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Topic: [DB.RCLMR] DeepBit "Reclaimer" ASICs - page 3. (Read 46423 times)

donator
Activity: 162
Merit: 100
September 15, 2012, 03:06:04 PM
#51
Enterpoint comes to mind, the way they handled the Cairnsmore1 development and release was magnificent compared to most other developers of similar hardware.
Is that the one that just recently got a working bitstream > 800MH/s?
If by "just recently" you mean over a month ago, then yes. Also they're the ones that had the hardware at my door two days after I made my payment. They handle their business.
Their shipping times are very good then! But answer me this: how many days after you got your product before you could mine at > 800Mh/s?

I was mining at around 750Mh/s within 3 days, and I've been mining > 800Mh/s for a month or more I believe. I didn't mark my calendar. It's not perfect, but I don't expect perfection from every company I deal with. I just would like the companies to not want my money for months so they can make a product I may or may not see at some point in the future.
legendary
Activity: 952
Merit: 1000
September 15, 2012, 03:01:25 PM
#50
Enterpoint comes to mind, the way they handled the Cairnsmore1 development and release was magnificent compared to most other developers of similar hardware.
Is that the one that just recently got a working bitstream > 800MH/s?
If by "just recently" you mean over a month ago, then yes. Also they're the ones that had the hardware at my door two days after I made my payment. They handle their business.
Their shipping times are very good then! But answer me this: how many days after you got your product before you could mine at > 800Mh/s?
donator
Activity: 162
Merit: 100
September 15, 2012, 02:58:56 PM
#49
Enterpoint comes to mind, the way they handled the Cairnsmore1 development and release was magnificent compared to most other developers of similar hardware.
Is that the one that just recently got a working bitstream > 800MH/s?

If by "just recently" you mean over a month ago, then yes. Also they're the ones that had the hardware at my door two days after I made my payment. They handle their business.
legendary
Activity: 952
Merit: 1000
September 15, 2012, 02:51:34 PM
#48
Enterpoint comes to mind, the way they handled the Cairnsmore1 development and release was magnificent compared to most other developers of similar hardware.
Is that the one that just recently got a working bitstream > 800MH/s?
donator
Activity: 162
Merit: 100
September 15, 2012, 02:45:32 PM
#47
The Custom Hardware section is starting to remind me of another section of these forums where some guy found a way to get tons of people to throw coins at him. Then other people saw what he was doing, and decided to do the same thing, so they could get coins thrown at them. Look how that worked out.

FUD. All 3 instances have been well known and highly established members of the Bitcoin community. BFL has a very consistent track record for delivery excellent products, tho not without their fair share of faults. Tom and his MMQ have been very successful in selling FPGAs, and that is expected to translate well into the bASIC. And finally Deepbit is one of the largest pools, and got that way for a reason. I dare you to pick a better set of 3 companies to pre-sell ASICs.

I have no objections to the claim that what I said is FUD.

I am absolutely afraid to give someone who isn't publicly identified and does not have a working product or prototype they're willing to share thousands of dollars.

I am absolutely uncertain that all these companies will not only have the technical expertise to design and implement such a complex device, but will do so in a timely manner.

I completely doubt that these companies have my best interests at heart while they're holding onto thousands of dollars of my money with no strings attached.

As far as companies I'd trust more - any company that would be willing to take pre-orders, and not require me to give them thousands of dollars to sit in an imaginary line waiting for imaginary hardware. Enterpoint comes to mind, the way they handled the Cairnsmore1 development and release was magnificent compared to most other developers of similar hardware. I don't want anyone to stop offering this hardware, I would love to have an ASIC device for mining. What I want to stop are these poor and greedy business practices of taking money up front to (hopefully - with no transparency how can we know?) fund development costs.
donator
Activity: 162
Merit: 100
September 15, 2012, 02:39:29 PM
#46
Another claim of ASIC with no proof of anything shown that is taking pre-PURCHASE (not pre-order, there is a difference) far in advance of any  deliverable hardware. Great. I'm so excited, please take all my money.

The Custom Hardware section is starting to remind me of another section of these forums where some guy found a way to get tons of people to throw coins at him. Then other people saw what he was doing, and decided to do the same thing, so they could get coins thrown at them. Look how that worked out.

I'm not saying anyone is intentionally misleading customers (although it is completely possible), but if you are handing someone money for a device that may exist sometime in the future then you are letting them take advantage of you. You're taking the risk for their business, and they will be making the profit off of you (twice). You're an investor that is getting a negative return on your investment for months (years?) until this hardware gets delivered. You are being blinded by your greed. Look how that worked out for all the people in the long-term investments subforum.

You should take a close look at kickstarter http://www.kickstarter.com/. Its much the same "business model" as you are commenting on. Customers fit the bill for development and manufacturing @ 0% and then get promised product at a offered rate.

I have, and I'm not fond of it. Although what it does a lot better (in most circumstances, as the rewards are dictated by the company) is reward people for early adoption. For example the price you pay will often be less than the retail price for the product you're kickstarting, and you will often get other bonuses that retail customers will not get. It doesn't make up for the negatives, and I think kickstarter should be limited to startups and individuals. I really don't like it when I see established companies looking for funding for their next product on kickstarter, I feel those are the worst examples of what I described.
420
hero member
Activity: 756
Merit: 500
September 15, 2012, 12:36:53 PM
#45
Interesting they don't have any bitcoin things but indiegogo does:

http://www.indiegogo.com/projects?utf8=%E2%9C%93&filter_text=bitcoin&search_submit=Search
legendary
Activity: 952
Merit: 1000
September 15, 2012, 11:03:33 AM
#44
The Custom Hardware section is starting to remind me of another section of these forums where some guy found a way to get tons of people to throw coins at him. Then other people saw what he was doing, and decided to do the same thing, so they could get coins thrown at them. Look how that worked out.

FUD. All 3 instances have been well known and highly established members of the Bitcoin community. BFL has a very consistent track record for delivery excellent products, tho not without their fair share of faults. Tom and his MMQ have been very successful in selling FPGAs, and that is expected to translate well into the bASIC. And finally Deepbit is one of the largest pools, and got that way for a reason. I dare you to pick a better set of 3 companies to pre-sell ASICs.
legendary
Activity: 1792
Merit: 1047
September 15, 2012, 09:34:29 AM
#43
Another claim of ASIC with no proof of anything shown that is taking pre-PURCHASE (not pre-order, there is a difference) far in advance of any  deliverable hardware. Great. I'm so excited, please take all my money.

The Custom Hardware section is starting to remind me of another section of these forums where some guy found a way to get tons of people to throw coins at him. Then other people saw what he was doing, and decided to do the same thing, so they could get coins thrown at them. Look how that worked out.

I'm not saying anyone is intentionally misleading customers (although it is completely possible), but if you are handing someone money for a device that may exist sometime in the future then you are letting them take advantage of you. You're taking the risk for their business, and they will be making the profit off of you (twice). You're an investor that is getting a negative return on your investment for months (years?) until this hardware gets delivered. You are being blinded by your greed. Look how that worked out for all the people in the long-term investments subforum.

You should take a close look at kickstarter http://www.kickstarter.com/. Its much the same "business model" as you are commenting on. Customers fit the bill for development and manufacturing @ 0% and then get promised product at a offered rate.
donator
Activity: 162
Merit: 100
September 15, 2012, 09:12:53 AM
#42
Another claim of ASIC with no proof of anything shown that is taking pre-PURCHASE (not pre-order, there is a difference) far in advance of any  deliverable hardware. Great. I'm so excited, please take all my money.

The Custom Hardware section is starting to remind me of another section of these forums where some guy found a way to get tons of people to throw coins at him. Then other people saw what he was doing, and decided to do the same thing, so they could get coins thrown at them. Look how that worked out.

I'm not saying anyone is intentionally misleading customers (although it is completely possible), but if you are handing someone money for a device that may exist sometime in the future then you are letting them take advantage of you. You're taking the risk for their business, and they will be making the profit off of you (twice). You're an investor that is getting a negative return on your investment for months (years?) until this hardware gets delivered. You are being blinded by your greed. Look how that worked out for all the people in the long-term investments subforum.
member
Activity: 86
Merit: 10
September 14, 2012, 03:28:04 PM
#41
No word on date availability, can we expect this to ship before 2015 ?
We expect this to ship somewhere around first half of 03.2013
I'll post additional notice on shipping dates after prototype tests.

When do you expect to be testing the prototype?

On the larger device how expandable is it?

What kind of computer will the larger device have embed? X86, ARM?

Excited to see more vendor choices for ASICS.
420
hero member
Activity: 756
Merit: 500
September 14, 2012, 03:42:24 AM
#40
Im curious how you expect to sell any of these then. Your price/GH is significantly above BFL, and you will probably be ~6 months later. Are you just betting on BFL not delivering?
My price per GH/s is sometimes lower than some of our competitors.
Also, why would I make our prices much lower if there are no available alternatives at this moment ?

Since you wont have hardware until next year either, the alternatives are plentyful. They dont exist now, just like your product doesnt exist now, but  alternatives promise much faster delivery and better GH/$. I honestly  dont understand why anyone would preorder your asics instead.


Maybe some would believe this is more realistic and less pipe dreamy
hero member
Activity: 616
Merit: 500
September 11, 2012, 07:40:12 PM
#39
Competition is always a good thing. And depending on how many people order BFL products and how long it takes to deliver X units, it could be quite awhile before all orders that are placed in say sept/oct of this year are filled.

Also, depending on how this is setup, it could be substantially more convenient from a placement/cabling perspective compared to trying to deal with 20 individual units vs a rack.
hero member
Activity: 742
Merit: 500
September 11, 2012, 07:25:12 PM
#38
^ It seems this only solves half the problem. When a new p2pool block is announced the miner needs to start working on a new share immediately, or else work is spent finding a share that has already been found.
Yes, of course that's how it should work.
That's the reason why we invented long polling, after all :)
legendary
Activity: 980
Merit: 1008
September 11, 2012, 05:36:23 PM
#37
^ It seems this only solves half the problem. When a new p2pool block is announced the miner needs to start working on a new share immediately, or else work is spent finding a share that has already been found.

Quote
The fix would be a simple firmware change to make the FPGA report a share as soon as one is found. That would solve half the problem. The next change would be to allow the FPGA to start working on a new work unit when a new one is available without having to finish the previous. That would solve the other half of the problem.
http://bitcoin.stackexchange.com/questions/3286/why-does-the-bfl-single-produce-50-stales-with-p2pool
hero member
Activity: 742
Merit: 500
September 11, 2012, 03:58:04 PM
#36
Will you be able to cancel a nonce range and start with new work at anytime? I believe that was one of the issues with Singles on P2P, was it not?
That problem with p2pool was caused by Single's inability to report shares until the entire nonce range is processed, AFAIK.
legendary
Activity: 952
Merit: 1000
September 11, 2012, 03:28:31 PM
#35
Will p2pool be supported at reasonable stale rates? Ie. can your product be used to find shares in the p2pool share chain, as opposed to Bitcoin blocks?
Yes, shares are reported immediately, no need to wait for entire nonce range scan.
Will you be able to cancel a nonce range and start with new work at anytime? I believe that was one of the issues with Singles on P2P, was it not?
hero member
Activity: 742
Merit: 500
September 11, 2012, 03:23:02 PM
#34
Will p2pool be supported at reasonable stale rates? Ie. can your product be used to find shares in the p2pool share chain, as opposed to Bitcoin blocks?
Yes, shares are reported immediately, no need to wait for entire nonce range scan.
legendary
Activity: 980
Merit: 1008
September 11, 2012, 03:16:29 PM
#33
Will p2pool be supported at reasonable stale rates? Ie. can your product be used to find shares in the p2pool share chain, as opposed to Bitcoin blocks?
hero member
Activity: 742
Merit: 500
September 11, 2012, 01:49:35 PM
#32
I concur, I allready have a PC, so I actually don't wan't the miner to be able to mine standalone, what/who is the intended audience, multibillion rack farms!?
Mining via PC is possible too. But in most cases direct mining is MUCH more convenient.

As for the audience... Why, yes. That's what rackmount devices are for.
Plug it in somewhere, control via IP from home. There are no restrictions on what pools/servers can be used.

May be other types of Reclaimer-based devices will be created too. And we are planning to offer chips for sale if someone wants to produce their own miner.
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