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Topic: [ANN] Fibonacci Info and questions - page 15. (Read 104192 times)

hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
January 10, 2014, 09:17:26 AM
This week is going to be fun.
sr. member
Activity: 378
Merit: 250
January 10, 2014, 09:05:08 AM
Yes, we are all Fiat Killers! whoop whoop
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
January 10, 2014, 01:13:52 AM
Lol, well that is one way to do it.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
January 10, 2014, 12:59:45 AM
Some of us will be mining other alt-coins, so don't worry too much about Litecoin. If I ever launch DabsCoin, I'll be sure no one else can 51% it by having 51% myself. LOL.
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
January 10, 2014, 12:16:04 AM
Hmm interesting. Is there a limit on the number of Epsilon 32s you'll sell per customer?

Yes, we will actually be limiting their production overall. I do not have a figure yet, it will depend on how much of the total networks % we would effect by producing them.
legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
January 10, 2014, 12:12:38 AM
Hmm interesting. Is there a limit on the number of Epsilon 32s you'll sell per customer?
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
January 09, 2014, 11:40:19 PM
I have 4,700~ USD worth of assorted crypto. Engrave it on the PCB or I mean, print it on the Printed Circuit Board and I'm buying, and paying you now. Shall I send to LTCasicYDKQVGySmG5vwCiqiZFpMcr7oMi in 2.5 minutes?

hehe.

(okay, it's going to take longer than the next block, as it's scattered all over the place.)
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
January 09, 2014, 11:22:28 PM
Using this:

0.65$ with 10% discount if paying in LTC at 960 kh/s per chip.

I get this:
Recursion 1 = 960 KH/S = 561.6 USD in LTC
Axiom 16 = 15,360 KH/s = 8,985.60 USD in LTC
Epsilon 32 = 30,720 KH/s = 17,971.20 USD in LTC

And if you ever have 8 chips
"The Dabs Miner" 8 = 7,680 KH/S = 4,492.80 USD in LTC

Or you can label it "The Fiat Killer" too, since he suggested it.

Okay, I'm buying either 8~9~10 "Recursions" or 1 "The Dabs Miner".

Lmao, whats funny is we had (when this was an FPGA project) created a board with 4 and 8 chips. But they went bye bye when we started working on the ASIC.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
January 09, 2014, 10:51:57 PM
Using this:

0.65$ with 10% discount if paying in LTC at 960 kh/s per chip.

I get this:
Recursion 1 = 960 KH/S = 561.6 USD in LTC
Axiom 16 = 15,360 KH/s = 8,985.60 USD in LTC
Epsilon 32 = 30,720 KH/s = 17,971.20 USD in LTC

And if you ever have 8 chips
"The Dabs Miner" 8 = 7,680 KH/S = 4,492.80 USD in LTC

Or you can label it "The Fiat Killer" too, since he suggested it.

Okay, I'm buying either 8~9~10 "Recursions" or 1 "The Dabs Miner".
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
January 09, 2014, 08:11:26 PM
Posting git for open source pcb. https://github.com/losh11/aura-asic
sr. member
Activity: 434
Merit: 250
January 09, 2014, 07:51:34 PM
watching

You can click "watch" at the top of the page without needing to post to the thread.
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
January 09, 2014, 03:03:27 PM
After a review of the speeds we can fit on a single chip, we have come to the awesome conclusion that our prices do not need to be as high as they are currently!

Time to rejoice everyone, we will be moving our base cost to 0.65$ per khs with the same 10% discount for LTC payments.


Freakin' Awesome! I finally accumulated enough LTC to pay for what I'm thinking.

By the way, since most of us mine with 2-5 MHs total, you really should have an option for somewhere in the 3-6 chips range.
In some ways, buying all singles is better CYA, but if you had a 5MHs option I would just buy that. I might even splurge on
an 8 chip option IF it was available.

I do not think we will go live with a 8 chip option. More likely we will stick to a option for 1 or 16. But time will tell, the board we are using for open sourcing can be scaled up or down.
sr. member
Activity: 378
Merit: 250
January 09, 2014, 01:16:59 PM
After a review of the speeds we can fit on a single chip, we have come to the awesome conclusion that our prices do not need to be as high as they are currently!

Time to rejoice everyone, we will be moving our base cost to 0.65$ per khs with the same 10% discount for LTC payments.


Freakin' Awesome! I finally accumulated enough LTC to pay for what I'm thinking.

By the way, since most of us mine with 2-5 MHs total, you really should have an option for somewhere in the 3-6 chips range.
In some ways, buying all singles is better CYA, but if you had a 5MHs option I would just buy that. I might even splurge on
an 8 chip option IF it was available.
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
January 09, 2014, 11:53:50 AM
After a review of the speeds we can fit on a single chip, we have come to the awesome conclusion that our prices do not need to be as high as they are currently!

Time to rejoice everyone, we will be moving our base cost to 0.65$ per khs with the same 10% discount for LTC payments.
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
January 09, 2014, 09:51:22 AM
Hopefully everyone is happy with the power numbers.

Has anyone looked over the universal PCB we have on the earlier link?

To those that were wondering if we were capable of even making an ASIC, please review the design and let me know if your still on that wagon.
sr. member
Activity: 378
Merit: 250
January 09, 2014, 09:27:09 AM
You also have to factor in that the price of electricity is constantly rising. That is what most people
miss when they look at solar. Over five years, the value of what you are saving actually goes up.
hero member
Activity: 896
Merit: 1000
January 09, 2014, 04:16:29 AM
I've been watching this.    And because you don't want your 'stuff' to get copied you are asking us to pay you nearly $1.00 a Khash for you to 'host' your scrypt miners?

A major portion of securing the risk of Scrypt mining is having hardware in hand that is able to be re-sold at varying degrees of depreciation.  Even if your price was  cut by 2/3rds I would still consider increasing my GPU's a more calculated and secured risk.   I have total control over my investment and truthfully I can increase my hashing power at a lower price.   The cost of electricity is obviously a factor but  I suspect most serious miners have found solutions to get power more affordably. (coop buying, commercial rates etc)

And then we have next-gen GPU's which maybe be even more hash per dollar than our best previous ones.   All of which will depreciate slowly and have manageable risk profiles.

I'm not against scrypt asics,  I would LOVE to get my hands on some.  And it looks like you are kicking butt here.  I'm ready to double down on crypto-currencies.  But short of physically coming to see your stuff I need it in my hands immediately.

I agree with this.

By my calculation, the price of the ASIC miner has to be $0.6/kH/s to match that of AMD 7990 if we take into account the electricity cost and resell value of the gears.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
January 08, 2014, 11:50:21 PM
Try that dude who did Nano or Ice Fury? It was Open Source, no royalties, no licensing, just voluntary donations. Based on my earlier numbers, I think I can afford only 5 or 6 of the 1 chip miners.
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
January 08, 2014, 09:44:56 AM
What does 173.14159265 LTC buy? I want as much gigahash as I can afford. Smiley

That will be on the site soon.

And FYI to all developers that would like to join in on this project. We have need of some people to distribute it to, then the community can decide who will manage the main branch. If you would like to help with getting it cleaned up, please PM me your email and I will send you the download link.

https://litecointalk.org/index.php?topic=12567.msg92872#msg92872
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
January 08, 2014, 07:35:04 AM
What does 173.14159265 LTC buy? I want as much gigahash as I can afford. Smiley
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