Post
Topic
Board Mining
Re: FPGA mining for fun and profit
by
ryepdx
on 19/05/2011, 23:06:58 UTC
if that kind of mining power gets utilized it will completely destroy the BTC

edit...

sorry the terahash / sec that was quoted earlier...

Wrong. If only one person or entity utilizes that kind of power, that could destroy the bitcoin. What we need is a public service to lower the barrier to entry for people. If FPGA miners are as cost-effective as the Th/s figure quoted earlier, then it would probably be quite profitable for a person to invest in an FPGA mining business. In the long run, it's really just the cost of keeping a cluster running that matters most, assuming you can make back your initial investment.

So you did bring a cluster online?  What sort of GH/s is this cluster putting out?

I second the question.

[edit]

If I did a screencast of the system then someone could say it was faked with a script too.  In the end there are always people who don't believe despite whatever you show them.

True. But could you humor us anyway? Your claims would have a bit more veracity to them if you provided evidence. As they say on teh interwebz: pics, or it didn't happen.