ASICMINER: Entering the Future of ASIC Mining by Inventing It

[DutchBrat]

the price of asic's is going up!

https://products.butterflylabs.com/

How lame is that ! NO Product, yet a price hike.....

Hold on, not only is the price up, but the performance is lower !

Jalapeno: 5 GH
Little Single: 25 GH
Single: 50 GH

hmmmmmm

[1714055527]

1714055527

[1714055527]

1714055527

[mattjenkins]

Maybe they're about to announce a large run of deliveries, and they're preparing for the consequential deluge of new orders.

 

[imsaguy]

Maybe they're about to announce a large run of deliveries, and they're preparing for the consequential deluge of new orders.

 

Then why did they add the clause saying initial shipping is last half of April?

[creativex]

Maybe they're about to announce a large run of deliveries, and they're preparing for the consequential deluge of new orders.

 

More likely they're aware of ASICMiner's pending entry into the market and they're trying to stave off insolvency.

[DutchBrat]

Maybe they're about to announce a large run of deliveries, and they're preparing for the consequential deluge of new orders.

 

Then why did they add the clause saying initial shipping is last half of April?

'scheduled' for last half of April

[hammurabi]

I think they [BTF labs] changed specs to harvest more profit.

Number of pre-orders was overwhelming so they decided to :
- put out of stock mini rig (single asic chip costs the least in this option)
- increase prices of any other device
- reduce number of chips per device to produce more devices per batch

That's what I am thinking about it.

[SebastianJu]

But it seems like it could be a lot of hassle for management to go through the process of selling/shipping all that hardware, setting up a website to collect payment etc.

I think it needs work to create a standalone miner, thats true, but i dont see that it needs a website, payment system and so on. As far as i read the auctions will be a limited thing. And for a couple of sold machines you dont need a whole website. You only need a thread in auction, here in the forum, and everything is fine. Make some clause that the buyer has to pay in bitcoins in 3 days from ending of the auction (timezone important) and if he doesn pay the next lower bidder is the winner automatically.
Payment can be done directly without an escrow because asicminer is well known like mtgox or similar websites and can be trusted highly.
So i dont see much work needed beside the creation of the standalone miner for normal users.
Man, i would like to own such machine... can someone trustworthy create a groupbuy? (DeadTerra?, Burnside?, John?)

the price of asic's is going up!

https://products.butterflylabs.com/

And 1.5TH is out of stock... no wonder... they cant manage the need of power. I really wonder in how many months they will deliver.

[novusordo]

Update
The products are going to most likely be shipped from Hongkong. And what we accept is ordering instead of pre-ordering, which means that when we decide to sell, we ship it. Hopefully this makes our products be valued higher by the market.

Glad you've decided not to do any of that stupid pre-order BS. Thanks for the update, friedcat.

[HorseRider]

shipping at once is very good for the mental health of bitcoin miners.

[perseus]

When is the 50 TH supposed to ramp up?

Mid-April.

I guess I was hoping to get a date from friedcat himself..

[creativex]

When is the 50 TH supposed to ramp up?

Mid-April.

I guess I was hoping to get a date from friedcat himself..

Then go back a few pages. Mid-April is what friedcat said in one of his updates.

[SebastianJu]

When is the 50 TH supposed to ramp up?

Mid-April.

I guess I was hoping to get a date from friedcat himself..

Thats what he wrote already in the thread. He said the batch will come early april and will go online till end of april. Problem with it is that there are problems at the moment with deploying because of power and network. Thats because the auction topic came up. Its ok. I believe we will get around 10 months or so of the income the miner would create if asicminer would mine with it themselfes. At least i hope so. If it works out we wont miss much when we sell instead mine ourself with it.

[bitfair]

The products are going to most likely be shipped from Hongkong. And what we accept is ordering instead of pre-ordering, which means that when we decide to sell, we ship it. Hopefully this makes our products be valued higher by the market.

I've heard great things about shipping out of Hong Kong: I've heard several people say that things ordered from Hong Kong have arrived at their destination in Europe quicker than ordering from a neighboring European country.

With BFL and Avalon increasing their prices, this could be a great success. Does anyone know, top of their head, the power consumption figures of BFL, Avalon and ASICMINER?

[creativex]

The products are going to most likely be shipped from Hongkong. And what we accept is ordering instead of pre-ordering, which means that when we decide to sell, we ship it. Hopefully this makes our products be valued higher by the market.

I've heard great things about shipping out of Hong Kong: I've heard several people say that things ordered from Hong Kong have arrived at their destination in Europe quicker than ordering from a neighboring European country.

With BFL and Avalon increasing their prices, this could be a great success. Does anyone know, top of their head, the power consumption figures of BFL, Avalon and ASICMINER?

BFL current estimates are 7.5w/Gh & Avalon 9.1w/Gh. ASICMiner chips are 130nm and Avalon's are 110nm, but I seem to recall calculating ASICMiner efficiency to be slightly better than Avalon's.

[MrTeal]

The products are going to most likely be shipped from Hongkong. And what we accept is ordering instead of pre-ordering, which means that when we decide to sell, we ship it. Hopefully this makes our products be valued higher by the market.

I've heard great things about shipping out of Hong Kong: I've heard several people say that things ordered from Hong Kong have arrived at their destination in Europe quicker than ordering from a neighboring European country.

With BFL and Avalon increasing their prices, this could be a great success. Does anyone know, top of their head, the power consumption figures of BFL, Avalon and ASICMINER?

BFL current estimates are 7.5w/Gh & Avalon 9.1w/Gh. ASICMiner chips are 130nm and Avalon's are 110nm, but I seem to recall calculating ASICMiner efficiency to be slightly better than Avalon's.

Friedcat has said their chips run at 6-8J/GH depending on voltage and temperature, while ngzhang posted that Avalon's chips consume 6.6J/GH.

[creativex]

Right. Great info, but I'm more concerned with what's showing up on my electric bill. The Avalon guys are reporting 620ish watts @ 68Gh/s on 120v and I think Ngzhang has a post around here somewhere about savings with 220v circuitry. Sounds like a shipped ASICMiner concoction will be similar.

[Rodyland]

can someone trustworthy create a groupbuy? (DeadTerra?, Burnside?, John?)

I would be interested in such buy as well.

Depending on pricing, I would definitely be interested in a group buy.

[yxt]

Only one unit per customer would be a nice gesture.
Prevent the formation of monopolies .....

[Franktank]

Only one unit per customer would be a nice gesture.
Prevent the formation of monopolies .....

But this is a "free market!" *screeches and throws brick out of glass window*

Or wrong thread...?

[Jutarul]

Only one unit per customer would be a nice gesture.
Prevent the formation of monopolies .....

But this is a "free market!" *screeches and throws brick out of glass window*

Or wrong thread...?

The only reason to limit the quantity of units per customer is to prevent the formation of arbitrage markets, which can form in very illiquid markets (people buying at a fixed price and selling it for more). Given that ASIC mining units are short in supply such a policy would make sense.

However, that said, since the units are auctioned off, the prices will reflect the real demand. So no policing required.