Re: 8th Alt coin thread. Or what to do now that asics are all over the place.
Link to thread 7
https://bitcointalk.org/index.php?topic=2674194.0
I self modded the thread. I will simply delete nasty attacks on each other about the good or bad of asics vs gpus vs fpgas.
I want focus to be on how to survive the shift.
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My position is the industry needs to be widespread as possible to create demand for coins.
This year I am no longer focusing on what gear to use.
But how to expand my cheap reliable power.
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https://bitcointalk.org/index.php?topic=2674194.0
I self modded the thread. I will simply delete nasty attacks on each other about the good or bad of asics vs gpus vs fpgas.
I want focus to be on how to survive the shift.
...
My position is the industry needs to be widespread as possible to create demand for coins.
This year I am no longer focusing on what gear to use.
But how to expand my cheap reliable power.
...
....
So if there are pioneers here on the FGPA wagon, would love to hear their insights over the next few months.
well there is the fpga thread
...
Couldn't you say that about a lot of miners though? Any miner with a dev fee "never ends." Seeing the posts of everyone complaining int SP_'s thread really just proves there is not a good solution; People complain even more when he charges up front with no dev fee. In this scenario I believe the dev fee will actually incentive the dev to keep the project going. He doesn't get paid unless the cards are profitable. Sometimes you have to spend money to make money. I'm hoping this won't become mainstream
4% is high and 5000 for an fpga is high . It creates economic barriers.
My position is I want 1000 or 2000 or 3000 coins.
Why this creates a big market for traders.
Why is that good for miners
Traders create demand for coins
Why is that good
Coins become more valuable which makes mining worth while.
So there have been more then 500,000,000 gpus sold since the the hd7900 series
They can all run some profit. Under correct setups.
even if ½ are in the hands of big farms
even if ¼ are in the hands of small to medium guys like me 10 to 500 gpus
that means ¼ or 125,000,000 gpus are in 1 and 2 card builds all over the world.
If fpga is fully successful it will kill off all those small setups.
IF it really works well some guy will try to blend it with a specialty asic and kill off fpga's
I will certainly look at the thread but I am not going to chase it.
BTW my 1080tis mining zec are up to 3 bucks a day
https://www.nicehash.com/miner/16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr
6 cards earned 34.53 in 2 days