Parja
[H]F Junkie
- Joined
- Oct 4, 2002
- Messages
- 12,670
It would --- yes.
For example.
I bought one of the Bitmain A3. It is my first ASIC.
The A3 computes siacoins' algorithm at 815GH/s at stock speeds and cost $2,400.
A 1080TI computes siacoin's algorithm at 3GH/s at stock speeds and costs $800. ($700 MSRP - but can't buy them for that)
That's a 270:1 ratio to the fastest current gen CPU, at only a 3:1 price difference.
Most people seem to overclock their A3's and push the needle towards 900GH/s.
The A3 uses 1300 watts. If you undervolt GPUs you could run 6, 1080TI ~ 1300 watts. So even from a power perspective an ASIC blows GPU's out of the water. With 1300 watts total draw you can get - 815GH/s or 18GH/s with 6, 1080TI.
So yes -- everything you mined on a small operation for the last year, might be outdone in one day by a single ASIC. Difficulty will skyrocket, and a GPU will make basically nothing subsequently.
Yeah, but you're stuck mining Siacoin. Nobody in their right mind has been mining Sia with a 1080Ti for a long time now. How much are you currently making a day with your A3?