Author

Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1300. (Read 3917515 times)

legendary
Activity: 2097
Merit: 1070
Is there any change in the status of the GLBSE information being released yet so we can start trading shares again ?

I'm interested in buying more as I now have more bitcoin available than I did prior to the GLBSE shutdown.
sr. member
Activity: 800
Merit: 250
What has to be done after the foundry process (packaging etc)? How long till the chips can start mining? Any idea?

This is an important question. Once we have the chips, we need a fully-working PCB to put them on, correct? What's the status on this, along with whatever else we need to get up and hashing?
full member
Activity: 177
Merit: 100
So why not we have the same level of transparency.

I think Friedcat keeps us well informed.... Avalon is basically stating the same as Friedcat did.... 30-50 days... it seems TSMC is moving a lot quicker with 1.2 Layers a day, but still ASICMINER should be mining well before any Avalon has been sent out, because we had a head start with production.

If the foundry keeps up 4 layers a week from now on, it means ASICMINEr should receive the chips just before Christmas, so we could theoretically (hopefully) have something online before the end of the year....hashing the first ASIC mined block ever

What has to be done after the foundry process (packaging etc)? How long till the chips can start mining? Any idea?
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
hero member
Activity: 868
Merit: 1000
So why not we have the same level of transparency.

I think Friedcat keeps us well informed.... Avalon is basically stating the same as Friedcat did.... 30-50 days... it seems TSMC is moving a lot quicker with 1.2 Layers a day, but still ASICMINER should be mining well before any Avalon has been sent out, because we had a head start with production.

If the foundry keeps up 4 layers a week from now on, it means ASICMINEr should receive the chips just before Christmas, so we could theoretically (hopefully) have something online before the end of the year....hashing the first ASIC mined block ever
donator
Activity: 1120
Merit: 1001
So why not we have the same level of transparency.
hero member
Activity: 868
Merit: 1000
donator
Activity: 1120
Merit: 1001

I know what I forgot to get at the store! More popcorn  Shit!

don't eat too much popcorn.
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
Gigavps received an updated list and Nastmining received the 1st version of its list with 98.15% of the shares accounted for

So it seems Nefario has been busy today  Grin


LOL,
So funny to read this nonsense about "shares"... read up on China Law guys.


Go away from this thread, 52 years old Hong Kong troller. I'm a private equity practitioner in China and a board member of ASICMINER, we have researched the law far more deeper than your "read-up-on" troll. The legalization is totally practicable and are in our plan.

P.S. You Hong Kong guys know nothing about the mainland now, and that's why nearly Hong Kong accent now are treated as a sign of loser in the Mainland investment industry. We just know that you Hong Kong guys don't know.

I know what I forgot to get at the store! More popcorn! Shit!
donator
Activity: 1120
Merit: 1001
Gigavps received an updated list and Nastmining received the 1st version of its list with 98.15% of the shares accounted for

So it seems Nefario has been busy today  Grin


LOL,
So funny to read this nonsense about "shares"... read up on China Law guys.


Go away from this thread, 52 years old Hong Kong troller. I'm a private equity practitioner in China and a board member of ASICMINER, we have researched the law far more deeper than your "read-up-on" troll. The legalization is totally practicable and are in our plan.

P.S. You Hong Kong guys know nothing about the mainland now, and that's why nearly Hong Kong accent now are treated as a sign of loser in the Mainland investment industry. We just know that you Hong Kong guys don't know.
donator
Activity: 994
Merit: 1000
LOL,
So funny to read this nonsense about "shares"... read up on China Law guys.
Care to elaborate?
full member
Activity: 196
Merit: 100
Gigavps received an updated list and Nastmining received the 1st version of its list with 98.15% of the shares accounted for

So it seems Nefario has been busy today  Grin


LOL,
So funny to read this nonsense about "shares"... read up on China Law guys.
hero member
Activity: 868
Merit: 1000
Gigavps received an updated list and Nastmining received the 1st version of its list with 98.15% of the shares accounted for

So it seems Nefario has been busy today  Grin
hero member
Activity: 752
Merit: 500
bitcoin hodler
I assume this second batch of 50TH/s be distributed amongst the shareholders? What is the status with Nefario?

I wonder this also
full member
Activity: 177
Merit: 100
Ohhh yes, it does. At least my confidence in the project strongly depends on the expected return on investment. The longer it takes to produce the ASICs, the lower the ROI and hence my confidence. Everyone knows, earlier "non-optimistic" estimations have not been met. Sorry, if I offended you, but as shares cannot be traded anyway at the moment, I believe its ok to give my honest opinion here without stepping on anyones feet. And please dont get me wrong. I still think this is a great project and people are doing a great job.

You are too short sighted and impatient. The importance of losing this first and most profitable window of opportunity is insignificant to the long term ROI. If you are on this only for short term profit, I'm sure someone here will buy you out.

"You are too short sighted and impatient." How do you know?
"The importance of losing this first and most profitable window of opportunity is insignificant to the long term ROI" Thats a pretty bold, unsubstantiated statement. How do you know?
legendary
Activity: 1270
Merit: 1000
To me this asic foundry sounds very strange place. If I would have had to guess I would presume you are using some ASIC technology where you don't touch the silicon layers but just the metal layers which there usually is some number just below 10 of them. The number of typical silicon layers is also a little bit less than 10, but I would guess you are not customizing them? So I have hard time understanding why the total number of layers is more than 9.

You were right if the chip would be an GATE-Array which uses prefabricated transistors or even  gates, but since ASICMINER is a ful custom ASIC the transistors have  processed as well. Regarding the number of layers you are missing the point, there are not only metal layers but also  some insulating layers between them, and maybe even the etching masks count as layers (i am not sure about  it) or temporary masks to protect some lower structures.
hero member
Activity: 868
Merit: 1000
I assume this second batch of 50TH/s be distributed amongst the shareholders? What is the status with Nefario?

According to the current business plan the 50 TH will be sold to customers
hero member
Activity: 560
Merit: 500
I assume this second batch of 50TH/s be distributed amongst the shareholders? What is the status with Nefario?
donator
Activity: 848
Merit: 1005
Update

By the way... when asicminer has ordered 29 layers, that means 29 asics at the end right? So you run 29 asics shortly after you received it. But how many asics does bfl get with their first batch?
We will run about 6TH/s after we received them, and another 6TH/s about 2-4 weeks later. The accurate hashrate depends on the yield rate and how well we push our chips to their limits.

And is another batch already ordered at the foundry or do you wait until you tested the previous? I only mean when it takes months for one order to fulfill it would mean a long waiting time until more asics will come.
We would wait the testing of the previous batch to order the second. The second batch would be 50TH/s or more, depending on the status of their production line in the first season of 2013.

I wonder... with over thousand shares... can one become a member in the board? The next assetlists are overdue so it shouldnt take long until my claims are proven.
As decided at the IPO time, one 5,000 shares to be a board member.

I apologize if this has been answered; what steps will be taking place in China, and what will be done elsewhere after shipping and customs clearance? Specifically, I would like to know about packaging, assembly, and self-mining.
For the first generation of products, all steps have been taking place and will happen in China. This including chips production, PCB production, slicing & packaging, assembly, and deploying, in different places though. For example, while the production is in where the foundries are, we have more freedom to choose a place with very inexpensive power source to do self-mining.

Friedcat, any updates? What does "had become quicker" mean? I know, you can also just rely on info provided by the foundry, but is "had become quicker" really it?? Seems similar to Nefario's schedule of providing share holder lists Smiley
There are 12 layers left, which means that the last financial week we progressed for 4 layers.
full member
Activity: 145
Merit: 100
Ohhh yes, it does. At least my confidence in the project strongly depends on the expected return on investment. The longer it takes to produce the ASICs, the lower the ROI and hence my confidence. Everyone knows, earlier "non-optimistic" estimations have not been met. Sorry, if I offended you, but as shares cannot be traded anyway at the moment, I believe its ok to give my honest opinion here without stepping on anyones feet. And please dont get me wrong. I still think this is a great project and people are doing a great job.

You are too short sighted and impatient. The importance of losing this first and most profitable window of opportunity is insignificant to the long term ROI. If you are on this only for short term profit, I'm sure someone here will buy you out.
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