Internet tough-guy - just like the Heroes at BFL hiding behind CGI vaporware and an old lady for the past 2 years.
Josh the Troll, I'm gonna make you a promise. God help you and that con, Sonny, if I ever make any real money in these Cryptos. There's a legion of angry men out here whom you have personally robbed and at whose expense you have unjustly enriched yourselves and there's nothing more these men would love than to see you and Sonny sobbing in court as you try to lie your way to freedom. Cause if I do get enough money I will do anything in my power to assemble the finest class action suit this industry has ever seen. And I don't know about everyone else, but I have kept all the wonderful emails and even the screenshots from BFL chat where you and gang repeatedly insult and lie to your customers, over and over and over again. Winning a civil suit wouldn't be that hard - but I would go for Prison time, cause you and Sonny deserve some alone time with Bubba and Tyrone. And what would be the grounds of this civil suit? A failure to supply the goods that were sold? Doesn't seem so, BFL are churning though their pre-orders, probably about only 25% of the speed they should be, but the bottom line is they are still getting though them. So I am curious as to what is the legal angle here you are claiming? Yes I know in the US you can sue for anything you can possibly think of in your wildest dreams, but lets keep it sensible. |
|
|
|
Price drop on the USBs - now 0.035BTC each - minimum order 10.
Buy 50 in one order and get a 49 port USB hub included.
That doesn't seem fair, how do I run the 50th one?  Plug it into your PC. |
|
|
|
Hey Barntech,
If you want to provide us the other forum and use it, gotta clean it up a bit.
i cant see a fuckn thing the whole first page is spam!
might have to resort in those silly screen captcha things where you type in the numbers/word in the picture.
Damn, whats with the spambots, why the attraction to our forums ? Spambots attack most forums and wordpress sites etc. basically any site where you can register and post content other people can read. captcha is essential. |
|
|
|
Something that sparked my curiosity from reading the last 10 pages, if you're against alts and convinced they're 'dead' and useless, WHY are you in the alt subforum?
This is a Litecoin thread, not an "all alts" thread, that's why. Just because some people drift off topic doesn't mean the whole thread does. There is a chance LTC might be picked up in China a bit more as the brother of LTC developer Coblee is the owner or btcchina that has been having the massive BTC rally this month. |
|
|
|
yeah i hope it will be under 0.5BTC.
I'm not sure RealSolid can raise that much Bitcoin now the price is 200$
The value of mcxFEE has dropped from 1BTC down to 0.62BTC in the past week, not a good time for a new issue. |
|
|
|
On GPU, mining the most profitable scrypt coins is about 4-6x more profitable than mining BTC even when you factor in the merge coins.
That's not quite right, the profitability calculators used for pool jumping don't factor in power consumption, because they don't know what your hardware is. A GH/s of GPU uses way more power than a GH/s of ASIC, otherwise these million dollar mining farms would be using GPU's to mine scrypt and not ASICs to mine BTC. I specifically said on GPU True, but that's not what's happening, most of the BTC hash rate is not GPU, therefore on your pool site where it says currently that LTC is 4.26 x more profitable than mining BTC that's misleading because it presumes the power consumption for mining both coins is typically the same, and it is not, which has a huge effect on profitability. |
|
|
|
On GPU, mining the most profitable scrypt coins is about 4-6x more profitable than mining BTC even when you factor in the merge coins.
That's not quite right, the profitability calculators used for pool jumping don't factor in power consumption, because they don't know what your hardware is. A GH/s of GPU uses way more power than a GH/s of ASIC, otherwise these million dollar mining farms would be using GPU's to mine scrypt and not ASICs to mine BTC. |
|
|
|
They will not eat them. Leszek or whatever his name is, is getting them at $25 or less so he'll run them, Dave will host the shit for him.
You think they want to sell retail? They priced it so that it is worthwhile their time to even bother. They are busy producing them, setting them up, maintaining them. Retail is a side show.
Yeah, that's always been a problem with Bitfury, their sales outlets compete against their customers. That's just wrong, it's really cowboy stuff. |
|
|
|
|
Thanks, as usual an interesting read.
|
|
|
|
|
A small point, but I hope drillbit sends kano a device to say thanks for all the work he put into writing/supporting cgminer, hardware donations keep the show on the road.
|
|
|
|
|
Twice now I have cancelled a sell order and the funds don't appear back in the account, the last time I raised a support ticket, do I have to do that each time, or is there some wider problem that is being looked into?
|
|
|
|
Finally a healthy correction. It's expected.
Yeah a bit of a dump at Gox $200 as Europe wakes up, hopefully not too drastic yet, still think this rally has some steam I it. |
|
|
|
Going off topic a bit here... But in 2014, the bulk of the sales of bitcoin hardware will be those products that are low cost, high performance and low power. Ie: Complete Systems (not chips) selling for <$3/GH in early 2014, <$2/GH in mid 2014, and probably even <$1/GH by end of 2014 (assuming a die shrink to hit that figure). There will be no die shrink in 2014 and probably not in 2015. +1. 20nm doesn't offer much over 28nm (30% speed increase, more density or less power - read TSMC's page on this). 28nm will be the standard for most of next year I think, if not longer. Intel have been doing some 14nm, but lot's of yield problems. 28nm will be the best ASIC price/performance point for a couple of years I reckon. http://www.xbitlabs.com/news/mobile/display/20131017232018_Intel_14nm_Atom_Airmont_Processors_Are_On_Track_for_2014.html |
|
|
|
Bahaha  This makes me wish there a "like" button on this forum! ... No offense Erk. But yeah i do think gh/w is a worthy discussion topic. I haven't got good answer for you yet on that unfortunately, but as soon as i do i'll share them with you all, but basically the theoretical maximums already discussed shouldn't be too far off, somewhere in the vicinity of 1W per GH. And regarding the hashrates, yes th ahrdware is built to achieve the hashrates stated in the title of the thread. From here it is software tweaking, overclocking etc to get it up to those rates. More soon. Barntech I don't have a problem with the discussion on GH/s or PSUs, however let me quote you: Hey all.
Yes let's keep discussions on specific things over on the forum at drillbitsystem.net/forum. I'll try to jump in there when i can to answer questions. I'll also try to do up a specs sheet thingy which will hopefully address most of the questions being asked.
As for USB cables, i have decided that because i love you all so much, i'll send USB cables free with the miners when we send them out, so you don't need to worry about those.
Barntech
I think this is a good idea actually. Why don't we do that; continue PSU, cooling, heatsink, bitcoin apocalype/revolution tec discussion over at the forum and keep this one clear for getting more people 'on board'  ... I'm not too fussed, but i did like the way individual discussion could be started over there. Please feel free to keep using it everyone. Barntech What can I say. |
|
|
|
Market Last Volume (24h) Bid Ask High Low
bitstampUSD 181.3300 33,855.94 181.32 181.97 182.00 166.05
btcnCNY 1174.0000 33,424.54 1175.00 1175.90 1176.80 1027.50
mtgoxUSD 194.2000 23,756.82 193.52 194.50 197.39 183.20
btceUSD 173.6990 10,279.13 173.12 173.70 174.00 158.53 bitcoinwatch.com data. Gox starting to look like a minor player lately. |
|
|
|
Bitmine,Blackarrow & I think Hashfast are around 1/2 watt per GH,looks to be about the best coming.So @ .8 watts per GH is pretty good,for a 55nm chip even  Beats the hell out of BFL 65nm(5 watts per GH) & Avalon 110nm(6 watts per GH) & maybe thier 55nm may come close,but who would buy Y I FU's crap  Bitmine and Hashfast haven't shipped a chip so we know nothing. Why are we even talking about this in the Group Buy thread, keep it on topic please. How is talking about power efficiency of ASIC chips used in Drillbit systems off topic? This factor determines the usefullness of the drillbit boards, and helps people to decide whether or not it is profitable to gamble by buying more boards. There is a http://drillbitsystem.com forum for discussing these things please try and keep this thread for group buy discussions. |
|
|
|
Bitmine,Blackarrow & I think Hashfast are around 1/2 watt per GH,looks to be about the best coming.So @ .8 watts per GH is pretty good,for a 55nm chip even Beats the hell out of BFL 65nm(5 watts per GH) & Avalon 110nm(6 watts per GH) & maybe thier 55nm may come close,but who would buy Y I FU's crap Bitmine and Hashfast haven't shipped a chip so we know nothing. Why are we even talking about this in the Group Buy thread, keep it on topic please. |
|
|
|
What's the consumption at 1.6Gh? Some people mostly care about Gh/W, the total hashing power being a secondary stat.
The very top of the OP states 0.8W/Ghps. Is there any information on how the W/Ghps for these chips compare to other ASIC vendors (KnC, CoinTerra, Monarch, etc)? To me this determines if the chips are useable for a long time, or if they are just a short term novelty that will be useless in a few months. I was burned by just how inefficient the Avalon gen1 chips were compared to other ASIC vendors, as a result they will be shut off soon just like GPU & FPGA rigs. I'd prefer something that makes sense to leave running for awhile... Although possible, nobody runs them at 0.8Watt/GH/s more likely to be at 1.0w or more if you overclock. There is plenty of information about the Bitfury chips in the Bitfury development thread under custom hardware. |
|
|
|
There are several other asic miners using the same chips that are getting between 2.5 and 2.7 GH/s per chip so it is most likely a matter of tweaking. It is not like you can go to the book store and pic up some code examples and be on your way with these custom asic chips.
I know Burnin Mining was shooting for 5Ghash/s per chip using an external clock BUT I haven't heard anything about that again. So, My guess is 2.5 and stabile. To get to 2.7 it is probably going to be pretty inefficient for guys like me with .28 kwh electricity to pay for. Close close, so exciting! A real miner and not just an erupter. Bitfury spec their chips at 2GH/s anything higher is an overclock and required decent cooling, voltage tweaks etc. I certainly won't be running the chips above 2.5GH/s. |
|
|
|
Ok, first things first, we now have hashing stable at 1.6 GH/s per chip! ... Now i know that sounds low, but there's still lots more tweaking to be done to get that rate up, which means we're getting close on the firmware (and by close i mean ACTUALLY close  ) Barntech, 1.6 GH/s is ~60% of 2.7 GH/s What's current hashing speed expectations ? do you think you'll be able to get 2.7 GH/s with thumbs and 21.7 GH/s for boards ? that's thru overclocking, right ? Cheers. What does the title of this thread say? I would imagine that would be the current expectation. |
|
|
|
|
Show Posts
