LTC FPGA discussion!

[dan99]

The fpgas wast good for bitcoin and will not be good for ltc

I hesitantly agree. My 7950 is $0.5/khash, so I'm not quite seeing the incentive for litecoin FPGA right now.

couldn't agreed more..

[jasinlee]

The fpgas wast good for bitcoin and will not be good for ltc

I hesitantly agree. My 7950 is $0.5/khash, so I'm not quite seeing the incentive for litecoin FPGA right now.

couldn't agreed more..

You seem to have forgotten the starting point part the optimizations would go from there. I would not want to consider anything that did not at least have that as a starting point, and then move to a lower $ per khs ratio. Anything higher on the $ per khs ratio would make the ROI too high. Essentially, I would not want to release any production units that were not able to match at least that ratio.

But obviously if the initial ratio does not suit someone they should probably not invest. I will not give out unrealistic estimates to the public. Under promise, over deliver.

[batman, not crabman]

It also depends how much you pay for power...

[digitalindustry]

and i can assume you made it already?

  

Made does not mean its production worthy yet.

How about you post how we can make our own FPGAs ourselves?

Totally agree and I'd like to comment on a point a previous poster made about mining with the device themselves:

1. I think he had a totally relevant point.

2. this is a free market so all encouragement to  anyone mining with their own developed device.

3. significant advantages still exist with Scrypt because FPGA are more assessable than a ground up ASIC.

4. I always claimed that past a unit price point BTC would become a sovereign mined currency /sovereign/large institution.

5. Scrypt can and will make distribution more accessible - even if it means FPGA becomes the next biggest DIY event in history.

6. makes me wonder why a Corp like ATI or even Nvidia owners (or a 100 others) have not cottoned onto a PCIe device as of yet?

strange free market capitalism quirk. 

[DaCash]

digitalindustry , i think this is excellent idea! Why relevant pro's have not yet made device based on some crypto acc, like http://www.st.com/web/en/resource/technical/document/data_brief/DM00038836.pdf  . Or did they? 

[roy7]

Simran is someone who didn't even understand why getting the cheapest PSU for a mining rig is a bad idea let alone test an FPGA for LTC.

This is more than likely the beginnings of a scam.

Simran has nothing to do with the development of jasinlee's LTC FPGA, as far as I know, other than maybe demo'ing one and posting here about them before jasinlee wanted him to. So don't see the relevance.

[WishIStartedSooner]

This is more than likely the beginnings of a scam.

I base this on nothing but gut instinct, but I've read this whole post. I also clicked on janislee's name and read what he's posted elsewhere.

He seems nothing but sincere, and intent on being more professional than BFL. Anytime someone posts something that sounds even remotely serious about following through on a LTC FPGA he's right there offering all manner of technical input to the OP.

I think I'm in.

[digitalindustry]

digitalindustry , i think this is excellent idea! Why relevant pro's have not yet made device based on some crypto acc, like http://www.st.com/web/en/resource/technical/document/data_brief/DM00038836.pdf  . Or did they? 

you poor guy, OK just show me where Joe Six pack can buy that ?

and yes Joe Six pack essentially matters in a market, any market , if you are unsure about that just head on over the FOMC meeting and have a listen in.

to simplify that , the market is a market of humans so humans matter in the market.  

you also might want to check out the history of  Long Term Capital .

( i will resist the eye roll)

[gica_contra]

6. makes me wonder why a Corp like ATI or even Nvidia owners (or a 100 others) have not cottoned onto a PCIe device as of yet?

strange free market capitalism quirk. 

How many units do you think would sell compared to video cards? 1%? 5%? Costs of R&D for a big corporation are 1 or 2 orders of magnitude higher than for a small one because they want their product to work in 99.999% of the use cases rather than 99%.

[msm595]

This is more than likely the beginnings of a scam.

I base this on nothing but gut instinct, but I've read this whole post. I also clicked on janislee's name and read what he's posted elsewhere.

He seems nothing but sincere, and intent on being more professional than BFL. Anytime someone posts something that sounds even remotely serious about following through on a LTC FPGA he's right there offering all manner of technical input to the OP.

I think I'm in.

I completely agree. I may not see the current value in having the fpgas now at this moderate effeciency, but I trust janislee and know that fpgas are the next step, even if only in better securing the network for lower power usage.

[digitalindustry]

6. makes me wonder why a Corp like ATI or even Nvidia owners (or a 100 others) have not cottoned onto a PCIe device as of yet?

strange free market capitalism quirk. 

How many units do you think would sell compared to video cards? 1%? 5%? Costs of R&D for a big corporation are 1 or 2 orders of magnitude higher than for a small one because they want their product to work in 99.999% of the use cases rather than 99%.

depends on the build cost production ratio , how many other electrical devices get created compared to video cards?

it is not a video card market is it.

there is a reason there is no device right now , but that could be related to market information, again the market decides that .

[roy7]

I'm assuming a scrypt FPGA could mine any scrypt coin not just LTC, like you can mine any sha256 coin with sha256 miners?

[jasinlee]

I'm assuming a scrypt FPGA could mine any scrypt coin not just LTC, like you can mine any sha256 coin with sha256 miners?

You do have the right of it, and thanks for the support guys on here. If any of you decide to make your own fpga, let me know I dont mind helping. We really need to secure the network further before all the goodies get released in the coming months.

[Cranky4u]

In Australia I am paying ~AU$0.28/kWh and therefore any FPGA development puts me on par with cheap arse elec costs in other parts of the world...so please develop some

[Rora]

News on this project??

[FiiNALiZE]

In Australia I am paying ~AU$0.28/kWh and therefore any FPGA development puts me on par with cheap arse elec costs in other parts of the world...so please develop some

Holy crap and I thought paying $0.16/kWh was expensive.

How do you survive on those crazy rates?

lol you'll be better off buying solar panels

[jasinlee]

Updates are on the thread in my signature.  I will tend to update there more often since it is the ltc forum.

[WishIStartedSooner]

In Australia I am paying ~AU$0.28/kWh and therefore any FPGA development puts me on par with cheap arse elec costs in other parts of the world...so please develop some

Holy crap and I thought paying $0.16/kWh was expensive.

How do you survive on those crazy rates?

lol you'll be better off buying solar panels

I'd imagine his dollars are AUD, not USD.

[markm]

I get 400 MHash from 5870's but only 250 KHash, so GPUs seems really bad for me for scrypt mining, the myth that they do as many kilohashes mining litecoins as they do megahashes mining bitcoins is just a myth to me so far, and I would much rather buy FPGAs than try windows to see whether it is true that windows gets better kilihashes than linux does.

-MarkM-

[ptereh]

In Australia I am paying ~AU$0.28/kWh and therefore any FPGA development puts me on par with cheap arse elec costs in other parts of the world...so please develop some

Holy crap and I thought paying $0.16/kWh was expensive.

How do you survive on those crazy rates?

lol you'll be better off buying solar panels

I'd imagine his dollars are AUD, not USD.

Here in the Netherlands we pay 0.22 EURO or 0.27 USD per kWh.