Post
Topic
Board Hardware
Re: HashFast announces specs for new ASIC: 400GH/s
by
crumbs
on 11/09/2013, 12:40:01 UTC
Can you correct your math?

You write "Second Batch Sierra - With Miner Protection Program™ - as low as $2.33/Gh/s!" which obviously should be $14000 / 1200 Gh/s = $11.67/Gh/s.

The 2.33$ is meant to kick in with the Miner Protection Program, when you get a couple more Gh/s for your order.

I see. $14000/(1200 Gh/s * 5) = $2.33/Gh/s. The page should attempt to make it less confusing.

But the MPP only gets you additional chips, not actual hashing power until you fork out more $$$ (how much more?) to get a bare rig to put the chips in.
So even if the full MPP kicks in, you'll never reach $2.33/Gh/s.

You're right.  For $2.33/GH/s to be a reality, they would have to also provide all the supporting circuitry, power supplies, cooling solutions, cases etc. etc., which they do not.
The price is also deceptive since the hashrate will only become available 3 month after you receive your gear.  Anyone keeping an eye on mining understands that hashrate today is worth *a bit more* than hashrate 3 months in the future Cheesy