Reclaim3r (OP)
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July 29, 2014, 12:01:03 AM |
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So far, I've seen SHA256 and Scrypt ASIC'd. What's next? I know, it seems like a newbie question but I'm just curious
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xstr8guy
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July 29, 2014, 01:46:25 AM |
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Nothing. The other altcoin algorithms aren't worth the bother to develop an ASIC for them. I'm going to go out on a limb here but it appears that developing ASICs for Scrypt was a horrible idea and they will not have a profitable period in this next generation.
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jonnybravo0311
Legendary
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Activity: 1344
Merit: 1024
Mine at Jonny's Pool
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July 29, 2014, 02:03:08 AM |
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I won't go with "nothing". My answer is, "whatever is profitable enough to invest in ASIC design and development". So, if X11, or BobsMagicHashingFormula becomes the next big thing, then somebody will develop an ASIC for it. If there's money to be made, somebody's going to make it .
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Jonny's Pool - Mine with us and help us grow! Support a pool that supports Bitcoin, not a hardware manufacturer's pockets! No SPV cheats. No empty blocks.
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Reclaim3r (OP)
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July 29, 2014, 04:35:20 AM |
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I won't go with "nothing". My answer is, "whatever is profitable enough to invest in ASIC design and development". So, if X11, or BobsMagicHashingFormula becomes the next big thing, then somebody will develop an ASIC for it. If there's money to be made, somebody's going to make it . Thank you for that answer
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notlist3d
Legendary
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Activity: 1456
Merit: 1000
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July 29, 2014, 05:46:28 AM |
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I won't go with "nothing". My answer is, "whatever is profitable enough to invest in ASIC design and development". So, if X11, or BobsMagicHashingFormula becomes the next big thing, then somebody will develop an ASIC for it. If there's money to be made, somebody's going to make it . Perfect answer. You will notice coins say asic resistant. They do not uses (or should not) proof. If there is a big enough market share there will be a product for it. A n/x11 would be nice but I don't know if or timeline we will see that. Scrypt and of course SHA-256 are controlling the game right now.
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Reclaim3r (OP)
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July 29, 2014, 05:57:34 AM |
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I won't go with "nothing". My answer is, "whatever is profitable enough to invest in ASIC design and development". So, if X11, or BobsMagicHashingFormula becomes the next big thing, then somebody will develop an ASIC for it. If there's money to be made, somebody's going to make it . Perfect answer. You will notice coins say asic resistant. They do not uses (or should not) proof. If there is a big enough market share there will be a product for it. A n/x11 would be nice but I don't know if or timeline we will see that. Scrypt and of course SHA-256 are controlling the game right now. In fact, an X11 ASIC was a project I wanted to take on. I'm well aware of the capital required to produce ASIC's but if the cost can be justified and an FPGA implementation followed by a few sample batches produced ( well under 500,000 USD I hope, but if costs get out of whack this is gonna be one hell of a project ) I think the garnered interest could be used to develop one. Of course, I'm talking in very loose terms. Making my own ASIC company has been a long time dream of mine. I've heard plenty of "you're not going to make it" or "somebody get rid of this noob" but I honestly don't care. Just gotta pull through. I'm just gathering some useful data for that venture
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monsterasic
Newbie
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Activity: 16
Merit: 0
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July 29, 2014, 10:04:10 AM |
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I won't go with "nothing". My answer is, "whatever is profitable enough to invest in ASIC design and development". So, if X11, or BobsMagicHashingFormula becomes the next big thing, then somebody will develop an ASIC for it. If there's money to be made, somebody's going to make it . Perfect answer. You will notice coins say asic resistant. They do not uses (or should not) proof. If there is a big enough market share there will be a product for it. A n/x11 would be nice but I don't know if or timeline we will see that. Scrypt and of course SHA-256 are controlling the game right now. In fact, an X11 ASIC was a project I wanted to take on. I'm well aware of the capital required to produce ASIC's but if the cost can be justified and an FPGA implementation followed by a few sample batches produced ( well under 500,000 USD I hope, but if costs get out of whack this is gonna be one hell of a project ) I think the garnered interest could be used to develop one. Of course, I'm talking in very loose terms. Making my own ASIC company has been a long time dream of mine. I've heard plenty of "you're not going to make it" or "somebody get rid of this noob" but I honestly don't care. Just gotta pull through. I'm just gathering some useful data for that venture I would buy a few G-Blades from our website monster-asic.com, they are currently at sale for 0.5 BTC per unit...
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TookDk
Legendary
Offline
Activity: 1960
Merit: 1062
One coin to rule them all
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July 29, 2014, 10:08:37 AM |
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I won't go with "nothing". My answer is, "whatever is profitable enough to invest in ASIC design and development". So, if X11, or BobsMagicHashingFormula becomes the next big thing, then somebody will develop an ASIC for it. If there's money to be made, somebody's going to make it . Perfect answer. You will notice coins say asic resistant. They do not uses (or should not) proof. If there is a big enough market share there will be a product for it. A n/x11 would be nice but I don't know if or timeline we will see that. Scrypt and of course SHA-256 are controlling the game right now. In fact, an X11 ASIC was a project I wanted to take on. I'm well aware of the capital required to produce ASIC's but if the cost can be justified and an FPGA implementation followed by a few sample batches produced ( well under 500,000 USD I hope, but if costs get out of whack this is gonna be one hell of a project ) I think the garnered interest could be used to develop one. Of course, I'm talking in very loose terms. Making my own ASIC company has been a long time dream of mine. I've heard plenty of "you're not going to make it" or "somebody get rid of this noob" but I honestly don't care. Just gotta pull through. I'm just gathering some useful data for that venture If you can make a functional X11 FPGA miner, then is the step to a ASIC really not that big.
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Cryptography is one of the few things you can truly trust.
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Klubknuckle
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July 29, 2014, 12:20:11 PM |
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So far, I've seen SHA256 and Scrypt ASIC'd. What's next? I know, it seems like a newbie question but I'm just curious x11 should be next since its the next most profitable..
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Reclaim3r (OP)
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July 29, 2014, 02:29:42 PM |
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I won't go with "nothing". My answer is, "whatever is profitable enough to invest in ASIC design and development". So, if X11, or BobsMagicHashingFormula becomes the next big thing, then somebody will develop an ASIC for it. If there's money to be made, somebody's going to make it . Perfect answer. You will notice coins say asic resistant. They do not uses (or should not) proof. If there is a big enough market share there will be a product for it. A n/x11 would be nice but I don't know if or timeline we will see that. Scrypt and of course SHA-256 are controlling the game right now. In fact, an X11 ASIC was a project I wanted to take on. I'm well aware of the capital required to produce ASIC's but if the cost can be justified and an FPGA implementation followed by a few sample batches produced ( well under 500,000 USD I hope, but if costs get out of whack this is gonna be one hell of a project ) I think the garnered interest could be used to develop one. Of course, I'm talking in very loose terms. Making my own ASIC company has been a long time dream of mine. I've heard plenty of "you're not going to make it" or "somebody get rid of this noob" but I honestly don't care. Just gotta pull through. I'm just gathering some useful data for that venture If you can make a functional X11 FPGA miner, then is the step to a ASIC really not that big. Well there's my first piece of optimistic news I know X11 uses 11 hashing algos ((blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, echo), Some of these look like SHA-3's but the rest, I'm not so sure. In fact, I'm not even sure how X11 puts this all together. Is data hashed through all of them sequentially or do certain algos get performed multiple times? It feels like it could be paralleled although I think the GPU miner might have already done that. Is there any way of converting the GPU CUDA/OpenGL code to FPGA or do you have to rough it and start from scratch?
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blockjoe
Member
Offline
Activity: 115
Merit: 10
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July 29, 2014, 03:28:08 PM |
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I won't go with "nothing". My answer is, "whatever is profitable enough to invest in ASIC design and development". So, if X11, or BobsMagicHashingFormula becomes the next big thing, then somebody will develop an ASIC for it. If there's money to be made, somebody's going to make it . Perfect answer. You will notice coins say asic resistant. They do not uses (or should not) proof. If there is a big enough market share there will be a product for it. A n/x11 would be nice but I don't know if or timeline we will see that. Scrypt and of course SHA-256 are controlling the game right now. In fact, an X11 ASIC was a project I wanted to take on. I'm well aware of the capital required to produce ASIC's but if the cost can be justified and an FPGA implementation followed by a few sample batches produced ( well under 500,000 USD I hope, but if costs get out of whack this is gonna be one hell of a project ) I think the garnered interest could be used to develop one. Of course, I'm talking in very loose terms. Making my own ASIC company has been a long time dream of mine. I've heard plenty of "you're not going to make it" or "somebody get rid of this noob" but I honestly don't care. Just gotta pull through. I'm just gathering some useful data for that venture If you can make a functional X11 FPGA miner, then is the step to a ASIC really not that big. Well there's my first piece of optimistic news I know X11 uses 11 hashing algos ((blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, echo), Some of these look like SHA-3's but the rest, I'm not so sure. In fact, I'm not even sure how X11 puts this all together. Is data hashed through all of them sequentially or do certain algos get performed multiple times? It feels like it could be paralleled although I think the GPU miner might have already done that. Is there any way of converting the GPU CUDA/OpenGL code to FPGA or do you have to rough it and start from scratch? X11 uses a lot of algorithms, but they are all FPGA/ASIC friendly, they may develop a semi-programmable system, where hash units can be chained together to be compatible with new variants (X13, ...).
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Reclaim3r (OP)
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July 29, 2014, 08:02:24 PM |
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I won't go with "nothing". My answer is, "whatever is profitable enough to invest in ASIC design and development". So, if X11, or BobsMagicHashingFormula becomes the next big thing, then somebody will develop an ASIC for it. If there's money to be made, somebody's going to make it . Perfect answer. You will notice coins say asic resistant. They do not uses (or should not) proof. If there is a big enough market share there will be a product for it. A n/x11 would be nice but I don't know if or timeline we will see that. Scrypt and of course SHA-256 are controlling the game right now. In fact, an X11 ASIC was a project I wanted to take on. I'm well aware of the capital required to produce ASIC's but if the cost can be justified and an FPGA implementation followed by a few sample batches produced ( well under 500,000 USD I hope, but if costs get out of whack this is gonna be one hell of a project ) I think the garnered interest could be used to develop one. Of course, I'm talking in very loose terms. Making my own ASIC company has been a long time dream of mine. I've heard plenty of "you're not going to make it" or "somebody get rid of this noob" but I honestly don't care. Just gotta pull through. I'm just gathering some useful data for that venture If you can make a functional X11 FPGA miner, then is the step to a ASIC really not that big. Well there's my first piece of optimistic news I know X11 uses 11 hashing algos ((blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, echo), Some of these look like SHA-3's but the rest, I'm not so sure. In fact, I'm not even sure how X11 puts this all together. Is data hashed through all of them sequentially or do certain algos get performed multiple times? It feels like it could be paralleled although I think the GPU miner might have already done that. Is there any way of converting the GPU CUDA/OpenGL code to FPGA or do you have to rough it and start from scratch? X11 uses a lot of algorithms, but they are all FPGA/ASIC friendly, they may develop a semi-programmable system, where hash units can be chained together to be compatible with new variants (X13, ...). I was thinking of an ASIC FPGA hybrid with X11 in ASIC and FPGA allowing further implementations. Just need to check the FPGA implementations of each alto and chain them somehow.
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Reclaim3r (OP)
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July 29, 2014, 10:57:19 PM |
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UPDATE: I found some useful info here regarding a SHA-3 ASIC developed by Virginia Tech. It has all the finalist SHA-3 algos on one chip except it's pretty low-performance by current standards. I will attempt to contact them regarding further info. It appears they halted altogether around 2012 on project statuses so it would be pretty interesting to see what I/the community could do with it: http://rijndael.ece.vt.edu/sha3/NOTE: X11 seems to use the 512-bit variation of these algos so some augmentation may be necessary. Second of all, there was a co-op project that was supposed to get an FPGA running an X11 miner but it appears deserted until today. Some disappointing news seems to have killed the hype until some forum member dug it out: https://darkcointalk.org/threads/darkcoin-fpga-mining-co-op.836/I'd be really interested in getting everything up and running.
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