Post
Topic
Board Securities
Re: [HAVELOCK] AlcheMiner Scrypt ASIC
by
AlcheMinerIR
on 06/07/2014, 22:52:57 UTC
Hi All,
Thanks again for your patience. AlcheMiner is happy to provide the following update!

  • The multimillion dollar order that was referenced earlier has been closed and paid
  • This pre-order payment made up for the lack of funds that would have been raised by the IPO and used for the payment to the foundry
  • Chips have been taped out to TSMC
  • Chips are expected to be delivered late July or early August
  • Assembly will take three days, so shipping is expected in early August
  • Luckily, the chips are expected to outperform initial specifications, so keeping the promised hashrate increase for August shipping should not affect the company's bottom line
'

Additional updates will be forthcoming!