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Author Topic: [UPDATED !] FPGA Build India  (Read 4347 times)
Dashing (OP)
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May 31, 2013, 09:44:24 AM
 #21

at that cost ROI is going to be in next ....... well  NEVER !

err, this is just a tentative spec, I am not selling it yet, I am looking for suggestions and feedback

basic idea is to make a ready2go miner, which does not need a host system to mine.
Pinwheel
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June 01, 2013, 12:23:32 PM
 #22

prospects for FPGA is indeed not so bright. If difficulty will grow near 18% in two weeks (it been growing around 15 % in 2 weeks recently) then by November 2013 diff will be  96203242 that means 0.08 btc per month from 500mgh FPGA unit.

Even for ASIC it will cut profit quite significantly, after last diff rise from 11 to 12 mills my bitcoin mining capacity reduced  from 10 to 8 btc per day  Sad

hope that btc rate will grow in same pace and bitcoin will not cost near 700usd by November. It may cost that much in fact, as we've seen with previous hash rate growth, btc rate been on rise too. In this case hoarding btc (or investing into ASICMINER shares) can be more profitable rather spending it on buying into FPGA mining.

Tom Waits: We should just start as soon as possible cause we might catch a rabbit before we have our pants on. (Juxtapoz)
Dashing (OP)
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June 02, 2013, 12:35:52 PM
 #23

prospects for FPGA is indeed not so bright. If difficulty will grow near 18% in two weeks (it been growing around 15 % in 2 weeks recently) then by November 2013 diff will be  96203242 that means 0.08 btc per month from 500mgh FPGA unit.

Even for ASIC it will cut profit quite significantly, after last diff rise from 11 to 12 mills my bitcoin mining capacity reduced  from 10 to 8 btc per day  Sad

hope that btc rate will grow in same pace and bitcoin will not cost near 700usd by November. It may cost that much in fact, as we've seen with previous hash rate growth, btc rate been on rise too. In this case hoarding btc (or investing into ASICMINER shares) can be more profitable rather spending it on buying into FPGA mining.

Yep, thats 100% true, i think we'll have to wait for cheaper ASICs to come out and maybe then it'll make sense in making a all in 1 miner like this i guess, as FPGAs just wont do much in a few days
Pinwheel
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June 02, 2013, 02:13:50 PM
 #24

prospects for FPGA is indeed not so bright. If difficulty will grow near 18% in two weeks (it been growing around 15 % in 2 weeks recently) then by November 2013 diff will be  96203242 that means 0.08 btc per month from 500mgh FPGA unit.

Even for ASIC it will cut profit quite significantly, after last diff rise from 11 to 12 mills my bitcoin mining capacity reduced  from 10 to 8 btc per day  Sad

hope that btc rate will grow in same pace and bitcoin will not cost near 700usd by November. It may cost that much in fact, as we've seen with previous hash rate growth, btc rate been on rise too. In this case hoarding btc (or investing into ASICMINER shares) can be more profitable rather spending it on buying into FPGA mining.

Yep, thats 100% true, i think we'll have to wait for cheaper ASICs to come out and maybe then it'll make sense in making a all in 1 miner like this i guess, as FPGAs just wont do much in a few days

Cheaper ASIC will be on offer from September, many guys from Avalon's chips group buys may wish to sell.
I'm talking to few PCB manufacturers in Pune and HYD, but all usual staff, chances seems to be very slim to make it in India.

Tom Waits: We should just start as soon as possible cause we might catch a rabbit before we have our pants on. (Juxtapoz)
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