First ASIC in India

[Pinwheel]

picture, not connected yet. hope to get power supply from CCTV camera to work today.

Awesome.  20 Ghz's total?

Very nice

these two from first auction, that is why 20ghs, those first blades shipped not overclocked, now I overclocked them and it is 24-25 ghs.

[Pinwheel]

Team India doing well on btcguild.com mining pool

ranked 6

6   Team India   163.80 GH/s

7   Australia   159.34 GH/s
8   bit nj   145.70 GH/s
9   Serbia   109.97 GH/s
10   Bulgaria   103.43 GH/s
11   Russian Federation   88.52 GH/s
12   Poland   82.62 GH/s
13   Krasnoyarsk   78.18 GH/s
14   Malaysia   75.48 GH/s
15   shanghai   65.59 GH/s
16   15890616066   57.91 GH/s
17   7944com   45.28 GH/s
18   Germany   40.87 GH/s
19   VIETNAM   38.88 GH/s
20   darcon   34.31 GH/s
21   Ukraine   31.40 GH/s
22   0000   30.92 GH/s
23   Finland   22.28 GH/s
24   DeathToGSP   20.98 GH/s
25   Croatia   19.33 GH/s

[Benson Samuel]

Team India doing well on btcguild.com mining pool

ranked 6

6   Team India   163.80 GH/s

7   Australia   159.34 GH/s
8   bit nj   145.70 GH/s
9   Serbia   109.97 GH/s
10   Bulgaria   103.43 GH/s
11   Russian Federation   88.52 GH/s
12   Poland   82.62 GH/s
13   Krasnoyarsk   78.18 GH/s
14   Malaysia   75.48 GH/s
15   shanghai   65.59 GH/s
16   15890616066   57.91 GH/s
17   7944com   45.28 GH/s
18   Germany   40.87 GH/s
19   VIETNAM   38.88 GH/s
20   darcon   34.31 GH/s
21   Ukraine   31.40 GH/s
22   0000   30.92 GH/s
23   Finland   22.28 GH/s
24   DeathToGSP   20.98 GH/s
25   Croatia   19.33 GH/s

That is very nice indeed.

[Pinwheel]

7 more blades to deploy, can become around 260 ghs

[rezurect]

Cool man.

Other people are still shitting in their pants, deciding, to buy or not to buy.
The only thing im looking out for is the next die shrink.
Youll make more return, if no other miners come in September, which is very likely considering the BFL saga.
Knc miner sounds like Science fiction considering their Mh/$ ratio and the pics which the've put up on their website makes things worser.

[Pinwheel]

Cool man.

Other people are still shitting in their pants, deciding, to buy or not to buy.
The only thing im looking out for is the next die shrink.
Youll make more return, if no other miners come in September, which is very likely considering the BFL saga.
Knc miner sounds like Science fiction considering their Mh/$ ratio and the pics which the've put up on their website makes things worser.

Many people got misguided by hash rate calculators. those guys appears to be smart and giving gloomy prospects of how hash rate growing and growing and growing and reaching sky high numbers in future. Or you mine and make money or keep counting hash rate.

to win it you have to be in it!

most important concern was, how good those blades are. I ordered first two blade form first auction and tested them quite a bit, overclocked one on 1.3v under good cooling and got 16ghs continuous for 24 hours. these blades are very good and not kind of experimental product. it is industrial quality heavy duty use machines.

modular design extremely smart to. Suppose you have problem with network module, replace it, cost near to nothing, same with power module.not need to replace whole board. everything what these guys do seem so right, in our times of planetarial scale mess. it is RARE.

[Benson Samuel]

Cool man.

Other people are still shitting in their pants, deciding, to buy or not to buy.
The only thing im looking out for is the next die shrink.
Youll make more return, if no other miners come in September, which is very likely considering the BFL saga.
Knc miner sounds like Science fiction considering their Mh/$ ratio and the pics which the've put up on their website makes things worser.

I might be visiting KNC Miner in July to vet their product.

Have been speaking to their Marketing head.

[rezurect]

Well hope for the best.
People on the forum did visit BFL ,i did read reports about the visits. BFL couldn't get the Prototype>Mass Production phase right i guess.

Pinwheel could sell his ASICMiners in September(after breakeven) at whatever Mh/$ ratio other companies are offering for additional profit over mining, if he wants to upgrade to2nd gen miners. He did mention that electricity costs don't matter much in his place, i guess.

Benson: Visiting Swedon.

[Benson Samuel]

Benson: Visiting Swedon.

That is on the proposal table.
If KNC do a good reputation sell off before July, then there goes the trip.

[Pinwheel]

preordered one

Saturn

This device is being designed in parallel by the ORSoC engineers and will offer industry leading performance and power consumption per GH.

The final specifications for this device are being ironed out now but we can confirm the following.

    Minimum 175GH/s per device.
    28nm Standard ASIC

$ 3,795.00

looks like great deal and you does not have pay anything for preorder.

Orsoc company seems like very real thing and they confirmed collaboration with  kncminer

http://orsoc.se/orsoc-and-kncminer-are-partnering-up-to-develop-bitcoin-mining-products/langswitch_lang/en/

[Benson Samuel]

preordered one

Saturn

This device is being designed in parallel by the ORSoC engineers and will offer industry leading performance and power consumption per GH.

The final specifications for this device are being ironed out now but we can confirm the following.

    Minimum 175GH/s per device.
    28nm Standard ASIC

$ 3,795.00

looks like great deal and you does not have pay anything for preorder.

Orsoc company seems like very real thing and they confirmed collaboration with  kncminer

http://orsoc.se/orsoc-and-kncminer-are-partnering-up-to-develop-bitcoin-mining-products/langswitch_lang/en/

Very nice. I kinda like KNC Miner too. Fast responses and they actively try to help with solutions.

I assume that you are on the first truck in September. Lucky Fellah!

[minertt]

+1 buddy all the best!

[Pinwheel]

+1 buddy all the best!

thanks and welcome!!

BFL shipping all models from this week. All orders up to July 2012 will be shipped by using chips and boards which they already have in hands. I have two 64 ghs miners in this first batch.

Currently running 11 blades on HIGH clock and 11 on LOW. still have to sort out problems with adequate power supply and backup and heat removal. need to fix some sort of duct.  Currently mining only on btcguild and making around 10 btc per day with PPLNS payout.

If I can run all blades on HIGH clock that  will make good difference, like 5-6 blades extra.

[nagatlakshmi]

Is BFL available in India?

[Pinwheel]

Is BFL available in India?

i India only thing which I heard is available, from user here Wilson, is FPGA cards, great start in mining.

[Ben1412]

BRO SHARE! Share with us we pay you upfront cash you can let us rent your server for a month

[Pinwheel]

it is 318 blocks to go  till difficulty will change. with current speed network making 180 blocks per day. So, till difficulty change we got less then 2 days. Next difficulty will be 19119512 plus 22%. With current bitcoins rate around 100 usd mining is not  a best investment.

Much better income will be from ASICminer shares. by  buying shares you are renting ASICminer hash rate and cost of shares which you holding growing too.

I purchased first ASICMINER-PT shares  on 16 April for 0.89 btc per shares, now one share cost 2.97. I made profit 398 btc in two months just by holding ASICminer shares.

[Benson Samuel]

it is 318 blocks to go  till difficulty will change. with current speed network making 180 blocks per day. So, till difficulty change we got less then 2 days. Next difficulty will be 19119512 plus 22%. With current bitcoins rate around 100 usd mining is not  a best investment.

Much better income will be from ASICminer shares. by  buying shares you are renting ASICminer hash rate and cost of shares which you holding growing too.

I purchased first ASICMINER-PT shares  on 16 April for 0.89 btc per shares, now one share cost 2.97. I made profit 398 btc in two months just by holding ASICminer shares.

Any speculation on the end value of each PT share?

[Pinwheel]

it is 318 blocks to go  till difficulty will change. with current speed network making 180 blocks per day. So, till difficulty change we got less then 2 days. Next difficulty will be 19119512 plus 22%. With current bitcoins rate around 100 usd mining is not  a best investment.

Much better income will be from ASICminer shares. by  buying shares you are renting ASICminer hash rate and cost of shares which you holding growing too.

I purchased first ASICMINER-PT shares  on 16 April for 0.89 btc per shares, now one share cost 2.97. I made profit 398 btc in two months just by holding ASICminer shares.

Any speculation on the end value of each PT share?

AM shares will continue to rise, little doubts about that. When, I first purchased shares, my decision was based on news that friedcat going to increase his mining hash rate form 9 tera to 25 tera, he increased to 30+. That resulted in increase in dividends paid each week and shares price went up.

At current situation, total bitcoins network hash rate is 131 ths. friedcat already got delivered chips for 100ths, from 200 ths of total chips been ordered and paid. Getting blades manufactured will not take much time, but to deploy such kind of mining is really huge job. Obviously, he will have to sale a lot from these 100 trh. It is 10000 blades 10ghs each. Next 3 months can be real busy time and exponential growth. After that Avalon chips and BitFury may create some competition as their devices will enter market. AM in any way in no loose situation, what ever they cant sale they will mine on it.

Also if looking in longer time mining prospective, this 200 ths chip are definitely will be last of current modification chips. 3-4 months and we can expect new chips and new devices from AM. That is kept in big secrete obviously.

Technology never sleeps and there is a lot advancements in ASICs design and validation on market. It resulted in reduced development time and reduction of development cost. By using existing basic blocks, libraries and schematics new ASIC chip can be designed in one month, add few months for validation of prototypes and here is new ASIC on the market.

Not a boring at all

[Benson Samuel]

Put the Bitfury post in a new thread. It is an awesome buy.