Post
Topic
Board Bitcoin Discussion
Re: Bitcoin future looks brighter
by
St4yInTh3D4rk
on 24/10/2018, 06:26:14 UTC
The future looks brighter for bitcoin mining and other mineable altcoins out there ,like cryptonight and ethash ,IT companies are already rushing to start manufacturing 7nm chips and hardwares that would be based on those,this is good news cos with 7nm mining will be profitable again and AMD too among others is already producing 7nm based GPU with 48cores ,I thought mining was done for, another one again is a based Japan company called GMO internet group, they are already working on new ASICS with same 7nm chips that will deliver 10TH/S with power consumption of only 500watts which is twice as efficient as bitmains Antminer s9 that draws 1,372 watts with output of 14TH/S , its not the end but the beginning as we will see bitcoin breaking the TeraHash boundary and GPUs with 7nm? Miners will be happy about this. What are your thoughts about this ?
Don't worry the mining difficulty also will be increased soon so the rewards are not much more like you expected to make but the less power consumption is really a good thing which can make the mining more profitable than the current one,maybe it is just the beginning if the prices of bitcoin keeps growing then more people will interested in creating the best miners.