UpdateStatus QuoThe PCB production of the main board and the power module has started. For safety the second batch has no changes with respect to the PCB design. However the mechanical parts will meet some improvements to cope with more heat introduced by possible aggressive overclocking.
The deploying of the first batch had met more stagnation since the rewiring for increasing of power capacity of the new place has still been going on since the last week. There are no accidents like fire or steal. Our devices are fused from the house level to the board level, and our workshops (both old and new) have both a public (district-based) and a private (building-based) security system. Most of the boards ran 24/7 without any dysfunction or slowdown. Sometime one or two PSUs may stop working but that's because in our original setting they are a way close to be overloaded.
Further PlansWe definitely will move to better technology. And in the next few years we will keep benefit from our design experience of IC and PCB boards, our accumulated contacts to the manufacturers, and not-yet-fully raised low costs in mainland China.
I only claim that all you talk about how network needs you was all crap, and that you failed the first simple test of proving your necessity to btc ecosystem, you are useless and you will go extinct in short time..
EDIT: cool translation: and this is how things work in darwinian world we live in, you are necessary, you survive, you are not necessary, you are out.. it is not hatred, its cool math, cope with this or don't expect world to remember you... it's just a warning. you have a board which vote this and that, consider this post just a mere advice..
We contribute to the network security as all other miners do. If you think that miners are not necessary for the btc ecosystem then we are not. Objectively every single dime spent on mining devices by people inside the community reduces a little probability of Bitcoin being taken down by malicious organizations.
ASIC manufactures sell devices to miners. We are both an ASIC manufacture and a miner. Does this make us less useful and more evil than both?
The next batch will come at the end of this month? And what will be the timeframe to bring them online, now as you made contracts with workshops and so on? Any estimation?
I only wonder how it will be handled that asicminer lacks competition. I mean if really 62TH will be online soon than we will have 200% of the network hashingrate like it is now. Or 66.6% when its online. Competition should start to move then.
Yes. We expect late April to be fully online, but that would require we successfully get enough
right employees and there's nothing unexpected during the production process.
We expect a long-lasting, sharp and harsh difficulty rising therefore this will not likely to be a concern. If it becomes very fortunate for us that the difficulty climbs up slow, selling the devices at that moment at a low price as the current market price is not wise and too early. Refraining the hashpower for several days or weeks may be a better choice.