Unraveling the Bitmain Antminer X5: A Deep Dive into the New Monero Mine

JayDDee

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Quote from: sxemini on October 01, 2023, 01:47:22 PM

At the moment this miner is locked to Monero and can´t mine other RandomX coins.

I'm not aware of any other RandomX coins.

About other algos it may be marketing or an unintentional consequence. It just needs the SW to support the cluster
and it can be programmed to do what any CPU can do. It may be just a matter of new FW for the controller to turn it
into a fully programmable CPU cluster. It may even be in Bitmain's plans to sell CPU mining appliances, just speculating.

sxemini

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Quote from: FP91G on October 01, 2023, 09:42:09 AM

Quote from: sech1 on September 30, 2023, 12:20:21 PM

Quote from: batsonxl on September 30, 2023, 12:09:05 PM

I thought randomx algo is asic resistant.looks like nothing resistant to asics.

X5 is not an ASIC, it's a bunch of RISC-V CPUs (SG2042, you can google it) packed together, and they even use DDR4 SODIMM memory sticks: https://www.youtube.com/watch?v=RkWGbkJjXa8

This is bad information for miners on processors, because now Bitmain can make ASICs for any coins that need to be mined on processors. Home mining will unfortunately die.
How many SG2042 processors are there in one ASIC?
I just saw 6 processors on 1 board.

18 CPU´s with 64 cores per CPU and 8 GB Ram per CPU, but as JayDDee wrote, it is not an ASIC, it is Cluster of CPU´s in a ASIC case, but not and ASIC!!!!4

At the moment this miner is locked to Monero and can´t mine other RandomX coins.

JayDDee

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Quote from: FP91G on October 01, 2023, 09:42:09 AM

This is bad information for miners on processors, because now Bitmain can make ASICs for any coins that need to be mined on processors. Home mining will unfortunately die.
How many SG2042 processors are there in one ASIC?
I just saw 6 processors on 1 board.

It's not an ASIC! It's a cluster of CPUs in one box and it overcomes the final barrier for CPU mining: scaling.
Bitmain disn't do anything special, they're just regular off the shelf CPUs, much simpler that designing and building an ASIC.
If CPU mining appliances catch on (there's another thread about a Pi cluster) CPUs will be better able to compete against GPUs.

FP91G

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Quote from: sech1 on September 30, 2023, 12:20:21 PM

Quote from: batsonxl on September 30, 2023, 12:09:05 PM

I thought randomx algo is asic resistant.looks like nothing resistant to asics.

X5 is not an ASIC, it's a bunch of RISC-V CPUs (SG2042, you can google it) packed together, and they even use DDR4 SODIMM memory sticks: https://www.youtube.com/watch?v=RkWGbkJjXa8

This is bad information for miners on processors, because now Bitmain can make ASICs for any coins that need to be mined on processors. Home mining will unfortunately die.
How many SG2042 processors are there in one ASIC?
I just saw 6 processors on 1 board.

JayDDee

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Activity: 1424

Merit: 225

Quote from: sech1 on September 30, 2023, 12:20:21 PM

Quote from: batsonxl on September 30, 2023, 12:09:05 PM

I thought randomx algo is asic resistant.looks like nothing resistant to asics.

X5 is not an ASIC, it's a bunch of RISC-V CPUs (SG2042, you can google it) packed together, and they even use DDR4 SODIMM memory sticks: https://www.youtube.com/watch?v=RkWGbkJjXa8

Vanilla RISC-V so it's just a CPU cluster. It could mine many algos just by recompiling an existing cpu miner for RISC-V.
There are 6 of them so about $400 each in volume. I wouldn't mind one of these CPUs to play around with.

sech1

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Activity: 116

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Quote from: batsonxl on September 30, 2023, 12:09:05 PM

I thought randomx algo is asic resistant.looks like nothing resistant to asics.

X5 is not an ASIC, it's a bunch of RISC-V CPUs (SG2042, you can google it) packed together, and they even use DDR4 SODIMM memory sticks: https://www.youtube.com/watch?v=RkWGbkJjXa8

batsonxl

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I thought randomx algo is asic resistant.looks like nothing resistant to asics.

mineshop.eu

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Activity: 407

Merit: 59

Quote from: JayDDee on September 11, 2023, 05:21:07 PM

Quote from: batsonxl on September 11, 2023, 09:36:22 AM

I have a feeling that these miners are used. I always asked in many places why monero hashrate is damn high it is jot profitable with cpu even you have ryzen 9 it pays pennies. Now i got my answer.

It's called beta testing and the beta testers keep the rewards as a bonus. I doubt Bitmain sells used miners as new.

The competition for this miner is well known so it's all about pricing. Considering an equivalent number of CPUs also need
their own PSU, mobo, etc, it will be interesting to see where they priced the X5 in comparison to the cost of discrete CPU miners.

They test the devices 100% before they shipped, how long only Bitmain knows. I called premine ....ha
Seems bit overpriced curently, but the specs are quite nice.

JayDDee

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Activity: 1424

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Quote from: batsonxl on September 11, 2023, 09:36:22 AM

I have a feeling that these miners are used. I always asked in many places why monero hashrate is damn high it is jot profitable with cpu even you have ryzen 9 it pays pennies. Now i got my answer.

It's called beta testing and the beta testers keep the rewards as a bonus. I doubt Bitmain sells used miners as new.

The competition for this miner is well known so it's all about pricing. Considering an equivalent number of CPUs also need
their own PSU, mobo, etc, it will be interesting to see where they priced the X5 in comparison to the cost of discrete CPU miners.

batsonxl

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I have a feeling that these miners are used. I always asked in many places why monero hashrate is damn high it is jot profitable with cpu even you have ryzen 9 it pays pennies. Now i got my answer.

mineshop.eu

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Activity: 407

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Quote from: safar1980 on September 09, 2023, 07:36:42 AM

Quote from: mineshop.eu on September 04, 2023, 09:58:57 AM

Bitmain Released official MSPR price 2999$ price per one unit , whats your thoughts?

X5 is Sold Out!
👏Congratulations to all the friends who got a hold of X5. Thank you for your support‼
https://twitter.com/bitmaintech/status/1698702550726533580?

The buyers had discount coupons, so their purchase price was $2,100
the calculator says that the payback period is long, but the ASICs are still on the way.

Yes the problem is coupons mostly have resellers , and its bought up trough WeChat/Whatsapp from Bitmain.
ROI is way to long, but interesting device wonder it XMR will fork it out agin.

safar1980

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Quote from: mineshop.eu on September 04, 2023, 09:58:57 AM

Bitmain Released official MSPR price 2999$ price per one unit , whats your thoughts?

X5 is Sold Out!
👏Congratulations to all the friends who got a hold of X5. Thank you for your support‼
https://twitter.com/bitmaintech/status/1698702550726533580?

The buyers had discount coupons, so their purchase price was $2,100
the calculator says that the payback period is long, but the ASICs are still on the way.

mineshop.eu

copper member

Activity: 407

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Bitmain Released official MSPR price 2999$ price per one unit , whats your thoughts?

JayDDee

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Activity: 1424

Merit: 225

Quote from: babymethyl2013 on September 02, 2023, 08:31:22 AM

here's my guess:
This is going to be a highly customizable CPU miner that will be able to account for XMR devs doing any form of algo changing. Kinda like how the X3 was rumored to be able to do this.

Not "any form of algo change". That would make it just an array of general purpose CPUs. As I mentioned flexibilty has a compromise in performance.
The more it's customized for RandomX the faster it is but also the less flexible it is.

You can be sure Monero will try to sidestep any flexibility built in to the X5. They won't simply switch to a variant of RandomX.

mineshop.eu

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Quote from: babymethyl2013 on September 02, 2023, 08:31:22 AM

Gives me flash backs to when Bitmain released the Antminer X3 for XMR for 20,000 USD.

Once the XMR community found out they changed the algo right away and bitmain had to start giving "bonus units" to the original people that got the X3 to compensate them. Eventually, all the coins that used cryptonight had a hard fork and these things were useless for years until Dynex was cryptonight for a month and they were extremely profitable.

as the story continues there were then many variants of cryptonight that were made like CnV2, V3 ect....there was always a rumor that the X3 was also customizable and programable (almost like a cryptonight FPGA) certain people figured out how to make it also mine the variants. this rumor was never confirmed but eventually the devs released RandomX which was originally pioneered by pascal coin with them creating RandomHash algo.

here's my guess:
This is going to be a highly customizable CPU miner that will be able to account for XMR devs doing any form of algo changing. Kinda like how the X3 was rumored to be able to do this.

Anyone else remember the Antmner X3 release fiasco??

Yes remember that , biggest risk of buying is actually buying an ASIC miner . no other purpose just hope.

FP91G

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Activity: 1834

Merit: 1131

Quote from: JayDDee on September 01, 2023, 04:52:02 PM

Quote from: FP91G on September 01, 2023, 12:22:08 PM

Do you have an idea about the price of this ASIC? RandomX is a very complex algorithm and ASICs price should be more favorable for buyers so that they are willing to risk buying asics with the risk that developers can change the Monero algorithm after a while.
Miners on processors have a low profit, and then there's a new surprise from Bitman.

Bitmain is having a contest to guess the price.

It's a big RISC (bad pun intended) to produce an ASIC mining chip for Monero considering how quickly they have been ready so tweak the algo
at the first sniff of a possible ASIC.

Even if it's flexible enough to allow mining other (similar) algos there's no other coin big enough to support ASIC mining. New algos would also
require new SW at least. Then there's the compromise between performance and flexibility.

Very interesting.

The price will depend on how this ASIC is made. If this is a processor asic that can be configured for any algorithms, but this will be a new important step in altcoin mining. If this is a chip for certain similar algorithms, then the fate of the ASIC will largely depend on the developers of the Monero coin. If I were the developers, I would wait for the ASIC release and then make a decision.

babymethyl2013

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Activity: 39

Merit: 0

Gives me flash backs to when Bitmain released the Antminer X3 for XMR for 20,000 USD.

Once the XMR community found out they changed the algo right away and bitmain had to start giving "bonus units" to the original people that got the X3 to compensate them. Eventually, all the coins that used cryptonight had a hard fork and these things were useless for years until Dynex was cryptonight for a month and they were extremely profitable.

as the story continues there were then many variants of cryptonight that were made like CnV2, V3 ect....there was always a rumor that the X3 was also customizable and programable (almost like a cryptonight FPGA) certain people figured out how to make it also mine the variants. this rumor was never confirmed but eventually the devs released RandomX which was originally pioneered by pascal coin with them creating RandomHash algo.

here's my guess:
This is going to be a highly customizable CPU miner that will be able to account for XMR devs doing any form of algo changing. Kinda like how the X3 was rumored to be able to do this.

Anyone else remember the Antmner X3 release fiasco??

JayDDee

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Activity: 1424

Merit: 225

Quote from: FP91G on September 01, 2023, 12:22:08 PM

Do you have an idea about the price of this ASIC? RandomX is a very complex algorithm and ASICs price should be more favorable for buyers so that they are willing to risk buying asics with the risk that developers can change the Monero algorithm after a while.
Miners on processors have a low profit, and then there's a new surprise from Bitman.

Bitmain is having a contest to guess the price.

It's a big RISC (bad pun intended) to produce an ASIC mining chip for Monero considering how quickly they have been ready so tweak the algo
at the first sniff of a possible ASIC.

Even if it's flexible enough to allow mining other (similar) algos there's no other coin big enough to support ASIC mining. New algos would also
require new SW at least. Then there's the compromise between performance and flexibility.

Very interesting.

FP91G

legendary

Activity: 1834

Merit: 1131

Quote from: mineshop.eu on September 01, 2023, 05:34:49 AM

Quote from: sxemini on September 01, 2023, 04:56:58 AM

Quote from: mineshop.eu on August 31, 2023, 12:24:56 PM

The Profitability Perspective
At the time of writing, Monero’s price stands at $145.15, a stark contrast from its all-time high of $517.62 two years ago. Given these figures and the X5’s specifications of 212 kilohashes at 1,350 Watts, its current daily profitability hovers around $6-7usd before accounting for electricity costs.

Profitability could skyrocking? Not really the price hits in the last 2 bullruns only around 500 dollars, but the difficulty increased in the same time.
Now thanks to bitmain, more people have an eye on Monero and this "Asics" make it easier for big farms to dive in Monero mining. And i don´t know why people say they don´t care about this miner, i mean i described it, it is now easier to get into monero mining and the hashrate will go up huge.

The efficency is so bad, some cpu´s are more efficent. So it´s interesting to see what happens and if this miner can mine other CPU algos.

The community's sentiment towards these developments will be crucial in determining Monero's future direction.

WEBSITE | INSTAGRAM | TELEGRAM | TWITTER | YOUTUBE

Do you have an idea about the price of this ASIC? RandomX is a very complex algorithm and ASICs price should be more favorable for buyers so that they are willing to risk buying asics with the risk that developers can change the Monero algorithm after a while.
Miners on processors have a low profit, and then there's a new surprise from Bitman.

mineshop.eu

copper member

Activity: 407

Merit: 59

Quote from: sxemini on September 01, 2023, 04:56:58 AM

Quote from: mineshop.eu on August 31, 2023, 12:24:56 PM

The Profitability Perspective
At the time of writing, Monero’s price stands at $145.15, a stark contrast from its all-time high of $517.62 two years ago. Given these figures and the X5’s specifications of 212 kilohashes at 1,350 Watts, its current daily profitability hovers around $6-7usd before accounting for electricity costs.

Profitability could skyrocking? Not really the price hits in the last 2 bullruns only around 500 dollars, but the difficulty increased in the same time.
Now thanks to bitmain, more people have an eye on Monero and this "Asics" make it easier for big farms to dive in Monero mining. And i don´t know why people say they don´t care about this miner, i mean i described it, it is now easier to get into monero mining and the hashrate will go up huge.

The efficency is so bad, some cpu´s are more efficent. So it´s interesting to see what happens and if this miner can mine other CPU algos.

The community's sentiment towards these developments will be crucial in determining Monero's future direction.

WEBSITE | INSTAGRAM | TELEGRAM | TWITTER | YOUTUBE

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