What the heck just happened to the hashrate? - page 2.

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: samsonn25 on January 31, 2014, 11:55:38 PM

Sold my AM Cubes (they were using 430 watts OC) at 38GH for an antminer (380 watts stock) at 180 GH

besides it would take 6 cubes to equal one ANT!

Those cubes were funny. Trying to get the last bit of hashing "power" out of ancient technology.

samsonn25

hero member

Activity: 882

Merit: 1003

Sold my AM Cubes (they were using 430 watts OC) at 38GH for an antminer (380 watts stock) at 180 GH

besides it would take 6 cubes to equal one ANT!

lightfoot

legendary

Activity: 3164

Merit: 2258

I fix broken miners. And make holes in teeth :-)

Quote from: Nagle on January 31, 2014, 11:42:16 PM

I should have posted a link to the article when I posted that picture. I didn't think it would need explanation here.

Anyway, that's what happened to the hash rate - industrial sized Bitcoin mining plants. Profitable mining in your parents' basement is over.

*looks over at his Single/25 hashing at 50gh
*looks over at his 8 chip jalapenos hashing at 30gh each.

Really? News to me.

C

Nagle

legendary

Activity: 1204

Merit: 1002

I should have posted a link to the article when I posted that picture. I didn't think it would need explanation here.

Anyway, that's what happened to the hash rate - industrial sized Bitcoin mining plants. Profitable mining in your parents' basement is over.

lightfoot

legendary

Activity: 3164

Merit: 2258

I fix broken miners. And make holes in teeth :-)

Yep, the guys should dunk GPUs in the tanks and mine CATCOIN!

C

phazon307

full member

Activity: 140

Merit: 100

Don't fear Crypto Exchanges go with honest well kn

That's why you mine betacoin trust me

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: samsonn25 on January 31, 2014, 09:24:51 PM

Here ya go: http://money.cnn.com/gallery/technology/2013/12/17/bitcoin-mine/5.html

Cool thanks.

Just to point out though, AM built these things for their next-gen chips coming out in March:

https://bitcointalksearch.org/topic/annasicminer-publicly-looking-for-potential-customerspartners-for-new-chips-438359

Their current blades etc. are terribly power inefficient.

samsonn25

hero member

Activity: 882

Merit: 1003

Quote from: lightfoot on January 31, 2014, 09:29:33 PM

Technically speaking, the guy should start under-clocking his chips as difficulty grows. Power use skyrockets at a certain point on the hash/space timeline, I'm fully intending on slowing my super-clocked jalapenos and singles down in the spring (reduce heat) and in the summer (so I can run them on solar arrays).

AT which point his cooling rigs become a liability. Whatever, investors need places to waste money.

Agreed.

You are right. For example to overclock a Asicminer Cube 27% needs 50-55% more power. To OC Antminer s1 10% needs 20% more juice.

I guess because the lifespan of ASIC chips are so short 3-6 months it becomes old design and not as efficient trying to power the crap out of them in the short term is cheaper than Capital outlay for another chip which becomes a depreciated asset quickly.

lightfoot

legendary

Activity: 3164

Merit: 2258

I fix broken miners. And make holes in teeth :-)

Technically speaking, the guy should start under-clocking his chips as difficulty grows. Power use skyrockets at a certain point on the hash/space timeline, I'm fully intending on slowing my super-clocked jalapenos and singles down in the spring (reduce heat) and in the summer (so I can run them on solar arrays).

AT which point his cooling rigs become a liability. Whatever, investors need places to waste money.

samsonn25

hero member

Activity: 882

Merit: 1003

Here ya go: http://money.cnn.com/gallery/technology/2013/12/17/bitcoin-mine/5.html

samsonn25

hero member

Activity: 882

Merit: 1003

Quote from: empoweoqwj on January 31, 2014, 09:10:04 PM

Quote from: samsonn25 on January 31, 2014, 11:04:15 AM

The owner said it in an interview. Not in this article, another one. Thats not even alot, 500 Gen 1 Avalons would pull an electricity bill like that.

Which article is that where he quotes the electric bill? Love to see it. I follow FC very closely and have not seen this interview.

Will try to look.

Do you think tens of thousands of liquid cooled asic chips probably running OC'd should have a lower monthly electricity bill? Not so if they can mine 20-30 BTC a day.

lightfoot

legendary

Activity: 3164

Merit: 2258

I fix broken miners. And make holes in teeth :-)

Quote from: Nagle on January 28, 2014, 04:46:03 PM

This happened.

That's a custom-built Bitcoin mining facility in Hong Kong, with tens of thousand of liquid-cooled ASIC chips.

Dumbest. Idea. Ever. Like taking a Porsche and encasing it in concrete.

As for the jump? That's just me adding chips to Jalapenos. Sorry for the confusion :-)

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: samsonn25 on January 31, 2014, 11:04:15 AM

The owner said it in an interview. Not in this article, another one. Thats not even alot, 500 Gen 1 Avalons would pull an electricity bill like that.

Which article is that where he quotes the electric bill? Love to see it. I follow FC very closely and have not seen this interview.

samsonn25

hero member

Activity: 882

Merit: 1003

The owner said it in an interview. Not in this article, another one. Thats not even alot, 500 Gen 1 Avalons would pull an electricity bill like that.

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: samsonn25 on January 31, 2014, 09:51:44 AM

Quote from: Operatr on January 29, 2014, 07:40:36 PM

Quote from: empoweoqwj on January 29, 2014, 12:57:50 AM

Quote from: Nagle on January 28, 2014, 04:46:03 PM

This happened.

That's a custom-built Bitcoin mining facility in Hong Kong, with tens of thousand of liquid-cooled ASIC chips.

If only that were true. ASICMINER hasn't even done a tapeout of their new chips yet.

They already deployed this using V2 Blades...

This the one using the 3m liquid emersion cooling? Electric bill is still like 50k a month

And you know that how? Or just plucking figures out of the air?

samsonn25

hero member

Activity: 882

Merit: 1003

Quote from: Operatr on January 29, 2014, 07:40:36 PM

Quote from: empoweoqwj on January 29, 2014, 12:57:50 AM

Quote from: Nagle on January 28, 2014, 04:46:03 PM

This happened.

That's a custom-built Bitcoin mining facility in Hong Kong, with tens of thousand of liquid-cooled ASIC chips.

If only that were true. ASICMINER hasn't even done a tapeout of their new chips yet.

They already deployed this using V2 Blades...

This the one using the 3m liquid emersion cooling? Electric bill is still like 50k a month

samsonn25

hero member

Activity: 882

Merit: 1003

Quote from: iglasses on January 26, 2014, 12:48:23 AM

Pre ordered miners that the buyers will not see for months are in 'testing' mode.

aka Avalon

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: Operatr on January 29, 2014, 07:40:36 PM

Quote from: empoweoqwj on January 29, 2014, 12:57:50 AM

Quote from: Nagle on January 28, 2014, 04:46:03 PM

This happened.

That's a custom-built Bitcoin mining facility in Hong Kong, with tens of thousand of liquid-cooled ASIC chips.

If only that were true. ASICMINER hasn't even done a tapeout of their new chips yet.

They already deployed this using V2 Blades...

And how much hashrate does that produce. Get real...... they only solve a few blocks a day at the moment.

wpgdeez

hero member

Activity: 728

Merit: 500

its just you. Its about to explode after the Chinese new year.

mcleo

member

Activity: 77

Merit: 10

Is it just me, or is the hashrate starting to stagnate a little bit?

Topic: What the heck just happened to the hashrate? - page 2. (Read 5533 times)