papamoi
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August 08, 2013, 10:26:51 AM |
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they claiming that it s generating near 3k per day that s mean the whole investment is returned in less then 20 days?
have i missed something?
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jspielberg
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August 08, 2013, 12:05:44 PM |
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they claiming that it s generating near 3k per day that s mean the whole investment is returned in less then 20 days?
have i missed something?
Yes. They aren't currently available and they have no web presence/proof. Who knows when those will no longer hold. Difficulty continues to rise dramatically (I.e. 20%+).
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reactor
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August 08, 2013, 12:09:22 PM |
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they claiming that it s generating near 3k per day that s mean the whole investment is returned in less then 20 days?
have i missed something?
Yes. They aren't currently available and they have no web presence/proof. Who knows when those will no longer hold. Difficulty continues to rise dramatically (I.e. 20%+). Crazy rumor time. This holds no bearing in reality, but would be funny. Watch, this is the customer who got craptons of Avalon chips and thought they could bank on stupid people with lots of money paying craptons for hosting mining that has zero guarantee of paying off within the year contract. Could happen, idiots with money do interesting things.
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TheSwede75
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August 08, 2013, 02:49:19 PM |
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Alydian’s launch-day pricing was $65,000 per Terahash [...]
I wonder if they've gotten the memo that most other mining companies get around $10k (or less) per 1TH/s...or I could just buy from Bitfury or KnC and pay a fraction of what they're asking for the same speed. I am not sure if you picked up it but it looks like they just purchase a batch of Avalon or BFL Chips and are re-packaging them into a solution. I am leaning towards Avalon. If you buy a Avalon batch then you get 3 Th per batch. Nothing suggests that this is there own chip.
Thoughts?
Could certainly be the case, and would also help explain their exorbitant pricing model. I'll have to give it another look and edit later. They are charging as much as possible with the premium that comes with being Coinlab backed. I bet they will sell out due to new investments rushing to mining and being scared of investing in Avalon/BFL due to their long standing "Fuckup history".
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TheSwede75
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August 08, 2013, 02:50:08 PM |
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they claiming that it s generating near 3k per day that s mean the whole investment is returned in less then 20 days?
have i missed something?
The entire concept of Diff increase and running costs.
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jgarzik
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Activity: 1596
Merit: 1099
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August 08, 2013, 03:05:11 PM |
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I am not sure if you picked up it but it looks like they just purchase a batch of Avalon or BFL Chips and are re-packaging them into a solution. I am leaning towards Avalon. If you buy a Avalon batch then you get 3 Th per batch. Nothing suggests that this is there own chip.
Yes, they are doing their own chip. Not BFL or Avalon AFAIK.
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Jeff Garzik, Bloq CEO, former bitcoin core dev team; opinions are my own. Visit bloq.com / metronome.io Donations / tip jar: 1BrufViLKnSWtuWGkryPsKsxonV2NQ7Tcj
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Bitcoinorama
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August 08, 2013, 03:09:51 PM |
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I think they already have started and have something more or less in hand, so they want to charge a big premium. The premium is because when they did start a few months back 65nm seemed like a good idea. BFL was having trouble getting there, it beat Avalon's chips and had less associated costs than smaller nm. However now that's potentially not the case so they need to recover NRE costs ASAP, so they need to charge through the nose. ASICminer profiteer from products in hand, so these guys are giving it a try. Their prices will drop massively to compete as they will have to, but they need their NRE back quick fast as their products life cycle is no longer as certain.
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Make my day! Say thanks if you found me helpful BTC Address ---> 1487ThaKjezGA6SiE8fvGcxbgJJu6XWtZp
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jgarzik
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Activity: 1596
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August 08, 2013, 03:13:25 PM |
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Depends on when they start.
They started a while ago.
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Jeff Garzik, Bloq CEO, former bitcoin core dev team; opinions are my own. Visit bloq.com / metronome.io Donations / tip jar: 1BrufViLKnSWtuWGkryPsKsxonV2NQ7Tcj
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WastedLTC
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August 08, 2013, 03:25:46 PM |
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I think they already have started and have something more or less in hand, so they want to charge a big premium. The premium is because when they did start a few months back 65nm seemed like a good idea. BFL was having trouble getting there, it beat Avalon's chips and had less associated costs than smaller nm. However now that's potentially not the case so they need to recover NRE costs ASAP, so they need to charge through the nose. ASICminer profiteer from products in hand, so these guys are giving it a try. Their prices will drop massively to compete as they will have to, but they need their NRE back quick fast as their products life cycle is no longer as certain. I love how the doc shows a lifetime profit of $666k with a pricetag of $650k. By 2015, you'll have earned $16K on $650k. Lets do it! Group buy anyone? The later diff increases might be smaller but the diff increases this year will be much larger than the 18% in the doc which is where all the profit is. Could be looking at $50k less return this year. I donno. All I can say is good luck to them. So many risks out there and some will win and some won't. I REALLY hope some of mine will win but no one knows right now.
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qnosh
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August 08, 2013, 03:51:04 PM |
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mark
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superduh
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August 08, 2013, 04:19:52 PM |
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still don't understand the coinlab connection - no funding , no expertise, why?
edit: mixed up labcoin and coinlab
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ok
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Loredo
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August 08, 2013, 05:25:29 PM |
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65 nm Really, though: who cares? I few more heat dissipation issues, maybe. A few more racks of boards needed. But a TH/s is the same, regardless of the physical aspects of the chips, no? If they started a while back, they can't be at this week's standard. Ever read the science fiction classic " Far Centaurus"?
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af_newbie
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August 08, 2013, 06:30:51 PM |
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... On top of that, the chips get 3.2 watts per GH/s...3200w for the 1TH/s. Let's shoot for a normal-(ish) $0.15 per kWh price (which would probably be quite high for a datacenter), which would put the cost per month at $345, or $4147 a year.
Except, 480 GH/s minirig with 128 chips pulls 2000W from the wall. So 1TH/s would require 40A circuit. And the electric bill for 1TH/s would be north of $5K/year
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exahash
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August 08, 2013, 10:01:20 PM |
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At time of press, each Terahash returned approximately $2,800 per day in earnings.
Kindergarden math would suggest that's wildly inaccurate.... 1 block/10mins @ 25coins/block = 3600 coins/day Network hashrate (now) = 343Th/s So 1 Th/s (if existing not *adding* to the network) would expect to get 1/343 of 3600 coins/day = about 10 coins/day = about 1000$/day _right now_ with an ever decreasing amount as others add to the network Some days are better than others (but it all evens out in the end) - a real example - 370Gh/s on 1/August received 4.13 coins, so scaling that to 1TH/s would have been 11.16 coins You must've been a child prodigy, Rob, doing multiplication and long division in kindergarten. A much easier online calculator says: Mh/s Difficulty Coin/Day $/Coin Net Profit 1000000 37392768 13.45 102.14 $1373.732 Now, they say in the announcement that btc recently traded at 105, but 13.45 * 105 = $1412.25, which is still only about half of the $2800 figure they mention. Kinda hard to trust a company that gets such a major detail so wrong in their first press release.
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Ytterbium
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August 08, 2013, 11:01:16 PM |
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At time of press, each Terahash returned approximately $2,800 per day in earnings.
Kindergarden math would suggest that's wildly inaccurate.... 1 block/10mins @ 25coins/block = 3600 coins/day Network hashrate (now) = 343Th/s So 1 Th/s (if existing not *adding* to the network) would expect to get 1/343 of 3600 coins/day = about 10 coins/day = about 1000$/day _right now_ with an ever decreasing amount as others add to the network Some days are better than others (but it all evens out in the end) - a real example - 370Gh/s on 1/August received 4.13 coins, so scaling that to 1TH/s would have been 11.16 coins You must've been a child prodigy, Rob, doing multiplication and long division in kindergarten. A much easier online calculator says: Mh/s Difficulty Coin/Day $/Coin Net Profit 1000000 37392768 13.45 102.14 $1373.732 Now, they say in the announcement that btc recently traded at 105, but 13.45 * 105 = $1412.25, which is still only about half of the $2800 figure they mention. Kinda hard to trust a company that gets such a major detail so wrong in their first press release. Yeah, it seems like a lot of companies out there are trying to scam people who do google searches and aren't really paying much attention to what's going on. BFL is probably the king of this.
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mrb
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August 18, 2013, 10:00:55 PM |
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I am not sure if you picked up it but it looks like they just purchase a batch of Avalon or BFL Chips and are re-packaging them into a solution. I am leaning towards Avalon. If you buy a Avalon batch then you get 3 Th per batch. Nothing suggests that this is there own chip.
Yes, they are doing their own chip. Not BFL or Avalon AFAIK. Most likely then, this leak was about Alydian's order: 1+ million 65nm chips...
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papamoi
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August 24, 2013, 01:23:26 PM |
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Prices are ridiculous. No one can afford it.
YES ridiculously ridiculous
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papamoi
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August 24, 2013, 04:10:30 PM |
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I am scared to work with Peter. If history repeats itself then maybe higher probability that he will sue you if chips don't arrive on time. Also, why did he send out news on the chips lately? One possibility is to build public support and pressure the chip makers so if they fail to deliver then Peter has someone to blame.
Same thing happened with Gox.
can you tell us more? i don t know what are you talking about exactly?
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