Well then, would you care to take a stab at why so many of these startup bitcoin ASIC companies cant get product out the door? Any why they want to sell chips?
Who goes out and spends millions on NRE for a 28nm ASIC with the intention to screw people over by not shipping product?
Make no mistake, I am in no way condoning the ignorance and incompetence that many of these companies exhibit. I have been screwed over by almost all on the list that I listed... which is how I have first hand knowledge of why each of them has had issues.!
Except BFL i think the other companies had good intentions, but bad knowledge or they just made the wrong decisions at the wrong time (AMT rushed to make 400 cases which later weren't useful, HashFail booked CIARA assembly time, if they really did it and not lied about it, without testing board design first, and so on). Remember that BFL's CEO is a convicted felon for mail scamming so i have no doubt that their intentions were bad from the start. On the other hand Avalon never had any problem getting products out of the door, they sold customers stuff to 3rd party buyers because they got greedy and also instead of shipping B2 Avalons they mined with them first for a period of time and then they shipped them.
The problem with the startup bitcoin ASIC companies is that they know that they can a lot of money from pre-orders and they don't think about the rest. They just want to grab a lot of money in very little time. The plan goes second i guess (see HF promising full BTC refunds only to get sales or the MPP).
Please tell me how were you screwed by KnC.
