Topic: the RISK of FPGA mining - page 2. (Read 16759 times)

Thanks, I can be a "little" dramatic trying to make a point sometimes. There's a lot of FUD circling around and these FPGA can be a source of good for the community and tech as a whole. I think once the coin developers start to realize what is possible on their coins by specifically targeting these devices things will change. I'm not speaking of proof of work (hashrates / performance), but actual useful work that can be accomplished.

Even if we did swap 10 million gpus over to 10 million fpgas reducing total power consumption by 1.5GW and yes, we've lowered the gap between ASICs and average miners; But, we're still spending 1.5GW doing useless/meaningless work. It's power enough for a small city and it's being used to prove it's being used.

Most of you guys tend to forget one think in comparison between CPUs, GPUs, FPGAs and ASICs


While CPUs and GPUs are generally available in all countries around the world and anyone can buy them from the shop, without the need to get in touch with customs etc.


FPGAs and ASICs are not available everywhere.

Thank you vapourminer.   

I agree with you and believe that FPGAs are a good step towards reducing the total energy consumed by crypto mining, as well as being a viable alternative to ASIC monopoly. The only problem I have with FPGAs is that they are more or less CENTRALIZED.

Why? Because getting an FPGA to mine crypto is technical. Not everyone, most especially your non-techy people, will be able to configure and run an FPGA. Although in the future, devs may release an extremely user friendly software for FPGAs, that is a long time further and besides, the cost of a single FPGA is also restrictive. Point is, FPGAs could be harmful to crypto blockchains because of the centralization of hardware to companies/individuals with deep pockets and who know how to use them.

https://discord.gg/jdw8jZB

Dude, there is not a unlimited storage or production of FPGA's. There are only a few FPGA's currently on the market and look how much GPU's are floating around the globe. Im not sure about the amount of FPGA's, but Im sure that if we have just for example 10 Million GPU's there will be only like 50k FPGA's.
So just calculate that again, if the FPGA's only take 150W and one GPU 100-300W depend on the model!

Why should consumption be lower? People will just add more asics or FPGA because right now electricity is the limiting factor. So there's no way global consumption will reduce.

@Sensless, im a big fan of your guys work. This will really change the future and we will have a really low power consumption for people around the world. Im a hobby miner and im paying 0.3$ per kW and this is really sad, im not making much profits but i love it.
The price of a FPGA is a lot currently so i cant afford it. But im sure it will change in the future.

Please dont get mad of this comments here on bitcointalk. There are a lot of douchebags that even dont know how hardware works.
Just keep the good work!

This invite has expired.  Do you happen to know of another?  Thank you...

FGPA were never a threat to the markets ever, even during the Bitcoin days.

The reason why is because there is a very low supply of FGPA manufacteurs out there. Exponentially smaller than GPU manufacteurs and even smaller than the ASICs that are produced.

I don't Xilinx and all the other FGPA manufacteurs will step up production just so a few people can mine XMR at an excellent rate.

Each hardware has his own space in the cryptomining ecosystem...... FPGA is not suitable (profitable) for ETHASH algo.... but with TRIBUS, you could get 2100 MH/s (Keyco),  that means 30$/ per day  or  ROI in 6,5 -7  months (with low electricty cost ) , with ONLY 1 card... and with less wattage usage than a full GPU Rig.... so you will save in OPEX cost, .... the PROS  for FPGA its absolutely  programmable,  the CONTRAS,  you need know enough low -level  programming skills in order to develop  the bitstream for each algo you want to  use.

This honestly is going to be the next gen GPU mining. I dont know about getting them cheaper than regular GPUs, but if you can do what you say more power to ya!

I do believe this because on doing my own research Ive found that most corporate clients should be using FPGAs rather than GPUs because of the differing variability and lower power usage but they simply cant get the devs for it. This is going to be the next gen, IMHO

I really keep my attention close to this new approach; how the FPGA mining technology will turns out.
It's interesting yet so risky considering that all people and big company doing this arm race.
Personally I really want that the FPGA mining able to close the gap with current situation with ASIC miner.
But let's see is it really sensible anyhow.

FPGA's are different from ASIC, because once you stamp out an ASIC, it's done... You ship it as is... Something changes, or you want to mine another algorithm? Tough... It was printed that way.

FPGA... the FP means FIELD PROGRAMMABLE. Means you dont need special tools to rewrite the function of the gates in the FPGA. The GA means GATE ARRAY.
5 years ahead of GPUs in AI. Actually used to design the GPUs you think are so friggin powerful.

Now we have SINGLE FPGAs that do the work that used to take dozens and even hundreds of CPLDs or FPGAs...

And these simpletons want to live in denial... Oh they can never replace my GPU... They could never do what a CPU can...  Bwahahaha...

Stop your self bullshitting.

Also, as to the argument that poorer countries cannot get them?  Poorer people cannot get them?
I submit to you, that 3 and 4 generation old FPGAs can be clustered. They can be bussed together, adding SRAM or SyncDRAM to them, (CHEAP, and FAST at those lower clockrates), and a cluster of moderately powered FPGAs could be tasked to do what these 10th generation PLDs can do, just at a slower rate per chip, and with less logic per chip. The bitstream can come from any JEDEC compatible flash device, or even from an MCU running a JEDEC emulation of a flash chip...


Something nearly twice as powerful could be made for 1/3 the cost of the new 10th gen FPGAs, just requiring a little more engineering.

Stop guessing about what you don't understand.

30 devs working on FPGAs would definitely be a sight to see.

I'd just like to change things up a bit and say THANK YOU, senseless and GPUHoarder, your work on bringing these FPGAs to the masses is phenomenal and will surely healthy for crypto in the long run. People have placed their trust on you for a reason and I wish nothing but success for your endeavors. Good luck!

there is a rule.

The more hashrate you put on a coin, the faster you end it. A coin cannot be mined for ever right?? Crypto market is not the market where you can crash a coin by hard-mining it, and when it goes PoS then change to another coin that will be as valuable as that one and continue thinking you´ll have the same profit.

This example ilustrates it all: https://www.youtube.com/watch?v=k4tjn3VVPis

This is what you guys are doing. By centralizing the hashrate in big machines, leaving not wealthy asside because they cannot pay that hardware, you destroy the possibility for others to live. For example, in Venezuela, and other countries, this cryptomarket is helping people to pay bills. This is possible because the hashrate has not gone up with ASIC mining and others making mining unprofitable for gpu miners.  

Capitalism SHOULD NOT BE A WAY OF DESTROYING POOR PEOPLE BY CENTRALIZING THE MARKET. This market was not meant to be done by rich. And if this has become like this, i wish it dies as soon as possible.

Decentralization, the most claimed award for this market is , according to you, DEAD, since by pulling this machines online, you´ll make unprofitable mining for everybody except you.

But even considering you did not care about it, the more hashrate , and faster (because this machines mine much more), the increase in difficulty can also take you down by the greed of others.

GPU's let people enter this world, because the hashrate is not bound to increase a lot in a short period. ASICS and whatever shit you like, can increase hahrate to some extent that in a short period your machine will not give you any profit.

Endeed, someone said that at a price of 6000$ for BTC would not be profitable for ASIC miners, as the costs and difficulty would leave no profit.

I understand you are pushing your own agenda. And also your own money. Greed has achieved this: BTC , mined only by ASIC is the MOST CENTRALIZED MARKET TODAY. 70% of all the hashrate is in China and controlled by chinesse people.

some people are claiming that this people are selling cheaper their coins (not passing through exchanges) because that money would be "black money" without taxes and controls. Also, if those people are selling coins asside from the market, the market would see NO DEMAND, when in fact there is.

I will never support you guys. I will never support greed.

I don't know the big miners and bitmain will always be ahead of regular miners they have alot of money to burn and some of the best people working for them, hopefully someone will come up with a way to beat both and make a algo that can only be mined cpu/gpu the only way for pow to be decentralized is to be mineable by hardware that's accessible to everyone anywhere at a reasonable cost

FPGA for home miner will be used for established coin on established algo.
Developpers who work for themselves can produce the bitstream and mine without publishing their work and can adapt to new algorithm faster.

Crypto space is too dynamic. Timing is everything. I was mining Bytom with GPU from the very beginning of mainnet. Now difficulty is higher and I'm holding long term what I mined. Did You do the same with FPGA?
As I like to be diversified (CPU, GPU, ASIC, trading), I would enter FPGA mining if I see realized plans of having number of developers interested, publishing algos fast enough and competing with fees over miners.

You mean 5-10x performance for the same power consumption as a GPU is a joke ?
Well you have some particular sense of humor