1561
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Bitcoin / Mining speculation / Re: Not worth mining any longer for anyone not already in. Am I wrong?
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on: July 30, 2013, 10:35:30 PM
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People buying ASIC hardware today (even with negative, or LOONG term ROI) are speculating that the price of Bitcoin will go up and that in turn will net a profit from their investment. Additionally, if a Miner is sitting on the BTC they earned and not selling it as it comes in the door, it only goes to drive home the point that they're just speculating vs. attempting to recover income.
In a healthy Bitcoin ecosystem, the ROI on mining should be very, very low in that mining shouldn't be about printing money to make an easy buck. Difficulty should follow price and demand. We're missing an element right now with demand (as Bitcoin still hasn't a solid foothold in retail) but it's getting there.
I disagree. My investment is based on the price going down slightly or staying the same. Bonus if it goes up. As to your second point, someone has to make a profit on mining. If larger profits are gained from being first to market with more powerful mining equipment (and further securing the BTC network), so be it. It must be that way to spur innovation and development.
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1562
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Bitcoin / Hardware / Re: Klondike - 16 chip ASIC Open Source Board - Preliminary
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on: July 30, 2013, 07:40:24 PM
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If anyone still needs the Murata 38L361C inductor, I just received a couple reels of its approved replacement, the Sumida CDEP105NP-0R3NC-88, stamp 0R3NL.
AFAIK these are sold out everywhere, and I had pretty poor luck sourcing the original Murata part from Chinese vendors at any reasonable price, or at all. I definitely won't be using them all, so let me know and we'll work something out.
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1563
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Other / Off-topic / Re: Personality types
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on: July 29, 2013, 10:44:39 PM
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I took this in high school and was an INFP. Took it just now, many years later, and got this. Introverted (I) 71.43% Extroverted (E) 28.57% Intuitive (N) 60.98% Sensing (S) 39.02% Thinking (T) 51.61% Feeling (F) 48.39% Perceiving (P) 62.86% Judging (J) 37.14%
Your type is: INTP
INTP - "Architect". Greatest precision in thought and language. Can readily discern contradictions and inconsistencies. The world exists primarily to be understood. 3.3% of total population.
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1565
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Bitcoin / Mining speculation / Re: Mining bitcoin with 1st gen hw doesnt seem to make sense at all by next year
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on: July 27, 2013, 06:05:54 PM
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Anyone who claims to "know" what bitcoin difficulty will be in 2, 4, 6, 12 months from now is either very confused or purposively trying to be deceptive. I would wager it will be higher than today at any of those timepoints, but how much higher? How many orders of magnitude? Who will actually ship and in what quantities/speed? If only I had a crystal ball If I remember correctly there were many who predicted difficulty would be approaching 80-100 million this month and next. Silly people.
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1566
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Bitcoin / Mining speculation / Re: Why is everyone trying to sell the USB Asic K1 Miner???
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on: July 27, 2013, 01:07:38 PM
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If your goal is to generate bitcoins, these USB miners are great. Not everyone is in it to make gobs of money.
People can be judgmental. Maybe I should examine and pass judgement on my brother's wasteful food purchases, but I don't. He's just throwing money away! Why would he do such a thing, eating at restaurants...
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1567
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Bitcoin / Hardware / Re: Klondike - 16 chip ASIC Open Source Board - Preliminary
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on: July 26, 2013, 02:51:51 PM
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Love the kit idea. How hard would it be with your kit to get the chip attached?
My solder skills are not professional grade.
Not easy, but doable. You'll need a reflow oven or a DIY toaster oven. And the steady hands and patience to place many flavors of resistors and capacitors. There are 192 of one of them. The lead paste Bkk sells probably plays better in a toaster oven.
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1568
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Bitcoin / Hardware / Re: Klondike heatsink sourcing
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on: July 26, 2013, 02:42:06 PM
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I've been busy sourcing all other parts and barely have had time to think about heatsinks. Seems there are a number of things to keep in mind:
First it needs to contact each of the reverse side of the 16 chips, of which there thermal vias to transfer heat out. Easy.
It should avoid the four side mounting holes. This is easily solved by using a 80x90mm size.
With a flat 80x90mm heatsink is there needs to be a small recessed area so not to short out the PCIe pins. You also need four mounting holes drilled through the heatsink for spring-loaded pins. This is where the cost begins to add up.
I've been floating the idea of using two separate, smaller heatsinks, 30x90mm. I don't know, that might be more expensive in the long run and you'd lose precious surface area. Bkk also gave me the idea of using a copper or aluminum shim to raise the heatsink a bit away from the PCIe pins. I'm just thinking out loud now, feel free to chime in with thoughts.
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1570
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Bitcoin / Hardware / Re: Liquid Synergy Designs Inc. -ASIC mining hardware
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on: July 25, 2013, 07:19:13 PM
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Sheesh... people need to read what he wrote c-a-r-e-f-u-l-l-y.
We are receiving orders from chip purchasers other than our own 6 batches, and will not be holding any components in reserve for those that have purchased chips from us.
Translation- if you have ordered chips and only chips, that does NOT reserve any other components for you UNTIL you order assembly. When you order assembly, you are buying those components at that time. His point was to light a fire under your asses to order assembly ASAP, not to say that he's going to shaft all his customers. Give him a little credit, here! That's what I understand. Parts for board assembly are in short supply. I've been sourcing for two days and the demand is definitely outpacing supply on many of them.
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1571
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Bitcoin / Hardware / Re: Klondike - 16 chip ASIC Open Source Board - Preliminary
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on: July 25, 2013, 04:05:59 PM
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No. If you try to checkout it has a step to check availability and will say "error, does not compute". Actually, says error it's not available to order at this time. But perhaps if you "contact sales" they can help you. Their minimum is 750 pcs. I just ordered... wait for it.... 2 pcs. It's all they had left. Perhaps that's the reason for the error. Their warehouse is in CA and their email says they ship same-day so if they get more in stock should be good for US builders. Anyone have experience using Alibaba? As long as it's not Alibaba and the Forty Thieves it looks promising. I see they have an escrow service.
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1572
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Bitcoin / Hardware / Re: Best Way to Power an ASIC / Free Power ?
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on: July 25, 2013, 01:33:24 AM
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I've always dreamed of making gyms into huge generators... put all that fat to work.
Seriously the only way to free electricity is in a dorm type situation or an apartment with paid utilities. Even then you can't go nuts or it will raise suspicion.
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1573
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Bitcoin / Hardware / Re: Klondike - 16 chip ASIC Open Source Board - Preliminary
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on: July 24, 2013, 08:15:36 PM
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I've been trying to keep count. I was going to post that I have both QFN and SS PICs coming to me next week. I thought I had 84 QFN and 186 SS still available. But then I saw <someone> just ordered 100 boards and PICs. So now I have are no more QFN available. I have to get busy again finding more for you! Yeah, that was me. I tried to choose the one you might have more in stock, thinking that QFN is more difficult to hand solder. If you need to split my order into 50/50 I sure don't mind so long as the boards/PICs match up. Or just switch the whole thing. No preference. And to those still needing to source headers.... Ebay
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1574
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Bitcoin / Hardware / Re: Klondike - 16 chip ASIC Open Source Board - Preliminary
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on: July 24, 2013, 07:33:07 PM
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I was able to snatch some parts before but I just stuck with 2 major parts. The 1.2v regulator and the power inductor. The USB controller should be available on the 18 of august or so (hopefully). Do you have any spare of those left? These two are what I'm missing as well. I have a few emails out to China sellers... in the meantime I'll keep looking. As for the USB controller, just order them from Bkk's site. They come pre-programmed.
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1575
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Bitcoin / Hardware / Re: Klondike - 16 chip ASIC Open Source Board - Preliminary
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on: July 24, 2013, 02:52:49 PM
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I just checked through the part list for the k16 and I'm kinda stuck lol. these are the parts I can't find in stock. USB Micro Controller: PIC16LF1459-I/SS <-- I didn't even get one lol USB Micro Controller: PIC16LF1459-I/ML1.2V, 16A Buck Step Down Regulator: IR3895Power Inductor, Low DCR, 18A: 38L361CFerrite Bead Choke: ILBB0603ER600VCeramic Capacitor: GRM188R71E104KA01JPower Connector, MiniFitJr, PCIe: 45718-0002Alternate: Right Angle MiniFirJr, PCIe: 45558-0003Alternate: Phoenix Terminal 2 pin: 1814634 or 1771091Mini USB Connector, Type B: 10033526-N3212MLF <--- I can prob find these on ebay. Not hard to find? Pin Headers, SMD 4 pin Vertical: 14112Pin Header SMD, RA mount (FAN): 11182Also on the shop you have a pre-programmed chip. Whats the name on the parts list? Thanks. PS. Also it seems like they just ran out of the "Dual NOR Gate: 74AUP2G02DC". Unless someone can give me a link, I can't find any :S You have to look harder. I've been able to source all parts but one or two (and the headers, but those should be easy, right?) since I started searching yesterday. Also some of these are available in different packages, ie cut-tape vs reel. I'm not going to give away all my secrets yet until I have confirmation of shipments. If anyone has the hard-to-find items (Murata 38L361C and IR3895) I'd pay a premium, hint hint.
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1576
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Bitcoin / Hardware / Re: Klondike - 16 chip ASIC Open Source Board - Preliminary
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on: July 22, 2013, 12:43:01 PM
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I was thinking about setting up a group buy for the k16 parts. This would help most miners get their units at a much cheaper price. What do you think?
The problem isn't the price but availability. Two parts in particular but a third one probably as well. PIC - SS or ML 0.36 uH Inductor IR3895 The rest are easy and I would have bought heaps to resell as kits with boards if I didn't worry about not having those to complete the kits. If you can locate a heap of those for me I'll put together kits that will equal almost any group buy you could do, since many are ordering boards anyway and postage would not be much more. I'm putting off ordering boards and PICs (need about 100) in hopes that this could happen. However I also have chips coming in with steamboat's batch 1 and want to begin assembly asap. I'm worried that once I place an order the very next day you'll offer the kits Would I be better off sourcing parts on my own and putting in a board/PIC order now? Decisions decisions... what do you guys think?
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1577
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Bitcoin / Hardware / Re: Klondike - 16 chip ASIC Open Source Board - Preliminary
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on: July 19, 2013, 08:37:30 AM
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But I do like the idea and would like to offer that. I guess in the end, if I can't get parts then neither can my customers on their own, most likely, so they don't really lose out. How does everyone feel about that? Pre-sell kits and then see where the chips fall?
Thank you so much Bkk. I would definitely like to see this option.
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