considering that they would be in hand in Sept i would max pay BTC18 per Gh
did you really mean Gigahash? You can buy erupters today at 1.8BTC per GH(roughly)  more like 0.9something BTC/GHs Even that's is way to high. eg. a BFL 5GH/s Jalapeno is $274 or roughly 2.6BTC that's about .5BTC per GH/s and their price is rather high by modern standards. Both KNCminer and Bitfury are way cheaper. |
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Ah, my mistake. I see now what you mean. I think anything priced in BTC is going to HAVE to drop in price as the difficulty goes up, regardless of price. People paid xBTC, and they want xBTC mined in return. Anything priced in USD only has to drop if the BTC price remains the same. If the BTC price goes up, they can keep the USD sale value the same. People paid zUSD, and they want zUSD mined in return.
BTC is undervalued for exactly that reason. I think BTC/USD should really be trading at $160 atm and back around $200 by the Xmas. Next year you will need ASIC hardware that's $10 per GH/s or less, nothing that cheap on the horizon. It's the energy, Internet, housing, and interest expenses that need to be covered before you start getting any ROI on the hardware. If you could pay the expenses with BTC the story would be better. I laugh at Block Erupters, even at .35BTC that's about $100 per GH/s making them the most expensive ASIC around. And people still buy the things in droves! Just shows you the lack of smarts in the BTC mining community. |
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Thursday, August 15, 2013 Shipping Update
by
BFL_Jody
08-16-2013 at 01:19 PM
Jalapenos: December 5, 2012 pay date
Little Singles: Sept. 10, 2012 pay date No Little Singles shipped today
Singles: June 30, 2012 pay date (I still had some Single Upgrades to ship for 6/28-30)
MiniRigs: MiniRigs for June 23 (2nd 500gh/s unit) and July 21 for 1st 500 gh/s Yay, December shipping for Jalapenos, might even see the first 2013 orders shipped next week if we are lucky! Little Single starting to make some progress too. Other units oh well.... |
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Yifu is definently a f*$# boy, but isn't the more plausible scenario that a bunch of Chinese chip orders have already arrived because they don't have to deal with outgoing and incoming customs checks. AND that Yifu was being at least slightly dishonest/incompetent.
The chips are made by TSMC in Taiwan, they pass through customs to get to China. For these chips, they could've been made in Shanghai at TSMC Fab #10 which opened in 2004. TSMC Limited, Fab 10 4000, Wen Xiang Rd., Songjiang, Shanghai, China 135 Boxes reportedly containing 2.1 million chips were shipped from Shanghai to Hong Kong on June 25th. Except Fab 10 is 130nm and I haven't see any news about it being upgraded to 110nm or smaller. Presently, TSMC's Fab10 mainly uses 180-nm process and turns out about 45,000 wafers per month. After the capacity expansion is completed, the foundry factory's monthly output will be expanded to over 49,000 units at the end of this year. Furthermore, the firm is also going to upgrade the factory's production process into 130-nm, which will further drive up its maximum output. http://www.thefreelibrary.com/TSMC+ready+to+expand+output+at+Fab10+in+Shanghai.-a0235281019 |
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Yifu is definently a f*$# boy, but isn't the more plausible scenario that a bunch of Chinese chip orders have already arrived because they don't have to deal with outgoing and incoming customs checks. AND that Yifu was being at least slightly dishonest/incompetent.
The chips are made by TSMC in Taiwan, they pass through customs to get to China. |
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2) Primecoin is not a Currency
Prime is less secure than bitcoin, more prone to 51% attack (attack can happen with even less than 50% priming power) as stated in white paper.
Prime still takes minutes to confirm, not 3-4 seconds like Visa => no average Joe will ever use it, even if Sunny has plans to promote it, speaking of which...
There is no plan for any further development. This start to look like PPC - pump and dump scheme, just waiting for the next Primecoin alt to be released with a few parameters changed, like different difficulty algo, for example.
Besides that, Primecoin is pretty much a Bitcoin clone with different hashing algorithm.
So Bitcoin is not a currency either? Not a good currency I think is what he meant. |
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finally some sha256 coin  Yes, about time, I was actually thinking of doing one with similar specs, saved me the effort. There is so much money being spent on ASIC hardware, yet there are so few coin choices! Shame about the high block rewards, the coin will probably never be taken seriously as the result, I would have started with 20 coins per block not 1,000. |
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Alright, here's my config:
CPU: i5 2500k
MoBo: ASUS Maximus V Gene
RAM: Crucial Ballistix Tactical Tracer 2x4GB @2133Mhz
VGA: MSI R7970 Lightning 3GB GDDR5
MON: BenQ RL2455HM 24" 1ms
HDD: OCZ Vertex 4 128GB, WD 500GB AAKS, WD 500GB AAKX
Case: Thermaltake Overseer RX-I - OCZ ModXStream Pro 600W
SND: ASUS Xonar DGX
OS: Win7 Ultimate 64-Bit
I just want to make my Integrated GPU from the CPU work for Youtube and usual work on the PC, while the discrete GPU will do the mining 24/7 at the same time..
My monitor has 2xHDMI inputs, 1xDVI, 1xVGA... Motherboard has 1xDisplayPort, 1xHDMI outputs.
How to connect everything and use my graphics card for mining separately while having my Integrated GPU working for Youtube etc... ? How to setup, what to turn on/off, change.... ?
Please help...
Plug the monitor into the on board video socket and only mine on the video card. |
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And also take in mind that KNC have stated that "the spec of Jupiter will remain a guaranteed minimum 400 GH/s we can confirm that we are expecting to be over that mark by a considerable margin."
I just want to know what "considerable" means... 10%... 25%... what is considerable? It's irrelevant as they don't have an working samples yet, it's just marketing spin until they actually measure it. |
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My apology's, It appears all the Avalon chips were on that UPS plane that crashed in Alabama. We however will ship out replacements as we get them in. Estimated 4-5 weeks
I doubt it, the most likely scenario is Avalon sold your chips to someone else for a last minute offer too good to refuse, probably from someone local. The chips are gone, Yufi is gone, your BTC is gone, Avalon don't need business from the west now the local market is booming. Just speculating, based on the flood of Chinese ads for Avalon chips that have suddenly started to appear. |
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How is the power supply even an issue at this point, this companies been out for what 3-4 months now and has always stated that their product would come without a PSU.
People honestly thought they would have it so EVERYONE that ordered had to open up the case to put the PSU in?
So strange!
It was obvious from day one that the CAD drawings of the units on the order page didn't have the cutout for an ATX supply to be internal. |
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Did the upgrade option just expire for the Saturn->Jupiter? I thought this was only going to be removed tomorrow Friday or did they run into issues?
cheers
Actually, it wasn't removed, it was sold out. Anyways, KNC put 50 more :  Upgrades use chips too, they have to take them from other allocations. |
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Too many princesses in here. I don't care what it comes in, as long as it is able to hash then it's all good!
Just Show US the Asic Chips. no, they don't have chips now. Chips are on their way to KnC. Don't like to disappoint anybody here, but it's technically impossible that the chips are already on their way to KnC, if they did tape-out mid of July. The wafers are still being processed in the 28nm fab. After that the wafers must be dieced to dies and put in the package, before it is a chip. They will not have chips in their hands before mid of September, earliest, in absolute best case with a perfect supply chain of several 3rd parties, which all have to give the KnC chips the highest priority. Reality doesn't matter, people here will still want to see the chips. I am quite sure that KNCminier will take pictures and tell us when they arrive, I mean they published case photos when it arrived. |
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eCoinomist: Thank you for your thread and i accept any feedback, being constructive or otherwise. But it seems almost every point you brought up could be said about any coin. Why do you think Primecoin is more useless than others?
It requires special miners, the bread an butter of mining is things like cgminer which doesn't work for xpm. Actually, the opposite. Any computer can mine XPM, however, you need dedicated mining rigs to mine all the other non-CPU friendly coins. What are you going on about? You can't CPU mine XPM with cgminer, as I said, it requires a special miner. You seem to be confusing a miner with a mining rig. |
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Who's deploying then? The network hashrate seems to be going up in lockstep with the amount of hashrate we are shipping out, give or take a slight deviation.
Avalon Batch #3 have just been delivered over the past week or two. |
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The CE certification for the Raspberry Pi board was a requirement of their distribution partners, not the EU. http://www.raspberrypi.org/archives/852How many weeks did you say you wanted to delay shipping of the KNCminer products? I am not sure if all the other people here quite heard you. |
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- The cost savings between the slightly smaller case can't be all that significant - I bet that any standard configuration, ordered in bulk is <$50.
- A high quality (gold rated) PSU will generate little additional heat inside the case and is obviously easy enough to design for servers with far larger power requirements.
- Customs is either going to want to open the case and look inside or they aren't. I can't imagine the size of the case nor the amount of free space inside will convince them one way or another.
I don't buy those reasons as justification - I still see this as a less efficient way to run 100+ of these units in a large operation. For the small miner (myself included) it's no issue - it's the serious mining operations that won't be as thrilled.
Good, lets hope it impedes large 100+ operations, we don't need that kind of net hash concentration. The case is already 400mm wide, a 19"rack is 450mm, where are you going to put an ATX PSU and all it's cables? Putting a PSU inside the case has enormous effect on airflow, hence cooling. The way they have done it is clean, no cables in the air path, no PSU trying to divert the airstream with it's own fan. The case would have to be massive, and expensive, do we need another BFL Minirig? Customs problems with Avalon units and internal PSU have had numerous reports, even mentioned on their site. |
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However, we're in agreement. There seems to be little reason to have a case which cannot accommodate the PSU to be an internal component and allow for proper rail mounting and max density. If anything, I'd put this in the category of making things more difficult for KNC to sell to massive operations - it's annoying, but not necessarily a deal breaker. Maybe there's some other reason that I can't think of why they'd design the case as such - beats me though.
There are good reasons not to have an internal PSU, additional expense, more heat to get rid off, and there is no problem convincing customs that it's not a mains power device that requires certification. If you need other cases, have them made and perhaps sell them on eBay as well. All the BFL models except the 500GH/s use external power supplies. |
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Cooling case material and appearance aside. Here is the real issue. These were supposed to be professional mining machines. I have yet to see a 4U machine with an external power supply. Further, in an average cabinet, where would you put said external power supply and be able to close the door? Do we just have to eat rackspace and deal with cable management for 3cm bundles per machine? Seems like a nightmare. I have to be honest, I've got a fairly sizable order with them and at this point I'm debating asking for a refund and/or selling them. Their product is starting to look more and more like the cobbled stacks of FPGA boards on stand-offs with fans zip tied to them and USB hubs taped everywhere, not that they're doing this, but it has the design and foresight of.
-1 KnC Miner.
They are not 4RU they are 200mm, they were not designed as rack mount devices. Most data center rack shelves are up to 900mm deep, lots of space for the miner and PSU. If you can't deal with it, then you shouldn't be putting a mining rig in a data center the first place. These are not for amateurs, you probably don't even understand your insurance obligations. I agree, you should ask for a refund, it's much smarter not to be mining at all, then with a miner that doesn't quite have the case you like. |
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