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Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 483. (Read 771288 times)

hero member
Activity: 532
Merit: 500
https://karatcoin.co
ActM has killed my Bitcoin value moreso than Labcoin - just saying.

The latest SR news did not helped any share

Stupid DPR, being all stupid... and stuff...  Cry
hero member
Activity: 736
Merit: 508
ActM has killed my Bitcoin value moreso than Labcoin - just saying.

The latest SR news did not helped any share
sr. member
Activity: 378
Merit: 250
ActM has killed my Bitcoin value moreso than Labcoin - just saying.
hero member
Activity: 532
Merit: 500
https://karatcoin.co
@kleeck... how certain is it that these miners are in hands of the miners on start of december? And even though i think the calculator you used it the best available... this website only takes a certain percent of diff rise per month. Even though its 126% per month now this 30 day percent constantly is rising. So i think the div will be maybe at 137% then 158% and so on the next months. So i think the calculation probably is too good to be true. On top the uncertainty that comes with preorders.

We don't truly know when products will be shipped from anyone. Could be end of November, could be the end of December. This is the best analysis I knew how to do.

The Genesis Block uses near-exponential difficulty rises from month to month. I think the projections are plenty realistic.



Yes, they user exponential difficulty. But thats not enough. Exponentially would be 30% each month. But these percent per month are rising exponentially itself. Thats even worse.

They've accurately predicting difficulty this far.
hero member
Activity: 887
Merit: 1000
Can someone answer a question for me.

Who designed all the cases / pci cards that Active mining will be putting the chips in?

Does this stuff come from EASIC too? Does the PCI version of this ASIC have a working example for another application somewhere? Or are these just basically concept renderings of everything?

Thank you.

Quoting again to see if anyone can answer.
legendary
Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
I don't believe that to be correct tbh.

My understanding is that it will be today:

"...will be delayed until next Wednesday"

Was posted on Friday. Next Wednesday may be referring to Oct 9th. Atleast that's how I take it.

Next Wednesday from the above post is today, Oct 2nd.

Ken, I rather have you spending time selling miners than sprinkling that Satoshi dandruff on investors heads... flake by flake.
BTW, how long will it take for you to go and hit that "generate monthly report *" button on that accounting software of yours?
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
@kleeck... how certain is it that these miners are in hands of the miners on start of december? And even though i think the calculator you used it the best available... this website only takes a certain percent of diff rise per month. Even though its 126% per month now this 30 day percent constantly is rising. So i think the div will be maybe at 137% then 158% and so on the next months. So i think the calculation probably is too good to be true. On top the uncertainty that comes with preorders.

We don't truly know when products will be shipped from anyone. Could be end of November, could be the end of December. This is the best analysis I knew how to do.

The Genesis Block uses near-exponential difficulty rises from month to month. I think the projections are plenty realistic.



Yes, they user exponential difficulty. But thats not enough. Exponentially would be 30% each month. But these percent per month are rising exponentially itself. Thats even worse.
hero member
Activity: 532
Merit: 500
https://karatcoin.co
@kleeck... how certain is it that these miners are in hands of the miners on start of december? And even though i think the calculator you used it the best available... this website only takes a certain percent of diff rise per month. Even though its 126% per month now this 30 day percent constantly is rising. So i think the div will be maybe at 137% then 158% and so on the next months. So i think the calculation probably is too good to be true. On top the uncertainty that comes with preorders.

We don't truly know when products will be shipped from anyone. Could be end of November, could be the end of December. This is the best analysis I knew how to do.

The Genesis Block uses near-exponential difficulty rises from month to month. I think the projections are plenty realistic.

legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
@kleeck... how certain is it that these miners are in hands of the miners on start of december? And even though i think the calculator you used it the best available... this website only takes a certain percent of diff rise per month. Even though its 126% per month now this 30 day percent constantly is rising. So i think the div will be maybe at 137% then 158% and so on the next months. So i think the calculation probably is too good to be true. On top the uncertainty that comes with preorders.
hero member
Activity: 532
Merit: 500
https://karatcoin.co
*


great analysis kleeck, thank you.

I'm still expecting some detail from Ken about how mush hashrate AMC is supposed to bring online in november/december.

We are supposed to get a profit greater than those prospected by kleeck's analysis because we could get chips at factory cost, but we still don't know how many we will get, so it's hard to figure out oru profits.

We won't be hearing those numbers for awhile. A few dozen of those 24Th units would be nice  Grin

I can't figure out why we can't hear that. All Ken needs to know to estimate the hashrate is the chips' cost (and he probably knows it in a good approximation, otherwise he couldn't set preorder prices) and the btc stored to invest in chips. So i think he could easily communicate a gross estimate of our expected hashrate.
I would also be happy just to know why we can't get this information at the current stage

I think I can shed some light on this.

The price of chips hinges on the amount of sales VMC makes between now and roll out time. Less sales means we have less money, so we have to order a smaller batch of chips from eASIC. The issue is that eASIC rewards larger batches of chips with a cheaper cost/chip, so poor sales means less chips for more money. Until we see the completed sales figures for October it will be hard to know how many chips we can order and at what price point.

Does that make sense?
hero member
Activity: 736
Merit: 508
*


great analysis kleeck, thank you.

I'm still expecting some detail from Ken about how mush hashrate AMC is supposed to bring online in november/december.

We are supposed to get a profit greater than those prospected by kleeck's analysis because we could get chips at factory cost, but we still don't know how many we will get, so it's hard to figure out oru profits.

We won't be hearing those numbers for awhile. A few dozen of those 24Th units would be nice  Grin

I can't figure out why we can't hear that. All Ken needs to know to estimate the hashrate is the chips' cost (and he probably knows it in a good approximation, otherwise he couldn't set preorder prices) and the btc stored to invest in chips. So i think he could easily communicate a gross estimate of our expected hashrate.
I would also be happy just to know why we can't get this information at the current stage
Sou
full member
Activity: 210
Merit: 100
(Bitcoin related text here)
*


great analysis kleeck, thank you.

I'm still expecting some detail from Ken about how mush hashrate AMC is supposed to bring online in november/december.

We are supposed to get a profit greater than those prospected by kleeck's analysis because we could get chips at factory cost, but we still don't know how many we will get, so it's hard to figure out oru profits.

We won't be hearing those numbers for awhile. A few dozen of those 24Th units would be nice  Grin
hero member
Activity: 736
Merit: 508
*


great analysis kleeck, thank you.

I'm still expecting some detail from Ken about how mush hashrate AMC is supposed to bring online in november/december.

We are supposed to get a profit greater than those prospected by kleeck's analysis because we could get chips at factory cost, but we still don't know how many we will get, so it's hard to figure out oru profits.
hero member
Activity: 960
Merit: 502
it is still Wednesday, so he still have time.
sr. member
Activity: 476
Merit: 250
I don't believe that to be correct tbh.

My understanding is that it will be today:

"...will be delayed until next Wednesday"

Was posted on Friday. Next Wednesday may be referring to Oct 9th. Atleast that's how I take it.

Next Wednesday from the above post is today, Oct 2nd.
hero member
Activity: 532
Merit: 500
https://karatcoin.co
Hey guys. I was just doing some competitive analysis and thought I'd share some comparisons.

(All data is taken from http://mining.thegenesisblock.com/)

Snapshot of $/GH for Dec/Jan2014 - Top Performers



(note: TerraMiner II is a Jan delivery.)

VMC's competition

CoinTerra

TerraMiner IV (December)

http://mining.thegenesisblock.com/a/78ec45fd02

Break-even (days): 110
Profit $: 825
profit %: 5.85


TerraMiner IV (January)

http://mining.thegenesisblock.com/a/79b1f8f359

Break-even (days): 69
Profit $: 1330
profit %: 21.8

TerraMiner II (January)

http://mining.thegenesisblock.com/a/a752b3b8f8

Break-even (days): 120
Profit $: 115
profit %: 3.19

Bitmine

CoinCraft Desk 200

http://mining.thegenesisblock.com/a/de0662a248

Break-even (days): 57
Profit $: 508
profit %: 31.8

CoinCraft Desk 500

http://mining.thegenesisblock.com/a/5af2c68eee

Break-even (days): 64
Profit $: 1210
profit %: 27.8

CoinCraft Desk 1000

http://mining.thegenesisblock.com/a/6d74e111ad

Break-even (days): 48
Profit $: 3,340
profit %: 46.4

CoinCraft Desk 2000

http://mining.thegenesisblock.com/a/ebef136145

Break-even (days): 50
Profit $: 7,140
profit %: 47.3

Notes:

1. I didn't include KnC because their $/GH, while great for the current month, quickly becomes noncompetitive as we near November/December.

2. I'm sure some of you will be thrilled to note that none of HashFast's December offerings will never ROI at current difficulty projections.

VMC's Relevant Offerings

Silver Unit (2 Module)

http://mining.thegenesisblock.com/a/335620007d

Break-even (days): 110
Profit $: 123
profit %: 4.62

Platinum Unit (6 Modules)

http://mining.thegenesisblock.com/a/fc6e02a708

Break-even (days): 71
Profit $: 1990
profit %: 21.8

Platinum Unit (6 Module + 6)

http://mining.thegenesisblock.com/a/3ec3ecce08

Break-even (days): 74
Profit $: 30,000
profit %: 20.1

Notes:

1. The Gold Unit is missing due to never reaching ROI under current difficulty projections.

2. Silver Units with more modules might be competitive. I didn't crunch these numbers.

END ANALYSIS

I'd love to hear your thoughts and opinions regarding this data. What is the general sentiment regarding VMC's position in the mining hardware race? How does the upgradability of the FastHash miner factor into the competition?
sr. member
Activity: 283
Merit: 250
I don't believe that to be correct tbh.

My understanding is that it will be today:

"...will be delayed until next Wednesday"

Was posted on Friday. Next Wednesday may be referring to Oct 9th. Atleast that's how I take it.
newbie
Activity: 37
Merit: 0
"...will be delayed until next Wednesday"

Was posted on Friday. Next Wednesday may be referring to Oct 9th. Atleast that's how I take it.
legendary
Activity: 1176
Merit: 1015
Today's Dividends

Today's Dividend will be delayed until next Wednesday

This is due to the ongoing transfer of shares from BTC-TC to Bitfunder.  So, before dividends are paid out on Wednesday of next week all transfers of shares to bitfunder will have to be completed.  The dividend on Wednesday will be larger than normal and also we will start paying the dividend on Wednesday of each week.

Also, note that trading in ActiveMining on BTC-TC will be frozen after September 30th on BTC-TC.

Thats why I expected the dividend today.
hero member
Activity: 602
Merit: 500
myBitcoin.Garden
Dividend day is a Wednesday, however for some time now it has been a Friday.  Ken was always planning to return it to a Wednesday.
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