a person who works in a mine.
“the miners were freed after spending four days trapped underground”
synonyms: digger, collier, gold panner; datedsourdough
“the trapped miners were rescued”
a person who obtains units of a cryptocurrency by running computer processes to solve specific mathematical problems.
“anyone can become a bitcoin miner”
2.
historical
a person who digs tunnels in order to destroy an enemy position with explosives.
Mining is one of the most dangerous trades in the world. In some countries, miners lack social guarantees and in case of injury may be left to cope without assistance.
Just face it guys. Mining is a dirty biz in any era. Being screwed is the nature of being a “miner”. As miners we have to assume the risks of mining. Equipment is always changing and as crypto miners we have to be flexible and persevere through technological advancements.
I mine Zcash and I respected the vision of Zcash to be decentralized with ASIC resistance. But after this Bitmain news I’m questioning the integrity of the Zcash team. But seriously, what benefits are there to Zcash by letting the ASIC hounds of hell invade and ruin this ecosystem? Is it greed? (Higher “Founders Rewards”). Power? Misguided visions? I thought the goal was freedom and privacy.
How reliable are these Z9s? 180 day warranty. 1 unit restrictions. 2nd hand hand-me-downs from our future Chinese overseears? Do you really want to put down $2000+ for a unit that has less support than their GPU counterparts?
Personally I’m pretty pissed and don’t know what to do with my rigs. I spent so much time, effort and $$$ tweaking them up so nicely. I would be so disappointed to take them apart and sell off. But hey what can you do right? That’s mining and that’s the risks we take. It sure beats panhandling for gold.
However, it’s the responsibility of Zooko and the Zcash team to do whatever it takes to grow market share. More needs to be done than a bunch of nerdy Tweets. So far not so good. ZEC has been lagging since the JP Morgan announcement last May 2017.
You guys are really smart but lack the PR to a create a great buzz. Take a lesson from the Verge playbook and make some jaw dropping announcements to bring in more fanfare. It doesn’t have to be X-rated. Just mind blowing. I will continue mining Zcash with my GPUs as long as it’s profitable.
Shipping: 20-30 June No shipping to HongKong!!!, Macau!!! and Taiwan!!!.________hongkong,macau,taiwan +_+ zcash no for you guys mining ok
welcome 1999 USD
When is the time Zcash will do something??
dude have you checked those links? Half are just selling re-branded bitmain crap, and most of the rest only sell in batch or in China. Not to mention whenever I see “Spondoolie Tech” on a list, I can’t take it serious. They have been out of business forever : http://www.spondoolies-tech.com/
Finally, most of them make chips only, or don’t really produce anything yet, or are trying to scam money.
Actually yes, i open every miner that received and i do not care about the seal as i won’t send anything back in case it fails. So far in all the time i have only 1 single hashboard that failed over time. I open them for various reason while the main reason is EXACTLY this rumor, that they send used hardware which at least me has not seen any evidience so far in first batch purchases. In such a greedy business i’am cautious with unproofen cliams when it comes to coins, mooning, deals, whatever until i have checked, seen, verified myself. Of course it’s always way more easy to blindly believe and even not thinking about whatever …
About Monero, NO, i did NOT say it’s only the bot nets that made up for the hashrate. I said it’s NOT only the Asics that stoped mining on Monero. It’s too easy to say look, 600 hashrate dropped, it’s all Asic, because it’s not like that. I have no idea how much hashrate contribution the botnets, asics and the miners that didn’t change to the new algo had, really not. All i know is that by logic it’s not 100% the asics are responsible as it’s suggested all the time by the anti asic haters, nothing else i have said.
NO they do not ship to those countries! The miner is not even listed on the chinese site!
ignorant liar… dont tell me they ship to China, I LIVE IN CHINA…
and there was proof that miners were used by bitmain before being shipped … we could see that from the XMR hashrate drop… its not rocket science… but it does require a brain to see the hashrate drop
I’am not an ignorant liar. I have said IF i remember right. And while you guys know everything 200% i admit room that my information may not be correct. Exactly this does not make me a liar, even less an arrogant one. Arrogant is the man that thinks he is always 100% right whithout having proof, evidience, whatever.
And i never said that asics did not mine on cryptonite bevor the monero fork. All i said it’s NOT only Asics, even less from bitmain as Baikal and Innosilicon are ahead of bitmain on this algo.
You are right though with rocket science, it’s not, enough someone checks facts and opens his eyes, for blind hardcore hardliner haters there is a problem of course admitting whatever. You are free to believe that bitmain, every asic and every asic miner is arrogant, a liar, evil, whatever, that’s up to your discretion. Whatever we discuss here technology advance won’t ask both of us anyway … it’s just going to happen … No rocket science needed as well to realise that this Z9 is a perfect machine.
Whatever you want. I’am ok to be called an “arrogant liar sell out”. My grandma allreayd told me never to get offended by someone that is below my level. Only get offended by people that are smarter than you" she said, sooo true
This debate has gone far past the point of constructive.
Right now it’s YouTube commentary on devs editing their posts, soft attacking Zooko, selling your coins, and grandmas??
Where’s the foundation’s input on this debate? That’s sketchy to me because it’s my understanding they are supposed to represent the community. I don’t really expect to hear much from Zerocoin Electric Coin Company (by the way I REALLY like that name) - does Tim Cook go on message boards and debate products with reddit posters? Probably not.
Can we get some input from the foundation? They just got a new communications manager…
It appears @zooko is just a programmer and not a leader or visionary like lets say “steve jobs”, he understands nothing and is kind of stupid that we are even debating this. Why not just use sha256 POW if you are going ASIC? why not use in the first place?..he has no character and I already feel doom for Zcash project no matter if they still fork…the project is going to need a change of leadership to move forward and @zooko can be kept on as a programmer or developer until he moves on to regain market confidence.
Good to mention that ASIC manufacturing is very high tech that require huge investment into infrastructure. That is why there are only two GPU chips manufacturers on the whole world AMD and NVidia and very few CPU manufacturers as well.
So I think the one who has the infrastructure is bitmain and others are reselling, rebranding customization and collaborating so no real competition here.
May be similar to the relation between AMD and Sapphire, MSI, XFX, ASUS, Powercolor, etc …
I would imagine most folks who are against ASICs are GPU miners. I wish we could have this discussion without miners being involved. I own a GPU farm, but I know ASICs are inevitable and healthy for the space in the long term.
Why do you believe that WalterMagnum? With a company like Bitmain with it’s control over the likes of Bitcoin. And with Zcash they will have the control over that coin too. A day will come when Bitmain will just hit there switch and shut down all the ASIC they ever made and then where will the people that bought those ASIC’s be, out in the cold!! Zcash will not be decentralized anymore once they start. You did see this?
“90% of the mining power is owned by 16 miners in Bitcoin and 11 miners in Ethereum.”
Not necessary ASIC would limit Zcash mining to certain geographic locations and distribution of coins would become focused in few hands due to the capital cost involved. The success of Bitcoin early on was that there were no ASIC’s so distribution of coins was widely dispersed after several years…ASIC is going to limit this in the product life of Zcash as it is still early, it will also limit growth potential of coin. If Zcash initially started with Sha256 POW as it appears they where lying about it being ASIC resistant, I can assure you it would not be as successful as it is today. Zcash is not that popular and no amount of technology is going to make it so, just ask BetaMax video tape; it needs a big differentiator from Bitcoin and ASIC resistant can be it, once it loses that it dies a slow gradual death until another coin emerges, that is the aim of Bitmain they are really concerned with consolidating the Bitcoin market.
I chose not to be ASIC miner from the beginning because I did not see any real competition in terms of manufacturing ASICs so I expected monopoly misuse and highly unfair distribution which we see in bitcoin. I am not idealistic but having a coin evenly distributed will mean no one can control or manipulate its value.
Also good to note that monopoly will always means misuse. Let me give you some examples on how bitmain are misbehaving.
They made Ant bleed, they injected a functionality in their ASICs to be able to track them and shutdown them whenever they need. They can shutdown most of bitcoin miners with this feature (virus) they injected. It is very astonishing that how people are still willing to buy their ASICs after such a scandal. https://www.antbleed.com/
Least but not last, they manufacture and run their ASICs secretly and dump them when they are not profitable. (monero is shining example)
So at current situation I do not get the point how ASICs are good for healthy network at all. Moreover they are prohibited on many third world countries plus they are extremely limited commodity for example when S9 was profitable it was out of stock most of the time and it was being reselled for four times of its original price.
So until I see that ASICs are available every where and with good competition I will never step in. Even getting more ASIC means that I will be out of the whole market because I do not trust investing on a coin highly controlled by shady manufacturers like bitmain.
If coins continue to “fight” ASICs by forking, Bitmain will continue to manufacture ASICs and mine with them privately. If more coins welcome ASIC mining, it will draw potential competitors into the space and weaken Bitmain’s monopoly. All “fighting” ASICs does it strengthen Bitmain’s monopoly.
