Bitcoin Forum

We are back with latest 16nm ASIC,supported by BITFURY.
working sample ready. 3 models
7T， 2.9KG, 325x165X130mm，
11T, 3.5KG, 325x165X130mm
30T, 10KG,  325X165X400mm
100W/THS, 0.1J/GH on wall
we provide hosting service at the same time. 0.09usd/kwh.
miner pics:
https://i.imgur.com/LuQ1EVD.jpg
https://i.imgur.com/RqbQzkk.jpg
https://i.imgur.com/LuQ1EVD.jpg
hash board pics:
https://i.imgur.com/h9rOD8h.jpg
https://i.imgur.com/3tzVb0W.jpg
https://i.imgur.com/oxWG8TO.jpg
https://i.imgur.com/kf0IO56.jpg
video is here:
https://youtu.be/yMY6bIBKAtQ (https://youtu.be/yMY6bIBKAtQ)
https://youtu.be/mPyTKAufstg (https://youtu.be/mPyTKAufstg)

This has to be a joke.  By April the difficulty will make this miner over 1,000 days to BE @ .42/Ths

Oh.....and that's NOT including the reward halving in July!

You guys are going to SMASH the network with these things....make a fortune and then try to DUMP them on miners for a king's ransom...
Anyone who buys this is our of their mind.

Yeah... let's evaluate...

10TH/s for 4.2BTC not gonna get it until April if I'm lucky.

(9.5TH) 2xS7 for 5.6BTC I have in my hands next week.

I mine for 12 weeks with those S7s before I have the possibility of getting yours.  Even with 10% increases every jump, I'm still going to mine about 3BTC in that timeframe.  That more than makes up for any price difference between the two miners.

Good luck with that.

it is a nice miner.

I am willing to do a long write up on this site. with fair and honest photos and results.


My conditions are simple send the demo when it is ready.

 I won't even keep it I would return it or ship it to a customer.

I would just do a fair 7-14 day review.

wow the PCB glows...you must be using some cool new tech to run these.

Please! Take all of my money for your fancy glowy ceiling vent tube thing!

Seriously?  Nothing, including the table, in your pictures looks real.

J if you're still in control of this bitcointalk account can you message me on skype please.

LMAO Being an HVAC specialist I thought the very same thing on first glance  :D

Or this:
https://i.imgur.com/v2QP4QS.jpg

Wow,unless BTC hits $600-750 this will be hard pressed to make ROI  ::)

Maybe its a stolen or purchased BTCTalk account. Because this seems like a complete scams but the member is not a newbie.

I'd love an opportunity to review a unit or organize a trusted group buy.

http://www.lightningasic.com/ doesn't seems to work anymore. Careful with this.

Clarification could be good OP.

Edit: website work, just really really slow.

Sending BTC to unknown company in china? :) So clever idea!

take a look our record on bitcointalk.

send me message.

this account is under control by LIGHTNINGASIC team. not bought or stolen.

Unit looks nice. I would do a review on it if offered the chance.

Is there a live unit available? If not when can we see one?

I'll review a unit when available if you would like. PM me to initiate.

Do you even have any Bitfury chips?

Can you not afford to develop this on your own dime?

I think you are failing to see the purpose of the dog's post.  If you are the same owner of the account as in the past, you will have his contact information on skype, and will be able to message him from the same account "you" used on skype in the past as well.

<Insert excuses here for being unable to do so>

Can Bitfury confirm this...I don't see them selling chips to a company without press about it...

I would agree Bitfury does confirm in cases of sales, I know they did it for Bit-X when it was doing cloud mining.

I would not touch this product at all.  My rule is if just rendering I do not buy no matter how good it sounds.  Just to many scams have used renderings and never have a product.

140GH/s x 24Chips + Magic = 10TH/s

The numbers just aren't adding up at all for this alleged device.

 I sense SCAM.

I'm not sure, but my gut tells me scam :-\

on my skype list, there is hundreds contact. how can i remember him?

the time will prove it.

very soon, there will be announcement.

we have done many products: miner, atm ,hardware wallet etc.

Will be this the new (AND ONLY) miner from BITFURY?
Is the release date acurate?
Can you give us the new chip's features?
Will be the new miner controlled by raspberry or with a plug&play system like antminers?

Thanks!

PD: Waiting new anouncements this month...  ;D

Take my money, my wife, my first-born, just let me have the damn 10THS miner!

Ventilation fan as a cooler is funny.
Lame scam attempt...

Then there is the meta problem re "The Halving".

1) If you buy into the thesis that BTC will appreciate because of "The Halving", you guys sit on a pile of BTC from preorders while BTC appreciates.

2) Probably, the smart money in the March April time frame will start to dump their older equipment glutting the used miner market.

You have potentially a great setup, you presell equipment that you have mined with, deliver in a time frame where mining equipment is (rapidly?) depreciating and throughout your pile of BTC is appreciating.

Yesterday it was 1000w today 100w??

Confirmed its still him, same guy who did Lightning ASIC based devices.

100W/THS on wall  ;D

The post has not been edited. Its 100W/TH = 1000W.

Here is the other thing that is mystifying:

Gold, Bitcoin Soar After China Liquidates Most Reserves On Record To Defend Currency

http://www.zerohedge.com/news/2016-01-07/gold-bitcoin-soar-after-china-liquidates-most-reserves-record-defend-currency


You would think that BITMAIN, Bitfury and Avalon would further reduce the price of their mining hardware to get dollars.

Well from what has been posted it will be interesting to see announcements, and more information released in the near future.  For now there is too much room for speculation, and reason to be skeptical.

The numbers and renders do look pretty sweet though!

The render looks pretty sweet if you know nothing about electronics. Those boards don't make a bit of sense.

I doubt both the chip size and count. Likely the new Bitfury ASIC will be in the 10mm square package or smaller (based on per-chip power dissipation estimates). To get 10TH at 0.09J/GH (assumptions: 90% PSU, string design) gets you about 80GH per chip so 125 chips required.  With two boards (if the renders are anything like the final design) you'd need something divisible by two for node width. Two 21x3 strings gets you 0.57V at 126 ASICs and makes for one heck of a dense board if the estimated render dimensions are anything close to actual. Avalon 6 puts 36 ASICs to a board; S7 puts 54; this guy would have 63. Bitfury string designs in the past were fairly sparse, but they were also pulling about 3W per chip instead of 9 so I'd be surprised if the same kind of designs would be as stable under the new chip.

Why would he come here and post something tied to BITFURY that isn't true with no sign of a preorder?  They are gaining nothing right now by posting this, and clearly everyone in this thread has already labelled it a scam so who is going to get burned?

I may not know a lot about electronics as you would say, but I also don't think that deep into this rendering as you but at the fact that it looks cool to me and realize it is probably not the final product.  

Why would a 63 ASIC per board design not work when this miner is listed with dimensions of 350x140x155(adjustable according the design) and a S7 with 54 is 301mm(L)*123mm(W)*155mm(H)?

For the record I am not defending it nor claiming to be technically sound, but being open minded to OP's post and everyones take on it.

I'm not calling it a scam either. I'm criticizing the innards render. I guess it works if they want people to only know the location of fans and heatsinks inside the case, but there isn't really much of it that makes sense. Even the screw holes on the outside housing don't make a lot of sense yet. I'll let everyone else argue about the price and viability and trustworthiness of the poster and whatever.

I don't know why anyone is looking at the rendering, they're stock CAD models he's used just to show the formfactor of the device.

I hope to be wrong,
I would be happy for the competition bitmain

Yes, we really need more hardware manufacturers to bring down the fucking price from actual antminers....!

I would like to stop seeing more new miners; if we only have had the actual miners, diff would not rise and all of us would be happy doing easy money...  :-\
The more new models and manufacturers are the less value the actual hardware have...  ::)

It's a race and you are starting to lose it at the psychological level  :P

Bring it on!!! But the price might be a bit high for April

I'm willing to carefully and thoroughly review a unit.

And unlike the Spamdoolie toadies (ie RoadStress) I won't open an unnecessary new thread for it, just to crowd out competitor posts.

What I look for in a miner is low cost electricity and low decibels... 
What is the expected decibels on this little baby?

 Bitmain did so already. No clue if Avalon is going to follow, and no clue about BitFury since they've not announced pricing on anything new in a LONG time.

Don't worry, i'll buy 3 s7 next week  ;D

Got 3 in the house and 4 more coming next week! ;D
Maybe in april i will upgrade from ~30th to ~100th, if the price is right :P

So not even one asic out, a single chip, more details....

 :o
 ;D

I thought the same thing it looked to cartoon like and the cost is to much for the ship date and it's a per order for two months out ,to many negatives and not one positive,  if it was out the door by the end of this month and really shipped .Then maybe we have another bitmain with price wars and reason ably priced miners once again .The Price is kind of  justified if it ships this month etc .

Send him one he will send it back , and back  this up . by the way philipma1957  does things he may even buy it :). other wise this reminds me of a script miner some one tried to pass off on the alt coin forum one time, some one said all most the exact same thing send him one hell send it back.

These threads are just so annoying, you want it to be real, but everything about it does not add up. You just know that if this was your product, even at an early stage, the way you would present it and then follow up and answer questions would add information and credibility.

So it begs the question, given that unusually this is not a pre-sale, why do it?  OP what is the answer?


Rich

http://www.lightningasic.com/Product/ProductInfo.aspx?PId=17

Well it's up on the site now.
2k solid :/

the price has changed, yesterday when i looked it was $500,-  idk why, maybe some error
has anyone ordered one for $500,- yesterday? (not me)

I would not recommend placing any orders yet until more information is made available.

I seen that too! It was an error I do believe. Most likely he website was still being setup for it.
 Because the atm was 500$ too

I need to see a review before I even drop those kind of dollars!

I believe this is not a scam, but I guess it will be awesome if it offers 10 TH at 2000 USD
I am waiting for a official partnership announcement of BitFury

Any proof for your statement or it's business as usual a.k.a. speaking out of your lying ass?

https://bitcointalk.org/index.php?topic=898999.0

https://bitcointalk.org/index.php?topic=938782.0

Apology accepted.   :-*

two problems i see so far no real miner is posted on there site yet, just a computer generated picture. and in two months time bitmain may have a better one on the market at a cheaper price or lower there's enough were you can get three for 2k other wise prove me wrong, send off a few now for reviews because i some how got a feeling they will be selling used miners for 2k if  there not scamming now . while bitmain does send off new not used and does let us know if they are used at least all my S5 i bought, looked new , felt new etc that i bought as new. .

and this is a pre order not a per sell imo . to me a pre order means you are paying for something that doesn't exist yet and you are taking a big risk and pre sell means it does exist and is really to be shipped in days not months. Like bitmain does .


I agree fully rich

Side hack does give a step by step with real picture of the real miner as he makes it and does Per-sales not per-orders  . which we all like and does come thu for the home miner, which is no real threat at all to any of the big guys, it is just pure greed at this point .I don't believe bitfury at all , till i see it and do they really mean it  or are they blowing smoke out there ass for attention to help pay for the dev they did and have no real intention what so ever of selling anything to the public they just need to recover the money it took to make the chip if it even exists. .

no pre-order at this moment!

we will open pre-order very soon.

the other supplier miner price may be dropped to competive with us. but new asic is not like one piece of cake. so, in next coming 6 months, only this aisc can do  100W/THS .

That's BS or prove me wrong !!! ..  simple put unless you have spy's  inside bitmian you have no idea what they are up to .

cya i gonna watch this thread but at this point seeing is believing . :) .

it's CAD models. used just to show the formfactor of the device.

the key is not how many asic on one board.the key is the chipset efficiency. the power is same.500w/board , max 600W.
S7, old version  s7, 162pcs asic, 54asic/board, new version, 135pcs asic, 45asic/pcs. 1165W on wall, 8.6W/asic,
A6, 80pcs asic, 40pcs asic/board, 1100W, 13.75W/asic.
the 16nm ASIC,100pcs aisc, 50asic/board, 1000w, 10W/asic.
our design must work well.

I know this is a novel idea, how bout posting something, anything.  It could be a contract with you and Bitfury, a PO, a letter from Bitfury etc.  

Right now I see a thread that looks like another thread on here for Yesminers - https://bitcointalk.org/index.php?topic=1126303.0

I hope I am wrong but doubtful

yes. we just announce the news. and pre-order still not start yet.

So you will start building this miner from scratch as soon as you get the chips from Bitfury ?

yes.

dude tip  don't do per-orders, I would do per-sells if you care enough, wait till you have it in hand then sell it or take orders then, because if you need cash to buy the chips etc  that can lead to  bad things down the  road ands usually does , by taking per-orders that tells me you either need the cash to buy the chips or you plan to steal it which I hope is not your motive and so much can happen, in two months that can lead to bad or good things . and i have seen good intentions go to the way side because of time . if you noticed i have not once called this a scam, i did say if it's not, that doesn't mean the same thing with me .


cya

You won't get much money (or goodwill) out of anyone on this forum if you open sales before at least having a demonstrable prototype.

10W wall at 100GH per ASIC doesn't quite line up with what (scant) information we've gotten from Bitfury releases about the new chip, but at least it's in the right ballpark. You say you'll start building miners as soon as chips are available; does this mean you already have a design well underway? Or are you just announcing your intention to start designing a machine in the near future?

Not sure if this will help but thought I would give it a shot.

https://i.imgur.com/2HuHsor.png

Great Idea Kilo17  ;D

So at this point in time this is just an idea. You have taken the Bitfury spec, done a small amount of maths, nocked up a graphic that bears no relationship to the final product and started a thread?

To be honest... it would be better without any graphics or website sales item.  If it were my product I would be saying nothing until I had chips from Bitfury and had the first prototype working, at that point you have something credible that you can measure, take pictures of and share.

I hope that this and many other designs based on the Bitfury 16nm ASIC are brought to market, but please spare us from announcements that any of us could put together in a Tea Break.


Rich

Why not give it a shot over here: https://bitcointalk.org/index.php?topic=250249.0 ?

If only their hardware could be bought at ROI-able price...

They do really great ASICs, but mostly for themselves.

As for this miner, with such generic information and at 5 months of halving, it's dubious IMHO and I would not risk any preorder...

He has Bitfury's documentation, chips soon. This is a guy that has made plenty of previous miners so its not as if its just that rendering. As he said (and I said previously), its a mockup of the formfactor and nothing more.

All of that may well be true, but for those of us who are new we constantly have beaten into us by the old hands not to trust anything that does not look right, or has very little to back up claims being made.

So if this is from an experienced Miner Manufacturer they should know better than to produce some useless and misleading graphics.  If they have Bitfury Documentation they should be able to use that to put together specifications and drawing that are far more credible than this.


Rich

Can we see the purchase order from Bitfury?  How about the documentation?  You state "He has the Bitfury Documentation, chips soon", how do you know?

 By April, (quite a bit LESS than the 6 months you claim) I anticipate there will be more than one chip that can achieve that 100W/TH at the miner level.
 I am NOT counting KnC as they don't sell to the public ever.
 I am NOT counting 21etc, which seems to think that stupid "bitcoin computer" is worth selling.
 I am NOT counting BitFury lightbulbs.
 I am ONLY counting companies with a good history achieving their stated performance with reliable equipment and a stated intent to sell to small/home miners.

 I won't be entirely shocked if it's 3 companies meeting that target by April, and would bet a small sum on at least 3 making and selling miners in that range TO THE PUBLIC by 6 months from now (assuming the OP actually sells something real, not bad CAD pictures with specs that don't match the chip they claim they are using).

 Bitmain already has mentioned working on 14/16nm full custom, though no specific details yet (they want to push as much S7 as they can while it's still a viable product).

 If this machine was real and available in the next MONTH, it would probably be a ground-breaker - 3 months from now it should be playing catch-up, 6 months from now it WILL be playing catch-up.

 

21inc do have efficient chips hashing away in traditional miners. But VC money = "look how we're innovating and leading the market" yada yada so all we get to see is the RaspberryPis mining machines.

Here is my parsing of the situation:

Bitfury has mining centers or not with 16nm tech.

If they do have mining centers with 16nm tech, they can't loan one unit from the thousands that are mining for promotion? They can't even produce promotional material from one of the thousands of units? Even if they don't like LightingASIC, Bitfury can't loan a unit to a reseller they consider reputable?

The only conclusion that I can come up with that doesn't reflect badly on Bitfury, is that the 16nm tech miner is still under development or being prototyped.

We need action, not just words

Bitfury is using immersion tech in it's new mining center(s), per at least 2 announcements I've seen from them.

 NOT applicable to a home miner.

But they have also specified a lower 140GH/s v 184GH/s rating for an air cooled chip.


Rich

yeah ..they just run slower if not in immersion see this link...supposedly you may get some of these chips 'someday' er so they say :)

http://www.thebitcoinchannel.com/archives/52211 (http://www.thebitcoinchannel.com/archives/52211)

note link above you get more with oil cooling then w/o ...but they still seem to work ..just not as good :)

but again will probably get these chips in a home device LONG LONG after it makes any sense to do so..with continued expected 'mad' difficulty rises due

to massive data halls etc

The boards designed for immersion won't be usable for air cooling unless they wasted a lot of space on them (very unlikely when you know the cost of a large scale immersion cooling setup).
The power dissipation needed to cool such a dense amount of chips is really hard to reach with air cooling unless you underclock (not profitable considering the cost of the chips).

Boards made for air cooling, on the other hand, can be used in immersion, the power density won't be optimal, and you'll have a harder time to recoup the initial investment, that's all.

If they wanted to demo the chips, they could simply use a smaller acrylic tank with one or two blades like the ones we use for prototyping.
I'm not sure they want (need?) to advertise.

yeah I'm just going by the above link in the article where they imply you would lose 44gh per chip if you used it in an air cool manner....again their implication...not mine :)

quote

According to the company’s announcement, for miners using a traditional air cooling setup, the ASIC will be able to reach hashing power of 140 GH/s. However, by using liquid immersion cooling, the chip can reach hashrates of up to 184 GH/s.



from again this link:

https://bitcoinmagazine.com/articles/bitfury-to-mass-produce-new-nm-chip-and-sell-to-public-1452010171 (https://bitcoinmagazine.com/articles/bitfury-to-mass-produce-new-nm-chip-and-sell-to-public-1452010171)

So again ..you could be right...but they leave the reader with the impression that

1) they are wonderful fellows 'decentralizing' and such for 'home miners' and you could ROI (with difficulty pump this could be iffy imho)

2) that home miner makers or themselves can make such miners in an air cooled manner and it would all be 'hunky dory' :)

Anyway likely by the time they hit the market ...these same chips in their data halls and others they have sold to in bulk will make this whole 'home miner' idea moot

again imho

anyway where I was coming from on the info....but with KNC making another 20 kw setup and bitfury making a 50 kw setting and bitmain doing something the same
and of course spondoolies also I think a 20 kw setup....difficulty for btc will get damn interesting in that they ALL seem to be gonna hit around the same month or so

fun times :)

I will offer even better conditions. I'll pay for this unit, but sure only after getting it in hands and testing for a while. I like to explore something new. And to prove to the community that something is real.  ::)

This looks promising. Definitely more future proof with halving coming

Ditto...I've enough cred on bitcointalk I'll do the same...you send me a unit...I'll review it...pay for the unit (unit choice up to you) and then post all over bitcointalk 'eating crow' on
me ever doubting your good intentions :)

Also would post pics of inside/outside and video of setup etc..I'd be your biggest cheerleader :)

too bad this don't work...then it would mean there was still hope for me being Natalie Portman's 'Love Puppet' alas :( but then again the odds are the same imho for getting a yes miner unit to review :(

What the hell!!
What is that i am reading? the miner will have 0.25J/GH on wall??? the same eficience than a S7??  ??? :o :(

100W /THS is 0.1J/GH and would be very good.  :)

Rich

Please, look at the first post, they add 0.25J/GH, not me...  :-\

Probably a typo.
Because 4 PCIE plugs will already have some trouble for 1000w, but drawing 600w on each of them is impossible.
Even if it's a typo, I hope they will at least use 6 PCIE plugs for 1000w

Ok sorry thought you had added that. But if they can't even get that right it just goes to show that they don't know what they are talking about...  ???

Rich

Even the title of the thread have been updated, so maybe not a typo.
from
to

If those new numbers are real, there was no need to go to 16nm, and the price will be barely better than actual S7 pricing

The price is worse if that's the case since you don't get it until April?

yeah those numbers dont add up

From another thread this popped up: http://agenda.ge/news/48424/eng

It appears from this news that later in '15, Bitfury was still populating it's data centers with 28nm hashing chips.

So they edit the thread title and contents to be self-contradictory? That doesn't make sense.

Also, of course Bitfury was filling their shelves with 28nm. I get no page from that link you posted, but they announced 0.2J/GH 28nm in February and just recently stated they had tested engineering samples of 16nm. Does anyone expect they went from tested engineering samples to complete miners in mass production in zero time?

Yep they did in NEVER_LANd :D

Is there some sort of new technology for the board, its looks to be transparent and glowing blue ?  A transparent board would be pretty awesome if there's some material out there that could be used.  Honestly looks like the pics are completely fake. Is this thing even real ?

It's obvious that it's just a nice picture. Just like in case of B-eleven miner.

 It would be nice if they would resolve their new inconsistancy - 100W/TH is 0.1 J/GH not 0.25

 On the other hand, just makes me more inclined to think "SCAM" when they can't even be consistant on basic specs.

 250 watts per PCI-E 6-pin connector is within the connector specs - the SP20E runs up to 288 watts/connector quite reliably. It's the morons at KnC that were trying to push over 300 watts/connector EXCEEDING the connector specs that had meltdown issues.

its mistake. has be corrected to 0.1J/GHS

its mistake. has been corrected to 0.1J/GH

Its crazy how short everyone's memory is. When I suggested you could run the S7 off 4 PCI-E (~275W) everyone shit their pants, even though that's exactly what they'd already been doing for years.

If you've got good 16AWG cables, sure. 18 gauge, forget about it. And when you get up close to capacity for your cables you want to check them evey now and then because if one pin isn't connecting properly you're overloading the other two which can cause heat, which can cause contact oxidation, which increases resistance which causes more heat. Bitmain likes to play it safe with power, which is why they put 4 connectors on the S3 (less than 100W each) - which makes the KFC Neptune hilarious in context with its single connector for an equal or larger power draw. A miner requesting more than about 250W per connector is a questionable design, and they darn better let you know what is and isn't an acceptable wire size to use on it.

It's crazy how poor your reading comprehension can be. Nobody was shitting their pants.  You suggested something that -although is within the guidelines for the wiring and connector- clearly violates Bitmain's warranty policy, and effectively voids it.  Something you have been very sure to inform others not to do (and to include disclaimers when they suggest doing such things to others) in the past. The hypocrisy was the issue, not the specs. And, your response to that was "Bitmain is wrong" in this case.  ::)

Tell me, do you think Bitmain would hear the reasoning on PCIe and wiring specs if these boards would have only had 2x PCIe plugs melted to them instead of 3, regardless of whether or not it would have made a difference? (Hint: I'm aware it wouldn't have made a difference, except in the denial of warranty)

http://i63.tinypic.com/69nh9d.jpg

What you've posted was clearly not caused by the PCI-E connectors so.................................................................. Yeah now I remember it was mostly you that was flipping your shit, because you wanted to sell more of your $60 breakout boards and $4 PCI-E cables.

Anyway, back to the actual topic of the thread....

The point that it voids Bitmain's warranty is still a valid concern. Not exactly valid for the actual topic of the thread, which is "16nm ASIC, 10THS/MINER,100w/THS 0.1J/GH on wall".

It would be nice to see at least six connectors on a 1KW miner. SP20s made me a bit leery when some clockings were asking for around 300W per connector. None of my hosted machines smoked out, but I did see one or two connectors starting to brown a bit.

Good god you are truly helpless. You should really work on your reading comprehension if you still plan to go to University one of these days.

Yes, back to the topic at hand, dogie looking for re-assuring pats on the head to feel important.  Good dogie, you were right about something that absolutely nobody was questioning and is completely self-evident given published data. Have a cookie.

I'm not comfortable with over 250W on a PCIe cable personally.  I ran many S5's with single 1.35mm^2 PCIe cables per board (closer to 15awg cabling) and they all turned the connectors brown over time, and that is only about 275W.  If it's 1000W at the wall after PSU efficiency, it would probably be fine.  But if they want to leave room for over-clocking, or that is DC wattage then they would definitely be better off w/ 6 connectors.

This is crazy man is the first s7 on fire that i seen what is the main couse?

I would definitely need to see a demo or a review of this before I would even think to consider it. That price alone is a huge turn off for me on this product. Caveat emptor indeed.

Yeah, and let's face the fact that block reward halving is most likely coming approx. in summer..

edit: this said from price aspect

The price isn't actually bad, if it actually exists AND meets that 10TH at 0.1J/TH efficiency specs.

Unlike existing miners, it should remain profitable for a long time after the halfing this summer, even with the competition it should face.

True, with cheap power like 0.06KWH it will be profitable for the next 500 days including halving and 6% diff adjustments. Kicks miners like the S5 out of the water which will all be unprofitable in July.

maybe more days.

I did hear back from Bitfury in regards to the email I sent them a while back.  It says they do monitor the forum for scams. 

I referenced this thread and the returned email stated "We’re aware of the thread you reference and will take appropriate measures if necessary. Currently we have no reason to do so."

I wanted to make sure to post the response here in case it caused any problems for the OP and I hope they do in fact produce some miners for the community. ;)

one good news.
the aisc is done.working sample is ready. all spec will very online very soon.sales will be started when stock ready.
take a look.
https://i.imgur.com/cXvRL7Z.jpg
https://i.imgur.com/SkJjfTt.jpg
https://i.imgur.com/jiYdXyo.jpg

Okay, now this is a nice surprise!
Is there an estimated release date, price?  :)

option is allways good.

I'd even consider if the price is decent. Wish I got samples when y'all got samples, that's way ahead of my dev.

Looks like two independent strings of 26 chips?

Those kind of look like Antminer S1 heat sinks or am I just seeing things?  :)

52 chips per board and 104 chips per miner then.  Do we have accurate stats on the chips to work out hashrate and wattage?

Since this is v1.0, I suggest ditching the current data cable connectors: Looks like they use crimp pins to wires or later a ribbon cable I assume. A pain to make costing $ in un-needed labor. Use simple MCS connector and standard ribbon cable slit to width/length.

3M is a Brand name for them but there are many other suppliers all using the same standard. Easy to automate and even if done by hand takes seconds to make a cable. Place connector, lay in cable, place top, squeeze together, done. For those who like to play, easy to make any length desired. Better yet, since the sockets are SMT, less chance of damage plugging/unplugging MCS/ribbon connectors vs any with squeeze latches (Bitmains come to mind...).

Also do not see any Vcore regulator(s). Relying on PSU stability/adjustment?

I am willing to do a review and pay for a unit.

Looking forward to something different then the s9.

I think the Avalon4.1 was about the only miner made in the last two years or so with non-hack Vcore adjustment. Not surprised to not see it.

It does simplify things and gives a few % more overall eff at the cost of no local Vcore adjustment. Given that many folks use server PSUs it would be nice to have a V+ remote-sense plug for feedback to the PSU so voltage drop from PCIe lead ga/length is taken out of the picture...

Who's chips are in this? BitFury? Canaan Creative?

Bitfury for sure, and if you ask me the ability to adjust Vcore is a requirement for a miner.

Same here. I can review and paid for the unit. Let me know.

Happy to see a new miner on the market.  ;D

So this thing only costs .42BTC did I hear that right ?  I might grab one if its really that cheap.

Agreed. I am more than willing to pay for the additional parts a software-adjustable buck takes and take the slight eff hit.

I will buy 5-6 pcs at that price (depends also on shipping cost).  ;)

Where's that price coming from? I'd expect the ASICs to cost more than that by themselves.

10 TH, 1000W, @ ~0.5BTC....  I would be in to try one as well.  It fits within the "single circuit" end-user mentality, and it will be stable and reliable... then I can easily see it making back it's cost and more (given my free power sites I have).

Don't get too carried away guys.... "the price is BTC0.42/THS, fob china"

0.42BTC per THS considering it's 10THS, that makes it around 4.2BTC

the last miners i bought of you turned out to be " to fragile to ship" according to you.
so you said you would have to host them,  which turned out very badly, with  over 50% downtime.

i was lucky to roi.
once bitten twice shy, i will never trust you again.

That's definetely some old numbers. This miner should be competetive to S9, so the price should be about 2.5-2.8BTC. The lower the better. )

Well, I am ready to pay for couple of these miners too. And yes - the review will be done too!  :)

Looks like its going to be CRAZY loud.

well..this is interesting at least!

I'd definitely purchase this if it's reasonably priced. I've had too many failed s9's and it's beginning to get frustrating

And unless the chips are way better than the engineering samples from earlier this year, there's no way it'll hit 10TH. At 104 chips per miner that's 10W per ASIC by the given J/GH curve which means a 1KW S5 which means meltdown. It also means 10W from a 6x6mm chip; the actual S5 ran about 7.5W from an 8x8mm chip and still had problems - 2.3 times the heat density means meltdown.

I don't have performance data for this chip handy but expect ~5TH from a board pair.

Others have tried to be competitive with Bitmain before and it just is hard to do.   SP did that with SP20 and they claimed to be losing money on them, and we all know they now are out of the game.   I will be really suprised if they can price on same level of Bitmain, but would love to be wrong and surprised on it.

Well it's a much simpler machine, shouldn't be too difficult. And if it doesn't fall apart in ways that aren't covered by any reasonable warranty plan about 20% of the time it's worth a bit more just because of that.

well the website does not list them at this time.

and I am not inclined to do a preorder or pay 4.2 coins for a 10 th machine.

BTW coins are up to 6.62 usd.

I don't mind paying 1000 usd  for it.

The 13th bitmaintech is 1550 so 10/13 x 1550 = 1192  usd that would make it exactly equal per th to $ usd

It would be able to run on a 120 volt 15 amp circuit.  which means the EVGA 1300 g2 comes back into play for home miners.
I would love to see this at $899.99 and 75 usd to ship it from The east to the USA>

$975 total would be good.

oh bitmaintech will simply drop its price to beat it but I did sell most of my s9's off and I am holding 20+ coins at the moment.

LOL... Guess I was wrong on the date I would have gotten the miner.  Shipping in March or April, huh?

Glad you guys actually got a unit built, but you missed your mark by over half a year.

0.42 Bitcoin per TH is going to make this unit a non-starter. That would be WAY too high compared to the S9, and even a bit on the high side compared to the INSANELY OVERPRICED R4.

 Hopefully that price is outdated and will be adjusted.

The question is when  ;)

the price will be lower when selling.

I can't wait to buy a few and test them out.

Any idea yet about the when?  ;)

Do you trust them?.. I would not. Because:


May be they just make a HW for themselves?.. Why not?

I'm in this camp.  asiabtc talked me into paying a ridiculous price to purchase their soon to be released blade miner, and after many weeks of waiting a bunch of gridseed miners eventually showed up.  This was after he began selling the blades for nearly half what I was charged.  Never got any sort of compensation or even an apology.  I assumed it was communication issues involving a language barrier and eventually gave up.  I wonder how many other people have been similarly screwed by this company with no recourse...  Anyway, the writing is here on the wall for you.  Trust them if you want to be parted with your coins.

I don't know much about them, I can say before buying I would want a video showing it working and also pool side shown.  Then I would want to read a few reviews to see what others think of it.   I have only purchased once during devlopment... terrahash long long ago and learned lesson and paypal saved my butt on that one.  So if were talking about trust to purchase... no not yet.

And it could be me but https://bitcointalk.org/index.php?topic=1317180.msg16681727#msg16681727 look a lot like some old S5 part's for chassis.  And I could be wrong it's been a while since I have had one.  But that makes me wonder even if work's if still in prototype stage vs production.

But again I have not followed them closely, I would love to see more miners out there.  But I'm a skeptic at this point with new gear I know little of.   And no offense was meant by that to OP.  It just is there is a lot more they could show assuming that unit works.

I agree, before I buy I'd want one in hand before I pay or have a trusted member of this forum with the same opportunity. I'm all for supporting a alternative to what we have, but won't be ripped off.

yeah if I recall 3000 usd to start and drop drop drop drop drop   to about 350 usd  in under six months.


 I would also say  they killed ltc and it never really recovered. but that could be quite an argument as other factors stand in for that.

To op I am still willing to test and review a model plus pay a fair price for it.

But Most people here would say I am trustworthy and you are not trustworthy.

I am like  I will give a guy a second chance.  So when you are ready to send me a demo I will run it test it do a long thread on it.

And then pay you for it. or ship it back on my dime.  your risk is I run away with one unit which since it is shipping to my home in NJ, USA  means I would be running away from my home.  Which I am not looking to do at the age of 59.

If it's Phil approved I'll give it a shot.

Gotta say, ditto to what Phil says.
I jumped into the hardware end of BTC because of an A1 miner I ordered from AMT/Josh Zipkin (@ notlisted - same miner for you?) back in Feb 2014. A whole saga in itself there... Point is, I did forensics on the A1 boards as-designed by the Swiss company Bitmine.ch and replicated by IMET for AMT. I said it before in the A1 and Innosilicon threads: Bitmine.ch/AMT were clueless as to even the most basic power network and thermal design rules. As for IMET's role - as a PCB assembly house they should have known better and after a proper design review given a polite"ahem" followed by their concerns about what should have been very obvious design flaws - not just taken the no-review approach of 'here is BOM, replicate the board'.

Anywho, if you want a technical write up of it -- possibly with warts and weak points and all -- from an Industrial electronics designers viewpoint <raises hand>. Bear in mind that systems I've designed have proven lifetimes of decades...

*if* anything stands out, of course remedies to weak points will be supplied as well ;)

Do not trust Lightning asic, they are not legit and will trick you.

I purchased a cloud mining contract from lightning asic, here are the details;

Contract:3 Months
Details:0.025BTC/H/s,150H/S.
Total:3.75BTC.

I dealt with their sales lade (anna@lightningasic.com) who was polite and nice. The mining was suppose to start on 28th October and receive payments daily. This is how much I have received from them:

Friday 4th November - Payment 1: 0.005 zect
Monday 7th November Payment 2: 0.012 zec
Total received: 0.017 zec

This is nothing close to what 150 h/s should deliver, at current difficulty I should be receiving 0.025-0.027 zec a day. Not to mention all the zec they owe me for the others days that there was no payment. Ten times less than what I have received from other cloud mining companies for just 50 h/s.

If you do not have the hash power to deliver your promise hash rate then you are running a ponzi. Please refund my btc immediately. It is not only me. Many other people have not received ANY payout as well.

yeah time has proven you are a scammer. Where is my zec cloud mining payouts? I purchased 150 h/s but you have delivered nothing...no daily payout and nothing close to the 150 h/s promised.

Sorry to,hear this.

He never contacted me so I think he may not be too good to buy from.

Yep I am receiving some payouts but it is only 1/10 of what it should be (15 h/s vs 150 h/s). also not daily. one of my own mining rigs of 50 h/s is beating these guys

ALL mining contracts are scams...ALL OF THEM.You will NOT get a breakeven on ANY of them................  ::)

yep i knew this already...all the more painful. I only bought once before from bitmain....that made money (about 5-10% more in btc terms than what i invested).

 I did pretty well (as did everyone else) on those contracts BitMain was offering for a while.

 Not HUGE profits, and not up to their claims, but definitely profitable.

That was awhile ago too I bet.

I did Hashnest S7 & barely got out what I put in by selling my shares just in time,I got VERY lucky..........  ::)

working sample is ready.
jump to the start of this thread.
working sample video:
https://youtu.be/mPyTKAufstg][url]https://youtu.be/mPyTKAufstg (http://[url)[/url]

ftfy: https://youtu.be/mPyTKAufstg (https://youtu.be/mPyTKAufstg)

When do they go on sale?
I'd consider buying a few after philipma reviews them.
Really hope this turns out to be legit

@ op  I am going to be reviewing the x6 on this thread


https://bitcointalk.org/index.php?topic=1679638.msg16913367#msg16913367



Send me one of yours

I will do a full review of it.

Send me a pm.

I will give you my address.

I will pay for it or ship it back after review.

People on this site want more gear.  Please let me know via pm.

Since the S9 from bitmaintech has issues
Since the Avalon 721 wants bank transfer only

Your gear could sell well.




I am fair minded and willing to do a fair review.

I have done many:

Rig reviews are below



Here are some of them.

sp20 from spondoolies
https://bitcointalk.org/index.php?topic=872014.0

s9 underclock thread
https://bitcointalk.org/index.php?topic=1590910.0
s9 setup thread
https://bitcointalk.org/index.php?topic=1512186.0

psu review of server psu
https://bitcointalk.org/index.php?topic=1284563.0

avalon6
https://bitcointalk.org/index.php?topic=1336377.0
https://bitcointalk.org/index.php?topic=1260500.0

s7
https://bitcointalk.org/index.php?topic=1188217.0

compac usb stick review
https://bitcointalk.org/index.php?topic=1086011.0

s5

https://bitcointalk.org/index.php?topic=927941.0
https://bitcointalk.org/index.php?topic=907219.0

avalon 4.1

https://bitcointalk.org/index.php?topic=951758.0
https://bitcointalk.org/index.php?topic=950604.0

I do hope those long boards aren't arbitrarily connected or sharing comm lines, it'd really suck to have to RMA something of those dimensions and portion of your hashing power.

asiabtc, are you going to sell this miner at last, since you have posted a photos and a videos?

no they will use them untill april, and they will dump on you after halving

 Next halfing isn't due for a few years - I don't think they're going to mine with them for 3+ YEARS then start selling them.

 I didn't do the S7 ones, the return was WAY too low.

yes. i will sell it at reasonable price.

So this also have glued radiators and while I never had problems on bitmain's miners with them I strongly don't like them

asiabtc,

Any news on price etc?

when can we order this?

Will it be available this year?..  ???

LMAO  :D

Sure,only got 2 weeks left in Dec,they'll be up for sale in a day or two  :D

Scam. Lol

Judging by how desperate everybody is for Bitcoin ASICs seems like it would be the perfect business to be in.

Huge DEMAND, very little or no supply.

You could easily create a monopoly. Too bad its very expensive to actually design and manufacteur the ASICs.

They HAVE the monopoly bro........you senile or what??

THEY have the chips.....

THEY have the miners.....

THEY have the network.....

If THEY sell the chips...THEY lose the monopoly......

Drops mic......  ::)

...... pics the mic


Made in China.
if you did not understand.


............Drops the mic

Which will be the new miners in a few months, sure to be working better than the s7

Yes, these are still very high prices, but the new ones will leave these very behind in performance

Looks like the miner is now for sale. Has anyone here at the forum bought one?

http://www.lightningasic.com/Product/ProductInfo.aspx?PId=23

16nm Speed Master 8THS
https://i.imgur.com/3MkJOKa.jpg

It's been on sale for quite some time actually. I think it was on the site just two or three weeks ago. From what I can tell nobody's bought it yet but I'm also waiting for a review of it :) Looks like vaporware to me but we don't know yet.

I lose track. But I thought someone was sending me a demo of this or the bitfury kit.

Once I got it I was going to review it and demo it. For everyone.

Never heard back from any ASIC builder.

I did get the pandaminer for gpu mining and did a review of the gear.

I liked it. I kept it I paid for it.

And pandaminer sold lots of panda miners.

Right now I don't think anyone will send me their ASIC 256 gear for btc.

But I am here for them if they want me.

So as many of us.  ;)

 Bitmain does not have a monopoly - and to my specific knowlage there are at least 5 companies with working or are working on SHA256 mining chips (I am NOT counting Innosilicon in that, they appear to have dropped the A3 for some reason - likely relating to inadaquate efficiency if it was going to be comparable to the BW.COM LK1401 chip).

 The "apparent" monopoly was all about BitMain getting to market first - and Caanan killed it with their Avalon 721 release (and now there seems to be a wave of BitFury machines FINALLY showing up for public sale to add to the "overdue" competition).

 The others (BW.COM and one I've recently become aware of but am not allowed to talk about) don't appear to be interested in selling their chips or miners to outside customers (or ONLY to large industrial-scale customers perhaps in the case of BW.COM).

Lightningasic: What is the current situation of this project?  :)
Are these for sale soon?

Did I say Bitmain?? No I did not....I inferred that CHIP makers (Bitmain IS included though) have the monopoly on miners..........

Only 2 makers are selling to the public in decent quantities.....Bitmain & Caanan.....maybe 1 or 2 others selling VERY limited amounts of miners....

What is your definition of a monopoly?? Mine is,THEY control the market,which all these makers do,since YOU cannot make your own chip....

I kinda lump all chip makers as a monopoly,cause you CANNOT mine BTC with anything except ASICs & you HAVE to buy from them & only them....

Newegg,Tiger direct,Micrcenter,etc do NOT carry ASICs.Nor do ANY stores,so again,it's a monopoly.....

Any news here?

Nope. Everything's moving along as it has for the last few months, unlikely anything major will pop up unless some people have secretly been working on an miner and decide to debut it soon, which is unlikely. Everybody's holed up and supposedly mining with their own private tech for now.

If only I was rich enough... I could make many wonderful things...

I get that.

 Partial error, NewEgg HAS in the past carried ASIC from at least 2 manufacturers (Bitmain S7s and something else for a while late last year or early this year, and something that was badly outdated around XMas time 2015).

 I suspect that the Bitmain units were sold by Bitmain to NewEgg just to "clear the last ones out of inventory" though, as the S9 had been around for a few months by the time the S7s showed up on NewEgg.

Ok,TigerDirect also sold BFL crap......but not in any kind of volume & WAY back when......

and now no one does so your point is & was moot as of this post  :D

I wonder what happened with the Lightningasic.

I have tried contacting Jack but I have not had any answer yet regarding if these miners are available for sale.