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Author Topic: How will ASIC miners match up against coinlab if they sign some top MMOGs?  (Read 2875 times)
crazyates
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October 27, 2012, 05:01:00 AM
 #21

Since this is the Speculation subforum...  Wink Cheesy

I don't see the point of CoinLab's second half. To me, they started as a bitcoin pool, but wanted to be more than that. Now they have to be more than that to survive, but I can't see how they actually plan on doing that.

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October 27, 2012, 05:19:01 AM
 #22

Since this is the Speculation subforum...  Wink Cheesy

I don't see the point of CoinLab's second half. To me, they started as a bitcoin pool, but wanted to be more than that. Now they have to be more than that to survive, but I can't see how they actually plan on doing that.
Actually coinlab was never going to be a bitcoin pool as far as I can tell. I'm guessing the pool was found to be a good stepping stone for people with GPUs to get out of the bitcoin mining scene when it becomes unprofitable.

Disclaimer: I work for coinlab but only as a software contractor and have very little knowledge of the goings on in the company.

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October 27, 2012, 07:22:45 PM
 #23

But, that would assume 24/7 usage.  Most gamers don't run their games 24/7 - maybe 2 hours a day, on average.  Now you need 13M GPU's.  But the hashrate while gaming drops by half, typically.  Now you need 26M GPU's.

Their model seems to be to persuade the gamer to run their machine and a stand-alone client 24/7, instead of it running concurrently while gaming.

Bitcoin is like a variation of Schrödinger's Cat. Everything about it is both scam and fully legit at the same time until you open the box. - ElectricMucus
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October 27, 2012, 08:00:54 PM
 #24

Gamers will need to have not only GPU's but BPU (Bitcoin Processing Unit) too.

Quoted for hilarity. You core bitcoiners are even more delusional than I assumed.
Sorry if that meant as a joke, I reference poes law as excuse in that case.
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