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Title: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: manuel on October 20, 2013, 12:43:38 PM Many of them sound way too good to be true... Terahashes? For less than $10K?
http://www.nitrominer.com/ https://hashfast.com/ http://www.asic-technologies.com/ - These guys claim they can ship the KnC Jupiter for $4,350 in six days. Over here they offer same hash speed as KNC Jupiter for $3800 (doesn't make a lot of sense): http://www.asic-technologies.com/ "shipping now - 521.1 -564.8 GHash/sec – 30 BTC /$3800 – 28 nm chip" How can I tell who is legit and who isn't? After reading horror stories about Butterfly labs I'm lost. Seems like incredible profit is possible with many of these machines (if they are real) if you act NOW. Thanks! Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: semaster on October 20, 2013, 01:03:33 PM Asic-technologies.com - scam (proof1 (https://bitcointalk.org/index.php?topic=296490.0) proof2 (https://bitcointalk.org/index.php?topic=304402.0))
nitrominer.com - most probably scam too - Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: manuel on October 20, 2013, 01:33:11 PM Asic-technologies.com - scam (proof1 (https://bitcointalk.org/index.php?topic=296490.0) proof2 (https://bitcointalk.org/index.php?topic=304402.0)) nitrominer.com - most probably scam too - Thanks. what about hash fast? What are the current best machines available and from who? Also who are these guys? https://www.youtube.com/watch?v=JFOcI8nK2xI Are they scammers? If not where is their legit site? Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: Rannasha on October 20, 2013, 01:54:23 PM Hashfast has yet to start shipping their miners, so it remains to be seen if they are trustworthy. They're not an immediately obvious scam like that asic-technologies website though.
Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: manuel on October 20, 2013, 02:15:47 PM Hashfast has yet to start shipping their miners, so it remains to be seen if they are trustworthy. They're not an immediately obvious scam like that asic-technologies website though. What about avalon and this KnC Jupiter? Is the KnC Jupiter a real thing just with a different real website? Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: Syke on October 20, 2013, 02:40:11 PM Bitfury and KnC are the only 2 decent, low risk manufacturers. Everyone else is very high risk for any number of reasons.
Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: rograz on October 20, 2013, 02:51:34 PM Avalon has actually started being quite reliable lately, seems they shipped out the tradehill auctions within just a few days and if you order what they currently have in stock in the store it should be the same speedy shipping.
Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: aerobatic on October 20, 2013, 03:23:16 PM Many of them sound way too good to be true... Terahashes? For less than $10K? http://www.nitrominer.com/ https://hashfast.com/ http://www.asic-technologies.com/ - These guys claim they can ship the KnC Jupiter for $4,350 in six days. Over here they offer same hash speed as KNC Jupiter for $3800 (doesn't make a lot of sense): http://www.asic-technologies.com/ "shipping now - 521.1 -564.8 GHash/sec – 30 BTC /$3800 – 28 nm chip" How can I tell who is legit and who isn't? After reading horror stories about Butterfly labs I'm lost. Seems like incredible profit is possible with many of these machines (if they are real) if you act NOW. I can personally vouch for Sam & Andreas at www.KncMiner.com, Simon, Eduardo and John at www.hashfast.com and Ravi at www.cointerra.com - having met and/or talked many times with the founders and employees of these companies. They are all legitimate companies with founders who have the full intention of having happy customers. They each have different products ranging in performance and delivery dates. KnC are shipping first, in the 28nm generation.. i have 4 of their boxes hosted at KnC and theyre running great... and hashfast are aiming to deliver their first units within the next few weeks... and cointerra is aiming to deliver in December. These are all priced accordingly, with KnC being more expensive - in $/GH terms, hashfast in the middle, and cointerra being the lowest cost $/GH. All of them are sub 1 watt per GH... Hashfast claims sub 0.65W/Gh and cointerra claims sub 0.6w/GH. I also have dealings with ButterFlyLabs, and have paid for several units of hardware months ago but have not received them, nor do i expect them to ever arrive and i think its clear that this isnt a company that aims to have happy customers (im clearly an unhappy one). This company is very good at marketing and very bad at production (and terrible at customer support!) I have invested in AsicMiner and though i dont believe their previous strategy is going to be sustainable, i believe them to be an honest and straight forward company who also aims to have happy investors. Since theyre missing out on the 'next generation' chips, im expecting them to announce something soon (or theyre dead in the water... and since friedcat has an excellent reputation im assuming they have something good up their sleeves) I have also met Valery from BitFury several times and i believe he is also legitimate, although his operations are mostly done personally and not via a company. BitFury tends to sell their chips to distributors (in europe and the US) who assemble boards... so this creates more variability in the performance and reliability of the boards, and they have a more 'hobbyist' or 'hacker' style - their boards are usually not as easy to 'plug and play' as some of the others. I dont have much experience of BitMine.ch (coincraft chip) but i think their intentions are good and their chip specs seem interesting. Theyre shipping later than hashfast and a couple of weeks earlier than Cointerra. If Cointerra's specs are to be believed (and i do) this may be the fastest (and cheapest $/GH) in the current 28nm generation, as halfway through next year everyone could be jumping on the next silicon die-shrink bandwagon. At this point, i think there are plenty of scammy ones (eg xCrowd)... and also some that are clueless or useless but not necessarily scammy - though the difference is moot (terrahash, VMC/AMC) At this point my personal opinion of the ones to avoid are: Avalon, terrahash, VMC/AMC... and the ones to consider are BitFury, KnCMiner, Hashfast, Cointerra, and BitMine.ch -- Jez Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: Soros Shorts on October 20, 2013, 03:35:51 PM Avalon has actually started being quite reliable lately, seems they shipped out the tradehill auctions within just a few days and if you order what they currently have in stock in the store it should be the same speedy shipping. Yep, a few days ago I bought an Avalon Mini for 6 BTC direct from the Avalon store. Today my miner is already sitting at the DHL Cincinnati hub awaiting customs clearance. Not sure if I can make back the 6 BTC through mining, but I thought I'd give them another chance since I'd made a fortune from my B1 Avalons.Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: manuel on October 20, 2013, 03:58:17 PM Avalon has actually started being quite reliable lately, seems they shipped out the tradehill auctions within just a few days and if you order what they currently have in stock in the store it should be the same speedy shipping. What is their legit site? Quote Bitfury and KnC are the only 2 decent, low risk manufacturers. Everyone else is very high risk for any number of reasons. What is their legit site(s) also? One of the sites i posted above that people said was a scam had KnC. d Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: nwoolls on October 20, 2013, 03:59:12 PM How can I tell who is legit and who isn't? After reading horror stories about Butterfly labs I'm lost. Seems like incredible profit is possible with many of these machines (if they are real) if you act NOW. If you are looking for profit, buy Bitcoins not ASICs. This fellow sums up the current situation very nicely: http://www.reddit.com/r/Bitcoin/comments/1oto74/thinking_of_ordering_an_asic_there_is_most_likely/ Quote
Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: manuel on October 20, 2013, 04:47:21 PM How can I tell who is legit and who isn't? After reading horror stories about Butterfly labs I'm lost. Seems like incredible profit is possible with many of these machines (if they are real) if you act NOW. If you are looking for profit, buy Bitcoins not ASICs. This fellow sums up the current situation very nicely: http://www.reddit.com/r/Bitcoin/comments/1oto74/thinking_of_ordering_an_asic_there_is_most_likely/ Quote
Are the figures in this profit calculator just totally bogus then? It looks like you can still make profit... http://www.bitcoinx.com/profit/ Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: aerobatic on October 20, 2013, 05:07:13 PM [ Are the figures in this profit calculator just totally bogus then? It looks like you can still make profit... http://www.bitcoinx.com/profit/ i wouldnt bother with that site as its a little opaque to see whats going on and how to work it... for a good mining roi calculator try this one... http://mining.thegenesisblock.com and for knowledge and pricing of the various different hardware companies in a simple table, try this one... http://decentralizedhashing.com/bitcoin-mining-equipment-table/ I should mention that all of these mining calculators utilise the recent historic difficulty rise as their formula for future rises... and that may not be accurate and is far from conservative. there is little chance that the difficulty rise for each of next 12 months will be the same as the 117% rise that most of these forecasts are using. thats much too pessimistic, as we're in a transition right now.. and the petahashes are coming thick and fast because BitFury and KnC just shipped into a market previously dominated by very unpowerful chips, and between them, theyve pre-sold several PH's. but after they've shipped, things will start to slow down, as the PH's that hashfast and cointerra will put on the network wont make as big a dent as KnC and BitFury have done because by the time they ship, we will already be on 4 PH (min). Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: nwoolls on October 20, 2013, 05:30:53 PM Are the figures in this profit calculator just totally bogus then? It looks like you can still make profit... http://www.bitcoinx.com/profit/ Very few of them factor in how rapidly the difficulty is increasing. Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: gmaxwell on October 20, 2013, 06:36:22 PM Very few of them factor in how rapidly the difficulty is increasing. A problem here is that any "factoring in" is just a guess. It's been increasing lately as there has been a series of hardware makers successfully shipping. Maybe it continues like a rocket. Maybe it doesn't. The current rate of growth cannot continue forever though, or otherwise we will soon need to start converting the mass of the sun into energy to power the miners. :)Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: DyslexicZombei on October 20, 2013, 07:15:13 PM As someone who runs a co-op with orders from KnC, HashFast, Bitmine, and Black Arrow Bitfury Prosperos (with exclusive bullet run access 3.75 months early) I pretty much agree with aerobatic's assessment.
I haven't jumped on the Cointerra train yet, but I do see them as a quality entrant to the market. They appear to be running a bit late, likewise HashFast could possibly be running slightly late. BTW, if you're dead set on mining and you don't have tens of thousands of dollars, I think Group Buys provide the best values, if you can find a good one that you like. Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: manuel on October 20, 2013, 08:22:19 PM I should mention that all of these mining calculators utilise the recent historic difficulty rise as their formula for future rises... and that may not be accurate and is far from conservative. there is little chance that the difficulty rise for each of next 12 months will be the same as the 117% rise that most of these forecasts are using. thats much too pessimistic, as we're in a transition right now.. and the petahashes are coming thick and fast because BitFury and KnC just shipped into a market previously dominated by very unpowerful chips, and between them, theyve pre-sold several PH's. but after they've shipped, things will start to slow down, as the PH's that hashfast and cointerra will put on the network wont make as big a dent as KnC and BitFury have done because by the time they ship, we will already be on 4 PH (min). It's a brave new world. Let's see what happens! Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: manuel on October 20, 2013, 08:35:35 PM BTW, if you're dead set on mining and you don't have tens of thousands of dollars, I think Group Buys provide the best values, if you can find a good one that you like. Got a link? Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: rammy2k2 on October 20, 2013, 10:55:40 PM if you order something, order from http://www.bitfurystrikesback.com/ , best support, best price
Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: DyslexicZombei on October 21, 2013, 02:05:26 AM BTW, if you're dead set on mining and you don't have tens of thousands of dollars, I think Group Buys provide the best values, if you can find a good one that you like. Got a link? Sure, there's lots of options on the Group Buys forums. I think we consistently have some of the best deals around, but I'm a bit biased. :D The best values are always found at the high end, which unfortunately puts them out of the reach of most miners...unless we team up to combine our buying power like Costco, so that we can collectively afford the very best miner deals that the market offers. Here's a summary of my democratic, at-cost or below-cost Miners Cooperative GB activities: https://bitcointalk.org/index.php?topic=315198.0 Bitmine Round 8 and Black Arrow Bullet Run with Bitfury chips Round 10 are the only two Group Buys I have open at the moment. We're part of a limited market launch for Black Arrow's new Prospero design using Bitfury chips now, about 3.75 months ahead of the public launch, instead of using their own 100GH/s Minion chip in late February. Due to the fact that I founded the co-op on the basis of at-cost prices and the lowest vetted insured pro ASIC hosting fees around, I believe my GBs to be among the best values in ASIC pre-order hardware *and* hosting, bar none, anywhere. I really am just one you guys; just someone who got sick of seeing people getting scammed and ripped off from their hard earned money. We've hedged our bets by spreading our investments in small portions among the various manufacturer options that we consider the strongest option(s) available at the time of purchase. = No joke: If you see a better deal somewhere else, please tell me; so we can get in on it. ;) :D Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: TooDumbForBitcoin on October 21, 2013, 02:29:09 AM Quote The current rate of growth cannot continue forever though, or otherwise we will soon need to start converting the mass of the sun into energy to power the miners. Already started. 5GW of solar electric already installed worldwide. At 20% capacity factor, that's enough to power 100 Ph/s 24/7 (assuming 10W/Gh/s). By the end of 2015, there will be 12GW of solar installed worldwide, enough for 240Ph/s 24/7, or maybe three times that, considering power per hash should fall as ASIC chip mfgs shrink their design rules. Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: evansearle42 on October 21, 2013, 04:12:40 AM Very few of them factor in how rapidly the difficulty is increasing. A problem here is that any "factoring in" is just a guess. It's been increasing lately as there has been a series of hardware makers successfully shipping. Maybe it continues like a rocket. Maybe it doesn't. The current rate of growth cannot continue forever though, or otherwise we will soon need to start converting the mass of the sun into energy to power the miners. :)I think power is easily produced, that's not the main concern.. Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: johnyj on October 21, 2013, 08:41:05 AM GPU era, efficiency is around 500W/GH, 2GH mining rig will mine 1 coin per day, electricity cost around 3 dollars per day, 1 coin worth 3-5 dollars, that is the breakeven stage for miners, hash rate will stablize around that level
28nm ASIC era, using 1W/GH, if mine 0.02 coin per day, 1 coin worth $150, electricity still cost 3 dollar per day, that will also be a stable stage where electricity cost close to mined coin. Under such electricity consumption, mining 0.02 coin should use 1000W, e.g. 1TH hash power Currently 1TH 28nm mining rig can almost mine 2 bitcoin per day, so until this output drop by 100 times, the stable stage won't arrive. At 30% rise per each difficulty change, it will take 18 times difficult change, almost 180 days to reach that stage However, at a rate of 30% rise per each difficulty change, all the coins mined during a rig's life time will never be higher than 3.33x its income in the first difficulty period. 1TH mining rig will never mine more than 63 bitcoins during its life time even if it started today Considering that a late delivery will cut this number by half or more, currently most of the future 1TH mining rig are ridiculously expensive, this will stop new miner purchasing, at the same time private mining companies will grow quickly We might be able to see 500P total network hash power after 6 months Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: blub on October 21, 2013, 10:02:15 AM Already started. Where do you get your numbers from? They are ridiculously low. I don't know about the rest of the world, but last year, it have been 30 GW alone in germany5GW of solar electric already installed worldwide. At 20% capacity factor, that's enough to power 100 Ph/s 24/7 (assuming 10W/Gh/s). By the end of 2015, there will be 12GW of solar installed worldwide, enough for 240Ph/s 24/7, or maybe three times that, considering power per hash should fall as ASIC chip mfgs shrink their design rules. Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: crocko on October 21, 2013, 10:19:25 AM if you order something, order from http://www.bitfurystrikesback.com/ , best support, best price I never understood why the price of Bitfury are so high... (in EURO !) :-\ Why should I pay €6,500 (shipping + VAT NOT included) for only 400 GH/s ? ??? For ~ $6000 (shipping + VAT included!) i can have a Jupiter that run at 550 GH/s :P Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: frankenmint on October 21, 2013, 10:23:51 AM if you order something, order from http://www.bitfurystrikesback.com/ , best support, best price I never understood why the price of Bitfury are so high... (in EURO !) :-\ Why should I pay €6,500 (shipping + VAT NOT included) for only 400 GH/s ? ??? For ~ $6000 (shipping + VAT included!) i can have a Jupiter that run at 550 GH/s :P Im very excited for next year when we see gen one asics and skyhigh difficulty. I'd love to buy up as many gen 1 hardwares as I can. The future will always be transaction fees...not only for bitcoins but for all alts as well. Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: TooDumbForBitcoin on October 21, 2013, 02:02:54 PM Quote Where do you get your numbers from? They are ridiculously low. I don't know about the rest of the world, but last year, it have been 30 GW alone in germany Oops, my mistake. Thank you for correcting. I was reading the US chart at this URL: http://www.greentechmedia.com/articles/read/chart-2-3rds-of-global-solar-pv-has-been-connected-in-the-last-2.5-years The worldwide numbers are 110GW by the end of 2013, and 200GW by the end of 2015. So 2000Ph/s of solar electricty online now worldwide (assuming 10W/Gh/s and 20% capacity factor for solar electric), and 4000 to 12000Ph/s (or more) by the end of 2015, depending on ASIC power draw. Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: Syke on October 21, 2013, 05:33:42 PM I never understood why the price of Bitfury are so high... (in EURO !) :-\ Why should I pay €6,500 (shipping + VAT NOT included) for only 400 GH/s ? ??? For ~ $6000 (shipping + VAT included!) i can have a Jupiter that run at 550 GH/s :P Because the Bitfury will be delivered in Oct and the Jupiter will be delivered in Nov. Expect to see the Bitfury price drop in a month to remain competitive. Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: MerchantMiner on October 22, 2013, 01:15:01 PM Many of them sound way too good to be true... Terahashes? For less than $10K? http://www.nitrominer.com/ https://hashfast.com/ http://www.asic-technologies.com/ - These guys claim they can ship the KnC Jupiter for $4,350 in six days. Over here they offer same hash speed as KNC Jupiter for $3800 (doesn't make a lot of sense): http://www.asic-technologies.com/ "shipping now - 521.1 -564.8 GHash/sec – 30 BTC /$3800 – 28 nm chip" How can I tell who is legit and who isn't? After reading horror stories about Butterfly labs I'm lost. Seems like incredible profit is possible with many of these machines (if they are real) if you act NOW. Thanks! SCAM Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: ekiro on October 27, 2013, 02:04:40 AM I'm considering preordering 5-10 of the next gen units. Question is who will be releasing that hardware? The KnC Jupiters are obsolete now. Need new boxes that can mine 1BTC per day. Any recommendations?
Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: high110 on October 27, 2013, 03:44:43 AM If you still want to mine...check out stuff that is 1THS or more...cointerra.
Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: ekiro on October 27, 2013, 05:24:00 AM If you still want to mine...check out stuff that is 1THS or more...cointerra. That's obselete already.I need to be in the first round of pre-orders of the next gen units. From whatever brand pulls it off. Is there anything other than cointerra out there? Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: HashFast_CL on October 27, 2013, 05:28:14 AM Asic-technologies.com - scam (proof1 (https://bitcointalk.org/index.php?topic=296490.0) proof2 (https://bitcointalk.org/index.php?topic=304402.0)) nitrominer.com - most probably scam too - Thanks. what about hash fast? Thank you for your interest in HashFast ASICs. Rest assured HashFast is a legitimate company dedicated to bringing customers the most advanced 3rd gen ASIC ever made. You may evaluate the truth of this claim by perusing the following documents. Here is the Press Release announcing HashFast's partnership with Uniquify, a multi-million dollar industry leader in physical chip design. Quote Uniquify, HashFast Ink Agreement to Produce ASICs to Increase Hashing Speed for Bitcoin Miners Strategic Partnership Moves HashFast to Forefront of Cryptographic Hashing Industry http://www.uniquify.com/uniquify-hashfast-ink-agreement-to-produce-asics-to-increase-hashing-speed-for-bitcoin-miners/ SAN JOSE, CALIF. –– August 13, 2013 –– Uniquify (www.uniquify.com) today signed a multi-year agreement with HashFast Technologies to design and provide silicon fabrication services for a new generation of application specific integrated circuits (ASICs) expected to dramatically increase hashing speed for bitcoin miners. Under terms of the agreement, HashFast Technologies, a pioneer in custom designs of ASIC chips for cryptographic hashing, will use Uniquify’s technology for the production of ASIC chips for cryptographic hashing. The strategic partnership between HashFast and Uniquify, a leading high-performance semiconductor intellectual property (IP) and system-on-chip (SoC) design, integration and manufacturing services supplier, is poised to move HashFast to the forefront of the cryptographic hashing industry. “Bitcoin mining is a fast-moving and highly competitive market,” says Simon Barber, HashFast founder and chief technology officer. “We chose Uniquify because we needed a partner who could produce the highest quality chip design, and get us to tape-out in record time.” HashFast Technologies will announce auctions and specifications of the new chip over the next several weeks, marking the beginning of a new wave of hashing that will allow Bitcoin miners to work at dramatically faster speeds. “The HashFast chip will give Bitcoin miners significant advantages in both speed and resources,” remarks Josh Lee, Uniquify’s chief executive officer. “We’re delighted to work with HashFast and look forward to its entry into the market.” About HashFast Technologies HashFast Technologies is a fabless semiconductor manufacturer specializing in extreme performance cryptographic ASICs. San Francisco-based HashFast was founded in 2013 by Simon Barber and Eduardo de Castro. HashFast completed its first funding round in July 2013. More details can be found at: www.HashFast.com. About Uniquify Headquartered in San Jose, Calif., Uniquify is a privately held, rapidly growing system-on-chip (SoC) design, integration and manufacturing services supplier, and innovative developer and provider of high-performance semiconductor IP. Its “ideas2silicon” services range from spec development and front-end design through physical design and delivery of packaged, tested chips. Uniquify’s headquarters and primary design center is in San Jose with additional design teams in Pune, India, and Seoul, Korea. With more than 100 employees, Uniquify offers 65-, 40- and 28-nanometer SoC design expertise, integration and manufacturing services and high-performance IP to leading semiconductor and system companies worldwide. Additional information can be found at: www.uniquify.com. ### ideas2silicon is a trademark of Uniquify. Uniquify acknowledges trademarks or registered trademarks of other organizations for their respective products and services. And here is the Press Release announcing HashFast has completed tape-out with TSMC, the multi-billion dollar world leader in wafer fabrication. Quote HashFast and Uniquify Announce Tape Out of "Golden Nonce" Bitcoin Network Transaction Verification Chip to TSMC's 28HPM Process http://finance.yahoo.com/news/hashfast-uniquify-announce-tape-golden-175723250.html SAN JOSE, CA--(Marketwired - Sep 5, 2013) - HashFast Technologies (www.HashFast.com) and design and manufacturing operations partner Uniquify (www.Uniquify.com) today confirmed that HashFast's Golden Nonce (GN) Bitcoin network transaction verification Application Specific Integrated Circuit (ASIC) has successfully taped out on TSMC's 28HPM process. This high-performance design was developed to provide an increase in the available hashing capacity for Bitcoin network transaction verification operations (also known as Bitcoin "mining"). The design simulation met or exceeded the design targets, performing more than 400 billion double-SHA256 hashing operations per second (GHash/s), while consuming less than 0.6 W/GHash/s at nominal clock rate, setting a new industry benchmark. A Leap Forward in Technological, Performance of Bitcoin Microprocessors The GN chip will be fabricated at TSMC's 28nm GIGAFAB foundry in Taiwan. HashFast has already increased the initial planned production volume of the GN chip to address strong pre-order demand. Key features of the design include a modular architecture, a fault-tolerant physical layout to allow for maximum silicon yield, and an ability to be overclocked for greater performance and underclocked for greater efficiency. Its use of on-die thermal controls allows operation at its maximum performance given the capacity of the cooling system deployed with it. Since announcing Golden Nonce, HashFast has become an industry leader in the production of Bitcoin network verification equipment. The GN chip provides increased hashing performance, while lowering power requirements and addressing thermal issues of earlier Bitcoin mining ASICs. HashFast began taking public orders in August for the Baby Jet mining systems, the first product to house this processor. Once the initial batch of GN chips is produced and tested, Baby Jet will begin shipping in volume. "The rapid development and tape out of the GN chip is another testimony to the power of our Perseus design management system," says Josh Lee, Uniquify's founder and chief executive officer (CEO). "With Perseus, we were able to go from first RTL code to final tape out in under three months, an exceptional performance for any ASIC design program, let alone a sophisticated 28nm design such as Hashfast's GN chip." Eduardo deCastro, founder and CEO of Hashfast, agrees and notes: "Working with a mature design team has been a key advantage. We've been able to leverage our team's decades of experience to quickly explore and evaluate multiple options, and deliver at record speed. Another critical advantage was the choice of Uniquify and TSMC for design and manufacturing. Both are at the top of their fields, have worked together on multiple projects, and are true innovators." "We are pleased to be working with Uniquify and HashFast to enable this new ASIC design," said Brad Paulsen, TSMC Senior Vice President, North America. "This application is a good fit with TSMC's 28HPM process technology and we wish them much success with the GN product." About HashFast Headquartered in San Jose, Calif., HashFast Technologies is a fabless semiconductor manufacturer specialized in the production of high-performance ASICs at aggressive performance nodes for the network verification of digital currency transactions. Its mission is to push the performance of network transaction verification hardware, and make leading-edge ASICs available to the public. The company was founded in 2013 by Simon Barber and Eduardo deCastro, and is privately held. More information can be found at: www.HashFast.com. About Uniquify Headquartered in San Jose, Calif., Uniquify is a privately held, rapidly growing system-on-chip (SoC) design, integration and manufacturing services supplier, and innovative developer and provider of high-performance semiconductor IP. Its "ideas2silicon" services range from spec development and front-end design through physical design and delivery of packaged, tested chips. Uniquify's headquarters and primary design center is in San Jose with additional design teams in Pune, India, and Seoul, Korea. With more than 100 employees, Uniquify offers 65-, 40- and 28-nanometer SoC design expertise, integration and manufacturing services and high-performance IP to leading semiconductor and system companies worldwide. Additional information can be found at: www.uniquify.com. Title: Re: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? Post by: digitalindustry on October 27, 2013, 10:13:28 AM New ultra fast ASIC machines, who is legit and trustworthy and who isn't?
Is that not obvious by now ? If not maybe you should get out of the game before you get BFL'd. |