Topic: Bitfury - Mining Lighbulb - page 6. (Read 15477 times)
Don't forget that the chicken farmer also has to supply Internet access. He probably doesn't already have that there.
You know, I was thinking you could probably make a deal with chicken farmers and others who require heat bulbs and allow them free use of the bulbs while you take in BTC and pay zero electric. Only issue is making sure there is wifi there which could fixed with a cheap mifi but that would really cut into cost and possibility of an roi.
You'd have to find a dumb chicken farmer to take that deal. Why would he want a BTCbulb when all he wants is heat? A heat bulb will produce heat more efficiently than a mining bulb that also produces a bit of heat as a by-product, there's no benefit to the chicken farmer here.
http://www.kncminer.com/blog/newsarchive
..."six to eight times when deploying this new mining platform Solar in the 'old' 28 nm farms"...
Six to eight times of the 'old' 28 nm farm isn't 0.07 w/GHs
..."six to eight times when deploying this new mining platform Solar in the 'old' 28 nm farms"...
Six to eight times of the 'old' 28 nm farm isn't 0.07 w/GHs
You cut off the most important part of that quote which is "KnCMiner's stated goal at this node is to increase the efficiency in the mining farms six to eight times when deploying this new mining platform Solar in the 'old' 28 nm farms"
I'd think if KNC managed to achieve any impressive specs they would have come out immediately boasting them instead of a "goal".
just got new insights into how light bulbs increase the efficiency of mining.. Light bulbs attract flies. The flies use their wings to cool down the light bulbs (like little fans), thus making the bulb cooler to mine; thus increase the efficiency of the mining. This is a genius invention by Bitfly.
Look at 24H, 1W and 1M pool distribution here: https://www.blocktrail.com/BTC
It seems that 21 is finally deploying their 3rd gen (2nd attempt to do Intel 22nm)
BitFury is more or less stable, probably decided not to deploy their 28nm and concentrate on the 16nm (just a guess).
It will be interesting to see KNC over the next weeks.
You might be interested in this : http://www.coindesk.com/kncminer-deploys-next-generation-16nm-bitcoin-asic/It seems that 21 is finally deploying their 3rd gen (2nd attempt to do Intel 22nm)
BitFury is more or less stable, probably decided not to deploy their 28nm and concentrate on the 16nm (just a guess).
It will be interesting to see KNC over the next weeks.
Looks like KNC has got the 16nm done "The company says the "environmentally friendly" chip, capable of 0.07 w/GHs, will increase the efficiency of its industrial mining farms by 6–8%."
I am not a fan of KNC though.
..."six to eight times when deploying this new mining platform Solar in the 'old' 28 nm farms"...
Six to eight times of the 'old' 28 nm farm isn't 0.07 w/GHs
Look at 24H, 1W and 1M pool distribution here: https://www.blocktrail.com/BTC
It seems that 21 is finally deploying their 3rd gen (2nd attempt to do Intel 22nm)
BitFury is more or less stable, probably decided not to deploy their 28nm and concentrate on the 16nm (just a guess).
It will be interesting to see KNC over the next weeks.
You might be interested in this : http://www.coindesk.com/kncminer-deploys-next-generation-16nm-bitcoin-asic/It seems that 21 is finally deploying their 3rd gen (2nd attempt to do Intel 22nm)
BitFury is more or less stable, probably decided not to deploy their 28nm and concentrate on the 16nm (just a guess).
It will be interesting to see KNC over the next weeks.
Looks like KNC has got the 16nm done "The company says the "environmentally friendly" chip, capable of 0.07 w/GHs, will increase the efficiency of its industrial mining farms by 6–8%."
I am not a fan of KNC though.
..."six to eight times when deploying this new mining platform Solar in the 'old' 28 nm farms"...
Six to eight times of the 'old' 28 nm farm isn't 0.07 w/GHs
Look at 24H, 1W and 1M pool distribution here: https://www.blocktrail.com/BTC
It seems that 21 is finally deploying their 3rd gen (2nd attempt to do Intel 22nm)
BitFury is more or less stable, probably decided not to deploy their 28nm and concentrate on the 16nm (just a guess).
It will be interesting to see KNC over the next weeks.
You might be interested in this : http://www.coindesk.com/kncminer-deploys-next-generation-16nm-bitcoin-asic/It seems that 21 is finally deploying their 3rd gen (2nd attempt to do Intel 22nm)
BitFury is more or less stable, probably decided not to deploy their 28nm and concentrate on the 16nm (just a guess).
It will be interesting to see KNC over the next weeks.
Looks like KNC has got the 16nm done "The company says the "environmentally friendly" chip, capable of 0.07 w/GHs, will increase the efficiency of its industrial mining farms by 6–8%."
I am not a fan of KNC though.
Look at 24H, 1W and 1M pool distribution here: https://www.blocktrail.com/BTC
It seems that 21 is finally deploying their 3rd gen (2nd attempt to do Intel 22nm)
BitFury is more or less stable, probably decided not to deploy their 28nm and concentrate on the 16nm (just a guess).
It will be interesting to see KNC over the next weeks.
It seems that 21 is finally deploying their 3rd gen (2nd attempt to do Intel 22nm)
BitFury is more or less stable, probably decided not to deploy their 28nm and concentrate on the 16nm (just a guess).
It will be interesting to see KNC over the next weeks.
Call me old school, but I really like owning things. Means I can break them and then fix them without anyone else getting involved. Or improving them. Or loaning them out to friends. Leasing stuff forever makes it easy to be transient, but it also makes the guys that own the stuff you're leasing that much richer.
Not every company building mining devices into every single thing ever is going to allow you to choose your own pool. Not saying BitFury's lightbulbs will be that locked down, but I expect it to happen to a lot of other things.
I don't always assume only bad things happen. I always assume the rich and powerful base all decisions on being more rich and/or powerful by taking advantage of the customer base (sometimes deceptively).
Not every company building mining devices into every single thing ever is going to allow you to choose your own pool. Not saying BitFury's lightbulbs will be that locked down, but I expect it to happen to a lot of other things.
I don't always assume only bad things happen. I always assume the rich and powerful base all decisions on being more rich and/or powerful by taking advantage of the customer base (sometimes deceptively).
pretty soon we won't actually own things... we'll just pay to use them instead.
I'm leaving if it gets to that point. 21e6's idea discussion is already worrisome.
I wonder how hard it'd be to proxy the connection away from the manufacturer's pool to your own?
Decentralization is securing the network from a single entity controlling the majority of the hashrate. It's considered cost-prohibitive for any one company to build that much hardware, so overly popular pools are a more likely threat.
But if one company is able to put a few hundred GH in every household (paid for by said households) and controls the pool being mined at...
But if one company is able to put a few hundred GH in every household (paid for by said households) and controls the pool being mined at...
Why always assume only the bad thing that can happen?
I think not allowing users to choose the pool would be a shot in the foot for them. They said that they plan to run some kind of p2pool. Chill.
Decentralization is securing the network from a single entity controlling the majority of the hashrate. It's considered cost-prohibitive for any one company to build that much hardware, so overly popular pools are a more likely threat.
But if one company is able to put a few hundred GH in every household (paid for by said households) and controls the pool being mined at...
But if one company is able to put a few hundred GH in every household (paid for by said households) and controls the pool being mined at...
I can see it now ... Hey guys! check out my new mining rig!
https://cdn.shopify.com/s/files/1/0237/3773/files/coca_cola_bulb_signs.jpg
I can see it now ... hey why has the electricity bill doubled from $2k to $4k ?https://cdn.shopify.com/s/files/1/0237/3773/files/coca_cola_bulb_signs.jpg
Oh, that's coz we made $1 bitcoin mining ...
(and spent $1k on new light bulbs ...)
So nothing would change from light bulbs that mine to deicated machines. Unless you have millions to spend everything is a "hobby".
Though, based on that assertion, it seems it's a hobby for everyone ...
I can see it now ... Hey guys! check out my new mining rig!
https://cdn.shopify.com/s/files/1/0237/3773/files/coca_cola_bulb_signs.jpg
I can see it now ... hey why has the electricity bill doubled from $2k to $4k ?https://cdn.shopify.com/s/files/1/0237/3773/files/coca_cola_bulb_signs.jpg
Oh, that's coz we made $1 bitcoin mining ...
(and spent $1k on new light bulbs ...)
Why all the negativity? Everyone knows it's all about "securing the network"!
Exactly what it's being secured from isn't clear. Maybe ISIS will attack Bitcoin? The more hash, the more secure it is, right? If this is right, then we must be at least 1000x more secure than 18 months ago.
I can see it now ... Hey guys! check out my new mining rig!
https://cdn.shopify.com/s/files/1/0237/3773/files/coca_cola_bulb_signs.jpg
I can see it now ... hey why has the electricity bill doubled from $2k to $4k ?https://cdn.shopify.com/s/files/1/0237/3773/files/coca_cola_bulb_signs.jpg
Oh, that's coz we made $1 bitcoin mining ...
(and spent $1k on new light bulbs ...)
So nothing would change from light bulbs that mine to deicated machines. Unless you have millions to spend everything is a "hobby".
I can see it now ... Hey guys! check out my new mining rig!
https://cdn.shopify.com/s/files/1/0237/3773/files/coca_cola_bulb_signs.jpg
I can see it now ... hey why has the electricity bill doubled from $2k to $4k ?https://cdn.shopify.com/s/files/1/0237/3773/files/coca_cola_bulb_signs.jpg
Oh, that's coz we made $1 bitcoin mining ...
(and spent $1k on new light bulbs ...)
You better hope there is a quantity discount. There are 71 light bulbs in that sign.
Not going to hide that rig anywhere!!!
Not going to hide that rig anywhere!!!
I think just about everyone is in agreement that these things will never be competitive and are purely a novelty item for hobbyists/beginners.
They even say as much themselves in that interview;
BitFury suggested that the target market for the light bulbs would be hobbyists who have an interest in exploring new technologies
They should make a product for commercial applications too. You can do some decent mining in that setup vs. home. Lots of buildings replacing older lights...
A lot of industrial buildings don't have heat installed but instead use large space heaters, this seems like something that could be replaced by these a bit but it would need a way to spread the heat around. Can we stop pretending this makes any sense financially? I think just about everyone is in agreement that these things will never be competitive and are purely a novelty item for hobbyists/beginners.
I would only use these in "ninja" applications where I didn't have to pay for the electricity, like a desk lamp at work, or maybe in a garage. I like my lights to be as cool and efficient as possible, I'm not seeing either of those aspects in these bulbs. Novel, but not practical.
Jump to: