Topic: [ANN] labcoin ASIC - v.1 @130nm/300Mhz -16 cores chip - European / Chinese Team - page 7. (Read 33661 times)

Investment opportunity should be open in 2 days. We'll be probably on btct.co or bitfunder, details are still being ironed out. Exact number of shares and price will be posted here shortly, probably tomorrow. We tried getting back to the French phone number who got in thouch yesterday but we were unable to obtain an asnwer. If who called is reading this, please send us a private message so we can book a time for a phone chat, we will re-try tomorrow morning at a different time.

I would like to add another line to this post, the intention is not to start a flamewar with other ASIC producers, but i want to give a warning to you guys, who are thinking to invest into other ventures present in this forum.

First of all : Do not trust any 3D rendering, whatsoever, they can be purchased easily and cheaply. ( we outsourced graphic design, so i speak from my personal experience ).

they are by no mean a proof of an existing product.

Look for a chip magnification, like those we posted, those are a good indications of the IC being really engineered and not a lie. But don't take them either as granted, it's not so hard to manipulate an EDA tool and obtain such images, or photoshop might be an even easier option.

You need to follow the development and do your own research about the consistency of the informations posted afterwards, and it's not always easy;
You can always use your google-fu if you are not an E.E engineer or have this kind of knowledge.

I want close this post by saying that we will provide btct.co or bitfunder full indentifications documents regarding the people behind this project.

Thank you
Samuel Noi
[email protected]

How soon will the investment opportunity be open? Will you be using an exchange? Looking forward to more details. Thanks.

For anyone who called us  from France today :

Sorry we missed your phone call on our  Chinese office number, because at the time of the call, it was late and nobody was there.  We will return back the call from Europe  tomorrow morning.

Samuel Noi
Nominee Director
iTec-Pro Limited
[email protected]

Great news from the team in China, we have got the on-chip PLL version working with multiple cores at 130nm. We're working out the final steps before considering this design good for tape-out, estimated on the first week of August. Investment opportunity will be open to the public soon and all details will be released.  

UPDATE : IC photos and magnifications, showing the internal PLL and the complete design, will be available in about 1 week.

Sam
Labcoin Team

i could be interested in participating in the nre costs and dev costs if you are ready

i was orienting my own project to structured asic

It is a fair amount higher then KNC and Bitfury, that much is true. But interestingly enough it is on par with the BFL 65nm first batch, and can be produced at a magnitude lower price once NRE/Dev costs are paid.

ok but the wattage seems too much comparing existing chips

estimate chips price?

Around 5 GH/s using a 130 nm multi core design @ around 14w total.

what will be the hashing speed by chip?

You're looking at a break-trough improvement. As said, we're able to fit 16 cores into a 130nm process, outputting 5 GH at  2.7W/GHash.
The 65nm 500mhz design will output 450~500MH at 0.7~0.8~1W  so it's definitely a great improvement.

EDIT : Also, the 65nm chip is more suitable for an USB miner device, not for mass deployment of hashing power as multi-core communication have yet to be ironed out.
 We think the best choice right now is going for mass production and deployment of the 130nm design with 16 cores, and consider the production of  USB miners for re-sale as well.
                    

I am fairly certain that anyone considering a 5TH mining operation would feel confident in handling 5000w as total power draw, over a vastly increased cost per chip and a later delivery date.

We are evaluating different possibilities in this regard. News should be flowing soon.

would this add up to more power consumptions, a 5w difference per chip is negligible, however if you have a 1000 chip or even a few hundred chip the power bill will shoots up? 1000 chip x 5w = 5000w

Any updates on IPO or order open?

We have multiple designs under test/simulation obviously to maximise the ability of obtaining results. 65nm results are not competitive with what we reached at 130nm.
NRE costs at 65nm are very high for a full-mask set, and since we're going for mass production, 130nm is not only cheaper, with 16 cores chip this is absolutely the way to proceed at the moment.
65nm chip is currently undergoing more simulations and verifications but it will definitely come shortly after this batch.

Further elaborating, there's a TSMC Shuttle for 130nm on 5 August.

NRE costs for a full-mask at 130nm are affordable enough to be crowfunded, and the cost of full wafers are affordable as well. This is probably ASICMINER secret.

Chip output would be of about 1500 chips for each full wafer.

Estimate delivery of the already packaged chips would be around mid September.

Now you prefer 130nm? since it is cheaper to produce?  "Power consumption per GHash is 12.8W/4.8G=2.7W/GHash" compares to 65nm at 500mh/s at 2.5W?

Today we have a very important update, the Chinese team is simulating a lot of design simultaneously and worked almost non-stop for the last 48 hours  targeting different process sizes.

The results are more than positive, i will try to outline them in the clearest way possible.

1) The 65nm 500Mhz is still undergoing post-verification phase, while another simulation is ongoing at 600Mhz and we're waiting for the results.

2)  Post simulations yielded positive results on a 130nm, 300Mhz, Power 0.8W, 6.5x6.5mm design.
    
     The team is working on HDL optimizations to get 16 cores for chip.

     Some math, quoted from the tech team

What does this mean ? i think it's not hard to get.  130nm process and 5GH speed at slightly higher power consumption, but competitive prices.

Shoot any question guys

Sam
Labcoin team

Escrow is a horrible idea for larger sums. Far better to just do an IPO at btct.co where IPO funds are in automatic escrow until trading time. No one wants to put $100,000s of dollars in escrow at 2%

This is the whole point of an IPO. Share holder bear the risk and provide capital.

I myself think that a IPO to cover additional chip orders (depending on price/gh) and fund Gen 2 development, in conjunction with sales of the first Gen mining rigs (with dividend from sales going towards share holders) is prob the strongest option.

In my opinion, ASICMINER has a brilliant approach to mining and hardware sales and there is no shame in copying is approach. Thou I think personally that ASICMINER has gotten quite overvalued at current market price.