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What it is already CHECKMATE FOR GPU/FPGA ==============================
U just dont realize it.
https://www.reddit.com/r/ethereum/comments/7wufiq/ethereum_is_64_of_all_gpu_mining_by_power_09gw_of/According to this thread, ETH is 64% of all GPU mining power. I always thought it was above 50%.
That being said, the antminer E3 is actually checkmate for GPU already. If they just push it down to 800 USD again. Sales of E3 will skyrocket leading to ETH difficulty skyrocket. GPUs will move out of ETH to other coins. Difficulty of other coins will rise too. GPUs will be wiped out and probably sold en mass cheap on ebay. U see, they can manufacture it at too cheaply for gpus to compete.
U are actually not competing with your asic competitor with your FPGA. U are at their mercy. I hope u realize this. I am talking about existing asics and not them having to come up with a stronger one yet.
FPGA can only win if lets say over 50% of GPU mining power is shared among say 100 crypto coins. Ahhh and then, u would wanna use FPGA because it is too difficult to create 100 different asics to mine 100 different coins.
However, that isnt the case in crypto world. Eth holds 64% lol and a few major coins hold most of the other %. That is why crypto manufacturers mostly build Asics. They arent stupid. With 5 asics appearing so far this year to take down 5 gpu coins, it seems they can create a new asic every 30 days now. Thus, it is possible that 90+% of future coins are asic coins.
Now, do wise up and stop pointing that small handgun at the tanks and bazookas. U aint gonna win. Oh and u are welcome buddy
P.S> U may even wanna consider shorting nvdia and amd stock in july-august before earnings lol. The downdraft should show up by then.
Just my 2 cents.
you make some good points. i do think you are not taking some things into consideration though, and thats the versatility and longevity of something like this.
i will be buying a xupp3r (although i will use ddr400 memory at 1st, as the qdrii+ is crazy expensive).
why? its not to compete with asics, you cant. i own none and dont intend to buy any, im GPU only with a power budget of 1500 watts (my self imposed limit, no reason i couldnt do more). its because i want the power efficiency and density that a fpga can give me. plus the versatility.
sure any current or new algo can have an asic built, but it will take time. a fpga is more nimble, load a new bitsteam and go. for that period of time on with no asic for the algo, the fpga will rule compared to gpus.
also there is no reason a xupp3r cant last for years and still be pretty competitive even against other fpgas. sure new ones may come out that are more energy efficient but not by orders of magnitude. as long as it has the capacity to fit the bitsteam it will be useful. thats why i figure ill go with the xupp3r as it seems the most advanced one of those being discussed here, and it has the most connectivity (link up to 4 of them for any algo thats too large to fit in one unit).
plus, i like playing with new tech. give me a reason to learn programming (although i will never be good enough to bang out algos) it will be fun just to play around.
Maybe u have too much guts lol. The crazy expensive part is the problem. It is more expensive and less efficient. Versatility just isnt worth it when mining difficulty will go to your coins anyways due to new and current asics. Asic manufacturers can flood the market like crazy. It wont be the first time.
Perhaps u can update on the total expected cost and hashrate of its best coin when u get the info.