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Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 62. (Read 771512 times)

legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
there is no power in the USA that is 1.7 cents.   When you buy a lot of power there are capacity charges, transmission charges and energy charges (there is other bs too but this is the bulk of it).   Capacity charges are based on the MOST electricity you used in the last 12-18 months (depending on your area) and it pays for the capital equipment of the power generator (hydro/nuclear have high capacity charges and low energy charges but it is a blend of all the plants that make up the power in that region), transmission is based on the utilities capital cost and is slightly lower when you take 460, energy is simply the variable cost of the electricity.
Most people are quoting the energy cost when they are throwing out these power numbers.   That is like saying the cost of driving your cab is only the gas you put in.

https://bitcointalksearch.org/topic/hosting-high-cacacity-density-bitcoin-asic-hosting-186559

2 Cents but pretty near.

if you go to their pricing page, they seem to be charging $0.2669 ("CURRENT PRICING:  $0.085* per BTU [British Thermal Unit]   (Watts * 3.41 = BTU)).
I could be reading it wrong, here's the link: http://www.loopadoop.info/index.php?q=aHR0cDovL2JpdGNvaW5hc2ljaG9zdGluZy5jb20vcHJpY2luZy8%3D

Sure, they're including all of the services in that price, but they're charging by the watt nevertheless, meaning that if your rig eats double the electricity, it will be twice as expencive to host.
That makes the $.02 energy cost a sales gimmick - both unverifiable and irrelevant when *you're* actually paying ~$.27.

As an example, i can rent you a house and tell you that it's a great deal because my monthly costs are only $10, but then charge you $7,000 nevertheless.

The prices you mention are from the hoster isnt it? So dalkore made it. But i believe there is a community or so with power from water plants near Denver? and thats where Dalkore is having his hosting service. As far as i understood dalkore the power costs in that area are really that low. Though i dont know for sure. Someone posted the link in one of dalkores 2 advertising threads where this community is if youre interested.
newbie
Activity: 56
Merit: 0
there is no power in the USA that is 1.7 cents.   When you buy a lot of power there are capacity charges, transmission charges and energy charges (there is other bs too but this is the bulk of it).   Capacity charges are based on the MOST electricity you used in the last 12-18 months (depending on your area) and it pays for the capital equipment of the power generator (hydro/nuclear have high capacity charges and low energy charges but it is a blend of all the plants that make up the power in that region), transmission is based on the utilities capital cost and is slightly lower when you take 460, energy is simply the variable cost of the electricity.
Most people are quoting the energy cost when they are throwing out these power numbers.   That is like saying the cost of driving your cab is only the gas you put in.

https://bitcointalksearch.org/topic/hosting-high-cacacity-density-bitcoin-asic-hosting-186559

2 Cents but pretty near.

if you go to their pricing page, they seem to be charging $0.2669 ("CURRENT PRICING:  $0.085* per BTU [British Thermal Unit]   (Watts * 3.41 = BTU)).
I could be reading it wrong, here's the link: http://www.loopadoop.info/index.php?q=aHR0cDovL2JpdGNvaW5hc2ljaG9zdGluZy5jb20vcHJpY2luZy8%3D

Sure, they're including all of the services in that price, but they're charging by the watt nevertheless, meaning that if your rig eats double the electricity, it will be twice as expencive to host.
That makes the $.02 energy cost a sales gimmick - both unverifiable and irrelevant when *you're* actually paying ~$.27.

As an example, i can rent you a house and tell you that it's a great deal because my monthly costs are only $10, but then charge you $7,000 nevertheless.
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
there is no power in the USA that is 1.7 cents.   When you buy a lot of power there are capacity charges, transmission charges and energy charges (there is other bs too but this is the bulk of it).   Capacity charges are based on the MOST electricity you used in the last 12-18 months (depending on your area) and it pays for the capital equipment of the power generator (hydro/nuclear have high capacity charges and low energy charges but it is a blend of all the plants that make up the power in that region), transmission is based on the utilities capital cost and is slightly lower when you take 460, energy is simply the variable cost of the electricity.
Most people are quoting the energy cost when they are throwing out these power numbers.   That is like saying the cost of driving your cab is only the gas you put in.

https://bitcointalksearch.org/topic/hosting-high-cacacity-density-bitcoin-asic-hosting-186559

2 Cents but pretty near.
sr. member
Activity: 280
Merit: 250
IIIIII====II====IIIIII

Miner; KnC have created a product, and shipped said product. Ken has not yet.

No the point is about getting proof about statements or claims made about peoples background and experience. Nothing to do with what KnC do today, but what they claimed to be doing 25 years ago (combined).
sr. member
Activity: 378
Merit: 250
if you are going to state these as facts then I ask for you to provide proof to back up your statements of:
...................................


If you provide me proof that this statement from KnC is true I will do my best to prove the above info (which has been stated publicly by ACtM) is true:

'Kennemar & Cole is a combination of Andreas Kennemar and Sam Cole. Together having more than 25 years of expertise and global experience of bringing services and products to market.'
https://www.kncminer.com/pages/aboutus

And I want proof for both parties.


Miner; KnC have created a product, and shipped said product. Ken has not yet.
sr. member
Activity: 280
Merit: 250
IIIIII====II====IIIIII
if you are going to state these as facts then I ask for you to provide proof to back up your statements of:
...................................


If you provide me proof that this statement from KnC is true I will do my best to prove the above info (which has been stated publicly by ACtM) is true:

'Kennemar & Cole is a combination of Andreas Kennemar and Sam Cole. Together having more than 25 years of expertise and global experience of bringing services and products to market.'
https://www.kncminer.com/pages/aboutus

And I want proof for both parties.
hero member
Activity: 630
Merit: 500
the fact they you take them as facts from Ken, and then when MrTeal (who has been around much longer and has some real street cred) posts his take on it you tell him he cant be right cause Ken said this.  You are coming off like a 9 year old boy saying my dad can beat your dad up.

Ken has the facts and details at hand, he is a very experienced software engineer, (as well as a very experienced businessman) he has two life-time engineers on his team, together with their suppliers they have come up with these projections.

Mr Teal does not have all the details about this company infront of him, he has not negotiated with ACtM's suppliers or know the agreed timelines, and neither is he as knowledgeable as a combination of 3 life-time engineers.

if you are going to state these as facts then I ask for you to provide proof to back up your statements of:

1. he is a very experienced software engineer
2. a very experienced businessman
3. he has two life-time engineers on his team
4. together with their suppliers they have come up with these projections

EDIT - not saying any of these arent possibly true, just want this backed up with proof.
hero member
Activity: 532
Merit: 500
https://karatcoin.co
I don't see anything in this that indicates that chips arriving in Q2 could not be mining within that same quarter, i.e. 3 months time.

This is not a pipe dream. We are not taming unicorns, here. I'm not saying that for absolute sure ActM will have a 1-2PH farm in Q2, but it is in the realm of possibility in this day and age.

The design is done. Tape-out indicates the final step of the design process, once all details have been worked out, (although certain things can come up that require re-spins). Once we have the first article we will know if any re-spins are necessary or not. Board design is done long before Q2 and might very well be done already. Pick and place is lightning fast and completely automated. Placed boards will be tested and be sent to be placed in the actual machines, which will be a second point of testing, ensuring that the boards work with the rest of the device and mining software.

This has been done so many times long before Bitcoin that it is comical how so many think of this as some unattainable or unreachable goal.
The design of the chip is done. The design of the board still seems to be underway, but it should definitely be done by the time chips roll off the line. As for the speed of the pick and place machines I'd agree, although it would probably still take a couple/few days to get all those boards through. There is still the setup for the lines though and there is kitting and other prep work to do, and even the waiting to get on a line. Any good assembly house runs at a pretty high capacity factor, and some order like this is not substantial enough that they're going to kick another client off a line in the middle of their run so that they can immediately start on yours.

It's not impossible for AMC/VMC to get working hardware into people's hands by the end of Q2. Hell, if they want to really pay they could probably even get 1PH/s online by June 30th of they get the chips April 1st if everything goes extremely well and they're willing to take some possibly expensive risks, at the cost of really raising their average unit price, and absolutely nothing goes wrong.

I would disagree that this happens so many times long before Bitcoin though. The insane standing starts we see here are due to the time sensitive nature of the Bitcoin world. If Ken were designing cable modems using a custom ASIC or something the idea of have 10,000 units in customers homes 3 months after the first sample chip rolls off the line would be crazy.

You're right. It is not entirely true that "this" has been happening for long. These stages of the complete process have been around for a while, but the time short time frames are a new element that really change the game.
legendary
Activity: 1274
Merit: 1004
I don't see anything in this that indicates that chips arriving in Q2 could not be mining within that same quarter, i.e. 3 months time.

This is not a pipe dream. We are not taming unicorns, here. I'm not saying that for absolute sure ActM will have a 1-2PH farm in Q2, but it is in the realm of possibility in this day and age.

The design is done. Tape-out indicates the final step of the design process, once all details have been worked out, (although certain things can come up that require re-spins). Once we have the first article we will know if any re-spins are necessary or not. Board design is done long before Q2 and might very well be done already. Pick and place is lightning fast and completely automated. Placed boards will be tested and be sent to be placed in the actual machines, which will be a second point of testing, ensuring that the boards work with the rest of the device and mining software.

This has been done so many times long before Bitcoin that it is comical how so many think of this as some unattainable or unreachable goal.
The design of the chip is done. The design of the board still seems to be underway, but it should definitely be done by the time chips roll off the line. As for the speed of the pick and place machines I'd agree, although it would probably still take a couple/few days to get all those boards through. There is still the setup for the lines though and there is kitting and other prep work to do, and even the waiting to get on a line. Any good assembly house runs at a pretty high capacity factor, and some order like this is not substantial enough that they're going to kick another client off a line in the middle of their run so that they can immediately start on yours.

It's not impossible for AMC/VMC to get working hardware into people's hands by the end of Q2. Hell, if they want to really pay they could probably even get 1PH/s online by June 30th of they get the chips April 1st if everything goes extremely well and they're willing to take some possibly expensive risks, at the cost of really raising their average unit price, and absolutely nothing goes wrong.

I would disagree that this happens so many times long before Bitcoin though. The insane standing starts we see here are due to the time sensitive nature of the Bitcoin world. If Ken were designing cable modems using a custom ASIC or something the idea of have 10,000 units in customers homes 3 months after the first sample chip rolls off the line would be crazy.
sr. member
Activity: 280
Merit: 250
IIIIII====II====IIIIII
the fact they you take them as facts from Ken, and then when MrTeal (who has been around much longer and has some real street cred) posts his take on it you tell him he cant be right cause Ken said this.  You are coming off like a 9 year old boy saying my dad can beat your dad up.

Ken has the facts and details at hand, he is a very experienced software engineer, (as well as a very experienced businessman) he has two life-time engineers on his team, together with their suppliers they have come up with these projections.

Mr Teal does not have all the details about this company infront of him, he has not negotiated with ACtM's suppliers or know the agreed timelines, and neither is he as knowledgeable as a combination of 3 life-time engineers.
hero member
Activity: 630
Merit: 500
really, so all the times you have typed it that way and have done that to several other users on this forum have been nothing but typos?  forgive me for thinking it was a deliberate debating tactic...

That time it was a typo - I'm trying to be more sensible and just present the facts as reported to us by this company. If we don't actually know the stated facts first how can we question them? At the moment people are believing the lies or half-truths spread by new-comers to this thread and so-called experts who have all of a sudden become very very interested in ACtM. Then people question these half-truths as if they were facts. That leads you no-where.

the fact they you take them as facts from Ken, but then when MrTeal (who has been around much longer and has some real street cred) posts his take on it you tell him he cant be right cause Ken said this - it's just sad really.  You are coming off like a 9 year old boy saying my dad can beat your dad up.

EDIT - tried to made the 1st sentence make more sense.
sr. member
Activity: 378
Merit: 250
Ad Hominem attacks are unnecessary on this thread.

Ken can you give us more insight on the share transfer process; anything we need to do and when you plan to have it finished it by?
sr. member
Activity: 280
Merit: 250
IIIIII====II====IIIIII
really, so all the times you have typed it that way and have done that to several other users on this forum have been nothing but typos?  forgive me for thinking it was a deliberate debating tactic...

That time it was a typo - I'm trying to be more sensible and just present the facts as reported to us by this company. If we don't actually know the stated facts first how can we question them? At the moment people are believing the lies or half-truths spread by new-comers to this thread and so-called experts who have all of a sudden become very very interested in ACtM. Then people question these half-truths as if they were facts. That leads you no-where.
member
Activity: 70
Merit: 10
1. Stop making numbered lists please, it's silly.
2. That is all.
hero member
Activity: 630
Merit: 500
again you show your maturity by "cleverly" changing someone's name to something that tries to make it seem like they are less intelligent than you.

Sorry it was a typo, don't get so wound up.


EDIT - and yes I accept MrTeal's explanation and breakdown.  much more so than I accept anything Ken says. 


OK so despite him getting basic figures out by 50% you believe him over Ken and his team. Well that's your right. I hope to be buying some shares off you soon then.

as to his "getting basic figures out by 50%" - you are saying there will be an average of close to 800 of the 55nm chips in each 4u case?  I'd really like to see how that works out.  no really.  that's a lot of power and cooling needs.  800 chips x 2.5 watts = 2000 watts just for the chips.


you can have all of my 416 shares.  if you do any trading on cryptostocks that is.  what did you say activemining was worth again?  you can buy them for that 0.01 price...
newbie
Activity: 27
Merit: 0
1) Whine whine whine

2) We all know who the real sock puppet monkeys are

3) You boys claim to be adults but then make big dramatic announcements about whom you are now ignoring

4) Crumbs under his current name still gets off on getting a rise out of you

5) What is really important is that the CEO of Active Mining has PROMISED to start verifying shares today

6) That means that soon trading will resume

7) That is a very good thing

8 ) The CEO of Active Mining has also assured us that he has some real and competent engineers and a good project manager working for us

9) We do not have to be #1.

10) We all will make money even if we are #4 in the mining game

11) All other speculation is just fodder for crumbs-mainline

12) We will all be rich or at least richer than we were before Mr. Slaughter met us


legendary
Activity: 1274
Merit: 1004
Let's play with some numbers, shall we? Please fill in the blanks.


A ridiculously long post, and it's filled with assumptions, inaccuracies and unanswerable speculative questions. How long is a piece of string?

-100PH by when? Who determined that? Do you have that in writing and are you considering the possibility of a plateau in difficulty rises? So that is a guess with a large margin of error which you fail to note. Total hash could be 75PH by then which would reduce the required capacity of our farm by 25% - future hash rate it is an unknown figure.
I didn't say anything about the difficulty  or how profitable it would be. My post entirely focused on the feasibility of bringing 1PH/s online by the end of Q2.

-The 4U expansion units are not 1TH each, there are 6 expansion cases and one master case for our full-sized 55nm-based 10.488TH/s rig giving a figure of 1.498TH/s per unit. You are such an expert (proved substantively wrong twice already today) but you couldn't work that out with available figures. So your guestimate on this figure is 50% out - because you didn't do the research.
As I said, it was a number picked to keep the math simple. I wouldn't be so quick to assume the 1498GH/s will actually get into a 4U chassis though, my simplified number might actually be closer to the truth. You're looking at 2kW just in the ASICs for that kind of hashrate and somewhere north of 2500W for the whole chassis.

-So we knock 33% off your 16k boards figure to give 10,666 boards.
Suddenly outlay and workload and investment in resources is reduced by a third - and that is fact not a guestimate.
Sure, if you want to. It was just a back of the hand number I picked to show scale. Your 10,666 boards isn't any more realistic though, unless Ken has confirmed the number of hashing boards in each 1.498TH/s unit.

-Wafer numbers - the UMC foundry we are using has a capacity of 45,000 12inch wafers per month. I can't find details on how many chips per wafer UMC will be fabbing.
What does the capacity of UMC have to do with the time it takes to finish a couple hundred wafers. It's not like if it takes 10 days at a fab that can do 4,500 wafers/day that UMC could do it in 1.

-The rest of your post is speculation. What are my time estimates on 10k boards? I don't have any, I'm not a PCB fabricator you would need to ask Ken's engineering team that one. Certainly your knowledge of the industry seem a bit sub-par so with respect I'll trust Ken's expert team on their estimates for this project over yours.
Of course the post is speculation. The company isn't transparent enough to make plans with anything resembling the full information. For the PCB time, for that quantity sub 1-week leads would probably be off the table at most vendors. I haven't quoted 10k pieces before (from the 3rd largest manufacturer in the US, which specializes in quicker turns), but I have gotten 1700pc quotes and while you might be able to shave a day or two off at that volume, be prepared to pay double or more for the privilege. Realistically you'd probably be looking at getting them made in China and taking a couple weeks, as doing an order that large with a quick turn in the US would probably cost you an extra couple hundred thousand dollars.

But I digress, it seems you've entirely missed the point of my post. It had nothing at all to do with the feasibility of making a 1PH/s mine. That is entirely possible, and there will probably be a couple 1PH/s mines around by the end of the year. It was only discussing the possibility of getting a 1PH/s mine up and running by the end of Q2.
legendary
Activity: 2478
Merit: 1020
Be A Digital Miner
minerpart/slaughter whoever you may be.
You need to be quiet when people that know are speaking.  
There are few ways that the slaughters can avoid prosecution but one of them is to actual get something going.   When people are posting information that ken needs to read and consider, you need to stay off the thread.   What you have in the last two pages are MANY pieces of information that Ken will need to know (and likely does not) and it might just help him get something done.   In addition to that, there is your pollution.
the last thing bitcoin needs is more blowups with whiny little bitches like you complaining to the press that you lost your investment.   The more you post about details you do not understand, the more people who do know things realize what a fool you are.   My greatest fear is that you actually might be a slaughter because if you are, there is no chance this ends well.  Arrogance combined with ignorance rarely breeds success.
It is time Ken starts asking for help so he can get something done.  There are tons of people here that have already done what he needs to do and many of them would be willing to help.
Want to make some BTC Minerpart?  
Find me this 1.7 cents per kW/h electricity in the USA (all in cost for baseloaded power, that does not require an economic development review (ie. you do not have to hire xx number of people and start a factory since a data center does not do that) and I will give you 5 btc.    If you are interested in spending your time doing that, tell me and I will define fully what you need to do (the hurdle will not be high, I will just need confirmable proof from the utility, or federal power authority so after you find it, you will need to budget a day getting me the package together).  
member
Activity: 106
Merit: 10
I'd like to call something out as well.

So based on my math with the 55nm chip using 16 chips per card we come up around 3TH per "Set". Ken indicated 10.xxx before... but based on some quick math at 1.9GH per chip that's 5520 total chips or 57.5 chips per card. Packaged at 11x11 anyone care to guess the total size of a card to include 57.5 chips per card?

Am I missing something?
hero member
Activity: 630
Merit: 500
again you show your maturity by "cleverly" changing someone's name to something that tries to make it seem like they are less intelligent than you.

Sorry it was a typo, don't get so wound up.

really, so all the times you have typed it that way and have done that to several other users on this forum have been nothing but typos?  forgive me for thinking it was a deliberate debating tactic...
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