Topic: A letter to Advanced Micro Device (Read 2916 times)
Lets change Bitcoin hashing algo to SHA-3
AMD is a badly run company with no clue about the future. They missed changes in the desktop processor space, the mobile chip space, the gaming space, the ssd drive space, and now the ASIC mining space. The stock is down about 62% ytd, and it closed at $2.71--they really need all the help that they can get.
The best way to get their attention is to buy some AMD stock then head over to the annual shareholder meeting and request that they build a better miner--if a lot of us purchased AMD stock, we'd be in the less than 1% of customers that would actually purchase a mining device, but we'd have some voting power with our pooled AMD shares--heck I'd also be happy if they would just build a dedicated Folding@home device while they are building your mining device
The best way to get their attention is to buy some AMD stock then head over to the annual shareholder meeting and request that they build a better miner--if a lot of us purchased AMD stock, we'd be in the less than 1% of customers that would actually purchase a mining device, but we'd have some voting power with our pooled AMD shares--heck I'd also be happy if they would just build a dedicated Folding@home device while they are building your mining device
A letter to AMD:
As we all know, mining Bitcoin or Litecoin are big selling point of AMD graphics cards, but this advantage will disappear when dedicated ASIC device emerge in the near future. Can your company consider this situation by adding dedicated accelerated unit or instruction set to furture AMD CPU and GPU generation for better Bitcoin & Litecoin mining?
As we all know, mining Bitcoin or Litecoin are big selling point of AMD graphics cards, but this advantage will disappear when dedicated ASIC device emerge in the near future. Can your company consider this situation by adding dedicated accelerated unit or instruction set to furture AMD CPU and GPU generation for better Bitcoin & Litecoin mining?
AMD's reply:
Upon viewing our balance sheet, it seems we do need a little influx of cash, in your case, bitcoins.
In a couple days we'll be embedding a pre-order button onto our website. Once we receive $2M USD in pre-orders, we will set a fuzzy date as to when we plan to ship. We normally don't do business this way, but am making an exception to not disrupt the status quo as to how bitcoiners currently purchase mining equipment.
Regards,
Bob N
bn/akr
AMD is a badly run company with no clue about the future. They missed changes in the desktop processor space, the mobile chip space, the gaming space, the ssd drive space, and now the ASIC mining space. The stock is down about 62% ytd, and it closed at $2.71--they really need all the help that they can get.
The best way to get their attention is to buy some AMD stock then head over to the annual shareholder meeting and request that they build a better miner--if a lot of us purchased AMD stock, we'd be in the less than 1% of customers that would actually purchase a mining device, but we'd have some voting power with our pooled AMD shares--heck I'd also be happy if they would just build a dedicated Folding@home device while they are building your mining device
The best way to get their attention is to buy some AMD stock then head over to the annual shareholder meeting and request that they build a better miner--if a lot of us purchased AMD stock, we'd be in the less than 1% of customers that would actually purchase a mining device, but we'd have some voting power with our pooled AMD shares--heck I'd also be happy if they would just build a dedicated Folding@home device while they are building your mining device
A letter to AMD:
As we all know, mining Bitcoin or Litecoin are big selling point of AMD graphics cards, but this advantage will disappear when dedicated ASIC device emerge in the near future. Can your company consider this situation by adding dedicated accelerated unit or instruction set to furture AMD CPU and GPU generation for better Bitcoin & Litecoin mining?
As we all know, mining Bitcoin or Litecoin are big selling point of AMD graphics cards, but this advantage will disappear when dedicated ASIC device emerge in the near future. Can your company consider this situation by adding dedicated accelerated unit or instruction set to furture AMD CPU and GPU generation for better Bitcoin & Litecoin mining?
Considering Bitcoin mining is forbidden at the AMD offices, I don't see this happening.
Spending all their time playing video games is probably forbidden as well - what's your point?My point is, I don't see them devoting significant resources to a nascent technology. Gaming is another matter entirely, and arguably contributes more to their bottom line than SHA256 hashing.
Furthermore, I imagine spending all your time playing video games is probably forbidden, even at a video game company.
And yes, I agree with you. I'm just saying that the day will come when Bitcoin isn't so nascent, and AMD will pay attention.
Considering Bitcoin mining is forbidden at the AMD offices, I don't see this happening.
Spending all their time playing video games is probably forbidden as well - what's your point?My point is, I don't see them devoting significant resources to a nascent technology. Gaming is another matter entirely, and arguably contributes more to their bottom line than SHA256 hashing.
Furthermore, I imagine spending all your time playing video games is probably forbidden, even at a video game company.
Considering Bitcoin mining is forbidden at the AMD offices, I don't see this happening.
Spending all their time playing video games is probably forbidden as well - what's your point?
Considering Bitcoin mining is forbidden at the AMD offices, I don't see this happening.
They might jump into the game down the road, when Bitcoins are worth $1,000 or $10,000/ea, but Intel and NVIDIA would be just as likely.
Best.
Thread.
Evah.
Thread.
Evah.
Dear 0.01% of customer base:
No
No
Bitcoin has attracted AMD's attention: http://www.amd.com/us/products/desktop/graphics/7000/7970/Pages/radeon-7970.aspx
Fold and mine faster than ever with AMD App Acceleration powered by the unprecedented 28nm GCN Architecture.6
So AMD devices with fold my laundry?
? Woo Hoo! 
Bitcoin has attracted AMD's attention: http://www.amd.com/us/products/desktop/graphics/7000/7970/Pages/radeon-7970.aspx
I don't see any mention of bitcoin on that website. Am I blind? Ctrl-F isn't working?
They don't mention bitcoin by name, but they mention "mining" when they start talking about HPC applications.
Dear Customers,
Please send $1999 per unit you wish to purchase and we will get back to you in eight months. Maybe.
But don't expect us to let you know what we are doing.
Please send $1999 per unit you wish to purchase and we will get back to you in eight months. Maybe.
But don't expect us to let you know what we are doing.
Just what we need: Another Mining Device.
Bitcoin has attracted AMD's attention: http://www.amd.com/us/products/desktop/graphics/7000/7970/Pages/radeon-7970.aspx
I don't see any mention of bitcoin on that website. Am I blind? Ctrl-F isn't working?
Dear 0.01% of customer base:
No
No
Bitcoin has attracted AMD's attention: http://www.amd.com/us/products/desktop/graphics/7000/7970/Pages/radeon-7970.aspx
Fold and mine faster than ever with AMD App Acceleration powered by the unprecedented 28nm GCN Architecture.6
Pretty much this. They know and care to a point. That point is they will acknowledge mining in their marketing and probably not drastically alter their chip architecture to be like Nvidia and suddenly suck at mining, because that would be too much R&D. Will they release dedicated mining cards that are less capable on the graphics side, no.
Dear Customers,
Please send $1999 per unit you wish to purchase and we will get back to you in eight months. Maybe.
But don't expect us to let you know what we are doing.
Please send $1999 per unit you wish to purchase and we will get back to you in eight months. Maybe.
But don't expect us to let you know what we are doing.
This sounds strangely familiar.
Dear Customers,
Please send $1999 per unit you wish to purchase and we will get back to you in eight months. Maybe.
But don't expect us to let you know what we are doing.
Please send $1999 per unit you wish to purchase and we will get back to you in eight months. Maybe.
But don't expect us to let you know what we are doing.
Dear 0.01% of customer base:
Out of office
Out of office
Dear 0.01% of customer base:
No
No
PS: what is a litecoin?
PSS: What is Bitcoin
What is mining?
Dear 0.01% of customer base:
No
No
PS: what is a litecoin?
PSS: What is Bitcoin
Jump to: