[DB.RCLMR] DeepBit "Reclaimer" ASICs

[mtminer]

No word on date availability, can we expect this to ship before 2015 ?

We expect this to ship somewhere around first half of 03.2013
I'll post additional notice on shipping dates after prototype tests.

When do you expect to be testing the prototype?

On the larger device how expandable is it?

What kind of computer will the larger device have embed? X86, ARM?

Excited to see more vendor choices for ASICS.

[1713938372]

1713938372

[nave]

Another claim of ASIC with no proof of anything shown that is taking pre-PURCHASE (not pre-order, there is a difference) far in advance of any  deliverable hardware. Great. I'm so excited, please take all my money.

The Custom Hardware section is starting to remind me of another section of these forums where some guy found a way to get tons of people to throw coins at him. Then other people saw what he was doing, and decided to do the same thing, so they could get coins thrown at them. Look how that worked out.

I'm not saying anyone is intentionally misleading customers (although it is completely possible), but if you are handing someone money for a device that may exist sometime in the future then you are letting them take advantage of you. You're taking the risk for their business, and they will be making the profit off of you (twice). You're an investor that is getting a negative return on your investment for months (years?) until this hardware gets delivered. You are being blinded by your greed. Look how that worked out for all the people in the long-term investments subforum.

[Sitarow]

Another claim of ASIC with no proof of anything shown that is taking pre-PURCHASE (not pre-order, there is a difference) far in advance of any  deliverable hardware. Great. I'm so excited, please take all my money.

The Custom Hardware section is starting to remind me of another section of these forums where some guy found a way to get tons of people to throw coins at him. Then other people saw what he was doing, and decided to do the same thing, so they could get coins thrown at them. Look how that worked out.

I'm not saying anyone is intentionally misleading customers (although it is completely possible), but if you are handing someone money for a device that may exist sometime in the future then you are letting them take advantage of you. You're taking the risk for their business, and they will be making the profit off of you (twice). You're an investor that is getting a negative return on your investment for months (years?) until this hardware gets delivered. You are being blinded by your greed. Look how that worked out for all the people in the long-term investments subforum.

You should take a close look at kickstarter http://www.kickstarter.com/. Its much the same "business model" as you are commenting on. Customers fit the bill for development and manufacturing @ 0% and then get promised product at a offered rate.

[crazyates]

The Custom Hardware section is starting to remind me of another section of these forums where some guy found a way to get tons of people to throw coins at him. Then other people saw what he was doing, and decided to do the same thing, so they could get coins thrown at them. Look how that worked out.

FUD. All 3 instances have been well known and highly established members of the Bitcoin community. BFL has a very consistent track record for delivery excellent products, tho not without their fair share of faults. Tom and his MMQ have been very successful in selling FPGAs, and that is expected to translate well into the bASIC. And finally Deepbit is one of the largest pools, and got that way for a reason. I dare you to pick a better set of 3 companies to pre-sell ASICs.

[420]

Interesting they don't have any bitcoin things but indiegogo does:

http://www.indiegogo.com/projects?utf8=%E2%9C%93&filter_text=bitcoin&search_submit=Search

[nave]

Another claim of ASIC with no proof of anything shown that is taking pre-PURCHASE (not pre-order, there is a difference) far in advance of any  deliverable hardware. Great. I'm so excited, please take all my money.

The Custom Hardware section is starting to remind me of another section of these forums where some guy found a way to get tons of people to throw coins at him. Then other people saw what he was doing, and decided to do the same thing, so they could get coins thrown at them. Look how that worked out.

I'm not saying anyone is intentionally misleading customers (although it is completely possible), but if you are handing someone money for a device that may exist sometime in the future then you are letting them take advantage of you. You're taking the risk for their business, and they will be making the profit off of you (twice). You're an investor that is getting a negative return on your investment for months (years?) until this hardware gets delivered. You are being blinded by your greed. Look how that worked out for all the people in the long-term investments subforum.

You should take a close look at kickstarter http://www.kickstarter.com/. Its much the same "business model" as you are commenting on. Customers fit the bill for development and manufacturing @ 0% and then get promised product at a offered rate.

I have, and I'm not fond of it. Although what it does a lot better (in most circumstances, as the rewards are dictated by the company) is reward people for early adoption. For example the price you pay will often be less than the retail price for the product you're kickstarting, and you will often get other bonuses that retail customers will not get. It doesn't make up for the negatives, and I think kickstarter should be limited to startups and individuals. I really don't like it when I see established companies looking for funding for their next product on kickstarter, I feel those are the worst examples of what I described.

[nave]

The Custom Hardware section is starting to remind me of another section of these forums where some guy found a way to get tons of people to throw coins at him. Then other people saw what he was doing, and decided to do the same thing, so they could get coins thrown at them. Look how that worked out.

FUD. All 3 instances have been well known and highly established members of the Bitcoin community. BFL has a very consistent track record for delivery excellent products, tho not without their fair share of faults. Tom and his MMQ have been very successful in selling FPGAs, and that is expected to translate well into the bASIC. And finally Deepbit is one of the largest pools, and got that way for a reason. I dare you to pick a better set of 3 companies to pre-sell ASICs.

I have no objections to the claim that what I said is FUD.

I am absolutely afraid to give someone who isn't publicly identified and does not have a working product or prototype they're willing to share thousands of dollars.

I am absolutely uncertain that all these companies will not only have the technical expertise to design and implement such a complex device, but will do so in a timely manner.

I completely doubt that these companies have my best interests at heart while they're holding onto thousands of dollars of my money with no strings attached.

As far as companies I'd trust more - any company that would be willing to take pre-orders, and not require me to give them thousands of dollars to sit in an imaginary line waiting for imaginary hardware. Enterpoint comes to mind, the way they handled the Cairnsmore1 development and release was magnificent compared to most other developers of similar hardware. I don't want anyone to stop offering this hardware, I would love to have an ASIC device for mining. What I want to stop are these poor and greedy business practices of taking money up front to (hopefully - with no transparency how can we know?) fund development costs.

[crazyates]

Enterpoint comes to mind, the way they handled the Cairnsmore1 development and release was magnificent compared to most other developers of similar hardware.

Is that the one that just recently got a working bitstream > 800MH/s?

[nave]

Enterpoint comes to mind, the way they handled the Cairnsmore1 development and release was magnificent compared to most other developers of similar hardware.

Is that the one that just recently got a working bitstream > 800MH/s?

If by "just recently" you mean over a month ago, then yes. Also they're the ones that had the hardware at my door two days after I made my payment. They handle their business.

[crazyates]

Enterpoint comes to mind, the way they handled the Cairnsmore1 development and release was magnificent compared to most other developers of similar hardware.

Is that the one that just recently got a working bitstream > 800MH/s?

If by "just recently" you mean over a month ago, then yes. Also they're the ones that had the hardware at my door two days after I made my payment. They handle their business.

Their shipping times are very good then! But answer me this: how many days after you got your product before you could mine at > 800Mh/s?

[nave]

Enterpoint comes to mind, the way they handled the Cairnsmore1 development and release was magnificent compared to most other developers of similar hardware.

Is that the one that just recently got a working bitstream > 800MH/s?

If by "just recently" you mean over a month ago, then yes. Also they're the ones that had the hardware at my door two days after I made my payment. They handle their business.

Their shipping times are very good then! But answer me this: how many days after you got your product before you could mine at > 800Mh/s?

I was mining at around 750Mh/s within 3 days, and I've been mining > 800Mh/s for a month or more I believe. I didn't mark my calendar. It's not perfect, but I don't expect perfection from every company I deal with. I just would like the companies to not want my money for months so they can make a product I may or may not see at some point in the future.

[crazyates]

Enterpoint comes to mind, the way they handled the Cairnsmore1 development and release was magnificent compared to most other developers of similar hardware.

Is that the one that just recently got a working bitstream > 800MH/s?

If by "just recently" you mean over a month ago, then yes. Also they're the ones that had the hardware at my door two days after I made my payment. They handle their business.

Their shipping times are very good then! But answer me this: how many days after you got your product before you could mine at > 800Mh/s?

I was mining at around 750Mh/s within 3 days, and I've been mining > 800Mh/s for a month or more I believe. I didn't mark my calendar. It's not perfect, but I don't expect perfection from every company I deal with. I just would like the companies to not want my money for months so they can make a product I may or may not see at some point in the future.

Ah then you were lucky then. Some of the earlier units waited months for a working bitstream, IIRC.

[salty]

Enterpoint comes to mind, the way they handled the Cairnsmore1 development and release was magnificent compared to most other developers of similar hardware.

Is that the one that just recently got a working bitstream > 800MH/s?

If by "just recently" you mean over a month ago, then yes. Also they're the ones that had the hardware at my door two days after I made my payment. They handle their business.

Their shipping times are very good then! But answer me this: how many days after you got your product before you could mine at > 800Mh/s?

I was mining at around 750Mh/s within 3 days, and I've been mining > 800Mh/s for a month or more I believe. I didn't mark my calendar. It's not perfect, but I don't expect perfection from every company I deal with. I just would like the companies to not want my money for months so they can make a product I may or may not see at some point in the future.

Ah then you were lucky then. Some of the earlier units waited months for a working bitstream, IIRC.

Not true. I was watching Enterpoint's thread quite closely and I think the bitstreams Enterpoint made available on their website at the time provided around 200-400mh/s, so the cairnsmore board was still earning BTC for early owners during development.

[rjk]

How very interesting, he announced this in ~December of 2011 on IRC, and then a bit later swore that no such thing existed. Does it take that long to design?

[DeepBit]

How very interesting, he announced this in ~December of 2011 on IRC, and then a bit later swore that no such thing existed. Does it take that long to design?

I don't remember saying that this this never existed. Can you provide a quote ?

Yes, the project was started almost a year ago, but it was far from actual IC design stage.

[hahahafr]

Your icbit.se site is a total fail. Unusable, try again.

[DeepBit]

Looks like someone posted wrong info in the bitcoin wiki, so I should make things clear.
1 bond doesn't represents 1 GH/s, rather 80 USD of listed price.

So Reclaimer One costs 4 bonds for 4 GH/s and Reclaimer RM costs 35 bonds for 80 GH/s.

[Joshwaa]

What ever happened to these?

[kwoody]

the prices suck balls compared to other manufacturers, that's what happened

[420]

the prices suck balls compared to other manufacturers, that's what happened

Estimated product performance