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There's absolutely 0 innovation in creating new hardware for Bitcoin mining: the only thing that stop us from having it is the economies of scale. Please stop mistaking one for another.
I think bias is making you more unfair than you need to be.
Nice history of money printing machines. Very nice and very easy FPGA application back then, just 2 sha256 pipes. Is there something worth pursuing nowadays for FPGAs? Machine learning?
Nice history of money printing machines. Very nice and very easy FPGA application back then, just 2 sha256 pipes. Is there something worth pursuing nowadays for FPGAs? Machine learning?
Now if you look at consumer electronics you obviously won't find many FPGAs. Too expensive, too power hungry, too costly and at large scales ASICs are a better match.
Earlier quoted context omitted.
There's absolutely 0 innovation in creating new hardware for Bitcoin mining: the only thing that stop us from having it is the economies of scale. Please stop mistaking one for another.
I think bias is making you more unfair than you need to be.
Designing a bitcoin mining IP is not exactly difficult, it's basically two rounds of SHA-256. It's still some work of course, but as far as ASICs are concerned it's very low on the difficulty scale.
Earlier quoted context omitted.
I think bias is making you more unfair than you need to be.
You could support that by pointing out what you feel the actual innovations involved in Bitcoin hardware are.
Nice history of money printing machines. Very nice and very easy FPGA application back then, just 2 sha256 pipes. Is there something worth pursuing nowadays for FPGAs? Machine learning?
FPGAs are worth it for anything that's too fast for software and is too niche for an ASIC. In my experience they are very popular for "pro tools" which are too specialized and don't have a large enough volume to justify creating an ASIC and are so expensive that the price of the BoM is not really a concern. For instance I work on products that do a lot of video processing on FPGAs (way too high bandwidth for software…
Earlier quoted context omitted.
You could support that by pointing out what you feel the actual innovations involved in Bitcoin hardware are.
Faith routing, amongst those who are underserved or disenchanted with incumbent faith routing providers.
https://www.google.com/search?q="faith+routing"+bitcoin
https://www.google.com/search?q="faith+routing"+cryptocurren...
Nice history of money printing machines. Very nice and very easy FPGA application back then, just 2 sha256 pipes. Is there something worth pursuing nowadays for FPGAs? Machine learning?
Michael Bedford Taylor misrepresents the most important aspect of these "ASIC clouds" and the bitcoin algorithm; the puzzle of the algorithm is incredibly simple. Every implementation of a Bitcoin miner simply generates a bunch of random guesses to the hash equation. On page 60, graph (a) Professor Taylor uses distorted manipulative log charts for finance. The chart on page 61 is the most insanely manipulative chart…