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Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 426. (Read 771288 times)

hero member
Activity: 887
Merit: 1000
Can someone tell me how google 2fa auth works.  I need to enable in bitfunder to transfer. Do I need some third party software? I don't want to somehow lock myself from my account.  Thanks for reading newbie ques.

newbie
Activity: 41
Merit: 0
Important Notice (October 23th, 2013):

Please be advised that ActiveMining is implementing the following rules and procedures for Investors wanting to keep their shares:

Investors who fail for any reason to provide the information necessary to obtain "Verified" status on Bitfunder are encouraged to transfer their shares on BitFunder to the Bitfunder user AMC-TENDER no later than November 6, 2013 before dividends are paid.  All Investors transferring their shares to this account will continue to accumulated dividends on their shares. 

The October 30th dividends will be suspended and accumulated for payment on November 6, 2013. 

Are people doing this? I don't see a massive (>1M) holder on the asset list that would represent user AMC-TENDER.  I assume this would cause the shares to be treated as direct - is there any estimate for how long they would be treated this way?
hero member
Activity: 602
Merit: 500
myBitcoin.Garden

Might be a UK company, but the grammar is not native.....  http://www.nitrominer.com/us

Just what I was thinking....

Not convinced of their Great Britishness.  Eastern Asia?



The ATT NITRO LTD is young company established in United Kingdom, engaged in the development and production of bitcoin miners, which are designed for mining of virtual currency – Bitcoin.We decided to change market of bitcoin miners, which are expensive and tardy delivered. For this reason we made a decision, that we want to develop miners, which will be affordable and with the shortest possible delivery times.

To meet the price policy, we need to minimalize an expanditures as it possible, also we had left traditional company structure. We conducting our bussiness in several countries of Central & Eastern Europe and our supporterts are from China and other countries of Eastern Asia. We are operating under EU directives and treaties and also law of the countries, where we conduct a bussiness.

Company structure allows us to set prices, terms and conditions as stated. And we are able to comply them.


legendary
Activity: 1554
Merit: 1000
sr. member
Activity: 335
Merit: 250
legendary
Activity: 1176
Merit: 1015
Because of this, that was deleted too:
Quote
Isn't it just happening because of the way of "transferring" shares to Cryptostocks?

kSLAUGHTER moved from being incompetent to being a scammer.

Hey Ken. Why don't you price the cryptostock shares to a several day average of the bitfunder price?

So if the average for the last 3 days was 0.0006 update the cryptostocks price to match, and in another 3 days do the same again.

This will stop you from profiting off people that want to move their shares of Bitfunder and then people will stop calling you a scammer.
legendary
Activity: 1176
Merit: 1015
It seems that the lunatic who tried to game the prices by buying @.001 got back on his medication & immediately put in a sell order @.0009.

Crumbs, how could someone game the price? I am genuinely curious. If there are ~600,000 shares for 0.001 BTC that would mean manipulation is impossible until the giant sell wall is gone.
legendary
Activity: 1176
Merit: 1015
I have a question, if Ken or someone with the answer could please reply I would be very happy!

Does Ken pay for the first batch after the prototypes are delivered? Or is everything paid for and Ken just has to say yes after the prototypes are received to get the production going?
sr. member
Activity: 266
Merit: 250
RE- iggy rules

Sarcastic use of the term is an exception!  Wink
hero member
Activity: 602
Merit: 500
myBitcoin.Garden
continue to twist, delude, skew, etc.  if it makes you feel good, why not?  how many EXACTLY does ACtM have "working on it very hard" other than Ken?  do we have any video?  do we have a production line?  do we have ________________ (anything?)

wow you guys must really have a lot invested to continue to act like ACtM has its shit together and everyone is just shit.  how many pages of posts does ACtM have about how it's products are working/not working?  what will ACtM's hardware/software forum be like in 2 weeks time?  continue to bash other companies that are providing actual products, continue to skew the facts and words of others, and continue to be blind to your amazing double standards.  guess yall should have diversified your investment(s) so you wouldnt be so desperate to NEED ACtM to live up to all expectations.  as an 8-share ACtM holder, i am now actually invested in seeing ACtM do well.  so i hope they do, just not as much as yall hope they do.

oh and i quote myself cause yall arent getting it the 1st, 2nd, 3rd, 4th, etc time.  i still am optimistic that yall will see reason.

disclaimers:
you know what someone without anything real to say does?  they point out half truths and twist others words and try to pass them on as truth.

EDIT - removed 1 '

Stop your lies.  No-one said ActM 'has it's shit together' and no-one is implying that.  The point being made here is that we should do everything we can to ensure we 'do get our shit together', and that includes learning from other companies mistakes.

Boy, you do have a way with the American English language, yall.   Grin

sr. member
Activity: 266
Merit: 250
Sorry but anyone who uses the term 'yall' is instantly going on my iggy list. We have to keep to certain standards. Bye fintoff.
hero member
Activity: 602
Merit: 500
myBitcoin.Garden
sr. member
Activity: 266
Merit: 250
Thats a very observant point actually. There is a new BFL vid up on their site that shows their operation. Its a bit of a joke, people are being moved around in the background to make it look like they have lots of staff.

I counted carefully, 7 in the office on PCs answering complaints on email, 6 staff at assembly benches and 7 staff in dispatch. Now 4 of the dispatch staff are obviously girlfriends roped in for the day and given BFL T-shirts to put on. The two guys you see are the real dispatch team. So all in all 15 staff with close to 50% of them either responding to complaints - or surfing the web checking their email! THAT is a major drain on resources. And 6 staff on assembly?! Not exactly a conveyorbelt of production.
hero member
Activity: 602
Merit: 500
myBitcoin.Garden
Also, if Ken and team have to spend valuable time fixing hundreds of unhappy customers complaints that impacts on future business.

Think of the KnC resources being used to sort out all these issues.  The first 40 customer hardware issues on the KnC forum are dated no earlier than yesterday.

If this keeps up imagine what it'll be like in two weeks time.

Christ, we should be popping the champers!


EDIT:  I have just realised that I was only reading the HARDWARE section of KnC's website.  Have a read in the SOFTWARE section for more of the same.  It's a bloodbath.
sr. member
Activity: 280
Merit: 250
IIIIII====II====IIIIII
A lot of the posters on here lately are obsessed with share price. They want us to ship anything - working and tested or not - just so the share price goes up and they can feel better/sell.

But you hit the nail on the head zero, we are in this for the long haul, so is Ken, and we need to build a reputation for good products from the off. If that means shipping two weeks later that is the best thing for the customers, the company and the long term share price growth. Too many 'get rich quick' investors on here.
sr. member
Activity: 280
Merit: 250
IIIIII====II====IIIIII
hero member
Activity: 602
Merit: 500
myBitcoin.Garden
Neither of you seem to understand the complex possibilities of new innovative technology.

There has been a sudden upsurge in fault reports, this is not 'normal'. They are not all firmware related. Posters are saying quality of product has deteriorated since the shipping of order 500+.

So maybe you get the idea now? If you show no interest in what others are telling you because you think you know it all already you just live in your own little bubble of 'I am right'. Well I decided to have a look at the site and found out some facts. You two just spouted something from yesterday that you think will be true tomorrow. The world changes every second of every day, try keeping up.

hey mr. pot-calling-kettle-black (aka minerpart) - are you seriously telling everyone that you believe that ACtM is and/or will be better than KNC?  without any current proof to back that up other than your feeling?  seems bargraphics is proof that they produce a pretty nice product, and have produced a lot of it (with total network over 3 PH/s now, we know that all that added hash isnt only coming from BFL, ASICMiner, and bitfury).  that isnt to say that ACtM cant and wont produce a good, timely product.  even IF they do it doesnt make KNC's product any less good, and doesnt take away from the fact that they are adding/have added a shit-ton of that total hash (1.5 PH/s according to bargraphics, though that number seems high right now, maybe thats the total amt they have sold) to the network before ACtM even put out 1 MH/s.  maybe KNC will fall by the wayside (like ASICMiner seems to have) and ACtM will be right there to pick up all the willing buyers.  let's hope so for everyone's sake that has $ invested in ACtM.

so to recap - KNC current has a product that is shipping and a lot of people are mining with.  ACtM does not.  bashing other companies (KNC, ASICMiner, BFL, Avalon, etc) that have actually put out a product and are PROFITABLE will NOT make ACtM make and release their product any sooner.  if you feel you must resort to bashing other companies because you dont have enough positive info to cheer about with ACtM, then you need to take that up with Ken.

disclaimer:
believe me when i say that i hope all this works out for anyone who has $ invested.  i dont want people to lose money, whether i like them or not.  but if you lose because you put a bunch of money into something that you dont really know about, i'm not going to feel sorry for you when you complain that things didnt happen according to original plan or didnt go how you wanted.

EDIT - and in case you didnt know, the difficulty jump that just happpened was almost a 50% increase.
EDIT #2 - apparently I am an ACtM investor again with a grand total of 8 shares (thanks to someone on cryptostocks.com for filling some of my low bid amt).

This is a fabricated piece of nonsense!  You have an awful habit of putting words into people's mouths and spouting absolute untruths.  If you are going to insist on posting in this thread as a way of massaging your ego, at least have the decency to read other people's posts and report what see with some sense of accuracy.  And for the love of God would you stop quoting yourself, highlighting random phrases in bold and use CAPITAL LETTERS at the beginning of your sentences!

Anyone who thinks that KnC are not having major issues with their products is deluding themselves.  Right now on the forum the first 8 pages (10 posts per page) are filled with complaints about faulty boards, unexpected shut downs, unit failures, dead units, disabled cores, firmware update issues, locked 0 GH rate, core errors and dead dies.

The vast majority of these posts across the first 14 pages of the KnC thread are reporting units that do not hash at the advertised rate.  So people are not getting value for money.

If that was ActM and I read the forum, I was sell my shares and run for the hills.  I don't care if any of you justify selling dodgy electrical equipment just to make a profit but I expect more than that from Ken.

Bargraphics wouldn't be saying how happy he was with his Jupiters if his post was on the first page of that forum, that is for sure.

No, we need to learn from other companies mistakes and even if we delay shipment, we need reliable products that do what they say on the tin.  That way people come back to buy more, words spreads and we all make a killing. This is no smash & grab but clearly our competitors see it that way.  So let's build a reputation and create a feedback loop of success.
sr. member
Activity: 280
Merit: 250
IIIIII====II====IIIIII

better....bashing



You can condense your long post to the above accusations. I did not say we would be 'better' whatever you mean by that, than knc and I did not 'bash' them either. You shamelessly missquote...again.

I stated some facts, reported what's going on on their website. I also said we could benefit from a lack of confidence in their product. It is very straight forward but you seem to think its wrong to mention the direct competition and what effect it will have on us which is...odd. I get the feeling you just like picking arguments and proving yourself right.

Keep quoting yourself, it makes you look really humble.
legendary
Activity: 1176
Merit: 1015
Actually they are they are about to release Onsite Hosting plans so that when the miner comes off the line it goes across the hall to hosting and is online within a few min and ready for configuration of your desired pool
HashFast or ActiveMining?

HashFast.
hero member
Activity: 487
Merit: 500
Are You Shpongled?
Actually they are they are about to release Onsite Hosting plans so that when the miner comes off the line it goes across the hall to hosting and is online within a few min and ready for configuration of your desired pool
HashFast or ActiveMining?
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