Statistical modeling of PoS systems with Tarun Chitra
Zero Knowledge
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ASIC Mining - What Happened in 2011?
The ASIC world is if you have an order that's not super large and you want to go to the most kind of the smallest feature size, the smallest physical size per transistor. You oftentimes can't get one of the big manufacturers, TSMC or Samsung, to listen to you unless you have like around a billion dollars. So we made this one year, $100 million of chips or a little less than that. It wasn't big enough to merit us, TSMC even saying hi to us. And what happened in 2011 was there was, we had the supplier that kind of started ghosting us and didn't deliver on their orders. They just kind of ghosted us and then
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