After ASIC what comes next? - page 2.

toptekk

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Quote from: Benjig on March 04, 2015, 12:41:32 AM

Asics are the last device we can see... its name tells you everything, An application-specific integrated circuit. It means it doesnt describes an specific technologic.

He's right but that does not mean years from now that something new Won't come but right now there is nothing new but to improve what we have. I'm sure some place in the world something is being thought up but that's it . just a thought with some plans written down some place that make no sense .

Benjig

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Asics are the last device we can see... its name tells you everything, An application-specific integrated circuit. It means it doesnt describes an specific technologic.

crazyearner

legendary

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I think the future will be along the lines of much better asic technology and octicore asics or getting to the dual stages then quad and going even faster as the technology comes out to produce. No doubt in the future and not far away is mineral cores for computers so no doubt when asic technology is developed more then faster asic equipment will come along. But then comes power consumption and given that some 1TH rigs are using 400 to 500watt per device has come along away considering it use to be like 90GH using 600 to 700watt and now a fraction of that can be used in some of the newer systems using 5w for 100GH in newer technology.

develCuy

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Activity: 470

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quantum technology or perhaps multi-core ASIC if the term applies. Now that computing power can be converted directly to money. I mean: plug energy --> Process --> get money, formal and amateur research on computing raised a lot. No way to stop it in the short term unfortunately.

Regarding the "hold" argument, I'll call it: get ready for a big storm, big positive changes are coming in the global market and bitcoin will be a player.

Troonetpt

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Activity: 322

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more effective asic。

MilesJohan

sr. member

Activity: 378

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Quote from: ?? on ??

had OP actually google the name ASIC to understand what it stands for, he wouldnt make this stupid thread.

Hint: its not a name of a technology .

But its obvious what it is , if you are aware of the mining technologies.

muhrohmat

sr. member

Activity: 252

Merit: 250

well people the asic is here to stay because its a integrated circuit and can develop no need for new names and it can get like 1THs for very low price and give those 1.000.000 satoshis per day in each HASH just the watts im a bit conserned.

fr4nkthetank

legendary

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Now the money is free, and so the people will be

Quote from: mwizard on January 08, 2015, 05:31:48 PM

Quote from: Jcar797 on January 07, 2015, 10:50:57 PM

A little random, but Im supprised that everyone seems so sarcastic about quantum computing: certain labs have been able to send data using quantum computing and were even able to run the most basic algorithm that would be predicted to work. It may not sound like much, but quantum computing will be something will have access to relatively soon.

Quantum computing has a few issues.

1) We are a very very long way from making a working quantum computer. All that we can do at the moment is create a quantum bit (qbit) and manipulate it in simple ways.

2) Quantum computing is not deterministic with exact answers as in traditional computing. Instead a quantum computer would give results with a probability of being correct. A program run on a quantum computer may give a slightly different result each time it is run.

Quantum computing has some similarities to analog computing.

3) Quantum computers cannot solve anything beyond that possible with traditional computers. They are just theoretically faster for specific problems.

In more detail a qbit is the quantum equivalence of the traditional computing 0 and 1 except it has a probability of being any value between 0 and 1. For example a qbit could be loaded with a 25% probability of being 1, thus an 75% probability of being a 0. Various operations are then available to manipulate and combine qbit probabilities. It is only when the final result is read out that everything reverts to the traditional 0 and 1 world based on the final probabilities.

See for example http://gizmodo.com/whats-wrong-with-quantum-computing-1444793497
and
http://www.cs.virginia.edu/~robins/The_Limits_of_Quantum_Computers.pdf

Yes but understand this: If quantum mining is 10000000000000x better than asic, then the financial incentive to discover it first is, well, very, very, very large. at first of course. good for developement

trendax

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ASICs will get more and more refined over the years, better production techniques, and better efficiency J/GHs.
Probably the next leap might balanced ternary or quaternary advantages over binary computing bases.
Quantum computing is definitely science of tomorrow but in terms of the private sector operating a quantum mining farm. Not likely.

MilesJohan

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Activity: 378

Merit: 250

Quote from: btcminer021 on February 20, 2015, 11:43:17 PM

Really good question, but I'm afraid ASIC design will simply get more efficient. By the time we move on to quantum computers we will be living on Mars and BTC will be the intergalactic currency.

I think such efficient systems might alreayd be in existence. Its a matter of time, since they are used for mining.

btcminer021

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Mine hard!

Really good question, but I'm afraid ASIC design will simply get more efficient. By the time we move on to quantum computers we will be living on Mars and BTC will be the intergalactic currency.

muhrohmat

sr. member

Activity: 252

Merit: 250

well for now the asic do the trick for mining i love mining not just for me but for the way of keeping the engine of crypto going the trades ocur but after mining with asics the year of 2015 might bring the new generation of miner of Th for sha256 and some for mhs in quantaty of scrypt and x11 and x13 soo i dont know prices but this year looks pormissing becuse theres like 500 coins alt coins in market some hdd some gpu or asic and the antminer for sha 256 its what we have besides some othes that ofeer more TH in sha256

dog1965

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AGREED.

MCHouston

hero member

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Where am I?

Quantum Processors then the Blockchain will be come self aware and take over the planet. Grin

dog1965

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Quote from: Barabbas0 on December 24, 2014, 06:45:18 PM

Quote from: dog1965 on December 24, 2014, 04:59:06 PM

Yes The whole Entire Bitcoin Market Is Geared For The Rich Greedy selfish A*****E's !!!!!!! They Took Control Of everything they can get there greedy hands on anyway But that's life anyway!!!

Money talks BS walks as they say.

In order to ROI you have to buy 100 or Better antminers or better. The rich are buying up all the mining farms or merging with each other. US home miners are being Thrown to the dogs!!

https://en.wikipedia.org/wiki/Tragedy_of_the_commons

I'm honestly more surprised major chip makers didn't try to jump on the ASIC bandwagon. Could you imagine a world where Qualcomm, Intel, AMD, etc. are the major BTC miners running their own internal proprietary hardware and software?

That's yet to come you know how greedy Rich people are! I would like to ram the money down there throat and see if they can still breath.

LFC4Life

newbie

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after asic we'll see another generation of asic.

Altagracia

newbie

Activity: 1

Merit: 0

Haven't been keeping up with mining, but I'm sad that Cointerra is having problems. The quicker ASICs reach the same transistor length as intel\amd, I think things will level out. S5 is 28nm and Cointerra was going to release a 16nm. Once a few companies are releasing similar products in the same range, hopefully prices will drop and mining hashrates will stabilize.

Other than a hard-fork, quantum computing may have some great consequence if the entanglement can be done over long distances. Not need for internet to broadcast your transaction.

timk225

hero member

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To raise the difficulty you don't need bigger better ASICs. Just more ASICs.

Don't buy an ASIC!!!

qs.lab

full member

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DAO enthusiast

Next will be bankruptcy of miners. its obvius.

SargeR33

member

Activity: 112

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★Bitin.io★ - Instant Exchange

Yes but could there be quantum systems which outperform an ASIC? If mining ended, all our ASIC's would be worth less than bricks. They would serve absolutely NO purpose. If someone could design something new which can hash at the speed of a good asic but still serve a useful purpose, that would be good.

Topic: After ASIC what comes next? - page 2. (Read 12732 times)