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[policy change] define minted seats
no: 72 (0.3%)
yes: 21515 (99.7%)
abstain: 3413
RESULT: MINTED SEAT DEFINITION ADDED TO POLICY
Topic: 📈 NastyFans: The Bitcoin Enthusiast Fan Club (est. 2012) - page 117. (Read 958995 times)
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Do you have the rest of liquid equipment to use it? Pumps etc
You are quite the pessimist. You mistake my question as pessimism
It's more a preparation mindset, neutral loaded question really
Do you have the rest of liquid equipment to use it? Pumps etc
You are quite the pessimist. While I admit I haven't read much into it, CoinTerra's design has me assuming that the liquid cooled system will be completely internal and wouldn't require the purchase of additional pumps/radiators/hoses, etc... If they do indeed require additional equipment, I have quite a bit of experience assembling and running liquid cooled GPUs. We also won't have an issue purchasing any required equipment if it does come to that, which I believe it will not.
EDIT: No.
Do you have the rest of liquid equipment to use it? Pumps etc
I may be a bit behind here... But I did stumble across this gem on the BFL forums last night. If this does indeed turn out to be the case, 10 of our 11 next-gen miners will have liquid cooling!
Quote from: BFL
the plan is for everyone that has a current pre-order, you will be upgraded to the water cooled version of the Monarch for free to compensate for the slight delay.
BFL..
Emphasis: Proceed with caution!
Do you have any reason to believe the company is not legitimate? I've been following them for months now, and have found no red flags.
Besides gut feeling? No hard facts, no. Just very skeptical. Maybe someone who lives near them can go and check out their local office to get a better idea?
Emphasis: Proceed with caution!
Do you have any reason to believe the company is not legitimate? I've been following them for months now, and have found no red flags.
Not exactly "not legitimate" but the red flag for me would be that they don't even suggest a ship date. They say they will be collecting the other 70% of payment 8-10 weeks before shipment which tells me that shipment will be quite a bit longer than that (otherwise just collect the money now). That seems like a minimum of 4-6 months, best case with no further delays.
Given the current high profitability of mining with GPUs and the fact that they are still available (somewhat hard to find, but available) for immediate purchase I would expect scrypt difficulties to continue to rise at a high rate for the foreseeable future (absent a price crash). I don't really have a 4-6 month forecast though.
Emphasis: Proceed with caution!
Do you have any reason to believe the company is not legitimate? I've been following them for months now, and have found no red flags.
Wouldn't hold my breath
Emphasis: Proceed with caution!
Why not purchase scrypt hardware along side of BTC??? My 360GH of ASIC is getting close to useless... mean while my 75MH of GPU is killing it.
I check every single morning to see if scrypt ASICs are available for order yet. We are scrypt mining away with 1.6MH/s now, but I can't power and cool 75MH/s worth of GPUs. It isn't realistic.
Got this newsletter this morning, proceed with caution: https://alpha-t.net/news/development-update-23122013/
Quote
Announcements
Today is the release of our full pricing, shipping, terms and all the helpful information you would need to secure a pre-order, this can all be found in the 'Terms of Order' page. We will be taking a 30% deposit payment, and remainder 70% to be paid 8-10 weeks before shipment. Minimum chip specifications have been confirmed from our ASIC manufacturer using Global Foundries as our foundry. In regards to our devices, we have confirmed a lower power consumption than quoted previously and also a guarantee of minimum hash rate. this can all be found in the individual Product pages. Please read the Terms of Order page, and individual Products pages carefully.
To summarise some other things:
Viper-5mh/s which can hash at minimum 5 MH/s: £1350 (inc VAT) Deposit- £405 (inc VAT)
Viper-25mh/s which can hash at minimum 25 MH/s: £5450 (inc VAT) Deposit- £1635 (inc VAT)
ASIC Chip Specs
Process: 28nm/40nm HPP, 3.3v/1.8v
Internal Memory: >=128Mb SRAM
Gates: ~28M Gates
Clock Speed: > 600 Mhz Core Clock
Hashing Cores: >= 128
Chip Hash rate: > 350 Kh/s
Power Consumption: < 5w
Registration and Wishlist
Registration will be open on the 25th or 26th of December. We urge all customers to be prepared by providing shipping and billing information in the My Account section. Also showing interest by adding their desired products to the Wishlist, with stated quantity.
You can register here on the specified day: https://alpha-t.net/login-register/
New Office
We have moved to a bigger office in Manchester. Some more interior work is still to be done, but here is an image from the outside. Details of our office can be found in the About Us page.
Launch and Next Updates
We expect to officially launch in a weeks time. We will be first rolling out some images of our devices and various other product updates.
Today is the release of our full pricing, shipping, terms and all the helpful information you would need to secure a pre-order, this can all be found in the 'Terms of Order' page. We will be taking a 30% deposit payment, and remainder 70% to be paid 8-10 weeks before shipment. Minimum chip specifications have been confirmed from our ASIC manufacturer using Global Foundries as our foundry. In regards to our devices, we have confirmed a lower power consumption than quoted previously and also a guarantee of minimum hash rate. this can all be found in the individual Product pages. Please read the Terms of Order page, and individual Products pages carefully.
To summarise some other things:
Viper-5mh/s which can hash at minimum 5 MH/s: £1350 (inc VAT) Deposit- £405 (inc VAT)
Viper-25mh/s which can hash at minimum 25 MH/s: £5450 (inc VAT) Deposit- £1635 (inc VAT)
ASIC Chip Specs
Process: 28nm/40nm HPP, 3.3v/1.8v
Internal Memory: >=128Mb SRAM
Gates: ~28M Gates
Clock Speed: > 600 Mhz Core Clock
Hashing Cores: >= 128
Chip Hash rate: > 350 Kh/s
Power Consumption: < 5w
Registration and Wishlist
Registration will be open on the 25th or 26th of December. We urge all customers to be prepared by providing shipping and billing information in the My Account section. Also showing interest by adding their desired products to the Wishlist, with stated quantity.
You can register here on the specified day: https://alpha-t.net/login-register/
New Office
We have moved to a bigger office in Manchester. Some more interior work is still to be done, but here is an image from the outside. Details of our office can be found in the About Us page.
Launch and Next Updates
We expect to officially launch in a weeks time. We will be first rolling out some images of our devices and various other product updates.
Bet my GPU farm is viable 10x longer than any up coming BTC ASIC gear...also the resale rocks. I could host GPU's for Nasty Mining...if you were interested.
Why not purchase scrypt hardware along side of BTC??? My 360GH of ASIC is getting close to useless... mean while my 75MH of GPU is killing it.
Did you mean 75 KH/s, cause I'd be interested in hearing more about your setup if it wasn't a typo!
No I meant 75MH all gpu....will be 85 MH as soon as my packages arrive. I am lucky to have free power for my rigs though. Even with power costs ROI is 2-3 months. ASIC for Scrypt is is not for a long long time.
$200/month seems low to me. Are you using a switching pool (multipool/hascows/middlecoin)? They've been running around twice the output value of just mining LTC recently. The latter two pay out in BTC so you don't need to worry about a bunch of altcoin dust.
We are running our own P2pool LTC node. The $200 figure factored in electricity. Probably seems low because of how much less efficient GPUs are.
It seemed low because the autoswitching pools are paying out a lot more value. Please try that for a few days at least. I know how to calculate electricity usage.
$200/month seems low to me. Are you using a switching pool (multipool/hascows/middlecoin)? They've been running around twice the output value of just mining LTC recently. The latter two pay out in BTC so you don't need to worry about a bunch of altcoin dust.
We are running our own P2pool LTC node. The $200 figure factored in electricity. Probably seems low because of how much less efficient GPUs are.
our scrypt rig is only bringing in ~$200 profit per month right now using ~1,300 watts of power and that profit amount has been dropping rapidly (keep in mind all electricity is paid out of my pocket). In contrast, one of our BFL Singles uses ~400 watts of power and brings in ~$450 per month. I just can't justify going GPU for any reason looking at those numbers with BTC mining using old equipment still being more than 7x as profitable per watt.
I think you have to consider depreciation though. My 3-year-old 6870s seem to be worth close to half what I paid for them. A 3-year old BFL single will almost certainly be a paperweight, and it might be a paperweight after one year.
But if power is the limiting factor staying away from GPUs probably does make sense.
$200/month seems low to me. Are you using a switching pool (multipool/hascows/middlecoin)? They've been running around twice the output value of just mining LTC recently. The latter two pay out in BTC so you don't need to worry about a bunch of altcoin dust.
I can't power and cool 75MH/s worth of GPUs. It isn't realistic.
That's pretty extreme. How about expanding the current GPU capacity a bit? If nothing else they seem to hold their value. I have some 6870s that I've been running for 3 years and not only are they still mining but they still have a bit of resale value! Who knows maybe a good primecoin (or some other coin) GPU miner will come to light and even if (and more importantly when) scrypt moves to ASICs, the GPUs can mine that, or otherwise liquidate them.
GPUs don't make sense no matter what the circumstance. They use too much power. When our next-gen stuff starts showing up we will need that electrical capacity for what will really bring in the coin. Not to mention I think scrypt ASICs are probably 4-5 months away and will render all GPUs obsolete. For a regular person that isn't such a big deal because they can just sell them on eBay. However, that would present numerous issues for us and selling GPUs on this forum for any kind of fair value will be nearly impossible at that point. The risk reward is just not there. For example, our scrypt rig is only bringing in ~$200 profit per month right now using ~1,300 watts of power and that profit amount has been dropping rapidly (keep in mind all electricity is paid out of my pocket). In contrast, one of our BFL Singles uses ~400 watts of power and brings in ~$450 per month. I just can't justify going GPU for any reason looking at those numbers with BTC mining using old equipment still being more than 7x as profitable per watt.
I can't power and cool 75MH/s worth of GPUs. It isn't realistic.
That's pretty extreme. How about expanding the current GPU capacity a bit? If nothing else they seem to hold their value. I have some 6870s that I've been running for 3 years and not only are they still mining but they still have a bit of resale value! Who knows maybe a good primecoin (or some other coin) GPU miner will come to light and even if (and more importantly when) scrypt moves to ASICs, the GPUs can mine that, or otherwise liquidate them.
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