ActiveMining Overview and Speculation Thread - page 40.

dexX7

legendary

Activity: 1106

Merit: 1026

Quote from: stenkross on August 04, 2013, 02:13:45 PM

I guess it was only a matter of time before competition caught up with ACTM.
Why would they just sit and wait for our 28nm miners to start shipping after all.

http://bitcoinexaminer.org/avalon-might-be-getting-a-200-million-investment-and-20nm-technology-to-become-the-leader-of-the-mining-market/

This can be considered as fake. Take a look at:

http://www.feld.com/wp/archives/2011/01/avalon-ventures-raises-a-new-200-million-fund-and-gets-a-new-website.html

Rich Levandov (the one in the article) co-founded Phoenix Technologies (the alleged umbrella of the fund mentioned by bitcoinexaminer). Do you see what happened here..? Grin

Vbs

hero member

Activity: 504

Merit: 500

Quote from: stenkross on August 04, 2013, 02:13:45 PM

I guess it was only a matter of time before competition caught up with ACTM.
Why would they just sit and wait for our 28nm miners to start shipping after all.

http://bitcoinexaminer.org/avalon-might-be-getting-a-200-million-investment-and-20nm-technology-to-become-the-leader-of-the-mining-market/

^ Right from the horse's mouth! Grin

20nm will only start being price competitive in ~2015 and will have hardly any price advantage over 28nm, since there are various manufacturing process constraints which raise the cost a lot.

LorenzoMoney

sr. member

Activity: 335

Merit: 250

I was watching BitFunder today, when that price drop happened, and I think it happened because the market is really thin. there really were not that many shares between .006 and .004, so if one person sells 20 shares, it look as if there is a serious price drop, but notice how quickly the hole got filled in.

Don't confuse noise for signal. If you look at the prices in .0001 increments instead of .000001 increments, it was not as big of a drop as it might appear.

Quote from: somestranger on August 04, 2013, 04:30:41 PM

Quote from: stenkross on August 04, 2013, 02:13:45 PM

I guess it was only a matter of time before competition caught up with ACTM.
Why would they just sit and wait for our 28nm miners to start shipping after all.

http://bitcoinexaminer.org/avalon-might-be-getting-a-200-million-investment-and-20nm-technology-to-become-the-leader-of-the-mining-market/

This seems extremely unlikely to me; why would someone invest $200M into a company that can barely fulfill its current orders, and why into a mining company instead of Bitcoin infrastructure?

Assuming this is true it means there will be competition for ActM but not for at least a year... even giant semiconductor companies like AMD and Intel are not on 20nm or lower yet. The performance difference between a 28nm and 20nm chip would be miniscule compared to the huge advantage presented by downscaling from 130nm to 20 or 28nm.

I am trying to figure out why the price on Bitfunder dropped 20% today (on low volume, but still...). Is it because of this elusive competition, or is it because people think Bitcoin is going to crash because of the Tor / Freedomhosting fiasco? Maybe there is another reason but I don't see it.

somestranger

hero member

Activity: 487

Merit: 500

Are You Shpongled?

Quote from: stenkross on August 04, 2013, 02:13:45 PM

I guess it was only a matter of time before competition caught up with ACTM.
Why would they just sit and wait for our 28nm miners to start shipping after all.

http://bitcoinexaminer.org/avalon-might-be-getting-a-200-million-investment-and-20nm-technology-to-become-the-leader-of-the-mining-market/

This seems extremely unlikely to me; why would someone invest $200M into a company that can barely fulfill its current orders, and why into a mining company instead of Bitcoin infrastructure?

Assuming this is true it means there will be competition for ActM but not for at least a year... even giant semiconductor companies like AMD and Intel are not on 20nm or lower yet. The performance difference between a 28nm and 20nm chip would be miniscule compared to the huge advantage presented by downscaling from 130nm to 20 or 28nm.

I am trying to figure out why the price on Bitfunder dropped 20% today (on low volume, but still...). Is it because of this elusive competition, or is it because people think Bitcoin is going to crash because of the Tor / Freedomhosting fiasco? Maybe there is another reason but I don't see it.

stenkross

sr. member

Activity: 330

Merit: 250

I guess it was only a matter of time before competition caught up with ACTM.
Why would they just sit and wait for our 28nm miners to start shipping after all.

http://bitcoinexaminer.org/avalon-might-be-getting-a-200-million-investment-and-20nm-technology-to-become-the-leader-of-the-mining-market/

zumzero

hero member

Activity: 602

Merit: 500

myBitcoin.Garden

https://bitcointalk.org/index.php?topic=252531.3000

deizel

member

Activity: 114

Merit: 10

Quote from: kslaughter on August 03, 2013, 11:21:03 PM

Hey guys! I wanted to let all shareholders know that I have taken on someone to handle Public Relations, posting on the forum, posting captures, videos and taking on your questions or concerns. The account will function under ActiveMining-PR on Bitcointalk.org only. All Press Releases, notes, informational and brochures will come through this account. Please bookmark and look for its latest posts.

Rawted

hero member

Activity: 742

Merit: 500

Quote from: kslaughter on August 03, 2013, 09:12:36 PM

Quote from: kleeck on August 03, 2013, 09:10:28 PM

Man. I'm bummed out over not having that report yet! Undecided

Someone hold me... Cry

Sorry, been working all day on eAsic deal and doing the transfers.

Where are the other 2 slaughter higher ups? The board? Anyone who can type?

Seriously, this is getting old now.

Panterino

member

Activity: 70

Merit: 10

Quote from: kslaughter on August 03, 2013, 09:12:36 PM

Quote from: kleeck on August 03, 2013, 09:10:28 PM

Man. I'm bummed out over not having that report yet! Undecided

Someone hold me... Cry

Sorry, been working all day on eAsic deal and doing the transfers.

Nothing could be more important than the eAsic deal. I applaud your prioritizing skills, Ken.

kleeck

hero member

Activity: 532

Merit: 500

https://karatcoin.co

Quote from: kslaughter on August 03, 2013, 09:12:36 PM

Quote from: kleeck on August 03, 2013, 09:10:28 PM

Man. I'm bummed out over not having that report yet! Undecided

Someone hold me... Cry

Sorry, been working all day on eAsic deal and doing the transfers.

Ken. I love you. I know you're busy. Get caught up and blow our socks off. Do you anticipate delivering the report before the end of the weekend?

kslaughter

sr. member

Activity: 476

Merit: 250

Quote from: kleeck on August 03, 2013, 09:10:28 PM

Man. I'm bummed out over not having that report yet! Undecided

Someone hold me... Cry

Sorry, been working all day on eAsic deal and doing the transfers.

kleeck

hero member

Activity: 532

Merit: 500

https://karatcoin.co

Man. I'm bummed out over not having that report yet! Undecided

Someone hold me... Cry

drdanishkhan

full member

Activity: 140

Merit: 100

Looking back at the graph now.. Share price graph looks exactly like a textbook bubble.. Shocked

Lytse

newbie

Activity: 56

Merit: 0

Quote from: somestranger on August 03, 2013, 04:26:00 AM

Quote from: ArcticWolf on August 03, 2013, 03:52:09 AM

Some speculating!

I think that tomorrow, after Ken has posted the new info and people have doubled their btc garden money and cashed out, that we will be back in the 0.0067-0.007 range

Ding ding ding. I bought some cheap ActiveMining on BTC-TC too. It's lower than on Bitfunder right now!!

move the selling wall please Wink

somestranger

hero member

Activity: 487

Merit: 500

Are You Shpongled?

Quote from: ArcticWolf on August 03, 2013, 03:52:09 AM

Some speculating!

I think that tomorrow, after Ken has posted the new info and people have doubled their btc garden money and cashed out, that we will be back in the 0.0067-0.007 range

Ding ding ding. I bought some cheap ActiveMining on BTC-TC too. It's lower than on Bitfunder right now!!

ArcticWolf

full member

Activity: 196

Merit: 100

Some speculating!

I think that tomorrow, after Ken has posted the new info and people have doubled their btc garden money and cashed out, that we will be back in the 0.0067-0.007 range

ArcticWolf

full member

Activity: 196

Merit: 100

Quote from: snowdropfore on August 03, 2013, 03:01:39 AM

Quote from: somestranger on August 03, 2013, 02:59:49 AM

Quote from: Vigil on August 03, 2013, 02:51:00 AM

for how long do you need to own the stock in order to collect dividends?

If you own the stock when dividends are paid you will receive them. Dividends are usually paid out on Thursdays (US time). They are pretty close to receiving nothing at this point, though. You should be more focused on share price growth than dividends until the Avalon clones are up and running.

could you estimate when will the avalon clones up and running??

Ken posted that the chips are ~2 weeks delayed, so I'd say sometime in September.
Klondikes should be soon tho.

Ninja Edit! Found the quote

Quote from: kslaughter on July 21, 2013, 11:31:38 AM

We are about a week behind on the Avalon prototypes, due to us having to get some bitcoins converted. I was dragging my feet due to the price of bitcoin being $68 at the time. Everything is looking good for the end of August for the Avalon clones. Looks like our 20,000 chips are going to be about two weeks late from what I have read.

somestranger

hero member

Activity: 487

Merit: 500

Are You Shpongled?

Quote from: snowdropfore on August 03, 2013, 03:01:39 AM

Quote from: somestranger on August 03, 2013, 02:59:49 AM

Quote from: Vigil on August 03, 2013, 02:51:00 AM

for how long do you need to own the stock in order to collect dividends?

If you own the stock when dividends are paid you will receive them. Dividends are usually paid out on Thursdays (US time). They are pretty close to receiving nothing at this point, though. You should be more focused on share price growth than dividends until the Avalon clones are up and running.

could you estimate when will the avalon clones up and running??

Around 2-4 weeks I believe; Ken will likely address this in his update that will be posted "as soon as possible" (probably tomorrow). The Klondike boards should be up a bit sooner than that, but those are only ~400GH/s (doubling the current hashrate) vs 5,000GH/s from the clones.

snowdropfore

hero member

Activity: 843

Merit: 1001

Quote from: somestranger on August 03, 2013, 02:59:49 AM

Quote from: Vigil on August 03, 2013, 02:51:00 AM

for how long do you need to own the stock in order to collect dividends?

If you own the stock when dividends are paid you will receive them. Dividends are usually paid out on Thursdays (US time). They are pretty close to receiving nothing at this point, though. You should be more focused on share price growth than dividends until the Avalon clones are up and running.

could you estimate when will the avalon clones up and running??

somestranger

hero member

Activity: 487

Merit: 500

Are You Shpongled?

Quote from: Vigil on August 03, 2013, 02:51:00 AM

for how long do you need to own the stock in order to collect dividends?

If you own the stock when dividends are paid you will receive them. Dividends are usually paid out on Thursdays (US time). They are pretty close to receiving nothing at this point, though. You should be more focused on share price growth than dividends until the Avalon clones are up and running.

Topic: ActiveMining Overview and Speculation Thread - page 40. (Read 168030 times)