Topic: Estimate of ASIC pre-orders: 13 to 15 PH/s (diff 1.8B to 2.1B) by end of 2013 - page 8. (Read 30744 times)

would you share your figures?

this does not look good for the Jupiter's!

VMC/AMC seems legit. Have a look here:
http://www.easic.com/vmc-uses-easic-to-achieve-24-756-ths-bitcoin-miner/

easic is a real company, and they have designed the chip for them.

My guess is xcrowd is legit too, although I doubt they will have a compelling product in time.

Havent looked in to labcoin, but there seem to be plenty of posters who have, and have been in contact with them and are convinced its no con. That doesnt guarantee a timely product within spec, but Id expect them to ship something someday

Yeah not sure where that came from likely me misinterpreting some earlier cite.  I decided to move ActM, XCrowd, BTCGarden, and Labcoin to the "announced but unsure" category.  I just have found it very difficult to get any real information on the companies.  Some of them in my opinon, including ActMam, have circumstances which make me question if they will ever get to market.  Still if someone can find more details (tape out, contracts, designs, chip volume) I would be happy to be corrected.  To be perfectly honestly I haven't looked very close at AMC/VMC?, XCrowd, BTCGraden, or LabCoin.  They all appear to be very opaque and I would be willing to bet at least one if not all four never make it to market in any reasonable volume.

Indeed, its the same company now, I totally missed that.

It makes no sense to estimate their total output at 24TH though, considering thats the output of only a single of their top end machines. A very conservative guess would be at least 10x higher, and more likely 100x higher, though how much of that will happen in 2013 is probably anyone's guess.

D&T mentioned Active Mining (AMC/VMC I don't care enough at the moment to remember which does what now a days) in the OP but used the hashing power of a single maximally upgraded unit. If I had to guess, and this is a complete out-of-my-ass guess, since Active Mining will be getting its first round of 28nm chips in November (with high volume coming Januaryish), I would say that by the end of Q1 2014 it will have brought at least a couple (2-3) of ph/s to the network (assuming all goes as planned and on time - ha ha).

Disclosure, I own ActM shares so my guess is likely overflowing with bias - unintentionally of course.

these seem to be missing:

http://virtualminingcorp.com/
No idea of volume, but they sell seriously large machines (up to 25TH) and  they claim "Shipping Starts October/November 2013"
If they can get even close to that, its probably reasonable to assume they will have ordered a significant number of wafers (they would be crazy not to) and they may even challenge Cointerra for volume.

Note fast-hash=!hashfast

Also missing afaict:
https://www.xcrowd.co.uk/
again, no idea of volume, Im guessing no where near the other big players, as it seems too little too late, but shipping supposedly starts this year
"Bulk shipping start date - 20-12-2013 200 or 20% of total orders to be shipped per week"

One last remark; the exact timing of the global hashrate increase is of little importance for those not mining yet or not mining very soon. If all those 28nm asics end up being a few months later than projected, it means customers (on average) will receive them that much later, but also that the associated difficulty increase will be delayed. In the end its a wash on average. Obviously what does matter greatly is difference in shipping dates and execution between companies, but its pretty much impossible to guess who will meet their goals and who wont (and by how much they miss it). May as well assume promised delivery date, or apply the same delay to everyone.

regarding cointerra, you could link this source, too.


**if you consider pre-ordering from them, this might be a good starting point for research:
https://bitcointalksearch.org/topic/m.3138029
 

Update from Bitmine:
Shipping of the miners is starting from the 10th of December 2013
http://www.prweb.com/releases/2013/9/prweb11114003.htm

2 PH/s?

The 25xx includes unpaid orders.   There were ~800 orders shipped out on day 1 and day 2 based on the cutoff (purchase) date for day 2 shipping.

I don't read that news item as "890 orders will be day 1+2 deliveries". I read that as "The priority of the first 890 orders is based on order date and not pay date, like the rest of the orders will", so it might not be that bad.

Although looking at reference 6 (KnCMiner list of orders) though, I see day 2 deliveries all the way up to order 25xx, which could make the estimate of total KNC hashing power way more scary.

We kinda do know actually and is a good consideration:

https://www.kncminer.com/pages/faq

"We will not mine with more than 5%"

Well I gave them a 25% bump over straight die shrink.  As for Labcoin well I don't believe their claims but am willing to be surprised if/when they show hardware operating at that efficiency.  Still even if Labcoin can achieve that level of die efficiency it doesn't mean competitors will.  For example if you take Labcoin's claim 130nm to 55nm is actually (130/55)^2 = 5.5x reduction in die space.  Throw in 20% more for higher clock (faster switching time due to smaller process) and you are looking at closer to  314 MH/s per mm^2.  When you see that Bitfury is "only" 132 is starts to show how optimistic Labcoin's claims are.

Granted I don't know they can't do it but great claims requires great proof.   Labcoin's die efficiency claims are 30% to 70% better than any other announced specs when normalized for transistor size.

I don't think we should just assume a straight die shrink efficiency gain.  Labcoin is 110nm and is claiming around ~2gh/s. on a 6.5x6.5mm 130nm die.  That's 47.6 Mh/mm² with 1.39 times the features per area. So scaled to 110 it would be 66Mh/s/²  Doing a 2x die shrink would mean 4x the performance, or all the way up to 266mh/s/².

And, on top of that, the smaller the transistor the less time it takes to, well transition. That means both power savings (because you lose less energy waiting for the cmos gates to close and, of course improved performance. So you could theoretically  boost performance even more.

So, if Avalon used it's money to hire some new, higher-skilled chip designers, they could potentially get a lot more performance out of their next-gen chips.

I think this is a solid estimate. Many orders were also Mercury and Saturn, keep in mind, but many orders were also multiple Jupiters, I think it's fair to assume that these balance out.

KNC Sept/Oct 500TH/s is way too low, because September are day1+2 [1,7] only(?) and ~800 orders [2].
Most of the orders contain at least one Jupiter, few orders contain one Saturn [6] which has not upgraded meanwhile [speculation].
October orders are shipped on 11 business days, so lets assume another 11*(800/2)= 4400 orders (containing Mercuries as well).
According to knc-staff Jupiter will have at least 500GH/s [3].

So let's calculate with 0,5TH/s as an average per order [6]: (800 + 4400) * 0,5TH/s = 2.600TH/s
Maybe even more since there are orders with 6,8,10+ Jupiters [6].
Cloudhashing wanted to buy from knc as well [4], don't know whether they actually pre-ordered. If so I guess it's one huge order. Looks like they did [7].


Those days knc is shipping ppl will think the network-graph must be broken as it is showing hashrate increase at an angle of 88° or so until October 15th when last ones are shipped [5]. At least it will not be comparable to anything we saw before during this time x_X



[1] https://www.kncminer.com/news/news-32
  "Finally we wish to confirm that yes we are still on track for our delivery towards the end of September."

[2] https://www.kncminer.com/news/news-20
  "The number was 890 but has dropped a little as not all bank transfers arrived in time."

[3] http://forum.kncminer.com/forum/main-category/hardware/107-psu-recommendation-jupiter-the-largest-planet?p=1050#post1050
  "According to our engineers an 850W, 80+ Gold certified PSU should be enough for a Jupiter running at the expected speed of 500 GH/s."

[4] https://cloudhashing.com/blog/13-blog/press/65-bitcoin-mining-as-a-service-maas
  "He (Cloudhashing’s founder, Emmanuel Abiodun) is also in negotiation with KNC, which he says is pledging September delivery for its own ASIC products."

[5] https://www.kncminer.com/news/news-33
  " All current paid orders will be shipped no later than October 15th.
    All new sales will reflect our November price point of;"

[6] https://bitcointalksearch.org/topic/kncminer-list-of-orders-october-delivery-249065
   "In Total 138 Jupiter 65 Saturn 17 Mercury"

[7] https://www.cloudhashing.com/frequently-asked-questions
  "A1: (...) We are currently mining and by September 2013, will be operating at over 115 terahashes. This number will climb steeply to 300 terahashes by November 2013. "
  "A2: We expect mining for September contracts to start by 26th September 2013 (...)"


*edits:
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-removed [unverified] - thanks for contribution!
-added new links
-made it more readable

That sounds like a very good estimate of the Avalon v.2 chips. Considering their short time frame and backwards compatibility, I would say your educated guesstimate is very close to on the money.

• The comments about using the same boards as the v.1 chips causes me to agree that the chips will be the same die size.
  
• The short time frame and backwards compatibility also support scaling out the single hash engine to accommodate the smaller device size.
  
• Your estimates on cash flow of avalon support the batch sizes you've suggested as well. The lack of preorders does place a much higher risk on BitSynCom, and I doubt they will sink their entire profit of v.1 into v.2. It honestly seems like the demand for asics has cooled off some.
  

Seems like another great estimate as always.