so you a buyer(pre-order)
I'm both a customer and investor Will you be satisfied 9 months from now when you are finally delivered your 0.6w/gh miner with no compensation? so youre saying instead of 3 months they will be 9 months for delivery... and instead of sub 0.3 J/GH, they will be 0.6 J/GH ? They never said they will be shipping in 3 months or have efficiency below 0.3 w/gh. They advertise 0.33 w/gh and q1 shipping means march 31 at 11:59pm not January 1st. on what basis can you make those claims? these guys may not be popular but theyre also not the epic fail that you like to make out.
Did they not advertise 0.6w/gh for their first gen which turned out to be 1.2 w/gh? so to summarise.. you really think they will be grossly late and extremely under performing. And youre entitled to your opinion, but from what i know, and also from the experience gained by them last time, i believe they will do a better job this time (but the reality is that the job they did last time wasnt perfect but it wasnt terrible either). their architecture this time is more resilient to many of the issues they experienced last time. and i cant buy any other system thats lower power than this one, at this time. low power is the best way of having an roi positive mining operation.
What makes you think their new architecture is less prone to failure/underperformance? Yes, you can't currently buy more efficient hardware but as with all preorders there will be more efficient hardware by the time they ship. Bitfury announced 0.2w/gh hardware to be released this year and 0.1w/gh in 2015. |
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Please show me the miners who are paying 0.05$/kWh!
Have you tried asking anyone in washington? If you use your miner for space heating you can also cut down electricity costs. Also would you be so kind to explain why are you making a projection with such a low electricity cost for AM miners, while when making projections for competition you use higher electricity prices:
Are you talking about when I compared the SP30's that you advertised as being profitable even with $0.1/kwh hosting? I wouldn't recommend mining to anyone that pays more than $0.05/kwh. I do understand that you are biased, but at least try to make the projections the same for everyone, not giving an advantage to AM miners.
It doesn't matter what variables I use because however you look at it, it beats everything else available. Instead of arguing whether this will ROI or not (which is entirely pointless speculation) how about showing us a miner that has a better chance? |
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why bother pay 14.9 BTC for these when they can only produce like 9-10 BTC ?
So I take it you have a magic crystal ball too? Mine says these can easily break even with cheap electricity. lol, you are a joke even with free electricity they won't ROI.remember they will start shipping in at least 2 weeks from now, you need to pay import tax in your country,and you also have to buy PSUs, cables etc. you have all these for free ? let's run a small simulation assuming everything will be in our favor, the small miner:  -only 15 % diff increase (which we all know will be much higher) -14 TH/S -free electricity you will still be in a negative -7.7 BTC in more than 1 year from now on.after 1 year 14 th/s will be worthless 15% constant diff increase? 3'000 G difficulty in Oct 2015? Or 21'000 PH? Let's take that by that time mining hardware will use 0.5 kWh/TH, and electricity at $0.1/kWh ... Bitcoin has to be valued at $6000 just to cover this running costs. Nice  That or if bitcoin stays at $385 like his totally realistic predictions suggest it would mean that all the hardware powering the network would have to be at least 0.025 w/gh if they expect 50% of daily revenue to be profit. (at $0.05/kwh) I'm not entirely convinced we will see hardware 200 times more efficient than current gen hardware in only a year. |
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so you a buyer(pre-order)
I'm both a customer and investor Will you be satisfied 9 months from now when you are finally delivered your 0.6w/gh miner with no compensation? |
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why bother pay 14.9 BTC for these when they can only produce like 9-10 BTC ?
So I take it you have a magic crystal ball too? Mine says these can easily break even with cheap electricity. lol, you are a joke even with free electricity they won't ROI.remember they will start shipping in at least 2 weeks from now, you need to pay import tax in your country,and you also have to buy PSUs, cables etc. you have all these for free ? If you have to pay 25% import tax you are automatically disqualified from mining, sorry I had to break the news to you. And yes many people have free psus/cables but you can always buy cheap server psus for $25/kw. let's run a small simulation assuming everything will be in our favor, the small miner: -only 15 % diff increase (which we all know will be much higher) -14 TH/S -free electricity you will still be in a negative -7.7 BTC in more than 1 year from now on.after 1 year 14 th/s will be worthless If you've been following the difficulty you would know that the growth rate is slowing down not increasing and it's less than 15% average. The low btc rate will only add to the slowing. Even in your unrealistic scenario where difficulty growth stays constant at 15% you can still ROI because the actual price of the 14TH is clearly 15btc not 23btc. |
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So when will the devices ROI?
Faster than any other asic on the market by far. |
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most of the guys (knc, hashfast, cointerra etc) were taping out their 28nm with both tsmc and gf and receiving silicon back some 2 months later (thats after paying ridiculously high 'expedite fees'. if you dont pay the expedite expect 3 months) cointerra did it last time in 7 weeks. it'll be longer than 28nm for 16nm cos its so new... but not much longer. so lets say - for arguments' sake they tape out in October... they would expect to see 1st silicon in early Jan (or late Dec if theyre really lucky), and volume production later in Q1 onwards.
How can they tapeout now when 16nm production is supposed to begin in q1 2015? 20nm production was said to begin in q1 2014 and we all know how that turned out for KNC. |
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pictures, want to see pix ! show some ASIC porn . . . here comes the race.
Agreed. 1 btc for shipping is too EXPENSIVE (400+/-) for shipping ? normally about 200USD. Please revise shipping rates. also guys pls do not forget to add in psu cost to run these. i'm sure pricing can be reviewed. FC you can do much better !
$400 to ship 75KG is actually pretty inexpensive. 1 full device consumes approx. 1100w (conservative) so you will need a 1200w psu which costs approx. USD 200 each so x 10 = USD 2000 (excluding spares) It draws 1000W from the psu. 1100W is at the wall. You could buy the most expensive ATX psu or you could use a modded server psu for ~$25/1000W. 10 full devices will be a jungle of spaghetti wires. looking to see some new design & improvements to eliminate the jungle of wires. The boards are already chainable, what more can they do? They only need 1 controller per 32 boards and there's really nothing they can do about the power cables. |
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why bother pay 14.9 BTC for these when they can only produce like 9-10 BTC ?
So I take it you have a magic crystal ball too? Mine says these can easily break even with cheap electricity. |
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We as the Zeta Mining team will actually prove that FGPA based mining hardwares may be capable of competing with the latest ASIC miners. Follow us!
Not a chance.
Now I see where you're going. New poster, some bullshit claim that new mainstream technology will do miracles, about to post some business plan scam. Go away FFS. You're right: Zeta Mining LLC., our technology start-up company located in TRNC, is getting ready to pioneer the cloud mining business. With our mining hardware product, which is based on the Xilinx 20nm Virtex UltraScale XCVU440 FGPA architecture, Zeta Mining will be the address of the most efficient, the most secure and the easiest bitcoin mining.
Our mining hardware is at its final stage of development, and as we move on from the prototyping stage to serial manufacturing, we will announce the virtual IPO of Zeta Mining.
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Can marto/bobsag please confirm my order has been transferred and will ship from the EU to the changed address?
I'm in batch 1 and feeling a bit uneasy being left completely in the dark about my order status.
Also when/how will I be asked to pay for shipping?
I purchased through bobsag and paid with chips so I've got no technobit account/order ref as everything was done via forum PM's
Bump |
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if noise is a problem, why not just change out the fans .... example http://www.coolerguys.com/840556082507.htmlthere are many fans made out there with specs if you are that detailed ... that are far less noise than what might be in these cases .... I am looking at the SP 35 myself. They would be placed in a studio that is also used for filming and such. I expect to shut them down when noise is a problem but I can also alter the fans too if need be and perhaps not have too. Looking at the AM Tube too in the same way ... Dale Honestly if you are worried about noise, then don't by a SP3x If you are going to mine throughout part of the day because of the noise then just don't bother, you'll have a hard enough time mining your money back if you run 24/7/365 let alone missing out chunks of the day. These rigs are designed to live in a rack, in a climate controlled datacenter, their form factor, power usage and their fan performance and therefore noise have been chosen with that very factor in mind. There are lots of slower, bigger, cheaper, less dense, lower power (per unit) devices that are better suited to home mining out there. Swapping the fans isn't an option on the SP range of miners, if it was they would have done it. If you swap the fans for slower quieter versions then the device will overheat and slow down. Pretty sure these fans would take care of it fine ... easy to change out a fan too ... my plan for the SP 35 ... tubes the same way ... yep they will run 24/7/365 in a nice cool place till needed to quite. I just don't think the noise is going to be an issue for me, others, do check out the other fans out there ... watch the air flow compare with what is already inside. Happy mining ... Good luck finding quiet 100 CFM 80mm fans. |
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You guys have made it personal, to the point of even inventing a "word" so you can pretend it isn't personal.
You guys also keep pretending that I'm talking about BFL itself, and I'm not.
Nobody is pretending anything. It doesn't matter if we use the term "BFL" or completely write out "scammy companies that use shills, false advertising, fuck over customers, and generally act in bad faith" BFL is free to stop BFLing and I fully expect dogie to boost their rating when/if the time comes. Using BFL in this way in the rating system, and creating a fake word to pretend to legitimize its use, is biased.
My standard for categorizing companies and rating them, is Consumer's Reports.
The "fake word" was created long before the rating system. Never did he or anyone claim to be entirely free of bias. You are free to have any imaginary standards you like and you can even create your own morally superior ratings system, but this is dogies thread and you may be the only person other than josh who has a problem with using BFL as a term. The way BFL is being used in the rating system is unethical, and just because the majority is going along with it, doesn't mean they're right. In this case, they absolutely aren't right. They are biased, and unethical.
Just because you declare it unethical/wrong doesn't mean it is. If everyone is happy with the current system besides you, what's the problem? You have yet to even dispute the ratings BFL received. If dogie is being biased like you claim how about letting us know where? |
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Where did you get the info that S3 production cost is 0.4$/GH? Hopefully the production cost is cheaper for S4.
It might be a little lower as the chips are overclocked and no PSU is included, but not by much. It is accurate for S4 though (more chips, included PSU...). But where did you get the $0.4/gh from? Each unit also includes shipping costs which arenīt cheap at all, so the profit for bitmain is very thin. I have to disagree. Shipping from china to USA is only ~$5/kg. |
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That doesn't fly... =squeak= According to you? People in this community use the term freely and it's understood by everyone. You're the first person to complain about its use and even you clearly understand it's meaning. Why should we as a community change the meaning of a word because you don't like it? I think you might have a point if BFL stopped BFLing but I doubt that will ever happen. |
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Ethics?
All companies start with 10 points, and lose points for various infractions. The key is as follows:
F = Operates own mining farm = -2
FF = Operates own large mining farm = -4
P = Evidence of premining on preordered equipment = -2
BFL = BFL'ing = -9
B = Bankrupt = -9
O = Other generic unethical behaviour = -5 Alright, just to chime in a little again, having BFL here isn't useful. Look at it from the perspective of someone who really hasn't been paying attention to BFL issues for the last few years... sure they probably heard a lot of back-handed BFL-hate comments here and there, but don't really know what it is about. This won't help. List out specific ethics-related criteria in that list and apply them. People can look at that list and understand what the other metrics are, but "BFL'ing" isn't specific or clear at all... it is just more bashing. C'mon, be above this kind of petty BS, please. =squeak= It's not BS, you getting upset about the definition of a word is BS. |
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Can marto/bobsag please confirm my order has been transferred and will ship from the EU to the changed address?
I'm in batch 1 and feeling a bit uneasy being left completely in the dark about my order status.
Also when/how will I be asked to pay for shipping?
I purchased through bobsag and paid with chips so I've got no technobit account/order ref as everything was done via forum PM's
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