Yay! Sold high, bought back low! In November Active Mining will be HIGH!
The price will drop to around 0.001 BTC over the next 2 weeks and stay there until November. Then it'll rise to a high. May as well take your money out and make some profit from it till then instead of letting it stagnate.
Can we get the labcoin pump crap out of here.
Here's my speculation I think we will get concrete results from the easic deal confirmed via ken this week.
I don't understand what you guys are expecting from such a press release. Ken has already stated in the second post on the official thread that sample chips would be received 9 weeks after NRE costs were paid. If those cost were paid at the beginning of August, then the samples should arrive early to mid October. If the NRE costs were paid towards the end of August, samples should arrive at the beginning of November.
So, let's say eASIC confirmed the deal with ActM this week, the sample chips still wont arrive for another 5 weeks at minimum. What are you expecting the results of such news to be? A major price increase? When there's nothing to show for at least 5 weeks?
5 weeks isn't exactly a lifetime I'll survive
Sure, you'll survive, but ActM is unlikely to prosper during that period of stagnation.
I believe your timeline is off. I've stated my own prediction in the main thread, I believe.
Here's what you said:
That gives targets of:
* November for samples,
* December for low volume production,
* February for mass production.
So they will have their inefficient FPGA copy-paste chips later than the competition? And that's if everything goes well?* November for samples,
* December for low volume production,
* February for mass production.
https://bitcointalk.org/index.php?topic=252531.msg3027753#msg3027753
"We are allowed to confirm that the BTC were converted some time ago and the
board designs are in progress."
Exhibit A.)
If we in the board design stage I believe we are somewhere in Floorplanning. If you count up the segments of the design flow you'll see we have nine stages in an 8-10 week process, so I think it's fair to say that each phase takes an average of around a week. So ActM is likely 2-3 weeks deep into production process that, max, takes 10 weeks. I estimate that we started production on August 5 (I think Ken's "quite some time ago" and the speed at which TradeHill can convert BTC to USD would agree with this estimation.) Lets assume a full 10 weeks from Aug 5. That places tape-out between October 7th and 14th.
Meaning we can start manufacturing the FastHash and start shipping chips for income and dividends somewhere in early to mid October. I'd say we could be shipping devices by the end of November.