Hmm interesting. Someone should try it. I'm not familiar with programming FPGA's to do this.
Neither do I. But .. since I can but a birthday present for myself, I'd have a sp605. One needs a hobby
Topic: Litecoin ASICs (Read 9912 times)
Neither do I. But .. since I can but a birthday present for myself, I'd have a sp605. One needs a hobby
I imagine any actual BTC FPGA could be used, firmware re-writed and mine LTC... anyone know if someone working on it ?
the FPGA would need lots of on board memory.
You only need to connect the FPGA to memory and you're set. That said, when it's economically feasible, they will do it. Until then, gpus!
you can probably use an sp605, which has 128mb of onboard ddr3 memory. no idea how fast it'd be, though.
Hmm interesting. Someone should try it. I'm not familiar with programming FPGA's to do this.
I imagine any actual BTC FPGA could be used, firmware re-writed and mine LTC... anyone know if someone working on it ?
the FPGA would need lots of on board memory.
You only need to connect the FPGA to memory and you're set. That said, when it's economically feasible, they will do it. Until then, gpus!
you can probably use an sp605, which has 128mb of onboard ddr3 memory. no idea how fast it'd be, though.
I imagine any actual BTC FPGA could be used, firmware re-writed and mine LTC... anyone know if someone working on it ?
the FPGA would need lots of on board memory.
You only need to connect the FPGA to memory and you're set. That said, when it's economically feasible, they will do it. Until then, gpus!
I imagine any actual BTC FPGA could be used, firmware re-writed and mine LTC... anyone know if someone working on it ?
the FPGA would need lots of on board memory.
I imagine any actual BTC FPGA could be used, firmware re-writed and mine LTC... anyone know if someone working on it ?
How about Larrabee? http://en.wikipedia.org/wiki/Larrabee_(microarchitecture)
Intel Larrabee is x86 compatible GPGPU device. I thought, after some minor changes and recompilation, it could work with current miners.
Intel Larrabee is x86 compatible GPGPU device. I thought, after some minor changes and recompilation, it could work with current miners.
I don't think there will be any LTC ASICs any time soon. I suppose its possible, but LTC FPGAs are a whole lot more likely. LTC FPGAs I'd be happy and fine with. ASICs, ehhh. They have caused too much controversy so far, so I'd rather that they stay away.
As a GPU miner.. i want SOMETHING to stay relevant
It feels like 2010 in the LTC world right now.
I don't think there will be any LTC ASICs any time soon. I suppose its possible, but LTC FPGAs are a whole lot more likely. LTC FPGAs I'd be happy and fine with. ASICs, ehhh. They have caused too much controversy so far, so I'd rather that they stay away.
If anyone is currently in college or associated with a university, chip facilities often offer very, very cheap production runs for educational purposes. I seem to remember my professor in VLSI saying something about getting chips made for students for like 100 bucks. It's like the "student edition" of microsoft software, like the copies of Office and Visual Studio .NET that I bought from the university for $3 each.
Interesting...if true, then this should be underway in no time.
If anyone is currently in college or associated with a university, chip facilities often offer very, very cheap production runs for educational purposes. I seem to remember my professor in VLSI saying something about getting chips made for students for like 100 bucks. It's like the "student edition" of microsoft software, like the copies of Office and Visual Studio .NET that I bought from the university for $3 each.
Any news? 
At this point it would be way too pricey to create an ASIC for litecoin right now.
Maybe when each litecoin is like $2-$5?
4 years after genesis block
1/2 total coins mined
Total market cap ~ 100m
~$10 per coin
In theory, LTC should reach there 4 times as fast
I rather have slow growth in price...even with bitcoin, which has been the case lately. Not too fast.
Any news?
At this point it would be way too pricey to create an ASIC for litecoin right now.
Maybe when each litecoin is like $2-$5?
4 years after genesis block
1/2 total coins mined
Total market cap ~ 100m
~$10 per coin
In theory, LTC should reach there 4 times as fast
come on guys.. this is LTC land.. currently free of impending doom of ASIC and block halving..
(im kidding)
(im kidding)
I hope they never come, but at least it'll take a long time from here.
All the more reason to pre-order.
By pre-ordering, in litecoin itself not some other currency, you help ensure the developers that there is in fact sufficient demand to justify developing the product.
Maybe even, the bigger the expense the better, since to manage to get ten million dollars (for instance) worth of litecoins escrowed ready to pay for ASIC development would likely involve litecoins being worth twice as much per coin than if one only escrowed five million dollars worth.
-MarkM-
By pre-ordering, in litecoin itself not some other currency, you help ensure the developers that there is in fact sufficient demand to justify developing the product.
Maybe even, the bigger the expense the better, since to manage to get ten million dollars (for instance) worth of litecoins escrowed ready to pay for ASIC development would likely involve litecoins being worth twice as much per coin than if one only escrowed five million dollars worth.
-MarkM-
Someone needs to actually bother testing the performance on FPGAs first, to see if it's worth scaling to ASICs.
See my post: https://bitcointalksearch.org/topic/m.1237205
If an ASIC miner is made for LTC, I will fork litecoin and adjust the scrypt parameters manually to make it even more memory hard and forever fucked up the mining by FPGA/ASICs.
I sure hope you can afford those ASICS if they ever come out.
LOL by then many will have bought I would think. Unless you have secret funding from the Federal Reserve itself.
All the more reason to pre-order.
By pre-ordering, in litecoin itself not some other currency, you help ensure the developers that there is in fact sufficient demand to justify developing the product.
Maybe even, the bigger the expense the better, since to manage to get ten million dollars (for instance) worth of litecoins escrowed ready to pay for ASIC development would likely involve litecoins being worth twice as much per coin than if one only escrowed five million dollars worth.
-MarkM-
By pre-ordering, in litecoin itself not some other currency, you help ensure the developers that there is in fact sufficient demand to justify developing the product.
Maybe even, the bigger the expense the better, since to manage to get ten million dollars (for instance) worth of litecoins escrowed ready to pay for ASIC development would likely involve litecoins being worth twice as much per coin than if one only escrowed five million dollars worth.
-MarkM-
Someone needs to actually bother testing the performance on FPGAs first, to see if it's worth scaling to ASICs.
See my post: https://bitcointalksearch.org/topic/m.1237205
If an ASIC miner is made for LTC, I will fork litecoin and adjust the scrypt parameters manually to make it even more memory hard and forever fucked up the mining by FPGA/ASICs.
All the more reason to pre-order.
By pre-ordering, in litecoin itself not some other currency, you help ensure the developers that there is in fact sufficient demand to justify developing the product.
Maybe even, the bigger the expense the better, since to manage to get ten million dollars (for instance) worth of litecoins escrowed ready to pay for ASIC development would likely involve litecoins being worth twice as much per coin than if one only escrowed five million dollars worth.
-MarkM-
By pre-ordering, in litecoin itself not some other currency, you help ensure the developers that there is in fact sufficient demand to justify developing the product.
Maybe even, the bigger the expense the better, since to manage to get ten million dollars (for instance) worth of litecoins escrowed ready to pay for ASIC development would likely involve litecoins being worth twice as much per coin than if one only escrowed five million dollars worth.
-MarkM-
Yes, ASICS for LTC could easily be made, just like for BTC.
With enough funding yes. Right now it is a multi million dollar endeavor. Please if it is so "easy" you should have no problem getting it done right?
It would be cheaper for a company to do the same with LTC, as, many have already done for BTC (the foundations have been setup/processing chains from BTC)
I am not an ASIC company, i'd expect any ASIC company that had made/is making one for BTC, would probably say it was technically very easy to make.
Do you not think, if it became profitable for a company to make an ASIC for LTC, just like BTC, they wouldnt do it? It would be factors cheaper compared to the first ones for BTC, and significantly quicker to production/shelf.
I believe they would. Right now it's not worth the cost if LTC fails. LTC is still growing and it's price isn't anywhere near as attractive to an ASIC manufacturer to start production.
That would be cool but i dont see it happening for at least another year.
I do not believe they will anytime soon because they think it's too risky. The LTC exchange rate has nothing to do with it, it's if or if not it's profitable. All the other other alt-chains that modified paramters of BTC go through cycles of large holders pumping/dumping - LTC Charts people get others to buy through various means. If the ASIC developers did not think it was risky, then, they'd develop them now, as mining LTC is profitable Coinotron, it's even, if you ignore the inflated price ready for the next dump, more profitable than BTC.
Yes, ASICS for LTC could easily be made, just like for BTC.
With enough funding yes. Right now it is a multi million dollar endeavor. Please if it is so "easy" you should have no problem getting it done right?
It would be cheaper for a company to do the same with LTC, as, many have already done for BTC (the foundations have been setup/processing chains from BTC)
I am not an ASIC company, i'd expect any ASIC company that had made/is making one for BTC, would probably say it was technically very easy to make.
Do you not think, if it became profitable for a company to make an ASIC for LTC, just like BTC, they wouldnt do it? It would be factors cheaper compared to the first ones for BTC, and significantly quicker to production/shelf.
I believe they would. Right now it's not worth the cost if LTC fails. LTC is still growing and it's price isn't anywhere near as attractive to an ASIC manufacturer to start production.
That would be cool but i dont see it happening for at least another year.
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