Guys - Les received the boards today and ... they have a problem. The fab dropped 2 of our layers, producing a 2-layer PCB (no internal interconnects). We identified the problem immediately, got it fixed, and the fab is now expediting new PCBs on a 5-day turn. We are seeking to expedite each additional step this is going to take, but we *will* lose 3 - 5 days here (and 10's of thousands of $$$)
Steps we are taking:
-2-day turn verification rig in production now
-send a team member to China to in-person test this rig
-expedite all stages of PCB production, assembly & delivery
Since we will be right up against our retail delivery timeframe, we are going to have to use the boards for filling retail product. Due to this, Tytus has announced an increased hashrate supply to our investors of 200TH total, to be deployed in the next two months cumulatively (not all at once at the end).
We are as upset at the delay/fakap as you are I'm sure. This is one of the side affects of pushing such a fast track project, but we are making it right. Believe me we want this stuff hashing as much as anyone and we are pulling out all the stops to get it done.
The pico status report can be seen here:
https://picostocks.com/docs/index/19Although the delay is disappointing, I'm very happy to see how this team responds to adversity. Even though the delay is the fault of the PCB manufacturer, Tytus has decided to double the hash rate of the mine. This is not something that he was required to do, but he did it to assuage fears and reinforce the team's reputation. Rather than treating investors with contempt and letting us "just deal" with delays, he has made a proactive decision to compensate investors. Although he may be reducing short-term gains with this move, I'm certain the goodwill he's showing towards investors will only strengthen his brand/reputation and will have positive long term repercussions.