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Topic: Whose ASIC will ship first? (Read 4057 times)

hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
October 03, 2012, 03:17:06 PM
#23
whichever company has produced the asic first would be stupid not to wait with shipping until another company has finished it's asic.
mining in the meantime will make a fortune...
So company A creates ASICs, and starts mining on them. The difficulty triples (at least), and the entire network hates them. Company B comes out with an ASIC, and starts shipping, so Company A stops mining, and starts shipping?

I can guarantee you, no one would ever buy from Company A again, and there would be many returns.

Agreed. It's one thing to test out the hardware a bit here and there to make sure it meets specs, but if it turns out Company A was mining on the hardware to make some quick cash I'd be super pissed...mainly because they're now selling me a used product.

Even "testing ASICs a bit here and there" on the main net when product is not available to customers hurts existing GPU and FPGA miners - it directly takes away their profits under the pretense of "testing". There is testnet-in-a-box available, and any manufacturer testing on the main net is simply dishonest: it's not about testing, it's about taking away profits from miners.


member
Activity: 70
Merit: 10
October 03, 2012, 12:28:07 AM
#22
Has anyone seen any information on initial shipment quantities? Or how any of these companies will decide initial shipment sizes?
legendary
Activity: 1064
Merit: 1001
October 02, 2012, 11:51:54 AM
#21
Seems to be a hint to availability/function
Quote
BFGMiner is the one that works best so far, but I'm sure CGMiner will work just as well when the code is added.
From BFL_Josh

Good find, thanks for posting that.
legendary
Activity: 1064
Merit: 1001
October 02, 2012, 11:04:09 AM
#20
whichever company has produced the asic first would be stupid not to wait with shipping until another company has finished it's asic.
mining in the meantime will make a fortune...
So company A creates ASICs, and starts mining on them. The difficulty triples (at least), and the entire network hates them. Company B comes out with an ASIC, and starts shipping, so Company A stops mining, and starts shipping?

I can guarantee you, no one would ever buy from Company A again, and there would be many returns.

Agreed. It's one thing to test out the hardware a bit here and there to make sure it meets specs, but if it turns out Company A was mining on the hardware to make some quick cash I'd be super pissed...mainly because they're now selling me a used product.
legendary
Activity: 952
Merit: 1000
October 02, 2012, 10:51:00 AM
#19
whichever company has produced the asic first would be stupid not to wait with shipping until another company has finished it's asic.
mining in the meantime will make a fortune...
So company A creates ASICs, and starts mining on them. The difficulty triples (at least), and the entire network hates them. Company B comes out with an ASIC, and starts shipping, so Company A stops mining, and starts shipping?

I can guarantee you, no one would ever buy from Company A again, and there would be many returns.
legendary
Activity: 1600
Merit: 1014
October 02, 2012, 10:30:19 AM
#18
whichever company has produced the asic first would be stupid not to wait with shipping until another company has finished it's asic.
mining in the meantime will make a fortune...
legendary
Activity: 1064
Merit: 1001
October 01, 2012, 10:44:22 AM
#17
There is evidence these companies are in the process of create ASIC devices yes, but all of this evidence is based on speculation/statements. No one has seen any evidence of an actual prototype in their consumers or manufacturers hands. I think that is where the concern is coming from, since after all, how can you delivery early November if you don't even have a prototype out yet?

Agreed, and your statement was a bit more eloquent and to the point compared to mine Tongue
hero member
Activity: 540
Merit: 500
COINDER
October 01, 2012, 10:28:05 AM
#16
Well it is October and there is still no PROOF or whatever that there are ASIC..at all.. Huh

I can kind of see your side on this...there isn't any physical evidence of the device because no one on the forum is holding one in their hands. I get that.

But there is PLENTY of circumstantial evidence to show otherwise. 4-5 different companies creating and marketing their devices...tons of obvious test runs shown in the network hash fluxes...BFL showing pictures of what their devices will look like on their website...

Not to mention they've already sold past products that are still in use today, and they're giving you an opportunity to upgrade those products.

The evidence is there...all you need to do is look Smiley

There is evidence these companies are in the process of create ASIC devices yes, but all of this evidence is based on speculation/statements. No one has seen any evidence of an actual prototype in their consumers or manufacturers hands. I think that is where the concern is coming from, since after all, how can you delivery early November if you don't even have a prototype out yet?

+1
hero member
Activity: 540
Merit: 500
COINDER
October 01, 2012, 10:21:12 AM
#15
you're a retard, if there were no asics, then over 10 thousand people would sue the company and get their money back

Sue what then?? if all those 10 thousand people get there hands on a asic x 50gh they screw themselfs don,t you get it??
Just let me be the retard who will say ..i told u so.. thx
member
Activity: 112
Merit: 10
October 01, 2012, 10:14:43 AM
#14
Well it is October and there is still no PROOF or whatever that there are ASIC..at all.. Huh

I can kind of see your side on this...there isn't any physical evidence of the device because no one on the forum is holding one in their hands. I get that.

But there is PLENTY of circumstantial evidence to show otherwise. 4-5 different companies creating and marketing their devices...tons of obvious test runs shown in the network hash fluxes...BFL showing pictures of what their devices will look like on their website...

Not to mention they've already sold past products that are still in use today, and they're giving you an opportunity to upgrade those products.

The evidence is there...all you need to do is look Smiley

There is evidence these companies are in the process of create ASIC devices yes, but all of this evidence is based on speculation/statements. No one has seen any evidence of an actual prototype in their consumers or manufacturers hands. I think that is where the concern is coming from, since after all, how can you delivery early November if you don't even have a prototype out yet?
legendary
Activity: 1064
Merit: 1001
October 01, 2012, 10:08:38 AM
#13
Well it is October and there is still no PROOF or whatever that there are ASIC..at all.. Huh

I can kind of see your side on this...there isn't any physical evidence of the device because no one on the forum is holding one in their hands. I get that.

But there is PLENTY of circumstantial evidence to show otherwise. 4-5 different companies creating and marketing their devices...tons of obvious test runs shown in the network hash fluxes...BFL showing pictures of what their devices will look like on their website...

Not to mention they've already sold past products that are still in use today, and they're giving you an opportunity to upgrade those products.

The evidence is there...all you need to do is look Smiley
sr. member
Activity: 392
Merit: 250
October 01, 2012, 10:02:40 AM
#12
you're a retard, if there were no asics, then over 10 thousand people would sue the company and get their money back
hero member
Activity: 540
Merit: 500
COINDER
October 01, 2012, 09:46:00 AM
#11
Well it is October and there is still no PROOF or whatever that there are ASIC..at all.. Huh

The gpu,s were invented and created by a million dollar gaming industrie so thats for real, the fpga were there also before btcmining, i really hope for those pre-ordered they WILL get deliverd.. Shocked Shocked

So i say non will get deliverd first..



legendary
Activity: 1064
Merit: 1001
October 01, 2012, 09:25:54 AM
#10
BFL first announced an October shipment date, but has recently clarified to be "late October, early November". Everyone knows BFL's current shipping situation is a joke.

I voted BFL. Were they the first ones to start creating ASIC products all those months back? I can't remember if another company started first...

Either way, since they're advertising the November period, I suspect they'll probably be the first ones out of the gate in this race.
member
Activity: 112
Merit: 10
September 30, 2012, 10:33:43 PM
#9
Now we gotta add Avalon to this list.. although he's pretty clear that the first round won't be until Dec 31 ish, and "full run" by Feb 2013

I thought it was first run by end of Feb 2012? Where did you get Dec 31st?
sr. member
Activity: 285
Merit: 250
September 30, 2012, 10:31:14 PM
#8
BFL
legendary
Activity: 1600
Merit: 1014
September 28, 2012, 05:55:04 AM
#7
Now we gotta add Avalon to this list.. although he's pretty clear that the first round won't be until Dec 31 ish, and "full run" by Feb 2013

still I wouldn't wonder if they ship first - stranger things have happened
legendary
Activity: 2114
Merit: 1031
September 17, 2012, 09:47:17 PM
#6
Now we gotta add Avalon to this list.. although he's pretty clear that the first round won't be until Dec 31 ish, and "full run" by Feb 2013
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
September 08, 2012, 11:04:46 AM
#5
And don't forget the Deepbit Reclaimer ASIC. Unfortunately, info in Russian only for now.
legendary
Activity: 1778
Merit: 1008
September 04, 2012, 09:23:26 PM
#4
ASICMINER is supposed to be selling the hardware too. but yes, they do plan to mine on the first batch of chips themselves, both to refine the design of the PCB and software and such, and to repay investors faster, if i understand the situation correctly.

also, has openbit asic said anything around here in months? i'd assumed that was defunct.
legendary
Activity: 952
Merit: 1000
September 03, 2012, 08:25:36 PM
#3
don't forget ASICMINER on glbse

As far as I know, they do not actually sell ASIC products, am I right? They sell shares which will be paid back to you in BTC when they create the hardware (that the investors paid for) and mine on it themselves.
sr. member
Activity: 336
Merit: 250
September 03, 2012, 08:22:07 PM
#2
don't forget ASICMINER on glbse
legendary
Activity: 952
Merit: 1000
September 03, 2012, 08:17:48 PM
#1
So everyone knows about BFL's announcement for their upcoming ASIC products, called their SC line.

Now, BTCFPGA (now www.bitcoinasic.com) has announced their own ASIC, the bASIC.

BFL first announced an October shipment date, but has recently clarified to be "late October, early November". Everyone knows BFL's current shipping situation is a joke.

Tom, on the other hand, has always maintained much more consistent shipping practices, but is currently scheduled for a "November/December" ship time.

So, what do you think? Please do not flame either company. I'm sick of it Wink
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