Cryptocurrency Mining: Why Use FPGA for Mining? FPGA vs ...
Discussion about Primecoin and its infra. Primecoin is a very innovative cryptocurrency, being the 1st non Hash-Cash PoW crypto, naturally scarce (not artificially), with very fast confirmations (1min), elastic readjusting reward & a useful mining (byproducts are primes). Primecoin is sustainable (miners are guaranteed to have revenues), and decentralized (ASIC/FPGA are not particularly advantaged). Sidechain for decentralized data applications (e.g. Storj) currently in development.
would bitcoin mining with an FPGA (or multiple) be feasable?
so i was thinking a bitcoin asic is only good for one generation of asics and if a new one comes out they are no longer profitable, then i had the idea to use an fpga and becasue an fpga is basically as fast as an asic there shuld be no difference in berformance and once a new generations of asics comes out you would only be one firmware update away from being profitable again. do you guys thinck?
Bitcoin mentioned around Reddit: Intel patents a Bitcoin mining hardware accelerator technology that can potentially reduce power usage by as much as 35% and can be added to ASICs, SoCs, CPUs, and FPGAs as well. /r/Futurology
Bitcoin mentioned around Reddit: [Serious] what kind of mining hardware should one invest in with about 1k of available funds for a passive income stream?? should one use usb(s), ASIC(s), FPGA(a), or GPU(S) in this age of the game wi /r/AskReddit
what kind of mining hardware should one invest in with about 1k of available funds for a passive income stream?? should one use ASIC(s), FPGA(a), or GPU(S) in this age of the game with what coins are available to mine right now?? /r/Bitcoin
Bitcoin mining evolves from GPU to FPGA and now custom ASIC
Bitcoin mining used to be rows of consumer gpu's brute-forcing the sha-256 encryption (max 2000 Mhash/s). After that people and companies started using expensive fpga setups to do it faster (100-25000 Mhash/s). Now companies have developed custom ASIC for bitcoin mining. (Avalon , Bitforce , Deepbit). It has an impressive speed of 4.5K -> 1500K Mhash/s . This increase of computing ability will probably put the gpu mining out of business and shake up the market abit. Some numbers: https://en.bitcoin.it/wiki/Mining_hardware_comparison
I have a friend that want to try mining bitcoin and I want to help him. I understand the operating principle of bitcoin, but how come there exists bitcoin and miners (such as cgminer)? Could anyone provide a guide to reading the source code so that I can understand it on a deeper level? P.S. I tried to look into the make file, but I am not an experienced programmer so I could not understand much, is that the right direction?
0xBitcoin might experience some benefits from ETC's recent decision to go to SHA3. For one thing, if ETC developers turn their minds toward SHA3 GPU mining, it seems likely that they'll be very interested in the optimization work already done by Lt. Tofu and Azlehria on Cosmic and Nabiki. But they may also spot additional optimizations, which could most likely be ported back into our miners! For another thing, since ETC has a larger community than 0xBitcoin's, it's likely that they have people with very diverse skills. As they turn their minds toward SHA3 on FPGAs, I anticipate they will be choosing FPGA boards and writing software for them that probably will not be very difficult to alter to mine 0xBitcoin! Practically speaking, this may result in a new era of mining where a respectable hash rate can be achieved with much less electricity expense. Basically, if people with EE or hardware development backgrounds in the ETC community pin down some of the variables involved, like development board, it seems very likely that we will be able to get FPGAs mining 0xBitcoin quickly. We recently exchanged some nice words with Alex Tsankov. He revealed he is doing work that may allow merge mining ETC and other projects like 0xBitcoin. I don't know how good this will be, but it's hard for me to see how this could be a bad thing. It's really great to have nice words from Alex, because he seems like a very smart dude who is very open to collaboration. I have joined the ETC Discord (edit: link removed for just-Reddit-things reasons, you'll have no trouble finding it) and will be watching for opportunities to tell people there about our miners if they don't know, and watching for info about their developments on SHA3 miners.
FPGA mining efficiency (hashing speed/power consumption) is very efficient, compared to GPU mining and drastically outperforms CPU mining. However, ASIC is still faster and more efficient than FPGA. For networks that are more purpose-built for the likes of ASICs and GPUs, such as Bitcoin Private, FPGA will not be able to make a strong incursion into its mining pools. While this is true for Bitcoin and some of its hard-fork derivatives, the same is not true of the likes of Monero or Bitcoin Gold. Both of which work in such a way as to deter ... FPGA Bitcoin Mining: General Background. FPGA mining is a superior option when compared to GPU or CPU mining, but it does not hold a candle to the power of the ASIC miner. While these were considered the best and fastest mining devices at one point in time, the reality is that the days of powerful Bitcoin FPGA miners are far behind us all. The ... FPGA Bitcoin Mining. At the foundation of block creation and mining is the calculation of this digital signature. Different cryptocurrencies use different approaches to generate the signature. For the most popular cryptocurrency, Bitcoin, the signature is calculated using a cryptographic hashing function. Field programmable gate array (FPGA) is an integrated circuit designed to be configured by the customer or designer after manufacturing—hence "field-programmable".FPGAs are integrated circuits that can be tailored to suit a particular task like mining bitcoins, after their manufacturing thus creating ASIC.
I want to give a shoutout to NotSoFast for tweeting about the FPGA's and also want to mention that my preorder is not like the preorder days of 2014 (i.e. Ti... This short video by Whitefire990 demonstrates an FPGA mining rig consisting of 8 Xilinx VCU1525 FPGA cards. The cards are running freely available software a... FPGA Miner for Cryptocurrency Mining: Why Use FPGA for Mining? FPGA vs GPU vs ASIC Explained - Duration: 7:56. ... Bitcoin Mining with FPGAs (EC551 Final Project) - Duration: 6:11. T4D #84 - Pt 2 Bitcoin Mining, BFL ASIC vs FPGA vs GPU vs CPU - Duration: 28:50. mjlorton 63,590 views. 28:50. Innovate with Altera DE1-SoC Board - Duration: 5:09. terasicTV 23,396 views. FPGA Miner for Cryptocurrency Mining: Why Use FPGA for Mining? ... Bitcoin mining 4 DE2-115 Altera cyclone 4 FPGA - Duration: 0:31. M J 275 views. 0:31. Language: English