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ASICBOOST doesn't seem to be as big of a deal as it's been made out to be. $2M in potential annual savings for a company, not the $100M greg claimed. https://m
by ktorvald 9y ago
ASICBOOST doesn't seem to be as big of a deal as it's been made out to be. $2M in potential annual savings for a company, not the $100M greg claimed.
https://medium.com/@jimmysong/mining-profitability-and-asicboost-ffdb779ef6dd https://medium.com/@jimmysong/mining-profitability-and-asicb...
- StavrosK 9y agoWhy is it branded as savings? If they're 30% faster, that's 30% more profit, no?
- kobeya 9y ago30% more revenue. And this is in a marginal industry. Bitmain can keep adding miners until the difficulty pushes all non-ASICBOOST miners out of business as their power costs exceed revenue, but Bitmain (who pays the same for power) would remain in business. This has already happened: see KNC miner.