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Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 366. (Read 771302 times)

sr. member
Activity: 448
Merit: 250
Quick question regarding shares - I was verified on bitfunder and the initial instruction was "if you can't get verified, transfer your shares by nov 13th" - but what is happening with verified shares?
legendary
Activity: 1176
Merit: 1015
I don't remember Ken saying that 20TH/s was happening. Ken does not post things like that anyway.

VE is probably getting confused with me, I keep whining about getting at least 24TH/s online.
sr. member
Activity: 448
Merit: 250
I think we already got the report, being the total sales for october. The detailed report he mentioned might be for another time.

how about a report on that promise of 20TH/S he seemed to pull out of his ass?
yeah.. that's what I thought..

It also looks like he deleted his own post which referred to the 20TH/S he was going to deliver.. he must think we all have amnesia

20Th/s? I must've missed that entirely. What are the details of said post?

Ken doesn't speak of details.  He was as vague as that. 
20TH/S were supposed to go online within 2 weeks, and that was more than 2 weeks ago..
It is very disturbing that he deleted that.. I hope you all realize that before he deletes this too

I know there are at LEAST a few shareholders who recall this.  Maybe it wasn't 20, but I can't remember the exact amount because Ken deleted his own post.. pathetic

This is what he said:

"London, UK – October 30, 2013 – Active Mining Corporation (AMC) today announced that they have added over 1TH+ to their hashing rate.  This additional hashing rate has been added from the 68 Klondikes and 1088 Avalon chips that were ordered last May 3rd, plus the addition of other hashing resources.  This brings ActiveMining's hashing resources to a total of ~1.4 TH/s.  Over the next few weeks ActiveMining expects to add up to an additional 3 TH/s to their mining operation. "

source: https://bitcointalksearch.org/topic/m.3445996
sr. member
Activity: 448
Merit: 250
I think we already got the report, being the total sales for october. The detailed report he mentioned might be for another time.

how about a report on that promise of 20TH/S he seemed to pull out of his ass?
yeah.. that's what I thought..

It also looks like he deleted his own post which referred to the 20TH/S he was going to deliver.. he must think we all have amnesia

20Th/s? I must've missed that entirely. What are the details of said post?

Ken doesn't speak of details.  He was as vague as that. 
20TH/S were supposed to go online within 2 weeks, and that was more than 2 weeks ago..
It is very disturbing that he deleted that.. I hope you all realize that before he deletes this too

I know there are at LEAST a few shareholders who recall this.  Maybe it wasn't 20, but I can't remember the exact amount because Ken deleted his own post.. pathetic

This is what he said:

"London, UK – October 30, 2013 – Active Mining Corporation (AMC) today announced that they have added over 1TH+ to their hashing rate.  This additional hashing rate has been added from the 68 Klondikes and 1088 Avalon chips that were ordered last May 3rd, plus the addition of other hashing resources.  This brings ActiveMining's hashing resources to a total of ~1.4 TH/s.  Over the next few weeks ActiveMining expects to add up to an additional 3 TH/s to their mining operation. "
legendary
Activity: 1176
Merit: 1015
Selling 18.500 shares for 60Btc.

Your price is way better than mine, maybe we should put together a google docs?

|who|amount|price|price per share
LorenzoMoney169,00010140.006
drawingthesun114,4255000.004369
eikzbtc18,500600.003243
newbie
Activity: 100
Merit: 0
Selling 18.500 shares for 60Btc.
sr. member
Activity: 378
Merit: 250
With all this talk about a blacklist, do you guys see a future where "clean" Bitcoin are more valuable and therefore mining hardware becomes more popular because mining is the only way to get "clean" Bitcoin (no previous outputs)?? Do you think this should be advertised by mining companies?
The community is up in arms about this blacklist bullshit and I do not see it ever having a significant impact because the vast majority will ignore it.
The masses won't if it means not being able to use Amazon.
hero member
Activity: 487
Merit: 500
Are You Shpongled?
With all this talk about a blacklist, do you guys see a future where "clean" Bitcoin are more valuable and therefore mining hardware becomes more popular because mining is the only way to get "clean" Bitcoin (no previous outputs)?? Do you think this should be advertised by mining companies?
The community is up in arms about this blacklist bullshit and I do not see it ever having a significant impact because the vast majority will ignore it.
legendary
Activity: 1176
Merit: 1015
With all this talk about a blacklist, do you guys see a future where "clean" Bitcoin are more valuable and therefore mining hardware becomes more popular because mining is the only way to get "clean" Bitcoin (no previous outputs)?? Do you think this should be advertised by mining companies?

The idea of blacklists infuriates me. This is not so much because people are doing it, that will happen, but instead because it seems the foundation and a few core developers are behind the idea.

Remember that mined coins could be added to such a blacklist. The government might require all mined coins to go to an identified address (with Kens name on for example) and thus become clean, anyone mining coins and not submitting to the identification requirements will automatically be blacklisted.

So no, mining companies will not be a solution to the blacklist.
full member
Activity: 221
Merit: 100
With all this talk about a blacklist, do you guys see a future where "clean" Bitcoin are more valuable and therefore mining hardware becomes more popular because mining is the only way to get "clean" Bitcoin (no previous outputs)?? Do you think this should be advertised by mining companies?
legendary
Activity: 1176
Merit: 1015
so buying your share is gambling??

I guess so, if Ken delivers the miners and we gain 2%-4% of the network the share price should reach an all time high, far higher than my price. If Ken fails then the shares are worth 0. In this respect all shares are a gamble.

Its actually really hard to be a true "investor" even in the real stock market. So many companies are tight lipped about their direction and future performance that it almost becomes a gamble. Look at Apple investors at the ATH they had for example.
hero member
Activity: 843
Merit: 1001
so buying your share is gambling??
legendary
Activity: 1176
Merit: 1015
when the BF shut down ,the share price is 0.0006. and now you guys made a sell at 0.004~~0.006,and i miss something?Huh??

The last trades on BF were 0.0015

My ask price is very expensive if ActiveMining does not hash, and if we do hash and gain 2%-5% of the network then my price is actually cheap.

If we get on an exchange before we are hashing then you can probably buy shares around 0.0005 and 0.002. However if we are hashing before we get on an exchange its likely my price will be quite low in comparison.

It all depends on one thing: will Ken deliver and gets us hashing? If you don't beleive we will you should've sold a long time ago.
sr. member
Activity: 392
Merit: 250
when the BF shut down ,the share price is 0.0006. and now you guys made a sell at 0.004~~0.006,and i miss something?Huh??

The sale was never made, it was a pathetic attempt to pump the value.  
"I refuse to part with my toaster for less than 50BTC"
hero member
Activity: 843
Merit: 1001
when the BF shut down ,the share price is 0.0006. and now you guys made a sell at 0.004~~0.006,and i miss something?Huh??
sr. member
Activity: 392
Merit: 250
Quick question, so we have paid $674 under "Cost of Goods Sold" > "Freight and shipping costs". Does that mean we started shipping some product or are these other shipping expenses?

That would be the cost of shipping IN the tower cases and whatever else needed for the building.. Obviously no customers have received anything yet, as we are still waiting for overdue sample chips
sr. member
Activity: 302
Merit: 250

Thank you for these - some revealing info here, which looks mostly positive so far
sr. member
Activity: 378
Merit: 250
Quick question, so we have paid $674 under "Cost of Goods Sold" > "Freight and shipping costs". Does that mean we started shipping some product or are these other shipping expenses?
sr. member
Activity: 245
Merit: 250
Ridiculous compared to the price we left btct at and what bitfunder was before that and after, yeah. But not for them obviously. Also, that's a lot of shares that likely wouldn't end up on an exchange at a low price anyways, they'd just hold it.

e: I suppose if it's nothing more than play money for them, then 3 times the BTC wouldn't matter.
sr. member
Activity: 392
Merit: 250
Oh, your basing the share price on their outrageous asking prices.  LOL
I can do that too.. my 50,000 shares I have left are for sale for 10,000BTC!!!!
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