Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 172. (Read 3917058 times)
October 07, 2014, 03:08:29 AM
Thanks, very interesting.
October 07, 2014, 03:05:32 AM
October 07, 2014, 03:00:25 AM
But only AM is selling at ~$330/TH. Spondoolies is advertising $650/TH ... for a pre-order. And my understanding is that other producers are even more expensive?
Its not because they are asking that much to individual miners and their costs are anything like that.
Even so, if we were to calculate with $700/TH, we get this:
October 07, 2014, 02:59:05 AM
can you share the spreadsheet?
October 07, 2014, 02:56:16 AM
Doesn't matter what the J/GH is if you can never recover the capital cost of miners even with free electricity, which is where bitcoin mining stands right now.
You couldnt be more wrong. Here is a chart for you:
It shows the network speed where miners would break even after 2 years using the listed assumed variables. Even in the current climate and with current efficiency, we are no were near where (industrial) mining would not be profitable. And the effect of power efficiency is quite dramatic if you consider reasonable electricity cost price ranges (~0.06 / KWh)
But only AM is selling at ~$330/TH. Spondoolies is advertising $650/TH ... for a pre-order. And my understanding is that other producers are even more expensive?
At which price per TH does it not become profitable to mine anymore, even if you get free electricity?
October 07, 2014, 02:43:38 AM
Doesn't matter what the J/GH is if you can never recover the capital cost of miners even with free electricity, which is where bitcoin mining stands right now.
You couldnt be more wrong. Here is a chart for you:
It shows the network speed where miners would break even after 2 years using the listed assumed variables. Even in the current climate and with current efficiency, we are no were near where (industrial) mining would not be profitable. And the effect of power efficiency is quite dramatic if you consider reasonable electricity cost price ranges (~0.06 / KWh)
October 06, 2014, 09:59:38 PM
*grabbing popcorn
October 06, 2014, 05:08:06 PM
No reason to argue back and forth.
Shush. This is gunna get good.
October 06, 2014, 04:49:13 PM
right, still AM's capacity is not the same too.
But nowhere to be seen!
they at least have produced 60Ph more. bitch.
Produced is not equal to having online!
and selling is not equal to be produced. tell this to spongebobtech.
No reason to argue back and forth.
sure ^^
power to FC teh almighty.
October 06, 2014, 04:44:46 PM
right, still AM's capacity is not the same too.
But nowhere to be seen!
they at least have produced 60Ph more. bitch.
Produced is not equal to having online!
and selling is not equal to be produced. tell this to spongebobtech.
No reason to argue back and forth.
October 06, 2014, 04:38:08 PM
right, still AM's capacity is not the same too.
But nowhere to be seen!
they at least have produced 60Ph more. bitch.
Produced is not equal to having online!
and selling is not equal to be produced. tell this to spongebobtech.
October 06, 2014, 04:30:35 PM
right, still AM's capacity is not the same too.
But nowhere to be seen!
they at least have produced 60Ph more. bitch.
Produced is not equal to having online!
October 06, 2014, 04:05:37 PM
right, still AM's capacity is not the same too.
But nowhere to be seen!
they at least have produced 60Ph more. bitch.
October 06, 2014, 04:04:05 PM
right, still AM's capacity is not the same too.
But nowhere to be seen!
October 06, 2014, 03:45:52 PM
Doesn't matter what the J/GH is if you can never recover the capital cost of miners even with free electricity, which is where bitcoin mining stands right now.
nah, 350$/btc is still much better than last year.
right, still AM's capacity is not the same too.
October 06, 2014, 03:35:51 PM
Doesn't matter what the J/GH is if you can never recover the capital cost of miners even with free electricity, which is where bitcoin mining stands right now.
nah, 350$/btc is still much better than last year.
October 06, 2014, 01:20:39 PM
Didnt see this posted here yet, and in fact, I hadnt seen it anywhere, but might be relevant to you:
BitFury plans to achieve 0.2 Joules-per-Gigahash (J/GH) in its high powered mining centers by the end of this year, with plans to improve to an astounding sub 0.1 J/GH by “mid-2015[.]”
http://cointelegraph.com/news/112520/bitfury-announces-02-jgh-energy-efficiency-plans-sub-01-jgh-by-mid-2015
BitFury plans to achieve 0.2 Joules-per-Gigahash (J/GH) in its high powered mining centers by the end of this year, with plans to improve to an astounding sub 0.1 J/GH by “mid-2015[.]”
http://cointelegraph.com/news/112520/bitfury-announces-02-jgh-energy-efficiency-plans-sub-01-jgh-by-mid-2015
0.2 J/GH was what Gen 3 asicminer chips were simulated to achieve at 40nm but unforeseen heat problems in the design were encountered in actual chip testing. Friedcat stated that these heat problems were solved going into Gen4 so I guess we will have to wait and see in both cases. Whatever happens, we'll have interesting stories to tell the great grand kids while rocking on the back porch.
0.2 J/GH would be amazing.
0.2 J/GH + liquid cooling from DataTank = huge hashrate
October 06, 2014, 12:46:59 PM
Doesn't matter what the J/GH is if you can never recover the capital cost of miners even with free electricity, which is where bitcoin mining stands right now.
nah, 350$/btc is still much better than last year.
edit:
Nevermind the fact that it's *still* up 270% over the last 12 months, and 2700% over the past two years. These guys always seem to leave that part out...
October 06, 2014, 12:42:52 PM
Doesn't matter what the J/GH is if you can never recover the capital cost of miners even with free electricity, which is where bitcoin mining stands right now.
October 06, 2014, 12:03:02 PM
Didnt see this posted here yet, and in fact, I hadnt seen it anywhere, but might be relevant to you:
BitFury plans to achieve 0.2 Joules-per-Gigahash (J/GH) in its high powered mining centers by the end of this year, with plans to improve to an astounding sub 0.1 J/GH by “mid-2015[.]”
http://cointelegraph.com/news/112520/bitfury-announces-02-jgh-energy-efficiency-plans-sub-01-jgh-by-mid-2015
BitFury plans to achieve 0.2 Joules-per-Gigahash (J/GH) in its high powered mining centers by the end of this year, with plans to improve to an astounding sub 0.1 J/GH by “mid-2015[.]”
http://cointelegraph.com/news/112520/bitfury-announces-02-jgh-energy-efficiency-plans-sub-01-jgh-by-mid-2015
0.2 J/GH was what Gen 3 asicminer chips were simulated to achieve at 40nm but unforeseen heat problems in the design were encountered in actual chip testing. Friedcat stated that these heat problems were solved going into Gen4 so I guess we will have to wait and see in both cases. Whatever happens, we'll have interesting stories to tell the great grand kids while rocking on the back porch.
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