Post
Topic
Board Mining (Altcoins)
Re: DIY FPGA Mining rig for any algorithm with fast ROI
by
yrk1957
on 02/10/2018, 15:34:14 UTC
Bitmain is going public and will control every Algo soon. Most cryptos are deciding that forking isn't worth it, [ETH, ZEN, etc.] Monero seems to be the only major project dodging ASICs. So does 6k justify the ability to mine a fork? I'm not a huge Bitmain fan, but let's face it, they have the market cornered and have the ability to undercut competition and install the latest chips. What happens when the VU13P chip becomes perhaps overtaken by the Stratix 10 next year? Will ONE 6k FPGA ever give customers their ROI? In addition, ASICs are plug-and-play, has anyone read through the PDF on the downloads page to get these FPGA's up and running???

I doubt Bitmain will go for small market-cap algorithms (coins) like on Neoscrypt or Lyra2z. Only when they become big like Decred.

But that’s the catch also, FPGA’s will be fine until the coins are small, so low returns overall, as they become bigger, they will attract ASICs.

Lyra2 ASIC...
https://www.ebay.com/itm/Dayun-Zig-Z1-6-8GH-s-Lyra2REv2-Miner-w-PSU-ROI-Innosilicon-A9-Bitmain-Z9-Mini/292751845164?hash=item44295ea72c:g:ts8AAOSwuCdboa36

Lyra2 is decent market cap wise, but the problem is that the network hash is quite small compared to what these ASICs are putting out. I think, the network cannot support more than 10000 ASICs without getting into penny returns per miner. So very doubtful Bitmain or Inno get into it.