CROWD FUNDING ASIC

[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

[Tafelpoot]

Dear bitcointalkers,

after having and hear about issues with several exchanges:

we are studying the possibility to start one with the maximum services/features we can offer.

So i m trying to have a number of people who will be interested in using our services and if you have suggestion also of services you would like to have in it

thanks

So you started working on a currency exchange 4 days ago and now you're also building an ASIC. Impressive.
How old are you? 12?

[Operatr]

You might try presenting something that looks like an actual business plan opposed to a vague post. "Hi guys I want to build an ASIC please supply money and I'll figure out the rest" isn't good enough.

[papamoi]

Dear bitcointalkers,

after having and hear about issues with several exchanges:

we are studying the possibility to start one with the maximum services/features we can offer.

So i m trying to have a number of people who will be interested in using our services and if you have suggestion also of services you would like to have in it

thanks

So you started working on a currency exchange 4 days ago and now you're also building an ASIC. Impressive.
How old are you? 12?

COMING  from a guy who 48 as activity i m very impressed by you

(LOL)

[papamoi]

You might try presenting something that looks like an actual business plan opposed to a vague post. "Hi guys I want to build an ASIC please supply money and I'll figure out the rest" isn't good enough.

Well just ask questions you ve need to get answered and i ll reply my best

[Welsh]

Dear bitcointalkers,

after having and hear about issues with several exchanges:

we are studying the possibility to start one with the maximum services/features we can offer.

So i m trying to have a number of people who will be interested in using our services and if you have suggestion also of services you would like to have in it

thanks

So you started working on a currency exchange 4 days ago and now you're also building an ASIC. Impressive.
How old are you? 12?

COMING  from a guy who 48 as activity i m very impressed by you

(LOL)

Activity doesn't mean that he isn't right. I'm not saying he's right or wrong about what he stated. But, I do believe you need to focus on one thing at a time unless you have partners which can lend a hand. Focusing on more than one thing can cause problems with both projects. You need to seriously consider the pros and cons of this.

If you have, then you need to try to persuade people rather than giving them a vague post. If you go into detail you will receive a lot more attention. Most people see this and leave the page without even reading past the second line. Because, it doesn't look professional enough (Judging this on the amount of reviews VS Replies).



This could be good. If you don't good the same path as BFL and companies like that.

[VeeMiner]

where can I send the bitcoins to? seems like a great business plan. Just disregard AM, Avalon, BFL, Cointerrra, KnCMiner and Hashfast, they are suckers

[papamoi]

where can I send the bitcoins to? seems like a great business plan. Just disregard AM, Avalon, BFL, Cointerrra, KnCMiner and Hashfast, they are suckers

this is a partnership and we ll need to find the right place where the amount will be collected ,secured etc.
no question of btc at this time ,we are speaking in term of fiat as this is what it is needed to make achieve this project

btw,we have the ability to achieve this alone but we prefer to share the risk.


regarding the exchange project we have hire another team wich is working on this also,there is no difficulties in starting managing two or more projects in once .

if people are not interested then we ll go by our own and take 100% of the risk and reward.

just FYI my project have been delayed because of bitfury:

i ve got a comitment from him on his chips in april so i put my project on hold.when his chips were ready he decided not to fullfil his comitment this is the reason we have been late for this.


my english is very limited and i ll  be happy to someone with good english to prepare the contract/comitment for people who are interested in this project

the difference here with the other project is that you ll be considered as partners not customers.

i ve replied to some of the questions in hardware sections

thanks

[hasher87]

where can I send the bitcoins to? seems like a great business plan. Just disregard AM, Avalon, BFL, Cointerrra, KnCMiner and Hashfast, they are suckers

[papamoi]

For people who are interested ,

a draft of the layout of the chip

[bobboooiie]

almost all ASIC companies are crowd funded by "us" unfortunately...

[Justin00]

are you the guy who got scammed like $20-40k ( i can't remember ) on the "bitcoin machine" that everyone told you not to buy, but you bought it anyways ? if so... did you ever get your money back ?

[papamoi]

are you the guy who got scammed like $20-40k ( i can't remember ) on the "bitcoin machine" that everyone told you not to buy, but you bought it anyways ? if so... did you ever get your money back ?

unfortunately nothing came back until now it was around 48k

[canth]

are you the guy who got scammed like $20-40k ( i can't remember ) on the "bitcoin machine" that everyone told you not to buy, but you bought it anyways ? if so... did you ever get your money back ?

unfortunately nothing came back until now it was around 48k

Does that mean something came now? Or that nothing ever came?