[ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 104.

wasubii

sr. member

Activity: 448

Merit: 250

Quote from: Ozymandias on January 22, 2014, 09:13:31 AM

Quote from: wasubii on January 22, 2014, 08:45:36 AM

Quote from: kslaughter on January 22, 2014, 08:30:16 AM

Quote from: kactech on January 22, 2014, 06:20:47 AM

1.9GH/s and 2.5W, estimated end of profitable hashing:
0.20 $/kWh - July
0.15 $/kWh - August
0.10 $/kWh - September
One month extra if BTC at $2k. From selling point, it can make wide customer base for future 28nm but needs high volume, no preorders, sell at costs, deliver on time.

How about 0.017 $/kWh

A simple interpolation of his figures would suggest mid-July.

But that assumes his maths above is correct.

I'd like to see the figures on this - what difficulty increased have you presumed kactech? Please show us your calculation.

0.017 not 0.17

My bad. you would have thought my decimal discipline would have gotten better by now for-satoshis-sake!

Ken - any comment on the shares that appear to have been traded on crypto-trade? How is that possible? Please confirm or deny any knowledge...

Ozymandias

sr. member

Activity: 644

Merit: 250

Quote from: wasubii on January 22, 2014, 08:45:36 AM

Quote from: kslaughter on January 22, 2014, 08:30:16 AM

Quote from: kactech on January 22, 2014, 06:20:47 AM

1.9GH/s and 2.5W, estimated end of profitable hashing:
0.20 $/kWh - July
0.15 $/kWh - August
0.10 $/kWh - September
One month extra if BTC at $2k. From selling point, it can make wide customer base for future 28nm but needs high volume, no preorders, sell at costs, deliver on time.

How about 0.017 $/kWh

A simple interpolation of his figures would suggest mid-July.

But that assumes his maths above is correct.

I'd like to see the figures on this - what difficulty increased have you presumed kactech? Please show us your calculation.

0.017 not 0.17

EskimoBob

legendary

Activity: 910

Merit: 1000

Quality Printing Services by Federal Reserve Bank

Quote from: wasubii on January 22, 2014, 08:45:36 AM

Quote from: kslaughter on January 22, 2014, 08:30:16 AM

Quote from: kactech on January 22, 2014, 06:20:47 AM

1.9GH/s and 2.5W, estimated end of profitable hashing:
0.20 $/kWh - July
0.15 $/kWh - August
0.10 $/kWh - September
One month extra if BTC at $2k. From selling point, it can make wide customer base for future 28nm but needs high volume, no preorders, sell at costs, deliver on time.

How about 0.017 $/kWh

A simple interpolation of his figures would suggest mid-July.

But that assumes his maths above is correct.

I'd like to see the figures on this - what difficulty increased have you presumed kactech? Please show us your calculation.

So we are not even in the "flying bicycle, powered by rainbows and things" stage but more like a push bike with no wheels, handles and saddle? Frame exists as a drawing in sand.

Now I understand why Ken refused to publish weekly reports, give us a short and long term plans etc back in August-December.

Ken, how much of our money have you wasted on imaginary engineers, chip design and lawyers so far?

Ken, you keep talking about CC and CE aka where to trade the shares. Let me ask this, shares of what?

1) We have no idea wtf is really going on.
2) you have managed to produce exactly ZERO! fin reports that are acceptable - impossible to evaluate the ActM.
3) and the stuff you have written lately, shows that from August-December you lied almost every time you posted in this thread.

Are you turning in to a Princess Usago or what ever this asshats name was?

zumzero

hero member

Activity: 602

Merit: 500

myBitcoin.Garden

Quote from: Subcide on January 22, 2014, 08:51:48 AM

It feels a bit dodgy for you to be picking the highest bids on CT while the rest of the market is in limbo... I don't know if it is, but it feels it.

No offense, but this is simply crazy talk and totally feeding the trolls. What is your point? That you have a feeling about something, but you don't know? Is that like a sixth sense of impending doom or what? I know let's ask the trolls shall we.... they'd know.

snowdropfore

hero member

Activity: 843

Merit: 1001

Quote from: Thumper650 on January 22, 2014, 08:55:47 AM

Quote from: snowdropfore on January 22, 2014, 08:48:30 AM

Quote from: kslaughter on January 22, 2014, 08:40:41 AM

We are selling Ukyo shares on Crypto-Trade to recover our losses on Bitfunder.

We will start moving Investors shares to Crypto-Trade within the next 7 days.

is it legal to sell the shareholder's asset??

Popcorn shares are skyrocketing.

somebody ganna get rich,, the question is no one wil buy the share at 0.01

Thumper650

newbie

Activity: 42

Merit: 0

Quote from: snowdropfore on January 22, 2014, 08:48:30 AM

Quote from: kslaughter on January 22, 2014, 08:40:41 AM

We are selling Ukyo shares on Crypto-Trade to recover our losses on Bitfunder.

We will start moving Investors shares to Crypto-Trade within the next 7 days.

is it legal to sell the shareholder's asset??

Popcorn shares are skyrocketing.

kleeck

hero member

Activity: 532

Merit: 500

https://karatcoin.co

Quote from: snowdropfore on January 22, 2014, 08:48:30 AM

Quote from: kslaughter on January 22, 2014, 08:40:41 AM

We are selling Ukyo shares on Crypto-Trade to recover our losses on Bitfunder.

We will start moving Investors shares to Crypto-Trade within the next 7 days.

is it legal to sell the shareholder's asset??

This was discussed ad nauseum when Ukyo's shares were first seized. I'd love for this conversation to NOT be drudged back up.

snowdropfore

hero member

Activity: 843

Merit: 1001

Quote from: snowdropfore on January 22, 2014, 08:48:30 AM

Quote from: kslaughter on January 22, 2014, 08:40:41 AM

We are selling Ukyo shares on Crypto-Trade to recover our losses on Bitfunder.

We will start moving Investors shares to Crypto-Trade within the next 7 days.

is it legal to sell the shareholder's asset??

sell order's price is 0.01??

Subcide

member

Activity: 70

Merit: 10

It feels a bit dodgy for you to be picking the highest bids on CT while the rest of the market is in limbo... I don't know if it is, but it feels it.

snowdropfore

hero member

Activity: 843

Merit: 1001

Quote from: kslaughter on January 22, 2014, 08:40:41 AM

We are selling Ukyo shares on Crypto-Trade to recover our losses on Bitfunder.

We will start moving Investors shares to Crypto-Trade within the next 7 days.

is it legal to sell the shareholder's asset??

wasubii

sr. member

Activity: 448

Merit: 250

Quote from: kslaughter on January 22, 2014, 08:30:16 AM

Quote from: kactech on January 22, 2014, 06:20:47 AM

1.9GH/s and 2.5W, estimated end of profitable hashing:
0.20 $/kWh - July
0.15 $/kWh - August
0.10 $/kWh - September
One month extra if BTC at $2k. From selling point, it can make wide customer base for future 28nm but needs high volume, no preorders, sell at costs, deliver on time.

How about 0.017 $/kWh

A simple interpolation of his figures would suggest mid-July.

But that assumes his maths above is correct.

I'd like to see the figures on this - what difficulty increased have you presumed kactech? Please show us your calculation.

kslaughter

sr. member

Activity: 476

Merit: 250

We are selling Ukyo shares on Crypto-Trade to recover our losses on Bitfunder.

We will start moving Investors shares to Crypto-Trade within the next 7 days.

kslaughter

sr. member

Activity: 476

Merit: 250

Quote from: kactech on January 22, 2014, 06:20:47 AM

1.9GH/s and 2.5W, estimated end of profitable hashing:
0.20 $/kWh - July
0.15 $/kWh - August
0.10 $/kWh - September
One month extra if BTC at $2k. From selling point, it can make wide customer base for future 28nm but needs high volume, no preorders, sell at costs, deliver on time.

How about 0.017 $/kWh

kslaughter

sr. member

Activity: 476

Merit: 250

Quote from: NxtChoice on January 22, 2014, 07:01:41 AM

1.9 GH/s, 2.5W

Which means 2.5W/GH or total 2.5W for 1.9GH/S?

2.5W per chip or 1.315789474W/GH

Edit: 2.5 Watts per GH/s

kslaughter

sr. member

Activity: 476

Merit: 250

Quote from: penlight on January 22, 2014, 08:11:06 AM

Quoting from the VMC thread:

Quote from: kslaughter on May 20, 2013, 05:33:28 AM

We are estimating on shipping our 45nm series of machine by 12/31/2013 and our 28nm by 6/30/2014

So look like we're back to the projections made in 2013 May. Forgetting the 45nm chips, of course.

Not quite, the 55 nm is a full custom chip.

kslaughter

sr. member

Activity: 476

Merit: 250

Quote from: drawingthesun on January 22, 2014, 07:14:12 AM

So lets get this straight, the 55nm is delivered in 2 months (April 1st) and as I understand it even the original 28nm would be obsolete by then, so this chip gets some product shipped and some mining revenue in the bank, but make no mistake, our future rests on the new 28nm chip.

If this chip comes a few months after the 55nm, we are looking at mid 2014 for this new 28nm. I expect the competition to begin construction on the first TH/s chips by then so I really hope our mid 2014 28nm is several hundred GH/s at least.

Ken, you have mentioned that CryptoTrade will come before ColouredCoins, if this is true then will you allow us to transfer from CryptoTrade once ColouredCoins happen or are you still not allowing any transfer (Meaning if we want our shares to be ColouredCoins we have to wait and not trade at all)

Thanks.

As of now you would have to make a choice. Now, that said it the Bitcoin world it is hard to see 1 day ahead. So, if you want to take a chance on CT and later and we have the man power and systems in place where we could move the shares from CT to CC then we would. Of course if you are on CT something like what happen to Bitfunder could happen and we would have to move the shares to CC.

penlight

newbie

Activity: 2

Merit: 0

Quoting from the VMC thread:

Quote from: kslaughter on May 20, 2013, 05:33:28 AM

We are estimating on shipping our 45nm series of machine by 12/31/2013 and our 28nm by 6/30/2014

So look like we're back to the projections made in 2013 May. Forgetting the 45nm chips, of course.

Bargraphics

hero member

Activity: 518

Merit: 500

Every man is guilty of all the good he did not do.

Quote from: Vigil on January 21, 2014, 11:36:57 PM

I have found a record of People's ASIC:

http://www.bizapedia.com/ca/PEOPLES-ASIC-LLC.html

It is "run" by a Gregor Glawitsch who has a Computer Science degree from Johannes Kepler University.

Dude seems legit - he has some background all over Google.

I've known Greg for the past 8 months and he's an extremely smart and talented engineer. I was very surprised myself when reading the newest press release as I was the one that introduced the two but to only have Greg give me his opinion about Ken back in July. https://bitcointalksearch.org/topic/m.2836176

I'm happy I made that connection because I'm confident that this project will be successful.

Quote from: Puppet on January 22, 2014, 06:05:01 AM

So Nextreme 3 is indeed delayed/DOA. No other reason for this move, and no way eASIC would otherwise give Ken the netlog and IP. I guess thats their way of making up.

Not sure why people consider this good news though; a 55nm asic has most of the disadvantages of a 28nm structured asic (lower powwer effiency, lower performance/mm²) without having the key advantage: time to market. I guess its about the only thing Ken could do, but good news, it aint.

Hi Puppet,

The IP came from People's ASIC. eASIC is simply moving to a full custom chip and from my understanding they will be not being Nextreme or eASICCopy to do this. eASIC is now simply just the backend designer similar to what uniquify was to hashfast and alchip is to KnC. I'm sure that eASIC will also still use their partnered Fabs and connections to see the whole chip process through.

55nm is a good stop-gap measure, the chip prices to produce and package it in bulk will definitely be profitable in Q2. My estimations put the 28nm chip around July/August which will still be fine considering it is a full custom.

drawingthesun

legendary

Activity: 1176

Merit: 1015

So lets get this straight, the 55nm is delivered in 2 months (April 1st) and as I understand it even the original 28nm would be obsolete by then, so this chip gets some product shipped and some mining revenue in the bank, but make no mistake, our future rests on the new 28nm chip.

If this chip comes a few months after the 55nm, we are looking at mid 2014 for this new 28nm. I expect the competition to begin construction on the first TH/s chips by then so I really hope our mid 2014 28nm is several hundred GH/s at least.

Ken, you have mentioned that CryptoTrade will come before ColouredCoins, if this is true then will you allow us to transfer from CryptoTrade once ColouredCoins happen or are you still not allowing any transfer (Meaning if we want our shares to be ColouredCoins we have to wait and not trade at all)

Thanks.

NxtChoice

full member

Activity: 238

Merit: 100

1.9 GH/s, 2.5W

Which means 2.5W/GH or total 2.5W for 1.9GH/S?

Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 104. (Read 771280 times)