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Question: would you be interested in an next generation ASIC trade up program for your ModMiner Quad?
YES
NO

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Author Topic: High Efficiency FPGA & ASIC Bitcoin Mining Devices https://BTCFPGA.com  (Read 200719 times)
cablepair
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October 02, 2012, 03:54:44 PM
 #761

FYI the order count is now at 976  Wink



Yes but please keep in mind that does not mean we have sold 976 units, as described before here:


Quote
I know the order numbers are in the 900's already but they are high for a couple of reasons.

For one thing the order numbers started back in May selling the ModMiner quad which had some reasonable success. We also have sold other products on the site from time to time.

The other major factor that makes the order numbers keep jumping is because of failed payments and abandoned orders. People will try a credit card that does not work over and over again, every day people get on the site add products to their shopping cart - register an account and then inexplicably abandon their order. Some people even do this with fake names and obviously fake information - for what purpose I have no idea.


In case anyone is interested - Just looking over the numbers - we have sold approximately 400 bASIC units since 09/03/2012

This is about twice the amount of ModMiner Quads that were shipped between May-August 2012

other interesting facts:

The very first bASIC order is #266, the next one in line after that is #269 and then #273

MRB: there are 25 orders between #273 and your #338
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October 02, 2012, 04:06:41 PM
 #762

Wait...I just checked the website and you added another ASIC option AND increased the original hash rate by 14GZ?  Did I miss this announcement somewhere?
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October 02, 2012, 04:08:52 PM
 #763

Hi Tom, do you accept Paypal by now? I tried buying but didn't find this option
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October 02, 2012, 04:21:48 PM
 #764

Wait...I just checked the website and you added another ASIC option AND increased the original hash rate by 14GZ?  Did I miss this announcement somewhere?

Well I don't know about 14 GH/s but he did DOUBLE the initial $1100 orders. You can also buy the previously advertised 27 GH/s model for about $600 now. So if you ordered in the beginning you will now be receiving a unit twice as fast as he first anticipated.

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October 02, 2012, 04:22:01 PM
 #765

Wait...I just checked the website and you added another ASIC option AND increased the original hash rate by 14GZ?  Did I miss this announcement somewhere?

Ref page 30 of this thread, near the bottom


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October 02, 2012, 04:26:12 PM
 #766



Ref page 30 of this thread, near the bottom



Can't believe I missed that....carry on
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October 02, 2012, 04:31:20 PM
 #767

Tom,

Thanks for the prompt and detailed info! Makes a lot more sense now!

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October 02, 2012, 05:38:56 PM
 #768

I thought I had explained this before, but it's OK - please let me clarify.


When I originally announced the bASIC we were just testing a preliminary prototype and I really had no idea of the response we would get to it or how nicely the product itself would develop.

I was thinking of the volume I was currently handling with the ModMiner Quad - and based those very small and I admit very ignorant numbers on that. Basically I was not planning to expand my operation but considering the volume of sales we have been able to achieve - I am in the process of expanding my operation significantly.

Batches of 30-50 every 5-10 days is about the maximum I could handle by myself and that's why I quoted that. The assembly house that actually produces the boards can handle whatever quantity I need at whatever rate I need them made at, I could literally have 1000 ModMiner Quads made by them in 24 hours (it would not be cheap) but this demonstrates their capacity.  


However everything is changed now including changing some things about the design that make it much easier and faster to get out the door than the ModMiner Quad, and I am upgrading my operation quite a bit to handle the increased demand.

What has changed?

(a) The ModMiner quad goes through a lot of steps that take time
- The PCB boards are fabricated in one place in china
- The FPGA Chips are purchased from another place
- Everything is shipped to me and then
- Everything is shipped to the assembly house
- I purchase some final parts and have them shipped here
- Everything gets nearly assembled and shipped here
- I put them together and test them, package them up myself and ship them out myself
- All while trying to handle support issues, customer service and the logistics of the whole thing

So with the bASIC I decided to streamline a lot of these things, for one I have a very good relationship with the place that assembles the ModMinerQuad and they have taken over a lot more responsibility with this project:
- Their engineers are designing the final production board
- The PCB's will be fabricated by them
- The Boards will be assembled by them to completion


Then final boards will be shipped to me


And here is where I have made another change and upgraded my operation:

I have also leased a 2500 square foot office space / store front which I am in the process of moving into and will be hiring full time employees to help when the bASIC units ship out, their duties will include  opening up boxes from the assembly house - loading firmware - testing for 24 hours - boxing them back up and shipping them out to customers.

I was going to wait and announce this later this week but now seems like a fitting time:

If anyone lives in the Central/Northern NY area (has experience enough and time to do this job efficiently/effectively) and would like to apply for a job please call me any time to arrange an appointment (seriously)

when the bASIC units come in from the assembly house you will get a lot of overtime - we will probably need about 5 people working 8-12 hours a day, 6 days a week.

Also this place will also be open to the public during daytime hours - however it wont be very exciting until that first shipment of assembled boards comes in.


with the ModMiner Quad I did everything myself - but the bASIC has an incredibly higher demand there is no possible way I could handle this kind of volume by myself - but I will be assembling an experienced and hardworking team - hopefully at least partially from this community. If you want to get paid in Bitcoins that will be a big plus! Smiley



I know the order numbers are in the 900's already but they are high for a couple of reasons.

For one thing the order numbers started back in May selling the ModMiner quad which had some reasonable success. We also have sold other products on the site from time to time.

The other major factor that makes the order numbers keep jumping is because of failed payments and abandoned orders. People will try a credit card that does not work over and over again, every day people get on the site add products to their shopping cart - register an account and then inexplicably abandon their order. Some people even do this with fake names and obviously fake information - for what purpose I have no idea.


In case anyone is interested - Just looking over the numbers - we have sold approximately 400 bASIC units since 09/03/2012

This is about twice the amount of ModMiner Quads that were shipped between May-August 2012

other interesting facts:

The very first bASIC order is #266, the next one in line after that is #269 and then #273

MRB: there are 25 orders between #273 and your #338


Hope I was able to provide enough information.

If anyone ever has any specific inquires I encourage you to call me anytime

thanks
Tom
BTCFPGA.com



this kind of transparency is amazing!  Thanks for the clarification.

"You may delay, but time will not, and lost time is never found again." -Benjamin Franklin
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October 02, 2012, 05:44:21 PM
 #769

other interesting facts:

The very first bASIC order is #266, the next one in line after that is #269 and then #273

MRB: there are 25 orders between #273 and your #338

Hope I was able to provide enough information.

If anyone ever has any specific inquires I encourage you to call me anytime

thanks
Tom
BTCFPGA.com

this kind of transparency is amazing!  Thanks for the clarification.

Yeah I love this! If BFL let us know what they had we could see how much of a difficulty change we got in store. Also, I have 2 of the first 17 bASIC orders  Grin Grin Grin

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October 02, 2012, 05:48:02 PM
 #770

I have also leased a 2500 square foot office space / store front which I am in the process of moving into and will be hiring full time employees to help when the bASIC units ship out, their duties will include  opening up boxes from the assembly house - loading firmware - testing for 24 hours - boxing them back up and shipping them out to customers.

I assume you will be using testnet-in-a-box, or something other than the main net for testing, yes?

"All safe deposit boxes in banks or financial institutions have been sealed... and may only be opened in the presence of an agent of the I.R.S." - President F.D. Roosevelt, 1933
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October 02, 2012, 05:49:24 PM
 #771

I know I am having issues ordering because of the daily limit issue, I am probably responsible for the order # changing a couple of times lol  Shocked

and I second the question about testing

"You may delay, but time will not, and lost time is never found again." -Benjamin Franklin
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October 02, 2012, 05:58:16 PM
 #772

I assume you will be using testnet-in-a-box, or something other than the main net for testing, yes?

Why test the miners on the testnet? He is not testing a new protocol feature or a new client. If he can do a little money while testing carefully my devices. I have no problem with that.

But 24h of testing is good enough.  Wink
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October 02, 2012, 07:27:25 PM
 #773

We will most likely be using test-net in a box for testing as Jeff Garzik has recommended.

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October 02, 2012, 07:33:16 PM
 #774

Did you world end or business collapse when you divulged information like this?

My order is in the 600s. Sad

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October 02, 2012, 07:36:29 PM
 #775

Hi Tom I'm sure you are likely swamped by bASIC stuff, but I was wondering if you had a chance to get my PM regarding my orders.  Thank you and I look forward to further updates and information with your product.

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October 02, 2012, 08:20:23 PM
 #776

Tom's using testnet because its FAIR, period.

I'm sick of this hand wringing about these manufacturers using YOUR product to compete against you.

It's pure BS as difficulty does not just "change back" it will hurt us miners until difficulty resets which in case you haven't been keeping up is NEVER.

There will be constant "testing" and we will all get screwed by an abnormally high hash rate thus reducing our profit substantially.

We all deserve a decent chance to profit from our investment and not compete with the damn companies that sell this stuff to us.

Bitcoin is a finite world so it DOES matter.

Even a week of unnaturally hire difficulty is HUGE with these units.

Cut the nonsense people, you're screwing yourselves.

I applaud Tom for being honest and ethical with his customers. BFL and all others should do the same, PERIOD.
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October 02, 2012, 09:24:24 PM
 #777

Tom's using testnet because its FAIR, period.

I'm sick of this hand wringing about these manufacturers using YOUR product to compete against you.

It's pure BS as difficulty does not just "change back" it will hurt us miners until difficulty resets which in case you haven't been keeping up is NEVER.

There will be constant "testing" and we will all get screwed by an abnormally high hash rate thus reducing our profit substantially.

We all deserve a decent chance to profit from our investment and not compete with the damn companies that sell this stuff to us.

Bitcoin is a finite world so it DOES matter.

Even a week of unnaturally hire difficulty is HUGE with these units.

Cut the nonsense people, you're screwing yourselves.

I applaud Tom for being honest and ethical with his customers. BFL and all others should do the same, PERIOD.

Personally, I don't mind doing a burn-in on main-net if there was some benefit to us (ie reduced cost based on the expected profit generated for test period with basically zero competition). But I know I can trust Tom to make ethical decisions regarding this unlike some other competitors.
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October 02, 2012, 09:54:43 PM
 #778

As far as testing on Main-net - I honestly appreciate everyone's opinions and generosity

However my stance on that is the same as it was on 09/19 as you can read here:

https://bitcointalk.org/index.php?topic=110290.msg1204990#msg1204990


There's just simply no need for it. It's not good for the network or my customers, and personally I think it would be really wrong to do. It would just be incredibly unethical for a mining hardware company to use hardware that is pre-ordered (paid for in full) to "test" on main-net, drive up difficulty and at the same time mine from a finite source of coins.

We had these same discussions before commercial FPGA mining devices came out, and it was not then or now hard to tell who is profiting from "testing". It's just bad news and believe me you will not see me taking part of it at all.

I have been mining on BTCguild for almost ever, my user ID is 111 all you have to do is check the hall of fame and you will see where I am at Smiley


I love Bitcoin, I have devoted the last 2 years of my life to it. This may sound corny (it already  does in my head) but I really believe in this thing and I am in it for the long haul. Essentially if it's not good for Bitcoin you will not see me doing it.



anyways I answered so many emails today and so many PM's that both my mail server and Bitcointalk are telling me I am sending too many messages, I think by tomorrow I should be fully caught up.

Looks like I need a break - going to dinner with the wife and kids if anyone really needs me your welcome to call 315-514-0269

but for the most part I am done for the day - maybe ill be around for a couple hours this evening, not sure yet.

Thank you to everyone for your support, especially those of you who have been around since the ModMiner Quad days. We could not do this without our customers - you are the absolute best and make us what we are.

bbl
Tom


 

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October 02, 2012, 10:04:37 PM
 #779

As far as testing on Main-net - I honestly appreciate everyone's opinions and generosity

However my stance on that is the same as it was on 09/19 as you can read here:

https://bitcointalk.org/index.php?topic=110290.msg1204990#msg1204990


There's just simply no need for it. It's not good for the network or my customers, and personally I think it would be really wrong to do. It would just be incredibly unethical for a mining hardware company to use hardware that is pre-ordered (paid for in full) to "test" on main-net, drive up difficulty and at the same time mine from a finite source of coins.

We had these same discussions before commercial FPGA mining devices came out, and it was not then or now hard to tell who is profiting from "testing". It's just bad news and believe me you will not see me taking part of it at all.

I have been mining on BTCguild for almost ever, my user ID is 111 all you have to do is check the hall of fame and you will see where I am at Smiley


I love Bitcoin, I have devoted the last 2 years of my life to it. This may sound corny (it already  does in my head) but I really believe in this thing and I am in it for the long haul. Essentially if it's not good for Bitcoin you will not see me doing it.



anyways I answered so many emails today and so many PM's that both my mail server and Bitcointalk are telling me I am sending too many messages, I think by tomorrow I should be fully caught up.

Looks like I need a break - going to dinner with the wife and kids if anyone really needs me your welcome to call 315-514-0269

but for the most part I am done for the day - maybe ill be around for a couple hours this evening, not sure yet.

Thank you to everyone for your support, especially those of you who have been around since the ModMiner Quad days. We could not do this without our customers - you are the absolute best and make us what we are.

bbl
Tom

+1  Shocked
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October 02, 2012, 10:15:24 PM
 #780

thanks, im still waiting for your reply before i order my 2nd unit.
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