Post
Topic
Board Hardware
Re: Official Open Source FPGA Bitcoin Miner (Just Released!)
by
Basiley
on 20/05/2011, 07:52:03 UTC
Nice, and many thanks for the release.
Now, some rough calculations.

At 80 MHps, I will need at least 3 of these to achieve a single 5830 hashrate.
That is $595.-x 3 = $1785.- at full price, vs. $190.- for the 5830.

Giving the 5830 is consuming $11.- a month in electricity, and assuming this board will consume zero electricity, it will take more than 145 months, or 12 years to recover the investment, always comparing to a 5830.

Is it really cost feasible ?

Your math assumes the difficult will be constant.

Eventually, the difficulty will reach a point where the power cost is a significant portion of the mining cost.  Right now, power is about 10%-20% of the cost when doing GPU bitmining.

Let's assume that one year from now, power is 80% of the mining cost.  At that point, FPGA mining would have a significant advantage over GPU mining even if the hash rates are same.
but at that "reach point" you need FPGA-utilising solution with multiple FPGA's per board or use them into mini-boards[ISA bus ? Tongue], stacked into main one, to minimise communication/power/connectivity impact on solution cost.
and also, board must be ready to put into industry-adopted-sizes racks[both IT and manufacturing/science racks meant]. if you plan to sell number of such boards.
IMO.