Topic: [Active Mining] The UNofficial Active Mining Discussion Thread [UNmoderated] - page 40. (Read 76098 times)

Wow, over $300 in bids.  Impressive!  The Next ASICminer^TM; Amazing Company^TM.

ActM is definitely going to explode.

It's going to explode all over the launch pad.   

Pankkake, I took your poll that got deleted in the thread and made it its own thread in Custom Hardware:

https://bitcointalksearch.org/topic/vmc-poll-have-you-received-shipping-notification-358820

ORLY?  Pics or it didn't happen

Prototype/Low Volume chips to VMC in a 5-10 week time frame after the RTL code for the ASIC chip is ported to their chip and the timing on the
chip has been closed.

Also, I have directly talked to a customer who has received a VMC machine.  You will see the post within the next couple days, don't worry. 

Hey look you guys, HashFast's chip is up and running!   

https://twitter.com/HashFast


Where's LabKen's chip?   

Zumzero and Stuart must be very sad today. 

All the other cheerleaders (even former Kool-Ade guzzling dead-enders like VE, redbeans, and bargraphics) have abandoned them and joined the rest of us in the real world.

ALWAYS BET ON iCE...

Thank you for your timely admissions of defeat and incompetence.  It's difficult to man up and confess to being completely and totally wrong.

To avoid similar soul-crushing financial losses and humiliating mistakes in the future,

ALWAYS BET ON iCE...

One-on-one consulting is available for high-net-worth individuals seeking advice on BTC and related investments.

I made a model of various outcomes for ActiveMining and discovered that the turnaround time is the most important aspect for us. I was obviously not as intuitive as you because we both came to the same conclusion except I had to build an entire model in Matlab to do so.

Anyway, my model shows that a turnaround time of 4 weeks gives us the ability to compound our hashrate against the network increases and increase our share of the pie.

Any longer than 4 weeks and reinvestment has to go above 80% just to maintain hashrate for a few months. That turnaround time is so important, but I can see no way of getting any information about it. I wonder if eASIC would talk to a "reporter" about that?

Crumbs, iCE and Pankkake. I think it's time to wind down this thread, you guys won and we have lost our investment.

The following factors lead me to believe that ActiveMining is probably over:

- Our competitors sold more hardware in one day than we have ever "sold*".
- *Well we have never shipped anything with our own chip anyway.
- We are now waiting on a physics defying program that makes mining machines faster as the global hashrate increases. This makes no sense and English is Ken's first language so he has no excuse for that Intellihash rubbish.
- We are mining 2 TH/s into December.
- I know believe the extra 1TH/s came from cex.io or a undisclosed Klondike/Avalon miner.
- Ken was very confident he would be able to ship 100TH/s+ by the end of November, it's now December and our hashrate is stale.
- Ken is being more quiet than ever, his focus is on refuting trolls, the real investors are no longer are a concern.

I am not sure what I am going to do, I have a project with a friend that could be profitable in fiat, if so I might be able to resume buying Bitcoins before they hit $10,000 a coin.

This experience has been soul crushing and the reality of my loss has not hit me yet. All I know is that I am in for the worst Christmas of my life.

I only have myself to blame, I am disappointed in myself for making the decisions I made and investing most of my holding into a single company was my undoing. I hope that the hurt and pain from this prevents me from making similar mistakes in the future.

LabKen will have chips...

...WHEN iNTELLiCOPTERZ FLY OUT OF HIS BUTTCAVE!!!

Intellicopterz!

LabKen cannot tell you for how long the chips will be delayed.  Because NDA^tm.  

Global Foundries doesn't want anyone to know how awful their 28nm 'EZ Copy' is.  OpenSilicon doesn't want anyone to know how awful their physical design architects are (as if the botched tape-out didn't already tell us).

Trading will resume after LabKen dumps another 4-5 million shares on some suckers sophisticated investors via an unregulated Chinese exchange.

Your FastCoins^tm will be IntelliColored^tm, allowing SmartExchange^tm capable hardware (available exclusively from ActM Soon^tm) to monitor share price as it resumes its plummet to zero.

Implementation of IntelliColored^tm FastCoin^tm trading on SmartExchange^tm is immanent^tm.

You know the difference between creating shares and issuing shares right?

You know ActM has millions of shares which have been created (authorized) but not yet issued, right?

You know there's nothing to stop LabKen from putting up for sale on CryptoScams his millions of treasury shares, right?

Of course you do!

he's not issuing more shares.  they already exist

Re-listing on yet another sketchy exchange allows LabKen to issue/sell more shares.

You of all people should know better than to dispute my ActM analysis, silly goose!

moving the shares to another exchange isn't going to "raise" any money, goof

Not anytime Soon.^TM

The latest "Progress" Report:


TL;DR - The chips are fucked, we are hemorrhaging money, and moving to yet another sketchy exchange to raise moar.

and our new intelluffagus design is sure to target our retarded 12 year old audience

Cheap shares of iNTELLiCOPTURS?

SU&TM$

"Should" isn't an objective standard.

The deadline for HashFast's first batch is Dec 31.  If they don't meet it, we get refunds.

HashFast has in-hand chips cut, bumped, and ready for board bring-up.  

Where's LabKen's chip?  Oh wait, don't tell me - eASIC 2.0...NDA...UNTiLLiHASH 20% BOOST...iNTELLiGRATED COLORED SMARTCOiNS... right?  

ActM's competitive edge was their supposedly faster turnaround time, but now that's a thing of the far-distant past.

I invited and pleaded with LabKen to bet on iCE months ago.  He didn't listen, and will now be generating more regrets than coins.  

Because it doesn't help Ken sell vaporware.  Deleting it costs two mouse clicks.  Simple & obvious