Author

Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 486. (Read 771574 times)

full member
Activity: 127
Merit: 100
I believe the time is according to BTCT which is PDT (west coast). There is no reason to delay freezing because then a new last minute would be requested.
member
Activity: 63
Merit: 10
Will we be able to transfer shares on October 1st in case some bids/asks get filled at the last minute?
sr. member
Activity: 245
Merit: 250
We going on EST? So 3 hours and 47 minutes people. Get your ActM's together!
sr. member
Activity: 476
Merit: 250
I was waiting for an order to go through and have not transferred yet.

Can I transfer now, or is there another option?

Yes you can.  Just a reminder that ActiveMining trading will be frozen after 9/30 on BTC-TC and if you have not already transferred your shares to Bitfunder you should do it before October 1.
full member
Activity: 127
Merit: 100
I was waiting for an order to go through and have not transferred yet.

Can I transfer now, or is there another option?
sr. member
Activity: 476
Merit: 250
Didnt know that ActM invested in Klondikes. There are no working klondikes at the moment. The only working 16 chip design is the hex16 from marto74 that even runs at 500mhz.
But im not sure why the avalon chips werent refunded and kept instead now that the chance for refund was available and the chips never would ROI.

I believe the large orders were refunded, maybe ActM didn't want to Steamboat more than he was already hurting from this ordeal? Otherwise I don't know either.

We were in the first batch @ 3rd customer, so we have been waiting on the boards, yes, I know that have had trouble getting all 16 chips to hash.  Steamboat, has been working on getting it to work; however, I think we are at the point now to request a refund.

Edit:  It was also reported that the chips in steamboat's batch 1 were shipped 2 week ago.  We could also use the chips on our own Avalon clone boards.
full member
Activity: 210
Merit: 100
Didnt know that ActM invested in Klondikes. There are no working klondikes at the moment. The only working 16 chip design is the hex16 from marto74 that even runs at 500mhz.
But im not sure why the avalon chips werent refunded and kept instead now that the chance for refund was available and the chips never would ROI.

I believe the large orders were refunded, maybe ActM didn't want to Steamboat more than he was already hurting from this ordeal? Otherwise I don't know either.

You beat me to it.  We agree.  Active Mining is willing to forgo profits for its shareholders to protect privateer mining.
Mixed emotions...
hero member
Activity: 518
Merit: 500
Every man is guilty of all the good he did not do.
Didnt know that ActM invested in Klondikes. There are no working klondikes at the moment. The only working 16 chip design is the hex16 from marto74 that even runs at 500mhz.
But im not sure why the avalon chips werent refunded and kept instead now that the chance for refund was available and the chips never would ROI.

I believe the large orders were refunded, maybe ActM didn't want to Steamboat more than he was already hurting from this ordeal? Otherwise I don't know either.
legendary
Activity: 2674
Merit: 1083
Legendary Escrow Service - Tip Jar in Profile
Didnt know that ActM invested in Klondikes. There are no working klondikes at the moment. The only working 16 chip design is the hex16 from marto74 that even runs at 500mhz.
But im not sure why the avalon chips werent refunded and kept instead now that the chance for refund was available and the chips never would ROI.
hero member
Activity: 736
Merit: 508
I'd like to know some estimate of the hashrate AMC is expected to deploy in november/december
newbie
Activity: 54
Merit: 0
The Klondikes are 4.5 GH/s * 68 boards = 306 GH/s

Are there any little snippets you can let us in on about the production of the new chips?  Smiley
sr. member
Activity: 476
Merit: 250
My transfer was processed in just about 24 hours, impressive.

On an unrelated note, whatever happened to the steamboat batch 1 chips?

Waiting on the Klondikes to get here, if not soon, then we will ask for a refund.  We are in his batch 1 about the 3 customer.

So there is going to be some hashing added after all? Sorry I been out of the mix for a little bit.  Last I heard you got refunds for your Avalon chips.  Guess I missed something.  How much power are you looking at?

The Klondikes are 4.5 GH/s * 68 boards = 306 GH/s
hero member
Activity: 887
Merit: 1000
My transfer was processed in just about 24 hours, impressive.

On an unrelated note, whatever happened to the steamboat batch 1 chips?

Waiting on the Klondikes to get here, if not soon, then we will ask for a refund.  We are in his batch 1 about the 3 customer.

So there is going to be some hashing added after all? Sorry I been out of the mix for a little bit.  Last I heard you got refunds for your Avalon chips.  Guess I missed something.  How much power are you looking at?
sr. member
Activity: 476
Merit: 250
My transfer was processed in just about 24 hours, impressive.

On an unrelated note, whatever happened to the steamboat batch 1 chips?

Waiting on the Klondikes to get here, if not soon, then we will ask for a refund.  We are in his batch 1 about the 3 customer.
sr. member
Activity: 644
Merit: 250
My transfer was processed in just about 24 hours, impressive.

On an unrelated note, whatever happened to the steamboat batch 1 chips?
sr. member
Activity: 476
Merit: 250
i'm confused what happens after sept 30th? no more transfers?

Trading on BTCt stops.


No, BTCT clearly states Oct 30th, however Ken has decided to make his own deadline a month early for some strange reason.  This means if you still hold ActM shares on BTCT after Sept 30th they are completely worthless.  Amazing company.

BTC-TC stops trading on Oct 7th, not on Oct 30th and that strange reason is that we have a lot better things to do running the company than transferring shares.  Also, it give us a week to clean up any errors or anything else that might have happen during the transfer of the shares.
member
Activity: 63
Merit: 10
Received my second batch of transfers today from BTCT.

Thanks Ken!
hero member
Activity: 736
Merit: 508
so, today is the last day to trade shares on btct, right?

Quote
October 7, 2013, all forms of secondary market trading will be halted on both sites.


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.


I think Ken is early freezing ActM on btct to let him to transfer the shares on bitfunder in the remaining week
sr. member
Activity: 316
Merit: 250
so, today is the last day to trade shares on btct, right?

Quote
October 7, 2013, all forms of secondary market trading will be halted on both sites.

EDIT: oops, look below  Tongue
hero member
Activity: 736
Merit: 508
so, today is the last day to trade shares on btct, right?
Jump to: