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vg54dett
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March 12, 2018, 11:11:52 AM |
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With all that bad news, I'm thinking about to sell my few Rx470s 4gb.
Philip, what price would you suggest me ?
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philipma1957 (OP)
Legendary
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Activity: 4130
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'The right to privacy matters'
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March 12, 2018, 11:30:13 AM |
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arielbit
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March 12, 2018, 11:32:57 AM |
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me? I'm waiting for the next gen top of the line nvidia 2080 ti and buy many and/or wait for 1080 ti panic sell and buy many..call it a year..see you all again for the next big thing hehehe  |
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JaredKaragen
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My AR-15 ID's itself as a toaster. Want breakfast?
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March 12, 2018, 11:49:56 AM |
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It will be interesting to see how easy this Baikal N miner can be firmware upgraded since its FPGA, when Monero March 2018 Hard Fork happens.
Monero Team has already stated that they will not hesitate to fork if ASIC players manufactures XMR/Cryptonote miners.
Problem is; the scratchpad on the algo is ~2Mb.... all they need to do is increase the algo to the point where it takes too much processing AND memory; i think its a win win. It seems they designed this algo to scale up both issues at once if need be. I would be interested to see how it looks after.... sure, you can add more memory to a future device, but increasing the computations on the scratchpad, will make it that much harder to compute... |
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soothaa
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March 12, 2018, 12:07:22 PM |
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Monero Team has already stated that they will not hesitate to fork if ASIC players manufactures XMR/Cryptonote miners.
This makes me very happy to hear. Makes me even more bullish on Monero. With all that bad news, I'm thinking about to sell my few Rx470s 4gb.
Philip, what price would you suggest me ?
How many/what price? |
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citronick
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---- winter*juvia -----
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March 12, 2018, 12:33:13 PM |
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All this talk on ASIC's is really pissing me off, AaronSauce told me that a new ASIC labeled Antminer F3 has showed up on MiningPoolHub as a miner this week mining ETH @213MH/s....
Im worried there is going to be a mass exit on GPU farmers soon, just unsure whats the best way to go anymore...
Baikal N specs.... 20KH/s at 60watts per unit Currently, the fastest Monero GPU the Vega64 at 2k/s ..... You need 10 x Vega64 to match 1 Baikal N .... Pointless to compare wattage - FPGA and ASICs will be efficient many folds hands down. Given the above.... I dont think GPUs will be feasible for long term crypto mining. I agree, just sucks because the profit is moving from the miners to the Chinese companies, because when i had 3 asic's years ago, when 2 of them broke it took months to get warranty repairs and i lost hundreds in the time it took to get them back.. so that is why ive been all for GPU's over Asics... amd and nvidia may not care since many moron miners ran card at 110% tdp and killed off cards then sent in rmas. This may have hurt the industry enough to not guard against asic takeover. I suspect a huge shakeup once asics kill off the gpus. and if a few al gore rhythm's are left say equihash p102-100 sold at 600-700 in big moq's may be the only option worth buying. this saves nvidia from lots of rma's since it has short warranty. I wont be surprise if we wait awhile more P102 at sub-$500? Frankly, every 2nd coin that Claymore touches in dual-mining gets into the ASICs realm eventually.... looks like Claymore's sorcery is... if you can software program it, you can bolt the microcode into a chip. In the end, can we assume that "only DaggerHashimoto and Equihash will be truly ASICSs free and profit worthy alts to mine" if so, then we should be in the green team hoarding 1080tis and above. |
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philipma1957 (OP)
Legendary
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Activity: 4130
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'The right to privacy matters'
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March 12, 2018, 12:34:00 PM |
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me? I'm waiting for the next gen top of the line nvidia 2080 ti and buy many and/or wait for 1080 ti panic sell and buy many..call it a year..see you all again for the next big thing hehehe yeah all I have are 1080ti's so since they are 11gb memory I would hope for a fork of equihash and of monero maybe a few other al-gore-rythm's will let them keep value. I may be shifting to sha-256 once I get some dragonmints and maybe avalon 841s |
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citronick
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---- winter*juvia -----
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March 12, 2018, 12:36:58 PM |
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Monero Team has already stated that they will not hesitate to fork if ASIC players manufactures XMR/Cryptonote miners.
This makes me very happy to hear. Makes me even more bullish on Monero. |
If I provided you good and useful info or just a smile to your day, consider sending me merit points to further validate this Bitcointalk account ~ useful for future account recovery...
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citronick
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---- winter*juvia -----
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March 12, 2018, 12:38:22 PM |
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me? I'm waiting for the next gen top of the line nvidia 2080 ti and buy many and/or wait for 1080 ti panic sell and buy many..call it a year..see you all again for the next big thing hehehe yeah all I have are 1080ti's so since they are 11gb memory I would hope for a fork of equihash and of monero maybe a few other al-gore-rythm's will let them keep value. I may be shifting to sha-256 once I get some dragonmints and maybe avalon 841s Are 821s .... ASICBOOST certified? |
If I provided you good and useful info or just a smile to your day, consider sending me merit points to further validate this Bitcointalk account ~ useful for future account recovery...
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soothaa
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March 12, 2018, 12:40:49 PM |
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Love it. Just love it. I should have more XMR than I do... |
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philipma1957 (OP)
Legendary
Online
Activity: 4130
Merit: 7895
'The right to privacy matters'
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March 12, 2018, 12:52:24 PM |
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me? I'm waiting for the next gen top of the line nvidia 2080 ti and buy many and/or wait for 1080 ti panic sell and buy many..call it a year..see you all again for the next big thing hehehe yeah all I have are 1080ti's so since they are 11gb memory I would hope for a fork of equihash and of monero maybe a few other al-gore-rythm's will let them keep value. I may be shifting to sha-256 once I get some dragonmints and maybe avalon 841s Are 821s .... ASICBOOST certified? I do not think so. Maybe the 841's are as they spec to lower watts per gh. |
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dragonmike
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March 12, 2018, 01:23:57 PM |
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Love it. Just love it. I should have more XMR than I do... Go buy some!  |
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soothaa
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March 12, 2018, 01:27:40 PM |
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Love it. Just love it. I should have more XMR than I do... Go buy some! There's about 2 dozen projects I want at the moment.. |
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MagicSmoker
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March 12, 2018, 01:34:04 PM |
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i would love to try one of these cards at least at some point. If a group buy goes through, and I have the ability to put it, it would be nice to be able to =)
looking at this baikal cryptonight asic coming out; it makes sense...
It just starts with a keccack hash, and then a rather basic algorythm is done with ~2Mb of memory space. I was thinking of working with my father to find an FPGA that would fit the bill for all of these operations. The way its calculated, I can see how it would be such low power with an FPGA.
I can design the board if someone picks the FPGA and writes the HDL. |
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MagicSmoker
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March 12, 2018, 01:36:28 PM |
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It will be interesting to see how easy this Baikal N miner can be firmware upgraded since its FPGA, when Monero March 2018 Hard Fork happens.
Monero Team has already stated that they will not hesitate to fork if ASIC players manufactures XMR/Cryptonote miners.
Problem is; the scratchpad on the algo is ~2Mb.... all they need to do is increase the algo to the point where it takes too much processing AND memory; i think its a win win. It seems they designed this algo to scale up both issues at once if need be. I would be interested to see how it looks after.... sure, you can add more memory to a future device, but increasing the computations on the scratchpad, will make it that much harder to compute... This is my understanding as well, but one problem with increasing the scratchpad size to defeat ASICs is that it also reduces the hashrate of GPU/CPU miners; perhaps monotonically So that seems like a shoot-yourself-in-the-foot kind of solution. |
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soothaa
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March 12, 2018, 01:59:04 PM |
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This is my understanding as well, but one problem with increasing the scratchpad size to defeat ASICs is that it also reduces the hashrate of GPU/CPU miners; perhaps monotonically So that seems like a shoot-yourself-in-the-foot kind of solution.
Why is that a problem? If the whole network decreases hashrate by 50% nobody loses but the ASICs... |
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citronick
Legendary
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Activity: 1834
Merit: 1080
---- winter*juvia -----
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March 12, 2018, 02:01:21 PM |
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My group just had a discussion on a contingency plan due to the introduction of Baikal N and impact on difficulty/profitability in coming weeks once these miners hit the streets. Baikal confirmed to one of our members that shipping starts in 1 week.
We predict a bloodbath in the cryptonite world - similar to what happened in LBRY, SIA, BlakeXXXX, Skein coins because of A3s, Baikal B's and X10s.
Monero will try to resist by forking but Baikals are FPGAs and can be upgraded (unlike hardcoded ASICs, that probably explains why Bitmain is not even in play for a XMR ASICs).
While the group will likely invest in "a batch" of Baikal Ns, we have decided to upgrade our power infrastructure in the GPU farms and go all out on ETH (both AMD and NVIDIA farms), assuming that Dagger coins will still remain profitable (and Casper is still a year away). This is like going back to our mining strategy circa 2016.
Also, to continue expanding the SHA256 and L3+ farms as 1st priroty... and halt ALL GPU projects for now until the battleground settles...
Given... still a strong BTC value beyond 2018, its important to remember that accumulation of BTC is still the main objective of long term mining, regardless of what alts/coins that we mine.
In these turbulent times... I want to quote Phil's analogy "... As I see Bitcoin as the super highway and alt coins as taxis and trucks needed to move transactions..."
Good luck and great mining to everyone.
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MagicSmoker
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March 12, 2018, 02:11:36 PM
Last edit: March 12, 2018, 03:02:05 PM by MagicSmoker |
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This is my understanding as well, but one problem with increasing the scratchpad size to defeat ASICs is that it also reduces the hashrate of GPU/CPU miners; perhaps monotonically So that seems like a shoot-yourself-in-the-foot kind of solution.
Why is that a problem? If the whole network decreases hashrate by 50% nobody loses but the ASICs... Because changing the computation - ie, tweaking the algo - renders the ASIC obsolete (the computation is literally hard-coded into silicon) and this won't affect GPU/CPU software at all (just change the code and recompile). EDIT - sorry, I didn't address your actual rebuttal that if the entire network hashrate decreases then - presumably - so will difficulty. Yes, that may work. |
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dragonmike
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March 12, 2018, 02:13:29 PM |
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My group just had a discussion on a contingency plan due to the introduction of Baikal N and impact on difficulty/profitability in coming weeks once these miners hit the streets. Baikal confirmed to one of our members that shipping starts in 1 week.
We predict a bloodbath in the cryptonite world - similar to what happened in LBRY, SIA, BlakeXXXX, Skein coins because of A3s, Baikal B's and X10s.
Monero will try to resist by forking but Baikals are FPGAs and can be upgraded (unlike hardcoded ASICs, that probably explains why Bitmain is not even in play for a XMR ASICs).
While the group will likely invest in "a batch" of Baikal Ns, we have decided to upgrade our power infrastructure in the GPU farms and go all out on ETH (both AMD and NVIDIA farms), assuming that Dagger coins will still remain profitable (and Casper is still a year away). This is like going back to our mining strategy circa 2016.
Also, to continue expanding the SHA256 and L3+ farms as 1st priroty... and halt ALL GPU projects for now until the battleground settles...
Given... still a strong BTC value beyond 2018, its important to remember that accumulation of BTC is still the main objective of long term mining, regardless of what alts/coins that we mine.
In these turbulent times... I want to quote Phil's analogy "... As I see Bitcoin as the super highway and alt coins as taxis and trucks needed to move transactions..."
Good luck and great mining to everyone.
The only way to properly "resist" would be to fundamentally change algo and pick something like x16r which constantly changes. I can only hope for Monero that they always had the option to easily switch to MoneroV as emergency procedure... But to be properly asic resistant they'd need a more fundamental change. I like your approach though. Re-trench, focus, hodl! |
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grchina
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March 12, 2018, 02:15:27 PM |
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Phill i have a question for you,i follow your threads and most of the time you say that you either point your rigs towards nicehash or you mine zec but dont see you mentioning mining other coins that bring more profit like signatum bitcore and raven durring that period.So i was wondering is there some special reason behind that like you think zec will be huge or you just dont love shitcoins |
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