Bitcoin Forum

As I mention, I'm starting a new topic, because it's a project nearly from scratch.
News will be posted here. Website will be online in about 4 weeks. We are thinking about project name.
So keep reading news.

mkay

http://i223.photobucket.com/albums/dd85/Trojan_Wolf/1726009-shut_up_and_take_my_money_super.jpg (http://media.photobucket.com/user/Trojan_Wolf/media/1726009-shut_up_and_take_my_money_super.jpg.html)

We have money. So we don't need anymore.

Why are you doing an ASIC then? ;)

Why not give us more details then. Process node, how far are you into this etc

What I know at the moment:  0,18u-0,13u (180nm-130nm) with less than $250k (ASIC development $150k, shattle first test (50 chips) - $40k, chip assembling and final testing $40k)
Development could take 3-4 months, maybe 5.

You'll be way behind the game with that process and such lead time.

Probably I will be the only one with only accepting escrow payment. That's for sure.
I will post the lead time when I will know more about.

Way behind using what metric? All ASICS currently being sold are expensive in terms of $s/hash, not J/hash. We cannot tell who is "way behind" until we see the price of finished product. But I am getting ahead of myself, since there is really nothing to be discussed in this thread yet, anf there won't be until the first unit is tested by an independent party.

This.

And you will offer better prices than current ASIC vendors right?(BFL doesn't count. Inaba is a lying tard) Considering that AM sold 10Ghash devices for ~1 mil USD in a matter of days you will surely get your R&D money back even with lower prices. Let us know when you will have a better estimate for your timeline. Will you be EU or US based?

Way behind the current quarter, but the game has 3 more to go. We just started the ASIC race and there is probably 5 years time for various enhancements that will determine the bestselling ASIC design.

EDIT: NOT that I believe that this project is true or will be successful, otherwise why even reveal it on this forum in such a way.

stop revealing new projects that aren't ready to ship, it is getting worse than all those new scamcoin

Scam sites are the worst thing, and they have nothing in common with us.
So stop putting us in the same "box"!

It's good that you're starting a project with thinking about the project name. I was told that it's the most important part of every project so I'm glad to see that you try to cover it first. Then of course comes the website and it's good that it's 2nd on your list. This gives me confidence in your project. Keep us updated and let us know as soon as you have your logo designed!

+1  ;D ;D ;D

Sarcasm is strong with this one.....

Project name: Abagnale

You are too late to the ASIC game. There are at least three companies that have ASICs developed already, and you are a fool if you think those three companies aren't working on improved versions (well, maybe not BFL, lol).

That's A LOT of competition and developing an ASIC takes a lot of money and a long time.

These companies are selling their machines WAY over their cost because that is what the market will bear right now. ASICs in large quantities are cheap. Expect them to get cheap and competition to get tougher. And most importantly, difficulty will skyrocket.

In the not too distant future (within a year), we will be able to buy ASIC machines with about 100 GH/sec power that run at about 100 watts and cost a few hundred dollars. The difficulty will be such that the ROI for such a machine will be 1-2 years, so mining will be mostly for fun and small profits, not the cash cow it is now.

Can we just stop with these BS announcements?  You have nothing to sell right now.  When you do, start an auction or sale and people will buy from you.  No promotion is necessary in this market.  We will come to YOU. 

Or, just develop it and mine yourself.  Every preorder or announcement is a scam until proven otherwise.  You are no different.

I love chips. Bet you can't have just one.

http://i352.photobucket.com/albums/r341/hyperstepz/asic_zpse17e2f3d.jpg (http://s352.photobucket.com/user/hyperstepz/media/asic_zpse17e2f3d.jpg.html)

Altera HardCopy?

I wonder why people didn't try this earlier.  Their NRE is more like $750k though.

Mr. funnow,

Go develop your chip. You will know when it's time if you're going to make money or not, or if you just end up helping the network.

Timing, speed and quality is important. We don't care if it is 28nm or 80nm or 110nm...

Altera claim the NRE can be as low as $165k for 130nm HardCopy Stratix devices, even they don't recommend it for new designs:

http://www.altera.com/products/devices/hardcopy-asics/about/migration/hrd-migration.html

You mean the whole package to design, testing including the NRC and other expenses to produce a working bitcoin asic chip? How long would it takes to produce them? 3 months? or shorter time frame?


" You get production devices in approximately 20 weeks " about 5 months? But this is only a prototype working model of the chip and board itself.. how much would be the chip, pcb and labor to produced them? Chips size will be big and power consumption high ..though

I was just talking about the NRE.

Some news:
- escrow only
- only orders when items will be ready and ready to ship
- yeah we are thinking about Altera Hardcopy
- as I mentioned, EU based team at the moment

In the chip business, only the first three (with large margin) and the ones with lower and lower cost (lower margin too) could survive.
I don't recommend hardcopy or something like that which is not possible to win in the competition of cost/performance, especially if you are not within the first three, which is obvious now.
Try to invest some serious time and effort to develop the one with lower power or faster speed at a reasonable cost, which might guarantee its success with the improved chip version from the first three.

Well, you might not have to worry about competing on price or power performance if it's close.  What is really needed is an ASIC company with good customer service that can ship units at the time of order.  I think people are tired of waiting in queues to get stuff.  They want to place an order and get their item. 

And there is no guarantee that five months from now the situation will be any better with the current three companies selling hardware.

You are off to a bad start already. Nice.

We even didn't made any start attemp. So there is no bad start.
It was just the answer for a picture posted by a member.
For funding the project we don't need money, so is why I have posted We have money. So we don't need anymore.

Looking forward to reading the news :)

The price of bitcoin may rise ... especially if it can only be mined by Serious Miners (big investment in ASIC) they may tend to keep the btc in their wallet ... (especially if they don't really have to sell many to cover electricity costs ?)

If you make it, that will be awesome  :)

I think you're greatly underestimating the greed of the people building these devices.

The only way this turns into a "cheaper for faster" scenario is if someone steals an existing design - downsizes it to a much smaller process and straight up sets the price at something reasonable - then you might see a price war.

~

As far as coming late to the game - I agree... the only strategy that would provide for success is if the project is entirely privately funded (investors with very deep pockets) and as soon as they have a working design they start cranking out units and reduce the process.

What's needed is something in 45nm range (or less) to really make a killing as a hardware designer.

interesting... who are you going to use for escrow?

very interesting, looking forward to your news!

Do you really think funnow will be able  to sell chips that are inexpensive in terms of $s/hash? There are some posts by bitfury and ASICMINER about chipsize, NRE Cost and chip cost in various die sizes. Guess why ASICMINER and maybe AVALON will develop new chips if they have already mask and  they could produce chips in any order size requested.

Later I have phone call with a FPGA-ASIC developer, who has offices in my town. Hope I can arrange the meeting ASAP.

Please let me know the outcome of your discussion, we really need more Asic players.. may I know your source if local or overseas?

What did you mean local of overseas? If you mean if it will available worldwide or not, the answer was, is and it will be always yes :)
If you ask a different question explain, because english is my third language.

english is my fourth language, Im feeling you Sir.


LOL

Next thursday I have meeting with a potential partner.

Can you also tell us what you are having for breakfast? We need to know.

Funnow,

I wish you good luck and to make Your dreams true.
During this path stay on right track and keep Your promises. Remember, Your promises are who You are, and Your ideas are Your path.

Behind all sarcasm here on forum, I see a lot of envy and greed.
NEVER is too late for a GOOD idea.

I am sign in in for pre-order.

Best luck,
Milan77

Thanks a lot.
Yeah, I'm trying to drive straight (smile)
For pre-orders sorry, there will be only normal orders with realtime stock. As I said I don't want repeat mistakes from other people.
On the first place is TRUST.

My big problem is the site design (i'm not good in the design), so it takes more time to finish that part.

Thanks again to all your support!

Someone here help him with site design in return for hardware...

Opportunities guys...;)

Pro: he's not trying to scam anyone, and that's great (much better than some competitor did).
Con: pointless to announce it here anyway, and as far as I perceive, this is noobwork.

Quite curious to see where this is going...

Might have every relevance if he gets hooked up with a web designer through the forum in return for some hardware.

Win-win situation and free marketing via the forum.

If you really need a design for your website, I'm pretty sure there won't be an ASIC.

K.I.S.S. - develop, manufacture AND sell the ASIC. Thats already more than "simple".

Take a look at KNC/AMC/ASICMINER/... The only one that's got a pretty webpage is BFL.
Avalon could take everything offline keeping just the chip order form online and it would
be as good as now.

If you're really convinced you need a website, feel free to PN me and lets check the details.

And best luck  ;)

hi

where u at in your project?

I think this thread was taken out of the oven a bit early.

Good luck to OP with his plans....  But ya, perhaps best to spend your energies on your actual product, and then announcing it when you have a bit more concrete details to offer, I humbly suggest.

taste like a project from 14 year old nerd  :P

You are right, I'm only 2 year old. But my bitcoin knowledge is better than yours.

Actually his objection makes sense, and you answering this way is a VERY bad PR move.

Aggressive PR usually cover shady or badly run operations.

.. sorry, not even 14 years old  :o

And we can safely say this thread is crap, now.

Because of the illness of the developer, I'm waiting for the new date.

Hope to have a update soon? Thanks

There was an update already, you didnt preorder?  ???

A short update -> Waiting for any answer for FPGA to ASIC conversion.
If I get a green light from any of those 2 companies a new "baby" will born.
But I don't give up :)

.. after the "baby" is born you will need to feed it for years till it's productive  ;D

Other will have to feed their to grow :)

with so many players in the market, how will your product be in demand? could you sell for less than $15 per gh/s?

Less than $10 per gh/s

let me know how many gh/s you have available ;)

"If I get a green light from any of those 2 companies a new "baby" will born." ?? Has the baby been born, couldn't wait to see the pretty thing. ;D

4 weeks on no website.

...or a name. We should really help them with a name, ideas anyone? ???

NOOBASIC?

After the statement above, I will be watching this thread very closely. To be honest, you should probably get somebody to do marketing/pr for you. Oh and loose the attitude, nobody cares if you have millions of $ because at the end of the day your final product or at least proof that you have a prototype is all we care about.

p.s If you need a site or a server/vps, send me a pm.

Very quiet in here? Where is he?

Back to school, I guess?
Pre-school, most likely.

What is the point of this post if there is nothing tangible yet?

xCrowd is insisting on using escrow too and they will be ready in 20-24 weeks apparently, around the middle of november.

It's time for little update.
Another European - Asian project
110nm size 1ghs/s and 2.5W power consumption

The si is still not done, still thinking about name,.....

going to be awesome looking forward to some good news :)

Guy, is this it?  Is this your update?

Still thinking of a name?

Why are you even posting this garbage?  Go back into the shadows until you have your shit together.

Waiting for some updates - seemse we are going on the right way
Updates -> multicore chip, minimum 4gh/s per core, power usage is still measured, because we are going higher than 4gh/s (32 cores)

Keep reading updates