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Topic: [Active Mining] The UNofficial Active Mining Discussion Thread [UNmoderated] - page 29. (Read 76090 times)

Mabsark

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Quote from: NotLambchop on March 28, 2014, 02:33:57 PM

It's pretty sickening having to watch people begging ken for a snapshot of devices that are supposedly shipping *right now*, and being ignored.
What possible reason other than sadism could there be behind that?

They may not exist at all.

AMC could have bought the miners off VMC ("we've sold out"), then AMC gives the miners back to VMC ("we can't mine until power sorted so we'll sell the rest").

Now people think, "These must be good, the first 100 sold like hotcakes" and Ken sells more hot air.

NotLambchop

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Activity: 378

Merit: 254

JoTheKhan

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Activity: 378

Merit: 250

Obviously they aren't ACTM chips, we know this.

EDIT: Not a mod of that thread.

Mabsark

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Zumzero and the fuckwit mods are now trying to convince people that these "ASICS" are ActM's own despite Ken claiming otherwise.

Anyone who posts information pointing this out will have it deleted, even though they are direct quotes from Ken.

Quote from: kslaughter on March 26, 2014, 08:04:44 PM

Quote

Chips
What is going on with the development of our own chips? Can you share details of what is going on with this? We need more information about what is the progress we have made so far and what we plan to accomplish the next few months. Please share as much information as you can.

We are still working on development of our own chip.

Yes, fuckiwits that clearly means these are ActM ASICs.

If Ken is to be believed, which he shouldn't be if you have any sense, then all signs point to them being HashFast chips.

Quote from: kslaughter on March 12, 2014, 08:39:16 PM

I will be in California this next week and I am expecting to announce some really good news next week.

HashFast Technologies
100 Bush St, Suite 650
San Francisco, CA 94103

Again, to Zumzero and the fuckwit gang, this is a clear indication of these chips being ActM's own. And they're not delusional, honest!

NotLambchop

sr. member

Activity: 378

Merit: 254

Ken's Universal Answer:

Quote from: kslaughter on March 28, 2014, 01:43:41 PM

...
This will all be sorted out in the near future. I am very committed to all of my trusting and patient investors. What we are doing right now will raise shareholder value very quick.

klondike_bar

legendary

Activity: 2128

Merit: 1005

ASIC Wannabe

Quote from: Entropy-uc on March 20, 2014, 07:45:54 PM

Quote from: theMiracle on March 20, 2014, 05:01:52 PM

^Because the mods are holding teh bag of dicks that they want to unload on bigger idiots Sad

Quote from: Rodyland on March 20, 2014, 04:43:34 PM

...
AFAIK the kondikes were never delivered. And the 20k chips were refunded because Avalon fucks their customers. So all we have that is "old" is the 6 avalons, for 430GH/s.

Investors are always the last to know Sad

http://www.news-leader.com/VideoNetwork/3265894777001/Active-Mining-Corporation-founder-Kenneth-E-Slaughter-discusses-bitcoin-mining-machines-in-Springfield

What are those? Ant miners?

""Our existing hardware assets from AMC liquidation
6 Avalon miners, currently running on BTC Guild under "Team AMC" for around 430 GH/s;
An order of Avalon chips from steamboat's batch #1, for 68 Klondike-16 boards, rated at 68*16*282 = 307 GH/s;
An order of 20,000 Avalon chips (end of May and beginging of June orders), for a combined hashrate of 20,000*282 = 5,640 GH/s.

In total, around 6,377 GH/s, expected to be fully operational in the middle of August."

taken from https://bitcointalksearch.org/topic/m.2685502 July 08, 2013, 10:46:58 PM

he has had this hashrate for a looooong time already - and it disturbs me that it is made to sound like having hashrate on the btcguild team is game-changer

theMiracle

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Activity: 154

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@Entropy-uc: I think they're Klondikes, he said Steamboat built them. There's a link to the vid right below the screencap.

gogxmagog

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Ad maiora!

Look, I can understand why my last 3 posts got v& but I mean it. I know I shouldn't use hate-speech but sometimes I get so angry I cant help it.

anyway, the writing has been on the wall w/ this jalopy since even before it became un-tradeable on whateverexcuse.lk. I suppose I copy-paste this into more "democratic" subs?
I'm pretty busy so maybe one of you kind fellows might send some new financial advise my way.
Oh yeah...before I forget . Amazing company.

andI dont really think I actually classify as a troll in here.
I am so burnt at this shit ActM
I feel robbed

Entropy-uc

hero member

Activity: 756

Merit: 501

Quote from: theMiracle on March 20, 2014, 05:01:52 PM

^Because the mods are holding teh bag of dicks that they want to unload on bigger idiots Sad

Quote from: Rodyland on March 20, 2014, 04:43:34 PM

...
AFAIK the kondikes were never delivered. And the 20k chips were refunded because Avalon fucks their customers. So all we have that is "old" is the 6 avalons, for 430GH/s.

Investors are always the last to know Sad

http://www.news-leader.com/VideoNetwork/3265894777001/Active-Mining-Corporation-founder-Kenneth-E-Slaughter-discusses-bitcoin-mining-machines-in-Springfield

What are those? Ant miners?

theMiracle

full member

Activity: 154

Merit: 100

Comedy gold

Quote from: kslaughter on March 20, 2014, 07:21:19 PM

...
As you know we have two corporation here AMC and VMC, VMC lost some coins it had in MtGox from Pre-Orders, this caused VMC to have a minor cash crunch for refunds the last few weeks. AMC has enough coins to loan VMC to provide for refunds; however, I prefer to have VMC pay the refunds from its profits on running AMC mining farm, building machines for AMC, and from VMC sales of miners. VMC is still in a cash positive state and will start refunding Pre-Orders next week again. AMC/VMC has enough cash to cover over 6X the amount of our current Pre-Orders. Also, VMC is getting ready to start selling in stock bitcoin mining cards.

Bonus: Ken can't get enough of "AMC is a virtual identity totally owned by the Active Mining Corporation (Belize) that represents both itself and its profits." <= direct quote, not even kidding

theMiracle

full member

Activity: 154

Merit: 100

^Because the mods are holding teh bag of dicks that they want to unload on bigger idiots Sad

Quote from: Rodyland on March 20, 2014, 04:43:34 PM

...
AFAIK the kondikes were never delivered. And the 20k chips were refunded because Avalon fucks their customers. So all we have that is "old" is the 6 avalons, for 430GH/s.

Investors are always the last to know Sad

http://www.news-leader.com/VideoNetwork/3265894777001/Active-Mining-Corporation-founder-Kenneth-E-Slaughter-discusses-bitcoin-mining-machines-in-Springfield

Phildo

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Deleted Post
« Sent to: Phildo on: Today at 08:37:40 AM »
Reply with quoteReply with quote Remove this messageDelete
A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave.

You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations.

Quote
I apologize for "trolling" (I don't own any shares, so I'm a troll) but I have been watching the show and continue to be amazed by how people with so much money tied into this don't ask the obvious questions, so lets go.

Why are you "getting ready to start issuing refunds again?" Why did they stop? What is the issue? When is it going to be fixed?

Speaking of refunds, what is the plan for the people that ordered? Is everyone getting a refund, how much of this 100TH is being delivered to your paying customers?

I wonder why the mods of that thread don't care about the important question?

NotLambchop

sr. member

Activity: 378

Merit: 254

For those interested in studying the wacky antics of Active Miners in the wild, here's a link to Bitcointalk mirror site: https://bitcointa.lk/threads/activemining-official-shareholder-discussion-thread-moderated.259468/page-67

Bonus: Deleted comments don't get deleted on the mirror

sporket

sr. member

Activity: 280

Merit: 250

Quote from: VinceSamios on March 17, 2014, 11:06:35 AM

Quote from: minerpart on March 17, 2014, 10:24:39 AM

with all these people claiming to have amazing insider info why the hell are they not buying???
I'm calling this out - it's a pump and dump.

I bought an extra 10BTC worth from the Ukyo liquidation... money meet mouth... minerpart meet troll label

Seriously dude, you and knybe are borderline trolling.

Lol sure. That was right before Ken dropped the bomb that he's being investigated for securities fraud and Active Mining shares are not going up on Crypto Trade.
You gambled. You lost. Like you always do.
Now you're trying to pump CT price so you can GTFO.
Good luck

RoadStress

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Activity: 1904

Merit: 1007

Quote from: NotLambchop on March 16, 2014, 02:41:40 PM

Frightening thought:
What if the people in "Active Mining Astroturfed" thread aren't intentionally lying?
Is it possible that human beings, human beings with internet access even, could think like this?

I'm always amazed on how retard can people be. Even if i saw it countless times, i'm having a problem getting used to it and i consider myself a pretty adaptable person. But this always gets me.

NotLambchop

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Activity: 378

Merit: 254

Entropy-uc

hero member

Activity: 756

Merit: 501

Quote from: Phildo on March 14, 2014, 06:53:02 PM

I guess I'll post here because since I've joined the cool club of being accused of being Crumbs. Was just watching and laughing, but blaming the refund delays on a company that hasn't been paying out USD for months was too much for me to contain myself.

I don't really know how they are accepting that BS excuse, why they aren't freaking out that there were coins in GOX, or how they always manage to leave out that they need to send out millions of dollars worth of hashrate (a part of which will give them absolutely no return) before they do their fuzzy math. This is the best train wreck here since Pirate.

Ken claimed to have >$6M in pre-orders last year. He also claims to have 1500 BTC left (only 1200 were verified to still be under his control). That's 900k to cover $6M in refunds. But they have plenty of money to do round 3 of developing a chip...

It isn't even math any longer. Ken is fortunate to only need to tell his tales through occasional posts online. I'm sure he couldn't keep from laughing if he had to actually spin these tales out loud.

Phildo

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Entropy-uc

hero member

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Merit: 501

The ability that investors in this disaster have to suspend disbelief overwhelms my comprehension.

A few days ago Vince was predicting that they would have 25% of the network hashrate shortly. Vince must imagine that electricity and buildings and a/c units grow on trees. Either that or he thinks that Ken is actually Dr. Evil with his own nuclear power plant hidden inside a volcano.

theMiracle

full member

Activity: 154

Merit: 100

Quoted from the astroturfed thread for giggles next Wednesday

(Will Active Miners finally manage to put down their decomposing pone? Tune in this Wednesday and find out!)

Quote from: zumzero on March 14, 2014, 05:29:53 PM

It doesn't really matter what side of the fence anyone is on at this stage.

One undeniable truth exists for us all, be we trolls or fanboys, and that is; this thing is coming to a head next week whether we like it or not.

GOOD LUCK

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