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Topic: *SCRYPT FPGA* - CryptoIndustries.com - official Bitcointalk thread (Read 18629 times)

hero member
Activity: 560
Merit: 500
Minds are like parachutes they work best when open
Sorry for the delays in feedback. Unfortunately in last few months we made the business decision not to go ahead as the potential risks were not evenly weighted with profits that could be made. We did however sell our IP to a foreign group who I believe are making the machines for their own farm. There is a potential for a public release but I would leave this to them. Sorry for not giving our feedback sooner, we only literally signed over to the buyers.

Currently I feel many of the companies are going to experience a lack of profit making, the only ones to succeed would be those who already have the production lines setup. Unlike Bitcoin (SHA256) miners the demand wont be as much, and not due to any other reasons but bad timing. If we werent experiencing downward pressure on prices Im pretty sure we'd see a big demand for scrypt miners, but fact is the only offerings are 5 figures plus which unfortunately price many people out (hobby enthusiast). If anyone has any other questions please feel free to PM myself.

Koolio
sr. member
Activity: 384
Merit: 250
Well it's march 12th and it seems like a dead end. I know Kramble updated his github in feb on it but it just seems to run in to all sort of problems, challenges.. Friend of mine is trying the same thing together with an FPGA specialist. They give it six months then is has to be up and running, or bust...

This project is nothing to do with me (except that it may have taken some input from my open source code).

And my project is pretty much dead in the water. Scrypt is just not economic in FPGA, and the forthcoming ASICs will only make that worse. So I've moved on (Blake is much more FPGA-friendly, and Keccak and Groestl also have some potential).
sr. member
Activity: 249
Merit: 250
Well it's march 12th and it seems like a dead end. I know Kramble updated his github in feb on it but it just seems to run in to all sort of problems, challenges.. Friend of mine is trying the same thing together with an FPGA specialist. They give it six months then is has to be up and running, or bust...

Cookie.
hero member
Activity: 1276
Merit: 622
When are these shipping? Any prices yet? Looks like it's vaporware... Sad

no updates for a few weeks?

With no updates for 2+ months I'm calling this project dead...

And since both Koolio and Motaboy don't seem to have the gems to admit it publicly I wouldn't order from them even if they resurect the project some time in the near future.
legendary
Activity: 2128
Merit: 1002
When are these shipping? Any prices yet? Looks like it's vaporware... Sad

no updates for a few weeks?
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
would a beaglebone be a suitable replacement for the Rpi?

I don't see why not.
newbie
Activity: 42
Merit: 0
would a beaglebone be a suitable replacement for the Rpi?
newbie
Activity: 28
Merit: 0
it's a raspberry pi with some fpga's on it...

a raspberry pi is operated from an SD card with a linux distro; usually raspberian...

Why for crying out load would you create a 19" system (obviously designed for datacenters) that is trusted on an SD card operated machine?

don't get me wrong; i LOVE raspberries; but not for mining... they are sloowwwwwwwww and doing many read/write requests to an SD card makes it corrupt.

I for sure don't want to have to drive to a datacenter every day to replace SD cards....
member
Activity: 98
Merit: 10
Koolio? Sup mang whats the word you still doing this or not?
Sup mang!
copper member
Activity: 1380
Merit: 504
THINK IT, BUILD IT, PLAY IT! --- XAYA
When are these shipping? Any prices yet? Looks like it's vaporware... Sad
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
I'll buy 10 units please.
member
Activity: 99
Merit: 10
Looks insane expensive
sr. member
Activity: 434
Merit: 250
Koolio? Sup mang whats the word you still doing this or not?
sr. member
Activity: 252
Merit: 250
if this compared to gpu rigs it should cost less than equivalent mhs rig despite the power consumption because its only question of time until it mines zero coins and then gpu rigs can be sold unlike these miners which will be worthless
hero member
Activity: 1276
Merit: 622
$3000 is too expensive for 1MH that can only mine a couple of scrypt coins. It would make more sense to just buy a 2 GPU or even 4 GPU rig, even with the power costs.

Indeed... Smiley

FPGAs are only interesting in the long run (takes longer for ROI), because of lower power cost.

And since ASICs are already on the horizon the long term viability is now higly questionable. Looks like we will be jumping over FPGAs for scrypt. I would consider buying one if it was available today, but a preorder with 3 months wait time is just too much.

It seems to me that Koolio and Motaboy have already come to that conclusion a long time ago, but failed to inform us. They have been silent since the start of November. They are probably looking into ASICs like all the others have done.

Alpha-tech and jasinlee (Fibonacci Inc., former LTCFPGA): both abandoned plans for production using FPGA chips and started ASIC development.

The coming months may prove me wrong, but i'm pretty confident about this prediction...
member
Activity: 109
Merit: 11
On a short range view all Coineers need to recalculate as all coin prices are dropping...

Or did I miss a coin which wasn't affected by recent crash?

Regarding the Horus: NICE!

Advantages:
- high efficency compared to GPU
- less management effort compared to common mining rigs
- performance does not kick out GPU mining hardware from start

Disadvantages:
- only few Altcoins supported
- the race for non GPU hardware has started again
full member
Activity: 193
Merit: 100
interesting times
hero member
Activity: 770
Merit: 500
hero member
Activity: 574
Merit: 500
So... Alpha Technologies have begun their announcements... Is CryptoIndustries still for real?
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
$3000 is too expensive for 1MH that can only mine a couple of scrypt coins. It would make more sense to just buy a 2 GPU or even 4 GPU rig, even with the power costs.
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