Efficiency wont matter till possibly this spring time when Ethereum is basically un-mineable (Equihash is pretty set to take that over though). Up until that point, AMD is earning 2x as much. It doesn't matter what the resale value is on cards unless you plan on reselling them. That was a big deal this spring when Pascal was coming out, Pascal is out. Those cards shouldn't need to be resold till the next Nvidia architecture comes out...
I guess resale value matters if you're planning on reselling your cards for AMD?
It's entirely possible to buy AMD and then resell them when they become unprofitable as well. ROI in 100 days is really fricking fast. After that point, you're just making money on top of them. I'm still using my Maxwell cards for instance... I didn't even sell those yet.
It's very weird that miners prefer a closed miner with fee over an opensource one supported by donations.
A dev fee is a way to make programmers happy. It could've been done with a open source miner with a fee as well. I've mentioned numerous times over the years I'd use a miner with a fee to support developers (2%), doesn't matter if it's open or closed source. I'm not so petty as to not pay a small amount for a product I'm using, even if there are some that are. That aside, the dev fee is there to incentivize continued development (unless you're SP and think there is no purpose to the dev fee except more money). Someone releases a better miner, you no longer get that part of the hashrate, which makes you want to make a better miner and get it back.
It's win-win.
Donations never work. You know how I know that? That amount of whining developers have done in this thread due to lack of donations. I'm not sure why some of you hate a dev fee so much. It's been proven to work over the years. The one time it didn't was back in the scrypt days when someone decided to code in a 30% dev fee, which is pretty ridiculous. Those get torn apart and ripped out. Most people aren't going to bother for 2%.
Efficiency always matter, because if you're using unefficent devices, a great percentage of what you get needs to be given to the electricity supplier.
Efficiency matters the same as the energy cost (Energy "matter" + VAT and other voices, that in EU let us pay even 0.25 EUR/KWh, or 0.28/29 USD/KWh).
@pallas, because of donations won't arrive, due a low competitivity of the kernel itself. Donations arrive, in the initial phase, if the open source kernel is highly profitable, and frankly speaking noone would release such thing without getting a proper compensation. A fee miner instead it's the best way to get a stream of funds, and I could support an honest dev (There's a reason why I don't like the sp behaviour, in opposition to the tpruvot one, which I deeply respect). As simple as that