This is going to be fun - and by fun I mean, I'm getting a hell of a lot of gray hair.

The story so far:

I have been trading in cryptocurrencies for a while and have been mining a bit from home.
My very good friend has never been trading, but want to and was really keen on mining.


As he has money to invest, he sat me down one day and said: Should we buy a lot of miners or should we produce the hardware and then assemble ourselves?

I pondered over this question for a while, until I was told that we should try and produce our own.
We have in our network engineers, who are working on circuit board design and such, so doing the design of the board is ( for once ) not the hard part.

What is our aim then?
Well its two fold:

1: produce a scrypt miner ( as the first one ) with a hashing power of 500-700 mh/s and only about 800 watts, for a price that is not 5000 euros, but something people can pay.
2: Getting a new miner to market, that is assembled in Europe with all the good things that comes with that.

So where are we right now?

Trying to identify the chip to be used. Have contact to a few places, but so far the A2 chip might the one.
Perhaps anyone here know better?

What we are looking at, is to make is like the blades out there.
To have a computer recognize it as a piece of hardware, compared to having a standalone system, makes it a bit easier.

But there is a long way to go, but lucky for us, there is people on board who know a lot more than I do about the technical standpoint and I'm really looking forward to the next weeks of progress.