Author

Topic: GPGPU Mining? Maybe! (Read 1604 times)

legendary
Activity: 1027
Merit: 1005
October 09, 2012, 03:30:28 PM
#8
I actually sat in on a presentation last week from AMD. One of the things they talked about was this , GPGPU and the first thing I thought of was Bitcoins...

Well, CoinLab, for instance, is building a client meant to offer GPGPU cloud computation service and is hoping to draw from Bitcoin mining's excess GPU capacity (which will greatly expand once either "halving day" (block 210,000) arrives or ASICs start shipping in number.

Oddly, AMD GPUs yield more of their loyalty points now than NVidia, but once GPGPU computation rather than mining is the desired activity, NVidia hardware will yield better.    So, if you have both AMD and NVidia, perhaps mining today through CoinLab will build up enough loyalty points to then be able to further milk the NVidia cards after halving day.

 - https://bitcointalksearch.org/topic/ann-coinlab-protected-pool-99643

I am currently mining with coinlab, actually.

I just dont imagine that once these are available that they will outperform the top GPU's at that time. Or even the ones out now... Plus you can only get a motherboard with 4 CPU's vs 8 GPU's.

No facts, just my thought...
legendary
Activity: 2506
Merit: 1010
October 09, 2012, 02:31:12 PM
#7
I actually sat in on a presentation last week from AMD. One of the things they talked about was this , GPGPU and the first thing I thought of was Bitcoins...

Well, CoinLab, for instance, is building a client meant to offer GPGPU cloud computation service and is hoping to draw from Bitcoin mining's excess GPU capacity (which will greatly expand once either "halving day" (block 210,000) arrives or ASICs start shipping in number.

Oddly, AMD GPUs yield more of their loyalty points now than NVidia, but once GPGPU computation rather than mining is the desired activity, NVidia hardware will yield better.    So, if you have both AMD and NVidia, perhaps mining today through CoinLab will build up enough loyalty points to then be able to further milk the NVidia cards after halving day.

 - https://bitcointalksearch.org/topic/ann-coinlab-protected-pool-99643
legendary
Activity: 1027
Merit: 1005
October 09, 2012, 02:01:24 PM
#6
I actually sat in on a presentation last week from AMD. One of the things they talked about was this , GPGPU and the first thing I thought of was Bitcoins...

However, I really really really dont think it will compete with ASIC...
legendary
Activity: 1946
Merit: 1006
Bitcoin / Crypto mining Hardware.
October 09, 2012, 01:09:55 PM
#5
http://seekingalpha.com/article/912961-amd-and-oracle-announce-gpu-accelerated-java-an-investment-opportunity

Read this article and let's discuss if GPGPU will affect Bitcoin Mining. 

Who overturned that piece of rock?
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
October 09, 2012, 11:03:12 AM
#4
0/10
legendary
Activity: 952
Merit: 1000
October 09, 2012, 10:20:03 AM
#3
-_-
sr. member
Activity: 283
Merit: 250
October 09, 2012, 10:15:46 AM
#2
Can't tell if joke or serious...
full member
Activity: 170
Merit: 100
October 09, 2012, 09:54:12 AM
#1
http://seekingalpha.com/article/912961-amd-and-oracle-announce-gpu-accelerated-java-an-investment-opportunity

Read this article and let's discuss if GPGPU will affect Bitcoin Mining. 
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