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International shipping is still being worked on, disregard all the numbers currently.
For now we are focusing the test on User Experience. this includes graphics user interface, search, categories, photos, product description and sorts, in addition to gather some stats on the site in general, keep them bug reports coming guys! bonus for screenshots.
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Ah, gotcha. You're just making things up, like that 7x performance increase and the 2 months prior shipping date. I guess the reality is Avalon is faster and will ship sooner. Thanks for clearing that up. This statement is not false, 66Gh/s > 60Gh/s
No, AVALON is 400w at 60 GH/s. Ours is 60w... now, what is 400/60? Tell everyone, please.
BFL is scheduled to ship end of November, Avalon, sometime in January. How many days are between December 1st and January 31st? Tell everyone please?
Now, with your answer, how many days are in a month? Divide that by the answer you got above. Tell everyone, please?
Are you really so stupid that you need me to hand hold you through basic math? I had given you more credit, but I see that credit was misplaced.
This statement is false, 66Gh/s != 60Gh/s, In addition Avalon is scheduled to ship all their units out before Jan 31st. |
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Avalon is 66Gh/s at $1,299, currently topping out at 400Ws. the reason is we are still finding the good balance between power consumption and speed. which means speed can still go up and power can still go down.
Here are my estimation on the competition's power consumption based on simulation using tools we have at Avalon - do make yourself clear of this fact.
With that said,
from the look of things and information released by Tom, they will be running 100W per module, each module at 27Gh/s, their 54Gh/s rig will be around ~200Ws. ( Yes, I also believe 300 is too high. )
BFL, I expect to reach ~1.5W or more per Gh/s with their 65nm chip. whether they can power their 8 slot board at 7.5Gh/s/7.5W chips each to met their announced specs is a totally another story.
p.s.
been a long time reader of your blog, keep up the good work, some donation has been sent your way.
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What gives you the impression ASIC will not be mass produced?
In addition, Avalon will be the only company so far to have an option to purchase ASIC chips directly from us if you wish to design your own PCB and controller. the details will be revealed in a later time.
(disclaimer: The following message express the opinion of Yifu G. and Yifu alone. It does not reflect Avalon ASIC in any way or form.)
I personally got into the ASIC game in the first place for network contingency. Business and profits aside, I realized the community was practically beat in the head and robbed blind by the existing competition after I gotten our ASIC simulation results.
before Avalon announced our unit, the market looked like this, ~$1000 for 27Gh/s and ~$1300 for 40Gh/s
Avalon announcs their unit $1300 for 60Gh/s.
after Avalon announced their unit, the market looked like this within a week, ~$1000 for 54Gh/s(+200%) and ~$1300 for 60Gh/s(+150%)
It really makes me wonder what our competitors' profit margin was before, and what would have happened if Avalon decided against the ASIC project.
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I've sent emails but gotten no responses, does anyone know what we're supposed to do if we presently own Icarus but still want to reserve ASICs? Thanks.
I've not gotten your email, be sure to send it to support@avalon-asic.com to ensure proper processing, or go on our support website http://support.avalon-asic.com directly to open a ticket in the future. To answer your question, we will open the orders for trade-in customers later this month. |
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For Russia DHL is absolutely unacceptable.
1. DHL doesn't deliver the goods to Russia for individuals. The exception is made for some online shops which have the direct contract relations with DHL.
2. For DHL of 30% duty is raised, if cost (including delivery cost) of the goods exceeds 200 euro/month. For EMS this threshold is 1000 euro/month (tax = 0.3 * (cost - threshold)).
3. Procedure of customs cleaning is more difficult for DHL and offen demands services of the customs broker. In case of EMS customs cleaning is strongly simplified.
I understand that EMS can deliver the goods not so quickly, but DHL this bigger evil for Russia.
Please take in account that info, when you will be shipping in Russia.
Thank you for bring this to our attention, for now all orders are defaulted to DHL which has the fastest average shipping time to ensure timely delivery. We of course, will also listen to customers who wishes to use EMS instead due to various reasons, not to mention it is in fact cheaper for us to ship via EMS. |
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update.
Shipping. We at Avalon understands the some what unreliableness of EMS in certain countries, to address this issue, all existing and future orders will be shipped out via DHL at no additional charge. This will ensure timely delivery of our products.
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Most pool can queried for 120 getworks at a time, noticeably the ecoinpool variant. With other new systems like Stratum with aims to solve any other potential problem and future proofing the network.
In addition, like I have previously stated, Avalon will be releasing our image.iso for the controller sometime in December this will include documentation on how our ASIC will communicate with mining softwares and pools. we will also be providing patches to opensource miners like CGminer.
With that said, we are aware of this bandwidth concern and do not deem it to be a problem at the moment.
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Forgive me if I am mistaken, but aren't you scheduled to ship in January? Assuming Tom is on time (and there's no reason to think he isn't) between Tom and BFL, yes I expect 150 TH to be shipped by the end of January. If you're shipping in December, then I retract my statement. We should have our entire pre-order backlog cleared in January, assuming all goes according to plan.
As far as the "barely any profit" per month goes, that only applies to devices with GH/w ratios. The more efficient devices should remain profitable for a very long time.
Sounds good. |
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The difficulty will be 10x within four weeks of the first ASICs that start shipping, be it BFL or Tom's offering. After a month, most of the back orders of both companies will be well into consumers hands and the difficulty will rise. 6 months? It will be a lot more than 10x by then.
How is this any different then? Avalon will be also shipping around that time, and we are bound to finish shipping before you simply due to our much lower volume, are you saying you(BFL) and Tom will ship 150+TH before we ship any of our Avalon units out? then I suppose I do not want to compare my oranges to your imaginary apples. Either way, I'll be providing a ASIC web based comparison tool within the week and people will decide for themselves. |
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With such high power usage, it seems you'd need to at least double the hash rate to be competitive from a pricing standpoint.
Run the numbers then speak to me again. When designing your hardware, please don't assume that only people who can get power for <= $0.10 would like to "mine for profit". Power usage is a significant concern if your competitors are offering 60GH/s @ 60W. That's not what I said, nor what we at Avalon did. I made a statement on long term mining as an investment, stating if you can not get access to cheap power, do not go into mining. this would be true only in the case that the difficulty will remain unchanged for 5 months, and you know that it will not  real ROI will be, at best, somewhere at 8 months. 8 month based on what? I would much prefer if you have some numbers to back this claim up. In addition, in case you missed my point. These numbers are made based on the assumption ASIC miners are mining at this 6x or 10x difficulty from day one, this will not happen at all. This is similar to saying the difficulty will raise 6x or 10x before any ASICs are delivered. which as you know, clearly is not the case. In fact, by stating this 10x estimate, I am saying I predict within 6 month, the network speed will go up 10x, even when by the time all the ASICs become online, and difficulty goes up your ROI to start mining at 6 month later will be 156 days I gave out, which only means one thing, that your ROI will definitely be much less. I have already gave a really conservative estimate on ROI, unless anybody can show me some other numbers that reach your conclusion of how Power Consumption matters a lot in ROI, I would be much appreciated if people do not speak with such prejudice about power consumption and spread FUD in this thread. Thank you. Good news! Do you have any idea when the non-preorder, retail ordering will start?
Very soon now, we still have more exciting news to release, and after we tackle a potential shipping delay around Chinese New Year. Once we mitigated this issue we can offer a better picture on when these will ship out. Unlike our competition, we will release much smaller batches every week or so, and they will ship out within the week. Meaning our customers will always receive their product quickly as possible and we do not get stuck with back orders which we have to fill. |
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What do you think about this?
Especially as regards the European market, with electricity costs between $ 0.10-0.30/kwh
strictly speaking on power being the only variable I wouldn't even suggest to "mine-for-profit" basis with power rates higher than $0.10 ( and you are unable to get write offs or reductions. ) The real factor in the transition period of ASIC units will ultimately be delivery time, when difficulty is lower and the ROI is much higher. Let's take this conservative example. using http://bitcoinx.com/profit/index.php6 times the current difficulty $.25 power cost. 400W 60GH/s your break even time is 81 days, thats little over 2 month, of course assuming you can only maintain this ROI rate for 12 days or so, you would have effectively made 15% of your invest back. with the current trend of everybody pushing their shipping date back I feel everybody has over estimated how quickly the difficulty will rise. Let's assume Tom sold 1000 units, that's give or take 50TH/s, Avalon only selling 300 units first batch, ~20TH. BFL sells a crazy estimate of 2000 units, 120TH. that barely adds up to 200THash, which is about 10 times the current network rate, and if difficulty goes up by a factor of ten using the same formula above. your ROI is 156 days. honestly, it isn't that bad. disclaimer: Avalon nor Yifu will be responsible for information provided here based an educated guess of future Bitcoin mining difficulty. |
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reserved. Updating as promised, Let's be frank. We ran into a potential delay of 4-7 days.What does this mean? We when taped out the chips to TSMC we had a "projected out date" of Jan 3, 2013 which is on schedule with our late dec. / early jan. demonstration dates. Now however after this week's website update our "projected out date" has changed to Jan 7th, 2013 and "committed date" has been revealed to be Jan 10th, 2013. TSMC did not give us a reason for this, but as a small customer you are really at the mercy of bigger customers running higher priority lots. e.g. "super hot lot" The "committed date" is the promised date of delivery, it is very unusual for TSMC to break their "committed date", so we expect our chips to ship on or before Jan 10th, 2013. Another potential problem is Customs clearing, the packaging company Fujitsu is located in Shanghai's Export Processing Zone (EPZ), while the packaging itself will not see delays, it may take an additional 2-3 days to clear Customs. To make up for this, if it occurs, we will be flying down to Shanghai to the demonstration in the EPZ instead of waiting for the shipping to the factory for assembly. With all this happening, it has burned through the 1 week additional leeway time we originally left out. I must say it will be difficulty for us to ship on Jan 14th, we however expect to ship around Jan 18 ~ 20.
Since some people were wondering how many chips are on a wafer earlier in the thread after we posted the MT forms I'll tell you, each wafer contains 4055 chips. TSMC
TMEM91
================================================
Chip Size : X = 3.9760 ,Y = 4.0560 mm
Reticle Size : X/cell = 3 ,Y/cell = 3
Offset Value : X = -3.7668 ,Y = -2.2990 mm
Alignment Mark : (118.80,83.20),(-118.80,-83.20)
Alignment Mark Tolerant Distance : 1.6 mm
Notch Reserved Distance : 7.75 mm
Start Distance : 7.75 mm
Ring Edge : 3.0 mm
Photo Die Number: 4055 and this is the chip layout.  |
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the purpose of this thread is to provide transparency and keep our existing and potential customers up-to-date whilst we work out some unforeseen website integration issues.
Hello everyone, my name is Yifu. Despise my fairly-lengthy involvement with Bitcoin, most of you do not know me. Rest assured however, I am no stranger to many in the Bitcoin community that is currently building/have built exciting business and/or systems. I must confess it has been my intention to stay away from the forums from the start as I enjoy being in the state of "doing" rather than in the acts of "blowing hot air". Alas, I do what I must. I decided to look into ASICs awhile back because a simple and powerful reason: the lack of competition in Bitcoin mining dedicated hardware. Utilizing my well-traveled history, being multilingual and various skill sets is how I got involved with Avalon. Anyways, enough about me. Let's get to the good stuff. before I begin you may wish to catch up on previous newsletters and a reddit AMA I conducted a few weeks ago. Avalon launched with a challenge to our competitors: a over 50% dollar per GHash gain. Our competitors since then has also increased their specifications in order to stay competitive. Deviated from their original plan the competition managed to even the playing field, yet we simply proceeded with our original design goals and have reached 64Gh/s, and now 66Gh/s! Once again taking the lead in $/Ghash. While the competition promised early delivery dates but kept pushing them back. Avalon instead gave an very conservative estimate but now is scheduled to ship even earlier at Jan. 20th 2013.Specification. Chip Specification
Technology Summary:
TSMC 0.11- micron G process
5 Metal
Core Voltage: 1.2 V
I/O Voltage: 3.3 V
Core Frequency: 256+ MHz
Number of Pads: 48
8 Data
40+1 Power
Package Type: QFN48 -0.5 Pitch
Packaged Chip Size: 7 mm x 7 mm
Chip Interface
Data Pins (8 in total):
Clock i
Serial Data In [2] i
Serial Data Out [2] o
Serial Data Bypass [2] o
Reserved [1] - Avalon since inception has been designed to be an stand-alone unit, embed Linux openWRT equipped with WIFI capabilities and an Ethernet Port, while the competition is designed to operated over USB, depended on the need of a host computer. Continuing our trend, we have narrowed down our power estimates from 600W to 400W and this number is guaranteed to decrease further. Did I mention our power supply is a standard ATX? The true genius of Avalon lies within its modular design. need a better PSU? No problem! Install your own. In fact, it is within our schedule to release the controller ( openWRT ) image.iso before the end of the year to give eager developers a head start to spin your own custom mining setups. Embrace open source! Trade-Ins. Avalon believes in continuing the trust that have build up with our old customers. Reinstating our policy of $300 per Icarus, $400 per Lancelot, limited one FPGA trade-in per ASIC unit. The trade-in program will continue to be available and will apply to 1st-gen Avalons when the time comes. Stress Testing. Avalon will not be testing these ASICs on the Bitcoin network period, whether it being the main-net, test-net, or even test-net-in-a-box. Why is that you may ask? We will be testing these ASICs to do what exactly they are designed for, that is computing double-SHA256 hashes. this algorithm is not bitcoin exclusive at all. It is just so happens to be the block hashing algorithm, thus it would be silly to even set up a mining pool or use the bitcoin network in and form or way. We will be testing using our own custom software written to stress test our chips. Shipping We at Avalon understands the some what unreliableness of EMS in certain countries, to address this issue, all existing and future orders will have the choice to be shipped out via DHL at no additional charge. This will ensure timely delivery of our products. Inventory. Avalon learned from the mistake of our competitors and since conception has decided to release small order batches of 300 ( a number solely based on our estimated capacity) and only when a batch is close to finished, we will begin the sales of the next batch. When a new batch is announced, there will be another thread. In short, any units ordered so far, until further notice is part of batch #1, which is currently scheduled to ship at Jan 14th. In addition, as people fail to follow up with their orders, there are still some units left in the store, so if you missed your chance originally, now it's the time. Facility Photos. Due to popular demand by the community, We have uploaded our facility photos. The full res album is at http://imgur.com/a/KPBTl    Retail Pricing.$1,299? Yep, to stay with the spirit of the competition. $1,299 for 66Gh/s.
question, comments and grievances welcome.
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You did not. It will not be long. The site ran into some small integration problems that is currently being worked on. If anything though, the new thread will be up before Wednesday 10/24/2012 ends. |
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Avalon has stated they are aiming for 130nm to 110nm.
Avalon is TSMC 110nm G |
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