"Application-Specific Integrated Circuit" - An integrated circuit (chip) specifically designed for one task only. Similar to FPGAs, ASICs may be the low-power-consumption future of Bitcoin mining. As with FPGAs they are very power efficient but carry a comparatively higher up-front cost.

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Is the fastest Bitcoin ASIC miner available today still profitable after block halving?

As the title says, I was wondering if the fastest Bitcoin ASIC miner will be profitable after block halving?
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76 views

Why are there different mining hardware for different hashing algorithms?

I have a question about mining hardware and hashing algorithms. Why are there different types of mining hardware for different hashing algorithms? Why can't we use an Antminer ASIC for Ethereum or ...
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2answers
747 views

Why do leading ASICs manufacturers sell their chips? [duplicate]

I understand that some people have access to cheaper electricity than others. However why not just open mining facilities in the parts of the world offering the lowest cost structure? If that is not ...
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1answer
295 views

What can be done with old (unprofitable) ASICs? [duplicate]

GPUs used for bitcoin mining have many other purposes and can generally be sold after they are no longer mining enough Bitcoin to meet variable (electricity, etc) costs. What uses do old ASICs have ...
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109 views

raspberry pi bitcoin mining, NOT USB, running external Graphics cards or Blade miners?

so there is alot of information on the web for running USB bitcoin mines with raspberry pi & powered USB hubs. BUT USB miners are expensive! asic blade cards, like used in antminers/dragons or ...
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1answer
107 views

What makes a Bitcoin Miner chip such as an Antminer different than a usual CPU?

Is it the processor? Or maybe RAM? I'm sure, it's not the GPU though. Which and what part does it make them powerful to mine?
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480 views

How does AsicBoost work?

The AsicBoost paper by Timo Hanke and Sergio Demian Lerner describes a way of increasing ASIC performance by 20%. It's a bit sparse on the details, though. What are they optimizing?
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40 views

Problem setting Bitmain Asic S3+ , can't login into miner

I purchased a S3+ recently and have lot of trouble setting it up. I hope the power supply is fine(BULLDOZER 500W). When the miner is in ON state, it shows both green and red light but i can't connect ...
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1answer
92 views

Butterfly Labs ASIC for rendering in 3dsmax [duplicate]

Sorry if my question could be silly, but is there any option to perform 3d rendering on my Butterfly Labs ASICS? As for now, I don't see any reason to farm bitcons on my 5Ghash ASICs, so I came up to ...
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1answer
81 views

PSU for Bitmain Asic miner

I have a S3+ ASIC miner and 500w PSU My question is that what do I need to convert a 4+4 PCI-E into a 6+2 PCI-E or two 6+2 PCI-E. Thanks in advance
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4answers
560 views

How is mining profitable if a $10.000 ASIC will generate like $63.23 per month?

This $10k ASIC miner has 1TH/s and by this hashing calculator (I know they're not THAT precise but...) it'll generate like $63.23 per month? Why would anyone invest in this?
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10k views

Is 2016 a good time to buy an ASIC miner? [closed]

At first, I should add I am not looking at mining for income. I just want to do it for fun but I don't want to waste money either. In spite of difficulty increases there are a lot of people and ...
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48 views

cgminer: how to read the ASIC temperture

I don't mind buying an IR thermometer but it there a way to read the temperature of the ASIC from the command line? I am using cgminer.
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115 views

Using BM1380(or other) Mining Chips

I have an old AntMiner S1 sitting in my closest, which uses the AntMiner BM1380 mining chip. I have the data sheet for the chip, found here. https://bitmaintech.com/files/download/...
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2answers
124 views

What portion of the mining process does an ASIC perform?

If ASICs were described as a black box, what would their inputs be? Obviously, the actual hashing, the churning of the SHA-256 function is performed by the ASIC. Also, they must of course be able to ...
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2answers
185 views

What if any proposed blockchain enhancements that require hard forks would require new ASIC hardware?

From what little I know about ASIC they are not flexible with regard to the tasks that they can execute. Some of the proposals for scaling bitcoin up require hard forks in the blockchain. I read about ...
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1answer
87 views

ASIC and FPGA feasibility as GPU

I've done a minor amount of research into the topic of bitcoin mining using ASICs and FPGAs, and I've started wondering: Could these be used as GPUs (possibly specialized to a subset of what modern ...
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0answers
135 views

Antminer S5 Chain 2 stops after a few hours

I recently purchased an Antminer S5 on eBay that came with a Corsair GS 800 power supply. I set the miner up, connected it to a pool, and it seemed like it was working fine. After about 15 minutes I ...
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1answer
504 views

Estimated profit of a $400 21's RaspberryPi-ASIC computer? [duplicate]

So I'm thinking of buying one of the newly-announced $400 USD 21's RaspberryPi-ASIC computer. How can I know the hashrate of its ASIC? How could I calculate the BTC profits I would get from it, per ...
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1answer
70 views

Would it be profitable to manufacture and sell my new mining hardware? [closed]

I am bit new with bitcoin. I run a electronics/software company in China and Australia. I would like to create new bitcoin mining hardware. The specs are as follows: The miner is PCI-E installed, ...
12
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1answer
6k views

In the ASIC-age, is it worth starting mining Bitcoin at home?

I have recently learned about Bitcoin and would like to get rich quickly into mining. I have control of a laptop library full of ancient computers powerful gaming PC cluster of GPUs an old ASIC, ...
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0answers
53 views

Need to increase mining operation power handling

What hardware do you need to increase mining operation power handling distribution for capabilities of handling the voltage/wattage? Any information about this topic is appreciated, thank you.
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1answer
139 views

When did the ASIC mining era begin?

I am trying to figure out when the ASIC mining era began. A Bitcoin magazine article from January 23rd 2013 announces the imminent arrival of the first batch of Avalon miners in early February. Is ...
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1answer
170 views

What is the difference between Gridseed ASIC and Scrypt ASIC

If you mine in wemineltc pool you have probably noticed that there are two different stratum server for ASIC miners here are the urls So my question is that what is the difference between an ...
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1answer
155 views

Using a Bitcoin or Litecoin miner for attacking PBKDF2 / SHA-256 [duplicate]

I'm wondering if it would be possible to utilize a Bitcoin or Litecoin miner to attack, say, a password database that uses PKBDF2 with HMAC / SHA-256. PBKDF2 uses multiple iterations of a PRF - ...
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1answer
169 views

How do USB ASIC Miners Work?

How do the USB ASIC miners work? Do you just plug them into a power source and they start mining? Do you have to set them up for a first time? Do you need to use a mining program still?
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116 views

My miner doesnt show up on network but running?

I have an S3+ and yesterday it stopped showing up on my IP scan and connecting to my pool. It still runs the fan (very low speed though) and shows the lights for a network connection, so does my modem....
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1answer
285 views

Can I upgrade the software on Cointerra TerraMiner IV?

I got in to bitcoin mining about a year ago by purchasing a used Cointerra TerraMiner IV. The price of bitcoin was higher than the electricity cost to run the machine. I don't know a lot about the ...
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1answer
3k views

How to setup bitcoind 10.2 for solo mining on LAN with Bitmain S3

Hy there, i do not exactly know if i am right with my setup, so please be patient with my questions as a noob. I have a Bitmain S3 with latest Firmware on the ASIC, and i do not exactly know how to ...
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2k views

How to connect to antpool

So I'm using an antminer s3. I have been on btc guild for about a week. Today they announce they are closing. So I looked around and figured I would join antpool. The problem is when I changed all ...
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1answer
202 views

Zeusminer not being recognized with BFGminer

I'm trying to run bfgminer on a Raspberry Pi but the zeusminer is not being recognized. When I run the command: sudo bfgminer-5.1.0/bfgminer -S zeusminer:all -d? -D I get: [2015-05-31 19:47:42] ...
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2answers
628 views

Open source ASIC design plans in Hardware Description Language (HDL) format?

Are there any freely-available ("open source") ASIC design plans in, e.g., HDL or AHDL format(s)?
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1answer
244 views

Is there a reliable and accurate profitability calculator?

I've looked at the various profitably calculator sites and honestly I'm not sure how up to date they are. They don't seem very accurate. Is there one that's better than the others?
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2answers
1k views

Can I build a mining ASIC from parts I find online?

I've noticed that there are all kinds of cards, blades, and other parts of ASIC mining rigs for sale on eBay. Is it possible I could buy some cards and blades and build my own high end mining ASIC ...
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1answer
994 views

Where can I find a full list of all Bitcoin mining hardware ever used?

I want to know where I can find a full list of Bitcoin mining hardware. I don't want a list of the most profitable hardware, I just want a list with the greatest number of Bitcoin miners (don't care ...
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1answer
388 views

Gridseed USB ASIC Won't Mine Bitcoins

Okay so I have done my research, I have practically tried everything. It just frustrates me because mining LTC was a piece of cake but I can't seem to figure out how to mine bitcoins which this device ...
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1answer
213 views

What is the benchmark that mining ASICs are measured with to determine the hash rates?

When a mining ASIC claims to run at 1 MH/s or 10/MH/s or even 1000 GH/s, at what difficulty and with what algorithm is that measured against?
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1answer
679 views

Non-Bitcoin Uses for Old ASIC Miners? [duplicate]

Can I use an old ASIC Bitcoin miner for other applications? For example, quickly reindexing the blockchain on my computer? Or quickly hashing every file on my hard-drive? (I really wonder if the hard-...
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1answer
344 views

What is the difference in speed between a GPU and an ASIC per dollar of cost?

I realize it depends on the ASIC as well as GPU.. Just want an estimate for some calculations I'm doing. Talking about Bitcoin mining, not an altcoin. Thanks!
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166 views

ASIC resistant PoW mechanism that generates new hash functions. How does that work?

From Vitalik Buterin's post regarding "On Mining", he mentions: The second approach is somewhat different: create a mechanism for generating new hash functions, and make the space of functions ...
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240 views

Zeusminer Blizzards no longer working with bfgminer 5.0.0

I was mining off a raspberry pi with some zeus blizzards, I've had to format the SD because it got corrupted and so I took the chance to install the latest bfgminer. the raspberry is running raspbian ...
3
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1answer
227 views

What could be the reason for one loop being significantly more power hungry on an SP20?

One of the loops on my Spondoolies SP20 is misbehaving. I underclocked everything but this loop (number 4) does not seem to care what settings I make. It seems to be running at twice the speed (and ...
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2answers
152 views

Are Bitcoin ASICs Optimized for Fixed Length Messages?

Bitcoin block headers are 80 bytes. int32_t nVersion; // 4 bytes uint256 hashPrevBlock; // 32 bytes uint256 hashMerkleRoot; // 32 bytes uint32_t nTime; // 4 bytes uint32_t nBits; ...
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1answer
104 views

When ASICs generate a share, is it always at difficulty 1?

Are they preset to only return difficulty 1 shares when the find a nonce? Then mining software verifies if it meets current target difficulty? Or, if given a different target difficulty, will the ...
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2answers
445 views

How to connect to Terraminer via USB?

Does anybody know how exactly to connect to Terraminer machine via USB?
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2answers
95 views

What sort of tasks can an ASIC be developed to do?

I know requiring a lot of memory is one thing that makes an algorithm ASIC resist. Are there any others? Could an ASIC be developed to do Elliptic Curve Crypto? Like adding two points, or signing a ...
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259 views

Reusability of ASIC miners

I'm looking into the re-use of ASIC miners to perform other mathematical tasks; for example, the sum of a prime and a random number producing a massive (arbitrarily long) integral value i.e. sum(...
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2answers
612 views

Is it possible to convert Bitcoin Miner to Litecoin Miner?

I have 90Gh/s Bitcoin Miner and its almost useless for Bitcoin Mining with current difficulty. By changing the Linux software installed in it can I convert this Bitcoin Miner to Litecoin Miner? I am ...
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1answer
384 views

Which bitcoin miner ASIC can use without leave power on computer?

after search and read a lot of bitcoin miner posts in the web, yet I have one doubt before buy bitcoin hardware... I have read about ASIC Hardware of ButterFly Labs, Avalon, Knc, USB Erupter and ...
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2answers
1k views

What does it mean for a cryptocurrency to be ASIC-resistant?

I guess the question I'm asking here is what does it take for an altcoin to be ASIC-resistant? What does it need to have?