Quote from: stenkross on December 06, 2013, 02:53:13 PM

Quote from: zumzero on December 06, 2013, 02:34:27 PM

The chip delay would have been less to do with incompetence and more a business decision. A very difficult one at that. Ken would have known the shit storm announcing a chip delay would cause, but non the less decided to push forward with a risky but brave move to sacrifice short term gains for long term reward. I expect we will look back at this and realise how pivotal that decision was.

Do you really think that a 20% speed increase is worth delaying chips for weeks or months (this is a legit question)?
Last difficulty increase alone was 16%, so it is "eaten up" by a few weeks of mining.
I believe it is far more likely that the chips were fucked up in some way, and he had to redo the process (or part of the process).
The fact that he found some way to improve them by 20% was merely a bonus and a convenient excuse.

Quote from: zumzero on December 06, 2013, 02:34:27 PM

Ultimately Ken is either lying to us and it has all been one elaborate scam, or he's doing what he's saying and getting the job done. Because I believe it's the latter, and because Intellihash is a win-win it is very easy for me to believe that someone as driven as Ken who wants the biggest mining farm in the world could make it a reality. Ken's drive to prove to the community that he could do what he said he would, is what is likely to make everyone here plenty mulla.

I don't think he is a scammer, if he were, he would have left long time ago.
And it's great that you believe in him. I used to believe in him too, however his lack of coummunication is worrying to say the least.

If I am proven to be wrong regarding Ken, I will gladely apologize to him and anyone else who I might offend.
But right now I'm gonna place myself in the 'sceptic corner' and not trust a single word from Ken unless there is some kind of proof backing it up.

(no, I'm not looking to buy more shares, I already have waaaay more than I wish I had counting in fiat terms)

It would not make sense to delay the chips for 20% extra performance. It would make sense to delay them for a feature Intellihash brings, which is to be able to increase the speed of the machines as difficulty goes up. The question is, what percentage extra performance is the right number to justify the chip delay?

Quote from: zumzero on December 06, 2013, 11:55:14 AM

We've always known that our chips are overclockable from 16 gh/s to 20 gh/s.

I'm reading that Intelihash will bring something extra to the party. A 20% one off over clock isn't the 'game changer' that is being implied imo.

Remember Ken said we knew we were unlikely to make ROI months ago, and went back to R&D so that we could take on the 400 Gh/s and 500 Gh/s chips.

If Intellihash is to turn out to be our 'secret ingredient' then it's vital that we stay one step ahead of our competitors and remain in the dark for now.

Intellihash(tm)

Intellihash is our new trademark for our new Bitcoin mining software which gives up to a 20% increase in hashing speed and has the possibility to increase the speed of our mining machines as the difficulty goes up. We have had to modify the software in our chips to make it work with our new software. The chips are going to be late; however, our new Intellihash software could be a game changer for the company.