[ActiveMining] Official Shareholder Discussion Thread [Moderated] - page 212.

4ju5tice

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Quote from: Ozymandias2 on March 28, 2014, 12:27:49 PM

Quote from: ?? on ??

Quote from: Ozymandias2 on March 28, 2014, 12:14:24 PM

Quote from: zumzero on March 28, 2014, 12:05:41 PM

Quote from: kleeck on March 28, 2014, 11:49:37 AM

Processor Highlights
·Fast-Hash One 28nm ASIC
·Underclocked for greater efficiency or overclocked for greater performance.
·Built in thermal controls that allow the chip optimization without damage to processor.
Warranty: Quality Controlled Pre-shipping tested against DOA. Experimental No Warranty

Thanks for clearing that up, Ken.

This has to be my favourite post in the last 12 months!

If this truly is ActM's (or VMC or whatever) own chip then things have gotten much more exciting than I originally expected. I'd love to hear more of the details about the origins of the chip before I start singing from the rooftops however.

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.

I'm not sure why this was deleted either. It's a legitimate point. If this isn't ActM's custom designed chip then that leaves either rebranded HashFast chips or bought exclusive rights to some other person's/company's chips.

I don't really care. Ken could have made a deal with another company, buying their design for part of ACTM company's shares. It is progress whatever happened. If ACTM is working on a better 28 nm in the background then that's even better.

It has been since about October that we've actually had any substantial good news with ACTM. And this thread has been terrible with all the manic-depressives out there. Things like this take time to build, but hopefully Ken has had time to develop his leadership skills and this is just the beginning for ACTM.

tempestb

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Activity: 729

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$3,000 for maybe 512gh? If that -20% is real, could be 410gh for three grand. Who the hell would buy this? It had to be some of you in here. When you get your board take a picture of it and let us see it.

I still don't believe any of this is real.

Ozymandias2

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Activity: 98

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Quote from: ?? on ??

Quote from: Ozymandias2 on March 28, 2014, 12:14:24 PM

Quote from: zumzero on March 28, 2014, 12:05:41 PM

Quote from: kleeck on March 28, 2014, 11:49:37 AM

Processor Highlights
·Fast-Hash One 28nm ASIC
·Underclocked for greater efficiency or overclocked for greater performance.
·Built in thermal controls that allow the chip optimization without damage to processor.
Warranty: Quality Controlled Pre-shipping tested against DOA. Experimental No Warranty

Thanks for clearing that up, Ken.

This has to be my favourite post in the last 12 months!

If this truly is ActM's (or VMC or whatever) own chip then things have gotten much more exciting than I originally expected. I'd love to hear more of the details about the origins of the chip before I start singing from the rooftops however.

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.

I'm not sure why this was deleted either. It's a legitimate point. If this isn't ActM's custom designed chip then that leaves either rebranded HashFast chips or bought exclusive rights to some other person's/company's chips.

Ozymandias2

member

Activity: 98

Merit: 10

Quote from: zumzero on March 28, 2014, 12:05:41 PM

Quote from: kleeck on March 28, 2014, 11:49:37 AM

Processor Highlights
·Fast-Hash One 28nm ASIC
·Underclocked for greater efficiency or overclocked for greater performance.
·Built in thermal controls that allow the chip optimization without damage to processor.
Warranty: Quality Controlled Pre-shipping tested against DOA. Experimental No Warranty

Thanks for clearing that up, Ken.

This has to be my favourite post in the last 12 months!

If this truly is ActM's (or VMC or whatever) own chip then things have gotten much more exciting than I originally expected. I'd love to hear more of the details about the origins of the chip before I start singing from the rooftops however.

EDIT: Also this: Operating Temp 10° to 35°C (50° to 95°F); isn't that very low AKA leaving much room for overclocking?

zumzero

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myBitcoin.Garden

Quote from: kleeck on March 28, 2014, 11:49:37 AM

Processor Highlights
·Fast-Hash One 28nm ASIC
·Underclocked for greater efficiency or overclocked for greater performance.
·Built in thermal controls that allow the chip optimization without damage to processor.
Warranty: Quality Controlled Pre-shipping tested against DOA. Experimental No Warranty

Thanks for clearing that up, Ken.

This has to be my favourite post in the last 12 months!

ActM Thread

member

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Sorry to be a killjoy,

I'm just about to delete all posts relating to image macros from today. It is important that we have the same rules for everyone.

ActM Thread

kleeck

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Activity: 532

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https://karatcoin.co

Processor Highlights
·Fast-Hash One 28nm ASIC
·Underclocked for greater efficiency or overclocked for greater performance.
·Built in thermal controls that allow the chip optimization without damage to processor.
Warranty: Quality Controlled Pre-shipping tested against DOA. Experimental No Warranty

Thanks for clearing that up, Ken.

zumzero

hero member

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myBitcoin.Garden

Looks like there's more stock available right now. Good move Ken.

WildFire.ca

hero member

Activity: 980

Merit: 503

Congratulations Ken and thank you for your hard work.

kslaughter

sr. member

Activity: 476

Merit: 250

Adding 100 more cards for sale from our mining farm due to the delay in getting our step down transformers installed. We will be adding back these 100 cards from our next production run in 2 weeks. The new cards will be our revision 3 cards which will be faster.

tesselate

newbie

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So did anybody order one, or know someone who ordered? I'd be interested in seeing an ACTUAL product in the wild, or at least an outside review. As of now I'm still skeptical of these things actually existing.

hazryder

full member

Activity: 208

Merit: 100

Quote from: Ozymandias2 on March 28, 2014, 11:10:03 AM

Quote from: toastee on March 28, 2014, 11:06:21 AM

could we please hire a graphics designer? I'm sure at this point someone in this thread would volunteer to do it in the interest of our profits.

Last time this almost happened (with hazryder) there were was a mild clusterfuck. Something to do with lawyers and rights, and whatnot (this was months ago so I don't fully remember) but I think graphic design should be a secondary (or even tertiary) concern after chip development and mining/selling

Yeah, I sold my logo design to another member who was working for Ken, except Ken then told them he'd handle the design on his own and left everyone hanging. I'd still be happy to help out but it'd have to be under contract.

drasted

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They don't seem to have an option to purchase with bitcoin. What's up with that?

toastee

member

Activity: 62

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to the moon, etc.

Quote from: Ozymandias2 on March 28, 2014, 11:10:03 AM

Quote from: toastee on March 28, 2014, 11:06:21 AM

could we please hire a graphics designer? I'm sure at this point someone in this thread would volunteer to do it in the interest of our profits.

Last time this almost happened (with hazryder) there were was a mild clusterfuck. Something to do with lawyers and rights, and whatnot (this was months ago so I don't fully remember) but I think graphic design should be a secondary (or even tertiary) concern after chip development and mining/selling

Yes, I agree. Especially if they're selling as well as they are already. Just looks kinda bush league.

Ozymandias2

member

Activity: 98

Merit: 10

Quote from: toastee on March 28, 2014, 11:06:21 AM

could we please hire a graphics designer? I'm sure at this point someone in this thread would volunteer to do it in the interest of our profits.

Last time this almost happened (with hazryder) there were was a mild clusterfuck. Something to do with lawyers and rights, and whatnot (this was months ago so I don't fully remember) but I think graphic design should be a secondary (or even tertiary) concern after chip development and mining/selling

toastee

member

Activity: 62

Merit: 10

to the moon, etc.

Quote from: zumzero on March 28, 2014, 02:51:09 AM

Congratulations Ken! We never doubted you! Wink

This picture will do me just fine..

If it wasn't for work, I'd be having me a champagne breakfast!!! Yeee-hah!

This is awesome and great progress. Thanks, Ken.

That being said...call me a whiner, but could we please hire a graphics designer? I'm sure at this point someone in this thread would volunteer to do it in the interest of our profits.

sparky999

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Quote from: equipoise on March 28, 2014, 10:57:28 AM

Quote from: sparky999 on March 28, 2014, 09:53:09 AM

If I had to guess I would say Ken has a monthly ongoing order for 150Th, 2/3rd of which will go to our mine and 1/3rd of which will be sold in these 'prospector' units.

From http://virtualminingcorp.com/shop1/index.php?id_product=38&controller=product:

Quote

We currently have held stock to offer to our current pre-ordered customer (See Your Email)

This means ActM have produced some more for the previous customers. Did the 1 Million $ customer asked for a refund? If there was such a customer and he actually payed - did he asked for a refund or he is The Customer stated (singular)? Is it just a typo and it should be customers (plural) instead? I'm not sure how many of the previous customers asked for a refund, but they'll get it now and some already got it. Just the time will tell where ActM is going from now on and it'll be great if it succeed at the very last moment. However I wouldn't call it time for party yet so be careful with your attitude.

Nice spot if it is actually a 200Th or 250Th order per month with sales/mining being split 40/60 or 50/50 for example then this whole thing is starting to look a lot more interesting than it has for a long time.

Would be a great time for Ken to chime in about what sort of total Th he is expecting to sell and mine with over the next 3months.

equipoise

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Monero (XMR) - secure, private, untraceable

Quote from: sparky999 on March 28, 2014, 09:53:09 AM

If I had to guess I would say Ken has a monthly ongoing order for 150Th, 2/3rd of which will go to our mine and 1/3rd of which will be sold in these 'prospector' units.

From http://virtualminingcorp.com/shop1/index.php?id_product=38&controller=product:

Quote

We currently have held stock to offer to our current pre-ordered customer (See Your Email)

This means ActM have produced some more for the previous customers. Did the 1 Million $ customer asked for a refund? If there was such a customer and he actually payed - did he asked for a refund or he is The Customer stated (singular)? Is it just a typo and it should be customers (plural) instead? I'm not sure how many of the previous customers asked for a refund, but they'll get it now and some already got it. Just the time will tell where ActM is going from now on and it'll be great if it succeed at the very last moment. However I wouldn't call it time for party yet so be careful with your attitude.

Ozymandias2

member

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Merit: 10

Quote from: kleeck on March 28, 2014, 10:19:52 AM

This is from the site under "Processor Highlights": "Proprietary 28nm ASIC" - Does this not imply that VMC owns the chip design?

Under normal circumstances, I would say yes, however (and with all due respect to Ken), I'm trying to minimize my assumptions based on the history of vague wording from ActM. I am not a lawyer, but could the term "proprietary" be used for something that is licensed (even if it would be a stretch)?

EDIT: according to several dictionaries, no, proprietary cannot mean licensed, "one that possesses, owns, or holds exclusive right to something" from Merriam-Webster for instance. It's still hard for me to believe though that ActM has either developed their own 28nm in Q1 where it was originally (not originally originally, but lately originally) scheduled for Q3 or that they bought exclusive rights to an already designed-but-not-marketed 28nm chip.

The question could be relatively easily answered as soon as the first of these is delivered and the chip is seen and hopefully taken a picture of.

kleeck

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https://karatcoin.co

Quote from: Ozymandias2 on March 28, 2014, 10:07:03 AM

Quote from: Flashman on March 28, 2014, 09:31:57 AM

Quote from: Ozymandias2 on March 28, 2014, 08:59:51 AM

EDIT: 0.7w/gh is that at the chip or wall? If it's at the chip, then that's pretty good, around middle of the pack. If it's at the wall, that's one of the more if not most efficient chips on the market (that I'm aware of).

I read it as being 0.7w/gh at the 12V input, which means probably about 0.5 at the chip and 0.9 at the wall depending on how efficient a PSU you buy.

Interesting. It's a near certainty that these are not our own chips but I'm racking my brain trying to figure out whose they can be. It's not coincraft as those chips are much less powerful and slightly less efficient, it's not BFL since their chips don't exist yet as far as I know and even if they did they'd be about half as powerful last I heard (600gh/s requiring 2 chips; though too be fair I haven't been following BFL for a while), it's not Blackarrow since their chips don't exist, I don't recall Cointerra selling chips so it's probably not them, Avalon, Asicminer, Antminer, and Bitfury don't have 28nm chips, which leaves us with Hashfast who have been confirmed to have an abundance of chips and whose stats sound quite close to ActM's offerings:

Power Consumption at the chip: 0.65 Watt per Gigahash /sec +/- 20%
Hashing Output: Up to 800 GH/s (overclocked)
Hashing Output: 400 GH/s (nominal)

and if we look at the EVO boards:

Typical Bitcoin Mining Performance: 675 GH/s +/- 20%
Size: 4.5″ wide by 12″ long

The price per chip has not been put on their website but if ActM is buying 100TH/s per month at the nominal rate of 400gh/s that would be 250 chips per month.

Does all of the above sound about right?

EDIT: 150 TH/s per month would be 375 chips per month

This is from the site under "Processor Highlights": "Proprietary 28nm ASIC" - Does this not imply that VMC owns the chip design?

Topic: [ActiveMining] Official Shareholder Discussion Thread [Moderated] - page 212. (Read 629902 times)