Bitfury Begins Shipping 400 GH/s Bitcoin Miners to US and EU Customers

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Bitfury’s resellers have begun shipping their 400 GH/s “Full Kits” to customers. After initial accounts of prototypes successfully mining on August 2nd, full production units are now ready. Over the last year Bitfury, a Russian ASIC bitcoin mining manufacturer, has been quietly developing a 55nm ASIC chip that runs around 3 GH/s. Bitfury sold bulk quantities of chips to US and EU distributors who partnered with “100 TH/s”, a publicly traded mining company, to develop fully functional units. The ASIC chips must be set in printed circuit boards (PCB) and are controlled using a Raspberry Pi.

Bitfury’s 400 GH/s next to Butterfly Lab’s 60 GH/s Miner. Taken by Leo.

The first batch of sales were initially projected to arrive at the end of August and commanded a significant premium over October deliveries. Full kits consist of a master board (“M board”) and 16 hashing boards (“H boards”) that plug into the master board. Additionally, the controlling Raspberry Pi and an ATX power supply are included in the Full Kit. Starter Kits include everything listed above but only 1 “H board”.

The boards and chips were manufactured in China before being distributed to Bitfury who resells through Metabank in Russia, MegaBigPower for the US region, or Bifury Strikes Back for the EU region. Russia was the first to receive chips and begin mining, and have gradually adding hashing power before passing 130 TH/s this weekend in the Bifury mining pool GHash.io.

Russian chips used their own proprietary boards, while the US/EU customers received boards developed in conjunction with 100 TH/s (which has now become 200 TH/s). This public company has a deal to receive 200 TH/s of the early production Bitfury chips, and has already begun receiving dividends from test units. Dave Carlson, in charge of US region sales, reported that around 200 Full Kits were sold for both the August and October deliveries, with August representing about 50 units or 20 TH/s.

Bitfury will clearly have a large impact on the network, but the full amount has not been disclosed. Over 400 TH/s are likely from their pre-assembled units over the next two months, but it is likely that any large-scale orders would be through their bulk chip orders. Bitfury sold lots of 3,000 chips (around 9 TH/s total) for $330,000 on August deliveries and $60,000 on October deliveries. Amid Avalon’s two-month delays with few pre-orders arriving out of the 800,000 chip backlog, Bitfury could emerge as the dominant ASIC mining chip manufacturer until companies like KNC, HashFast and CoinTerra release their 28nm at the end of this year.

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About the author  ⁄ Phillip Archer

14 Comments

  • Reply
    Bargraphics
    September 2, 2013

    Any reason why you left out KnCMiner even though they are planning to ship out 2 months ahead of Hashfast and 4 Months ahead of Cointerra – with 28nm ASICs I might add?

    • Reply
      Phillip Archer Author
      September 2, 2013

      It wasn’t intentional, I added them to the last sentence as well. I was more implying that they were the companies expecting to deliver at the end of the year.

      • Reply
        Bargraphics
        September 3, 2013

        Thank you

    • Reply
      BarGraphlcs
      September 2, 2013

      KnC. Bitcoin’s new BFL!

  • Reply
    Gio
    September 2, 2013

    What is depressing is that all this power at the moment is used for nothing. I mean, sure it is useful to safeguard the BTC network but is also very much wasted as there’s no need for such a massive invasion of single-task electronic devices.
    Also, nobody seem to ponder the environmental disaster that this race is causing.
    At the moment, this seems to me the true dark side of BTC.

    • Reply
      digi
      September 3, 2013

      Bitcoin creates substantially less waste then any alternative system. Not that this has anything to do with the article. Before you start worrying about the fact that bitcoin does consume some tangible amount of resources you should probably investigate how much any competitor does.

      • Reply
        Gio
        September 3, 2013

        >>fact that bitcoin does consume some tangible amount of resources

        That’s not what I am referring to. Resources are limited and that is surely a problem but when compared to the toxicity that both real mining for and the minerals themselves used to build the ASICS (but this is valid for any electronic equipment) we are facing a catastrophe…nothing to worry about, just pure reality. PCBs and brominated flame-retardants, heavy metals (especially lead, chromium, cadmium) just to name few. Toxic, non-biodegradable.

        True, BTC is not either the sole culprit nor is this its intrinsic fault (mining rules/incentives could be changed for instance). In fact is the ASIC boom the issue here.

        In the current monetary system, while the power consumption is pretty high in banking institutions, the hardware turnover necessary to the institutions itself is negligible if compared to where the ASICS boom is taking us.

        Please note that I’m not attacking BTC; indeed I am pretty fascinated by it. However, this silence about this important issue or those denial articles are a depressing sign of a community that needs some awakening.

        One thing that we love about BTC is that is a tool that could help us get out of this debt-system. Yet, when it comes to our planet, we only know we tend to ignore completely that its account has been in the red for some time now.

        Thank You!
        Gio

        • Reply
          Super
          September 3, 2013

          The only catastrophe here is you Gio. Such “environmental ideas” always come up, when there is s.o. making money and s.o. other is not. It is as simple as that. So keep calm Gio, because you are not the only looser on this planet. By the way: “Germany awake!” was one of the favorite slogans of Hitler’s Nazi-party. And its ideology linked our “debt-system” with the jews.

          • Gio
            September 4, 2013

            >>The only catastrophe here is you
            Thank You…nice of you. Even alluding I am a Nazi, wow!

            Is easy to name people when there are no arguments, right?

            I have simply proposed a point of view supported with links and data (below)

            >> Such “environmental ideas” always come up
            Pity the above are facts and you have a way to dismiss those maybe you should concentrate on that rather then judging people.

            Would you like to come with me and I can show you the reality of this “environmental ideas”?

            Take care,
            Gio

        • Reply
          notracerx
          September 5, 2013

          Geo. Please Shut the fuck up.

    • Reply
      peanut
      September 3, 2013

      Exactly, what environmental disaster is it causing?

  • Reply
    j03
    September 3, 2013

    Bitfury is waay too F’n expensive.

  • Reply
    Andy
    September 14, 2013

    >>Geo. Please shut the fuck up

    Notracerx..1, It’s a shame you dont even have enough respect or intelligence to spell Gio’s name correctly., 2, In a discussion about BTC mining I find it amusing that you, yourself must be a minor whether you mine BTC or not. Only an adolescent would write such an idiotic, disrespectful response to a valid point of view. Grow up.

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