[ANN] US/North American Bitfury sales NEW STOCK ***NOW SHIPPING***

[nexus99]

Don't forget the flood of cheap ASIC as many people exit the market in Q4 and Q1. They will be displaced by the big fish... and will be selling off their units. I expect a deluge of used units up to 25GH/s.

Today a 25GH/S unit is about .3 BTC per day. In a month is will be .2 and in two it will be less than .1 BTC per day. Q1 of next year 25 GH/S units will cost maybe 2 BTC?

[CoinHoarder]

Perhaps like Avalon (who promised 80 Gh, but delivered 100+ Gh), Bitfury will come through in an unexpected way.  

Certainly their specs as ordered are conservative, no?

Even though it's true that if these are a month+ late, they might not reach ROI. These calculations can only be made with the promised specs and perhaps what we actually receive will achieve a better ROI than most people think.

Ordering any vaporware (or even from reputable companies) is a gamble. With the ASIC situation the way it is, you either have to gamble or get out of the game. There is no waiting and playing safe to "see who is legit". By the time you know, the possible profit will have been mined by the early adopters of the equipment that took the gamble. We've all seen what happens when ASIC manufacturers are proven legit.. they raise their prices (Avalon Batch 3 and BFL's new pricing).

My two Satoshis.

[nexus99]

Bitfury has a nice product in that its expandable. For we small-fry we can get into a base unit and add to it over time. As the price on ASIC drops Bitfury can adjust the price of their expansion boards and retain their customers. A non expandable solution will be more easily seen as a wasted investment and liquidated for something larger/expandable.

And I bet that in the future bitfury will either stick more chips on blades or release faster chips that hopefully will work with the same base system. That would be the ultimate lock in. If I could buy version 2 blades that did 100GH/s and mix them with 25 GH/S current version I would have no reason to jump to the next big thing that comes out,  for example.

In any event... I very much like the 16 blade chassis. Its much better for the serious miner than the BFL model.

[nexus99]

If I were an enterprising kind of guy I would be trying to figure out how to stick 16 BFL chips on a blade and make it work in a bitfury chassis. Maybe it has to be the unit on the end so there is room for cooling? Who knows... that would be pretty cool though.

[buzzdave]

If I were an enterprising kind of guy I would be trying to figure out how to stick 16 BFL chips on a blade and make it work in a bitfury chassis. Maybe it has to be the unit on the end so there is room for cooling? Who knows... that would be pretty cool though.

...or maybe I'll offer trade in on BFL's for BitFury blades

[nexus99]

If I were an enterprising kind of guy I would be trying to figure out how to stick 16 BFL chips on a blade and make it work in a bitfury chassis. Maybe it has to be the unit on the end so there is room for cooling? Who knows... that would be pretty cool though.

...or maybe I'll offer trade in on BFL's for BitFury blades

Very nice!

[DyslexicZombei]

He was being sarcastic. Were you trying for irony?

[superduh]

wondering if Dave is supplying Coinlab's mining farm or if that's under an NDA

[buzzdave]

Hey guys, the first boards are shipping from the factory tomorrow.  These are for 100TH rigs, but the August rigs are right on the heels of these boards (I don't know how long it takes them to make the 100TH boards).  The August delivery rigs were ordered in the same batch - this is different from what I've posted previously - I had forgotten that we added to the order over the top of what was needed for 100TH.

Tytus has the software working pretty well at this point - its only consuming 25% - 30% of an rPi's processor resources, which I think is pretty amazing!

A lot of work still needs to be done around things like producing some instructions and safety recommendations.  These things really are kits from that standpoint.  As soon as I can post pics of how to properly set up your rigs, I'll post it on my website.  I want to make sure you can get your rigs up & running without damaging them, yourself or your personal property.

Hey, I made a quick video showing screen output from a rig - thought I'd share that.

http://youtu.be/naW5uGHLbZE

[zurg]

Hey guys, the first boards are shipping from the factory tomorrow.  These are for 100TH rigs, but the August rigs are right on the heels of these boards (I don't know how long it takes them to make the 100TH boards).  The August delivery rigs were ordered in the same batch - this is different from what I've posted previously - I had forgotten that we added to the order over the top of what was needed for 100TH.

Tytus has the software working pretty well at this point - its only consuming 25% - 30% of an rPi's processor resources, which I think is pretty amazing!

A lot of work still needs to be done around things like producing some instructions and safety recommendations.  These things really are kits from that standpoint.  As soon as I can post pics of how to properly set up your rigs, I'll post it on my website.  I want to make sure you can get your rigs up & running without damaging them, yourself or your personal property.

Hey, I made a quick video showing screen output from a rig - thought I'd share that.

http://youtu.be/naW5uGHLbZE

Woohoooo
awesome.
Definitely would be interesting to know how soon the 100TH will take to produce. So I can estimate when I'll have my kit hashing away.

[kaerf]

Awesome! Thanks for the update, Dave. Any word on whether August deliveries will get the new M-board?

[buzzdave]

Awesome! Thanks for the update, Dave. Any word on whether August deliveries will get the new M-board?

I think its doubtful.  Niko will have some prototypes in about a week, but they aren't even tested yet.  I don't plan to derail any of my shipping efforts to get the new M-boards, especially when the existing design is working well.

[Morblias]

If the new M-boards are not ready, I want to start preparing my PSU for the older version.

Otherwise, you will get the first version M-board, which has a Keystone Terminal http://www.digikey.com/product-detail/en/8197/8197K-ND/316833 for power.

How would I go about connecting it to an ATX PSU? Would I need to cut my PSU ground and 12v wires to hook up to these terminals? Are there any adapters I could buy so I don't need to cut my PSU wires?

Also, this is awesome! First ASIC company to ship on time?!

[intron]

If the new M-boards are not ready, I want to start preparing my PSU for the older version.

Otherwise, you will get the first version M-board, which has a Keystone Terminal http://www.digikey.com/product-detail/en/8197/8197K-ND/316833 for power.

I am kind of confused at this keystone terminal. How would I go about connecting it to an ATX PSU?

Also, this is awesome! First ASIC company to ship on time?!

Cut off the Molex connector of your PSU wiring and
solder or crimp them to something like these:

http://www.newark.com/jst-japan-solderless-terminals/fvgs5-2-5-lf/crimp-terminal-ring-5mm-blue/dp/97K0340

intron

[-Redacted-]

If the new M-boards are not ready, I want to start preparing my PSU for the older version.

Otherwise, you will get the first version M-board, which has a Keystone Terminal http://www.digikey.com/product-detail/en/8197/8197K-ND/316833 for power.

I am kind of confused at this keystone terminal. How would I go about connecting it to an ATX PSU? Would I need to cut my PSU ground and 12v wires to hook up to these terminals?

Also, this is awesome! First ASIC company to ship on time?!

I'd suggest you get a PSU power cable splitter (one female to 2 male molex connectors) and cut one of those connectors off, rather than cutting the molex connector off the PSU cable....  

EDIT:
Actually, you should use and do that with 2 separate 6 pin PCi-e connectors coming from the PSU since they're supposed to be rated at 75 watts, and a full 16 board system probably is drawing more than 120 watts.

http://www.outletpc.com/jp1932.html

[buzzdave]

If the new M-boards are not ready, I want to start preparing my PSU for the older version.

Otherwise, you will get the first version M-board, which has a Keystone Terminal http://www.digikey.com/product-detail/en/8197/8197K-ND/316833 for power.

I am kind of confused at this keystone terminal. How would I go about connecting it to an ATX PSU? Would I need to cut my PSU ground and 12v wires to hook up to these terminals?

Also, this is awesome! First ASIC company to ship on time?!

I'd suggest you get a PSU power cable splitter (one female to 2 male molex connectors) and cut one of those connectors off, rather than cutting the molex connector off the PSU cable....

http://www.outletpc.com/jp1932.html

There's about 25A DC on this connection between PSU and M-board.  I've seen more than one PSU cable cut and connected to the terminals in some pics - Intron - do you see this as necessary?  My 100TH setup involves a dedicated 350w lab supply with high strand count 12ga copper, so I haven't crossed this issue yet.

[kaerf]

Isn't the kit supposed to come with a PSU compatible connector?

2 x Ring terminal to Molex-Jr adapter cable

[minternj]

id think a single wire is out of spec for 300+ w . safer to use multiple.

[Cablez]

It would probably be ideal to just use a single cut PCIe adapter with three wires to each point (+12v and Gnd). Then you can just connect the PCIe cable from the PSU and you are rolling.

[jc328]

Isn't the kit supposed to come with a PSU compatible connector?

2 x Ring terminal to Molex-Jr adapter cable

This was my general impression as well.  At present, I only have a new PSU, while being in the process of ordering a case and 120mm fans.  If there are other elements needed to make the kit run smoothly upon acquisition, I'm sure Dave will let us know.