Quote from: QuiveringGibbage on August 05, 2013, 06:18:31 AM

http://betsofbitco.in/item?id=1706

HashFast will ship their first chip (to spec) to a buying customer on, or before October 31st, 2013.

Code:

HashFast Technologies (http://hashfast.com/) is a fabless semiconductor manufacturer specializing in extreme performance hashing ASICs.

Their first chip, the Golden Nonce (GN) microprocessor, is in the final stages of development. The GN will tape-out and be sent to manufacturing in August. Fabrication will take a little bit over two months, and the chips will ship to customers in October.

The GN chip will perform more than 400 Ghash per second, and uses as little as 10% of the power per Ghash as the current-generation ASICs.

Current-generation ASICs power per Ghash is defined as 1W for 1Ghash.

HashFast's GN Bitcoin mining microprocessor will ship to a buying customer on, or before October 31st, 2013, must hash more than 400 Ghash per second, and only draw a maximum of 40W.

Editor's note: We will judge the statement according to the forum posts. We will call it a draw if we think that there is not enough evidence either way.

Info
Opening date: Aug. 4, 2013
Bet deadline: Oct. 10, 2013 end of day Eastern Time
Event date: Oct. 31, 2013 end of day Eastern Time
Category: Technology
Total agree bets: 0.10
Total disagree bets: 1.00
Total weighted agree bets: 161.114
Total weighted disagree bets: 1614.042

This will be interesting...

QG

Where did this "10% of current-generation" power use claim come from?

I don't recall HashFast ever saying they'd get 400GH with 40 watts.

Hashfast's promised spec is <1 watt per gigahash, not 0.01!

Did the creator of this bet just make up something impossible to ensure Hashfast can't win?!?