K , someone has been screwing with
https://en.bitcoin.it/wiki/Mining_hardware_comparison
I will go in and re-edit it.
FIXED!!!!!
Topic: bitcoin will change the hashing algo and render all the BFL shit useless!! HAHA (Read 8541 times)
October 25, 2012, 11:25:51 PM
October 25, 2012, 09:20:35 PM
You forgot the o. http://www.butterflylabs.com/order-form-bitforce-sc-jalapeno
October 25, 2012, 08:53:07 PM
October 25, 2012, 08:09:39 PM
Everyone can buy a $140 jalapeno. Not everyone can buy a $5000 mining rig or operate it.
ASIC will actually increase the distributed mining capability.
ASIC will actually increase the distributed mining capability.
October 25, 2012, 08:05:58 PM
Nope!!!!
Application Specific Integrated Circuit.
Mathematics is an application, by implementing the mathematical functions inside the ASIC as routines then building a micro coded state-machine engine that can load a micro program from either ROM or a stream, the "ASIC" can be re-puropsed based on the original trolls assumption of an algorithm change, screwing over the ASICS.
However IF the designers have hardcoded the function for SHA256 without a micro code engine, then any bug/change in the algorithm would potentially render the ASICS scrap.
consider it as
x=f(1)(f2)(f3)(f4)
instead of
x=1+2+3+4
Obviously it would only work within a given field, but it is still feasible and practiced today(intel microcoded CPU's)
HC.
Application Specific Integrated Circuit.
Mathematics is an application, by implementing the mathematical functions inside the ASIC as routines then building a micro coded state-machine engine that can load a micro program from either ROM or a stream, the "ASIC" can be re-puropsed based on the original trolls assumption of an algorithm change, screwing over the ASICS.
However IF the designers have hardcoded the function for SHA256 without a micro code engine, then any bug/change in the algorithm would potentially render the ASICS scrap.
consider it as
x=f(1)(f2)(f3)(f4)
instead of
x=1+2+3+4
Obviously it would only work within a given field, but it is still feasible and practiced today(intel microcoded CPU's)
HC.
October 23, 2012, 11:59:11 PM
Haha and the only ones who can adapt to the new algorithm will be those still holding GPUs.
And everyone who dumped their GPUs to recoup their investment and buy ASICs will be crying to buy the GPUs back.
That is juat SAD!!!!, FPGA's can also be re-purposed just by loading in a new *.Bit file.
So much for your 'theory'
Also ASIC can be repurposed IF......... they are designed correctly.....
HC
And everyone who dumped their GPUs to recoup their investment and buy ASICs will be crying to buy the GPUs back.
That is juat SAD!!!!, FPGA's can also be re-purposed just by loading in a new *.Bit file.
So much for your 'theory'
Also ASIC can be repurposed IF......... they are designed correctly.....
HC
Isn't that a complete contradiction of the term ASIC? Ask yourself that...
October 23, 2012, 10:13:23 PM
Haha and the only ones who can adapt to the new algorithm will be those still holding GPUs.
And everyone who dumped their GPUs to recoup their investment and buy ASICs will be crying to buy the GPUs back.
That is juat SAD!!!!, FPGA's can also be re-purposed just by loading in a new *.Bit file.
So much for your 'theory'
Also ASIC can be repurposed IF......... they are designed correctly.....
HC
And everyone who dumped their GPUs to recoup their investment and buy ASICs will be crying to buy the GPUs back.
That is juat SAD!!!!, FPGA's can also be re-purposed just by loading in a new *.Bit file.
So much for your 'theory'
Also ASIC can be repurposed IF......... they are designed correctly.....
HC
October 23, 2012, 03:34:30 AM
Quote
"The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime." -- Satoshi
the hashing algo is sure not part of the "core design".
August 23, 2012, 04:22:22 AM
new bitcoin hashing algo will use proof-of-stake and a memory-hard algo so that CPU mining will be the new thing.
lets see how many asic miners change to an algo that will make their hardware redundant
August 23, 2012, 03:04:18 AM
Big farms (>1 MW) are unlikely in short term because you'd eventually have to run a power plant to feed it. The practical limit for most miners is somwhere between 10 kW and 100 kW, which with an ASIC efficiency of 100MH/W corresponds to about 1-10TH.
http://wiredre.com/data-center-for-sale/
I am sure there will other datacenters and industrial sites that could be used too.
August 22, 2012, 08:17:44 AM
new bitcoin hashing algo will use proof-of-stake and a memory-hard algo so that CPU mining will be the new thing.
it seems to me you're on CRACK!!
August 22, 2012, 07:37:19 AM
sanity wants it to be that way.
we don´t need single crazy nodes with high hash power.
we need many nodes with expedient hashing power to keep the network alive and integer.
it´s what litecoin assessed to, bitcoin will be upright.
we don´t need single crazy nodes with high hash power.
we need many nodes with expedient hashing power to keep the network alive and integer.
it´s what litecoin assessed to, bitcoin will be upright.
There WILL be many nodes,instead of 1-2gh (most current GPU setups,like mine) they will be 5-20gh (like mine will be with 4 jallies).
From this (current GPU setups):
To this (more purpose built & streamlined) :
August 22, 2012, 04:28:53 AM
sanity wants it to be that way.
we don´t need single crazy nodes with high hash power.
we need many nodes with expedient hashing power to keep the network alive and integer.
it´s what litecoin assessed to, bitcoin will be upright.
we don´t need single crazy nodes with high hash power.
we need many nodes with expedient hashing power to keep the network alive and integer.
it´s what litecoin assessed to, bitcoin will be upright.
There WILL be many nodes,instead of 1-2gh (most current GPU setups,like mine) they will be 5-20gh (like mine will be with 4 jallies).
From this (current GPU setups):
To this (more purpose built & streamlined) :
August 22, 2012, 12:12:16 AM
sanity wants it to be that way.
we don´t need single crazy nodes with high hash power.
we need many nodes with expedient hashing power to keep the network alive and integer.
it´s what litecoin assessed to, bitcoin will be upright.
we don´t need single crazy nodes with high hash power.
we need many nodes with expedient hashing power to keep the network alive and integer.
it´s what litecoin assessed to, bitcoin will be upright.
Big farms (>1 MW) are unlikely in short term because you'd eventually have to run a power plant to feed it. The practical limit for most miners is somwhere between 10 kW and 100 kW, which with an ASIC efficiency of 100MH/W corresponds to about 1-10TH.
But there will be a lot of those 1TH miners... If things progress they way they do now I expect PetaHash/s around 2015.
August 21, 2012, 09:00:55 PM
sanity wants it to be that way.
we don´t need single crazy nodes with high hash power.
we need many nodes with expedient hashing power to keep the network alive and integer.
it´s what litecoin assessed to, bitcoin will be upright.
we don´t need single crazy nodes with high hash power.
we need many nodes with expedient hashing power to keep the network alive and integer.
it´s what litecoin assessed to, bitcoin will be upright.
August 21, 2012, 05:48:22 PM
It's basically impossible to change the hashing algorithm once ASICs arrive, even if it's necessary... How on earth are you going to get half the network to switch if the vast majority of the hashing power can't?
August 21, 2012, 01:43:34 PM
All I hear is blah blah blah from both sides without any sort of validity.......or was I watching CNN again?
Nah, the cat stepped on the controller.. it was Fox News.
August 21, 2012, 01:42:31 PM
All I hear is blah blah blah from both sides without any sort of validity.......or was I watching CNN again?
August 21, 2012, 01:23:58 PM
Haha and the only ones who can adapt to the new algorithm will be those still holding GPUs.
And everyone who dumped their GPUs to recoup their investment and buy ASICs will be crying to buy the GPUs back.
And everyone who dumped their GPUs to recoup their investment and buy ASICs will be crying to buy the GPUs back.
That's why a wise man always holds different types of hardware as a mix. Keeps him flexible.
August 21, 2012, 01:22:29 PM
Haha and the only ones who can adapt to the new algorithm will be those still holding GPUs.
And everyone who dumped their GPUs to recoup their investment and buy ASICs will be crying to buy the GPUs back.
And everyone who dumped their GPUs to recoup their investment and buy ASICs will be crying to buy the GPUs back.
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