Quote from: Shasoudas on May 04, 2013, 01:09:29 PM

Sorry if this has already been covered.

It just seems highly optimistic to produce a 45nm die chips by the end of this month. I have no expertise in this area i am just reflecting on the difficulties that BFL had when trying to produce the 68nm die chips. Would be grateful if someone with more technical knowledge could discuss this.

Also a few other points that i would like to ask:

1, Has there been confirmation for all of the Avalon Batch 2 machines? Has there been any news of them shipping this specific order (I know they're ramping up their production line when they receive the hardware to do so). Once these machines arrive where will they be situated, what physical considerations in terms of security have been considered? Where will the rest of AMC's machines be situated?

2, Has design of the 45nm die chips already started or does its start depend on the IPO being a success?

3, What happens if the IPO is not completely fulfilled?

I appreciate the time taken in replying,
Shas

Good Questions!

We have never said that we can produce a 45nm chip by the end of this month. What we have said is that we are working with a Major Semiconductor company that can produce the 45nm chips in a 5-10 week time frame after we deliver RTL to them.

1. Yes, all 6 Avalons which are on order have been confirmed and paid for. See our images of the order confirmations here: https://bitfunder.com/asset/AMC
   The only news from Avalon was on May 1. See this thread for more information. https://bitcointalk.org/index.php?topic=167726.msg1746355#msg1746355
   The first 6 machines will be in my current location, which has enough power and air conditioning for the 6 Avalons. Security at this location is excellent. At the current time we
   are looking for a location for the other machines. I have an excellent location in mind, which has it own power and air conditioning.

2. We already have Bitcoin Mining RTL synthesis, and should we convince the Major Semiconductor Company to work with us, then we will port the software. It the short term
   we are using Avalon 110nm chips.

3. It doesn't need to be completely subscribed, but would be better if it was. We are putting 50% of the revenue from the 6 Avalons machines back into AMC to purchase more Bitcoin
   Mining Machines. Also the dividends from the unsubscribed shares will go back into AMC.