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Author Topic: FPGA Miner Design for Sale to Someone willing to Market It  (Read 8474 times)
V4Vendettas
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September 18, 2011, 10:18:54 PM
 #61

Teraminer, just grab your cell phone and shoot some video of the FPGA in action. If you have one running it shouldnt take 10 minutes of your time. That should be good enough proof to assert you are not just trolling. In theory, it could still be a more elaborate hoax, but I kinda fail to see the point in anyone doing that.

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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nmat
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September 18, 2011, 10:25:57 PM
Last edit: September 19, 2011, 12:26:52 AM by nmat
 #62

Also, I've learned that you miners are a skeptical group.
Maybe you are new here? Everyone at the forums is very suspicious of new services. Say you come up with a simple widget that displays MtGox's price and you announce it here. No one will install it and you will get 5 replies asking for the source code to check that it isn't malicious.

There have been many problems and scams in the Bitcoin world. You have to earn people's trust if you want to be taken seriously.

Gavin Andresen leads the development team of the official client, but I guess that a simple video will do for now.
Transisto
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September 19, 2011, 12:02:10 AM
 #63

Thanks for these recent replies as they highlight a benefit that I had not considered. It seems that not only are the electricity costs a factor but the noise and heat pose significant discomfort to the miners. We would strive for a passive heat sink (no noise) but the 60W estimate for the high-end product may require a fan. We'll see.
This, is what we call spinning.



PS: Nobody gives a freaking shit as to how you're to cool your 60w mythical device.

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September 19, 2011, 12:45:26 AM
 #64

Teraminer, just grab your cell phone and shoot some video of the FPGA in action. If you have one running it shouldnt take 10 minutes of your time. That should be good enough proof to assert you are not just trolling. In theory, it could still be a more elaborate hoax, but I kinda fail to see the point in anyone doing that.

And that would be the end of this thread.

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eldentyrell_old
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September 19, 2011, 02:52:18 AM
 #65

Since we've already established that many people doubt the characteristics of our target product, let's change the discussion

Um...
indio007
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September 19, 2011, 02:53:46 AM
 #66



And that would be the end of this thread.

Thank god , because I was just about to compare the OP to the Nazi's simply to invoke Godwin's Law . Let's kill this farce.
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September 19, 2011, 03:47:58 AM
 #67

My impression so far is that if we build this, it would be significant enough that miners would really go for it.
I'll humor you.

This is your competition. http://bitcointalk.org/index.php?topic=40058.0 180 MH/s, 15 watts, $610.

Yours, 750 MH/s, 15 watts, $370 plus markup, let's say $610.

You are claiming more than 4x the price/performance level. They have several dozen people who put down money for pre-orders. You would sell hundreds, easy, if you could produce them. But you won't, because you're either scamming on purpose, or you've miscalulated ... a lot. It is, without a doubt, too good to be true.

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September 19, 2011, 08:22:09 PM
 #68

I will personally never get into fpga mining. electricity cost for me is $.08/kw/h. Plus I write off electricity for my home business  Grin Grin Grin Grin Grin

good luck unloading fpgas if bitcoins ever die (hopefully not!)

You gotta pay
dinker
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September 19, 2011, 09:06:49 PM
 #69

Teraminer, just grab your cell phone and shoot some video of the FPGA in action. If you have one running it shouldnt take 10 minutes of your time. That should be good enough proof to assert you are not just trolling. In theory, it could still be a more elaborate hoax, but I kinda fail to see the point in anyone doing that.

maybe he doesn't really have a real prototype running yet, it's all in the brains.

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bulanula
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September 19, 2011, 11:33:47 PM
 #70

If this was true then it really would be the holy grail of fpga mining LOL !
TeraMiner (OP)
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September 20, 2011, 12:48:36 AM
 #71

OK. OK. I hear you all loud and clear. Nothing will please this skeptical crowd except for an endorsement from a respected member of the community. I understand and am not offended. I'll switch my focus to people like Gavin tonight to assess the business potential and ultimately get a review of our first prototype. If you like what you see then, maybe you'll decide to buy one. Thanks to those who provided constructive posts on this thread.
rph
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September 20, 2011, 04:13:47 AM
Last edit: September 20, 2011, 04:59:28 AM by rph
 #72

From what I've seen, $375 is not completely out-of-the-question for a mid-range V6 in high vol. But yeah, to be taken seriously, you are going to
have to post a lot more details. Share the mrp/twr like we've been doing here: https://bitcointalk.org/index.php?topic=40047.0

It is not trivial to build a 800MH/s design. In the larger V6 parts, the build times, and routing delays, become rediculous,
at least with the best current public RTL. ArtForz seems to have some secret optimizations, but so far he's not sharing.

-rph

Ultra-Low-Cost DIY FPGA Miner: https://bitcointalk.org/index.php?topic=44891
indio007
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September 20, 2011, 03:26:49 PM
 #73

OK. OK. I hear you all loud and clear. Nothing will please this skeptical crowd except for an endorsement from a respected member of the community a working device for sale at the quoted price.

AH... now it looks better...
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September 20, 2011, 03:40:09 PM
 #74

Wake me up when you posted that video on youtube.

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September 20, 2011, 04:44:53 PM
 #75

So right now it's just vaporware?

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kripz
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September 21, 2011, 02:58:45 AM
 #76

I will buy whatever $600 can get me, for the best performance, whether it's 1 big one or multiple small ones.

EDIT: And provided it's retard friendly.

 Merged mining, free SMS notifications, PayPal payout and much more.
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nmat
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September 21, 2011, 03:06:45 AM
 #77

I will buy whatever $600 can get me, for the best performance, whether it's 1 big one or multiple small ones.

EDIT: And provided it's retard friendly.

If this proves to be true and if he fabricates them (I didn't get it if he is going through with this or not), $600 would barely get you a small one. The prices on the first post are for production. Double that and you get your price.
bulanula
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September 21, 2011, 03:27:56 PM
 #78

This is too good to be true people, wake up. This is like 1000x better than what we already have now. It is impossible.
BombaUcigasa
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September 21, 2011, 09:17:21 PM
 #79

This is too good to be true people, wake up. This is like 1000x better than what we already have now. It is impossible.
Your arguments are bedazzling, I am having the urge to partake in highly stimulating substance abuse to keep up with the complexity and depth of your intricate and extremely valid explanation that analyzes, details and refutes every single information you refer to in such rapid and complete rhetorical performance!!!
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September 21, 2011, 10:20:52 PM
 #80

OK. OK. I hear you all loud and clear. Nothing will please this skeptical crowd except for an endorsement from a respected member of the community. I understand and am not offended. I'll switch my focus to people like Gavin tonight to assess the business potential and ultimately get a review of our first prototype. If you like what you see then, maybe you'll decide to buy one. Thanks to those who provided constructive posts on this thread.


I feel bad for Gavin now....  he is probably getting PM'ed

The gentleman did say they had a working prototype, hell even a couple of pictures would be good enough for me to at least keep interest in this thread.  did someone say vaporware?

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