who bought bitmain Z9 will face a big issues now

[whitebrow]

Bitmain has been mining these for at least six months. So if you fork then they Asic the fork and once again get to benefit for 6 months or more. Until they release the z10 or whatever.

I can understand the hate maybe towards the s9 because of the power requirements but this is 300w.

So I don't get the hate. Either you are buying from Nvidia or you are buying from bitmain. What's the difference really. There are groups buying 1000+ GPU.

Imagine if no equihash coins forked. Are you telling me those same groups wouldn't be clamoring to buy as many z9 as possible?

Bitmain could easily dumpster any coin that planned a fork. Cool you forked but not before they mined half your coins. Obviously that's hyperbole.

Making these coins actually useful should be the ultimate goal.

Also, come on devs, looking at AMD and Nvidia sales reports should have been clue#1 where the increase in difficulty came from.

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[Marvell2]

Bitmain has been mining these for at least six months. So if you fork then they Asic the fork and once again get to benefit for 6 months or more. Until they release the z10 or whatever.

I can understand the hate maybe towards the s9 because of the power requirements but this is 300w.

So I don't get the hate. Either you are buying from Nvidia or you are buying from bitmain. What's the difference really. There are groups buying 1000+ GPU.

Imagine if no equihash coins forked. Are you telling me those same groups wouldn't be clamoring to buy as many z9 as possible?

Bitmain could easily dumpster any coin that planned a fork. Cool you forked but not before they mined half your coins. Obviously that's hyperbole.

Making these coins actually useful should be the ultimate goal.

Also, come on devs, looking at AMD and Nvidia sales reports should have been clue#1 where the increase in difficulty came from.

1 post , is this bitmain ceo?

[shanepottermi]

Bitmain has been mining these for at least six months. So if you fork then they Asic the fork and once again get to benefit for 6 months or more. Until they release the z10 or whatever.

I can understand the hate maybe towards the s9 because of the power requirements but this is 300w.

So I don't get the hate. Either you are buying from Nvidia or you are buying from bitmain. What's the difference really. There are groups buying 1000+ GPU.

Imagine if no equihash coins forked. Are you telling me those same groups wouldn't be clamoring to buy as many z9 as possible?

Bitmain could easily dumpster any coin that planned a fork. Cool you forked but not before they mined half your coins. Obviously that's hyperbole.

Making these coins actually useful should be the ultimate goal.

Also, come on devs, looking at AMD and Nvidia sales reports should have been clue#1 where the increase in difficulty came from.

1 post , is this bitmain ceo?

With Billions of dollars in excess capital i think its safe to say they likely have troll farms advocating for ASICs lol They'd be stupid not to but its annoying either way.

I don't see how Zcash don't fork.. they'll destroy their own user base and likely end up sued on multiple continents for lying to their users to get them to invest in their network then throwing them under the bus. The large Nvidia miners who invested in Nvidia rigs to mine Zcash because of what their company stated aren't going to just shrug their shoulders and move on.

[Kalyst69]

Bitmain has been mining these for at least six months. So if you fork then they Asic the fork and once again get to benefit for 6 months or more. Until they release the z10 or whatever.

I can understand the hate maybe towards the s9 because of the power requirements but this is 300w.

So I don't get the hate. Either you are buying from Nvidia or you are buying from bitmain. What's the difference really. There are groups buying 1000+ GPU.

Imagine if no equihash coins forked. Are you telling me those same groups wouldn't be clamoring to buy as many z9 as possible?

Bitmain could easily dumpster any coin that planned a fork. Cool you forked but not before they mined half your coins. Obviously that's hyperbole.

Making these coins actually useful should be the ultimate goal.

Also, come on devs, looking at AMD and Nvidia sales reports should have been clue#1 where the increase in difficulty came from.

1 post , is this bitmain ceo?

Maybe 1st post, but it's pretty smart post.
Everybody knows that Bitmain is mining Equihash since some months and coins decide to fork now It's just communication.
In any case, if ASIC will not kill GPU mining, FPGA will (and ETH POS too). Some companies are already working on large scale products ready to use.

[Max Likelihood]

Maybe it will spark some bright young mind to figure out how to unlock those mythical disabled CUDA cores on 1070s. We need  an "equilargement pill" or equihash equalizer tablet or something now to go with the ethlargement pill.

[Johnjay06]

If all of the big coins forked every 6 months, asic mining wouldn't be a problem

[DevelopmentBank]

Hopefully other larger Equihash coins follow suite and fork to disable these Bitmain ASICs.

My only worry is if the fork is done too early it could be useless? Hopefully the devs fork in June once they start shipping. If they fork before then Bitmain might be able to tweak the ASICs just enough to be able to mine the new forks.

[Marvell2]

Hopefully other larger Equihash coins follow suite and fork to disable these Bitmain ASICs.

My only worry is if the fork is done too early it could be useless? Hopefully the devs fork in June once they start shipping. If they fork before then Bitmain might be able to tweak the ASICs just enough to be able to mine the new forks.

I hope they fork sooner so we see how much of the eqihash hashrate was already asics

[DevelopmentBank]

Hopefully other larger Equihash coins follow suite and fork to disable these Bitmain ASICs.

My only worry is if the fork is done too early it could be useless? Hopefully the devs fork in June once they start shipping. If they fork before then Bitmain might be able to tweak the ASICs just enough to be able to mine the new forks.

I hope they fork sooner so we see how much of the eqihash hashrate was already asics

I feel you, but we probably don't need to see the decrease in hashrate to already know that Bitmain is already mining Equihash with ASICs.
I believe in delayed gratification and we will surely be better off in the long run if we fork later.

[Marvell2]

Hopefully other larger Equihash coins follow suite and fork to disable these Bitmain ASICs.

My only worry is if the fork is done too early it could be useless? Hopefully the devs fork in June once they start shipping. If they fork before then Bitmain might be able to tweak the ASICs just enough to be able to mine the new forks.

I hope they fork sooner so we see how much of the eqihash hashrate was already asics

I feel you, but we probably don't need to see the decrease in hashrate to already know that Bitmain is already mining Equihash with ASICs.
I believe in delayed gratification and we will surely be better off in the long run if we fork later.

true , but I bet it opens more eyes

[whitrzac]

Has there been an asic where batch 1 didn't pay itself off in a reasonable amount of time?

Even the D3s paid themselves off fairly quickly, just not batches 4-5-6...

[adaseb]

Unfortunately the miner revenue per day of these coins that will form, is irrevleant.

Most of the Equihash revenue comes from ZEC and most of the GPU mining revenue comes from ETH.

For GPU mining to stay alive and profitable, then these 2 coins need to stay ASIC free.

[Suslived]

Has there been an asic where batch 1 didn't pay itself off in a reasonable amount of time?

Even the D3s paid themselves off fairly quickly, just not batches 4-5-6...

Easy, just take a look at the Cryptonight ASICs. They in no way paid for themselves since the Monero team was quick to fork.

I hope you seriously don't encourage people to buy these ASICs. They are not what cryptocurrencies were invented for. ASICs turn crypto into a simplistic money making scam.

[whitrzac]

Has there been an asic where batch 1 didn't pay itself off in a reasonable amount of time?

Even the D3s paid themselves off fairly quickly, just not batches 4-5-6...

Easy, just take a look at the Cryptonight ASICs. They in no way paid for themselves since the Monero team was quick to fork.

I hope you seriously don't encourage people to buy these ASICs. They are not what cryptocurrencies were invented for. ASICs turn crypto into a simplistic money making scam.

Most cryptos are money making scams. 0 cares given as long as I make money.

[badger88]

Has there been an asic where batch 1 didn't pay itself off in a reasonable amount of time?

Even the D3s paid themselves off fairly quickly, just not batches 4-5-6...

Easy, just take a look at the Cryptonight ASICs. They in no way paid for themselves since the Monero team was quick to fork.

I hope you seriously don't encourage people to buy these ASICs. They are not what cryptocurrencies were invented for. ASICs turn crypto into a simplistic money making scam.

these asics are gonna be da bomb

so 2 of them will be like 40 1080 GPUs in one for 600W ?

good deal

 

[DevelopmentBank]

Has there been an asic where batch 1 didn't pay itself off in a reasonable amount of time?

Even the D3s paid themselves off fairly quickly, just not batches 4-5-6...

Easy, just take a look at the Cryptonight ASICs. They in no way paid for themselves since the Monero team was quick to fork.

I hope you seriously don't encourage people to buy these ASICs. They are not what cryptocurrencies were invented for. ASICs turn crypto into a simplistic money making scam.

Most cryptos are money making scams. 0 cares given as long as I make money.

Exactly. This is why people who haven't invested in crypto see us in a bad light. They say its a bubble and all that because what they see is companies like Bitmain or Coinbase or companies who only care about making a quick buck.

If we are able to suppress companies like these with more decentralized services we will soon see the true value of crypto.  

[whitebrow]

Has there been an asic where batch 1 didn't pay itself off in a reasonable amount of time?

Even the D3s paid themselves off fairly quickly, just not batches 4-5-6...

Easy, just take a look at the Cryptonight ASICs. They in no way paid for themselves since the Monero team was quick to fork.

I hope you seriously don't encourage people to buy these ASICs. They are not what cryptocurrencies were invented for. ASICs turn crypto into a simplistic money making scam.

Most cryptos are money making scams. 0 cares given as long as I make money.

Exactly. This is why people who haven't invested in crypto see us in a bad light. They say its a bubble and all that because what they see is companies like Bitmain or Coinbase or companies who only care about making a quick buck.

If we are able to suppress companies like these with more decentralized services we will soon see the true value of crypto.  

How is that different from GPUs and Nvidia. How is that different from one person buying 1000x 1080ti vs little timmy who can only buy 2.

Nvidia GPU are gaming focused and they dont want you to buy them for mining. Bitmains goal is the success and health of Cryptos.

If you don't buy a z9 then it's your fault. Do you think Rolfe with multiple antminer farms is going to fork ZenCash? Zooko was smart to premine and working with bitmain.

[crocozino]

that is great news indeed.
but I heard that ZEC will not change anything, the increasing diff will only helps to help to rise the value of the coin..
really tough choice here.. it may work .. but I guess the diff will be balanced, some gpu miners will leave mining ZEC while their leave will be compensated by arrived ASICs..

[CryptosMiningFR]

Didnt zcash dev already said that he doesnt care about  asics and that its to much hustle for him to do anything about it because he thinks thats the fight without chances to win Also add zencash on the list of coins that plan to fight asics,also anyone have idea how much % of all equihash hash zec takes?

It's easy to understand i think.

Zcash win 20% reward for each block, of course they don't care about ASIC or GPU, the most important for them it's MONEY, nothing more.
That's a pretext "fight without chances to win", Monero has proved they can fight for now against ASIC.

If it's really hard in the futur they can fork for a new algorithm like X16 or Lyra2z.

[Sandal_Hat]

It wont be that big an issue since there are other coins like ZEC. The question is how high will difficulty rise.


GPU will not survive going forward especially since asics keep winning more and more market share from GPU. They have already won the biggest algo, that is ethereum. That alone means GPU is the past. U should consider selling your GPUs.


Furthermore, there is a possibility that there are only so many crypto algos that they can fork into and soon, asics will be in all algos.
Developers will only be willing to fork so much until they eventually give up and there are only so many algos they can fork into. Once there are asics in each of them, it is game over for all these hard fork games.



Just my 2 cents and no I dont want a long argument