Think about it. A gridseed single used like 7 watts with the fan, 4-5 watts without. A blade is 16 of those. You could tell the rating on the box\websites was overly cautious.
Topic: Interview with Shenyu(God fish): 'SilverFish Scrypt ASIC Miner will be the first (Read 2389 times)
June 20, 2014, 02:56:20 AM
This is 10 of them on a controller\outlet:
Think about it. A gridseed single used like 7 watts with the fan, 4-5 watts without. A blade is 16 of those. You could tell the rating on the box\websites was overly cautious.
Think about it. A gridseed single used like 7 watts with the fan, 4-5 watts without. A blade is 16 of those. You could tell the rating on the box\websites was overly cautious.
June 20, 2014, 02:25:57 AM
The Gridseed blade consumes 90 watts each at 838Mhz while hashing at 5.7Mh/s and 5 of them will run you around 2700ish without doing any bargain hunting. They are quite frankly better in every way. But the main thing is, they have been around for months now. There was no need to take the huge risk of a preorder to get them. So yea these things would have been nice two or three months ago to complete with gridseeds. Now though, whats the point?
My facts are not off. I run dozens of blades and I can assure you, regardless of what it says on the box the average one pulls 90 watts or less from the wall. Overvolted and overlocked ones can pull 140 watts, but then you would only need four of those to match the SF so the gridseed wins even more in that case.
My facts are not off. I run dozens of blades and I can assure you, regardless of what it says on the box the average one pulls 90 watts or less from the wall. Overvolted and overlocked ones can pull 140 watts, but then you would only need four of those to match the SF so the gridseed wins even more in that case.
Please post screenshot of a 5.7 MH gridseed blade hasing at 90 watts and I will believe it, maybe every site is wrong on power usage. I just don't see with it's chips it getting that speed of hashing for the watts you mention.
Gridseed listed as: Scrypt only mode: 64-70W on each panel. (140W per miner)
Here is a SF hashing at approx 28 MH and pulling 430 watts.
June 20, 2014, 01:40:20 AM
tl;dr version:
A bunch of question about vaporware.
LOL:A bunch of question about vaporware.
http://www.zighash.com/product/silverfish-blade-28mhs-scrypt-miner/
Is the LOL for anyone who ordered this garbage? They promised it would run at 20Mh/s and consume 200 watts. Instead it runs at 28Mh/s but consumes almost 500 watts. 5 Gridseed bladed cost the same, use the same amount of power, and hash at the same rate. Except you didn't have to take on the enormous risk of a preorder to get them. Not to mention they have been available for months now.
I actually liked this interview though because the seller explains very clearly why preorders like these can never be profitable for the customer (though I don't think he intended it that way). He explains how timing is so very critical for these devices, that the first month is the majority of the profits, all things we know but maybe some customers clearly don't know. He then explains how they were keeping the first batches, about half of them, to mine with themselves, and then only when they had run them for a while would the rest be delivered to customers who now have no hope of ever getting their money back (it's implied; he didn't come right out and say that of course). A series of events I expect to see happen again if KnC ever delivers their Titan. Gridseed and Innosilicon do the same thing just without the preorder.
And that is why most people who buy these things lose money. There is the huge risk that the company you preorder from will walk away with your money, fail to finish in time, finish way out of spec, etc. But even if they finish completely on time and completely in spec you still won't make any money because they won't deliver the devises until they have mined most of the profit out of them.
The actual power consumed is closer to 430-440 though a 500 PSU is recommended.
So 440 lets take for 28 Mh/s on silverfish. To achive 28 MH you would need = 28/5.2 = 5.38 gridseed blades. So lets even just take 5 gridseed blades 5x140 = 700 watts.
So silverfish wins by quite a it there on electricity usage because of chips used.
As far as price they SilverFish is a little cheaper from what i see. So you can order, not vaporware, cheaper, consumes less electricity. I say silverfish wins.
Your facts are off.
The Gridseed blade consumes 90 watts each at 838Mhz while hashing at 5.7Mh/s and 5 of them will run you around 2700ish without doing any bargain hunting. They are quite frankly better in every way. But the main thing is, they have been around for months now. There was no need to take the huge risk of a preorder to get them. So yea these things would have been nice two or three months ago to complete with gridseeds. Now though, whats the point?
My facts are not off. I run dozens of blades and I can assure you, regardless of what it says on the box the average one pulls 90 watts or less from the wall. Overvolted and overlocked ones can pull 140 watts, but then you would only need four of those to match the SF so the gridseed wins even more in that case.
June 20, 2014, 01:13:42 AM
tl;dr version:
A bunch of question about vaporware.
LOL:A bunch of question about vaporware.
http://www.zighash.com/product/silverfish-blade-28mhs-scrypt-miner/
Is the LOL for anyone who ordered this garbage? They promised it would run at 20Mh/s and consume 200 watts. Instead it runs at 28Mh/s but consumes almost 500 watts. 5 Gridseed bladed cost the same, use the same amount of power, and hash at the same rate. Except you didn't have to take on the enormous risk of a preorder to get them. Not to mention they have been available for months now.
I actually liked this interview though because the seller explains very clearly why preorders like these can never be profitable for the customer (though I don't think he intended it that way). He explains how timing is so very critical for these devices, that the first month is the majority of the profits, all things we know but maybe some customers clearly don't know. He then explains how they were keeping the first batches, about half of them, to mine with themselves, and then only when they had run them for a while would the rest be delivered to customers who now have no hope of ever getting their money back (it's implied; he didn't come right out and say that of course). A series of events I expect to see happen again if KnC ever delivers their Titan. Gridseed and Innosilicon do the same thing just without the preorder.
And that is why most people who buy these things lose money. There is the huge risk that the company you preorder from will walk away with your money, fail to finish in time, finish way out of spec, etc. But even if they finish completely on time and completely in spec you still won't make any money because they won't deliver the devises until they have mined most of the profit out of them.
The actual power consumed is closer to 430-440 though a 500 PSU is recommended.
So 440 lets take for 28 Mh/s on silverfish. To achive 28 MH you would need = 28/5.2 = 5.38 gridseed blades. So lets even just take 5 gridseed blades 5x140 = 700 watts.
So silverfish wins by quite a it there on electricity usage because of chips used.
As far as price they SilverFish is a little cheaper from what i see. So you can order, not vaporware, cheaper, consumes less electricity. I say silverfish wins.
Your facts are off.
June 19, 2014, 04:48:35 PM
tl;dr version:
A bunch of question about vaporware.
LOL:A bunch of question about vaporware.
http://www.zighash.com/product/silverfish-blade-28mhs-scrypt-miner/
Is the LOL for anyone who ordered this garbage? They promised it would run at 20Mh/s and consume 200 watts. Instead it runs at 28Mh/s but consumes almost 500 watts. 5 Gridseed bladed cost the same, use the same amount of power, and hash at the same rate. Except you didn't have to take on the enormous risk of a preorder to get them. Not to mention they have been available for months now.
I actually liked this interview though because the seller explains very clearly why preorders like these can never be profitable for the customer (though I don't think he intended it that way). He explains how timing is so very critical for these devices, that the first month is the majority of the profits, all things we know but maybe some customers clearly don't know. He then explains how they were keeping the first batches, about half of them, to mine with themselves, and then only when they had run them for a while would the rest be delivered to customers who now have no hope of ever getting their money back (it's implied; he didn't come right out and say that of course). A series of events I expect to see happen again if KnC ever delivers their Titan. Gridseed and Innosilicon do the same thing just without the preorder.
And that is why most people who buy these things lose money. There is the huge risk that the company you preorder from will walk away with your money, fail to finish in time, finish way out of spec, etc. But even if they finish completely on time and completely in spec you still won't make any money because they won't deliver the devises until they have mined most of the profit out of them.
June 19, 2014, 01:13:54 PM
tl;dr version:
A bunch of question about vaporware.
A bunch of question about vaporware.
LOL:
http://www.zighash.com/product/silverfish-blade-28mhs-scrypt-miner/
It didn't exist at the time of my post so it qualified as vaporware.
June 19, 2014, 12:50:50 PM
tl;dr version:
A bunch of question about vaporware.
A bunch of question about vaporware.
LOL:
http://www.zighash.com/product/silverfish-blade-28mhs-scrypt-miner/
April 13, 2014, 03:51:21 PM
tl;dr version:
A bunch of question about vaporware.
A bunch of question about vaporware.
April 13, 2014, 03:35:03 PM
Sorry dude, GridSeeds are already being used... where is this guys junk?
March 22, 2014, 09:31:24 PM
Original link: www.cybtc.com
FROM:http://www.bitell.com/t/2045
Summary: Recently, Shenyu posted the parameters of SilverFish scrypt ASIC Litecoin Miner on its Weibo, "single module 12M, overclocking about 16M-20M, power consumption is about 200W, expected delivery in June, recently there may be a presale, pre-sale price is not higher than 20000RMB. "This Weibo attracted widespread concern as soon as it's posted.This time, CYBTC got an opportunity to interview with the God Fish...
ahr999: Hello Shenyu!I've Heard a lot about you. It's a great hornor for me to interview you, I am ahr999 from CYBTC.
God fish: Hello.
ahr999: all questions you do not want to answer, you could refuse to answer.By convention, could you please make a simple self-introduction?
God Fish: 7-colored God Fish (Mao Shi Xing), age 24, digital currency practitioners, the world's fourth-largest BTC pool and second largest LTC pool F2POOL founder, COO of Yibite digital technology .
ahr999: Today, the purpose of the interview is very clear.You posted on the Weibo SilverFish scrypt ASIC miner parameters, the latter the "single module 12M, overclocking about 16M-20M, power consumption is about 200W, expected delivery in June, recently there may be a presale, pre-sale price is not higher than 20000RMB."This is the main purpose of our interview today, for this miner, our first question is to what stage the progress of the project?Currently has chip taped out yet?
God fish: In September 2013 we already completed the FPGA design, and on-line operation, after more than three months continuous testing and improvement, conducted in January 2014 back-end chip design, evaluation and optimization through more than a dozen rounds, now has commissioned TSMC for taping out production.
ahr999: Now that we are most concerned about two time node, pre-sale time and shipping time.
God fish: Pre-sale is expected in early April, shipping time in early June.
ahr999: Can be more specific?
Fish God: what i just told you was already very specific.
ahr999: Well, we will pay close attention.About Scrypt ASIC miner, now, it seems competition is very fiery, you certainly know, Zeus and KNC have already pre-sold.So, how do you think these competitions, and what are the advantages of SilverFish Miner?
God fish: First of all, welcome the competition, only competition can promote the de-centralized development of digital currency industry, to form good industrial ecology.Now it seems that shipping time of SilverFish Miner may be earlier, together with a full set of solutions, the performance also has advantages.
ahr999: According to my comparison, SilverFish Miner's Hashrate is 16-20MH / s, the power consumption is 200W, no more than 20,000 yuan.But the KNC's Titan, 100MH / s, selling only $ 9,995, the equivalent of 60,000 yuan, seems to be more affordable.
God fish: For deflationed digital currency mining, time is a critical factor, KNC miner expected delivery time is Q2/Q3.
ahr999: In other words, KNC will be later than SilverFish, right?
God fish: There is a large gap in timing, maybe when you earn the SilverFish Miner cost back, KNC has not yet shipped.
ahr999: Now I understand, though SilverFish has not yet started pre-sale, the shipping time will be earlier than others.
God fish: In fact, we had no pre-sale plan, but to see the market being misled, we had to release some of the pre-sale miners, but later was mainly to sell stock.Most of the miners, especially for novice miners, mining industry is still not well understood, particularly do not know the importance of [time] for mining deflationed digital currency.Generally speaking, number of digital currency which is dug out in the first month after receiving the miner may account for the majority of the miner life cycle total number.
ahr999: ah, I can't agree more that stock is the king, but SilverFish will be forced to pre-sale.KNC's Titan received $ 2 million pre-sale orders 4 hours after the release, what do you think of it?
God fish: KNC miners' hot selling showed us the miners are very passionate with Scrypt mining algorithms.
ahr999: Yes, this could be another opportunity for the miners.
God fish: Yes, opportunities and risks.
ahr999: KNC wants to open the Chinese market, has been pre-sold in the mainland of China, while Zeus put the sights on the international market, they will distribute globally, does SilverFish also have the plan for international market?If I did not count wrong, SilverFish should produce the first batch of 1,000 set miners, all will be sold domestic?
God fish: SilverFish first production of about 9000 PCB, will keep 4000-5000 modules for own use, set up intensive mines, earnings for our shareholders.The rest mainly for domestic sale, but not exclude foreign sales plan.
ahr999: a module 12M, the SilverFish website writes the total production of 100-200G.
God fish: right.SilverFish chips, by a very conservative estimate is single chip 300K, the test results from the current run is also very stable at 550K, a module can be overclocked to 16-20M.
ahr999: expected at what time,users can go to the company inspected the miner drive performance?Where is the company headquarter?
God fish: Expected delivery in early June, welcomes customers to visit the company, SilverFish mining directly provide complete hardware and software solutions for big cilents, which will greatly reduce the overall costs for novice miners, SilverFish program includes hardware, heat systems, surveillance systems, alarm systems, software, services and solo mining pools.The company currently located at Hangzhou, in early March a small scale shareholders meeting has held in Beijing Galaxy SOHO, will hold irregular shareholders salon in future .
ahr999: Pay attention to your Weibo, right?
God fish: Yes, we will publish the relevant information on the official website of sfminer.com, Weibo, QQ group, the so stay tuned.
ahr999: Whether SilverFish Miner to use agents mode to sell or not, what are the requirements for agents, or do you already have confirmed agents or general agent?
God fish: Agent program will start in May, welcome experienced partners to contact us. Currently we focus on chip production, PCB, SMT, assembling and other work.
ahr999: pay close attention to it.In addition to the pre-sale of products now, follow-up what other products is also developing, 28nm chip?
God fish: will conduct follow-up studies and attempts at 40/28nm.
ahr999: Can you tell us about the progress?
God fish: Temporarily no comment
ahr999: understood.What's the scale of the company? How many people in R & D team?
God fish: The company currently is not large-scale, core team has dozen people, IC backend designed by Alchip design, commissioned TSMC for taping out production, PCB and SMT production is completed by the team member's own internal electronics factory.Alchip is also KNC back-end design services provider, has a wealth of experience in chip design digital currency.
ahr999: No wonder you're so familiar with the situation KNC.That's all questions for miners and the company, thank you for your patience.Here are some personal questions, can we ask?
God fish: ok
ahr999: You are the legendary person in Chinese Bitcoin community, known as the talented all done: build mine pool, do OEM, mining machine auctions, rental operator force, doing websites, and SilverFish Miner.Can you tell us about these stories?
God fish: by the end of 2010 I saw Bitcoin introduction on technology blog , in 2011, read most of the official forum post,got system understanding of Bitcoin, also met a group of early domestic players, including pumpkin Zhang, Osamu, LaoDuan, the night cats.2012 With BTC prices rise, more and more people participate, then virtually no domestic BTC website.Night Cat and I participated in the early construction btcman together, and later established LTCBBS forum, focused on mining technology.With the emergence of ASIC in 2012, I realized that the lack of a stable mineral pool, dropped out in 2013 to establish a F2POOL mine pool, is running well.April 2013 because of me and several friends have deployed a large number of ASIC mining machine, will naturally do the beehive mining machine OEM, these have accumulated valuable experience for the subsequent production of the miner.Massive ASIC miner on-line, replacing the GPU mining, mining agreement also updated.11-12 January 2013, a large number of blind investors to join the circle to make Bitcoin pandemonium, we realized that it is necessary to do a good job of investor education, the development of industry and government health of ecosystems and other aspects of effective communication.Therefore, me and several partners have jointly established a Yibite digital Technology Co., Ltd., established yibite.com digital assets portal for providing timely and reliable information about the industry and investors science education.In addition, Yibite digital technology have combined to Chinese Academy of Sciences Shanghai institute, preparing for the establishment of "China Digital Currency Research Center", which is a non-profit organization, will conduct basic research on some of the technical direction for digital currency.In the 2013 during OEM Beehive BTC-ASIC, the chip due to the arrival time constraints, coupled with fondness for scrypt algorithm, i carried out a special study, and in September completed the FPGA program, which is later the SilverFish Miner.
ahr999: The pool was briefly closed in July last year, what is the reason?was it attacked?
God Fish: Early PPS mine pool usually with little luck, make ends meet, in the September-October period suffered a massive DDOS attack.
ahr999: Now, someone tipped-off on the internet that the pool steal hashrate, what's your take on that?
God fish: First, it doesn't exist, it is impossible.Most users do not understand mining, speed and earnings are not positively realted..wu and earnings are positively related to the basic speed value is only an estimate, including HW, R, S and so on.There are some mining machine is not very stable and individual chip failure will lead to reach the nominal count force, or a large number of HW which affects gains.From most users reflect the view, the pool close to the theoretical income Basic earnings.
ahr999: I'm sorry, I'm novice, what is the meaning of wu?
God fish: wu is the actual number of operators.
ahr999: It seems i need to do more homework.
God fish: Besides mining is in fact a process of brute force cracking, there is a Luck value, with good luck fewer operators may also completed an A, Luck is generally around 5% fluctuations.Sometimes relatively large, so some users may find sometimes higher than the theoretical benefits, sometimes a part of the low.
ahr999: thank God fish patiently answered.You've ever done Avalon OEM, was there any twists and turns with that experience?
God fish: Yes, the chip serious bouncing.
ahr999: Did this affect you seriously?
God Fish: We conducted a pre-sale of the mining machine PPS compensation, but also inspired my determination to do SilverFish Miner.
ahr999: self-developed chips.
God fish: Yes.
ahr999: Speaking of which, it seems you have done hashrate rental, then how?
God Fish: July 2013 due to the large-scale ASIC mine layout and graphics card, a small amount of hashrate was open to rent.Most users have purchased this back and have a profit of about 2-fold.At present, because energy and electricity restrictions, sales has been suspended .Users who have purchased a daily payment of normal progress.
ahr999: It seems that investment on you never lose.Even that bouncing, you have done the compensation.
God fish: Yes.
ahr999: Do you have subsequent program for IPO?
God fish: You can check our website and Weibo.
ahr999: By the way, talking about Yibite, today it has invested three hundred thousand Yuan for Mar.21st Incident to apprehend the murderers, is it your idea?
God Fish: No, yesterday when the incident happened I was on the plane, it is a idea from other board members.
ahr999: what't your take on Mar.21st Incident?
God fish: can refer to the announcement on Yibite.com , "We must no longer remain silent!."
ahr999: I hope everything will be okay.
God Fish: Well, the future will be good.
ahr999: your experience, it is not smooth sailing.Along the way, what is the most impressive thing?
God fish: The most impressive thing is in early 2013, a batch of Miners from pumpkin Zhang delivery delayed, had also miscommunication, resulting in most buyers think the whole thing was a hoax.I realized the importance of reputation in the digital currency industry, we have only one chance to make mistake, If fail to live up to expectations, lost credit, can not go on in this circle.
ahr999: Finally, one last question, do you often on CYBTC's forum?What is your ID?Do you have any comments and suggestions for CYBTC forum?
God fish: ID is the 7-colored God Fish.Due to the recent focus on chip production, there is not much time on the forum.But CYBTC is doing good, from the miners as the entry point is a good direction, Wish you're doing better and better.
ahr999: Thank you, get on our forum once you have time.That's all for our interview, thank you very much for your time.
God fish: You're welcome, keep in touch.
FROM:http://www.bitell.com/t/2045
Summary: Recently, Shenyu posted the parameters of SilverFish scrypt ASIC Litecoin Miner on its Weibo, "single module 12M, overclocking about 16M-20M, power consumption is about 200W, expected delivery in June, recently there may be a presale, pre-sale price is not higher than 20000RMB. "This Weibo attracted widespread concern as soon as it's posted.This time, CYBTC got an opportunity to interview with the God Fish...
ahr999: Hello Shenyu!I've Heard a lot about you. It's a great hornor for me to interview you, I am ahr999 from CYBTC.
God fish: Hello.
ahr999: all questions you do not want to answer, you could refuse to answer.By convention, could you please make a simple self-introduction?
God Fish: 7-colored God Fish (Mao Shi Xing), age 24, digital currency practitioners, the world's fourth-largest BTC pool and second largest LTC pool F2POOL founder, COO of Yibite digital technology .
ahr999: Today, the purpose of the interview is very clear.You posted on the Weibo SilverFish scrypt ASIC miner parameters, the latter the "single module 12M, overclocking about 16M-20M, power consumption is about 200W, expected delivery in June, recently there may be a presale, pre-sale price is not higher than 20000RMB."This is the main purpose of our interview today, for this miner, our first question is to what stage the progress of the project?Currently has chip taped out yet?
God fish: In September 2013 we already completed the FPGA design, and on-line operation, after more than three months continuous testing and improvement, conducted in January 2014 back-end chip design, evaluation and optimization through more than a dozen rounds, now has commissioned TSMC for taping out production.
ahr999: Now that we are most concerned about two time node, pre-sale time and shipping time.
God fish: Pre-sale is expected in early April, shipping time in early June.
ahr999: Can be more specific?
Fish God: what i just told you was already very specific.
ahr999: Well, we will pay close attention.About Scrypt ASIC miner, now, it seems competition is very fiery, you certainly know, Zeus and KNC have already pre-sold.So, how do you think these competitions, and what are the advantages of SilverFish Miner?
God fish: First of all, welcome the competition, only competition can promote the de-centralized development of digital currency industry, to form good industrial ecology.Now it seems that shipping time of SilverFish Miner may be earlier, together with a full set of solutions, the performance also has advantages.
ahr999: According to my comparison, SilverFish Miner's Hashrate is 16-20MH / s, the power consumption is 200W, no more than 20,000 yuan.But the KNC's Titan, 100MH / s, selling only $ 9,995, the equivalent of 60,000 yuan, seems to be more affordable.
God fish: For deflationed digital currency mining, time is a critical factor, KNC miner expected delivery time is Q2/Q3.
ahr999: In other words, KNC will be later than SilverFish, right?
God fish: There is a large gap in timing, maybe when you earn the SilverFish Miner cost back, KNC has not yet shipped.
ahr999: Now I understand, though SilverFish has not yet started pre-sale, the shipping time will be earlier than others.
God fish: In fact, we had no pre-sale plan, but to see the market being misled, we had to release some of the pre-sale miners, but later was mainly to sell stock.Most of the miners, especially for novice miners, mining industry is still not well understood, particularly do not know the importance of [time] for mining deflationed digital currency.Generally speaking, number of digital currency which is dug out in the first month after receiving the miner may account for the majority of the miner life cycle total number.
ahr999: ah, I can't agree more that stock is the king, but SilverFish will be forced to pre-sale.KNC's Titan received $ 2 million pre-sale orders 4 hours after the release, what do you think of it?
God fish: KNC miners' hot selling showed us the miners are very passionate with Scrypt mining algorithms.
ahr999: Yes, this could be another opportunity for the miners.
God fish: Yes, opportunities and risks.
ahr999: KNC wants to open the Chinese market, has been pre-sold in the mainland of China, while Zeus put the sights on the international market, they will distribute globally, does SilverFish also have the plan for international market?If I did not count wrong, SilverFish should produce the first batch of 1,000 set miners, all will be sold domestic?
God fish: SilverFish first production of about 9000 PCB, will keep 4000-5000 modules for own use, set up intensive mines, earnings for our shareholders.The rest mainly for domestic sale, but not exclude foreign sales plan.
ahr999: a module 12M, the SilverFish website writes the total production of 100-200G.
God fish: right.SilverFish chips, by a very conservative estimate is single chip 300K, the test results from the current run is also very stable at 550K, a module can be overclocked to 16-20M.
ahr999: expected at what time,users can go to the company inspected the miner drive performance?Where is the company headquarter?
God fish: Expected delivery in early June, welcomes customers to visit the company, SilverFish mining directly provide complete hardware and software solutions for big cilents, which will greatly reduce the overall costs for novice miners, SilverFish program includes hardware, heat systems, surveillance systems, alarm systems, software, services and solo mining pools.The company currently located at Hangzhou, in early March a small scale shareholders meeting has held in Beijing Galaxy SOHO, will hold irregular shareholders salon in future .
ahr999: Pay attention to your Weibo, right?
God fish: Yes, we will publish the relevant information on the official website of sfminer.com, Weibo, QQ group, the so stay tuned.
ahr999: Whether SilverFish Miner to use agents mode to sell or not, what are the requirements for agents, or do you already have confirmed agents or general agent?
God fish: Agent program will start in May, welcome experienced partners to contact us. Currently we focus on chip production, PCB, SMT, assembling and other work.
ahr999: pay close attention to it.In addition to the pre-sale of products now, follow-up what other products is also developing, 28nm chip?
God fish: will conduct follow-up studies and attempts at 40/28nm.
ahr999: Can you tell us about the progress?
God fish: Temporarily no comment
ahr999: understood.What's the scale of the company? How many people in R & D team?
God fish: The company currently is not large-scale, core team has dozen people, IC backend designed by Alchip design, commissioned TSMC for taping out production, PCB and SMT production is completed by the team member's own internal electronics factory.Alchip is also KNC back-end design services provider, has a wealth of experience in chip design digital currency.
ahr999: No wonder you're so familiar with the situation KNC.That's all questions for miners and the company, thank you for your patience.Here are some personal questions, can we ask?
God fish: ok
ahr999: You are the legendary person in Chinese Bitcoin community, known as the talented all done: build mine pool, do OEM, mining machine auctions, rental operator force, doing websites, and SilverFish Miner.Can you tell us about these stories?
God fish: by the end of 2010 I saw Bitcoin introduction on technology blog , in 2011, read most of the official forum post,got system understanding of Bitcoin, also met a group of early domestic players, including pumpkin Zhang, Osamu, LaoDuan, the night cats.2012 With BTC prices rise, more and more people participate, then virtually no domestic BTC website.Night Cat and I participated in the early construction btcman together, and later established LTCBBS forum, focused on mining technology.With the emergence of ASIC in 2012, I realized that the lack of a stable mineral pool, dropped out in 2013 to establish a F2POOL mine pool, is running well.April 2013 because of me and several friends have deployed a large number of ASIC mining machine, will naturally do the beehive mining machine OEM, these have accumulated valuable experience for the subsequent production of the miner.Massive ASIC miner on-line, replacing the GPU mining, mining agreement also updated.11-12 January 2013, a large number of blind investors to join the circle to make Bitcoin pandemonium, we realized that it is necessary to do a good job of investor education, the development of industry and government health of ecosystems and other aspects of effective communication.Therefore, me and several partners have jointly established a Yibite digital Technology Co., Ltd., established yibite.com digital assets portal for providing timely and reliable information about the industry and investors science education.In addition, Yibite digital technology have combined to Chinese Academy of Sciences Shanghai institute, preparing for the establishment of "China Digital Currency Research Center", which is a non-profit organization, will conduct basic research on some of the technical direction for digital currency.In the 2013 during OEM Beehive BTC-ASIC, the chip due to the arrival time constraints, coupled with fondness for scrypt algorithm, i carried out a special study, and in September completed the FPGA program, which is later the SilverFish Miner.
ahr999: The pool was briefly closed in July last year, what is the reason?was it attacked?
God Fish: Early PPS mine pool usually with little luck, make ends meet, in the September-October period suffered a massive DDOS attack.
ahr999: Now, someone tipped-off on the internet that the pool steal hashrate, what's your take on that?
God fish: First, it doesn't exist, it is impossible.Most users do not understand mining, speed and earnings are not positively realted..wu and earnings are positively related to the basic speed value is only an estimate, including HW, R, S and so on.There are some mining machine is not very stable and individual chip failure will lead to reach the nominal count force, or a large number of HW which affects gains.From most users reflect the view, the pool close to the theoretical income Basic earnings.
ahr999: I'm sorry, I'm novice, what is the meaning of wu?
God fish: wu is the actual number of operators.
ahr999: It seems i need to do more homework.
God fish: Besides mining is in fact a process of brute force cracking, there is a Luck value, with good luck fewer operators may also completed an A, Luck is generally around 5% fluctuations.Sometimes relatively large, so some users may find sometimes higher than the theoretical benefits, sometimes a part of the low.
ahr999: thank God fish patiently answered.You've ever done Avalon OEM, was there any twists and turns with that experience?
God fish: Yes, the chip serious bouncing.
ahr999: Did this affect you seriously?
God Fish: We conducted a pre-sale of the mining machine PPS compensation, but also inspired my determination to do SilverFish Miner.
ahr999: self-developed chips.
God fish: Yes.
ahr999: Speaking of which, it seems you have done hashrate rental, then how?
God Fish: July 2013 due to the large-scale ASIC mine layout and graphics card, a small amount of hashrate was open to rent.Most users have purchased this back and have a profit of about 2-fold.At present, because energy and electricity restrictions, sales has been suspended .Users who have purchased a daily payment of normal progress.
ahr999: It seems that investment on you never lose.Even that bouncing, you have done the compensation.
God fish: Yes.
ahr999: Do you have subsequent program for IPO?
God fish: You can check our website and Weibo.
ahr999: By the way, talking about Yibite, today it has invested three hundred thousand Yuan for Mar.21st Incident to apprehend the murderers, is it your idea?
God Fish: No, yesterday when the incident happened I was on the plane, it is a idea from other board members.
ahr999: what't your take on Mar.21st Incident?
God fish: can refer to the announcement on Yibite.com , "We must no longer remain silent!."
ahr999: I hope everything will be okay.
God Fish: Well, the future will be good.
ahr999: your experience, it is not smooth sailing.Along the way, what is the most impressive thing?
God fish: The most impressive thing is in early 2013, a batch of Miners from pumpkin Zhang delivery delayed, had also miscommunication, resulting in most buyers think the whole thing was a hoax.I realized the importance of reputation in the digital currency industry, we have only one chance to make mistake, If fail to live up to expectations, lost credit, can not go on in this circle.
ahr999: Finally, one last question, do you often on CYBTC's forum?What is your ID?Do you have any comments and suggestions for CYBTC forum?
God fish: ID is the 7-colored God Fish.Due to the recent focus on chip production, there is not much time on the forum.But CYBTC is doing good, from the miners as the entry point is a good direction, Wish you're doing better and better.
ahr999: Thank you, get on our forum once you have time.That's all for our interview, thank you very much for your time.
God fish: You're welcome, keep in touch.
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