NOTE: This is a repost from BTCman.com (link below)Too sleepy to briefly say something about the meaning:
1. On an ASIC BTCMAN mining machine project: we've already done a simple BITCOINTALK ANN (
https://bitcointalksearch.org/topic/eyes-to-the-horizon-a-bitcoin-asic-project-will-be-announced-in-june-213172 ) Currently, because of legal issues, BTCGARDEN aspects of the IPO itself will only consider temporarily shelved or future international operations, but the mining machine will start as soon as the retail sector, you can focus
www.btcgarden.com , specific information will be BTCMAN forum, bit people Microblogging
http://weibo.com/btcman, TALK forum post-post, and BTCGARDEN on release.
2. On technology: Our mining machine from the chip level, has been to the system level, all for self-development, team principal technical staff from the Chinese Academy of Sciences a few clinics INTEL, NVIDIA's ASIC senior experts. Specific technical parameters will be released later. Or posted in reference to the above outlined ANN. For all the DIY team, the stability of the machine, the chip supply chain, sales, delivery speed, upgrade advantage is self-evident.
3. On the reservation and sale: As of now, BTCGARDEN project cash flow sufficient to withhold require prepayment or scheduled payments support, release the main purpose is to promote the message, we will maximize the use of spot transactions, rather than in the foreseeable future Reservations. Of course, if the whole network operator appears 7-8 months soared other force than expected, we accelerate progress in order to expand the scale and may also take pre-sale, etc. - but the earliest pre-dates not from the date of shipment more than 50 days. Currently, the mining machine finished fastest time is to be expected from August to September. Not for sale, then the order will be shipped to consider some of the weighting factors, such as: BTCMAN Fellow, BTCSEA large volume users will certainly priority delivery.
4. On Q & A: Up to now, we have received about BTCGARDEN ASIC issues related to the mining machine, I will soon be made in the form of Q & A in the update posted in this thread, members will try to reply to the question, if you have any related needs, do not open another post, please use the thread under way in this thread to reply, I will reply as soon as possible. Please note: only welcome serious issues related to all Pengci, disinformation, took the opportunity to advertise reply, all permanent ban ID.
The updated Q & A:
Q: how pricing ah? Will sell expensive? A: This is a pseudo-problem, or the expensive price of the product is based on the market to decide whether, at any time, consumer products than expected subjective feel "expensive", there is a means of checks and balances --- can not buy. Of course, at this stage, the two brands of domestic products have been granted but the price ridiculously low prices abroad several brands but the basics are futures, we might be a reasonable price, physical delivery, brand perfect first home.
Q: Do you model specifically what will be? Room to sell shares to sell calculate force, or sell the mining machine. A: Because the legal issues, the domestic market may only sell the mining machine. International markets may consider IPO, may at any time attention.
Q: What about the mining machine specifications? Several vendors now Which is the most reliable? A: Veneer probably 16G, so the mining machine should have 50G, 100G, 200G and other several options, we have a generation of mining machine may be installed flat panel displays, and thus from the PC autonomous mining, fool of operation. Several of the current ASIC manufacturer, personal point of view as follows:
KNC: most do not fly. Actually, no matter what products to buy, buy before you do a bit of understanding of the field, and then pass through the
brain to think about, is the most basic needs.
BFL: To date still is an industry first, the amount of the highest order, but things seem to be getting funny (even in the same price today, the case
of self-1500G of the mining machine into a 500G). Overall, though notorious, but better than some of the KNC still fly. From a technical point of
view, there have been very serious butterfly short board, the industry's first seat of the future is almost certain to be replaced.
BITFURY: current information, the technology is good. Business plan is also doing good. But they approach being taken completely out of the
mainstream IC industry model, risky, the failure rate is high, the probability of delay is bounced 100%.
Relying on many AVALON chip team: not unfortunately have to say. Basically similar to the open stuffing dumpling shop, but he did not only
responsible for homemade dumpling skin, filling completely rely on the introduction of the supply, apply the netizen's words: "12-person team, two
techniques." Remaining group of executives, managers, partners I do not know what is mainly responsible.
In fact, currency Bitcoin as a new area of freedom, in business there are a new set of model, the current mix many angel investors do not
come in also for this reason: that is, unable to adapt to the modern business thinking bitcoin, as more Eupolyphaga TV shopping showy style that
set, or
come away. BTC now know how to play are smart people, to flicker, a little premature.
ASICMINER: for some reason, they will not have public comment.
AVALON: the world's first one ASIC team, no matter what the current credit crisis hit (selling customer watermelon, eat watermelon own tip on the
grounds that help customers taste sweet and not sweet approach does not agree), or rely on than a butterfly spectrum.
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