08:23:38 Interesting example of what ASIC producers can do these times during Corona. Handshake (HNS) coin was launched on Feb 3rd: https://hnsxplorer.com/block/0 08:24:01 ASIC already shipped to customer on Jun 9th: https://www.youtube.com/watch?v=QxNsZ6WTI4o 08:24:27 Their daily emission in $$$ is around 40% of XMR's 08:24:47 Their algo is Blake2b + SHA3, so very simple to make an ASIC 11:46:07 sounds like they just took low hanging fruit 11:49:08 I just ordered something on amazon yesterday, it's shipping from China. won't get here till beginning of August. 18:35:49 wowario[m]: wownero is going sha3? 18:36:57 tevador, no, probably not 18:37:15 definitely not for at least 9 months, and still probably not at all 18:37:24 seems not very popular among the populace 18:38:08 you would get raped by FPGAs immediately 18:44:28 yea, I am kind of working with a hardware guy to see about producing an opensource FPGA implementation that would run on cheapish boards 18:44:40 but there already a lot of those F1s floating around 18:46:50 Is there an estimate about the degree of centralization regarding FPGAs ? ie, is there a known massive farm that can outmine everyone else, say ? 18:49:30 have a look at Aeon: https://miningpoolstats.stream/aeon 18:49:54 moneromooo, I don't really think so 18:50:17 the amount of fpgas that are used to mine is probably a small fraction of the total amount capable of mining in the world 18:50:42 probably more than CPUs and GPUs, but I would still guess far less than 0.1% 18:51:12 it seems like the FPGAs that end up in "miner" FPGAs are always grey market 18:51:16 Ouch. Even worse than monero :S 18:51:40 which means they are labeled as being deprecated parts if they are still in stock and/or listed on a place like digikey 18:51:59 Yeah, I'm not really interested in the "what if the entire world start mining" extreme. Just the plausible range. 18:52:08 but apparently there is a huge market for these things if you are willing to go to Shenzen and buy in bulk 18:52:45 the whole Aeon network is probably equal to one 1000 W ASIC 18:52:53 Actually, extreme is also useful. 18:53:25 well, if there was an open source implemenation that worked on a range, or at least a few, lower end parts the idea is that it would be accessible to many more people than those that purchased "miner" FPGAs 18:54:17 Weird. That website says 100 of the last 100 blocks were found by two pools, yet they allegedly total ~ 7 TH/s and the network diff is at more than 12. 18:54:28 according to these guys it is a 10B USD industry 18:54:28 That's quite a change. 18:54:30 https://www.grandviewresearch.com/industry-analysis/fpga-market 18:56:57 moneromooo: it's probably due to large hashrate fluctuations, i.e. some miners game the difficulty adjustment process 19:02:19 https://github.com/ethereumclassic/ECIPs/issues/13#issuecomment-555946386 19:02:37 exactly the opposite of what everyone used to say 20:40:05 yea, that does kind of turn the typical argument on its head tevador 21:04:52 tevador: going sha3 is not settled yet... depends on availability of open source hardware by next year 21:06:59 toned down randomx or equix/hashx still a possibility 21:41:49 report on top 5 bitcoin asic makers https://blog.bitmex.com/battle-for-asic-supremacy/ 21:42:02 they all seem to be in dire straits 21:43:29 contrary to what people claim about commoditization driving competition and increasing consumer choices, 21:43:34 it's all consolidating 21:44:05 just to remind you that intentionally going ASIC-friendly is just cutting your own throat 21:46:35 objectively that doesn't seem to be the case with bitcoin mining companies right at this moment 21:46:48 there's two public companies now competing with bitmain, along with innosilicon 21:47:03 and bitfury is supplying a public mining company in canada with hardware 21:47:27 yes, none of them seem to be doing that great financially, but it is still a better situation than bitmain monopolizing the market for years 21:47:47 it seems like bitmain is having its own struggles lately 21:53:01 true, internal coup or something 21:53:51 all the more reason to want to have nothing to do with any such companies