Topic: Baikal Giant N - Cryptonight, Cryptonight-lite FPGA/ASIC miner - page 38. (Read 32808 times)
GPU's and CPU's gonna be having a break from mining.
I am hear in one of chats what baikal dont making many asics how bitmain, and this miner cant change big, situation in difficulty
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.
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.
But the price to enter on a POS is very high at the moment, GPU you can purchase for less money
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.
Hi I have purchased 6 but have no idea where I'm looking for a power adaptor and PSU. Can someone point me in the right direction ?
Same problem, but I hope they will at least ship it with the 6pin adapter, then you just have to buy some cheap laptop PSU at least 100W I would say.They have said they won't
Any ideas where find an adaptor ? Fate of this asic is sealed after fork, no asic is good for crypto, they sell it only when its no more profitable. Asic buyers are always losers (hello bitmain d3 buyers).
Unfortunately, people never learn from the past... just for remainder, here is a thread from Bitmain D3 owners, it will worth to see before buy new ASIC.
https://bitcointalk.org/index.php?topic=2029822.6140
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 .
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 .
Fate of this asic is sealed after fork, no asic is good for crypto, they sell it only when its no more profitable. Asic buyers are always losers (hello bitmain d3 buyers).
Remember guys, the main proposal of cryptos in general is Decentralization
Asics and big farms are total against Decentralization, we are losing focus here, we can say NO to every Asic and DO NOT BUY these craps
Asics and big farms are total against Decentralization, we are losing focus here, we can say NO to every Asic and DO NOT BUY these craps
Totally agree!!! Plus, just about EVERY cryptonote coin has used "anti ASIC" or "ASIC resistant" as one of their selling points. It's time for every one of these projects to live up to that promise and support the CPU/GPU miners that have built them up.
We have to spread this, lets see what devs will do to prevent Asics
You make me laugh, have you ever been to a mining farm ?
Go and see how many GPUs they have ...... and then come and talk for Decentralization
I know about farms, but the main reason for cryptos is decentralization...right? Or I have to teach you?
It's not only me, but the devs of cryptonight coins are doing something to prevent this bs
I'm on cryptos because every single person can mine and give security to the network, and also it's a fair game
If the day of only asics and big farms come, I will leave cryptos
Would someone be able to share the Baikal payment details they have received for their Giant N order?
Thanks.
I have the same question.Thanks.
I sent order yesterday and still no payment details.
TurtleCoin is officially against ASIC:
https://medium.com/@turtlecoin/take-your-baikal-and-shove-it-up-your-asic-b05c96187790
Triton is also against it:
https://tritonproject.org/2018/03/13/triton-tuesday-3-13-2018/
Small & recent cryptonight coins, but it's good to see that there's more developers against ASIC mining on cryptonight.
I would like to know the official Electroneum position on this.
They first would need someone to do it for them https://medium.com/@turtlecoin/take-your-baikal-and-shove-it-up-your-asic-b05c96187790
Triton is also against it:
https://tritonproject.org/2018/03/13/triton-tuesday-3-13-2018/
Small & recent cryptonight coins, but it's good to see that there's more developers against ASIC mining on cryptonight.
I would like to know the official Electroneum position on this.
Look at their Github
TurtleCoin is officially against ASIC:
https://medium.com/@turtlecoin/take-your-baikal-and-shove-it-up-your-asic-b05c96187790
Triton is also against it:
https://tritonproject.org/2018/03/13/triton-tuesday-3-13-2018/
Small & recent cryptonight coins, but it's good to see that there's more developers against ASIC mining on cryptonight.
I would like to know the official Electroneum position on this.
https://medium.com/@turtlecoin/take-your-baikal-and-shove-it-up-your-asic-b05c96187790
Triton is also against it:
https://tritonproject.org/2018/03/13/triton-tuesday-3-13-2018/
Small & recent cryptonight coins, but it's good to see that there's more developers against ASIC mining on cryptonight.
I would like to know the official Electroneum position on this.
Remember guys, the main proposal of cryptos in general is Decentralization
Asics and big farms are total against Decentralization, we are losing focus here, we can say NO to every Asic and DO NOT BUY these craps
Asics and big farms are total against Decentralization, we are losing focus here, we can say NO to every Asic and DO NOT BUY these craps
Totally agree!!! Plus, just about EVERY cryptonote coin has used "anti ASIC" or "ASIC resistant" as one of their selling points. It's time for every one of these projects to live up to that promise and support the CPU/GPU miners that have built them up.
We have to spread this, lets see what devs will do to prevent Asics
Sorry - GPU mining is dying off. Let's accept it and move on...
If you change the PoW regually, then GPU mining will continue.
No that won’t happen either. How many times do you want to worry about being on the right side of the fork. Miners tired of scrambling to make certain they aren’t going to lose their shirt because some devs have a hissy fit and don’t like how someone uses their coin lmao. This really is turning into a shit show.
Monero announce to fork for new algorithm to prevent this baikal shit asic.
Ipbc too, and i hope this shit will be destroyed
Ipbc too, and i hope this shit will be destroyed
Well it looks like the scumbags at baikal have been mining 75% of all the new monero
blocks for the past 3 months, and now that the monero team is forking, the only coin worthwhile
will be unmineable to them i guess thats why baikal is dumping all these miners now.
This is very interesting. Cryptonight mined by Vega cards used to be (by far) the most profitable mining setup. Then, despite the fact of a total shortage of Vega cards, difficulty on the cryptonight coins went up, and the Vega cards became way less profitable, despite no more Vega cards supplied to the market. Which agrees with your statement that the increased difficulty was due to Baikal mining.
However, in my opinion Electroneum has a very bright future. If ETN is not forking, I'd say the miner is worth it just for that.
Etn premise for value is that it can be mobile mined with your smart phone. How many etn do you expect to receive when ASICS are on scene. It be like trying to mine btc with your laptop. Lmao. This asic is the nail in coffin for gpu. If it becomes too profitable for gpu always an asic will be born. Get off your fantasy’s of decentralized coins. Not only is it inefficient it doesn’t work at scale.
Remember guys, the main proposal of cryptos in general is Decentralization
Asics and big farms are total against Decentralization, we are losing focus here, we can say NO to every Asic and DO NOT BUY these craps
Asics and big farms are total against Decentralization, we are losing focus here, we can say NO to every Asic and DO NOT BUY these craps
Totally agree!!! Plus, just about EVERY cryptonote coin has used "anti ASIC" or "ASIC resistant" as one of their selling points. It's time for every one of these projects to live up to that promise and support the CPU/GPU miners that have built them up.
We have to spread this, lets see what devs will do to prevent Asics
Sorry - GPU mining is dying off. Let's accept it and move on...
If you change the PoW regually, then GPU mining will continue.
How i understand these miners developed long time ago and used by developers for mining cryptonight, and now he want sell him?
Miner developers (Baikal) use them while it is extra profitable, (why sell something, what make you extra high profit, without any competition, they mined quietly) and after they spoil the diff. and profitability start to fall, they start selling units.
Yup and this has been previously done by Bitmain and others, they "test mine" with their product for a couple of months typically before general public release. Just look at what happened on the SIA network, it was clear Bitmain had them running about 45 days before release if you look at the overall network hashrate.
These most recent miners are profitable, for the companies that produce them and the first few people that receive them. After that their value tanks.
Since Monero and I suspect other algos will are/will fork away from this Asic, it's long term value is highly questionable.
I wouldn't touch this device unless it could be had dirt cheap because of the risks of forks invalidating it.
How i understand these miners developed long time ago and used by developers for mining cryptonight, and now he want sell him?
Miner developers (Baikal) use them while it is extra profitable, (why sell something, what make you extra high profit, without any competition, they mined quietly) and after they spoil the diff. and profitability start to fall, they start selling units.
How i understand these miners developed long time ago and used by developers for mining cryptonight, and now he want sell him?
No devs but a ASIC company called Baikal.There are reports by some members that major coins mined by that machine have announced to change their algorithm thus rendering the machines useless, unless Baikal add support for 5 more algorithms as is case with all its major miners and philosophy of Multi-Algo miner
Also it risk competition from Bitmain who is notorious in killing all other ASICs by surprise.
And on top of that Baikal is loosing more business due to imposed MoQs.
Many miners are not ordering from Baikal and just skipping the resellers due to the $700 to $1000 top up of resellers.
Infact keeping in view volatile market the best thing would be that Baikal introduce pricing of $1200 to $2000 range and they can see huge sales.
Thanks.
Remember guys, the main proposal of cryptos in general is Decentralization
Asics and big farms are total against Decentralization, we are losing focus here, we can say NO to every Asic and DO NOT BUY these craps
Asics and big farms are total against Decentralization, we are losing focus here, we can say NO to every Asic and DO NOT BUY these craps
Totally agree!!! Plus, just about EVERY cryptonote coin has used "anti ASIC" or "ASIC resistant" as one of their selling points. It's time for every one of these projects to live up to that promise and support the CPU/GPU miners that have built them up.
We have to spread this, lets see what devs will do to prevent Asics
You make me laugh, have you ever been to a mining farm ?
Go and see how many GPUs they have ...... and then come and talk for Decentralization
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