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Looks like ASICs. These are worthless for anything besides mining BTC. Another counterpoint to Bitcoin. Ethereum has protections in place (had, Eth 2.0 changes
by dna_polymerase 5y ago
Looks like ASICs. These are worthless for anything besides mining BTC. Another counterpoint to Bitcoin. Ethereum has protections in place (had, Eth 2.0 changes everything again) to prevent ASICs.
- enlyth 5y agoProtections in place which created a global shortage in GPU availability for machine learning and gaming, sounds like they didn't work great
- freeone3000 5y agoThe countermeasures are "uses more RAM than is convenient". The ASIC counter-countermeasure was to add more RAM. The countermeasure was effective for 18 months.
- gfodor 5y agoSo they steamrolled a bunch of cases, power supplies, and RAM? Kind of ironic.
- freeone3000 5y agoNot PC cases and not PC power supplies, and probably not PC RAM. ASIC-based miners are built like embedded systems. None of these parts could be reused for general purpose computation.
- rasz 5y agoYou can see PC power supplies in the video.
- freeone3000 5y agoYou can see power supplies.
- boring_twenties 5y agoMonero has more extensive ASIC-countermeasures in place: https://github.com/tevador/RandomX https://github.com/tevador/RandomX
- noxer 5y agoAnd FBA consensus "coins" don't need countermeasures because they dont need any kind of proof of waste lottery to make progress.
- boring_twenties 5y agoAnd neither does Paypal, et al. Why wouldn't I just use that if I don't care about decentralization?
- noxer 5y agoFBA is BFT + decentralization. The F stands for "Federated" in contrast to "just" distributed system which are only physically decentral, federated system also decentralize the control. The key difference is that it does not need a puzzle (and therefore no resource wasting to solve it) to determine who will write the next block but rather BFT is used to agree on the next block. Its quite elegant compared to the puzzle and obviously way more efficient.