Topic: After ASIC what comes next? (Read 12732 times)
Asics forever.
You asked so here it is! YesMiners.http://www.yesminers.de/en/mining.html?acc=1679091c5a880faf6fb5e6087eb1b2dc YesMiners was founded in 2014 by a small group of German high-tech veterans with the aim to build he best possible miners from scratch.
Partnerships with the world's most innovative suppliers are guaranteeing extremely efficient Bitcoin Miners with the latest 16nm 3D FinFET process. This technology provides performance improvements by a factor of 8 and at the same time 80% less power requirements.
10Th and 20Th units! Wow! Ready to start mining again?
Partnerships with the world's most innovative suppliers are guaranteeing extremely efficient Bitcoin Miners with the latest 16nm 3D FinFET process. This technology provides performance improvements by a factor of 8 and at the same time 80% less power requirements.
10Th and 20Th units! Wow! Ready to start mining again?
The yesminers site has scam all over it. I like the way the site says their miners are "In Stock" yet have a "Shipping Date: January 2016". Claiming 20 TH from 1,500 Watts for an existing miner is just not believable. Especially from someone no-one had heard off. Sorry.
It is likely yesminers have based their material on what KNC hope to eventually accomplish.
There have been similar claims/scams/vapourware in the past about companies having 16nm 3D FinFET based miners. See
http://bitcoinbrothers.de/press/pr20141103
You asked so here it is! YesMiners.http://www.yesminers.de/en/mining.html?acc=1679091c5a880faf6fb5e6087eb1b2dc YesMiners was founded in 2014 by a small group of German high-tech veterans with the aim to build he best possible miners from scratch.
Partnerships with the world's most innovative suppliers are guaranteeing extremely efficient Bitcoin Miners with the latest 16nm 3D FinFET process. This technology provides performance improvements by a factor of 8 and at the same time 80% less power requirements.
10Th and 20Th units! Wow! Ready to start mining again?
Partnerships with the world's most innovative suppliers are guaranteeing extremely efficient Bitcoin Miners with the latest 16nm 3D FinFET process. This technology provides performance improvements by a factor of 8 and at the same time 80% less power requirements.
10Th and 20Th units! Wow! Ready to start mining again?
In terms of ROI you make better money installing a solar rooftop than an ASIC miner.
Just sayin.
Just sayin.
I am following closely the developments of FPGA boards. I know there's a lot of talk back and forth but it's worthwhile exploring in my opinion.
https://en.bitcoin.it/wiki/Mining_hardware_comparison
https://en.bitcoin.it/wiki/Mining_hardware_comparison
If you don't mind my asking, why look at FPGA when ASIC is around?
It seems like the hashrates are minimal, still costs a bomb, not sure I see the point?
I am following closely the developments of FPGA boards. I know there's a lot of talk back and forth but it's worthwhile exploring in my opinion.
https://en.bitcoin.it/wiki/Mining_hardware_comparison
https://en.bitcoin.it/wiki/Mining_hardware_comparison
yes the performance of a bit better speed its also needed for the diff rising in sha 256 for instances the speed its also important but the efeceiancy and watts consumpition are also good for performance the improvments will ocurr but may not need to call a difrent thing from asic its asic and does sha 256 and scrypt and maybe X11 or soo in future for all the coins
What will happen is process shrinks. So from say 22nm to 16nm which will result in a larger possible density of the chip, but that costs more so the product gets more expensive so less people buy the product and so on...
We need more efficient designs of current chips so we get more for less.
We need more efficient designs of current chips so we get more for less.
The future of ASIC mining is in efficiency. We don't need to get faster, we need to get smarter. I think we're at a speed plateau, there's not really a reason to get much faster, but there is reason to become more efficient.
I wish every electronic device in my house had some ASICs in them for hashing, would save me serious heating bills in the winter.
I wish every electronic device in my house had some ASICs in them for hashing, would save me serious heating bills in the winter.
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. 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.
It would have to be unbearably powerful and extremely cheap..
If only the feverish grab for money and innovation was filtered into solar. Feed back into the network and bingo, money back or at least self reliance.
After ASICs come computers that are made from something other than matter and occupy something other than space 
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.
Yes this could be possible, just it's a question of bitcoin price and electricity price. As now I don't fit in with current btc/electricity ratio.They do not need to make better chips.
First asic was 6-9 watts a gh.
Best shown was Asic Miner at .3-.4 watts
Best for sale is .48 watts at the wall. so first asic to best is 15 to 20x better.
but GPUS were 1000 watts to 1 gh so the first asic was 150x better then a gpu.
What is needed now is better power prices. If I am in Tennessee at 8 cents a kwatt a simple move to Washington state and I drop to 3 or 4 cents a kwatt..
So the next asic chip will drop us to .2-.3 watts at the wall from .48 watts at the wall. What is easier for a big guy make a better chip or setup in Washington state?
We are not going to see 150x improvements in watts to gh anymore.
We may see a movement to replace this
with this
Well old oil electric heaters indeed maybe the future of miners. If you not got central heating system buy 3x asic machines drop into each room sort of pay for their self when on untill mining gets so hard and becomes as waste like normal energy heating does puts a dint into your wallet.
I don't really know if we have means to produce more advances chips than ASICS are now. They only thing that will probably change is manufacturing process and new technology (smaller 14 nm chips).
Technological advancements, should make miners more powerful than Asics. I am sure that kind hardware already exists, its just a matter of time they get into mining bitcoins 
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.
Yes this could be possible, just it's a question of bitcoin price and electricity price. As now I don't fit in with current btc/electricity ratio.They do not need to make better chips.
First asic was 6-9 watts a gh.
Best shown was Asic Miner at .3-.4 watts
Best for sale is .48 watts at the wall. so first asic to best is 15 to 20x better.
but GPUS were 1000 watts to 1 gh so the first asic was 150x better then a gpu.
What is needed now is better power prices. If I am in Tennessee at 8 cents a kwatt a simple move to Washington state and I drop to 3 or 4 cents a kwatt..
So the next asic chip will drop us to .2-.3 watts at the wall from .48 watts at the wall. What is easier for a big guy make a better chip or setup in Washington state?
We are not going to see 150x improvements in watts to gh anymore.
We may see a movement to replace this
with this
I don't really know if we have means to produce more advances chips than ASICS are now. They only thing that will probably change is manufacturing process and new technology (smaller 14 nm chips).
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.
Yes this could be possible, just it's a question of bitcoin price and electricity price. As now I don't fit in with current btc/electricity ratio. 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.
I would love to see a 5 th miner that does 80 watts at the wall with temps at say 26C maybe 60c tops OC . that would be very impressive then become history then we would see more and more of it even lower watts with more speed which were starting to see now but not like that, yet .
TO be honest it is not far off it right now. CXonsidering we got the ant s5's hitting out what 1.1TH of power for maybe 500 to 600w give it a few more years and theri will be faster tech then current out no doubt about it along with smaller chips and a way to cool them a lot quicker and they run a lot less hotter than currently. No doubt in next year or so when AMD get their new chips out am sure that the tech will come once again to shrink the chips down even more and go faster and use less energy to use.
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.
I would love to see a 5 th miner that does 80 watts at the wall with temps at say 26C maybe 60c tops OC . that would be very impressive then become history then we would see more and more of it even lower watts with more speed which were starting to see now but not like that, yet .
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 .
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.
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.
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.
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.
more effective asic。
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. Hint: its not a name of a technology .
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.
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
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.
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.
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.
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.
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
AGREED.
Quantum Processors then the Blockchain will be come self aware and take over the planet. 
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!!
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.
after asic we'll see another generation of asic.
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.
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.
To raise the difficulty you don't need bigger better ASICs. Just more ASICs.
Don't buy an ASIC!!!
Don't buy an ASIC!!!
Next will be bankruptcy of miners. its obvius.
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.
ASIC is just an acronym for Application Specific Integrated Circuit. The technology may change and improve but the basic idea is still the same. Specialization of integrated circuitry in order to enhance a specific application.
ASIC mining is getting profitable ? I am thinking about this...
well i would take a look and be aware of the updates in gaw miners site they do seem to have a asic tech quite good they might find another also less expecive in watts and more efective in THs it means the hardware might go to a good ending in mining those blocks and diff may rise and coins may slow down or then just keep up the scall of growning to the btc value the more they mine the more btc are and the vaue it may come like more becuase of the value of hardware to mine and diff rise too btc will defenitly will rise agains dollar euro and yen
Dont forget new ASIC is comming out soon, so be sure and expect a highter diff in the next few months, so sad, because like now only chinnese farmers and a few other are able to mine BTC
Maybe ppl should start to think about other ways to mine, there is some good chooises on the ALT market like the burst and his POC algorithm, and im talking about poor ppl like me
Maybe ppl should start to think about other ways to mine, there is some good chooises on the ALT market like the burst and his POC algorithm, and im talking about poor ppl like me
hi!!!
i think now it is the only profitable alt-Coin.
GPU mining era it is finished!!!
Dont forget new ASIC is comming out soon, so be sure and expect a highter diff in the next few months, so sad, because like now only chinnese farmers and a few other are able to mine BTC
Maybe ppl should start to think about other ways to mine, there is some good chooises on the ALT market like the burst and his POC algorithm, and im talking about poor ppl like me
Maybe ppl should start to think about other ways to mine, there is some good chooises on the ALT market like the burst and his POC algorithm, and im talking about poor ppl like me
It's time for new super efficient ASICs to hit the market with btc prices being so low.
after ASIC comes BSIC.....literally
As in "Bitcoin Specific Integrated Circuit"? While a BSIC would be a type of ASIC, you got me thinking about this from a marketing perspective.
Very interesting.
I'm happy to have provided the spark but TBH I was just being silly...BSIC coming after ASIC as in AFTER you buy an ASIC you will BE SICK! (no ROI, falling coin, etc.).
after ASIC comes BSIC.....literally
As in "Bitcoin Specific Integrated Circuit"? While a BSIC would be a type of ASIC, you got me thinking about this from a marketing perspective.
Very interesting.
I'm happy to have provided the spark but TBH I was just being silly...BSIC coming after ASIC as in AFTER you buy an ASIC you will BE SICK! (no ROI, falling coin, etc.).
after ASIC comes BSIC.....literally
As in "Bitcoin Specific Integrated Circuit"? While a BSIC would be a type of ASIC, you got me thinking about this from a marketing perspective.
Very interesting.
after ASIC comes BSIC.....literally
My friend, it is hard to honestly say. When BTC first came out, none of us expected we could mine it at hashrates so high that dozens of graphic cards wouldn't even be able to compete. So really, it will just be something super unexpected or crazy.
Maybe it will be like the evolution of Jump drives and SD cards? At one time you had to pay like 350$ for 128MB SD card, but now you wouldn't pay that much for a 1TB external hard drive.
Maybe it will be like the evolution of Jump drives and SD cards? At one time you had to pay like 350$ for 128MB SD card, but now you wouldn't pay that much for a 1TB external hard drive.
Cathode Ray Tubes
jk....
jk....
So somebody develops the "Uber Quantum Bitcoin Mining Gadget". It's 100x the speed of anything we have today, and uses 1/10 the power. The owners of this magical device light it off. Assuming the normal difficulty adjustment rules apply, a few periods later difficulty has literally "skyrocketed" (not just the usual hyperbole).
What did it cost? What happens next? Most all the existing mining hardware has been rendered obsolete, and people literally turn off gear and scrap. They can't just sell it, since there are no buyers.
Sounds like we have just one "centralized" mining entity, doesn't it?
What did it cost? What happens next? Most all the existing mining hardware has been rendered obsolete, and people literally turn off gear and scrap. They can't just sell it, since there are no buyers.
Sounds like we have just one "centralized" mining entity, doesn't it?
im with you pal, the next move for big miner is eco mining, it seems that miners are more worry about energy consumption and electricity cost then the price of btc at some points.
So somebody develops the "Uber Quantum Bitcoin Mining Gadget". It's 100x the speed of anything we have today, and uses 1/10 the power. The owners of this magical device light it off. Assuming the normal difficulty adjustment rules apply, a few periods later difficulty has literally "skyrocketed" (not just the usual hyperbole).
What did it cost? What happens next? Most all the existing mining hardware has been rendered obsolete, and people literally turn off gear and scrap. They can't just sell it, since there are no buyers.
Sounds like we have just one "centralized" mining entity, doesn't it?
What did it cost? What happens next? Most all the existing mining hardware has been rendered obsolete, and people literally turn off gear and scrap. They can't just sell it, since there are no buyers.
Sounds like we have just one "centralized" mining entity, doesn't it?
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
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.
Just a question: after the hitting to new low and the increasing difficulties , Does mining still profitable?
If u r into cloud mining, then it actually depends on at what rate your buying the Ghs.
Just a question: after the hitting to new low and the increasing difficulties , Does mining still profitable?
i heard that antminer s5 use 22 nm, if i'm not mistaken
The S5 uses an improved 28nm design.
Need to boot all the chinese out of the network, that will bring the hashrate back down and mining back to where it was. Those greedy pricks are ruining btc. I bet every single time a block is found by discuss fish its sold in a heart beat.
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
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.
Im sure ASICS will be around for a while
Maybe an upgrade to same ASICS is possible?
Maybe an upgrade to same ASICS is possible?
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!
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.
Will be POS or DPOS!
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!
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!
asics are just getting faster and faster with the only difference being that they are smaller and even more energy efficient.
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!!
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?
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!!
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!!
ASIC's will be still around some time
Try to ask TSMC they create manufacture technology from years.
http://www.tsmc.com/english/dedicatedFoundry/technology/mtm.htm
Try to ask TSMC they create manufacture technology from years.
http://www.tsmc.com/english/dedicatedFoundry/technology/mtm.htm
Quote
More-than-Moore
The hasrate spiked almost close to 400k Thash/s WTF was that? Network hashrate variations 25% a day...
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
Imagination, it happens
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
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
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.
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.
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.
Would be interesting to see where it goes in the next 2 years.
...
So any ideas what comes next? ...
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.
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.
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. 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.
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.
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.
The answer to the OP's question is something I've been working on for a long time. ASIC? Yes.....but different. It's coming sooner than you think.
What comes next after ASICS?more powerfull asics, of course
If something doesnt come soon then halving will happen, which will cause the miners to quit thus increase the price.Will be nice to see what happens over the year.
quantum asic, or something more funny
What comes next after ASICS?more powerfull asics, of course
So hey guys, miners, enthusiasts... You are all probably aware that Bitcoin network hashrate seems to be in a "holding pattern" for the past 2 months and growth seem to have stopped now.
So any ideas what comes next? Something exciting that will make the hashrate keep going up or are we going to stay in this "holding pattern" for years now? Only small advances when new data centers for Bitcoin opens... Or?
So any ideas what comes next? Something exciting that will make the hashrate keep going up or are we going to stay in this "holding pattern" for years now? Only small advances when new data centers for Bitcoin opens... Or?
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