Topic: financing a 'Community Miner' project; Are You In? - page 3. (Read 4108 times)

Don't expect commitment to an idea you haven't really explained. With the information you've given, "interest" is probably the best you'll get. If you think you need to book a convention center and wow us with a multimedia event to explain your ideas, you're definitely going to have trouble finding "committed" people here.

I think the suggestion is correct to take your ideas to not the hardware forum, since it sounds like you're mostly talking about protocols and philosophy and any kind of hardware tie-in is, at present, mostly incidental.

You stay out too. I wonder why are you posting here more   ...wait ... wait ... it is the way bitcointalk people show their ineterest? gotcha it  
So we have one interested guy here, but it isn't enough to be interested dude, you should be committed as well and by committed I mean a responsible purposed and oriented person ... far from the attitudes of you people here, I'm  patient though.

forget the part of the "community" in the hardware development.  simply develop a hard core ASIC and then use the software to distribute the coins.  the software does not have to be in the miner itself either.  a simple website, backed by the same concept as a pool would be fine.  the miner drops out 0.25 BTC in three hours to a single address and then that address via scripting divides out the funds to the group.

i think the idea itself serves no other purpose than to create power groups within the field of bitcoin, but if i wanted to accomplish the feat, i would go that route and possibly embed the additional scripts within the ASIC

You might want to look into this http://bitfury.com/content/4-press/6.20.16-trust-accelerator-release.pdf and http://www.forbes.com/sites/laurashin/2016/06/20/new-initiative-aims-to-eliminate-corruption-with-blockchain-technology/#5cd5964b1962 and lastly as a general link to all you talk about, http://bitfury.com/white-papers-research which are along the lines of what you are proposing.

Excellent reading but still way OT though.

Ok. you  stay out. It is not just about you. And I have no interest in convincing people who have no interest, specially when it costs me a considerable time, my valuable time.

Exactly.
We get that blockchain technology has a myriad of uses, contract verification being just one of them.  Hell going way out, the major lighting makers are working with Public electric utilities to incorporate local blockchains to identify and verify 'smart' LED streetlight installations eg what is it, where is it (from built in GPS), when installed, etc. So far installation ID time has dropped from ~15min scanning the unit, filling in contractor information as needed. to less than 2 most of which is the lights finding/setting up a local network link.

Point is -- this is a HARDWARE section. Wrong crowd to pitch to.

Might this whole grand adventure be better suited to an Alt Coin sub-forum?

I see mention of a new protocol and infrastructure. None of that sounds particularly Bitcoin Mining centric to me.

As I suggested when OP first showed up, he might find a more receptive audience in another sub-forum. The title doesn't really seem very accurate to the overall scope and desires he has.

Just my $.02.

You inspired me 

You know, I bet BW would sell about $50K of their 14nm ASIC. Too bad all their good info is currently behind an NDA...

I avoided this thread  until I could decide what to write on it.

I have a very delibrate writing style I call it modified brooklynese. I misspell and don't correct all of the time.  I start sentences without caps and if you look at my posts   you would think I am a dem these and dos guy.

To the op please watch this video on youtube

https://www.youtube.com/watch?v=gGyKg2fWehU

forget everything but one thing  did he sing the shit out of the song?

My posts are  normally like his act  and I am well like on this site because forget the picture frame  the picture is beautiful.

I have read a lot of your posts and your picture frame is fucking beautiful really pretty ,but is seems to my eyes the picture is a pile of Bull Shit.

   Here a simple pledge if a real chip builder will sell real chips to me in a small amount I will buy 10,000 usd worth of current chips and hand them to sidehack to build something.
This translates to only company at the moment bitmaintech. So anytime they want to contact me and sell me real chips in small amount I am here.   Plus I know I could get more people to toss in money I believe i could raise 50k for a chip purchase from bitmaintech, but frankly they will not sell the chips to me or anyone else .  It is quite possible they can't sell them to us and they can't tell us that.

But they read posts here and they are free to contact me if they have some new s-9 chips to sell directly to me.

If this guy ^ has a project, I'll back it and buy it. A relative unknown with a zero trust score looking to do "something" nah.

Ditto. I won't buy something you're not willing to explain until after I've bought it.

Your proposal is far outside my interests so I'm out.

As an engineer, with more than a quarter of a century of high level professional background, I'll never present a detailed technical proposal to people with little or zero interest in buying it, leave alone their competence in understanding it.

Thus, hereby , I announce:

I am ready to give a comprehensive and convincing proposal for implementing semi-smart contracts using Bitcoin Blockchain, given a simple precondition (to be mentioned) is satisfied.
 
It will include extensive detailed, diagrammatic  and formal definition of:

1- Entities and their relationships

2- Core protocol and its respected transition state flow

3- It's relevance to most of the contract oriented problems in the real world.


As it takes a lot of time and effort for me, to be documented in a structured way, I will do it if and only if:
 a handful (5 or more)  of legendary, active, respected members of this forum show interest and commitment to the subject of a hypothetical fair, transparent guaranteed way of raising funds for the 'community miner' project.

To have their attention and commitment, in this phase of development, I can just mention following outlines of my semi-smart contracts proposal:

1- It is not any thing like smart contracts in the Turing complete  approach people in Ethereum Foundation or 'game theory' enthusiasts are in love with.

2- It will use colored coins extensively.

3- It utilizes existing networks of trust (like this forum) and their respective social capital without fear of acquisitions about not being 'mathematically provable' . It is not mathematics, it is socioeconomic using mathematics extensively but not exclusively.

4- It is about quantifying and tracking promises, reputation, credits, obligations and so on.

5- Its final destination is money transfer, as the ultimate purpose of contracts, so it uses the Bitcoin Blockchain as its main infrastructure for transaction processing, but it uses other (new or existing structures) for some other purposes.

6- It works with real world data to evaluate contracts and their consequences.


until my above precondition is fulfilled, I am ready to discuss importance, and feasibility of such a hypothetical ecosystem and protocol.

I have never considered the blockchain to be an irrelevant application on top of anything; nor do I consider applications on top of a blockchain to be, in general, a bad thing. I just still don't like the idea of harnessing the Bitcoin blockchain for other than its original purpose.

So, what exactly is your proposal? Let's see a detailed layout of the concepts instead of the jargon-fraught arguments which have gotten you nowhere thus far. But remember, if you're going to try and convince engineers of something you really should avoid fluff and hollow manager-speak and stick to raw details.

Well said. I do agree. And ...

And it is to be changed, asap. I understand your concerns, I mean it, but you hardware guys should realize something very important , not easy but important enough to try ...

The Blockchain is not a simple irrelevant application on top of a general purpose platform on which you guys are trying to do something as big as designing it from scratch or as small as fixing some voltage level adjustment and control.

The Blockchain is a promising technology, ready to be used to overcome problems like what you are concerned about ...

This is the point! Living in the Blockchain era, is not the same as living in the past, working on Blockchain problems is not to be done in a traditional way, it is new, everything is new and you should take it into account  and put this factor in the equations.

I sincerely ask you sidehack dude to reconsider possibilities to use the Blockchain to fix your problems with raising funds needed to do some thing good, actually good and critically necessary as my analysis of the current situation shows.

I have a proposal for this, I can convince you and other guys about it, it is so practical but I need credit, I need interest. Pessimistic arguments are of no help, neither is showing off Lone Ranger gestures. Nothing happens this way. No chips will be ordered , no pcb's , nothing ... and we are already out of time.

To be fair, a lot of the reason I haven't gotten a miner built is because of how I do business - I try to put as little risk as possible on the customer. Which means I've turned away pretty much everyone who's wanted to put money into my project. An ASIC vendor would likely be more willing to talk to me if I showed up with an aslo of money ready to drop on the table, but I have a profound aversion to taking in money on an unproven design.

This is how:

It's been over for me for about 8 months,I already found other coins to mine & will NOT be mining bitcoin UNLESS....the diff goes down ALOT,or a miner is small enough & cheap enough to run at a loss at home.

Ain't gonna happen so move on bro 

Hell,if sidehack can't get a miner built no one can.And if does get one built,he will not have enough chips to make a really worthwhile run...........

It simply implies: Bitcoin is over.

One should consider the role of community mining in the heart of the Blockchain consensus protocol, never ever under-estimate it I have to repeat every word this days and I don't know why but I do repeat:

Bitcoin is over without community mining