[ANN] Fibonacci Info and questions

[jfglassworks]

Soon....

The crypto frenzy going on shows that "Soon" is never fast enough....

And I'm also awaiting a place to sign up. Impatiently, but I'm waiting. 

[1714825768]

1714825768

[1714825768]

1714825768

[1714825768]

1714825768

[jasinlee]

Yeah, it is going nuts, then overstock announced they are going to accept it.

[Dabs]

72 watts = 16,000 KH/s = ? How much ? I'd like to buy 10 units please.

[jasinlee]

Alright guys, we will now start taking questions from the peanut gallery! The questions will be sent to our engineering team, if the question doesnt touch on something sensitive with regards to the IP, then I will post the QA here on the forum. You can also ask here, and I will forward them onward.

admin@scryptasics.com

[Tomatocage]

Just trying to make sure I have the math right. So the fastest model you'll have puts down 36 MH/s for ~$30K USD yah? That's 1764 LTC at current exchange rate (~$17/LTC), and plugging in the 36 MH/s into a calculator I'm coming up with 11.2 LTC per day, or (assuming no change in difficulty or exchange rate) 157 days until ROI. Am I calculating something wrong?

[jasinlee]

A side note most people didnt seem to notice, we will be giving a 10% discount to anyone paying in LTC. As for addressing market value at any given time, we will charge based on LTC/USD or BTC/USD or whatever other crypto we choose to accept. But the cost in btc/ltc/whatever will not impact our pricing beyond our automated checkout changing numbers as we go.

Alright guys, we will now start taking questions from the peanut gallery! The questions will be sent to our engineering team, if the question doesnt touch on something sensitive with regards to the IP, then I will post the QA here on the forum. You can also ask here, and I will forward them onward.

admin@scryptasics.com

Send your inquiries here with any technical questions, anything we can answer comfortably we will post here.

Also, on the OP we have added the model names of the 3 variants we will sell initially and chip numbers per pcb. We will attempt to finish 2 more variants before shipping.

[haggis]

Is it possible to point the device to different coins at the same time to split its power? This would be nice expecially for new coins / underdog coins with low hashrates.

[Dabs]

Using this:

0.90$ with 10% discount if paying in LTC at 960 kh/s per chip.

I get this:
Recursion 1 = 960 KH/S = 777.60 USD in LTC/BTC/Other Crypto?
Axiom 16 = 15,360 KH/s = 12,441.60 USD in LTC/BTC/Other Crypto?
Epsilon 32 = 30,720 KH/s = 24,883.20 USD in LTC/BTC/Other Crypto?

Is that correct? Are prices likely to come down or go up?

When are these available for hosted mining at your place?
When are these available for personal use shipped to our own locations?

I primarily want them for another alt-coin.

[jasinlee]

Using this:

0.90$ with 10% discount if paying in LTC at 960 kh/s per chip.

I get this:
Recursion 1 = 960 KH/S = 777.60 USD in LTC/BTC/Other Crypto?
Axiom 16 = 15,360 KH/s = 12,441.60 USD in LTC/BTC/Other Crypto?
Epsilon 32 = 30,720 KH/s = 24,883.20 USD in LTC/BTC/Other Crypto?

Is that correct? Are prices likely to come down or go up?

When are these available for hosted mining at your place?
When are these available for personal use shipped to our own locations?

I primarily want them for another alt-coin.

They wont go up, either stay the same or go down. We dont want to price them out of range of the normal every day guy.
So yes that is correct give or take a small amount (I am not going to check your math but it looks good at first glance)

When production is complete we should have them hosted and mining inside of a few days. Shipping is another story, we will be waiting for competition to crop up. Once they do we will begin shipping them the same day/week/whatever. They will work other alts.

[FiatKiller]

Will we be able to pay with a mixture of BTC & LTC(no discount)?

That would work best for me...

[jasinlee]

Will we be able to pay with a mixture of BTC & LTC(no discount)?

That would work best for me...

Nope, we will be handling sales through our website which will be working on a shares type system for the checkout (too complicated to explain) but it wont do both at once.

[jasinlee]

A couple of questions:
1. Are your ASIC estimates scaled up estimates based on real measurements of smaller prototypes or is it purely theoretical at this point?
2. How did you get to the Altera FPGA estimates?
3. I could imagine you develop on FPGA's first to put the design into (digital) ASIC later or something, is this how your engineers went about?
4. Why Altera FPGA's as a comparison and not one of the many other brands? Have you considered significant differences (advantage/disadvantage) of implementing on other FPGA brands?
5. Since in this business time-to-market is very important, why don't you go for FPGA implementations at first? Isn't the development time for FPGA based designs much shorter?

PS: if this is not the first time one of my questions pops up I apologize in advance. I haven't read all of the thread yet...

1. Are your ASIC estimates scaled up estimates based on real measurements of smaller prototypes or is it purely theoretical at this point?

They are scaled up estimates based upon the Stratix V pictured in the OP.

2. How did you get to the Altera FPGA estimates?

Timing analysis. We also benchmarked out miner against the open source miner kramble supplied and came to the conclusion that it is faster and requires less silicone area. This is mainly because we share some operations between cores. Krambles work is in another section of this forum, it is tested, proven and well documented. I would recommend using it to other companies too.

3. I could imagine you develop on FPGA's first to put the design into (digital) ASIC later or something, is this how your engineers went about?

FPGA mining could not go below 1.5$ per khs, we completed our FPGA miner, if you do not buy en masse then that figure goes to 4$ / khs. I do not think anyone would buy that.
We considered using Artix 7, but it only supports DDR3 400MHz, this made it unusable.

4. Why Altera FPGA's as a comparison and not one of the many other brands? Have you considered significant differences (advantage/disadvantage) of implementing on other FPGA brands?

There is no difference between Artix 7 and Cyclone V FPGAs for cheap FPGA miners and Virtex 7 and Stratix V FPGAs for ASIC prototyping. And we have one of Altera's field application engineers on our team, so device choice was straightforward.

5. Since in this business time-to-market is very important, why don't you go for FPGA implementations at first? Isn't the development time for FPGA based designs much shorter?

Yes, and we have them done already. But the $/khs is not practical. Unless you are using aftermarket FPGAs or own the facilities, there is little point in producing hundreds or thousands of FPGAs no one will buy.

[haggis]

Since I didn't get an answer yet, I repeat my question:

Is it possible to point the device to different coins at the same time to split its power? This would be nice expecially for new coins / underdog coins with low hashrates.

[jasinlee]

Since I didn't get an answer yet, I repeat my question:

Is it possible to point the device to different coins at the same time to split its power? This would be nice expecially for new coins / underdog coins with low hashrates.

Technically it should but we have not tried yet.

[Blazed]

Be sure to take your sweet time getting these created/rolled out.  My GPU's are and have been killing!

[Wipeout2097]

PSU 150$ for 4x 280x ? please tell me where? for 280x x4 u need atleast 1200 WATT with other parts..

No, you do not. You need 900W to 1KW for 4 undervolted 4x 280x if you KNOW PSU's. It's just that nobody really does. A basic 650W Corsair VS can handle a 7970, a 6950 and a 7870. Is this "shoehorning" recommended for the average gamer/user/miner? Of course not!

[Starlightbreaker]

PSU 150$ for 4x 280x ? please tell me where? for 280x x4 u need atleast 1200 WATT with other parts..

No, you do not. You need 900W to 1KW for 4 undervolted 4x 280x if you KNOW PSU's. It's just that nobody really does. A basic 650W Corsair VS can handle a 7970, a 6950 and a 7870. Is this "shoehorning" recommended for the average gamer/user/miner? Of course not!

]

currently running 5 gpus with 850w power supply, and it has been a few months.

top lel

[coins101]

Be sure to take your sweet time getting these created/rolled out.  My GPU's are and have been killing!

Are you running the GPUs at a facility on the side or at a business that doesn't mind? Running a larger number of GPUs and not being concerned by potentially more efficient options is annoying - but big-up to you if you are doing it and not picking up the power tab!

[jasinlee]

850w on 5 gpus, geez that is going to get toasted.

[FiatKiller]

850w on 5 gpus, geez that is going to get toasted.

the exact cgminer settings are a BIG factor, so maybe he is not getting max out like 750kHs on a 7970