Additional Investors wanted !
to accelerate return on investment.
ASIC is due Fall/Winter 2013
What is the difference?Our initial plan is to sell 50% and run other 50% for our investors.
Units that we will sell will be 4U rack mountable and modular, but you can easily turn them 90 degrees and it will stand like a mid-size tower computer. Modularity will allow customers to buy base unit for a lower price and then upgrade processing power as needed by buying additional modules.
We have to keep our Intellectual Property protected and abide by NDA we have signed with chip manufactures so please understand that there are some things that I can't divulge, but I will try my best to answer any questions that you may have.
BTW, I am not an electrical engineer, so give me a break on that. I am the CEO.
Details so far:$19.98/GH - Fixed for pre-orders only. Auctioned live when pre-orders had been filled.
G1-14-X3-240GH - $4,795 (288W-1,440W on 120V/15A)
G1-14-X4-320GH - $6,384 (384W-1,920W on 120V/20A)
To be able to fuller utilize 15A and 20A on 120V circuit or their multiples, or other voltage variations, we had made 3x and 4x module design to fit into 15A and 20A respectively.
Target power use is between 1.2W-6W/GH depending on final implementation. We will do everything possible to cost effectively lower power consumption, but cost of power between 1.2W-6W/GH is negligible vs our system's performance and should only account for less than 1% at a going rate, so not much to worry about. Fair enough?
Many of our competitors had quoted and continue to quote unrealistic power use numbers or only chip power numbers without power use by supporting electronics and cooling. They do that mostly due to inexperience in engineering and/or in running a business, so in the matters where we only know approximate range of numbers I will just tell you straight the range of numbers.
While we did initially stated that we were contemplating 20nm ASIC, from this point on, we will not be releasing chip specifications
only the hash rate and power consumption as the exact underlying technology makes no difference and we would like to protect our IP.
Tentative shipping schedule:
~ 10 weeks @ 50 units a day
~ 8 weeks @ 100 units a day
then @ 200+ units a day
Week of Units/week Total GH to be shipped
1 2013-Oct-28 250 62,500
2 2013-Nov-4 500 125,000
2 2013-Nov-11 750 187,500
3 2013-Nov-18 1,000 250,000
4 2013-Nov-25 1,250 312,500
5 2013-Dec-2 1,500 375,000
6 2013-Dec-9 1,750 437,500
7 2013-Dec-16 2,000 500,000
8 2013-Dec-23 2,250 562,500
9 2013-Dec-30 2,500 625,000
10 2014-Jan-6 3,000 750,000
11 2014-Jan-13 4,000 1,000,000
12 2014-Jan-20 5,000 1,250,000
13 2014-Jan-27 6,000 1,500,000
14 2014-Feb-3 7,000 1,750,000
15 2014-Feb-10 8,000 2,000,000
16 2014-Feb-17 9,000 2,250,000
17 2014-Feb-24 10,000 2,500,000
18 2014-Mar-3 11,000 2,750,000
19 2014-Mar-10 13,000 3,250,000
20 2014-Mar-17 15,000 3,750,000
21 2014-Mar-24 17,000 4,250,000
22 2014-Mar-31 19,000 4,750,000
23 2014-Apr-7 21,000 5,250,000
24 2014-Apr-14 23,000 5,750,000
25 2014-Apr-21 25,000 6,250,000
26 2014-Apr-28 27,000 6,750,000
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P.S. The posts that follow in this thread from some forum members are outright vicious and disrespectful, so be prepared. It's a free speech on the internet after all.Updates:(The reason I post updates here is because my investors do read this forum, but I would like to worn them that if you identify yourself be prepared to be trolled to tears.)
2013-03-27 - Thank you everyone for your kind and unkind posts. They certainly will keep me on my toes. I will not be engaging trolls by defending me or people with similar names, there is no point. Thanks to everyone who PMed me, but please don't send PM's, instead please email to
[email protected] My plans were initially not to take consumer pre-orders, but to sell part of a company to investors. But I realized that in such case investors will get much better deal than consumers, plan is evolving. The only reason that there is a plan to sell 50% to consumers is to bring higher value to the product and reliability to Bitcoin.
2013-03-28 - Several investors demanding faster delivery than we originally planned or is possible due to technology, so while my first team will be working on
20nm first ASIC, I will be hiring more engineers to work in parallel on our second chip that will come out first in about 3-5 month. I will not be publicly disclosing the technology or specs because it will only be available to investors since it doesn't threaten 51% attack and because I don't want anyone copying us. Investors will have more, but not all info under NDA.
2013-06-17 - Some spec corrections to accommodate modular design.
Additional Investors wanted !
to accelerate return on investment.