Quote from: minerpumpkin on November 19, 2013, 12:03:16 AM

Quote from: jimmothy on November 18, 2013, 11:58:12 PM

FC in the interview announced that he plans to have gen3 28nm chips by feb if I remember correctly and gen2 40nm will come before that. All of which will be used for both sales and solo immserion cooled mining.

That would be a plan I like to see happening. Do you've got a link to the interview/report??? I think I've missed that, sounds like a good read

Where have you been?

unless you know Chinese ...

http://v.youku.com/v_show/id_XNjI1OTIxMTc2.html

Quote from: realdos on October 25, 2013, 02:53:15 AM

A brief translation is as below:

1. Franchising: Only board members are allowed to become franchised partners. Their AM stocks are sent to FC as collateral in exchange for the ASIC devices. The devices are deployed by partners and 80% of the revenue generated by those devices is owned by FC.

2. FC has access to lower electricity cost which would be a big advantage compared to competitors outside China.

3. The estimated network hashrate of 1000p in 2014 is from a pessimistic point of view. Although it may not reach that level of hashrate by the end of 2014, FC would take it as a possible result and get well-prepared for it.

4. The immersion technique FC invented is a break-through compared to traditional one. This new technique would be of great help to the deployment of the new Gen chips.

5. FC didn't sell his AM stocks at the peak of its price. When asked in the interview why he didn't cash out, he responded that if he sold out the shares, people who bought them would make him work for them. He would like to only work for himself.