Scrypt ASIC miners? | Bitcointalksearch.org

anderl

hero member

Activity: 714

Merit: 500

Quote from: hostmaster on February 03, 2014, 12:53:02 PM

Quote from: jdh015232 on February 03, 2014, 10:01:27 AM

coins have to be launched differently now, we cant allow these people to collect massive amounts of every coin the first day, they are essentially completely controlling the market when they end up with 60% or more of the coins mined. it defeats the purpose of cryptos when theirs no decentralization of mining like is starting to happen

+1 where is the idea of freedom for users?
we must make sure each person equally benefit alsoit's good in generalwise coin economy to market...

Yeah I agree!!! Down with those GPU mining farms. We should ban GPUs and engineer coins to be GPU resistant. It sucks that they can mine tons of coins in the first day while us CPU miners can only get a few at a time because difficulty skyrockets!!!

hostmaster

sr. member

Activity: 266

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Quote from: jdh015232 on February 03, 2014, 10:01:27 AM

coins have to be launched differently now, we cant allow these people to collect massive amounts of every coin the first day, they are essentially completely controlling the market when they end up with 60% or more of the coins mined. it defeats the purpose of cryptos when theirs no decentralization of mining like is starting to happen

+1 where is the idea of freedom for users?
we must make sure each person equally benefit alsoit's good in generalwise coin economy to market...

mindtrip

legendary

Activity: 1167

Merit: 1009

Were still a way off from any fast Scrypt Asic Miners becoming available to the public so keep on GPU mining

BitcoinEXpress

legendary

Activity: 1210

Merit: 1024

Love this lame attempt to pump "Scrypt Asics".

Theoretically possible - yes

Economically feasible - not in this life time

Botnets, large pool ops skimming hash rate and multipools are why you are seeing those large miners.

~BCX~

greentea

legendary

Activity: 1418

Merit: 1002

I've seen 700+ over at middlecoin, here is the discussion on reddit:

http://www.reddit.com/r/litecoinmining/comments/1uwab4/possible_botnet_on_middlecoin/

hypes

full member

Activity: 168

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Quote from: Vivisector999 on February 03, 2014, 10:00:00 AM

Alot of people are taking the money they are making and buying more and more cards. It's very feasible. We use to have a guy on netcodepool that had over 300 Mhs. He had a huge miner farm. The ASICS might be here, but they are no better/faster than GPU's. The only saving is in power consumption.

Although this is an obvious point, it's the correct one at the moment.

jdh015232

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Activity: 756

Merit: 500

coins have to be launched differently now, we cant allow these people to collect massive amounts of every coin the first day, they are essentially completely controlling the market when they end up with 60% or more of the coins mined. it defeats the purpose of cryptos when theirs no decentralization of mining like is starting to happen

Vivisector999

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Activity: 541

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Alot of people are taking the money they are making and buying more and more cards. It's very feasible. We use to have a guy on netcodepool that had over 300 Mhs. He had a huge miner farm. The ASICS might be here, but they are no better/faster than GPU's. The only saving is in power consumption.

hypes

full member

Activity: 168

Merit: 100

Quote from: Fastpow on February 03, 2014, 09:47:49 AM

Quote from: jakedeez on February 03, 2014, 09:43:02 AM

Quote from: suchnoob on February 03, 2014, 05:31:05 AM

Here it is folks: 2 people mining at ~ over 200Mh/s, close to eachother. 250Mh/s means at least 270 cards up to 400. Which is at least unfeasible.

https://www2.coinmine.pl/rdd/index.php?page=statistics&action=pool

Why isn't it feasible? I know someone running 300x r9 280x's in racks...

Well as of lately i'm seeing more and more 200mh/s + 'farms' in the pools. Don't think it's a coincidence

I too have noticed this. They're too big for a botnet. I've seen a 350MH/s on a DOGE pool.

Fastpow

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Quote from: jakedeez on February 03, 2014, 09:43:02 AM

Quote from: suchnoob on February 03, 2014, 05:31:05 AM

Here it is folks: 2 people mining at ~ over 200Mh/s, close to eachother. 250Mh/s means at least 270 cards up to 400. Which is at least unfeasible.

https://www2.coinmine.pl/rdd/index.php?page=statistics&action=pool

Why isn't it feasible? I know someone running 300x r9 280x's in racks...

Well as of lately i'm seeing more and more 200mh/s + 'farms' in the pools. Don't think it's a coincidence

jakedeez

sr. member

Activity: 512

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ICO is evil

Quote from: suchnoob on February 03, 2014, 05:31:05 AM

Here it is folks: 2 people mining at ~ over 200Mh/s, close to eachother. 250Mh/s means at least 270 cards up to 400. Which is at least unfeasible.

https://www2.coinmine.pl/rdd/index.php?page=statistics&action=pool

Why isn't it feasible? I know someone running 300x r9 280x's in racks...

Fastpow

full member

Activity: 322

Merit: 102

Meh, this sucks :p

Anyway, luckily enough we got VTC, an asic resistant coin

MisO69

legendary

Activity: 1946

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My mule don't like people laughing

They are still more expensive than making your own with GPUs. Looks like space saving is immense compared to mining rigs. No heat as well. I guess this is the future. I think I will stick with my GPUs for now until the price comes down and quality goes up.

hypes

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Activity: 168

Merit: 100

so, they're here?

BitCoinPokerBro

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Quote from: x0rcist on February 03, 2014, 06:11:43 AM

Yup first Scrypt Asics entering the market.

check http://hashra.com/ and search this board on gridseed and you see its not a scam.

As X said first gen Scrypt asics are here. Albeit wicked overpriced and not really worth buying except for drastically reduced power usage. $ per MH though, it's slightly more cost effective to buy gpu's if you have free electricity.

The group buy available through BCT are cheaper than hashra's price. In case anyone was wondering if a cheaper product existed.

x0rcist

full member

Activity: 238

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Yup first Scrypt Asics entering the market.

check http://hashra.com/ and search this board on gridseed and you see its not a scam.

Amph

legendary

Activity: 3248

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no , probably 2 small pool merged with a big one

asyc scrypt is like santa claus, a scam

suchnoob

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Here it is folks: 2 people mining at ~ over 200Mh/s, close to eachother. 250Mh/s means at least 270 cards up to 400. Which is at least unfeasible.

https://www2.coinmine.pl/rdd/index.php?page=statistics&action=pool

Topic: Scrypt ASIC miners? (Read 1523 times)