ASICMINER: Entering the Future of ASIC Mining by Inventing It

[101111]

We're at 800 posts, btw.

Pages!!

[bigdude]

We're at 800 posts, btw.

multiplied by 19.99

[canth]

We're at 800 posts, btw.

Pages!!

LOL. Fixed thx.

[WillBit]

If you don't know this thread, bookmark it:
https://bitcointalk.org/index.php?topic=220837

Franktank is doing a great job centralizing official information and summarizing the news every quarters.

I'd advise any new investor in AM to read up every posts from friedcat since at least September, it's the only way to distinguish real info from reasonable speculation/crazy speculation/totally wrong stuff.

Yes, thanks, I know that thread. Great job by Franktank. And still I'm looking for the missing piece between:

Hardware Update
• Already shipped devices(Gen1, already shipped) were limited by quantity of the power chip supply we pre-ordered before two months.
• We made an order of another brand of power chips which are about two weeks late. In October this will provide another 500TH/s (Gen1).
• If any deal of ordering Gen1 chips from outside buyers via us is reached, additional orders will be made.
• The size of the Gen2 order will be decided as appropriate, according to the network difficulty when it is time to finalize the order size.

8. Financial Report
The next official ASICMINER Financial Report is scheduled to be released on October 20s. We had been in the process of accumulating reserves for a two-year-based small lab (all salaries) and a full mask cost for 40nm for one month. Additional income may be reserved for other chip advancements.

Next Gen Chips
The projected time of taping out of Gen3 is January 20. Power consumption target estimation is <0.2W per G on low power mode and <0.2$ per G on wafer cost. Please notice that the timeline is of course subject to change/adjust, and the estimation on power and cost is also based on software tool/simulation results.

Gen 2 was mentioned on Sep 24, it's unclear which generation the 40 nm belongs to and on Nov 22 gen 3 was announced. I don't see anything that explicitly says that there is no gen 2.

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.

[jimmothy]

If you don't know this thread, bookmark it:
https://bitcointalk.org/index.php?topic=220837

Franktank is doing a great job centralizing official information and summarizing the news every quarters.

I'd advise any new investor in AM to read up every posts from friedcat since at least September, it's the only way to distinguish real info from reasonable speculation/crazy speculation/totally wrong stuff.

Yes, thanks, I know that thread. Great job by Franktank. And still I'm looking for the missing piece between:

Hardware Update
• Already shipped devices(Gen1, already shipped) were limited by quantity of the power chip supply we pre-ordered before two months.
• We made an order of another brand of power chips which are about two weeks late. In October this will provide another 500TH/s (Gen1).
• If any deal of ordering Gen1 chips from outside buyers via us is reached, additional orders will be made.
• The size of the Gen2 order will be decided as appropriate, according to the network difficulty when it is time to finalize the order size.

8. Financial Report
The next official ASICMINER Financial Report is scheduled to be released on October 20s. We had been in the process of accumulating reserves for a two-year-based small lab (all salaries) and a full mask cost for 40nm for one month. Additional income may be reserved for other chip advancements.

Next Gen Chips
The projected time of taping out of Gen3 is January 20. Power consumption target estimation is <0.2W per G on low power mode and <0.2$ per G on wafer cost. Please notice that the timeline is of course subject to change/adjust, and the estimation on power and cost is also based on software tool/simulation results.

Gen 2 was mentioned on Sep 24, it's unclear which generation the 40 nm belongs to and on Nov 22 gen 3 was announced. I don't see anything that explicitly says that there is no gen 2.

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.

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

[WillBit]

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?

[romerun]

hold on people, 70% of pictures look like the stock photos from FC slide that we already seen, plus 3 photos of a grumpy dude standing under giant pipe and metal cages.

[BitThink]

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?

Jan 20 is just the tape out date, which is the end of design, and beginning of producing. You need to wait for one or two months to see the chips.

[jimmothy]

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.

[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