Quote from: clenell on January 08, 2014, 08:40:13 PM

Quote from: Mblackout on January 08, 2014, 07:30:40 PM

I did speak to AMT the other day. Jim confirmed they ware waiting for the A1 chips to arrive before the 1.2 TH miners go into production.

no eta provided.

at least he answered you Shocked

I have accepted that this process (ASIC hardware manufacturers taking orders, accepting money, and claiming delivery dates that are never met) is pretty much ASIC industry standard. I have posted multiple times on this forum about my having to wait 7 months on BFL, at least 4 months late. Of course everyone knows about AMT on this forum. I am also waiting on Cointerra, which originally gave their first two shipment windows as "Late December and Early January", neither of which appear about to ship.

I am not posting this to be negative, but to point out that it truly appears to consistently be a much greater challenge to pull off the "planned" ASIC hardware delivery time than the manufactures initially envision. A lot of this has to do with product delivery; of course AMT cannot deliver the 1.2's until they get their inventory. If any link in the chain breaks, there is yet another delay.

However, all that said, there is a positive note to all of this (as minimal as it may seem now): A 28nm ASIC will be a good income stream for quite a while, as long as Bitcoin remains financially viable. In the short 10 months I have dabbled in this business I have come to realize that this is becoming a long-term business plan on my part, not a get rich quick scheme. The market has a way of spreading out the money, but for someone that has long-term vision, a very, very strong income stream within 6 to 7 months of investment is very doable, and I have no reason to have my lip stuck out over that time frame....that's lightening speed in today's business investment world, not to mention the incredible rate of return!

So, as I "watch" people go bananas over their order(s), thinking about this as a long term business plan helps keep one's sanity. Wink

russellthies

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