"Parallella: A Supercomputer For Everyone" and bitcoin mining

[Crimson_V]

Anyone heard about the "Parallella: A Supercomputer For Everyone" kickstarter project? and could it be used for cheap energy efficient bitcoin mining? to me it looks really similar to a GPU architecture.
also they claim that it does 50 GFLOPS/Watt (90 GFLOP max) at a $99 price point.

[tubededentifrice]

This won't beat ASICs anyway, as those little monsters are hard wired to do just what we want to.
But it could be great for scrypt mining (Litecoin), only testing could tell how well it will perform.

Dont forget that a (now old) AMD ATI Radeon 5970 have raw performances magnitudes over that project :

Processing power (single precision): 4.64 TeraFLOPS
Processing power (double precision): 928 GigaFLOPS
Memory clock speed: 1.0 GHz
Memory data rate: 4.0 Gbps
Memory bandwidth: 256.0 GB/sec
Maximum board power: 294 Watts

[tubededentifrice]

(the power consumption would be very good yet, but it would be way more expensive than buying a radeon to get the same "paper" flops)

[Crimson_V]

Thats true currently the power consumption is the only thing going for it, but they plan on releasing a chipset with 1024 cpu's next year boasting 1.4 tflops at 0.4-40W power consumption, if they manage to keep the price low it might become a viable option.