Post
Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussing Thread
by
BlockChains
on 30/08/2013, 14:46:56 UTC
What are the current plans for chip development?
ActiveMining is in the process of gathering necessary funds for paying NRE costs on its 28nm chip. We hope these funds to be gathered soon, so that chip production can start as soon as possible. Estimated dates after NRE payment are:
  • Chip samples delivered in 9 weeks;
  • Low-volume chip production starting in 12 weeks, using an e-beam process;
  • Normal volume chip production starting in 16-18 weeks.

The above is from Ken on the first page of this thread.

Ken has mentioned the bitcoins have have already been converted to fiat, and therefore I presume the NRE has been paid.

So ....... 9 weeks after NRE is paid, we should get news about chip samples being in hand.

Anyone hazard a guess as to when the NRE was paid, and so 9 weeks is when??

Well ken said this...

 
Man. I'm bummed out over not having that report yet!   Undecided

Someone hold me... Cry

Sorry, been working all day on eAsic deal and doing the transfers.

Then VE said this and it was later revealed he talked to Ken's relative who implied NRE had gone through:

A little bird told me that the BIG news will come by next Saturday (no, nothing to do with these break even Avalon chips). 
I would normally keep this a secret and buy more, but I'm all-in, baby.   Grin

So I'm going to avg those dates and assume around August 8 they had the funds to eAsic. This is especially likely since it was revealed trade hill was the exchange for USD conversion and one can move large amounts fast there. That gives a target date of roughly Halloween (oct 31) for the samples to be out.