CROWD FUNDING ASIC - page 2. | Bitcointalksearch.org

papamoi

sr. member

Activity: 378

Merit: 250

Quote from: eve on September 19, 2013, 12:03:46 AM

Quote from: papamoi on September 18, 2013, 11:38:15 PM

hi guys

i m receiving more advices than real interests in the project

i mentionning it again here,we would be able to go alone on this and sell chips with better profit ,instead we have decided to share the risk and try to sell the chip at costs price to those who will invest with us.

this is not a preorder or else project but a partnership

i hope more interested people will be in it

thanks

go on your own. others not interested. you got the money and talent why need us.

we still need trolls like you to make everyone happy

there is a french quote saying
il faut de tout pour faire un monde

meaning we need people like you and people like us to make it work

papamoi

sr. member

Activity: 378

Merit: 250

Quote from: Bicknellski on September 18, 2013, 11:54:19 PM

This user has REAL interest in this project.

It could be integrate nicely with this proposal: https://bitcointalksearch.org/topic/m.3157477 in a 2nd or 3rd iteration.

well in your project you re starting with already bought chips.

here we start from almost scratch

eve

full member

Activity: 210

Merit: 100

Quote from: papamoi on September 18, 2013, 11:38:15 PM

hi guys

i m receiving more advices than real interests in the project

i mentionning it again here,we would be able to go alone on this and sell chips with better profit ,instead we have decided to share the risk and try to sell the chip at costs price to those who will invest with us.

this is not a preorder or else project but a partnership

i hope more interested people will be in it

thanks

go on your own. others not interested. you got the money and talent why need us.

Bicknellski

hero member

Activity: 924

Merit: 1000

This user has REAL interest in this project.

It could be integrate nicely with this proposal: https://bitcointalksearch.org/topic/m.3157477 in a 2nd or 3rd iteration.

papamoi

sr. member

Activity: 378

Merit: 250

hi guys

i m receiving more advices than real interests in the project

i mentionning it again here,we would be able to go alone on this and sell chips with better profit ,instead we have decided to share the risk and try to sell the chip at costs price to those who will invest with us.

this is not a preorder or else project but a partnership

i hope more interested people will be in it

thanks

papamoi

sr. member

Activity: 378

Merit: 250

Please feel free to pm if anyone is interested

thanks

eve

full member

Activity: 210

Merit: 100

some kind of middle and western or new age art work, very artistic though, I like the flowers and the trunks and vine and some leaves in between, I could draw and paint a nicer one if you let me. Wink

papamoi

sr. member

Activity: 378

Merit: 250

this is a draft of the lay out of the chip

papamoi

sr. member

Activity: 378

Merit: 250

Quote from: ?? on ??

Quote from: papamoi on September 18, 2013, 01:34:30 AM

Quote from: iikun on September 18, 2013, 12:38:40 AM

Quote from: papamoi on September 17, 2013, 11:08:41 PM

i m opening the same thread in securities

i hope people will have more access on this

Who would be doing the pcb for this?

details of the chip will be provided so anyone would be able to make a pcb as it suits them

for 900k why not buy 10k coincraft A1, or whatever else turns up on market as real,working product in X weeks
the proposed crowd fund is a nice idea, but it's late in the game
risk/ reward ratio is not attractive enough

again difference here is that you ll be part of the project and not customers only and you ll get chip at costs price(after the mask being paid)

there is huge difference between this project and just throwing money to some company to buy their miners

iikun

legendary

Activity: 1062

Merit: 1003

Quote from: papamoi on September 18, 2013, 01:34:30 AM

Quote from: iikun on September 18, 2013, 12:38:40 AM

Quote from: papamoi on September 17, 2013, 11:08:41 PM

i m opening the same thread in securities

i hope people will have more access on this

Who would be doing the pcb for this?

details of the chip will be provided so anyone would be able to make a pcb as it suits them

which most people don't have the skills for of course. good luck tho

papamoi

sr. member

Activity: 378

Merit: 250

Quote from: iikun on September 18, 2013, 12:38:40 AM

Quote from: papamoi on September 17, 2013, 11:08:41 PM

i m opening the same thread in securities

i hope people will have more access on this

Who would be doing the pcb for this?

details of the chip will be provided so anyone would be able to make a pcb as it suits them

iikun

legendary

Activity: 1062

Merit: 1003

Quote from: papamoi on September 17, 2013, 11:08:41 PM

i m opening the same thread in securities

i hope people will have more access on this

Who would be doing the pcb for this?

papamoi

sr. member

Activity: 378

Merit: 250

i m opening the same thread in securities

i hope people will have more access on this

papamoi

sr. member

Activity: 378

Merit: 250

ok got you

bobsag3

hero member

Activity: 546

Merit: 500

Owner, Minersource.net

Quote from: papamoi on September 17, 2013, 11:46:53 AM

Quote from: bobsag3 on September 17, 2013, 10:45:56 AM

Quote from: greaterninja on September 17, 2013, 10:08:08 AM

Quote from: papamoi on September 17, 2013, 06:40:16 AM

Quote from: mgio on September 17, 2013, 01:49:10 AM

Great idea, but too little, too late unfortunately. Those prices just aren't competitive anymore unless the chips were available TODAY.

make your own calculation

in my eyes it still doable and profitable

I've spoken to a few. While 65nm could work you are probably better off teaming with someone like bitfury and buy a bulk of chips for cheaper. I mean that you could use a hundred thousand or more and bitfury's tech to have chips packaged at a high volume discount.

As I speak now I know 3 or 4 companies already doing 28nm.

The next generation chips will be 28nm or even 14-20nm. If you do come up with 65nm you are coming up a little late in the game. Especially being that there are already multicore ASIC chips out.

10 reels of bitfury for 30k total chips is ~675k euros as a heads up, unless there is a bulk discount.

ok then i ll have to pay him again ?the same amount for having more chips?

here once the mask paid ,i intend to sell chips at costs price (greed is not part of me)

bitfury has an agreement with me he didn t fullfill , i ve posted about it several times if you have read my previous posts

so i m not seriously interested in working with someone who doesnt respect his own comitment

i hope this is clear

I wasnt suggesting we go with them - just putting number our there for everyone else.

papamoi

sr. member

Activity: 378

Merit: 250

Quote from: bobsag3 on September 17, 2013, 10:45:56 AM

Quote from: greaterninja on September 17, 2013, 10:08:08 AM

Quote from: papamoi on September 17, 2013, 06:40:16 AM

Quote from: mgio on September 17, 2013, 01:49:10 AM

Great idea, but too little, too late unfortunately. Those prices just aren't competitive anymore unless the chips were available TODAY.

make your own calculation

in my eyes it still doable and profitable

I've spoken to a few. While 65nm could work you are probably better off teaming with someone like bitfury and buy a bulk of chips for cheaper. I mean that you could use a hundred thousand or more and bitfury's tech to have chips packaged at a high volume discount.

As I speak now I know 3 or 4 companies already doing 28nm.

The next generation chips will be 28nm or even 14-20nm. If you do come up with 65nm you are coming up a little late in the game. Especially being that there are already multicore ASIC chips out.

10 reels of bitfury for 30k total chips is ~675k euros as a heads up, unless there is a bulk discount.

ok then i ll have to pay him again ?the same amount for having more chips?

here once the mask paid ,i intend to sell chips at costs price (greed is not part of me)

bitfury has an agreement with me he didn t fullfill , i ve posted about it several times if you have read my previous posts

so i m not seriously interested in working with someone who doesnt respect his own comitment

i hope this is clear

papamoi

sr. member

Activity: 378

Merit: 250

Well

after the mask is paid ,see my post the chips will be very cheap so the first run will be higher then it ll go dramatically down

so there is big chance that we ll be still be profitable

and there is an important difference:people investing here will be partners with us and not customers

comparing to other projects

mgio

hero member

Activity: 546

Merit: 500

Quote from: papamoi on September 17, 2013, 06:40:16 AM

Quote from: mgio on September 17, 2013, 01:49:10 AM

Great idea, but too little, too late unfortunately. Those prices just aren't competitive anymore unless the chips were available TODAY.

make your own calculation

in my eyes it still doable and profitable

How can it compete with Cointerra which is only $3500 for 1 TH/s?

bobsag3

hero member

Activity: 546

Merit: 500

Owner, Minersource.net

Quote from: greaterninja on September 17, 2013, 10:08:08 AM

Quote from: papamoi on September 17, 2013, 06:40:16 AM

Quote from: mgio on September 17, 2013, 01:49:10 AM

Great idea, but too little, too late unfortunately. Those prices just aren't competitive anymore unless the chips were available TODAY.

make your own calculation

in my eyes it still doable and profitable

I've spoken to a few. While 65nm could work you are probably better off teaming with someone like bitfury and buy a bulk of chips for cheaper. I mean that you could use a hundred thousand or more and bitfury's tech to have chips packaged at a high volume discount.

As I speak now I know 3 or 4 companies already doing 28nm.

The next generation chips will be 28nm or even 14-20nm. If you do come up with 65nm you are coming up a little late in the game. Especially being that there are already multicore ASIC chips out.

10 reels of bitfury for 30k total chips is ~675k euros as a heads up, unless there is a bulk discount.

GodfatherBond

sr. member

Activity: 264

Merit: 250

Why not decide amount... buy ready chips when available at good discount (bitfury, cointerra, bitmine etc...) and team up with some assembly and find cheap electrity place for hosting ready units and share income based on investments? Payments just before chip buy and assembly etc. just small % for covering managing & hosting etc.

Topic: CROWD FUNDING ASIC - page 2. (Read 6358 times)