Bitcoin mining efficiency and Botnets

[Bill Stewart]

Lodewijk andré de la porte <l at odewijk.nl> sent an interesting reply.

>Date: Tue, 15 Oct 2013 02:57:52 +0200
>Subject: Re: Bitcoin mining efficiency and Botnets
>From: Lodewijk andré de la porte <l at odewijk.nl>
>
>"High end" (optimal for mining != high end per 
>se) GPU's have been dumped since forever in 
>favor of FPGAs. Some people picked them for 
>availability or resell value even in the FPGA era.
>
>FPGA is now totally dead because ASICs rule the 
>game totally. They're totally Bitcoin exclusive 
>so resale value if Bitcoin goes bam is 0. 
>They're flooding the market at increasingly 
>competitive prices and there's likely no money 
>to be made off them soon, except where electricity is cheap.
>
>If your profit depends on bitcoin achieving a 
>certain success it is usually better to buy BTC 
>directly, and save yourself risk and hassle with physical objects.
>
>Note: Litecoin's mayor advantage is that it's 
>something that works relatively better on GPU. 
>There GPU is still fighting FPGA and ASIC would 
>be less feasible (maybe even infeasible?) bc of memory demands.