Eyes to the horizon: A bitcoin ASIC project will be announced in June

[klintay]

Sweden = Ericsson (Have worked 4+ years in a company in Greece they outsource amongst other nations - including China)
Finland = NOKIA

No valid argument by OP, just biased Chinese nationalism - I am used to it as we had to co-operate much with these cocky guys. Full of errors and false impressions their code and hardware. Huawei's switching centres used to got on fire lol. Now they copied Ericsson's AXE ok finally.

I would worry more about the outcome of the Chinese than the Swedish, just my 2 satoshis.

But I will go bullish on their project too (as I did with KNC and TerraHash).

Peace

Nokia and Ericsson are not so competitive when facing ruthless Chinese/Korean competitors.
I know most engineers in Huawei work more than 60 hours a week, some probably work 70 hours.

I know KNC is definitely not a scam and they will deliver the product as they promised. But, can they meet the deadline they set? I'm not so optimistic.

60 hours, 70 hours, 100 hours? it don't mean shit. its what you are doing during that time. IF they are sitting their jacking it to jap AV while their wait for boss to leave then its not productive time is it.

[testerx]

60 hours, 70 hours, 100 hours? it don't mean shit. its what you are doing during that time. IF they are sitting their jacking it to jap AV while their wait for boss to leave then its not productive time is it.

I have relatives that work for Huawei and I assure you that they are not sitting around jacking it to Japanese AV.  Not most of the time anyways, har har.  But seriously, they're pretty damned smart people so it's arrogant beyond belief to assume that your engineers are better than theirs just because they're Chinese.  I also have engineer friends in the US but this stupid belief that the Chinese won't catch up and then surpass in a lot of fields is going to leave you looking like an idiot in another decade. 

[Grinny]

/unwatch
the last two pages are just nonsense....
stick to the topic guys. it's all about bitcoin and not about any stupid country.

[Loredo]

/unwatch
the last two pages are just nonsense....
stick to the topic guys. it's all about bitcoin and not about any stupid country.

Absolutely right.

Stop this silliness.  China has somewhat over one billion of people.  Europe and the USA both have hundreds of millions.  Not all good, not all bad: smart, dumb; honest, criminal; hard working, lazy.

The Chinese system is corrupt state corporatism at the top, and that has some influences on the industrial structure.  The European systems are largely nanny-state socialist  forms at the top, and that likewise has some influence.  But overall, some private enterprises are excellent, some are not, in both systems.

I will say this, though.  Someone who holds irrationally nationalistic views, and preaches or indicates beliefs in racial or systemic superiority - regardless of the race: run away with your hand on your wallet.  The temptation for them to use their "superiority" to cheat those they see as inferior is often just too great. 

This said, I've never seen, anywhere or any time, where more fools are more willing to be separated from their money (in this case, from their bitcoins), than in these hardware capers.  So, if it provides some weeks of dreams of wealth beyond avarice to feed the scammers before the dream collapses, then by all means, do so.  You can take comfort in the fact you're are far from being alone.

[dan99]

Ok, Im a native-born Chinese, but shame on you, not about nationalism, its only the way you said and the respect to show with your potential customers

Ya couldn't agreed more, but I don't think he give a shit when it comes to business of making money, it does not matter if you are green, yellow, black, brown, red, white or other skin colors or if you lived in Beijing or Santiago or the North Pole if he wants to make money out of you he will.

[souliouz]

Please keep providing updates, everyone is interested in seeing new things coming. Please ignore the side-topics.

[aiwill]

update:

1. Price for our  “Garden Miner" will be 0.45BTC/GH, the prices of all models can therefore be calculated.  This price is based on shippment Date: the end of Aug/start of Sep, any delay will make the price even lower.
2. Models of "Garden miner" include : 48GH,96GH,192GH,  power consumption is approximate 5W/GH, i.e., the biggest 192GH `s P-consumption will be around 1KW.
3. Hope the "Plug and play" functionality will be added in the first generation("Simple-operation "is always our persuit,but we cant 100% sure we can do so in the first gene)

[Wayne_Chang]

update:

1. Price for our  “Garden Miner" will be 0.45BTC/GH, the prices of all models can therefore be calculated.  This price is based on shippment Date: the end of Aug/start of Sep, any delay will make the price even lower.
2. Models of "Garden miner" include : 48GH,96GH,192GH,  power consumption is approximate 5W/GH, i.e., the biggest 192GH `s P-consumption will be around 1KW.
3. Hope the "Plug and play" functionality will be added in the first generation("Simple-operation "is always our persuit,but we cant 100% sure we can do so in the first gene)

Hope you can success.
Beat someone's arrogance to the ground.

[dan99]

update:

1. Price for our  “Garden Miner" will be 0.45BTC/GH, the prices of all models can therefore be calculated.  This price is based on shippment Date: the end of Aug/start of Sep, any delay will make the price even lower.

( Now the market is only $18 per gh/s, you Over Charge by $31.50) !!!

2. Models of "Garden miner" include : 48GH,96GH,192GH,  power consumption is approximate 5W/GH, i.e., the biggest 192GH `s P-consumption will be around 1KW.

3. Hope the "Plug and play" functionality will be added in the first generation("Simple-operation "is always our persuit,but we cant 100% sure we can do so in the first gene)

Over price !! now market is less than 18gh/s !!!!!!!!!

[bitpop]

Fuck you naysayers

[Rampion]

update:

1. Price for our  “Garden Miner" will be 0.45BTC/GH, the prices of all models can therefore be calculated.  This price is based on shippment Date: the end of Aug/start of Sep, any delay will make the price even lower.
2. Models of "Garden miner" include : 48GH,96GH,192GH,  power consumption is approximate 5W/GH, i.e., the biggest 192GH `s P-consumption will be around 1KW.
3. Hope the "Plug and play" functionality will be added in the first generation("Simple-operation "is always our persuit,but we cant 100% sure we can do so in the first gene)

So you are taking preorders or will open payments only when the units are ready to ship?

[bigbeninlondon]

When do you expect to start your IPO?

[bitpop]

I formally request a review unit.

[cchan]

Do you have prototype already?

[dan99]

Do you have prototype already?

I don't think he will have prototype. 

[afro25]

Will you be accepting payment in anything other than Bitcoin? I'll spend a little if you just have bitcoin, but if you could stretch to Paypal i'd probably spend 3x more.

F Paypal and the possibility of your reversal of payment after you receive the goods.

I was thinking more along the lines of sending bitcoin and not being able to get it back if they don't deliver. Just because someone prefers to use paypal doesn't mean they're a scammer.

[afro25]

Will you be accepting payment in anything other than Bitcoin? I'll spend a little if you just have bitcoin, but if you could stretch to Paypal i'd probably spend 3x more.

hey, i guess we have to accept btc exclusively.  however u can buy extra-btc-for-this easily.

Fair enough, I'll be making a small test purchase in Bitcoin then. Will buy more when/if I get the miners

[kevcoins]

update:

1. Price for our  “Garden Miner" will be 0.45BTC/GH, the prices of all models can therefore be calculated.  This price is based on shippment Date: the end of Aug/start of Sep, any delay will make the price even lower.
2. Models of "Garden miner" include : 48GH,96GH,192GH,  power consumption is approximate 5W/GH, i.e., the biggest 192GH `s P-consumption will be around 1KW.
3. Hope the "Plug and play" functionality will be added in the first generation("Simple-operation "is always our persuit,but we cant 100% sure we can do so in the first gene)

0.45btc at today rate is $49.5gh/s , the current market going rate was only $18gh/s. He is making a killing here. His costs for 1 gh/s could be $5 to $10 per gh/s the most.

[americandesi]

Looks promising.
watching.!

[Wayne_Chang]

update:

1. Price for our  “Garden Miner" will be 0.45BTC/GH, the prices of all models can therefore be calculated.  This price is based on shippment Date: the end of Aug/start of Sep, any delay will make the price even lower.
2. Models of "Garden miner" include : 48GH,96GH,192GH,  power consumption is approximate 5W/GH, i.e., the biggest 192GH `s P-consumption will be around 1KW.
3. Hope the "Plug and play" functionality will be added in the first generation("Simple-operation "is always our persuit,but we cant 100% sure we can do so in the first gene)

0.45btc at today rate is $49.5gh/s , the current market going rate was only $18gh/s. He is making a killing here. His costs for 1 gh/s could be $5 to $10 per gh/s the most.

BTC miner should be calculated in BTC.