Quote from: Pale Phoenix on August 31, 2013, 05:33:50 PM

Quote from: stslimited on August 31, 2013, 03:54:59 PM

there are several other companies planning on deploying large amounts of hashing power, PLANNING, when historically NOBODY has delivered on time. Not one single company. When Cointerra or Petamine *actually* do something, then evaluate your position in Activemining, but Activemining is still in a position to become or sell a large portion of the network.

The difference between ActM and Cointerra / Hashfast is that our competitors are confirmed to be at some stage of development with their chip design company.

We have confirmed that ActM is in dialogue with eAsic on some level, but nothing more concrete than that, and there has to be a reason for it. I have no doubt that Ken would release detailed information if he could, and companies generally have every motivation to issue a press release regarding new business, but eAsic is in a unique position right now.

They have just accepted a "strategic" investment from Seagate and have committed to working with them on custom chips, etc. In addition, it seems from the eAsic website that their 28nm product is relatively new, as the only mention of it is a graphic that offers the option to register for early access.

My feeling for some time has been that eAsic simply has much larger priorities, and probably much larger customers waiting for development of new 28nm chips. The ActM account, while seemingly large in the bitcoin world must be practically insignificant when compared to enterprise level customers like Seagate. Therefore, they can't allow ActM to publicly disclose any details because it might cause difficulty with more important customers, etc.

If time wasn't absolutely of the essence, this might not be such a big deal, but with hashrate growing and competitors seemingly further along, this leaves ActM in a very precarious spot. It puts investors in an even worse position because not only do we have no idea when we might expect to be hashing, we really have no confirmation (even from Ken) that eAsic is actually under contract to produce the chips.

I satisfied myself that ActM wasn't a "scam" before I invested, and that view hasn't changed. Unfortunately that doesn't at all mean we will actually have a product in time to make a decent return, and let's be honest, the lack of any confirmation that we're under contract to produce a chip adds a level of uncertainty to this investment that wasn't contemplated a month ago.

Sure, eAsic doesn't want to disclose much about it's 28nm technology. Probably because it's not very mature. For all we know, it might not work that well yet.

But whatever. The NDA shouldn't prevent anyone from talking about PCBs, pin-outs for the chip, packaging, facilities, and all the other thing that are going to be needed to get these systems up and hashing.