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Topic: ASICS (Read 927 times)

hero member
Activity: 574
Merit: 500
January 27, 2014, 12:41:05 PM
#9
except as a heat source
Now that's a new use  Wink , warmers prices are "to the moon" in winter you know so even if you don't want it you could sell it in a garage sale.
But anyway if BTC is still here you don't need to.
legendary
Activity: 2394
Merit: 1216
The revolution will be digital
January 27, 2014, 12:29:00 PM
#8
it'd be almost impossible to brute-force for the future except to the national secret agency

National Security Agency
member
Activity: 70
Merit: 10
January 27, 2014, 12:04:04 PM
#7
The hybrid scheme is the way to secure transmissions
member
Activity: 70
Merit: 10
January 27, 2014, 10:27:33 AM
#6
it'd be almost impossible to brute-force for the future except to the national secret agency
donator
Activity: 1218
Merit: 1015
January 27, 2014, 06:11:09 AM
#5
Theoretically (as in, out of my uneducated ass), I suppose you could increase the number of passes required for SHA-256 password schemes to ridiculous lengths. If it takes 500 quintillion hashes to unlock something, it'd be practically impossible to brute-force for the foreseeable future except by other former miners, and maybe the NSA if they decide it's worth their time to spend resources on this bizarre cryptographic "super-niche." Since it's basically useless except as a heat source, you can have your ASICs going 24/7 to encrypt (and decrypt) sensitive documents for corporations, though I'm unsure if you can distribute that in a way where the data isn't revealed to the encryptors/decrypters (though I suppose you get some psuedo-security by decentralizing the work).

With the Scrypt ASICs coming out, assuming they show substantial improvement and become obsolete or irrelevant, you could combine the two ASICs to create a SHA-256/Scrypt hybrid scheme, where they work in parallel on the two sets of problems.
legendary
Activity: 2394
Merit: 1216
The revolution will be digital
January 27, 2014, 06:03:12 AM
#4
If bitcoin died what could we use all our ASICS for? Surely there must be some other use for them...

May be sold as heritage instrument to museum.
hero member
Activity: 728
Merit: 500
January 27, 2014, 05:55:07 AM
#3
If bitcoin died what could we use all our ASICS for? Surely there must be some other use for them...

Other SHA-256 coins (though if Bitcoin dies, those other coins will likely die alongside it) and electrical heating. That's it.
full member
Activity: 163
Merit: 100
January 27, 2014, 05:51:39 AM
#2
I dont think there is much use for them! Maybe heating! hahah
member
Activity: 91
Merit: 10
January 27, 2014, 05:34:30 AM
#1
If bitcoin died what could we use all our ASICS for? Surely there must be some other use for them...
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