Quote from: ninjarobot on September 24, 2013, 10:25:10 AM

Quote from: friedcat on September 24, 2013, 06:36:29 AM

We made an order of another brand of power chips which are about two weeks late. In October this will provide another 500TH/s (Gen1).
If any deal of ordering Gen1 chips from outside buyers via us is reached, additional orders will be made.
The size of the Gen2 order will be decided as appropriate, according to the network difficulty when it is time to finalize the order size.

Quote from: Vycid on September 24, 2013, 06:54:12 AM

Anyway, this is pretty much underwhelming. Probably gonna see a quick pop upward in the exchanges, until people realize that FC hasn't even negotiated a Gen 2 order size yet, and that AM is going to war with 500GH of 1st gen hardware (which is 2 weeks late).

I agree. Looks like AM lost their head start and is still fully focused on 130nm Gen1 hardware. That is not going to be a viable long-term strategy. Even the Gen2 products @55nm are going to be more like Gen1.5 when compared to the 28nm chips coming online in bulk from various vendors in Q4. Too little too late.

That has what has always baffled me from day 1 when FC announced Gen2 would happen Nov/Dec. I should have sold then ;-)

The huge delay in moving from Gen1 to Gen2, even when they were rolling in bitcoins to invest in the move. There must have been things holding them back, perhaps lack of expertise in China? Who knows.