Bitmain saw really big profits last year.
So much so they got ideas on what to do with excess profits.
I find it very interesting that innosilicon now has
A better zec miner more hash less power.
A better decred miner more hash less power.
A better sia miner more hash less power.
A better sha miner more hash less power.
As compared to bitmain.
Yeah bitmain is cheaper but the specs are better for innosilicon.
This kind of proves how ridiculous it is that people are howling for hardforks every time a new asic comes out. Obviously they are butthurt that their GPUs will no longer be as profitable. But when multiple companies are making ASIC miners and competing with each other, how exactly does that cause centralization? No different than only 2 GPU companies competing. The notion of decentralization based on expensive and inefficient but widely available (though availability is a subjective term) GPUs is kind of idiotic. It would almost be like rules requiring all prospectors to use pans from the 1800s for gold mining because its more fair than large companies with industrial equipment.
I ask for no nasty attacks you did a nasty attack I deleted this.
This thread is not to say asics rule gpus suck and fpga's are tripping ..
All three have a place in the game. I don't want to discuss why the game fails without all three and even cpus are needed for the game to work.
If you choose to be all asic good it is your choice. If you choose to be inclusive also good that is your choice.
If you choose to insult gpu miners in this thread or insult asic miners or insult fpga miners or insult cpu miners with terms like butthurt or idiotic I delete it.
back to the thread. solar has some value in smaller ops off grid.
buysolar has spent months looking for a good inverter converter power source for a 1000 to 1600 watt setup.
My push is in this direction here is why.
Lets take sha-256 asics
I own t1
avalon 841
s9
s9i on the way. all of them run about 92 to 110 watts per th
the new go B2 lists at 81 watts per th.
even if bitmain and avalon do 7nm they will not go much better then 75 watts per 1 th.
so do some math if the solar setup I get built comes to 4 cent a kwatt over ten years
vs 10 cents a watt buying from a hosting service.
it is viable to run a 110 watt per th miner
vs a 75 watt per th miner.
So the game goes back to low power cost = winner winner chicken dinner.
Sorry if I offended you Phil. I wasn't attacking anyone or any style of mining. In fact, I don't own ASICs or FPGAs, only GPUs and CPUs. Let me rephrase my point; I think its shortsighted and misinformed to want a coin to hardfork simply because an Nvidia or AMD GPU is no longer the most cost effective way to mine.
It defeats the whole point of decentralization
Bitmain saw really big profits last year.
So much so they got ideas on what to do with excess profits.
I find it very interesting that innosilicon now has
A better zec miner more hash less power.
A better decred miner more hash less power.
A better sia miner more hash less power.
A better sha miner more hash less power.
As compared to bitmain.
Yeah bitmain is cheaper but the specs are better for innosilicon.
This kind of proves how ridiculous it is that people are howling for hardforks every time a new asic comes out. Obviously they are butthurt that their GPUs will no longer be as profitable. But when multiple companies are making ASIC miners and competing with each other, how exactly does that cause centralization? No different than only 2 GPU companies competing. The notion of decentralization based on expensive and inefficient but widely available (though availability is a subjective term) GPUs is kind of idiotic. It would almost be like rules requiring all prospectors to use pans from the 1800s for gold mining because its more fair than large companies with industrial equipment.
I ask for no nasty attacks you did a nasty attack I deleted this.
This thread is not to say asics rule gpus suck and fpga's are tripping ..
All three have a place in the game. I don't want to discuss why the game fails without all three and even cpus are needed for the game to work.
If you choose to be all asic good it is your choice. If you choose to be inclusive also good that is your choice.
If you choose to insult gpu miners in this thread or insult asic miners or insult fpga miners or insult cpu miners with terms like butthurt or idiotic I delete it.
back to the thread. solar has some value in smaller ops off grid.
buysolar has spent months looking for a good inverter converter power source for a 1000 to 1600 watt setup.
My push is in this direction here is why.
Lets take sha-256 asics
I own t1
avalon 841
s9
s9i on the way. all of them run about 92 to 110 watts per th
the new go B2 lists at 81 watts per th.
even if bitmain and avalon do 7nm they will not go much better then 75 watts per 1 th.
so do some math if the solar setup I get built comes to 4 cent a kwatt over ten years
vs 10 cents a watt buying from a hosting service.
it is viable to run a 110 watt per th miner
vs a 75 watt per th miner.
So the game goes back to low power cost = winner winner chicken dinner.
Sorry if I offended you Phil. I wasn't attacking anyone or any style of mining. In fact, I don't own ASICs or FPGAs, only GPUs and CPUs. Let me rephrase my point; I think its shortsighted and misinformed to want a coin to hardfork simply because an Nvidia or AMD GPU is no longer the most cost effective way to mine.
neither of the above are nasty posts thank you both.
I don't want us to spend time defending or attacking asic/fpga/gpu/cpu mining or pow vs pos vs (pow+pos hybrid)
The reality is we have that world to live in or mine in we don't need to argue why one part is good and the other part is evil.
The game today as we mine is cheap power is king and lots of cheap gear can be found how do we cope as miners.