Liquid Synergy Designs Inc. -ASIC mining hardware

[cpengr]

I'm interested in purchasing one or more fully assembled units.

Questions:

1. Are there still chips available for order?
2. Batch 5, or 6?
3. What are people doing for enclosures for the boards?
4. What else do I need to provide myself, besides a power supply, mini USB cable, and host device (e.g. RPi)?

Am I correct in all of the following?

5. Each fully assembled unit can take up to 16 chips, at a cost of 16 * 0.086 = 1.376 BTC for said chips.
6. If I make a purchase, I'd pay for the chips now, and the board/unit later. (When?)
7. Purchasing a fully assembled unit with 16 chips means I'd receive the unit as a finished product, fully assembled, with chips soldered to the board, etc. (but without a power supply).
8. In total, to have a fully assembled unit shipped to me, I'd pay 1.376 BTC + $133.5 (in BTC) + shipping (+ customs?)...whatever that comes out to.

Sorry if this is a bit redundant for you...just want to ensure I'm understanding correctly.

Thanks.

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[ryanb]

i want to order around 260 chips

do i pay for the chips now and once you guys receive the chips then i pay for assembly and the rest?

Let me know please so i can make a decision


Thanks

[ik2013]

i want to order around 260 chips

do i pay for the chips now and once you guys receive the chips then i pay for assembly and the rest?

Let me know please so i can make a decision


Thanks

Yes...pay for chips now when your batch is next in line you'll be contacted about your options by email with the rest of your batch

[cardcomm]

I'm interested in purchasing one or more fully assembled units.

Questions:

1. Are there still chips available for order?
2. Batch 5, or 6?
3. What are people doing for enclosures for the boards?
4. What else do I need to provide myself, besides a power supply, mini USB cable, and host device (e.g. RPi)?

Am I correct in all of the following?

5. Each fully assembled unit can take up to 16 chips, at a cost of 16 * 0.086 = 1.376 BTC for said chips.
6. If I make a purchase, I'd pay for the chips now, and the board/unit later. (When?)
7. Purchasing a fully assembled unit with 16 chips means I'd receive the unit as a finished product, fully assembled, with chips soldered to the board, etc. (but without a power supply).
8. In total, to have a fully assembled unit shipped to me, I'd pay 1.376 BTC + $133.5 (in BTC) + shipping (+ customs?)...whatever that comes out to.

Sorry if this is a bit redundant for you...just want to ensure I'm understanding correctly.

Thanks.

It's my understanding that points 5-8 are correct. If you order now, it seems it'll be batch 6.

There is an enclosure thread here: https://bitcointalk.org/index.php?topic=223680.0

[Kinetic915]

Damn no more room in batch 5? I've been waiting for my stupid ****ing wallet to sync the entire day...

[steamboat]

I'm interested in purchasing one or more fully assembled units.

Questions:

1. Are there still chips available for order?
2. Batch 5, or 6?
3. What are people doing for enclosures for the boards?
4. What else do I need to provide myself, besides a power supply, mini USB cable, and host device (e.g. RPi)?

Am I correct in all of the following?

5. Each fully assembled unit can take up to 16 chips, at a cost of 16 * 0.086 = 1.376 BTC for said chips.
6. If I make a purchase, I'd pay for the chips now, and the board/unit later. (When?)
7. Purchasing a fully assembled unit with 16 chips means I'd receive the unit as a finished product, fully assembled, with chips soldered to the board, etc. (but without a power supply).
8. In total, to have a fully assembled unit shipped to me, I'd pay 1.376 BTC + $133.5 (in BTC) + shipping (+ customs?)...whatever that comes out to.

Sorry if this is a bit redundant for you...just want to ensure I'm understanding correctly.

Thanks.

1. Yes, Batch 6 is now open.
2. Batch 6
3. The K16 has an open form. A case design for multiple units is being developed. The hosting option uses a proprietary case design with economy and easy of access as the focal point.
4. A power supply and host. The usb cable is included in the DIY kit and fully assembled options.

5. That is correct.
6. That is correct. Batch 1 will be the first to receive an email regarding payment for assembly, once the final design, parts, and timeline have been finalized.
7. The assembly option and higher include a fully functional PCB board with all necessary electrical components. The fully assembled miner is a completed unit which requires no additional parts other than the power supply and host
8. That is correct.

i want to order around 260 chips
do i pay for the chips now and once you guys receive the chips then i pay for assembly and the rest?
Let me know please so i can make a decision
Thanks

Payment for assembly will be due prior to the chips arriving, as the parts associated will be purchased and ready for assembly before the chips arrive to aid in quickly assembling the final product. Payment for the chips only is due at the time of purchase.

Damn no more room in batch 5? I've been waiting for my stupid ****ing wallet to sync the entire day...

The pace for each Batch has been brisk. There will be more opportunities for Batch purchases. Once the sample chips arrive and the prototypes have been tested, the pace will likely pick up even more.


I apologize for the confusion with the thread. There are several options available, with considerable details that do not work well with a thread format. The website is actively being worked on, and will hopefully be up this week.

[sokol815]

I'm curious as to if these boards will fit in a standard optical slot on my computer... (right by the CD-Rom drive) that would be very convenient. Anyone know?

[logicbomb666]

I'm curious as to if these boards will fit in a standard optical slot on my computer... (right by the CD-Rom drive) that would be very convenient. Anyone know?

That would be awesome. I doubt that would work as the board design would have had to been originally intended for that.  But as long as the board is smaller than the slot, someone could make a bracket.

[steamboat]

I'm curious as to if these boards will fit in a standard optical slot on my computer... (right by the CD-Rom drive) that would be very convenient. Anyone know?

That would be awesome. I doubt that would work as the board design would have had to been originally intended for that.  But as long as the board is smaller than the slot, someone could make a bracket.

It may fit in a double slot hole. There are some clearance concerns regarding connectors which are being addressed.

The current design for a single K16 is a free standing unit with standoffs, designed to sit on your desk. Multiple designs are being evaluated for those that purchased several K16s. Once a design has been finalized it will be posted.

Update: the heatsink design has been finalized and is currently being sourced. Solid numbers should be available this week.

The heatsink will be available for purchase as a unique part, and will include the necessary hardware to attach it to the K16.

Bitsyncom has clarified that each order of 10,000 chips will receive sample chips, though it is still unclear when samples for additional orders will ship, eg whether samples will arrive at the same time or spread out over the batch order dates.

Edit: fixed

[docjunior]

BitFury has clarified that each order of 10,000 chips will receive sample chips, though it is still unclear when samples for additional orders will ship, eg whether samples will arrive at the same time or spread out over the batch order dates.

Bitfury?

[KS]

BitFury has clarified that each order of 10,000 chips will receive sample chips, though it is still unclear when samples for additional orders will ship, eg whether samples will arrive at the same time or spread out over the batch order dates.

Bitfury?

Yeah. It's a Bitfury groupbuy. You didn't know? We just switched from Avalon but the OP hasn't updated the topic yet

[steamboat]

Apologies, it has been corrected. It's been a long day.

[Kinetic915]

I'm still very dubious this will actually make any profit.  At the current rate of difficulty increase (may was 74k low and june was 124k low) 32 chips, 9 g/hs would make generally nothing later in the year.... anyone else done the math?

[sokol815]

I'm still very dubious this will actually make any profit.  At the current rate of difficulty increase (may was 74k low and june was 124k low) 32 chips, 9 g/hs would make generally nothing later in the year.... anyone else done the math?

How about preventing a 51% attack? I'm sure that is a good cause, no? Recent developments with FTC are indicating it was 51% attacked. Some people are speculating that LTC will be next. purchasing even 9.2gh/s will help to secure the bitcoin network and your bitcoins.

[eroxors]

I'm still very dubious this will actually make any profit.  At the current rate of difficulty increase (may was 74k low and june was 124k low) 32 chips, 9 g/hs would make generally nothing later in the year.... anyone else done the math?

I'm glad I'm in batch 1, I thought about pulling the trigger again in batch 4/5 now I'm probably going to wait for next-gen chips. I have to say that this group buy looks to be the best option for achieving ROI, even in batch 6. Many of the other group-buyers will be scrambling to get their first batch chips into assembly. Steamboat is the best.

[cardcomm]

BitFury has clarified that each order of 10,000 chips will receive sample chips, though it is still unclear when samples for additional orders will ship, eg whether samples will arrive at the same time or spread out over the batch order dates.

Bitfury?

Yeah. It's a Bitfury groupbuy. You didn't know? We just switched from Avalon but the OP hasn't updated the topic yet

Huh? I'm confused... I was thinking about grabbing a few more chips from this group. I thought Steamboat said it has been updated, but I still don't see anything about Bitfury in the main topic. (I'll look again - maybe I missed it)

Is this buy is through a different vendor?

[dmcdad]

I'm still very dubious this will actually make any profit.  At the current rate of difficulty increase (may was 74k low and june was 124k low) 32 chips, 9 g/hs would make generally nothing later in the year.... anyone else done the math?

I've modeled it several different ways. There is definitely a wall of ASIC powered miners coming online which is going to significantly increase the difficulty over the next several months: almost a year of BFL orders, Avalon batch 2 & 3 + chips, BitFury, KnC, and ASICMiner likely increasing their hash to maintain 20%+ of the hash pie.

The two critical question, IMO, are how quickly will all of the above be delivered and what happens to new ASIC miner demand after this first wave is fully delivered/deployed? Possible outcomes:

1) First wave of ASIC backlogs above is fully deployed very quickly (within 4 months) and new ASIC demand continues strong.
Result: unlikely to be profitable.

2) First wave of ASIC backlogs above is fully deployed very quickly (within 4 months) but new ASIC demand drops significantly because ROI isn't there.
Result: might eventually be profitable, but will take several months or year+.

3) First wave of ASIC backlogs above is fully deployed more slowly (6 to 9 months) and new ASIC demand continues strong.
Result: will break even or make a reasonable profit.

4) First wave of ASIC backlogs above is fully deployed more slowly (6 to 9 months) and new ASIC demand is muted because of increased difficulty.
Result: likely to be profitable to very profitable.

Of all the scenarios, I think #1 is least likely. The spike in difficulty we will be seeing over the next several months is because of back orders and pent-up demand for ASIC miners. Once that is deployed the rate of difficulty increase will trail off significantly... until 2nd generation ASIC miners start to come online (but I think that is a ways off and although 2nd generation miners will be much more efficient/cheaper, it is not the same type of increase as FPGA -> ASIC gen 1).

[LaserHorse]

Huh? I'm confused... I was thinking about grabbing a few more chips from this group. I thought Steamboat said it has been updated, but I still don't see anything about Bitfury in the main topic. (I'll look again - maybe I missed it)

Is this buy is through a different vendor?

Nothings changed - still an Avalon ASIC group buy.
Steamboat just wrote ”bitfury” accidentally and KS was joking about it.

[KS]

Huh? I'm confused... I was thinking about grabbing a few more chips from this group. I thought Steamboat said it has been updated, but I still don't see anything about Bitfury in the main topic. (I'll look again - maybe I missed it)

Is this buy is through a different vendor?

Nothings changed - still an Avalon ASIC group buy.
Steamboat just wrote ”bitfury” accidentally and KS was joking about it.

Sorry for the confusion, I thought it was obvious

So yes, Steamboat (OP) confirmed it's definitely a Bitsyncom (Avalon) groupbuy.

[cpengr]

Update: the heatsink design has been finalized and is currently being sourced. Solid numbers should be available this week.

The heatsink will be available for purchase as a unique part, and will include the necessary hardware to attach it to the K16.

Is the heatsink necessary, or optional? Will it be included with the fully assembled units, and included in that price?

Will the K16 boards be stackable?

Thanks.