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Topic: Bitfury: "16nm... sales to public start shortly" - page 62. (Read 108494 times)

legendary
Activity: 1453
Merit: 1011
Bitcoin Talks Bullshit Walks
I dont think bitfury is even testing in the ph range with these chips yet.. If you look at the chart http://data.bitcoinity.org/bitcoin/hashrate/30d?c=m&t=a Check out the hash spike and who caused it..  why would bitfury throw 100 peta to f2pool and antpool?.. If i had a guess id say this is all bitmain farms causing the spike.. Be good to see another price war if you ask me. Is always better for the consumer.. With bitmain latest round of pricing.  its grossly apparent we need more than one company selling miners.  BW.com is vaporware as of yet so cant really compare their low price per ths.. Its another cloud atm Roll Eyes  Be nice to see these roll out in january. My plan already is to hold on buying miners. Hashrate is going to 1 eh easy without bitfury help.. Looking forward to how this unfolds

Best Regards
d57heinz
legendary
Activity: 1428
Merit: 1000
https://www.bitworks.io

It will not be "small guys" most likely.  If your a company making miners most likely is who they would sell to, the question is what MOQ dogie mentioned is required.

It's really early to tell what will happen. I'm not sure hat will happen if they keep pumping these out, difficulty is going crazy is all we know 100 percent.
Actually quite the opposite. We are focused on maximum distribution on all levels. Minimum order quantity (at least in my shop) will be 1 chip.

I wonder what prompted the massive change in direction.. Traditionally Bitfury has been harder to get hardware from than just about anyone.. Even 7 figure deals don't motivate them to sell anything at the moment.. Not complaining just very surprised..
hero member
Activity: 588
Merit: 500
Actually quite the opposite. We are focused on maximum distribution on all levels. Minimum order quantity (at least in my shop) will be 1 chip.

That is great news, please keep us informed as to progress. What are your plans on release of the Interface and Control Specification for the chips?


Rich
legendary
Activity: 3808
Merit: 1723
Up to 300% + 200 FS deposit bonuses

It will not be "small guys" most likely.  If your a company making miners most likely is who they would sell to, the question is what MOQ dogie mentioned is required.

It's really early to tell what will happen. I'm not sure hat will happen if they keep pumping these out, difficulty is going crazy is all we know 100 percent.
Actually quite the opposite. We are focused on maximum distribution on all levels. Minimum order quantity (at least in my shop) will be 1 chip.

Any estimate date when we will be able to buy these miners and chips?
hero member
Activity: 560
Merit: 500

It will not be "small guys" most likely.  If your a company making miners most likely is who they would sell to, the question is what MOQ dogie mentioned is required.

It's really early to tell what will happen. I'm not sure hat will happen if they keep pumping these out, difficulty is going crazy is all we know 100 percent.
Actually quite the opposite. We are focused on maximum distribution on all levels. Minimum order quantity (at least in my shop) will be 1 chip.
legendary
Activity: 1666
Merit: 1185
dogiecoin.com
See the diff rise?? That's the proof  Wink

Its not.... This announcement is based on a small number of engineering sample chips not deployment.
legendary
Activity: 2212
Merit: 1001
i really hope they think of the small guys also and make "for domestic use" miners that are affordable,efficient electricity wise and can hash at a level that can give us an interesting ROI given how we will be going into exahashes soon and the difficulty level will be very high also.

It will not be "small guys" most likely.  If your a company making miners most likely is who they would sell to, the question is what MOQ dogie mentioned is required.

It's really early to tell what will happen. I'm not sure hat will happen if they keep pumping these out, difficulty is going crazy is all we know 100 percent.

That's exactly what they want,the whole Bitcoin network to themselves,not just Bitfury,but KnC,Spoondolies,etc... & maybe even Bitmain,eventually.......  Roll Eyes

I doubt very seriously that Bitfury is going to offer any "small" quantities for us "home" miners.

See the diff rise?? That's the proof  Wink

Unlikely sidehack or anyone gets to buy chips,unless it's a huge/expensive amount in fiat or quantity.So fuhgetaboutit  Cheesy
legendary
Activity: 1456
Merit: 1000
i really hope they think of the small guys also and make "for domestic use" miners that are affordable,efficient electricity wise and can hash at a level that can give us an interesting ROI given how we will be going into exahashes soon and the difficulty level will be very high also.

It will not be "small guys" most likely.  If your a company making miners most likely is who they would sell to, the question is what MOQ dogie mentioned is required.

It's really early to tell what will happen. I'm not sure hat will happen if they keep pumping these out, difficulty is going crazy is all we know 100 percent.
member
Activity: 84
Merit: 10
★777Coin.com★ Fun BTC Casino!
i really hope they think of the small guys also and make "for domestic use" miners that are affordable,efficient electricity wise and can hash at a level that can give us an interesting ROI given how we will be going into exahashes soon and the difficulty level will be very high also.
legendary
Activity: 3808
Merit: 1723
Up to 300% + 200 FS deposit bonuses
If they sell to the public and if its priced


very cheap, then they will probably launch 100x the hashrate of chips they sold after a few months and cause the difficulty spike

very expensive, then nobody will be able to buy it and get ROI.

legendary
Activity: 1666
Merit: 1185
dogiecoin.com
Will be reopening the shop soon! The chip is crazy and amazing. Anyone interested in H-cards with 16nm chips?

I think people are more interested in all the non chip parts of this, power consumption can only sell people so far.
  • What will the estimated MOQ be? $1k, $10k, $100k etc.
  • Please don't announce preorders...
  • How much engagement we will get with the community which isn't done through a PR agency?
  • How will these be sold? Please don't say system integrators and please don't say by resellers, both of which have been a detriment to end users.
  • Are they going to be priced at remotely viable levels? I'm not one to comment on profitability usually but lets at least get in the ballpark.
  • When is SoonTM, cutting through the PR when are we actually expecting products?
  • Who is going to support sales and support? Bitmain currently has droves of people doing just that and I can't see the Head of Product Development sticking about to answer 200 emails a day.
  • Will you finally release or showcase previous designs (BF3500 etc) outside of NDA? It adds credibility and trust to consumers knowing what previous machines looked like. The last thing we saw were H-boards, which while sufficient at the time are a pretty outdated design.

I feel this - like many other previous announcements - are the diamond ring at the proposal. I just hope we don't get mistreated in the rest of the marriage.

My comments posted in another thread.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
"shortly" is quite relative....a few months ?  I highly doubt bitfury will do any "gifts" to the general public - that would conflict with their ongoing operation.  they would do like bitmain, and sell at a much higher price equipment that they have been using for a while.
  The one thing I gathered is they are most likely the cause of the super high block count days.

 Plus they most likely have 175 to 225 ph  farm doing it. 


  .055 watts a gh .07 watts a gh .1 watts a gh .15 watts a gh   take your pick one of them is true.

My guess .1 or .15 not .055 or .07  at the plug so to speak.  a 40 MW farm  maybe 32MW usable

but 32MegaWatts at .15 = 213 ph  and that is a lot of hash.

They have been able to show they gear can run 24/7/365  So far in DEC the temps in


 Tbilisi, Georgia


http://www.wunderground.com/history/airport/UGTB/2015/12/17/MonthlyCalendar.html?req_city=Tbilisi&req_statename=Georgia&reqdb.zip=00000&reqdb.magic=1&reqdb.wmo=37545#calendar

Date   Temps in F     BLKS
dec 1   41-48          170
dec 2   37-51          158
dec 3   39-44          141
dec 4   35-42          154
dec 5   33-46          173
dec 6   28-48          157
dec 7   37-46          149
dec 8   41-51          171
dec 9   39-50          174
dec 10 37-41          212   
dec 11 30-42          157
dec 12 26-44          169
dec 13 28-50          137   
dec 14 26-42          197   
dec 15 30-50          185   
dec 16 33-46



SO  if temps drop   they may be able to do better.  As I think they were counting on colder weather to help plant get going.
legendary
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
"shortly" is quite relative....a few months ?  I highly doubt bitfury will do any "gifts" to the general public - that would conflict with their ongoing operation.  they would do like bitmain, and sell at a much higher price equipment that they have been using for a while.
legendary
Activity: 1302
Merit: 1068
I'm not sure what i think of that tweet. Why would having more efficient miners on stock prevent already centralized hashrate mines to acquire more hardware and continue to decentralize the hashrate?
member
Activity: 84
Merit: 10
★777Coin.com★ Fun BTC Casino!
Cool so the big mining farms will buy these miners and us home miners will struggle with our soon to be obsolete hardware.
hero member
Activity: 840
Merit: 1000
ALSO:  This thread should be in the Mining Speculation forum since it's all just rumour at this point.

 They say on their website they are selling.  I would think that is not a rumor  a lie maybe but not a rumor.

well on their face book page


Valery Vavilov, CEO of BitFury, said: “We are very excited to launch mass production of our super 16nm ASIC Chip. The final results of our hard work have fully met our expectations. We understand that it will be nearly impossible for any older technology to compete with the performance of our new 16nm technology. As a responsible player in the Bitcoin community, we will be working with integration partners and resellers to make our unique technology widely available ensuring that the network remains decentralized and we move into the exahash era together. BitFury warmly welcomes all companies interested in joining our integration and reseller program.”

Jim Lai, President of GUC, said: “We have worked closely with BitFury’s experienced IC designers and we are glad to assist BitFury to achieve this outstanding result. GUC is proud that the BitFury-GUC partnership resulted in the first 16nm full custom tape-out for both parties.”

Maybe rumour wasn't the right word, but when Bitfury had their first 55nm pics and some information was posted here.  I think once we see some data or pics of a chip/prototype it will be more than words.

I agree it is spec until they really sell some shit to us.

I found a quote on the size of their new center   let me look for it.
from this link:
http://www.businesswire.com/news/home/20151216005453/en/BitFury-Announces-Mass-Production-Fastest-Effective-16nm


"Staying true to our commitment to minimize our carbon footprint, BitFury continuously works to increase the energy efficiency of our data centers. The company already relies on renewable energy sources to power our data centers with less than half of the energy overhead of the leading Internet giants, and continuously seeks new ways to further reduce greenhouse gas emissions. An important step forward in this effort is BitFury’s deployment of its proprietary immersion cooling technology in its recently opened Tbilisi, Georgia, data center which supports 40 megawatts.

*All figures mentioned above were measured with real silicon samples. Mileage for production devices may vary. Thanks to the physics of silicon devices, chips may demonstrate exceptionally low power consumption, or exceptionally high compute power, but not both at the same time."



The bold is me.  I am sure the huge 188 195 197 and 215 block days this adjusment are them running the plant.

As to it using a .07 watt per gh chip  I do not think so.  I do think they may be doing   .15 with it.  


I estimate the monster big block days were done with 180 to 220 ph  so a 40 mw plant running  at 32 mw

is a safe guess. 

.15 x 180 ph  = 27 mw
.15 x 200 ph =  30 mw
.15 x 220 ph =  33 mw

So my guess is it runs at .15 mw  maybe a little better.

Still a lot better then .26 to .31 the s-7 and avalon 6's do.
0.07watt chip level doesn't mean the same when you add losses from the PSU, DC-DC conversion, and everything around the miners to monitor them and keep them cool, even when we are speaking novec immersion cooling.
I assume 40Mw is not the watts dedicated to the miners, but the whole thing.
hero member
Activity: 700
Merit: 500
Is this what we were waiting for the price to drop? :p More efficiency can't mean that the price rise can be sustained, rather more selling pressure from miners, mining will be sustained even at lower prices... As an added bonus BitFurry will create further pressure by selling the bitcoins they receive from sales.
sr. member
Activity: 532
Merit: 302
they've been talking about this for months while others like bitmain and avalon sell miners and probably work on 16nm too

i'm also in the "believe it when i see it" camp
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
ALSO:  This thread should be in the Mining Speculation forum since it's all just rumour at this point.

 They say on their website they are selling.  I would think that is not a rumor  a lie maybe but not a rumor.

well on their face book page


Valery Vavilov, CEO of BitFury, said: “We are very excited to launch mass production of our super 16nm ASIC Chip. The final results of our hard work have fully met our expectations. We understand that it will be nearly impossible for any older technology to compete with the performance of our new 16nm technology. As a responsible player in the Bitcoin community, we will be working with integration partners and resellers to make our unique technology widely available ensuring that the network remains decentralized and we move into the exahash era together. BitFury warmly welcomes all companies interested in joining our integration and reseller program.”

Jim Lai, President of GUC, said: “We have worked closely with BitFury’s experienced IC designers and we are glad to assist BitFury to achieve this outstanding result. GUC is proud that the BitFury-GUC partnership resulted in the first 16nm full custom tape-out for both parties.”

Maybe rumour wasn't the right word, but when Bitfury had their first 55nm pics and some information was posted here.  I think once we see some data or pics of a chip/prototype it will be more than words.

I agree it is spec until they really sell some shit to us.

I found a quote on the size of their new center   let me look for it.
from this link:
http://www.businesswire.com/news/home/20151216005453/en/BitFury-Announces-Mass-Production-Fastest-Effective-16nm


"Staying true to our commitment to minimize our carbon footprint, BitFury continuously works to increase the energy efficiency of our data centers. The company already relies on renewable energy sources to power our data centers with less than half of the energy overhead of the leading Internet giants, and continuously seeks new ways to further reduce greenhouse gas emissions. An important step forward in this effort is BitFury’s deployment of its proprietary immersion cooling technology in its recently opened Tbilisi, Georgia, data center which supports 40 megawatts.

*All figures mentioned above were measured with real silicon samples. Mileage for production devices may vary. Thanks to the physics of silicon devices, chips may demonstrate exceptionally low power consumption, or exceptionally high compute power, but not both at the same time."



The bold is me.  I am sure the huge 188 195 197 and 215 block days this adjusment are them running the plant.

As to it using a .07 watt per gh chip  I do not think so.  I do think they may be doing   .15 with it.  


I estimate the monster big block days were done with 180 to 220 ph  so a 40 mw plant running  at 32 mw

is a safe guess. 

.15 x 180 ph  = 27 mw
.15 x 200 ph =  30 mw
.15 x 220 ph =  33 mw

So my guess is it runs at .15 mw  maybe a little better.

Still a lot better then .26 to .31 the s-7 and avalon 6's do.
legendary
Activity: 1512
Merit: 1000
ALSO:  This thread should be in the Mining Speculation forum since it's all just rumour at this point.

 They say on their website they are selling.  I would think that is not a rumor  a lie maybe but not a rumor.

well on their face book page


Valery Vavilov, CEO of BitFury, said: “We are very excited to launch mass production of our super 16nm ASIC Chip. The final results of our hard work have fully met our expectations. We understand that it will be nearly impossible for any older technology to compete with the performance of our new 16nm technology. As a responsible player in the Bitcoin community, we will be working with integration partners and resellers to make our unique technology widely available ensuring that the network remains decentralized and we move into the exahash era together. BitFury warmly welcomes all companies interested in joining our integration and reseller program.”

Jim Lai, President of GUC, said: “We have worked closely with BitFury’s experienced IC designers and we are glad to assist BitFury to achieve this outstanding result. GUC is proud that the BitFury-GUC partnership resulted in the first 16nm full custom tape-out for both parties.”

Maybe rumour wasn't the right word, but when Bitfury had their first 55nm pics and some information was posted here.  I think once we see some data or pics of a chip/prototype it will be more than words.
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