Topic: Scrypt ASIC device type (Read 3391 times)

lol

You are my Hero !!! my  BFF

Which option is this one that you've already assembled?

Air. The thin kind.

What components did you utilize to produce this asic?

again anyone who is building an FPGA or ASIC miner for scrpyt mining is delusional.  LTC liquidity is not there on any exchange so it will drop the price on LTC prices which will make future purchases of ASICs worthless.  Look at what is happening to Avalon and BFL device valuations.  As BTC dif skyrockets the ASIC devices are collapsing in price.  Avalon had to hurry and sell off their remaining chips before no one wanted them.

If you factor the cost of developing an ASIC for scrypt the manufacture would not have enough of a window to get a return on their investment of the manufacturing cost to get a return in 60-90 days.  But as we see with BTC and ASIC that is too long of a window.  They would need to get a return within 30 days because the price on LTC would collapse quickly as people sell off their LTC to recoup the purchases.

So basically there are 2 routes for ASIC developers is the get front loaded a bunch of money and delay shipment as much as possible while they mine or pretend you have a device or are in development of a device to get donations from the community which is anonymous enough that it would make it difficult to get legal action against the scammers.

lol

Yeah, why can't you guys be legit like Trucoin?

Get a bank loan !! Credit Card!! Stop trying to pull a butterflylabs and use other people capital to fund development. You want to develop something put your money were your mouth is and put up your own money. If your truly a developer and smart enough to put this together i would hope your smart enough to put a buisness plan and presentation for your banks loan officer and get a LOAN. So week trying to get people to fund your device and if it fails you wont have lost anything. You know why my device never failed because my money was on the line

You kinda sound like your trying to scam!!! Don't ask people for money. if you need money go to a bank and get a loan or open a credit card!!!!! you have bad credit? well that just says you might not be the best person to be managing peoples donations toward your so called ASIC proto.

I like to believe in people but i have a problem with people asking for money when our society has plenty of programs to borrow money at low rates. Create a business plan detailed development plans and average cost of production of your design. Make sure to label all cost you will have to create this device. Don't forget  to put down in your buisness plan the cost of setting up your company and pay all fees. If you have good credit and have your ducks in order the bank will give you the loan

What kind of 'professional' company loses its cash/bitcoins to a fake Chinese exchange student? Why would anyone ever send you cash/coins even if you had a product to sell in return already, let alone for this vaporware?

Please read here: https://bitcointalksearch.org/topic/asic-sky-funding-231221


That is absolutely true! We are doing all this alogside our jobs. Last year we were lucky and made good money with a single job and decided to concentrate an ASIC developement. Now that we were robbed we are working double fulltime again.
We will definitely build this ASICs no matter what. There is just the question left: will we do it as some kind of hobby or will we do this professionally launch a company?
Depending on donations this will take its time.

No shit eh? Specially since the diff will skyrocket, value won't, essentially killing LTC. Good job guys, good job.

I thought you were broke and couldn't continue developing without donations

But you can set the one-day mining record for a RasPi with this!

Yeah that sounds worth the investment with LTC price at $2.40.

Do you accept Western Union money transfer?

Tell us your oppinion!
You decide what kind of device we are building our chips into.

1. PCI-e device:
We are currently working with an PCI-e boad so this would be the design we would be able to finish the earliest.
This would be a devide in the size of a graphics card powered by a typical 6-Pin supply.
We assume to be able to build up to 16 Chips on one board that would give max. 80 MH/s at the current state of developement.
We would set up a product line with 4, 8 or 12 Chips so 40MH/s in average.

2. USB-Stick:
A portable solution limited by the USB power capacities. To make this one happen we need to shrink our chip design to reduce power consumtion. We are not sure this would result in any useable hashrate because the vital memory needs lots of power.

3. general USB device:
Maybe this is the most convenient design.
A Box you can put somewhere where it doesn't annoy you powered by external power supply and connectet to an ordinary PC via USB.
This devices could be scaled up to any ammount of chips and therefore any hashpower.

4. standalone rig:
This is the original design we planned to build for our own purposes.
We planned to build as many chips as possible as compact as possible into one single rig that you could mount into a typical 19 inch server rack. We are not sure what hashrate we would be able to reach with this design but it would be amazing, for sure.