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Author Topic: [ANN] FutureBit Project Apollo: Bringing ASIC Mining Back to the Home Miner!  (Read 37604 times)
jstefanop (OP)
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August 29, 2018, 01:34:41 AM
Last edit: December 09, 2018, 01:50:31 AM by jstefanop
Merited by michelem (50), philipma1957 (3), wttbs (3), Lasergun (2), Lafu (1), klintay (1), kurbeks (1), crypto_curious (1), 9600 (1)
 #1

THIS IS THE GENERAL INFO THREAD: Keep this thread on topic!
All order related questions go here: https://bitcointalk.org/index.php?topic=4988526
All support related questions and image updates/download links here: https://bitcointalk.org/index.php?topic=5081750
__________________________________________________





Im super excited for this one, and know you guys have been waiting for something like this for a while. I have listened to all the feedback over the years, and have created something that will allow every miner/crypto enthusiast/newbie to take part in mining in a way that has never been done before.

The big thing here, and what all these years of working in this space has culminated too, is finally building a mining platform that is truly designed for the little guys from the ground up. Where anyone can run a fairly powerful ASIC miner on their desk in the simplest and easiest way possible, and with features catered for the home miner. This is the next stepping stone from my Moonlander platform, which was designed as a low cost, but not very profitable, entry point into mining. The Apollo platform will allow home miners to be competitive with large scale ASIC farm miner without the crazy power/noise suppression/ inconvenience of running these miners in your apartment/house/office.

So without further ado, I am happy to announce:

The FutureBit Apollo LTC
*the worlds most efficient scrypt miner*
*the worlds first wifi enabled miner*
*the only powerful ASIC miner that can be run on your desk without sounding like a jet engine or require 500+  watts in power*


SPECIFICATIONS: (these are prototype specs and can change in production version)

- Compact Stand-alone Pod Style Miner (4x6x4in)
- Very wide range of operation modes with preset ECO (quiet) mode and TURBO mode.
- 100-135+ MH/s of Scrypt performance per miner
- Industry leading 1W/MH in ECO mode, and 1.4W/MH for TURBO (100-200 watts)
- Powered by a fully integrated Quad-Core A7 ARM based controller
- First miner to be fully controlled over wifi, only cable needed is power! (this will be a Beta feature on launch..backup ethernet port is available as well).
- Clocks and Voltage is fully customizable by user with easy to use interface (no more pots!)
- Industry leading 97% efficiency 12v power-stage, with 27 ASIC chips powered in a 3x9 parallel/serial power arrangement  
- Custom designed cold forged hexagonal pin heatsink with leading thermal performance for the quietest ASIC miner in operation!
- 2k-6k PWM High Static Pressure Dual Ball Bearing Fan with automatic thermal management with onboard temperature sensor
- Controlled via local connection on a web browser similar to antminers. You can simply set it up via smartphone browser. No crazy driver installs, hard to use miner software or scripts needed.
- Two Six Pin PCIE power connectors for wide-range of power draw (only one is needed in ECO mode)
- New future platform features including full-node/peer to peer fully decentralize mining, full stand-alone solo mining, cloud/app based controls and more in development.

As you guys know I don't announce anything unless I have fully developed/tested the product and ready for mass-production. These specs are based on a pre-prodcution version that is running right now. Im excited to beat every other scrypt ASIC manufacturer in power efficiency, and this is obviously critical for home miners with high power costs and with the current bear market. As of this writing a stock L3+ is currently not profitable on 10 cent power, while the Apollo still has a good profit margin and will only increase as crypto markets recover.

Again I want to shy away from pure specs/profit numbers, because like my Moonlander Project, the Apollo project is not designed for people that are looking for the most profitability/lowest cost/MH etc. This is designed from the ground up by a home miner, for home miners, and with a feature set not available anywhere. I want FutureBit and its community to be a serious % of the network hash power and show the large mines/pools that decentralized mining is possible. The fully integrated plateform on a powerful ARM controller also allows future awesome feature updates to further decentralize mining (and even allow mining without a pool). I hope this project is a step to get us there and like the Moonlander allow even more people to get into mining on a serious scale that was not possible on our USB Miner platform. I still believe its possible to change the course of mining, and create an upheaval where a large number of Litecoin's hash power is being run in homes instead of farms like Satoshi's original vision for decentralized POW currencies.

Production:

The FutureBit Apollo will be produced in Pre-Order Batches like the Moonlander. The first batch will be a VERY limited run (under 1k units) in order to fix any production issues as we scale. Apollo is an order of magnitude more complex miner and we want to get everything right. With that being said this should be a fairly quick turnaround from Pre-Order to shipment, since our ASICs are already fabricated and ready for production. If we complete pre-order in the next week, shipments should start sometime in October. Im in the final stages of figuring out logistics and assembly.

The top image is a rendering of what the case will look like, but want to make it clear that in order to keep costs as low as possible in this market, the miner might not get shipped fully assembled or with a case. In this case it will be shipped in kit form like the original run of Moonlander 2s, and will be ready to run other than a Micro SD card that you will need to flash with our image for the controller. I will keep you guys updated during production for the final state of the project, but at the very least it will look like the miner above, plus some stand attachments if it does not ship with a case.

Pre-Order/Cost:

As always I try to get these miners out to you guys with the lowest cost possible with my limited budget/production runs. Unfortunately the miner was designed with a 200 LTC price in mind so while I'm cutting a few corners where I can it will still be priced in the $200-300 range. I obviously can't beat Bitmain in cost/MH, but I'm getting close, and hope the 60% efficiency edge and home miner features still make this a good price for people that would never run an L3 or large miner in there house in the first place.  

Ordering for this run will also be handled directly by me via www.futurebit.io. Since this will be a limited run it will be easier to handle everything directly. Pre-order will be first come first serve and will have more details in the pre-order thread and pre-announce the start time so everyone has an equal chance to order one. Unfortunately I probably wont be able to serve everyone that wants to preorder one for October, but should be able to ramp up fast/open another pre-order after product starts next month. Sign up on the email list on the site if you don't follow threads on here every day.

One last note...this community has been super helpful and supportive of my lofty goals to bring mining and spread it to even more new people. The Moonlander 2 brought in many thousands of new people into mining and was an awesome success. These are grassroots community driven mining efforts. Everything is funded by you guys, I don't have any investors, nor any special interests other than spreading crypto and the technology that drives it in the way it was supposed to be spread.

A MASSIVE thanks to all Moonlander 2 buyers, as always I wouldn't be here without you guys and as a special thanks ALL Moonlander 2 buyers will receive a significant discount on the Apollo.

Stay tuned for more updates and will be posting more shots of the Apollo running below!

Project Apollo: A Pod Miner Designed for the Home https://bitcointalk.org/index.php?topic=4974036
FutureBit Moonlander 2 USB Scrypt Stick Miner: https://bitcointalk.org/index.php?topic=2125643.0
jstefanop (OP)
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August 29, 2018, 01:40:17 AM
 #2

RESERVED

Project Apollo: A Pod Miner Designed for the Home https://bitcointalk.org/index.php?topic=4974036
FutureBit Moonlander 2 USB Scrypt Stick Miner: https://bitcointalk.org/index.php?topic=2125643.0
jstefanop (OP)
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August 29, 2018, 01:40:26 AM
 #3

RESERVED

Project Apollo: A Pod Miner Designed for the Home https://bitcointalk.org/index.php?topic=4974036
FutureBit Moonlander 2 USB Scrypt Stick Miner: https://bitcointalk.org/index.php?topic=2125643.0
philipma1957
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August 29, 2018, 01:43:09 AM
 #4

I want them soon as possible.

I need some space heaters.

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.. PLAY NOW ..
Rkoshay
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August 29, 2018, 01:47:08 AM
 #5

This sounds great!  I'll keep an eye on it and will probably buy one at least even though the electrical rates down here suck.
philipma1957
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August 29, 2018, 02:25:02 AM
 #6

This sounds great!  I'll keep an eye on it and will probably buy one at least even though the electrical rates down here suck.

where is down here?

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.. PLAY NOW ..
whitesites
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August 29, 2018, 03:15:31 AM
 #7

Am I missing something?
Scrypt at 140 Mh/s and 200 Watts only profits 9 cents / day
At least that is whattomine.com says.

What is the current profitability of this?
jstefanop (OP)
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August 29, 2018, 04:04:03 AM
 #8

Am I missing something?
Scrypt at 140 Mh/s and 200 Watts only profits 9 cents / day
At least that is whattomine.com says.

What is the current profitability of this?

Almost all scrypt miners are currently unprofitable at high power costs. Apollo has an advantage of much higher efficiency in the ECO 100 MH/s mode, which makes it about the only profitable scrypt miner with > 10cent/kw power cost.

Project Apollo: A Pod Miner Designed for the Home https://bitcointalk.org/index.php?topic=4974036
FutureBit Moonlander 2 USB Scrypt Stick Miner: https://bitcointalk.org/index.php?topic=2125643.0
dermono
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August 29, 2018, 04:14:22 AM
 #9

I'm guessing I'd need to buy this its own PSU? I was hoping I could just hook it up to my computer but it doesn't seem to be possible ;/
racebyu
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August 29, 2018, 04:24:49 PM
 #10

Great news, looking to get one asap to test and play with!
jstefanop (OP)
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August 29, 2018, 04:47:43 PM
 #11

I'm guessing I'd need to buy this its own PSU? I was hoping I could just hook it up to my computer but it doesn't seem to be possible ;/

You can plug it in directly to a spare PCIE plug from your existing computer PSU. As long as you have a spare 100-200 watts (same as a typical GPU) you should be fine.

I might try and source (or maybe build my own) ~250W stand alone 12v power supply for it for those that want to only run one, but usually low power PSUs are not that great of a quality and have horrible efficiencies. If you already have a computer running or low power server PSU your way better off running it with those though.

Project Apollo: A Pod Miner Designed for the Home https://bitcointalk.org/index.php?topic=4974036
FutureBit Moonlander 2 USB Scrypt Stick Miner: https://bitcointalk.org/index.php?topic=2125643.0
VictorGT
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August 29, 2018, 05:51:23 PM
 #12

Of course, I will buy a couple  Grin

By the way, all my MLD2 (4) working WITHOUT any problem now for 8 months at 4,05 MH/s. Conected to rig mobo USB ports (2 MLD2 per rig): no hubs...
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August 29, 2018, 05:58:31 PM
 #13

Awesome News jstefanop   will take one for sure if possible !  

Just have a few Monlanders2 from the beginn and they working Beasts and running now as i have got it , guess this one will be one too  !   

Nice Work

 Grin   Grin   Grin

philipma1957
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August 29, 2018, 08:15:04 PM
Last edit: August 29, 2018, 08:30:10 PM by philipma1957
 #14

Am I missing something?
Scrypt at 140 Mh/s and 200 Watts only profits 9 cents / day
At least that is whattomine.com says.

What is the current profitability of this?


you are using full speed setting which waste power

use low speed settings  100 watts a day = 24 cents a day in power cost for 100 mh  at low speed

vs

48 cents a day  for 140 mh high speed

point it here

http://ltc.tbdice.org/index.htm

and 24 cents spent to get a block

or mine here

https://pool.viabtc.com/pool/ltc/home/

and earn 100 x  Daily Yield: ≈0.0000549 LTC Per MH/s

that is  0.00549 ltc a day for only 24 cents in power (based on 10 cent power)

ltc is now 61.30  so  33.65 cents or 9 cent of profit

and at viabtc you will certainly about 2 doge a day

along with  .16 of cet a day

cet is worth 46 cents
doge is worth 3 cents

so add 6 cents and 7 cents  that is 13 cents  so 13 + 9 = 22 cents a day  over power cost not 9 cents as you say.

gear is quiet
gear gives heat

I live in NJ so these will  run at a profit and give me heat  that is roi plus

every day I run 1 I make 22 cents in coin profit and I get 100 x 4 = 400 btus an hour of heat

I could use 10 of these maybe more.

Buysolar my solar array partner will want 20 of them

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.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
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August 29, 2018, 08:45:03 PM
 #15


I live in NJ so these will  run at a profit and give me heat  that is roi plus

every day I run 1 I make 22 cents in coin profit and I get 100 x 4 = 400 btus an hour of heat


Am I missing something here? If the price point is in the $200-300 range, these will NEVER ROI, like not even close. There is no way you can look at these where they make financial sense. Its literally just throwing money away.
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August 29, 2018, 09:01:40 PM
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I live in NJ so these will  run at a profit and give me heat  that is roi plus

every day I run 1 I make 22 cents in coin profit and I get 100 x 4 = 400 btus an hour of heat


Am I missing something here? If the price point is in the $200-300 range, these will NEVER ROI, like not even close. There is no way you can look at these where they make financial sense. Its literally just throwing money away.


If you support Litecoin and other scrypt based coins, this is currently the most efficient mining option available. Either way like I said in my original post, the value in these is not just profit or ROI. Many people would rather support Litecoin by mining coins and supporting the network than outright buying them. For many this has NEVER been an option because the only mining equipment out there are 1kw+ loud machines designed for large farms.

This is also not for everyone, if you want a quick profit this is not for you (and mining in general is not for people that can't ride the bear markets). This is about distributing hash power to as many people as possible, and get as many new people as possible to mine and be part of the ecosystem. This means low cost, quiet, not power hungry desktop miners...which is what I have tried to build with this project.

Project Apollo: A Pod Miner Designed for the Home https://bitcointalk.org/index.php?topic=4974036
FutureBit Moonlander 2 USB Scrypt Stick Miner: https://bitcointalk.org/index.php?topic=2125643.0
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August 29, 2018, 09:12:19 PM
 #17


I live in NJ so these will  run at a profit and give me heat  that is roi plus

every day I run 1 I make 22 cents in coin profit and I get 100 x 4 = 400 btus an hour of heat


Am I missing something here? If the price point is in the $200-300 range, these will NEVER ROI, like not even close. There is no way you can look at these where they make financial sense. Its literally just throwing money away.

This is about home miners. Most of us are Litecoin community miners, others "not greedy" scrypt miners. Look at Bitmain website if you prefer. Buy an L3+  Wink.
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August 30, 2018, 12:32:26 AM
 #18

This sounds great!  I'll keep an eye on it and will probably buy one at least even though the electrical rates down here suck.

where is down here?

Down here is San Diego County and the electrical rates really do suck, the first tier is over 20Cents per KWHr and the 2nd tier is, ahem, 48 cents per KWHr.

 I know it won't make any economic sense but I'd like to learn how to mine in case we get all set up with PV (have a property in the back country with a lot of land and a lot of sun) or if we move to where the rates are a lot cheaper.
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August 30, 2018, 12:48:43 AM
 #19


I live in NJ so these will  run at a profit and give me heat  that is roi plus

every day I run 1 I make 22 cents in coin profit and I get 100 x 4 = 400 btus an hour of heat


Am I missing something here? If the price point is in the $200-300 range, these will NEVER ROI, like not even close. There is no way you can look at these where they make financial sense. Its literally just throwing money away.


If you support Litecoin and other scrypt based coins, this is currently the most efficient mining option available. Either way like I said in my original post, the value in these is not just profit or ROI. Many people would rather support Litecoin by mining coins and supporting the network than outright buying them. For many this has NEVER been an option because the only mining equipment out there are 1kw+ loud machines designed for large farms.

This is also not for everyone, if you want a quick profit this is not for you (and mining in general is not for people that can't ride the bear markets). This is about distributing hash power to as many people as possible, and get as many new people as possible to mine and be part of the ecosystem. This means low cost, quiet, not power hungry desktop miners...which is what I have tried to build with this project.


I agree these are not meant for ROI  i may buy one or two an mine and hold I can still mine scrypt based coins an gets something out of it.Smiley but no ROI

IF anyone mines for ROI you might be better off not mining at all . trading might be your best bet unless your able to invest a lot into mining for ROI because of how ASIC went to far with there greedily ways . .
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August 30, 2018, 10:15:54 AM
 #20

If you support Litecoin and other scrypt based coins, this is currently the most efficient mining option available. Either way like I said in my original post, the value in these is not just profit or ROI. Many people would rather support Litecoin by mining coins and supporting the network than outright buying them. For many this has NEVER been an option because the only mining equipment out there are 1kw+ loud machines designed for large farms.

This is also not for everyone, if you want a quick profit this is not for you (and mining in general is not for people that can't ride the bear markets). This is about distributing hash power to as many people as possible, and get as many new people as possible to mine and be part of the ecosystem. This means low cost, quiet, not power hungry desktop miners...which is what I have tried to build with this project.
Are you selling all these units at a loss as well to "distribute the hash power to as many people as possible"?
Think about it: you are making a profit selling these unprofitable boxes to people and sell them the concept that they're doing something good for the community?
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