Ninjastic
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Board Mining (Altcoins)
Re: Baikal Giant N - Cryptonight, Cryptonight-lite ASIC miner
by
QuintLeo
on 15/03/2018, 09:26:41 UTC
Quote from: Prelude on March 11, 2018, 11:19:51 PM
Quote from: vorpalspear on March 11, 2018, 08:59:16 PM
Quote from: coinut on March 11, 2018, 02:44:05 PM
Monero POW is changing to CryptoNightV7 in about 15 days, so I don't think you can sell this as a monero miner..

Just saying  Roll Eyes
That's great news. If these ASICs are real and are being sold, then they've been used for mining for a long time now, and they're only selling them in order to dump them because they'll soon be scrap.  And if Monero changes, most/all of the other cryptonight coins will surely follow pretty quickly.  I'd like to hope for a revival in cpu/vega mining.

On the sad side, if these ASICS are real, and their specs are real, then it could be a trivial task for someone to make new ASICs for the new algo. Is it a trivial task?

Trivial or not, it won't make sense financially since Monero will be modifying the algorithm every 6 months. It's not feasible to make an ASIC for that.

AT LEAST every 6 months - they also stated they were willing to do "emergency forks" to kill ASIC mining.