I can assure you that there is no scam here. I did manage to get "large company" pricing on these parts because I do so much business with Xilinx. The low pricing is really what made our design so promising. You must know that companies like Xilinx and Altera treat their component pricing as confidential information. While I feel comfortable listing the full BOM costs on this public forum, certain details need to be discussed more discretely. Also, I did spent several months designing and optimizing my own hash algorithm from scratch. I've been designing chips for over 20 years so I really enjoyed the challenge.

I understand that there will be doubters but we have a development kit already running (with a smaller version of the FPGA) and have ISE runs that show the target device will hit the stated performance. I don't mind if there are doubters as that reinforces the advantage this solution offers. If you have a serious interest in making a product out of this, go ahead and email me at teraminer.llc@gmail.com to arrange further talks. You might be surprised that we're just a few normal engineers who don't have the bandwidth to build a company around this cool product.