Topic: ALLMINE INC - FPGA Cryptominer - page 45. (Read 51510 times)

Allready signed up.

Waiting for Stats! 

Following.

Can we buy with crypto or FIAT only ? Just want to be sure to be ready in due time.

Edit ; I've read the whole thread, ready for launch !

Done and done! And glad, tomorrow starts hell 1-2 weeks and I was hoping there'd be a less annoying way I could bug you for updates.

Update:

We've opened our store at https://fpga.land/ for user registration. We're still not taking orders at this time; but by registering it will allow us to contact you and inform you when hashrate information is released, when pricing information is available, and finally when sales open.

It’s posisble some of the Acorn designs could be repurposed for users in x16 slots with these, but it’s less common to have and likely not worth the efforts when you can do so many other things with them.

Our existing designs are only using PCIe 3.0 x1 connectivity. I had anticipated most of these would end up in open air gpu cases connected to risers.

Thanks for the laugh. In seriousness though, It's strange for you to react in this way while using a strawman in the same breath. He never implied that your questions were funny, but that the prospect of asking for pictures of the warehouse and knowing it's physical location was; as answering your question would do the precise thing you voiced concerned for. It wasn't clear at the time, it did sound like that is what you were asking.

Our side doesn't have a physical location and this is why gpuhoarder is handling the physical side. Our engineers are spread all over the world. For me at least, this is just SOP. In many ways, working online is better than working at a physical location as there's always a record of all conversations. No confusion, no "oh i thought so and so..."... Do you have any idea how much I'd need to charge if I wanted a physical office? I'd need 2 offices in europe, an office in asia, an office in australia, and at least 2 offices in the USA. All of these offices with the exception of 1 would only have 1 person it. One of the EU locations would have 3 (assuming those people wanted to waste 2 hours of their lives daily commuting). To me, that just seems like an incredible waste of time and money. So, if you want me to have a physical office, let me know, and you can pay for it when you buy your cards. If you want cheap cards with a very low margin then you'll have to live with cost cutting measures that have been applied. Also, I'm curious, do you use poloniex?

I will be on-site when the cards are being S&H, tested, etc. If GPUHoarder wants to give out information on his offices it's up to him.

I've personally already handled millions of $ worth of hardware (from customers) and haven't had any problems. In the one case where things went bad, I covered losses and customers were made whole. If you want someone who does business another way, go talk to one of the plethora of amazing and transparent mining companies out there..... Oh wait, right, there are none... Feel free to go through my 7+ years of post history..

All Mine is senseless’ company, but yes my company is a real company, it has been around a long time, and we do plenty of business with many multi-billion dollar companies internationally every day. I guess you didn’t look very far (such as my Acorn post), but that’s fine. I understand the concerns. I apologize if an attempt at humor came off snooty. It can get frustrating the number of people on here who don’t bother to read the posted information and then make accusations or imply that nefarious things are afoot. You can find my company and our public products at www.airsquirrels.com, as well as references to our non-public and confidential hardware activity.

I still wouldn’t make a post to this form saying “Hey $20M worth of FPGAs are in this warehouse in Canton, Ohio at this address.” That’s just unnecessary security exposure.

Perhaps Senseless can update on this board on the group buy, since it has morphed a bit. The main reason the final details haven’t been posted is we can’t legally until next week.  No one is asking for funding. I, personally, have taken a “not cheap” amount of my, personal money and secured a production run and large order of cards at very good prices specifically so this community wouldn’t get screwed over by the markup in this industry and low volume pricing, and to support FPGA participation in this market and options other than ASICs.

Also, insurance is great - but no insurance is going to help losing al your inventory and customers orders and having to replace parts with a multi-month lead time.

I wasn't asking where are you storing the items, but are you an actual company, with an office somewhere? I'm sure you've seen cases where people start multi million dollar ICOs and the only address they can provide is a studio apartment above someone's pizza shop.

You write "this volume of goods is cheap in the big world". What does that even mean? Any way you look at it this not a "cheap" group buy considering you're asking for several million dollars of funding on an internet forum and apparently have no other presence than that?

It's a little insulting to say that questions about security are "funny" and if that's how you treat customers on very first contact then I guess I'm not so interested. I would not want to have to deal with someone's snooty attitude if there is some kind of problem with the hardware.

Good luck to you.

ps. You might want to select a better company name. "All Mine" sounds like "you gave me your money and now it's 'All Mine'"

Not really. A warehouse, as well as any business worth a damn, is insured. Businesses that don't give out their locations publicly are a bit shady IMO, but if the "warehouse" is, say, a person's garage and connected to their home, I totally get that.

(not mocking the latter, total respect for DIY businesses, I run three)

Guess he wasn't slick enough, lol.

On topic, would utilizing full PCIe 3.0 x16 lanes play a performance factor for the board you guys are building? For example, some motherboards have 4-6 pcie x16 slot but for sure they are not all going be pcie 3.0 x16 speed due to most CPU have a limited amount of available PCIe lanes.

Now, for the AMD Threadripper, it has 64 PCIe lanes, so it can for sure make use of multiple pcie 3.0 x16 at its full speed. Wonder if this matters or not.

Not to jump in, but I’m handling the physical side. This volume of goods is cheap in the big world tbh. Also kind of funny to imply physical security is a risk and then ask for the address of the warehouse holding the cards in a public forum.

I'm also interested in this.

Interested

How many people do you have working on this?

If you're moving 1500 units you'll need a certain amount of security and physical infrastructure to handle all the orders. Do you have pictures of the facility you'll use to process everything without things getting stolen?

Do you have an actual address? (Not just a PO box)

What happens if you don't get enough actual orders during preorder?

How does the ROI using your FPGA compare to using an Amazon EC2 F1 instance?

Very interested

Very interested in this. I'd be willing to do 8 to start off with. Would you be selling server cases for these as well? Custom mobos? Etc.?

I would suggest you wait till monday.

At this point should we still be trying to pickup a few vcu1525 from avnet for 4k each or waiting for the group but? If we buy from avnet then we will have to ship it to you to get the key burned in which would increase downtime.

Ya, ya, ya, I'm well aware of the things I've said... (Assuming you're saying that with the LOL because I've said exactly that myself )

-- The greed inside...

Because the only way I can get my own money printing machines is to buy enough of them from Xilinx. I can't do that alone. Collective bargaining. Right now we are one cog in a multi-cog collective bargaining operation going on with Xilinx. All of these cogs are competitors. We have all been doing the same thing in secret for some time. But, we all also have the same problem, Xilinx is slow and difficult to deal with. None of these cogs (myself included) would be able to achieve a successful PO on their own. The number of chips we would receive for sales (in batch 1) is less than 1/2 (about 40%) the total amount. Our total order volume right now is approaching $50M USD. Future batches would mostly be made of community orders (80-90%). But there are a few large players driving this and I am not one -- I'm closer to the community gpu miners than I am these guys with their own private multi-MW hydro electric dams and $20M operations. So, ya, I could let them do their thing -- they'd pay higher pricing... But would EVENTUALLY take all the profit out of it for my small-ish volumes, they'd take the gpu profits, they'd cause numerous coin forks as a result of their secret hashrates (which could follow and sustain through a fork -- causing various issues in the community). The only way I can see to continue for myself and compete is to open things to the community.

The only way anyone else in the community will buy the money printing machines is if they can print money with it. This means I have to release firmwares and have a method for people from the community who develop better designs than our own to release theirs. This also benefits us as if their design is better than ours, even with the devfee, why wouldn't we want to run it? Our margin on these is ridiculously small almost too small.

I truely believe that the community engineers (people you've not even seen talk in either fpga thread yet) will release bitstreams that have better performance than anything myself or whitefire could release. It's in my interest to provide them a platform to do their magic and provide them with a method to benefit from that.

If you want to invest $30M-$50M in me (at a $200M valuation), let me know, I'll go back to doing it from the shadows! -- But as I said, I'm pretty sure staying in the shadows would end up decreasing profitability (due to issues, forks, community backlash, etc).

-- The egalitarian inside...

Right now, there are 130, 90, 65, 45, etc nm asics that no one knows about mining various cryptocurrencies. These asics were created by individuals in secret at low cost with efficiencies far beyond GPUs. They do limited runs to reduce their risk using MPW projects, etc. These people, if they wanted to, could effectively 51% attack these currencies and may have -- there has been an increase in the number of 51% attacks on various coins. There has been an increase in the number of double spends being attempted (successfully and unsuccessfully) on exchanges. We need general purpose devices with efficiencies greater than GPUs. Devices that have power / performance and cost / performance ratios closer to ASICs than to GPUs. Having these devices on the PoW networks would secure these networks against 130, 90, 65 etc nm asics. Even 45nm asics may only be slightly better performing than the FPGA devices. This pushes the cost of secret asics down to 28nm which is still millions in NRE and increases investor risk at the same time. A 28nm asic would have a higher mask failure rate than a 130nm asic. The lower you go the smaller the spacings and the greater probability an error will creep into the design.

I'd eventually like to boot every GPU off of every PoW network and to have all the PoW networks without a 28nm asic or better to be secured by a decentralized network of highly efficient FPGAs. The miners don't even need to replace their rigs. They can continue using their gpus for now and swap them (the gpu cards) out over time slowly selling them off on ebay so as not to overload the secondary markets. There's also a GPU co-processor solution that GPUHoarder may be releasing to market. It uses a very cheap and low power FPGA to do some co-processing work for the GPUs. This device can add a little life to your GPU clusters increasing their hashrates and reducing power consumption.

sigh

OP claims he has money printing machine. OP will sell it to you. Why sell a money printing machine when you can print money ?

~ LOL ~