There's a huge red flag here in Ken's latest posting for anyone who actually thinks he is serious about delivering 1-2 Ph/s in Q2 of this year. He says "
getting us on the February run at UMC". In a fab wafer starts happen every day. A fully operational fab runs ~20000 or more wafers per month in lots of 25 wafers. For a normal start there is no particular 'run' to catch, and certainly no monthly run. There is one type of operation that does happen on a monthly basis; shuttle runs.
A shuttle a wafer build with shared mask space. Your design is put on the masks along with many other people's in order to reduce costs and risk when testing if your design works. It's a way of test driving your design without the huge risk of paying for a full mask set. But, in exchange you only get a few hundred test chips for evaluation.
So, if that is what Ken is doing, he would get a couple hundred chips at the end of April and be able to use them to validate his design. If they worked, it would take another 60-90 days before a full mask set could be built a wafers could be completed to produce anything more than a couple Th/s of devices.
... After the program verifies your shares, we will send a list of verified shareholders to CT, where they will create the account if not already created and add the verified number of shares to the account.
So you haven't even started the process yet?
Yes, I have been working on it for awhile; however, the trip to the west coast to get the 55nm chip, working with eASIC to change to a custom 28nm chip,
getting us on the February run at UMC so that we could have chips in mid april has been my priority this month.