[ANN] Fibonacci Info and questions - page 16.

jasinlee

hero member

Activity: 742

Merit: 500

Its as easy as 0, 1, 1, 2, 3

Quote from: Dabs on January 07, 2014, 04:17:50 AM

You could try talking to the guys that did those cute little BitFury miners. There was a Blue one, a Red one, a Bi (double), a Nano or Ice. ... I did escrow a small group buy for the blues. The group that initially did all the research and development is now gone, but the individuals who were part of that all know how to make the miners. I just handled payments.

Yeah I am aware of all of those but this is a 16 chip pcb design.

svojoe

legendary

Activity: 968

Merit: 1000

einc.io

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.

Dabs

legendary

Activity: 3416

Merit: 1912

The Concierge of Crypto

You could try talking to the guys that did those cute little BitFury miners. There was a Blue one, a Red one, a Bi (double), a Nano or Ice. ... I did escrow a small group buy for the blues. The group that initially did all the research and development is now gone, but the individuals who were part of that all know how to make the miners. I just handled payments.

jasinlee

hero member

Activity: 742

Merit: 500

Its as easy as 0, 1, 1, 2, 3

Quote from: Dabs on January 06, 2014, 02:18:52 AM

Errr, I must have missed it, where's the website to buy these? or it's not yet live? I don't see where. heheh.. probably too excited.

Dont get too excited yet, I will post the site as soon as we are ready to roll. Cheesy

I noted on the other forum, we are requesting a few people with PCB design experience to send me their emails. We are looking for a few people to "host" the project on their github. We had a secondary project many months ago, the intent was to make a PCB that could be utilized on any ASIC that is coming out. The items to note about this red head step child of our many projects is that although its labeled bitfury or klondike it is to be named "Aura" now so we can identify it easier. It is in kicad, we never finished the Altium and Eagle conversions. This will hopefully help with the issues the klondike project had with a semi incomplete board. This can be used by the open source community to develop boards that will function properly rather than guessing as usual. As this was shelved before completion months ago I may not have the newest release in the file, but if I come across a more current one I will resend it later and you can then add it to your github.

Dabs

legendary

Activity: 3416

Merit: 1912

The Concierge of Crypto

Errr, I must have missed it, where's the website to buy these? or it's not yet live? I don't see where. heheh.. probably too excited.

jasinlee

hero member

Activity: 742

Merit: 500

Its as easy as 0, 1, 1, 2, 3

Waiting on another competitor to come along. (This is in reference to shipping them.)

Msile

hero member

Activity: 658

Merit: 503

Quote from: jasinlee on January 05, 2014, 01:43:02 PM

Quote from: Msile on January 05, 2014, 01:27:58 PM

Not too sound annoying. But I want one, when can I get one? Tongue

Lets hope alpha is legit. Then it will be sooner rather than later.

Sooner than what?

jasinlee

hero member

Activity: 742

Merit: 500

Its as easy as 0, 1, 1, 2, 3

Quote from: Msile on January 05, 2014, 01:27:58 PM

Not too sound annoying. But I want one, when can I get one? Tongue

Lets hope alpha is legit. Then it will be sooner rather than later.

Msile

hero member

Activity: 658

Merit: 503

Not too sound annoying. But I want one, when can I get one? Tongue

erre

legendary

Activity: 1666

Merit: 1205

watching

grumpy619

sr. member

Activity: 546

Merit: 255

Will be watching this.. Hopefully price goes down.

jasinlee

hero member

Activity: 742

Merit: 500

Its as easy as 0, 1, 1, 2, 3

Quote from: hennessyhemp on January 02, 2014, 01:36:18 PM

Quote from: AGOOSTER on January 02, 2014, 01:14:25 PM

Quote from: jasinlee on January 02, 2014, 12:09:22 PM

Quote from: PhilippeStevens on January 02, 2014, 11:51:17 AM

Does that include power cost and everything else ?

Everything except a small fee to cover power. Each trusted host will likely have their own rates.

PLease help me understand and clarify if I have my numbers wrong. for 5400Khs X .90 it would run me $4860.00

I currently have a set up which runs 5400 khs and cost me roughly $5000 GPUs, the power costs me $5 a day, but I can control and switch to whatever scrypt I want at any time... Am I missing something? and Alpha which I am thinking about pre-ordering is providing 25000Khs for roughly $9000.

Please clarify if I am understanding wrong, thanks . Huh

Pretty sure that about sums it up, time of delivery is key for both this project and Alpha, as it is with most mining...though as far as I can tell...we're all early. Even the damned usb miners are delivering ROI for people that got in when they first came out, and I suspect anyone buying the hardware today will be greatly awarded for doing so ten years from now...probably much sooner...but especially in ten years.

The beauty of early adoption.

jasinlee

hero member

Activity: 742

Merit: 500

Its as easy as 0, 1, 1, 2, 3

Quote from: AGOOSTER on January 02, 2014, 01:14:25 PM

Quote from: jasinlee on January 02, 2014, 12:09:22 PM

Quote from: PhilippeStevens on January 02, 2014, 11:51:17 AM

Does that include power cost and everything else ?

Everything except a small fee to cover power. Each trusted host will likely have their own rates.

PLease help me understand and clarify if I have my numbers wrong. for 5400Khs X .90 it would run me $4860.00

I currently have a set up which runs 5400 khs and cost me roughly $5000 GPUs, the power costs me $5 a day, but I can control and switch to whatever scrypt I want at any time... Am I missing something? and Alpha which I am thinking about pre-ordering is providing 25000Khs for roughly $9000.

Please clarify if I am understanding wrong, thanks . Huh

5400khs*0.90=4860-10% = would be $4374 if paid in LTC.

You can also control and switch to other scrypt coins. If you would prefer to use Alpha, I suggest https://litecointalk.org/index.php?topic=2859.0 doing some research first. We do not view Alpha as viable competition.

hennessyhemp

hero member

Activity: 511

Merit: 500

Hempire Loading...

Quote from: AGOOSTER on January 02, 2014, 01:14:25 PM

Quote from: jasinlee on January 02, 2014, 12:09:22 PM

Quote from: PhilippeStevens on January 02, 2014, 11:51:17 AM

Does that include power cost and everything else ?

Everything except a small fee to cover power. Each trusted host will likely have their own rates.

PLease help me understand and clarify if I have my numbers wrong. for 5400Khs X .90 it would run me $4860.00

I currently have a set up which runs 5400 khs and cost me roughly $5000 GPUs, the power costs me $5 a day, but I can control and switch to whatever scrypt I want at any time... Am I missing something? and Alpha which I am thinking about pre-ordering is providing 25000Khs for roughly $9000.

Please clarify if I am understanding wrong, thanks . Huh

Pretty sure that about sums it up, time of delivery is key for both this project and Alpha, as it is with most mining...though as far as I can tell...we're all early. Even the damned usb miners are delivering ROI for people that got in when they first came out, and I suspect anyone buying the hardware today will be greatly awarded for doing so ten years from now...probably much sooner...but especially in ten years.

AGOOSTER

newbie

Activity: 28

Merit: 0

Quote from: jasinlee on January 02, 2014, 12:09:22 PM

Quote from: PhilippeStevens on January 02, 2014, 11:51:17 AM

Does that include power cost and everything else ?

Everything except a small fee to cover power. Each trusted host will likely have their own rates.

PLease help me understand and clarify if I have my numbers wrong. for 5400Khs X .90 it would run me $4860.00

I currently have a set up which runs 5400 khs and cost me roughly $5000 GPUs, the power costs me $5 a day, but I can control and switch to whatever scrypt I want at any time... Am I missing something? and Alpha which I am thinking about pre-ordering is providing 25000Khs for roughly $9000.

Please clarify if I am understanding wrong, thanks . Huh

Tomatocage

legendary

Activity: 1554

Merit: 1222

brb keeping up with the Kardashians

Quote from: cokeman2 on January 02, 2014, 12:31:50 PM

seems to be a very good idea ,but wont litecoin(and other coins ) end up like bitcoin then? only can mine with elite hardware ...making it out of reach for the common people ?

Not necessarily. The issue with ASIC vs GPU under SHA256 is that ASICs hashing power scaled exponentially compared to GPUs. From the numbers that Jasinlee has posted, Scrypt ASICs offer a near 1:1 hash speed compared to GPUs. The real advantage of these 1st gen Scrypt ASICs will be power consumption and density. That's going to be a huge advantage for those of us who have a high cost per kWh.

jasinlee

hero member

Activity: 742

Merit: 500

Its as easy as 0, 1, 1, 2, 3

Quote from: cokeman2 on January 02, 2014, 12:31:50 PM

seems to be a very good idea ,but wont litecoin(and other coins ) end up like bitcoin then? only can mine with elite hardware ...making it out of reach for the common people ?

That will be addressed also, we have discounted hardware options in the works also.

cokeman2

newbie

Activity: 27

Merit: 0

seems to be a very good idea ,but wont litecoin(and other coins ) end up like bitcoin then? only can mine with elite hardware ...making it out of reach for the common people ?

jasinlee

hero member

Activity: 742

Merit: 500

Its as easy as 0, 1, 1, 2, 3

Quote from: PhilippeStevens on January 02, 2014, 11:51:17 AM

Does that include power cost and everything else ?

Everything except a small fee to cover power. Each trusted host will likely have their own rates.

PhilippeStevens

full member

Activity: 214

Merit: 100

Does that include power cost and everything else ?

Topic: [ANN] Fibonacci Info and questions - page 16. (Read 104134 times)