Author

Topic: A letter to Advanced Micro Device (Read 2917 times)

legendary
Activity: 1946
Merit: 1006
Bitcoin / Crypto mining Hardware.
February 16, 2013, 03:33:54 AM
#26
Lets change Bitcoin hashing algo to SHA-3
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
February 16, 2013, 02:41:15 AM
#25
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 Smiley

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?

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
newbie
Activity: 52
Merit: 0
February 16, 2013, 01:58:53 AM
#24
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 Smiley

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?
legendary
Activity: 1400
Merit: 1005
February 14, 2013, 04:09:54 PM
#23
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.
Cool, learned a new word today.

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.   Wink
legendary
Activity: 1652
Merit: 1067
Christian Antkow
February 14, 2013, 03:31:36 PM
#22
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.
legendary
Activity: 1400
Merit: 1005
February 14, 2013, 03:25:52 PM
#21
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?
legendary
Activity: 1652
Merit: 1067
Christian Antkow
February 14, 2013, 03:21:05 PM
#20
Considering Bitcoin mining is forbidden at the AMD offices, I don't see this happening.
legendary
Activity: 1400
Merit: 1005
February 14, 2013, 02:57:57 PM
#19
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.
hero member
Activity: 728
Merit: 540
February 14, 2013, 02:53:28 PM
#18
Best.

Thread.

Evah.



sr. member
Activity: 388
Merit: 250
Save A Life, Adopt a Pet Today!
February 14, 2013, 12:20:48 PM
#17
Dear 0.01% of customer base:

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?Huh?  Woo Hoo!
hero member
Activity: 700
Merit: 500
February 14, 2013, 12:05:23 PM
#16

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.
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
February 14, 2013, 12:04:40 PM
#15
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.

Just what we need: Another Mining Device.
sr. member
Activity: 298
Merit: 250
February 14, 2013, 11:50:27 AM
#14

I don't see any mention of bitcoin on that website. Am I blind? Ctrl-F isn't working?
hero member
Activity: 700
Merit: 500
February 14, 2013, 10:46:44 AM
#13
Dear 0.01% of customer base:

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.
hero member
Activity: 952
Merit: 1009
February 14, 2013, 10:08:58 AM
#12
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.

This sounds strangely familiar.
sr. member
Activity: 388
Merit: 250
Save A Life, Adopt a Pet Today!
February 14, 2013, 09:03:42 AM
#11
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.
DrG
legendary
Activity: 2086
Merit: 1035
February 14, 2013, 04:01:22 AM
#10
Dear 0.01% of customer base:

No

 Shocked  Grin
sr. member
Activity: 388
Merit: 250
February 14, 2013, 02:57:36 AM
#9
Dear 0.01% of customer base:

Out of office Smiley
sr. member
Activity: 462
Merit: 250
legendary
Activity: 2212
Merit: 1001
February 14, 2013, 01:58:09 AM
#7
Dear 0.01% of customer base:

No

PS: what is a litecoin?

PSS: What is Bitcoin  Huh
hero member
Activity: 924
Merit: 506
February 14, 2013, 01:47:52 AM
#6
Dear 0.01% of customer base:

No

LOL!
newbie
Activity: 42
Merit: 0
February 14, 2013, 01:13:02 AM
#5
Dear 0.01% of customer base:

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
sr. member
Activity: 456
Merit: 250
February 14, 2013, 12:56:02 AM
#4
Dear 0.01% of customer base:

No

PS: what is a litecoin?
legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
February 14, 2013, 12:55:48 AM
#3
HAHA, train has left the station.  Sorry.
hero member
Activity: 812
Merit: 1000
February 14, 2013, 12:54:35 AM
#2
Dear 0.01% of customer base:

No
newbie
Activity: 42
Merit: 0
February 14, 2013, 12:50:49 AM
#1
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?
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