I'll say what Hash Fast is unwilling to say: if you didn't purchase a miner protection plan, you are fucked. Kiss your BTC goodbye. I'm so happy I ordered before they came out with the MPP.......
Getting fucked by another ASIC manufacturer, what a surprise.
Well the delay is mostly on Batch 1. Batch 1 was all MPP. Later batches had an option of MPP or not but they are unlikely to face as long of a delay.
Really!!? So maybe I am covered under the MPP... I'm not entirely sure what batch I ordered in, Ill have to look into it. I don't remember there being the option of a MPP when I ordered though. Thanks for the heads up.
Yeah there was no option, all Batch 1 orders had MPP (remember it was a higher price so you can consider it included in the price). If you can find your invoice you can lookup the order number here: https://hashfast.com/order-chain/
Looking at the shop it seems they removed any trace of the MPP for new orders.
CoinHoarder: if you ordered up to mid september, you should automatically have the MPP. After that it was a choice that I believe you *had* to make when you purchased something. I don't know since when they removed the MPP all together.
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Re: HashFast announces specs for new ASIC: 400GH/s
The Updated Order Chain for Batch 1 Baby Jets, Batch 1 Baby Jets Backorders, and Baby Jet Upgrade Kits are now available on our site. Batch 2 Order Chain coming soon!
I'm sure you're already aware of it, but the upgrade kit order chain looks like this for me:
Order ID
Date
Time
No. Baby Jets
Total Sold
Complete
9/24/2013
1:33:00
U1944
1
Complete
9/24/2013
2:00:00
U1947
2
Complete
9/24/2013
2:00:00
U1948
1
From that I guess the No. Baby Jets column is actually the Order ID and the Total Sold column is the No. Upgrade Kits
Is there any reason why KNC would keep the volume of pre-sales secret? I mean, I'm not interested in their profit, but I'm interested in the projected hashing power they will bring to the network.
I would imagine all the ASIC vendors not to give out their sales figures to the world unless they were a public company under legislation to report such things. It would help their competition do a SWOT analysis.
Well, HashFast makes their order chain public. Though they don't do a real good job of keeping it up to date.
are you trying to imply that with a steady network HR the reduced variance of pooled mining will yield you more BTC than solo mining?
I like what you have been doing so far (in fact, you have been a reason for my BJ order). But assuming a steady network HR... Who are you and what did you do to cypherdoc?
Anyway, a 100 BJ are mining solo should indeed get more BTC than 100 BJ mining for a pool. However, most people have just 1 BJ and after taking a gamble on BTC in general and HF specifically don't also want to gamble on the roulette table know as block finding. People like me who rather have 12.25 BTC than 50% chance of 25 BTC.
clearly i specifically stated "steady" network HR to make it unquestionable that the expected yield from pooled vs solo mining would be the same given an equal orphan rate and no fees from pools. in a rising HR environment, which is what we have now, it's not as clear. still, given this environment, my personal experience soloing has worked better for me than pooling.
You're right, I totally read your post wrong.
But to answer your original question: Yes even with a steady network HR, the reduced variance of pooled mining can yield more BTC than solo mining for a long while. I have too little knowledge about probabilities, but I wouldn't be surprised if there's a greater than 10% chance pooled mining will yield more than solo mining over a year with a single BJ.
In your case you ordered 8 BJ's (right?) so you are closer to having a private 'pool' than most of us. I can't explain your current ownage of pools though. My best bet would be luck, but I don't know how much latency and downtime will affect the results.
And in the end using a pool also gives ease of mind and stability. Both which can be valued higher than more profit. After all T-Bonds still get bought, even though they have a negative inflation adjusted return.
are you trying to imply that with a steady network HR the reduced variance of pooled mining will yield you more BTC than solo mining?
I like what you have been doing so far (in fact, you have been a reason for my BJ order). But assuming a steady network HR... Who are you and what did you do to cypherdoc?
Anyway, a 100 BJ are mining solo should indeed get more BTC than 100 BJ mining for a pool. However, most people have just 1 BJ and after taking a gamble on BTC in general and HF specifically don't also want to gamble on the roulette table know as block finding. People like me who rather have 12.25 BTC than 50% chance of 25 BTC.
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Re: HashFast announces specs for new ASIC: 400GH/s
by
sobani
on 24/09/2013, 08:01:49 UTC
Hmm, reading the bet again: "as little as 10% of current-generation ASICs" is marketing speak for "10% (rounded down) of the least efficient ASIC you might have been able to buy on the day we wrote this" "Current-generation ASICs is defined as 1W for 1Ghash" is the bet maker only considering the most efficient ASIC he could find: Bitfury @ 0.9 J/GH Then proceed to take 10% of 1 J/GH times 400 GH and you get 40W.
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Re: HashFast announces specs for new ASIC: 400GH/s
Did the creator of this bet just make up something impossible to ensure Hashfast can't win?!?
It's not about HashFash winning, it's about the one who made the bet winning. So maybe it wasn't a typo and he bets on people not reading carefully enough and them thinking "sure they'll do better than 400W for 400GH/s" and bet against him. I'm not sure how strict these bets are judged.
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Re: HashFast announces specs for new ASIC: 400GH/s
For the next 3 days, prices have been slashed on Baby Jets and Sierras. Now is the time to invest in additional rigs. Sale ends Monday at 11:59PM PST!
For those who already ordered a first batch Baby Jet, would it be possible to trade it for a Sierra on sale? How much extra would that cost for the device (beyond the $400 difference) and shipping?
In regards to your questions below, we are unable to cancel your current order as we have already ordered the hardware that will be required to assemble your unit. What Simon mentioned, was an upgrade we are hoping to announce *very* shortly that is only for the Batch 1 Baby Jet customers. This will be for folks that wish to upgrade their system while keeping their current place in line and still 4 weeks ahead of the shipping of our Sierra's.
It seems to refer to the special promotion you mentioned in an earlier message. At least they didn't ask for 10% to trade the order.
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Re: HashFast announces specs for new ASIC: 400GH/s
For the next 3 days, prices have been slashed on Baby Jets and Sierras. Now is the time to invest in additional rigs. Sale ends Monday at 11:59PM PST!
For those who already ordered a first batch Baby Jet, would it be possible to trade it for a Sierra on sale? How much extra would that cost for the device (beyond the $400 difference) and shipping?
So in order for my Jupiter order to have been a smart (or lucky) decision, KNC will indeed need to over deliver on their promise, especially on the hash rate, in which case the lower GH/$ should compensate the higher J/GH.
Slightly OT but I really wonder how much the pool ops have pulled in over time. Like Slush for example, 2% of every block solved at that pool for years. It must be astounding.
Probably not nearly as much as you think. You have to factor in costs and I'm sure server expenses are significant.
How many blocks does Slush's Pool find per day, 12-15?
This is just a wild guess... 15x25x130x.02=$975 less expenses.
So maybe $500 per day. Not a bad job! But its not going to make anyone a millionaire overnight. Now BTCGuild, that's a different story.
In the last 24H 'we' found 18 blocks. So it's a bit more than that.
Still, taking your 500 a day * 365 days... that's some serious dough I'd think.
Wafers have to be cut in parts, tested and packaged (5 days or more). They have to customs/fly to sweden (3 days or more, if knc will not rent a charter plane). Then testing boards/software/production line update/packaging (5 days or more). Then shipping abroad (3 days or more).
That gives 1 october first delivery. It is very unlikely.
So, what will they be doing those 5 days between receiving the chips and shipping the first devices? drooling? What's holding them back from shipping the first devices they day they receive the chips? If they have a nice enough secretary they might even hand over the first devices to the guy that delivered the chips
Unless you mean 5 days to produce all the devices, in which case I would be very happy to receive my 61xx order that soon.
And I'm not sure how you get 3 days shipping, but even the least expensive option is 2 days shipping for me.
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BoardMining speculation
Re: Estimate of ASIC pre-orders (6,000 to 8,000 TH/s by end of 2013)
I don't read that news item as "890 orders will be day 1+2 deliveries". I read that as "The priority of the first 890 orders is based on order date and not pay date, like the rest of the orders will", so it might not be that bad.
Although looking at reference 6 (KnCMiner list of orders) though, I see day 2 deliveries all the way up to order 25xx, which could make the estimate of total KNC hashing power way more scary.
At once time PSU were pretty shitty with narrow "sweet spot" (40% to 60% of peak power) and horribly efficiency outside of that (<70%). Those days have been gone for a long time with most quality PSU having an almost flaw efficiency "curve" from 20% to 100%.
Yup, the Coolermaster V1000 I bought for my Jupiter has a graph on the back side with their claimed efficiency, which goes from 90% (100% load) to about 93% (50% load) to 92% (20% load) efficiency.
However, there is also a graph for the fan speed which goes from about 1200 RPM at 75% load to about 2300 RPM at 100% load. So there it might matter.
You know what I wanna see? An owners manual and CE certification. They have to have them in order to meet customs, right? Give us some owners manual pdf love, fellas!
If I read Wikipedia correctly, they can basically slap that marking on their device by themselves. Also they're targeting businesses, I don't know how much that impacts the need for certifications.
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Re: KnCMiner list of orders
by
sobani
on 07/09/2013, 21:29:29 UTC
61xx - 1 Jupiter Date: 2013 August 21 To: the Netherlands