LargeCoin C200 Integrated Mining Unit

[Inspector 2211]

RJK: You're datacenter can't handle a power request like that?  Ask them about private suites, they can usually handle larger power requests, at least the ones I use.  400 amps for a suite is not uncommon.  If you are willing to suck it up on the open floor, you can get 220v drops and pull down 200 amps fairly easily as well.  Did the specs on this thing say it was 220v or 120v?

I haven't seen mention of whether it is 120 or 220VAC.
I was basing my datacenter comment on a single rack. I'm sure I could get a suite, but when half of the $600/rack/month cost is for power, and when you only get 40 amps for that, I dread to find out the cost for 400 amps and associated cooling requirements.

Of course I could probably get a lower cost by requesting non-UPS power and minimal genset backup, but since I am not buying 40x of these, I won't be bothering to get a quote on that

RJK, where do you get a full rack w. 40 Amps for $600? Seattle? I've been searching high and low for a deal like that in California, but  the  local offers are typically 20 Amps for $900. 
So basically, they tell you to stuff the rack full of Atom-based servers, or leave the rack half-empty...

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[rjk]

RJK: You're datacenter can't handle a power request like that?  Ask them about private suites, they can usually handle larger power requests, at least the ones I use.  400 amps for a suite is not uncommon.  If you are willing to suck it up on the open floor, you can get 220v drops and pull down 200 amps fairly easily as well.  Did the specs on this thing say it was 220v or 120v?

I haven't seen mention of whether it is 120 or 220VAC.
I was basing my datacenter comment on a single rack. I'm sure I could get a suite, but when half of the $600/rack/month cost is for power, and when you only get 40 amps for that, I dread to find out the cost for 400 amps and associated cooling requirements.

Of course I could probably get a lower cost by requesting non-UPS power and minimal genset backup, but since I am not buying 40x of these, I won't be bothering to get a quote on that

RJK, where do you get a full rack w. 40 Amps for $600? Seattle? I've been searching high and low for a deal like that in California, but  the  local offers are typically 20 Amps for $900. 
So basically, they tell you to stuff the rack full of Atom-based servers, or leave the rack half-empty...

http://datacenter.bz/ Just a few miles down the road from me in central Ohio. Smack dead in the middle of the transit route between Chicago and Atlanta.

[Inspector 2211]

http://datacenter.bz/ Just a few miles down the road from me in central Ohio. Smack dead in the middle of the transit route between Chicago and Atlanta.

Appreciated, however a little bit too far for me when I need to swap a hard disk or a whole server or something.
Right now, I have my dedicated servers in downtown L.A., and even that has proven to be a pain in the b*tt.
700 miles round trip.

[rjk]

http://datacenter.bz/ Just a few miles down the road from me in central Ohio. Smack dead in the middle of the transit route between Chicago and Atlanta.

Appreciated, however a little bit too far for me when I need to swap a hard disk or a whole server or something.
Right now, I have my dedicated servers in downtown L.A., and even that has proven to be a pain in the b*tt.
700 miles round trip.

No problems, I only charge $100/hour for remote hands, plus gas to get there.

[RoadStress]

We've read the forums, and after many conversations with customers, we have
decided to offer a 50% price reduction on the first 25 orders of the
LargeCoin C200 Integrated Mining Unit. To participate, please visit our
[2] order form if you haven't already, and give us your details. Someone
will contact you soon to arrange for your deposit to be placed into escrow
(now reduced to just $2,250).

[rjk]

We've read the forums, and after many conversations with customers, we have
decided to offer a 50% price reduction on the first 25 orders of the
LargeCoin C200 Integrated Mining Unit. To participate, please visit our
[2] order form if you haven't already, and give us your details. Someone
will contact you soon to arrange for your deposit to be placed into escrow
(now reduced to just $2,250).

I got that too. Now I really would buy if I had the funds on hand. 

[Brian DeLoach]

I updated the numbers. Electricity is set at .12 cents per kilowatt (U.S. average)

Product	M / $	M / W	1 GH/s	Year $	1-year	2-year	3-year	4-year	5-year
Rig Box	1.677	20.2	$596	$52	$648	$701	$753	$805	$857
Single	1.314	10.4	$761	$101	$862	$963	$1,064	$1,165	$1,266
C200	1.333	200	$750	$5	$755	$761	$766	$771	$776

The 'Year $' is cost per year to operate. At half price, the C200 beats the Single on price efficiency. Still falls short of of the Rig Box, but a little over three years will cover the difference. If you also calculate cooling and noise, and the fact that the C200 is the long term solution, the pricing makes much more sense.

[nedbert9]

We've read the forums, and after many conversations with customers, we have
decided to offer a 50% price reduction on the first 25 orders of the
LargeCoin C200 Integrated Mining Unit. To participate, please visit our
[2] order form if you haven't already, and give us your details. Someone
will contact you soon to arrange for your deposit to be placed into escrow
(now reduced to just $2,250).

I got that too. Now I really would buy if I had the funds on hand. 

First 25 units only?  Where will they be once that's done? 

This is still not making sense.

[Brian DeLoach]

First 25 units only?  Where will they be once that's done? 

This is still not making sense.

Are you saying they will raise the price after the first 25? I'm going to assume they will not do that. If anything it will be even lower in the future.

[rjk]

First 25 units only?  Where will they be once that's done? 

This is still not making sense.

Are you saying they will raise the price after the first 25? I'm going to assume they will not do that. If anything it will be even lower in the future.

Here's hoping!

[Brian DeLoach]

Here's hoping!

Hopes are dashed, I am wrong.

[nedbert9]

Here's hoping!

Hopes are dashed, I am wrong.

I have to wonder if this is good business sense on behalf of Largecoin or just a tad bit of arrogance.

They've got big balls to charge nearly 2x ROI of other solutions on the assumption that consumers will base their purchase decision on BTC market conditions that might take 10 months to materialize.
All the while their customers losing in terms of opportunity cost rather than going with ready, more profitable solutions (that can be paid for in that term).

This rubs me the wrong way.  But good luck to LC and their customers.

[Inspector 2211]

We've read the forums, and after many conversations with customers, we have
decided to offer a 50% price reduction on the first 25 orders of the
LargeCoin C200 Integrated Mining Unit. To participate, please visit our
[2] order form if you haven't already, and give us your details. Someone
will contact you soon to arrange for your deposit to be placed into escrow
(now reduced to just $2,250).

I got that too. Now I really would buy if I had the funds on hand. 

Same here.
I can come up with the deposit, but coming up with the remaining $12,750, that's another story entirely.
I'm not ruling out placing a deposit, however.

[Brian DeLoach]

I have to wonder if this is good business sense on behalf of Largecoin or just a tad bit of arrogance.

They've got big balls to charge nearly 2x ROI of other solutions on the assumption that consumers will base their purchase decision on BTC market conditions that might take 10 months to materialize.
All the while their customers losing in terms of opportunity cost rather than going with ready, more profitable solutions (that can be paid for in that term).

This rubs me the wrong way.  But good luck to LC and their customers.

They will either be vindicated when sales are good at $30K a unit, or they will be forced lower the price back down. I strongly suspect it will be the latter.

[kakobrekla]

Same here.
I can come up with the deposit, but coming up with the remaining $12,750, that's another story entirely.
I'm not ruling out placing a deposit, however.

GLBSE anyone? Im just kind of waiting it to happen.

[runeks]

All the while their customers losing in terms of opportunity cost rather than going with ready, more profitable solutions (that can be paid for in that term).

There really are no definite, ready, more profitable solutions as far as I can see. GPU mining (which isn't necessarily more profitable, and in any case requires a lot of redundant hardware in the form of motherboard, CPUs, RAM, etc.) would require buying 7000-series Radeons, as I would venture the guess that it's impossible to obtain the 25-30 5970s it would require to get to 20 Ghash/s. The first Bitforce Singles have taken four months to deliver, so getting 20Ghash/s worth of Singles could easily be postponed to July, or later. No one knows when the Rig Box will be shipping.

As far as I can see, it's really impossible for consumers to tell which solution will be ready first. None are ready as such. Largecoin not having a single actual chip in hand doesn't bode well for them though (their numbers are based on simulations).

[nedbert9]

All the while their customers losing in terms of opportunity cost rather than going with ready, more profitable solutions (that can be paid for in that term).

There really are no definite, ready, more profitable solutions as far as I can see. GPU mining (which isn't necessarily more profitable, and in any case requires a lot of redundant hardware in the form of motherboard, CPUs, RAM, etc.) would require buying 7000-series Radeons, as I would venture the guess that it's impossible to obtain the 25-30 5970s it would require to get to 20 Ghash/s. The first Bitforce Singles have taken four months to deliver, so getting 20Ghash/s worth of Singles could easily be postponed to July, or later. No one knows when the Rig Box will be shipping.

As far as I can see, it's really impossible for consumers to tell which solution will be ready first. None are ready as such. Largecoin not having a single actual chip in hand doesn't bode well for them though (their numbers are based on simulations).

True.  IIRC Icarus and x6500 are in between batches.  And in those cases ROI being 2-3 mo longer at current conditions, and at that point market conditions are certain to be different.

Not clear what will be.

[Inspector 2211]

After careful analysis (read: a spontaneous gut-based decision which will probably come back to haunt me), I have put my name down for one.

I was almost considering ordering two, but I don't like to put all eggs in one basket - I already have 12 BFL singles on order and don't want to cancel them, as at least the first one of them should arrive in about 2 to 3 weeks (my guess), down from "4 to 6 weeks" (BFL website).

The 12 BFL singles will dissipate about 1000 W and the C200 about 100 W, for a total of 1100 W - which should result in a more comfortable temperature in the office than now with three 4-card mining rigs running and heating up the room like a sauna.

[P_Shep]

Brave man, Inspector

[Inspector 2211]

Brave man, Inspector

Or foolish. Time will tell.

But old people mostly regret chances not taken, opportunities not pursued in their younger years. People rarely regret living an adventurous life - even if an opportunity doesn't pan out, at least it's a good story to tell...

Don't get me started telling you about the time, more than a decade ago now, when I bought a Cessna airplane without knowing how to fly it (but planning to take flight lessons in it). After finally getting my license and making the skies over California a little bit less safe than they used to be, I ran the numbers and found out that renting would be much cheaper, going forward, and I sold the airplane again. But it's a hell of story to tell and I don't regret it a bit.