Quote from: rdyoung on March 13, 2014, 02:43:38 PM

Quote from: mikemikemike on March 13, 2014, 02:05:31 PM

Quote from: Darkstone2 on March 13, 2014, 01:51:55 PM

Quote from: rdyoung on March 13, 2014, 01:23:55 AM

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.

Quote

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.

I interpreted his words exactly as they where written. If that interpretation is incorrect, you should blame the one that wrote those words, not those who merely interpreted the words.

Quote from: howardb on March 13, 2014, 05:55:21 PM

Quote from: rdyoung on March 13, 2014, 05:45:59 PM

Quote from: howardb on March 13, 2014, 05:43:40 PM

Quote from: mikemikemike on March 13, 2014, 05:29:53 PM

Quote from: howardb on March 13, 2014, 05:00:47 PM

Quote from: rdyoung on March 13, 2014, 01:23:55 AM

It is clear who here knows how businesses work and who has no clue.

Wow, all hale you. Personally I place as much emphasis on the soft factors in business as the spread sheetable snippets you seem to basing your 'intelligence' on. Things like trust, communication, integrity, ability, track record. But hey I guess that makes me a Troll in your eyes!!

i think he was calling darkstone a troll not you, which is a fair point, darkstone is the troll of trolls.

Then he needs to man up and look his enemy in the eye rather than dropping cluster bombs from 30,000 feet!

Wow, more troll BS.
How would you like to do this?
Duel at high noon on main street?
Or should we both brandish swords and fight to the death.
Or maybe we could just have a staring contest.

The Troll BS is really immature and unbecoming (Unless of course you really are immature in which case, figures!). I'm a shareholder who chose to challenge my own and your preconceptions about the business model, that simple! What i've heard so far is people like you putting their hands over their ears shouting 'troll troll troll' as evidenced by the fact that you completely missed my point on who is a customer of who. I made the argument that we 'Petamine project' are customers of Cryptx therefore to believe there is not and can never be a conflict of interest over profit, risk or even information flow, is downright naive.

I was starting to lose my hope, but it appears that there are at least some people left that have the guts to provide proper arguments rather than mindless name calling. Thank you.

Quote from: rdyoung on March 13, 2014, 06:07:39 PM

Quote from: howardb on March 13, 2014, 05:55:21 PM

Quote from: rdyoung on March 13, 2014, 05:45:59 PM

Quote from: howardb on March 13, 2014, 05:43:40 PM

Quote from: mikemikemike on March 13, 2014, 05:29:53 PM

Quote from: howardb on March 13, 2014, 05:00:47 PM

Quote from: rdyoung on March 13, 2014, 01:23:55 AM

It is clear who here knows how businesses work and who has no clue.

Wow, all hale you. Personally I place as much emphasis on the soft factors in business as the spread sheetable snippets you seem to basing your 'intelligence' on. Things like trust, communication, integrity, ability, track record. But hey I guess that makes me a Troll in your eyes!!

i think he was calling darkstone a troll not you, which is a fair point, darkstone is the troll of trolls.

Then he needs to man up and look his enemy in the eye rather than dropping cluster bombs from 30,000 feet!

Wow, more troll BS.
How would you like to do this?
Duel at high noon on main street?
Or should we both brandish swords and fight to the death.
Or maybe we could just have a staring contest.

The Troll BS is really immature and unbecoming (Unless of course you really are immature in which case, figures!). I'm a shareholder who chose to challenge my own and your preconceptions about the business model, that simple! What i've heard so far is people like you putting their hands over their ears shouting 'troll troll troll' as evidenced by the fact that you completely missed my point on who is a customer of who. I made the argument that we 'Petamine project' are customers of Cryptx therefore to believe there is not and can never be a conflict of interest over profit, risk or even information flow, is downright naive.

No, the fact that I went fishing with C4 with the "who knows business and who doesn't" along with the "those that are trolling".
And you popped up all offended at being called a troll when I did not single you at all, tells me alot. A) you are a troll trying so very hard to not be, or B) Your not so sure about your own knowledge in this arena. If neither are true, why are you so up in arms about a general troll comment?

And by the way,
my dueling comment was sarcastic, if that wasn't obvious. I should have opened and closed it with {/sarcasm} tags.

Again,
How in the hell are we customers of cryptx?
We are shareholders in petamine which is a subsidiary of cryptx?
I start rdyoung holdings, which creates rdyoung mining llc, and give you shares in rdyoung mining llc. Does that make you a customer of rdyoung holdings? NO it doesn't, even if rdyoung holding sells or rents equipment to rdyoung mining. rdyoung mining is possibly a customer depending on how you define it for tax and legal purposes, but the shareholders are still shareholders.
I would argue that you could only claim yourself a customer if you owned enough shares to flex some weight when it comes to company decisions. Until then, your still a lowly shareholder, shareholders don't have much influence or importance unless they own a majority of shares, or can bring together enough shareholders to push the board around.

You are completely missing his (and my) point. Rather than providing good arguments to fight the skepticism, everybody is running around covering his ears en yelling TROLL TROLL!! I'd say that tells a lot about the existence of those arguments..

Really, what's up with that? You can't fight skepticism by trolling back, but you can fight it by providing better arguments. What do you think will be better for the value of PETAMINE shares? 5 people screaming the word troll, or an good discussion about how the funds are allocated?

Let me ask it again nicely, who is paying for the costs of the PCB's. The shareholders? If so, how do we know we're paying a fair price for those PCB's? I haven't seen a cost breakdown yet..