ASICMINER: Entering the Future of ASIC Mining by Inventing It

[szmarco]

Can somebody explain what the functionality tests are?
And What's the next?

1. You design the chips on a computer.
2. You simulate whether they will work, make changes if necessary!
3. Optimize as much as possible, repeat step 1, 2
4. When you're sure the chips will work, you tape-out, i.e. print a physical "mold" that is used to produce the chips. This is incredibly expensive.
5. You produce the circuitry of the chips on silicon. This is somewhat expensive - again, and takes about a month.
6. You package the silicon to actual chips. This takes a week.
- Until now you spend about 6 months or more and 5-7 figure amounts of US$ while you don't know if the chips you produced are going to work at all.
Now we know they do. *popsChampagne*

wow....thanks. That sounds great!

[friedcat]

Can somebody explain what the functionality tests are?
And What's the next?

They are a set of test cases to make sure that the chip indeed accepts the jobs and correctly outputs the corresponding nonces.

The next step is to make a better testing environment (powering, cooling) to know the maximum hashing speed on several voltage levels. (As well as at how low voltage the chip totally stops working and how at how high it explodes)

[chriswilmer]

Can somebody explain what the functionality tests are?
And What's the next?

They are a set of test cases to make sure that the chip indeed accepts the jobs and correctly outputs the corresponding nonces.

The next step is to make a better testing environment (powering, cooling) to know the maximum hashing speed on several voltage levels. (As well as at how low voltage the chip totally stops working and how at how high it explodes)

Congratulations! Must be a relief for you!

[ujka]

Congratulations!

Havelock must be under heavy load right now, can't even load the page to watch the happening.

[minerpumpkin]

Can somebody explain what the functionality tests are?
And What's the next?

They are a set of test cases to make sure that the chip indeed accepts the jobs and correctly outputs the corresponding nonces.

The next step is to make a better testing environment (powering, cooling) to know the maximum hashing speed on several voltage levels. (As well as at how low voltage the chip totally stops working and how at how high it explodes)

Will you actually be celebrating this success?  (Of course after those tests are done and you hopefully submit an order for a major batch at the fab)

[lan787]

Finally friedcat is online and answering questions 

[necro_nemesis]

 

[whalezy]

Finally! Fantastic! You've done a great job!

[der_meister]

And what about latest bitcoin bans in China. We need to move btc to usd and vice versa.

PS: awesome news regarding chips! You are fcuking fantastic guys

[ning]

Update

The chips passed the functionality tests.

Thank you, Friedcat and other ASICMINER engineers.

[Zubilica]

Does the first round of testing come close to estimations ?

[Fabrizio89]

I'll just chime in and say: Yesss!

Forget about the divs. With those news I propose to donate last week's divs to FC and his team for a fun night out in... wherever they're located!

I second this 

[novusordo]

I'll just chime in and say: Yesss!

Forget about the divs. With those news I propose to donate last week's divs to FC and his team for a fun night out in... wherever they're located!

I second this 

...you people do realize that Bitfountain holds over 200,000 shares, right?

[ujka]

I'll just chime in and say: Yesss!

Forget about the divs. With those news I propose to donate last week's divs to FC and his team for a fun night out in... wherever they're located!

I second this 

...you people do realize that Bitfountain holds over 200,000 shares, right?

there were 26 btc for last week divs.
Let FC and team have a fun night out.

[minerpumpkin]

I'll just chime in and say: Yesss!

Forget about the divs. With those news I propose to donate last week's divs to FC and his team for a fun night out in... wherever they're located!

I second this 

...you people do realize that Bitfountain holds over 200,000 shares, right?

So they'd have 1/3 more... 4300 US$ usually nicens up a night a lot *woopWoop*

[aahzmundus]

Trying to buy more shares on havelock, I think they need a few more servers...

In the mean time I am celebrating with some good music: https://www.youtube.com/watch?v=fZfg1Gtcg08

As far as last weeks dividends are, there are contractual obligations to consider.  Although I trust FC (although I do have a tenancy to panic) there is something to be said for how long he has kept to a specific schedule, until recently.  Trustworthy people in bitcoin are hard to come by, and it is these little details that matter.

Some large holders may be looking to diversify after the first few big payments of divs, and try to sell off some shares.  This little, but recent, blemish on the record may have an impact on people being able to sell shares.

But all and all... FRIEDCAT FOR PRESIDENT!

[VolanicEruptor]

funny how havelock became completely unresponsive right after that update...
we're just hammering that order book

[xiaoma9hao]

 great job!

[minerpumpkin]

funny how havelock became completely unresponsive right after that update...
we're just hammering that order book

Well, actually, is it just me or is Havelock barely moving? I can only see 8 trades since the announcement, and one of them sold some shares

[klondike_bar]

funny how havelock became completely unresponsive right after that update...
we're just hammering that order book

The best part is that yesterday i got an email from havelock to inform me that a purchase order at 0.0056 had been filled after sitting and waiting for at least 2 weeks