I never said you were selling anything or working for SP. You made a comment regarding AM's chip efficiency, I made a comparison against the HW being sold by the vendor in you affiliate link (where i presume if you collect enough orders you get something, but that's none of my business), but you say you cannot comment...... okay  You can make any comparisons that you want. It will not change chip's efficiency! And since you care so much about my affiliate link then you should know that I only get their standard affiliate rate which is 5%. Feel free to sign up too  |
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The superior GN1 chip has always been ready to push 700+ GH/s, given enough juice.
The incompetent subcontractor for the first board screwed up royally, and the next ones could only do 400+ GH/s until the Yoli and Habanero designs.
Converting that much clean power in such a small area is no small engineering challenge.
And this is where their failure is (but of course not provable in court). Trying to use so much power in such a small area lead them to the bankruptcy. No other chip manufacturer used this approach and nobody will attempt to try it because it leads to so many problems. Bitcoin mining doesn't need a simple "fastest chip". Bitcoin mining needs a more balanced approach of many things besides speed. In my view HF failed when they chose this approach and also when they never thought of any plan B in case the subcontractor/PCB design fails. The only thing HF was good was spending a shitload of money while not being able to fully deliver their first batch of miners. The other things like refunds and MPP don't matter when you can't even fully ship your first batch of miners. Good ASIC design skills, but very bad management/business decisions. HashFail! Edit: SolarSilver types faster |
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There are 3600 bitcoins created every day no matter what. What do the large farms have to do with it?
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Such good news! Congrats! I am glad to be part of the elite 20% You mean the 20% that Spondoolies is not giving massively discounted bulk rates to? Being part of the group getting ripped off is normally not something to be proud about. I don't buy in bulk. |
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hey, Guy, congrats on the $5 mil funding round. Pretty impressive.
Such good news! Congrats! I am glad to be part of the elite 20% |
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That's my thoughts too, but that makes it $49/month for a TH which I find too cheap. for a 0.7W/GH that would mean 700W for a TH and a power cost of just 0.03$/kWh. It's either that cheap or something is fishy here. And if AM can get so cheap power why didn't they self mined faster or stronger? That power cost is a miner's wet dream.
Can you clarify how you get to $0.03/kWh? I get the following: For 0.7 kWh for a TH and 0.1$/kWh, we get (about) 0.7*24*30*0.1 = $50.4 per month in electricty costs. So these maintenance fees indicate that AM gets electricity for less than $0.1/kWh. It does not indicate they get electricity for less than $0.03/kWh. That's much more reasonable (and not even particularly cheap if they indeed pay $0.1/kWh, but I would assume they pay somewhat less). Ok I am bad at math. @roadstress I see you posting but choosing not to acknowledge the post I made in reply to your comment yesterday. I am not working at SP-Tech to be able to reply to you and I am not trying to sell anything. Can we focus on my posts, not on my signature? |
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It's hard to prove incompetence in court. If they went that way then it was a big mistake I think. Actually I didn't even thought this is possible. I think that it's much easier to prove bad intentions than incompetence. If we are still at it, can someone enlighten me how do you prove incompetence in court? What laws are there to punish you for being an idiot? I find it very easy to evade this by working with contractors. Was this the case? I don't know all the court details, but what was the main point of failure? I remember that they promised delivery in Oct and they got chips in November and that they changed the MPP terms (not sure if this is legal or not after the customer paid the money). |
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If the ASIC was so great they would have been able to turn it into a working product and they wouldn't be bankrupt. All they did was design a novelty chip.
Because that's what best chips do. Sit on shelves! Best company ever! |
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FC was talking about finding cheap electricity at the Salon back in August. Let's not for about the DataTank partnership as well.
DataTank doesn't make the electricity cheaper. Even if they have super cheap electricity why not use if for more self mining? |
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No "incompetence" has been "proven." That claim has already been heard and rejected by the bankruptcy court.
There is no need to "prove" the incompetence in court. How many rev boards were there? Why is HF in bankruptcy? |
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im still kinda confused on the fees, each day each GH maint fee is what....
First I understood that it's $1.63/day for each GH, but now I think it's $1.63/day for each TH. Taken from their picture with maintenance being $587 for 1 year for AMHash1 that costs 1.25 BTC. But I find it weird cheap. $1.63/day for each TH makes it much more reasonable. That price for each GH is terrible. That would be on par with each gen1 chip with 10W/ GH That's my thoughts too, but that makes it $49/month for a TH which I find too cheap. for a 0.7W/GH that would mean 700W for a TH and a power cost of just 0.03$/kWh. It's either that cheap or something is fishy here. And if AM can get so cheap power why didn't they self mined faster or stronger? That power cost is a miner's wet dream. |
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im still kinda confused on the fees, each day each GH maint fee is what....
First I understood that it's $1.63/day for each GH, but now I think it's $1.63/day for each TH. Taken from their picture with maintenance being $587 for 1 year for AMHash1 that costs 1.25 BTC. But I find it weird cheap. |
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It's also very discouraging to see people trying to figure out their units months after they've been shipped. I've never seen such a clusterfuck of a support thread.
What do you mean? This thread was always a good support thread. My apologies, but the fact that people are still trying to tune hardware months later is very discouraging. The thread itself is fine, although it's missing a major component...INFORMATION FROM SPONDOOLIES. I am not aware of anyone still trying to tune hardware. What we discussed a few pages back is how to downclock miners in order to achieve the maximum efficiency settings, but everyone seems to be hashing without any problems and zvisha (main SW developer) was pretty active when it was needed so your statement isn't really accurate. |
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It's also very discouraging to see people trying to figure out their units months after they've been shipped. I've never seen such a clusterfuck of a support thread.
What do you mean? This thread was always a good support thread. |
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Not sure on any context of it, I don't didn't even know who the Austin Hill is until googling 'Austin Hill Bitcoin' in response to your post. I don't do deals with anybody when it comes to BTC Guild for integration of another service or promotion of another service. The closest was selling ASICMINER gear, but that was purely a retailer<->distributor relationship with no impact on the pool itself. EDIT: I get people trying to pitch things to me by email regularly. I generally delete any email without even opening it if the subject line indicates that is what it's about. Thank you! |
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Peter Todd seems to have an axe to grind with Blockstream, so I'd take it with a grain of salt. I'm not aware of any pool deals Austin is making, though it would make sense for him to be talking to pools about supporting merged-mined sidechains. AFAIK he's not been in touch with wizkid057 on this topic, nor tried to negotiate any pool "deals" through me. Disclosure: While I only represent myself, not the company as a whole, I am personally working with Blockstream. Thank you! |
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What else do you want people to talk about? The great quality of the products? |
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They sell because they are low price...not because they are great chips.
Isn't a low price + good efficiency the definition of a good chip? Good efficiency on the BE200 chips! Good one |
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