SAC
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January 09, 2013, 04:45:57 AM |
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about their orders and their information being in the hands of a company which isn't based in the US.
Welcome to the club the rest of the world is not to thrilled with their data being co-opted into US hands.
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Clearfly
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January 09, 2013, 05:29:55 AM |
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Asian benefactors lol, is anyone else thinking Avalon bought him out?
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creativex
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January 09, 2013, 05:32:04 AM |
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Asian benefactors lol, is anyone else thinking Avalon bought him out? Did Avalon just buy bASIC?
No.
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Bogart
Legendary
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Activity: 966
Merit: 1000
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January 09, 2013, 05:45:46 AM |
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I'm thinking ASICMINER.
Sure, they have their own chips, but it will take over 200 of their chips to make a 72Gh/s device, but only 16 bASIC chips.
Plus if they haven't pulled the trigger on a full wafer maskset yet for high volume production of their own 130nm design, they could just save all that cost and instead buy the half finished 90nm bASIC chips, assuming they trust them to work.
Tom mentioned much earlier reaching an agreement to supply chips to a competitor. I think these are the same ppl who are now acquiring bASIC.
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"All safe deposit boxes in banks or financial institutions have been sealed... and may only be opened in the presence of an agent of the I.R.S." - President F.D. Roosevelt, 1933
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Clearfly
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January 09, 2013, 05:53:09 AM |
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I'm thinking ASICMINER.
Sure, they have their own chips, but it will take over 200 of their chips to make a 72Gh/s device, but only 16 bASIC chips.
Plus if they haven't pulled the trigger on a full wafer maskset yet for high volume production of their own 130nm design, they could just save all that cost and instead buy the half finished 90nm bASIC chips, assuming they trust them to work.
Tom mentioned much earlier reaching an agreement to supply chips to a competitor. I think these are the same ppl who are now acquiring bASIC.
Seems to make sense, and possibly why Tom's offering a hosting/investment solution instead.
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crazyates
Legendary
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Activity: 952
Merit: 1000
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January 09, 2013, 05:59:38 AM |
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I'm thinking ASICMINER.
Sure, they have their own chips, but it will take over 200 of their chips to make a 72Gh/s device, but only 16 bASIC chips.
Plus if they haven't pulled the trigger on a full wafer maskset yet for high volume production of their own 130nm design, they could just save all that cost and instead buy the half finished 90nm bASIC chips, assuming they trust them to work.
Tom mentioned much earlier reaching an agreement to supply chips to a competitor. I think these are the same ppl who are now acquiring bASIC.
Seems to make sense, and possibly why Tom's offering a hosting/investment solution instead. I thought Tom's hosting solution was located here in the United States? Why would an ASIAN company ship their product to USA just for hosting?
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repentance
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January 09, 2013, 06:02:59 AM |
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I'm thinking ASICMINER.
Sure, they have their own chips, but it will take over 200 of their chips to make a 72Gh/s device, but only 16 bASIC chips.
Plus if they haven't pulled the trigger on a full wafer maskset yet for high volume production of their own 130nm design, they could just save all that cost and instead buy the half finished 90nm bASIC chips, assuming they trust them to work.
Tom mentioned much earlier reaching an agreement to supply chips to a competitor. I think these are the same ppl who are now acquiring bASIC.
Nobody seems to know whether there even are any half finished 90 nm bASIC chips. Taking over bASIC would be a massive risk right now as a lot of people are wanting refunds on their pre-orders and it will likely require an injection of more capital to finish development of the bASIC units. Whoever takes over isn't even guaranteed those first batch sales because they can't predict how many people will cancel their orders.
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All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
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Phinnaeus Gage
Legendary
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Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
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January 09, 2013, 06:08:05 AM |
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I'm thinking ASICMINER.
Sure, they have their own chips, but it will take over 200 of their chips to make a 72Gh/s device, but only 16 bASIC chips.
Plus if they haven't pulled the trigger on a full wafer maskset yet for high volume production of their own 130nm design, they could just save all that cost and instead buy the half finished 90nm bASIC chips, assuming they trust them to work.
Tom mentioned much earlier reaching an agreement to supply chips to a competitor. I think these are the same ppl who are now acquiring bASIC.
Nobody seems to know whether there even are any half finished 90 nm bASIC chips. Taking over bASIC would be a massive risk right now as a lot of people are wanting refunds on their pre-orders and it will likely require an injection of more capital to finish development of the bASIC units. I'm goin' to go out on a limb here and echo what somebody else already stated, albeit with a Phinn twist. Tom woke with a hangover, looked in the mirror, saw squinted eyes, and said to himself, "Damn! I look Asian." Then went and penned the epic "Asian Benefactor" post. Then went back to bed. Then...
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Unacceptable
Legendary
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Activity: 2212
Merit: 1001
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January 09, 2013, 08:25:01 AM |
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Tom just sold bAsic
... to "an asian company". Um ... which one? I guess there's more than one company in this Asia Do not worry. These ASIAN benefactors will not let anyone down. EDIT: No seriously. This is hilarious. ASIAN benefactors. She'll whip those naughty ASIC's into shape
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"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole." -Raylan Givens Got GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan
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Phinnaeus Gage
Legendary
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Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
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January 09, 2013, 03:09:22 PM |
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Tom just sold bAsic
... to "an asian company". Um ... which one? I guess there's more than one company in this Asia Do not worry. These ASIAN benefactors will not let anyone down. EDIT: No seriously. This is hilarious. ASIAN benefactors. She'll whip those naughty ASIC's into shape
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Bogart
Legendary
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Activity: 966
Merit: 1000
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January 09, 2013, 04:08:28 PM |
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I'm thinking ASICMINER.
Sure, they have their own chips, but it will take over 200 of their chips to make a 72Gh/s device, but only 16 bASIC chips.
Plus if they haven't pulled the trigger on a full wafer maskset yet for high volume production of their own 130nm design, they could just save all that cost and instead buy the half finished 90nm bASIC chips, assuming they trust them to work.
Tom mentioned much earlier reaching an agreement to supply chips to a competitor. I think these are the same ppl who are now acquiring bASIC.
Nobody seems to know whether there even are any half finished 90 nm bASIC chips. We don't know, but maybe they do. Taking over bASIC would be a massive risk right now as a lot of people are wanting refunds on their pre-orders and it will likely require an injection of more capital to finish development of the bASIC units. Whoever takes over isn't even guaranteed those first batch sales because they can't predict how many people will cancel their orders.
In the short term, yes. However, for an entity with the financial wherewithal to ride out all the cancelations, if they can manage to complete development of the product and ship even a small handful of orders, once that happens, securing a massive flood of orders will not be a problem IMO. The real risk is in whether the chips work, if they have even been produced.
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"All safe deposit boxes in banks or financial institutions have been sealed... and may only be opened in the presence of an agent of the I.R.S." - President F.D. Roosevelt, 1933
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Bogart
Legendary
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Activity: 966
Merit: 1000
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January 09, 2013, 04:11:05 PM |
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I don't get it. Is the quote from a movie or something?
No, it's funny because Tom appears to have been emphasising the fact that the new "benefactors" are ASIAN in order to reassure people that they will be able to ensure that the bASICs will actually get built and shipped in March. Oh, yeah that is pretty funny.
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"All safe deposit boxes in banks or financial institutions have been sealed... and may only be opened in the presence of an agent of the I.R.S." - President F.D. Roosevelt, 1933
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RHA
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January 10, 2013, 12:13:25 PM |
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However, for an entity with the financial wherewithal to ride out all the cancelations, if they can manage to complete development of the product and ship even a small handful of orders, once that happens, securing a massive flood of orders will not be a problem IMO.
If they can manage to complete development of the product, they can set all unsold devices to mine for them, earning even more than selling them.
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Bogart
Legendary
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Activity: 966
Merit: 1000
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January 10, 2013, 12:41:27 PM |
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However, for an entity with the financial wherewithal to ride out all the cancelations, if they can manage to complete development of the product and ship even a small handful of orders, once that happens, securing a massive flood of orders will not be a problem IMO.
If they can manage to complete development of the product, they can set all unsold devices to mine for them, earning even more than selling them. I disagree. I think there's more money to be made in selling the devices, by far.
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"All safe deposit boxes in banks or financial institutions have been sealed... and may only be opened in the presence of an agent of the I.R.S." - President F.D. Roosevelt, 1933
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jamesg
VIP
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Activity: 1358
Merit: 1000
AKA: gigavps
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January 10, 2013, 12:42:54 PM |
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I disagree. I think there's more money to be made in selling the devices, by far.
+1
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makomk
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January 10, 2013, 02:15:15 PM |
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You know, I swear there was a comment here pointing out the lockdown at the BTCFPGA forums and suggesting people should arrange credit-card chargebacks where possible, and then when I refereshed the page it just... vanished.
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Quad XC6SLX150 Board: 860 MHash/s or so. SIGS ABOUT BUTTERFLY LABS ARE PAID ADS
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miter_myles
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January 10, 2013, 02:31:28 PM |
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You know, I swear there was a comment here pointing out the lockdown at the BTCFPGA forums and suggesting people should arrange credit-card chargebacks where possible, and then when I refereshed the page it just... vanished.
Yeah - it was mine, I removed it and put it on the more "current" bASIC thread.. trying to keep things all in one place.. seems like two threads are covering one topic At least one post of mine was removed from the bASIC forum since I wasn't agreeing with Tom's "please stay with us plea"... yet another classless move from a less than decent human being.
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BTC - 1D7g5395bs7idApTx1KTXrfDW7JUgzx6Z5 LTC - LVFukQnCWUimBxZuXKqTVKy1L2Jb8kZasL
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cedivad
Legendary
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Activity: 1176
Merit: 1001
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January 10, 2013, 04:05:28 PM |
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Where is the "tomorrow" update?
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My anger against what is wrong in the Bitcoin community is productive: Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)Hashfast.org - Wiki for screwed customers
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miter_myles
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January 10, 2013, 04:12:13 PM |
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Beside the hangover headache medicine I would assume..
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BTC - 1D7g5395bs7idApTx1KTXrfDW7JUgzx6Z5 LTC - LVFukQnCWUimBxZuXKqTVKy1L2Jb8kZasL
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