HashFast, Cointerra, KnC pending...
they will have 28nm chips. Bitfury still only 50% of KnC power draw  and already delivering Bitfury at wall is around 1W/GH KnC Max at wall is 1.6W/GH Somehow I'm not seeing the 50%  Would you prefer a 400GHs by Bitfury delivered in a week or a 400GHs by KnC early October? That is the question my friend... That isn't the question, depends on cost. Would I pay $20,000 for a unit delivered now max 400GH or $7000 Delivered 30 Days from now with Minimum 400GH? Was it $20,000 priced? Don't forget that it exists Bitfury 55nm ASIC by Reel (October Delivery)?? This are Asic Chip??
You are selling 3000 chip for Euro 45K?/ so Euro15 per chip or $19.5?? and each chip is 5gh/s??, so 3000 x 5gh/s = 1.5TH??
Amazing, July you charge E240K x $1.30 = $312k but October only E45K x $1.30 = $58.5 ?/ Opps this are all Euro.
$19.50 per chip of / 5gh/s = $3.90 per gh/s is very reasonable I would say.
But your full kit is expensive - 400gh/s for $9750 is $24 per gh/s.
I would go Bitfury mate, sorry... EVEN NOW I would prefer October BF than October KnC because a chip exists 100%. EDIT: BTW missed both these trains, oh well... |
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HashFast, Cointerra, KnC pending...
they will have 28nm chips. Bitfury still only 50% of KnC power draw and already delivering Bitfury at wall is around 1W/GH KnC Max at wall is 1.6W/GH Somehow I'm not seeing the 50% Would you prefer a 400GHs by Bitfury delivered in a week or a 400GHs by KnC early October? That is the question my friend... That isn't the question, depends on cost. Would I pay $20,000 for a unit delivered now max 400GH or $7000 Delivered 30 Days from now with Minimum 400GH? Was it $20,000 priced? Don't forget that it exists |
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HashFast, Cointerra, KnC pending...
they will have 28nm chips. Bitfury still only 50% of KnC power draw and already delivering Bitfury at wall is around 1W/GH KnC Max at wall is 1.6W/GH Somehow I'm not seeing the 50% Would you prefer a 400GHs by Bitfury delivered in a week or a 400GHs by KnC early October? That is the question my friend... |
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Megacoin and Anoncoin can't provide these...check AnonyMint's posts.
If you're reading and belive in what the deluded person with only basic understandings of economics is writing, you're deluded and ignorant yourself. +1 for him mostly talking to himself in his own thread. Next up: Anoncoin isn't anonymous. Who said that zerocoin is not sufficient by itself for total privacy? Has anyone used a working zerocoin protocol in a coin to test this assumption? No. It's all in theory. |
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seriously how many of them do have access to free[1] electricity? 100%, 90% or less?
then you have to take into account that GPU isn't "application specific" whereas by definition ASIC devices are.
[1] "free" is a strong word, e.g. take my case I have access to "free" electricity b/c I have solar panels, but I can assure you they are not free, nor in terms of initial investment and nor in terms of maintenance
Trust me, only here there are more than you can imagine: civil clerks in various offices, hospitals, army, people stealing electricity in the country...lol sorry dude but I do not trust anyone, I hope you don't take it personally :-) anyhow I think that your idea of the world is quite biased toward the Greeks behaviour and as someone who have lived in south Europe for a while I can understand you. In Greece many people who bought panels now they don't know what to do them (due to some government scam as usual) and for a very small fee they rent them to miners...
sorry for being pedantic but small fee != free anyhow as you've already wisely said, time will tell. All valid arguments, I just want to point out that electricity efficiency is not YET the most important factor... |
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Having said that you can be sure that Gen1 ASIC devices based on 1XXnm technology will reach their "electrical breakeven point" (EBP) a lot sooner than the one based on 28nm tech. see: https://bitcointalk.org/index.php?topic=281279.0quoting the relevant table just for clarity's sake: Specs Process Eff (J/GH) [1] Diff (mil) Hashrate (PH/s) Pre-order availability (per manufacturer)
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KNC 28nm 1.8 [3] 11,600 83.0 Existing: Sept/Oct New: Oct
Hashfast 28nm 0.8 25,100 179.7 Existing: Oct New: not accepting orders
BFL (Monarch) 28nm 0.8 [4] 26,200 187.5 Existing: Feb New: [5]
Cointerra 28nm 0.7 [2] 29,900 214.0 Existing: Jan New: Jan
Device Process Eff (J/GH) [1] Diff (mil) Hashrate (PH/s)
--------------------------------------------------------------------------------------------------
Avalon 130nm 8.3 2,500 17.9
ASICMiner 110nm 7.7 2,700 19.3
BFL (SC) 65nm 5.0 4,200 30.1
Bitfury 55nm 1.0 21,000 150.3
FPGA various 50.0 400 2.9
GPU various 330.0 60 0.4
There are still GPU miners with free electricity....ever heard of the term? seriously how many of them do have access to free[1] electricity? 100%, 90% or less? then you have to take into account that GPU isn't "application specific" whereas by definition ASIC devices are. [1] "free" is a strong word, e.g. take my case I have access to "free" electricity b/c I have solar panels, but I can assure you they are not free, nor in terms of initial investment and nor in terms of maintenance Trust me, only here there are more than you can imagine: civil clerks in various offices, hospitals, army, people stealing electricity in the country...lol In Greece many people who bought panels now they don't know what to do them (due to some government scam as usual) and for a very small fee they rent them to miners... |
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I think a simple slogan maybe.
Mine, all mine.
As for knowing that KnC don't have chips ? Really? How do you know they didn't get them this morning? Because they didn't bleat about it on a forum? Maybe the day they DO get chips (or did) they thought of more important things to do with them? They could have them in hand any day now, or have them already.
Maybe a quick test and a pic of an assembled module or real performance data from that would prove to be a better laxative to their competitors in their eyes?
Sorry dude, here only 1 rule applies now: Show me the chips! Go read Labcoin thread how people attacked on the announcement without proofs. KnC: Late to party! |
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While you waste your time for slogans: https://bitcointalk.org/index.php?topic=264696.msg3033042#msg3033042"We are planning to tapeout 1500TH+ chips in Sep(i,e, the 2nd batch of 1st gen chips of btcgarden. The 1st batch of 250TH of 1st gen chips will be in hand soon and will be deployed in china as you might knew) ,all of these 1500TH will be in hand in the mid of Nov," Bye bye ROI... 130nm, $32 per GH/s (chips only complete system would be more). High price and high power consumption. I imagine they will be insanely popular. Since when is 0.11BTC = $32? I mean, if it was I'd certainly like to know  I bet there would be at least 3 times in the past (since 2009) that it would equal this price  |
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No KnC doesn't have chips on their hand, now. And you know it, doesn't you? And more to the point, we can't be 100% sure KnC will deliver on time, if ever. that's a fact. Having said that you can be sure that Gen1 ASIC devices based on 1XXnm technology will reach their "electrical breakeven point" (EBP) a lot sooner than the one based on 28nm tech. see: https://bitcointalk.org/index.php?topic=281279.0quoting the relevant table just for clarity's sake: Specs Process Eff (J/GH) [1] Diff (mil) Hashrate (PH/s) Pre-order availability (per manufacturer)
-----------------------------------------------------------------------------------------------------------
KNC 28nm 1.8 [3] 11,600 83.0 Existing: Sept/Oct New: Oct
Hashfast 28nm 0.8 25,100 179.7 Existing: Oct New: not accepting orders
BFL (Monarch) 28nm 0.8 [4] 26,200 187.5 Existing: Feb New: [5]
Cointerra 28nm 0.7 [2] 29,900 214.0 Existing: Jan New: Jan
Device Process Eff (J/GH) [1] Diff (mil) Hashrate (PH/s)
--------------------------------------------------------------------------------------------------
Avalon 130nm 8.3 2,500 17.9
ASICMiner 110nm 7.7 2,700 19.3
BFL (SC) 65nm 5.0 4,200 30.1
Bitfury 55nm 1.0 21,000 150.3
FPGA various 50.0 400 2.9
GPU various 330.0 60 0.4
There are still GPU miners with free electricity....ever heard of the term? |
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HashFast, Cointerra, KnC pending...
they will have 28nm chips. Sure...WHEN?? |
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I am waiting for Weedcoin to emerge - then I will be rich  Seriously, why MC is good for criminals? What is the property that will make it desirable? Anonymity? |
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This is my conspiracy theory slant. I don't necessarily believe there is such a conspiracy. I only present the arguments for everyone to contemplate. > You mentioned one that BC might be a government operation because of certain features it has.
> What are those features that point to possible government involvement? 1. The following can be fixed in a new coin. 2. List of Bitcoin features that might imply NSA sponsorship: a. Mining of new coins ends 2033 (drastically decreasing in 2020s). Mining (which is what makes the coin blockchain ledger decentralized and secure) will then be financed by transaction (tx) fees. But tx fees are optional, thus some miners could offer free tx fees. Thus imagine corporations such as Amazon (Bezos just bought the Washington Post) gaining a huge advantage by offering no tx fees, which they then earn back by getting favors from the government (e.g. tax loopholes, favorable regulation advantages, etc). b. A cartel with 51% of the mining computational power can control the decentralized coin blockchain ledger. Imagine what a cartel of fascist corporations could do, same as point #a above. To make this worse, the Proof-of-Work (PoW) hash used for mining is 1000x faster on ASICs (specially design custom IC chips), thus it is becoming dominated by those with big capital. I may have solved this problem. I designed a hash (only in my mind thus far) that (I think) makes ASICs (and game card GPUs) on level playing field with CPUs in our PCs. Thus the majority will always have 51% of the computational power in my coin design. c. There was no anonymity built into Bitcoin. The coin ledger is a roadmap to/from everyone you've ever transacted FOREVER. d. Bitcoin's blockchain ledger can't scale to Visa-scale. Thus clearly it won't work as a new currency for the world. Thus it appears to be a tracking device to catch all those liberty-minded individuals, then a non-solution come 2033 when it is time to morph to a new world order currency system. Thus they will just morph Bitcoin to centralized in order to scale it up to Visa-scale and get their digital tracking currency. Ditto how Microsoft turned Skype from decentralized to centralized. e. Satoshi claimed to be Japanese, yet used American English vernacular. No one had every heard of him, never heard from him again, yet he hoisted such a perfect design that no one else has thought of. This takes resources.If NSA can't find him (probably we will never know) then he is NSA! |
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Now tell me again, who is late for the game??
Sure not Bitfury, BTCGarden or Labcoin.
HashFast, Cointerra, KnC pending...
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LOL you doubt they will sell out??
Even damn erupters sell out every time...
This is $32 per GH/s for raw chips. Complete systems would be closer to $50 a GH/s. No I don't think expensive raw chips using up to 10x as much power as competitors being released in November will be popular at all. Like you said people could just buy block eruptors, get them in a couple days with no risk. Who wants overpriced, obsolete 130nm chips in November from a company with no rep that bombed their IPO because they got trolled. At this stage is very important to ship a product immediatelly, not its effectivity, as many dont know how to use profit calculators and are affraid they miss the boat This too! It is a race against time IMHO more than of quality (watts/ghs etc)... Err...I think they know this which is why margins upon margins is wayyyy more important that anyone else's claims to be more efficient. That said, competitors have to claim some form of compelling something as they are late to the game, and thus they cannot afford margins upon margins, but only promise a best case scenario based on simulated expectation, which history so far has told us is unlikely to be the case... They and labcoin have chips (for labcoin: https://bitcointalk.org/index.php?topic=263445.msg3034787#msg3034787). KnC?? |
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We will be assembling a test K64 tomorrow.
We really don't know what's happening at Avalon's end. We have not received any communication from Yifu whatsoever.
We are already working on Plan B. Can't reveal anything right now. But will update as soon as we can.
Will the k64 be ready tomorrow? Will you provide a video or some other kind of proof? You don't know what's happening at Avalon? Neither does anybody else, have you called them on behalf of your customers, because... you have a responsibility to find out? Plan B? What nonsense is this, and you can't tell us what it is because why? Perhaps you can't tell us why because you are the worst business person on the fucking planet and had no contingency plan for a disaster like this! Please see the below post in regards to what type of communications people are asking for, https://bitcointalk.org/index.php?topic=192916.msg3033196#msg3033196How about you take your head out of your ass and do something for the people that trusted you with their funds! Hey man, people here are trying to work for a solution (TH and us). I understand your criticism but it is counterproductive atm. Stay here for keeping them on track but do not lose temper please because we are all tense and this can only worsen things. I remember you are out of this - so leave us handle our own business! Thank you. |
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We will be assembling a test K64 tomorrow.
We really don't know what's happening at Avalon's end. We have not received any communication from Yifu whatsoever.
We are already working on Plan B. Can't reveal anything right now. But will update as soon as we can.
Solid, Thanks for the update! +1000 |
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For the test run we opted for QFP packaging, 44 pin, no exposed heat pad, here is a small preview :  AMAZING COMPANY!!! |
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LOL you doubt they will sell out??
Even damn erupters sell out every time...
This is $32 per GH/s for raw chips. Complete systems would be closer to $50 a GH/s. No I don't think expensive raw chips using up to 10x as much power as competitors being released in November will be popular at all. Like you said people could just buy block eruptors, get them in a couple days with no risk. Who wants overpriced, obsolete 130nm chips in November from a company with no rep that bombed their IPO because they got trolled. At this stage is very important to ship a product immediatelly, not its effectivity, as many dont know how to use profit calculators and are affraid they miss the boat This too! It is a race against time IMHO more than of quality (watts/ghs etc)... |
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You're making no sense. The offered solution is not bad, zerocoin will essentially do the same thing. Anonymity will be the priority. First solution is the one who will prevail, plus it is based on Bitcoin. What are the chances SR will adopt Megacoin while it already has BTC and it finally can go anonymous? Sold 20K MΣC.. Sorry to hear you sold at the bottom. You have more privacy, and control of your money with any Crypto currency than you have with a debit card and a bank. Who knows where Megacoin will be in few months, or a year from now... It could be a big mistake to underestimate it's potential, and our developer. Megacoin and Anoncoin can't provide these...check AnonyMint's posts. I believe he is referring to the posts I made in the CoinJoin thread and about lack of HIGH-latency mix-net in the Anoncoin thread (acknowledged by the developers). Buried because I write so many posts. Dunno - basically I think that you are one of the very few that can deliver a really notable alt. Maybe Kimoto is equally skilled - I would urge him to contact you for some brainstorming or more! |
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You're making no sense. The offered solution is not bad, zerocoin will essentially do the same thing. Anonymity will be the priority. First solution is the one who will prevail, plus it is based on Bitcoin. What are the chances SR will adopt Megacoin while it already has BTC and it finally can go anonymous? Sold 20K MΣC.. Sorry to hear you sold at the bottom. You have more privacy, and control of your money with any Crypto currency than you have with a debit card and a bank. Who knows where Megacoin will be in few months, or a year from now... It could be a big mistake to underestimate it's potential, and our developer. Megacoin and Anoncoin can't provide these...check AnonyMint's posts. Kimoto is the only one qualified to say what Megacoin will, or will not provide or incorporate. Problem is he is not transparent at all, and only big words...Anyway I hope he succeeds because besides of the speculation I will actually USE if it delivers what I want... |
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