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Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 1301. (Read 3917058 times)

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.
full member
Activity: 177
Merit: 100
They are at the stage of wafer-process, which is the last one before slicing and packaging, and is the most time-consuming. They have finished 13 layers out of the total 29, and there are 16 layers to go. The speed was originally very low (1-2 layers a week), and had become quicker in recent weeks.

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

Anyway, so how I see it we have this very unpredictable foundry process which will hopefully be finalized in december. What happens after that? Can you give us an estimate of how long it will take after the foundry till you can start mining?

Typically at a fab you have multiple customers having their orders processed simultaneously. Some stages of the process do not require immediate processing after the previous stage, some stages can be processed in parallel.

Also, some customers pay for faster service and cut ahead of you in line.

As far as I can tell, Friedcat is basically saying his order is getting more processing time than it was previously because its nearing completion and there are no high priority jobs ahead of him.

Thanks for your reply, but that's all speculation. Hard facts would help all of us to recover some confidence in this project. And btw friedcat said it's not even half completed (13 layers out of the total 29). Let's not even euphemize the litte solid info we have.

What do you mean recover some confidence? The chips are at the foundry.... how fast or slow they are being produced says nothing about the confidence in the project....

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.
hero member
Activity: 868
Merit: 1000
They are at the stage of wafer-process, which is the last one before slicing and packaging, and is the most time-consuming. They have finished 13 layers out of the total 29, and there are 16 layers to go. The speed was originally very low (1-2 layers a week), and had become quicker in recent weeks.

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

Anyway, so how I see it we have this very unpredictable foundry process which will hopefully be finalized in december. What happens after that? Can you give us an estimate of how long it will take after the foundry till you can start mining?

Typically at a fab you have multiple customers having their orders processed simultaneously. Some stages of the process do not require immediate processing after the previous stage, some stages can be processed in parallel.

Also, some customers pay for faster service and cut ahead of you in line.

As far as I can tell, Friedcat is basically saying his order is getting more processing time than it was previously because its nearing completion and there are no high priority jobs ahead of him.

Thanks for your reply, but that's all speculation. Hard facts would help all of us to recover some confidence in this project. And btw friedcat said it's not even half completed (13 layers out of the total 29). Let's not even euphemize the litte solid info we have.

What do you mean recover some confidence? The chips are at the foundry.... how fast or slow they are being produced says nothing about the confidence in the project....
full member
Activity: 177
Merit: 100
They are at the stage of wafer-process, which is the last one before slicing and packaging, and is the most time-consuming. They have finished 13 layers out of the total 29, and there are 16 layers to go. The speed was originally very low (1-2 layers a week), and had become quicker in recent weeks.

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

Anyway, so how I see it we have this very unpredictable foundry process which will hopefully be finalized in december. What happens after that? Can you give us an estimate of how long it will take after the foundry till you can start mining?

Typically at a fab you have multiple customers having their orders processed simultaneously. Some stages of the process do not require immediate processing after the previous stage, some stages can be processed in parallel.

Also, some customers pay for faster service and cut ahead of you in line.

As far as I can tell, Friedcat is basically saying his order is getting more processing time than it was previously because its nearing completion and there are no high priority jobs ahead of him.

Thanks for your reply, but that's all speculation. Hard facts would help all of us to recover some confidence in this project. And btw friedcat said it's not even half completed (13 layers out of the total 29). Let's not even euphemize the litte solid info we have.
legendary
Activity: 1162
Merit: 1000
DiabloMiner author
They are at the stage of wafer-process, which is the last one before slicing and packaging, and is the most time-consuming. They have finished 13 layers out of the total 29, and there are 16 layers to go. The speed was originally very low (1-2 layers a week), and had become quicker in recent weeks.

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

Anyway, so how I see it we have this very unpredictable foundry process which will hopefully be finalized in december. What happens after that? Can you give us an estimate of how long it will take after the foundry till you can start mining?

Typically at a fab you have multiple customers having their orders processed simultaneously. Some stages of the process do not require immediate processing after the previous stage, some stages can be processed in parallel.

Also, some customers pay for faster service and cut ahead of you in line.

As far as I can tell, Friedcat is basically saying his order is getting more processing time than it was previously because its nearing completion and there are no high priority jobs ahead of him.
full member
Activity: 177
Merit: 100
They are at the stage of wafer-process, which is the last one before slicing and packaging, and is the most time-consuming. They have finished 13 layers out of the total 29, and there are 16 layers to go. The speed was originally very low (1-2 layers a week), and had become quicker in recent weeks.

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

Anyway, so how I see it we have this very unpredictable foundry process which will hopefully be finalized in december. What happens after that? Can you give us an estimate of how long it will take after the foundry till you can start mining?
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
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.
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
But it looks like bfl will beat asicminer with the time of having asics ready to work.
[...]
bfl get their asics on decembre the 11th.

Sometimes I wonder if you actually live on this planet. They should make a reality show based on your everyday life, I'd watch.

So what exactly is wrong? The last thing about their asics i read was that they get them in the week of decembre the 11th: https://forums.butterflylabs.com/bfl-forum-miscellaneous/437-asic-update-26-november-2012-a.html

You have other infos?


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?


Layers is something entirely different to quantity.  Think of each IC as being made up by printing 29 seperate layers of circuits on top of each other (yeah, I know that's a crude description of it) - so 29 seperate runs of a manufacturing process.  By the sounds of it the runs for ASICMINER are being done in between other jobs that the foundry rates as more important to them (likely because they're much bigger and/or regular customers).

If the 29 referred to completed ICs then there'd already be half finished and usable.

Thanks for explaination.
hero member
Activity: 756
Merit: 522
But it looks like bfl will beat asicminer with the time of having asics ready to work.
[...]
bfl get their asics on decembre the 11th.

Sometimes I wonder if you actually live on this planet. They should make a reality show based on your everyday life, I'd watch.
hero member
Activity: 532
Merit: 500

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?


Layers is something entirely different to quantity.  Think of each IC as being made up by printing 29 seperate layers of circuits on top of each other (yeah, I know that's a crude description of it) - so 29 seperate runs of a manufacturing process.  By the sounds of it the runs for ASICMINER are being done in between other jobs that the foundry rates as more important to them (likely because they're much bigger and/or regular customers).

If the 29 referred to completed ICs then there'd already be half finished and usable.
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