Only 48 chips left. Can be sold in batches of 16 for BTC5.5 Chips sold: 16 to Choadmeyer 64 to dat.le79 Expected delivery: next week. |
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personally, im a little excited to see how they proceed. at this point, they are surely looking at how they can fire-sale all thier chips to get the liquidity and space to move forwards on gen2
based on the redhash avalon copy, we should see avalon systems in the 10-20BTC range very soon. I'd even be okay with converting my electric bill payments to BTC as long as i can get back some solid resemblence of my investment in a 3-5month timeframe using conservative calculations - course avalon systems will be the first asic to go offline when the power costs exceed profit (the gen2 competitions are about 700% more efficient)
Their gen2 will be DOA. RIP |
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For the record, this man send me a wire FEBRUARY of 2013... FOR A BATCH 1 ORDER.
After he told me his order number I wondered who is paying this guy to shill me out, because I've looked into this before. Alas I looked all my records and found it.
Now I wait for for him to make a decision on wire refund / bitcoin refund.
CASE CLOSED.
For the record, I have sent you 5 Icarus boards for trade-ins on Apr 16th, 2013. You received them on Apr 23rd, 2013. Signed by Mr. Chen. You have not replied to my tickets, PMs and emails. First ticket opened #961, on JUNE 12th, 2013. CASE OPENED. |
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This is old Avalon tech? Is the stuff about it being way too late for old Avalon chips to ROI just FUD?
In the K16 threads everyone seems to have decided some time ago those old chips are useless/worthless now. Are they wrong?
-MarkM-
If you have to pay for power, these units will never make ROI in BTC. If you have free power, will just barely make a ROI on the 15 btc you pay for them. The biggest hit is the loss in when they ship and how long. That week is going to be 1/6-1/4 of the units lifetime earning probably. Now if BTC/$ goes way up you'll be ok $$ wise but not in BTC. assuming you got these in your hand Oct 6 the next diff jump guess. assuming current btc/$ price and difficulty jump per month we've been seeing.
24 hours 1 month 90 days 1 year
Est difficulty: 196,740,023 354,132,041 1,120,004,022 227,595,032,589
BTC earned: 0.26840492 8.05214758 14.78841150 17.83465806
Revenue: $ 36.98 $ 1,109.51 $ 2,037.70 $ 2,457.44
Power cost: $ 0.00 $ 0.00 $ 0.00 $ 0.00
+1 But they are beautiful. Too bad they are 4 months late. 950W for 105GH? Oh, well. |
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ghash.io is already excavating at >200TH, mined over BTC35,000 since July/August.
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If the product ships on time, KNC's choice of skipping the testing stage will be seen as bold & daring. If they fail, well...
What product? The only product they have is the FPGA prototype and they are not building/shipping that. Why you guys are so hyped up about KNC and its "products"? Until they show a working ASIC chip, there is nothing to be excited about. Did you already forget Avalon and BFL fiasco? Why do you think KNC will be any different? Once (IF) they get any working ASIC, they will mine the shit out of it for a month or two, blame Chinese customs for delays and maybe then ship few units to "supporters". That earns a trip to my ignore list. Ignore all you want. At least when bitfuries went on sale, there were ASIC chips in the hands of DYI testers. With this, there is nothing. Don't you think they would be all over youtube with their ASIC chip demo, IF they had one. "Sent to production"  I don't even know what that entails. Sent what to production? Before you send anything to production, don't you have to test the prototype first? I hope you get your "products". BTW, I had order #34 with KNC, placed hours after they made their first post here. Sold that thing like a hot potato, few months later. This smelled like a well orchestrated scam from the beginning and nothing changed since then. |
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The latest from Punin: Update:snip Shipping schedule:We've been working our asses off this week to deliver on the promise of shipping first october orders this week. It was a bit of a stretch (because of the capacitor issue, see below), but we managed to ship the first few orders today. We will proceed to ship more next week. Please don't send e-mails asking when your order will ship. We are a small team and this just distracts us and creates extra work and thus DELAYS shipping.Hardware:We have encountered overheating issues with the capacitors placed in 4 groups of 8 between the chips on H-cards. This shouldn't affect any orders shipped in august. We have not had any serious issues apart that the caps run extremely hot (up to 250°C). This is clearly a malfunction and we're not sure what is causing this. There shouldn't be a risk of fire as these are ceramic capacitors, but we decided to try removing them. (They boards seem to actually work better without these caps  We've processed about 160 cards ourselves (this is the cause of not shipping earlier), and rest will be taken to a company that will remove the caps (3.50€ a card, OUCH!). Future boards will not have these caps. H-card availabilityAs some of you have noticed, we closed the october sales. We did this so that we would be able to deliver everything as promised. We will however reopen H-card sales, after we're done shipping so you can top-up your empty slots. They will be available for immediate delivery. Software:Chainminer has been updated. You can update by SSH into your pi, then cd /opt/bitfury/chainminer
git pull
make clean
make
Then go onto web interface and stop-start your miner. We've had good results with this version even with autotuning on. We encourage you to create a backup of your SD for easy fall back (it's a good idea to have one handy anyway, as SD cards are known to fail unexpectedly). You can of course recover old version also using git checkout. We've been tuning bitfury fork of BFGMiner, and it seems to be working nicely. Mineforeman kindly offered to make us a test version of Minepeon with this, so hopefully sooner than later you will have a choice to run your miner on either platform. Refund policy:We have received some refunds and I want to clarify our refund policy. Refund in BTC is done using blockchain.info and using the price that it gives when refund is processed (I enter euro sum, and in shows number of BTC). Refund using bank transfer is also possible, but please understand it takes more time to process. Dave: can we please get an update on your shipping schedule? +1 |
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And if punin isn't joking about being ready to start shipping October orders shortly after the frist of October, it's going to be an interesting couple of weeks, difficulty increase wise. It may be BF and KNC...
I missed that. Buzzdave's last thing seemed to imply the end of october. Ahh, the chinese curse  Dave has another 100TH mine to build so he will probably be late (I hope it is not the case). August orders were pushed aside because building 100TH was a priority. We're suppose to be paid/credited for the delay but so far I have not seen anything. As for Octobers orders, he might surprise us this time, but then again, they already tasted the power of 50TH+ doing solo, so they might want to add 100TH+ to the current setup. There is a "hashing war" going on right now. BFL is doing its best to ship all of their gen1 products before they become completely unusable. Once all bitfuries and bfls are out, that KNC miner might not be as hot as when you bought it. The good thing is that by spring of next year, it will be all over. Plenty of in-stock 28nm products (or equivalent) and 12 months ROI. Just like GPUs. That is why buying pre-orders (regardless of specs) does not make any sense. Network diff might be 2PH, or it might be 200PH 3 months from now. |
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If the product ships on time, KNC's choice of skipping the testing stage will be seen as bold & daring. If they fail, well...
What product? The only product they have is the FPGA prototype and they are not building/shipping that. Why you guys are so hyped up about KNC and its "products"? Until they show a working ASIC chip, there is nothing to be excited about. Did you already forget Avalon and BFL fiasco? Why do you think KNC will be any different? Once (IF) they get any working ASIC, they will mine the shit out of it for a month or two, blame Chinese customs for delays and maybe then ship few units to "supporters". |
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Done.
1CorsCrBEcbncfnR7BVKadUZbHP7xNZCjJ
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Thus far, how much have you cumulatively spent on mining hardware? Including GPUs that were used ~90% of the time for mining?
I'd like to get a general lay of the land as to what kind of distribution we're looking at.
My personal guess would be that roughly 80% of forum members have a high-end vidja card or two, and maybe pre-ordered a jalapeno or a block ejaculator.
Then maybe 15-19% fall into the 1k-20k range.
And then there's those 1% assholes who were first in line to pre order multiple minirigs back in 2012. Which they haven't got yet. Lol.
It would be hard, but I guess women could use it. Maybe rub a sink side on the man in the boat. Let me know how it goes... LOL. |
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Just hire a Swedish lawyer to send them a letter. It will cost you few hundred Euros, but they will refund promptly.
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So can somebody tell me what size standoffs and mounting screws you need for the M board?
I used #4-40 spacers. They were a bit loose. I used a #4 nut on top of the board. #6 should be a better fit, I think. |
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It won't.
ASICs that are currently mining or pre-ordered will continue to mine for as long as running the ASIC generates more bitcoin than is lost through electricity costs. And it'll take quite a while before that happens. Whether the ASIC generates enough to justify its purchase is irrelevant in this matter, they've been ordered and produced, so they will be operated.
Eventually the growth of the hashrate will slow down, but unlike a price-bubble, there will be no collapse.
So this time it will be different? How about if bitcoind is modified to take out the ASICs. |
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I've placed orders for additional H boards on the 19th, 24th and 25th. And by the looks of my order numbers and the number of units left in the store, very few people seem to making additional purchases. I can't believe people haven't snapped-up the remaining stock in minutes. What gives?*
FWIW, I'm waiting to see what happens to pricing in November. Already have 2 full kits ordered for October, and don't feel like spending any more for that month. I have a starter kit from August but I am sitting on buying new boards. Just too expensive for the amount GH/s. I have spent enough hobby money. Need a return or to at least break even. If any of the other competitors announce/show a working chip (HF, KNC etc), I believe MBP will get a lot of refund requests as the pricing was based on the fact that they were the only game in town (well, besides BFL). If any of the competitors add PTHs to the network hash rate, that 1TH becomes 1GH and that 200TH mine becomes 200GH mine. So we really have a very short window (a month?) to recoup cost of October MBP hardware. MBP will be forced to cut their pricing or use the hardware to mine themselves. These H-cards for October delivery should really be $350, like they were originally priced. Difficulty went through the roof, but the pricing was kept constant for the last 3 months. This does not add up. |
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Miners have fucked themselves. So much for electricity savings of the ASICS and decentralization of the network.
Same idea as electric cars. Suppose to solve a problem, instead it creates more, different problems. Electricity draw by ASICs went through the roof, decentralization? Well, look at what Avalon, ASICMiner and now bitfury has done to decentralize the network. I was happy mining with my three 7970s last year, pulling 500W from the wall, now I pull >5000W with the ASICs. Is the network any better, safer? |
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First, you would need to involve people who did open source FPGAs.
You're starting with the money. I think you first need a solution. If it is suppose to be an open source project, you don't need money at this stage.
Create environment were ideas/solutions can be shared (hint: github), get the right technical people interested and you might achieve this.
Starting with the money is the wrong way to go. Most people who contributed to open source did so not for the money.
Once there is a viable open source solution, money will flow hand over fist.
IMHO,
af_newbie
EDIT: Oops, I just saw your profile. Well, never mind.
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