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Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
by
deizel
on 25/11/2013, 16:11:08 UTC
Why are you using september 19'th as date?
AcTM reached it's funding goal to provide funds for the NRE on July 19th.

My apologies, didn't have the clearest head this Monday morning... I don't know why I used that date.

The eASIC announcement didn't even come until Sept. 5th. This had to have been close to the time the NRE was paid.

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

Al right!
Using september 4'th as base and adding 9 weeks gives us: November 6'th (Chip samples delivered).
Adding 12 weeks gives us: November 27'th (Low-volume chip production starting).
Adding 16-18 weeks: December 25'th - January 8'th, with observation to christmas holidays (Normal volume chip production).

Now, this seems more concrete - it would be safe to assume a press release like this wouldn't exist until payment.

The question is, how long from press release (Thursday) to work commencing (?) - eASIC have other customers right?

Let's be lenient and give eASIC a full working week to clear any backlog before starting the project on Monday, September 16.

9 working weeks later would be last Monday (November 18) - but only if eASIC worked through the three public holidays in the US.

Assuming they don't just drop everything for us and allow their staff take holidays, Ken won't have chips in hand yet.

(Maybe they started before the press release but we don't know that. Communication from kslaughter and ffssixtynine indicate "end of November")