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Topic: ActiveMining Overview and Speculation Thread - page 22. (Read 168026 times)

hero member
Activity: 602
Merit: 500
myBitcoin.Garden
Ken got his hand slapped (his words) for saying too much before.

At this point he has to be on radio silence until it's all done and dusted. Saying anything in public adds an unnecessary element of risk to the deal.

For example, if he said he had all the money then the next questions will flood in, about if something is wrong, if eASIC have been paid at all, what the contract situ is, people will phone eASIC so find out if they've been paid, etc. All this is potentially damaging, particularly random people contacting eASIC (which has happened before, hence the hand slap). If he hasn't converted all the money, much of the same applies along with extra questions.

I hope that explains it a little. It's a sensitive time for the business and unfortunately we just have to wait. Of course, the plan been to get the Avalon chips during this period but we all know what's happening there. Or don't know.



And this is why people need to back off from asking questions relating to eASIC unless they are intentionally attempting to sabotage the deal!  Come on folks, use common sense and at least try to read between the lines.
Vbs
hero member
Activity: 504
Merit: 500
Even with the eASIC deal, won't ActM chips be slower and more $/GH than those of CoinTerra and other companies? The Avalon situ has really screwed ActM.

In a condensed answer, no. Smiley

There's much more to designing chips than just stating wishful specs and eAsic has more design experience than any of them (they've been working on 28nm at least since 2010).
sr. member
Activity: 364
Merit: 250
Even with the eASIC deal, won't ActM chips be slower and more $/GH than those of CoinTerra and other companies? The Avalon situ has really screwed ActM.

Vbs is best to answer this but it's still all about what can actually be delivered in terms of when, speed, power consumption (in particular), reliability etc.

eASIC are probably the best partner one can have in this regard.
sr. member
Activity: 378
Merit: 250
Even with the eASIC deal, won't ActM chips be slower and more $/GH than those of CoinTerra and other companies? The Avalon situ has really screwed ActM.
sr. member
Activity: 364
Merit: 250
Ken got his hand slapped (his words) for saying too much before.

At this point he has to be on radio silence until it's all done and dusted. Saying anything in public adds an unnecessary element of risk to the deal.

For example, if he said he had all the money then the next questions will flood in, about if something is wrong, if eASIC have been paid at all, what the contract situ is, people will phone eASIC so find out if they've been paid, etc. All this is potentially damaging, particularly random people contacting eASIC (which has happened before, hence the hand slap). If he hasn't converted all the money, much of the same applies along with extra questions.

I hope that explains it a little. It's a sensitive time for the business and unfortunately we just have to wait. Of course, the plan been to get the Avalon chips during this period but we all know what's happening there. Or don't know.

member
Activity: 210
Merit: 10
But, the conversion of BTC to USD ... why in the world would that be in the NDA? It has nothing to do with eASIC. Ken CAN and SHOULD let shareholders know what the situation is there.

Because knowing that someone is planning on selling $1M USD current worth of Bitcoins and when this will happen will affect the prices that they can be sold at.

Complete BS! - there are millions upon millions traded daily.

Over $5mil on MtGox in last 24 hours
Over $2mil on Bitstamp in last 24 hours

What is selling $1mil over 4 weeks ... nothing!

And we simply need to know this - has the BTC been converted yet or not?

Anyway, if the NRE payment is done,  the BTC/USD conversion is done, DONE IS DONE.

How to take advantage from knowing the NRE was paid?  time machine?

EDIT: typo
full member
Activity: 196
Merit: 100
Regarding a statement from eASIC, is it speculation at this point to assume that eASIC are simply waiting for the NRE to go through in order to release a statement? I ask because I feel a good chunk of the perceived validity of this stock hinges on such a statement. We've already seen that ActM gets left out in a lot of talk about 28nm chips. I'm not too concerned about that in and of itself, but I would like ActM to be seen as a serious contender and mentioned as such in discussions on Coindesk and the like.

So what are we using to found the idea that the primary thing keeping an eASIC statement from being released is unpaid NRE? That's obviously a good starting point, but are we under the impression that it's the only hurdle?

Other teams are taping-out,  but at meantime eASIC are waiting for the NRE to be paid for by ActM.  It's one month ago when IPO finished and fund for NRE raised.

There are no big news other than laggy NRE payment and non-full-speed running Avalon clones since the IPO finished.



I think it is VERY important that we hear from Ken as to whether or not the NRE of $1mil is paid or not!

It's been weeks now, and the first step to a 28nm ASIC is paying the NRE - if the NRE still hasn't been paid, its a BIG problem!

Either way, investors need (deserve) to know.

Paying the NRE is part of the deal with eAsic and therefore under NDA. Ken CAN'T say anything about the conversion or payments without breaking the NDA and jeopardizing the deal with eAsic.

If a couple of weeks without news is too much for you to handle, you should sell your shares and move on.

EDIT: right as I posted that the board was announced in the main thread - go have a look!

It's interesting that the fulfillment of NRE payment is confidential whereas the amount is released by Ken.
 

I believe that was why Ken got his hand slapped by eAsic
member
Activity: 210
Merit: 10
Regarding a statement from eASIC, is it speculation at this point to assume that eASIC are simply waiting for the NRE to go through in order to release a statement? I ask because I feel a good chunk of the perceived validity of this stock hinges on such a statement. We've already seen that ActM gets left out in a lot of talk about 28nm chips. I'm not too concerned about that in and of itself, but I would like ActM to be seen as a serious contender and mentioned as such in discussions on Coindesk and the like.

So what are we using to found the idea that the primary thing keeping an eASIC statement from being released is unpaid NRE? That's obviously a good starting point, but are we under the impression that it's the only hurdle?

Other teams are taping-out,  but at meantime eASIC are waiting for the NRE to be paid for by ActM.  It's one month ago when IPO finished and fund for NRE raised.

There are no big news other than laggy NRE payment and non-full-speed running Avalon clones since the IPO finished.



I think it is VERY important that we hear from Ken as to whether or not the NRE of $1mil is paid or not!

It's been weeks now, and the first step to a 28nm ASIC is paying the NRE - if the NRE still hasn't been paid, its a BIG problem!

Either way, investors need (deserve) to know.

Paying the NRE is part of the deal with eAsic and therefore under NDA. Ken CAN'T say anything about the conversion or payments without breaking the NDA and jeopardizing the deal with eAsic.

If a couple of weeks without news is too much for you to handle, you should sell your shares and move on.

EDIT: right as I posted that the board was announced in the main thread - go have a look!

It's interesting that the fulfillment of NRE payment is confidential whereas the amount is released by Ken.
 
hero member
Activity: 896
Merit: 500
Dolphins Finance TRUSTED FINANCE
But, the conversion of BTC to USD ... why in the world would that be in the NDA? It has nothing to do with eASIC. Ken CAN and SHOULD let shareholders know what the situation is there.

Because knowing that someone is planning on selling $1M USD current worth of Bitcoins and when this will happen will affect the prices that they can be sold at.

Complete BS! - there are millions upon millions traded daily.

Over $5mil on MtGox in last 24 hours
Over $2mil on Bitstamp in last 24 hours

What is selling $1mil over 4 weeks ... nothing!

And we simply need to know this - has the BTC been converted yet or not?
newbie
Activity: 54
Merit: 0
But, the conversion of BTC to USD ... why in the world would that be in the NDA? It has nothing to do with eASIC. Ken CAN and SHOULD let shareholders know what the situation is there.

Because knowing that someone is planning on selling $1M USD current worth of Bitcoins and when this will happen will affect the prices that they can be sold at.
hero member
Activity: 896
Merit: 500
Dolphins Finance TRUSTED FINANCE
It appears that eAsic hasnt been paid the NRE yet because the NDA hasnt been lifted.

Just wondering, why does it take so long to get them paid? Dripping btc into USD does not take this long.
Exactly my point - and why I am asking for an update directly from Ken himself!
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
It appears that eAsic hasnt been paid the NRE yet because the NDA hasnt been lifted.

Just wondering, why does it take so long to get them paid? Dripping btc into USD does not take this long.

To Hell with converting precious BTC into worthless Bernanke fun bux!

That works against everything Satoshi has accomplished in the past and hopes for in the future.

UPDATE

It's time to regroup and radically rethink ACTM's best course of action in light of the Avalon/NRE disasters and overwhelming, credible competition from Hashfast and Cointerra.

If you can't beat them (in the race to 28nm and >1GH/watt) join them.

We must stop burning money on possibly neutral but probably negative ROI engineering and hardware, IE write off the Avalon and 20GH chips.

We must halt the BTC conversion process, and split available financial resources between Cointerra and Hashfast bulk chip orders.   Both companies accept BTC and offer miner protection plans (difficulty insurance) in case of negative ROI.

I know the 20GH chip was Ken's baby and it really really sucks to have to cancel it, but in Bitcoin time we are eons past our initial assumptions.  

We must also disband the Cult of ACTM cheerleaders now known as the Board.   Their groupthink is beyond pernicious, it is deadly to shareholder ROI and nimble, creative strategic agility.

Adapt or perish.

iCEBREAKER
Chairman Emeritus
full member
Activity: 238
Merit: 100
It appears that eAsic hasnt been paid the NRE yet because the NDA hasnt been lifted.

Just wondering, why does it take so long to get them paid? Dripping btc into USD does not take this long.
hero member
Activity: 896
Merit: 500
Dolphins Finance TRUSTED FINANCE
Regarding a statement from eASIC, is it speculation at this point to assume that eASIC are simply waiting for the NRE to go through in order to release a statement? I ask because I feel a good chunk of the perceived validity of this stock hinges on such a statement. We've already seen that ActM gets left out in a lot of talk about 28nm chips. I'm not too concerned about that in and of itself, but I would like ActM to be seen as a serious contender and mentioned as such in discussions on Coindesk and the like.

So what are we using to found the idea that the primary thing keeping an eASIC statement from being released is unpaid NRE? That's obviously a good starting point, but are we under the impression that it's the only hurdle?

Other teams are taping-out,  but at meantime eASIC are waiting for the NRE to be paid for by ActM.  It's one month ago when IPO finished and fund for NRE raised.

There are no big news other than laggy NRE payment and non-full-speed running Avalon clones since the IPO finished.



I think it is VERY important that we hear from Ken as to whether or not the NRE of $1mil is paid or not!

It's been weeks now, and the first step to a 28nm ASIC is paying the NRE - if the NRE still hasn't been paid, its a BIG problem!

Either way, investors need (deserve) to know.

Paying the NRE is part of the deal with eAsic and therefore under NDA. Ken CAN'T say anything about the conversion or payments without breaking the NDA and jeopardizing the deal with eAsic.

If a couple of weeks without news is too much for you to handle, you should sell your shares and move on.

EDIT: right as I posted that the board was announced in the main thread - go have a look!

True - paying the NRE is probably included within the NDA

But, the conversion of BTC to USD ... why in the world would that be in the NDA? It has nothing to do with eASIC. Ken CAN and SHOULD let shareholders know what the situation is there.
full member
Activity: 196
Merit: 100
Regarding a statement from eASIC, is it speculation at this point to assume that eASIC are simply waiting for the NRE to go through in order to release a statement? I ask because I feel a good chunk of the perceived validity of this stock hinges on such a statement. We've already seen that ActM gets left out in a lot of talk about 28nm chips. I'm not too concerned about that in and of itself, but I would like ActM to be seen as a serious contender and mentioned as such in discussions on Coindesk and the like.

So what are we using to found the idea that the primary thing keeping an eASIC statement from being released is unpaid NRE? That's obviously a good starting point, but are we under the impression that it's the only hurdle?

Other teams are taping-out,  but at meantime eASIC are waiting for the NRE to be paid for by ActM.  It's one month ago when IPO finished and fund for NRE raised.

There are no big news other than laggy NRE payment and non-full-speed running Avalon clones since the IPO finished.



I think it is VERY important that we hear from Ken as to whether or not the NRE of $1mil is paid or not!

It's been weeks now, and the first step to a 28nm ASIC is paying the NRE - if the NRE still hasn't been paid, its a BIG problem!

Either way, investors need (deserve) to know.

Paying the NRE is part of the deal with eAsic and therefore under NDA. Ken CAN'T say anything about the conversion or payments without breaking the NDA and jeopardizing the deal with eAsic.

If a couple of weeks without news is too much for you to handle, you should sell your shares and move on.

EDIT: right as I posted that the board was announced in the main thread - go have a look!
hero member
Activity: 896
Merit: 500
Dolphins Finance TRUSTED FINANCE
Regarding a statement from eASIC, is it speculation at this point to assume that eASIC are simply waiting for the NRE to go through in order to release a statement? I ask because I feel a good chunk of the perceived validity of this stock hinges on such a statement. We've already seen that ActM gets left out in a lot of talk about 28nm chips. I'm not too concerned about that in and of itself, but I would like ActM to be seen as a serious contender and mentioned as such in discussions on Coindesk and the like.

So what are we using to found the idea that the primary thing keeping an eASIC statement from being released is unpaid NRE? That's obviously a good starting point, but are we under the impression that it's the only hurdle?

Other teams are taping-out,  but at meantime eASIC are waiting for the NRE to be paid for by ActM.  It's one month ago when IPO finished and fund for NRE raised.

There are no big news other than laggy NRE payment and non-full-speed running Avalon clones since the IPO finished.

I think it is VERY important that we hear from Ken as to whether or not the NRE of $1mil is paid or not!

It's been weeks now, and the first step to a 28nm ASIC is paying the NRE - if the NRE still hasn't been paid, its a BIG problem!

Either way, investors need (deserve) to know.
hero member
Activity: 887
Merit: 1000
Regarding a statement from eASIC, is it speculation at this point to assume that eASIC are simply waiting for the NRE to go through in order to release a statement? I ask because I feel a good chunk of the perceived validity of this stock hinges on such a statement. We've already seen that ActM gets left out in a lot of talk about 28nm chips. I'm not too concerned about that in and of itself, but I would like ActM to be seen as a serious contender and mentioned as such in discussions on Coindesk and the like.

So what are we using to found the idea that the primary thing keeping an eASIC statement from being released is unpaid NRE? That's obviously a good starting point, but are we under the impression that it's the only hurdle?

Other teams are taping-out,  but at meantime eASIC are waiting for the NRE to be paid for by ActM.  It's one month ago when IPO finished and fund for NRE raised.

There are no big news other than laggy NRE payment and non-full-speed running Avalon clones since the IPO finished.

Maybe you should sell your shares?  Huh
member
Activity: 210
Merit: 10
Regarding a statement from eASIC, is it speculation at this point to assume that eASIC are simply waiting for the NRE to go through in order to release a statement? I ask because I feel a good chunk of the perceived validity of this stock hinges on such a statement. We've already seen that ActM gets left out in a lot of talk about 28nm chips. I'm not too concerned about that in and of itself, but I would like ActM to be seen as a serious contender and mentioned as such in discussions on Coindesk and the like.

So what are we using to found the idea that the primary thing keeping an eASIC statement from being released is unpaid NRE? That's obviously a good starting point, but are we under the impression that it's the only hurdle?

Other teams are taping-out,  but at meantime eASIC are waiting for the NRE to be paid for by ActM.  It's one month ago when IPO finished and fund for NRE raised.

There are no big news other than laggy NRE payment and non-full-speed running Avalon clones since the IPO finished.
N_S
full member
Activity: 238
Merit: 100
Regarding a statement from eASIC, is it speculation at this point to assume that eASIC are simply waiting for the NRE to go through in order to release a statement? I ask because I feel a good chunk of the perceived validity of this stock hinges on such a statement. We've already seen that ActM gets left out in a lot of talk about 28nm chips. I'm not too concerned about that in and of itself, but I would like ActM to be seen as a serious contender and mentioned as such in discussions on Coindesk and the like.

So what are we using to found the idea that the primary thing keeping an eASIC statement from being released is unpaid NRE? That's obviously a good starting point, but are we under the impression that it's the only hurdle?
hero member
Activity: 658
Merit: 500
decentralize EVERYTHING...
Actually, to catch up on my conversation with Stu, things just changed.

Coinbase are using Mt Gox prices which implies maybe a deal of some kind has been done.

Unfortunately I suspect this is too late for Ken but it's really good news generally. Also, Bitcoin has been ruled legal in Germany (thus far) but professional Bitcoin sellers must charge sales tax (19% I think). Generally speaking, good news tho.

Now, if Coinbase can just sort out a UK bank as well...

EDIT: And they just switched back. I wonder what that was about.


yeah that was weird, I thought my eyes were messing with me.

EDIT: maybe Ken talked them into pushing the mtgox button for awhile... Wink
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