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Author Topic: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!  (Read 529010 times)
vesperwillow
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May 29, 2014, 07:09:28 PM
 #1141

Retro72 - great points, hope to find out.

What for? You can always use just 1/2 of the chips as you have stated before. Wink

I never said what you quoted, are you referring to someone else?

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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allcoinminer
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May 29, 2014, 07:12:35 PM
 #1142

Retro72 - great points, hope to find out.

What for? You can always use just 1/2 of the chips as you have stated before. Wink

I never said what you quoted, are you referring to someone else?

https://bitcointalk.org/index.php?topic=314402.msg7018898#msg7018898
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May 29, 2014, 07:15:09 PM
 #1143

Retro72 - great points, hope to find out.

What for? You can always use just 1/2 of the chips as you have stated before. Wink

You can't remove chips, but I would imagine you can remove boards.
Your earlier complaint was rediculous, if you didn't realize it. You are essentially complaining about free hashing power.
Now, if you can't handle the added electricity, then fair enough. But I'm pretty sure these boards (not chips) just plug in.

 Wink

BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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May 29, 2014, 07:19:06 PM
 #1144


I never said what you quoted, are you referring to someone else?

Yes. Sorry, I have fixed the quote.
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May 29, 2014, 07:31:03 PM
 #1145


You can't remove chips, but I would imagine you can remove boards.
Your earlier complaint was rediculous, if you didn't realize it. You are essentially complaining about free hashing power.
Now, if you can't handle the added electricity, then fair enough. But I'm pretty sure these boards (not chips) just plug in.

 Wink

Your belive that you can expand the capacity by factor of 3 from already pumped-up case design is ridiculous. My concerns were about amount of heat generated not about juggling with chip boards. The only reasonable explanation is that they don't have the case yet but that cast a big shadow on July delivery. EU regulations concerning the PSUs is another issue.
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May 29, 2014, 10:02:16 PM
 #1146


You can't remove chips, but I would imagine you can remove boards.
Your earlier complaint was rediculous, if you didn't realize it. You are essentially complaining about free hashing power.
Now, if you can't handle the added electricity, then fair enough. But I'm pretty sure these boards (not chips) just plug in.

 Wink

Your belive that you can expand the capacity by factor of 3 from already pumped-up case design is ridiculous. My concerns were about amount of heat generated not about juggling with chip boards. The only reasonable explanation is that they don't have the case yet but that cast a big shadow on July delivery. EU regulations concerning the PSUs is another issue.

It is not my belief. AT said a while ago that the smaller miner could be upped substantially. I forget the amount, but that info must be around. I forget where I read it though.

Adding more cards, if the design is good, would just involve more fans. AT needs to comment on this at some point.

BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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May 29, 2014, 10:27:17 PM
 #1147

Does it really matter?  No company taking payment in full up front before a working product has been demonstrated has ever delivered what they promised, when they promised it.  This company will not be the first.  And why would they?  As long as people continue to be willing to pay cash up front for a product that has 0 chance of being delivered on time (seriously, how many times have we seen this EXACT pattern Huh), there really is no reason for them to change their business practices. 
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May 29, 2014, 10:47:06 PM
 #1148

So far as I know, historically no mining ASIC maker has ever hit their planned energy efficiency targets.  Avalons first chips consumed about 150% of the planned amount, where BFLs consumed 450%.  I don't have numbers for Hashfast and Cointerra but I hear they had the same problem.

I would advise Alpha to prepare for similar results, and to plan accordingly when designing the PCBs.  Use extra copper to make fatter traces able to handle more amps, design in pad provisions to add more voltage regulators and power connectors if they turn out to be needed, etc.  The same goes for the cooling system.

"All safe deposit boxes in banks or financial institutions have been sealed... and may only be opened in the presence of an agent of the I.R.S." - President F.D. Roosevelt, 1933
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May 29, 2014, 11:03:45 PM
 #1149

So far as I know, historically no mining ASIC maker has ever hit their planned energy efficiency targets.  Avalons first chips consumed about 150% of the planned amount, where BFLs consumed 450%.  I don't have numbers for Hashfast and Cointerra but I hear they had the same problem.

I would advise Alpha to prepare for similar results, and to plan accordingly when designing the PCBs.  Use extra copper to make fatter traces able to handle more amps, design in pad provisions to add more voltage regulators and power connectors if they turn out to be needed, etc.  The same goes for the cooling system.

See though this is exactly why (well, one of the many reasons anyway) no company taking preorders in this fashion will ever deliver as promised.  All those things you mentioned can of course be done.  But they also cost money, money which would then come out of their profits.  Since their customers have already paid and have almost no real recourse, why would they do that when they can just skimp on everything and when it doesn't work, push back the delivery date again and again?  We as customers have already demonstrated time and again that no matter how badly these companies fuck us, we're still happy to wait in line to give them our money for a product that will almost certainly never turn a profit.   
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May 29, 2014, 11:55:57 PM
 #1150


Fiaz from the litecointalk thread

"PSU will be included and it is 40nm."


That is a pretty small PSU ! Maybe they CAN fit 3 in the case after all.

~L)L~

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May 30, 2014, 12:42:43 AM
Last edit: May 30, 2014, 01:32:05 AM by retro72
 #1151


Fiaz from the litecointalk thread

"PSU will be included and it is 40nm."

That is a pretty small PSU ! Maybe they CAN fit 3 in the case after all.

~L)L~

My friend, you have just won the internet
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May 30, 2014, 01:51:23 AM
 #1152


Fiaz from the litecointalk thread

"PSU will be included and it is 40nm."

That is a pretty small PSU ! Maybe they CAN fit 3 in the case after all.

~L)L~

My friend, you have just won the internet

I heard a rumor on the internet that A-T is working on the PSU for its next-gen 1TH 2.5TH 15TH scrypt miner.
5 PSUs will be included and they are 28nm.

~L)L~
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May 30, 2014, 01:58:21 AM
 #1153

Also heard on Coin Desk  http://www.coindesk.com/private-china-meeting-bitcoin-mining-industry-leaders/

"The battle for share of the scrypt-coin networks is about to heat up too,
with at least four companies (Zeus, Gridseed, Innosilicon and Silverfish) apparently all ready to roll with existing inventory.
At stake is about 200 gigahashes-worth of total litecoin/dogecoin/etc mining power around the world,
all still running on GPUs – but not for long."

Will the last person mining scrypt coins please turn out the lights.

anderl
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May 30, 2014, 02:14:24 AM
 #1154


Fiaz from the litecointalk thread

"PSU will be included and it is 40nm."

That is a pretty small PSU ! Maybe they CAN fit 3 in the case after all.

~L)L~

My friend, you have just won the internet

Bwaaahhhhahhawwawaahhhhaaaaaaahahahahaa!!!

This is the best thread!
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May 30, 2014, 04:42:26 AM
 #1155

I vote no more pre order i think its time you companies really start taking on the risk now that crypto currencies are proven they are not going to disappear.

Pre-order is a great startup tool but the mainstream customer is taking on to much of the risk here and i don't think its really acceptable practice these days and lets face it,
you cant hide behind the excuse anymore that you cant get funding!

1-5% deposit refundable if you do not meet projected delivery dates and or hashing, power specs and lets face it, if a company starts doing that then so will you!
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May 30, 2014, 04:50:50 AM
 #1156

I vote no more pre order i think its time you companies really start taking on the risk now that crypto currencies are proven they are not going to disappear.

Pre-order is a great startup tool but the mainstream customer is taking on to much of the risk here and i don't think its really acceptable practice these days and lets face it,
you cant hide behind the excuse anymore that you cant get funding!

1-5% deposit refundable if you do not meet projected delivery dates and or hashing, power specs and lets face it, if a company starts doing that then so will you!

Agreed their. I will never do pre order again since the early days of Avalon.  Should of just kept the Bitcoin back then and had a lot more for the bitcoin than the machine that done partnership on. Having said that it sill comes in handy to mine new coins but have to then wait until they go live on markets.

=
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May 30, 2014, 08:27:36 AM
 #1157

So far as I know, historically no mining ASIC maker has ever hit their planned energy efficiency targets.  Avalons first chips consumed about 150% of the planned amount, where BFLs consumed 450%.  I don't have numbers for Hashfast and Cointerra but I hear they had the same problem.

I would advise Alpha to prepare for similar results, and to plan accordingly when designing the PCBs.  Use extra copper to make fatter traces able to handle more amps, design in pad provisions to add more voltage regulators and power connectors if they turn out to be needed, etc.  The same goes for the cooling system.

I  wouldn't compare the first ASIC's to the current ones regarding efficiency. They have learned a lot from those that have come before them and made efficient steps along the way.
If you constantly look to the past for your answers to the future, you will end up back where you started. Bitcoin, if anything, is the antithesis of that.

I'm curious as there seems to be a lot of hate going on here.

How about posters post in their threads whether or not they even have an order? I have a feeling next to none of you (except for those that have already openly stated it) have orders with A.T.
So the larger question is, why is what AT does so interesting for you all? Are you playing the role of Robin Hood, or rather are you representing other ASIC companies or Huh

After all, its about sharing...

BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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May 30, 2014, 11:55:30 AM
 #1158

Also heard on Coin Desk  http://www.coindesk.com/private-china-meeting-bitcoin-mining-industry-leaders/

"The battle for share of the scrypt-coin networks is about to heat up too,
with at least four companies (Zeus, Gridseed, Innosilicon and Silverfish) apparently all ready to roll with existing inventory.
At stake is about 200 gigahashes-worth of total litecoin/dogecoin/etc mining power around the world,
all still running on GPUs – but not for long."

Will the last person mining scrypt coins please turn out the lights.



I wake up and see this.
Alpha Tech is not even in the list.

vesperwillow
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May 30, 2014, 12:32:15 PM
 #1159

So far as I know, historically no mining ASIC maker has ever hit their planned energy efficiency targets.  Avalons first chips consumed about 150% of the planned amount, where BFLs consumed 450%.  I don't have numbers for Hashfast and Cointerra but I hear they had the same problem.

I would advise Alpha to prepare for similar results, and to plan accordingly when designing the PCBs.  Use extra copper to make fatter traces able to handle more amps, design in pad provisions to add more voltage regulators and power connectors if they turn out to be needed, etc.  The same goes for the cooling system.

I  wouldn't compare the first ASIC's to the current ones regarding efficiency. They have learned a lot from those that have come before them and made efficient steps along the way.
If you constantly look to the past for your answers to the future, you will end up back where you started. Bitcoin, if anything, is the antithesis of that.

The suggestion works if you look at Cointerra and HashFast who both hopped on the newer ASIC technology bandwagon and promised astounding results. They started running into similar issues as AT with timeline, last minute changes, etc. Of particular note, Hashfast also flew by the seat of their pants on the chips at the last minute (like AT is doing), and it was their downfall.

Last I checked into it, Cointerra came to within about 85 or 90% of their original design spec, but still ended up late. Hashfast died off, kept taking money, kept making promises, failed to keep them.. and they're facing multiple lawsuits right now. Back when it was in the planning phase, I wagered that Cointerra would come out on top and Hashfast wouldn't. Honestly, Hashfast's CEO looked like a wannabee nerd. My wager paid off.

Here's some info on Hashfast's legal issues: http://arstechnica.com/tech-policy/2014/05/meet-hashfast-another-bitcoin-miner-manufacturer-accused-of-fraud/

I truly hope AT examines my suggestion from the previous page, and takes it seriously. There's 2 red flags in play right now against them making a July shipping date and there's enough undercurrent that they need to handle the situation.

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May 30, 2014, 02:03:58 PM
 #1160

So the larger question is, why is what AT does so interesting for you all?

Drama. Plain and simple. The eternal human struggle with greed, fear, hope, ignorance.

Bitcoin theater ...
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