Topic: [ActiveMining] Official Shareholder Discussion Thread [Moderated] - page 270. (Read 629905 times)

That's more like it. So, this 45nm proposal was openly cancelled in favour of the 28nm only project. Sadly that project failed for whatever reason. The remains of that failed project has become a full-custom 28nm chip.

In addition to the 28nm full custom, there is now also a full-custom 55nm in late-stage development. Hope that helps.

Are you sure about that? I think that might be wrong considering that he only announced the 55nm project on the 21st January 2014 (3weeks ago) and previous to that there had been no mention of 55nm.




https://bitcointalksearch.org/topic/m.3220847


Springfield, MO and Santa Jose, CA – January 21, 2014 – Active Mining Corporation (Belize) (AMC) a bitcoin Mining and Hardware Manufacture, and  People's ASIC a stealth Silicon Valley startup founded by two veteran engineers is proud to announce today the tape-out of their 55 nm UMC Bitcoin Mining ASIC.  The ASIC features SHA256 optimizations according to a scientific paper by Dadda et al.

Simultaneously, AMC has acquired the Intellectual Property (Verilog code, test bench, GDS-II data, etc. for the 55nm UMC Bitcoin Mining ASIC.  Delivery of chips is expected in Q2/2014.  Also, AMC will use the same design team and code which successfully taped out the 55 nm on AMC's eASIC's 28 nm.  EASIC's 28 nm development has been upgraded to a full custom 28 nm.'

You said we'd have 55nm in fall last year,

@Ken - If your in missouri you have to abide by missouri law. What your saying is equivalent to me saying ' oh well I am from Amsterdam so I can smoke weed in Boston'. You can't be this naive surely?

I am glad that mine and others complaints to the SEC are being listened to, perhaps we still have a chance of you seeing the inside of a prison cell.

Why are you dodging the questions about where the $1mill you were supposed to hv paid eASIC with already has gone? What happened to the 28nm project that you were supposedly working on back in September?? You have lied to your shareholders repeatedly in almost every press release you have issued. This is not legal in any country no matter where you are registered Ken, it is called fraud and I will continue to pressure the police and SEC to have you arrested before you scam any more money from the community.

You haven't even started the 28nm project, you haven't shown a working chip, you haven't transferred shares. You have failed at every single hurdle time and time again and I will continue to pay my lawyers exorbitant fees until you provide full answers to all shareholders questions and proof of all funds active mining has in its possession. If you don't do this my next step will be to file for lien on the shares of mine you are with holding, funny how that system works both ways hey Ken.

Well it looks like the 1Mill of NRE paid for a 28nm eASIC project that has failed. End of, it failed. Ken has restructured that as a full custom chip and is getting quotes from different suppliers for the tape out and production of that 28nm custom chip. It seems eASIC are able to offer the best price out of either responsibility to a previous customer or because some the the cost of this custom chip they will off-set againt the previous projects payment (1Mill). I think that's right.

No documentation on the (55nm) tape out - well there should be some for of agreement or contract between ACtM and UMC. I can't see how there would be no paperwork.

Are we expected to lose any eventually? Is not losing any dependent on choosing them to design our custom 28nm? If we choose to go with someone other than eAsic then how much would we lose front he nExtreme NRE?

Thanks,
wasubii

Pre-Order 55nm Chips Shipping April 17,2014

Ken, as we know, isn't the best communicator in the world.  We've all had many months of analysing his language and studying him to try and work him out.  He's a complicated beast I'll say that much, and I mean that in the kindest way possible.  I just don't read deception in what he's saying.  I don't see a scam whatsoever.  I see someone who has taken on a enourmous task and has spread himself too thinly.  I am hoping that he's actually quite organised underneath it all, and is skilled at prioritising things, and I suspect he probably is.  I think there is still hope and within two months we'll all know one way or the other.  I'm not convinced anyone will be trading until there are ActM miners hashing away, although Ken is full of surprises so we'll just have to wait and see.

We are working with our vendors to use any of the funds we may have paid them on our new 28nm project, our vendors seem to want to work with us and meet our other vendors prices.  The project manager has been meeting with them last week and will be meeting with them again this week to get a quote.  We want to get started on the 28nm ASAP.

I don't have any documentation on the tapeout.  This was for the shuttle run and prototypes which we have canceled and have now changed to the production run.  See my weekly update for the wafer delivery dates.

1.9 Gh/s per chip
6,800 chips per wafer
104 wafers
707,200 chips
1.344 Ph/s

Some of those chips won't work properly though so the numbers will actually be lower.

Releasing our shares would have caused a massive crash.

Again you miss why most of us are angry. Ken is blocking our ability to trade shares, he won't even allow transfers using the forum. He has stated to me that we are not allowed to trade until CT and now that is not happening for certain.

So it's a block.

We are being blocked, even in a startup the owners can move their ownership to another investor, we can't even do that.

We all knew what we were getting involved in and that's where great promise lay.