Topic: Bitfury - Mining Lighbulb - page 3. (Read 15519 times)

As I said:

https://twitter.com/BitfuryGeorge/status/632264181471772672

vs:

https://bitcointalksearch.org/topic/bitmain-launches-4th-generation-bitcoin-mining-asic-bm1385-1156770

Interesting times ahead ...

I get the impression that their partnership ended a long time ago. Dave Carlson just seems to be into mining and his "franchise program" (whatever that is) now and not hardware development. He was really just a reseller of Bitfury hardware anyways.

I would put one in one of my mining areas for fun.   I think it would be a neat toy.

I don't expect these to be ROI machines.  Just fun miners to play with.

Although primary goal has not yet been achieved, solution is near.

yeah im curious how this turns out, seems like it would only be useful as a fun way to light up the house or office..

Thanks for the update. The next 30 days should be very interesting.

Peculiarly, mentions of MBP have been removed from BitFury's press page.

I wonder if the folks at Bitfury have to wear sunglasses when visiting the farm, considering all the "Mining Bulbs" they must have by now...... 

This is a totally flippant comment considering the title of this thread. Nobody in their right mind will attempt to accumulate any serious hash rate using anything other than a purpose built ASIC miner. Just my jab at the "Everything that uses electricity should be miner" crowd.

Thus concludes BitFury's relative rise, at least for now, as well as the graphs until something interesting happens again; or somebody can go set up a realtime version.  Until such a time: http://organofcorti.blogspot.com/

Looks like BitFury's relative growth has stagnated;


Possible new player (/[dots]/ coinbase, later replaced with '/reserved/'), 4 blocks in last 2 days: 18ikmzPqk721ZNvWhDos1UL4H29w352Kj5

Fell straight asleep at the keyboard heh, too many hours in this week

Thanks for taking the time to reply.

People have been talking about BitFury since its inception, and for good reason; their 55nm chip remained competitive for a very, very long time.

Haven't seen any reviews.  http://kuna.com.ua/bitcoin-mining-lamp/ suggested they would do a review of it, so keep an eye on them?

I'd guess they may be giving some out at events, but even so I've seen very few people even talk about them, tweets with pictures not from an event, instagram or facebook posts or etc.  Which is mildly odd - unless there's NDAs involved - as bitlamp.club suggests there's quite a few around.  Heck, there's one well within a day's driving distance pinpointed on the map to a house in the middle of nowhere; I do hope they randomize those coordinates a little bit



Right.

No.

Bitcoin Forum > Economy > Marketplace > Service Announcements  > The official information resource for BitFury Group
( plus @bitfurygroup @bitfurygeorge, BitFury@facebook, etc. )

While BitFury is potentially not 100% clean, they're no BFL / Hashfast / KnC / BlackArrow.  Bit of a random thing to say in this context?


...not finish your sentence?

This lightbulb is pure gimmick, but it worked, and worked well. We are talking about them...
Although, have a missed a review by someone reputable on the forum? Here in hardware maybe?

I don't know if people are buying them, or has anyone known someone with a unit?

I enjoy looking at the prices of hardware, and used miners is the biggest part of that time.
The Bitfuy miners I can buy are nowhere near an S5's efficiency.
Density is not Spondoolies offerings. Although cooling plays a big weight against density if you have to make that choice. If you cant run them cool enough, figure out a different way. You shouldn't depend on any miner to clock down.

Bitfury is self-mining and B2B right?
Do they perform any real business with home miners or lower volume customers?

I think all of the companies who have decided the little guy doesn't matter you should monetize every action and I do not mean with money up front.
Having a communications channel means everything.

Most miners I've talked to and met from here would welcome competition in the current mining landscape.

I think these companies are doing everything to look big in the bitcoin landscape. Monopolies have been forming, but think of the people who have been scammed.

Obviously my experience with Bitfuy is limited. I also did

I'd prefer "worlds least-funded miner" because then you know the business runs more efficiently.

You would think so. But, they needed a catchy headline, right? Nobody wants to read "Second Best Funded Miner" haha

I would have thought that at roughly $116 million, 21 Inc. would have the distinction of "Best Funded Miner", no?

slight aside - I'm sure they'll post this in their official thread anyway - Bitcoin's Best Funded Miner BitFury Rasies Another $20 Million [coindesk.com]
( and rather unrelated: background piece on BitFury [bne.eu] )

Edit: whoops, where'd the image go..

If it makes you feel better, I was being pretty cynical - as I have been about the entire lightbulb idea so far.

Let's say the average existing smart LED right now pulls 10W and costs $50 shelf including all the wifi and crap. If BitFury can design a smart LED that pulls 8W and costs $45 shelf, and then adds their chip to it so now it mines and also draws 10W and costs $50 shelf, they can basically trick people into buying it because its initial and operating costs are the same as a competitor's product but this one also mines bitcoins! The customer doesn't have to be alerted to the fact the pathetic mining speed will never actually reach a pool payout, nor does the customer have to be alerted that he just bought an 8W $45 bulb but now it runs 10W and cost $50 to support that pathetic mining speed which will never reach payout.

I tend to follow what you post with interest sidehack, because you are a very knowledgeable/resourceful person when it comes to hardware.  But I have to ask quite skeptically, where does this magical efficiency come from, at no extra cost? Markets tend to equalize, if all this power consumption & cost-savings was available, shouldn't A) it have already materialized by competition in the market, otherwise B) There isn't enough of a market for the competition to bother with it, in which case this is a waste of time by Bitfury (as if that wasn't already apparent).

The only possibility I can see for them to try to keep the end-costs lower than the competition to compete in their department is by handling all the sales and distribution themselves. That seems like a waste of time though, considering they could be using their chips in full-sized stand-alone miners that they could sell for -what I would only imagine due to minimal competition currently- more of a mark-up than a stupid lightbulb that will never ROI, if even generate positive revenue.

My BTC0.0000738