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Andrew Vorobyov
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October 18, 2011, 10:00:16 PM
 #1

Did you see share of "other"



I smell ASICs coming in sooner than expected

http://bitcoin.stackexchange.com/questions/103/whats-the-difference-between-an-asic-and-an-fpga-which-is-better-for-mining/782#782

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wndrbr3d
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October 18, 2011, 10:01:55 PM
 #2

uh, probably not.

i'm guessing as small time miners withdraw from pools due to falling prices and rising mining costs, the larger solo miners are taking up a larger slice of the pie.

so that chart should really read, "pools here and everyone else there" Wink

                                 
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.CARDSTACK..............
...The Experience Layer of the Decentralized Internet.....
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------
..Bringing scalability and usability to....
..dApps for mass market adoption......
------------------------------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------
..TOKEN EVENT      .GET ON WHITELIST.
...
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---Twitter   ⦁   Telegram   ⦁   Blog   ⦁   Bitcointalk----
gw4tt
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October 19, 2011, 03:00:30 AM
 #3

seems like botnets to me.
rph
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October 19, 2011, 03:31:10 AM
 #4

IMO the drop makes FPGAs even more attractive than an ASIC as they are
faster and vastly less expensive to set up.

If it was risky to invest $100k+ in an ASIC at $11/BTC, it's totally insane at $2.50/BTC.

Assuming nobody already has a working ASIC that significantly outperforms FPGAs
(true, AFAIK)

-rph

Ultra-Low-Cost DIY FPGA Miner: https://bitcointalk.org/index.php?topic=44891
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October 19, 2011, 04:12:14 PM
 #5

IMO the drop makes FPGAs even more attractive than an ASIC as they are...

seriously?! given the retarded start up cost associated with FPGA (not even mentioning ASIC), that'd be a stuuuuupid investment as at current prices, it'd take you FOR EVER to earn back you initial investment.

if someone's going to speculate with that kind of money, might as well just BUY bitcoins at this rate.

                                 
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         ▀▀████████████          
             ▀▀█████▀▀           
                                 
.CARDSTACK..............
...The Experience Layer of the Decentralized Internet.....
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------
..Bringing scalability and usability to....
..dApps for mass market adoption......
------------------------------------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------
..TOKEN EVENT      .GET ON WHITELIST.
...
---------------------------------------------------------------------------------
---Twitter   ⦁   Telegram   ⦁   Blog   ⦁   Bitcointalk----
nmat
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October 19, 2011, 04:32:18 PM
 #6

uh, probably not.

i'm guessing as small time miners withdraw from pools due to falling prices and rising mining costs, the larger solo miners are taking up a larger slice of the pie.

so that chart should really read, "pools here and everyone else there" Wink

I agree. And these are good news because decentralization is increasing.
RandyFolds
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October 19, 2011, 11:19:02 PM
 #7

seems like botnets to me.

No way. That would be a clownishly gigantic botnet, and with btc at $2, there are tasks that are a hell of a lot more lucrative for the operator to take on.
gw4tt
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October 20, 2011, 02:24:52 AM
 #8

the botnet has been spreading since before it went down to $2
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