Topic: BITMAIN was mining ETH in their farms ! BITMAIN Is killing GPU miners - page 2. (Read 1849 times)

No Eth development team is to blame they should have forked twice already.

And stated that have have future forks ready to go.

Bitmain is doing good business and eth developers are slow as shit fail at this.

the is true of every gpu coin

Metroid told everyone  in his thread about gpu mining that asics were choking gpus coins and people just laughed at him

including me at first but I am on his side now.

Developers of gpu coins must fork fork fork and fork again or die.

so where is the eth fork already? with notice of more to come
same for equihash  where is the fork ?

it's not a problem it's always possible to void their holdings and as long as the us army is stronger than china specially in the mid pacific, the chineses will not be able to do anything about it... they are a paper tigers, otherwise they wouldn't be barking... hehehe.

and worst they use the money then to buy ivory from elephants and rhino, shark fins, turtle flesh and who knows what is trendy to exterminate in the up scale restaurants of shanghai (those hidden to foreign specially) to impress a girl who has 10x as many pretends including the sons of the communist elites (those driving ferraris with 2 girls on boards, specially)....

I agree with this thread especially with
I have completely the same impression when doing business with most of Chinese people. They try to rip you of where they can. Don't get me wrong, I don't want to start any discussion about racism but this is my experience as a purchasing clerk for many years now.

Never buy ASIC! Hardly any company around the world will sell cheap money printing machines.

economies of scale and hedging.


forking the algos!!! there are more algos possible than stars . remember it's just maths at the speed of light .



I bet they are way more open to forking, it would be yuge, and maybe even lead them to depass eth (not in price as it has powerul and stupid backer). excellent question.


me, who knows it could satoshi himself .


or you stake a pos coin and or just hodl in a paper wallet and let the others take care of the network .



great insight, thanks for sharing. If they get a country, I hope they will build a yuge army to defend the national mining farms . Cananda is an excellent choice.


pivx if you are fed up with the mining race (as it's pos and is soon going to release zpiv staking (first worlwide) or monero... do a little research, maybe ETC... who knows.

equihash is asiced, I am ready to bet it...

I am also an opponent Asic. But there's nothing we can do. As long as it is profitable to use them. Even if no one buys asics it won't stop Bittman. What will disturb them to put their asics to work and destroy the network? It seems to me that protection from asics should be dealt with first of all by algorithm developers.

What is the attitude of ETC community towards the ASIC mining? If they change the PoW, I will support them.

Newbies with activity '1' better don't write ..... WHO Will listen a newbie with activity 1 who ?

It's obvious that someone just opened the account just to support ASICs.

centralization will be always needed for creating gpu's, asic miners, cloth's food and so on... if you want a fair fight, you have to start creating/produce your own products... and even on this point you still need to those corporations/company's that create the basic needs for making those cards, like sand, ... for making the PCB's you need people that harvest copper and other really expensive materials, company's that create chips, company's that create pins that fits on the pcb's and so on... So eventually if you buy from bitmain or from nvidea or from amd, you will ALWAYS give your money on dirty corporations/company's. that needs this sort of inequality, so you can buy your cards so cheap as possible.

if you really want a equality, then you are a dreamer. This has known since... always?

ps: sorry for my bad english, and my weird thought about bitmain and there new creation.

I agree to Dump and more so advocate AGAINST Bcash.

Its important to remember that Bitman AND Roger are one in the same. Attached at the hip and are working to control Crypto as much as possible. They clearly want to replace bitcoin with Bcash. Roger must want to be Satoshi, more than anyone can ever know. delusions of grandeur;  I am sure he is way past caring about it on a personal financial level. its more about power i imagine.

there is a ton of public evidence about this and its well known but it is worth (continually) repeating.

Roger, BCASH and Bitman are enemies of decentralized Crypto; they want to rule it.

I am afraid it is far too late to do anything that will negatively affect Shitman. The only threat is the Chinese Government. Which is why Shitman is planing the move (to Canada). They have so much cash on hand they can literally buy their own country  (something i am sure they are considering) and if Crypto truly is the future we believe it will be, they will be bigger than FANG combined. (FB Apple Netchicks Google)

 This article below was written before Bcash was launched. 

https://medium.com/@WhalePanda/roger-ver-from-bitcoin-jesus-to-bitcoin-antichrist-69fc7a17c622

"The Chinese (mining) connection"
.......A few months later however Roger Ver went to China, did exactly the same and acted like it was completely normal. The only person that he managed to “turn” was Jihan Wu. Jihan had been very critical of Bitcoin Core and said that he felt pushed into the Hong Kong agreement, even though I didn’t see any guns or other weapons that forced him.
Another couple of weeks pass and suddenly ViaBTC is born, a completely new Chinese pool that, out of nowhere, has around 7–8% of the global hashrate. .........

And what you bought, please?

I just sold also all alt coins that ASIC can mine

Good bye ASIC

but then why would they price it at $800, once finding out there would be no fork from the dev community they upped their price to $1800.  Makes me feel like it is a poorly performing ASIC.

and i think they are making the right move.

I'm still not convinced that the E3 is an ASIC, but rather just a GPU based setup with software patch ability. a fork would be in vain, and likely wouldnt affect the E3 anyway.

Bitmain is rich with newbies money buying thier asics.

At $800 they were marginal but had a chance to achieve 100% ROI before ETH goes full Proof of Stake.
Batch 2 however went to $1800, which is INSANE.

My guess on that nanopool miner is that it's a large Chinese farm running 6-card 1060 rigs (or using the mining-specific version) - and having close hashrates on each rig just means they have a standardized setup they're sticking with (which makes LOTS OF SENSE on a large farm).


ETH devs have already announced they are NOT going to fork ETH over the E3 but reserve the option to fork if something more powerful shows up.

what i want to know is just who is the top miner on nanopool.

~1.9 TH on ETH
16,000 workers
each one about ~120MH

say each worker is made up of a 4x 30MH setup (like 1070s or RX 570/580), that's 64000 GPUs

say each worker is made up of a 6x 20MH setup (like 1060s, not OCed), thats 90,000 GPUs!

who is this? anyone have a clue? it just blows my mind that they have so many workers and they are all pretty much identical around 120MH

I sold out all  alt coins that ASIC can mine， and never buy one ASIC alt coin ，no matter what it is.

I think the real question is... If someone invents a machine that prints money... Why would they ever sell it?

There is only one reason... If they can make more money by selling the money printing machine than the amount of money that the machine can print.

Do I need to purchase the Antminer in order to mine the ETH and BTC? Where could I buy the Antminer?

ETH will not fork...