Can GPU miners survive "The Entity" ?

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  • เผยแพร่เมื่อ 24 ธ.ค. 2024

ความคิดเห็น • 58

  • @dominiquevanwyk518
    @dominiquevanwyk518 3 หลายเดือนก่อน +12

    Just realised if the entity releases an asic tier miner that is reprogrammable to different algos then that will murder the gpu spec mining scene

    • @LeeFall
      @LeeFall 3 หลายเดือนก่อน

      You mean an FPGA...

  • @sadiesometimes1141
    @sadiesometimes1141 3 หลายเดือนก่อน +4

    Watched twice!🙂👍👍

    • @MineSum10
      @MineSum10  3 หลายเดือนก่อน +2

      😆 A video so nice it's worth watching twice. Missed some edits on the first go round.

  • @shakester2010
    @shakester2010 3 หลายเดือนก่อน +6

    Red Panda must be the Entity. ;)

  • @KeepUp101-j1y
    @KeepUp101-j1y 3 หลายเดือนก่อน +3

    Most likely a massive data center with the latest hardware. Nvidia DGX or HGX?

    • @MineSum10
      @MineSum10  3 หลายเดือนก่อน +1

      Could be, even if it isn't, that is something we could face in the future.

  • @blackmennewstyle
    @blackmennewstyle 3 หลายเดือนก่อน

    Nice video as always,
    Some of the KAS forks are currently working on algo change: `KLS` & `HTN` are the two first as far as i know.
    That video from SOAT is giving probably too much positive portrait of RISC-V architecture, i don't think it has matured enough yet in order to be a such threat but i could be wrong.

  • @offshoreminer
    @offshoreminer 3 หลายเดือนก่อน

    Also interesting, the kaspa hashrate drops seem to match the energy curtailment that is happening at icerivers texas hosting location over the past few days. Thanks for the top notch content!

    • @MineSum10
      @MineSum10  3 หลายเดือนก่อน

      Definitely something I need to look further into.

    • @salone1605
      @salone1605 3 หลายเดือนก่อน

      ​@@MineSum10 Check into a pool called the Factory pool. It has 4 btc wallets and is owned by the .gov.
      Its a great deep dive. They own a very large AI farm If that tells you anything.

    • @cgooch_
      @cgooch_ 3 หลายเดือนก่อน

      @@MineSum10 I've got some hosted equipment there and the company is roasting the miners. Constant shutdowns, power offs, and overall bad performance. The chat on (some) Telegram channels indicate a lot of miners are relocating their components. Overall by the looks of it, it's a cheap operation with poorly planned airflow, air filtration, and a lack of supplementary cooling. Doesn't help that Iceriver went cheap on thermal interface material.

  • @nakulkundra5779
    @nakulkundra5779 3 หลายเดือนก่อน +1

    Centralisation happening everywhere, even monero got impacted, hasn't launched its ASIC resistant fork.

  • @jurgenbosman2032
    @jurgenbosman2032 3 หลายเดือนก่อน

    The massive Kaspa drop of in hashrate was due to power grid shutdown to excessive heat which caused IceRiver hosting to be turned off temporarely. RPM talks about this in one of his latest videos as he got an email notification from Iceriver about his hosted devices.

  • @Alias-AngelusNET
    @Alias-AngelusNET 3 หลายเดือนก่อน +1

    Well you forget to talk about Xelis, it was concerned by the entity too for the last few days and had 35% of th total hashrate.

  • @impv1se
    @impv1se 3 หลายเดือนก่อน +1

    wonder if its some government

  • @alvydasjokubauskas2587
    @alvydasjokubauskas2587 3 หลายเดือนก่อน +2

    entity looks like more and more an asic factory... They build their rigs for themselves and mine for profit.

  • @jgreat4785
    @jgreat4785 3 หลายเดือนก่อน

    I turned off my rigs at the beginning of June. Taking the summer off because of heat, and using the money I'd pay for power to invest in other business stuff. But I'm still tracking things. If I turn on any rigs, it will be my AMD rig, because that is still profitable....by pennies though

  • @Royorg-qf5jq
    @Royorg-qf5jq 3 หลายเดือนก่อน

    So a fork will just give 2 blockchains for the entity to attack and also coins on both forks

  • @MozzyMe
    @MozzyMe 3 หลายเดือนก่อน

    My thought is there are datacenters that normally lease Nvidia GPUs for AI to work around China import restrictions. Due to publicity they are struggling to stay loaded and hitting these coins as a secondary revenue stream.

  • @IsraelSocial
    @IsraelSocial 3 หลายเดือนก่อน +2

    Don't hold those coins, guys, that entity is going to sink the price so bad, for me, dynex is a good option and kawpow algorithms, and if is a vpu can handle like that is bitcoin on risk?

  • @timl2665
    @timl2665 3 หลายเดือนก่อน +2

    And The Entity is back on Radiant as of today. 😂

    • @blackmennewstyle
      @blackmennewstyle 3 หลายเดือนก่อน

      Because Pyrin scam chain is down again 🤡

  • @gucci_falc
    @gucci_falc 3 หลายเดือนก่อน

    the entity is so fking spooky ooOOooOOoo

  • @izkacin
    @izkacin 3 หลายเดือนก่อน

    There is CN-GPU which for instance Conceal is using. But nobody listens, its good. ASIC and FPGA resistant and not so power hungry as ProgPow

  • @kingjester2382
    @kingjester2382 3 หลายเดือนก่อน

    I’ve heard some rumors going around that the entity may have a bunch of reprogrammable ASICS like the old Baikal miners. Can’t know for sure but seems like a possibility considering they would knock themselves out of profitability with GPUs and FPGAs with how much hashrate they have

  • @dabingxiaobai
    @dabingxiaobai 3 หลายเดือนก่อน

    Has the ogre exchange run away? Why can't Kaspa trade? thank you

    • @MineSum10
      @MineSum10  3 หลายเดือนก่อน

      Kaspa has been locked for over a year. I'm seeing some able to withdraw but I still haven't been able to remove any

    • @dabingxiaobai
      @dabingxiaobai 3 หลายเดือนก่อน

      @@MineSum10 Why can't I sell it? I only found out yesterday that I can't sell it

    • @WISCOFISHINGANDOUTDOORS
      @WISCOFISHINGANDOUTDOORS 3 หลายเดือนก่อน

      i was able to send mine for the first time in about 2 years...lol. youre talking about tradeogre right? go check again, i go tmine off thank god

    • @troyhenman6904
      @troyhenman6904 3 หลายเดือนก่อน

      It was off of maintenance finally the other day and finally got my kaspa off of there

  • @timl2665
    @timl2665 3 หลายเดือนก่อน +2

    Son of a Tech got duped by The Entity. Feel bad for him. Hopefully he sold is Radiant for profit.

  • @Crypto_Junkyard_Miner
    @Crypto_Junkyard_Miner 3 หลายเดือนก่อน

    Entity would do something I would do. Whoever it is just doing the same thing as the major farms

  • @BlackRoseCrypto
    @BlackRoseCrypto 3 หลายเดือนก่อน +1

    I don’t see a problem with kawpow actually I think the problem is the support of any fpga coins if anyone does your killing gpu mining great job

  • @stevenwhiting2452
    @stevenwhiting2452 3 หลายเดือนก่อน

    the entity is probably the same fpga farm killing chia, they're chinese and unable to import more fpga boards IF they're that particular group. They claim that they've developed very efficient and big memory bandwidth fpga tech.

  • @DylanDValentine
    @DylanDValentine 3 หลายเดือนก่อน +1

    reupload?

    • @MineSum10
      @MineSum10  3 หลายเดือนก่อน

      yeah, first upload had some edits at the end I forgot to remove 😄

  • @kevinwillems2330
    @kevinwillems2330 3 หลายเดือนก่อน +1

    GPU , DYNEX , LOW ENERGY and GPU only

    • @tugrulserhat
      @tugrulserhat 3 หลายเดือนก่อน

      is dynex memory intensive tho ?

    • @impv1se
      @impv1se 3 หลายเดือนก่อน +2

      @@tugrulserhat its all mem pretty much

    • @kevinwillems2330
      @kevinwillems2330 3 หลายเดือนก่อน

      The answer against fpga , Asics and the entity...

  • @GPTLeader
    @GPTLeader 3 หลายเดือนก่อน

    Rip GPU Mining

  • @dominiquevanwyk518
    @dominiquevanwyk518 3 หลายเดือนก่อน

    its like the entity has come like a plague to wipe out all the shitcoins and clones before the bullrun
    best to stick to coins that are more solid and has asics available to the public like kaspa and alephium

  • @kazumax8027
    @kazumax8027 3 หลายเดือนก่อน

    bro that is all Rented hashrate form minig farms that are unprofitable

  • @darredv
    @darredv 3 หลายเดือนก่อน

    Sounds like a risc farm, why nobody is taking this in consideration?

  • @LeeFall
    @LeeFall 3 หลายเดือนก่อน

    100% Bitmain

  • @Low-fi360
    @Low-fi360 3 หลายเดือนก่อน

    The "entity" is going to wait. Until the time comes when people are willing to purchase GPU over 1k. Then sell their old stuff and mine with the 2nd generation. Then rense and repeat for the 3rd and 4th generation.

    • @MineSum10
      @MineSum10  3 หลายเดือนก่อน

      Would be a solid plan if that were the case.

    • @Low-fi360
      @Low-fi360 3 หลายเดือนก่อน

      @@MineSum10 What do you think is happening? I think the entity is a manufacturer that has those vcu that SOAT talked about.

  • @SalmanSaleem1985
    @SalmanSaleem1985 3 หลายเดือนก่อน

    sounds like a botnet

  • @skale5933
    @skale5933 3 หลายเดือนก่อน

    Gpus are getting slaughtered left and right and its sad that most coins either launch on kawpow which destroys gpus with the heat/power or they launch in non asic resistant algo, as a gpu miner i feel cornered lol cant pretty much do anything but kawpow the rest are non profitable and while doing kawpow im prying my cards dont burn 😂

  • @MaraMartins-ug7ne
    @MaraMartins-ug7ne 3 หลายเดือนก่อน

    I just hope that The Entity isn't a exploit over the rent system for GPUs when we out then to A.I. training, etc... If so that isn't good for all miners. VPUs are far from been any good for crypto mining. Even if someone did code a Miner for a VPU that would be still far from a ASIC or GPU by watt per hash.