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Topic: Baikal Giant N - Cryptonight, Cryptonight-lite FPGA/ASIC miner - page 37. (Read 32808 times)

sr. member
Activity: 512
Merit: 260
I really wish people would stop calling FPGA's ASICs.  Baikal (so far) has only made FPGA mining rigs.  There is a huge difference between an FPGA and an ASIC.  An FPGA is not that much different from a GPU.  Anyone can get one.  Anyone can buy a Zynq FPGA board from digikey for $89-$199, or a higher end one for more money, and if you take a little while to learn how to program it, you can hash any algorithm except equihash & ethash.  Furthermore, your ROI will be better than a GPU in almost every case, in some cases dramatically better (as Baikal showed with the X10 and Giant-B).

ASIC's on the other hand are NOT available to everyone.  First you need the software (Synopsys, which costs $500K), then you need at least $3 million USD for the first batch of chips (assuming you can find a billion dollar fab that wants to run your project), and most likely the first revision fails and needs at least another $3 million for another revision.

So:
CPU's + GPU's + FPGA's = available for everyone, can be programmed by anyone with extremely low cost or free tools
ASIC = extremely expensive and not feasible for an individual

I'm working on my own FPGA rig and I suggest other people do the same.  It also allows you to stay ahead of the curve, especially on smaller altcoins.  Baikal is good at making FPGA mining equipment, good for them.  Embrace change and advancement. 

And for those who are wondering, 60W for 20,000 hash on Cryptonight is absolutely feasible for a single FPGA with multiple external SRAM's.

And for those who want to develop their own FPGA rigs, make sure to analyze the algorithm(s) you want to implement, and choose the best board for the task in terms of the amount of internal memory the FPGA has vs. the amount of logic cells & DSP slices.



I wish I had your time and skill.
sr. member
Activity: 512
Merit: 260
Fate of this asic is sealed after fork, no asic is good for crypto,

And No GPU is good for Crypto neither, only decentralization is good for crypto, all major coins sooner or later should switch to POS instead POW, its the only way Crypto will rule the future.

PoS is a stupid idea by design.

I agree as POS =  centralization for whales.

All that the a central bank needs to do to destroy crypto that is pos is to buy the coin using free printed papper notes. 
full member
Activity: 363
Merit: 100
depends on how much will be released, and as far as I know another organization also announced their device
copper member
Activity: 166
Merit: 84
I really wish people would stop calling FPGA's ASICs.  Baikal (so far) has only made FPGA mining rigs.  There is a huge difference between an FPGA and an ASIC.  An FPGA is not that much different from a GPU.  Anyone can get one.  Anyone can buy a Zynq FPGA board from digikey for $89-$199, or a higher end one for more money, and if you take a little while to learn how to program it, you can hash any algorithm except equihash & ethash.  Furthermore, your ROI will be better than a GPU in almost every case, in some cases dramatically better (as Baikal showed with the X10 and Giant-B).

ASIC's on the other hand are NOT available to everyone.  First you need the software (Synopsys, which costs $500K), then you need at least $3 million USD for the first batch of chips (assuming you can find a billion dollar fab that wants to run your project), and most likely the first revision fails and needs at least another $3 million for another revision.

So:
CPU's + GPU's + FPGA's = available for everyone, can be programmed by anyone with extremely low cost or free tools
ASIC = extremely expensive and not feasible for an individual

I'm working on my own FPGA rig and I suggest other people do the same.  It also allows you to stay ahead of the curve, especially on smaller altcoins.  Baikal is good at making FPGA mining equipment, good for them.  Embrace change and advancement. 

And for those who are wondering, 60W for 20,000 hash on Cryptonight is absolutely feasible for a single FPGA with multiple external SRAM's.

And for those who want to develop their own FPGA rigs, make sure to analyze the algorithm(s) you want to implement, and choose the best board for the task in terms of the amount of internal memory the FPGA has vs. the amount of logic cells & DSP slices.

full member
Activity: 364
Merit: 106
ONe Social Network.

For sure they already made a good profit, and after monero announced an algo modification, probably a new strategy, sell the miners and get even more profit. After this, develop new one for the coming algo...

im pretty sure they already have them ready to go and justwait for 28 of march to switch them on Cheesy
hero member
Activity: 1034
Merit: 500

For sure they already made a good profit, and after monero announced an algo modification, probably a new strategy, sell the miners and get even more profit. After this, develop new one for the coming algo...
copper member
Activity: 2898
Merit: 1464
Clueless!
Nobody is buying these, the algos are changing soon so will make this an expensive doorstop. Not good news for Baikal, maybe they didn't know about it.

They did what they always have..they mined with this puppy for months....so big whoop they get their hand slapped and don't dump them on us..they

still likely killed it $$$ wise...
sr. member
Activity: 488
Merit: 322
Nobody is buying these, the algos are changing soon so will make this an expensive doorstop. Not good news for Baikal, maybe they didn't know about it.
jr. member
Activity: 182
Merit: 2
BAIKAL doesn't have so much success cashing out with BAIKAL N doorstops,
28th of March Monero will fork ....expect to see BAIKAL N selling for free ... Grin Grin Grin

People and Investors woke up and not buying
newbie
Activity: 28
Merit: 0
one of the main idea behind crypto is decentralization . and if one company or even two control the mining , then that basic principle is destroyed
what i like about monero is that it can be mined using GPU , CPU . so AMD and Nividia cant control it .

i will quit buying or trading on Monero if they went to ASIC .



How do 1 or 2 companies own mining exactly?  Using your argument you could say that Nvidia and AMD control all of GPU mining.  Producing products to mine does not equal centralization.

Producing products to mine doesn't equal centralization. The road to centralization starts with the large capital investment that's required when ASICs enter the picture. We've all seen this play out before.

Personally, I'm going to support projects that actually back up their words with actions. We don't have to roll over and just take this shit.  
full member
Activity: 345
Merit: 131
I don't think it's worth it.  I mean this is insane but at the same time too expensive.  Looks like they're compacting GPU chips into one miner.  I'm going to wait for the Nvidia 2000 series. 
full member
Activity: 406
Merit: 105
Chosŏn Minjujuŭi Inmin Konghwaguk
Whoa, 60 watts and MOQ of 6. Not everyone get hold on this. Too expensive even though against the risk of the coin forked to avoid these ASIC.


Yeah I agree...at 60 watts it is likely to be FPGA and thus they can tweak the firmware for other coins of that type it is made for...but if EVERYONE

is going to fork their coins, that run with this machine, well....it could be an expensive doorstop ...even before shipping.


Is there a thread or a running list of LIKELY coins that ACTUALLY will fork ...to kill this ASIC ...or is it just noise and drama, for the most part?



Monero is definitely forking with new pow on the 28th, already merged in master.

100% fake.
Who will sell a chicken who lays golden eggs?
It used to lay golden eggs, now it will only lay shit.
copper member
Activity: 2898
Merit: 1464
Clueless!
Whoa, 60 watts and MOQ of 6. Not everyone get hold on this. Too expensive even though against the risk of the coin forked to avoid these ASIC.


Yeah I agree...at 60 watts it is likely to be FPGA and thus they can tweak the firmware for other coins of that type it is made for...but if EVERYONE

is going to fork their coins, that run with this machine, well....it could be an expensive doorstop ...even before shipping.


Is there a thread or a running list of LIKELY coins that ACTUALLY will fork ...to kill this ASIC ...or is it just noise and drama, for the most part?

jr. member
Activity: 92
Merit: 1
Whoa, 60 watts and MOQ of 6. Not everyone get hold on this. Too expensive even though against the risk of the coin forked to avoid these ASIC.
eeX
hero member
Activity: 961
Merit: 500
Soldo.IN [SLD]
100% fake.
Who will sell a chicken who lays golden eggs?
member
Activity: 195
Merit: 15
anyone have this shipped?  Huh Huh Huh
full member
Activity: 210
Merit: 100
Borderless for the People, Frictionless for the Ba
I thought I was going to dig ETH, and the whole net was fired, and it felt like it was too expensive.
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
PoS has failed in pretty much every implementation in every single coin in crypto history. There’s a reason most coins today use some form of PoW. PoW is still the better option by far compared to PoS, and it’ll likely stay that way with algo changes to keep ASICs out on some coins for a very long time.
full member
Activity: 1179
Merit: 131
one of the main idea behind crypto is decentralization . and if one company or even two control the mining , then that basic principle is destroyed
what i like about monero is that it can be mined using GPU , CPU . so AMD and Nividia cant control it .

i will quit buying or trading on Monero if they went to ASIC .



How do 1 or 2 companies own mining exactly?  Using your argument you could say that Nvidia and AMD control all of GPU mining.  Producing products to mine does not equal centralization.
sr. member
Activity: 616
Merit: 279
It seems like every active cryptonight coin will follow the hard fork Monero will do to counteract this new ASIC.

I think this will also sort out all the coins that will make it in the future because having ASICs for new coins is always a bad idea (disregarding the algorithm).

In my opinion the coin needs to be well established and with a decent trade volume created by real investors before ASICs can be introduced to help the soon to be congested network.

All in all, I would suggest not investing into this ASIC unless you can manage to get a profit quickly and then get out fast.
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