Topic: [AMC]-The Official Active Mining Cooperative Discussion - page 93. (Read 223316 times)

eASIC Announces easicopy™ ASIC

Santa Clara, CA – May 25, 2011 – eASIC Corporation today announced the immediate availability of “easicopy™”, an ASIC migration product that provides custom chip designers with a simple, low-risk migration path from eASIC Nextreme and Nextreme-2 NEW ASICs to cell-based ASIC devices.The addition of easicopy™ enables OEMs to continue to innovate and quickly ramp to volume production using eASIC Nextreme series devices, and now migrate to lower cost easicopy™ cell-based ASIC when designs ramp to extremely high volumes.

OEMs typically engage in an easicopy™ design once their lower up-front cost Nexteme series design has been proven and is profitably ramping in production. eASIC engineers seamlessly migrate the Nextreme or Nextreme-2 design netlist to an easicopy™ solution taking care of arduous tasks such as DFT insertion, ATPG, I/O ring and power mesh design, clock tree synthesis, package design, routing, extraction, IR drop and formal verification. While eASIC engineers are migrating the design to easicopy™, OEMs continue to profitably ramp in production with the Nextreme series design, thereby mitigating overall design and production risks. Once the easicopy™ design is complete OEMs are able to switch production from their Nextreme or Nextreme-2 design to easicopy™ in order increase gross margins even further.

“Seagate is delighted to have launched Momentus®XT, the industry’s first solid state hybrid drive, using the easicopy ASIC Migration product,” said Kurt Richarz, Seagate executive vice president of sales. “We were able to use Nextreme NEW ASICs to accelerate time-to-market of Momentus®XT. eASIC seamlessly migrated our design to easicopy™. We see easicopy™ as a natural extension to our value engineering programs as we take products from initial ramp through to very high volumes.”

“We are seeing more customers who are successfully in volume production with their Nextreme series devices, wanting to ramp to very high volumes,” said Jasbinder Bhoot, Vice President of Worldwide Marketing, eASIC Corporation.“The combination of low-up front cost Nextreme series devices,and the lowest unit cost of easicopy™ solutions now gives customers the power to freely innovate and seamlessly ramp successful innovations from hundreds of thousands of units to millions of units, all with eASIC.”

True. Like securing the IP and a manufacturer for a 28nm chip is so easy to do!

We are on schedule to receive 62 of these machine by the end of August.  We have 20,000 chips on order from
Avalon for these machines.

Now, I think you are a competitor just trying to spread FUD about AMC, I have looked at some of your
post and you seem to be tied to KnC as your forum name suggest "TheSwede75". and this:

[Group Buy #2] 1 KNC Miner Saturn 175 GH/s miner + hosting (10 shares) CLOSED

which is your group buy for KNC equipment.  Case Closed.

LOL at people panic selling already. Its incredible how amateur this market is

Absolutely not, that would be a great thing but this - "AMC is ABSOLUTELY not worth the .0025 / share" is not a general summary it's just an opinion.

LOL! So, a Jupiter miner of 350GH/s will use 3.5 chips then?

This is GREAT News!

The fact we are going with eASIC is just... 

I understand people's doubts, but they are really missing the important technical details: The fact that wafer production CAN start at the same time as the design process, meaning wafer production can start AS SOON AS WE GET THE NRE FUNDS.

Second is the easicopy migration.... That is really the icing on the cake! 

The fact AMC is getting back $1M from chip sales means not only we'll have our own chip, but also a huge fund to buy hardware!

Precise? Oh well how about:

100 Fast-Hash-80's**    @ 80 GH/s each for a total of: 8 TH/s
Specifications: 110nm 282 MH/s chip 75 chips per board 4 boards per unit
Estimated retail value @ ~$6,000 each for a total of $600,000
(Estimated to be delivered August 2013)

60 BTC in AUGUST 2013 for a Avalon clone? Yeah, people are right now demanding refunds for their Avalon Batch #3 since if they don't delivery BEFORE august they won't make their money back. Dream on with this pricing.

100 Fast-Hash-80's**    @ 80 GH/s each for a total of: 8 TH/s
Specifications: 110nm 282 MH/s chip 75 chips per board 4 boards per unit
Estimated retail value @ ~$6,000 each for a total of $600,000
(Estimated to be delivered October 2013)

EVEN CRAZIER!

100 Fast-Hash-80's**    @ 80 GH/s each for a total of: 8 TH/s
Specifications: 110nm 282 MH/s chip 75 chips per board 4 boards per unit
Estimated retail value @ ~$6,000 each for a total of $600,000
(Estimated to be delivered December 2013)

NOW ABSOLUTELY FANTASY

100 Fast-Hash-80's**    @ 80 GH/s each for a total of: 8 TH/s
Specifications: 110nm 282 MH/s chip 75 chips per board 4 boards per unit
Estimated retail value @ ~$6,000 each for a total of $600,000
(Estimated to be delivered February 2014)

THEY EXPECT TO SELL AVALON CLONES FOR $6000 IN FEBRUARY 2014? SERIOUSLY, TELL ME THIS IS A JOKE!

100 Fast-Hash-400's**    @ 400 GH/s each for a total of: 40 TH/s
Specifications: 45nm 6 GH/s chip 75 chips per board 1 board per unit
Estimated retail value @ ~$30,000 each for a total of $3,000,000
(Estimated to be delivered March 2014)

400 GH/S @ $30k each delivered in MARCH 2014??? KNC is selling 400 GH/s miners with delivery in SEPT/OCT 2013 for $8000!!

100 Fast-Hash-800's**    @ 800 GH/s each for a total of: 80 TH/s
Specifications: 45nm 6 GH/s chip 75 chips per board 2 boards per unit
Estimated retail value @ ~$60,000 each for a total of $6,000,000
(Estimated to be delivered May 2014)

Same absolutely nonsense and price inflation. MAY 2014 delivery @ 800 GH/s for $60k? BFL is selling Minirig @ 500 GH/s for $22k and no one is buying them!

100 Fast-Hash-1.2T's**    @ 1.2 TH/s each for a total of: 120 TH/s
Specifications: 28nm 9 GH/s chip 75 chips per board 1 board per unit
Estimated retail value @ ~$100,000 each for a total of $10,000,000
(Estimated to be delivered July 2014)

July 2014??? Yeah.. MAY be worth $10k by then.

100 Fast-Hash-2.4T's**    @ 2.4 TH/s each for a total of: 240 TH/s
Specifications: 28nm 9 GH/s chip 75 chips per board 2 board per unit
Estimated retail value @ ~$200,000 each for a total of $20,000,000
(Estimated to be delivered September 2014)

September 2014??? Yeah.. MAY be worth $10k by then.


100 Fast-Hash-4.8T's**    @ 4.8 TH/s each for a total of: 480 TH/s
Specifications: 28nm 9 GH/s chip 75 chips per board 4 board per unit
Estimated retail value @ ~$400,000 each for a total of $40,000,000
(Estimated to be delivered December 2014)

I think I have made my point.


I don't think that the company is a scam, or that the founders are not working hard. But seriously, at these price/profit projections I just don't see the profit there at all.

No, the chips spec say a maximum of 10 GH/s, AMC chips is 16 GH/s no one comes close.

Here you go: 


No the profit calculation in the contract is based on a 40 times increase in the difficulty in the next 25 months.  Also, there is a growth and expansion fund which receives 50% of the revenue for the next ~10 Months to purchase more mining equipment to keep up and exceed the difficulty raise.


I guess that is true, however AMC gets machines at manufacturers cost, so the profit on those machine will be zero and AMC has a lot of rights to machines over the next year or so.


Yes, this has happened before, due to the Bitfunder "God" Ukto forcing AMC to sale shares at .0005 when the market price was .0008.


For the next ~10 months the shares represents 1/40,000,000 of the profits due to 60,000,000 not being issued and thus not receiving any dividends at all.


The contract can not be changed.  There can not be anymore than 100,000,000 shares issued.


VMC was created to give AMC a stable source of Bitcoin Mining Machines, due to the likes of BFL, Avalon, KnC, etc having pre-orders, not delivering in a timely way, etc.


I am funding VMC's business which is hardware sales, AMC is funding the development of the hardware and receiving tremendous benefits which include machines at manufacturers cost, 10% royalty on VMC sales which uses AMC technology (which will be most likely 100% by the way) and now as of today 100% of the profits from chips sales until the NRE is repaid.

 

The news on the chips seems to have been exactly what people were suspecting, so the effect the news had on the share price had already been factored in at this point.

Perfectly reasonable. You are talking about peoples hard earned money do you think they are going to throw it at a share on a news release that hasn't yet been officially released or scrutinized? This isn't a major on Wall St the news needs to be examined.

Shares can go up as well as down - if you don't know that elemental fact you should not be putting your money into shares.

That was not the reaction i was expecting on the order books. Seems to be a stunned calm at the mo, not knowing what to make of it, and/or taking it in.  

This guy on reddit raised some valid objections: