Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 55. (Read 479475 times)

I'm also down - I hit even at 0.003656208 as excel reliably informs me. I'm confident on ActM though.

Stolen designs....  

Just beaware that ActiveMining may drop a lot in September. I can't buy anymore because I have invested as much as I am allowing myself for risky investments (I have some Labcoin too)

I could sell and buy Active lower but in my opinion its not worth the risk. It might not get super low so I am just waiting it out. But one thing is certain, before our ASIC is hashing their will be FUD left, right and center in this thread so don't be too disheartened if for a while the investment is down. (I am down at the moment which is very crap)

Also there's the chance labcoin and active are scams or vaporware, in which case its an expensive lesson for me.

With you on the crazy prices. I've been lapping up ActM at these low prices, though I think I've reached my limit now. You never know exactly what will happen....

The Bitcoin price itself I have no idea about. There are too many factors at play. I think that if other countries follow Germany's lead, we are going to see significantly higher levels of investment in the Bitcoin economy which will, of course, lead to higher prices. It's going to be interesting whatever happens.

I have a feeling these companies are going to have some crazy prices once they hash, and btc price is going to go nuts in a few months. The aftermath will destroy a few of these companies though, not sure which its all a gamble at the moment. I think one thing will be certain, bitcoins price itself after the mayhem ahead will be rather high.

To be honest I can't wait. :p

In a good way I hope? 

The next 6 months in Bitcoin, the companies, the btc price itself, its all going to be insane. I can feel it.

JimmyJazz, good ideas. +1


But if this really is a 1718% markup business ($1.50 per Gh), this party can not last for long.
How soon can we expect cheap chinese copies (stolen designs) to hit the market?
Next 6 month's are going to be interesting.

Even though it doesn't matter at all right now or for the next 10 years. The idea is that the transaction fees will eventually be large enough that its still profitable to mine after no more new Bitcoins are being generated.

If the transaction fees are not enough by that time then Bitcoin will be attacked and destroyed. So it is possible that companies like ActiveMining could essentially exist forever paying out dividends, only if they always stayed ahead with the most efficient mining chips. (Like I said, if its not profitable for any company to exist mining bitcoins in 100 years because the transaction fee model does not work, bitcoin will be eliminated)

(Of course none of this matters at all for a long time)


At this point you cannot be ethical, too many competitors are out to destroy us so ActiveMining must attempt for the greatest hashrate possible whilst also developing new chips.

Both of these are great ideas. The first one should have been done a long time ago.

The webstore really needs to accept BTC as payment. Not only for the obvious reason that this is a bitcoin business and that it would benefit the BTC economy, but also those looking to purchase will have the required BTC available to make large purchases. There is also the added benefit of not needing to convert the BTC when paying out dividends.

ActM should use the Avalon refund to purchase there own product at cost price.

On other notes, Do people think that 28nm chips will be the best option for the foreseeable future or are there other technologies in development? If so do we know if ActM will be looking to continue to be at the forefront of these technologies? In other words are ActM looking to make profit in the next 1-2 years or are they wanting to continually grow, as mining will still be underway until 21 million BTC are created.

On the mining side of this question, what percentage of the mining hashrate are ActM looking to hold in the future? Will they try to be ethical and stick to a certian rate or push to be the most dominant?

I told him if he wants to buy ActM, he should wait for the price to finish crashing which will be after LC starts mining in a couple of days. What's wrong with that advice?

Please take your shilling to the Labcoin thread. Thanks.

No, not at the moment anyway. Labcoin is a far better investment due to it starting hashing in the next couple of days. A lot of people will be selling shares of various other stocks to buy in before the price increases significantly. That will include ActM shareholders, causing ActM's share price to drop even lower. ActM can't do anything about this as they've already told us they'll have nothing till November.

In the tong term, ActM is still good but if you do want to buy any more stock, you'll be better off waiting a few days for the inevitable price drop.

You can take my advice on this matter or you can take the advice of an absolute fanboy like Stuart. I claimed ActM would start mining on 28nm in November (despite VBS' and Kleeck's denial) and I also claimed the increase in share price from eASIC confirmation would just be a bubble when it came. On the other hand, Stuart is a bagbolder, frothing at the mouth because he knows he was wrong. This idiot probably snapped up the shares I sold for 0.0065, while I was telling him the increase was just a bubble.

ActM's share price will drop when Labcoin starts mining. If for some strange, delusional reason, you want to buy more ActM shares, wait for that price drop. If you have any sense though, you'll buy LC instead.

You got me there. This thread is a tough crowd!

tl;dr

Will this look more realistic?

Lets remove the BTC from this for now. It's to volatile and the unit price in BTC is calculated form fiat anyways.
$1.50 per GH/s sounds nice indeed. How many chips must be produce to make this number reality?  
Not sure but was it about 800 000 USD Actm needed to complete the development of eACIC chip and board and what not?

Total Gh form those sales (my fictional table) is 542848, if Gh cost 1.50, total cost of those units is 814 272
So the will get away with selling only about 1800 units 200+200 most expensive, 300+300 and 400+400 the entry level stuff.

carpetbagger, 100% profit (revenue - total cost) means buy for 3 and sell for 6 or 50% cross margin.

Gross Margin = Gross Profit/Revenue
Gross Margin = (Revenue − Cost of Goods Sold)/Revenue

Stuartuk, zumzero aetc, if I have made a mistake in my calculations, please correct me. Just yelling and foaming like a angry retarded midget, will not help me nor you to understand, how this stuff is priced and is Actm currently overpriced or not. I have never stated, that this is some kind of truth. Those are just numbers compiled from this little information I have.

BTW, I do not understand, why you 2 hate Actm so much that you have to embarrass the Co and yourself at every fkn opportunity you get.
Even Icebraker and likes are not that demented.

If I recall, Avalon order was fucked up so you can stop jerking off to mining revenue. 460 something Gh is nothing now days and soon will be more irrelevant.

PS! I do not understand why you 2 idiots are getting so worked up about. Can you take my fictional table and replace the numbers with fiction you like better? Can you do that? If not, stfu! Simple as that.

What a total retarded pile of shit you are! Is this phrase 'book value' something you read about the other day and now you have decided to come on here and make yourself look clever? lol Your last two pages have been utterly laughable. You seriously have no clue, you must be at most like 17.

About 10.5 units



This is ActM so everything is 100% profit 

(yes it's an old pic before anyone gets emotional)