Interview with the CEO of bitmain

[toptek]

I normally don't  make my own posts or threads but this one i had to :

how many saw this ?

I won't give my imo to much on this post even thu i made it . to much BS in it .  I don't mean from you all , i mean from bitmian my comments won't be nice.

I just found it funny as hell some of the stuff they said so they could justify the price jacking .




http://insidebitcoins.com/news/exclusive-interview-with-jihan-wu-of-bitmain-on-s7-block-size-debate-and-more/34658



if this is the wrong forum  sorry please move it.

[VirosaGITS]

Hahh, thats pretty interesting.
I have mixed feeling about the AntRouter. (I don't see why "That's the product that people wanted).
I don't how high density, super loud miners are "Home oriented". Sure the size is convenient, but the noise is unreal. China's typical households must be really loud or something.

And now looks like the S6 was "not offered"... so they kept it all to themselves?

And S9 will be on 16nm it seems.

[dogie]

And now looks like the S6 was "not offered"... so they kept it all to themselves?

Not offered = have chips + could make something S6 shaped + lets just wait. The S*even* has to clear rack space of something earlier to be sold in any volume, but there wasn't enough of an improvement to do that.

[notlist3d]

Maybe I don't see it but unless they release some new information on router I don't see it as a "dream" product.  I see it as a neat gimmick.

But if they are truly competing with routers out there it won't be beating my nighthawk.  Even my tplink nano I have for travel they would have to do a lot to beat it.

[sidehack]

And now looks like the S6 was "not offered"... so they kept it all to themselves?

Not offered = have chips + could make something S6 shaped + lets just wait. The S*even* has to clear rack space of something earlier to be sold in any volume, but there wasn't enough of an improvement to do that.

So they opted for the S4+, which had all of 15% improvement over the S4 and a retarded price and still sold out. Then the S5+, which had all of 15% improvement over the S5 and a retarded price and still sold out. I think that logic doesn't really make sense.

[VirosaGITS]

I guess people are still speculating on the BTC value going up to 600s? I don't know, it just seem like there's a world of difference between the perceived value of the miners.

I think i'm part of the logic/pragmatic side;

"Okay so it will most likely take 6+ months to break even before considering price/diff fluctuation and electricity cost. Yeah no, pass."

Versus;

"A new miner? Omg i throw money at screen but its not shipping out any faster ."

Meanwhile i'll put a sidehack stick in my Luci open-wrt router and bam! AntRouter!?

[Biodom]

I guess people are still speculating on the BTC value going up to 600s? I don't know, it just seem like there's a world of difference between the perceived value of the miners.

I think i'm part of the logic/pragmatic side;

"Okay so it will most likely take 6+ months to break even before considering price/diff fluctuation and electricity cost. Yeah no, pass."

Versus;

"A new miner? Omg i throw money at screen but its not shipping out any faster ."

Meanwhile i'll put a sidehack stick in my Luci open-wrt router and bam! AntRouter!?

lol, I don't think that he will market it as such.

[notlist3d]

I guess people are still speculating on the BTC value going up to 600s? I don't know, it just seem like there's a world of difference between the perceived value of the miners.

I think i'm part of the logic/pragmatic side;

"Okay so it will most likely take 6+ months to break even before considering price/diff fluctuation and electricity cost. Yeah no, pass."

Versus;

"A new miner? Omg i throw money at screen but its not shipping out any faster ."

Meanwhile i'll put a sidehack stick in my Luci open-wrt router and bam! AntRouter!?

lol, I don't think that he will market it as such.

He dosent have to we can already do this.  Avalon used the tp nano to control their miners.  You had a choice of raspberry pi or tp link nano with usb.

We have the technology  to make the "antrouter" with existing open-wrt and usb mining stick.  I still laugh they call it a "dream" device.  I want to see specs.  They really would have to do something amazing for it to do something we already cant do with other options.

[VirosaGITS]

Correct. Slapping Sidehack's cgminer(or whoever is doing the coding) on my TpLink is fairly easy and the router already come with USB ports. I could even put a usb hub and run a farm of them on it.

Hence i don't see the point on the AntRouter. It sound gimmicky and also it only mine to antpool. Meh.

[notlist3d]

Correct. Slapping Sidehack's cgminer(or whoever is doing the coding) on my TpLink is fairly easy and the router already come with USB ports. I could even put a usb hub and run a farm of them on it.

Hence i don't see the point on the AntRouter. It sound gimmicky and also it only mine to antpool. Meh.

I think it's their response to bitfury's lightbulb.  They want some item that is for show and fun.  Personally I think the lightbulb was a cooler thing as I cannot build that.

I just wonder what price will be.  If they jack it up to much on router will be funny to see tplink nano + usb miner cheaper.

[notlist3d]

Correct. Slapping Sidehack's cgminer(or whoever is doing the coding) on my TpLink is fairly easy and the router already come with USB ports. I could even put a usb hub and run a farm of them on it.

Hence i don't see the point on the AntRouter. It sound gimmicky and also it only mine to antpool. Meh.

I think it's their response to bitfury's lightbulb.  They want some item that is for show and fun.  Personally I think the lightbulb was a cooler thing as I cannot build that.

I just wonder what price will be.  If they jack it up to much on router will be funny to see tplink nano + usb miner cheaper.

I think they both could be really neat, the light bulb to say a room is full integrated into the network (lights, heat and router). On the subject of the sidehack stick how would you connect it to the tplink directly without a pi? Are you flashing the TPlink firmware?

First you have to have the tplink nano with usb. They make one with it and one without it.   But you would flash it with custom firmware it is a very capable device.

Most went the raspberry pi route, but avalon has used the tplink with their 4.1's using custom firmware.   But it's openwrt custom firmware that run's cgminer.

[tonycamp]

well this new miners are for 2016 and are they represented into specifics?

[VirosaGITS]

Correct. Slapping Sidehack's cgminer(or whoever is doing the coding) on my TpLink is fairly easy and the router already come with USB ports. I could even put a usb hub and run a farm of them on it.

Hence i don't see the point on the AntRouter. It sound gimmicky and also it only mine to antpool. Meh.

I think it's their response to bitfury's lightbulb.  They want some item that is for show and fun.  Personally I think the lightbulb was a cooler thing as I cannot build that.

I just wonder what price will be.  If they jack it up to much on router will be funny to see tplink nano + usb miner cheaper.

I think they both could be really neat, the light bulb to say a room is full integrated into the network (lights, heat and router). On the subject of the sidehack stick how would you connect it to the tplink directly without a pi? Are you flashing the TPlink firmware?

First you have to have the tplink nano with usb. They make one with it and one without it.   But you would flash it with custom firmware it is a very capable device.

Most went the raspberry pi route, but avalon has used the tplink with their 4.1's using custom firmware.   But it's openwrt custom firmware that run's cgminer.

I have messed with flashing the TP link with Openwrt for the HEX miner and it was such a pain and unreliable, they may have been due to the part of that miner but I don't think that sounds like a good solution.

Mine is already on Openwrt, it was fairly simple. I'm assuming you,re saying compiling the HEX miner was hard? I've not had problem with cgminer before.

[notlist3d]

Correct. Slapping Sidehack's cgminer(or whoever is doing the coding) on my TpLink is fairly easy and the router already come with USB ports. I could even put a usb hub and run a farm of them on it.

Hence i don't see the point on the AntRouter. It sound gimmicky and also it only mine to antpool. Meh.

I think it's their response to bitfury's lightbulb.  They want some item that is for show and fun.  Personally I think the lightbulb was a cooler thing as I cannot build that.

I just wonder what price will be.  If they jack it up to much on router will be funny to see tplink nano + usb miner cheaper.

I think they both could be really neat, the light bulb to say a room is full integrated into the network (lights, heat and router). On the subject of the sidehack stick how would you connect it to the tplink directly without a pi? Are you flashing the TPlink firmware?

First you have to have the tplink nano with usb. They make one with it and one without it.   But you would flash it with custom firmware it is a very capable device.

Most went the raspberry pi route, but avalon has used the tplink with their 4.1's using custom firmware.   But it's openwrt custom firmware that run's cgminer.

I have messed with flashing the TP link with Openwrt for the HEX miner and it was such a pain and unreliable, they may have been due to the part of that miner but I don't think that sounds like a good solution.

Mine is already on Openwrt, it was fairly simple. I'm assuming you,re saying compiling the HEX miner was hard? I've not had problem with cgminer before.

It worked for many Avalon 4.1 owners.   So I'm going to assume was the miner.   Don't get me wrong I will probley buy one to play with.  But I'm not that impressed with router with chip.  Not calling it a "dream" product.

[VirosaGITS]

I kind of doubt you're going to get it for cheaper than a tplink 25$+sidehack stick 25$.

I guess we'll see but as with most gimmicky stuff and pretty much everything Bitmain has been selling lately, its going to be overpriced.

[VirosaGITS]

Indeed, i would love to see a 1800gh/450w unit. I don't really care that its double the KG(weight)/GH ratio. I don't really care that i'd have to pay 20$ shipping per TH instead of 10$/TH.

THAT. Is what i want. Not some AntRouter, not some 1400w unit that does 80dB.

[novak@gekkoscience]

What I want to know is how they plan to cool the chip in the router.  Unless there is a little fan or a big heatsink the BM1384 will have to run pretty low end.

I couldn't say what it would cost but it should be cheaper to add something in a corner of an existing board than to make a completely stand alone board.  Now, what they'll sell it for is another story, given their recent market dominance.

It's a much better idea than the bitfury lightbulb because routers already have internet connections.  The lightbulb is just comical because you're adding complex, low volt DC electronics to a high volt AC connection.  Thus you have to have an integrated PSU which adds a lot to the cost, is probably worse on efficiency, and there's still no reason to have an internet connection in your light socket.  Bitmain's chip in a router makes sense, at least conceptually.

--
novak

[VirosaGITS]

What I want to know is how they plan to cool the chip in the router.  Unless there is a little fan or a big heatsink the BM1384 will have to run pretty low end.

I couldn't say what it would cost but it should be cheaper to add something in a corner of an existing board than to make a completely stand alone board.  Now, what they'll sell it for is another story, given their recent market dominance.

It's a much better idea than the bitfury lightbulb because routers already have internet connections.  The lightbulb is just comical because you're adding complex, low volt DC electronics to a high volt AC connection.  Thus you have to have an integrated PSU which adds a lot to the cost, is probably worse on efficiency, and there's still no reason to have an internet connection in your light socket.  Bitmain's chip in a router makes sense, at least conceptually.

--
novak

Well the rated power of the router is 2W. So, very little power to the chip. At the very least it would need to be a BM1385 chip. Anyways not much cooling required. It also mean not much hashrate possible.

[sidehack]

You'd be looking at under 10GH even with the BM1385. Depends on how much power the entire rest of the device takes. Seems like kind of a waste.

[notlist3d]

You'd be looking at under 10GH even with the BM1385. Depends on how much power the entire rest of the device takes. Seems like kind of a waste.

I think you hit the nail on the head.   It is a PR thing they for some reason think will help cloud mining I think.   They have not released hardly anything but I wonder if they can find a way to tie in cloud mining with it.

If they for example have this router have a chip that does almost nothing and shows cloud mining stats.  I feel safe saying your compac is a better miner then whatever this ends up being with the router.