People should not be surprised at all to see any algo eventually ported to FPGA / ASIC. The x series is no different. It's actually about time.
I don't think anyone is surprised. It's getting the news out there and having the community work on it. x11 will lose significance and acceptance if people figure out they're being mined with ASIC/FPGAs, just the same way scrypt has. The mining community stops supporting said algos and we rotate towards something different.
I made a post similar to this a couple months ago, but at the time there were just 1-3 GH megarigs floating around which apparently is more acceptable then 100GH...
Obvious scam is obvious - and bensam123 is hellbent on seeing a conspiracy. Nothing new here.
How would one hypothetically run such a scam?
Simple, get paid on the site and don't provide the hashrate. I'm not sure if there's any kind of escrow...
You're dumb. MMR is a reputable mining website and it shows the machines operating with the current hashrates. I have no way of duplicating and showing said hashrate without MMR being in on it. Shows how little you actually know about actual mining. Go toodle with some algos and try to sell them for 45BTC.
actually it does provide the hashrate over the past 6 hours which is monitored by miningrentals
However, I don't think anything prevent anyone to register a rig as running on x11 while you are in fact running on something else.
When you register a rig, you need to provide a pool where the rig will mine when it is not rented.
Say you register some sha256 asic as x11, you fill in the application with a sha256 pool, then it would look like a x11 rig running at several GH...
Now if it is a lot more elaborate you can set up your own pool (one of those accepting fake share
) and it will look like you have some amazing hashrate...
Also shows how little you know about mining and how disconnected you are from the community. MMR will reject your rigs if they aren't setup to mine a certain algo.
How can you guys have went this long while being part of the mining community and never used MMR?
More disturbing then all this you guys are trying to come up with crazy ass theories as to why these exist (which are simply shown to be untrue if you've used MMR once) rather then just assuming it's a FPGA/ASIC. Apparently these are part of my mining rig mega regime hell bent on taking 2 BTC before MMR takes it back due to a dispute.
In other news, these seems to be legit rigs like I said. So it's time for the community to consider moving on to different algos. These only show up under x11 so I assume it's x11 only... Although it could just be the only thing worth renting for right now.
As to why you don't see these on the network in one large sum. I'm sure if you own this much GH you distribute over multiple coins and pull all x11 coins down or using a profit pool switch that redistributes load across all profitable coins (I don't know why something like this doesn't exist anyway instead of constant coin hopping auto-switch pools).