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Topic: ► ► ►HashFast Endorsement (Read 36908 times)

legendary
Activity: 1764
Merit: 1002
September 24, 2013, 05:10:17 AM
FYI.

I am no longer being paid by Hashfast. That concluded with batch one.
hero member
Activity: 546
Merit: 500
Owner, Minersource.net
September 09, 2013, 06:29:39 PM
everyone, please pay attention:

"The Baby Jet motherboard has room for an additional GN chip.**"

this applies to the Batch 1 units as well.

So this means that with the MPP if we receive 3 bare chips we could install one by improving the power supply which is ok. But price for aditional motherboard ?

Any plans of hosting ?

I also think that executing the MPP will be really dificult depending on international shipping delays as in my case and depending on when the diferent units in the batch gets shipped, so you should find a solution to that.
A bunch of us are already offering hosting, and working on a project to develop DIY boards. I think the thread is in this section or in GB's.
sr. member
Activity: 826
Merit: 314
GIF by SOCIFI
September 09, 2013, 06:28:15 PM
everyone, please pay attention:

"The Baby Jet motherboard has room for an additional GN chip.**"

this applies to the Batch 1 units as well.

So this means that with the MPP if we receive 3 bare chips we could install one by improving the power supply which is ok. But price for aditional motherboard ?

Any plans of hosting ?

I also think that executing the MPP will be really dificult depending on international shipping delays as in my case and depending on when the diferent units in the batch gets shipped, so you should find a solution to that.
legendary
Activity: 1764
Merit: 1002
September 09, 2013, 06:12:19 PM
everyone, please pay attention:

"The Baby Jet motherboard has room for an additional GN chip.**"

this applies to the Batch 1 units as well.
full member
Activity: 154
Merit: 100
September 09, 2013, 05:47:33 PM
HashFast has launched sales of it's second production batch. We are now selling our commercial grade unit, the Sierra, which contains 3 Golden Nonce (GN) ASICs, and all Baby Jet and Sierra machines can now be purchased with or without the Miner Protection Program™.

John
HashFast.com
legendary
Activity: 1876
Merit: 1000
September 09, 2013, 02:49:03 PM

It is going to be a horserace.....  I hope I picked the right horse!
legendary
Activity: 1722
Merit: 1004
September 09, 2013, 09:49:32 AM
So, I think where I'm looking for more clarity is:


1) Cost of the board/rig required to run additional chips if the MPP gets executed. Do we have a parts manifest for this yet, or a price to outright buy a pre-assembled rig from Hashfast?

2) If anyone from Batch-1 gets additional chips from the MPP, everyone should. Otherwise, there can be situations in which people who are ahead in the shipment queue actually do worse. For example, let's say that the 1st BabyJet from batch-1 goes out on October 25th and has made a slight profit by Jan 23rd; under the current MPP verbiage as I read it, that means no new chips for Owner #1. Let's further say that the 500th BabyJet from batch-1 goes out November 25th, but has just barely not covered costs by Feb 22nd. In this case, the owner of the 500th gets new chips for free, but the owner of the 1st still doesn't. Given the low power consumption of BabyJets, they'll likely be worth running for quite some time, so over that lifetime, the owner of the 500th probably does better. It depends on the exact nature of how the overall network hash-rate curve develops, of course, but it seems to me that the fairest thing to do is to execute the MPP across the entire Batch; ie, if anyone from the batch gets more chips, everyone should.


Can we get some clarity/comments on the above?


In any event, HF seems to be doing great work. Tape-out ~10 days ago, plus the TSMC announcement...good stuff.
sr. member
Activity: 297
Merit: 250
September 05, 2013, 09:27:48 PM
It's true that this is a PR text, but there is an important fact in it:
Quote
The design simulation met or exceeded the design targets, performing more than 400 billion double-SHA256 hashing operations per second (GHash/s), while consuming less than 0.6 W/GHash/s at nominal clock rate, setting a new industry benchmark.
God to know this step turned out better than expected.

One more important new fact: TSMC.

Quote
Established in 1987, TSMC is the world's largest dedicated semiconductor foundry. As the founder and leader of the dedicated foundry business, TSMC has built its reputation on offering advanced wafer production processes and unparalleled manufacturing efficiency.

Nobody has a better chance of meeting or exceeding the "simulated mumbo-jumbo" than TSMC.

HashFast just dropped the hammer on their competition.  It doesn't get any better than TSMC, the 500lb gorilla of the chip biz!   Cool



Agreed.  TSMC was responsible for the first ever shipped ASIC as well (Avalon) so they have a good track record with putting out working chips.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
September 05, 2013, 06:30:16 PM
It's true that this is a PR text, but there is an important fact in it:
Quote
The design simulation met or exceeded the design targets, performing more than 400 billion double-SHA256 hashing operations per second (GHash/s), while consuming less than 0.6 W/GHash/s at nominal clock rate, setting a new industry benchmark.
God to know this step turned out better than expected.

One more important new fact: TSMC.

Quote
Established in 1987, TSMC is the world's largest dedicated semiconductor foundry. As the founder and leader of the dedicated foundry business, TSMC has built its reputation on offering advanced wafer production processes and unparalleled manufacturing efficiency.

Nobody has a better chance of meeting or exceeding the "simulated mumbo-jumbo" than TSMC.

HashFast just dropped the hammer on their competition.  It doesn't get any better than TSMC, the 500lb gorilla of the chip biz!   Cool

sr. member
Activity: 434
Merit: 250
September 05, 2013, 06:25:25 PM
It's just simulated mumbo jumbo. Pre-order vendors have been issuing overly optimistic simulation results since forever. Until they have test chips in hand and some solid measured results everything will remain up in the air.
legendary
Activity: 1974
Merit: 1077
^ Will code for Bitcoins
September 05, 2013, 05:45:37 PM
The whole thing reeks of PR fluff instead of an article.

It's true that this is a PR text, but there is an important fact in it:
Quote
The design simulation met or exceeded the design targets, performing more than 400 billion double-SHA256 hashing operations per second (GHash/s), while consuming less than 0.6 W/GHash/s at nominal clock rate, setting a new industry benchmark.
God to know this step turned out better than expected.
sr. member
Activity: 364
Merit: 250
September 05, 2013, 05:18:02 PM
Hehehe, we're talking marketing speak here AussieHash. It's like a whole new lingo where you make up your own meanings and take small (or giant) liberties:

"New & Improved!"
"4 out of 5 dentists prefer our gum!"
"More clowns prefer our Big red noses over our competitors lousy red noses!"

The whole thing reeks of PR fluff instead of an article.
hero member
Activity: 692
Merit: 500
September 05, 2013, 04:21:29 PM
Quote
Since announcing Golden Nonce, HashFast has become an industry leader in the production of Bitcoin network verification equipment.

The validity of this statment lies somewhere between vapour and the truth.
full member
Activity: 210
Merit: 100
September 05, 2013, 02:04:35 PM
HashFast and Uniquify Announce Tape Out of "Golden Nonce" Bitcoin Network Transaction Verification Chip to TSMC's 28HPM Process
MarketwiredPress Release: Uniquify – 41 minutes ago

SAN JOSE, CA--(Marketwired - Sep 5, 2013) - HashFast Technologies (www.HashFast.com) and design and manufacturing operations partner Uniquify (www.Uniquify.com) today confirmed that HashFast's Golden Nonce (GN) Bitcoin network transaction verification Application Specific Integrated Circuit (ASIC) has successfully taped out on TSMC's 28HPM process.[snip]

Is this the same tapeout as was announced on August 29?

("HashFast's Golden Nonce GN ASIC successfully taped-out yesterday, Wednesday the 28th, and has been released for 28nm fabrication to a well-known, leading-edge foundry.  More details will follow in next week's joint press release.

-John")
legendary
Activity: 1764
Merit: 1002
September 05, 2013, 01:55:37 PM
HashFast and Uniquify Announce Tape Out of "Golden Nonce" Bitcoin Network Transaction Verification Chip to TSMC's 28HPM Process
MarketwiredPress Release: Uniquify – 41 minutes ago

SAN JOSE, CA--(Marketwired - Sep 5, 2013) - HashFast Technologies (www.HashFast.com) and design and manufacturing operations partner Uniquify (www.Uniquify.com) today confirmed that HashFast's Golden Nonce (GN) Bitcoin network transaction verification Application Specific Integrated Circuit (ASIC) has successfully taped out on TSMC's 28HPM process.
This high-performance design was developed to provide an increase in the available hashing capacity for Bitcoin network transaction verification operations (also known as Bitcoin "mining"). The design simulation met or exceeded the design targets, performing more than 400 billion double-SHA256 hashing operations per second (GHash/s), while consuming less than 0.6 W/GHash/s at nominal clock rate, setting a new industry benchmark.
A Leap Forward in Technological, Performance of Bitcoin Microprocessors
The GN chip will be fabricated at TSMC's 28nm GIGAFAB foundry in Taiwan. HashFast has already increased the initial planned production volume of the GN chip to address strong pre-order demand.
Key features of the design include a modular architecture, a fault-tolerant physical layout to allow for maximum silicon yield, and an ability to be overclocked for greater performance and underclocked for greater efficiency. Its use of on-die thermal controls allows operation at its maximum performance given the capacity of the cooling system deployed with it.
Since announcing Golden Nonce, HashFast has become an industry leader in the production of Bitcoin network verification equipment. The GN chip provides increased hashing performance, while lowering power requirements and addressing thermal issues of earlier Bitcoin mining ASICs. HashFast began taking public orders in August for the Baby Jet mining systems, the first product to house this processor. Once the initial batch of GN chips is produced and tested, Baby Jet will begin shipping in volume.
 "The rapid development and tape out of the GN chip is another testimony to the power of our Perseus design management system," says Josh Lee, Uniquify's founder and chief executive officer (CEO). "With Perseus, we were able to go from first RTL code to final tape out in under three months, an exceptional performance for any ASIC design program, let alone a sophisticated 28nm design such as Hashfast's GN chip."
Eduardo deCastro, founder and CEO of Hashfast, agrees and notes: "Working with a mature design team has been a key advantage. We've been able to leverage our team's decades of experience to quickly explore and evaluate multiple options, and deliver at record speed. Another critical advantage was the choice of Uniquify and TSMC for design and manufacturing. Both are at the top of their fields, have worked together on multiple projects, and are true innovators."
"We are pleased to be working with Uniquify and HashFast to enable this new ASIC design," said Brad Paulsen, TSMC Senior Vice President, North America. "This application is a good fit with TSMC's 28HPM process technology and we wish them much success with the GN product."
About HashFast
Headquartered in San Jose, Calif., HashFast Technologies is a fabless semiconductor manufacturer specialized in the production of high-performance ASICs at aggressive performance nodes for the network verification of digital currency transactions. Its mission is to push the performance of network transaction verification hardware, and make leading-edge ASICs available to the public. The company was founded in 2013 by Simon Barber and Eduardo deCastro, and is privately held. More information can be found at: www.HashFast.com.
About Uniquify
Headquartered in San Jose, Calif., Uniquify is a privately held, rapidly growing system-on-chip (SoC) design, integration and manufacturing services supplier, and innovative developer and provider of high-performance semiconductor IP. Its "ideas2silicon" services range from spec development and front-end design through physical design and delivery of packaged, tested chips. Uniquify's headquarters and primary design center is in San Jose with additional design teams in Pune, India, and Seoul, Korea. With more than 100 employees, Uniquify offers 65-, 40- and 28-nanometer SoC design expertise, integration and manufacturing services and high-performance IP to leading semiconductor and system companies worldwide. Additional information can be found at: www.uniquify.com.
ideas2silicon is a trademark of Uniquify. Uniquify acknowledges trademarks or registered trademarks of other organizations for their respective products and services.
Contact:
For more information, contact:
Bob Smith
Uniquify
(650) 269-8780
Email Contact

Nanette Collins
Public Relations for Uniquify
(617) 437-1822
Email Contact

John Skrodenis
HashFast Technologies
(415) 484-5789
Email Contact
legendary
Activity: 1512
Merit: 1000
September 05, 2013, 11:13:53 AM
The chips are free and you only get it if you don't hit ROI.

But can only be requested after 3 months. [You need to mine/have it for 3 months, if you don't hit ROI by then, then.... you can request chips from the MPP].

That's why everyone is just saying... just give out the chips at the start. There's no point waiting 3 months and then having to ask for chips later on anyway.

That's ridiculous.
full member
Activity: 210
Merit: 100
September 05, 2013, 07:41:15 AM
The chips are free and you only get it if you don't hit ROI.

But can only be requested after 3 months. [You need to mine/have it for 3 months, if you don't hit ROI by then, then.... you can request chips from the MPP].

That's why everyone is just saying... just give out the chips at the start. There's no point waiting 3 months and then having to ask for chips later on anyway.

That makes no sense.
At the start, there's an order queue to be filled -- there are no surplus chips & the chips are much more valuable (due to lower difficulty) than they will be 3 mo. in the future.
Think of it this way:  In three months, look here.
sr. member
Activity: 308
Merit: 251
The realist
September 05, 2013, 07:25:44 AM
The chips are free and you only get it if you don't hit ROI.

But can only be requested after 3 months. [You need to mine/have it for 3 months, if you don't hit ROI by then, then.... you can request chips from the MPP].

That's why everyone is just saying... just give out the chips at the start. There's no point waiting 3 months and then having to ask for chips later on anyway.
sr. member
Activity: 297
Merit: 250
September 05, 2013, 07:09:21 AM
If it was the whole unit for 1000 bucks then it would reasonable
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