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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3899915 times)
aumusxou
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November 23, 2014, 12:57:23 PM
 #24461

1. As discussed in the board, it serves only the purpose of clearing OTC trades and showing
the founders' shareholding status.

I hope to see board members have not been selling out with the benefit of extra knowledge, but have instead been holding or even increasing their holdings.
Can someone explain what FC said means?  What I mean is, if someone wanted to sell/buy shares OTC, couldn't ownership be proven  by signing a message with the dividend-receiving address? 
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November 23, 2014, 01:06:14 PM
 #24462

1. As discussed in the board, it serves only the purpose of clearing OTC trades and showing
the founders' shareholding status.

I hope to see board members have not been selling out with the benefit of extra knowledge, but have instead been holding or even increasing their holdings.
Can someone explain what FC said means?  What I mean is, if someone wanted to sell/buy shares OTC, couldn't ownership be proven  by signing a message with the dividend-receiving address? 
It's difficult for people to verify that address still holds ASICMINER shares - ie, those shares haven't been sold to someone else already.

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November 23, 2014, 03:13:42 PM
 #24463

This is a BAD situation, worse than expected.

Well, to be honest... what did you expect??? Did you really expect big dividends still coming from gen 3? Yeah, there was supposed to be big self-mining coming online. But with the BTC price going down even further and focusing on gen 4 tapeout and soon the initial production, I think it is apparent that this money is needed to push gen 4 forward. Big time.

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November 23, 2014, 05:05:23 PM
 #24464

I strongly advise AM to compete in the Dec 6 auction for HashFast's 28nm GN1/1.5 and 16nm 16nm ASIC designs.

16nm is a very expensive scale to design/fabricate at.  AM would be wise to acquire HF's 16nm IP and use it to surpass KnC, Cointerra, and Bitfury in leading edge innovation, rather than start from scratch and pay full market price to compete in the 4th gen ASIC space.

Why you think AM would buy the IP for a 28nm chip that doesn't even compete with their own 40nm chip is beyond me.

Many things are "beyond you" Jimmothy, because you are a twit with poor reading skills.

For example, you completely missed my points about HF's 16nm IP, and myopically focused only on the 28nm stuff.

Has AM already paid for their 28nm tape-out?  If they haven't, that's a few million dollars (and a lot of risk) they could save by purchasing a known-good 28nm design instead.  The GN1.5 respin and 16nm GN2 nextgen are just extra gravy on top.


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
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"Fungibility provides privacy as a side effect."  Adam Back 2014
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November 23, 2014, 05:18:11 PM
 #24465

For example, you completely missed my points about HF's 16nm IP, and myopically focused only on the 28nm stuff.

No you completely missed my point. If AM's 40nm chip outperforms HF 28nm chip, then AM's 16nm chip will without a doubt outperform HF's 16nm chip.

That is assuming the hashfail chip even works without requiring a few million dollars worth of NRE/revisions/etc.

Quote
Has AM already paid for their 28nm tape-out?  If they haven't, that's a few million dollars (and a lot of risk) they could save by purchasing a known-good 28nm design instead.  The GN1.5 respin and 16nm GN2 nextgen are just extra gravy on top.

If you weren't a twit with poor reading skills you would have known they taped out 2 months ago.

Again it's laughable that you consider HF GN1 a "known good design" when it is outperformed by every chip being sold today.

You were scammed by HF. Your money is gone. Stop trying to sell people garbage in an attempt to salvage pennies on the dollar.
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November 23, 2014, 05:27:38 PM
 #24466

For example, you completely missed my points about HF's 16nm IP, and myopically focused only on the 28nm stuff.

No you completely missed my point. If AM's 40nm chip outperforms HF 28nm chip, then AM's 16nm chip will without a doubt outperform HF's 16nm chip.

That is assuming the hashfail chip even works without requiring a few million dollars worth of NRE/revisions/etc.

Quote
Has AM already paid for their 28nm tape-out?  If they haven't, that's a few million dollars (and a lot of risk) they could save by purchasing a known-good 28nm design instead.  The GN1.5 respin and 16nm GN2 nextgen are just extra gravy on top.

If you weren't a twit with poor reading skills you would have known they taped out 2 months ago.

Again it's laughable that you consider HF GN1 a "known good design" when it is outperformed by every chip being sold today.

You were scammed by HF. Your money is gone. Stop trying to sell people garbage in an attempt to salvage pennies on the dollar.

AM's 40nm design missed its spec by a lot.  HF's GN1 28nm exceeded it's spec and the GN1.5 respin will be even better.

As for GH/wafer, I don't think either of us knows which is superior.  But I'm sure you will pretend you do, just to be a Negative Nancy as usual.   Wink

I don't submit every page in this thread to my superior reading skills, that's why I asked about AM's tape-out.

Regardless, the battle for 4th gen ASIC dominance is happening at 16nm.  HF's 3d finFET GN2 design is just waiting for a firm like AM to buy it and put it to work.  Does AM have any provisional patents?  HF does...


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
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November 23, 2014, 05:30:05 PM
 #24467

For example, you completely missed my points about HF's 16nm IP, and myopically focused only on the 28nm stuff.

No you completely missed my point. If AM's 40nm chip outperforms HF 28nm chip, then AM's 16nm chip will without a doubt outperform HF's 16nm chip.

That is assuming the hashfail chip even works without requiring a few million dollars worth of NRE/revisions/etc.

Quote
Has AM already paid for their 28nm tape-out?  If they haven't, that's a few million dollars (and a lot of risk) they could save by purchasing a known-good 28nm design instead.  The GN1.5 respin and 16nm GN2 nextgen are just extra gravy on top.

If you weren't a twit with poor reading skills you would have known they taped out 2 months ago.

Again it's laughable that you consider HF GN1 a "known good design" when it is outperformed by every chip being sold today.

You were scammed by HF. Your money is gone. Stop trying to sell people garbage in an attempt to salvage pennies on the dollar.

AM's 40nm design missed its spec by a lot.  HF's GN1 28nm exceeded it's spec and the GN1.5 respin will be even better.

As for GH/wafer, I don't think either of us knows which is superior.  But I'm sure you will pretend you do, just to be a Negative Nancy as usual.   Wink

I don't submit every page in this thread to my superior reading skills, that's why I asked about AM's tape-out.

Regardless, the battle for 4th gen ASIC dominance is happening at 16nm.  HF's 3d finFET GN2 design is just waiting for a firm like AM to buy it and put it to work.  Does AM have any provisional patents?  HF does...

pure noob question here but if HF patent is so kul, why they selling it instead of producing?? i mean, not that previous HF chips missed their spec too..
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November 23, 2014, 05:38:13 PM
 #24468

pure noob question here but if HF patent is so kul, why they selling it instead of producing?? i mean, not that previous HF chips missed their spec too..

There were no "previous HF chips."

HF only made one chip, and it greatly exceeded spec (400GH spec vs 750GH given enough power).

Then they ran out of money.  Their misfortune is providing AM with the opportunity to catch up and dominate the 16nm frontier.


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
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"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
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November 23, 2014, 05:41:18 PM
 #24469

AM's 40nm design missed its spec by a lot.  HF's GN1 28nm exceeded it's spec and the GN1.5 respin will be even better.

The fact that AM failed and still came out with a superior chip is quite the achievement.

Quote
As for GH/wafer, I don't think either of us knows which is superior.  But I'm sure you will pretend you do, just to be a Negative Nancy as usual.   Wink

Without a doubt hashfast has better GH/wafer. But because it requires an expensive board/cooling it is not competitive. Even if the chip was free I doubt they could sell hardware for 1 btc/gh (at 0.7 w/gh).

Quote
Regardless, the battle for 4th gen ASIC dominance is happening at 16nm.  HF's 3d finFET GN2 design is just waiting for a firm like AM to buy it and put it to work.

By put to work I assume you mean completely redesign the chip/pcb and hope it works?

Quote
Does AM have any provisional patents?  HF does...

I'd love to know how HF acquired a "provisional patent" considering no such thing exists.
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November 23, 2014, 10:57:33 PM
 #24470

iCEBREAKER do you work for hashfail?!

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November 24, 2014, 12:33:28 AM
 #24471

I'd love to know how HF acquired a "provisional patent" considering no such thing exists.

What do you mean provisional patents don't exist? People file provisional patents all the time (at least in the USA). Am I misunderstanding you?
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November 24, 2014, 02:17:27 AM
Last edit: November 24, 2014, 05:55:35 PM by iCEBREAKER
 #24472

the battle for 4th gen ASIC dominance is happening at 16nm.  HF's 3d finFET GN2 design is just waiting for a firm like AM to buy it and put it to work.

By put to work I assume you mean completely redesign the chip/pcb and hope it works?

Quote
Does AM have any provisional patents?  HF does...

I'd love to know how HF acquired a "provisional patent" considering no such thing exists.

The 16nm GN2 chip/board designs haven't been finished yet, so I'm not sure how anyone could "redesign" them.   Tongue

And here, http://lmgtfy.com/?q=provisional+patent


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
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November 24, 2014, 02:58:41 AM
 #24473

I'd love to know how HF acquired a "provisional patent" considering no such thing exists.

What do you mean provisional patents don't exist? People file provisional patents all the time (at least in the USA). Am I misunderstanding you?

 There is no such thing as a provisional patent.  There is however a provisional application.  This particular application expires after 12 months and does not automatically mature into a patent.  In fact, the PTO (patent and trademark office) does not examine provisional applications.  A regular application must be filed within 12 months of the provisional application AND the provisional application must contain sufficient support for the regular application.  If they didn't do the provisional correctly, it wont help you and also you are running out of time (perhaps have already) to file a regular application.

 
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November 24, 2014, 06:01:17 AM
 #24474

If all goes well with test/sample chips, prototype should be made by mid-December
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November 24, 2014, 12:39:27 PM
 #24475

If all goes well with test/sample chips, prototype should be made by mid-December

Just to clarify: you are speaking about ASICminer's gen4 here, right? Was that known before, and I just missed it, or is this new knowledge released by you Canary? If the latter, what's your source?

Got confused with all the Hashfast talk here. Smiley
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November 24, 2014, 12:48:37 PM
 #24476

If all goes well with test/sample chips, prototype should be made by mid-December

Just to clarify: you are speaking about ASICminer's gen4 here, right? Was that known before, and I just missed it, or is this new knowledge released by you Canary? If the latter, what's your source?

Got confused with all the Hashfast talk here. Smiley

Few pages back FC said that tape out of Gen4 is done and they expecting chips December 16th.

Under development Modular UPGRADEABLE Miner (MUM). Looking for investors.
Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
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November 24, 2014, 02:17:10 PM
 #24477

If all goes well with test/sample chips, prototype should be made by mid-December

Just to clarify: you are speaking about ASICminer's gen4 here, right? Was that known before, and I just missed it, or is this new knowledge released by you Canary? If the latter, what's your source?

Got confused with all the Hashfast talk here. Smiley

Few pages back FC said that tape out of Gen4 is done and they expecting chips December 16th.

Thanks. I completely missed his Oct 24 post. This puts a lot more confidence in me, everything he said is quite reasonable and makes sense.

I am in for the long haul, so I don't care much about dividends. I much prefer ASICminer remaining afloat (and gen4 being solid) over receiving a bit of pocket money now. That they made mistakes in gen3 is unfortunate, but expected - everybody makes mistakes. Doesn't impact me considerably as an investor as long as the company's future is solid. If they won't learn from their mistakes, however, I am out.
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November 24, 2014, 05:05:06 PM
 #24478

Divs!   Grin

0.0000543

Don't tip me... tip the Riseup folks who protect activists around the world.
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November 24, 2014, 05:08:13 PM
 #24479

Divs!   Grin

0.0000543

Was wondering why the share price went to 0.12 on the full shares
But I don't see the dividend announcment on havelock to confirm it was a test so not sure if it was a joke or legit
(Not holding any direct shares)

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November 24, 2014, 05:24:02 PM
 #24480

Divs!   Grin

0.0000543
If true, I'm surprised. I was expecting 1k satoshi at beginning of December...

Under development Modular UPGRADEABLE Miner (MUM). Looking for investors.
Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
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