Update:BTC from pre-orders was never spent. Why-I-Eff-You may not have wallet access/control any longer.
Photographic evidence of ~375k chips dates to early July, Why-I-Eff-You claims chips still in customs.
All kinds of of sketchy FUD about greed, lies, conflict, and Triad assassins. No sex though obviously, as this is still Bitcoin.
This has now all just been confirmed today;
(1) Key members of the Avalon design team are now independent of Avalon;
(2) This new design team is proposing the development of a 40nm chip;
(3) The team is seeking investment - as in capital, as opposed to crowd source or pre-sales.
IS THIS CORRECT?
Where you assumed that they seek investment or new partner? Also, where is evident that they bitsysncom asic team has split inside?
Maybe this has something to do with btc address for chip purchases? Yifu said that who claim that they own that btc address.
This is why is asked for clarification. As to my inferences:
(1) yuchuanzhen stated "Based on the author's words,may be some thing happened to the Avalon team.And,most like a big one."
(2) and (3), yuchuanzhen stated "And for some unknown reason,they are looking for some new partner/investor.(40nm)"
Again, this development is currently, in primary source, in Chinese. I think everyone who is reporting it, in English, should be very careful to be very clear. Presumptions themselves may not translate correctly, even if they are, themselves, correct.
Basically,this team designed chips(110nm) for Avalon.
And for some unknown reason,they are looking for some new partner/investor.(40nm)
And,we don't know what happened inside Avalon.
To summarize what you and johnyj have said:And for some unknown reason,they are looking for some new partner/investor.(40nm)
And,we don't know what happened inside Avalon.
(1) Key members of the Avalon design team are now independent of Avalon;
(2) This new design team is proposing the development of a 40nm chip;
(3) The team is seeking investment - as in capital, as opposed to crowd source or pre-sales.
IS THIS CORRECT?
Maybe this has something to do with btc address for chip purchases? Yifu said that who claim that they own that btc address.
(1) yuchuanzhen stated "Based on the author's words,may be some thing happened to the Avalon team.And,most like a big one."
(2) and (3), yuchuanzhen stated "And for some unknown reason,they are looking for some new partner/investor.(40nm)"
Again, this development is currently, in primary source, in Chinese. I think everyone who is reporting it, in English, should be very careful to be very clear. Presumptions themselves may not translate correctly, even if they are, themselves, correct.
Yep. That's exactly what I've been saying since that happened. Learn the truth about who controlled those chips, and the truth about those statements, and then, and only then, would you know the truth about Avalon.
Nobody cared. And anyone who might actually have known would not repeat it, because, after all, that's part of that culture.
So now, here we are, with some guys trying to see if they can really buy a dozen chips out of Shenzen on alibaba.
BKKcoins, burnin, terrahash, Sebastain, and the others, I'm truly sorry for your losses and disappointments.