Topic: AMD mining DEAD NOW with Bitmain E3 - page 3. (Read 1876 times)
I though ethash was asic resistant because of DAG... maybe Im wrong
I don't think AMD is dead, especially if XMR paves the way for coins that fork every so often to resist ASIC development. What confuses me about this E3 is that it is not ASIC, but only for Ethash.
Do you think that AMD cards will be completely out of the mining game now due to ethash miners ? What is the future of Vega rigs now ?
Is there any possibility that AMD will manufacture a new gpu with mining in mind ?
Is there any possibility that AMD will manufacture a new gpu with mining in mind ?
So ETH (Etrash) is not the only algorithm that can mine AMD cards. There is another ZEC(Equihash). It seems that you have forgotten or do not know the history of mining - and the bitcoin mining, and litecoin mining over time ASIC was forced out of the graphics card. There will be other algorithms that are still resistant to ASICs.
Remember that E3 is almost the same as RX580 rig. It just costs less but everything else is almost the same (I think E3 will be as loud as a jet taking off though)
But who cares about that noise? It doesn't matter, none shut down their rigs because of noise or something... 
Remember that E3 is almost the same as RX580 rig. It just costs less but everything else is almost the same (I think E3 will be as loud as a jet taking off though)
I think Bitmain really long time mined on E3 - Ethash, and now is the time to sell.
Bitmain is pushing asics slowly to the market , asic per user , so that it take the network out of control of gpu miners to prevent hard forks
You mean 5 ASIC/user right ?
Code:
Dear subscriber,
We have received a very promising response to the Antminer E3 batch.
Thank you for that.
Many of our buyers have been unhappy about the limit of one miner
per user that we had set to prevent hoarding and to allow more individuals
to purchase this limited stock of the Antminer E3.
To allow all individuals to buy more units and,
at the same time, prevent hoarding, we have now increased the limit to five miners per user.
We have also removed the geographical restrictions to allow our international buyers located
in Hong Kong, Macau and Taiwan to buy the Antminer E3.
Buyers in Mainland China can still not buy this batch.
Click below to learn more or to order now:
https://goo.gl/QFF2wt
Regards,
The Bitmain team
We have received a very promising response to the Antminer E3 batch.
Thank you for that.
Many of our buyers have been unhappy about the limit of one miner
per user that we had set to prevent hoarding and to allow more individuals
to purchase this limited stock of the Antminer E3.
To allow all individuals to buy more units and,
at the same time, prevent hoarding, we have now increased the limit to five miners per user.
We have also removed the geographical restrictions to allow our international buyers located
in Hong Kong, Macau and Taiwan to buy the Antminer E3.
Buyers in Mainland China can still not buy this batch.
Click below to learn more or to order now:
https://goo.gl/QFF2wt
Regards,
The Bitmain team
WTF Monero will be the way!
2 days for the FORK!
2 days for the FORK!
It will be even worse. All of ETH miners will jump in along with those who were already going to mine it. Difficulty will skyrocket.
This thing is not even a ASIC, it like a more compact panda miner but it will have an affect that no other ASIC ever had. It will disrupt the whole gpu mining network.
But I do think for some reasons that GPU miners are big believers and pillars of Ethereum. So most probably devs will change the algo but what good will it do if this is not an ASIC ?
The only soln. will be if Nvidia and/or AMD develops a new gpu which will be very efficient in mining or we need some coins that can challenge the market capital of ETH.
how would it be worse than what it is right now? Difficulty is already high because of ASICS on the network, once they are disabled the hashrate goes down and so does difficulty. Even all the hashers from ETH wouldn't make a dent compared to the asics that have been killing monero difficulty. Also lower hashrate on ETH means lower difficulty so the hashrate will be distributed amongst both coins instead of just on ETH.
Bitmain is pushing asics slowly to the market , asic per user , so that it take the network out of control of gpu miners to prevent hard forks
You mean 5 ASIC/user right ?
Code:
Dear subscriber,
We have received a very promising response to the Antminer E3 batch.
Thank you for that.
Many of our buyers have been unhappy about the limit of one miner
per user that we had set to prevent hoarding and to allow more individuals
to purchase this limited stock of the Antminer E3.
To allow all individuals to buy more units and,
at the same time, prevent hoarding, we have now increased the limit to five miners per user.
We have also removed the geographical restrictions to allow our international buyers located
in Hong Kong, Macau and Taiwan to buy the Antminer E3.
Buyers in Mainland China can still not buy this batch.
Click below to learn more or to order now:
https://goo.gl/QFF2wt
Regards,
The Bitmain team
We have received a very promising response to the Antminer E3 batch.
Thank you for that.
Many of our buyers have been unhappy about the limit of one miner
per user that we had set to prevent hoarding and to allow more individuals
to purchase this limited stock of the Antminer E3.
To allow all individuals to buy more units and,
at the same time, prevent hoarding, we have now increased the limit to five miners per user.
We have also removed the geographical restrictions to allow our international buyers located
in Hong Kong, Macau and Taiwan to buy the Antminer E3.
Buyers in Mainland China can still not buy this batch.
Click below to learn more or to order now:
https://goo.gl/QFF2wt
Regards,
The Bitmain team
Monero will be the way!
2 days for the FORK!
2 days for the FORK!
It will be even worse. All of ETH miners will jump in along with those who were already going to mine it. Difficulty will skyrocket.
This thing is not even a ASIC, it like a more compact panda miner but it will have an affect that no other ASIC ever had. It will disrupt the whole gpu mining network.
But I do think for some reasons that GPU miners are big believers and pillars of Ethereum. So most probably devs will change the algo but what good will it do if this is not an ASIC ?
The only soln. will be if Nvidia and/or AMD develops a new gpu which will be very efficient in mining or we need some coins that can challenge the market capital of ETH.
how would it be worse than what it is right now? Difficulty is already high because of ASICS on the network, once they are disabled the hashrate goes down and so does difficulty. Even all the hashers from ETH wouldn't make a dent compared to the asics that have been killing monero difficulty. Also lower hashrate on ETH means lower difficulty so the hashrate will be distributed amongst both coins instead of just on ETH.
Full of shit topic and only noobs commenting. The biggest ROI right now is on the AMD cards. For the price of 1 nvidia 1080ti I can get 3 RX580. Amd cards can mine any algo that the nvidia can.
Only the noobs are using Nvidia because they mine with the default settings. Finely tuned RX580 can outmine Nvidia 1080 anytime.
Only the noobs are using Nvidia because they mine with the default settings. Finely tuned RX580 can outmine Nvidia 1080 anytime.
Bitmain is pushing asics slowly to the market , asic per user , so that it take the network out of control of gpu miners to prevent hard forks
Do you think that AMD cards will be completely out of the mining game now due to ethash miners ? What is the future of Vega rigs now ?
Is there any possibility that AMD will manufacture a new gpu with mining in mind ?
Is there any possibility that AMD will manufacture a new gpu with mining in mind ?
Why are you solo-ing out AMD cards? NVIDIA cards are as much affected as AMD card at this time. Difficulty affects everyone regardless and the bitmain E3 is more efficient than both AMD or NVIDIA. Could you elaborate why AMD cards are dead and NVIDIA are not? As far as i know AMD cards are even more power efficient than NVIDIA cards once modded.
Those who already have AMD rigs will continue to run them of course but no one is going to build a new AMD rig now but people will still continue to make Nvidia rigs. If you think that they both are equally affected then you can see the price difference in upcoming days b/w AMD and NVdia cards. AMD cards are going to become cheaper, I am already seeing the price cuts happening with AMD.
Monero will be the way!
2 days for the FORK!
2 days for the FORK!
It will be even worse. All of ETH miners will jump in along with those who were already going to mine it. Difficulty will skyrocket.
This thing is not even a ASIC, it like a more compact panda miner but it will have an affect that no other ASIC ever had. It will disrupt the whole gpu mining network.
But I do think for some reasons that GPU miners are big believers and pillars of Ethereum. So most probably devs will change the algo but what good will it do if this is not an ASIC ?
The only soln. will be if Nvidia and/or AMD develops a new gpu which will be very efficient in mining or we need some coins that can challenge the market capital of ETH.
Do you think that AMD cards will be completely out of the mining game now due to ethash miners ? What is the future of Vega rigs now ?
Is there any possibility that AMD will manufacture a new gpu with mining in mind ?
Is there any possibility that AMD will manufacture a new gpu with mining in mind ?
Why are you solo-ing out AMD cards? NVIDIA cards are as much affected as AMD card at this time. Difficulty affects everyone regardless and the bitmain E3 is more efficient than both AMD or NVIDIA. Could you elaborate why AMD cards are dead and NVIDIA are not? As far as i know AMD cards are even more power efficient than NVIDIA cards once modded.
Monero will be the way!
2 days for the FORK!
2 days for the FORK!
If you already have a mining rig with a properly fine tuned, bios modded 6x AMD cards ( rx 470-480-570-580 ), that rig basically can give you the exact hashrate/power usage just like the new E3's on ETH. If you are thinking to buy new cards right now to build a mining rig ... FORGET THAT !!!
There is some another factors you need to consider :
ETH might going to have a hard fork ,or going to POS before those E3's going to reach the customers, So there is a good chance E3's will be the same as D3's...
The biggest problem the network hashrate / difficulty is going to go the moon ... So ETH mining is likely not going to be profitable anymore, if coin prices going to stay on today levels ...
Miners going to move they rigs to mine another coins, those coins difficulty going to grow like crazy, basically killing the mining profitability for those coins.
Good job bitmain !!!
There is some another factors you need to consider :
ETH might going to have a hard fork ,or going to POS before those E3's going to reach the customers, So there is a good chance E3's will be the same as D3's...
The biggest problem the network hashrate / difficulty is going to go the moon ... So ETH mining is likely not going to be profitable anymore, if coin prices going to stay on today levels ...
Miners going to move they rigs to mine another coins, those coins difficulty going to grow like crazy, basically killing the mining profitability for those coins.
Good job bitmain !!!
will be fun in July trolls, million units of the e3 + millions of units of nvidia volta hehe, eth difficulty 5x of today hehe. Today 3.3, in august 23.7 hehe
Only morons still mine ETH. There are countless more profitabla coins out there. Even ethash ones. But it takes time and dedication to follow the crypto world and know.
To be honest I am not even sure ETH is going to recover from this fall.
It doesn't matter if you mine ETH or not. This will affect all the coins.
Right now either newbies or big farms are the one who mine ETH. Now due to these Bitmain miners they switch to other coins.
They will come after your coin and increase the difficulty. Doesn't looks too good now eh ?
will be fun in July trolls, million units of the e3 + millions of units of nvidia volta hehe, eth difficulty 5x of today hehe. Today 3.3, in august 23.7 hehe
Only morons still mine ETH. There are countless more profitabla coins out there. Even ethash ones. But it takes time and dedication to follow the crypto world and know.
To be honest I am not even sure ETH is going to recover from this fall.
All Bitmain products are just tagged as *new*.. In reality, they are beeing "tested" for more than 3 months there..
My friends ordered A3 and D3.. Both came and after week of mining 1 hash board went dead.. They are selling CRAP!
My friends ordered A3 and D3.. Both came and after week of mining 1 hash board went dead.. They are selling CRAP!
Yes but they will still sell and they will still mine.
Inevitable.
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