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Topic: FPGAs coming soon for scrypt-based coins? (Read 4648 times)

legendary
Activity: 1708
Merit: 1000
Reality is stranger than fiction
March 26, 2013, 05:31:45 AM
#25
Its on schedule, still working at improvements to the code.

If you want help, pm me. I am a software engineer.

Also count me in when you are ready to ship the board.  Cool
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
Its on schedule, still working at improvements to the code.
newbie
Activity: 55
Merit: 0
Hey how's this coming along?  I'm interested Tongue
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
February 23, 2013, 02:37:06 PM
#22
Heh, this is true and expected, but our simulations are still looking good, but I will not be going and pointing out which ones we might be using to everyone.
legendary
Activity: 1484
Merit: 1005
February 23, 2013, 02:18:57 PM
#21
Quote
23.02.13 23:03:02 jasinlee: The altera fpgas were surprisingly disappointing for performance. So we are going to have to hunt for a better base production unit.
23.02.13 23:03:50 jasinlee: whichever device we use needs to be able to handle scrypt in parrallel and the altera fpgas (none of them) were able to do it.
https://btc-e.com/chat/history/13091

Quote
jasinlee: eh, we shall see, everyone assumes the 300 is a hard figure
jasinlee: when in reality we were just asking for opinions
jasinlee: For all I know, the only way to pull it off with a good amount of hashpower vs roi would be to sell them for 3000 and have them run at 3MH/s

Looks like scrypt is proving elusive to FPGA as expected
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
February 19, 2013, 02:49:57 AM
#20
Contributing by answering questions about implementation of certain pieces of code =\= selling fpgas. laSeek is assisting with answering questions, with his own time and to date has asked nothing in return. You guys are taking his involvment completely wrong. Oh, and we are not going to be offering preorders. That is why there is no firm date, we will fund the production without preorders.
Props to ya for not having to take preorders like other vendors.

Good work.
member
Activity: 98
Merit: 10
Milkshake
February 19, 2013, 02:38:11 AM
#19
Contributing by answering questions about implementation of certain pieces of code =\= selling fpgas. laSeek is assisting with answering questions, with his own time and to date has asked nothing in return. You guys are taking his involvment completely wrong. Oh, and we are not going to be offering preorders. That is why there is no firm date, we will fund the production without preorders.
That is great! Thanks for making it clear.
hero member
Activity: 742
Merit: 500
Its as easy as 0, 1, 1, 2, 3
February 19, 2013, 12:06:58 AM
#18
Contributing by answering questions about implementation of certain pieces of code =\= selling fpgas. laSeek is assisting with answering questions, with his own time and to date has asked nothing in return. You guys are taking his involvment completely wrong. Oh, and we are not going to be offering preorders. That is why there is no firm date, we will fund the production without preorders.
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
February 18, 2013, 11:57:03 PM
#17
I wouldnt hand over pre order monies without extensive proof of a prototype.

Laseek defaulted on a 30 BTC loan just a couple days ago:

https://btcjam.com/listings/747
http://forum.litecoin.net/index.php/topic,1205.0.html

there is still a couple months left till the loan is due to expire. so hold off spreading disgruntled loaners thoughts until the expiry date of loans.

if you had a mortgage and missed a payment just one month, or was a few days late in payment. would you want to have your house taken away instantly and imprisoned for fraud? of course not,
so chill out on accusing someone before expiry dates. put facts into context. and do the maths. that loaner complaining on the forums only put in 2BTC of the 30BTC. other big players and more experienced loaners know now to shout and accuse instantly. so dont take noob loaners aggressions to the reality of life as reasons to then cause chinese whispers, accusing people of scamming.

wait till April before accusing people.

and to user #636 who done a loan for about $50 and went on a rampage because he wasn't repaid $10 on time. if you cant afford to be without $50 for 6 months, maybe being a loaner is not the thing for you. don't loan what you can't afford / fear to lose. and that is advice to anyone. whether the loanee is trusted or not.

Still, people should be aware of that situation if he is going to be collecting pre-order $$. Maybe he sees he will be marked as a scammer because of the BTCJam loan and decided to run a huge litecoin FPGA scam on his way out the door... you can never be too careful. I know you're his buddy over at BTC-E and you want to defend him, but I wasn't accusing him of being a scammer. It is however a fact he missed a payment on that loan, you can't deny that. I, as a potential investor in litecoin FPGAs, would like to know all sorts of facts about someone collecting pre-order money when deciding to invest. So I thought I'd share it for those who didn't know. Sorry if I offended you.
legendary
Activity: 4424
Merit: 4794
February 18, 2013, 11:03:50 PM
#16
I wouldnt hand over pre order monies without extensive proof of a prototype.

Laseek defaulted on a 30 BTC loan just a couple days ago:

https://btcjam.com/listings/747
http://forum.litecoin.net/index.php/topic,1205.0.html

there is still a couple months left till the loan is due to expire. so hold off spreading disgruntled loaners thoughts until the expiry date of loans.

if you had a mortgage and missed a payment just one month, or was a few days late in payment. would you want to have your house taken away instantly and imprisoned for fraud? of course not,
so chill out on accusing someone before expiry dates. put facts into context. and do the maths. that loaner complaining on the forums only put in 2BTC of the 30BTC. other big players and more experienced loaners know now to shout and accuse instantly. so dont take noob loaners aggressions to the reality of life as reasons to then cause chinese whispers, accusing people of scamming.

wait till April before accusing people.

and to user #636 who done a loan for about $50 and went on a rampage because he wasn't repaid $10 on time. if you cant afford to be without $50 for 6 months, maybe being a loaner is not the thing for you. don't loan what you can't afford / fear to lose. and that is advice to anyone. whether the loanee is trusted or not.

sr. member
Activity: 396
Merit: 250
February 18, 2013, 10:57:12 PM
#15
If the FPGA isn't less than the cost of a GPU with an equal-to or higher output, I wouldn't be a buyer. That's for sure! The FPGA would have to use a ridiculously low amount of energy compared to a GPU otherwise.
sr. member
Activity: 322
Merit: 250
February 18, 2013, 10:45:53 PM
#14
Mine more RUC and NVC...it's so much "better"  Tongue

Since they made me the money to purchase this(if i do), they are cool Smiley Get over it

Any idea which chip or board are they designing LTC scrypt processor for? Will it be a custom board?

My guess, price-wise, is it will be a custom board, with a custom chip. Noone can charge (each device) 230$ for programming a ready made 50$ board enclosed in a 20$ black(as mentioned) enclosure Wink
sr. member
Activity: 396
Merit: 250
February 18, 2013, 09:53:30 PM
#13
Ha. I wouldn't order one until a few people had some in hand anyway. I'd risk the adjustment in difficulty over risking my funds!
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
February 18, 2013, 09:23:33 PM
#12
I wouldnt hand over pre order monies without extensive proof of a prototype.

Laseek defaulted on a 30 BTC loan just a couple days ago:

https://btcjam.com/listings/747
http://forum.litecoin.net/index.php/topic,1205.0.html
sr. member
Activity: 396
Merit: 250
February 18, 2013, 09:03:29 PM
#11
I have cheap electricity where I live ($.085/kWh). If these really were standalone and used low enough power, I'd probably buy 3-4 to start. Though I'm concerned about their effectiveness, as at 400KH/s, they lose money after the difficulty reaches around 80, and that's at my cheap electricity rates! I might be able to mine for a few months, but then they're break-even at best if the price doesn't increase.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
February 18, 2013, 08:50:43 PM
#10

Translation: "WAH no fair...i want the good toys too...wah  Cry"

 Grin Grin Grin

My point was that how the one thing cant be fair and the similar one can, i wont argue with you you will win lol
Yep i want that toy! I posted it in my first post in here Wink


ha ha ha ha ha

LOL!

Mine more RUC and NVC...it's so much "better"  Tongue
sr. member
Activity: 322
Merit: 250
February 18, 2013, 08:41:57 PM
#9

Translation: "WAH no fair...i want the good toys too...wah  Cry"

 Grin Grin Grin

My point was that how the one thing cant be fair and the similar one can, i wont argue with you you will win lol
Yep i want that toy! I posted it in my first post in here Wink
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
February 18, 2013, 08:38:03 PM
#8
Hey Dumbass,

If Novacoin (for example added any new value to crypto world) then okay...Balthazar has every right to premine and for people to take him seriously.

Finding a new design to mine in a more efficient manner (scrypt)...is NOT PREMINING.

Get that through your head.

The developers have every right to mine the fuck out of litecoin if they so choose because they added VALUE to litecoin and the new hardware by developing it.

LOL!

Your Best Friend,

Smoothie  Cheesy Cheesy Cheesy


You know exactly what i mean but you prefer to troll damn you
but since you agreed on both, i have nothing to say Smiley

Translation: "WAH no fair...i want the good toys too...wah  Cry"

 Grin Grin Grin
sr. member
Activity: 322
Merit: 250
February 18, 2013, 08:27:49 PM
#7
Hey Dumbass,

If Novacoin (for example added any new value to crypto world) then okay...Balthazar has every right to premine and for people to take him seriously.

Finding a new design to mine in a more efficient manner (scrypt)...is NOT PREMINING.

Get that through your head.

The developers have every right to mine the fuck out of litecoin if they so choose because they added VALUE to litecoin and the new hardware by developing it.

LOL!

Your Best Friend,

Smoothie  Cheesy Cheesy Cheesy


You know exactly what i mean but you prefer to troll damn you
but since you agreed on both, i have nothing to say Smiley
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
February 18, 2013, 08:25:56 PM
#6
No, creating a new device to mine an existing chain is not PREMINING lol.

It actually is, if you are saying that you have working devices you are willing to sell, and showing (copy/pasting) that it actually works (if thats the case), if its not considered "premining" its considered something very close to it to be fair

EDIT: added on my previous post: -> It could be seen as "Mine the hell out of a coin with this brand new "device", and then sell all those useless devices"

Before 1-2 days on the btc-e chat everyone(inc. laSeek) told that its unfair for the nvcdev(or any other coindev) to pre-mine his coin as a payment to himself, so how is this fair Wink

And no you can't hold a position to be one of the first buyers.   Cheesy

But.. But... *counts dollars in front of you* (lol)




Hey Dumbass,

If Novacoin (for example added any new value to crypto world) then okay...Balthazar has every right to premine and for people to take him seriously.

Finding a new design to mine in a more efficient manner (scrypt)...is NOT PREMINING.

Get that through your head.

The developers have every right to mine the fuck out of litecoin if they so choose because they added VALUE to litecoin and the new hardware by developing it.

LOL!

Your Best Friend,

Smoothie  Cheesy Cheesy Cheesy
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