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Topic: how can you build a ASIC miner ? (Read 2946 times)

hero member
Activity: 532
Merit: 500
January 02, 2015, 10:47:29 AM
#31
@all i'm not asking to urgo with any one please i'm asking for information from a trusted persons that is all what i need  if blackarrowsoftware.com is scams then this is Good i found out about this early but i saw peoples selling small amounts of chips on Ebay this is why thy must soled some before any way if you do know thy are scamming what is a good alternative thanks

You sound incredibly ignorant of the process,hence the crap you are catching on this from people more familiar with it. IF you had done your research you would not be on here looking for help. When it comes to a venture like this it requires alot of attention to detail. How you type also reveals alot about that, with that said:

First if you are looking to get investors....you are not getting any now if have not done your research first as you have to present detailed information. First find out what is required to build your ASIC OR source the hardware from an existing chip maker along with reference designs.

An ASIC will not cost you 10 million to produce (thats the hardware supply AFTER prototyping). 15,000-20,000USD will be enough to produce a prototype. Going with a company like Synopsys they can produce that on the higher end provided you have the right engineers who understand sha256 decoding. You need some good engineers to build this which does requires investment (3 million to cover ALL up front costs roughly) If you want this venture to succeed DO NOT TAKE PRE-ORDERS! The risk must be on you. You must have hardware in hand to sell. Unless the venture is for a private mining collective, learn from the failed scams on this forum.

As a newbie, I suggest you do alot more research on how an ASIC and how it works that extends WAY beyond this forum. There is plenty of documentation on the subject on google.
full member
Activity: 203
Merit: 100
January 01, 2015, 06:22:38 PM
#30
There have been several attempts by groups in the past to design their own ASIC miner board.  See for example:

https://bitcointalksearch.org/topic/m.7168771

https://github.com/blockerupter

and

https://bitcointalksearch.org/topic/the-wasp-project-collective-information-thread-422243

and

https://bitcointalksearch.org/topic/closed-bitmine-coincraft-a1-28nm-chip-distribution-diy-support-294235

If anyone is contemplating designing their own ASIC miner board I suggest you do a search on "Open source ASIC miners".  There were a few attempts by groups in 2013.  It may also give you an idea on what is involved.  It was not simple then, and has become far harder now with the modern chips running at very high clock rates and in some cases drawing hundreds of watts.





legendary
Activity: 1274
Merit: 1004
January 01, 2015, 04:45:58 PM
#29
I'm here not necessarily because I trust anyone to do anything ever, but because I do like the idea of building an ASIC miner and have looked into it a bit. So if that's the present discussion, I'd like to participate.
Not accusing you of doing anything wrong, and I definitely don't mind the idea of a thread to discuss it. I'd just suggest to maybe start a new thread, so as not to possibly give legitimacy to a guy who is likely here just to scam people. Tongue
legendary
Activity: 3374
Merit: 1859
Curmudgeonly hardware guy
January 01, 2015, 04:27:16 PM
#28
I'm here not necessarily because I trust anyone to do anything ever, but because I do like the idea of building an ASIC miner and have looked into it a bit. So if that's the present discussion, I'd like to participate.
newbie
Activity: 13
Merit: 0
January 01, 2015, 12:19:33 PM
#27
Just let this die. The guy has no intention of building a miner or a farm. This is all just lame backstory for funding loans for his cloud mining "operation" or actually starting a future ponzi cloud mining outfit.

I agree OP probably will not be able to accomplish what he hopes to but I still find it interesting to hear about some of the knowledge needed to accomplish this. This information would not be easy to find using a simple google search and maybe somebody may be able to use some of this information in future.
legendary
Activity: 1274
Merit: 1004
January 01, 2015, 02:14:04 AM
#26
Just let this die. The guy has no intention of building a miner or a farm. This is all just lame backstory for funding loans for his cloud mining "operation" or actually starting a future ponzi cloud mining outfit.
hero member
Activity: 784
Merit: 1004
Glow Stick Dance!
January 01, 2015, 02:00:16 AM
#25
@all i'm not asking to urgo with any one please i'm asking for information from a trusted persons that is all what i need  if blackarrowsoftware.com is scams then this is Good i found out about this early but i saw peoples selling small amounts of chips on Ebay this is why thy must soled some before any way if you do know thy are scamming what is a good alternative thanks

"Urgo"?
legendary
Activity: 3878
Merit: 1193
December 31, 2014, 10:59:59 PM
#24
You have 3 options.

1. Buy Bitmain miners
2. Buy Spondoolies miners
3. Spend $10,000,000 USD to build your own.

I'm guessing you can't affort option #3, so spend what little money you do have on Bitmain and Spondoolies.
newbie
Activity: 55
Merit: 0
December 31, 2014, 09:48:16 PM
#23
@sidehack
thanks so much for your reply its one of the main reason for this post is to get information from people who have an experience in this and get suggestions from others who have try and learn from other people mistakes  Smiley

thanks so much for your answer
legendary
Activity: 3374
Merit: 1859
Curmudgeonly hardware guy
December 31, 2014, 09:42:24 PM
#22
BlackArrow was several months behind on shipping their miners. Basic things supposed to have shipped in February were unavailable in July. They offered to their customers a trade which amounted to about six Minion ASICs for every ASIC in a piece of hardware (so the X-1, a 1-chip miner, would become six loose chips) and they could do whatever they wanted with the chips. Technobit, capitalizing on that, announced a four-ASIC board built for the Minion ASIC and an offer to take in chips in trade for assembly. A four-chip board would cost eight chips - four to install on the board, and four taken as payment. They were supposed to be shipping out these boards in August. Minersource worked out a big "group buy" which should have been delivered just a hair over four months ago and, as far as I know, very few people have gotten theirs yet. Boards were trickling out at a few a day for a while, and riddled with problems. The thread hasn't been updated with progress in a couple months and I think a lot of people have just given up. So it's possible that Technobit has a crate full of Minions hanging out in the back room not doing anything - that's not saying they should, since some of those probably belong on customer boards, but some of them were taken in as payment for things which might have been delivered. If they haven't used those chips yet, they might be willing to sell them. Or stick them on boards for you?

In any case, the BlackArrow Minion is probably not a good chip to build around. If it had met its target efficiency (about 0.55W/GH) instead of blowing it pretty badly, it'd be very competetive for a while. If I'm thinking right, the $500K/25k chips comes in about $200/TH which is a good price but ASICs are only going to be half the cost of a miner - even less if PSU are considered. And BlackArrow has been really good about blowing deadlines and ripping people off, so who knows if you'd ever even get the chips.
newbie
Activity: 55
Merit: 0
December 31, 2014, 09:31:46 PM
#21
If you want Blackarrow chips, I bet Technobit has a bunch they'd be willing to unload since they haven't put them on boards for customers due in August yet.

can you provide me with a link to explain this please ?
why and where?
newbie
Activity: 55
Merit: 0
December 31, 2014, 09:29:34 PM
#20
@all i'm not asking to urgo with any one please i'm asking for information from a trusted persons that is all what i need  if blackarrowsoftware.com is scams then this is Good i found out about this early but i saw peoples selling small amounts of chips on Ebay this is why thy must soled some before any way if you do know thy are scamming what is a good alternative thanks
legendary
Activity: 3374
Merit: 1859
Curmudgeonly hardware guy
December 31, 2014, 09:28:06 PM
#19
If you want Blackarrow chips, I bet Technobit has a bunch they'd be willing to unload since they haven't put them on boards for customers due in August yet.
hero member
Activity: 784
Merit: 1004
Glow Stick Dance!
December 31, 2014, 09:24:12 PM
#18
People don't build ASIC miners. Companies do. People just buy them.
Really?

Companies hire people to build and manufacture the chips for the company so they can sell them.

Who do you think companies design, research and test their chips?

+1
correct thanks

I could argue all day about this. But this is clearly someone who is in over their head. And asking about chips from a known scam company (BlackArrow) boldly illustrates this.
hero member
Activity: 526
Merit: 500
December 31, 2014, 09:13:07 PM
#17
i'm thinking to buy some of this

http://www.blackarrowsoftware.com/store/bitcoin-asics/

any recommendation ? suggestions of better or maybe lower rate products ?

That sounds just about right.   (Blackarrow have a poor reputation)
sr. member
Activity: 241
Merit: 250
December 31, 2014, 09:09:58 PM
#16
People don't build ASIC miners. Companies do. People just buy them.
Really?

Companies hire people to build and manufacture the chips for the company so they can sell them.

Who do you think companies design, research and test their chips?
newbie
Activity: 55
Merit: 0
December 31, 2014, 09:07:37 PM
#15
i'm thinking to buy some of this

http://www.blackarrowsoftware.com/store/bitcoin-asics/

any recommendation ? suggestions of better or maybe lower rate products ?
legendary
Activity: 3374
Merit: 1859
Curmudgeonly hardware guy
December 31, 2014, 09:00:33 PM
#14
You need to weigh the expected savings of producing miners vs purchasing exising miners in bulk from a large manufacturer, against the opportunity cost of mined coins during the time between which you'd have hardware in hand if you bought existing versus the expected start of mining from in-house-production hardware. If you can use less-efficient gear and have somewhere to put it, talk to Bitmain about some of the petahashes of S3s they're unloading on the cheap. Buy a truckload or three, run them until the daily operating cost equals the daily average yield, then start working them down with undervolts and underclocks.
newbie
Activity: 55
Merit: 0
December 31, 2014, 08:50:20 PM
#13
I don't really know. Who's selling chips currently? Anything built now is going to have to compete with a generation of 0.2-0.3W/GH stuff in a few months, which is going to hurt longevity. Also as a rule I ignore altcoins so can't (or won't, either way) give advice there.

If you can get a barrel of BE200 for cheap and underclock the crap out of 'em might be okay. Avalon's new chips are available in quantity and have decent (for extant hardware) power efficiency, not sure about pricing though. I'm looking forward to BE300 availability but information is sparse and the chips themselves are two months away.

i dont care about power consuming i get a very cheep power  where i will be hosting this
its one of my main reasons to think about it

1-  power cheep
2- internet cheep and fast
3- location is cheep and secure

the only costly part will be the miners so if we can make them then it will be WoW
legendary
Activity: 3374
Merit: 1859
Curmudgeonly hardware guy
December 31, 2014, 08:38:06 PM
#12
I don't really know. Who's selling chips currently? Anything built now is going to have to compete with a generation of 0.2-0.3W/GH stuff in a few months, which is going to hurt longevity. Also as a rule I ignore altcoins so can't (or won't, either way) give advice there.

If you can get a barrel of BE200 for cheap and underclock the crap out of 'em might be okay. Avalon's new chips are available in quantity and have decent (for extant hardware) power efficiency, not sure about pricing though. I'm looking forward to BE300 availability but information is sparse and the chips themselves are two months away.
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