Topic: [PRE-ICO] VenusMINE - OPEN SORCE ASIC for Bitcoin miners !!! - page 3. (Read 14727 times)

Thought. We started developing such a coin, but no one began to sponsor its development, because investors invest only in projects where they can earn money. And such a coin does not bring profit. Therefore, we started our project VenusMINE to earn money and finance the VenusGEET project on our own. He is now frozen. Its symbol you can see on a T-shirt, against which background electronic components are photographed. The photo is located above.

By the way, you have a mistake in the signature, an extra block of style: "[/ center".

Published explanatory video in English "Inside Bitcoin", which tells what is a chip, crystal, core, transistor, logic gates and architecture:
https://www.youtube.com/watch?v=56m_zk7NNNU&t=15s

You write. "Given that the possibilities of technology to reduce the technological process reached its physical limit and reduce technological standards of less than 3-5 nm, it is impossible, we believe that the future of the mining industry is to optimize architectural solutions." And you did not think that you can do without mining at all? There are coins that are not mined.

Attention, the Russian version of Whitepaper has been published.
English is being prepared for publication next week.

We made a translation of the video with simulation. Welcome to viewing: https://www.youtube.com/watch?v=BwFkRw-9g88&feature=youtu.be

We buyed the FPGA + Arduino and more other electronic components. We will port our architecture to FPGAs. Expect the next report on our progress.

"And where is the smart contract code? And if the outbreak is divided into 4 parts, where are the guarantees of honesty?"
Игopь, зaчeм Bы мyчaeтe нac aнглийcким, ecли мoжeтe oбщaтьcя c нaми нa pyccкoм? Ecли Bы, вдpyг, нe знaeтe - вoт pyccкaя вeткa, oнa ecть y нac нa caйтe в pyccкoм paздeлe:
https://bitcointalksearch.org/topic/m.36619612

If you do not mind, read our site. There everything is described in detail. In particular, it is said that the token is executed on the Waves platform. And the Waves platform has no smart contracts yet.
At the moment, we need a small amount - 3000 - 4000 USD. It's not such a big sum to worry about honesty. If you do not have enough of those materials that we provide, then we can not give you any other guarantees, except for an honest word.
In such circumstances, we recommend making a minimum contribution, one that does not burden you. If you are interested in our project, but you are afraid of fraud on our part, invest as much as you personally are not afraid to lose - 10 USD, 50 USD, 200 USD. Each sum, which he considers insignificant, has its own. This approach will allow us to collect those minimally necessary funds that we need, and at the same time not too burdensome investors.
The next stage, after we make a prototype for this money, will be a public presentation of this prototype, which will dispel most of the doubts from investors.

Orders are divided into 4 groups solely for the convenience of investors. Unfortunately, most people, just like you, do not read the site and other information materials, so they do not find our orders on the stock exchange. Having bitkoyny, they are looking for our warrants in a glass with bitokoyany, instead of selling bitkoyny for dollars and buy tokens for dollars. This forced us to divide all the tokens into 4 parts and put each of them against the most popular crypto currency. As the tokens are bought, we will change the orders, adjusting their price and the amount in each section of the currency.

And where is the smart contract code? And if the outbreak is divided into 4 parts, where are the guarantees of honesty?

Attention, due to the fact that investors prefer to buy tokens for the same crypto currency that they currently have available, rather than sell it in advance for USD, we divided the entire lot of tokens into 4 equal parts of 10,000 pieces and placed orders against 4 major currencies: Bitcoin, Ether, Waves and USD. If someone wants to buy more or in another crypto currency, let us know here at the forum or in the official group in contact and we will exchange the token orders in the crypto currency that is convenient for you.

We are faced with the fact that investors do not understand the essence of our project. Therefore, at the moment we have postponed the writing of white paper and make a video, where we will explain in detail - how ASIC is arranged and what our proposal is. Unfortunately, all the videos are being made only in Russian, since we do not have money for translations. Therefore, we gave the first investors such a large discount to raise funds. Now for our project the most critical time, because much work has been done, but not enough evidence to get a good investment. If we collect a minimum of money, in 2-4 months we will produce a prototype. If we collect more - we can translate our materials into different languages ​​and expand the audience of our project.

Now we collect money (a minimum of 4,000 USD, a maximum of 10,000 USD) to make a prototype on the FPGA. For this purpose, we no longer need. First of all, we need to prove to investors that our architecture is really small. And to ask at once a lot of money, when there is no evidence, our conscience does not allow.

Have you already bought all the offered tokens???

I think it will be fast, good mining is welcome, why such a small amount for sale?

Cool! Do not tell me how we are so lucky?

The logic of the moderators is iron, now the topic of Bitcoin's miners is in the "Bitcoin Forum> Alternate cryptocurrencies> Announcements (Altcoins)". Bitcoin's miners are the Altcoins. It is logical.

A feature of our architecture is its compactness. It is several times smaller than the architectures on which existing miners are based. This means that on the same area of ​​the microchip crystal, much more computing cores can be accommodated and thus provide greater performance, at the same cost of power and chip prime cost.
Taking into account that the possibilities of technology to reduce the technological process have reached their physical limit and to reduce technological norms of less than 3-5 nm is not possible, we believe that the future of the mining industry lies in the optimization of architectural solutions. And this means that our project has great prospects.
At the moment, the development of a preliminary kernel version (ver. 0.1) has been completed. In it, we managed to reduce the architecture by 3 times in comparison with the architectures of existing miners. The already existing developments of our project allow us to count on the fact that we will be able to compress our architecture yet by a factor of two, thereby achieving a total reduction of 5-6 times. We also have ideas on how to increase the speed of its work. In the end result, we expect to get chips with a 10-fold increase in the hashreit.

The visual simulation of the work of our architecture in the LogiSim logical simulator is presented in the next video on our official channel:
https://www.youtube.com/watch?v=BwFkRw-9g88&feature=youtu.be

And in this video, we explain the basic concepts, such as: "chip", "crystal", "core", "transistor" and "architecture." Who is not familiar with them, and therefore can not understand the essence of our developments, you can see: https://www.youtube.com/watch?v=56m_zk7NNNU

And this is our future miner. It was compiled by the guys from the markscheider project. On it we will test our chips, and later on it they will work:
https://markscheider.io/konstruktory-proekta-markshejder-razrabotali-koncept-asic-majnera-markscheider-b29/

The next stage of our project is porting our architecture to FPGA. The estimated period for the implementation of this stage is 2-4 months. Based on the results of porting, a public presentation will be organized, with a report and demonstration of the prototype work.

With the purpose of financing further work on the project, from July 1, 2018, PreSale is announced.
Number of tokens (Venus_ICO_Token) for sale: 40,000
The price of the token at this stage is ICO: 0.25 USD
Equivalent amount: 10 000 USD
Total discount at this stage: 75%
The minimum amount required for the continuation of the project: 3 000 USD