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

[baazju]

With another 20% increase in difficulty expected will the new miners be outdated before they even come to market for the home miners?

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[notlist3d]

With another 20% increase in difficulty expected will the new miners be outdated before they even come to market for the home miners?

Not these miners at .06 or so they have a LOT of wiggle room.  Considering current is .30 or so we are talking big efficiency jump.  So we will see what will happen.

And if anyone even sells these to home miner is another thing.  We don't know about re sellers, and a re seller would need to spend a lot to buy from Bitfury.  I think our best hope is a huge mine buys a ton and sells some for a instant profit to customers.

[sidehack]

Another good hope is a group gets together, works out a large chip order and gets a board designed around 'em that can be manufactured as soon as chips arrive.

[valkir]

Another good hope is a group gets together, works out a large chip order and gets a board designed around 'em that can be manufactured as soon as chips arrive.

And I will be more than happy if you were in this group 

[NotFuzzyWarm]

Another good hope is a group gets together, works out a large chip order and gets a board designed around 'em that can be manufactured as soon as chips arrive.

and at least BitFury or their integrators haven't taken the pre-order and give us oodles of cash for our fabulous miners NOW! route with the general public. At least none that I know of...

[mindtrip]

Another good hope is a group gets together, works out a large chip order and gets a board designed around 'em that can be manufactured as soon as chips arrive.

I would fully support your efforts in funding such a venture if you were to build a bitfury miner sidehack 

[notlist3d]

Another good hope is a group gets together, works out a large chip order and gets a board designed around 'em that can be manufactured as soon as chips arrive.

I would fully support your efforts in funding such a venture if you were to build a bitfury miner sidehack 

That would be a heck of a deal if you could get one going.  Would love to have a full size GekkoScience miner from sidehack powered by these new chips.

Would be great if funding got behind him, and gave possibility for regular people to buy miners.

[sidehack]

People are talking. There's been a thread in Group Buys for a week and some asking if there's interest. Folks need to go tell 'em there's interest and maybe someone will start moving.

[one4many]

Another good hope is a group gets together, works out a large chip order and gets a board designed around 'em that can be manufactured as soon as chips arrive.

Not gonna happen.
Imagine a large group of greedy people funding such a venture. Something goes wrong, and just delays everything by a month or two (easily done with board manufacturers or just suppliers of electronics (parts, power supplies, etc ... you name it). Hell on earth is gone break loose for the guys who are in charge of the work. It will fail miserably and people will loose a significant part of their investment. The only winners are the suppliers (bitfury, manufacturers and part suppliers) .. The biggest losers the guys who did the work for free for the rest of the "investors" ... A story seen very often here in bitcointalk ...

Unless you have everything ready to go already ... boards lying on your table, only missing the bitfury chips ... and even then, if bitfury does not deliver as promised it goes ugly really fast ... Think of the bitmine.ch guys ... they were in that position in 2013.

[punin]

I don't understand what info you're basing your opinionated statements on. We have seen great interest from integrators to our 16nm chip and are confident mining devices based on our chip will be available to public very soon. Possibly as early as end of march.

Good stuff, where will these "official" Bitfury integrators be posted?

On our website www.bitfury.com

[MarkAz]

Good stuff, where will these "official" Bitfury integrators be posted?

On our website www.bitfury.com

Maybe I'm missing some super obvious link, but I've looked all over your site and I can't see a link to any integrator, just the application to be one.  Can you provide an actual link, instead of just the TLD?

BTW; your support link on the bottom of all the pages is broken.

[carlosmnk]

I don't understand what info you're basing your opinionated statements on. We have seen great interest from integrators to our 16nm chip and are confident mining devices based on our chip will be available to public very soon. Possibly as early as end of march.

Good stuff, where will these "official" Bitfury integrators be posted?

On our website www.bitfury.com

Well, we would like to know who will produce miners with your new 16nm chips... 

[punin]

Good stuff, where will these "official" Bitfury integrators be posted?

On our website www.bitfury.com

Maybe I'm missing some super obvious link, but I've looked all over your site and I can't see a link to any integrator, just the application to be one.  Can you provide an actual link, instead of just the TLD?

BTW; your support link on the bottom of all the pages is broken.

Thanks for the tip! Will fix asap.

Also, we will be adding the official partners and integrators to our site as soon as they complete our internal approval process.

[tmfp]

Hi punin, thanks for your engagement here.

Just to be totally clear, you are saying that, at this point in time, there are no machines anywhere hashing with your new chip?

It's just that if I were Bitfury (lol I wish) and I had a killer like this chip so far advanced as to be at a stage where third parties will be producing miners incorporating it within a matter of weeks...well, I'd be highly tempted to be using it myself already.
Y'know, just for testing purposes....
I can't help noticing that your share of total hash power increased sharply recently too.

[Unacceptable]

Hi punin, thanks for your engagement here.

Just to be totally clear, you are saying that, at this point in time, there are no machines anywhere hashing with your new chip?

It's just that if I were Bitfury (lol I wish) and I had a killer like this chip so far advanced as to be at a stage where third parties will be producing miners incorporating it within a matter of weeks...well, I'd be highly tempted to be using it myself already.
Y'know, just for testing purposes....
I can't help noticing that your share of total hash power increased sharply recently too.

Nothing to see,move along please.Nothing new hashing,just checking out old stuff to sell on ebay   

[punin]

Hi punin, thanks for your engagement here.

Just to be totally clear, you are saying that, at this point in time, there are no machines anywhere hashing with your new chip?

I can't help noticing that your share of total hash power increased sharply recently too.

That is correct. We have just a handful of chips right now and all are used for R&D and profiling including occasional rapid unscheduled disassembly as we look for the limits of the chip . We are expecting the engineering lots in a few weeks time. Luckily our schedule was not affected by the recent Taiwan earthquake.

Our total hash power has increased due to our Gldani immersion cooling datacenter getting to full capacity.

[tmfp]

Our total hash power has increased due to our Gldani immersion cooling datacenter getting to full capacity.

Love it 

[dogie]

Another good hope is a group gets together, works out a large chip order and gets a board designed around 'em that can be manufactured as soon as chips arrive.

Not gonna happen.
Imagine a large group of greedy people funding such a venture. Something goes wrong, and just delays everything by a month or two (easily done with board manufacturers or just suppliers of electronics (parts, power supplies, etc ... you name it). Hell on earth is gone break loose for the guys who are in charge of the work. It will fail miserably and people will loose a significant part of their investment. The only winners are the suppliers (bitfury, manufacturers and part suppliers) .. The biggest losers the guys who did the work for free for the rest of the "investors" ... A story seen very often here in bitcointalk ...

Yeah you almost perfectly described what happened to Bicknellski's group, they destroyed themselves from the inside, everyone lost their money and the engineers ended up mostly working for free.

[NotFuzzyWarm]

"http://www.theguardian.com/technology/2015/jan/16/elon-musk-falcon-9-rapid-unscheduled-disassembly" heh heh heh... I like that...
Frankly, I like that BitFury seems to have take a proper approach to marketing this chip vs the AMT/BFL/Hashfast days.... They know the market is there with the unclean masses slathering at the gates to get their hands on machines. For now they are tossing out tidbits but still keeping the gates locked.

Don't forget that making the chips is only half the battle, now they have to be characterized and a reference board design made. Note the emphasis on reference. As in here is an example of how it should work, not 'copy-this-x-times' like Bitmine.ch tried with Inno's ref design. Only once that is done can integrator's begin work on a full hashboard design.

It takes time if done right. Sure the market screams we want it yesterday! Tough. I like this better than weeks/months of folks bitching about promised product that is weeks/months late or never to be made at all.

[yslyung]

some birdie sent a msg & it says:

2.7m each / 1.5 MW / 12 PH / 4.5 mths to build

meh