BlockBurner LLC - Crucible FPGA Scrypt Miner - Announcement Aug-19

[Operatr]

I think it is way early to worry about anyone trying a 51% attack, as that would entail a single person or entity controlling over half of all available hashpower. In addition to all of the GPU rigs currently out there, we would be adding a new wave of hardware on top of it to a diverse pool of people. I don't think it's worth worrying about at all. FPGAs will strengthen the network with something better and much more efficient, in a way we're just part of a natural upgrade to something beyond hobbyist hardware.

Unless someone makes a $10,000,000 order....I don't think we have to worry lol. Though that would be pretty cool 

Remember that these market caps are still microscopic in terms of the worlds GDP, assuming adoption starts to explode someday GPU rigs simply won't cut it as the backbone of a new "banking" industry because they just cannot scale after a point and remain viable. Difficulty will be extremely high the bigger the network gets. The only thing saving profitability are the coins themselves continuing to gain value in parallel to total network hashpower. Hashing is about to become some big, serious business, as will creating the devices we need to support this industry.

Jasinlee is correct, we will be going through several optimizations and a lot of testing ourselves. These are the first Scrypt specific devices, so it will take some fine tuning to get every last drop of performance out of them and ready them for production.

[qiuness]

Operatr, how far are you with the proj? can we have an "alpha" estimate?

[achillez]

i'm quite interested - may drop a couple $k on this. Let me know how/if to invest in it

[Scooby903]

Operatr, how far are you with the proj? can we have an "alpha" estimate?

+1

[wheatrich]

Following because I'm very interested in this project.  Gl with it.

[slicko]

watching & also interested

[Operatr]

Operatr, how far are you with the proj? can we have an "alpha" estimate?

+1

I am hoping to have an announcement on Tuesday 

Thanks for your support guys!



The main website is currently being migrated but should be up soon on its new home that is much faster and better protected.

[Operatr]

I don't have much in the way of a real update today, but I have done the most obviously important thing any startup can do:

I give you BlockBurner the T-Shirt Next time I'll probably not stare directly into the sun for these shots...

[qiuness]

how is the status of the FPGA? KnC is also builing one and is set to have it ready in the summer

[Operatr]

how is the status of the FPGA? KnC is also builing one and is set to have it ready in the summer

Progress as of late has been a little slow with the Dev team being busy with real world stuff, like wives and jobs  But we have entered the most complex design element of the FPGA which will take a while to complete. I myself am just getting us legalized in the US to do business. With a few other things in the works I don't mind a bit of a lull for the moment to catch up a bit.

I feel like a broken record in saying "updates soon", unfortunately we're just not far along enough to be comfortable releasing too many details just yet, even from the legal standpoint as we are not incorporated as of today either so releasing any of our IP would be reckless until that is 100% locked in. Unlike other companies this one started with the first post of this thread instead of just dumping a website out there first with a vague promise and a buy button. We are displaying things in real time and not on hypotheticals or guesses.

I had read somewhere that KnC was inquiring about Scrypt miners, though as they have yet to deliver anything at all I'm not overly concerned. They don't seem very organized, plus PG has been all over them finding the cracks in their enterprise which are everywhere. It would stand to reason they should probably just focus on the ASIC they promised first before starting another product line in parallel, though FPGAs are easier to develop than ASIC hardware. We will see, in the end whoever manages to release a product does good for the network. Assuming cryptocurrency goes mainstream worldwide, there will be plenty of room in the market for the makers of these digital cannons 

We have something a little different in mind than current offerings however, I will say we are not working on just a single little board for sale, but a complete product line 

[Operatr]

I have sent off our legal paperwork today to form us as a real, legal business in Montana state, the details of which will be posted publicly (barring personal details of the members) as soon as I get the confirmation letter back.

We have had somewhat of a hold lately with meat-world issues for all of us personally, as well as taking this step before we proceed much farther with the FPGA design itself. We have developed a clear concept for the overall product design and the features we want to include in this time however.

As usual I can't say too much more at the moment, but for an idea, Crucible is not just a single device  

[qiuness]

nice1 Operatr, looking forward for more details.

[Operatr]

nice1 Operatr, looking forward for more details.

 



We have our own thoughts for what kinds of features and options to put into this, though I value community input, so-

What would your dream device include?

[aysyr]

If it ran on a proprietary mining application, it'd be great to have a monitoring tool for Android/iOS and be able to control it from there in regards to the pool its mining on etc.

[User_513]

I'm definitely interested and will certainly keep an eye on this.

I'd love to see a secure way to manage from mobile devices, such as iOS & 'Droid.

[VJain]

1. Manage things remotely (such as a web-interface, automatic reboots)
2. Ability to import/upload config files for easier deployment
3. Stand Alone - configuration is built into the device so no need to plug in via USB
4. Wi-Fi connection (after initial config) so I don't have 10000 cat6 cables running all over the place. Easier to just set up a bunch of WiFi networks + extenders in the area.
5. Ability to order from EXISTING stock and not pre-order with vague timeframes and delivery times ... I like ASICMINER's process (only sell what we have on stock).

Dream Device

[SpaceCadet]

Since this is more a hobby for me than a major source of income, I like the idea of small-scale miner that can be used on a variety of cryptocoin, but will pay for itself in a month or two (or before the diff goes through the roof .  I'm thinking one or two units sticking out of the USB ports I already have 'laying' around. My long-term plan is to move more effort to 'forex' than mining, but using mining to prime the pump while it is still feasible without running a server farm in your basement.

Q: Since scrypt is harder than sha, is it feasible to have an sha capability in the device as well? (not necessarily running concurrently)

[kimmeriets]

What would your dream device include?

it must be scalable dev, all the rest for the user

[djkakadu]

1. Manage things remotely (such as a web-interface, automatic reboots)
2. Ability to import/upload config files for easier deployment
3. Stand Alone - configuration is built into the device so no need to plug in via USB
4. Wi-Fi connection (after initial config) so I don't have 10000 cat6 cables running all over the place. Easier to just set up a bunch of WiFi networks + extenders in the area.
5. Ability to order from EXISTING stock and not pre-order with vague timeframes and delivery times ... I like ASICMINER's process (only sell what we have on stock).

Exactly !!! Dream Device

[anderl]

Why the "Going Legit" in the title.  Was it not legit before.  Are you moving toward legitimacy?