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Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 99. (Read 479317 times)

member
Activity: 110
Merit: 10
What are the current plans for chip development?
ActiveMining is in the process of gathering necessary funds for paying NRE costs on its 28nm chip. We hope these funds to be gathered soon, so that chip production can start as soon as possible. Estimated dates after NRE payment are:
  • Chip samples delivered in 9 weeks;
  • Low-volume chip production starting in 12 weeks, using an e-beam process;
  • Normal volume chip production starting in 16-18 weeks.

The above is from Ken on the first page of this thread.

Ken has mentioned the bitcoins have have already been converted to fiat, and therefore I presume the NRE has been paid.

So ....... 9 weeks after NRE is paid, we should get news about chip samples being in hand.

Anyone hazard a guess as to when the NRE was paid, and so 9 weeks is when??

Well ken said this...

 
Man. I'm bummed out over not having that report yet!   Undecided

Someone hold me... Cry

Sorry, been working all day on eAsic deal and doing the transfers.

Then VE said this and it was later revealed he talked to Ken's relative who implied NRE had gone through:

A little bird told me that the BIG news will come by next Saturday (no, nothing to do with these break even Avalon chips). 
I would normally keep this a secret and buy more, but I'm all-in, baby.   Grin

So I'm going to avg those dates and assume around August 8 they had the funds to eAsic. This is especially likely since it was revealed trade hill was the exchange for USD conversion and one can move large amounts fast there. That gives a target date of roughly Halloween (oct 31) for the samples to be out.
hero member
Activity: 736
Merit: 508
What are the current plans for chip development?
ActiveMining is in the process of gathering necessary funds for paying NRE costs on its 28nm chip. We hope these funds to be gathered soon, so that chip production can start as soon as possible. Estimated dates after NRE payment are:
  • Chip samples delivered in 9 weeks;
  • Low-volume chip production starting in 12 weeks, using an e-beam process;
  • Normal volume chip production starting in 16-18 weeks.

The above is from Ken on the first page of this thread.

Ken has mentioned the bitcoins have have already been converted to fiat, and therefore I presume the NRE has been paid.

So ....... 9 weeks after NRE is paid, we should get news about chip samples being in hand.

Anyone hazard a guess as to when the NRE was paid, and so 9 weeks is when??

chips samples were already delivered about 10 days ago and prototype are hashing.

edit: uh I thought you were talking about avalon chips
hero member
Activity: 896
Merit: 500
Dolphins Finance TRUSTED FINANCE
What are the current plans for chip development?
ActiveMining is in the process of gathering necessary funds for paying NRE costs on its 28nm chip. We hope these funds to be gathered soon, so that chip production can start as soon as possible. Estimated dates after NRE payment are:
  • Chip samples delivered in 9 weeks;
  • Low-volume chip production starting in 12 weeks, using an e-beam process;
  • Normal volume chip production starting in 16-18 weeks.

The above is from Ken on the first page of this thread.

Ken has mentioned the bitcoins have have already been converted to fiat, and therefore I presume the NRE has been paid.

So ....... 9 weeks after NRE is paid, we should get news about chip samples being in hand.

Anyone hazard a guess as to when the NRE was paid, and so 9 weeks is when??
member
Activity: 72
Merit: 10
This stock has turned into a PMB

On the contrary. The Avalon chips would have led to a mining income at a fixed hashrate until our own chip is ready. We're farther from a perpetual mining bond than before.

The stock's value is now completely determined by the ability of Active Mining to produce a good next gen chip.
member
Activity: 105
Merit: 11
This stock has turned into a PMB
member
Activity: 68
Merit: 10
I'd just like to voice my two cents and say that paying the refund out as a dividend makes absolutely NO sense. Have none of you invested before? Dividends are one aspect, and one that should be done when the company is doing well. AsicMiner paid whopping dividends when they were performing exceptionally well, and now all you idiots care about is DIVIDENDS DIVIDENDS DIVIDENDS. ActM just got punched in the dick, and you want them to use the extra to cash to pay you guys? Are you nuts?? You will get a lot more return than just one stupid dividend if you reinvest in the company and make it stronger.

There shouldn't even need to be a vote on this, it is a no-brainer. No dividend.

I've been thinking the same thing since day one, in fact when i tendered acm shares, i missed divs, i didn't even want them. I'd rather Ken take the btc an invest it into ActM, it'll pay off 100x more down the road.  I say we take a vote, who cares about some bitdust ?
sr. member
Activity: 420
Merit: 250
Except, no IceDrill scam was exposed at all. The only possible takeaway from the link VE provided is that he must suffer from some attention deficit issue and also hasn't mastered the California corporation search website.
hero member
Activity: 574
Merit: 500
Good news guys.. the ICEDRILL SCAM has been exposed.  Icebreaker is gonna love this:
https://bitcointalk.org/index.php?topic=269216.560

That's one less competitor to worry about.. (as if they were a threat in the first place  Cheesy)
In other one less competitor developments... BFL might be going bankrupt. Grin
https://bitcointalksearch.org/topic/lawsuite-against-bfl-284138
legendary
Activity: 1554
Merit: 1000
okay I'm out of the loop, no news article, no central place for news

something something Avalon refund seen on multiple sources, something something ActM price drop, something something these are related

whats the news, PM me?

Through lack of meaningful progress and explanation, people are losing confidence in ActM's ability to realise and maintain 'value', amidst the quickly changing ASIC landscape, IMO.

newbie
Activity: 13
Merit: 0
First time poster on this thread:

It's events like this where a clear communication strategy is essential to maintain investor confidence.  I was okay with limited updates due to the fact that the business plan had already been articulated and (as far as everyone knows) was tracking along.

With the news of possibly cancelled Avalon chips (a significant part of the mining strategy if I'm not mistaken) there has to be some statement of some kind.  At this point I have next to zero faith in a clear path ahead. 

If someone has some information I'm missing please enlighten me.
hero member
Activity: 546
Merit: 500
okay I'm out of the loop, no news article, no central place for news

something something Avalon refund seen on multiple sources, something something ActM price drop, something something these are related

whats the news, PM me?
member
Activity: 75
Merit: 10
nope!  Keep tryin!

M:TG reference?

Edit: or Mass Effect, or LoL?  ... hell, is it even a reference to any game? Smiley
sr. member
Activity: 392
Merit: 250
nope!  Keep tryin!
member
Activity: 75
Merit: 10
Just to put in my BTC0.02 about the Avalon decision... I say re-invest for sure.  I'll even take it a step further and say I wish ALL our current dividends were instead used to build a stronger base, move more product, and if possible speed up our relationship with eASIC.

I realize that I'm likely in the minority on that last part, but it certainly makes sense.  The majority of ActM's profit will be through the use and resale of custom chips through eASIC.  the current Avalon machines are a drop in the bucket compared to the rest of the business plan.  Since there's no way to re-invest our current Friday dividends due to shareholder expectations, the least we can do is re-invest the (possible) refund from Avalon.

legendary
Activity: 994
Merit: 1000
Good news guys.. the ICEDRILL SCAM has been exposed.  Icebreaker is gonna love this:
https://bitcointalk.org/index.php?topic=269216.560

That's one less competitor to worry about.. (as if they were a threat in the first place  Cheesy)

I've always wondered VE.  Why is your username spelled wrong?  Is it simply a pop culture reference I'm too dense to recognize, or was it simply a typo?

(HINT: Skylanders)

so... this + typo?

member
Activity: 75
Merit: 10
Good news guys.. the ICEDRILL SCAM has been exposed.  Icebreaker is gonna love this:
https://bitcointalk.org/index.php?topic=269216.560

That's one less competitor to worry about.. (as if they were a threat in the first place  Cheesy)

I've always wondered VE.  Why is your username spelled wrong?  Is it simply a pop culture reference I'm too dense to recognize, or was it simply a typo?

(HINT: Skylanders)

My kids own every freakin' Skylander figurine and all the games, and I still didn't get the reference.  *sigh* I'm getting too old. Sad
member
Activity: 110
Merit: 10
Good news guys.. the ICEDRILL SCAM has been exposed.  Icebreaker is gonna love this:
https://bitcointalk.org/index.php?topic=269216.560

That's one less competitor to worry about.. (as if they were a threat in the first place  Cheesy)

I've always wondered VE.  Why is your username spelled wrong?  Is it simply a pop culture reference I'm too dense to recognize, or was it simply a typo?

(HINT: Skylanders)
legendary
Activity: 1025
Merit: 1000
It's funny how all the biggest d-bags and villains in the investing community are major IceDrill supporters. They've got to just be trolling right?
sr. member
Activity: 392
Merit: 250
nope... try again!
legendary
Activity: 994
Merit: 1000
Good news guys.. the ICEDRILL SCAM has been exposed.  Icebreaker is gonna love this:
https://bitcointalk.org/index.php?topic=269216.560

That's one less competitor to worry about.. (as if they were a threat in the first place  Cheesy)

I've always wondered VE.  Why is your username spelled wrong?  Is it simply a pop culture reference I'm too dense to recognize, or was it simply a typo?

pop culture reference

??
http://blogs.wsj.com/japanrealtime/2013/08/19/volanic-eruptions-way-of-life-for-some-japan-residents/
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