ASICMINER: Entering the Future of ASIC Mining by Inventing It

[empoweoqwj]

This is pretty darned obvious. News coming out of AM is about specific dates for Gen3 progress.

If Gen2 existed, we would have all kind of launch dates by now.

It doesn't exist any more, move on.

[sochee]

Doesn't clear up any confusion. We don't know if gen2 or gen3 is 40nm.

They are skipping gen2 according to Jutarul though.  Seems like we'll have to wait until jan20+ for any sort of new chips.  Can any other board members confirm this?

Forgot that jutarul was a board member so what he says is most likely true. Still would be nice to have that PR person Friedcat said he would hire to clear up 90% of the confusion.

Even the most fervent ASICMINER believers don't know what Gen 3 is going to be? Blind faith at its best.

[freedomno1]

Can someone create the AsicMiner tinfoil hat thread?

I got to admit the Tin foil hats does sound fun

[bitsalame]

Doesn't clear up any confusion. We don't know if gen2 or gen3 is 40nm.

They are skipping gen2 according to Jutarul though.  Seems like we'll have to wait until jan20+ for any sort of new chips.  Can any other board members confirm this?

Forgot that jutarul was a board member so what he says is most likely true. Still would be nice to have that PR person Friedcat said he would hire to clear up 90% of the confusion.

Even the most fervent ASICMINER believers don't know what Gen 3 is going to be? Blind faith at its best.

9 posts? how on earth were you able to post here?

[freedomno1]

9 posts? how on earth were you able to post here?

Noob rules changed. It's like 1 post 4 hours. No requirement to lurk at all :/

Really I kind of want them back in noob hell since it works for the most part, well I've seen worst posts though

[penta]

great seeing the trip report from the immersion cooling facilities, this looks really good for gen3 deployment.

anyone else also noticed lots of not yet installed gen1 miners?

[jimmothy]

great seeing the trip report from the immersion cooling facilities, this looks really good for gen3 deployment.

anyone else also noticed lots of not yet installed gen1 miners?

Saw this too. Also noticed FC said some cubes were to be sold/deployed so maybe he will fill those up with gen1.

[bitsalame]

The question is: how do we know which Gen are those?

[explorer]

The question is: how do we know which Gen are those?

Seeing as there is only one, I'd guess... 1.

with 2 dropped and 3 due next spring, its a pretty good bet.

[Zubilica]

The question is: how do we know which Gen are those?

Seeing as there is only one, I'd guess... 1.

with 2 dropped and 3 due next spring, its a pretty good bet.

As gen2 failed why are you so sure that gen3 will succeed ? Indeed this is a bet.

[jimmothy]

As gen2 failed why are you so sure that gen3 will succeed ? Indeed this is a bet.

"According to friedcat Gen2 is not worthwhile for 2 reasons:
1) Gen2 would come out relatively late due to some factors outside of AM's control
2) Gen3 shows promising results and the roll-out seems to be better/more reliably organized" - jutarul

[explorer]

The question is: how do we know which Gen are those?

Seeing as there is only one, I'd guess... 1.

with 2 dropped and 3 due next spring, its a pretty good bet.

As gen2 failed why are you so sure that gen3 will succeed ? Indeed this is a bet.

Yep. But then,  if you're not some sort of gambler, you're not involved to start with 

[thecoinjournal]

Just saw this on the Chinese forum: http://c.blog.sina.com.cn/profile.php?blogid=6200937f890007c2

[VeeMiner]

As gen2 failed why are you so sure that gen3 will succeed ? Indeed this is a bet.

"According to friedcat Gen2 is not worthwhile for 2 reasons:
1) Gen2 would come out relatively late due to some factors outside of AM's control
2) Gen3 shows promising results and the roll-out seems to be better/more reliably organized" - jutarul

yeah, that's the information that I have... I'm hoping that Gen2 will be here as quickly as possible...

[Zubilica]

As gen2 failed why are you so sure that gen3 will succeed ? Indeed this is a bet.

"According to friedcat Gen2 is not worthwhile for 2 reasons:
1) Gen2 would come out relatively late due to some factors outside of AM's control
2) Gen3 shows promising results and the roll-out seems to be better/more reliably organized" - jutarul

yeah, that's the information that I have... I'm hoping that Gen2 will be here as quickly as possible...

 - Gen2 will never come out this is what most ppl do not get.
 - Forecast for tape-out for Gen3 is February 2014 so deploy is March/April  2014 at best.
 - Until then, divs will come from Gen1 Hardware sale (Cubes) and 50TH of mining already deployed. Subtract cost of production , power, salary and equipment maintenance.
 - Above assumption are made on presumption that R&D for Gen3 is already payed for, if not, subtract that too.

Friedcat stated that AM is heading for conventional industry profit, meaning single unit dividends/year.
At this point in time annual Yield is 16.22% and target is under 10%.

[VeeMiner]

As gen2 failed why are you so sure that gen3 will succeed ? Indeed this is a bet.

"According to friedcat Gen2 is not worthwhile for 2 reasons:
1) Gen2 would come out relatively late due to some factors outside of AM's control
2) Gen3 shows promising results and the roll-out seems to be better/more reliably organized" - jutarul

yeah, that's the information that I have... I'm hoping that Gen2 will be here as quickly as possible...

 - Gen2 will never come out this is what most ppl do not get.
 - Forecast for tape-out for Gen3 is February 2014 so deploy is March/April  2014 at best.
 - Until then, divs will come from Gen1 Hardware sale (Cubes) and 50TH of mining already deployed. Subtract cost of production , power, salary and equipment maintenance.
 - Above assumption are made on presumption that R&D for Gen3 is already payed for, if not, subtract that too.

Friedcat stated that AM is heading for conventional industry profit, meaning single unit dividends/year.
At this point in time annual Yield is 16.22% and target is under 10%.

I thought that Gen 1.5 failed and that there is Gen 2 in production? I guess that was a wrong assumption, can anyone who knows more comment?

[jimmothy]

As gen2 failed why are you so sure that gen3 will succeed ? Indeed this is a bet.

"According to friedcat Gen2 is not worthwhile for 2 reasons:
1) Gen2 would come out relatively late due to some factors outside of AM's control
2) Gen3 shows promising results and the roll-out seems to be better/more reliably organized" - jutarul

yeah, that's the information that I have... I'm hoping that Gen2 will be here as quickly as possible...

 - Gen2 will never come out this is what most ppl do not get.
 - Forecast for tape-out for Gen3 is February 2014 so deploy is March/April  2014 at best.
 - Until then, divs will come from Gen1 Hardware sale (Cubes) and 50TH of mining already deployed. Subtract cost of production , power, salary and equipment maintenance.
 - Above assumption are made on presumption that R&D for Gen3 is already payed for, if not, subtract that too.

Friedcat stated that AM is heading for conventional industry profit, meaning single unit dividends/year.
At this point in time annual Yield is 16.22% and target is under 10%.

You are right about one thing and that is that gen2 was skipped. Tapeout for gen3 is jan20 not feb as you stated. AM is hashing at closer to 125th not 50th. Also AM has already collected funds for gen3 and 2 year salaries/datacenter from reduced past divs.

At this point in time apr is 30% as it always has been. That makes literally no sense when you say FC is targeting 10% apr. He doesn't control share price or apr. Just because one week of really unlucky mining lead to a low div doesn't mean divs are low. This weeks div looks to be around double last weeks.

[JimiQ84]

As gen2 failed why are you so sure that gen3 will succeed ? Indeed this is a bet.

"According to friedcat Gen2 is not worthwhile for 2 reasons:
1) Gen2 would come out relatively late due to some factors outside of AM's control
2) Gen3 shows promising results and the roll-out seems to be better/more reliably organized" - jutarul

yeah, that's the information that I have... I'm hoping that Gen2 will be here as quickly as possible...

 - Gen2 will never come out this is what most ppl do not get.
 - Forecast for tape-out for Gen3 is February 2014 so deploy is March/April  2014 at best.
 - Until then, divs will come from Gen1 Hardware sale (Cubes) and 50TH of mining already deployed. Subtract cost of production , power, salary and equipment maintenance.
 - Above assumption are made on presumption that R&D for Gen3 is already payed for, if not, subtract that too.

Friedcat stated that AM is heading for conventional industry profit, meaning single unit dividends/year.
At this point in time annual Yield is 16.22% and target is under 10%.

I thought that Gen 1.5 failed and that there is Gen 2 in production? I guess that was a wrong assumption, can anyone who knows more comment?

gen 1.5 is new blade and cube

gen2 was supposed to be 65/55nm, that was discarded. Then there are many rumours about genX (maybe 2.5?) 40nm, and half-confirmed gen3 at 28nm

[dexX7]

Does this count?:

so Gen2 is skipped?

I'd also be very interested to hear the answer to this.

It's frustrating seeing responses which indicate that all the questions in this thread are being read, yet ignored.

Yes, it was skipped. FC mentioned this in the past. Apparently the performance wasn't as good as they hoped and they just decided to move on... probably a good move.

According to friedcat Gen2 is not worthwhile for 2 reasons:
1) Gen2 would come out relatively late due to some factors outside of AM's control
2) Gen3 shows promising results and the roll-out seems to be better/more reliably organized

Thus funds are better to be spent on Gen3 hardware. The production schedule will depend on a risk/reward ratio determined by friedcat. Deviations from the schedule need to be anticipated when rolling out a new product technology, so hedge accordingly when speculating on AM.

Thanks for the quotes.

I'm not sure.. the problem I have is this: There are some sources (like the reputable, Chinese interview girl) and I really don't doubt that what they say is the truth, but it seems there is much lost in translation for example and it's not really an official source at all. Just think about the confussion that was created from this "1000 PH" statement. I just wish the first source would be friedcat and not a third party.

But thanks again.

[empoweoqwj]

Bring on the full-time PR person from AM. Sorely needed.

I'm sore tired of discussions of Gen1, Gen2, Gen3, and now today Gen1.5 AND Gen2.5 have been introduced lol

Won't even start about the nm discussions.

If you don't have facts, please stop making up version numbers of GenX.X - its turned into a bad farce.