[ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 378.

Flashman

hero member

Activity: 518

Merit: 500

Hodl!

Quote from: zumzero on November 13, 2013, 06:07:34 AM

Are there any other companies out there that can can provide over 147 TH/s that can be transported in a transit van and not take three articulated lorries?

Transatlantic translation.

"Are there any other companies out there that can can provide over 147 TH/s that can be transported in a U-haul and not take three semi trailers?"

Middle African translation.

"Are there any other companies out there that can can provide over 147 TH/s that can be transported in a Toyota, leaving room for on top for 12 passengers, their luggage and 3 goats, and not take three Toyotas, piled high, leaving the passengers and goats to walk and Ibuto's grandmother to carry the luggage?"

Sou

full member

Activity: 210

Merit: 100

(Bitcoin related text here)

Double plot twist: It was Labcoin making the purchase. Shocked

drawingthesun

legendary

Activity: 1176

Merit: 1015

By the way, if Ken had just one 24TH/s miner running we would be in the top 5 rankings for team and user on btcguild, that in itself would be insanely good marketing for this company. So I believe the first 24TH/s miner should be pointed at our btcguild account to raise awareness.

EDIT: and according to http://dustcoin.com/ just one 24TH/s miner can pull in about 20 bitcoin per day. Thats a dividend of 1400 Satoshi per share.

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: minerpart on November 13, 2013, 06:29:08 AM

If someone has made a million dollar order they will know exactly when they will get delivery. This isn't some kid ordering a 1k machine on his dads credit card.

Except the site says in November, is this really going to happen?

I hope it does, we seriously need to start moving orders and hashing.

minerpart

sr. member

Activity: 280

Merit: 250

IIIIII====II====IIIIII

If someone has made a million dollar order they will know exactly when they will get delivery. This isn't some kid ordering a 1k machine on his dads credit card.

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: kleeck on November 13, 2013, 06:25:53 AM

I agree that customers should not be mislead, if that is happening, but what do you think increased the hashrate? Ken has at least one prototype and we have evidence of that now. They exist.

True we do have a prototype (probably) but its not a 24TH/s beast. I think the mining income from the extra hash power represents between 1TH/s and 2TH/s at most.

I would have expected our own hashpower to be 100TH/s before we started to send out these miners. But either way if we can get several million dollars from shipped hardware that would be good too.

I just want 3% of the network, I have worked out that is my breakeven point and I hope Ken can get us there.

kleeck

hero member

Activity: 532

Merit: 500

https://karatcoin.co

Quote from: drawingthesun on November 13, 2013, 06:19:58 AM

Quote from: zumzero on November 13, 2013, 06:07:34 AM

To make a dent in todays hash rate you need the really big numbers. Now if you or some company or group wanted to invest $1,000,000 into bitcoin mining machines, who would you buy from?

Are there any other companies out there that can can provide over 147 TH/s that can be transported in a transit van and not take three articulated lorries?

Oh I agree, but so far we don't even have one of these machines in existence...

I agree that customers should not be mislead, if that is happening, but what do you think increased the hashrate? Ken has at least one prototype and we have evidence of that now. They exist.

drawingthesun

legendary

Activity: 1176

Merit: 1015

Quote from: zumzero on November 13, 2013, 06:07:34 AM

To make a dent in todays hash rate you need the really big numbers. Now if you or some company or group wanted to invest $1,000,000 into bitcoin mining machines, who would you buy from?

Are there any other companies out there that can can provide over 147 TH/s that can be transported in a transit van and not take three articulated lorries?

Oh I agree, but so far we don't even have one of these machines in existence and the website says that the miners will be sent out after payment. We don't want to start damaging our brand.

zumzero

hero member

Activity: 602

Merit: 500

myBitcoin.Garden

Quote from: drawingthesun on November 13, 2013, 04:17:41 AM

Also the store says that the orders will be shipping as soon as payment received. Ken this is deceptive.

Are we even able to ship one miner before the end of November?

To make a dent in todays hash rate you need the really big numbers. Now if you or some company or group wanted to invest $1,000,000 into bitcoin mining machines, who would you buy from?

Are there any other companies out there that can can provide over 147 TH/s that can be transported in a transit van and not take three articulated lorries?

drawingthesun

legendary

Activity: 1176

Merit: 1015

Also the store says that the orders will be shipping as soon as payment received. Ken this is deceptive.

Are we even able to ship one miner before the end of November?

Puppet

legendary

Activity: 980

Merit: 1040

Quote from: funkymunky on November 13, 2013, 03:39:44 AM

I checked the price too on the VMC site, before seeing your post as I thought this might be the case.
But yes the quoted price is market price not cost price.
Therefore; I'm sure it isn't for "our" own use and seems it is for a legitimate buyer.

Unless this is confirmed by Ken to be otherwise (ie, paid in full, BTC or otherwise), Im going to assume this is a fake order. Cant imagine spending $1M and paying list price.

FWIW, to see accepted payment options and delivery cost, the only way I found is entering a 'fake' order, so you can already deduce my $996 order from the November revenue, because I have no intention of paying for it.

drawingthesun

legendary

Activity: 1176

Merit: 1015

I am sure Ken is not selling himself miners. If he was any profits would have to be taxed meaning we would simply be sending money to the tax office for no reason.

funkymunky

sr. member

Activity: 283

Merit: 250

Quote from: Matt_S on November 12, 2013, 11:52:27 PM

Quote from: 4ju5tice on November 12, 2013, 11:05:50 PM

Quote from: kleeck on November 12, 2013, 09:02:06 PM

Quote from: Ozymandias on November 12, 2013, 07:58:17 PM

A million dollar order Shocked

not bad for a day's work!

Twist: The $1M order was Ken's order for the ActM mining operation.

That's exactly I thought.

The exact figure he posted is what the price on the website is for 6x Platinum machines. We would pay cost price wouldn't we?

I checked the price too on the VMC site, before seeing your post as I thought this might be the case.
But yes the quoted price is market price not cost price.
Therefore; I'm sure it isn't for "our" own use and seems it is for a legitimate buyer.

wonker

member

Activity: 103

Merit: 10

Quote from: 4ju5tice on November 13, 2013, 01:17:23 AM

Quote from: Matt_S on November 12, 2013, 11:52:27 PM

Quote from: 4ju5tice on November 12, 2013, 11:05:50 PM

Quote from: kleeck on November 12, 2013, 09:02:06 PM

Quote from: Ozymandias on November 12, 2013, 07:58:17 PM

A million dollar order Shocked

not bad for a day's work!

Twist: The $1M order was Ken's order for the ActM mining operation.

That's exactly I thought.

The exact figure he posted is what the price on the website is for 6x Platinum machines. We would pay cost price wouldn't we?

Who would get the profits Matt S?

there is no profit on cost prices. we only pay the manufacturing expenses.

4ju5tice

member

Activity: 111

Merit: 10

Quote from: Matt_S on November 12, 2013, 11:52:27 PM

Quote from: 4ju5tice on November 12, 2013, 11:05:50 PM

Quote from: kleeck on November 12, 2013, 09:02:06 PM

Quote from: Ozymandias on November 12, 2013, 07:58:17 PM

A million dollar order Shocked

not bad for a day's work!

Twist: The $1M order was Ken's order for the ActM mining operation.

That's exactly I thought.

The exact figure he posted is what the price on the website is for 6x Platinum machines. We would pay cost price wouldn't we?

Who would get the profits Matt S?

knybe

hero member

Activity: 658

Merit: 500

decentralize EVERYTHING...

Quote from: hobbymd on November 13, 2013, 12:25:59 AM

Quote from: canth on November 12, 2013, 08:48:54 PM

Quote from: SebastianJu on November 12, 2013, 07:42:20 PM

kslaugther... why is the deadline for sending the shares to amc-tender tomorrow when we have another half month time with bitfunder? I wante do buy some more shares. So what happens if i miss the date to move my shares to amc-tender?

Also, there are approximately 470 addresses with ActM shares. What happens to those that didn't transfer their shares to AMC-TENDER?

could someone please confirm the deadline for share transfer is 14th of November? I can't find the post that had this info in it.

[ActiveMining] The Official Active Mining Announcement Thread [Self-Moderated]

hobbymd

sr. member

Activity: 259

Merit: 250

Quote from: canth on November 12, 2013, 08:48:54 PM

Quote from: SebastianJu on November 12, 2013, 07:42:20 PM

kslaugther... why is the deadline for sending the shares to amc-tender tomorrow when we have another half month time with bitfunder? I wante do buy some more shares. So what happens if i miss the date to move my shares to amc-tender?

Also, there are approximately 470 addresses with ActM shares. What happens to those that didn't transfer their shares to AMC-TENDER?

could someone please confirm the deadline for share transfer is 14th of November? I can't find the post that had this info in it.

Matt_S

newbie

Activity: 35

Merit: 0

Quote from: 4ju5tice on November 12, 2013, 11:05:50 PM

Quote from: kleeck on November 12, 2013, 09:02:06 PM

Quote from: Ozymandias on November 12, 2013, 07:58:17 PM

A million dollar order Shocked

not bad for a day's work!

Twist: The $1M order was Ken's order for the ActM mining operation.

That's exactly I thought.

The exact figure he posted is what the price on the website is for 6x Platinum machines. We would pay cost price wouldn't we?

4ju5tice

member

Activity: 111

Merit: 10

Quote from: kleeck on November 12, 2013, 09:02:06 PM

Quote from: Ozymandias on November 12, 2013, 07:58:17 PM

A million dollar order Shocked

not bad for a day's work!

Twist: The $1M order was Ken's order for the ActM mining operation.

That's exactly what I thought.

edit: added 'what'

drawingthesun

legendary

Activity: 1176

Merit: 1015

VE, go away you troll.

Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 378. (Read 771542 times)