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Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 449. (Read 771288 times)

legendary
Activity: 1358
Merit: 1002
WTF dudes, this thread is SELF-MODERATED! If OP wishes to delete the posts he can do that himself.
You guys really love to be stringed along by sockpuppets, don't you?
full member
Activity: 210
Merit: 100
New Topic:

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. ...

If the chips aren't profitable to sell (miners feel they won't ROI @price), they are not profitable to mine.
Ask me why.
full member
Activity: 210
Merit: 100
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.
...

Interwebs lawyer:

The redacted text defines the scope of that NDA.  Without those specifics (redacted text), the document becomes vague and overbroad.

If not obvious:  that blacked-out text defines exactly why Ken is signing the NDA.

The NDA has nothing to do with getting/not getting sample chips, etc.  If that was the case, Ken couldn't even tell us anything about production chips, or sell them ('cos could be construed as bizniz seekrits).

But keep socking.
sr. member
Activity: 644
Merit: 250
Can Ken perhaps tell us expected hash rate of the sample chips?

I'm not Ken, but chips are expected to hash at 16gh/s on normal clock and 20gh/s overclocked.

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).

I'm not a massive shareholder, but I'm holding all 100k+ of my shares. There is too much upward potential in the 3-6 month future and a glaring vacuum of other good investment opportunities. Ken, don't let the pressure get to you, we know that it's not easy doing what you're doing, and I'm certain that your larger shareholders support you (as seen by the largely unchanging bitfunder public asset list), so don't go quitting on us! Tongue
Sou
full member
Activity: 210
Merit: 100
(Bitcoin related text here)
New Topic:

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.
legendary
Activity: 1176
Merit: 1015
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?

hero member
Activity: 658
Merit: 500
decentralize EVERYTHING...
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.)
newbie
Activity: 37
Merit: 0
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...
legendary
Activity: 1176
Merit: 1015
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.
sr. member
Activity: 473
Merit: 250
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?

Lot of people seem to not understand how all encompassing and how serious a properly written NDA is.
hero member
Activity: 658
Merit: 500
decentralize EVERYTHING...
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.
hero member
Activity: 602
Merit: 500
myBitcoin.Garden
Sou
full member
Activity: 210
Merit: 100
(Bitcoin related text here)
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?

+1
newbie
Activity: 37
Merit: 0
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?
hero member
Activity: 560
Merit: 500
THERE IS LIFE OUTSIDE THIS THREAD PEOPLE , GET OUT  Wink  Cheesy
hero member
Activity: 602
Merit: 500
myBitcoin.Garden
hero member
Activity: 658
Merit: 500
decentralize EVERYTHING...
Oddly, from where im sitting, i think Ken could have trumped crumbs, on the FUDster scale.

Also, does silence count as FUD?

This.
hero member
Activity: 658
Merit: 500
decentralize EVERYTHING...
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.

simple questions. Not too much whining really. Pretty matter of fact.
full member
Activity: 210
Merit: 100
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...

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.
hero member
Activity: 658
Merit: 500
decentralize EVERYTHING...
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...

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.
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