The State of Cryptocurrency Mining – Sia Blog


29 bookmarks. First posted by kartik may 2018.


<<... For basic hardware development, most algorithms can see substantial optimization just by taking away all of that generality and focusing on one specific thing. The vast majority of ASIC-resistant algorithms were designed by software engineers making assumptions about the limitations of custom hardware. These assumptions tend to be incorrect. At the end of the day, you will always be able to create custom hardware that can outperform general purpose hardware. For any algorithm, there will always be a path that custom hardware engineers can take to beat out general purpose hardware. It’s a fundamental limitation of general purpose hardware. A lot of people believe that computing is broken up into 3 categories: CPU, GPU, and ASIC. While those are the categories that are generally visible to the public, in the chip world there’s really only one type of chip: an ASIC. >> https://ift.tt/2GaNDu7 #btc
ifttt  facebook 
11 days ago by jikatu
For those new to the blog, I am the lead developer of Sia, a blockchain based cloud storage platform. About a year ago, myself and some members of the Sia team started Obelisk, a cryptocurrency ASIC…
公众号  素材  蚂蚁大陆  挖矿 
7 weeks ago by 15680611818
"The State of Cryptocurrency Mining" so much hard work/energy by so many smart people being…
from twitter
10 weeks ago by tednaleid
There's a lot of room for innovation in ASIC design for cryptocurrency, but real success means you need to go big or go home, by a designer for Obelisk

Note that Bitmain is basically the 900-lb gorilla by way of being a manufacturer.
Also note: even an American-owned facility in China was intimidated out of business, so think carefully about those supply chains, kids!
cryptocurrency  hardware  electronics  2018 
11 weeks ago by mechazoidal
For those new to the blog, I am the lead developer of Sia, a blockchain based cloud storage platform. About a year ago, myself and some members of the Sia team started Obelisk, a cryptocurrency ASIC…
mining  asic  cryptocurrency  hardware  analysis  economics  strategy  manufacturing  centralization  bitcoin  pow  consensus  politics 
12 weeks ago by orlin
The State of Cryptocurrency Mining – Sia Blog
from twitter
may 2018 by bytebot
The State of Cryptocurrency Mining – Sia Blog via Instapaper https://ift.tt/2GaNDu7
IFTTT  Instapaper 
may 2018 by Detoo
HOMEPRODUCTENGINEERINGPHILOSOPHYCOMMUNITY
cryptocurrency  hardware 
may 2018 by thoth
RT : OMG—everyone who cares about Proof-of-Work mining needs to read the entirety of . There are…
from twitter
may 2018 by jasiek
The State of Cryptocurrency Mining
from twitter
may 2018 by ampressman
For those new to the blog, I am the lead developer of Sia, a blockchain based cloud storage platform. About a year ago, myself and some members of the Sia team started Obelisk, a cryptocurrency ASIC…
bitcoin  mine  hardware  5* 
may 2018 by ianweatherhogg
RT : OMG—everyone who cares about Proof-of-Work mining needs to read the entirety of . There are…
from twitter
may 2018 by jbellis
The State of Cryptocurrency Mining For those new to the blog, I am the lead developer of Sia, a blockchain based cloud storage platform. About a year ago,…
from instapaper
may 2018 by dylan
OMG—everyone who cares about Proof-of-Work mining needs to read the entirety of . There are…
from twitter_favs
may 2018 by andydavies
OMG—everyone who cares about Proof-of-Work mining needs to read the entirety of . There are…
from twitter_favs
may 2018 by yonair
OMG—everyone who cares about Proof-of-Work mining needs to read the entirety of . There are…
from twitter_favs
may 2018 by moderation
A nice primer on how some are thinking about ASICs in crypto mining.
from twitter_favs
may 2018 by kartik