Yeah, this is not quite as bad as inputs.io or pirate. At least we knew this guy was a scammer from day 1, so many avoided it.

The fun is only beginning, the ASIC will only lead to many other related projects we have in the works or completed and waiting on the launch. Scrypt and crypto in general should have an excellent year.

850w on 5 gpus, geez that is going to get toasted.

Technically it should but we have not tried yet.

1. Are your ASIC estimates scaled up estimates based on real measurements of smaller prototypes or is it purely theoretical at this point?

They are scaled up estimates based upon the Stratix V pictured in the OP.

2. How did you get to the Altera FPGA estimates?

Timing analysis. We also benchmarked out miner against the open source miner kramble supplied and came to the conclusion that it is faster and requires less silicone area. This is mainly because we share some operations between cores. Krambles work is in another section of this forum, it is tested, proven and well documented. I would recommend using it to other companies too.

3. I could imagine you develop on FPGA's first to put the design into (digital) ASIC later or something, is this how your engineers went about?

FPGA mining could not go below 1.5$ per khs, we completed our FPGA miner, if you do not buy en masse then that figure goes to 4$ / khs. I do not think anyone would buy that.
We considered using Artix 7, but it only supports DDR3 400MHz, this made it unusable.

4. Why Altera FPGA's as a comparison and not one of the many other brands? Have you considered significant differences (advantage/disadvantage) of implementing on other FPGA brands?

There is no difference between Artix 7 and Cyclone V FPGAs for cheap FPGA miners and Virtex 7 and Stratix V FPGAs for ASIC prototyping. And we have one of Altera's field application engineers on our team, so device choice was straightforward.

5. Since in this business time-to-market is very important, why don't you go for FPGA implementations at first? Isn't the development time for FPGA based designs much shorter?

Yes, and we have them done already. But the $/khs is not practical. Unless you are using aftermarket FPGAs or own the facilities, there is little point in producing hundreds or thousands of FPGAs no one will buy.

Nope, we will be handling sales through our website which will be working on a shares type system for the checkout (too complicated to explain) but it wont do both at once.

Your 800 number went to a personal cell phone and said Leave a message (or something short and simple like that.) Not very professional. And email takes 2-3 days to get a reply, had this issue with the site before.

They wont go up, either stay the same or go down. We dont want to price them out of range of the normal every day guy.
So yes that is correct give or take a small amount (I am not going to check your math but it looks good at first glance)

When production is complete we should have them hosted and mining inside of a few days. Shipping is another story, we will be waiting for competition to crop up. Once they do we will begin shipping them the same day/week/whatever. They will work other alts.

A side note most people didnt seem to notice, we will be giving a 10% discount to anyone paying in LTC. As for addressing market value at any given time, we will charge based on LTC/USD or BTC/USD or whatever other crypto we choose to accept. But the cost in btc/ltc/whatever will not impact our pricing beyond our automated checkout changing numbers as we go.


Send your inquiries here with any technical questions, anything we can answer comfortably we will post here.

Also, on the OP we have added the model names of the 3 variants we will sell initially and chip numbers per pcb. We will attempt to finish 2 more variants before shipping.

Alright guys, we will now start taking questions from the peanut gallery! The questions will be sent to our engineering team, if the question doesnt touch on something sensitive with regards to the IP, then I will post the QA here on the forum. You can also ask here, and I will forward them onward.

admin@scryptasics.com

I placed an order, when I sent coins to their site, it glitched and refreshed the page instead of moving onto finish the order. When it refreshed it automatically chose the first shipping option I had not chosen.

I emailed them to change the address with fedex, since fedex would not allow me to do it. No valid contact info on bitcoinstore.com so I contacted memorydealers, they sent it over to someone at the other company (which makes no sense as the packages always come from memorydealers anyway).

Then I checke back and no address change, fedex had not even received a call or contact. So bitcoinstore.com shipped my items to someone else who now has a bunch of toner and other items I ordered. Your site is slow, extremely buggy, and you just caused me to lose money. Do you plan on fixing any of this or making it right? I doubt it.

Oh ye of too much faith.

Yeah, it is going nuts, then overstock announced they are going to accept it.

Soon....

Once we receive the boards from assembly we will test them for a couple of days. As long as our engineers can keep up with them as they come off the line, it will be tested, then put to work.

Due to us doing forced hosting initially, we will just charge for the electric rate that is in the area 0.09$ kwh. But each unit is using ~72 watts for 16 mhs, I dont know the exact percentages yet, but it will be tiny in the grand scheme of things.

I think less than 2% will be easily enough, likely even less.

All services on the website will be similarly distributed to ensure security.

Our Cirrus architecture for the direct shares system.

I think everyone will be pleasantly surprised once they see all the caveats related to our work that will be launched as time goes on. This industry has been lacking someone that cares about the coin community for a long time. We want to fix it.

As I pointed out before, our prices may change, but you definitely wont be able to use these to heat your house.