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Re: [ActiveMining] The Official Active Mining Discussion Thread
by
Mabsark
on 02/09/2013, 12:58:51 UTC
So, where are you expecting this 50K to come from and in when are you expecting it?

75% of the 50K comes from hardware sales.

The Avalons we didn't receive are a drop in the ocean. Would they have even made ROI?

Some/all of the refund money may still come as dividends, though many suggest we reinvest it instead.

Avalon update-

Ken has requested of Yifu to refund his orders for Avalon chips:
ORDER   DATE   STATUS   TOTAL
#10473  June 1, 2013  Sample-chip-shipped  782.10 for 1 item

#10409  May 28, 2013  Sample-chip-shipped  782.10 for 1 item

I'm not talking about Avalon chips, I'm talking about the 28nm chips. Samples from them will arrive around the beginning of November. Low volume production will start around the beginning of December and normal volume production will start around the beginning of February.

Until ActM get those samples in November, they're stuck at 430 Gh/s and have no mining hardware to sell apart from the 6 Avalons producing that 430 Gh/s. So, where exactly is this 50K/month going to be coming from when they don't have any ASIC yet and won't have any significant quantity till December?