Topic: the RISK of FPGA mining - page 5. (Read 16737 times)

GPUs were never ideal for mining. Yes, they are reconfigurable, so are FPGA. The nice thing about the FPGA is that the performance ratio is much higher. On a POW network secured by FPGA the cost of entry for an ASIC is much higher for small players. Everyone is so busy worrying about bitmain they're not thinking about the smaller players out there who are developing extremely low cost high level ASICs. For example, the cost of entry for a 130 to 110nm ASIC might be UNDER $100,000 and it would have performance / power ratios multiples higher than a GPU (depending on the algo). And, at these high levels you can very quickly create, verify and print the design. But, when you compare the performance of a 110nm ASIC to a 16nm FPGA, the FPGA would blow it out of the water. Performance comparisons between ASICs and 16nm FPGA would probably start around 45->32nm. This means, if someone wanted to create an ASIC to mine on these coins they'll have to do so at least those levels. This increases the cost, time to delivery, and risk of failure.

What we are working on now is further reducing costs and what I want to see is these devices enter into the realm of GPU pricing. Let's give the video cards back to the gamers and use devices that are more suited for what we need in the crypto community.


We're selling these devices now at the lowest cost anyone has ever publicly or privately advertised these boards for, ever. We were able to obtain an amazing deal and instead of profit taking on that, we're passing it along. Be the change you want to see and support the change you want to see.

GPUs were never ideal for mining. Yes, they are reconfigurable, so are FPGA. The nice thing about the FPGA is that the performance ratio is much higher. On a POW network secured by FPGA the cost of entry for an ASIC is much higher for small players. Everyone is so busy worrying about bitmain they're not thinking about the smaller players out there who are developing extremely low cost high level ASICs. For example, the cost of entry for a 130 to 110nm ASIC might be UNDER $100,000 and it would have performance / power ratios multiples higher than a GPU (depending on the algo). And, at these high levels you can very quickly create, verify and print the design. But, when you compare the performance of a 110nm ASIC to a 16nm FPGA, the FPGA would blow it out of the water. Performance comparisons between ASICs and 16nm FPGA would probably start around 45->32nm. This means, if someone wanted to create an ASIC to mine on these coins they'll have to do so at least those levels. This increases the cost, time to delivery, and risk of failure.

What we are working on now is further reducing costs and what I want to see is these devices enter into the realm of GPU pricing. Let's give the video cards back to the gamers and use devices that are more suited for what we need in the crypto community.


We're selling these devices now at the lowest cost anyone has ever publicly or privately advertised these boards for, ever. We were able to obtain an amazing deal and instead of profit taking on that, we're passing it along. Be the change you want to see and support the change you want to see.

GPUs were never ideal for mining. Yes, they are reconfigurable, so are FPGA. The nice thing about the FPGA is that the performance ratio is much higher. On a POW network secured by FPGA the cost of entry for an ASIC is much higher for small players. Everyone is so busy worrying about bitmain they're not thinking about the smaller players out there who are developing extremely low cost high level ASICs. For example, the cost of entry for a 130 to 110nm ASIC might be UNDER $100,000 and it would have performance / power ratios multiples higher than a GPU (depending on the algo). And, at these high levels you can very quickly create, verify and print the design. But, when you compare the performance of a 110nm ASIC to a 16nm FPGA, the FPGA would blow it out of the water. Performance comparisons between ASICs and 16nm FPGA would probably start around 45->32nm. This means, if someone wanted to create an ASIC to mine on these coins they'll have to do so at least those levels. This increases the cost, time to delivery, and risk of failure.

What we are working on now is further reducing costs and what I want to see is to see these devices enter into the realm of GPU pricing. Let's give the video cards back to the gamers and use devices that are more suited for what we need in the crypto community.


We're selling these devices now at the lowest cost anyone has ever publicly or privately advertised these boards for, ever. We were able to obtain an amazing deal and instead of profit taking on that, we're passing it along. Be the change you want to see and support the change you want to see. Currently they are still to expensive. I would rather see weaker devices but in the price range of 1000$.

There are no GPU maximalist atm, GPU mining is also abused by large GPU farms that do no good

FPGA might even be end of POW, as big farms will harvest 90% now, as I don`t trust on FPGA open sourcing! (might happen for some but they all will be low profit as rest big evil farms will be even worst then bitmain!)

1. centralization of development, only a few people can publish miner for FPGA. In the face of much lower than expected hashrate and profit, you can only be forced to accept.

2. risk of open source, if open source, is likely to be taken by the third party to make  MPW  ASIC, which does not require much money , but return is much higher than FPGA.

3. risk of warranty, FPGA is quite different from GPU, it can not real-time monitoring the running state and cannot quickly adjust the frequency, when so you notice the running state exceeds the limit, it is late. Maintenance may be a big trouble , the FPGA is very expensive, if the FPGA chip burned, that is equal to the board scrap.

4.algo risk, altcoin developers may change the algorithm, GPU can quickly adapt to the new algorithm, but FPGA developers cannot be so fast ,when he worked hard to develop a new miner,the algorithm may change again.

At present, FPGA miner is unrealistic and some is obviously scam.electricity fee is not the main factor for altcoin mining.
[,,,]
ROI and electricity fee are not important, because GPU and CPU can bring dozens of times more revenue every year.