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Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 437. (Read 771288 times)

hero member
Activity: 487
Merit: 500
Are You Shpongled?
Ken has been asked many times about the timeframe he posted at the beginning of the thread and he never answered.  Others have speculated but not an answer from Ken.  Not sure why he can't answer if its 9 weeks from the post or 9 weeks from the NRE.    I speculate that its 9 weeks from the post.
It means from the time of NRE payment. That is eASIC's timeline... look it up, you don't need Ken to tell you. That information was available weeks before this thread was started. It isn't some magical new information only obtained in September.

edit: Thank you, Sou.
Sou
full member
Activity: 210
Merit: 100
(Bitcoin related text here)
Tell us about the prototype, Ken.

Like I said, unless otherwise stated, the prototype will be another 2 weeks.

Who the fuck are you?

A concerned investor that has a rough idea the current timelines based on the first post Ken made in this thread.

  • Chip samples delivered in 9 weeks;
  • Low-volume chip production starting in 12 weeks, using an e-beam process;
  • Normal volume chip production starting in 16-18 weeks.

This means the first chip will be here last week of November (Look at Kens post date)

So I was actually wrong, the prototype will be online in 4 weeks minimum.

Quote from: kslaughter on July 08, 2013

What are the current plans for chip development?
ActiveMining is in the process of gathering necessary funds for paying NRE costs on its 28nm chip. We hope these funds to be gathered soon, so that chip production can start as soon as possible. Estimated dates after NRE payment are:
Chip samples delivered in 9 weeks;
Low-volume chip production starting in 12 weeks, using an e-beam process;
Normal volume chip production starting in 16-18 weeks.
Source = https://bitcointalksearch.org/topic/m.2685508

 Roll Eyes
hero member
Activity: 887
Merit: 1000
This means the first chip will be here last week of November (Look at Kens post date)

So I was actually wrong, the prototype will be online in 4 weeks minimum.
NRE was paid way before that post was made; how many times does this need to be explained? Ken said miners are shipping out by the end of November, so your conjecture that there won't be a prototype until then is incorrect. Why are you invested in this security if you are so ignorant of the fundamentals?

Ken has been asked many times about the timeframe he posted at the beginning of the thread and he never answered.  Others have speculated but not an answer from Ken.  Not sure why he can't answer if its 9 weeks from the post or 9 weeks from the NRE.    I speculate that its 9 weeks from the post.
legendary
Activity: 1176
Merit: 1015
NRE was paid way before that post was made; how many times does this need to be explained? Ken said miners are shipping out by the end of November, so your conjecture that there won't be a prototype until then is incorrect. Why are you invested in this security if you are so ignorant of the fundamentals?

I assume that Ken meant 9 weeks from that post and not 9 weeks since NRE was paid. I was under the impression that it takes a lot longer than 9 weeks to develop and manufacture an ASIC from the day one.

Why are you invested in this security if you are so ignorant of the fundamentals?

To be fair Ken has been very quiet about timelines and key details of delivery so its not hard to make conclusions that may be incorrect. In a knowledge vacuum it is all to easy to arrive at a faulty assumption.
hero member
Activity: 487
Merit: 500
Are You Shpongled?
This means the first chip will be here last week of November (Look at Kens post date)

So I was actually wrong, the prototype will be online in 4 weeks minimum.
NRE was paid way before that post was made; how many times does this need to be explained? Ken said miners are shipping out by the end of November, so your conjecture that there won't be a prototype until then is incorrect. Why are you invested in this security if you are so ignorant of the fundamentals?
legendary
Activity: 1176
Merit: 1015
Tell us about the prototype, Ken.

Like I said, unless otherwise stated, the prototype will be another 2 weeks.

Who the fuck are you?

A concerned investor that has a rough idea the current timelines based on the first post Ken made in this thread.

  • Chip samples delivered in 9 weeks;
  • Low-volume chip production starting in 12 weeks, using an e-beam process;
  • Normal volume chip production starting in 16-18 weeks.

This means the first chip will be here last week of November (Look at Kens post date)

So I was actually wrong, the prototype will be online in 4 weeks minimum.
hero member
Activity: 487
Merit: 500
Are You Shpongled?
why not just tender it to cryptostocks for the time being since you're listed there anyways. it's a waste of time again but it'll be easier going forward no?
Why transfer to cryptostocks when they can be transferred now to the ActiveMining exchange? That way they don't need to be transferred from cryptostocks to the new exchange. If the reason is to trade them, well, good luck with that on cryptostocks which has no liquidity.
sr. member
Activity: 476
Merit: 250
Ken, I've submitted documentation to get verified on BF, but I know Ukyo has a substantial queue to get through. Should I still transfer my shares if, come November 6th, I'm still waiting to get verified?

Yes, that would be the safe way, to make sure you receive your dividends.
newbie
Activity: 37
Merit: 0
Ken, I've submitted documentation to get verified on BF, but I know Ukyo has a substantial queue to get through. Should I still transfer my shares if, come November 6th, I'm still waiting to get verified?
hero member
Activity: 658
Merit: 500
decentralize EVERYTHING...
Tell us about the prototype, Ken.

Like I said, unless otherwise stated, the prototype will be another 2 weeks.

thx Ken. huh? …oh.
newbie
Activity: 55
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.  

and then?

how will you know who sent you the shares, and keep dividends etc

We will be using the Bitfunder transaction logs and asset list from Bitfunder.  Investors will need to be able to sign the Bitcoin address in their Bitfunder account at a later date.  


People who have not enabled 2-factor authentication will not be able to transfer. Can someone give a step-by-step for doing this, detailing the Google side and Bitfunder side?

EDIT: The easiest method is with a smartphone. Download the Google Authenticator app and scan the barcode you'll find in Bitfunder > {username} > Security
The app will display a code that you can enter into bitfunder. Make sure you write down the bitfunder KEY.

(sorry if this was obvious for some people, but Bitfunder gives no explanation at all)
hero member
Activity: 546
Merit: 500
legendary
Activity: 2786
Merit: 1031

is wednesday still dividends day?

anyone?

50 satoshis per share.
hero member
Activity: 602
Merit: 500
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. 

and then?

how will you know who sent you the shares, and keep dividends etc

We will be using the Bitfunder transaction logs and asset list from Bitfunder.  Investors will need to be able to sign the Bitcoin address in their Bitfunder account at a later date. 


why not just tender it to cryptostocks for the time being since you're listed there anyways. it's a waste of time again but it'll be easier going forward no?
legendary
Activity: 1176
Merit: 1015
Tell us about the prototype, Ken.

Like I said, unless otherwise stated, the prototype will be another 2 weeks.
legendary
Activity: 1218
Merit: 1000
hero member
Activity: 532
Merit: 500
https://karatcoin.co
Tell us about the prototype, Ken.
sr. member
Activity: 476
Merit: 250
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. 

and then?

how will you know who sent you the shares, and keep dividends etc

We will be using the Bitfunder transaction logs and asset list from Bitfunder.  Investors will need to be able to sign the Bitcoin address in their Bitfunder account at a later date. 
hero member
Activity: 896
Merit: 500
Dolphins Finance TRUSTED FINANCE
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. 

and then?

how will you know who sent you the shares, and keep dividends etc
sr. member
Activity: 476
Merit: 250
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. 
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