Topic: [AMC]-The Official Active Mining Cooperative Discussion - page 92. (Read 223316 times)

Good luck trying to reverse the panic selling.

I'm not entirely sure what people were expecting. The news is better than expected. Were they looking for the chips to be ready today? No one said anything of the such.

AMC provided the news that we all wanted to hear. They need money now to make the chips. The faster AMC raises the money, the faster the chips get made.

The conflict of interest and FUD in this thread is palpable.

I googled "EASIC + ORSOC" and discovered

-since 2006, ORSoC resells eASIC products (is KnC using them???)
-eASIC has 51-200 employees and was founded in 1999, backed by multiple Silicon Valley VC super-heavyweights
-ORSoC has 11-50 employess and was founded in 2004

I've in several KnC group buys, but it looks like AMC will give them a run for the money.

Vbs, thanks for the awesome, sexy chip pr0n!   

Please link it to me. I also very much would like to see the power figures on a 100GH/s chip.

Maybe you should tell them to modify their Jupiter image on their webpage? Seems so big for a 3.5 chip machine! And watercooled! Oh my! I can only imagine the overclock those chips will run at!

People need to stop panic-selling at once they see the prices dropping a bit and start realizing the nature of the situation: the news given today holds great promise for the future of AMC and the production process chosen gives AMC an advantage in the ASIC race.

As Vbs states the wafer production can start the moment the NRE is paid! This means the faster the 0.0025 wall falls, the faster the chips will get made and thus the faster AMC can start large scale mining!

Looks like the fun is over before it even started

Now I kind of understand why Ken didn't want to disclose the manufacturer. They seem to have an edge by having very low entry costs.

Read their announcement.

So, why is eASIC that important? And why is our partnership with them just ACE?

1) Fast Turnaround ASICs
eASIC uses a specific manufacturing process for quick chip delivery, that only relies on customizing the metal layer of the chip. All other layers are EQUAL on all their chips, for any other client, they use a structured ASIC approach.



What does this mean: It means wafers can enter production THE SAME DAY as we pay the NRE. THERE IS NO MASK!!!!!!!!!!!!!!!!!!!!!

"When it comes to device manufacturing and test, eASIC Nextreme-2 family takes only a fraction of the time of standard cell ASICs as only one via layer needs to be customized for each design. This means that wafer manufacturing can start much earlier and even during the design stage itself. The short manufacturing and test cycle enables designers to bring new products to market quickly and also rapidly develop derivative products to cater for changing market requirements."


2) easicopy ASIC migration



What does this mean: It means once we move our chip to that process, not only will it be faster, it will be cheaper and with less power requirements.

Difficult questions need to be asked IMO. I've only been a shareholder these last couple of weeks, but my 2 satoshi...

The large node ASICs (Avalon, block erupter)  now look to have a very limited shelf life. Someone in a cold climate with free to very cheap power might still be delighted to get their hands on them come 2014, but most of us are going to be looking elsewhere.

The pricing of the the new systems looks realistic. The avalon clones may need to be cleared out at cost. BFL will be selling off the shelf in September, they may return to previous pricing structure then.


Flash.

I think people are missing the story here. AMC is using a pretty similar strategy to ASICMINER. First right of refusal on VMC's machines gives AMC as much hashrater as it can afford at manufacturers cost. Ken still has many shares to sell and is also acquiring hashrate at a rate faster than the network is expanding, which means he can snowball profits into more hashrate successfully,reliably, and exponentially.

Should AMC become a major player on the network, with say 15% control, they will be raking in 3780 BTC per week. Considering there are 40 million shares outstanding for the next 10 months or so revenue per dividend per week would be 0.0000945. Obviously not all revenue is profit, so lets withhold say 10% of weekly revenue for operating costs. That gives us 0.00008505 per share as a weekly dividend.

ASICMINER's share price is currently well over 100 times its weekly dividend and appears capable of reliably holding 10-30% of the network for the next few months at the very least. Should AMC achieve a similar position I think the market will value its dividend/share price at relatively similar ratios. 0.00008505*100 is 0.008505, which I think the share price would be roughly equal to should AMC achieve a similar position to ASICMINER. Given more ambitious numbers and projections and the share price could be 0.01 or greater in 6 months as the market prices in the reduced uncertainty.

This is my opinion on the situation and I welcome criticism. I hope people do their own math and reasoning before investing money into this security.

Ok, I'll do a post linking all the tech stuff for everyone to read.

He's just trying to do damage control.  Notice how he only addressed one of his concerns while the others mentioned are of much more importance.

AMC = The new Facebook IPO?

You mean because there is "swede" in its username? So he should be related to KnC?
They must even be cousin!
OMG I cannot believe you said something like this.


EDIT: Anyway, you answered about delivery date, while he was speaking about prices.