after asics?

[Hei_]

any speculations what comes after asics?

heard many times in bfl chat that ionic chips come soon with 40x more power as an asic chip

/discuss

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[pheaonix]

lol

[loshia]

The end of the world i guess 

[John Self]

There is a mining speculation section ffs

[Viceroy]

We build a better/faster/more_efficient version?

https://bitcointalk.org/index.php?topic=179033.0

[Nova!]

any speculations what comes after asics?

heard many times in bfl chat that ionic chips come soon with 40x more power as an asic chip

/discuss

Nothing except perhaps quantum computations.  ASIC means Application Specific Integrated Circuit.  It means the chip was built specifically to do one task and do it well.
Other than increasing the clock rate or finding short cuts etc, in a nutshell just making incremental improvements.

BTW if/when Quantum Computing becomes mainstream all of bitcoin is horked.  Cracking the hashing algorithm used for bitcoin is one of the primary applications of quantum computers and one reason why so many governments are pissing money into quantum computing.  If you can defeat the algo bitcoin uses nearly every encrypted message on the planet becomes readable.

[jspielberg]

Once practical quantum computing becomes available, then bitcoin will upgrade to quant-coin and use entangled q-bits.  The proof of work will have to change as peeking to see if you hashed correctly will invalidate its state. 

[Viceroy]

Once practical quantum computing becomes available, then bitcoin will upgrade to quant-coin and use entangled q-bits.  The proof of work will have to change as peeking to see if you hashed correctly will invalidate its state. 

rofl

[mubit]

improbability engine

[Signus]

Just extra production techniques, and cheaper/faster ASIC rigs, depending on where bitcoin is at that time.

FPGA could make a comeback if the chips could be bought and produced en-masse. I just like FPGA's because I can use them for so many other things than just mining.

[crazy_rabbit]

more ASICs.  Obviously. :-)

They will make them faster and pack more into a the box.

[Viceroy]

They will make them faster and pack more into a the box.

that's actually a big problem.  There is no next level until you hit an investment of $25,000,000+++  Probably much much higher.  You are better off taking the existing Avalon chip and trying to make a super computer by placing 100 of them on a board (or just buy the avalon with 80).  But as I think you know it won't pay for itself.

[Dabs]

One day, and that day may actually never come, Intel and AMD and Nvidia and ATI will join the game (or some other really large chip company). Then we will see smaller Asics. Desktop sized machines doing 1 TH/s or DVD player sized machines doing 100 to 200 GH/s.

It's really just going to get smaller and faster, like all other technology. Just look at processors and graphics cards: compare one made today, to one made 5 years ago.

[johnyj]

There are two latest discoveries both pointing to much lower electricity consumption for the same performance: Ionic liquid and Quantum anomalous hall effect

W'll see when will them become available, maybe 5 years from now on

[Dabs]

More realistically, smaller ASIC chips. The Avalons are 0.11 microns. There are rumors of 28 nm tech. No one believes they currently exist yet.

[Bandini]

it will be this, only for reducing electricity cost!
http://io9.com/5583453/nano+generators-can-harvest-electricity-from-your-blood

[drawingthesun]

Ionic chips are prototype right?

Remember ASIC's have been around for decades, for a ionic chip that doesn't even exist yet to become the next big thing in mining we would have to wait a long time. At the moment there is nothing after ASIC, only experimental technology that is no where near ready for any real use.

ASIC tech has been proven for a long long time.

[Justin00]

heard many times in bfl chat that ionic chips come soon with 40x more power as an asic chip
/discuss

When will BFL start taking pre-orders on those :p

[Signus]

One day, and that day may actually never come, Intel and AMD and Nvidia and ATI will join the game (or some other really large chip company). Then we will see smaller Asics. Desktop sized machines doing 1 TH/s or DVD player sized machines doing 100 to 200 GH/s.

It's really just going to get smaller and faster, like all other technology. Just look at processors and graphics cards: compare one made today, to one made 5 years ago.

I highly doubt that. Intel and AMD would have no interest in doing so. If they did they would inflate the market to a point where nobody else could compete, and there wouldn't really be any more hobbyist miners.

[Dabs]

I did say "and that day may never come".

Also, if they did join, they would just be manufacturers. They will sell the chips to end users like us, same as with their current line of microprocessors. They won't be mining.

And if one company starts, another company will join in. So they can sell more shovels.