Daily Archives: September 7, 2018

Squirrels Research Labs Partners with BittWare to Launch World’s Most Powerful Cryptocurrency FPGA Card

NORTH CANTON, Ohio, Sept. 07, 2018 (GLOBE NEWSWIRE) — Squirrels Research Labs (SQRL) recently partnered with BittWare, a Molex company and provider of high-performance computer boards, to offer the world’s most powerful FPGA cryptocurrency mining hardware, the BittWare CVP-13.

The CVP-13 uses the largest Virtex UltraScale+ FPGA chip available from Xilinx Inc. (NASDAQ: XLNX).

“By utilizing the largest chip available from Xilinx, the VU13P, BittWare’s CVP-13 offers the most powerful cryptocurrency FPGA card in existence,” SQRL president David Stanfill said.

The CVP-13 provides the most processing power of any FPGA cryptocurrency mining card available—46 percent more logic, 31 percent more on-chip memory and a 66 percent larger power supply than other popular boards that use the Xilinx VU9P FPGA chip.

Unlike other FPGA mining hardware in the market, the CVP-13 uses a 300 ampere power supply, allowing users to maximize the potential of the VU13P FPGA chip on the board. Similar hardware in the market requires tuning that pulls more power than the hardware is rated for, causing efficiency losses.

The CVP-13’s factory-designed and installed Viper cooling options include liquid cooling to increase efficiency.

“The efficiency and power gains obtained with the CVP-13 allow for higher density deployments with less hosting overhead,” Stanfill explained. “For every three VU9P-based boards, you only need two CVP-13 units to achieve similar performance goals.”

In addition to cooler and more efficient performance, the increased amount of on-chip logic allows larger algorithms to fit that aren’t available on other hardware. These algorithms include X17r, X16r and TimeTravel10.

CVP-13 cards can be chained together with QSFP28 and SlimSAS cables, enabling them to run larger algorithms like Equihash variants. The CVP-13 has quadruple the amount of bandwidth of competitive cards and includes four QSFP28 cages and two SlimSAS connectors for board-to-board communication. The CVP-13 includes the ability to run secure bitstreams developed and supported by AllMine Inc. and SQRL.

“BittWare has been producing high-end boards for three decades,” Stanfill continued. “They’re a well-known and respected brand in the FPGA industry and now have the strength of Molex for even stronger market agility to take on projects like this.”

BittWare CVP-13 FPGA boards are available for purchase now through SQRL with deliveries expected in November. Hosted CVP-13 hardware is also available through The Mineority Group. Both options can be purchased at http://store.mineority.io.

“We’re very excited to continue bringing groundbreaking FPGA technology into this market,” Stanfill said.

About Squirrels Research Labs
Squirrels Research Labs, or SQRL, is a research and development division of Squirrels LLC. SQRL focuses time on projects that keep Squirrels forward thinking and adaptable in competitive markets. More about Squirrels Research Labs can be found at http://squirrelsresearch.com.

About BittWare, a Molex company
For three decades, BittWare has designed and deployed high-end signal processing, network processing and high-performance computing board-level solutions that significantly reduce technology risk and time-to-revenue for OEM customers. BittWare products are based on the latest FPGA technology and industry-standard COTS form factors, including PCIe. When customer requirements make it difficult to use industry-standard boards, BittWare provides modified solutions and/or licensed designs. For more information on BittWare and its innovative FPGA solutions visit  www.BittWare.com.

Sidney Keith
Squirrels Research Labs
press@airsquirrels.com

Squirrels Research Labs Partners with BittWare to Launch World’s Most Powerful Cryptocurrency FPGA Card

NORTH CANTON, Ohio, Sept. 07, 2018 (GLOBE NEWSWIRE) — Squirrels Research Labs (SQRL) recently partnered with BittWare, a Molex company and provider of high-performance computer boards, to offer the world’s most powerful FPGA cryptocurrency mining hardware, the BittWare CVP-13.

The CVP-13 uses the largest Virtex UltraScale+ FPGA chip available from Xilinx Inc. (NASDAQ: XLNX).

“By utilizing the largest chip available from Xilinx, the VU13P, BittWare’s CVP-13 offers the most powerful cryptocurrency FPGA card in existence,” SQRL president David Stanfill said.

The CVP-13 provides the most processing power of any FPGA cryptocurrency mining card available—46 percent more logic, 31 percent more on-chip memory and a 66 percent larger power supply than other popular boards that use the Xilinx VU9P FPGA chip.

Unlike other FPGA mining hardware in the market, the CVP-13 uses a 300 ampere power supply, allowing users to maximize the potential of the VU13P FPGA chip on the board. Similar hardware in the market requires tuning that pulls more power than the hardware is rated for, causing efficiency losses.

The CVP-13’s factory-designed and installed Viper cooling options include liquid cooling to increase efficiency.

“The efficiency and power gains obtained with the CVP-13 allow for higher density deployments with less hosting overhead,” Stanfill explained. “For every three VU9P-based boards, you only need two CVP-13 units to achieve similar performance goals.”

In addition to cooler and more efficient performance, the increased amount of on-chip logic allows larger algorithms to fit that aren’t available on other hardware. These algorithms include X17r, X16r and TimeTravel10.

CVP-13 cards can be chained together with QSFP28 and SlimSAS cables, enabling them to run larger algorithms like Equihash variants. The CVP-13 has quadruple the amount of bandwidth of competitive cards and includes four QSFP28 cages and two SlimSAS connectors for board-to-board communication. The CVP-13 includes the ability to run secure bitstreams developed and supported by AllMine Inc. and SQRL.

“BittWare has been producing high-end boards for three decades,” Stanfill continued. “They’re a well-known and respected brand in the FPGA industry and now have the strength of Molex for even stronger market agility to take on projects like this.”

BittWare CVP-13 FPGA boards are available for purchase now through SQRL with deliveries expected in November. Hosted CVP-13 hardware is also available through The Mineority Group. Both options can be purchased at http://store.mineority.io.

“We’re very excited to continue bringing groundbreaking FPGA technology into this market,” Stanfill said.

About Squirrels Research Labs
Squirrels Research Labs, or SQRL, is a research and development division of Squirrels LLC. SQRL focuses time on projects that keep Squirrels forward thinking and adaptable in competitive markets. More about Squirrels Research Labs can be found at http://squirrelsresearch.com.

About BittWare, a Molex company
For three decades, BittWare has designed and deployed high-end signal processing, network processing and high-performance computing board-level solutions that significantly reduce technology risk and time-to-revenue for OEM customers. BittWare products are based on the latest FPGA technology and industry-standard COTS form factors, including PCIe. When customer requirements make it difficult to use industry-standard boards, BittWare provides modified solutions and/or licensed designs. For more information on BittWare and its innovative FPGA solutions visit  www.BittWare.com.

Sidney Keith
Squirrels Research Labs
press@airsquirrels.com

Sundance Energy Provides September 2018 Operational Update

DENVER, Sept. 06, 2018 (GLOBE NEWSWIRE) — Sundance Energy Australia Limited (ASX:SEA) (NASDAQ:SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas, today provided an update regarding the Company’s recent development activities.

Production
Sundance brought 7 wells online in August, including 5 wells on the recently acquired acreage in Live Oak County.  The Company brought the 2-well Justin Toms pad, located in Atascosa County, online in early September.

Well Name County IP Date Completed Lat Length Choke 24-Hour IP % Oil Cum Production % Oil
Harlan Bethune 25H Live Oak 15-Aug-18 4,973′ 16/64 941 74% 20,125 73%
Harlan Bethune 26H Live Oak 15-Aug-18 4,161′ 16/64 1,387 78% 25,624 79%
Harlan Bethune 27H Live Oak 15-Aug-18 3,469′ 16/64 1,264 76% 26,166 76%
Harlan Bethune 34H Live Oak 19-Aug-18 3,506′ 16/64 1,458 77% 23,802 76%
Harlan Bethune 35H Live Oak 19-Aug-18 3,678′ 16/64 1,504 78% 23,761 77%
Allen MCM 1HA McMullen 17-Aug-18 8,015′ 28/64 1,388 76% 23,813 75%
Allen MCM 2HA McMullen 17-Aug-18 8,234′ 28/64 1,297 78% 21,398 78%

Drilling Activities
Sundance is currently drilling the 4-well James Keith Esse pad and the 2-well Idylwood pad, both located in Live Oak County.

Completion Activities
Upon completion of the 2-well Justin Toms pad the Company released its frac crew ahead of schedule.  The frac crew will be mobilized for Sundance’s fourth quarter completions in late September.

Well Name County Spud
Date
Frac Start
Date
IP Date Completed Lat Length 30-Day
IP Rate
(boe/d)
% Oil
Paloma Ranch 7H McMullen 18-Jan-18 17-May-18 2-Jun-18 7,690′   1,345 62%
Peeler Ranch 8HC Atascosa 1-Mar-18 28-May-18 26-Jun-18 5,642′   484 92%
Peeler Ranch 9HC Atascosa 24-Mar-18 28-May-18 26-Jun-18 5,820′   446 93%
Allen MCM 1HA McMullen 21-Apr-18 6-Jul-18 17-Aug-18 8,015′
Allen MCM 2HA McMullen 13-May-18 6-Jul-18 17-Aug-18 8,234′
Harlan Bethune 25H Live Oak 7-May-18 24-Jul-18 15-Aug-18 4,973′
Harlan Bethune 26H Live Oak 11-May-18 22-Jul-18 15-Aug-18 4,161′
Harlan Bethune 27H Live Oak 13-May-18 22-Jul-18 15-Aug-18 3,469′
Justin Tom 05H Atascosa 17-Jun-18 12-Aug-18 3-Sep-18 6,258′
Justin Tom 06H Atascosa 14-Jun-18 12-Aug-18 3-Sep-18 6,299′
Harlan Bethune 34H Live Oak 25-Jun-18 3-Aug-18 19-Aug-18 3,506′
Harlan Bethune 35H Live Oak 22-Jun-18 3-Aug-18 19-Aug-18 3,678′
James Keith Esse 06H Live Oak 26-Jul-18
James Keith Esse 07H Live Oak 22-Jul-18
James Keith Esse 08H Live Oak 24-Jul-18
James Keith Esse 09H Live Oak 20-Jul-18
Idylwood 04H Live Oak 3-Aug-18
Idylwood 05H Live Oak 3-Aug-18

For more information, please contact:

United States:
John Roberts
VP Finance & Investor Relations
Tel: +1 (720) 638-2400
Eric McCrady
CEO and Managing Director
Tel: +1 (303) 543-5703
Australia:
Mike Hannell
Chairman
Tel: +61 8 8363 0388

About Sundance Energy Australia Limited

Sundance Energy Australia Limited (“Sundance” or the “Company”) is an Australian-based, independent energy exploration company, with a wholly owned US subsidiary, Sundance Energy Inc., located in Denver, Colorado, USA.

The Company is focused on the acquisition and development of large, repeatable oil and natural gas resource plays in North America. Current activities are focused in the Eagle Ford where the company has a position of approximately net 56,600 net acres. A comprehensive overview of the Company can be found on Sundance’s website at www.sundanceenergy.net

Summary Information

The following disclaimer applies to this document and any information contained in it. The information in this release is of general background and does not purport to be complete. It should be read in conjunction with Sundance’s periodic and continuous disclosure announcements lodged with ASX Limited that are available at www.asx.com.au and Sundance’s filings with the Securities and Exchange Commission available at www.sec.gov

Cautionary Note Regarding Forward Looking Statements

This release may contain forward-looking statements. These statements relate to the Company’s expectations, beliefs, intentions or strategies regarding the future. These statements can be identified by the use of words like “anticipate”, “believe”, “intend”, “estimate”, “expect”, “may”, “plan”, “project”, “will”, “should”, “seek” and similar words or expressions containing same.

These forward-looking statements reflect the Company’s views and assumptions with respect to future events as of the date of this release and are subject to a variety of unpredictable risks, uncertainties, and other unknowns. Actual and future results and trends could differ materially from those set forth in such statements due to various factors, many of which are beyond our ability to control or predict. These include, but are not limited to, risks or uncertainties associated with the discovery and development of oil and natural gas reserves, cash flows and liquidity, business and financial strategy, budget, projections and operating results, oil and natural gas prices, amount, nature and timing of capital expenditures, including future development costs, availability and terms of capital and general economic and business conditions. Given these uncertainties, no one should place undue reliance on any forward looking statements attributable to Sundance, or any of its affiliates or persons acting on its behalf.  Although every effort has been made to ensure this release sets forth a fair and accurate view, we do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

VOV should focus on human resources: Party official

Head of the Party Central Committee’s Organization Commission Pham Minh Chinh said on Wednesday that the Voice of Vietnam (VOV) should prioritize human resource training and improving its working environment.

At a ceremony to celebrate VOV’s 73rd anniversary, September 7, he congratulated VOV on its achievements and praised VOV’s prominence in Vietnamese people’s minds. He called on VOV’s staff to preserve tradition and but keep VOV’s technology current.

Source: VOV5

NA deputies discuss draft amendments to Law on Education

Full-time deputies of the National Assembly discussed the draft amendments to the Law on Education.

Many deputies called for clear, unified regulations on tertiary education model, in which universities are the core. Deputy Prime Minister Vu Duc Dam addressed the discussion: If we give autonomy to a tertiary education institution, they will decide what the institution will comprise of and what section will be self-reliant.

Source: VOV5

Lao PM to attend WEF ASEAN 2018 in Vietnam

Prime Minister Thongloun Sisulith will lead a Lao delegation to the World Economic Forum on ASEAN 2018 (WEF ASEAN) to be held in Hanoi from next Tuesday, said Laos’ Pasaxon newspaper on Friday.

The newspaper said that WEF ASEAN is an annual meeting that draws the participation of high-ranking government leaders, global entrepreneurs, policymakers in the industrial sector, and representatives of international organizations as well as world leading experts.

WEF ASEAN 2018 will discuss ideas and visions on the theme of ASEAN 4.0: Entrepreneurship and the Fourth Industrial Revolution, and cooperation between the State and private sectors in socio-economic development in the region and the world at large. According to the newspaper, the Lao PM will meet his Vietnamese counterpart Nguyen Xuan Phuc and other leaders of the host country. He will also hold meetings with the President of the WEF and representatives of several international companies investing in Laos.

Source: VOV5

Vietnam, Russia vow to boost strategic partnership

Party General Secretary Nguyen Phu Trong said that despite complex developments in the world, comprehensive strategic relations between Vietnam and Russia have been consistently promoted for the mutual long-term benefit of the two peoples and the prosperity of the two nations.

Mr. Trong made the remark at a press conference on Thursday following talks in Sochi with Russian President Vladimir Putin.

We agree to consistently implement our comprehensive strategic partnership, strengthen political ties, and improve cooperation in economics, trade, investment, security, and defense. We will continue to create favorable conditions for each other’s businesses and investors in oil, gas, agriculture, and infrastructure building, said Mr. Trong.

The leaders witnessed the signing of a number of cooperation agreements.

The two leaders were pleased with the results of their talks, which focused on key issues of the Russian-Vietnamese comprehensive strategic partnership and both pledged to strengthen political ties and cooperation in all fields.

They agreed that maintaining peace and stability while enhancing mutual trust is of great importance to the stable development of Asia Pacific.

President Putin said Vietnam and Russia have developed a special relationship through regular dialogues and are comprehensive strategic partners whose ties keep improving because of mutual respect, equality, and shared interests. The two countries will continue to cooperate in all fields and coordinate closely in the international arena, he said, noting that Party leader Nguyen Phu Trong’s visit has created new momentum for lifting the relationship to new heights. Mr. Trong is on an official visit to Russia until Saturday.

Source: VOV5