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Topic: ActiveMining Overview and Speculation Thread - page 27. (Read 168026 times)

sr. member
Activity: 266
Merit: 250
The latest pile of trash from micebreaker contains no valid points.

btw if any one can find anything worth commenting on in micebreakers post and want an answer post your questions here.

sr. member
Activity: 275
Merit: 250
N_S: icebreaker is a VI and looks to stir trouble in various places to suit his own needs. Ignoring him is all well and good for regulars be he is looking to affect share prices for everyone who does not know what he is up to, so he forces people to continually post the actual news or start a troll war.

It's basically a sock which is deliberately destructive.

If only there were board moderators to deal with this - it makes the forum far less useful than it should be...oh, wait, you can report posts...

yes, moderation is non existent it seems

but yeah, report away and hope something gives
sr. member
Activity: 364
Merit: 250
N_S: icebreaker is a VI and looks to stir trouble in various places to suit his own needs. Ignoring him is all well and good for regulars be he is looking to affect share prices for everyone who does not know what he is up to, so he forces people to continually post the actual news or start a troll war.

It's basically a sock which is deliberately destructive.

If only there were board moderators to deal with this - it makes the forum far less useful than it should be...oh, wait, you can report posts...
Sou
full member
Activity: 210
Merit: 100
(Bitcoin related text here)
iCEBREAKER, unlike most on here, I refuse to ignore you (although I have wanted to at times). I actually do appreciate some of your criticisms as, despite what some say, they do have occasional merit. My contention is with how you address and voice your concerns. You continuously paint such a dreadful, end-of-times style picture when one really isn't warranted. Now, many will say you do this to depress stock prices so you can pick up cheap shares. Perhaps that is indeed the case and I'm simply wasting my time. I personally don't see the juice being worth the squeeze, but that doesn't much matter.

Can you not voice concerns without the unnecessary drama? If it's simply a matter of that being how you express yourself, I suppose that's fine. But, and I think you'll agree, most of the reason these threads drift off-topic is due to people returning fire to your admittedly eloquent, if not slightly contrived, critiques.

Maybe someone just needs to ask nicely? I'll give it a try...

His post history might suggest some ulterior motivation – I just don’t see someone pouring hours into a thread without some kind of stake in the matter.
N_S
full member
Activity: 238
Merit: 100
iCEBREAKER, unlike most on here, I refuse to ignore you (although I have wanted to at times). I actually do appreciate some of your criticisms as, despite what some say, they do have occasional merit. My contention is with how you address and voice your concerns. You continuously paint such a dreadful, end-of-times style picture when one really isn't warranted. Now, many will say you do this to depress stock prices so you can pick up cheap shares. Perhaps that is indeed the case and I'm simply wasting my time. I personally don't see the juice being worth the squeeze, but that doesn't much matter.

Can you not voice concerns without the unnecessary drama? If it's simply a matter of that being how you express yourself, I suppose that's fine. But, and I think you'll agree, most of the reason these threads drift off-topic is due to people returning fire to your admittedly eloquent, if not slightly contrived, critiques.

Maybe someone just needs to ask nicely? I'll give it a try...
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
newbie
Activity: 50
Merit: 0
There is your update people.  Now hopefully we can have a dividend on Friday and that will make me happy because then I can buy a couple more shares Smiley
N_S
full member
Activity: 238
Merit: 100
sr. member
Activity: 364
Merit: 250
Guys, I'm not being funny here but there have been plenty of updates and it's been discussed to death. There can't be much to say!

If you've invested short term for trade price, this isn't Ken's problem. It is not his job to push out news to change that price so you can make a profit. Day trading is absolutely fine but this is not a stock well suited for that right now, at least to the extent that there is only going to be one significant item of news for 2-3 months (eASIC), and one medium one (Avalon).

ActiveMining aren't trading at this point beyond a little mining.

If you've invested short term for dividends then you're not going to get much, and certainly not without Avalon chips. ActiveMining is in the same position as many others in this regard. There is nothing more to say here. The odd picture of other mining hardware is really not that useful but I'm sure will come along when ready.

The recent IPO was for hardware which is 3 months or so away. The only news (on this front) Ken can do in the near/medium term is when/that the eASIC deal has gone through. After that, he still needs to keep certain business operations under wraps and not run his business in public.

If you can't cope without constant reaffirmation of your decision to buy shares then you shouldn't be invested.

So please, let ActiveMining/PR get on with their job. Weekly updates are just fine, and those updates may be about the board, eASIC, whatever is suitable, but there is not going to be major news beyond what I already said (as far as I know).
member
Activity: 111
Merit: 10
Everything about this stock is suspicious. Everything is a little off and if you point it out you get hounded with "perhaps this explains it, perhaps that explains it." We could be in for a rude surprise.

We could.  But hey its the same for all these digital securities.  I think there is fairly good evidence that the avalon chips are for real and in route, albeit who knows when.  The easic deal looks like it is at least being acknowledged by both sides, easic and ken. There's just not a lot to happen right now and the silence is making some people question.  So far in terms of hardware delivery Ken has been on pace with everything he has stated, all delays have been purely from third party vendors.

We never got photos of the prototype hashing. This is very suspicious.

"This is so suspicious that I'm going to keep saying that this is so suspicious so that maybe I can buy some cheap shares. I don't have better things to do than to continue telling people how suspicious things are. I care enough just to warn people, have no intent other than that."

/s
EDIT: but yeah, I agree, pix would be good. And an update would be great. I trust Ken/VMC/ACTM, but it's been a while. We need to be fed.
N_S
full member
Activity: 238
Merit: 100
I'm really in full support of a substantial update. That needs to happen.
member
Activity: 70
Merit: 10
We never got photos of the prototype hashing. This is very suspicious.

Well, from what ActiveMining-PR said in his most recent post:

Quote from: ActiveMining-PR
Right now we are sticking to the first four goals: finalize with eASIC to start chip production, finish construction on the prototypes (need those Avalon chips), get the Klondikes in, and form The Advisory board.

He said we would have pix of the prototype when Ken got it back from the engineer's.
N_S
full member
Activity: 238
Merit: 100
We never got photos of the prototype hashing. This is very suspicious.

Well, from what ActiveMining-PR said in his most recent post:

Quote from: ActiveMining-PR
Right now we are sticking to the first four goals: finalize with eASIC to start chip production, finish construction on the prototypes (need those Avalon chips), get the Klondikes in, and form The Advisory board.
member
Activity: 70
Merit: 10
Everything about this stock is suspicious. Everything is a little off and if you point it out you get hounded with "perhaps this explains it, perhaps that explains it." We could be in for a rude surprise.

We could.  But hey its the same for all these digital securities.  I think there is fairly good evidence that the avalon chips are for real and in route, albeit who knows when.  The easic deal looks like it is at least being acknowledged by both sides, easic and ken. There's just not a lot to happen right now and the silence is making some people question.  So far in terms of hardware delivery Ken has been on pace with everything he has stated, all delays have been purely from third party vendors.

We never got photos of the prototype hashing. This is very suspicious.
N_S
full member
Activity: 238
Merit: 100
We could.  But hey its the same for all these digital securities.  I think there is fairly good evidence that the avalon chips are for real and in route, albeit who knows when.  The easic deal looks like it is at least being acknowledged by both sides, easic and ken. There's just not a lot to happen right now and the silence is making some people question.  So far in terms of hardware delivery Ken has been on pace with everything he has stated, all delays have been purely from third party vendors.

I'm very much looking forward to not having to be held hostage by third party vendors. Add in an absence of management communication and you have a great FUD cocktail.
full member
Activity: 154
Merit: 100
Everything about this stock is suspicious. Everything is a little off and if you point it out you get hounded with "perhaps this explains it, perhaps that explains it." We could be in for a rude surprise.

We could.  But hey its the same for all these digital securities.  I think there is fairly good evidence that the avalon chips are for real and in route, albeit who knows when.  The easic deal looks like it is at least being acknowledged by both sides, easic and ken. There's just not a lot to happen right now and the silence is making some people question.  So far in terms of hardware delivery Ken has been on pace with everything he has stated, all delays have been purely from third party vendors.
Vbs
hero member
Activity: 504
Merit: 500
If the Uniquify/Hashfast Official Press Release isn't a big deal and merely confirmation of known info, why is the ACTM Boy's Choir salivating in anticipation of, and howling with impatience for, eASIC to Officially announce their ACTM partnership?
Because they are all in the same building, it was already obvious that they were going to be working together and the press release was largely symbolic. ActiveMining and eASIC are not intrinsically related, so showing the deal is complete would be far more than a symbolic gesture.

Are Hashfast and Uniquify really in the same building?  I only ask for confirmation because Vbs said
Quote
Neither of us knows the concrete details.
 

But seriously, we already have seen signed documentation confirming an ACTM/eASIC agreement.

A press release may strongly imply the NRE has been paid, but wouldn't confirm anything we don't already know.

IDC if 1/200 Uniquify employees had a sad and 1/100 eASIC employees had a warm feels on Glassdoor.   Roll Eyes

That kind of corporate phrenology, plus $5, will get you an organic chai maté lattè at the Peet's in San Jose.   Wink  

Spread all the FUD WRT cooling a big hot chip you like, if it makes you feel better about getting married to the wrong stock.   Grin

I've run overclocked 7970s for over a year and know it isn't that hard to dial in a good heat/performance sweet spot.  And that's (mostly) with stock air cooling!  Hashfast/ice.drill are using liquid cooling, which is far more effective even if they don't know about Vbs' top sekrit phase-changing xenomorphic transdimentional cavitating hypercritical autocalibrating mildly psychic chip goo.

The TDP of a 7970 GHz Edition is 300W, while one HashFast chip is rated at a minimum of 350W. Also, I'm sure each HashFast chip will be built using the same quality processes used on a Tahiti XT2 and will also be using vapour-chamber and/or heat-pipes to cool it, along with a nicely big cooler. I'm sure those come cheap. Roll Eyes

On the other hand one ActM's chip at <15W would be pretty happy even with a low-quality thermal pad and low-quality aluminium heatsink. I'm sure both cooling solutions cost the same, right? Grin


So whatever anyone may think of ActiveMining, a press release from eASIC is a very big deal because it confirms the validity of the offering, validity of the claims from a highly respected ASIC specialist company, and establishment of a business relationship. At the moment we only have Ken's word that eASIC have agreed to anything and nothing confirming a business relationship or that payment has been made.

Note that I haven't commented on HashFast at all and I agree with you regarding employee opinion posts being a poor way to judge a company's output. You can only judge on the output, or if employee opinions change significantly over time (which can sometimes signal an upward or downward change in fortunes).

I agree, the much anticipated eASIC press release will be a BFD for ACTM, just as the Uniquify PR was for ice.drill.

I object to Vbs and others accepting the former while contriving excuses for rejecting the latter.

This was posted on 25th July 2013: https://bitcointalksearch.org/topic/hashfast-announces-specs-for-new-asic-400ghs-262052

After that letter signed by Uniquify was made public, what's the impact of a PR news posted 2 days ago on Uniquify's website? Almost zero. Kiss
member
Activity: 70
Merit: 10
Everything about this stock is suspicious. Everything is a little off and if you point it out you get hounded with "perhaps this explains it, perhaps that explains it." We could be in for a rude surprise.
sr. member
Activity: 266
Merit: 250
Hope that Ken was not using MtGox to convert the bitcoins.  Sad
Tradehill is being used apparently, although that does not exclude the use of other exchanges. Ken is smart enough to know not to use MtGox.

I agree Ken is a wise operator. Bitstamp is an excellent exchange, I've done numerous euro (SEPA) deposits with them (credited within 48 hrs at the longest) purchases and btc transfers with absolutely zero problems. 100 USD/btc there today. Often the usual 5-10 dollars shy of mtgox but USD withdrawl shouldn't be a problem.
sr. member
Activity: 364
Merit: 250
Hope that Ken was not using MtGox to convert the bitcoins.  Sad
Tradehill is being used apparently, although that does not exclude the use of other exchanges. Ken is smart enough to know not to use MtGox.

Actually we don't know this, only that he spoke to Tradehill. He could be using a number of sources.

From following the tribulations of other start-ups and bitcoin firms recently, I imagine it can take quite a while to convert funds, depending upon your set up. All exchanges require KYC and have limits on the amount that can be transferred about, while KYC itself can be problematic for companies. This is why we need some regulation compliant exchanges that banks/USA are happy with.

Banks are not accommodating for Bitcoin related transfers. In the UK it's a nightmare. Also see: http://www.reddit.com/r/Bitcoin/comments/1ke0ro/commonwealth_bank_of_australia_closes_personal/

eASIC are unlikely to make an public comment until they've signed the contract and received all the funds for the NRE. This is another reason why a statement from them is important - it's evidence that they've been paid the money raised by the IPO.

I have no intention of debating with anyone, but I will correct information put across from either camp if it's incorrect or misleading. I considered iCEBREAKER's post misleading.
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