Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It - page 324. (Read 3917468 times)

Dividends are expected to be next month then. Did I understand it correctly?

Current Network Stats : Speed 81.60 PH/s


Sweet.Mother.Of.God 

OK guys, there are our dividends, I told you ! So far the best update ever, thank you Friedcat for taking the time, me personally, I am amazed by this.

+∞ on this!

Is it too soon to start speculating if Gen5 will be under 20nm?

Awesome. Thx FC! Never doubted you

edit: LMAO actual network hashrate is about 80PH. AM already has 60PH of wafers in inventory (& not even considering june's batch)...
Who said there will be no doubling the hashrate??
FLOOOOD COMING

Thanks for these answers friedcat!!

Brief Answers to Shareholder Questions

First of all, we would like to explain the situation we had in this May. The sales of chips mainly happened before May, while the ramp-up speed of chip sales slowed down mainly because of the lack of flexible whole-device solutions (having features of easy transportation, widely available components, etc) from our customers (device producers). As dedicated projects on improving the design of BE200-based devices we believe we will see much better sales because the room for hash rate growth is still huge and our cost in terms of $/G is highly competitive.

The other point we would like to address is that we are not cooperating with any mining device producers other than in the forms of simple buyer-seller relationship. Nor we hold shares of any other device producers. Our pricing strategy was discussed in the board before, which targets low margin large quantity instead of high margin small quantity because: 1) If both device producers and miners can have real profit after risk premium we will develop reliable consumer of chips in the long time. 2) It alleviates the problem of many potential purchasers waste time waiting for future price adjustments. 3) Higher quantity of orders in this generation leads to much more support from the fab with respect to all future generations of chips.

A little less than 60P of wafers, most of which are on their final stages of production. The materials consist mainly of lead frames for packaging. The mask is re-usable for years if there are continuing demands for the corresponding wafers.

Depending on the Bitcoin price. Under this price we expect it to be 1-1.5.

It represent the order we already placed and paid for. There still are forecast plans for June we haven't paid for. They may be cancelled or delayed to later months according to how fast customers can turn Bitcoin chips to hashing power.

When the cash-flow becomes positive. After we decide to put significant quantity of chips on ASICMiner owned farms it should be per week. Before that, per month.

All shipped chips are gen 3.0 ones. What we had chosen for 3.1 helps with energy usage at 10% range and has some performance degrades. The final chip performance number is about 0.7W/G at 0.78V and 320MHz. Below that voltage we have less power draw and less speed.

It is 28nm and has two major improvements: the first one is to fix the design errors we had with 40nm (which made our silicon data two times worse than simulated data). We believe that 0.35W/G at rated speed of 400MHz would be achievable in 40nm if no mistakes were made before. The second one is the technology improvement from 40nm to 28nm in terms of density, speed and power.

We are on the stage of evaluating the final design choices by running the physical design flow on different settings.

We will report the more detailed status to the board first. The short answer is that deploying and financing is easy while getting cheap electricity and proper device solution takes time. When we have farms running we can update the related information with real time hash rate.

It is still actual. The condition in May is not a part of the plan. When we were forecasted permissively about this summer's production power of the fab, we ordered as many wafers as we could to prevent the bottleneck with wafer production.

About 0.5$/G for sold chips.

Exchanged to USD.

There are no orders dedicated to cost in the short time. So it's 1:0.

Although the cost of making could be estimated by companies with experience on fabricating chips of high-end technology nodes, we
would rather retain the accurate price per chip from the public.

The conversion time itself is fast and should not be the main stagnation of the time frame.

Both. 1/3 as forecasted.

Yes. But that should be when we replace the farm with BE200 based devices, otherwise it is no point considering the 0.12-0.15$/kwh electricity price we get for our old farms.

When we are sure we get a good solution for the lack of communication we will announce.

There will be at least two generations ahead. If future Bitcoin market cap allows there can be more. As we are keeping the chip design capability to grow with state-of-the-art technology as well as good channels with fabrication we can be flexible in terms of business mode be it chip-based or device-based.

My recent transfer took approx 12 hours, maybe I was lucky to catch Friedat online, if your transfer is not resolved after 14 days, double check if you included all needed info (send from registered mail, signed address, recipients, number of shares etc), and after double-triple check contact Jutarul, he'll forward your request in the next board meeting. Your mails could be in spam folders.

That quote is from Havelock.  What if the direct shares are not Havelock based?

That's how it was commonly done before, when divs were regulary paid on wednesday.

I thought you'd be enjoying that!

Can't believe I actually missed that, thanks for that! That's big news.

this: http://video.cnbc.com/gallery/?video=3000281677

eBay news? What am I missing here?..

I'll ask again since stuff gets lost quick in this thread.  Anyone know when direct shares will be transferred?

yeah - in conjunction with the Ebay news 

Everyone just calm down and wait for these answers. Someone call me when it happens I want to wake up and see the share prices have tripled on havelock lol wouldn't that be nice

I was simply answering your question. I wasn't asking or expecting anyone to do it.

+1, thank you for this information dadj, ffs give the man a break and be thankful for any piece of information in this thread

looking forward for answers

the meeting may be happening then but whether the results of the meeting will be kindly typed up and posted here straight away is another matter!
 
(fingers crossed and pretty please..)

3 pm UTC? Meh.. please reschedule!