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pjviitas (OP)
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March 06, 2014, 03:22:24 AM |
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If there is not a flood of 1TH/s 20nm miners soon, a 200A residential service will not be able to handle mining for a profit well before the end of the year.
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ManeBjorn
Legendary
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Activity: 1288
Merit: 1004
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March 06, 2014, 03:48:16 AM |
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We won't see many of them until the manufactures are done mining with them and ship all the preorders. Sad but true. If there is not a flood of 1TH/s 20nm miners soon, a 200A residential service will not be able to handle mining for a profit well before the end of the year.
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pjviitas (OP)
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March 06, 2014, 04:32:45 AM |
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We won't see many of them until the manufactures are done mining with them and ship all the preorders. Sad but true. If there is not a flood of 1TH/s 20nm miners soon, a 200A residential service will not be able to handle mining for a profit well before the end of the year.
Well I am predicting that difficulty is going to be forced to level out because miners won't have anyplace to run their miners. |
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ManeBjorn
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Activity: 1288
Merit: 1004
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March 06, 2014, 04:42:46 AM |
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Could be . Plus with more big farms coming on line it will put it out of reach for most people. We won't see many of them until the manufactures are done mining with them and ship all the preorders. Sad but true. If there is not a flood of 1TH/s 20nm miners soon, a 200A residential service will not be able to handle mining for a profit well before the end of the year.
Well I am predicting that difficulty is going to be forced to level out because miners won't have anyplace to run their miners. |
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pjviitas (OP)
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March 06, 2014, 05:25:15 AM |
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Could be . Plus with more big farms coming on line it will put it out of reach for most people. We won't see many of them until the manufactures are done mining with them and ship all the preorders. Sad but true. If there is not a flood of 1TH/s 20nm miners soon, a 200A residential service will not be able to handle mining for a profit well before the end of the year.
Well I am predicting that difficulty is going to be forced to level out because miners won't have anyplace to run their miners. I calculate that profit will be out of reach for even the big farms by the end of 2015 |
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ManeBjorn
Legendary
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Activity: 1288
Merit: 1004
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March 06, 2014, 05:42:05 AM |
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Eventually if it gets wider spread adoption and use then profit will self sustain at a certain point as there will be 100's of thousands of transactions instead of the few each block there are now. That is where the steady money will come from. Until that point it is an arms race to get the most they can now. More of these companies need to start focus on the economy of the whole things and get people spending bitcoin that way there will always be a need for miners. Could be . Plus with more big farms coming on line it will put it out of reach for most people. We won't see many of them until the manufactures are done mining with them and ship all the preorders. Sad but true. If there is not a flood of 1TH/s 20nm miners soon, a 200A residential service will not be able to handle mining for a profit well before the end of the year.
Well I am predicting that difficulty is going to be forced to level out because miners won't have anyplace to run their miners. I calculate that profit will be out of reach for even the big farms by the end of 2015 |
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novello
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March 06, 2014, 11:36:56 PM |
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20nm technology is still not fully product engineered, and yields are unpredictable. The NRE's and unit prices are horrendous too, so there aren't going to be too many manufacturers queuing up to buy it, unless they've got money to burn and a similar amount of vanity.
Look at what ASICminer have done - smart use of existing, cheap technology with efficient design, and NRE costing about 1/10 of 20nm. Oh, and it consumes a lot less Joules/gigahash than current 20nm designs under construction.
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HashFast_CL
Full Member
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Activity: 168
Merit: 100
HashFast Community Liaison
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March 06, 2014, 11:57:27 PM |
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Yesterday I set up a HashFast Sierra built with three of our Rev2 boards. These are *not* the EVO (~750GH/s) boards but the machine is still getting around 1.5TH/s!!! You can see it mining live on Eligius by going here http://eligius.st/~wizkid057/newstats/userstats.php/1JyeG1Cdd2xtu22qV7XPGjR22JPkJmVvyAand clicking the 'toggle worker details' button. It's the one called "Rev2Sierra" of course. It's using about 1850 Watts and is plugged into a standard outlet, along with a small PC controller. |
"Bitcoin enables ordinary people to fight back, to avoid and evade snooping governments, which enact, use and abuse laws that allow them, without due process, to investigate, tax, control and seize privately owned assets." - Leon Louw
“We can say without equivocation that firms like MasterCard, Visa and the TBTF banks like JPMorgan and Goldman hate the idea of ever having to compete for business again. They have grown comfortable in their corrupt world of writing laws for themselves without any regulatory oversight. They enjoy the exorbitant privilege of bilking the American economy with extortionary transaction rates. They are scared of Bitcoin. And they should be. It offers transparency, cost efficiency and anonymity.” - Max Kaiser
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jimmothy
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March 07, 2014, 01:47:23 AM |
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Yesterday I set up a HashFast Sierra built with three of our Rev2 boards. These are *not* the EVO (~750GH/s) boards but the machine is still getting around 1.5TH/s!!! You can see it mining live on Eligius by going here http://eligius.st/~wizkid057/newstats/userstats.php/1JyeG1Cdd2xtu22qV7XPGjR22JPkJmVvyAand clicking the 'toggle worker details' button. It's the one called "Rev2Sierra" of course. It's using about 1850 Watts and is plugged into a standard outlet, along with a small PC controller. Everyone please note that this is the most scammy bitcoin asic manufacturer to date. Even BFL does not meet the level of bullshit coming from hashfast. |
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ManeBjorn
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Activity: 1288
Merit: 1004
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March 07, 2014, 01:59:03 AM |
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Now that is very sweet. Yesterday I set up a HashFast Sierra built with three of our Rev2 boards. These are *not* the EVO (~750GH/s) boards but the machine is still getting around 1.5TH/s!!! You can see it mining live on Eligius by going here http://eligius.st/~wizkid057/newstats/userstats.php/1JyeG1Cdd2xtu22qV7XPGjR22JPkJmVvyAand clicking the 'toggle worker details' button. It's the one called "Rev2Sierra" of course. It's using about 1850 Watts and is plugged into a standard outlet, along with a small PC controller. |
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