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Author Topic: Bitmain Is Now Mining (BTM), over 50% of hashrate, new undisclosed ASIC  (Read 436 times)
BitcoinRefiner
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March 07, 2019, 10:26:52 AM
 #1

I keep a close eye on Bitmain's hashrates and I had noticed a new algo pop up.

This is Tensority, which I believe is the Algo for BTM. They are currently running at 0.09GH/s which if I'm correct is approximately 55% of the coin's total hashrate.

Bitmain disclosed on the 5th of March 2019 that their hashrates on that date are as follows:

SHA256            ETHASH             CRYPTONIGHT      SCRYPT           BLAKE256      TENSORITY
1692.35PH/s   154.52GH/s      1864.75MH/s    1686.93GH/s   69.03PH/s       0.09GH/s

I was interested as I'd heard Bitmain mention nothing of these ASICS, nor have I seen a tensority ASIC from another manufacturer.

I also am surprised that Bitmain is running over half of the hashrate themselves and that they have chosen this Algo.

https://crypt0.zone/calculator/details/BTM
https://crypt0.zone/coins/tensority

I'd estimate they are making almost $300,000 per month mining BTM.

Have I missed anything here?

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WelcomeHomeCrypto
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March 07, 2019, 10:56:48 AM
 #2

Bitmain Antminer B7, 96 KH/s ASIC, they currently sell it only on their Chinese website... after probably "testing" the new devices for a while in their farms.
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March 07, 2019, 11:11:03 AM
 #3

Thank you, I hadn't seen the B7. You're almost certainly correct!

https://www.asicminervalue.com/miners/bitmain/antminer-b7-96kh
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March 07, 2019, 11:55:56 AM
 #4

Bitmain Antminer B7, 96 KH/s ASIC, they currently sell it only on their Chinese website... after probably "testing" the new devices for a while in their farms.
Yeah, they are "testing" their hardwares to get as much profit as possible and when they mine enough for them, then announce that they are releasing these asic miners, already tested (in reality very used). It is their politics and everyone knows it well.
But OP, as I see, according to https://miningpoolstats.stream/bytom <-- F2pool has over 50% hashrate, not Bitmain. Currently Bitmain (antpool) shares 23.3 % of Bytom network hashrate.

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March 07, 2019, 12:54:28 PM
 #5

Bitmain Antminer B7, 96 KH/s ASIC, they currently sell it only on their Chinese website... after probably "testing" the new devices for a while in their farms.
Yeah, they are "testing" their hardwares to get as much profit as possible and when they mine enough for them, then announce that they are releasing these asic miners, already tested (in reality very used). It is their politics and everyone knows it well.
But OP, as I see, according to https://miningpoolstats.stream/bytom <-- F2pool has over 50% hashrate, not Bitmain. Currently Bitmain (antpool) shares 23.3 % of Bytom network hashrate.

You know that F2pool is a part from bitmain?

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March 07, 2019, 01:54:44 PM
 #6

Bitmain Antminer B7, 96 KH/s ASIC, they currently sell it only on their Chinese website... after probably "testing" the new devices for a while in their farms.
Yeah, they are "testing" their hardwares to get as much profit as possible and when they mine enough for them, then announce that they are releasing these asic miners, already tested (in reality very used). It is their politics and everyone knows it well.
But OP, as I see, according to https://miningpoolstats.stream/bytom <-- F2pool has over 50% hashrate, not Bitmain. Currently Bitmain (antpool) shares 23.3 % of Bytom network hashrate.

Thank you for the link, Bitmain state (5th March) they operate at 90MH/s
https://blog.bitmain.com/en/hashrate-disclosure/

I also find conflicting reports for BTM hashrate, the link you kindly provided states that network hashrate is 88MH/s.

This site here reports latest hashrate for BTM to be almost double that at 164MH/s.
https://crypt0.zone/calculator/details/BTM

Always struggling to know which data to trust...

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March 07, 2019, 05:13:19 PM
 #7

I love how people just constantly ascribe bad intentions to NORMAL HARDWARE TESTS.

Of course they are going to test the hardware before selling it to a mass market. There are under no obligation to tell us what they mine, no more than you are obligated to tell me. They choose to publicly release the numbers, they are not hiding it. Also, bitmain has a known working relationship with the Bytom team and developed the first ASIC in concert with them so its a no brainer they would be supporting the network itself.
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March 07, 2019, 11:52:40 PM
 #8

The b7 is an updated b3. The b3 was a disgrace, a very slow "asic" (1kh) that a 1080 could compete with. If bitmain eventually sell the the b7 they should offer some discount for all the b3 buyers from years back. We can only dream.

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March 08, 2019, 02:13:14 AM
 #9

Another GPU mineable (and profitable) token out of game  Cry
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March 08, 2019, 03:13:22 AM
 #10

I love how people just constantly ascribe bad intentions to NORMAL HARDWARE TESTS.
I don't know why people think that using the hardware for more than a week/month until it's shipping day is normal hardware tests.

At the same time, that "hardware test" already "killed" the majority of the GPU miners of that particular coin.
Talk about greed.

Another GPU mineable (and profitable) token out of game  Cry
It's not totally a token (Ethereum contract), it's a coin (has its own blockchain).

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March 08, 2019, 05:22:42 AM
 #11

Once again bitmain clearly shows that they will asic attack any and every gpu coin they can.

By now gpu miners must understand this.

So they need to decide will they support an algo that will be crushed by an asic.

There are very few algos that can resist asics. I have moved on from most of my gpu mining.

I mine ltc and btc cause they have a shit ton of asic hash.

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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March 08, 2019, 05:36:24 AM
 #12

Bitman is chinese and china capitalism is worse than any other country to date in this planet. They only care about money, they are here for the money. Do not believe their disclosed hashrates they post, is a lot more than that, many times more.

BTC Address: 1DH4ok85VdFAe47fSVXNVctxkFhUv4ujbR
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March 08, 2019, 06:12:41 AM
 #13

Another GPU mineable (and profitable) token out of game  Cry

bytom was surpose to be an asic only coin but gpus attacked bytom and made those early asics obsolete. 
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March 08, 2019, 06:16:08 AM
 #14

bytom was surpose to be an asic only coin but gpus attacked bytom and made those early asics obsolete.  

early weak asics bitmain shipped to their customers ehhe, the real powerful bytom asics are used for mining up to this day at bitmains warehouse hehe, f3 for eth is one of them, 10 times more powerful than the e3. Powerful asics are never shipped to customers, all in house.

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March 09, 2019, 03:53:59 AM
 #15

-snip-
bytom was surpose to be an asic only coin but gpus attacked bytom and made those early asics obsolete.  
I think I found out why is was advertised as an ASIC-only coin: Google search-> Bytom partnered with Bitmain.

Uh, in that case, GPU miners are the "bad guys" in Bytom and Bitmain's eyes.
GPU miners totally wrecked the partner in crime's scamplan Cheesy

Disclaimer: there are no strong evidence that Bitmain is secretly mining coin using their unreleased powerful ASICs.

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