Here's the initial portion of console output, with only a couple of
minor redactions related to keys, hostname, MAC address.

The most important bit is:

ip: SIOCGIFFLAGS: No such device
Error getting hardware address for "dhcp": No such device

Where the "ip=dhcp" kernel is not being processed correctly per kernel
documentation - see
https://www.kernel.org/doc/Documentation/filesystems/nfs/nfsroot.txt

=== CUT HERE===
[    2.179049] registered taskstats version 1
[    2.179074] Loading compiled-in X.509 certificates
[    2.179821] Loaded X.509 cert 'Build time autogenerated kernel key: REDACTED'
[    2.179848] zswap: loaded using pool lzo/zbud
[    2.190763] Key type trusted registered
[    2.195735] Key type encrypted registered
[    2.195747] AppArmor: AppArmor sha1 policy hashing enabled
[    2.195753] ima: No TPM chip found, activating TPM-bypass!
[    2.195778] evm: HMAC attrs: 0x1
[    2.213710] blkfront: xvda1: barrier or flush: disabled; persistent grants: 
disabled; indirect descriptors: enabled;
[    2.218079] blkfront: xvdb: flush diskcache: enabled; persistent grants: 
disabled; indirect descriptors: enabled;
[    2.292145]   Magic number: 1:252:3141
[    2.292190] hctosys: unable to open rtc device (rtc0)
[    2.292239] BIOS EDD facility v0.16 2004-Jun-25, 0 devices found
[    2.292244] EDD information not available.
[    2.292964] Freeing unused kernel memory: 1480K (ffffffff81f41000 - 
ffffffff820b3000)
[    2.292973] Write protecting the kernel read-only data: 14336k
[    2.296529] Freeing unused kernel memory: 1868K (ffff88000182d000 - 
ffff880001a00000)
[    2.296620] Freeing unused kernel memory: 176K (ffff880001dd4000 - 
ffff880001e00000)
Loading, please wait...
starting version 229
[    2.337933] random: udevadm urandom read with 7 bits of entropy available
[    2.595423] SSE version of gcm_enc/dec engaged.
Begin: Loading essential drivers ...
[    3.942253] md: linear personality registered for level -1
[    3.954483] md: multipath personality registered for level -4
[    3.957749] md: raid0 personality registered for level 0
[    3.975096] md: raid1 personality registered for level 1
[    4.059760] raid6: sse2x1   gen()  3697 MB/s
[    4.124589] raid6: sse2x1   xor()  3003 MB/s
[    4.192058] raid6: sse2x2   gen()  4609 MB/s
[    4.260062] raid6: sse2x2   xor()  3242 MB/s
[    4.335089] raid6: sse2x4   gen()  5511 MB/s
[    4.400055] raid6: sse2x4   xor()  3912 MB/s
[    4.400061] raid6: using algorithm sse2x4 gen() 5511 MB/s
[    4.400064] raid6: .... xor() 3912 MB/s, rmw enabled
[    4.400068] raid6: using ssse3x2 recovery algorithm
[    4.407087] xor: measuring software checksum speed
[    4.468056]    prefetch64-sse:  8536.000 MB/sec
[    4.524066]    generic_sse:  8099.000 MB/sec
[    4.524076] xor: using function: prefetch64-sse (8536.000 MB/sec)
[    4.527357] async_tx: api initialized (async)
[    4.548551] md: raid6 personality registered for level 6
[    4.548560] md: raid5 personality registered for level 5
[    4.548564] md: raid4 personality registered for level 4
[    4.595063] md: raid10 personality registered for level 10
done.
Begin: Running /scripts/init-premount ... done.
Begin: Mounting root file system ... Begin: Running /scripts/local-top ... done.
Begin: Running /scripts/local-premount ...
[    4.687584] Btrfs loaded
Scanning for Btrfs filesystems
done.
Warning: fsck not present, so skipping root file system
[    4.809766] EXT4-fs (xvda1): mounted filesystem with ordered data mode. 
Opts: (null)
done.
Begin: Running /scripts/local-bottom ... done.
Begin: Running /scripts/init-bottom ... 0
Internet Systems Consortium DHCP Client 4.3.3
Copyright 2004-2015 Internet Systems Consortium.
All rights reserved.
For info, please visit https://www.isc.org/software/dhcp/

ip: SIOCGIFFLAGS: No such device
Error getting hardware address for "dhcp": No such device

If you think you have received this message due to a bug rather
than a configuration issue please read the section on submitting
bugs on either our web page at www.isc.org or in the README file
before submitting a bug.  These pages explain the proper
process and the information we find helpful for debugging..

exiting.
Internet Systems Consortium DHCP Client 4.3.3
Copyright 2004-2015 Internet Systems Consortium.
All rights reserved.
For info, please visit https://www.isc.org/software/dhcp/

ip: SIOCGIFFLAGS: No such device
ip: either "dev" is duplicate, or "permanent" is garbage
no link-local IPv6 address for dhcp

If you think you have received this message due to a bug rather
than a configuration issue please read the section on submitting
bugs on either our web page at www.isc.org or in the README file
before submitting a bug.  These pages explain the proper
process and the information we find helpful for debugging..

exiting.
0
Warning: overlayroot: debug is busted
done.
[    5.649291] systemd[1]: systemd 229 running in system mode. (+PAM +AUDIT 
+SELINUX +IMA +APPARMOR +SMACK +SYSVINIT +UTMP +LIBCRYPTSETUP +GCRYPT +GNUTLS 
+ACL +XZ -LZ4 +SECCOMP +BLKID +ELFUTILS +KMOD -IDN)
[    5.649334] systemd[1]: Detected virtualization xen.
[    5.649344] systemd[1]: Detected architecture x86-64.

Welcome to Ubuntu 16.04 LTS!

[    5.667973] systemd[1]: Set hostname to <REDACTED>.
[    6.134524] systemd[1]: Listening on LVM2 metadata daemon socket.
[  OK  ] Listening on LVM2 metadata daemon socket.
[    6.134703] systemd[1]: Reached target Swap.
[  OK  ] Reached target Swap.
[    6.134840] systemd[1]: Started Forward Password Requests to Wall Directory 
Watch.
[  OK  ] Started Forward Password Requests to Wall Directory Watch.
[    6.134971] systemd[1]: Listening on udev Control Socket.
[  OK  ] Listening on udev Control Socket.
[    6.135439] systemd[1]: Created slice User and Session Slice.
[  OK  ] Created slice User and Session Slice.
[    6.135817] systemd[1]: Created slice System Slice.
[  OK  ] Created slice System Slice.
[    6.135944] systemd[1]: Listening on /dev/initctl Compatibility Named Pipe.
[  OK  ] Listening on /dev/initctl Compatibility Named Pipe.
[    6.136029] systemd[1]: Reached target Encrypted Volumes.
[  OK  ] Reached target Encrypted Volumes.
[    6.136146] systemd[1]: Listening on LVM2 poll daemon socket.
[  OK  ] Listening on LVM2 poll daemon socket.
[    6.136268] systemd[1]: Listening on Journal Socket (/dev/log).
[  OK  ] Listening on Journal Socket (/dev/log).
[    6.136341] systemd[1]: Reached target Slices.
[  OK  ] Reached target Slices.
[    6.136457] systemd[1]: Listening on Journal Socket.
[  OK  ] Listening on Journal Socket.
[    6.137777] systemd[1]: Starting Uncomplicated firewall...
         Starting Uncomplicated firewall...
[    6.165280] systemd[1]: Starting Load Kernel Modules...
         Starting Load Kernel Modules...
[    6.168581] systemd[1]: Mounting POSIX Message Queue File System...
         Mounting POSIX Message Queue File System...
[    6.170211] systemd[1]: Mounting Huge Pages File System...
         Mounting Huge Pages File System...
[    6.174990] systemd[1]: Mounting Debug File System...
         Mounting Debug File System...
[    6.214473] systemd[1]: Starting Nameserver information manager...
         Starting Nameserver information manager...
[    6.215869] systemd[1]: Starting Remount Root and Kernel File Systems...
         Starting Remount Root and Kernel File Systems...
[    6.217367] systemd[1]: Starting Create list of required static device nodes 
for the current kernel...
         Starting Create list of required st... nodes for the current kernel...
[    6.231132] systemd[1]: Listening on Device-mapper event daemon FIFOs.
[  OK  ] Listening on Device-mapper event daemon FIFOs.
[    6.233429] systemd[1]: Starting Monitoring of LVM2 mirrors, snapshots etc. 
using dmeventd or progress polling...
         Starting Monitoring of LVM2 mirrors... dmeventd or progress polling...
[    6.233652] systemd[1]: Listening on Journal Audit Socket.
[  OK  ] Listening on Journal Audit Socket.
[    6.233995] systemd[1]: Set up automount Arbitrary Executable File Formats 
File System Automount Point.
[  OK  ] Set up automount Arbitrary Executab...ats File System Automount Point.
[    6.235807] systemd[1]: Created slice system-getty.slice.
[  OK  ] Created slice system-getty.slice.
[    6.348798] systemd[1]: Created slice system-serial\x2dgetty.slice.
[  OK  ] Created slice system-serial\x2dgetty.slice.
[    6.357792] systemd[1]: Listening on Syslog Socket.
[  OK  ] Listening on Syslog Socket.
[    6.359141] systemd[1]: Starting Journal Service...
         Starting Journal Service...
[    6.359248] systemd[1]: Reached target User and Group Name Lookups.
[  OK  ] Reached target User and Group Name Lookups.
[    6.359414] systemd[1]: Listening on fsck to fsckd communication Socket.
[  OK  ] Listening on fsck to fsckd communication Socket.
[    6.359533] systemd[1]: Listening on udev Kernel Socket.
[  OK  ] Listening on udev Kernel Socket.
[    6.359929] systemd[1]: Created slice system-systemd\x2dfsck.slice.
[  OK  ] Created slice system-systemd\x2dfsck.slice.
[    6.374008] systemd[1]: Mounted Huge Pages File System.
[  OK  ] Mounted Huge Pages File System.
[    6.374790] systemd[1]: Started Uncomplicated firewall.
[  OK  ] Started Uncomplicated firewall.
[    6.388849] systemd[1]: Mounted POSIX Message Queue File System.
[  OK  ] Mounted POSIX Message Queue File System.
[    6.389077] systemd[1]: Mounted Debug File System.
[  OK  ] Mounted Debug File System.
[    6.390854] systemd[1]: Started Create list of required static device nodes 
for the current kernel.
[  OK  ] Started Create list of required sta...ce nodes for the current kernel.
[    6.410285] Loading iSCSI transport class v2.0-870.
[    6.450186] EXT4-fs (xvda1): re-mounted. Opts: discard
[    6.455870] systemd[1]: Started Remount Root and Kernel File Systems.
[  OK  ] Started Remount Root and Kernel File Systems.
[    6.457163] systemd[1]: Started Nameserver information manager.
[  OK  ] Started Nameserver information manager.
[    6.564596] iscsi: registered transport (tcp)
[    6.575947] systemd[1]: Starting udev Coldplug all Devices...
         Starting udev Coldplug all Devices...
[    6.578624] systemd[1]: Starting Load/Save Random Seed...
         Starting Load/Save Random Seed...
[    6.592129] systemd[1]: Starting Create Static Device Nodes in /dev...
         Starting Create Static Device Nodes in /dev...
[    6.658178] systemd[1]: Started LVM2 metadata daemon.
[  OK  ] Started LVM2 metadata daemon.
[    6.692951] systemd[1]: Started Journal Service.
[  OK  ] Started Journal Service.
         Starting Flush Journal to Persistent Storage...
[    6.757637] systemd-journald[384]: Received request to flush runtime journal 
from PID 1
[  OK  ] Started Flush Journal to Persistent Storage.
[  OK  ] Started Load/Save Random Seed.
[  OK  ] Started udev Coldplug all Devices.
[    6.888413] iscsi: registered transport (iser)
[  OK  ] Started Create Static Device Nodes in /dev.
         Starting udev Kernel Device Manager...
[  OK  ] Started Load Kernel Modules.
         Mounting FUSE Control File System...
         Starting Apply Kernel Variables...
[  OK  ] Mounted FUSE Control File System.
[  OK  ] Started Apply Kernel Variables.
[  OK  ] Started udev Kernel Device Manager.
[  OK  ] Started Dispatch Password Requests to Console Directory Watch.
[  OK  ] Started Monitoring of LVM2 mirrors,...ng dmeventd or progress polling.
[  OK  ] Reached target Local File Systems (Pre).
[  OK  ] Reached target Local File Systems.
         Starting Tell Plymouth To Write Out Runtime Data...
         Starting Set console keymap...
         Starting Create Volatile Files and Directories...
         Starting Initial cloud-init job (pre-networking)...
         Starting LSB: AppArmor initialization...
[  OK  ] Started Tell Plymouth To Write Out Runtime Data.
[  OK  ] Started Create Volatile Files and Directories.
         Starting Network Time Synchronization...
         Starting Update UTMP about System Boot/Shutdown...
[  OK  ] Started Network Time Synchronization.
[  OK  ] Reached target System Time Synchronized.
[  OK  ] Started Update UTMP about System Boot/Shutdown.
[  OK  ] Found device /dev/xvdb.
         Starting File System Check on /dev/xvdb...
[  OK  ] Started File System Check Daemon to report status.
[  OK  ] Started Set console keymap.
[  OK  ] Started File System Check on /dev/xvdb.
         Mounting /mnt...
[  OK  ] Mounted /mnt.
[  OK  ] Listening on Load/Save RF Kill Switch Status /dev/rfkill Watch.
[  OK  ] Found device /dev/hvc0.
[  OK  ] Started LSB: AppArmor initialization.
[  OK  ] Reached target System Initialization.
[  OK  ] Started Daily Cleanup of Temporary Directories.
         Starting LXD - unix socket.
[  OK  ] Listening on D-Bus System Message Bus Socket.
         Starting Socket activation for snappy daemon.
[  OK  ] Started Daily apt activities.
[  OK  ] Reached target Timers.
[  OK  ] Started ACPI Events Check.
         Starting Seed the pseudo random number generator on first boot...
[  OK  ] Listening on UUID daemon activation socket.
[  OK  ] Started Trigger resolvconf update for networkd DNS.
[  OK  ] Reached target Paths.
[  OK  ] Listening on ACPID Listen Socket.
[  OK  ] Listening on LXD - unix socket.
[  OK  ] Listening on Socket activation for snappy daemon.
[  OK  ] Reached target Sockets.
[  OK  ] Reached target Basic System.
[  OK  ] Started ACPI event daemon.
         Starting System Logging Service...
[  OK  ] Started D-Bus System Message Bus.
[  OK  ] Started FUSE filesystem for LXC.
         Starting LSB: Record successful boot for GRUB...
         Starting Accounts Service...
         Starting Login Service...
         Starting LSB: MD monitoring daemon...
[  OK  ] Started Deferred execution scheduler.
[  OK  ] Started Regular background program processing daemon.
         Starting LXD - container startup/shutdown...
[  OK  ] Started System Logging Service.
[  OK  ] Started Login Service.
[  OK  ] Started LSB: MD monitoring daemon.
[  OK  ] Started LSB: Record successful boot for GRUB.
         Starting Authenticate and Authorize Users to Run Privileged Tasks...
[  OK  ] Started Authenticate and Authorize Users to Run Privileged Tasks.
[  OK  ] Started Accounts Service.
[  OK  ] Started LXD - container startup/shutdown.
[  OK  ] Started Seed the pseudo random number generator on first boot.
[   12.460014] cloud-init[481]: Cloud-init v. 0.7.7 running 'init-local' at 
Fri, 07 Oct 2016 17:54:52 +0000. Up 11.40 seconds.
[  OK  ] Started Initial cloud-init job (pre-networking).
[  OK  ] Reached target Network (Pre).
         Starting Raise network interfaces...
[  OK  ] Started Raise network interfaces.
[  OK  ] Reached target Network.
         Starting Initial cloud-init job (metadata service crawler)...
[   14.966038] cloud-init[908]: Cloud-init v. 0.7.7 running 'init' at Fri, 07 
Oct 2016 17:54:54 +0000. Up 13.72 seconds.
[   14.966404] cloud-init[908]: ci-info: +++++++++++++++++++++++++++Net device 
info++++++++++++++++++++++++++++
[   14.966707] cloud-init[908]: ci-info: 
+--------+-------+-----------+-----------+-------+-------------------+
[   14.967005] cloud-init[908]: ci-info: | Device |   Up  |  Address  |    Mask 
  | Scope |     Hw-Address    |
[   14.967306] cloud-init[908]: ci-info: 
+--------+-------+-----------+-----------+-------+-------------------+
[   14.967594] cloud-init[908]: ci-info: |   lo   |  True | 127.0.0.1 | 
255.0.0.0 |   .   |         .         |
[   14.967940] cloud-init[908]: ci-info: |   lo   |  True |  ::1/128  |     .   
  |  host |         .         |
[   14.968247] cloud-init[908]: ci-info: |  eth0  | False |     .     |     .   
  |   .   | RE:DA:CT:ED:XX:XX |
[   14.968529] cloud-init[908]: ci-info: 
+--------+-------+-----------+-----------+-------+-------------------+
[...]

-- 
You received this bug notification because you are a member of Ubuntu
Touch seeded packages, which is subscribed to initramfs-tools in Ubuntu.
https://bugs.launchpad.net/bugs/1631474

Title:
  No networking with initramfs-tools 0.122ubuntu8.3 and ip=dhcp boot
  option

Status in initramfs-tools package in Ubuntu:
  New

Bug description:
  initramfs-tools 0.122ubuntu8.3 introduced a serious regression where
  networking is not initialized when the boot option "ip=dhcp" is
  provided. We are seeing this problem in AWS, but cannot confirm if
  this issue is specific to AWS or will occur with different hardware or
  in different environments.

  Removing "ip=dhcp" from the boot options with 0.122ubuntu8.3 results
  in networking being configured.

  The issue does not occur with 0.122ubuntu8.2 or previous versions when
  "ip=dhcp" is set.

  AWS has no console so debugging is not a trivial task. I do have a
  console log with some output, and will update this bug shortly with
  it.

To manage notifications about this bug go to:
https://bugs.launchpad.net/ubuntu/+source/initramfs-tools/+bug/1631474/+subscriptions

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