Holy carp 11%+ in one go!
It would be logical to assume at this point an ASIC, there are and will be other future dagger coins, even once ETH goes PoS
Crazy times gentlemen, think ill stop buying ti's for a while see where mining goes in next 30 days or so, thx for the info man!
It would be logical to assume at this point an ASIC, there are and will be other future dagger coins, even once ETH goes PoS
Crazy times gentlemen, think ill stop buying ti's for a while see where mining goes in next 30 days or so, thx for the info man!
EDIT: Sorry was late to the game posting, and as many people have said, its not ASIC..
Original:
Not sure about ASIC since it takes a lot of development time, resources and money. It doesn't *seem* to make sense since at some
point ETC will go to POS, granted starting out at %1 but will go over time, making miners obsolete at some point. (still down the road).
However anything is possible
i would argue you never once mentioned "Dagger". it's like the sole reasoning it wouldn't happen is ETH/ETC are the only coins to mine if one had an asic?
There will be coins we dont even KNOW of yet that use dagger and are huge, some would say Ubiq and Musiccoin could be long term right NOW even
There's no doubt to me a dagger ASIC would be profitable, at this point they could even tap out a batch of chips i bet .
Course, yes, us little guys its all speculation, "anything IS possible"
Dagger Hashimoto is memory-hard, which means that ASIC and FPGA gain no advantage because everyone is limited by the speed of RAM.
Because the primary determinant of hardness is memory, and not computation, specialized hardware has only a tiny advantage; even an optimal Dagger mining ASIC would have little to offer over a hobbyist purchasing hundreds of gigabytes of memory cards off the shelf and plugging them into a medium-power GPU.
Is it possible this is something that's being done? I'm thinking of system memory daughterboards. Would it be possible to set up a system with several 100 gigs of system memory and use either xeons or offload processing to a GPU and hash that way with Dagger?
I realize latency would become a serious problem dealing with the system bus and having to hold and communicate between system memory on then daughterboards and the GPU/CPU, but if it's truly a matter of AMOUNT of memory then this sounds like it might be a way to build a massive daggerhash machine.
I'm guessing memory bandwidth and latency plays a major role though (from my limited BIOS tweaking experience) in which case this might have to do with some early Vega cards coming online, I think they're all using HBM if I'm not mistaken.
Does look, if these numbers are all correct that something more than a large GPU shipment suddenly coming online, this looks like something of a different kind.