Topic: btt - page 77. (Read 407344 times)

I believe moving the PSU out of the case is a great idea. It is a source of additional heat, it's blocking airflow, and it is an easy fix to move it out of the case (I think).

Now that I've had more time to assess the performance of the Avalons and get a sense of their individual capabilities, I've been able to draw some conclusions about their performance. The Avalon that's running a balanced configuration(Av1) on bitparking, bitminter, and slush seems to be slightly more capable than the second unit, though the difference is small(1-2Mhz). Av2 seems to restart more often(though not once with latest firmware TYVM ckolivas) and run at higher temps overall. HW errors as a percent of output climb over time as the unit heats up. In an attempt to improve the situation I opened the unit up to have a look.



As you can see there's an airflow guide on one side opposite the 750w Enermax PSU. I suspect that by moving the PSU outside the case and adding an airflow guide to that side as well that cooling efficiency can be improved. Anyone have any thoughts?

Cheers.

Hi mokahless. Please keep me posted on your ongoing research into knc's progress.

My cautious stance with regard to pre-orders stems from the fact that all of the companies developing ASIC gear are quite small. When things go wrong with these tiny companies, they can go very wrong...as in the case of BFL and BTCFPGA. While it was rather painful for bASIC-MINING shareholders(myself included) to watch Avalon batch 1 units being deployed and AM completing their chip development while our own bASIC hardware pre-order was delayed twice and then cancelled, at least the network hashrate wasn't increasing exponentially at that time. Such an occurrence in the rapidly expanding network environment we're now facing would be far more costly. The company's batch 2 & 3 Avalon orders were placed just as network growth was beginning to accelerate and immediately following the successful delivery of two batch 1 Avalon units, confirming Avalon's ability to deliver. I will continue to seek reasonably priced in hand hardware as it makes more sense to my mind to pay a small to moderate premium for such hardware and eliminate the tremendous risks involved with large scale pre-orders for products that are still in development and may well be delayed or cancelled entirely.

Cheers.

This is the last I heard too for the Mercury. I have just starting looking at them a bit more seriously, myself. Mainly because the Mercury finally brings them down to a more acceptable risk for me. Everything seems in order (pending the email I sent to Kennemar & Cole) but based on everything I have read, I somehow doubt they will be able to deliver the claimed power efficiency with ORSoC. That said, everything I am making my judgements on is hearsay. There is potential for another BFL fiasco.

For the sake of diversification, what is your reasoning for not ordering a BFL and what would be your reasoning be for not ordering KNC, assuming you decide not to? The same goes for the Open source Avalon designs and the other manufacturers. Essentially, as a shareholder, I am interested in what you are actively looking at and what you are rejecting, considering and moving forward with. I was really glad to see your acquisition of Avalon miners followed by an appropriate increase in market share price and dividends. What I thought would turn into a stale investment after the bASIC fiasco has started to become a valuable asset.

Luck at bitparking has been so bad the past few days that it could only improve. Today's divvy will contain payment for three bitparking blocks.

Cheers.

Hi JimiQ84. Last I'd heard they were aiming for October delivery correct? The mercury is certainly attractively priced. I need to brush up on knc's progress.

Cheers.

What about KNC Mercury? Too much risk?

I've had more time to fine tune the Avalons this evening. It's gone fairly well:





Cheers.

Hi runam0k. We have our paid for 4 module batch 3 in the pipeline. I understand that batch 2 is approximately 90% shipped, so it shouldn't be too much longer. I've also been shopping around for an additional 2nd hand rig, but haven't had much luck finding another with a price tag that makes sense.

Cheers.

Incredible performance from the AM shares.

So what is the next step for BM - are we waiting for ASICs of some description (sorry, tl;dr and trying to get up to speed).

Hi bobboooiie. The shares were obtained at an average price of 2.478182406.

The long term plan for the shares is rather open ended. The motion that allowed for their purchase was worded simply:


While we could liquidate them now for a significant gain(+80%), without a clear path to invest in reasonably priced hardware, it'd merely add to our cash reserves while lowering our daily dividend.

Cheers.

i believe there are no plans yet to sell them, probably at such time as bASIC-MINING needs funds to purchase more ascis.

Sorry if I missed it but 2 questions : 1. What is the long term plan with those asicminer shares ?
                                                     2. What price were "we" buying them ?

Actually, shareholders have received more value from the first Avalon purchased than they have from our ASICMiner shares(thus far). If my quick math is accurate our first ASIC has already repaid more than 25% of it's purchase price, delivering approximately 17.5BTCs in dividends and contributing over 3BTCs to our growth fund.

While the shares were obviously a great investment and a nice stopgap measure to cover for the tardiness of our hardware, they've "only" contributed a little over 10.5BTCs in dividends and zero to our growth fund and we've had the shares twice as long. Obviously the shares have been appreciating in value and the hardware is not(or will not), but they're both likely to end up being very solid investments for us.

Cheers.

I'd say those 100 shares made more money than anything else in BASIC-MINING

Just because it's now at 4.5+ BTC for every share that we have? It's doing marginal at best.



 



BTW, I still think we should send "some love" to HHTT mining pool. They've been getting slightly over 1 block per day.
And hey.. it's fireduck!

After thinking it over: Maybe that is still too much variance since you pay divs daily.

Seems like our ASICMiner investment is doing okay...

lol

Welcome aboard doc.

Well I'm a newbie and I want to micro-manage the stock I just bought, just like the big shots.
I want hourly dividend notifications, and I want a latte.
Oh, wait, No, I want the returns on my stock to be better than holding BTC.
Thanks bAsic-mining! 

Nobody was doing daily dividends back when I wrote the contract and I like to have my payments ASAP. It really isn't that much extra work if you stay on top of it and remain organized as the exchange does most of the grunt work. If DRIP is used the difference between daily and weekly dividends could be significant for long term investors.

Cheers.