really? this is interesting... a new turn of events it seems. Have a link? wouldn't the level of N determine just how much higher the memory requirement needs to be? Perhaps it's true though..... where is the link and who is the company... if knc were saying it then i guess we could take that at face value. I guess if they can produce asics for high N factor algos then that's another anti asic avenue closed down.
Anyway post the link so we can have a look... thanks.
http://blissdevices.comNeon mines any Scrypt-based currency and supports configurable parameters that address adaptive algorithms for future coins.
It's debatable if the company is legit and going to deliver but I've heard some other asic companies are thinking about doing the same thing.
http://www.reddit.com/r/scryptmining/comments/20x6r0/bliss_devices_announces_new_prices_on_scrypt/cg8xcd6Our chip supports configurable N parameters which allows it to mine N-factor scrypt up to N=262144, which is still about 35 years away.
thanks for posting... seems alarming that asics have gone from no way going to mine scrypt to now possibly scrypt N..... so we are saying memory hard is not out of the question based on hardware costs now.
I am not saying it is true or not true... but worrying to see them claiming they have done it already. So if memory intensive is not the way to go... what is left to halt asics? multi algos but needing to add more and more of them to stay ahead?
Seems gpu miners perhaps don't have as long left in the game as we hoped. Unless amd decides it likes having bumper sales and tags on some asic features to the cards.