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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 237. (Read 3917468 times)

sr. member
Activity: 316
Merit: 250
So I received mine today & finished assembling them. When powered on I can get it to identify all 4 boards. However only 1 or 2 will mine. The board that mines isn't always #1. It seems to be random (after mining for approx 10 minutes Asics on the good board start to go bad). The dip switches are done correctly. How they are powered isn't the issue. Originally was using a 1200w psu. Added another 850 with each board having 2 pci-e. Didn't make a difference.  Have also used different controllers.
Any ideas or something that I am missing?  Have tried 3 of 10 with same results so far

This is the first one I've now heard of out in the wild. Glad to see a short time between paying and having the miner in hand. Seems like this customer is experiencing a problem though.
legendary
Activity: 896
Merit: 1001
8btc will conduct an exclusive interview with FC/Asicminer lately.
Please leave your questions for FC/Asicminer in this--> thread.

When will the interview take place?  Will it be a video interview or text?
legendary
Activity: 1621
Merit: 1000
news.8btc.com
8btc will conduct an exclusive interview with FC/Asicminer lately.
Please leave your questions for FC/Asicminer in this--> thread.
sr. member
Activity: 253
Merit: 250
i recommend buying the asicminer.co domain from me and turning it into a proper site.
legendary
Activity: 1260
Merit: 1002
I dont get it, the website is a total mess. How can you offer miners worldwide without a proper version in both chinese and english (+ with some sort of basic 'basket' payement system!)?
Wtf do they only sell via PMs and emails?!
hero member
Activity: 644
Merit: 500
Invest & Earn: https://cloudthink.io
Something is lacking somewhere. There is equipment in hand yet the hardware thread is dead and other companies have pre-orders filled for miles.
I think people are reluctant to buy miners when the hashrate keeps flying up

Also there may be some hesitation due to efficiency.  It'd be nice to see what could be done chasing efficiency with the BE200 instead of max HR.

I think the lack of first hand English information on Asicminer is to blame, I mean... most all the information you can find on the company is in this thread... for most people that looks shady as fuck.  Sure most people in the know consider AM the best mining company in existence in terms of how they have conducted themselves relative to competition... but the PR game is only now being addressed.

Another issue for me at least was that FC wants to sell lots of units, I am still debating on buying one right now from Canary... or waiting till the difficulty goes up and people are dumping them.  I mostly want one just to sit on my desk because they look sexy as fuck!
legendary
Activity: 1512
Merit: 1000
Something is lacking somewhere. There is equipment in hand yet the hardware thread is dead and other companies have pre-orders filled for miles.
I think people are reluctant to buy miners when the hashrate keeps flying up

Also there may be some hesitation due to efficiency.  It'd be nice to see what could be done chasing efficiency with the BE200 instead of max HR.
hero member
Activity: 574
Merit: 500
Something is lacking somewhere. There is equipment in hand yet the hardware thread is dead and other companies have pre-orders filled for miles.
I think people are reluctant to buy miners when the hashrate keeps flying up
sr. member
Activity: 316
Merit: 250
Something is lacking somewhere. There is equipment in hand yet the hardware thread is dead and other companies have pre-orders filled for miles.
hero member
Activity: 560
Merit: 500
From the Hardware thread:

1. The miner can not directly run with f2pool. If you want to mine on f2pool, you need a PC or a raspberry PI
with a mining proxy. The ethernet controller needs to be pointed to the proxy instead of the pool.

2. We now offer the shipping of fully assembled devices. If you need them to be shipped as a whole please specify
in your order. We still prefer separate shipping though, because it will reduce the potential shipping damage significantly.

3. The ethernet controller needs a 12V 1A DC input. You could either use a separate AC/DC for it, or wire one
directly from your PSU for the hashing boards.

4. Shipping to countries outside mainland China is free.
hero member
Activity: 756
Merit: 500
We are now at 200 Petahash for the Bitcoin network, and it is still growing as we speak. There is a good chance FriedCat has something to do with this, I would be patient over the rest of August as this story unfolds. If the price of Bitcoin stays in the $500-$600 USD range, rising difficulty and dropping BTC price will push many of AM's competition into a situation where they either mine at a loss and wait for the price to ramp up, or turn off their miners.

In the approaching environment, whomever can deploy hashrate onto the network at the cheapest cost per GH is going to make bank. AM may well flood the network with cheap to run Gen3 chips and put the hurting on the competition. This is in-line with ASIC MINER's stated goal for the remainder of 2014, so we could see some fireworks soon (along with a lot of upset miners).




What's AM's power cost?  Is it significantly better than the competition?
legendary
Activity: 826
Merit: 1004
Yep, they should.  Even with a pool fee for outsiders of something small like 0.1%, this would begin to offset electrical costs for hosting the servers, etc and of the overall operation.  And its a much smaller fee than most pools, so I'm sure you'd start to see some pull-back from other pools as people switched.  It would also make the AM pool larger, decreasing the variance between blocks (and therefore should add value to the share price in this manner).

I created a poll recently about what method people would prefer AM to use for mining.

The results are currently as follows:

P2P = 36.4%
Solo-mining = 34.5%
Own pool = 29.1%
Already established pool = 0%
legendary
Activity: 896
Merit: 1001
We are now at 200 Petahash for the Bitcoin network, and it is still growing as we speak. There is a good chance FriedCat has something to do with this, I would be patient over the rest of August as this story unfolds. If the price of Bitcoin stays in the $500-$600 USD range, rising difficulty and dropping BTC price will push many of AM's competition into a situation where they either mine at a loss and wait for the price to ramp up, or turn off their miners.

In the approaching environment, whomever can deploy hashrate onto the network at the cheapest cost per GH is going to make bank. AM may well flood the network with cheap to run Gen3 chips and put the hurting on the competition. This is in-line with ASIC MINER's stated goal for the remainder of 2014, so we could see some fireworks soon (along with a lot of upset miners).





Let's just hope that fireworks are beautiful and not explosions of terror.
hero member
Activity: 938
Merit: 502
We are now at 200 Petahash for the Bitcoin network, and it is still growing as we speak. There is a good chance FriedCat has something to do with this, I would be patient over the rest of August as this story unfolds. If the price of Bitcoin stays in the $500-$600 USD range, rising difficulty and dropping BTC price will push many of AM's competition into a situation where they either mine at a loss and wait for the price to ramp up, or turn off their miners.

In the approaching environment, whomever can deploy hashrate onto the network at the cheapest cost per GH is going to make bank. AM may well flood the network with cheap to run Gen3 chips and put the hurting on the competition. This is in-line with ASIC MINER's stated goal for the remainder of 2014, so we could see some fireworks soon (along with a lot of upset miners).




+1

why not AM build a public hashrate pool? The affiliates can join this pool, then the pool will be big enough to attract outsiders. Our dividends will include the fees, at least AM's affiliates don't need to pay the fee to other pools.

Yep, they should.  Even with a pool fee for outsiders of something small like 0.1%, this would begin to offset electrical costs for hosting the servers, etc and of the overall operation.  And its a much smaller fee than most pools, so I'm sure you'd start to see some pull-back from other pools as people switched.  It would also make the AM pool larger, decreasing the variance between blocks (and therefore should add value to the share price in this manner).
hero member
Activity: 617
Merit: 559
We are now at 200 Petahash for the Bitcoin network, and it is still growing as we speak. There is a good chance FriedCat has something to do with this, I would be patient over the rest of August as this story unfolds. If the price of Bitcoin stays in the $500-$600 USD range, rising difficulty and dropping BTC price will push many of AM's competition into a situation where they either mine at a loss and wait for the price to ramp up, or turn off their miners.

In the approaching environment, whomever can deploy hashrate onto the network at the cheapest cost per GH is going to make bank. AM may well flood the network with cheap to run Gen3 chips and put the hurting on the competition. This is in-line with ASIC MINER's stated goal for the remainder of 2014, so we could see some fireworks soon (along with a lot of upset miners).


member
Activity: 103
Merit: 10
why not AM build a public hashrate pool? The affiliates can join this pool, then the pool will be big enough to attract outsiders. Our dividends will include the fees, at least AM's affiliates don't need to pay the fee to other pools.
hero member
Activity: 526
Merit: 500
Update
1. Due to the relatively lower interest from individual miners as well as OEM producers, the self mining has re-started from middle of July. We had gain access of cheap electricity and high power capacity. We hope to regain the average hashrate percentage similar to 2013 with this generation of chips.

Why aren't bitcoins from one month mining distributed to the shareholders? And why isn't AM hashrate or mining address public ? ? ?

And what about that promised interview ?  Roll Eyes ffs...


Poor guy you are.  That bag must be heavy by now.   May I suggest you lighten it?   I could use some more shares at the current rate.
sr. member
Activity: 378
Merit: 250
Update
1. Due to the relatively lower interest from individual miners as well as OEM producers, the self mining has re-started from middle of July. We had gain access of cheap electricity and high power capacity. We hope to regain the average hashrate percentage similar to 2013 with this generation of chips.

Why aren't bitcoins from one month mining distributed to the shareholders? And why isn't AM hashrate or mining address public ? ? ?

And what about that promised interview ?  Roll Eyes ffs...

What is the reason to announce that AM re-started the self-mining when all bitcoins goes to the private hands?
legendary
Activity: 3808
Merit: 7912
We had gain access of cheap electricity and high power capacity.

Does anyone know what "cheap electricity" can realistically mean in China?
The equivalent of about $0.1/kWh? More? Less?
I realize we can't know for sure, but maybe someone knows what is possible in China.

 There's not going to be any cheap power in China.  They have problems with pollution and smog due to the fact that around 80% of their electricity production is fossil-based (and about 60% of that is coal).  Hell they are still trying to stop people from burning coal in their little 30m2 flats for heat.  Pushing these people into the electricity market is sure to put a burden on their already strained grids.  Presently they are implementing incentives for solar, wind, gas and other "clean" energy alternatives and pushing a conservation agenda with a tiered rating structure based on consumption which means higher rates with higher consumption. 

 The cheap power is in Washington state, good ole USA.

The rates I have seen for China are  $0.08 USD/kWh and up for residential and $0.12 USD/kWh and up for non-residential, non-industrial.  There is cheap power for farmers in poor areas which is around $0.03USD/kWh but you don't want to get caught running a mining farm there or you will surely be a friedcat.
full member
Activity: 141
Merit: 100
We had gain access of cheap electricity and high power capacity.

Does anyone know what "cheap electricity" can realistically mean in China?
The equivalent of about $0.1/kWh? More? Less?
I realize we can't know for sure, but maybe someone knows what is possible in China.
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