Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 166. (Read 771512 times)

@Minerpart:  zumzero is YOU.  Sad but true.  Face the facts and deal with it.

That defies the laws of math and physics.  You read something wrong.  Quote me the text, please, and link.

@Minerpart:  zumzero is YOU.  Sad but true.  Face the facts and deal with it.

So, they possibly could have seen this opportunity as a marketing move more so than anything else? "Lets do it, we will get a lot of great publicity even if it is total BS."

Yeah because we all know that Theymos takes a hard stance against scammers on bitcointalk. (Bitcoin Savings and Trust, Labcoin, etc...)

I am guessing Crumbs got a perma-ban but he uses proxies to get past it whereas other people don't care that much.

The only reason I could see the mods blocking Zumzeros IP and NOT VE OR CRUMBS would be that they could clearly see that zumzero was obviously part of the scam which could have been given away by his IP address..

There is a lot of front end data handling in SHA-256 that you skip for bitcoin proof of work.  Off the shelf modules are not very efficient.

FPGAMINER maintains a very nice set of open source VHDL libraries for bitcoin though.  I assume Ken mostly copy/pasted his work.

The easic press release was from their director of marketing.  I always found that suspicious.  Just a sales guy crowing about a deal.  Not an engineering guy.

This is possible, the efficiency of such an animal would be absolutely abysmal for a SA256 chip - in both speed and (functional) gate density. A slight step up from FPGA, with emphasis on "slight."  And sauce, pl0x.

And to top it all I heard from zumzero via email today that he has received a lifetime ban from bitcointalk. He says his IP has been blocked. Yet crumbs and VE are still posting FUD like crazy.

This place is not fit to host the ACtM thread. It's bad for investor morale and bad for business. Imagine what a prospective buyer is going to think after reading what is going on in here today. Are they going to order? No. I wouldn't either based on the lies in here.

This company will succeed but there is the potential for a loss of customers and the creation of ill-will between our suppliers and ourselves through the dirty work going on here. eASIC might not be so keen to keep supplying us if their name is dragged through the dirt like it is being. Where would we be then?

THINK people.

WOW

What a huge pile of shit from Canadian Guy.

This time last week he had a fully functioning ACtM machine and was watching it pump out BTC while he supped beer. He even offered to sell it for big bucks using Eschrow. Now he says there are no chips and the whole enterprise is a scam!

What is going on? Seriously the FUD on here has never been so high.

And some of you believe it and are going to kick up a stink at eASIC? Get a GRIP.

Ahh and that is where the magnificant NDA comes into affect.  You see, eASIC is protected by that NDA, and so they appear legitimate too.  If there were actually chips, why have we not seen them?  Oh right... NDA.  Do you see this loop you are stuck in?  They intended for that.

Alright, so here's the scoop.  Ken is doing exactly what other bitcoin scammers have done; they keep the faith "alive" as long as possible so that it gives us the illusion that they are trying to make it work.  Ken wants to eventually give us the appearance that despite all his efforts, this is a failed business rather than an outright scam.  He will do this by periodically logging onto kslaughter and replying to frightened shareholders with "no, don't worry".  In fact, you would be lucky if he took the time to say all 3 of those words.  Instead, you would most likely get a "No".  

All of this work of buying the server cases and sticking fans in them is a desperate attempt to "appear legitimate".  Look at "sam" from Labcoin.  He would log in periodically to reassure investors.  He even had the balls to say "You should buy shares now because they are so cheap".  Sam even went to the efforts of joining a Q&A session on IRC.  This was all before completely disappearing.  You see, Ken has a lot more track to cover because his identity is known.  He will avoid prison time because he is working his ass off at making this appear like a legitamatley failed business venture.  In fact, he has won.. because the only ones who came out on top is his own family.  Samantha and Mycha were previously unemployed.  They listed their employment as "Bitcoin" because they have basked in the wealth of having an activemining salary.  That salary was at our cost and part of the "engineering costs' which Ken asked for during his second IPO.  They are not engineers -- not even close.   What a wonderful way to raise their kids!  It's a consistant bitcoin income for doing nothing more than opening up a few server case boxes in their garage.  

There will be posters in here who support Ken until he is dead in the ground, there will even be those who will await his spirit to rise up from the ground to save us all.  

He will keep convincing us with his "updates", but I have bad news for you.  It's game over.

By the way, I am in no way associated with Volcaniceruptor.  I have talked with him many times about this, however.

No, he's talking about putting power supplies into cases.  Until he can prove he has a set of 16 chips mounted to a board and they collectively hash at 256GH/s, he's not preassembling anything and assembly is done because there's never going to be anything more to put into them.

If Ken is talking about moving to full production, where are the sample chips?  Who is in physical possession of them?  I'm going to just go out on a limb and assume they went back to the foundry to diagnose a complete batch of non-functional chips.  That is, if they exist at all.

Where are all the cases?  If there's millions of dollars in preorders, there has to be more cases than what we've seen.  We've seen a couple dozen in one picture at one time.  I just want some damned proof that there is some sort of production on the level that is claimed.

programmable ASIC
eASIC and Fastrack form partnership to deliver NRE-free programmable ASIC
(Fastrack Design has joined eASIC’s Design Service Representative (DSR) program in order to provide its customers with Structured ASIC devices and design services)

San Jose, California, July 12, 2005 – eASIC® Corporation, a provider of configurable logic and Structured ASIC products, and Fastrack Design, a provider of turnkey ASIC design services, today announced the formation of a strategic partnership to deliver eASIC’s 0.13 micron Structured ASIC products. The companies have signed eASIC’s DSR (Design Service Representative) agreement, expanding eASIC’s sales channel reach and broadening Fastrack’s offerings. The partnership leverages the two company’s strengths to facilitate Structured ASIC design and shorten the overall development cycle, delivering to the customer breakthrough ASIC products and technology with no NRE fee.

eASIC wouldn't have put up an announcement for nothing. Ken obviously gave them some kind of plans for a chip. That chip design doesn't have to be legitimate, it could be a bunch of random BS. eASIC then fabs the chip which never had any possibility of working and then whatever happens after that. The reason Ken doesn't show hashing chips is because the chips he got do not work and never were intended to work - only to get the eASIC press release to make things look legit. eASIC knows nothing of whether the chips could actually do cryptographic hashing. This is all a potential theory following CandadianGuy's reasoning.

Who exactly is forking over $6,000,000 with no proof of anything?