Topic: 38 th/s BTC miner on the way.. (Read 6989 times)

I truly appreciate your prospective. You have brought something’s to my attention that well better my posting in the future. I promise you. I will never support nor endorse a SCAM. If I catch wind of a source being dishonest. I will be the first to call the perpetrator out.  My group and I stand against people who try to scam.

this guy sounds like a nut job. please tell me im not alone in thinking this.

Thank you for sharing the NEWS. Its about time for the people who threw the words "scam and lies" on this topic to start eating crow. BitcoinSniper.com and it's amazing members will keep you up to speed about the release of this "mammoth" of an Asic miner.

I think he mistyped

38 GHs to 38 THs


and the 30-38 GHs miner is not a scam...

Take a look at it yourself:

http://www.wtcr.ca/catalog/product/bm-ambec-01

this guy sounds like a nut job. please tell me im not alone in thinking this.

Well thank you for sharing information non the less.

That quote is about KNC.  It has nothing to do with your magical 38 TH/s nonsense.

One day after I said this, KnCMiner released the following: "Unbeknown to the community we are currently developing the next generation product in 20nm/16nm process with Alchip".
Always happy to eat my words, not too proud to admit it if I'm wrong (of course we still need to actually see proof).  Still skeptical however, but that's because I err on the side of caution.

Anyway, if 16nm or 20nm ASICs are in development, I'm keen to hear news of it.  

I doubt we'll see relatively small (compared to Intel) Bitcoin ASIC manufacturers using better than 22nm lithography any time soon.

http://www.wtcr.ca/catalog/product/bm-ambec-01

ASICMiner Block Erupter CUBE???


Sounds like they are getting a bunch of block erupters and linking them together in a cube shape....really news worthy stuff mate....thanks  

Even if someone could manufacture a 38TH/s mining rig the likelihood of being able to run at your house will be very slim that you will need to run inside a co-location somewhere. Co-lo space isn't cheap, you not only have to pay for the rack space, buy you have to power for power; I have seen some companies charge as little as $250 per 20A circuit per month and I have seen some companies charging closer to $600 a month for a single 20A, plus you have to pay for internet.
 

Even if someone could manufacture a 38TH/s mining rig the likelihood of being able to run at your house will be very slim that you will need to run inside a co-location somewhere. Co-lo space isn't cheap, you not only have to pay for the rack space, buy you have to power for power; I have seen some companies charge as little as $250 per 20A circuit per month and I have seen some companies charging closer to $600 a month for a single 20A, plus you have to pay for internet.
 

I just got word from a new company that will be bringing us a 38 th/s BTC miner . I could not help myself and wanted to share the NEWS. Email from the company came about 20 minutes ago to us at  BitcoinSniper.com We will keep you updated . I remember being in awe over the first 5 gh/s miner .NOW what was thought to be the Pinnacle of Asic bitcoin mining hardware . I have found we are just scratching the surface .The final month of this year will truly shake up our bitcoin world and the people who want to stay ahead of the DIFF. The 38 gh/s will be the larger unit but two additional smaller units will be ready for purchase . Both Devices will be above 5 th/s
.Pricing will be affordable in compare to current hardware pricing  dynamics. NOTICE: we at bitcoinsniper.com will not be manufacturing this device . We simple review and provide information . In first communication with company I asked "deliver date" to make sure we would not have a BFL fumble. They stated "Day we launch shipping will be a week to eight days later". 

Tip:you might want to think about pooling funds together with 5-10 people for the larger unit .Even with current DIFF ROI will not be hard

Thank you for reading and lets continue to move forward to Greatness with Bitcoin


My next Question for you is what will the effects of these massive RIGS do to the current network and community. Your opinion please?

Thank you for sharing your point of view.

The point is that Bitcoin is perfectly parallel. Even those 1.2 TH/s "units" consists of 400 to 500 GH/s boards.  It makes absolutely not sense to sell a 38 TH/s unit.  You could just sell lots of 2 TH/s units.  Modular, cheaper mainstream power supplies, redundancy (one unit fails send 2 TH/s back for RMA and keep mining with the other 36 TH/s not 38 TH/s).

Today you could buy 20 Cointerra rigs and put them into a datacenter rack and tada 40 TH/s.  What does a single 38 TH/s unit get you?  Bitcoin is an embarrassingly easy parallel problem.  It means twenty 2 TH/s units work just as efficiently as a single 40 TH/s unit.  The advantage of smaller units if you can use off the shelf parts (cooling, power, cases, data, etc).

I have a feeling it would be a lot cheaper GH/S compare to the current price but the unit may have been designed for a large data center use or the multi-use system such as miner 1st then the extra heat get recycled for the office heater or pre-warm the water in the office building where the monster get housed.

Power spec is nothing out of the ordinary, if it was planned to be used as the industrial equipment.  May be that's where the OP mentioned that this could be a group-buy as it will be more than a buying a new car but buying the heave weight commercial shop machine.

with the 2TH unites or 1.2TH unites with 400% equipment upgrade guarantees on the market by end of this year or early January of 2014, the current home use type miners may have hit the ceiling.  Now, it could be a new break-through in the technology or just clustering the current technology like when the clustered PS3 for the super secret Government Use was an unthinkable past a few years ago, but it did existed.

Also, the price wars of the miners, it makes more sense that cramming more power into 1 humongous unit to come up with the manufacture's profit.  I'm sure these companies are making nice profit for the current 2TH unit sale price, but in order for whoever this is to stay in the game, reducing the profit per whateer the chips they are going to use but cutting the per-chip profit but compensate that with large number of chips in 1 commercial use unit.

Sometimes no name journalist can break the world news just by his/her crazy luck.  May be this OP fell into something he/she wasn't planning to be a part of.  Or, got succkered into the crazy scam but not realizing it yet.  Either way, we should stay tuned and see the result.

This OP is taking the risk of releasing unbelieable story by the mass by taking the chance with his credibility.  Let's at least give this OP do the information release as it was fed to the OP, so when the OP does the review, the OP won't withhold some info the OP think the readers may attack the OP again.

38TH/S will crush everyone if it did come out by end of this year and hit the network.  Most Pre-Orders for the higher end miners who paid $4000 and up will see their hope of ROI like the 4th of July fireworks.

MAY BE I'M DREAMING but it's possible.... 

I'm so disappointed with the current pre-order conditions and lots of mining investors who lost life savings but I'm trying to be positive today!  May be just Today...