Post
Topic
Board Announcements (Altcoins)
Re: [UNOFFICIAL] VNL | Vanillacoin 0.3.3 | DarkPP/MinerPP/CoinPP | ZeroTime | UPDATE
by
thefix
on 04/09/2015, 23:39:50 UTC
even with the reduction of the block reward I still think that the number of coins created per day is very high.
The dump will be greater after the FPGAs are widely used.
Why should the "dump" be higher? Even if billion of FPGAs are used, the total amount of mined coins will be constant and decreased with each block reward reduction.

Yes, but electricity costs will be much lower with FPGA than GPU, so miners will be more willing to dump

I agree and all those old FPGA farms from early bitcoin days are making a killing

What we need is something that everyone can get easily instead of some limited item geared towards early FPGA bitcoin farms
No, the chinese GPU farms are making a killing. There is no more than 100 FPGA boards on the entire mining network. The GPU's own 95+% of the network hashrate. Most old Bitcoin FPGA's are cracking passwords which is much more profitable than mining a coin. Cool

Thank you for your support.

I see, thanks for clearing that up

I didn't realize you had a method to track FPGA usage, it would be nice if you shared the tracking method with the community.