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Topic: After ASIC what comes next? - page 4. (Read 12752 times)

legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
January 05, 2015, 04:34:24 PM
#26
other strongest asic, low nm number, now we are at 28nm, so the next step is 20 or directly to 16, i heard that antminer s5 use 22 nm, if i'm not mistaken
full member
Activity: 141
Merit: 102
January 05, 2015, 01:53:23 PM
#25
Indeed, i think we are all waiting on Spondoolies now, they will come out with new stuff end Q1 en and 2015. i heard something about 0.1GHs/W chips.
newbie
Activity: 2
Merit: 0
January 05, 2015, 10:51:07 AM
#24
Im sure ASICS will be around for a while
Maybe an upgrade to same ASICS is possible?
member
Activity: 119
Merit: 10
January 04, 2015, 11:35:56 PM
#23
Instead of spending all the cash to set up a hue ASIC farm and try to get someone of what the greedy big money people mine, I now advocate the idea of STEALING from them.  Bitcoin is unregulated and largely unrecognized, so it's not exactly a crime.  

You just have to find out the miners, their wallet addresses, and passwords, and you're all set!  Get into their wallets, send coins to wallets you control, and sell them for cash!  That's it!

Having been a whale a one point, you'd understand that people who invest 100k + know how to keep cold wallets offline leaving only a few hours worth of BTC in their live wallet at any given time. Plus people doing this on large scale will typically cash out several times a day to maintain an average selling price within market fluctuations. Go after the pools, not that I condone that, but the big miners know how to protect their coins. Pools are probably the easiest target.
sr. member
Activity: 448
Merit: 250
January 04, 2015, 01:34:11 AM
#22
Will be POS or DPOS!
hero member
Activity: 955
Merit: 1004
January 03, 2015, 11:19:02 AM
#21
Instead of spending all the cash to set up a huge ASIC farm and try to get someone of what the greedy big money people mine, I now advocate the idea of STEALING from them.  Bitcoin is unregulated and largely unrecognized, so it's not exactly a crime.  

You just have to find out the miners, their wallet addresses, and passwords, and you're all set!  Get into their wallets, send coins to wallets you control, and sell them for cash!  That's it!
legendary
Activity: 896
Merit: 1000
December 24, 2014, 08:12:00 PM
#20
asics are just getting faster and faster with the only difference being that they are smaller and even more energy efficient.
newbie
Activity: 28
Merit: 0
December 24, 2014, 06:45:18 PM
#19
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?
sr. member
Activity: 392
Merit: 250
December 24, 2014, 04:59:06 PM
#18
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!!

 
sr. member
Activity: 476
Merit: 262
EOSABC
December 23, 2014, 09:18:09 PM
#16
ASIC's will be still around some time Wink

Try to ask TSMC they create manufacture technology from years.
http://www.tsmc.com/english/dedicatedFoundry/technology/mtm.htm

Quote
More-than-Moore

 Roll Eyes
hero member
Activity: 597
Merit: 504
December 23, 2014, 04:09:44 PM
#15
The hasrate spiked almost close to 400k Thash/s WTF was that? Network hashrate variations 25% a day...
hero member
Activity: 767
Merit: 500
December 22, 2014, 09:42:20 PM
#14
thats why "cloud mining" is spawning. later they will move over into every electrical items, companies will pay a % of a cost to have a single little chip mining away inside some light-bulb and wall-warts, connected via wifi, so your little 5PH farm will move into 100PH or more. then when Quantum Arithmetic Logic Units come out into the main world, there will never be a "*Hash a second" calculation again...

Imagination, it happens
sr. member
Activity: 434
Merit: 250
★Bitvest.io★ Play Plinko or Invest!
December 22, 2014, 11:37:50 AM
#13
when bitcoin is sitting at $300 I can't see many people spending thousands on these asics as there is really no ROI once you work in electricity.

Im sure there is someone somewhere working on some crazy product but they are probably using it and will milk it until there is barely any profit in it then sell it to people like every other bitcoin asic company
legendary
Activity: 1050
Merit: 1000
December 22, 2014, 10:34:13 AM
#12
ASIC is a clas off dedicated chips. After ASICS you get more ASICS using smaller transistors. The tech to build them already exists, its only a matter of economics now.
donator
Activity: 1419
Merit: 1015
December 22, 2014, 10:23:40 AM
#11
The next revolution will still be ASIC-based, but it might be power-efficiency scaling. In other words, run the same hashrate for significantly less wattage. Think of FPGA compared to video card in late 2011 (if you were around then, it's easier to understand). My guess is we'll see the reemergence of the individual miner over the course of the next 8 months as the hashing power falls and difficulty subsides. I could be wrong, however, I'm mostly guessing at this point, but I don't foresee a huge number of people spinning up big farms with the difficulty, price, and ROI being at where they are at right now.
full member
Activity: 182
Merit: 100
December 22, 2014, 10:17:38 AM
#10
Whatever comes next would be hardcore. I cant imagine a mining rig stronger than ASIC.
Would be interesting to see where it goes in the next 2 years.
sr. member
Activity: 451
Merit: 250
December 21, 2014, 06:10:41 PM
#9
...
So any ideas what comes next? ...

Super intelligent quantum robots that mine the rest of the bitcoins and use them to spam all of humanity.
sr. member
Activity: 434
Merit: 252
December 21, 2014, 06:05:35 PM
#8
I loved mining, just hearing the noise, seeing the hash rates, lights blinking, loved it. Also the fact that you could invest a "normal" amount to make some  BTC.


Those days were great. I loved how hands-on it all was. The hum, the heat, the hash rate fluctuating, and all the unexpected problems that arose and the little victories of solving them. Probably much like the early days of home computing.

My favorite era of mining was that very brief period of time when GPUs, FPGAs, and ASICs all overlapped, before the difficulty level exploded. I remember turning out the lights in my mining room, watching all the little ASIC lights flicker and hearing the GPUs humming alongside them.
full member
Activity: 182
Merit: 100
December 21, 2014, 05:55:28 PM
#7
It is a shame the the difficulty is so high right now and the BTC rate so low. In order to ROI you have to invest so much at them moment, and then there are all these issues with hardware manufacturers that deliver way too later, or go bankrupt and don't deliver at all.

I loved mining, just hearing the noise, seeing the hash rates, lights blinking, loved it. Also the fact that you could invest a "normal" amount to make some  BTC.

Even whatever comes after ASIC will be a big players game.
Yeah, I wonder how strong would the next miner be. Would definitely be a game changer.
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