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

[Wananavu99]

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.

The question is, will there be a hard fork?  I'm hoping there's going to be one, but I really don't know man.  Look at Sia coin they were not happy when Bitmain came out with a Blake-2b Asic, but they refused to do a hard fork.  

[lolchina]

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.

[/quote]
I dont have nothing againts asics but i do have agains companies that make that and then mine with them for months without selling to others.And on top of that only reason that they are selling now is because that they will be prety much useles and they want to dump it to someone else on high prices

[FFI2013]

Ya Sia wanted asics they where just pissed because bitmain shit on them with the pre-orders they already sold for ibelink
But here's my problem with asics the average miner can't buy them at a reasonable price you either need to no someone or willing to spend a lot or you either waiting till that particular asic will hardly ROI or pay out the ass on eBay so fuck asic manufacturers they are turning crypto into being centralized

[leowonderful]

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.


Broken quote removed

Tell that to the CryptoNight coins that plan on forking to stop ASICs from mining on their chains. The fact that ASICs greatly increase centralization doesn't exactly help either- just take a look at BTC. If a coin wishes to stay GPU-only they will choose to do so, whether it's to keep the coin decentralized or for another purpose.

[Searing]

Have not kept up. How many coins do people think will actually FORK vs  just making noise....is this unit really gonna be in trouble, due to all the forks

or is it just noise.....(again, no one knows, just your impressions from the various coin threads you frequent this applies to and what you think the odds are from the noise maybe?)

I might start a group buy (transparent...we would tell you any $$$ per unit we would tack on for price for our efforts not including the usual shipping to folk)

because I MAY want to get just ONE...figure we could dump the other 7 on a group buy (each of us 1 unit) ...but being lazy....unsure if it is even worth that little effort to get ONE.

[Gunna01]

Have not kept up. How many coins do people think will actually FORK vs  just making noise....is this unit really gonna be in trouble, due to all the forks

or is it just noise.....(again, no one knows, just your impressions from the various coin threads you frequent this applies to and what you think the odds are from the noise maybe?)

I might start a group buy (transparent...we would tell you any $$$ per unit we would tack on for price for our efforts not including the usual shipping to folk)

because I MAY want to get just ONE...figure we could dump the other 7 on a group buy (each of us 1 unit) ...but being lazy....unsure if it is even worth that little effort to get ONE.

Monero has implemented the fix in testNet and plans to go live on March 28. Once that occurs I imagine other forks will simply copy the changes to their coins

[Searing]

Have not kept up. How many coins do people think will actually FORK vs  just making noise....is this unit really gonna be in trouble, due to all the forks

or is it just noise.....(again, no one knows, just your impressions from the various coin threads you frequent this applies to and what you think the odds are from the noise maybe?)

I might start a group buy (transparent...we would tell you any $$$ per unit we would tack on for price for our efforts not including the usual shipping to folk)

because I MAY want to get just ONE...figure we could dump the other 7 on a group buy (each of us 1 unit) ...but being lazy....unsure if it is even worth that little effort to get ONE.

Monero has implemented the fix in testNet and plans to go live on March 28. Once that occurs I imagine other forks will simply copy the changes to their coins

Thanks appreciate it.....I guess my crypto business will have to look at the following for equipment deductions:

1) copy machine

2) fancy dancy printer

3) Xerox machine

4) office furniture (I asked CPA she said go for it)'

5) paper shredder

anything else I can think of...

(sigh, how far I've fallen...nothing but dubious doorstop ASIC machines available in the world of any ASIC flavor...(sha-256/blake2b/scrypt-pow/x11/cryptonight)

[Wananavu99]

Does look like these miners are going to be obsolete by the time they come out.  XMR is going to fork! My hope is that SUP, which is another coin I mine using Cryptonight is going to fork.  

So forget spending $12k on the X3 miner, it's only money down the drain.  

https://getmonero.org/2018/02/11/PoW-change-and-key-reuse.html

[Wananavu99]

Who on earth is buying up these miners? They're sold out! 

After reading XMR's reddit's discussions on the matter, it's a complete waste of time to get these miners because XMR is going to fork before these miners are released.  

[grendel25]

Who on earth is buying up these miners? They're sold out!

After reading XMR's reddit's discussions on the matter, it's a complete waste of time to get these miners because XMR is going to fork before these miners are released.  

"complete waste of time"  and yet they are sold out.  Either you don't know what you are talking about or the vast population of miners who managed to buy these out don't know what they are thinking.

Personally, I won't be dropping $12K on one of these things.  So, I guess you could say we agree.   However, there is value in these... things.  However, I the prices will drop.

So what else is there to consider here?  Well... a lot more than Monero.  In fact, here are 17 other coins (and that's not even all the cryptonight coins--oh and also not including cryptonight-lite coins) that can be mined with these... things:

https://cryptonote.org/coins

XUN, XAO are just two others and I'm sure there are more that aren't listed.  The use case for these things will continue to be lasting.  

Then there's the customer service and GPU arguments to consider.  But really, most the arguments cancel out.  Probably event the timing of buying these things argument can cancel out.  

But yeah... I'll be waiting for lower prices lol

[juninhodecio]

I have many bitmain coupons to donate for free if someone want those shit contact me on discord.

https://discord.gg/zbwEgPY

[invisiblefriend321]

i feel like these companies know something b4 all of us -- the fact that they r releasing these - )of course after mining )     

but they must have a purpose --

bitmain will not just screw all thur customers --

u can use the D3 as an example --yes it was a bad move --- the 1st quick batch did well --   but they keep pushing and being a successful company -- and making products that make money for their customers

I hate to admit all that -- especially being a miner myself


but isn't this the future ?


and what --- all these new fast fast asics are really going to be garbage b4 they r shipped --

yes it seams that way


but sure we r not missing something ?

[Wananavu99]

"complete waste of time"  and yet they are sold out.  Either you don't know what you are talking about or the vast population of miners who managed to buy these out don't know what they are thinking.

Personally, I won't be dropping $12K on one of these things.  So, I guess you could say we agree.   However, there is value in these... things.  However, I the prices will drop.

So what else is there to consider here?  Well... a lot more than Monero.  In fact, here are 17 other coins (and that's not even all the cryptonight coins--oh and also not including cryptonight-lite coins) that can be mined with these... things:

https://cryptonote.org/coins

XUN, XAO are just two others and I'm sure there are more that aren't listed.  The use case for these things will continue to be lasting.  

Then there's the customer service and GPU arguments to consider.  But really, most the arguments cancel out.  Probably event the timing of buying these things argument can cancel out.  

But yeah... I'll be waiting for lower prices lol

Good points, I'm also going to wait out this craziness and see where it all goes, but I got to laughing really hard after clicking on your link.  When I first got into mining, I mined Infinium-8 like crazy, I have so many Infinium-8 that are completely worthless.  

[shaninium]

Who on earth is buying up these miners? They're sold out! 

After reading XMR's reddit's discussions on the matter, it's a complete waste of time to get these miners because XMR is going to fork before these miners are released.  

Sold out apparently. Whether they are paid for on time is another matter.

[QuintLeo]

Who on earth is buying up these miners? They're sold out!

After reading XMR's reddit's discussions on the matter, it's a complete waste of time to get these miners because XMR is going to fork before these miners are released.  

"complete waste of time"  and yet they are sold out.

Barnum is outdated.
It's not a fool born every minute any more, it's more like one born every SECOND.

There is also the question of how BIG batch 1 was. If it was only a few hundred, instead of Bitmain's tendancy to release batches of a few thousand, it wouldn't TAKE all that many folks that DON'T know about the Monero fork.

[QuintLeo]

Have not kept up. How many coins do people think will actually FORK vs  just making noise....is this unit really gonna be in trouble, due to all the forks

Monero has announced fork on March 28, and several of the common miners for CN (stak-xmr and xmrig to my specific knowlage) have already updated their code for the new algorithm.

Electronium (ETN) also announced they would be forking, but I've not seen a specific timeframe for them yet.

[Mattthev]

Have not kept up. How many coins do people think will actually FORK vs  just making noise....is this unit really gonna be in trouble, due to all the forks

Monero has announced fork on March 28, and several of the common miners for CN (stak-xmr and xmrig to my specific knowlage) have already updated their code for the new algorithm.

Electronium (ETN) also announced they would be forking, but I've not seen a specific timeframe for them yet.

You mean that unofficial Twitter post? Look at their Github work, it will take them forever
This coin is the one I'm counting for ROI with Baikal N

[clems]

Have not kept up. How many coins do people think will actually FORK vs  just making noise....is this unit really gonna be in trouble, due to all the forks

Monero has announced fork on March 28, and several of the common miners for CN (stak-xmr and xmrig to my specific knowlage) have already updated their code for the new algorithm.

Electronium (ETN) also announced they would be forking, but I've not seen a specific timeframe for them yet.

You mean that unofficial Twitter post? Look at their Github work, it will take them forever
This coin is the one I'm counting for ROI with Baikal N

Richard Elis annonce on a video that ETN will not block asics mining. You should all watch this video and see how Richard Elis piss on our head !! This guy doesn't car about miner or whatever. I was a big fan of ETN and this idiot clearly piss on my head.

The best solution is to stop mining ETN to show him what community can do !!

Matttev good luck with you ROI.

[qqqua]

Richard Elis annonce on a video that ETN will not block asics mining. You should all watch this video and see how Richard Elis piss on our head !! This guy doesn't car about miner or whatever. I was a big fan of ETN and this idiot clearly piss on my head.

The best solution is to stop mining ETN to show him what community can do !!

Matttev good luck with you ROI.

He said like 3 times during interview that ETN will follow monero on POW update

[treanski]

Richard Elis annonce on a video that ETN will not block asics mining. You should all watch this video and see how Richard Elis piss on our head !! This guy doesn't car about miner or whatever. I was a big fan of ETN and this idiot clearly piss on my head.

The best solution is to stop mining ETN to show him what community can do !!

Matttev good luck with you ROI.

He said like 3 times during interview that ETN will follow monero on POW update

etn is dead coin anyway...soon it will be 100 sats