Post
Topic
Board Mining (Altcoins)
Re: DIY FPGA Mining rig for any algorithm with fast ROI
by
cryptolumos
on 25/12/2018, 06:40:00 UTC
and looks to have an ROI of about 290-330 days in the current market.
All these profit/ROI estimations are useless. We are clearly remember advertised earnings/roi level of vcu/bcu1525 back in May-Jun, a lot of gullible people fell for those beautiful numbers and spend tons of money.
Nowadays fpga mining hardware market is flooded. vcu/bcu1525 owners barely seeing $5-6/day income, this is 2+ year roi atm. And bcu1525 profit for sure will be more and more cannibalized by cvp13, and all other upcoming fpga boards. And we are not even taking into account probability of algo forking on big altcoins
It reminds me how ASIC manufacturers advertising their new devices.
Showing current profit level, not taking into account growth of network hash rate and difficulty, which are skyrocket after the manufacturer ships thousands of brand new devices to customers. After a few months these devices barely cover electricity cost and become doorstoppers.
I want to repeat: nowadays mainly only miming hardware manufacturers and hardware resellers earn money in crypto mining  sphere.
This is a game where  miners will always lose, doesn't matter what kind of hardware: ASICs, FPGA or any other specialized hw
In near time we'll see more and more coins forks with asic, fpga resistant algos.


SQRL did exactly this with their Acorn "Accelerator" cards.......  People have been waiting for months on their miner after being advertised figures on increased hashrate and decreased power consumption.
Funny thing is that they've already started advertising in discord the upcoming Acorn Pro version, while the current hardware doesn't even have working miner software. This selling strategy even worse than $hitmain's


Lol yeah for sure "advertising" having a discussion of the future of the tech is now "advertising" right on