Avalon 7

[notlist3d]

Am I the only one worried that this Shandong Luyiton company now owns Canaan Creative and is also in bed with Bitmain?

that is bad if it is the case.

it also explains the 466 million price.

just buy yourself a monopoly .

If they do they will be hard to beat.  Those are the two companies we could count on with consumer gear.  So hopefully they remain split from a selfish standpoint.

But there is still some bigger "commercial" companies out there with BW and Bitfury.  And hopefully we see some gear for hobby/home from BW at a point.  But as of right now Bitmain seems to be king with S9 release.

[1715210669]

1715210669

[1715210669]

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[philipma1957]

A little about the buyers from their website : http://www.luyitong.com/en/about/aboutlyt.shtml

handong Luyitong Intelligent Electric PLC. (hereafter called LYT Electric), founded in 2003 and covering an area of 178,000 square meters with registered capital of RMB 88 million Yuan, is a high-tech enterprise that specializes in R&D, production and marketing of the high & low voltage electrical complete equipment

The main production of LYT Electric is 40.5KV and below high & low voltage electrical complete equipment, as well as intelligent prefabricated substations, insulated busduct, and cable bridges, etc., such as KYN-40.5, HXGN17-12、KYN28-12、XGN2-12、GGD、GCK、GCS、MNS、ZNYBW ,etc. LYT Electric is one of the earliest enterprises in the industry that studied intelligent technology and put it into production. The company has successively developed a series of intelligent complete equipment, four of which has passed the Provincial Scientific and Technological Achievement Appraisal, three listed in the Provincial Science and Technology Development Plan, and one in the National Torch Plan. The technology in of the lead position of domestic level, and products have been identified as “Shandong Provincial Brand Products”.

Looking at their products it seems many extreme things used for power companies, nothing they own has anything to sell to general customers. I think they are going to use their customers to make money, offer them a discount on their products for so much free power or cheap power and run a warehouse of miners for cheaper than anyone else can.

just what is needed for btc a 100 megawatt farm at 3 cents a kwatt.

[QuintLeo]

Am I the only one worried that this Shandong Luyiton company now owns Canaan Creative and is also in bed with Bitmain?

 How are they in bed with Bitmain?

 I'm also wondering if the Caanan purchace was 466 million DOLLARS equivilent, 466 million YUAN (which is a lot less, though still seems a little high unless Caanan was a LOT further along on their 14/16nm chip than I thought they could be), or 466 million what - I can't find out which of those is the actual amount anywhere I've looked.

[generalt]

Am I the only one worried that this Shandong Luyiton company now owns Canaan Creative and is also in bed with Bitmain?

 How are they in bed with Bitmain?

 I'm also wondering if the Caanan purchace was 466 million DOLLARS equivilent, 466 million YUAN (which is a lot less, though still seems a little high unless Caanan was a LOT further along on their 14/16nm chip than I thought they could be), or 466 million what - I can't find out which of those is the actual amount anywhere I've looked.

I'm not sure.  It's just from what I read in this article http://www.coindesk.com/bitcoin-mining-asic-acquired-avalon/

In a separate Twitter post, Jihan Wu, CEO of China-based bitcoin mining firm Bitmain, reported that the firm was to be publicly listed through its relationship with Shandong Luyitong, and that it is seeking to raise ¥0.67bn at a valuation of ¥3.1bn.

[notlist3d]

Am I the only one worried that this Shandong Luyiton company now owns Canaan Creative and is also in bed with Bitmain?

 How are they in bed with Bitmain?

 I'm also wondering if the Caanan purchace was 466 million DOLLARS equivilent, 466 million YUAN (which is a lot less, though still seems a little high unless Caanan was a LOT further along on their 14/16nm chip than I thought they could be), or 466 million what - I can't find out which of those is the actual amount anywhere I've looked.

I'm not sure.  It's just from what I read in this article http://www.coindesk.com/bitcoin-mining-asic-acquired-avalon/

In a separate Twitter post, Jihan Wu, CEO of China-based bitcoin mining firm Bitmain, reported that the firm was to be publicly listed through its relationship with Shandong Luyitong, and that it is seeking to raise ¥0.67bn at a valuation of ¥3.1bn.

This thread looks like it was moved to speculation.  The tweet from Jihan was interesting and we can speculate all day on it.   I'm personally not sure if he was not just congratulating a friend.

I could be wrong and you can read deep into it thinking he wan't investors... but I'm not sure I see enough to back it up.  So guess that is why it's speculation.

[QuintLeo]

Am I the only one worried that this Shandong Luyiton company now owns Canaan Creative and is also in bed with Bitmain?

 How are they in bed with Bitmain?

 I'm also wondering if the Caanan purchace was 466 million DOLLARS equivilent, 466 million YUAN (which is a lot less, though still seems a little high unless Caanan was a LOT further along on their 14/16nm chip than I thought they could be), or 466 million what - I can't find out which of those is the actual amount anywhere I've looked.

I'm not sure.  It's just from what I read in this article http://www.coindesk.com/bitcoin-mining-asic-acquired-avalon/

In a separate Twitter post, Jihan Wu, CEO of China-based bitcoin mining firm Bitmain, reported that the firm was to be publicly listed through its relationship with Shandong Luyitong, and that it is seeking to raise ¥0.67bn at a valuation of ¥3.1bn.

 The author of that article appears to have MISread or MISunderstood that twitter post - the Twitter post is about AVALON/Caanan Creative seeking to raise that 0.67billion Yuan, NOT Bitmain.


 Isn't it fun to deal with very sloppy standards of journalism that fail to check facts before they report them IN ERROR?

[notlist3d]

Am I the only one worried that this Shandong Luyiton company now owns Canaan Creative and is also in bed with Bitmain?

 How are they in bed with Bitmain?

 I'm also wondering if the Caanan purchace was 466 million DOLLARS equivilent, 466 million YUAN (which is a lot less, though still seems a little high unless Caanan was a LOT further along on their 14/16nm chip than I thought they could be), or 466 million what - I can't find out which of those is the actual amount anywhere I've looked.

I'm not sure.  It's just from what I read in this article http://www.coindesk.com/bitcoin-mining-asic-acquired-avalon/

In a separate Twitter post, Jihan Wu, CEO of China-based bitcoin mining firm Bitmain, reported that the firm was to be publicly listed through its relationship with Shandong Luyitong, and that it is seeking to raise ¥0.67bn at a valuation of ¥3.1bn.

 The author of that article appears to have MISread or MISunderstood that twitter post - the Twitter post is about AVALON/Caanan Creative seeking to raise that 0.67billion Yuan, NOT Bitmain.


 Isn't it fun to deal with very sloppy standards of journalism that fail to check facts before they report them IN ERROR?

I read it that way at first aswell but I think it was just not typed clearly on "In a separate Twitter post, Jihan Wu, CEO of China-based bitcoin mining firm Bitmain, reported that the firm was to be publicly listed through its relationship with Shandong Luyitong, and that it is seeking to raise ¥0.67bn at a valuation of ¥3.1bn."

I think that part where the firm is referring to Avalon especially if you read tweet.  So I think it is possibly not best word selection but not an error.

[HagssFIN]

https://canaan.io/en/2016/06/08/hello-world-we-are-canaan/

Hello World! We are Canaan. Yes, it is true. Canaan is being acquired by LYT, an electronics company. This deal is a vote of confidence in the three years of products and services we invented and released. This acquisition and investment provides us the necessary resources and autonomy to make even better products and innovations that our customers expect. Canaan’s expertise as an integrated circuit (IC) design company is strengthened.

These are big times for the blockchain, technology and innovation in the world. Amazingly, Canaan is based in Beijing, not Silicon Valley. We are a growing team of 100 working hard to bring great products and services to support people. We, like many of you, believe strongly in Open Source, the Decentralized Web, trying new things, building our families, eating good food, being healthy and making the world a better place.

I am N.G. Zhang, pronounced EN-GEE-JON-G, the founder and CEO of Canaan Creative. I am known for my fun technology projects which eventually led to making the repetition ASIC chips, blockchain hardware computers all the way up to our successful Avalon6 product. And, we are not finished! We have new products and innovations coming, deeper than integrated circuits and beyond the blockchain.

Do you have any questions about Canaan? Are you interested in writing a story about the Avalon product line? This is an invitation to journalists, technologists and enthusiasts to please write to us at love@canaan.io. Also, keep reading here for the latest updates, and follow us on twitter. Let’s work together to Grow the Blockchain.

Sincerely,

@ngzhang

[HagssFIN]

Looks like Avalon 7 could be using a Zynq as a control board a Zynq based control board.
Maybe this model ? :
http://zedboard.org/product/zynq-mmp


See this piece of code: https://github.com/Canaan-Creative/cgminer-openwrt-packages/blob/master/cgminer/data/config.avalon7.zedboard

[philipma1957]

but this one is 130 in bulk

http://zedboard.org/product/microzed



7010 PicoZed SOM
Price (USD)
1-$178
100-$165
500-$146
1,000+-$130

Part Number: AES-Z7PZ-7Z010-SOM-G


still costly but the company has a lot of gear so they may have something that is cheaper

[notlist3d]

Looks like Avalon 7 could be using a Zynq as a control board.
Maybe this model ? :
http://zedboard.org/product/zynq-mmp


See this piece of code: https://github.com/Canaan-Creative/cgminer-openwrt-packages/blob/master/cgminer/data/config.avalon7.zedboard

This makes no sense though, the price on the SOC are way too expensive for just being a controller. I don't get it, even if they had a deal at the prices (looks around $400 for this board) I don't see how it beats a pi.

I don't think it beat's the RPI, and the simple fact is we don't need much more for a controller.  A RPI 3 for 35ish dollars has a ton of power for the money and a big community behind it, where you can use it for many other things besides mining if you have one laying around.

The controller I would love to see one use is the RPI Zero - https://www.raspberrypi.org/blog/raspberry-pi-zero/ .   It is at a pricepoint of 5 dollars.   I  mean to get one some day and play around with it but have not got to that project yet.   Not sure if still like it was but it was very hard to find one for the retail price, most were selling for decent amount more.

[HagssFIN]

Looks like Avalon 7 could be using a Zynq as a control board a Zynq based control board.
Maybe this model..

This makes no sense though, the price on the SOC are way too expensive for just being a controller. I don't get it, even if they had a deal at the prices (looks around $400 for this board) I don't see how it beats a pi.

I don't think it beat's the RPI, and the simple fact is we don't need much more for a controller.  A RPI 3 for 35ish dollars has a ton of power for the money and a big community behind it, where you can use it for many other things besides mining if you have one laying around.
The controller I would love to see one use is the RPI Zero - https://www.raspberrypi.org/blog/raspberry-pi-zero/ .   It is at a pricepoint of 5 dollars.   I  mean to get one some day and play around with it but have not got to that project yet.   Not sure if still like it was but it was very hard to find one for the retail price, most were selling for decent amount more.

Yeah, I only took that product as an example.
It could be another model and with less functions, like Bitmain has done with Beaglebone Black board.

Based on the code it would be some Zynq -based control board model by Xilinx.

[philipma1957]

Looks like Avalon 7 could be using a Zynq as a control board a Zynq based control board.
Maybe this model..

This makes no sense though, the price on the SOC are way too expensive for just being a controller. I don't get it, even if they had a deal at the prices (looks around $400 for this board) I don't see how it beats a pi.

I don't think it beat's the RPI, and the simple fact is we don't need much more for a controller.  A RPI 3 for 35ish dollars has a ton of power for the money and a big community behind it, where you can use it for many other things besides mining if you have one laying around.
The controller I would love to see one use is the RPI Zero - https://www.raspberrypi.org/blog/raspberry-pi-zero/ .   It is at a pricepoint of 5 dollars.   I  mean to get one some day and play around with it but have not got to that project yet.   Not sure if still like it was but it was very hard to find one for the retail price, most were selling for decent amount more.

Yeah, I only took that product as an example.
It could be another model and with less functions, like Bitmain has done with Beaglebone Black board.

Based on the code it would be some Zynq -based control board model by Xilinx.

Still they all seem very expensive, couldn't find reasonably priced ones on aliexpress either.

130 for a lot of 500 seems far too high,

but maybe it eliminates the daughter board  that is inside the avalon6 , still it seems costly..

[toptek]

Two days ago some one added support to openwrt cgminer for avalon7 it seems there might be one coming .I was looking around found this

https://github.com/Canaan-Creative/cgminer-openwrt-packages/commit/bd5b2b2225ef7647d0f933491451ea77b58cf733



RPI3 support is actually nice .https://canaan.io/downloads/software/avalon6/openwrt/latest/brcm2708/bcm2710/ yup i finally bought a A6 lol . with no plans at all to buy a S7. buying one or two more a6 and at least 8 more 470 or 480 over time and maybe a a7 once it's out, if we get one .

hm interning http://zedboard.org/ but agree if they gave us rpi 3 support on July 27th why would they use such a costly board unless it dies everything but what the PI does then wouldn't it save and be worth it ?.

[in2tactics]

Two days ago some one added support to openwrt cgminer for avalon7 it seems there might be one coming .I was looking around found this

https://github.com/Canaan-Creative/cgminer-openwrt-packages/commit/bd5b2b2225ef7647d0f933491451ea77b58cf733



RPI3 support is actually nice .https://canaan.io/downloads/software/avalon6/openwrt/latest/brcm2708/bcm2710/ yup i finally bought a A6 lol . with no plans at all to buy a S7. buying one or two more a6 and at least 8 more 470 or 480 over time and maybe a a7 once it's out, if we get one .

hm interning http://zedboard.org/

I noticed that the Avalon7 chip was listed as A3212 on github. It just seems odd to me that Canaan Creative would decrement instead of increment the chip number from that of the Avalon6 chip A3218.

[toptek]

yea saw that to maybe so no one bugs them who's know guess well find out at this point .!!

cyz.

[toptek]

http://build.canaan-creative.com:8080/~buildbot/avalon7/20160817/orangepi-2/

for the Avalon 7 just popped on there ftp list


I have a few orange pis which are even cheaper then the rasp pi and run better or do for me .

[philipma1957]

I heard Sept 7 release date is possible.

[QuintLeo]

SOMETHING has Bitmain a bit spooked - the new S9 batches that popped up today are a fair bit less $$$ than previous batches.

[philipma1957]

SOMETHING has Bitmain a bit spooked - the new S9 batches that popped up today are a fair bit less $$$ than previous batches.

I would like the Avalon 7 to be better then the s-9  in terms of power use.

Say .090 or .085  watts vs .100 watts for the s-9.