just read in the shoutbox at bfl that a local that went to the headquarters will be able to pick up his machines in 2 weeks.. so, according to him, they arent shipping today... they are done with all their technical stuff and will start shipping in a week or so... could be fud, but its something..
Had to laugh... "2 weeks" hmmm, haven't we heard that before?
Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 226. (Read 452224 times)
October 01, 2013, 04:03:40 PM
October 01, 2013, 03:48:55 PM
Does this mean that Bitfury will have to drop their price to compete with the 28nm gear coming online soon?
October 01, 2013, 03:03:57 PM
KNC still have units for shipping in November and at 550+Gh per $5k, I think we should be seriously considering purchasing some.
Lab_Rat what are your thoughts on KNC they seem to really know what they are doing in my opinion.
Lab_Rat what are your thoughts on KNC they seem to really know what they are doing in my opinion.
Sorry if this is old news, but have KNC actually shown a working (ASIC) prototype yet? And have they made any announcements on shipping, or are they just saying that everything is on schedule without giving any details?
http://www.youtube.com/watch?feature=player_detailpage&v=JFOcI8nK2xI
Thanks very much, that's exactly what I hadn't seen!
A very impressive bit of kit, brilliant stuff. The video was excruciating to watch, but I'd rather they make terrible videos and great hardware... Does it run wirelessly then?! Their laptop showing the CGMiner output has no cables running to it!
It's some weird new technology called 'wireless'.
...j/k couldn't resist... but it is good to see such a video.
October 01, 2013, 02:04:32 PM
Most companies that required upfront payment have met their NRE. So, whatever they sell from here on out is pure profit.. They could sell the 500Ghs machines for just a few hundred dollars now and still make a nice profit.. Remember, once the NRE is done, the chips are made literally for pennies a piece. The PSU will be the most expensive part, lol... The only way BFL will go out of business is if people banded together and sued them and lost..
But, yea, I predict at the beginning of the year, you will be able to order a 1 ths machine and have it in your hands the next day.. (at least this spring).. It will be interesting to see what the price is going to be for a 1ths machine..
In regards to that genesis block calculator.. thats absolutely WORST case scenario... Has anyone looked back to see what they predicted the difficulty would be today back in june? It would interesting to see how far they were off.
But, yea, I predict at the beginning of the year, you will be able to order a 1 ths machine and have it in your hands the next day.. (at least this spring).. It will be interesting to see what the price is going to be for a 1ths machine..
In regards to that genesis block calculator.. thats absolutely WORST case scenario... Has anyone looked back to see what they predicted the difficulty would be today back in june? It would interesting to see how far they were off.
October 01, 2013, 01:58:36 PM
You have answered the question in your post , more the later the delivery in october the worst chance of meeting ROI & hence selling the miner will start making more sense , just take a guess & think about expected delivery of Bitfury 2nd batch , KNC November batch , Avalon 2nd Gen , Hashfast , Fasthash , Cointera , BFL 1stgen & 2nd gen ASIC e.t.c , even if all the manufacturers dont delivers to their best , it will still be enough to keep pushing difficulty to moon , I dont need any rocket science to guess Hashing @ 500gh/s will be like pissing in the wind 
I'm thinking that people who jumped in when ASICS started (say early this year, just for arguments sake) are going to run out of money before hardware vendors can push the difficulty too high - will we hit billions, yes, but I still think it'll plateau and when it does, hardware should be available for shipment IMMEDIATELY (no more of this pre-order crap) and with any luck, the big money will be spent (on Gen1 and Gen2) and the really fast hardware will be available for a good price with lots of opportunity. I'm probably wrong, but it's a nice thought.
OR
Companies will not be able to afford to keep operating on our pre-order money and they will go out of business.
I hope BFL Does go out of business
October 01, 2013, 01:46:16 PM
You have answered the question in your post , more the later the delivery in october the worst chance of meeting ROI & hence selling the miner will start making more sense , just take a guess & think about expected delivery of Bitfury 2nd batch , KNC November batch , Avalon 2nd Gen , Hashfast , Fasthash , Cointera , BFL 1stgen & 2nd gen ASIC e.t.c , even if all the manufacturers dont delivers to their best , it will still be enough to keep pushing difficulty to moon , I dont need any rocket science to guess Hashing @ 500gh/s will be like pissing in the wind
I'm thinking that people who jumped in when ASICS started (say early this year, just for arguments sake) are going to run out of money before hardware vendors can push the difficulty too high - will we hit billions, yes, but I still think it'll plateau and when it does, hardware should be available for shipment IMMEDIATELY (no more of this pre-order crap) and with any luck, the big money will be spent (on Gen1 and Gen2) and the really fast hardware will be available for a good price with lots of opportunity. I'm probably wrong, but it's a nice thought.
OR
Companies will not be able to afford to keep operating on our pre-order money and they will go out of business.
October 01, 2013, 01:41:40 PM
Without knowing the power draw on those units I don't know for sure, but unless the draw is crazy then I totally agree with you. People naively using that fucking calculator on thegenesisblock.com drive me nuts! 
I LOVE that calculator!!! It's enough to freak people out and run around with their hair on fire hoping they can offload their expensive hardware for pennies on the dollar - so those that are serious and in it for the long haul can come through and clean up! The calculator is only as accurate as the information going into it so if people want to naively enter bad information and think "holy crap! I'll never make any money" I say "GO FOR IT", it means more BTC for me
October 01, 2013, 01:40:03 PM
Even with higher than expected hashrate from KNC Jupiter & Saturn , ROI is not possible , hence people may want to sell it.
I'd have to disagree with this statement. Only people inexperienced with Mining Calculators, Difficulty to Hashrate Conversions, and a lack of knowledge on all current ASIC manufacturers and their estimated release dates claim that their unit will not make a profit above what they paid for it.
Personally my Day 1 Orders will likely pay for themselves in 2 months at the latest, but I expect sooner than that based on my predictions.
October 15th orders might have a more difficult time but will "ROI" as you say.
As an example I'd like you to tell me what you expect the difficulty to be in February 2013 based on your calculator and then tell me the corresponding hashrate that would have to be on the network to reach that difficulty.
Yea, 1st day orders from KNC are looking pretty good.. (Unless the bitcoin crashes, then we all are screwed) But, 1st day orders shouldnt have a problem getting their money back and making some... Its the latter orders that im not sure of.....
October 01, 2013, 01:37:38 PM
TYVM. As I said, very impressive stuff - suck it BFL!
(Talk about bittersweet though, despite how much I've grown to hate BFL, all my HW is from them, so in saying "suck it BFL" what I'm actually saying if FML...)
my thoughts exactly!
October 01, 2013, 01:22:50 PM
The difficulty will for sure keep going up and up, but I personally think that the percentage that its climbing will start to slow down. a lot harder to add 30 percent to 1 petahash than to add 30 percent to 400Ths..
But, I still feel it will be difficult for (but probable) for KnC purchaser to get their ROI back in a good time frame.. I guess its when you receive it. 1st day orders will have a much better chance than last day orders.. But, they are also shipping from Sweden, so it will take a week or two for the usa units to go online..
But, yea, get ready for a huge increase in difficulty... if they add 2 petahashes, like I've heard, that will push the difficulty to well over 300 and since they arent the only company delivering, well, you get what im saying... plus knc will be hashing themselves, albeit a meager 5 percent of their sold hashing power (at least thats what they tell us, lol)
I wonder how much BFL still has to deliver on their 1gen devices? But yea, looks like KNC really showed BFL how its done... Too bad KNC didn't start when BFL did..
But, I still feel it will be difficult for (but probable) for KnC purchaser to get their ROI back in a good time frame.. I guess its when you receive it. 1st day orders will have a much better chance than last day orders.. But, they are also shipping from Sweden, so it will take a week or two for the usa units to go online..
But, yea, get ready for a huge increase in difficulty... if they add 2 petahashes, like I've heard, that will push the difficulty to well over 300 and since they arent the only company delivering, well, you get what im saying... plus knc will be hashing themselves, albeit a meager 5 percent of their sold hashing power (at least thats what they tell us, lol)
I wonder how much BFL still has to deliver on their 1gen devices? But yea, looks like KNC really showed BFL how its done... Too bad KNC didn't start when BFL did..
October 01, 2013, 01:09:02 PM
Even with higher than expected hashrate from KNC Jupiter & Saturn , ROI is not possible , hence people may want to sell it.
I'd have to disagree with this statement. Only people inexperienced with Mining Calculators, Difficulty to Hashrate Conversions, and a lack of knowledge on all current ASIC manufacturers and their estimated release dates claim that their unit will not make a profit above what they paid for it.
Personally my Day 1 Orders will likely pay for themselves in 2 months at the latest, but I expect sooner than that based on my predictions.
October 15th orders might have a more difficult time but will "ROI" as you say.
As an example I'd like you to tell me what you expect the difficulty to be in February 2013 based on your calculator and then tell me the corresponding hashrate that would have to be on the network to reach that difficulty.
You have answered the question in your post , more the later the delivery in october the worst chance of meeting ROI & hence selling the miner will start making more sense , just take a guess & think about expected delivery of Bitfury 2nd batch , KNC november batch , Avalon 2nd Gen , Hashfast , Fasthash , Cointera , BFL 1stgen & 2nd gen ASIC e.t.c , even if all the manufacturers dont delivers to their best , it will still be enough to keep pushing difficulty to moon , I dont need any rocket science to guess Hashing @ 500gh/s will be like pissing in the wind
October 01, 2013, 01:01:35 PM
Even with higher than expected hashrate from KNC Jupiter & Saturn , ROI is not possible , hence people may want to sell it.
I'd have to disagree with this statement. Only people inexperienced with Mining Calculators, Difficulty to Hashrate Conversions, and a lack of knowledge on all current ASIC manufacturers and their estimated release dates claim that their unit will not make a profit above what they paid for it.
Personally my Day 1 Orders will likely pay for themselves in 2 months at the latest, but I expect sooner than that based on my predictions.
Without knowing the power draw on those units I don't know for sure, but unless the draw is crazy then I totally agree with you. People naively using that fucking calculator on thegenesisblock.com drive me nuts!
They said it was 1.4W/GH at the wall. Jupiters have 850W power supplies and run at ~550GH they said. GH might go up, so would the W/GH but you can estimate that the power draw will be max 850W-1000W and the return still looks good.
October 01, 2013, 12:52:32 PM
Even with higher than expected hashrate from KNC Jupiter & Saturn , ROI is not possible , hence people may want to sell it.
I'd have to disagree with this statement. Only people inexperienced with Mining Calculators, Difficulty to Hashrate Conversions, and a lack of knowledge on all current ASIC manufacturers and their estimated release dates claim that their unit will not make a profit above what they paid for it.
Personally my Day 1 Orders will likely pay for themselves in 2 months at the latest, but I expect sooner than that based on my predictions.
Without knowing the power draw on those units I don't know for sure, but unless the draw is crazy then I totally agree with you. People naively using that fucking calculator on thegenesisblock.com drive me nuts!
October 01, 2013, 12:46:58 PM
Even with higher than expected hashrate from KNC Jupiter & Saturn , ROI is not possible , hence people may want to sell it.
I'd have to disagree with this statement. Only people inexperienced with Mining Calculators, Difficulty to Hashrate Conversions, and a lack of knowledge on all current ASIC manufacturers and their estimated release dates claim that their unit will not make a profit above what they paid for it.
Personally my Day 1 Orders will likely pay for themselves in 2 months at the latest, but I expect sooner than that based on my predictions.
October 15th orders might have a more difficult time but will "ROI" as you say.
As an example I'd like you to tell me what you expect the difficulty to be in February 2013 based on your calculator and then tell me the corresponding hashrate that would have to be on the network to reach that difficulty.
October 01, 2013, 12:40:32 PM
Even with higher than expected hashrate from KNC Jupiter & Saturn , ROI is not possible , hence people may want to sell it.
October 01, 2013, 12:34:01 PM
The built in controller has all of the firmware/software to run the machine, so yes. They likely just connected to the IP and viewed the CGMiner output.
TYVM. As I said, very impressive stuff - suck it BFL!
(Talk about bittersweet though, despite how much I've grown to hate BFL, all my HW is from them, so in saying "suck it BFL" what I'm actually saying if FML...)
Why doesn't BCT have a like button...
I have been in contact with some people who have KnC equip on the way. Might see some hashrate increases over the next week or two.
But why would anyone about to receive a KNC miner want to sell it?!
October 01, 2013, 12:08:42 PM
The built in controller has all of the firmware/software to run the machine, so yes. They likely just connected to the IP and viewed the CGMiner output.
TYVM. As I said, very impressive stuff - suck it BFL!
(Talk about bittersweet though, despite how much I've grown to hate BFL, all my HW is from them, so in saying "suck it BFL" what I'm actually saying if FML...)
Why doesn't BCT have a like button...
I have been in contact with some people who have KnC equip on the way. Might see some hashrate increases over the next week or two.
October 01, 2013, 11:07:15 AM
The built in controller has all of the firmware/software to run the machine, so yes. They likely just connected to the IP and viewed the CGMiner output.
TYVM. As I said, very impressive stuff - suck it BFL!
(Talk about bittersweet though, despite how much I've grown to hate BFL, all my HW is from them, so in saying "suck it BFL" what I'm actually saying if FML...)
October 01, 2013, 11:05:22 AM
But im sure Josh is butt-hurt over this news......
I imagine Josh is suffering from a variety of different butt-hurts at the moment, and if he isn't, he should be.
October 01, 2013, 10:59:20 AM
KNC still have units for shipping in November and at 550+Gh per $5k, I think we should be seriously considering purchasing some.
Lab_Rat what are your thoughts on KNC they seem to really know what they are doing in my opinion.
Lab_Rat what are your thoughts on KNC they seem to really know what they are doing in my opinion.
Dude KNC has already started shipping from today , expect difficulty to go up like crazy. check Knc thread & KNC GB threads where people have got shipping updates from KNC.
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