Baikal Giant N - Cryptonight, Cryptonight-lite FPGA/ASIC miner

[bitcoinexplorer]

Those ASIC producers always has a weird business model, selling in advance, publishing nowdays profitability, ask for payments in advance, delivery in "batches" after 1,2 or 3 months while they mined with those units with extra profitability. When You receive it, You will have very looooong ROI. Difficulty skyrocket, specially on small algos.
Warranty only 6 months, low quality support (or no support). If You have non working unit, even in warranty, You has to sent it to factory on Your own costs (for delivery, for custom...).
They try always to make extra profit: Baikal now asks minimum 21600USD, Bitmain 12000USD investment. For what? After the antiASIC forks, those units can be only doorstops, not even a heaters like D3 from Bitmain.

You are right, they know to consider miners are valuable customers and not just baits to sacrifice.

[online987659329]

https://shop.bitmain.com/productDetail.htm?pid=000201803132107063379CD35Gxy064F

Hashing algorithm: CryptoNight
Power consumption: 550W
Hashrate: 220KH/s

[rdluffy]

Those ASIC producers always has a weird business model, selling in advance, publishing nowdays profitability, ask for payments in advance, delivery in "batches" after 1,2 or 3 months while they mined with those units with extra profitability. When You receive it, You will have very looooong ROI. Difficulty skyrocket, specially on small algos.
Warranty only 6 months, low quality support (or no support). If You have non working unit, even in warranty, You has to sent it to factory on Your own costs (for delivery, for custom...).
They try always to make extra profit: Baikal now asks minimum 21600USD, Bitmain 12000USD investment. For what? After the antiASIC forks, those units can be only doorstops, not even a heaters like D3 from Bitmain.

They support decentralization 

[cashen]

Looks like there is going to be a price drop.

[lolchina]

With Cryptonight ASICs on the horizon, when (if) Ethereum does go to POS, it's starting to look like AMD based miners are in for a shit-show.

Ancient news.
AMD Polaris cards can mine stuff like ZEC effectively, but profitability on EVERYTHING is going to drop a lot when ETH goes POS and those 10 million OR MORE GPUs currently mining it go looking for new homes.

No coin can sustain that amount of hash coming to it from all those cards that were mining eth,only miners that dont pay for electricity can continue to work rest of us gonna just move to vr thx to our cards Kinda currious where did you get 10 mill gpus would really like to see if someone did the math on that one

[leonix007]

Looks like there is going to be a price drop.

coz the other Players released its Cryptonight X3 beast

https://shop.bitmain.com/productDetail.htm?pid=00020180314213415366s4au3Xw306A4

I wonder how they play things and its getting a little interesting on the marketing side

[xs.over]

Monero network hashrate distribution (stats on 8 february)
Roughly 70% of network hashare are on private pools.
Seems to be coinhive, js web miners, compromised pc/cpu instances botnets and Baikal, PinIdea and Bitmain ASICs/FPGAs

[Palmerson]

I hope that upcoming Monero hardfork will kill this at least for Monero. But the rest Cryptonight coins will be pretty much suffer for GPU mining.
Same with Nicehash, if the hardfork will disable Monero for Nicehash all the mining power will go to ETN, SUMO, ITNS probably and without firmware update the same with this ASIC.

I'm very curious about the power consumption 20kH/s at 60W? When I forget to turn off the lights in bathroom I have higher power consumption there

I also have doubts about such low electricity consumption. But now it doesn't matter. If Antminer X3 is enabled, the profit margin of These devices will be zero. It seems to me that a fierce competition has begun in the market of asics. Coins also activate their protection. Probably this method of mining has no future. Mining on a GPU will always be relevant because it is more decentralized.

[oomurashin]

anyone received ?

[rdluffy]

I hope that upcoming Monero hardfork will kill this at least for Monero. But the rest Cryptonight coins will be pretty much suffer for GPU mining.
Same with Nicehash, if the hardfork will disable Monero for Nicehash all the mining power will go to ETN, SUMO, ITNS probably and without firmware update the same with this ASIC.

I'm very curious about the power consumption 20kH/s at 60W? When I forget to turn off the lights in bathroom I have higher power consumption there

I also have doubts about such low electricity consumption. But now it doesn't matter. If Antminer X3 is enabled, the profit margin of These devices will be zero. It seems to me that a fierce competition has begun in the market of asics. Coins also activate their protection. Probably this method of mining has no future. Mining on a GPU will always be relevant because it is more decentralized.

I hope so

[JohnSch]

I do not understand why you could not just use the internal memory located inside the FPGA.  Many new 16nm Fpga has upwards of 75 megabyte of memory.  I would think having 37 really fast cores would be better than trying to use slow external ram.

Anyways, I found a reddit post of someone who supposedly did 20 kh/s on an monero FPGA miner. https://www.reddit.com/r/MoneroMining/comments/7s9zwe/fpga_mining/

Could you give a link to the XMR V7 discussion?

It is true about internal memory, yes, tens of megabytes and dozens of cores. But what is the overall hashrate of the solution using internal memory? Data dependancy and high latency make memory stalled almost all the time. I suppose the external memory would hide the latency of AES and multiplier.

Anyway the practice is the cretery of truth. If 20KH/s miner is possible - OK, lets build it. I have not done the IP core of XMR yet, so my estimations are rough and careful.

So I do not change my answer - top 16 nm FPGA and dual-triple coin minning in mind is reasonable choice for miner.

I have to find the the link, it is somewhere in browser history.

I found a website that sells Boards with multiple FPGA’s  on them (http://www.dinigroup.com/web/index.php)
 
If you want to work on the dual/triple Miner with me,  I have the code to a NIST5 miner.

[tomwrx]

A lot of idiots with deep pockets are going to get fucked by baikal/bitmain. I will laught out loud when i see those miners selling on ebay for 500 usd 

[DigitalCruncher]

I found a website that sells Boards with multiple FPGA’s  on them (http://www.dinigroup.com/web/index.php)
 
If you want to work on the dual/triple Miner with me,  I have the code to a NIST5 miner.

I already have similiar cooperation here. It would be bad to work for many customers in such area.

[bitcoinexplorer]

A lot of idiots with deep pockets are going to get fucked by baikal/bitmain. I will laught out loud when i see those miners selling on ebay for 500 usd 

Correct , i feel sorry for those people  i warned them!

[2stout]

When forks occur to change algos and difficulty jumps exponentially, this will prove to be a colossal waste of currency.

[Wananavu99]

Now bitmain is out with there new X3 miner

[smoolae]

Now bitmain is out with there new X3 miner

It is just sad to see, how the coins that were mined with GPUs and CPUs for years will now be mined with ASICs . I really hope Cryptonight algo hard fork will make CN ASICs useless.

[.F.]

Now bitmain is out with there new X3 miner

It is just sad to see, how the coins that were mined with GPUs and CPUs for years will now be mined with ASICs . I really hope Cryptonight algo hard fork will make CN ASICs useless.

Guys - Ascis are the future. Why is this even a discussion? Technology advances and becomes faster and more efficient.

It sucks if you have a lot of money invested into GPU but the fact is that this is what we'll be using going forward.

You're welcome to think otherwise but the facts remain.

[smoolae]

Now bitmain is out with there new X3 miner

It is just sad to see, how the coins that were mined with GPUs and CPUs for years will now be mined with ASICs . I really hope Cryptonight algo hard fork will make CN ASICs useless.

Guys - Ascis are the future. Why is this even a discussion? Technology advances and becomes faster and more efficient.

It sucks if you have a lot of money invested into GPU but the fact is that this is what we'll be using going forward.

You're welcome to think otherwise but the facts remain.

Yeah, I get that technology advances and have absolutely nothing against it . But ASICs = Big orders from rich people/big companies = centralization, crypto was invented to provide decentralization.

[QuintLeo]

A lot of idiots with deep pockets are going to get fucked by baikal/bitmain. I will laught out loud when i see those miners selling on ebay for 500 usd 

It would be more fair to say they are going to get FUBARed by their own greed and ignorance.