No dis-respect , but I dont see how an exta 70-105 Mh/s jump per chip is really this valuable? or this dangerous to Bitcoin that it requires this kind of approach.
Honest question here Im not trying to be a smart ass - maybe im missing something - can you explain this to me please?
Thank you
Tom
I will explain. I expect that there's about 5'000-8'000 Spartans in circulation, working "on average" 200 Mh/s - that is 1 - 1.6 Th/s around. Giving it say 270 Mh/s would turn them into 1.35 Th/s to 2.16 Th/s. Say additional 0.35 - 0.56 Th/s to difficulty.
Current network average is about 20.5 Th/s - so added 0.35 - 0.56 Th/s would make +2.4% to 2.7% difficulty increase alone with such disclosure.
Which will cut also directly income from my existing installations of 300 Gh/s - that's DIRECT losses of 150 BTC to end of year :-) So in your offer component it can be reduced. Why I have to help competitors there ?
Then - goes about INDIRECT losses with ongoing ASICs - Tyrell one of not many who invented same tricks in bitstream as I am, he's very smart. But most actually not - i.e. friedcat's chip for example, and likely that BFL chip as well, as their stratixes would work better. So this disclosure would also result that they (and maybe you as well) can catch up and get extra 15-20% performance without doing much - i.e. just rewriting your top-level code and doing re-synthesys.
Then - gained income from today to end of year by Spartan owners by using this bitstream would be in range of 8'000 BTC to 14'000 BTC aggregated. So my offer of 1'500 BTC to 3'000 BTC looks like small share of it. And of course it will drop to zero once gain will be neglible at all and not revenues will be made from board sales anymore + people invest into backwards ASICs masksets.
BTW - also you can use signcrypted Tyrell module :-) He's almost not take charge for it - if I'd were him, I would charge 50% on additional mining generated as that would be more fair compensation. So I suggest to Tyrell to gradually increase commission to at least 30% of additional mining generated. This will be more fair to his efforts even to setup that tricone-mining servers/softwares.
Also - such disclosure would probably make tricone-mining obsolete, and that I don't like as well. He worked really hard on it.
So I think the discussion is quite pointless. As on this forum I see that people like to buy much more promises than real things. And I'm not seller of promises - sorry - you should go to BFL or buy some ASIC bonds :-)))))) Why you have to buy bitstream, if you can buy almost 0.5 Th/s hashing power with that ? :-))))))))))))))))))