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Topic: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s - page 64. (Read 231002 times)

hero member
Activity: 767
Merit: 500
Judging from what's said to have been ordered, I'm thinking the power throughput might be a problem there (for 3.84 TH/s). But that's not to say there won't be some nice overclocking headroom.

it's also distinctly possible that for each chip they will tune them to run at different Ghz depending on how many of the hashing cores and dies are actually working - having a range of 1.1 Ghz to 1.4 Ghz (and potentially even up to 2 Ghz) gives the Cointerra engineers considerable latitude to have their firmware automatically tweak each chip to get to the target 2 Th for the entire unit.

Will
legendary
Activity: 922
Merit: 1003
An engine has moving pistons, constantly moving against the cylinder walls..
I think if you can overclock anything, and its stable, its not going to wear out the same as a car..
I guess you're not familiar with electromigration, then.
sr. member
Activity: 392
Merit: 250
the yield on the dies is good, then a possible top speed of 2000 * 4 * 4 * 120 = 3.84 Th/sec
Theoretically, a porsche GT3 can do the "cannonball run" in 14 hours and 45 minutes.   But it hasn't.   But it could.   I will be happy cruising along with my unit at 2TH/s.   Very happy.

An engine has moving pistons, constantly moving against the cylinder walls..
I think if you can overclock anything, and its stable, its not going to wear out the same as a car..
legendary
Activity: 2478
Merit: 1020
Be A Digital Miner
the yield on the dies is good, then a possible top speed of 2000 * 4 * 4 * 120 = 3.84 Th/sec
Theoretically, a porsche GT3 can do the "cannonball run" in 14 hours and 45 minutes.   But it hasn't.   But it could.   I will be happy cruising along with my unit at 2TH/s.   Very happy.
legendary
Activity: 3430
Merit: 3080
It's interesting to see their plans from using just three dies have changed to underclocking from their nominal 1.4Ghz to 1.1Ghz and using four dies.  Possible their yield from the first wafer was higher than they expected (they expected to only be able to use three dies), or it's possible that the power profile of running at a lower clock speed were better.

Either way, this is probably good news for cointerra customers, given the potential to clock each of the four cores at 1.4Ghz would give a projected yield of each TerraMiner of 1400 * 4 * 4 * 120 = 2.68Th - and if they are able to clock each die at the 2 Ghz they said in their FPGA video, the power systems can support it, and the yield on the dies is good, then a possible top speed of 2000 * 4 * 4 * 120 = 3.84 Th/sec

All this is speculation, of course.

Will

Judging from what's said to have been ordered, I'm thinking the power throughput might be a problem there (for 3.84 TH/s). But that's not to say there won't be some nice overclocking headroom.
sr. member
Activity: 392
Merit: 250
Thanks Will, you made me smile a bit  Grin

Perhaps they have known this for some time, and that could be why they aren't lowering their prices on the may batch from $6k
hero member
Activity: 767
Merit: 500
Interesting update.  It seems they have gone from using just three of their dies to assuming they will use all four.

In the FPGA video from last year - http://www.youtube.com/watch?v=jSpNZMYunls  it was stated:

"120 cores per die for a total of 360 cores.  Nominal 500 Gh/sec up to 720 Gh/sec" and "1.4Ghz" (implied top speed for 720 Gh/sec of 2Ghz)

so that was 3 x 120 x 1400 = 504,000 Gh per chip, with four chips = 2.016 Th/sec which meets their specification, back last year.

Now, it seems they are running at only 1.1 Ghz:

120 x 1100 = 132 Gh/s on each die (as said on their post) x 4 = 528 Gh/s per chip, with four chips = 2.1 Th/sec

It's interesting to see their plans from using just three dies have changed to underclocking from their nominal 1.4Ghz to 1.1Ghz and using four dies.  Possible their yield from the first wafer was higher than they expected (they expected to only be able to use three dies), or it's possible that the power profile of running at a lower clock speed were better.

Either way, this is probably good news for cointerra customers, given the potential to clock each of the four cores at 1.4Ghz would give a projected yield of each TerraMiner of 1400 * 4 * 4 * 120 = 2.68Th - and if they are able to clock each die at the 2 Ghz they said in their FPGA video, the power systems can support it, and the yield on the dies is good, then a possible top speed of 2000 * 4 * 4 * 120 = 3.84 Th/sec

All this is speculation, of course.

Will
sr. member
Activity: 392
Merit: 250
Quote
"Our first round of tests were focused on characterizing one of the four dies on a single GoldStrike I ASIC. The engineers slowly increased the number of active hashing pipelines and monitored their performance. At the end of this round of tests we achieved our target of 132GH/s on a single die.

The next steps will be to characterize the remaining dies on the ASIC and test multiple samples to verify consistent performance and efficiency. We will continue to post engineering updates reporting progress so check back with us soon."



So by the sounds of it, the chips are capable of reaching their targeted hash rate, and now they're going to start testing the entire batch?  
legendary
Activity: 2478
Merit: 1020
Be A Digital Miner
Very exciting.   Even more exciting that an asic company is updating people in an effective manner.   Great Job CT and looking forward to more progress reports.
legendary
Activity: 980
Merit: 1040
did i say 12 PH/s?

No. Did I say you said it? No.
Please read carefully.

Quote
Oh, yes i do think that the pace will pick up. Who doesnt? Nevertheless its still bullshit to assume "hundreds of PH/s coming online next 6 months".

Sigh.

I never assumed 100s of PH wil be coming online in 6 months, please look up the definition of a hypothetical.
Moreover, the hypothetical didnt state that 100's of PH would be online in 6 months, merely that during the next 6 months we would see them being sold and being deployed. Note the present continuous.
Finally I am saying the hypothetical is at least plausible, and more plausible than the other hypothetical I gave of only a few dozen PH. Considering you agree at the current rate without anyone known to be shipping 28nm gear, we could already be on track to add 50PH its hard to see how you are arguing against the plausibility of that number multiplying considering about 10 vendors are expected to start shipping latest gen miners in the next months and currently there are none (known).
legendary
Activity: 1652
Merit: 1067
Christian Antkow
Cartels wont work for bitcoin miners.

 How can ghash.io / Bitfury's recent turn be described as anything other than approaching behavior similar to a cartel ?

ImI
legendary
Activity: 1946
Merit: 1019
hundreds of PTH/s?

lol!

Its a hypothetical, not a prediction. 12 PH seems even more absurd. FWIW we seem to be adding ~3-400 TH daily at this point, before anyone we know is shipping. If that were to continue you are already looking at 100PH per year. You dont think the pace will pick up once HF, CT, Bitmine, BFL etc will start shipping?

did i say 12 PH/s?

Quote
If that were to continue you are already looking at 100PH per year.

Exactly 100 PH per year, no problem with that. Nevertheless that somehow sounds alot different than your previous post:

Quote
If otoh, over the next 6 months we will see 100's of PH are being shipped and deployed

Quote
You dont think the pace will pick up once HF, CT, Bitmine, BFL etc will start shipping?

Oh, yes i do think that the pace will pick up. Who doesnt? Nevertheless its still bullshit to assume "hundreds of PH/s coming online next 6 months".

legendary
Activity: 980
Merit: 1040

Wikipedia Wink



Lets hope  Cool

Cartels wont work for bitcoin miners. Mining is a zero sum game, so asic vendors are competing with themselves even if there was no one else.  So even a monopolist can not continue to charge prices that will make their product appear unable to ever ROI. Every TH they add to the network reduces the market value of their unsold products.
legendary
Activity: 980
Merit: 1040
and once they start shipping their pricing could in theory change to a market based price (same $/GH as their competitors) rather than the deeply discounted pre-order price they've been offering til now.

While competition is a factor, you cant talk about prices without talking about future difficulty. And future difficulty is a direct result of sales volume. That is the big unknown (aside from BTC price obviously). If all asic vendors combined only sold a few dozen PH, then Im sure there is room for prices to go up, at least for some time. If otoh, over the next 6 months we will see 100's of PH are being shipped and deployed, and BTC price remains roughly where it is now,  I dont see much of a market for $3/GH miners anymore.

hundreds of PTH/s?

lol!

Its a hypothetical, not a prediction. 12 PH seems even more absurd. FWIW we seem to be adding ~3-400 TH daily at this point, before anyone we know is shipping. If that were to continue you are already looking at 100PH per year. You dont think the pace will pick up once HF, CT, Bitmine, BFL etc will start shipping?
ImI
legendary
Activity: 1946
Merit: 1019
and once they start shipping their pricing could in theory change to a market based price (same $/GH as their competitors) rather than the deeply discounted pre-order price they've been offering til now.

While competition is a factor, you cant talk about prices without talking about future difficulty. And future difficulty is a direct result of sales volume. That is the big unknown (aside from BTC price obviously). If all asic vendors combined only sold a few dozen PH, then Im sure there is room for prices to go up, at least for some time. If otoh, over the next 6 months we will see 100's of PH are being shipped and deployed, and BTC price remains roughly where it is now,  I dont see much of a market for $3/GH miners anymore.

hundreds of PTH/s?

lol!
full member
Activity: 206
Merit: 100
and once they start shipping their pricing could in theory change to a market based price (same $/GH as their competitors) rather than the deeply discounted pre-order price they've been offering til now.

While competition is a factor, you cant talk about prices without talking about future difficulty. And future difficulty is a direct result of sales volume. That is the big unknown (aside from BTC price obviously). If all asic vendors combined only sold a few dozen PH, then Im sure there is room for prices to go up, at least for some time. If otoh, over the next 6 months we will see 100's of PH are being shipped and deployed, and BTC price remains roughly where it is now,  I dont see much of a market for $3/GH miners anymore.

Wikipedia Wink

Quote
Cartels usually occur in an oligopolistic industry, where the number of sellers is small (usually because barriers to entry, most notably startup costs, are high) and the products being traded are usually commodities Bitcoin Miners. Cartel members may agree on such matters as price fixing, total industry output, market shares, allocation of customers, allocation of territories, bid rigging, establishment of common sales agencies, and the division of profits or combination of these.

Lets hope  Cool
legendary
Activity: 980
Merit: 1040
and once they start shipping their pricing could in theory change to a market based price (same $/GH as their competitors) rather than the deeply discounted pre-order price they've been offering til now.

While competition is a factor, you cant talk about prices without talking about future difficulty. And future difficulty is a direct result of sales volume. That is the big unknown (aside from BTC price obviously). If all asic vendors combined only sold a few dozen PH, then Im sure there is room for prices to go up, at least for some time. If otoh, over the next 6 months we will see 100's of PH are being shipped and deployed, and BTC price remains roughly where it is now,  I dont see much of a market for $3/GH miners anymore.
legendary
Activity: 3234
Merit: 1220
Historically, no Asic company has raised prices, even with products in hand.  It's highly doubtful that the price will ever go up, since the return continuously goes down (even more so after shipping a crap ton of new hash to the network).

Are you sure?
The only company that never raised price was Asicminer.

Bitfury raised their prices as well for some mad reason. Probably because they knew they had XXX number of people with semi populated kits that need the extra blades.
hero member
Activity: 854
Merit: 500
einc.io
Personally I don't like the Cointerra team.
I don't like their faces.
But if Cointerra proved they have working units, I will jump into it inclusive the hosting option.
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