Not true. Vegas were launched in 2017 and they still profit in 2020 that's 3 years. It all depends on how core bound an algo is only then FPGAs can shine. Even if they get on memory bound algo they won't be as many times efficient than a GPU on a core bound algo. In which case the next gen GPU will also impact this old FPGA just like it does the old gen GPU.
You're offering justification for Vegas?
My comment was only for the GPU not being profitable after an year is not true. There are several variables. Only heavily core bound algos would have that kind of efficiency gains on an FPGA.
I think GPUs are much better off on memory based algo. The ones that out after so long on ETH are also long away from being 2x efficient than a GPU.
A 5700 Navi GPU can do 55 MHs at 130-140w at wall and costs $350 whereas the FPGA costs $1.5-2k. ROI on the GPU is 6-7 months as of today whereas on that FPGA it's 2.5-3 yrs. Will ETH be even mineable for next 3 yrs?
I also like the control you've on GPU to do a lot more than just mining whereas on FPGA you're at the mercy of the dev. I made a mistake to get in early on the Acorns. Not again.
My apologies on thread crapping.
FPGA is not the same old mining game.
When was FKs sold and when did bitstream come out?
Point being FKs were sold almost an year ago and bitstreams that makes sense just started coming out. We already have RTX 3000 series announced and Big Navi coming in soon.
RTX 3080 does 85-115 MHs. (not sure on power consumption but it should definitely be efficient that Turing especially at 85 MHs). A $699 card does that. Nope, I don't see the need to jump into FPGAs for memory bound algos.
I just wanted to come here and say that "this aged well" lol