Those that are trolling against peta, do they not know that it appears that everyone is having issues deploying 28nm tech.
Can someone name 1 chip/hardware manufacturer that has never had any setbacks or delays when producing hardware?
I can recall only 1 delay in the history of intel chips, where a critical bug was detected in the Sandy bridge chipset 2 of 3 days after shipping.
I know what you're thinking. Intel had plenty of delays. That is probably true, but there is 1 critical difference: intel doesn't announce a launch date until they are sure they can meet it. In contrast to, for example, BFL. I think that the word 'setback' is too kind because they are just lying against customers, promising ship dates that are unrealistic.
Also, cut the constant name calling.
1 last thing that speaks to the professionalism NOT amateur nature of cryptx/petamine. Found this on their website.
To ensure a fast deployment at a low cost, we decided to produce our own mining hardware based on the A1 chips. To accomplish this, we have currently 3 teams working on 3 different designs. We will choose the most optimal design in terms of costs and convenience for our production.
They are working on 3 different pcb designs at once. That to me screams professionalism and that they know the issues that can arise and are attempting to avoid them.
Designing a PCB is not the hard thing. Designing a chip is. Also they are designing a PCB.. with whose money exactly? The IPO doesn't mention cost for designing PCB's.
your comparing intel with bitcoin ASIC manufacturers? you know exactly what he meant.
nice try douchebag.
This is why I refer to them as trolls.
We are discussing asics and btc mining and they bring up intel, same as if we were discussing issues with the supply chain in the coffee sector and they bring up bananas.
I would bet my all of my btc that when working on shrinking die sizes intel/amd/samsung, etc have had and will have many delays in chip design/production.
Now with bitmine and 28nm they have the chips ready to go, they have had to redesign the pcb same as cointerra, i think they are on redesign #3 if I am not mistaken. So PCB design isn't all that easy it turns out. From what I can gather this is what slowed down their production lines. And going by the drop off in difficulty increase, looks like there are plenty of bad pcbs to go around.
As for the IPO, this is where people are confused.
Crypt/Petamine came out of their own pocket to broker the deals with cointerra and bitmine as well as purchase the datacenter.
The IPO was in essence a way for them to repay the loan to themselves and give us a piece of the action.
They did NOT have to do this, they could have just kept the mine to themselves.