Topic: ActiveMining Overview and Speculation Thread - page 44. (Read 168100 times)

I agree. But maybe an Actm spokesperson should be established in the near future, keeping us up to date and making communication easier for ken.

By the way, if you've ever wondered what is involved in the development of an ASIC, or what RTL and Tape-out mean, then this article is for you: http://www.edn.com/design/systems-design/4319891/The-economics-of-structured-and-standard-cell-ASIC-designs

I know a lot of people on here are really eager for an eASIC press release.  I'm not holding my breath, here's why:

1) At this stage if there is ANY press release at all it'll be about 50 words long and say something along the lines of "eASIC has agreed to partner with VMC to develop a chip."

2) The press I see on eASIC's website is mostly for COMPLETED projects.  PR doesn't just stand for Press Release after all, and good PR this is.

3) eASIC won't be publicly committing to anything in a press release (especially delivery dates).

That said I think Ken is the real deal.

One interesting point to note: The Swedish company KNC Miner is also working with eASIC through ORSoC (who is a channel partner with eASIC).  See this image as proof: http://abload.de/img/dsc_36330bukj.jpg  taken from here: https://bitcointalksearch.org/topic/m.2410076

A channel partner is also known as a value added reseller if I'm not mistaken.

Since ORSoC has already publicly announced their partnership with KNCminer does that put them ahead of ActM in the product development curve?  Are they using the 45nm process or 28nm process?  As I see KNCminer as the only credible threat to ActM's runaway success.

An official press release from eASIC - what's the timeframe most people are allowing here? I'm aware Ken said a couple weeks, and from what I've heard from him and those close to him, he seems to really have his nose to the grindstone.

At what point do you begin losing confidence?

And you were correct to do so.  I sense an impending announcement regarding set dates for increased mining workload.

edit;

It's unlikely that a person would mention a meeting had it gone badly.  "I'm onsite with the engineers", to me suggests progression.

edit 2;

So this news, which is on the cards, will add an additional layer of shareholder confidence, pull back those who were/have thought about jumping ship and form a new step for us all to rise upon and view the proceedings below.   This security is 28nm.

This is a speculation thread and I was speculating.
My apologies if I gave the impression that I was trying to hurry Ken or anything-quite the opposite in fact. I am more than happy with the work Ken has - and continues to put in.
I was just trying to spark some discussion - other than talk about rival IPO's

From the main thread


From this I read that The Avalon clones are coming along well. Thoughts?

The assbot is fast and I guess having a lot of posts and lurking here for a while helps with approving new issuings

You exercise the options and you buy them at 0.0065 the premium is the cost of the option so its not profitable till 0.0086 if the price goes to 0.09
You make 0.0035 per share minus the premium and that is your profit

Example
Bought 1000 @ 0.0086 Strike + premium
Exercise options @ 0.009
Meaning you buy all your options at 0.0065 and can sell them for the market price at 0.009

For example if I wanted to offer an option I would say

I want to buy a put option

Strike 0.0075 Premium 0.0015 Duration 18 Days

Meaning that if the price goes below 0.0075 the option is in the money
But it would not be profitable to execute unless I purchase shares at a price below 0.006

Meanwhile it would give the option issuer 0.0015 BTC per option to use as money for offering to write the option

An option is written when things are volatile
For example I would write the put option if I think the price will collapse again for example more equity moving to labcoin in 2 hours creating a chaos spread
I would buy a call option if I thought that the price would go up on labcoin chaos occurring and people wanting to switch to Activemining

To be honest I want to buy options but the markets kind of wild so it would scare most people who want to offer any

man... sLABCOIN hit the Morgue.


16:12 (S) 7753 @ 0.00100000 LABCOIN
16:12 (S) 3938 @ 0.00100000 LABCOIN
16:12 (S) 40 @ 0.00100000 LABCOIN
16:12 (S) 5118 @ 0.00100000 LABCOIN
16:12 (S) 40 @ 0.00100000 LABCOIN
16:12 (S) 36 @ 0.00100000 LABCOIN
16:12 (S) 709 @ 0.00100000 LABCOIN
16:12 (S) 205 @ 0.00100000 LABCOIN
16:12 (S) 7 @ 0.00100000 LABCOIN
16:12 (S) 4490 @ 0.00100000 LABCOIN
16:12 (S) 1141 @ 0.00100000 LABCOIN
16:12 (S) 4194 @ 0.00100000 LABCOIN
16:12 (S) 143317 @ 0.00100000 LABCOIN
16:12 (S) 157 @ 0.00100000 LABCOIN
16:12 (S) 25811 @ 0.00100000 LABCOIN
16:12 (S) 394 @ 0.00100000 LABCOIN
16:11 (S) 1968 @ 0.00100000 LABCOIN
16:11 (S) 1211 @ 0.00100000 LABCOIN
16:11 (S) 24979 @ 0.00100000 LABCOIN
16:11 (S) 276 @ 0.00100000 LABCOIN
16:11 (S) 945 @ 0.00100000 LABCOIN
16:11 (S) 1229 @ 0.00100000 LABCOIN
16:11 (S) 61 @ 0.00100000 LABCOIN
16:11 (S) 3110 @ 0.00100000 LABCOIN
16:11 (S) 1968 @ 0.00100000 LABCOIN
16:11 (S) 3937 @ 0.00100000 LABCOIN
16:11 (S) 610 @ 0.00100000 LABCOIN
16:11 (S) 20120 @ 0.00100000 LABCOIN
16:11 (S) 2142 @ 0.00100000 LABCOIN
16:11 (S) 181009 @ 0.00100000 LABCOIN
16:11 (S) 178 @ 0.00100000 LABCOIN
16:11 (S) 196863 @ 0.00100000 LABCOIN
16:11 (S) 7047 @ 0.00100000 LABCOIN
16:11 (S) 1 @ 0.00100000 LABCOIN
16:11 (S) 4232 @ 0.00100000 LABCOIN


etc. etc. etc.


How did LABCOIN get voted into market so quick and easily and ACTM took so long?

see: Call and Put options for an in-depth explanation.

If theres extra money, I'd prefer to see that go toward building more mining machines for AMC once  eAsic is producing chips, bringing our hash rate up and giving us even higher divs in the long run.

Ok so right now I see an option

Strike 0.00650000
Premium 0.00210000
Cost 0.00860000

So if tomorrow the price goes to .009 i can make up to .0004 per share that i bought @ 10k is 4 Btc correct?,  And do i exercise the option or just sell it?

some part of those funds could be return as a dividend to the shareholders... it could support the price

Can you give an example using ActM?

Call is when you think the price is going to go up
Example Call at 0.75 Premium 0.125 would mean that Strike is 0.875
Price needs to be above 0.875 for it to be profitable to you
Options become worth less closer to expiration

Puts are the opposite if you think the price will collapse suddenly you buy puts then buy shares on the market at the lower price and execute the puts at the higher price

i dont understand the options to well, can you explain the call ones?

I sort of want to buy more options but not sure if their is an appetite for anyone to issue put options right now 

Depends how long it takes to convert all the money and get it into a US bank accounts (especially the latter). To do it at an acceptable rate is probably going to take a fair while. The downside of BTC at present.

Edit: But yeah, if the exchange rate holds up for a week or two that'd help a lot!

That is a very good point! The extra money should easily cover the remaining expenses (if any still exist) for the Klondike boards and Avalon clones.