I know it goes BIGGER... what is the point?
Also... boards are getting designed for these chips as we speak so likely the only pinch point for most of the DIY chip crowd will be getting boards to chips. Will be a very very very interesting few months.
Topic: 490,000 Avalon chips already ordered - 150T hashrate spike coming in August - page 2. (Read 24323 times)
May 10, 2013, 02:43:00 AM
May 10, 2013, 02:23:39 AM
KH-->MH-->GH-->PH/s. We're going to run out of letters! 
SI Prefixes
Multiple Prefix Symbol Example
1,000,000,000,000,000,000 (1018) exa- E Eg (exagram)
1,000,000,000,000,000 (1015) peta- P PJ (petajoule)
1,000,000,000,000 (1012) tera- T TV (teravolt)
1,000,000,000 (109) giga- G GW (gigawatt)
1,000,000 (106) mega- M MHz (megahertz)
1,000 (103) kilo- k kg (kilogram)
100 (102) hecto- h hm (hectometer)
10 (101) deka- da daN (dekanewton)
1/10 (10–1) deci- d dC (decicoulomb)
1/100 (10–2) centi- c cm (centimeter)
1/1,000 (10–3) milli- m mm (millimeter)
1/1,000,000 (10–6) micro- ( (F (microfarad)
1/1,000,000,000 (10–9) nano- n nm (nanometer)
1/1,000,000,000,000 (10–12) pico- p ps (picosecond)
1/1,000,000,000,000,000 (10–15) femto- f frad (femtoradian)
1/1,000,000,000,000,000,000 (10–18) atto- a aT (attotesla)
When will we reach 1 Exa Hash per second? EH/s <---- Eh? Canadian named it.
exa isn't the max
there is zetta
1x10^21
and yotta(above all)
1x10^24
May 09, 2013, 06:19:51 PM
What is the range of estimates for BFL?
assuming
1. Order limited (i.e. fill all 10,000-20,000+ orders)
2. Wafter limited (i.e. run out of ASIC chips)
I have heard that the upper theoretical limit is something like 1,000 - 2,000 THash/sec ordered from BFL.
also - difficulty follows price. not the other way around. we may well see a decrease in bitcoin price
indeed it has stabilized heavily and ceased it's gradual increase on average / massively chaotic pricing. difficulty can skyrocket and price can do as it pleases.
assuming
1. Order limited (i.e. fill all 10,000-20,000+ orders)
2. Wafter limited (i.e. run out of ASIC chips)
I have heard that the upper theoretical limit is something like 1,000 - 2,000 THash/sec ordered from BFL.
also - difficulty follows price. not the other way around. we may well see a decrease in bitcoin price
indeed it has stabilized heavily and ceased it's gradual increase on average / massively chaotic pricing. difficulty can skyrocket and price can do as it pleases.
May 09, 2013, 06:04:45 PM
Check it out:
https://blockchain.info/address/1FGAftzSTztFSB8LMwsrdCKTyqGY6zr3sU
China-based Forum Discussion:
http://bbs.btcman.com/forum.php?mod=viewthread&tid=2207
Difficulty will be increasing like you don't know. Hope you understand how this mining will play out.
Thoughts?
-Dalkore
the demise of GPU mining... same thing happened to CPU mining just recently... nice!! https://blockchain.info/address/1FGAftzSTztFSB8LMwsrdCKTyqGY6zr3sU
China-based Forum Discussion:
http://bbs.btcman.com/forum.php?mod=viewthread&tid=2207
Difficulty will be increasing like you don't know. Hope you understand how this mining will play out.
Thoughts?
-Dalkore
May 09, 2013, 05:19:25 PM
I don't think there will be a spike that large in August because of all the mining difficulties and such. However, I think the price will go up some for BTC. Worst case you can switch to ltc.
April 25, 2013, 11:05:57 AM
That rig doesn't pencil. Just do the math with the power requirements of 7,000/Kw.
April 24, 2013, 10:00:53 PM
^^ My mistake, youre are right i didnt even read the whole page at all. My eyes forwarded to the speed and cost and dropped everything else but the pics, i remembered being curious about how they were cooling it besides the fans when i saw the pic.. and i moved along..
April 24, 2013, 09:53:01 PM
^^ Yeah i first saw that last night.. its 90k for a custom rig.. looks crazy.. What are they feeding it.. blasts of nos!? lol
This has nothing to do with BitFury's ASIC. This picture is their previous generation rig (FPGA Spartan6, not ASIC).
April 24, 2013, 08:20:36 PM
^^ Yeah i first saw that last night.. its 90k for a custom rig.. looks crazy.. What are they feeding it.. blasts of nos!? lol
April 24, 2013, 07:33:22 PM
I agree, we will see how much improvement we get. I have heard a Russian ASIC is actually about to come online as well. Bitfury?
April 24, 2013, 01:23:05 PM
^^ i was looking at big time coins thread... i think he under positioned himself .. staffing .. timing and price so alot can go wrong even after chip purchase..
EDIT// Thats alot of assuming by me..
EDIT// Thats alot of assuming by me..
April 24, 2013, 08:21:45 AM
Those 560K chips might be delivered in August, but they won't come online immediately (probably get a 2 month reprieve for peeps to figure out how to use them --- so October?).
Figure out how to do them is easy. Figure out how to do them en masse quickly and cheaply is a different matter.
Much truth in that statement. Scaling up efficiently is always a difficult task. Small bad decisions early can cost you big down the road.
April 24, 2013, 04:27:16 AM
Those 560K chips might be delivered in August, but they won't come online immediately (probably get a 2 month reprieve for peeps to figure out how to use them --- so October?).
Figure out how to do them is easy. Figure out how to do them en masse quickly and cheaply is a different matter.
April 23, 2013, 08:51:42 PM
Those 560K chips might be delivered in August, but they won't come online immediately (probably get a 2 month reprieve for peeps to figure out how to use them --- so October?).
April 23, 2013, 08:45:15 PM
^^^^
April 23, 2013, 08:09:57 PM
http://organofcorti.blogspot.ca/2013/04/913-asic-choices-asic-earnings-17-april.html
Fell out of chair with my laptop in hand and continued reading from the floor.
According to that guys assumptions we wont see batch #3 Avalons till july... with difficulty on roids.
Batch #4 was hinted at a late may / early june ship but ..
https://bitcointalksearch.org/topic/m.1876668
considering there are no batch #2 in the wild let alone batch #3's... I now understand why im still on the floor as write this.
I requested a turbo boost button on the avalon batch #4 thread in case of emergency difficulty rising! I was joking when i said it but man ..
https://bitcointalksearch.org/topic/m.1900115
If you want to sink even lower, check out this post from the same guy: http://organofcorti.blogspot.com/2013/04/914-asic-earnings-23-april-2013.html
Fell out of chair with my laptop in hand and continued reading from the floor.
According to that guys assumptions we wont see batch #3 Avalons till july... with difficulty on roids.
Batch #4 was hinted at a late may / early june ship but ..
https://bitcointalksearch.org/topic/m.1876668
considering there are no batch #2 in the wild let alone batch #3's... I now understand why im still on the floor as write this.
I requested a turbo boost button on the avalon batch #4 thread in case of emergency difficulty rising! I was joking when i said it but man ..
https://bitcointalksearch.org/topic/m.1900115
If you want to sink even lower, check out this post from the same guy: http://organofcorti.blogspot.com/2013/04/914-asic-earnings-23-april-2013.html
Yep, we are really arriving to the "point of no ROI"
I think Avalon gave a good price for their chips. I hope they will be also kind enough to price their batch #4 at around 25BTC for 45GHs and 50BTC for 90GHs. I think they would still have a decent profit, while allowing for decent ROI also to batch #4 customers. Higher than that (0.55BTC per GHs), unfortunately I believe there won't be any ROI for batch #4, as I would expect that no batch #4 will be hashing in the wild before July.
Check the address link now...
560,000 chips ordered now... we may have already surpassed PONROI... poor folks still ordering are probably the ones who haven't noticed the 170T spike in August.
April 23, 2013, 02:45:39 PM
ROI is quickly going out the window, but the question becomes will people still run the ASIC's even if they are loosing money on power costs.
Well, those who pay electricity $0.3 will shut their rigs off way before than those paying $0.15, and those who do not pay electricity at all... Well, they will shut their rigs of much later. And I can guarantee you that there are quite a few big-size mining set ups that pay 0 for electricity.
Yep, I will have a facility available for .02/Kwh this summer. Cheap power and credible ASIC management is where it is at.
-D
I think you are providing a very smart and needed service. $0.02 Kw/h is a killer!
Yep, I am heading out there very soon to nail down a commercial space and get it under lease. More details to come, PM me if you want to be on pre-list for space. This will be phase two for ASIC once diff goes to 50,000,000 plus.
April 23, 2013, 12:28:15 PM
ROI is quickly going out the window, but the question becomes will people still run the ASIC's even if they are loosing money on power costs.
Well, those who pay electricity $0.3 will shut their rigs off way before than those paying $0.15, and those who do not pay electricity at all... Well, they will shut their rigs of much later. And I can guarantee you that there are quite a few big-size mining set ups that pay 0 for electricity.
Yep, I will have a facility available for .02/Kwh this summer. Cheap power and credible ASIC management is where it is at.
-D
I think you are providing a very smart and needed service. $0.02 Kw/h is a killer!
April 23, 2013, 07:31:58 AM
ROI is quickly going out the window, but the question becomes will people still run the ASIC's even if they are loosing money on power costs.
Well, those who pay electricity $0.3 will shut their rigs off way before than those paying $0.15, and those who do not pay electricity at all... Well, they will shut their rigs of much later. And I can guarantee you that there are quite a few big-size mining set ups that pay 0 for electricity.
Keep in mind that even at $0.3, an Avalon unit will be profitable up until about 950Million difficulty (100x current difficulty, or about 6500TH). It won't be making much, but it will be making something. Though if price drops out it will be much lower of course.
April 23, 2013, 07:21:45 AM
ROI is quickly going out the window, but the question becomes will people still run the ASIC's even if they are loosing money on power costs.
Well, those who pay electricity $0.3 will shut their rigs off way before than those paying $0.15, and those who do not pay electricity at all... Well, they will shut their rigs of much later. And I can guarantee you that there are quite a few big-size mining set ups that pay 0 for electricity.
Jump to: