Minimum 300/MH/s of performance from a 28nm chip(Not 250)
I'm thinking about getting some. I'm crowdfund raising for one right now. How it works is everyone will get payouts based on buy-in ownership.
https://bitcointalksearch.org/topic/annhoc-houseofcoins-community-business-power-553599
Topic: KnC Titan. Now 250Mhash. (Read 2592 times)
the only winners are the hardware makers and the resellers.
and litecoin bagholders who are looking
I am debating on dumping my GPUs but if x11 picks up, I might just cruise craigslist looking for deals from miners dumping hardware. Aim that firepower at x11 and continue mining until x11 gets ASICS.
I refuse to enter the Scrypt ASIC arms race, the only winners are the hardware makers and the resellers.
I refuse to enter the Scrypt ASIC arms race, the only winners are the hardware makers and the resellers.
As i posted in another thread - assuming that each titan does 250mhs @ 10k and a Gridseed (minimum) 350khs minimum - each Gridseed would have to drop to $14-16 to match that type of khs/cost ratio. I highly doubt they can be sold at that amount for profit.
Glad i stuck to my GPUs. When Gridseeds are worthless, my GPUs won't be.
Glad i stuck to my GPUs. When Gridseeds are worthless, my GPUs won't be.
Hopefully more people will adapt to asic-resistant coins til then. Scrypt is almost dead for us GPU-miners.
Based on the current known specs of 28nm technology any array of chips that pumps out a combined total of 300 mhs of scrypt is going to be using right at 6000 watts at 100% efficiency, which again is never going to happen.
This is an interesting conjecture. Can you explain your reasoning in more detail ?
Overall energy consumption is affected by many factors. Like layout of the board. for example in an ASIC, you can have memory very close to a processor significantly lowering wattage.
Agreed i think it has many variables. One company is going to try run a modular type design with one power board that feeds a calculation board for better efficiency, also making it upgradeable being it modular.
Based on the current known specs of 28nm technology any array of chips that pumps out a combined total of 300 mhs of scrypt is going to be using right at 6000 watts at 100% efficiency, which again is never going to happen.
This is an interesting conjecture. Can you explain your reasoning in more detail ?
Overall energy consumption is affected by many factors. Like layout of the board. for example in an ASIC, you can have memory very close to a processor significantly lowering wattage.
Based on the current known specs of 28nm technology any array of chips that pumps out a combined total of 300 mhs of scrypt is going to be using right at 6000 watts at 100% efficiency, which again is never going to happen.
This is an interesting conjecture. Can you explain your reasoning in more detail ?
So.. Vertcoin and its clones will have value up!
That's why they increased the hash so more ppl would buy them. Now they added more customers and more money to start their farm. By the time we get the titans ROI will be so high you will need to buy their next gen miner (which they have already started mining with) just to catch up. Never ending cat and mouse game..we always lose KNC makes money off our "loans".
Good luck ROI'ing since the majority of Scrypt coins (other than maybe Catcoin) have accelerated retarget schedules. Most Scrypt chains will adjust for the additional hash power almost immediately and you'll be competing against KnC's own Scrypt mining farm.
If theyre anything like theyre Neptune on delivery then we are all screwed. And they just upped it again so we'll see how much of it is real and how much is bullshit.
So they just more than doubled their previous 100mh/s on the same model, seems legit.
They did with their SHA Asics too and delivered.
This is fantastic news, its stiff competition and is very welcome in this space...I'm extremely excited
So they just more than doubled their previous 100mh/s on the same model, seems legit.
pump it to 1000Mh/s please 
250 Mh is insane. What will alpha-t do now?
Vert is not really ASIC resistant as it still uses scrypt and ASIC's could be modified to mine this as well...
The best ASIC resistant coins are ones that use multiple/unique algos as well as random hashes. Coins like Quark, Hirocoin, EMC2(soon to be), Darkcoin etc .. as well as the POS coins like blackcoin and mintcoin, that use proof of stake to mint...
Vert is REALLY ASIC resistant, it is not because of it cannot produce ASIC to mine Vert, but due to N-Factor changing, it is limit time ASIC cycle.
For example, when you created an ASIC for Vert, you will likely to be able to use only 1 year or less due to N-Factor changing. So, it will cost you a lot.
While other algorithm using in Dark, Quark is NOT ASIC resistant anymore. Why I say like that ?
According to NIST (National Institute of Standards and Technology), if you want to become SHA3 candidate, you need to be able to __create by ASIC___. AND every algorithms in X11 used to be SHA3 candidate until Keccak win the competition and become SHA3.
Here is the paper : http://csrc.nist.gov/groups/ST/hash/sha-3/Round2/Aug2010/documents/papers/SCHAUMONT_SHA3.pdf
So, You cannot say those coin is ASIC resistent because when they come out, it is done, while Vert is not the same due to N-Factor which keeps changing.
X11 the algorithm of DRK has blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd and echo. The ASIC must be able to solve all those algorithms. Or at least that's my understanding.
This is exactly how i feel, ive been mining vert for a bit aswell now do to what i expect will be a boom in the coin and a large price increase. I do see more and more coins going towards N Factor, it is obvious to keep a coin decentralized they need to keep it Asic resistant. I am just ready for more and more N factor coins so dificulty is less concentrated on Vert.
Vert is not really ASIC resistant as it still uses scrypt and ASIC's could be modified to mine this as well...
The best ASIC resistant coins are ones that use multiple/unique algos as well as random hashes. Coins like Quark, Hirocoin, EMC2(soon to be), Darkcoin etc .. as well as the POS coins like blackcoin and mintcoin, that use proof of stake to mint...
Vert is REALLY ASIC resistant, it is not because of it cannot produce ASIC to mine Vert, but due to N-Factor changing, it is limit time ASIC cycle.
For example, when you created an ASIC for Vert, you will likely to be able to use only 1 year or less due to N-Factor changing. So, it will cost you a lot.
While other algorithm using in Dark, Quark is NOT ASIC resistant anymore. Why I say like that ?
According to NIST (National Institute of Standards and Technology), if you want to become SHA3 candidate, you need to be able to __create by ASIC___. AND every algorithms in X11 used to be SHA3 candidate until Keccak win the competition and become SHA3.
Here is the paper : http://csrc.nist.gov/groups/ST/hash/sha-3/Round2/Aug2010/documents/papers/SCHAUMONT_SHA3.pdf
So, You cannot say those coin is ASIC resistent because when they come out, it is done, while Vert is not the same due to N-Factor which keeps changing.
X11 the algorithm of DRK has blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd and echo. The ASIC must be able to solve all those algorithms. Or at least that's my understanding.
lol i just read the post above my own...answered my question.
This is exactly how i feel, ive been mining vert for a bit aswell now do to what i expect will be a boom in the coin and a large price increase. I do see more and more coins going towards N Factor, it is obvious to keep a coin decentralized they need to keep it Asic resistant. I am just ready for more and more N factor coins so dificulty is less concentrated on Vert.
Vert is not really ASIC resistant as it still uses scrypt and ASIC's could be modified to mine this as well...
The best ASIC resistant coins are ones that use multiple/unique algos as well as random hashes. Coins like Quark, Hirocoin, EMC2(soon to be), Darkcoin etc .. as well as the POS coins like blackcoin and mintcoin, that use proof of stake to mint...
Vert is REALLY ASIC resistant, it is not because of it cannot produce ASIC to mine Vert, but due to N-Factor changing, it is limit time ASIC cycle.
For example, when you created an ASIC for Vert, you will likely to be able to use only 1 year or less due to N-Factor changing. So, it will cost you a lot.
While other algorithm using in Dark, Quark is NOT ASIC resistant anymore. Why I say like that ?
According to NIST (National Institute of Standards and Technology), if you want to become SHA3 candidate, you need to be able to __create by ASIC___. AND every algorithms in X11 used to be SHA3 candidate until Keccak win the competition and become SHA3.
Here is the paper : http://csrc.nist.gov/groups/ST/hash/sha-3/Round2/Aug2010/documents/papers/SCHAUMONT_SHA3.pdf
So, You cannot say those coin is ASIC resistent because when they come out, it is done, while Vert is not the same due to N-Factor which keeps changing.
I want one
K.
K.
I do not want it - it is the same risky business as with bitcoin ASICS. When these arrive to market they strive to pay themselves and electricity. It is real lottery to order it. You risk much less when you invest into coins. And you can guess, which are becoming attractive now.
This is exactly how i feel, ive been mining vert for a bit aswell now do to what i expect will be a boom in the coin and a large price increase. I do see more and more coins going towards N Factor, it is obvious to keep a coin decentralized they need to keep it Asic resistant. I am just ready for more and more N factor coins so dificulty is less concentrated on Vert.
Vert is not really ASIC resistant as it still uses scrypt and ASIC's could be modified to mine this as well...
The best ASIC resistant coins are ones that use multiple/unique algos as well as random hashes. Coins like Quark, Hirocoin, EMC2(soon to be), Darkcoin etc .. as well as the POS coins like blackcoin and mintcoin, that use proof of stake to mine.
Yes , its now a cat and dog between asic makers and developers. GPU mining will stay as long as new algos will keep on emerging.
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