[ActiveMining] The Official Active Mining Discussion Thread - page 332.

kleeck

hero member

Activity: 532

Merit: 500

https://karatcoin.co

Quote from: somestranger on July 10, 2013, 05:32:03 AM

I got mine just 15 minutes after sending the shares and emailing. I was surprised it was so quick.

Was this on Bitfunder or BTCT? Has it been answered what will happen if my shares are out for tendering when dividends are given? Technically I don't have any shares until they are tendered...

somestranger

hero member

Activity: 487

Merit: 500

Are You Shpongled?

I got mine just 15 minutes after sending the shares and emailing. I was surprised it was so quick.

sayaz

member

Activity: 119

Merit: 10

Quote from: ArcticWolf on July 10, 2013, 04:14:04 AM

Quote from: chsados on July 10, 2013, 04:09:17 AM

Can anyone confirm recieving their new shares after sending to AMC-TENDER on bitfunder? I pretty much did it hours after you could start and nothing so far.

Did you also send the email as described in post #3 of this thread?

Yes I can confirm I received my shares

EDIT: On bitfunder

ArcticWolf

full member

Activity: 196

Merit: 100

Quote from: chsados on July 10, 2013, 04:09:17 AM

Can anyone confirm recieving their new shares after sending to AMC-TENDER on bitfunder? I pretty much did it hours after you could start and nothing so far.

Did you also send the email as described in post #3 of this thread?

chsados

hero member

Activity: 662

Merit: 545

Can anyone confirm recieving their new shares after sending to AMC-TENDER on bitfunder? I pretty much did it hours after you could start and nothing so far.

sayaz

member

Activity: 119

Merit: 10

I got my AM shares sit tight they're coming

sprint347

full member

Activity: 193

Merit: 100

Quote from: sprint347 on July 08, 2013, 11:35:23 PM

Shares sent to AMC-TENDER

Still waiting Ken - PM sent

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Quote from: lewicki on July 09, 2013, 07:28:11 PM

Quote from: metalh47k on July 09, 2013, 07:07:11 PM

at that point according to past posts BTC-TC should auto swap over the shares for BTC-TC Share holders

Burnside was talking with Ken about that. That is a possibility. The other, is that, you will have to send the shares to ken to get them manually transferred over once AM-PT is approved.

I think per our conversation in PM's that Ken is on board with an automated transition. Assuming ActiveMining is approved, the actual share transfer will be painless.

Cheers.

canuckgal

member

Activity: 104

Merit: 10

Eeep I just transferred my AMC Holdings, I don't think I'll be able to breathe until I have my new Active Mining stocks. Ugh I hope its all ok

ArcticWolf

full member

Activity: 196

Merit: 100

Im pretty sure the IP is the actual code that the chips will be running, which Ken spent time optimizing.
Im not 100% certain on this however

superduh

hero member

Activity: 602

Merit: 500

i'm still trying to figure out what the IP would be. you can't patent SHA and ASICs doing SHA have been around before you likely filed your patent (AM and Avalon even bitfury now). you can patent a process but, combining ASICS with SHA does not inherently give you any actual IP especially if it's been in the wild beforehand

i'm not trying to be rude. just thinking practically.

Vbs

hero member

Activity: 504

Merit: 500

Quote from: lewicki on July 09, 2013, 08:56:18 PM

Quote from: kslaughter on July 09, 2013, 08:53:23 PM

Good Luck putting in an order. You don't know what I had to go through to get them to this place. They have so much business, they grew 980% last year.

http://www.deloitte.com/assets/Dcom-UnitedStates/Local%20Assets/Documents/TMT_us_tmt/us_tmt_fast500_rankings_020713.pdf

Rank #118, very nice. Yes, let's get that NRE and start brewing those chips! Grin

lewicki

sr. member

Activity: 294

Merit: 250

Quote from: kslaughter on July 09, 2013, 08:53:23 PM

Good Luck putting in an order. You don't know what I had to go through to get them to this place. They have so much business, they grew 980% last year.

http://www.deloitte.com/assets/Dcom-UnitedStates/Local%20Assets/Documents/TMT_us_tmt/us_tmt_fast500_rankings_020713.pdf

kslaughter

sr. member

Activity: 476

Merit: 250

Quote from: superduh on July 09, 2013, 08:30:19 PM

Quote from: Vbs on July 09, 2013, 08:19:13 PM

Quote from: superduh on July 09, 2013, 08:13:40 PM

is it in the contract with eAsic that they can't sell their chips to anyone else? NDA's don't mean anything regarding exclusivity. if not than many people can just put in orders with eAsic directly.

They can build other mining chips for other entities that give them different blueprints, but the design and production of each chip is exclusive to each entity, so only ActiveMining is allowed to buy from them the current chip.

they can build a generic chip out themselves, they have the expertise.

They can't use any of our IP.

Good Luck putting in an order. You don't know what I had to go through to get them to this place. They have so much business, they grew 980% last year.

superduh

hero member

Activity: 602

Merit: 500

Quote from: Vbs on July 09, 2013, 08:19:13 PM

Quote from: superduh on July 09, 2013, 08:13:40 PM

is it in the contract with eAsic that they can't sell their chips to anyone else? NDA's don't mean anything regarding exclusivity. if not than many people can just put in orders with eAsic directly.

They can build other mining chips for other entities that give them different blueprints, but the design and production of each chip is exclusive to each entity, so only ActiveMining is allowed to buy from them the current chip.

they can build a generic chip out themselves, they have the expertise.

Vbs

hero member

Activity: 504

Merit: 500

Quote from: superduh on July 09, 2013, 08:13:40 PM

is it in the contract with eAsic that they can't sell their chips to anyone else? NDA's don't mean anything regarding exclusivity. if not than many people can just put in orders with eAsic directly.

They can build other mining chips for other entities that give them different blueprints, but the design and production of each chip is exclusive to each entity, so only ActiveMining is allowed to buy from them the current chip.

superduh

hero member

Activity: 602

Merit: 500

is it in the contract with eAsic that they can't sell their chips to anyone else? NDA's don't mean anything regarding exclusivity. if not than many people can just put in orders with eAsic directly.

kslaughter

sr. member

Activity: 476

Merit: 250

Quote from: RoadStress on July 09, 2013, 07:49:43 PM

Quote from: lewicki on July 09, 2013, 07:38:19 PM

Quote from: RoadStress on July 09, 2013, 07:31:59 PM

https://bitcointalksearch.org/topic/kslaughter-and-zumzero-from-actm-and-vmc-are-deleting-legitimate-posts-253282

The prototype is being made and they need money to build the miners. How was this not made clear?

Well show me how was that made clear please!

eMail from our engineers today:

Hi Gerald,

   We expect to have the prototype boards completed by July 23^rd . We would be
   ready for your visit / prototype verification, the week of the 29^th .
   Please let me know when you plan to be here. Will you send us cable sets,
   boxes, power supplies etc? We can verify there are no issues that will slow
   us down once you get here.

   Best regards,

Now it is clear.

RoadStress

legendary

Activity: 1904

Merit: 1007