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.
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 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.
@@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.
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.
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
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.
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?
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
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.
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
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.
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 😂
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.
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
You mean an FPGA...
Watched twice!🙂👍👍
😆 A video so nice it's worth watching twice. Missed some edits on the first go round.
Red Panda must be the Entity. ;)
Most likely a massive data center with the latest hardware. Nvidia DGX or HGX?
Could be, even if it isn't, that is something we could face in the future.
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.
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!
Definitely something I need to look further into.
@@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.
@@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.
Centralisation happening everywhere, even monero got impacted, hasn't launched its ASIC resistant fork.
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.
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.
wonder if its some government
entity looks like more and more an asic factory... They build their rigs for themselves and mine for profit.
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
So a fork will just give 2 blockchains for the entity to attack and also coins on both forks
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.
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?
And The Entity is back on Radiant as of today. 😂
Because Pyrin scam chain is down again 🤡
the entity is so fking spooky ooOOooOOoo
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
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
Has the ogre exchange run away? Why can't Kaspa trade? thank you
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
@@MineSum10 Why can't I sell it? I only found out yesterday that I can't sell it
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
It was off of maintenance finally the other day and finally got my kaspa off of there
Son of a Tech got duped by The Entity. Feel bad for him. Hopefully he sold is Radiant for profit.
Entity would do something I would do. Whoever it is just doing the same thing as the major farms
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
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.
reupload?
yeah, first upload had some edits at the end I forgot to remove 😄
GPU , DYNEX , LOW ENERGY and GPU only
is dynex memory intensive tho ?
@@tugrulserhat its all mem pretty much
The answer against fpga , Asics and the entity...
Rip GPU Mining
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
bro that is all Rented hashrate form minig farms that are unprofitable
Sounds like a risc farm, why nobody is taking this in consideration?
100% Bitmain
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.
Would be a solid plan if that were the case.
@@MineSum10 What do you think is happening? I think the entity is a manufacturer that has those vcu that SOAT talked about.
sounds like a botnet
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 😂
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.