who bought bitmain Z9 will face a big issues now

[cryptomined]

watch this

https://i9.ytimg.com/vi/oPdnG03eI58/default.jpg?v=5aedcccb&sqp=CJDbydcF&rs=AOn4CLBCQgNmgaNv4wmFh35H5yTst_r5Bg[/img]]https://www.youtube.com/dashboard?o=U


https://www.youtube.com/dashboard?o=U

and then take part in this poll

https://bitcointalk.org/index.php?topic=3668441

I appreciate your efforts and already voted and commented

Thanks rdluffy

[1715177282]

1715177282

[1715177282]

1715177282

[1715177282]

1715177282

[Ursul0]

BTCP (Bitcoin Private) Currently Rank #45 announced to fight the new Bitmain Equihash Miner!

https://twitter.com/bitcoinprivate/status/993509511364317190

Another good news, congratulations BTCP team

congratulations for what?

They are pitting GPU miners against Asic miners, in reality we should all be one community.

bitcoin private wont be in my portfolio.

Why do people to refuse to adopt better technologies?  i'll never get it, only reason I see is people with money dumped into GPU's recently.

I'm tired of trying to explain, but let's go:

Devs wrote their whitepappers saying that they will be asic resistant, asic proof, they would change algo if needs

Bitmain and ALL Asics producers mined MONERO and dumped Asics to idiots because they knew of Monero FORK, look the hashrate of MONERO, it's disgusting this kind of behavior

They tried to sell used Asics as new

GPUs have 2 or 3 year warranty - Asics 180 days without refund

Not everyone can buy Asics, GPUs are easy to find and buy, everyone can join and make decentralization possible

Soon there will be only big farms with Asics, in a few hands

People like to say it's more efficient and will save energy, but remember Asics only mine one algo and when it's not profitable become a doorstep, GPUs when it's not profitable can be a part of PC gaming, office PC, and a lot of other uses

All stated above are FACTS.

I appreciate the reply and effort but that doesn't change the evolution of technology.  

Roadmaps change.

If you want to blame someone, blame Bitmain, not ASIC's themselves.    Also you need to provide proof that bitmain mined monero or sold used Asic's before saying what people "think".

More ASIC manufacturers would be helpful.    You're also talking about the current state of ASIC's, not future, you can already see the potential in efficiency.

If you can afford a GPU mining rig, you can afford an ASIC.   Unless you're mining with 1 card.

I get it, but you guys really just don't seem to have any open mindedness toward making mining more efficient and secure.

What would Bitmain have to do to make you happy?  Or would the addition of say a dozen other ASIC manufacturers help?

I would like to see more ideas vs everyone just bashing each other and getting pissed so that both "groups" can benefit from the time and money they've put towards a project.

Either way, good luck to Z9 purchasers and GPU owners going forward.    

Hey, are you kidding?
Look at hashrate of monero, seriously, if you just spend 1 minute on Google you will find the proof you need
When monero forked the hashrate and difficulty lowered A LOT, Asics were kicked out

So, it`s hard to explain when people choose not to see, like you.

I'm not choosing not to see.  

I'm asking if you can prove in a court of law that Bitmain mined with those machines.

My answer is 99.9% no.   Yet people continue to insist that they did, maybe so, I can't prove it, and neither can you.

[cod3gen]

Thats not Bitmain`s work, Bitmain was not fast enough this time. That hashrate is all Baikal`s work, they have been using(and producing) their machines since december and sold them once information about Monero`s fork became available.

[cryptotore]

Don't worry guys, you wont be using your GPU's for mining much longer anyway.

I'm going all in as a supplier in the sonm.io network. Livenet launches in june, but only with crypto mining IaaS to begin with.
IaaS crypto mining is basically automated mining with profit switching, aka a contract that will be generated to mine the most profitable coin when your rig is idle/has no other contracts/deals.

Later on customers will be able to rent your GPU/CPU/HDD or internet bandwidth as well. Your rig(s) will always sell to the highest bidder, which means profit will always match or be better than regular GPU mining.

[nsummy]

Thats not Bitmain`s work, Bitmain was not fast enough this time. That hashrate is all Baikal`s work, they have been using(and producing) their machines since december and sold them once information about Monero`s fork became available.

Yah I think 3 or 4 companies have came out with Cryptonight asic miners.  The ironic thing is that these forks will actually drive companies like bitmain to make the miners and never sell them to the public, thus causing real centralization.  Most of the people who complain are those who spent a lot on GPUs and refuse to adapt to the future.

[whoismoses]

The ironic thing is that these forks will actually drive companies like bitmain to make the miners and never sell them to the public, thus causing real centralization.  Most of the people who complain are those who spent a lot on GPUs and refuse to adapt to the future.

Bingo! You speak the truth brother.

[JaredKaragen]

The ironic thing is that these forks will actually drive companies like bitmain to make the miners and never sell them to the public, thus causing real centralization.  Most of the people who complain are those who spent a lot on GPUs and refuse to adapt to the future.

Bingo! You speak the truth brother.

here's the rub;  if the average joe miner wont make a profit;  it will be down to the major manufacturers only;  thus driving the value down.  IF they are the only ones mining and selling the vast majority;  well... they could hold out for an epic dump in the future... but I doubt companies like BMT can work in such a way.
notice how mineable coins always raise in value up until asics?  Theres a reason behind this.



Instead;  if they take their heads out of their asses, like SHA256 manufacturers behaved early on;  things would be more similar to the BTC side of things on the mining side with all the newer asics. If they operated in a  forsenCD (transparent) manner about their projects;  they would be trusted more and less of an overall problem.



Theres always room to argue more points further;  but this is the root of what I see that matters most out of the rest of the details.



Again to comment about my re-quote previously:

we need to change the meta.
purely calculating power was the meta in the past.    ASICS are best at calculating and you want to limit their effectiveness.

Don't focus on the calculation side.  focus on changing the meta surrounding the calcs so that the speed of the calculation itself, is less of a concern.

We can also do things like penalties in the blockchain code for 'n' blocks reported by single sources within 'x' time.

Whittle it down small enough, and you end up with only being able to mine a single GPU from a single wallet if you so desired.   Balance 'n' and 'x' based on the current hardware that is known to be available.


Such a simple and elegant solution to large hashrates.


Just think outside the box guys.

Change the meta.

[Marvell2]

Thats not Bitmain`s work, Bitmain was not fast enough this time. That hashrate is all Baikal`s work, they have been using(and producing) their machines since december and sold them once information about Monero`s fork became available.

Yah I think 3 or 4 companies have came out with Cryptonight asic miners.  The ironic thing is that these forks will actually drive companies like bitmain to make the miners and never sell them to the public, thus causing real centralization.  Most of the people who complain are those who spent a lot on GPUs and refuse to adapt to the future.

dumbass the monero fork is the only reason we know about these asics
we needed to flush them out idiot, now we know what the normal hash rate for monero should be around 500 gh
if we see big jumps in succession we will fork thier doorstops again rinse repeat until they stop makikg asics
for those resistant coins and make fpgas which cost way more and can never as powerful

the battle has been joined and we will not fold just watch

[philipma1957]

many frequent forks stop all asics dead.
hash growth limits stop super farms of gpus.

I figure 400,000,000 gpus are out there right now that can mine a coin at a profit.


if ½ are big player and ¼ are small players ¼ or 100,000,000 are tiny one or 2 card machines.  This is a board broad adoption base to be nurtured not killed off.  

If you don't believe this you are the type of person that will always be dissatisfied with life and generally always be somewhat annoyed and unhappy.

So anyone reading above and feeling pissed off  about that sentence I just wrote in bold  I am talking to you.
I know that sentence will anger quite a few people that want an asic takeover of all coins.

[Sandal_Hat]

many frequent forks stop all asics dead.
hash growth limits stop super farms of gpus.

I figure 400,000,000 gpus are out there right now that can mine a coin at a profit.


if ½ are big player and ¼ are small players ¼ or 100,000,000 are tiny one or 2 card machines.  This is a board broad adoption base to be nurtured not killed off.  

If you don't believe this you are the type of person that will always be dissatisfied with life and generally always be somewhat annoyed and unhappy.

So anyone reading above and feeling pissed off  about that sentence I just wrote in bold  I am talking to you.
I know that sentence will anger quite a few people that want an asic takeover of all coins.

My gut tells me asic manufacturers will come up with a cheap FPGA instead if this persist. GPU miners need to do some soundproofing and they can run asics actually.


Just my 2 cents.

[Marvell2]

many frequent forks stop all asics dead.
hash growth limits stop super farms of gpus.

I figure 400,000,000 gpus are out there right now that can mine a coin at a profit.


if ½ are big player and ¼ are small players ¼ or 100,000,000 are tiny one or 2 card machines.  This is a board broad adoption base to be nurtured not killed off.  

If you don't believe this you are the type of person that will always be dissatisfied with life and generally always be somewhat annoyed and unhappy.

So anyone reading above and feeling pissed off  about that sentence I just wrote in bold  I am talking to you.
I know that sentence will anger quite a few people that want an asic takeover of all coins.

My gut tells me asic manufacturers will come up with a cheap FPGA instead if this persist. GPU miners need to do some soundproofing and they can run asics actually.


Just my 2 cents.

they will bu fpga by design can never be as power as a dedicated asic chip designed for a single purpose
which in turn limits the hashrate they can muster by a large factor.   

Remeber fpgas needs alot of ram as welll as generic programable chips with multiple pathways

[philipma1957]

many frequent forks stop all asics dead.
hash growth limits stop super farms of gpus.

I figure 400,000,000 gpus are out there right now that can mine a coin at a profit.


if ½ are big player and ¼ are small players ¼ or 100,000,000 are tiny one or 2 card machines.  This is a board broad adoption base to be nurtured not killed off.  

If you don't believe this you are the type of person that will always be dissatisfied with life and generally always be somewhat annoyed and unhappy.

So anyone reading above and feeling pissed off  about that sentence I just wrote in bold  I am talking to you.
I know that sentence will anger quite a few people that want an asic takeover of all coins.

My gut tells me asic manufacturers will come up with a cheap FPGA instead if this persist. GPU miners need to do some soundproofing and they can run asics actually.


Just my 2 cents.

mining asics are not the issue...  have plenty of asics but none that will mine and kill off gpu algos

There is no way there will be 100,000,000  or more individual asic miners.
Since the chip can only mine.

You simply  refused to talk that you want to kill off 100,000,000 possible gpu miners and replace  100,000 or less asic miners.

You refuse to talk about 2017  the best year in cryptocoins history being driven by gpus,

And you don.t mention the loss of quality gpu warranty service being replaced by shit asic warranties

[Sandal_Hat]

many frequent forks stop all asics dead.
hash growth limits stop super farms of gpus.

I figure 400,000,000 gpus are out there right now that can mine a coin at a profit.


if ½ are big player and ¼ are small players ¼ or 100,000,000 are tiny one or 2 card machines.  This is a board broad adoption base to be nurtured not killed off.  

If you don't believe this you are the type of person that will always be dissatisfied with life and generally always be somewhat annoyed and unhappy.

So anyone reading above and feeling pissed off  about that sentence I just wrote in bold  I am talking to you.
I know that sentence will anger quite a few people that want an asic takeover of all coins.

My gut tells me asic manufacturers will come up with a cheap FPGA instead if this persist. GPU miners need to do some soundproofing and they can run asics actually.


Just my 2 cents.

they will bu fpga by design can never be as power as a dedicated asic chip designed for a single purpose
which in turn limits the hashrate they can muster by a large factor.   

Remeber fpgas needs alot of ram as welll as generic programable chips with multiple pathways

yes and there are asic manufacturers that I believe am able to do that. If forking continues, they may try this.

[Sandal_Hat]

many frequent forks stop all asics dead.
hash growth limits stop super farms of gpus.

I figure 400,000,000 gpus are out there right now that can mine a coin at a profit.


if ½ are big player and ¼ are small players ¼ or 100,000,000 are tiny one or 2 card machines.  This is a board broad adoption base to be nurtured not killed off.  

If you don't believe this you are the type of person that will always be dissatisfied with life and generally always be somewhat annoyed and unhappy.

So anyone reading above and feeling pissed off  about that sentence I just wrote in bold  I am talking to you.
I know that sentence will anger quite a few people that want an asic takeover of all coins.

My gut tells me asic manufacturers will come up with a cheap FPGA instead if this persist. GPU miners need to do some soundproofing and they can run asics actually.


Just my 2 cents.

mining asics are not the issue...  have plenty of asics but none that will mine and kill off gpu algos

There is no way there will be 100,000,000  or more individual asic miners.
Since the chip can only mine.

You simply  refused to talk that you want to kill off 100,000,000 possible gpu miners and replace  100,000 or less asic miners.

You refuse to talk about 2017  the best year in cryptocoins history being driven by gpus,

And you don.t mention the loss of quality gpu warranty service being replaced by shit asic warranties

I disagree. All they need is one programmable asic aka FPGA and gpu is dead. No more forking will occur because the FPGA will just program itself. When no more forks occur, new asics can be created to target individual algo. The FPGA is insurance in case algos fork. Another way is drop E3 price back to 800 USD. Gpu dies then lol.


I am not refusing anything. GPU mining may have surprisingly better than asics for 2017. But owning the coin wins all actually because difficulty climbs too much. U make more by owning the underlying gpu coin as well, in general.

The ball to destroy GPU is in asic manufacturers court. They want to or they dont want to only.

[philipma1957]

many frequent forks stop all asics dead.
hash growth limits stop super farms of gpus.

I figure 400,000,000 gpus are out there right now that can mine a coin at a profit.


if ½ are big player and ¼ are small players ¼ or 100,000,000 are tiny one or 2 card machines.  This is a board broad adoption base to be nurtured not killed off.  

If you don't believe this you are the type of person that will always be dissatisfied with life and generally always be somewhat annoyed and unhappy.

So anyone reading above and feeling pissed off  about that sentence I just wrote in bold  I am talking to you.
I know that sentence will anger quite a few people that want an asic takeover of all coins.

My gut tells me asic manufacturers will come up with a cheap FPGA instead if this persist. GPU miners need to do some soundproofing and they can run asics actually.


Just my 2 cents.

mining asics are not the issue...  have plenty of asics but none that will mine and kill off gpu algos

There is no way there will be 100,000,000  or more individual asic miners.
Since the chip can only mine.

You simply  refused to talk that you want to kill off 100,000,000 possible gpu miners and replace  100,000 or less asic miners.

You refuse to talk about 2017  the best year in cryptocoins history being driven by gpus,

And you don.t mention the loss of quality gpu warranty service being replaced by shit asic warranties

I disagree. All they need is one programmable asic aka FPGA and gpu is dead. No more forking will occur because the FPGA will just program itself. When no more forks occur, new asics can be created to target individual algo. The FPGA is insurance in case algos fork. Another way is drop E3 price back to 800 USD. Gpu dies then lol.


I am not refusing anything. GPU mining may have surprisingly better than asics for 2017. But owning the coin wins all actually because difficulty climbs too much. U make more by owning the underlying gpu coin as well, in general.

The ball to destroy GPU is in asic manufacturers court. They want to or they dont want to only.

Keep that thought.  BTW  I am now down to 16x 1080ti  and asic for LTC and BTC

It is not that asics can win or lose if mining becomes all asic  or asic + asic /fpga  this industry will eat its own self alive.

It needs the broad base of gpus in smaller setups.  As you still refuse to see that 100,000,000 small guys getting a piece of the pie is why 2017  was a record year.

Asics only or fpga/asics  will kill it.

And I can guarantee amd or nvidia backers will create a new way to earn  that shuts out asics and fpga miners.

They simply don't want to lose the sales.

I have a viable ideas that will stop any big miner.

Ie my new coin is nvidia gpu coin   you can only send 1 miner capped at say  650sols     or like 1x  1080ti

So the benefit of a 10000 sol asic  is worthless as it needs to clock to  650 sols.

the asic = worthless
the fpga = worthless.

in fact  a new coin  such as gpuZcash  can use  the asic al-gore-rythm of equihash  but on the blockchain  limit the block winners to 700 sols. of hash

so you 10000 sol asic has to downclock to 700 sols  not a brick  but fucked none the less.

btw at zcash founders  you could do this with zcash.  and it would work.  pools would need more servers  since more workers  would be used.

program your pos asics of fpga's then  just down clock them to 7 percent  

so the 10000 sols drops to 700 sols and it saves some watts   maybe you do 50- 100 watts, but it does not look that good anymore.


so asic resistance is easy.

Lets try again.  there are two fully mature asic al-gore-rhythms   scrypt and sha 256

some al-gore-rhythms  are taking on asics and resisting
some figure we should go asic.

I am fine with  this.


I am not fine with gpus  being fully knocked out of the game.

Here is why:

1 every year gpus sucked to mine since 2014   crypto-coins had bad times.  but when gpus were good to mine crypto-coins has good times.
2 only avalon has a long asic warranty
3 all gpus have at least a 1 year warranty.

[Agozyen]

Komodo uses Equihash...have they announced anything regarding these ASICs?  I've been GPU mining KMD for the past four months.  Might be time to switch.

Not switching as the bulk of the coins are mined through 5% apr and NNs.

This is good news.  It seems that the Komodo team knows what they are doing and the need to mitigate the threat that ASIC's pose to decentralization isn't an issue for them.  I hope that there are more coins like this.

[Sandal_Hat]

many frequent forks stop all asics dead.
hash growth limits stop super farms of gpus.

I figure 400,000,000 gpus are out there right now that can mine a coin at a profit.


if ½ are big player and ¼ are small players ¼ or 100,000,000 are tiny one or 2 card machines.  This is a board broad adoption base to be nurtured not killed off.  

If you don't believe this you are the type of person that will always be dissatisfied with life and generally always be somewhat annoyed and unhappy.

So anyone reading above and feeling pissed off  about that sentence I just wrote in bold  I am talking to you.
I know that sentence will anger quite a few people that want an asic takeover of all coins.

My gut tells me asic manufacturers will come up with a cheap FPGA instead if this persist. GPU miners need to do some soundproofing and they can run asics actually.


Just my 2 cents.

mining asics are not the issue...  have plenty of asics but none that will mine and kill off gpu algos

There is no way there will be 100,000,000  or more individual asic miners.
Since the chip can only mine.

You simply  refused to talk that you want to kill off 100,000,000 possible gpu miners and replace  100,000 or less asic miners.

You refuse to talk about 2017  the best year in cryptocoins history being driven by gpus,

And you don.t mention the loss of quality gpu warranty service being replaced by shit asic warranties

I disagree. All they need is one programmable asic aka FPGA and gpu is dead. No more forking will occur because the FPGA will just program itself. When no more forks occur, new asics can be created to target individual algo. The FPGA is insurance in case algos fork. Another way is drop E3 price back to 800 USD. Gpu dies then lol.


I am not refusing anything. GPU mining may have surprisingly better than asics for 2017. But owning the coin wins all actually because difficulty climbs too much. U make more by owning the underlying gpu coin as well, in general.

The ball to destroy GPU is in asic manufacturers court. They want to or they dont want to only.

Keep that thought.  BTW  I am now down to 16x 1080ti  and asic for LTC and BTC

It is not that asics can win or lose if mining becomes all asic  or asic + asic /fpga  this industry will eat its own self alive.

It needs the broad base of gpus in smaller setups.  As you still refuse to see that 100,000,000 small guys getting a piece of the pie is why 2017  was a record year.

Asics only or fpga/asics  will kill it.

And I can guarantee amd or nvidia backers will create a new way to earn  that shuts out asics and fpga miners.

They simply don't want to lose the sales.

I have a viable ideas that will stop any big miner.

Ie my new coin is nvidia gpu coin   you can only send 1 miner capped at say  650sols     or like 1x  1080ti

So the benefit of a 10000 sol asic  is worthless as it needs to clock to  650 sols.

the asic = worthless
the fpga = worthless.

in fact  a new coin  such as gpuZcash  can use  the asic al-gore-rythm of equihash  but on the blockchain  limit the block winners to 700 sols. of hash

so you 10000 sol asic has to downclock to 700 sols  not a brick  but fucked none the less.

btw at zcash founders  you could do this with zcash.  and it would work.  pools would need more servers  since more workers  would be used.

program your pos asics of fpga's then  just down clock them to 7 percent  

so the 10000 sols drops to 700 sols and it saves some watts   maybe you do 50- 100 watts, but it does not look that good anymore.


so asic resistance is easy.

Lets try again.  there are two fully mature asic al-gore-rhythms   scrypt and sha 256

some al-gore-rhythms  are taking on asics and resisting
some figure we should go asic.

I am fine with  this.


I am not fine with gpus  being fully knocked out of the game.

Here is why:

1 every year gpus sucked to mine since 2014   crypto-coins had bad times.  but when gpus were good to mine crypto-coins has good times.
2 only avalon has a long asic warranty
3 all gpus have at least a 1 year warranty.

i dont think asics only is wrong. Bitcoin, bch, litecoin, dash is asics only and it does fine. It didnt affect their coin negatively.

The main threat is the bitmain E3 can mine Eth and it can cost as little as 800 USD. If bitmain sold it at 800 USD. it is over gpu. Because eth is 60+ % of gpu mining. GPU being forced out of eth into other coins will kill gpu mining due to super high difficulty.

asic resistance and forking is always a gamble
SIA coin didnt fork. Etn has issues forking,etc.
Anyways, I suspect bitmain is too smart and will get fpga or something if this keeps up.
As for Nvidia, they are more interested in AI and datacenters, and self driving tech,etc.
They had so much time and cant come up with a better gpu miner. Bitmain and others have done so.

[adaseb]

many frequent forks stop all asics dead.
hash growth limits stop super farms of gpus.

I figure 400,000,000 gpus are out there right now that can mine a coin at a profit.


if ½ are big player and ¼ are small players ¼ or 100,000,000 are tiny one or 2 card machines.  This is a board broad adoption base to be nurtured not killed off.  

If you don't believe this you are the type of person that will always be dissatisfied with life and generally always be somewhat annoyed and unhappy.

So anyone reading above and feeling pissed off  about that sentence I just wrote in bold  I am talking to you.
I know that sentence will anger quite a few people that want an asic takeover of all coins.

My gut tells me asic manufacturers will come up with a cheap FPGA instead if this persist. GPU miners need to do some soundproofing and they can run asics actually.


Just my 2 cents.

mining asics are not the issue...  have plenty of asics but none that will mine and kill off gpu algos

There is no way there will be 100,000,000  or more individual asic miners.
Since the chip can only mine.

You simply  refused to talk that you want to kill off 100,000,000 possible gpu miners and replace  100,000 or less asic miners.

You refuse to talk about 2017  the best year in cryptocoins history being driven by gpus,

And you don.t mention the loss of quality gpu warranty service being replaced by shit asic warranties

I disagree. All they need is one programmable asic aka FPGA and gpu is dead. No more forking will occur because the FPGA will just program itself. When no more forks occur, new asics can be created to target individual algo. The FPGA is insurance in case algos fork. Another way is drop E3 price back to 800 USD. Gpu dies then lol.


I am not refusing anything. GPU mining may have surprisingly better than asics for 2017. But owning the coin wins all actually because difficulty climbs too much. U make more by owning the underlying gpu coin as well, in general.

The ball to destroy GPU is in asic manufacturers court. They want to or they dont want to only.

Keep that thought.  BTW  I am now down to 16x 1080ti  and asic for LTC and BTC

It is not that asics can win or lose if mining becomes all asic  or asic + asic /fpga  this industry will eat its own self alive.

It needs the broad base of gpus in smaller setups.  As you still refuse to see that 100,000,000 small guys getting a piece of the pie is why 2017  was a record year.

Asics only or fpga/asics  will kill it.

And I can guarantee amd or nvidia backers will create a new way to earn  that shuts out asics and fpga miners.

They simply don't want to lose the sales.

I have a viable ideas that will stop any big miner.

Ie my new coin is nvidia gpu coin   you can only send 1 miner capped at say  650sols     or like 1x  1080ti

So the benefit of a 10000 sol asic  is worthless as it needs to clock to  650 sols.

the asic = worthless
the fpga = worthless.

in fact  a new coin  such as gpuZcash  can use  the asic al-gore-rythm of equihash  but on the blockchain  limit the block winners to 700 sols. of hash

so you 10000 sol asic has to downclock to 700 sols  not a brick  but fucked none the less.

btw at zcash founders  you could do this with zcash.  and it would work.  pools would need more servers  since more workers  would be used.

program your pos asics of fpga's then  just down clock them to 7 percent  

so the 10000 sols drops to 700 sols and it saves some watts   maybe you do 50- 100 watts, but it does not look that good anymore.


so asic resistance is easy.

Lets try again.  there are two fully mature asic al-gore-rhythms   scrypt and sha 256

some al-gore-rhythms  are taking on asics and resisting
some figure we should go asic.

I am fine with  this.


I am not fine with gpus  being fully knocked out of the game.

Here is why:

1 every year gpus sucked to mine since 2014   crypto-coins had bad times.  but when gpus were good to mine crypto-coins has good times.
2 only avalon has a long asic warranty
3 all gpus have at least a 1 year warranty.

i dont think asics only is wrong. Bitcoin, bch, litecoin, dash is asics only and it does fine. It didnt affect their coin negatively.

The main threat is the bitmain E3 can mine Eth and it can cost as little as 800 USD. If bitmain sold it at 800 USD. it is over gpu. Because eth is 60+ % of gpu mining. GPU being forced out of eth into other coins will kill gpu mining due to super high difficulty.

asic resistance and forking is always a gamble
SIA coin didnt fork. Etn has issues forking,etc.
Anyways, I suspect bitmain is too smart and will get fpga or something if this keeps up.
As for Nvidia, they are more interested in AI and datacenters, and self driving tech,etc.
They had so much time and cant come up with a better gpu miner. Bitmain and others have done so.

The price is not $800 anymore. Last I checked it was like $2000.

Keep in mind this. If they were willing to sell at $800, imagine how cheap it was for them to produce them in the first place. Cost to manufacture was maybe $200-$400 or so.

Since it's so cheap and uses little power. They can have millions of them mining in some private farm somewhere.

[Sandal_Hat]

many frequent forks stop all asics dead.
hash growth limits stop super farms of gpus.

I figure 400,000,000 gpus are out there right now that can mine a coin at a profit.


if ½ are big player and ¼ are small players ¼ or 100,000,000 are tiny one or 2 card machines.  This is a board broad adoption base to be nurtured not killed off.  

If you don't believe this you are the type of person that will always be dissatisfied with life and generally always be somewhat annoyed and unhappy.

So anyone reading above and feeling pissed off  about that sentence I just wrote in bold  I am talking to you.
I know that sentence will anger quite a few people that want an asic takeover of all coins.

My gut tells me asic manufacturers will come up with a cheap FPGA instead if this persist. GPU miners need to do some soundproofing and they can run asics actually.


Just my 2 cents.

mining asics are not the issue...  have plenty of asics but none that will mine and kill off gpu algos

There is no way there will be 100,000,000  or more individual asic miners.
Since the chip can only mine.

You simply  refused to talk that you want to kill off 100,000,000 possible gpu miners and replace  100,000 or less asic miners.

You refuse to talk about 2017  the best year in cryptocoins history being driven by gpus,

And you don.t mention the loss of quality gpu warranty service being replaced by shit asic warranties

I disagree. All they need is one programmable asic aka FPGA and gpu is dead. No more forking will occur because the FPGA will just program itself. When no more forks occur, new asics can be created to target individual algo. The FPGA is insurance in case algos fork. Another way is drop E3 price back to 800 USD. Gpu dies then lol.


I am not refusing anything. GPU mining may have surprisingly better than asics for 2017. But owning the coin wins all actually because difficulty climbs too much. U make more by owning the underlying gpu coin as well, in general.

The ball to destroy GPU is in asic manufacturers court. They want to or they dont want to only.

Keep that thought.  BTW  I am now down to 16x 1080ti  and asic for LTC and BTC

It is not that asics can win or lose if mining becomes all asic  or asic + asic /fpga  this industry will eat its own self alive.

It needs the broad base of gpus in smaller setups.  As you still refuse to see that 100,000,000 small guys getting a piece of the pie is why 2017  was a record year.

Asics only or fpga/asics  will kill it.

And I can guarantee amd or nvidia backers will create a new way to earn  that shuts out asics and fpga miners.

They simply don't want to lose the sales.

I have a viable ideas that will stop any big miner.

Ie my new coin is nvidia gpu coin   you can only send 1 miner capped at say  650sols     or like 1x  1080ti

So the benefit of a 10000 sol asic  is worthless as it needs to clock to  650 sols.

the asic = worthless
the fpga = worthless.

in fact  a new coin  such as gpuZcash  can use  the asic al-gore-rythm of equihash  but on the blockchain  limit the block winners to 700 sols. of hash

so you 10000 sol asic has to downclock to 700 sols  not a brick  but fucked none the less.

btw at zcash founders  you could do this with zcash.  and it would work.  pools would need more servers  since more workers  would be used.

program your pos asics of fpga's then  just down clock them to 7 percent  

so the 10000 sols drops to 700 sols and it saves some watts   maybe you do 50- 100 watts, but it does not look that good anymore.


so asic resistance is easy.

Lets try again.  there are two fully mature asic al-gore-rhythms   scrypt and sha 256

some al-gore-rhythms  are taking on asics and resisting
some figure we should go asic.

I am fine with  this.


I am not fine with gpus  being fully knocked out of the game.

Here is why:

1 every year gpus sucked to mine since 2014   crypto-coins had bad times.  but when gpus were good to mine crypto-coins has good times.
2 only avalon has a long asic warranty
3 all gpus have at least a 1 year warranty.

i dont think asics only is wrong. Bitcoin, bch, litecoin, dash is asics only and it does fine. It didnt affect their coin negatively.

The main threat is the bitmain E3 can mine Eth and it can cost as little as 800 USD. If bitmain sold it at 800 USD. it is over gpu. Because eth is 60+ % of gpu mining. GPU being forced out of eth into other coins will kill gpu mining due to super high difficulty.

asic resistance and forking is always a gamble
SIA coin didnt fork. Etn has issues forking,etc.
Anyways, I suspect bitmain is too smart and will get fpga or something if this keeps up.
As for Nvidia, they are more interested in AI and datacenters, and self driving tech,etc.
They had so much time and cant come up with a better gpu miner. Bitmain and others have done so.

The price is not $800 anymore. Last I checked it was like $2000.

Keep in mind this. If they were willing to sell at $800, imagine how cheap it was for them to produce them in the first place. Cost to manufacture was maybe $200-$400 or so.

Since it's so cheap and uses little power. They can have millions of them mining in some private farm somewhere.

Exactly. They can sell it at 800 usd if they wanted to and there is profit built in it. They just decided not to. Look at how cheap L3+ once was, 450 USD. Last year it was as high as 2k usd. And usually around 1.3k-1.6k usd. They can possible sell E3 for 500-600 USD if they wanted to and skyrocket eth difficulty. But they are going for high margin profits on the E3 at the moment it seems.

[Mike011]

Don't worry guys, you wont be using your GPU's for mining much longer anyway.

I'm going all in as a supplier in the sonm.io network. Livenet launches in june, but only with crypto mining IaaS to begin with.
IaaS crypto mining is basically automated mining with profit switching, aka a contract that will be generated to mine the most profitable coin when your rig is idle/has no other contracts/deals.

Later on customers will be able to rent your GPU/CPU/HDD or internet bandwidth as well. Your rig(s) will always sell to the highest bidder, which means profit will always match or be better than regular GPU mining.

Honestly, i can`t wait for this to become a reality.