Interview with the CEO of bitmain

[sidehack]

It's a better miner than a lot of things that are miners and everything that is only sorta miner.

[VirosaGITS]

Meh. (Speculating)It seem like its true purpose is going to let you point your miners to your router and it will act as a proxy of sort. Of course forcing the hashpower to antpool. Otherwise i don't see why the device's hash would be obligatory tied to your Ant/Bitmain account.

What better excuse than this to gather more TX fees from mined blocks?

[novak@gekkoscience]

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.

Wow, ok, I hadn't looked at the details much and I missed that.  Yeah, no cooling required but major waste of a chip.  And they do specifically say (in the interview) it's a BM1384.  It's probably running 100MHz or even less depending on how much of that 2W is available- you're talking closer to 5GH/s.

--
novak

[VirosaGITS]

Oh wow i missed it the part where it said it came with a BM1384. What a waste! O.o

Q:Will AntRouter waste energy?
A:Router’s rated power is only 2W, Its consumption is negligible.

My source;
https://bitcoinnewsmagazine.com/antrouter-r1-the-router-that-mines-bitcoin/

[densuj]

I don't understand why bitmain is not make scrypt miner.  

[novak@gekkoscience]

Oh wow i missed it the part where it said it came with a BM1384. What a waste! O.o

Q:Will AntRouter waste energy?
A:Router’s rated power is only 2W, Its consumption is negligible.

My source;
https://bitcoinnewsmagazine.com/antrouter-r1-the-router-that-mines-bitcoin/

Yeah after you said that I looked it up and found that same thing.  And it is ridiculous to use a BM1384 in that router, it's _got_ to be intended more as a proxy or something more than a miner and the ASIC is just hype. 

In the not pessimistic department, I could imagine that they could build in some kind of wallet features which would be very nice- basically, caching blocks and running a proxy so you could run a wallet on another machine which primarily stayed offline (but was not out of date due to caching).  Bonus if the router functions as an "airlock" where bringing up a connection between router and wallet machine disconnects the upstream port, so you have a full featured and updated software wallet that never goes online.


--
novak

[sidehack]

Say, that sounds like a pretty great product idea that we haven't found time to build yet.

[notlist3d]

I think he is out of touch the each time i read "Mining bitcoin with the router is a long time dream for the Bitcoin miners.".   It just makes me wonder if he was not aware the other options to currently do this, or if he really thinks my dream is to mine with an router.

I just keep thinking there is some software that ties it in with another bitmain product most likely antpool, or I still think possibly cloud mining.   That is their reason to make them think it will make profit.   

I cant wait till more information is know.  The more we talk about it the more insane it seems.

[dogie]

I don't understand why bitmain is not make scrypt miner.  

Because it turns out no one actually wants scypt miners.

[novak@gekkoscience]

I think he is out of touch the each time i read "Mining bitcoin with the router is a long time dream for the Bitcoin miners.".

Bitfury thought their lightbulb was a good idea because power was already run to it.  Bitmain thinks their router is a good idea because it already has power and internet.  What they need to be looking for are things that need HEAT.  That's what bitcoin miners produce as a side product.  Otherwise you wind up with lots vastly underutilized chips and/or large amounts of support hardware per chip.  It becomes so much easier to just buy a real miner than to try and distribute them badly over things that aren't made to run bitcoin mining chips.

Just compare eg, usb stickminers to larger miners, the price per GH is terrible comparatively.  With the bitfury lightbulb you not only have a buck circuit and comms per ASIC as with USBs (or couple ASICs, honestly don't know how many are in there but thermally- not many.) but also a whole AC->DC conversion, ethernet, and controller.  You're marginally better off with this router as it already has a controller but in order for it to not burn extra power they've apparently clocked the chip down so far that it'll never make enough to justify the extra board space.

--
novak

[toptek]

I don't understand why bitmain is not make scrypt miner.  

Because it turns out no one actually wants scypt miners.

I disagree, to many want them and A2s still sell well and the L1's  bitmain prerecorded sold out with in hours or days i forget which, so its there .



Most of the time , i agree with you , more want them then you think . some are in fact bitcoin miners, they like doing both.

[notlist3d]

I don't understand why bitmain is not make scrypt miner.  

Because it turns out no one actually wants scypt miners.

I disagree, to many want them and A2s still sell well and the L1's  bitmain prerecorded sold out with in hours or days i forget which, so its there .



Most of the time , i agree with you , more want them then you think . some are in fact bitcoin miners, they like doing both.

They are not going to do it.  They looked into it once with the L1, took pre-orders and the whole thing.   But they decided it was best not to make machine.

I don't see after the L1 going to crap them trying it again.  But i could be wrong.

[dunand]

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.

My only complain is the noise. I buyed some C1 miners because they were quiet.

[toptek]

I don't understand why bitmain is not make scrypt miner.  

Because it turns out no one actually wants scypt miners.

I disagree, to many want them and A2s still sell well and the L1's  bitmain prerecorded sold out with in hours or days i forget which, so its there .



Most of the time , i agree with you , more want them then you think . some are in fact bitcoin miners, they like doing both.

They are not going to do it.  They looked into it once with the L1, took pre-orders and the whole thing.   But they decided it was best not to make machine.

I don't see after the L1 going to crap them trying it again.  But i could be wrong.

I know i had a per order for one my point is ,  it is not because on one wants it like he said because it did sell out with in hours or days i forget which. it's another reason that had to do with some thing Zeus did around that time , i can't be convinced diff. if you were following all the events  or  all the scrpt miners that were due out about then . Zeus back out and ripped off a lot of people some of which have yet to be paid back told them pretty much go jzDFCJKashld off .The market is there Innosilicon proved and has the best Scrpt miner around even KNC can't match it but it cost im saving for one . I like doing both coins . it's not weather bitmian will or won't or even why  because the why is not the real reason.


and the S7 i won't even go there we need other company's selling to the public so bitmain has to  keep prices low and calling it a home miner, that's a joke . but that remains to be seen yet if you can use quieter fans which,I'm sure you can we only know what they tell us unitll those that can afford it let us know with proof. I'm hoping sidehack can get nice a supply of chips I won't say at a reason price that's not gonna happpen but i hope he can i will  pay 700 to 900 bucks for two custom S7 boards. or buy one,  if they can run a long side a S5 18 pin board.

[toptek]

I don't understand why bitmain is not make scrypt miner.  

Because it turns out no one actually wants scypt miners.

That's the lie of the century, how about you ask your bosses for a real answer and not just one pulled out of behind your tail.

I was being nice .

[sidehack]

The question is, how many large industrial customers care about scrypt? Bitmain hasn't really cared about individuals or low-volume customers in a long time. If their farm customers don't want scrypt, Bitmain won't make scrypt no matter how many shallow-pocketed forum denizens band together in protest.

To be fair, I also don't care a whit about scrypt.

[toptek]

The question is, how many large industrial customers care about scrypt? Bitmain hasn't really cared about individuals or low-volume customers in a long time. If their farm customers don't want scrypt, Bitmain won't make scrypt no matter how many shallow-pocketed forum denizens band together in protest.

To be fair, I also don't care a whit about scrypt.

I know you don't but a a lot of us do it actually a lot of fun which is why i do it but to make money off it no way not now at one time you could and a lot . you can now but nothing you could . please don't get me wrong im  glad there is some one like you out there still that cares enough to want to keep the shallow-pocketed forum denizens going ty man .  i take that as a  honor not a insult.  IM not kissing you ass or just saying it either .all ready said way more then i wanted to about this interview.

I guess my whole point is again he shouldn't say it like no one wants it, I'm bing nice, i wont say lieing.  just not the whole truth.


 i see your point but i started out on litecoins and moved to bitcions and like doing both coins and made some stupid  buys a while back with Zeus miner because i thought they were going to sell upgrades and save some cash could have  bought a few A2 instead .

[toptek]

The question is, how many large industrial customers care about scrypt? Bitmain hasn't really cared about individuals or low-volume customers in a long time. If their farm customers don't want scrypt, Bitmain won't make scrypt no matter how many shallow-pocketed forum denizens band together in protest.

To be fair, I also don't care a whit about scrypt.

If I remember correctly doggie has stated that the L1 was actually made and I think it went to a large volume customer and that is why we never saw one in the hands of the public. I may be wrong on this but it was something to that effect.

he did i believe it now with thia interview and some of the shit the CEO said. i remember seeing some one selling batch two L1's for awhile then they were gone . what got me about that was L1 batch 2 .

[dogie]

I don't understand why bitmain is not make scrypt miner.  

Because it turns out no one actually wants scypt miners.

That's the lie of the century, how about you ask your bosses for a real answer and not just one pulled out of behind your tail.

No, its not. The L1 was never made [at least the first time around, who knows what they do quietly] because the sales numbers weren't what anyone thought they would be. You say they sold out, but the number that sold was paltry compared to any S* model. Legitimately almost nothing, and certainly not enough to justify a chip batch.

[graymatter]

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.

They skipped the S6 generation in lue of the S7, the construction / maintenance and shipping costs of the S7 are more economical than the larger rack mountable / form factored units, such as the S4 / S4+ / S2 generation.  The may or may not bring this form factor back in the S8 as it is not nearly as economical for bitmani