ASICMINER: Entering the Future of ASIC Mining by Inventing It

[rudi]

Obviously the cost of the Prism is very good compared to say the 3s+ (< 1BTC/TH vs 1.29BTC/TH) so my remark of not being impressed is only aimed at the power consumption. That being said I do think there are a two other things that are a disadvantage for the prism when compared to other miners:

- the use of a separate controller and if you want to mine on certain pools you need a pi
- for a small miner only available through resellers

That may not be a big problem for the big boys where most of the revenue for asicminer is coming from but for a small miner like myself it was when I was looking to buy a miner last week. I Chose the s3+ for the above reasons over the tube besides the fact that the s3+ is more power efficient as the tube. Obviously, I would have had a harder choice this week with the price difference between the Prism and s3+ at comparable power consumption.

Just my two cents.

Very insightful "two cents", actually. Thank you.

[RoadStress]

Yes there are other companies that are currently shipping devices with efficiency equal or better than 0.75W/G.

Ok. Which companies? What are the products? How much do they cost?

I only corrected a statement. I'm not getting paid to offer you search services. Feel free to find out by yourself.

[chairforce1]

This is fun.

[Blazed]

This is fun.

lol @ that signature...I honestly want to buy one now!

[novusordo]

Yes there are other companies that are currently shipping devices with efficiency equal or better than 0.75W/G.

Ok. Which companies? What are the products? How much do they cost?

I only corrected a statement. I'm not getting paid to offer you search services. Feel free to find out by yourself.

RoadStress is right. Also, there is a teapot somewhere between Earth and Mars orbiting the sun. I offer no proof to back up either of these statements, but feel free to find out their veracity by yourself.

[Chris_Sabian]

Yes there are other companies that are currently shipping devices with efficiency equal or better than 0.75W/G.

Ok. Which companies? What are the products? How much do they cost?

I only corrected a statement. I'm not getting paid to offer you search services. Feel free to find out by yourself.

RoadStress is right. Also, there is a teapot somewhere between Earth and Mars orbiting the sun. I offer no proof to back up either of these statements, but feel free to find out their veracity by yourself.

Those who make bold claims require bold evidence.

I guess that he is just paid to be a troll.  Must be nice in a way.
  

[jimmothy]

Yes there are other companies that are currently shipping devices with efficiency equal or better than 0.75W/G.

Ok. Which companies? What are the products? How much do they cost?

I only corrected a statement. I'm not getting paid to offer you search services. Feel free to find out by yourself.

RoadStress is right. Also, there is a teapot somewhere between Earth and Mars orbiting the sun. I offer no proof to back up either of these statements, but feel free to find out their veracity by yourself.

Those who make bold claims require bold evidence.

I guess that he is just paid to be a troll.  Must be nice in a way.

He's not paid to troll, he's paid to sell used cars (overpriced hardware) and damage SPtech's reputation in the process.

Even though he's only here to further instigate his personal crusade against AM he is not wrong in this case.

Here's what's currently available or will be soon:

Shipped but no longer available for order:

- KNC Neptune = 0.55 w/gh @ $2/gh (shipped from july-august)
- SP30 = 0.67 w/gh @ ~$0.8 (shipped last day of august)

In stock:

- None below 1w/gh.

Preorders:

- Bitmain S3+ = 0.77 w/gh @ ~$0.6/gh
- AM Prisma = 0.75 w/gh @ $0.45/gh (October)
- A1 clones = 0.7 w/gh @ $0.65/gh (October)
- Avalon4 = 0.7 w/gh @ $0.55/gh (October)
- SP20 = 0.65 w/gh* @ $0.82/gh (October 31st)
- SP35 = 0.58 w/gh* @ $0.7/gh (November 31st)

* chips not tested and probably inaccurate.
** $/gh is calculated using $400/btc.

[101111]

Maybe this clause: "currently shipping" confused you?

[Blazed]

Now for the painful truth...no matter who you buy from none of it makes you a profit.  Buying any mining gear at retail prices even with free power you lose.

[gogxmagog]

Now for the painful truth...no matter who you buy from none of it makes you a profit.  Buying any mining gear at retail prices even with free power you lose.

And there's still guys panning for gold in the Yukon. Greed will never die.

[silverfuture]

Now for the painful truth...no matter who you buy from none of it makes you a profit.  Buying any mining gear at retail prices even with free power you lose.

IOW mining is done, time to unplug the equipment, put it on the shelf, and forget about it.  Come to think of it, It's always been this way except for a few suddenly brief periods of huge price rises in BTC and early on whenever a new generation of mining tech was invented for the those first in line. Yet, the network hashrate just keeps going up no matter what. What the hell are we doing?  

Bitcoiners don't seem to be interested in making money, just basking in the warm, transcendent buzz of mining gear.  It must be their cold. dark hearts that drive them to it like moths to a flame.

[rudi]

Here's what's currently available or will be soon:

Shipped but no longer available for order:

- KNC Neptune = 0.55 w/gh @ $2/gh (shipped from july-august)
- SP30 = 0.67 w/gh @ ~$0.8 (shipped last day of august)

In stock:

- None below 1w/gh.

Preorders:

- Bitmain S3+ = 0.77 w/gh @ ~$0.6/gh
- AM Prisma = 0.75 w/gh @ $0.45/gh (October)
- A1 clones = 0.7 w/gh @ $0.65/gh (October)
- Avalon4 = 0.7 w/gh @ $0.55/gh (October)
- SP20 = 0.65 w/gh* @ $0.82/gh (October 31st)
- SP35 = 0.58 w/gh* @ $0.7/gh (November 31st)

* chips not tested and probably inaccurate.
** $/gh is calculated using $400/btc.

Thank you jimmothy, much appreciated.

[trek27]

Several very pertinent posts - just above.

Every period has its own opportunities even for the 'small guy'. The trick is to spot them. For example:

1) an operation like AM could succeed with it's plans and right now one share costs just ~0.15. Yes, predicting it is speculative and shares could go to zero. But believing that large gains can be achieved without appropriate risk is infantile,
 
2) large mining operations are killing my miner's profitability? - what about taking advantage of depressed prices and accumulate btc? Each month, for a fracture of my income. In fact, current low prices are to large extent the merit of those mining behemoths. In a few years I could look very, very smart with this simple approach. If/when the price spikes I could even buy a miner - of course only if appropriate opportunity arises

3) why not to try some arbitrage even if just for fun - serious attempt requires time and dedication.

Eagerly looking for good news from AM  

[Fortega]

Next up for translation is the PRISMA article at http://www.iasicminer.com/index.php/action-viewnews-itemid-58 | 基于全新方案ASICMiner Prisma矿机来袭

I don't speak chinese, but if I look at the numbers in the article: I guess this post by friedcat looks like a pretty decent translation of the prisma article

[arnuschky]

Here's what's currently available or will be soon:

Shipped but no longer available for order:

- KNC Neptune = 0.55 w/gh @ $2/gh (shipped from july-august)
- SP30 = 0.67 w/gh @ ~$0.8 (shipped last day of august)

In stock:

- None below 1w/gh.

Preorders:

- Bitmain S3+ = 0.77 w/gh @ ~$0.6/gh
- AM Prisma = 0.75 w/gh @ $0.45/gh (October)
- A1 clones = 0.7 w/gh @ $0.65/gh (October)
- Avalon4 = 0.7 w/gh @ $0.55/gh (October)
- SP20 = 0.65 w/gh* @ $0.82/gh (October 31st)
- SP35 = 0.58 w/gh* @ $0.7/gh (November 31st)

* chips not tested and probably inaccurate.
** $/gh is calculated using $400/btc.

Great summary, thanks. Didn't know that avalon is still afloat. What happened to that AntMiner outfit, or is this one of the lines above?

[drasted]

Great summary, thanks. Didn't know that avalon is still afloat. What happened to that AntMiner outfit, or is this one of the lines above?

They're the bitmain units

https://bitmaintech.com/product.htm

[silverfuture]

Several very pertinent posts - just above.

Every period has its own opportunities even for the 'small guy'. The trick is to spot them. For example:

1) an operation like AM could succeed with it's plans and right now one share costs just ~0.15. Yes, predicting it is speculative and shares could go to zero. But believing that large gains can be achieved without appropriate risk is infantile,
 
2) large mining operations are killing my miner's profitability? - what about taking advantage of depressed prices and accumulate btc? Each month, for a fracture of my income. In fact, current low prices are to large extent the merit of those mining behemoths. In a few years I could look very, very smart with this simple approach. If/when the price spikes I could even buy a miner - of course only if appropriate opportunity arises

3) why not to try some arbitrage even if just for fun - serious attempt requires time and dedication.

Eagerly looking for good news from AM  

Well said. The correct timing for purchases of either bitcoins or mining gear can make all the difference. AM has shown they navigate the waters very well in terms of responding to timing, pricing and approach despite extreme challenges in predicting what will happen next. It's been fun if nothing else

[am-informer]

Thanks @jimmothy for the summary!

[am-informer]

Next up for translation is the PRISMA article at http://www.iasicminer.com/index.php/action-viewnews-itemid-58 | 基于全新方案ASICMiner Prisma矿机来袭

I don't speak chinese, but if I look at the numbers in the article: I guess this post by friedcat looks like a pretty decent translation of the prisma article

Will check it out and most probably you are right.

EDIT: Looks like they are identical in bullet points structure, which PLUS just simple logic strongly hints that its the same announcement. Posted in the translation thread.

[am-informer]

NEWS from yesterday, you probably heard?

Press forum here:
[2014-09-23] C/Net: Bitcoin-mining company Butterfly Labs shut down by FTC : https://bitcointalk.org/index.php?topic=794801.0

Article @CNET : http://www.cnet.com/news/bitcoin-mining-company-butterfly-labs-shut-down-by-ftc/