AMD GPU Supply Exhausted by Crypto Miners, AIBs Now Directly Advertising to Them

Re:AMD GPU Supply Exhausted by Crypto Miners, AIBs Now Direc... by NamTaf on Monday June 05, 2017 @01:09AM (#14485368)

I'm only tangentially familiar with it so someone else please correct me if I'm wrong.

Etherium requires a significant memory footprint to compute, whereas BTC and LTC do not. As such, an ASIC was able to have a heap of compute power but very little memory and it'd crunch through as much hashing as a GPU with far less upfront cost.

Etherium on the other hand requires lots of memory, so to add on the memory to the ASIC you essentially kill its competitiveness against a mass-produced GPU from a capital investment point of view.

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Re:AMD GPU Supply Exhausted by Crypto Miners, AIBs Now Direc... by pawadu on Monday June 05, 2017 @03:35AM (#14485890)

Wasn't LTC also claimed to be GPU and ASIC proof due to its high memory usage?

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Re:AMD GPU Supply Exhausted by Crypto Miners, AIBs Now Direc... by Tuna-Fish on Monday June 05, 2017 @04:07AM (#14486007)

LTC had a high memory use compared to bitcoin, but ASICs caught up to it. Ethereum is designed to have high and increasing memory use, to make it a moving target that is hard to hit with anything more cost-efficient than a GPU.

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