https://bitcointalk.org/index.php?topic=99497.msg1819469#msg1819469
Update
Deploying
At the same time waiting for the new place's power supply system and our second batch's assembly, we have tested the fully enclosed rack approach, which turned out to be denser and has better cooling over the devices.
The projected earliest date to start installing new hardware and releasing brand new hashrates is 22th this month. The whole deploying process will take at least two weeks, with the final hashrate decided by how much we are going to sell to consumers and how much we will keep for ourselves.
Device Selling
Apart from the same boards we use for mining, we also have an adapted version of the mini boards which we used at early January for our first arrived chips that are nice as small gifts. Here is a picture of a not-yet-assembled one with 300MH/s. It can be powered by merely the USB port:
Since the most important mission of ASICMINER is the maximization of profits for shareholders and the security of the network (hashrates should be in hand of good people and decentralization has to be preserved), we will balance the ratio of kept and distributed hashrates based on our portion and the market price of devices.
Financials and Business Plan
We are always aware of the openness and transparency of how we operate. We keep almost if not all the agreements, trading receipts and bank/exchange records, which could be used for restoring a full history of financial report when put in the hands of an accountant with some knowledge of Bitcoin and some of our help. Sooner or later it has to be done, and most likely it would be in the period between the next batch and later batches, during which we will expand our core team with both technical and financial people.
We will start a google-doc-based business plan for us and all board members to edit and update. I will make a stub version as a basis for extending and modifying first this week.
The ASICMINER Project
