Topic: FPGA Miner Design for Sale to Someone willing to Market It - page 2. (Read 8481 times)

Um...

And that would be the end of this thread.

This, is what we call spinning.



PS: Nobody gives a freaking shit as to how you're to cool your 60w mythical device.

Maybe you are new here? Everyone at the forums is very suspicious of new services. Say you come up with a simple widget that displays MtGox's price and you announce it here. No one will install it and you will get 5 replies asking for the source code to check that it isn't malicious.

There have been many problems and scams in the Bitcoin world. You have to earn people's trust if you want to be taken seriously.

Gavin Andresen leads the development team of the official client, but I guess that a simple video will do for now.

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Teraminer, just grab your cell phone and shoot some video of the FPGA in action. If you have one running it shouldnt take 10 minutes of your time. That should be good enough proof to assert you are not just trolling. In theory, it could still be a more elaborate hoax, but I kinda fail to see the point in anyone doing that.

Thanks for these recent replies as they highlight a benefit that I had not considered. It seems that not only are the electricity costs a factor but the noise and heat pose significant discomfort to the miners. We would strive for a passive heat sink (no noise) but the 60W estimate for the high-end product may require a fan. We'll see.

My impression so far is that if we build this, it would be significant enough that miners would really go for it.

Also, I've learned that you miners are a skeptical group. Therefore, our first order of business would be to have a reputable set of miners evaluate our early prototypes. Is there a short list of people that you recommend we work with to get a review that would satisfy the masses? I heard mention of "Gavin"? Any others?

I apologize if the original post was misleading. When I stated production costs, I was talking about the cost to manufacture the board as opposed to price to sell the board. I realize it wasn't worded well. I will change the original post to be more clear that these are manufacturing costs.

They virtually produce little noise and heat compared to a GPU running 24/7 at 99% load etc.

The OP is just coming here and saying all these incredible sounding figures. It is like somebody telling the auto industry they can make an electric car with 1000 km range and very cheap cost 10000 dollars. Simply impossible with current tech. That is why we are so skeptic. If this is true then by no means send Gavin or somebody a little bit of evidence then we can talk about scaling your production process to cope with all of us buying this and selling our ATI cards etc.

I like the heat as it keeps my office in the garage warm but dear god the fans make a racket dont they. Still its free heating so I try not to moan to much as winters in the UK suck.

How do these FPGAs mesure up on the noise/heat front?

Exactly my point too. Too damn good to be true. Would so love to get rid of these heat and noise making GPUs near my bed.

Im going to be humble on the internets   you have a point so..

As a miner if this was actualy for sale in a polished state ready to rock and roll and not an investment scam I would certainly buy the 3000 mhash/s model.


Happy ?



Still bullshit and belive me no one wishs it wasnt the case more than me I would love somthing like this.

Lets recap at first you make some exaggerated claims in your OP along with 'unbelievable' prices.
Then you proceed telling everybody that this are your production costs while mentioning nothing in the sort at first.
You tell us that you have made a working prototype 'on off-the-shelf' equipment and now suddenly all that's left is a proof of concept.

ok I admit it IHBT... can we move on now 

I don't mine. I don't plan on start mining until there are small low power FPGA/sASIC/ASIC solutions available that I can fire up and forget. No whining fans, no noticeable heat output.

I don't plan on ever mining for profit. I would run such a system to help support Bitcoin. While I can't quantify any numbers for you, I'm quite sure there are others who - like me - are interested in Bitcoin as a social and political experiment more than as an "investment".

With all that said, without ArtForz or ztex at least considering your numbers to be plausible (Mhash/s as well as price) I belong to the wait-and-see crowd. Impressed and interested, if true.

Well the problem is this : these figures are way too optimistic and so much better than current production models and the like that people are doubting them. If this was indeed real then I would totally consider dumping my GPUs because of the less noise, less consumption of energy, no need for host computer and all the clutter that comes with it etc. The only downside would be the cost ( which imho is totally reasonable even at 3000 bucks for the big 3000 mhash/s model as it is just at the magical 1$/mhash point ) and problem that this cannot easily be used for other things like GPUs can etc.

BUT at the current climate anybody who buys further mining hardware is a complete and utter idiot AND these values seem to good to be true and possible in real life etc. AND you give no proof or any evidence these figures are possible. Hence, people saying it is a scam.

You should add a poll to this thread. I'd probably buy one of the high end boards when it's ready and if I'm convinced then that it's not a scam (sending a prototype to a trusted person like one of the core devs might be a simple solution to get the required trust).
I think you'd sell quite a lot as this basically would kick most gpu miners out of the game (at least those who pay for their electricity).

ElectricMucus and RobertRibbeck,

Throughout this thread, I have continually reminded that we have a working proof-of-concept and some good component pricing locked down. We're just trying to decide whether to take this all the way to production. You should know that we would not take a dime from anyone until we had a product to sell. If there was a large-scale miner that was impressed by our demo and was willing to put some skin in the game to get temporary exclusivity, we'd consider it. That arrangement would be useful to mitigate our personal risk, that's all.

My questions on this thread are helping us to understand the potential demand for this solution. We'll use this feedback in our decision to go forward or not. No scam. No money exchanging hands. Thanks nmat for getting it. Just looking for an intelligent discussion regarding the value of such a product. It doesn't do anybody any good to continue doubting our abilities or motives. Just assume that we can prove our targets once we move away from the dev kit and build the first prototype. I know this is hard for some but I'm trying to have a productive conversation on the forum. Treat it like an "academic" conversion if that makes it easier for you.

Again, assuming a 2x markup over costs mentioned, would the typical miner be likely to replace their GPUs with this product. What sort of penetration do you think it could make in the global hash rate? I'm hoping that this is the place where mature BitCoin miners might offer some advice and guidance for us.

Am I missing something? He isn't asking for money. The question is: if I was selling these, how many would you buy? You don't pay to answer. Besides, if you are wasting your time posting to call this a scam, you might as well give a real answer.

When he comes asking for money, you can tell him to get lost. Right now, it isn't the case.

LOL. Proof or it didn't happen.

Untill proof is provided then your wasting everyones time.

I'm interested in FGPA as a miner however  your posting ....




Wish scammers wouldn't toy with us so.

Proof wont be coming but hey I would love to be wrong.