AIhash (OP)
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March 10, 2018, 09:38:12 AM Last edit: March 10, 2018, 02:43:56 PM by AIhash |
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I knew it was fishy when I stared to get $450 bitmain coupons. At least we have some idea of a time frame. Outside of just random wishing. “Bitmain, which has already been supplying mining ASICs for Bitcoin in the past several years and is one of the top-5 clients of TSMC, is ready to release ASIC products for mining the cryptocurrency Ether in April at the earliest. The products are expected to shore up the performances of related upstream suppliers including TSMC, Advanced Semiconductor Engineering (ASE) and Global Unichip (GUC).” https://www.digitimes.com/news/a20180308PD207.html
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Eternu
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March 10, 2018, 10:54:53 AM |
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That was expected to happen in near future. I guess it is good also, because it will bring down prices of GPU's, gamers will be happy about that. But honestly, I am not sure what to think about Ethereum ASIC miners. If Ethereum becomes PoS, I don't see reason why someone would buy those miners. It would mean capturing their investment... but I guess that would also depend on Miners price on start.
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Raymond_B
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March 10, 2018, 09:24:47 PM |
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That was expected to happen in near future. I guess it is good also, because it will bring down prices of GPU's, gamers will be happy about that. But honestly, I am not sure what to think about Ethereum ASIC miners. If Ethereum becomes PoS, I don't see reason why someone would buy those miners. It would mean capturing their investment... but I guess that would also depend on Miners price on start.
One wrinkle in the PoS movement, regulation. There's already speculation that PoS coins could be considered a security due to paying "dividends". Obviously this is all conjecture, but it *could* affect PoS as an alternative to PoW.
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Vann
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March 10, 2018, 09:42:04 PM |
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Just more rumors without substance or foundation. They also didn't get the memo Scrypt mining with GPU's hasen't been a thing since at least 2015. LOL. ASICs' growing presence in the cryptocurrency sector is a challenge to the mining practice using graphics cards supplied by Nvidia, AMD and related brand vendors, which have been catering mostly to Ether and Litecoin mining. .
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big al
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March 10, 2018, 10:06:54 PM |
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So does the bottom fall out when these Ether miners saturate the market? Everyone will move to other less profitable coins and those will fall out too.
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fvineyard
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March 10, 2018, 10:10:39 PM |
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This was bound to happen eventually. I thought the devs could change the code so that any asics produced are no longer effective. True?
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Spill
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March 10, 2018, 10:14:09 PM |
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Judging how the difficulty for etherium has 2x in the past 2 months when were having a massive shortage of GPU's, the Fact that bitmain is a 3 billion dollar company(Same as NVIDA). I'm guessing Bitmain has been selling them already to their big commercial company's for that past 2 months already. I would start holding off on buying any new gpus. ![Cry](https://bitcointalk.org/Smileys/default/cry.gif)
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Spill
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March 10, 2018, 10:18:31 PM |
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So does the bottom fall out when these Ether miners saturate the market? Everyone will move to other less profitable coins and those will fall out too.
Yes it will unfortunately. ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Or at least until Vitalik Buterin figures out how to modify the pow algo to make these things expensive heaters like the guys on monero are doing to the cryptonite ASCIS at the end of this month.
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smoolae
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March 10, 2018, 10:31:04 PM |
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![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) I hope Ethereum quickly moves to POS in order to get away from ASIC rape. But if I understand it correctly, you would be able to mine any Ethash coin with it (Like you can mine Scrypt coins with L3)
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Johny101010
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March 11, 2018, 12:42:00 AM |
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I knew it was fishy when I stared to get $450 bitmain coupons. At least we have some idea of a time frame. Outside of just random wishing. “Bitmain, which has already been supplying mining ASICs for Bitcoin in the past several years and is one of the top-5 clients of TSMC, is ready to release ASIC products for mining the cryptocurrency Ether in April at the earliest. The products are expected to shore up the performances of related upstream suppliers including TSMC, Advanced Semiconductor Engineering (ASE) and Global Unichip (GUC).” https://www.digitimes.com/news/a20180308PD207.htmlSo let me get this right. The 7nm chips start masive production in June. The author implies that those are the chips for the eth ASIC. But the miners can come as early as April? Ahhhhhh? And the yields are so great that TSMC will be about to provide Apple, NVIDIA AND Bitmain with a new process? #mathishard #domathnotmeth
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AIhash (OP)
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March 11, 2018, 03:29:15 AM |
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So it seems that they could find enough memory chips for this memory hungry ETHASH algo ? ? ? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Bullshit ! You have a really good point!!’
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Suslived
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CryptoTalk.Org - Get Paid for every Post!
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March 11, 2018, 03:47:44 AM |
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FAKE NEWS. Monica Chen, the writer of the article, is doing nothing better than speculating.
Why? She never even quoted any source. It all came from her mouth. If it was legitimate should would have added, "according to bitmain reps.."
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Amph
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March 11, 2018, 07:49:06 AM |
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speed other specs? probably on par wih gpu
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stash2coin
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March 11, 2018, 08:01:15 AM |
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Bitmain, which has already been supplying mining ASICs for Bitcoin in the past several years and is one of the top-5 clients of TSMC, is ready to release ASIC products for mining the cryptocurrency Ether in April at the earliest. Well at least we wont have to wait much in April-May will see if this is true or not. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Bitmain took over Bitcoin mining, the next logical step for them is to take over the second largest crypto coin Ethereum. This will drive the price of ethereum higher good time now to invest in ethereums or not. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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phuocduong
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March 11, 2018, 08:35:06 AM |
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maybe fake news, in website bitman no have new miner ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Miningtry
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March 11, 2018, 11:10:20 AM |
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maybe fake news, in website bitman no have new miner ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Until they sell all their obsolete like (D3 now for 550$ in future S9 below 1k$) you will not see new minere.
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Sr.Urbanist
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March 12, 2018, 09:35:00 PM |
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![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) I hope Ethereum quickly moves to POS in order to get away from ASIC rape. But if I understand it correctly, you would be able to mine any Ethash coin with it (Like you can mine Scrypt coins with L3) Mining provides an "objective truth". In a proof-of-stake system, you are more-or-less trusting central code without external objectivity.
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Atomicc
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March 13, 2018, 12:49:18 AM |
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Yes it will unfortunately. ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Or at least until Vitalik Buterin figures out how to modify the pow algo to make these things expensive heaters like the guys on monero are doing to the cryptonite ASCIS at the end of this month. Most of cryptonight coins will probably follow Monero ... and make successful conversion of Baikal units to "exclusive noisy heaters....powered by ASIC" ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Spill
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March 13, 2018, 03:55:58 AM |
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speed other specs? probably on par wih gpu
The specs are 710 to 730 m/h for only 850 -950 watts. And the way eth difficulty has been rising pretty sure these are already working the network.
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