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Re: ASICMINER news June 29, 2013, 10:09:19 AM

Last edit: June 29, 2013, 10:54:34 AM by weep #13 3.4BTC * 400,000 = 1360,000BTC

> 0.136 billion USD



Q: How much hashing power does Bitfountain plan to deploy within this year?

Friedcat: 800-1000T within this year.



Q: What are the specs of the second batch? When will the mass production begin?

Friedcat: The exact numbers will only be known when the chips are out of fab, currently we only have simulated results. Mass production will be in October the earliest.



Q: What would be the physical address of the offshore company be to registered?

Friedcat: It will be on an island where financial freedom is more possible to achieve.



Q: Do you have plans for the future other than mining and selling hardware?

Friedcat: ASICMINER's business is confined within mining and selling mining hardware. We might do some

periphery work, but that won't be too distant.



Q: What kind of investors or business partners are you keeping in touch with?

Friedcat: We currently don't accept external funds, so there is no private investors. The partners we keep in touch with are mostly tech related.



Q: After the batch shipping from Avalon and BFL, how would the manufacturers in Shenzhen compete with them?

Friedcat: Our advantage to manufacture chips at the cost price is invincible.



Q: Are you hiring? What kind of people do you need?

Friedcat: We need people specialized in analog electronics, but we don't put much hope in finding this kind of people within China.



Q: Any plans or strategies that are suitable for the public to know?

Friedcat: We will be focusing more on the area that we have the most advantage in. It depends on whether we have more advantage in chip design or the ability to deploy fast.



Q: Why the hashing power of AM is not stable?

Friedcat: The variance of solo mining itself is relatively huge. And the whole network is being DDOS'ed lately, the 0.8.3 version of the software has fixed some bugs so as to prevent DDOS.

