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Gate for gate an FPGA consumes more power then a dedicated chip, but the power dissipation depends heavily on the programming. Careful programming can reduce power dissipation.

A potential advantage of an FPGA over a dedicated chip is that any unused functions can just be left out, saving power dissipation and logic resources. This is the (largely unrealised) promise of Reconfigurable Computing [1].

[1] https://en.wikipedia.org/wiki/Reconfigurable_computing



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