Questions about BFL - BitForce Jalapeno

[unclemantis]

For $150 it seems like a nice novelty item to have. May not get any rewards with it but it is a nice conversation piece to have.

Is this self sustaining or does it rely on my PC?

http://news.yahoo.com/butterfly-labs-announces-next-generation-asic-lineup-054626776.html

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[silverbox]

It probably contains 1.2g of unobtainium and will run until the 2nd coming autonomously!

[unclemantis]

It probably contains 1.2g of unobtainium and will run until the 2nd coming autonomously!

I guess what I am asking is does it include wifi or a ethernet port or does everything happen through the USB? Does it need a controller application on the PC that it is connected to?

Again... would like to purchase for novelty reasons. If I was serious about mining I would be taking out a rather large loan LOL

[ssateneth]

It probably contains 1.2g of unobtainium and will run until the 2nd coming autonomously!

I guess what I am asking is does it include wifi or a ethernet port or does everything happen through the USB? Does it need a controller application on the PC that it is connected to?

Again... would like to purchase for novelty reasons. If I was serious about mining I would be taking out a rather large loan LOL

Extremely likely to run off of USB and require the usage of an included AC to DC power adapter. Will also likely make a large chunk of money the first month or so (3.5 ghash right now is about $500/month if you sell the coins you mine).

[DeathAndTaxes]

Maybe will make a lot of money the first DAY or so.  Retargets intervals are every 2016 blocks not every 2 weeks.  So if hash rate rises 10x the week all this gear ships the network will retarget in 0.5 to 1.4 days.  So say 1 day @ $15 per day.  Max retarget is 400% so then it is maybe another 5 days @ $4 per day.  Then after second ratarget difficulty is now 10x as high so revenue is down to $1.50 a day..  So you might get $15+5x$4+24*$1.50 = $71 the first month and then $50 a month after that.  If more than 100TH/s are added you would get even less.

That assumes you get a unit delivered on day 1.  If you get a unit delivered on say day 6 you miss both retargets and start at $1.5 per day.

Note the numbers aren't intended to be exact obviously the exact difficulty, the amount of increased hashpower and BTC/USD rate are all unknown.  It is more intended to show that if network hashing power rises significantly the retargets will be very quick. 

[unclemantis]

Maybe will make a lot of money the first DAY or so.  Retargets intervals are every 2016 blocks not every 2 weeks.  So if hash rate rises 10x the week all this gear ships the network will retarget in 0.5 to 1.4 days.  So say 1 day @ $15 per day.  Max retarget is 400% so then it is maybe another 5 days @ $4 per day.  Then after second ratarget difficulty is now 10x as high so revenue is down to $1.50 a day..  So you might get $15+5x$4+24*$1.50 = $71 the first month and then $50 a month after that.  If more than 100TH/s are added you would get even less.

That assumes you get a unit delivered on day 1.  If you get a unit delivered on say day 6 you miss both retargets and start at $1.5 per day.

Note the numbers aren't intended to be exact obviously the exact difficulty, the amount of increased hashpower and BTC/USD rate are all unknown.  It is more intended to show that if network hashing power rises significantly the retargets will be very quick. 

So is the value of BTC going to skyrocket or what?

[unclemantis]

Does this contain it's own network card or is everything going through the USB?

[rjk]

So is the value of BTC going to skyrocket or what?

The difficulty will, but the value is in no way "pegged" to the difficulty. Although they have tended so far to follow each other somewhat, that doesn't guarantee anything.

Does this contain it's own network card or is everything going through the USB?

Nobody knows except BFL... Although what's the point of having a network card when you have USB?

[mc_lovin]

It will make a great conversation piece.

[unclemantis]

Yes it will make a great conversation piece and a coffee warmer. Question again is does this box require the assistance of a PC to operate?

[P_Shep]

Yes it will make a great conversation piece and a coffee warmer. Question again is does this box require the assistance of a PC to operate?

Yes.

[ChanceCoats123]

Since no one has one, nobody can say for sure. But odds are a million to one that it works in the exact same way the current hardware from BFL works. You plug it in, turn it on, and it connects to the mining program which then uploads your shares to the pool (or solo mines) of your choice.

[unclemantis]

Since no one has one, nobody can say for sure. But odds are a million to one that it works in the exact same way the current hardware from BFL works. You plug it in, turn it on, and it connects to the mining program which then uploads your shares to the pool (or solo mines) of your choice.

Well that sucks. For $150 you think it would be self reliant. Have it's own network card and stuff.

Would the Jalapeno work with the Rasberrry PI?

[DeathAndTaxes]

Well that sucks. For $150 you think it would be self reliant. Have it's own network card and stuff.

Why would you think that?
BFL Singles cost $599 and require a PC.  
Other FPGA cost $300 to $700 and require a PC.
GPUs cost $200 to $800 and require a PC.

Why would the cheapest hashing device ever not require a PC.  

Would the Jalapeno work with the Rasberrry PI?

Nobody knows.  Technically if someone got an OS, mining software, and drivers for Jalapeno working on Pi then it could work otherwise it won't.  As of today you can't use BFL Singles on Pi so it seems very unlikely that will be available on day 1.

[unclemantis]

Well that sucks. For $150 you think it would be self reliant. Have it's own network card and stuff.

Why would you think that?
BFL Singles cost $599 and require a PC.  
Other FPGA cost $300 to $700 and require a PC.
GPUs cost $200 to $800 and require a PC.

Why would the cheapest hashing device ever not require a PC.  

Would the Jalapeno work with the Rasberrry PI?

Nobody knows.  Technically if someone got an OS, mining software, and drivers for Jalapeno working on Pi then it could work otherwise it won't.  As of today you can't use BFL Singles on Pi so it seems very unlikely that will be available on day 1.

You can tell I am not a miner and that I have absolutely no idea about any of this new ASIC stuff LOL

[rjk]

You can tell I am not a miner and that I have absolutely no idea about any of this new ASIC stuff LOL

However, it does point up a notion that many people have about custom hardware that has not yet been addressed; namely that many people would appreciate standalone functionality. Ideally this would be just an ethernet port and a mini-webserver. It has traditionally never been included due to cost, but I wonder if more people would use such a thing if it were available.

[Cranky4u]

You can tell I am not a miner and that I have absolutely no idea about any of this new ASIC stuff LOL

However, it does point up a notion that many people have about custom hardware that has not yet been addressed; namely that many people would appreciate standalone functionality. Ideally this would be just an ethernet port and a mini-webserver. It has traditionally never been included due to cost, but I wonder if more people would use such a thing if it were available.

If mining, or even VTC wallets, are to ever be for the masses then the answer is yes. Either standalone suite that is scalable or a truely plug and play solution.

[Dargo]

Well that sucks. For $150 you think it would be self reliant. Have it's own network card and stuff.
 

Really? Why would you think that? A 7970 costs about 3x as much and has less than 1/5 the hashing power. Do you also expect it to be self reliant merely based on its price? And have its own network card?

Edit: DeathAndTaxes already made essentially the same point - didn't realize this.

[50BTC.com]

Since no one has one, nobody can say for sure. But odds are a million to one that it works in the exact same way the current hardware from BFL works. You plug it in, turn it on, and it connects to the mining program which then uploads your shares to the pool (or solo mines) of your choice.

Well that sucks. For $150 you think it would be self reliant. Have it's own network card and stuff.

Would the Jalapeno work with the Rasberrry PI?

Maybe it will work this way https://bitcointalk.org/index.php?topic=76685.0
I think it's not bad variant.

[Zara]

If the Jalapeno is going to be a coffee warmer, too, i think it should come in some cool colors like the little iPods have. Then i could give them as Christmas gifts and get more people interested in BitCoins.

[unclemantis]

If the Jalapeno is going to be a coffee warmer, too, i think it should come in some cool colors like the little iPods have. Then i could give them as Christmas gifts and get more people interested in BitCoins.

I was hoping that if I happened to fall on a large sum of cash I could buy a shit ton of these devices and hide them in various public places that had free wifi.

[glitch003]

If the Jalapeno is going to be a coffee warmer, too, i think it should come in some cool colors like the little iPods have. Then i could give them as Christmas gifts and get more people interested in BitCoins.

I was hoping that if I happened to fall on a large sum of cash I could buy a shit ton of these devices and hide them in various public places that had free wifi.

Why? They barely consume any power and the risk of losing them somehow is very great. Its a pretty stupid idea.

[nitrox]

did someone try BitForce Jalapeno already?

[jjiimm_64]

did someone try BitForce Jalapeno already?

This would imply that they are delivering them!!!!

[Photon939]

did someone try BitForce Jalapeno already?

You'll need to wait at least a month, release date is specced for end of October or early November

[os2sam]

It probably contains 1.2g of unobtainium

If that were possible it would have to renamed to obtainium, and we all know that is worthless.

Still think that was a stupid cliche of a movie.

[paperkat]

I´m just getting into the mining game, just preordered the jalapeno:)

Can anyone make a educated guess if the 4.5GH/s machine is gonna be enough for solomining, atleast for the first weeks/months it comes out?
Not expecting any big returns, just hope i can break even in a couple of months or so:P

Woundering if its gonna be "stackable" aswell?

[os2sam]

I´m just getting into the mining game, just preordered the jalapeno:)

Can anyone make a educated guess if the 4.5GH/s machine is gonna be enough for solomining, atleast for the first weeks/months it comes out?
Not expecting any big returns, just hope i can break even in a couple of months or so:P

Woundering if its gonna be "stackable" aswell?

Well, since it is a low power draw type of device, relatively speaking, you can afford to have it mine for years at a time without thinking about.  So one may as well solo mine.
Sam

[paperkat]

I´m just getting into the mining game, just preordered the jalapeno:)

Can anyone make a educated guess if the 4.5GH/s machine is gonna be enough for solomining, atleast for the first weeks/months it comes out?
Not expecting any big returns, just hope i can break even in a couple of months or so:P

Woundering if its gonna be "stackable" aswell?

Well, since it is a low power draw type of device, relatively speaking, you can afford to have it mine for years at a time without thinking about.  So one may as well solo mine.
Sam

Well i am planning to have it run 24/7, and i dont have to pay for electricity atm(student apartment), so the electricity bill wont be a issue for now atleast.
Dunno if i should mine solo when i get the machine, or in a pool, i guess there is no way to answer that question atm tho..

[jjiimm_64]

I´m just getting into the mining game, just preordered the jalapeno:)

Can anyone make a educated guess if the 4.5GH/s machine is gonna be enough for solomining, atleast for the first weeks/months it comes out?
Not expecting any big returns, just hope i can break even in a couple of months or so:P

Woundering if its gonna be "stackable" aswell?

Well, since it is a low power draw type of device, relatively speaking, you can afford to have it mine for years at a time without thinking about.  So one may as well solo mine.
Sam

Well i am planning to have it run 24/7, and i dont have to pay for electricity atm(student apartment), so the electricity bill wont be a issue for now atleast.
Dunno if i should mine solo when i get the machine, or in a pool, i guess there is no way to answer that question atm tho..

there is a way, but you have to use some conjuncture about starting diffs and %increase.

In my calcs i have been using 3.5M as a diff if they come out in november.

at 3.5M diff it will take a 4.5G rig to find a block on avg 39 days.

within in about a month or so, the diff will most likely be about 40M. at 40M it will take a 4.5G rig  440 days on avg to find a block......

edit:  but after another few weeks.. what do you think the diff will be then?  50M. 70, 90 ?

I think you should consider mining in a pool

[Jack1Rip1BurnIt]

I think you should consider mining in a pool

This

[Photon939]

I wouldn't recommend solo mining unless your hashrate gives you the probability of finding a block within 2 weeks (approximate time for difficulty retarget)

[paperkat]

Alrighty, pool mining it is!

Btw, thought of something else,i´m assuming the jalapeno is gonna be a USB connected device to my PC, since i have 2.0 USB interface on my laptop, is there gonna be any bandwidth limitations? with other words will i be able to use all the full 4.5GH/s power of the device?

And, how hard is it gonna be to configure it, if you look at previous devices? Does it have its own OS, or is just considered a external device u can select in the mining tool you use?

[os2sam]

Alrighty, pool mining it is!

Btw, thought of something else,i´m assuming the jalapeno is gonna be a USB connected device to my PC, since i have 2.0 USB interface on my laptop, is there gonna be any bandwidth limitations? with other words will i be able to use all the full 4.5GH/s power of the device?

And, how hard is it gonna be to configure it, if you look at previous devices? Does it have its own OS, or is just considered a external device u can select in the mining tool you use?

Be sure to let us know when you find out.

[Photon939]

USB 2.0 will have plenty of bandwidth, even the currently available FPGA based mini-rigs get you about 25 Ghash and they have no issues running on USB 2.0 AFAIK.

The new products will likely use the same or a very similar software suite to the FPGA units. They appear as a device in hardware manager and communicate through BFL's proprietary mining software or some of the freely available mining software that is modified to work with FPGA units (Im sure these will be updated for ASIC shortly after the devs get their hands on a unit)

[Maniac479]

Who's going to be the first person to get one of these?

[Unacceptable]

Who's going to be the first person to get one of these?

Those with an order number in the first 150 of 12000 

[NEO2012]

For $150 it seems like a nice novelty item to have. May not get any rewards with it but it is a nice conversation piece to have.

Is this self sustaining or does it rely on my PC?

http://news.yahoo.com/butterfly-labs-announces-next-generation-asic-lineup-054626776.html

I HOPE U DID GET A REFUND BY NOW

IF U EVER WANT TO SEE UR MONEY BACK:)

JSUT SAYIN