$80.00 Cost
less
$7.50 for the ASIC
less
$1.80 for BKK
Michael Douglas would be proud!
You are forgetting to include Parts PCB manufacture PCB Layout & assembly Production Labor Transportation costs for above. Project Management Labor Advertising costs ( website ) Customer support , Etc... Come on guys - Bicknellski already stated that the price was set to be 'competitive with' the Block Erupter. If the price had been set to be (cost + reasonable profit + 0.02BTC for BKKCoins), it would almost certainly be a good bit lower. I don't begrudge them making some BTC, but I was disappointed that the 1st OSS incarnation was priced to be competitive with the predatory prices we have been getting from ASICMiner. |
|
|
|
Could someone inform me what is the total number of XPM?I see @ http://coinmarketcap.com/that there have been found-mined 938,843 XPM ,but I cant find the total number anywhere. Thanks umm.... primes are infinite  so 938,843 is the number of prime numbers that have been found since the beginning of the XPM project? No, it's the number of coins generated. and the number of XPM'S are infinite? There is no hard limit, like the 21,000,000 BTC limit. There will always be some XPM inflation. |
|
|
|
Could someone inform me what is the total number of XPM?I see @ http://coinmarketcap.com/that there have been found-mined 938,843 XPM ,but I cant find the total number anywhere. Thanks umm.... primes are infinite so 938,843 is the number of prime numbers that have been found since the beginning of the XPM project? No, it's the number of coins generated. |
|
|
|
Is a normal mined block 12 XPM?
The block reward is 999/(diff^2), so it depends on the difficulty at the time you mined the block. |
|
|
|
Based on all those pictures that have been posted of tons of Avalon chips at the warehouse, I would think (hope?) that they are going to be filling a lot of backorders in very short order. I don't think it would necessarily follow that orders place 1 month apart would be filled 1 month apart. |
|
|
|
I thought that Open source was going to save us a bunch of money vs the Erupters.
Here's a quote from the Big Picture website: ------- A percentage of revenue generated goes to BKKCoins who has spent month to bring the Klondike project to life. If you would like to support the open source hardware and software community this would be a great way to do so.We are so supportive of this project that even our own cooperative members have donated heat sinks, a IR temperature gun and bitcoin for the scope used by BKKCoins for testing as we believe strongly in supporting these sort of community based projects. ------- Another way to support the open source community would be to contribute to the creators, or contribute to the project yourself directly, instead of buying from those who would make exorbitant profit off the efforts of others. Send BKKCoins some BTC to support OSS, and then buy boards from whomever gives you the best price per GH/s. It's cheaper and just as honorable. |
|
|
|
I thought that Open source was going to save us a bunch of money vs the Erupters. I guess...........  +1 |
|
|
|
At the moment, for a coin to have wide success like that of Bitcoin, it has to be as "Simple" as Bitcoin to a degree. The more people don't understand something, the less they trust it.
And being a miner myself, I can imagine that other miners out there don't really want finding block to be or seem random at this point in time. They more likely want to have a Primecoin mining calculator and then can way up if it is going to be worth their time to even mine it.
Also the general public only tend to trust things that they an rely on to a certain point.
There are still many people out there that don't fully understand Bitcoin yet and so will not use it. So how can we expect Primecoin to be trusted and used by these people, if a large portion of the actual Crypto community don't even understand it.
Its only my opinion but at the moment I think Primecoin might be great leap forward but right now it is just to far ahead of its time.
1) Finding blocks in any crypto-currency is, was, and always will be completely random. You clearly need a mining pool, so you don't have to understand that. 2) I would guess that 99% of people who use bitcoins do not understand how bitcoin works beyond the most rudimentary level. |
|
|
|
I'm a bit confused about how 8 pin PCIE to 6 pin PCIE splitters work. 8 pin PCI-E devices can provide up to 150W, but a 6 pin PCI-E device can only provide 75W. I also understand that if you use 6 of the 8 pins on a 8 pin PCI-E device, it only supplies 75W in order to be backward compatible (i.e. you need to use all 8 pins to get 150W).
If you use a splitter to go from a 8 pin to 2x 6 pin PCI-E device, does each 6 pin device get 75W or 37.5W? I suppose that it may depend on how the PCI-E splitter is wired and whether or not it uses all 8 PCI-E pins.
I am no EE, but I would guess that the power lead will only provide as much power as the device will draw. IE 6 pin provides up to 75w, so if you plug in only 1x k16 it only provides the 32w that the device is asking for. So, if you had a 8 pin to 6 pin adapter, each 6 pin could still provide up to 75w because your 8 pin provides 150w. The idea for these is that you could then take the 6 pins you get from that adapter and add splitters to them in order to power up to 4 k16s (128w) off that one 8 pin. Someone correct me if I'm being stupid, but that's what makes sense to me  EDIT- I suppose you're right in that it would matter how the 8pin to 6 pins are wired, but it only makes sense to give it all 150, who wants a 37.5w 6pin??  There are all sorts of adapters available that don't make much sense. For example, it's easy to find 6 pin to 2x6 or 2x8 pin PCIE splitters, which can't possibly provide enough wattage to each PCIE connector. Basically, will a 8 pin to 2x6 pin splitter provide 37.5W or 75W to each 6 pin PCIE connector? Note that in the picture of the adapter, you can clearly see that only 6 of the 8 pins in the 8 pin PCIE connector are used to split to 2x 6 PIN connectors. 2 of the 8 pins in the 8 pin PCIE connector are not used for anything. http://www.ebay.com/itm/PCI-Express-6-or-8-Pin-to-TWO-6-Pin-Y-Splitter-Video-Card-Power-Adapter-Cable-/271199891252?pt=US_Video_Cables_Adapters&hash=item3f24c5ef34If your PC has an 8-pin PCI-E power cable, the power supply can be assumed to be able to provide 150W of power to that cable. If you split it with a 6-pin to 2x6-pin splitter, you may get less than 75W supplied at each split because of the two unused grounds, but you should still certainly get a good deal more than just 37.5W per split. The amount of power that is actually available is defined by the power supply, specifically the 12V rail you are using. |
|
|
|
I need a block for crying out loud
Don't know what's worse
No more beer in the fridge or not finding a block in 20+ hours
Both are incredibly disheartening... Would be nice if I could come home from work and find a six pack of beer show up in my fridge simply by having left my computer on running computations all day. +1 |
|
|
|
I agreed with your point.
I value your point.
I just think there is a lot more value in supporting these units over "proven" ones especially given the effort put into giving away everything as open source.
If you had priced these at (cost + reasonable profit + royalty to BKK) I would agree with you, but you guys have chosen to go for the gold. This is where we disagree particularly when you have little or no frame of reference of the costs both in components shipped to the fabricator, the time and resources allocated by the members of the cooperative to get to this point. Again we priced according to the market and offer much lower costs than block erupters. Buy 50 with others in a group buy problem solved. Heck get hundreds and you might even see a bigger savings. Yes so let us leave it there given you wouldn't want to speculate and you have already wished us luck. Let me leave off with again. Feel free to source your K1 components, Avalon chips and order some K1 boards and DIY that is the best solution for the DIYer. You're right. I have no idea how much money and effort you may have wasted in your endeavors, nor do I feel any obligation to help you recoup them. I COULD speculate somewhat on what the costs might be to a well-run organization that might compete with you, but I won't have to, as the market is already working on that, and competing prices will be the proof sooner than you probably anticipate. |
|
|
|
I agreed with your point.
I value your point.
I just think there is a lot more value in supporting these units over "proven" ones especially given the effort put into giving away everything as open source.
If you had priced these at (cost + reasonable profit + royalty to BKK) I would agree with you, but you guys have chosen to go for the gold. |
|
|
|
http://bigpicturemining.com/ <--- still not ready for orders as we are trying to get accurate numbers on the shipping from Batam via DHL. In the meanwhile you can have a look around the site for now. perhaps this is another dumb question, but is pricing of 0,99 BTC final? Price: BTC0.99 1-9 10 or more BTC0.89 50 or more BTC0.79 Also no it is not the highest price we could have chosen. We are trying to price these to compete with asicminer The Asicminer design is a proven design. This board is not. As a confirmed Capitalist, I believe that you should charge whatever the market will bear; however, if I have a choice between a proven device like a Block Erupter, and an experimental device like this at the exact same price, I will go with the more market-proven device every time. Good luck with your sales. Once bkkcoins complete testing in 3-4 days the k1 will also be a proven design and if you buy the k1 in a group buy you can pay 0.79 per k1 instead of 0.99-1.10 for a asicminer device that gets hotter has a horrible heatsink and has a higher hw error%. There is a world of difference between passing initial prototype testing, and being widely market-tested. I sincerely hope the K1 turns out to be a better device than the BE, but I have no reason to believe it is at the moment, and neither do you. Sounds like a bet... go post it. We have the confidence that the K1 Nano will be a functional unit and it will easily equal the Block Erupter. Will we be right? Given the testing that has been done and is being done we feel pretty confident with these units. So again yes .99 BTC seems to be a fair price for a few units. And we have opted to given larger breaks for those wishing to purchase larger volume. No technology being sold can be considered at the same level or quality as say an Apple or a Sony so basically you have to put your faith, hopefully educated faith, on these people developing the units. I would say Asicminer, Avalon are proven. Avalon chips are proven. Will the K1 Nano we fabricate reach that level? Maybe given the work you are seeing out of BKKCoins. I think anyone in the community with technical skills is quite comfortable backing BKKCoins and his units. Not seen any negatives directed at his approach and I take that as a sign that his design will work first time out of the gate. But your definitely correct it is "unproven". The only point I am trying to make is that this board is overpriced in the current market context. Anyone interested at all in ROI will have already noticed that they can get 16x hashrate of a K1 for ~2x your price in a K16 from Terrahash and many others. The only reason ASICMiner has been able to sell the BEs at this price point was because it was the only game in town for most people - but that all ends now. Additionally, this board can (and therefore will) be produced and sold profitably at a considerably lower price point. Maybe you can make a few BTC by being first to market. In any case, that's all I have to say on this. Good luck. |
|
|
|
So potentially Burnin's boards will be hashing around 35% higher per chip? That is a massive difference and with the difficulty rise even a small difference counts.
Btw, great effort so far!
I think he only mentioned K1's couldn't hash that high. I imagine he will get similar hashrate out of the K16's as burnins. sorry for newb question since i've only now started paying attention but how many GH per K16? ~4.5GH, theoretically. |
|
|
|
http://bigpicturemining.com/ <--- still not ready for orders as we are trying to get accurate numbers on the shipping from Batam via DHL. In the meanwhile you can have a look around the site for now. perhaps this is another dumb question, but is pricing of 0,99 BTC final? Price: BTC0.99 1-9 10 or more BTC0.89 50 or more BTC0.79 Also no it is not the highest price we could have chosen. We are trying to price these to compete with asicminer The Asicminer design is a proven design. This board is not. As a confirmed Capitalist, I believe that you should charge whatever the market will bear; however, if I have a choice between a proven device like a Block Erupter, and an experimental device like this at the exact same price, I will go with the more market-proven device every time. Good luck with your sales. Once bkkcoins complete testing in 3-4 days the k1 will also be a proven design and if you buy the k1 in a group buy you can pay 0.79 per k1 instead of 0.99-1.10 for a asicminer device that gets hotter has a horrible heatsink and has a higher hw error%. There is a world of difference between passing initial prototype testing, and being widely market-tested. I sincerely hope the K1 turns out to be a better device than the BE, but I have no reason to believe it is at the moment, and neither do you. |
|
|
|
http://bigpicturemining.com/ <--- still not ready for orders as we are trying to get accurate numbers on the shipping from Batam via DHL. In the meanwhile you can have a look around the site for now. perhaps this is another dumb question, but is pricing of 0,99 BTC final? Price: BTC0.99 1-9 10 or more BTC0.89 50 or more BTC0.79 Also no it is not the highest price we could have chosen. We are trying to price these to compete with asicminer The Asicminer design is a proven design. This board is not. As a confirmed Capitalist, I believe that you should charge whatever the market will bear; however, if I have a choice between a proven device like a Block Erupter, and an experimental device like this at the exact same price, I will go with the more market-proven device every time. Good luck with your sales. |
|
|
|
New version is out!
-hp4 mainly adds L1 and L2 cache optimizations. It removes the performance bottleneck with bigger sieve sizes. Thus it's possible to increase sieve size even further.
I also added a new alternative performance measurement. The client now calculates the number of probable prime chains of length 5 and prints them to debug.log. The printing frequency is also increased.
This version crashes at startup, or very shortly thereafter on my i7-3820. I have used the other builds without incident as you have released them. Nm, I was testing with a very large sievesize (10485760). If I set it to a more sane value it works fine. |
|
|
|
New version is out!
-hp4 mainly adds L1 and L2 cache optimizations. It removes the performance bottleneck with bigger sieve sizes. Thus it's possible to increase sieve size even further.
I also added a new alternative performance measurement. The client now calculates the number of probable prime chains of length 5 and prints them to debug.log. The printing frequency is also increased.
This version crashes at startup, or very shortly thereafter on my i7-3820. I have used the other builds without incident as you have released them. |
|
|
|
|
Show Posts
