28 BTC in a day. It was about 4 TH/s.
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I've called BioInfoBank. The secretary will contact Leszek Rychlewski (tytus) and let him know about the problem.
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Quoting the same again and again? Cut it, please.
Tytus is now engaged with the 100TH, but it was just planned to stimulate picostocks.com, which should be in future a platform for "kickstarting" different scientific projects. When the 100TH runs at full speed, he will have time for decisions. If reinvesting can help to stimulate (I think it can), he may go this way. (My opinion is based on the businessplans and what Tytus wrote.)
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Was: We are aware that predicting the difficulty growth rate can be difficult due to the large number of undisclosed miners and new entrants. That’s why we’re dedicated to offering the best prices now and in the long term. Although the difficulty rate is up at a exponential growth rate we are quite confident that the difficulty rate will not pass 350 Million within 4/5 months as that would require an additional 3 PH or e.g. 50,000+ Gen1 Avalon units to be shipped before December.
xCrowd will be the best hedge against near term difficulty increases due to our low prices. We’re also offering a discount of 50% to double your hash rate if the difficulty rate rises beyond 200 million before we start shipping. If the difficulty rate passes 200 Million before we start bulk shipping, our customers will receive a 50% discount on any future blade or unit purchases.
For example, if you purchase a low-entry eight blade Olympus unit you will be able to upgrade to another additional eight units for just an additional $3,996. If the difficulty rate passes 300 million you can request an additional upgrade for just 25% of the original price. For example: a 16 blade Olympus unit will only cost $9,990 (excl shipping & PSU options) when upgraded at a difficulty rate of 300M+.
Regardless of the future, we can assure you that we will always set our prices according to your expected ROI, which makes xCrowd the best bet for a long time to come. Now is: We’re aware that mining the network can be difficult due to the large number of undisclosed miners and pools. The difficulty rate is growing exponentially. Still, we’re confident that 300 million won’t be reached within the next four to five months. After all, we wouldn’t have started if that was so—it would mean an additional 2.7 Peta Hashes or, for example, 40,000+ Gen1 Avalon units to be shipped before December.
xCrowd will be the best hedge against near term difficulty increases due to our low prices. We’re also offering a discount of 50% off your next order (of the same unit) if the difficulty rate rises beyond 300 million before we start shipping. If the difficulty rate passes 200 Million before we start bulk shipping, our customers will receive a 50% discount on any future blade or unit purchases. For example, if you purchase a low-entry eight blade Olympus unit you will be able to upgrade to another additional eight units for a total price of 200 MH/ $. If the difficulty rate passes 300 million you can request an additional 100% of your total order at no extra cost aside from shipping and tax. A $7992 eight blade Olympus unit can be upgraded to 16 blades at 2.4 TH/s for free, excluding shipping, tax, and PSU options.
Regardless of the future, we can assure you our price of 200 MH/s per dollar makes xCrowd the best bet for a long time to come. The sentences are promising but a bit incoherent. Someone who wrote them, has troubles with maths. For instance the 200 MH/s per $ rate means $750 for a 150 GH/s blade - now it costs $999, with a 50% discount it would cost $500, not $750. Also the 30% of (100%+10%) price was calculated improperly at the shop pages (both with and without PSU). Strange. If there is really a team of engineers, who no one of them is asked for help in calculations?
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-send a team member to China to in-person test this rig
Good news everyone!And greetings from Shanghai! Just got batch of 20 boards from the factory and tested them. They work perfectly! We're still on schedule! Some pics: Maglev from Pudong airport and H-board gets vertigo.
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Isn't it a bit hard for the factory to test properly a chip with such a high power requirements? Without a radiator? How many test beds can deliver ~200 W to the chip?
Each chip is mounted on its own PCB. If the failure level of the chip is high (many engines are faulty), they simply replace the PCB with the chip.
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Sebastian, search for a name "Bitfury".
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Adding that should give about a total of over 25 BTC daily. To be seen 100 confirmations later...
Your numbers are way off. With ~400TH (currently) on the network (more being added daily) - 2TH/s would be 0.5% which is ~18 coins/day No. My numbers are good. The are calculated for current difficulty, which determines current earnings. Yours 18 BTC is estimated for 400 TH/s, while next difficulty will depend on mean hashrate of current period, which is smaller.
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(...)
You need to back of a little, you are really sounding like a shill. Even sounding like a shill (not for me though), Bitcoinorama is one of the most helpful people here. Bitcoinorama, thank you for your enthusiasm. And thank you for editing the quotes now. (Earlier I was fed up with lenghty unedited citations, especially when reading the thread on small screen of the smartphone. If one has no time or will for editing, it's better to use 'Reply' button rather than 'Quote'.)
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I see 368G at the pool at the moment. Software is reporting 380G noncerate, 420G overall processor hashrate.
This gives current frequency of over 5 BTC per day. 1.6TH are on their way to Tytus FedEx immediately - so I would expect conservatively 5 days.
Adding that should give about a total of over 25 BTC daily. To be seen 100 confirmations later...
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I would imagine the people that have paid 19k and not received their units yet would be pretty pissed off seeing the Oct price down to less than half of what they paid. Obviously Bitfury responded to KNCminer's pricing, let's see what BFL and Avalon do. Two different prices were there from the very beginning. People had a choice. The price for August delivery was clearly matched (equal $ per GH/s) to BFL offer for end of August (BFL_Josh was predicting backlog fulfillment by the end of August then). The price for October delivery was matched to current KnC offer.
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100 confirmations means predictable incomes in next ~16hours. Nice...
"We plan later"
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(@JackRabiit - Read this (and BFLS) thread from the very beginning. You will understand more. @Epoch - Starting from July 2012 the shares had greater value, because the hardware was promised to be upgraded with an early order. The future income was accounted for into a current price of the shares at GLBSE. For many months people were waiting to have this fulfilled. Now, because of too strict BFL policy, the promise cannot be kept. Josh surely tried but failed to explain to them that the ordered ASIC upgrade (at least half) is a (kind of) property of the BFLS(.RIG) shareholders, not of him. In other words, it's shareholders' order, because the machines to be upgraded are theirs (funded by them). BFL holding back the implementation of the order, is doing harm directly to shareholders. Josh's lost income from ASIC is replaced by a salary. The shareholders have no such a reimburse. Maybe it's time for shareholders to explain it to a decision-making person.
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Most often confirmed skills of John Skrodenis at Linked In:
Online Marketing Marketing Business Development E-commerce Employee Relations Social Media Social Media Marketing SEO Digital Media Social Networking
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We've got info on KNC's die size and the like, how about an update to the OP? The link links to KnC's own news with fresh technical details and especially 43 mm x 43 mm die size. I just can't believe the die will turn out to be that large. Nobody builds 43x43mm dies. You didn't follow the link, did you? That's a quad solution: four dies on one chip. Each one is 21.5 x 21.5 mm and should have 25 GH/s, but it gives us the same η value as one 43 x 43 mm die outputting 100 GH/s..
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It seems the current formula attaches too much importance to the process node (the path width). I think it should be counted with power of 2 not 3.
No, it shouldn't… please re-read the original posting. The feature size is counted to a power of 3 to account for reduction in area (factor of two) and the decrease in gate delay due to decreased channel length (an additional factor of one). Please provide some sort of justification (...) I think accounting for decrease in gate delay kind of duplicates accounting for reduction in area. We can prepare any metric and keep to it, but a metric is useful if it gives us results conforming to real world values. The η-factor definition implies that simply going from 130 nm to 65 nm we get 8-fold speed increase (keeping die size constant). Is it real? My impression is the η' (using power of 2) better represents what we get. However, we have too little samples yet, to be able to decide which one actually is better.
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Not to add to the table yet, until the chip is working.
Thanks RHA, I appreciate you collecting this data and putting it in table form. Please let me know when the vendor confirms these numbers (hopefully in something other than a video…) and gives a ship date so we have know when we can reasonably expect third-party verification. You didn't read the thread carefully enough, did you? Just four posts earlier: We've got info on KNC's die size and the like, how about an update to the OP? The link links to KnC's own news with fresh technical details and especially 43 mm x 43 mm die size. So: KnC Promised Figures Design | MH/s | Device | Process node, $\lambda$ | Area | η (H*pm/s) | KnCMiner | 100.0GH/s | Custom | | 1849mm2 | 148.40 |
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2. Power supplies needed for the miners 3. Shipping costs 4. Setup work to install the miners 5. Incidental repairs and replacement costs
-Power supplies will still be extra -$350 will cover hosting, but not repairs and replacing parts, and currently dont know if there will be an extra installation cost? They wrote (on 6/3/2013; bolded by me): We will also be offering tailored hosting of our own devices. Hosting packages offered will be specially made for each hosting customer. Please contact us at info@kncminer.com for more information about hosting. Some benefits of hosting: No costs for shipping/import taxes All costs included not hidden extra management fees Your hardware will be monitored 24/7 by our staff Your box will hash for you on day one 95% uptime guarantee For those of you interested in hosting choose Stockholm pickup as the shipping mnethod We will release final costs soon and if you want to use our hosting that’s fine, if you want to then have the box shipped you can simply pay for the shipping and we will ship your box instead. Why would we pay for repairs or replacing parts of machines/PSU being under warranty? It's ok to pay after the warranty period (12 months) if mining on them is still profitable then. But... What is the source of info about PSU not included in 6 x $350 hosting fees? It would be better to ask them officially all those questions. No NDA is needed for that.
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From the last report: "The best time we are getting for the completion of the process is 2013-07-25." Let's wait patiently until this date. What else can we do?
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