Post
Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
by
deizel
on 14/10/2013, 11:52:33 UTC
Ken posted this on 19th septemeber


What are the current plans for chip development?
ActiveMining is developing a 28nm Bitcoin mining chip using eASIC.

    Chip samples delivered in 9 weeks;
    Low-volume chip production starting in 12 weeks, using an e-beam process;
    Normal volume chip production starting in 16-18 weeks.


This should mean we have chip samples at end of Nov and won't be hashing fully till Jan. Can you confirm this is accurate Ken or have things changed?

The timing of sample chips (end of Nov) seems correct given the following statement from last month:

eASIC press release:

http://virtualminingcorp.com/pr130904.pdf
http://www.easic.com/vmc-uses-easic-to-achieve-24-756-ths-bitcoin-miner/

Additional important news for shareholders from Ken via the Advisory Board:

First units on schedule for second half of November.

PR will post this formally shortly (re: press release)

Also, it seems some customers will have equipment in hand before January:

I tried to place an order but the approx delivery is 31 December.
"Approximate date of delivery with this carrier is between Tuesday 31 December 2013 and Thursday 2 January 2014 * "
Is this Right??

Thank You

This is what our shopping cart is estimating, based on the pre-order queue.  It should be before this date.

I think it's safe to say we will be mining before customers.