To all shareholders : Since all of our reputation is only based on chinese community,we ll give out some pics of equipments/devices and upload our deployment schemes soon to enhance your understanding of us.
To those doubters with "ASICMiner USB Block Erupter"-related talks : I feel somewhat depressed and was beaten！--- Do our team look that stupid ? Show out a USB-ASIC MINER as our deception ？How could be more ？suggestion?
Topic: [BTCT.CO] [IPO-cancelled] BTCGARDEN MINER---Eyes to the horizon - page 31. (Read 198202 times)
August 01, 2013, 01:41:53 PM
August 01, 2013, 01:34:08 PM
Simulation on what? Judging from the ICA 0 driver used and hashrate it looks like an Asicminer Block Erupter USB...?
It certainly does look like an ASICMiner USB Block Erupter. Curious.
is it not porven, that those sticks can't return their prices by mining as a result of diff increase?
this may be true or not, but the matter is another: if this is a pic of block erupter usb stick or some of their prototypes!
Is the question going to be ignored or passed over? Why did that 'screenshot' show what appears to be a block erupter hashing? Im sure these guys want to know.
+1
August 01, 2013, 01:32:07 PM
Simulation on what? Judging from the ICA 0 driver used and hashrate it looks like an Asicminer Block Erupter USB...?
It certainly does look like an ASICMiner USB Block Erupter. Curious.
is it not porven, that those sticks can't return their prices by mining as a result of diff increase?
this may be true or not, but the matter is another: if this is a pic of block erupter usb stick or some of their prototypes!
Is the question going to be ignored or passed over? Why did that 'screenshot' show what appears to be a block erupter hashing? Im sure these guys want to know.
August 01, 2013, 01:19:40 PM
We willDue to the troubles from both english and functions of the platform, many chinese BTCers and members of btcman.com are still learning how to use btct.co at the moment.
Thanks for Franktank`s explaination in this thread. I would like to emphasize the usage of the IPO funds again:
1. Second batch with a huge amount of wafers.
2. Deployment costs for at least several hundreds TH.
3. 2ed-gen chips, 80% odds to 40nm and 20% to 55nm.(BTW: again, 28nm is unrealistic due to the capacity of Fab and the cost )
4. We run this project as a long-term biz, so we need to reserve a part of funds with RMB (CNY,chinese legal money). We need to hold an amount of funds in order to meet probable demands or possible risks.
5. At least currently, our stock is probably not that good for pure speculators.
Anyway,I’ve bought a few of it.
hi, by far, we have already gathered a decent amount of funds for our further progress. We ll adjust our plan whenever it is needed. The 2nd batch is the most important part and will have priority. The amount of 2nd batch`s wafers is with basis of our funds too. In addition, we are going to reinvest a larger percentage of our income whenever we have a shortage on funds and vice versa.
August 01, 2013, 01:09:01 PM
Apologies if it's already been noted, but the pricing is up on the website.
http://www.btcgarden.com/products.do
0.45 BTC/GH.
http://www.btcgarden.com/products.do
0.45 BTC/GH.
this is not the final price since it is based on the shippment from this Aug.
most likely our products will be cheaper than this.
August 01, 2013, 12:58:03 PM
Simulation on what? Judging from the ICA 0 driver used and hashrate it looks like an Asicminer Block Erupter USB...?
It certainly does look like an ASICMiner USB Block Erupter. Curious.
is it not porven, that those sticks can't return their prices by mining as a result of diff increase?
this may be true or not, but the matter is another: if this is a pic of block erupter usb stick or some of their prototypes!
August 01, 2013, 12:52:03 PM
Simulation on what? Judging from the ICA 0 driver used and hashrate it looks like an Asicminer Block Erupter USB...?
It certainly does look like an ASICMiner USB Block Erupter. Curious.
is it not porven, that those sticks can't return their prices by mining as a result of diff increase?
August 01, 2013, 12:36:16 PM
Simulation on what? Judging from the ICA 0 driver used and hashrate it looks like an Asicminer Block Erupter USB...?
It certainly does look like an ASICMiner USB Block Erupter. Curious.
August 01, 2013, 12:07:50 PM
(...)
Tech Exhibition
a) Project Milestone i. March 15th: Signed the confidential contract with the IC manufacture and got the library for synthesis and layout.
ii. April 10th:RTL design, optimization and simulation were finished. Data to predict the specification of actual chips generated.
(...)
Tech Exhibition
a) Project Milestone i. March 15th: Signed the confidential contract with the IC manufacture and got the library for synthesis and layout.
ii. April 10th:RTL design, optimization and simulation were finished. Data to predict the specification of actual chips generated.
(...)
What is cgminer mining on here then? Air?
Simulation on what? Judging from the ICA 0 driver used and hashrate it looks like an Asicminer Block Erupter USB...?
August 01, 2013, 11:53:16 AM
Apologies if it's already been noted, but the pricing is up on the website.
http://www.btcgarden.com/products.do
0.45 BTC/GH.
http://www.btcgarden.com/products.do
0.45 BTC/GH.
August 01, 2013, 11:08:53 AM
aiwill,far less optimistically I expect it'll take days or even weeks to sell out the first 2 million.What if you cannot raise enough funds in a short time?I'm afraid this may cause a delay of your 2nd batch of chips.You know,any delay could mean heavy losses in BTC mining industry.
Anyway,I’ve bought a few of it.
Anyway,I’ve bought a few of it.
I haven't bought any but watching closely. Not sure how long it will take to go through the first 2 million as markets are a bit unpredictable. This said, they managed to sell more than 1/3 in 12 hours, so I don't think it will takes weeks to sell the remaining ones.
But hey, who knows...
August 01, 2013, 11:01:30 AM
(...)
Tech Exhibition
a) Project Milestone i. March 15th: Signed the confidential contract with the IC manufacture and got the library for synthesis and layout.
ii. April 10th:RTL design, optimization and simulation were finished. Data to predict the specification of actual chips generated.
(...)
Tech Exhibition
a) Project Milestone i. March 15th: Signed the confidential contract with the IC manufacture and got the library for synthesis and layout.
ii. April 10th:RTL design, optimization and simulation were finished. Data to predict the specification of actual chips generated.
(...)
What is cgminer mining on here then? Air?
August 01, 2013, 11:01:25 AM
5. At least currently, our stock is probably not that good for pure speculators.
Those investing in BTC Garden must be aware of this. You're essentially locking down BTC for about 4-6 months, waiting and reading R&D updates. If you're planning to flip shares, you don't belong here.
August 01, 2013, 10:44:14 AM
aiwill,far less optimistically I expect it'll take days or even weeks to sell out the first 2 million.What if you cannot raise enough funds in a short time?I'm afraid this may cause a delay of your 2nd batch of chips.You know,any delay could mean heavy losses in BTC mining industry.
Anyway,I’ve bought a few of it.
Anyway,I’ve bought a few of it.
I haven't bought any but watching closely. Not sure how long it will take to go through the first 2 million as markets are a bit unpredictable. This said, they managed to sell more than 1/3 in 12 hours, so I don't think it will takes weeks to sell the remaining ones.
But hey, who knows...
August 01, 2013, 10:37:18 AM
We willDue to the troubles from both english and functions of the platform, many chinese BTCers and members of btcman.com are still learning how to use btct.co at the moment.
Thanks for Franktank`s explaination in this thread. I would like to emphasize the usage of the IPO funds again:
1. Second batch with a huge amount of wafers.
2. Deployment costs for at least several hundreds TH.
3. 2ed-gen chips, 80% odds to 40nm and 20% to 55nm.(BTW: again, 28nm is unrealistic due to the capacity of Fab and the cost )
4. We run this project as a long-term biz, so we need to reserve a part of funds with RMB (CNY,chinese legal money). We need to hold an amount of funds in order to meet probable demands or possible risks.
5. At least currently, our stock is probably not that good for pure speculators.
Anyway,I’ve bought a few of it.
August 01, 2013, 10:06:14 AM
(...)
Tech Exhibition
a) Project Milestone i. March 15th: Signed the confidential contract with the IC manufacture and got the library for synthesis and layout.
ii. April 10th:RTL design, optimization and simulation were finished. Data to predict the specification of actual chips generated.
(...)
Tech Exhibition
a) Project Milestone i. March 15th: Signed the confidential contract with the IC manufacture and got the library for synthesis and layout.
ii. April 10th:RTL design, optimization and simulation were finished. Data to predict the specification of actual chips generated.
(...)
What is cgminer mining on here then? Air?
August 01, 2013, 10:04:30 AM
(...)
Tech Exhibition
a) Project Milestone i. March 15th: Signed the confidential contract with the IC manufacture and got the library for synthesis and layout.
ii. April 10th:RTL design, optimization and simulation were finished. Data to predict the specification of actual chips generated.
(...)
Tech Exhibition
a) Project Milestone i. March 15th: Signed the confidential contract with the IC manufacture and got the library for synthesis and layout.
ii. April 10th:RTL design, optimization and simulation were finished. Data to predict the specification of actual chips generated.
(...)
What is cgminer mining on here then? Air?
I think its in the back of cgminer window because its a "confidential contract"
August 01, 2013, 09:48:00 AM
A 200TH order of untested chips, just on "confidence"? 
Not as good as tested chips, but better than nothing (like labcoin), right? What is cgminer mining on here then? Air?
I'm not a hardware guy, but may be mining on a FPGA simulator? I'm curious too. August 01, 2013, 09:35:34 AM
(...)
As of July 2013, bitcoin net hashrate is at 200TH, 1000TH is a reasonable estimate at the end of 2013. We will concentrate on deploying our devices for self-mining till we reach 350TH, we expect to reach that milestone around end of the 2013 which will give us 35% occupancy of the whole net. We have already taken a big risk to tapeout our first batch of 200TH directly(without sample chips & prototype) since we have enough confidence on our Layout design. Furthermore, we will order the second batch of 300TH or more immediately after we receive/test pass our first batch. Therefore, to compare with those potential competitors, we could have a very big advantage on production capacity in this year. There are undoubtfully some risks involved with this approach, but the risk/reward ratio is highly favorable if we succeed. All shareholders will then be the main beneficiaries.
(...)
As of July 2013, bitcoin net hashrate is at 200TH, 1000TH is a reasonable estimate at the end of 2013. We will concentrate on deploying our devices for self-mining till we reach 350TH, we expect to reach that milestone around end of the 2013 which will give us 35% occupancy of the whole net. We have already taken a big risk to tapeout our first batch of 200TH directly(without sample chips & prototype) since we have enough confidence on our Layout design. Furthermore, we will order the second batch of 300TH or more immediately after we receive/test pass our first batch. Therefore, to compare with those potential competitors, we could have a very big advantage on production capacity in this year. There are undoubtfully some risks involved with this approach, but the risk/reward ratio is highly favorable if we succeed. All shareholders will then be the main beneficiaries.
(...)
A 200TH order of untested chips, just on "confidence"?
(...)
Tech Exhibition
a) Project Milestone i. March 15th: Signed the confidential contract with the IC manufacture and got the library for synthesis and layout.
ii. April 10th:RTL design, optimization and simulation were finished. Data to predict the specification of actual chips generated.
(...)
Tech Exhibition
a) Project Milestone i. March 15th: Signed the confidential contract with the IC manufacture and got the library for synthesis and layout.
ii. April 10th:RTL design, optimization and simulation were finished. Data to predict the specification of actual chips generated.
(...)
What is cgminer mining on here then? Air?
August 01, 2013, 09:26:26 AM
Oh wow, you sure have at least one big fan
yes that made other bars very short
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