Topic: *SCRYPT FPGA* - CryptoIndustries.com - official Bitcointalk thread - page 3. (Read 18618 times)

Which is ridiculous because asic's can mine scrypt too. The reason people say scrypt is "asic proof" is because the scrypt algorithm requires a good deal of high speed memory which most asic's don't have. A dedicated individual or company could produce an asic based scrypt miner if they design it to provide sufficient memory. We are years away from that most likely. The asic market is just kicking off with bitcoin so don't expect to see scrypt fpga's or asic's for some time

Agreed.

The whole point of SCRYPT was to hardware proof against ASICS.

i doubt these fpgas will beat undervolted 7970 by much at all, maybe some weak amount like 30% and yet cost 3x the price. Not worth it.

It will be around 1$ per KH/s meaning 10 grand for 10000 khs...not even worth bringing the product to market at these prices

i'm going to guess and say they are trying hard to find the right chips for a decent price.

not going to be easy.

Another week passes and no news from the OP....

Definitely keeping an eye on this.

Low? If they sell units at cost and keep portion of batch 1 to produce profit it can be done

Nothing new on their site either...I want to give them my money but they wont let me yet

And I agree $150/Mhash is low. Quick assessment in my head and I wouldn't be surprised to see double that number at least.

I think these units will be closer to six to eight times that amount.

Only one post in the last week and it wasn't from the OP...

Price has to be in the ball park of $150 per Mhash for it to have any sensible ROI

Here is my math:

10Mh unit = $1500

Dustcoin return on LTC  1 month at current diff = $605

2.5 months to break even without POWER (1500W @ 0.9kWh $98.62 per month) NOT counting Difficulty changes .

So if price is $150 per Mhash realistically we are looking at a 4 month return at best and this time frame in such uncertain venture seems crazy.

All FPGA miners would basically have to agree not to sell a single LTC for 6 months along with all sales of machines to be done in LTC, which you will also hold for 6 months prior to dumping, in order to corner the market and artificially balloon prices to a more sensible level. Which can be done in theory, if coordinated, but risk is still quite high. Ideally price would be at $100/Mhash which will cause a natural price influx and unbelievable sales for you guys, question is can you get your manufacturer costs to this level and stay profitable ... time will tell.


One solution would be for you to hold 15-25% of the equipment and mine it until the break even point is reached, then and only then release 2nd batch.

Please for god sakes dont be BFL i beg you!

  

If your price point is higher, then it would make more sense to buy and hold LTC / NVC and let newbs repeat same mistakes, while comfortably see diff rise and cash in on experience as we all know some one will def buy these no matter what you sell them for...

Sounds promising , keep up the good work. :+)

Obviously with bitcointalk being down there was a lack of information being posted here. We have much more details regarding the maths and processes of the hardware on litecoin forum. However if you want to post any questions here, either myself or my technical partner will be glad to answer. Please note pricing questions cant be answered as this will be made public to everyone is due course.

I thank you for reading our thread,

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Our testing regime is actually an hour or two per machine. We've already promised quick delivery times

We havent opened for preorders yet, dont worry lol

Reserved

When FPGA and ASICs come to scrypt, GPU will go back to where it belongs, Gamers!!!

Quick sell me all of your GPU's before it is too late! 

Nice one, very interested in it and when can you guys confirm the price? Horus seems like a good choice