[AMC]-The Official Active Mining Cooperative Discussion

[TheSwede75]

There are so many insecurities, man-sized holes, and pure 'makes no sense' holes in the entire 'business' and it's relationships with other companies I don't even know where to start. I am 100% totally jealous of the company owners that have managed to secure their retirement in a few weeks. Buying shares @ current value? HELL NO!

I'm all ears. What are your precise objections?

Precise? Oh well how about:

100 Fast-Hash-80's**    @ 80 GH/s each for a total of: 8 TH/s
Specifications: 110nm 282 MH/s chip 75 chips per board 4 boards per unit
Estimated retail value @ ~$6,000 each for a total of $600,000
(Estimated to be delivered August 2013)

60 BTC in AUGUST 2013 for a Avalon clone? Yeah, people are right now demanding refunds for their Avalon Batch #3 since if they don't delivery BEFORE august they won't make their money back. Dream on with this pricing.

100 Fast-Hash-80's**    @ 80 GH/s each for a total of: 8 TH/s
Specifications: 110nm 282 MH/s chip 75 chips per board 4 boards per unit
Estimated retail value @ ~$6,000 each for a total of $600,000
(Estimated to be delivered October 2013)

EVEN CRAZIER!

100 Fast-Hash-80's**    @ 80 GH/s each for a total of: 8 TH/s
Specifications: 110nm 282 MH/s chip 75 chips per board 4 boards per unit
Estimated retail value @ ~$6,000 each for a total of $600,000
(Estimated to be delivered December 2013)

NOW ABSOLUTELY FANTASY

100 Fast-Hash-80's**    @ 80 GH/s each for a total of: 8 TH/s
Specifications: 110nm 282 MH/s chip 75 chips per board 4 boards per unit
Estimated retail value @ ~$6,000 each for a total of $600,000
(Estimated to be delivered February 2014)

THEY EXPECT TO SELL AVALON CLONES FOR $6000 IN FEBRUARY 2014? SERIOUSLY, TELL ME THIS IS A JOKE!

100 Fast-Hash-400's**    @ 400 GH/s each for a total of: 40 TH/s
Specifications: 45nm 6 GH/s chip 75 chips per board 1 board per unit
Estimated retail value @ ~$30,000 each for a total of $3,000,000
(Estimated to be delivered March 2014)

400 GH/S @ $30k each delivered in MARCH 2014??? KNC is selling 400 GH/s miners with delivery in SEPT/OCT 2013 for $8000!!

100 Fast-Hash-800's**    @ 800 GH/s each for a total of: 80 TH/s
Specifications: 45nm 6 GH/s chip 75 chips per board 2 boards per unit
Estimated retail value @ ~$60,000 each for a total of $6,000,000
(Estimated to be delivered May 2014)

Same absolutely nonsense and price inflation. MAY 2014 delivery @ 800 GH/s for $60k? BFL is selling Minirig @ 500 GH/s for $22k and no one is buying them!

100 Fast-Hash-1.2T's**    @ 1.2 TH/s each for a total of: 120 TH/s
Specifications: 28nm 9 GH/s chip 75 chips per board 1 board per unit
Estimated retail value @ ~$100,000 each for a total of $10,000,000
(Estimated to be delivered July 2014)

July 2014??? Yeah.. MAY be worth $10k by then.

100 Fast-Hash-2.4T's**    @ 2.4 TH/s each for a total of: 240 TH/s
Specifications: 28nm 9 GH/s chip 75 chips per board 2 board per unit
Estimated retail value @ ~$200,000 each for a total of $20,000,000
(Estimated to be delivered September 2014)

September 2014??? Yeah.. MAY be worth $10k by then.


100 Fast-Hash-4.8T's**    @ 4.8 TH/s each for a total of: 480 TH/s
Specifications: 28nm 9 GH/s chip 75 chips per board 4 board per unit
Estimated retail value @ ~$400,000 each for a total of $40,000,000
(Estimated to be delivered December 2014)

I think I have made my point.


I don't think that the company is a scam, or that the founders are not working hard. But seriously, at these price/profit projections I just don't see the profit there at all.

[1714806973]

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[1714806973]

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[chsados]

There are so many insecurities, man-sized holes, and pure 'makes no sense' holes in the entire 'business' and it's relationships with other companies I don't even know where to start. I am 100% totally jealous of the company owners that have managed to secure their retirement in a few weeks. Buying shares @ current value? HELL NO!

I'm all ears. What are your precise objections?

This guy on reddit raised some valid objections:

AMC is ABSOLUTELY not worth the .0025 / share that it is going for right now. All of the increase since its original .008 price is based on this news that they have hardware coming out in the future that is on par with what others are offering.

Furthermore and MOST IMPORTANTLY, the company that is listed, AMC, will only receive a VERY SMALL percentage of profits from the sale of this hardware because it is some other company, VMC, that will actually be selling it. Basically what happened is that this one man, "Kenneth Slaughter", owns both AMC and VMC. KSlaughter used funds raised from his selling of AMC shares to fund development of hardware that VMC will sell. As a shareholder of AMC, you will only see 10% of the profits made from VMC even though you have wholly funded VMC's R&D.

Imagine in an alternate universe where ASICminer was instead two companies, say ASIC-1 and ASIC-2, where both are owned by friedcat. ASIC-1 mines for bitcoins while ASIC-2 produces hardware. However, friedcat only puts ASIC-1 on the market. When friedcat has his IPO, he will use the raised funds to produce hardware using ASIC-2. The shareholders will only see value of 10% of hardware sales and then the mining revenue, even though they are funding the entire operation. This alternate universe is essentially what you have with Kenneth Slaughter and AMC/VMC.

Other points of concern include that the dividends per share will be worth less than half of the % they currently receive by April of 2014 because in the written in the contract is the clause that allows KSlaughter to increase the amount of shares receiving dividends from the current 40,000,000 to the full 100,000,000 at that time.

Additionally, the contract allows KSlaughter to continuously undersell the current market price all the way down to .008 BTC/Share

This is not to say that AMC does not have value, but please be aware that any hardware "breakthroughs" should not have a 200% effect on share price.

Edit: Personally, I would buy in if prices fell to somewhere around .012 BTC/Share

So his concerns are to do with what has been clearly stipulated by AMC from the outset? If you don't like the setup and conditions don't invest but it's a bit ludicrous to be telling people they are not getting a good deal when the deal is clear for all to see. Can't these people read?

Unfortunately no, people don't take the time to read.  Not all of this information is in a concise and centrally located place.  Prior to the announcement there were pages upon pages of hype.  Do you have a problem with someone providing a general summary of whats going on and allowing others to come to their own conclusion?

[Vbs]

This is GREAT News!

The fact we are going with eASIC is just... 

I understand people's doubts, but they are really missing the important technical details: The fact that wafer production CAN start at the same time as the design process, meaning wafer production can start AS SOON AS WE GET THE NRE FUNDS.

Second is the easicopy migration.... That is really the icing on the cake! 

The fact AMC is getting back $1M from chip sales means not only we'll have our own chip, but also a huge fund to buy hardware!

[Vbs]

Relevant for those investing in AMC-PT. https://bitcointalk.org/index.php?topic=241415.0;all

Also: What are these wild claims coming from? 'World fastest chip?" Both Bitfury and KNC miner has announced chips in 55nm/28nm that are expected for delivery in SEPTEMBER with same/competing hash rates. KNC's chip is a 55x55mm core @ 100 GH/s and Bitfury is a multicore chip capable of 0.3W per 1GH. What justifies a $25 MILLION valuation for a company with no track record, and a few 1000 BTC in total assets?

LOL! So, a Jupiter miner of 350GH/s will use 3.5 chips then?

[steveioio]

 Do you have a problem with someone providing a general summary of whats going on and allowing others to come to their own conclusion?

Absolutely not, that would be a great thing but this - "AMC is ABSOLUTELY not worth the .0025 / share" is not a general summary it's just an opinion.

[FloatesMcgoates]

There are so many insecurities, man-sized holes, and pure 'makes no sense' holes in the entire 'business' and it's relationships with other companies I don't even know where to start. I am 100% totally jealous of the company owners that have managed to secure their retirement in a few weeks. Buying shares @ current value? HELL NO!

I'm all ears. What are your precise objections?

This guy on reddit raised some valid objections:

AMC is ABSOLUTELY not worth the .0025 / share that it is going for right now. All of the increase since its original .008 price is based on this news that they have hardware coming out in the future that is on par with what others are offering.

Furthermore and MOST IMPORTANTLY, the company that is listed, AMC, will only receive a VERY SMALL percentage of profits from the sale of this hardware because it is some other company, VMC, that will actually be selling it. Basically what happened is that this one man, "Kenneth Slaughter", owns both AMC and VMC. KSlaughter used funds raised from his selling of AMC shares to fund development of hardware that VMC will sell. As a shareholder of AMC, you will only see 10% of the profits made from VMC even though you have wholly funded VMC's R&D.

Imagine in an alternate universe where ASICminer was instead two companies, say ASIC-1 and ASIC-2, where both are owned by friedcat. ASIC-1 mines for bitcoins while ASIC-2 produces hardware. However, friedcat only puts ASIC-1 on the market. When friedcat has his IPO, he will use the raised funds to produce hardware using ASIC-2. The shareholders will only see value of 10% of hardware sales and then the mining revenue, even though they are funding the entire operation. This alternate universe is essentially what you have with Kenneth Slaughter and AMC/VMC.

Other points of concern include that the dividends per share will be worth less than half of the % they currently receive by April of 2014 because in the written in the contract is the clause that allows KSlaughter to increase the amount of shares receiving dividends from the current 40,000,000 to the full 100,000,000 at that time.

Additionally, the contract allows KSlaughter to continuously undersell the current market price all the way down to .008 BTC/Share

This is not to say that AMC does not have value, but please be aware that any hardware "breakthroughs" should not have a 200% effect on share price.

Edit: Personally, I would buy in if prices fell to somewhere around .012 BTC/Share

So his concerns are to do with what has been clearly stipulated by AMC from the outset? If you don't like the setup and conditions don't invest but it's a bit ludicrous to be telling people they are not getting a good deal when the deal is clear for all to see. Can't these people read?

Unfortunately no, people don't take the time to read.  Not all of this information is in a concise and centrally located place.  Prior to the announcement there were pages upon pages of hype.  Do you have a problem with someone providing a general summary of whats going on and allowing others to come to their own conclusion?

+1

I am almost certain that the vast majority of people who are buying into AMC's hype did no digging at all into the contract of the stock.

[Vbs]

There are so many insecurities, man-sized holes, and pure 'makes no sense' holes in the entire 'business' and it's relationships with other companies I don't even know where to start. I am 100% totally jealous of the company owners that have managed to secure their retirement in a few weeks. Buying shares @ current value? HELL NO!

I'm all ears. What are your precise objections?

This guy on reddit raised some valid objections:

AMC is ABSOLUTELY not worth the .0025 / share that it is going for right now. All of the increase since its original .008 price is based on this news that they have hardware coming out in the future that is on par with what others are offering.

Furthermore and MOST IMPORTANTLY, the company that is listed, AMC, will only receive a VERY SMALL percentage of profits from the sale of this hardware because it is some other company, VMC, that will actually be selling it. Basically what happened is that this one man, "Kenneth Slaughter", owns both AMC and VMC. KSlaughter used funds raised from his selling of AMC shares to fund development of hardware that VMC will sell. As a shareholder of AMC, you will only see 10% of the profits made from VMC even though you have wholly funded VMC's R&D.

Imagine in an alternate universe where ASICminer was instead two companies, say ASIC-1 and ASIC-2, where both are owned by friedcat. ASIC-1 mines for bitcoins while ASIC-2 produces hardware. However, friedcat only puts ASIC-1 on the market. When friedcat has his IPO, he will use the raised funds to produce hardware using ASIC-2. The shareholders will only see value of 10% of hardware sales and then the mining revenue, even though they are funding the entire operation. This alternate universe is essentially what you have with Kenneth Slaughter and AMC/VMC.

Other points of concern include that the dividends per share will be worth less than half of the % they currently receive by April of 2014 because in the written in the contract is the clause that allows KSlaughter to increase the amount of shares receiving dividends from the current 40,000,000 to the full 100,000,000 at that time.

Additionally, the contract allows KSlaughter to continuously undersell the current market price all the way down to .008 BTC/Share

This is not to say that AMC does not have value, but please be aware that any hardware "breakthroughs" should not have a 200% effect on share price.

Edit: Personally, I would buy in if prices fell to somewhere around .012 BTC/Share

This is just plain wrong. VMC is paying back to AMC 100% NRE costs from chip sales. VMC is forfeiting all profits from chip sales until AMC receives everything back.

[neilol]

LOL at people panic selling already. Its incredible how amateur this market is

[kslaughter]

There are so many insecurities, man-sized holes, and pure 'makes no sense' holes in the entire 'business' and it's relationships with other companies I don't even know where to start. I am 100% totally jealous of the company owners that have managed to secure their retirement in a few weeks. Buying shares @ current value? HELL NO!

I'm all ears. What are your precise objections?

Precise? Oh well how about:

100 Fast-Hash-80's**    @ 80 GH/s each for a total of: 8 TH/s
Specifications: 110nm 282 MH/s chip 75 chips per board 4 boards per unit
Estimated retail value @ ~$6,000 each for a total of $600,000
(Estimated to be delivered August 2013)

We are on schedule to receive 62 of these machine by the end of August.  We have 20,000 chips on order from
Avalon for these machines.

Now, I think you are a competitor just trying to spread FUD about AMC, I have looked at some of your
post and you seem to be tied to KnC as your forum name suggest "TheSwede75". and this:

[Group Buy #2] 1 KNC Miner Saturn 175 GH/s miner + hosting (10 shares) CLOSED

which is your group buy for KNC equipment.  Case Closed.

[Vbs]

LOL at people panic selling already. Its incredible how amateur this market is

True. Like securing the IP and a manufacturer for a 28nm chip is so easy to do!

[Vbs]

eASIC Announces easicopy™ ASIC

Santa Clara, CA – May 25, 2011 – eASIC Corporation today announced the immediate availability of “easicopy™”, an ASIC migration product that provides custom chip designers with a simple, low-risk migration path from eASIC Nextreme and Nextreme-2 NEW ASICs to cell-based ASIC devices.The addition of easicopy™ enables OEMs to continue to innovate and quickly ramp to volume production using eASIC Nextreme series devices, and now migrate to lower cost easicopy™ cell-based ASIC when designs ramp to extremely high volumes.

OEMs typically engage in an easicopy™ design once their lower up-front cost Nexteme series design has been proven and is profitably ramping in production. eASIC engineers seamlessly migrate the Nextreme or Nextreme-2 design netlist to an easicopy™ solution taking care of arduous tasks such as DFT insertion, ATPG, I/O ring and power mesh design, clock tree synthesis, package design, routing, extraction, IR drop and formal verification. While eASIC engineers are migrating the design to easicopy™, OEMs continue to profitably ramp in production with the Nextreme series design, thereby mitigating overall design and production risks. Once the easicopy™ design is complete OEMs are able to switch production from their Nextreme or Nextreme-2 design to easicopy™ in order increase gross margins even further.

“Seagate is delighted to have launched Momentus®XT, the industry’s first solid state hybrid drive, using the easicopy ASIC Migration product,” said Kurt Richarz, Seagate executive vice president of sales. “We were able to use Nextreme NEW ASICs to accelerate time-to-market of Momentus®XT. eASIC seamlessly migrated our design to easicopy™. We see easicopy™ as a natural extension to our value engineering programs as we take products from initial ramp through to very high volumes.”

“We are seeing more customers who are successfully in volume production with their Nextreme series devices, wanting to ramp to very high volumes,” said Jasbinder Bhoot, Vice President of Worldwide Marketing, eASIC Corporation.“The combination of low-up front cost Nextreme series devices,and the lowest unit cost of easicopy™ solutions now gives customers the power to freely innovate and seamlessly ramp successful innovations from hundreds of thousands of units to millions of units, all with eASIC.”

[binaryFate]

There are so many insecurities, man-sized holes, and pure 'makes no sense' holes in the entire 'business' and it's relationships with other companies I don't even know where to start. I am 100% totally jealous of the company owners that have managed to secure their retirement in a few weeks. Buying shares @ current value? HELL NO!

I'm all ears. What are your precise objections?

Precise? Oh well how about:

100 Fast-Hash-80's**    @ 80 GH/s each for a total of: 8 TH/s
Specifications: 110nm 282 MH/s chip 75 chips per board 4 boards per unit
Estimated retail value @ ~$6,000 each for a total of $600,000
(Estimated to be delivered August 2013)

We are on schedule to receive 62 of these machine by the end of August.  We have 20,000 chips on order from
Avalon for these machines.

Now, I think you are a competitor just trying to spread FUD about AMC, I have looked at some of your
post and you seem to be tied to KnC as your forum name suggest "TheSwede75".

You mean because there is "swede" in its username? So he should be related to KnC?
They must even be cousin!
OMG I cannot believe you said something like this.


EDIT: Anyway, you answered about delivery date, while he was speaking about prices.

[FloatesMcgoates]

eASIC Announces easicopy™ ASIC

Santa Clara, CA – May 25, 2011 – eASIC Corporation today announced the immediate availability of “easicopy™”, an ASIC migration product that provides custom chip designers with a simple, low-risk migration path from eASIC Nextreme and Nextreme-2 NEW ASICs to cell-based ASIC devices.The addition of easicopy™ enables OEMs to continue to innovate and quickly ramp to volume production using eASIC Nextreme series devices, and now migrate to lower cost easicopy™ cell-based ASIC when designs ramp to extremely high volumes.

OEMs typically engage in an easicopy™ design once their lower up-front cost Nexteme series design has been proven and is profitably ramping in production. eASIC engineers seamlessly migrate the Nextreme or Nextreme-2 design netlist to an easicopy™ solution taking care of arduous tasks such as DFT insertion, ATPG, I/O ring and power mesh design, clock tree synthesis, package design, routing, extraction, IR drop and formal verification. While eASIC engineers are migrating the design to easicopy™, OEMs continue to profitably ramp in production with the Nextreme series design, thereby mitigating overall design and production risks. Once the easicopy™ design is complete OEMs are able to switch production from their Nextreme or Nextreme-2 design to easicopy™ in order increase gross margins even further.

“Seagate is delighted to have launched Momentus®XT, the industry’s first solid state hybrid drive, using the easicopy ASIC Migration product,” said Kurt Richarz, Seagate executive vice president of sales. “We were able to use Nextreme NEW ASICs to accelerate time-to-market of Momentus®XT. eASIC seamlessly migrated our design to easicopy™. We see easicopy™ as a natural extension to our value engineering programs as we take products from initial ramp through to very high volumes.”

“We are seeing more customers who are successfully in volume production with their Nextreme series devices, wanting to ramp to very high volumes,” said Jasbinder Bhoot, Vice President of Worldwide Marketing, eASIC Corporation.“The combination of low-up front cost Nextreme series devices,and the lowest unit cost of easicopy™ solutions now gives customers the power to freely innovate and seamlessly ramp successful innovations from hundreds of thousands of units to millions of units, all with eASIC.”

And what does this have to do with anything?

[chsados]

There are so many insecurities, man-sized holes, and pure 'makes no sense' holes in the entire 'business' and it's relationships with other companies I don't even know where to start. I am 100% totally jealous of the company owners that have managed to secure their retirement in a few weeks. Buying shares @ current value? HELL NO!

I'm all ears. What are your precise objections?

Precise? Oh well how about:

100 Fast-Hash-80's**    @ 80 GH/s each for a total of: 8 TH/s
Specifications: 110nm 282 MH/s chip 75 chips per board 4 boards per unit
Estimated retail value @ ~$6,000 each for a total of $600,000
(Estimated to be delivered August 2013)

We are on schedule to receive 62 of these machine by the end of August.  We have 20,000 chips on order from
Avalon for these machines.

Now, I think you are a competitor just trying to spread FUD about AMC, I have looked at some of your
post and you seem to be tied to KnC as your forum name suggest "TheSwede75".

You mean because there is "swede" in its username? So he should be related to KnC?
They must even be cousin!
OMG I cannot believe you said something like this.


EDIT: Anyway, you answered about delivery date, while he was speaking about prices.

He's just trying to do damage control.  Notice how he only addressed one of his concerns while the others mentioned are of much more importance.

AMC = The new Facebook IPO?

[Vbs]

eASIC Announces easicopy™ ASIC

Santa Clara, CA – May 25, 2011 – eASIC Corporation today announced the immediate availability of “easicopy™”, an ASIC migration product that provides custom chip designers with a simple, low-risk migration path from eASIC Nextreme and Nextreme-2 NEW ASICs to cell-based ASIC devices.The addition of easicopy™ enables OEMs to continue to innovate and quickly ramp to volume production using eASIC Nextreme series devices, and now migrate to lower cost easicopy™ cell-based ASIC when designs ramp to extremely high volumes.

OEMs typically engage in an easicopy™ design once their lower up-front cost Nexteme series design has been proven and is profitably ramping in production. eASIC engineers seamlessly migrate the Nextreme or Nextreme-2 design netlist to an easicopy™ solution taking care of arduous tasks such as DFT insertion, ATPG, I/O ring and power mesh design, clock tree synthesis, package design, routing, extraction, IR drop and formal verification. While eASIC engineers are migrating the design to easicopy™, OEMs continue to profitably ramp in production with the Nextreme series design, thereby mitigating overall design and production risks. Once the easicopy™ design is complete OEMs are able to switch production from their Nextreme or Nextreme-2 design to easicopy™ in order increase gross margins even further.

“Seagate is delighted to have launched Momentus®XT, the industry’s first solid state hybrid drive, using the easicopy ASIC Migration product,” said Kurt Richarz, Seagate executive vice president of sales. “We were able to use Nextreme NEW ASICs to accelerate time-to-market of Momentus®XT. eASIC seamlessly migrated our design to easicopy™. We see easicopy™ as a natural extension to our value engineering programs as we take products from initial ramp through to very high volumes.”

“We are seeing more customers who are successfully in volume production with their Nextreme series devices, wanting to ramp to very high volumes,” said Jasbinder Bhoot, Vice President of Worldwide Marketing, eASIC Corporation.“The combination of low-up front cost Nextreme series devices,and the lowest unit cost of easicopy™ solutions now gives customers the power to freely innovate and seamlessly ramp successful innovations from hundreds of thousands of units to millions of units, all with eASIC.”

And what does this have to do with anything?

Read: http://www.easic.com/migration-to-cell-based-asic/migration-to-cell-based-asic-overview/

No point in me explaining all the details every time...

[FloatesMcgoates]

eASIC Announces easicopy™ ASIC

Santa Clara, CA – May 25, 2011 – eASIC Corporation today announced the immediate availability of “easicopy™”, an ASIC migration product that provides custom chip designers with a simple, low-risk migration path from eASIC Nextreme and Nextreme-2 NEW ASICs to cell-based ASIC devices.The addition of easicopy™ enables OEMs to continue to innovate and quickly ramp to volume production using eASIC Nextreme series devices, and now migrate to lower cost easicopy™ cell-based ASIC when designs ramp to extremely high volumes.

OEMs typically engage in an easicopy™ design once their lower up-front cost Nexteme series design has been proven and is profitably ramping in production. eASIC engineers seamlessly migrate the Nextreme or Nextreme-2 design netlist to an easicopy™ solution taking care of arduous tasks such as DFT insertion, ATPG, I/O ring and power mesh design, clock tree synthesis, package design, routing, extraction, IR drop and formal verification. While eASIC engineers are migrating the design to easicopy™, OEMs continue to profitably ramp in production with the Nextreme series design, thereby mitigating overall design and production risks. Once the easicopy™ design is complete OEMs are able to switch production from their Nextreme or Nextreme-2 design to easicopy™ in order increase gross margins even further.

“Seagate is delighted to have launched Momentus®XT, the industry’s first solid state hybrid drive, using the easicopy ASIC Migration product,” said Kurt Richarz, Seagate executive vice president of sales. “We were able to use Nextreme NEW ASICs to accelerate time-to-market of Momentus®XT. eASIC seamlessly migrated our design to easicopy™. We see easicopy™ as a natural extension to our value engineering programs as we take products from initial ramp through to very high volumes.”

“We are seeing more customers who are successfully in volume production with their Nextreme series devices, wanting to ramp to very high volumes,” said Jasbinder Bhoot, Vice President of Worldwide Marketing, eASIC Corporation.“The combination of low-up front cost Nextreme series devices,and the lowest unit cost of easicopy™ solutions now gives customers the power to freely innovate and seamlessly ramp successful innovations from hundreds of thousands of units to millions of units, all with eASIC.”

And what does this have to do with anything?

Read: http://www.easic.com/migration-to-cell-based-asic/migration-to-cell-based-asic-overview/

No point in me explaining all the details every time...

I read it, I have no idea how this is connected to AMC or the fast-hash system.

[binaryFate]

eASIC Announces easicopy™ ASIC

Santa Clara, CA – May 25, 2011 – eASIC Corporation today announced the immediate availability of “easicopy™”, an ASIC migration product that provides custom chip designers with a simple, low-risk migration path from eASIC Nextreme and Nextreme-2 NEW ASICs to cell-based ASIC devices.The addition of easicopy™ enables OEMs to continue to innovate and quickly ramp to volume production using eASIC Nextreme series devices, and now migrate to lower cost easicopy™ cell-based ASIC when designs ramp to extremely high volumes.

OEMs typically engage in an easicopy™ design once their lower up-front cost Nexteme series design has been proven and is profitably ramping in production. eASIC engineers seamlessly migrate the Nextreme or Nextreme-2 design netlist to an easicopy™ solution taking care of arduous tasks such as DFT insertion, ATPG, I/O ring and power mesh design, clock tree synthesis, package design, routing, extraction, IR drop and formal verification. While eASIC engineers are migrating the design to easicopy™, OEMs continue to profitably ramp in production with the Nextreme series design, thereby mitigating overall design and production risks. Once the easicopy™ design is complete OEMs are able to switch production from their Nextreme or Nextreme-2 design to easicopy™ in order increase gross margins even further.

“Seagate is delighted to have launched Momentus®XT, the industry’s first solid state hybrid drive, using the easicopy ASIC Migration product,” said Kurt Richarz, Seagate executive vice president of sales. “We were able to use Nextreme NEW ASICs to accelerate time-to-market of Momentus®XT. eASIC seamlessly migrated our design to easicopy™. We see easicopy™ as a natural extension to our value engineering programs as we take products from initial ramp through to very high volumes.”

“We are seeing more customers who are successfully in volume production with their Nextreme series devices, wanting to ramp to very high volumes,” said Jasbinder Bhoot, Vice President of Worldwide Marketing, eASIC Corporation.“The combination of low-up front cost Nextreme series devices,and the lowest unit cost of easicopy™ solutions now gives customers the power to freely innovate and seamlessly ramp successful innovations from hundreds of thousands of units to millions of units, all with eASIC.”

And what does this have to do with anything?

It is obvious when you look at a condenced version (I just removed words):

eASIC Corporation easicopy™ ASIC eASIC, Nextreme and Nextreme-2, NEW ASICs cell-based ASIC devices.
The addition of easicopy™  OEMs Nextreme easicopy™, high volumes!

Nextreme-2 design netlist to an easicopy™ solution, such as DFT insertion, ATPG, I/O ring and power mesh design, clock tree synthesis, package design, routing, extraction, IR drop and formal verification.

Easicopy™, OEMs.

Seagate is delighted, Momentus®XT, hybrid drive, easicopy ASIC Migration product.
Momentus®XT!!

eASIC Corporation, Nextreme series devices power successful innovations hundreds of thousands of  millions of eASIC.

It is for you to be amazed, and stop wondering too much

[Vbs]

Ok, I'll do a post linking all the tech stuff for everyone to read.

[Surprise]

I think people are missing the story here. AMC is using a pretty similar strategy to ASICMINER. First right of refusal on VMC's machines gives AMC as much hashrater as it can afford at manufacturers cost. Ken still has many shares to sell and is also acquiring hashrate at a rate faster than the network is expanding, which means he can snowball profits into more hashrate successfully,reliably, and exponentially.

Should AMC become a major player on the network, with say 15% control, they will be raking in 3780 BTC per week. Considering there are 40 million shares outstanding for the next 10 months or so revenue per dividend per week would be 0.0000945. Obviously not all revenue is profit, so lets withhold say 10% of weekly revenue for operating costs. That gives us 0.00008505 per share as a weekly dividend.

ASICMINER's share price is currently well over 100 times its weekly dividend and appears capable of reliably holding 10-30% of the network for the next few months at the very least. Should AMC achieve a similar position I think the market will value its dividend/share price at relatively similar ratios. 0.00008505*100 is 0.008505, which I think the share price would be roughly equal to should AMC achieve a similar position to ASICMINER. Given more ambitious numbers and projections and the share price could be 0.01 or greater in 6 months as the market prices in the reduced uncertainty.

This is my opinion on the situation and I welcome criticism. I hope people do their own math and reasoning before investing money into this security.

[Flashman]

Difficult questions need to be asked IMO. I've only been a shareholder these last couple of weeks, but my 2 satoshi...

The large node ASICs (Avalon, block erupter)  now look to have a very limited shelf life. Someone in a cold climate with free to very cheap power might still be delighted to get their hands on them come 2014, but most of us are going to be looking elsewhere.

The pricing of the the new systems looks realistic. The avalon clones may need to be cleared out at cost. BFL will be selling off the shelf in September, they may return to previous pricing structure then.


Flash.