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Please note that Bitmain's latest stock firmware update may block usage of third-party ASIC firmwares, including MARAFW, from March 2024 onwards.
This was posted on marathon digitals twitter feed tonight.
Blimey
At least it gives FG a way out of method B nonsense I guess, onwards and upwards with method C 😏
Thankfully, with QBT being such an agile company if Bitmain were to block their firmware from working I'm sure within 6 to 9 months QBT could release a patch as a workaround.
Getting confirmation from other firmware guys like brains as well. Bitmain are huge at best they now need paying a cut by QBT and at worst the largest ASIC manufacturer just ruined QBT.
It's a perfect excuse to have to raise again to pivot and produce QBT'S own ASIC chips. Big problems for QBT no matter what.
FG will be absolutely creaming his pants over this. It will allow him to save face and never have to prove that method B works. Can quietly move on to method C and blame bitmain.
Look at the desperate trolls posting tonight, they know being out when news is due is a dangerous game, all there for everyone to see how desperate they are 🤩
The 3 desperados ! 🤣🤣🤣
They’re hilarious 🤣🤣🫣
An alternative view:
If Bitmain are to block 3rd party software, any current or future 3rd party improvements to bitcoin mining/SHA etc. that could be used on other rigs couldn't be used on Bitmain rigs leaving them at a potential huge disadvantage. Would you invest millions in a rig that could be left behind??
QBT's chips will be worth £billions.......Bitmain will have to buy them or quit the mining ASIC market.........
What chips?
I can see why the rampers have been so desperate lately now trying to get the SP up to get out before this information became public, probably saw this coming.
Double the efforts gang, we need those shares quick smart
@WilliwontI @notready1
Agree, Every Rig Manufacturer will need to use the QBT designed chips or be put out of business, from my understanding and digging, Bitmain haven't played ball.
Who are the chip manufacturers QBT are talking to?
All miners will be looking for the most efficient setups for their fleet.
This Paragraph from the R&D Update struck a cord
“All of the large North American and Chinese Bitcoin mining and chip manufacturing companies with whom QBT has engaged, are waiting for the results of our live tests, in particular with Method A and B, using currently available commercial mining rigs, before we can move to the commercial stage As announced on 20 October 2023, we can confirm that Method A and B have been redesigned to be technically available as a SaaS client-server cloud application.”
GLA, it looks to be falling into place.
There is no such twitter account named 'marathon digitals' as mentioned below. This is another spurious post trying to spread incorrect information.
Please note that Bitmain's latest stock firmware update may block usage of third-party ASIC firmwares, including MARAFW, from March 2024 onwards.
This was posted on marathon digitals twitter feed tonight.
Mikey
https://twitter.com/MarathonDH/status/1779968182482284937?t=ehAr0aCdDqhyQqhCybKpLw&s=19
Https://twitter.com/BraiinsMining/status/1779946579274670438?t=PdjJ00Pr30VmTQWhAzl5BA&s=19
Seems to be a genuine update
https://www.mara.com/
https://twitter.com/MarathonDH
"Marathon Digital Holdings (NASDAQ: MARA)
@MarathonDH
10h Attention MARAFW Users
Please note that Bitmain's latest stock firmware update may block usage of third-party ASIC firmwares, including MARAFW, from March 2024 onwards.
We are working on it and will provide updates accordingly. Thank you!"
@williwonti
Bitmain have the biggest market share and any move away would be very expensive for miners and take a long time considering the lead time to order new rigs from them. It would also lead to a further fragmentation of the market and QBT have already stated that each chip type needs to be worked on individually.
Even if this issue turns out to be nothing and can be fixed with a patch it shows how simple it would be to stop the usgae of third party software on commercial rigs.
Presumably the Mara fleet is not affected as they have not enabled the last Bitmain firmware update
Brew- https://twitter.com/MarathonDH/status/1779986845063086479?t=jNaaylr0N4X3zRQwuLiOWQ&s=19
My apologies, searching twitter through the posted name 'marathon digitals' brought nothing.
Reading the article you have mow linked also shows that they 'May' block it. So it is still a spurious post, as they are not 'Blocking' as the post title suggests.
Exactly it says ‘May’ block not will. Marathon updated their status an hour after your this post saying they won’t be affected. More scrapings. Another day of laughter for me 😂
Seems sensible to say May instead of will, there is a chance someone will find a work around.
The bottom line is Bitmain are unhappy with others flashing their own firmware onto their hardware. Clearly Bitmain want to stop it or generate revenue from licensing the right to do it.
Naturally miners with 100000 miners won't flash their hardware in a hurry without extensive performance testing and this is why Mara and cleanspark are unaffected.
However it is likely brand new machines will have this stock firmware and it's those machines QBT's software will need to work with rather than this current generation of machines, why? Because QBT have nothing working yet and when they do it will need installing on machines that may well be firmware locked.
So funny watching rampers squirm.
Zenmaster, another new account setup to troll with, you provided that spurious link right before Brewlala did.
Might be worth checking who is posting what in the boiler room, so bloody obvious.