03:39:21 Bitcoin in tor!! 03:39:28 Coming soon: Tor NFTS! 05:22:05 hello 05:59:20 while true; do echo nope; done 09:14:47 edge7: Yes, I've heard about it 09:15:47 Tor will add Equi-X by sech as PoW 09:18:27 Equi-X is heavily based on work made for Monero's RandomX, but it has a much faster verification time 09:19:18 anyway, as far as I know I2P has always had some sort of PoW defense (based on sha1) 09:35:57 Who created Equi-X 09:36:30 Implemented by tor devs, based on Random-X? 09:36:47 Which was created by tevador? 09:42:07 Tor will add Equi-X by tevador as PoW 09:42:07 No, Tevador created equix https://github.com/tevador/equix 09:43:02 It's in practice Equihash, but instead of blake2b it uses HashX (https://github.com/tevador/hashx), an ASIC-resistant hash function based on RandomX's SuperscalarHash 09:46:10 The advantage of EquiX over RandomX is that verification is MUCH faster: on a Ryzen 1700, RandomX verification takes ~2ms, EquiX verification takes ~50μs 12:22:39 Morning (or afternoon, depending on your whereabouts). I was watching an interview with John McAfee and at one point, when talking about privacy coins, he said this about Monero: 12:22:39 “...it’s architecture will not allow it to be exchanged on a distributed exchange.” 12:22:39 https://youtu.be/b0pxnTXECwo?si=mupR6dhNcBLrb7iJ&t=1985  12:22:40 Does anyone know what he means by that? Certainly Monero is on some DEXs, right? 12:33:57 It is very hard to make any kind of smart contract with Monero. This is on purpose, because smart contracts require extra data, which is different between transactions and thus reduces privacy. 12:33:57 That said there are projects that circumvent these limits by putting the contract on the second chain. These are called atomic swaps. We have implementations for btc and eth already. 12:33:58 There's also a project called Serai, which is still in development, but AFAIK it will be a Dex that supports monero. 12:58:48 colored coins could easily be done on Monero. Counterparty was a thing long before ordinals on bitcoin. Same concepts apply to Monero. They just messed up the ergonomics with the order book. Now that we know about AMM I am sure the same thing can be done in a way that attracts more liquidity. It would also be possible to connect two chains this way. 14:53:14 has this been posted here 14:53:15 https://twitter.com/BITMAINtech/status/1695783295806775605 14:57:26 if it's true, it should be cause for concern 15:00:26 cool 15:00:41 what chat network do you use 15:03:36 https://cdn.discordapp.com/attachments/620459189097201669/1145373053912625254/image.png 15:03:41 https://www.bitmain.com/ 15:03:54 This is real 15:08:04 >what chat network do you use 15:08:04 we're on the bridged discord server. I know it's not the best, but it's where we are at 15:08:09 also I'm more confused about the 212K part, is it doing 212kH/S? 15:08:11 also I'm more confused about the 212K part, is it doing 212kH/s? 15:09:47 Yes。212kH/s 15:10:26 oh yea, that is bad 15:11:03 maybe that was the cause for the spikes in hashrate 15:19:42 cool. i don't think discord was bridged before 15:27:53 I found a fake post in r/monero 15:27:54 https://www.reddit.com/r/Monero/comments/162t45c/the_first_professional_xmr_miner_pioneering_xmr/ 15:30:23 Why "fake"? 15:31:31 Wait, actually, that seems the true Bitmain twitter profile 15:31:38 i thought it was a clickbait 15:31:57 Is this so far ahead of other high-end CPUs? 15:32:06 Yes 15:32:33 Can you tell me the ballpark figures for high end CPUs? 15:32:37 ryzen 5 3600 has 0.01 w per h/s 15:32:59 that thing has 0.0063 w per H/s 15:32:59 I guess there is one high end that can do 100kH/s 15:33:00 Oohh.. Cool 15:33:29 top CPU in xmrig benchmark, AMD EPYC 7T83 64-Core Processor, has 103706 H/s 15:34:28 but AMD EPYC 7T83 has 0.002w per H/s 15:34:56 maybe that ASIC isn't really a game changer 15:35:01 perhaps it's just AMD CPUs with a custom packaging 15:35:40 it says RISC-V 15:36:01 +1. My initiap reaction 15:36:02 Initial* 15:36:03 Yeah 15:38:20 Anyway, RandomX has been specifically crafted for consumer CPUs 15:38:29 Based 15:39:34 Most CPUs have 2 MiB of L3 cache, and RandomX uses it all 15:40:51 RandomX uses most x86 integer and float instructions 15:41:35 so I think there (shouldn't) be too much room of improvement of a specifically-crafted RISC-V CPU over consumer x86-64 15:44:31 Ryzen 9 5950X is more efficient than that ASIC 15:45:03 yea, I'm guessing it's some modified RISC-V chip 15:45:54 probably multiple, like a 4 or 16 array configuration judging from the hashrate 15:46:33 That ASIC will be a game-changer only if manifacturing that RISC-V specialized CPU is much cheaper than buying a consumer CPU 15:54:16 sadly we do not yet know the price of it. 15:58:09 I estimate that it would have to cost ~$3500 or less to be worth buying that ASIC over Ryzen CPUs 17:22:47 people are saying ~3k right now 17:48:55 So bitmain invented a more competitively priced computer that can’t do anything except mine? 18:40:54 i wouldn't say invented, i'd say packaged 19:06:34 Because doing the computation is way faster than fetching the instructions, modern cpus have all kind of complex components like branch predictors and reorder buffers to predict the next instructions based on the previous ones. Modern cpus can process 1 instruction in 0.2 clock cycles. I always wondered if the instructions provided by randomX are totally random and if you can stri 19:06:35 p all this complexity from the CPU making it actually feasable to create a better machine than a cpu to mine RandomX. 19:11:15 I mean you remove the branch predictors and reorder buffer, you put a ton of cache in your cpu. and you paralelise your unit kind of like a gpu. 19:11:16 in your *ASIC 19:12:46 Curious to know the price of the ASIC. 19:27:34 The asic bricker says its brickable, 19:28:03 And 2~ year old trash 21:00:17 Yes 2 years old. Does selling them mean they now have a new model? 21:01:05 Or just realizing the futility? 21:01:35 I guess the latter 21:02:13 if it's only as energy efficient as a cpu it's kinda worthless unless they have free electricity and the devices are really cheap 21:19:31 this is their standard MO - self-mine until the hardware becomes obsolete, then sell to public 21:20:10 we can't assume their tech has stood still; they probably have 2 or 3-years newer chips that they're already building into another generation 21:20:27 ... assuming the first gen paid off enough profit to make it worthwhile 21:22:57 Interesting, do you support the idea of slightly changing randomX to remove the advantage of these ASICS ? 21:23:56 they have no advantage, so no. I think they're a nothingburger 21:24:25 if the asic advantage is small and they don't dominate the hash power they're not doing any harm 21:26:47 ok, not zero advantage. it's probably easier to mine with a couple hundred of these cores in one box, than to try to assemble and manage as many CPUs yourself using standard PC or server hardware 21:26:58 ... tho servers are probably on par, really 22:37:20 At the end you design a general purpose CPU optimized for randomX 22:38:05 I assume you could omit implementing useless instruction and shrink the size of the cores, so you could package more of them in a die 22:38:41 And you put more memory controller and have some extra shit so you can limit the number of cores per memory channels 22:40:55 This is, the x86 (and all extensions) arch is kinda proprietary, you don't have the right to design something based on that, only Intel and AMD can, legally (They have mutual contracts so Intel can use AMD arch improvement and vise versa... It's where you got the 64Bits support on Intel CPU) 22:41:19 So only Intel or AMD could design such a miner.. 22:41:20 Or maybe whoever own the old VIA IPs 22:42:18 So you have to design a new alternative general purpose CPU optimized only for randomx 23:00:38 They are not using Intel or amd 23:00:47 Risc-v 23:01:01 dayum, blockchain gettin up to 163GB 23:01:14 gonna have a big boy blockchain at 200GB relatively soon