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1541  Bitcoin / Group buys / Re: [OPEN] - GROUP BUY of BITFURY Chips + DRILLBIT SYSTEM mining assembly on: September 02, 2013, 02:52:32 PM
Awww c'mon man, stop the teasing!!!! Grin

Hehe. Ok.

Boards are in! Check out these bad boys!  Grin Grin Grin Grin Grin






This pic needs a bump and congrats on all the hard work being realized.

Even after todays boards no longer have the speed to keep up with the newest stuff years from now, that cool read board / miner will need to be behind a glass display case as you enter the house  Grin
1542  Bitcoin / Group buys / Re: [OPEN] - GROUP BUY of BITFURY Chips + DRILLBIT SYSTEM mining assembly on: September 02, 2013, 02:37:56 PM
I am currently waiting on BarnTech to pay me for the website overhaul.
Hoping he pays me soon so I can snap up one of those remaining drillbit thumbs. Gonna take the BTC and invest it in just dice for a week and hopefully their is a board left for my ordering. ^_^

You can send payment for the website here BarnTech: 12x1G3g7vHgSZLGYwGxwoCA6b7vA138ZJ4

Greatly appreciated man. I'll confirm once I receive the payment!

Kyle.T

HOLY CRAP! Thank you for the payment for the site design Barntech!
That is the largest single transaction I have ever gotten before! Thank you so much!

You need ANYTHING done to the site. Lemme know. I am forever indebted to you!

Thanks again for letting me be part of this project!

Kyle.T

I don't see any transactions in your wallet.. maybe im blind?  12x1G3g7vHgSZLGYwGxwoCA6b7vA138ZJ4 Or you ment 1KLYExysvx4yMN5jG3thep37C2c6DLAj4Z   Cheesy

I don't see any transactions either. MRKLYE - Care to elaborate?  Grin
1543  Bitcoin / Hardware / Re: [Work in progess] Burnins Avalon Chip to mining board service on: September 02, 2013, 02:32:13 PM
I ordered some chips through SebastianJu's batch 6 order. (Chips are supposed to be shipped from Yifu this Wed I believe.)
Does "I won't be selling to end-users anymore." mean those of us who have ordered chips but not placed them through Burnin Mining yet, are stuck with them?

Or?

Thx,
IAS
1544  Bitcoin / Group buys / Re: [Group Buy] Avalon ASIC Chips (SebastianJu) Batch 6 ordered (Closed) on: September 02, 2013, 11:48:08 AM
For those of us who decided to keep the chips (e.g. me), is Burnin Mining still accepting orders for assembled boards?

Look at this post from today, says "announcement: I won't be selling to end-users anymore."

Here is the thread: https://bitcointalk.org/index.php?topic=179769.msg3060806#msg3060806

Now what?

IAS

1545  Bitcoin / Group buys / Re: [OPEN] - GROUP BUY of BITFURY Chips + DRILLBIT SYSTEM mining assembly on: September 02, 2013, 11:14:48 AM
Barntech and others - We have some good mentions here of power supplies. They seem to really vary in price from 60 bucks to almost 200 bucks.

Some of them are modular (no cables connected, just the plug end - more money) and others are non modular (come with cables wired to box, LOTS of cables - cheaper). I prefer the former but need to know what cables to buy. I believe the Drillbit system can run off of a USB plug or Huh

And, if we are going to overclock the Drillbit system, do any of these power supplies work or do we need something special (e.g. more adjustments with Voltage, Amps, etc.)

I will have the Drillbit 4 card system into 1 backplane (100 watts or so) AND a Burnin Mining system with 2X20 282Mhz chip unit. (Think that is around 200 watts or so). I'll probably get a 450 watt unit (90% efficiency) or higher.

Thanks,
IAS
1546  Bitcoin / Group buys / Re: [Group Buy] Avalon ASIC Chips (SebastianJu) Batch 6 ordered (Closed) on: September 01, 2013, 06:02:04 PM
Sebastian - Thanks again for all the work. I was (and still am a bit) confused with this. I am in Batch 6 and asked for a refund. But, it looks like those chips will ship and can't be cancelled. Even if they can be cancelled I'd prefer the chips as batch 6 might be close to being shipped?

If that is true, can you just cancel my refund request and pass the chips on to Burnin when they come?

If I misunderstood anything please let me know.

Thanks,
IAS

It doesnt matter what batch i refund and in what batch your order is.

That's what The Sebastian said.

@SebastianJu can you please make a refund request list like zefir did, so people wouldn't be so confused?

Also that would be good to see before you start refunding so people could check if their refund message got through to you




Thanks and in the first line of his post on the page before he said:
The sixth batch cant be refunded.

So things weren't clear to me and probably others (as you allude to).

I'd still prefer the chips though as when I cancelled I had no idea the chips would even come. Sounded like I was at the back of the line.

Thx,
IAS
1547  Bitcoin / Group buys / Re: [Group Buy] Avalon ASIC Chips (SebastianJu) Batch 6 ordered (Closed) on: September 01, 2013, 05:25:46 PM
Sebastian - Thanks again for all the work. I was (and still am a bit) confused with this. I am in Batch 6 and asked for a refund. But, it looks like those chips will ship and can't be cancelled. Even if they can be cancelled I'd prefer the chips as batch 6 might be close to being shipped?

If that is true, can you just cancel my refund request and pass the chips on to Burnin when they come?

If I misunderstood anything please let me know.

Thanks,
IAS
1548  Economy / Speculation / Re: September and October will be eventful. on: September 01, 2013, 02:43:42 PM
Too long ago it would not have been ready nor the right time, but now...

The Times 03/Jan/2009 Chancellor on brink of second bailout for banks


Not sure what your intention is, but isn't that what Satoshi wrote into the first mined block?

Just to be clear, I was talking about before BTC was out, years before actually.
And by "now" - I'm talking the current time frame we are in, including BTC's inception.
1549  Economy / Speculation / Re: September and October will be eventful. on: September 01, 2013, 01:26:35 PM

I think it is still hard for people to grasp that even getting in now constitutes an early adopter. (I speak to many people due to my job and most say "I won't pay $100 for 1 BTC." but they fail to realize they are thinking about things wrongly. e.g. not considering float, divisibility, state of finance everywhere, etc.)


As a new guy, I wholeheartedly agree. I don't think they realize the implications of it all. There is so much potential. And now the momentum is there too.

I'm glad I realized this in time. Lucky, even.

But it goes beyond any financial gains. It's something I am proud to be a part of.

Yes to the bolded. I've said it elsewhere as have others - It's nice to be a part of the largest social experiment (by us) in our history, and not "apart" from it. 
And this isn't about "The Money" per say, though money has represented power through coercion through our history and BTC is a step away from that.
BTC is not the answer, but it is an answer to get us away from corrupt banks, governments, corporations, etc. controlling us via the money supply.
Still a long way to go, but the first few steps have been taken.

I remember back in the early days of the internet (I was in IT then) - I saw the disruptive force it could and probably would be. Most people, as obvious as what it was that I saw, either were incapable of seeing it or just don't care about visionary things. Well, BTC is another disruptive technology and it came at a very opportune time. Too long ago it would not have been ready nor the right time, but now...

 Grin
1550  Bitcoin / Group buys / Re: [OPEN] - GROUP BUY of BITFURY Chips + DRILLBIT SYSTEM mining assembly on: September 01, 2013, 10:10:10 AM
Anyone - Would be great to have a recommendation for a power supply to power the Drill Bit systems, both for one unit and 4 unit with backplane.
I'm a bit new here and would appreciate the help. Also, for those of us running things at home, a quieter PS would be preferable!

Thx,
IAS

I'll just use the Corsair AX860i from my GPU mining rig. Good efficiency at the sub-100W load of 4x Drillbit boards, as seen here:

http://www.techpowerup.com/reviews/Corsair/AX860i/6.html (scroll down to "Efficiency at Low Loads")

The next best contenders I've found so far, for anyone looking to buy new:

http://www.techpowerup.com/reviews/Corsair/AX760/6.html
http://www.techpowerup.com/reviews/Seasonic/SS-460FL_V2/6.html

AFAIK, even pico-PSU's struggle to be ~85% efficient here. And even if you found the perfect sub-200W power supply with over 90% efficiency, you'd only save a couple of watts from the wall. Better to get the ATX units above and be able to re-use them in a future PC. At worst, you'd get a very good price selling them even a year from now, as they're all 80PLUS Platinum and high-quality Seasonic made units. Smiley

Thanks a lot for the reply. I'll check those out.

A miner who sells units here in Germany, recommended the following two (but for other rigs, they are 400w). Any comments on them as they are said to be very efficient. edit Or would they be less efficient than a 200 watt PS? I know you should only run them at half or so for max efficiency?
http://www.fspgroupusa.com/aurum-gold-400-au400/p/831.html
http://www.super-flower.de/index.php?id=109

Thanks again,
IAS

1551  Economy / Speculation / Re: September and October will be eventful. on: September 01, 2013, 10:04:35 AM
I have been in NYC the past two weeks working on several very significant Bitcoin related projects.

Any chance you can elaborate? Also - Will you be posting to your blog anytime soon?

Wish I could.

Just wait for the news, serious journalists like the WSJ have already been getting briefed but cannot write about it yet, which should come out around the last week of September. Additionally, this fall there will be probably 6+ 'big names', like Richard Bove or Chamath Palihapitiya [starting at 19:15], in the investment community that will come out in favor of Bitcoin and that will cause a lemming like effect.

And the private wealth managers out of Asia are stacking Bitcoins away as the new favorite asset class. Many of the HNWI family offices will not make an investment in the sub-$25-50m range. So, when Bitcoin melts up then it is going to be free range for a lot of these ultra-rich Asia families to move in.

If about $1m of new capital moves the price $9 then just imagine what $500m-$1B of new capital flowing into this asset class would do to the price. Especially if that $500m requires 'clean bitcoins' from a known source of funds. The making of a 'melt-up' in price to a much more fundamentally sound valuation since Bitcoins are largely undervalued given their characterstics (no counter-party risk, cannot be seized and equity based like gold).

This is going to be a wild ride this fall. So strap yourselves in and let's kick the tires and light the fires!

Thanks for sharing that. Will be keeping an eye on the news. It just seems like a matter of time till big money starts to get behind BTC (and then smaller money will follow and lets not forget smart money  Wink ).

I wonder about countries like India, whose government discourages it's people from getting into gold (because the government is trying to!). And so BTC might be an alternative...
And as already stated, there is a bit of a currency war going on, so countries like China, Russia, etc. can use BTC as a bit of a proxy war against the USD. Russia does not forget easily what the US did to it's currency to help the Soviet Union collapse...

I think it is still hard for people to grasp that even getting in now constitutes an early adopter. (I speak to many people due to my job and most say "I won't pay $100 for 1 BTC." but they fail to realize they are thinking about things wrongly. e.g. not considering float, divisibility, state of finance everywhere, etc.)

IAS
1552  Bitcoin / Group buys / Re: [Group Buy] Avalon ASIC Chips (SebastianJu) Batch 6 ordered (Closed) on: September 01, 2013, 09:30:50 AM
Oh and... 3 Refunds are safed. I received the bitcoins. So now 2 batches and the 6000 chips from batch 6 are on order.

I wasn't aware that we couldn't cancel group 6 chips. I put in my cancel but the chips are still coming? I don't believe you mentioned that 6 could not be cancelled when you first mentioned the
refunds, did you? (Perhaps later but I haven't followed the whole thread.)

I'm a bit confused here. (And I know you are overloaded with work regarding this refund and I think you should be compensated,) but perhaps there are others in the group 6 buy who thought they
would receive chips last and so also cancelled?

Thanks,
IAS

Avalon is posting refunds to orders purchased before certain dates. I will not provide you with these dates because they keep changing and the information is out there for you to find.  Sebastian is doing his best to return the refunds offered to him. 

Some people still would rather receive chips in your group buy IAS as it is about sharing.

Thanks for the reply, but can you keep you smart ass comments about my handle to yourself? I mentioned in my thread that Sebastian should be compensated and I'm not trying to create more work, just trying to clear things up for group 6 people - no need to restate what I've already said.)

For those of you who don't understand my comment to voxelot - He started being a trouble maker here (and prior) https://bitcointalk.org/index.php?topic=266235.msg3020135#msg3020135 and then I called him out on it. He then apologized but then started pissing off roughly half the thread with his comments - just read that link. Then he started being nice again. How about just trying to be nice and stop with the underhanded comments? Stop mixing a helpful comment with a wise ass one...

(Thanks for your comment Zich)
1553  Bitcoin / Group buys / Re: [OPEN] - GROUP BUY of BITFURY Chips + DRILLBIT SYSTEM mining assembly on: September 01, 2013, 09:07:20 AM
Hey guys! Just like to announce that I have finished *i hope* the redesign of the site!

http://www.drillbitsystem.com/

Check it out!

Looks really nice. Again, love the Bitcoin dude you created (but where are the coins he is mining?  Grin )

Anyone - Would be great to have a recommendation for a power supply to power the Drill Bit systems, both for one unit and 4 unit with backplane.
I'm a bit new here and would appreciate the help. Also, for those of us running things at home, a quieter PS would be preferable!

Thx,
IAS
1554  Bitcoin / Group buys / Re: [Group Buy] Avalon ASIC Chips (SebastianJu) Batch 6 ordered (Closed) on: September 01, 2013, 07:39:35 AM
Oh and... 3 Refunds are safed. I received the bitcoins. So now 2 batches and the 6000 chips from batch 6 are on order.

I wasn't aware that we couldn't cancel group 6 chips. I put in my cancel but the chips are still coming? I don't believe you mentioned that 6 could not be cancelled when you first mentioned the
refunds, did you? (Perhaps later but I haven't followed the whole thread.)

I'm a bit confused here. (And I know you are overloaded with work regarding this refund and I think you should be compensated,) but perhaps there are others in the group 6 buy who thought they
would receive chips last and so also cancelled?

Thanks,
IAS
1555  Bitcoin / Group buys / Re: [OPEN] - GROUP BUY of BITFURY Chips + DRILLBIT SYSTEM mining assembly on: August 29, 2013, 07:31:28 PM
Ok, so I`ve been looking at the boards and other threads re cooling the individual boards for bitfury chips. Would something like the Raspberry Pi things you get on ebay (plus fans of course) suffice or are we talking a full on noctua cpu cooler in order to get 2.7 gh\s per chip?

I think 2.7 was the absolute highest and it wasn't quite stable there (if I remember correctly). Perhaps 2.5 with fans is more realistic. You also have to adjust for changing conditions (e.g. a hot day.)
Running something that is water cooled doesn't have anything to do with the OS that is controlling the rig, I don't believe. That is just the cooling system. I'm not sure if water cooling is also dynamic like a fan.

A raspberry Pi is an Awesome way to control these. But you have to learn how to run linux and that isn't for a newby (if you are one). If you don't know a little linux, I would just get a netbook running windows that is cheap and efficient. Someone correct me if I'm wrong.

IAS


IAS,

Sorry I meant these.

http://www.ebay.co.uk/itm/3-x-SelfAdhesive-Premium-Heatsink-Cooler-1YearWarranty-Ideal-for-Raspberry-PI-/251299995579?pt=UK_Computing_Servers&hash=item3a82a59fbb

I would ALWAYS put on heat sinks. It just dissipates heat so much quicker and the cost is negligible. Not sure how Barntech got the units to 2.7Ghash/s.
I've researched heat sinks a lot and aluminum seem better and cheaper than copper as copper holds heat more. If you fan dies and you have copper heat sinks, in theory, they might not get rid of the
heat as quickly as aluminum. (Though if the temp gets too hot I believe you can shut things down automatically.) All that I read seemed to point to this.

Barntech talked about adding heatsinks as an option and I hope he does. They really make a big difference, are very inexpensive and a deadly combo with fans.

IAS
1556  Bitcoin / Group buys / Re: [OPEN] - GROUP BUY of BITFURY Chips + DRILLBIT SYSTEM mining assembly on: August 29, 2013, 07:21:49 PM
Ok, so I`ve been looking at the boards and other threads re cooling the individual boards for bitfury chips. Would something like the Raspberry Pi things you get on ebay (plus fans of course) suffice or are we talking a full on noctua cpu cooler in order to get 2.7 gh\s per chip?

I think 2.7 was the absolute highest and it wasn't quite stable there (if I remember correctly). Perhaps 2.5 with fans is more realistic. You also have to adjust for changing conditions (e.g. a hot day.)
Running something that is water cooled doesn't have anything to do with the OS that is controlling the rig, I don't believe. That is just the cooling system. I'm not sure if water cooling is also dynamic like a fan.

A raspberry Pi is an Awesome way to control these. But you have to learn how to run linux and that isn't for a newby (if you are one). If you don't know a little linux, I would just get a netbook running windows that is cheap and efficient. Someone correct me if I'm wrong.

IAS
1557  Bitcoin / Group buys / Re: [AUCTION] - GROUP BUY of BITFURY Chips + DRILLBIT SYSTEM mining assembly on: August 29, 2013, 07:16:17 PM
Brilliant reply, the same thing (though not as in as much depth) crossed my mind as well. Thanks for taking the time to spread the good vibe!

Its about sharing  Wink

Well it's been a crazy few months in ASICland, with some high and some pretty low points (and we've got some interesting times ahead for sure Wink). I'm not sure about everybody else, but I've been particularly inspired by the skill, hard work, community spirit, openness and so on of many of the community and the DIY miner projects from people like Barntech, Burnin, BKKcoins, cscape, intron, Bitcoinza and many others (too many to list really - sorry if I haven't listed you specifically) are a really good example of this I think. I for one have a great deal of respect for them all. I've been a little disappointed recently that the (completely understandable) frustration of those who have been on the receiving end of some crap treatment by one company or another unfortunately let it boil over to those who are actually trying to conduct their businesses/projects etc. honestly. Anyway, as your signature suggests, "it's all about sharing" and isn't it better if we're having fun in all of this? Let's go hug some trees Grin.

(By the way, I do appreciate that this is a serious business for those with large stakes, relative to their incomes, in mining. My comments above may seem rather flippant to you guys, so sorry. I do hope things work out for you.)

I hear you. I am a group 6 SebastianJu buy participant (only spent 4.2 BTC's in an auction, Might get 3BTC's or so back) and a June 2nd Jalapeno Victim ;-)   (And I'm a PT teacher, not some rich boy - not that I have anything against anyone.)
We all know there is risk involved and as stated before, where there is money to be made,... problems will surface.

I want to help the network and be a part of the biggest social experiment of all time (at least one not involving governments!). eheheh
I would love to tell my daughter one day when she is older and can understand, how I was an early pioneer in something that helped to adjust a corrupt monetary system. (Not the answer mind you, but an answer. A pointer in a better direction.)

And props to all the people you mentioned and on. Really, what will it be like looking back at this moment in 1yr, 2yrs, etc. from now?

The smallest risk and largest return would just be buying BTC's. But this isn't an "investment" to me. It is about being part of something.
We are all taking a chance. Barntech said it nicely at the start regarding not really making much (if any money) and doing it for the hobby/love/passion/etc. My feelings exactly.
If I get back more than I put in, perhaps it absorbs the losses from the before mentioned (at least I also hadn't yet paid for Burnin's assembly). But it's not about the money, at least in large part.
It's about... you know  Grin
1558  Bitcoin / Group buys / Re: [Group Buy] Avalon ASIC Chips (SebastianJu) Batch 6 ordered (Closed) on: August 29, 2013, 04:53:53 PM
Why doesn't Yifu offer "coupons" for future purchase? No pre-order, but when chips are going to be offered, people holding coupons have first shot.
There just seems that people who have already "risked" something should be rewarded for the business they gave to Avalon.

IAS
1559  Bitcoin / Group buys / Re: [AUCTION] - GROUP BUY of BITFURY Chips + DRILLBIT SYSTEM mining assembly on: August 29, 2013, 02:49:09 PM
Couldn't you just order one of these instead of going through an American bitfury distro?

http://www.bitfurystrikesback.com/product/bitfury-55nm-asic-h-board-oct-delivery/

or paying $200 more for the same chips in the barntech auction i suppose.

And for comparison.  H board from USA https://megabigpower.com/shop/index.php?route=product/product&product_id=61

~$600 vs $1300?  That is saving quite a bit to order from the UK correct?...

The advantage here goes to barntech if he sells again at his original prices.  If you do not know what you are doing it could be challenging to stack H boards and barntech has done a great job making 8 chip boards stack-able for you.

Weigh the pro's and con's and your skill levels in mining. Consider Bitfury may never ship.

I know I shouldn't feed the trolls, but I just can't resist in this case. Voxelot, you seem to have very good intentions and want people to get the best deal, which is great, but I don't understand your calculations. You seem to be a bit mixed up about the hardware on offer too. The H-boards from megabigpower and bitfurystrikesback are not standalone devices, so are not directly comparable with the Drillbit boards. They need to be plugged into the M-board (or if you're a hardcore hacker, your own alternative host pcb) and controlled by an RPi. M-boards are sold in a starter kit (with one H-board) that is quite a bit more expensive than a single H-board - because it's highly upgradable (I'll let you decide if the starter kit is overpriced, but it is what it is). The numbers below may be of interest to you:

H-board (megabigpower) = $500, 4.17 BTC (at $120 per BTC), 25GH/s, ca. 6 GH/s/BTC (Note: not a stand-alone miner)
H-board (bitfurystrikesback) = 390 Euro, $517, 4.31 BTC (at $120 per BTC), 25GH/s, ca. 5.8 GH/s/BTC (Note: not a stand-alone miner)
Starter kit (megabigpower) = $1300, 10.83 BTC (at $120 per BTC), 25GH/s, ca. 2.31 GH/s/BTC
Starter kit (bitfurystrikesback) = 950 Euro, $1260, 10.5 BTC (at $120 per BTC), 25GH/s, ca. 2.38 GH/s/BTC
400 GH/s full miner (megabigpower) = $8000, 66.67 BTC (at $120 per BTC), 400GH/s, ca. 6 GH/s/BTC
400 GH/s full miner (bitfurystrikesback) = 6500 Euro, $8616, 71.8 BTC (at $120 per BTC), 400GH/s, ca. 5.57 GH/s/BTC
Drillbit board (initial price) = $300, 2.5 BTC (at $120 per BTC), 21.6GH/s, ca. 8.64 GH/s/BTC
Drillbit board (max auction price) = $410, 3.42 BTC (at $120 per BTC), 21.6GH/s, ca. 6.32 GH/s/BTC

These numbers are not a completely fair comparison, as VAT is not included (and would be due in many cases e.g. on import into the EU from the USA or Australia or with an EU purchase from bitfurystrikesback) and also shipping is included in the bitfurystrikesback offer, but not the others. However, the numbers above are probably a good start as a rough approximation. Guys in the USA always have the advantage at the moment, as they are not paying sales tax on online purchases from other states (if I understand things correctly).

You can see that the Drillbit offer is a very good one, even at the highest price paid at auction. You are getting roughly the same GH/s/BTC as if you bought a full 400GH/s bitfury miner, but for a fraction of the investment. It seems to me that Barntech's offer has been very fair and his team have dealt with things in a transparent and honest way. They seem to have a strong commitment to their customers and to the community and that's fantastic to see - I seriously think that they are one of the good guys, so give them a break. I have no connection to the Drillbit team by the way (and have not purchased boards from them), so this is no sockpuppetry.

Quote
Consider Bitfury may never ship.

Bitfurystrikesback are already shipping August delivery units and megabigpower will be starting to ship next week. People are already posting pictures of their miners hashing (https://bitcointalk.org/index.php?topic=250249.msg3025781#msg3025781). We don't know for sure if October units/chips will ship on time, or at all, but this is a pretty encouraging sign.


Brilliant reply, the same thing (though not as in as much depth) crossed my mind as well. Thanks for taking the time to spread the good vibe!

Its about sharing  Wink
1560  Bitcoin / Group buys / Re: [AUCTION] - GROUP BUY of BITFURY Chips + DRILLBIT SYSTEM mining assembly on: August 29, 2013, 06:12:18 AM
Barntech - Good job on communicating things in a timely manner. I appreciate your availability in the thread and trying to maintain the great vibe. Where there is money, there will often be trouble as we have seen with many GB's recently. Sometimes intentional and sometimes just because - opinions go in different directions.

Really looking forward to seeing these boards produced. Will be nice to have something outside of an overpriced Erupter and a Jalapeno (if it ever gets here). It looks like you really do care and most of us here do appreciate that. Let that sink in...   The good feelings are still here.  Grin

The other group buys where you don't actually have the miner but are chipping in are a nice way in to mining but having the rig potentially nearby and
ready for "playing around", overclocking, ,supporting the network, doing some systadmin (past IT guy here), etc. is what drove me to getting into your GB.

All the best and keep up the GREAT work,
Its about sharing
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