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I'm not sure why everyone is getting ruffled.
I take steamboat's statement to mean that if you have not paid for components/assembly through his website, its not his fault if he runs out of components. This is especially pertinent for early batches. For example, if you are in batch 1, and you have not paid for components/assembly, and steamboat runs out of components because other chips arrive (his own batches and/or other group buys) that have paid for components/assembly, then you will face delays until steamboat orders another few pallets of components.
Assuming the above is true, I also think this is fair. He can't sit on his thumbs hoping that early batchers that are late to pay for components/assembly will do so eventually, while holding back customers that have paid for components/assembly, and their chips have arrived.
So, if you have already paid for components/assembly before the 30th June deadline (or perhaps even a couple of days after that) I don't think you have anything to worry about.
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Just like the Avalon, the Klondike will work with how the ASIC was designed to be used. Instead of 10 chips/bank I'll have 8.
Sorry I haven't followed Avalon's design closely. Could you clarify that Avalon would also lose all 10 chips in a bank if any one of them failed or was damaged? |
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The Klondike has 16 ASICs but I have split them into 2 banks of 8 each. This allows pushing the data in twice as fast, and also means if one ASIC is damaged then only 8 cannot function, instead of 16.
I hope there is a mistake in what you have said, because it scares me a lot. We don't know what the yields are on Avalon chips, and I would seriously prefer a solution where only the damaged ASIC is the one that does not function. Losing a bank of 8 is significant, imho. Also, what happens if a bank is not full, e.g. 6 chips instead of 8? I imagine there are plenty of people who don't who's total number of chips don't divide nicely by 8, and if we are shipped untested chips then yields could make that worse. |
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Update: 5/10/2013
Avalon has released their design. I am having it verified and getting pricing for fab and assembly. These numbers will be used to gauge open source projects to determine the most cost effective route and give accurate pricing for finished miners. Pre-orders for assembled miners will be available once pricing and manufacturing are confirmed.
Where is the design? Here: https://bitcointalk.org/index.php?topic=200668.0 |
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How many boards could be safely/robustly supported via USB daisy chaining per host [PC,Pi,Etc]?
I discussed this briefly with some people when the ASICMiner USB devices were announced, and there were a couple of people complaining that in their experience connecting 15+ devices via USB usually led to problems, even with high-quality powered USB strips. I have little experience in connecting lots of USB devices so I can't really say, but this might be something worth checking out for users that are aiming to have lots of boards.
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Sent payment and email. I'm in.
Thanks for the hard work steamboat.
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Hi steamboat,
With group buy #2 requiring only 5000 chips paid for before you order from Avalon, is the counter on post #1 referring to that 5000? Or, since the counter is already < 5000 so does this mean you have already ordered?
Thanks
The counter refers to chips available in batch 2. If demand is more than half the order, I may open the remaining chips for purchase. Once the remaining balance is received I will order. My question was probably unclear, here's a rephrase: have you already ordered the chips, or will you order once that counter hits 0? And a second question: Am I to understand that you are buying 5000 chips from the second order? Hi,
Like PavelK, I'm very interested in a hosted option. I'm trying to read all the various posts on group buy threads and board development threads, and it seems the fastest way to get mining (to catch the early coins before difficulty ramps up) is:
1. Once any of the open source boards has been tested using dev chips, use the open source files to locally procure boards quickly
2. Once chips are shipped, order various gear for hosting on site
3. Once chips are delivered, have them glued to the boards from step 1 and start mining
Also, in terms of which board to use, my personal priority list is below, I'd be interested to hear what everyone else thinks:
1. Fast production (to get started mining, though depends if boards can start production well before chips delivered)
2. High quality, with redundancy (if any chip/component fails, or is defective, mining is minimally impacted, limited to failed components. Burnins boards seem to not have this redundancy atm)
3. Cost (I'd rather pay $20 per board more, if the board is robust, and ready on time)
I'm interested in ~500 chips at least, maybe ~1000 chips. I know my account on this forum is new, but I've been mining since 2011, and I have the coins/fiat to do this.
BTW, my current location affords very cheap electricity, its just that slow shipping and customs could be a real snag, particularly for the quantity under consideration. My rough plan at the moment is to have hosted mining, and then either slowly ship boards to myself, or perhaps just sell them off after at least a few months of mining, depending on the economics of it all.
Thanks for reading.
This is a well formed assessment. Lead times at each stage of the production process allow some leeway in choosing which manufacturer, parts, and location to use. Ultimately the time crunch begins once the Chips are delivered. From that point, the time to cost ratio changes significantly. I am working on this now, and will keep everyone updated as I get solid numbers. Thanks. From your reply I got the impression that we are on the same page w.r.t getting in on early coins fast. I'm now itching to get off the fence and buy in, but I *need* hosting. I'd really appreciate if you could put together T&Cs for hosting, and prices. If you are buying at least 5000 chips from this order, will you be using some sort of off-site hosting yourself? |
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Ragingazn628, I inquired in steamboat's groupbuy about the possibilities for a) fast, local (to group-buyer) production of mining boards, and b) hosting options (by group-buyer).
For me, if you could address those two topics above, I'd be very interested to join your group buy, and maybe others would be, too.
Thanks.
EDIT: s/group-buyer/you/
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Hi,
Like PavelK, I'm very interested in a hosted option. I'm trying to read all the various posts on group buy threads and board development threads, and it seems the fastest way to get mining (to catch the early coins before difficulty ramps up) is:
1. Once any of the open source boards has been tested using dev chips, use the open source files to locally procure boards quickly
2. Once chips are shipped, order various gear for hosting on site
3. Once chips are delivered, have them glued to the boards from step 1 and start mining
Also, in terms of which board to use, my personal priority list is below, I'd be interested to hear what everyone else thinks:
1. Fast production (to get started mining, though depends if boards can start production well before chips delivered)
2. High quality, with redundancy (if any chip/component fails, or is defective, mining is minimally impacted, limited to failed components. Burnins boards seem to not have this redundancy atm)
3. Cost (I'd rather pay $20 per board more, if the board is robust, and ready on time)
I'm interested in ~500 chips at least, maybe ~1000 chips. I know my account on this forum is new, but I've been mining since 2011, and I have the coins/fiat to do this.
BTW, my current location affords very cheap electricity, its just that slow shipping and customs could be a real snag, particularly for the quantity under consideration. My rough plan at the moment is to have hosted mining, and then either slowly ship boards to myself, or perhaps just sell them off after at least a few months of mining, depending on the economics of it all.
Thanks for reading.
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Hi steamboat,
With group buy #2 requiring only 5000 chips paid for before you order from Avalon, is the counter on post #1 referring to that 5000? Or, since the counter is already < 5000 so does this mean you have already ordered?
Thanks
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Five posts (this is the sixth) and 5h30m logged in, and still newbie. I guess the process is manual?
Ah, found a post on the newbie whitelist request thread that suggests a script runs at intervals to upgrade qualifying newbies to to Jr. Member. The script runs approximately every 10 minutes, so you have to wait a little after post #5; you don't get upgraded immediately after post #5. I wanted to edit my original post above, but couldn't find a way to do it (sorry of that means I'm a newbie to forums in general, which I am) |
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Five posts (this is the sixth) and 5h30m logged in, and still newbie. I guess the process is manual?
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I also initially didn't like the newbie controls, because I only signed up when I REALLY felt the need to post on something.
However, I know the community has suffered from so many scams, and these restrictions do help to limit them, and other problems such as adverts posted by bots.
On the plus side, it introduced me to the newbie section, which I haven't browsed in the past. Some nuggets lying around here as well.
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When bitcoins are transferred, all bitcoins have to be sent out. If you are sending only some of the bitcoins from one wallet to another wallet, then the remaining bitcoins are sent back to the original wallet. This is probably why you see two wallets on blockchain.info.
For example:
Wallet 1 : 100 Bitcoins
Transaction: Transfer 20 bitcoins from Wallet 1 to Wallet 2.
Blockchain transaction:
Wallet 2 -> 20 bitcoins
Wallet 1 -> 80 bitcoins
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I agree with the whole process from purchasing in a groupbuy to finally getting a mining device being quite risky. And it is a turn off compared to how straightforward it was to get into GPU mining via Amazon, NewEgg, etc. There's also the risk that those ASIC miners will have little resale value once their shelf life has expired, or if bitcoin crashes, unlike the GPUs. I agree with the point on it being a gamble, but all of bitcoin is still a bit of a gamble. Investors in ASICMiner and Avalon batch #1 units were all essentially making a gamble. They succeeded, but there were many other gambles (many are documented on this forum) that failed, too. I think I will make a small investment in Avalon chips anyway, but at the moment I need more confidence in the board development process. I almost zero expertise in electronics, and I would need a board building service that can build boards that are 1) high quality 2) built and shipped fast, and 3) price competitive. Meanwhile, I found it interesting to see this post ( https://bitcointalk.org/index.php?topic=164742.msg1723826#msg1723826) which shows the Avalon boards as used in their own devices. It's the first time I've seen this. |
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I've been mining since 2011 too! The newbie status is ironic  |
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Hi,
I've been mining for a while, and reading this forum for ages, but haven't really contributed.
I signed up because I'm really interested to take part in one of the group buys of Avalon chips. There seems to be a lot of interest in this, and hopefully a lot of opportunity too.
Any other newbies interested in this? If yes, how many chips are you looking to get? I'm not sure whether to go for a small count and just get a few gigahashes, or trying and go all in, although that would not be terahashes or anything!
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