Post
Topic
Board Mining (Altcoins)
Merits 1 from 1 user
Re: DIY FPGA Mining rig for any algorithm with fast ROI
by
nsummy
on 11/05/2018, 03:46:18 UTC
⭐ Merited by grendel25 (1)
TLDR: Sounds Neat.  Do it if you can afford it.  Be aware of cost and risk factor of future support.

I have been mining off-and-on since 2014 and I remember quite well the FPGA interest back in 2014.  I'm sure there have been other FPGA efforts before 2014 but my point is to simply share my own opinion.

First, I'll just say this is probably a great opportunity for people who can afford this.  Not everyone will be on board to spend $5K to get a system running.  That's a rough estimate.. but $4K for the FPGA and then whatever else for ancillary equipment like mobo/ram/psu/etc.  

So people saying that this will cause the demise of GPU mining are being short sighted.  

Asides from being expensive, it is technically daunting.  We would be relying on a programmer for future firmware updates and from what I've seen the support is just not to the same scale as the existing support for other mining options.

So I'll just summarize by saying this sounds like an awesome opportunity for diversification of a mining portfolio if you have the money for that.  I imagine youtubers like VoskCoin would be jumping all over this.

TLDR: Sounds Neat.  Do it if you can afford it.  Be aware of cost and risk factor of future support.
 

This is probably one of the best and grounded comments I've read on this forum in a long time.  The fact is that 95% of miners out there have a very rudimentary understanding of computers, algorithms, and programming.  The barrier for entry is minuscule;  Buy a few GPUs and there are numerous programs available that are designed to mine on them.  I really can't envision a scenario where FPGAs will become fully mainstream.  As evidenced by all of the posts on here, they are difficult to buy, let alone program.  The real profits are always going to go to the people who spend the time and effort to find an edge in the mining game that goes beyond Nvidia, AMD, and Bitmain.