Pages:
Author

Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 77. (Read 479317 times)

legendary
Activity: 1554
Merit: 1000
Is anybody else thinking, that a certain individual is off the scale, as far as narcissism goes?

Just a  Wink would do.
full member
Activity: 210
Merit: 100
All that matters is $/Gh and delivery date. 130nm chips may pay for themselves within a month if they're all up and running by the end of October. 28nm chips may never pay for themselves if they're delivered in February.
GH/W is just as important. If it takes 4x as much power to get the same hashrate then there are going to be issues scaling to compete with companies producing lower power chips. This is likely the reason that ASICMINER is having so much difficulty expanding beyond ~50TH/s -- the amount of power infrastructure required to expand becomes enormous, and LABCOIN will likely face the same issue after its first 50TH/s is deployed.

I live in China - there was a bitcoin documentary on one of the state run 'CCTV' channels a while back and they interviewed people 'familiar with' the operations at ASICminer. Their private fundraising presentation talked about not expanding past 30% hash share so that they didn't undermine bitcoin itself. Imagine if they had 60% of the hash rate, people would be running around claiming the end was nigh because the chinese now 'controlled' bitcoin. What do you think that would do to the market confidence in bitcoin and hence the USD rate?
...

Don't bother with logic in this thread.  As i understand it, the Advisory Board is planning to pwn a lamb without blemish for a burnt offering unto the LORD Ken.  We'll see how that goes, some members insisted a goat was moar appropriate.

I'll leave a difficulty chart for the nonbelievers & tinfoilset.  REPENT!

sr. member
Activity: 266
Merit: 250


1) updated roadmap
2) high level project plan (task list, back log or what ever you like to call it) with milestones, dates and cost estimates
3) detailed, short term project plan with milestones, dates and cost estimates
4) regular updates to 1-3
5) financial statements like CF, PL
6) update balance sheet

How many times do you need to repeat these same old demands? You've been told countless times by PR and Ken that this is all under a commercial confidentiality agreement. Do you not get that? Really??

If you don't agree with me confronting the Trolls that's fine. But the fact is they are filling the news void with FUD and share price has tanked partly due to that coordinated assault . If they are left to it they will grind this share further into the ground. I tried ignoring them before and what happened - we got Mabsarks week long attack on ACtM and he drove investors over to LabCon. So ignoring them clearly doesn't work does it?

The other thing that will grind this share further into the ground is the sort of unfulfillable demands you CONSISTENTLY come out with - despite you being made fully aware that this info CANNOT be released. Every time you make these demands which you know cant be answered you make the company look like laughing stock. Keeping you quiet is actually one of my strategies, as you are a fool.

hero member
Activity: 546
Merit: 500
bitfunder is annoying
sr. member
Activity: 364
Merit: 250
1) updated roadmap
2) high level project plan (task list, back log or what ever you like to call it) with milestones, dates and cost estimates
3) detailed, short term project plan with milestones, dates and cost estimates
4) regular updates to 1-3
5) financial statements like CF, PL
6) update balance sheet

1) Spoken to Ken about this. Some dates have been updated on the website but there is more to be done.

2 and 3) You're not going to get these as you're not a private investor. If it were my company, I'd certainly consider that proprietary information and would not disclose it. We know for sure that Ken isn't going to release these details.

Additionally, I can tell you 100% that much of this IS COVERED by the NDA and that's not unusual. Virtually all of my NDAs/Contracts consider milestones, dates and cost estimates strictly confidential.

That said, we're on at Ken to get some things excused from the NDA with regard to dates (at least as estimates) as they're important.

4) With regard to (1), yes. There is a balancing act to play with regard to timing of information release and it's one that's going on with competitors. VMC/ActM are poor in this regard.

5/6) I know this is Bitcoin but some of this you're not going to get all of that, or frequently, and nor should you as you're not a private investor. However, there are supposed to be some monthly accounts and ActM are definitely behind on this (in time and quality). They've ended up low priority compared to everything else so we're doing what we can to get that up the priority list. No excuses from us, we also think it needs to be sorted.

In summary, if you were a private investor then you're asking fair questions. However, you are not and much of your list just isn't suitable. Where they are, I've covered them where I can and I'm certainly not going to defend the situ on monthly statements or the roadmap (although this genuinely has been affected by the NDA).

sr. member
Activity: 448
Merit: 250
All that matters is $/Gh and delivery date. 130nm chips may pay for themselves within a month if they're all up and running by the end of October. 28nm chips may never pay for themselves if they're delivered in February.
GH/W is just as important. If it takes 4x as much power to get the same hashrate then there are going to be issues scaling to compete with companies producing lower power chips. This is likely the reason that ASICMINER is having so much difficulty expanding beyond ~50TH/s -- the amount of power infrastructure required to expand becomes enormous, and LABCOIN will likely face the same issue after its first 50TH/s is deployed.

I live in China - there was a bitcoin documentary on one of the state run 'CCTV' channels a while back and they interviewed people 'familiar with' the operations at ASICminer. Their private fundraising presentation talked about not expanding past 30% hash share so that they didn't undermine bitcoin itself. Imagine if they had 60% of the hash rate, people would be running around claiming the end was nigh because the chinese now 'controlled' bitcoin. What do you think that would do to the market confidence in bitcoin and hence the USD rate?

I'm not usually one for wild predictions but i imagine that as the network hash rate grows, ASICminer has the chips ready to deploy to maintain their market share - if something is profitable you can always find way to support the 'power infrastructure' - there a tons of server farms in china! And anyone who thinks ASICminer only has 130nm chips ready to deploy is just kidding themselves.

The fact that they have chosen to hover around 30% hash share just shows that they want bitcoin to be a strong network with more than a monopoly controlling it - something that would only hasten the demise of the golden goose! A smart, long term move if you ask me.

full member
Activity: 210
Merit: 100
Heady times!  ActM & Labcoin neck-and-neck @.0035 on burnside's gameserver!
 Cheesy
sr. member
Activity: 448
Merit: 250
Frankly it's astonishing to see such a high number of trolls and fudsters.
If, as they suggest, this ship is going down then why are they present in such numbers?
They aren't populating other threads in this way which leads us to one conclusion.

ActM and it's prospects are to be taken seriously.



Not astonishing considering they are the best fed trolls and fudsters, ever. Have to question the definition of WHO is a troll, reading this thread.

 


Yes - exactly! The guys feeding the trolls are only adding to the playground-esque, turd throwing, fud-fest that this thread has unfortunately degenerated into. Can we just use the ignore button and talk rationally and sensibly about what is going on.
newbie
Activity: 14
Merit: 0
Ken, please disregard all requests for shareholder information above and just f'ing get it done. Share price doesn't matter now, the only thing that matters is getting the boards out as soon as possible.

Wasting time placating people will get you no closer to the goal.

Those of us that think using easic tech is a brilliant move and realise that your time is better spent getting shit done than talking about getting shit done will buy up all the low shares Smiley
legendary
Activity: 1120
Merit: 1000
Good news everyone!

It will take at least another 50 pages, before you guys realize, it's time to close this idiotic thread and replace it with official announcement ONLY thread.


This was from page 193 and we are at 273. Disappointed indeed. You morons have produced 80 pages of useless drivel and demonstrated your illiteracy in finance, investing and management in every imaginable way. Looks like we have two types of cheerleaders -  confused fan-boys aka "cheerleaders A" and confused trolls aka "cheerleaders B".  

I must say, this is like a retarded cheerleaders convention. Maybe you guys ( iCEBREAKER, Stuartduck, Mabsark and the rest of you) should give each other few medals and fuck off for good. How about trolling ASICmining? They have 600+ pages of mostly useless blabberings - it almost begs for your worthless input.

Now, lets get back to the topic.
Ken, have you started to negotiate the NDA, used so well to keep us all in the dark?
BTW, 15th is coming up. You promised to publish financial statements on 15th of every month. I still do not see the July statement. Can this 1 million dollar Co make it happen this month?

I bet I am not the only one, who likes to see the following
(as requested previously)

1) updated roadmap
2) high level project plan (task list, back log or what ever you like to call it) with milestones, dates and cost estimates
3) detailed, short term project plan with milestones, dates and cost estimates
4) regular updates to 1-3
5) financial statements like CF, PL
6) update balance sheet

And pleas, do not tell us you can not do it because of that NDA. This is bull shit and you know it.
Compile requested documents and get a fkn approval form eASIC. Daaaa....


I have to repeat this. These are legit concerns and requests.
sr. member
Activity: 364
Merit: 250
OT: Don't upgrade Google Authenticator on iOS or you'll lose your data!

Suggested fix: https://bitcointalksearch.org/topic/m.3077955
Vbs
hero member
Activity: 504
Merit: 500
Bitfury chips require cooling to operate at acceptable levels, you can check their thread for info on that, for example, https://bitcointalksearch.org/topic/m.2974755 and https://bitcointalk.org/index.php?topic=228677.660 or https://bitcointalksearch.org/topic/m.3067513

Labcoin chips have very different heat dissipation requirements than Avalon chips.

Avalon chips at 300MH/s would dissipate 1.98W in a 7x7mm area, i.e., 1.98/(7*7) = 0.0404 W/mm^2, while Labcoin chips need 12.8/(6.5*6.5) = 0.3030 W/mm^2.

This means that a Labcoin chip needs a cooling solution that is 7.5x more efficient in removing heat than one for an Avalon chip.

VBS coming out with the hard facts as always, love it. Can you estimate the W/mm^2 for the eAsic chips, or do we lack enough specs to calculate it?

Obviously not.  NDA, remember?  Although likely their dies will be huge because of their FPGA->ASIC process, so the W/mm2 should be pretty low.  

The problem, of course, is that the $/chip will be pretty high.

Using as reference the Nextreme-2 N2X740 (largest number of eCells), on a FC672 (27×27mm) package and Ken's GH/s/W quoted on the pcie cards on the website, let's say 12.5W per chip. 12.5/(27*27) = 0.0171W/mm2, 42% less than one Avalon chip.

$/chip is a fallacy, as it's $/GH/s that matters, not $/chip.

The issue is that while a 28nm wafer cost is higher than for older tech,


the actual price per transistor (x'tor) is lower, since each wafer can now hold much more (smaller!) transistors:


Even in eAsic's website you can see that the price on their Nextreme product line keeps decreasing with volume, at 300-900k units the price per unit is already ~25% lower than initial.
hero member
Activity: 602
Merit: 500
myBitcoin.Garden
Bob. No one is expected to be as skilled in finance as you because we are all Bitcoin early adopters.  I know nothing of stock markets but am trying to learn and Im sure Im not the only one.

If anyone wants to call me a sock (whatever that means) or a cheerleader that's fine.   All I'm trying to do is share my excitement and positivity about this company on a thread which sees a coordinated attempt to undermine it on a daily basis.
legendary
Activity: 1554
Merit: 1000
Simply.......



KEN?
legendary
Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
Good news everyone!

It will take at least another 50 pages, before you guys realize, it's time to close this idiotic thread and replace it with official announcement ONLY thread.


This was from page 193 and we are at 273. Disappointed indeed. You morons have produced 80 pages of useless drivel and demonstrated your illiteracy in finance, investing and management in every imaginable way. Looks like we have two types of cheerleaders -  confused fan-boys aka "cheerleaders A" and confused trolls aka "cheerleaders B".  

I must say, this is like a retarded cheerleaders convention. Maybe you guys ( iCEBREAKER, Stuartduck, Mabsark and the rest of you) should give each other few medals and fuck off for good. How about trolling ASICmining? They have 600+ pages of mostly useless blabberings - it almost begs for your worthless input.

Now, lets get back to the topic.
Ken, have you started to negotiate the NDA, used so well to keep us all in the dark?
BTW, 15th is coming up. You promised to publish financial statements on 15th of every month. I still do not see the July statement. Can this 1 million dollar Co make it happen this month?

I bet I am not the only one, who likes to see the following
(as requested previously)

1) updated roadmap
2) high level project plan (task list, back log or what ever you like to call it) with milestones, dates and cost estimates
3) detailed, short term project plan with milestones, dates and cost estimates
4) regular updates to 1-3
5) financial statements like CF, PL
6) update balance sheet

And pleas, do not tell us you can not do it because of that NDA. This is bull shit and you know it.
Compile requested documents and get a fkn approval form eASIC. Daaaa....
full member
Activity: 224
Merit: 100
How is icebteaker not banned for spam
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
Good work guys! That Stuart guy deserves a frikin medal for his efforts



Which sock most deserves this?

Stuart?  Zumzero?  Volcanic?
hero member
Activity: 602
Merit: 500
myBitcoin.Garden
Good work guys! That Stuart guy deserves a frikin medal for his efforts and all you lot can do is feed him to the wolves! If you are offended by strong language then don't frequent unmoderated forums!
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
At least someone is fighting against the blatant trolling in ActM. I personally put them on ignore, but it is satisfying that he's able to embarrass them so easily.

The only person Stuart managed to embarrass was himself and we all had a laugh at him.

^^^This is true.  I was there and saw/participated in it.   

Where is VE BTW?    Huh   Cheesy
legendary
Activity: 826
Merit: 1004
At least someone is fighting against the blatant trolling in ActM. I personally put them on ignore, but it is satisfying that he's able to embarrass them so easily.

The only person Stuart managed to embarrass was himself and we all had a laugh at him.
Pages:
Jump to: