Updates from Obelisk View this email in your browser Obelisk Updates Dear Obelisk Customers,



We have several updates to share about Batch 1 production, firmware, Batch 2, and more!



Batch 1 Shipping

We have so far shipped more than 1/4 of all Batch 1 units, including all Week 1 orders. The production ramp-up has been slower than expected, largely due to the slower glue-based process used to attach heatsinks (original plan was to use tape, but we were seeing 30% error rates). We currently have over 50 people working across two shifts to assemble and ship all Batch 1 units. We are currently shipping over 200 units per day, and are working to increase that to 350+ by end of this week.



At our current pace, we expect all Batch 1 customers to receive their orders by end of the month.



Though the glue-based process is taking more time, it's been very effective – we have only had to send replacement heatsinks to one customer, who was able to quickly make the repair without needing to return his unit for service.



Batch 2 ramp-up will be far smoother, as we will be using a single large heatsink instead of individual heatsinks on each chip.

User Guide

We've been hard at work building the user guide, which you can find here. We recommend you follow the user guide as you unbox and configure your unit for the first time. We will continue to update and improve the guide as we receive customer feedback and release firmware updates.

Firmware

We are planning to release a firmware update this week, which will include the following: 10-20% higher hashrates for SC1

CGMiner no longer restarts every 30 min

Fan speed automatically adjusts to maintain optimal temperature

MAC address no longer changes

Button now works for IP reporting via the new Obelisk Scanner tool

Holding the button for 10 seconds will now reset user configuration settings

Alongside Luxor and Siamining for SC1, we now support f2pool, toastpool, and fluxpool

And more! Our team is already hard at work on the next firmware update, which we expect will again increase hashrates (we will specifically focus on DCR1). We will notify you via email any time a firmware update is released.



Obelisk Scanner

Alongside the first firmware update, we will also be releasing our IP scanning tool. This will enable you to either use the button on your unit for IP reporting, or to simply scan your network and automatically return the IP addresses of your Obelisk miners. We will be releasing Obelisk Scanner for Windows, Mac, and Linux.

Batches 2-5

Customers that ordered units in Batches 2-5 will be receiving an updated design, which we call the SC1 and DCR1 slim. The slim units will measure roughly 3" wide by 14" long by 8" tall, and use 4x 60mm fans instead of 2x 120mm fans. They will have slots for two hashing boards, each with 32 ASICs per board.



This means that we will be shipping Batches 2-5 with one hashing board, with one slot available for future upgrades.



We expect Batch 2 to begin shipping in late September, immediately after we finish shipping Batch 1. As a reminder, our compensation policy will extend to Batch 2 – we will compensate all Batch 2 customers with the mining revenue that you would have received between August 31 and the day your order ships.



We will be locking in Batch 2 shipping addresses on September 20. If you need to make a change, please be sure to independently update your shipping address on each order, which you can do from the Orders tab in the customer portal.

As always, please let us know if you have any questions. If you ordered in Week 1 and have not yet received a shipping notification, please let us know.



Best,



– Team Obelisk