CROWD FUNDING ASIC

[Puppet]

. Also, that means, the bitcoin becomes the new driving force for the semiconductor industry,

Ahm, no, not really. I guess my 1000 wafer per day starts at TSMC might have been too conservative as estimate:

For 28nm alone, the foundries had a total capacity of 200,000 wafer starts per month (wspm) by the end of 2012, according to Barclays Capital. In 2013, the foundries are expected to add an additional capacity of 75,000 to 100,000 wspm for 28nm, according to Mike Splinter, chairman and chief executive of Applied Materials.

http://semimd.com/blog/tag/28nm/

My reckoning, bitcoin will account for not much more and possibly much less than 1000 wafers in 2014, on a capacity of almost 4 million wafers. Not gonna make a lot of headlines in silicon processing magazines.

[markm]

Hopefully the mining-ASIC manufacturers will eventually realise that mining is a sucker's game, that their huge farms are obsolete, and realise how much money they missed out on by not pouring out ASICs to suckers in vast, vast quantities much much faster, driving all the conflict-of-interest manufacturers who wasted time and money setting up mining farms of their own into obsolescence...

TL;DR there is reason to sell the damn things quick instead of mining with them, because if someone does mining with them is going to be a white elephant...

(Whereas for mine-at-home folks heating their bathroom floors and heating their houses in the winter and not needing employees and not having to rent datacentre space and so on and so on, all the overheads of a commercial mining operation, mining might still actually make sense.)

Basically the normal return on investments is only maybe 5%, 10% if you are really lucky, so if you can sell the darn things at 10% profit and buy more wafers you could make 10% over and over again adding up to much more than 10% per year by the time you've churned out product for a year...

-MarkM-

[chip_painter]

Hopefully the mining-ASIC manufacturers will eventually realise that mining is a sucker's game, that their huge farms are obsolete, and realsie how much money they missed out on by not pouring out ASICs to suckers in vast, vast quantities much much faster, driving all the conflict-of-interest manufacturers who wasted time and money setting up mining farms of their own into obsolescence...

TL;DR there is reason to sell the damn things quick instead of mining with them, because if someone does mining with them is going to be a white elephant...

(Whereas for mine-at-home folks heating their bathroom floors and heating thei houses in the winter and not needing employees and not having to rent datacentre space and so on and so on, all the overheads of a commercial mining operation, mining might still actually make sense.)

Basically the normal return on investments is only maybe 5%, 10% if you are really lucky, so if you can sell the darn things at 10% profit and buy more wafers you could make 10% over and over again adding up to much more than 10% per year by the time you've churned out product for a year...

-MarkM-

While i was complaining the bitcoin mining wastes too much energy, it is true that a miner is also a heater. I guess a heater with mining capability will be welcomed in northern Europe, or people can replace heaters with mining machines...

[papamoi]

HI Guys

 as everybody should know ,i m trying to make my own asic.But costs of NRE is making things difficult.

Recently i ve been working with a design house who came with the following:
 of an asic based on 65 nm and with a hashing speed of 0.7/0.8 gigahash/sec.

With a QFN package the NRE(design+full mask+packaging+design of pcb) will be around 900 000 on wich we ll get around 120 000 chips .

These chips will give us 84 terahash/sec this mean a our cost for the first 84 terahash will be around 10700 usd and a cost per chip of 7.5 usd/chips.



My idea is the following:


People who are ready to buy the first 84 terahash at the cost price of 7.5 usd/chip or 10700 usd/terahash will have the possibility to order twice the hashing power (in chips) 3 usd/chip or 4280 usd/terahash.

The next sales will be at a discounted price for the first comers and kickstarters.


P.s i ll put myself 20/100 of the amount to get this done.

The design is almost ready and we need now to go to tape-out and have the funds ready as soon as possible.


I m thinking to put this on a crowd funding website to get this done properly so any suggestion at this point would be welcome.


I would prefer to have limited participant in order to get some wholesalers  who then we ll distribute their chips as they like but i don t want to limit anyone in this

Please forward your comment/thought here or thru pm

thanks

Hi guys

the gds is ready and we are ready to tape out

we need around 1000 btc to make this happened

i ve changed the conditions

for one btc(exchange rate based ond 900 us) the crowfunder will get 1800 chips (1.25 terahash)

They will get the right to buy the same amount of chips as the same rate for their next orders.

We will work in the mean time on the pcb design but not before we get the Nre cost financed.

So let s have it done

thanks

[papamoi]

this is the adress where to send the bitcoins

1 btc is the minimum to participate


16VKxHkM8FHnAbyMPvu24QHDRxwCKKzh2n

send your name,email adress and adress with the transactions refence to btccashcom@gmail.com

feel free to pm me

thanks

[filharvey]

HI Guys

 as everybody should know ,i m trying to make my own asic.But costs of NRE is making things difficult.

Recently i ve been working with a design house who came with the following:
 of an asic based on 65 nm and with a hashing speed of 0.7/0.8 gigahash/sec.

With a QFN package the NRE(design+full mask+packaging+design of pcb) will be around 900 000 on wich we ll get around 120 000 chips .

These chips will give us 84 terahash/sec this mean a our cost for the first 84 terahash will be around 10700 usd and a cost per chip of 7.5 usd/chips.



My idea is the following:


People who are ready to buy the first 84 terahash at the cost price of 7.5 usd/chip or 10700 usd/terahash will have the possibility to order twice the hashing power (in chips) 3 usd/chip or 4280 usd/terahash.

The next sales will be at a discounted price for the first comers and kickstarters.


P.s i ll put myself 20/100 of the amount to get this done.

The design is almost ready and we need now to go to tape-out and have the funds ready as soon as possible.


I m thinking to put this on a crowd funding website to get this done properly so any suggestion at this point would be welcome.


I would prefer to have limited participant in order to get some wholesalers  who then we ll distribute their chips as they like but i don t want to limit anyone in this

Please forward your comment/thought here or thru pm

thanks

Hi guys

the gds is ready and we are ready to tape out

we need around 1000 btc to make this happened

i ve changed the conditions

for one btc(exchange rate based ond 900 us) the crowfunder will get 1800 chips (1.25 terahash)

They will get the right to buy the same amount of chips as the same rate for their next orders.

We will work in the mean time on the pcb design but not before we get the Nre cost financed.

So let s have it done

thanks

So what does this mean for a timeline? When would the chips be available. What would be the extra cost once you have the chips to get onto a pcb so that I could use?

Phil

[papamoi]

pcb costs would be usually the same as the chip costs

so let say you ll have to add the same amount to get your pcb

i ll be able to provide more accurate number while i ll get the specs of the chip

thanks

[filharvey]

pcb costs would be usually the same as the chip costs

so let say you ll have to add the same amount to get your pcb

i ll be able to provide more accurate number while i ll get the specs of the chip

thanks

So 1 btc now, for chips, 1 btc for PCB's in x weeks. For working boards.

And what is the number of weeks? 10, 20?

Phil

[papamoi]

if we get the funds

it would be less then 10 weeks....

[filharvey]

Well if you get close to your funding requirement I will put a couple of coins in, but need to see how your funding goes first.

Phil

[papamoi]

i ll lock this thread as i ve got adjusted info from the ic house and unfortunately we ll have less chips by wafer

so i ll need to run my calculation again to get the cheapest cost possible and give every one chips at fab costs.


thanks