jmigdlc99
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July 23, 2018, 02:29:53 AM |
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Not sure why no one here is talking about POS, if it comes in the next 6 months you won't make your money back.
You might be new so here is the quick answer: Because people have been talking about it for 3 years and it hasn't happened... Asic Manufacturers quit waiting around Been mining for about 2 years now and while it has been delayed for so many times, I feel like this time around POS seems more likely to happen. With all the developments and activity going on in the Ethereum github page, pretty soon all mining may come to an end. The E3 may probably be the last ASIC i buy. The 11 series GPUs may turn out to be a good investment if anything, for resale value.
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0xacBBa937A57ecE1298B5d350f40C0Eb16eC5fA4B
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clems
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Merit: 10
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July 23, 2018, 05:26:27 AM |
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Not sure why no one here is talking about POS, if it comes in the next 6 months you won't make your money back.
You might be new so here is the quick answer: Because people have been talking about it for 3 years and it hasn't happened... Asic Manufacturers quit waiting around Been mining for about 2 years now and while it has been delayed for so many times, I feel like this time around POS seems more likely to happen. With all the developments and activity going on in the Ethereum github page, pretty soon all mining may come to an end. The E3 may probably be the last ASIC i buy. The 11 series GPUs may turn out to be a good investment if anything, for resale value. Casper will not be launch before 2019 so POS....
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KougarLOB
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July 23, 2018, 07:30:06 AM |
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This new miner won't be for the small time miners. Knowing Innsilicon, they'll probably make MOQ about 100 units.
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1ER7JwEjpjQfm4qaTxy6EaNdNy8MqzP1pt
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d57heinz
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Bitcoin Talks Bullshit Walks
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July 23, 2018, 12:11:13 PM |
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This new miner won't be for the small time miners. Knowing Innsilicon, they'll probably make MOQ about 100 units.
When you increase the barrier for entry you block out someone that could have had the answer for all your problems. But I know those that have power like to stay in power whether or Not it’s good for the rest of us or not. Keep pushing out those that had heart for this into the hands of those that just want to see others suffer so that they can have a better life turns this whole project into nothing better than fiat. Except we now take money printing out of the hands of the federal reserve right back into the hands of more bad actors. Until we start as humans looking at the real root of the problem “money” then we are just going to keep playing this dance. I can’t wait for ai to be used for good. Not for fucking ad revenue generators. Fuck my life. What are we doing people. Is this really the best we can do?
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As in nature, all is ebb and tide, all is wave motion, so it seems that in all branches of industry, alternating currents - electric wave motion - will have the sway. ~Nikola Tesla~
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philipma1957
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'The right to privacy matters'
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July 23, 2018, 12:33:45 PM |
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This new miner won't be for the small time miners. Knowing Innsilicon, they'll probably make MOQ about 100 units.
When you increase the barrier for entry you block out someone that could have had the answer for all your problems. But I know those that have power like to stay in power whether or Not it’s good for the rest of us or not. Keep pushing out those that had heart for this into the hands of those that just want to see others suffer so that they can have a better life turns this whole project into nothing better than fiat. Except we now take money printing out of the hands of the federal reserve right back into the hands of more bad actors. Until we start as humans looking at the real root of the problem “money” then we are just going to keep playing this dance. I can’t wait for ai to be used for good. Not for fucking ad revenue generators. Fuck my life. What are we doing people. Is this really the best we can do? please never blame "money" always blame "the love of money" big difference
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Tailgunner
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July 23, 2018, 05:50:31 PM |
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Even if Ethereum does its big casper fork soon so what? There are plenty of other Ethash coins you can point your ASIC hardware towards instead. Hell, Ethereum isn't even the most profitable Ethash coin to mine right now. I just don't follow the logic that Ethereum's fork would immediately turn this thing into a door stopper.
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fanatic26_
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July 24, 2018, 03:39:41 PM |
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How do you people still not under stand the whole PoS thing? Even when it goes into production it will only be on a limited scale, its not like they are gonna flip a switch and turn off eth mining overnight. Do 10 minutes of research so you dont sound so dumb.
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d57heinz
Legendary
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Activity: 1453
Merit: 1011
Bitcoin Talks Bullshit Walks
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July 24, 2018, 06:22:20 PM |
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This new miner won't be for the small time miners. Knowing Innsilicon, they'll probably make MOQ about 100 units.
When you increase the barrier for entry you block out someone that could have had the answer for all your problems. But I know those that have power like to stay in power whether or Not it’s good for the rest of us or not. Keep pushing out those that had heart for this into the hands of those that just want to see others suffer so that they can have a better life turns this whole project into nothing better than fiat. Except we now take money printing out of the hands of the federal reserve right back into the hands of more bad actors. Until we start as humans looking at the real root of the problem “money” then we are just going to keep playing this dance. I can’t wait for ai to be used for good. Not for fucking ad revenue generators. Fuck my life. What are we doing people. Is this really the best we can do? please never blame "money" always blame "the love of money" big difference There is only one reason you “love” money. That’s because we are told too. It’s sensationalized day In day out on tv. Hell the rap industry is built around it. So it gets passed down from generation to gerarion. What we need to love is ourselves and our environment. Otherwise the rest won’t matter. BR
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As in nature, all is ebb and tide, all is wave motion, so it seems that in all branches of industry, alternating currents - electric wave motion - will have the sway. ~Nikola Tesla~
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dagarair
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July 24, 2018, 06:51:19 PM |
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This new miner won't be for the small time miners. Knowing Innsilicon, they'll probably make MOQ about 100 units.
When you increase the barrier for entry you block out someone that could have had the answer for all your problems. But I know those that have power like to stay in power whether or Not it’s good for the rest of us or not. Keep pushing out those that had heart for this into the hands of those that just want to see others suffer so that they can have a better life turns this whole project into nothing better than fiat. Except we now take money printing out of the hands of the federal reserve right back into the hands of more bad actors. Until we start as humans looking at the real root of the problem “money” then we are just going to keep playing this dance. I can’t wait for ai to be used for good. Not for fucking ad revenue generators. Fuck my life. What are we doing people. Is this really the best we can do? please never blame "money" always blame "the love of money" big difference There is only one reason you “love” money. That’s because we are told too. It’s sensationalized day In day out on tv. Hell the rap industry is built around it. So it gets passed down from generation to gerarion. What we need to love is ourselves and our environment. Otherwise the rest won’t matter. BR As we use shit tons of power to create these coins ROFL
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Privatoria
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July 26, 2018, 08:44:00 PM |
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As I see these miners have much better efficiency than GPU-mining. After massive production of these ASICs ETH mining difficulty will raise significantly that’s why POW mining will be changed to POS and these miners will be switched to other Ethash coins. POW mining slowly will die.
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Bob-Bit
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July 27, 2018, 04:41:38 AM |
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Jeez, why are Innosilicon always 3-4X the price? I could get behind 10-20% more based on them being great quality, but I had an A4 and it was good, but I wouldn't call the quality great. The hashrate would drop down to 1/3 what it should be then sometimes jump up to 4x what it was supposed to be rated for. On average it would come out to what it was supposed to, but it was constantly changing hashrate and fan speed, drastically. Also the power usage. Sometimes it would draw so much it would restart the power supply (1200w EVGA platinum) or flip the breaker. It did hash away for a long time, so I can't complain too much don't get me wrong, but it doesn't make me want to spend 3-4X the price.
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★ PRiVCY ➢ Own Your Privacy! ➢ Best privacy crypto-market! ★ ✈✈✈[PoW/PoS]✅[Tor]✅✈✈✈ (https://privcy.eu/)
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thuesdayb
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July 27, 2018, 10:11:21 AM |
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this hashrate and power consumption seems amazing... I dont belive
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FFI2013
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July 27, 2018, 10:30:05 AM |
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All these asics are going to crank up the difficulty until ETH mining is sitting at the bottom of the charts than everyone who spent money on these asics will cry well stop supporting asics manufactures
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heavyarms1912
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July 27, 2018, 09:01:25 PM |
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All these asics are going to crank up the difficulty until ETH mining is sitting at the bottom of the charts than everyone who spent money on these asics will cry well stop supporting asics manufactures
easy lure for newbies and early birds do get some ROI+profit quickly but that's about it. Real winners are the mfg.
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Sandro410
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August 01, 2018, 10:42:20 AM |
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So when will we be able to order the A10 from the official innosilicon site? does anybody have this information?
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varusisog
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August 01, 2018, 11:20:53 AM |
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3250€ without VAT fot the basic version. Close to 4000€ with shipping and VAT. Cheaper to get 12 RX580 + mobo + CPU and RAM. Interesting for those paying a hi electricity cost.
I think it is much more efficient than RX580.
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d57heinz
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Bitcoin Talks Bullshit Walks
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August 01, 2018, 11:24:44 AM |
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All these asics are going to crank up the difficulty until ETH mining is sitting at the bottom of the charts than everyone who spent money on these asics will cry well stop supporting asics manufactures
Isn’t gonna happen. Did you just see the report coming from bitmain. 1billion$ profit for first quarter. They are now beholding to investors to keep up profits or they suffer the same demise as all other pump and dump companies. Someone knows something we don’t. Or we can’t foresee. I see bitmain taking over crypto. I guess others think yayyy great for decentralization keep pumping out toaster. I did just see a report we had the hottest recorded month long temp ever recorded on earth. I think bitmain can do better. Maybe we can push for the hottest year. Keep it up!!! Also I would love to see the profit reports of the other asic manufacturers. It would show just how centralized this really is BR
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As in nature, all is ebb and tide, all is wave motion, so it seems that in all branches of industry, alternating currents - electric wave motion - will have the sway. ~Nikola Tesla~
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vincl
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August 01, 2018, 11:58:11 AM |
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So when will we be able to order the A10 from the official innosilicon site? does anybody have this information?
no. just check their twitter and website regularly for new infos...
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rockmoney
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All these asics are going to crank up the difficulty until ETH mining is sitting at the bottom of the charts than everyone who spent money on these asics will cry well stop supporting asics manufactures
As many others have been saying throughout this thread - PoS (Proof of Stake) is coming! I realize the Ethereum team is WAY behind schedule when it comes to implementing any type of PoS protocol, however, this is much more complicated than most people realize. Regardless, the PoS implementation will happen slowly over time, and PoW will not just be suddenly switched off one day. In Vitalik’s Casper the Friendly Finality Gadget (FFG) project, PoS implementation would be slowly transitioned into Ethereum mining over time, while reducing PoW mining rewards until they ultimately reach zero. To keep on topic, PoW Ethereum mining is not going away anytime soon in my opinion. I was lucky to have had the opportunity to purchase the first batch Antminer E3 for $800 USD some time ago, and although I don't care for the manufacturer, I have been happy with the product and results. Compared to my six 8GB NVIDIA GeForce 1070Ti GPU rigs, the Antminer E3 is currently the much less expensive and overall better choice to mine Ethereum (although the resale value will ultimately diminish, the ROI time is ~5-6 times less). I am in favor of GPU/CPU mining vs ASIC mining, but the opportunity to purchase ~190 MH/s of stable Ethereum mining that uses ~800 Watts of power for $800 USD is a very sharp double edged sword! Although very limited and not at all versatile when compared to the mineable asset options of a GPU, these ASIC miners can mine other assets as well. In summary, building a huge Ethereum ASIC mining farm is certainly not the best idea for most, purchasing a few of these miners might not be such a bad idea for some..
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Bob-Bit
Jr. Member
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August 15, 2018, 03:13:48 AM |
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All these asics are going to crank up the difficulty until ETH mining is sitting at the bottom of the charts than everyone who spent money on these asics will cry well stop supporting asics manufactures
As many others have been saying throughout this thread - PoS (Proof of Stake) is coming! I realize the Ethereum team is WAY behind schedule when it comes to implementing any type of PoS protocol, however, this is much more complicated than most people realize. Regardless, the PoS implementation will happen slowly over time, and PoW will not just be suddenly switched off one day. In Vitalik’s Casper the Friendly Finality Gadget (FFG) project, PoS implementation would be slowly transitioned into Ethereum mining over time, while reducing PoW mining rewards until they ultimately reach zero. To keep on topic, PoW Ethereum mining is not going away anytime soon in my opinion. I was lucky to have had the opportunity to purchase the first batch Antminer E3 for $800 USD some time ago, and although I don't care for the manufacturer, I have been happy with the product and results. Compared to my six 8GB NVIDIA GeForce 1070Ti GPU rigs, the Antminer E3 is currently the much less expensive and overall better choice to mine Ethereum (although the resale value will ultimately diminish, the ROI time is ~5-6 times less). I am in favor of GPU/CPU mining vs ASIC mining, but the opportunity to purchase ~190 MH/s of stable Ethereum mining that uses ~800 Watts of power for $800 USD is a very sharp double edged sword! Although very limited and not at all versatile when compared to the mineable asset options of a GPU, these ASIC miners can mine other assets as well. In summary, building a huge Ethereum ASIC mining farm is certainly not the best idea for most, purchasing a few of these miners might not be such a bad idea for some.. Yeah, I agree, POS will be the way of the future, BUT, we are in the present right now, not the future, so what I try to do is pick hybrid coins with both POW, and POS, that way as the difficulty gets higher and the electric costs begin to approach the proceeds from mining, the staking rewards come in and start to offset the diminishing mining rewards. Of course sometimes it's a better deal to mine some other non-POS coin and sell them to buy the one you really want, but as far as HODL coins, POS is the winner. (With some obvious exceptions) So far so good anyways.
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★ PRiVCY ➢ Own Your Privacy! ➢ Best privacy crypto-market! ★ ✈✈✈[PoW/PoS]✅[Tor]✅✈✈✈ (https://privcy.eu/)
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