it would take the ASIC’s manufacturer about 4 months to redesign the chip.
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In fairness, they’ve probably already started.
I found the earlier comments regarding Ethereum ASICs interesting, specifically their performance being x1.8 compared to a GPU.
Ethash is a memory hog and in that way similar to Equihash 144,5 - has anyone taken one of their ASICs apart & seen whats inside? I’m betting on external memory.
Assuming that’s the case, we could end up with Equihash 144,5 ASICs in a few months time BUT with a similar performance restriction - that’d give a fast product for dedicated farms etc but wouldn’t crush GPU mining. Just my humble opinion.
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The Antminer E3 is actually no more efficient than an overclocked GPU.
Bitmain states it does 180mh at 800w, which is a ratio of .225.
A 1080 Ti does 52mh at 200w, for a ratio of .26.
An Rx 580 does 30mh at 130w for a ratio of .23.
[Moderation edit by @daira: deleted attack on another forum participant. This also deleted part of your argument but, well, tough: if you don’t attack other participants, your posts won’t need to be edited.]
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I think the argument is that it’ll add an extra cost. Though I’m not sure how much of an extra cost it will be for a company like bitmain.
Regarding the e3. That’s a head scratcher, Performance wise it’s marginally better than GPUs, it shines obviously for a mass deployment for a farm. That and the price of the e3 being very competitive with GPUs leads me to strongly believe bitmain is holding back. Then again what do I know. This could be bitmains best effort at ethash
you can do your own mathematics and calculations and of course call the ethereum devs trolls too that came up with the 1.8 figure. Elementary mathematics by the way, so don’t be afraid to do the calculation yourself after you call “sharing information” trolling. Sooooo childish and low, any chance it gets even lower?
Edit: From the Workshop, seems the numbers are from factory settings without any pills/overclock:
if you have a problem with these numbers, adress them to @bitcartel
Ethash (Ethereum)
Antminer E3, 180 MH/s @ 800 Watts, 0.225 Mh/W/s
Nvidia 1080 Ti, 31 Mh/s @ 250 Watts, 0.124 Mh/W/s
ASIC advantage ~ 1.8x
Design goals are fair mining and ASIC resistance [LeastAuthority analysis]
Just a small correction: E3 factory performance: 190 MH/s @740W (+/-4%)
Sidenote: If it’s like all the last Bitmain Antminers than there should be a nice overclock funtion as well.
I couldn’t find anything on the E3 but there’s some stuff on the F3, headlines were 200Mh, $2500. Here’s the link :-
The part that caught my eye :-
“The rumored specs of the F3 Ethereum miner indicate that every miner is mounted with 3 mainboards. Each mainboard will have 6 ASIC processors, each of which has 32 1GB DDR3 memory chips.”
Your numbers are faulty Nvidia GTX 1080 Ti does 52MH/s at around 200W with booster on Ethash. Also why can’t ZcashCo be ethical and keep simple ASIC resistance launch statement principle? Equihash 144_5 would have been a good fork (look at BTG); completely lost confidence in project because of developer thinking and mindset, this project will not go far long term without fundamental thinking change.
People should now look to Ethereum Classic a project that is going places once Ethereum goes PoS (completely dumb idea) mark my words Ethereum will slowly be over taken by Ethereum Classic which as committed to be a PoW coin. These developers i.e @zooko and rest including some on Ethereum project don’t get it; GPU mining is what made coins popular initially and was also responsible for Bitcoin’s acceptance and popularity; being able to mine it on your own home hardware and not some specialized ASIC.
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Look, in another post i commented bitcartels post where HE mentioned it’s 1.8x and i have readed the same on another ethereum paper of some research they did where it as well was mentioned as 1.8x and it’s more than obvious that all sources took the factory performance/settings into account when doing the math.
Call it vaulty or like Jam trolling, but these are not my numbers, not that it matters that much as you both have anyway only one target, name calling.
However, after you use in your calculations overclocked settings, better use the same for E3 as it will mostly have 25%, mostly ~30-35% overclock potential as well if bitmain follows his last designs, so at least your calcuation can hold up a bit in some days when the E3 gets shipped.
P.S.: Laughing at the “Ethereum is dumb” “ethereum doesn’t get it” quote in your post. Seems the next enemy is on the horizont just because they don’t stay gpu POW but go POS, lol. No need to be desperate, it seems you allready found 2 new hero coins in BTG and ETC. Amazing!
Because all that ASIC coins are not memory intensive …including this Zcash …ETH is memory intensive so there is not memory that you can overclock 30%.
Like i sad i mine ETH now…7 1070 NVIDIAS give me 230 mh on 880 watts.
So compare to bitmain its only few percents less efficient …actually most efficient is nvidia 1060 …i have few off them 24.7 mh on 70 watts only …if i have them 7 it would be 173 mh for maybe 550-600 watts.
So Zcash is total flaw and real decentralized coin are ethash based.
Zcash is now totally centralised coin where 70% off mined coins go to 5-6 solo mine addresses.
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zec = 0.025 btc
zec diff = 15M
GPU miners are welcome by dev team!!
noone should mess with Walter!!1!
Are you people quite finished? Got anything worth my time? I read an article about Optical proof of work, 220 nanometer standard at THz speed, neat, even if it doesn’t mean anything it’s better than what this has been
Youtube silicon photronics
gpu miners finished, sure. fast and without any warning or even attempt to save.
This is interesting. Zcash’s bigest advantage over Bitcoin is that Zcash can hard fork whereas Bitcoin can’t hard fork without being called Bitcoin [Something_else] (Cash, Gold, etc.). This has caused Bitcoin to stagnate and gradually lose large amounts of market share to alts.
One off the problem with ASIC except total centralisation is you really cant upgrade almost anything because you are lock with ASIC that are locked with same algorithm.
I send bitcoin yesterday and 5 hours it needed for first confirmation even with high fee …that is almost unusable in real world.
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Yes, and this also means that Zcash can easily decide to prevent ASICs from taking over, in a way that Bitcoin could not.
The fact that Zcash is doing nothing to get rid of ASICs means they are breaking a principle they advertised from the beginning.
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You mean asic-proof? Because resistant means something else, look it up
ASICs are just part of Zcash growing up into a top-four cryptocurrency.
The fact that Zcash is doing nothing to get rid of ASICs means they are breaking a principle they advertised from the beginning.
The original and continuing goal is to have fair mining, not GPU-only mining. The article below is spot on in terms of GPU vs ASIC mining:
GPU mining isn’t more decentralized than ASIC mining
By referring to the excellent work done by Balaji S. Srinivasan in his article Quantifying decentralization, we can compare mining decentralization of Bitcoin which is ASIC mined with Ehereum which is GPU mined…
Then enter ASICS and bye bye to the gpu’s. So what’s the argument? If you look in either direction someone gets F’ed…
We all know you own ASICS for ZEC so your argument is voided… Meaning you lean 1 way…
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