Re: [ANN] Ravencoin [RVN] PoW GPU Mining | Asset Transfer Blockchain (Updated ANN)
So i don't get one thing. We're talking about crypto-mining, mining that can be done on GPUs or CPUs (mostly on GPUs).
Currently we're at 4TH and max was about 6TH. A 1080ti kicks out let's say 25MH/s. So that means we have had a maximum of 6.000.000 MH on RVN. Now divide that by 25 and you get 160.000 1080ti's for this coin. Of course not everyone will have only 1080ti's. 1060s cap out at 10MH, 1070s maybe at 14 and so on.
Still back to the 160K 1080ti's (aproximate theoretical calculation), you get let's say 20K miner with 8 1080ti's per miner.
All these number are getting ever lower and closer to what could actually be in the world. I don't think many people are mining on their own GPU or SLI GPUs and even is they are, these numbers i've pushed now are not indicative of ASICs. Don't know about FPGA but 12.000 of those would be enough to fill the network at 6TH.
Now comes the part of total hashpower spread. According to https://ravencoin.network/stats, there is an unknown pool (don't know how this works with the unknown pools) that has 20% oh total hashpower (0.8 TH at the time of writing this, 1.2 at maximim 1,2 TH/s), Suprnova and another pool have 13% each, Beepool has another 9% and so on.
Now going back to splitting the total hashpower, Suprnova has ar this moment a reported hashrate of 2.8 TH spread to almost 15K workers. That is 186MH per worker. Taking into account my own rig and all these numbers, i'm pretty sure that ASICs don't run on this network and honestly i don't really think FPGAs exist also.
I know people will start trying to write-off these calculations. These are estimates, and as long as we don't have a clearer view and clear proof of them existing, i stand by my opinion that these doesn't exist.
P.S.: how much would an ASIC kick out by your own opinions? 1-2-3 GHs? do the math
Currently we're at 4TH and max was about 6TH. A 1080ti kicks out let's say 25MH/s. So that means we have had a maximum of 6.000.000 MH on RVN. Now divide that by 25 and you get 160.000 1080ti's for this coin. Of course not everyone will have only 1080ti's. 1060s cap out at 10MH, 1070s maybe at 14 and so on.
Still back to the 160K 1080ti's (aproximate theoretical calculation), you get let's say 20K miner with 8 1080ti's per miner.
All these number are getting ever lower and closer to what could actually be in the world. I don't think many people are mining on their own GPU or SLI GPUs and even is they are, these numbers i've pushed now are not indicative of ASICs. Don't know about FPGA but 12.000 of those would be enough to fill the network at 6TH.
Now comes the part of total hashpower spread. According to https://ravencoin.network/stats, there is an unknown pool (don't know how this works with the unknown pools) that has 20% oh total hashpower (0.8 TH at the time of writing this, 1.2 at maximim 1,2 TH/s), Suprnova and another pool have 13% each, Beepool has another 9% and so on.
Now going back to splitting the total hashpower, Suprnova has ar this moment a reported hashrate of 2.8 TH spread to almost 15K workers. That is 186MH per worker. Taking into account my own rig and all these numbers, i'm pretty sure that ASICs don't run on this network and honestly i don't really think FPGAs exist also.
I know people will start trying to write-off these calculations. These are estimates, and as long as we don't have a clearer view and clear proof of them existing, i stand by my opinion that these doesn't exist.
P.S.: how much would an ASIC kick out by your own opinions? 1-2-3 GHs? do the math
I couldnt state how much ASICs are pushing out as it depends on efficiency and size. Also you dont believe FPGAs exist on the network when numbers have already been stated? Maybe i need a tinfoil hat on to continue this argument. Your trying to guess that there is only GPUs on the network without any actual information to your statement except a worker count on Suprnova which averages 7-8 1080tis per worker.
Of course i'm gonna base some math on clear data that i can find. Again all those numbers i talked about are just guesses. As far as I am concerned, everything you said is just in the realm of gossip. Your "primary sources" on which you are so sure are just other people, like you, talking in chats. That is just talk and Gossip. By the same means i can start talking in different circles about some awesome mining equipment for BTC/ETH or who knows what else and if i have enough aliases and enough chats in which i talk about them there is surely gonna be some dude like you starting to believe. It's necessarily a bad thing, but it doesn't mean it's true.
Maybe i was unclear however in how i mentioned this but i'm not 100% convinced that there are no ASICs or FPGA. I just used info that you provided, and info that is available. Everybody talks about FPGAs at 500MH/s, that's 12 USD per card per day. 360 per month. FPGAs usually are better that GPUs and ASICs are much better than FPGAs. You could say easily 2-3 GH/s. When you take these numbers and put them in a real equation (which i sincerely advise you to do) you'll see that either it doesn't add up or they're just not that many of them. (it would be bad if they exist and it's just .... 10 of them cause that would mean that there are gonna be more soon).
Bottom line, let's not be all that paranoid and see where it goes. Maybe you're gonna be proven right or maybe not. Maybe RVN will "moon" as so many here dream, or maybe it will die, as Subsonic keeps saying endlessly (and quite boring by now).
P.S.: Subsonic, what is your interest in convincing everyone RVN is gonna fail. You think it will, so stay away from it, save your money if that helps and that is all. What do you gain my trying to convine people of your ideeas?