DRILLBIT SYSTEM Miners - Avalon range available - Now $104.99!

[davmp]

I think you're stressing too much. Even if you miss out - like what you're saying (which I doubt you will), is it such a huge deal to use a USB hub?

Everything I've seen so far implies these need external power, so using a USB hub doesn't get you the same setup.

But I'm not stressing at all actually.  The selling body parts was a jest.  I'm curious as to the answer.  It would be cool if they had continued plans to manufacture these, especially if they were on compatible boards.  It would make it worth it to get the backplane (mini or not) now by upping my order qty.

[erk]

I think you're stressing too much. Even if you miss out - like what you're saying (which I doubt you will), is it such a huge deal to use a USB hub?

Everything I've seen so far implies these need external power, so using a USB hub doesn't get you the same setup.

But I'm not stressing at all actually.  The selling body parts was a jest.  I'm curious as to the answer.  It would be cool if they had continued plans to manufacture these, especially if they were on compatible boards.  It would make it worth it to get the backplane (mini or not) now by upping my order qty.

I guess it boils down to getting the numbers to fill a bulk chip order, I think 3,000 is the minimum.

[Barntech]

Man Barntech and guys, the chips are down fast! This is going to be closed in a week!

Good job,
IAS

Too bad the chips wont arrive before october with this speed lol

After the Avalon (Yifu) scam, October sounds beautiful (but I hear you). An yes, the difficulty is getting higher, but if we get the boards in late October, they can be profitable for a few months. And who knows how long if the price jumps up.

Yeah I was actually looking at either BFL chips or Avalon before I found out about BitFury and this thread. But i couldn't find any BFL group buys nor did I want to build a board using THAT much power.  And Avalon was too slow but the price was nice until I found out batch #3 was canceled so I scrapped those ideas and went back to looking at FPGA's lol.  And with that difficulty going up I do feel like the price will raise with this.

Hey yes.

Exciting that we're almost there on the chip order. Looking good for this to happen smoothly (fingers crossed). We have been considering a second chip reel, but i just found out the new prices and they have gone up dramatically, so it's not really doable. We are really lucky we got the chips for the price we did. They are around 270% the price now. We would have to put the prices up a lot for a second reel, so probably just sticking to the one. Only 800 to go!

[Barntech]

OK, just wanna check one thing before I order.
I will be ordering through PayPal, and as we all know shipping is not included in the price.
So my question is: Will you PM everyone when you have the shipping estimates or do you get an email with a PayPal invoice?

I will be in touch with everyone soon regarding shipping options. It will be posted here and i will be sending out emails to everyone involved in the group buy.

[erk]

[

Hey yes.

Exciting that we're almost there on the chip order. Looking good for this to happen smoothly (fingers crossed). We have been considering a second chip reel, but i just found out the new prices and they have gone up dramatically, so it's not really doable. We are really lucky we got the chips for the price we did. They are around 270% the price now. We would have to put the prices up a lot for a second reel, so probably just sticking to the one. Only 800 to go!

Why did they put the price up? Most ASIC prices are coming down with gen 2 stuff on the way.

Surely that much increase will kill the ROI.

[Barntech]

How much is shipping to Canada? For a fully assembled 8 chip board?

Appros shipping is $50 - $100 depending on weight and shipping choice. Details soon. Sorry it has taken so long.

[Barntech]

Just bought 2 via bitcoin please confirm

TA ID = a99d949bb69fe7abe3b9410f8f69699164adeee04d2a9610d876c26ae82f5592

Plan to buy way more in a week but these seem to be going fast so wanted to get at least a few now

Yep. Got it.

Thanks. 

[nexus99]

They are raising prices on future orders? Wow, they must really not want business :-)

[Barntech]

Just bought 3 fully assembled 8-chip Drillbit Boards incl. chips, $300 each, total $900 = BTC8,18
TXid: c97b9c19ad80ba133f15909105cfe53a094718b76fee5049107cb8a9076915a0

Please confirm.

Regards, Jan

Payment received. Thanks Jan.

[nexus99]

When we place Paypal orders are we supposed to get anything other than the Paypal receipt in email?

Paypal transaction : 9UA778810F053313V  for $310.

I know I will end up ordering another before this is all done...

[Barntech]

Hi Barntech,

Put me down for 2 more complete systems (My last, I promise!) at $620. Pay Pal Confirmation -  1N478680DE6962341

Please confirm and just add it to my last order(s) of 2 placed yesterday. Cash total $1240. So, in total, one back plane running 4 boards.

Thanks,
IAS

ps - Should I email another form with my information for your records, or do you are you keeping track ok?

Hey IAS.

Yep, got you down for 4 boards. Got your details ok. If you feel like sending an email, it won't hurt just for back up info, but its ok, i've got the details. Cheers

[Barntech]

I am assuming that with all these orders this buy is still open?

Yes, check the OP, there is a "chips remaining" counter.
Still 800+ left at the time of this post

Yep still open. 

[vulgartrendkill]

Barntech,

Just looking at the first page info again, you mention installing the hashing board into a pc case.  For this, do you have any particular slot in mind? 5.25 3.5 pcie etc?  Also, do you know the approximate size (I may already have space for it, therwise I'll know what to expect.)


Thanks,  sorry for all the questions

[ank0l0g]

It is not clear at prices for the chips.
We managed to buy chips at the old price? Or do we have to pay extra?

[insks]

bought 2 via paypal please confirm transaction ID 18535823K53404349

[erk]

It is not clear at prices for the chips.
We managed to buy chips at the old price? Or do we have to pay extra?

It's very clear, read the first few sentences of the first post in this thread.

[vulgartrendkill]

It is not clear at prices for the chips.
We managed to buy chips at the old price? Or do we have to pay extra?

It's very clear, read the first few sentences of the first post in this thread.

Yeah they managed to get the chips at the old price.

[Barntech]

What's the thought or plans for the future given you've clearly put a good amount of effort into making the boards stackable with various backplanes?

Is it only 'we did this to enable people to purchase multiple boards on this order', or perhaps 'we plan to offer opportunities to purchase more compatible boards throughout the year that have BitFury chips', or 'we see opportunities to keep providing compatible boards even if we have to switch chip sources', or (ominous music) 'we did this to get someone else to fund our own super-massive scalable mining rig, MWahaha!' :-)

Seriously, I can only put in for one board now (and have done so).  But all the people commenting that they've placed multiple orders made me think: Should I be totally discounting the stackable nature because it will be useless for anything in the future?  And, should I sell body parts to go for a second or more board now because I won't be able to get one later?

Hey Dav

Good questions. Hopefully this little spiel will answer you.

We are intending to continue this project into the future beyond this specific group buy. Initially the plan was to continue producing Bitfury based boards for as long as it is viable and then seek out a new chip source to implement a new version of the Drillbit System to accommodate next Gen chips. This is still the plan, but it is looking at this point like one reel of Bitfuries is as far as we will go with Bitfury. The main reason for this being that prices has risen dramatically on the Bitfury chips. If we did move into a second reel, we would have to put the prices up a lot. When we get to that point i will put it out there to people and see if there is a response, and hell, maybe we will do a second reel at raised prices. If we can gather the funds before October we can get both reels at the same time. This would be a plus for sure. It really depends on whether people are willing to pay the new prices. If that ends up not eventuating, from there we will focus our efforts on gear based on new chips. I am making investigations, buts its still too early to tell what might be available and when. I know thats all a bit off the topic, but also not really.  All the hardware is designed to be upgradeable. The intention is that next gen boards will be able to plug into your existing system. Now, there is a massive disclaimer on this, and that is basically that we can't guarantee comparability until we know what the next chip is all about. Best case scenario it just slots in and happily coexists with your existing boards, worst case is that the old and the new boards won't be able to go on the same miniplane. But either way, the miniplane will work with new boards. New chip based boards will be designed with the same basic technology as the existing boards, just modified for the new chips. So yes, your Drillbit System will continue to be relevant and expandable beyond this group buy. Exactly how it will work is yet to be determined. It all depends on whats next, but whatever it is, we're going to do our best to get our hands on them and get them out there for you.

Barntech

[Barntech]

[

Hey yes.

Exciting that we're almost there on the chip order. Looking good for this to happen smoothly (fingers crossed). We have been considering a second chip reel, but i just found out the new prices and they have gone up dramatically, so it's not really doable. We are really lucky we got the chips for the price we did. They are around 270% the price now. We would have to put the prices up a lot for a second reel, so probably just sticking to the one. Only 800 to go!

Why did they put the price up? Most ASIC prices are coming down with gen 2 stuff on the way.

Surely that much increase will kill the ROI.

I'm not sure really. It seems crazy to me. It means we would have to charge a lot more for a second run, probably making it not viable. A real shame.

[Barntech]

When we place Paypal orders are we supposed to get anything other than the Paypal receipt in email?

Paypal transaction : 9UA778810F053313V  for $310.

I know I will end up ordering another before this is all done...

No thats all for now. there will be follow up emails as we get closer to sort out shipping and just make sure i've got the correct details for everyone.