Topic: Interview with the CEO of bitmain (Read 2399 times)

I have been pushing for this in the S7 thread and this seems to be a thing that a lot of people are wanting, now it just depends if Bitmain is willing to make them for us.

I also enjoy scrypt a lot personally, I like to be able to have three different algorithms mining at the same time in my home and scrypt is currently what I am missing due to selling off some inefficient ones and now looking for better miners. (Too bad the entry point is so damn high)

I think it's overestimated on how many want it.  I do agree some do want it.  But I think the S7 had more to do with price then form factor on some skipping it.

I think they will only get bigger and louder for the most part. 

^^^^^^ THIS!  I was hoping they'd release a model with twice the hash of our S5's so we could upgrade a bit.  This S7 is just way out of my league and no way I can drop 8 BTC just for one of them, when the halvening is looming ahead of us.  Guess I'll just mine through winter with my lower power rates and see what Spring brings.

Economical isin't much of a importance with them when they just charge the premium to the client anyways. Look at the price/gh of the S7. What more is there to say?

They skipped the S6 generation in lue of the S7, the construction / maintenance and shipping costs of the S7 are more economical than the larger rack mountable / form factored units, such as the S4 / S4+ / S2 generation.  The may or may not bring this form factor back in the S8 as it is not nearly as economical for bitmani

No, its not. The L1 was never made [at least the first time around, who knows what they do quietly] because the sales numbers weren't what anyone thought they would be. You say they sold out, but the number that sold was paltry compared to any S* model. Legitimately almost nothing, and certainly not enough to justify a chip batch.

he did i believe it now with thia interview and some of the shit the CEO said. i remember seeing some one selling batch two L1's for awhile then they were gone . what got me about that was L1 batch 2 .

I know you don't but a a lot of us do it actually a lot of fun which is why i do it but to make money off it no way not now at one time you could and a lot . you can now but nothing you could . please don't get me wrong im  glad there is some one like you out there still that cares enough to want to keep the shallow-pocketed forum denizens going ty man .  i take that as a  honor not a insult.  IM not kissing you ass or just saying it either .all ready said way more then i wanted to about this interview.

I guess my whole point is again he shouldn't say it like no one wants it, I'm bing nice, i wont say lieing.  just not the whole truth.


 i see your point but i started out on litecoins and moved to bitcions and like doing both coins and made some stupid  buys a while back with Zeus miner because i thought they were going to sell upgrades and save some cash could have  bought a few A2 instead .

The question is, how many large industrial customers care about scrypt? Bitmain hasn't really cared about individuals or low-volume customers in a long time. If their farm customers don't want scrypt, Bitmain won't make scrypt no matter how many shallow-pocketed forum denizens band together in protest.

To be fair, I also don't care a whit about scrypt.

I was being nice .

I know i had a per order for one my point is ,  it is not because on one wants it like he said because it did sell out with in hours or days i forget which. it's another reason that had to do with some thing Zeus did around that time , i can't be convinced diff. if you were following all the events  or  all the scrpt miners that were due out about then . Zeus back out and ripped off a lot of people some of which have yet to be paid back told them pretty much go jzDFCJKashld off .The market is there Innosilicon proved and has the best Scrpt miner around even KNC can't match it but it cost im saving for one . I like doing both coins . it's not weather bitmian will or won't or even why  because the why is not the real reason.


and the S7 i won't even go there we need other company's selling to the public so bitmain has to  keep prices low and calling it a home miner, that's a joke . but that remains to be seen yet if you can use quieter fans which,I'm sure you can we only know what they tell us unitll those that can afford it let us know with proof. I'm hoping sidehack can get nice a supply of chips I won't say at a reason price that's not gonna happpen but i hope he can i will  pay 700 to 900 bucks for two custom S7 boards. or buy one,  if they can run a long side a S5 18 pin board.

My only complain is the noise. I buyed some C1 miners because they were quiet.

They are not going to do it.  They looked into it once with the L1, took pre-orders and the whole thing.   But they decided it was best not to make machine.

I don't see after the L1 going to crap them trying it again.  But i could be wrong.

I disagree, to many want them and A2s still sell well and the L1's  bitmain prerecorded sold out with in hours or days i forget which, so its there .



Most of the time , i agree with you , more want them then you think . some are in fact bitcoin miners, they like doing both.

Bitfury thought their lightbulb was a good idea because power was already run to it.  Bitmain thinks their router is a good idea because it already has power and internet.  What they need to be looking for are things that need HEAT.  That's what bitcoin miners produce as a side product.  Otherwise you wind up with lots vastly underutilized chips and/or large amounts of support hardware per chip.  It becomes so much easier to just buy a real miner than to try and distribute them badly over things that aren't made to run bitcoin mining chips.

Just compare eg, usb stickminers to larger miners, the price per GH is terrible comparatively.  With the bitfury lightbulb you not only have a buck circuit and comms per ASIC as with USBs (or couple ASICs, honestly don't know how many are in there but thermally- not many.) but also a whole AC->DC conversion, ethernet, and controller.  You're marginally better off with this router as it already has a controller but in order for it to not burn extra power they've apparently clocked the chip down so far that it'll never make enough to justify the extra board space.

--
novak

Because it turns out no one actually wants scypt miners.

I think he is out of touch the each time i read "Mining bitcoin with the router is a long time dream for the Bitcoin miners.".   It just makes me wonder if he was not aware the other options to currently do this, or if he really thinks my dream is to mine with an router.

I just keep thinking there is some software that ties it in with another bitmain product most likely antpool, or I still think possibly cloud mining.   That is their reason to make them think it will make profit.   

I cant wait till more information is know.  The more we talk about it the more insane it seems.

Say, that sounds like a pretty great product idea that we haven't found time to build yet.

Yeah after you said that I looked it up and found that same thing.  And it is ridiculous to use a BM1384 in that router, it's _got_ to be intended more as a proxy or something more than a miner and the ASIC is just hype. 

In the not pessimistic department, I could imagine that they could build in some kind of wallet features which would be very nice- basically, caching blocks and running a proxy so you could run a wallet on another machine which primarily stayed offline (but was not out of date due to caching).  Bonus if the router functions as an "airlock" where bringing up a connection between router and wallet machine disconnects the upstream port, so you have a full featured and updated software wallet that never goes online.


--
novak