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Posted on 04/15/2014 9:51:12 AM PDT by Errant
Alpha Technology has a new development update and its Viper scrypt board seems to be making headway.
The British ASIC maker said it has completed the schematics for the ATX power distribution board and of the AC power metering board. Those of the actual ASIC board are not complete yet, but Alpha said it is “almost” done. In addition, the company has finalised the design of the enclosure and WebGUI user interface.
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In any case, the advent of powerful and immensely efficient scrypt ASICs is not good news for GPU miners, as the ASICs will render GPU-based miners uncompetitive in the scrypt arena. GPUs will still be capable of mining certain types of altcoins based on alternative ASIC-proof algorithms, but the market for these altcoins remains limited.
(Excerpt) Read more at coindesk.com ...
Btw, we're back up to the $500 range for Btc.
i shutdown my 30Ghash butterfly miner about a month ago.
once the network total went over 40,000Thash/s, there was no real point as it would mine about 0.0810 btc/mon on average.
if you’re wondering about the math:
(your rate / network rate) * 108,000 btc/mon
in my case:
(30 Ghash/40,000,000 Ghash) * 108,000 btc/mon == 0.0810 btc/mon
Were you paying for the electrical costs? If so, I’d leave it running. That .08 monthly btc could be worth 10 times what it’s worth today in the near future (i.e., a year or two).
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