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Topic: Litecoin ASIC?!?! (Read 13512 times)

hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
July 28, 2013, 09:48:39 PM
#56
Mine are not. But I cannot speak for everyone.  But having an fpga does not mean faster just more efficient.
sr. member
Activity: 428
Merit: 250
July 28, 2013, 08:27:12 PM
#55
Some fgpa project for LTC are on the way, it won't be surprising if some are running already secretly...
legendary
Activity: 2660
Merit: 1096
Simplemining.net Admin
July 28, 2013, 08:04:44 PM
#54
it might be also cheat Smiley
hero member
Activity: 602
Merit: 500
July 28, 2013, 07:42:36 PM
#53
225! wowza
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
June 23, 2013, 04:47:56 AM
#52
In russian local is post about building mega-farm of 600 gpu, so up to 400 Mh/s in scrypt Wink

nice cheap or free power i bet .
legendary
Activity: 2072
Merit: 1001
June 22, 2013, 10:52:03 PM
#51
Was any of those high hash rate users exploiting the bug in stratum code?
hero member
Activity: 1395
Merit: 505
June 22, 2013, 10:33:19 PM
#50
Just a large GPU farm

Remember that in the bitcoin world ASICS are cranking out 25 gh/s per unit

You know ASICS have arrived when you see one miner with more capacity than the entire network previously had

In the case of Litecoin, the network is 20 gh/s so 135 mh/s is quite literally nothing.  Drop in the bucket
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
June 22, 2013, 10:25:14 PM
#49
If I remember correctly I saw him talking about it before on IRC.
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
June 22, 2013, 09:58:44 PM
#48
He has a warehouse full of gpus, its not something new.

located where ? - website ?
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
June 22, 2013, 09:15:48 PM
#47
He has a warehouse full of gpus, its not something new.
legendary
Activity: 2674
Merit: 3000
Terminated.
June 22, 2013, 07:47:47 PM
#46
Huge GPU farm or botnet, not asic Wink
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
June 22, 2013, 05:36:59 PM
#45
"Dodgey"

"dodg"

English or Australian decent likely.

don't know many US with that sense of humor .
newbie
Activity: 4
Merit: 0
June 21, 2013, 01:40:17 PM
#44
I have seen "dodg" on multiple pools. I first saw his farm when I mined with Hypernova, then saw him on PXC and DGC pools a while back.
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
April 28, 2013, 09:17:22 AM
#43
We cohost at our own location.  We were sick of seeing people buying into shares of something that no-one verifies or paying into hash rates with nothing else involved(no for sure payouts).

We built a building added A/C, 500 Amp Power Service to start and host everything using a custom interface to check downtime, auto-restart etc..

Wow, running a custom server farm sounds a lot like running a hydroponic farm, lol!  (Not that I'd know anything about that)  Grin


We mostly do investments, 12% return and no worries about running anything as we handle it all. We also pay bonus payouts based on the market.  Handling other people's rigs are more of a headache to keep track of them, separate duties as requested, etc.. Easier to keep everything as one and just do payouts.

Plus unlike most other 'investment' groups on here, we are a real company based in Texas(USA), licensed and insured and anyone can visit us at anytime.

Where in Texas? I'm in Central Texas myself, very lonely geek out here.  The few nerds I do know in the area still have no idea about crypto's. 
Anyway, interested in investing, also have some BFL units on the way and would consider co-locating to your farm.  PM me if interested, thanks!


the BFL units will be not all that helpful on that particular event , just so you know.  be interested to know where the source power is being generated from? main line or alt? be some significant hedging going on ?
newbie
Activity: 39
Merit: 0
April 28, 2013, 09:09:50 AM
#42
We cohost at our own location.  We were sick of seeing people buying into shares of something that no-one verifies or paying into hash rates with nothing else involved(no for sure payouts).

We built a building added A/C, 500 Amp Power Service to start and host everything using a custom interface to check downtime, auto-restart etc..

Wow, running a custom server farm sounds a lot like running a hydroponic farm, lol!  (Not that I'd know anything about that)  Grin


We mostly do investments, 12% return and no worries about running anything as we handle it all. We also pay bonus payouts based on the market.  Handling other people's rigs are more of a headache to keep track of them, separate duties as requested, etc.. Easier to keep everything as one and just do payouts.

Plus unlike most other 'investment' groups on here, we are a real company based in Texas(USA), licensed and insured and anyone can visit us at anytime.

Where in Texas? I'm in Central Texas myself, very lonely geek out here.  The few nerds I do know in the area still have no idea about crypto's. 
Anyway, interested in investing, also have some BFL units on the way and would consider co-locating to your farm.  PM me if interested, thanks!
member
Activity: 94
Merit: 10
April 28, 2013, 08:52:58 AM
#41


Feathercoin - 136 MH/s ?!  Shocked

That's a lot of feathercoin !

Please be calm, I know the man,there are a lots of GPUS

I know who's doing the dumping first!

Not Fontas?
member
Activity: 80
Merit: 10
Prospecting on the net, in a rundown old shack..
April 28, 2013, 08:50:44 AM
#40
This is really sad. It just means that it's going to be harder for everyone to mine coins while the price stays low.

That's my opinion too.

And they've been all over the pools. While I've been struggling to make 1k they've been eating them all up.

Defeats the purpose of pool mining, I thought... isn't that what solo mining is for?

hrmmr I dunno enough.. probly just whinging for nothing...

:/


legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
April 28, 2013, 06:23:33 AM
#39


Feathercoin - 136 MH/s ?!  Shocked

That's a lot of feathercoin !

Please be calm, I know the man,there are a lots of GPUS

I know who's doing the dumping first!
member
Activity: 94
Merit: 10
April 28, 2013, 05:01:09 AM
#38
This situation makes me sad and really gives a bad opinion about crypto-currencies among public.
In pool where I'm mining a top guy have two weeks ago 50,000kH/s, last week 150,000kH/s, now over 200,000kH/s but highly fluctuating (170-210).
I'm trying, but could not imagine his mining rigs and thinking that this is botnet too.

The whole problem is caused by the fact that scrypt was designed to have good output on CPUs, thus attracting this kind of mining.
It will be probably resolved only after introduction of scrypt ASICs Sad so it will be not profitable run botnet in that network.
It's probably only matter of time, some guys working on them. It was told at first that scrypt will not be very profitable on GPUs compared to CPUs, look at the situation now Smiley


You're talking about *weareken* on wemineltc.com, right? That dude is hashing with a huge fluctuation.
member
Activity: 117
Merit: 10
Not only FUD :)
April 28, 2013, 01:24:14 AM
#37


Feathercoin - 136 MH/s ?!  Shocked

That's a lot of feathercoin !

Please be calm, I know the man,there are a lots of GPUS
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