AM Launches The Worlds Fastest Bitcoin Mining Machine At 24.576 TH/s
SPRINGFIELD, MO, - July 16, 2013 - Active Mining (AM) and Virtual Mining Corporation (VMC) are announcing today the launch of the "World's Fastest Bitcoin Mining Machine". The Fast-Hash-One configured with 6 expansion cases and 96-256 GH/s bitcoin hashing cards makes it the Worlds fastest bitcoin mining machines hands-down. The machines use the "World's Fastest Bitcoin Mining Chip" the Fast-Hash-One 28nm 16 GH/s chip. The Fast-Hash-One machines starts at 256 GH/s with a retail price of $3,999 or $15.62 per GH/s also making it the price leader in the market place. The Fast-Hash-One series of bitcoin mining machines are "The Gold Standard Of Bitcoin Mining Machines"™
The Fast-Hash-One is available at:
http://www.virtualminingcorp.com
Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 312. (Read 479317 times)
Weird pics. At least we can now confirm VMC has a license, a few power supplies and fire exits. 
Ahh so thats where the $69/BTC went! 
Has anyone heard from babefoot since he returned?
Other than this nothing as yet, but looking forward to the full report
Trip to Springfield - Quick Summary
I am going to give a very quick summary of my meeting with Ken. I am going to be busy tomorrow, so I will try to get a thorough report out in a few days. I also need to clarify a few things with Ken and let him review anything he might not want revealed at this time or at all.
Overall Impression - Good/Positive
Ken and I talked for a few hours. I told Ken a little bit about myself, but we mostly talked about his endeavors. He's got quite a bit of experience in all types of businesses and some good business philosophies to back it up. I have the impression that Ken is a driven, honest, and frugal person. I definitely did not sense any red flags at any time during our conversation. Ken drove me over to Springfield Underground and VMC headquarters. Here are the pictures I took. More details to come in a few days.
http://www.flickr.com/photos/98907028@N08/
I am going to give a very quick summary of my meeting with Ken. I am going to be busy tomorrow, so I will try to get a thorough report out in a few days. I also need to clarify a few things with Ken and let him review anything he might not want revealed at this time or at all.
Overall Impression - Good/Positive
Ken and I talked for a few hours. I told Ken a little bit about myself, but we mostly talked about his endeavors. He's got quite a bit of experience in all types of businesses and some good business philosophies to back it up. I have the impression that Ken is a driven, honest, and frugal person. I definitely did not sense any red flags at any time during our conversation. Ken drove me over to Springfield Underground and VMC headquarters. Here are the pictures I took. More details to come in a few days.
http://www.flickr.com/photos/98907028@N08/
Yeah that is last I saw, Ken got him a hooker to juice up the report!
Has anyone heard from babefoot since he returned?
Other than this nothing as yet, but looking forward to the full report
Trip to Springfield - Quick Summary
I am going to give a very quick summary of my meeting with Ken. I am going to be busy tomorrow, so I will try to get a thorough report out in a few days. I also need to clarify a few things with Ken and let him review anything he might not want revealed at this time or at all.
Overall Impression - Good/Positive
Ken and I talked for a few hours. I told Ken a little bit about myself, but we mostly talked about his endeavors. He's got quite a bit of experience in all types of businesses and some good business philosophies to back it up. I have the impression that Ken is a driven, honest, and frugal person. I definitely did not sense any red flags at any time during our conversation. Ken drove me over to Springfield Underground and VMC headquarters. Here are the pictures I took. More details to come in a few days.
http://www.flickr.com/photos/98907028@N08/
I am going to give a very quick summary of my meeting with Ken. I am going to be busy tomorrow, so I will try to get a thorough report out in a few days. I also need to clarify a few things with Ken and let him review anything he might not want revealed at this time or at all.
Overall Impression - Good/Positive
Ken and I talked for a few hours. I told Ken a little bit about myself, but we mostly talked about his endeavors. He's got quite a bit of experience in all types of businesses and some good business philosophies to back it up. I have the impression that Ken is a driven, honest, and frugal person. I definitely did not sense any red flags at any time during our conversation. Ken drove me over to Springfield Underground and VMC headquarters. Here are the pictures I took. More details to come in a few days.
http://www.flickr.com/photos/98907028@N08/
Has anyone heard from babefoot since he returned?
Quote
Date:
Time:
Exchange: (Bitfunder or BTC-TC)
Exchange User Name:
Number Of Shares:
BTC-TC Users Bitfunder User Name:
Time:
Exchange: (Bitfunder or BTC-TC)
Exchange User Name:
Number Of Shares:
BTC-TC Users Bitfunder User Name:
What is the difference between Exchange User Name and in my case Bitfunder User Name?
One is my nick and the other my real name?
thats for people that want to transfer their BTC-TC AMC-PT shares to Bitfunder, only
Ok, thanks for the info
Quote
Date:
Time:
Exchange: (Bitfunder or BTC-TC)
Exchange User Name:
Number Of Shares:
BTC-TC Users Bitfunder User Name:
Time:
Exchange: (Bitfunder or BTC-TC)
Exchange User Name:
Number Of Shares:
BTC-TC Users Bitfunder User Name:
What is the difference between Exchange User Name and in my case Bitfunder User Name?
One is my nick and the other my real name?
thats for people that want to transfer their BTC-TC AMC-PT shares to Bitfunder, only
Quote
Date:
Time:
Exchange: (Bitfunder or BTC-TC)
Exchange User Name:
Number Of Shares:
BTC-TC Users Bitfunder User Name:
Time:
Exchange: (Bitfunder or BTC-TC)
Exchange User Name:
Number Of Shares:
BTC-TC Users Bitfunder User Name:
What is the difference between Exchange User Name and in my case Bitfunder User Name?
One is my nick and the other my real name?
Well, this may take so many weeks if dividends keep stable.
0.0025/0.0000183=136
100% return from dividends in the real world would take a lot lot longer than 136wks. This dividend offer is a guarantee that you will get your money back and it's intended to attract investors. When the company starts serious mining the dividend amount won't remain stable, it will shoot up (even with more shares being sold) so there is no way you would need to wait 136 weeks. At the same time your shares will increase in value above and beyond your initial investment.
This!
Considering the fact ActM will have ~6.377 TH/s somewhere in August, even at a total network hashrate of about 500 TH/s, that's around BTC1640/month, or 0.000164/share (with 10M sold, more if not), less expenses. That's almost 9x the last dividend.
And all this is WITHOUT sales revenue, so it will be even quicker
When you paint the entire picture for yourself, you then can see where all of this is going. The news alone of Ken receiving the chips is going to bounce the share price, then the news of him receiving the boards and begininng the clones will bounce the price further... sales of miners, bringing online of more hashing power in the future... you get the idea.
The market loves to go wild on just news and bringing online even small amounts of hashing power, ie. see basic-mining
Well, this may take so many weeks if dividends keep stable.
0.0025/0.0000183=136
100% return from dividends in the real world would take a lot lot longer than 136wks. This dividend offer is a guarantee that you will get your money back and it's intended to attract investors. When the company starts serious mining the dividend amount won't remain stable, it will shoot up (even with more shares being sold) so there is no way you would need to wait 136 weeks. At the same time your shares will increase in value above and beyond your initial investment.
This!
Considering the fact ActM will have ~6.377 TH/s somewhere in August, even at a total network hashrate of about 500 TH/s, that's around BTC1640/month, or 0.000164/share (with 10M sold, more if not), less expenses. That's almost 9x the last dividend.
And all this is WITHOUT sales revenue, so it will be even quicker
Well, this may take so many weeks if dividends keep stable.
0.0025/0.0000183=136
100% return from dividends in the real world would take a lot lot longer than 136wks. This dividend offer is a guarantee that you will get your money back and it's intended to attract investors. When the company starts serious mining the dividend amount won't remain stable, it will shoot up (even with more shares being sold) so there is no way you would need to wait 136 weeks. At the same time your shares will increase in value above and beyond your initial investment.
This!
Considering the fact ActM will have ~6.377 TH/s somewhere in August, even at a total network hashrate of about 500 TH/s, that's around BTC1640/month, or 0.000164/share (with 10M sold, more if not), less expenses. That's almost 9x the last dividend.
Well, this may take so many weeks if dividends keep stable.
0.0025/0.0000183=136
100% return from dividends in the real world would take a lot lot longer than 136wks. This dividend offer is a guarantee that you will get your money back and it's intended to attract investors. When the company starts serious mining the dividend amount won't remain stable, it will shoot up (even with more shares being sold) so there is no way you would need to wait 136 weeks. At the same time your shares will increase in value above and beyond your initial investment.
The first BTC0.0025/share dividends will only be paid to the first 10,000,000 ActiveMining shares, providing public investors a priority in getting back 100% return of their investment.
What dose this mean? I'll be paid back after I buy shares from Bitfunder? You will receive dividends on a weekly basis until your total received is .0025 BTC. Ken won't pay himself before that.
I don't think this is 100% correct. When someone buys a share, they get the remainder of the .0025 that hasn't been paid when the stock was originally issued. As of now, there has been 1 dividend payment of 0.0000183, meaning an individual who buys a share now is entitled to 0.0024817 BTC before Ken pays himself.
Yes, that is correct, but it's only a tiny issue, as the value/share when that happens will be much much higher than the price today. Asicminer was already trading at BTC0.8 when they payed the remainder of their 0.1/share. The fact a company can do it values it much higher than the event in itself.
The first BTC0.0025/share dividends will only be paid to the first 10,000,000 ActiveMining shares, providing public investors a priority in getting back 100% return of their investment.
What dose this mean? I'll be paid back after I buy shares from Bitfunder? You will receive dividends on a weekly basis until your total received is .0025 BTC. Ken won't pay himself before that.
Got it.
cchan i'd suggest not investing in this until you learn a few of the basics first..
The first BTC0.0025/share dividends will only be paid to the first 10,000,000 ActiveMining shares, providing public investors a priority in getting back 100% return of their investment.
What dose this mean? I'll be paid back after I buy shares from Bitfunder? You will receive dividends on a weekly basis until your total received is .0025 BTC. Ken won't pay himself before that.
What is total received, total shares or just 1 share?
He means 0.0025 per share
Well, this may take so many weeks if dividends keep stable.
0.0025/0.0000183=136
The first BTC0.0025/share dividends will only be paid to the first 10,000,000 ActiveMining shares, providing public investors a priority in getting back 100% return of their investment.
What dose this mean? I'll be paid back after I buy shares from Bitfunder? You will receive dividends on a weekly basis until your total received is .0025 BTC. Ken won't pay himself before that.
What is total received, total shares or just 1 share?
He means 0.0025 per share
The first BTC0.0025/share dividends will only be paid to the first 10,000,000 ActiveMining shares, providing public investors a priority in getting back 100% return of their investment.
What dose this mean? I'll be paid back after I buy shares from Bitfunder? You will receive dividends on a weekly basis until your total received is .0025 BTC. Ken won't pay himself before that.
What is total received, total shares or just 1 share?
The first BTC0.0025/share dividends will only be paid to the first 10,000,000 ActiveMining shares, providing public investors a priority in getting back 100% return of their investment.
What dose this mean? I'll be paid back after I buy shares from Bitfunder? You will receive dividends on a weekly basis until your total received is .0025 BTC. Ken won't pay himself before that.
I don't think this is 100% correct. When someone buys a share, they get the remainder of the .0025 that hasn't been paid when the stock was originally issued. As of now, there has been 1 dividend payment of 0.0000183, meaning an individual who buys a share now is entitled to 0.0024817 BTC before Ken pays himself.
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