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8601  Bitcoin / Hardware / Re: Block Erupter Prisma (>=1.4 T/device, 0.75-0.78 W/G, <1 BTC/T, October Shipping) on: September 23, 2014, 10:19:14 AM
You guys go on complaining about ROI. Meanwhile, i'll ROI in 100 days even if the difficulty reaches 50,000,000,000 Cheesy

.03 cents per kwh : )

already got all the PSU's and power for 2 MW.

Bitch, you got nothing on me. I'm paying 2.5cents and free cooling due to cold weather. 5MW capability. Go big or go home bitches.


...And I'm sitting here on 10KW of testing capacity @ 13c.

 Yes but you are sitting in one of the best countries in the world in which to live Wink
8602  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: September 23, 2014, 09:36:23 AM
It's easy to be the best when you set illogical limits.
 They are certainly the only company named Asicminer shipping at this efficiency ergo we're the best! (as far as companies named Asicminer) WHOO!
 What I mean is, who cares about shipping when all a company need do is SELL?

This I have been wondering too.

The fact RS hasn't been commenting too much could mean this is the case  Cool

Brief
ASICMiner Prisma is based on a proprietary X48 design for BE200. It greatly reduces power
consumption of the device per GH/s compared to the X24 design.

...

Power consumption: ~0.67 W/G board-wise. On-wall power consumption relies on PSU
efficiency. (typically 1050-1100 W per full device, 0.75-0.78 W/G)

Nice. I wonder how they managed to squeeze improve power efficiency by ~25% compared to the X24 design.

But even though this further destroys the mining competition, it probably requires nerves of steel to continue investing in miners at this time.


I'm also very impressed by this. Not only that they managed to squeeze so much power efficiency, but also the size of the device.

Regarding efficiency: Do I understand correctly that 0.75 W/G puts the Prisma at the top in terms of efficiency among devices that are currently shipping?
Is there any other company currently shipping devices with efficiency equal or greater to 0.75 W/G?

8603  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: September 23, 2014, 09:26:55 AM
Brief
ASICMiner Prisma is based on a proprietary X48 design for BE200. It greatly reduces power
consumption of the device per GH/s compared to the X24 design.

...

Power consumption: ~0.67 W/G board-wise. On-wall power consumption relies on PSU
efficiency. (typically 1050-1100 W per full device, 0.75-0.78 W/G)

Nice. I wonder how they managed to squeeze improve power efficiency by ~25% compared to the X24 design.

But even though this further destroys the mining competition, it probably requires nerves of steel to continue investing in miners at this time.


I'm also very impressed by this. Not only that they managed to squeeze so much power efficiency, but also the size of the device.

Regarding efficiency: Do I understand correctly that 0.75 W/G puts the Prisma at the top in terms of efficiency among devices that are currently shipping?
Is there any other company currently shipping devices with efficiency equal or greater to 0.75 W/G?


 There is nothing so surprising about this design.  They have simply down-clocked the chips and doubled the number per board.  They could have done this in June and had the most efficient machine on the market but the chips were worth more at the time (at least that was the thinking) so it didn't make sense.  

 Here's the math:
 240MHz/270MHz(clock ratio or prisma to tube) * 800(1 Tube hash rate) * 2 (for the doubling of the chips) =1.4 TH/s

 With some extra cooling and a little know-how, you can run at 1.6+ THs with Tube-like effifciency. (NB over-clocking the proprietary design is not recommended as it could result in a damaged product)

 While I'm not impressed by the new design, I am immpressed with AMs ability to maximize the value of their product as computational difficulty rises.

8604  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 22, 2014, 11:30:58 PM
http://se.linkedin.com/in/kurt667

^ The fella who couldn't bring himself to tell KNC customers that the Titan firmware was crapped up 11 days after announcing 'Brace For Impact'.


Customer service par excellence ! Avoid KNC.

 Based on that CV I'd say he's got one or two months left with KNC. 
Anyone get a refund lately?
8605  Other / Off-topic / Re: What Song are you Listening To? on: September 21, 2014, 06:32:14 AM
Graveworm - The World Will Die In Flames

https://www.youtube.com/watch?v=0LrTn2jtYOs

Not today  Wink
I Don't Want to Set the World on Fire - The Inkspots
https://m.youtube.com/watch?v=6l6vqPUM_FE
8606  Other / Off-topic / Re: What Song are you Listening To? on: September 21, 2014, 06:21:23 AM

Those 80's videos seemed much cooler back in the day Wink
8607  Bitcoin / Hardware / Re: ASICMiner Tube Sales Information Thread [Round3, Price at <1btc per TH/s] on: September 18, 2014, 08:24:28 PM
+100 @ philipma1957

I turned handles "outward" and added a fan, FINALLY got these Tubes to stop with the thermal runaway. Also +1 @ friedcat "they" handled the RMA on my burned up board, no additional costs.

 Grin

Gee, I can't see why you guys are having any thermal issues at stock clock speeds. My 3 have been running continuously at 2.4T in the quite warm (90F+) mining area of my basement. With 1 fan, though the handles are pointing outwards. I hate to mention this, I'm only trying to help, but you guys are peeling the plastic from both sides of the thermal pads before use???  Embarrassed

I had to ask since my three have been amazingly reliable and robust so far...
The air coming out the center is as hot as a BIG blow dryer, and the chips are too hot to touch, so I'm wondering about longevity, but as long as they hash for six months I'm fine. Wink

 I remember a discussion about the fan arrangement and whether it should push or pull air through the tube.  I set mine up to push since I didn't want the fan and it's bearings to heat up because I thought that would cause flow issues.  I have had no problems with the stock fan in a push config at clock of 280 and my 2 tubes are getting 1.7 T more like 1.68 T.




I've got 2 with fans arranged as pull, clocked @ 290 Mhz in a quite warm 32*C+ basement with a bunch of other miners.  Getting the same speed as you on average, going to try 280 see if I get any better.


You're running in a lot warmer environment that I.
One of these in in my basement ~23C and one upstairs ~ 25C




8608  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: September 18, 2014, 03:56:45 PM
In the current mining climate (declining BTC value, exponentially increasing difficulty, fierce competition) it is hard enough for an ASIC manufacturer to survive, let alone thrive.

I would not expect anything in terms of dividends. Gen2 was vaporware and Gen3 a bit of a dud due to a design mistake that significantly increased power consumption. I think the best we can hope for is for friedcat to roll over any earnings from Gen3 to accelerate and perfect development of Gen4. Shareholders looking for short term gains will be disappointed. In the long run, I think AM is still well positioned to come out on top and worth the risk of holding shares.

I also believe that this is the way to go! The Bitcoin price is just too low at the moment, even ROCKMINER decided to postpone their 2 PH/s mining operation.... AM just doesn't seem to have enough of a margin to spend the income as dividends. I think the best thing to do would be to order massive amounts of gen 4 chips ASAP.

That was exactly their policy with gen 3. How did that work out?

Bottom line, if they aren't paying dividends, share price will slide and slide. There is no way AM can wipe out  the competition because of "lowest cost". Business ain't that simple.

Yeah, but gen 3 had two or three big problems: About half as efficient as planned, at least two months to late, focus on selling the chip when the mining market got much too saturated (in combination with higher power consumption of BE200) and wasting 2-3 months on selling the chip before self-mining. In addition we saw a steep decline of the BTC price, which AM couldn't have prevented.
That being said, if things worked out better, we'd have had a gen 3 chip almost twice as efficient, self-mining in March/April, and potentially a better price. I do see where at least half of those things wouldn't necessarily be a problem with gen 4!

Again, relying on hope ..... AM didn't predict these problems with Gen3 did they? They told us how amazingly power efficient the chips would be. Why do you believe, and that's believe, and not hope, Gen4 will be any different. Not even talking about Gen2 that disappeared without even being made without an explanation.

You know the bitcoin price could easily decline from where it is now right? You don't have to believe all the bitcoiners that we are going to $3000 soon.

Its a quintessential human quality, hope. People make a lot of money off it Smiley

All I'm saying is for every optimistic circumstance there is the opposite. I should know. I paid 4 BTC for AM shares a year or so ago .....

 As friedcat has already said, they have learned a lot from their shortcomings with gen 3.  If they incorporate those lessons into gen 4, all we have to hope for is that no new issues arise and we'll have another winner.
Didn't AM already convert their Bitcoin hodlings to fiat - we're already winning Wink
8609  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: September 18, 2014, 01:38:25 PM
bitcoin down, AM up Grin

 It seems like AM tracks to the US dollar (and also to dividends).

8610  Bitcoin / Hardware / Re: ASICMiner Tube Sales Information Thread [Round3, Price at <1btc per TH/s] on: September 18, 2014, 01:21:11 PM
+100 @ philipma1957

I turned handles "outward" and added a fan, FINALLY got these Tubes to stop with the thermal runaway. Also +1 @ friedcat "they" handled the RMA on my burned up board, no additional costs.

 Grin

Gee, I can't see why you guys are having any thermal issues at stock clock speeds. My 3 have been running continuously at 2.4T in the quite warm (90F+) mining area of my basement. With 1 fan, though the handles are pointing outwards. I hate to mention this, I'm only trying to help, but you guys are peeling the plastic from both sides of the thermal pads before use???  Embarrassed

I had to ask since my three have been amazingly reliable and robust so far...
The air coming out the center is as hot as a BIG blow dryer, and the chips are too hot to touch, so I'm wondering about longevity, but as long as they hash for six months I'm fine. Wink

 I remember a discussion about the fan arrangement and whether it should push or pull air through the tube.  I set mine up to push since I didn't want the fan and it's bearings to heat up because I thought that would cause flow issues.  I have had no problems with the stock fan in a push config at clock of 280 and my 2 tubes are getting 1.7 T more like 1.68 T.


8611  Bitcoin / Group buys / Re: CLOSED] ASICMiner Tube Group Buy #2 on: September 18, 2014, 01:14:44 PM
Still have not heard anything at all.  Starting to get worried.  Maybe he is on vacation?

Sent E-mail to canary.btc@gmail.com twice.

Sent E-mail to help@bitquan.com.

Anybody got any spare chips?  Looks like I am going to have to fix this myself.

 Friedcat has a boatload of chips left.  It wouldn't be that difficult for him to throw a few in an envelope and ship them to you... and it couldn't hurt to ask.
8612  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: September 18, 2014, 01:10:23 PM
In the current mining climate (declining BTC value, exponentially increasing difficulty, fierce competition) it is hard enough for an ASIC manufacturer to survive, let alone thrive.

I would not expect anything in terms of dividends. Gen2 was vaporware and Gen3 a bit of a dud due to a design mistake that significantly increased power consumption. I think the best we can hope for is for friedcat to roll over any earnings from Gen3 to accelerate and perfect development of Gen4. Shareholders looking for short term gains will be disappointed. In the long run, I think AM is still well positioned to come out on top and worth the risk of holding shares.

I also believe that this is the way to go! The Bitcoin price is just too low at the moment, even ROCKMINER decided to postpone their 2 PH/s mining operation.... AM just doesn't seem to have enough of a margin to spend the income as dividends. I think the best thing to do would be to order massive amounts of gen 4 chips ASAP.

That was exactly their policy with gen 3. How did that work out?

Bottom line, if they aren't paying dividends, share price will slide and slide. There is no way AM can wipe out  the competition because of "lowest cost". Business ain't that simple.

Yeah, but gen 3 had two or three big problems: About half as efficient as planned, at least two months to late, focus on selling the chip when the mining market got much too saturated (in combination with higher power consumption of BE200) and wasting 2-3 months on selling the chip before self-mining. In addition we saw a steep decline of the BTC price, which AM couldn't have prevented.
That being said, if things worked out better, we'd have had a gen 3 chip almost twice as efficient, self-mining in March/April, and potentially a better price. I do see where at least half of those things wouldn't necessarily be a problem with gen 4!

 I think you've hit the nail on the head!  Good analysis Wink
8613  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: September 18, 2014, 01:08:29 PM
In the current mining climate (declining BTC value, exponentially increasing difficulty, fierce competition) it is hard enough for an ASIC manufacturer to survive, let alone thrive.

I would not expect anything in terms of dividends. Gen2 was vaporware and Gen3 a bit of a dud due to a design mistake that significantly increased power consumption. I think the best we can hope for is for friedcat to roll over any earnings from Gen3 to accelerate and perfect development of Gen4. Shareholders looking for short term gains will be disappointed. In the long run, I think AM is still well positioned to come out on top and worth the risk of holding shares.

I also believe that this is the way to go! The Bitcoin price is just too low at the moment, even ROCKMINER decided to postpone their 2 PH/s mining operation.... AM just doesn't seem to have enough of a margin to spend the income as dividends. I think the best thing to do would be to order massive amounts of gen 4 chips ASAP.

 Rockminer postponed their 2 PH/s mining operation because there wasn't enough margin left to pay friedcat and electricity costs let alone make a profit.  AM had the idea -

 "We will rent the excessive hashing power to financial and technical capable people, accepting full deposits at the market price, shipping the devices and collecting a certain PPS rate based on the theoretical hashrate."

 of course, AM was a little late for that game after trying for too long to sell chips that did not meet their own efficiency expectations. Sure if bitcoin price were to go higher, they might be able to get a little more mileage out of them but the chips are middle of the road as far as efficiency and a higher bitcoin price would create a higher demand ergo a higher price for all chips.  As it stands, Rockminer was selling some of their equipment below cost.  It's not a friendly market right now.
  If AM can incorporate the lessons learned from mistakes made with the gen 3 into a gen 4 chip and can produce it at a cost that will be profitable with today's bitcoin price, I say go for it!  Order up the gen 4 chips!  Otherwise, I would think there is no rush. 
8614  Other / Off-topic / Re: Do you like cheese? on: September 17, 2014, 05:37:49 PM
No wonder why westerners are fat.



 We're not made of basalt, bronze, and congealed flames like yourself.  Cheese would simply burst into flame in your realm my friend - perhaps this is why you have such disdain for those of us who can consume it at will. 

8615  Other / Off-topic / Re: Do you like cheese? on: September 16, 2014, 11:13:38 PM
yes, but what's the best tasty cheese for meat?

I would say mozzarella or parmesan 

 I would say tex-mex for chicken and blue cheese for steak
8616  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: September 16, 2014, 02:06:05 PM
divs tomorrow

We are complaining about newbies that post relevant, structured, funded information.
However, when a Hero member posts two words without any further information, nobody complains :-)

 What does it mean to be a Hero member other than that person has the gift of gab?  The quality of the post doesn't derive itself from the user status and keep in mind that these member accounts are bought, sold and traded.

8617  Economy / Services / Re: EARN BITCOIN WITH YOUR SIGNATURE ,UP TO 0.1BTC A MONTH, ONLY 30 SLOTS LEFT on: September 16, 2014, 01:57:05 AM
I would like to continue but have not received any payment, though others have apparently?

People who signed up before you have received payment...there's a list on the first page.

 He was the first one to sign up...there's a list on the first page.
I would say the month ends today so you should see it soon.
8618  Other / Off-topic / Re: Do you like cheese? on: September 16, 2014, 01:29:51 AM
I like normal cheese for sandwich.

 What is normal cheese?
8619  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 16, 2014, 01:26:34 AM
I`m waiting for a refund for over 140 days
I had a real problem as my father needed a kidney transplant and asked for a refund on 30.04
Call them , explained them my problem , send them medical leather with the translation of my sister diagnostics and medical problem  (the whole family has health issue ) .
They did not refund me , is the same answer over and over again .
I`ve sent email requesting assistance to over 15 Swedish lawyer with no response .

This is the worst company I`ve ever encountered in EU.
I had enough .

Best
T
 
 

Hey, I just stopped back by on the KnC forum and saw that things have not got any better with the refunds.  This worked for me, but ymmv.  File a complaint form with ARN.  On their website, they have forms for english also.  Now I did receive email from them in swedish and had to translate it, but otherwise everything worked fine.  I just filled out the form, attached my invoice and copies of emails from KnC.  KnC waited until it was time for ARN to have a hearing and then refunded my money.  Good luck on your refund.

  Perhaps you are referring to ARN Magnusson the Knight Templar?  I don't think he's been around since the 12th century...
Care to share a link to ARN? It would be greatly appreciated.
 ARN is also Arlanda Airport in Stockholm... still searching


Underbart!!  Here it is - http://www.arn.se/
8620  Bitcoin / Group buys / Re: [OPEN] ASICMiner Tube Group Buy #2 on: September 16, 2014, 01:18:27 AM

I looked at this pool too.  But at 60 Th/s the likely hood of hitting another block is pretty slim.  I mean hitting the one on 9/11 was miracle really.

 On average it should take 25 days to find a block with current difficulty.  I wouldn't call it slim but at the same time, I don't like variability all that much so I prefer to pick a larger pool and go with the 1 coin per day.  In the long run, it should all work out the same but mmpool gives the block transaction fees as a reward to the finder.
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