thoughtfan
|
|
November 22, 2012, 10:48:50 AM |
|
@ thoughtfan
I do not know who you are, but you have earned my respect with you insightful. helpful and community building advice. Many thanks to you and yours on this Holiday weekend.
We need more folks like you!
Thank you - and to you
|
|
|
|
Badonkadonk
|
|
November 22, 2012, 11:00:53 AM |
|
god this thread makes me.... HALF FACEPALM? every single time i click in on this thread...
|
|
|
|
niko
|
|
November 22, 2012, 03:17:15 PM |
|
Since when is a ROI of less than 2 years insane? Most investors can only DREAM of such numbers!
For me, as long as a miner achieves a ROI better than the stock market (an average of 10% a year), I'm happy. Of course, depreciation and the like must be calculated in as well, but certainly, paying off a device in only 2 years is not a bad deal IMO. If you are finding better investments than that, please do share!
Also Frizz, the BFL Single was originally 40GH/s, bumped up to 60GH/s, which is a 50% speed increase. Learn to research, please.
Two years is insane in case of mining because it takes much less than two years to design and manufacture the next generation of ASICs which will push your rigs into the "never profitable" category.
|
They're there, in their room. Your mining rig is on fire, yet you're very calm.
|
|
|
poon-TANG
|
|
November 22, 2012, 04:00:08 PM |
|
Lol .....ill buy them for 9 cents
|
|
|
|
ewibit
Legendary
Offline
Activity: 2955
Merit: 1050
|
|
November 22, 2012, 04:01:58 PM |
|
Since when is a ROI of less than 2 years insane? Most investors can only DREAM of such numbers!
but very often electronic devices are after 2 years bad, especially if they run 24/7...
|
|
|
|
fcmatt
Legendary
Offline
Activity: 2072
Merit: 1001
|
|
November 22, 2012, 05:07:19 PM |
|
Since when is a ROI of less than 2 years insane? Most investors can only DREAM of such numbers!
but very often electronic devices are after 2 years bad, especially if they run 24/7... Agree. Anyone who has 5+ video cards running over the last year knows this well. These are not ibm/hp/sun servers we are talking about. A rma costs a lot of time and money in this here mining thing. Can set you back a long ways.
|
|
|
|
SLok
|
|
November 22, 2012, 05:56:14 PM |
|
@ Slok At the moment the only problem with the Avalon device is it's electrical use. That alone won't bother people much if you sell it at the beginning when the rate of return and resell value is high.
This won't be a viable sell though if I wait too long to and the margins shrink.
I hope this answered your questions.
It did, thanks for that. Like you said, with the small differences between specs on the Mh/s side, power usage is all when it comes to the point of getting a reasonable fast roi or not. I used 120W for the host pc's for the jalapeno and little SC, but a 20W netbook would suffice, and cut the power usage to run the jalapeno by about 85%, and for the little by 50%. With all the talk of ROI... (and admittedly, my eyes kept blurring out at all of the talk and figures and assumptions), I don't remember exactly what exchange rate people were assuming when working out their ROI numbers to begin with.
So, are people assuming that the price is going to stay the same as they are now?
-- Smoov
Although assuming is the mother of all major fuck ups, at the moments it's all we have. Play around with http://tpbitcalc.appspot.com/?
|
WARNING! Don't trade BTC with Bruno Kucinskas aka Gleb Gamow, Phinnaeus Gage, etc Laundering BTC from anonymous sellers, avoid! https://bitcointalk.org/index.php?topic=649176.msg7279994#msg7279994 #TELLFBI #TELLKSAG #TELLIRS WARNING! Darin M. Bicknell, a proclaimed atheist, teaching at the Jakarta CanadianMontessori School. Drop your kids there at your own risk! WARNING! Christian Otzipka - Hildesheim is a known group-buy scammer, avoid! WARNING! Frizz Supertramp, faker with dozens of accounts here! WARNING! Christian "2 coins to see SLOk's" Antkow, still playing his little microphone... WARNING! Slobodan "Stolen Valor" Bogovac, faking being a Professor WARNING!Marion Sydney Lynn, google him, errr her, errr.. and lol
|
|
|
poon-TANG
|
|
November 24, 2012, 01:37:41 AM |
|
BFL better get their sh!t together and get the ball rolling............. https://www.btcfpga.com/forum/index.php?topic=104.0***Important - please read closely*** It is for this reason that we are going to grow our hashing cluster to 8 ASICs. With two clusters on the larger unit, it will conservatively produce 72GH/s. Yes, this is very good news - a 33% increase in hashing power! Yes, this means the 27G unit now becomes a 36G unit. These initial numbers are conservative estimates, but we expect that firmware and software updates will be able to iteratively increase hashing power as well.
|
|
|
|
Badonkadonk
|
|
November 24, 2012, 01:57:15 AM |
|
BFL better get their sh!t together and get the ball rolling............. https://www.btcfpga.com/forum/index.php?topic=104.0***Important - please read closely*** It is for this reason that we are going to grow our hashing cluster to 8 ASICs. With two clusters on the larger unit, it will conservatively produce 72GH/s. Yes, this is very good news - a 33% increase in hashing power! Yes, this means the 27G unit now becomes a 36G unit. These initial numbers are conservative estimates, but we expect that firmware and software updates will be able to iteratively increase hashing power as well. they still use more power to run
|
|
|
|
Starlightbreaker
Legendary
Offline
Activity: 1764
Merit: 1006
|
|
November 24, 2012, 02:37:28 AM |
|
BFL better get their sh!t together and get the ball rolling............. https://www.btcfpga.com/forum/index.php?topic=104.0***Important - please read closely*** It is for this reason that we are going to grow our hashing cluster to 8 ASICs. With two clusters on the larger unit, it will conservatively produce 72GH/s. Yes, this is very good news - a 33% increase in hashing power! Yes, this means the 27G unit now becomes a 36G unit. These initial numbers are conservative estimates, but we expect that firmware and software updates will be able to iteratively increase hashing power as well. they still use more power to run how is this a concern?
|
|
|
|
Badonkadonk
|
|
November 24, 2012, 02:59:18 AM |
|
BFL better get their sh!t together and get the ball rolling............. https://www.btcfpga.com/forum/index.php?topic=104.0***Important - please read closely*** It is for this reason that we are going to grow our hashing cluster to 8 ASICs. With two clusters on the larger unit, it will conservatively produce 72GH/s. Yes, this is very good news - a 33% increase in hashing power! Yes, this means the 27G unit now becomes a 36G unit. These initial numbers are conservative estimates, but we expect that firmware and software updates will be able to iteratively increase hashing power as well. they still use more power to run how is this a concern? that they use more power? how is it not?
|
|
|
|
Starlightbreaker
Legendary
Offline
Activity: 1764
Merit: 1006
|
|
November 24, 2012, 03:05:11 AM |
|
not sure why people are concerned over the estimated ~120w. assuming it's 10c/kwh, it's ~$9/mo.
that's lunch money.
|
|
|
|
Sitarow
Legendary
Offline
Activity: 1792
Merit: 1047
|
|
November 24, 2012, 05:15:07 AM |
|
not sure why people are concerned over the estimated ~120w. assuming it's 10c/kwh, it's ~$9/mo.
that's lunch money.
considering the cost of the bASIC $1069.99 usd vs BFL/Avalon $1,299.00 usd. The power cost for bASIC at $9 month would take 25 months before it could be a concern. Or at the cost of bASIC at 1069.99 USD vs BFL/Avalon $1,299.00 USD. the savings of $229 when going with the bASIC option would get you one of these units with 6 USB ports WIFI Ethernet at less then 35w consumption. http://www.memoryexpress.com/Products/MX40952 at 129.99 you have a good power solution to boot.
|
|
|
|
Merrick
Member
Offline
Activity: 113
Merit: 10
|
|
November 24, 2012, 06:15:27 AM |
|
I just want my asic. :/
|
|
|
|
creativex
|
|
November 24, 2012, 06:53:54 AM |
|
HOLY CRAP! bASIC is now $14.84/Gh vs BFL's $21.65/Gh! BFL had better ship first or Tom will eat their lunch.
|
|
|
|
LiteBit
Legendary
Offline
Activity: 1133
Merit: 1050
|
|
November 24, 2012, 08:27:39 AM |
|
@Sitarow Just curious about your sig advertising? Why 72 GH/z?
|
|
|
|
mrb
Legendary
Offline
Activity: 1512
Merit: 1028
|
|
November 24, 2012, 08:29:26 AM |
|
Since when is a ROI of less than 2 years insane? Most investors can only DREAM of such numbers!
but very often electronic devices are after 2 years bad, especially if they run 24/7... Agree. Anyone who has 5+ video cards running over the last year knows this well. These are not ibm/hp/sun servers we are talking about. A rma costs a lot of time and money in this here mining thing. Can set you back a long ways. You are wrong. An RMA costs practically nothing compared to the cost of buying and operating the cards in the first place. Typically $15 to ship the card (in the US), with a downtime of only 1-4 weeks to get it replaced. I peaked at running about 90 cards (running for 1-2 years). I speak from experience and having to RMA a total of 10 cards.
|
|
|
|
ice_chill
|
|
November 24, 2012, 08:48:24 AM |
|
HOLY CRAP! bASIC is now $14.84/Gh vs BFL's $21.65/Gh! BFL had better ship first or Tom will eat their lunch.
No word if their power consumption is competitive.
|
|
|
|
creativex
|
|
November 24, 2012, 08:51:28 AM |
|
@Sitarow Just curious about your sig advertising? Why 72 GH/z? Because Tom(& Dave) just announced that he's adding 2 more chips to each cluster on his bASIC products. Therefore the bASIC 01 goes from 54 -> 72Gh and bASIC 02 goes from 27 -> 36Gh. Quote from https://www.btcfpga.com/forum/index.php?topic=104.0Where is the design at now? The design of the smaller bASIC unit grew from 2 ASICs per board to 6 in a cluster, each ASIC producing 4.5GH/s (safely) for a total of 27 GH/s. As you probably know, digital computers/microprocessors operate using the binary (base-2) number system. This somewhat naturally leads to architectures that most efficiently have their components (such as I/O signals, communications paths, memories, etc.) in quantities of powers of two - 2, 4, 8, 16, and so on.
***Important - please read closely*** It is for this reason that we are going to grow our hashing cluster to 8 ASICs. With two clusters on the larger unit, it will conservatively produce 72GH/s. Yes, this is very good news - a 33% increase in hashing power! Yes, this means the 27G unit now becomes a 36G unit. These initial numbers are conservative estimates, but we expect that firmware and software updates will be able to iteratively increase hashing power as well.
|
|
|
|
creativex
|
|
November 24, 2012, 08:54:15 AM |
|
HOLY CRAP! bASIC is now $14.84/Gh vs BFL's $21.65/Gh! BFL had better ship first or Tom will eat their lunch.
No word if their power consumption is competitive. Quote from: https://www.btcfpga.com/forum/index.php?topic=104.0Other specs/stats: The expected power consumption remains roughly as anticipated at 80 - 120 watts per unit. Actual measured power consumption will be released as soon as possible. If this is true then I think 72Gh@120w is clearly competitive.
|
|
|
|
|