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Author Topic: Mining with 1 TH/s rigs  (Read 6459 times)
BTCMover
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August 06, 2012, 02:07:23 PM
#21

Interesting information.

Thanks Wink
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AndrewBUD
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August 06, 2012, 02:52:48 PM
#22

6-9 months before they start shipping.. That seems a bit more realistic...

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August 08, 2012, 06:26:11 PM
#23

For whatever my prescience is worth, I don't see 1TH becoming the new 1GH until at least early-mid 2014.

1TH today is too cost-prohibitive for many.
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August 08, 2012, 09:57:42 PM
#24

Yep, I think that the 40GH/S will be the new 1 Gh/s Since 1300.00 is close to what it costs to purchase a 1 GH/S today and in october a BFL sc single. The ones that will make out well (If they exist and ship on time) are the early receivers, obv. But, eventually, what you can make today with 1 GH/s will be the  same with a 40 GH/S in the near future.. Dollar for dollar, I think that they will be very close as it is today...

Just thinking out loud...

Actually, $750 worth of GPU will get you 1GH (One 7970 can do 600Mh and they retail for about ~$450.) which works out to 1.3MHs/$
$600 worth of Butterfly labs will get you ~830MHs (BFL Single) which works out to 1.38MHs/$
$15295 worth of Butterfly labs will get you ~25GHs (BFL Mini Rig) which works out to 1.63MHs/$

The BFL Jalapeno claims 3500MH/s for $149 which works out to 23.5Mhs/$. Four times the performance for one quarter of the price.
If the BFL Single has its FPGA core(s) running at 200Mhz, they only need to boost that to 800Mhz (or use 4 ASICs in parallel) which is feasible.
There are companies which specialize in converting FPGA designs to ASICs and then sharing space on wafers with other customers in order to produce small batch sizes economically. It seems feasible that the COGs on the Jalapeno ASIC(s) could be lower than $149.

All that being said, I think 16GH/s will be the new 1GH/s.  Tongue

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August 09, 2012, 08:27:34 AM
#25

Yep, I think that the 40GH/S will be the new 1 Gh/s Since 1300.00 is close to what it costs to purchase a 1 GH/S today and in october a BFL sc single. The ones that will make out well (If they exist and ship on time) are the early receivers, obv. But, eventually, what you can make today with 1 GH/s will be the  same with a 40 GH/S in the near future.. Dollar for dollar, I think that they will be very close as it is today...

Just thinking out loud...

Actually, $750 worth of GPU will get you 1GH (One 7970 can do 600Mh and they retail for about ~$450.) which works out to 1.3MHs/$
$600 worth of Butterfly labs will get you ~830MHs (BFL Single) which works out to 1.38MHs/$
$15295 worth of Butterfly labs will get you ~25GHs (BFL Mini Rig) which works out to 1.63MHs/$

The BFL Jalapeno claims 3500MH/s for $149 which works out to 23.5Mhs/$. Four times the performance for one quarter of the price.
If the BFL Single has its FPGA core(s) running at 200Mhz, they only need to boost that to 800Mhz (or use 4 ASICs in parallel) which is feasible.
There are companies which specialize in converting FPGA designs to ASICs and then sharing space on wafers with other customers in order to produce small batch sizes economically. It seems feasible that the COGs on the Jalapeno ASIC(s) could be lower than $149.

All that being said, I think 16GH/s will be the new 1GH/s.  Tongue


whats up with your avatar, premine all the coins?

really the argument here is how much the network hashrate will increase, someone who said 1TH/s the new 1GH/s means they think it will be 1,000x hashrate. you think just 16x which is more realistic

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c0in$
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August 13, 2012, 05:12:09 PM
#26


Long term strategy- will let you keep mining profitably for over a year after revenue drops below $2.50/ GH day.  Even if ASICs don't cause it to drop below that point (which it sounds like it will), the block reward halving certainly will.  Building up insurance now for 95% pps is a pretty sweet deal if you ask me.


https://bitcointalk.org/index.php?topic=99643.0
k9quaint
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August 13, 2012, 09:10:47 PM
#27


whats up with your avatar, premine all the coins?


There was a fad in the alternate currency world to pre-mine some coins in the genesis block, release the block chain, promote the currency, and hope to profit from the pre-mine. My avatar is just hyperbole for this subject. Wink

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August 14, 2012, 12:53:47 AM
#28


whats up with your avatar, premine all the coins?


There was a fad in the alternate currency world to pre-mine some coins in the genesis block, release the block chain, promote the currency, and hope to profit from the pre-mine. My avatar is just hyperbole for this subject. Wink

i think half the coins would be more realistic Tongue

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