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Author Topic: One of THE WORST INVESTMENTS in Cryptocurrency EVER | SQRL FPGA Acorn Mining Rig  (Read 603 times)
VoskCoin (OP)
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May 27, 2020, 03:24:22 AM
 #1

One of the worst investments in the Bitcoin and cryptocurrency space EVER wasn't actually a coin, token, or crypto project, it was actually a mining rig or mining hardware that never was profitable!
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https://www.youtube.com/watch?v=QUE8It3TWTs


We cannot offer investment advice, but we can report on crypto news and make informative and entertaining cryptocurrency video content! Long story short.. SQRL and their FPGA mining devices have been some of the biggest BUSTS in crypto mining hardware.. well ever. SQRL led with the Acorn 101, 215, and 215+ m.2 mining device. The SQRL Acorn miner shipped six months late or more and when it arrived it had none of the mining software available for it that was basically claimed and advertised for it. SQRL has relabeled and resold several FPGA mining cards, and their most recent SQRL forest kitten fk-33 is now going up in flames as their relationship with Xilinx is falling apart. Apparently, SQRL is now sourcing FPGA mining cards from Intel, however yet again the buyers of SQRL products will be unlikely to ever breakeven, let alone make a profit on their crypto mining rigs. Anyway, let's review one of the worst investments in cryptocurrency ever, all revolving around failure after failure of cryptocurrency mining hardware and rigs.

All relevant information and links can be found in the video description on YouTube, I wouldn't want to post the wrong links and get banned again here Cheesy

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mk111
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May 27, 2020, 05:00:33 AM
 #2

Good content.
People should not forget who is responsible for the SQRL mess.
VoskCoin (OP)
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May 28, 2020, 01:41:14 AM
 #3

Good content.
People should not forget who is responsible for the SQRL mess.
thanks mk, were you involved w/ it at all or steered clear?

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Marvell2
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May 28, 2020, 02:02:48 AM
 #4

u noobs must not have heard of LTC gear and BlackArrow lool nice clickbait tho
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May 28, 2020, 06:39:20 AM
 #5

I was watching this one from the sidelines for a long time.  Asked a few questions in discord and folks seemed nice and helpful.  I could just never justify the purchase having not seen much real evidence that it was worthwhile.  Too bad because it seemed like a good prospect. 

The idea of enhancing existing mining rigs was compelling but I just never saw it materialize.  Maybe the developers had some success but if you have to operate at a developer level... well people like me with day jobs don't have the time.

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reb0rn21
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May 29, 2020, 05:45:18 AM
 #6

FPGA and ASIC is same as cancer  Grin

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tbearhere
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May 29, 2020, 03:08:05 PM
 #7

FPGA and ASIC is same as cancer  Grin

    Agreed.  Smiley
ZedZedNova
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May 31, 2020, 02:16:32 AM
 #8

u noobs must not have heard of LTC gear and BlackArrow lool nice clickbait tho

Wind it back even further and there is BFL and all the hinky stuff around the early FPGA BTC miners, back when you could still mine BTC with GPUs.

Yes, I got sucked into the SQRL fiasco, but I went in with open eyes and figured I give it a go. I lost, but had paid with value inflated crypto, so maybe not so bad. 🤷‍♂️

At least I didn't get involved with the CVP board mess.

No mining at the moment.
Cesar22
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May 31, 2020, 03:29:45 AM
 #9

Glad I never bought this

FPGA_Zealot
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June 21, 2020, 04:36:05 PM
 #10

Hey, I am an FPGA developer and have bought some used SQRL acorns.
They are a great platform for PCIe FPGA development.

If anyone has some extra hardware, I would be interested in talking.

I would be interested in:
Acorns 215+
Acornnest x4
BCU1525
Forest Kitten 33

Thanks!
Hotrod1
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December 15, 2022, 06:08:38 PM
 #11

The SQRL Forest Kitten 33 FPGA is highly profitable mining Kaspa.

Mining KASPA on a FPGA...

https://youtu.be/A1MqN5JbdVU
sxemini
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December 16, 2022, 10:40:17 AM
 #12

The SQRL Forest Kitten 33 FPGA is highly profitable mining Kaspa.

Mining KASPA on a FPGA...

https://youtu.be/A1MqN5JbdVU

FPGA are too expensive. If you have one, ok but don´t one for mining Kaspa. And FPGA are not available in large quantities.
nyspsycho
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January 19, 2023, 08:35:47 PM
 #13

i'm trying to find a few fpga's if anyone has some cheap ones please send me a message
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