who's going to make the first 50 T/H miner?

[samsonn25]

Thats the problem,  too many people are worried about efficiency by the time it takes to make a design 20-30% more efficient other companies are pushing out what they have and pushing the hashrate 5x. Thats why btc mining will meet an inflection point very soon and the arms race will have to slow down with the pot of gold harder to get.  Wouldnt make sense to spend 10 million to mine 1 million. Buy the coins is better.

[byt411]

I bet we will stick to 28nm for the whole year.

Nobody achieved asic of 20nm so far.

You are so wrong. The new KnCMiner Neptunes use a 20nm chip.
http://www.coindesk.com/kncminer-finalizes-design-worlds-first-20nm-bitcoin-asic-miner/

[tzortz]

Never done.

There is a whole thread about that.

Do your research.

[samsonn25]

I bet we will stick to 28nm for the whole year.

Nobody achieved asic of 20nm so far.

You are so wrong. The new KnCMiner Neptunes use a 20nm chip.
http://www.coindesk.com/kncminer-finalizes-design-worlds-first-20nm-bitcoin-asic-miner/

knc is a joke. They are the new bfl.   Just finalizing the design after taking 25 million in pre order money last year. If neptunes come end of june buyers are fcked with the difficulty

[manicminer5]

You are so wrong. The new KnCMiner Neptunes use a 20nm chip.
http://www.coindesk.com/kncminer-finalizes-design-worlds-first-20nm-bitcoin-asic-miner/

Nobody saw working neptune yet, so it does not exists. I'm no longer believing in preorder markets.

[byt411]

You are so wrong. The new KnCMiner Neptunes use a 20nm chip.
http://www.coindesk.com/kncminer-finalizes-design-worlds-first-20nm-bitcoin-asic-miner/

Nobody saw working neptune yet, so it does not exists. I'm no longer believing in preorder markets.

The only ASICS that aren't preorder are Bitmain, Gridseed and Cointerra. That's it.

[tzortz]

Coin terra , fuck no !

There are many also A1 clones out there ready to go!

[mikerbiker6]

Bitmain and Gridseed all the way.
These companies have their sh*t togheter, doing what they promise.

Btw, I heard of this new company: Spondoolies. (What a ridiculous name)
They still have to prove themselves but they should be delivering their hardware next month.
http://www.spondoolies-tech.com/products/2-units-of-sp10-dawson-may-batch

[Soros Shorts]

The problem is the chips wont be getting much faster. 20nm chips is about as far as they will go for quite some time. My prediction is you won't see 10TH rigs till next year

What if we get to 1nm? Then all we can do is build ridiculously large rigs with loads of chips in them, so it has more hashrate.

1 nm won't be possible using silicon. That is about 2 atoms wide.

[wanna4fun]

Bitmain and Gridseed all the way.
These companies have their sh*t togheter, doing what they promise.

Btw, I heard of this new company: Spondoolies. (What a ridiculous name)
They still have to prove themselves but they should be delivering their hardware next month.
http://www.spondoolies-tech.com/products/2-units-of-sp10-dawson-may-batch

I've been shipped ! I receive 3 SP10. They said mid-april starts the delivery, i received the DHL tracking the 17 or 18th of april.
I trust this company.

[byt411]

Bitmain and Gridseed all the way.
These companies have their sh*t togheter, doing what they promise.

Btw, I heard of this new company: Spondoolies. (What a ridiculous name)
They still have to prove themselves but they should be delivering their hardware next month.
http://www.spondoolies-tech.com/products/2-units-of-sp10-dawson-may-batch

I've been shipped ! I receive 3 SP10. They said mid-april starts the delivery, i received the DHL tracking the 17 or 18th of april.
I trust this company.

Be sure to update us when it arrives, I am quite surprised actually.

[Cryptofun2.0]

Large firms can get asics cheaper, especially asic manufacturers - so they outcompete da rest with the help of asic buyers

[tzortz]

Bitmain and Gridseed all the way.
These companies have their sh*t togheter, doing what they promise.

Btw, I heard of this new company: Spondoolies. (What a ridiculous name)
They still have to prove themselves but they should be delivering their hardware next month.
http://www.spondoolies-tech.com/products/2-units-of-sp10-dawson-may-batch

I've been shipped ! I receive 3 SP10. They said mid-april starts the delivery, i received the DHL tracking the 17 or 18th of april.
I trust this company.

Best choice you would ever do.

I believe that Spondoolies will produce the first 50 terrahash miner.

[mikerbiker6]

The problem is the chips wont be getting much faster. 20nm chips is about as far as they will go for quite some time. My prediction is you won't see 10TH rigs till next year

What if we get to 1nm? Then all we can do is build ridiculously large rigs with loads of chips in them, so it has more hashrate.

1 nm won't be possible using silicon. That is about 2 atoms wide.

And even if you could, elektrons would have a significant probability to quantum tunnel through the silicon, which you don't want ofcourse.
I saw an interesting video on this lately, for the people who like to see it: https://www.youtube.com/watch?v=rtI5wRyHpTg

[crocko]

Bitmain and Gridseed all the way.
These companies have their sh*t togheter, doing what they promise.

Btw, I heard of this new company: Spondoolies. (What a ridiculous name)
They still have to prove themselves but they should be delivering their hardware next month.
http://www.spondoolies-tech.com/products/2-units-of-sp10-dawson-may-batch

I've been shipped ! I receive 3 SP10. They said mid-april starts the delivery, i received the DHL tracking the 17 or 18th of april.
I trust this company.

2 UNITS OF SP10 DAWSON – MAY BATCH
$7,995.00 .... and only 1.4 TH/s of mining power 
No ROI for sure!

[samsonn25]

Bitmain and Gridseed all the way.
These companies have their sh*t togheter, doing what they promise.

Btw, I heard of this new company: Spondoolies. (What a ridiculous name)
They still have to prove themselves but they should be delivering their hardware next month.
http://www.spondoolies-tech.com/products/2-units-of-sp10-dawson-may-batch

I've been shipped ! I receive 3 SP10. They said mid-april starts the delivery, i received the DHL tracking the 17 or 18th of april.
I trust this company.

2 UNITS OF SP10 DAWSON – MAY BATCH
$7,995.00 .... and only 1.4 TH/s of mining power 
No ROI for sure!

Its two units of 1.4Th each = 2.8 TH

[s1gs3gv]

The first (effectively) 50TH miner will be built by a group of mathematicians at Cambridge University and will exploit a new SHA-256 attack. It'll run on a network of standard workstations and servers and the code will be written in scala, using akka remote actors.

ETA sometime in 2015. A big prize is waiting.

[samsonn25]

Not when difficulty is 200 billion.

[s1gs3gv]

Not when difficulty is 200 billion.

huh ?

[bitcoin4eva]

I'm not sure about that but what will happen when the difficulty just rises too high and miners will be useless? Should they just be thrown away?