Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 146. (Read 3917058 times)

Have any dividends been paid?... NO!

So quit getting all moist and patting each other on the ass cause nothing has changed

Have any dividends been paid?... NO!

So quit getting all moist and patting each other on the ass cause nothing has changed

Yawn.

https://www.cryptocoinsnews.com/guy-corem-ceo-spondoolies-tech-speaks-miners-future-mining/

That is an excellent timetable. With the faster specs will heat be more of a problem?‏

Guy:  No‏, it’ll have the same package and thermal as the 2nd gen‏ but at a much higher hash-rate an much reduced cost ‏
It’s a design to compete and win in the 1,000 PH/s era (2015)‏ We want to be able to offer 0.2$/GHs solution to our customers with 0.1W/GHs. We are not there yet, but I’m confident in our team ability to achieve it‏ on 28nm.

Update

Development
The 28nm BE300 engineering batch tapeout was in September 16 with TSMC.
The power efficiency is 0.225W/G to 0.343W/G ranging from core voltage of 0.55V
to 0.70V. The two main mistakes made in BE200 were dedicatedly addressed and
avoided in the whole design stage so we do not expect surprise in frequency and
power consumption in real products.

14nm/16nm projects are at pre-evaluation and pre-design stage. It has to be done
in 2015 but the starting time of placing orders depends on overall gain vs (NRE/R&D/risks).

Led by Block Erupter Prisma, a series of efforts to reduce component-wise
cost and system-wise power efficiency were made.

Production
As known by OEM producers, several large batches of BE200 had problems with
popping chips affecting whole boards due to the misoperation from the packaging
company. It hindered afterwards chip sales and delayed the starting time of
Tube/Prisma sales. Later supply of BE200 has no such problem and filtering process
on old BE200 is also underway.

Because of the non-open-source status of Prisma and high cost of all other designs, BE200
sales were stopped. Rest BE200 chips will likely be consumed by Prisma and succeeding revises.

The mass production time of BE300 in terms of chip-out date is February to March, 2015.

Operation
As sales were seriously hindered by unexpected yield issue of BE200, we had missed many
dates with financing the big mining farm of our own. It is still hopeful that all good BE200
will be turned to hashrate before too late and we have liquid profits again before BE300, but
from the big picture, the missing of target on BE200, the mis-judgment on OEMs and later
yield/financing problem, limited our expansion and profit in this year. But luckily R&D on later
products is not much affected.

AM will continue to develop new products, expand its mining farms, deliver machines to miners,
as well as make money for shareholders.

There is no any foreseeable plan from AM side on force buy-back, dumping, or any
activities on the open stock market. There is no plan of privatization either. The management,
R&D, sales as well as marketing is being more and more separated and dedicated to professionals,
but the founders will continue to be heavily involved and drive AM in the more and more competitive
market. Scenarios of BE100 vs graphics card may never happen again, but we need catch
any opportunity on timing window of leads at either technology or deploying/financing resources
to win the last battle when mining is still an under-capitalized game.

Let me get this straight, Bitfurys estimate of 0.2 w/gh is 2-3 times better than AM's estimate of 0.22 w/gh?

And where did you hear Spondoolies was aiming for 0.1w/gh this year? (not that it matters as they miss more targets than AM)

I'd also love to know how you know that SPtech and Bitfury will have hardware 3 months earlier when taping out 1 month later than AM.

Fair enough, but fact remains that BF and SP are aiming at 2-3x better power efficiency (and ~3 months earlier time to market). Whether they can pull it off, time will tell, but that goes for AM as well.

Nonsense. Tubes went on sale on August 12 and chips were available months earlier. If AM would have just built miners instead of selling chips, Tubes would have been available a lot earlier.

Before BTC rise to 10k, I expect to see many mining companies bankrupt.

The same way Spoondoolies don't know yet.   Except Friedcat is honest, and is telling you he doesn't know, and providing the best estimates he can.   

3 Only if AM make profits,dividends is possible.

I'm not claiming it's about per chip hash rate, and claiming that there are a few factors which need to be considered, not just power efficiency.

You need to consider the hash rate, the power efficiency, the cost and the volume of the miner too.

So he says he doesnt know yet.

In so far its not yet the case today, it will be next year. Power consumption will be by far the most important factor. Not only directly as opex, but its also driving PCB and system costs. Asics themselves are cheap; DC voltage regulation, cooling etc are comparatively quite expensive and those costs scale with power (in)efficiency.


Per chip hashrate is meaningless. Particularly if you dont take in to account die size. Even if you do, it only affects silicon cost which is probably among the least important factors.


So he says he doesnt know yet.

It's not just about power efficiency.

Sure, competitors may have better power efficiency but what hash rate will those chips have? Look at Bitfury or Spondoolies 40nm ASICs and compare them to AMs gen 3. If those chips were overclocked to match the hash rate of AMs, what would happen to their power efficiency?

Here's what FC said on the issue:

If G3 failed why do we expect G4 to succeed? Both are just a lot of talk. It is just empty promises, lies, failings, then new promises, and new, different failings. Same cycle over and over again.

Honestly. It is very common in businesses and start-ups. People knock bitcoin stocks but the percentage is probably the same failure in real businesses and start-ups. Point being. AM's early success was an insane fluke that will never be repeated.

Gen 3 tape-out happened early February. Real world availability is only happening around now; ~8 months later.

Both bitfury and spondoolies expect their next gen 28nm miners this year, one with 0.2J/Gh (0.1J next year) the other 0.1J/GH at the wall. AM is aiming for 0.22-0.34J/GH (and that appears to be for the chip alone) at least one quarter later. Even if AM is on time and on spec for a change, I wouldnt get too excited if the network is pushing through 1EH by that time at todays exchange rate.

For BE300 in theory it is possible to get lower than 0.225W/GH by stressing the voltage down below 0.55V, but we do not have
solid simulation data yet, so let's see after the test chips are out.

December 16 is to be expected for us to get the chips. Testing time varies at 3-10 days since we had much more preparation work already done this time.