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Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 380. (Read 771301 times)

legendary
Activity: 1456
Merit: 1010
Ad maiora!
$933,592.80 Sale Today.  Looks like a good sale.

6 24.576 TH/s Fash-Hash One Platinum machines.

Hey Ken, I've never posted here before but I have been lurking since the last thread. I own a good amount of shares and have been buying from .0005-.004 (not to be to specific but something in the 5 digit range). That is a considerable amount of risk for me to take, not to mention the risk of btc in the first place. This kind of investing can be a little anxiety provoking. I would just like to say at this point I have placed my faith in you and I'm glad I did. I believe you are working very hard to make this company a reality. Don't listen to the jackass trolls on here. I appreciate your dedication to this projects success.  

Thanks.

++100
good work ken! now, please, get us on an exchange so we can take advantage of any price movement. Many here want to be ready to act if the share price rises, especially now since there has been such a dismal market lately. I know it is not only up to you alone to make this happen, but the sooner the better, bro!
sr. member
Activity: 476
Merit: 250
$933,592.80 Sale Today.  Looks like a good sale.

6 24.576 TH/s Fash-Hash One Platinum machines.

Hey Ken, I've never posted here before but I have been lurking since the last thread. I own a good amount of shares and have been buying from .0005-.004 (not to be to specific but something in the 5 digit range). That is a considerable amount of risk for me to take, not to mention the risk of btc in the first place. This kind of investing can be a little anxiety provoking. I would just like to say at this point I have placed my faith in you and I'm glad I did. I believe you are working very hard to make this company a reality. Don't listen to the jackass trolls on here. I appreciate your dedication to this projects success.  

Thanks.
newbie
Activity: 45
Merit: 0
Hi Ken,
How many percent of sales are transacted in BTC?
Since our dividend payout would be in BTC and the time gap between receiving order payment and realizing profit to payout could be 3 months,
price of bitcoin can double in 3 months and harm shareholders' dividend performance.
Would you consider ONLY accept BTC as the payment method?
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
kslaughter... eAsic doesnt do all the parts involved right? So these parts shouldnt be under NDA. So can you say something about the development of the miner, the hosting and more? Is everything ready yet?
hero member
Activity: 518
Merit: 500
Every man is guilty of all the good he did not do.
Ken should be able to give us the month he believes this order will ship out.

at ~$6.30/GH I'd venture to say December at the latest.

sr. member
Activity: 266
Merit: 250
He just took a million dollar order. Do you think he's going to tell us on here what date that million dollars worth of equipment is going to be shipped?

Security issues aside, it's between ACtM and the customer. We cannot be privy to specific order details.
sr. member
Activity: 378
Merit: 250
$933,592.80 Sale Today.  Looks like a good sale.

6 24.576 TH/s Fash-Hash One Platinum machines.

Great news,

What was the estimated delivery time of this?
sr. member
Activity: 280
Merit: 250
IIIIII====II====IIIIII
$933,592.80 Sale Today.  Looks like a good sale.

6 24.576 TH/s Fash-Hash One Platinum machines.

Superb. That is a serious order. If we are confident of getting this to the customer in good time then we should be looking good on the mining farm too. Good work Ken.
sr. member
Activity: 302
Merit: 250
A wild Ken appears

$933,592.80 Sale Today.  Looks like a good sale.

6 24.576 TH/s Fash-Hash One Platinum machines.

Looks good
hero member
Activity: 518
Merit: 500
Every man is guilty of all the good he did not do.
$933,592.80 Sale Today.  Looks like a good sale.

6 24.576 TH/s Fash-Hash One Platinum machines.

Great news,

What was the estimated delivery time of this?
sr. member
Activity: 476
Merit: 250
$933,592.80 Sale Today.  Looks like a good sale.

6 24.576 TH/s Fash-Hash One Platinum machines.
hero member
Activity: 630
Merit: 500
when ken spends time to delete posts and doesnt spend time to make a post then that reduces confidence and feeds trolls.
hero member
Activity: 658
Merit: 500
decentralize EVERYTHING...
Takes exactly five days for the "Question and No Answer" session to start up again…

Y'all are still barking questions that ain't gonna be answered. Just kick back and trust that it will all go to plan geez.
member
Activity: 72
Merit: 10
VMC Sales:

3rd Quarter 2013           $1,404,217

October 2013                   $520,898

Total Sales YTD             $1,925,115

Dunno if this was covered, but do any of these sales figures include internal sales, or sales to any VMC related companies (I'm not sure what entities remain from the confusion of the original structure).

Basically I just want to know if any of these sales were to ourselves, from money raised in the IPO (or mining).  I'm not sure how we're going to represent the gear we build for mining as opposed to that for external customer sales.

Now that's a great question I'd like to see answered too.
newbie
Activity: 11
Merit: 0
Actually my position on ActM is opposite what you think. That last line was sort of tounge in cheek.
I do believe ken has the funds (we gave it to him) and the ability to contract (easic)
I bought in at ipo thinking if this was a success that .01 per would be a nice exit. Even with everything going on lately I still think we can see .0055 again. People in here troll and fight but when it comes down to it money talks. Even if Ken himself isnt that sharp, as some in here like to imply, he should be able to hire people capable of getting it done.
newbie
Activity: 11
Merit: 0
How many chips are on a wafer? What should a wafer cost?
What supporting components do the chips need? How hard are they to get? What do they cost?
How hard is it to design something where all the parts play well together?
Do places exist where you can outsource the design and assembly of these supporting components?
Can we reasonably expect that Ken has both the funds and competency to place the calls and get this shit contracted?

I sort of worked how many chips would be need to gain 3% of the network. 3% of the network is my happy figure because it would bring in 0.0039 btc per share/year and on an open market the shares would be valued around 0.0025 - 0.006 if this was the case (And inside that margin exists my break even point)

To gain 3% of the network I assume we need 19,000 chips hashing at 16GH/s per chip. This results in 300TH/s which will for a short time be 3% of the network. If Ken can reinvest 50% and eASIC allows for a quick turnaround for new chips I see no reason 3% cannot be maintained.

What does everyone think about this?
newbie
Activity: 11
Merit: 0
We know that sometime after the ipo to raise the nre funds that the feds decended on the exchanges.
Ken has said that he needed to provide his info to ukyo and was under the impression that they were going to be sent to the SEC
Ken probably spoke to a lawyer
Any lawer worth a damn will tell their client to stfu immediately
I would like to think that this is why we have only been getting single sentance information from Ken.
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
I wonder what Ken is going to do when customers start bitching about a missed shipping deadline.. I bet he thinks "if BFL got away with it, I will too", and is already kickin back his feet without a care in the world. 

First of all every customer has their own deadline when they ordered. Not every customer is expecting their hardware in November.

Anyway I am sure Ken has everything under control.

Have you ever talked to him on the phone?  I have.. he sounds like a complete fucking moron who doesn't have a clue what he's doing.  Don't take my word for it though.. call him and find out for yourself. 

I dont know ken but how far goes the involvement of eAsic in there? Include it the creation of the miner, hosting and so on? If not ken should be able to speak about these parts since its not under NDA.
legendary
Activity: 1176
Merit: 1015
I wonder what Ken is going to do when customers start bitching about a missed shipping deadline.. I bet he thinks "if BFL got away with it, I will too", and is already kickin back his feet without a care in the world. 

First of all every customer has their own deadline when they ordered. Not every customer is expecting their hardware in November.

Anyway I am sure Ken has everything under control.
member
Activity: 76
Merit: 10
VMC Sales:

3rd Quarter 2013           $1,404,217

October 2013                   $520,898

Total Sales YTD             $1,925,115

Dunno if this was covered, but do any of these sales figures include internal sales, or sales to any VMC related companies (I'm not sure what entities remain from the confusion of the original structure).

Basically I just want to know if any of these sales were to ourselves, from money raised in the IPO (or mining).  I'm not sure how we're going to represent the gear we build for mining as opposed to that for external customer sales.
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