Bitcoin Forum

NODE Haven Website:
http://www.nodehaven.com (http://www.nodehaven.com)

If you would like to check progress of our development or would like to help in any way, please visit us at our Telegram:

NODE Haven Telegram:
https://t.me/NODEhaven (https://t.me/NODEhaven)

NODE Haven Core-Team:
Charles Dusek
LinkedIn https://www.linkedin.com/in/charles-dusek/ (https://www.linkedin.com/in/charles-dusek/)
Email: cgdusek@nodehaven.com

Michael Bazzi
LinkedIn https://www.linkedin.com/in/mibazzi/ (https://www.linkedin.com/in/mibazzi/)
Email: bazzi@nodehaven.com



Status:
+Technical Partnerships Established
+Whitepaper Finalized
+Website Created
+Advisers Recruited
+Token Coding Complete
+Website revamp complete
+Marketing materials
+Bounty Campaign Running
+Private Pre-Sale Initiated
-Public Sale

Token Sale Dates:
Private Sale - Ongoing ($2.5M Cap)
Main Sale - Q1 2019

1st Medium Article
Title: The Token Sale: A Consumer Co-Operative
https://medium.com/@charlesdusek/the-token-sale-a-consumer-co-operative-9688bbae1f39 (https://medium.com/@charlesdusek/the-token-sale-a-consumer-co-operative-9688bbae1f39)

2nd Medium Article
Title: The Roman Emperor Problem: ASIC Manufacturer Mediation
https://medium.com/@charlesdusek/the-roman-emperor-problem-asic-manufacturer-mediation-ad2243dfeb3f (https://medium.com/@charlesdusek/the-roman-emperor-problem-asic-manufacturer-mediation-ad2243dfeb3f)

3rd Medium Article
Title: Our decision to become a Wyoming Utility Token
https://hackernoon.com/our-decision-to-become-a-wyoming-utility-token-43856212a5ac (https://hackernoon.com/our-decision-to-become-a-wyoming-utility-token-43856212a5ac)

4th Medium Article
Title: Marriage of Federal and Wyoming "Utility Token" exemptions
https://hackernoon.com/the-marriage-of-federal-and-wyoming-utility-token-exemptions-d53848a8947f (https://hackernoon.com/the-marriage-of-federal-and-wyoming-utility-token-exemptions-d53848a8947f)

A little history on Advanced Semiconductor Technologies LTD (AST)

In 2013 did the 1st BTC ASIC miner on 28nm
In 2014 did the 1st BTC ASIC miner on 20nm and 1st LTC on 28nm.
In 2015 did the 1st BTC ASIC miner on 16nm
During 2016 and 2017 they did several crypto currency projects using advance technologies.

AST is the driving force behind the scenes pioneering the development of Bitcoin ASICs.

Reserved

The biggest benefit of moving from the 16nm ASIC Bitmain Antminer S9 to a 7nm ASIC Bitcoin Miner is the potential benefit from the 60% better efficiency.  Starting from the S9’s .1 j/GH that puts a 7nm Bitcoin Miner at .04j/GH.  Not to mention the >50% size reduction meaning less silicon for potentially less cost.

“In comparison to 16FF+, TSMC 7nm is said to offer a 3.3x density, 30% speed, and a 60% power improvement.”
https://www.semiwiki.com/forum/content/6662-tsmc-talks-about-22nm-12nm-7nm-euv-e.html (https://www.semiwiki.com/forum/content/6662-tsmc-talks-about-22nm-12nm-7nm-euv-e.html)

Reserved

NODE Haven Co-Founder Charles Dusek has written an article in Medium.  We plan to write articles periodically leading up to the token sale.

The article presents Token Sales as being closely related to Consumer Co-Operatives and how this compares to Profit-Seeking Companies.


The Token Sale: A Consumer Co-Operative
https://medium.com/@charlesdusek/the-token-sale-a-consumer-co-operative-9688bbae1f39 (https://medium.com/@charlesdusek/the-token-sale-a-consumer-co-operative-9688bbae1f39)

As usual, feedback is welcome.

Hello guys, I am very excited to see what you guys are up to and wish you luck with the whole process. Do you happen to have any sort of idea on the timeline of this project? When do you think the token sale will take place? Is there anything i can help you with?

Sorry for the late response to the post.  We have been working on building the necessary partnerships, refining the whitepaper and putting together the website.  Our next step is recruitment of advisers and marketing.

Please visit our website to view our whitepaper and join our SLACK or Telegram if you would like to discuss progress.
 
http://www.nodehaven.com (http://www.nodehaven.com)

So basically you have one engineer that will work on it ? What a load of crap. Looks like a scam to me.

Not sure why you are referencing CoinTerra in your whitepaper. Isn't that the company that went bankrupt and could not pay their electricity bill from C7 Data Center in Utah?

Nice project, only that am just skeptical about this whole shit

I am the engineer you are referring to and this is my Bitcointalk account.  If you are ever in Houston, TX lets sit down.

We are fully supported through the engineering staff at Advanced Semiconductor Technologies LTD and those sub-contracted as stated on the website and in the whitepaper.  There are also a select group of advisers that includes an additional ASIC Engineer that will be announced shortly.

Please come visit us at our SLACK or Telegram if you would like to discuss any concerns.  We are always there.

We understand your concern with the reference to Cointerra. NODE Haven believes we can learn from the mistakes of others so as to not repeat them. There are many Bitcoin ASIC companies that have gone bankrupt due to various reasons of which we have studied so as elevate our company with firm foundation and long term viability.  

For your comfort (and quite frankly, our own comfort), we have zero connection with Cointerra. We reference their development timeline to give a concrete example of the production process with AST.

We are open to editing our Whitepaper on the base of proper reasoning. We take the position that referencing the completed and successful development timeline is beneficial, as it makes our project more tangible for observers of our project.

Happy to discuss this further if you would like! Join us on Slack or Telegram and just mention this thread. Invite links can be found as soon as you enter in www.nodehaven.com (http://www.nodehaven.com).

Have been following NODE Haven for a while, and have been fortunate enough to be given various bits of information, including emails from the foundries and similar.

Certainly seem a lot more transparent than many other setups out there.

Scams usually don't show that much transparency ;) I've been following this discussion since it initially started in December on thebitcoin.pub and for me this is definitely not a scam, if you're in for some reading check out this link https://thebitcoin.pub/t/build-your-own-asic-miner/14173/182.

I'm following the discussion on Slack and Telegram on a daily basis and I must say I'm really exited about this.

We have posted another article on Medium that describes what we coin as the "Roman Emperor Problem".  The article goes over how ASIC manufacturers have a built in advantage when it comes to mining.  The ASIC provider has control over when advancement happens, is able to mine with the equipment before releasing it to the public and are able to act as mediators of the supply of hash-rate on the blockchain.

The Roman Emperor Problem: ASIC Manufacturer Mediation
Author: Charles Dusek, Co-Founder of NODE Haven
https://medium.com/@charlesdusek/the-roman-emperor-problem-asic-manufacturer-mediation-ad2243dfeb3f (https://medium.com/@charlesdusek/the-roman-emperor-problem-asic-manufacturer-mediation-ad2243dfeb3f)

Don't forget to read our other article listed in the 1st post on this thread.

I really don't like Token sales / ICOs, becuase most are scams, but this one seems to be interesting because it actually solves mining problems, and seems that the only way to fund this (without physical collateral) is through the token sale. The problem is, because of all the ICO scams, it's really hard for investors to trust ICOs...

I would strongly recommend a prototype demo before any token sale for mass-production.

Keeping an eye on this one.

Been watching this project for a wile now. Will be happy to keep an eye on it and see where things go.

Thanks for the encouragement.  NODE Haven feels very strongly about our mission and I have been full-time on this project since December 2017. It has been a lot of fun building this from just an idea to where it stands now.  It has also been very lonely work at times, but we have pushed through each successive barrier and have bootstrapped everything to date.  We understand what is at stake and have been working very hard to do the project justice and successfully relaying our message to the community.

Most of the other advanced node projects we have been informed of are being done by private groups that are producing ASICs that will only be used within their facilities.  As Bitcoin price rises the incentive grows for these private companies to mine with their own ASIC rather than distribute them to the public.  Also, the ASIC manufacturers that are profit-driven will be selling the equipment based on ROI rather than Cost+%.  This means even if they do sell when BTC price rises as expected, the ROI will be diminished.  NODE Haven will never mine with equipment outside of testing before the token holders receive their equipment.

Our goal is to allow you to compete with ASIC manufacturers that also mine by giving the latest technology at or below Cost+10%.  This is accomplished using a set of equations that is the Product Development Vehicle (PDV).  The cost per miner will also get lower over time due to storage of profit in the PDV from unreserved miner sales.  The profit from outside sales will pay for part of the miner driving the cost per miner reserved with NODE token lower than the cost to produce the miner.  Please refer to the whitepaper for details on the PDV.

I have an engineering and finance background, so if there is any trouble understanding how this works I can post a base-case or you can come visit us on SLACK or Telegram and I can walk you through it.  I consider the PDV to be just as innovative as the any chip we will develop.  In addition, we will also be releasing a roadmap and be transparent about our upcoming projects.  The 7nm BTC ASIC is only the beginning.  We plan GPUs, LTC as well as other algorithms.  We also have our sites on 5nm BTC ASIC and with that coming possibly by 2020.  All of which may use the same controller and machines as the hash-boards will be interchangeable.

We understand that you want a NODE Haven prototype and barring the cost we believe we have the next best thing.  Our team has successfully developed multiple commercial Bitcoin miners.  As a requirement, any technical group that we teamed up with would need to show extensive experience in taking the Bitcoin ASIC and moving it to the most advanced process node.

That is why we chose to team up with Advanced Semiconductor Technologies LTD who was the first to produce 28nm BTC ASIC, 20nm BTC ASIC and the 16nm BTC ASIC.  There are more developments, but these we have permission to disclose.  Their reputation is at stake and NODE Haven isn't taking this lightly.

As far as funding, we were initially approached back in December by VC funding to take a private route with the project.  We decided against that because it would perpetuate problems that exist within the industry.  The issues we are addressing are the result of centralized companies controlling a decentralized crypto-currency's hardware.  By taking the the VC route they would have required us to seek maximum profit by mining with equipment before releasing them to the public.  Our idea was to give the token holder that value in a construct very similar to the consumer co-operative rather than the principals and investors of VC/Private equity firm.

The whitepaper and Medium articles outline how the PDV token sale allows us to focus on making products cheaper, more reliable and at the highest performance without profit-motive.  The margin between the production/allocated engineering per miner and the market price of the equipment is stored in the token rather than a share holders pocket.

As an update, we have added two more advisors a couple of weeks ago and are currently finalizing paperwork with 3 other advisors.  Those 3 advisors are part of a group that includes an Ex-CEO of electronics manufacturer that is currently working 16 blockchain projects.

The two added advisors are:
Pranav Mathuria - Senior ASIC Engineer currently at Google
Magnus Dufwa - Software and SmartContract Developer

We will disclose the other advisors soon.  Thanks for your interest and together we will Empower the Blockchain.

We are grateful to announce that the following advisors have been added to the NODE Haven advisory team.  

The revamped website will be posted soon and marketing will begin shortly thereafter of the presale.  May have one or two more technical advisors joining up.  Marketing plan is staged and ready to execute.

Tudor Stomff
Co-Founder of http://bountyhive.io (http://bountyhive.io)
LinkedIn https://www.linkedin.com/in/tudor-stomff-a74771bb/ (https://www.linkedin.com/in/tudor-stomff-a74771bb/)

sidehack - Gekkoscience
Builder of 2pac BM1384 Stickminer
https://bitcointalk.org/index.php?topic=1764803.0]https://bitcointalk.org/index.php?topic=1764803.0]https://bitcointalk.org/index.php?topic=1764803.0 (https://bitcointalk.org/index.php?topic=1764803.0)

Tokens will be unlocked within 2 weeks after public token sale has reached an end.  At that time NODE tokens purchased during the token sale may transferred in any way that ERC20 tokens are capable.

Hi, are there ay news about the token pre-sale? Will it be visible on the website or some other "pre" method? Thanks.

Yes, the details of the token sale will be posted on the website.  As of today, April 1st, presale period has begun for 10% of total token distribution at 25% bonus.  70% is reserved for the public sale.  If you would like more information please send an email to myself at cgdusek@nodehaven.com or join us on telegram.  https://t.me/NODEhaven (https://t.me/NODEhaven)

$25k USD is minimum for presale and we are being very selective who is able to participate.  We want to make sure that our interests are aligned.  We would like early investors to have a reward while making sure that it is beneficial for the community.

Tentatively, there is a $250 minimum for public sale.  With $250 of NODE tokens this will allow at least one miner reserved when first batch is complete and potentially two miners reserved at second batch.

BTC miners and all other future equipment may be reserved with 10% value in NODE tokens based on bookvalue cost.  Miners that are reserved with NODE tokens are priced according to equations in the Whitepaper which at their core is a cost+10% model and does not change according to market price of Bitcoin.

1st run bears the allocated engineering cost (first access to technology)
2nd run is not burdened with engineering cost (lowest cost product)

Our mission is to make advanced technology accessible to everyone. Because NODE Haven will not mine wih the equipment ourselves NODE token holders will always have first access to technology.  NODE Haven is incentivized with tokens causing us to want to drive the number of NODE/Terahash down effectively increasing the value of each token.  In this manner, because of the cooperative model, it is best for us to make the most efficient and valuable equipment at the lowest cost to NODE token holder.

The idea is to provide the same advantages that ASIC manufacturers have have when mining and store it in a token.  Also, with colocation facilities being built around the world you can host the miner in a facility and never have to touch the equipment.  Or you can sell the equipment yourself by offering a presale of equipment to pay for reserved miners and enjoy the margin.  This can be done over and over again as you receive the reservation tokens back if you pay in cash/Crypto.

If there is any further interest email myself at cgdusek@nodehaven.com

As an update:  Tudor, with bountyhive.io, is really pushing us to make the website and marketing materials as strong as possible.  We will go live soon, but we want to make sure every t is crossed and i dotted before we launch the marketing campaign in earnest.

Update continued:  we added another ASIC advisor expert in history of Bitcoin RTL that is helping to shape strategy regarding the 2nd generation of NODE Haven bitcoin miners.  The timeline for the 2nd generation includes a prologed period of study that will be done concurrently with development and production of 1st generation NODE Haven 7nm BTC miners. 

1st generation will be targeting 30%-50% better efficiency (.05-.07j/GH)
2nd generation will be targeting up to 80% better efficiency (.02 j/GH)

We have made more room for more technical advisors.  Most of the bases are already covered but if you feel you can bring a novel approach or unique  perspective contact us or reach out to us on telegram.

Update - 4/11/2018

New Website is live at http://nodehaven.com (http://nodehaven.com)
We will begin mass marketing soon.

Update: 4/30/2018

Lots of good stuff coming down the pipe...

1. Preparing for bounty programs as we speak.  Those outside of United States may participate.  Please watch Bitcointalk bounty announcement thread for that.  Bounties will be ran by http://BountyHive.io (http://BountyHive.io) whose Co-Founder is one of our Advisors.

2. We are also bringing on a new team member with 20+ years of Firmware/Hardware experience that currently runs a Bitcoin mine here in the United States.

3. NODE Haven is an officially registered business of the state of Wyoming.  Please read the two Medium articles that we wrote about how NODE Haven will run a fully SEC compliant Token Sale.  NODE Haven is the first company to register in Wyoming and issue a legislatively defined Utility Token.

3rd Medium Article
Title: Our decision to become a Wyoming Utility Token
https://hackernoon.com/our-decision-to-become-a-wyoming-utility-token-43856212a5ac (https://hackernoon.com/our-decision-to-become-a-wyoming-utility-token-43856212a5ac)

4th Medium Article
Title: Marriage of Federal and Wyoming "Utility Token" exemptions
https://hackernoon.com/the-marriage-of-federal-and-wyoming-utility-token-exemptions-d53848a8947f (https://hackernoon.com/the-marriage-of-federal-and-wyoming-utility-token-exemptions-d53848a8947f)


 

totally in!

NODE Haven is a US based blockchain hardware manufacturer developing advanced crypto-mining equipment, as well as developing new and customized blockchain hardware use cases and applications ranging from artificial intelligence mining to supporting neural networks and even video transcoding.

NODE Haven provide monthly updates for their community to stay up-to-date during their building phase. Watch here the last NODE Haven Milestone Update:

https://medium.com/nodehaven/node-haven-milestone-update-5-10-18-9157ae83a1a3

I think many people will participate in this project. We need to spread the information about this project, so that as many people as possible can learn about it.

As a community,  is it possible to collaborate and effectively come up with a video presentation on why sintez is important. In order to promote the project?

This is EXACTLY what this space needs!! Brilliant. Goosebumps.

Looks promising, but the min contribution for the presale is too high for me. But i will follow this project. Token will be available right  after presale/tokensale ? And will be transferable also then?

What are your suggestions? I agree with you.

Don't waste your time on the naysayers and the bashers, they do not have anything good to deliver anyway. If it's crap to them then crap they will be. Plain and simple really. I have checked the website and it is 100% legit and no indicators that they will not deliver their goods to the investors and consumers.

Where can I find the latest news for this project bro? I believe this project will have many investors and great success the team only needs to be more enthusiastic in promoting it.

Well this is about mining and many are interested in mining cryptos nowadays. I would like to ask if there are any news about the token being put into exchanges? I would like to find out how much this token can be purchased on exchanges.

Please check out our website at http://nodehaven.com (http://nodehaven.com).  There you will also find our other social channels.  We have been very busy executing on our expanded goal of building a federated cloud network and platform.