HashFast announces specs for new ASIC: 400GH/s - page 570.

jlsminingcorp

hero member

Activity: 493

Merit: 500

Hooray for non-equilibrium thermodynamics!

Quote from: NetTime on July 31, 2013, 03:18:27 PM

Quote from: minternj on July 31, 2013, 02:57:09 PM

Fashhash needs to come to the market quick. Anything past october will have to come priced at half of the october knc or bitfury 400gh machines prices to be attractive at all.

+1 or they need to bring some serious power, units pushing 1TH/s min

The hashrate of the miner is pretty much irrellevant unless you need a very high density solution (e.g. for a really big mine), since you can just buy several smaller miners to make up the desired hashrate. The factors that are important are GH/s per $ and GH/s per kWh (+ timescale of course).

GreenDefender

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Activity: 271

Merit: 250

Quote from: jspielberg on July 31, 2013, 02:40:29 PM

Quote from: minternj on July 31, 2013, 02:07:44 PM

Wow that is some high power costs. I dont know that hash/chip really matters all that much, its really cost/ghash and ghash/Joule.

I think bitfury 100TH miners are currently the ones to beat... ~1GH/1watt... $20/GH 25GH to 400GH configurations, with availability in October.

Looking forward to hearing the details specifying HashFast's cost/power/speed configurations.

Still waiting for my Avalon Batch 3 refund, and would like to get back into the mining space. Hopefully HashFast will have some info out by then. Knowing Bitsyncom, I will probably have some time Grin

you are a lucky man.
I think time factor is important today. If are the facts on table, we had to discuss carefully about equipment and company.
But if are we prepared for a group buy, we can order very quick. Some of first places in order queue, and maybe win a month - see KnC

Kouye

sr. member

Activity: 336

Merit: 250

Cuddling, censored, unicorn-shaped troll.

Looks like you have setup a nice bunch of socks to flood down the important questions on this thread, congrats.

And while I'm here... Any word on this hillarious twitter account deletion ?

NetTime

full member

Activity: 253

Merit: 101

Quote from: minternj on July 31, 2013, 02:57:09 PM

Fashhash needs to come to the market quick. Anything past october will have to come priced at half of the october knc or bitfury 400gh machines prices to be attractive at all.

+1 or they need to bring some serious power, units pushing 1TH/s min

jlsminingcorp

hero member

Activity: 493

Merit: 500

Hooray for non-equilibrium thermodynamics!

These threads crack me up. We move from violent dueling to bizzare comedy in a short space of time and there's bound to be some tradgedy at some point too. It's like watching a Shakespeare play!

jspielberg

sr. member

Activity: 490

Merit: 255

Quote from: -Redacted- on July 31, 2013, 02:53:38 PM

Bait...
.
.
.
Presumably used to reel in a bunch of suckers.

Hey... I resemble that remark!

minternj

sr. member

Activity: 434

Merit: 250

Quote from: Bitcoinorama on July 31, 2013, 02:48:49 PM

Quote from: jspielberg on July 31, 2013, 02:47:32 PM

Quote from: jlsminingcorp on July 31, 2013, 02:46:30 PM

Quote from: nightengale on July 31, 2013, 12:30:57 PM

I guess it's a good sign for an ASIC provider when their thread gets hijacked by all of this irrelevant crap?

[joking]
They all do sooner or later. It's a credit to HashFast that they have managed to amass 16 pages worth in less than a week Grin

.
[/joking]

Asic announcements are just chum in these here waters.

What's chum...?

Fishing term. Usually ground up fish thrown in the water to excite the fish to come to the boat.'

Fashhash needs to come to the market quick. Anything past october will have to come priced at half of the october knc or bitfury 400gh machines prices to be attractive at all.

jspielberg

sr. member

Activity: 490

Merit: 255

http://en.wikipedia.org/wiki/Chumming

-Redacted-

hero member

Activity: 574

Merit: 501

Bait...
.
.
.
Presumably used to reel in a bunch of suckers.

Bitcoinorama

hero member

Activity: 532

Merit: 500

Quote from: jspielberg on July 31, 2013, 02:47:32 PM

Quote from: jlsminingcorp on July 31, 2013, 02:46:30 PM

Quote from: nightengale on July 31, 2013, 12:30:57 PM

I guess it's a good sign for an ASIC provider when their thread gets hijacked by all of this irrelevant crap?

[joking]
They all do sooner or later. It's a credit to HashFast that they have managed to amass 16 pages worth in less than a week Grin

.
[/joking]

Asic announcements are just chum in these here waters.

What's chum...?

jspielberg

sr. member

Activity: 490

Merit: 255

Quote from: jlsminingcorp on July 31, 2013, 02:46:30 PM

Quote from: nightengale on July 31, 2013, 12:30:57 PM

I guess it's a good sign for an ASIC provider when their thread gets hijacked by all of this irrelevant crap?

[joking]
They all do sooner or later. It's a credit to HashFast that they have managed to amass 16 pages worth in less than a week Grin

.
[/joking]

Asic announcements are just chum in these here waters.

jlsminingcorp

hero member

Activity: 493

Merit: 500

Hooray for non-equilibrium thermodynamics!

Quote from: nightengale on July 31, 2013, 12:30:57 PM

I guess it's a good sign for an ASIC provider when their thread gets hijacked by all of this irrelevant crap?

[joking]
They all do sooner or later. It's a credit to HashFast that they have managed to amass 16 pages worth in less than a week Grin

.
[/joking]

jspielberg

sr. member

Activity: 490

Merit: 255

Quote from: minternj on July 31, 2013, 02:07:44 PM

Wow that is some high power costs. I dont know that hash/chip really matters all that much, its really cost/ghash and ghash/Joule.

I think bitfury 100TH miners are currently the ones to beat... ~1GH/1watt... $20/GH 25GH to 400GH configurations, with availability in October.

Looking forward to hearing the details specifying HashFast's cost/power/speed configurations.

Still waiting for my Avalon Batch 3 refund, and would like to get back into the mining space. Hopefully HashFast will have some info out by then. Knowing Bitsyncom, I will probably have some time Grin

Bitcoinorama

hero member

Activity: 532

Merit: 500

Quote from: minternj on July 31, 2013, 02:07:44 PM

Quote from: GreenDefender on July 31, 2013, 01:19:18 PM

Hi there,

....The GN chip will perform more than 400 Ghash per second, this is more than 50 times more hashing capacity per chip than any currently available solution, and uses as little as 10% of the power per Ghash as the current-generation ASICs.

HashFast Technologies was founded in San Francisco in 2013 by by Simon Barber and Eduardo de Castro.

in Germany i have to pay 0.285€/kWh (=0.374$US) world record ? Shocked

I will reserve several btc's for a Group Buy if get facts. What do you think ?

Wow that is some high power costs. I dont know that hash/chip really matters all that much, its really cost/ghash and ghash/Joule.

This really does begin to effect decentralisation somewhat further down the road if areas of the planet become prohibitive to mine within because of higher electricity costs to run the hardware...

minternj

sr. member

Activity: 434

Merit: 250

Quote from: GreenDefender on July 31, 2013, 01:19:18 PM

Hi there,

....The GN chip will perform more than 400 Ghash per second, this is more than 50 times more hashing capacity per chip than any currently available solution, and uses as little as 10% of the power per Ghash as the current-generation ASICs.

HashFast Technologies was founded in San Francisco in 2013 by by Simon Barber and Eduardo de Castro.

in Germany i have to pay 0.285€/kWh (=0.374$US) world record ? Shocked

I will reserve several btc's for a Group Buy if get facts. What do you think ?

Wow that is some high power costs. I dont know that hash/chip really matters all that much, its really cost/ghash and ghash/Joule.

Kouye

sr. member

Activity: 336

Merit: 250

Cuddling, censored, unicorn-shaped troll.

Quote from: gateway on July 31, 2013, 01:50:50 PM

So I have had the pleasure of hanging out with the HashFast guys last sat for several hours discussing various topics from the tech to this forum

I have known John for several years and did business with him in the past and hes a a fair guy and always a pleasure to do business with.

Simon and Eduardo are very smart cookies and its nice to see a company from the Bay Area producing chips/products.

These guys are legit, and while under NDA I cant talk to much about what they are up to but im very excited to see such next gen stuff coming out for people here that are mining from the low end guys to the big boys who always try to buy everything they can Tongue

What they have coming I'm deff waiting in line for and I think everyone will be buzzing when they release the info of their first product.

So just kinda throwing my hat in the ring here to verify that these guys are not some fly by night company.

Cheers guys and cant wait to have another 400Gh/s device mining away in the next few months.. or what ever the time release is Tongue

Great news! Did you get any insight on this funky twitter account deletion, too ?

gateway

hero member

Activity: 552

Merit: 500

So I have had the pleasure of hanging out with the HashFast guys last sat for several hours discussing various topics from the tech to this forum

I have known John for several years and did business with him in the past and hes a a fair guy and always a pleasure to do business with.

Simon and Eduardo are very smart cookies and its nice to see a company from the Bay Area producing chips/products.

These guys are legit, and while under NDA I cant talk to much about what they are up to but im very excited to see such next gen stuff coming out for people here that are mining from the low end guys to the big boys who always try to buy everything they can Tongue

What they have coming I'm deff waiting in line for and I think everyone will be buzzing when they release the info of their first product.

So just kinda throwing my hat in the ring here to verify that these guys are not some fly by night company.

Cheers guys and cant wait to have another 400Gh/s device mining away in the next few months.. or what ever the time release is Tongue

GreenDefender

sr. member

Activity: 271

Merit: 250

Hi there,

....The GN chip will perform more than 400 Ghash per second, this is more than 50 times more hashing capacity per chip than any currently available solution, and uses as little as 10% of the power per Ghash as the current-generation ASICs.

HashFast Technologies was founded in San Francisco in 2013 by by Simon Barber and Eduardo de Castro.

in Germany i have to pay 0.285€/kWh (=0.374$US) world record ? Shocked

I will reserve several btc's for a Group Buy if get facts. What do you think ?

crumbs

full member

Activity: 210

Merit: 100

Quote from: ProfMac on July 31, 2013, 12:32:15 PM

Quote from: crumbs on July 31, 2013, 12:25:35 PM

Quote from: ProfMac on July 31, 2013, 12:13:23 PM

Quote from: crumbs on July 31, 2013, 11:59:30 AM

Quote from: ProfMac on July 31, 2013, 11:38:45 AM

Quote from: crumbs on July 31, 2013, 11:32:39 AM

Quote from: ProfMac on July 31, 2013, 11:23:55 AM

Quote from: crumbs on July 31, 2013, 11:21:21 AM

Stop. You're wrong in several ways already. First is trivial to explain:
A company owes more to its shareholders than *a* profit. It *must maximise* the profit. At least them's the laws IRL. If you're satisfied when your investment makes a satoshi after a year, you're in the minority.

Can you point to such a law?

Are you saying that there is no such law? How specific would you like the wording of the law to be?

Edit: Thanks, Flashman.

I read at http://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Company the following language:

Quote

"Among non-experts, conventional wisdom holds that corporate law requires boards of directors to maximize shareholder wealth. This common but mistaken belief is almost invariably supported by reference to the Michigan Supreme Court's 1919 opinion in Dodge v. Ford Motor Co."[1]

"Dodge is often misread or mistaught as setting a legal rule of shareholder wealth maximization. This was not and is not the law. Shareholder wealth maximization is a standard of conduct for officers and directors, not a legal mandate. The business judgment rule [which was also upheld in this decision] protects many decisions that deviate from this standard. This is one reading of Dodge. If this is all the case is about, however, it isn’t that interesting."[2]

...And this is why i asked you how specific you wish the wording to be. Is your objection qualitative, or are we going to swap wikip links in a pedantic back & forth?

I have never heard of such a law. I almost asked for a pointer. When I Googled Ford Dodge Brothers maximize profit, I immediately found language that disagrees with the assertion, and I reported that back.
I just want to be informed, and to avoid drama I used short simple words with their common meanings in a clinically dry question.

And i have but asked you to clarify the meaning of your request -- the Ford vs. Dodge case was offered by another user. There's no drama here, unless your threshold for it is uniquely low.

Can you point to law that says: a company must maximize it's profit for it's shareholders.

No. Shame on me.
My argument does not pivot on this point. Your choice to disregard the gist and focus on an inconsequential detail reeks of pedantry & desperation to be right.

ProfMac

legendary

Activity: 1246

Merit: 1002

Quote from: crumbs on July 31, 2013, 12:25:35 PM

Quote from: ProfMac on July 31, 2013, 12:13:23 PM

Quote from: crumbs on July 31, 2013, 11:59:30 AM

Quote from: ProfMac on July 31, 2013, 11:38:45 AM

Quote from: crumbs on July 31, 2013, 11:32:39 AM

Quote from: ProfMac on July 31, 2013, 11:23:55 AM

Quote from: crumbs on July 31, 2013, 11:21:21 AM

Stop. You're wrong in several ways already. First is trivial to explain:
A company owes more to its shareholders than *a* profit. It *must maximise* the profit. At least them's the laws IRL. If you're satisfied when your investment makes a satoshi after a year, you're in the minority.

Can you point to such a law?

Are you saying that there is no such law? How specific would you like the wording of the law to be?

Edit: Thanks, Flashman.

I read at http://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Company the following language:

Quote

"Among non-experts, conventional wisdom holds that corporate law requires boards of directors to maximize shareholder wealth. This common but mistaken belief is almost invariably supported by reference to the Michigan Supreme Court's 1919 opinion in Dodge v. Ford Motor Co."[1]

"Dodge is often misread or mistaught as setting a legal rule of shareholder wealth maximization. This was not and is not the law. Shareholder wealth maximization is a standard of conduct for officers and directors, not a legal mandate. The business judgment rule [which was also upheld in this decision] protects many decisions that deviate from this standard. This is one reading of Dodge. If this is all the case is about, however, it isn’t that interesting."[2]

...And this is why i asked you how specific you wish the wording to be. Is your objection qualitative, or are we going to swap wikip links in a pedantic back & forth?

I have never heard of such a law. I almost asked for a pointer. When I Googled Ford Dodge Brothers maximize profit, I immediately found language that disagrees with the assertion, and I reported that back.
I just want to be informed, and to avoid drama I used short simple words with their common meanings in a clinically dry question.

And i have but asked you to clarify the meaning of your request -- the Ford vs. Dodge case was offered by another user. There's no drama here, unless your threshold for it is uniquely low.

Can you point to law that says: a company must maximize it's profit for it's shareholders.

Topic: HashFast announces specs for new ASIC: 400GH/s - page 570. (Read 880461 times)