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Is ASIC microchip development still making strides?

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cryptoMatic

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Early in 2014 all I remember is hearing how one company or another was pumping out fast and more efficient ASIC mining chips. Then with all the shipment delays and customers receiving bad hardware coupled with the skyrocket in mining difficulty I haven't heard much since. Do you think it's at the point where a mining company startup can't afford to develop a faster chip than what's available now? Or just less incentive since the price has been declining for the past year?

Posted on January 16, 2015 at 7:08 PM

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• HODL

  

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  @cryptomatic Early in 2014 all I remember is hearing how one company or another was pumping out fast and more efficient ASIC mining chips. Then with all the shipment delays and customers receiving bad hardware coupled with the skyrocket in mining difficulty I haven't heard much since. Do you think it's at the point where a mining company startup can't afford to develop a faster chip than what's available now? Or just less incentive since the price has been declining for the past year?

  Well, weren't ASICs pretty new at the start of last year? If that's true then most development since then was probably low hanging fruit, making incentive to push out new chips higher since it was comparatively easy to improve on earlier chips.

  I have no knowledge of chip development but if further progress requires a larger larger operation and more research and development, then perhaps that could be the reason.

  Posted on January 16, 2015 at 7:15 PM
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• Rassmus74

  

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  It's an evil circle that goes round and round. Better Asics rise of difficulty, better ASICs rise of difficulty....and on and on it goes......so no one can profit from mining if you are not the developer. I think they are the winners.

  Posted on January 17, 2015 at 4:32 AM
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• irnhnve

  

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  @rassmus74 It's an evil circle that goes round and round. Better Asics rise of difficulty, better ASICs rise of difficulty....and on and on it goes......so no one can profit from mining if you are not the developer. I think they are the winners.

  When Ethereum announces their official mining algorithm I think we'll see a repeat of the competition to develop an ASIC for it. Even though they're trying to make it ASIC resistant there isn't a way to completely eliminate the develop a specialized mining chip.

  Posted on January 17, 2015 at 9:31 AM
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