Happy New Years! Seventh alt coin thread!

[philipma1957]

Wow, I'm not exactly sure if this video is 100% legit,
but it seems that the Antminer F3 is already there hashing Ethereum.
https://www.youtube.com/watch?v=9L-1iG6mdJ8

it is most likely real.


But  it will serve to kill eth  unless  a fork is done soon.


Here is the deal  cpu/gpu developers can crush asics  with  a 4-6 month built in fork  system for their coin.

Other then LTC/scrypt and BTC/sha256 no algo has much hashpower

so an asic will crush that algo.

the defense  would be   4-6 month forks  and adding  a second or third algo

say
x16r  now
x20r   4-6 months later
x24r   4-6 months later
z28r   4-6 months later

or
xmr1
xmr2
xmr3
xmr4

or
zec1
zec2
zec3
zec4

or
eth1
eth2
eth3
eth4


this  would defend  cpu/gpu coins  from the  attack  of asics

[generalt]

Thanks Phil. The t9 is what I was thinking. Looking at everything though just don't think I can swing it at the moment.

Thanks for the numbers though

no worries  and deal fell through on my side any way.  I did not get the 20x coupons

That's a shame.  I was thinking I could have used about 3 of them to finally upgrade my older gear.  

[philipma1957]

Thanks Phil. The t9 is what I was thinking. Looking at everything though just don't think I can swing it at the moment.

Thanks for the numbers though

no worries  and deal fell through on my side any way.  I did not get the 20x coupons

That's a shame.  I was thinking I could have used about 3 of them to finally upgrade my older gear.  

Pm sent

[Storx]

Wow, I'm not exactly sure if this video is 100% legit,
but it seems that the Antminer F3 is already there hashing Ethereum.
https://www.youtube.com/watch?v=9L-1iG6mdJ8

it is most likely real.


But  it will serve to kill eth  unless  a fork is done soon.


Here is the deal  cpu/gpu developers can crush asics  with  a 4-6 month built in fork  system for their coin.

Other then LTC/scrypt and BTC/sha256 no algo has much hashpower

so an asic will crush that algo.

the defense  would be   4-6 month forks  and adding  a second or third algo

say
x16r  now
x20r   4-6 months later
x24r   4-6 months later
z28r   4-6 months later

or
xmr1
xmr2
xmr3
xmr4

or
zec1
zec2
zec3
zec4

or
eth1
eth2
eth3
eth4


this  would defend  cpu/gpu coins  from the  attack  of asics

Thats the part im unsure about, X11 had similar algo's that all used the same physical sectors in the action of mining and the sequence that it mined those algo's were always the same pattern, x16r is a combination of a lot of different ways of performing the action of mining as well randomizing it into 1 of 40,320 possible sequences, so i feel its far far far harder to produce an asic that could benefit from it over a modern GPU. If an ASIC was to come out for x16r, it would have to be a generic cpu die basically with enough memory to cover the memory based algo's as well have some sort of decryption to adjust based on the last 8 bits.

I just dont see how an ASIC could easily mine 40,320 different combinations very efficient compared to modern GPU's

[philipma1957]

Wow, I'm not exactly sure if this video is 100% legit,
but it seems that the Antminer F3 is already there hashing Ethereum.
https://www.youtube.com/watch?v=9L-1iG6mdJ8

it is most likely real.


But  it will serve to kill eth  unless  a fork is done soon.


Here is the deal  cpu/gpu developers can crush asics  with  a 4-6 month built in fork  system for their coin.

Other then LTC/scrypt and BTC/sha256 no algo has much hashpower

so an asic will crush that algo.

the defense  would be   4-6 month forks  and adding  a second or third algo

say
x16r  now
x20r   4-6 months later
x24r   4-6 months later
z28r   4-6 months later

or
xmr1
xmr2
xmr3
xmr4

or
zec1
zec2
zec3
zec4

or
eth1
eth2
eth3
eth4


this  would defend  cpu/gpu coins  from the  attack  of asics

Thats the part im unsure about, X11 had similar algo's that all used the same physical sectors in the action of mining and the sequence that it mined those algo's were always the same pattern, x16r is a combination of a lot of different ways of performing the action of mining as well randomizing it into 1 of 40,320 possible sequences, so i feel its far far far harder to produce an asic that could benefit from it over a modern GPU. If an ASIC was to come out for x16r, it would have to be a generic cpu die basically with enough memory to cover the memory based algo's as well have some sort of decryption to adjust based on the last 8 bits.

I just dont see how an ASIC could easily mine 40,320 different combinations very efficient compared to modern GPU's

And with a commitment  to add an algo or 2 every 4-6 months  by by asics
Here is a new thread

https://bitcointalk.org/index.php?topic=3228937.msg33601349#msg33601349


and here is the rvn thread

https://bitcointalk.org/index.php?topic=2752467.0

https://bitcointalk.org/index.php?topic=2752467.msg33607577#msg33607577

[ATCkit2]

this Raven  coin has a serious up side to it.

I see it over 1 usd by December

Haven't had time to check this coin out.

Is it Nvidia only or can you mine With AMD at fair speeds similiar to Nvidia?

Anyone know what speeds it generates with R9 280X, R9 290 and RX 470

AMD = Nvidia in this algo. My 580 8GB averages around 7.8MH/s at 1400 core 1900 memory. 7.2MH/s at stock 1340 core.

470 is around 5-6. Core speed is the bottleneck. Memory is just as important too on AMD.

As for the r9 290 I couldnt launch the amd miner it just freezes.

I spent a few hours yesterday trying to get my Rx 470 rig to mine RVN. I did of a ton of reading on the internet and tried both miners on SMOS.

Best I could get out of 7x 470 4gb  GPUs was 700 khs.

I didn't bother trying a Windows download. I gave up and that rig is back on ETH.

[ATCkit2]

It does not need to do that at all, ASIC's are specific to a certain algo in regards to hashpower/watt, so no ASIC manufacture can make a ASIC chip that is efficient at all 16, they are vastly different for a reason...

 X11 has 11 different algorithms in it, but the original Baikal miner was quite efficient at mining X11 and also high efficiency at mining several of the component algorithms as a "seperate" thing.

FAIL logic.

So assuming the x16r came out a month ago  and bitmain / Baikal want to asic it the  timeline may be 4-6 months out at best.

But  if x16r  had a fork ready now and could fork in:

5 months  to x20r
then fork in
5 months to  x24r
then fork in
5 months to x28r

asics  would be fucked

Yup, i think these MIT guys have a plan that will keep GPUs ahead of the ASIC wave. At least, I hope that is the case. That way, decentralized mining can live on.

Having said that, like many of you, I still dabble in ASICs too.

[ATCkit2]

For all the old timers. It seems like it's Summer 2014 all over again and we are mining Darkcoin on X11 algo using sgminer with our R9 280X using the same amount of power and making similiar profit as today.

More like late spring, JUST before the flood from Litecoin miners hit when the Gridseeds started getting widely deployed and killed GPU mining on Litecoin (in combination with the Litecoin price collapse).

Yep, I remember those days.  LTC went down the tube and my new Zeus ASIC rig, which finally arrived in late June, was next to useless as far as profitability. So, I mined some of that promising new coin ie: Darkcoin with my GPU rig. I should have held it.

I still think that DASH ( ie: Darkcoin in 2014) is still one of the best coins and may be one of the first coins to make it to mass acceptance as an everyday currency??.

Maybe RVN, with it's fairly fast transaction time, will be a good one for mass adoption??. Time will tell.

[QuintLeo]

Ok.

But this is the first time I see a video showing the F3 miner.

I have not seen this video being available until today.

Prior to shipping dates, Bitmain will crank them up first and mine them surely - just like S9s, L3+s, D3s etc

From the video, 3 blades - 43 chips each = 1.5MHs... around maybe three 8xGPU rigs thereabouts.

This F3 is a winner from a footprint and cooling aspect - pricing? 10k? Is it published yet?

I hope this F3 will bring down GPU prices in general.... but by then will us GPU miners find any PCI based GPU any value vs the smaller, more powerful, efficient powered, massive scaled ASICs to mine the coin of the future?

I'm sure they have "engineering sample" and test units working by now, possibly hundreds of them given the widespread "release sometime in the next 2 months" reports from more than one source.

1500 Mhash/sec is equal to a bit less than 50 GTX 1070 or a bit more than 50 "modded BIOS" RX 470/480/570/580 cards - if this thing eats 1400-1500 watt ballpark at the wall like the T9 and S9 often do, that makes the efficiency less than 3 TIMES a well-optimized 1070 or RX 470/480/570/580 rig (and would be pretty close to a prediction I made somewhere).
At 1000 watts, it would be about 5 times as efficient - but I'd have to see it run at THAT low of a power level to believe it.
At anywhere between those power levels, it's going to run quite a bit hotter than a good "efficient" riser rig, NOT a win from a cooling aspect though definitely one from a footprint aspect.

A GPU killer, but a SLOW one even at Bitmain normal batch sizes - and they better price them pretty CHEAP for miners to have a reasonable chance to pay them off before ETH goes Proof of Stake, $10k would be a deal KILLER for them.

This is all assuming that production units can actually reach that 1500 Mhash mentioned in the video or close to it.


(edit seems I was off some IF the figures in the video stand up, I was predicting 800 Mhash more or less at 1300-1400 watts at the wall, earlier post in this thread)

[Marvell2]

this Raven  coin has a serious up side to it.

I see it over 1 usd by December

Haven't had time to check this coin out.

Is it Nvidia only or can you mine With AMD at fair speeds similiar to Nvidia?

Anyone know what speeds it generates with R9 280X, R9 290 and RX 470

AMD = Nvidia in this algo. My 580 8GB averages around 7.8MH/s at 1400 core 1900 memory. 7.2MH/s at stock 1340 core.

470 is around 5-6. Core speed is the bottleneck. Memory is just as important too on AMD.

As for the r9 290 I couldnt launch the amd miner it just freezes.

I spent a few hours yesterday trying to get my Rx 470 rig to mine RVN. I did of a ton of reading on the internet and tried both miners on SMOS.

Best I could get out of 7x 470 4gb  GPUs was 700 khs.

I didn't bother trying a Windows download. I gave up and that rig is back on ETH.

yeah nvidia is way better

with the enemy miner its 20 percent faster yet the calculator says
six 1070 should get 54 mhs but i get 64mhs and sometime 84 at the pool

even my vega 4 card rig caps at 45mhs

nvidia is hands down better with enemy miner

[P00P135]

https://wccftech.com/amd-project-canis-flagship-intel-joint-venture/amp/

RIP NVIDIA?   or april foolz 

[citronick]

https://wccftech.com/amd-project-canis-flagship-intel-joint-venture/amp/

RIP NVIDIA?   or april foolz  

When Bitmain can sell 4B worth of mining gear, anything is possible.

Samsung, Japan's GMO, and recently Intel already heading into the crypto world.

Where there is new money to be made, you can bet everyone will be heading that way.

I will not be surprised if EVGA, ASrock, etc. go all out with mining specific solutions.

[Elder III]

https://wccftech.com/amd-project-canis-flagship-intel-joint-venture/amp/

RIP NVIDIA?   or april foolz 

I would be skeptical of that even if it wasn't April 1'st.

[philipma1957]

https://wccftech.com/amd-project-canis-flagship-intel-joint-venture/amp/

RIP NVIDIA?   or april foolz 

I would be skeptical of that even if it wasn't April 1'st.

Intel and AMD in a partnership yeah April fools and happy Easter all in one

[JaredKaragen]

yeah nvidia is way better

with the enemy miner its 20 percent faster yet the calculator says
six 1070 should get 54 mhs but i get 64mhs and sometime 84 at the pool

even my vega 4 card rig caps at 45mhs

nvidia is hands down better with enemy miner

Im running the enemy miner found off the cryptominingblog.   ~14-22Mh from a single 1070 and single 980...  doesn't seem too bad.

Doesn't exactly calculate as profitable compared to what ive been mining, but i figure I have to try mine-and-hold at least once.

[UrsaUrsa]

yeah nvidia is way better

with the enemy miner its 20 percent faster yet the calculator says
six 1070 should get 54 mhs but i get 64mhs and sometime 84 at the pool

even my vega 4 card rig caps at 45mhs

nvidia is hands down better with enemy miner

Im running the enemy miner found off the cryptominingblog.   ~14-22Mh from a single 1070 and single 980...  doesn't seem too bad.

Doesn't exactly calculate as profitable compared to what ive been mining, but i figure I have to try mine-and-hold at least once.

I've downloaded it from their discord, running it on 3 rigs at the moment to test. I am a tad bit worried about the closed source thing and the 46/64-ish report from virustotal but even Vosk said it made him more money... Let's hope for the best!

[JaredKaragen]

imagine what the ASICS are gonna do to things like ETC, and the non-conformative forks of XMR that will be suddenly created and kept alive by people who fear change....


I wonder which way it will go with the ASIC and ETC.....

[QuintLeo]

https://wccftech.com/amd-project-canis-flagship-intel-joint-venture/amp/

RIP NVIDIA?   or april foolz  

I would be skeptical of that even if it wasn't April 1'st.

Intel and AMD in a partnership yeah April fools and happy Easter all in one

Intel and AMD have been reported - MONTHS ago - to have a partnership on some laptop chip line, though it might have been more than Intel licensed AMD "Vega" iGPU technology instead, the reports weren't 100% clear.

NOT an April Fools joke.

https://arstechnica.com/gadgets/2018/01/kaby-lake-g-unveiled-intel-cpu-amd-gpu-nvidia-beating-performance/
https://www.anandtech.com/show/12003/intel-to-create-new-8th-generation-cpus-with-amd-radeon-graphics-with-hbm2-using-emib

Among MANY other reports.


However, that Project Canis thing MIGHT be April Fools.

[xleejohnx]

Well I had a fun day yesterday..

Got a telegram alert that All my systems went down.
So I take a trip over there which is only like 10mins.
When I get there I notice the dsl box next to road..
It’s in about million pieces. So I’m like oh shit we had a thunderstorm
Come through Florida last night. I run inside start checking everything.
So I find plastic pieces everywhere of what was my modem/router..
I don’t know how but only the modem was taken in the storm.
Here was the fun part.. trying to convince CenturyLink my internet provider
That their dsl box was destroyed and it took the modems with it. After a two
Hour phone call. They finally sent someone out to check on it and see what the
Problem was. So the technician said he thinks the problem is the dsl box by the road ..
So I laugh the tec laughs and amazons Alex laughs... so everything is all good again..
 

[citronick]

Well I had a fun day yesterday..

Got a telegram alert that All my systems went down.
So I take a trip over there which is only like 10mins.
When I get there I notice the dsl box next to road..
It’s in about million pieces. So I’m like oh shit we had a thunderstorm
Come through Florida last night. I run inside start checking everything.
So I find plastic pieces everywhere of what was my modem/router..
I don’t know how but only the modem was taken in the storm.
Here was the fun part.. trying to convince CenturyLink my internet provider
That their dsl box was destroyed and it took the modems with it. After a two
Hour phone call. They finally sent someone out to check on it and see what the
Problem was. So the technician said he thinks the problem is the dsl box by the road ..
So I laugh the tec laughs and amazons Alex laughs... so everything is all good again..
 

wow.... reminds me of my fried 56.6kbps modem during a thunderstorm.

A bolt of thunder can travel through the phone lines...

I wonder if the same for fiber broadband?

Meanwhile, Pigeons fought with Ravens, and stole 2 of my 1080ti rigs for giggles....