Hi All,

Sorry for the silence.  I will fill you in on our current state of affairs.

We have not shipped any units.  At this point profit is extremely slim.  The risk to us, and to you the customer is too great at the moment.    With only a limited supply of ASICs, this limits our ability to fully ramp up production before we would have to stop again.  Limited ASICs and profits mean limited ability for warranty as there may be no way to get replacement parts.

The best way for us to care for our future customers is to stay viable as a company and have a successful launch.

Our current strategy is to work on our next gen hashing modules with the next gen ASICs.

Our plan for the little guys is to open orders along side any large deployments we have.   This will allow you to get the exact same pricing the big guys get!   Your only extra expense will be shipping/handling.  We of course will be ordering extras for warranty replacements and some for immediate sale.

I will see if I can get my mechanical engineer to shoot me some renderings of our air-cooled system.
Also if there are any MUST have features you would like to see in a home miner feel free to shoot them to me.

We did mine live with our system at the Inside Bitcoins New York.  A couple forum members did stop by to witness.  Maybe they can chime in here to verify.



Ill try and stick around on the forums a bit more.  Feel free to shoot any questions to me via skype or email as well.

-Nathan

So will members be able to buy a single 1u, or are we looking at full racks only?

Holy Crap,
What's the price on that bad boy? lol
And need's it's own 200amp ?

Hello all. 
I will try and answer as many questions as I can in this one post as I am still restricted on how fast I can post.

Q: Exciting. When will you finalize the tech descriptions, price, etc?
A: We are working our supply chain now to get a better understanding of what our pricing will be.   The larger order we can put together the better the volume discounts and more leverage we have with our parts suppliers.  I hate to give a price point but if we can’t get things down close to $2,000USD I doubt there will even be a market.   

Q: Did you license the SPT software as well or will you have your own gui?
A:  We are indeed building off of the same path as Spondoolies.  CGminer/MinePeon.   So, Yes.  User friendly GUI.   We will also be adding some larger scale management features.

Q: I am confused? So is this a new manufacteurer who is building ASICs but instead of developing their own chips they get it sourced from SP?
A: We are a systems integrator.  Our team comes from the enterprise server development world.  We are manufacturing our own architecture built around Spondoolies Rocker Box ASIC

Q: Water?!?  WHAT?  Where? How?
A: This is an open loop watercooled system.  This is designed for larger scale datacenters in mind.  (Individual customers may purchase, but will have to provide their own pump and radiator)(which means you can make this as quiet as you like!)
Our heatsink touches off on ALL parts of the “hashing module” that produce heat. (ASICs, Voltage regulator, and even the board itself.   All heat the board produces exits the water channel.

Q: Power supplies?  Noise?  Water?
A:  Power supplies are air cooled.  However they get near ambient temp air as the hashing modules are cooled by the water.   Running the system at 4Ths the power supplies are silent.  Over 5Ths they are barely audible.  6THs they are noticeable.  They are still the only fans in the system so they are not really all that bad compared to the competition.  Ill take SPL readings and post an audio recording in the future.

Q: Can you outline where/how the radiators fit into the setup? I imagine they are external.

A: Yes Datacenter level.   We are launching our architecture around: http://drycoolers.com/sites/default/files/avr-brochure-v2_0.pdf
As other have stated functional waste heat usage was one of our main goals, next to an easily upgradable design.
With an open loop design some may not have radiators at all, instead choosing to redirect a river for free cooling.
Our architecture also opens up the rest of the world to Bitcoin mining.  We can easily handle over 40C ambient air temperatures.

Q: RJ45!!!!!!!!!  HOW MANY?
A: Each Module needs 1 RJ45 connection to the management card.  Each management card will handle 24 hashing modules.  The 2nd port was for development reasons.
2 management cards will reside in a 1U chassis supporting a total 12 full miners.
Cat5 cabling is low cost and having a separate management card make for ease of upgrading modules.   

Q: Its likely those PCBs still need some airflow as well, although we can't be certain without more pics. Maybe the blocks cover the DC/DC area as well, maybe they just cover the chips.
A: Airflow is not needed for the hashing modules.  The PSU will need air however and will pull some air over the hashing modules.  Our heatsink makes contact with all heat producing components of the board.

Q: .51 watts per gh  does not cut it.  the next jump is over 10% .
A:  We are not an ASIC design company.  We can only control efficiency so much.  We are using Spondoolies Rocker Box ASIC so our efficiency should be on par with theirs.   We are pretty close on efficiency.  We have a few more tweaks to make.  It is also unknown if we happen to have an earlier batch of ASICs that may not perform as well.  Even different SP20’s will have different efficiency numbers.


Final Note:
Our marketing and technical documentation is being finished soon.
Our goals with this architecture were as follows:
Replaceable hashing Modules.  Upgrade modules (not including ASIC cost as we can not control that) could potentially cost ½ the total price of a new miner.
Easy, rapid, end user replaceable hash modules.
Rack dense.
Useable waste heat.
Interface with standard industrial plumbing.
Provide all the benefits of immersion cooling without the cost.
We believe we have accomplished these goals with this system.

Hope to see you tomorrow at the Texas Bitcoin Conference.

-Nathan

Are these units shipping yet?

The one good thing that came out of our recent 40+hour block is that it shook out a lot of the weak hands!   PHs in the 13's makes the payouts all that much nicer!!!   

i like it a lot! too bad we can't have it
i could have used to heat my future swimming pool

Is this another pre-order thing? have this shipped out yet? I don't see any order button on their site.

Its needs fairly substantial water cooling so they say.

Looks like S5's laying on there side...

edit: thought you were talking about pictures, not the video. Whooopsy

I thought this was the reason:

Isn't "The Fork" about block size as well?  Increasing the block size at "The Fork" is a large part of the discussion with "The Fork."

And unfortunately most of the large pools just aren't very active here.  Nor has BitcoinTalk really been the best place for discussion anyway (see Dev & Tech).  A lot of the technical details and implications have been on the mailing list, and there's also been pretty good technical discussion over on reddit.  Recently a small stress test was unofficially coordinated and they found that most pools don't even fill up to the current 1MB maximum, for example.

---

Hashing power is useless if nobody wants to do business with your mined blocks, though.  It's a bit of a symbiotic relationship between miners and services (exchanges, merchants, consumers, etc.), but the latter group should have the deciding power.

I am really thinking, is it not the miners that ultimately decide what fork is going to succeed. If they split Bitcoin and also create Bitcoin XT and 80% of the larger pools move to FORK XT then is it not the miners that have decided the outcome.

I am not an expert in any of this and am really trying to understand it myself that is why all the questions. It just seems that if Gavin wants 20MB and others do not one will ultimately win out based on hashing power.

Is my thinking off?

Hello All.

This is the Miner Edge LLC official Bitcointalk user.

Guy,  Will you do the honors of confirming that this is the real Miner Edge.    We emailed earlier about shipping a broken SP35 for serial power testing.




We will be at the Texas Bitcoin Conference.  http://texasbitcoinconference.com/conferences/austin2015#sponsors

Our system is ready for production now and we will be opening orders soon.   More info on this to follow soon.

We are also working on a 3-4U air cooled version of the above tray.  Everything identical except with air cooled heat pipe heatsink below, and fans.

This will be our permanent architecture for the foreseeable future.  We will be selling upgrade modules as future ASICs will be developed.

If you buy into our system you get to reuse everything other than the hashing modules.    Modules can be replaced in about 15 minutes.


Nathan Ho
Founder/CEO
Miner Edge LLC
MinerEdge.com
Email: nathan at mineredge.com
skype:  h.nathan.h@Skype

MinerEdge rack mounted system based on RockerBox pictures can be found here http://imgur.com/a/5g0cq

Nathan provided the following info:

Water cooled.  One long heatsink resides below the 4 modules. Making for easy replacement of modules.   
 
Efficiency, Not quite as good as some of the best numbers we have seen on the SP20 but we have more tweaking to do.  Our next rev board (in case Serial power doesn’t work) will have some more power improvements.  We hope to gain an additional 4% DC-DC efficiency at max current.
 
.69w/GHs @ 6THs
.57w/GHs @ 5THs
.51w/GHs @ 4THs
Measured at wall @ 240v
 
Management traffic goes out the RJ45 jacks on the front.
We will be integrating the board level management data with the ASIC data shortly.  This will allow us to power 24 cards(6 chassis) off of one management card.
 
This system is basically equivalent to 4 SP20 systems in one 1U tray.

Contact information:

Nathan Ho
Founder/CEO
Miner Edge LLC
MinerEdge.com
Email: nathan at mineredge.com
skype:  h.nathan.h@Skype

The only problem I see is if Bitmain has the consumer market cornered, they can self-mine on their new equipment and keep selling old technology without any open market competition. The S4+ has shown their willingness to keep working with older technology vs racing to release new models.  Sfards is (thus far) relying on SP's chips to produce their hardware. SP has already shied away from consumer products, they may decide to shy away from B2B sales as well and focus on their new joint venture. Any info on the group in TX?

SP won't have another consumer product most likely.

not trolling / asking honest question

i have been doing research on bitcoin pool luck

15 petahash and no block in over 24 hours (am i wrong?)

Could some of that 15 petahash be block witholding attacks onyour pool ?

I notice in the past month you & btc guild have had a string of real bad luck.

Over time the guild worse than you.

I don't like to say this stuff but no one else seems to want to bring it up & i don't even mine on your pool.

Look , I have no formal education in mathematics but I suggest you do a small statistical analysis if you mine at 15 peta hash w/ current network difficulty for this long ten million times.
See how often you have the current 'luck' you have.

Also if it was anyone but you or the guild / I could say someone on the inside is dishonest.

I refuse to believe the oldest / first pool would start pulling shit now -- NO WAY.


anyone agree ?? disagree

Got myself AntMiner S5 a month ago. I was surprised how bad cooling solution it has. Loud fan, bad heatsink design and a lot of air not even going through the heatsinks. After a month of playing with it and some 3D printing this is what my small rig currently looks like (just ordered the second S5):



I'm keeping it on the terrace, rain can't reach it and there's plenty of fresh air for the miner to keep it cool. I've put it on the PSU because I noticed it absorbs some vibrations which you could otherwise hear in the room nearby during the night.
It's hashing 1.35-1.4Th/s (clocked at 425MHz), temps of the miner are about 42°C higher than ambient while hashing at that rate. 34°C higher than ambient at default clock. Which means I don't need to fear of hot summer anymore.