Ok, so i'm off for the weekend. Signing off now. Please don't try to place any orders or make any payments for the next couple days. I'll be back here on Monday afternoon / evening Sydney time. Next week should be exciting with the boards coming back and the chip order basically filled. There will be the possibility for a few more orders and then we are done. I'm looking into opening up a second reel buy, but it may prove simply not achievable in the new pricing structure from Bitfury. See how we go. Next week i'll have shipping details and begin chasing up payments for assembly that hasn't been payed for and shipping. We will also be getting heatsink and case options happening soon. And of course news on the prototype. Have a good weekend everyone.
Barntech
Topic: DRILLBIT SYSTEM Miners - Avalon range available - Now $104.99! - page 129. (Read 273827 times)
August 22, 2013, 10:22:50 AM
August 22, 2013, 10:18:20 AM
No, I mean something else.
If i order 4 drillbit boards you will send me free 4 stack Miniplane. Is that correct point?
"The 4 stack Miniplane comes free with any order of 2 or more assembled drillbit boards." Thanks for pointing that out.
If i order 4 drillbit boards you will send me free 4 stack Miniplane. Is that correct point?
What does it mean this sentence:
"The 4 stack Miniplane comes free with any order or 2 or more assembled drillbit boards."
"The 4 stack Miniplane comes free with any order or 2 or more assembled drillbit boards."
"The 4 stack Miniplane comes free with any order of 2 or more assembled drillbit boards." Thanks for pointing that out.
Yes.
AH yes to be totally clear, you get one miniplane if you order 2,3 or 4 boards. If you ordered 6, you would get two.
Cheers
I'm glad that you provide a mini-backplane for each 4 boards, this is inline with your initial idea of "stacking". But I have a question regarding power supply.
Is it possible to supply mini-backplane by other way than ATX connector? Initially you stated we could stack cards 4 by 4 and then using a Molex connector for each, we could supply multiple stacks.
We need to supply mini-backplane with a smaller connector than ATX, if not we would need a ATX power supply for each 4 PCB stack, and it would be a shame! I can see 3 pins connectors beside ATX cnx, but I'm not sure their purpose. Or can we connect any of the 4 PCB with a Molex and it would supply other 3 cards?
UP
August 22, 2013, 10:15:52 AM
Barntech, have you seen what Burnin Mining has said regarding overclocking Bitfury chips?
He said this:
https://bitcointalksearch.org/topic/m.2981334
Is this even possible? I know you mentioned 2.7Ghash/s or so, but this is almost double that. You might want to send him an email and this might explain why the price of chips went up 270%...
(Not trying to create any friction btw, this is purely something that could benefit us all.)
Thanks,
IAS
He said this:
Quote
BitFury, and i will again be trying to push these chips further then the competition.
Target is 5Ghash/s per chip or more.
Target is 5Ghash/s per chip or more.
https://bitcointalksearch.org/topic/m.2981334
Is this even possible? I know you mentioned 2.7Ghash/s or so, but this is almost double that. You might want to send him an email and this might explain why the price of chips went up 270%...
(Not trying to create any friction btw, this is purely something that could benefit us all.)
Thanks,
IAS
From all that we've read, pushing the chips much past 2.7Ghs is chip melting territory. That said, our board design has plenty of power and overclocking ability, so once we get the boards back this week we will push it as hard as we can and see what is possible. You will get all the updates. We'll tell you what we think a reasonable stable hashrate is, and what it is possible to push it to. See how the testing goes next week.
August 22, 2013, 10:03:34 AM
Barntech, have you seen what Burnin Mining has said regarding overclocking Bitfury chips?
He said this:
https://bitcointalksearch.org/topic/m.2981334
Is this even possible? I know you mentioned 2.7Ghash/s or so, but this is almost double that. You might want to send him an email and this might explain why the price of chips went up 270%...
(Not trying to create any friction btw, this is purely something that could benefit us all.)
Thanks,
IAS
Cool, thanks for finding this out! Almost missed it.He said this:
Quote
BitFury, and i will again be trying to push these chips further then the competition.
Target is 5Ghash/s per chip or more.
Target is 5Ghash/s per chip or more.
https://bitcointalksearch.org/topic/m.2981334
Is this even possible? I know you mentioned 2.7Ghash/s or so, but this is almost double that. You might want to send him an email and this might explain why the price of chips went up 270%...
(Not trying to create any friction btw, this is purely something that could benefit us all.)
Thanks,
IAS
If Barntech can introduce the cooling system together, pbb is better to get that with the boards
August 22, 2013, 09:59:50 AM
This update is from the first page, might explain problems with pay pal.
Quote
Announcement Thurs AUG 22nd 11:30 pm Sydney time.
I am going to be away this weekend so I won't be around to answer questions or process orders. Because we are getting to the end of the chips, we won't be accepting any orders during the time i'm away. I'll be back on monday and will kick everything again off from there. We may be looking at a new approach to distributing the final chips via auction. I have disabled the paypal buttons. Please don't send through any BTC over the next three days. Thanks guys. Have a great weekend.
I am going to be away this weekend so I won't be around to answer questions or process orders. Because we are getting to the end of the chips, we won't be accepting any orders during the time i'm away. I'll be back on monday and will kick everything again off from there. We may be looking at a new approach to distributing the final chips via auction. I have disabled the paypal buttons. Please don't send through any BTC over the next three days. Thanks guys. Have a great weekend.
August 22, 2013, 09:59:17 AM
Crap, hope this doesn't mean I missed the opportunity to order a miner.
Anyone care to guess at what time he will be back? Monday morning aussie time perhaps?
Anyone care to guess at what time he will be back? Monday morning aussie time perhaps?
August 22, 2013, 09:57:54 AM
Barntech, have you seen what Burnin Mining has said regarding overclocking Bitfury chips?
He said this:
https://bitcointalksearch.org/topic/m.2981334
Is this even possible? I know you mentioned 2.7Ghash/s or so, but this is almost double that. You might want to send him an email and this might explain why the price of chips went up 270%...
(Not trying to create any friction btw, this is purely something that could benefit us all.)
Thanks,
IAS
He said this:
Quote
BitFury, and i will again be trying to push these chips further then the competition.
Target is 5Ghash/s per chip or more.
Target is 5Ghash/s per chip or more.
https://bitcointalksearch.org/topic/m.2981334
Is this even possible? I know you mentioned 2.7Ghash/s or so, but this is almost double that. You might want to send him an email and this might explain why the price of chips went up 270%...
(Not trying to create any friction btw, this is purely something that could benefit us all.)
Thanks,
IAS
August 22, 2013, 09:54:07 AM
You don't send payment like that, they have a merchant page for payment. You should wait him back to reopen the link.
Hi,
Please follow these steps:
1. Logon to paypal account.
2. Go to "Send money"
3. To - [email protected]
4. Enter the amount
5. Choose "I'm sending money to family or friends"
6. Click OK
7. Proceed with payment
Hopefully i was helpful
Please follow these steps:
1. Logon to paypal account.
2. Go to "Send money"
3. To - [email protected]
4. Enter the amount
5. Choose "I'm sending money to family or friends"
6. Click OK
7. Proceed with payment
Hopefully i was helpful
Is anyone else having issues paying my paypal? I get this come up after authenticating:
August 22, 2013, 09:44:27 AM
i hope monday he has some more chips left i wanted 2-3 orders 
August 22, 2013, 08:56:55 AM
Paypal worked for me...
August 22, 2013, 08:41:53 AM
A potentially ugly, but serious, question: Is this a fair assessment for mining for 2 fully assembled Drillbit boards? http://mining.thegenesisblock.com/a/ae24d25426
I've put in the current PayPal cost, power use assuming 1W per chip, and middle shipping fee based on the range Barntech has been saying. I left the difficulty, diff increase, pool fee, and BTC exchange rate as the default values. Set misc cables to $0 on the assumption I can fit the boards inside my pre-existing cases with pre-existing power supplies.
I'm curious what scenarios others envision? Are we all just assuming the exchange rate goes up to make any ROI here? Or are people betting diff increase isn't accurate? Or are we resigned to be hobbyists?
I've put in the current PayPal cost, power use assuming 1W per chip, and middle shipping fee based on the range Barntech has been saying. I left the difficulty, diff increase, pool fee, and BTC exchange rate as the default values. Set misc cables to $0 on the assumption I can fit the boards inside my pre-existing cases with pre-existing power supplies.
I'm curious what scenarios others envision? Are we all just assuming the exchange rate goes up to make any ROI here? Or are people betting diff increase isn't accurate? Or are we resigned to be hobbyists?
I think you overestimate difficulty increasing over each month. I guess it would be around 40%. With that assumption, drillbit is OK, even with reduced environment (rate, elec, power drawn,...).
I do this bet with 16 boards with "adverse" scenario: http://mining.thegenesisblock.com/a/b7500f7ada
Also the BTC rate is something quite volatile, and we don't know what it would be.
I agree with Todamont, delivery after november will jeopardize ROI. The time delivery is something very important for the viability of the project.
My rule of thumb : it would be profitable if (when receiving boards):
BTC_Rate / Diff_in_Million > 0.5
for example at least 75$ with diff=150M
August 22, 2013, 08:37:48 AM
Hope you guys saw the updated OP:
Quote
Announcement Thurs AUG 22nd 11:30 pm Sydney time.
I am going to be away this weekend so I won't be around to answer questions or process orders. Because we are getting to the end of the chips, we won't be accepting any orders during the time i'm away. I'll be back on monday and will kick everything again off from there. We may be looking at a new approach to distributing the final chips via auction. I have disabled the paypal buttons. Please don't send through any BTC over the next three days. Thanks guys. Have a great weekend.
I am going to be away this weekend so I won't be around to answer questions or process orders. Because we are getting to the end of the chips, we won't be accepting any orders during the time i'm away. I'll be back on monday and will kick everything again off from there. We may be looking at a new approach to distributing the final chips via auction. I have disabled the paypal buttons. Please don't send through any BTC over the next three days. Thanks guys. Have a great weekend.
August 22, 2013, 08:21:17 AM
Hello barntech,
Just sent a payment via PayPal for four fully assembled drillbit boards.
PAYPAL ID: 2KB3575780456902D
please confirm my order thanks.
Just sent a payment via PayPal for four fully assembled drillbit boards.
PAYPAL ID: 2KB3575780456902D
please confirm my order thanks.
August 22, 2013, 07:55:11 AM
Payment amount: 40.7125 btc
Sending Address: -redacted-
Sending Address: -redacted-
August 22, 2013, 07:54:39 AM
Is anyone else having issues paying my paypal? I get this come up after authenticating:
I put through a payment an hour or two ago and it went though ok. Maybe it's hit a daily limit now or something? you've probably hit your monthly limit of 10k
August 22, 2013, 07:51:07 AM
Is anyone else having issues paying my paypal? I get this come up after authenticating:
I put through a payment an hour or two ago and it went though ok. Maybe it's hit a daily limit now or something? 
August 22, 2013, 07:36:46 AM
Hi,
Please follow these steps:
1. Logon to paypal account.
2. Go to "Send money"
3. To - [email protected]
4. Enter the amount
5. Choose "I'm sending money to family or friends"
6. Click OK
7. Proceed with payment
Hopefully i was helpful
Please follow these steps:
1. Logon to paypal account.
2. Go to "Send money"
3. To - [email protected]
4. Enter the amount
5. Choose "I'm sending money to family or friends"
6. Click OK
7. Proceed with payment
Hopefully i was helpful
Is anyone else having issues paying my paypal? I get this come up after authenticating:
August 22, 2013, 07:29:35 AM
22 Aug 2013 20:46:25 AEST
Transaction ID: 0X961659X0159691V
I had no issue with payment (paypal)
Transaction ID: 0X961659X0159691V
I had no issue with payment (paypal)
August 22, 2013, 07:11:32 AM
Is anyone else having issues paying my paypal? I get this come up after authenticating:
August 22, 2013, 07:05:29 AM
If you put our numbers into here http://www.coinish.com/calc it does come out as favorable, suggesting that these boards will provide ROI and go on to make some profit. Nothing is sure though in Bitcoin land, especially difficulty, so its hard to tell. Like with most things bitcoin, its a gamble, and it may well pay off, and i guess even if it doesn't, it won't be far off and we've all had some fun while doing it. I'd say yes, we are hobbyists. But we might also make a decent return here. I hope so. Personally i do this stuff because i enjoy it. I've actually got my old GPU miner still chugging away in the corner giving me 3 GH/s, even though its probably costing me more for power than it makes. Go figure. These boards are different though because their power draw is much much less, so than can chug away for the next 5 years without making much of an imprint. And hey BTC might go up hugely. Who knows. But yes, none of us are going to become overnight millionaires here, but we might make a bit of money, and certainly get to enjoy being a part of something big, new and exciting. At least, that's how i feel about Bitcoin. Hope you guys agree.
+1
Well said
Jump to: