Search content
Sort by

Showing 12 of 12 results by junkstory
Post
Topic
Board Mining (Altcoins)
Re: [2018-02-12]Bitmain To Release Ethereum ASIC Miner F3 With 72Gb DDR3 Dram In Q2
by
junkstory
on 28/03/2018, 06:45:45 UTC
Money.  ~$10M/day is made mining ETH now.  A year ago it was ~$1M/day, and 15 months ago it was <$500K/day.
Bitmain's ethash miner is not going to have a significant impact, because unlike bitcoin and sia mining, it requires large amounts of RAM.  The costs of the RAM significantly exceeds the costs of the ASICs.
At US$450, ETH is now 1/3 of it's peak in Jan, and that is what is having the biggest impact on mining and GPU demand.  Summer is coming in the Norther Hemisphere, which means miners with expensive electricity costs will be shutting down rigs.  Unless the price of ETH climbs back over $1000, I predict the GPU shortage will be over by mid-summer, and GPU cards will be readily available at their MSRP.

I'm happy to report I was able to get some gtx 1060 6GB Founders Edition on nvidia's website for msrp 299 USD.. I subscribed to their notification and was alerted that they were in stock a day before, then I snagged up a couple.

a couple?? you mean 2... u cant buy more then 2...


Yes, "a couple" means 2. Perhaps it is best not to correct others on English if you don't really know English...
Post
Topic
Board Mining (Altcoins)
Re: [2018-02-12]Bitmain To Release Ethereum ASIC Miner F3 With 72Gb DDR3 Dram In Q2
by
junkstory
on 27/03/2018, 23:20:36 UTC
Money.  ~$10M/day is made mining ETH now.  A year ago it was ~$1M/day, and 15 months ago it was <$500K/day.
Bitmain's ethash miner is not going to have a significant impact, because unlike bitcoin and sia mining, it requires large amounts of RAM.  The costs of the RAM significantly exceeds the costs of the ASICs.
At US$450, ETH is now 1/3 of it's peak in Jan, and that is what is having the biggest impact on mining and GPU demand.  Summer is coming in the Norther Hemisphere, which means miners with expensive electricity costs will be shutting down rigs.  Unless the price of ETH climbs back over $1000, I predict the GPU shortage will be over by mid-summer, and GPU cards will be readily available at their MSRP.

I'm happy to report I was able to get some gtx 1060 6GB Founders Edition on nvidia's website for msrp 299 USD.. I subscribed to their notification and was alerted that they were in stock a day before, then I snagged up a couple.
Post
Topic
Board Mining (Altcoins)
Re: [2018-02-12]Bitmain To Release Ethereum ASIC Miner F3 With 72Gb DDR3 Dram In Q2
by
junkstory
on 13/03/2018, 16:08:01 UTC

holy crap.. this explains why there has been a sudden surge of 20-30 TH/s on ethermine pool in the last month alone. It is insane. RIP eth mining.
Post
Topic
Board Mining (Altcoins)
Re: [2018-02-12]Bitmain To Release Ethereum ASIC Miner F3 With 72Gb DDR3 Dram In Q2
by
junkstory
on 22/02/2018, 22:16:43 UTC
ok i'll shut up now
Post
Topic
Board Mining (Altcoins)
Re: [2018-02-12]Bitmain To Release Ethereum ASIC Miner F3 With 72Gb DDR3 Dram In Q2
by
junkstory
on 22/02/2018, 21:59:55 UTC
7 heavily undervolted RX 570 consume about 750W from the wall while solo mining. There's nothing special in this.

hmm ok, carry on then. But still, those numbers beat what antmain is claiming about their asic, which is 200-220mhs @ $2500

when I inquire the company about availability, they said the demand is too big for them to handle atm and the wait will be "very long"
Post
Topic
Board Mining (Altcoins)
Re: [2018-02-12]Bitmain To Release Ethereum ASIC Miner F3 With 72Gb DDR3 Dram In Q2
by
junkstory
on 22/02/2018, 21:39:34 UTC
^ yes that

I guess you could argue that's also a bunch of cheap AMD cards strapped together, but if the hashrate and power draw are true, then this beats any traditional eth mining rigs
Post
Topic
Board Mining (Altcoins)
Re: [2018-02-12]Bitmain To Release Ethereum ASIC Miner F3 With 72Gb DDR3 Dram In Q2
by
junkstory
on 22/02/2018, 20:48:47 UTC
Guys.. the first Eth ASIC miner is already here. ~200Mh/s, 700-750W, $2k

where?

you can find it easily on google, but they are bought up instantly here in asia and the pre-orders are in the magnitude of hundreds (if not thousands).

so much for all the theories and math about eth asic being not feasible  Roll Eyes
Post
Topic
Board Mining (Altcoins)
Re: [2018-02-12]Bitmain To Release Ethereum ASIC Miner F3 With 72Gb DDR3 Dram In Q2
by
junkstory
on 22/02/2018, 20:40:43 UTC
Guys.. the first Eth ASIC miner is already here. ~200Mh/s, 700-750W, $2k
Post
Topic
Board Mining (Altcoins)
Re: PhoenixMiner 2.6: fastest Ethereum/Ethash miner with lowest devfee (Windows)
by
junkstory
on 19/02/2018, 22:50:11 UTC
Please make a Linux version

Why not just install Windows 10? Even with Claymore v11.0, my GTX1070 runs 2-3 MH/s slower on Linux, and also 2 degree hotter, primarily because there is no ability to undervolt and underclock the GPU core with nice tools like Afterburner. I absolutely do not understand the rhyme or reason of mining on Linux.

If you don't want to pay for the full Windows 10 license, just don't activate it - you won't miss out on anything.

Post
Topic
Board Mining (Altcoins)
Re: PhoenixMiner 2.6: fastest Ethereum/Ethash miner with lowest devfee (Windows)
by
junkstory
on 17/02/2018, 19:55:58 UTC
I take back my doubts from my previous posts. After 36 hours of running Phoenix with several rigs and looking at charts on ethermine, I can say with great certainty that Phoenix is indeed better than Claymore:

1) With Phoenix, the Effective Hashrate zig zags across the Reported Hashrate very closely (which by the way, is already slightly higher than Claymore's Reported Hashrate).
2) With Claymore, the Effective Hashrate line would be underneath the Reported Hashrate more often than not. It also fluctuates a lot.
3) With some cards, Phoenix run about 1 degree Celsius cooler.
4) The lower dev fee is very welcoming

I'm a developer myself, and I can understand/appreciate why the Phoenix Miner is better from an engineering perspective. Simply put, the Claymore Miner has grown to become a big messy code base with many features. It supports many alt coins not just for one, but two platforms (Windows + Linux). With Phoenix, the developers can dedicate their time on optimizing Ethereum mining. No gimmicks. I truly hope that Phoenix will continue to improve on the speed optimizations, and not worry about dual mining, Linux, etc.

Keep up the great work Phoenix Developers.
Post
Topic
Board Mining (Altcoins)
Re: PhoenixMiner 2.6: fastest Ethereum/Ethash miner with lowest devfee (Windows)
by
junkstory
on 16/02/2018, 21:57:57 UTC
After about 20 hours now, the effective hashrate is about 5% lower than the reported hashrate.

However, that's not to say it isn't normal. I have some machines running Claymore that are 4-6% lower as well, but also some machines on Claymore that are 3-5% higher. I will switch a 8x gpu mining rig to phoenix, run it for 48 hours and report back.
Post
Topic
Board Mining (Altcoins)
Re: PhoenixMiner 2.6: fastest Ethereum/Ethash miner with lowest devfee (Windows)
by
junkstory
on 16/02/2018, 19:50:06 UTC
You guys should monitor the actual effective hashrate over an extended period of time (like 48+ hours), which I'm trying to do right now. After 16 hours, the effective hashrate of Phoenix is still below the reported hashrate. Perhaps it's bad luck, perhaps it's not.

No offense to anyone but we should take the reported hashrate with a grain of salt. It's literally just a string.

However, one thing I did notice is that Phoenix runs 1 degree Celsius cooler than Claymore.