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4381  Alternate cryptocurrencies / Altcoin Discussion / Re: Ixcoin TODO on: September 22, 2013, 05:09:31 AM
Try reading before responding.   I say there is no chance of a IxCoin ETF and you try to wow me with your brilliance on how Bitcoin will have an ETF.   At one time you also believed any and all alt-coins would explode in value when Bitcoin went up.  How did that work out.
4382  Alternate cryptocurrencies / Altcoin Discussion / Re: Ixcoin TODO on: September 22, 2013, 04:14:48 AM
How much is a conservative figure for transactions fees?  So if one own says 100,000 ixCoins then you'd be entitled to some fee per coin every time there's a transaction?

How does that work and how much can someone expect?  Is it like 1 penny per coin? I realize this would only happen if ixCoins takes off, which it has never done.

Exactly zero.  Fees + block subsidy = miners reward.  If you have 1% of the hashpower, you will solve 1% of the blocks and 1% of the reward.

Ok, so what exactly how much would the reward be for 1%?  I'm trying to see if people will even have the incentive to mine ixCoin in 2015.

~0

There is no block explorer so I don't care enough to look backwards manually but the last 100 blocks combined had less than 1 IXC in fees.  So 1% of that would be 0.01 IXC.  Then again that is the point.  Nobody cares.  Nobody is building servies, nobody is building products, nobody is building tools. 

For example with Bitcoin anyone can lookup tx fees by just going to a url:
http://blockchain.info/charts/transaction-fees-usd?showDataPoints=false&timespan=&show_header=true&daysAverageString=7&scale=1&address=


Well, that's really bad news.  I see no reason anyone would mine ixCoin in 2015.  So then I'm stuck hoping an ETF 2.0 will become a reality and it will include ixCoin, either in a basket of alt coins or by itself.

There is a zero chance of that happening, about as much chance as a Bitcoin ETF in 2009.
4383  Bitcoin / Hardware / Re: HashFast launches sales of the Baby Jet on: September 22, 2013, 02:35:53 AM
However, it then raises the question of why the render shows the radiators mounted in the front.
Who says they're at the front? Other than thats where the rack ears are mounted it looks like could go either way.  In a lot of facilities its now preferable to have all the cabling on one side in any case.

Well that is possible although unless they are using some custom 1U reverse flow PSU, the PSU would still have the airflow in the wrong direction.   Just about any case can be installed in either direction but finding a PSU which intakes out the "back" is going to be tough.  Also the design really wouldn't make sense reversed.  You would have no intake fans and all 11 fans AFTER the obstruction of the boards.  Anything is possibly but occam's razoe an all that.

For those wondering what the hell we are talking about here is a mockup of the server.




Note I have no idea what the final unit will look like but looking at the photo "as is" the most plausible scenario is that the edge with the rack ears is the "front", airflow is front to back (in photo above it would be bottom to top) and goes:

font edge (cool aisle) -> 4 pusher fans -> radiator -> 4 puller fans -> 3 midplane fans ->  3 modules  on left + PSU on right -> back edge (hot aisle)



Maybe the description is right but the mockup doesn't match the description.  For the record I really doubt HF had either the case or power supply custom fabricated.  My guess is it is an OEM 2U "deep" (~30" comparing length to board) case and PSU.
4384  Bitcoin / Hardware / Re: HashFast launches sales of the Baby Jet on: September 22, 2013, 01:58:28 AM
I don't think it is two radiators

It is row of pusher 4 fans  ---> radiator ---> row of 4 puller fans.  Now at this point air pressure is going to be no existent so there are an additional 3 booster fans to increase air velocity over the boards.

Only 1 radiator and 3 rows of fans.   Then again we are looking at a crude schematic so who knows.  It would be good for HF to clarify the intended design.
4385  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: September 22, 2013, 01:56:00 AM
As someone that's ordered a batch 1 babyjet, this price drop seems like a huge blow to initial customers that believed in Hashfast.  The Sierra is offering 3x the hashrate for almost the same price.  I know there is going to be the MPP, but at this point, one can just get 3x the hashrate only a month later than the first batch.

Well a month later is a big deal.  Expect prices from all vendors to keep falling though. 
4386  Bitcoin / Hardware / Re: HashFast launches sales of the Baby Jet on: September 22, 2013, 01:44:57 AM
Also, the description claims a back mounted radiator but the render shows them as front mounted (drenching the modules in hot air).  Any clarification from Hashfast as to why the render doesn't match the description, or more importantly, which orientation is the intended design?

Not speaking for hashfast but for rackmount servers airflow always has to be front to back without exception.  A datacenter is going to use hot and cold aisles and they aren't going to reverse the flow on an entire row of racks (up to 400 servers) to accommodate a special request.

So either HF would need to put the modules up front or the airflow will be radiator first.  My guess is they have no choice but to have radiator up front because 2U is only 3.5" high that probably means the radiator is no more than ~3" tall.   A 19" case is ~17.5 wide but putting it in the back means losing 4" of width to the PSU.  Not sure a 13" by 3" radiator is up to the task of dumping 750W. 

Still your right the photo seems to directly contradict the description.
4387  Alternate cryptocurrencies / Altcoin Discussion / Re: Ixcoin TODO on: September 22, 2013, 01:17:37 AM
How much is a conservative figure for transactions fees?  So if one own says 100,000 ixCoins then you'd be entitled to some fee per coin every time there's a transaction?

How does that work and how much can someone expect?  Is it like 1 penny per coin? I realize this would only happen if ixCoins takes off, which it has never done.

Exactly zero.  Fees + block subsidy = miners reward.  If you have 1% of the hashpower, you will solve 1% of the blocks and 1% of the reward.

Ok, so what exactly how much would the reward be for 1%?  I'm trying to see if people will even have the incentive to mine ixCoin in 2015.

~0

There is no block explorer so I don't care enough to look backwards manually but the last 100 blocks combined had less than 1 IXC in fees.  So 1% of that would be 0.01 IXC.  Then again that is the point.  Nobody cares.  Nobody is building servies, nobody is building products, nobody is building tools. 

For example with Bitcoin anyone can lookup tx fees by just going to a url:
http://blockchain.info/charts/transaction-fees-usd?showDataPoints=false&timespan=&show_header=true&daysAverageString=7&scale=1&address=
4388  Alternate cryptocurrencies / Altcoin Discussion / Re: Ixcoin TODO on: September 21, 2013, 09:33:33 PM
How much is a conservative figure for transactions fees?  So if one own says 100,000 ixCoins then you'd be entitled to some fee per coin every time there's a transaction?

How does that work and how much can someone expect?  Is it like 1 penny per coin? I realize this would only happen if ixCoins takes off, which it has never done.

Exactly zero.  Fees + block subsidy = miners reward.  If you have 1% of the hashpower, you will solve 1% of the blocks and 1% of the reward.
4389  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: September 21, 2013, 09:09:55 PM
Quote
Overall, our chip most closely resembles a modern "hot CPU" design (Intel Sandy Bridge E, AMD FX-9, SPARC T4, etc.). The package is a BGA, 45mm x 45mm external dimensions. The total die area is approximately 324mm^2. The die is split in 4 - i.e. under the metal lid there are 4 dies in a square arrangement, each approx 9mm x 9mm with 5mm gap in between each one (for better heat dissipation and spreading).

Thanks for the update and I am glad you confirmed this detail.  The entire package is 45mm by 45mm, is the lid smaller?   If so can you provide the lid dimensions?  
If lid occupies entire chip size that would be a surface area of 20.25 cm and a heat flux of 12.3 W/cm^2.

For those wondering what I mean.  Two example chip packages, pretend each is 45mm x 45mm.  The surface area of the lid for the  chip on the right is significantly larger.


Quote
One highly relevant feature regarding power use is that the GN chip incorporates on-die temperature sensors and a control system designed to adjust voltage and clock speed to the capacity of the cooling system.  Thus if the cooling system can dissipate a greater amount of heat, the software can "overclock" the chip to fit it's power usage to the heat dissipation capacity, and produce greater hashing capacity.

Similarly, the chip will "underclock" itself in response to external circumstances that reduce the available heat dissipation capacity (say, a very hot day, a failure in the cooling system, a blocked air vent...).  The overall design intent is for the chip to always operate at the maximum possible hashrate dictated by the circumstances.

Good to hear.  What is the operating temp the software targets? 60C?


Quote
Finally, one recent piece of news is that we have received results for the stage-III thermal test (full physical prototype) from our cooling system partner.  

Glad to hear that.  Care to share any details on radiator size?  Will all fittings be PC water cooling standard (G/14 threads, 3/8 or 1/2 ID barbs/compression fittings) to make upgrading radiator and other components possible with off the shelf components.

Quote
At the nominal operating point (400Gh/s) the best silicon will consume ~250W according to our simulations. There is some variation in silicon however, so some silicon will consume a few % more. This power level is at the chip only. The system has 2 power conversion stages between the wall plug and the chip - first an ATX power supply that outputs 12v. This supply is about 88% efficient. Then there is a second supply stage on the module board the chip is mounted on. This second supply stage converts the 12v down to approximately 0.7-0.8v that the chip runs at. The combination of the losses in both PSU stages and the additional consumption from the pump, fans, controller etc account for the difference between the 250W at the chip and about 350W at the wall.

Thank you.  So I see it something like this.

Chip power: 250W  (~333A @ 0.75VDC)
Board power:  284W (~24A @ 12VDC)
System DC power: 315W (~@27@ 12VDC 284W board + 31W for controller, fans, pump, etc)
System AC power:  350W  (~3A @ 120VAC assumes 90% ATX PSU efficiency)


Quote
The module board is ~4" wide and approx 10" long (may end up a little longer, up to 12" - we are still configuring the power connectors). Here is a draft layout - note this is not final and is subject to change. Dimensions in mm.

Thanks.  Eyeballing the diagram I assume the case is 2U high.  That would make the fans 80mm.  If diagram is to scale that puts the FET heat sinks @ ~60mm (+/-10%).  Are FET heatsinks removable (out of warranty of course).  The heat flux should be < 1 W/cm^2 which is trivial in immersion cooling.  The "shorter" the board height the closer they can be spaced and the less very expensive Fluorinert I need to buy. Smiley  Also some users may wish to replace them with water blocks.

Quote
Note - this design is not final, and is subject to change.
 Of course and understood.

Quote
Yes - we plan to add complete module boards to our website shortly. These can be directly controlled via either a serial port, or USB. We will be open sourcing the drivers in CGMiner.

Excellent.  Thank you for all the info/details.  Keep it coming.  
4390  Bitcoin / Bitcoin Wallet for Android / Re: please restrict "changeback" amount on: September 21, 2013, 06:28:36 PM
If there's a network outage then it won't know the broadcast happened successfully, but when you reconnect it'll do a Bloom filtered mempool query and find the transactions at that point, so it's not a big deal. You can just press "back" and it'll figure things out eventually.

When you say 'reconnect' does this involve the client actually knowing that the network dropped first?  So if the inv packets from peers were simply dropped by the network, would you not just sit in the 'waiting for transaction to be sent' state?

Your node (QT client) will periodically rebroadcast tx it has sent which remain unconfirmed.  It will continue to rebroadcast forever until either the unconfirmed tx is removed from the wallet (using a third party tool like pywallet) or it is eventually included in a block.
4391  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: September 18, 2013, 04:23:58 AM
Heres my question for you and anyone else that knows a good bit about chips.  Will having the competitors' 28 nm chips help friedcat (or any person) develop his own 28 nm more quickly? 

Simple answer no.  Reversing engineering microprocessors can be done in theory.  It has been done in the past, multiple companies built unlicensed x86 processors until Intel killed them in court.  There is no reason to even try in this case; the knowledge of SHA-2 operations is public available you can design your own 28nm chip faster and cheaper than trying to reverse engineer someone else's design.
4392  Bitcoin / Hardware / Re: CoinTerra announces <$3/GH January pricing and new product availability on: September 17, 2013, 09:09:19 PM
I hope you factored in hosting/electricity in your calculations
http://bitcoinasichosting.com/pricing/
Quote
CoinTerra  TerraMiner II – $207.00 per month
CoinTerra  TerraMiner IV – $414.00 per month
Well, not everyone pays the same thing for electricity but I have access to cheap power.  Those prices are particularly exorbitant btw, by my math a TerraMiner IV would only cost $173 a month even at full electricity prices where I live and I'm probably going to be paying less than that.

To be honest I'm more concerned with how I'm going to power all my mining units at this point since this is going to strain the electrical systems.  Luckily these are coming in the wintertime too, so I'll have some time to work out the cooling system before summer comes.  

Remember to add AC wattage if it is applicable.  How much depends on efficiency of cooling system but generally 50% to 100% more (1.5 to 2.0 PUE) would be common.

As for straining the electrical system I would recommend installing dedicated outlets.  In the US you want NEMA L6-30R connected to a dedicated 30A breaker.  Thats a 30A 240V outlet which uses a locking connector.  You can then buy a cheap used PDU (power strip for server rack) with 12 outlets and have the ability to power up to 5760W (240 * 30 * 80%) worth of mining gear safely and securely.
4393  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 17, 2013, 08:13:53 PM
Sure, but thats easy to say after the facts. You can dismiss BFL track record all you want, fact is no one so far has managed to deploy, let alone ship a bitcoin miner in anything remotely close to 2 weeks after receiving first silicon (heck, I cant think of ANY consumer computing device); and I will be quite surprised if anyone will.

I am pretty sure if was 2-3 weeks from the time Bitfury resellers received chips to the time the first orders went out.  Note Bitfury sold no boards to the public all miners sold to the public came from one of three partners/distributors who bought chips wholesale and did their own assembly, and delivery.  Essentially acting as OEMs much like how AMD doesn't sell any graphics cards to the public.

So yes 2 weeks is aggressive but reality is closer to 2 weeks then the 6+ months nonsense that BFL has used as an excuse.
4394  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 17, 2013, 08:11:33 PM
i wonder how come it is just me who thinks with all the other companies shipping in the coming months the increase in diff will jump higher then 75%/months thus making all our orders, well.. useless..
This is not another diff/return post, but honestly we just reached 1PH the other day...Cointerra Expects to Deliver 2 PH/s in December which is ... emm 200% increase of today's diff + all the other manufacturers who of course might add another 2-4PH. Translated that would mean that the leveling of the difficulty will hit somewhere around February if we are lucky, and by that time your asic is only doing scraps.

Again i`m not looking for calculations, but maybe i`m missing something, or have i?

https://bitcointalk.org/index.php?topic=283820.0

I would say 6 PH/s by end of 2013 to be VERY conservative at this point and we probably are looking at 10 to 15 PH/s by end of Q1 2014.  Beyond that it really is hard to say but honestly you should be considering this to be the bare minimum network speed and if it comes up short take any reduction in difficulty as a gift.
4395  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: September 17, 2013, 05:59:35 PM
HashFast,

Some questions:

Can you provide the dimensions of the package (important as I am looking into immersion cooling so critical heat flux is important)?
Can you clarify that the nominal wattage of the chip itself is ~250W and the wattage of the system at the wall is ~350W?  Both numbers have been used but it isn't exactly clear what they represent.
Can you provide the dimensions of the ASIC board?  Estimate is fine.  Can you also provide an estimate of the height of the tallest board component (excluding waterblock)?
Can the controller handle more than 1 hashing board?  If so is there an upper limit?  4 boards? 10 boards? 50 boards? 
Will you consider selling just ASIC boards instead of complete systems?

A bump for HF in case they missed it.
4396  Other / Beginners & Help / Re: What will happen when all the bitcoins are mined? on: September 17, 2013, 05:54:25 PM
OK, I guess I understand where I made a mistake: I thought that blocks are bitcoins and did not know that blocks can have transactions information only and no bitcoins.

To be a little more clear bitcoins aren't in blocks directly;  blocks contain transactions.  One type of transaction is one that pays the block reward (subsidy + fees) to miners.  It is called the coinbase transaction.  There will always be a coinbase tx.  Today the coinbase for a random block might be 25.2 BTC consisting of 25 BTC subsidy + 0.2 BTC in fees.  In the future the subsidy portion will decline but every block will always have a coinbase tx.  A block must have one and only one coinbase tx but may thousands of other transactions as well.
4397  Bitcoin / Development & Technical Discussion / Re: Are Transaction IDs unpredictable? on: September 17, 2013, 05:50:29 PM
As others have pointed out each tx hash is random however an atacker can generate as many as he wants and only broadcast the ones he wants to.

Compare that to a dice roll is random but allowing a gambler to roll as many times as he wants and then pick the dice roll would not be a good idea.
4398  Bitcoin / Hardware / Re: Avalon ASIC users thread on: September 17, 2013, 05:49:08 PM
Guys, my batch3 3 module unit has two 12V EPS connectors on PDU. Do I have to connect them both?
Thanks


Can you take a photo?  How many PCIe connectors does it have?
4399  Other / Beginners & Help / Re: glitch to earn alot of coins on: September 17, 2013, 04:31:45 PM
Nobody be fooled.  The link is an affiliate link.  OP wins when you lose.  You lose because no glitch exists.
4400  Alternate cryptocurrencies / Altcoin Discussion / Re: If Bitcoin is the Gold and Litecoin is the Silver then what will the Bronze be? on: September 17, 2013, 04:29:11 PM
Bitcoin is gold, silver, and bronze.

Something is either radically superior and replaces Bitcoin completely or it targets a niche where Bitcoin is less than optimal and coexists.  The silver to gold analogy is just wishful thinking.

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