Bitcoin Forum
January 17, 2020, 07:50:59 PM *
News: Latest Bitcoin Core release: 0.19.0.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 [30] 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 ... 100 »
  Print  
Author Topic: Bitmain launches the Z9 Equihash miner  (Read 36789 times)
Longsnowsm
Hero Member
*****
Offline Offline

Activity: 868
Merit: 517


View Profile
May 22, 2018, 07:48:43 PM
 #581

Instead of focusing on the "method" of mining, how about trying something different?

Look at an example of a coin that saw ASIC's and decided to do something "different".  I know of a coin that saw ASIC's appear on the primary algo of their coin.  What did they do?  Try to kill ASIC's?  No, they added more algo's to the coin, and increased the diff on the algo's that the ASIC's were using to level the playing field.  Is it a perfect solution?  No, but it is certainly an approach that would potentially neutralize market disrupting technology and focus again on the coins themselves and the things you can do with them... I am not speaking of a theoretical coin, but one that has actually done this. 

Maybe it is time to stop trying to wage war on the hardware and technology and start trying to implement approaches that level the playing field at the coin level.  Instead of trying to "fork away" from hardware, just remove the advantage and allow them to continue mining.  Just a thought instead of this silly inside the box thinking we have gotten so far from most people.
No registration neededFixed RatesUnlimited transaction volumes
Try Now
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1579290659
Hero Member
*
Offline Offline

Posts: 1579290659

View Profile Personal Message (Offline)

Ignore
1579290659
Reply with quote  #2

1579290659
Report to moderator
badger88
Newbie
*
Offline Offline

Activity: 83
Merit: 0


View Profile
May 22, 2018, 08:57:24 PM
 #582

1 btc ^ this post is something ridiculous and completely off the point. Cant see it because its ignored  Roll Eyes Even though this guy said I was an idiot and ignored me LOL.  I thought you ignored me buddy. I dont think hes capable of having a civil conversation anymore. You really need help man. If you were a respected community member here, you clearly dont act like it now. Pity. Enjoy ranting to no one. IT must suck to have people block and ban you all the time when you try and express yourself. Id like to stay and chat but you're a total dick DM. I wish everyone else a good night.

dmwardjr

Legendary spammer of bile



I bet this guy has like 15+ separate account posting dumb pro-GPU mining fork spam.

fucking pathetic... mod plz ban from this thread, that guy needs go beg to zooko somewhere else!??!

You bought s7s and youre angry about that -fine. You hoarded GPUs away from gamers and used them for mining -not what they were designed or intended to do.

ur stupid GPUs will be worthless soon, dont worry - then you can cry and get over your 'greed gpu scam' for good Grin Grin



badfad
Jr. Member
*
Offline Offline

Activity: 188
Merit: 4


View Profile
May 22, 2018, 09:09:49 PM
Merited by not.you (1)
 #583

This thread seems to be an exposition of everyones deepest frustrations.
dmwardjr
Legendary
*
Offline Offline

Activity: 1428
Merit: 1134


Crypto Trading Technical Analyst


View Profile
May 23, 2018, 12:08:52 AM
Last edit: May 23, 2018, 12:38:48 AM by dmwardjr
 #584

Several here in this forum honestly don't give a damn about decentralized mining.  They only care about sucking up to BITMAIN.

They don't have the nuggets to stand up to BITMAIN.

They FEAR Sir, BITMAIN will see their comments and no longer sell them their precious FIX.  Meaning, ASIC's are like "crack" to these fella's.

BITMAIN has them hooked.  They need counseling and rehabilitation.   Grin

EDIT:  As most know, BITMAIN asks for you bitcoin talk user name.  Wonder why? 

Follow me on Trading View for excellent signals in Bitcoin/US dollar - Bitstamp - https://www.tradingview.com/u/WyckoffMode/.  Will be on a paid subscription website soon with trading signals and technical education using Wyckoff Method in conjunction with Godmode and Stochastic RSI indicators for many more crypto currency pairs besides BTCUSD.
dmwardjr
Legendary
*
Offline Offline

Activity: 1428
Merit: 1134


Crypto Trading Technical Analyst


View Profile
May 23, 2018, 12:36:36 AM
 #585

1 btc ^ this post is something ridiculous and completely off the point. Cant see it because its ignored  Roll Eyes Even though this guy said I was an idiot and ignored me LOL.  I thought you ignored me buddy. I dont think hes capable of having a civil conversation anymore. You really need help man. If you were a respected community member here, you clearly dont act like it now. Pity. Enjoy ranting to no one. IT must suck to have people block and ban you all the time when you try and express yourself. Id like to stay and chat but you're a total dick DM. I wish everyone else a good night.

dmwardjr

Legendary spammer of bile


Go ahead, have your fun...

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.

Most who KNOW me, 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 many 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.

Follow me on Trading View for excellent signals in Bitcoin/US dollar - Bitstamp - https://www.tradingview.com/u/WyckoffMode/.  Will be on a paid subscription website soon with trading signals and technical education using Wyckoff Method in conjunction with Godmode and Stochastic RSI indicators for many more crypto currency pairs besides BTCUSD.
NetfetMiningCompany
Jr. Member
*
Offline Offline

Activity: 313
Merit: 8


View Profile
May 23, 2018, 12:56:04 AM
 #586

The answer to this issue seems to lie within changing algorithms like x16r.

                          veil                            /////  PRIVACY WITHOUT COMPROMISE.  /////
https://veil-project.com/
Longsnowsm
Hero Member
*****
Offline Offline

Activity: 868
Merit: 517


View Profile
May 23, 2018, 01:02:01 AM
 #587

Ok, I rarely stoop to having to hit ignore on the forum, but I think it is time...  I just hope some people don't "stoke out" when the ASIC's start shipping...
dmwardjr
Legendary
*
Offline Offline

Activity: 1428
Merit: 1134


Crypto Trading Technical Analyst


View Profile
May 23, 2018, 01:07:58 AM
 #588

The answer to this issue seems to lie within changing algorithms like x16r.

PROG Proof of Work:  https://www.youtube.com/watch?v=P6B-ZCyP6K8

Follow me on Trading View for excellent signals in Bitcoin/US dollar - Bitstamp - https://www.tradingview.com/u/WyckoffMode/.  Will be on a paid subscription website soon with trading signals and technical education using Wyckoff Method in conjunction with Godmode and Stochastic RSI indicators for many more crypto currency pairs besides BTCUSD.
dmwardjr
Legendary
*
Offline Offline

Activity: 1428
Merit: 1134


Crypto Trading Technical Analyst


View Profile
May 23, 2018, 01:12:28 AM
 #589

This thread seems to be an exposition of everyones deepest frustrations.


Why can't it be a means of educating one another?

You can bet the topic of ASIC Resistance will be one of the top discussions in this thread as the Z9 rolls out in the weeks and months to come.  Those who invested in the Z9 will be just as concerned about what developers of different Equihash coins do just as much as GPU miners.

Simply using this thread in the weeks and months to come in order for EVERYONE (pro ASIC and pro GPU) to DOCUMENT if the ASIC Z9 was a good thing for the community or a bad thing.

Follow me on Trading View for excellent signals in Bitcoin/US dollar - Bitstamp - https://www.tradingview.com/u/WyckoffMode/.  Will be on a paid subscription website soon with trading signals and technical education using Wyckoff Method in conjunction with Godmode and Stochastic RSI indicators for many more crypto currency pairs besides BTCUSD.
TGJ
Jr. Member
*
Offline Offline

Activity: 118
Merit: 3


View Profile
May 23, 2018, 01:16:44 AM
 #590

Dude you said your piece no need to keep repeating yourself.
dmwardjr
Legendary
*
Offline Offline

Activity: 1428
Merit: 1134


Crypto Trading Technical Analyst


View Profile
May 23, 2018, 01:17:36 AM
 #591

Dude you said your piece no need to keep repeating yourself.

You'll be alright...  I'll keep talking... in the weeks and months to come.

Follow me on Trading View for excellent signals in Bitcoin/US dollar - Bitstamp - https://www.tradingview.com/u/WyckoffMode/.  Will be on a paid subscription website soon with trading signals and technical education using Wyckoff Method in conjunction with Godmode and Stochastic RSI indicators for many more crypto currency pairs besides BTCUSD.
Longsnowsm
Hero Member
*****
Offline Offline

Activity: 868
Merit: 517


View Profile
May 23, 2018, 01:25:13 AM
 #592

Dude you said your piece no need to keep repeating yourself.

That is where the ignore link under the user comes in handy.
dmwardjr
Legendary
*
Offline Offline

Activity: 1428
Merit: 1134


Crypto Trading Technical Analyst


View Profile
May 23, 2018, 01:26:37 AM
 #593

Dude you said your piece no need to keep repeating yourself.

That is where the ignore link under the user comes in handy.

Goes both ways.  Those with an open "unbiased" mind who's willing to hold a civil discussion and LEARN will not be so inclined to "ignore."   Grin

Also, we're both responding to ANOTHER "NEW" account that's "possibly" a BITMAIN proxy account.

Follow me on Trading View for excellent signals in Bitcoin/US dollar - Bitstamp - https://www.tradingview.com/u/WyckoffMode/.  Will be on a paid subscription website soon with trading signals and technical education using Wyckoff Method in conjunction with Godmode and Stochastic RSI indicators for many more crypto currency pairs besides BTCUSD.
NetfetMiningCompany
Jr. Member
*
Offline Offline

Activity: 313
Merit: 8


View Profile
May 23, 2018, 09:43:40 AM
 #594

lol...He's still at it eh?  Kiss Kiss Kiss Kiss Kiss

                          veil                            /////  PRIVACY WITHOUT COMPROMISE.  /////
https://veil-project.com/
piratek
Member
**
Offline Offline

Activity: 71
Merit: 10


View Profile
May 23, 2018, 02:52:35 PM
 #595

Man the ASIC hate here! ASICs and FPGAs are the wave of the future.  So get ready to sell your GPUs back to the gamers, that's what they were made for.  ASICs are made for mining.

So quit crying.
crairezx20
Legendary
*
Offline Offline

Activity: 1638
Merit: 1046



View Profile
May 23, 2018, 03:04:33 PM
 #596

That's why the price of zcash couldn't increase much because of releasing z9 asic miner for equihash.

Why would we sell GPU? We can be still mined with other algo's and altcoins just find what coin will be worth it in the future to make a good profit.
madmartyk
Legendary
*
Offline Offline

Activity: 1974
Merit: 1013


Yes I am a pirate, 300 years too late!


View Profile
May 23, 2018, 03:19:34 PM
 #597

That's why the price of zcash couldn't increase much because of releasing z9 asic miner for equihash.

Why would we sell GPU? We can be still mined with other algo's and altcoins just find what coin will be worth it in the future to make a good profit.

Until ASICs and FPGAs come out for those.  Baikal is already releasing new machines with more algos (even through they are not really ASICs)  Another ASIC resistant algo becomes very profitable, you will soon see ASICs sniffing around.

piratek
Member
**
Offline Offline

Activity: 71
Merit: 10


View Profile
May 23, 2018, 03:28:28 PM
 #598

Baikal already has machines for Cryptonight/Cryptonight-lite, Blake256R14/Blake256R8/Blake2B/Lbry/Pascal, X11/Quark/Quibt/Myriad-Groestl/Nist5/Skein/X11Gost.  They are also promising that more algos will be added later.  You don't think they can produce a machine that can outdo your GPUs.  Give it time, there will be no where to run and hide.
QuintLeo
Legendary
*
Offline Offline

Activity: 1470
Merit: 1025


View Profile
May 23, 2018, 05:41:51 PM
 #599

That's why the price of zcash couldn't increase much because of releasing z9 asic miner for equihash.


The miners used on a coin do NOT dictate the price of a coin.



I'm no longer legendary just in my own mind!
Like something I said? Donations gratefully accepted. LYLnTKvLefz9izJFUvEGQEZzSkz34b3N6U (Litecoin)
1GYbjMTPdCuV7dci3iCUiaRrcNuaiQrVYY (Bitcoin)
Ruhtilg
Full Member
***
Offline Offline

Activity: 151
Merit: 100


View Profile
May 23, 2018, 07:27:35 PM
 #600

Baikal already has machines for Cryptonight/Cryptonight-lite, Blake256R14/Blake256R8/Blake2B/Lbry/Pascal, X11/Quark/Quibt/Myriad-Groestl/Nist5/Skein/X11Gost.  They are also promising that more algos will be added later.  You don't think they can produce a machine that can outdo your GPUs.  Give it time, there will be no where to run and hide.

If the PoW algorithm is changed every 3-6 months, it cannot keep up with.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 [30] 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 ... 100 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!