.... but it would be the tits if the device shows up at my door
Absolutely!
Topic: Scrypt ASIC (Read 1886 times)
Absolutely!
i ordered a pre-order for batch 1 from bitbars.net . i know it's a long shot but heck if it comes threw it will be badAZZ
Are you seriously that stupid? THAT IS A SCAM
Did you also send money to Nigeria to get your million dollar "inheritance"? I bet you did. Let me guess - you are still waiting on it ...
Hey bro .. its a scam because why? So many people said BFL was a scam and now i am mining at 50 g/h with my BFL miner. I was one of the first to order with BFL. Risk was high but my money roll today is a lot fater . Bitbars.net has already sold out of batch 1 3000 something orders. So i am guessing i am not the only one rolling the DICE
It's just a silly scam run by Trucoin - was the butt of a whole lot of jokes on here a few weeks ago. If you were dumb enough to preorder, your money is gone. Sorry.
(note his first scam was to sell a $7.95 gold bar USB drive, a widely available common retail item, for $100 claiming it was some kind of special bitbar vault)
(note#2 just because a web site says there are 3000 orders does not make that true. My guess, friend, is you are the first person naive enough to place an actual order)
Yea i have researched this truCoin . Turns out it was a girl. Wonder if that's the person who called me to confirm my order "jess" .Seems like this trucoin was a bag of dicks most of the time but sometimes had some valid thoughts. Oh well i am only out 65 LTC No worries but it would be the tits if the device shows up at my door
The problem is that what is holding Scrypt back is not what was holding SHA-256 back. You can throw more and more processors at SHA-256 and come out with more and more hashrate. This is simply not true for Scrypt. Scrypt requires more processors combined with a higher and higher memory bandwidth. Nvidia and AMD place a lot of money into memory R&D to that end, more than any person interested in a Scrypt ASIC can currently field.
Basically, a Scrypt ASIC will not hash faster than a GPU, because you're not going to put >GDRR5 memory on an ASIC. However, a Scrypt ASIC could work as a standalone unit, which would be beneficial for someone who wants a lot of them. Other than that, there is no real benefit to designing a Scrypt ASIC for anyone interested in cryptocurrency.
Basically, a Scrypt ASIC will not hash faster than a GPU, because you're not going to put >GDRR5 memory on an ASIC. However, a Scrypt ASIC could work as a standalone unit, which would be beneficial for someone who wants a lot of them. Other than that, there is no real benefit to designing a Scrypt ASIC for anyone interested in cryptocurrency.
You are forgetting about the power costs.
Since ASIC's are so much more efficient than using a GPU, they use a lot less energy.
Say an ASIC and a 7970 both hashes at 700KH/s, but the ASIC uses only 80 watts while your 7970 uses 300 watts.
That will save me around $25 a month per ASIC (it's $0.16/kWh where I live)
If I get 12 ASIC's, I'll hash at around 8.4MH/s and save $300 a month.
That's quite a lot when added over the lifespan of my mining rig.
Not to mention it should be a lot quieter!
+1
Plus no messy wires from PSU's and you don't have to get anyone to rewire your house unless you plan to start a huge ASIC farm.
The problem is that what is holding Scrypt back is not what was holding SHA-256 back. You can throw more and more processors at SHA-256 and come out with more and more hashrate. This is simply not true for Scrypt. Scrypt requires more processors combined with a higher and higher memory bandwidth. Nvidia and AMD place a lot of money into memory R&D to that end, more than any person interested in a Scrypt ASIC can currently field.
Basically, a Scrypt ASIC will not hash faster than a GPU, because you're not going to put >GDRR5 memory on an ASIC. However, a Scrypt ASIC could work as a standalone unit, which would be beneficial for someone who wants a lot of them. Other than that, there is no real benefit to designing a Scrypt ASIC for anyone interested in cryptocurrency.
Basically, a Scrypt ASIC will not hash faster than a GPU, because you're not going to put >GDRR5 memory on an ASIC. However, a Scrypt ASIC could work as a standalone unit, which would be beneficial for someone who wants a lot of them. Other than that, there is no real benefit to designing a Scrypt ASIC for anyone interested in cryptocurrency.
You are forgetting about the power costs.
Since ASIC's are so much more efficient than using a GPU, they use a lot less energy.
Say an ASIC and a 7970 both hashes at 700KH/s, but the ASIC uses only 80 watts while your 7970 uses 300 watts.
That will save me around $25 a month per ASIC (it's $0.16/kWh where I live)
If I get 12 ASIC's, I'll hash at around 8.4MH/s and save $300 a month.
That's quite a lot when added over the lifespan of my mining rig.
Not to mention it should be a lot quieter!
The problem is that what is holding Scrypt back is not what was holding SHA-256 back. You can throw more and more processors at SHA-256 and come out with more and more hashrate. This is simply not true for Scrypt. Scrypt requires more processors combined with a higher and higher memory bandwidth. Nvidia and AMD place a lot of money into memory R&D to that end, more than any person interested in a Scrypt ASIC can currently field.
Basically, a Scrypt ASIC will not hash faster than a GPU, because you're not going to put >GDRR5 memory on an ASIC. However, a Scrypt ASIC could work as a standalone unit, which would be beneficial for someone who wants a lot of them. Other than that, there is no real benefit to designing a Scrypt ASIC for anyone interested in cryptocurrency.
Basically, a Scrypt ASIC will not hash faster than a GPU, because you're not going to put >GDRR5 memory on an ASIC. However, a Scrypt ASIC could work as a standalone unit, which would be beneficial for someone who wants a lot of them. Other than that, there is no real benefit to designing a Scrypt ASIC for anyone interested in cryptocurrency.
You are forgetting about the power costs.
Since ASIC's are so much more efficient than using a GPU, they use a lot less energy.
Say an ASIC and a 7970 both hashes at 700KH/s, but the ASIC uses only 80 watts while your 7970 uses 300 watts.
That will save me around $25 a month per ASIC (it's $0.16/kWh where I live)
If I get 12 ASIC's, I'll hash at around 8.4MH/s and save $300 a month.
That's quite a lot when added over the lifespan of my mining rig.
FPGA = Re-programmable
ASIC = Not
Read through the thread in my signature, there is a decent amount of discussion on the subject.
ASIC = Not
Read through the thread in my signature, there is a decent amount of discussion on the subject.
i ordered a pre-order for batch 1 from bitbars.net . i know it's a long shot but heck if it comes threw it will be badAZZ
Are you seriously that stupid? THAT IS A SCAM
Did you also send money to Nigeria to get your million dollar "inheritance"? I bet you did. Let me guess - you are still waiting on it ...
Hey bro .. its a scam because why? So many people said BFL was a scam and now i am mining at 50 g/h with my BFL miner. I was one of the first to order with BFL. Risk was high but my money roll today is a lot fater . Bitbars.net has already sold out of batch 1 3000 something orders. So i am guessing i am not the only one rolling the DICE
It's just a silly scam run by Trucoin - was the butt of a whole lot of jokes on here a few weeks ago. If you were dumb enough to preorder, your money is gone. Sorry.
(note his first scam was to sell a $7.95 gold bar USB drive, a widely available common retail item, for $100 claiming it was some kind of special bitbar vault)
(note#2 just because a web site says there are 3000 orders does not make that true. My guess, friend, is you are the first person naive enough to place an actual order)
i ordered a pre-order for batch 1 from bitbars.net . i know it's a long shot but heck if it comes threw it will be badAZZ
Are you seriously that stupid? THAT IS A SCAM
Did you also send money to Nigeria to get your million dollar "inheritance"? I bet you did. Let me guess - you are still waiting on it ...
Hey bro .. its a scam because why? So many people said BFL was a scam and now i am mining at 50 g/h with my BFL miner. I was one of the first to order with BFL. Risk was high but my money roll today is a lot fater . Bitbars.net has already sold out of batch 1 3000 something orders. So i am guessing i am not the only one rolling the DICE
The problem is that what is holding Scrypt back is not what was holding SHA-256 back. You can throw more and more processors at SHA-256 and come out with more and more hashrate. This is simply not true for Scrypt. Scrypt requires more processors combined with a higher and higher memory bandwidth. Nvidia and AMD place a lot of money into memory R&D to that end, more than any person interested in a Scrypt ASIC can currently field.
Basically, a Scrypt ASIC will not hash faster than a GPU, because you're not going to put >GDRR5 memory on an ASIC. However, a Scrypt ASIC could work as a standalone unit, which would be beneficial for someone who wants a lot of them. Other than that, there is no real benefit to designing a Scrypt ASIC for anyone interested in cryptocurrency.
Basically, a Scrypt ASIC will not hash faster than a GPU, because you're not going to put >GDRR5 memory on an ASIC. However, a Scrypt ASIC could work as a standalone unit, which would be beneficial for someone who wants a lot of them. Other than that, there is no real benefit to designing a Scrypt ASIC for anyone interested in cryptocurrency.
i ordered a pre-order for batch 1 from bitbars.net . i know it's a long shot but heck if it comes threw it will be badAZZ
Are you seriously that stupid? THAT IS A SCAM
Did you also send money to Nigeria to get your million dollar "inheritance"? I bet you did. Let me guess - you are still waiting on it ...
He gave them his address/phone number too apparently. Have fun with your identity theft I guess.
i ordered a pre-order for batch 1 from bitbars.net . i know it's a long shot but heck if it comes threw it will be badAZZ
Are you seriously that stupid? THAT IS A SCAM
Did you also send money to Nigeria to get your million dollar "inheritance"? I bet you did. Let me guess - you are still waiting on it ...
I'm concerned about some people and what type of air they are breathing. I thought only Alice was in Wonderland.
Gotta love how a post like this contributes absolutely nothing to the conversation, yet it still garners towards activity. Rather than take this off topic by poking fun, perhaps you'd have something brilliant to share in the thread?
Like the previous poster said, not everyone knows all the details about ASIC (let alone FPGA) so cut the TC some slack. Topic creator, you definitely have an idea that a lot of people have thought about at least once hypothetically speaking. Developing a PCB and the components to an ASIC or FPGA is very simple, however obtaining a design, even by hiring a well trained software engineer will still require you to invest a lot of money. The cheapest I have seen is no less than $30,000 for about 20 test chips with no guarantees that they will work, up into the millions of dollars. Because of its speculative nature, it would be hard to get a kickstarter going.
It's a huge thing, and the only thing holding you back is a chip design which costs a lot, and production which also costs you a lot. But as I said in my original post before, if you do somehow manage to crank a batch of these, let me know, and I may just buy the entire batch. :-)
Most people are new to this kind of stuff, and don't understand how circuits, etc. work.
I think rudeness is okay here. OP wasn't asking for information on ASICs... he was stating that, with his electronics knowledge, he could just simply reprogram a SHA256 ASIC into hashing Scrypt. Which is hilariously incorrect.
i ordered a pre-order for batch 1 from bitbars.net . i know it's a long shot but heck if it comes threw it will be badAZZ
ROFL, that "ASIC" was the most obvious scam I've seen posted to these forums. "Long shot" is very optimistic.
yea i have seen the negative stuff about this company but they update me every other day.I even got a phone call my some chick "jess" from the bitbar.net .She wanted to confirm my shipping address by phone. WE will see how legit they really are very soon
In that case, I can have some scrypt ASICs ready in two weeks. Taking preorders now.
I'm concerned about some people and what type of air they are breathing. I thought only Alice was in Wonderland.
No need to be rude.
Most people are new to this kind of stuff, and don't understand how circuits, etc. work.
I'm concerned about some people and what type of air they are breathing. I thought only Alice was in Wonderland.
Yes, I understand it's confusing.
After all, why can't you reprogram a SHA-256 ASIC to hash Scrypt?
If I were you, I would do some research first.
Princeton.edu has a really nice explanation on ASIC's and FPGA's: http://www.princeton.edu/~achaney/tmve/wiki100k/docs/Application-specific_integrated_circuit.html
Just understand that ASIC's are made to do one thing and one thing only. You can't make them do anything else.
After all, why can't you reprogram a SHA-256 ASIC to hash Scrypt?
If I were you, I would do some research first.
Princeton.edu has a really nice explanation on ASIC's and FPGA's: http://www.princeton.edu/~achaney/tmve/wiki100k/docs/Application-specific_integrated_circuit.html
Just understand that ASIC's are made to do one thing and one thing only. You can't make them do anything else.
i ordered a pre-order for batch 1 from bitbars.net . i know it's a long shot but heck if it comes threw it will be badAZZ
ROFL, that "ASIC" was the most obvious scam I've seen posted to these forums. "Long shot" is very optimistic.
yea i have seen the negative stuff about this company but they update me every other day.I even got a phone call my some chick "jess" from the bitbar.net .She wanted to confirm my shipping address by phone. WE will see how legit they really are very soon
No offence taken, but I could still try to reprogram these to talk to the other components or even hire someone to. Also these chips are tiny, 7.5 x7.5 (mm) meaning that you could put tons of these onto a circuit board so you can defeat the 2 processor problem.
*facepalm*
with some knowledge in electronics (like I have) you could spend time building a PCB with enough RAM.
I think you are confusing knowledge in designing electronics with knowledge of how to use them them. Just like people think they'll do good in computer science just because they play lots of computer games.
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