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Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 332. (Read 479499 times)

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.
member
Activity: 119
Merit: 10
I got my AM shares sit tight they're coming
full member
Activity: 193
Merit: 100
Shares sent to AMC-TENDER

Still waiting Ken - PM sent
legendary
Activity: 1106
Merit: 1006
Lead Blockchain Developer
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.
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
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
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
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
sr. member
Activity: 294
Merit: 250
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
sr. member
Activity: 476
Merit: 250
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.
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.

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
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.
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.
sr. member
Activity: 476
Merit: 250

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.
legendary
Activity: 1904
Merit: 1007
sr. member
Activity: 294
Merit: 250
sr. member
Activity: 294
Merit: 250
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.
sr. member
Activity: 294
Merit: 250
I was just thinking. BTC-TC received huge divs last week. AM-PT probably won't be ready for this weeks divs. AM on BitFunder will be however Smiley. Everything fair and square?
newbie
Activity: 28
Merit: 0
I've read through the post and I am just clarifying for BTC-TC AMC-PT Shares -> BTC-TC AM Shares.

Those that want to keep shares on BTC-TC will need to wait for a couple of days whist BTC-TC creates the new AM-PT and at that point according to past posts BTC-TC should auto swap over the shares for BTC-TC Share holders.

If this changes please let me know Smiley I know the 31st is a little while away but I both keen and anxious to make sure this changes over smoothly.

Kslaughter has thus far been very committed to answering questions and providing updates for the community. Very excited to see where AM goes in the next couple of months.
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