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Biostar's BTC-24GH ASIC Board is Equal to 30 Radeon 7970s

By - Source: Biostar | B 19 comments

Biostar's new BTC-24GH board has a hashrate of 24 GH/s.

Biostar has announced a new motherboard, though we question the use of the word motherboard. The new board that Biostar has announced is the BTC-24GH which, as its name indicates, is a board built for mining bitcoins and features a performance level of 24 GH/s – equivalent to about 30 Radeon HD 7970 graphics cards. It is made using ASICs and works over a COM interface connected with a USB to COM dongle.

The board itself will consume about 130 W under full load, which is notably less than what 30 HD 7970s will consume. In fact, it is roughly 50 times less power. This might just make bitcoin mining brutally profitable again, though it is known that the more computational power that is available in the world, the harder it becomes to mine bitcoins.

The BTC-24GH boards can also be stacked with a recommended height of up to four boards, though the entire system can be expanded to an array of about 50 boards. Do the math, and you'll realize that's a staggering 1200 GH/s.

What will this cost? Well, that remains unknown; it also remains unknown how attractive it is to buy these units. That said, even if a single board costs the same as 30 HD 7970s, it is the significantly lower power consumption that will help you earn bitcoins. The company did indicate that the BTC-24GH boards are shipping immediately.

Hopefully, these boards will become popular enough to allow prices of graphics cards to settle a bit again...

Discuss
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  • -5 Hide
    brandonjclark , March 19, 2014 9:22 AM
    I really hope this works for them. If so, Biostar has my thanks and my next true mobo purchase.
  • 6 Hide
    CaptainTom , March 19, 2014 9:32 AM
    Graphics card prices are high because of Litecoins, which can not be mined with this board. Duh.
  • -3 Hide
    Lamontiego , March 19, 2014 9:36 AM
    I just bought CryoVenom R9 290 graphics card... because I couldn't wait for the price to dropped. Then, of course, they come out with this the day after I order it... the universe hates me.
  • -2 Hide
    qlum , March 19, 2014 9:46 AM
    I really wish that a better solution is made for light coins as that would be a big relief on the gpu prices.
  • 1 Hide
    meluvcookies , March 19, 2014 9:52 AM
    I hope this works purely for the sake of gamers who want to see gpus come back down in price
  • 0 Hide
    Devoteicon , March 19, 2014 10:22 AM
    But you can't game with these. Miners like to have their cake and eat it too.
  • 2 Hide
    CaedenV , March 19, 2014 10:47 AM
    I would really like to upgrade my GPU this summer... it would be nice if all of the miners would move to a platform like this so that we can see GPU prices correct down to where they ought to be.
  • 3 Hide
    InvalidError , March 19, 2014 11:13 AM
    Bitcoin has been dominated by ASIC miners for about two years already so this new Bitcoin-oriented board is unlikely to have that much of an effect on GPU mining - people who wanted ASIC miners for BTC already own one or more similar boards.

    For people doing Scrypt mining like Litecoin, that new board is completely useless and GPUs remain the most cost-effective off-the-shelf option.
  • 2 Hide
    shardey , March 19, 2014 12:08 PM
    This is for BTC.. No one who mines with a GPU mines BTC with it.Nvidia has maxwell performing well for mining efficiency. Lately, prices of r9 series have been seen at or almost near MSRP, you just have to keep looking on Newegg and other places constantly.
  • -2 Hide
    chaosgs , March 19, 2014 12:32 PM
    If I were AMD, i'd buy the rights to this and seal it shut. But in all honesty I hope it works and is cheap. Its about time a major corporation starts building these, Scam artist Butterfly labs is making a killing.But another thing to consider is why doesnt Biostar just make their own mining team with these? Should be more profitable.
  • 3 Hide
    fkr , March 19, 2014 12:43 PM
    first of all this board is crap, it is based of 1st gen asics chips and consumes 5x more power than current asics chips. second this is a daughter board not a motherboard.thirdly coinex got hacked again today and all ffunds are lost. CEO says they will pay back out of pocket again. this is the second time and he admits to covering other losses from hacks.fourth we will talk about the big increase in litecoin value. they are trending upward very quickly and are outpacing bitcoin by a margin. this is good becasue the new asics for litecoin are going to be released in july 2014.this all adds up to a quick normalization in the prices of GPU's. Instability in markets from a security standpoint are going to minimize the uptake of mining by amateurs. also with the new asics coming out we will see the influence of GPU mining drop of the face of the earth since they will not be able to hash at a sufficient rate.sadly I have no gaming ability right because I sold my CF 7870 tahiti le and twin frzr 7950 for a good profit. So these prices need to drop quick.
  • 2 Hide
    Anonymous1one , March 19, 2014 12:57 PM
    This is stupid, I just ordered a 600GH/s miner from BFL. I feel as though 600GH/s is nothing at the current difficulty. This equipment is old and outdated, I'll make more money with one 7970 mining scrypt... Not to mention 30...
  • 2 Hide
    cracklint , March 19, 2014 1:38 PM
    bitcoin is built on a house of cards , as soon as people's confidence is shaken and they loose their butts due to regulators, bitcoin heists, or other unforeseeable events, the whole thing will come tumbling down. Mantle willl be at least 2 years before it will mature, and directx is planning on "closer to the metal"programmability and optimizations as well. I bought my r9 280x for 295.00 with shop runner and 5 % promo code from newegg before the prices soared. It was a great deall compared to the 770 that was 60 bucks more. At current prices I see no benefit in buying Amd for gaming for any card that is artificially inflated for mining.
  • 3 Hide
    InvalidError , March 19, 2014 2:03 PM
    Quote:
    But another thing to consider is why doesnt Biostar just make their own mining team with these? Should be more profitable.

    Selling hardware = guaranteed immediate profit regardless of what happens to the crypto-currency later and the cost curve.
    Running your own farm = hypothetical future profit with the risk of currencies crashing before you get a chance to cash out of the crypto-mining business.

    This is a lot like court battles: only lawyers are guaranteed to win no matter which way things pan out in the long run.
  • 1 Hide
    c4v3man , March 19, 2014 2:38 PM
    24GH out of 130Watts is atrocious. Antminer S1 (which is old by now) is 200GH for around 500Watts or so... The Antminer S2 (just now coming out) is 1TH (1000GH) for 1000Watts.
  • 0 Hide
    Machinegun Kelly , March 19, 2014 3:58 PM
    I don't understand why AMD just doesn't release a line of cards specifically geared towards mining. They are already top dogs in the OEM GPU world for this niche, why not rebrand their flagships with a couple tweaks for performence, oversized cooling options? This would relieve the price gouging from 3rd party resellers and allow them to cater specifically for another market.
  • 2 Hide
    InvalidError , March 19, 2014 4:33 PM
    Quote:
    I don't understand why AMD just doesn't release a line of cards specifically geared towards mining. They are already top dogs in the OEM GPU world for this niche, why not rebrand their flagships with a couple tweaks for performence, oversized cooling options? This would relieve the price gouging from 3rd party resellers and allow them to cater specifically for another market.

    How would that help? If AMD's board partners sell premium-priced mining models, miners who do not want to pay that premium will stick to standard versions of those cards and board partners end up with marginally marketable premium parts. On the other hand, if the premium mining version's supply does not meet demand, miners will also fall back to standard edition boards.

    In either case, gaming-bound cards still end up in every bit as much of a short supply as they already were.
  • 1 Hide
    Steveymoo , March 20, 2014 7:32 AM
    Lots of uninformed hatred in the comments section here. FYI, ASIC boards are used for Bitcoin mining. AMD GPUs are used for most other altcoin mining (litecoin, dogecoin, worldcoin etc.) This board will not affect the price of GPUs, as there are currently no ASICs for altcoin currencies. So calm your t*ts.
  • 1 Hide
    fkr , March 20, 2014 10:12 PM
    Quote:
    Lots of uninformed hatred in the comments section here. FYI, ASIC boards are used for Bitcoin mining. AMD GPUs are used for most other altcoin mining (litecoin, dogecoin, worldcoin etc.) This board will not affect the price of GPUs, as there are currently no ASICs for altcoin currencies. So calm your t*ts.


    If you read my post the first asics chips for litecoin mining were already shipped and the second batch is due out in july. So put on y our pushup bra, jk lol