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Topic: ETH GPUs miners beware! - page 6. (Read 20730 times)

full member
Activity: 364
Merit: 106
ONe Social Network.
February 14, 2018, 03:05:37 PM
@Metroid, exactly, one of the problems is whales and everybody else buying up all the gpus no matter the prices, I can totally imagine people standing in lines just to buy $2k 1x 1080ti lol,

I don't understand why trolls are trying to prove me wrong, many of them bought titan v for $3000 to mine eth 79mhs, titan v is gone and that is $3000, imagine what would they do for a rx 580 30mhs.

Come on you trolls must wake up to reality, this is stupid, yesterday was beyond, trolls buying apus igpus to mine eth or cryptonight.

I like the asic idea cause this is already out of control, retailers are thinking with every gpu you buy from  them you are mining 1 btc which is almost 10k again, think they will sell them cheap? even if they buy them for $300 they will still sell their gpus for a lot more, right now 2x and in some case 3x and in extreme cases, 5x cause you are earning 10k per day per gpu and they are earning nothing even if they sell for 5x to you and that is what they think.

And the funny thing is, the more desperate and stupid you troll are, the more overpriced and greedy they will be. Think about it you troll and never pay more a msrp, my friend is a miner and he never paid more than $220 for a rx 580.

really man, take your pills, they will help to sort that shit in your head
member
Activity: 130
Merit: 11
February 14, 2018, 03:03:20 PM
...Yes now they can build asics for eth and sell to idiots cause they are paying $1000 for a rx 580 30mhs...

You have probably said this line a 100 times in the last couple months. Who pays that much? RX 570/580 can be easily gotten for $500 (which I would never do) and with just a tiny bit of effort can be gotten for $329-$400.

What evidence do you have that there are a ton of idiots willing to pay $1000 for a 580?

the evidence is really simple to provide, look at network hashrate increase for popular gpu mineable coins in the last....let's say 3 months...and you can make some rough calculations how many gpus went online in that period, which means gpus are selling, high prices or not, I usually like to mind my manners but I totally don't judge Metroid at all for calling everybody idiots and whatnot for buying gpus at those prices...

btw that's how you bring asics in the game too,
what if 1080ti's were seriously selling for $2-3k? or even more? manufacturing and buying asics wouldn't be a bad idea then, but rather a smart choice or even a necessity... depends from which perspective you look at it, regular pc builder/gamer or miner...
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
February 14, 2018, 02:54:58 PM
@Metroid, exactly, one of the problems is whales and everybody else buying up all the gpus no matter the prices, I can totally imagine people standing in lines just to buy $2k 1x 1080ti lol,

I don't understand why trolls are trying to prove me wrong, many of them bought titan v for $3000 to mine eth 79mhs, titan v is gone and that is $3000, imagine what would they do for a rx 580 30mhs.

Come on you trolls must wake up to reality, this is stupid, yesterday was beyond, trolls buying apus igpus to mine eth or cryptonight.

I like the asic idea cause this is already out of control, retailers are thinking with every gpu you buy from  them you are mining 1 btc which is almost 10k again, think they will sell them cheap? even if they buy them for $300 they will still sell their gpus for a lot more, right now 2x and in some case 3x and in extreme cases, 5x cause you are earning 10k per day per gpu and they are earning nothing even if they sell for 5x to you and that is what they think.

And the funny thing is, the more desperate and stupid you troll are, the more overpriced and greedy they will be. Think about it you troll and never pay more a msrp, my friend is a miner and he never paid more than $220 for a rx 580.
full member
Activity: 394
Merit: 101
February 14, 2018, 02:53:11 PM
In the darkest situation that they can build an asic for ethash , there will be many other coins poping out with new algos for gpus , gpu mining will never die and never did before , maybe one of bitmain customers tell me where is the S3 now i can tell you IN THE GARBEGE , so f**k off
I am counting on that Smiley) otherwise i am busted  Roll Eyes
sr. member
Activity: 661
Merit: 258
February 14, 2018, 02:49:07 PM
In the darkest situation that they can build an asic for ethash , there will be many other coins poping out with new algos for gpus , gpu mining will never die and never did before , maybe one of bitmain customers tell me where is the S3 now i can tell you IN THE GARBEGE , so f**k off
full member
Activity: 1148
Merit: 132
February 14, 2018, 02:48:06 PM
What evidence do you have that there are a ton of idiots willing to pay $1000 for a 580?

Evidence? Are you for real? You must be kidding right? trolls are using igpu to mine and you say they are not? They are desperate, they are insane, they are mindless and if you sum up they would even pay $9999999999999999999999999999999999999999999999999999999 for a rx 580, know why? cause they are sick.

one article regarding nvidia crypto mentioned about why nvidia and amd can not supply enough GPUs to market during this white hot demand is because of the manufacturing company TMSC is in full throttle and no f* way to meet the demand.

How can you stop idiots from throwing $1000 for rx 580 for 30mhs? Build asics with a partner and earn more money for less from those idiots.

maybe in the EU and other countries , in the USA 580s and 570s are around 500 to $700 for good quality ones, hes not too far off
full member
Activity: 394
Merit: 101
February 14, 2018, 02:47:48 PM
What evidence do you have that there are a ton of idiots willing to pay $1000 for a 580?

Evidence? Are you for real? You must be kidding right? trolls are using igpu to mine and you say they are not? They are desperate, they are insane, they are mindless and if you sum up they would even pay $9999999999999999999999999999999999999999999999999999999 for a rx 580, know why? cause they are sick.

one article regarding nvidia crypto mentioned about why nvidia and amd can not supply enough GPUs to market during this white hot demand is because of the manufacturing company TMSC is in full throttle and no f* way to meet the demand.

How can you stop idiots from throwing $1000 for rx 580 for 30mhs? Build asics with a partner and earn more money for less from those idiots.

Dude, i dont like to chip in but it looks like you need to slow down and look around.
i can see on ebay rx580 can be had around ~400$. much faster powerul gtx1080 can be had around 700$ which I have been buying.

https://www.ebay.com/sch/i.html?_from=R40&_sacat=0&LH_BIN=1&_nkw=rx+580&_sop=15
member
Activity: 130
Merit: 11
February 14, 2018, 02:46:37 PM
@Metroid, exactly, one of the problems is whales and everybody else buying up all the gpus no matter the prices, I can totally imagine people standing in lines just to buy $2k 1x 1080ti lol,

dude, I remember when I bought my rx480 8gb for 300€, the same rx580 8gb today can be found for ~600€ maybe 500€, It's ridiculous[EU area]

I'm not buying overpriced hardware out of spite and protest!! pisses me off! stop and think for a sec,
rx580 for 500€, no freaking way dude, I don't care, I REFUSE that to be the real value!
It's like, hey, wanna buy intel celeron for 200€?!? same goddamn thing!

I say let them make eth asics, let them make millions of them, I don't care, I started mining long time ago out of fun, throughout the years managed to afford gpus 1 by 1 strictly from the cryptos I mined and I'm still doing that...
So far have never bought overpriced gpus and usually at the times like these waited for the firesellers to buy gpus from them for normal second hand prices when gpu mining took a dip in profitability or something...I don't care I'm not that much in a need nor in a hurry...

Gpu prices are ridiculously high for such a long time now and it's time something happens to normalize this market, if bitmain making asic is the way, so be it!  Angry Angry Angry

sr. member
Activity: 2142
Merit: 353
Xtreme Monster
February 14, 2018, 02:40:38 PM
What evidence do you have that there are a ton of idiots willing to pay $1000 for a 580?

Evidence? Are you for real? You must be kidding right? trolls are using igpu to mine and you say they are not? They are desperate, they are insane, they are mindless and if you sum up they would even pay $9999999999999999999999999999999999999999999999999999999 for a rx 580, know why? cause they are sick.

Here you go and buy this rx 580 for $719, looks like they are on discount from 2 weeks ago and that is within usa, imagine the price outside usa, in europe would be 720 euros, in uk 720 gbp and developing countries, 2 or 3x that prices, go to africa and buy it for just $1400 or brazil for $1400.

https://www.newegg.com/Product/Product.aspx?Item=9SIA6V66J47564

one article regarding nvidia crypto mentioned about why nvidia and amd can not supply enough GPUs to market during this white hot demand is because of the manufacturing company TMSC is in full throttle and no f* way to meet the demand.

How can you stop idiots from throwing $1000 for rx 580 for 30mhs? Build asics with a partner and earn more money for less from those idiots.
full member
Activity: 394
Merit: 101
February 14, 2018, 02:35:28 PM
one article regarding nvidia crypto mentioned about why nvidia and amd can not supply enough GPUs to market during this white hot demand is because of the manufacturing company TMSC is in full throttle and no f* way to meet the demand. nvidia and amd only designs it. So logically thinking if bitmain can manage to come up something for ETH i think hye will be on same situation and supply constraints faced by GPUs. Under the hood, I expect the similar type IC and chips for doing the mining.
member
Activity: 247
Merit: 59
February 14, 2018, 02:35:19 PM
#99
...Yes now they can build asics for eth and sell to idiots cause they are paying $1000 for a rx 580 30mhs...

You have probably said this line a 100 times in the last couple months. Who pays that much? RX 570/580 can be easily gotten for $500 (which I would never do) and with just a tiny bit of effort can be gotten for $329-$400.

What evidence do you have that there are a ton of idiots willing to pay $1000 for a 580?
full member
Activity: 1148
Merit: 132
February 14, 2018, 02:33:13 PM
#98
btw fuck you admins for constanly deleting my posts , others post way less useful or frivolous shit and you constantly delete my posts fuck off
full member
Activity: 394
Merit: 101
February 14, 2018, 02:30:45 PM
#97
i am not familiar with the mining algorithm software however still involve din sofware dev in diff project. This kept wondering why they make slight mods to an mining algorithm such that it is no longer mineable by asic. I mean asic is 1000x faster than software but use the software adv. against the asic, which is flexibility and speed of development.
full member
Activity: 194
Merit: 100
February 14, 2018, 02:28:30 PM
#96
Their usual business tactics is to run the year themselves and then sell them to the public as new ones. So the difficulty will not be increased if they are sold, they are already running today. If there is any truth at all.
sr. member
Activity: 2142
Merit: 353
Xtreme Monster
February 14, 2018, 02:20:28 PM
#95
Only reason eth asics have not come out is because GPUs have still been more economical, but with current eth prices that changes. An eth asic is essentially a GPU with a much smaller compute die and cheaper memory.

Exactly, most of these trolls don't understand what that means.

Yes now they can build asics for eth and sell to idiots cause they are paying $1000 for a rx 580 30mhs, imagine how much idiots would pay for 350mhs, develop a 350mhs eth asic and put a price tag of $9999 and will be millions of idiots on the queue to buy it. If the rx 580 was selling for $180 then it would never happen.
newbie
Activity: 42
Merit: 0
February 14, 2018, 02:10:55 PM
#94
There’s a worldwide shortage in memory availability.
Yes and only for 90% GDDR5 and 10% DDR4. Do you really believe that for DDR3 or GDDR3? If you do then it means you are clueless about whoever manufactures them, So I will leave to that, there is nothing to talk about.

Almost all modern GPU's today use GDDR5 memory though so what he said about memory shortages being a bottleneck for GPU production isn't wrong since you yourself confirmed that there is indeed a memory shortage for GDDR5 memory. You won't find anymore high end GPU's using GDDR3. At best, some companies still manufacture older entry level GPU's from the NVidia 600 series or Radeon 5000 series that are used in industrial settings or for HTPC's. But you wouldn't want to be mining much with a GeForce GT 610 or Radeon 5450 anyways.
legendary
Activity: 2117
Merit: 1397
February 14, 2018, 02:06:55 PM
#93
This kind of makes sense assuming the numbers are correct for 32GB per 6 asics on each board. That means about 5GB of memory for each asic. If they are really using DDR3 (which again makes sense for an ASIC style eth design, since 96 GB of GDDR5 would be crazy expensive), they could probably get away with a 256 bit memory bus running at 933mhz (near max of DDR3). That would translate to about 60GB/s per asic or about 7mh, x 6 = 42 MH per board or 126 mh per machine at probably 200-300 watts.

Nothing crazy but is the equivalent of a 6 GPU rig, for probably half the power cost at half the USD cost.

I think theres some faulty math going on here, the article says 6 chips and 32gb per board, 3 boards, and a total of 72gb. Also it says 32 1GB chips ... how many 1GB DDR3 chips have you ever seen jstenfanop?
Now if it were 24gb per board, that would make some sense as thats 6 x 4 so each asic/gpu gets 4gb. In any case, no chip designer is going to go with ddr3, and a 28nm process for prod, maybe for a test/tapeout but not full scale prod, it'd just be stupid. This is just pure vaporware.

Also guys quit hating on Metroid, hes just salty he missed the mining bus, let him enjoy these few moments he gets, however fake they may be.

Here you go :p

https://www.micron.com/parts/dram/ddr3-sdram/mt41k512m16ha-107?pc={00EED26F-83AE-4CE6-9A28-EB8B033361E8}

1GB x16 wide  933mhz chip super cheap DDR3 chip. Either way something is wrong with the article since the numbers don't add. If they are doing something like this would make sense to use 512MB x16 wide chips for lets say 4GB of 128 bit wide ram per core. Then your looking at like 7 or 14 MH per core depending on number on memory interfaces per core.

You don't need anything crazy on the core to do the hashes...going lower than 28nm for an eth specific asic is what would really be "stupid" as you put it.

Only reason eth asics have not come out is because GPUs have still been more economical, but with current eth prices that changes. An eth asic is essentially a GPU with a much smaller compute die and cheaper memory.

One of these cores would be about $10 bucks for the asic core/memory controller, and another 20 bucks for the 4GB of DDR3 ram. So your looking at around 30 bucks per 14 MH core (lets say it has 4 memory interfaces).

So bitmain is looking at the current market and are like hey 30 MH GPUs are selling for 400 bucks, we can make the equivalent with 2 ASIC cores for 60 bucks and sell it for 200 with a fraction of the power consumption = win.

sr. member
Activity: 2142
Merit: 353
Xtreme Monster
February 14, 2018, 02:02:20 PM
#92
There’s a worldwide shortage in memory availability.
Yes and only for 90% GDDR5 and 10% DDR4. Do you really believe that for DDR3 or GDDR3? If you do then it means you are clueless about whoever manufactures them, So I will leave to that, there is nothing to talk about.
hero member
Activity: 852
Merit: 500
February 14, 2018, 02:00:39 PM
#91
I could only imagine the hashrate. I doubt there will be that many produced as the demand may drive up the price and scarcity of memory.  I'm wondering if this rumor coming into fruition would preempt the Casper fork.
full member
Activity: 259
Merit: 108
February 14, 2018, 01:48:51 PM
#90
More importantly, the main bottleneck in GPU production is memory availability, there's just not enough chips

Where are you? Do you live in this planet? It does not look like that. GDDR3 has its own manufacturing plant, memory availability is not a problem cause few things use GDDR3 nowadays.

There’s a worldwide shortage in memory availability... fairly common knowledge. It’s like saying there isn’t a GPU shortage. Hello! Yes there is. It’s amazing how incorrect you are on virtually everything you post lol
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