Off-Topic - page 262. | Bitcointalksearch.org

Xian01

legendary

Activity: 1652

Merit: 1067

Christian Antkow

Quote from: ?? on ??

We have created the initial design concept of the case for DX Large. It can be seen at the following link:
http://terrahash.com/dx-large-case-design-conceptual-sketches/

Ooh ! Pretty pictures !

You had my curiosity… but now you have my attention...

Xian01

legendary

Activity: 1652

Merit: 1067

Christian Antkow

Quote from: kevcoins on May 19, 2013, 12:11:07 AM

would you think he will pull this off?

Doubt we will see anything before September.

kevcoins

member

Activity: 117

Merit: 10

would you think he will pull this off?

Smiley_01

newbie

Activity: 19

Merit: 0

People have to draw their conclusions based on the information given in this thread by terrahash in the past and hopefully in the near future.
I have invested my funds elsewhere now because I had some time pressure and could not wait longer for additional reliable information.

erschiessen

sr. member

Activity: 322

Merit: 250

http://www.dynadot.com/domain/privacy.html

Does Terrahash utilize dynadot's private domain services?
Do they think that there is some reason to remain anonymous?

I was called a troll earlier for asking pointed questions with regards to sample chips.

Yeah, I can be a jerk... but I can also be correct, while being a jerk.

If their sample chips are never seen by anyone outside terrahash's realm of influence, will they exist?

jspielberg

sr. member

Activity: 490

Merit: 255

erschiessen

sr. member

Activity: 322

Merit: 250

FUKT

sr. member

Activity: 446

Merit: 250

Quote from: Chaplin on May 17, 2013, 09:48:34 PM

Quote from: Smiley_01 on May 14, 2013, 04:55:00 AM

@Terrahash:
- Could you please post a snippet of your Bitsyncom order stating:
- The two order numbers, the order status & order date
- Could you please sign a short message with the Bitcoin address you used to
pay the two Avalon ASIC batches and state the unique payment address you used.
And post the info in this thread (bitcoin address, message, signature)
- Some group sellers have done that in the past already, see:
https://bitcointalk.org/index.php?topic=192916.40 - post #57
- Could you please post some proof of your company registration (Terrahash Inc.) e.g.
an official registration no. and / or link to some official commercial register.

This would be what it takes for me to order at least one K64 unit.

Quote from: ?? on ??

You will need an external power source, a usb cable for connection to host and a proper cooling solution.

Do you mean heatsinking, or general ventilation/case fans?

I hope these boards come with heatsinks etc. Assembling power . . . ATX is easy, ventilation . . . easy, the heatsinks will need to be custom made I think. I will definately be ordering a few 18ghs if heatsinks are included.

Chaplin

newbie

Activity: 52

Merit: 0

Quote from: Smiley_01 on May 14, 2013, 04:55:00 AM

@Terrahash:
- Could you please post a snippet of your Bitsyncom order stating:
- The two order numbers, the order status & order date
- Could you please sign a short message with the Bitcoin address you used to
pay the two Avalon ASIC batches and state the unique payment address you used.
And post the info in this thread (bitcoin address, message, signature)
- Some group sellers have done that in the past already, see:
https://bitcointalk.org/index.php?topic=192916.40 - post #57
- Could you please post some proof of your company registration (Terrahash Inc.) e.g.
an official registration no. and / or link to some official commercial register.

This would be what it takes for me to order at least one K64 unit.

Quote from: ?? on ??

You will need an external power source, a usb cable for connection to host and a proper cooling solution.

Do you mean heatsinking, or general ventilation/case fans?

FUKT

sr. member

Activity: 446

Merit: 250

Quick question, what type of connector are you using between boards?

Xian01

legendary

Activity: 1652

Merit: 1067

Christian Antkow

Quote from: dan99 on May 14, 2013, 10:12:46 AM

this guy only has 38 posts and he don't accept escrow or paypal. Be careful that is my warning ...

Indeed this is a slight red flag, but to their credit, they have not asked for funds yet. Will be looking at this project with great interest, and will throw fist-fulls of cash at them if something materializes.

jspielberg

sr. member

Activity: 490

Merit: 255

It looked like it was 780BTC per order of 10,000 from the avalon web store... regardless of how many orders of 10,000 you ordered.

Like we said earlier... what they saying isn't impossible... just seems extremely aggressive since we know that the chips are a fixed cost, and it starts to border on too good to be true when you factor in all the other costs that we can only imagine.

The test will be when they actually have a working board and all the costs to produce it in scale (ie. a known working board with a known number of parts to be picked and placed and baked and tested... server room space... electricity).

Makes one raise one's eyebrows at the least, but as Terrahash has noted... they haven't asked for anything and seem very sincere.

Bitcoinorama

hero member

Activity: 532

Merit: 500

Perhaps it costs less per chip to buy 20,000 chips over 10,000. Economies of scale?

bigbeninlondon

hero member

Activity: 742

Merit: 500

Quote from: Egon on May 16, 2013, 08:08:17 AM

Just a curiosity on my part...

10,000 chips from Avalon = BTC782.1 (including shipping) = BTC0.07821 per chip (with no markup at all)

64 chips * BTC0.07821 = BTC5.00544 worth of chips in one 64 chip complete assembly which TerraHash is charging BTC6.99 for

TerraHash also has the option of charging BTC1.99 for the same board, assembly only, if I send them my own chips

If assembly price can be assumed to be the same for the boards, then buying a fully assembled board with chips included means I'm getting 64 chips at BTC6.99 - BTC1.99 = BTC5.00

Seems like it's a better deal to get chips from TH on a fully assembled board than it is to buy chips from a group buy... especially since most of the group buys added a 10% premium...

So am I really going to pay more for assembly only when I could buy fully assembled chipped boards with less hassle at a lower total cost?

TH in all fairness I think your prices are great but I am just not sure how you can be turning a profit at these numbers, you seem to be losing btc on the chips alone and I know there is a fair amount of component cost in the assembly, of which your price is about 1/2 what anyone else is quoting at this point in time...

Group thoughts?

I have no idea what they are actually doing but it seems that if they source the chips, then it's less hassle for them, and the savings are taken from the cost of the board. Looks to me that BTC1.98456 would still allow them to make a profit, especially if they don't have to fool around with receiving your chips and verifying its you and all that garbage.

alfabitcoin

sr. member

Activity: 476

Merit: 250

Somebody have ordered 200k chips and he/they are first in the line. Wonder will they offer finished unit or they will mine theirselvess.

Egon

member

Activity: 85

Merit: 10

Just a curiosity on my part...

10,000 chips from Avalon = BTC782.1 (including shipping) = BTC0.07821 per chip (with no markup at all)

64 chips * BTC0.07821 = BTC5.00544 worth of chips in one 64 chip complete assembly which TerraHash is charging BTC6.99 for

TerraHash also has the option of charging BTC1.99 for the same board, assembly only, if I send them my own chips

If assembly price can be assumed to be the same for the boards, then buying a fully assembled board with chips included means I'm getting 64 chips at BTC6.99 - BTC1.99 = BTC5.00

Seems like it's a better deal to get chips from TH on a fully assembled board than it is to buy chips from a group buy... especially since most of the group buys added a 10% premium...

So am I really going to pay more for assembly only when I could buy fully assembled chipped boards with less hassle at a lower total cost?

TH in all fairness I think your prices are great but I am just not sure how you can be turning a profit at these numbers, you seem to be losing btc on the chips alone and I know there is a fair amount of component cost in the assembly, of which your price is about 1/2 what anyone else is quoting at this point in time...

Group thoughts?

jspielberg

sr. member

Activity: 490

Merit: 255

I don't think folks are worried you are a scam...

I think the question we are asking among ourselves is if you will be able to be profitable enough to be stable. Your margins look very thin (which is appealing as a short term customer, but less so for long term), but obviously you know your numbers better than us arm chair speculators (burn rate for rent, taxes, licenses, salaries, electricity, insurance, interest on any borrowed capital, blah blah, death by a thousand small cuts, etc....).

Looking forward to seeing the DX designs. Hopefully some neighborly Bitcoin talk folk in California will welcome you to your new location.

I imagine the technical work will progress more quickly with the finalization of the k16 and k64 boards and the shipping of the test chips/chip batches. I think your products and services will be popular. Do you think you will have enough asics (the limiting factor I would imagine) to meet demand?

Good luck... I'm hoping for your success!

PeZ

sr. member

Activity: 297

Merit: 250

That's what we like to hear.

jspielberg

sr. member

Activity: 490

Merit: 255

Which makes terrahash so appealing... Just hope they aren't too good to be true... They are cutting a fine line.

Really looking forward to bitsyncom pushing out all their various batches (Avalon's and chips).

dan99

sr. member

Activity: 406

Merit: 250

Quote from: shapemaker on May 15, 2013, 03:21:05 AM

Quote from: jspielberg on May 14, 2013, 05:30:08 PM

What they have been saying so far passes the sniff test.

Their plan of using existing proven technology and provide a value add (by assembly and hosting) seems like a pretty bread and butter business plan. So far they haven't said anything that seems crazy (like they are about to release their own asic).

We will see if the wheels fall off once the chips ship, or if they are everything they are purporting to be.

I am guardedly optimistic as well.

^ what he says. Too bad there's no project like this springing up in Europe. burnin's boards are one possibility, but they're a bit pricey.

agreed bumin board way to pricey

Topic: Off-Topic - page 262. (Read 384417 times)