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Topic: [PicoStocks] 100TH/s bitcoin mine [100th] - page 34. (Read 470088 times)

sr. member
Activity: 420
Merit: 250
September 25, 2013, 10:00:18 AM
Why would they upgrade to faster chips?  The business plan is pretty clear on this being a one shot effort.  The change to 200TH was surprising enough...
hero member
Activity: 588
Merit: 500
September 25, 2013, 06:32:54 AM
That's fine.  I'm just saying there are good higher-density options available if space becomes our constraint.
They are not available, they will be available in the future. That is not to speak about lie/fail possibility.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
September 25, 2013, 05:45:30 AM
Yes, they do exist.  There are several hundred HashFast chips in the world.

TSMC just finished their metalization, which is step 33 of 147 and the part that takes the longest.

HashFast will get the chips on the week of October 20th.
That doesn't count as exists, sorry. But great news, thank you.
It's just that investors don't want to wait for November to upgrade the mine. We have hopes of hitting 200TH before that.

That's fine.  I'm just saying there are good higher-density options available if space becomes our constraint.
hero member
Activity: 588
Merit: 500
September 25, 2013, 05:26:50 AM
Yes, they do exist.  There are several hundred HashFast chips in the world.

TSMC just finished their metalization, which is step 33 of 147 and the part that takes the longest.

HashFast will get the chips on the week of October 20th.
That doesn't count as exists, sorry. But great news, thank you.
It's just that investors don't want to wait for November to upgrade the mine. We have hopes of hitting 200TH before that.
legendary
Activity: 1029
Merit: 1000
September 25, 2013, 05:15:28 AM
new solo mining address: https://blockchain.info/address/12grZHgemTNU9nRQqT2cU4rzoeXE7t61au

still no coinbase identifier though. Dave, are you guys using eloipool? I think it's just a matter of settting CoinbasePrefix in merklemaker.py.
This address generated 251 BTC, paid 100 BTC to mine and holds 150 BTC, why it holds ?
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
September 25, 2013, 04:44:20 AM
We need faster hardware when space becomes an issue in a month or two.

Sell Bitfuries, buy HashFasts.  Problem solved!

Do they exist yet? Is there a 1 HashFast chip in the whole World?

Yes, they do exist.  There are several hundred HashFast chips in the world.

HashFast will get the chips on the week of October 20th.
hero member
Activity: 588
Merit: 500
September 25, 2013, 04:26:58 AM
We need faster hardware when space becomes an issue in a month or two.

Sell Bitfuries, buy HashFasts.  Problem solved!

Do they exist yet? Is there a 1 HashFast chip in the whole World?
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
September 25, 2013, 04:12:26 AM
Thanks for the update, Dave. Do you have any estimates on when we'll hit 100 and 200TH? I know you guys are working hard, but it's almost October and times a tickin'. I don't think investors would be as anxious if this was a reinvesting mine, but since it's a fixed rate mine, profits are fading fast and timing is of the essence....(we're up for another big difficulty jump in a few hours)

We are optimizing rigs now, which is slow, but gives the potential for at least 10 - 15TH across the mine.  Meanwhile 35TH in hardware is on the way - this should put us solidly above 100TH.  Getting to 200TH will draw on the gear in production.  We had a 1 week-ish delay due to Chinese New Year, but I expect by the time we are done getting the 35TH up & running, we'll start to see more gear showing up.

Don't forget I only ever built out for 100TH, which I overbuilt to handle about 125TH.  I'm scrambling to support an additional 75TH, but at this point I don't see any problems getting there.

We need faster hardware when space becomes an issue in a month or two.

Sell Bitfuries, buy HashFasts.  Problem solved!
member
Activity: 67
Merit: 10
September 24, 2013, 11:37:17 PM
Yep, good to see that he is alive...
But would be greater to hear some really good news like reinvesting. Since bussines plan is no longer valid (now we have 600TH monthly increase instead worse case scenario 200TH) it would be nice to protect investors and put this mine to higher levels.

That is exactly what I wanna say.i think many investors have the same feeling.
Especially that is win-win situation. Tytus is a producer and a seller of this equipment. He may make profit twice. As a seller and as a shareholder of the mine. I think that Dave also would be happy to host that extra hashing power. Almost everything is already in place, it's just a matter to make a decision.
Bussiness plan predicted that competition will be lazy, it turns out that it will be VERY STRONG. Reinvesting in mine would be very helpful to stay on the surface...

+1
vip
Activity: 472
Merit: 250
September 24, 2013, 10:30:17 PM
Thanks for the update, Dave. Do you have any estimates on when we'll hit 100 and 200TH? I know you guys are working hard, but it's almost October and times a tickin'. I don't think investors would be as anxious if this was a reinvesting mine, but since it's a fixed rate mine, profits are fading fast and timing is of the essence....(we're up for another big difficulty jump in a few hours)

We are optimizing rigs now, which is slow, but gives the potential for at least 10 - 15TH across the mine.  Meanwhile 35TH in hardware is on the way - this should put us solidly above 100TH.  Getting to 200TH will draw on the gear in production.  We had a 1 week-ish delay due to Chinese New Year, but I expect by the time we are done getting the 35TH up & running, we'll start to see more gear showing up.

Don't forget I only ever built out for 100TH, which I overbuilt to handle about 125TH.  I'm scrambling to support an additional 75TH, but at this point I don't see any problems getting there.


hero member
Activity: 631
Merit: 500
September 24, 2013, 10:03:21 PM
Thanks for the update, Dave. Do you have any estimates on when we'll hit 100 and 200TH? I know you guys are working hard, but it's almost October and times a tickin'. I don't think investors would be as anxious if this was a reinvesting mine, but since it's a fixed rate mine, profits are fading fast and timing is of the essence....(we're up for another big difficulty jump in a few hours)
vip
Activity: 472
Merit: 250
September 24, 2013, 09:46:55 PM
new solo mining address: https://blockchain.info/address/12grZHgemTNU9nRQqT2cU4rzoeXE7t61au

still no coinbase identifier though. Dave, are you guys using eloipool? I think it's just a matter of settting CoinbasePrefix in merklemaker.py.

We did a little temporary config this weekend to get a better look at our block production.  When we send the coin generation direct to pico, it will show as 100TH.

While we are spinning up the first blocks and waiting for confirmations, there's been a delay getting coins flowing into pico again.  We should be pretty normalized by now.  Welcome to variance...

hero member
Activity: 631
Merit: 500
September 24, 2013, 05:50:52 PM
new solo mining address: https://blockchain.info/address/12grZHgemTNU9nRQqT2cU4rzoeXE7t61au

still no coinbase identifier though. Dave, are you guys using eloipool? I think it's just a matter of settting CoinbasePrefix in merklemaker.py.
legendary
Activity: 1029
Merit: 1000
September 24, 2013, 09:56:28 AM
Yep, good to see that he is alive...
But would be greater to hear some really good news like reinvesting. Since bussines plan is no longer valid (now we have 600TH monthly increase instead worse case scenario 200TH) it would be nice to protect investors and put this mine to higher levels.

That is exactly what I wanna say.i think many investors have the same feeling.
Especially that is win-win situation. Tytus is a producer and a seller of this equipment. He may make profit twice. As a seller and as a shareholder of the mine. I think that Dave also would be happy to host that extra hashing power. Almost everything is already in place, it's just a matter to make a decision.
Bussiness plan predicted that competition will be lazy, it turns out that it will be VERY STRONG. Reinvesting in mine would be very helpful to stay on the surface...
hero member
Activity: 843
Merit: 1001
September 24, 2013, 09:50:07 AM
Yep, good to see that he is alive...
But would be greater to hear some really good news like reinvesting. Since bussines plan is no longer valid (now we have 600TH monthly increase instead worse case scenario 200TH) it would be nice to protect investors and put this mine to higher levels.

That is exactly what I wanna say.i think many investors have the same feeling.
hero member
Activity: 574
Merit: 501
September 24, 2013, 09:35:21 AM
And why isn't the 100TH mine setting an identifier in their coinbase?
legendary
Activity: 1029
Merit: 1000
September 24, 2013, 09:28:42 AM
Yep, good to see that he is alive...
But would be greater to hear some really good news like reinvesting. Since bussines plan is no longer valid (now we have 600TH monthly increase instead worse case scenario 200TH) it would be nice to protect investors and put this mine to higher levels.
hero member
Activity: 843
Merit: 1001
September 24, 2013, 08:11:55 AM
Sorry for the silence ... I am too busy with hardware and software management ... We are changing to solo mining. We have 3rd-party local pool software. It can take few more hours to set it up properly. I assume, when west cost wakes up, we will finish the process by the end of the day.

We have still only ca. 70TH/s. We are waiting for new hardware to arrive. I am working on a page to monitor the work of all miners.

finally you show up. thanks for the hard work.
legendary
Activity: 1029
Merit: 1000
September 24, 2013, 05:35:47 AM
Finally new blocks are showing....
legendary
Activity: 1232
Merit: 1011
September 24, 2013, 04:49:51 AM
ah, yes, its a hot wallet, I forgot...

Smiley
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