[ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 212.

zumzero

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Quote from: ?? on ??

Quote from: Stuartuk on December 23, 2013, 11:20:06 AM

Quote from: reloaded on December 23, 2013, 11:13:33 AM

You are mistaken. Though Active Mining has no working silicon, the projected power efficiency is substantially lower than Bitfury (previous gen tech) and all of the current 28nm chips.

That's complete BS. You don't know the details.

Who are you anyway? You registered 3days ago and have only posted in ACtM thread. Are you Crumbs? Iceman? Pankkake? You freak.

Actually it's is fundamental engineering.

An FPGA hardcopy will always be less power efficient than custom silicon. Based on actual, real hardware in the field, any easic hardware will consume > KNC's 1.3 W/Gh/s.

FPGAs are obsolete in the world of custom silicon.

So what was your old name? Is that you VBS?

Jesus, you are trying to compare BMW to AUDI! Or even better, VOLKSWAGEN TO SKODA.

They all are very much of a muchness and all sell rather well. Similar specs, similar prices, similar profit.

This blinkered view of the industry does not allow for healthy competition. Who knows what these companies will be producing in 18 months, and who knows which of them will survive. This industry is set to continue indefinitely and for those who think that the fight has already been won or lost, they'd do well to open their eyes.

reloaded

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Quote from: Stuartuk on December 23, 2013, 11:20:06 AM

Quote from: reloaded on December 23, 2013, 11:13:33 AM

You are mistaken. Though Active Mining has no working silicon, the projected power efficiency is substantially lower than Bitfury (previous gen tech) and all of the current 28nm chips.

That's complete BS. You don't know the details.

Who are you anyway? You registered 3days ago and have only posted in ACtM thread. Are you Crumbs? Iceman? Pankkake? You freak.

If you feel that understanding of silicon design basics is related to activity on this forum, I'm afraid you are mistaken. Your beligerance won't change this.

Stuartuk

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Quote from: reloaded on December 23, 2013, 11:13:33 AM

You are mistaken. Though Active Mining has no working silicon, the projected power efficiency is substantially lower than Bitfury (previous gen tech) and all of the current 28nm chips.

That's complete BS. You don't know the details.

Who are you anyway? You registered 3days ago and have only posted in ACtM thread. Are you Crumbs? Iceman? Pankkake? You freak.

Stuartuk

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Activity: 266

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Quote from: ?? on ??

These are the final days of the ~~gold rush~~ pre-CryptoTrade re-float so I had better Troll like a boss to make sure there are some shit-scared sellers in the market and I can buy a shit-load of shares for next to nothing.

Fixed that for you.

reloaded

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Quote from: zumzero on December 23, 2013, 11:07:06 AM

[...]
Entropy's use of the word obsolete made his sentence meaningless. He was merely trying to have a dig by suggesting there are 'bigger' chips out there, but in reality our eAsic chips are among the leaders in terms of energy efficiency and price per GH.

You are mistaken. Though Active Mining has no working silicon, the projected power efficiency is substantially lower than Bitfury (previous gen tech) and all of the current 28nm chips.

zumzero

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myBitcoin.Garden

Quote from: JimmyJazz on December 23, 2013, 10:31:56 AM

am I completely missing something or are 24TH machines not one of the best products on the markets. (Yes I know not yet, but MAYBE soon)
Surely these machines still have a lot of time before becoming obsolete?

It's important to understand that the ActM hardware is modular. One of the fair criticisms we hear from people is that it's just a marketing gimmick as a top of the range 24TH miner isn't just your standard PC case full of goodies, it's a big server rack of hardware which requires a decent amount of space, and presumably management. Ultimately it boils down to how much bang you get for your buck and what fits your budget, and how it compares to the competition.

Entropy's use of the word obsolete made his sentence meaningless. He was merely trying to have a dig by suggesting there are 'bigger' chips out there, but in reality our eAsic chips are among the leaders in terms of energy efficiency and price per GH.

Edit: Entropy's post above accepts the fact that ActM's business model works provided we get to market first, making mention of the fact that against our competitors we haven't done so. That's a little strange given the fact that in his list of competitors, only one of seven have delivered 28nm hardware. Go figure.

zumzero

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Quote from: ?? on ??

Quote from: zumzero on December 23, 2013, 10:12:16 AM

As if right on cue..... hehe

Listen pal, as your previous attempts to pick flaws in the business model have been blown apart on numerous occasions it comes as no surprise that you no longer challenge on that front.

So what is one to do?

I know, let's blubber on about the wrath of the SEC.

My prediction: Within 10 working days of the SEC getting a conviction of Trendon Shavers, Ken will be paying out ever increasing dividends to manipulators like Entropy. You must really hate my posts, eh?

Did Ken tell you not to quote me so that my posts completely disappear when he mods the thread?

I must have missed the part where you explained the astounding business model here.

Are you still working off VBS's fantasy worksheet? The imaginary mine must be running around 5 Ph/s in your world right?

Bottom line here is simple. Ken is incapable of delivering working miners. Ken has missed the window of time when actually delivering obsolete easic devices would have mattered. The fools that actually paid him for miners have been collecting torches and pitchforks on other threads, demanding refunds.

And I will never see a satoshi out of Ken's hands because I wouldn't touch this scam with a ten foot pole.

No he didn't, I try not to quote trolls out of respect for those who have them on ignore.

Very lame comment on the business model buddy.

I'll be the first to admit Vbs's figures gave me a hard on but those spreadsheets, which were updated regularly were only ever best case scenarios and it would have been naive to think otherwise. When the Advisory Board was disbanded it was announced the spreadsheets were no longer to be updated. That was in the very early days. As it transpired the Avalons never made it, through no fault of Kens, and one thing to this day holds true. Vbs made mention of the potential gains through hardware sales. Time will certainly tell and whilst we can't rule out the possibilty of enormous profits there, one is simply wrong to state otherwise before the event.

Top line is Ken has already delivered and you know it. Delivering obsolete hardware at any time is missing the window. Let the miners decide what is obsolete, and when. Calling all customers fools says more about you than anyone else.

For someone set to make zero from this company you have an unhealthy attraction to it.

JimmyJazz

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am I completely missing something or are 24TH machines not one of the best products on the markets. (Yes I know not yet, but MAYBE soon)
Surely these machines still have a lot of time before becoming obsolete?

zumzero

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myBitcoin.Garden

As if right on cue..... hehe

Listen pal, as your previous attempts to pick flaws in the business model have been blown apart on numerous occasions it comes as no surprise that you no longer challenge on that front.

So what is one to do?

I know, let's blabber on about the wrath of the SEC.

My prediction: Within 10 working days of the SEC getting a conviction of Trendon Shavers, Ken will be paying out ever increasing dividends to manipulators like Entropy. You must really hate my posts, eh?

zumzero

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myBitcoin.Garden

I can't argue against your logic as it's sound. My gamble was to go with the recommendation of someone who is meticulous in their research who made no guarantee that the AMC operation was legit. If they had recommended Labcoin and had been duped, I'd have gambled and lost.

As I think you're saying, a blind guess may or may not work and is no substitute for 'due dilligence', however in the Wild West that is Bitcoin securities, everything becomes a possibility.

reloaded

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Quote from: zumzero on December 23, 2013, 08:16:09 AM

[...]
Just goes to show you that it's all just a massive gamble and no amount of research and 'due diligence' will guarantee success.
[...]

Investing is not the same thing as gambling, and those who don't know this tend to end up broke. Don't delude yourself into thinking that lack of guaranteed success means your blind guess is as good as any other. It's not.

zumzero

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@Eboab. Totally barking mate. The only due diligence I did was ask someone for a tip. Gimme an extremely high risk enterprise, so risky that it could well be a scam. I want to invest a small amount of money and if it pays off, I want an unimaginable return. "Why not try AMC? If it's legit it could do very well indeed." Fuck it that will do, so how do I get these bitcoins then? Turns out I got pissed and bought way more than I should have, lol!

Just goes to show you that it's all just a massive gamble and no amount of research and 'due diligence' will guarantee success. And that's what bothers you, doesn't it? You're outraged that amateurs like me can come in and just roll the dice. No intelligence, no research, no thought whatsoever, just a bit of good old fashioned luck and an almost guaranteed lottery win. There's nothing you can say that will stop me grinning from ear to ear all the way to my helipad so go jump into a uniform and find some other poor unfortunates to bother. Kiss

JoTheKhan

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@Eskimo please point me to the bullshit I have invented on this thread. I have done no speculation on the share price, no estimation for how much of the global hashrate we will (probably not) have. I have done no guesstimates on when our shares will go live, I have only, looked for input from others, asked questions, and answered the questions I knew the answer too. Stop dreaming up shit.

abuelau

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www.coinschedule.com

EskimoBob

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Quote from: zumzero on December 23, 2013, 06:01:31 AM

Are you the same fuckwit that posted on the labcoin thread words to the effect, "I bet I could post again in 100 pages and nothing will have changed.", then posted 100 pages later to mouth off, "Nothings changed, I posted 100 pages ago to say nothing would change 100 pages from now. Get a life you sad fucks". Huh

The reality is some people here could make hundreds, even thousands of bitcoins from ActM and its the general consensus in Bitcoin Land that those numbers of coin will one day be worth millions. Thats why I see nothing wrong with people spending every waking hour monitoring their investments. While I'd agree that most of the content in this thread is useless, every now and then something valuable shows up. So stop being a party pooper and let people have their fun please. Or if it upsets you that much apply for a mod position. Or even better, just bring something useful to the party rather than criticising everything and everyone, Mr. 1893 posts!

Forget the $2000 Bitcoin party, I can't wait for the Eskimo Bob 2000th post party. Grin

Quote from: JoTheKhan on December 23, 2013, 06:15:25 AM

@Eskimo this isn't some forum about some shitty game my friend. When you invest in something you do the due diligence. Even if you don't want to you should keep your ear to the ground and try and be the first to know anything that could possibly effect your status with the company and your shares' value. If that means visiting a thread for a couple hours each day when you have the time then you should very well do that. Saying someone has no life because they do this is very childish, it shows you do not have your priorities in order, and someone who doesn't have his priorities in order shouldn't judge another person's decisions.

Right... so you keep inventing bs, posting it here and then reading it back with comments from other clueless dimwitted trolls... and you call it "due diligence" and "monitoring your investment".

Are you two completely mad? LOL...

JoTheKhan

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@Eskimo this isn't some forum about some shitty game my friend. When you invest in something you do the due diligence. Even if you don't want to you should keep your ear to the ground and try and be the first to know anything that could possibly effect your status with the company and your shares' value. If that means visiting a thread for a couple hours each day when you have the time then you should very well do that. Saying someone has no life because they do this is very childish, it shows you do not have your priorities in order, and someone who doesn't have his priorities in order shouldn't judge another person's decisions.

zumzero

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myBitcoin.Garden

Are you the same fuckwit that posted on the labcoin thread words to the effect, "I bet I could post again in 100 pages and nothing will have changed.", then posted 100 pages later to mouth off, "Nothings changed, I posted 100 pages ago to say nothing would change 100 pages from now. Get a life you sad fucks". Huh

The reality is some people here could make hundreds, even thousands of bitcoins from ActM and its the general consensus in Bitcoin Land that those numbers of coin will one day be worth millions. Thats why I see nothing wrong with people spending every waking hour monitoring their investments. While I'd agree that most of the content in this thread is useless, every now and then something valuable shows up. So stop being a party pooper and let people have their fun please. Or if it upsets you that much apply for a mod position. Or even better, just bring something useful to the party rather than criticising everything and everyone, Mr. 1893 posts!

Forget the $2000 Bitcoin party, I can't wait for the Eskimo Bob 2000th post party. Grin

EskimoBob

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Yawn.. do any of you fuckwits have a life?
You know, something useful to do in the real world... Obviously you can not come up with anything on your won so let me recommend something for you: "Clean your room!" , "Do your laundry!" and then go and help that old lady cross the street.

Typing this bull shit you guys write here, page after page, is borderline lunacy. No, actually It's just embarrassing!

None of you have any more information than the next guy. You keep writing your bull shit and thinking, if you read it back form your screen, it becomes the truth. No, it will not.

Sadly, none of us have ANY fkn idea what is actually happening and yes, Kens inability to communicate is astounding.

Thank you and please, STFU!

PS! Ken, we are still waiting for those financial reports.
A balance sheet with "Shareholders Equity" will be a nice start.
https://bitcointalksearch.org/topic/m.3999505

bryan567

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Quote from: zumzero on December 23, 2013, 01:18:43 AM

Our backdated divs?

HA!! made me chuckle, thanks. Wouldn't that be nice.

Anyone have any info on this "Canadianguy" who claims to have a vmc miner on this thread: https://bitcointalk.org/index.php?topic=206488.260 ? Is he lying? This would be huge if we could confirm that miners are being shipped. Any insight on this?

zumzero

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Our backdated divs?

Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 212. (Read 771288 times)