Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 149. (Read 3917058 times)

BE200 was supposed to be <0.2W/GHs because we planned that it has some large room of downvoltage. However most room was
eaten by the mistake we made in chip and package design.

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.

Exactly the opposition I think.

Lmfao

Of course.  That happens alot though unfortunately.  I just hope that they don't pull a MtGox

Sorry folks,

FC talks and we crash 

Working to bring it back up...

and havelock crashes.

Huh, interesting: Initially the low-power-mode of gen 3 (BE200) was supposed to be <0.2W/GHs, now the planned efficiency is only 0.225W/GHs with the BE300s... How come?
When will the first physical chips be tested, when will we get to know if the power consumption is fine?

Thanks a lot for the update, friedcat!

Fried Cat

Please comment on when share holders can expect dividends and what the companies current financials are. It sounds bad. We might not get dividends until after new chips deploy in 2015 and again that's a maybe.

Please also comment on whether you or other owners are taking a salary from operations or if your only return is from dividends?

It looks like good news, at least AM isn't declaring bankruptcy like some other mining companies.

Well, it is an update after all

You took that as good news 

Excellent to hear!

Thank you for the update!   

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.

Actually, the dividend is not up to FC only, which is the theory one, and we make the daily payment , people will find the problem very quickly if there were.
We will release more infos of AMHash and let people trust us!!! Though FC didn't say too much, but he did a lots of things for ASICminer, no dividends not means they keep in their pocket, company need capital for reinvestment on chips and now products.

Huh, always mesmerizing to see how a few words spoken by the right person can influence AM's price on Havelock... Wow!

Any chance you cooperate on the IR level?! ^^

I think you are misunderstanding AMHash. As an AM shareholder it makes no difference to you whether the divs and share price of AMHash tanks over time because AM won't be receiving divs from AMHash (if all the shares get sold), just like AM don't get any BTC from customers mining with Tubes and Prismas. What AM gets is the up front purchase cost of the miners or the costs of the shares in the case of AMHash.

So, people buy the AMHash shares now, AM gets that money now (only from the initial sale of a share) and the people who bought the AMHash shares get the BTC mined by their 1 Gh/s shares until they sell them.

Actually,I'm always have good relationship with AM,the reason I started RM was that AM was planning to be an ASIC chips company.But you know,things were not as good as we thought. RM now are going to cooperate with AM in many parts,such as marketing,sales,R&D...etc.More details will come out later.

@rockxie

Are you still involved with AM and AM sales?  Or did you leave AM to focus 100% on Rockminer?

Alright thank you man.