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Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 130. (Read 771512 times)

hero member
Activity: 658
Merit: 500
decentralize EVERYTHING...
VolcanicButthurter needs to be put down.
sr. member
Activity: 392
Merit: 250
so bargraphics, are you offended that Ken doesn't even want to talk to you? 

It's funny that you would say that. Gerald did make it extremely clear that one of the main reasons ActiveMining doesn't give out any detailed information is due to them originally telling you about the eASIC deal before it was confirmed and you harassing eASIC to the point where the deal almost fell through.

While I don't think this is a legitimate reason for ActM to hold back information to it's shareholders, from the sounds of it you have done more to harm this company than any actual troll out there.


As I've stated before, a meeting with Ken is likely for this coming up Weekend/Monday.

They are trying to pass the blame of company failure onto me.  If they can't survive a few trolls on the internet they better start selling hamburgers.
hero member
Activity: 518
Merit: 500
Every man is guilty of all the good he did not do.
so bargraphics, are you offended that Ken doesn't even want to talk to you? 

It's funny that you would say that. Gerald did make it extremely clear that one of the main reasons ActiveMining doesn't give out any detailed information is due to them originally telling you about the eASIC deal before it was confirmed and you harassing eASIC to the point where the deal almost fell through.

While I don't think this is a legitimate reason for ActM to hold back information to it's shareholders, from the sounds of it you have done more to harm this company than any actual troll out there.


As I've stated before, a meeting with Ken is likely for this coming up Weekend/Monday.
sr. member
Activity: 392
Merit: 250
so bargraphics, are you offended that Ken doesn't even want to talk to you? 
legendary
Activity: 2478
Merit: 1020
Be A Digital Miner
@Bar:  Take any pics of the benches or the Avalons?
No it really was a brief look in and then I was told I would have to wait for Ken to go back in which is understandable. Gerald made it clear that Ken is the boss and decision maker. I have to go back to Springfield on the 20th anyways to get back on plane back home. I expect that will be the day I do the followup meeting.
So, in a two person company, nothing can be said except by this "ken"?   Why did you bother to go then?   Did they not tell you this would happen?  
To summarize your trip:  You saw a $1-2000 per month garage sized warehouse with $700 of benches, and some barely producing Avalons in it and met with someone that could not tell you anything?
So, $3 Million from investors and claims of $6 Million in pre-orders and now we are 100% sure that the photograph that Ken posted of the $700 of assets are there?

I am ready to buy shares.   What is $700 / 25,000,000 ?
hero member
Activity: 518
Merit: 500
Every man is guilty of all the good he did not do.
@Bar:  Take any pics of the benches or the Avalons?

No it really was a brief look in and then I was told I would have to wait for Ken to go back in which is understandable. Gerald made it clear that Ken is the boss and decision maker. I have to go back to Springfield on the 20th anyways to get back on plane back home. I expect that will be the day I do the followup meeting.
hero member
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https://karatcoin.co
Hey guys,

Writing this on my iphone so I'll make it brief.

I met with Micah and Gerald over here and got a brief tour of the warehouse where I saw the workbenches and their Avalons hashing.

My initial impression was they were very open and enjoyed having customers/shareholders come by. The place was relatively easy to find.

i had breakfast with Gerald and most of my questions were cut short due to only Ken having the authority to answer them.

Gerald let me know that they are still getting orders. Ken is in San Jose meeting with eASIC and the board engineers. Gerald said he is excited for the news that should come back with Ken hopefully sometime this week.

I asked them about their financial situation and of course it was very vague but he mentioned that even if every customer wanted a refund ( and they are giving refunds to anyone that requests them ) they would still be in good shape to continue with the project.

Ken should be back by the weekend and I have a meeting planned with him then.

So take this as you will. They have stressed to me that they are open to others to visit just give them a call/pm/email and set it up if you'd like to come by.

My opinion of the situation is that they seem to be making every effort to make this project happen,
there were delays that could have avoided but it also appears eASIC is working with them to resolve these issues asap.

Tale all of this as you will but I expect the meeting with Ken directly will be more more informative.

Bargraphics, thanks for taking the time to inquire into the situation at VMC. I'm looking forward to your interview with Ken.
newbie
Activity: 43
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@Bar:  Take any pics of the benches or the Avalons?
sr. member
Activity: 302
Merit: 250
My opinion of the situation is that they seem to be making every effort to make this project happen,
there were delays that could have avoided but it also appears eASIC is working with them to resolve these issues asap.

Its good to have some confirmation of this, thanks for taking the time to do this trip BG. eASIC being present and trying to resolve the issue is good as well.

sr. member
Activity: 350
Merit: 250
Co-Owner Of DCMCo-Op Mining Farm at 3.5 th/s
[snip]
And from someone who talks Regularly With ken and trying to help him in any way possible, All i can say due to NDA agreements with Ken is that Some Very Big Surprises are coming Soon for all the FUDsters and Nay-sayers about VMC and ActM  

I took you up on your offer, "Admin Of TheFreeBitCoinsLst.com Come Check Us out," and got a Big Surprise.
Your site's dead Sad


Yes Site is Dead Right now ( Due to the MASSIVE LOSS and Legal issues i had with the mining Pool 50btc.com ) But I will have the Site back up soon thanks to a VERY generous Site Partnership  i just made with Someone who wishes to remain Anonymous.

So TheFreeBitCoinsList.com Will Be Back Better then Ever Soon :-)


Ok I am now done with the Self Plugging




LoL.........LoL.........LoL
hero member
Activity: 518
Merit: 500
Every man is guilty of all the good he did not do.
Hey guys,

Writing this on my iphone so I'll make it brief.

I met with Micah and Gerald over here and got a brief tour of the warehouse where I saw the workbenches and their Avalons hashing.

My initial impression was they were very open and enjoyed having customers/shareholders come by. The place was relatively easy to find.

i had breakfast with Gerald and most of my questions were cut short due to only Ken having the authority to answer them.

Gerald let me know that they are still getting orders. Ken is in San Jose meeting with eASIC and the board engineers. Gerald said he is excited for the news that should come back with Ken hopefully sometime this week.

I asked them about their financial situation and of course it was very vague but he mentioned that even if every customer wanted a refund ( and they are giving refunds to anyone that requests them ) they would still be in good shape to continue with the project.

Ken should be back by the weekend and I have a meeting planned with him then.

So take this as you will. They have stressed to me that they are open to others to visit just give them a call/pm/email and set it up if you'd like to come by.

My opinion of the situation is that they seem to be making every effort to make this project happen,
there were delays that could have avoided but it also appears eASIC is working with them to resolve these issues asap.

Tale all of this as you will but I expect the meeting with Ken directly will be more more informative.
newbie
Activity: 42
Merit: 0
[snip]
And from someone who talks Regularly With ken and trying to help him in any way possible, All i can say due to NDA agreements with Ken is that Some Very Big Surprises are coming Soon for all the FUDsters and Nay-sayers about VMC and ActM  

I took you up on your offer, "Admin Of TheFreeBitCoinsLst.com Come Check Us out," and got a Big Surprise.
Your site's dead Sad
sr. member
Activity: 350
Merit: 250
Co-Owner Of DCMCo-Op Mining Farm at 3.5 th/s

Jo, thanks for saying it's not personal.  I can deal with the personal stuff although it genuinely gets to me when people call into doubt my honesty.  If you were to look back at my posts the pattern you would notice is that my contributions are fairly level  headed and indeed pro-ActM until a fudster or troll turn up and I then go for the jugular.  This is because I can not abide injustice and will always stick up for people where I see wrong doing.  Even with my efforts I still think there is an enormous imbalance of people who hate on Ken and if I thought this could potentially lead to him throwing in the towel at some point then why would I not attempt to address this as best I could when I had so much to lose if the project failed?
I find it amazing that there are people who believe that a cheerleader is more dangerous than a fudster and troll as I understand a cheerleader to be someone who cheerleads because they believe in a company.  If a cheerleader is someone who may not believe in a company but promotes them then I am no cheerleader.
Now people can take what I say with a pinch of salt all they like, that's fine, but when I share information from the kindness of my own heart by quoting the CEO's PM's, how long until that CEO exposes my lies if I am publicly tampering with his words?
Edit: Jo to give you a better understanding of my posts and my mindset, I'll say this.  I'm an amateur endurance athlete believe it or not, and if I ever accepted that failure was a possibility in any challenge, then I wouldn't get out of bed in the morning.  Perhaps I recognise that tenacity in Ken.

+1,000,000,000,000,000 BTC and Karma Points for this Post Zum

It is refreshing to see People be open and honest these days



And from someone who talks Regularly With ken and trying to help him in any way possible, All i can say due to NDA agreements with Ken is that Some Very Big Surprises are coming Soon for all the FUDsters and Nay-sayers about VMC and ActM  
hero member
Activity: 602
Merit: 500
myBitcoin.Garden
Hah I'm kidding, this is actually in a cabinet at the hotel I'm staying at. Something about "e-cycling" which I couldn't help but snap a picture of.

Edit: And the clock actually works! Tongue

When does your visit end? So i can start asking questions.

See, it's posters like this that get my hackles up.  Why would anyone, who is a non-shareholder and believes that ActM is a sinking ship (his words) express this kind of interest when they have already formed their opinions and regardless of what Bargraphics decides to share, will slag of this company off? It's people like this that make me highly suspicious of their dubious intentions.  I get it in the neck for merely sharing information and yet people like this get defended because they are asking questions.  Bullshit.

What would have been a more truthful post would read, "When will you post your findings because I will be refuting everything you say regardless of what you say."

sr. member
Activity: 245
Merit: 250
Volanic: then do it. Did you order a miner? Request a refund if you are unhappy. Try to keep speculation and fear-baiting out of this discussion.

Good stuff Bar, will be checking in while at work. I'm curious to see what they have to show you.
legendary
Activity: 1904
Merit: 1007
Hah I'm kidding, this is actually in a cabinet at the hotel I'm staying at. Something about "e-cycling" which I couldn't help but snap a picture of.

Edit: And the clock actually works! Tongue

When does your visit end? So i can start asking questions.
sr. member
Activity: 392
Merit: 250
Labcoin lawsuit is also about to show some action

https://bitcointalksearch.org/topic/m.4495577

We are finally reaching the time when scammers become liable for their actions.  I bet you every Bitcoin scammer on U.S. soil can be brought to justice, its just a matter of time to organize and execute a plan.
sr. member
Activity: 392
Merit: 250
I would like to post something relevant:

http://www.reddit.com/r/Bitcoin/comments/1u4v0o/i_sued_bfl_in_kansas_jurisdiction_and_won/

It looks like its not easy as Ken Slaughter may think to steal Bitcoins.  Let's hope the lawsuits keep coming to these shady ASIC manufacturers including VMC (if you would even call them an asic manufacturer).

I say VMC customers try to go for Bitcoin refunds rather than fiat refunds.  It seems to work in other cases so far.
hero member
Activity: 518
Merit: 500
Every man is guilty of all the good he did not do.
Good Morning guys,

First pictures of the boards.

This is the board and you can see the huge Oscillator built right in.





Hah I'm kidding, this is actually in a cabinet at the hotel I'm staying at. Something about "e-cycling" which I couldn't help but snap a picture of.

Edit: And the clock actually works! Tongue
sr. member
Activity: 280
Merit: 250
IIIIII====II====IIIIII
zumzero - Nice post fella. Its not usual for people to be so open as you are on here basically because there are way too many immature voices. The testosterone levels on here are through the roof most of the time and boys will be boys.

I also think (hope) I recognise honesty when I see it and we have had chats about Ken and raised doubts about some of his decisions over comms etc, but the one thing we do agree on is his honesty. Yes  many shareholders may well be right that in terms of being informed about how this company is progressing they have been badly let down. But I still don't think Ken will do well out of this unless we do well. After so long on this project I can't see him not putting everything he's got into this. Certainly his family are up to their necks so its a big big deal for them all.
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