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Author Topic: New FPGA Hardware Company  (Read 1052 times)
CoinHasher
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April 21, 2013, 02:31:17 PM
 #1

Our goal is to create and deliver devices that aid in the mining (or "hashing") of digital currencies. Our first product is in the design phase. We will post pictures and stats as soon as our first prototype is completed. We are using some of the best resources available to design our products.We are not re-engineering boards built for other purposes. We are dedicated to creating Bitcoin and Litecoin mining hardware that is dependable and easy to use.

Why CoinHasher?

We started CoinHasher after our initial searches for mining products yielded unreliable results.  In the best case scenario, the hardware was overpriced.  At the other end of the spectrum, the vendors were sketchy.  Who wants to do business with companies like this?    The people at CoinHasher are working on products that is not only fast and efficient, but also consumes little power.

And it's not that we disparage GPU mining, but we in the United States happen to pay higher power bills than our friends in Canada.  We also understand that many power down their mining rigs during vacations for fear of fire.

We at CoinHasher are working on products that are not only fast and efficient, but also consumes little power. Our partners include members of the Altera Design Services network and the Xilinx Alliance Program.  

Lastly, we promise not to make any statements that we cannot backup.  We are going to offer up actual results, and whenever we do make projections, we'll at least stipulate as much by using the term "estimated" in front of the conclusion.


Speed up the completion of these products by making a donation.  Donors will receive behind the scenes updates and possibly mimosas. :-)

 
Bitcoin address: 1KRAseVrMAZwWVBriLDYbcJtw37JBU8Nou

Litcoin address: LcZrC1k3V2EQ7YK7gjGxjusFraDkN1XvU3



http://coinhasher.com

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CoinHasher
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April 23, 2013, 02:59:58 PM
 #2

Today at CoinHasher we were talking about the features we want our Prototypes to have.

Do you have any specific feature requests for FPGA mining hardware?

Thank you,
CoinHasher

srepen
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April 23, 2013, 03:04:27 PM
 #3

what is price range for your product and resulting hash rate
uberg33k
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April 23, 2013, 03:09:22 PM
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Do you have any WAG as to price?

Rough estimated hash rate on Bitcoin and Litecoin mining?

Could you flash the FPGA to mine one or the other?

Could you set up it up to monitor the price of BTC and LTC vs. USD or EUR and then mine whichever is more profitable based on the device's historical average hash rate?
GerMG
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April 23, 2013, 03:14:01 PM
 #5

why would someone buy fpga when asics are comming out finaly

You wan´t to mine bitcoins but dont have any Hardware?
https://bitcointalk.org/index.php?topic=183111.0
xandriel
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April 23, 2013, 03:17:41 PM
 #6

as far as I know, asics can only handle the crypto they were made for, sha256 only in the case of the ones being released. But fpgas can be reprogrammed to scrypt or another crypto.

evilscoop
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April 23, 2013, 03:21:47 PM
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fpga has a lot more use than bitcoin....unlike asics...

Ill keep an eye on this, I still have a love of fpga's Cheesy

Aahzman
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April 23, 2013, 03:25:39 PM
 #8

The Aahzman wants to know as well what the hashrate and power consumption (as well as heat output) of Coinhasher's products will be. Here at The Aahzman, we are committed to being curious.
jasinlee
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April 23, 2013, 03:27:18 PM
 #9

Obligatory.



Now, are you planning on making a fpga for bitcoin ? Seems like that would kinda be counter productive would it not?

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CoinHasher
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April 23, 2013, 06:09:33 PM
 #10

@srepen & @uberg33k @Aahzman

We do not want to ball park this yet.  When we go to production we are looking at making these devices in large volumes.  This will allow us to price the units more competitively.  As soon as we have locked in our design for prototype one. We will post an estimated MSRP.

As for Hash Rates, we are not going to post this until after the prototype is completed and the firmware is optimized.

Will you be able to mine Bitcoin and Litecoin on the same device?  

We expect the answer to be yes.  We are looking at how to do this without the end user having to do a lot of work.

Could we set up the device to monitor the price of BTC and LTC vs USD or EUR?
 
This is in the plans but not for prototype one.  This feature fits with our goals for prototype four.  We are not sure if this will be built into the device or if this will be a feature in a mining application.
Right now, we have Bitcoin and Litecoin devices listed.  It is probable that we will change this to Bitcoin Only or Bitcoin and Litecoin supported.  The Litecoin device has more parts so it cost more to make.

@GerMG & @jasinlee

How many ASIC's can you order today and have tomorrow or next week for that matter?  Do not take that statement wrong.  We are looking forward to the ASIC devices hitting the market.  

FPGA's are still in the running though.  The major issues with FPGA devices have been availability, cost, and support.  Most people are buying FPGA dev boards to do FPGA mining.  This is not cost effective.

Now, the biggest reason.  An ASIC device will only mine one digital currency.  We are trying to make a single mining device that has the ability to mine more than one type of digital currency.

@xandriel

as far as I know, asics can only handle the crypto they were made for, sha256 only in the case of the ones being released. But fpgas can be reprogrammed to scrypt or another crypto.

You are correct.

@evilscoop

We do as well.

Everyone, Thank you for your interest and time!
CoinHasher
digicoin
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April 23, 2013, 06:13:06 PM
 #11

Making donation to a commercial company??? What a joke  Cry

However, I will keep an eye on your products
Pathosverdes3
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April 23, 2013, 06:16:25 PM
 #12

Asking for donations as a company does not shed a favorable light on your financial status.
Would like to see more info about the devices before making a decision.
momo694
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April 23, 2013, 06:21:13 PM
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We need more competition to BFL, as soon as they start shipping and people are actually mining with their rigs their prices will go up even more because they know people have no other viable option. thanks for your work and good luck.
CoinHasher
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April 23, 2013, 06:30:10 PM
 #14

@digicoin & @Pathosverdes3

We agree with you partially. This is a small company with funding from 3 people.  We are injecting our personal funds into CoinHasher in order to make this happen.  We are using senior resources on every facet of this venture.  Our partners services cost money and none of us are millionaires.  :-)

It is not your responsibility that we are not millionaires and honestly we will take the donation message down if it offends people.


Thank you,
CoinHasher

CoinHasher
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April 23, 2013, 06:31:18 PM
 #15

@momo694

Thank you
Raymgiv
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April 23, 2013, 06:37:09 PM
 #16

Do you have any energy calculations such as Mhash/J for your intended product?

-Ray
CoinHasher
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April 23, 2013, 06:51:59 PM
 #17

@Raymgiv

energy calculations such as Mhash/J

Once prototype one is ready to go to production we will post these numbers.

Thank you,
CoinHasher
jasinlee
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April 23, 2013, 06:54:24 PM
 #18

@Raymgiv

energy calculations such as Mhash/J

Once prototype one is ready to go to production we will post these numbers.

Thank you,
CoinHasher


I now approve of your methodology.

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CoinHasher
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April 23, 2013, 07:00:49 PM
 #19

@jasinlee

Thank you!
CoinHasher
jasinlee
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April 23, 2013, 08:00:00 PM
 #20

Which company will you be using to do your prototype fpga engineering?

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