so it means that it's not worth to start buying gpus and building rigs?
I also thinking about this that it’s not much worth to start purchasing gpus and building rigs. But somebody said its still good. 
Topic: ETH GPUs miners beware! (Read 20786 times)
Bitmain is already mining with Asics ETH. That's a fact.
Why??? Because it's impossible to move 8.000gh/s within 2 hours.
if we consider that normal people have 1 6gpu rig about 180mh/s, That's like saying 44.444 6-gpu's mining rigs were switched to ETH in two hours. That's impossible. Unless you are using ASICS.
Do you want another argument???
ETH will go PoS in just about 3 months. Bitmain would never sell not even one ETH asic miner once Vitalik published the Casper patch for PoS , so they are begining to sell their equipment.
Bitmain is to be blamed for the increase in difficulty in ETH. And also, by helping to get 100 million coins quicker, advancing the time to PoS.
Fuck those motherfuckers to hell!!!!!
Why??? Because it's impossible to move 8.000gh/s within 2 hours.
if we consider that normal people have 1 6gpu rig about 180mh/s, That's like saying 44.444 6-gpu's mining rigs were switched to ETH in two hours. That's impossible. Unless you are using ASICS.
Do you want another argument???
ETH will go PoS in just about 3 months. Bitmain would never sell not even one ETH asic miner once Vitalik published the Casper patch for PoS , so they are begining to sell their equipment.
Bitmain is to be blamed for the increase in difficulty in ETH. And also, by helping to get 100 million coins quicker, advancing the time to PoS.
Fuck those motherfuckers to hell!!!!!
ROFL I have 105GH of GPUs on ETH I can switch anywhere I want in less than 10 Min. Yes I move them to GRIN, Raven etc from time to time.
....aaaand, after all this time, despite ASIC manufacturers efforts, ETH GPU mining is still not dead
(although not nearly as good as when thread started)
(although not nearly as good as when thread started)
Bitmain is already mining with Asics ETH. That's a fact.
Why??? Because it's impossible to move 8.000gh/s within 2 hours.
if we consider that normal people have 1 6gpu rig about 180mh/s, That's like saying 44.444 6-gpu's mining rigs were switched to ETH in two hours. That's impossible. Unless you are using ASICS.
Do you want another argument???
8 GHash for Ethereum is well within the range of NORMAL LUCK shifts, there is no need for "44 6-card GPU rigs" to have been brought online in 2 hours to account for it.
It's only about 3% of the current total network hashrate after all.
AUTOMATIC PROFIT SWITCHING mining rigs could account for a lot more than THAT in less than 5 MINUTES - or a single medium-sized Nicehash order starting up could account for it in less than *1* minute.
Watching short-term variations and trying to make something monumental out of them is a fools game.
Casper won't kill ETH mining immediately - that's the "1%/99% first step for TESTING PoS" that *MIGHT* finally go live in a few months if they don't have any MORE delays, making it very unlikely ETH will move to full POS before the end of the year even IF there are no more delays.
Just to add to the rumor mill, I caught the tail end of a segment on CNBC yesterday where it was mentioned that Bitmain "is about to release" a miner for ETH based on Samsung ASICs (at least I think I heard Samsung - I was driving and just switched over to CNBC on my satellite radio). For those not aware, CNBC is a financial news channel in the US which occasionally covers crypto. I wouldn't call them an authoritative source in these matters, but I also wouldn't think they'd bother just reporting a rumor on something so obscure as the vast majority of their audience is only interested in stocks, bonds and options.
UPDATE - here is the link to the online article: https://www.cnbc.com/2018/03/26/analyst-slashes-amd-nvidia-price-targets-on-new-cryptocurrency-mining-chip-from-china.html
UPDATE - here is the link to the online article: https://www.cnbc.com/2018/03/26/analyst-slashes-amd-nvidia-price-targets-on-new-cryptocurrency-mining-chip-from-china.html
Bitmain is already mining with Asics ETH. That's a fact.
Why??? Because it's impossible to move 8.000gh/s within 2 hours.
if we consider that normal people have 1 6gpu rig about 180mh/s, That's like saying 44.444 6-gpu's mining rigs were switched to ETH in two hours. That's impossible. Unless you are using ASICS.
Do you want another argument???
ETH will go PoS in just about 3 months. Bitmain would never sell not even one ETH asic miner once Vitalik published the Casper patch for PoS , so they are begining to sell their equipment.
Bitmain is to be blamed for the increase in difficulty in ETH. And also, by helping to get 100 million coins quicker, advancing the time to PoS.
Fuck those motherfuckers to hell!!!!!
Why??? Because it's impossible to move 8.000gh/s within 2 hours.
if we consider that normal people have 1 6gpu rig about 180mh/s, That's like saying 44.444 6-gpu's mining rigs were switched to ETH in two hours. That's impossible. Unless you are using ASICS.
Do you want another argument???
ETH will go PoS in just about 3 months. Bitmain would never sell not even one ETH asic miner once Vitalik published the Casper patch for PoS , so they are begining to sell their equipment.
Bitmain is to be blamed for the increase in difficulty in ETH. And also, by helping to get 100 million coins quicker, advancing the time to PoS.
Fuck those motherfuckers to hell!!!!!
Where do you see that hash increase?
you can watch it here.
https://www.cryptocompare.com/mining/calculator/eth?HashingPower=&HashingUnit=MH%2Fs&PowerConsumption=&CostPerkWh=&MiningPoolFee=
i look this page like 100 times a day. That's why i see those changes.
Bitmain is already mining with Asics ETH. That's a fact.
Why??? Because it's impossible to move 8.000gh/s within 2 hours.
if we consider that normal people have 1 6gpu rig about 180mh/s, That's like saying 44.444 6-gpu's mining rigs were switched to ETH in two hours. That's impossible. Unless you are using ASICS.
Do you want another argument???
ETH will go PoS in just about 3 months. Bitmain would never sell not even one ETH asic miner once Vitalik published the Casper patch for PoS , so they are begining to sell their equipment.
Bitmain is to be blamed for the increase in difficulty in ETH. And also, by helping to get 100 million coins quicker, advancing the time to PoS.
Fuck those motherfuckers to hell!!!!!
Why??? Because it's impossible to move 8.000gh/s within 2 hours.
if we consider that normal people have 1 6gpu rig about 180mh/s, That's like saying 44.444 6-gpu's mining rigs were switched to ETH in two hours. That's impossible. Unless you are using ASICS.
Do you want another argument???
ETH will go PoS in just about 3 months. Bitmain would never sell not even one ETH asic miner once Vitalik published the Casper patch for PoS , so they are begining to sell their equipment.
Bitmain is to be blamed for the increase in difficulty in ETH. And also, by helping to get 100 million coins quicker, advancing the time to PoS.
Fuck those motherfuckers to hell!!!!!
Where do you see that hash increase?
any source for eth pos or just speculations?
The source is Vitalik.
He has repetedly said he would like 100 million coins. no more than that.
If you enter here : https://etherscan.io/stat/supply
you watch coins generated in 1 day, and you make maths, you´ll see it.
what we don't know is whether Vitalik will allow to have more coins. That's pure especulation. What IT IS NOT, is that in 3 months , according to Vitalik expectations, PoS should be applied to ETH.
any source for eth pos or just speculations?
Forking is not a solution either, they can spin another version of the silicone, its cat, mouse game and in the end the crypto currency may loose value because of the constant forking....so its not that easy to say lets make forks every 3 months, this will put a total mess.
But they only need to play cat and mouse until they complete POS. If you look at the ETH dev calls they're actually already testing POS and it is slowly becoming a possibility. I have utmost confidence in the ETH dev team and although i would hate for it to go POS and loose value in my mining investment, i believe its necessary for ETH to further grow.
i aggree in that ETH will go PoS very soon. My guess is in three months from now. But ....i would like to know why PoS would increase the value of ETH. Moreover, i would like to know why ETH would grow more.
I have the contrary opinion on yours.
Bitmain is already mining with Asics ETH. That's a fact.
Why??? Because it's impossible to move 8.000gh/s within 2 hours.
if we consider that normal people have 1 6gpu rig about 180mh/s, That's like saying 44.444 6-gpu's mining rigs were switched to ETH in two hours. That's impossible. Unless you are using ASICS.
Do you want another argument???
ETH will go PoS in just about 3 months. Bitmain would never sell not even one ETH asic miner once Vitalik published the Casper patch for PoS , so they are begining to sell their equipment.
Bitmain is to be blamed for the increase in difficulty in ETH. And also, by helping to get 100 million coins quicker, advancing the time to PoS.
Fuck those motherfuckers to hell!!!!!
Why??? Because it's impossible to move 8.000gh/s within 2 hours.
if we consider that normal people have 1 6gpu rig about 180mh/s, That's like saying 44.444 6-gpu's mining rigs were switched to ETH in two hours. That's impossible. Unless you are using ASICS.
Do you want another argument???
ETH will go PoS in just about 3 months. Bitmain would never sell not even one ETH asic miner once Vitalik published the Casper patch for PoS , so they are begining to sell their equipment.
Bitmain is to be blamed for the increase in difficulty in ETH. And also, by helping to get 100 million coins quicker, advancing the time to PoS.
Fuck those motherfuckers to hell!!!!!
I have a significant QTY of Sophon SC1 TPUs in deployment for our research customers.
It’s worth noting that the device presents itself to the OS as a Xilinx memory controller with 16GB DDR4.
Bitmain has detailed FP16/32 INT functions available to the Metal API with a theoretical max throughout of 2TFLOPS.
If anyone is interested in getting schedule SSH access to a host with an SC-1, please feel free to PM me.
Does it actually use an xilnix fpga? Just curious. I'm a lot more high on the newer eFPGAs like the Achronix speedcore, I think there's a lot of potential there.
ETH mining difficulty rises so much day by day, those assholes are already mining I am pretty sure, They wont release miners until there wont be news regarding fork or Pos.
Forking is not a solution either, they can spin another version of the silicone, its cat, mouse game and in the end the crypto currency may loose value because of the constant forking....so its not that easy to say lets make forks every 3 months, this will put a total mess.
But they only need to play cat and mouse until they complete POS. If you look at the ETH dev calls they're actually already testing POS and it is slowly becoming a possibility. I have utmost confidence in the ETH dev team and although i would hate for it to go POS and loose value in my mining investment, i believe its necessary for ETH to further grow.
I hope they make the ASIC and then go bankrupt.
https://coincentral.com/when-will-ethereum-mining-end/
https://coincentral.com/when-will-ethereum-mining-end/
Iffy if they have any plans at all to make a equihash miner.
Probability zero of them going bankrupt anytime soon, they're making money hand over fist on the S9's they CAN get made, not to mention the L3+ and other lower-volume models.
I think they may have already released an equihash miner, the super spike in difficulty there cannot be explained otherwise. People mining Equihash compared to Ethereum are fewer. Bitmain is having success with the low power consumption miners so an ethereum one may be in plan.
Do you have a date for the POS???
also whoever have the biggest stake of coins will control the crypto, so decentralization my @ss, I'm getting amused that only now people are starting to realize that crypto decentralization is an illusion. There are basic rules that wont change for many years to come...
why asic are coming if ethereum will go to POS this asic are just a scam and wast of money and they will make it harder foreveryone to earn from mining i wish eth will ban them
Forking is not a solution either, they can spin another version of the silicone, its cat, mouse game and in the end the crypto currency may loose value because of the constant forking....so its not that easy to say lets make forks every 3 months, this will put a total mess.
eth will fork for sure if that happens
Unfortunately probably not.
Yup its over Johnny..... but its not only just bitmain its 3 other companys.
"During our travels through Asia last week, we con confirm that Bitmain has already developed an ASIC for mining Ethereum, and is readying the supply chain for shipments in 2Q18. The initial roll out is expected in 2Q18, but production is expected to be somewhat limited (Bitmain may use these first rigs for proprietary mining within their own infrastructure). Production volumes are expected to ramp significantly beginning in Mya, with more widespread retail availability soon after. While Bitmain is likely to be the largest ASIC vendor (currently 70% to 80% of Bitcoin mining ASICs) and the first to market with this product, we have learned of at least three other companies working on Ethereum ASICs all at various stages of development."
They dont have killer Hash rate, The real killer is how little power they use.
Here is the link for the whole article
https://www.barrons.com/articles/amd-nvidia-at-risk-from-wave-of-new-custom-chips-says-susquehanna-1522082860
eth will fork for sure if that happens "During our travels through Asia last week, we con confirm that Bitmain has already developed an ASIC for mining Ethereum, and is readying the supply chain for shipments in 2Q18. The initial roll out is expected in 2Q18, but production is expected to be somewhat limited (Bitmain may use these first rigs for proprietary mining within their own infrastructure). Production volumes are expected to ramp significantly beginning in Mya, with more widespread retail availability soon after. While Bitmain is likely to be the largest ASIC vendor (currently 70% to 80% of Bitcoin mining ASICs) and the first to market with this product, we have learned of at least three other companies working on Ethereum ASICs all at various stages of development."
They dont have killer Hash rate, The real killer is how little power they use.
Here is the link for the whole article
https://www.barrons.com/articles/amd-nvidia-at-risk-from-wave-of-new-custom-chips-says-susquehanna-1522082860
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