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Topic: 105 Gh/s ASIC miner: Redhash by TAV. (Limited availability on eBay). - page 11. (Read 41984 times)

legendary
Activity: 1974
Merit: 1076
^ Will code for Bitcoins
great work guys, this is what the mining community needs.

Wow - even landed kudos from the man himself...

"the man"  Roll Eyes

They (Redhash team) sure would like to say a few words to "the man", which are not fit for public communication.
hero member
Activity: 574
Merit: 501
great work guys, this is what the mining community needs.

Wow - even landed kudos from the man himself...

Why is this such a shocker, this what we wanted in the first place, and been our message since day one.
to be fair though, except reality of making few thousand units is a lot harder than making 30, I hope you guys can scale properly.

You did a good thing here with the congrats YiFu.  Let's hope people recognize this for what it is, and let water flow under the bridge. Looking forward to (possibly) gen-2 chips in another three weeks or so.   Hopefully you will put these guys on the list for early samples...
legendary
Activity: 1036
Merit: 1000
/dev/null
I hope you guys can scale properly.

hey stupid, please don't give any advice about scaling to anybody else in this world. thanks.
sr. member
Activity: 336
Merit: 251
Avalon ASIC Team
great work guys, this is what the mining community needs.

Wow - even landed kudos from the man himself...

Why is this such a shocker, this what we wanted in the first place, and been our message since day one.
to be fair though, except reality of making few thousand units is a lot harder than making 30, I hope you guys can scale properly.
hero member
Activity: 574
Merit: 501
great work guys, this is what the mining community needs.

Wow - even landed kudos from "the man" himself...
sr. member
Activity: 336
Merit: 251
Avalon ASIC Team
great work guys, this is what the mining community needs.
hero member
Activity: 630
Merit: 500
I bid on one really just to show support for your honest, no-preorder business model. 

hero member
Activity: 574
Merit: 501
Just imagine how different the manufacturing landscape might be today if the Avalon chips hadn't disappeared for 6 weeks.

You guys are doing the right thing, even if you do end up taking a hit on the chin pricewise.  You've bought yourselves something very sorely lacking in the Bitcoin ASIC world - credibility.  The first new ASIC manufacturer with a major product to NOT take pre-orders and actually ship something from stock.   You out-engineered Avalon with their own chips....

(I'm not counting Friedcat's block erupters as a major product here.)
hero member
Activity: 574
Merit: 501
Quote from: EdManet link=topic=303376.msg3251133#msg3251133

I'll admit that nobody can predict the future, but you're asking us to risk 15BTC in order to earn 3BTC.

Well, that's +20% on your investment, pretty good by regular standards, and in this pessimistic scenario of 100% month over month (= 30% diff increase per 2016 blocks) our profitability still beats ALL asic vendors except HashFast:

http://decentralizedhashing.com/bitcoin-mining-equipment-table/

The question is: do you take the risk of an unproven HashFast preorder, or do you prefer an in-stock, already tested Redhash miner? :-)

I'll certainly bid on one, just to support you guys.  Hope to pick up some of your next gen gear in the near future, too...
mrb
legendary
Activity: 1512
Merit: 1027
Do you offer local pickup in Lake Forest?? If so, do you offer a discount for local pickup?

+1. Did this get answered?

And congrats on everything  Cheesy

Good question,  we have not decided yet. I will answer a bit later.
mrb
legendary
Activity: 1512
Merit: 1027
Quote from: EdManet link=topic=303376.msg3251133#msg3251133

I'll admit that nobody can predict the future, but you're asking us to risk 15BTC in order to earn 3BTC.

Well, that's +20% on your investment, pretty good by regular standards, and in this pessimistic scenario of 100% month over month (= 30% diff increase per 2016 blocks) our profitability still beats ALL asic vendors except HashFast:

http://decentralizedhashing.com/bitcoin-mining-equipment-table/

The question is: do you take the risk of an unproven HashFast preorder, or do you prefer an in-stock, already tested Redhash miner? :-)
mrb
legendary
Activity: 1512
Merit: 1027
I mean to Wesly, not realestone.
mrb
legendary
Activity: 1512
Merit: 1027
I assume the miner comes with the Corsair Power Supply since you are showing the miner with PSU installed?
What is the % of HW error rate at 328MHz?
How overclockable is your miner?  Is 328MHz the maximum stable speed?  (Original Avalon miners are stable up to 350-360MHz)
Are you using TP-LINK TL-WR703N to provide wired and wireless network interface?
Is your miner using running Avalon cgminer software?  If so, which version?

what he said

(Replying in correct thread).
(I replied to realestone privately, but I figured I can do it here too).

- Yes, we include a Corsair TX850M PSU with each Redhash.
- % HW error rate: most machines are between 0.5 and 2.5%. A few are above that and we are in the process of identifying the few bad hash units.
- We chose 328 MHz merely because it leads to a nice round 105 Ghash/sec number, while leaving some margin. Our redhash units should in theory be just as overclockable as the original Avalon (I personally tried 350 MHz on a few machines), but obviously TAV cannot make this guarantee. Besides, our 850W PSU was measured to be at 97-98% load when running at 350MHz. Higher o/c would definitely require a change of PSU.
- Yes we are using WR703Ns, however we do not have an wifi antenna connector.
- The WR703N runs the exact same firmware image as original Avalons.
newbie
Activity: 28
Merit: 0
But... at 15BTC there is no ROI.  The break even point is about half that price.
http://mining.thegenesisblock.com/a/31d85cc849

Actually this estimate is incorrect. If you look carefully, the first mining month is estimated as having a diff of 293 million(!) Our units will start shipping on October 2nd, when we will still obviously be at the current difficulty 149 million.

This is a big flaw of the mining.thegenesisblock.com calculator... The granularity of 1-month in its table of numbers is too coarse to accurately predict the revenue of a miner shipping in the next few days because there is a big difference between a miner shipping on October 1st vs October 30th, but in both cases mining.thegenesisblock.com will show the same revenue!

So to work around this flaw, you have to fudge with the "current difficulty" so that the October 2013 starting mining difficulty starts at 149 million, in which case you see that at 15 BTC our miners are clearly profitable even assuming a 100% month-over-month difficulty increase: http://mining.thegenesisblock.com/a/db4d60faba

I'll admit that nobody can predict the future, but you're asking us to risk 15BTC in order to earn 3BTC.

The Genesis Block Calculator might not be perfect, but I think it has become the de facto standard for ASIC earning potential.

That being said, your product is very impressive and I'm looking forward to the next batch.
mrb
legendary
Activity: 1512
Merit: 1027
just in case - http://mining.thegenesisblock.com/a/b7b7cc5339
welcome to earth!
No break-even in first year!
 Grin

PS Who the hell switch to september? today is 27/09/2013 not 01/09/2013 or 30/08/2013  Wink

Again, this TGB analysis is wrong: it shows a starting difficulty of 298M, but TAV will start shipping on October 2, when the difficulty will be the same as today (149M).

See also: https://bitcointalksearch.org/topic/m.3249572
hero member
Activity: 574
Merit: 501
just in case - http://mining.thegenesisblock.com/a/b7b7cc5339
welcome to earth!
No break-even in first year!
 Grin

PS Who the hell switch to september? today is 27/09/2013 not 01/09/2013 or 30/08/2013  Wink

I paid $4500 for a metal detector 4 years ago... fucking thing still hasn't given me ROI!

Humph.  I only paid 1/2 as much for mine, but, it hasn't either.
hero member
Activity: 728
Merit: 503
dApps Development Automation Platform
just in case - http://mining.thegenesisblock.com/a/b7b7cc5339
welcome to earth!
No break-even in first year!
 Grin

PS Who the hell switch to september? today is 27/09/2013 not 01/09/2013 or 30/08/2013  Wink

I paid $4500 for a metal detector 4 years ago... fucking thing still hasn't given me ROI!
member
Activity: 82
Merit: 10
Congrats to mrb and his team!  This one is a big step for the mining community and I hope other vendors follow suit.

P.S. For what it's worth, I've met mrb in person and vouch for his statements.  
legendary
Activity: 2026
Merit: 1005
just in case - http://mining.thegenesisblock.com/a/b7b7cc5339
welcome to earth!
No break-even in first year!
 Grin

PS Who the hell switch to september? today is 27/09/2013 not 01/09/2013 or 30/08/2013  Wink
sr. member
Activity: 364
Merit: 250
Congrats team!

Looks like the whole community is pulling for you guys.

I love darkhorse entries!
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