Topic: PAPA ASIC NEED FUNDING PLEASE PARTICIPATE (Read 734 times)

thank you for your advice but let s see

Papamoi, please listen to me.

You will never get any decent amount of investment. Too many people have been burned by ASIC miners, either buying them or investing in ASIC companies.

99% of all the bitcoin companies in the world are scams. This is most likely a scam, and if not; it's still so much of a gamble the investor is better off going to Just-Dice and gambling their coins.


Sorry bud but this is so outdated it's not even funny. I am invested in ActiveMining and I already feel we are behind with 28nm in December/January.

If you are not offering under 28nm you better just buy bitcoins instead.


700MH/s a chip is very slow and cumbersome. Your competition are building single chips from 16,000Mh/s all the way up to 400,000MH/s

It's much easier to build rigs with these chips, your 700MH/s do not seem very competitive.

If you keep on posting you will simply waste your time, please give up and move on to a better project.

See here. And meanwhile quit posting duplicate threads eh.

replied here

https://bitcointalksearch.org/topic/papa-asic-need-funding-please-participate-350013

In case someone is actually considering this (which you shouldn't):

1. Demand Proof that there actually is a companies that is capable of this promises.
2. Demand some kind of contract
3. Demand that papamoi verifies his identity with you. (If he doesn't want to verify his identity with everyone at least with 1 trusted user)

Hi guys

after receiving accurate quotes from my ic house(chipmotion) based in shanghai china



here s what we ll have for our asic:

0.7/0.8 gigahash/chip
QFN package
65 nm tech
around 1w/giga of consumption

our fab will be SMIC .

As explained previously the gds is ready but we need to fund the tapeout and order a minimum wafer to get chips at cheapest cost possible.

For being able to give everyone 1Terrahash of chips we ll need 1400 chips/investor.

For being able to give these chips at cost price to everyone who will be with us on this venture,we ll need to have 1100 btc or 1.1 million usd
(1btc=1000 usd)

Each investor will get 1400 chips for 1.5 btc

so basically you ll get 1 th chip for 1500 us

and we need 735 investors who will invest 1.5 btc each

As i ll put my own 100k in this ,my shares in this will be 64 so we ll need now 671 investors bringing 1.50 btc each to get this done.

this is the adress where to send:

16VKxHkM8FHnAbyMPvu24QHDRxwCKKzh2n

send your name,email adress and adress with the transactions reference to [email protected]

feel free to pm me

remember minimum is 1.5 btc and you could always send a multiple of 1.5



the layout was already posted in my previous posts, i ll have the accurate chip details so we can start work on the pcb.

Please participate as this is an opportunity to get chips at cost price as you can do your math i won t earn 1 btc in this

thanks