Quote from: suchmoon on May 04, 2018, 04:21:50 PM

Quote from: Sandal_Hat on May 04, 2018, 04:01:26 PM

Quote from: suchmoon on May 04, 2018, 03:59:28 PM

Quote from: Sandal_Hat on May 04, 2018, 02:50:04 PM

No, it is u that dont get it. U ARE COMPETING with asics because asics will push difficulty to the coins u are mining. Profit margins for mining are thin these days. It is abit higher right now compared to 1-2 months ago due to recent price spike but that will correct soon as more hashrate enters market. U can always have an alt coin to mine but it is gonna make low or negative returns for u because of difficulty increase, which are pushed by asics from other coins.

If GPU miners are pushed from ETH to another coin that is FPGA-mineable then:

1) diff goes up but an FPGA is still more profitable than a GPU;
2) diff goes way up, a GPU is not profitable anymore, still profitable for an FPGA;

There are many other variables in this and many other reasons why this might or might not work, but what you're saying doesn't really make much sense. I think you're misunderstanding how difficulty adjustment works. It will go down if profitability turns negative.

No because u can buy an FPGA, so can everyone else. FPGA is the new GPU. It just costs money which everyone has. Mining is easy, everyone can do it.
U make such an FPGA first. U are first and it has 6 months break even. Really quickly, everyone else will have an FPGA and break even will go to 11-15 months or so, the rough average.
See post 268 for a simpler illustration. I leave that as the last explanation of the conceptual flaw.

How fast can u start buying the items and do this. Lets see this go forward yes.

I don't even know what you're talking about or how it relates to what I posted. "Everyone" is not going to have FPGAs overnight, the whole thing is still in its infancy (scale-wise; I'm sure some smart folks have been mining with FPGAs for a while). GPU mining ramp-up for big farms took months even during the massive ETH boom, and that was with an off-the-shelf product available in huge quantities.

Break-even of 15 months is great for those who don't exhibit the ASIC-induced attention span of a toddler. I still have some GPUs I bought in 2015. Paid off many times over. I don't have ASICs from 2015. Can you guess why?

Everyone will rush for FPGAs, overnight or not doesnt matter. It will be a mad rush for gold, as normal with all new asics these days. Mining equipment will be sold out as per normal in recent rushes. The breakeven will quickly go to normal range of 11-15 months then. This isnt like in past years where ETH made huge margins because people few people know wat mining is.

Post 268 clearly shows how stupid is it to compete against asic that will keep stealing the major coins u mine. Major conceptual flaw. U wont break even in 15 months lol. It doesnt matter if u have gpus or asics since 2015. Everyone who has any coins or mining then has made money. This is a different time. This FPGA pops up tomorow, and in the next few days, tons of it will be created/sold.

I think u already understood it anyways from the way u are replying.

How about u go buy those FPGAs then? How fast can u get it up and running?