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Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 384. (Read 771301 times)

hero member
Activity: 518
Merit: 500
Every man is guilty of all the good he did not do.
Ken,

Just a suggestion. Previously, you had used BTCGuild for mining.
Recently switch to Eligius Pooled Mining. Did it in part just out of curiosity.

Discovered that Eligius pays out more than BTCGuild. Also, Eligius allows for the mining speed and income to be viewed publicly by anyone who knows the bitcoin address being used to mine.

http://eligius.st/~gateway/


Also, Luke and his crew does a very good job of maintaining the site.




Lorenzo Money


BTCGuild has 3% fees
Eligius has 0%

Ken could be merged mining NMC does he do this currently (Although it would be next to nothing right now)

Eligius is ran by Wizkid057 and they are always helpful and online at Freenode #Eligius
sr. member
Activity: 335
Merit: 250
Ken,

Just a suggestion. Previously, you had used BTCGuild for mining.
Recently switch to Eligius Pooled Mining. Did it in part just out of curiosity.

Discovered that Eligius pays out more than BTCGuild. Also, Eligius allows for the mining speed and income to be viewed publicly by anyone who knows the bitcoin address being used to mine.

http://eligius.st/~gateway/


Also, Luke and his crew does a very good job of maintaining the site.




Lorenzo Money
sr. member
Activity: 476
Merit: 250
I've read through most of this thread and forgive me if this question has already been answered..

Ken said that he would like the actM shares transferrd to amc-tender before the 14th

Is possibly to make more than 1 transfer to amc-tender using the same address and details as I've acquired more shares?

Cheers

A few people have asked this but no response as of yet.

Yes, you can make more that one transfer.
sr. member
Activity: 266
Merit: 250
Yes multiple tenders is taking the Mick there are way too many already don't double the guys workload.
hero member
Activity: 602
Merit: 500
myBitcoin.Garden
Awesome, thanks mate

Also, when Ken manually  transferred shares from btct.co (when it went down) to Bitfunder,  numerous people were continuing to buy up shares and sending Ken multiple tender requests from the same account.  It adds to Ken's workload so I'd keep it to a minimum if possible.
legendary
Activity: 1176
Merit: 1015
Any cool updates? I figure the first batch will give us 20TH/s, anyone think thats off?
member
Activity: 99
Merit: 10
legendary
Activity: 1025
Merit: 1000
I've read through most of this thread and forgive me if this question has already been answered..

Ken said that he would like the actM shares transferrd to amc-tender before the 14th

Is possibly to make more than 1 transfer to amc-tender using the same address and details as I've acquired more shares?

Cheers

A few people have asked this but no response as of yet.

I asked him a couple weeks ago, since I made two transfers. He said:

"Should not be a problem.

If your transfer shows to AMC-TENDER then it is fine.  Just keep a full screenshot(s) of the transfer(s) record(s) showing your bitfunder username.  That will be your proof of the transfer(s)."
member
Activity: 99
Merit: 10
Thanks mate,

Ken could you answer this question?

I know your busy and this is probably wasting your time a bit, but it would help more then one person out
legendary
Activity: 1176
Merit: 1015
I've read through most of this thread and forgive me if this question has already been answered..

Ken said that he would like the actM shares transferrd to amc-tender before the 14th

Is possibly to make more than 1 transfer to amc-tender using the same address and details as I've acquired more shares?

Cheers

A few people have asked this but no response as of yet.
member
Activity: 99
Merit: 10
I've read through most of this thread and forgive me if this question has already been answered..

Ken said that he would like the actM shares transferrd to amc-tender before the 14th

Is possibly to make more than 1 transfer to amc-tender using the same address and details as I've acquired more shares?

Cheers
sr. member
Activity: 242
Merit: 250
why hasn't the rest of shareholder didn't transfer/tender? there is still many.
sr. member
Activity: 378
Merit: 250
Good post. I would say we may already be hashing with the prototypes that has not been confirmed nor denied. Also our retail orders do not need to be shipped first. They will come off a 'different production line' and will likely be different products in some substantive ways. Finally difficulty rise may be lower than the sustained 30+% we have seen but who knows what or who is coming online in the future. We don't even know when WE come online Smiley
didn't Ken say we were adding up to 3 TH soon?
sr. member
Activity: 280
Merit: 250
IIIIII====II====IIIIII
Good post. I would say we may already be hashing with the prototypes that has not been confirmed nor denied. Also our retail orders do not need to be shipped first. They will come off a 'different production line' and will likely be different products in some substantive ways. Finally difficulty rise may be lower than the sustained 30+% we have seen but who knows what or who is coming online in the future. We don't even know when WE come online Smiley
hero member
Activity: 518
Merit: 500
Every man is guilty of all the good he did not do.
If we can get 10 of our 25TH/s machines up and running in the next few weeks we will have 5% of total hash. And we only need to expand that to 70 machines over the following 100 days to hold that 5% in the face of 30% ish difficulty rise every 2 weeks.

It doesn't seem all that outlandish.

We're still waiting on the Prototypes I believe so "new few weeks" would likely be too aggressive.

Ken's #1 priority will be shipping units first as well so we'd have to wait until all the orders were fulfilled. (Could you imagine if he posted here that he was mining and there were orders still waiting to be fulfilled by customers)

You cannot use a % increase like 30 indefinitely. The next difficulty increase is looking to be around ~6% right now.

Once the difficulty gets to 1,000,000,000 many more units would have to be shipped for 30% in two weeks to be met. I'm not saying this is impossible but realistically we're going to catch up to a point where the normal is 5-10% every two weeks, at this point is where Ken would likely catch up and be able to maintain a good hashrate.

The "Bat Cave" as it has been dubbed apparently can likely hold 50-100 of those ~25TH units. I don't think he will have a problem scaling assuming everything goes well.

Either way, we need to have at least (1) confirmed working eASIC/ActM Chip and then we can do much better speculation. Let's hope this comes by the end of this month like we're leading ourselves to believe.

sr. member
Activity: 280
Merit: 250
IIIIII====II====IIIIII
welcome back zumzero :p

lets just wait for 15 november! 5 moar days now.

edit: also i been promoting virtualminingcorp.com it seems its getting some good traffic according to alexa.com

ranking up pretty well: http://www.alexa.com/siteinfo/virtualminingcorp.com

people stay on average 3:30 minutes on the site.

Good work, love your signature.
sr. member
Activity: 280
Merit: 250
IIIIII====II====IIIIII
I just did, no one seemed interested enough to comment.


If we can get 10 of our 25TH/s machines up and running in the next few weeks we will have 5% of total hash. And we only need to expand that to 70 machines over the following 100 days to hold that 5% in the face of 30% ish difficulty rise every 2 weeks.

It doesn't seem all that outlandish.


member
Activity: 88
Merit: 10
I agree, let's be constructive here. Post some ideas or thoughtful questions. So sick of sifting through the bs on this thread.
hero member
Activity: 518
Merit: 500
Every man is guilty of all the good he did not do.


So that makes sense with BTC at $300? What about if it's at $500 next week?

wanna play the what-if game?  what if it is $60 next week?  what if electricity prices double?  what if Ken builds a spaceship and starts the 1st bitcoin server mine on the moon?  

What if you go away and don't come back. Do you think anyone will be bothered?

Come on man,

We all know this is "The Internet" but come on, let's show some respect for each other especially fellow shareholders.

This whole we might as well troll our own thread because it is going to get trolled anyways is boring, immature, and above all annoying.

There are actually quite a bit of people on this thread that really DO need help either because they are misunderstanding basic mechanics of bitcoin,
 
Are missing key parts of the prospectus,

Still don't understand where to go with their shares,

and it seems more and more pop up each day.

Let's make this thread somewhat friendly for those people because in the end of the day we're all in the same boat.

Don't be mistaken, even I was very frustrated with quite a few of you guys and how a lot of the posts had completely wrong information or math in them but it's important that we help these people understand their mistakes instead of chastise them.

There's only one individual that we should be happy or upset at and that is Ken Slaughter and don't forget this. Our resources should be spent on holding him accountable and not fighting amongst ourselves.
He still has a bit of time to make this company go in the right direction, we'll know much more by the end of this month if he was leading us on with this prototype or it is just another stall tactic.

Try your hardest guys to not quote this post just to cause more drama, I believe in you.
sr. member
Activity: 280
Merit: 250
IIIIII====II====IIIIII


So that makes sense with BTC at $300? What about if it's at $500 next week?

wanna play the what-if game?  what if it is $60 next week?  what if electricity prices double?  what if Ken builds a spaceship and starts the 1st bitcoin server mine on the moon?  

What if you go away and don't come back. Do you think anyone will be bothered?
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