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Author Topic: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!  (Read 162661 times)
QuintLeo
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June 04, 2017, 09:26:38 PM
 #381

Find it odd they did ICO on ETH when ETH is going POS when they could have chosen ETC. Does anyone know a reason why they couldn't have used ETC?

 Because ETC has a much smaller market cap and is somewhat harder to trade?

 Also, ETH isn't going POS real soon - they're planning a "phased-in" multi-stage transition starting around end of the year.


 I don't remember any Scrypt (Litecoin) FPGA miners, seems to have skipped straight from GPU to ASIC.

 X11 (Dash etc) definitely skipped FPGA.

 I do agree that GPU rigs are a lot more flexable - it's the tradeoff for them being less efficient than an ASIC.


 Panda wasn't the first "custom GPU" type rig, more like 3'd I think - they do seem to have become the most popular though due to good marketing and *relatively* reasonable pricing compared to the earlier entries.
 It's too bad they insist on using the "mobile" type boards rather than standard boards, but they can cram those mobile boards in tighter.



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ZedZedNova
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June 04, 2017, 11:16:11 PM
 #382

I don't remember any Scrypt (Litecoin) FPGA miners, seems to have skipped straight from GPU to ASIC.

 X11 (Dash etc) definitely skipped FPGA.

 I do agree that GPU rigs are a lot more flexable - it's the tradeoff for them being less efficient than an ASIC.

Hmmm, could have sworn that there were FPGA LTC miners. No biggie. ASICs are where it's at today for sure.

Panda wasn't the first "custom GPU" type rig, more like 3'd I think - they do seem to have become the most popular though due to good marketing and *relatively* reasonable pricing compared to the earlier entries.
 It's too bad they insist on using the "mobile" type boards rather than standard boards, but they can cram those mobile boards in tighter.

Hmmm, I must have missed the other ones. The mobile vs. standard GPU is yet another trade-off. But, as you said, it allows them to cram more of them into a given space.

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June 04, 2017, 11:25:32 PM
 #383

Find it odd they did ICO on ETH when ETH is going POS when they could have chosen ETC. Does anyone know a reason why they couldn't have used ETC?

 Because ETC has a much smaller market cap and is somewhat harder to trade?

 Also, ETH isn't going POS real soon - they're planning a "phased-in" multi-stage transition starting around end of the year.


 I don't remember any Scrypt (Litecoin) FPGA miners, seems to have skipped straight from GPU to ASIC.

 X11 (Dash etc) definitely skipped FPGA.

 I do agree that GPU rigs are a lot more flexable - it's the tradeoff for them being less efficient than an ASIC.


 Panda wasn't the first "custom GPU" type rig, more like 3'd I think - they do seem to have become the most popular though due to good marketing and *relatively* reasonable pricing compared to the earlier entries.
 It's too bad they insist on using the "mobile" type boards rather than standard boards, but they can cram those mobile boards in tighter.



LTC definitely had FPGA they were sold by a guy who ended up creating Litecoin Gear which turned out to be a cloud mining ponzi. The x11 FPGA were kept secret, but the hashrate showed they must have existed since it was unprofitable for long periods of time to mine DASH but it had massive amounts of hash power. This was when it was called Dark Coin. The Litecoin Gear ponzi sold x11 FPGA "shares" so no idea if he actually did build them or not. So no hard evidence of FPGA in x11 but there were community member that purchased and used FPGA for Litecoin, it was on their old forums. The guy selling them went by "beekeeper" and was also on bitcointalk. I'm sure there were other FPGA but thats the one I'm aware of. His legitimate FPGA he sold is what allowed him to create the cloud mining ponzi and get a lot of people to invest.

ETH will get a wider audience so will attract more investment into the ICO but ETC is just as easy to invest with. Just surprised a company whose business is based on PoW would chose a coin planning to go PoS

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June 05, 2017, 04:09:35 AM
 #384

It's not as secure, you can read this article for an example 8 Million Vericoin Hack Prompts Unplanned Hard Fork to Recover Funds

But if Ethereum can pull off a new system that is secure then maybe the price won't be hurt. I was just saying I would think a company whose business is proof of work crypto currency would hold their ICO on a proof of work version of Ether. I guess they chose the wider audience, nothing wrong with that just found it curious considering the business they are in, mining.

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June 05, 2017, 06:31:16 AM
 #385

Really interesting, must add a referral link to my Minera project

https://cryptonomos.com/?r=T0UpKufPvJ5Ob1sT6MA8irsS
I remember using Minera, best mining dashboard ever! Wish it could be adapted to use on GPU rigs, miss using Minera with my old Gridseeds even if they never turned a profit. I'll use your link just as another donation for some really solid software!

Hey thank you man! Unfortunately Minera still lacks on GPU support, many are asking for that and may be I will find the time to do something, can I ask you what miner software do you use to manage yours?

Get Minera. Your next bitcoin mining dashboard. Donations are welcome
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June 05, 2017, 06:34:57 AM
 #386

Sounds like an interesting project, not sure the saving for mining is real, seems there are misc fees to do mining, might mine at home if the electricity fee is low.
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June 05, 2017, 06:40:57 AM
 #387

The concept offered is very interesting. Members of the development team also consists of people who are experienced in the field.
But it's a shame not to hold a social media bounty
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June 05, 2017, 07:12:25 AM
 #388

A new update on the Toke Sale page:

https://cryptonomos.com/wtt/



I was looking for a refund to buy a l3 miner and split the amount with wtt. Would have been a great idea, even now, to make the option of buying equipment with wtt. In my case I'd like to profit from the availability of the equipment right away and the bonus of wtt. if I would ship to my country, the effort would be greater and the wait about the same I think.
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June 05, 2017, 08:03:27 AM
 #389

Can I reserve Romanian translation? Haven't seen anyone reserving it here, but maybe they reserved via email.

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
QuintLeo
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June 05, 2017, 10:01:04 AM
 #390


 The x11 FPGA were kept secret, but the hashrate showed they must have existed since it was unprofitable for long periods of time to mine DASH but it had massive amounts of hash power.


 Keep in mind that a lot of major farms pay less than 3c/kwh for electric - back in the Darkcoin days even with 8c I was break-even at WORST (but summer rate at 14 convinced me to move to something else, and I never looked back).

 No need for hypothetical FPGA-based X11 miners to explain why it got unprofitable for many small miners.




 I doubt that ETH going to PoS will affect it's price as such - it WILL kill the ability of miners to mine it once it goes 100% PoS, but miner profitability does NOT drive price - price drives profitability.


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emmettoc
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June 05, 2017, 02:51:07 PM
 #391

Still no response regarding withdrawal of deposited coins, BTC/ETH. I think that they can not support miners well after ICO even if this is not a scam. Poor support.
lynxay
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June 05, 2017, 04:14:16 PM
 #392

Still no response regarding withdrawal of deposited coins, BTC/ETH. I think that they can not support miners well after ICO even if this is not a scam. Poor support.
Still no response too:(
tristan1960
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June 05, 2017, 04:20:44 PM
 #393

do you provide only electricity and facility area? or do you also provide mining equipment if we pay for it? i really wonder this question.
Liquid71
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June 05, 2017, 04:50:37 PM
 #394

Really interesting, must add a referral link to my Minera project

https://cryptonomos.com/?r=T0UpKufPvJ5Ob1sT6MA8irsS
I remember using Minera, best mining dashboard ever! Wish it could be adapted to use on GPU rigs, miss using Minera with my old Gridseeds even if they never turned a profit. I'll use your link just as another donation for some really solid software!

Hey thank you man! Unfortunately Minera still lacks on GPU support, many are asking for that and may be I will find the time to do something, can I ask you what miner software do you use to manage yours?
lately i've been lazy using nicehash. They should hire you to do UX upgrades, they do pay bounties. If they were able to get Minera level user experience they would totally dominate. Even if you could make more mining somewhere else you wouldn't want to leave the Minera interface so you'd stay on Nicehash  Grin
I'm using Nvidia GPU also so there aren't many software to manage farms, although I read PiMP added nvidia support. I just use ccminer and bat files. You really did an amazing job with the entire layout and design of Minera, if Nicehash or anyone else wanted to upgrade their design they'd be crazy not to hire you.

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June 05, 2017, 05:04:42 PM
 #395


 The x11 FPGA were kept secret, but the hashrate showed they must have existed since it was unprofitable for long periods of time to mine DASH but it had massive amounts of hash power.


 Keep in mind that a lot of major farms pay less than 3c/kwh for electric - back in the Darkcoin days even with 8c I was break-even at WORST (but summer rate at 14 convinced me to move to something else, and I never looked back).

 No need for hypothetical FPGA-based X11 miners to explain why it got unprofitable for many small miners.




 I doubt that ETH going to PoS will affect it's price as such - it WILL kill the ability of miners to mine it once it goes 100% PoS, but miner profitability does NOT drive price - price drives profitability.


No there were definitely x11 miners, there were single nicehash addresses with 30+ GH mining which in GPU days was pretty massive. the reason it was unprofitable was because of the difficulty not so much the coin price. The hashrate kept growing despite the price not growing and other coins being more profitable. it was a bear market for all coins but people would rotate to whatever was turning a profit, yet the hashpower being thrown at x11 always went up even if the coin price dropped. FPGA aren't hard, they sell kits for them. I'm not smart enough to do it but it's not rocket science. Anyway nobody was publicly selling them except for the scam cloud mining guy so no hard proof but there were people on bitcointalk claiming to have seen x11 fpga farms in China.
Only two other coins have ASIC, Bitcoin and Litecoin and both of them had FPGA before ASIC so it would actually be odd if X11 didn't have FPGA. The kits are cheap and design is easier than ASIC. It would be pretty odd if nobody did FPGA before jumping to ASIC.
One reason FPGA aren't sold publicly is they are easy to copy, so all the work put into design if somebody got their hands on it they could buy a kit and reproduce it easily. I'm not an FPGA expert, just a forum lurker but from what I read there are FPGA that can protect from copying but they are expensive. Those with the skills to program the FPGA make more mining for themselves building up a farm rather than selling a couple and having their deisgn copied and then they have to compete with others, so it makes economic sense to keep FPGA secret.
Decred algo was a good algo for FPGA, if the devs were smart they designed some FPGA before releasing the coin so they could mine super efficient. ANd actually I remember Vanilla coin or something similiar to that the dev actually did build FPGA and had videos of it. I wasn't into that coin so not sure if he sold or shared his design or what but I remember seeing it and it wasn't so fast it made GPU unprofitable but it was super efficient using very little power compared to GPU.
Anyway they are more common than most think, and if a coin made it all the way to ASIC I'd be willing to bet it had an FPGA along the line.

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June 05, 2017, 05:08:27 PM
 #396

A new update on the Toke Sale page:

https://cryptonomos.com/wtt/



I was looking for a refund to buy a l3 miner and split the amount with wtt. Would have been a great idea, even now, to make the option of buying equipment with wtt. In my case I'd like to profit from the availability of the equipment right away and the bonus of wtt. if I would ship to my country, the effort would be greater and the wait about the same I think.
Reading the whitepaper it says if you don't have enough tokens you pay the retail rate for whatever power you are using over the token amount. So I would think if you setup an l3 now at regular prices once the tokens are released your hosting fees would be lowered to the token level. And you can send them or have your miner shipped to them you don't have to buy it from them. I'd contact them to make sure you can apply your tokens to your hosting plan once they are released but my guess is it should work.

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June 05, 2017, 06:30:03 PM
 #397

do you provide only electricity and facility area? or do you also provide mining equipment if we pay for it? i really wonder this question.

do you even read the first post? yes they do provide that.
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June 05, 2017, 07:00:30 PM
 #398

How many people are buying in and why would you say this is the best hosting option? I do not like hosting these pandas at home

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June 05, 2017, 07:44:18 PM
 #399

I opted in and bought tokens, just to discover that nearly all the miners are out of stock and the one left will only be delivered in 3.5 months...

Is there any ETA on the future availability of the S9, T9 and Panda miners?
Alternatively, will you accept refunds for L3+ purchases for the months left till the delivery date? It is difficult enough to estimate ROI as it is, but when you add 3.5 months waiting time in which mining difficulty can rise and coin value fluctuate, it makes things worse.
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June 05, 2017, 08:42:05 PM
 #400

I opted in and bought tokens, just to discover that nearly all the miners are out of stock and the one left will only be delivered in 3.5 months...

Is there any ETA on the future availability of the S9, T9 and Panda miners?
Alternatively, will you accept refunds for L3+ purchases for the months left till the delivery date? It is difficult enough to estimate ROI as it is, but when you add 3.5 months waiting time in which mining difficulty can rise and coin value fluctuate, it makes things worse.
You can ship them your miners, look on the giga watt website. You have to contact them. Also good luck finding miners available anywhere else...

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