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Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 306. (Read 479317 times)

sr. member
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3. Pricing issue:
Base model + 1 module = $4000, but Base model + 2 modules = $10,000. How come?

Special price, just purchase as many as you want, no limit.


Sorry but I don't understand why buying two base models with one module each is $2000 cheaper than buying one with two modules.
It's quite a deal really. You get the base module and a hashing card for $4000. Afterwards, the hashing cards cost $5000 a piece.
sr. member
Activity: 294
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Ken said the buyers have 3 days to send the wire.

He is also working on transfers right now and will be busy for a while.
member
Activity: 81
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Quote
3. Pricing issue:
Base model + 1 module = $4000, but Base model + 2 modules = $10,000. How come?

Special price, just purchase as many as you want, no limit.


Sorry but I don't understand why buying two base models with one module each is $2000 cheaper than buying one with two modules.
hero member
Activity: 532
Merit: 500
https://karatcoin.co
VMC Total Orders As Of This Date

$588,635



So that leaves us with an outstanding $411,365 or BTC4113.65 (@$100:BTC1 - which is ambitious at the time of this writing). At current share price, .0025, we would require 1,645,460 shares to be sold to provide for the NRE.

Also, I'm curious about the orders. Can you release any further information? Are these from a couple groups or many individuals? Can pre-orders be reversed? If so how would you handle the lost NRE fund money?

All-in-all, pretty exciting news! Looking forward to the physical product hitting the market. That's where the real break out will occur.
sr. member
Activity: 476
Merit: 250
VMC website problems:
1. On main page it says "Free shipping"
But during order stage 4 I see DHL shipping = $200.

We do have Free Shipping, just order enough product and you will get free shipping.

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2. On the order page it says "Available", but in fact it is a pre-order. Misleading.
Please avoid becoming another BFL, and state thing clearly.

Fixed, Every product that is a Pre-Order has a Pre-Order prefix.

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3. Pricing issue:
Base model + 1 module = $4000, but Base model + 2 modules = $10,000. How come?

Special price, just purchase as many as you want, no limit.

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4. Supply/Demand - the current situation with ASIC market is a joke.
I cannot find an ASIC mine anywhere, except Ebay Avalon for $30,000 bucks. (Which I'm not ready to pay)
Every single company offers pre-orders (with 1 year delay; BFL) or nothing.

If the machines I am selling were in stock, the price would not be $3,999.

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My suggestion: Put a batch of production-ready mines on an auction at VMC. Not pre-orders. Actual and working mines.
And place a very small minimum ask of each mine, near production costs.
If you have real working mines traded at VMC at auction, we would *solve* the stupid Supply/demand issue in a short order.

If the auction fails (no bids), the mine temporarily goes to AMC department for in-house mining until next-week's auction. Repeat.
Auction selling will allow the company to determine mine's real, free-market price. AMC should also be allowed to bid.
Capitalism is about solving problems, including supply/demand problems.

As an investor, I don't care if money comes from mining slowly or as a one big sum selling the equipment.

If Avalon sold batch #1 mines for $1300, and a few months later I find an Avalon for $30,000 on ebay, then something is dead wrong here.

-Technologov

Come on get real
Vbs
hero member
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Bye bye to USD/BTC exchange rate, when there's $588,635 in cash already! Grin
sr. member
Activity: 302
Merit: 250
The demand for ASIC's in general is just staggering
full member
Activity: 196
Merit: 100
VMC Total Orders As Of This Date

$588,635



Ken has been vindicated!  Grin
Vbs
hero member
Activity: 504
Merit: 500
member
Activity: 119
Merit: 10
VMC Total Orders As Of This Date

$588,635


Wow, great news, can't wait for the moment when the wall disappears.
hero member
Activity: 630
Merit: 500
sr. member
Activity: 476
Merit: 250
VMC Total Orders As Of This Date

$588,635

sr. member
Activity: 393
Merit: 250
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They are ofc, but the current amount of shares being sold already has that into consideration, as if they were the only funding path. Depending on pre-orders, not all of them need to be sold to reach $1M total.

Ok. I just assumed that Ken hadn't had time to exchanged BTC value of all shares to fiat, hence loosing 10% following today's dip. I assumed so because I was under the impression it takes some time to retrieve BTC from BTCT assets (although I might be wrong... just thought I read that somewhere).

Or maybe he did, and sold 15k of btc on MtGox  Grin
Vbs
hero member
Activity: 504
Merit: 500
Quote
The pre-orders of miners are in $. Grin

O yes of course, I was referring to the shares value in fiat (I guess they too go towards the NRE or am I mistaken?)

They are ofc, but the current amount of shares being sold already has that into consideration, as if they were the only funding path. Depending on pre-orders, not all of them need to be sold to reach $1M total.
sr. member
Activity: 393
Merit: 250
Quote
The pre-orders of miners are in $. Grin

O yes of course, I was referring to the shares value in fiat (I guess they too go towards the NRE or am I mistaken?)
Vbs
hero member
Activity: 504
Merit: 500
I suppose with today's 10% BTC dip, we are now getting further away from the NRE...

The pre-orders of miners are in $. Grin
Vbs
hero member
Activity: 504
Merit: 500
Yes really but it could also be 950k or 900k which is a big chunk less than 1M. But the bigger question was is it possible to start the process now without the full 1M.

No, they require the full NRE before production begins.

+1. There is a huge difference in price between NRE costs of 90nm (~$100k), 45nm (~$400k) and 28nm (~$1M). At the current market rate and machine sales the $1M is very very near allowing ActM to jump immediately to 28nm.
sr. member
Activity: 393
Merit: 250
I suppose with today's 10% BTC dip, we are now getting further away from the NRE...
sr. member
Activity: 294
Merit: 250
Yes really but it could also be 950k or 900k which is a big chunk less than 1M. But the bigger question was is it possible to start the process now without the full 1M.

No, they require the full NRE before production begins.
Vbs
hero member
Activity: 504
Merit: 500
Why does it have to be exactly 1.000.000$? And isn't it possible to start the process right now with what is available? Does something have to be payed for with that exact 1m$?

Because with $1M Ken can just say "Here it is! $1M raised in less than a month! Let's negotiate an even better deal and ActM's transition to VIP customer now!" Grin
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