[HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit)

[rdyoung]

with asicminer gen 3 successful, any ideas about getting a large batch of chips from them like rockminer is doing

that would make waaay too much sense

Isn't the 3rd gen 55nm vs the 28nm they are working with now?
And you can totally mine with chips alone. Just PNP.

[Dalkore]

ahahha, please tell me your not serious? you couldn't have just made a post stressing about the importance of basic math fundamentals in business logic and then claimed all we own is 50 units from bitmine. ahahahahaaa, btw, is that your bot that just got turned on?

Let me ask you something. You REALLY BELIEVE in 770 TH in two weeks?? now with 150 TH and ordered more 18 TH?

and yes of course i want to buy cheap and sell on a high.

770TH is really pushing it.   We can do like 350TH in 7 days but that is with serious professionals and Data-center already prepped.   Just opening boxes and cutting cables and labeling with take a serious amount of time.  FYI, just want to give some expert opinions for people. 


Cheers,
Dalkore

[rdyoung]

ahahha, please tell me your not serious? you couldn't have just made a post stressing about the importance of basic math fundamentals in business logic and then claimed all we own is 50 units from bitmine. ahahahahaaa, btw, is that your bot that just got turned on?

Let me ask you something. You REALLY BELIEVE in 770 TH in two weeks?? now with 150 TH and ordered more 18 TH?

and yes of course i want to buy cheap and sell on a high.

770TH is really pushing it.   We can do like 350TH in 7 days but that is with serious professionals and Data-center already prepped.   Just opening boxes and cutting cables and labeling with take a serious amount of time.  FYI, just want to give some expert opinions for people. 


Cheers,
Dalkore

In the last update on Havelock it says they have designed a 500th setup that can brought online fairly quickly. This of course is based on the custom hardware.

[kenmomotaro]

ahahha, please tell me your not serious? you couldn't have just made a post stressing about the importance of basic math fundamentals in business logic and then claimed all we own is 50 units from bitmine. ahahahahaaa, btw, is that your bot that just got turned on?

Let me ask you something. You REALLY BELIEVE in 770 TH in two weeks?? now with 150 TH and ordered more 18 TH?

and yes of course i want to buy cheap and sell on a high.

770TH is really pushing it.   We can do like 350TH in 7 days but that is with serious professionals and Data-center already prepped.   Just opening boxes and cutting cables and labeling with take a serious amount of time.  FYI, just want to give some expert opinions for people. 


Cheers,
Dalkore

It's all depend on Bitmine. There's not much PETA-MINE can do to help this situation. I believe PETA has a prepared data center capable to set up rigs they received in a very short time.  And this is the situation we have known from the very beginning, that the Manufactures don't ship those rigs on time. And since PETA's deploy speed is ahead the BTC network, I think there's not much to worry about if you are a long term investor. Go PETA.

[ujka]

with asicminer gen 3 successful, any ideas about getting a large batch of chips from them like rockminer is doing

that would make waaay too much sense

Isn't the 3rd gen 55nm vs the 28nm they are working with now?
And you can totally mine with chips alone. Just PNP.

Asicminer gen3 chips are 40nm, and very efficient, based on specifications:

Specification
Process node: 40nm
Package type: QFN64 8mmx8mm (with another option of QFN64 7mmx7mm possible)
I/O: Standard SPI protocol with clk, in, out and cs.
Rated Hashrate: 12.8GHash/s per chip, with a wide range of overclock/downclock options
Rated Voltage: 0.72V, recommended voltage range is 0.55V-1V
Power Consumption: 0.2J/GHash low voltage, 0.35J/GHash rated voltage

Yesterday they (AM) got first batch of chips, and now are doing some testing.
I would really like that CryptX take AM chips into consideration. Reference board design will be open-source.

[Usman056]

with asicminer gen 3 successful, any ideas about getting a large batch of chips from them like rockminer is doing

that would make waaay too much sense

Isn't the 3rd gen 55nm vs the 28nm they are working with now?
And you can totally mine with chips alone. Just PNP.

Asicminer gen3 chips are 40nm, and very efficient, based on specifications:

Specification
Process node: 40nm
Package type: QFN64 8mmx8mm (with another option of QFN64 7mmx7mm possible)
I/O: Standard SPI protocol with clk, in, out and cs.
Rated Hashrate: 12.8GHash/s per chip, with a wide range of overclock/downclock options
Rated Voltage: 0.72V, recommended voltage range is 0.55V-1V
Power Consumption: 0.2J/GHash low voltage, 0.35J/GHash rated voltage

Yesterday they (AM) got first batch of chips, and now are doing some testing.
I would really like that CryptX take AM chips into consideration. Reference board design will be open-source.

I second that, with the same amount of bitcoins that we spent on 18TH we could have had alot more possibly within the next month as AM expects to mass produce within the next month. 108 BTC @500= $54000 @ .5-1$ per chip hashing at 12.8GH = 691200 GH (691.2TH) earliest delivery - 1382400 GH (1382TH) (later delivery).

someone check my math...

[ujka]

AM price is $0.5-$1 per Gh/s, not per chip.

Also, you used just the cost of a bare chip.
Need to add the cost to design and manufacture the PCBs, populate PCBs with chips, add cooling, power...

[ujka]

Next week dividend speculation, with btc @ $400
0.00061999

[mikemikemike]

Next week dividend speculation, with btc @ $400
0.00061999

It's very unlikely BTC will go that low and stay that low, the resistance at 480 is crazy, last time BTC dropped below 450 whales propped it back up very very quickly, also, if you look at the previous bubbles were sitting at a kind of line we cannot cross, so yeah, if we do, I think it will be temporary, maybe lasting a couple of days at most

I say this, if we have any really really bad news then maybe, but otherwise, probably not

Anyways, I think we will be allot closer to 0.0007, with CryptX pushing bitmine and going to visit them next Monday, I wouldn't be surprised if we have a record week in additional delivery as bitmine try and keep CryptX happy. Also, lets not forget the last two weeks we have seen record hashing increasing on our end week on week, I expect that to continue

Anyways, that's just my opinion

Keep up the great work CryptX

PS: does anyone have any insight on how custom boards are built? I'm assuming we buy chips, then implement them on custom board? Then build the housing ect? If this was the case, then it would make allot of sense for CryptX not to mention the custom boards until we have a chip supplier?

Let me know. I'm a little confused as to the process of building our own machines

Thanks,

[ujka]

China is in panic sale, because central bank didn't deny last rumors (3 days ago) about 'ban' on bitcoin ('ban' means ordering banks to close accounts for chinese bitcoin exchanges on April, 15th).
Well, that rumor is out again and again every few weeks, but this time central bank didn't react on that.
I think it's just a FUD, but I'm far far from China.

[ujka]

Bitmine really need a push. Did they deliver any Rig so far?

Chips are already paid for. At bitmine  
CryptX need to desing and manufacture a PCB. And that seems a big task. Bitmine is trying to design a stable rig board since December.

[Usman056]

AM price is $0.5-$1 per Gh/s, not per chip.

Also, you used just the cost of a bare chip.
Need to add the cost to design and manufacture the PCBs, populate PCBs with chips, add cooling, power...

good catch

[BiteMyShinyMetalAss]

Sorry for the dumb question in advance, but what is AM ?

[anon29426]

Bitmine really need a push. Did they deliver any Rig so far?

Chips are already paid for. At bitmine 
CryptX need to desing and manufacture a PCB. And that seem a big task. Bitmine is doing that since December.

Ahhhh durrrr. My bad. Forgot bitmine were also doing the chips. Thanks!

And yeah, the china situation is annoying, it seems already priced in slightly so the effect if that news does drop should be mitigated, but it seems unlikely, we would have heard from one of the exchanges by now or confirmation from the PBOC

But yeah, fuck knows, I'm also a long way away from china until later this year when I'm gonna go visit for a month, wish I had some Chinese friends, definitely gonna get some so I can get quick translations, being so far behind bitcoins biggest market is a nightmare

AM: AsicMiner - they produce mining chips

[ujka]

Sorry for the dumb question in advance, but what is AM ?

ASICMINER
https://bitcointalk.org/index.php?topic=99497.0

[VonSpecht]

It could be some kind of a turning point for this project right now - when short-term "investors" are probably jumping out because of the current uncertain situation and long-term real investors, perhaps with also better risk tolerance, are increasing their investments at current cheap rates (both BTC+PETA)... At least I hope so. In long-term, this could mean slightly more stable volatility, as long as anything catastrophic won't happen out there... Does anyone agree?

[anon29426]

It could be some kind of a turning point for this project right now - when short-term "investors" are probably jumping out because of the current uncertain situation and long-term real investors, perhaps with also better risk tolerance, are increasing their investments at current cheap rates (both BTC+PETA)... At least I hope so. In long-term, this could mean slightly more stable volatility, as long as anything catastrophic won't happen out there... Does anyone agree

i think its silly for any short-term investors to jump ship. we are just beginning to ramp up delivery to expected levels, CryptX is going to visit bitmine next week so we should get some good news from that, and i think once CryptX has visited bitmine we will get an update on the custom boards. So yeah, on the contrary, i think nows probably the best time to invest.

i am a shareholder though so im slightly biased, but yeah, im holding, and prob buy some more on payday tuesday

[mikemikemike]

It could be some kind of a turning point for this project right now - when short-term "investors" are probably jumping out because of the current uncertain situation and long-term real investors, perhaps with also better risk tolerance, are increasing their investments at current cheap rates (both BTC+PETA)... At least I hope so. In long-term, this could mean slightly more stable volatility, as long as anything catastrophic won't happen out there... Does anyone agree

i think its silly for any short-term investors to jump ship. we are just beginning to ramp up delivery to expected levels, CryptX is going to visit bitmine next week so we should get some good news from that, and i think once CryptX has visited bitmine we will get an update on the custom boards. So yeah, on the contrary, i think nows probably the best time to invest.

i am a shareholder though so im slightly biased, but yeah, im holding, and prob buy some more on payday tuesday

+1

only thing is pre-ipo was the best time to invest, nows still pretty good imo, as we have a 50%+ yield and still got a few hundred TH of units to arrive. the next two weeks will be critical, we could be hitting 0.15 or still riding the waves through 0.06-0.07, all depends on how bitmine and cryptX handle everything

[kenmomotaro]

One thing is that could PETA request a refund since those Coincraft rigs are severely delayed? If yes, it's better to use those money buy some 1THs rigs from Chinese vendor, much cheaper and faster. And sure, PETA still buy chips from Bitmine, just refund some of those Coincraft rigs and we could make a quick deployment in 2 weeks.

[nwfella]

Barring any siginficant # of unit's coming in this week (which I suspect they won't)...I'm going to guess 0.00058912 for next dividend payout.  (Also assuming BTC stays above $450 (fingers and toes crossed))

*ps, cryptx I do have a couple of BFL jalapeno's I would consider selling to the project if the price was right!!  They earn darn near enough to cover the electricity at this point! :p  (yes, this is a joke people)