Author

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1189. (Read 3917058 times)

newbie
Activity: 12
Merit: 0
I'm interested in purchasing a largish number of shares (100's) if there's anyone who would prefer an off-market exchange to avoid slippage. PM me.
full member
Activity: 308
Merit: 102
So, what are the details ? When can we expect them - like options/packages and pricing. Thanks!
sr. member
Activity: 305
Merit: 250
I'd love to buy/import bulk into Canada (Vancouver) and resell/ship them.

Might make it easier for people who just want 1 or 2 without wanting to deal with shipping/customs.
newbie
Activity: 17
Merit: 0
sr. member
Activity: 358
Merit: 250
Would like to buy some of them..... Smiley
Where is the the shop?  Grin
sr. member
Activity: 310
Merit: 250
Birthdays!!! All of them.
full member
Activity: 236
Merit: 100
www.bitcoingem.com
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo

Friedcat, I dream about PCIe card with size similar to GPU, taking about the same 300W, using similar cooling and using 100 of your chips.

Any chance to get this into reality? The market would be fantastic for this.

Really good idea. A drop in replacement for GPU cards with a huge installed base that will already have power, housing, cooling, network, mobo, etc infrastucture in place. Makes huge amount of sense so probably v. cost effective and therefore marketable.
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
So it seems liked Asicminer not going to sell the chips?

TradeFortress is right. Asicminer will sell complete miner but friedcat didnt say what kind of miner it will be. The only thing known is that these miners will be auctioned. That means a probably high price. The advantage is that the miners will already exist if one wins the auction. Its not like with the other companies where you only can prebuy.

But only the asic chips wont be sold by Asicminer because it doesnt make sense.
hero member
Activity: 752
Merit: 500
bitcoin hodler


This is really awesome! ASICMINER is now my favorite BTC company!
legendary
Activity: 2772
Merit: 1028
Duelbits.com

I'd run naked for some of these babies Sad

Please put me on any list of buyers for this one and contact me when is available. Or if I have to sign the waiting list for it, please tell me where.
vip
Activity: 1316
Merit: 1043
👻
Chips as in individual chips. They'll sell miners like the USB one, in a usable form (not just the chips) for a nicer markup.
sr. member
Activity: 406
Merit: 250


"Posts: 929


View Profile Personal Message (Offline)

Ignore
   
   
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
Today at 01:07:28 PM
   
Reply with quote  #3301
Quote from: ursa on April 12, 2013, 04:46:09 PM
Friedcat,
Do you sell bare ASICS and provide the necessary files for DIY? ( for a large order....>$100K)

I asked friedcat already and he said Asicminer wont do this because it wouldnt make sense. Asicminer can create full miners very cheap, thats their advantage. So selling the chips alone wont happen.

The only company that will chips in quantities >10000 is avalon and they now create documentary for the Asics."

So it seems liked Asicminer not going to sell the chips?
sr. member
Activity: 364
Merit: 252
I believe those one chip USB devices are limited to 300 MH/s due to standard USB-port power limitations (maybe).

As per page one of this thread a board with 36 chips would hash approx. 14.112 GH/s.

Hopefully they will add a secondary power input for the greedy among us  Grin 
They could do the dual usb piggy back trick that some of the usb hdd's use.
hero member
Activity: 491
Merit: 500
I believe those one chip USB devices are limited to 300 MH/s due to standard USB-port power limitations (maybe).

As per page one of this thread a board with 36 chips would hash approx. 14.112 GH/s.
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
Friedcat,
Do you sell bare ASICS and provide the necessary files for DIY? ( for a large order....>$100K)

I asked friedcat already and he said Asicminer wont do this because it wouldnt make sense. Asicminer can create full miners very cheap, thats their advantage. So selling the chips alone wont happen.

The only company that will chips in quantities >10000 is avalon and they now create documentary for the Asics.

You await that you can buy a miner with 36BTC? What hashrate do you await for this? Or do you want to take part in a groupbuy? I think the miners wont be small so that most users wont have the money and have to go group buy route.

The large scale boards that friedcat has has something like 24 or 36 chips on them, and Bitcoin is already going to cross $100 again.

Yes, i know. But a big miner with 36 chips on it would have 10.8GH/s and use 90Watt. A price of 36BTC (1BTC=$100) would mean that the miner paid for itself in 54 days. I dont think that will happen when such miner is auctioned. Check the avalon-auctions on ebay... the prices are high for money machines if auctioned. And Asicminer will send out the machine in days. Its not preselling.
Thats the reason i believe that 36BTC will only be a fraction of the endprice of a auction.

The small miners... if one would pay 3BTC for it he could get the investment back in 174 days. I think its not far fetched to get such or even higher prices.

Wow, I lol'd. With 5 bucks and a trip to RadioShack I can produce you an exact replica of whatever the heck this is. Give us picture of your supposedly "real" facility where all the supposedly "real" equipment resides. This will "surely" convince us you are for real!

Asicminer doesnt have to proof that its real because they already proofed that. They have running asics. When you check at BTC Guild then its the biggest miner there. They paid out many bitcoins since. I dont see how it could be a scam.

The amazing thing about small products is that you can charge a lot more hashrate wise. People want a cute USB ASIC miner, and even if it's four times the price per MH as other ASIC offerings or what there will still be a lot of people who buy it.

I believe your right. The prices for such small device will be high. Because way more people can afford the smaller price because its only 300MH/s and because its simply a sweat nice thing to have. Maybe some day it gets value in its own because only some units exist... *lol* With that ill say that someone will pay more than it will be worth, only to have it.
For creating a high performance miner it wont be so good of course.

Maybe it would be best to auction some of these and some bigger miners. Im not sure if its less cost/work to put one chip into such small device or if its more effective to put 36 chips into one device. The last option has the disadvantage that the price per miner will be so high that less can afford it and bid on it. But at 10.8GH/s (36 chips) that problem is rather small.

Seems like the news is pumping up share price. Will the new device affect dividends somehow?

if we sell them, yes...

But the monthly dividents from the 67 TH/s will be lower because all those sticks will increase the difficulty Wink

Maybe the best thing would be selling those sticks with an integrated miner mining 50% for the customer, and 50% for ASICMINER.
This way te price of the stick can be lower AND ASICMINER will profit double from it Cheesy

Its not such a big problem because miners sold by asicminer will be auctioned. That means they will get a maximum price. So its not that bad if you get the income from mining for maybe 9 months in one auction. Its not such a bad thing then anymore.
sr. member
Activity: 322
Merit: 252
Seems like the news is pumping up share price. Will the new device affect dividends somehow?

if we sell them, yes...

But the monthly dividents from the 67 TH/s will be lower because all those sticks will increase the difficulty Wink

Maybe the best thing would be selling those sticks with an integrated miner mining 50% for the customer, and 50% for ASICMINER.
This way te price of the stick can be lower AND ASICMINER will profit double from it Cheesy
member
Activity: 72
Merit: 10
Are the bare ASICS or the USBMINERS going out in the wild or not?
DBG
member
Activity: 119
Merit: 100
Digital Illustrator + Software/Hardware Developer
USB 2.0 allows max 500mA (USB 3, 900mA). That is 2.5 watts max, for the hashrate of a 150W 5830. I think you just invented your own money press; name your price.

Note, this is reasonable but near the limit based on first post info: 8J/GH = 2.4W per 300MH/s

Just keep in mind that those are the standards rates we are used to for unit loads on high powered devices but by no means a hard limit (although I've fried my share of USB cabling in the name of hobby experimentation).  Thanks to the advent of "charging ports", more power can be pumped into both 2.0 and 3.0 ports (although adoption didn't really take off until 3.0).  Besides standalone wallwarts (i.e. I have a USB 2.0 microUSB port on my Pi, however I am feeding it 5v@1A to give myself room for overlocking as well as to feed the built-in USB ports) and the commonly seen iPad charger (which I believe draws 2.1A which is equal to 10 watts), most modern motherboards will have 1 USB 3.0 port dedicated to power deliver (often marked as PD, or D+/D-) which actually has a limit of 100w at 20v (blame Kano for getting me more into USB power management and communication).

I think we can all agree that a farm of these units wouldn't be the best idea (although it'd be great to be able to have a few to hash away on work/library/friend's computer, esp. if a no-fuss setup could be created) and personally I think these units could be sold for ~$20 USD (non-wholesale) and be profitable for everyone involved (this is a very rough estimate, but given the current difficulty rate, cost of bitcoin, average cost of electricity - which is the major advantage here - assuming the unit is sold at 20$ + 5$ s/h, you could make your money back within a couple a weeks but even heavily padding that, lets say a month).  Of course the focus is more likely on getting the second unit online than pumping out these little guys, but it seems likely that we'll see an option for user-end/consumer products being offered before the year is out... which is great because the ASIC market really needs more serious players.


Friedcat, I dream about PCIe card with size similar to GPU, taking about the same 300W, using similar cooling and using 100 of your chips.

Any chance to get this into reality? The market would be fantastic for this.

I think heat displacement might become an issue, although I don't have all of the technical details.  It would be great to have a 30GH/sec card that you could just slide into a PCI-e 1x slot (lol you could build your own Avalon with 2 cards and still have a working PC to boot =p). 100x130nm chips would take up very little real estate, but if the USB example picture show only has one chip yet needs such a large heatsink, it makes you wonder.

Just on thought.

Does Asicminer plan to accept $, € or other fiat currencies for the devices or are you going to accept Bitcoin only?

Because if you plan to accept Fiat Currencies, that would be awesome. As you have to pay your shareholders in BTC that would mean that you would be the first real would Company that transfers earnings into BTC and that would mean a constant money flow from FIAT into BTC as long as you sell your Products.

Just a simple thought.

While I have great faith in Bitcoin as a very real long-standing currency, the market is wildly in flux at the moment.  I think most people want to avoid the issue that was presented by paying for BFL ASIC hardware in Bitcoins (while BFL didn't make out like bandits since all bitcoins received were immediately exchanged into USD, anyone who attempts to obtain a refund at this point no doubt feels unlucky to say the least).  Of course if the Asicminer team doesn't take pre-orders, but actually has stock which they can immediately fulfill (or say "Currently Out of Stock") then the issue is moot.

Sent from my Incredible 4G LTE using Tapatalk 2
Jump to: