Just watch the difficulty skyrocket again.
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$800k for a 28nm full-mask set? This is an amazing offer, at which foundry will I get it that cheap? Get an itemized quote, do you think you pay the full $2MM up front? If you do, let me know I will gladly negotiate for you next time for 10%. that is the payment you will be making PRIOR to your mask. There are other payments, but you seem to have an inkling of what you are talking about so you know that, don't you? That I do not believe KnC is producing a fully designed asic should be obvious by now. What do you mean "a fully designed ASIC" are there some parts left not designed? KNCminer have said repeatedly they are using "28nm standard cell ASIC Chips (which are being designed exclusively for KnCMiner by ORSoC)"
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well, if you are taking preorders for mining HW, posing with the biggest asshole in bitcoin universe is not superclever idea.)
Why not, rivals often pose together, if only to give the trolls something to feed on.
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does anyone have a confirmed shipment date?
EDIT: is refund possible with KnC?
Try actually searching this thread, or simply reading this thread before you post, both these questions have been answered many times.
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In that article, Gox say quite clearly "“We have no problems with liquidity and we never have”.
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You are getting closer to my point. If this is a complete design (and not something more akin to eASIC where you just design one layer), you would typically get on a shuttle (which would mean you would be saying "shuttle run is schedule and we should get sample chips to test and optimize our design in xx days). Then you would spend the $800,000 to tape out a 28nm mask...... who knows? That is what I am saying. we do not know. seems credible but who are the "competitors" that are scared if they know their progress? If I am producing ASICs it does not matter when these guys ship. It just changes the difficulty. It does not help my chips come quicker....
If an MPW batch had been made, then we would have seen a working prototype well before the production wafer run was ordered, that clearly hasn't happened unless they choose to keep it a tight lipped secret, so one would assume it wont and the first sample will be from the production wafers.
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Not to nit pick, but how do you KNOW they have taped out. I do not know they have taped out. I have READ a post from KNC that they taped out but then again I read a post last November from Inaba saying that he had just sent a prototype to the lab for certification testing and we all (now) know that is not true.
That's actually a reasonable point. The truth is we can not be certain that they did tape out, but we estimate based on everything else that happened so far with this company and the backgrounds of the people involved that there is a high probability they are telling the truth. You might be inclined to weigh things differently, but your point is valid - until we see a video of a Jupiter hashing that is (how long KNC? ). Imagine they've got chips ordered and PCBs ordered, I assume they'll receive sample chips early on and sample PCBs--perhaps it's not long before they'll have a couple Jupiters to work on in actuality. We know they promised a Jupiter to that couple doing the documentary on living on Bitcoin for a month was it, and they've probably got one for developing the software and whatnot. So, may not be long now before we see a working unit in actuality, before the others are put together even. Is that not so? Are they likely to receive sample chips or not? You don't get "sample chips" you either get a wafer or nothing, the wafer then has to then go off to be cut up into chips and packaged.
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Has anyone reached any IMPORTANT conclusion yet? Has anyone proven anything? I am on page #42 (and still reading) but this will take much time to end this topic. I am thinking of investing like $10K on their miners but I am a bit afraid. Worth or not? Real and works as should be? Deliver on time?
Probably. Def real, don't know the rest, but have taped out. Not to nit pick, but how do you KNOW they have taped out. I do not know they have taped out. I have READ a post from KNC that they taped out but then again I read a post last November from Inaba saying that he had just sent a prototype to the lab for certification testing and we all (now) know that is not true. Who cares, not me that's for sure, all that matters is if they deliver their products on time as promised right? Trying to put their business under a microscope achieves very little, probably does more harm then good if you force them to waste time responding instead of letting them get on with it.
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Even block erupters at .3GH/s can make an ROI if the price is low enough. 2GH/s is no exception, ROI is all about price per GH/s.
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You want to be less than $40 per GH/s KCMiner is going for around $20 per GH/s but of course that's a much higher GH/s unit, I expect to pay a premium for lower GH/s devices that are actually shipping.
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What is really annoying for people like me is that I ordered 3 Jalepenos in the first couple of weeks. They should have arrived and paid for themselves by now, but I UPGRADED my order to the better mini single, which no one has yet seen!!.
I wish I could down grade my order again. Id be much better off.
If everyone had just ordered Jalepenos the entire BTC net would have been better off, greed for bigger and bigger rigs will kill the ROI for everyone. Avalon made a huge mistake launching a 60GH/s rig straight up, too much of a leap from FPGA. It started a trend which is already causing problems. They should have simply sold 10 x the number of 6GH/s rigs. for a much better balanced net, and they could have charged more per GH/s. Many humans suffer from greed, ordering big rigs straight up is an obvious example of this, like dogs competing for a food bowl. Go big, or go home. Your attitude likely weakens your profit margin. I don't think it has anything to do with profit margin, most crypto miners don't seem to be bright enough to consider such things first. More likely it is the "up size" mentality drummed into the consumer culture, why buy an efficient small car when you can have an SUV? Just borrow more, and spend a fortune on running it. Efficiency was never part of the equation, just having more is all that matters.
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One thing people might not have noticed about the GHz cards, is if you reduce the engine clock down to 1000Mhz, the firmware will reduce the core voltage down from 1.256v to 1.2volts. That may help some people with cooling problems.
Ya I was just mapping the defaults out this past week, and here's what I got: 0.85V is anything 450MHz and below 0.90V is 451-600MHz 0.95V is 601-700MHz 1.20V is 701-1000MHz 1.256V is anything 1001MHz and above I'm running it at 700/550/0.95V cuz I'm sick of the fan noise/heat in my bedroom, and it's almost the same profit (after deducting electric costs). Now obviously if I use MSI AB I can force a voltage, and find a higher clock stable at each setting. For example, my card is stable at 900MHz @ 950mV, which is 200MHz higher than the default 0.95V settings (or 0.25V lower than the default settings for 900MHz, depending on how you're looking at it). l also found that running at 700/0.95v knocks off over 100watts from the power consumption, obviously reducing the hash rate, but improving the rig efficiency/profit. Reduced temp from 76C to 56C, Under-clocking ftw, though it would be nice to have firmware with a few more options between 0.95v - 1.20v Even with the heavy under clock the card is still doing 500kH/s on scrypt, but the system is pulling 220watts vs 360watt when the 7970 was on defaults. at 24cents per kWh, that's significant.
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Josh just announced that all pre-orders will be shipped out within 29 days.
If true, definitivelly best news today. Lol, do you think Phinnaeus Gage is a teller of truth?
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with a difficulty increase of 18% every 2 weeks your ROI is around feb 2014 (70 + 20 % = 84 btc)
And you think the foundries can keep increasing ASIC chip production by 18% every 2 weeks do you? Utter nonsense.
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Anyone know the expected deliver date if I pay today? Thank you
We know already 5390.png has been posted numerous times in this thread!
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If Avalon is mining right now, it would diminish their returns to ship out large sums of ASIC power. BFL is trickling, and ASICminer is overpriced and not making too much of an impact outside of their internal operations. There are a number of decent projects on the horizon such as BitFury, KnC and others -- if Avalon is mining they can maximize their return by postponing shipment of their chips for as long as possible... Correct me if I'm wrong?
Well, Yifu did say during the conference that at one point in the past, they had a choice of making "$3million the next month" by mining or making "a lot less" by building units (perhaps in reference to Batch #1). So it's entirely possible. It's unknown how much they're actually able to make on this chip deal with TSMC. To even get TSMC's attention is tough enough already, not to mention they don't have the clout of Apple/HTC in negotiating prices. So if they are indeed mining, delaying the deluge of chips could help them maximize current mining operations to build a big enough warchest for Gen 2 design/production. It's not like KNCMiner or BitFury can immediately take over the market and completely shut Avalon out, so they've got the community by the marbles right now. Even if they delay an extra X weeks (or more) and then ship, the PR damage will be quite heavy (as each day goes by Yifu's phone will be ringing off the hook), but it might be somewhat recoverable once people receive them. They would have to get 1,000BTC per day to make $3mill in a month, are they ASICminer?
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Tuesday, July 30, 2013 Shipping Update by BFL_Jody 07-31-2013 at 12:49 PM (475 Views)
Jalapenos still shipping Nov 14, 2012 pay date
Little Singles shipping June 25, 2012 pay date
Singles June 24-26 pay dates (no orders from June 23 shipped)
MiniRigs from June 23 shipped.
A little bit of all models.
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My Gox screen says: BTC : You can still withdraw up to 100.00000000 BTC provided you have enough on your account (your limit is 100.00000000 BTC per 24 hours ) USD : You can still withdraw up to $1,000.00000 provided you have enough on your account (your limit is $1,000.00000 per 24 hours and $10,000.00000 per 30 days)
That sounds reasonable.
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What do you suggest, there should be price fixing and no free market? I think price of 25 starter kit will go up to 1850US and no idea hboard will go up to match 12kus. More likely the price of the starter kit will rapidly fall to bellow $1,000 as it gets blown out of the way by the Avalon chip boards and KNCminers at well below $50 per GH/s.
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What do you suggest, there should be price fixing and no free market?
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