Will BFL reconfigure the FPGA's to mine LTC and then resell them?

Frequency

hero member

Activity: 540

Merit: 500

COINDER

Quote from: Desolator on October 18, 2012, 09:26:27 AM

Quote from: Frequency on October 18, 2012, 05:37:51 AM

Quote from: HolyScott on October 17, 2012, 09:20:08 PM

I don't even think they know what they are going to do with them yet.

they could turn them in to fpga mini rig thats doing 25gh but sell them not for 15k but for lower price...

Just guessing...maybe they will get hundreds returnd just hang them on a pool some were ... Huh

At their power ratings vs speed, the power will cost more than they'd make after just a couple months of people using ASICs.

true .. but still a couple months making BTC

i also think own 1 gpu@400mh now.. will become the same as own 1 SC@60gh in half a year IF ASIC are for real, only positive is the network security nothing else will change nothing... Wink

squid

member

Activity: 112

Merit: 10

Quote from: Desolator on October 18, 2012, 09:26:27 AM

Quote from: Frequency on October 18, 2012, 05:37:51 AM

Quote from: HolyScott on October 17, 2012, 09:20:08 PM

I don't even think they know what they are going to do with them yet.

they could turn them in to fpga mini rig thats doing 25gh but sell them not for 15k but for lower price...

Just guessing...maybe they will get hundreds returnd just hang them on a pool some were ... Huh

At their power ratings vs speed, the power will cost more than they'd make after just a couple months of people using ASICs.

+1, I don't think there will be much use in the bitcoin world, but I am assuming they found some third party that uses them.. or maybe they will daisy chain them all and try to brute force wallets with high bitcoin amounts (jk)

Desolator

sr. member

Activity: 392

Merit: 250

Quote from: Frequency on October 18, 2012, 05:37:51 AM

Quote from: HolyScott on October 17, 2012, 09:20:08 PM

I don't even think they know what they are going to do with them yet.

they could turn them in to fpga mini rig thats doing 25gh but sell them not for 15k but for lower price...

Just guessing...maybe they will get hundreds returnd just hang them on a pool some were ... Huh

At their power ratings vs speed, the power will cost more than they'd make after just a couple months of people using ASICs.

Frequency

hero member

Activity: 540

Merit: 500

COINDER

Quote from: HolyScott on October 17, 2012, 09:20:08 PM

I don't even think they know what they are going to do with them yet.

they could turn them in to fpga mini rig thats doing 25gh but sell them not for 15k but for lower price...

Just guessing...maybe they will get hundreds returnd just hang them on a pool some were ... Huh

HolyScott

full member

Activity: 181

Merit: 100

I don't even think they know what they are going to do with them yet.

SLok

hero member

Activity: 568

Merit: 500

Quote from: Gatorhex on October 17, 2012, 09:18:48 AM

Quote

They must know what they are doing, since they are taking so many back, and for the same price they sold them??

Half the price they originally sold them for, and 1 for 1 basis, they're not stupid.

I've always wondered if the NSA would be buying them to get them out of hackers hands, I know I would, if I was bothered about national security. Grin

I assume they could also be used to crack bitcoin wallets too so not good for the bitcoin system either to have all this reprogrammable hashing power out there.

Half the price? A BitForce Single is $599, they give a $600 return for it, when buying a $1299 SC for $699.
Or was that Bitforce S. ever $1200?

Gatorhex

full member

Activity: 126

Merit: 100

Quote

They must know what they are doing, since they are taking so many back, and for the same price they sold them??

Half the price they originally sold them for, and 1 for 1 basis, they're not stupid.

I've always wondered if the NSA would be buying them to get them out of hackers hands, I know I would, if I was bothered about national security. Grin

I assume they could also be used to crack bitcoin wallets too so not good for the bitcoin system either to have all this reprogrammable hashing power out there.

gmaxwell

staff

Activity: 4284

Merit: 8808

Quote from: Tinua on October 09, 2012, 05:50:02 AM

This does not work because the BFL's have not enough memory (RAM) onboard.
And you need that for LTC mining.

No, LTC mining intentionally used parameters _far_ smaller than the scrypt recommendations— You only need ~128k.
I'm sure that there is enough distributed sram on those FPGAs for that, although there may be routing constraints or not enough room for them and the hashing engines.

The reason the GPU scrypt miners use a lot of memory is that they must run many instances in parallel to get high performance (to hide the memory latency and to use all execution units). A typical FPGA Bitcoin miner runs just one instance unrolled.

Frequency

hero member

Activity: 540

Merit: 500

COINDER

they will use them for there OTHER BUSINESS SPECIALTYS THEY CLAIME THEY HAVE

quote; Butterfly Labs manufactures a line of high speed encryption processors for use in research, telecommunication and security applications

cheers

lame.duck

legendary

Activity: 1270

Merit: 1000

Quote from: firefop on October 10, 2012, 06:29:07 AM

Quote from: yrtrnc on October 10, 2012, 02:24:12 AM

Wasnt BTC cpu mined at first? How did that change to GPU? Can the same be applied to LTC with the FPGA's ?

Yes of course, but the proof of work is different... it's been designed to need fast access to large amounts of memory, so you'd be looking at an entirely new pcb - probably with memory on it - and usb likely wouldn't push enough bandwidth to keep up with 1 (and certainly not 5) fpga ltc miners.

No, thats not correct. A single LTC hashing core needs only a little over 128kB for working. Thats why it can run 'fast' on modern CPUs with enough on chip Cache. The fact that LTC mining with GPUs needs so much money comes from the way GPUs work. (stream processing), so there will filled a large block of memory with task to compute since GPUs are Vector engines that don't work well with branching (and loops).

I am not really sure how much memory the EP3SL150 has, i think the would be 2-4 Hashing cores per chip possible.

All in all it should be possible to construckt a bitstream but it would be not so efficient as for BTC-hashing.

BTW, bitfury did some calculation on LTC Asics, but i have no idea about the state of the project.

Desolator

sr. member

Activity: 392

Merit: 250

CPu mining was the original way to mine bitcoins but that's because it was the easiest and the computer handled running the instructions 99% on its own. Someone had to figure out how to interface with Nvidia and AMD cards using their own crappy language in their own crappy SDK to write a custom driver that would send data in an efficient manner to the GPU for processing then interpret the results. That took a while Tongue

firefop

sr. member

Activity: 420

Merit: 250

Quote from: yrtrnc on October 10, 2012, 02:24:12 AM

Wasnt BTC cpu mined at first? How did that change to GPU? Can the same be applied to LTC with the FPGA's ?

Yes of course, but the proof of work is different... it's been designed to need fast access to large amounts of memory, so you'd be looking at an entirely new pcb - probably with memory on it - and usb likely wouldn't push enough bandwidth to keep up with 1 (and certainly not 5) fpga ltc miners.

yrtrnc

hero member

Activity: 605

Merit: 500

Wasnt BTC cpu mined at first? How did that change to GPU? Can the same be applied to LTC with the FPGA's ?

Quote from: Desolator on October 10, 2012, 12:08:02 AM

I kinda breezed over the theory behind LTC but they state it's optimized for a CPU's architecture plus a ton of RAM. That means for them to make a faster solution, they'd have to outdesign Intel and AMD and use the most modern (patented) memory controller technology. The best of the best belongs to AMD at a blazing 1866MHz native speed for their new trinity APU, unless you count GDDR5 on graphics cards but I think that works sort of differently.

In other words, CPUs could do bitcoin stuff, GPUs did it way better, and ASICs are exactly what you need to run bitcoin calculations at the fastest possible speed. With LTC, CPUs are perfect for it so to make something better, you have to design a better CPU than say an i7 Tongue

At least that's what their wiki seems to suggest.

Desolator

sr. member

Activity: 392

Merit: 250

I kinda breezed over the theory behind LTC but they state it's optimized for a CPU's architecture plus a ton of RAM. That means for them to make a faster solution, they'd have to outdesign Intel and AMD and use the most modern (patented) memory controller technology. The best of the best belongs to AMD at a blazing 1866MHz native speed for their new trinity APU, unless you count GDDR5 on graphics cards but I think that works sort of differently.

In other words, CPUs could do bitcoin stuff, GPUs did it way better, and ASICs are exactly what you need to run bitcoin calculations at the fastest possible speed. With LTC, CPUs are perfect for it so to make something better, you have to design a better CPU than say an i7 Tongue

At least that's what their wiki seems to suggest.

meebs

hero member

Activity: 616

Merit: 500

Quote from: Tinua on October 09, 2012, 05:50:02 AM

This does not work because the BFL's have not enough memory (RAM) onboard.
And you need that for LTC mining.

yup. GPU-z reports a total of like 40mb of ram used between BOTH my 7950's when btc mining.

3gb total used (1.5 each) for LTC mining

firefop

sr. member

Activity: 420

Merit: 250

Quote from: yrtrnc on October 09, 2012, 03:20:24 PM

They must know what they are doing, since they are taking so many back, and for the same price they sold them??

Their ~~customer service~~ hardware is almost too good to be true. Maybe thats why so many people are ~~sceptical~~ confused?

FTFY - but in all fairness, they're turning over a new leaf with Josh joining the company, and he's gotten more random stuff to enhance customer service done since he started than they did the entire year before he was there.

yrtrnc

hero member

Activity: 605

Merit: 500

They must know what they are doing, since they are taking so many back, and for the same price they sold them??

Their customer service is almost too good to be true. Maybe thats why so many people are sceptical?

bobitza

sr. member

Activity: 560

Merit: 256

Quote from: yrtrnc on October 09, 2012, 02:55:22 AM

I mean what will they do with so many FPGA's? Huh

1. Sell them to .edu, .org institutions that have a need for computing power
2. Keep them as back-up to secure/mine the network in case let's say algorithm changes and all ASICs are made obsolete.

Morblias

hero member

Activity: 576

Merit: 500

Under their drivers page it lists the following:

Drivers:
Computational research
Medical imaging
Packet integrity verification
Generic fingerprinting engine

So I imagine they can be reprogrammed for stuff like this.

firefop

sr. member

Activity: 420

Merit: 250

Quote from: yrtrnc on October 09, 2012, 02:55:22 AM

I mean what will they do with so many FPGA's? Huh

Interesting question - maybe they'll apply them to their other potential markets (listed on the bfl main page) being programmable would be an advantage if they're trying to develop into another market - then they could make an asic produce release that and repeat.

Topic: Will BFL reconfigure the FPGA's to mine LTC and then resell them? (Read 2508 times)