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Topic: Fast-Hash-400's 400 GH/s each (Read 8108 times)

hero member
Activity: 840
Merit: 1000
May 06, 2013, 11:24:43 AM
#68
So is the minirig, at jally power draws, a minirig needs 9KW of power each. It's a portable fire starter and neighborhood light dimmer, and the power bill will each up a vast amount of profit.

the average household only can pull 3kw tops if you run everything you have all at once.
You are right about the issues with running a minirig off of household power, but it is ridiculous to assert that the power costs of a 9kW 1.5Th/s rig would "eat up a vast amount of profit".  At current difficulty, price, and the average US electricity price ($0.12), power costs would be 0.29% of revenue.  At 76x the current difficulty, it would be 22%, similar to the efficiency of a dual 5970 rig today.
hero member
Activity: 840
Merit: 1000
May 06, 2013, 11:15:54 AM
#67
How many units would you buy?

If we could deliver the units NOW.

Specifications:

  • Fast-Hash-400's @ 400 GH/s each
  • 45nm 6 GH/s chips
  • 75 chips per board
  • 1 board per unit
  • expandable to 4 boards
  • expandable to 1.6 TH/s
  • Rack Mountable
  • Low Power
  • ~$15,000
If you could deliver NOW, I would buy as many as I could afford.  However, you aren't delivering NOW, so I am interested in buying exactly zero.

Thus, I'd be interested in ASIC miners at or below, say, $8000 per TH/s, especially if they draw significantly less power than the BFL ones.
Delivery time is much more important than Th/$ or Th/W in the current mining market.

OP, why are you asking what we would pay now if these 45nm products will only be available a year from now?


The "Virtual Mining Corp" site, as well as another site you own, axs.net (can2it), are pretty shady and are not what I would expect from competent engineers and businessmen.

From my observations:
  • Optimistic case, you are a BitcoinINV type who has good intentions but is woefully unprepared for the businesses he runs.
  • Worst case, you are a scammer.

Either way, I find it hard to believe that you will develop your own 45nm ASICs within a year.

You claim the miner is AM3+ compatible, and contains an AMD 8350. Why?

2GB ram, upgradeable to 32GB. Why?

USB 3.0. Why?
To impress newbies?

legendary
Activity: 1988
Merit: 1012
Beyond Imagination
May 06, 2013, 10:06:04 AM
#66

Guy on the website looks nowhere near average Bitcoin miner. My usual response upon meeting people looking like him is "No, thanks, bye!"  Grin

Exactly, once I sent a coin to a girl who looks like that woman on their website, and guess what? She lost her mywallet password  Cheesy
sr. member
Activity: 476
Merit: 250
May 05, 2013, 12:26:44 PM
#65
Zero
member
Activity: 280
Merit: 13
May 04, 2013, 06:38:02 PM
#64
see how many get burnt this time  Roll Eyes

legendary
Activity: 1988
Merit: 1012
Beyond Imagination
May 04, 2013, 01:58:57 PM
#63
now 31  Cheesy
full member
Activity: 181
Merit: 117
May 04, 2013, 06:16:37 AM
#62
Thanks for being honest. We have somewhere around 28 fiat millionaires waiting to get rich in bitcoins.

Voted.
But I lied. Smiley
full member
Activity: 190
Merit: 100
May 04, 2013, 02:41:16 AM
#61
Voted.
But I lied. Smiley
sr. member
Activity: 476
Merit: 250
May 03, 2013, 06:03:43 PM
#60
Still working on it.
legendary
Activity: 1974
Merit: 1003
May 03, 2013, 05:39:19 PM
#59
your site looks like its made for 10$ by a indian .... it sure dosent look like a company who asks 15k for a product ...
sr. member
Activity: 476
Merit: 250
May 03, 2013, 12:19:12 PM
#58
I paid slightly less than 30K for my [upgrade] order of two BFL SC miniRigs, with an aggregate hash rate of 3 TH/s - so why would I want to pay 30K for a measly 400 GH/s?

An absurd proposition.

Yes, you are right, if BFL continues to sell their now 1 TH/s rigs at $30,000, so if that is the case would you buy
at $15,000?

Just trying to see what the interest is here.

I'm not going to buy at a HIGHER price per TH/s than I already have.
I paid $10000 per TH/s.

Thus, I'd be interested in ASIC miners at or below, say, $8000 per TH/s, especially if they draw significantly less power than the BFL ones.

It is good to know that your price point is at $8,000 per TH/s
sr. member
Activity: 476
Merit: 250
May 02, 2013, 01:57:28 PM
#57
Assuming that sales was done through a pre-existing company who grows own silicon and they could ship *now*...

I'd take between 8 and 24 units @ 15k each

but the window is closing on this- because soooner or later BFL is going to re-open sales on rigs... and then that money's committed.


Did you put the 24 in the poll?  If not please do.
sr. member
Activity: 420
Merit: 250
May 02, 2013, 01:46:02 PM
#56
Assuming that sales was done through a pre-existing company who grows own silicon and they could ship *now*...

I'd take between 8 and 24 units @ 15k each

but the window is closing on this- because soooner or later BFL is going to re-open sales on rigs... and then that money's committed.
hero member
Activity: 648
Merit: 500
May 02, 2013, 12:50:07 PM
#55
Depending on how it all shakes out I might be interested but I refuse to pre-order anything again.  There is no need to gauge interest around here, develop a product that can generate a 'fair' ROI without breaking the bank (or for that matter electricity costs) and you will be swimming in orders before you can upgrade your infrastructure.

Show us something that works and works well and I will show you an avalanche of new business.

Yes, I know that, but a Major Semiconductor Company does not.

I think a "major semiconductor company" has better research methods than unscientific polls via an internet forum.  just sayin...

And in any case there is more than enough evidence all over bitcointalk of the popularity and interest in asics. But if i see one more "we're building new asics, better than everyone else...are you interested?"  I'm going to have to punch my screen

Truth here - All this semiconductor company would need to do is use google to know they would have instant buisiness - This whole thing smells of scam - Although I will say if a company could make a PCB and use Avalon chips by ordering 200,000 of them and assemble thier own units they could make a ton of money selling them. - If only I had the knowledge and resources to do that  Grin

They could google Bitcoins if they knew about Bitcoins which they didn't.  Because you know about Bitcoin doesn't mean everyone does.  They did not know about them until I started talking to them about Bitcoins.  Management is starting to talk about them.  So this poll is trying to show them that this market is big, if you can deliver the goods fast.

Didn't. They do now, and if they were serious about manufacturing chips they would do their own research.

How many units would you buy?

If we could deliver the units NOW.

Specifications:

  • Fast-Hash-400's @ 400 GH/s each
  • 45nm 6 GH/s chips
  • 75 chips per board
  • 1 board per unit
  • expandable to 4 boards
  • expandable to 1.6 TH/s
  • Rack Mountable
  • Low Power
  • ~$15,000

Just trying to get an idea of how many chips we could sell, so as to convince a Major Semiconductor Company that
they need to be in the Bitcoin ASIC chip market.

How do you propose to do this as the company you are working with has just recently heard about bitcoin, and is using a forum poll for research?

Quote
Fast-Hash machines keep you up with the Joneses.

Would you be referring to These Joneses?
sr. member
Activity: 476
Merit: 250
May 02, 2013, 12:17:40 PM
#54
A company called virtual mining didnt know what bitcoins were...then what were you guys mining with all this high tech computer equipment?

and how does that make you the "bitcoin mining experts"

Not Virtual Mining, but the Semiconductor company.
PeZ
sr. member
Activity: 297
Merit: 250
May 02, 2013, 12:13:03 PM
#53
A sucker is no longer born every minute...they are born every millisecond.
hero member
Activity: 697
Merit: 500
May 02, 2013, 12:03:21 PM
#52
I paid slightly less than 30K for my [upgrade] order of two BFL SC miniRigs, with an aggregate hash rate of 3 TH/s - so why would I want to pay 30K for a measly 400 GH/s?

An absurd proposition.

So is the minirig, at jally power draws, a minirig needs 9KW of power each. It's a portable fire starter and neighborhood light dimmer, and the power bill will each up a vast amount of profit.

the average household only can pull 3kw tops if you run everything you have all at once.

That's cute. The average doll house with an easybake oven?

Go check the power consumption of your oven and dryer and come back with your findings. I'd have had serious issues if I was capped at 3kW at my apartment.
newbie
Activity: 15
Merit: 0
May 02, 2013, 11:32:38 AM
#51
A company called virtual mining didnt know what bitcoins were...then what were you guys mining with all this high tech computer equipment?

and how does that make you the "bitcoin mining experts"
sr. member
Activity: 476
Merit: 250
May 02, 2013, 11:26:18 AM
#50
Depending on how it all shakes out I might be interested but I refuse to pre-order anything again.  There is no need to gauge interest around here, develop a product that can generate a 'fair' ROI without breaking the bank (or for that matter electricity costs) and you will be swimming in orders before you can upgrade your infrastructure.

Show us something that works and works well and I will show you an avalanche of new business.

Yes, I know that, but a Major Semiconductor Company does not.

I think a "major semiconductor company" has better research methods than unscientific polls via an internet forum.  just sayin...

And in any case there is more than enough evidence all over bitcointalk of the popularity and interest in asics. But if i see one more "we're building new asics, better than everyone else...are you interested?"  I'm going to have to punch my screen

Yes, but they didn't even know what Bitcoin were.
sr. member
Activity: 476
Merit: 250
May 02, 2013, 11:23:30 AM
#49
Depending on how it all shakes out I might be interested but I refuse to pre-order anything again.  There is no need to gauge interest around here, develop a product that can generate a 'fair' ROI without breaking the bank (or for that matter electricity costs) and you will be swimming in orders before you can upgrade your infrastructure.

Show us something that works and works well and I will show you an avalanche of new business.

Yes, I know that, but a Major Semiconductor Company does not.

I think a "major semiconductor company" has better research methods than unscientific polls via an internet forum.  just sayin...

And in any case there is more than enough evidence all over bitcointalk of the popularity and interest in asics. But if i see one more "we're building new asics, better than everyone else...are you interested?"  I'm going to have to punch my screen

Truth here - All this semiconductor company would need to do is use google to know they would have instant buisiness - This whole thing smells of scam - Although I will say if a company could make a PCB and use Avalon chips by ordering 200,000 of them and assemble thier own units they could make a ton of money selling them. - If only I had the knowledge and resources to do that  Grin

They could google Bitcoins if they knew about Bitcoins which they didn't.  Because you know about Bitcoin doesn't mean everyone does.  They did not know about them until I started talking to them about Bitcoins.  Management is starting to talk about them.  So this poll is trying to show them that this market is big, if you can deliver the goods fast.
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