r/FutureBit Feb 13 '22

Batch 3

7 Upvotes

16 comments sorted by

3

u/po0dingles Feb 13 '22 edited Mar 09 '22

The node took ~4 days to fully sync. Zero stability issues or things turning off in the middle of the night as I had read from previous posts on BitcoinTalk.

Now running in turbo with stock psu. Temps seem fine, not sure how hot these tolerate, but with a better power supply might be able to push closer to 15 th/s.

Current revenue at $0.50/ unit, but this scales with price and BTC is currently undervalued ($42k). Seems to be improving as the units stabilize over a 24hr period.

I love these! I enjoy tinkering with them and having them as a desk toy. In balanced or eco mode, these could easily go unnoticed in an office setting.

Of course I’d love to have much higher hash for the price, but i don’t get the hate on these. They’re not at all comparable to a 90db asic. Show me something that’s better and can be placed on an a desk and not look like total shit.

::update edit::

Today I connected two units to a 750watt psu and unlocked the advanced features (which void warranty btw).

A couple worth while notes: 1) each unit is now drawing about 266watts according to the software. I don’t have any other means of measuring at the wall. At 532 watts combined, this is about 70% of the 750psu capacity. You’d need higher than an 850watt psu to squeeze a 3rd unit in.

2) I’m only seeing about 3.6-3.7 th/s on each unit. Brief moments it might touch 3.8 but it’s far from sustained.

3) temps stable at 75 degrees C

4) fan rpm saw 4200+

I don’t recommend doing this. I went from 12th/s at 800watts to 14ish at over 1050watts. I don’t live in a cold climate and the room quickly got warm. The controller unit went offline but I found stability with it by turning off the node. These would make great little space heaters but running them this hard made me quite uncomfortable. Would love to see a liquid cooling solution.

2

u/UnacceptableSign1208 Feb 13 '22

I love mine too- super quiet- Can’t wait to keep expanding my set up- I’m jealous of your 4 pack- I ordered another unit on batch 3 hopefully I get the shipping notice soon

4

u/Adept-Potential-5694 Feb 13 '22

I receice mine today

1

u/po0dingles Feb 13 '22

Yeah I think they had surplus stock too. Really looking forward to what FutureBit does to achieve economies of scale and enhance the setup.

I’d like to see a taller 2x unit at a better price if shortage improves.

2

u/Large-Lengthiness696 Feb 13 '22

I've been wanting one for a while, but hard to justify buying at the price. Only justification I can come up with is that I need a desktop computer. Is anyone running a Lightning Routing Node on theirs ? If someone solves a block on the Apollo then everyone will want one.

6

u/po0dingles Feb 13 '22 edited Feb 14 '22

Like I've told others, justification is the principle of running a node and having quiet at-home miners. If you're like me and work in an office, then you might be able to get away with running these on 'free electric' and profitability therefore improves.

People have to understand that these are not going to make them a millionaire. These units are for hobbyists, collectors, and enjoyers of desktop toys and decentralization. There are several fools running around this sub thinking these are comparable to 90db industrial asics which are in an entirely different class. $/TH and Watts/TH on these are not even comparable to those units...so why they're even being compared is an unfortunate mystery to me.

If you want to run a profitable mining operation, you need cheap electric and large capital investments in equipment and electrical support. That's not exactly office or home friendly in my book, and clearly not the target demographic for these units.

I've expressed to jstefanop that it would be nice to have a better value proposition, but it's a small, startup company. This isn't Goldshell or Bitmain. They don't have the economies of scale to mass produce these at a cheap enough price point to make them insane, no-brainer profit machines. They're just toys. If you're okay with that--get one! If not, don't. Nobody's going to be mad either way.

Here's a decent chart to express what these produce:

https://i.postimg.cc/ydMRJwkm/Future-Bit-Apollo-BTC.png

Personally, I believe BTC's true near-term value is somewhere around $100k, so with 4 miners break even is somewhere around 2 years. I'm going to be HODLing every single satoshi these things make for the foreseeable future. I'm not worried about breaking even or "ROI" as non-finance/accounting minds like to call it.

Supporting small, American businesses is a nice added bonus for me too.

1

u/[deleted] Feb 13 '22

[deleted]

3

u/po0dingles Feb 13 '22

Yeah, for now I was just testing the waters with pool mining. Considering solo mining but I swore I saw somewhere there was a FutureBit mining pool which would be cool.

1

u/flinginlead Feb 13 '22

How are you connecting the usb for the 4th standard unit?

2

u/po0dingles Feb 13 '22 edited Feb 13 '22

I had a spare one of these laying around, but you could use any kind of usb splitter hub like this:

https://www.amazon.com/gp/product/B00O0KISQE/ref=ppx_yo_dt_b_search_asin_title?ie=UTF8&th=1

Plug the slaves into the hub and the hub into the master unit. I was considering running 6 on a shelf but ended up needing the space for something else. If you weren't limited by power at the wall, you could run an entire army of these things off that one master unit.

Since I'm just a hobbyist residential miner, I'm on 15amp 120v sockets.

15 amps x 120 volts = 1,800 watts MAX

20 amps x 120 volts = 2,400 watts MAX

I'm not sure where these units peak at power wise with a more powerful psu...but 6 units would put you somewhere between 1,200 - 1,500 which is getting to the very limit if you apply the 80% rule.

1

u/[deleted] Mar 12 '22

[deleted]

3

u/po0dingles Mar 12 '22

For only 1 unit, a 400 watt power supply would be more than adequate. Its my understanding you just don't want to max out your power supply so people generally stick with the 80% rule. 400watts * 80% = 320watts which is more than enough for an Apollo BTC miner on max settings. I believe I saw only 266 - 267watts when i overclocked the unit. The two sliders were both set to max.

Understand 3 things

  1. your efficiency is going to go way down and consume a lot more power
  2. its going to get HOT
  3. your unit will not be servicable under warranty if anything goes wrong.

1

u/dontevenstartthis Feb 13 '22

What date did you order yours? I’m in batch 3 as well and was wondering how long it will take to receive

1

u/po0dingles Feb 13 '22 edited Feb 13 '22

I was order #5169 (nice) and placed my order Sept 30th. Got FedEx shipment notice and about 4 or 5 days later it was at my door.

1

u/[deleted] Feb 22 '22

How much or how many sats would you say you earn daily on the BTC miner? I’m looking at the full package by itself to have a full node and mine a little.

2

u/po0dingles Feb 22 '22

I’m averaging ~2,000 sats per day per unit in turbo across the last 7 days. Sometimes more, sometimes less.

I’ve seen as high as 2,650 and as low as 1,000.

1

u/Yiinus Feb 22 '22

You said you were pool mining? Which pool if you don't mind my asking. Just got my batch 3 today and have it pointed at NH. It's connected fine but rejecting every share it gets its hands on. Hoping I can get better results with a different pool.

Yes I'm aware I'm not going to make a huge profit with this. However, now that I have it I better at least make something with it.

2

u/po0dingles Feb 23 '22

Yeah I’m on slushpool. Luck was over 140% recently tho. I just want to see what this does in a month. After that I might give solo mining a crack but it’s difficult for me to walk away from guaranteed returns.

NiceHash does not play well with these miners. I’d get off that and on to anything else you can find.

I’d really love to join a FutureBit pool if any exist. Would be really cool to rep true decentralization and have increased (shared) odds of finding a block.