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It means the Jally will still pay for itself in around a month.
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If all the June Minirig orders have received at least one 500GH/s unit, that's quite a few TH/s added to the net already.
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How come it's called a promotion when it's only for existing owners?
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Thank You terrahash!
I just wanted to publicly Thank You for making a substantial license payment to me for the boards you have under way. I thought it would be good for your customers to know that you have been taking the steps to make this "officially endorsed". If you ever need my assistance I'm always here.
Thanks for putting in the hours! |
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Agreed, no other way to interpret that agreement. Not much we can do about it though, so good for you to make a better deal than we did.
Did you even try? |
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Hopefully Bitburner or BKKCoins or one of the other devs will start on a standalone Bitfury chip based board in the near future. (Or possibly even license c-scapes standalone ethernet version and run with it...)
Yeah well, if Avalon proves to be an unreliable supplier, then I am sure the DIY board devs wont want to keep working with their chips for long. Is it so hard to ship chips? Not like you are waiting for any other parts from suppliers. Perhaps they ran out of cardboard boxes and packing tape? |
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So what's the latest? Does KNCMiner look on track for September delivery?
Read the thread. |
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Batch one for Zefir was delivered on July 23rd https://bitcointalk.org/index.php?topic=177827.msg2790248#msg2790248They were ordered on April 16th. Yufi's NO Bullsh#t terms state 9-10 weeks. 10 weeks would've been June 25th, so they were 3-4 weeks late. MAYBE I am ok with this, IF - the other batches were sent with the same "late-ness". Batch 2, 3 were ordered 4 days later. Batch 4, 8 days; batch 5 12 days. Zefir should have had them July 27th, July 31st and today. Shipping one batch and then holding the rest for no known reason IS BS. If there are problems why isn't Yifu on here saying something? Silence is the answer man; he is deliberately withholding them or he is using them for other ventures. Either way he made a terrible decision. Personally if he had never sent the 1st batch, I'd be more interested into what problem there could be. But sending the 1st batch and then ......... ? Extremely low-blow.  He will reap what he sows though. Welcome to the world of pre-orders, in any other market nobody would order, but in the ASIC market, common sense makes way for greed, and so far the greedy are usually disappointed. Hopefully that will get better as more players enter the market and we switch from a pre-order to stock on hand model. |
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The WSJ article was BS and has already been retracted, time to close the thread.
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Has anyone here with BFL bulk chip orders have an estimate/update on when they should be getting their chips? I know BFL said '100 days' but they also said '2 weeks'. I 'm just wondering if its worth it to get 100 of their chips + these boards, or upgrade my KNC Saturn...
There is no way they could get a batch of chips in 2weeks, it takes 2months just to make wafers, then they have to be cut up and packaged into chips by another company. 100days sounds reasonable. |
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There must be a reason that KnC chose to put 4 dies on a chip instead of one big phat chip. Presumably having one package with 4 dies on it, is cheaper to produce than 4 packages. Also, if they had smaller chips, each of 25 GH performance... would anyone care? the marketing impact sure looks good when everyone else has MH chips or at best a 4 GH chip and you come out of nowhere with a 100 GH chip! that's a HUGE leap! No comparison. Would people have been blown away so much if they had only announced a 25 GH chip? (even if the same total gigahashes were in a Jupiter box, made up of a higher number of lesser chips)
KNCminer do not put 4 dies on a chip, it's a single die, I suggest you look at their R&D diagram properly at the grey area labeled die. @Ytterbium: WTF are you? You've been here all of two weeks, how about some STFU?
Just add him to your ignore list. Lets try and get this thread back on track. |
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Well, they just got a $200m investment. Hopefully they'll be able to provide compensation for everyone who's orders were delayed  The USD200m story appears to be misreported FUD about Avalon Ventures, which is different from BitSynCom llc (company name is not Avalon) It's highly unlikely that the WSJ would make that mistake. Especially since they seem to know about the 20nm TSMC deal. |
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Looks interesting, how do you see the project, as another private mining farm like ASICMiner, or an improved commercial supply chain for Avalon hardware sales? |
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BFL_Jody
Saturday Miscellaneous Answers
by
BFL_Jody
08-04-2013 at 01:08 AM (4067 Views)
Difference between products: The Jalapeno and the 5gh/s Miner are the same at this point. Those who ordered the Jally are guaranteed 4.5 gh/s + or - 10%. Those ordering the 5 gh/s Miner are guaranteed 5 gh/s + or - 10%. They ship 1-4 per box. The original case and power consumption was supposed to be smaller, so the price we originally charged was lower. With the new parameters, they cost more to make and ship.
Why wait so long to double staff: Our staff makes what we get everyday. If they build all they get everyday, doubling the staff is pointless. Now that more boards are coming daily we can build more each day with more people.
Why I don't tell you when you will get your product: I don't make predictions on this blog, because I don't know. When someone here does make a prediction it can be wildly off and then you are angry. We started by telling people when we thought the whole product line would be shipping and everything we thought changed in many ways. If I say I will arrive at work in 20 minutes and then there is an accident on the highway, I run out of gas, the passenger in my car chokes, there is a detour, my car stops running, etc. I may not make it in 20 minutes. We mapped out a plan to create an ASIC product, but having never driven that road before we did not anticipate the things that happened along the way. I do see that we are shipping more and more units everyday as the Production Manager irons out the kinks in our supply chain, but we have hiccups along the way. We depend on overseas manufacturers of parts, carriers that deliver to us (and to you), board manufacturers and many others. We have some parts air-freighted to us while the rest are coming by boat. Since we had to re-vamp our entire product line there are some parts that changed and in various stages of shipment. Recently, one key part was supposed to come in a box of 100. The box broke in shipment and FedEx delivered a broken box with only 20 parts in it. I appreciate all the posts telling us how to multi-source parts arriving at different times and that is what we are doing. The back-picture here looks very different from what you speculate is happening. And no manufacturer goes online to tell their customers about every detail of their production process.
Luxury of having our customers pay in advance: The customer decides whether he will take the offer of paying in advance and getting in line or not buying the product at all. If you don't want to pay up front and assume part of the risk of the production of the product, don't order from us. We have always stated that all sales were final unless we fail to make any product.
Some say we have shipped very few products: If you complain that we ship little and that the difficulty is rising rapidly, you just don't understand how this whole BTC thing works.
I know I haven't answered all your questions, but these are the ones I can answer right now. I do like the bit about shipping little, but the difficulty is rising rapidly. Kind of a contradiction. |
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I agree erk, that the scenario you lay out would be ideal. I think, though, that it is likely the winning companies will be the ones to deliver the most current in chip technology.
Until now ASICs have not used the most cutting edge designs. Catching up to the most current tech should slow this growth rate a little bit. Rather than being locked to what is achievable by the bitcoin community, it will be limited by the main technology curve.
How many people make mining rigs from HD 7990 cards? They would be the most cutting edge design atm. Most mining rigs are HD7950 based for ROI reasons, as the cutting edge generally costs more. There is a sweet spot. There is not much electronics in an ASIC miner when you pull them apart and have a look, compared to say a GPU card, so the margins on the components are really high atm. That will fall with 5 or more manufacturers fighting for market share over the next 6mths. the price wars are on, you already have this crazy phenomenon where people are cancelling their spot in one pre-order queue, just to get into yet another pre-order queue from a slightly cheaper vendor!
I don't know why people refuse to get this - if mining companies have chips on hand, and they don't have customer pre-orders to fill, then they are just going to mine with them, and will only sell at exorbitant prices!
...
I don't believe that for a moment, as the sale revenue for a device that takes you most likely less than an hour to build, is way more than the weeks it would take to get the same money from it by using it to mine. |
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We love you more. So we will provide you more perf/$ and perf/W. We will not flood the market with dirt-cheap hashpower, but it will be cheaper than others.
The market is unconventional compared to most other IT components. At the moment there are more ASICs producers than there are GPU chip producers for crypto mining. You have ASICminer, Avalon, BFL, Bitfury, KNCminer, and you guys, yet If I want to purchase an ASIC device today, the best I can hope for is a negative ROI Block Erupter, or wait for months upon months in a seemingly never ending queue with cash tied up in pre-orders. I have never seen a market like that before, something has to give. I think the winner will be the company that doesn't rely on pre-orders to fund development/production, and has stock on hand for new product launches. When an item runs out of stock, they stop taking money for it, and send you an email when it's back in stock so you can then place an order. That's how most other online electronics orders seem to work. |
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BTC mining is a drag race, the one who has the most hashing power the earliest wins. I think there's no need for shiny hardware. Unless 28nm cointerra is 10x or more efficient than 55nm Bitfury this hardware is already late in the game. Good luck though, underdogs have certainly changed the rules of the game in the past  . It will be WAY more than 10x efficient than Bitfury Wow! WAY less than 0.08 W/GH/s. Can we hold you to that? If so you should be advertising it in the OP, as that's a pretty unique USP. Perf/mm2 and Perf/W are two different metrics. When someone was asking about 10x more than bitfury, I am assuming they were referring to Perf/mm2. Regardless, we are better than BitFury in Perf/W and WAY better in Perf/mm2. Ah, I thought it sounded a bit too good to be true. It would have been great to have a 1TH/s miner that used about the same amount of power as a lightbulb . I don't want to put words in other people's mouths, but I suspect quite a few people here would read "efficiency" as power efficiency. Silicon efficiency is good too . Silicon efficiency effects price, ultimately your ROI, it's probably more important than power efficiency as most ASiCs are not close to worrying about that yet. |
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I guess I can plug my simple exponential best fit curve which has been tracking pretty darned closely. https://bitcointalk.org/index.php?topic=236050.0Unfortunately I believe its days are numbered... the new projects coming on line are going to accelerate the hashpower being brought onto the network. That being said it is forecasting 1PH global network speed in early November. 1PH/s won't be a problem, it will result in a massive price drop in ASIC prices for manufacturers to remain in the game, currently the margins are huge after the first wafer run is paid off. Hopefully it will teach people not to pre-order and pay a premium for negative ROI products, though I doubt it as most crypto miners seem rather clueless about ROI. |
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@cointerra when can we expect some details about the products? Atleast the technical details of the chips.?
That's a good question, why start a forum thread to discuss a product that has no public information other than it's an efficient, 28nm ASIC chip. When you start a forum thread it usually means you have something to tell the public, otherwise why bother? |
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Here we go again...
lol ASIC startup's seem to be a crowded market. Hasn't really made any impact on supply though. |
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