Scrypt (Litecoin) ASIC Prototype

[TruCoin]

You kinda sound like your trying to scam!!! Don't ask people for money. if you need money go to a bank and get a loan or open a credit card!!!!! you have bad credit? well that just says you might not be the best person to be managing peoples donations toward your so called ASIC proto.

I like to believe in people but i have a problem with people asking for money when our society has plenty of programs to borrow money at low rates. Create a business plan detailed development plans and average cost of production of your design. Make sure to label all cost you will have to create this device. Don't forget  to put down in your buisness plan the cost of setting up your company and pay all fees. If you have good credit and have your ducks in order the bank will give you the loan

[fenican]

Dude you are WAY too late to the party.  Trucoin beat you to it  

[Singlebyte]

Another garbage post.

Why do you lack vision, man?

Oh seriously.....even John K thinks its a we all know its a scam.  Look up a few posts....

GSnak your post makes you look like a moron

[fenican]

[TruCoin]

also don't forget people are  upset because Butterflylabs built there devices on other peoples money and still have not delivered there devices. Don't try and use peoples money to fund your develpoment then feed them lies for over two years. Just get a bank loan

[Nolo]

Sure OP.  Post your address.  I'll send you a couple trillion Zimbabwe Dollars. 

They're as imaginary as your ASIC. 


Here's a tip for next time you try to scam people OP:  Atleast take the time to photoshop a fake ASIC.  Or make a youtube video of a bunch of chips supposedly hashing something.

You might get some people to fall for it. 

Or better yet, just rename yourself Butterfly Labs and claim you'll start shipping in 2 weeks. 

 

[TruCoin]

Sure OP.  Post your address.  I'll send you a couple trillion Zimbabwe Dollars. 

They're as imaginary as your ASIC. 


Here's a tip for next time you try to scam people OP:  Atleast take the time to photoshop a fake ASIC.  Or make a youtube video of a bunch of chips supposedly hashing something.

You might get some people to fall for it. 

Or better yet, just rename yourself Butterfly Labs and claim you'll start shipping in 2 weeks. 

 

 ha ha ha ha ha ha BFl update we will start shipping yesterday

[Nolo]

Another scammer just posted a thread and locked it requesting donations, and promising to double the value of those donations and apply as a discount when their ASIC is shipped.

The thread is locked and self-moderated so no one can post warnings to idiots trying to throw away their $ or BTC in that thread.

It's an obvious scam, but not sure if John wants to take the step of deleting the thread yet.  Maybe he should just post a warning in that thread himself.  

Edit: Looks like its unlocked for now.  We'll see if posts warning of the scam start to disappear due to self-moderation.

[ASIC SKY Sebastian]

Well, I didn't expect that kind of shit storm but I can understand your mistrust.
Only three people successfully working on an ASIC doesn't sound very authentic especially considering the costs you have in mind but I think this widely overestimated. I was suprised too that this worked out that well in only one year, but I really don't know what went wrong at BFL and friends. We largely used existing hardware and just assembled it in the right way. Some parts we had to design our selves of cause but this was and still is not a million dollar effort.
And we are talking about "ASIC proof" scrypt algortihm here. In my oppinion the memory related design made it even more easy to build an ASIC because you don't need a extreamly high specialized computing section but the right memory and this is what we've been working on.

Maybe this is not a ASIC in the sence that we placed every single transistor on our own but we assembled something that is definitely specialized on scrypt mining with useable success, so this can't be called a FGPA either.

I agree all this looks quite unorgnized at the moment. And you are right that we didn't prepare a bullet proof launch of all this but please give us some time to provide enough information before labelling us as scammers.
Nobody forces you to donate right away if you have doubts. Just wait before complaining about somethin you have no conception of yet.

[anderl]

Well, I didn't expect that kind of shit storm but I can understand your mistrust.
Only three people successfully working on an ASIC doesn't sound very authentic especially considering the costs you have in mind but I think this widely overestimated. I was suprised too that this worked out that well in only one year, but I really don't know what went wrong at BFL and friends. We largely used existing hardware and just assembled it in the right way. Some parts we had to design our selves of cause but this was and still is not a million dollar effort.
And we are talking about "ASIC proof" scrypt algortihm here. In my oppinion the memory related design made it even more easy to build an ASIC because you don't need a extreamly high specialized computing section but the right memory and this is what we've been working on.

Maybe this is not a ASIC in the sence that we placed every single transistor on our own but we assembled something that is definitely specialized on scrypt mining with useable success, so this can't be called a FGPA either.

I agree all this looks quite unorgnized at the moment. And you are right that we didn't prepare a bullet proof launch of all this but please give us some time to provide enough information before labelling us as scammers.
Nobody forces you to donate right away if you have doubts. Just wait before complaining about somethin you have no conception of yet.

what type of memory are you using QDR++ SRAM or on-die?

[jackjack]

Well, I didn't expect that kind of shit storm but I can understand your mistrust.
Only three people successfully working on an ASIC doesn't sound very authentic especially considering the costs you have in mind but I think this widely overestimated. I was suprised too that this worked out that well in only one year, but I really don't know what went wrong at BFL and friends. We largely used existing hardware and just assembled it in the right way. Some parts we had to design our selves of cause but this was and still is not a million dollar effort.
And we are talking about "ASIC proof" scrypt algortihm here. In my oppinion the memory related design made it even more easy to build an ASIC because you don't need a extreamly high specialized computing section but the right memory and this is what we've been working on.

Maybe this is not a ASIC in the sence that we placed every single transistor on our own but we assembled something that is definitely specialized on scrypt mining with useable success, so this can't be called a FGPA either.

I agree all this looks quite unorgnized at the moment. And you are right that we didn't prepare a bullet proof launch of all this but please give us some time to provide enough information before labelling us as scammers.
Nobody forces you to donate right away if you have doubts. Just wait before complaining about somethin you have no conception of yet.

Again:
You do have a working prototype, could you please post a video of it working?

[MashRinx]

Maybe this is not a ASIC in the sence that we placed every single transistor on our own but we assembled something that is definitely specialized on scrypt mining with useable success, so this can't be called a FGPA either.

Excellent....  Let's see it.

[anderl]

Maybe this is not a ASIC in the sence that we placed every single transistor on our own but we assembled something that is definitely specialized on scrypt mining with useable success, so this can't be called a FGPA either.

[Operatr]

Well, I didn't expect that kind of shit storm but I can understand your mistrust.
Only three people successfully working on an ASIC doesn't sound very authentic especially considering the costs you have in mind but I think this widely overestimated. I was suprised too that this worked out that well in only one year, but I really don't know what went wrong at BFL and friends. We largely used existing hardware and just assembled it in the right way. Some parts we had to design our selves of cause but this was and still is not a million dollar effort.
And we are talking about "ASIC proof" scrypt algortihm here. In my oppinion the memory related design made it even more easy to build an ASIC because you don't need a extreamly high specialized computing section but the right memory and this is what we've been working on.

Maybe this is not a ASIC in the sence that we placed every single transistor on our own but we assembled something that is definitely specialized on scrypt mining with useable success, so this can't be called a FGPA either.

I agree all this looks quite unorgnized at the moment. And you are right that we didn't prepare a bullet proof launch of all this but please give us some time to provide enough information before labelling us as scammers.
Nobody forces you to donate right away if you have doubts. Just wait before complaining about somethin you have no conception of yet.

My bullshit detector is on fire

You are clueless about both mining hardware and business. So you "launch" half cocked with zero actual information or proof claiming a Scrypt ASIC, and then claim it isn't really an ASIC, nor an FPGA (??). And you then have the balls to ask the community for funding on some flimsy premise? You have no website or social connections, and no credibility whatsoever behind you.

You need to provide something real right now or please just stop it. There are quite enough scammer/wannabes on these boards.

[qiuness]

i've sent you 500BTC... will i be the first in line? )

[anderl]

You need to provide something real right now or please just stop it. There are quite enough scammer/wannabes on these boards.

ditto.  youtube video would be nice of the prototype.

[mebezac]

i've sent you 500BTC... will i be the first in line? )

It got stolen by the German Exchange student who said he was installing minecraft on their computers.

[frobley]

unable to spell debt lol

[seleme]

His grammar is last thing I give a flying one about.

[BBQKorv]

What are the specs for your chips? Process node, die size, package, foundry, memory type/speed/amount?

You left all the necessary information out just like a scammer would do, please fix that!