@hardhouseinc

Please add this location to the hosting directory thread.
Sp30s are going to produce a much less whiny sound.

Welcome, you are the very first noble person on my ignore list.

Please spare this thread with offtopic discussions.

Go build your magic heatsink miners and stop spamming this thread.

Yeah it should be the same as with the S1, as similar control software is used.

It clearly says in this post not to send to scammers...

If you had payed attention, you would have seen the name is "waldhoover" instead of the correct one.

That is for pick and place, aswell as reflow soldering. (Which in moderate volume can obviously be done in one day.)

Larger PCB orders take weeks to do cheaply (the earlier you order your PCBs and the higher the amount, the cheaper per PCB).


If your PCB prototype works well, you finish it and go into mass PCB production.
This happens in parallel to the manufacturing of the containers, so that everything is ready once the containers are ready.

The actual miner production isn´t what takes the most time. Ordering of mass quantities of parts has to be done beforehand in order to avoid shortages.

Does anyone have a copy of the "old" terms of sale (the ones that provided the additional penalty of 10% ? ).

I might need it to check with my lawyer how costly the Betreibung in Switzerland is.

This router is 18$ and works just fine http://www.amazon.com/TP-LINK-TL-WR702N-Wireless-Repeater-150Mpbs/dp/B007PTCFFW/ref=sr_1_6?ie=UTF8&qid=1404200344&sr=8-6&keywords=tp+link

This one is 18$ and will also work http://www.amazon.com/dp/B002WBX7TQ
You also get 4 Ethernet ports, so you can attach four S3 without a switch.

We don´t even want to know what ASICporn you watched together.

In a first stage they want to build 10MW of capacity until 2015 and are planning to build one up to 50MW facility.

You probably might not know this but assuming exponential difficulty growth is obviously a fallacy (aslong as there isn´t exponential price increase in Btc).

There is a very real limit to difficulty, and it is Btc price, power efficiency, power price, available hosting facilities, hardware price and some other factors.


Regardless, compared to my example, Difficulty could increase atleast 171 fold before being the same amount that can easily be saved by some energy efficient appliances in the household in the US alone.
It really is a TINY usage compared to wasteful electricity usage in the US, let alone globally.

I am not quite sure what you are implying.

You get some some chips and build your first blade designs.

If it works out fine you go for the bulk order at bulk prices, nobody buys a Ton of chips just to have them lying around and loosing value. (Well anyone but hashlast )

Mining uses a miniscule amount of energy compared to all the wasteful use of electricity in the United States alone.

How come the electricity consumption per capita is more than 2.5* that of Germany?

If everyone of the 318m US citizens would reduce power consumption by only 10% (easily achieved by switching lightbulbs...), it would save 25 700 MW of generation capacity alone.

You can do all the bitcoin mining of your hearts´content with that, and then some.

The whole "mining is a huge waste of electricity" motion is just completely wrong.

Mining currently uses between 105MW and 150MW.
However, the act of mining is the act of keeping the Bitcoin payment system alive and secure.

Do you know how much electricity all the banks in the world use for their "services" to the people?
Hint: It is most likely much more.

Regardless of the above, many miners use renewable energy sources for mining, as in most areas it is simply cheaper.

The example of WA state with 2-4ct/kWh for commercial use is just one example, but it clearly shows that unsubsidized renewable energy can be far cheaper than any coal / gas plant.

Many miners also get hosting in Iceland, having the benefit of 100% renewable energy there plus extremely good conditions for free cooling (my miner has an intake temperature of 18°C in the summer).

In time for deployment means early enough that finished miners will be ready when the tanks are ready.

If you want to test something with the chips, you obviously don´t buy a bulk amount of chips and have them laying around, you buy some chip samples.

Or configure a WLan router as an access point, there you have your wireless connection again.

I think the S3 is just meant as an intermediary solution until release of their actual S4 product, much like the sp10 was only meant as an intermediary until the sp30.

I could be wrong on this, as to my understanding they sold TONS of S1s last year / this year, and I do not know how many rackmountable miners were sold.

I don´t know why you are comparing the S3 to the sp30, but my view was:


As such the S3 is basically more power efficient, cheaper per GH but needs more space.

Space however isn´t nearly the limit as most high density facilities can´t handle a full sp10 rack anyway (~40kW).

Using 140mm fans makes them more home-user friendly aswell.


I am also more than certain that bitmain will come up with an S4 product with ~0.5W/GH.
If this happens in due time, they will probably offer a cheaper price as their production costs are much lower than spondoolies` and they are selling at much higher volume (for now).

Let´s see whether spondoolies will be able to increase their volume (I see no reason why they shouldn´t, as their 28nm chip will likely be very good).

That question was already answered. (And might also be in the prospectus).

DTM will purchase chips/harware in time for deployment.

Todays´ chip prices were used as a reference point only.

If more hardware can be deployed for the same price, you will get awarded additional units.

While comparing miners here:

Bitmains S3 is basically the competitor to the sp10.

However, I have no doubt that bitmain will come up with a fully rackmountable 4U 1-2kW solution with 0.5W/GH at the wall.
This will in turn be the main competitor to the sp30, and should not require a preorder.

Exciting times, let´s see how it goes.

I realize that.

@nlc
What exactly are you criticizing about my proposed electricity price?

Obviously you are not looking to get the "average industrial rate" but the cheapest.


Are you doubting that there is no place on earth with stable electricity at ~2.5ct /kWh ?