First ASIC in India

[Street Jammer]

nice one bro !

[1714655093]

1714655093

[Pinwheel]

received today BFL 60ghs miner, powered it by Corsair PSU 750TX. there was power adapter in the box, but ... well it did not look so good as miner. Fixed it on my proxy machine running Debian and cgminer, 60ghs delivered as promised.
thanks BFL one more happy miner.

[escrow.ms]

received today BFL 60ghs miner, powered it by Corsair PSU 750TX. there was power adapter in the box, but ... well it did not look so good as miner. Fixed it on my proxy machine running Debian and cgminer, 60ghs delivered as promised.
thanks BFL one more happy miner.

Congrats dude, you are making too much money lol.

[Pinwheel]

received today BFL 60ghs miner, powered it by Corsair PSU 750TX. there was power adapter in the box, but ... well it did not look so good as miner. Fixed it on my proxy machine running Debian and cgminer, 60ghs delivered as promised.
thanks BFL one more happy miner.

Congrats dude, you are making too much money lol.

that was first day order 06/23/2012, I made one more 2 weeks after that one.

I making too much money, no I dont think so, in last few weeks mining scene changed totally. In individual ranking I'm on  34 position with 300ghs. those guys on top, making money and see it is mostly new users with 6 digits account numbers.

Rank    ID    Speed
   215613   2,962.15 GH/s
   58814   1,644.15 GH/s
   6978          1,501.60 GH/s
4   211598   1,465.35 GH/s
5   57838   1,129.82 GH/s
6   58082   896.94 GH/s
7   68536   819.21 GH/s
8   72053   706.89 GH/s
9   1798       665.65 GH/s
10   74756   663.59 GH/s
11   220977     660.85 GH/s
12   240618   644.58 GH/s
13   240406   548.76 GH/s
14   112774   548.06 GH/s
15   56411   492.38 GH/s
16   237288   490.66 GH/s
17   208454   475.16 GH/s
18   221454   472.75 GH/s
19   239580   455.38 GH/s
20   220956   436.33 GH/s
21   242900   413.54 GH/s
22   24291   409.87 GH/s
23   211435   408.73 GH/s
24   203352   405.29 GH/s
25   221529   404.45 GH/s
34   127135   300.04 GH/s

[Benson Samuel]

Very nice PW. When was your order month?

[Pinwheel]

Very nice PW. When was your order month?

my mistake that was 06/23/2012 not May. total with extra for shipping cost 1600 usd, custom duty 4900.

[buysellbitcoin]

received today BFL 60ghs miner, powered it by Corsair PSU 750TX. there was power adapter in the box, but ... well it did not look so good as miner. Fixed it on my proxy machine running Debian and cgminer, 60ghs delivered as promised.
thanks BFL one more happy miner.

Congrats

Cheers

[buysellbitcoin]

received today BFL 60ghs miner, powered it by Corsair PSU 750TX. there was power adapter in the box, but ... well it did not look so good as miner. Fixed it on my proxy machine running Debian and cgminer, 60ghs delivered as promised.
thanks BFL one more happy miner.

Congrats dude, you are making too much money lol.

I am sure, Pinwheel does not agree with me, but I believe mining now days is kind of zero sum game. BUT if there is any ASIC that can justify the price at this very moment its BFL ( Please I am not talking about Inaba and all that shit.. ).. nothing else.. But again, every one knows, I dont mine and hopefully now will never mine

Cheers

[Pinwheel]

received today BFL 60ghs miner, powered it by Corsair PSU 750TX. there was power adapter in the box, but ... well it did not look so good as miner. Fixed it on my proxy machine running Debian and cgminer, 60ghs delivered as promised.
thanks BFL one more happy miner.

Congrats dude, you are making too much money lol.

I am sure, Pinwheel does not agree with me, but I believe mining now days is kind of zero sum game. BUT if there is any ASIC that can justify the price at this very moment its BFL ( Please I am not talking about Inaba and all that shit.. ).. nothing else.. But again, every one knows, I dont mine and hopefully now will never mine

Cheers

some people looking at mining as sort of get rich fast scheme. it is profitable business, very profitable, problem with depreciation of asset same in most of other business. Larger asset you have more depreciation loses, but with annual profitability more then for example 140% mining is fantastic business. Entry point low too. it is attracting  investments. Network hash rate changing owners. But game is changed radically too, people used to get more money with less, now you have to put more and you will get less. Market forces, at some point this ASIC rush may slow down, but this point hardly visible at the moment.

[cointerra]

Anyone developing ASICs in India yet?

[Benson Samuel]

Anyone developing ASICs in India yet?

I know that some people are already working on a release for a BFL PCB board. Not sure about ASIC chip manufacturers through. All our discussions didn't go too well as CHip manufacturing is too expensive to start with.

[Pinwheel]

friedcat wrote:

Hardware Franchising

This is a new business model option besides self-mining and hardware sales. We will rent the excessive hashing power to financial and technical capable people, accepting full deposits at the market price, shipping the devices and collecting a certain PPS rate based on the theoretical hashrate. The PPS rate, the dividing of cost coverage, as well as warranty/exit strategy are being discussed in detail and executed as small-scale experiments.

This model is similar to hardware sales in the aspect that we do not have in control on how the users make use of our devices, therefore has more decentralization in spirit. And like with self-mining, it aims at settings in scale, enjoying the reduction of NRE cost and operating cost overall, and reducing potential marketing/advertisement/customer service costs.

Project Timeline

August-September: Deploy/sell all hashpower arriving in July and early August.
September-November: Deploy/sell the hashpower ordered at early July.
November-December: Experimental products of 2nd-gen chips and modular large-scale deployment solutions.