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Topic: Anyone w/ FPGAs should keep their eye on this - page 2. (Read 9472 times)

legendary
Activity: 1400
Merit: 1005
No, you missunderstood that.

It's the reason to change that doesn't make much sense.
The reason was, that ASICs come around and you don't get (enough) bitcoins anymore on your FPGAs.
And it still doesn't make much sense to me, to switch the good cause that i'm donating to, just because I don't get (enough) bitcoins in return for my donation anymore (especially to switch to something returning even less than not enough).  Wink
So something that was once used with a profit motive cannot be reused by the same person for a donation motive?

Really, I feel like you are saying that someone who is motivated to make money cannot be motivated to donate.  An FPGA would be useless for making money after ASICs are going in full force.  If you make a couple of bitcents with one, but then have to pay out $5/month in electricity, you'd be losing money.  Thus, if a person was solely profit-motivated, they wouldn't even turn it on after it became unprofitable.  But, they might find benefit in using the device towards non-profit purposes.

To put it another way, doing anything for profit or non-profit nets a benefit.  A person will switch from for-profit mining to non-profit calculating when the benefit for the non-profit activity exceeds the benefit of the for-profit activity.  Obviously, it's a bit of an apples-to-oranges comparison, which is why each person has to decide for themselves exactly where that point is.
legendary
Activity: 4690
Merit: 1276


I've never been involved in the SETI@home program.  I think aliens and other intelligent life is utter nonesense.  But that doesn't mean I think people have no legitimate reason for putting computing power towards such a project.  If they believe in it, why not?

From the point of view of probabilities, it seems almost inconceivable to me that humans represent the pinnacle of life in the entire universe.  We send out intense beacons looking for other 'folks', so it also seems likely that some of the (presumed) others would be doing the same.  One of the bigger mysteries to me is why we've not detected any such beacons yet.

There are a number of hypothesis I can think of to explain this mystery.  One of the more interesting ones is that certain life forms have become advanced enough to be able to manipulate or isolate areas in geographical space from electromagnetic artifacts.  When a civilization is in a primitive state (defined by still being war-like torturing assholes) but is starting to get a handle on certain technologies like (radio-astronomy and number crunching) they are isolated for general 'humanitarian' (sic) reasons.



legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
Because keeping the fpga on bitcoin would be useless? At least on BOINC it would do something useful
legendary
Activity: 3676
Merit: 1495
No, you missunderstood that.

It's the reason to change that doesn't make much sense.
The reason was, that ASICs come around and you don't get (enough) bitcoins anymore on your FPGAs.
And it still doesn't make much sense to me, to switch the good cause that i'm donating to, just because I don't get (enough) bitcoins in return for my donation anymore (especially to switch to something returning even less than not enough).  Wink
legendary
Activity: 1400
Merit: 1005
If ASICs do come around and people plan to quit mining they probably do so because they don't get any high returns anymore.
Now what you ask them to do will give them even less than that, instead of keep mining for maybe 1, or 2 bitcents a month, which is way less than the power-cost to run those rigs, but at least it is something, you want them to run the rigs on some other project that doesn't return anything at all.

That doesn't make much sense to me.
Some people donate to charity too.  That doesn't make much financial sense either.
Nothing wrong with donations.
It's not about which of both make financial sense, it's about what you think is a good cause.

Is BOINC/folding/ET-search a better cause and thus more worth donating to, than having a free (as in freedom) payment network?

Said this on some other thread already, but anyway:

When I started mining (and that was back around the time when 1BTC was less than $0.01) I only did it because i thought having a free (as in freedom), decentralized, secure, non-government-related, non-bank-related payment network was a very nice idea worth donating some of my CPU-cycles to.
And that hasn't changed yet, it's still a good idea and nice to have, worth donating to, even if that means i have to actually pay something for it.

I can't really say it's worth donating to BOINC or similar, I simply don't know, nor does anyone else.
Even if someone folds some proteins (or makes donators do so) and finds the cure for , those that are in deep need for it probably don't get/can't afford it anyway and only the Pharma-Mafia profits.

Anyway, it's your resources, your choice how to use it and what to use it for.  Cool
Then why did you say it doesn't make much sense to run the rigs on some project that doesn't return anything at all (or to be more clear, hasn't returned anything yet)?  Obviously, you were at that time asserting that you COULD say it wasn't worth donating to BOINC or similar.  You're contradicting yourself.

I agree with your latter post - each individual much determine what is worth it and what is not to themselves.
legendary
Activity: 3676
Merit: 1495
If ASICs do come around and people plan to quit mining they probably do so because they don't get any high returns anymore.
Now what you ask them to do will give them even less than that, instead of keep mining for maybe 1, or 2 bitcents a month, which is way less than the power-cost to run those rigs, but at least it is something, you want them to run the rigs on some other project that doesn't return anything at all.

That doesn't make much sense to me.
Some people donate to charity too.  That doesn't make much financial sense either.
Nothing wrong with donations.
It's not about which of both make financial sense, it's about what you think is a good cause.

Is BOINC/folding/ET-search a better cause and thus more worth donating to, than having a free (as in freedom) payment network?

Said this on some other thread already, but anyway:

When I started mining (and that was back around the time when 1BTC was less than $0.01) I only did it because i thought having a free (as in freedom), decentralized, secure, non-government-related, non-bank-related payment network was a very nice idea worth donating some of my CPU-cycles to.
And that hasn't changed yet, it's still a good idea and nice to have, worth donating to, even if that means i have to actually pay something for it.

I can't really say it's worth donating to BOINC or similar, I simply don't know, nor does anyone else.
Even if someone folds some proteins (or makes donators do so) and finds the cure for , those that are in deep need for it probably don't get/can't afford it anyway and only the Pharma-Mafia profits.

Anyway, it's your resources, your choice how to use it and what to use it for.  Cool
legendary
Activity: 1400
Merit: 1005
If ASICs do come around and people plan to quit mining they probably do so because they don't get any high returns anymore.
Now what you ask them to do will give them even less than that, instead of keep mining for maybe 1, or 2 bitcents a month, which is way less than the power-cost to run those rigs, but at least it is something, you want them to run the rigs on some other project that doesn't return anything at all.

That doesn't make much sense to me.
Some people donate to charity too.  That doesn't make much financial sense either.

You can ask the aliens for a quantum mining rig when they get here.
I've never been involved in the SETI@home program.  I think aliens and other intelligent life is utter nonesense.  But that doesn't mean I think people have no legitimate reason for putting computing power towards such a project.  If they believe in it, why not?
sr. member
Activity: 504
Merit: 250
If ASICs do come around and people plan to quit mining they probably do so because they don't get any high returns anymore.
Now what you ask them to do will give them even less than that, instead of keep mining for maybe 1, or 2 bitcents a month, which is way less than the power-cost to run those rigs, but at least it is something, you want them to run the rigs on some other project that doesn't return anything at all.

That doesn't make much sense to me.
Some people donate to charity too.  That doesn't make much financial sense either.

You can ask the aliens for a quantum mining rig when they get here.
legendary
Activity: 1400
Merit: 1005
If ASICs do come around and people plan to quit mining they probably do so because they don't get any high returns anymore.
Now what you ask them to do will give them even less than that, instead of keep mining for maybe 1, or 2 bitcents a month, which is way less than the power-cost to run those rigs, but at least it is something, you want them to run the rigs on some other project that doesn't return anything at all.

That doesn't make much sense to me.
Some people donate to charity too.  That doesn't make much financial sense either.
legendary
Activity: 3676
Merit: 1495
If ASICs do come around and people plan to quit mining they probably do so because they don't get any high returns anymore.
Now what you ask them to do will give them even less than that, instead of keep mining for maybe 1, or 2 bitcents a month, which is way less than the power-cost to run those rigs, but at least it is something, you want them to run the rigs on some other project that doesn't return anything at all.

That doesn't make much sense to me.
hero member
Activity: 784
Merit: 500
Or use coinlab... Currently with GPUs but I can think of a opening towards fpgas there.
newbie
Activity: 49
Merit: 0
This may be off topic as it doesn't have anything to do with mining, just the hardware used for such.

If ASICs do come around, those with FPGAs should collaborate on something like this if you plan to quit mining. The SETI@Home project is just one of the many BOINC projects out there, but FPGAs seem the best suited for SETI@Home. The FPGA@Home project doesn't seem to have much going on yet but it looks like he could use some help from you guys that know things about FPGAs. Donating those wonderfully efficient, easily re-purposed cycles really could make an impact on that project. Thoughts?
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