Could the rumored Bitmain F3 bring big change to GPU mining?

tacanty2100 (25)in #bitcoin • 7 years ago

TSMC and Bitmain have been gearing up to bring some heat to the Ethereum game. What looks to be the latest in the ASIC world the F3 is purported to be much lower in power consumption compared to previous model but huge in others. With 72GB of DRAM spread across the 3 board similar to the famed S9 it would seem they expect the DAG to gain some heft pretty quick if I had to speculate. Never the less Bitmain is on a path towards a huge boom for hardware but where will it end and will Bitmain and TSMC plan for the future when hardware won't be enough to play as a big dog in the Crypto game?

What's concerning to me is that with these F3's on the horizon how will it affect GPU mining? How big or possibly little will the impact be? Everyone has been, well, let's just say upset about GPU pricing lately... Both sides blame each other it seems. I'm typically neutral in these situations. I like money in a capitalistic/free-market kind of way but also like some fair costing relaxation with gaming.

What's your take on the F3? Will you be an early adopter, a nay sayer or just go with the flow I'd love to hear everyone opinion in and around it.

Source:
http://news.8btc.com/bitmain-to-release-ethereum-asic-miner-f3-with-72gb-ddr3-dram-in-q2

#ethereum #cryptocurrency #gaming #news

7 years ago in #bitcoin by tacanty2100 (25)

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d0ublei (25) 7 years ago

I have a few thoughts here:

Ethash was designed to resist ASICs, if they are able to break this (not saying its not possible, that would be impressive)
Bitmain has made some dumb decisions lately: Flash releasing SIA miners? SIA is already talking about forking the coin to drop their miners. Given the large increase in the hash rate - this makes sense because they are putting themselves at risk for a 51% attack.
PoW is on the chopping block for Etherium anyway... this is not a profitable move for the company, unless of course they have no idea about ETH's plans for Casper implementations.

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tacanty2100 (25) 7 years ago

Anything worth having will motivate people to circumvent any measures put in place to create difficulty to obtain from my point of view ASICs are an annoying thing from the perspective of the little man but they are a sign that it's worth having.
SIA in general has had some odd issues. They wanted to introduce their own ASICs. The fact that they are OK with forking because of Bitmain's products is a bad road to go down and will see some people shy away from it from the centralization aspect. I do see the 51% side although as well.
I am all for PoS coming into play for ETH. The F3 might speed up the process on the ETH dev side for PoS movement but only time and announcements will tell.