Topic: So where are the GPU miners going next? (Read 690 times)
Wait for Golem to add GPU support?
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x16r
good luck making an asic for that.
good luck making an asic for that.
it is my understanding that x16r is just hashing with existing known algos and rotating the order occasionally. However if every one of the algos they are switching around have asics, can't they just make a 'super asic' that slaps all the various algo chips onto a board
the order rotates randomly based on the last few characters of the last hash of the block. rvn is prepared to alter the 16 algorithms or add algorithms with even the slightest threat of an asic.
the industry was created for decentealization
Yes, this is the core of cryptos: decentralization
But most people are very, very greed and don't care about this, only money matters
It's funny and sad at the same time to see people defend cryptos, because it's againt bankers, government etc and them buy Asics, huge farms and supports that kind of coins
The history repeats no matter what
Wow sums it up perfectly. Hate to be the doom an gloom guy, but im 99% sure there is an asic out for
Ethereum already, just look at the Ethereum difficulty rate jump for that past 2 months, in the middle of a
GPU shortage.
the industry was created for decentealization
Yes, this is the core of cryptos: decentralization
But most people are very, very greed and don't care about this, only money matters
It's funny and sad at the same time to see people defend cryptos, because it's againt bankers, government etc and them buy Asics, huge farms and supports that kind of coins
The history repeats no matter what
Quote
x16r
good luck making an asic for that.
good luck making an asic for that.
it is my understanding that x16r is just hashing with existing known algos and rotating the order occasionally. However if every one of the algos they are switching around have asics, can't they just make a 'super asic' that slaps all the various algo chips onto a board
the industry was created for decentealization
I would love to see ASIC for Equihash would be problematic if eth goes PoS. That would mean the two strongest (most hashrate) blockchains are gone, where would all the miners mine? Thats an nightmare scenario.. Would kill alt mining.
would be problematic if eth goes PoS. That would mean the two strongest (most hashrate) blockchains are gone, where would all the miners mine? Thats an nightmare scenario.. Would kill alt mining.x16r
good luck making an asic for that.
I would love to see ASIC for Equihash would be problematic if eth goes PoS. That would mean the two strongest (most hashrate) blockchains are gone, where would all the miners mine? Thats an nightmare scenario.. Would kill alt mining.
would be problematic if eth goes PoS. That would mean the two strongest (most hashrate) blockchains are gone, where would all the miners mine? Thats an nightmare scenario.. Would kill alt mining.
Im just waiting for one of the neoscrypt coins to come out with a good web wallet and instant-exchange support (changelly, coinswitch, etc) My rig is full of old hardware and neoscrypt still works (well) with older cards. The first one to market with these options will explode. Feathercoin has some support on exchanges, but they dont have a web wallet, and it has been around long enough that people overlooked it.
Depends on if those coins don't just fork off that algorithm to something that doesn't support ASICs (like Monero is going to do) rendering that new ASIC a heavy brick. As more attention is being brought to crypto and many coins chose a certain algorithm to avoid being a target of ASIC there should be plenty of options for GPU miners to shift to in the near future. An example like x16 that Raven coin uses is a great example of a coin that chose to use an algorithm that changes frequently. If more coins chose to do this or fork to something similar then I imagine we may seem quite a few upset ASIC miners rather than GPU miners being the ones pushed out.
they will indeed . so let them i want a watch that with pop corn . if they want try to control it all and waste large a mounts of money trying to get control over what they can't let them . that's what it comes down to they don't want every day people doing it and it sad there is more then enough to go around .or unless they start making ASIC miners priced like GPU as add ons for home miners, which we know won't happen.
as for Eth Ethash (Bitmain F3 is around the corner) that not a real ASIC miner and with the new video cards coming out i don't see how they will kill it unless the DEV of eth greed's get the best of them and there bought out eth will be hard to ASIC miner to . that miner has ddr 3 if what read is right , ddr 4 is out now an coming out soon are new cards that may blow that away. around Sep 2018 or so im to worried about what the F3 can do or might do . that might turn into bitmain biggest mistake.
Depends on if those coins don't just fork off that algorithm to something that doesn't support ASICs (like Monero is going to do) rendering that new ASIC a heavy brick. As more attention is being brought to crypto and many coins chose a certain algorithm to avoid being a target of ASIC there should be plenty of options for GPU miners to shift to in the near future. An example like x16 that Raven coin uses is a great example of a coin that chose to use an algorithm that changes frequently. If more coins chose to do this or fork to something similar then I imagine we may seem quite a few upset ASIC miners rather than GPU miners being the ones pushed out.
Plenty of stuff to mine.
GPU miners still have Ethereum, you need to take that off the list. There has been no proof of any Eth ASIC so far.
Updated to include new Cryptonight Miner N from Baikal.
What a mess, more GPU miners getting pushed into the new remaining algos.
Watch XMR lose 50% of its value mine-n-dump miners enter the arena.
What a mess, more GPU miners getting pushed into the new remaining algos.
Watch XMR lose 50% of its value mine-n-dump miners enter the arena.
XMR is going to change the algo to kick this crap of baikal
Updated to include new Cryptonight Miner N from Baikal.
What a mess, more GPU miners getting pushed into the new remaining algos.
Watch XMR lose 50% of its value mine-n-dump miners enter the arena.
What a mess, more GPU miners getting pushed into the new remaining algos.
Watch XMR lose 50% of its value mine-n-dump miners enter the arena.
I don't know where they will go next but so far my 6 x GPU rigs with Radeon RX 570/580 are still making 0.0012 BTC daily each rig and this for me is still a good amount, if you like me will save at least 50% of the coins mined for a really long term. For the moment though the GPU-mining sector is in another boom stage, a RX 580 Sapphire Nitro+ Special Edition costs about 500 EURO here in Italy.
It seems to me that the developers will create more powerful equipment for production, and of course raise the prices for their development, because virtually all possible methods of mining already exist, and there is nothing to replace the video cards or the asics yet!
I love that people think the market just needs to pump out a bunch of random coins with no use and it will solve the problem. There are already hundreds of shitcoins out there that are useless for making money.
Also you have to remember the primary goal of a crypto is not how much profit someone can make mining it. You have your thought process on how this industry works completely backwards.
Also you have to remember the primary goal of a crypto is not how much profit someone can make mining it. You have your thought process on how this industry works completely backwards.
I don't see it changing much for the next while, still plenty of algos/coins that are profitable and there doesn't seem to be any concrete info on a bitmain Ethash miner.
You cant claim Ethash is Asic until we see proof and even then, it wont be like previous asics that were orders of magnitude more powerful.
If the cost to buy one of these ASICS is the same as building a rig at MSRP for the same hashrate then it wont mean anything.... everyone will keep mining.
Yes, an Eth ASIC would be better than a GPU in terms of efficiency/density but the cost and low availability would stymie it. Unless they come out with some miracle Eth ASIC that does 600 Mh/s for like $2k then it wont change anything.
If the cost to buy one of these ASICS is the same as building a rig at MSRP for the same hashrate then it wont mean anything.... everyone will keep mining.
Yes, an Eth ASIC would be better than a GPU in terms of efficiency/density but the cost and low availability would stymie it. Unless they come out with some miracle Eth ASIC that does 600 Mh/s for like $2k then it wont change anything.
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