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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1282. (Read 3917531 times)

legendary
Activity: 1162
Merit: 1000
DiabloMiner author
We are sorry to shareholders that we are now >2-month delayed against the original plan. (Late Dec. against Late Oct. to get the chips, plus 4-5 weeks against 2-3 weeks to fully deploy). The status are resulted in by a mix of our optimistic projection, our conservative action and our un-developed relation in the electric manufacturing field. Thanks again for all shareholders' patience and we will keep the track of deploying, and improve our timeline with the lessons of this time in our later products.

It ends up not being an issue. BFL won't ship yet (or possibly ever), bASIC failed to launch, Avalon is in the process of shipping but no one has gotten shipping numbers yet (and most likely won't get the product in their hands until the first week of Feb), so as long as we start mining before or at the same time Avalon customers get their gear, we're fine.
full member
Activity: 195
Merit: 100
Update

All confirmations including GLBSE-only ones (who haven't claimed to us) have been sent. For shareholders who haven't received any, please check your spam folder, and report to us if you still couldn't find them.

Well, now that Avalon apparently shipped, would you like to give an estimate on when we start hashing and how many TH/s are we looking at?
Considering the yield rate (including chips themselves, assembling, and other uncertainties) and the overclocking opportunity we are looking at over 10TH/s and under 12TH/s for the whole first batch and sixfold for the second.

I'm beginning to be really curious as to what the hold up is. Proper way to do this is to plan ahead, and plan for errors also.

Has something come up?
Why was hardware ordered after chips and boards arrived?
Haven't any mechanical CAD or thermal analysis been done?

Hope your update is open and detailed. There's no need to keep any secrets at this point.
1. No surprising things has come up. The real hold up is that we are meeting the delay of the assembly service which is an automated process which is practically hard to "push".
2. Because we have made many adjustments on the heat solution during the last few weeks and negated many as improper ones for bulk-ordering. They are done in parallel with the first the (mass) packaging of chips and then the (mass) production of pcbs so this was not the part that wasted time.
3. Yes. But we ordered them after the physical tests are done.

Framing is important, so let me ask it like this:
Freidcat, would you please post an brief note on what the current status of the project is and when the next milestone worth announcing will happen? Thanks!
The current status is that in estimation we will be delayed by about 2 weeks in total compared to what we projected when the chips arrive. That is early Feb, before the CNY vacation comes. The next "real" milestone worth announcing is that we start hashing in our workshop, but before that we will also keep you updated.

It was a perfect moment to start, but it seems there are no mining rigs ready yet.... Guess we have to wait till Friedcats update in a couple of hours to hear where they stand at the moment.....
No, not ready yet. Whenever they are ready we couldn't wait till a "regular" update time to announce it...

We are sorry to shareholders that we are now >2-month delayed against the original plan. (Late Dec. against Late Oct. to get the chips, plus 4-5 weeks against 2-3 weeks to fully deploy). The status are resulted in by a mix of our optimistic projection, our conservative action and our un-developed relation in the electric manufacturing field. Thanks again for all shareholders' patience and we will keep the track of deploying, and improve our timeline with the lessons of this time in our later products.

Thanx for the nice update. Keep up with the good work!
hero member
Activity: 868
Merit: 1000
Thanks for the update !

Now that all the share confirmations have been sent out, when do you project the shares will start trading on the new platform?
donator
Activity: 848
Merit: 1005
Update

All confirmations including GLBSE-only ones (who haven't claimed to us) have been sent. For shareholders who haven't received any, please check your spam folder, and report to us if you still couldn't find them.

Well, now that Avalon apparently shipped, would you like to give an estimate on when we start hashing and how many TH/s are we looking at?
Considering the yield rate (including chips themselves, assembling, and other uncertainties) and the overclocking opportunity we are looking at over 10TH/s and under 12TH/s for the whole first batch and sixfold for the second.

[quote bitcoinmagazine]
Normally, computer chip manufacturing facilities produce a “yield” of 95% – that is, less than 5% of the chips that come out of the foundry are imperfect in some way. For ASICMiner’s chip production, the company’s customer service representative reported, the number of failed chips is as high as 30%. In theory, all this means is that the manufacturer will need to make 43% more chips to compensate, but the abnormality hints at the possibility of other problems to come.
[/quote]
We have to make clear that that we have said was that our fab considers <1/3 failed rate as OK and they won't take responsibility, which is their bottom line. The reality is that our yield rate also >95%. The whole number of chips were less than what we expected was caused by the MLM typed process used for making our masks utilizes less area than a full mask.

I'm beginning to be really curious as to what the hold up is. Proper way to do this is to plan ahead, and plan for errors also.

Has something come up?
Why was hardware ordered after chips and boards arrived?
Haven't any mechanical CAD or thermal analysis been done?

Hope your update is open and detailed. There's no need to keep any secrets at this point.
1. No surprising things has come up. The real hold up is that we are meeting the delay of the assembly service which is an automated process which is practically hard to "push".
2. Because we have made many adjustments on the heat solution during the last few weeks and negated many as improper ones for bulk-ordering. They are done in parallel with the first the (mass) packaging of chips and then the (mass) production of pcbs so this was not the part that wasted time.
3. Yes. But we ordered them after the physical tests are done.

Framing is important, so let me ask it like this:
Freidcat, would you please post an brief note on what the current status of the project is and when the next milestone worth announcing will happen? Thanks!
The current status is that in estimation we will be delayed by about 2 weeks in total compared to what we projected when the chips arrive. That is early Feb, before the CNY vacation comes. The next "real" milestone worth announcing is that we start hashing in our workshop, but before that we will also keep you updated.

It was a perfect moment to start, but it seems there are no mining rigs ready yet.... Guess we have to wait till Friedcats update in a couple of hours to hear where they stand at the moment.....
No, not ready yet. Whenever they are ready we couldn't wait till a "regular" update time to announce it...

We are sorry to shareholders that we are now >2-month delayed against the original plan. (Late Dec. against Late Oct. to get the chips, plus 4-5 weeks against 2-3 weeks to fully deploy). The status are resulted in by a mix of our optimistic projection, our conservative action and our un-developed relation in the electric manufacturing field. Thanks again for all shareholders' patience and we will keep the track of deploying, and improve our timeline with the lessons of this time in our later products.
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
I'm beginning to be really curious as to what the hold up is. Proper way to do this is to plan ahead, and plan for errors also.

Has something come up?
Why was hardware ordered after chips and boards arrived?
Haven't any mechanical CAD or thermal analysis been done?

Hope your update is open and detailed. There's no need to keep any secrets at this point.



The hold up, right now, is the Chinese New Year, and possibly, your inability to read.

friedcat has already said in this thread:
1) The first batch was split in half just in case there were errors in the chip design, and the first half of the first batch has been completed, the rest of the first batch has only been manufactured half way and...
2) friedcat has given his go ahead to the chip fab to complete them
3) friedcat has tested a sample of the chips, and they passed testing with flying colors, and may even be able to be clocked much higher than originally engineered for, due to how well they came out
4) the half of the first batch has been sent to the board assembler to be surface mounted with the rest of the components
5) the Chinese New Year means nothing gets done
6) he has already chosen and mostly prepared the location the mining rigs will be setup
7) the first boards should be completed and sent to friedcat and begin mining in the first or second week of February


1. According to friedcat the 2nd half was finished and in QC over a week ago
2. The go ahead was given and additional wafers were ordered, not the first 12
3.
4.
5. Nowhere has friedcat said that Chinese New Year would in any way influence ASICMINER. He said and I quote: It might take more than 2 weeks to get all 12 wafers up and hashing
6.
7. See 5. I read his update that all chips from the 12 wafers would be up and running in appr 2 weeks since the last update, so 1 week from now.

The only thing of concern and possibly related to CNY is the act that they ordered Heatsinks in bulk 2 weeks ago.... That might cause a delay if they dont arrive before CNY

1/2) I must have missed the update where he said the second half was already finished and hes already ordered the second batch
5) He hasn't said it, but its still an issue if things take too long or something goes wrong.
7) One week from now is February. Now, yes, I hope they start mining this week, but I think it'll end up being the first week of Feb.
hero member
Activity: 868
Merit: 1000
I'm beginning to be really curious as to what the hold up is. Proper way to do this is to plan ahead, and plan for errors also.

Has something come up?
Why was hardware ordered after chips and boards arrived?
Haven't any mechanical CAD or thermal analysis been done?

Hope your update is open and detailed. There's no need to keep any secrets at this point.



The hold up, right now, is the Chinese New Year, and possibly, your inability to read.

friedcat has already said in this thread:
1) The first batch was split in half just in case there were errors in the chip design, and the first half of the first batch has been completed, the rest of the first batch has only been manufactured half way and...
2) friedcat has given his go ahead to the chip fab to complete them
3) friedcat has tested a sample of the chips, and they passed testing with flying colors, and may even be able to be clocked much higher than originally engineered for, due to how well they came out
4) the half of the first batch has been sent to the board assembler to be surface mounted with the rest of the components
5) the Chinese New Year means nothing gets done
6) he has already chosen and mostly prepared the location the mining rigs will be setup
7) the first boards should be completed and sent to friedcat and begin mining in the first or second week of February


1. According to friedcat the 2nd half was finished and in QC over a week ago
2. The go ahead was given and additional wafers were ordered, not the first 12
3.
4.
5. Nowhere has friedcat said that Chinese New Year would in any way influence ASICMINER. He said and I quote: It might take more than 2 weeks to get all 12 wafers up and hashing
6.
7. See 5. I read his update that all chips from the 12 wafers would be up and running in appr 2 weeks since the last update, so 1 week from now.

The only thing of concern and possibly related to CNY is the act that they ordered Heatsinks in bulk 2 weeks ago.... That might cause a delay if they dont arrive before CNY
legendary
Activity: 1162
Merit: 1000
DiabloMiner author

The hold up, right now, is the Chinese New Year, and possibly, your inability to read.


Do you realise that Chinese New Year isn't until February 10th which is two and a half weeks away from now ?

Yes.

Stuff starts shutting down and priority jobs are completed before the beginning of the Chinese New Year, and once the Chinese New Year starts, everything is completely shut down and everyone goes home. Hopefully, the finished boards are already in friedcat's hands BEFORE the 10th, otherwise we might be in for a longer wait.
legendary
Activity: 2097
Merit: 1070

The hold up, right now, is the Chinese New Year, and possibly, your inability to read.


Do you realise that Chinese New Year isn't until February 10th which is two and a half weeks away from now ?
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
I'm beginning to be really curious as to what the hold up is. Proper way to do this is to plan ahead, and plan for errors also.

Has something come up?
Why was hardware ordered after chips and boards arrived?
Haven't any mechanical CAD or thermal analysis been done?

Hope your update is open and detailed. There's no need to keep any secrets at this point.



The hold up, right now, is the Chinese New Year, and possibly, your inability to read.

friedcat has already said in this thread:
1) The first batch was split in half just in case there were errors in the chip design, and the first half of the first batch has been completed, the rest of the first batch has only been manufactured half way and...
2) friedcat has given his go ahead to the chip fab to complete them
3) friedcat has tested a sample of the chips, and they passed testing with flying colors, and may even be able to be clocked much higher than originally engineered for, due to how well they came out
4) the half of the first batch has been sent to the board assembler to be surface mounted with the rest of the components
5) the Chinese New Year means nothing gets done
6) he has already chosen and mostly prepared the location the mining rigs will be setup
7) the first boards should be completed and sent to friedcat and begin mining in the first or second week of February
hero member
Activity: 560
Merit: 500
I'm beginning to be really curious as to what the hold up is. Proper way to do this is to plan ahead, and plan for errors also.

Has something come up?
Why was hardware ordered after chips and boards arrived?
Haven't any mechanical CAD or thermal analysis been done?

Hope your update is open and detailed. There's no need to keep any secrets at this point.

legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
...
In another 3 hours there will be a negative difficulty adjustment, a perfect moment to unleash a couple TH of hashing power Smiley
It was 10 hours ago ...
217728 had the new difficulty 2968775.3320751

It was a perfect moment to start, but it seems there are no mining rigs ready yet.... Guess we have to wait till Friedcats update in a couple of hours to hear where they stand at the moment.....
Well he hasn't sent me the dev board yet Cheesy
Though I've also no idea of any details either.
e.g. USB chip or MCU protocol
Of course there are lots of other interesting things to know, but those two will be what I'll need to know when the board arrives.
(but knowing in advance of course would mean I might be able to pre-emptively do some coding)
hero member
Activity: 868
Merit: 1000
...
In another 3 hours there will be a negative difficulty adjustment, a perfect moment to unleash a couple TH of hashing power Smiley
It was 10 hours ago ...
217728 had the new difficulty 2968775.3320751

It was a perfect moment to start, but it seems there are no mining rigs ready yet.... Guess we have to wait till Friedcats update in a couple of hours to hear where they stand at the moment.....
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
...
In another 3 hours there will be a negative difficulty adjustment, a perfect moment to unleash a couple TH of hashing power Smiley
It was 10 hours ago ...
217728 had the new difficulty 2968775.3320751
hero member
Activity: 868
Merit: 1000
Update

What happened last week:

1. Workshop with sufficient power supply and cables for mining farm settled.
2. Solution of mechanical parts such as heatsinks done and products bulk-ordered.
3. The mass production (second batch) of the chips starts in the fab.
4. The rest 6 wafers finished and in the QC stage.
5. Waiting for all the main boards assembled with chips and components done.

We would like to say that the shareholders of ASICMINER are always in a better place now, than device users. because while  the everlasting free upgrade from providers for users is not possible, all our future products will benefit our shareholders. Thanks to all shareholders for taking the risks with/for us as investors in the beginning of our project. Higher risks are almost always rewarded with higher returns when the risks are eliminated. Now the biggest risks have gone so please expect the enjoying of both short-term and long-term profits of us in the next years. And also thanks for your patience.

The deploying with the whole 12 wafers may take more than two weeks. But everything is progressing well and no exceptions happened. We will make more frequent updates when any new milestones are hit.

The excitement is killing me! Can we have our update a little bit early this week?

[And please let the message be: "ASICMiner has already started hashing..."!]

In another 3 hours there will be a negative difficulty adjustment, a perfect moment to unleash a couple TH of hashing power Smiley
sr. member
Activity: 362
Merit: 250
Update

What happened last week:

1. Workshop with sufficient power supply and cables for mining farm settled.
2. Solution of mechanical parts such as heatsinks done and products bulk-ordered.
3. The mass production (second batch) of the chips starts in the fab.
4. The rest 6 wafers finished and in the QC stage.
5. Waiting for all the main boards assembled with chips and components done.

We would like to say that the shareholders of ASICMINER are always in a better place now, than device users. because while  the everlasting free upgrade from providers for users is not possible, all our future products will benefit our shareholders. Thanks to all shareholders for taking the risks with/for us as investors in the beginning of our project. Higher risks are almost always rewarded with higher returns when the risks are eliminated. Now the biggest risks have gone so please expect the enjoying of both short-term and long-term profits of us in the next years. And also thanks for your patience.

The deploying with the whole 12 wafers may take more than two weeks. But everything is progressing well and no exceptions happened. We will make more frequent updates when any new milestones are hit.

The excitement is killing me! Can we have our update a little bit early this week?

[And please let the message be: "ASICMiner has already started hashing..."!]
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
I got 69 shares, I would like to sell them if anyone wants to buy it. I was thinking maybe .5 or .4BTC per share.

PM me if you want to negotiate a price : >

friedcat won't recognize the sale anyhow. Just wait until the exchange is up and running.
newbie
Activity: 53
Merit: 0
I got 69 shares, I would like to sell them if anyone wants to buy it. I was thinking maybe .5 or .4BTC per share.

PM me if you want to negotiate a price : >
hero member
Activity: 658
Merit: 500
Framing is important, so let me ask it like this:
Freidcat, would you please post an brief note on what the current status of the project is and when the next milestone worth announcing will happen? Thanks!

What's the rush? Last update was 3 days ago:
https://bitcointalksearch.org/topic/m.1459790
Pretty much what I meant. No events that changed that update happened so its still accurate.
donator
Activity: 994
Merit: 1000
Framing is important, so let me ask it like this:
Freidcat, would you please post an brief note on what the current status of the project is and when the next milestone worth announcing will happen? Thanks!

What's the rush? Last update was 3 days ago:
https://bitcointalksearch.org/topic/m.1459790
newbie
Activity: 28
Merit: 0
Thanks for the confirmation email Friedcat, hope that chip production is going well.
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