Woah some crazy volume sorrounding actm shares on Crypto-Trade //sarcasm
Thats what happens when actm trades on a low volume exchange.
Waiting for coloredcoins/chroma-wallet here. Will wait as long as it takes.
Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] - page 91. (Read 771280 times)
January 23, 2014, 06:50:11 PM
January 23, 2014, 06:36:05 PM
@Zum you are right, after checking your recent post history; I have grouped you with Miner in the group who has recently made wild speculations that have to do with 5x/10x BTC prices to keep the business afloat (this doesn't mean I am biased against what he post). I sincerely apologize.
I can understand that you think BTC will hit 10k, hell. I hope it hits 10k or 20k or 100k, but those are outside the realm of smart investing right now and I'm glad you can see why I think speculating like that is hurting this company. We need to be profitable with the possibility that BTC stays at $800 throughout the entire year).
BTW: Criticism isn't bad as long as it is constructive.
I can understand that you think BTC will hit 10k, hell. I hope it hits 10k or 20k or 100k, but those are outside the realm of smart investing right now and I'm glad you can see why I think speculating like that is hurting this company. We need to be profitable with the possibility that BTC stays at $800 throughout the entire year).
BTW: Criticism isn't bad as long as it is constructive.
January 23, 2014, 06:23:28 PM
The sooner you worrywarts sell up and fuck off, the better. I swear anyone would think the American Dream is dead given the doom and hopelessness that accompanies many of the posts in this thread.
A lot of you sit there mouthing off criticism after criticism when some of us are making a real effort to crunch some numbers and invite discussion so that we can come to a better understanding of where we are at.
So unless you intend on hanging around and benefitting from the success of this company might I suggest you button it, sell up and leave quietly and let the rest of us get on with things.
A lot of you sit there mouthing off criticism after criticism when some of us are making a real effort to crunch some numbers and invite discussion so that we can come to a better understanding of where we are at.
So unless you intend on hanging around and benefitting from the success of this company might I suggest you button it, sell up and leave quietly and let the rest of us get on with things.
I'm all for inviting discussion. You only want discussion that ignores any faults and plans for the extreme best. It is not practical.
List some faults that I have ignored. Then explain why the moment VE posts anything you instantly do a follow up post expressing your support.
55nm chips meeting ROI. 28nm chips meeting ROI. The speculation you guys come up with hinges on BTC price. This is not a smart way of investing your money or running a business. This business needs to be able to see profit even if BTC doesn't go up 5 fold, and needs to be able to stay in the black if BTC goes down 5 fold. You guys don't account for that in any of your estimates and you guys know that we would be deep in the red if you did.
@ The Ve Comment.
I take everyone on this thread at face value, I argued and agreed with Pankkake and Crumbs and VE and You and Stuark and Ken and FFS and Everyone else. I don't care if the rest of the thread (including me) calls them/you a troll, a cheerleader, an idiot. It does not matter, I've stated before I don't ignore anyone and I read as many comments as possible. I'm not here to block out people I don't like, I'm here to check on my investment and make sure I understand exactly where we are at, where we are going, and what obstacles are in our way. This seems to be elude a lot of people on this thread. If someone makes a good point, I'm going to agree with it no matter who makes it.
Kindly address myself as me and not 'you guys' and do not confuse me with anyone else on this thread and honour your own words that you take everyone on this thread at face value please.
I'm not going to disagree that the success of this company is dependant on the value of bitcoin rising. It just so happens I believe that price will explode within six weeks and this year we will see our first $10,000 bitcoins. It would be shortsighted to do business in this space and eliminate that possibility. Now that was hardly a list Jo and it turns out we both agree with each other, so are you sure you haven't confused me with someone else?
January 23, 2014, 06:07:24 PM
@Miner;
- Q2 Goes all the way up to the end of June my friend. That's 5 months away, so I don't know where you guys are getting just April; theres April May and June in Q2 (And this is just to get chips).
- I would also like to know where you are getting 5k per BTC from because I haven't seen BTC even break 2k yet (please at least start you speculation at current BTC price and work from there).
- Just because Ken says he plans to sell 40m worth of hardware does not make it happen. If you wish to factor that in then you should reduce it quite a bit, I think ken said that in November, We might not even get Chips until June. So you should already cut that 40m down to 20m.
- Now I'm not an engineer, and I don't mine BTC myself. But I've heard from multiple people that the 55nm chips Ken is producing are not going to meet ROI. Now if they do, that will be amazing. But I've heard to the contrary way too many times in the last few days. If this is the case, we will not sell 10m worth or 8m worth. Now we might make ROI at cost of making them, but that will not be 10m back into our pockets from inefficient chips.
- Ken says the 28nm are being worked on parallel to the 55nm chips but how far behind are they?
January 23, 2014, 06:04:22 PM
isn't it safe to say that mining with 28nm even as early as February wouldn't make ROI?
For some retail machines you might be right.
Cost of equipment is key. We should be selling budget machines with our 55nm chip and they will ROI because despite being 55nm they will be cheap and they will be very very good custom-build chips. At the GH/W level they will be 65% of the Q2 20nm KnC Neptune.
https://coinplorer.com/Hardware
January 23, 2014, 06:03:13 PM
I'm here to check on my investment and make sure I understand exactly where we are at, where we are going
Let me know if you find an answer to this, as I am looking for the same answer.
January 23, 2014, 05:56:14 PM
The sooner you worrywarts sell up and fuck off, the better. I swear anyone would think the American Dream is dead given the doom and hopelessness that accompanies many of the posts in this thread.
A lot of you sit there mouthing off criticism after criticism when some of us are making a real effort to crunch some numbers and invite discussion so that we can come to a better understanding of where we are at.
So unless you intend on hanging around and benefitting from the success of this company might I suggest you button it, sell up and leave quietly and let the rest of us get on with things.
A lot of you sit there mouthing off criticism after criticism when some of us are making a real effort to crunch some numbers and invite discussion so that we can come to a better understanding of where we are at.
So unless you intend on hanging around and benefitting from the success of this company might I suggest you button it, sell up and leave quietly and let the rest of us get on with things.
I'm all for inviting discussion. You only want discussion that ignores any faults and plans for the extreme best. It is not practical.
List some faults that I have ignored. Then explain why the moment VE posts anything you instantly do a follow up post expressing your support.
55nm chips meeting ROI. 28nm chips meeting ROI. The speculation you guys come up with hinges on BTC price. This is not a smart way of investing your money or running a business. This business needs to be able to see profit even if BTC doesn't go up 5 fold, and needs to be able to stay in the black if BTC goes down 5 fold. You guys don't account for that in any of your estimates and you guys know that we would be deep in the red if you did.
@ The Ve Comment.
I take everyone on this thread at face value, I argued and agreed with Pankkake and Crumbs and VE and You and Stuark and Ken and FFS and Everyone else. I don't care if the rest of the thread (including me) calls them/you a troll, a cheerleader, an idiot. It does not matter, I've stated before I don't ignore anyone and I read as many comments as possible. I'm not here to block out people I don't like, I'm here to check on my investment and make sure I understand exactly where we are at, where we are going, and what obstacles are in our way. This seems to be elude a lot of people on this thread. If someone makes a good point, I'm going to agree with it no matter who makes it.
January 23, 2014, 05:51:59 PM
Utter nonsense, groundless and baseless speculation - ironically more 'Unicorn' in nature than the facts you decry on this thread.
Give it up, Stewie. Compare what you were promised just a week ago to what you have been promised yesterday, and have a good cry.
January 23, 2014, 05:49:41 PM
Utter nonsense, groundless and baseless speculation - ironically more 'Unicorn' in nature than the facts you decry on this thread.
January 23, 2014, 05:47:15 PM
errrr nice try but none of that has been invalidated.
The chip is simply late. Those chip spec details are either correct or will be improved upon with a full custom redesign.
The chip is simply late. Those chip spec details are either correct or will be improved upon with a full custom redesign.
It hasn't? The full-custom chip
I'll answer that for you: no.
Edit: If the full-custom 28nm is indeed going to be no better than the abborted FPGA copy, the two stealth guys Ken hired are worth exactly as much as their 55nm IP: nothing.
Ken will likely give you a "weekly update" at the end of Q2 to the tune of "we decided to buy a stealth startup with highly valuable IP - all vacuum tube hashing cores!
The chassis are taped out with masking tape, and will be ready Q4. We also wrote Intellihash that runs on Intellihash, so you can get moar while you get moar!"
You have to be pretty deluded to still take Ken's "weekly updates" seriously.
January 23, 2014, 05:38:33 PM
errrr nice try but none of that has been invalidated.
The chip is simply late. Those chip spec details are either correct or will be improved upon with a full custom redesign.
Just because there has been a delay (see BTC industry) doesn't make any of that tripe. Your argument is literally nonsensical.
The chip is simply late. Those chip spec details are either correct or will be improved upon with a full custom redesign.
Just because there has been a delay (see BTC industry) doesn't make any of that tripe. Your argument is literally nonsensical.
January 23, 2014, 05:35:36 PM
Are they going to be cheap though? You have no idea. You guys make estimates on the most vague Ideas.
OK so here are the vague ideas you mention:
we purchased the IP which we will also use in our custom 28 nm. UMC is the FAB for the 55 nm.
11mm x 11m package, 1.9 GH/s, 2.5 Watts.
11mm x 11m package, 1.9 GH/s, 2.5 Watts.
2.5W per chip or 1.315789474W/GH
we have a 10.488 TH/s unit with the 55 nm chips. We will also have bulk sales of our 55 nm chip soon.
the 55 nm is a full custom chip.
Will Intellihash be an added bonus to the 1.9GH/s chip or is that already factored in?
No, Intellihash will be a bonus.
We now have 2 Engineers in San Jose and a Project Manager working very closely with eASIC to make sure the project is completed the the shortest time possible.
a lot more customers have $1,000 or $2,000 for a machine than $10,000 for a machine.
RE: our energy cost-
How about 0.017 $/kWh
New Release-
Active Mining is in one of the best positions to take advantage of the Bitcoin network. Once we have our chips and boards in production this year we will be one of only two companies in the world which manufactures Bitcoin mining hardware and also mines. With this combination we have unlimited availability to bitcoin mining hardware only limited by our resources.
So......are we all reading the same forum??
It seems there are limitless numbers of people on here who don't listen to a single word the CEO says. Is that sensible or reasonable? You all invested in this CEO but now you think everything he says is nonsense??! My earlier workout is firmly based around Kens statements. It's based around an average BTC price of 5k USD over 2014. It's all quite conservative in my view. I appreciate not everyone will agree but I don't understand why you all need to get so worked up about my detailed forecast. Why don't some of you create your own forcasts instead of just stamping all over mine offering no counter argument other than - 'you are a cheerleader'. It's a bit pathetic guys.
That's because the same CEO, in the first post of this thread (edited on January 14 lol) was feeding you a totally different load of crap:
Our chips in development
Generation 1: Fast-Hash. 28nm. Each chip's rated frequency is 800 MHz at 1.15V. It translates to 16,000 MH/s because it does 20 hashes per cycle. Chip requires proper handling of heat and power supply. It is expected the chip can be overclocked to 1000 MHz @ 20,000 MH/s
Generation 1: Fast-Hash. 28nm. Each chip's rated frequency is 800 MHz at 1.15V. It translates to 16,000 MH/s because it does 20 hashes per cycle. Chip requires proper handling of heat and power supply. It is expected the chip can be overclocked to 1000 MHz @ 20,000 MH/s
So Science!
Much Precise!
Wow.
Why should anyone still bother listening to that tripe?
January 23, 2014, 05:30:15 PM
The sooner you worrywarts sell up and fuck off, the better. I swear anyone would think the American Dream is dead given the doom and hopelessness that accompanies many of the posts in this thread.
A lot of you sit there mouthing off criticism after criticism when some of us are making a real effort to crunch some numbers and invite discussion so that we can come to a better understanding of where we are at.
So unless you intend on hanging around and benefitting from the success of this company might I suggest you button it, sell up and leave quietly and let the rest of us get on with things.
A lot of you sit there mouthing off criticism after criticism when some of us are making a real effort to crunch some numbers and invite discussion so that we can come to a better understanding of where we are at.
So unless you intend on hanging around and benefitting from the success of this company might I suggest you button it, sell up and leave quietly and let the rest of us get on with things.
I'm all for inviting discussion. You only want discussion that ignores any faults and plans for the extreme best. It is not practical.
List some faults that I have ignored. Then explain why the moment VE posts anything you instantly do a follow up post expressing your support.
January 23, 2014, 05:20:38 PM
Are they going to be cheap though? You have no idea. You guys make estimates on the most vague Ideas.
OK so here are the vague ideas you mention:
we purchased the IP which we will also use in our custom 28 nm. UMC is the FAB for the 55 nm.
11mm x 11m package, 1.9 GH/s, 2.5 Watts.
11mm x 11m package, 1.9 GH/s, 2.5 Watts.
2.5W per chip or 1.315789474W/GH
we have a 10.488 TH/s unit with the 55 nm chips. We will also have bulk sales of our 55 nm chip soon.
the 55 nm is a full custom chip.
Will Intellihash be an added bonus to the 1.9GH/s chip or is that already factored in?
No, Intellihash will be a bonus.
We now have 2 Engineers in San Jose and a Project Manager working very closely with eASIC to make sure the project is completed the the shortest time possible.
a lot more customers have $1,000 or $2,000 for a machine than $10,000 for a machine.
RE: our energy cost-
How about 0.017 $/kWh
News Release-
Active Mining is in one of the best positions to take advantage of the Bitcoin network. Once we have our chips and boards in production this year we will be one of only two companies in the world which manufactures Bitcoin mining hardware and also mines. With this combination we have unlimited availability to bitcoin mining hardware only limited by our resources.
So......are we all reading the same forum??
It seems there are limitless numbers of people on here who don't listen to a single word the CEO says. Is that sensible or reasonable? You all invested in this CEO but now you think everything he says is nonsense??! My earlier workout is firmly based around Kens statements. It's based around an average BTC price of 5k USD over 2014. It's all quite conservative in my view. I appreciate not everyone will agree but I don't understand why you all need to get so worked up about my detailed forecast. Why don't some of you create your own forcasts instead of just stamping all over mine offering no counter argument other than - 'you are a cheerleader'. It's a bit pathetic guys.
January 23, 2014, 04:43:59 PM
On another note anyone haveing a problem viewing CT's site
Have U spelted it rite?
since all you do is troll your are on ignore
( in a indian accent ) Please don't come again
d00d, I sincerely Tried to help you Can't finish a Sentence Without botching It, so check ur spellinks to maek CT Show up in You're Browser
January 23, 2014, 04:36:29 PM
On another note anyone haveing a problem viewing CT's site
Have U spelted it rite?
since all you do is troll your are on ignore
i am just gonna start putting ALL trolls on ignore since i am tired of the B.S. they try to start
( in a indian accent ) Please don't come again
January 23, 2014, 04:34:21 PM
On another note anyone haveing a problem viewing CT's site
Have U spelted it rite?
January 23, 2014, 04:32:38 PM
On another note anyone haveing a problem viewing CT's site
January 23, 2014, 04:29:05 PM
The sooner you worrywarts sell up and fuck off, the better. I swear anyone would think the American Dream is dead given the doom and hopelessness that accompanies many of the posts in this thread.
A lot of you sit there mouthing off criticism after criticism when some of us are making a real effort to crunch some numbers and invite discussion so that we can come to a better understanding of where we are at.
So unless you intend on hanging around and benefitting from the success of this company might I suggest you button it, sell up and leave quietly and let the rest of us get on with things.
A lot of you sit there mouthing off criticism after criticism when some of us are making a real effort to crunch some numbers and invite discussion so that we can come to a better understanding of where we are at.
So unless you intend on hanging around and benefitting from the success of this company might I suggest you button it, sell up and leave quietly and let the rest of us get on with things.
I'm all for inviting discussion. You only want discussion that ignores any faults and plans for the extreme best. It is not practical.
January 23, 2014, 04:24:12 PM
The sooner you worrywarts sell up and fuck off, the better. I swear anyone would think the American Dream is dead given the doom and hopelessness that accompanies many of the posts in this thread.
A lot of you sit there mouthing off criticism after criticism when some of us are making a real effort to crunch some numbers and invite discussion so that we can come to a better understanding of where we are at.
So unless you intend on hanging around and benefitting from the success of this company might I suggest you button it, sell up and leave quietly and let the rest of us get on with things.
A lot of you sit there mouthing off criticism after criticism when some of us are making a real effort to crunch some numbers and invite discussion so that we can come to a better understanding of where we are at.
So unless you intend on hanging around and benefitting from the success of this company might I suggest you button it, sell up and leave quietly and let the rest of us get on with things.
The last time Brits tried bossing my compats around was 1776. Now even drunk old men from Missouri don't take you seriously.
Jump to: