First time seeing this. Isn't this much better to keep

Question

Bitcoin Cash (BCH)

🎗 Remora_101

First time seeing this. Isn't this much better to keep

decentralization than ASIC resistance?

An attacker basically had to dominate 3 different mining algos.

#bch #bitcoincash #cryptocurrency #english

0

25.10.2023

7 ответов

12 просмотров

Shadow Of Harbringer

It's all economies of scale. No small miner can compete against a 10-Gigawatt mining farm + Solar farm on Sahara A Gigafactory full of miners will nearly ALWAYS be more profitable than just solo mining in house

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6 месяцев назад

Shadow Of Harbringer

An "ASIC-PC" can have el-cheapo version of stock CPUs, but to make them cheaper, they - for example - could be produced soldered together with the motherboard (non-removable) or something. Costs of the motherboard can be also probably cut in half, by - for example - including no PCIE slots, and having only integrated super-cheapo GPU with 16MB (crazy, right?) VRAM. RAM? Soldered to motherboard, produced together with the board to cut costs. ASICs and cost optimization will ALWAYS happen when there is big profit to be made. Can't make it go away. Such coins are simply too niche and too low-profit to gather the interest of huge manufacturers.

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6 месяцев назад

Shadow Of Harbringer

But wait, there's more! - No SATA/IDE connectors - No NVME connectors - A single super-cheapo USB controller with 1 (sic!) USB socket - No onboard audio - Mini-ITX motherboard format - 1 Very powerful stabilized 5kW-10kW DC power supply per 10-20 "miner-PCs" I would bet a sufficiently creative manufacturer could cut the costs of motherboards by 75% and PCs by 40% this way, assuming mass production

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6 месяцев назад

Joe Fintec

How many solar miners are in the sahara?

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6 месяцев назад

Kishniev

Shadow Of Harbringer
But wait, there's more! - No SATA/IDE connectors ...

Bitmain X5 did that

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6 месяцев назад

Tom

Joe Fintec
How many solar miners are in the sahara?

Would be an investment, adding the cooling too.

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6 месяцев назад

Shadow Of Harbringer · Accepted Answer

Shadow Of Harbringer

If such coins become profitable enough for gigantic scale mining, companies will simply produce specialized "PCs" that cannot be used for anything else than mining and are 30% cheaper and 20% more energy efficient than normal PC. And what then? Game over. This is why making "ASIC-resistant" coins/algorithms is pointless.

0

6 месяцев назад

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