Bitmain launches the Z9 Equihash miner

[dmwardjr]

The Pro ASIC Moderator who banned me:

[NetfetMiningCompany]

Im glad he did. You're obnoxious as hell. You just dont stop.

[dmwardjr]

Cryptomined, gives Zooko a lesson on INTEGRITY...  ROFL

[NetfetMiningCompany]

Hes using his own posts to talk to himself LOL. I had to ignore it. This guy is mental and really should be taken off the forum. His post count is sign of this behavior. Literally spamming for an hour.

[dmwardjr]

ZCASH FORK IN TO 2 CHAINS? BITMAIN ANTMINER Z9 MINI ASIC! ZEC Co. CLASS-ACTION LAWSUIT?

https://www.youtube.com/watch?v=oPdnG03eI58&t=1s

EIP1057 VOTE True ASIC Resistant ProgPOW for Ethereum & ZCash New Proof of Work - In order to maintain Consensus and Community.  However, Zooko has thrown those two things to the four winds in an effort to line his own pockets.

https://www.youtube.com/watch?v=P6B-ZCyP6K8

Deception & Misdirection by ZEC co. Forking ASIC Resistance Bitmain Antminer Z9

https://bitcointalk.org/index.php?topic=3668441.0

[cryptotore]

Look dmwardjr, I've learned a lot from you in the early days, you actually inspired me to build my own mining room back in the day, but I gotta say you seem a little off the railz regarding this issue!

I'll try to discuss with you:

In my mind ASIC's is good because its the most efficient tech available to date. This means that a network consisting of asics are less vulnerable to takeover from governments/companies. Simply because they cant produce more efficient hardware in secret, and take over the network.

Bitmain (and others) could have chosen not to sell these machines, and basically taken over the network in secret if they wanted to.

Your view on this?

[NetfetMiningCompany]

Look dmwardjr, I've learned a lot from you in the early days, you actually inspired me to build my own mining room back in the day, but I gotta say you seem a little off the railz regarding this issue!

I'll try to discuss with you:

In my mind ASIC's is good because its the most efficient tech available to date. This means that a network consisting of asics are less vulnerable to takeover from governments/companies. Simply because they cant produce more efficient hardware in secret, and take over the network.

Bitmain (and others) could have chosen not to sell these machines, and basically taken over the network in secret if they wanted to.

Your view on this?

Only problem with ASIC computing is that its controlled by a couple companies. Which is the glaring flaw in his argument. You can have a rig getting 10k and an asic getting 10k in the same room, yet only one is destroying crypto? Its a stupid argument. People who want 10k hash power will get 10k hashpower.  The computers themselves are fantastic. High efficiency, low power. Its only the natural step in computer evolution. The fact he keeps mentioning the computers themselves, and NOT the company, shows he just has his head up his ass regarding the issue. No reason for the harsh defense other then the selfish fact this GPU wont run as good. He sure the hell doesnt care about the coin. How can he. Hes extremely hostile to its creators.  ASIC are good for networks. Bitcoin is impenetrable. The networks Bitmain built machines for, impenetrable.  BCH took half of BTC's hashrate when it was created, and both networks cant be touched.

[dmwardjr]

Look dmwardjr, I've learned a lot from you in the early days, you actually inspired me to build my own mining room back in the day, but I gotta say you seem a little off the railz regarding this issue!

Hi cryptotore, I "respectfully" request to please refrain from "off the rails," Sir.

I'll try to discuss with you:

No problem...

In my mind ASIC's is good because its the most efficient tech available to date. This means that a network consisting of asics are less vulnerable to takeover from governments/companies. Simply because they cant produce more efficient hardware in secret, and take over the network.

That's your mind...  However, the "company" to take it over would be BITMAIN.  I'm not saying BITMAIN is in league with the Chinese Government.  I don't believe they are.  I'm saying BITMAIN is the "Company" to takeover PoW coins.

With that comes RISKS of 51% attack, Giving them increased power in the trading space as a Composite Group sitting behind the scenes and manipulates the coins to your disadvantage if you do not understand the game as he plays it; and to your great profit if you do understand it.  However, MOST don't understand it as some of us do and BITMAIN wins again by manipulating not only the mining market but the trading market as well.

Bitmain (and others) could have chosen not to sell these machines, and basically taken over the network in secret if they wanted to.

GPUs are WAY more available to get then ASICs. To say GPUs are currently hard to get is incorrect. Sure there was a month or 2 when they were overpriced, that was due to the high demand when they had a ROI of 90 days.

Even then you could still buy a smaller graphics card, they were not ALL sold out. The 1070/1080 TIs were the hard ones to get, other models were more available.

What advantage would we have if everyone moved to ASICs? It would just raise the current bar for everyone, reduce us to one supplier of hardware, and starts a arms race. Atleast with GPUs we are all on a level playing field without having to worry someone will have a GPU that does x100 the hashrate for 1/10th the power. All the hardware is relatively close to each other in terms of performance, keeping the difficulty from ramping up x10-x100.

ASICs dont save power, they dont make the network more secure, they are limited in availability, only have 3 to 6 month warrantys, run loud and hot, manufacturers keep a large number of the them for themselves and keep secret other rigs that are far better then sell them as new later while replacing them with new hardware, etc...

This is suppose to be a ASIC resistant coin, why dont you ASIC people go mine other ASIC coins available. Ohhhh ya thats right, you cant make your money back off them ASIC coins anymore because of the difficulty have ramped up so much. So you want to come and ruin Zcash’s difficulty with ASICs to make a quick buck and act like its the future of mining.  I'm HERE to tell you, that QUICK buck is an ILLUSION.

As you KNOW, I've been in the space for a while and have had a LOT of experience with BITMAIN.  My LAST round of ASIC's I bought from them was 42 x Bitmain S7's in late 2015.  All of which I sold in February 2016 and never looked back.  I USED to be the one to DEFEND them when they were attacked by others and I believe you KNOW this.  THEN I TOOK THE RED PILL AND WOKE UP in February, 2016!!!  I did a LOT of research and weighing pros and cons of GPU versus ASIC.  ASIC would be fine "IF" {and it's a big if} the manufacturing of ASIC's were not CENTRALIZED, if governments did not pose a risk of banning ASIC's when they are shipped into their country, [GPU's are not so easily banned; as they have multiple purposes], and manufacturers pulling shenanigans in regards to better hardware while selling the scraps to unwary greedy driven miners trying to make a buck while being oblivious to the true "end" of what Bitmain works towards.  Which is lining their own pockets at the expense of unwary individuals who are being seriously taken advantage of.

[DevelopmentBank]

Although it may seem that this guy dmwardjr is talking to himself, he is actually fighting for all of us GPU miners.

If nobody voices out concerns like this, there is no chance that GPU mining will survive and ASICs backed by profit-oriented companies will take over the mining scene. I'm glad dmwardjr is here and actively posting in this thread if anything to raise awareness. Keep on fighting the good fight!

[NetfetMiningCompany]

I dont think you realize that you cant stop this from happening. If anything, You should encourage people to buy their stores so the hashrate gets distributed around the globe. if you TRULY care about decentralizing what they do. Like the guy said above, they didnt have to release ANY of their hardware. All this shows is what truly matters to people. Money. IF they were so caring about the coin,chain, security, you would want this kind of progress. Just not from one company. No ones stopping anyone from making them. So....

[dmwardjr]

Although it may seem that this guy dmwardjr is talking to himself, he is actually fighting for all of us GPU miners.

If nobody voices out concerns like this, there is no chance that GPU mining will survive and ASICs backed by profit-oriented companies will take over the mining scene. I'm glad dmwardjr is here and actively posting in this thread if anything to raise awareness. Keep on fighting the good fight!

Nice to see someone who GETS IT.

[NetfetMiningCompany]

Although it may seem that this guy dmwardjr is talking to himself, he is actually fighting for all of us GPU miners.

If nobody voices out concerns like this, there is no chance that GPU mining will survive and ASICs backed by profit-oriented companies will take over the mining scene. I'm glad dmwardjr is here and actively posting in this thread if anything to raise awareness. Keep on fighting the good fight!

Can you honestly say that if ASIC were as readily available and as affordable as GPUs you wouldnt use them? You are also implying AMD and Nvidia arent profiting from this?

[dmwardjr]

Although it may seem that this guy dmwardjr is talking to himself, he is actually fighting for all of us GPU miners.

If nobody voices out concerns like this, there is no chance that GPU mining will survive and ASICs backed by profit-oriented companies will take over the mining scene. I'm glad dmwardjr is here and actively posting in this thread if anything to raise awareness. Keep on fighting the good fight!

Can you honestly say that if ASIC were as readily available and as affordable as GPUs you wouldnt use them?

Did you read my post above?

"ASIC would be fine "IF" {and it's a big if} the manufacturing of ASIC's were not CENTRALIZED, if governments did not pose a risk of banning ASIC's when they are shipped into their country, [GPU's are not so easily banned; as they have multiple purposes], and manufacturers pulling shenanigans in regards to better hardware while selling the scraps to unwary greedy driven miners trying to make a buck while being oblivious to the true "end" of what Bitmain works towards.  Which is lining their own pockets at the expense of unwary individuals who are being seriously taken advantage of."

[dmwardjr]

Net,

The real discussion currently is “do we want a Bitmain run network or a GPU network”. If you cannot legitimately say “yes, I want a Bitmain centralized network” then you’re not really pro-ASIC in the current market.

Keep in mind, there is a difference between a BITMAIN run network and an ASIC run network.  Cause as I said previously, "ASIC would be fine "IF" {and it's a big if} the manufacturing of ASIC's were not CENTRALIZED, if governments did not pose a risk of banning ASIC's when they are shipped into their country, [GPU's are not so easily banned; as they have multiple purposes], and manufacturers pulling shenanigans in regards to better hardware while selling the scraps to unwary greedy driven miners trying to make a buck while being oblivious to the true "end" of what Bitmain works towards.  Which is lining their own pockets at the expense of unwary individuals who are being seriously taken advantage of."

BITMAIN, is a MULT-Billion dollar company who can afford to pay trolls to come on here and market their products while also spreading propaganda of how ASIC's are better for the network (Selling pitch) all while ignoring everything else on the subject to determine if BITMAIN's idea of an ASIC network is really an ASIC network.  Sounds like a BITMAIN network to me.

[cryptotore]

Look dmwardjr, I've learned a lot from you in the early days, you actually inspired me to build my own mining room back in the day, but I gotta say you seem a little off the railz regarding this issue!

Hi cryptotore, I "respectfully" request to please refrain from "off the rails," Sir.

I'll try to discuss with you:

No problem...

In my mind ASIC's is good because its the most efficient tech available to date. This means that a network consisting of asics are less vulnerable to takeover from governments/companies. Simply because they cant produce more efficient hardware in secret, and take over the network.

Ohhhh ya thats right, you cant make your money back off them ASIC coins anymore because of the difficulty have ramped up so much. So you want to come and ruin Zcash’s difficulty with ASICs to make a quick buck and act like its the future of mining.  I'm HERE to tell you, that QUICK buck is an ILLUSION.

I gotta admit this is true, even tho I got 50% asic and 50% gpus at this point!

Fun fact, this happend today during transport:

As you KNOW, I've been in the space for a while and have had a LOT of experience with BITMAIN.  My LAST round of ASIC's I bought from them was 42 x Bitmain S7's in late 2015.  All of which I sold in February 2016 and never looked back.  I USED to be the one to DEFEND them when they were attacked by others and I believe you KNOW this.  THEN I TOOK THE RED PILL AND WOKE UP in February, 2016!!!  I did a LOT of research and weighing pros and cons of GPU versus ASIC.  ASIC would be fine "IF" {and it's a big if} the manufacturing of ASIC's were not CENTRALIZED, if governments did not pose a risk of banning ASIC's when they are shipped into their country, [GPU's are not so easily banned; as they have multiple purposes], and manufacturers pulling shenanigans in regards to better hardware while selling the scraps to unwary greedy driven miners trying to make a buck while being oblivious to the true "end" of what Bitmain works towards.  Which is lining their own pockets at the expense of unwary individuals who are being seriously taken advantage of.

It was a good call to sell them, I kept mine to the bitter end! haha

I think the main reason I dont mind asic's is because I want to use my GPU's in FOG-computing projects like sonm.io. Its a better use of the resources imo! I will reinstall my gpu rigs soon to be ready for testnet release in june! (The only service available in test will still be mining IaaS, as a test deal/task (profit switching) ).

You make a lot of good points, but keep the caps and red text on the downlow please

[dmwardjr]

It was a good call to sell them, I kept mine to the bitter end! haha

I think the main reason I dont mind asic's is because I want to use my GPU's in FOG-computing projects like sonm.io. Its a better use of the resources imo! I will reinstall my gpu rigs soon to be ready for testnet release in june! (The only service available in test will still be mining IaaS, as a test deal/task (profit switching) ).

You make a lot of good points, but keep the caps and red text on the downlow please

I may have edited some other points while you were creating your post.

Yeah, I saw the writing on the wall in mid January, 2016 and sold.  I did keep 7 of them just in case Bitcoin were to moon; and it did to $20,000K.  Now, I gave those 7 x S7's to my dad.  I also gave him eight 6 card R9 380 rigs (they're old) while helping him build a mining closet.  Which see:  https://bitcointalk.org/index.php?topic=2865914.0

EDIT:  By the way, CAPS were only for emphasis, Bro.  Not yelling at you by any means, Sir.  Much respect... 

[NetfetMiningCompany]

Because the logical approach to finding a resolution is to just fork, fork, fork, fork, fork.Damn a new machine? fork fork fork.....So they going to fork again after the next machine? Maybe? 3rd....Nope. Its a waste of money and time and pointless venture. People CANNOT stop evolution of the computer. ASICs are built for mining. GPUs arent. ITs amazing people are against such a simplistic concept. GPU should be leading the charge in AI development. Not mining. Thats where Nvidia is trying to get anyway. This fight against obsolete tactics is useless lol. It just looks like a bunch of kids kicking and screaming. So please....Just keep devoting resources to fork EVERY time a machine comes out. They honored peoples request the first time, good luck on the second.

[dmwardjr]

Because the logical approach to finding a resolution is to just fork, fork, fork, fork, fork.Damn a new machine? fork fork fork.....So they going to fork again after the next machine? Maybe? 3rd....Nope. Its a waste of money and time and pointless venture. People CANNOT stop evolution of the computer.

Come on now, Net... Really bro?  Let's THINK through this logically how about it?

Several PoW coins are actively researching PROG PoW RIGHT NOW as we speak.  I "KNOW" this because I'm in direct communication with developers:  https://www.youtube.com/watch?v=P6B-ZCyP6K8&t=1s

It's not logical to draw conclusions without gathering EVERYTHING on a subject first.  No?  So, please don't assume the worst and simply give up.

What you FAIL to point out is there is also an EVOLUTION IN SOFTWARE:  Same video to point out "evolution"  https://www.youtube.com/watch?v=P6B-ZCyP6K8&t=1s

[cryptotore]

It was a good call to sell them, I kept mine to the bitter end! haha

I think the main reason I dont mind asic's is because I want to use my GPU's in FOG-computing projects like sonm.io. Its a better use of the resources imo! I will reinstall my gpu rigs soon to be ready for testnet release in june! (The only service available in test will still be mining IaaS, as a test deal/task (profit switching) ).

You make a lot of good points, but keep the caps and red text on the downlow please

I may have edited some other points while you were creating your post.

Yeah, I saw the writing on the wall in mid January, 2016 and sold.  I did keep 7 of them just in case Bitcoin were to moon; and it did to $20,000K.  Now, I gave those 7 x S7's to my dad.  I also gave him eight 6 card R9 380 rigs (they're old) while helping him build a mining closet.  Which see:  https://bitcointalk.org/index.php?topic=2865914.0

EDIT:  By the way, CAPS were only for emphasis, Bro.  Not yelling at you by any means, Sir.  Much respect... 

I've already seen the thread, keep posting pics, Im thinking of rebuilding half the garage for mining! ^^

[dmwardjr]

I've already seen the thread, keep posting pics, Im thinking of rebuilding half the garage for mining! ^^

Cool... If and/or when you do get it going, please feel free to post photos with comments to update us with what you have going on so we all can learn from one another.