Bitmain E3 Ethash Miner ASIC (Shipping:16-31 July. $800 USD) - page 33.

B1tUnl0ck3r

sr. member

Activity: 854

Merit: 277

liife threw a tempest at you? be a coconut !

Quote from: BenRickert on April 03, 2018, 11:40:24 AM

Bitmain has lost it. The only thing this hot mess is good for, is driving GPU prices back to earth. I wouldn't buy this, but I'll gladly by cards at ground level prices. $174.00 for shipping!!! 4 Months for arrival!!! There is a cost of carry to money. Once you crunch all the incidental numbers, this thing is a Pig. It's all a major distraction while they prep for the July or August release of higher efficiency SHA256 and Scrypt miners." Pay no attention to the man behind the curtain!!". ( Wizard Of Oz quote ) and let's face it... mining is getting more like the Wizard Of Oz movie every day.

Because only them can do it!!! 11 or 12? who knows, maybe 8nm...

don't forget to remember the responsible :

Quote from: bigdude on April 03, 2018, 11:48:44 AM

the theory is they matched the gpus instead of killed them in hopes eth doesnt block the asics lol

I think those machines have been "tested" enough and are ready for release now... they all work well

. a little of airbrush and they are brand as new

, maybe just repasting them for safety.

bigdude

hero member

Activity: 896

Merit: 500

Dolphins Finance TRUSTED FINANCE

Thats why everyone rushed to sell GPU's. E3 only 1/3 current 6x GPU miner
so apparnetly these asics mine same as 6gpu system
thus... its not really ETH gpu killer
not to mention these first batch releseas 3 months later
the theory is they matched the gpus instead of killed them in hopes eth doesnt block the asics lol

B1tUnl0ck3r

sr. member

Activity: 854

Merit: 277

liife threw a tempest at you? be a coconut !

Quote from: nazzer on April 03, 2018, 10:14:09 AM

Predicting announcement of the Z3 Equihash miner ...

already hoping from equihash chain I guess... and dumping everything mined for fiat... how lame

, but how could they do otherwise, no one in the world is capable to deliver a simple sha2 asic... so forget the rest. nothing illustrate the fall of the west better than asic hashing.

treanski

full member

Activity: 364

Merit: 106

ONe Social Network.

this piece of shit will be dead before shipping like the shitmain x3

BenRickert

full member

Activity: 420

Merit: 110

Bitmain has lost it. The only thing this hot mess is good for, is driving GPU prices back to earth. I wouldn't buy this, but I'll gladly by cards at ground level prices. $174.00 for shipping!!! 4 Months for arrival!!! There is a cost of carry to money. Once you crunch all the incidental numbers, this thing is a Pig. It's all a major distraction while they prep for the July or August release of higher efficiency SHA256 and Scrypt miners." Pay no attention to the man behind the curtain!!". ( Wizard Of Oz quote ) and let's face it... mining is getting more like the Wizard Of Oz movie every day.

deadsix

hero member

Activity: 751

Merit: 517

Fail to plan, and you plan to fail.

Quote from: toptek on April 03, 2018, 11:25:22 AM

Quote from: deadsix on April 03, 2018, 11:14:38 AM

180mh at 800w is too close to a 6GPU RX 470/570 rigs numbers ... this makes me extremely suspicious this "ASIC" is just another attempt at putting multiple regular GPU dies on one mainboard PCB, kinda similar to what Pandaminer did with mxm module gpu's, but on a smaller form factor. I would love to see a teardown of these.

I was thinking the same thing only 180 MH @ 800 watts . may be they can't really make a ASIC for eth or it cost to much and this is the best they can do or failed to do and need to sell off failed samples to make some thing back . i can see why it only cost 800 bucks if they charged any more there would be complaints out the ASS .

And this makes me feel a hard fork is pointless since this is just GPU's on a motherboard. Whatever change in the algo happens, these"ASIC"s can also quickly adopt to it through software changes. I wouldn't be surprised if we could mine Monero or Zcash on these aswell.
This may not be such a bad deal afterall. I am actually considering buying one just for fun.

toptek

legendary

Activity: 1274

Merit: 1000

Quote from: Smilee on April 03, 2018, 11:28:14 AM

Yesterday the ethereum EIP guys started having much more serious technical discussions about a hard fork. Maybe this scared Bitmain a little and they released this lame miner to take the pressure off and try to avoid a hard fork. They probably already have a way more powerful version in the works and are mining with this already given the doubling in hashrate over the past two months.

Also dont forget.....Halong, Baikal and others will be releasing their versions soon.....just like Cryptonight.

Hark Fork is best solution to kill asics, allow decentralization and reduce risk from mostly one company.

More importantly, we need miners to embrace Ethereum and support it....thus building community. It should not be underestimated how big of a role that miners play in the success and the popularity of Ethereum. Miners play a big role in public relations and building community and the ultimate success of Ethereum. Dont scare them away by only allowing the big boys to play with massive Asic mining factories.

I hope so they can hand butmain there assess for once ......I'll still ASIC mine but won't mine till the used miners sell cheap unless it's cheap LTC or BTC new miners,I'll buy them new but not the GPU killers,I'll buy them used an ...I'll keep building GPU rigs as long as i can ....

Coyn

jr. member

Activity: 66

Merit: 1

Quote from: Smilee on April 03, 2018, 11:28:14 AM

Yesterday the ethereum EIP guys started having much more serious technical discussions about a hard fork. Maybe this scared Bitmain a little and they released this lame miner to take the pressure off and try to avoid a hard fork. They probably already have a way more powerful version in the works and are mining with this already given the doubling in hashrate over the past two months.

Also dont forget.....Halong, Baikal and others will be releasing their versions soon.....just like Cryptonight.

Hark Fork is best solution to kill asics, allow decentralization and reduce risk from mostly one company.

More importantly, we need miners to embrace Ethereum and support it....thus building community. It should not be underestimated how big of a role that miners play in the success and the popularity of Ethereum. Miners play a big role in public relations and building community and the ultimate success of Ethereum. Dont scare them away by only allowing the big boys to play with massive Asic mining factories.

<3

bitpoet

copper member

Activity: 1

Merit: 0

aaaaand its gone

Sold out

MinedTangerine

jr. member

Activity: 308

Merit: 4

Quote from: hozerdev on April 03, 2018, 11:16:26 AM

The cost is based on the current ETH price, if it goes up by Jul, the next batches will be more expensive.
The real cost is 800 + 200 shipping (in US) + 130 ATX power supply, roughly 1100$ at the current prices, close to zero resell value.
The same efficiency as GPUs.
Takes less space. Huge +++
A lot of noise, around 80dbl ?
So it will drive GPU prices down until they reach the equilibrium.

This won't kill GPU mining, but the GPU prices should get back to MSRP, that is a good thing.

Exactly, thats a very good thing actually for the GPU mining market. Insane inflated prices going down. And don't worry this won't kill GPU mining. The hashrate is the same as one GPU rig. It would take really a lot of these heaters to kill ethash. I actually like this ASIC announcment. First time for everything.

Smilee

newbie

Activity: 24

Merit: 0

Yesterday the ethereum EIP guys started having much more serious technical discussions about a hard fork. Maybe this scared Bitmain a little and they released this lame miner to take the pressure off and try to avoid a hard fork. They probably already have a way more powerful version in the works and are mining with this already given the doubling in hashrate over the past two months.

Also dont forget.....Halong, Baikal and others will be releasing their versions soon.....just like Cryptonight.

Hark Fork is best solution to kill asics, allow decentralization and reduce risk from mostly one company.

More importantly, we need miners to embrace Ethereum and support it....thus building community. It should not be underestimated how big of a role that miners play in the success and the popularity of Ethereum. Miners play a big role in public relations and building community and the ultimate success of Ethereum. Dont scare them away by only allowing the big boys to play with massive Asic mining factories.

toptek

legendary

Activity: 1274

Merit: 1000

Quote from: deadsix on April 03, 2018, 11:14:38 AM

180mh at 800w is too close to a 6GPU RX 470/570 rigs numbers ... this makes me extremely suspicious this "ASIC" is just another attempt at putting multiple regular GPU dies on one mainboard PCB, kinda similar to what Pandaminer did with mxm module gpu's, but on a smaller form factor. I would love to see a teardown of these.

I was thinking the same thing only 180 MH @ 800 watts . may be they can't really make a ASIC for eth or it cost to much and this is the best they can do or failed to do and need to sell off failed samples to make some thing back . i can see why it only cost 800 bucks if they charged any more there would be complaints out the ASS .

toptek

legendary

Activity: 1274

Merit: 1000

Quote from: Za1n on April 03, 2018, 10:35:19 AM

Quote from: bl1nd on April 03, 2018, 10:16:47 AM

Horrible ROI for a miner thats months away from release.

180 mh/s is barely 170$ a month. By the time they release it if prices dont go up that miner will be worthless. But yeah GPU mining is dead thats the cost of 2 rx 580

The thing is everyone is comparing it to the current (highly inflated) price of GPUs. If it wasn't for the run-up in GPU prices because something like this wasn't available last year those RX580's would probably be going for $150 each by now, so this would actually be more like the cost of 5 of them.

Sure you have the mobo and other stuff to add to the price, but then again that GPU based rig is more flexible in that it can mine other alogs, including new ones that may come out. Also, as others have pointed out, the GPU rig can be parted out and resold if need be, whereas the ASIC is just a paperweight.

So long-term I think this is actually great news, as it isn't quite the GPU killer everyone had feared. It beats out GPU rigs on price alone, but as I stated only because GPU prices are so over inflated right now. Once the E3 hits the market GPU prices will come back down to normal and probably become bargains. At that point I expect you can put together a 6x RX580 rig for closer to $1,100 by then, so it will be a even match considering the GPU rig will have other uses and resale value so worth the extra $300.

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
The sense able posts GPU mining won't die just be slowed down some and then some thing new comes along it's back full @ force for a while. it's just sad it had to BE eth and Yet to come Zec , I guess they lied about it being ASIC resistant or the money did,it all ways happen that way good intentions at first an then the Money an greed, power steps in and ruins a good thing till the next good thing an then it's the same thing all over again .

hozerdev

newbie

Activity: 50

Merit: 0

The cost is based on the current ETH price, if it goes up by Jul, the next batches will be more expensive.
The real cost is 800 + 200 shipping (in US) + 130 ATX power supply, roughly 1100$ at the current prices, close to zero resell value.
The same efficiency as GPUs.
Takes less space. Huge +++
A lot of noise, around 80dbl ?
So it will drive GPU prices down until they reach the equilibrium.

This won't kill GPU mining, but the GPU prices should get back to MSRP, that is a good thing.

deadsix

hero member

Activity: 751

Merit: 517

Fail to plan, and you plan to fail.

180mh at 800w is too close to a 6GPU RX 470/570 rigs numbers ... this makes me extremely suspicious this "ASIC" is just another attempt at putting multiple regular GPU dies on one mainboard PCB, kinda similar to what Pandaminer did with mxm module gpu's, but on a smaller form factor. I would love to see a teardown of these.

Goool

jr. member

Activity: 182

Merit: 2

You made rich and big the CHINESE company now this is the results

The same will happen if they will start grow as a country !

TRUMP was right ! CURRENCY MANIPULATORS !

BITMAIN IS TOXIC FOR MINING DO NOT BUY THEIR DOORSTOPS !
ETH HACK ATTACK IS COMING AS THEY STOLE BITCOINS FROM THEIR POOL , Antpool , don't forget !

aliashraf

legendary

Activity: 1456

Merit: 1174

Always remember the cause!

Quote from: djquiz on April 03, 2018, 10:29:57 AM

The end near. Why Bitmain? No human compassion. Money rules your soul. Probably good news for gamers. Cry

Heh? 180 Mh/s for an ASIC? Bitmain is kidding? Jihan thinks we all are idiots, doesn't he? It is just a gpu rig with no flexibility and reusability, so what's the catch for gamers? gpus are still used out there, same power efficiency.

Ethash needs ram, any 'thing' that runs this algorithm, needs ram on the die if it is going to be efficient, so, it is a gpu in its essence and consumes the same amount of wafer as a gpu. Producing such a chip (if there is any truly new chip introduced by Bitmain) is a challenge like any other gpu with same bottlenecks and constraints.

Apprentice

full member

Activity: 500

Merit: 105

well also comparing to rigs, do not forget the MB, CPU, RAM, power supply costs

cryptovigi

hero member

Activity: 714

Merit: 611

Quote from: rdluffy on April 03, 2018, 11:01:43 AM

Quote from: Marvell2 on April 03, 2018, 10:58:05 AM

This basically proves our point that bitmain has had these things raising the difficulty for month
same as the did destroying the profitablity of cryptonite coins.

I bet the only reason they are selling these thing preorder i they have a new stronger version the f3
that probably will replace thier internal e3 farm in june july and will tripple the diff making these useless

just goes to show people thing wecare looney when we say bitmain and the other chipmakers
have asics for every freaking algo, most of the hash rate of all algo except maybe x16

are asic powered, i would say a good 40 percent, most of thee thingz are keptin house

Yes, not only me think that they have an F3 with more hashrate

hard times for GPU miners have come..... Sad

rdluffy

legendary

Activity: 2366

Merit: 1408

Quote from: Marvell2 on April 03, 2018, 10:58:05 AM

This basically proves our point that bitmain has had these things raising the difficulty for month
same as the did destroying the profitablity of cryptonite coins.

I bet the only reason they are selling these thing preorder i they have a new stronger version the f3
that probably will replace thier internal e3 farm in june july and will tripple the diff making these useless

just goes to show people thing wecare looney when we say bitmain and the other chipmakers
have asics for every freaking algo, most of the hash rate of all algo except maybe x16

are asic powered, i would say a good 40 percent, most of thee thingz are keptin house

Yes, not only me think that they have an F3 with more hashrate

Topic: Bitmain E3 Ethash Miner ASIC (Shipping:16-31 July. $800 USD) - page 33. (Read 16395 times)