Please check out our website at 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.

I am really impressed by the M10 being on the 16nm process node.  Ever since they released the specifications been waiting for a review.  For myself it really reinforces the idea that being first to market on 7nm is not the right move.  If there is this much efficiency to be wringed out of 16nm then it would be best to take the time to optimize a full custom ASIC on 7nm.

I like the discussion and thanks for the thoughts.  For myself, this isn't a BCH versus BTC.  I am not against the goals of Lightning network.

Long term, just thinking what the knock-off effects of adoption on the lightning network versus actual BTC takes place.  Some monte carlo simulations could be built to better assess what the outcomes could be.

My thought this morning was that if there was a way to incorporate sidechain mining into the lightning network model.  This may have provide the ability to decentralize the channels themselves and allow miners to continue to collect the fees.

Of course this would require some work, but if the payment channel issue already solved then the addition of minable side-chains may be plausible.

Does anyone else see the Lightning Network as a way for large BTC holders to become like banks and get the fees that were designed to go to the miners?  The layers sure sound like the intermediaries that Satoshi invented Bitcoin to thwart.  Long term, miners are needed to continue to secure the system and if there is no incentive or fees then it will be very easy for someone to 51%.

Edit: After doing some soul searching, the Lightning Network may not be an overt attempt to take fees from miners, but it does raise serious concerns.  Keep in mind that fees are paid by $/kB not by transaction amount.

There are many layers or intermediary already in place, but this seems to be implemented by the core team itself.  This is what concerns me.

The more I think about it, this may be one of the reasons why large institutions and family offices are making very very large purchases of BTC.  I have had requests for 100k - 500k BTC from credible sources.

Edit: I do think that it favors the large BTC holders over the miners.  Miners have to pay operating costs of mining and have to churn the BTC to keep the system going.  If you build a layer on top that receives fees for holding BTC, is this fair to the miners?

I do realize this competition of interests was built into the Bitcoin design.  Early adopters would have the advantage and miner reward diminishes.  This is when fees of the system are supposed to support mining.  If the core implements an automatic way for large BTC owners to essentially POS then it will be self defeating.  They may lower security for the entire system even though they may have good intentions.

There is also a regulatory issue. Why do you think ETH is dragging their feet on POS?  If the core team implements a system that provides a reward for payment channels they have now, most likely, pushed BTC into security terroritory.  And that is right where the Institutions would want it.  It would limit access. Thoughts?

Edit: this isn’t a plug for BCH.  I am just thinking long term about the viability of mining which is the backbone of Bitcoin.

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 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

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


 

I knew I had seen that board before.  The picture on the main page is the same photo used to show off the supposed GMO 12nm BTC ASIC boards.

GMO article with the supposed 12nm GMO board
https://www.gmo.jp/en/news/article/?id=764

Scroll down to where it says "ADVANCED MINERS ASIC AM-12" and look to the right.
https://advancedminers.io/


Not sure why either are showing a board with a SoC in the middle?

My gut tells me that if people do try to exchange the token for their 12nm 28TH/s at (if the English version is correct) 1200watts miner they will just get a Bitmain S9 or even worse the Whatsminer with the stickers peeled off.

Also, in their material they say that they have only invested $1M to date, they have their own 12nm model and that they will have a 7nm prototype in June.

I am not hating on the ICO approach.  I really think that is really one of the only solutions that could keep Bitcoin Mining Decentralized using the right token model.  There are people in Wyoming doing this the right way.  https://hackernoon.com/our-decision-to-become-a-wyoming-utility-token-43856212a5ac

Even if we assume their intentions are good, they didn't have to put all of the easily verifiable misrepresentations and the extremely optimistic numbers.  Also, another give away is that they don't have a single technical person on the team and they have 12nm and 7nm down.  Both feasible, but only with the right people in place.

ASIC engineer, not the most helpful as he very low on totem pole.  He is physical engineer which is a part of the puzzle I needed to fill and he wants to help.  His thought was that if I can make a case to Intel Foundries for 10nm chips then that should be my route in.  Bitmain was a huge customer of TSMC in 1st quarter so this may be getting their attention now.

I will ask him if he can reach out to the gentleman at Intel Labs and see what their reason was for submitting the patent in 2016.

This is another add

https://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sl=auto&sp=nmt4&tl=en&u=http://bitmainvtl.ru/antminer-s11-27-th-s/&xid=17259,15700023,15700124,15700149,15700168,15700173,15700186,15700201&usg=ALkJrhhAa7_iaS3tNrJe0xt9sUQF9sefhw

This one says 27 TH/s and 10nm with 189 chips.  Same number of chips as the S9 which makes me question it. 

The TH is inline with the claims of double the hash-rate on the Alibaba.  Same 10nm as Alibaba.  Calculated efficiency at 1,400watts is near .052j/Gh.

Great job -Cl.  Do you see any benefit from a tuneable PSU?  Is there an optimized wattage, possibly even specific to machine, that would be most efficient or economic depending on $/kW?  This given the tuning also on the T1?

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Moderator's note: This post was edited by frodocooper to remove nested quotes.

Have a call with Intel ASIC Engineer today  to try to get my foot in the door.  Baby steps guys.  Where there is a will there is a way.

My original attempt was to reach out to the principal author of the patent at Intel Labs.  He didn’t respond to the LinkedIn.  So I put it on the back burner.

Coincidently, while doing searches for capital providers I stumbled across an Engineer at Intel that was in directory focussed on Blockchain.  Reached out to him yesterday, he asked for further information about projects I am working and he was wanting a call this weekend.  Hopefully the call is fruitful.

Found this during some searches today.  Looks like Bitmain registered S11, S11+ and F3 with Russian FSB.  Does anyone know what the F3 would be mining?

https://kargoline.ru/news/216-notifikatsiya-bitmain-antminer-s11-s11-f3-ot-12-04-2018g.html

Very rough translation of pic on the Website:

The unified register of notifications of the characteristics
Shipovannyh (cryptographic) means and
goods containing them
Kzo00001443 notification number

date of publication
11.04.2018

notifications
ID 0100000
Kz000001443 notification number

Name of goods
ASIC device for mining cryptocurrency, trademarks Bitmain'model: Antminer V9 Antminer, Antminer A3, Antrouter R1-LTC, Antminer S11, Antminer S11+, Antminer F3 and spare parts for them.

Product name ASIC devices for cryptocurrency mining, brand Bitmain* models: Antminer V9, Antminer, Antminer A3, Antrouter R1-LTC, Antminer S11, Antminer S11+, Antminer F3 and spare parts for them.

The manufacturer of the goods Bitmain Technologies Inc.
Address: Building 25, North Olympic Science & Technology Park,
Baosheng South Road, Haidian District, Beijing, China 10029 China Tel / Fax: -86-400-890-8855

Validity
06.12.2021
Status
acts
cancellation date
registration date
04.04.2018
notifications

Thanks for putting this together Philip.  It took a while to get the miners but seems well worth it.  

And good work -ck!  This couldn't have been easy.

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Moderator's note: This post was edited by frodocooper to trim the quote from philipma1957.

Update - 4/11/2018

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

Please refer to this thread about SHA256 IC.  It has some discussion regarding ASICboost
https://bitcointalk.org/index.php?topic=2676595.msg33374953#msg33374953

If you want to google Scotten Jones at IC Knowledge and pull up his reports you will find all the information you need regarding process nodes and normalization.

I love the term “investomer”.  I think this is one of the peculiar aspects of Bitcoin mining equipment manufacturing.  Everyone sees a prototype and hype surrounding and they are quick to fund millions of dollars towards “production” well in advance essential giving quick payday to anyone who participated..  Yet, time and Time again that risk has played out very badly.  

Why not make true longterm investment into the development of the unit itself or startup and receive benefit for years off single investment?  Instead trust is placed in an unknown team with a prototype.  Why not put your trust in an outstanding team with wonderful reputation that could provide years of steady profits and access to equipment at cost? 95% of this thread and the risk could have been mitigated, but it sure makes for a great story and is a lot of fun

Samsung 10nm not equivalent to Intel 10nm.  Keep that in mind.  Samsung seems to have been using these labels loosely.  Also, Samsung has been aweful proud of making these ASICs.

There is also some question as to whether ASICboost routing actually increases performance.  It would seem that Bitmain would have implemented it if they thought it beneficial. Granted, it is early days with this tech and the software is being tuned.  Looking forward to seeing what the full potential is of these miners  is as everything gets ironed out.  So far so good.

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.

$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.

I am really interested in hearing the answer to this question.  10nm with the ASICBoost?  I don't see the benefit.  If you had to guess, which fab did they use or do you think the whole 10nm is fabrication?

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Moderator's note: This post was edited by frodocooper to trim the quote from StevenMosher.

I am reaching out to Intel labs.  I will report back if I find out anything interesting.  I don’t currently know of anyone using their foundry for BTC ASICs.

Edit: haven't heard back from them at this point