B-Eleven sha-256 ASIC miner

[notlist3d]

Well, I have ordered a semi-professional noise meter and an IR-thermometer, because they have confirmed once again that they expect this miner will arrive soon.  Can't wait to get my hands on it.

Do you not find it odd they are only who has said soon?   Normally a site or two will talk about it if really close.

I think it's further out then "soon', but I would love to be wrong.  But i just don't see the chatter I expect us to have once it's close to release.

[philipma1957]

Well I read soon as mid Jan to late Jan

[RichBC]

Well, I have ordered a semi-professional noise meter and an IR-thermometer, because they have confirmed once again that they expect this miner will arrive soon.   Can't wait to get my hands on it.

Do you not find it odd they are only who has said soon?   Normally a site or two will talk about it if really close.

I think it's further out then "soon', but I would love to be wrong.  But i just don't see the chatter I expect us to have once it's close to release.

I still stand by what I said when the OP was first raised this in early October, that the info from 51ASIC just seemed to be a speculative (Scam?) announcement.

Very soon !
NEWEST Miner B-ELEVEN
Heshreyt : 3TH / s, 5TH / s, 10TH / s
Power consumption : 260W / TH
Process technology : 14nm
Price: 500 USD for the TH / s

In terms of B-Eleven I agree with Phil that we are going to be well into January at best before we see product. Also remember they have all the pre-sold Hash to deliver and the Bulk order customers.

Rich

[Searing]

Well, I have ordered a semi-professional noise meter and an IR-thermometer, because they have confirmed once again that they expect this miner will arrive soon.   Can't wait to get my hands on it.

Do you not find it odd they are only who has said soon?   Normally a site or two will talk about it if really close.

I think it's further out then "soon', but I would love to be wrong.  But i just don't see the chatter I expect us to have once it's close to release.

I still stand by what I said when the OP was first raised this in early October, that the info from 51ASIC just seemed to be a speculative (Scam?) announcement.

Very soon !
NEWEST Miner B-ELEVEN
Heshreyt : 3TH / s, 5TH / s, 10TH / s
Power consumption : 260W / TH
Process technology : 14nm
Price: 500 USD for the TH / s

In terms of B-Eleven I agree with Phil that we are going to be well into January at best before we see product. Also remember they have all the pre-sold Hash to deliver and the Bulk order customers.

Rich

Probably this is like the new trend SFARDS started..show a working product eventually ...have the price way to high (some fools will buy) limited guanity lot of 100 (so more $$$ so the wholesalers can sell it at a profit to newbie home miners) very few if any hit the world ..the real goal is newbie IPO $$$ *much richer then home miner newbies*

and then the silence starts when IPO $$$ is reached (or in SFARDS case...they announced another batch 'someday' also in 100 lot buys only)

rinse/wash/repeat

the product annoucne gets the word out shows your chops...gets you IPO $$ plus some chump change from the overypaying small amount of miners you sell to 1st adopter newbies....then make data hall....and run it around again for the next version

seems to be the trend imho (sfard/spondoolies etc)

er again pre-orders are dead..have to show 'some kinda product' but the real point is to get the newbie IPO bucks indeed

[crazyearner]

@Rabinovitch So did you get any more updates yet other than promised a unit, Am sure if already have the equipment it does not take this long for shipping units out no doubt going to be waiting but will be nice to see whats under the hud of one if really going to stick to word and get a unit for testing.

[toptek]

We need a low cost miners that can hash in the the tera's...  The S7 is great and all but it's so expensive..  I'm just a hobbyist miner but with the difficulty increasing all the time, it's starting to suck for us small guys  

Actually some miners are already cheaper as higher BTC price.  This causes  the miners to be cheaper if you were holding onto BTC.  So that is good if holding already, if you are not holding it has no effect.

But i have a feeling "low cost" will not meet where you want it to.  If you want current gen miners you pay for it... and they hold value longer and you can even sell them one day when you go to get new.   If your wanting "low cost" you really need to have lower electricity and then can look at used miners.

I know what you are going to say  but why did it go up that high to start with, if they were selling them for around 3 to 500 per miner . that made no sense but did but my thought on the did doesn't all ways agree with others .

but one thought is they messed up there sells some how and got to far a head of them self and have to make it up some how or the other thing i won't go there .

I don't agree they had to they didn't have to . no one ever has to   .

[toptek]

Well, I have ordered a semi-professional noise meter and an IR-thermometer, because they have confirmed once again that they expect this miner will arrive soon.   Can't wait to get my hands on it.

Do you not find it odd they are only who has said soon?   Normally a site or two will talk about it if really close.

I think it's further out then "soon', but I would love to be wrong.  But i just don't see the chatter I expect us to have once it's close to release.

I still stand by what I said when the OP was first raised this in early October, that the info from 51ASIC just seemed to be a speculative (Scam?) announcement.

Very soon !
NEWEST Miner B-ELEVEN
Heshreyt : 3TH / s, 5TH / s, 10TH / s
Power consumption : 260W / TH
Process technology : 14nm
Price: 500 USD for the TH / s

In terms of B-Eleven I agree with Phil that we are going to be well into January at best before we see product. Also remember they have all the pre-sold Hash to deliver and the Bulk order customers.

Rich

Probably this is like the new trend SFARDS started..show a working product eventually ...have the price way to high (some fools will buy) limited guanity lot of 100 (so more $$$ so the wholesalers can sell it at a profit to newbie home miners) very few if any hit the world ..the real goal is newbie IPO $$$ *much richer then home miner newbies*

and then the silence starts when IPO $$$ is reached (or in SFARDS case...they announced another batch 'someday' also in 100 lot buys only)

rinse/wash/repeat

the product annoucne gets the word out shows your chops...gets you IPO $$ plus some chump change from the overypaying small amount of miners you sell to 1st adopter newbies....then make data hall....and run it around again for the next version

seems to be the trend imho (sfard/spondoolies etc)

er again pre-orders are dead..have to show 'some kinda product' but the real point is to get the newbie IPO bucks indeed

you might be right ,  kind of hate that to .  i get that feeling well never hear from these guys again then one day well see there miners being sold as used some place same thing with SFARDS they will sell off any and all 28 nm miners they have once they start there next gen something like KNC does now . what's  bad is they don't see how it hurts everyone !!! including them, over time  .

[notlist3d]

We need a low cost miners that can hash in the the tera's...  The S7 is great and all but it's so expensive..  I'm just a hobbyist miner but with the difficulty increasing all the time, it's starting to suck for us small guys  

Actually some miners are already cheaper as higher BTC price.  This causes  the miners to be cheaper if you were holding onto BTC.  So that is good if holding already, if you are not holding it has no effect.

But i have a feeling "low cost" will not meet where you want it to.  If you want current gen miners you pay for it... and they hold value longer and you can even sell them one day when you go to get new.   If your wanting "low cost" you really need to have lower electricity and then can look at used miners.

I know what you are going to say  but why did it go up that high to start with, if they were selling them for around 3 to 500 per miner . that made no sense but did but my thought on the did doesn't all ways agree with others .

but one thought is they messed up there sells some how and got to far a head of them self and have to make it up some how or the other thing i won't go there .

I don't agree they had to they didn't have to . no one ever has to   .

Look at how miners have evolved.  I started in GPU day's.  But think asics back to USB sticks... yes you could get them cheaper as they were very cheap to produce.  Chances are we all overpaid quite a bit.

But look at miners now some are huge.  I mean Avalon 6 and S7 are getting some big numbers on speed, and at good efficiency.  So miners of today vs when asics started are very different.

On price each company I'm sure has it's own plan.  But I still think what it mines is considered.  If it's going to mine a lot more for then then selling... then using it themself sounds pretty good.  To sell to another then need a quick profit to justify it vs long term of keeping it and mining it.

Honestly on last two paragraphs I'm not totally sure what your saying if you want to clarify.

[toptek]

We need a low cost miners that can hash in the the tera's...  The S7 is great and all but it's so expensive..  I'm just a hobbyist miner but with the difficulty increasing all the time, it's starting to suck for us small guys  

Actually some miners are already cheaper as higher BTC price.  This causes  the miners to be cheaper if you were holding onto BTC.  So that is good if holding already, if you are not holding it has no effect.

But i have a feeling "low cost" will not meet where you want it to.  If you want current gen miners you pay for it... and they hold value longer and you can even sell them one day when you go to get new.   If your wanting "low cost" you really need to have lower electricity and then can look at used miners.

I know what you are going to say  but why did it go up that high to start with, if they were selling them for around 3 to 500 per miner . that made no sense but did but my thought on the did doesn't all ways agree with others .

but one thought is they messed up there sells some how and got to far a head of them self and have to make it up some how or the other thing i won't go there .

I don't agree they had to they didn't have to . no one ever has to   .

Look at how miners have evolved.  I started in GPU day's.  But think asics back to USB sticks... yes you could get them cheaper as they were very cheap to produce.  Chances are we all overpaid quite a bit.

But look at miners now some are huge.  I mean Avalon 6 and S7 are getting some big numbers on speed, and at good efficiency.  So miners of today vs when asics started are very different.

On price each company I'm sure has it's own plan.  But I still think what it mines is considered.  If it's going to mine a lot more for then then selling... then using it themself sounds pretty good.  To sell to another then need a quick profit to justify it vs long term of keeping it and mining it.

Honestly on last two paragraphs I'm not totally sure what your saying if you want to clarify.

my point is they didn't need to raise the price. why or what i mean really means nothing to any one etc !!! just some random thoughts, i had about how things go up and they don't need to .. and maybe why they did . if you renumber one of there interviews about the S7 how they were still for Home miners , that went out the door with the S5 +, it  was a test but not why  they told us. sorry for what might seem like the rumbling of a mad man. there not .

I love mining but not for the money , it keeps me sane .The money is just candy that comes from doing it.


it actually started with CPU's , i renumber searching the web back when it all started and even had it running on a PC Cpu mining but saw no point then . the rest is history. A friend who is now dead also did it back then. wish i had listened.
 
Just me being old, pushing 60 now or close.

[notlist3d]

my point is they didn't need to raise the price. why or what i mean really means nothing to any one etc !!! just some random thoughts, i had about how things go up and they don't need to .. and maybe why they did . if you renumber one of there interviews about the S7 how they were still for Home miners , that went out the door with the S5 +, it  was a test but not why  they told us. sorry for what might seem like the rumbling of a mad man. there not .

I love mining but not for the money , it keeps me sane .The money is just candy that comes from doing it.


it actually started with CPU's , i renumber searching the web back when it all started and even had it running on a PC Cpu mining but saw no point then . the rest is history. A friend who is now dead also did it back then. wish i had listened.
 
Just me being old, pushing 60 now or close.

I think it is pretty random as this miner does not even have a cost yet that I know of.  There is still a lot not decided.  So saying it's high.... is really  speculation.

But I agree would love to get them cheaper on miners.  But it's based on what you can get partially from mining.  If a mining company could get more why they ever sell gear?

So it's they are going to sell at quick profit.  But with current price of BTC I don't expect it to go down much unless difficulty goes crazy.

[QuintLeo]

One early post mentioned $500/TH, which WOULD be high - but I doubt the actual price when it's released will be that high, unless the price of Bitcoin keeps pushing up.

 I am starting to wonder if it will be Innosilicon A3 based though - the numbers just aren't adding up give everything Innosilicon has let slip about the A3 in the last month or so.

[RichBC]

One early post mentioned $500/TH, which WOULD be high - but I doubt the actual price when it's released will be that high, unless the price of Bitcoin keeps pushing up.

 I am starting to wonder if it will be Innosilicon A3 based though - the numbers just aren't adding up give everything Innosilicon has let slip about the A3 in the last month or so.

My understanding was that they had announced 0.87BTC / TH for large orders of 1PH, that was available until end of November, have seen nothing since. My assumption is that the chips will come from Samsung?


Rich

[Searing]

One early post mentioned $500/TH, which WOULD be high - but I doubt the actual price when it's released will be that high, unless the price of Bitcoin keeps pushing up.

 I am starting to wonder if it will be Innosilicon A3 based though - the numbers just aren't adding up give everything Innosilicon has let slip about the A3 in the last month or so.

I can get a used 'ebay high priced' knc neptune 3.5TH unit for around 750 bucks buy it now ...RIGHT NOW at 1250 watts I think they are?

So that price is not too attractive for something maybe months away imho

 a recent sold example below

 http://www.ebay.com/itm/KNC-NEPTUNE-Bitcoin-Miner-Set-/361435838266?hash=item542741373a:g:xyQAAOSwv-NWVJQB

 anyway just saying they probably will have to do better then that ..unless your elec is so damn cheap (3c-4c kwh) you'll make money on that price for equip anyway

so MAN they will have to really really dump the price per TH down with the above comparison imho

[wlefever]

One early post mentioned $500/TH, which WOULD be high - but I doubt the actual price when it's released will be that high, unless the price of Bitcoin keeps pushing up.

 I am starting to wonder if it will be Innosilicon A3 based though - the numbers just aren't adding up give everything Innosilicon has let slip about the A3 in the last month or so.

I can get a used 'ebay high priced' knc neptune 3.5TH unit for around 750 bucks buy it now ...RIGHT NOW at 1250 watts I think they are?

So that price is not too attractive for something maybe months away imho

 a recent sold example below

 http://www.ebay.com/itm/KNC-NEPTUNE-Bitcoin-Miner-Set-/361435838266?hash=item542741373a:g:xyQAAOSwv-NWVJQB

 anyway just saying they probably will have to do better then that ..unless your elec is so damn cheap (3c-4c kwh) you'll make money on that price for equip anyway

so MAN they will have to really really dump the price per TH down with the above comparison imho

The $500 came from a site that may or may not be legit 51ASIC.ru as mentioned at the beginning of this thread.  I don't believe a price has ever been mentioned for the physical hardware, but the B11 hash contracts went from .76 to .87 BTC/TH if I'm not mistaken, and the B12 contracts are going for .5 BTC/TH right now.

[RichBC]

One early post mentioned $500/TH, which WOULD be high - but I doubt the actual price when it's released will be that high, unless the price of Bitcoin keeps pushing up.

 I am starting to wonder if it will be Innosilicon A3 based though - the numbers just aren't adding up give everything Innosilicon has let slip about the A3 in the last month or so.

I can get a used 'ebay high priced' knc neptune 3.5TH unit for around 750 bucks buy it now ...RIGHT NOW at 1250 watts I think they are?

So that price is not too attractive for something maybe months away imho

 a recent sold example below

 http://www.ebay.com/itm/KNC-NEPTUNE-Bitcoin-Miner-Set-/361435838266?hash=item542741373a:g:xyQAAOSwv-NWVJQB

 anyway just saying they probably will have to do better then that ..unless your elec is so damn cheap (3c-4c kwh) you'll make money on that price for equip anyway

so MAN they will have to really really dump the price per TH down with the above comparison imho

The $500 came from a site that may or may not be legit 51ASIC.ru as mentioned at the beginning of this thread.  I don't believe a price has ever been mentioned for the physical hardware, but the B11 hash contracts went from .76 to .87 BTC/TH if I'm not mistaken, and the B12 contracts are going for .5 BTC/TH right now.

First batch of B11 Hash Contracts were 0.76BTC/TH, next batch were 0.78BTC/TH although I not think they were all sold as BW replaced them with B12 which started at and is now at 0.5BTC/TH but was adjusted with exchange fluctuations and at one point was at 0.65BTC/TH.

I agree the $500 should just be ignored and the only "real" price I have seen is the one Bitcoin Magazine article I refered to earlier.

“The miners are now available for pre-order at a price of 0.87 BTC with a minimum order of 333 miners which is 1 petahash,” Virgilio Lizardo Jr., Head of International at Bitbank told Bitcoin Magazine in an exclusive interview. “This price will be available until November 11, 2015. This winter, the miners will be available with no minimum order required; the price at this time has not been decided yet.”

I am interpreting the 0.87BTC as being per TH and was for "Large Orders", with no indication of what a one off order might be?. However that article was back in October when BTC was about $260 so that could be good news?  


Rich

[wlefever]

I personally think they have these miners for testing atm, and will reach their anticipated in house launch date of Jan 1, 2016.  I am pretty excited for the B12 offering they have once it goes live, and think if they in fact do produce this hardware miner for the public it will be competitively priced. 

“The miners are now available for pre-order at a price of 0.87 BTC with a minimum order of 333 miners which is 1 petahash,” Virgilio Lizardo Jr., Head of International at Bitbank told Bitcoin Magazine in an exclusive interview. “This price will be available until November 11, 2015. This winter, the miners will be available with no minimum order required; the price at this time has not been decided yet.”

I am interpreting the 0.87BTC as being per TH and was for "Large Orders", with no indication of what a one off order might be?. However that article was back in October when BTC was about $260 so that could be good news? 
Rich

This is a little worrying to me as far as getting our hands on them since it appears they may only want to produce large quantity orders.  If they do in fact offer some 10 MOQ orders I will def be interested with their prices speculatively looking pretty attractive with bitcoin now at $420 and climbing.

[notlist3d]

I personally think they have these miners for testing atm, and will reach their anticipated in house launch date of Jan 1, 2016.  I am pretty excited for the B12 offering they have once it goes live, and think if they in fact do produce this hardware miner for the public it will be competitively priced. 

“The miners are now available for pre-order at a price of 0.87 BTC with a minimum order of 333 miners which is 1 petahash,” Virgilio Lizardo Jr., Head of International at Bitbank told Bitcoin Magazine in an exclusive interview. “This price will be available until November 11, 2015. This winter, the miners will be available with no minimum order required; the price at this time has not been decided yet.”

I am interpreting the 0.87BTC as being per TH and was for "Large Orders", with no indication of what a one off order might be?. However that article was back in October when BTC was about $260 so that could be good news? 
Rich

This is a little worrying to me as far as getting our hands on them since it appears they may only want to produce large quantity orders.  If they do in fact offer some 10 MOQ orders I will def be interested with their prices speculatively looking pretty attractive with bitcoin now at $420 and climbing.

A lot is still in the air with this miner.  They pre-sold a LOT of gear they will do their own cloud.  That no doubt will be first to go up.

From there it will open up to public I think.   But we still don't know size, price, etc.  We have not even seen a prototype.  So there are to many unknowns to really do any good guesses.

[RichBC]

I personally think they have these miners for testing atm, and will reach their anticipated in house launch date of Jan 1, 2016.  I am pretty excited for the B12 offering they have once it goes live, and think if they in fact do produce this hardware miner for the public it will be competitively priced.  

“The miners are now available for pre-order at a price of 0.87 BTC with a minimum order of 333 miners which is 1 petahash,” Virgilio Lizardo Jr., Head of International at Bitbank told Bitcoin Magazine in an exclusive interview. “This price will be available until November 11, 2015. This winter, the miners will be available with no minimum order required; the price at this time has not been decided yet.”

I am interpreting the 0.87BTC as being per TH and was for "Large Orders", with no indication of what a one off order might be?. However that article was back in October when BTC was about $260 so that could be good news?  
Rich

This is a little worrying to me as far as getting our hands on them since it appears they may only want to produce large quantity orders.  If they do in fact offer some 10 MOQ orders I will def be interested with their prices speculatively looking pretty attractive with bitcoin now at $420 and climbing.

A lot is still in the air with this miner.  They pre-sold a LOT of gear they will do their own cloud.  That no doubt will be first to go up.

From there it will open up to public I think.   But we still don't know size, price, etc.  We have not even seen a prototype.  So there are to many unknowns to really do any good guesses.

So just pulling together all of the history. B11 & now B12 is BW.com third "cloud funded" pre-sold hash investment. I assume that the earlier ones, B1 & B9, were based on previous generations of LK Group hardware and as far as I can establish they were profitable for the investors. What I do not know is on the earlier ventures what the lag was between taking the money and miners coming online?

As I understand it the B11 ASIC's have again been designed by the original team at LK Group, using Samsung 14nm FinFET with BW.com designing the Miner itself.

People had put a lot of money in with nothing other than the Financial details, so they seem to trust BW to deliver. Some time later we saw the very poor renders along with a spec with major omissions from the details including the number of chips etc. Only other information to emerge was from the Bitcoin Magazine article shown above. Finally we had the info from 51ASIC chips will be available on December 14 and that they expected a sample miner at the end of December.

Here's hoping that it all goes well and that they do make B11 available to the home market at sensible prices.

Rich

[ChineseSavior]

It would appear that the chips (probably Innosilicon A3) used in it are not "full custom" 14/16nm, but rather are "standard cell" type which is a lot faster and more reliable to design at the cost of lower performance/efficiency.

100% SCAM....after KnC, Butterfly labs and etc. who the fuck will purchase a miner (rendered wtf) from chinese site

 Lketc is part-owner of bw.com - doubtfull this is a scam with the track record Lketc has.


 The one quote I've seen so far on price was "0.76 BTC per TH" - nowhere near the $500/TH that the OP mentions.
 At $500/TH this would not be a competative design at all, with ZERO chance of achieving RoI even on very cheap electric.

how do you figure?

[QuintLeo]

$500/TH would be higher than what Bitmain wants for the S7 - which is ALREADY iffy to achieve RoI unless you have very very cheap electric.
The published specs show the B-Eleven being a hair LESS efficient than the S7, so it's both going to return less per TH and cost more per TH than the S7, making it HARDER to achieve RoI on it than the S7.



 This is the first time Lketc would have designed their own ASIC - previous Lketc miners used Innosilicon chips.
 They have a good track record with miner design, no track record with ASIC design - which puts them one step ahead of Gridseed/SFards.