Quote from: cdg1941 on June 11, 2014, 06:12:43 PM

Quote from: hellscabane on June 11, 2014, 06:05:21 PM

Quote from: Coinler on June 11, 2014, 03:47:30 PM

this is true.. asic manufactureres arent stupid. how else will they test the asics theyre developing? by mining on it before they even advertise it for sale. of course that will turn a profit.. and i imagine.. would be hard to turn off when you can build asics and rape all of crypto investment markets in a week. but way before them it is done by a kid in his bedroom with a soldering iron. alot of people dont know that there are already asics working with x11 and x13 algorithms.

Whoa, ASICs aren't made that way. Maybe a loosely efficient processing mod, sure.

If a "kid" really is designing ASICs in their "bedroom," he/she can easily be a multi-millionaire working on actual design projects not in the crypto-currency realm.

probably referring to FPGA

I'm not entirely convinced he was talking about FPGAs; after all the aggregate hashrate of one is going to be roughly equivalent to a GPU. Usually one FPGA chipboard outputs around the same amount as a GPU with similar geometries. So you'll need a farm of FPGAs to "rape" just the small crypto markets (such as Noblecoin).

That said, even modding an FPGA isn't that easy, but I wouldn't be overwhelmingly surprised if those sort of things already exist for some of the other algorithms (although they are very likely not made by "kids"). After all, it only took a few days for a few people to get a significant mine out of YAC after it came out (by adjusting the hashing n-factor in the software and making a simple wire switch on the FPGAs they had).