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Topic: Mini Rig card = 2 x Altera Arria II EP2AGX260 (Read 39172 times)

sr. member
Activity: 348
Merit: 250
My bet is they dont want to earn money now and use ASIC scheme to get more money later. It would possibly the best con job ever.

How many minirigs have they actually shipped? They already take preorder for ASIC and announce trade-in program.
You're probably right.  I can't believe nobody ever said anything negative about BFL before I sent them $30k in mid-March.  I was excited and hopeful until I read your post just now, but I guess I'm screwed because even if I somehow luck out and manage get the two mini-rigs I ordered, BFL must STILL be a scam.  *SOB!*
hero member
Activity: 658
Merit: 500
And how much would a factory wafer respin cost from an old maskset, ngzhang? Do you know any numbers there?

just contact with an altera FAE ( is on of my friends  Cheesy ), he is unwilling to discuss about the price, but leak a message that the A2 GX260 is about 300 USD at a moderate quantity.  Cheesy
If we made some wild assumptions that these were it, and that they could get them for $300 each, that means:

$300 x 17 cards per rig x 2 chips per card == $10,200.00

Mini-rig price: $15,295.00 minus $10,200.00 == $5,095.00

So are the PCBs, supporting components, PSU, enclosure, and fans enough to eat that ~$5k? Seems like there could be a decent bit of profit here.

certainly not.
by experience, as a small amount product (bitcoin mining equipment will NEVER grow up to a traditionally BIG market you know), if the final price is twice as the cost, you will run at loss unless you careful calculation and strict budgeting, and it must be a easy to make stuff. sell the product at least triple of the cost will much better for a flat.



"certainly not.
by experience, as a small amount product (bitcoin mining equipment will NEVER grow up to a traditionally BIG market you know), if the final price is twice as the cost, you will run at loss unless you careful calculation and strict budgeting, and it must be a easy to make stuff. sell the product at least triple of the cost will much better for a flat. "



I dont ander stand  "sell the product at least triple of the cost will"   do you mean this product (mini rig)should be sold at 3 x $15,295 = $45,885

that means if you produce a stuff cost you 100$, and it's a low quantity product. then in a general way, sell it at 200-300$ will make ends meet.
it doesn't matter what BFL do. they could make the singles and minirigs at a unbelievable low cost, or just don't want to earn any money "now". who knows.

My bet is they dont want to earn money now and use ASIC scheme to get more money later. It would possibly the best con job ever.

How many minirigs have they actually shipped? They already take preorder for ASIC and announce trade-in program.
legendary
Activity: 4466
Merit: 1798
Linux since 1997 RedHat 4
...
BFL FPGAs COULD be repurposed, but BFL requires encrypted bitstreams.
Who told you this? Smiley
sr. member
Activity: 265
Merit: 250
Football President
Maybe the low margins makes the mini rig ($15000 for 25 GB/s  -- $0.61 per M/h) good value for money product is to get people to pre pay.
So BFL balance sheet  very looks good for the vulture capitalist opps I mean venture capitalist. I would think the trade in is because there will be a high margin on asic rigs from day one and you would expect the new asic products to half in price after the trade in period expires .
legendary
Activity: 1274
Merit: 1004
I wonder what the quantity of Minirigs they have sold is? 30 would get them up to a quantity of 1000 FPGAs, which might be another price break for them.

Even then, they probably aren't making a ton of money on Minirigs if they're even paying $250 per FPGA. That would still be 8500 in FPGAs, and other components in the system would likely push it up closer to $10k. If they sell 30 FPGA MiniRigs, that would only leave 150k to pay for the space, keeping the lights on, paying employees, etc. There might be money in it, but not much.
hero member
Activity: 592
Merit: 501
We will stand and fight.
And how much would a factory wafer respin cost from an old maskset, ngzhang? Do you know any numbers there?

just contact with an altera FAE ( is on of my friends  Cheesy ), he is unwilling to discuss about the price, but leak a message that the A2 GX260 is about 300 USD at a moderate quantity.  Cheesy

Just for curiosity, what does 'moderate quantity' means (probably for such largish FPGAs)?


200-500
legendary
Activity: 1270
Merit: 1000
And how much would a factory wafer respin cost from an old maskset, ngzhang? Do you know any numbers there?

just contact with an altera FAE ( is on of my friends  Cheesy ), he is unwilling to discuss about the price, but leak a message that the A2 GX260 is about 300 USD at a moderate quantity.  Cheesy

Just for curiosity, what does 'moderate quantity' means (probably for such largish FPGAs)?
hero member
Activity: 592
Merit: 501
We will stand and fight.
And how much would a factory wafer respin cost from an old maskset, ngzhang? Do you know any numbers there?

just contact with an altera FAE ( is on of my friends  Cheesy ), he is unwilling to discuss about the price, but leak a message that the A2 GX260 is about 300 USD at a moderate quantity.  Cheesy
If we made some wild assumptions that these were it, and that they could get them for $300 each, that means:

$300 x 17 cards per rig x 2 chips per card == $10,200.00

Mini-rig price: $15,295.00 minus $10,200.00 == $5,095.00

So are the PCBs, supporting components, PSU, enclosure, and fans enough to eat that ~$5k? Seems like there could be a decent bit of profit here.

certainly not.
by experience, as a small amount product (bitcoin mining equipment will NEVER grow up to a traditionally BIG market you know), if the final price is twice as the cost, you will run at loss unless you careful calculation and strict budgeting, and it must be a easy to make stuff. sell the product at least triple of the cost will much better for a flat.



"certainly not.
by experience, as a small amount product (bitcoin mining equipment will NEVER grow up to a traditionally BIG market you know), if the final price is twice as the cost, you will run at loss unless you careful calculation and strict budgeting, and it must be a easy to make stuff. sell the product at least triple of the cost will much better for a flat. "



I dont ander stand  "sell the product at least triple of the cost will"   do you mean this product (mini rig)should be sold at 3 x $15,295 = $45,885

that means if you produce a stuff cost you 100$, and it's a low quantity product. then in a general way, sell it at 200-300$ will make ends meet.
it doesn't matter what BFL do. they could make the singles and minirigs at a unbelievable low cost, or just don't want to earn any money "now". who knows.
sr. member
Activity: 265
Merit: 250
Football President
And how much would a factory wafer respin cost from an old maskset, ngzhang? Do you know any numbers there?

just contact with an altera FAE ( is on of my friends  Cheesy ), he is unwilling to discuss about the price, but leak a message that the A2 GX260 is about 300 USD at a moderate quantity.  Cheesy
If we made some wild assumptions that these were it, and that they could get them for $300 each, that means:

$300 x 17 cards per rig x 2 chips per card == $10,200.00

Mini-rig price: $15,295.00 minus $10,200.00 == $5,095.00

So are the PCBs, supporting components, PSU, enclosure, and fans enough to eat that ~$5k? Seems like there could be a decent bit of profit here.

certainly not.
by experience, as a small amount product (bitcoin mining equipment will NEVER grow up to a traditionally BIG market you know), if the final price is twice as the cost, you will run at loss unless you careful calculation and strict budgeting, and it must be a easy to make stuff. sell the product at least triple of the cost will much better for a flat.



"certainly not.
by experience, as a small amount product (bitcoin mining equipment will NEVER grow up to a traditionally BIG market you know), if the final price is twice as the cost, you will run at loss unless you careful calculation and strict budgeting, and it must be a easy to make stuff. sell the product at least triple of the cost will much better for a flat. "



I dont ander stand  "sell the product at least triple of the cost will"   do you mean this product (mini rig)should be sold at 3 x $15,295 = $45,885
hero member
Activity: 592
Merit: 501
We will stand and fight.
And how much would a factory wafer respin cost from an old maskset, ngzhang? Do you know any numbers there?

just contact with an altera FAE ( is on of my friends  Cheesy ), he is unwilling to discuss about the price, but leak a message that the A2 GX260 is about 300 USD at a moderate quantity.  Cheesy
If we made some wild assumptions that these were it, and that they could get them for $300 each, that means:

$300 x 17 cards per rig x 2 chips per card == $10,200.00

Mini-rig price: $15,295.00 minus $10,200.00 == $5,095.00

So are the PCBs, supporting components, PSU, enclosure, and fans enough to eat that ~$5k? Seems like there could be a decent bit of profit here.

certainly not.
by experience, as a small amount product (bitcoin mining equipment will NEVER grow up to a traditionally BIG market you know), if the final price is twice as the cost, you will run at loss unless you careful calculation and strict budgeting, and it must be a easy to make stuff. sell the product at least triple of the cost will much better for a flat.
rjk
sr. member
Activity: 448
Merit: 250
1ngldh
And how much would a factory wafer respin cost from an old maskset, ngzhang? Do you know any numbers there?

just contact with an altera FAE ( is on of my friends  Cheesy ), he is unwilling to discuss about the price, but leak a message that the A2 GX260 is about 300 USD at a moderate quantity.  Cheesy
If we made some wild assumptions that these were it, and that they could get them for $300 each, that means:

$300 x 17 cards per rig x 2 chips per card == $10,200.00

Mini-rig price: $15,295.00 minus $10,200.00 == $5,095.00

So are the PCBs, supporting components, PSU, enclosure, and fans enough to eat that ~$5k? Seems like there could be a decent bit of profit here.
hero member
Activity: 592
Merit: 501
We will stand and fight.
And how much would a factory wafer respin cost from an old maskset, ngzhang? Do you know any numbers there?

just contact with an altera FAE ( is on of my friends  Cheesy ), he is unwilling to discuss about the price, but leak a message that the A2 GX260 is about 300 USD at a moderate quantity.  Cheesy

From what I understand A2 GX260 are capable of about 750GH/S  ie 1.5 GH/s for 2 = bfl new single (use 17 of them in mini rig)

ie if they where sold as singles  at about $1000  for 1.5 GH/s ---

maybe you should consider using A2 GX260  in your next FPGA development

certainly not  Cheesy, 600USD (this is only chip cost) for only 1.5GH/s is unacceptable.  plus 100$ additional charge, what is your expected final price for a 700USD cost product? 1000USD?  Cheesy

and, A2 is a obsolescent product, A5(Arria V series, 28nm) is much cheaper (20%+)than A2 (at same capacity), but BFL didn't use the faster and cheaper one. maybe it's really hard for them to find enough 2nd hand A5 FPGAs.

for now though, let's  see what will happen on spartan6 this year.
sr. member
Activity: 265
Merit: 250
Football President
And how much would a factory wafer respin cost from an old maskset, ngzhang? Do you know any numbers there?

just contact with an altera FAE ( is on of my friends  Cheesy ), he is unwilling to discuss about the price, but leak a message that the A2 GX260 is about 300 USD at a moderate quantity.  Cheesy

From what I understand A2 GX260 are capable of about 750GH/S  ie 1.5 GH/s for 2 = bfl new single (use 17 of them in mini rig)

ie if they where sold as singles  at about $1000  for 1.5 GH/s ---

maybe you should consider using A2 GX260  in your next FPGA development
hero member
Activity: 592
Merit: 501
We will stand and fight.
And how much would a factory wafer respin cost from an old maskset, ngzhang? Do you know any numbers there?

just contact with an altera FAE ( is on of my friends  Cheesy ), he is unwilling to discuss about the price, but leak a message that the A2 GX260 is about 300 USD at a moderate quantity.  Cheesy
rjk
sr. member
Activity: 448
Merit: 250
1ngldh
And how much would a factory wafer respin cost from an old maskset, ngzhang? Do you know any numbers there?
hero member
Activity: 592
Merit: 501
We will stand and fight.
OK, here are some grapevine news.
i asked a seller in the market today, who is one of my best friends.

the EP2AGX260 F780 is about 2000USD for a new one (supply is nervous), and 200~350USD for a used one (no problem for a 500pcs order).

 Grin
legendary
Activity: 1493
Merit: 1003
Nice find. It'd be really interesting to to be a fly on the wall of BFL's offices to see their design flow. Do they design a product and source it, or do they wait and try to source an amazing price on a lot of powerful hardware, and then design a product around it?
Would definitely bet on the latter.
So do I, after reading their FAQ about the Custom ASIC.
legendary
Activity: 1012
Merit: 1000
Nice find. It'd be really interesting to to be a fly on the wall of BFL's offices to see their design flow. Do they design a product and source it, or do they wait and try to source an amazing price on a lot of powerful hardware, and then design a product around it?
Would definitely bet on the latter.
legendary
Activity: 1274
Merit: 1004
Nice find. It'd be really interesting to to be a fly on the wall of BFL's offices to see their design flow. Do they design a product and source it, or do they wait and try to source an amazing price on a lot of powerful hardware, and then design a product around it?
legendary
Activity: 1493
Merit: 1003
Backplanes are expensive. Reusing SATA is the cheapest industrial internal connection by far. Its cheaper than using DB9 serial connections as well.
Ah, now I see. Makes sense, then. (And gives me some ideas to non Bitcoin related projects!)

As for you being unable to afford it... well, thats the way it is. These parts cost money. There is no cheap solution.
Yups, that's right. But someday, I'll be able to afford one (or two! Cheesy). Just thought I was missing something (and I was missing more than something!) on why they were so expensive when compared to graphics cards that someone once said to be almost a sort of FPGA. (Excluding mass production costs, of course)

Maybe I misread you, but are you implying that a 15,000 dollar mini-rig could be made cheaper by not using SATA cables for their I/O (which doesn't actually use SATA, just the cables)?
No, not implying anything, just trying to understand why the actual design instead an 30 years old mainframe type of design where you plugged boards in a backpane.

Or are you just wanting a PCIe FPGA that you throw inside your computer just like a video card?
Once again, this was just a thought on "Why not?" but, yeah, that would be the main idea. Smiley
Already answered also:

Can't pcie slots provide up to 75W of power?
Yeah, but you're limited to 150w total across the entire motherboard. Same reason you're boned if you try more than two 5970/6990/7990 and aren't using powered risers.

Tonight, I'll be able to sleep calm, now that the world makes sense!

Thank you all for your patience and I'm sorry if I bothered someone with my doubts, I prefer to ask instead of making assumptions, and as far as I've been able to search and read, I've never seen anybody asking this. Smiley
I also hope these answers to my questions become a reference for future FPGA designers.
It's great to be part of this community!
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