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Topic: FPGA miner for altcoin - page 5. (Read 4204 times)

jr. member
Activity: 266
Merit: 2
March 20, 2018, 03:58:24 PM
#25
the usb one sounds fun as hell imo
jr. member
Activity: 148
Merit: 9
Contact [email protected] for our FPGA miner info!
March 20, 2018, 03:51:36 PM
#24
FPGA miners sound cool and scary for me at the same time (being a GPU miner). I know you can use FPGA to mine almost anything when you know how to generate a bitstream (?) for the algo you want to mine.
FPGA seems the way to go if the:

Price is normal (everyone is able to buy, not like ASICs. Keeps the network decentralized)
Hashrate is high
Power usage is really low

the power consumption is almost guaranteed to be low due to the advancement of fpga hardware technology in recent years. between hashrate and price you need to strike a balance, however, but to me i think to make it cheap and accessible to people is more important.
full member
Activity: 602
Merit: 106
March 20, 2018, 03:18:52 PM
#23
FPGA miners sound cool and scary for me at the same time (being a GPU miner). I know you can use FPGA to mine almost anything when you know how to generate a bitstream (?) for the algo you want to mine.
FPGA seems the way to go if the:

Price is normal (everyone is able to buy, not like ASICs. Keeps the network decentralized)
Hashrate is high
Power usage is really low
jr. member
Activity: 148
Merit: 9
Contact [email protected] for our FPGA miner info!
March 20, 2018, 02:22:36 PM
#22
I would consider it, if it was well supported.  Xilinx or Alterra?

Thank you for the interest. we are now custom designing pcb board for xilinx fpga.
newbie
Activity: 78
Merit: 0
March 20, 2018, 02:15:05 PM
#21
I would consider it, if it was well supported.  Xilinx or Alterra?
jr. member
Activity: 148
Merit: 9
Contact [email protected] for our FPGA miner info!
March 20, 2018, 01:18:11 PM
#20
Hi man, i am trying to msg you but you set no msg from new_bie, which i am here.  Grin

do you mind send me a private message? i am here with an oppty for you. Grin

email also works. mine can be find in my profile.
thank you!
Rochester

sorry man i haven't logged in for a while and missed your post, would you mind sending me a pm with your email address? because i don't see that from your profile, probably because i am also a newbie?
thanks.
jr. member
Activity: 148
Merit: 9
Contact [email protected] for our FPGA miner info!
March 20, 2018, 12:22:13 PM
#19
As far as I understand, the payback of such equipment is at the level of 6+ months. Now it seems to me, given the unstable market it is very risky.

what is the reasonably ideal payback period in your mind?
jr. member
Activity: 148
Merit: 9
Contact [email protected] for our FPGA miner info!
March 20, 2018, 12:05:41 PM
#18
"Mid-range"?

If I assume that is an RX 570... That card can get 600-800 H/s on Cryptonight and 28-30 MH/s on ETH...

On both of those with electricity you would make $0.80 to $1.50 per day.

That is almost a 1 year break even...

with the reduced power it is almost the same as buying a mid-range cpu. I'd probably buy the GPU... Now $250, different story...

Cheaper, just as fast or faster, and less power sells.

I hear you . the price of those dedicated miners are outrageously high nowadays. we will be working hard to control the price to below $200, and performance as good as RX 570 type of GPU.
jr. member
Activity: 148
Merit: 9
Contact [email protected] for our FPGA miner info!
March 20, 2018, 11:54:12 AM
#17
Consider making of non-standard (incompatible to NOMP etc) pool for these miners to not disclose the algorithm's name. Just disclosing the name of algo will ruin your business immediately. FPGA developers will build their miners for that altcoin, and altcoin developers may wish to change POW algorithm.  Please think about it.

Also your pool solves the problem of devfees.

it is a valuable advice, thanks! just see what happened to monero when antminer x3 is introduced to market...
Miz
member
Activity: 336
Merit: 12
March 18, 2018, 03:50:20 PM
#16
As far as I understand, the payback of such equipment is at the level of 6+ months. Now it seems to me, given the unstable market it is very risky.
newbie
Activity: 7
Merit: 0
March 14, 2018, 11:32:46 PM
#15
For me personally price is key factor. I would not pay whopping 500$ for it.

good point, nobody wants to invest in that much $$$ for a miner which has low resale value. the reason i said $500 is that price range i can manage to compete with the GPU miner at 1/10 of its power consumption. but maybe that's not what miners want? you would prefer $100 fpga miner with only 1/4 of GPU hash rate?

Thanks.
it is not about the resale value from my perspective. all about the efficiency and profitbility of mining and flexibility of switch on altcoin to another, no?
member
Activity: 247
Merit: 59
March 14, 2018, 09:21:31 AM
#14
"Mid-range"?

If I assume that is an RX 570... That card can get 600-800 H/s on Cryptonight and 28-30 MH/s on ETH...

On both of those with electricity you would make $0.80 to $1.50 per day.

That is almost a 1 year break even...

with the reduced power it is almost the same as buying a mid-range cpu. I'd probably buy the GPU... Now $250, different story...

Cheaper, just as fast or faster, and less power sells.
jr. member
Activity: 59
Merit: 1
March 14, 2018, 09:20:00 AM
#13
Consider making of non-standard (incompatible to NOMP etc) pool for these miners to not disclose the algorithm's name. Just disclosing the name of algo will ruin your business immediately. FPGA developers will build their miners for that altcoin, and altcoin developers may wish to change POW algorithm.  Please think about it.

Also your pool solves the problem of devfees.
newbie
Activity: 7
Merit: 0
March 14, 2018, 08:04:33 AM
#12
Hi man, i am trying to msg you but you set no msg from new_bie, which i am here.  Grin

do you mind send me a private message? i am here with an oppty for you. Grin

email also works. mine can be find in my profile.
thank you!
Rochester
jr. member
Activity: 148
Merit: 9
Contact [email protected] for our FPGA miner info!
March 06, 2018, 02:40:57 PM
#11
For me personally price is key factor. I would not pay whopping 500$ for it.

good point, nobody wants to invest in that much $$$ for a miner which has low resale value. the reason i said $500 is that price range i can manage to compete with the GPU miner at 1/10 of its power consumption. but maybe that's not what miners want? you would prefer $100 fpga miner with only 1/4 of GPU hash rate?

Thanks.
newbie
Activity: 210
Merit: 0
March 06, 2018, 02:25:03 PM
#10
For me personally price is key factor. I would not pay whopping 500$ for it.
jr. member
Activity: 148
Merit: 9
Contact [email protected] for our FPGA miner info!
March 06, 2018, 02:20:16 PM
#9
With new nvidia cards coming out, this FPGA will be making less and less money. And at some point it won`t be worthwhile any more. At least gpu`s can be sold to gamers.

you are right, but technically, from the hash/power efficiency perspective, the gpu can never beat fpga, just like fpga can never be faster than ASIC (which also requires millions $ investment). but like you said gpu is generic and has resale potential. but fpga is versatile, we can custom build the product the way miners want. what would make you to buy a fpga miner? does any of the designs i proposed appeal to you? thanks.
jr. member
Activity: 148
Merit: 9
Contact [email protected] for our FPGA miner info!
March 06, 2018, 02:03:03 PM
#8
Depending on that what coins can be mined with your fpga, but i think there will be buyers for this, if this 1/10 of power is true it will be tempting for countries with high electricity prices. People were skeptical about bitcoin fpgas but ended buying them at loads until the ASICs came.
Will be interesting to post more info about this development!

What about selling it at lower price like 350 and getting a percentage from mining like the miners devs do? Of course there will be a problem with people trying to avoid your devfee Smiley

HI thank you for your interest, I will definitely keep you updated when rubber hits the road! right now we are still working on prototyping our miner design on development boards from different fpga vendors. the fpga devices nowadays are made very power efficient, if a typical gpu takes 150W when mining, i think it is very likely to achieve the same level of hashrate with only 15W power intake.
the price is just a rough number as we haven't run through all the numbers with our suppliers.. technically it would be little tricky to implement a dev fee, and morally i am against it  Wink (no offense) I wouldn't sleep well to take a percentage of miners' hard mined coins...

Yes please take a look at the big and tiny designs i proposed in another reply i would like to know what miners want the most, time has changed since bitcoin fpga era, we should consider changing the design if the is demand from miner community. thanks.
jr. member
Activity: 148
Merit: 9
Contact [email protected] for our FPGA miner info!
March 06, 2018, 01:43:39 PM
#7
So 2.50 a day profit or so, almost no power draw for $500 bucks.. at a ROI of more than 6 months, I would pass. At least I can reuse and sell gpus easily. A fpga that can lose its value quick due to competition would be a poor choice. Someone will use a cheaper board and make a faster one. I know a few programmers here that have made fpga miners. They could potentially make a better version pretty easily. Maybe if price was lower I would go for it..

thank you for your valuable inputs. I am a GPU miner myself and it would also be my no.1 concern of no resale value when buying those dedicated fpga/asic miners.
so what would make you buy a fpga miner? you mentioned the price, currently there are two designs in my mind but i don't know which one customers would prefer:

1. a "big" fpga board with 2 or 4 cores on it, the hash power can beat a graphic card, with only a quarter of its power consumption. priced around $400-$800 (depending on the number of cores), most efficient hash/power and better hash/cost perhaps.
2. a "tiny" fpga mining usb stick. It would look a usb flash drive with heatsink on it (as showed in the link below). it has only one fpga core on it, maybe only a quarter of the GPU miner hash power, but power consumption is tiny as well, as it is powered solely from the USB. priced around $100 (i haven't run through all the numbers yet, just rough one). potentially you can connect multiple of those sticks on a usb hub with good power source. you can also take it with you and plug in your laptop and mine anywhere you want! this would be less efficient in hash/power and hash/cost if you compare to the big one though.
https://www.amazon.com/GekkoScience-2-Pac-Compac-Bitcoin-BM1384x2/dp/B06XBWK2W5/

I agree with you there are so many talented fpga/asic programmers here, but the design, manufacture and validation cycles may cost time and money. during which time we can constantly improve our design to make it more competitive.
newbie
Activity: 210
Merit: 0
March 06, 2018, 05:40:45 AM
#6
With new nvidia cards coming out, this FPGA will be making less and less money. And at some point it won`t be worthwhile any more. At least gpu`s can be sold to gamers.
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