Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 77. (Read 479499 times)

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!

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.

bitfunder is annoying

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).

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.

Heady times!  ActM & Labcoin neck-and-neck @.0035 on burnside's gameserver!
 

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.

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

I have to repeat this. These are legit concerns and requests.

OT: Don't upgrade Google Authenticator on iOS or you'll lose your data!

Suggested fix: https://bitcointalksearch.org/topic/m.3077955

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.

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.

Simply.......



KEN?

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....

How is icebteaker not banned for spam

Which sock most deserves this?

Stuart?  Zumzero?  Volcanic?

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!

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

Where is VE BTW?       

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

Progress is under NDA.  Cheer louder and buy more, or GTFO.

If you like insider trading, get 100k shares and join the Board of Ultimate Uselessness.