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Using this calc, an estimation of 1.8% increase per day in diff., one 4.5 board will never break even lol
1.8% daily growth is not sustainable. IMHO
The only way to make profit, is to keep making even more powerfull boards for cheaper wtb 1 t/hash for 500 bux!
+1
Using this calc, an estimation of 1.8% increase per day in diff., one 4.5 board will never break even lol
1.8% daily growth is not sustainable. IMHO
Is my math (or something else) messed up here?
http://terrahash.com/hosting/ -> $50/month for DX Hosting.
DX w/10 blades = 128W * 10 = 1280W
Based on this electricity usage calculator...
http://www.electricity-usage.com/Electricity-Usage-Calculator.aspx?Device=TerraHash+DX+180+Ghps&Watts=1280&CostPerKWH=.05813&HoursPerDay=24
... it looks like unless I can get electricity for less than $0.05813/KWh, it is cheaper to have TerraHash host the hardware?
http://terrahash.com/hosting/ -> $50/month for DX Hosting.
DX w/10 blades = 128W * 10 = 1280W
Based on this electricity usage calculator...
http://www.electricity-usage.com/Electricity-Usage-Calculator.aspx?Device=TerraHash+DX+180+Ghps&Watts=1280&CostPerKWH=.05813&HoursPerDay=24
... it looks like unless I can get electricity for less than $0.05813/KWh, it is cheaper to have TerraHash host the hardware?
I pay $0.085/KWh in the midwest, so I have a hard time believing that Silicon Valley has cheaper rates, but what would I know.
Re: Klondike - 16 chip ASIC Open Source Board - Preliminary
So if Terrahash is starting to take orders tomorrow and you are no where near functional firmware and they expect chips in a less than a month, will they be able to deliver a functional product?
I'm answering this question with some information already posted instead of harassment.
If TH is helping the project with Firmware and Driver development, doesn't that already answer the question?
This need to quote old posts out of context as proof of someone's malfeasance is getting old. An comes off as putting words in BKK's mouth. Stop the manipulation and paranoia. As far as I am concerned TH is an asset to the project, and as only one hoop let to jump through regarding proof of chip order.
Re: Klondike - 16 chip ASIC Open Source Board - Preliminary
BkkCoins,
We have received Avalon sample chips. We did get about 10 K16 boards manufactured locally as well. We want to assemble one board to help with development and testing. We have resources here that can help push the project forward.
Can you upload the silk screen for the components (those nice little labels that indicate which component is to be placed where on the board)? And if possible XY data that can be fed to an SMT machine?
Wow. This is news to me. And frankly it terrifies me that so much has been invested in my design when I haven't even been able to verify it. However, I'm not going to stand in the way despite the feeling that control is being wrestled away. We have received Avalon sample chips. We did get about 10 K16 boards manufactured locally as well. We want to assemble one board to help with development and testing. We have resources here that can help push the project forward.
Can you upload the silk screen for the components (those nice little labels that indicate which component is to be placed where on the board)? And if possible XY data that can be fed to an SMT machine?
I'm ready to release everything I have along with a proper open source license but first I would need two things - 1. A public commitment that any info derived from testing/debugging will be submitted back quickly so that everyone has access in a timely fashion. 2. A disclosure regarding any independent firmware and driver development and whether you plan to use proprietary code to enter the market first.
The lack of past communication makes me concerned that your main goal is to gaining competitive advantage, and that my materials will be used towards shutting everyone else committed to assembling units, and who have been communicating with me daily, out of the market.
Foul! out of context! keep reading........
Re: Klondike - 16 chip ASIC Open Source Board - Preliminary
So if Terrahash is starting to take orders tomorrow and you are no where near functional firmware and they expect chips in a less than a month, will they be able to deliver a functional product?
Cuz of course nothing can happen on this "open source" project without Bkk's sole approval, all hail BKK!
Ok. so as in regards to pricing:
I am assuming that when they laid out their initial pricing the bitcoin price was about $150 USD, now that they have watched the price per BTC slide as we have been salivating over the increasing deal, they have been worried. so I am confident that the switch from BTC to USD was a financial one. With that said I am sure TH paid more in dollars for their first order of chips than they will for their second order. So when we calculate their cost of materials one must use the cost of the chips at the time of order not the cost today.
I for one will be using BTC for the 5% tomorrow.
I am assuming that when they laid out their initial pricing the bitcoin price was about $150 USD, now that they have watched the price per BTC slide as we have been salivating over the increasing deal, they have been worried. so I am confident that the switch from BTC to USD was a financial one. With that said I am sure TH paid more in dollars for their first order of chips than they will for their second order. So when we calculate their cost of materials one must use the cost of the chips at the time of order not the cost today.
I for one will be using BTC for the 5% tomorrow.
What newmars was saying is that TH is based out of the Bay area of Cali.
The ebay auction is from Portland, and doubtful to be terrahash's listing.
The ebay auction is from Portland, and doubtful to be terrahash's listing.
The final design has not been finalized by the community designer, and there is no software (to my knowledge) which will run the unit right now.
I have a problem with "the community designer", seems like an oxymoron, but what would I know. And the fact that TH will be the first to send back test data to BKK (the community designer per se) means, they can be included in said "community"
Re: Klondike - 16 chip ASIC Open Source Board - Preliminary
Hey Bkkcoins,
Just so you know who/what you are dealing with regarding Terrahash.
I hate to see people's hard work being taken advantage of.
http://www.ebay.com/itm/TerraHash-ASIC-Bitcoin-Miner-4-5GH-sec-Preorder-like-BFL-bitforce-/140997880557?pt=LH_DefaultDomain_0&hash=item20d420eaed
Just so you know who/what you are dealing with regarding Terrahash.
I hate to see people's hard work being taken advantage of.
http://www.ebay.com/itm/TerraHash-ASIC-Bitcoin-Miner-4-5GH-sec-Preorder-like-BFL-bitforce-/140997880557?pt=LH_DefaultDomain_0&hash=item20d420eaed
Hold up there Scary, now you are blurring lines. You just call a poster out about his attempt to sell hardware that he does not have and now it looks like you are blaming that on TH. So which is it?
Another consideration: if the low-sized ASICs owners are put out of business in the coming months, what about the GPUs owners?
Will the bitcoin network be managed only by people with big ASIC equipments?
Will the bitcoin network be managed only by people with big ASIC equipments?
I think that the network will depend heavily on the small ASIC users. Because if you are running a "farm" you must turn over your BTC to pay for power. But if the price drops, and it will, farms will fail leaving only the populace to run the network at a small loss like any other household appliance. So the more small ASIC devices are out there the better the network will be.
Re: Klondike - 16 chip ASIC Open Source Board - Preliminary
This might be a weird question but whatever. On the k1 miner board photos you linked, is that the official klondike miner logo that is on the boards? If so can you link me to an image of the logo itself? I am wanting to customize my cases a bit.
Thanks in advance
It is the logo but I'm not sure I'd call it official. I just found it on google images and decided it was fitting and it'd be nice for a graphic on the board. There could be someone out there who's going to be stompin mad I used their pickaxe and shovel graphic. So if a talented graphic designer here wants to make up a similar or even different and better one that can be released as CC licensed I'd be open to that.Thanks in advance
For the time being I'll see if I can dig up the image and put it up on github.
(... done)
How bout a pick axe mining away on the open source symbol?
Buy ONE USB Block Erupter to help keep the network distributed and secure, use the rest of your funds to buy bitcoin.
this is actually a pretty good idea for the OP and all of us in the big picture.
+1
Those that mine must turn over enough to pay for the watts to create them, thus there is a need for someone to buy those coins. Gold miners cant eat gold, and if no one is buying no one is mining.
Everyone should have to take an intro economics class before they are allowed to post here, lol.
+1
Does anyone thing about what will happen when the price drops, and all the mining farms (asic or otherwise) have to shut down?
The USD price doesn't appear yet 
I don't know about you but if I were them, I'd be piecing together a board for testing if I had gotten chips and a pcb in hand. I know that he was asking BKK about specific parts and what was available in quantity. Since they will be the first proxy testing for BKK's design, they have pledged to share all data with him to speed the completion of the project. The sooner the Klondike board is finished the sooner we can all hash with it.
So how many here are on the short list for Tuesday?
I figure: 10,000 chips divided by 16 per K16 Board, is 625 small boards or 156 large boards.
We don't yet know the USD they are will be asking but we should assume at least 100% mark-up on the chip price (so as to be able to buy twice as many chips) plus the cost of the board and MOB, plus the operating costs of their SMT line, plus paying themselves. So maybe the wiser here can throw some more numbers at this and come up with a guesstimate of what they need to ask for their products.
I wonder if there will be/should be a maximum # per customer per round? It would keep in the spirit of "decentralized" and "P2P" I think. I am sure that there are many here with the funds ready to buy out the lot, I would hate to see that happen. I mean we are talking about 2,820Gh/s lets not lose sight of the responsibility of such power. That is almost 2% of today's network speed.
I figure: 10,000 chips divided by 16 per K16 Board, is 625 small boards or 156 large boards.
We don't yet know the USD they are will be asking but we should assume at least 100% mark-up on the chip price (so as to be able to buy twice as many chips) plus the cost of the board and MOB, plus the operating costs of their SMT line, plus paying themselves. So maybe the wiser here can throw some more numbers at this and come up with a guesstimate of what they need to ask for their products.
I wonder if there will be/should be a maximum # per customer per round? It would keep in the spirit of "decentralized" and "P2P" I think. I am sure that there are many here with the funds ready to buy out the lot, I would hate to see that happen. I mean we are talking about 2,820Gh/s lets not lose sight of the responsibility of such power. That is almost 2% of today's network speed.
I see your view, but people could already do massive purchases of ASIC's that are in people's hands (with enough money) and GPU's to take a significant portion of the hash rate as it is.
It seems like your post is implying that there should be a maximum of these chips each person can buy?
Not really, I guess the point i was trying to make is: it makes no difference to TH whether they sell 12 boards to 100 people or 100 boards to 12 people, either way they will be selling. But to you or I there is a big difference in what they choose to do. Maybe you have 10k laying around but I dont, nor would I have the resources to power a farm, but keeping in the spirit of the idea of BitCoin is what I was suggesting. But they will do what they wish.
There is nothing in this thread about board design.
...if and when BFL starts releasing documentation.So how many here are on the short list for Tuesday?
I figure: 10,000 chips divided by 16 per K16 Board, is 625 small boards or 156 large boards.
We don't yet know the USD they are will be asking but we should assume at least 100% mark-up on the chip price (so as to be able to buy twice as many chips) plus the cost of the board and MOB, plus the operating costs of their SMT line, plus paying themselves. So maybe the wiser here can throw some more numbers at this and come up with a guesstimate of what they need to ask for their products.
I wonder if there will be/should be a maximum # per customer per round? It would keep in the spirit of "decentralized" and "P2P" I think. I am sure that there are many here with the funds ready to buy out the lot, I would hate to see that happen. I mean we are talking about 2,820Gh/s lets not lose sight of the responsibility of such power. That is almost 2% of today's network speed.
I figure: 10,000 chips divided by 16 per K16 Board, is 625 small boards or 156 large boards.
We don't yet know the USD they are will be asking but we should assume at least 100% mark-up on the chip price (so as to be able to buy twice as many chips) plus the cost of the board and MOB, plus the operating costs of their SMT line, plus paying themselves. So maybe the wiser here can throw some more numbers at this and come up with a guesstimate of what they need to ask for their products.
I wonder if there will be/should be a maximum # per customer per round? It would keep in the spirit of "decentralized" and "P2P" I think. I am sure that there are many here with the funds ready to buy out the lot, I would hate to see that happen. I mean we are talking about 2,820Gh/s lets not lose sight of the responsibility of such power. That is almost 2% of today's network speed.