Playstation 4 im Test: Die will nur spielen -

My guess as to why mining will NOT centralize a ton in the future (w/data). Thoughts?

So i've been thinking about mining centralization a bit lately. Keep in mind i'm not technical at all, so this is just some of my guesses. Looking to see where i'm wrong in my thinking (there's prob more than 1).
lets assume that we looking at the mining industry in 10 years time. Bitcoin has grown a bit, and ASICs are now down to same nanometer lenght as other chips...ASICs have "caught up".
So i started looking at the economics of modern day super computers vs what you can buy off the shelf. Basically what is cost per GFLOP of a supercomputer vs off the shelf item.
using numbers here off the shelf costs:
and here for one of the most recent supercomputers:
we arrive at about 9 cents per GFLOP for the $390Million super computer vs about 12 cents per GFLOP for the off the shelf version. Not too much of a difference between supercomputers and off the shelf version when measuring by cost per GFLOP. Afterall, in the real world, the US military actually built a fairly economical supercomputer using something like 1700 Playstation 3's wired together.
however, hardware costs are only one part of the equation. Electricity costs are also important. We can look at the below link for average electricity prices around the world. I keep hearing Iceland has cheap electricity but according to the chart below, there are plenty of places with comparable prices.
The final area to look at is examining what solar prices/kilowatt will be in 10 years. Could solar provide us with very cheap electricity..practically free for bitcoin miners located in sunny areas like Arizona, etc???
There is plenty of debate about the future of solar, and many links estimating the future cost per kilowatt of solar, but the link below is hoping for about 1.5 cents per kilowatt around the 2020's which would put it among the cheapest on earth according to the Wikipedia article on world wide electricity pricing that i linked above?
TL;DR: Supercomputers today are NOT much more economical that off the shelf processors. Will this hold true for ASICs in 10 years? Will this along with cheap/marginally free solar power lead to a lack of mining centralization? just as cheap (measured $ per hash) for a individual in sunny Arizona to run a few hashes as it would be for a large mining farm? seems its at least POSSIBLE for mining to remain decentralized
submitted by greenearplugs to Bitcoin [link] [comments]

Bitcoin mining on an Android phone (CPU and Butterfly Labs Single) PS3 Festplatte/HDD tauschen/wechseln - Anleitung Noob's Guide To Bitcoin Mining - Super Easy & Simple - YouTube Win ps4 pro free  ps4 pro free  - YouTube How to trade BITCOIN and CRYPTO - YouTube

Accurate Bitcoin mining calculator trusted by millions of cryptocurrency miners since May 2013 - developed by an OG Bitcoin miner looking to maximize on mining profits and calculate ROI for new ASIC miners. Updated in 2020, the newest version of the Bitcoin mining calculator makes it simple and easy to quickly calculate mining profitability for your Bitcoin mining hardware. Für den großen Zockerabend mit Freunden muss nicht unbedingt die neue PlayStation oder Xbox gekauft werden. Mieten ist hier die Devise. 29.09.2020 Themen: Kryptomining, Bitcoin, Computer, Supercomputer, Internet; Foren › Kommentare › Politik/Recht › Alle Kommentare zum Artikel › Supercomputer… Pflops zum minen? ‹ Thema › Neues Thema Ansicht wechseln. Pflops zum minen? Autor: xmaniac 11.02.18 - 10:02 Zu schade, dass sha256 nur Integer erfordert und die Fließkommaleistung daher vollkommen uninteressant ist. Ich keccak gleich ... Emulators can turn your PC into a Mac, let you play games from any era, and more — here's what you should know about the potential benefits and risks of using one The U.S. Air Force recently issued a request for proposals to purchase 2,200 Sony PlayStation 3 video game consoles. Does the Air Force plan to play lots of Grand Theft Auto? No -- rather, the Air Force Research Laboratory in Rome, N.Y., is interested in the chip technology inside the PS3, specifically the Cell Broadband Engine Architecture, according a blog post by Gartner Inc. analyst Andrea ...

[index] [1100] [36561] [47532] [45933] [10468] [11518] [39134] [11877] [14733] [32184]

Bitcoin mining on an Android phone (CPU and Butterfly Labs Single)

Win ps4 pro free. Get ps4 pro from here : a ps4 pro 8.4 tflops, abrindo o ps4 pro, battlefield 1 ps4 pro, battlefield 1 ps4 pro 4k, bat... Dieses kleine Video zeigt euch, wie ihr ganz einfach die Festplatte der Playstation 3 Slim ausbauen und austauschen könnt. Hilfreich? = Daumen hoch! Und für mehr Videos rund um Technik, wie z.B ... A 240 PS3 Cluster. Nest Cams are a BIG RIPOFF - DIY WiFi Security Camera Guide - Duration: 9:40. Linus Tech Tips Recommended for you Vind jij de harde schijf van je Playstation 3 ook te klein? Dan moet je vooral nu op play klikken. Upload datum: 9 januari, 2008. Carteira/wallet BITCOIN: 13tCEq5acDbPQ2oDBD3EoTxvP7NwTXRMtn Banco Bradesco: agência 313 conta corrente 108017-2 Everton Aguilar SEU APOIO É MUITO IMPORTANTE ...