Bitcoin Forum
February 25, 2020, 03:26:29 AM *
News: Latest Bitcoin Core release: 0.19.0.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 [13] 14 »  All
  Print  
Author Topic: [ANN] OpenBitASIC : The Open Source Bitcoin ASIC Initiative  (Read 50669 times)
uuidman
Full Member
***
Offline Offline

Activity: 121
Merit: 100


View Profile
June 28, 2012, 05:06:46 PM
 #241

I wonder what BFL heading for per chip vs this project. Jalapeno is 3,5Gh and single SC 40GH/s that could be 2x20Gh chips in the same power range, around 40w if 3,5Gh draws 3.5-4.5 w from usbport. But that also imply disabled areas (or lower quality chips) or downclocked to a 1/5th. The other alternative would be a 4Gh chip and in the single 10x of that.
Nah, dont seems reasonable, should be a lot more expensive I guess.
1582601189
Hero Member
*
Offline Offline

Posts: 1582601189

View Profile Personal Message (Offline)

Ignore
1582601189
Reply with quote  #2

1582601189
Report to moderator
1582601189
Hero Member
*
Offline Offline

Posts: 1582601189

View Profile Personal Message (Offline)

Ignore
1582601189
Reply with quote  #2

1582601189
Report to moderator
1582601189
Hero Member
*
Offline Offline

Posts: 1582601189

View Profile Personal Message (Offline)

Ignore
1582601189
Reply with quote  #2

1582601189
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1582601189
Hero Member
*
Offline Offline

Posts: 1582601189

View Profile Personal Message (Offline)

Ignore
1582601189
Reply with quote  #2

1582601189
Report to moderator
||bit
Hero Member
*****
Offline Offline

Activity: 798
Merit: 506


CurioInvest [IEO Live]


View Profile
June 28, 2012, 06:29:16 PM
 #242

I wonder what BFL heading for per chip vs this project. Jalapeno is 3,5Gh and single SC 40GH/s that could be 2x20Gh chips in the same power range, around 40w if 3,5Gh draws 3.5-4.5 w from usbport. But that also imply disabled areas (or lower quality chips) or downclocked to a 1/5th. The other alternative would be a 4Gh chip and in the single 10x of that.
Nah, dont seems reasonable, should be a lot more expensive I guess.

I don't know that it matters a great deal. The hashing costs and required energy are low for both. The advantage of the open project might be that they either make things competitive and  this drives price down, or that they are more alturistic to the community and reduce the cost to very low to those that want to buiold their own boards...and sell them bulk chips.

Once initial costs haver been paid for, how much do you think it costs to make a chip in a Jalapeno, for example, to generate the 3.5GH? Let's say they are using just one chip. Is it $5? The open asic project/initiative as way to really drive down these costs substantially.

All in all...it won't really matter too much after another year. Like they said, asic is the endgame technology, or at least for as far as we can see. And considering that everyone has a certain amount they are willing to invest in hardware for mining... I thnk that last point is the real endgame factor on how profitable things will be for individual mining. Btc will be divided proportionally. Now is only a time to try to get a boost ahead of the curve by simply making enough to re-invest into hardware later.

||bit

                       ░▒▒▒▒▒▒▒▒▒▒▒▒▒░░                                        
              ░░▒▓▓███▓▓░░████████████████▓░                                   
          ░▓▓▓▒██████████░ ███████████████████▒                                
       ░▓██▒░  ███████████▓ ▒███████████████████▓▓▓▓▓████▓▓                    
  ▒▓▓▓██▒     ████████   ▒██░ ██████████▓▒░      █████████████████▓▓▒░         
 ▓█▒░░        ▒▒▓▓▓▓▓▓  ░▒███░ ▓▓▓▒░░   ░░▒▒▓▓███▓▓▓▓▓▓▒▒       ░▒▓███████▓▒░  
 █                                               ░▒▒▓▓██████████▓▒░░░▒▓██████▓█
 █▒  ▒▓▓▒░▒▓█▓▓▓▒▒▒▒░░                                    ░▒▓▓████████▓▓▒░   ▒█
 ░█ ▒████▓  ▒▒░▒▒▓▓▓▓██████████▓▓▓▒▒▒░                            ░▒      ░▓██ 
  ▒███▒▓▓██  ░              ▒░░█████▓▓▓▓██▓▓▒▒▒▒▓▓▓▓▓▒▒░░          ░░ ▓██████▓▓▒
    ▓█▓▓▒▓█▓ ▒              ▒▒▓███  ███████████▓▓█▓░░▒▒░░░  ▓███████▓████████ ▓█
     ░█  ▓██▓▒░░▒▓▓▓▓▓████████▓░   ████▒▒▓▓▓▓██████      ░ ████████▒█████▓▒  ▒█
      ▓▓▓▓████▓▒░░                ▒███ ░███▓█▓▓████░    ▓ ████████▓▓█▓▒    ▓▓▓ 
      ░▓█████▓▒▓██████▓▒░         ▒██▓ ██▒  ██▓▓████    ▒  ░            ▒██▒   
        ░▒         ░▒▓█████████▓▒  ██▒ █▓    ██▒█████    ▒▒▒░░░▒░░░█▓▒▓██▓     
                          ░▒▓█████████ ██    ▓█▒█████▓             ░▓██▓       
                                  ░▒▓█▓ ██ ░▒██░██████▓  ▒▒▒░   ▒▓███▒         
                                      █▓▒▓████░▓████▓ ▓▓▓██████████░           
                                       ▓█▓▓▓▓▓█████▓          ░▒▒              
                                         ▒▓▓██▓▒░                              
                                                                               
|
|

█████████████████████████
██ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ██
██ ███████████▀     ██ ██
██ ██████████▌   ▄▄▄██ ██
██ ██████████   ██████ ██
██ ███████          ██ ██
██ ███████▄▄▄   ▄▄▄▄██ ██
██ ██████████   ██████ ██
██ ██████████   ██████ ██
██ ██████████   ██████ ██
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

█████████████████████████
██ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ██
██ █████████████▀█████ ██
██ ███ ▀█████▀      ▀█ ██
██ ███     ▀▀      ▐██ ██
██ ███▌            ███ ██
██ ████▌          ▄███ ██
██ ██████       ▄█████ ██
██ ████▄▄▄▄▄▄▄████████ ██
██ ███████████████████ ██
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

█████████████████████████
██ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ██
██ ████████████▀▀▀████ ██
██ ████████▀▀     ████ ██
██ █████▀    ▄▀  ▐████ ██
██ ██▀     ▄▀    ▐████ ██
██ ████▄▄ █▀     █████ ██
██ ██████ ▄▄█   ▐█████ ██
██ ████████████ ██████ ██
██ ███████████████████ ██
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
|
Whitepaper
Ann Thread
Bounty Thread
matthewh3
Legendary
*
Offline Offline

Activity: 1372
Merit: 1000



View Profile WWW
June 29, 2012, 06:09:33 PM
 #243

This project aims to the design, manufacture and selling, of an open source ASIC for bitcoin mining.

Roadmap proposal :

1. Registering company in a business friendly and open jurisdiction, with near access to ASIC manufacturers (e.g. HK, Singapore). The company will be in charge of comissioning the manufacture and further selling of ASIC's.

2. Open calling to ASIC designers and ASIC design companies. All the design steps will be open sourced. Design will be peer reviewed and proposed improvements will be made before next step.

3. Manufacture testing, thru a small quantity manufacture. Testing and improving design.

4. Production manufacture, first round.

5. Selling to miners.

6. Improvements, changes, etc.

7. Further manufacture rounds.


UPDATE April 26 : Company registration in process in Hong Kong. Jason is working on the preliminary design.
  

UPDATE June 29 HuhHuhHuhHuhHuh

So you can beat BFL on price or efficiency or both?

rjk
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250


1ngldh


View Profile
June 29, 2012, 06:12:02 PM
 #244

Why are you so impatient?

Mining Rig Extraordinaire - the Trenton BPX6806 18-slot PCIe backplane [PICS] Dead project is dead, all hail the coming of the mighty ASIC!
matthewh3
Legendary
*
Offline Offline

Activity: 1372
Merit: 1000



View Profile WWW
June 29, 2012, 06:14:37 PM
 #245

Why are you so impatient?

Because I'm tempted to buy a BFL-Single-FPGA for my GLBSE listed mining company RSM to increase profits and then trade in for an ASIC but I really like this project.  So I want to know if it's worth holding off that BFL-Single-FPGA purchase.

Gomeler
Hero Member
*****
Offline Offline

Activity: 697
Merit: 500



View Profile
June 29, 2012, 06:55:54 PM
 #246

Why are you so impatient?

Because he's incredibly spastic. Just check out his mining company.
matthewh3
Legendary
*
Offline Offline

Activity: 1372
Merit: 1000



View Profile WWW
June 29, 2012, 06:59:54 PM
 #247

Why are you so impatient?

Because he's incredibly spastic. Just check out his mining company.

The mining company is doing just fine.  We have purchased over $2,000 of FPGA's have well over a 100btc saved and are now making are biggest profits to date.

Tyger
Full Member
***
Offline Offline

Activity: 140
Merit: 100



View Profile
June 29, 2012, 08:14:24 PM
 #248

$2,000 is nothing compared to some advanced miners.
matthewh3
Legendary
*
Offline Offline

Activity: 1372
Merit: 1000



View Profile WWW
June 29, 2012, 08:20:39 PM
 #249

$2,000 is nothing compared to some advanced miners.

Yeah but at the moment we're earning 0.003611111btc a week per share and have 110btc towards another miner to increase that.  If we bought a BFL-Single now we could pay a 0.0050btc a week dividend.  Which isn't bad considering the original IPO was 0.30btc per share.

sadpandatech
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500



View Profile
June 29, 2012, 09:26:41 PM
 #250

$2,000 is nothing compared to some advanced miners.

Yeah but at the moment we're earning 0.003611111btc a week per share and have 110btc towards another miner to increase that.  If we bought a BFL-Single now we could pay a 0.0050btc a week dividend.  Which isn't bad considering the original IPO was 0.30btc per share.

aye, at about 62.5% per year that would be one of the highest mining company payouts. At last check, maybe a month ago or so, the average mining company was paying like 30-40% anually.


Can we get back on topic though?  Did the legal entity for this get registered? Are there any software simulations of anything at this point? Any more talk happening about an IPO or bond setup to support this?

cheers

If you're not excited by the idea of being an early adopter 'now', then you should come back in three or four years and either tell us "Told you it'd never work!" or join what should, by then, be a much more stable and easier-to-use system. - GA
It is being worked on by smart people. -DamienBlack
jjshabadoo
Hero Member
*****
Offline Offline

Activity: 535
Merit: 500



View Profile
July 01, 2012, 02:12:08 AM
 #251

I really wish I knew jack about these ASICS. I swear to god there has to be a way to just f'in get this done. There are about ten different business models we could use that would be a win for everyone involved as opposed to just one monopolistic player like we have now.

If the community could come together and do this ASIC thing right, we could have a petahash going in no time and everyone could get a reasonable profit out of it.

Put it all on P2Pool and boom, mining is all set and we can all just focus on bitcoin adoption.
BlackPrapor
Hero Member
*****
Offline Offline

Activity: 625
Merit: 500



View Profile
July 05, 2012, 03:36:54 PM
 #252

I really wish I knew jack about these ASICS. I swear to god there has to be a way to just f'in get this done. There are about ten different business models we could use that would be a win for everyone involved as opposed to just one monopolistic player like we have now.

If the community could come together and do this ASIC thing right, we could have a petahash going in no time and everyone could get a reasonable profit out of it.

Put it all on P2Pool and boom, mining is all set and we can all just focus on bitcoin adoption.
Good idea. Have a team of experts in each area required. Come up with some real design, produce and sell to those who invested time/efforts at its cost. Competition is always good, and this time Bitcoin just might be in short for that. If everyone in community is involved, then it might have enough funds.

There is no place like 127.0.0.1
In blockchain we trust
jjshabadoo
Hero Member
*****
Offline Offline

Activity: 535
Merit: 500



View Profile
July 07, 2012, 10:41:23 PM
 #253

There are plenty of people here already who know so much about this technology. I have been privately talking to a few which typically implies there are many more, probably A LOT more including lurkers.

We're starting to talk about a nearly 70 million dollar economy now. I know this is probably less than a day's overnight lending interest for a large banking institution, but it IS significant.

It is significant enough beyond the monetary value(hahahaha speaking like USD has value) that I believe the community should galvanize around what we believe to be a likely endgame for the mining piece of bitcoin.

Which is we all think about it, is simply the birth of this whole idea. Once all the coins have been born, then life really starts.

I just want to see a healthy baby be born.
Raize
Donator
Legendary
*
Offline Offline

Activity: 1417
Merit: 1008


View Profile
July 16, 2012, 09:32:20 PM
 #254

At least some of us lurking really are lurking though. Tongue

OrganofCorti's Neighbourhood Pool Watch - The most informative website on blockchain health
rjk
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250


1ngldh


View Profile
July 16, 2012, 09:37:39 PM
 #255

At least some of us lurking really are lurking though. Tongue
Funny, I was just about to post here for an update.

Mining Rig Extraordinaire - the Trenton BPX6806 18-slot PCIe backplane [PICS] Dead project is dead, all hail the coming of the mighty ASIC!
jjshabadoo
Hero Member
*****
Offline Offline

Activity: 535
Merit: 500



View Profile
July 18, 2012, 07:33:54 PM
 #256

Looks like this project isn't moving much right now, rather unfortunate.

Maybe I should do PR and customer service for hardware vendors who are developing bitcoin products...hahaha.

Hopefully this project gets an update soon.
BR0KK
Hero Member
*****
Offline Offline

Activity: 742
Merit: 500



View Profile
July 18, 2012, 08:04:40 PM
 #257

We demand new information Cheesy

Tyger
Full Member
***
Offline Offline

Activity: 140
Merit: 100



View Profile
August 10, 2012, 06:51:23 PM
 #258

Any updates on this? its bin a while and BFL's asic launch is comming soon, i hope there will be some concurention.
gusti
Legendary
*
Offline Offline

Activity: 1101
Merit: 1000


View Profile
August 22, 2012, 07:39:42 PM
 #259

Hello :

Sorry for the lack of fresh news lately. We are still trying to figure out a good partner for the ASIC's fabrication process.
We are currently negotiating what could be a good deal, both on NRE and per chip costs, with a China based company.
Anyway, until we have the exact quote from them, we cannot say much more.
In the meantime, Jason is finished with 95% of design and company is already setup in Hong Kong jurisdiction.

If you don't own the private keys, you don't own the coins.
Portnoy
Legendary
*
Offline Offline

Activity: 2030
Merit: 1000

My money; Our Bitcoin.


View Profile
August 22, 2012, 07:46:54 PM
 #260

Thanks for the update.   Smiley
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 [13] 14 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!