HashFast announces specs for new ASIC: 400GH/s

[Ytterbium]

But I agree, it's nice to see different designs popping out, we followed Bitfury's approach too for our ASIC and we're confident that the road to success is huge grids of small and cool chips.

$6250   700W       85GH/s      8.23W per GH   $73 per GH
$5600   350W      400GH/s      0.88W per GH   $14 per GH

Product who has for order?  I only paid $1500 for my B2 Avalon - $18/Gh/s.  Delivered In June.

Only a few dollars more expensive per Gh/s then HashFast. Clearly they're not charging anywhere near their actual mfg cost.

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[PuertoLibre]

But I agree, it's nice to see different designs popping out, we followed Bitfury's approach too for our ASIC and we're confident that the road to success is huge grids of small and cool chips.

$6250   700W       85GH/s      8.23W per GH   $73 per GH
$5600   350W      400GH/s      0.88W per GH   $14 per GH

Product who has for order?  I only paid $1500 for my B2 Avalon - $18/Gh/s.  Delivered In June.

Only a few dollars more expensive per Gh/s then HashFast. Clearly they're not charging anywhere near their actual mfg cost.

B1 Delivered in March.

It is a good thing they are still way above cost, cause the worth of such machines will drop like a stone.

[DeathAndTaxes]

Product who has for order? 

I updated the post.  The product in question is the one available from the person I was responding to.

[DeathAndTaxes]

It is a good thing they are still way above cost, cause the worth of such machines will drop like a stone.

Well Avalon charges $9 per chip (AFAIK someone correct me if I am wrong) and that is obviously inflated 1000% or more over silicon cost and that cost will sink like a stone.  So you could remove $2400 from the system by assumming the price of chips in bulk drops from $9 to $1 to remain competitive.  However my point was that even doing that looking at an Avalon, the balance of the system cost (PCB, heatsinks, assembly, DC to DC power supply, power distribution board, controller board, even mundane things like fans, power supply, and cases) isn't being marked up 1000%.  Excluding the cost of the chips you couldn't drop the cost on the rest of the system 90%.   So while the value (and price) of older chips will indeed fall like a stone the BOM (balance of materials) cost will subdue the price drops.

On a related topic this is why I believe those that think $1/GH complete miners are reasonable are just silly.  Still in full disclosure I own miners, shares, and pre-orders with multiple companies but not Avalon so I may just be biased.

[giorgiomassa]

But I agree, it's nice to see different designs popping out, we followed Bitfury's approach too for our ASIC and we're confident that the road to success is huge grids of small and cool chips.

$6250   700W       85GH/s      8.23W per GH   $73 per GH
$5600   350W      400GH/s      0.88W per GH   $14 per GH

No no I was talking about our future 28nm ASIC, not our current Avalon clones! It's obvious that you can't compare a first with a third generation mining device.

[ImI]

Hi Giorgio!

When is your expected timeline for your selfmade ASIC?

You dont have to be very specific. I just want to know: 2013? 2014? December? January?

[PuertoLibre]

It is a good thing they are still way above cost, cause the worth of such machines will drop like a stone.

Well Avalon charges $9 per chip (AFAIK someone correct me if I am wrong) and that is obviously inflated 1000% or more over silicon cost and that cost will sink like a stone.  So you could remove $2400 from the system by assumming the price of chips in bulk drops from $9 to $1 to remain competitive.  However my point was that even doing that looking at an Avalon, the balance of the system cost (PCB, heatsinks, assembly, DC to DC power supply, power distribution board, controller board, even mundane things like fans, power supply, and cases) isn't being marked up 1000%.  Excluding the cost of the chips you couldn't drop the cost on the rest of the system 90%.   So while the value (and price) of older chips will indeed fall like a stone the BOM (balance of materials) cost will subdue the price drops.

On a related topic this is why I believe those that think $1/GH complete miners are reasonable are just silly.  Still in full disclosure I own miners, shares, and pre-orders with multiple companies but not Avalon so I may just be biased.

I totally agree with you on this.

This is why I wrote in a few threads that companies should be looking into paralleling their designs...NOW....not later.

Eventually, the price will have to drop too sharply for them to be able to sell it. If this happens before they ship, they will fold. Companies need to be looking at what their business model looks like 5 or 6 months from now. Otherwise there will be alot of companies with designs that don't work with that eventuality.

[Ytterbium]

But I agree, it's nice to see different designs popping out, we followed Bitfury's approach too for our ASIC and we're confident that the road to success is huge grids of small and cool chips.

$6250   700W       85GH/s      8.23W per GH   $73 per GH
$5600   350W      400GH/s      0.88W per GH   $14 per GH

No no I was talking about our future 28nm ASIC, not our current Avalon clones! It's obvious that you can't compare a first with a third generation mining device.

I agree, these large hot chips seem nonsensical.

[DeathAndTaxes]

No no I was talking about our future 28nm ASIC, not our current Avalon clones!

What 28nm ASIC?

[giorgiomassa]

Hi Giorgio!

When is your expected timeline for your selfmade ASIC?

You dont have to be very specific. I just want to know: 2013? 2014? December? January?

Hey there!

1st week of december 2013 but it's not official yet, I commented because I just had a full day of meeting and discussions with our ASIC partner exactly on this subject and we came out clearly with the conclusion that big supercharged single chip miners end up being MORE (yes, more) expensive in total BOM than a rig of smaller, agile mining ASICs.

It is a good thing they are still way above cost, cause the worth of such machines will drop like a stone.

Well Avalon charges $9 per chip (AFAIK someone correct me if I am wrong) and that is obviously inflated 1000% or more over silicon cost and that cost will sink like a stone.  So you could remove $2400 from the system by assumming the price of chips in bulk drops from $9 to $1 to remain competitive.  However my point was that even doing that looking at an Avalon, the balance of the system cost (PCB, heatsinks, assembly, DC to DC power supply, power distribution board, controller board, even mundane things like fans, power supply, and cases) isn't being marked up 1000%.  Excluding the cost of the chips you couldn't drop the cost on the rest of the system 90%.   So while the value (and price) of older chips will indeed fall like a stone the BOM (balance of materials) cost will subdue the price drops.

On a related topic this is why I believe those that think $1/GH complete miners are reasonable are just silly.  Still in full disclosure I own miners, shares, and pre-orders with multiple companies but not Avalon so I may just be biased.

Yay let's not talk about Avalon's design anymore please, it was the world's first ASIC miner and was conceived with the idea of a central unit talking simultaneously to all the 24/32 hashing units, future miners based on small chips (like Bitfury) feature a ridiculously low cost serial bus that daisy chains them all together with no additional external components (except for some decoupling capacitors).
  

[joshv06]

We've posted a new update on our blog:
https://hashfast.com/countdown-to-tapeout/

-John

Any updates on the Tapeout?

[jjiimm_64]

We've posted a new update on our blog:
https://hashfast.com/countdown-to-tapeout/

-John

Any updates on the Tapeout?

I was thinking the same thing:

Tapeouts today are a highly choreographed sequence of events.  The first step is a “mock tapeout”, also called the “dummy tapeout”.  We are well into this stage.  Several days ago Uniquify sent our chip’s design files + documents to the Fab on our behalf. This is a preamble to official tapeout, which includes a content check of all the documentation, and a review of the mask files by the Fab.  The results of our mock tapeout are due back any minute now and so far it all looks good.

After a positive verification comes back from the Fab, the next step begins.

[HashFast]

We've posted a new update on our blog:
https://hashfast.com/countdown-to-tapeout/

-John

Any updates on the Tapeout?

It hasn't happened yet, but it is very close. I wish I could say more... but will soon.

 - John

[jjiimm_64]

We've posted a new update on our blog:
https://hashfast.com/countdown-to-tapeout/

-John

Any updates on the Tapeout?

It hasn't happened yet, but it is very close. I wish I could say more... but will soon.

 - John

Thanks for the update John 

[AussieHash]

Ok well it is official then. No October delivery.

64 days from Monday is the end of October

We should be able to get our chip through the fab in 64 days, and we'll have another few days to create modules out of the chips.  They will then attach to the board via a socket.

[dan99]

Ok well it is official then. No October delivery.

64 days from Monday is the end of October

We should be able to get our chip through the fab in 64 days, and we'll have another few days to create modules out of the chips.  They will then attach to the board via a socket.

Another Delay.?

[plasmoske]

Slow sales equates to a late tapeout. The fab run can take a while so you're looking at mid Nov to mid Dec. Delayed  

[dan99]

Slow sales equates to a late tapeout. The fab run can take a while so you're looking at mid Nov to mid Dec. Delayed  

OMG

[jspielberg]

Slow sales equates to a late tapeout. The fab run can take a while so you're looking at mid Nov to mid Dec. Delayed  

I guess that is what the MPP and refund backstops are for... to keep the incentives in the right places.

[crumbs]

We've posted a new update on our blog:
https://hashfast.com/countdown-to-tapeout/

-John

Any updates on the Tapeout?

It hasn't happened yet, but it is very close. I wish I could say more... but will soon.

 - John

The sun will come out
Tomorrow
Bet your bottom dollar
That tomorrow
There'll be sun
Just thinkin' about
Tomorrow
Clears away the cobwebs
And the sorrow
'Til there's none

Chin up, kids!