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Author Topic: 1.4G - 1000w - ASIC (Ethash)  (Read 435 times)
FloppyPurpleGherkin
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September 14, 2018, 07:34:15 AM
 #1

https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FcMueBkA.jpg&t=592&c=Vzo9oPl-uOLvJw

Fake? I hope  Undecided
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September 14, 2018, 08:29:43 AM
 #2

 Cheesy and another panic guy XD

Sell your coins, rigs and become a gardener  Roll Eyes
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September 14, 2018, 10:49:30 AM
 #3

Delivery: april 2019 Smiley after they farm 6+ months for themselves and screw the value and difficulty, they hope someone still buys that?
Poor saps.. and yes you can blame it all on ASICS, reason mining is dead.
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September 14, 2018, 01:42:55 PM
 #4

if that real we must sell our rigs immaditly

this asic will kill our gpus and our gpus price will go under the ground

i thing this ASIC is fake

i hope that  Cry

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September 14, 2018, 01:52:10 PM
 #5

Its  not fake at all Sad

"Chen Min, the former chief chip maker at bitcoin mining chip developer Canaan Creative, launched a new venture to build cryptocurrency mining devices called Linzhi. The firm's first project tackles the ethhash algorithm used by ethereum and ethereum classic, with a new line of application-specific integrated circuits (ASICs) miners set to be released sometime next year.

Dubbed Project Lavasnow, Linzhi's new ethereum miner claims to use 1/8th the amount of electricity as Bitmain's ethash miners, according to a presentation Chen developed for the Ethereum Classic Summit held this week. It also expects to run 1,400 million hashes per second, compared to 190 from one of Bitmain's AntMiners.

Original article HERE

or just use this link for a google search Wink

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September 14, 2018, 03:38:12 PM
 #6

Vitalik promised us the change  algorithm in 2019 to the POS. (although I've heard it for 3 years already  Grin)

Bitmine is a world leader, they can easily make equipment faster, better and cheaper and start selling it in early 2019.

I very much doubt the demand for this equipment in mid-2019.

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jmigdlc99
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September 14, 2018, 04:09:24 PM
 #7

Fake? I hope  Undecided

DELIVERY DATE: APRIL 2019.

Hehe. Good luck pre-ordering with that much lead time! Who knows if Ethereum will even be mineable at that point in time. There is simply too much uncertainty with that kind of investment that i'd say it's even worse than gambling.

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September 14, 2018, 04:36:38 PM
 #8

DELIVERY DATE: APRIL 2019.
Who knows if Ethereum will even be mineable at that point in time.
I try to think positively:
I hope ETH is still POW forever (it's just a joke)
I hope the ETH price will return to the planet Mars (everyone's hope)
I am worried if ETH switches POS before APRIL 2019 (ignore this)
GPUs never dies (hope of all GPU miners)

And this's the point for those who want to start mining (2018: year of disaster)
There is simply too much uncertainty with that kind of investment that i'd say it's even worse than gambling.

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Marvell2
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September 14, 2018, 05:56:44 PM
 #9

Fake? I hope  Undecided

DELIVERY DATE: APRIL 2019.

Hehe. Good luck pre-ordering with that much lead time! Who knows if Ethereum will even be mineable at that point in time. There is simply too much uncertainty with that kind of investment that i'd say it's even worse than gambling.

Thats the date they deliver to the masses, they probably have samples right now and Ill mine from Jan 2019 to April 2019 to "test" the product

private pool discord
https://discord.gg/7VRe2aW
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September 14, 2018, 08:01:21 PM
 #10

Fake? I hope  Undecided

DELIVERY DATE: APRIL 2019.

Hehe. Good luck pre-ordering with that much lead time! Who knows if Ethereum will even be mineable at that point in time. There is simply too much uncertainty with that kind of investment that i'd say it's even worse than gambling.

Thats the date they deliver to the masses, they probably have samples right now and Ill mine from Jan 2019 to April 2019 to "test" the product
nowadays mainly only miming hardware manufacturers and hardware resellers earn money in crypto mining  sphere.
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September 14, 2018, 08:05:46 PM
 #11

mainly only will it benefit in 2019?
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September 15, 2018, 12:25:48 AM
 #12

 Grin thats fake I couldn't imagine that they can announce too early about new ASICminer for ethhash if it happens  eth mining is no longer profitable for GPU mining. I thought that eth is ASIC resistant but looks like they can easily make ASiC for Ethereum. The good alternative for now is to switch to shitcoin then hold and hoping for  huge price increase.

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September 15, 2018, 12:44:24 AM
 #13

They will take multiple orders for months and ETH will fork in feb 28

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
FloppyPurpleGherkin
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September 15, 2018, 12:59:23 AM
 #14

They will take multiple orders for months and ETH will fork in feb 28

feb 28? good for 9 years then lol.
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September 15, 2018, 02:30:28 AM
 #15

if its true will buy it, sell alt coin for new miner, have power hast and more low power consumtion, from where i can check thats asic?

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September 15, 2018, 03:26:25 AM
 #16

Well you trolls can always mine etc and other ethash coins with it as long as they dont fork to other algos. I myself would stay away from investing money in mining and especially ethash asic miner.

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September 15, 2018, 03:51:26 AM
 #17

They will take multiple orders for months and ETH will fork in feb 28

feb 28? good for 9 years then lol.

Worst is that even at 9 months, it would probably going bad

once forked happens, additional door stoppers will likely expected

Whatever price of these miners is, I would probably buy coins instead of machine on these days





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