Anyway, my point being that after this summer's new ASIC chips are released and shipped we might see the hashrate level off and track the btc/USD price, at least until 12nm or whatever ASIC fabs become available.
Topic: Next ASIC upgrade? - page 2. (Read 3286 times)
I got the impression that so far most of the ASIC advances have been from moving to more advanced production methods, from 65/55nm chips down to 28nm which seems to be the current generation. The actual design of a SHA256 hashing ASIC is pretty simple so there isnt much room for optimisation there, the next generation of ASIC chips may be the last to offer any significant improvement in TH/kW and initial cost per TH. Of course then it comes down to whoever can keep their power/cooling/maintenance cost the lowest which favours the datacentres and centralisation of hashpower which noone wants. Although there might then be potential for someone to produce a USB type miner/hardware wallet combo for bitcoin users to run at home - generates income and keeps your btc secure whilst decentralising the network
Anyway, my point being that after this summer's new ASIC chips are released and shipped we might see the hashrate level off and track the btc/USD price, at least until 12nm or whatever ASIC fabs become available.
Anyway, my point being that after this summer's new ASIC chips are released and shipped we might see the hashrate level off and track the btc/USD price, at least until 12nm or whatever ASIC fabs become available.
Are we done developing better asics? I havent heard any new news of upgrades... Are we about done? Have we decided we cant fit any more hashing power into such as small chip and it be power effective? Or have I just not been paying attention? Also, if there is a new wave coming out, what are the specs going to be (TH/s, Power consumption, etc.)?
I think 10T machine will coom soon
We should prepare for it
About how many months between wave releases of new asics is it?
Toward the end of last year Cointerra's Terraminer IV caught my eye when they promised 2 T/H for $6,000. At the time, only the May batch was available since Jan, Feb, Mar, and Apr batches were already sold out. I was waiting until I saved up enough money to get it but then it sold out. I knew getting the June batch would be too late so I bought coins instead. While I was holding on coins, I found out about Bitmain's Antminer S1's for the first time. The people who bought these machines already made their ROI by March, before Cointerra even delivered their 3rd and 4th batches. I traded my coins for Antminers in the middle of March and am in the process of at least trying to make my ROI back. The moral of this story is that even though pre-orders sometime seem like a good deal, there is no predicting what other miners may come out before the pre-orders are released. I am glad that I was not able to order the May batch of Cointerra's machine since it will not even come close to getting the ROI back at the price of $6,000 and I would still be waiting to mine instead of being able to mine with the Antminers right now.
It's alright. It's more than you ever made working at Mcdonalds 
I'm actually getting 16.2 TH
Good luck...
Do you have spare 16-18-20KW electric power available ...like 160-200Amps 110V...
Or $1200 per month for electric bill ...or leasing fees...?
It is NOT so simple, kid... I wish too...
Try 1200 per 3 months.
NO ...you try $1200 PER UNIT per 3 months...you are buying 3 SP30 bundle ...right... = $1200 per month...out of your mom's pocket...kid...
50 T/H worth of mining power will get you about 3 bitcoins per month in January 2015. Think about that. We're talking at least tens of T/H early next year and hundreds of T/H later on in 2015. This should not be too much of a surprise since just last year a 5 G/H Jalapeno was actually worth something in the beginning of 2013.
By the way, a 5.4 T/H miner delivered in August will only get you back about 6 btcs.
By the way, a 5.4 T/H miner delivered in August will only get you back about 6 btcs.
...and 50T/H will need about 50KW of electric power ...at current efficiency of 1W/1GH...and will cost you ...@$0.10/KWh * 720 * 50 = #3600 ...
BTC @ $1200 is about breakeven ...Overhead...hosting etc...is extra...
Hard to believe that mining will be the same by the end of 2014...
I'm assuming that one of these will happen: 1. much more efficient ASIC's are created 2. price of btc keeps mining reasonable 3. difficulty increase rate will drop
The thing is, they're rapidly approaching the efficiency barrier if they haven't already hit it. There are physical limits to what can be done with the chips. Once the limit is reached it becomes how much you can cram into a package without melting itself into a pile of slag.
I'm actually getting 16.2 TH
Good luck...
Do you have spare 16-18-20KW electric power available ...like 160-200Amps 110V...
Or $1200 per month for electric bill ...or leasing fees...?
It is NOT so simple, kid... I wish too...
Try 1200 per 3 months.
It's hosted in their facility. 7.5 kW is not much.
I'm actually getting 16.2 TH
Good luck...
Do you have spare 16-18-20KW electric power available ...like 160-200Amps 110V...
Or $1200 per month for electric bill ...or leasing fees...?
It is NOT so simple, kid... I wish too...
50 T/H worth of mining power will get you about 3 bitcoins per month in January 2015. Think about that. We're talking at least tens of T/H early next year and hundreds of T/H later on in 2015. This should not be too much of a surprise since just last year a 5 G/H Jalapeno was actually worth something in the beginning of 2013.
By the way, a 5.4 T/H miner delivered in August will only get you back about 6 btcs.
By the way, a 5.4 T/H miner delivered in August will only get you back about 6 btcs.
...and 50T/H will need about 50KW of electric power ...at current efficiency of 1W/1GH...and will cost you ...@$0.10/KWh * 720 * 50 = #3600 ...
BTC @ $1200 is about breakeven ...Overhead...hosting etc...is extra...
Hard to believe that mining will be the same by the end of 2014...
I'm assuming that one of these will happen: 1. much more efficient ASIC's are created 2. price of btc keeps mining reasonable 3. difficulty increase rate will drop
About how many months between wave releases of new asics is it?
I'm actually getting 16.2 TH
Good luck...
Do you have spare 16-18-20KW electric power available ...like 160-200Amps 110V...
Or $1200 per month for electric bill ...or leasing fees...?
It is NOT so simple, kid... I wish too...
I'm actually getting 16.2 TH
with the large GH farms/neptunes and other stuff coming out ..ie probably all the same week at this point...
just could not justify 21k for a 16.2th unit (which is spoonigneles or whatever it is called)
it is gonna get really really ugly chasing the GH i need to mine ..ghost this summer imho
me GH wise I'm sitting on the fence
(no need to throw rocks i did my 'stupid' for the year and got a Titan ....sigh)
but its like a dog chasing a car...assuming i catch it...the car will just drag me down the road anyway
(i know my analogies suck..but getting too too hard to keep up with the big boys and GH arms race)
so we also serve who sit on the fence (gh wise) and scratch head//////?
?Searing
I'm actually getting 16.2 TH
50 T/H worth of mining power will get you about 3 bitcoins per month in January 2015. Think about that. We're talking at least tens of T/H early next year and hundreds of T/H later on in 2015. This should not be too much of a surprise since just last year a 5 G/H Jalapeno was actually worth something in the beginning of 2013.
By the way, a 5.4 T/H miner delivered in August will only get you back about 6 btcs.
By the way, a 5.4 T/H miner delivered in August will only get you back about 6 btcs.
...and 50T/H will need about 50KW of electric power ...at current efficiency of 1W/1GH...and will cost you ...@$0.10/KWh * 720 * 50 = #3600 ...
BTC @ $1200 is about breakeven ...Overhead...hosting etc...is extra...
Hard to believe that mining will be the same by the end of 2014...
50 T/H worth of mining power will get you about 3 bitcoins per month in January 2015. Think about that. We're talking at least tens of T/H early next year and hundreds of T/H later on in 2015. This should not be too much of a surprise since just last year a 5 G/H Jalapeno was actually worth something in the beginning of 2013.
By the way, a 5.4 T/H miner delivered in August will only get you back about 6 btcs.
By the way, a 5.4 T/H miner delivered in August will only get you back about 6 btcs.
If I could have convinced my parents back then that Bitcoin was a great investment, I would just buy the bitcoins instead of the miners. Today I'd probably own a huge mining farm.
yes. soon knc will be setting up their own mining farm.
knc already has a private mining farm.
As to the ASIC's Spondoolies-Tech has a 5.4 TH machine in the works due to be ready to ship in August of this year. They also have said they are working on their third generation miner that would have so much TH that other miners will be obsolete.
Close you eyes. And imagine a 5.4 TH/s miner. 18 months ago. *Mind explodes*
yes. soon knc will be setting up their own mining farm.
knc already has a private mining farm.
As to the ASIC's Spondoolies-Tech has a 5.4 TH machine in the works due to be ready to ship in August of this year. They also have said they are working on their third generation miner that would have so much TH that other miners will be obsolete.
yes. soon knc will be setting up their own mining farm.
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