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Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 79. (Read 771512 times)

sr. member
Activity: 448
Merit: 250
Ugghhh, how many difficulty adjustments in 5 months?

15?

sr. member
Activity: 330
Merit: 250
...
I personally believe that Ken will have these 55nm's hashing soon
...

Your definition of "soon" is quite different than mine.

It is my understanding that Ken will get the chips Q2, 2014.
Since this is ActM, you should always assume the worst, and that means june 30'th, ie: more than 5 months from now.

That is several lifetimes away in Bitcoin time.
legendary
Activity: 1176
Merit: 1015
Hang in bro; not much longer!  In two days, when you get your shares back on CT, you'll show everyone just how wrong they are.

What a fabulous post!

When we trade and the share price hits crazy lows, lows that only EduardoDeCastro could have predicted. We will have to admit utter defeat and bow to the trolls amazing foresight.

Except you're not an amazing unique snowflake that holds powers of observation beyond ours dreams. It's freaking obvious the price will stink, too many people have wanted out for too long, we are still in uncertain waters and with the Bitcoin price where it is there is no chance the shares will maintain 0.0005+

So really you haven't poured any constructive information into this forum, you simply regurgitate the obvious as if it's some insight we are all not aware of.

The shares will stink, until the 55nm ships, and then the price will slowly climb. Once we get a solid specification for a 100GH/s+ 28nm chip the shares will stabilize around 0.001 and once the 28nm ship, unless a massive player (AMD, Intel, IBM) gets involved in mining I see our price settling in around 0.003 at full capacity.

It's still a loss on my investment but in todays world I am a happy cat.
sr. member
Activity: 378
Merit: 250
The good thing is that it looks like difficulty should be "leveling-off" by the end of this year.

The difficulty will level off when it becomes unprofitable for the best ASIC manufacturers to sell chips. This won't change as long as basic economic laws hold.  Rising tide floats all boats yadda yadda yadda.
No.
member
Activity: 112
Merit: 10
Seriously? Electerium's post is only meant to troll.

Of course not, I was kidding.

The thread is driving me slowly insane, and the amount of idiots, sock puppets and trolls sure helps.
legendary
Activity: 1176
Merit: 1015
I want to invest into this company, but all i see is complete vaporware.
[...]
until then i cannot believe anyone would be a part of this venture.
Yeah, this makes complete sense.

Seriously? Electerium's post is only meant to troll. He knows he can't invest and he knows no one has bought shares in recent times.

Most of us invested when the chips seemed to be on time and around the corner, we had no evidence of delays at that point.

So this baloney about "i cannot believe anyone would be a part of this venture" is misleading, because no one has invested in the past several months when all these problems came to light.

Yeah I too cannot understand why people would want to be apart of this venture right now, until recently we were 98% in the dark and it seemed everything that could go wrong went wrong.

However Electerium, you already knew that no one has invested recently didn't you? You're only here to troll, because you haven't said anything constructive at all.

I personally believe that Ken will have these 55nm's hashing soon and I am hopeful about the 28nm specification. It must be 100GH/s+ at least per chip to stay competitive.

However this belief is personal and I would still recommend all newcomers to stay very clear from this investment until we ship our first ASIC miner that has our chips at it's core.

If the 55nm is quick and the 28nm impressive, I honestly believe we could be sitting on a gold mine. But I need evidence of product shipped, and until then cannot in good faith encourage newcomers into this security.

However the trolls are far more doom and gloom than the actual situation and this is actually just entertainment to them. They are laughing behind their computer screens as they cause the investors to continually pump the number of pages into the thousands making any useful information fade into the noise.
member
Activity: 112
Merit: 10
I want to invest into this company, but all i see is complete vaporware.
[...]
until then i cannot believe anyone would be a part of this venture.
Yeah, this makes complete sense.
newbie
Activity: 4
Merit: 0
I want to invest into this company, but all i see is complete vaporware.

Then why do you want to invest?
full member
Activity: 179
Merit: 100
I want to invest into this company, but all i see is complete vaporware.


No proof tapeout exists or occurred
no proof of ownership of this new IP
no proof of ANYTHING


How can I invest into this thing when the press release is 3 sentences, that's backed up by nothing but hot air?

kslaughter would have a lot more people on his side, a lot less complaining, and certainly a lot less wild accusations thrown around if he'd spend a little more time showing proof that whatever he says, is actually real and happening.

then i'd invest. until then i cannot believe anyone would be a part of this venture.
hero member
Activity: 583
Merit: 500
Bitcoin for all & all for Bitcoin
TLDR; You still cant claim nor trade your shares.
member
Activity: 68
Merit: 10
Those would be Uykos seized shares for the whole weex/bitfunder fiasco.
newbie
Activity: 33
Merit: 0
I have registered an account with crypto trade with the same email as bitfunder. How do I claim my shares now? I see that shares are being traded.
newbie
Activity: 56
Merit: 0
How long after CT setup will the accrued dividends be payed out? And how much is it per share at the moment?

Currently publicly known balance is roughly 55 BTC, or 0.0000055 per share.  These have been accruing since the last week of October.  Current rate is less than 5BTC a month to be split between 10M shares, or less than 0.0000005 per share per month.  We're not that many retargets away from making less than a Satoshi per week, per share.

I had better return from Labcoin...  Cheesy

So did I.  I figured we would have had a turn-on of at least 24TH/s by now if the project ended up being successful.  At this point, February looks like a wash for launch and March launch turns into a mining failure unless Intellihash is a time machine that is able to hash at a difficulty several months in the past.

The good thing is that it looks like difficulty should be "leveling-off" by the end of this year.

The difficulty will level off when it becomes unprofitable for the best ASIC manufacturers to sell chips. This won't change as long as basic economic laws hold.  Rising tide floats all boats yadda yadda yadda.
sr. member
Activity: 378
Merit: 250
How long after CT setup will the accrued dividends be payed out? And how much is it per share at the moment?

Currently publicly known balance is roughly 55 BTC, or 0.0000055 per share.  These have been accruing since the last week of October.  Current rate is less than 5BTC a month to be split between 10M shares, or less than 0.0000005 per share per month.  We're not that many retargets away from making less than a Satoshi per week, per share.

I had better return from Labcoin...  Cheesy

So did I.  I figured we would have had a turn-on of at least 24TH/s by now if the project ended up being successful.  At this point, February looks like a wash for launch and March launch turns into a mining failure unless Intellihash is a time machine that is able to hash at a difficulty several months in the past.

The good thing is that it looks like difficulty should be "leveling-off" by the end of this year.
member
Activity: 85
Merit: 10
How long after CT setup will the accrued dividends be payed out? And how much is it per share at the moment?

Currently publicly known balance is roughly 55 BTC, or 0.0000055 per share.  These have been accruing since the last week of October.  Current rate is less than 5BTC a month to be split between 10M shares, or less than 0.0000005 per share per month.  We're not that many retargets away from making less than a Satoshi per week, per share.

I had better return from Labcoin...  Cheesy

So did I.  I figured we would have had a turn-on of at least 24TH/s by now if the project ended up being successful.  At this point, February looks like a wash for launch and March launch turns into a mining failure unless Intellihash is a time machine that is able to hash at a difficulty several months in the past.
legendary
Activity: 2786
Merit: 1031
How long after CT setup will the accrued dividends be payed out? And how much is it per share at the moment?

Currently publicly known balance is roughly 55 BTC, or 0.0000055 per share.  These have been accruing since the last week of October.  Current rate is less than 5BTC a month to be split between 10M shares, or less than 0.0000005 per share per month.  We're not that many retargets away from making less than a Satoshi per week, per share.

I had better return from Labcoin...  Cheesy
member
Activity: 85
Merit: 10
How long after CT setup will the accrued dividends be payed out? And how much is it per share at the moment?

Currently publicly known balance is roughly 55 BTC, or 0.0000055 per share.  These have been accruing since the last week of October.  Current rate is less than 5BTC a month to be split between 10M shares, or less than 0.0000005 per share per month.  We're not that many retargets away from making less than a Satoshi per week, per share.
newbie
Activity: 54
Merit: 0
How long after CT setup will the accrued dividends be payed out? And how much is it per share at the moment?
newbie
Activity: 42
Merit: 0
Those numbers seem way off. For example, Bitfury chips get around 2GH/s and they probably get ~4k dies out of a single wafer. Your cost for a fully processed wafer is also low, though not enough to even out with being possibly 20x on the number of chips.
Cost should be a lot lower than $2/GH/s at the board level to have chance of being competitive though. Cointerra is selling May delivery units in a chassis with cooling, controller and power supplies for $3/GH/s, and that's including markup to cover overhead. Cost for a 55nm product with chips shipping even in Q2 will have to be way below $1GH/s at the board level to be sensible.

Right, should have thought longer about that. [excuses]

Also, yah, should have thought twice about [not sure what] so don't know what I was thinking there.

^^Typical ActM prognosticator fail^^
hero member
Activity: 602
Merit: 500
myBitcoin.Garden
Nice one.  Let's hope for the detailed responses we'd like.  I do think that minerpart has a point in that Ken may or may not be in a position to give full answers to everything even if he were willing, but we'll see.
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