Topic: CROWD FUNDING ASIC - page 3. (Read 6358 times)

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.

make your own calculation

in my eyes it still doable and profitable

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

the cost will be much higher if we go for the 28nm


at the moment this is the best deal we ve got.

Is it possible for the design house to go direct to 28nm or smaller, and for the net device price to be $3 per gh/s or less for delivery in 4 months?  That's what you're up against right now.

Compare the price,we are ready to tae out so chips will be out in 2 months or so

how much is the cost of 10 reels?

just make your calculation

Too little too late. $900k for 84 TH/s several months from now best-case scenario? Buy 10 reels of Bitfury chips and you'll have them next month doing 80 TH/s. Far easier and more profitable.

crowdsourcing at attractive prices seems like a good idea but everyone knows the proper way to make asic miners
1.) is to design something that works really well and is currently profitable
2 - a.) mine with them until you make back your money.
2 - b.) take pre-orders posting current mining stats as "speculated stats" or "prototype stats"
3.) fulfill the pre-orders and sell them for just under what they would ever in their lifetime make back.

if you upset that balance, then a lot of people will be out of jobs in the mining hardware scene (aka making it an honest trade)

so far that seems like the business plan of the most successful mining hardware vendors. well that and just selling older hardware at prices that will just barely break even before being useless (cost of power > btc output)

I have no proof, just speculation and observation of current scenarios. Only time will tell with all the current pre-order hardware. but it is always very convenient that the hardware that comes out will just barely break even on mining. then the mining companies just say "its an investment into bitcoin"

The only way to make money on btc mining seems to be buy big, mine a little, sell the hardware before its useless to hopefully have coins while breaking even. and the only way to make money on bitcoin (apart from selling hardware) seems to be to buy low / sell high on the exchanges.

Hmm

Noone seems interested


Well Well

I'm game, I think this entire ASIC bullshit is just that - BULLSHIT


Avalon takes $8million+  and delivers nothing.. screwing over Western customers...


ASIC's are pretty much a scam unless you in on the design side

HI Guys

 as everybody should know ,i m trying to make my own asic.But costs of NRE is making things difficult.

Recently i ve been working with a design house who came with the following:
 of an asic based on 65 nm and with a hashing speed of 0.7/0.8 gigahash/sec.

With a QFN package the NRE(design+full mask+packaging+design of pcb) will be around 900 000 on wich we ll get around 120 000 chips .

These chips will give us 84 terahash/sec this mean a our cost for the first 84 terahash will be around 10700 usd and a cost per chip of 7.5 usd/chips.



My idea is the following:


People who are ready to buy the first 84 terahash at the cost price of 7.5 usd/chip or 10700 usd/terahash will have the possibility to order twice the hashing power (in chips) 3 usd/chip or 4280 usd/terahash.

The next sales will be at a discounted price for the first comers and kickstarters.


P.s i ll put myself 20/100 of the amount to get this done.

The design is almost ready and we need now to go to tape-out and have the funds ready as soon as possible.


I m thinking to put this on a crowd funding website to get this done properly so any suggestion at this point would be welcome.


I would prefer to have limited participant in order to get some wholesalers  who then we ll distribute their chips as they like but i don t want to limit anyone in this

Please forward your comment/thought here or thru pm

thanks