750 GH/s - 3TH/s Miners from $3565 - www.bitcoinultra.co.uk - page 19.

CYPER

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Quote from: LawyerMD on March 05, 2014, 11:52:46 AM

Bitcoin Ultra is using Bitmine chips and as some of you know Bitmine is behind in production and shipping.

I can't help but have some negative assumptions regarding this venture. If Bitmine can't/haven't fulfilled orders from Sept 2013 yet, how are they able to supply Bitcoin Ultra?

Forum Feed regarding Bitmine:
https://bitcointalksearch.org/topic/unofficial-bitmine-coincraft-series-28nm-asic-miners-thread-486808

Smells fishy to me!

Also check out what I found out on Whois and UK Company Check:

Whois:
http://who.is/whois/www.bitcoinultra.co.uk

Company Check: (Notice the Company Status)
http://companycheck.co.uk/company/06051481

That is not the same Company.
For Company check in the UK use: http://wck2.companieshouse.gov.uk/

Name & Registered Office:
JENRA LIMITED
272 BATH STREET
GLASGOW
SCOTLAND
G2 4JR
Company No. SC462174

LawyerMD

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Bitcoin Ultra is using Bitmine chips and as some of you know Bitmine is behind in production and shipping.

I can't help but have some negative assumptions regarding this venture. If Bitmine can't/haven't fulfilled orders from Sept 2013 yet, how are they able to supply Bitcoin Ultra?

Forum Feed regarding Bitmine:
https://bitcointalksearch.org/topic/unofficial-bitmine-coincraft-series-28nm-asic-miners-thread-486808

Smells fishy to me!

Also check out what I found out on Whois and UK Company Check:

Whois:
http://who.is/whois/www.bitcoinultra.co.uk

Company Check: (Notice the Company Status)
http://companycheck.co.uk/company/06051481

Gator-hex

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Activity: 490

Merit: 500

Quote from: bitcoinultra on March 05, 2014, 09:13:18 AM

Quote from: firejuan on March 05, 2014, 09:07:46 AM

Any price updates?

We will have an updated (lower) price as soon as the components have been delivered which will either be later today or tomorrow

The price is actually pretty fair if the 750GH miner is actually an under-clocked 1TH miner (40x A1 chips).
Assuming it's not voltage locked and a buyer can up the voltage, from 0.65V low power mode, to 0.765V normal mode to get 1TH.
But yeah time to delivery is key these things lose 50% of their value per month, that's why companies don't usually hold stock, but take pre-orders!

bitcoinultra

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Quote from: firejuan on March 05, 2014, 09:07:46 AM

Any price updates?

We will have an updated (lower) price as soon as the components have been delivered which will either be later today or tomorrow

firejuan

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Because it's sterile...

Any price updates?

bitcoinultra

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Sorry for the delay with any updates we are currently working flat out:

Our VAT number is 181109625

Regarding our production etc.. we are waiting for a delivery of components to our electronics manufacturer. Once we have these components in stock we have everything ready to mass produce.

When we do start accepting orders, for the first week we will only be accepting orders for the enigma 1. This is to ensure that we don't get too swamped and can meet our dispatch deadlines, the following week we will be opening up to the rest of our range.

We are also in the process of setting up a small datacenter to offer a hosting solution for your miners which includes 24/7 monitoring and a backup UPS, this will be online an running by the end of march.

krypokoinkip

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Quote from: nottm28 on March 04, 2014, 06:55:18 PM

I'm watching too - still waiting for the VAT number to be posted when he gets back to work on Monday, like another poster posted (good ask btw). Twice...

I just reverse looked up the phone number it does say it is coming from Rotherham.
I do respect the fact they are not taking pre-orders this does give me confidence plus paypal would be a bonus.
However the point is still valid I don't see a VAT.

I am following this very closely.

freebit13

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I got Satoshi's avatar!

Quote from: V4Vendettas on March 05, 2014, 04:33:37 AM

I would love to be on that road trip but the last time I was in a trunk it involved a copy of Feminist Review and a cucumber . Needless to say an experience I'm not over keen to repeat even if I get to see miner porn at the end.

Well I am 90% sure I'm going to go with a 2.250 TH with the last of my fiat if this company can deliver. I'm aware it might just be better to buy and hodl btc instead but... well I miss mining and have a fair bit of free power during daylight hours so what the hell. Solar power and outrageous government feed in tariffs 4TW.

FWIW... why not hedge your 'bet' and spend half on mining equipment and half on BTC... then you get to mine and hodl at the same time Wink

Btw. in that link I PM'd you yesterday they are claiming a more reasonable 1040W/TH.

nytrolic

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The World’s First Blockchain Core

They are about a 30 min car drive from me, I don't mind nipping over, if anybody else wants to come with me and can get to Leeds, I'll pick you up from the train station

V4Vendettas

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I would love to be on that road trip but the last time I was in a trunk it involved a copy of Feminist Review and a cucumber . Needless to say an experience I'm not over keen to repeat even if I get to see miner porn at the end.

Well I am 90% sure I'm going to go with a 2.250 TH with the last of my fiat if this company can deliver. I'm aware it might just be better to buy and hodl btc instead but... well I miss mining and have a fair bit of free power during daylight hours so what the hell. Solar power and outrageous government feed in tariffs 4TW.

CYPER

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Quote from: jelin1984 on March 04, 2014, 07:38:37 PM

I want to come and me to road trip

No problem, but we only have one seat left - in the trunk.

jelin1984

legendary

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I want to come and me to road trip

Gator-hex

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Quote from: Tigggger on March 04, 2014, 06:31:31 PM

Quote from: Gator-hex on March 04, 2014, 05:45:08 PM

Seems a bit expensive considering what the Chinese are now selling but the question I most have, after looking over the specs, is...

What ASIC chip are they using? 0.65W/GH is a big claim. Even the Chinese A1 boxes only claim 0.88W/GH!

It must be the most efficient Bitcoin mining chip made so far. Who paid for it's development? What node? etc.

The chip is the Coincraft A1, it's in the first post

http://bitmine.ch/?page_id=863

Price wise the 3TH is on a par with 15x Antminers which would get you the same speed in a couple of days. The downside of that many ants is space, psu's, cables, network switches and the biggie power usage.

It will all come down to when they are actually available, if they can make the timeline they have set I'd probably buy.

Be lucky to get 0.65W/GH out of the A1, the Chinese 0.88W/GH claim is already far higher than the Technobit A1 Chips I'm running which only get 1.1W/GH!
Mine won't get out of bed for less than 850mV (Turbo mode!) and only supply Normal Mode 25GH/s! But I've always suspected they may have made an improved 2nd batch.

nottm28

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I'm watching too - still waiting for the VAT number to be posted when he gets back to work on Monday, like another poster posted (good ask btw). Twice...

CYPER

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I want to go too, so how about we organize a trip and share the costs?
I am in NW London.

Tigggger

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Quote from: Gator-hex on March 04, 2014, 05:45:08 PM

Seems a bit expensive considering what the Chinese are now selling but the question I most have, after looking over the specs, is...

What ASIC chip are they using? 0.65W/GH is a big claim. Even the Chinese A1 boxes only claim 0.88W/GH!

It must be the most efficient Bitcoin mining chip made so far. Who paid for it's development? What node? etc.

The chip is the Coincraft A1, it's in the first post

http://bitmine.ch/?page_id=863

Price wise the 3TH is on a par with 15x Antminers which would get you the same speed in a couple of days. The downside of that many ants is space, psu's, cables, network switches and the biggie power usage.

It will all come down to when they are actually available, if they can make the timeline they have set I'd probably buy.

Gator-hex

hero member

Activity: 490

Merit: 500

Seems a bit expensive considering what the Chinese are now selling but the question I most have, after looking over the specs, is...

What ASIC chip are they using? 0.65W/GH is a big claim. Even the Chinese A1 boxes only claim 0.88W/GH!

It must be the most efficient Bitcoin mining chip made so far. Who paid for it's development? What node? Must be 20nm to be 35% more efficient than 28nm?

Tigggger

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I'm only 90 minutes away, would definately drive over to collect mine and report back.

raskul

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Quote from: V4Vendettas on March 04, 2014, 03:37:57 PM

Well I guess since they are not doing pre orders no harm in just waiting then. Still would love to see some prototype mining porn working but that's just me.

i'm going to be dead sensible here now, (something i'm not renowned for) but the way I see it, we are going to fork out enough for the rig when it's in production, so why pay more for travel/overnight or whatever to go see a prototype... I'm sure the best thing would be bitcoinultra just posting videos for us to see with hashrate etc - and have someone who is a bit closer go visit to assure. It's a distance for you to travel mate, say you spend £200 to go, that's ANOTHER £200 your rig will need to ROI to break even, and who knows where the difficulty is going to go to by the time... Also bear in mind, the longer it takes bitcoinultra to get this to market, the less it should cost (by which time, the same funds may well get you something tasty from the chinese).

but, if you are going, i recommend the Black Sheep Ale, but gawd, take an extra roll of loo roll for the morning after. Shocked

V4Vendettas

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Well I guess since they are not doing pre orders no harm in just waiting then. Still would love to see some prototype mining porn working but that's just me.

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