A4 Dominator - Pre-Order Group Buy - 280mh, roughly 1000w, $1800 + shipping

[vinylwasp]

Litecoin network hashrate Mar 23 2016 1,638 GH/s
Litecoin network hashrate Sep 08 2016 1,517 GH/s
new asic? what is this?  

....1638gh was the all time high this year (I think)

The thing to watch is the overall scrypt network hashrate as pool mining distributes continuously depending on profitability. Hard to find a reliable source but I use the Scrypt filter on What to Mine's ASIC page. Currently it's saying there's about 2.35 THs of Scrypt mining (ignoring Doge due to merged mining).
https://www.whattomine.com/asic

[/quote]
we will see another 25% increase in difficulty...
[/quote]

I think that's about right but relative to all Scrypt mining, not just LTC. Given they were looking for 5 investors with $1M each originally, I think there'll be something like 200k A4 chips in batch 1 or 2500 A4 miners which is about 700Gh/s.   Not all this will be added as it will squeeze out some of the last GPU/CPU miners and the last of the 1st gen ASICs. I'm expecting 600GHs net or 25% as you suggested.

[/quote]
LTC as a pow coin would fade ....in use and in price imho
[/quote]

I don't think so, the market liquidity numbers are just too large. Last 24 Hours LTC Trading Volume :  ฿353,788. That's huge.
Compare that to ETH: 24 Hour Trading Volume :  ฿11,041.
LTC is here to stay :-)

[Longsnowsm]

Inno told us last week that they would be working to release a video this week and should be shipping by the end of the month.  So that is the latest update.  I will ping them to see if we can get that video. 

[hdmediaservices]

What does a video prove?

[usao]

From Chloe:
Chips have been shipped to the manufacturers for miner production. Video will come out in a few days.

[Longsnowsm]

From Chloe:
Chips have been shipped to the manufacturers for miner production. Video will come out in a few days.

Cool, I didn't get a reply when I asked... So glad you heard something back on this.

[dogjunior]

Do people find it odd that the chips have gone to a manufacturer to build the A4. Yet no press release has been issued about the new miner and it's forth coming release? I see nothing on their website about the miner being done and shipping in a few weeks. You would think that they would want to toot their horn about being done.

[AleScamHole]

Do people find it odd that the chips have gone to a manufacturer to build the A4. Yet no press release has been issued about the new miner and it's forth coming release? I see nothing on their website about the miner being done and shipping in a few weeks. You would think that they would want to toot their horn about being done.

actually they been advertising this for almost a year now... whats WEIRD is that they SAID 50 DAYS AGO they would have a video, now it sounds like the chips WEREN'T EVEN FABBED at that time?

i KNEW there was a reason they are NOT coming on the thread, it all just dosent add up....

is this a scam? prob NOT, but it's sure following the pattern of ASIC.  SAY you have it, keep it for 6 more months, SELL IT to community, keep it another 3 months. by the time you get it it will be 1/2 a butterfly labs situation, so sad :/  happy i never bought in, i have ROI'd AGAIN on my A2's in the time this BS has been going on ;p course once you guys GET your A4, you should catch up quickly

[excelerator]

......i have ROI'd AGAIN on my A2's in the time this BS has been going on ;p course once you guys GET your A4, you should catch up quickly

A little sarcasm? If LTC was at $4 today and you turned the machine on, you would likely not ROI until July 2017 (LTC baseline).  That assumes the same stability of difficulty we've enjoyed for the last year.  With a flood of new A4s, difficulty will jump up across all coins so it'll be interesting.  I'm assuming the base unit is $1800, $150 shipping, and $200 for a EVGA 1300 PSU with power at $0.10 with an average difficulty increase of 0.1%.  I would call this the BEST case scenario.


http://www.vnbitcoin.org/detailcalculationltc.php?name=LiteCoin_Mining_Rig&startdate=2016-09-20&costperunit=2150&wattperhour=1000&gigahazarate=280000&daytoincrease=3&testlopfirst=1&diffincrement=0.1&bitcoinperdollar=4&electriccostinput=.1&begindifflevel=54344

[Searing]

......i have ROI'd AGAIN on my A2's in the time this BS has been going on ;p course once you guys GET your A4, you should catch up quickly

A little sarcasm? If LTC was at $4 today and you turned the machine on, you would likely not ROI until July 2017 (LTC baseline).  That assumes the same stability of difficulty we've enjoyed for the last year.  With a flood of new A4s, difficulty will jump up across all coins so it'll be interesting.  I'm assuming the base unit is $1800, $150 shipping, and $200 for a EVGA 1300 PSU with power at $0.10 with an average difficulty increase of 0.1%.  I would call this the BEST case scenario.


http://www.vnbitcoin.org/detailcalculationltc.php?name=LiteCoin_Mining_Rig&startdate=2016-09-20&costperunit=2150&wattperhour=1000&gigahazarate=280000&daytoincrease=3&testlopfirst=1&diffincrement=0.1&bitcoinperdollar=4&electriccostinput=.1&begindifflevel=54344

Yep the only reason I may still get one of these is I got 7 titans (new) this year from a default (1 the 4 cube orig) and 6 (knc liguidation) at 1900 bucks each

thus If I got ONE A4 that would be spread out as risk among all (in my feeble mine anyway) and put my risk at about say $1925 per unit ave price for all ..bot Titans and A4's

thus only way I may do this is IF I think LTC may pump.....and/or get stable timeline from these guys on the A4

the anon optional transaction (private) they are talking about adding to LTC is interesting...so the question is do I think there will be a pump for LTC and if so will it be enough

to be oranges to oranges and keep price of LTC enough to justify this

so thus yet another bet....

lastly ...the main rub I have ..besides if it ever shows up as a demo...is the 45 day warranty ..yech.........so probably not

but likely for those imho who ordered even if late..I expect a BTC pump and LTC pump to keep up ...so I'd bet the real ROI date in the future will be about 9-10 months rather then a
bit more then 1 year at these prices...anyway my guess

could be worse they could have had a demo and fancy video ...and being the asic slut I am the tempatation would have been 'too much' and I'd have already ordered one

but again I suspect all will be OK for those in the group buy.should the unit work as advertised and again imho you will ROI in 9-10 months with (imho) expeced btc and then ltc pump

knock wood

[excelerator]

lastly ...the main rub I have ..besides if it ever shows up as a demo...is the 45 day warranty ..yech.........so probably not

This warranty issue could be mitigated if they used distributors around the world.  

For instance in the US, if Zoomhash re-started their relationship and did the RMA/warranty on behalf of the customer and bypassed Innosilicon itself in China, that would take so much risk out of the equation for the consumer.

[vinylwasp]

......i have ROI'd AGAIN on my A2's in the time this BS has been going on ;p course once you guys GET your A4, you should catch up quickly

A little sarcasm? If LTC was at $4 today and you turned the machine on, you would likely not ROI until July 2017 (LTC baseline).  That assumes the same stability of difficulty we've enjoyed for the last year.  With a flood of new A4s, difficulty will jump up across all coins so it'll be interesting.  I'm assuming the base unit is $1800, $150 shipping, and $200 for a EVGA 1300 PSU with power at $0.10 with an average difficulty increase of 0.1%.  I would call this the BEST case scenario.

http://www.vnbitcoin.org/detailcalculationltc.php?name=LiteCoin_Mining_Rig&startdate=2016-09-20&costperunit=2150&wattperhour=1000&gigahazarate=280000&daytoincrease=3&testlopfirst=1&diffincrement=0.1&bitcoinperdollar=4&electriccostinput=.1&begindifflevel=54344

Guys, the basic ROI calculation used by these online calculators is very shortsighted way of looking at this. If you were buying machinery for a factory, you'd typically be spreading the cost over a number of years. Also you're forgetting the residual value. After 2 years I sold my A2 mini's for more than 50% of what I paid for them :-).  So try your ROI using the cost minus a reasonable residual.

Then, forget about LTC as the way to generate income. If you look at poolpicker.eu you'll see that Nicehash and LTCRabbit have been paying out an average of 0.000075 BTC/MHS per day for the last 60 days (I track it), and Zpool has been paying out 0.00009 BTC/MHS over the same time. With BTC at $600, that's $12.60 and $15.12 per day respectively.

Now if you take the $2150 and use a conservative 1 yr residual of 50% (value if sold after 1 year) your ROI is (50% x 2150)/12.60 = 85 days, or (50% x 2150)/$15.12 = 71 days if you mine on Zpool.

As for the shipping, Inno said 'starts August with max delay of 1 month'. We're still in that 1 month delay period so they haven't defaulted yet, but I'm also very disappointed in the lack of communication from them.

[dogjunior]

......i have ROI'd AGAIN on my A2's in the time this BS has been going on ;p course once you guys GET your A4, you should catch up quickly

A little sarcasm? If LTC was at $4 today and you turned the machine on, you would likely not ROI until July 2017 (LTC baseline).  That assumes the same stability of difficulty we've enjoyed for the last year.  With a flood of new A4s, difficulty will jump up across all coins so it'll be interesting.  I'm assuming the base unit is $1800, $150 shipping, and $200 for a EVGA 1300 PSU with power at $0.10 with an average difficulty increase of 0.1%.  I would call this the BEST case scenario.

http://www.vnbitcoin.org/detailcalculationltc.php?name=LiteCoin_Mining_Rig&startdate=2016-09-20&costperunit=2150&wattperhour=1000&gigahazarate=280000&daytoincrease=3&testlopfirst=1&diffincrement=0.1&bitcoinperdollar=4&electriccostinput=.1&begindifflevel=54344

Guys, the basic ROI calculation used by these online calculators is very shortsighted way of looking at this. If you were buying machinery for a factory, you'd typically be spreading the cost over a number of years. Also you're forgetting the residual value. After 2 years I sold my A2 mini's for more than 50% of what I paid for them :-).  So try your ROI using the cost minus a reasonable residual.

Then, forget about LTC as the way to generate income. If you look at poolpicker.eu you'll see that Nicehash and LTCRabbit have been paying out an average of 0.000075 BTC/MHS per day for the last 60 days (I track it), and Zpool has been paying out 0.00009 BTC/MHS over the same time. With BTC at $600, that's $12.60 and $15.12 per day respectively.

Now if you take the $2150 and use a conservative 1 yr residual of 50% (value if sold after 1 year) your ROI is (50% x 2150)/12.60 = 85 days, or (50% x 2150)/$15.12 = 71 days if you mine on Zpool.

As for the shipping, Inno said 'starts August with max delay of 1 month'. We're still in that 1 month delay period so they haven't defaulted yet, but I'm also very disappointed in the lack of communication from them.

I thought they quoted shipping end of Sept with max delay of 1 month so that would put them end of Oct before they are late.  I am holding off judging them until more details about the A4 come out. Holding my breath waiting for this video.  I do find it odd that we have to get second hand info from forum members who are communicating with Chloe. For all we know this is not even her real name.

[Longsnowsm]

The name and email address for Chloe are also on the Innosilicon's web site.  That is how we contacted them was through the companies web site.

[cloudnthings]

What exactly is meant by a LTC pump? I know the meaning is to inflate the price of LTC but how? A group of ppl in "the know" buying heaps of LTC?

......i have ROI'd AGAIN on my A2's in the time this BS has been going on ;p course once you guys GET your A4, you should catch up quickly

A little sarcasm? If LTC was at $4 today and you turned the machine on, you would likely not ROI until July 2017 (LTC baseline).  That assumes the same stability of difficulty we've enjoyed for the last year.  With a flood of new A4s, difficulty will jump up across all coins so it'll be interesting.  I'm assuming the base unit is $1800, $150 shipping, and $200 for a EVGA 1300 PSU with power at $0.10 with an average difficulty increase of 0.1%.  I would call this the BEST case scenario.


http://www.vnbitcoin.org/detailcalculationltc.php?name=LiteCoin_Mining_Rig&startdate=2016-09-20&costperunit=2150&wattperhour=1000&gigahazarate=280000&daytoincrease=3&testlopfirst=1&diffincrement=0.1&bitcoinperdollar=4&electriccostinput=.1&begindifflevel=54344

Yep the only reason I may still get one of these is I got 7 titans (new) this year from a default (1 the 4 cube orig) and 6 (knc liguidation) at 1900 bucks each

thus If I got ONE A4 that would be spread out as risk among all (in my feeble mine anyway) and put my risk at about say $1925 per unit ave price for all ..bot Titans and A4's

thus only way I may do this is IF I think LTC may pump.....and/or get stable timeline from these guys on the A4

the anon optional transaction (private) they are talking about adding to LTC is interesting...so the question is do I think there will be a pump for LTC and if so will it be enough

to be oranges to oranges and keep price of LTC enough to justify this

so thus yet another bet....

lastly ...the main rub I have ..besides if it ever shows up as a demo...is the 45 day warranty ..yech.........so probably not

but likely for those imho who ordered even if late..I expect a BTC pump and LTC pump to keep up ...so I'd bet the real ROI date in the future will be about 9-10 months rather then a
bit more then 1 year at these prices...anyway my guess

could be worse they could have had a demo and fancy video ...and being the asic slut I am the tempatation would have been 'too much' and I'd have already ordered one

but again I suspect all will be OK for those in the group buy.should the unit work as advertised and again imho you will ROI in 9-10 months with (imho) expeced btc and then ltc pump

knock wood

[IIpeBeD_MeDBeD]

Estimated Next Difficulty:   53,241 (-3.12%)
Innosilicon has no A4 

[Searing]

Estimated Next Difficulty:   53,241 (-3.12%)
Innosilicon has no A4 

clarify?

[edgar]

from clueless to escrow service provider.

still requires clarification of the obvious...

...

profit?

[citronick]

I have decided to stop chasing this new miner and invested in more GPU rigs and increase my X11 miners instead and avoid missing some of the hot alt coins now.

My original plan was to grow my A2 hash but if the A4 is not even ready yet, I can't put the funds to work by just keeping it in a hole.

Looking forward to the new A4, until then adios muchacos - will drop in thread from time to time to check on the A4.

[dogjunior]

At this point nothing about  Innosilicon surprises me. No video yet? How hard is it to make a video on your iphone and post it? Only hard if you don't have anything to video.

[Longsnowsm]

I saw in one of the Star Trek movies from way back in the day Scottie cooked up some transparent aluminum to build a tank to save some whales.... He had to use a "quaint" "mouse", but he got it done... 

Now I am starting to think that Inno is so ahead of the times with the A4 that they have built the new A4's from transparent aluminum which is really hard to get on video so they have been delayed in making the video, but I hear they have some whales picked out that they are going to save as a side project...

Now if I can just get my A4's with a tractor beam option and that Romulan cloaking device I would be set... Apparently those are not options in the first batch of A4's...