No idea either what it is exactly. If i remember right it has 4 “processors” on each of the 3 Hashboards, a total of 12 processors.
I can not find the source anymore right now, but that’s what i remember it was. Hope i don’t mess it up with another one, so do not nail me on that one!!
I have no idea what agenda are you talking about. I share my opinion that I am clearly anti centralization and hate bitmain because they impose every sort of centralization if you call this an agenda then ok this is my agenda.
I will leave you with bitmain transparency.
Hint, google for antbleed or asic boost or empty blocks scandals.
If you do not agree on 1% for miners. And 99% for bitmain then tell me how much do you think asic miners made after ROI and covering running costs?
PS. Bitmain made 4 billions usd in a year.
We have NO digits to make whatever calculation on how much asic miners made, nor how much gpu miners made. Therefore my comment about the 1% you mention. You throw in a digit from a mathematical calculation without having even 1 digit of the whole calculation. That’s wild guessing driven by a personal agenda, hence my comment it’s that obscure that it does not deserve any comment at all, but ok, you got another comment on it.
About antbleed. There was a possible backdoor discovered back than that was patched IMMEDIATLY by Bitmain, period, this is not an issue anymore and actually moslty NEVER was.
Only 1 vulnarability that was fixed within days is pretty good by the way. I wish my Windows system was like that, but it’s not …
If there is a will to make ASIC proof algorithm it will. Apparently you failed in ethash miners. The solution is about the memory required. Zcash increase memory required and your gains for any future ASICs will decrease drastically until it cost you more than sale price and that is it. But anyway I doupt there is any real intention for zcash to be ASIC resisant.
People, Zcash Co. is a company. Not a group of enthusiasts. The company has created a product (Zcash) and wants to squeeze out of it as much as possible. That’s how companies work. So if the company says that it does not refuse to take ASICs into the game, it means that their specialists have calculated that it will be financially justified. The company can not suddenly abandon the five-year plan and implement the ASICs resistance fork. This would strongly affect the company’s quotes. Also, do not be offended that Zcash Co. does not implement measures to counter Bitmain’s monopoly. They do not act blindly, they are a profit-oriented company, they have calculations that it will be more profitable financially. However, in my humble opinion, not taking remedial measures now, will result in the takeover of Zcash mining by cancer, which are poisonous Antminers.
GPU’s known fact is a that it’s a big community, though debatable how many are here for the project itself or just because zcash is the most profitable mainstream minable coin in USD today.
I currently mine ZEC with GPU’s, but I also bought 3 Z9’s.
It’s a quite big bet for me, and for the people who rush telling those like me, that we can throw the hardware down the closet in 2 months time my answer is they might be right,zcash might change the algorithm, dificulty might increase to 20x, but I might mine more coins in these first 2-3 months than I would have with my gpu’s (zec coins not USD) in one year, so all in all the money could be well worth on the long term even in USD.
Rest assured it’s not my food money, I plan to invest in GPU mining in the future, but the main reason for this is the versatility that I can leave a project whenever I plan to. Btw RVN seems to be more profutable as of today, 30% more than ZEC.
If the ASIC will only produce a rought $6/day, that’s about ~1.2 years of ROI in USD, not that bad right?
And oh … as long as the ASIC will have any profit or be above 0 in terms of electricity vs buying directly the coin, I plan to keep it plugged in, because I already commited a lot when I decided to buy it.
If it will produce $1/day than with a $6000 investment I will produce $90/month. But do I really want to think in USD? I would better think in ZEC’s, so inorder for the coin to be economically viable dfor mining, the price will drop and more coins will be mined, or the price will increase and more USD will be mined.
I would preffer the first version, because I want more coins + hodl for the real profits (regardless that in crypto or in USD).
A common sense question, who’s more commited long term?, me (forced by my previous decision to mine and hodl) or the whining GPU miners who always have the option to move to other projects if they feel like it?
Any other company that implements such a backdoor (virus) intentionally should be facing legal actions and already out of business but this just show us how much we will have to deal with corrupted entity if we allowed ASICs to be in.
please give me the source that bitmain batched their miners to remove antbleed.
Also you did not respond to other scandals asic boost and empty blocks. Or you respond to things that you can respond to, and ignore other thing?
Let me elaborate a bit they chose to hurt bitcoin network by mining empty blocks to make their miners faster.
Oh and did I forgot to say that they threatened bitcoin community when they proposed a POW change?
Wow bitcoin can not change their pow because bitmain did not like it.
Zcash will have the same fate or even worse because they are not big as much as bitcoin or even tenth of it.
Zcash community will lose all participants which don’t buy an ASIC at a time where the most important update of Zcash will get launched! Badest timing in the world!
All 18 months of community building (!) and now all miners who don’t want to buy from Bitmain get sacrificed. We do not want to mine another coin. We are here for a reason. You stood for ASIC resistance and against centralization of power in the first place. I spent hundreds of hours supporting the Zcash community. I told hundreds of people about Zcash and showed them how to do transactions and now I am forced out of the business by the same company which destroyed the dash community and many more.
And to all the naive ASIC miners. You can not make your money back even if the deal looks now too good to be true, only if the price of ZEC will rise dramatically, otherwise your investment is worthless.
@zooko What do you really want? There must be an easy answer to this question. Is it just “more hashrate”? How have you solved the ‘distribution’ problem? Can you name three benefits of a ZeC ASIC?
Support S9 with fixed frequency 550M
*** Remove: post mac and stop mining interface**
Fix a memory leak bug.
Just in case you have no thrust in what i’am posting, go to the support page and to download firmware page and you can check your own. No account is needed to go there, so feel free to double check.
While i understand you and your bitmain hate agenda i can not see what purpose spreading all the time false and wrong information is good for? Manipulate people that do not agree with you? Spread FUD?
Look, i’am fine with every single argumented anti asic argument, but when it’s based on speculation, fud, lies, wrong guesses, pure hate, personal agenda, than i have problems with such.
About the other points i did not mention. I’am not you, in the meaning i will not comment or correct something IF i’am NOT 100% sure how it works, how it is and what have some REAL facts or arguments. That’s why i did not comment on your other points. I had to read into it right now, but have other dealings to do. Maybe later i will follow that issues and give you my 2cents on these.
I will not reply you since you just seem have no argument and keep accusing me of having agenda. Haha, agenda for nvidia? That is funny
What you call lies are on news just read them if you do not know but if you already know but have no answer then it is ok i just want to show facts for other readers.
How did you calculate that one? Damn, all these Asic miners must be the biggest idiots on worldwide
You do not know the difficulty in 1 month, neither in 6 months, even less in 1 year. You do not know the total hashrate for these time periods, you do not know the total amount of miners to be released, you do not know the price Zcash is going, you do not know what influence sapling and overwinter have to the price of ZEC, you do not know how much the total hashrate on the network will be. You even do not know how what % of the Asics on equihash will mine Zcash. So how did you make your calculation to call others naive and that they will throw away their money only?
Do yourself a favor in the answer and spare us the comparison with Dash and D3 and Bitcoin and S9 as both are still profitable, no matter that many other Asic manufactors have throwing as welll shitload of Asics on these algos and coins.
Why do you think in $$?
You don’t get it, people who are willing today to invest 100k into s9’s are doing it to mine more bitcoins, not USD.
And…btw thinking in USD terms, the S9’s still have an ROI of 1.1 years. I started GPU mining with 2-2.5 years ROI vs USD in mind. Just to set my mindset correct.
I agree this brings centralization, but it will also people who are really interested into mining a certain coin, and that are there to do it for good and long term. More people like these less centralization + more stability about investments into the project itself.
Long term it makes sense right?
Seems to me every miner just wants a quick buck nowadays.
You admitted allready that you have an agenda and hate bitmain. “and hate bitmain because they impose every sort of centralization if you call this an agenda then ok this is my agenda.”
I repsonded to the antbleed bug with facts and you call that i have no answer? The Bug was fixed within a week. it was fixed 03 May 2017, just some days after the community discovered the possibility of danger of it. Period. No more Asics got shipped after that with the antbleed bug and ALL firmware has been update up to date. Period. This is an fixed issue.
And yes, it makes it a lie when you say antbleed is still there and a threat as many others did as well in this whole topic. It’s just not the case, period. Turn it as you want. NO such bug since 1 year.
And i do not comment the other both issues you mention because i simply do not have the required knowledge abou it. I’am not like you just throwing in some rumours, some eventually edited pics and whatever not.
Ok I respect that you admitted you have no knowledge on these topics but do not accuse me of spreading false information you can search your self but you seem you are not willing to but it is ok.
The news every where and the shots are from Jihan wu the ceo of bitmain.
Again this is for people here to make sure from the information.
Jihan wu admitted they are mining empty blocks and refused to stop
Jihan wu threaten bitmain community to stop them from proposing pow update.
I have readed a bit into it, and still, i do not understand all the sides of it .Neither the purpose of the empty blocks nor the second one actually.
Reading a bit into it, it seemed a bit more about measure power and politics in bitcoin’s own space, but i could be totally wrong. Seriously, i do not understand the idea (pro/cons) of that empty block mining and the reasons behind, but it seems to me it’s about political issues btw. some parties involved.
Additionally i’am not a bitcoin fan at all and more a believer of newer coins with real invention and tech coming, like Zcash for example, so that issue makes it even less interesting for me to follow.
I might be wrong with the empty block mining, but isn’t this more a pool issue? If so, i’am all for smaller pools anyway. I personally hardly use any big pools, seriously. I just feel more comfortable with smaller pools, enough they are good.
As said, you might have a point with these 2 issues, but again saying, i do not understand them to their full extend. Even than i’am not sure if it would be a point for zcash as well just because it’s for bitcoin, but could be of course, i do not deny that either.
So you see i have no problems to admit having no knowledge about a given issue or when i’am not sure and i think that’s fair as it is fair from you to respect that.
I do respect that. My issue is not with you at all I want to show how bitmain is mishaving that it is very wrong decision to let them in.
Again my issue is with bitmain because they are gaining scary monopoly on the crypto market and as you see they have many issues and misbehavior.
A healthy crypto ecosystem should never be dependent on one company nor one country.
So when it happens that there are many ASIC makers with real competition and not centralized in one country I will consider ASICs but at current time you will simply hand zcash under bitmain control.
And later it will be too costy to fork or even impossible because zcash will be totally dependent on ASICs.