Bitfury: "16nm... sales to public start shortly"

[abokhalel2]

Part 3 - Testing with immersion cooling
https://www.youtube.com/watch?v=DSbmuBvDWo0

144 GH per chip
Drawing 154w per TH

We could get easily 10TH miners drawing only 1.5KW which is a good deal nowadays, but I'm not sure if that is going to be good enough in March.

[adaseb]

At least we finally have a date. March 2016. Only a month away or so.

[dogie]

At least we finally have a date. March 2016. Only a month away or so.

I think its a bit optimistic and while we'll likely have an entire fleet of machines announced, I can't see anyone but Bitfury themselves having a unit ready. I mean the OEMs are only just getting test chips now so unless they use the reference design and work flat out...

Also that immersion fluid is crazy. To give you an example of just how dense those chips are: If you could make a hot plate surface out of them (all pushed together), it would be a nearly 7,000W burner compared to ~1,500W of normal.

[Meech]

At least we finally have a date. March 2016. Only a month away or so.

I think its a bit optimistic and while we'll likely have an entire fleet of machines announced, I can't see anyone but Bitfury themselves having a unit ready. I mean the OEMs are only just getting test chips now so unless they use the reference design and work flat out...

Also that immersion fluid is crazy. To give you an example of just how dense those chips are: If you could make a hot plate surface out of them (all pushed together), it would be a nearly 7,000W burner compared to ~1,500W of normal.

HOT DOG!   Sorry couldn't help it.
Yes, crazy but about time.  All those millions and no R&D on cooling, sheesh. 

[mavericklm]

Oh yeah, March! After that comes April and miners ready in~June, halving in July! ) (

[one4many]

what for a store?

[QuintLeo]

would like to see what kind of efficiency Bitmain can push out with their S8/S9 or whatever their going to call it.

 Probably S9, given their normal naming conventions.

Any news on Avalon producing something in the 16nm realm?

 Avalon announced about the same time they released the Avalon 6 that they had NO current plans for 14/16nm as they thought the technology was too immature.
 IMO that might mean the death of Avalon, as they'll be WAY too late to market given the probability of multiple 14/16nm full custom machines hitting the market this year.

If the price is sub $1800 however is may be worth it to get it early and just get to mining if its the first to hit the market.

 Bitmain won't be first. Might be 3'd at best, from all of my reading - and I'm not betting on BitFury being first.

 I don't count the B-Eleven (BW.com/Lketc) unit as it's NOT full custom and NO MORE EFFICIENT than the S7.

[dogie]

IMO that might mean the death of Avalon, as they'll be WAY too late to market given the probability of multiple 14/16nm full custom machines hitting the market this year.

Highly unlikely, they've got more than enough money to sit this generation out or go OEM for a while. We don't get any sense of how large they are because so much of their sales are domestic.

[dog1965]

It will be to expensive for the average home miner "middle-class" to afford if they make it 1 PH/s !
 

[Gyrsur]

anyone able to design a miner with this chip?

maybe a DIY device?

[QuintLeo]

Part 3 - Testing with immersion cooling
https://www.youtube.com/watch?v=DSbmuBvDWo0

144 GH per chip
Drawing 154w per TH

We could get easily 10TH miners drawing only 1.5KW which is a good deal nowadays, but I'm not sure if that is going to be good enough in March.

 0.15 for a next-gen unit is NOT impressive, I'd stick with air-cooling (MUCH lower cost than that immersion stuff) and run the chip in it's EFFICIENT operating range.

 Or do the immersion cooling (on commercial-scale gear) but still don't push the chip that hard.

anyone able to design a miner with this chip?

 Bitfury is, nobody else has any chips yet or any of the NEEDED specs to design a miner WITH from this chip.

Highly unlikely, they've got more than enough money to sit this generation out or go OEM for a while.

 Avalon will be sitting out for 3-4 years at least, if they do skip this generation. If they try to break in late, they're going to be fighting a lot of inertia, installed base, and they're actually going to have to compete on PRICE to get a significant number of sales.

 Might not kill them, but it's certainly not going to help them.

[dogie]

Bitfury is, nobody else has any chips yet or any of the NEEDED specs to design a miner WITH from this chip.

They do.

[Gyrsur]

Bitfury is, nobody else has any chips yet or any of the NEEDED specs to design a miner WITH from this chip.

They do.

what they do?

[dogie]

Bitfury is, nobody else has any chips yet or any of the NEEDED specs to design a miner WITH from this chip.

They do.

what they do?

Others have specs / designs and some will be receiving chips ASAP if not already.

[Gyrsur]

Bitfury is, nobody else has any chips yet or any of the NEEDED specs to design a miner WITH from this chip.

They do.

what they do?

Others have specs / designs and some will be receiving chips ASAP if not already.

That is what I loved in the Bitcoin world at the very beginning. The inner circle feeling. Especially if you are outside of the inner circle.

Satoshi Roundtable, etc, etc LOL

^^I hate it in general!

Boy, I guess you leaved the Kindergarten already?

EDIT: NOT a personal attack against you! But I hate this habits as much as I can. It comes from the old world with their private circles.

[sidehack]

I don't much like it either. They still haven't responded to my requests. I guess that's one of the consequences of not being a millionaire, but not being a millionaire is one of the consequences of being unwilling to borrow and burn other people's money.

[one4many]

I don't much like it either. They still haven't responded to my requests. I guess that's one of the consequences of not being a millionaire, but not being a millionaire is one of the consequences of being unwilling to borrow and burn other people's money.

I guess that is normal behavior. Back in the day when they started pre-selling the first version of their miners for 100 BTC (some of you might remember) you had to put a deposit down of at least 1 BTC to get your position. I did that, but decided against buying a miner. I asked them 3 times for the deposit back, NOT ONCE an answer. 

[dogie]

I don't much like it either. They still haven't responded to my requests. I guess that's one of the consequences of not being a millionaire, but not being a millionaire is one of the consequences of being unwilling to borrow and burn other people's money.

I guess that is normal behavior. Back in the day when they started pre-selling the first version of their miners for 100 BTC (some of you might remember) you had to put a deposit down of at least 1 BTC to get your position. I did that, but decided against buying a miner. I asked them 3 times for the deposit back, NOT ONCE an answer. 

What was the the dollar value at the time?

[Gyrsur]

I don't much like it either. They still haven't responded to my requests. I guess that's one of the consequences of not being a millionaire, but not being a millionaire is one of the consequences of being unwilling to borrow and burn other people's money.

I guess that is normal behavior. Back in the day when they started pre-selling the first version of their miners for 100 BTC (some of you might remember) you had to put a deposit down of at least 1 BTC to get your position. I did that, but decided against buying a miner. I asked them 3 times for the deposit back, NOT ONCE an answer.  

What was the the dollar value at the time?

in the range of 120 to 65 falling and then ascending again. it was after the spring bubble 2013.

[one4many]

I don't much like it either. They still haven't responded to my requests. I guess that's one of the consequences of not being a millionaire, but not being a millionaire is one of the consequences of being unwilling to borrow and burn other people's money.

I guess that is normal behavior. Back in the day when they started pre-selling the first version of their miners for 100 BTC (some of you might remember) you had to put a deposit down of at least 1 BTC to get your position. I did that, but decided against buying a miner. I asked them 3 times for the deposit back, NOT ONCE an answer.  

What was the the dollar value at the time?

in the range of 120 to 65 falling and then ascending again. it was after the spring bubble 2013.

Just checked it was mid July 2013 and the price was between at 122.55 USD per BTC.