Fuck Zooko and ZEC ......
+1 Merit
Topic: Deception & Misdirection by ZEC co. Forking ASIC Resistance Bitmain Antminer Z9 (Read 4633 times)
August 04, 2018, 12:42:36 AM
August 03, 2018, 04:33:03 PM
Fuck Zooko and ZEC ......
August 03, 2018, 04:23:04 PM
I just want to say I feel pretty deceived and betrayed by Zcashco.
Seems like the thing to do would be to change the Equihash parameters which are known to be unnecessarily friendly towards ASIC design and find a research group to see the long term effects ASCIS have on cryptos.
Look at Dash - coin is dead. Unless you have sub $.05 per kWh you are in the red before facilities.
Just because mining is not profitable for you doesn't mean the coin is dead. It is still sitting at #14.Seems like the thing to do would be to change the Equihash parameters which are known to be unnecessarily friendly towards ASIC design and find a research group to see the long term effects ASCIS have on cryptos.
Look at Dash - coin is dead. Unless you have sub $.05 per kWh you are in the red before facilities.
#20. #14 is twice as big as zshit.
July 29, 2018, 10:17:07 AM
I just want to say I feel pretty deceived and betrayed by Zcashco.
Seems like the thing to do would be to change the Equihash parameters which are known to be unnecessarily friendly towards ASIC design and find a research group to see the long term effects ASCIS have on cryptos.
Look at Dash - coin is dead. Unless you have sub $.05 per kWh you are in the red before facilities.
Just because mining is not profitable for you doesn't mean the coin is dead. It is still sitting at #14.Seems like the thing to do would be to change the Equihash parameters which are known to be unnecessarily friendly towards ASIC design and find a research group to see the long term effects ASCIS have on cryptos.
Look at Dash - coin is dead. Unless you have sub $.05 per kWh you are in the red before facilities.
#20. #14 is twice as big as zshit.
July 29, 2018, 04:20:53 AM
I just want to say I feel pretty deceived and betrayed by Zcashco.
Seems like the thing to do would be to change the Equihash parameters which are known to be unnecessarily friendly towards ASIC design and find a research group to see the long term effects ASCIS have on cryptos.
Look at Dash - coin is dead. Unless you have sub $.05 per kWh you are in the red before facilities.
Just because mining is not profitable for you doesn't mean the coin is dead. It is still sitting at #14. Seems like the thing to do would be to change the Equihash parameters which are known to be unnecessarily friendly towards ASIC design and find a research group to see the long term effects ASCIS have on cryptos.
Look at Dash - coin is dead. Unless you have sub $.05 per kWh you are in the red before facilities.
July 18, 2018, 04:10:36 AM
I was soooooooo into zec! But suddenly appears Winzec DEV's hysterical extortion ("gimme more or wallet goes down!" 
), no anti-ASIC actions from coin devs then ...
IDK if they will fork or not. But right now it looks like ZEC DEVs betrayed own community for Bitmain (and self) profit.
ASICs are dead end: diff rises constantly (so — talking about private miners — no one'll earn much more than need to pay off it's cost and no one will buy your ASICs after), no one will win except ASICs manufacturer (Bitmain mines with new devices BEFORE sell).
At that dead end only big companies with 1000..'th of ASICs will stand, all others will fall off (centralization as it is). They will own ZEC, rule ZEC, manipulate price and so on.
Decentralization, money that you can produce by your own IS THE MEANING OF CRYPTO. And ZEC lost it by now.
P.S.
despite all that... still hope
), no anti-ASIC actions from coin devs then ...IDK if they will fork or not. But right now it looks like ZEC DEVs betrayed own community for Bitmain (and self) profit.
ASICs are dead end: diff rises constantly (so — talking about private miners — no one'll earn much more than need to pay off it's cost and no one will buy your ASICs after), no one will win except ASICs manufacturer (Bitmain mines with new devices BEFORE sell).
At that dead end only big companies with 1000..'th of ASICs will stand, all others will fall off (centralization as it is). They will own ZEC, rule ZEC, manipulate price and so on.
Decentralization, money that you can produce by your own IS THE MEANING OF CRYPTO. And ZEC lost it by now.
P.S.
despite all that... still hope
June 03, 2018, 06:45:00 PM
I just want to say I feel pretty deceived and betrayed by Zcashco.
Seems like the thing to do would be to change the Equihash parameters which are known to be unnecessarily friendly towards ASIC design and find a research group to see the long term effects ASCIS have on cryptos.
Look at Dash - coin is dead. Unless you have sub $.05 per kWh you are in the red before facilities.
Seems like the thing to do would be to change the Equihash parameters which are known to be unnecessarily friendly towards ASIC design and find a research group to see the long term effects ASCIS have on cryptos.
Look at Dash - coin is dead. Unless you have sub $.05 per kWh you are in the red before facilities.
June 02, 2018, 05:36:52 PM
I support FPGA mining not cause I can jump early on it (I am a small scale miner and I can barely afford one $6k FPGA).
Heck, I could've even jumped on these ASICs. I knew about them and could've ordered in the first batches itself.
FPGAs are much more power efficient and may or may not be faster than a GPU (price to performance ratio).
People who own mining farms would be interested in getting 1k of these instead of 10k GPUs. In case of FPGAs there can always be some xyz person who can bring out custom implementations (binaries) which perform better than competitors. The cost involved is much lower than a competitor who has to compete against a giant and manufacture a better ASIC.
FPGA mfg are two (Xilinx and Intel/Altera) and they are not mining crypto with their FPGAs. They have a much larger customer base to meet their targets just like for NVIDIA/AMD crypto is not the bread and butter.
The problem with ASIC is one entity is producing, mining and selling them. It's not the ASIC itself but this particular entity.
If I was a money printing machine manufacturer and that's the only thing I do why or when should I sell it to others?
Xilinx has partnered with Bitmain. You were saying something.Heck, I could've even jumped on these ASICs. I knew about them and could've ordered in the first batches itself.
FPGAs are much more power efficient and may or may not be faster than a GPU (price to performance ratio).
People who own mining farms would be interested in getting 1k of these instead of 10k GPUs. In case of FPGAs there can always be some xyz person who can bring out custom implementations (binaries) which perform better than competitors. The cost involved is much lower than a competitor who has to compete against a giant and manufacture a better ASIC.
FPGA mfg are two (Xilinx and Intel/Altera) and they are not mining crypto with their FPGAs. They have a much larger customer base to meet their targets just like for NVIDIA/AMD crypto is not the bread and butter.
The problem with ASIC is one entity is producing, mining and selling them. It's not the ASIC itself but this particular entity.
If I was a money printing machine manufacturer and that's the only thing I do why or when should I sell it to others?
They are using FPGA SoC as host processor. (already there on whatever latest offerings are by BITMAIN) just like GPU mining rigs are using intel/AMD. Bitmain is just another customer for Xilinx. Xilinx themselves are not making mining machines. i rest my case. Bitmain is making, using and selling; too much control with one corp.
June 02, 2018, 04:46:34 PM
I support FPGA mining not cause I can jump early on it (I am a small scale miner and I can barely afford one $6k FPGA).
Heck, I could've even jumped on these ASICs. I knew about them and could've ordered in the first batches itself.
FPGAs are much more power efficient and may or may not be faster than a GPU (price to performance ratio).
People who own mining farms would be interested in getting 1k of these instead of 10k GPUs. In case of FPGAs there can always be some xyz person who can bring out custom implementations (binaries) which perform better than competitors. The cost involved is much lower than a competitor who has to compete against a giant and manufacture a better ASIC.
FPGA mfg are two (Xilinx and Intel/Altera) and they are not mining crypto with their FPGAs. They have a much larger customer base to meet their targets just like for NVIDIA/AMD crypto is not the bread and butter.
The problem with ASIC is one entity is producing, mining and selling them. It's not the ASIC itself but this particular entity.
If I was a money printing machine manufacturer and that's the only thing I do why or when should I sell it to others?
Xilinx has partnered with Bitmain. You were saying something.Heck, I could've even jumped on these ASICs. I knew about them and could've ordered in the first batches itself.
FPGAs are much more power efficient and may or may not be faster than a GPU (price to performance ratio).
People who own mining farms would be interested in getting 1k of these instead of 10k GPUs. In case of FPGAs there can always be some xyz person who can bring out custom implementations (binaries) which perform better than competitors. The cost involved is much lower than a competitor who has to compete against a giant and manufacture a better ASIC.
FPGA mfg are two (Xilinx and Intel/Altera) and they are not mining crypto with their FPGAs. They have a much larger customer base to meet their targets just like for NVIDIA/AMD crypto is not the bread and butter.
The problem with ASIC is one entity is producing, mining and selling them. It's not the ASIC itself but this particular entity.
If I was a money printing machine manufacturer and that's the only thing I do why or when should I sell it to others?
They are using FPGA SoC as host processor. (already there on whatever latest offerings are by BITMAIN) just like GPU mining rigs are using intel/AMD. Bitmain is just another customer for Xilinx. Xilinx themselves are not making mining machines. i rest my case. Bitmain is making, using and selling; too much control with one corp.
June 02, 2018, 08:51:01 AM
I support FPGA mining not cause I can jump early on it (I am a small scale miner and I can barely afford one $6k FPGA).
Heck, I could've even jumped on these ASICs. I knew about them and could've ordered in the first batches itself.
FPGAs are much more power efficient and may or may not be faster than a GPU (price to performance ratio).
People who own mining farms would be interested in getting 1k of these instead of 10k GPUs. In case of FPGAs there can always be some xyz person who can bring out custom implementations (binaries) which perform better than competitors. The cost involved is much lower than a competitor who has to compete against a giant and manufacture a better ASIC.
FPGA mfg are two (Xilinx and Intel/Altera) and they are not mining crypto with their FPGAs. They have a much larger customer base to meet their targets just like for NVIDIA/AMD crypto is not the bread and butter.
The problem with ASIC is one entity is producing, mining and selling them. It's not the ASIC itself but this particular entity.
If I was a money printing machine manufacturer and that's the only thing I do why or when should I sell it to others?
Xilinx has partnered with Bitmain. You were saying something. Heck, I could've even jumped on these ASICs. I knew about them and could've ordered in the first batches itself.
FPGAs are much more power efficient and may or may not be faster than a GPU (price to performance ratio).
People who own mining farms would be interested in getting 1k of these instead of 10k GPUs. In case of FPGAs there can always be some xyz person who can bring out custom implementations (binaries) which perform better than competitors. The cost involved is much lower than a competitor who has to compete against a giant and manufacture a better ASIC.
FPGA mfg are two (Xilinx and Intel/Altera) and they are not mining crypto with their FPGAs. They have a much larger customer base to meet their targets just like for NVIDIA/AMD crypto is not the bread and butter.
The problem with ASIC is one entity is producing, mining and selling them. It's not the ASIC itself but this particular entity.
If I was a money printing machine manufacturer and that's the only thing I do why or when should I sell it to others?
May 26, 2018, 02:58:22 PM
I support FPGA mining not cause I can jump early on it (I am a small scale miner and I can barely afford one $6k FPGA).
Heck, I could've even jumped on these ASICs. I knew about them and could've ordered in the first batches itself.
FPGAs are much more power efficient and may or may not be faster than a GPU (price to performance ratio).
People who own mining farms would be interested in getting 1k of these instead of 10k GPUs. In case of FPGAs there can always be some xyz person who can bring out custom implementations (binaries) which perform better than competitors. The cost involved is much lower than a competitor who has to compete against a giant and manufacture a better ASIC.
FPGA mfg are two (Xilinx and Intel/Altera) and they are not mining crypto with their FPGAs. They have a much larger customer base to meet their targets just like for NVIDIA/AMD crypto is not the bread and butter.
The problem with ASIC is one entity is producing, mining and selling them. It's not the ASIC itself but this particular entity.
If I was a money printing machine manufacturer and that's the only thing I do why or when should I sell it to others?
Yeah keep repeating SIA founder's words. Everyone have read that article. You blame bitmain but protect underground FPGA mining. Yeah no word on that. That's been going on for quite some time. What about their retail availabilty ? Are they available for sale as gpu are ? No, only big guys with big money will benefit from them. You must be blind as a bat if you can't see this as a small scale miner. They are more powerful and more scalable so farms will be even more powerful and efficient. Meanwhile they are available to only handful of people. Just have a look around. You are waiting for some guy on the internet who might deliver them to you. Some middle man. Power in the hands of only few here. What's stopping them from mining with those FPGA's before delivering them to you ? Meanwhile the big guy are already mining with them for more then year and the big guy who missed out before will now be the first one to get their hands on them, then only you will probably get one delivered to you. It's the same as ASICs, once every big guy has eaten the meat, then they will throw the bone to you and you will be excited like a dog. When I first heard about them I was also excited but the more research I did about them, the more I found bad about them. You should change your mind too, just think about it, I was also thinking like you earlier.Heck, I could've even jumped on these ASICs. I knew about them and could've ordered in the first batches itself.
FPGAs are much more power efficient and may or may not be faster than a GPU (price to performance ratio).
People who own mining farms would be interested in getting 1k of these instead of 10k GPUs. In case of FPGAs there can always be some xyz person who can bring out custom implementations (binaries) which perform better than competitors. The cost involved is much lower than a competitor who has to compete against a giant and manufacture a better ASIC.
FPGA mfg are two (Xilinx and Intel/Altera) and they are not mining crypto with their FPGAs. They have a much larger customer base to meet their targets just like for NVIDIA/AMD crypto is not the bread and butter.
The problem with ASIC is one entity is producing, mining and selling them. It's not the ASIC itself but this particular entity.
If I was a money printing machine manufacturer and that's the only thing I do why or when should I sell it to others?
Actually sia developers were absolute morons.
Here is why if they could build an asic it meant anyone else could do it.
So they gambled lost and now cry like a baby.
All the effort they wasted could have been spent making a more secure al-gore-rythm.
Basically, that article is touted bandaid for their own ASIC; Obelisk?
May 26, 2018, 01:43:13 PM
I support FPGA mining not cause I can jump early on it (I am a small scale miner and I can barely afford one $6k FPGA).
Heck, I could've even jumped on these ASICs. I knew about them and could've ordered in the first batches itself.
FPGAs are much more power efficient and may or may not be faster than a GPU (price to performance ratio).
People who own mining farms would be interested in getting 1k of these instead of 10k GPUs. In case of FPGAs there can always be some xyz person who can bring out custom implementations (binaries) which perform better than competitors. The cost involved is much lower than a competitor who has to compete against a giant and manufacture a better ASIC.
FPGA mfg are two (Xilinx and Intel/Altera) and they are not mining crypto with their FPGAs. They have a much larger customer base to meet their targets just like for NVIDIA/AMD crypto is not the bread and butter.
The problem with ASIC is one entity is producing, mining and selling them. It's not the ASIC itself but this particular entity.
If I was a money printing machine manufacturer and that's the only thing I do why or when should I sell it to others?
Yeah keep repeating SIA founder's words. Everyone have read that article. You blame bitmain but protect underground FPGA mining. Yeah no word on that. That's been going on for quite some time. What about their retail availabilty ? Are they available for sale as gpu are ? No, only big guys with big money will benefit from them. You must be blind as a bat if you can't see this as a small scale miner. They are more powerful and more scalable so farms will be even more powerful and efficient. Meanwhile they are available to only handful of people. Just have a look around. You are waiting for some guy on the internet who might deliver them to you. Some middle man. Power in the hands of only few here. What's stopping them from mining with those FPGA's before delivering them to you ? Meanwhile the big guy are already mining with them for more then year and the big guy who missed out before will now be the first one to get their hands on them, then only you will probably get one delivered to you. It's the same as ASICs, once every big guy has eaten the meat, then they will throw the bone to you and you will be excited like a dog. When I first heard about them I was also excited but the more research I did about them, the more I found bad about them. You should change your mind too, just think about it, I was also thinking like you earlier.Heck, I could've even jumped on these ASICs. I knew about them and could've ordered in the first batches itself.
FPGAs are much more power efficient and may or may not be faster than a GPU (price to performance ratio).
People who own mining farms would be interested in getting 1k of these instead of 10k GPUs. In case of FPGAs there can always be some xyz person who can bring out custom implementations (binaries) which perform better than competitors. The cost involved is much lower than a competitor who has to compete against a giant and manufacture a better ASIC.
FPGA mfg are two (Xilinx and Intel/Altera) and they are not mining crypto with their FPGAs. They have a much larger customer base to meet their targets just like for NVIDIA/AMD crypto is not the bread and butter.
The problem with ASIC is one entity is producing, mining and selling them. It's not the ASIC itself but this particular entity.
If I was a money printing machine manufacturer and that's the only thing I do why or when should I sell it to others?
Actually sia developers were absolute morons.
Here is why if they could build an asic it meant anyone else could do it.
So they gambled lost and now cry like a baby.
All the effort they wasted could have been spent making a more secure al-gore-rythm.
May 26, 2018, 12:42:49 PM
I support FPGA mining not cause I can jump early on it (I am a small scale miner and I can barely afford one $6k FPGA).
Heck, I could've even jumped on these ASICs. I knew about them and could've ordered in the first batches itself.
FPGAs are much more power efficient and may or may not be faster than a GPU (price to performance ratio).
People who own mining farms would be interested in getting 1k of these instead of 10k GPUs. In case of FPGAs there can always be some xyz person who can bring out custom implementations (binaries) which perform better than competitors. The cost involved is much lower than a competitor who has to compete against a giant and manufacture a better ASIC.
FPGA mfg are two (Xilinx and Intel/Altera) and they are not mining crypto with their FPGAs. They have a much larger customer base to meet their targets just like for NVIDIA/AMD crypto is not the bread and butter.
The problem with ASIC is one entity is producing, mining and selling them. It's not the ASIC itself but this particular entity.
If I was a money printing machine manufacturer and that's the only thing I do why or when should I sell it to others?
Yeah keep repeating SIA founder's words. Everyone have read that article. You blame bitmain but protect underground FPGA mining. Yeah no word on that. That's been going on for quite some time. What about their retail availabilty ? Are they available for sale as gpu are ? No, only big guys with big money will benefit from them. You must be blind as a bat if you can't see this as a small scale miner. They are more powerful and more scalable so farms will be even more powerful and efficient. Meanwhile they are available to only handful of people. Just have a look around. You are waiting for some guy on the internet who might deliver them to you. Some middle man. Power in the hands of only few here. What's stopping them from mining with those FPGA's before delivering them to you ? Meanwhile the big guy are already mining with them for more then year and the big guy who missed out before will now be the first one to get their hands on them, then only you will probably get one delivered to you. It's the same as ASICs, once every big guy has eaten the meat, then they will throw the bone to you and you will be excited like a dog. When I first heard about them I was also excited but the more research I did about them, the more I found bad about them. You should change your mind too, just think about it, I was also thinking like you earlier.Heck, I could've even jumped on these ASICs. I knew about them and could've ordered in the first batches itself.
FPGAs are much more power efficient and may or may not be faster than a GPU (price to performance ratio).
People who own mining farms would be interested in getting 1k of these instead of 10k GPUs. In case of FPGAs there can always be some xyz person who can bring out custom implementations (binaries) which perform better than competitors. The cost involved is much lower than a competitor who has to compete against a giant and manufacture a better ASIC.
FPGA mfg are two (Xilinx and Intel/Altera) and they are not mining crypto with their FPGAs. They have a much larger customer base to meet their targets just like for NVIDIA/AMD crypto is not the bread and butter.
The problem with ASIC is one entity is producing, mining and selling them. It's not the ASIC itself but this particular entity.
If I was a money printing machine manufacturer and that's the only thing I do why or when should I sell it to others?
What's your point? People with better skill sets, more money and/or better connections get things first. That's natural.
The point is they pretend to be manufacturer, they are much more mining for themselves.
They compete against their customers, by selling them the N-1 generation ASICs and mine with the N generation.
They sell as brand new their used miners.
They don't apply legal warranties (eg EU: 2 years), therefore they don't refund broken items.
They don't respect shipping schedule, coz they mine in the meantime.
I don't mind about companies mining with ASICs or FPGA only for themselves, as long as they don't scam others.
May 26, 2018, 12:02:17 PM
I support FPGA mining not cause I can jump early on it (I am a small scale miner and I can barely afford one $6k FPGA).
Heck, I could've even jumped on these ASICs. I knew about them and could've ordered in the first batches itself.
FPGAs are much more power efficient and may or may not be faster than a GPU (price to performance ratio).
People who own mining farms would be interested in getting 1k of these instead of 10k GPUs. In case of FPGAs there can always be some xyz person who can bring out custom implementations (binaries) which perform better than competitors. The cost involved is much lower than a competitor who has to compete against a giant and manufacture a better ASIC.
FPGA mfg are two (Xilinx and Intel/Altera) and they are not mining crypto with their FPGAs. They have a much larger customer base to meet their targets just like for NVIDIA/AMD crypto is not the bread and butter.
The problem with ASIC is one entity is producing, mining and selling them. It's not the ASIC itself but this particular entity.
If I was a money printing machine manufacturer and that's the only thing I do why or when should I sell it to others?
Yeah keep repeating SIA founder's words. Everyone have read that article. You blame bitmain but protect underground FPGA mining. Yeah no word on that. That's been going on for quite some time. What about their retail availabilty ? Are they available for sale as gpu are ? No, only big guys with big money will benefit from them. You must be blind as a bat if you can't see this as a small scale miner. They are more powerful and more scalable so farms will be even more powerful and efficient. Meanwhile they are available to only handful of people. Just have a look around. You are waiting for some guy on the internet who might deliver them to you. Some middle man. Power in the hands of only few here. What's stopping them from mining with those FPGA's before delivering them to you ? Meanwhile the big guy are already mining with them for more then year and the big guy who missed out before will now be the first one to get their hands on them, then only you will probably get one delivered to you. It's the same as ASICs, once every big guy has eaten the meat, then they will throw the bone to you and you will be excited like a dog. When I first heard about them I was also excited but the more research I did about them, the more I found bad about them. You should change your mind too, just think about it, I was also thinking like you earlier.Heck, I could've even jumped on these ASICs. I knew about them and could've ordered in the first batches itself.
FPGAs are much more power efficient and may or may not be faster than a GPU (price to performance ratio).
People who own mining farms would be interested in getting 1k of these instead of 10k GPUs. In case of FPGAs there can always be some xyz person who can bring out custom implementations (binaries) which perform better than competitors. The cost involved is much lower than a competitor who has to compete against a giant and manufacture a better ASIC.
FPGA mfg are two (Xilinx and Intel/Altera) and they are not mining crypto with their FPGAs. They have a much larger customer base to meet their targets just like for NVIDIA/AMD crypto is not the bread and butter.
The problem with ASIC is one entity is producing, mining and selling them. It's not the ASIC itself but this particular entity.
If I was a money printing machine manufacturer and that's the only thing I do why or when should I sell it to others?
What's your point? People with better skill sets, more money and/or better connections get things first. That's natural.
May 26, 2018, 11:50:34 AM
I support FPGA mining not cause I can jump early on it (I am a small scale miner and I can barely afford one $6k FPGA).
Heck, I could've even jumped on these ASICs. I knew about them and could've ordered in the first batches itself.
FPGAs are much more power efficient and may or may not be faster than a GPU (price to performance ratio).
People who own mining farms would be interested in getting 1k of these instead of 10k GPUs. In case of FPGAs there can always be some xyz person who can bring out custom implementations (binaries) which perform better than competitors. The cost involved is much lower than a competitor who has to compete against a giant and manufacture a better ASIC.
FPGA mfg are two (Xilinx and Intel/Altera) and they are not mining crypto with their FPGAs. They have a much larger customer base to meet their targets just like for NVIDIA/AMD crypto is not the bread and butter.
The problem with ASIC is one entity is producing, mining and selling them. It's not the ASIC itself but this particular entity.
If I was a money printing machine manufacturer and that's the only thing I do why or when should I sell it to others?
Yeah keep repeating SIA founder's words. Everyone have read that article. You blame bitmain but protect underground FPGA mining. Yeah no word on that. That's been going on for quite some time. What about their retail availabilty ? Are they available for sale as gpu are ? No, only big guys with big money will benefit from them. You must be blind as a bat if you can't see this as a small scale miner. They are more powerful and more scalable so farms will be even more powerful and efficient. Meanwhile they are available to only handful of people. Just have a look around. You are waiting for some guy on the internet who might deliver them to you. Some middle man. Power in the hands of only few here. What's stopping them from mining with those FPGA's before delivering them to you ? Meanwhile the big guy are already mining with them for more then year and the big guy who missed out before will now be the first one to get their hands on them, then only you will probably get one delivered to you. It's the same as ASICs, once every big guy has eaten the meat, then they will throw the bone to you and you will be excited like a dog. When I first heard about them I was also excited but the more research I did about them, the more I found bad about them. You should change your mind too, just think about it, I was also thinking like you earlier.Heck, I could've even jumped on these ASICs. I knew about them and could've ordered in the first batches itself.
FPGAs are much more power efficient and may or may not be faster than a GPU (price to performance ratio).
People who own mining farms would be interested in getting 1k of these instead of 10k GPUs. In case of FPGAs there can always be some xyz person who can bring out custom implementations (binaries) which perform better than competitors. The cost involved is much lower than a competitor who has to compete against a giant and manufacture a better ASIC.
FPGA mfg are two (Xilinx and Intel/Altera) and they are not mining crypto with their FPGAs. They have a much larger customer base to meet their targets just like for NVIDIA/AMD crypto is not the bread and butter.
The problem with ASIC is one entity is producing, mining and selling them. It's not the ASIC itself but this particular entity.
If I was a money printing machine manufacturer and that's the only thing I do why or when should I sell it to others?
I am not protecting any underground FPGA mining. Just like mining software for GPU, FPGAs are reconfigurable so there can be someone skilled that can make their own implementations that can outperform someone else's.
Underground mining can't be avoided. That's going to be the situation in every case. People can be crippled by GPU mining too. If there were only mining software that charged 25% dev fees (there's one dev who was going to release a miner to public only if people agreed to this 25%).
There are more players here in play in case of FPGA over ASICs,
Xilinx/Intel makes FPGA,
AVNET/Digilent/Xilinx/Altera-Intel/Micron etc. make the custom FPGA solution boards
Implementations/binaries by someone skilled in HW description language, just like any GPU mining software developer.
Chances of competition is higher compared to just few ASIC mfgs (who might just kicked out by the big one) out there who control everything; too much control in hands of one entity.
May 26, 2018, 11:26:50 AM
I support FPGA mining not cause I can jump early on it (I am a small scale miner and I can barely afford one $6k FPGA).
Heck, I could've even jumped on these ASICs. I knew about them and could've ordered in the first batches itself.
FPGAs are much more power efficient and may or may not be faster than a GPU (price to performance ratio).
People who own mining farms would be interested in getting 1k of these instead of 10k GPUs. In case of FPGAs there can always be some xyz person who can bring out custom implementations (binaries) which perform better than competitors. The cost involved is much lower than a competitor who has to compete against a giant and manufacture a better ASIC.
FPGA mfg are two (Xilinx and Intel/Altera) and they are not mining crypto with their FPGAs. They have a much larger customer base to meet their targets just like for NVIDIA/AMD crypto is not the bread and butter.
The problem with ASIC is one entity is producing, mining and selling them. It's not the ASIC itself but this particular entity.
If I was a money printing machine manufacturer and that's the only thing I do why or when should I sell it to others?
Yeah keep repeating SIA founder's words. Everyone have read that article. You blame bitmain but protect underground FPGA mining. Yeah no word on that. That's been going on for quite some time. What about their retail availabilty ? Are they available for sale as gpu are ? No, only big guys with big money will benefit from them. You must be blind as a bat if you can't see this as a small scale miner. They are more powerful and more scalable so farms will be even more powerful and efficient. Meanwhile they are available to only handful of people. Just have a look around. You are waiting for some guy on the internet who might deliver them to you. Some middle man. Power in the hands of only few here. What's stopping them from mining with those FPGA's before delivering them to you ? Meanwhile the big guy are already mining with them for more then year and the big guy who missed out before will now be the first one to get their hands on them, then only you will probably get one delivered to you. It's the same as ASICs, once every big guy has eaten the meat, then they will throw the bone to you and you will be excited like a dog. When I first heard about them I was also excited but the more research I did about them, the more I found bad about them. You should change your mind too, just think about it, I was also thinking like you earlier. Heck, I could've even jumped on these ASICs. I knew about them and could've ordered in the first batches itself.
FPGAs are much more power efficient and may or may not be faster than a GPU (price to performance ratio).
People who own mining farms would be interested in getting 1k of these instead of 10k GPUs. In case of FPGAs there can always be some xyz person who can bring out custom implementations (binaries) which perform better than competitors. The cost involved is much lower than a competitor who has to compete against a giant and manufacture a better ASIC.
FPGA mfg are two (Xilinx and Intel/Altera) and they are not mining crypto with their FPGAs. They have a much larger customer base to meet their targets just like for NVIDIA/AMD crypto is not the bread and butter.
The problem with ASIC is one entity is producing, mining and selling them. It's not the ASIC itself but this particular entity.
If I was a money printing machine manufacturer and that's the only thing I do why or when should I sell it to others?
May 26, 2018, 10:44:18 AM
Bitmain's 50 cent army trying to manipulate public opinion by using this forum.
seems like it.
To rational people, it seems like GPU-only owners unwilling to adapt are the ones requesting and performing the manipulation.
It's not about ASIC adoption. It's about giving power, control to one giant. I also support FPGA mining.
The issue is with the coin that took a stance on ASIC resistance and deviating from it.
There is also a $15k ASIC with 40k sols. How many can afford it? Now imagine in future that's the only one that's available. Who would be able to afford those?
Profiting is the first priority for everyone but let's not give away the control to some corp. Even GPU mining can lead to centralization but the likelihood of that happening is much lower than with ASICs.
Also FPGAs will share the same fate as ASICs. They are also controlled by only a few corps. supplies are very limited, no retail availabilty and currently no hope for people living out of US/EURO region. Underground mining has been going on for more then year meanwhile still consumer availability of bitstreams is still uncertain. You are complaing about a $15000 ASIC but praising a $6000 FPGA.
Flawed you say? Explain the below to me.
The difference is I can still mine with a $100 or $1k GPU and still have 1/150 th hashrate of the person who holds $15k worth of GPUs. Same doesn't hold for ASICs, if all they have in market is $15k ASIC.
I am not supporting a $6k FPGA, I support the idea of FPGA mining. There are two major FPGA mfg and lots of solution providers with custom FPGA boards.
There are also $1k FPGAs and $300 FPGAs being discussed in that thread.
I support FPGA mining not cause I can jump early on it (I am a small scale miner and I can barely afford one $6k FPGA).
Heck, I could've even jumped on these ASICs. I knew about them and could've ordered in the first batches itself.
FPGAs are much more power efficient and may or may not be faster than a GPU (price to performance ratio).
People who own mining farms would be interested in getting 1k of these instead of 10k GPUs. In case of FPGAs there can always be some xyz person who can bring out custom implementations (binaries) which perform better than competitors. The cost involved is much lower than a competitor who has to compete against a giant and manufacture a better ASIC.
FPGA mfg are two (Xilinx and Intel/Altera) and they are not mining crypto with their FPGAs. They have a much larger customer base to meet their targets just like for NVIDIA/AMD crypto is not the bread and butter.
The problem with ASIC is one entity is producing, mining and selling them. It's not the ASIC itself but this particular entity.
If I was a money printing machine manufacturer and that's the only thing I do why or when should I sell it to others?
May 26, 2018, 12:23:29 AM
Neither you need to invest $15k to mine using asic. There are cheaper too which cost same as a 1050ti. Those FPGA companies won't tell you personally that they started mining with the boards that they are selling you. If you support FPGA, you support ASICs.
I agree with you there after I did more research and considered other opinions.
May 26, 2018, 12:20:18 AM
Bitmain's 50 cent army trying to manipulate public opinion by using this forum.
seems like it.
To rational people, it seems like GPU-only owners unwilling to adapt are the ones requesting and performing the manipulation.
Watch developers "adapt" with a PoW algorithm change. Let's see how you adapt with those Z9's.
Meet PROG PoW: https://www.youtube.com/watch?v=P6B-ZCyP6K8&t=3s
May 26, 2018, 12:09:03 AM
Bitmain's 50 cent army trying to manipulate public opinion by using this forum.
seems like it.
To rational people, it seems like GPU-only owners unwilling to adapt are the ones requesting and performing the manipulation.
It's not about ASIC adoption. It's about giving power, control to one giant. I also support FPGA mining.
The issue is with the coin that took a stance on ASIC resistance and deviating from it.
There is also a $15k ASIC with 40k sols. How many can afford it? Now imagine in future that's the only one that's available. Who would be able to afford those?
Profiting is the first priority for everyone but let's not give away the control to some corp. Even GPU mining can lead to centralization but the likelihood of that happening is much lower than with ASICs.
Also FPGAs will share the same fate as ASICs. They are also controlled by only a few corps. supplies are very limited, no retail availabilty and currently no hope for people living out of US/EURO region. Underground mining has been going on for more then year meanwhile still consumer availability of bitstreams is still uncertain. You are complaing about a $15000 ASIC but praising a $6000 FPGA.
Flawed you say? Explain the below to me.
The difference is I can still mine with a $100 or $1k GPU and still have 1/150 th hashrate of the person who holds $15k worth of GPUs. Same doesn't hold for ASICs, if all they have in market is $15k ASIC.
I am not supporting a $6k FPGA, I support the idea of FPGA mining. There are two major FPGA mfg and lots of solution providers with custom FPGA boards.
There are also $1k FPGAs and $300 FPGAs being discussed in that thread.
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