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Topic: Bitmain Antminer X3 -- 220KH+ Cryponight - 550W - page 32. (Read 18877 times)

full member
Activity: 364
Merit: 106
ONe Social Network.
I guess some of the coins will be able to minine once x3 comes out, not all coins will fork.

every coin that dont fork will be destroyed by asics...just do some math what will happen if few 100MHs of the monero chain will spread over the small coins
newbie
Activity: 96
Merit: 0
I guess some of the coins will be able to minine once x3 comes out, not all coins will fork.
full member
Activity: 729
Merit: 114

So folks with more 'tech cred' on this kinda thing then I have...if you could explain to me (the technically lame on this topic)

does this mean that MOSTLY these x3 machines are gonna be 'dead out of the box' doorstops when they arrive?

or are these forks gonna play out..over say a bit of time MONTHS....so that it has SOME life?

curious (did not get one..not interested)

brad


NO! Let's be honest. Monero will for and maybe also other cryptonight coins but not ALL will fork. And if you check right now the MOST profitable crypotnight coin to mine is not monero nor electroneum nor any of the coins supposed to fork. So there will always be some chances to make some profit out of the X3. not big profit but some yes.

You may be able to mine several thousands of other alt coins which won't fork but unless the price appreciates for those particular coin it's not profit.
copper member
Activity: 2898
Merit: 1464
Clueless!

So folks with more 'tech cred' on this kinda thing then I have...if you could explain to me (the technically lame on this topic)

does this mean that MOSTLY these x3 machines are gonna be 'dead out of the box' doorstops when they arrive?

or are these forks gonna play out..over say a bit of time MONTHS....so that it has SOME life?

curious (did not get one..not interested)

brad


NO! Let's be honest. Monero will for and maybe also other cryptonight coins but not ALL will fork. And if you check right now the MOST profitable crypotnight coin to mine is not monero nor electroneum nor any of the coins supposed to fork. So there will always be some chances to make some profit out of the X3. not big profit but some yes.

If this was true...Scrypt-N now for knc titan miners would be pumping as an alternative to scrypt-pow now that KNC titans (only ones that do scrypt-n as asics) don't make any $$$ on LTC and scrypt-pow..thus look at all the scrypt N coins we could mine (all such coins have been dead since 2014)

afraid that this would not work that way..the coins an x3 mines...as you state above  you will ...need more of a hook than 'just' being different in a protocol...for

the x3 coins that don't fork to have any traction ...again IMHO...
jr. member
Activity: 504
Merit: 3

So folks with more 'tech cred' on this kinda thing then I have...if you could explain to me (the technically lame on this topic)

does this mean that MOSTLY these x3 machines are gonna be 'dead out of the box' doorstops when they arrive?

or are these forks gonna play out..over say a bit of time MONTHS....so that it has SOME life?

curious (did not get one..not interested)

brad


NO! Let's be honest. Monero will for and maybe also other cryptonight coins but not ALL will fork. And if you check right now the MOST profitable crypotnight coin to mine is not monero nor electroneum nor any of the coins supposed to fork. So there will always be some chances to make some profit out of the X3. not big profit but some yes.
full member
Activity: 364
Merit: 106
ONe Social Network.

So folks with more 'tech cred' on this kinda thing then I have...if you could explain to me (the technically lame on this topic)

does this mean that MOSTLY these x3 machines are gonna be 'dead out of the box' doorstops when they arrive?

or are these forks gonna play out..over say a bit of time MONTHS....so that it has SOME life?

curious (did not get one..not interested)

brad


they will be dead even before shipping Grin
copper member
Activity: 2898
Merit: 1464
Clueless!

So folks with more 'tech cred' on this kinda thing then I have...if you could explain to me (the technically lame on this topic)

does this mean that MOSTLY these x3 machines are gonna be 'dead out of the box' doorstops when they arrive?

or are these forks gonna play out..over say a bit of time MONTHS....so that it has SOME life?

curious (did not get one..not interested)

brad
member
Activity: 434
Merit: 52
no firmware update fosho. We all asked Bitmain many times and they have been clear. No way to have a firmware update to fix the fork. If there could have been a firmware update do you think they would have lowered the price so much?
Why would bitmain provide a firmware update when they can just create a new machine for that algo and sell those in droves as well.  They have a clear path as a business and thats to sell as many machines as possible, not "help" the miners who bought one of their machines, they've already got your money.

They won't do this. Monero will just fork again and they know it. Once people receive their X3s, unless there is a way to profit on them, they won't be buying a newer monero-focused asic after. Bitmain are many things, but they aren't stupid.
legendary
Activity: 2156
Merit: 1400

Is there any way Bitmain can 'change the firmware' to get around a fork of some of the coins like moreno threating such?

curious if they have any options with ASIC's as an X3 miner...

just watching from the sidelines but curious...

Forget it. No way. This wont happen. 100%

At least not for "public"?

Thats not how ASICs work...the "firmware" is etched into the silicon. Once the ASIC is made for a particular algorithm thats ALL it can do and there is no way to change it.

The only exception to this is if bitmain started building their own FPGAs, which would be way slower than ASICs, but much more energy efficient than GPUs, and almost as flexible as GPUs in changing the algorithm.

Of course like others have stated, there is no reason for them to offer a flexible FPGA style miner, when they can just pump out new ASICs for every new algorithm. They have become so good at it they can bring a new algorithm to silicon in a few months it seems.
legendary
Activity: 3752
Merit: 1415
So it seems like only the Baikal N is going to make some cash cause it's being delivered right these days and still no fork for now.

The "lucky" buyers of the X3 will enjoy it for a few days and then, the question is: how will they use their X3?

they can heat their house or flat with them  Grin

... or maybe there will be a firmware update

no firmware update fosho. We all asked Bitmain many times and they have been clear. No way to have a firmware update to fix the fork. If there could have been a firmware update do you think they would have lowered the price so much?



Why would bitmain provide a firmware update when they can just create a new machine for that algo and sell those in droves as well.  They have a clear path as a business and thats to sell as many machines as possible, not "help" the miners who bought one of their machines, they've already got your money.
full member
Activity: 364
Merit: 106
ONe Social Network.
if there would be a way to firmware upgrade you wouldnt even know shitmain x3 & shitkal miner N exist
copper member
Activity: 230
Merit: 2

Is there any way Bitmain can 'change the firmware' to get around a fork of some of the coins like moreno threating such?

curious if they have any options with ASIC's as an X3 miner...

just watching from the sidelines but curious...

Forget it. No way. This wont happen. 100%

At least not for "public"?
jr. member
Activity: 504
Merit: 3

Is there any way Bitmain can 'change the firmware' to get around a fork of some of the coins like moreno threating such?

curious if they have any options with ASIC's as an X3 miner...

just watching from the sidelines but curious...

Forget it. No way. This wont happen. 100%
copper member
Activity: 2898
Merit: 1464
Clueless!

Is there any way Bitmain can 'change the firmware' to get around a fork of some of the coins like moreno threating such?

curious if they have any options with ASIC's as an X3 miner...

just watching from the sidelines but curious...
sr. member
Activity: 966
Merit: 275
I heard that Monero V7 algo will happen in the April instead of 28 this March? I think KnightOfPi also saying about that as well.
So, are we fucked up by this ASIC bastard?
Just building my GPU rigs to focus on CN algo and then this CN ASIC mining comes and fucked up everything!  Cheesy

Correct. Looks to be early April.
https://github.com/monero-project/monero/pull/3424


Wow, would you believe it that both batches of this ASIC miner, Antminer X3,Batch 1 $11999 and Antminer X3,Batch 2 $7599 were all Sold Out? It was printed... Or, it's just a trick or FUD?

member
Activity: 140
Merit: 17
Antpool has Monero now. I wonder what the heck is bitmain doing.
newbie
Activity: 41
Merit: 0
So it seems like only the Baikal N is going to make some cash cause it's being delivered right these days and still no fork for now.

The "lucky" buyers of the X3 will enjoy it for a few days and then, the question is: how will they use their X3?

the scam artists will start pumping out masternode crap coins like they are for X11, D3 owners to mine
newbie
Activity: 168
Merit: 0
So it seems like only the Baikal N is going to make some cash cause it's being delivered right these days and still no fork for now.

The "lucky" buyers of the X3 will enjoy it for a few days and then, the question is: how will they use their X3?

they can heat their house or flat with them  Grin

... or maybe there will be a firmware update

no firmware update fosho. We all asked Bitmain many times and they have been clear. No way to have a firmware update to fix the fork. If there could have been a firmware update do you think they would have lowered the price so much?



and another question is would they release? sure they will still be mining with it.


will somebody fork monero and call it monero cash please?

so i wont be wasting my paperweight shit asic?

remember, monero cash will be the real monero. -roger

/s
legendary
Activity: 1453
Merit: 1011
Bitcoin Talks Bullshit Walks
Wtf were they thinking?

Don't they know Monero community hates ASICs? By making an ASIC for those who hate ASICs.. What do they expect in return? Monero will do a PoW change hopefully.

Bitcoin community was too slow to understand what a fucking poison Bitmain/ASICs were but Monero community exactly knows what they are.

Actually satoshi knew damn good and well.  He asked for a gentlemen’s agreement at first when artfortz I believe it was created first gpu miner.  It’s been a while I could be foggy on details.  The asic manufacturers are taking this business model.  Creating bullshit asic resistant coins only to come with an asic they have been mining with from beginning.  I really am beginning to think this is all a game from hw manufacturers to sell us pc hw when we really didn’t need anymore shit.  Yea some great things have come from this industry and more will come.  But the mining side of things has a lot of issue to work out.  

Here’s one article from the past. Smiley. https://bitcointalk.org/index.php?topic=63365.0;all

Here is where it’s finally released.  You see cycle is just repeated.   Wink
https://bitcointalksearch.org/topic/m.775231
Br
jr. member
Activity: 504
Merit: 3
So it seems like only the Baikal N is going to make some cash cause it's being delivered right these days and still no fork for now.

The "lucky" buyers of the X3 will enjoy it for a few days and then, the question is: how will they use their X3?

they can heat their house or flat with them  Grin

... or maybe there will be a firmware update

no firmware update fosho. We all asked Bitmain many times and they have been clear. No way to have a firmware update to fix the fork. If there could have been a firmware update do you think they would have lowered the price so much?

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