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Topic: Bitfury - Mining Lighbulb - page 2. (Read 15519 times)

alh
legendary
Activity: 1846
Merit: 1052
September 14, 2015, 11:02:09 AM
Personally, I count 3.5 months. I agree it doesn't seem that BitFury is in any hurry to actually sell a "Mining Lightbulb".

Maybe they came to their senses?  Smiley
newbie
Activity: 44
Merit: 0
September 14, 2015, 03:06:41 AM
We have published new research on the topic "Proof of Stake vs Proof of Work": http://bitfury.org/white-papers-research
You are welcome to read and comment this paper here: https://bitcointalk.org/index.php?topic=896350.80
legendary
Activity: 1666
Merit: 1185
dogiecoin.com
September 08, 2015, 07:08:46 AM
In case anybody haven't seen yet, we have published extensive research on block size increase: http://www.bitfury.org/white-papers-research
I did Smiley  Did you (BitFury Group) read all the feedback in the Reddit thread - regarding your research - that gained some traction in terms of developers' eyes?
https://www.reddit.com/r/Bitcoin/comments/3j7nhd/bitfury_report_on_block_size_increase/

( and... lightbulb? Cheesy )

Yes, we have read comments of Bitcoin developers and find them quite informative. We are glad our research paper gained interest in the Bitcoin community. Keep an eye out for our new researches!

Can you say any new news on the lightbulb?   It seemed the prototypes looked like pretty finished.   Can we still expect to see them out in public?

If so any timeline?

It takes quite a bit of work to take it from production prototype to actual mass production unit. And then there's regulation that requires FCC, CE etc testing and verification that the final product still needs to pass. So timelines are not completely dependent on us, and we would rather not commit to any date we can't keep for sure.

Speaking generally then, do you think we'll see anything this calendar year?
newbie
Activity: 44
Merit: 0
September 08, 2015, 02:37:43 AM
In case anybody haven't seen yet, we have published extensive research on block size increase: http://www.bitfury.org/white-papers-research
I did Smiley  Did you (BitFury Group) read all the feedback in the Reddit thread - regarding your research - that gained some traction in terms of developers' eyes?
https://www.reddit.com/r/Bitcoin/comments/3j7nhd/bitfury_report_on_block_size_increase/

( and... lightbulb? Cheesy )

Yes, we have read comments of Bitcoin developers and find them quite informative. We are glad our research paper gained interest in the Bitcoin community. Keep an eye out for our new researches!

Can you say any new news on the lightbulb?   It seemed the prototypes looked like pretty finished.   Can we still expect to see them out in public?

If so any timeline?

It takes quite a bit of work to take it from production prototype to actual mass production unit. And then there's regulation that requires FCC, CE etc testing and verification that the final product still needs to pass. So timelines are not completely dependent on us, and we would rather not commit to any date we can't keep for sure.
legendary
Activity: 1456
Merit: 1000
September 07, 2015, 11:39:55 AM
In case anybody haven't seen yet, we have published extensive research on block size increase: http://www.bitfury.org/white-papers-research
I did Smiley  Did you (BitFury Group) read all the feedback in the Reddit thread - regarding your research - that gained some traction in terms of developers' eyes?
https://www.reddit.com/r/Bitcoin/comments/3j7nhd/bitfury_report_on_block_size_increase/

( and... lightbulb? Cheesy )

Yes, we have read comments of Bitcoin developers and find them quite informative. We are glad our research paper gained interest in the Bitcoin community. Keep an eye out for our new researches!

Can you say any new news on the lightbulb?   It seemed the prototypes looked like pretty finished.   Can we still expect to see them out in public?

If so any timeline?
newbie
Activity: 44
Merit: 0
September 07, 2015, 11:28:39 AM
In case anybody haven't seen yet, we have published extensive research on block size increase: http://www.bitfury.org/white-papers-research
I did Smiley  Did you (BitFury Group) read all the feedback in the Reddit thread - regarding your research - that gained some traction in terms of developers' eyes?
https://www.reddit.com/r/Bitcoin/comments/3j7nhd/bitfury_report_on_block_size_increase/

( and... lightbulb? Cheesy )

Yes, we have read comments of Bitcoin developers and find them quite informative. We are glad our research paper gained interest in the Bitcoin community. Keep an eye out for our new researches!
hero member
Activity: 686
Merit: 500
FUN > ROI
September 04, 2015, 07:11:40 AM
In case anybody haven't seen yet, we have published extensive research on block size increase: http://www.bitfury.org/white-papers-research
I did Smiley  Did you (BitFury Group) read all the feedback in the Reddit thread - regarding your research - that gained some traction in terms of developers' eyes?
https://www.reddit.com/r/Bitcoin/comments/3j7nhd/bitfury_report_on_block_size_increase/

( and... lightbulb? Cheesy )
newbie
Activity: 44
Merit: 0
September 04, 2015, 06:19:24 AM
In case anybody haven't seen yet, we have published extensive research on block size increase: http://www.bitfury.org/white-papers-research
hero member
Activity: 686
Merit: 500
FUN > ROI
September 04, 2015, 05:30:02 AM
That mean that a lightbulb could be pretty good.  Grin
Kuna never did end up reviewing one, as far as I can tell, and bitlamp.club isn't exactly seeing much activity.  Who knows if they still plan to bring it to market.



legendary
Activity: 1484
Merit: 1004
September 02, 2015, 02:35:01 PM
That mean that a lightbulb could be pretty good.  Grin
hero member
Activity: 686
Merit: 500
FUN > ROI
September 02, 2015, 02:33:43 PM
BitFury has announced it has completed the tape-out for its 16NM ASIC bitcoin mining chips, which were first revealed to be in production in February.

The chip will achieve energy efficiency of 0.06 joules per gigahash, compared to the 0.2 joules per gigahash of its 28nm predecessor
hero member
Activity: 686
Merit: 500
FUN > ROI
August 28, 2015, 04:30:19 AM
very minor website change, new 'research' section (currently only containing Smart Contracts on Bitcoin Blockchain)
donator
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
August 27, 2015, 07:22:29 AM
I guess being private and all they don't really have to worry about posting any specs - nobody who could verify it anyway.  Not suggesting that they are doing this, but in that position you can of course claim any efficiency you want, and with it maintenance/operating costs, that'll maximize profit.
Indeed.
hero member
Activity: 686
Merit: 500
FUN > ROI
August 27, 2015, 07:04:19 AM
I guess being private and all they don't really have to worry about posting any specs - nobody who could verify it anyway.  Not suggesting that they are doing this, but in that position you can of course claim any efficiency you want, and with it maintenance/operating costs, that'll maximize profit.
donator
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
August 27, 2015, 06:53:56 AM
I'm still trying to figure out why anyone would buy a "mining lightbulb". The economics are just NOT making any sense, even treating the thing as just a toy.
If they would put it on the market at prices comparable to a regular 'smartbulb', then treating it as such, I can see a market even among those who have no idea what Bitcoin mining is Bitcoin transaction verification services are Smiley







In other news, BitFury have revealed a bit more of their plans with regard to 16nm tech:
http://www.8btc.com/bitfury-chinese-market

Some key points from that:
  • Plan to expand into non-Bitcoin computation-heavy industries
  • Plan to expand into China and further into North America
  • 16nm preliminary calculations: 5 times more efficient than 28nm*
  • Aiming for 400Ph/s (roughly the current network capacity) 6 months after deployment
* Their claims on 28nm was 0.2J/Gh, which would make their claim for 16nm be 0.04J/Gh

Not much further detail on the bulb though Smiley
Interesting, thanks.
The article doesn't cover BitFury 28nm results. When they're selling hosted hash-rate, they're claiming efficiency of 0.35 J/GH for maintenance calculation.
hero member
Activity: 686
Merit: 500
FUN > ROI
August 27, 2015, 06:42:36 AM
I'm still trying to figure out why anyone would buy a "mining lightbulb". The economics are just NOT making any sense, even treating the thing as just a toy.
If they would put it on the market at prices comparable to a regular 'smartbulb', then treating it as such, I can see a market even among those who have no idea what Bitcoin mining is Bitcoin transaction verification services are Smiley







In other news, BitFury have revealed a bit more of their plans with regard to 16nm tech:
http://www.8btc.com/bitfury-chinese-market

Some key points from that:
  • Plan to expand into non-Bitcoin computation-heavy industries
  • Plan to expand into China and further into North America
  • 16nm preliminary calculations: 5 times more efficient than 28nm*
  • Aiming for 400Ph/s (roughly the current network capacity) 6 months after deployment
* Their claims on 28nm was 0.2J/Gh, which would make their claim for 16nm be 0.04J/Gh

Not much further detail on the bulb though Smiley
legendary
Activity: 1498
Merit: 1030
August 21, 2015, 04:44:07 AM
I'm still trying to figure out why anyone would buy a "mining lightbulb". The economics are just NOT making any sense, even treating the thing as just a toy.
hero member
Activity: 686
Merit: 500
FUN > ROI
August 20, 2015, 07:54:30 AM
BW.com of course launched their cloud mining op that's supposed to run LK Group's 14nm effort.

To swing this thread semi-back on topic ( where's the lightbulbs? ), some more pictures of BitFury's old efforts pop up:
http://www.cybtc.com/article-1891-1.html
donator
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
August 19, 2015, 05:54:16 AM
Yeah, it's still odd to remove previous press releases though Smiley  Doesn't matter - their climb continues, while this month should be heating up overall Smiley

@SP: Yeah, I saw that - have it open in another tab to update the wiki - how convenient a timing, though, right? Smiley
Indeed.
hero member
Activity: 686
Merit: 500
FUN > ROI
August 19, 2015, 05:53:25 AM
Yeah, it's still odd to remove previous press releases though Smiley  Doesn't matter - their climb continues, while this month should be heating up overall Smiley

@SP: Yeah, I saw that - have it open in another tab to update the wiki - how convenient a timing, though, right? Smiley
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