Ok, now I am confused. So, now you are buying Avalon chips and your first miners will be built with Avalon chips? But, you are not buying the 100 Avalons that you have in the OP as saying will be your first miners?
Maybe you should fix the offering memo since this seems different than what I read. What are the "wafers" that you are referring to? Do you mean chips from avalon? You said a couple of posts ago that your wafers were coming but you have not even taped a mask? Do I seem confused?
I think you are reading the wrong description of the offering. VMC is building is first series of machines on Avalon's technology. VMC's second and third series of machines will be based on AMC's technology which is 45nm and 28nm chips.
Sorry, I was reading your replies. That is why I asked if you typo'ed.
We know what we are doing. The wafers are already almost done.
You have no wafers so the wafers are NOT already almost done. You do not have a mask. That is what you plan to develop in the future. That is what I was asking to clarify.
You now are saying you have chips on order from Yifu and will build boards with his chips. Is that CORRECT? Did you order 10,000 chips from Avalon?
Did you consider driving across town and trying to buy some 65nm chips from BFL to help them pay for their next wafer start?