490,000 Avalon chips already ordered - 150T hashrate spike coming in August

[Bicknellski]

KH-->MH-->GH-->PH/s.  We're going to run out of letters!  

SI Prefixes
Multiple   Prefix   Symbol   Example
1,000,000,000,000,000,000 (1018)   exa-   E   Eg (exagram)
1,000,000,000,000,000 (1015)   peta-   P   PJ (petajoule)
1,000,000,000,000 (1012)   tera-   T   TV (teravolt)
1,000,000,000 (109)   giga-   G   GW (gigawatt)
1,000,000 (106)   mega-   M   MHz (megahertz)
1,000 (103)   kilo-   k   kg (kilogram)
100 (102)   hecto-   h   hm (hectometer)
10 (101)   deka-   da   daN (dekanewton)
1/10 (10–1)   deci-   d   dC (decicoulomb)
1/100 (10–2)   centi-   c   cm (centimeter)
1/1,000 (10–3)   milli-   m   mm (millimeter)
1/1,000,000 (10–6)   micro-   (   (F (microfarad)
1/1,000,000,000 (10–9)   nano-   n   nm (nanometer)
1/1,000,000,000,000 (10–12)   pico-   p   ps (picosecond)
1/1,000,000,000,000,000 (10–15)   femto-   f   frad (femtoradian)
1/1,000,000,000,000,000,000 (10–18)   atto-   a   aT (attotesla)



When will we reach 1 Exa Hash per second?  EH/s <---- Eh? Canadian named it.

[1715048665]

1715048665

[1715048665]

1715048665

[zedicus]

http://organofcorti.blogspot.ca/2013/04/913-asic-choices-asic-earnings-17-april.html

Fell out of chair with my laptop in hand and continued reading from the floor.

According to that guys assumptions we wont see batch #3 Avalons till july... with difficulty on roids.

Batch #4 was hinted at a late may / early june ship but ..
https://bitcointalk.org/index.php?topic=177386.msg1876668#msg1876668

considering there are no batch #2 in the wild let alone batch #3's...  I now understand why im still on the floor as write this.



I requested a turbo boost button on the avalon batch #4 thread in case of emergency difficulty rising! I was joking when i said it but man ..
https://bitcointalk.org/index.php?topic=177386.msg1900115#msg1900115



 

[organofcorti]

http://organofcorti.blogspot.ca/2013/04/913-asic-choices-asic-earnings-17-april.html

Fell out of chair with my laptop in hand and continued reading from the floor.

According to that guys assumptions we wont see batch #3 Avalons till july... with difficulty on roids.

Batch #4 was hinted at a late may / early june ship but ..
https://bitcointalk.org/index.php?topic=177386.msg1876668#msg1876668

considering there are no batch #2 in the wild let alone batch #3's...  I now understand why im still on the floor as write this.



I requested a turbo boost button on the avalon batch #4 thread in case of emergency difficulty rising! I was joking when i said it but man ..
https://bitcointalk.org/index.php?topic=177386.msg1900115#msg1900115

If you want to sink even lower, check out this post from the same guy: http://organofcorti.blogspot.com/2013/04/914-asic-earnings-23-april-2013.html
 

[Rampion]

http://organofcorti.blogspot.ca/2013/04/913-asic-choices-asic-earnings-17-april.html

Fell out of chair with my laptop in hand and continued reading from the floor.

According to that guys assumptions we wont see batch #3 Avalons till july... with difficulty on roids.

Batch #4 was hinted at a late may / early june ship but ..
https://bitcointalk.org/index.php?topic=177386.msg1876668#msg1876668

considering there are no batch #2 in the wild let alone batch #3's...  I now understand why im still on the floor as write this.



I requested a turbo boost button on the avalon batch #4 thread in case of emergency difficulty rising! I was joking when i said it but man ..
https://bitcointalk.org/index.php?topic=177386.msg1900115#msg1900115


If you want to sink even lower, check out this post from the same guy: http://organofcorti.blogspot.com/2013/04/914-asic-earnings-23-april-2013.html
 

Yep, we are really arriving to the "point of no ROI"

I think Avalon gave a good price for their chips. I hope they will be also kind enough to price their batch #4 at around 25BTC for 45GHs and 50BTC for 90GHs. I think they would still have a decent profit, while allowing for decent ROI also to batch #4 customers. Higher than that (0.55BTC per GHs), unfortunately I believe there won't be any ROI for batch #4, as I would expect that no batch #4 will be hashing in the wild before July.

[atcsecure]

ROI is quickly going out the window, but the question becomes will people still run the ASIC's even if they are loosing money on power costs. 

[Rampion]

ROI is quickly going out the window, but the question becomes will people still run the ASIC's even if they are loosing money on power costs. 

Well, those who pay electricity $0.3 will shut their rigs off way before than those paying $0.15, and those who do not pay electricity at all... Well, they will shut their rigs of much later. And I can guarantee you that there are quite a few big-size mining set ups that pay 0 for electricity.

[bcpokey]

ROI is quickly going out the window, but the question becomes will people still run the ASIC's even if they are loosing money on power costs. 

Well, those who pay electricity $0.3 will shut their rigs off way before than those paying $0.15, and those who do not pay electricity at all... Well, they will shut their rigs of much later. And I can guarantee you that there are quite a few big-size mining set ups that pay 0 for electricity.

Keep in mind that even at $0.3, an Avalon unit will be profitable up until about 950Million difficulty (100x current difficulty, or about 6500TH). It won't be making much, but it will be making something. Though if price drops out it will be much lower of course.

[Rampion]

ROI is quickly going out the window, but the question becomes will people still run the ASIC's even if they are loosing money on power costs. 

Well, those who pay electricity $0.3 will shut their rigs off way before than those paying $0.15, and those who do not pay electricity at all... Well, they will shut their rigs of much later. And I can guarantee you that there are quite a few big-size mining set ups that pay 0 for electricity.

Yep, I will have a facility available for .02/Kwh this summer.  Cheap power and credible ASIC management is where it is at.


-D

I think you are providing a very smart and needed service. $0.02 Kw/h is a killer!

[Dalkore]

ROI is quickly going out the window, but the question becomes will people still run the ASIC's even if they are loosing money on power costs. 

Well, those who pay electricity $0.3 will shut their rigs off way before than those paying $0.15, and those who do not pay electricity at all... Well, they will shut their rigs of much later. And I can guarantee you that there are quite a few big-size mining set ups that pay 0 for electricity.

Yep, I will have a facility available for .02/Kwh this summer.  Cheap power and credible ASIC management is where it is at.


-D

I think you are providing a very smart and needed service. $0.02 Kw/h is a killer!

Yep, I am heading out there very soon to nail down a commercial space and get it under lease.   More details to come, PM me if you want to be on pre-list for space.   This will be phase two for ASIC once diff goes to 50,000,000 plus.

[peetah]

http://organofcorti.blogspot.ca/2013/04/913-asic-choices-asic-earnings-17-april.html

Fell out of chair with my laptop in hand and continued reading from the floor.

According to that guys assumptions we wont see batch #3 Avalons till july... with difficulty on roids.

Batch #4 was hinted at a late may / early june ship but ..
https://bitcointalk.org/index.php?topic=177386.msg1876668#msg1876668

considering there are no batch #2 in the wild let alone batch #3's...  I now understand why im still on the floor as write this.



I requested a turbo boost button on the avalon batch #4 thread in case of emergency difficulty rising! I was joking when i said it but man ..
https://bitcointalk.org/index.php?topic=177386.msg1900115#msg1900115


If you want to sink even lower, check out this post from the same guy: http://organofcorti.blogspot.com/2013/04/914-asic-earnings-23-april-2013.html
 

Yep, we are really arriving to the "point of no ROI"

I think Avalon gave a good price for their chips. I hope they will be also kind enough to price their batch #4 at around 25BTC for 45GHs and 50BTC for 90GHs. I think they would still have a decent profit, while allowing for decent ROI also to batch #4 customers. Higher than that (0.55BTC per GHs), unfortunately I believe there won't be any ROI for batch #4, as I would expect that no batch #4 will be hashing in the wild before July.

Check the address link now...

560,000 chips ordered now... we may have already surpassed PONROI... poor folks still ordering are probably the ones who haven't noticed the 170T spike in August.

[Viceroy]

^^^^

[jspielberg]

Those 560K chips might be delivered in August, but they won't come online immediately (probably get a 2 month reprieve for peeps to figure out how to use them --- so October?).

[peetah]

Those 560K chips might be delivered in August, but they won't come online immediately (probably get a 2 month reprieve for peeps to figure out how to use them --- so October?).

Figure out how to do them is easy. Figure out how to do them en masse quickly and cheaply is a different matter.

[Dalkore]

Those 560K chips might be delivered in August, but they won't come online immediately (probably get a 2 month reprieve for peeps to figure out how to use them --- so October?).

Figure out how to do them is easy. Figure out how to do them en masse quickly and cheaply is a different matter.

Much truth in that statement. Scaling up efficiently is always a difficult task.  Small bad decisions early can cost you big down the road.

[zedicus]

^^ i was looking at big time coins thread... i think he under positioned himself ..  staffing .. timing and price so alot can go wrong even after chip purchase..


EDIT// Thats alot of assuming by me..

[Dalkore]

I agree, we will see how much improvement we get.  I have heard a Russian ASIC is actually about to come online as well.   Bitfury?   

[zedicus]

^^ Yeah i first saw that last night.. its 90k for a custom rig.. looks crazy.. What are they feeding it.. blasts of nos!? lol

[mrb]

^^ Yeah i first saw that last night.. its 90k for a custom rig.. looks crazy.. What are they feeding it.. blasts of nos!? lol

This has nothing to do with BitFury's ASIC. This picture is their previous generation rig (FPGA Spartan6, not ASIC).

[zedicus]

^^ My mistake, youre are right i didnt even read the whole page at all. My eyes forwarded to the speed and cost and dropped everything else but the pics, i remembered being curious about how they were cooling it besides the fans when i saw the pic.. and i moved along..  

[Dalkore]

That rig doesn't pencil.  Just do the math with the power requirements of 7,000/Kw.