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Topic: ASIC Testing on Scrypt? - page 8. (Read 17434 times)

hero member
Activity: 574
Merit: 500
September 02, 2013, 02:25:05 AM
#49
1) It IS an ex BTC miner.
Correct, and it is an ASIC for Scrypt. And he still mines BTC too.

There is no ASIC for scrypt !!!  stop speaking FUD
newbie
Activity: 56
Merit: 0
September 02, 2013, 02:20:13 AM
#48
1) It IS an ex BTC miner.
Correct, and it is an ASIC for Scrypt. And he still mines BTC too.

Oh wow!
sr. member
Activity: 291
Merit: 250
September 02, 2013, 02:13:29 AM
#47
1) It IS an ex BTC miner.
Correct, and it is an ASIC for Scrypt. And he still mines BTC too.

What...  He's an ex BTC GPU miner...

He's THE ex BTC GPU miner.

Oh wow.  This is getting interesting, and I like it.
legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
September 02, 2013, 02:08:40 AM
#46
1) It IS an ex BTC miner.
Correct, and it is an ASIC for Scrypt. And he still mines BTC too.

What...  He's an ex BTC GPU miner...

He's THE ex BTC GPU miner.
member
Activity: 60
Merit: 10
September 02, 2013, 02:01:46 AM
#45
1) It IS an ex BTC miner.
Correct, and it is an ASIC for Scrypt. And he still mines BTC too.

What...  He's an ex BTC GPU miner...
legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
September 02, 2013, 01:52:37 AM
#44
1) It IS an ex BTC miner.
Correct, and it is an ASIC for Scrypt. And he still mines BTC too.
member
Activity: 81
Merit: 1002
It was only the wind.
September 01, 2013, 08:33:55 PM
#43
Surely it is only a matter of time before someone invents a scrypt fpga or asic.. Could this be the first?

FPGA, yes, but that won't push GPU mining out. ASIC, maybe in 25 years or so.

Buying more hardware to mine or mining in general will slowly become a zero sum game now even for scrypt.  Buy a ton of PoS coins and just log on your client once a week to mine your stake.

No heat, no botnets,no fpga, no asic, no worries

This is just stupid. You have no guarantee your PoS altcoin will be worth anything. While that's also true for mining any cryptocoin, BTC & LTC are far less likely to become worthless tomorrow. Additionally, if everyone used your retarded logic, there would be no miners, quickly followed by no coins.


Mining is a waste of resources , with the exception of maybe primecoin. It's also dead for most, much better vehicles for massive ROI available if you look.

The logic is sound, for example, Most blocks from PPC are now from stake generation not miners.. yet there is still a coin.. when there is no miners, there will still be the coin, hence the only retarded logic is to not consider other options going forward.


Yes, mining is a waste of resources. It's also a brilliant way to solve the problem of initially distributing your currency. Mining is not in any way dead for most, and if there were easy vehicles for massive ROI, they would be raped until they no longer existed, or the ROI was tiny.

Also, I'm not saying PoS won't work, I'm saying PPCoin could disappear tomorrow and very few people would care or even know. Bitcoin, on the other hand, is here to stay.
member
Activity: 112
Merit: 10
September 02, 2013, 12:17:55 AM
#43

1) It IS an ex BTC miner.
2) Probably not, CPUs are extremely terrible at mining LTC
3) It is, cos he's finding blocks
4) FPGAs are hardly faster than GPUs, even in BTC land.  THey cost just as much if not more, but they take less power to run.  It's their only advantage.

About this, it's possible:

Only needs 5 mh/s per infected PC : 400,000 infected pc * 5 mh/s = 2 000,000 mh/s, and is very secure than more than 100 000 pcs can give more than 5 mh/s Wink

One problem with your logic: There's no way in hell you're going to get 5 MH/s per PC. Even if they're an insanely hardcore gamer, with 4 7970s (or two 7990s) in crossfire, AND he's stupid enough to not notice your malware maxing out his GPUs (a long shot), you'd only get 3MH/s. That kind of person is literally probably one in ten million. Realistically, you'll be lucky to get more than 30kh/s out of each bot, and I am being generous. So, let's see how many bots it'd REALLY take: 1,920,385 / 30 = 64,013 bots. Which is definitely doable, there are botnets in the hundreds of thousands and probably millions of systems. Looking back at your math, I don't even see what you're talking about. The guy is mining with 2M kh/s, not 2M MH/s...

ok, my bad,sorry. i change the kh/s per mh/s
member
Activity: 112
Merit: 10
September 01, 2013, 10:27:49 PM
#42

1) It IS an ex BTC miner.
2) Probably not, CPUs are extremely terrible at mining LTC
3) It is, cos he's finding blocks
4) FPGAs are hardly faster than GPUs, even in BTC land.  THey cost just as much if not more, but they take less power to run.  It's their only advantage.

About this, it's possible:

Only needs 5 kh/s per infected PC : 400,000 infected pc * 5 kh/s = 2 000,000 kh/s, and is very secure than more than 100 000 pcs can give more than 5 kh/s Wink
sr. member
Activity: 291
Merit: 250
September 01, 2013, 10:21:50 PM
#41
Shocked

but really it isn't that surprising. How much GPU mining hardware exists in the world. This guy probably doesn't have 0.5% of the total out there.
It is still quite a bit.  Holy crap I would like to see all that hardware.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
September 01, 2013, 10:09:05 PM
#40
 Shocked

but really it isn't that surprising. How much GPU mining hardware exists in the world. This guy probably doesn't have 0.5% of the total out there.
member
Activity: 60
Merit: 10
September 01, 2013, 09:47:46 PM
#39
Can anybody confirm who and what this this 2600 Giga is ..

1)Is it a ex BTC miners ?
2) Is it a botnet ?
3) Is it the real deal
4) is it a new FGPA farm or 800 rigs ?


Is it growing Huh... Do we need to send a Predator  missile strike against this new threat   Cool




1) It IS an ex BTC miner.
2) Probably not, CPUs are extremely terrible at mining LTC
3) It is, cos he's finding blocks
4) FPGAs are hardly faster than GPUs, even in BTC land.  THey cost just as much if not more, but they take less power to run.  It's their only advantage.
member
Activity: 81
Merit: 1002
It was only the wind.
September 01, 2013, 06:49:02 PM
#38
Surely it is only a matter of time before someone invents a scrypt fpga or asic.. Could this be the first?

FPGA, yes, but that won't push GPU mining out. ASIC, maybe in 25 years or so.

Buying more hardware to mine or mining in general will slowly become a zero sum game now even for scrypt.  Buy a ton of PoS coins and just log on your client once a week to mine your stake.

No heat, no botnets,no fpga, no asic, no worries

This is just stupid. You have no guarantee your PoS altcoin will be worth anything. While that's also true for mining any cryptocoin, BTC & LTC are far less likely to become worthless tomorrow. Additionally, if everyone used your retarded logic, there would be no miners, quickly followed by no coins.
hero member
Activity: 868
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
September 01, 2013, 08:56:07 PM
#38
Surely it is only a matter of time before someone invents a scrypt fpga or asic.. Could this be the first?

FPGA, yes, but that won't push GPU mining out. ASIC, maybe in 25 years or so.

Buying more hardware to mine or mining in general will slowly become a zero sum game now even for scrypt.  Buy a ton of PoS coins and just log on your client once a week to mine your stake.

No heat, no botnets,no fpga, no asic, no worries

This is just stupid. You have no guarantee your PoS altcoin will be worth anything. While that's also true for mining any cryptocoin, BTC & LTC are far less likely to become worthless tomorrow. Additionally, if everyone used your retarded logic, there would be no miners, quickly followed by no coins.


Mining is a waste of resources , with the exception of maybe primecoin. It's also dead for most, much better vehicles for massive ROI available if you look.

The logic is sound, for example, Most blocks from PPC are now from stake generation not miners.. yet there is still a coin.. when there is no miners, there will still be the coin, hence the only retarded logic is to not consider other options going forward.


Go invest in a Ponzi scheme if you want massive ROI.

hero member
Activity: 574
Merit: 500
September 01, 2013, 08:06:45 PM
#37
Surely it is only a matter of time before someone invents a scrypt fpga or asic.. Could this be the first?

FPGA, yes, but that won't push GPU mining out. ASIC, maybe in 25 years or so.

Buying more hardware to mine or mining in general will slowly become a zero sum game now even for scrypt.  Buy a ton of PoS coins and just log on your client once a week to mine your stake.

No heat, no botnets,no fpga, no asic, no worries

This is just stupid. You have no guarantee your PoS altcoin will be worth anything. While that's also true for mining any cryptocoin, BTC & LTC are far less likely to become worthless tomorrow. Additionally, if everyone used your retarded logic, there would be no miners, quickly followed by no coins.


Mining is a waste of resources , with the exception of maybe primecoin. It's also dead for most, much better vehicles for massive ROI available if you look.

The logic is sound, for example, Most blocks from PPC are now from stake generation not miners.. yet there is still a coin.. when there is no miners, there will still be the coin, hence the only retarded logic is to not consider other options going forward.


You are retarded..lolz

legendary
Activity: 910
Merit: 1000
PHS 50% PoS - Stop mining start minting
September 01, 2013, 07:59:24 PM
#36
Surely it is only a matter of time before someone invents a scrypt fpga or asic.. Could this be the first?

FPGA, yes, but that won't push GPU mining out. ASIC, maybe in 25 years or so.

Buying more hardware to mine or mining in general will slowly become a zero sum game now even for scrypt.  Buy a ton of PoS coins and just log on your client once a week to mine your stake.

No heat, no botnets,no fpga, no asic, no worries

This is just stupid. You have no guarantee your PoS altcoin will be worth anything. While that's also true for mining any cryptocoin, BTC & LTC are far less likely to become worthless tomorrow. Additionally, if everyone used your retarded logic, there would be no miners, quickly followed by no coins.


Mining is a waste of resources , with the exception of maybe primecoin. It's also dead for most, much better vehicles for massive ROI available if you look.

The logic is sound, for example, Most blocks from PPC are now from stake generation not miners.. yet there is still a coin.. when there is no miners, there will still be the coin, hence the only retarded logic is to not consider other options going forward.
member
Activity: 81
Merit: 1002
It was only the wind.
September 01, 2013, 04:29:17 PM
#35
It's power is from outside of litecoin network, because of him the litecoin diffculty is increasing heavily and network total hash is above 30GH/s now.

As long as we know, no one can make this big farm of gpu, it should be something else.

Maybe a bitcoin mining pool that pointed to litecoin and all of it's users changed their cgminer settings as well. (BTW, if this assumption would be correct, we should know that pool in forums that converted from bitcoin to litecoin with all of its users, do you know any??)

Uh, someone CAN make a GPU farm that big. It's about 250 rigs, which sure as hell isn't peanuts, but it's doable.

You need to check your math: 1,920,385 / 250 rigs = 7681.54 KH / Machine. I don't know of anyone making 7.68 MH / machine. That's not ever feasible with 8x 7970. Even if you give them a liberal estimate of 2500 kh / machine that's 768.xx rigs or 3072 7970/7950.

Whoops, yeah, I think you're right. My bad.

But 2500kh/s per machine isn't a liberal estimate at all. Most people run 6x7950, so that would be 6x650 = 3900kh/s per rig. Considering 7950s sometimes hit around 680+, I'd say 4MH/s per rig is reasonable. So, 1,920,385 / 4000kh/s = 480.09625. So basically 480 rigs. If they are using 7970s (why any sane large scale miner would do so is beyond me), then 6x750 = 4500kh/s per rig. Still doable if you're a corporation, maybe, but likely outside the realm of an individual. It could also be a pool pointing at another pool to reduce variance.

Your numbers are still really friendly. This is a 240 MH/s farm.
https://bitcointalksearch.org/topic/--7216

Those look like various IBM redundant PSU. At least 1460 watts, I'd say. FYI you can get 2000 watt bladecenter PSU on ebay pretty cheap! ($60 or less).
you are right,it is DELL ,very cheap,  600 * MSI 7850  1G , About 240Mhs and 250LTC/day

Now, with that in mind think of what 8X that would be...

I know, but I still think it's within the range of a corporation.

Some how I think we're getting screwed here...

Agreed! This all came on the network really quickly and now there's a second account that popped up with 1,000,978 KH/s, zebbsd. I think this has to be some sort of exploit that people are taking advantage of much like the semi recent stratum exploit that caused large gains in hashrate.

I doubt it. Someone said earlier that the huge hash miners are finding blocks. Exploits don't find blocks unless someone's exploited a weakness in several hashing algorithms, and since that's INSANELY unlikely...
member
Activity: 112
Merit: 10
September 01, 2013, 07:45:45 PM
#35
https://www.weminecryptos.com/forum/topic/372-asic/

An admin of Wemineltc said he talked to the guy and he is supposedly "moving his hashrate from BTC to LTC"

And it's not fake. In 14 hours, LTC difficulty will hit over 1,100 for the first time (as far as I know).

Another thing. How purchase in the start vga for mining bitcoin? it's more cheap buy an ASIC, than vgas for $600,000 (less electricity power, heat, noise, space,etc)
hero member
Activity: 574
Merit: 500
September 01, 2013, 07:41:51 PM
#34
Can anybody confirm who and what this this 2600 Giga is ..

1)Is it a ex BTC miners ?
2) Is it a botnet ?
3) Is it the real deal
4) is it a new FGPA farm or 800 rigs ?


Is it growing Huh... Do we need to send a Predator  missile strike against this new threat   Cool


legendary
Activity: 910
Merit: 1000
PHS 50% PoS - Stop mining start minting
September 01, 2013, 06:11:21 PM
#33
Buying more hardware to mine or mining in general will slowly become a zero sum game now even for scrypt.  Buy a ton of PoS coins and just log on your client once a week to mine your stake.

No heat, no botnets,no fpga, no asic, no worries
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