[ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 486.

Effayy

member

Activity: 75

Merit: 10

Quote from: kslaughter on September 30, 2013, 08:24:55 PM

Quote from: Nootnewbie on September 30, 2013, 07:40:16 PM

Will we be able to transfer shares on October 1st in case some bids/asks get filled at the last minute?

No

Edit: To be clear, the time to transfer will run out when it is not 9/30 anywhere in the world, since I did not state a time zone. Which is UTC -12. We must receive in our email box your transfer before 12:00 UTC on October 1, 2013

Just curious. What will happen to those shares held by investors who haven't responded to you by the deadline?

kslaughter

sr. member

Activity: 476

Merit: 250

Quote from: Nootnewbie on September 30, 2013, 07:40:16 PM

Will we be able to transfer shares on October 1st in case some bids/asks get filled at the last minute?

No

Edit: To be clear, the time to transfer will run out when it is not 9/30 anywhere in the world, since I did not state a time zone. Which is UTC -12. We must receive in our email box your transfer before 12:00 UTC on October 1, 2013

Nootnewbie

member

Activity: 63

Merit: 10

I don't think freezing should be delayed either. Just want to make sure that should an order get filled at the very last moment. That those still holding shares can have a little grace period to transfer after all trading has ceased.

zefyr0s

sr. member

Activity: 245

Merit: 250

Quite, exit your positions ahead of time. You can pick up again on BF.

BTCThousandaire

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.

Nootnewbie

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?

zefyr0s

sr. member

Activity: 245

Merit: 250

We going on EST? So 3 hours and 47 minutes people. Get your ActM's together!

kslaughter

sr. member

Activity: 476

Merit: 250

Quote from: BTCThousandaire on September 30, 2013, 07:10:05 PM

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.

BTCThousandaire

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?

kslaughter

sr. member

Activity: 476

Merit: 250

Quote from: Bargraphics on September 30, 2013, 06:43:12 PM

Quote from: SebastianJu on September 30, 2013, 06:40:47 PM

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.

crumbs

full member

Activity: 210

Merit: 100

Quote from: Bargraphics on September 30, 2013, 06:43:12 PM

Quote from: SebastianJu on September 30, 2013, 06:40:47 PM

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...

Bargraphics

hero member

Activity: 518

Merit: 500

Every man is guilty of all the good he did not do.

Quote from: SebastianJu on September 30, 2013, 06:40:47 PM

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.

SebastianJu

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.

Pompobit

hero member

Activity: 736

Merit: 508

I'd like to know some estimate of the hashrate AMC is expected to deploy in november/december

shrodes

newbie

Activity: 54

Merit: 0

Quote from: kslaughter on September 30, 2013, 06:12:03 PM

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?

kslaughter

sr. member

Activity: 476

Merit: 250

Quote from: redbeans2012 on September 30, 2013, 06:05:07 PM

Quote from: kslaughter on September 30, 2013, 05:56:32 PM

Quote from: Ozymandias on September 30, 2013, 05:50:37 PM

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

redbeans2012

hero member

Activity: 887

Merit: 1000

Quote from: kslaughter on September 30, 2013, 05:56:32 PM

Quote from: Ozymandias on September 30, 2013, 05:50:37 PM

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?

kslaughter

sr. member

Activity: 476

Merit: 250

Quote from: Ozymandias on September 30, 2013, 05:50:37 PM

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.

Ozymandias

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?

kslaughter

sr. member

Activity: 476

Merit: 250

Quote from: VolanicEruptor on September 29, 2013, 11:22:21 AM

Quote from: Sou on September 29, 2013, 12:23:36 AM

Quote from: superduh on September 29, 2013, 12:14:41 AM

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.

Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 486. (Read 771288 times)