Quote from: dogjunior on August 31, 2016, 06:34:45 PM

Quote from: Longsnowsm on August 31, 2016, 04:53:14 PM

Quote from: usao on August 31, 2016, 04:12:42 PM

Quote from: bclcjunkie on August 31, 2016, 11:23:58 AM

this is starting to look a like big fuck up now. first they promise demo and then lure buyers with august delivery by deliberately moving to mid/end of september since that stupid clause allows them to be late by a month. i won't be surprised if that also changes to october due to some technical problems when its actually financial problems. all the privilege of having preorder just went down the drain cause we should've had machines on hand in mid september and already hashing by now.

When all these companies say "not late if by 1 month", I always take that to mean that's the real date. So, I was always planning on the end of Sept, never expected to see anything in Aug.
I guess that's why it doesn't bother me that much, since I already had that timing baked into my plans...

@usao Agreed, I didn't expect them to make August, and it wouldn't surprise me if we get pushed into October like they originally told us and then moved the dates forward. So I am not too concerned yet.

I think they used the funding to build out their 14nm production which goes across other product lines so they basically received their venture capital from us to retool their product line. What it means for the timeline on the A4, well like usual production delays are just a thing to be expected with miners.

Why would they need capital to retool their product line? Shouldn't they be well funded with their own investors. So what you are saying is that Innosilicon has no other source of funds other than the mining community to expand their production line? This kind of bs makes me very nervous.

Isn't this the kind of stuff these companies and people do? Use other peoples money? Why risk your own if you can convince others to do it? This is just my own speculation on one of the reasons they went the pre-order and partner route this time.