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Author Topic: Happy New Years! Seventh alt coin thread!  (Read 33460 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (4 posts by 3 users deleted.)
MagicSmoker
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February 12, 2018, 12:59:39 PM
 #1061


The burning question I have is: do I switch over my AMD cards to mining Ethash now (not ETH, per se) to get what I can before difficulty goes to the moon... ahem... or do I keep them on Cryptonight?

Otherwise, I suspect this will hasten the transition of ETH to PoS, eh?

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philipma1957
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February 12, 2018, 02:04:17 PM
 #1062


ouch. that would certainly put some hurt on gpu eth farms. most people were counting on eth not going away from pow for what, another year or so?

So bitmain  has decided to call the  eth pos bluff.


this will shake up the world of cryptocoins big time.

of course  a fork  could fork  the bitmain asic.  I would like to see this play out.

https://coinmarketcap.com/


1   BitcoinBitcoin   $147,216,469,090   $8,731.50   $5,965,710,000   16,860,387 BTC   4.25%   sparkline

2   EthereumEthereum   $84,035,910,402   $861.29   $2,207,890,000   97,569,820 ETH   2.22%   sparkline


3   RippleRipple   $41,746,882,606   $1.07   $2,040,840,000   39,009,215,838 XRP *   1.54%   sparkline
4   Bitcoin CashBitcoin Cash   $21,689,473,342   $1,278.59   $435,947,000   16,963,588 BCH   1.48%   sparkline
5   CardanoCardano   $9,888,610,630   $0.381401   $237,036,000   25,927,070,538 ADA *   -0.31%   sparkline
6   LitecoinLitecoin   $8,774,048,485   $159.00   $485,075,000   55,184,083 LTC   4.49%   sparkline
7   NEONEO   $7,355,725,000   $113.17   $311,051,000   65,000,000 NEO *   5.46%   sparkline
8   StellarStellar   $7,274,198,021   $0.394645   $65,072,000   18,432,256,891 XLM *   2.68%   sparkline
9   EOSEOS   $5,876,066,704   $8.85   $320,219,000   664,222,024 EOS *   1.23%   sparkline
10   IOTAIOTA   $5,127,705,261   $1.84   $39,461,000   2,779,530,283 MIOTA *   3.89%   sparkline
11   NEMNEM   $4,924,160,999   $0.547129   $22,668,200   8,999,999,999 XEM *   0.01%   sparkline
12   DashDash   $4,869,335,769   $617.95   $78,861,400   7,879,847 DASH   1.83%   sparkline
13   MoneroMonero   $3,869,288,698   $246.25   $46,449,100   15,713,103 XMR   3.56%   sparkline
14   LiskLisk   $3,281,805,702   $27.81   $58,080,600   117,989,448 LSK *   6.14%   sparkline
15   TRONTRON   $3,021,142,594   $0.045950   $233,935,000   65,748,192,476 TRX *   3.34%   sparkline
16   Ethereum ClassicEthereum Classic   $2,793,305,592   $27.99   $464,483,000   99,803,687 ETC   11.85%   sparkline
17   Bitcoin GoldBitcoin Gold   $2,268,943,743   $134.90   $38,539,100   16,819,824 BTG   6.22%   sparkline
18   TetherTether   $2,223,016,237   $1.00   $2,160,790,000   2,217,140,814 USDT *   0.03%   sparkline
19   QtumQtum   $2,178,960,249   $29.49   $270,999,000   73,876,332 QTUM *   2.88%   sparkline
20   VeChainVeChain   $2,028,474,410   $4.31   $56,490,800   470,791,178 VEN *   5.41%   sparkline
21   ICONICON   $1,623,741,968   $4.26   $68,450,200   381,495,014 ICX *   8.90%   sparkline
22   U.CASHU.CASH   $1,534,930,010   $0.177859   $3,792,330   8,630,038,458 UCASH *   467.67%   sparkline
23   ZcashZcash   $1,521,788,499   $466.38   $80,297,200   3,262,994 ZEC   2.45%   sparkline
24   NanoNano   $1,292,022,049   $9.70   $35,501,800   133,248,289 XRB *   8.56%   sparkline
25   OmiseGOOmiseGO   $1,278,215,616   $12.53   $28,233,600   102,042,552 OMG *   3.22%   sparkline
26

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
citronick
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February 12, 2018, 02:26:04 PM
 #1063


ouch. that would certainly put some hurt on gpu eth farms. most people were counting on eth not going away from pow for what, another year or so?

So bitmain  has decided to call the  eth pos bluff.


this will shake up the world of cryptocoins big time.

of course  a fork  could fork  the bitmain asic.  I would like to see this play out.

https://coinmarketcap.com/


1   BitcoinBitcoin   $147,216,469,090   $8,731.50   $5,965,710,000   16,860,387 BTC   4.25%   sparkline

2   EthereumEthereum   $84,035,910,402   $861.29   $2,207,890,000   97,569,820 ETH   2.22%   sparkline
.
.
.

“Bitmain is about to release F3, the ethereum ASIC miner. It’s reported that every miner is mounted with 3 mainboards. On each mainboard there are 6 ASIC processors, each of which has 32 1GB DDR3 memory. Therefore, one unit of F3 miner contains 72 Gigabyte DRAM memory.”

The F3 only for ETH mining may not be the full story here... memory heavy algos may benefit too?

Can Bitmain do a multi-algo Baikal miner?

If I provided you good and useful info or just bring a smile to your day, consider sending me merit points to further validate this Bitcointalk account ~ useful for future account recovery...
philipma1957
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February 12, 2018, 03:50:16 PM
 #1064


ouch. that would certainly put some hurt on gpu eth farms. most people were counting on eth not going away from pow for what, another year or so?

So bitmain  has decided to call the  eth pos bluff.


this will shake up the world of cryptocoins big time.

of course  a fork  could fork  the bitmain asic.  I would like to see this play out.

https://coinmarketcap.com/


1   BitcoinBitcoin   $147,216,469,090   $8,731.50   $5,965,710,000   16,860,387 BTC   4.25%   sparkline

2   EthereumEthereum   $84,035,910,402   $861.29   $2,207,890,000   97,569,820 ETH   2.22%   sparkline
.
.
.

“Bitmain is about to release F3, the ethereum ASIC miner. It’s reported that every miner is mounted with 3 mainboards. On each mainboard there are 6 ASIC processors, each of which has 32 1GB DDR3 memory. Therefore, one unit of F3 miner contains 72 Gigabyte DRAM memory.”

The F3 only for ETH mining may not be the full story here... memory heavy algos may benefit too?

Can Bitmain do a multi-algo Baikal miner?

If this machine  can be a "gpu miner"  it would mean the end of gpu mining.  It would result in many issues and completely alter  the entire mining world.

The key is how many algos will it do?

And will we have 5 or 10

say

AA3
BB3
CC3
DD3
EE3
FF3
GG3
HH3
II3
JJ3

all of the above do 3 to 5 algos and    gpus are killed off.

MY thoughts would be

AMD
NVIDIA
INTEL
Every graphic card builder

and the desktop pc industry  would get hurt.

Bitmain  needs to step very carefully here.

As a miner  for a lot of years  I am happy  to be mostly in cash  at the moment.

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
soothaa
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February 12, 2018, 03:55:43 PM
 #1065


ouch. that would certainly put some hurt on gpu eth farms. most people were counting on eth not going away from pow for what, another year or so?
I've been hearing "ETH is going PoS!!!" cry since I started mining almost a year ago..  Roll Eyes

Even IF they do eventually go PoS.. they'll most likely go hybrid at first..

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MagicSmoker
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February 12, 2018, 04:11:47 PM
 #1066

If this machine  can be a "gpu miner"  it would mean the end of gpu mining.  It would result in many issues and completely alter  the entire mining world.

The key is how many algos will it do?

And will we have 5 or 10

say

AA3
BB3
CC3
DD3
EE3
FF3
GG3
HH3
II3
JJ3

all of the above do 3 to 5 algos and    gpus are killed off.

MY thoughts would be

AMD
NVIDIA
INTEL
Every graphic card builder

and the desktop pc industry  would get hurt.

Bitmain  needs to step very carefully here.

As a miner  for a lot of years  I am happy  to be mostly in cash  at the moment.

That was my thought at first, then I realized that Bitmain would be competing against the likes of several companies with market caps in the $10B - $200B range and millions - literally millions - of already deployed GPUs. Oh, and you can bet those Bitmain miners will feature their legendary quality...  Tongue

So now I'm thinking this will be the proverbial tempest in a teapot.
deadsix
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February 12, 2018, 04:13:52 PM
 #1067


If it looks like bullshit, smells like bullshit, chances are ... its vaporware.

Quote
3 mainboards having 6 ASIC chips, each with 32 1GB DDR3 memory, thus totalling to 72 GB RAM

Someone is bad at basic math. 3 x 6 x 32 = 72? Lets assume they meant 3 mainboards with 32 1gb ram, even that comes to 3 x 32 =72? ...
Ofcource if each asic chip had 4 gb memory dedicated to it, that would make each mainboard 6 x 4 = 24 and then the total 72gb for 3 mainboards makes sense.
But DDR3? Really? What is this 2011? DDR3 would not have nearly enough bandwidth to mine at 1mh/d for the entire thing.

Quote
Ethereum ASIC chips will enter mass production stage in February 2018 by TSMC’s 28nm process. The F3 miner is expected to hit the market in Q2 or Q3 2018.
TSMC's ground breakin 28nm process node because we are in 2011 again ... ofcource this silicon will be as efficient as the 14nm GPU's in the market ...
Also miners expected to hit the market in Q2/Q3 ... when is the tape out? When do the engineering samples roll out? Or are they just going full blown production run?
And when is POS? Why would they make an ASIC for a mining algo that is going to remove mining altogether pretty soon?

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Ethereum/Zcash/Monero Mining Bangalore https://bitcointalk.org/index.php?topic=1703592
Watjila
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February 12, 2018, 04:22:25 PM
 #1068


If it looks like bullshit, smells like bullshit, chances are ... its vaporware.

Quote
3 mainboards having 6 ASIC chips, each with 32 1GB DDR3 memory, thus totalling to 72 GB RAM

Someone is bad at basic math. 3 x 6 x 32 = 72? Lets assume they meant 3 mainboards with 32 1gb ram, even that comes to 3 x 32 =72? ...
Ofcource if each asic chip had 4 gb memory dedicated to it, that would make each mainboard 6 x 4 = 24 and then the total 72gb for 3 mainboards makes sense.
But DDR3? Really? What is this 2011? DDR3 would not have nearly enough bandwidth to mine at 1mh/d for the entire thing.

Quote
Ethereum ASIC chips will enter mass production stage in February 2018 by TSMC’s 28nm process. The F3 miner is expected to hit the market in Q2 or Q3 2018.
TSMC's ground breakin 28nm process node because we are in 2011 again ... ofcource this silicon will be as efficient as the 14nm GPU's in the market ...
Also miners expected to hit the market in Q2/Q3 ... when is the tape out? When do the engineering samples roll out? Or are they just going full blown production run?
And when is POS? Why would they make an ASIC for a mining algo that is going to remove mining altogether pretty soon?

3 x 6 x 32 = 576Gb = 72 GB as 8Gb = 1GB.
philipma1957
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February 12, 2018, 04:41:47 PM
Last edit: February 12, 2018, 04:52:25 PM by philipma1957
 #1069


If it looks like bullshit, smells like bullshit, chances are ... its vaporware.

Quote
3 mainboards having 6 ASIC chips, each with 32 1GB DDR3 memory, thus totalling to 72 GB RAM

Someone is bad at basic math. 3 x 6 x 32 = 72? Lets assume they meant 3 mainboards with 32 1gb ram, even that comes to 3 x 32 =72? ...
Ofcource if each asic chip had 4 gb memory dedicated to it, that would make each mainboard 6 x 4 = 24 and then the total 72gb for 3 mainboards makes sense.
But DDR3? Really? What is this 2011? DDR3 would not have nearly enough bandwidth to mine at 1mh/d for the entire thing.

Quote
Ethereum ASIC chips will enter mass production stage in February 2018 by TSMC’s 28nm process. The F3 miner is expected to hit the market in Q2 or Q3 2018.
TSMC's ground breakin 28nm process node because we are in 2011 again ... ofcource this silicon will be as efficient as the 14nm GPU's in the market ...
Also miners expected to hit the market in Q2/Q3 ... when is the tape out? When do the engineering samples roll out? Or are they just going full blown production run?
And when is POS? Why would they make an ASIC for a mining algo that is going to remove mining altogether pretty soon?

Eth could use this as an excuse to change the al-gore-rhythm

only allowing 10gb gpus to work  ie the 1080ti, titan xp +volta.

thus tossing the entire bitmain  f3 into the shitter

puts off  pos for years.  Huge boost to nvidia.

We had to do this to break the bitmain  "stranglehold" on  coins .

Be careful is my motto for now.

Meanwhile my omen pc's from  hp.com are running nicely
I have a third one on the way.  maybe late feb.

this one will be the
880-160se


ORDER CONFIRMED
10:30 AM EST, FEB 10, 2018
SHIPPING
DELIVERY
OMEN Desktop PC - 880-160se
Show customized options
2TB61AV_1
Estimated ship date: Feb 28


It has the i7 8700 in it.  not the i5 8400

I also ordered 2 sticks of this ram from newegg.

https://www.newegg.com/Product/Product.aspx?Item=N82E16820231967


and I will clone the hdd to a large ssd using this cloner


https://www.amazon.com/gp/product/B01K5WREA6/ref=oh_aui_detailpage_o04_s01?


so it will have the

i7 8700
2 1080ti
32gb ram
dvd player
750 watt plat psu
1 tb ssd

this puppy will be my development pc  and I may finally dump all my apple macmini's.

I have so much fucking gear  I need to do a big fire sale.

I must have 
15 mobos
5 pc's

I don't need or use.

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
Last of the V8s
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Be a bank.


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February 12, 2018, 04:50:38 PM
 #1070


Eth could use this as an excuse to change the al-gore-rhythm

only allowing 10gb gpus to work  ie the 1080ti, titan xp +volta.

thus tossing the entire bitmain  f3 into the shitter

puts off  pos for years.  Huge boost to nvidia.

We had to do this to break the bitmain  "stranglehold" on  coins .



a sic joke right there
philipma1957
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February 12, 2018, 04:54:41 PM
 #1071


Eth could use this as an excuse to change the al-gore-rhythm

only allowing 10gb gpus to work  ie the 1080ti, titan xp +volta.

thus tossing the entire bitmain  f3 into the shitter

puts off  pos for years.  Huge boost to nvidia.

We had to do this to break the bitmain  "stranglehold" on  coins .



a sic joke right there

he is the inventor of the internet

https://www.youtube.com/watch?time_continue=7&v=BnFJ8cHAlco

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
Last of the V8s
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February 12, 2018, 05:01:47 PM
 #1072


Eth could use this as an excuse to change the al-gore-rhythm

only allowing 10gb gpus to work  ie the 1080ti, titan xp +volta.

thus tossing the entire bitmain  f3 into the shitter

puts off  pos for years.  Huge boost to nvidia.

We had to do this to break the bitmain  "stranglehold" on  coins .



a sic joke right there

he is the inventor of the internet

https://www.youtube.com/watch?time_continue=7&v=BnFJ8cHAlco

lol i had no idea he was a CIA asset


Over here he's only famous for inventing polar bears.

ps do you think Barry Silbert might be in on this ethhash asic for his ETC?
Stubo
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February 12, 2018, 05:12:54 PM
Merited by philipma1957 (1), vapourminer (1)
 #1073

and I will clone the hdd to a large ssd using this cloner


https://www.amazon.com/gp/product/B01K5WREA6/ref=oh_aui_detailpage_o04_s01?

Why buy a HW cloner when you can do it faster with free SW?

https://www.macrium.com/reflectfree

I have used this SW for over a year and love it. I use it to create nightly backup images of all of my Windows PCs to a backup server through the included scheduler. It can also clone any OS disk (including Ubuntu - nvOC) and even Windows Server if you boot from the PE image. If you want to roll out the same image to a bunch of machines, just create an image and then restore it multiple times.

Hope this helps.
lanciaominer
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February 12, 2018, 05:58:19 PM
 #1074

i think we can keep track with the difficulty level of ETH to see how much is true about the F3, but i do not like what i'm seeing with the difficulty chart of january to february, i hope it's just millions of gpu being deployed, remember the difficulty spike of dash before D3 ? hope they fork the shit outta shitmain.
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February 12, 2018, 06:12:10 PM
 #1075

Lets talk new egg here , seen a few lower priced 580s finnaly , anyone have experince with multiple newegg accounts ?

do they look at the cc and shipping address or just the account if you have say two accounts ? , normally I dont mind buying one every few days

but with the currrent shortage i'd prefer to buy 2 or 3 and then be done with it for a while

Based on my recent experience, they are pretty savvy in determining true double ups by customers.  Back in early Jan'18, I ordered a single Asus 1070ti off their website (limit of 1). About 2 hours later I realized they had that same GPU listed on Ebay, so I bought 1 there as well.  A few hours later, I got a message saying that the ebay order was cancelled due to exceeding ordering limits.  This surprised me because my paypal linked to my ebay has a different email address and payment method than what I used on NewEgg.com.  So, they must use an algorithm based on shipping address in order to weed out these types of double up attempts.

Based on this, I can really only think of 2 possible ways around it... 1) get a 2nd address like PO Box or something in conjunction with a 2nd newegg acct.  Would probably also need to use a different CC to pay but I do wonder if they also have a name check built into their algo. Possibly getting the PO box in a different zip code could work as it seems unlikely their algo could be so advanced to sniff out something like this, but who knows.  2) get a friend to order it and have it shipped to their house.  Only problem with this is the timings issue... since at least til now, when GPUs pop up as available they are gone in a few minutes or less.  The 570/580 seems to stick for at least a couple of minutes lately but not the 1070ti's.... every time i get a notification and go directly to the site (newegg or amazon) they are gone already, which is baffling since I am there in seconds after getting notified.
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February 12, 2018, 06:21:39 PM
 #1076

On the Newegg topic,
All I know is address/name are the tipoffs, I created a new account using my rental property 8 hours away with my name did not work. Different credit card with same name did not work.
By the time I got my friend to try and place an order for me they had sold out. My wife also could not order a card to our house with her name and credit card.

What I haven't done is try to use the Canadian site and the American site, to try seperate orders.

I also gave up on trying wasn't worth it, but 11 days in and I have managed to order 4 cards so in another 6 days I should have my 6 GPU's lol. First one arrives tomorrow.

For me the bonus is that I can play around with setting up my first rig 1 card at a time and adding, hopefully by the 6th I've smoothed out the wrinkles.

philipma1957
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February 12, 2018, 08:01:53 PM
 #1077

and I will clone the hdd to a large ssd using this cloner


https://www.amazon.com/gp/product/B01K5WREA6/ref=oh_aui_detailpage_o04_s01?

Why buy a HW cloner when you can do it faster with free SW?

https://www.macrium.com/reflectfree

I have used this SW for over a year and love it. I use it to create nightly backup images of all of my Windows PCs to a backup server through the included scheduler. It can also clone any OS disk (including Ubuntu - nvOC) and even Windows Server if you boot from the PE image. If you want to roll out the same image to a bunch of machines, just create an image and then restore it multiple times.

Hope this helps.

Not really in my case. My cloner was sent free for review purposes. But  the info may help others so I gave you a merit point.




To those looking for cards

2 rx 580's

water cooled prebuilt style

2 evga 1070 hybrids
2 msi 1070 seahawks

1 evga 1070 hybrid   ?  may be a 1080 hybrid

air cooled
1 zotac 1070 mini
1 msi aero 1070

2 other 1070's




all under warranty
 all  at good prices  i.e. a tiny bit over the retail prices I paid.

pm for details

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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February 12, 2018, 11:14:53 PM
 #1078


 Too much BS in this to make sense, starting with the "using 1GB DDR3" stuff.
 Also WAY too late for it to pay off unless they make them SUPER cheap and they have a HUGE performance improvement over GPU mining - if it DOES in fact exist.

 Sounds like someone spreading FUD to me.



I'm no longer legendary just in my own mind!
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February 12, 2018, 11:16:56 PM
 #1079

I've been hearing "ETH is going PoS!!!" cry since I started mining almost a year ago..  Roll Eyes

Even IF they do eventually go PoS.. they'll most likely go hybrid at first..

 That's already been announced, that they plan to go "1% PoS 99% PoW" at first for testing.

I'm no longer legendary just in my own mind!
Like something I said? Donations gratefully accepted. LYLnTKvLefz9izJFUvEGQEZzSkz34b3N6U (Litecoin)
1GYbjMTPdCuV7dci3iCUiaRrcNuaiQrVYY (Bitcoin)
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February 12, 2018, 11:19:31 PM
 #1080



That was my thought at first, then I realized that Bitmain would be competing against the likes of several companies with market caps in the $10B - $200B range and millions - literally millions - of already deployed GPUs. Oh, and you can bet those Bitmain miners will feature their legendary quality...  Tongue

So now I'm thinking this will be the proverbial tempest in a teapot.

 To be fair, Bitmain qualtity didn't get BAD 'till they went 14nm - the S5 was 28nm and had good reliability.

 Their quality DID drop some with the S7 and the major increase in power density AND move to "individual tiny heatsinks per chip" though.


I'm no longer legendary just in my own mind!
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