Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 102. (Read 771280 times)

Agreed. We now have a firm set of chip specs and a far more detailed plan for the next few months. Now is the time that new investors can be attracted to the company.

The more investors we see interested in ACtM the higher share price will go. I'm not saying that because I want out of ACtM at a good price. But I do want to sell 10-15% of my shares for the best price possible in order to secure some BTC.

I would advise anyone with ACtM shares to hold onto the majority of them because you will make more in divs over the next 12months than you will by selling them outright. But I'm sure most people would like to liquidate 10-20% to secure some bitcoin for holding. So, encourage new investors to ACtM if you get the oportunity. Don't give them the BIG sell, tell them the facts and they should see how the company is a good medium to long-term investment opportunity.

Ken, you should get the latest press release up on the "News" section on our Crypto Trade page soon I think.

No-one knows how large the investment community is or how fast it's growing. A few thousand investors and the individual invest ammount doesn't have to be that large. We can all help the price along by mentioning CryptoStocks CryptoTrade and ACtM in relevant spaces on the net.

As to the placing of this 232k at 0.01. Ken has learnt about price walls the hard way. This is in effect a large wall and so it cannot be placed where it might interfere with the early days and weeks of trading that we will see on CT. It has to be at 0.01, well above the all-time-high, and I think Ken will not expect any of those shares to sell until we start mining and selling complete machines. I'd be surprised if they did anyway.

Having said that, the previous all-time-high at 0.007 had less news behind it than the current situation. We now have fairly firm delivery dates, we have firm chip specs (for the 55nm), we have 2 custom chips coming along, we have the budget and high-end sectors of the market covered. We expect to sell chips in bulk not just farm and sell machines. We also know our farm power costs and we know we have a dedicated project manager at eASIC, two experienced engineers on board and two separate global companies fabbing our chips. So I see reaching the previous high of 0.007 a distinct possibility. Yes BTC is of a higher value now but a lot of the community have not bought their coins at this price.

+1

FYI:

Hashfast is delivering.

https://bitcointalksearch.org/topic/guess-who-got-a-hashfast-baby-jet-today-425019

Apparently they're having some issues.

Estimated draw at the wall means he's predicting a miner based on these will use 1.32J/GH, vs the chips themselves use 1.32J/GH and then you have to add in DC/DC losses, other draws (fan, controller, etc), and the AC/DC PSU loss.

As Bargraphics said, it would make the most sense at this point for it to be chip level, which would put it around the same mark as the Antminer chips. Probably looking at somewhere closer to 2J/GH at the wall when built into miners if they hit specs.

Two points:

1) Market leading chips also tend to be the most expensive, we should have a decent (custom) chip that we can sell at a decent price. That to me smells of success.

2) From the price we are paying for power we can mine just these 55nm chips ourselves in huge amounts and generate good coin.

Very likely to be chip level.

It certainly wouldn't be a market leader (even by 55nm standards) but the people are clamoring for shovels (while simultaneously bemoaning the greatly exaggerated death of mining)

My understanding of the situation is that this is a forced sale where Ken would recover his losses and the rest would go to Ukyo and he would distribute it evenly to everyone that is still waiting for BTC from him.


Most likely chip level

Estimated draw at the wall means estimation? I think its an estimate as the chips were just tape-out or w/e yesterday.

Is 2.5W for 1.9GH/s at the chip level, or the estimated draw at the wall?

I'm afraid Ken exploits vagueness of the English language to plant doubt and confusion amongst the hoi polloi.  Who can forget the lulzy "we're shipping product"?
"We are selling Ukyo shares on Crypto-Trade" is similarly open to interpretation.  

If this is the case and Ken is adamant about recouping the loses ( I am completely against selling any of Ukyo's Shares ) then Ken should sell just enough shares to cover the loses. That is it. He/We did not lose 2320 Bitcoins. Apparently we lost like 100ish or 60ish or w/e. So he should sell just enough shares to recover those loses and Ukyo should be able to claim the rest of his shares. Greed has taken a hold of you guys.

Is that not what Ken said?

Why not?  No one would buy @.004 either, and .01 looks more impressive.  And shows Ukyo that Ken's Serious Bizniz.

the question is why the sell price is at0.01，why not 0.005？0.004？

Ahhh, got it.
Shares are worth 0.01 because of:

55nm?  Isn't that what the dinosaurs used to hash?

Who cares?  Ken put up a bunch of shares on Crypto-Trade.  Shares are shares.  Yours are no different from Ukyo's.  If push comes to shove, Ken could claim the shares are his.  Until he explicitly states that the shares are Ukyo's, this is just more diversionary muppetry.

Is everyone too lazy to look up a cached version of BF to find a shareholder with 232,000 shares in the asset list then?