GMO miner B2: 7NM mining within reach?

[sidehack]

Doesn't seem like it's helping the time to market if they're not gonna be shipping units for three months anyway. Making a case is a heck of a lot faster than making enough 7nm ASICs to put in it, and getting them installed on the boards.

Canaan's machines are better thought out in pretty much every way. If I'm remembering right, Canaan was started by the engineers left in the rubble of Avalon ripping off most of its customers and skedaddling with all the money. Putting more engineers in charge of a product instead of bean-counters is probably a good way to go if you want something to actually work well.

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[philipma1957]

I appreciate the insight but the argument isn't they can't, but why they don't. Ease, profits, turn to market. Or is there more I'm missing?

Yeah at least how I look at this gear.

Anyone with an understanding of mining won’t want this gear.

Two fans pull 62 watts.

Must force feed it cold air.

So if margins stay tight I am going to lose quite a bit of money feeding cool air to it.

If a fan has an issue gear may over heat.

So basically this miner is for an ac hosting place with crazy cheap power. And is short on space.

I simple don’t see why you buy this using 82 watts per th and needing ac

Over the Avalon the s9 or the t1/t2. All of which can survive a 90f room with fan cooling.

[NotFuzzyWarm]

Well this should make the GMO Investomers feel a little more comfortable, from the July issue of Photonics Spectra: Extreme UV Keeps Pace with Moore’s Law. Good article describing it even if it is written with more of a simplified-for-marketing vs whitepaper style.

EUV power is getting higher and more stable & mirrors are lasting longer so come Q4 7nm is finally looking to become economical for commercial production of chips vs the current Engineering samples/pre-production status.

[QuintLeo]

24 TH for 2 KW?

Not very impressive if they're actually using 7nm parts.

Innosilicon has done better than THAT on new nodes....

[philipma1957]

24 TH for 2 KW?

Not very impressive if they're actually using 7nm parts.

Innosilicon has done better than THAT on new nodes....

right now  gmo claims 82 watts per th

innosilicon claims  72 watts per th on a down clocked t2 turbo

and pangolin claims 65 watts per th on its new m10

so

24th doing 2000 watts  for gmo ships in OCT

33th doing 2145 watts for pangolin  ships in Sept

no real verification in field tests by real miners as of today.

but GMO is in trouble if  both innosilicon and pangolin deliver on their claims.

[minefarmbuy]

And Bitmain's pending announcement will most likely fall into competing for market on newest specs/efficiencies.

[philipma1957]

And Bitmain's pending announcement will most likely fall into competing for market on newest specs/efficiencies.

I would think it would , but I never saw them  trail in every single  type of miner they  were selling.

Already back to this gear it now looks like a terrible investment.

As both innosilcion and pangolin claim to work better.

and both innosilicon t2 turbo  releases sooner then OCT1

as does pangolin M10.

[minefarmbuy]

Yea, GMO is doing it wrong. Their pretty much selling asics that plan to will host them selves. No developed for most mining facilities and date is way to far to even call them a market competitor. Then they will probably keep changing their design every few months as efficiencies or hash rates increase. Hopefully the prior.

[Steamtyme]

I'm just checking the threads to see if anyone ordered this miner and knows if the end of October ship date is still on the table?

I'd like to see if they are meeting the first commitment before people start shelling out for their next announcement.

[minefarmbuy]

I'm just checking the threads to see if anyone ordered this miner and knows if the end of October ship date is still on the table?

I'd like to see if they are meeting the first commitment before people start shelling out for their next announcement.

All batches are sold out, no shipping info for any B2's for our buyers yet.

[Steamtyme]

So no B2 has shipped yet. There website claims to have hit the number for production to start on the B3, so orders have been halted, but you can send an email if still interested.

Then I read in another thread they are offering refunds for the b2 and cannot ship them.

I've requested more info, and directed them here

[mettalmag]

so for todays news GMO stated that they can't ship miners and they already issued some refunds to clients
even though the company is legit I was sure that something would happen, it doesn't matter who you are the pre-order stuff is always fishy
it reminded me butterflylabs

[rifleman74]

means they fubar'd their chips.  Why issue refunds if you're simply late on delivering product?

[Biffa]

Probably more like they saw the latest competitions products and decided they couldn't compete

[mettalmag]

Probably more like they saw the latest competitions products and decided they couldn't compete

exactly

Bitmain is on the market for almost 6 years now and GMO thought they can compete with them? Bitmain just took over the chip factories and I'm pretty sure they planned it before GMO's official statement about 7nm chips and plus today's market

[minefarmbuy]

Timing is everything, then there is price to market. GMO was doomed when they announced in what March-June ish? Way to long for a release. Even 60 days is too long now. Manufacturers will need to step up and deliver hardware that is the very best they can offer otherwise they'll get constantly trumped by the next release and so on, and so on.

[Steamtyme]

Probably more like they saw the latest competitions products and decided they couldn't compete

That really shouldn't have mattered. That's the golden ticket for pre-order companies, the time between when you pay and they deliver. It's a get out of jail free card, all you have to do is deliver the equipment, even if it's sub par for what is being sold along side it when the time to ship comes due.

There is no economical benefit to not shipping out the miners and refunding customers if the gear was successful. Considering the pre-order was supposedly sold out, they would have been way ahead by delivering this product to market, then moving forward.

[philipma1957]

That really shouldn't have mattered. That's the golden ticket for pre-order companies, the time between when you pay and they deliver. It's a get out of jail free card, all you have to do is deliver the equipment, even if it's sub par for what is being sold along side it when the time to ship comes due.

There is no economical benefit to not shipping out the miners and refunding customers if the gear was successful. Considering the pre-order was supposedly sold out, they would have been way ahead by delivering this product to market, then moving forward.

this is why preorders are death.

so they sold out   say 1000 machines for 3000. or 3 million.

how does anyone know if :

they mined them for 4 months.
they only cost 1 million to make them
they earned 1 million profit which means they are all roi'd

and they refund the 3 million back,

their cost = 0
they have 1000 miners paid off.
they have a load leveler deal with a major japanese power company
they switch gear on and off to level the load  and split the coins with the power company

If that is true I could prove it if  Japan gave me full authority to investigate it. But that is less likely then my 2 sidekick new pacs hitting back to back blocks.

[minefarmbuy]

If that is true I could prove it if  Japan gave me full authority to investigate it. But that is less likely then my 2 sidekick new pacs hitting back to back blocks.

This made my day.

[Steamtyme]

If that is true I could prove it if  Japan gave me full authority to investigate it. But that is less likely then my 2 sidekick new pacs hitting back to back blocks.

So  you're telling me there's a chance. ~ Lloyd Christmas

It would be nice to see the inner mechanisms of these companies or at least a brief overview. Honestly I can't think of any other industry that has this sort of set up, granted there aren't any I can think of where you could potentially use the investor money to build a product then use it to ROI.

I just wonder who would possibly pre order their B3 considering the debacle this turned into... Oh wait didn't they start taking that preorder money to build the B3's before issuing the refunds.

Honestly it's starting to look more like a damn Ponzi the more I think about it.