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Showing 8 of 8 results by noctrex
Re: Cryptonight / Cryptonote - On GPUs and ASICs and profitability
It seems that Aeon is not ASIC resistant after all:
https://www.cryptunit.com/coin/AEON
Hashrate and diff skyrocketed as of yesterday
That may not necessarily be asics, they are also facing the issue with botnetshttps://www.cryptunit.com/coin/AEON
Hashrate and diff skyrocketed as of yesterday
It's just curious that just now the diff skyrocketed. Given the timeframe its more probable that ASIC's or FPGA's are now mining there. The last days you can see huge differences between the CN coins
Re: Cryptonight / Cryptonote - On GPUs and ASICs and profitability
It seems that Aeon is not ASIC resistant after all:
https://www.cryptunit.com/coin/AEON
Hashrate and diff skyrocketed as of yesterday
https://www.cryptunit.com/coin/AEON
Hashrate and diff skyrocketed as of yesterday
That's because they don't work on Aeon!
Only the FPGAs sold by Baikal and Pinidea.
Bitmain, Hualong (Dragon mint) and Innosilicons CANNOT mine cryptonight light!
Only the FPGAs sold by Baikal and Pinidea.
Bitmain, Hualong (Dragon mint) and Innosilicons CANNOT mine cryptonight light!
Does anyone have some updates on Aeon's ASIC resisting hardfork?
Also, in what cryptcoins did the Monero ASICs transfer to? We can see that there is no substantial increase in Aeon's hashrate. We are only on 37MH/s, which is still low considering the amount of ASICs in the wild.
Maybe the ASIC miners don't see it lucrative to mine Aeon because of the low volume in Bittrex hehehe. They would lose hehe.
Also, in what cryptcoins did the Monero ASICs transfer to? We can see that there is no substantial increase in Aeon's hashrate. We are only on 37MH/s, which is still low considering the amount of ASICs in the wild.
Maybe the ASIC miners don't see it lucrative to mine Aeon because of the low volume in Bittrex hehehe. They would lose hehe.
It seems that as of yesterday, they do:
https://www.cryptunit.com/coin/AEON
yesterday the hashrate was 26MH/s, and today it shot up to 48MH/s:
https://chainradar.com/aeon/blocks
Re: if you live in the EU, watch your profit. I've already turned off my rigs.
I take on a more casual mining approach, I use just my 2 existing older cards, HD 7870, for mining various CryptoNote coins.
Electricity here in Greece is a little cheaper, on my current power plan its 0,077/kWh at day, and 0,066/kWh at night, so if I keep my PC running 24/7 for mining, it's about 10 of electricity per month.
Even with low crypto prices I mine about 1 per day so the electricity from the PC pays itself after 10 or so days.
But I think that the best strategy IMHO is to hodl. Keep mining and let those wallets fatten up
Electricity here in Greece is a little cheaper, on my current power plan its 0,077/kWh at day, and 0,066/kWh at night, so if I keep my PC running 24/7 for mining, it's about 10 of electricity per month.
Even with low crypto prices I mine about 1 per day so the electricity from the PC pays itself after 10 or so days.
But I think that the best strategy IMHO is to hodl. Keep mining and let those wallets fatten up
Re: Cryptonight / Cryptonote - On GPUs and ASICs and profitability
They can change to fix their ASIC - but it takes MONTHS once they have access to the new algorithm - redesign the chip, validate, do a tapeout, test, then *if* the tapeout chips are right order production to go into the QUE when space comes open.
I can see Bitmain trying to do this perhaps ONCE, I doubt they'll try after the first time due to the COST.
I can see Bitmain trying to do this perhaps ONCE, I doubt they'll try after the first time due to the COST.
Makes sense.
Especially now that the Monero Team has said that the algo will change every six months, byebye ASICs !
Re: Bitmain Antminer X3 ASIC hashing 220KH CryptoNight on 550w!!
That's why Monero, and the other coins using CryptoNight, are already implementing changes to the algo, so that these ASIC's will be essentially useless.
Official Announcement: https://getmonero.org/2018/02/11/PoW-change-and-key-reuse.html
Countdown: http://xmr.noctism.com
Official Announcement: https://getmonero.org/2018/02/11/PoW-change-and-key-reuse.html
Countdown: http://xmr.noctism.com
Re: Cryptonight / Cryptonote - On GPUs and ASICs and profitability