I read the Custom hardware forum daily and i'm impressed how new people who never post here come and praise the VMC company only with language skills and zero technical stuff. The company may be legit, but this fact along with the self-moderated topics seems very very fishy to me.
They're ActM shareholders that believe it's in their self interest to pimp for ken as they believe he'll toss them a few satoshis when he gets his paycheck from VMC's lackluster pre-orders.
We only get dividends when the products are shipped, so obviously we believe strongly that he will deliver, and there is no reason to think he won't do it on time (the queue is still very small and eASIC is a very reputable for being timely, so it will be fast)No, dividends are paid from a proportion of profit, which means sales need to be some way into 7 figures ($$$), which we're way off. Simple maths. Besides, at these prices I'm dubious about profitability until very large chip orders can be made of easic. If VMC can sell lots of chips to eg ex Avalon people then this is totally doable, but there we hit my bug bear which is marketing failures (IMHO). If ActiveMining fails, that's going to be why.
Mining income is different but that's a while away afaik (no insider info but it can't be done until December earliest given the schedule).
Also, eASIC don't make chips. They have a wonderfully fast design system but the fab will be external.
I never said we were getting full profit. I knew we were getting a proportion. And I never said eASIC is fabricating the chips either (check out the globalfoundaries video I posted). I simply said they are going to be timely. Their design process is an important factor in getting things up and running fast.