Topic: New ultra fast ASIC machines, who is legit and trustworthy and who isn't? (Read 4322 times)

Thanks.

what about hash fast?

Uniquify, HashFast Ink Agreement to Produce ASICs to Increase Hashing Speed for Bitcoin Miners

Strategic Partnership Moves HashFast to Forefront of Cryptographic Hashing Industry

http://www.uniquify.com/uniquify-hashfast-ink-agreement-to-produce-asics-to-increase-hashing-speed-for-bitcoin-miners/

SAN JOSE, CALIF. –– August 13, 2013 –– Uniquify (www.uniquify.com) today signed a multi-year agreement with HashFast Technologies to design and provide silicon fabrication services for a new generation of application specific integrated circuits (ASICs) expected to dramatically increase hashing speed for bitcoin miners.

Under terms of the agreement, HashFast Technologies, a pioneer in custom designs of ASIC chips for cryptographic hashing, will use Uniquify’s technology for the production of ASIC chips for cryptographic hashing.

The strategic partnership between HashFast and Uniquify, a leading high-performance semiconductor intellectual property (IP) and system-on-chip (SoC) design, integration and manufacturing services supplier, is poised to move HashFast to the forefront of the cryptographic hashing industry.

“Bitcoin mining is a fast-moving and highly competitive market,” says Simon Barber, HashFast founder and chief technology officer. “We chose Uniquify because we needed a partner who could produce the highest quality chip design, and get us to tape-out in record time.”

HashFast Technologies will announce auctions and specifications of the new chip over the next several weeks, marking the beginning of a new wave of hashing that will allow Bitcoin miners to work at dramatically faster speeds.

“The HashFast chip will give Bitcoin miners significant advantages in both speed and resources,” remarks Josh Lee, Uniquify’s chief executive officer. “We’re delighted to work with HashFast and look forward to its entry into the market.”
About HashFast Technologies

HashFast Technologies is a fabless semiconductor manufacturer specializing in extreme performance cryptographic ASICs. San Francisco-based HashFast was founded in 2013 by Simon Barber and Eduardo de Castro. HashFast completed its first funding round in July 2013. More details 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.

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ideas2silicon is a trademark of Uniquify. Uniquify acknowledges trademarks or registered trademarks of other organizations for their respective products and services.

HashFast and Uniquify Announce Tape Out of "Golden Nonce" Bitcoin Network Transaction Verification Chip to TSMC's 28HPM Process

http://finance.yahoo.com/news/hashfast-uniquify-announce-tape-golden-175723250.html

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.

If you still want to mine...check out stuff that is 1THS or more...cointerra.

Many of them sound way too good to be true...  Terahashes?  For less than $10K? 

http://www.nitrominer.com/

https://hashfast.com/

http://www.asic-technologies.com/ - These guys claim they can ship the KnC Jupiter for $4,350 in six days.  Over here they offer same hash speed as KNC Jupiter for $3800 (doesn't make a lot of sense): http://www.asic-technologies.com/ "shipping now - 521.1 -564.8 GHash/sec – 30 BTC /$3800 – 28 nm chip"

How can I tell who is legit and who isn't?   After reading horror stories about Butterfly labs I'm lost.  Seems like incredible profit is possible with many of these machines (if they are real) if you act NOW.

Thanks!

I never understood why the price of Bitfury are so high... (in EURO !) 
Why should I pay €6,500 (shipping + VAT NOT included) for only 400 GH/s  ? 

For ~ $6000 (shipping + VAT included!) i can have a Jupiter that run at 550 GH/s 

Where do you get your numbers from? They are ridiculously low. I don't know about the rest of the world, but last year, it have been 30 GW alone in germany

I never understood why the price of Bitfury are so high... (in EURO !) 
Why should I pay €6,500 (shipping + VAT NOT included) for only 400 GH/s  ? 

For ~ $6000 (shipping + VAT included!) i can have a Jupiter that run at 550 GH/s 

if you order something, order from http://www.bitfurystrikesback.com/ , best support, best price

Already started. 

5GW of solar electric already installed worldwide.  At 20% capacity factor, that's enough to power 100 Ph/s 24/7 (assuming 10W/Gh/s).

By the end of 2015, there will be 12GW of solar installed worldwide, enough for 240Ph/s 24/7, or maybe three times that, considering power per hash should fall as ASIC chip mfgs shrink their design rules.

A problem here is that any "factoring in" is just a guess. It's been increasing lately as there has been a series of hardware makers successfully shipping. Maybe it continues like a rocket. Maybe it doesn't.  The current rate of growth cannot continue forever though, or otherwise we will soon need to start converting the mass of the sun into energy to power the miners.

The current rate of growth cannot continue forever though, or otherwise we will soon need to start converting the mass of the sun into energy to power the miners.

Got a link?

BTW, if you're dead set on mining and you don't have tens of thousands of dollars, I think Group Buys provide the best values, if you can find a good one that you like.

I should mention that all of these mining calculators utilise the recent historic difficulty rise as their formula for future rises... and that may not be accurate and is far from conservative.  there is little chance that the difficulty rise for each of next 12 months will be the same as the 117% rise that most of these forecasts are using.   thats much too pessimistic, as we're in a transition right now.. and the petahashes are coming thick and fast because BitFury and KnC just shipped into a market previously dominated by very unpowerful chips, and between them, theyve pre-sold several PH's.  but after they've shipped, things will start to slow down, as the PH's that hashfast and cointerra will put on the network wont make as big a dent as KnC and BitFury have done because by the time they ship, we will already be on 4 PH (min).

Very few of them factor in how rapidly the difficulty is increasing.