[ActiveMining] The Official Active Mining Discussion Thread - page 99.

Pompobit

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Quote from: bigdude on August 30, 2013, 09:26:57 AM

Quote from: kslaughter on July 08, 2013, 05:47:13 PM

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

bigdude

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Dolphins Finance TRUSTED FINANCE

Quote from: kslaughter on July 08, 2013, 05:47:13 PM

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??

ChronoX5

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Quote from: discobean on August 30, 2013, 04:45:17 AM

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.

discobean

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This stock has turned into a PMB

tslimx

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Quote from: xchrisxsays on August 29, 2013, 07:31:06 PM

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 ?

Pale Phoenix

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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.

TsuyokuNaritai

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Activity: 574

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Quote from: VolanicEruptor on August 29, 2013, 08:47:09 PM

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

stereotype

legendary

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Quote from: stslimited on August 30, 2013, 01:40:45 AM

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.

black2burn

newbie

Activity: 13

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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.

stslimited

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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?

Effayy

member

Activity: 75

Merit: 10

Quote from: VolanicEruptor on August 29, 2013, 10:02:22 PM

nope! Keep tryin!

M:TG reference?

Edit: or Mass Effect, or LoL? ... hell, is it even a reference to any game?

VolanicEruptor

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nope! Keep tryin!

Effayy

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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.

dhenson

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Quote from: BlockChains on August 29, 2013, 09:44:59 PM

Quote from: dhenson on August 29, 2013, 09:02:44 PM

Quote from: VolanicEruptor on August 29, 2013, 08:47:09 PM

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?

Effayy

member

Activity: 75

Merit: 10

Quote from: BlockChains on August 29, 2013, 09:44:59 PM

Quote from: dhenson on August 29, 2013, 09:02:44 PM

Quote from: VolanicEruptor on August 29, 2013, 08:47:09 PM

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

BlockChains

member

Activity: 111

Merit: 10

Quote from: dhenson on August 29, 2013, 09:02:44 PM

Quote from: VolanicEruptor on August 29, 2013, 08:47:09 PM

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)

kingcrimson

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?

VolanicEruptor

sr. member

Activity: 392

Merit: 250

nope... try again!

dhenson

legendary

Activity: 994

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Quote from: VolanicEruptor on August 29, 2013, 09:03:39 PM

Quote from: dhenson on August 29, 2013, 09:02:44 PM

Quote from: VolanicEruptor on August 29, 2013, 08:47:09 PM

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/

VolanicEruptor

sr. member

Activity: 392

Merit: 250

Quote from: dhenson on August 29, 2013, 09:02:44 PM

Quote from: VolanicEruptor on August 29, 2013, 08:47:09 PM

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

Topic: [ActiveMining] The Official Active Mining Discussion Thread - page 99. (Read 479475 times)