[ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 466.

coinminers

full member

Activity: 147

Merit: 100

Quote from: kslaughter on October 12, 2013, 10:08:19 AM

ANNOUNCEMENT

Short Term Solution:

We now have a solution to the Bitfunder problem for our Investors who choose or are forced to not stay on Bitfunder. Our own Stock Exchange is finished and is undergoing final implemtation testing and setup. Due to the current environment we will not be enabling trading on this site; however, it will be used to store anyones shares and to pay dividends.

After we obtain legal advice which says that we are ok to do this, we will implement on the site, a direct escrow transfer system.

Long Term Solution:

We will implement a direct transfer system using colored coins.

Hooray!! =D

SebastianJu

legendary

Activity: 2674

Merit: 1083

Legendary Escrow Service - Tip Jar in Profile

Quote from: PurpleTentacle on October 12, 2013, 12:51:03 PM

Quote from: SebastianJu on October 12, 2013, 12:17:13 PM

Quote from: PurpleTentacle on October 12, 2013, 11:42:49 AM

Quote from: SebastianJu on October 12, 2013, 11:33:52 AM

Quote from: kslaughter on October 11, 2013, 04:30:51 PM

VMC Sales:

3rd Quarter 2013 $1,404,217

kenslaughter... so thats 10030BTC for the months July to September for miner sales? Are those already paid out as divs, will this come in the next time or did i misunderstood something about this?

Divs from miner sales will probably be paid when products are shipped.

But whats the status of the hardware then? I mean there is a tiny div each week but i dont know what this means. Is that already the own asic design at work or other hardware?
I only mean when is the point when these sold miners are shipped and when is the mine really hashing? (For labcoin i at least know the claimed problem is a heatproblem in chip design (if true) but i dont have a clue whats going on with ActiveMining. Which is stupid when being invested in.

Current divs are from 6 avalons hashing: https://bitcointalksearch.org/topic/m.3192905

From what I understand, sample chips should arrive in the next few weeks: https://bitcointalksearch.org/topic/m.3192907

I might have gotten allergic against all this missing info and missed timeframes... i hope it works out...

thefunkybits

legendary

Activity: 1218

Merit: 1000

Quote from: kslaughter on October 12, 2013, 10:08:19 AM

ANNOUNCEMENT

Short Term Solution:

We now have a solution to the Bitfunder problem for our Investors who choose or are forced to not stay on Bitfunder. Our own Stock Exchange is finished and is undergoing final implemtation testing and setup. Due to the current environment we will not be enabling trading on this site; however, it will be used to store anyones shares and to pay dividends.

After we obtain legal advice which says that we are ok to do this, we will implement on the site, a direct escrow transfer system.

Long Term Solution:

We will implement a direct transfer system using colored coins.

This is great to hear! Alot of attention will be brought to ACTM if we are the first ones to implement colored coins.

Also with no trading allowed on the "new site" this will put demand through the roof! I would feel uneasy if this was the case for an extended period of time however

PurpleTentacle

sr. member

Activity: 384

Merit: 250

Quote from: SebastianJu on October 12, 2013, 12:17:13 PM

Quote from: PurpleTentacle on October 12, 2013, 11:42:49 AM

Quote from: SebastianJu on October 12, 2013, 11:33:52 AM

Quote from: kslaughter on October 11, 2013, 04:30:51 PM

VMC Sales:

3rd Quarter 2013 $1,404,217

kenslaughter... so thats 10030BTC for the months July to September for miner sales? Are those already paid out as divs, will this come in the next time or did i misunderstood something about this?

Divs from miner sales will probably be paid when products are shipped.

But whats the status of the hardware then? I mean there is a tiny div each week but i dont know what this means. Is that already the own asic design at work or other hardware?
I only mean when is the point when these sold miners are shipped and when is the mine really hashing? (For labcoin i at least know the claimed problem is a heatproblem in chip design (if true) but i dont have a clue whats going on with ActiveMining. Which is stupid when being invested in.

Current divs are from 6 avalons hashing: https://bitcointalksearch.org/topic/m.3192905

From what I understand, sample chips should arrive in the next few weeks: https://bitcointalksearch.org/topic/m.3192907

SebastianJu

legendary

Activity: 2674

Merit: 1083

Legendary Escrow Service - Tip Jar in Profile

Quote from: PurpleTentacle on October 12, 2013, 11:42:49 AM

Quote from: SebastianJu on October 12, 2013, 11:33:52 AM

Quote from: kslaughter on October 11, 2013, 04:30:51 PM

VMC Sales:

3rd Quarter 2013 $1,404,217

kenslaughter... so thats 10030BTC for the months July to September for miner sales? Are those already paid out as divs, will this come in the next time or did i misunderstood something about this?

Divs from miner sales will probably be paid when products are shipped.

But whats the status of the hardware then? I mean there is a tiny div each week but i dont know what this means. Is that already the own asic design at work or other hardware?
I only mean when is the point when these sold miners are shipped and when is the mine really hashing? (For labcoin i at least know the claimed problem is a heatproblem in chip design (if true) but i dont have a clue whats going on with ActiveMining. Which is stupid when being invested in.

aquarius

sr. member

Activity: 275

Merit: 250

Quote from: PurpleTentacle on October 12, 2013, 11:42:49 AM

Quote from: SebastianJu on October 12, 2013, 11:33:52 AM

Quote from: kslaughter on October 11, 2013, 04:30:51 PM

VMC Sales:

3rd Quarter 2013 $1,404,217

kenslaughter... so thats 10030BTC for the months July to September for miner sales? Are those already paid out as divs, will this come in the next time or did i misunderstood something about this?

Divs from miner sales will probably be paid when products are shipped.

Yes, they must be held as a guarantee for costumers.

PurpleTentacle

sr. member

Activity: 384

Merit: 250

Quote from: SebastianJu on October 12, 2013, 11:33:52 AM

Quote from: kslaughter on October 11, 2013, 04:30:51 PM

VMC Sales:

3rd Quarter 2013 $1,404,217

kenslaughter... so thats 10030BTC for the months July to September for miner sales? Are those already paid out as divs, will this come in the next time or did i misunderstood something about this?

Divs from miner sales will probably be paid when products are shipped.

SebastianJu

legendary

Activity: 2674

Merit: 1083

Legendary Escrow Service - Tip Jar in Profile

Quote from: kslaughter on October 11, 2013, 04:30:51 PM

VMC Sales:

3rd Quarter 2013 $1,404,217

kenslaughter... so thats 10030BTC for the months July to September for miner sales? Are those already paid out as divs, will this come in the next time or did i misunderstood something about this?

knybe

hero member

Activity: 658

Merit: 500

decentralize EVERYTHING...

Wow very cool.

ACTIVEMINING is in an awesome position to be the first in the field of decentralized securities.

Some pioneering going on!

Sou

full member

Activity: 210

Merit: 100

(Bitcoin related text here)

Quote from: WikileaksDude on October 12, 2013, 10:52:02 AM

Quote from: kslaughter on October 12, 2013, 10:08:19 AM

ANNOUNCEMENT

Short Term Solution:

We now have a solution to the Bitfunder problem for our Investors who choose or are forced to not stay on Bitfunder. Our own Stock Exchange is finished and is undergoing final implemtation testing and setup. Due to the current environment we will not be enabling trading on this site; however, it will be used to store anyones shares and to pay dividends.

After we obtain legal advice which says that we are ok to do this, we will implement on the site, a direct escrow transfer system.

Long Term Solution:

We will implement a direct transfer system using colored coins.

awesome shit ken.

Do you think we could list other securities in the future in the exchange while using colored coins?

I think that's the plan Cool

WikileaksDude

hero member

Activity: 490

Merit: 500

Quote from: kslaughter on October 12, 2013, 10:08:19 AM

ANNOUNCEMENT

Short Term Solution:

We now have a solution to the Bitfunder problem for our Investors who choose or are forced to not stay on Bitfunder. Our own Stock Exchange is finished and is undergoing final implemtation testing and setup. Due to the current environment we will not be enabling trading on this site; however, it will be used to store anyones shares and to pay dividends.

After we obtain legal advice which says that we are ok to do this, we will implement on the site, a direct escrow transfer system.

Long Term Solution:

We will implement a direct transfer system using colored coins.

awesome shit ken.

Do you think we could list other securities in the future in the exchange while using colored coins?

Sou

full member

Activity: 210

Merit: 100

(Bitcoin related text here)

Quote from: Sanqianli on October 12, 2013, 10:40:13 AM

WHY? How is it different from direct shares? Sad

at least ,bitfunder can trade

Then stay on Bitfunder.

Sanqianli

member

Activity: 105

Merit: 10

WHY? How is it different from direct shares? Sad

at least ,bitfunder can trade

kslaughter

sr. member

Activity: 476

Merit: 250

Quote from: thebitcoiners on October 12, 2013, 10:27:06 AM

Very cool!
Is the plan to have other securities listed there as well?
If so, will this be an additional revenue vehicle for ActiveMining?
Looking forward to a more detailed sales report. Things are starting to get pretty interesting.

No, not at this time due to current environment. We would have to do what Bitfunder is doing with US citizens. We will be trying to use a lot of the technology in our new site in our colored coins development. We expect that our colored coins development will generate additional revenue for ActiveMining.

Sou

full member

Activity: 210

Merit: 100

(Bitcoin related text here)

Quote from: VinceSamios on October 12, 2013, 09:15:33 AM

Quote from: kslaughter on October 11, 2013, 04:30:51 PM

VMC Sales:

3rd Quarter 2013 $1,404,217

That means like $1.3mil in sales in september, up from:
August sales:
Total $89,969.00
July Sales:
Total $20,495.00

Extremely promising!

Your math is off.

thebitcoiners

newbie

Activity: 22

Merit: 0

Very cool!
Is the plan to have other securities listed there as well?
If so, will this be an additional revenue vehicle for ActiveMining?
Looking forward to a more detailed sales report. Things are starting to get pretty interesting.

kslaughter

sr. member

Activity: 476

Merit: 250

We will be posting the procedure for transferring shares as soon as the final site testing and setup is finished.

aquarius

sr. member

Activity: 275

Merit: 250

Quote from: kslaughter on October 12, 2013, 10:08:19 AM

ANNOUNCEMENT

Short Term Solution:

We now have a solution to the Bitfunder problem for our Investors who choose or are forced to not stay on Bitfunder. Our own Stock Exchange is finished and is undergoing final implemtation testing and setup. Due to the current environment we will not be enabling trading on this site; however, it will be used to store anyones shares and to pay dividends.

After we obtain legal advice which says that we are ok to do this, we will implement on the site, a direct escrow transfer system.

Long Term Solution:

We will implement a direct transfer system using colored coins.

Awesome! When can we transfer the shares we have on Bitfunder, and what will the procedure be?

kslaughter

sr. member

Activity: 476

Merit: 250

ANNOUNCEMENT

Short Term Solution:

We now have a solution to the Bitfunder problem for our Investors who choose or are forced to not stay on Bitfunder. Our own Stock Exchange is finished and is undergoing final implemtation testing and setup. Due to the current environment we will not be enabling trading on this site; however, it will be used to store anyones shares and to pay dividends.

After we obtain legal advice which says that we are ok to do this, we will implement on the site, a direct escrow transfer system.

Long Term Solution:

We will implement a direct transfer system using colored coins.

VinceSamios

sr. member

Activity: 448

Merit: 250

Quote from: kslaughter on October 11, 2013, 04:30:51 PM

VMC Sales:

3rd Quarter 2013 $1,404,217

That means like $1.3mil in sales in september, up from:
August sales:
Total $89,969.00
July Sales:
Total $20,495.00

Extremely promising!

Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 466. (Read 771542 times)