Bitcoin Forum

Testing support for a multi-group Group Buy
This GCB has now opened. Reserve Your Position, chips will be shipped in the order of reservation. If you are a group or individual planning on purchasing the Bitmine A1 ASIC Chip, we can save up to 25% off the cost by pooling our resources together. SWMC will be using The Wasp and Hive design created by The Wasp Project Collective, of which I am a member, to build its own miningware. Just like you, we want the best price we can get.

I suggest a tiered approach by raising funds up to the amount of each discounted quantity. Tier 1 would be for 500 A1s and no discount. Once funding is secured for Tier 1, then we move on to Tier 2 for 1000 A1s with a 2.857% discount. Having Tier 2 funded, we move on to the next tier and higher discounted price and so on... For each tier level that is reached the cost per GH/s - A1 Chip is reduced, which would give you credit towards the next tier (e.i.. You get more for the same money.)

Again, this is only a test to see if there is support for a multi-group GB. So
Chime in and let us know what you are thinking or reserve your position in the order stack.

EDIT: Just a note, there will be no markup on this GCB if it is completed. The point of this GCB is to get the best price possible for the chips. You can do what you want with your chips and they will be sent to where ever you want them to be sent to. The only additional costs will be the extra shipping involved in moving your chips to your preferred location. The WPC will be offering licenses for the Wasp and Hive design so there will be plenty of places you can have your chips mounted if you want to have them on a Wasp. Or, you may have other ideas and that's just fine. The orders will be by the chip, so if you want 30 chips, you can reserve 30 chips@$X-Tier. If you want 1200 chips, it's just the same. Let's just work together to get the lowest price we can. Why let just the biggest mining operations have the volume price advantage? You can also create or add your own escrow accounts and your own purchase groups so long as you deliver the funds when they are needed to make the final purchase. I just serve as an organizer, so you don't have to send me anything at all.

When reserving your lot and please post comments in a separate reply so reservations won't get missed.

Please use the following format: [Y A1 Chips@$X-Tier#], where Y is the # of chips you want, X is the maximum in USD you wish to pay for each chip and # is the Tier Level.

Example: 100 A1 Chips@$87.5-Tier1

Thanks,
James Tate

Below is the pricing table for Bitmines A1 ASIC Chips.

yes

Well, there's one vote in favor, who else?

Posted From bitcointalk.org Android App

Depending on when the order would go down I might be interested in 100 @ $70 per

Would be to go with the Wasp setup been watching because I like the idea.

OK, we have one marked as 'interested' when we reach 9999 9900 A1 chip requests. That's a start anyway.  :)

i would need a pcb design or better complete boards where to just add the chips,
but then i would get at least a TH of them

James this is great.

I can hold enough BTC (or is it $?) to buy ten more chips at all tiers solely so that you can bump up if needed, until date to be confirmed, unless btc skyrockets details also tbc

I don't really want them myself, so please let the big guns roll, and we sort out what I do with my 10 after the buy, no worries.

But I do reckon you'll get to the top tier soon enough.

We will offer a fabrication/assembly service for the Wasps, and will offer a few of the PCBs for sale as soon as the design is finalized and we get a manufacture producing the units. I will mark you up as a possible reserve for 1 Th/s worth of A1s.



Thanks railzand, I'll put you down for a reserved count of 10 A1s. And don't worry, if you don't want to take physical possession of the chips there are lots of ways we can handle that for you. You can sell them to someone else, we can mount them for you and you can sell them on the Hashing Exchange or to someone else or pay the assembly fee and have them shipped directly to you or to the individual you sell them to.

I think that I will change this thread from 'Testing' to 'Open' if we get a few more interested parties. So, how bout it?  :)

When I go live with this Group Chip Buy, I'll post a link to a spreadsheet or something like it so we all can see the progress of the GCB. I might also link to web page that will let you place a reserve order, etc.... etc...

Is there any ballpark figure, in $/GH terms, of what the assembled boards/hive will go for? Is this going to be competitive/cheaper than simply buying an Antminer S1?

+1

If we are buying the chips only at $3.5 per GH that means for 1TH you need $3500.
And that is for the chips only.

There's a complete 1TH unit available from mid March at $2550.
TheObserver made a GB about it: https://bitcointalk.org/index.php?topic=452850.0

its still to sort out if these are real

interested

They might be real, but sounds like a one-off-shot operation that managed a rare deal on prices. Could be a couple of hobbyists that just got a wild hair and went for it. There is no discussion about mass production. They claim to have made more units than they really wanted and are selling the overage to recover costs. They also claim to be working on some Black Arrow Minion units. They are either two hobbyists, clever marketers or scam artists. Who knows? The main point is, if they are legit, availability will be very slim.

I'll try and get the specs that you guys asked for on the $GH/s for the A1 Wasps and post it here.

Here is a little information. I'll work on the rest and provides link to a spreadsheet.

Chips Only

Low Power:	1TH/s@17.5W	=	20GH/s x 50 A1s@$87.5	=	$4375.0
Nominal Performance:	1TH/s@24.0W	=	25GH/s x 40 A1s@$87.5	=	$3500.0
Turbo Mode:	1TH/s@25.0W	=	40GH/s x 25 A1s@$87.5	=	$2187.5

Here is a spreadsheet I've been working on to keep track of all the information: https://docs.google.com/spreadsheet/pub?key=0AvMjxnIDQFujdEJKUS1rRmZrTW95YnZfcklXR1BhcGc&single=true&gid=1&output=html

Let me know what you like about it, what you don't like and anything you would like me to add.

 Thanks!

interested

I would potentially be looking at getting 250 of these chips

I think 100 users 100 chips each are 10000.
4 Ths per user only 7000$
Im interested 200 chips. But I need exactly delivery date.

I'm certainly interested in this, but I have a number of questions.

1) Do we have any kind of ETA when the Wasp board designs might be ready for these? I checked the Wasp and Hive threads, and to a non-EE like me, it's clear as mud.
2) How many chips would be required per Wasp board?
3) Are there any other current board designs that would use these?
4) More to the point, is anyone doing dev project to actually fabricate the boards?
5) What would be the initial time estimate for these to start hashing?
6) What plans, if any, do you have in place for delays like those that hit the Avalon chip group buys and Klondike/BitBurner board development problems?

Good questions.

Hopefully we get good answers  ;D

The last bit of information that I got was that The WPC has A1 sample chips in the hands of an EE and that he is working on getting the prototype Wasp functional. This is the final step to having the board design finished (at least for the A1s).  Once we have a working Wasp and the licensing is worked out, we will likely be ready to start fabing the Wasp PCB. As for how long this will take, it's hard to say for sure, but it shouldn't be too much longer (days or weeks, but not months.)


With the A1s there will be 6 chips per Wasp.


We have a prototype Wasp for the A1 in the works as we speak. The only other board design that I know of is the recent release of a Bitmine 2-Chip Evaluation Board Reference Design.


Answered.


Depends on when we can get: 1. The chips. 2. The A1 Wasp board design. But I can do a small production run for a few boards a day (including PCB fabrication), then with assembly and testing one or two days for a small batch (maybe 15 -50 Wasps a day to start, then a rapid increase in that number as we iron out the process and get the production running smoothly.)


It depends on whether the chips have been paid for yet or not.  If they have not been paid for, we can discuss purchasing a different chip or processing refunds.  If they have been paid for, we'll have no choice but to wait, demand a refund from Bitmine or join the lemurs as they go over the edge.  ;D

As far as board development problems, we won't consider ordering the chips until The WPC has a working prototype and The WPC has made a final decision on its licensing for the Wasps. 

I have put together two spreadsheets to provide you with information. The first one is so that everyone can keep track of what the tally is for reservations and commitments in this GCB. The second is an estimated cost sheet for the various Tiers at a given hash rate. The second sheet is based on the estimated costs of The Wasp and Hive Project Wasps using the CoinCraft A1 ASIC. I think that I have made the information fairly comprehensive. If you find an error, please let me know so that I can correct it.

CoinCraft A1 GCB Reserve Placement Spreadsheet (https://docs.google.com/spreadsheet/pub?key=0AvMjxnIDQFujdEJKUS1rRmZrTW95YnZfcklXR1BhcGc&output=html)

In order to bootstrap the SWMC Hashing Exchange, I am considering offering 120 Contracts for 1 fully populated CoinCraft A1 Wasp @$10 each contract. The Contracts will be exclusively for the SWMC Hashing Exchange. A single Wasp hash rate will be 120 GH/s (on Low Power), 150 GH/s (in Nominal Power) and 240 GH/s (with Turbo Power) with a ± 20% variance per chip. Each contract will be for 1.85 GH/s since not all chips will operate at top performance, That makes the Maximum price $5.56 per GH/s. The range for the estimated cost of a whole Wasp is estimated between $1200-950 per Wasp. For the contracts on the Wasps themselves, if the final price turns out to be less than $1200, then anyone who purchased a Contract will have the GH/s increased accordingly. The owner will be able to keep or sell their GH/s on the Hashing Exchange and there will be no hosting fee. There will be a small trading fee if you trade your hashes and a fee to cover the costs of operation (i.e. Electricity, Maintanace, etc...) Here is the link to the Estimated Costs for the Wasps. The prices vary because of a volume discount on the purchase of the CoinCraft A1 Chips.

Estimated Cost of Wasp (https://docs.google.com/spreadsheet/pub?key=0AvMjxnIDQFujdFNyUkZ2eHB5RVM3WmVyQUhyenBWLWc&output=html)

Here is the link to the related thread: https://bitcointalk.org/index.php?topic=453118.0

Still need interested parties! Post a reply and reserve your place in the shipment que.

We're getting closer to the Wasp A1 rollout!

Any updates? Are you still going for the A1? Might be interested in buying 50 chips