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We will see 16nm and 14nm chips in 2015! Not later.
16nm propably. 14nm propably not. Only Intel and Samsung are ready with 14nm. But they wil not produce for small asic company (extremly high costs). TSMC is ready with 16nm but they are so busy with 20nm Apple CPUs that they will start mass production on 16nm in Q2'15. Bitcoin miners don't qualify for mass production so having a couple of wafers available for this wouldn't surprise me. While right now the mining ecosystem is a bit boring I think we have some interesting times ahead. |
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Is that what you would do? Or are you trying to incite others to commit an offence? You're a ball hair away from getting yourself into trouble with posts like that you nasty piece of work and the Feds are watching closely.
Go scam someone else! |
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Lol you obviously don't understand hardware at all do you? My point was, only mobile processors / applications are using 16nm technology currently. Also, you're argument for Nvidia going to 16nm is flawed at best. First off, they are over a year out, second, they recently switched to Maxwell technology, that allows them to use about 50% less power than older models.
My point is, NO ONE has produced an efficient 14nm or 16nm process (like CPU / GPU processor yet 5volts to 9volt power). The reason is, the transistors are so close together on the wafer, it causes extensive heat, they literally melt the silicon between the transistors. This is why Intel's 14nm tech has been in development for so long. They are trying now to solve it by printing in 3 dimensions (more space between transistors for cooling) buts its going to be another 6 months to a year, and Intel isn't going to share there process for 2 more years.
Obviously you have no understanding or clue what is involved. You say the ASICS can benefit from low voltage, while that is true, they can't achieve the same type of processing potential running on 2volts the same way they can on 5volts. Its simply physics and I'm sorry if I'm talking above your head. Am I saying its impossible, absolutely not, but they technology they are working on is cutting edge. If you think that butterfly labs had issues with 20nm process, just wait for CoinTerra trying to do this on the 16nm level.
Come revisit this threat in March of next year and will see how spot on the hardware issues are as they miss deadline after deadline. In his defense I can say that he clearly understands hardware since he is an investor in Cointerra. From you post I can see that YOU don't understand hardware. Bitcoin mining can't be compared to CPU or GPU. It's just a simple thing that can be paralleled very easy on the chip and it doesn't operate at such volts that you mentioned. You are comparing apples to oranges. And this is coming just from me who learned all this stuff about chips from wikipedia and this forum. We will see 16nm and 14nm chips in 2015! Not later. |
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So many letters, guys... What about HashFast?  HashFail! HF is dead. Nothing to hear about. Facts are facts no matter what any judge will say. The company that got the "fastest" chip went bankrupt faster than any other company, didn't deliver one full batch of miners and managed to spend all the money from 4 batches of miners on chips and tricks. Did I miss something? |
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So what happened with our scammer friend Ken Slaughter?
He made off with thousands of our bitcoin? I thought this was common knowledge. He has much better lawyers than we can afford, I doubt he'll ever get a slap on the wrist. Well I thought there is a MSD investigation. Why not complain to FTC? Since everyone knows his whereabouts I'm surprised that nobody hired a thug to beat the crap out of him... |
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But I still want to know how things went and I don't have that much free time to go through all court files. So HF raised money for 4 Batches, bought a lot of chips and PCB/components and they delivered only part of B1 right? Was the first batch fully delivered? If not what was the held up since they already had a working PCB? Also the bankruptcy was filled in May. Wtf was HF doing until May? Nothing?
They spent all that time trying to get their "dud" of a board working. They eeked out enough refunds and working boards to finish up batch-1 end of March. But but...I thought they had a back-up plan. HF hired two or three board designers, in case one of them failed. If they hadn't, the miners would have shipped even later than they already did. So two or three (how come icetard doesn't know the real number) board designers failed for more than 3 months? If I were HF in February I would have sent free sample chips and documentation to all board designers from this forum to help me get a damn board faster. If the fact that HF needed 4 full months to get a damn PCB working isn't a sign of pure incompetence then I don't know what it is. This and the fact they they had so much power concentrated in such a small area are their 2 biggest fails. This is live bitcoin mining manufacturer history for me. I want to have plenty of stuff to share with my nephews so that's why I'm trying to get things straight. |
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Gotcha  HF claimed to have ordered enough wafers to fulfill all of B2 and B1's MPP when they originally placed the B2 order. To clarify, their first wafer order was to cover B1 and all of the private sales. Order #2 from the foundry was for all of B2 and the MPP required for B1. This is probably the likely truth if one considers the abundance of chips and wafers on hand at time of CH7/11 bankruptcy proceedings. Thank you for the details. So by this logic it means that when they made order #2 they already knew that they had to deliver B1 MPP. That didn't stopped them to open pre-orders for B3 and B4 for which they had no chips available. It means that they either hoped that the orders will not stop or it was a pure lie that they can deliver B3 and B4. Is that correct? Personally I don't think anything he knows is worth learning, but that's your choice. As per raising more than $10M, my take is that they thought they were infallible. Ordered a lot of chips, ordered a lot of boards, paid themselves handsomely on the premise that they had this all on lock down. Reality came along and they were screwed because they were too arrogant. iCEBREAKER's "adverse business conditions" can be taken as an eloquent way of saying the whole management team were a bunch of incompetent monkeys.
Careful now. You don't want icetard to come and repeat for the 100 time that the incompetence didn't held up in court  But I still want to know how things went and I don't have that much free time to go through all court files. So HF raised money for 4 Batches, bought a lot of chips and PCB/components and they delivered only part of B1 right? Was the first batch fully delivered? If not what was the held up since they already had a working PCB? Also the bankruptcy was filled in May. Wtf was HF doing until May? Nothing? |
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http://youtu.be/Hbf2bQcByQEWatch away. I figure Gleb will repost here his great treatment and review on Joshua Zipkin's.....interview. Feel free to post some feedback in the video. This video is funny as hell. His answers are pure comedy gold. Amazing fail CEO! |
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Here is another question. If HF spent all the money on chips and on PCB with what money were they supposed to build the MPP?
First, why are you even wasting your time arguing with that idiot? Second, read what you wrote there. Read it twice if you need to and think about what you're even trying to ask. Unless, like iCEBREAKER, I too am an idiot and you meant this to be rhetorical. My mistake there. I wanted to say that HF spent all the money for all 4 batches and not for MPP. I assume that they thought they will be on target and they didn't spend money for MPP PCBs. So from the money they took for pre-orders which is 100% let's say they spent 50% on chips and 50% on PCBs only for the 4 batches. I refuse to believe that they were THAT stupid to spend their money on MPP PCBs too. I am spending time with him to learn how things work and how can someone who raised more than $10M in pre-orders can make all the money vanish while not being able to ship even the first batch of miners. |
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Hello,
Can you advise how can i get the refund? AMT are ignoring my emails....
Go to court because scammer Joshua Zipkin will not refund you! |
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Pfft, shows what you know (IE very little). First of all, you *CAN* prove incompetence. The US Attorney tried to, but was laughed out of court! There is a well developed body of exacting legal standards and tests for incompetence. HF met none of them, so your pedestrian opinions are debunked. As I said. Since there was a contractor designated to do the PCB there is no incompetence on HF side. If HF tried to design the PCB then it could have been some negligence, but with a contractor I don't see how it would be possible to blame HF for the fuck up. Please tell me which law punishes a company for spending all their money on inventory assets. I don't think there is one and for me it looks like HF did that. Here is another question. If HF spent all the money on chips and on PCB with what money were they supposed to build the MPP? |
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So alan2here you want to use BitStamp services, but you can't follow their terms. Go ahead and close your BitStamp account and trade your bitcoins elsewhere. BitStamp isn't required to please you and it's not a human right. You like them, you use them. You don't like them, you don't use them. What's the problem? Why is BitStamp required to follow YOUR rules, instead of theirs? Why are you so special?
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Courts punish people for gross negligence. Does that apply here?
Don't think so. Negligence would apply if they were the ones doing the PCB, but since it was a contractor that failed HF can't be held account for others failures. |
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The only reason you reject the court's expertise in this matter is because it reached conclusions with which you disagree.[/b]
You can't prove in a court that someone was stupid or incompetent because there is no law that punishes people for being stupid. You keep bringing the court argument because it's your only escape. I want to know how were all the money spent. HF had money for 4 batches of miners and all they had in the end were bare chips. I want to know how much % were spent on chips, how much on PCB and how much for chip IP. |
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i was also a BFL customer and I'm still fcking pissed. BFL shutdown does not do justice for me. I want Josh, Sonny, Jody, Nassier ...etc, go to jail and asset seized.
I say 2 outta 5 is a given. Why not Josh too? Wasn't him the main voice in relation with customers? And the one that was lying about delivery dates every time he had the chance? Isn't that a crime? |
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Hey RS, that's some great 20/20 hindsight you have there. You should be a professional Monday Morning Quarterback with such a skill.  Not all the PCBs failed, so the back-up plan worked although of course it took longer than an initial success would have. What exactly was the back-up plan? Because I don't get it from your statement and you already said that they didn't have any money left which means they sunk ALL 4 batches pre-orders money into chips and PCBs. As I've already explained, giving out raw chips wasn't a viable option until Peppermining and others could do something with them. Please try to keep up. How did Peppermining appeared? Were they helped by HF? If yes why didn't they do it earlier? At that moment there were already a couple of third-party PCB developers. Why didn't HF collaborated with any of them? Nobody said we are in court and not in a public forum. Good job stating the obvious, as if anyone had disputed that.  Nonetheless, a court is an ideal mechanism intentionally designed to thoroughly test propositions such as "HF is a scam/incompetent." The only reason you reject the court's expertise in this matter is because it reached conclusions with which you disagree.I stated that we are not in court because you keep bringing court excuses. As I previously said there is no law that forces companies to have a back-up plan. There is no law that punishes retard business decisions like sinking all money into raw chips and a single PCB contractor without any back-up plan. There is no law that is stopping companies to spend money on whatever they choose. So bringing court arguments here is simply stupid because there is simply no case for being a stupid business owner. I wonder what kind of contract did HF have with the PCB contractor. It seems there was no clause in case of failure which is again a very retarded business decision. Let met tell you an analogy. I want to open a restaurant and I raise money from investors. I rent the space, I decorate it and I buy the stuff needed for the kitchen. With ALL that's left I buy food and I hire a guy to start cooking and I open the restaurant. The guy fucks up the food and I'm out of money and out of customers and out of options. I declare bankruptcy and there is no law that can punish me for this. This is what happened to HF too. Stupid business decisions. Even AMT is still in business after all their fuck ups while HF is on just a spectator now. |
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Isn't buying otc more expensive? Why would anyone do that just to keep the exchange rate low? What's the gain?
Correct, OTC is more expensive. People usually buy from the exchanges to sell OTC. Or, they find a OTC miner that can sell below bitstamp then they turn around and sell to retail buyers OTC (rather than making a tiny % selling on exchange). Why would a miner sell below regular price? That doesn't make sense. Bitcoin the "protocol/technology" in your analogy would be tcp/ip. To my knowledge, no one made a fortune buying "shares of internet."
I am sure many ISP provides made good money selling Internet to the people... |
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"Find a logic?" What would we do without Gyrsur trying to get in his bitchy little digs for no good reason? MPP was delayed because HF could only test chips and build boards so fast due to logistical/financial constraints, and shipping Batch 2,3,4 was the priority. Meanwhile, raw chips became a viable option as Peppermining and others set up parallel board assembly operations. So HF cashed in money for 4 batches and they spent it all on chips and on failed PCBs? ALL? Really??? What was their backup plan in case something goes wrong? Also if HF had the chips all the time why didn't they converted MPP to raw chips when they realized that putting chips on boards will not be possible due to financial constraints? That is bad intended and also another fail. Don't put words in my mouth buddy. Are you too illiterate to be familiar with the phrase "The best-laid plans of mice and men often go awry?"
The court rejected your tired old charge of incompetence, because HF is not responsible for adverse business conditions. Stop with the court bullshit. We are not in court here. We are on a public forum and it's more than obvious that spending all 4 batches money on chips and on failed PCB without a back-up plan was the most retarded thing ever. Of course there is no law that prevents people from being stupid and there is no law that obligates companies to always have a back-up plan in case their main fails. But the reality is that they had no idea how to manage the shitload of cash that landed in their pockets. Even BFL who shit on so many customers lasted longer than this joke of a company who only knows how to spend money without having a back-up plan. |
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obviously they are basically being very cautious now.
Why would they be if they have identified the problem and fixed it? |
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Also, that cryptonews article is a complete joke. Here's a sample from it:<snip>
SP20 = 1190 / 1700 = 0.7 USD/G
AM Prisma = (1.39 * 353) / 1400 = 491 / 1400 = 0.35 USD/G
Guy: We do take pre-orders for the 2nd gen, but we 100% we’ll deliver on time and on spec.
Spondoolies SP30 was not on spec at all, what's Guy talking about? Also, their simulated specs for their gen 3 ASICS are on par with AMs gen 4, 0.34 J/Gh at the ASIC level. SP taped-out a month later though and will get their chips for testing a month later too.
Mabsark in your blinded AM shareholder view you aren't even paying attention to the article. While it says that it was updated in October the article was published a very long time ago, in May if I remember correctly. How can you compare the SP20 with the AM Prisma when Guy clearly says that they are taking pre-orders for 2nd gen!!! At that the the 0.69$/GH was the best price available. The fact that it didn't materialized it's another story, but it was the best price available at that time. |
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