Node Haven presentation
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NODE Haven aims to make advanced mining technology accessible to everyone through a consumer cooperative model. Their first product is a 7nm Bitcoin ASIC miner that offers significantly higher hash rates and efficiency over existing 16nm miners. NODE Haven plans to sell the miners at cost to token holders, providing an equal opportunity. Profits will fund R&D for future products to remain competitively ahead while expanding access.
Node Haven presentation
- 2. NODE Haven2 Our mission is to make the world's most advanced technology accessible to everyone.
- 3. NODE Haven3 Agenda Mining Background Bitcoin Mining History ASIC History & Future 7nm Excellence Market Size & Opportunity Market Cap Growth Hash Rate Growth Miners online Problem Statement ASIC Accessibility Community Outrage Monero vs Bitmain Solution, Vision & Team Product Development Vehicle (PDV) Token Details Roadmap & Team 01 02 03 04
- 5. NODE Haven5 ASIC Application Specific Integrated Circuit (2013) FPGA Field Programmable Gate Array (2011) GPU Graphics Processing Unit (2010) CPU Central Processing Unit (2009) Bitcoin Mining History Early Adopters βOne CPU, One Voteβ Accessibility Score: 10/10 Hobbyists Accessibility Score: 8/10 First Commercial Bitcoin Miner Accessibility Score: 6/10 Required for profitable mining Accessibility Score: 3/10
- 6. NODE Haven6 ASIC Technology History 28nm ASIC 16nm ASIC 10nm ASIC 10nm ASIC Product Example: Halong Dragonmint 16T Hash Rate: 16.0 Th/s Efficiency: 0.075 J/Gh (Final Numbers TBD) Product Example: Bitmain Antminer S9 Hash Rate: 13.5 Th/s Efficiency: 0.10 J/Gh Product Example: Bitmain Antminer S7 Hash Rate: 4.73 Th/s Efficiency: 0.25 J/Gh (Jan 2018) (Dec 2017) (June 2016) (2015) Product Example: Ebang E10 Hash Rate: 18.0 Th/s Efficiency: 0.09 J/Gh
- 7. NODE Haven7 ASIC Technology Future (7nm ASIC) The Future 7nm ASIC Product: NODE Haven 7nm ASIC BTC Miner Hash Rate: 30 Th/s Efficiency: 0.055 J/Gh
- 8. NODE Haven8 7nm ASIC Excellence TSMC detailed its 7-nm advances over its 16FF+ process (Images: IEDM) 02 Up to 65% more energy efficient 01 Significant Hash Rate Boost with >2x the hash cores 03 Expected Competitive Life of 2 to 3 years 04 Performance optimizations 05 Earliest adopters will extract highest ROI The miners predominately used today are based on 16nm chip design. 7nm miners will give an unparalleled competitive advantage. 7nm Advantages over 16nm
- 9. NODE Haven9 NODE Haven 7nm Bitcoin ASIC 01 Significant Hash Rate Boost with >2x the hash cores 7nm is capable of more than double the amount of cores, up to 65% higher hash rate, and up to 50% better efficiency when compared with 16nm. Please refer to the NODE Haven whitepaper for more information regarding our first product, the NODE Haven 7nm Bitcoin ASIC miner.
- 11. NODE Haven11 Bitcoin Market Cap Growth Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec January 2017 β December 2017 Over 2,000% Growth in 12 Months Data sourced from coinmarketcap.com
- 12. NODE Haven12 Bitcoin Dominance Grows Despite the Q1 2018 Bear Market, Bitcoin Dominance of the total cryptocurrency market cap is consistently growing back to former high levels. Bitcoin historically grows in dominance in bear markets. Therefore, it is beneficial to hedge against risk in your cryptocurrency strategy by mining Bitcoin with the most advanced hardware available. NODE Haven is on target to release the first publicly available 7nm ASIC Bitcoin Miner, priced at the cost of production for NODE Token holders. Bitcoin (BTC)
- 13. NODE Haven13 Bitcoin ASIC Miner Market Growth (Bitmain Antminer S9 Equivalents) Explosive growth in ASIC Miner manufacturing has led to an ever growing difficulty rate. Upgrading to more powerful equipment is required to out-compete other miners. 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 1/1/2017 2/1/2017 3/1/2017 4/1/2017 5/1/2017 6/1/2017 7/1/2017 8/1/2017 9/1/2017 10/1/2017 11/1/2017 12/1/2017 1/1/2018 2/1/2018 3/1/2018 4/1/2018 Units Antminer S9 Equivalents 0 5E+11 1E+12 1.5E+12 2E+12 2.5E+12 3E+12 3.5E+12 4E+12 1/1/2017 2/1/2017 3/1/2017 4/1/2017 5/1/2017 6/1/2017 7/1/2017 8/1/2017 9/1/2017 10/1/2017 11/1/2017 12/1/2017 1/1/2018 2/1/2018 3/1/2018 4/1/2018 Bitcoin Mining Difficulty Rate
- 15. NODE Haven15 The Problem We asked miners and individuals in the crypto-community about the current mining environment. Here are their most common responses: #2 βASIC Manufacturers mine with new equipment secretly, then sell used equipment to the public after much of the competitive advantage is gone.β(2) #1 βAccess to ASIC mining technology is highly centralized.β(1) #3 βASICs will always be exorbitantly priced. The barrier to entry for new manufacturers is extremely high.β(3) #4 βThey always sell out very quickly, and you have to wait months to take delivery of your miners.β #5 βCoins should fork to ASIC resistant code.β (1): The Emperor Problem: ASIC Manufacturer Mediation (2): Outrage as Bitmain Introduces ASIC to Mine Monero (3): The Token Sale: A consumer Co-Operative
- 16. How should miner manufacturers operate? 02 01 03 04 Fair Provide the same advantages of miner manufacturers themselves. Equal access and equal price for everyone, period. Transparent Up to date announcement, no secret mining, and new miners direct-to- consumer in a timely fashion. Community-centric model A co-operative business model that puts its community first, rather than profits. Reservation Guarantee your miner.
- 18. NODE Haven18 The NODE Haven Product Development Vehicle (PDV) Consumer Co-operative The world's first cryptocurrency mining equipment co-operative, stepping away from traditional profit-motivated models. Membership Purchase NODE Tokens and support the mission to make world's most advanced technology accessible to everyone. The Best ROI Extract the best ROI from your miners by out-competing other miners with your new equipment, direct from the factory with no delay or pre-use. The $4 Billion Advantage(1) Empower yourself with the same advantages as manufacturers themselves: the latest equipment at cost of production. 01 02 03 04 (1): Bernstein Analysts - Bitmain made $3 to $4 billion in 2017
- 19. NODE Haven19 First Access NODE Holders get first access to all NODE Haven product developments. Ongoing Development The PDV funds Research and Development of new equipment. Reservation Utility Reserve miners with just 10% of the purchase value. Membership Utility Purchase mining equipment at cost of production + 10%. ROI Stored in Token Attain the same ROI as ASIC manufacturers themselves. PDV NODE Token Utility
- 20. NODE Haven20 Ticker Symbol NODE Total Token Supply 500,000,000 NODE Minimum Purchase (Pre/Main) 250,000 NODE/2,000 NODE Maximum Purchase 50,000,000 NODE Pre-Sale (25% Bonus) 50,000,000 NODE Main Sale 350,000,000 NODE Pre-Sale Token Price $0.10 Main Sale Token Price $0.125 NODE Token Sale
- 21. NODE Haven21 Main Sale Pre-Sale Team Advisory Bounty Seed $50MHard Cap 70% 10% 10% 4% 3% 3% NODE Token Sale Distribution
- 22. NODE Haven22 Product Development Vehicle (PDV) General & Administrative Accounting & Legal Blockchain & Security $50MHard Cap 93% 5% 1% 1% NODE Token Allocation
- 23. NODE Haven23 7nm ASIC Bitcoin Miner Production Timeline From design to your door in 7-11 months 0-3 Months 3-6 Months 6-9 Months 9-12 Months Study Board & System Design RTL RTL to GDSII ASIC Fabrication Assembly Delivery Note: Each bar represents a time range of completion Step of Production
- 24. NODE Haven24 7nm ASIC Miner Costs Base-Case PDV Calculations 1st Production Run o Includes Engineering Expense o Assumption: 30,000 Units Produced o 20K purchased inside PDV o 10K purchased outside PDV o Cost Per Miner o $2,275 for NODE Token Holders o $3,000 for outside sales (market price) o Benefit: Attain miners first 01 2nd Production Run o Excludes Engineering Expense o Assumption: 30,000 Units Produced o 20K purchased inside PDV o 10K purchased outside PDV o Cost Per Miner o $1,057 for NODE Token Holders o $3,000 for outside sales (market price) o Benefit: Attain miners cheaper 02
- 25. NODE Haven25 NODE Haven Miner Options Shoe-Box BTC: 30 Th/s 1.5 β 2.1 kW o Each Hash Card will have estimated hash-rate of 10 TH/s. o The form factor of most miners today is the shoe-box design with three hash cards. o Our 4U server case is an option for large scale mining operations or home users preferring one machine with more capacity. o All designs feature interchangeable controller & hash cards, making your equipment upgradable. 4U Server Case BTC: 100 Th/s 5-7 kW Hash Card BTC: 10 Th/s 0.5 β 0.7 kW 7nm ASIC Bitcoin Miner
- 26. NODE Haven26 Vision 4 3 2 1 o 7nm ASIC BTC Miner o HPC Controller Development Planet-Scale Applications βToday, companies including Apple, Facebook, and Google are deploying planet-scale applications like Siri, Facebook Live, and Brain, respectively, for which computational demand scales with the number of users just like with Bitcoin. Ultimately, the TCO of the datacenters that run these computations become so large that it makes economic sense to build specialized ASICs to reduce hardware cost and power consumption. Recent ASIC cloud research shows how Bitcoin mining hardware applies to other workloads like YouTube video Transcoding. The future for ASICs are bright.β(1) (1): The Evolution of Bitcoin Hardware - Michael Taylor, University of Washington o Scrypt Miner o ETHash Miner o 5nm ASIC BTC Miner o Compute Card Development o ASIC use-cases: Video transcoding, Artificial Intelligence, Data Mining
- 27. NODE Haven27 NODE Haven Michael Bazzi Co-Founder Core Team Charles Dusek Co-Founder E. Ross Hackler Social Director
- 28. NODE Haven28 NODE Haven Taiwan Semiconductor Manufacturing Company o Worldβs largest dedicated independent semiconductor foundry Technical Partners & Alliances Advanced Semiconductor Technology, LTD o 5 Years of Bitcoin ASIC Equipment Experience o 30 Years of ASIC System Experience Cryptosumer Technologies o Multiple North American large-scale ASIC and GPU mining centers o Highest output-per-watt for today's and tomorrow's technologies
- 29. NODE Haven29 NODE Haven Team Pranav Mathuria Senior ASIC Engineer | Google Advisory Board Bryan Feinberg Blockchain Venturist | etheralabs.io Tudor Stomff Co-founder Bountyhive.io Magnus Dufwa Senior Solidity Developer shipchain.io Miguel Gonzalez Miner Relations | etheralabs.io Gekkoscience USB ASIC Miners | bitcointalk.org Advisor Biographies located in the Appendix (Slide 31)
- 30. Our mission is to make the world's most advanced technology accessible to everyone. Contact Us E-mail: contact@nodehaven.com Telegram: t.me/NODEhaven Twitter: twitter.com/NODEhaven SLACK: goo.gl/zWNFn1Thank You
- 31. NODE Haven31 Appendix β’ Pranav Mathuria: MS, Electrical Engineering. Design ASIC Engineer for Texas Instruments, Oracle, Google, and many other companies. 12 Years of Experience in ASIC Engineering. β’ Bryan Feinberg: 20 years of experience in venture investing, with a focus on accelerating blockchain initiatives through Etheralabs. β’ Miguel Gonzalez: A young entrepreneur with 2+ years of trading and investment experience in cryptocurrency markets; Etheralabs Miner Relation Manager with an extensive network of built miner relations in the North and South America. β’ Tudor Stomff: Bountyhive.io co-founder, led over 30 Initial Coin Offering bounty/marketing campaigns, including Pundi X which raised over $30M alone. β’ Magnus Dufwa: Magnus is a senior C#, SQL, and Solidity developer, with over 18 years of experience developing enterprise projects. He has built and managed financial processing systems that handle more than 4 million transactions per year and developed smart contracts for ad auction projects and ICOs.