this post was submitted on 27 Aug 2023
8 points (90.0% liked)

Monero

1662 readers
20 users here now

This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

GitHub

StackExchange

Twitter

Wallets

Desktop (CLI, GUI)

Desktop (Feather)

Mac & Linux (Cake Wallet)

Web (MyMonero)

Android (Monerujo)

Android (MyMonero)

Android (Cake Wallet) / (Monero.com)

Android (Stack Wallet)

iOS (MyMonero)

iOS (Cake Wallet) / (Monero.com)

iOS (Stack Wallet)

iOS (Edge Wallet)

Instance tags for discoverability:

Monero, XMR, crypto, cryptocurrency

founded 1 year ago
MODERATORS
all 15 comments
sorted by: hot top controversial new old
[–] [email protected] 3 points 1 year ago

Well, about 22 of my CPUs would run 1320 watts and give me 127kh/s. They must be using threadrippers or similar to get 212kh/s.

[–] [email protected] 2 points 1 year ago* (last edited 1 year ago) (1 children)

How?

Monero won't work on ASIC AFAIK...

[–] [email protected] 1 points 1 year ago (1 children)

Its a bunch of CPUs all put into a box. Would have to be. Likely threadrippers or similar

[–] [email protected] 0 points 1 year ago* (last edited 1 year ago) (1 children)

~~https://cointelegraph.com/news/bitmain-announces-new-monero-mining-antminer-x3-cryptos-devs-say-will-not-work~~

~~Says its ASIC~~

Ooops, old article.

Can't find if it's ASIC or not, reports are saying riscv.

[–] [email protected] 3 points 1 year ago* (last edited 1 year ago) (1 children)

Monero doesnt use that algo, it uses RandomX so this wont mine monero at all.

Edit: also, this article is old AF.

[–] [email protected] 2 points 1 year ago

Relevant discussion in #monero-pow.

[–] [email protected] 2 points 1 year ago

kindly link to this on #monero-pow I think the time has shown us now - that ASIC manufacturers build, deploy and sell devices addressing randomX mining. Monero dev's should NOW flip some switches to make exactly this devices as useless as they can get for mining randomX. 18:17 sech1 and an instruction I picked, it's not even a finalized draft in risc-v, lol 18:18 sech1 *it's not ratified yet 18:19 sech1 and considering that they physically created their ASICs in 2021... It's 10000% not there It could also be a temporary time-limited function or only active till a certain block-number to not affect future developments. You could introduce short-term asic-mitigation switch handles. ASIC manufacturers increased the difficulty for individuals for a long time now. Please, make their devices as useless as possible for mining Monero now, so they will earn less money from selling their burned silicon to good people. They will also gain a bad reputation because they will NOT get the advertised Hashrate or burn much more energy or so. hyc, you should get one or two of it and get useful findings, like whats the specific devices timings and exact those timings:frames, as they only exist in these devices, unuseable. Let them earn unsatisfied users - let us earn more, those who keep believing in one-CPU-one-vote. El sponge?

[–] [email protected] 1 points 1 year ago

Despite ASIC manufacturers have on speed-dail, the number of cpu- and circuit board and memory manufacturers. They can just ask for 50k faulty devices that are still good for randomX - that else would maybe be trash, even! OK, for mother nature good to use those, but monero was not about saying "now they already mined for years, we dont have to do anything anymore" where are these voices coming from?! sorry, kindly link this for me on irc/matrix, thanks

[–] [email protected] 1 points 1 year ago (2 children)

16:47 hyc it would be fun to see their 2+ years of effort poof

16:47 sech1 and they don't have superior efficiency

16:47 hyc but anything we did like that would only have a temporary effect> from https://libera.monerologs.net/monero-pow/20230827

@hyc : As you can see in my other two posts here, i'd really like a "temporary effect" make this specialized devices less worth for one or two years from now. The ASIC-manufacturer will feel and deserve the backlash. Make it poof.

[–] [email protected] 2 points 1 year ago

They're CPUs. They can just roll out a firmware update and be up and running again.

[–] [email protected] -1 points 1 year ago (1 children)

Dude, they're mining just like you. What is the big deal?

[–] [email protected] 0 points 1 year ago (1 children)

People view centralization of mining power as a threat.

[–] [email protected] 1 points 1 year ago* (last edited 1 year ago) (1 children)

I get that. What I don't get is how these would help centralize power given they mine at the same efficiency (at best) as everything else.

[–] [email protected] 1 points 1 year ago

@IP2 @Giffbro They can ban asic, but can they ban cpu? CPU is everywhere.