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Topic: BITMAIN was mining ETH in their farms ! BITMAIN Is killing GPU miners - page 4. (Read 1831 times)

legendary
Activity: 3136
Merit: 1233
Bitcoin Casino Est. 2013
Gpu mining cannot be killed that easily. Bitmain maybe mining Ethereum but for the gpu miners there are a lot of other coins which are based on Ethereum like Pirl, Music and a few others. Their difficulty is relatively low to mine and I am happily mining Musicoin because my 3GB Gpus cannot write the dag epoch 179 which is the actual one.

As for bitmain first thing to do if you want to fight them is to stop buying their products, but this will never happen since they produce the best miners for the moment.
full member
Activity: 602
Merit: 106
It's a battle hard to win and fight against Bitmain. Like mentioned, Bitmain has A LOT OF money and thanks to that they can basically do what they want. I do not think that some people going REEEEEEEE... would make them play fair. However sad that is, it's the truth.
full member
Activity: 1148
Merit: 132
Simple logic, don't buy ASICs from Bitmain.

That's the first battle, easy.

The second is for all pools and blockchain to enable rejection on ASIC mined shares. Difficult but addressable.

There is a good chance that Bitmain will be uncovered and shut down in China but sounds like most of the company work from Taiwan now.

Not only that but there are other companies that are following suit.



Not buying ASICs from one is from one thing, but that doesn't stop bitmain from mining with what they developed.

Yeah but when they get to mine for six months or more and then also sell these same fucking used as new to the idiots out there who won't learn it even helps thier monopoly more

thats more money for RND and also lets the risk it all on any all all algos with zero fear since they know they can sell these heaters to those dumbasses
member
Activity: 246
Merit: 24
Simple logic, don't buy ASICs from Bitmain.

That's the first battle, easy.

The second is for all pools and blockchain to enable rejection on ASIC mined shares. Difficult but addressable.

There is a good chance that Bitmain will be uncovered and shut down in China but sounds like most of the company work from Taiwan now.

Not only that but there are other companies that are following suit.



Not buying ASICs from one is from one thing, but that doesn't stop bitmain from mining with what they developed.
member
Activity: 140
Merit: 10
Merit me or don't.
Simple logic, don't buy ASICs from Bitmain.

That's the first battle, easy.

The second is for all pools and blockchain to enable rejection on ASIC mined shares. Difficult but addressable.

There is a good chance that Bitmain will be uncovered and shut down in China but sounds like most of the company work from Taiwan now.

Not only that but there are other companies that are following suit.

jr. member
Activity: 148
Merit: 5
first batch come in july. $900 for 180MH/s. and now of course they are mining as much as they can then pump ETH price right before delivery

How do you know they are mining it??

How do I know you're not Santa Claus and don't live at the North Pole?

There is no proof, and they would have no desire for knowledge of their "testing" to be publicly available.

But when you have a situation like what happened with Cryptonight/Monero, when despite GPUs being sold out across the board and Coin price dropping yet the network continues to grow exponentially in hashrate, something else in driving that increase. Ergo, probably ASICs.

The real question isn't how do you know they are, it's why wouldn't they be mining it? Wouldn't you? Following money, motives, and incentives usually paints a clearer picture than the limited "factual" evidence you have available.
full member
Activity: 294
Merit: 100
first batch come in july. $900 for 180MH/s. and now of course they are mining as much as they can then pump ETH price right before delivery

How do you know they are mining it??
newbie
Activity: 284
Merit: 0
first batch come in july. $900 for 180MH/s. and now of course they are mining as much as they can then pump ETH price right before delivery
newbie
Activity: 70
Merit: 0
The only reason they are getting ready to sell for cheap is that they are ready to start "testing" the next version that will do 1000MH/s+ and they know these will be useless along with all GPU's.
jr. member
Activity: 111
Merit: 1
ASIC coming at affordable price without being disruptive and OP respond : "Muh fork, it's gonna kill gpu mining."

I think OP just raging because he bought 1500 GPU last week or something like that.
member
Activity: 294
Merit: 12
Hidden mining = BITMAIN

I told you that BITMAIN Is mining ETH and now that they got scared because of ETH fork they get rid of their miners ...

BITMAIN is doing dirty business .... people should damp bitcoin cash to give them a lesson .... bitmain's coin !


So wait bit coin cash and bitmen are the same?
full member
Activity: 218
Merit: 100
They do not move for profit. They test the miners to make sure if QA is up to their standards, sometime for up to 6+ months.
Lmao
sr. member
Activity: 506
Merit: 252
There were a lot of rumour about such actions. that all ASICs manufacturer before delivering batches mine some coins and then dispatch the shipment. Sadly there is no proofs, but some miners have spotted diff spikes right after news modes of Asics announcements..


Alot of older ASIC's came with a lot of dust in them  Wink

They are smarter now and "clean" them with pressurized air  Shocked
hero member
Activity: 756
Merit: 507
There were a lot of rumour about such actions. that all ASICs manufacturer before delivering batches mine some coins and then dispatch the shipment. Sadly there is no proofs, but some miners have spotted diff spikes right after news modes of Asics announcements..
hero member
Activity: 896
Merit: 500
Dolphins Finance TRUSTED FINANCE
Many Chinese biz almost doing the hidden and dirty biz. They only try make money as much as much as they can
they don't care about the world, environment etc.
just for you know China is the largest holder of US debt. ANd now Trump wanna start trade war with them...
legendary
Activity: 2366
Merit: 1408
BITMAIN are centralizing things and some people don't have balls to fight against
jr. member
Activity: 66
Merit: 1
Completely 100% agree.

Little problem here, Bitmain is rich.. really rich... How to win?
jr. member
Activity: 182
Merit: 2
Hidden mining = BITMAIN

I told you that BITMAIN Is mining ETH and now that they got scared because of ETH fork they get rid of their miners ...

BITMAIN is doing dirty business .... people should damp bitcoin cash to give them a lesson .... bitmain's coin !
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