Re: Baikal Giant N - Cryptonight, Cryptonight-lite FPGA/ASIC miner on: March 15, 2018, 08:59:03 AM
And just like that, Baikal Giant N is obsolete now.

They have a MOQ of 6, so...

6 x $3600 each = $21,600 total

6 x 20kH/s each = 120kH/s total

Ships in 7 days.



Now Antminer X3, 200kH/s for $12,000. Shipping 15-31 May.

That's a little over $10,000 difference and half of the hash rate.


Now if you think the Baikal Giant N will make $10,000+ between now and 15-31 May, then I guess Baikal Giant N will make sense, but sense that's just a unicorn dream. There will be absolutely no reason anymore to buy the Baikal Giant N.

Their greed shot themselves in the foot with their overpricing and MOQ.


So who ever did buy the Giant N, ouch...

You guys all realize they are selling this crap because they know Monero along with other CryptoNight coins are forking against ASICs soon right? These idiots have most likely been mining with them for months prior to releasing them "to the public". There's a reason the net hash of ETN went up from like 50Mh/s to 400Mh/s+ and Monero from 290Mh/s to 1.1Gh/s in a matter of 2 months (and no, RX vegas didn't cause this). The devs knew this was an obnoxious net hash increase and began talks about ASICs. These ASIC idiots know the miners will be obselete once forked and are trying to squeeze a bit more money out of oblivious idiots willing to pay for them.

It all seems oddly coincidental all these "CryptoNight ASICs" are being released out of the blue as the CryptoNight POW algorithm is about to change doesn't it ahaha  Grin

This. 100% correct. Dead on arrival paper weights. You'd have to be retarded to buy one of these ASICs.
20  Alternate cryptocurrencies / Mining (Altcoins) / Re: Bitmain Antminer X3 -- 220KH+ Cryponight - 550W on: March 15, 2018, 08:48:51 AM
Bitmain Recent Hit list
=====================
RIP.... x11
RIP.... SIA
[Pending] RIP.... CryptoNight

They are like the Mafia. LOL. I think they want to release miners to stomp their competitors and let the world be known that they are the ONLY crypto manufacturing company and do not mess with them.

More like RIP Cryptonight ASICs. They're completely useless come the end of March thanks to the algo change.
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 ... 130 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!