[ActiveMining] The Official Active Mining Discussion Thread - page 131.

crumbs

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Quote from: N_S on August 21, 2013, 05:29:09 PM

Quote from: crumbs on August 21, 2013, 05:19:54 PM

If i wanted to blame anyone, i would have. I'm not saying that you should distrust anyone. I'm simply pointing out that Active Miner is currently mining at less than five percent of the predicted rate. If you're happy with this, buy moar shares.

You said "ActM have blown" their projection by 95%. If you're attempting to say this isn't implicitly trying to assign blame, well, I'll leave it to other readers to form an opinion about that.

If you are not a native speaker of American English, i understand -- neither am i.
I'll help you out with the quirky colloquialism "blown." It roughly means failed, missed by a large margin. Its use in a sentence:

Active Miner expected to hash at 6,377 GH/s by the middle of August, but miscalculated by more than ninety-five percent. Boy, have they blown it!

If you feel that missing projections by 95% is *not* pure fail, what is?

Quote

I'm not exactly happy with this specific outcome, but I don't see it as evidence of incompetence within the ActM organization. It's simply misfortune.

Corporate management is judged by results, or at least ability to evaluate risks & make accurate predictions. Active Miner failed to take this "misfortune" into consideration, or chose to ignore the possibility. This is indicative of the fun to come.

Enjoy.

VolanicEruptor

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I think there were some problems with running the samples, he can't get a full hashrate yet with the chips..

N_S

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Quote from: redbeans2012 on August 21, 2013, 05:30:41 PM

You are arguing with someone who has been trolling for a long time. Better to have him on ignore.

As far as your other question, I dont know exactly who is making the boards or who is putting the chips on the boards.. ect.

One of the board can probably answer that one better than I.

Thanks for the heads up!

Let's see if we can get Vbs in here to shed some light on how long it will take to get the bulk chips hashing after after receiving them.

redbeans2012

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Quote from: N_S on August 21, 2013, 05:29:09 PM

Quote from: crumbs on August 21, 2013, 05:19:54 PM

If i wanted to blame anyone, i would have. I'm not saying that you should distrust anyone. I'm simply pointing out that Active Miner is currently mining at less than five percent of the predicted rate. If you're happy with this, buy moar shares.

You said "ActM have blown" their projection by 95%. If you're attempting to say this isn't implicitly trying to assign blame, well, I'll leave it to other readers to form an opinion about that.

I'm not exactly happy with this specific outcome, but I don't see it as evidence of incompetence within the ActM organization. It's simply misfortune.

You are arguing with someone who has been trolling for a long time. Better to have him on ignore.

As far as your other question, I dont know exactly who is making the boards or who is putting the chips on the boards.. ect.

One of the board can probably answer that one better than I.

N_S

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Quote from: crumbs on August 21, 2013, 05:19:54 PM

If i wanted to blame anyone, i would have. I'm not saying that you should distrust anyone. I'm simply pointing out that Active Miner is currently mining at less than five percent of the predicted rate. If you're happy with this, buy moar shares.

You said "ActM have blown" their projection by 95%. If you're attempting to say this isn't implicitly trying to assign blame, well, I'll leave it to other readers to form an opinion about that.

I'm not exactly happy with this specific outcome, but I don't see it as evidence of incompetence within the ActM organization. It's simply misfortune.

crumbs

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Activity: 210

Merit: 100

Quote from: N_S on August 21, 2013, 05:16:45 PM

Quote from: crumbs on August 21, 2013, 05:15:31 PM

Quote from: N_S on August 21, 2013, 05:14:26 PM

Quote from: crumbs on August 21, 2013, 05:07:31 PM

Quote

Our existing hardware assets from AMC liquidation
6 Avalon miners, currently running on BTC Guild under "Team AMC" for around 430 GH/s;
An order of Avalon chips from steamboat's batch #1, for 68 Klondike-16 boards, rated at 68*16*282 = 307 GH/s;
An order of 20,000 Avalon chips (end of May and beginging [sic] of June orders), for a combined hashrate of 20,000*282 = 5,640 GH/s.

In total, around 6,377 GH/s, expected to be fully operational in the middle of August.

Thus far, Active Mining has blown this projection by ~95%. In other words, mining @ < 5% of projected rate.
As they say in the beer ad:

Guys, it don't get no better than this.

Are you implying that ActM should've foreseen Avalon taking a page from BFL? Should all projections be met with complete distrust?

I'm simply stating facts. If you don't like losing, don't gamble.

Haha, I didn't even say you were wrong

Let's all just calm down.

I'm asking why you're placing that blame on ActM.

If i wanted to blame anyone, i would have. I'm not saying that you should distrust anyone. I'm simply pointing out that Active Miner is currently mining at less than five percent of the predicted rate. If you're happy with this, buy moar shares.

N_S

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Activity: 238

Merit: 100

Quote from: crumbs on August 21, 2013, 05:15:31 PM

Quote from: N_S on August 21, 2013, 05:14:26 PM

Quote from: crumbs on August 21, 2013, 05:07:31 PM

Quote

Our existing hardware assets from AMC liquidation
6 Avalon miners, currently running on BTC Guild under "Team AMC" for around 430 GH/s;
An order of Avalon chips from steamboat's batch #1, for 68 Klondike-16 boards, rated at 68*16*282 = 307 GH/s;
An order of 20,000 Avalon chips (end of May and beginging [sic] of June orders), for a combined hashrate of 20,000*282 = 5,640 GH/s.

In total, around 6,377 GH/s, expected to be fully operational in the middle of August.

Thus far, Active Mining has blown this projection by ~95%. In other words, mining @ < 5% of projected rate.
As they say in the beer ad:

Guys, it don't get no better than this.

Are you implying that ActM should've foreseen Avalon taking a page from BFL? Should all projections be met with complete distrust?

I'm simply stating facts. If you don't like losing, don't gamble.

Haha, I didn't even say you were wrong

Let's all just calm down.

I'm asking why you're placing that blame on ActM.

runam0k

legendary

Activity: 1092

Merit: 1001

Touchdown

Quote from: N_S on August 21, 2013, 05:14:26 PM

Are you implying that ActM should've foreseen Avalon taking a page from BFL? Should all projections be met with complete distrust?

He's suggesting you should hit his ignore button.

crumbs

full member

Activity: 210

Merit: 100

Quote from: N_S on August 21, 2013, 05:14:26 PM

Quote from: crumbs on August 21, 2013, 05:07:31 PM

Quote

Our existing hardware assets from AMC liquidation
6 Avalon miners, currently running on BTC Guild under "Team AMC" for around 430 GH/s;
An order of Avalon chips from steamboat's batch #1, for 68 Klondike-16 boards, rated at 68*16*282 = 307 GH/s;
An order of 20,000 Avalon chips (end of May and beginging [sic] of June orders), for a combined hashrate of 20,000*282 = 5,640 GH/s.

In total, around 6,377 GH/s, expected to be fully operational in the middle of August.

Thus far, Active Mining has blown this projection by ~95%. In other words, mining @ < 5% of projected rate.
As they say in the beer ad:

Guys, it don't get no better than this.

Are you implying that ActM should've foreseen Avalon taking a page from BFL? Should all projections be met with complete distrust?

I'm simply stating facts. If you don't like losing, don't gamble.

N_S

full member

Activity: 238

Merit: 100

Quote from: crumbs on August 21, 2013, 05:07:31 PM

Quote

Our existing hardware assets from AMC liquidation
6 Avalon miners, currently running on BTC Guild under "Team AMC" for around 430 GH/s;
An order of Avalon chips from steamboat's batch #1, for 68 Klondike-16 boards, rated at 68*16*282 = 307 GH/s;
An order of 20,000 Avalon chips (end of May and beginging [sic] of June orders), for a combined hashrate of 20,000*282 = 5,640 GH/s.

In total, around 6,377 GH/s, expected to be fully operational in the middle of August.

Thus far, Active Mining has blown this projection by ~95%. In other words, mining @ < 5% of projected rate.
As they say in the beer ad:

Guys, it don't get no better than this.

Are you implying that ActM should've foreseen Avalon taking a page from BFL? Should all projections be met with complete distrust?

crumbs

full member

Activity: 210

Merit: 100

Quote

Our existing hardware assets from AMC liquidation
6 Avalon miners, currently running on BTC Guild under "Team AMC" for around 430 GH/s;
An order of Avalon chips from steamboat's batch #1, for 68 Klondike-16 boards, rated at 68*16*282 = 307 GH/s;
An order of 20,000 Avalon chips (end of May and beginging [sic] of June orders), for a combined hashrate of 20,000*282 = 5,640 GH/s.

In total, around 6,377 GH/s, expected to be fully operational in the middle of August.

Thus far, Active Mining has blown this projection by ~95%. In other words, mining @ < 5% of projected rate.
As they say in the beer ad:

Guys, it don't get no better than this.

N_S

full member

Activity: 238

Merit: 100

Quote from: redbeans2012 on August 21, 2013, 04:57:42 PM

No, it doesn't look like it. It will be a bit before we get those. If Yifu is sending out 50k chips a day, it wont be too long though

Would you mind filling me in (or pointing me to the info) regarding all the Avalon dealings? What I mean is, as I understand it, we have 68 Klondike boards coming as well as a bulk chip order for 20,000 chips. The Klondikes seem relatively straight-forward as far as receiving them and getting them hashing goes. However, when those 20,000 chips show up, how quickly are we going to be able to take those from being 'loose' chips to hashing chips? Is everything designed/developed so that it's effectively a plug-and-play setup?

redbeans2012

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No, it doesn't look like it. It will be a bit before we get those. If Yifu is sending out 50k chips a day, it wont be too long though

N_S

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Quote from: ?? on ??

Quote from: N_S on August 21, 2013, 04:46:00 PM

Quote from: redbeans2012 on August 21, 2013, 04:38:42 PM

Seems like at the current rate our Avalon Chips could be shipped in a few days.

https://bitcointalksearch.org/topic/m.2979633

We're part of Batch #1 in that, correct?

correct:

Quote

An order of Avalon chips from steamboat's batch #1, for 68 Klondike-16 boards, rated at 68*16*282 = 307 GH/s

see: https://bitcointalksearch.org/topic/m.2685502

Right.

I haven't followed the Avalon shipments as closely - does this Batch #1 order contain in it the 20,000 chips that are mentioned here?

Quote

An order of 20,000 Avalon chips (end of May and beginging of June orders), for a combined hashrate of 20,000*282 = 5,640 GH/s

redbeans2012

hero member

Activity: 887

Merit: 1000

Quote from: ?? on ??

Quote from: N_S on August 21, 2013, 04:46:00 PM

Quote from: redbeans2012 on August 21, 2013, 04:38:42 PM

Seems like at the current rate our Avalon Chips could be shipped in a few days.

https://bitcointalksearch.org/topic/m.2979633

We're part of Batch #1 in that, correct?

correct:

Quote

An order of Avalon chips from steamboat's batch #1, for 68 Klondike-16 boards, rated at 68*16*282 = 307 GH/s

see: https://bitcointalksearch.org/topic/m.2685502

Which batch is the 2nd order from? Still batch 1? Also, is Ken getting the Boards from steamboat too? Confused a little there.

An order of Avalon chips from steamboat's batch #1, for 68 Klondike-16 boards, rated at 68*16*282 = 307 GH/s;
An order of 20,000 Avalon chips (end of May and beginging of June orders), for a combined hashrate of 20,000*282 = 5,640 GH/s.

EDIT: ok I see kens name on the spreadsheet. Gonna be a second before we get those.

Stuartuk

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Quote from: knybe on August 21, 2013, 04:38:09 PM

seriously... enough already. please.

Good call, I'm taking this over to the IceDrill thread.

N_S

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Quote from: redbeans2012 on August 21, 2013, 04:38:42 PM

Seems like at the current rate our Avalon Chips could be shipped in a few days.

https://bitcointalksearch.org/topic/m.2979633

We're part of Batch #1 in that, correct?

redbeans2012

hero member

Activity: 887

Merit: 1000

Seems like at the current rate our Avalon Chips could be shipped in a few days.

https://bitcointalksearch.org/topic/m.2979633

knybe

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Activity: 658

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decentralize EVERYTHING...

seriously... enough already. please.

Stuartuk

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Activity: 266

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Quote from: ?? on ??

I have more shares in ActM than Stuartuk does guaranteed,

ha ha ha unless you are the second largest shareholder (CEO being the first) you can't even be hopeful that that's true.

Why should I believe you have ANY ACtM shares?

Are you feeling a bit under pressure after my post on the IceDrill thread? Trying to appear nonpartisan now are we? Pretending you are a shareholder when infact you are a sh@t-spreader?

And number of shares bears no resemblance to how important they are to you. You could earn 300k a year and have twice as many shares as me while I could earn 25k a year and the shares would mean far more to me. So a bit of a logic fail there. But keep trying, you are doing a great job.

Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 131. (Read 479317 times)