Post
Topic
Board Mining (Altcoins)
Re: [OS] nvOC easy-to-use Linux Nvidia Mining vBASIC || Community Edition 2.0
by
CryptAtomeTrader44
on 06/05/2018, 09:07:13 UTC
Bad news about Equihash  :

Bitmain launch Equihash ASIC this day. 10 KSol/s consumming only 300W !

What do you think about this ASIC ?

https://shop.bitmain.com/product/detail?pid=00020180503154806494uGcSyiu806FD

I said that I do not come to promote them, I did not buy ASIC but it is quite clear that this case will pose a huge problem. Much worse than that of the ETH miner of the same company.

Only the Monéro community reacted in opposition to the bitmain ASICS. I simply wish to have your opinion on this issue which may make GPU mining obsolete on this algorithm rather quickly.

At this rate, only Neoscrypt and Cryptonight V7 will remain to be mined via CPU and GPU. Not a good deal for decentralization as a cryptocurrency target.


One rig 22mhX6 for 132MH drawing 680w VS 10Kh @300W is going to be a threat?   Where?
 Oh and each unit does cost 2K and you can only have one for now. Hmmmmm.
thay


Yes, a threat to the profitability of every coins that uses the Equihash algo.
The coins are massively produced for cheap which will reduce the profitability of RIGs graphics cards that consume much more and produce much less (as you indicate).The difficulty will also increase very strongly in a very short time.

Yes, it costs $ 2,000 for now but how many KSol can you produce with a rig at this price? Certainly much less.

So I'm not convinced by your answer a little too evasive.