Bitcoin mining efficiency and Botnets
Bill Stewart
bill.stewart at pobox.com
Mon Oct 14 18:58:47 PDT 2013
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.
More information about the cypherpunks
mailing list