CryptoPicknAxe
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Activity: 28
Merit: 0
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March 11, 2018, 11:24:40 PM |
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So happy to see this thing dead on arrival.. XMR + IPBC switching algos, with hopefully other CN coins to follow. Fuck you, baikal.  Has any other CN coin announced support for the switch yet? Sumo and ETN, for example. |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Raziel__
Member
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Activity: 76
Merit: 10
Geniuses are always branded as crazy
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March 11, 2018, 11:52:07 PM |
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i will bail out on this one, to expensive, 1250$ would be a good price, but they will find enough sheeps who buy that miner...
Hopefully they won't. But the uninformed masses never cease to amaze me. This thing is dead on arrival. I'd love to see baikal lose millions with this ASIC due to all the major coins switching algos (Monero and IPBC confirmed so far) but they've probably already made their investment back by mining with these for a few months before announcing them, unfortunately. They can change algos as many times they like, if it stays below or at 1mb requirement you will be able to mine it with asic No, you won't be able to. You can't reprogram an Application Specific Integrated Circuit. If it were an FPGA, then yes, they could potentially make it work with a new algo. Do we know if that asic is FPGA or ASIC, to many people FPGA is "asic" too |
This is madness. Prepare yourself miners, winter is here!
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grchina
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March 12, 2018, 12:14:35 AM |
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if this miner really exists, they already used it for months and now they are trying to get rid of their used hardware before it becomes useless, because of the upcoming cryptonight v7 forks
this could be also a reason for the hashrate increase for many cryptonight coins(yeah botnets too)
many importand cryptonight coins already announced to fork.
look at their twitter page, monero disappeared magicaly from the list of minable coins
Yeah this is probably true and the fact that they are shipping asics from moment you paid them support this,just clean them from dust and shipp them to the unsuspected customers.Many people were emailing them about if its posible to mine xmr with it and probably saying the same what we are doing now  |
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m.vina
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March 12, 2018, 12:37:28 AM |
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60W and three 6pin connectors? Why? Strange...
Probably a typo and the actual power consumption could be 600w. With non-english speaking companies like this, they don't really put a lot of emphasis on english editing.. But then again, 600 is a simple universal number. |
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ikanunaki
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March 12, 2018, 12:38:26 AM |
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look at their twitter page, monero disappeared magicaly from the list of minable coins Like Bitcoin? (Top 1) Like Bitcoin Cash? (Top 4) Like Litecoin? (Top 5) Like Dash? (Top 11) |
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Gunna01
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March 12, 2018, 12:41:10 AM |
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I'd put this as a risky investment, a code change and your device is useless. Monero is implementing it and I would suspect other Monero forms are waiting to see the outcome before implementing it as well.
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ikanunaki
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March 12, 2018, 12:47:32 AM |
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60W and three 6pin connectors? Why? Strange...
Probably a typo and the actual power consumption could be 600w. With non-english speaking companies like this, they don't really put a lot of emphasis on english editing.. But then again, 600 is a simple universal number. See image in the first msg and find laptop power Do you put a portable power supply to illustrate the low consumption by mistake? |
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trackers
Jr. Member
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Activity: 54
Merit: 2
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March 12, 2018, 01:00:35 AM |
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What's the most profitable cryptonight coin at the moment that's not monero?
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dlezama
Member
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Activity: 140
Merit: 17
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March 12, 2018, 01:05:24 AM |
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What's the most profitable cryptonight coin at the moment that's not monero?
ETN, SUMO... Look it up in whattomine.com I don't see how can you make any money out of this after Monero switches though. The $25 per day you see today will evaporate pretty soon. |
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ikanunaki
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March 12, 2018, 01:07:26 AM |
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What's the most profitable cryptonight coin at the moment that's not monero?
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Kalyst69
Jr. Member
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Activity: 147
Merit: 1
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March 12, 2018, 01:22:51 AM |
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What's the most profitable cryptonight coin at the moment that's not monero?
Look at here, there are more coins and Monero is far to be the most profitable https://www.cryptunit.com |
Host your ASICs in Siberia for $0.07/KW all inclusive. Contact me for information.
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seebr
Newbie
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Activity: 47
Merit: 0
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March 12, 2018, 03:03:42 AM |
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i will bail out on this one, to expensive, 1250$ would be a good price, but they will find enough sheeps who buy that miner...
Hopefully they won't. But the uninformed masses never cease to amaze me. This thing is dead on arrival. I'd love to see baikal lose millions with this ASIC due to all the major coins switching algos (Monero and IPBC confirmed so far) but they've probably already made their investment back by mining with these for a few months before announcing them, unfortunately. They can change algos as many times they like, if it stays below or at 1mb requirement you will be able to mine it with asic really? how? so you mean Baikal can provide new patch fix the new algorithm? |
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bovineplane
Jr. Member
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Activity: 153
Merit: 2
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March 12, 2018, 03:18:00 AM |
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What's the most profitable cryptonight coin at the moment that's not monero?
Look at here, there are more coins and Monero is far to be the most profitable https://www.cryptunit.comThe profitability there is deceptive. Many of those coins do not have the volume to support large scale ASIC use. Monero, perhaps ETN and Sumo might support some but the rest could not. |
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Prelude
Legendary
Offline
Activity: 1596
Merit: 1000
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March 12, 2018, 03:29:23 AM |
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i will bail out on this one, to expensive, 1250$ would be a good price, but they will find enough sheeps who buy that miner...
Hopefully they won't. But the uninformed masses never cease to amaze me. This thing is dead on arrival. I'd love to see baikal lose millions with this ASIC due to all the major coins switching algos (Monero and IPBC confirmed so far) but they've probably already made their investment back by mining with these for a few months before announcing them, unfortunately. They can change algos as many times they like, if it stays below or at 1mb requirement you will be able to mine it with asic No, you won't be able to. You can't reprogram an Application Specific Integrated Circuit. If it were an FPGA, then yes, they could potentially make it work with a new algo. Do we know if that asic is FPGA or ASIC, to many people FPGA is "asic" too The efficiency gain is way to high to be anything but an ASIC. It's for sure an ASIC. |
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shaninium
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March 12, 2018, 04:41:57 AM |
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If this wont mine monero after its fork then forget it. Etn and sumo etc wont handle this hash power without tanking.
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wudafuxup
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March 12, 2018, 05:18:27 AM |
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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  There are multiple coins already in the talks about forking away from this ASIC. Should be an interesting few weeks. |
I like crypto
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FbombJ
Newbie
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Activity: 1
Merit: 0
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March 12, 2018, 05:44:39 AM |
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Here we go...Lets see what happens.
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