[ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 53.

mainline

newbie

Activity: 56

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Quote from: JoTheKhan on February 02, 2014, 08:53:24 PM

@Main I agree, I don't think its a hard task at all. But there were times where we sat and decided to wait for Colored coins. You can't hold this time against Ken if we (not I, I was always for Crypto Trade But we as in the forum) told him that we wanted to wait for Colored Coins. I mean look back one page and you see someone else suggesting that we wait 2 More weeks for Colored Coins. This has been popping up through all of November and December, even some in January.

You can't scream at him to wait for Colored coins and then put it against him that he didn't do the implementation for Crypto Trade yet. That's just retarded. There were stupid polls and long fights about how everyone wants to do Colored Coins or w/e. So if anything you can say that Ken has had since Mid/Late December to have Crypto Trade up and running for us. Not since Mid November.

So if we are going to claim Ken has been neglectful with shares then we will have to say since Late December or the Beginning of January till Now. Still you are right, it should be done by now. If it comes down to it, he should just start doing it manually and grab the people who can to ship shares over to CryptoTrade while he has the free time to do so each week. (Like how he did from BTCT to Bitfunder)

This is bordering on absurd.

1. Regardless of whether Ken wanted to move to CT or CC, verification needed to be done, so the script should have been written. (yes/no)

2. Yes, a bunch of goofballs wanted CC. They still do, Nothing changed. I guess we'll have to wait til all the kids agree, right?

*Ken didn't listen then and he's not listening now, he's not running a kindergarten where children start polls & he bases business decisions on those. At least you have something to be thankful for here.

@MWM: Yes.

MilkyWayMasta

full member

Activity: 221

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Quote from: JoTheKhan on February 02, 2014, 09:00:55 PM

@ Milky seems you are right.

12 * 1.34 Gives us 16.08 * 1.34 Gives us 21.54 which seems rather close to the increase we are seeing month after month. So around 35% - 40% increase I suppose every 2 Weeks from his suggestions.

Does a 78% monthly increase in the difficulty mean a 78% increase in the hashrate? I'm just trying to see what percentage of the mining ACTM will control in May.

JoTheKhan

sr. member

Activity: 378

Merit: 250

@ Milky seems you are right.

12 * 1.34 Gives us 16.08 * 1.34 Gives us 21.54 which seems rather close to the increase we are seeing month after month. So around 35% - 40% increase I suppose every 2 Weeks from his suggestions.

MilkyWayMasta

full member

Activity: 221

Merit: 100

Quote from: JoTheKhan on February 02, 2014, 08:54:54 PM

Quote from: MilkyWayMasta on February 02, 2014, 08:49:05 PM

Quote from: kslaughter on February 02, 2014, 08:43:17 PM

Profit Projections On Our 55nm Deployment

What do you see the hashrate being during May?

If you notice it says a 78% Increases every 2 weeks and has May starting at 12 Billion. (Current difficulty is just a little over 2Billion)

It says a 78% increase per month not every 2 weeks. So the hashrate would increase by 78% a month?

JoTheKhan

sr. member

Activity: 378

Merit: 250

Quote from: MilkyWayMasta on February 02, 2014, 08:49:05 PM

Quote from: kslaughter on February 02, 2014, 08:43:17 PM

Profit Projections On Our 55nm Deployment

What do you see the hashrate being during May?

If you notice it says a 78% Increases every 2 weeks and has May starting at 12 Billion. (Current difficulty is just a little over 2Billion)

JoTheKhan

sr. member

Activity: 378

Merit: 250

@Main I agree, I don't think its a hard task at all. But there were times where we sat and decided to wait for Colored coins. You can't hold this time against Ken if we (not I, I was always for Crypto Trade But we as in the forum) told him that we wanted to wait for Colored Coins. I mean look back one page and you see someone else suggesting that we wait 2 More weeks for Colored Coins. This has been popping up through all of November and December, even some in January.

You can't scream at him to wait for Colored coins and then put it against him that he didn't do the implementation for Crypto Trade yet. That's just retarded. There were stupid polls and long fights about how everyone wants to do Colored Coins or w/e. So if anything you can say that Ken has had since Mid/Late December to have Crypto Trade up and running for us. Not since Mid November.

So if we are going to claim Ken has been neglectful with shares then we will have to say since Late December or the Beginning of January till Now. Still you are right, it should be done by now. If it comes down to it, he should just start doing it manually and grab the people who can to ship shares over to CryptoTrade while he has the free time to do so each week. (Like how he did from BTCT to Bitfunder)

MilkyWayMasta

full member

Activity: 221

Merit: 100

Quote from: kslaughter on February 02, 2014, 08:43:17 PM

Profit Projections On Our 55nm Deployment

What do you see the hashrate being during May?

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

28 days break even

mainline

newbie

Activity: 56

Merit: 0

Quote from: JoTheKhan on February 02, 2014, 08:18:11 PM

@Mainline the hangup isn't that he needs our email addresses. You know this, the hangup is making a secure and automated way for share liquidation.

I'm not sure how much more explicit I could be, but I'll try:

Regardless of what this "secure and automated" process is, its necessity has not changed over the past three months.
It was clear since BitFunder closure announcement that a script will have to be scribed if this procedure was to be automated.
No new information emerged, other than some bullshit claim by Ken that he was "coding the legal requirements" for moving his Belize-registered Virtual Identity [sic] to a Hon Cong Exchange. Or some such.

This script - a basic web form, FFS, should have been written by one of Ken's kinfolk a months ago, a database and div disbursment script written, and... come on, this is really really basic shit! This is Ken's management style in a nutshell: Ignore problem, do nothing about it yourself, hire no one to do it for you, and lie when shit hits the fan.

kslaughter

sr. member

Activity: 476

Merit: 250

Profit Projections On Our 55nm Deployment

JoTheKhan

sr. member

Activity: 378

Merit: 250

@Mainline the hangup isn't that he needs our email addresses. You know this, the hangup is making a secure and automated way for share liquidation.

kslaughter

sr. member

Activity: 476

Merit: 250

Quote from: EskimoBob on February 02, 2014, 03:10:51 PM

Quote from: kslaughter on January 31, 2014, 06:12:18 PM

Quote from: mainline on January 31, 2014, 01:55:19 PM

Quote from: kslaughter on January 31, 2014, 01:34:03 PM

... After the program verifies your shares, we will send a list of verified shareholders to CT, where they will create the account if not already created and add the verified number of shares to the account.

So you haven't even started the process yet?

Yes, I have been working on it for awhile; however, the trip to the west coast to get the 55nm chip, working with eASIC to change to a custom 28nm chip, getting us on the February run at UMC so that we could have chips in mid april has buy theen my priority this month.

Do you know what UPS stands for? They ship shit around the globe. Fast. I guess you just cant resist travelling with investors coin? First class perhaps?

@EskimoBob When I said "to get the 55nm chip" it was not to go there a put a 55nm chip in my hand. It was to negotiate a deal to buy the assets of a start up company. You need to do that face to face.

mainline

newbie

Activity: 56

Merit: 0

Quote from: mainline on February 02, 2014, 07:35:23 PM

...
Did it suddenly dawn on everyone after all this time that "Hey guise, we might need an email to transfer shares - whadda yall think?"

Was the thinking along the lines of "since we got all this time to watch the empty workbenches be empty, let's put off basic shit until we're really fucked!"

But seriously - since Ken's kinfolk are drawing pay, why not teach one of the brighter ones how to do some of the chores? After all, I hear some of them other multimillion multinationals actually hire *real people who know what they're doing*?

Sebastian, it has been three months of solid thumb-fiddling, and now the hangup is "Ken needs our email addys"?

P.S: Should i scrape this thread and find the bit where Ken tells you that he's programming law into his fancy claim portal?
P.P.S: Found this whopper while looking for a quote:

Quote from: kslaughter on November 12, 2013, 01:54:06 PM

...
This is very important to us. This is our moto: "If You Make Your Customers Successful, You Will Be Successful". Now that being said we have no control over the difficulty, so we are working on R & D to make our machines run faster. Now, here is our promise to our customers, if at anytime before we ship the machine to our customer and the machine will not return a positive ROI within the first year, we will at their option refund 100% of the purchase price of the machine.

Totally forgot about Ken's motto and his miner protection plan.
BRB, grep.

JoTheKhan

sr. member

Activity: 378

Merit: 250

The transfer took place on Bitfunder. So we check our personal Transaction Logs to show us our transaction. Our Transaction logs show us who we sent shares to and who sent us shares. But it shows them as Usernames, not email addresses. Your email addresses are private. So a Stand transaction will be like

To: AMC-TENDER DATE: XX/XX/XX XX:XX:XX
70000 ActiveMining Shares

Kens will show:

From: Isentshares DATE: XX/XX/XX XX:XX:XX
70000 ActiveMining Shares

No email addresses are shown.

mainline

newbie

Activity: 56

Merit: 0

Quote from: JoTheKhan on February 02, 2014, 07:21:22 PM

No one has sent Ken anything.

Ok to simplify this. Each Shareholder shares the information that both they and Ken have: Username, # Of Shares, Date/Time sent to AMC-TENDER. (To have all three pieces of this information you have to have gotten it off your transaction log, this is why you should have taken a Screen shot of your transaction log, so you can pull this information up from the image).

Once this is verified, The Shareholder gives Ken their email address. Ken creates an account on CryptoTrade for this email address and gives them the # of shares.

No image swapping is done, Ken already knows who has what shares, he just doesn't have our email addresses to make our Crypto Trade accounts w/ our shares in it.

I'm still trying to understand this. Why was the email not part of transferring your shares to Ken? (am i reading you right?)
Did it suddenly dawn on everyone after all this time that "Hey guise, we might need an email to transfer shares - whadda yall think?"

Was the thinking along the lines of "since we got all this time to watch the empty workbenches be empty, let's put off basic shit until we're really fucked!"

But seriously - since Ken's kinfolk are drawing pay, why not teach one of the brighter ones how to do some of the chores? After all, I hear some of them other multimillion multinationals actually hire *real people who know what they're doing*?

JoTheKhan

sr. member

Activity: 378

Merit: 250

No one has sent Ken anything.

Ok to simplify this. Each Shareholder shares the information that both they and Ken have: Username, # Of Shares, Date/Time sent to AMC-TENDER. (To have all three pieces of this information you have to have gotten it off your transaction log, this is why you should have taken a Screen shot of your transaction log, so you can pull this information up from the image).

Once this is verified, The Shareholder gives Ken their email address. Ken creates an account on CryptoTrade for this email address and gives them the # of shares.

No image swapping is done, Ken already knows who has what shares, he just doesn't have our email addresses to make our Crypto Trade accounts w/ our shares in it.

mainline

newbie

Activity: 56

Merit: 0

Quote from: JoTheKhan on February 02, 2014, 07:02:53 PM

...Thankfully we won't be sending our images to Ken. Our images show/remind us The exact date and time we sent shares to Ken. His image shows him the date and time he recieved shares and from whom. We don't need to show our image to anyone, we just need to know the date and time and the # of shares that our images show us. There is no image to edit and no one to trick. We don't post our image anywhere.

So wait, you went through all that crap of sending Ken all of your info ... everything but your email addy? RU SERIUS? Cheesy

I mean, i'm a pretty credulous guy, but you're piling this on a bit thick.

Did no one think of including an email addy til nao?

"Guise, it feels like we mighta left something out... Nah, good 'nuff! We're only worth a few mil, amirite?"

Muppets

JoTheKhan

sr. member

Activity: 378

Merit: 250

Quote from: mainline on February 02, 2014, 07:00:43 PM

Lol, you are beyond belief...

Thankfully we won't be sending our images to Ken. Our images show/remind us The exact date and time we sent shares to Ken. His image shows him the date and time he recieved shares and from whom. We don't need to show our image to anyone, we just need to know the date and time and the # of shares that our images show us. There is no image to edit and no one to trick. We don't post our image anywhere.

mainline

newbie

Activity: 56

Merit: 0

Lol, you are beyond belief... What idiot would verify anything worth anything with a screencap?

http://s3.postimg.org/n8x2esyzn/Capture.jpg

*and no, this wasn't "photoshopped."

JoTheKhan

sr. member

Activity: 378

Merit: 250

@Mainline now you understand whats the point of the software right?

I'm not saying Ken has done a great job since then, I am just showing you what he plans to do and needs to do to remedy the situation. He has to establish what email address goes with what shares so the right CryptoTrade accounts get the shares, the asset list doesn't have it and his transaction log doesn't have it. Thats why we needed to take Screenshots of our transaction log so we can match up our timestamp with his to prove which shares are ours. (e.g. I sent you 70000 Shares from the username Isentshares at 9:32:14am EST, my email is [email protected] and I do not have a Crypto Trade account). He can then just make a program to parse this information and send it to crypto trade to make an account for Isentshares, instead of doing it 400 Times manually.

If you didn't send shares to AMC-TENDER then you need to be able to sign your message from your Public address.

EDIT: Quick question; now have I assumed anything? Have I made irrational assumptions from no information? I would like to remedy any of these I have or clear the air sort to speak.

Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 53. (Read 771512 times)