Post
Topic
Board Mining (Altcoins)
Re: 8th Alt coin thread. Or what to do now that asics are all over the place.
by
philipma1957
on 10/06/2018, 03:22:02 UTC
Problems abound due to the huge fall runup.

Bitmain saw really big profits last year.


So much so they got ideas on what to do with excess profits.

I find it very interesting that  innosilicon now has

A better zec miner more hash less power.
A better decred miner more hash less power.
A better sia miner more hash less power.
A better sha miner more hash less power.

As compared to bitmain.

Yeah bitmain is cheaper but the specs are better for innosilicon.

This kind of proves how ridiculous it is that people are howling for hardforks every time a new asic comes out.  Obviously they are butthurt that their GPUs will no longer be as profitable.  But when multiple companies are making ASIC miners and competing with each other, how exactly does that cause centralization?  No different than only 2 GPU companies competing.   The notion of decentralization based on expensive and inefficient but widely available (though availability is a subjective term) GPUs is kind of idiotic.  It would almost be like rules requiring all prospectors to use pans from the 1800s for gold mining because its more fair than large companies with industrial equipment.

I ask for no nasty attacks you did a nasty attack I deleted this.

This thread is not to say asics rule gpus suck and fpga's are tripping ..

All three have a place in the game. I don't want to discuss why the game fails without all three and even cpus are needed for the game to work.

If you choose to be all asic good it is your choice. If you choose to be inclusive also good that is your choice.
If you choose to insult gpu miners in this thread or insult asic miners or insult fpga miners or insult cpu miners with terms like butthurt or idiotic  I delete it.

back to the thread.  solar has some value in smaller ops off grid.

buysolar has spent months looking for a good inverter converter power source for a 1000 to 1600 watt setup.

My push is in this direction here is why.

Lets take sha-256 asics 

 I own t1
avalon 841
s9
s9i on the way.  all of them run about 92 to 110 watts per th

the new go B2 lists at 81 watts per th.

even if bitmain and avalon do 7nm  they will not go much better then 75 watts per 1 th.

so do some math if the solar setup I get built comes to 4 cent a kwatt over ten years

vs 10 cents a watt buying from a hosting service.

it is viable  to run a 110 watt per th miner
vs a 75 watt per th miner.

So the game goes back to low power cost = winner winner chicken dinner.