Has anyone had the opportunity to try this on one of Enerpoint's fpga units yet?
Enterpoint is still working on getting a basic bitstream working first. Only a few developers have boards at the moment. This will come later This miner is available now and will do over 1g/hash with this new TLM bitstream |
|
|
|
Yes and just to get back on topic here I think tricone-mining is brilliant and what E.T. did here is amazing This brings new life to FPGA miners. Our ModMiner Quad will now do over 1g/hash per unit and thats after the TLM commission. Well done.  |
|
|
|
I'm willing to bet 100 BTC that ASICs will be the first mining hardware to be rendered useless by Bitcoin developers.
1. The core bitcoin developer team would only change the protocol if the entire community deemed it necessary. 2. If ASIC is brought out in a way to appeal to the masses, I do not see this happening. I would be willing to take this bet any day of the week. No ASIC developer is going to want to destroy the hand that feeds them. Sometimes we are not able to decide the course of things, sometimes they just go a certain way and we have no control over it, sometimes the hand that feeds you gets bit regardless of how badly you dont want to destroy it. and if you think the Bitcoin core devs make any big decisions based on what the "community deems necessary" you are dreaming and its time to wake up. As far as the bet goes we need a date, which realistically this could happen in the next 1-2 years kind of long to make a bet dont you think? I would welcome ASICs to the Bitcoin mining world if I thought that someone who wasnt motivated by greed was going to release one any time soon. The thing with ASICs are this, realistically once you get passed the design and prototyping stage and you have something that works its very inexpensive to make these, we are talking about a couple dollars, a REALISTIC price for an ASIC chip - resale value is like $5-$10 Now lets just say that BFL's trade in program is completely legit, theres no small print.. if they are willing to give you a FULL refund value on a $600 item that has very little resale value for something that costs a few bucks to make. How much do you think they are going to be selling these ASICs for? The answer is simple there. Now what about wealthy private developers who have the money to design, prototype and manufacture their own ASICs? 51% of the Network could quite literally be purchased for probably less than what Gigavps's house is worth. We TRULY need an OpenASIC initiative, something real and competitive. Otherwise it has the potential to get way out of control. I dont mean to beat a dead horse here, I just want people to think before they sink everything into overpriced ASIC chips that have the potential to be rendered usesless later on down the line. ASICs can not adapt, we can change the software on our GPU/FPGA miners , but ASICs cannot, think about that before you spend a grand on something that cost a few bucks to make. |
|
|
|
I'm willing to bet 100 BTC that ASICs will be the first mining hardware to be rendered useless by Bitcoin developers.
LOL No I was thinking something like "Bitcoin difficulty will be over x by this date x"  lol ok ok Personally I would like to see a repeat of last summer, Lets hit $30 a coin just in time for something catastrophic to happen and knock it down to $2 |
|
|
|
|
I'm willing to bet 100 BTC that ASICs will be the first mining hardware to be rendered useless by Bitcoin developers.
|
|
|
|
with the TML bitstream, if i understand it all right, your 800 Mhash set up just passed 1040, even after his commission. interestingimes.
Correct |
|
|
|
A 12A regulator is enough power iff 265 MH/s is enough performance. What does this mean for the power requirement from the PSU? Feeding a quad board with 12V 4A seems to be alright for now, but if your bitstream is running on (and maxing out) 12A or 15A regulators this also changes the PSU and wiring requirement. People with existing clusters may have to buy new or more PSUs and possibly have to do some rewiring, especially if they have been using splitters. I am trying to prevent all this so any info is appreciated! Thanks! I am selling PSUs modified to turn on and off with the switch in the back and not needing to be plugged into a motherboard, they are perfect to run FPGAS, these will power up to 40 spartan6 lx150 chips for $30 http://www.btcfpga.com/index.php?route=product/product&product_id=51 |
|
|
|
|
are you guys refreshing the page everytime you want to check the time left?
It is necessary with Chrome and I'm guessing firefox and safari as well.
|
|
|
|
|
I have started a new religion where the world ends in 2 hours and 58 mins , anyone interested?
|
|
|
|
Not interested in those old work horses but I must say, very artsy pix of the 5970s, well done... what kind of camera is that?
lol, shoulda moved the thread instead of posting another one. Check for another thread by the same poster in the computer hardware section, and there is a whole discussion about it in there. Short answer: Canon 1Ds MkII. lol thanks, I like short answers |
|
|
|
|
Not interested in those old work horses but I must say, very artsy pix of the 5970s, well done... what kind of camera is that?
|
|
|
|
btw: yes I am messing with you (it is late for me been working since 6am)but I just have to point out that your explanation also supports the abuse of the Bitcoin network by ASICs that is the primary lesson I am trying to express here that I want anyone and everyone who reads this thread to take away with them. At the point we are with Bitcoin, with the emergence of ASIC based Bitcoin miners there is a HUGE opportunity available for those who are able and willing to ABUSE the Bitcoin network, and reap incredible profits doing so. This is a warning from one friend to another and if you take nothing else from my post tonight take this: We need a true "OpenASIC" type solution in order for ASIC based miners to be a healthy addition to the network and BFL is not the company to offer it. They are a for-profit Business and to expect them to be anything but that is insanity. If you really want to see ASIC be a part of the future of the Bitcoin network go invest in that solution, dont buy miners from any for-profit outfit such as BFL - because something like OpenASIC is really the only chance for this to work and be truly beneficial to the Bitcoin network and anyone who does not understand that does not understand the power and (ill use italics this time) the THREAT that ASIC based miners have the potential to pose. You guys are the best, have a great night . -Tom |
|
|
|
I already pointed out that BFL and other ASIC manufacturers are a potential competitor to what I am doing now, please read my second to last post and you will see it, this is not some sort of half-assed attempt to down play the competition. I can also point out to you that I own the domain name bitcoinasic.com and have just as much the resources and connections as any other player on this forum to develop and sell an ASIC based product. The truth is I am weary of BFL and others that have already begun to design and test ASIC based miners, these others I am not going to call by name but if you look around you can find them. I am not going to make any accusations here, but I propose a question to the community. BFL has announced an upcoming ASIC based miner they have also stated that we as miners should continue to buy BFL singles because they will take them as full value for trade ins for their future ASIC based devices. My question is this: how can BFL do this? How can their business model allow for them to pay back full price for their flagship product which has made 99% of that revenues income. How is that possible? How is it Not complete bullshit? Please I want to see who can answer this, and what they will say This is not the case. They're offering trade-in credit, not actual money. Think of it as similar to the difference between a gift card and cash. There are many ways in which this could be viable. As rjk pointed out, BFL could use the singles for another purpose. They could resell them on another market. They could resell them to Bitcoin miners at a discount. They could even just mine with them. Also consider the upsides of this scheme. Single purchasers who won't be getting theirs for another month or two would otherwise be furious. Mini rig purchasers certainly would. Most importantly, this will drive ASIC sales. More likely than not BFL will have a high profit margin on the ASIC, enough that even with a trade-in of one or two Singles per ASIC the sale would still be profitable. They will probably be the first selling Bitcoin specific ASICs, which means their profit margin is whatever they want it to be, within reason, of course. They will easily regain lost revenue with this campaign. you explained it all with one vague sentance that means nothing and you used ITALICS! You should go to the bank tomarrow, mortage your house and invest in BFL ASICs. next... |
|
|
|
I hope my prediction is wrong. I hope ASICs wont be used in a way where the Bitcoin devs have to take measures such as I described above, but it is certainly probable enough to where the community needs to identify it. I hope I dont have to come back in a year and say I told you so, only time will tell... However... to anyone who believes this fallacy that BFL or any other corporate ASIC mining manufacturer is going to limit their sales in order to protect Bitcoin - you need to get over that. Fallacy #2 ASICs will be cheap and plentiful for all to use and enjoy yeah right! The first Bitcoin mining ASICs that are mass produced (BFL singles ARE NOT ASIC they were Identified as XILINIX FPGA by ngzhang) are likely to be used and abused by its makers for massive mining profits, the first ASICs to be sold will be sold for thousands. The corporate entities that invest the money and time needed to create these chips are not going to just make them and give them away. Fact #1 Right Now the only groups that can achieve access to Bitcoin mining ASICs are those with the money and connections to get them made Fact #2 Last Summer difficulty and Bitcoin value SKYROCKETED purely on the backs of GPU mining - Can you IMAGINE what Bitcoin would be like now if only the Wealthy Had Access to GPU's in the Summer of 2011? I built a 10 ghash mining farm (back when 10ghash was alot) little by little on the mining profits of one single 5870 purchased in the early spring of 2011. A lot of others in this community have gained similar or greater Bitcoin success because Bitcoin mining can empower even the most modest of Miners, this has changed a lot of the last year but its still realistic to some degree, a lot of you may think ASIC is your chance, everyone wants to be a (God I hate saying this) " Early adopter " right? Like I said at the beginning of this rant (  ) I hope I am wrong, I really hope this horrible feeling about what I am hearing about certain people who are working on acquiring ASIC based Bitcoin mining is wrong, all I am asking anyone to do is keep your eyes and your mind open to whats really going on before you jump on the band wagon and support something for the wrong reasons. I was one of the first people to be skeptical about BFL when they first came on the scene, and I admit I was wrong at that time about them, but this "FAQ" that encourages people to buy BFL Singles now and not worry about ASIC later because they will give you a full trade in value? Its just another piece of this puzzle that makes me entirely too uneasy... From a business stand point that makes absolutely zero sense.... ...just food for thought and motivation to prove me wrong... Enjoy! Don't you have a business interest in selling FPGA boards? I'd imagine ASIC would ruin that. Anyway, how would upgrading from GPU to ASIC be different than CPU was to GPU? The only question will be availability of the chips. As a retailer, if I am not mistaken about that, you might ping Butterfly Labs about buyins their chips to make your own boards. I'm thinking they won't mind at some point. I already pointed out that BFL and other ASIC manufacturers are a potential competitor to what I am doing now, please read my second to last post and you will see it, this is not some sort of half-assed attempt to down play the competition. I can also point out to you that I own the domain name bitcoinasic.com and have just as much the resources and connections as any other player on this forum to develop and sell an ASIC based product. The truth is I am weary of BFL and others that have already begun to design and test ASIC based miners, these others I am not going to call by name but if you look around you can find them. I am not going to make any accusations here, but I propose a question to the community. BFL has announced an upcoming ASIC based miner they have also stated that we as miners should continue to buy BFL singles because they will take them as full value for trade ins for their future ASIC based devices. My question is this: how can BFL do this? How can their business model allow for them to pay back full price for their flagship product which has made 99% of that revenues income. How is that possible? How is it Not complete bullshit? Please I want to see who can answer this, and what they will say |
|
|
|
I hope my prediction is wrong. I hope ASICs wont be used in a way where the Bitcoin devs have to take measures such as I described above, but it is certainly probable enough to where the community needs to identify it. I hope I dont have to come back in a year and say I told you so, only time will tell... However... to anyone who believes this fallacy that BFL or any other corporate ASIC mining manufacturer is going to limit their sales in order to protect Bitcoin - you need to get over that. Fallacy #2 ASICs will be cheap and plentiful for all to use and enjoy yeah right! The first Bitcoin mining ASICs that are mass produced (BFL singles ARE NOT ASIC they were Identified as XILINIX FPGA by ngzhang) are likely to be used and abused by its makers for massive mining profits, the first ASICs to be sold will be sold for thousands. The corporate entities that invest the money and time needed to create these chips are not going to just make them and give them away. Fact #1 Right Now the only groups that can achieve access to Bitcoin mining ASICs are those with the money and connections to get them made Fact #2 Last Summer difficulty and Bitcoin value SKYROCKETED purely on the backs of GPU mining - Can you IMAGINE what Bitcoin would be like now if only the Wealthy Had Access to GPU's in the Summer of 2011? I built a 10 ghash mining farm (back when 10ghash was alot) little by little on the mining profits of one single 5870 purchased in the early spring of 2011. A lot of others in this community have gained similar or greater Bitcoin success because Bitcoin mining can empower even the most modest of Miners, this has changed a lot of the last year but its still realistic to some degree, a lot of you may think ASIC is your chance, everyone wants to be a (God I hate saying this) " Early adopter " right? Like I said at the beginning of this rant ( ) I hope I am wrong, I really hope this horrible feeling about what I am hearing about certain people who are working on acquiring ASIC based Bitcoin mining is wrong, all I am asking anyone to do is keep your eyes and your mind open to whats really going on before you jump on the band wagon and support something for the wrong reasons. I was one of the first people to be skeptical about BFL when they first came on the scene, and I admit I was wrong at that time about them, but this "FAQ" that encourages people to buy BFL Singles now and not worry about ASIC later because they will give you a full trade in value? Its just another piece of this puzzle that makes me entirely too uneasy... From a business stand point that makes absolutely zero sense.... ...just food for thought and motivation to prove me wrong... Enjoy! |
|
|
|
|
Just some food for thought here...
ASIC:
BAD:
It will make it very easy for a small group of wealthy individuals to monopolize Bitcoin mining which will be horrible for Bitcoin.
GOOD:
it will be just as easy for our dedicated and trusted small group of core Bitcoin devs to change the Bitcoin code to render those un-adaptable ASICS completely useless.
(I cannot think of anything more hilarious than a 2013 Bitcoin update followed by the creation of hundreds of thousands of dollars worth of custom made ASIC drink coasters.)
WATCH:
The individuals in the coming days that praise and promote ASIC, their motivates and agendas. Do they Really think ASIC is GOOD for Bitcoin? Or Do they Think ASIC is good for their own bank accounts and don't mind selling out Bitcoin in the process.
One of the greatest things about Bitcoin is the way it has empowered so many people in so many ways, giving such a small group of people so much power is very very bad for Bitcoin and I completely trust our developers to do the right thing in this regard.
QUESTION EVERYTHING / TRUST NO ONE:
Seeing everything I have seen over the year + I have been a part of this Bitcoin community this is probably the best advice I could give anyone at this time, just please really ask the important questions and give thought to these things I have proposed before you make up your mind.
ASIC proponents may say I have my own axe to grind (agenda) as I am a FPGA Manufacturer and Distributor, however I do not encourage you to just take my side of this I encourage you to really ask the questions that need to be asked and analyze the facts and players in an objective way and determine WHAT and WHO is really GOOD for the future of Bitcoin (which I happen to love dearly and believe in) and WHAT and WHO is really BAD for the future of Bitcoin. Their are plenty of wonderful people who are really dedicated and driven by making Bitcoin a success and realizing the ideals it stands for and at the same time their are plenty of people involved in the Bitcoin community who are solely and completely driven by greed and it's really not that difficult to see the difference if you know the right questions to ask.
Thank you for taking the time to read this.
-Tom
|
|
|
|
Our PCB Boards are shipping from the fabricators on 05/29 when they arrive here a few days later we will be able to build all currently ordered units and get everyone's order shipped to them within the guaranteed 2-4 week window. Thank you for everyone's support and we know you will LOVE our FPGA mining products. We are projecting a big wave of sales after more of these start to hit the "wild" and will be using the influx of revenue to build a good enough stock of these units where we can simply ship from pre-built stock instead of taking orders, then building and shipping like we had to do here. Customers ordering in the coming weeks, and months will see 2-4 day shipping times instead of 2-4 weeks. Thanks again for your interest in BTCFPGA.com, the ModMiner Quad and I hope everyone else is having as fun of a holiday weekend as I am |
|
|
|
|
Sorry I have not posted about this earlier as I have been super busy lately and not much time for the forum
In any case I have received all BFL singles that I have ordered, they all appear to be rev.03 design with new heat sink design and small vga cooler on bottom which coincidentally enough is very similar to the vga cooler we are using on our rev. 04 ModMiner Quad which is shipping this coming week
-Tom
BTCFPGA.com
|
|
|
|
|
This is what I am willing to do. I am reluctant to change the terms of the raffle but on the other hand I am really busy with another project right now which is why I am not on the forum much lately so I will set a deadline.
I will give this a maximum of six more weeks.
If all the tickets do not sell by June 18th - I will use the first block solved after 12:01AM on June 19th to Pick a Winner from tickets 1-300, if it picks a ticket number that is not sold we will go to the second solved block after 12:01 on June 19th and continue on in that fashion until the raffle ticket number picker picks a number of a ticket that has been sold, as soon as a winner is picked I will ship the prize to the winner that same day.
If the Tickets sell out before June 18th we will pick the winner as described in the beginning
and Either way no matter how many tickets I sell I will still donate 60 BTC to the Forum.
I am sorry this was not as much of a success as I thought it would of been, I will continue to advertise the best I can and I welcome you to do the same and send me any suggestions you might have on how we can sell more tickets.
Thanks for participating, and thanks to those who have showed patience and composure.
|
|
|
|
http://www.BTCFPGA.comWelcome to BTCFPGA ModMiner Quad rev0.4  The ModMiner Quad is a highly efficient FPGA Based Bitcoin Mining Device. Which can be purchased from http://www.btcfpga.com We accept Bitcoin, Dwolla, and any major credit/debit card It features up to 4 Spartan-6 LX150 FPGA Chips that are Capable of doing 210Mhash each at 10 watts For a total Unit Speed & Efficiency of 840mhash @ only 40 watts Compatible with Bitcoin Mining Software BFGMiner and Modular Python Bitcoin Miner (MPBM) Windows, Linux, Mac OS, or Raspberry PI Fast Shipping Time compared to competitors normal delivery takes place in 2-4 weeks ASIC Trade-up Program coming soon! Features: - 4x Spartan 6's 800+mhash @ ~ 40 watts
- USB interface for configuration and communication
- 72MHz ARM Cortex M3 for USB interface
- Our own custom Firmware
- Super easy Firmware updating for the ARM chip
- Temp sensor on each FPGA card
- Heatsink w/ cooling fan on every card
- 4x 3-pin headers to power standard fans
- Draws from the 12V supply with 5A fuse at the Molex connector
- LEDs to indicate that the FPGAs are configured properly
- Modular design for seamless FPGA upgrades and repair
Wiki Pages:ModMiner Quad Rev.04 - the unit we are currently shipping:   
|
|
|
|
|
Show Posts
