[ActiveMining] The Official Active Mining Discussion Thread - page 122.

thefunkybits

legendary

Activity: 1218

Merit: 1000

Quote from: N_S on August 26, 2013, 01:07:41 PM

Quote from: thefunkybits on August 26, 2013, 12:57:37 PM

Im just as anxious for news here but these threads are getting clogged with FUD because eASIC isnt making and shipping our chips by the end of the month. The risk/reward ratio on this stock is INSANE, and we know ACTM is under NDA with eASIC. Obviously progress is happening but not as fast as some of the people trying to make a quick buck would like, i don't have a problem with that.

im a major fan of this stock for a very good reason

Completely understand and largely agree.

My remark was to your statement that even if the eASIC deal "went down the shitter" we'd still have chips coming/hashing. I'm simply saying if eASIC goes away, so should you.

Fair enough, maybe I need to think a little more before I post. Because you're right, if all we had left was the avalon chips I would be forced to run for the door. This eASIC deal is the glue holding this together for the time being and the day we hear something substantial from eASIC or Ken on this will be my Christmas this year.

Its always darkest before dawn

Stuartuk

sr. member

Activity: 266

Merit: 250

If the easic deal doesn't materialise (ive no idea but I'd say its 99% guaranteed thats why I only hold ACtM) do you not think Ken will do something productive with the 1mill+ USD he has? There are a lot of options to make big bucks even without easic, they are not the only golden ticket.

N_S

full member

Activity: 238

Merit: 100

Quote from: thefunkybits on August 26, 2013, 12:57:37 PM

Im just as anxious for news here but these threads are getting clogged with FUD because eASIC isnt making and shipping our chips by the end of the month. The risk/reward ratio on this stock is INSANE, and we know ACTM is under NDA with eASIC. Obviously progress is happening but not as fast as some of the people trying to make a quick buck would like, i don't have a problem with that.

im a major fan of this stock for a very good reason

Completely understand and largely agree.

My remark was to your statement that even if the eASIC deal "went down the shitter" we'd still have chips coming/hashing. I'm simply saying if eASIC goes away, so should you.

thefunkybits

legendary

Activity: 1218

Merit: 1000

Im just as anxious for news here but these threads are getting clogged with FUD because eASIC isnt making and shipping our chips by the end of the month. The risk/reward ratio on this stock is INSANE, and we know ACTM is under NDA with eASIC. Obviously progress is happening but not as fast as some of the people trying to make a quick buck would like, i don't have a problem with that.

im a major fan of this stock for a very good reason

N_S

full member

Activity: 238

Merit: 100

Quote from: thefunkybits on August 26, 2013, 12:43:38 PM

Weak hands.
Please sell me your shares

I don't think you understand.

eASIC is ActM's golden ticket. And that is precisely the term to use. If that goes away, even if we make the assumption that ActM has the 20k Avalon chips up and hashing, you're talking about an operation that has ~6TH/s of hashing power.....and that's it. No future plans would exist at that point because ALL the future plans are with eASIC right now, which is exactly where they should be.

If that goes away, so do all future plans.

Now, I don't think eASIC is going away. Not in the slightest. But if they do, my previous statement stands.

knybe

hero member

Activity: 658

Merit: 500

decentralize EVERYTHING...

Quote from: thefunkybits on August 26, 2013, 12:43:38 PM

Weak hands.
Please sell me your shares

this ain't a poker game, fanboy.

btw, snarky noob fanfoys in this forum are now instantly ignored along with the trolls.

thefunkybits

legendary

Activity: 1218

Merit: 1000

Weak hands.
Please sell me your shares

knybe

hero member

Activity: 658

Merit: 500

decentralize EVERYTHING...

Quote from: N_S on August 26, 2013, 12:41:16 PM

Quote from: thefunkybits on August 26, 2013, 12:35:02 PM

Im referring to the fact that even if this whole Easic deal goes down the shitter at least we have more chips on the way

If the eASIC deals falls through, and you're still holding shares, you should get a pre-order on your official 'Bag Holder' t-shirt.

exactly.

N_S

full member

Activity: 238

Merit: 100

Quote from: thefunkybits on August 26, 2013, 12:35:02 PM

Im referring to the fact that even if this whole Easic deal goes down the shitter at least we have more chips on the way

If the eASIC deals falls through, and you're still holding shares, you should get a pre-order on your official 'Bag Holder' t-shirt.

thefunkybits

legendary

Activity: 1218

Merit: 1000

Quote from: MilkyLep on August 26, 2013, 12:26:36 PM

Quote from: thefunkybits on August 26, 2013, 12:23:54 PM

The price isn't budging any lower and positive news has to be imminent.

Just to play an elementary child's version of a devil's advocate, no it doesn't.

Im referring to the fact that even if this whole Easic deal goes down the shitter at least we have more chips on the way

MilkyLep

hero member

Activity: 583

Merit: 500

Bitcoin for all & all for Bitcoin

Quote from: thefunkybits on August 26, 2013, 12:23:54 PM

The price isn't budging any lower and positive news has to be imminent.

Just to play an elementary child's version of a devil's advocate, no it doesn't.

knybe

hero member

Activity: 658

Merit: 500

decentralize EVERYTHING...

All I'm saying is the year is fast coming to a close and it's ALL SILENT with regards to substantial information as to progress.

Hell I just read somewhere that KnC took delivery of ASIC boards.

Would be nice to see SOMETHING, even just a tiny bit of news to know if anything is happening.

EDIT: I find it frustrating to read news in the trades media, all over the place, of competitors moving ahead and not one word as to anything taking place with ActM...

I've been patient but time moves 10x faster in this space than regular business. If we're not keeping pace, or moving ahead then what are we doing?

thefunkybits

legendary

Activity: 1218

Merit: 1000

Now is the time to go all in.
The price isn't budging any lower and positive news has to be imminent.

Patience is a virtue

Keep up the good work Ken & team!

kleeck

hero member

Activity: 532

Merit: 500

https://karatcoin.co

Quote from: knybe on August 26, 2013, 12:18:32 PM

yo what up with the the "major news update?!"

my patience grows weary as does my loyalty.

Just to be clear, no official source stated anything about a "major news update" today.

I am also weary of the radio silence regarding the NRE, but lets not get ourselves all worked up over unsubstantiated claims made on these forums.

kleeck

hero member

Activity: 532

Merit: 500

https://karatcoin.co

Quote from: knybe on August 26, 2013, 12:18:32 PM

yo what up with the the "major news update?!"

my patience grows weary as does my loyalty.

Just to be clear, no official source stated anything about a "major news update" today.

I am also wearing of the radio silence regarding the NRE, but lets not get ourselves all worked up over unsubstantiated claims made on these forums.

knybe

hero member

Activity: 658

Merit: 500

decentralize EVERYTHING...

yo what up with the the "major news update?!"

my patience grows weary as does my loyalty.

coinfresh

member

Activity: 88

Merit: 10

Quote from: ?? on ??

Quote from: Ytterbium on August 26, 2013, 04:17:19 AM

It's not 'typographical layout' it's copying, pasting, and replacing a few words. He'd definitely get in trouble for it if it was an academic assignment.

Like I said, not evidence of a scam, but sloppy and unprofessional.

What the hell?

How old are you?

This is the real world, this happens all the time, this isn't some high school class....

Wake up man, life is going to hit you hard if you have the mentality that life is like the inside of a classroom.

Quoted for truth. People are making a big deal over nothing.

Stuartuk

sr. member

Activity: 266

Merit: 250

Quote from: Ytterbium on August 26, 2013, 04:17:19 AM

sloppy. ..

It's not sloppy or unprofessional if he's copied the layout on purpose so that potential investors can do a quick side by side comparison with the big competition. I would say that is smart. It shows Ken recognised where the challenge lay (in pulling some investors away from AM) and shows he is recognizing he needs to make chip spec info accessible and quickly cross checkable for interested parties.

Ytterbium

full member

Activity: 238

Merit: 100

Quote from: Vigil on August 25, 2013, 08:35:47 PM

Quote from: yuansuyi on August 25, 2013, 08:01:28 PM

Quote from: Stuartuk on August 25, 2013, 03:18:24 PM

Quote from: Vigil on August 25, 2013, 02:21:41 PM

I think he just used friedcat's spec post as a reference. It keeps things consistent.

Yes and competitors do this all the time in the real world - it's called a 'side by side comparison' and I think it would have been done intentionally.

Hmm, Plagiarize VS Reference.

Maybe Ken should change his ID to FiredDog. Side By Side Competition.

How do you plagiarize the typographical layout of chip specifications from a freaking forum post?

It's not 'typographical layout' it's copying, pasting, and replacing a few words. He'd definitely get in trouble for it if it was an academic assignment.

Like I said, not evidence of a scam, but sloppy and unprofessional.

BlockChains

member

Activity: 111

Merit: 10

Quote from: LorenzoMoney on August 25, 2013, 01:21:04 PM

Let's talk about something related. What if, the deal with eAsic is real, and in September or October, the chips flow in, and ActM has better chips faster and before anyone else. And what is ActM ends up mining their own hardware, and selling mining hardware and does well? And what if, with those revenues, ActM does the next thing and develops the following generation of miner, or expands in to other areas of bitcoin development.

Well, that is likely to happen, and more likely than your doom scenarios given what we know about what is in the planning development and negotiation stages.

Quote from: Streets 2.0 on July 12, 2013, 07:45:29 AM

Active Mining Overview

Once production of the chips begin, eASIC states they will deliver sample chips in 9 weeks, low volume chip production in 12 weeks, and full production in 16-18 weeks. For more information on eASIC please see the links below.

Wouldn't the earliest we'd see the chips would be late November assuming 12 weeks from the end of August?There's a possibility eAsic already started production closer to the beginning of August and they just haven't announced anything but even then with "low volume production" being 12 weeks later that means the earliest we could expect to see chips would be early November if everything went according to the stated schedule.

Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 122. (Read 479475 times)