Quote from: Entropy-uc on December 19, 2013, 09:32:22 PM

Quote from: Bargraphics on December 19, 2013, 09:17:12 PM

Quote from: Entropy-uc on December 19, 2013, 09:12:30 PM

Quote from: thefunkybits on December 19, 2013, 09:06:45 PM

Quote from: ActiveMining-PR on December 18, 2013, 11:38:54 PM

Weekly Update 12/18/13

Crypto-Trade:

I have all of the legal issues worked out, and I am programming them into the verification site.

VMC:

We are working with eASIC and our engineers to get our chip and boards in full production.

We have stock piled all the hardware to build the miners and we are per-assembling the miners.

Quoting this again so you people don't forget.

This is Bullish as fuck

LOL.

You all have been eating too many strange mushrooms.

There is nothing bullish about a promise of inefficient silicon coming someday, when 2 28 nm suppliers are showing pictures of their 30x faster hardware and promising shipment within days.

I thought you kids were delusional back in May. Now it's just getting to be sad.

I'm just happy you can't do math or understand the basic fundamental principals of having hardware at cost.

Proceed to being ignorant!

Please Mr. Math Wizard edumacate me!

Show me the fantastic cost advantage you will have some day. Remember to account for:
1. The vastly lower silicon density of an easic
2. Easic's markup of silicon costs to AMC
3. The much higher power consumption of easic, which leads to higher costs for facilities, cooling and operations
4. The cost of boards, cases and power supplies for chips that are 30x slower than Hashfast and CoinTerra

I did the math back in April. Hardware at cost does nothing for you when cost is greater than retail pricing for a real 28 nm.

Then why are you here?
Why spend time in this thread if you are not invested/do not plan on investing?
I don't buy it when people say they are here to tell me I have done a bad investment and they have nothing to gain in spending time informing me about it.