Topic: I propose to develop an FPGA chip for altcoin miners. (Read 398 times)

Hi. Nothing happened to VenusMINE yet. VenusMINE here was called "fish shit" and said that I can count on the investment only if I make a prototype at my own expense and prove its performance. But the prototype costs from 100 to 200 thousand dollars. I don't have that kind of money. Therefore, the VenusMINE project is mothballed until I find another investor or earn this money.

If you are talking about profit from this project, then there has never been any profit. I worked on it for 2 years and put all my money there. In addition, we raised $ 4800 on ICO, and this money was spent on development. The last 2 months I have been modifying the core without a salary. But I completed it. And this is the fastest kernel for Bitcoin miners in the world!
But I cannot beg anyone to invest in this project and in a couple of years to become billionaires. Especially people who are already milonery. They do not need anything today - why should they risk investments? They want to do nothing, not to invest in anything, but at the same time so that their capital multiplies all the time.

I started this project in order to earn the necessary investments for VenusMINE.
The advantage of this project is that it does not need innovation. There is no need to take risks. The FPGA architecture is standardized and well known. You just need to make your own copy and create all the necessary programs for translating the code and firmware of these chips. Everything.
It is very beneficial and has no risk. I hoped that at least the crypto community would have enough courage for this project. Moreover, I am not saying that this will be my project - let it be the project of the entire community. I offer only my services as a developer + a small share in the project, which should be enough for me to promote VenusMINE. And let the community choose those whom it trusts, let them organize together and create a project, let all investments and project management be under their control. It suits me. And I will develop an FPGA for altcoins.
That's all.

Hi,

Just wondering, what happened to the VenusProject?

Can't you use the profits from that ICO to kick start this project?

What do you think - how does the salary of an employee differ from the owner of his own business?

Wow, you have you found the holy grail that makes you better than intel/Altera and Xilinx !   
Why don't you sell your knowledge to Intel or Xilinx ?

I know how to make a more compact LAB than Altera or Xilinx. This will allow more programmable gates to be placed on the same area. And this = performance gain with the same power consumption. This means that the cost of electricity will not overlap the profit.
Do you understand?

The bottom line is that only those can make profit, who has the few energy costs ... or the one who makes or sells the things.

I apologize, this is all googlish's fault. I know a little English, but not enough to communicate freely.
In this case, you see a poor literal translation of the Russian expression. It means "to obtain funding to complete the development."
Sorry.
There will be an opportunity - I will definitely learn English.


In our people in such cases they say: "fear has big eyes." This means that a person who is afraid of something sees what scares him like something very large, even if it is actually very small.

Your statement about the need for many hundreds of millions of dollars to develop an FPGA chip is refuted very simply - the companies that developed these chips started with very small investments.
For example, the founders of Xilinx "raised $ 4.5 million in venture funding to design the first commercially viable FPGA." And you should understand that most of this money went to pay for the manufacture of chips at the factory, because Xilinx was one of the first fabless companies in the world. This means that they spent only a few thousand dollars on the development of the first FPGAs from scratch. There were only 3 people. For 1 year, they developed a chip, produced it and started selling it. Calculate the salary for three engineers for 1 year. It should be noted that in 1984 all development was carried out on film and paper.
Now everything is much easier. We know how the FPGA works. We have computers and the necessary programs. It will be much easier for us.

As for the reason that they are now absorbing hundreds of millions of dollars, it’s because an effective development model has disappeared long ago. They no longer hire enthusiasts, but rather hire lazy people who receive huge salaries for their inaction. The number of managers in such a company is greater than the number of developers. At the same time, the salary of managers is much more than the salaries of engineers. Another item of expenses that the company imposes on the end customer is the development of innovations, that is, those things that do not have a specific relationship to the current product that you are buying. At your expense, they can develop for many years a robot that will understand the facial expressions of a person’s face, and you will think that this money is going to develop FPGA chips and that the high price of a chip is quite justified. And to all this you need to add the desire of the owners of the company who want to earn a lot of money. Sum up all this and you will get the price of modern FPGA chips. But this is not the price of their real development cost.

For this reason, their companies for the hundreds of millions of dollars do the same work that several hungry Russian developers can do, having no managers over themselves and having a good incentive to successfully complete the project, for only a few thousand dollars a year each.
For example, I now live for $ 500 a month and if I know that this project will bring me a future perspective, I will be happy to do it for such a salary in the next year or two. Of course, I am not a family man and I have little expenses. Those who have families, need large salaries. But even family salaries are much less than the millions that large companies need to develop.
I assure you that the biggest money that will be needed in this project is the money that will need to be paid to the plant that will manufacture the chips.

You have to understand one important thing that you always lose sight of. FPGA is a cloned structure. It creates a couple of small modules that are simply cloned around the crystal using the copy / paste method. Do you understand this? It is not as difficult as you think. If I did not know this, I would not make such an offer. The core of any ASIC for cryptocurrency has a much more complex structure.

lol...good luck raising the 100s of millions needed to develop and tape out and produce silicon of a custom FPGA chip at a sufficiently low enough node to make economical sense. There is a reason why there are only a few FPGA companies and they sell their chips in the 1000s.

 

Yes, you are right - this is a very serious project. In our country they say "this is not selling seeds in the market".
But in our country there is another proverb: "The pots are not molded by holy clergymen." This means that even very complex work (for example, spacecraft) is made by ordinary people.

About millions.
At the initial stage, when I will develop a logical cell and a transport cell, a lot of investment is not necessary. It is enough for me one ordinary salary.

Further, when we have cells and there will be a grid of cells that can be shown in a visual simulator and give it a simple program - you will see that everything works. Then it will be possible to connect another 1-2 engineers, so that together with them we would finalize the devices necessary for the chip: input / output, clock frequency oscillators, data distribution, block control, programming bus, memory blocks.
At this stage, you will need to pay 2-3 engineer salaries.

Now we will have a ready chip, its simulation, source code and testbench.
There comes the third stage - the manufacture of the prototype. This is a multi-project wafer. If you make a project on technological standards up to 22 nm, I think $ 100,000 is enough.
While porting the RTL code to the topography ... while photolithographic plates are being made ... while test chips are being manufactured - we develop a motherboard for the chip and produce several test samples + we write a test bitstream for this chip for any cryptocurrency we choose.
After that we get the chip, we program it and we get the result of its work.
According to the result of the work we make calculations of productivity and economic advantage.

Then you can attract third-party investments, because people will see the real prototype and its capabilities. I do not think that the modern cryptoindustry will not be able to collect several million dollars if it is confident of a profitable result.

And the risk in this project is minimal. I already wrote about this.

Thus, in the early design stages, you need only a few thousand dollars to pay a couple of engineers.
Next you need about $ 100,000 for the manufacture of test chips and motherboards for it + bitstream development and testing.
Everything. These are all costs that early investors will incur.

And the result - it will be a guarantee of solid income from the mining of altcoins or the sale of miners on the FPGA.
I don’t think that Bitmain or Canaan companies regretted designing chips. But it all began with the same idea as here. Then there was an industry request for ASIC. Now there is an industry request for cheap FPGA. Nobody is doing this yet.

So it needs to start doing this now !!!
If we don’t start doing this, then someone else will start doing it later and remove all the cream from the market.

About the best minds.
For FPGA, it doesn’t matter how complicated the cryptocurrency hashing algorithm it processes. FPGA has a fixed device.
The question is: how much LUTs (LABs) is available on the chip for programming, how much RAM is available on the motherboard, how much static cache memory is available on the chip and what is the frequency of operation.
My job as a developer is to make as fast cells as possible. Everything else is a long-standing standardized problem, which is solved in many micro-electronic devices. For example, even the integration of the ARM core into a chip is no longer a secret innovation. Much of this is already ready. It is only necessary to take and connect together.

In our country they say: "The wolf is not as scary as it is depicted in the pictures." This means that many tasks that seem very difficult are actually simple. Only one thing adds complexity to them — few people take on these tasks.
But do you really think that it is too tough for us?
If the crypto-community can finance the development and manufacture of the test chip + board, then I will prove that we can do it!

Yes. But you're talking about a very serious, ultra-skilled startup that will burn millions in a blink. Not easy, not low risk. The expertise needed to stand any chance of success is considerable. Sure that experience exists, but even the best minds get tripped up by the speed of change in crypto, the market instability, etc, etc.

Oh, I understand, you are talking about discounts.
But I do not understand why the difference between $ 9 and $ 1949 is not obvious to you ... This is the abyss.
In addition, do not forget that Xilinx makes its boards for the general needs of the industry, and not for the needs of cryptocurrencies. And in the case of your project, you can make them the ones that are needed in the cryptocurrency sphere. For example, with a large amount of RAM, with thicker data buses, with other frequency bands. For example, with microcells, you can put an oscillator on a chip, which will produce from 5 to 10 GHz clock frequency, and on Xilinx chips you will never overclock.

I suggest you to develop your own sports car and drive along roads where YOU want a speed of 300 km / h for a total of $ 10 for each trip.
But YOU tell me that for each trip you can buy a regular bus for $ 2000 (with a discount) ... which goes only along the planned route at a speed of 60 km / h.

Do you see what we are talking about different things?

you can get a vu33p on a mining board for 1949$, this was done by pushing xilinx to lower prices. You absolutely can get proven chips discounted at volume pricing.

I need a chip that I can program with self modified code for some future tech A.I. pm me

You can’t spend your money on bringing existing chips cost down and deving for existing boards. FPGA chips are developed by only three companies:
Xilinx;
Altera;
Actel.
Only two of them produce chips that are used for mining. Only these companies set the price of their chips and boards. And this price is very high. Chips cost from a few hundred dollars to two thousand. Boards cost from a thousand dollars to several thousand. Such a high price is based on the fact that these companies have no competitors.
You cannot come to Xilinx or Intell, and say to them: "Take our money, but lower the price of your chips and boards" ...
And now for the second question:


If you develop a chip of your own design, then its cost for all project participants will be only a few dollars apiece. Board will cost $ 20-50 apiece. The payback of miners collected on such boards will be 100 times faster. Now you need to spend 1.5 - 2 years in order to recoup one board with a price of $ 6000. Boards of own production will require only 1.5 - 2 weeks for payback, and then - net profit.

Now the most important thing is about risks.
The risk is minimal.
1) Development can be conducted in an open way for investors. Even if one of the developers dies, other developers will be able to continue this business.

2) Development is not complicated, because FPGAs are based on small and simple blocks that multiply on the board. We can start with very simple chips, and then when they start to make a profit, add complexity to them by adding more complex elements, such as ARM cores or special controllers.



3) This development is multifunctional, because it allows you to reprogram FPGA to another cryptocurrency. Even if cryptocurrencies are in decline, these FPGA chips can still be sold, because they can be used in any other areas of electronics.

As you can see - the risks are practically reduced to zero. The only thing that investors spend in this case is time.

BUT! If investors can come to an agreement and create a company, they can become another player in the microelectronics market alongside Intell, AMD, Xilinx, Altera ... And this promises very high returns.

People who now earn on cryptocurrencies do not invest their money in high technology, although I know that they have enough money to pull such developments. Because of this, their future is foggy and all fluctuations in the price of cryptocurrency are reflected in them. Microelectronics is a stable and growing industry. The future is robots, artificial intelligence, automated systems, autonomous plants ... and chips are needed everywhere ...
Think about it.

Lots of fpgas out and available for purchase. Why would we risk capital on developing new tech. Why not spend you resources bringing existing chips cost down and deving for existing boards.

Hello guys.

I want to offer YOU all the joint development of a new FPGA chip specifically for mining cryptocurrencies.

We all know that the performance of modern FPGA chips in mining of altcoins is superior to GPU. However, the main limiting factor is the price of modern FPGA chips. The high price of chips and boards on them is based on the fact that there are only a couple of developers of these chips in the world, who, moreover, do not focus on the mining market for altcoins.

However, ordering FPGA chips in production costs the same as ordering ASIC chips. This means that if we develop our own FPGA chips, we will be able to order them at TSMC very cheaply and create FPGA miners based on them. At the same time, the very good news is that FPGA does not need to be ordered using the 7 nm technology. The best samples today work at 16 nm, and since we can save on the price of each chip, we can produce effective mining chips for the 45 - 22 nm technology. The combination of their price / performance / energy efficiency will be higher than that of modern industrial FPGA or GPU.

Two development options are possible:
1) Open development;
2) Closed development.

What we have:
1) Developers;
2) Experience in developing devices for cryptocurrency;
3) Understanding the requirements for a target FPGA device;
4) Consultants for SoC and FPGA.

What is needed:
1) Financing development.

With permanent funding available for 1 year, it is quite possible to start a working device.

Ok. I will not be long to paint the nuances. The offer is open to both investors and developers who are willing to participate in the project. The form of cooperation can be chosen according to the results of discussion and a general decision. Technology development can also be considered any. At the first stages of development, large investments are not required, but it must be borne in mind that ordering the first test chips at the factory using multi-project wafer technology (MPW) and manufacturing the motherboard can cost up to $ 100,000.

Thus, I am interested in whether there are those among YOU who may be interested in this topic and who are ready to finance it.

I sincerely ask those who are accustomed to call everything “scum” and “fish shit” to pass by this topic. It does not organize a new ICO. No money is collected here. Here, no one wants to fool anyone. This topic was created solely in order to understand whether the community is interested, and if the answer is yes, under what conditions is it possible to create such a project. It's all.
I hope for your understanding.

Respectfully,
Vitaliy Monastyrskiy.