Quote from: friedcat on January 24, 2013, 02:20:18 PM

Update

All confirmations including GLBSE-only ones (who haven't claimed to us) have been sent. For shareholders who haven't received any, please check your spam folder, and report to us if you still couldn't find them.

Quote from: punin on January 20, 2013, 02:42:53 PM

Well, now that Avalon apparently shipped, would you like to give an estimate on when we start hashing and how many TH/s are we looking at?

Considering the yield rate (including chips themselves, assembling, and other uncertainties) and the overclocking opportunity we are looking at over 10TH/s and under 12TH/s for the whole first batch and sixfold for the second.

Quote from: bitcoinmagazine

Normally, computer chip manufacturing facilities produce a yield of 95% that is, less than 5% of the chips that come out of the foundry are imperfect in some way. For ASICMiners chip production, the companys customer service representative reported, the number of failed chips is as high as 30%. In theory, all this means is that the manufacturer will need to make 43% more chips to compensate, but the abnormality hints at the possibility of other problems to come.

We have to make clear that that we have said was that our fab considers <1/3 failed rate as OK and they won't take responsibility, which is their bottom line. The reality is that our yield rate also >95%. The whole number of chips were less than what we expected was caused by the MLM typed process used for making our masks utilizes less area than a full mask.

Quote from: punin on January 24, 2013, 06:38:07 AM

I'm beginning to be really curious as to what the hold up is. Proper way to do this is to plan ahead, and plan for errors also.

Has something come up?
Why was hardware ordered after chips and boards arrived?
Haven't any mechanical CAD or thermal analysis been done?

Hope your update is open and detailed. There's no need to keep any secrets at this point.

1. No surprising things has come up. The real hold up is that we are meeting the delay of the assembly service which is an automated process which is practically hard to "push".
2. Because we have made many adjustments on the heat solution during the last few weeks and negated many as improper ones for bulk-ordering. They are done in parallel with the first the (mass) packaging of chips and then the (mass) production of pcbs so this was not the part that wasted time.
3. Yes. But we ordered them after the physical tests are done.

Quote from: scrybe on January 20, 2013, 07:03:59 PM

Framing is important, so let me ask it like this:
Freidcat, would you please post an brief note on what the current status of the project is and when the next milestone worth announcing will happen? Thanks!

The current status is that in estimation we will be delayed by about 2 weeks in total compared to what we projected when the chips arrive. That is early Feb, before the CNY vacation comes. The next "real" milestone worth announcing is that we start hashing in our workshop, but before that we will also keep you updated.

Quote from: DutchBrat on January 24, 2013, 04:07:32 AM

It was a perfect moment to start, but it seems there are no mining rigs ready yet.... Guess we have to wait till Friedcats update in a couple of hours to hear where they stand at the moment.....

No, not ready yet. Whenever they are ready we couldn't wait till a "regular" update time to announce it...

We are sorry to shareholders that we are now >2-month delayed against the original plan. (Late Dec. against Late Oct. to get the chips, plus 4-5 weeks against 2-3 weeks to fully deploy). The status are resulted in by a mix of our optimistic projection, our conservative action and our un-developed relation in the electric manufacturing field. Thanks again for all shareholders' patience and we will keep the track of deploying, and improve our timeline with the lessons of this time in our later products.

Thanx for the nice update. Keep up with the good work!