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ASIC Miners will KILL GPU Mining - VoskCoin April 2018 Mining Farm Update

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ASIC miners and the monopoly that is Bitmain will kill GPU mining at this current rate. Ethereum dev's do not plan to fork because of the Bitmain Antminer E3 Eth ASIC Miner and Zooko has expressed little interest in being prepared for forking equihash if there is a public asic miner released. At this current rate all reputable projects that boast decentralized mining should be planning regulay algorithm changes. Ethereum Devs will not FORK ETH ASICs - https://goo.gl/Sr7iHx ETH Core Devs Livestream (discuss ASIC) - https://goo.gl/3cQnZZ Zooko / Zcash uninterested in fighting ASICs - https://goo.gl/AstWJj Bitcointalk Thread referenced + Zen Stream - https://goo.gl/sJAdsn Siacoin devs promote ASIC Miners - https://goo.gl/RXU8Sh Monero Hardfork spawns Original + Classic - https://goo.gl/5NTAkh Graphics Cards IN STOCK on Amazon - http://geni.us/nti5asr Mining Rig Parts IN STOCK on Amazon - http://geni.us/WQd7cCs VoskCoin Patreon - https://www.patreon.com/VoskCoin VoskCoin Steemit - https://steemit.com/@voskcoin VoskCoin Facebook - https://www.facebook.com/VoskCoin/ VoskCoin Reddit - https://www.reddit.com/r/voskcoin/ VoskCoin Discord Server Invite - https://discord.gg/FGGmS2z VoskCoin Twitter - https://twitter.com/VoskCoin VoskCoin Instagram - https://www.instagram.com/voskcoin/ VoskCoin Decentralized Tube - http://bit.ly/VoskCoindTube VoskCoin Official Donation Addresses, support appreciated! BTC - 12PsgKuhcJrEqJbD3oMN7rcEcuyqyqRznL ETH - 0xDEe6A2ae293F8C58Ef71649658344BbF382b6e70 ZEC - t1WRoxHVh8vhDJxAr6vpP4zzj3xHGF9ZbgQ ZEN - znb1iNFP6VctF2AhXLXtMsSjP7emvYDmeXR VTC - VdeggL7drzbYeB2eedDeDYe9xPwtPXW8KG Doge - DHgX7vJjBsmYcB1GgubGtu3TVJkqQgCG6B XMR - 484HoyS4h2fenvLKQkuUV7FwnJaGK8LMX43tiJ3UZdVU53d2MxFiQ1jbSfyorsXZVs1SvoPVh4nipjd7b4GVgFGmCgygdpV We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to http://Amazon.com and affiliated sites.
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Text Comments (535)
VoskCoin (2 months ago)
Ethereum Devs will not FORK ETH ASICs - https://goo.gl/Sr7iHx ETH Core Devs Livestream (discuss ASIC) - https://goo.gl/3cQnZZ *VoskCoin Patreon* - https://www.patreon.com/VoskCoin Graphics Cards IN STOCK on Amazon - http://geni.us/nti5asr
Roy Richard (2 months ago)
Try offering some trio rigs to your subscriber. Re-build as they are requested.
Gregg Bell (2 months ago)
I’d be surprised if they didn’t have a better asic waiting in the wings, it doesn’t seem like the devs are taking it seriously, seems like bitmain got smart and sneaky trying to fly under the radar
solarisdreams (2 months ago)
clinton carr there is a correlation between the amount of hash power and the amount of capital spent on the gear within a coin's ecosystem vs the price of said coin. It's not 100% directly related or calculable yet, but it has to do with trading volume, interest, use and difficulty/scarcity that occurs thru mining and more importantly, mining growth. JMHO.
clinton carr (2 months ago)
Sadly pirl has abandoned Asic resistant also. I will vote with my hashing power and also my trading power. Death to centralization!
solarisdreams (2 months ago)
If it matters to you, the E3 is 1800usd power unit now.
Mikel Price (18 days ago)
nice vid a bit of a downer on mining though seeing I JUST got my first rig done and setup and going. Grrrrr. But when one coin fails lets find others that can still be mined.
gamepilation (23 days ago)
having watched quite some videos , i have to say - " The Dog is Awesome " . The Dog is very peaceful. ( can't spell her name though . )
Scott Schenck (1 month ago)
I completely agree with you: "all reputable projects that boast decentralized crypto-currency [mining] should be planning regular algorithm changes". I think BitMain has already developed and is using ASICs with chips that can be flashed with the newest algorithms. On XMR.NanoPool .org the top miner has a hash rate of 4,527,810 H/s- that works out to 6,758 RX580's (based on the hash rates I'm getting). Really? I absolutely could be wrong, unless a pool can join another pool, but how could a person or company have that kind of rate without ASICs?
Nice Shot (1 month ago)
The good news is that there will always be something to mine.
Guerridan (1 month ago)
Burst coin? No ASICs possible there. Can you make a video on that?
gertjan van der meij (1 month ago)
ASIC RULES !
Arjun Vachhani (1 month ago)
why not ASICs? I mean i am about to start mining and i heard ASICs gives more profite than GPUs then why should not i buy ASICs?
swizz 209 (1 month ago)
Long live the wolf pack!!
Frederick Vesseur (1 month ago)
ASIC's drive up mining difficulty, profitable initially but then profitability drops as the difficulty rises. Eventually the coin will become centralized even for ASIC's as you'll need a datacentre full of them to compete with each other.
James Dack (1 month ago)
I'm so confused as to what to do... I want to have a go at gpu mining but should I? The roi at the minute is over a year, and as a newbie I don't know if its worth having a go at mining or not. Help would be great, thanks.
FELUNKADUNK (1 month ago)
time to update this video for the Z9 mini
Suppress0r Gun-N-Space (1 month ago)
Being new, and looking at my 1st rig, should I consider not getting into GPU mining?
PatronUA (1 month ago)
Hey man, I really hope u can reply.... I'm about to dip my toes into gpu mining and started to save up for my first rig. I plan to spend 1000 bucks or so . I just set up my 2 old laptops to cpu mine monero. I don't know as much as I need too, but I'm learning every day. My goal is to reach about 10-15 bucks per day. I don't want to waste money. Or should I just save up for asic miner instead?
Elishia Ratel (1 month ago)
I hope they fork GPUs
Rocky LeBlanc (1 month ago)
Aren't one of the reasons that they want asic for mining is because they are more efficient miners. Not to mention they are using dedicated hardware that doesn't kill the markets for so many other computing segments like memory and graphics cards. Even the manufacturers of the video cards are trying to stop miners from using their products by creating dedicated bundles to make sure the have a package that is not profitable for mining.
Tunnelrat6666 (1 month ago)
Cool looking Dog she is a gem.
Eric Stern (1 month ago)
You are right! Keep telling them the truth.
SouthWest Bitcoin (1 month ago)
Baikal is pronounced (BYCALL) not (bikill) : )
cramsa (2 months ago)
The original creators of cryto currency never intended for a monopoly, and ASIC has been totally monopolized and dominated by a few.... This is a FACT, and the numbers show it very clearly! This goes against EVERYTHING that was originally intended for cryoto currency adaption in the very first place, it's basically now a total sham... you might as well buy and hold GOLD AND SILVER and also mine crypto coins like Monero7 (the fork) and other REAL CRYPTO COINS that have the REAL SPIRIT of the crypto community at heart.... rather than supporting some greedy pigs who sold out their ethics. We need to put a face to all these FAKERS out there pushing this unethical scheme, central banks, central crypto, all the fucking same in the end and it makes me sick... Satoshi Nakamoto would have been sick to see this too. Greedy fucks.
Jason Nonya (2 months ago)
Yes, pls. Everyone take your GPU rigs offline. GPU mining is useless 😂
Bounty Crypto (2 months ago)
Liked, Subbd, Turned notifications ON.
Bounty Crypto (2 months ago)
Happier to have you. I follow with 2 accs. Your info was crucial in building 2 rigs. So, what - ASIC vs GPU showdown on horizon. When do memes start?
VoskCoin (2 months ago)
haha happy to have you :D
Bounty Crypto (2 months ago)
GREAT VIDEO!!! Crypto space will survive because of channels like this on DTube.
Carlos Salinas (2 months ago)
fuck shitmain fuck beavis puterin and fuck shithereum im going to monero v7
Crypto Conversations (2 months ago)
Learnt a lot
zam zam (2 months ago)
:star: :star: :star: :star: :star: ITIS.NETWORK Starting 15 April POW+MN+POS Bounty + Airdrops Don't miss it https://discord.gg/A8Sq9au
Alex Reyes (2 months ago)
Your advice has carried me along way and saved me alot of headache thank you for being there for your followers and im very happy tails is almost back to 100% GOD BLESS
raxmouse (2 months ago)
i don't agree 100% though i liked your content but a blockchain that has the most options for mining- i think r the most decentralized. However, i get your points.
Joshua Molina (2 months ago)
Snowgem wallet s1bg3osyFyS54nqqp7czs27THFFs5RjVTxK
Havicc Brine (2 months ago)
Good... I want a GPU for gaming... screw this mining..
Chaotic Miner (2 months ago)
Great news for Tails! Thanks for the awesome content as always
brotaque (2 months ago)
You may take a look at crds.co - Credits coin. Its using argon2d asic resistant algo and the best part, imho, is that it is a coin driven by the community, not some fancy schmancy ICOs. There is a small community, but the people behind it are passionate. Worth take a look.
Dude looks so much like Jake from 2 and a half men
Ben Jamin' (2 months ago)
Wolf Gang
Topias Salakka (2 months ago)
Good. Leave GPUs for gamers and content creators.
Michael Patterson (2 months ago)
good vid
El Nino NMG (2 months ago)
I'm just a wolf man!!! Haha yes
Adam Nemeth (2 months ago)
so afterall centralization killed crypto. how fucking surprising.
Viet Ha (2 months ago)
Yo vosk, can you go over how to mine the new Monero fork on SMOS and why it's actually profitable now for AMD cards. I can't get it to work!!!
Dee MVee (2 months ago)
I wouldnt worry Vosk, E3 will garner 3 bux a day by todays standards. These things hit in mid late July. I can mine a dozen other asic restant algos that are as prifitable.Definitely feel for the Eth Mining community. Keep it up love the vids man, great insight and foresight you got there.
mike leonard (2 months ago)
No sheep here!!!!
Elliot Greensmith (2 months ago)
What if any are your'e thoughts on the Vertcoin project. ASIC resistant and the community seems to be really friendly. (a penny for your thoughts...? ) :)
Nasdaq trader (2 months ago)
VoskCoin, I've been on steroids for CIDP / Guillain Barre - to stop my immune system attacking my nerves. I was in a wheelchair and almost totally paralyzed for 8 months and spent 2 years in physiotherapy. It cost a fortune. But today I luckily can walk. Methylprednisolone / Solu-Medrol to be precise. It was an amazing experience that I was fortunate and happy to survive.
MuchFly Wow (2 months ago)
i'm really upset about Ether not forking but i think the reason is because of Serenity upcoming and the difficulty bomb. they're putting all of their work into making ether more scalable and think that scaling issues are more important than ASICs taking over. However i doubt the difficulty on ether will rise much because bitmain has definitely been mining with their ASICs on ether for months and a few thousand more ASICs joining the network won't raise the difficulty to make GPU rigs not profitable. Until of course the next ether ASIC comes out that is way more powerful than a rig. still, ether will go POS and everything will be obsolete. for now let's go MONERO!
Andrew Insignares (2 months ago)
Why not sell all the extra gpus for some asics? Hedge yourself
Crypto Goku (2 months ago)
ur not crasy bro. i paused the vid and twitted vitalic how we felt about the asic miners . lets just hope he enough of us get thru to him
Zak Dietzen (2 months ago)
Bitmain is cancer
Nathan Visser (2 months ago)
Hi Vosk! who was hosting that live stream?
MOAB DragonSoul (2 months ago)
I saw that post by Zooko too, think i got his attention https://gyazo.com/fed2025b195d4da0b65bd146a04dc965
SRCASTK (2 months ago)
Glad To Hear Tails Is Better!!! CryptoChick To Miss Vosk??? Is There Wedding & Kids Family Channel Next??? :-) Wish U All Well-I’m NOT A Miner
K Ƀ (2 months ago)
one of your best videos, keep talking about community events
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MTLWAKEUP (2 months ago)
Nvidia (NVDA) and Advanced Micro Devices (AMD) just got new competition in the crypto chip mining market and that has Wall Street investment firm Morgan Stanley worried. While Nvidia and AMD have been the go-to graphics chip makers for people looking to mine digital tokens or play video games, a high performing semiconductor made by Bitmain Technologies could take a piece of that business. Dubbed the Antminer E3 chip, its performance and price are giving Morgan Stanley analyst Joseph Moore pause. The chip made by Chinese based Bitmain Technologies is slated to start shipping in July, at a price of around $800. (See more: NVIDIA's Crypto-Mining Bonanza Is Ending: RBC.) "While this was largely anticipated, the capability is slightly higher than our expectations, with hash rate 7.5x graphics cards at $800 price, and about 5.7x the power consumption," wrote the analyst in a research report covered by Barron’s. “The superior economics is likely to drive down mining profits for graphics chips (which were already under pressure), and likely signal the end of the crypto graphics shortage by mid-year.” The analyst noted that AMD will likely be hurt more by this than Nvidia although both could see demand from miners decline.   The analyst, who has an overweight rating both on Nvidia and AMD, said the companies have other high-growth areas of the chip market to focus on. One of those is artificial intelligence where Nvidia has been able to race ahead of many of its peers. Rosenblatt Securities analyst Hans Mosesmann said this week that Nvidia's technological advances in that area are giving it a lock on AI. (See more: Nvidia to Have Lock on AI Market: Rosenblatt.) But Moore isn’t the only Wall Street analyst to express concern about Bitmain's mining chip. RBC Capital analyst Mitch Steves warned in a note to clients covered by Barron’s that the Antminer could lure Nvidia GPU chip buyers. He pointed out that the main buyers of Nvidia's graphics chips have for some time been people who are using them to mine cryptocurrency. The launch of the Antminer E3 comes at a time when the price of the leading cryptocurrencies has fallen from their meteoric rise in 2017. Still even with prices off their December highs, demand for graphics cards to mine for cryptocurrency has increased, resulting in chip shortages. That has prompted an uptick in both AMD and Nvidia stock. So far this year Nvidia is up more than 13%. AMD hasn’t fared so well, down more than 10% since the beginning of 2018.   Read more: Nvidia Crypto Rival Has Morgan Stanley Worried | Investopedia https://www.investopedia.com/news/nvidia-crypto-rival-has-morgan-stanley-worried/#ixzz5C7t9oMY3 Follow us: Investopedia on Facebook
neuspeed79 (2 months ago)
XRP is a terrible coin.. Don’t buy XRP!!
neuspeed79 (2 months ago)
The new monero miners cut down hash rate by 50% for my RX 580 =[
VOLTRON (2 months ago)
you lost your job for a dog? damn fool
Adrian A (2 months ago)
I kind of doubt you had tons of comments because you talked in negative way on ASICs .... obviously most ppl dont have ASICs .... From what I know its you that tried several of them :) . I also see a lot of likes here so... yea whats this about again ?
Vlad Birta (2 months ago)
how i can help!?
Vlad Birta (2 months ago)
what i can help!?
heydre1 (2 months ago)
Seems that Zcash is making a seemingly legit argument of decentralize vs loyalty argument when he says that gpu miners can coin hop BUT doesn't allowing miners to create nodes help minimize that argument?
Adalid Fuentes (2 months ago)
I’m glad mining is going down hill.fuck you pieces of shit
Nick Maurer (2 months ago)
VOSK... I'm planning my first build and want to build something for the long run. Hook up a fan with some great ideas please. 👍💯🚀
mortusdominus (2 months ago)
I'm not seeing AMD and Nvidia just leaving this alone. They made a killing off of GPU mining. If GPU mining dies and they feel that dip I think they're very likely to purpose build GPUs for mining, not trimmed down versions, real cards designed for it.
jeremea jhone (2 months ago)
ZCASH KING
Nasdaq trader (2 months ago)
Monero is now the most profitable coin to mine with a GPU by far on whattomine. The ASICS made up 85% of the network hashrate.
Dean Goranites (2 months ago)
@VoskCoin is there anyway for us to buy your cards your downsizing from? I’m looking to just get started mining and I’d love just one card to begin. I would trust buying used from you over most strangers!
VoskCoin (2 months ago)
Shoot me an email to [email protected] would be glad to help a sub!
AffordYourNuance (2 months ago)
Crypto is crazy, when i first heard about RVN from a dude I was selling some GPU's to I thought "poor guy, wasting his hashes on another shit coin". Now i'm over here like "Please save up Ravencoin".
Black Hand (2 months ago)
So should I buy ASIC instead of a GPU?
Black Hand (2 months ago)
The dog looks very sad, about this whole crypto situation. :D
fredocorleone (2 months ago)
The dog gets ashamed of you at 3:04.
Frederik van duuren (2 months ago)
Bro, i mine on my GPUs only ASIC resistant coins, never mined ETH ;)
vudu5vudu (2 months ago)
Keep it up Vosk. We are the wolves.
Rinaldo Vlahović (2 months ago)
ETH will probably go to POS this year anyway
Dave Charles (2 months ago)
Vosk I need some help, I have 2 700watt psu split miner, to power 6 red devil Radeon rx 570 but I have fried my power supplies even tho they should be more than capable, help please
LovingCryptoWizard (2 months ago)
thank you for the video(s) i just wish i wasn't so sloppy with my money (buying burgers and taking some crypto losses) 6months ago :'( i wish i could have 1-2 rigs to help out with the fight... and i'm looking into a cheap $700CAD mining rig right now awesome tails is getting back to regular health :)
ShadowFire287 (2 months ago)
Its competition get over it. Asics are available to everyone, buy one or stop complaining. Sincerely, those who you said to get over the gpu shortage.
cramsa (2 months ago)
Fucking retard... go down to micro center of frys if it's so "available" to everyone....
ShadowFire287 (2 months ago)
No offence to the video poster and thank you for the news. Also no offence to anyone who wasn't being a smug little jerk over the gpu shortage.
jonny boy (2 months ago)
samsung did strike a deal with bitmain lol https://www.bitsonline.com/samsung-deal-asic-chips-bitmain/
jonny boy (2 months ago)
no one was sure what was happening at first and then special interests took over q the centralization they said would not happen lol not really funny but what else can you do but laugh
Nasdaq trader (2 months ago)
What precisely happened there? Didn't they resist the ASICS?
jonny boy (2 months ago)
hard to say what the future holds but it was not fun watching btc and ltc being handed away a few years ago
Nasdaq trader (2 months ago)
That means Bitmain is going to take over ALL coins eventually because they mine too.
jonny boy (2 months ago)
asics just let big interests take over
Occlusion (2 months ago)
Got that .5 LTC to the moon
Olivier Myre (2 months ago)
Well vosk the mining hype is just the first significant wave of crypto, which is basically the far west / oil rush era of the internet. Dont be surprised if a big company takes advantage of the main flaw of miners: GPUs. It's freaking time another big company makes them bite the dust by making more effective, more powerful asics. Asics are just the second wave of mining and you guys must get it: GPU is fine but so ineffective compared to a machine litterally built to do exactly the job you ask a gpu. It's like comparing a bunch of guys transporting oil in buckets then there's this company that decides to build a train. I bet you the next step is to build a pipeline. What will kill the asics? Dont know yet :P
Cash Golem (2 months ago)
AAARRRRRRRRRUUUUUUUUUUUUUUU #NOSHEEP
Tony Anzalone (2 months ago)
We have the same exact kitchen
Manuel Ortiz (2 months ago)
What about the 51% attack on verge that just happened to be on the scrypt algo? ASICs are bad news!
zmcnabb (2 months ago)
What is the best way to sell cards without getting scammed? Since you hear stories about people selling cards on ebay and 3 months later the buyer refunds the sale and stuff like that.
riuku (2 months ago)
One of your best videos to date in my opinion. Screw the haters, let them be naive. The pack will unite, we will rise once again, I am revising my own business plans according to the market. If you don't continue to achieve the best results possible, the market will win every time. Cheers!
Roger Jubinville (2 months ago)
I started mining 2 month ago and I not going to stop for this good video VoskCoin stay with it their has to be the light at the end of the tunnel say Hi to tails mine on
myantispambox (2 months ago)
Zencash would have to grow 800% to surpass Zcash and that's assuming Zcash stays still. Not gonna happen.
Jeffrey Butts (2 months ago)
Mining is going to move to ASICs on all of the mineable algos, even XMR will probably switch to a algo that is non symmetric, so it'll support higher levels of security.
Crypto 4Techs (2 months ago)
I disagree with the statement many are making about GPU miners switching coins potentially leaving ETH, or another coin's network in crisis due to lack of mining power. I believe this is a false worry and is FUD to help falsely justify ASICs. Let's say for example 90% of GPU miners decided to abandon ETH (as an example coin). What would happen??? Well, the 10% of the miners left over would be making huge profits with so few miners competing now.... That would make miners gravitate back to mine ETH because of the profit. I think the versatility of GPUs helps spread miners across coins and no one coin would lose too many miners because mining would balance itself based on coin profit and potential. Bitmain being a Chinese based company, let's just talk about China in general for a minute... My understanding is that China has been buying up interests and debt all over for a very long time now. I am concerned about how much power and control China has in crypto and in other important industries / markets in multiple countries.
Michael Otis (2 months ago)
What is the benefit to Eth/ZCash developers? A lot of work and disruptions to their network where they receive a huge founders rewards. Look into Bitcoin Private.
KM4WOR (2 months ago)
Bro stop trying to go for max views and just do you. This is "you"tube after all. Before google got involved it was supposed to be YOUR channel. Do you and the views will come. People like real people more than anything.
Harry Porter (2 months ago)
Never surrender....WOLVERINE!!!
LL Smith (2 months ago)
monero fork proved it...fork EVERYTHING!!! from now on any coin indifferent to the bitmain problem I'm not touching with a ten foot pole. btc can't even fork anymore without bitmains consent. thats insane. everyone thinks btc devs just sit on their arse but the fact is they cant do jackshit. can you imagine their dev team meetings with jihan Wu at the head of the table? "No that much needed tweak will brick my asics so we're not doing that". very disappointing to hear about zcash. btcp and zen the only good dev teams left on equihash. an easy solution would be to leave asic coins on asic if the devs dont mind worshipping at the bitmain altar and leave gpu coins for gpu but nope, bitmains gotta have everything Monero Rvn ME LUV U LOONG TIIME!!!
Harry Porter (2 months ago)
Damn right bro
OIFIIIOIF07-09 VET (2 months ago)
Good. Fuck miners.
Phil S (2 months ago)
Zcash will never be ASIC.
# Chrid # Bitcoins (2 months ago)
Great video nice mining rig 👍
Jon W (2 months ago)
If they are so smart, why don't they just keep their mining secret and mine the hell out of it????
J G (2 months ago)
Preach it Vosk!!! Can we get an actual Vosk Coin? I'de be down...
C smith (2 months ago)
Please give us loyal followers an actual mining farm update. What are you mining? You said your downsizing? What are getting rid of and why? #downwithASICs #supporttheVOSK
Steve Creasy (2 months ago)
I'LL BE HOLDING YOU is back! Thanks, Vosk!

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