Quote from: S M I L Y on March 29, 2014, 04:32:09 PM

Quote from: RoadStress on March 29, 2014, 12:57:20 PM

Quote from: S M I L Y on March 29, 2014, 05:51:11 AM

ALL of these companies Im sure have trays of chips sitting on shelves doing nothing. Their issues are that they cant build boards fast enough, or they dont know how to properly design a power regulator, or they cant cool the chip they designed.

Thank you cedivad for pointing this. Somehow i didn't even read it the first time. All i can say is WOW. You are a tard troll from my point of view after reading this. So KnC announces that they will have a 10 MW datacenter ready in a few months and you are telling us that "ALL" companies have chips doing nothing and that they can't build boards fast enough? O'RLY??? How does this picture look to you? So sick of dumbfucks who can't even do a little research before talking out of their ass...

Edit:

Quote from: starsoccer9 on March 29, 2014, 12:51:22 PM

EXTRA EXTRA Read all about it, Court freeze's hashfast's Wallet, http://www.coindesk.com/court-grants-order-freeze-hashfasts-bitcoin-wallets/

Who is Cypher Enterprises? The name reminds me of cypherdoc and that's so funny...

Well then, would you care to take a stab at why so many of these startup bitcoin ASIC companies cant get product out the door? Any why they want to sell chips?

Who goes out and spends millions on NRE for a 28nm ASIC with the intention to screw people over by not shipping product?

Make no mistake, I am in no way condoning the ignorance and incompetence that many of these companies exhibit. I have been screwed over by almost all on the list that I listed... which is how I have first hand knowledge of why each of them has had issues.!

It's happening because they aren't good enough to do what they say they will do, and they do it because it doesn't cost them anything. they get marks to pay off all the expenses up front, give themselves a nice salary while they try, and then disappear or eventually come up with a machine that took so long to make that it will never ROI.

In the real world these guys would try to make a miner, take so long that it wouldn't be profitable, and we'd never hear from them. For some reason, in the bitcoin world people bankroll them from the start, so they try to make a bunch at a time before they even know how to make one. Now, since they have enough money to make all of them (if they get that far) they send out useless machines that people will plug in to try and make back some of their investment, raising the difficulty, and making this situation that much harder for the next person to make a miner.