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Topic: Off-Topic - page 207. (Read 384417 times)

newbie
Activity: 43
Merit: 0
June 23, 2013, 02:45:44 PM
TerraHash should not have any problems putting 16 ASIC on the board and meeting their hash rate that was specified.
The problem comes when someone wants to over clock the board and finds that overclocking is limited by the power supply.
I don't think TerraHash guaranteed that their board could be overclocked.

Building a board that can survive being 10% overclocked is almost a safety percaution honestly

It allows for variance in quality of parts. A low quality capacitor can drop that 10% down to native speed very quickly. Nobody would complain that their board works at spec and doesn't handle overclocking (or would they)
newbie
Activity: 43
Merit: 0
June 23, 2013, 02:43:34 PM
If they want to mine using my board for an hour, thats fine.

A week? Not OK.
legendary
Activity: 2198
Merit: 1000
June 23, 2013, 02:31:11 PM
member
Activity: 70
Merit: 10
June 23, 2013, 02:08:05 PM
full member
Activity: 123
Merit: 100
June 23, 2013, 01:55:17 PM
hero member
Activity: 1316
Merit: 503
Someone is sitting in the shade today...
June 23, 2013, 01:40:21 PM

Maybe, maybe not.  Keep in mind that chip sales will slow if they don't ship on a reasonable time frame.  Moreover, its very hard to calculate the Net present value of these chips over the next few months, let alone years as there is no telling where difficulty will be.  Keep in mind that BFL is also offering chips now, you know of KNC miner, and there will be more outfits to arise in the near future as well.

I think the safe and smart move for Avalon is to ship ASAP; most businesses would agree also.  The possible reward with holding and using chips is very high, but so is the risk factor....I can't really put a number on it due to the amount of unknowns in the equation, but neither can you...and neither can Avalon...so the best move is to take money in the hand.

why is it a safe and smart move for avalon to ship the chips asap? they already took your btc, why would they ship asap? they will try to delay it as long as they could. Bfl, avalon, and knc(if it's even real) are all playing a game of chicken trying to delay as much as they can.  Asic miner is playing a different game by charging such a high price that barely breaks even for the suckers who buy their hardware but at least they are not lying about shipping the hardware.

Everyone wants to buy cheap hardware and hoping for a return in a few months, avalon & bfl are not stupid they are using exactly this mass hysteria and greed to sell seemingly unbelievable cheap hardware, of course it's another story to actually get them to ship it. I can guaranteed there will not be massive shipment of anything asic from those companies, they will ship maybe 1-2 orders then delay another month or two to ship 1 more order etc..to have the appearance of trying and keep the mobs at bay.

There is no free lunch, only way to have those kind of returns is to create your own asic chips with a 500k min investment, but then once you have them YOU YOURSELF will be playing the exact same game as those guys trying not to ship it to the masses after taking their money.

My $10k bet on terrahash is 1) terrahash is one of the lucky ones to receive a chip shipment from avalon  2) keep to their word like they are trying so hard right now to appear legit, and actually ship the hardware after getting the chips, not mining in some warehouse first for a few months citing technical challenges - the temptation is undeniable - if you can have a  5 figure income per day mining using those hardware would you make up some bullshit excuse and pocket the coins instead?

I have been trading risky equities, options+futures and fx all my life both professionally and as a hobby, never seen a market with so much bullshit and scam yet at the same time so many people willing to part with their hard earned money over blind faith.  Hell vegas seemed tame by comparison.
newbie
Activity: 43
Merit: 0
June 23, 2013, 12:41:56 PM
Depending on the terms of the mining pool, I might do this myself with eligius

I really want to know those terms
member
Activity: 60
Merit: 10
June 23, 2013, 12:20:40 PM
A friend of mine uses a lego case for his super duper gaming desktop rig

Honestly, what kind of cooling do these things need?

Would 4 120mm 900rpm fans cut it, in a tunnel configuration around the board work?

From reading all of BkkCoins posts, it sounds like heat won't be a huge issue with the boards, and just moderate airflow should keep them cool enough.  I can't find the specific posts about this offhand, but dig around on this thread for more info (it's a fun read too!):

https://bitcointalksearch.org/topic/klondike-16-chip-asic-open-source-board-preliminary-190731
legendary
Activity: 2198
Merit: 1000
June 23, 2013, 11:15:28 AM
Any asic mining board company that can deliver affordable quality boards/units to its customers at large in a timely manner, and stand behind what they sell, will have the world by the tail! Lets hope we all picked a winner with Terrahash!
sr. member
Activity: 378
Merit: 250
June 23, 2013, 11:14:23 AM
TerraHash should not have any problems putting 16 ASIC on the board and meeting their hash rate that was specified.
The problem comes when someone wants to over clock the board and finds that overclocking is limited by the power supply.
I don't think TerraHash guaranteed that their board could be overclocked.

But I thought that that discussion is saying that they are going to change the board so that it is necessarily overclocked and in order to put 16 chips will require an extra power reg. I may be mistaken.
newbie
Activity: 43
Merit: 0
June 23, 2013, 11:06:00 AM
I dont understand why cloud hashing had to be refunded. I mean the batch was bought already. How can they expect that the money can flow back? Or did terrahash sign a contract that allowed this?
Anyway... its poor morale of cloud hashing to act this way.

Cloudhashing is a business, a business that has overhead, which includes employees, electricity, data center etc so its not as easy as setting up a rig in your house.

That business model is also tied to difficulty of mining etc. so the delivery of equipment by a certain date is critical to success.

I am just speculating that Terrahash could have salvaged that deal had they agreed to reduce their profit margin. Then they would have made a little less money but also been able to advertise they were supplying Cloudhashing.

Frankly, on another topic they would have been better served to advertise that they had the relationship with CH as this would have given them a ton of credibility.

ASIC mining companies (all of them) suffer from the lack of marketing expertise.

terrahash did not need cloudhash to sell all the asics they had orderred
terrahash does not need more orders to keep themselves busier than they want to be
if terrahash finishes on time they will be the fastest avalon preassemble to market
terrahash is also one of the cheapest preassembled klondike provider


Terrahash did not need more credibility..


I agree, why would you market when 100% of your capability is being sold?
newbie
Activity: 43
Merit: 0
June 23, 2013, 11:05:24 AM
You bought a large with only funds for 2 boards? That's interesting.

I signed up for hosting, but if I didn't do that, I'd probably build a lego case, and use a 420w corsair PSU

lego's ftw!

Exactly.  I really wanted to order a case and add modules later, but couldn't justify it to myself based on the amount of hashpower I could get for just the cost of the case.  Legos to the rescue!

A friend of mine uses a lego case for his super duper gaming desktop rig

Honestly, what kind of cooling do these things need?

Would 4 120mm 900rpm fans cut it, in a tunnel configuration around the board work?
legendary
Activity: 1582
Merit: 1001
June 23, 2013, 11:03:52 AM
I dont understand why cloud hashing had to be refunded. I mean the batch was bought already. How can they expect that the money can flow back? Or did terrahash sign a contract that allowed this?
Anyway... its poor morale of cloud hashing to act this way.

Cloudhashing is a business, a business that has overhead, which includes employees, electricity, data center etc so its not as easy as setting up a rig in your house.

That business model is also tied to difficulty of mining etc. so the delivery of equipment by a certain date is critical to success.

I am just speculating that Terrahash could have salvaged that deal had they agreed to reduce their profit margin. Then they would have made a little less money but also been able to advertise they were supplying Cloudhashing.

Frankly, on another topic they would have been better served to advertise that they had the relationship with CH as this would have given them a ton of credibility.

ASIC mining companies (all of them) suffer from the lack of marketing expertise.

terrahash did not need cloudhash to sell all the asics they had orderred
terrahash does not need more orders to keep themselves busier than they want to be
if terrahash finishes on time they will be the fastest avalon preassemble to market
terrahash is also one of the cheapest preassembled klondike provider


Terrahash did not need more credibility..
newbie
Activity: 43
Merit: 0
June 23, 2013, 10:48:26 AM
TerraHash should not have any problems putting 16 ASIC on the board and meeting their hash rate that was specified.
The problem comes when someone wants to over clock the board and finds that overclocking is limited by the power supply.
I don't think TerraHash guaranteed that their board could be overclocked.

 


All TH has to do to make me happy is deliver the Hash rate I paid for 2 weeks after they get the chips.

Anything more than that, makes them heros.

I agree.

People put unreasonable demands on them.
hero member
Activity: 854
Merit: 500
June 23, 2013, 10:40:16 AM
TerraHash should not have any problems putting 16 ASIC on the board and meeting their hash rate that was specified.
The problem comes when someone wants to over clock the board and finds that overclocking is limited by the power supply.
I don't think TerraHash guaranteed that their board could be overclocked.

 


All TH has to do to make me happy is deliver the Hash rate I paid for 2 weeks after they get the chips.

Anything more than that, makes them heros.
sr. member
Activity: 378
Merit: 250
June 23, 2013, 10:28:56 AM
TerraHash should not have any problems putting 16 ASIC on the board and meeting their hash rate that was specified.
The problem comes when someone wants to over clock the board and finds that overclocking is limited by the power supply.
I don't think TerraHash guaranteed that their board could be overclocked.

 
hero member
Activity: 854
Merit: 500
June 23, 2013, 10:27:31 AM
I dont understand why cloud hashing had to be refunded. I mean the batch was bought already. How can they expect that the money can flow back? Or did terrahash sign a contract that allowed this?
Anyway... its poor morale of cloud hashing to act this way.

Cloudhashing is a business, a business that has overhead, which includes employees, electricity, data center etc so its not as easy as setting up a rig in your house.

That business model is also tied to difficulty of mining etc. so the delivery of equipment by a certain date is critical to success.

I am just speculating that Terrahash could have salvaged that deal had they agreed to reduce their profit margin. Then they would have made a little less money but also been able to advertise they were supplying Cloudhashing.

Frankly, on another topic they would have been better served to advertise that they had the relationship with CH as this would have given them a ton of credibility.

ASIC mining companies (all of them) suffer from the lack of marketing expertise.
sr. member
Activity: 378
Merit: 250
June 23, 2013, 10:14:50 AM
How do you all think will Terrahash deal with the potential for BKK creating the overclocked boards which only hold 14 Avalon chips? Instead of a K16, it will be a K14. Did we pay for the number of chips or the hash rate?

In reference to this discussion: https://bitcointalk.org/index.php?topic=190731.1700
newbie
Activity: 43
Merit: 0
June 23, 2013, 10:14:29 AM
Hey terrahash,

Does anyone know the details of their hosted hashing pool? I know you charge like 10$ per 18ghash board per month. Is this going to be linked into another mining pool like eligius? (0% fee) That would definitely increase the stability of the mining!

Is there a % fee on the mining pool?

Because I don't know the details, I might actually end up having you guys ship it, and mining it myself in a lego case, with my RPI
legendary
Activity: 3248
Merit: 1070
June 23, 2013, 09:55:38 AM
guys .. hold your horses .. so far this looks like a "buy it now and we will send when we can", dont jump to buy things you dont even know whent hey will be shipped
money make people fool
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