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by gruez 1962 days ago
> It is cheaper to buy an off the shelf GPU than it is to buy an ASIC.

Ahh I guess all the people making/buying ETH mining ASICs must be out of their minds then? First result I found: https://www.coindesk.com/linzhi-rollout-long-awaited-ethereu...

1 comments

You know how much that costs? I specifically mentioned ROI.

If you did the research into that one, it also only has 4.4gigs of ram. It will also slow down (aka: zombie mode) starting early November 2021 once the DAG gets large enough.

https://minerstat.com/dag-size-calculator

It takes about an hour of running it, just to start mining because the DAG generation takes so long.

By the way, Linzhi only sells to large customers because they've taken so long to produce this thing (years now) that they don't have enough money to front the production run.

They are also a super sketchy company. You should have seen the stuff they pulled during the ProgPoW debate.

Disclosure: I'm a very very large GPU miner and I'm deeply involved in this business.