EVGA

Samsung to Give AMD and NVIDIA a Run for Their Money as It Preps Chips Specifically Design

Author
rjohnson11
EVGA Forum Moderator
  • Total Posts : 85038
  • Reward points : 0
  • Joined: 10/5/2004
  • Location: Netherlands
  • Status: offline
  • Ribbons : 86
Sunday, February 04, 2018 6:50 PM (permalink)
https://wccftech.com/samsung-mining-chips-manufacturing/
 
Personally it looks to me that most major companies want to dive into Cryptomining in one way or another (for the money of course). Samsung believes it can compete by manufacturing ASIC chips.

AMD Ryzen 9 7950X,  Corsair Mp700 Pro M.2, 64GB Corsair Dominator Titanium DDR5  X670E Steel Legend, MSI RTX 4090 Associate Code: H5U80QBH6BH0AXF. I am NOT an employee of EVGA

#1

10 Replies Related Threads

    fearpoint
    CLASSIFIED Member
    • Total Posts : 2966
    • Reward points : 0
    • Joined: 12/17/2006
    • Status: offline
    • Ribbons : 3
    Re: Samsung to Give AMD and NVIDIA a Run for Their Money as It Preps Chips Specifically De Monday, February 05, 2018 1:30 AM (permalink)
    Good. The sooner miners get off GPU's the better. Those ASIC miner rigs are absolutely ridiculous and serve zero purpose other than turning electricity into fiat currency.
     
     
    #2
    Bruno747
    CLASSIFIED Member
    • Total Posts : 3773
    • Reward points : 0
    • Joined: 1/13/2010
    • Location: Looking on google to see what Nvidia is going to o
    • Status: offline
    • Ribbons : 5
    Re: Samsung to Give AMD and NVIDIA a Run for Their Money as It Preps Chips Specifically De Monday, February 05, 2018 1:33 AM (permalink)
    I don't understand why they would make and sell them. Why not make them for internal use and reap the benefits of hardware no one else has?

    X399 Designare EX, Threadripper 1950x, Overkill Water 560mm dual pass radiator. Heatkiller IV Block Dual 960 EVO 500gb Raid 0 bootable, Quad Channel 64gb DDR4 @ 2933/15-16-16-31, RTX 3090 FTW3 Ultra, Corsair RM850x, Tower 900
    #3
    lehpron
    Regular Guy
    • Total Posts : 8858
    • Reward points : 0
    • Joined: 5/18/2006
    • Status: offline
    • Ribbons : 191
    Re: Samsung to Give AMD and NVIDIA a Run for Their Money as It Preps Chips Specifically De Monday, February 05, 2018 3:44 AM (permalink)
    Not all algorithms can be mined with ASICs; Ethereum, especially, is resistant to it and responsible for driving GPU sales and shortages; it always will be.  Samsung would have to compete with AMD/nVidia by making a "GPU" for Ethereum and other coins that can only be mined with graphics cards.  It won't be an ASIC by the strictest definitions, rather a graphics card without the ability of video, or just not play games.  Imagine a product that could come off as a cheaper competitor to nVidia's Tesla lineup, but aimed at cryptomining; although there is nothing stopping Tesla customers from choosing that route and using these things for A.I., Deep Learning, etc.  In other words, I don't think Samsung is doing this just for ASIC mining, they are working on an architecture than can be applied in many areas, unannounced as of yet.
    Bruno747
    I don't understand why they would make and sell them. Why not make them for internal use and reap the benefits of hardware no one else has?
    It isn't that Samsung believes in crypto for themselves, per se; all any company needs to know is that someone is willing to pay for it, and if you build it they will come.  All customers that use cryptocurrencies still pay for equipment largely in fiat currencies, which still rules the roost of world economies.  Put it this way, does AMD or Intel believe in overclocking just because they make unlocked processors available to us?  No, it's all the same silicon dies, all they need to know is that we are willing to pay extra for an unlocked model of the same locked silicon.  The point of a business is to make money.  In other words, it is a mistake to figure a company making a product we like is doing it for us or for their end-user customers' gains.  Samsung isn't making ASIC miners because they want the coins, they couldn't care less; that's the marketers job to convince customers that the company benevolently "cares" for customer's needs versus all others, etc. 

    For Intel processors, 0.122 x TDP = Continuous Amps at 12v [source].  

    Introduction to Thermoelectric Cooling
    #4
    Brad_Hawthorne
    Insert Custom Title Here
    • Total Posts : 18001
    • Reward points : 0
    • Joined: 6/6/2004
    • Location: Dazed & Confused
    • Status: offline
    • Ribbons : 39
    Re: Samsung to Give AMD and NVIDIA a Run for Their Money as It Preps Chips Specifically De Monday, February 05, 2018 4:10 AM (permalink)
    Never understood why people use GPUs for cryptocurrency anyways. It's not designed for it and as things get exponentially more difficult to compute, GPU is less and less appealing for it. So many sheep, so much money being thrown away on it.
    #5
    trthskr4
    New Member
    • Total Posts : 67
    • Reward points : 0
    • Joined: 1/14/2018
    • Status: offline
    • Ribbons : 2
    Re: Samsung to Give AMD and NVIDIA a Run for Their Money as It Preps Chips Specifically De Monday, February 05, 2018 12:40 AM (permalink)
    Sadly, there's going to be a lot of people just trying to get a break in life that are going to get stung by the craze.  The ones who are just greedy and want something without working for it, those are the ones I'll relish getting bitten in the arse.
     
    As the hash becomes more difficult they'll be forced to buying higher and higher memory cards with more compute power.  It's a diminishing cycle and the only ones who really profit are the investment firms and other scammers.


    #6
    QuintLeo
    SSC Member
    • Total Posts : 946
    • Reward points : 0
    • Joined: 4/17/2016
    • Status: offline
    • Ribbons : 3
    Re: Samsung to Give AMD and NVIDIA a Run for Their Money as It Preps Chips Specifically De Thursday, February 08, 2018 7:48 PM (permalink)
    There is a significant probability that the chips Samsung is making are NOT for itself - eBang announced recently they would be using Samsung to make chips for their newest miner model, and this announcement is probably connected.
     
    The article is mostly clueless though - ASIC do not compete with GPUs, as ASIC only exist for a very small number of algorithms.
     
    The issue with Ethereum in particular isn't that an ASIC could not be made for it, but that the algorithm is very much MEMORY LIMITED - so an ASIC would not be able to offer a major improvement in hashrate and very little or NO improvement in cost, while it would cost MILLIONS just to design such an ASIC.
    Quite a few other algorithms have been designed to have "ASIC resistant" properties - Cryptonight (Monero) in particular is still viable to mine on *CPUs* due to how it is designed.
     
    People use GPUs to mine on algorithms where the GPUs are efficient at it (and where software exists to do so at all), and because they are a lot more efficient on MOST algorithms that they can be used on than anything else.
    "Unintended consequence" of the GPGPU revolution.
     
    Same reason many recent Supercomputers are using a lot of GPUs - more performance per watt and more performance per $ and the tools to program them have gotten widespread.
     

    Now that vorsholk has stopped his abuse, I'm returning to folding.
     I no longer MOO due to abuses by certain "whales" in the Gridcoin community - so I now work the Distributed.net project directly again.
     
    #7
    Bb123evga
    New Member
    • Total Posts : 100
    • Reward points : 0
    • Joined: 2/8/2018
    • Location: Cincinnati, OH
    • Status: offline
    • Ribbons : 0
    Re: Samsung to Give AMD and NVIDIA a Run for Their Money as It Preps Chips Specifically De Thursday, February 08, 2018 11:49 PM (permalink)
    Awesome, maybe that will help normal GPU prices go down? One can only dream.... 
    #8
    fearpoint
    CLASSIFIED Member
    • Total Posts : 2966
    • Reward points : 0
    • Joined: 12/17/2006
    • Status: offline
    • Ribbons : 3
    Re: Samsung to Give AMD and NVIDIA a Run for Their Money as It Preps Chips Specifically De Friday, February 09, 2018 10:42 PM (permalink)
    Brad_Hawthorne
    Never understood why people use GPUs for cryptocurrency anyways. It's not designed for it and as things get exponentially more difficult to compute, GPU is less and less appealing for it. So many sheep, so much money being thrown away on it.




    The idea is the GPU hardware can be resold when it becomes inefficient for mining, whereas asic machines have a shorter life span and entirely worthless for anything else meaning zero resale value. 
    #9
    XrayMan
    Insert Custom Title Here
    • Total Posts : 63846
    • Reward points : 0
    • Joined: 12/15/2006
    • Location: Santa Clarita, Ca.
    • Status: offline
    • Ribbons : 115
    Re: Samsung to Give AMD and NVIDIA a Run for Their Money as It Preps Chips Specifically De Sunday, March 04, 2018 6:57 AM (permalink)
     
    If it helps lower the current burden of GPU shortages, then I applaud them.

                My Affiliate Code: 8WEQVXMCJL
     
            Associate Code: VHKH33QN4W77V6A
     
                 
     
     
                      
     
     
     
              
     
       
     
               
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     



     
     
     
     
     
     &nbsp
    #10
    QuintLeo
    SSC Member
    • Total Posts : 946
    • Reward points : 0
    • Joined: 4/17/2016
    • Status: offline
    • Ribbons : 3
    Re: Samsung to Give AMD and NVIDIA a Run for Their Money as It Preps Chips Specifically De Sunday, March 04, 2018 6:58 PM (permalink)
    ASIC manufacture has little or nothing to do with GPU demand - the only cases where it MIGHT have a noticeable effect was if someone was to create an ASIC for one of the "many cards in use" algorithms like Dagger/Hashimoto aka Ethash (ETH/ETC and other coins) or Equihash (ZEC/ZTC and others that use this), and *IF* that ASIC was quite a bit more efficient than current GPU mining.
     
    This is what caused the collapse of mining Bitcoin on GPUs, than later caused the collapse of mining Litecoin/Doge on GPUs, then fairly recently caused the collapse of mining X11 (DASH) on GPUs - but right now, the only stuff that has enough GPUs mining on it to affect the GPU market is ETH (10 million cards ballpark), and to a MUCH lesser degree ZEC ETC and ZTC (ballpark 2 million cards total between all 3).
     
     
     
     

    Now that vorsholk has stopped his abuse, I'm returning to folding.
     I no longer MOO due to abuses by certain "whales" in the Gridcoin community - so I now work the Distributed.net project directly again.
     
    #11
    Jump to: