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2781  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: October 10, 2013, 12:57:03 PM
The fact that he has one unit actually achieving over 500GH is what is throwing me off and making it hard for me to think it's a data center problem.  It is entirely possible that there are 10's of other customers happily hashing away not participating in the forum.  Without being able to see the error logs, or SSH into the unit I really can't do anything to troubleshoot (other than change pools, which I have done).

The machine may have been powered on or rebooted just before taking that reading, or maybe its located in a other room or rack.
Whatever the cause, 10 out of 11 (or 11 out of 12 if we include your unit) is not an isolated incident.
2782  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: October 10, 2013, 12:48:39 PM
I really don't think that this is part of a larger problem... I think I just have a bad unit and someone at the data center needs to look at it.  

Seems unlikely. In the thread you posted on KnC forum, it wasnt like you were the only one. To quote someone else:

Quote
There is something very wrong with my miners in the datacenter

All Jupiters are running as follows:

1) 145GH
2) 528GH
3) 99GH
4) 177GH
5) 313GH
6) 116GH
7) 318GH
Cool 310GH
9) 82GH
10) 383GH
11) 178GH

That's around ~2.5TH out of the ~6TH@ 550*11 that should be running

Either its a software problem somehow, or they are having serious problems cooling their datacenter and its doing double duty as a sauna right now.
2783  Bitcoin / Mining speculation / Re: Next difficulty ~215,000,000 ? on: October 10, 2013, 12:42:47 PM
Of course this is random , and only for 10 blocks , but still..

"Last 10   10/10/2013 12:04   262741-262751   582 403 844   x3.08"

10 blocks is fairly meaningless, Ive seen it go anywhere from x0.3 to x5.

If you look at 120 blocks, there is still quite some variance, but at least the numbers mean something:
Last 120   09/10/2013 22:04   262631-262751   260 578 393   x1.38

If you add to that the upward trend, well 300 might get difficult, but 270-280M might still be possible.
2784  Bitcoin / Mining speculation / Re: Next difficulty ~215,000,000 ? on: October 10, 2013, 12:33:11 PM
220M would mean 1.57PH. Were are already at ~1.7PH and growing. Maybe if all those KnCs catch fire and we have a terrible streak of bad luck,  we could get down to 220.  But Im betting anything you want against that.
2785  Bitcoin / Hardware / Re: [FAILED]Butterfly Labs 30 day countdown to the end of September on: October 10, 2013, 12:28:43 PM
Wow, outsourcing 5 Gh/s miner assembly has really been a non starter since they announced it lol.

BFL outsourcing facility:
2786  Bitcoin / Mining speculation / Re: Next difficulty ~215,000,000 ? on: October 10, 2013, 12:11:42 PM
KnC has 1000 units left to ship = 500Th = 71mil diff till end of october = next jump 220mil, my guess

You think BFL stopped shipping all of their ~3000TH backlog ? Bitfury stopped shipping and expanding (~+100TH or so in their private mine alone this month so far)?
You sure asicminer will not deploy zero of the 500TH this month as friedcat claimed? Then there is the slim chance Hashfast would actually deliver on their promise.

We are already looking at 240-260M next week without any of the above. Good luck betting on 220 by the end of the month
2787  Bitcoin / Hardware / Re: Bitburner Fury - Hashrate Protection on: October 10, 2013, 10:21:00 AM
cf the breaking USB connectors; this is something common apparently, I saw the same is happening with a completely unrelated product (multirotor flight controller) where most of these microusb connectors fell off.

To prevent it from happening: just put some hot glue or even epoxy glue under and around the connector.

If it already happened, anyone with some basic soldering skills should be able to fix it. If you are not comfortable with a soldering iron, find a friend or shop to do it for you.

2788  Bitcoin / Mining speculation / Re: New more accurate network hashrate forecasts on: October 10, 2013, 09:08:52 AM
Organ, may I suggest an analysis that I personally would find more interesting?
Not sure how to put it, but giving us an idea of how accurate live updating difficulty predictions and hashrate estimates are.

For instance, right now, when I visit
http://dot-bit.org/tools/nextDifficulty.php

I see a projection of 235M, but its based on ~600 blocks. What is the spread on that ?

Or put another way, I would like to see something similar as dot bit, but guessing *current* network hashrate and next difficulty adjustment with 50 and 95% confidence intervals.

This would have to be live updating to be really interesting tough.
2789  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: October 10, 2013, 08:44:50 AM
>But the downside is that its way more expensive to produce as traditional asics per unit.

How much more expensive ?

No one will tell you without signing an NDA. This may give an indication though:



Thats for an older nextreme process, but the same principles apply.  NOw you have to realize the variable production cost for a traditional asic is extremely low. Think $30 for hashfasts chip, so even if nextreme3 is say 10x more expensive per chip at relatively low volumes, thats still a good deal for now. But it wont be in a year.

Quote
What is the expected performance advantage of full-scale 28 nm ASICs? (with multiple masks, using traditional process)

As above, without signing an NDA, I doubt easic will tell you. Im guessing on the order of a factor 2x or so.
2790  Other / Archival / Re: [OFFICIAL LAUNCH]: Introducing Infinity Miners 900GH/S, 1200GH/S and 2400GH/S on: October 10, 2013, 08:34:23 AM
Yes we have enough chips for around 450 orders but we will do batch shipment. That is why we plan to ship in Jan. one batch will be of at least 50 orders.

So you have chips on the shelves doing nothing for months while they will depreciate something like 80% during that time and while they could be earning you many thousands of bitcoins ?
Right.

Why dont you point them to a pool and publish the link so we can see them in action?
2791  Other / Archival / Re: [OFFICIAL LAUNCH]: Introducing Infinity Miners 900GH/S, 1200GH/S and 2400GH/S on: October 10, 2013, 08:11:09 AM
How can you have a working prototype now, yet not be able to ship before January? Working prototype means you have done at least one production run; you should have several thousand chips.
Looks and sounds fishy to me.
2792  Bitcoin / Hardware / Re: [Announcement] BTCGARDEN`s first generation ASIC blade/chips on: October 10, 2013, 07:26:57 AM
Just a hint: why dont you reshoot some photos so that they are not blurry and out of focus? Takes like 2 minutes and doesnt look so amateurish.
2793  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: October 10, 2013, 07:18:25 AM
kingcrimson:
I hope to see first mines (ASIC-powered ActM computers) by Q1-2014.

How much TH/s ? Who knows ? I know they should be powerful enough to compete and take a good chunk of the market. (over 10%)

Bitcoin market = 1.3 million BTC per year. x $120 = $156,000,000. So over $15 M is expected revenue and at least $2.5 M profit next year (assuming Bitcoin price stays flat, which I believe will keep rising).

This is my personal expectation from ActM. We'll see how it plays in reality.

10% is probably way too optimistic. ActiveMining is using a structured asic, The upside of this approach is low NRE, short time to market and relatively low risk of it not working. But the downside is that its way more expensive to produce as traditional asics per unit. Depending how much Ken invested (which I think was dependent on presales which dont appear to be stellar), 10% or even more might be attainable shortly after launch, but it will be impossible to maintain a year from here.
2794  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: October 10, 2013, 07:10:46 AM
This is slowly turning in to a trainwreck.

September came and went, we are almost halfway october, most customers still seem to be waiting. Hosted miners were reportedly running at only a tiny fraction of their hashrate, and are not running at all now. Alarming levels of DOA. One customer had 5 out of his 6 jupiters catch fire (!).  Software and firmware clearly not ready for primetime.

I really enjoyed following orama's "behind the scene's" reporting (seriously, they should have made a full length documentary, I would have paid for watching it),  I wont fault KnC for lack of trying, and of course, we have seen much worse execution, but I think we can safely say KnC's schedule was once again way too optimistic and they started shipping too soon. These problems could have been avoided.  

Not sure how or when this one will end, but Im already looking forward to seeing the next trainwreck unfold with hashfast.
2795  Bitcoin / Mining speculation / Re: Next difficulty ~215,000,000 ? on: October 10, 2013, 06:24:06 AM
http://bitcoindifficulty.com/

Current difficulty: 189,281,249
Next difficulty (estimate): 223,259,328

Sorry guys, but im not really good with maths. How come the difficulty swing so much up and down. I understand some people stop their mining at night and so on but this huge swing?

You can not measure the hashrate. All you can measure is how long it takes to find blocks, and from that estimate the hashrate (and future difficulty). Blocks finding is heavily subjected to luck, so you need a lot of blocks to get a reasonable estimate. Just have a look at these charts to get an idea:
http://bitcoin.sipa.be/
2796  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: October 09, 2013, 10:37:08 PM
I do not think the capacitors are bad, I am almost certain that they are not being placed correctly.

The pic that I linked in my last post shows the cap in question being skewed. Mine also was similar, but not quite as much as the one in the link.

Im pretty sure that apparent angle is a result of the fire/explosion, no?
2797  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: October 09, 2013, 09:20:40 PM
in fact we had 4 fires/burnt caps so far

2 x 0.92
1 x 0.93
1 x 0.94 (this one today at the datacenter of anotherhosting.se)

4? Ouch! Out of how many?
Either way, guess we now know why they are only tested for 30 seconds. Probably with a fire extinguisher at hand.

Seriously though, thats not good, at all.
2798  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: October 09, 2013, 05:25:44 PM
That said. It took a week longer to tape out than we had hoped. (This kind of thing happens a lot in the world of asics.) So yes: we'd hoped to have silicon out of fab in mid October, and now it's looking like late October.
..
 Best case scenario is five days from wafers-out-of-fab to boot up of the first Baby Jet.

IOW, even in the best case scenario,  "october" shipments almost certainly wont happen before november.
But everything is on track Smiley.
2799  Economy / Securities / Re: [LABCOIN] IPO [BTCT.CO] - Details/FAQ and Discussion (ASIC dev/sales/mining) on: October 09, 2013, 05:19:30 PM
Are we getting listed on Bitfunder or Havelock?

Neither. You may get listed in the top 10 bitcoin scam list though
2800  Bitcoin / Mining speculation / Re: Today, ROI is an unobtainable myth... on: October 09, 2013, 04:44:48 PM
So:

With 0 cost of electricity.

Is there any machine that I can order now and get positive ROI when I get it and run for it's lifespan?

Sure, If the machine is able to run for a few hundred years or so.

Electricity cost is still negligible today when compared to writing off the (28nm) hardware. One day, electricity will become the sole real limit on network hashrate, but by that time your miner will be earning at most 1% of what it would earn today, and possibly as little as 0.1% if there are many miners with "free" electricity.  That makes break even calculations pretty pointless.
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