This is a group buy for a batch of Avalon chips.
CHIPS AVAILABLE: 9484
There are three options for this group buy.1. Purchase of chips only
2. Chips plus assembly into the DrillBit system.
3. Purchase of DrillBit system components for DIY assembly
Avlaon chipsAvalon 110nm ASIC chips, producing 282 mh/s.
Introducing the DrillBit SystemAn affordable and expandable bitcoin mining system.
The DrillBit system is the most versatile Bitcoin mining system available. It will expand to suit your needs. You can start up with a small mining rig, similar to many entry level rigs on the market, or you can start bigger. As you decide to expand your hashing capabilities, the DrillBit system will expand to suit your requirements, easily and simply.
The basic module of the DrillBit system is a single DrillBit board; a 16 ASIC card. With the basic hashrate of approximately 4.5 GH per card (based on Avalon's published spec of 282MH per ASIC), the board plugs into a standard USB socket. The power can be supplied by a normal ATX power supply. If you are only running a single board, it may also be powered from a spare disc drive connector, allowing you to install it out of sight, inside your computer, should you wish to. You can be hashing all the time, with no extra boxes to stash, no cords to trip over and accidentally unplug.
The ASIC board has 3 ports built in. The top port on the first board takes a data distribution board - like the FPGA board in the Avalon miner, only much, much simpler. It comes included with the initial purchase of a DrillBit board so you are ready to start mining as soon as you get it, nothing more required. But when you want to add more hashing power, this is where the DrillBit system really shows its advantages over other systems. If you want to double your hashrate to 9GH, just get another ASIC card and plug it into the bottom port of the first card. Its that simple. No big strings of USB hubs, no messy cables or setup changes. The data distribution card automatically registers the extra ASIC card and operates accordingly. Up to 4 cards can be stacked in this way. Simple, convenient, efficient. Just add more processing power when you want to. You can then be running at 18GH quite easily, expanded up from your initial investment of 4.5GH. Nothing to resell, nothing going unused.
If you wish to expand beyond 4 DrillBit boards, to achieve even higher hashrates, the DrillBit system can accomodate this also with the backplane system. The backplane is a large distribution board that the ASIC cards plug into individually. So if you want to run much higher hashrates, you can get a backplane and fill it with ASIC cards as you decide to buy them.. The same principle applies. Simple and efficient. You just plug in extra cards, and the system configures to the extra power. All versions of the system run conveniently from a standard ATX power supply, so it is easy to operate. You could also just run a number of card stacks from a USB hub, in much the same way as other systems offer, if you so desire. Or you could run multiple backplane systems from the same setup. With 16 cards in a backplane, you will have 72GH/s of hashing power.
Thats more than any other single miner on the market at this time. But the beauty of the DrillBit system is that you don't have to outlay all that cash immediately. You can get started on a smaller system of whatever size you like, and build as you are ready.
The DrillBit system is designed by Dan Stocks, an electronics phd with 30+ years in electronic design, highly experienced PCB designer, currently doing it as a full time job for a well known electronics manufacturing company.
About this Group BuyWe are based in Sydney Australia, but accept orders worldwide. If you are located in Australia, this is a fantastic opportunity to get your hands on locally built quality miners, saving on shipping costs and helping build the Australian Bitcoin network. Assembly and production is being done here in Sydney. Postage within Australia will be cheaper than any other board assembly offers out there. For our international participants, don’t worry, we will make affordable shipping options for all.
We are currently in prototyping stage for the DrillBit system. The board design is done and sample chips on the way. You will find regular updates here with the progress.
Once we have raised enough funds, an order will be placed with Avalon. For those purchasing only the chips, they will be sent on as soon as they are received. For those buying fully assembled miners, we will begin production of the boards as soon as we have the chips, and get them to you soon after that. We want you all mining as quick as possible.
We will also be offering standalone boards for those who desire to assemble their own chips, these will come along with chip purchases or on their own for those of you who already have your own chips.
PricingChips:- Avalon ASIC chips can be ordered for BTC 0.086
- This is to be paid immediately upon order placement. This will fund the purchasing of the chips.
- Receipt of chips from Avalon may also incur other fees such as import tax, customs duties etc. These fees will be distributed evenly based on the amount of chips purchased. Once spread out amongst everyone, it is not expected that these fees will be very high.
Assembly:- We are currently in conversations with manufacturers to determine the final costings on assembled boards. We will keep you updated as we lock down final pricing.
- Each DrillBit board takes 16 Chips so consider how many mining boards you would like when purchasing chips and multiply this number by 16. For example, if you would like 4 DrillBit cards you will need to pay for 64 chips + 4 X the final price of each board
- Likewise, final costing on a backplane for stacking more than 4 cards will be posted shortly.
- All boards will be fully tested and guarenteed functional before being sent out.
Payment - Payment for the chips is required immediately upon placing the order.
- Payment for boards and assembly will be sorted out down the track and does not need to be paid up front. The only amount required up front is the payment for the chips.
- If you desire to have your chips assembled into the DrillBit system, please let us know in your order how many boards and backplanes you will be wanting.
- Only payments in BTC accepted for now, but we will be moving to accept $US through Paypal soon. Please PM me if you desire to make a payment is $US.
- Shipping costs will be added to the final price, payable in one sum as we get closer to shipping the units out.
- Processing of Chip and Miner orders will be done on a first in first served basis. The earlier you place your order with us, the earlier we will process your order and get your chips and miners to you.
ShippingShipping prices to be updated shortly.
Terms- Full payment including all USD based fees is required prior to shipment to final destination.
- Address signing is required for dispute settlement.
- We assume no responsibility for any issues that may arise due to circumstances outside our control, including but not limited to Avalon failing to ship, shipment being seized by customs, shipment arriving late, etc.
- All chips purchased are sold AS IS, with no warranty of any kind.
- You may choose to change your address a maximum of two times.
- In order to change your shipping address you must sign the change order with the purchase address.
Purchase instructionsTo calculate btc required: Multiply the number of chips desired by 0.086 (cost=chips*0.086)
Send payment to:
1KQ46GTddAhjghZmyT3C8ZeThtCMMjxohAEmail: drillbitsystem[at]gmail[dot]com with the subject “Chip Purchase”, and the following information in the body:
Forum Name:
First Name:
Last Name:
Street Address:
City:
State:
Zip Code:
Country:
Shipping type:
Phone Number:
Email Address:
Chip amount:
Payment amount:
Assembly:
none if you are choosing the chip only option, or number of DrillBit boards, and/or backplanes you will be desiringSending Address:
TX ID:
*Note* Do not send funds from an address you do not control. You will be required to prove ownership of the sending address upon request.If you have any questions, please feel free to PM me.Looking forward to doing business with you all. Lets get these miners going.
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