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2281  Bitcoin / Hardware / Re: AntMiner S2 1TH/s Miner (1w/GH/s) on: April 29, 2014, 01:35:49 PM
Woah.. check your coupons..
2282  Bitcoin / Hardware / Re: AntMiner S2 1TH/s Miner (1w/GH/s) on: April 29, 2014, 01:22:12 PM
Quote
Web site is down for maintenance, please wait ...
2283  Bitcoin / Hardware / Re: AntMiner S2 1TH/s Miner (1w/GH/s) on: April 29, 2014, 12:22:45 PM
strangely i have been awarded 6 x 0.05 S1 coupons...

lol!

I think the $400 coupons will be there at 8pm

8:17 now and site has not updated, suspense building... lol


What I should have said is the coupons will probably be allocated at the same time you can actually put an S2 in the basket, around 8pm (ish) Tongue
2284  Bitcoin / Hardware / Re: [Antminer S1 Sales open] Price changes daily, now 0.604 BTC for 180GH/s on: April 29, 2014, 12:19:54 PM
I have a bunch of 0.05 S1 coupons it doesn't look like I'm going to use. Not sure how those work, are they transferrable?



Not without giving your account away or getting someone to trust you to purchase on their behalf.
2285  Bitcoin / Hardware / Re: AntMiner S2 1TH/s Miner (1w/GH/s) on: April 29, 2014, 12:16:09 PM
strangely i have been awarded 6 x 0.05 S1 coupons...

lol!

I think the $400 coupons will be there at 8pm
2286  Economy / Services / Re: [Lee group,Round 7]2750$ and 2650$ ! Sales promotion of dragon 1T miner on: April 29, 2014, 08:26:16 AM
i am afraid they will never let you buy their miner at that price if they see your word Smiley

Do you think there is a good chance that Spondolosis technology will be cloned?

Highly doubt it.

Remember the A1 isn't cloned, its made by Innosillicon, Bitmine just have the rights to use it, exclusive rights for a short period that ran out because they couldn't execute in time.
2287  Bitcoin / Group buys / Re: [Special Group Buy - Spondoolies-Tech SP30 pre-order] Specs: 0.69$/GH + 0.46W/GH on: April 29, 2014, 08:21:23 AM
The group buy is still open ??

As per the OP, one and a half days left.
2288  Bitcoin / Hardware / Re: Cointerra TerraMiner 1.6 TH for $3799 on: April 29, 2014, 08:15:32 AM
Can anyone confirm that they ordered, received and starting mining with the cointerra rigs?
Is there any reason not order?

I got a reason, nearly $600 shipping!
2289  Bitcoin / Hardware / Re: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s on: April 29, 2014, 08:13:30 AM
Terraminers at $3799 now!

https://cointerra.com/product/terraminer-iv-1-6-ths-bitcoin-miner/

STIN, Texas – 04/28/2014

CoinTerra, the market leader in ASIC Bitcoin mining solutions today announced that it has adopted a variable pricing model for retail sales of their TerraMiner IV Bitcoin mining hardware.

Having delivered the April and May/June batches significantly ahead of schedule, CoinTerra has decided to move to a model of daily pricing for its from-stock sales in order to reflect the ever-changing variables which go to make up the Bitcoin ecosystem.

“As the leading high-performance Bitcoin mining hardware manufacturer shipping from stock, we can now offer a pricing model that allows Bitcoin miners to make purchasing decisions based on current factors. This makes CoinTerra’s spot pricing exceptionally attractive to members of the Bitcoin mining community wishing to buy mining hardware for immediate delivery and deployment.” said Ravi Iyengar, CEO – CoinTerra, Inc.

Every 24 hours market analysts at CoinTerra will determine the following day’s spot price, and the first price point offered on Monday April 28th is $3,799 per TerraMiner IV with a volume discount of $200 per unit when purchasing 10 or more. Depending on the market, pricing may increase or decrease, or remain unchanged.

Additionally, CoinTerra has announced that it has begun to offer the TerraMiner’s GoldStrike I ASIC for sale to third-parties to integrate into their own system designs, with a minimum order of 500 ASICs.

To order a TerraMiner IV from stock for immediate shipping visit: https://cointerra.com/shop
2290  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: April 28, 2014, 10:30:00 PM
Knc
Have news for Neptune
Look

https://bitcointalk.org/index.php?topic=170332.msg6444307#msg6444307

This one from earlier?
2291  Bitcoin / Pools / Re: [6600Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB (New Thread) on: April 28, 2014, 10:26:39 PM
That last block is a doozy! Cmon luck drag yourself up into positive numbers I want my BTC! Smiley

It is time to pray to the almighty hemaphrodite.

Is that you? Tongue
2292  Bitcoin / Pools / Re: [6600Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB (New Thread) on: April 28, 2014, 10:04:50 PM
That last block is a doozy! Cmon luck drag yourself up into positive numbers I want my BTC! Smiley
2293  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech launches a new line of ASIC miners - Best W/GH/s ratio on: April 28, 2014, 09:14:37 PM

The dragon costs $2900. Or $2900/Ths.


Last one I got was actually $2700, they are cheaper now but.

SP10 is $4000 per 1.4Ths or 2857/Ths.


SP10: 2757$/Th
Dragon: 2700$/Th

And now:

Conterra: 2375$/Th Shocked
2294  Bitcoin / Group buys / Re: [Special Group Buy - Spondoolies-Tech SP30 pre-order] Specs: 0.83$/GH + 0.46W/GH on: April 28, 2014, 07:05:05 PM
Quote
If they do deliver you will have the best miner on the market.

Same thing has been said for just about every asic preorder in history.

It will be the best until random chinese company ______ begins shipping their equivalent hardware for less and a month earlier.

And how would you look if the SP30 delivers in time and on specs? The chinese only stole one chip design. Do you think they will be able to steal them all? If Bitmine.ch did a poor contract with Innosilicon doesn't mean that this will happen with all companies.

Looks like you cracked 300 mate, well done!
2295  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech launches a new line of ASIC miners - Best W/GH/s ratio on: April 28, 2014, 07:00:54 PM

SP10 is 0.82W/GH if you measure it by 1400GH (1150W for this speed) Why do you say it's 1W/GH? What is the power draw for Dragonminers? S2 does 1W/GH and comes in pieces. KnC Jupiters are 1.1-1.2W/GH. Only Bitfury can achieve 0.8 or maybe 0.7W/GH. As said before I invite you and everyone to just buy one single unit so that they can compare themselves the quality of the products. Can't afford or don't want to buy a pre-order unit? Just buy one SP10 and you will see the difference.


Forgive me if I'm barking up the wrong tree Smiley

In dogies review there were lots of mentions of 1250W for 1.3GH and a chart for power draw at the wall



All I meant is that its not like we are saying that SPT is half the power consumption currently compared to the competition, they are good, but everyone is snapping at each others heels.

I hope its alot better for SP30 but expect it to be somewhere inbetween in the end.
2296  Bitcoin / Hardware / Re: AntMiner S2 1TH/s Miner (1w/GH/s) on: April 28, 2014, 06:35:55 PM
how to understand the column HW in web of antminer S2?
it  is too high
HW Error Calculation Formula: HW / (diffA + diffR + HW) * 100
it is in % of accepted?
so with 212.5 Mhz i have 0.001% or 0.1% or...?
Yes thats a % calculation should be less than 1% normally at 180Mhz
If you run higher than 180Mhz then you will get higher HW errors and have just invalidated your warranty.
The stock speed is 196Mhz for ~990GH.
I am running at 218.75MHz for the past 49hours:     1085GH at pool, 1115GH at webUI, 2.02% hw errors       (probably drawing ~1250w from the PSU)

temps range from 48C-55C, fans range from 2400-2520


Yes my bad, thought I was in the S1 forum Smiley
2297  Bitcoin / Hardware / Re: AntMiner S2 1TH/s Miner (1w/GH/s) on: April 28, 2014, 06:35:17 PM
how to understand the column HW in web of antminer S2?
it  is too high

HW Error Calculation Formula: HW / (diffA + diffR + HW) * 100
it is in % of accepted?
so with 212.5 Mhz i have 0.001% or 0.1% or...?
Should it not technically be: HW / (diffA + diffR + diffS +HW) * 100 ?

and it would be in a % of total work, not only accepted.

No idea mate, just going by what the authors of cgminer have posted. diffS is always zero on mine anyway.
2298  Economy / Services / Re: [Lee group]in stock, 2900$ and 3250$! dragon 1T miner shipped within 48 hours on: April 28, 2014, 06:26:24 PM
Assuming a static BTC value you maybe correct, but it was only a month ago that 1 BTC = ~$650 so it is extremely difficult to speculate on BTC value and mining.

I will gladly invest in your crystal ball that gives you the ultimate knowledge.

FYI, this is no longer profitable. It currently costs 6.4 BTC and at most you'll get back 5.5BTC with 17% difficulty increases. At most, you can hope to break even by selling the miner.

Jeez why is everyone so defensive? Just giving a heads up. All I'm saying is that if you were to invest money now, it would probably be much better spent buying BTC. You will end up with more BTC in the long run.

If you buy the miner, it would currently cost $2900 or around 6.4BTC. You will mine at most 5.5BTC and if you sell the miner, maybe you can get 1 more BTC. Maybe. It's a losing deal no matter how you look at it.

that is what the most of the people thinking currently, but i donot think so that the 17% increase on difficulty for 11 days will really happen by now, it is no reason, on one hand, you assume an very high increase ratio and on the other hand, you point out that wisdom people will not invest in miners. these two things are against each other naturally.
here is my roi analysis and i paste it here again
          ROI analysis
Many people make decision whether the miner is worthy to buy on ROI analysis , and i will share my thought on it with you.
First, you need to consider the following two questions:
is the mining itself will disappear after six month?
What is the speed of the fastest miner can perform after six month and what is its price?  

I will give you my answer to these question.
is the mining itself will disappear after six month?
The answer is definitely no, only the bitcoin exist, no reason that mining itself will disappear, and like most of the people in the forum, i have strong faith on bitcoin.

What is the speed of the fastest miner can perform after six month and what is its price?
I can’t tell you the exactly number of that, but my answer is not exceed 2T with the electricity consumption of 1000 watt, during the last one year, with the appearance of ASIC, the hash rate speed you can gain with 1000 watt has increased from 6G to 1000G. But it is almost the best value we can achieve based on current technology. Although i am not an professional electrical engineer, i can see that the increase of the hash rate of the chips are closely connected with its manufacturing technology, which have been increased from 110nm to 28nm by now. But as i know, it is almost achieve the limit of current chip manufacturing technology also the limit of physical law. Although 20 nm manufacturing technology is possible but the cost will also increase rapid and may be not worth to use. So we can achieve the conclusion that the life time will more than 6 month.

Now we can go forward to the second question here, what is its price.
I cann’t answer this question exactly also, but i does know that its price will not below its manufacturing cost. That is very simple to understand, the factory have no reason to sell them unless they can profit. As i know, the manufacturing cost for one dragon 1T miner will not below 1000$(chip, psu, Raspberry Pi, fans, shipment fee, all these thing need cost and will not disappear) .


Now we can go back to the ROI analysis, for most of the roi analysis, it will assume one miner will only have 2-3 month life, but based on above analysis, we can see that will not happen, so there is must something wrong with the current ROI analysis.

Here is my third question, what is the the most possible number(in %) of the adjustment of difficulty for one round (12 days) in Oct 2014?
I will give my answer later, but now, i want to hear your guys opinion

Hi Lee,

You said, "Now we can go forward to the second question here, what is its price.
I cann’t answer this question exactly also, but i does know that its price will not below its manufacturing cost. That is very simple to understand, the factory have no reason to sell them unless they can profit. As i know, the manufacturing cost for one dragon 1T miner will not below 1000$(chip, psu, Raspberry Pi, fans, shipment fee, all these thing need cost and will not disappear) ."

but sponditech is coming out with miners that costs $850 for 1 TH

The SP30? Only if you buy 250 of them or get in on the group buy, plus thats a chip that hasn't been made yet. The cheapest you can get 3 for on their web site is $1295 for 1TH

I think that InnoSilicon know that to compete they will have to design a newer chip, I'm sure they are probably working on it already, the gauntlet has been thrown down by Spondoolies-tech and some other manufacturers, its up to Inno and others to see what they can come up with to compete. Its all good from a buyers perspective.

2299  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech launches a new line of ASIC miners - Best W/GH/s ratio on: April 28, 2014, 05:41:51 PM

Secondly, its 3+ months till August. Smiley

I hope it works out for everyone, but I also reckon that you would have to be a bit naive to think that the SP30 will be out there on its own with no competition at the price point or even efficiency level. You think the Chinese are going to stop? You think that Innosilicon, the Avalon people, AM etc are just going to give up? I think theres even a reasonable probablility that KnC will have Neptune out there before then even though some may scoff.

I predict the next round of miners coming out of China will be significantly cheaper than the last round. I know that already the 820GH Avalon machine is down to 1900$ delivered, so am expecting the A1 boxes to drop accordingly and for newer 1.2/1.6/2 TH machines to be out sooner rather than later.

SP-Tech will have chips in hand early July, i hope that we will get some kind of demo or some performance numbers long before they start shipping units.

I don't think SP30 will have no competition, but i do think that the SP30 will be among the first ones (if not the first one) with that efficiency. AM is still struggling with their gen3 chip and it seems to be on pair with SP10 chips, KnC's 20nm chip will be around SP10 efficiency level too so it will take some time to catch up for the rest of the companies. As for China clones and such they may sell 1TH for 500$, but if they suck at power efficiency it's no good. By the time the competition will catch up with SP30 i'm sure that SP-Tech will be one step ahead.

All educated guesswork I am sure, and I hope for your group buy's sake that it works out that way, but remember, no-ones predicted efficiency has so far been on the money. SP10 is still only 1W/GH or maybe just under at its rated 1.4TH which is the same as A1 in the shipping Dragonminers from China. Even BITMAIN have shown they can adapt their design to get down to very close to those numbers with the S2. KnC's old tech isn't far off 1W/GH either.

Now the SP30 being a die shrink should hopefully pay off, but they are bumping up the output big time which may affect things, who knows, I hope your thoughts and guesses pay off, I'd be hedging and planning for it to be slightly off target just in case.
2300  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: April 28, 2014, 05:38:57 PM
Quote
Out of 36 boards only 6 looked usable and of those only 1 is actually working, 2 power up but show completely dead dies and the other 3 do nothing but look good.

That sounds extremely worrying.

That is like taking boards from the trash container and shipping to customers...

Were the heatsinks only stuck onto the board by the thermal paste?

Yup, except now they can claim all of the bad boards as damaged in shipment and get reimbursed by the shipping co./insurance, All the while mining on the equipment they should have sent.

Brilliant.
I am fairly certain the shipping companies will demand proof of secure packaging (according to their terms of sale) and wont pay KnC a penny, as this !would smell alot like KnC defrauding the shipment company.

They have specialised teams working to help minimize every penny in reimbursements, and it sure looks very suspicious if every package the company sent out is claimed to be damaged by shipping.



Exactly, you think that shipping companies can't use the internet? Sheesh wouldn't take 10 seconds to find out that sort of thing.

No I think that KnC can afford to eat the loss themselves. They wouldn't risk their relationship with shipping companies or insurance fraud charges
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