Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 174. (Read 479317 times)

Quote from: VinceSamios on August 07, 2013, 01:59:05 PM

OT..I know
Will check this out - how long did L2 take? I assume you need to scan drivers license, electric bill, etc?

L2 is online. You just confirm some things from your credit report and you're done.

It does sometimes take a while to transfer. For example, I'll buy, then transfer, but it doesn't hit the network for up to 1 hour. I contacted support and they said that is fixed. Let me know how it works for you.

No, that is L1, (confusing, because they call the first level L0, which is no verification)

L1 is Verify e-mail, verify phone, and verify bank account (the last takes about 3-5 days, you must report the results of 2 or 3 ACH deposits, just like paypal verification)

L2 (which is up to 50BTC per day, INSTANTLY {literally, it took me 6 seconds the first time, and 8 the second, with the withdrawals to any wallet address taking no more than 10 minutes to hit the first confirmation}) takes a 30 day wait (after your first order @ L1 with no issues) and the credit report verification.

so if you just get an account now... you are talking 4-5 weeks to L2

EDIT: I guess you are actually talking about L2, but only if you have already had an account, got L1, and already ordered over 30 days ago is it that simple.

Note: If you are in Alaska, Western Washington, or High Desert Region California (All are locations near my credit union branches); OR near any CU Service Centers member Credit Unions; I can most likely facilitate a BTC sale quickly via cash deposit to my account for a modest fee, with BTC in escrow by either highly-regarded escrow provider on these forums. Availability limited to me not being at my "day job" and the daily coinbase limit.

crumbs

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Does this help? http://www.easic.com/migration-to-cell-based-asic/migration-to-cell-based-asic-overview/
Edit: also first part of http://www.easic.com/high-speed-transceivers-low-cost-power-fpga-nre-asic-45nm-easic-nextreme-2/etools-design-software/
Edit2: Honest-to-gosh engineers will shoot me for this, but i see it as an ASIC written in a high-level language, with plenty of deadwood code & sub-optimal layout, as opposed to being hand-coded in machine language. ROM Basic vs x86 asm Cheesy

N_S

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Can somebody explain to me the suggestion that a "28nm ASIC" is basically just a 28nm FPGA... I read the eASIC press release to mean they've simplified the process of designing ASIC's to a level on par (in simplicity terms) to coding an FPGA? In other words "We've got software which basically designs the ASIC for us, based on an algorithm" rather than "our 28nm asic's are actually fpga's"

Maybe I'm missing the point here, but a 28nm ASIC is an ASIC... There's absolutely no way anyone could get 16GH on an FPGA chip, or even a semi-FPGA chip (whatever that is). If we compare the "real 65nm ASIC" produced by BFL, at 4.5GH, with the apparently "not real 28nm ASIC" running at 16GH, by your suggestion the concept that a 28nm chip can hash at 16GH is impossible.

I'll freely admit I'm not an engineer, but I am a logical person, I code, and I understand the concepts and differences between FPGA's and ASIC's. What's being suggested simply doesn't compute.

This is a fantastic question.

+1

VinceSamios

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Can somebody explain to me the suggestion that a "28nm ASIC" is basically just a 28nm FPGA... I read the eASIC press release to mean they've simplified the process of designing ASIC's to a level on par (in simplicity terms) to coding an FPGA? In other words "We've got software which basically designs the ASIC for us, based on an algorithm" rather than "our 28nm asic's are actually fpga's"

Maybe I'm missing the point here, but a 28nm ASIC is an ASIC... There's absolutely no way anyone could get 16GH on an FPGA chip, or even a semi-FPGA chip (whatever that is). If we compare the "real 65nm ASIC" produced by BFL, at 4.5GH, with the apparently "not real 28nm ASIC" running at 16GH, by your suggestion the concept that a 28nm chip can hash at 16GH is impossible.

I'll freely admit I'm not an engineer, but I am a logical person, I code, and I understand the concepts and differences between FPGA's and ASIC's. What's being suggested simply doesn't compute.

piecinitup

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Quote from: adub on August 07, 2013, 01:19:56 PM

OT..I know
Will check this out - how long did L2 take? I assume you need to scan drivers license, electric bill, etc?

L2 is online. You just confirm some things from your credit report and you're done.

It does sometimes take a while to transfer. For example, I'll buy, then transfer, but it doesn't hit the network for up to 1 hour. I contacted support and they said that is fixed. Let me know how it works for you.

I wish I would have L2, I bought btc on July 7th but in the middle of the month I accidentally tried purchasing some thinking the money would be in my account in time and sure enough it wasn't so I had the bank removed and I had to start my 30 days over.

Are divs being paid today or is it always gonna be Friday from now on?

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OT..I know
Will check this out - how long did L2 take? I assume you need to scan drivers license, electric bill, etc?

L2 is online. You just confirm some things from your credit report and you're done.

It does sometimes take a while to transfer. For example, I'll buy, then transfer, but it doesn't hit the network for up to 1 hour. I contacted support and they said that is fixed. Let me know how it works for you.

N_S

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Quote from: adub on August 07, 2013, 01:06:32 PM

Quote from: SamuelSG on August 07, 2013, 10:33:47 AM

Quote from: neilol on August 07, 2013, 08:33:10 AM

Whole market is taking a hit today - if it didnt take 5 days to turn fiat into bitcoin id be xfering in more

I feel bad for you, I finally got my L2 Confirmation from CoinBase a couple weeks ago, really loving the 50BTC per day available in my wallet in 6 seconds...

Hell, they dont even know if there is money in my account when they let me walk off with $5k in coin, I could technically turn fiat to coin in -2 days Wink

Too risky of course, and I know for a fact that they have more personal info on me than the IRS & SSA, so definitely wouldn't want to get caught on the wrong end of a deal like that Roll Eyes

Highly recommend their service.

+1 same here!

OT..I know
Will check this out - how long did L2 take? I assume you need to scan drivers license, electric bill, etc?

Nope. It took all of maybe 5min as I recall. Simply answer a string of questions about things like previous residences, etc. and you're done.

neilol

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Quote from: adub on August 07, 2013, 01:06:32 PM

Quote from: SamuelSG on August 07, 2013, 10:33:47 AM

Quote from: neilol on August 07, 2013, 08:33:10 AM

Whole market is taking a hit today - if it didnt take 5 days to turn fiat into bitcoin id be xfering in more

I feel bad for you, I finally got my L2 Confirmation from CoinBase a couple weeks ago, really loving the 50BTC per day available in my wallet in 6 seconds...

Hell, they dont even know if there is money in my account when they let me walk off with $5k in coin, I could technically turn fiat to coin in -2 days Wink

Too risky of course, and I know for a fact that they have more personal info on me than the IRS & SSA, so definitely wouldn't want to get caught on the wrong end of a deal like that Roll Eyes

Highly recommend their service.

+1 same here!

OT..I know
Will check this out - how long did L2 take? I assume you need to scan drivers license, electric bill, etc?

adub

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Quote from: SamuelSG on August 07, 2013, 10:33:47 AM

Quote from: neilol on August 07, 2013, 08:33:10 AM

Whole market is taking a hit today - if it didnt take 5 days to turn fiat into bitcoin id be xfering in more

I feel bad for you, I finally got my L2 Confirmation from CoinBase a couple weeks ago, really loving the 50BTC per day available in my wallet in 6 seconds...

Hell, they dont even know if there is money in my account when they let me walk off with $5k in coin, I could technically turn fiat to coin in -2 days Wink

Too risky of course, and I know for a fact that they have more personal info on me than the IRS & SSA, so definitely wouldn't want to get caught on the wrong end of a deal like that Roll Eyes

Highly recommend their service.

+1 same here!

crumbs

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Quote from: crumbs on August 07, 2013, 12:42:55 PM

How dense are you? There is no 28nm "bitcoin" ASIC. Fact. None. Prove me wrong or STFU.

Says the guy that refers to CoinTerra with a "We" and then deletes said post.

Weird that you consider yourself part of a company that is making a 28nm ASIC.

I'm always blown away by your imagination.

That's right. I'm behind Cointerra, Terracoin, and i'm DeaDTerra's sock.
*Note to self: Buy tinfoil stock.

kleeck

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Quote from: crumbs on August 07, 2013, 12:42:55 PM

Quote from: kleeck on August 07, 2013, 12:32:05 PM

Quote from: crumbs on August 07, 2013, 12:27:58 PM

Please understand that the IPO that promising you more unicorns for your money is not "a better IPO," but a bigger load of crap.
The 28nm "bitcoin ASICs" are as real right now as unicorns.
Sure, they could be built by someone in the future, when the stars align, the lord is willing and if the creek don't rise.
'Till that happy day, the process of the ASIC & its specs are a function of your credulity and the audacity of the IPO.

*Ahem*:

Quote from: eAsic

“'We are extremely excited to be working with one of the world leaders in storage technology,' said Ronnie Vasishta, President and CEO of eASIC. 'Seagate has an exceptional history in bringing world class technology and innovation to the storage market. Using our eASIC Nextreme-3 28nm single via configuration technology will help Seagate to bring storage innovation at a pace not yet seen in this industry,' added Vasishta."

(http://www.easic.com/easic-announces-strategic-investment-by-seagate/)

Yes?

I take it you haven't been following this security very closely... I'll let you do some research and trust you will figure out the error of your unicorn analogy. Cheesy

I take it reading wasn't your strongest subject? What does Seagate's ASIC have to do with ActiveMining ASIC? You're going to be hashing with it? Cheesy

Aw...

You obviously didn't do any research. It's OK. Sometimes the facts don't line up with the FUD. I'll see myself out so you can continue your banter unabated. Wink

How dense are you? There is no 28nm "bitcoin" ASIC. Fact. None. Prove me wrong or STFU.

crumbs

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Quote from: VolanicEruptor on August 07, 2013, 12:37:58 PM

Quote from: VolanicEruptor on August 07, 2013, 12:17:46 PM

I also heard that MinerASIC is launching 900TH by Christmas...
and a DonaldsMC restaurant.

It was actually 900PH, get your facts straight.

hardware sales will be good with their 330 th/s BSU miners and 10 ph/s rotpure. ken must be shitting himself as we speak...

14nm is just around the corner, but that doesn't even matter because a Quantum Bitcoin Miner was just invented by the North Koreans that effectively makes it a SHA-128. Sorry but the North Koreans won again.

Unless there's non-Euclidean quadro-parallel megahashing involved, if you didn't IPO last week, you've missed da boat.

crumbs

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Quote from: kleeck on August 07, 2013, 12:32:05 PM

Quote from: crumbs on August 07, 2013, 12:27:58 PM

Quote from: VolanicEruptor on August 07, 2013, 12:37:58 PM

Please understand that the IPO that promising you more unicorns for your money is not "a better IPO," but a bigger load of crap.
The 28nm "bitcoin ASICs" are as real right now as unicorns.
Sure, they could be built by someone in the future, when the stars align, the lord is willing and if the creek don't rise.
'Till that happy day, the process of the ASIC & its specs are a function of your credulity and the audacity of the IPO.

*Ahem*:

Quote from: eAsic

“'We are extremely excited to be working with one of the world leaders in storage technology,' said Ronnie Vasishta, President and CEO of eASIC. 'Seagate has an exceptional history in bringing world class technology and innovation to the storage market. Using our eASIC Nextreme-3 28nm single via configuration technology will help Seagate to bring storage innovation at a pace not yet seen in this industry,' added Vasishta."

(http://www.easic.com/easic-announces-strategic-investment-by-seagate/)

Yes?

I take it you haven't been following this security very closely... I'll let you do some research and trust you will figure out the error of your unicorn analogy. Cheesy

I take it reading wasn't your strongest subject? What does Seagate's ASIC have to do with ActiveMining ASIC? You're going to be hashing with it? Cheesy

Aw...

You obviously didn't do any research. It's OK. Sometimes the facts don't line up with the FUD. I'll see myself out so you can continue your banter unabated. Wink

How dense are you? There is no 28nm "bitcoin" ASIC. Fact. None. Prove me wrong or STFU.

kleeck

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Activity: 532

Merit: 500

https://karatcoin.co

Quote from: VolanicEruptor on August 07, 2013, 12:17:46 PM

I also heard that MinerASIC is launching 900TH by Christmas...
and a DonaldsMC restaurant.

It was actually 900PH, get your facts straight.

hardware sales will be good with their 330 th/s BSU miners and 10 ph/s rotpure. ken must be shitting himself as we speak...

Absolutely terrifying! I bet MinerASIC is going to be the next ASICMiner! I hear the IPO starts in 2.456 seconds! Shocked

VolanicEruptor

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Quote from: VolanicEruptor on August 07, 2013, 12:17:46 PM

I also heard that MinerASIC is launching 900TH by Christmas...
and a DonaldsMC restaurant.

It was actually 900PH, get your facts straight.

hardware sales will be good with their 330 th/s BSU miners and 10 ph/s rotpure. ken must be shitting himself as we speak...

kleeck

hero member

Activity: 532

Merit: 500

https://karatcoin.co

Quote from: crumbs on August 07, 2013, 12:27:58 PM

Please understand that the IPO that promising you more unicorns for your money is not "a better IPO," but a bigger load of crap.
The 28nm "bitcoin ASICs" are as real right now as unicorns.
Sure, they could be built by someone in the future, when the stars align, the lord is willing and if the creek don't rise.
'Till that happy day, the process of the ASIC & its specs are a function of your credulity and the audacity of the IPO.

*Ahem*:

Quote from: eAsic

“'We are extremely excited to be working with one of the world leaders in storage technology,' said Ronnie Vasishta, President and CEO of eASIC. 'Seagate has an exceptional history in bringing world class technology and innovation to the storage market. Using our eASIC Nextreme-3 28nm single via configuration technology will help Seagate to bring storage innovation at a pace not yet seen in this industry,' added Vasishta."

(http://www.easic.com/easic-announces-strategic-investment-by-seagate/)

Yes?

I take it you haven't been following this security very closely... I'll let you do some research and trust you will figure out the error of your unicorn analogy. Cheesy

I take it reading wasn't your strongest subject? What does Seagate's ASIC have to do with ActiveMining ASIC? You're going to be hashing with it? Cheesy

Aw...

You obviously didn't do any research. It's OK. Sometimes the facts don't line up with the FUD. I'll see myself out so you can continue your banter unabated. Wink

crumbs

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