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/16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr6 cards earned 34.53 in 2 days
That's a good point: miners not only explore and trade other coins, they grow the entire ecosystem by dragging in friends, family, neighbors. The more participation, the more prices can rise which supports mining.
But the FPGA thing seems to be happening whether we like it or not - spend some time on the Discord channel and see who else is hanging out. I stayed away from ASICs for a long time. That, of course, had no effect on the decisions of others. We will just have to see where coin developers go.