who bought bitmain Z9 will face a big issues now - page 9.

whitebrow

newbie

Activity: 28

Merit: 5

Quote from: DevelopmentBank on May 05, 2018, 11:28:52 PM

Quote from: whitrzac on May 05, 2018, 09:33:51 PM

Quote from: Suslived on May 05, 2018, 09:24:21 PM

Quote from: whitrzac on May 05, 2018, 09:04:46 PM

Has there been an asic where batch 1 didn't pay itself off in a reasonable amount of time?

Even the D3s paid themselves off fairly quickly, just not batches 4-5-6...

Easy, just take a look at the Cryptonight ASICs. They in no way paid for themselves since the Monero team was quick to fork.

I hope you seriously don't encourage people to buy these ASICs. They are not what cryptocurrencies were invented for. ASICs turn crypto into a simplistic money making scam.

Most cryptos are money making scams. 0 cares given as long as I make money.

Exactly. This is why people who haven't invested in crypto see us in a bad light. They say its a bubble and all that because what they see is companies like Bitmain or Coinbase or companies who only care about making a quick buck.

If we are able to suppress companies like these with more decentralized services we will soon see the true value of crypto.

How is that different from GPUs and Nvidia. How is that different from one person buying 1000x 1080ti vs little timmy who can only buy 2.

Nvidia GPU are gaming focused and they dont want you to buy them for mining. Bitmains goal is the success and health of Cryptos.

If you don't buy a z9 then it's your fault. Do you think Rolfe with multiple antminer farms is going to fork ZenCash? Zooko was smart to premine and working with bitmain.

DevelopmentBank

full member

Activity: 406

Merit: 110

Quote from: whitrzac on May 05, 2018, 09:33:51 PM

Quote from: Suslived on May 05, 2018, 09:24:21 PM

Quote from: whitrzac on May 05, 2018, 09:04:46 PM

Has there been an asic where batch 1 didn't pay itself off in a reasonable amount of time?

Even the D3s paid themselves off fairly quickly, just not batches 4-5-6...

Easy, just take a look at the Cryptonight ASICs. They in no way paid for themselves since the Monero team was quick to fork.

I hope you seriously don't encourage people to buy these ASICs. They are not what cryptocurrencies were invented for. ASICs turn crypto into a simplistic money making scam.

Most cryptos are money making scams. 0 cares given as long as I make money.

Exactly. This is why people who haven't invested in crypto see us in a bad light. They say its a bubble and all that because what they see is companies like Bitmain or Coinbase or companies who only care about making a quick buck.

If we are able to suppress companies like these with more decentralized services we will soon see the true value of crypto.

badger88

newbie

Activity: 83

Merit: 0

Quote from: Suslived on May 05, 2018, 09:24:21 PM

Quote from: whitrzac on May 05, 2018, 09:04:46 PM

Has there been an asic where batch 1 didn't pay itself off in a reasonable amount of time?

Even the D3s paid themselves off fairly quickly, just not batches 4-5-6...

Easy, just take a look at the Cryptonight ASICs. They in no way paid for themselves since the Monero team was quick to fork.

I hope you seriously don't encourage people to buy these ASICs. They are not what cryptocurrencies were invented for. ASICs turn crypto into a simplistic money making scam.

these asics are gonna be da bomb

so 2 of them will be like 40 1080 GPUs in one for 600W ?

good deal

Tongue

whitrzac

member

Activity: 126

Merit: 10

90*c is good, right?

Quote from: Suslived on May 05, 2018, 09:24:21 PM

Quote from: whitrzac on May 05, 2018, 09:04:46 PM

Has there been an asic where batch 1 didn't pay itself off in a reasonable amount of time?

Even the D3s paid themselves off fairly quickly, just not batches 4-5-6...

Easy, just take a look at the Cryptonight ASICs. They in no way paid for themselves since the Monero team was quick to fork.

I hope you seriously don't encourage people to buy these ASICs. They are not what cryptocurrencies were invented for. ASICs turn crypto into a simplistic money making scam.

Most cryptos are money making scams. 0 cares given as long as I make money.

Suslived

member

Activity: 252

Merit: 13

CryptoTalk.Org - Get Paid for every Post!

Quote from: whitrzac on May 05, 2018, 09:04:46 PM

Has there been an asic where batch 1 didn't pay itself off in a reasonable amount of time?

Even the D3s paid themselves off fairly quickly, just not batches 4-5-6...

Easy, just take a look at the Cryptonight ASICs. They in no way paid for themselves since the Monero team was quick to fork.

I hope you seriously don't encourage people to buy these ASICs. They are not what cryptocurrencies were invented for. ASICs turn crypto into a simplistic money making scam.

adaseb

legendary

Activity: 3808

Merit: 1723

Unfortunately the miner revenue per day of these coins that will form, is irrevleant.

Most of the Equihash revenue comes from ZEC and most of the GPU mining revenue comes from ETH.

For GPU mining to stay alive and profitable, then these 2 coins need to stay ASIC free.

whitrzac

member

Activity: 126

Merit: 10

90*c is good, right?

Has there been an asic where batch 1 didn't pay itself off in a reasonable amount of time?

Even the D3s paid themselves off fairly quickly, just not batches 4-5-6...

Marvell2

full member

Activity: 1148

Merit: 132

Quote from: DevelopmentBank on May 05, 2018, 08:38:34 PM

Quote from: Marvell2 on May 05, 2018, 08:25:45 PM

Quote from: DevelopmentBank on May 05, 2018, 08:18:37 PM

Hopefully other larger Equihash coins follow suite and fork to disable these Bitmain ASICs.

My only worry is if the fork is done too early it could be useless? Hopefully the devs fork in June once they start shipping. If they fork before then Bitmain might be able to tweak the ASICs just enough to be able to mine the new forks.

I hope they fork sooner so we see how much of the eqihash hashrate was already asics

I feel you, but we probably don't need to see the decrease in hashrate to already know that Bitmain is already mining Equihash with ASICs.
I believe in delayed gratification and we will surely be better off in the long run if we fork later.

true , but I bet it opens more eyes

DevelopmentBank

full member

Activity: 406

Merit: 110

Quote from: Marvell2 on May 05, 2018, 08:25:45 PM

Quote from: DevelopmentBank on May 05, 2018, 08:18:37 PM

Hopefully other larger Equihash coins follow suite and fork to disable these Bitmain ASICs.

My only worry is if the fork is done too early it could be useless? Hopefully the devs fork in June once they start shipping. If they fork before then Bitmain might be able to tweak the ASICs just enough to be able to mine the new forks.

I hope they fork sooner so we see how much of the eqihash hashrate was already asics

I feel you, but we probably don't need to see the decrease in hashrate to already know that Bitmain is already mining Equihash with ASICs.
I believe in delayed gratification and we will surely be better off in the long run if we fork later.

Marvell2

full member

Activity: 1148

Merit: 132

Quote from: DevelopmentBank on May 05, 2018, 08:18:37 PM

Hopefully other larger Equihash coins follow suite and fork to disable these Bitmain ASICs.

My only worry is if the fork is done too early it could be useless? Hopefully the devs fork in June once they start shipping. If they fork before then Bitmain might be able to tweak the ASICs just enough to be able to mine the new forks.

I hope they fork sooner so we see how much of the eqihash hashrate was already asics

DevelopmentBank

full member

Activity: 406

Merit: 110

Hopefully other larger Equihash coins follow suite and fork to disable these Bitmain ASICs.

My only worry is if the fork is done too early it could be useless? Hopefully the devs fork in June once they start shipping. If they fork before then Bitmain might be able to tweak the ASICs just enough to be able to mine the new forks.

Johnjay06

newbie

Activity: 93

Merit: 0

If all of the big coins forked every 6 months, asic mining wouldn't be a problem

Max Likelihood

jr. member

Activity: 140

Merit: 2

Maybe it will spark some bright young mind to figure out how to unlock those mythical disabled CUDA cores on 1070s. We need an "equilargement pill" or equihash equalizer tablet or something now to go with the ethlargement pill.

Kalyst69

jr. member

Activity: 147

Merit: 1

Quote from: Marvell2 on May 05, 2018, 06:27:45 PM

Quote from: whitebrow on May 05, 2018, 06:22:57 PM

Bitmain has been mining these for at least six months. So if you fork then they Asic the fork and once again get to benefit for 6 months or more. Until they release the z10 or whatever.

I can understand the hate maybe towards the s9 because of the power requirements but this is 300w.

So I don't get the hate. Either you are buying from Nvidia or you are buying from bitmain. What's the difference really. There are groups buying 1000+ GPU.

Imagine if no equihash coins forked. Are you telling me those same groups wouldn't be clamoring to buy as many z9 as possible?

Bitmain could easily dumpster any coin that planned a fork. Cool you forked but not before they mined half your coins. Obviously that's hyperbole.

Making these coins actually useful should be the ultimate goal.

Also, come on devs, looking at AMD and Nvidia sales reports should have been clue#1 where the increase in difficulty came from.

1 post , is this bitmain ceo?

Maybe 1st post, but it's pretty smart post.
Everybody knows that Bitmain is mining Equihash since some months and coins decide to fork now Huh

It's just communication.
In any case, if ASIC will not kill GPU mining, FPGA will (and ETH POS too). Some companies are already working on large scale products ready to use.

shanepottermi

newbie

Activity: 55

Merit: 0

Quote from: Marvell2 on May 05, 2018, 06:27:45 PM

Quote from: whitebrow on May 05, 2018, 06:22:57 PM

Bitmain has been mining these for at least six months. So if you fork then they Asic the fork and once again get to benefit for 6 months or more. Until they release the z10 or whatever.

I can understand the hate maybe towards the s9 because of the power requirements but this is 300w.

So I don't get the hate. Either you are buying from Nvidia or you are buying from bitmain. What's the difference really. There are groups buying 1000+ GPU.

Imagine if no equihash coins forked. Are you telling me those same groups wouldn't be clamoring to buy as many z9 as possible?

Bitmain could easily dumpster any coin that planned a fork. Cool you forked but not before they mined half your coins. Obviously that's hyperbole.

Making these coins actually useful should be the ultimate goal.

Also, come on devs, looking at AMD and Nvidia sales reports should have been clue#1 where the increase in difficulty came from.

1 post , is this bitmain ceo?

With Billions of dollars in excess capital i think its safe to say they likely have troll farms advocating for ASICs lol They'd be stupid not to but its annoying either way.

I don't see how Zcash don't fork.. they'll destroy their own user base and likely end up sued on multiple continents for lying to their users to get them to invest in their network then throwing them under the bus. The large Nvidia miners who invested in Nvidia rigs to mine Zcash because of what their company stated aren't going to just shrug their shoulders and move on.

Marvell2

full member

Activity: 1148

Merit: 132

Quote from: whitebrow on May 05, 2018, 06:22:57 PM

Bitmain has been mining these for at least six months. So if you fork then they Asic the fork and once again get to benefit for 6 months or more. Until they release the z10 or whatever.

I can understand the hate maybe towards the s9 because of the power requirements but this is 300w.

So I don't get the hate. Either you are buying from Nvidia or you are buying from bitmain. What's the difference really. There are groups buying 1000+ GPU.

Imagine if no equihash coins forked. Are you telling me those same groups wouldn't be clamoring to buy as many z9 as possible?

Bitmain could easily dumpster any coin that planned a fork. Cool you forked but not before they mined half your coins. Obviously that's hyperbole.

Making these coins actually useful should be the ultimate goal.

Also, come on devs, looking at AMD and Nvidia sales reports should have been clue#1 where the increase in difficulty came from.

1 post , is this bitmain ceo?

whitebrow

newbie

Activity: 28

Merit: 5

Bitmain has been mining these for at least six months. So if you fork then they Asic the fork and once again get to benefit for 6 months or more. Until they release the z10 or whatever.

I can understand the hate maybe towards the s9 because of the power requirements but this is 300w.

So I don't get the hate. Either you are buying from Nvidia or you are buying from bitmain. What's the difference really. There are groups buying 1000+ GPU.

Imagine if no equihash coins forked. Are you telling me those same groups wouldn't be clamoring to buy as many z9 as possible?

Bitmain could easily dumpster any coin that planned a fork. Cool you forked but not before they mined half your coins. Obviously that's hyperbole.

Making these coins actually useful should be the ultimate goal.

Also, come on devs, looking at AMD and Nvidia sales reports should have been clue#1 where the increase in difficulty came from.

norminorm

newbie

Activity: 75

Merit: 0

Now the pressure is on the coins that don't fork because of ASIC. Basically do it or slowly die - as you can see there is so many negative comments about ZEC and ETH.
Crypto community is united.
Hope zooco and vitalik read this forum (for sure long time ago they did) and face the music.
KUDOS to all crypto community.

Mike011

full member

Activity: 312

Merit: 104

Quote from: peterboy1 on May 05, 2018, 02:13:40 AM

Quote from: Mike011 on May 04, 2018, 07:41:43 PM

Quote from: grchina on May 04, 2018, 06:20:33 PM

Didnt zcash dev already said that he doesnt care about asics and that its to much hustle for him to do anything about it because he thinks thats the fight without chances to win Undecided

Also add zencash on the list of coins that plan to fight asics,also anyone have idea how much % of all equihash hash zec takes?

What is.. zcash...? Tongue

sounds familiar. i think it is just spelled wrong, hmm bcash maybe?

yea, familiar to me too, but can`t recall exactly... ah! it came to me! that was some shitcoin that was developed by some company that was bought by large asic manufacturer.. Grin

peterboy1

newbie

Activity: 168

Merit: 0

Quote from: Mike011 on May 04, 2018, 07:41:43 PM

Quote from: grchina on May 04, 2018, 06:20:33 PM

Didnt zcash dev already said that he doesnt care about asics and that its to much hustle for him to do anything about it because he thinks thats the fight without chances to win Undecided

Also add zencash on the list of coins that plan to fight asics,also anyone have idea how much % of all equihash hash zec takes?

What is.. zcash...? Tongue

sounds familiar. i think it is just spelled wrong, hmm bcash maybe?

Topic: who bought bitmain Z9 will face a big issues now - page 9. (Read 4116 times)