We just released a rev2 of our chip It would be nice to have this topic updated with latest info! Bump. Let's see some updates. Energy efficiency is starting to become a factor in profitability.
|
|
|
How sad, you still don't understand how it works, it's WATTS * TIME = JOULES. Joules as a reference in itself is meaningless without the time factor.
You make correcting you so much fun, I just can't resist. The "fime factor" is missing because it cancels itself out. The two terms use miners love to reference are "watts" and "gigahashes per second". Look what happens when you combine them. .68 W / (GH/s) multiple both numerator and denominator by s .68 Ws / (GHs/s) simplify (Ws) and (s/s) .68 J / GH Tada!
|
|
|
which may make up a whole 5 to 10% of the next couple diffchanges, I see no real threat there. I really think you're over-estimating Bitmain's impact to the network
Sounds like you haven't kept up. In a few short months, Bitmain is powering 20%+ of the entire network!
|
|
|
I've asked Bitcoin developers why the BTC fees are so high for small transactions. I know some of you will want to argue about this but you might as well admit the truth: Sending big amounts of BTC is cheap, sending small amounts is expensive. It just does not work for micropayments.
How else can you send money internationally quickly for only a nickel? That said, you are right, Bitcoin is not well suited to micropayments. There's no point in trying to make Bitcoin work for every conceivable use case. There are plenty of other use cases where Bitcoin is unbeatable. That's where future massive adoption is going to come from. Micropayments will best be suited to some off-chain and/or altcoin implementation.
|
|
|
Yes, Tom (cablepair) was the head of the bASIC failure. IIRC, he was the one that ran off with everyone's BTC.
Not really. While Tom was very slow at providing refunds (which scared and pissed off a lot of people), he pretty much refunded everyone.
|
|
|
Hey, I am curious about your bullishness on Neptune. With btc being where it is today, one can get at least 23 btc per Neptune if cancelled. I still did not pull the trigger, but it is getting close. What is your rationale? I don't see anybody paying huge premium for the machine at these btc values or machine mining more than 15-18 btc optimistically if hashing starts on May1.
Forget about breaking even. That would have only happened had KnC shipped in Q1. Well, that's not going to happen, so it's over for Neptunes. By the time Neptunes ship, difficulty will be 10B+, at which point a Neptune will generate less than .15 btc per day. That puts RoI at over 3 months without even considering any difficulty increases! Believe me, there's lots of difficulty increases still to come. Bitmain knows how to scale production. They're going to flood the market with 1 TH/s machines before Neptunes even start shipping.
|
|
|
When is bitfury (particularly MBP) going to start selling to customers again?
I don't think they will. Dave is busy with the massive farm. If he does offer any for sale, they will still be overpriced.
|
|
|
There's one major thing missing from this list... a timeline as to when each comment was written. The OP seriously seems to think that these are current claims, when several of them were made months ago. Call it was it really is, a lack of updating the website with current information.
Oct: "November / December Initial Shipping" Dec: "With that in mind, our current schedule is on track for shippments to begin towards end of year." Jan: "However, this is our second generation, so we have much greater clarity on the process and plan to begin shipments in January 2014." Feb: "However, this is our second generation, so we have much greater clarity on the process and plan to begin shipments in February, 2014." These aren't just some quotes printed in some obscure website they have no control over. This is straight from their product page which is used to sell their products. They regularly update the webpage, yet they chose to not update some issues which no longer are true. That places them firmly in "lie" territory.
|
|
|
That farm is Bitfury 55nm ASIC blades.
I think PG was making a joke about the Monarchs. At least I hope it was a joke. It was pretty funny.
|
|
|
Dude's prediction may not have hit bull's eye but it certainly hit the target.
No, it didn't. There was no "major dip". Not even close.
|
|
|
I don't know why AMT thinks they can get away with not refunding the money.
Um, because they are. Has anyone gotten a refund? Has anyone sued them and gotten their money back?
|
|
|
Please see the thread, several respected members of the community (Adam Back, Meni Rosenfeld) have visited us in person and seen the units, before providing their confirmations.
Small correction, Meni didn't visit us in person yet. We're giving Meni an evaluation unit tonight (Israel time). Adam Back did visit us a month ago. "This message" being that I consult for Spondoolies-tech and have known some of the people involved for about a year. I haven't seen the hardware yet, but hopefully that will be soon.
Clearly Meni has never seen the hardware. Where is Adam's review of the hardware? My point still stands. Why were you so desperate to open orders before delivering any actual sample hardware?
|
|
|
UPDATENext 3 sample units were shipped to: - Jeff Garzik
- Gregory Maxwell
- MineForeman
(I've provided them with tracking numbers in private.) You should have done that before accepting pre-orders. It looks like a desperate money grab when you take pre-orders before any community member has seen the hardware.
|
|
|
But, they promised, IN ALL CAPS even!
|
|
|
THIS FORUM IS NOT A MEANS TO COMMUNICATE WITH AMT - CALL OR EMAIL US - WE'LL GET BACK TO YOU AS SOON AS POSSIBLE. WE PROMISE.
Just email them. They promise to respond ASAP.
|
|
|
The full TOS is here: http://www.spondoolies-tech.com/pages/terms-of-saleIn a nutshell: - All sales are final, we guarantee to deliver the ASIC units on time and per the announced specifications (we bound on this to our VC investors as well!).
- DOA - 14 days within purchase, via RMA procedure defined in TOS.
- Warranty - 90 days limited, assuming no modding was done to the units.
Delivery dates communicated or acknowledged by Spondoolies in the Order Confirmation are approximate only
You are *not* guaranteing a delivery date. Are telling us that even if you are late to deliver, you will deny all refund requests?
|
|
|
What's your refund policy?
|
|
|
What Chinese vendor are you talking about here?
Tons of vendors selling 1T Dragons and the like. They're all using A1 chips from Innosilicon.
|
|
|
As it is, if the pictures are to be believed, AMT & others are now sitting on a mess'o under-performing chips with not even a decent reference design board to use with them... Betcha BM.ch made them and the other companies pay up-front like we did... Can you say screwed, blued, & tattoo'd?
The chips are fine. There are plenty of Chinese vendors with enough skill to build working boards for the exact same chips that Bitmine/AMT are unable to develop. The problem isn't the chips.
|
|
|
I ordered some Units on the 13th March but not arrived yet, would appreciate any indication of time for delivery or how to get tracking I'm in NZ and ordered direct from sushi site. order status just says "paid" Could be stuck in customs for all I know.
You'll probably get a letter that you need to pay GST. Get a tracking number from sushi.
|
|
|
|