Quote from: numnutz2009 on April 24, 2018, 05:13:42 PM

Quote from: klwolf2000 on April 24, 2018, 04:33:26 PM

This explains everything. Bitmain is planning on using old outdated hardware they already have to mine this new algo. Oh yeah and sell that out dated crap for a premium $$$

http://news.8btc.com/bytom-blockchain-protocol-works-to-make-obsolete-mining-machines-useful-again

idk of any ai asics used in other miners in the past. Im not sure if u thought older generations of antminers could be used but based on that story u linked it doesnt look like thats the case at all. It does say that if u have other AI asic hardware u can adapt it to mine these coins but bitmain making a miner that uses a new asic would be the first miner made to do just that. ne other hardware that folks convert into being able to mine these coins isnt the fault of this company or bitmain....its also hard to sell the "outdated crap" when there is no previous generation lol.

To me since its an AI miner I'm wondering if its going to be something like a peer-to-peer hive miner where each person gets paid for shares submitted. All miners on the network running different calculation, all contributing to mining 1 coin. This would allow them to run any old miner that they have made in the past and all it would need is a simple firmware update.