I'm very interested in this idea however; I can not afford to have someone just walk off w/ all my hard earned Bitcoin. I think what others are saying too is that a basic business plan is needed since too many scammers in Crypto that are ruining it for the honest folks among us who want to get Rid of some of this Money-Grabbing Greed!!!
Would be fabulous to have a extremely efficient 40nm ----> 28nm process chip that can be spread out among us Miners and NOT just have these ASIC companies hashing 75% of the entire network from the Chips WE all paid for w/ our 6-16 Month Pre-orders
With a clear and intelligent plan along w/ investor $$ protection, I'm sure that you'll find 100's of us Miners willing to put in what BTC we can to support and, in the end, profit from this venture.
Of course the OP will be edited with a proper plan layout. I want to hear opinions, suggestions, ideas get some brainstorming in this thread pros cons etc. before I write up any outline. I would not approach an idea if I was not confident in it. Currently I need to hear as much feedback on this as possible and maybe even a few PM's on people who would like to participate for what I see as a great idea that should of been turned reality as soon as we seen how BFL handled there very first ASIC chip. Obviously if they can some how manage this I see no reason why we don't and try to level the playing field just a tad?
Who knows maybe Satoshi Nakamoto will be the one who holds the private key to the wallet with the funds for this type of project. What if just maybe you see that genesis block move around shortly after the proposal is written up.
Back to the topic I want this to be a community project and so far a great deal of positive feedback. How about the way you would like to see it work and move forward from the idea phase. Every post I read I will be taking to account as I work on the proposal.
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