[ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 447.

zumzero

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myBitcoin.Garden

Quote from: kslaughter on October 21, 2013, 12:22:27 AM

Quote from: zumzero on October 20, 2013, 09:49:46 AM

Hi Ken,

Are there any words you can offer to help quell the frustrations of shareholders at present?

If you are able to share anything regarding our progress without revealing commercially sensitive information or breaking the NDA, it would go a long way in restoring confidence.

I'm sure you are aware of the loyalty that these guys have shown and the belief the majority still have in you, and would ask that you give this request serious consideration.

Here's a couple of things to consider.

1) Do you have any timelines you can share regarding the chips?
2) Is there anything you can say about how the development/production process is progressing?
3) Can you explain why you are so confident that the exponential rise in difficulty is not going to end this companies ambitions to create a profitable mining farm.

Cheers,

zumzero

Yes, I see the frustration; however, we are in a very competitive environment so I have to be very careful of what I say. I am sure our competitors are reading this thread. I read theirs some when I have time.

This is good enough for me. I sit back and I wait. It's will be November in next to no time.

somestranger

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Are You Shpongled?

Quote from: knybe on October 20, 2013, 07:27:02 PM

interesting update from asicminer...

Quote from: friedcat on October 20, 2013, 11:59:28 AM

Quick Update

Blockchain-based exchange out of pre-alpha (whether to migrate whole ASICMiner database is still a serious debating topic).

Ooo... this sounds like colored coins based exchanges are on the fast track to release now. Very good news.

drawingthesun

legendary

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Ken, I think the last several pages need to be deleted.

knybe

hero member

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decentralize EVERYTHING...

interesting update from asicminer...

Quote from: friedcat on October 20, 2013, 11:59:28 AM

Quick Update

The original vague range of October 20s is now made accurate at October 27th, when the projected publication of financial reports. This time it will be more detailed and informative than the last time's.

Upcoming scheduled to be happening (in time order):

Imminent repricing according to the market and the quantity.
Immersion cooling exhibition.
Payment system out of pre-alpha.
Blockchain-based exchange out of pre-alpha (whether to migrate whole ASICMiner database is still a serious debating topic).

knybe

hero member

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decentralize EVERYTHING...

this thread has me breaking out the popcorn... Cheesy

Ozymandias

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Quote from: Ozymandias on October 20, 2013, 01:04:43 PM

Have I missed any update on our klondikes? Last I recall the chips were delivered to Steamboat. Has there been any progress on that front?

I would also be very interested in hearing about our main project progress and would support ANY information (even if it's just tangentially related, such as our springfield underground data center being fully outfitted and ready just needing our miners to be plugged in).

kslaughter

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Quote from: zumzero on October 20, 2013, 03:37:53 PM

I want to know if Ken is working on the October P&L and balance sheets. Fingers crossed we'll have some real numbers to crunch then.

Yes, we are working on those.

Stuartuk

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Quote from: zumzero on October 20, 2013, 04:16:17 PM

there is another 127 years until the last bitcoin is generated through mining.

Holy shit, so this bitching thread could have another 127 years in it? WTF! Too terrible to even think about.

zumzero

hero member

Activity: 602

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myBitcoin.Garden

I would hope we've had a boost in sales from the bloomberg article.

http://www.bloomberg.com/news/2013-10-15/bitcoin-mining-rush-means-real-cash-for-hardware-makers.html

There is a lot of doom and gloom around at the moment over mining with asics, but there is another 127 years until the last bitcoin is generated through mining.

As I see it, the sharp rise in difficulty seen today is only temporary and if we can keep afloat long enough then we are in with a real chance of capturing a significant percentage of the global hash rate.

It's a shame that we are infighting rather than being proactive and helping the company thrive.

Stuartuk

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Activity: 266

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Jesus no way VE started that.

Quote from: VolanicEruptor on September 18, 2013, 01:21:25 PM

Quote from: crazyates on September 18, 2013, 01:14:43 PM

Delivery is when? 3 months from now?

The first units will arrive in November. It's a short queue so there will not be BFL-style wait times. Production and delivery will be the fastest out of any competitors with the same schedule. I promise you that.

That was a month ago - 4 weeks. So what has caused this huge turn around? There must be more to this than VE getting tired waiting, he has got really personal with Ken. Something has gone on. Maybe VE asked to move his shares back from btc-tc to BF but Ken refused? Who knows, but that is weird.

somestranger

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Are You Shpongled?

Quote from: Stuartuk on October 20, 2013, 03:50:32 PM

Quote from: somestranger on October 20, 2013, 03:47:33 PM

October sales will probably be less than September because the eASIC release was likely driving those sales, combined with listing on The Genesis Block.

Excellent point actually. So we need another eASIC press release or like you say some PR. Whatever happened to everyone going around spreading the word about ACtM?? Wasn't there a thread put up somewhere? What else can we do over the next month to drive up sales? Come on guys THINK.

Lol. VolcanicEruptor is the one who started the thread you speak of. https://bitcointalksearch.org/topic/vmc-fast-hash-6gh-296565

Investors should not have to be the ones doing the PR... advertising to make this a success is a responsibility from the company to the shareholders.

Stuartuk

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Quote from: somestranger on October 20, 2013, 03:47:33 PM

October sales will probably be less than September because the eASIC release was likely driving those sales, combined with listing on The Genesis Block.

Excellent point actually. So we need another eASIC press release or like you say some PR. Whatever happened to everyone going around spreading the word about ACtM?? Wasn't there a thread put up somewhere? What else can we do over the next month to drive up sales? Come on guys THINK.

another edit---

Brainwave:

Banksy is in the US right now. I know someone who knows someone who went to Bristol and saw one of his paintings once. Does any other UK guy here have his number? He is total counter-culture, he would be so up for a bit of 'Banksy does Bitcoin' graffiti.

somestranger

hero member

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Are You Shpongled?

Quote from: Stuartuk on October 20, 2013, 03:40:10 PM

From what I read here the other day I think that is going to happen, hasn't he been updating the figures ad-hoc each month? I guess we wait and see but obviously with the difficulty going up the sales MAY dry up a bit. People will obviously be worried about ROI.

edit---

In other words lets not see lower sales in Oct as a really bad sign and have a bloody big crisis about it. Lets expect the worst and it might not be that bad.

So I am predicting $120 of sales for October. Anyone else?

October sales will probably be less than September because the eASIC release was likely driving those sales, combined with listing on The Genesis Block. For increased sales there would need to be more PR, and that has been lacking.

P&L Statement is supposed to be released by Nov. 1 IIRC. Maybe we'll find out more about sample chips then... they should be arriving any day now.

crumbs

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Quote from: Stuartuk on October 20, 2013, 03:30:30 PM

Quote from: crumbs on October 20, 2013, 03:26:23 PM

Quote from: minerpart on October 20, 2013, 03:23:38 PM

Quote from: VolanicEruptor on October 20, 2013, 03:21:25 PM

You are making some rash assumptions

Whatever I assume here is by the by. You are assuming this will go no further - now that could have terrible consequences for you, your job, and your family.

Now THIS is a threat.

You can clearly see it is a warning about legal action which is why I told him to seek legal council and posted a link to a legal representative who will assist him.

I can clearly see it as a threat against him & his family. Angry

Stuartuk

sr. member

Activity: 266

Merit: 250

From what I read here the other day I think that is going to happen, hasn't he been updating the figures ad-hoc each month? I guess we wait and see but obviously with the difficulty going up the sales MAY dry up a bit. People will obviously be worried about ROI.

edit---

In other words lets not see lower sales in Oct as a really bad sign and have a bloody big crisis about it. Lets expect the worst and it might not be that bad.

So I am predicting $120 of sales for October. Anyone else?

zumzero

hero member

Activity: 602

Merit: 500

myBitcoin.Garden

I want to know if Ken is working on the October P&L and balance sheets. Fingers crossed we'll have some real numbers to crunch then.

Stuartuk

sr. member

Activity: 266

Merit: 250

Quote from: VolanicEruptor on October 20, 2013, 03:22:08 PM

Quote from: minerpart on October 20, 2013, 03:20:59 PM

http://www.danieljensenlaw.com/articles/death-threats/

Issuing a death threat is not just irresponsible; it is also illegal and punishable by jail time. If you have been accused of sending a death threat, you should take those charges seriously.

If you can find where I made a threat, I will post a video of myself eating my own balls before they arrest me. Cheesy

http://www.justice.gov/olc/

Do a search here for 'I made a death threat' lol

Stuartuk

sr. member

Activity: 266

Merit: 250

Try 3 pages back for the threat. It shouldn't be repeated here. I think the lawyers will be onto this. DESPICABLE.

Stuartuk

sr. member

Activity: 266

Merit: 250

Quote from: crumbs on October 20, 2013, 03:26:23 PM

Quote from: minerpart on October 20, 2013, 03:23:38 PM

Quote from: VolanicEruptor on October 20, 2013, 03:21:25 PM

You are making some rash assumptions

Whatever I assume here is by the by. You are assuming this will go no further - now that could have terrible consequences for you, your job, and your family.

Now THIS is a threat.

You can clearly see it is a warning about legal action which is why I told him to seek legal council and posted a link to a legal representative who will assist him.

VolanicEruptor

sr. member

Activity: 392

Merit: 250

Quote from: crumbs on October 20, 2013, 03:26:23 PM

Quote from: minerpart on October 20, 2013, 03:23:38 PM

Quote from: VolanicEruptor on October 20, 2013, 03:21:25 PM

You are making some rash assumptions

Whatever I assume here is by the by. You are assuming this will go no further - now that could have terrible consequences for you, your job, and your family.

Now THIS is a threat.

Doesn't bother me one bit.. can we focus on eASIC chips now? Or are we going to keep talking about internet threats and worthless share transfers?

Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 447. (Read 771288 times)