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I don't expect the sales figures to be increasing very much in the near future - people seem to be realizing they won't see any return. But from what we have sold should be a nice boost in hashrate for our in house operation. Network difficulty should slow down a bit once all the pre-orders are shipped out. With the money raised in the IPO and the money from sales we should be able to carve out a nice chunk of the network for our own by buying direct from easic. If the production is as fast as they say it is then after our first batch is online we should be able to pull ahead of the competition with a quicker deployment on our second batch.
Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 449. (Read 771542 times)
October 20, 2013, 01:02:49 PM
October 20, 2013, 12:48:16 PM
Lot of people seem to not understand how all encompassing and how serious a properly written NDA is.
Ken can confirm that we are delayed or not.
Says you. Not says NDA.
NDA (http://axs.net/AMC/eAsic-NDA0001.jpg and http://axs.net/AMC/eAsic-NDA0002.jpg) says that he is forbidden from divulging confidential information which may include matters of any technical or business nature. The amount of time that it takes eASIC to get their brand-spanking new 28mm chips out SEEMS TO ME like it would be considered confidential; and talking about "delays", either to confim or deny, would be in breach of contract. VMC is at mercy of this NDA, fully and utterly. Ken doesn't even acknowledge the posts asking about these matters; because that in of itself could be construed to be divulging information.
EDIT: To me it seems like a big "delay" in the plans would be eASIC deciding that Ken breached the NDA...
Ok, so what do we do halfway through December when we are still hashing 400GH/s and collecting 5 Satoshi a week in dividends? Do we just lay down and sell our shares for 100x times less than what we paid for them?
Can Ken perhaps tell us expected hash rate of the sample chips?
October 20, 2013, 12:43:50 PM
The NDA does not take into account the time sensitive nature of exponential difficulty increases. NDA or not the point is if we're not on time, you may as well consider these machines glorified calculators.
We need calc-u-nows... Not calc-u-laters. (Okay okay, I know, that was bad.)
We need calc-u-nows... Not calc-u-laters. (Okay okay, I know, that was bad.)
October 20, 2013, 12:23:00 PM
Lot of people seem to not understand how all encompassing and how serious a properly written NDA is.
Ken can confirm that we are delayed or not.
Says you. Not says NDA.
NDA (http://axs.net/AMC/eAsic-NDA0001.jpg and http://axs.net/AMC/eAsic-NDA0002.jpg) says that he is forbidden from divulging confidential information which may include matters of any technical or business nature. The amount of time that it takes eASIC to get their brand-spanking new 28mm chips out SEEMS TO ME like it would be considered confidential; and talking about "delays", either to confim or deny, would be in breach of contract. VMC is at mercy of this NDA, fully and utterly. Ken doesn't even acknowledge the posts asking about these matters; because that in of itself could be construed to be divulging information.
EDIT: To me it seems like a big "delay" in the plans would be eASIC deciding that Ken breached the NDA...
October 20, 2013, 12:10:49 PM
Lot of people seem to not understand how all encompassing and how serious a properly written NDA is.
Ken can confirm that we are delayed or not.
October 20, 2013, 12:08:11 PM
It seems like people are forgetting the fact that there is an NDA in place, and on top of that, we know that in the past Ken got his hand slapped for providing information which may or may not have been covered under it. Why in the WORLD would he even consider providing information which might be under it again? And now too, right when I imagine things are picking up?
We know the chips are under the NDA, and I think we can assume anything stemming from them and their usage (i.e. timelines, profitability, delays, etc.) sure as hell ain't going to be brought up.
This ain't a Labcoin. Remember this: http://www.easic.com/vmc-uses-easic-to-achieve-24-756-ths-bitcoin-miner/ ? Unlike Labcoin, there is a reason Ken isn't answering questions, and also unlike Labcoin, there's a danm good reason to have faith regardless of the silence. We know these chips will happen.
I mean fuck... With all the whining, I'm surprised no one has demand pictures of chips yet. Isn't that the next step in tearing apart credibility?
We know the chips are under the NDA, and I think we can assume anything stemming from them and their usage (i.e. timelines, profitability, delays, etc.) sure as hell ain't going to be brought up.
This ain't a Labcoin. Remember this: http://www.easic.com/vmc-uses-easic-to-achieve-24-756-ths-bitcoin-miner/ ? Unlike Labcoin, there is a reason Ken isn't answering questions, and also unlike Labcoin, there's a danm good reason to have faith regardless of the silence. We know these chips will happen.
I mean fuck... With all the whining, I'm surprised no one has demand pictures of chips yet. Isn't that the next step in tearing apart credibility?
Lot of people seem to not understand how all encompassing and how serious a properly written NDA is.
October 20, 2013, 12:02:59 PM
The only whining I see in this thread are the long winded, drawn out, multiple paragraph and apparently expert analysees from the people admonishing those whom are asking a simple question.
October 20, 2013, 11:55:33 AM
and deleted
October 20, 2013, 11:21:14 AM
It seems like people are forgetting the fact that there is an NDA in place, and on top of that, we know that in the past Ken got his hand slapped for providing information which may or may not have been covered under it. Why in the WORLD would he even consider providing information which might be under it again? And now too, right when I imagine things are picking up?
We know the chips are under the NDA, and I think we can assume anything stemming from them and their usage (i.e. timelines, profitability, delays, etc.) sure as hell ain't going to be brought up.
This ain't a Labcoin. Remember this: http://www.easic.com/vmc-uses-easic-to-achieve-24-756-ths-bitcoin-miner/ ? Unlike Labcoin, there is a reason Ken isn't answering questions, and also unlike Labcoin, there's a danm good reason to have faith regardless of the silence. We know these chips will happen.
I mean fuck... With all the whining, I'm surprised no one has demand pictures of chips yet. Isn't that the next step in tearing apart credibility?
We know the chips are under the NDA, and I think we can assume anything stemming from them and their usage (i.e. timelines, profitability, delays, etc.) sure as hell ain't going to be brought up.
This ain't a Labcoin. Remember this: http://www.easic.com/vmc-uses-easic-to-achieve-24-756-ths-bitcoin-miner/ ? Unlike Labcoin, there is a reason Ken isn't answering questions, and also unlike Labcoin, there's a danm good reason to have faith regardless of the silence. We know these chips will happen.
I mean fuck... With all the whining, I'm surprised no one has demand pictures of chips yet. Isn't that the next step in tearing apart credibility?
+1
October 20, 2013, 11:18:30 AM
It seems like people are forgetting the fact that there is an NDA in place, and on top of that, we know that in the past Ken got his hand slapped for providing information which may or may not have been covered under it. Why in the WORLD would he even consider providing information which might be under it again? And now too, right when I imagine things are picking up?
We know the chips are under the NDA, and I think we can assume anything stemming from them and their usage (i.e. timelines, profitability, delays, etc.) sure as hell ain't going to be brought up.
This ain't a Labcoin. Remember this: http://www.easic.com/vmc-uses-easic-to-achieve-24-756-ths-bitcoin-miner/ ? Unlike Labcoin, there is a reason Ken isn't answering questions, and also unlike Labcoin, there's a danm good reason to have faith regardless of the silence. We know these chips will happen.
I mean fuck... With all the whining, I'm surprised no one has demand pictures of chips yet. Isn't that the next step in tearing apart credibility?
We know the chips are under the NDA, and I think we can assume anything stemming from them and their usage (i.e. timelines, profitability, delays, etc.) sure as hell ain't going to be brought up.
This ain't a Labcoin. Remember this: http://www.easic.com/vmc-uses-easic-to-achieve-24-756-ths-bitcoin-miner/ ? Unlike Labcoin, there is a reason Ken isn't answering questions, and also unlike Labcoin, there's a danm good reason to have faith regardless of the silence. We know these chips will happen.
I mean fuck... With all the whining, I'm surprised no one has demand pictures of chips yet. Isn't that the next step in tearing apart credibility?
October 20, 2013, 11:06:55 AM
THERE IS LIFE OUTSIDE THIS THREAD PEOPLE , GET OUT 
October 20, 2013, 11:01:06 AM
Reported
October 20, 2013, 10:27:20 AM
Oddly, from where im sitting, i think Ken could have trumped crumbs, on the FUDster scale.
Also, does silence count as FUD?
Also, does silence count as FUD?
This.
October 20, 2013, 10:26:53 AM
I am not being paid by a competitor, as I am one of the top 30 investors I want this company to succeed.
I want to know if there are delays in the chips, how much dividends will the sample chips provide and so on. Ken ignores all questions about the ASIC processors.
I want to know if there are delays in the chips, how much dividends will the sample chips provide and so on. Ken ignores all questions about the ASIC processors.
simple questions. Not too much whining really. Pretty matter of fact.
October 20, 2013, 10:26:33 AM
I DIG how all these noobs in here with join dates like July 2013 are so experienced with "manning up" about bitcoin related securities.
really puts the C in confidence...
really puts the C in confidence...
It doesn't matter when I started posting. For you to look at that as in indicator in your confidence shows that you pay attention to all the wrong things. You can't whine, bitch, and moan when you don't get your way after you invested in a fortune 500 company. Why do you think this is any different? Because you used your precious bitcoin, it entitles you to constant updates from the CEO? Get out of here.
The CEO is online now, and has plenty of time to delete posts in this thread, his last post was agreeing with me that he probably wouldn't do any time.
Responding to real concerns? No time 4 that.
October 20, 2013, 10:23:46 AM
I DIG how all these noobs in here with join dates like July 2013 are so experienced with "manning up" about bitcoin related securities.
really puts the C in confidence...
really puts the C in confidence...
It doesn't matter when I started posting. For you to look at that as in indicator in your confidence shows that you pay attention to all the wrong things. You can't whine, bitch, and moan when you don't get your way after you invested in a fortune 500 company. Why do you think this is any different? Because you used your precious bitcoin, it entitles you to constant updates from the CEO? Get out of here.
Yeah good one. You really nailed it. Thanks for manning us up.
October 20, 2013, 10:17:41 AM
I DIG how all these noobs in here with join dates like July 2013 are so experienced with "manning up" about bitcoin related securities.
really puts the C in confidence...
really puts the C in confidence...
It doesn't matter when I started posting. For you to look at that as in indicator in your confidence shows that you pay attention to all the wrong things. You can't whine, bitch, and moan when you don't get your way after you invested in a fortune 500 company. Why do you think this is any different? Because you used your precious bitcoin, it entitles you to constant updates from the CEO? Get out of here.
October 20, 2013, 09:50:20 AM
I DIG how all these noobs in here with join dates like July 2013 are so experienced with "manning up" about bitcoin related securities.
really puts the C in confidence...
really puts the C in confidence...
October 20, 2013, 09:12:31 AM
It's like a cycle. Every few weeks this happens. Someone demands updates and then more people demand updates and when Ken doesn't give exactly what is wanted the fud starts spreading. Like someone said earlier, man up and accept what you invested in. If you don't like the way the updates are handled, nobody is stopping you from selling your shares. Ken is not here to hold your hand and tell you everything is going to be OK. He's trying to get shit done.
October 20, 2013, 06:55:56 AM
Let's find out shall we?
I hope Ken and all of you understand that happy shareholders means a happy message board and prospective hardware buyers like reading all things positive.
Message sent as PM..
- - - - -
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
I hope Ken and all of you understand that happy shareholders means a happy message board and prospective hardware buyers like reading all things positive.
Message sent as PM..
- - - - -
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
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