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One Bitcoin miner is buying 20,000 16nm wafers from TSMC per month

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Re: One Bitcoin miner is buying 20,000 16nm wafers from TSMC per month

#2
From the article-

Bitmain, the largest Bitcoin miner on the planet, is now buying a whopping 20,000 16nm wafers a month from TSMC! That's double as much as in the previous quarter and a higher volume than what NVIDIA orders from TSMC.

Related material- https://www.gmo.jp/en/news/article/?id=764

A competitor to Bitmain just finished their prototype 12nm Bitcoin mining chip and is moving forward to their target 7nm mining chip.

Re: One Bitcoin miner is buying 20,000 16nm wafers from TSMC per month

#4

From the article- Bitmain, the largest Bitcoin miner on the planet, is now buying a whopping 20,000 16nm wafers a month from TSMC! That's double as much as in the previous quarter and a higher volume than what NVIDIA orders from TSMC. Related material- https://www.gmo.jp/en/news/article/?id=764 A competitor to Bitmain just finished their prototype 12nm Bitcoin mining chip and is moving forward to their target 7nm min…

> A competitor to Bitmain just finished their prototype 12nm Bitcoin mining chip and is moving forward to their target 7nm mining chip

Huh, maybe the dark fibre of Bitcoin will be cheap silicon and subsidized fab research.

Re: One Bitcoin miner is buying 20,000 16nm wafers from TSMC per month

#5

Just a thought, if we use even 1% of all computing power that is currently being used for mining cryptocurrency, what can it be used to accomplished?

Distribute porn. Play video games. Or some other thing that has subjective value that you might not agree with.

Re: One Bitcoin miner is buying 20,000 16nm wafers from TSMC per month

#6
It seems these large players will do everything in their power to make sure this bubble does not pop. I do not know the size of such investment, but it seems to me that these players have the ability to keep the price from crashing and keep the bubble from popping.

Re: One Bitcoin miner is buying 20,000 16nm wafers from TSMC per month

#7

From the article- Bitmain, the largest Bitcoin miner on the planet, is now buying a whopping 20,000 16nm wafers a month from TSMC! That's double as much as in the previous quarter and a higher volume than what NVIDIA orders from TSMC. Related material- https://www.gmo.jp/en/news/article/?id=764 A competitor to Bitmain just finished their prototype 12nm Bitcoin mining chip and is moving forward to their target 7nm min…

> A competitor to Bitmain just finished their prototype 12nm Bitcoin mining chip and is moving forward to their target 7nm mining chip Huh, maybe the dark fibre of Bitcoin will be cheap silicon and subsidized fab research.

Apply that to energy efficiency research as well. The monetary incentives are too strong for it not to happen.

Re: One Bitcoin miner is buying 20,000 16nm wafers from TSMC per month

#8

Just a thought, if we use even 1% of all computing power that is currently being used for mining cryptocurrency, what can it be used to accomplished?

Unfortunately, these chips are designed explicitly for the SHA algorithm BTC uses. I wonder if there would be a way to make an algorithm based around protein folding that could be verified like a hash?

Re: One Bitcoin miner is buying 20,000 16nm wafers from TSMC per month

#9
post #8

Just a thought, if we use even 1% of all computing power that is currently being used for mining cryptocurrency, what can it be used to accomplished?

Unfortunately, these chips are designed explicitly for the SHA algorithm BTC uses. I wonder if there would be a way to make an algorithm based around protein folding that could be verified like a hash?

https://foldingcoin.net

Re: One Bitcoin miner is buying 20,000 16nm wafers from TSMC per month

#10
post #8

Just a thought, if we use even 1% of all computing power that is currently being used for mining cryptocurrency, what can it be used to accomplished?

Unfortunately, these chips are designed explicitly for the SHA algorithm BTC uses. I wonder if there would be a way to make an algorithm based around protein folding that could be verified like a hash?

https://curecoin.net/knowledge-base/about-curecoin/what-is-c...
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