Quote from: BitCsByBit on January 03, 2014, 04:45:28 AM

Quote from: jimmothy on January 03, 2014, 04:17:27 AM

Quote from: BitCsByBit on January 03, 2014, 04:08:54 AM

Quote from: jimmothy on January 03, 2014, 02:40:30 AM

Quote from: BitCsByBit on January 03, 2014, 02:32:31 AM

Seems like a lot of people are assuming that the Gen 3 will be a success.

It is still too early to make such a call considering that the Gen 2 had to be cancelled due to the under performing chip design.

Even if the Gen 3 chip does perform, there are still 3-4 months before they are implemented in functional miners, and that is a very long time in the Bitcoin world.

Could be 2 months till a working product after tape-out. Also I thought gen2 was skipped because gen3 looked so much more promising. Knc is probably the biggest competitor and they will probably ship at the end of q2.

Gen 2 was skipped/cancelled due to the poor performance. Have a look back at friedcat's posts.

Source?

I found this:

Quote from: Jutarul on November 22, 2013, 06:18:16 PM

Quote from: chriswilmer on November 22, 2013, 06:06:12 PM

Quote from: darkip on November 22, 2013, 06:04:35 PM

Quote from: romerun on November 22, 2013, 06:03:05 PM

so Gen2 is skipped?

I'd also be very interested to hear the answer to this.

It's frustrating seeing responses which indicate that all the questions in this thread are being read, yet ignored.

Yes, it was skipped. FC mentioned this in the past. Apparently the performance wasn't as good as they hoped and they just decided to move on... probably a good move.

According to friedcat Gen2 is not worthwhile for 2 reasons:
1) Gen2 would come out relatively late due to some factors outside of AM's control
2) Gen3 shows promising results and the roll-out seems to be better/more reliably organized

Thus funds are better to be spent on Gen3 hardware. The production schedule will depend on a risk/reward ratio determined by friedcat. Deviations from the schedule need to be anticipated when rolling out a new product technology, so hedge accordingly when speculating on AM.

I'm surprised you are asking as not too long ago you said this:

Quote from: jimmothy on December 16, 2013, 10:30:06 AM

The reason we are seeing such a price dip is because gen2 chips from AM were skipped which lead to a long gap between new hardware. The reason it was skipped was due to unsatisfactory performance and FC believes gen3 is more promising. Also by skipping gen2, gen3 will arrive sooner.

Exactly. Gen2 was skipped because gen3 looked more promising. The only reason it was deemed unsatisfactory performance was because it was compared to gen3.

It is not like somewhere along the design process gen2 completely failed. I believe delays are what made gen2 impractical and it is much more likely that delays happen with gen3 than design failure.