[ActiveMining] The Official Active Mining Discussion Thread - page 105.

VolanicEruptor

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Quote from: ?? on ??

Quote from: ffssixtynine on August 29, 2013, 01:40:37 PM

Not sure what bob's amazed about, it's been the done thing for the last 24 hours!

What's amazing is not getting a refund, it's the reactions on this thread, always missing the point.

Not getting your order is never good news - unless you take into account that ActiveMining would not have been able to use the chips, then it's temporarily good news.

So what's left for ActiveMining? The worst 28 nm chips out there? If/when they get them, will it be enough?

"the worst 28 nm chips out there!!!"
lol, you are not good with words are you? I actually visualized a little kid screaming that...

granitemouse

newbie

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Personally I would like the Avalon refund paid to the share holders as a dividend, as a sort of good faith and reward for being aboard. Whereas you can say this is short term thinking and not in the long term best of the company, the Avalon chip plan was for a short term boost to make mining revenue while waiting for our chip production. By paying this out in dividends the share holders would be getting this benefit right away. By announcing the plan to do this, it would further encourage people to take advantage of these cheap shares which would combat the slow decline while waiting for our official announcement.

ffssixtynine

sr. member

Activity: 364

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eASIC confirmation is important because:

- The IPO was based on the eASIC deal so shareholders need a meaningful progress report.

- eASIC are well respected in the 28nm space.

- ActiveMining need to evidence their chip partner to get (VMC) press and additional sales. VMC are nowhere PR wise and need to evidence they are a legitimate competitor to get on the press' radar.

- Confirmation from eASIC is also key because people can then do bulk chip purchases to make their own machines. Talking of which, we've asked Ken for a much lower minimum chip order for third parties.

There will still be a way to go, naturally, but it is very important and ought to have a significant effect on the share price.

Glad to see Ken requested a refund. Not sure what bob's amazed about, it's been the done thing for the last 24 hours!

N_S

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Quote from: bobboooiie on August 29, 2013, 01:20:48 PM

Lol are they ? This thread never fails to amaze me

What's amazing about the refund request?

bobboooiie

hero member

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Quote from: Ozymandias on August 29, 2013, 01:00:47 PM

Quote from: ActiveMining-PR on August 29, 2013, 12:44:00 PM

Avalon update-

Ken has requested of Yifu to refund his orders for Avalon chips:
ORDER DATE STATUS TOTAL
#10473 June 1, 2013 Sample-chip-shipped 782.10 for 1 item

#10409 May 28, 2013 Sample-chip-shipped 782.10 for 1 item

Excellent news!

Lol are they ? This thread never fails to amaze me

Ozymandias

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Quote from: ActiveMining-PR on August 29, 2013, 12:44:00 PM

Avalon update-

Ken has requested of Yifu to refund his orders for Avalon chips:
ORDER DATE STATUS TOTAL
#10473 June 1, 2013 Sample-chip-shipped 782.10 for 1 item

#10409 May 28, 2013 Sample-chip-shipped 782.10 for 1 item

Excellent news!

knybe

hero member

Activity: 658

Merit: 500

decentralize EVERYTHING...

whaaattt??

Did I just miss some cheap shares?! dammit.

I'm gettin off-the-grid to Big Sur for a week.

Hopefully I come back to a beautiful new stack of ACTM news... among other things.

you people keep it above the belt in here.

laters.

VolanicEruptor

sr. member

Activity: 392

Merit: 250

Quote from: ActiveMining-PR on August 29, 2013, 12:44:00 PM

Avalon update-

Ken has requested of Yifu to refund his orders for Avalon chips:
ORDER DATE STATUS TOTAL
#10473 June 1, 2013 Sample-chip-shipped 782.10 for 1 item

#10409 May 28, 2013 Sample-chip-shipped 782.10 for 1 item

And where would the refund money go?

funkymunky

sr. member

Activity: 283

Merit: 250

Quote from: ActiveMining-PR on August 29, 2013, 12:44:00 PM

Avalon update-

Ken has requested of Yifu to refund his orders for Avalon chips:
ORDER DATE STATUS TOTAL
#10473 June 1, 2013 Sample-chip-shipped 782.10 for 1 item

#10409 May 28, 2013 Sample-chip-shipped 782.10 for 1 item

Great decision, thank you and welcome back.

N_S

full member

Activity: 238

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Quote from: ActiveMining-PR on August 29, 2013, 12:44:00 PM

Avalon update-

Ken has requested of Yifu to refund his orders for Avalon chips:
ORDER DATE STATUS TOTAL
#10473 June 1, 2013 Sample-chip-shipped 782.10 for 1 item

#10409 May 28, 2013 Sample-chip-shipped 782.10 for 1 item

A step in the right direction. Thanks!

ActiveMining-PR

newbie

Activity: 27

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Avalon update-

Ken has requested of Yifu to refund his orders for Avalon chips:
ORDER DATE STATUS TOTAL
#10473 June 1, 2013 Sample-chip-shipped 782.10 for 1 item

#10409 May 28, 2013 Sample-chip-shipped 782.10 for 1 item

Stuartuk

sr. member

Activity: 266

Merit: 250

Yes hashing power will be the clincher but if you are in this for the long term these price fluctuations mean nothing. Let the speculators have their day but remember tomorrow is ours.

N_S

full member

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Quote from: Mabsark on August 29, 2013, 12:39:15 PM

That's not a significant change though.

Also, confirmation alone won't have much of an effect on share price, it'll only cause it to rise a little. Having some dates for the chips would see a greater rise but the only news that will cause a big rise in share price is hashing power coming online.

Both would be good and both are in order. Let's all just sit back and watch what happens.

Mabsark

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Quote from: N_S on August 29, 2013, 12:30:58 PM

Quote from: Mabsark on August 29, 2013, 12:29:47 PM

It will just relieve some people fears, that's all.

That can have quite a substantial effect on price/confidence, no?

That's not a significant change though.

Also, confirmation alone won't have much of an effect on share price, it'll only cause it to rise a little. Having some dates for the chips would see a greater rise but the only news that will cause a big rise in share price is hashing power coming online.

iCEBREAKER

legendary

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Crypto is the separation of Power and State.

Quote from: Mabsark on August 29, 2013, 12:29:47 PM

Quote from: ffssixtynine on August 29, 2013, 12:20:58 PM

We've been telling Ken he needs to get some things out of NDA asap. I understand he's trying to deal with this at the moment. Confirmation of a deal with eASIC would change things significantly and that's what we're all waiting to hear.

We've also asked for an Avalon update today.

What exactly do you expect confirmation from eASIC to change? It will have no significant effect whatsoever. It will just relieve some people fears, that's all.

Some people are really excited about eASIC confirming they're making an obsolete chip for ACTM. As a shareholder, I'm dreading it.

Less than 20GH per chip? Oh, yay. Satoshi dust for everybody! Roll Eyes

Better news would be that Ken pulled out in time and is splitting the NRE/Avalon refund money between Cointerra and Hashfast chips.

N_S

full member

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Quote from: Mabsark on August 29, 2013, 12:29:47 PM

It will just relieve some people fears, that's all.

That can have quite a substantial effect on price/confidence, no?

Mabsark

legendary

Activity: 826

Merit: 1004

Quote from: ffssixtynine on August 29, 2013, 12:20:58 PM

We've been telling Ken he needs to get some things out of NDA asap. I understand he's trying to deal with this at the moment. Confirmation of a deal with eASIC would change things significantly and that's what we're all waiting to hear.

We've also asked for an Avalon update today.

What exactly do you expect confirmation from eASIC to change? It will have no significant effect whatsoever. It will just relieve some people fears, that's all.

N_S

full member

Activity: 238

Merit: 100

Quote from: ffssixtynine on August 29, 2013, 12:20:58 PM

We've been telling Ken he needs to get some things out of NDA asap. I understand he's trying to deal with this at the moment. Confirmation of a deal with eASIC would change things significantly and that's what we're all waiting to hear.

We've also asked for an Avalon update today.

ffs, my man!

This is exactly the stuff I want to see. Please keep this up!

Subcide

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Thanks ffssixtynine.

Hopefully something comes of that.

Also thanks to whoever just ate through the asks up to 0.005

ffssixtynine

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Activity: 364

Merit: 250

We've been telling Ken he needs to get some things out of NDA asap. I understand he's trying to deal with this at the moment. Confirmation of a deal with eASIC would change things significantly and that's what we're all waiting to hear.

We've also asked for an Avalon update today.

Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 105. (Read 479317 times)