Sure, it's so easy to make a 700+ GH/s BTC ASIC that Superstar Chip Designers at Cointerra could barely match 400GH/s.  Yes, it is easy. SHA256 is embarrassingly parallel. Making a big fat chip is just copy/paste. It's just a bad idea due to heat density and other issues. That's why companies that did big chips (HF, CT, BFL) had the biggest problems actually building working miners. |
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BFL is over 9 months late. BA is only 6 months late. You can't outdo BFL. They are masters of overpriced late hardware.
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We got the preliminary ASICs results for October batch. We'll meet 5.5 TH/s +- 5% with 3KW at the wall.
This is guaranteed. You'll get a refund in case we won't. You'll enjoy additional hash-rate if it will be better.
We're further tuning the process to get better results for November.
I'd be much happier with a 2 TH/s 2U unit where you didn't have to run the PSUs at 110% and have to run them on 220V to get their full performance. 2 TH/s in 2U is plenty dense for any hosting facility. |
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It's hilarious looking back and see just how wrong iCEBREAKER was: The more hardware HashFast sells, the more
You should wait and see what HashFast's next chip will do before offering erroneous advice.
They likely won't have another chip design for years. Fine, you go ahead and assume facts not in evidence. Care to make a wager? I'll put 1BTC on HashFast's second chip taping out in less than 365 days from now (9/8/14 or sooner). Chicken? Yah, that's what I thought!  ALWAYS BET ON iCE...I think we can rest assured there's no second chip taping out in a week. |
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As mprep said, avatars will remain disabled until the new forum software is released, confirming my guess above.
To be clear, avatars are not disabled. Changing of avatars is disabled. |
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More power than an S3. More cost than an S3. Slower to ship than an S3. BFL has perfected the trifecta of shitty mining companies. Come on BA, you're right on track for unseating BFL for being the worst shipping manufacturer! |
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What kind of shit show is this?
The kind BFL always does. You would be a fool to skip the full refund option. |
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The antminer s3 seems like the best deal at the moment as far as w/gh, but none of them seem to be able to break even. Is there anything I am missing?
Nope. It's a bad time to buy mining hardware. |
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Ideally the "peers" should be CPU based. That enables broader participation and access. The trend to more and more specialized equipment GPUs --> FPGA --> ASICs leads directly to the network being more commercialized.
Hogwash. It doesn't matter what hardware is used for mining. If mining is profitable, then big farms will be built. That's how people think. If you can make $1 per day mining on a desktop CPU, then a farm will be built to mine $1,000,000 a day on a huge farm of desktop CPUs. We saw it in the early days of mining when botnets were redirected to mining purposes. |
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if the supply is inherently built to continually diminish
Doesn't look like there's any diminishing...  Not a Ponzi. QED. |
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What would happen if I were to refuse the shipment? What steps would I have to take if AMT didn't refund my money?
No one is ever receiving a refund. You either join the existing lawsuit, or file your own. |
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When you buy a car, they advertise the MPG, that it won't rust for 20 years and of course, the price. How many guys did you see complaining that they bought a Mustang and they can't drive with a speed of 10 miles per hour and obtain the advertised MPG rate? How many of those guys did you see whining to FORD about compensation in price, because their product does not meet the specifications? How many guys are complaining that their car does not reach the 180MPH printed on the dashboard? They bought the Mustang, and they're free to return it or resell it.
Why would be the mining business different? Or any business for that matter? Everything changes when you reach understanding ..
What a stupid analogy. When a car manufacturer advertises 20 MPG, you can reach it by driving appropriately, and in fact you can exceed it quite easily. See http://en.wikipedia.org/wiki/Energy-efficient_driving for examples. Now, show me how you get an SP30 to run at 5.5 TH/s while drawing 2700 watts? |
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time is btc and everybody wants some, maybe someone will
sell me a 1 month summary for 0.5 btc ??
X1s are trickling out to customers who ordered from BA, at about the rate of 1 per day. X3s don't appear to be shipping at all yet. |
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no i won't, even if the wind turbine would fail to produce enough energy then then i always have my Soal panals  That's gotta be one massive turbine! |
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Were you compensated with 3 for the price of 1?
Monarch compensation comes out to $2/GH. Anybody who doesn't request a refund is buying overpriced space heaters. |
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How's the power usage? Every other manufacturer is offering A1 systems running under .8 J/GH. How did the AMT system turn out?
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I think miners have generally gotten smart enough to not create so much demand that companies can sell out 6 month pre-orders in a single hour.
There are still far too many stupid miners. People are actually taking delivery of overpriced BFL hardware as we speak even though they are being offered a far more profitable refund option. Other people are dumping money into every Ponzi "cloud mining" website that pops up. |
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