Will LiteCoin ever be mined by FGPA and even ASIC

[tacotime]

Yeah, I won't deny that ASIC will be more energy efficient.  I'm working on developing a fork right now that overcomes this problem without  severely impacting GPU performance.  In the meantime, I'm mining LTC because I can see it continuing to be a major force in the land of alt. cryptocurrency.

[DeathAndTaxes]

Yeah, I won't deny that ASIC will be more energy efficient.  I'm working on developing a fork right now that overcomes this problem without  severely impacting GPU performance.  In the meantime, I'm mining LTC because I can see it continuing to be a major force in the land of alt. cryptocurrency.

Interesting.

Also just to clarify LTC puts up a high barrier to such designs.  The "multiple" in terms of efficiency (hash/w and hash/$) over a GPU is much lower.  While a BTC ASIC may be 1000x more efficient as a GPU a LTC ASIC may only be 20x as efficient.    I doubt LTC will ever become large enough (we are talking about a valuation larger than BTC is now) to warrant that kind of investment. The total annual mining rewards are simply too small to make the risk worth it.

[ElectricMucus]

If LTC is still around in a decade there will be processor arrays available to mine it very efficiently.

See here: http://en.wikipedia.org/wiki/MPPA
IMO it is inevitable that any kind of high performance computing is migrated to this design in the long run anyway. They aren't restricted like the ways GPUs (multiple instruction multiple data instead of single instruction multiple data) and do not have a memory bottleneck. There will even the possibility to better utilize them when mining BTC and LTC at the same time because scrypt is memory bandwidth limited and SHA2 core limited.

[bonker]

ASIC for Bitcoin would be a joke compared with ASIC for litecoin.. GL trying that..

Sounds like a good arguement for LC

[Mjbmonetarymetals]

Not sure about FPGA's, but in regards to ASIC's, there are 2 possibilities:
1. Yes, if litecoin becomes popular enough to justify investing a large amount of money developing litecoin ASIC's.
2. No, in which case litecoin will remain a GPU mined coin.

Either way, the future looks pretty bright for litecoin.

I recon no.1