I'm thinking about moving my rigs outside of the house, most likely into a shed. I'd be housing around 50 GPUs in there with a view to expand the farm.
Average temps outside:
Month High / Low(°C)
January 7° / 2°
February 7° / 2°
March 10° / 3°
April 13° / 4°
May 16° / 7°
June 19° / 10°
July 21° / 12°
August 21° / 12°
September 18° / 10°
October 14° / 7°
November 10° / 4°
December 7° / 2°
What should I get? Metal or wooden shed? Suggestions are much appreciated.
Topic: Happy New Years! Seventh alt coin thread! - page 5. (Read 34182 times)
I suspect, given lead time on ASIC development and deployment, that most of the current "big wave of new algorithm ASIC miners" out of Bitmain is due more to the big price jumps LAST year, coupled with saturation of the market for the S9 leaving them with unused capacity for chips to be made at TSMC allowing them to introduce the new stuff now.
Keep in mind that development of a new chip on the current nodes takes at least 6 and more commonly 8-10 months, from "first design work" to "final chip design is verified and production quantity deliveries start", then add in another month or two to get the actual miner production design verified and production up to speed.
I'm quite certain that Bitmain would LIKE to have had more of these new models in production 6 months sooner, but probably weren't able to do so.
The new Z9 model is going to be somewhat like the L3 when it first showed up - there's enough existing hashrate that it'll take a while for them to make GPU mining unprofitable, not like the D3 where a single batch could more-or-less match all existing hashrate or the X3 where that single batch blew away the existing hashrate.
We're still looking at months to get the GPUs switched out into something else for profitability, or retired entirely.
It's not going to be like the E3 though, since the Z9 actually IS a ton more efficient than existing GPUs.
Keep in mind that development of a new chip on the current nodes takes at least 6 and more commonly 8-10 months, from "first design work" to "final chip design is verified and production quantity deliveries start", then add in another month or two to get the actual miner production design verified and production up to speed.
I'm quite certain that Bitmain would LIKE to have had more of these new models in production 6 months sooner, but probably weren't able to do so.
The new Z9 model is going to be somewhat like the L3 when it first showed up - there's enough existing hashrate that it'll take a while for them to make GPU mining unprofitable, not like the D3 where a single batch could more-or-less match all existing hashrate or the X3 where that single batch blew away the existing hashrate.
We're still looking at months to get the GPUs switched out into something else for profitability, or retired entirely.
It's not going to be like the E3 though, since the Z9 actually IS a ton more efficient than existing GPUs.
Agreed. Good summary.
The way I see it, the shift will be relatively gentle for both GPU and ASIC.
The only way a bet on z9 fails is if ZEC joins team fork.
The only way NVIDIA miners lose is if no-one is in team fork.
What happens is likely somewhere in the middle. Some fork, some don't. Those that fork vary from fast to slow implementation.
I see a future for both Z9 and NVIDIA miners in 4-6 months.
Right now I'm at 60% capital NVIDIA, 40% VEGA.
Diversity is the key word for home-grown miners ATM.
With that in mind, I'm looking to shift to:
30% NVIDIA, 25% VEGA, 15% Z9 and 30% FPGA.
The energy efficiency of the last two is a huge plus for me as I want to limit power draw to current levels (6,000W).
I have ads up to sell half of NVIDIA rigs.
Paying BTC for z9, as we pay no tax when 'buying' things with crypto in my country (32% tax when turning to fiat).
Paying AUD for FPGA, starting small. Two card rig from a leftover NVIDIA rig.
Exciting times 😀. Hedge your bets IMO!!!!!!!
ALGO-of- the-month coin is my new idea.
this new coin switches every month to a new algo.
the developer launches coin with 36 algos ready to drop for 36 months in a row.
this new coin switches every month to a new algo.
the developer launches coin with 36 algos ready to drop for 36 months in a row.
Interesting idea philipma. The only problem is if they have a number of ASICs of all algos available. There would be months where GPU mining would be profitable (when there are no ASICs for that algo) and there would be months were it would be not (when there are ASICs for the algo, ex: Equihash, Ethash). Hopefully this can be a take off point for other algo-switching ideas though.
Looks like the intro of Z9 is going to be complicated soon..... seems that ZEC devs "wont" mind going ASICs.
See Cryptomined showdown with zooko here:
https://www.youtube.com/watch?v=oPdnG03eI58
See Cryptomined showdown with zooko here:
https://www.youtube.com/watch?v=oPdnG03eI58
Yeah, the ZEC devs are looking pretty rotten right now. I've always been put off by their indecent 20% of every block thing, so we don't have any stake in them ourselves. I definitely hope that ZEN and Komodo do something (either algo switch or fork) since those are the two current Equihash coins that I'm fond of.
That is absolutely true about ZEC devs, they are going to get their 20% no matter who is mining it.
Looks like the intro of Z9 is going to be complicated soon..... seems that ZEC devs "wont" mind going ASICs.
See Cryptomined showdown with zooko here:
https://www.youtube.com/watch?v=oPdnG03eI58
See Cryptomined showdown with zooko here:
https://www.youtube.com/watch?v=oPdnG03eI58
Yeah, the ZEC devs are looking pretty rotten right now. I've always been put off by their indecent 20% of every block thing, so we don't have any stake in them ourselves. I definitely hope that ZEN and Komodo do something (either algo switch or fork) since those are the two current Equihash coins that I'm fond of.
I suspect, given lead time on ASIC development and deployment, that most of the current "big wave of new algorithm ASIC miners" out of Bitmain is due more to the big price jumps LAST year, coupled with saturation of the market for the S9 leaving them with unused capacity for chips to be made at TSMC allowing them to introduce the new stuff now.
Keep in mind that development of a new chip on the current nodes takes at least 6 and more commonly 8-10 months, from "first design work" to "final chip design is verified and production quantity deliveries start", then add in another month or two to get the actual miner production design verified and production up to speed.
I'm quite certain that Bitmain would LIKE to have had more of these new models in production 6 months sooner, but probably weren't able to do so.
The new Z9 model is going to be somewhat like the L3 when it first showed up - there's enough existing hashrate that it'll take a while for them to make GPU mining unprofitable, not like the D3 where a single batch could more-or-less match all existing hashrate or the X3 where that single batch blew away the existing hashrate.
We're still looking at months to get the GPUs switched out into something else for profitability, or retired entirely.
It's not going to be like the E3 though, since the Z9 actually IS a ton more efficient than existing GPUs.
Keep in mind that development of a new chip on the current nodes takes at least 6 and more commonly 8-10 months, from "first design work" to "final chip design is verified and production quantity deliveries start", then add in another month or two to get the actual miner production design verified and production up to speed.
I'm quite certain that Bitmain would LIKE to have had more of these new models in production 6 months sooner, but probably weren't able to do so.
The new Z9 model is going to be somewhat like the L3 when it first showed up - there's enough existing hashrate that it'll take a while for them to make GPU mining unprofitable, not like the D3 where a single batch could more-or-less match all existing hashrate or the X3 where that single batch blew away the existing hashrate.
We're still looking at months to get the GPUs switched out into something else for profitability, or retired entirely.
It's not going to be like the E3 though, since the Z9 actually IS a ton more efficient than existing GPUs.
There are plenty of coin teams already joining together to work on ASIC resistance.
Having Tpruvot as part of the LUX team, is a step towards having the edge in cryptography compared to ASIC devs
Having Tpruvot as part of the LUX team, is a step towards having the edge in cryptography compared to ASIC devs
Looks like the intro of Z9 is going to be complicated soon..... seems that ZEC devs "wont" mind going ASICs.
See Cryptomined showdown with zooko here:
https://www.youtube.com/watch?v=oPdnG03eI58
See Cryptomined showdown with zooko here:
https://www.youtube.com/watch?v=oPdnG03eI58
decent info. thanks.
not sure what to think
Looks like the intro of Z9 is going to be complicated soon..... seems that ZEC devs "wont" mind going ASICs.
See Cryptomined showdown with zooko here:
https://www.youtube.com/watch?v=oPdnG03eI58
See Cryptomined showdown with zooko here:
https://www.youtube.com/watch?v=oPdnG03eI58
Out of curiosity, for the veterans here, how much of the difficulty increase has already been absorbed by Z9's at play? Looking at ZEC from nov-now, for instant, one can see a big rise from roughly 5 Feb to 5 March:
https://www.coinwarz.com/difficulty-charts/zcash-difficulty-chart
Prices were tanking during this time, 2x GPU markups were at play, so it seems unlikely a concentrated wave of new GPUs hit the network around now.
If difficulty increase has already been at play, how much more would we expect from new batches?
Similar scenario with eth, it's hovered in 3-3.2 for some time. Yes that is a different animal with Casper etc. but I'm referring specifically to difficulty increases being "baked in" by the pre-launch mining long before these asics are announced--in which case, we are vastly overestimating future asic-related difficulty spikes b/c they have already occurred.
https://www.coinwarz.com/difficulty-charts/zcash-difficulty-chart
Prices were tanking during this time, 2x GPU markups were at play, so it seems unlikely a concentrated wave of new GPUs hit the network around now.
If difficulty increase has already been at play, how much more would we expect from new batches?
Similar scenario with eth, it's hovered in 3-3.2 for some time. Yes that is a different animal with Casper etc. but I'm referring specifically to difficulty increases being "baked in" by the pre-launch mining long before these asics are announced--in which case, we are vastly overestimating future asic-related difficulty spikes b/c they have already occurred.
Study the Dash difficulty chart.
From 1.4m to 96m in 100 days: about 1m a day.
38TH to 2626TH:
26TH increase per day (1,500 D3's)
I think Bitmain will play this smarter - hence the mini version and '1 limit per customer'.
There is 750MH of equihash ATM. About half of profits is ZEC. Even if everyone except ZEC forked, all nVidia rigs will be down to 50-60% profits assuming some go to ethash/lyra etc.
1.5 million GPU are on equihash.
1,500 Z9 per day shipped seems like a good number. (15MH) we will be at 1,500MH within 50 days. I don't think they want repeats of D3 coupon debacle.
Out of curiosity, for the veterans here, how much of the difficulty increase has already been absorbed by Z9's at play? Looking at ZEC from nov-now, for instant, one can see a big rise from roughly 5 Feb to 5 March:
https://www.coinwarz.com/difficulty-charts/zcash-difficulty-chart
Prices were tanking during this time, 2x GPU markups were at play, so it seems unlikely a concentrated wave of new GPUs hit the network around now.
If difficulty increase has already been at play, how much more would we expect from new batches?
Similar scenario with eth, it's hovered in 3-3.2 for some time. Yes that is a different animal with Casper etc. but I'm referring specifically to difficulty increases being "baked in" by the pre-launch mining long before these asics are announced--in which case, we are vastly overestimating future asic-related difficulty spikes b/c they have already occurred.
https://www.coinwarz.com/difficulty-charts/zcash-difficulty-chart
Prices were tanking during this time, 2x GPU markups were at play, so it seems unlikely a concentrated wave of new GPUs hit the network around now.
If difficulty increase has already been at play, how much more would we expect from new batches?
Similar scenario with eth, it's hovered in 3-3.2 for some time. Yes that is a different animal with Casper etc. but I'm referring specifically to difficulty increases being "baked in" by the pre-launch mining long before these asics are announced--in which case, we are vastly overestimating future asic-related difficulty spikes b/c they have already occurred.
Yeah this is very possible. I think if a lot of coins fork off like monero did. equihash-new-algo and equihash-old-algo could happen.
So 1080ti's could become very good money makers soon.
ignore link
https://www.backup-utility.com/clone/ssd-cloning-freeware-4348.html
Out of curiosity, for the veterans here, how much of the difficulty increase has already been absorbed by Z9's at play? Looking at ZEC from nov-now, for instant, one can see a big rise from roughly 5 Feb to 5 March:
https://www.coinwarz.com/difficulty-charts/zcash-difficulty-chart
Prices were tanking during this time, 2x GPU markups were at play, so it seems unlikely a concentrated wave of new GPUs hit the network around now.
If difficulty increase has already been at play, how much more would we expect from new batches?
Similar scenario with eth, it's hovered in 3-3.2 for some time. Yes that is a different animal with Casper etc. but I'm referring specifically to difficulty increases being "baked in" by the pre-launch mining long before these asics are announced--in which case, we are vastly overestimating future asic-related difficulty spikes b/c they have already occurred.
https://www.coinwarz.com/difficulty-charts/zcash-difficulty-chart
Prices were tanking during this time, 2x GPU markups were at play, so it seems unlikely a concentrated wave of new GPUs hit the network around now.
If difficulty increase has already been at play, how much more would we expect from new batches?
Similar scenario with eth, it's hovered in 3-3.2 for some time. Yes that is a different animal with Casper etc. but I'm referring specifically to difficulty increases being "baked in" by the pre-launch mining long before these asics are announced--in which case, we are vastly overestimating future asic-related difficulty spikes b/c they have already occurred.
I mined 5200 and 6600
the 5200 coins were hodl
most of the 6600 I sold from 00000450 to 00000620
So all the sales paid for power and the 5200 are my fingers crossed they just sit in a rvn wallet.
I got lucky with some gear sales sold gear at an okay price when coins were 8000 usd. coins are now 9700 so my 4000 in sales = 4850 not bad.
Nice, always good to be on the right side of profits.
I'm still filling my fingers crossed bag. It helped when diff dropped super low the last couple weeks, but I noticed the surge the last few days cutting me back down to size.
It appears there are either a lot of people mining it from auto switching algos, or just jumping ship from others due to asics. Either way I've covered some running costs and will keep going for at least 2 more weeks.
I will admit it is nice to mine something where I get a pile of coins; even if the price isn't much yet.
Just a question for you guys with more experience than me
When (if) GPUs dies, like in the past, everyone will suffer to?
Programmers like Claymore
Programmers like the ones who made SMOS, ETHOS etc
Small and Medium Miners
Gamers
When (if) GPUs dies, like in the past, everyone will suffer to?
Programmers like Claymore
Programmers like the ones who made SMOS, ETHOS etc
Small and Medium Miners
Gamers
This is very complex economic question.
The short answer is pain to many that did not understand to diversify.
The long answer is really hard to give.
I see gpus this way.
how many
1080ti
1080
1070ti
1070
1060
1050
1050ti
rx580
rx570
rx560
rx480
rx470
rx460
answer many millions of them.
Killing them off kills off millions that would mine small scale.
Absolute moron move of greed.
But and here is the big but how to keep them alive?
Raven maybe.
ALGO-of- the-month coin is my new idea.
this new coin switches every month to a new algo.
the developer launches coin with 36 algos ready to drop for 36 months in a row.
this makes the coin asic proof for sure.
it makes the coin fpga resistant .
the two players that would want to make a coin like this would be AMD AND NVIDIA
Will we see it I have no idea. But I am holding on to 18x 1080tis just incase we do.
the best moves for a companies like amd and nvidia would be to make a coin
they could control the market and make tons of money with keeping small miners able to mine at the same time
why they havent done this yet baffles me but hey what do i know vs a finance major
You guys think that bitmain will stop trying to make asics for other algos(with new monero algo probably) now since they already have them for like 80% of current gpu mining and will probably start taking over the market from gpus?Or it depends more from if its worth the hustle for them 
Just a question for you guys with more experience than me
When (if) GPUs dies, like in the past, everyone will suffer to?
Programmers like Claymore
Programmers like the ones who made SMOS, ETHOS etc
Small and Medium Miners
Gamers
When (if) GPUs dies, like in the past, everyone will suffer to?
Programmers like Claymore
Programmers like the ones who made SMOS, ETHOS etc
Small and Medium Miners
Gamers
This is very complex economic question.
The short answer is pain to many that did not understand to diversify.
The long answer is really hard to give.
I see gpus this way.
how many
1080ti
1080
1070ti
1070
1060
1050
1050ti
rx580
rx570
rx560
rx480
rx470
rx460
answer many millions of them.
Killing them off kills off millions that would mine small scale.
Absolute moron move of greed.
But and here is the big but how to keep them alive?
Raven maybe.
ALGO-of- the-month coin is my new idea.
this new coin switches every month to a new algo.
the developer launches coin with 36 algos ready to drop for 36 months in a row.
this makes the coin asic proof for sure.
it makes the coin fpga resistant .
the two players that would want to make a coin like this would be AMD AND NVIDIA
Will we see it I have no idea. But I am holding on to 18x 1080tis just incase we do.
Even you have no idea, we are screwed
Thanks to answer, I`m really intestered to see this, because there are more than just miners in this question
Just a question for you guys with more experience than me
When (if) GPUs dies, like in the past, everyone will suffer to?
Programmers like Claymore
Programmers like the ones who made SMOS, ETHOS etc
Small and Medium Miners
Gamers
When (if) GPUs dies, like in the past, everyone will suffer to?
Programmers like Claymore
Programmers like the ones who made SMOS, ETHOS etc
Small and Medium Miners
Gamers
This is very complex economic question.
The short answer is pain to many that did not understand to diversify.
The long answer is really hard to give.
I see gpus this way.
how many
1080ti
1080
1070ti
1070
1060
1050
1050ti
rx580
rx570
rx560
rx480
rx470
rx460
answer many millions of them.
Killing them off kills off millions that would mine small scale.
Absolute moron move of greed.
But and here is the big but how to keep them alive?
Raven maybe.
ALGO-of- the-month coin is my new idea.
this new coin switches every month to a new algo.
the developer launches coin with 36 algos ready to drop for 36 months in a row.
this makes the coin asic proof for sure.
it makes the coin fpga resistant .
the two players that would want to make a coin like this would be AMD AND NVIDIA
Will we see it I have no idea. But I am holding on to 18x 1080tis just incase we do.
Just a question for you guys with more experience than me
When (if) GPUs dies, like in the past, everyone will suffer to?
Programmers like Claymore
Programmers like the ones who made SMOS, ETHOS etc
Small and Medium Miners
Gamers
When (if) GPUs dies, like in the past, everyone will suffer to?
Programmers like Claymore
Programmers like the ones who made SMOS, ETHOS etc
Small and Medium Miners
Gamers
To lighten up the mood, have you guys see the Pacman Coin roadmap/whitepaper its the next best thing after the useless ethereum token
You think that the prices of the equihash coins will go up after the coming of the asics?
I don't know if I should keep on mining rvn atm or try and mine a few zen and zec and keep holding them for a big price.
Hopefully something good will happen in the future for us the gpu miners. ATM I do not own any asic, only gpus
I don't know if I should keep on mining rvn atm or try and mine a few zen and zec and keep holding them for a big price.
Hopefully something good will happen in the future for us the gpu miners. ATM I do not own any asic, only gpus
Bitcoin is nearly exclusively mined by ASICs and the price has boomed. It's not really a matter of how it is mined. This is more a matter of adoption, support, supply/demand, etc etc etc...
You are not alone in only having GPUs and this is something people tend to lose sight of. People see posts about ASIC and FPGA and assume that everyone is just going to run out and drop $20K on equipment. Meanwhile, there are hundreds of gamers and tech enthusiasts that use their solo GPU to mine with occasionally and then end up buying a second one after they have mined enough to ROI the first GPU... And then they buy a third... and a fourth...
GPU mining ain't going anywhere!
Jump to: