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Showing 2 of 2 results by wjmilne
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Topic
Board Bitcoin Discussion
Re: Contest to name the 0.0001 BTC unit (0.1 BTC prize!)
by
wjmilne
on 03/01/2014, 04:30:45 UTC
- Man-satoshi (Rhymes with Flan 10,000 in Japanese is Man. So literally this would mean 10,000 satoshis
- Maan-satoshi (maybe putting it in Cantonese would make the Chinese government more Bitcoin Friendly? Also, it might get pronounced properly)

Or just
- Maan (Cantonese for 10,000 -- maybe leaving off the satoshi makes it easier to read?)

If we flip it (to increase the chances people would say it right --but less accurate in Japanese-- but has a cool ring to it.)
- Satoshi-Ban
Post
Topic
Board Beginners & Help
Re: New Sack-Asic 5.5 Th/s Bitcoin Miner
by
wjmilne
on 27/12/2013, 22:09:55 UTC
I don't think this is impossible to make--even with current technology.

The BFL jalapeno I bought has 2x65nm ASIC chips. Each chip produces about 3.5 gh. But if you just keep the same die design and shrink it to ~28 nm you can get nine times as many SHA256 engines in about 66% more space.  a 5.5Th unit would need about 185 of these chips.

Yes, you can "fake" the proof they have presented.

But I think there is a fine line between vapor-ware and a scam. In real life people announce products, and if there is enough interest (and faith that the presenters can produce) the products get made, if there isn't some people might get hurt.

But the environment has changed, people are raising millions from VCs and Angel investors all over the place for crypto-currency ventures.

Probably best to prepare for a lot of announcements and a lot of puffery in the announcements.