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Topic: Can someone convince me why the Scrypt "ASICs" would make much difference? - page 2. (Read 2148 times)

full member
Activity: 210
Merit: 101
From the specs I can see, it will cost $2223 for AT's "Viper", which produces 5mhs.  The value to the buyer is 2.25 khs per dollar

Right now, if you shop smart, you can buy 4 5870's, Motherboard, PSU, CPU, ram, a few risers and other components for under $700 and produce 1.6mhs.  The value is 2.28 khs per dollar.

There definitely are many factors which add value to the ASICs, including power savings, lower barrier to entry, and the fact that they may depreciate in price more so than the GPU's (adding to their value per khs).  I guess even a small advantage is still an advantage, but I'm failing to see how these ASICs greatly effect the viability of GPU scrypt mining, or would even be significantly preferable (if at all) to traditional GPU mining.

I would avoid/ignore everything to do with scrypt "ASICS" because a lot of them are scams and have yet to provide any proof of their existence. Fact of the matter is this: scrypt needs lots of fast RAM and fast RAM is expensive, so even if they could make ASICS, it's unlikely they could offer more than a Radeon card. Think about it logically, Radeon are experts in the field and know how to make fast RAM for the lowest amount of money, it's their business so they need to know. Anyone who does make an ASIC won't be able to make one notably better than a 7990, and even if it is slightly better, it can only be used for mining and nothing else, unlike a graphics card.
hero member
Activity: 714
Merit: 500
It will be marginal.  ASICs for scrypt coins will not have the same impact that they did for sha256 coins.  Preliminary calculations for existing FPGA solutions being migrated to ASIC fabrication so a very small gain.  Taking into account the cost of starting an ASIC fabrication means that there is little to no profit in it.  At the rate that difficulty is increasing the Alpha Technologies ASICs will be less efficient than the next generation AMD GPUs that will come out the same time.

This s why I think that Alpha is a scam.  They cut their refunds for preorders the closer they get to delivery.  When people realize that the ASICs will be no better than the GPUs available at that time they will already be locked into the prices with a large loss in resale value.

The largest impact they will have is that they will allow affordable mining operations in locations that have high electricity costs.  To any miners operating in in regions where the elec cost is .10/kW or lower it has little effect.
full member
Activity: 173
Merit: 100
From the specs I can see, it will cost $2223 for AT's "Viper", which produces 5mhs.  The value to the buyer is 2.25 khs per dollar

Right now, if you shop smart, you can buy 4 5870's, Motherboard, PSU, CPU, ram, a few risers and other components for under $700 and produce 1.6mhs.  The value is 2.28 khs per dollar.

There definitely are many factors which add value to the ASICs, including power savings, lower barrier to entry, and the fact that they may depreciate in price more so than the GPU's (adding to their value per khs).  I guess even a small advantage is still an advantage, but I'm failing to see how these ASICs greatly effect the viability of GPU scrypt mining, or would even be significantly preferable (if at all) to traditional GPU mining.
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