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Author Topic: A letter to Advanced Micro Device  (Read 2894 times)
SgtSpike
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February 14, 2013, 08:25:52 PM
 #21

Considering Bitcoin mining is forbidden at the AMD offices, I don't see this happening.
Spending all their time playing video games is probably forbidden as well - what's your point?
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February 14, 2013, 08:31:36 PM
 #22

Considering Bitcoin mining is forbidden at the AMD offices, I don't see this happening.
Spending all their time playing video games is probably forbidden as well - what's your point?

 My point is, I don't see them devoting significant resources to a nascent technology. Gaming is another matter entirely, and arguably contributes more to their bottom line than SHA256 hashing.

 Furthermore, I imagine spending all your time playing video games is probably forbidden, even at a video game company.
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February 14, 2013, 09:09:54 PM
 #23

Considering Bitcoin mining is forbidden at the AMD offices, I don't see this happening.
Spending all their time playing video games is probably forbidden as well - what's your point?

 My point is, I don't see them devoting significant resources to a nascent technology. Gaming is another matter entirely, and arguably contributes more to their bottom line than SHA256 hashing.

 Furthermore, I imagine spending all your time playing video games is probably forbidden, even at a video game company.
Cool, learned a new word today.

And yes, I agree with you.  I'm just saying that the day will come when Bitcoin isn't so nascent, and AMD will pay attention.   Wink
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February 16, 2013, 06:58:53 AM
 #24

AMD is a badly run company with no clue about the future. They missed changes in the desktop processor space, the mobile chip space, the gaming space, the ssd drive space, and now the ASIC mining space. The stock is down about 62% ytd, and it closed at $2.71--they really need all the help that they can get.

The best way to get their attention is to buy some AMD stock then head over to the annual shareholder meeting and request that they build a better miner--if a lot of us purchased AMD stock, we'd be in the less than 1% of customers that would actually purchase a mining device, but we'd have some voting power with our pooled AMD shares--heck I'd also be happy if they would just  build a dedicated Folding@home device while they are building your mining device Smiley

A letter to AMD:

As we all know, mining Bitcoin or Litecoin are big selling point of AMD graphics cards, but this advantage will disappear when dedicated ASIC device emerge in the near future. Can your company consider this situation by adding dedicated accelerated unit or instruction set to furture AMD CPU and GPU generation for better Bitcoin & Litecoin mining?
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February 16, 2013, 07:41:15 AM
 #25

AMD is a badly run company with no clue about the future. They missed changes in the desktop processor space, the mobile chip space, the gaming space, the ssd drive space, and now the ASIC mining space. The stock is down about 62% ytd, and it closed at $2.71--they really need all the help that they can get.

The best way to get their attention is to buy some AMD stock then head over to the annual shareholder meeting and request that they build a better miner--if a lot of us purchased AMD stock, we'd be in the less than 1% of customers that would actually purchase a mining device, but we'd have some voting power with our pooled AMD shares--heck I'd also be happy if they would just  build a dedicated Folding@home device while they are building your mining device Smiley

A letter to AMD:

As we all know, mining Bitcoin or Litecoin are big selling point of AMD graphics cards, but this advantage will disappear when dedicated ASIC device emerge in the near future. Can your company consider this situation by adding dedicated accelerated unit or instruction set to furture AMD CPU and GPU generation for better Bitcoin & Litecoin mining?

AMD's reply:

Upon viewing our balance sheet, it seems we do need a little influx of cash, in your case, bitcoins.

In a couple days we'll be embedding a pre-order button onto our website. Once we receive $2M USD in pre-orders, we will set a fuzzy date as to when we plan to ship. We normally don't do business this way, but am making an exception to not disrupt the status quo as to how bitcoiners currently purchase mining equipment.

Regards,

Bob N

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February 16, 2013, 08:33:54 AM
 #26

Lets change Bitcoin hashing algo to SHA-3

Revewing Bitcoin / Crypto mining Hardware.
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