Topic: EQUIHASH ASICS!?!?! Can it really be? (Read 12650 times)

Bump by the Lol 



anyways, its been a hot issue after Bitmain released its Cryptonight and Etash doorstopper machines (hope not)

If this thread started today, possibility are they truly exist.

It would be more fair to compare it to 6 x 1070 or 6 x RX 570/580, since ETH miners don't USE Vega or 1080 ti cards due to their VERY POOR HASHRATE PER $.

Sure both cards will do ballpark 35 Mhash, but when a 1070 at less than 70% of the cost manages 31+ and a RX 570/580 at HALF OR LESS the cost manages 28-30.....

Who the hell bumped this thread. Look at the date !!!

ASICs are a real threat to decentralized cryptocurrency. But I'm optimistic new algorithms will be developed
that will remove not only the energy advantage of ASICs, but also the cost advantage, like with the new
Bitmain ETHash miner, which again has no energy advantage, but should have a 3-4x hardware cost
advantage upon shipping in August.

I think what is also may be needed for a truly decentralized cryptocurrency is a mechanism to quickly
change the algorithm and forking before development of an ASIC is possible. A mechanism that doesn't
allow for a conspiracy behind the scenes, a mechanism that doesn't allow for advanced knowledge of
what the new algorithm will be. Probably would have to be done every 3 months, like clockwork.

I want to see an x16r yescrypt hybrid.  The x16r framework, but incorporating many different
yescrypt-like GPU-resistant algorithms.   But I'm not sure yescrypt is truly GPU-resistant.  
Maybe it is just that nobody has coded a good GPU miner for it yet.

Now the acquisition of asics becomes unprofitable. I think a lot of people don't understand it but soon I think they'll understand and give up this idea. Now there is a shake-up for the whole market. The profitability of mining decreased to a minimum. I have a lot of friends selling rigs. Asics is generally impossible to sell. Nobody wants them. Cryptocurrency also has fallen dramatically in price.

Good point!

https://www.extremetech.com/computing/263254-samsung-begins-manufacturing-asic-chips-mining-cryptocurrency

yeah yeah...  I see your points.

First of all I think the chicom will learn some humility in the coming years... they seems to have forgotten a lot of think by being trapped in the propaganda and lies of cccp...

I have no idea what's inside those miners... It's possible that they stole some ip to clone gpu chips... who knows... but you point a very important thing, is that nvidia is the type of dirty company (who crypt their bioses) to pay or even develop in house specific algo for their architecture... they did it a lot in the gaming world... just their physx shit... what a scandal...

sha 2 is the easiest algo... and so could be the most competitive... once samsung and maybe intel enter those little shit head from china will start to understand, that we know they want war and they will be served...

their attempted alliance with the terrorists organization call the E.U. is enough for me (which will result in few death from the traitors in europe, the cia being way way way way way more free in foreign unliberated nation).

The new Bitmain Ethash miner on the horizon (shipping in August) matches GPUs in hashrate/watt, so that indicates also it is probably merely some GPUs with lots of memory in a box.  But the thing is, it costs $800 for the equivalent of 5x 1080 Ti or 5x Vega 64.  So _if_ it really is some standard GPU chips in a box with memory, then this could spell the end of using regular graphics cards for mining, because you should be able to reprogram such a box o' GPUs for virtually any coin.  On the other hand, if new crypto-algorithms required the latest patented architecture of NVIDIA/AMD to be able to get a good hashrate, then maybe generic GPUs in a box won't be able to hack it.  

What I'd like to see is something like x16r that combines the most supposedly-ASIC-resistant algos out there.  So it could use Equihash, a new permutation of daggerhashimoto, yescrypt, an Nvidia-Volta-specific algo, an AMD-Vega-specific algo, and a few more like the latest version of cryptonight.  So to mine something like this efficiently you'd need at the minimum a good CPU, a recent NVIDIA card and a recent AMD card all in the same machine.  

I'm not a computer architecture expert, so I don't know if the above is a workable or good idea, but obviously something has to be done besides forking every 6 months. How do you know the core devs aren't colluding to produce their own ASICs ahead of release? People who want freedom and privacy will move to the more decentralized ASIC-resistant PoW crypto, and people who don't value their freedom or privacy will go back to using paypal and visa/mastercard.  And all the ASIC coins will be the first ones broken (probably covertly) by quantum computers.  

exactly, not publicly available, but secret ones? It could be...

It's easy .. scammer = parasite - produce nothing and live of other superior lifeforms.

Some people are asking to be scammed though ...

It's actually easier to create an ethash ASIC miner than equihash ASIC. so most probably fake ethash is more dependent on memory so just produce ASIC with fast memory it will do the job while equihash is dependent on core and memory so more complicated manufacturing process is needed if they did so they can compete with Nvidia and AMD in GPU market. "ethash asics first needed to be released before we even complain about news regarding equihash asics".

Only a video is a real proof, so many days passed but there is still no video, so it is  SCAM for sure !

Well you could watch some nice movies on it :p

Ok. I only registered do give more proof of a scam and thank you.

When I reverse-google the picture, I didn't get any seagate or external harddrive.
But what I found is a forum from 2013 posting the picture and the specs:
The Little Black Box - AMLogic AML8726-M3
https://forum.kodi.tv/showthread.php?tid=163381

 

And I also posted a comment on the equi-hash site asking why it looks like the "little black box" with a link to it.
My comment is waiting for approval right now.
Proof: https://pasteboard.co/kT3awAYD.png

Thanks for you guys, who initially started to mark this as scam. Saved my money.

NOW, check this out, this is a PHOTO I TAKE MYSELF in 2013 of one of my BITCOIN ASICS

That is a BPMC Blue fury BITCOIN ASIC MINER 2.7 MH, i know because I have one from 2013, here is a picture of it.
it is EXACTLY the same (except for the heatsinks) but check at the labels of the circuit board, is the same one, an ancient BITCOIN ASIC MINER, not an equihash one.


any more proof that it is a scam?
if you wanna prove that it is not, please post photo of the rig opened showing circuit board in good res.
i am an electronic engineer, i specialize in microcontrollers and fpga programming, and high speed digital logic, so i will most likely will have an idea
cheers
indkt.

I can see some newbie accounts to make some good comments for this website.?
This fact is nearly 100% scammed project  so be careful with this project .

Guys i ordered one of these miners! Here it is! Its getting me $500 a day from mining! BUY BUY BUY BEFORE THEY SELL OUT!


Picture of the miner i received:




Disclaimer: These are a scam. This post was a joke. DO NOT BUY ONE!

ha ha ha..
50000h/s, this is the best Equihasher ever.. Made my old days always fun.

hey wait i just got V3 its soooooooooooo real mate...

You can even tap on the remote to hash faster... if you hold A and B .. you get a solo mine block... instant.. this is V3.. only for fools...

Like the friging scammers prbably from nigeria hiding on s120.web-hosting.com (198.54.114.189)...............

please go FUCK OFF AND DIE and STOP SCAMMING PEOPLE


Image of V3: