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Initial comments/thoughts:
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Is there a discussion regarding this ECIP 1043? I would like to participate ..or is this it? |
@chipbit This is the discussion so far. Feel free to comment. |
This is an interesting strategy vs. changing the algorithm, so I will go with it:
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From my understanding: It's not the amount of ram that determines the speed of the hashing power but the memory speeds; So DDR3 will hash slower then DDR4 and so on and so fourth. I can almost actually prove this with my RX470 8gb vs my RX570 4gb, hashing power on both is maybe 2 MH's difference at most. I believe I read somewhere that the bitmain ASIC actually just uses wafers of DDR3 memory since, it's probably the cheapest and most available atm. I also believe that resetting the dag allows everyday DYIer on a budget, to tinker with differ ideas and maybe even give incentive for the community to come up with DIY ASIC type rigs that anyone can build at home with readily available hardware. Since R&D costs will go down significantly and you don't have to worry that the idea you just spend 6 months prototyping will be obsolete at a certain EPOCH. The above is also very true to even bigger companies like AMD, nVidia, whom at one point showed a lot of interest in releasing their own line of GPU mining only hardware. |
I agree that memory speed is an important factor in mining, but shrinking the DAG size also allows for less memory to be needed for mining (1GB vs. 4GB) , making overall ASIC etherhash machine cost even cheaper. I wasn't saying the amount of RAM determines hashpower. Older cards will hash slower because 1) they have less bandwidth, 2) slower gpu's 3) slower memory - and you will need more of them , that uses even more wattage. Tinkering is great, but just because I can use a bunch of old video cards doesn't mean I can compete with ASICs manufactured on a large scale that cost 2x to 6x less than a machine a home user or a farmer can build for mining. NVIDIA and AMD making special mining cards should not be a concern. They are just re-branded video cards, and they don't run their own mining farms, like Bitmain does. We saw how much hash rate they are capable of controlling, with Monero, it was at least 50%. |
Links to additional discussion (since not everyone is commenting on GitHub): |
Also it's rather clear that there's a lot to do in order to assess the viability of this proposal which has the potential to do the following:
As a side note/somewhat off-topic point I really like point 1 because it would perhaps create a split in the market where high-RAM cards are for gamers and low-RAM cards are for miners. I imagine PC gamers would be happy about this. Currently it's high-RAM cards are for miners, and low-RAM cards are for gamers without a $600+ budget for a single card. Anyway, the TODO (before moving forward) would be:
I'll look into seeing what I can handle from this list. Volunteers: |
thanks @pyskell for relaying the discussion from other channels. for reference: |
Perhaps some clarification is needed. Low RAM GPU != Old GPU. There are plenty of current-market graphics cards with modern day GPUs and < 3GB RAM source. They are significantly cheaper than their >= 3GB counterparts. As for making ASICs cheaper, yes, that is a definite benefit. Cheaper ASICs can lead to more manufacturers which is why a key part of this proposal would be reaching out to potential ASIC manufacturers and GPU manufacturers. Lastly for the old GPUs that remains to be seen, what you linked was assuming a price of $150 and mining on ETH. ETC currently has a much lower hashrate and those cards can be found at 1/3rd of the price (~$50-60) source. I'd actually be very surprised if you couldn't find these a lot cheaper in second-hand markets. Break-even is ~1 year at $60 but 6 months at $30 source. A better example is a GTX 970 2GB, currently selling at $50-$75 source and pulling in $150/year source. |
Even my GTX 460 that's been demoted to driving monitors in my development box seems profitable. |
I think supporting smaller DAG could be viable, but over time, any video cards will not hold up to powerful ASIC's. No one can use video cards for BTC or LTC, or Dash, etc, so history shows this may not work. I am also not convinced there will be competition either. So far, not much competition has appeared on BTC market. How much effort/time is needed to change the ETC hash algorithm to thwart current ASIC's? Could we do that just to see how much of the hashrate is ASIC/Bitmain? I suspect 10-50% already is running on the network. ...just throwing around some thoughts.. |
Yup, over time ASICs are likely to overtake GPU mining and we're currently working with incomplete information on how powerful ASICs are currently and in the future. We definitely need more information that may only come once some ASICs hit the market. In the meantime I've reached out to all the ASIC manufacturers I can find as well as AMD/NVIDIA to gauge their interest and thoughts. Hashrate in February may have spiked because of either secret ASIC mining or high price (~$40). Lastly, this is merely early-stage planning on one possibility to prevent miner centralization. My own belief is that if we resist/brick ASIC Gen.1 then we discourage smaller manufacturers from entering as they'll rapidly deplete their R&D budget, and only large manufacturers will be able to roll out Gen.2/3/4. This increases centralization rather than reducing it. |
There has been a significant amount of discussion going on in the Zcash community regarding this issue, and am now leaning towards a multi-algo strategy that allows ASIC's and GPU's to work together for a coin. A quick summary of the solution would be that an equal number of blocks are solved by one algorithm using ASIC's, and another second algorithm using GPU's. Meaning, ASIC solves block1 with algo1, GPU's solve block2 with algo2, ASIC pool solves block3 with algo1, GPU pool solves block4, ...and so on. Algo1 is ASIC friendly, and Algo2 would be ASIC resistant. Instead of arguing about whether or not to allow ASIC's, is there a technical reason why this couldn't be implemented? Other coins have done this strategy. See a good discussion on this topic here: https://forum.z.cash/t/let-s-talk-about-asic-mining/27353/574 |
Multi-Algo approaches are also ASIC-able. Dash's X11 got ASIC'd, there's an X17 I believe as well (not yet ASIC'd I think). So tweaks to Ethash to periodically break a ASICs (a-la Monero) would be a lot easier than completely changing the mining algorithm (which is a lot heavier of an task). |
Since I am not a developer, I believe what you are saying, but still think multi-algo is a good option if you can find a really good asic resistant algo like LYRE2RE2. That being said, I think the "wait and see" strategy will work through about December, but once the antiminer e3 hits in July, we may see a spike by September in hashrate, and GPU miners may be unable to compete by December based on history (of GPU to ASIC blockchain conversions) Zcash community is also talking about open source ASIC code and ASIC PCIE boards which sounds like decent options also, to prevent centralization. |
It is starting to look like ProgPOW is going to be a solution for many coins. It is dependent on specific graphics card functions, and making a "mining ASIC" for it, would basically be the same as making another graphics card, so the advantage of customized hardware is very minimal. That being said, would Ether Classic consider ProgPOW ? The ETC team could watch and learn the potential issues from Ubiq and Expanse coins (who are switching to a ProgPOW type algorithm), And if those coins are successful, then ETC could implement a similar solution. This would assist in further de-centralization of the coin. |
Is there any movement on this ? I'd very much like to see 3GB limit removed since it'll affect a lot of miners out there including myself. I also feel that removing this and adding more cards to do PoW is a benefit instead of having it all being done by some large entities out there. |
Just an additional vote for ProgPow with a DAG reduction to make current gen energy efficient 3GB cards viable. |
Closing, this repo is depreciated . To be reopened on http://github.com/ethereumclassic/ECIPs |
ECIP-1043 – Fixed DAG limit restriction
Abstract
The purpose of this ECIP is to set a limit on the maximum size of the DAG to its initial state and no longer increase it on an epoch schedule
Motivation
The original intent of the DAG was to provide ASIC resistance to the mining protocol in order to prevent centralization of mining distributions and thereby provide for an objectively fair distribution of tokens. As evident by ASICs being developed that are capable of matching current GPU miners while being more energy efficient, the DAG has failed at its task and now only serves as a deterrent to broader investment in application specific hardware by competent distributors. Because of this, the increasing DAG has began to have negative impact on long term security and acts as an anti-competitive bug preventing large scale investment in mining development .
As originally discussed in ECIP-? Limit DAG growth #6; a constantly increasing DAG will eventually reach a hard limit of bus speed on GPU memory and forcing GPU’s into obsolesce does not provide an increase in security. To the contrary, smaller DAG sizes allow more GPU’s the ability to mine while providing a lowered initial entry cost to hobbyist miners.
A 5 year vision of the mining landscape would see a transition from general purpose GPU mining to a broader market of application specific hardware being built by current and supported by a diverse group of manufactures similar to the current GPU market.
Specification
if(blkNumber > forkblock) DAG epoch = 0
Risks consideration
This ECIP is not forward compatible and introduces backwards incompatibilities in the DAG file generation, block verification, and block mining. Therefore, it should be included in a scheduled hardfork at a certain block number.
This is a long term PRO applicaton specific hardware proposal. If sufficient interest is not generated by manufactures in the mining field, there is risk of domination by one or more manufactures. (market risk)
Implementation
The following clients implemented ECIP
Copyright
Copyright and related rights waived via CC0.