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I need partners investors and even those who would offer any experience or knowledge. I am currently running some antminers that are just the start of this adventure. I am also getting a large sum of money towards the middle of this December from my accident. I will be putting all of it into this farm.
First of all let me tell you that it's a huge mistake to build out a mining farm. The ASIC vendors themselves are building farms, and they will always beat you on cost. Unless you fabricate ASICs, you will never beat them. You are flushing all your money down the toilet. Furthermore, unless your power is around $0.02/kW, the farm will not be competitive. There are select datacenters around the world that can source very cheap power, and they will out-compete you as well. Secondly, what you are asking is illegal in the US in 2 ways: (1) It is not legal to solicit investments for a private business on a public forum, and (2) investors in a business must meet the sophisticated investor rule set by the SEC. Raising money in BTC does not change this requirement.
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I showed the paper to an ASIC designers and the reply was:
"Dual-rail domino logic is glitchy and fickle as f**k, and needs only the slightest excuse (e.g. you put a domino module next to another one) not to work. Clockless logic is interesting, but it's virtually impossible to debug it once you've got your silicon. You could build the chips, and spend a decade debugging and still have no idea what went wrong"
That guy must be a moron. People have been designing domino logic for 20+ years. It's has some special requirements, but those are not hard to meet if you know what you are doing. I know eldentyrell, and this paper is legit. I'm proud of him, this is an excellent result for which he should be proud. This kind of thing is real engineering; it's so nice to see this kind of result vs. the uninspired standard-cell crapola that everyone else churns out.
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This is absolutely a scam. These Xilinx parts are not yet available, and only offer a 2x gate density over the existing Virtex class FPGAs. Not to mention they are on the order of $10-20k each.
Don't fall for this crap.
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I would like to ask ( btw I have not even a single clue so don't hesitate to eli5 this)
How much capital would one need to start a business and get asic chips at lowest price from a manufacturer or make one yourself?
I am guessing (assuming?) getting couple of chips and reverse engineer it and make thousands of the same stuff would be costly if not impossible.
So lets assume this scenario , I get 10-20 scrypt asic miner chips , pay someone to reverse engineer and find out how its made , go to a chip factory with him , explain the manufacturer how it should be made with him and pay them to make couple thousand at least. How much capital would this take?
Or any other example you might have in your mind.
TL;DR , how much would i need to have to become next asicminer,gawminer company.
1. Approx $10M from start to finish, but for something that is cryptocurrency related. It's closer to $5M if you have a team already selected and existing IP. This assumes a 28nm process target. 2. You can't reverse engineer ASICs anymore. There are 100 million transistors on there, and nobody is going to figure out what it's doing by looking at a mask layer. Besides, you don't need to reverse engineer anything. The algorithms are well-known already. 3. You can't make just thousands of ASICs. Volumes need to be in the 100k minimum, and it really needs to be in the millions for them to take you seriously. You can't just walk into a fab and expect them to make some for you anyways; you have to know what you are doing and have relationships with the fab companies. Most Bitcoin ASIC people don't have this BTW, and get really shafted on the wafer prices. Is this just idle speculation?
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whats stopping you from investing in Altcoins?
- They have extremely low liquidity
- They are constant victims of pump & dump
- They are created by non-programmers who have never read the Satoshi whitepaper
- They contain basic programming errors in emission rate, proof-of-work, or block verification
- They are instamined by a small cabal of assholes
- They are bad clones of other coins
- They don't actually improve upon any state of the art
Anyone who treats shitcoins as anything other than a playtoy is going to find out the hard way why Bitcoin is in the lead.
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I have a question for the devs:
I'm trying to understand the potential security vulnerabilities of Electrum. I have read every resource I can find online, but I can't find a reference to one of my biggest questions:
1. Is the electrum.dat file vulnerable? 2. Does a user need to protect access to this file with the same degree of care as the bitcoin-QT's wallet.dat? 3. If an attacker were to access electrum.dat, would the attacker be able to transfer funds and impersonate the victim?
Thanks.
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I can answer this question for the ASIC implementations.
I believe that many existing ASIC implementations assume the rest of the bitcoin header after the nonce to be a fixed constant. I cannot speak for Avalon specifically, but I'm aware of several ASIC designs that will fail to work if the header is extended with non-constant data after the "2nd round" 16 bytes.
Is this proposal being seriously considered, or is this a what-if question?
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dose anyone know if there is a program for a mppa board ? i have a ambric am2040 mppa board that has 340 processing cores and wanted to use this for bitcoin mining i was told if i can get it up and running it could do about 18g/hash's but im new to the programming and fpga area and have only used gpu to mine any help would be appreciated
You won't get anything running on that board. Ambric went out of business in 2008, and none of the hardware is supported anymore. You can't get the programming tools for it.
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As soon as I will have proof that you have created working prototype - you can count on my investment.
Hi, Thanks for your input, At this time we are only trying to discuss the idea with qualified/Interested individuals. We are not even able to determine if this is a viable option because we don't even have an ABAX2P1 chip in hand and we will need to raise funds to purchase the hardware (including the ABAX2P1) if/when the time comes (soon I hope.) Just keep us in mind and watch the threads because we will make any important announcements in a separate post. Thanks again. I have already inquired about this. These parts are very very expensive, and not worth it. The $/MH ratio is worse than traditional FPGAs.
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, received via pm: Hi..we're IC designer team. we've been already complete the ASIC miner chip. But we havn't enough money to start it. W just want to find somebody pledge us. if you can.we are happy to open the source and be the cheapest chip supplier. Because we want the bitcoin stronger too. Very thanks
Looks legit!
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Anarchy, I've sent you PM but I haven't heard from you. Please send me PM and I can help you with your project.
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Parts are no longer available, thanks everyone.
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I have an OEM tray of Virtex-6 FPGAs in a sealed bag. They were purchased a year ago from a parts broker in order to build an FPGA mining array, but I never used them. They are XC6VLX195T-1FFG784C-ES parts. They are sealed in a static bag with a desiccant enclosed. They are new unused parts, and are ROHS compliant. I am only selling all 10 of them as a lot. A photo from my supplier is here: I want $900 USD or the equivalent amount in BTC. I will accept escrow, but we need to agree on some details first. Please send me PM via the forum in order to contact me.
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This is outstanding, I love it. The power connector configuration is really great, I love the mini-backplane.
This is the nicest and most compact Spartan-6 board I have yet seen. Great job!
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RE the FPGA group buy, it's a good idea but IMO will need to hit qty 250-1,000 per order to even get 10 minutes attention from the senior execs with the power to approve a real discount [30-50%+]
-rph
Higher than that actually. 1k parts isn't even close to being considered enough volume to get any real discount. Even if every single Bitcoin miner were to participate in this GB, the volume doesn't justify any real discount. In the industry, you have to have part volumes > 10-100k (depending on many factors) to get any real leverage, and that applies only to customers who agree to long term business relationships as well. Bitcoin is a drop in the bucket compared to commercial designs.
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OK, I'm now mining on an Altera FPGA with poclbm. (Well, some heavily hacked-together Python code based on poclbm to be exact.) You can find the code in question on Git here but it's a bit of a pain to use right now; you have to create a new BSDL directory, obtain the BSDL file for the FPGA you're using and copy it to the directory, edit the source to use the correct directory, and then run it and hope it finds the correct USB Blaster and works. Oh, and it needs UrJTAG installed. In theory this means that you can now mine using fpgaminer's code for Altera FPGAs that communicates over JTAG without having any Altera software installed. (It also has long polling support obviously.) Edit: Now has a bsdl/ directory in the source tree to place the bsdl files in. Uhh, why? I guess there is some appeal to not needing the FPGA software, but JTAG is ungodly slow. It's not an appropriate means of communication between a mining host and the FPGA at all. I don't think this idea is wise nor useful (except to save the step of FPGA programming I guess).
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Jesus H. Christ, stop it with the damn gold discussion. This is a mining thread, take your irrelevant arguments elsewhere.
Mods, cleanup on aisle 12.
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check cablesaurus.com they have a pre order going for fpga miner boards that do 100-200 mh/s for cheaper than most dev fpgas.
That is very misleading. That is only a pre-order. These boards won't be available for at least a month or so yet, and the price IIRC is around $400.
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+1 for vector76's hypothesis from me as well.
This seems a lot more likely than my double block mining hypothesis. This would also be harder to protect against.
Anyone have ideas about how to stop this sort of attack?
When the block chain forks, the "true" chain is ambiguous by design. The algorithm only promises that it will resolve eventually. Wait, I thought this statement isn't true. My understanding is that potential forks in the chain are resolved according to whichever winning hash has the lowest absolute value (highest difficulty). This scheme is at least deterministic. Is this correct?
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