Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 79. (Read 771280 times)

Ugghhh, how many difficulty adjustments in 5 months?

15?

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.

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.

No.

Of course not, I was kidding.

The thread is driving me slowly insane, and the amount of idiots, sock puppets and trolls sure helps.

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.

Yeah, this makes complete sense.

Then why do you want to invest?

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.

TLDR; You still cant claim nor trade your shares.

Those would be Uykos seized shares for the whole weex/bitfunder fiasco.

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.

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.

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

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.

I had better return from Labcoin... 

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.

How long after CT setup will the accrued dividends be payed out? And how much is it per share at the moment?

^^Typical ActM prognosticator fail^^

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.