ASICMINER: Erupter Blades. Review, comments, photos, and discussion!

[alexuk]

Now that the auction has finished, im kicking off this thread for feedback of the first 10 Erupters!

Thanks John got handling he auction, and not to mention FriedCat and the ASICMINER crew for the Erupters!

As soon as my device arrives - ill post videos + photos and a review!

THE WINNERS:

alexuk	BTC76
eb3full	BTC76
waterpowered	BTC75
LainZ	BTC75
Batteryfire	BTC75
Pinwheel	BTC75
Pinwheel	BTC75
pixel75	BTC75
MacDschie	BTC75
MacDschie	BTC75

Introduction
This is the first round of a series of auctions for Bitfountain products. 10 Block Erupter blades, the same as the ones used in ASICMINER's actual deployment, are available for bidding in this round. We start with this experimental auction to collect the user criticisms for improving our products, as well as the market reaction for deciding how to release the hashpower over the world.

The Blades
Each of them outputs at least 10G hashes per second. They work well separately, yet are extensible to larger scale. Our entire farm is built up from them. The blades in our mining farm have been running during the last two months. From our experience, they are stable and robust. We list the key features of this product here:

ASIC-Powered Efficiency Each blade consists of 32 hashing chips. It has the baseline speed of 10GHash/s, the rated speed of 10.752GHash/s, and the maximum speed of 12.829GHash/s with overclocking and proper cooling. The power consumption is 83Watts per blade in room temperature on rated clock and voltage.

Modularity Each blades consists of a hasher, a power module, and an Ethernet controller. Each of them is easily replacable.

Independence The blades can be directly plugged to the internet and mine after configuration, with no host PCs needed.

Quick Installation The setup is almost self-explained. After assembly and powering up, access 192.168.1.254:8000 from your PC for configuration.

Compactness
  Hasher size: 233mm x 116mm with a 227mm x 100mm x 19mm heat sink attached to its back
  Power module size: 192mm x 89mm
  Ethernet controller size: 86mm x 40mm

Safety Fusing and polarity protection are built in the power module.

Notes

Heat Dissipation Our blades work well un-crowded without fans on room temperature, but it is recommended to supply some airflow to the heatsink.

Over-Voltage For overclocking, you will need to adjust the trimmers on the power module to increase the voltage output.

Power Supply Please make sure you have an external source of 12V DC voltage output and at least 10A current output to power up one blade.

Internet You need the internet access via network cables if you want to plug the blades directly to the internet.

Warranty Free replacement of dysfunctional blades. We also pay the re-shipping fee from our place to yours.

Photos

Complete Album - http://imgur.com/a/PkOcu#3

The Block Erupter Blade



FAQ

1. What is the delivery time for this? Do you have current stock on hand for immediate shipping after the auction has concluded?

Immediate delivery. We have current stock on hand.

2.

....

Does it mean that these blades are different from the 64-chip ones found in these pictures?:
https://bitcointalk.org/index.php?topic=99497.msg1493791#msg1493791

They are the same with these pictures. They are all 32-hashing chip ones. The smaller chip near each hashing chip is the 74LVC126 buffer.

3. Are there any sample photos of the blades? (Note that these photos can be reused at a future auction so getting some will be great)

Yes. They will be provided soon.

3 i. Are these just raw boards with no chassis? (answered easily with the photos)

Yes. The boards come without case.

4. Does the direct network connection support stratum?

No, a stratum proxy is necessary.

5. Are backup pools implemented?

Yes. The board will switch to the backup pool if the primary pool fails to give the work within the timeout.

6. Just to confirm, is the boards shipping from Hong Kong?

Hong Kong or Shenzhen. Most probably from Hong Kong.

7. Warranty period?

Six months from the day of shipping.

8. Software of the blades?

Written from scratch by one of our partner companies. It runs on the PIC18F67J60 MCU on our ethernet controller.

[alexuk]

good luck making the bitcoin back! lol

should take approx 6-7 months!

[nsfsj]

good luck making the bitcoin back! lol

Time is of the essence. Probably as much of a possibility of making his BTCs back as one who buys a 90GH/s received in august.

EDIT: For the same price I might add. Difficulty will rise quite steep so 10GH/s now >> 100GH/s within months.

[Bitsaurus]

So 76BTC buys 10GH/s with low power usage?

I'll lease my 12GH/s worth of 7970s for 4 years electricity paid for 100BTC 

Other than being rack mountable is there something I'm missing?

[shibaji]

good luck making the bitcoin back! lol

should take approx 6-7 months!

Good luck with that. This will indeed go down the history books of bitcoin, in the hall of suckers.

[relm9]

With the possibility of BFL actually shipping these may never make their BTC back. Even then, it's a stretch since Avalon is deploying more chips.

[StringTheory]

I'm interested to see if these will pay off or not.  76 BTC seems like so much to me.  Best of luck to you investors.

[John Self]

They'll be lucky to make back the investment.

[computerparts]

That auction got stupid real fast. It's pitiful. Just throw out the word asic and people lose all common sense, rationality, and throw their money out the window.

[johnyj]

That auction got stupid real fast. It's pitiful. Just throw out the word asic and people lose all common sense, rationality, and throw their money out the window.

The spirit is: If you don't own an ASIC miner, you are not a true bitcoiner 

[shibaji]

That auction got stupid real fast. It's pitiful. Just throw out the word asic and people lose all common sense, rationality, and throw their money out the window.

The spirit is: If you don't own an ASIC miner, you are not a true bitcoiner 

Hey - no need to go that far. Just keep on mining with cpuminer - it will not produce any coin, but it is still an asic miner!

[nebulus]

I'm interested to see if these will pay off or not.  76 BTC seems like so much to me.  Best of luck to you investors.

One day Smithsonian will pay great bucks for these...

[JimiQ84]

C'mon people, it will make BTCs back. At most in a year, but 6-7 months seems more precise timeframe.

Difficulty won't rise exponentialy forever. In a year it can be at 300M, which will make AM still profitable (energy-wise).

[LazyOtto]

That auction got stupid real fast. It's pitiful. Just throw out the word asic and people lose all common sense, rationality, and throw their money out the window.

Well, at one level there is some rationality.

Just comparing to my setup, they paid 4x the cost (in USD equivalent) for 4x the hash rate per second as I did for FPGAs. IOWs, they paid about $825 USD per gh/s. So did I for the FPGAs.

And, I think, their energy cost per gh/s is less than half of mine. (Maybe closer to a fourth.)

However, my FPGAs have been constantly mining since blocks were worth 50btc each. Oh, and starting when difficulty was about a fourth what it is now.

-- edit - Improved some phrasing, estimates, in the third paragraph.

[shibaji]

C'mon people, it will make BTCs back. At most in a year, but 6-7 months seems more precise timeframe.

Difficulty won't rise exponentialy forever. In a year it can be at 300M, which will make AM still profitable (energy-wise).

BWAHAHAHAHAHAHAHA

[mrb]

C'mon people, it will make BTCs back. At most in a year, but 6-7 months seems more precise timeframe.

Difficulty won't rise exponentialy forever. In a year it can be at 300M, which will make AM still profitable (energy-wise).

Difficulty does not have to rise exponentially forever. It just has to rise 35% month-over-month, for merely 12 months, and the buyers will never make their money back: https://bitcointalk.org/index.php?topic=178275.msg1889860#msg1889860

For the record, 35% per month for 12 months would bring the network to ~2000 Thash/s total, which half of it is already being built or planned by various entities (100TH-Mine, BFL, ASICMINER, OEM Avalon Chip Customers, etc).

[seleme]

I'm, pretty sure that auction was clear manipulation to rise Asicminer share price, no sane man would pay 76 btc for 10GH device.

And they run operation spectacularly, shares more than doubled in a day or two.

The amount of manipulation and corruption in bitcoin community these days is staggering.

[mrSprinkles]

C'mon people, it will make BTCs back. At most in a year, but 6-7 months seems more precise timeframe.

Difficulty won't rise exponentialy forever. In a year it can be at 300M, which will make AM still profitable (energy-wise).

BWAHAHAHAHAHAHAHA

I think your font and word choice just gave me a hernia.

[turtle83]

I'm interested to see if these will pay off or not.  76 BTC seems like so much to me.  Best of luck to you investors.

i think these guys are betting on BTC in the future is worth more than BTC right now...

[nsfsj]

I'm interested to see if these will pay off or not.  76 BTC seems like so much to me.  Best of luck to you investors.

i think these guys are betting on BTC in the future is worth more than BTC right now...

In which case the 75 BTC would be worth more as well...

[alexuk]

I'm interested to see if these will pay off or not.  76 BTC seems like so much to me.  Best of luck to you investors.

i think these guys are betting on BTC in the future is worth more than BTC right now...

In which case the 75 BTC would be worth more as well...

Yes, but the value of 75BTC @ 19th April (when i exchanged cash for BTC) != value of 75BTC @ 1st September.

[nsfsj]

I'm interested to see if these will pay off or not.  76 BTC seems like so much to me.  Best of luck to you investors.

i think these guys are betting on BTC in the future is worth more than BTC right now...

In which case the 75 BTC would be worth more as well...

Yes, but the value of 75BTC @ 19th April (when i exchanged cash for BTC) != value of 75BTC @ 1st September.

That logic is flawed. The value of your 75 BTC compared to the value you will get out of mining using 10GH/s (minus energy cost) is what you need to compare.

[lan787]

I'm, pretty sure that auction was clear manipulation to rise Asicminer share price, no sane man would pay 76 btc for 10GH device.

And they run operation spectacularly, shares more than doubled in a day or two.

The amount of manipulation and corruption in bitcoin community these days is staggering.

I would pay if I had. Bid 71.5.

If you check the forum time you will notice that share price increased after auction announcement but before "insane" bids. In fact share price dropped at the end to 1.1 or even 0.9 (guess why)

Don't think I'm insane. Bought shares for 0.8 in the morning and sold for 1.3 the next day. Got "free" 30btc to buy that thing.

Easy money lead to easy spending. People really wanted those devices, don't think it is wise to insult them in this thread.

[troner]

I'm afraid some of you just don't get it.

These blades will simply NEVER make 75 BTC.

[pheaonix]

so avalons shipped today are worth around 50k each according to this gh/$ rate.

lol.

i kinda hope all of ths excess money is going to a good cause. like starving african kids or something.

[shibaji]

so avalons shipped today are worth around 50k each according to this gh/$ rate.

lol.

i kinda hope all of ths excess money is going to a good cause. like starving african kids or something.

+100

[creativex]

so avalons shipped today are worth around 50k each according to this gh/$ rate.

lol.

Correct.

http://www.ebay.com/sch/i.html?_nkw=avalon+bitcoin&_in_kw=1&_ex_kw=&_sacat=0&_okw=&_oexkw=&_adv=1&LH_Complete=1&_udlo=&_udhi=&_samilow=&_samihi=&_sadis=200&_fpos=&_fsct=&LH_SALE_CURRENCY=0&_sop=1&_dmd=1&_ipg=50

http://www.ebay.com/itm/Batch-2-Avalon-ASIC-Pre-Order-Bitcoin-Mining-Rig-/321106241910?pt=LH_DefaultDomain_0&hash=item4ac36c6976
http://www.ebay.com/itm/Avalon-ASIC-Bitcoin-BTC-Mining-Computer-Rig-Miner-Unit-Pre-Order-/181119175301?pt=LH_DefaultDomain_0&hash=item2a2b8b4a85

[seleme]

I'm, pretty sure that auction was clear manipulation to rise Asicminer share price, no sane man would pay 76 btc for 10GH device.

And they run operation spectacularly, shares more than doubled in a day or two.

The amount of manipulation and corruption in bitcoin community these days is staggering.

I would pay if I had. Bid 71.5.

If you check the forum time you will notice that share price increased after auction announcement but before "insane" bids. In fact share price dropped at the end to 1.1 or even 0.9 (guess why)

Don't think I'm insane. Bought shares for 0.8 in the morning and sold for 1.3 the next day. Got "free" 30btc to buy that thing.

Easy money lead to easy spending. People really wanted those devices, don't think it is wise to insult them in this thread.

They had increased but to some 0.8-0.9, I was interested in buying but refused even if I thought they might rise, they're just not worth that amount and I didn't want to be part of that bullshit. They went to 1.6 in auction time.

Shares that give 0.006 btc weekly are just worth more than 0.4-0.5, except with manipulation and hype asicminer share holders using to rise their price. We're 2 months from huge number of asics on the market, AM's network hashrate percentage won't be remotely close to where it is now and yet people were paying 300 weeks dividends worth amount for one share, lol. What a bloody moron someone has to be to bite that.

[DPoS]

remember there are people on this planet that can't spend all their money if they tried

they don't need to make any btc back.. they already won by winning the auction.  That was their main goal

wealth divide in full effect

[LazyOtto]

In this post: https://bitcointalk.org/index.php?topic=178051.0
the estimate is that ROI for these devices which sold at 75btc is roughly 2.5 months.

[seleme]

In this post: https://bitcointalk.org/index.php?topic=178051.0
the estimate is that ROI for these devices which sold at 75btc is roughly 2.5 months.

you might want to check that again

You can produce less than 0.6BTC daily with that hash power at today's difficulty. So even if difficulty would stay same you'd need more than 4 months to meet ROI

[LazyOtto]

"you might want to check that again"

Nope. 

*I* didn't make any estimate / statement.
Merely pointed to where 'some other dude' had done so.

As I thought some in this thread might find that interesting.

If you disagree, I suggest you go 'over there' and join in that discussion. I'm sure your reasonable disagreements will be welcomed and the discussion / estimates might be improved by a rational discourse about different assumptions.

[LazyOtto]

Hold!

My apologies.

My bad / my misreading.

"shows that an Avalon"

[lan787]

We're 2 months from huge number of asics on the market, AM's network hashrate percentage won't be remotely close to where it is now and yet people were paying 300 weeks dividends worth amount for one share, lol. What a bloody moron someone has to be to bite that.

Seems you are pretty confident in what you are saying. Why don't you sell an options to buy shares.  or futures or whatever. If this bubble gonna burst in 2 months you will be rich.

[alexuk]

Just got a message from Friedcat that the unit has shipped - should arrive sometime this week.....

[allinvain]

Every SECOND is precious with your new toy. Hope he shipped it via worm hole teleportation express. IMHO this auction was waaay overpriced. And to think people bitched that Batch 3 Avalon units were expensive. You can be sure that none of them bough these "Erupters".

[shibaji]

Every SECOND is precious with your new toy. Hope he shipped it via worm hole teleportation express. IMHO this auction was waaay overpriced. And to think people bitched that Batch 3 Avalon units were expensive. You can be sure that none of them bough these "Erupters".

Dude - at this point, it is pretty clear that the buyers of these boards:

1. Have too much money
2. Did not buy to make profit, not even break even
3. Bought it for historic value (  )

I am inclining towards thinking some of the buyers will directly put these on the showcase instead of mining with them at all. 

[JimiQ84]

I find it rather amusing that asicminer customers will have their erupter blades sooner than Avalon batch #2 customers will have their Avalons, which have been ordered in february  

[shibaji]

I find it rather amusing that asicminer customers will have their erupter blades sooner than Avalon batch #2 customers will have their Avalons, which have been ordered in february  

Yes, the asicminer blades certainly have some amusement value - even the auction was very amusing. 

[seleme]

We're 2 months from huge number of asics on the market, AM's network hashrate percentage won't be remotely close to where it is now and yet people were paying 300 weeks dividends worth amount for one share, lol. What a bloody moron someone has to be to bite that.

Seems you are pretty confident in what you are saying. Why don't you sell an options to buy shares.  or futures or whatever. If this bubble gonna burst in 2 months you will be rich.

To Buy AM shares? I wouldn't buy them if they would go to 10BTC each in a week. It's a matter of principles. It's a classic pump priced share and I don't want to sell it to some sucker later just for him to lose most of his money in few weeks when AM network power percentage drops heavily.

[CrazyGuy]

Did all auction winners end up paying? I've got my batch #2 Avalon listed in goods at >40% off BlockErupter winning price with no bites from anyone, including those that bid over 42BTC but did not win. Seems like they would be all over a deal like that. I'd have to agree that this sale smells a little fishy.

[romerun]

avalon batch #2 is 500btc+ as of now. The blade thing is 7 time less cheap, yet only 6.5 time less H. And you can have it right now. Instead it smells fishily delicious.

[CrazyGuy]

avalon batch #2 is 500btc+ as of now. The blade thing is 7 time less cheap, yet only 6.5 time less H. And you can have it right now. Instead it smells fishily delicious.

I'm selling mine for 300BTC. That is >=6.7 times the hashing power of the erupters for just 4 times the price. Much better deal, but no one seems to be interested yet. I'm also offering escrow through a reputable member with coins returned in the event of a prolonged Avalon delay for a higher price(still 11% lower than the erupter auction sale)

[JimiQ84]

avalon batch #2 is 500btc+ as of now. The blade thing is 7 time less cheap, yet only 6.5 time less H. And you can have it right now. Instead it smells fishily delicious.

I'm selling mine for 300BTC. That is >=6.7 times the hashing power of the erupters for just 4 times the price. Much better deal, but no one seems to be interested yet. I'm also offering escrow through a reputable member with coins returned in the event of a prolonged Avalon delay for a higher price(still 11% lower than the erupter auction sale)

Do you have your Avalon with you? How long before it gets shipped?

[CrazyGuy]

avalon batch #2 is 500btc+ as of now. The blade thing is 7 time less cheap, yet only 6.5 time less H. And you can have it right now. Instead it smells fishily delicious.

I'm selling mine for 300BTC. That is >=6.7 times the hashing power of the erupters for just 4 times the price. Much better deal, but no one seems to be interested yet. I'm also offering escrow through a reputable member with coins returned in the event of a prolonged Avalon delay for a higher price(still 11% lower than the erupter auction sale)

Do you have your Avalon with you? How long before it gets shipped?

It's batch 2, so it's not in hand, but I've come up with a method to handle that. Price starts at 450, once buyer commits, price decreases 25BTC per week until unit is shipped from Avalon(more or less what you would make mining with the device) I will request John the Dog for escrow.
https://bitcointalk.org/index.php?topic=183598.0

[shibaji]

I will request John the Dog for escrow.

 

John the Dong will be amused.

[CrazyGuy]

I will request John the Dog for escrow.

 

John the Dong will be amused.

I have seen him referenced that way but thought it surely was a typo, given his forum avatar... My apologies Mr. Dong! I've sent him a PM with escrow request.

I'd like to reiterate that the buyer who purchases my Batch 2 Avalon will be effectively mining on day 1 at 3.57 BTC per day with no difficulty increase. If the price goes down to 300 BTC(6 week delay from Avalon), you will have the option to cancel or wait it out at 300BTC.

[friedcat]

The following auctions of blades will be after the collection of the feedback and (possibly) the modification and improvement of the design/manufacturing. But before that there will be auctions of USB sticks as soon as they are available. Shipping will also be immediate.

The users of the first round of auction are granted a free upgrade option to the blades of the improved design with the timescale the same as the free replacement warranty.

[Wesly]

I find it amusing as well as sorry for the poor Avalon Batch #2 customers who paid 5 times less for ASIC machines that can do 6 times the hash rate of ASICMINER Erupter Blades.  Hmm..  I wonder who will be better off 2 months from now?

I find it rather amusing that asicminer customers will have their erupter blades sooner than Avalon batch #2 customers will have their Avalons, which have been ordered in february  

[Inspector 2211]

I find it amusing as well as sorry for the poor Avalon Batch #2 customers who paid 5 times less for ASIC machines that can do 6 times the hash rate of ASICMINER Erupter Blades.  Hmm..  I wonder who will be better off 2 months from now?

I find it rather amusing that asicminer customers will have their erupter blades sooner than Avalon batch #2 customers will have their Avalons, which have been ordered in february  

This.

[Rampion]

I'm interested to see if these will pay off or not.  76 BTC seems like so much to me.  Best of luck to you investors.

i think these guys are betting on BTC in the future is worth more than BTC right now...

In which case the 75 BTC would be worth more as well...

Yes, but the value of 75BTC @ 19th April (when i exchanged cash for BTC) != value of 75BTC @ 1st September.

So just keep your 75BTC until 1st September

If the difficulty grows as projected, those blades will breakeven at best, thus if you think BTC price will rise just hold on your BTC

Simple logic and common sense.

[Rampion]

Did all auction winners end up paying? I've got my batch #2 Avalon listed in goods at >40% off BlockErupter winning price with no bites from anyone, including those that bid over 42BTC but did not win. Seems like they would be all over a deal like that. I'd have to agree that this sale smells a little fishy.

The difference: blades were immediately available - in fact they have been already shipped. Avalon batch #2... Who knows when it will arrive?

Having the unit on hand makes a HUGE difference.

[Bitsaurus]

Did all auction winners end up paying? I've got my batch #2 Avalon listed in goods at >40% off BlockErupter winning price with no bites from anyone, including those that bid over 42BTC but did not win. Seems like they would be all over a deal like that. I'd have to agree that this sale smells a little fishy.

The difference: blades were immediately available - in fact they have been already shipped. Avalon batch #2... Who knows when it will arrive?

Having the unit on hand makes a HUGE difference.

Yes 10GH/s will get you 0.5BTC today and for the next 5 days, then 0.4 for 10 days, then 0.3 and so on.  It will have a head start but when it can only make 0.5 BTC to start off, when difficulty is 5x it will make only 0.1/day - one might be holding their breathe waiting for ROI.

I guess it all depends on whether you trust the network to lay low for a month.

[JimiQ84]

also, how many bitcoins will you have if you bought them in february instead of buying Avalon #2?

[JimiQ84]

first unit has been delivered. Paid on saturday, delivered on tuesday. Incredible.

[seleme]

You just have to look at the original Asicminer thread and you'll see all those that invested in AM care about is Asicminer shares, they'd mess with complete bitcoin network hashrate and decentralization just to receive 0.001 btc bigger dividend and see their share be worth few bitcents more.

 If you own load of AM shares that gained 1 BTC in value overnight after blades and USB announcement  and blades auction stuff, you won't mind spending 75 BTC for nowehere close worth product just to pump those prices.

Friedcat, do the right stuff, get rid off auction bullshit, find a real, realistic price for your products and sell them on fixed price like any serious manufacturer does.

This stuff can just hurt the image of your company. If you follow the greed of your shareholders you'll find yourself doomed at some moment soon or later.

[sunblaster]

You just have to look at the original Asicminer thread and you'll see all those that invested in AM care about is Asicminer shares, they'd mess with complete bitcoin network hashrate and decentralization just to receive 0.001 btc bigger dividend and see their share be worth few bitcents more.

 If you own load of AM shares that gained 1 BTC in value overnight after blades and USB announcement  and blades auction stuff, you won't mind spending 75 BTC for nowehere close worth product just to pump those prices.

Friedcat, do the right stuff, get rid off auction bullshit, find a real, realistic price for your products and sell them on fixed price like any serious manufacturer does.

This stuff can just hurt the image of your company. If you follow the greed of your shareholders you'll find yourself doomed at some moment soon or later.

As much as I wish that was true, a business is in business to maximize a profit, I don't know what their manufacturing capabilities are, but I guess it's not 1000 of units a month, so auctioning off units that are IN STOCK makes sense from maximizing profit prospective. Although it does suck for everyone who wants one.

Believe me if they had 1000s of blades sitting on the shelve there wouldn't be an auction.

PS: NOTE about delivery from China, as you see it can be super fast. I recall I bought a computer three months ago and it arrived from Hong Kong in 3 days via DHL to Canada, and shipping was $90.

[CrazyGuy]

Did all auction winners end up paying? I've got my batch #2 Avalon listed in goods at >40% off BlockErupter winning price with no bites from anyone, including those that bid over 42BTC but did not win. Seems like they would be all over a deal like that. I'd have to agree that this sale smells a little fishy.

The difference: blades were immediately available - in fact they have been already shipped. Avalon batch #2... Who knows when it will arrive?

Having the unit on hand makes a HUGE difference.

Yes 10GH/s will get you 0.5BTC today and for the next 5 days, then 0.4 for 10 days, then 0.3 and so on.  It will have a head start but when it can only make 0.5 BTC to start off, when difficulty is 5x it will make only 0.1/day - one might be holding their breathe waiting for ROI.

I guess it all depends on whether you trust the network to lay low for a month.

Yes, but the buyer of my batch 2 unit starts mining on day 1 of their purchase. I am taking 25BTC off final purchase price per week Avalon delays shipment after buyer commits. The buyer is effectively mining at > 3.5 BTC per day until Avalon ships. This is a much better deal.
https://bitcointalk.org/index.php?topic=183598.0

[shmadz]

also, how many bitcoins will you have if you bought them in february instead of buying Avalon #2?

56.82106592 BTC

just a guess

[alexuk]

Update

Just found out that the package is being held at the delivery centre @ DHL pending payment of customs duty feeds of approx £35

Going over there today to pick it up, pay the fees, and bring it home.

[alexuk]

ITS AWAY!

more pics / info later today

Hash Rate(MHS):   10025
Received Jobs:   0000000682
Accepted Shares:   0000000672
Shares Per Minute:   137.14
Accepted/Received:   098.53%
Board Up Time:   0d,00h,04m,54s

[loshia]

ITS AWAY!

more pics / info later today

Hash Rate(MHS):   10025
Received Jobs:   0000000682
Accepted Shares:   0000000672
Shares Per Minute:   137.14
Accepted/Received:   098.53%
Board Up Time:   0d,00h,04m,54s

Congrats!
Enjoy your toy   

[BR0KK]

ITS AWAY!

more pics / info later today

Hash Rate(MHS):   10025
Received Jobs:   0000000682
Accepted Shares:   0000000672
Shares Per Minute:   137.14
Accepted/Received:   098.53%
Board Up Time:   0d,00h,04m,54s

Pic's or it didn't happen


SERIOUSLY i'm craving for PIC's ......

[friedcat]

Here is our tips on using the blades under active extension and modification:

https://docs.google.com/document/d/1VMO3VfIBy3KIwUaaQ8XhKrSVEbXeeMEqsVhhk6Bz9io/edit?usp=sharing

[alexuk]

ASICMINER Erupter blade - first look

http://www.youtube.com/watch?v=tGLyJf6GDMs


ASICMINER Erupter blade - config menu

http://www.youtube.com/watch?v=XSbs35W8eqA


ASICMINER Erupter blade - box, modules, heat

http://www.youtube.com/watch?v=jf6Tb-vz_Tk&feature=youtu.be

[alexuk]

Initial thoughts:

* Blade can take up to 10-15mins to get to 10Ghash/s
* After and hour, acceptance rate is around 97%
* drawing about 70-80watts power.

Issues / problems found so far:

* Stratum worker isnt supported? i cant seem to get it to connect to btcguild's stratum server
* DONT wire up with just molex 12v power - use a video card power connector 12V lines - 2x 12V cables. (should be added to a guide)
* You cant tell which wires should go in where for the power adapter - but quickly solved once you flip over the PCB - and you can see +'s and -'s
* Hard to mount / stand up the blade vertically, would be nice for some drill holes along an edge of the PCB so you can fix struts to mount the blade onto something

[JimiQ84]

I appreciate your videos and thoughts, it's all very nice. I also wonder why everyone uses BTC guild like the guy who unpacked first Jalapeno :-)

[Newscastix]

I appreciate your videos and thoughts, it's all very nice. I also wonder why everyone uses BTC guild like the guy who unpacked first Jalapeno :-)

+1 and then people panic when they get close to 50%...

there are other big pools to use...

[alexuk]

Friedcat

The wording on the document is a bit off -

""4. To change the output voltage of each power lane, attach the red stick of the multimeter onto the joint space between the lane’s 2R2 inductor and the two capacitors nearby, and the black stick onto the negative input of the 4 pole connector, then use a small screwdriver to adjust the trimmer.
""

see video here:

http://www.youtube.com/watch?v=s0i4Z_nPtZE&feature=youtu.be

wording should be changed to:

"
4. To change the output voltage of each power lane, attach the red stick of the multimeter onto the lane’s 2R2 inductor metal connector, and the black stick onto the negative input of the 4 pole connector, then use a small screwdriver to adjust the trimmer.
"

[alexuk]

quick video showing what the clock switch - didnt do ... ill fiddle the voltage later tonight

ASICMINER Erupter blade - config menu - clock switch

http://youtu.be/A5QMx-eaN34

[alexuk]

I appreciate your videos and thoughts, it's all very nice. I also wonder why everyone uses BTC guild like the guy who unpacked first Jalapeno :-)

Im honestly unsure why im with BTC guild, i should shop around a bit more, but other than the fees %, why bother?

[dlasher]

I appreciate your videos and thoughts, it's all very nice. I also wonder why everyone uses BTC guild like the guy who unpacked first Jalapeno :-)

Im honestly unsure why im with BTC guild, i should shop around a bit more, but other than the fees %, why bother?

Because BTC Guild is:

• fast
• stable
• up
• redundant
• first to implement new features (like stratum)
• friendly
• well supported by an accessible admiin

[Uglux]

...VVS

[alexuk]

...VVS

iphone

[alexuk]

more data

NMAP scan shows only port 8000 open ....

Nmap scan report for 192.168.0.100
Host is up (0.0083s latency).
Scanned at 2013-04-24 15:19:36 BST for 780s
Not shown: 65534 filtered ports
PORT     STATE SERVICE
8000/tcp open  http-alt
MAC Address: 00:04:A3:4F:15:66 (Microchip Technology)

Read data files from: /usr/share/nmap
Nmap done: 1 IP address (1 host up) scanned in 779.74 seconds
           Raw packets sent: 131117 (5.769MB) | Rcvd: 55 (2418B)

[alexuk]

If you guys want specifics / videos / pictures on anything, let me know.

[JimiQ84]

If you guys want specifics / videos / pictures on anything, let me know.

I am looking forward to overclocking experiment

[BR0KK]

Could you try p2pool?

[OtaconEmmerich]

...VVS

iphone

It's still unforgivable!  VVS is bad and should never happen if need be.

[SebastianJu]

I'm, pretty sure that auction was clear manipulation to rise Asicminer share price, no sane man would pay 76 btc for 10GH device.

And they run operation spectacularly, shares more than doubled in a day or two.

The amount of manipulation and corruption in bitcoin community these days is staggering.

Yup, and ASICMINER shares are not worth even .4 BTC each.

Because then you would get 100% ROI each year and not only 36% like it is now? (based on dividend of april 24th and a shareprice of 1.12BTC)
If you know a sure investment thats better please tell me.

Even investing in miners now is risky because everytime the hashrate can explode if AM starts deploying in new datacenter, BFL finally manages to ship or all the 57 x 10,000 Avalon chips that are ordered reach their target (https://blockchain.info/address/1FGAftzSTztFSB8LMwsrdCKTyqGY6zr3sU)

[seleme]

Comparing annual BTC roi with usual investment knowing everything about it's volatility is ultimate nonsense.

[Batteryfire]

Got mine this morning! What's the difference between "clock: high" and "clock: low"?

[alexuk]

Got mine this morning! What's the difference between "clock: high" and "clock: low"?

Clock high wont work unless you overvolt the powerlines (as per Friedcat's documentation) - youll gain approx 10% hashing rate. If you do switch the clock to high, and you have not overvolted, the blade will start spitting out errors

Clock low works as per normal, youll get 10gh/s approx

[JimiQ84]

good thing is that difficulty seems to be stagnating (current estimated rise is 5% and we are some 850 blocks from change). So doomsayers prediction of sustained 16% rise didn't come true :-)

[friedcat]

Friedcat

The wording on the document is a bit off -

""4. To change the output voltage of each power lane, attach the red stick of the multimeter onto the joint space between the lane’s 2R2 inductor and the two capacitors nearby, and the black stick onto the negative input of the 4 pole connector, then use a small screwdriver to adjust the trimmer.
""

see video here:

http://www.youtube.com/watch?v=s0i4Z_nPtZE&feature=youtu.be

wording should be changed to:

"
4. To change the output voltage of each power lane, attach the red stick of the multimeter onto the lane’s 2R2 inductor metal connector, and the black stick onto the negative input of the 4 pole connector, then use a small screwdriver to adjust the trimmer.
"

What I really meant was to insert the red stick (deeper) to the space between the 2R2 inductor and the capacitors to make the stick more stable to handle by hand. The metal pins on the 2R2 inductor is also OK.

[friedcat]

Initial thoughts:

* Blade can take up to 10-15mins to get to 10Ghash/s
* After and hour, acceptance rate is around 97%
* drawing about 70-80watts power.

* Yes. But sometimes some of them will be quicker.

* 97%-100% is the normal range

* With downvoltaging to 1.03-1.05V the power consumption might be even under 70watts. But of course this excludes the power loss on the PSU.

Issues / problems found so far:

* Stratum worker isnt supported? i cant seem to get it to connect to btcguild's stratum server
* DONT wire up with just molex 12v power - use a video card power connector 12V lines - 2x 12V cables. (should be added to a guide)
* You cant tell which wires should go in where for the power adapter - but quickly solved once you flip over the PCB - and you can see +'s and -'s
* Hard to mount / stand up the blade vertically, would be nice for some drill holes along an edge of the PCB so you can fix struts to mount the blade onto something

* Stratum worker is not supported. But the boards could be connected to a stratum mining proxy.

* The one-cable-two-layer output of some 12V power sources are indeed hard to wire up. We also suggest using a PSU with two output cables.

* Yes. The back side of the PCB has a mark of polarity. And you only need to power (any) one + and (any) one -. The additional ones are for nesting.

* Yes. This is what in our mind in our improvement design.

[alexuk]

Initial thoughts:

* Blade can take up to 10-15mins to get to 10Ghash/s
* After and hour, acceptance rate is around 97%
* drawing about 70-80watts power.

* Yes. But sometimes some of them will be quicker.

* 97%-100% is the normal range

* With downvoltaging to 1.03-1.05V the power consumption might be even under 70watts. But of course this excludes the power loss on the PSU.

Issues / problems found so far:

* Stratum worker isnt supported? i cant seem to get it to connect to btcguild's stratum server
* DONT wire up with just molex 12v power - use a video card power connector 12V lines - 2x 12V cables. (should be added to a guide)
* You cant tell which wires should go in where for the power adapter - but quickly solved once you flip over the PCB - and you can see +'s and -'s
* Hard to mount / stand up the blade vertically, would be nice for some drill holes along an edge of the PCB so you can fix struts to mount the blade onto something

* Stratum worker is not supported. But the boards could be connected to a stratum mining proxy.

* The one-cable-two-layer output of some 12V power sources are indeed hard to wire up. We also suggest using a PSU with two output cables.

* Yes. The back side of the PCB has a mark of polarity. And you only need to power (any) one + and (any) one -. The additional ones are for nesting.

* Yes. This is what in our mind in our improvement design.

Thanks for the feedback

im going to be setting up a getwork / stratum proxy tonight

https://github.com/slush0/stratum-mining-proxy



Some other observations:

* ive seen / heard the blade randomly restart (upon restart you can heard a quiet audible clicking sound - which must be the voltage relays), im assuming this is a auto/feature of the blade if a ASIC chip locks up / has issues / or overheat? (solved - see new thread for possible issue)


Feature suggestions

* the MH/s counter seems to be the average since bootup to now().  Would a 1, 5, 15min mh/s counter be possible? (is there a onboard clock the "microchip" uses at all)?
* how do you perform upgrades of firmware / software?

Thanks!

[mrb]

good thing is that difficulty seems to be stagnating (current estimated rise is 5% and we are some 850 blocks from change). So doomsayers prediction of sustained 16% rise didn't come true :-)

You are wrong: current estimated increase is 11% and there is *no* sign of stagnating in sipa's graphs.

[friedcat]

Thanks for the feedback

im going to be setting up a getwork / stratum proxy tonight

https://github.com/slush0/stratum-mining-proxy



Some other observations:

* ive seen / heard the blade randomly restart (upon restart you can heard a quiet audible clicking sound - which must be the voltage relays), im assuming this is a auto/feature of the blade if a ASIC chip locks up / has issues / or overheat?

Feature suggestions

* the MH/s counter seems to be the average since bootup to now().  Would a 1, 5, 15min mh/s counter be possible? (is there a onboard clock the "microchip" uses at all)?
* how do you perform upgrades of firmware / software?

Thanks!

* The ethernet controller restarts when the network connection times out or it experiences a long time of no accepted shares.

* It is possible, and we will include it into the TODO list of our later versions of firmware.

* You need a Microchip PICKit 2 to program the new firmware in.

[organofcorti]

good thing is that difficulty seems to be stagnating (current estimated rise is 5% and we are some 850 blocks from change). So doomsayers prediction of sustained 16% rise didn't come true :-)

You are wrong: current estimated increase is 11% and there is *no* sign of stagnating in sipa's graphs.

In fairness, the average weekly hashrate did not increase last week (ending 21st April). ASICMiner is now certainly fixing that now.

[alexuk]

Friedcat - Thanks again for coming back

Some more observations / issues

* ive seem to of melted a black neutral cable coming from the ATX power supply (this caused the erupter to restart every 2-3 mins) - a fix is to bond two neutrals together and plus into one green negative adapter port - this should be added to the setup / install docs.

Below shows the issue + fix

ASICMINER erupter blade - after 36 hours use - minor power issue

http://youtu.be/cvAFBWHGw58

[eb3full]

http://youtu.be/cvAFBWHGw58

There should be no problem running 10 amps through a wire like that... the problem is probably a short or you had a loose connection.

[JimiQ84]

How will it work with stratum proxy? You'll point erupter blade to your server (some 192.168.x.x:Y) and on that server you have running program which intercepts everything on port Y and forwards it to btcguild stratum server and vice versa?

[punin]

How will it work with stratum proxy? You'll point erupter blade to your server (some 192.168.x.x:Y) and on that server you have running program which intercepts everything on port Y and forwards it to btcguild stratum server and vice versa?

LMGTFY

[JimiQ84]

How will it work with stratum proxy? You'll point erupter blade to your server (some 192.168.x.x:Y) and on that server you have running program which intercepts everything on port Y and forwards it to btcguild stratum server and vice versa?

LMGTFY

You could have just written my hypothesis was right ;-) I would be much faster for you, me and everyone.

Anyway, new auction is up: https://bitcointalk.org/index.php?topic=189248.msg1960912

[alexuk]

http://youtu.be/cvAFBWHGw58

There should be no problem running 10 amps through a wire like that... the problem is probably a short or you had a loose connection.

Nope, the wires were overheating, possibly poor quality copper?

right now, upon touch, they are still warmish... but nothing serious

[alexuk]

How will it work with stratum proxy? You'll point erupter blade to your server (some 192.168.x.x:Y) and on that server you have running program which intercepts everything on port Y and forwards it to btcguild stratum server and vice versa?

yeap i got Sloshs stratum proxy up and running, acceptance went from 95-97% to 99.975%

[alexuk]

adjusted the power to 1.2 volts, bumped the clock up, getting 12 G/hash with a 98.8% acceptance rate

[JimiQ84]

adjusted the power to 1.2 volts, bumped the clock up, getting 12 G/hash with a 98.8% acceptance rate

great news!

[kokojie]

Sorry if this has been asked before, so if I have a standard PC PSU (for example from a GPU mining rig). I would be able to power these BE blades, without buying anything extra? is the "adapter" in the videos included in the package?

[novusordo]

Has anybody figured out how many watts are the boards drawing, running at regular clock-speed? Also, how are you guys positioning them? Mounted to anything, or simply freestanding?

[alexuk]

Sorry if this has been asked before, so if I have a standard PC PSU (for example from a GPU mining rig). I would be able to power these BE blades, without buying anything extra? is the "adapter" in the videos included in the package?

No problem

This has been asked a few times, so ill clear it up

standard ATX PSU is fine, get something over 400 watts to be safe - youll need to supply 80watts down to the blade (to be safe) - so make sure the PSU can provide 7amps on 12v rails (to be safe) - the 4 pin CPU plug should do the trick (yellow wires) - or preferably the PCI express.

Also, bond the neutrals together and wire into one port on the green adapter, otherwise, in my experience you'll over heat.
 

I would recommend buying about 4-5 8cm fans to keep this bitch cool, at 1.2volts per lane, she gets hot and needs 2 x on the heatsink, 1 x on the chips, and 1x on the power module to make me feel "ok" about it.

[alexuk]

Has anybody figured out how many watts are the boards drawing, running at regular clock-speed? Also, how are you guys positioning them? Mounted to anything, or simply freestanding?

Videos here:

http://www.youtube.com/channel/UC7NpQUlaZGlJs9LlikhIWaw

Im going to rig up a vertical mount soon,

80 watts roughly at the socket....

running at high clock speed (friedcat has mentioned all blades will ship at 1.2 volts) - this makes the boards very warm - youll need alot of fans - see above.

You cant lie the boards down onto anything, otherwise youll fry the chips, youll need to create a vertical or horizontal mold / stand that keeps the board suspended in the air to prevent the ASIC chips from overheating - on a insulator etc

[seljo]

I just see everyone laughing to people who bought blades at such high price. Did it ever occurred to anyone that they now can replicate those blades and make themselves their own ASICMINER you know reverse engineering and stuff? And also they delivered unlike some other manufacturers.

[organofcorti]

I just see everyone laughing to people who bought blades at such high price. Did it ever occurred to anyone that they now can replicate those blades and make themselves their own ASICMINER you know reverse engineering and stuff? And also they delivered unlike some other manufacturers.

I don't think anyone is laughing. I just think people are trying to figure out the reason for paying such a high price, since it's not an expectation of earning what they spent - unless they know something about the exchange rate and the other manufacturers that we don't.

[seljo]

I just see everyone laughing to people who bought blades at such high price. Did it ever occurred to anyone that they now can replicate those blades and make themselves their own ASICMINER you know reverse engineering and stuff? And also they delivered unlike some other manufacturers.

I don't think anyone is laughing. I just think people are trying to figure out the reason for paying such a high price, since it's not an expectation of earning what they spent - unless they know something about the exchange rate and the other manufacturers that we don't.

I mean look at the first 2 pages just nonsense...

[Rampion]

I just see everyone laughing to people who bought blades at such high price. Did it ever occurred to anyone that they now can replicate those blades and make themselves their own ASICMINER you know reverse engineering and stuff? And also they delivered unlike some other manufacturers.

I don't think anyone is laughing. I just think people are trying to figure out the reason for paying such a high price, since it's not an expectation of earning what they spent - unless they know something about the exchange rate and the other manufacturers that we don't.

Well, I don't think exchange rate is something to take into account - as those blades are paid in BTC, if the buyer thinks that exchange rate will grow considerably it would be wiser just to buy BTC and hold them.

The only point to buy the blades is to get at least 100% ROI on the BTC spent... Or maybe to do some reverse engineering work as seljo suggested, but AFAIK no company could easily and conveniently replicate the ASIC chips without the design.

[organofcorti]

I just see everyone laughing to people who bought blades at such high price. Did it ever occurred to anyone that they now can replicate those blades and make themselves their own ASICMINER you know reverse engineering and stuff? And also they delivered unlike some other manufacturers.

I don't think anyone is laughing. I just think people are trying to figure out the reason for paying such a high price, since it's not an expectation of earning what they spent - unless they know something about the exchange rate and the other manufacturers that we don't.

Well, I don't think exchange rate is something to take into account - as those blades are paid in BTC, if the buyer thinks that exchange rate will grow considerably it would be wiser just to buy BTC and hold them.

The only point to buy the blades is to get at least 100% ROI on the BTC spent... Or maybe to do some reverse engineering work as seljo suggested, but AFAIK no company could easily and conveniently replicate the ASIC chips without the design.

Ans if the exchange rate goes down significantly .... ?

[pheaonix]

I just see everyone laughing to people who bought blades at such high price. Did it ever occurred to anyone that they now can replicate those blades and make themselves their own ASICMINER you know reverse engineering and stuff? And also they delivered unlike some other manufacturers.

yes please reverse engineer me some friedcat asic chips

[Rampion]

I just see everyone laughing to people who bought blades at such high price. Did it ever occurred to anyone that they now can replicate those blades and make themselves their own ASICMINER you know reverse engineering and stuff? And also they delivered unlike some other manufacturers.

I don't think anyone is laughing. I just think people are trying to figure out the reason for paying such a high price, since it's not an expectation of earning what they spent - unless they know something about the exchange rate and the other manufacturers that we don't.

Well, I don't think exchange rate is something to take into account - as those blades are paid in BTC, if the buyer thinks that exchange rate will grow considerably it would be wiser just to buy BTC and hold them.

The only point to buy the blades is to get at least 100% ROI on the BTC spent... Or maybe to do some reverse engineering work as seljo suggested, but AFAIK no company could easily and conveniently replicate the ASIC chips without the design.

Ans if the exchange rate goes down significantly .... ?

Well, I don't see how it could be convenient to spend more BTC than a miner can generate in his lifetime because you foresee a decrease on the BTC/USD exchange rate. If you think the exchange rate will drop, it makes sense to short BTC... But I really don't see the point in buying a miner for an amount of BTC you won't be getting back.

[organofcorti]

I just see everyone laughing to people who bought blades at such high price. Did it ever occurred to anyone that they now can replicate those blades and make themselves their own ASICMINER you know reverse engineering and stuff? And also they delivered unlike some other manufacturers.

I don't think anyone is laughing. I just think people are trying to figure out the reason for paying such a high price, since it's not an expectation of earning what they spent - unless they know something about the exchange rate and the other manufacturers that we don't.

Well, I don't think exchange rate is something to take into account - as those blades are paid in BTC, if the buyer thinks that exchange rate will grow considerably it would be wiser just to buy BTC and hold them.

The only point to buy the blades is to get at least 100% ROI on the BTC spent... Or maybe to do some reverse engineering work as seljo suggested, but AFAIK no company could easily and conveniently replicate the ASIC chips without the design.

Ans if the exchange rate goes down significantly .... ?

Well, I don't see how it could be convenient to spend more BTC than a miner can generate in his lifetime because you foresee a decrease on the BTC/USD exchange rate. If you think the exchange rate will drop, it makes sense to short BTC... But I really don't see the point in buying a miner for an amount of BTC you won't be getting back.

the exchange rate drops enough,  then they will have bought a device for less than the manufacturing costs. Of course earning anything significant after that is an issue, but an ASIC would be a better investment than keeping the bitcoins.

I don't think the exchange rate is likely to go down to a few percent of what it is now, I was originally just referring alternatives (to just overpaying for the blades) I thought highly improbable.

I'd really like to know the reason for the current pricing.

[Newar]

Do you still mine on BTC-Guild?

[Rampion]

I just see everyone laughing to people who bought blades at such high price. Did it ever occurred to anyone that they now can replicate those blades and make themselves their own ASICMINER you know reverse engineering and stuff? And also they delivered unlike some other manufacturers.

I don't think anyone is laughing. I just think people are trying to figure out the reason for paying such a high price, since it's not an expectation of earning what they spent - unless they know something about the exchange rate and the other manufacturers that we don't.

Well, I don't think exchange rate is something to take into account - as those blades are paid in BTC, if the buyer thinks that exchange rate will grow considerably it would be wiser just to buy BTC and hold them.

The only point to buy the blades is to get at least 100% ROI on the BTC spent... Or maybe to do some reverse engineering work as seljo suggested, but AFAIK no company could easily and conveniently replicate the ASIC chips without the design.

Ans if the exchange rate goes down significantly .... ?

Well, I don't see how it could be convenient to spend more BTC than a miner can generate in his lifetime because you foresee a decrease on the BTC/USD exchange rate. If you think the exchange rate will drop, it makes sense to short BTC... But I really don't see the point in buying a miner for an amount of BTC you won't be getting back.

the exchange rate drops enough,  then they will have bought a device for less than the manufacturing costs. Of course earning anything significant after that is an issue, but an ASIC would be a better investment than keeping the bitcoins.

I don't think the exchange rate is likely to go down to a few percent of what it is now, I was originally just referring alternatives (to just overpaying for the blades) I thought highly improbable.

I'd really like to know the reason for the current pricing.

Yeah, I see that you could be buying an ASIC for less than its manufacturing costs... But IMO that could make sense ONLY if you were buying the BTC to buy that ASIC when the exchange rate is very low... And in any case I really don't see the point of buying a product meant to generate BTC for more BTC that it will generate in all his lifetime cycle.

[organofcorti]

Yeah, I see that you could be buying an ASIC for less than its manufacturing costs... But IMO that could make sense ONLY if you were buying the BTC to buy that ASIC when the exchange rate is very low... And in any case I really don't see the point of buying a product meant to generate BTC for more BTC that it will generate in all his lifetime cycle.

Sure - it's very improbable that such a decision would be profitable. It's sort of like shorting btc, and there are other ways to do that which are more likely to be successful. In both examples I was pointing to unlikely edge cases.

Still don't know why people are paying so much.

[Bitsaurus]

I just see everyone laughing to people who bought blades at such high price. Did it ever occurred to anyone that they now can replicate those blades and make themselves their own ASICMINER you know reverse engineering and stuff? And also they delivered unlike some other manufacturers.

I don't think anyone is laughing. I just think people are trying to figure out the reason for paying such a high price, since it's not an expectation of earning what they spent - unless they know something about the exchange rate and the other manufacturers that we don't.

Well, I don't think exchange rate is something to take into account - as those blades are paid in BTC, if the buyer thinks that exchange rate will grow considerably it would be wiser just to buy BTC and hold them.

The only point to buy the blades is to get at least 100% ROI on the BTC spent... Or maybe to do some reverse engineering work as seljo suggested, but AFAIK no company could easily and conveniently replicate the ASIC chips without the design.

Ans if the exchange rate goes down significantly .... ?

Well, I don't see how it could be convenient to spend more BTC than a miner can generate in his lifetime because you foresee a decrease on the BTC/USD exchange rate. If you think the exchange rate will drop, it makes sense to short BTC... But I really don't see the point in buying a miner for an amount of BTC you won't be getting back.

the exchange rate drops enough,  then they will have bought a device for less than the manufacturing costs. Of course earning anything significant after that is an issue, but an ASIC would be a better investment than keeping the bitcoins.

I don't think the exchange rate is likely to go down to a few percent of what it is now, I was originally just referring alternatives (to just overpaying for the blades) I thought highly improbable.

I'd really like to know the reason for the current pricing.

Yeah, I see that you could be buying an ASIC for less than its manufacturing costs... But IMO that could make sense ONLY if you were buying the BTC to buy that ASIC when the exchange rate is very low... And in any case I really don't see the point of buying a product meant to generate BTC for more BTC that it will generate in all his lifetime cycle.

I guess the expectation was that Avalon and BFL would both fail to deliver.

[organofcorti]

I guess the expectation was that Avalon and BFL would both fail to deliver.

Even if only ASICminer delivers on time, if you paid 40 btc it will take about 4 months for the device to pay for itself, after which it will earn about 4btc per month. And that's only if no one else delivers.

So it's still a bit of a gamble, even under that assumption.

[bitchess]

76BTC for 10Gh/s.  At $130/BTC that's $9880.

Buying 15 7970s would cost around $6150.  Also buying 15 7970s would draw 3750 watts per hour or $13.5/day (at .15 per kW/h).  Running 3750 watts per hour for a year equates to about $4927.5.

Thus buying the blade for $9880 is equivalent to buying 15 7970s and running for over a year.

Of course you wouldn't be able to use the Blade to create 15 separate gaming PCs.

[organofcorti]

76BTC for 10Gh/s.  At $130/BTC that's $9880.

Or even 40btc for 10Ghps, the most recent auction price.

[bitchess]

76BTC for 10Gh/s.  At $130/BTC that's $9880.

Or even 40btc for 10Ghps, the most recent auction price.

How many 7970s would you trade for a blade?  

ASICMINER is so smart in auctioning off supply like this.  It really allows them to charge the highest price for these.

[Rampion]

Yeah, I see that you could be buying an ASIC for less than its manufacturing costs... But IMO that could make sense ONLY if you were buying the BTC to buy that ASIC when the exchange rate is very low... And in any case I really don't see the point of buying a product meant to generate BTC for more BTC that it will generate in all his lifetime cycle.

Sure - it's very improbable that such a decision would be profitable. It's sort of like shorting btc, and there are other ways to do that which are more likely to be successful. In both examples I was pointing to unlikely edge cases.

Still don't know why people are paying so much.

I guess it just greed taking over - a good example about how anxiety and greed are your worst enemies when taking financial decisions.

[romerun]

what if you get an erupter blade right now, at what price, you can beat ROI with the estimated increase of hash rate.

and can it be used to mine other SHA256 coins with just a change of mining software ?

[Newar]

and can it be used to mine other SHA256 coins with just a change of mining software ?

If you point it at a pool like Bitminter (NMC) or Bitparking (NMC and some others) (both pools on stratum), yes.

LTC, no.

[organofcorti]

and can it be used to mine other SHA256 coins with just a change of mining software ?

If you point it at a pool like Bitminter (NMC) or Bitparking (NMC and some others) (both pools on stratum), yes.

LTC, no.

I think he means like TRC and bytecoin. And I think the answer is yes.

[Newar]

and can it be used to mine other SHA256 coins with just a change of mining software ?

If you point it at a pool like Bitminter (NMC) or Bitparking (NMC and some others) (both pools on stratum), yes.

LTC, no.

I think he means like TRC and bytecoin. And I think the answer is yes.

Well spotted. Quite a few of those around: http://www.coinchoose.com/

[GodHatesFigs]

It's not at all clear that the winners of this latest auction will ever achieve ROI, especially with BFL and Avalon releasing.

[Gomeler]

It's not at all clear that the winners of this latest auction will ever achieve ROI, especially with BFL and Avalon releasing.

It's a gamble. We'll know much more in ~1 month. I'm gambling that neither BFL or Avalon will deliver significant amounts of hash power to customers in the next 30 days. I hope that by then I'll be halfway to my ROI. I could stand to lose a bit of BTC but considering how I mined all this BTC on hardware that has already hit ROI a few times, I don't feel to bad about this.

Now I just hope Friedcat doesn't release ANOTHER batch of these boards too soon.

[GodHatesFigs]

Fair enough sir; and as you've alluded to, ASICMiner itself is probably your worst enemy. The auction of USB miners is this Wednesday, and they're already pushing 9TH+ themselves.

[HjerterEss]

Its silly how much people pay for the Erupter Blades. I don`t support their practice of auctioning everything out either since they know demand is skyhigh. They don`t do it to help people make a good deal since it can never be a good deal. They do it to earn the most money on each Blade.

55 BTC for one Blade is just too much. Thats $7800 in todays price. It will take people about 3 months to just come out even. With BFL shipping units each day, with the many DYI Avalon projects out, its a really big risk.

[Rampion]

Fair enough sir; and as you've alluded to, ASICMiner itself is probably your worst enemy. The auction of USB miners is this Wednesday, and they're already pushing 9TH+ themselves.

The USB are neat. I guess a lot of people will pay much more they can mine just to have one of those amazing toys. Conceptually they are much sexier than the blades, they are a killer as a mass product, it could spread mining as we have never seen before.

[Gomeler]

Its silly how much people pay for the Erupter Blades. I don`t support their practice of auctioning everything out either since they know demand is skyhigh. They don`t do it to help people make a good deal since it can never be a good deal. They do it to earn the most money on each Blade.

55 BTC for one Blade is just too much. Thats $7800 in todays price. It will take people about 3 months to just come out even. With BFL shipping units each day, with the many DYI Avalon projects out, its a really big risk.

First, ASICMINER is a business. It is their goal to make money. They aren't twisting our arms for BTC. I trust that soon they will sell their blades at a fixed price. For now they are just trying to acquire as much profit as possible.

Second, the blades are expensive but it is a gamble. I am gambling that I will make more BTC with this blade than I could by ordering from BFL or Avalon. In reality I will likely order from both companies once their shipping times become predictable.

[HjerterEss]

Its silly how much people pay for the Erupter Blades. I don`t support their practice of auctioning everything out either since they know demand is skyhigh. They don`t do it to help people make a good deal since it can never be a good deal. They do it to earn the most money on each Blade.

55 BTC for one Blade is just too much. Thats $7800 in todays price. It will take people about 3 months to just come out even. With BFL shipping units each day, with the many DYI Avalon projects out, its a really big risk.

First, ASICMINER is a business. It is their goal to make money. They aren't twisting our arms for BTC. I trust that soon they will sell their blades at a fixed price. For now they are just trying to acquire as much profit as possible.

Second, the blades are expensive but it is a gamble. I am gambling that I will make more BTC with this blade than I could by ordering from BFL or Avalon. In reality I will likely order from both companies once their shipping times become predictable.

Well I dont care that they are a business. I don`t support their methods. Their actions is created to make a buzz, not to mention high price. They are actually shipping out the blades, I give them that though.

For 8000 USD you could purchase 20 * 7970s, have a hashrate of 15GH/s (4GH/s more than Blades), have the possibility to resell them after you are done with them. Or shift to Litecoins.
With Erupter Blades you are kinda stuck since they can`t be used for Litecoins. Its all or nothing

[Rampion]

Its silly how much people pay for the Erupter Blades. I don`t support their practice of auctioning everything out either since they know demand is skyhigh. They don`t do it to help people make a good deal since it can never be a good deal. They do it to earn the most money on each Blade.

55 BTC for one Blade is just too much. Thats $7800 in todays price. It will take people about 3 months to just come out even. With BFL shipping units each day, with the many DYI Avalon projects out, its a really big risk.

First, ASICMINER is a business. It is their goal to make money. They aren't twisting our arms for BTC. I trust that soon they will sell their blades at a fixed price. For now they are just trying to acquire as much profit as possible.

Second, the blades are expensive but it is a gamble. I am gambling that I will make more BTC with this blade than I could by ordering from BFL or Avalon. In reality I will likely order from both companies once their shipping times become predictable.

Well I dont care that they are a business. I don`t support their methods. Their actions is created to make a buzz, not to mention high price. They are actually shipping out the blades, I give them that though.

For 8000 USD you could purchase 20 * 7970s, have a hashrate of 15GH/s (4GH/s more than Blades), have the possibility to resell them after you are done with them. Or shift to Litecoins.
With Erupter Blades you are kinda stuck since they can`t be used for Litecoins. Its all or nothing

It is what it is and buyers are setting the price for a scarce item.

[Gomeler]

Its silly how much people pay for the Erupter Blades. I don`t support their practice of auctioning everything out either since they know demand is skyhigh. They don`t do it to help people make a good deal since it can never be a good deal. They do it to earn the most money on each Blade.

55 BTC for one Blade is just too much. Thats $7800 in todays price. It will take people about 3 months to just come out even. With BFL shipping units each day, with the many DYI Avalon projects out, its a really big risk.

First, ASICMINER is a business. It is their goal to make money. They aren't twisting our arms for BTC. I trust that soon they will sell their blades at a fixed price. For now they are just trying to acquire as much profit as possible.

Second, the blades are expensive but it is a gamble. I am gambling that I will make more BTC with this blade than I could by ordering from BFL or Avalon. In reality I will likely order from both companies once their shipping times become predictable.

Well I dont care that they are a business. I don`t support their methods. Their actions is created to make a buzz, not to mention high price. They are actually shipping out the blades, I give them that though.

For 8000 USD you could purchase 20 * 7970s, have a hashrate of 15GH/s (4GH/s more than Blades), have the possibility to resell them after you are done with them. Or shift to Litecoins.
With Erupter Blades you are kinda stuck since they can`t be used for Litecoins. Its all or nothing

Understandable on not supporting it, that is fair. 75 BTC didn't seem reasonable after looking at organofcorti's estimates on BTC/day. 45-50 BTC was my cutoff for this auction and I scraped by at 50.5 BTC. The next auction, if it happens in 3-4 weeks, would have a cutoff around 30-35 BTC for myself I suspect.

Re: HD 7970s, I would love to see how you are racking 20 7970s @ $400/GPU. I think 7950s make more sense and even with them you are looking at a minimum of $400/GPU when factoring in MB/CPU/PSU/RAM/risers and something to house this rig. I did the GPU thing(ran a 14-15 GH/s farm for 6 months) and I'm tired of them. I'll run my remaining GPUs into the ground and keep up the hunt for more ASICs. I'm not too concerned about the blades being limited to BTC. If BTC fails I'm confident LTC will fail with it. By the time BTC's difficulty makes the blade a negative earner, I will have replaced it and I am gambling it will have hit ROI at least 2x.

[GodHatesFigs]

Fair enough sir; and as you've alluded to, ASICMiner itself is probably your worst enemy. The auction of USB miners is this Wednesday, and they're already pushing 9TH+ themselves.

The USB are neat. I guess a lot of people will pay much more they can mine just to have one of those amazing toys. Conceptually they are much sexier than the blades, they are a killer as a mass product, it could spread mining as we have never seen before.

No one's being forced to buy one; ASICminer has a duty to maximise shareholder value.

That said; you're probably right about the spurious ROI at these prices.

[romerun]

Well I dont care that they are a business. I don`t support their methods. Their actions is created to make a buzz, not to mention high price. They are actually shipping out the blades, I give them that though.

For 8000 USD you could purchase 20 * 7970s, have a hashrate of 15GH/s (4GH/s more than Blades), have the possibility to resell them after you are done with them. Or shift to Litecoins.
With Erupter Blades you are kinda stuck since they can`t be used for Litecoins. Its all or nothing

I don't think the way they do it is greedy at all. They would get a ridiculous price from auctioning them on ebay. AM IPO share, in some sense is fixed price preorder, and now we are auctioning them on the pass-thrus right ? And now the products are ready, we gotta have to auction them.

[bitchess]

Its silly how much people pay for the Erupter Blades. I don`t support their practice of auctioning everything out either since they know demand is skyhigh. They don`t do it to help people make a good deal since it can never be a good deal. They do it to earn the most money on each Blade.

55 BTC for one Blade is just too much. Thats $7800 in todays price. It will take people about 3 months to just come out even. With BFL shipping units each day, with the many DYI Avalon projects out, its a really big risk.

First, ASICMINER is a business. It is their goal to make money. They aren't twisting our arms for BTC. I trust that soon they will sell their blades at a fixed price. For now they are just trying to acquire as much profit as possible.

Second, the blades are expensive but it is a gamble. I am gambling that I will make more BTC with this blade than I could by ordering from BFL or Avalon. In reality I will likely order from both companies once their shipping times become predictable.

Well I dont care that they are a business. I don`t support their methods. Their actions is created to make a buzz, not to mention high price. They are actually shipping out the blades, I give them that though.

For 8000 USD you could purchase 20 * 7970s, have a hashrate of 15GH/s (4GH/s more than Blades), have the possibility to resell them after you are done with them. Or shift to Litecoins.
With Erupter Blades you are kinda stuck since they can`t be used for Litecoins. Its all or nothing

Understandable on not supporting it, that is fair. 75 BTC didn't seem reasonable after looking at organofcorti's estimates on BTC/day. 45-50 BTC was my cutoff for this auction and I scraped by at 50.5 BTC. The next auction, if it happens in 3-4 weeks, would have a cutoff around 30-35 BTC for myself I suspect.

Re: HD 7970s, I would love to see how you are racking 20 7970s @ $400/GPU. I think 7950s make more sense and even with them you are looking at a minimum of $400/GPU when factoring in MB/CPU/PSU/RAM/risers and something to house this rig. I did the GPU thing(ran a 14-15 GH/s farm for 6 months) and I'm tired of them. I'll run my remaining GPUs into the ground and keep up the hunt for more ASICs. I'm not too concerned about the blades being limited to BTC. If BTC fails I'm confident LTC will fail with it. By the time BTC's difficulty makes the blade a negative earner, I will have replaced it and I am gambling it will have hit ROI at least 2x.

someone's going to start racking ASICs once they start supplying more.  The interesting thing here is trying to determine what comes first

does the increase in BTC value, increase the overall attraction to mining and the rise in difficulty

OR

does the increase in the overall attraction to mining increase the value of BTC

[SebastianJu]

I would like to know what happens if one chip on the pcb is broken. I heard from another asicboard that is developing now that the asics are chained, so one broken one will make all chips useless. Is it the same with asicminer-boards or are they constructed another way?

[Franktank]

I would like to know what happens if one chip on the pcb is broken. I heard from another asicboard that is developing now that the asics are chained, so one broken one will make all chips useless. Is it the same with asicminer-boards or are they constructed another way?

For those that want to get their mining hardware now, check out the new fixed auction: https://bitcointalk.org/index.php?topic=201753.0

10 GH/s boards going at 49.99 BTC apiece, get 'em sooner than Avalon Batch 2 (within a week of auction ending)!

[friedcat]

I would like to know what happens if one chip on the pcb is broken. I heard from another asicboard that is developing now that the asics are chained, so one broken one will make all chips useless. Is it the same with asicminer-boards or are they constructed another way?

It depends how broken they are. If it's just a normal dysfunctional nonce calculation scenario, the last chip on our board could run till the end of the world even if the other 31 chips are broken. And I believe it is the same with chained design.

But if one of the chips are seriously damaged. Our board does not work with chips having inner short-cuts, while chained design does not work with chips having inner disconnections. Both could be solved by a set of wire jumpers and an equivalent resistor though, but they introduce extra complexity to the board and do not always work.

[cchan]

A good review, which I can follow. 

Thanks!

[SebastianJu]

I would like to know what happens if one chip on the pcb is broken. I heard from another asicboard that is developing now that the asics are chained, so one broken one will make all chips useless. Is it the same with asicminer-boards or are they constructed another way?

It depends how broken they are. If it's just a normal dysfunctional nonce calculation scenario, the last chip on our board could run till the end of the world even if the other 31 chips are broken. And I believe it is the same with chained design.

But if one of the chips are seriously damaged. Our board does not work with chips having inner short-cuts, while chained design does not work with chips having inner disconnections. Both could be solved by a set of wire jumpers and an equivalent resistor though, but they introduce extra complexity to the board and do not always work.

Thanks... i wonder if such chip cant be replaced simply too.

[rammy2k2]

In the package is the PSU connector included too ? I mean, i will have the wires from PSU to connect to the board, will it be the connector in the package too ?

[rammy2k2]

my molex is getting really really hot ... any ideas ? i have 4 blacks , 2 by 2, and 1 yellow each hole...

[rammy2k2]

so i got this ugly surprise ...

[Caesium]

http://en.wikipedia.org/wiki/Molex_connector

"There are three typical pin sizes: 1.57 mm (0.062 in), 2.36 mm (0.093 in), and 2.13 mm (0.084 in). The 1.57 mm pin can carry 5 A of current, while the 2.36 mm can carry 8.5 A. Because the pins have a large contact surface area and fit tightly, these connectors are typically used for power."


These blades require 10A and thus even the meatiest molex can not power them. Please get these wired up properly people, before someone starts a fire :/


Edit: attempt to be more helpful:

There's a dozen posts telling you how to wire these up but there's really only a couple of things you need to get right in my opinion.
1 - don't exceed the amps that the PSU rail can supply. I was powering four of these puppies off a 750W Corsair that could supply 62A on one rail for a week without a single issue. Single rail PSU guarantees that every yellow wire coming out of that box is backed up by 62A (though that doesn't mean that one WIRE can supply 62A)

2 - chop off all the plugs and just wire the yellows and blacks straight from the PSU into the blade connector. This removes points of failure and eliminates any weak points (generally, the plugs are the weak points). I had mine wired up using 2x18AWG cores. That is two yellows, and two blacks, each 18AWG, into each blade. I chopped off the PCI-e connectors to do this.
Over short runs, 18AWG should do 16A (apparently) and by running two cables to each blade I'm only asking each pair to do 5A - well within my comfortable margin. And no connectors to worry about!

Disclaimer: not an electrician but my 4 blades ran just fine and didn't melt anything by doing the above (moved them on now but as far as I'm aware they're still fine).

[rammy2k2]

everything is ok now, blade running for 8h+, i took wires from 2 PCI-e rails and wires are not even warm 

[Phil21]

everything is ok now, blade running for 8h+, i took wires from 2 PCI-e rails and wires are not even warm 

Yes.  PCIe rails are the best bet.

Remember to use 4 conductors (pins) to hit the rated current specs (even de-rated for bundling, 10A is fine over two pair), and keep distances short.  I've found trailer hitch wire (4 conductor 16ga) to work well and is readily found and not messy if you need to go a bit further.  Also use both screwdown terminals on the blade, of course.

[josh_nc]

I would like to know what happens if one chip on the pcb is broken. I heard from another asicboard that is developing now that the asics are chained, so one broken one will make all chips useless. Is it the same with asicminer-boards or are they constructed another way?

It depends how broken they are. If it's just a normal dysfunctional nonce calculation scenario, the last chip on our board could run till the end of the world even if the other 31 chips are broken. And I believe it is the same with chained design.

But if one of the chips are seriously damaged. Our board does not work with chips having inner short-cuts, while chained design does not work with chips having inner disconnections. Both could be solved by a set of wire jumpers and an equivalent resistor though, but they introduce extra complexity to the board and do not always work.

Friedcat:

I got my 2 blades last night and I am having problems. I also sent you an email. The voltage on all 8 capacitors on both blades are all around 8mV instead of 1.5V. I tried everything I could think of to try and resolve this. It is strange that the green lights flicker from time to time and when I connect the ethernet cable to the router my wireless recognizes the blades and post the ip and macid but when I run the ethernet to my pc it will not connect to the web. Any idea what could be causing this?

J

[radiumsoup]

...and when I connect the ethernet cable to the router my wireless recognizes the blades and post the ip and macid but when I run the ethernet to my pc it will not connect to the web. Any idea what could be causing this?

J

I don't know about the voltage stuff or der Blinkinlights, but as for the networking, you should be plugging the blades into the router, not into your PC (unless you're performing NAT with your PC via Internet Connection Sharing or something similar, which is not recommended at all, really.) Keep it simple: plug your blades into the router, or at minimum an ethernet switch that is then plugged into one of the router's LAN ports. Your PC should still be able to see the blades on the network that way, as long as you don't have two routers or are doing fancy things with multiple subnets (even accidentally).

[rammy2k2]

ok ... so after 1 week uptime .. my blade restarted ... 

[rammy2k2]

ok ... so after 1 week uptime .. my blade restarted ... 

sorry, it didnt, it was BTCguild fault .. phew 

[mrb]

C'mon people, it will make BTCs back. At most in a year, but 6-7 months seems more precise timeframe.

Difficulty won't rise exponentialy forever. In a year it can be at 300M, which will make AM still profitable (energy-wise).

Difficulty does not have to rise exponentially forever. It just has to rise 35% month-over-month, for merely 12 months, and the buyers will never make their money back: https://bitcointalk.org/index.php?topic=178275.msg1889860#msg1889860

For the record, 35% per month for 12 months would bring the network to ~2000 Thash/s total, which half of it is already being built or planned by various entities (100TH-Mine, BFL, ASICMINER, OEM Avalon Chip Customers, etc).

As I suspected/predicted, difficulty continued to increase significantly. Those who bid 75 BTC for a 12.8 Gh/s blade in late April 2013 never made their BTC back. They spent 75 BTC to mine ~40 BTC so far. They will never mine more than ~45 BTC in the rest of the lifetime of their equipment. Holding BTC would have been smarter.

I guess these blades have at least sentimental value, being some of the first ASICs.

[dogie]

C'mon people, it will make BTCs back. At most in a year, but 6-7 months seems more precise timeframe.

Difficulty won't rise exponentialy forever. In a year it can be at 300M, which will make AM still profitable (energy-wise).

Difficulty does not have to rise exponentially forever. It just has to rise 35% month-over-month, for merely 12 months, and the buyers will never make their money back: https://bitcointalk.org/index.php?topic=178275.msg1889860#msg1889860

For the record, 35% per month for 12 months would bring the network to ~2000 Thash/s total, which half of it is already being built or planned by various entities (100TH-Mine, BFL, ASICMINER, OEM Avalon Chip Customers, etc).

As I suspected/predicted, difficulty continued to increase significantly. Those who bid 75 BTC for a 12.8 Gh/s blade in late April 2013 never made their BTC back. They spent 75 BTC to mine ~40 BTC so far. They will never mine more than ~45 BTC in the rest of the lifetime of their equipment. Holding BTC would have been smarter.

I guess these blades have at least sentimental value, being some of the first ASICs.

Yes oh great profit tell us what next. Blades were one of the most retraded ASICs ever.

[Unacceptable]

C'mon people, it will make BTCs back. At most in a year, but 6-7 months seems more precise timeframe.

Difficulty won't rise exponentialy forever. In a year it can be at 300M, which will make AM still profitable (energy-wise).

Difficulty does not have to rise exponentially forever. It just has to rise 35% month-over-month, for merely 12 months, and the buyers will never make their money back: https://bitcointalk.org/index.php?topic=178275.msg1889860#msg1889860

For the record, 35% per month for 12 months would bring the network to ~2000 Thash/s total, which half of it is already being built or planned by various entities (100TH-Mine, BFL, ASICMINER, OEM Avalon Chip Customers, etc).

As I suspected/predicted, difficulty continued to increase significantly. Those who bid 75 BTC for a 12.8 Gh/s blade in late April 2013 never made their BTC back. They spent 75 BTC to mine ~40 BTC so far. They will never mine more than ~45 BTC in the rest of the lifetime of their equipment. Holding BTC would have been smarter.

I guess these blades have at least sentimental value, being some of the first ASICs.

Yes oh great profit tell us what next. Blades were one of the most retraded ASICs ever.

Overpriced Yes,retarded NO !!!!!..........at least they didn't do the preorder crap..............................

[dogie]

C'mon people, it will make BTCs back. At most in a year, but 6-7 months seems more precise timeframe.

Difficulty won't rise exponentialy forever. In a year it can be at 300M, which will make AM still profitable (energy-wise).

Difficulty does not have to rise exponentially forever. It just has to rise 35% month-over-month, for merely 12 months, and the buyers will never make their money back: https://bitcointalk.org/index.php?topic=178275.msg1889860#msg1889860

For the record, 35% per month for 12 months would bring the network to ~2000 Thash/s total, which half of it is already being built or planned by various entities (100TH-Mine, BFL, ASICMINER, OEM Avalon Chip Customers, etc).

As I suspected/predicted, difficulty continued to increase significantly. Those who bid 75 BTC for a 12.8 Gh/s blade in late April 2013 never made their BTC back. They spent 75 BTC to mine ~40 BTC so far. They will never mine more than ~45 BTC in the rest of the lifetime of their equipment. Holding BTC would have been smarter.

I guess these blades have at least sentimental value, being some of the first ASICs.

Yes oh great profit tell us what next. Blades were one of the most retraded ASICs ever.

Overpriced Yes,retarded NO !!!!!..........at least they didn't do the preorder crap..............................

I said retraded not retarded.

[Unacceptable]

C'mon people, it will make BTCs back. At most in a year, but 6-7 months seems more precise timeframe.

Difficulty won't rise exponentialy forever. In a year it can be at 300M, which will make AM still profitable (energy-wise).

Difficulty does not have to rise exponentially forever. It just has to rise 35% month-over-month, for merely 12 months, and the buyers will never make their money back: https://bitcointalk.org/index.php?topic=178275.msg1889860#msg1889860

For the record, 35% per month for 12 months would bring the network to ~2000 Thash/s total, which half of it is already being built or planned by various entities (100TH-Mine, BFL, ASICMINER, OEM Avalon Chip Customers, etc).

As I suspected/predicted, difficulty continued to increase significantly. Those who bid 75 BTC for a 12.8 Gh/s blade in late April 2013 never made their BTC back. They spent 75 BTC to mine ~40 BTC so far. They will never mine more than ~45 BTC in the rest of the lifetime of their equipment. Holding BTC would have been smarter.

I guess these blades have at least sentimental value, being some of the first ASICs.

Yes oh great profit tell us what next. Blades were one of the most retraded ASICs ever.

Overpriced Yes,retarded NO !!!!!..........at least they didn't do the preorder crap..............................

I said retraded not retarded.

I get dyslexic........... 

[organofcorti]

C'mon people, it will make BTCs back. At most in a year, but 6-7 months seems more precise timeframe.

Difficulty won't rise exponentialy forever. In a year it can be at 300M, which will make AM still profitable (energy-wise).

Difficulty does not have to rise exponentially forever. It just has to rise 35% month-over-month, for merely 12 months, and the buyers will never make their money back: https://bitcointalk.org/index.php?topic=178275.msg1889860#msg1889860

For the record, 35% per month for 12 months would bring the network to ~2000 Thash/s total, which half of it is already being built or planned by various entities (100TH-Mine, BFL, ASICMINER, OEM Avalon Chip Customers, etc).

As I suspected/predicted, difficulty continued to increase significantly. Those who bid 75 BTC for a 12.8 Gh/s blade in late April 2013 never made their BTC back. They spent 75 BTC to mine ~40 BTC so far. They will never mine more than ~45 BTC in the rest of the lifetime of their equipment. Holding BTC would have been smarter.

I guess these blades have at least sentimental value, being some of the first ASICs.

Yes oh great profit tell us what next. Blades were one of the most retraded ASICs ever.

Overpriced Yes,retarded NO !!!!!..........at least they didn't do the preorder crap..............................

I said retraded not retarded.

I get dyslexic........... 

Don't feel bad. dogie also wrote "oh great profit" instead of "oh great prophet", which is a choice insight into his mind

[Unacceptable]

C'mon people, it will make BTCs back. At most in a year, but 6-7 months seems more precise timeframe.

Difficulty won't rise exponentialy forever. In a year it can be at 300M, which will make AM still profitable (energy-wise).

Difficulty does not have to rise exponentially forever. It just has to rise 35% month-over-month, for merely 12 months, and the buyers will never make their money back: https://bitcointalk.org/index.php?topic=178275.msg1889860#msg1889860

For the record, 35% per month for 12 months would bring the network to ~2000 Thash/s total, which half of it is already being built or planned by various entities (100TH-Mine, BFL, ASICMINER, OEM Avalon Chip Customers, etc).

As I suspected/predicted, difficulty continued to increase significantly. Those who bid 75 BTC for a 12.8 Gh/s blade in late April 2013 never made their BTC back. They spent 75 BTC to mine ~40 BTC so far. They will never mine more than ~45 BTC in the rest of the lifetime of their equipment. Holding BTC would have been smarter.

I guess these blades have at least sentimental value, being some of the first ASICs.

Yes oh great profit tell us what next. Blades were one of the most retraded ASICs ever.

Overpriced Yes,retarded NO !!!!!..........at least they didn't do the preorder crap..............................

I said retraded not retarded.

I get dyslexic........... 

Don't feel bad. dogie also wrote "oh great profit" instead of "oh great prophet", which is a choice insight into his mind

   Good catch !!!!! I feel better now 

I hope to see these 10-13GH miners come down even lower,say 1-2 BTC    Come on friedcat 

[dogie]

I get dyslexic........... 

Don't feel bad. dogie also wrote "oh great profit" instead of "oh great prophet", which is a choice insight into his mind

That was also on purpose, to add sarcasm that he's not a god but someone who took a 50/50 guess and then necro'ed a 5 month old thread to gloat about an outcome we already knew and agreed upon.

[organofcorti]

I get dyslexic........... 

Don't feel bad. dogie also wrote "oh great profit" instead of "oh great prophet", which is a choice insight into his mind

That was also on purpose, to add sarcasm that he's not a god but someone who took a 50/50 guess and then necro'ed a 5 month old thread to gloat about an outcome we already knew and agreed upon.

I suck at sarcasm.

[mrb]

I get dyslexic...........  

Don't feel bad. dogie also wrote "oh great profit" instead of "oh great prophet", which is a choice insight into his mind

That was also on purpose, to add sarcasm that he's not a god but someone who took a 50/50 guess and then necro'ed a 5 month old thread to gloat about an outcome we already knew and agreed upon.

You must have a short memory, dogie You were one of the guys who bought blades (at 50.5 BTC each in the 2nd auction) and who thought would achieve 140% ROI *chuckle* when in fact it is clear by now 2nd auction buyers won't even mine more than ~40 BTC...

[dogie]

I get dyslexic........... 

Don't feel bad. dogie also wrote "oh great profit" instead of "oh great prophet", which is a choice insight into his mind

That was also on purpose, to add sarcasm that he's not a god but someone who took a 50/50 guess and then necro'ed a 5 month old thread to gloat about an outcome we already knew and agreed upon.

You must have a short memory, dogie You were one of the guys who bought blades (at 50.5 BTC each in the 2nd auction) and who thought would achieve 140% ROI *chuckle* when in fact it is clear by now 2nd auction buyers won't even mine more than ~40 BTC...

Damn, I forgot I also sold those blades at full price after mining for a month - my bad.

tldr: mining is not the only use for mining equipment.

[mrb]

My point is you predicted they would make 140% ROI *mining*, not re-selling. You were wrong on that. I am glad you financially did ok. But the bottom line is you underestimated difficulty increases. You said "we already knew", but you obviously did not.

[dogie]

My point is you predicted they would make 140% ROI *mining*, not re-selling. You were wrong on that. I am glad you financially did ok. But the bottom line is you underestimated difficulty increases. You said "we already knew", but you obviously did not.

Great, and your point to necro this thread was? Do we need to massage your ego before you let it die?

[mrb]

I try to make you and others aware of, and learn from, your bad predictions of difficulty levels. And you are there assaulting me. *sigh*... The reason the quality of bitcointalk.org has degraded over the last 2 years is because of posts like yours

[dogie]

I try to make you and others aware of, and learn from, your bad predictions of difficulty levels. And you are there assaulting me. *sigh*... The reason the quality of bitcointalk.org has degraded over the last 2 years is because of posts like yours

As I suspected/predicted, difficulty continued to increase significantly. Those who bid 75 BTC for a 12.8 Gh/s blade in late April 2013 never made their BTC back. They spent 75 BTC to mine ~40 BTC so far. They will never mine more than ~45 BTC in the rest of the lifetime of their equipment. Holding BTC would have been smarter.

I guess these blades have at least sentimental value, being some of the first ASICs.

Might want to look in the mirror. The reason it has 'degraded' is because there are now people willing to call you on your bullshit.

[mrb]

There is no "bullshit" in my posts. I correctly predicted mining wouldn't make the BTC back. I never commented on reselling (which was the only way to make profit).

On the other hand, there is "bullshit" or plain lies in your posts ("I knew they were overpriced" vs. "I will achieve 140% ROI mining").

But this is irrelevant. If I had made an incorrect prediction, at most I would have been wrong, but I would not have degraded the quality of the forum's discussions, because my writings remain polite. I say you are degrading the quality of bitcointalk.org because you are being childish (lying), and verbally assaulting me.

[dogie]

There is no "bullshit" in my posts. I correctly predicted mining wouldn't make the BTC back. I never commented on reselling (which was the only way to make profit).

On the other hand, there is "bullshit" or plain lies in your posts ("I knew they were overpriced" vs. "I will achieve 140% ROI mining").

But this is irrelevant. If I had made an incorrect prediction, at most I would have been wrong, but I would not have degraded the quality of the forum's discussions, because my writings remain polite. I say you are degrading the quality of bitcointalk.org because you are being childish (lying), and verbally assaulting me.

LOL you are absolutely delusional. You necro'ed a 5 month old thread to boast that you got a prediction right, at the detriment of everyone else. You are better than us all, you are God.

Now stop fucking crying and let the thread die.

[mrb]

LOL you are absolutely delusional. You necro'ed a 5 month old thread to boast that you got a prediction right, at the detriment of everyone else. You are better than us all, you are God.

Now stop fucking crying and let the thread die.

I already explained why I revived this thread. You ignored it. And for the 3rd time: your verbal assault is continuing. Stop it. Be civil and respectful here. This is my last warning & reply to you.

[dogie]

LOL you are absolutely delusional. You necro'ed a 5 month old thread to boast that you got a prediction right, at the detriment of everyone else. You are better than us all, you are God.

Now stop fucking crying and let the thread die.

I already explained why I revived this thread. You ignored it. And for the 3rd time: your verbal assault is continuing. Stop it. Be civil and respectful here. This is my last warning & reply to you.

As I said before, you're crying because 'the forum has changed', ie you say something retarded, people point it out, you cry about verbal abuse qq qq.

[mrb]

As I said before, you're crying because 'the forum has changed', ie you say something retarded, people point it out, you cry about verbal abuse qq qq.

Which of my statements is "retarded"? (2nd time you criticize. 2nd time you fail to point out the specific statement.)

[bearsworth]

dogie - stop defending yourself
mrb - stop rubbing it in

there. happy .

[dogie]

dogie - stop defending yourself
mrb - stop rubbing it in

there. happy .

Oh my god let this thread die! 48 hour necro after we left it.

[mrb]

dogie - stop defending yourself
mrb - stop rubbing it in

I have no respect for people who refuse to admit their errors, use profanity, lie childishly, etc. Some confrontation can hopefully make them think about their actions, turn them into better individuals, and improve the quality of the forums. But then again I am an optimist...

[YipYip]

dogie - stop defending yourself
mrb - stop rubbing it in

I have no respect for people who refuse to admit their errors, use profanity, lie childishly, etc. Some confrontation can hopefully make them think about their actions, turn them into better individuals, and improve the quality of the forums. But then again I am an optimist...

SO what are your thoughts on Josh then ?

[fumble]

dogie - stop defending yourself
mrb - stop rubbing it in

there. happy .

Oh my god let this thread die! 48 hour necro after we left it.

The way to let a thread die is to simply stop posting to it.

Gloating aside.  I think this thread is very informational and educational for the noob miner just getting into bitcoin and it shouldn't die.