Post
Topic
Board Hardware
Re: HashFast announces specs for new ASIC: 400GH/s
by
dan99
on 08/08/2013, 04:57:23 UTC
If you do the math on IceDrill shares, it comes out to about $14/Gh/s starting in November.

50 million shares at 0.0014btc each.
500Th/s worth of HashFast chips.

So, one share costs you $0.14, and gets you 10Mh/s, or $14 for 100 shares and 1Gh/s.

So, either HashFast is charging $14/Gh, or IceDrill is making a lot more profit off this deal then they're letting on. That's the problem with this NDA stuff, it makes it hard to evaluate various deals.

On the other hand Labcoin, which has their own chip, is offering ~520Th/s by December (Starting from 50Th in September). That comes out to about $3.50/Gh/s in December and about $36/Gh/s in September. Plus with labcoin you actually get a cut of the chip sales, instead of simply seeing the difficulty going up.

Interesting.  What I do know is that LabCoin uses 130nm and 65nm design versus HashFast's 28nm design.  So, basically LabCoin is working on first and second generation ASIC bitcoin miners while HashFast is already working on third generation.  It is possible long term LabCoin will not be able to compete with HashFast.  What this may mean is IceDrill may be able to upgrade and put more efficient 28nm units in faster while LabCoin will still be working on their 65nm design which will be rendered obsolete.

Timing and delivery time is important in this game. The faster the better. Labcoin has already done the tape out for the 130nm asic chip and now working on the 65nm tape out which they say should be this very month. Their vehicles may not have the luxury compares to a Chrysler 300 or Chevrolet Corvette Z06, but hey theirs can also get you from point A to point B.