[ANN] FutureBit Project Apollo: Bringing ASIC Mining Back to the Home Miner!

[starcat]

The CMB Blog article stated that this thing is WIFI enabled.
WIFI is a REAL BAD idea and people need to start getting wise to this.
The so called 5G is a million times worse and all this microwave exposure is essentially wave poison which must be stopped or else horrible consequences are going to follow.
The Human body is not meant to be microwaved.

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[VictorGT]

Dont worry about WIFI... Ethernet connector also available 
You can choose...

[teammaf]

Are these going to be another pumper item/scalped?

Its hard for me to rationalize why these would be usable other than the fact they are 1/5th a L3+. So if you cant manage a L3+ at 800-900 watts for $170-250 with PSU(ebay), you can manage a Apollo for $270 with no PSU and 140MH? at 150-200 watts?

The key to the argument would be how well the Apollo overclocks and electric use there after. If you can get like 180-200MH out of them at like 1MH a Watt power usage then it DOES make sense to me. cause then you could undercut the power usage of a L3+

Whats the Max you can push these is the question?

[igotek]

Who pay 274 USD for 100-140 MH/s SCRYPT ?

We will pay 274 USD + shipping + PSU.
We will earn 0,61 USD daily and we will pay for power. Uh, huh....

 

449 days ROI without shipping + PSU + power.

[jstefanop]

Are these going to be another pumper item/scalped?

Its hard for me to rationalize why these would be usable other than the fact they are 1/5th a L3+. So if you cant manage a L3+ at 800-900 watts for $170-250 with PSU(ebay), you can manage a Apollo for $270 with no PSU and 140MH? at 150-200 watts?

The key to the argument would be how well the Apollo overclocks and electric use there after. If you can get like 180-200MH out of them at like 1MH a Watt power usage then it DOES make sense to me. cause then you could undercut the power usage of a L3+

Whats the Max you can push these is the question?

Im taking control of orders for batch one, and limiting the number that can be ordered per person. No one will have large numbers they can try and resell at a much higher cost. Obviously can't control what people do that buys these but everyone has an equal chance to pick these up at the pre-order price.

If your comparing these with an L3 its the wrong comparison. These are not made for people that can run an L3. If you have under 8 cent power and can run L3s in your home/mine or whatever then obviously go for them.

Now if you have never mined with an ASIC miner before (other than USB miners), or can only put this in your house/apartment/office and have more than 10cent power these make perfect sense in ECO mode, since 100MH at 100 watts is still profitable with higher power costs, and beats an L3 in efficiency by 60%

[in2tactics]

I was psyched to see this announcement, but I had been hoping for the PayPal option you normally have on your website. However, I can understand why it is not an option with it being a pre-order and all.

[jstefanop]

I was psyched to see this announcement, but I had been hoping for the PayPal option you normally have on your website. However, I can understand why it is not an option with it being a pre-order and all.

Yea Paypal unfortunately has a two week policy for shipping out pre-orders, so unfortunately crypto is the only way to handle pre-orders. Either way id rather do ALL commerce with crypto since this is what were all here for

Its pretty easy to open a coinbase account and get some crypto these days.

[jstefanop]

Please PM me for order issues instead of cluttering up thread with order issues (this should also be in the order thread not here).

[philipma1957]

I deleted post

issue was coinbase wallet

[crypto_curious]

I just placed my order. I am excited to see this hardware However, discount option has not been greatly coordinated. I am USB moonlander user, none of the shops I purchased from have told me anything about discount available. And If I would ask them it could take days to get my discount coupon from them. By that time, preorder sales could have been closed. That's why i decided to buy it now.

[HonestAbeX1]

Just wanted to confirm that this Apollo ASIC is able to mine any Scrypt-based coin including Digibyte-Scrypt?

[jstefanop]

Just wanted to confirm that this Apollo ASIC is able to mine any Scrypt-based coin including Digibyte-Scrypt?

Yes this mines any scrypt based coin and digibyte is one of them.

[jstefanop]

I just placed my order. I am excited to see this hardware However, discount option has not been greatly coordinated. I am USB moonlander user, none of the shops I purchased from have told me anything about discount available. And If I would ask them it could take days to get my discount coupon from them. By that time, preorder sales could have been closed. That's why i decided to buy it now.

If I prove to you that I purchased Moonlanders, can you generate for me double discount coupon for my second Apollo? I purchased first one without any discount, because I wanted to be in pre-orders, but now I want one more:)

Yea just shoot me a PM with your receipts etc. Please keep this type of stuff in the order thread though.

[xtraelv]

Great to see a small efficient unit being produced.

Likewise - I have a moonlander2 - it is the only machine I won't have to relocate due to excessive noise when my wife gets back from her trip.

100 Watt units make absolutely great small space heaters. Gblades were great for keeping mold from damp places but they just became too uneconomic to run..

They are also ideal for mining small odd-ball coins networks as a larger miner just pushes up the difficulty.

Smaller miners keep their value better than larger ones as it is more for hobby  mining rather than for profit.

I wish I had done some more unprofitable mining because while I was mining some shitcoins for twice their costs they shot up from 10 sat to 200 sat during the December crypto mania. (Buying the on the market would have pushed the price up - so mining wasn't that uneconomical)

I think the people that are complaining about the ROI don't realize that these units are ideal for hobby miners.

[Cryptodigits]

Those of us who are serious about profitable mining should make good use of the following live-results ASIC mining profitability research tool. It's awesome and guards against being ripped off by ASIC miner manufacturers and suppliers.

Use the search box on the top right of the page.

https://www.asicminervalue.com

[jstefanop]

Great to see a small efficient unit being produced.

Likewise - I have a moonlander2 - it is the only machine I won't have to relocate due to excessive noise when my wife gets back from her trip.

100 Watt units make absolutely great small space heaters. Gblades were great for keeping mold from damp places but they just became too uneconomic to run..

They are also ideal for mining small odd-ball coins networks as a larger miner just pushes up the difficulty.

Smaller miners keep their value better than larger ones as it is more for hobby  mining rather than for profit.

I wish I had done some more unprofitable mining because while I was mining some shitcoins for twice their costs they shot up from 10 sat to 200 sat during the December crypto mania. (Buying the on the market would have pushed the price up - so mining wasn't that uneconomical)

I think the people that are complaining about the ROI don't realize that these units are ideal for hobby miners.

Yea, unfortunately most people here are large farmers that don't care about the features I built into this miner. The core audience for these are people that are interested in crypto but have never mined and/or want to run one on their desk.

[Cryptodigits]

It is reasonably expected that miners should be rewarded with profits for their effort in securing networks. To encourage miners to become mere hobbyists after they have spent substantial amounts of money to acquire mining hardware, is simply disingenuous.

The first priority of any genuine ASIC manufacturer, is to produce mining hardware that will maximise mining profits and provide worthwhile gains for customers.

[jstefanop]

It is reasonably expected that miners should be rewarded with profits for their effort in securing networks. To encourage miners to become mere hobbyists after they have spent substantial amounts of money to acquire mining hardware, is simply disingenuous.

The first priority of any genuine ASIC manufacturer, is to produce mining hardware that will maximise mining profits and provide worthwhile gains for customers.

Just because crypto prices are down has nothing to do with ASIC manufacturers being disingenuous (and I agree that MOST ASIC manufactures have been nothing but disingenuous and greedy in the past year). The best I can do is offer the most efficient hardware possible, at the lowest cost possible, which is what I have done with this product. You seem to think this costs $50 dollars to make and I'm making hundreds of dollars in profit lol. Currently Batch 1 is break even (just the ASICs alone on this cost hundreds FYI).

We can't control crypto prices and the profitability of ASICs, and yea the market sucks right now for Bitcoin/Litecoin ASICs but prices are recovering already as you can see.

Also what kind of Bitcoin/Litecoin network would you like too see?

1,000 large scale centralized farmers dumping coins onto market every day skimming for profits OR

1,000,000 "hobbyists" as you call them all mining on their personal desktop devices earning Litecoins for the price of one lightbulb and holding these coins for the future?

Sorry, but I'm not in this for "profits" I'm in this to encourage as many people as possible to become "hobbyists" and join a new decentralized revolution...not another one centrally controlled by pure greed.

[T3ch92]

Order confirmed, thank you

[Cryptodigits]

It is reasonably expected that miners should be rewarded with profits for their effort in securing networks. To encourage miners to become mere hobbyists after they have spent substantial amounts of money to acquire mining hardware, is simply disingenuous.

The first priority of any genuine ASIC manufacturer, is to produce mining hardware that will maximise mining profits and provide worthwhile gains for customers.

Just because crypto prices are down has nothing to do with ASIC manufacturers being disingenuous (and I agree that MOST ASIC manufactures have been nothing but disingenuous and greedy in the past year). The best I can do is offer the most efficient hardware possible, at the lowest cost possible, which is what I have done with this product. You seem to think this costs $50 dollars to make and I'm making hundreds of dollars in profit lol. Currently Batch 1 is break even (just the ASICs alone on this cost hundreds FYI).

We can't control crypto prices and the profitability of ASICs, and yea the market sucks right now for Bitcoin/Litecoin ASICs but prices are recovering already as you can see.

Also what kind of Bitcoin/Litecoin network would you like too see?

1,000 large scale centralized farmers dumping coins onto market every day skimming for profits OR

1,000,000 "hobbyists" as you call them all mining on their personal desktop devices earning Litecoins for the price of one lightbulb and holding these coins for the future?

Sorry, but I'm not in this for "profits" I'm in this to encourage as many people as possible to become "hobbyists" and join a new decentralized revolution...not another one centrally controlled by pure greed.

The main point is to NOT to encourage miners to become hobbyists. Instead, focus on creating a highly profitable ASIC miner that can compete with the "large scale centralised farmers". In such a situation, it's likely that there would be 1,000,000+ genuinely profitable miners as opposed to 1,000,000 non-profitable / low-profitable hobbyists who are simply mining for fun or educational value, while spending hard-earned money.

The simple message, and the best thing to do, is to encourage serious ASIC mining by producing highly competitive and highly profitable hardware.