.00142250 on bitfunder. That's a 60% increase on the dayYeah, AMC keeps growing, next day it may be 1 bitcoin/share, I wish
Topic: [AMC]-The Official Active Mining Cooperative Discussion - page 106. (Read 223316 times)
.00142250 on bitfunder. That's a 60% increase on the dayYeah, AMC keeps growing, next day it may be 1 bitcoin/share, I wish
Speaking of btct can you fix the spelling error grammar nazi 
SPRINGFIELD, MO, – June 24, 2013 – Active Mining Corporation (AMC) is announcing today that there will be a join announcement on this coming Thursday June 27, 2013 from AMC and Virtual Mining Corporation (VMC) concerting recent developments in their Researh and Development program. AMC is in the process of being listed on BTCTC as AMC-PT.
Active Mining Corporation is a Belize International Business Company DBA Active Mining Cooperative (AMC).
SPRINGFIELD, MO, – June 24, 2013 – Active Mining Corporation (AMC) is announcing today that there will be a join announcement on this coming Thursday June 27, 2013 from AMC and Virtual Mining Corporation (VMC) concerting recent developments in their Researh and Development program. AMC is in the process of being listed on BTCTC as AMC-PT.
Active Mining Corporation is a Belize International Business Company DBA Active Mining Cooperative (AMC).
Sorry, but there is noway to edit the post.
Ah drats in that case I guess it's permastuck thanks for the reply
Speaking of btct can you fix the spelling error grammar nazi
SPRINGFIELD, MO, – June 24, 2013 – Active Mining Corporation (AMC) is announcing today that there will be a join announcement on this coming Thursday June 27, 2013 from AMC and Virtual Mining Corporation (VMC) concerting recent developments in their Researh and Development program. AMC is in the process of being listed on BTCTC as AMC-PT.
Active Mining Corporation is a Belize International Business Company DBA Active Mining Cooperative (AMC).
SPRINGFIELD, MO, – June 24, 2013 – Active Mining Corporation (AMC) is announcing today that there will be a join announcement on this coming Thursday June 27, 2013 from AMC and Virtual Mining Corporation (VMC) concerting recent developments in their Researh and Development program. AMC is in the process of being listed on BTCTC as AMC-PT.
Active Mining Corporation is a Belize International Business Company DBA Active Mining Cooperative (AMC).
Sorry, but there is noway to edit the post.
Speaking of btct can you fix the spelling error grammar nazi
SPRINGFIELD, MO, – June 24, 2013 – Active Mining Corporation (AMC) is announcing today that there will be a join announcement on this coming Thursday June 27, 2013 from AMC and Virtual Mining Corporation (VMC) concerting recent developments in their Researh and Development program. AMC is in the process of being listed on BTCTC as AMC-PT.
Active Mining Corporation is a Belize International Business Company DBA Active Mining Cooperative (AMC).
SPRINGFIELD, MO, – June 24, 2013 – Active Mining Corporation (AMC) is announcing today that there will be a join announcement on this coming Thursday June 27, 2013 from AMC and Virtual Mining Corporation (VMC) concerting recent developments in their Researh and Development program. AMC is in the process of being listed on BTCTC as AMC-PT.
Active Mining Corporation is a Belize International Business Company DBA Active Mining Cooperative (AMC).
.00142250 on bitfunder. That's a 60% increase on the dayI think it had something to do with lewicki's post composing all of Ken's comments from this thread. I always check this thread every couple of hours and I still missed some of those comments.. Like i wasnt even aware we could visit the place of operation.
.00142250 on bitfunder. That's a 60% increase on the day wow, I've been away for a couple of weeks and so much has happened! Cool stuff.
Can someone explain to me what is the difference between buying the PT shares in BTCt.co or the normal ones in Bitfunder?
Can someone explain to me what is the difference between buying the PT shares in BTCt.co or the normal ones in Bitfunder?
I'm thinking the reason is doing a PT is much less of a hassle than de-listing shares from BF. It also allows for much easier accounting and better balancing of shares between the market volume of both BF and Btct.co.
if this gets listed on BTCT, will somebody please finally write me some fkn put options?
wow, I've been away for a couple of weeks and so much has happened! Cool stuff.
Can someone explain to me what is the difference between buying the PT shares in BTCt.co or the normal ones in Bitfunder?
Can someone explain to me what is the difference between buying the PT shares in BTCt.co or the normal ones in Bitfunder?
A few differences:
Quote
This asset is a pass-through for AMC, the Active Mining Corporation dba Active Mining Cooperative traded on Bitfunder.com.
IPO Terms
For each AMC-PT, one AMC share will be held in AMC's pass-through account on bitfunder.com.
Post-IPO Terms
For each AMC-PT, one AMC will be held in AMC's pass-through account on bitfunder.com or on any exchange where AMC shares are traded.
No management fees will be levied.
Payment of dividends is to be made within 2 weeks of their issuance from AMC.
Dividend payments made more than 72 hours after their issuance from AMC will be paid 100% of the original AMC dividend.
Each share has no voting rights.
More pass-through shares can be issued, provided there is sufficient backing. For example, if there is sufficient demand, then AMC will add more shares to AMC's pass-through account on bitfunder.com. All shares issued will be backed 100% by AMC shares on bitfunder.com.
Transfer
Transfers in and out of the passthru are supported to any exchange where AMC has an account and AMC shares are being activily traded. Such transfers can take some time, due to the manual nature.
Transfers IN or OUT OF AMC-PT will be processed for a 1 BTC fee. Subsequent transfers within the same month OUT OF AMC-PT are subject to a fee of 2 BTC for transfers of 49,999 shares or less.
Transfers IN or OUT OF AMC-PT are always free for any transfer of 50,000 shares or more.
IPO Terms
For each AMC-PT, one AMC share will be held in AMC's pass-through account on bitfunder.com.
Post-IPO Terms
For each AMC-PT, one AMC will be held in AMC's pass-through account on bitfunder.com or on any exchange where AMC shares are traded.
No management fees will be levied.
Payment of dividends is to be made within 2 weeks of their issuance from AMC.
Dividend payments made more than 72 hours after their issuance from AMC will be paid 100% of the original AMC dividend.
Each share has no voting rights.
More pass-through shares can be issued, provided there is sufficient backing. For example, if there is sufficient demand, then AMC will add more shares to AMC's pass-through account on bitfunder.com. All shares issued will be backed 100% by AMC shares on bitfunder.com.
Transfer
Transfers in and out of the passthru are supported to any exchange where AMC has an account and AMC shares are being activily traded. Such transfers can take some time, due to the manual nature.
Transfers IN or OUT OF AMC-PT will be processed for a 1 BTC fee. Subsequent transfers within the same month OUT OF AMC-PT are subject to a fee of 2 BTC for transfers of 49,999 shares or less.
Transfers IN or OUT OF AMC-PT are always free for any transfer of 50,000 shares or more.
wow, I've been away for a couple of weeks and so much has happened! Cool stuff.
Can someone explain to me what is the difference between buying the PT shares in BTCt.co or the normal ones in Bitfunder?
Can someone explain to me what is the difference between buying the PT shares in BTCt.co or the normal ones in Bitfunder?
"The recouped NRE and royalty payment from VMC will be used to make AMC the largest Bitcoin Mining Farm
in the world."
That line alone, does it for me.
in the world."
That line alone, does it for me.
Btw great promo, pity i didn't buy more shares :-) still i have some funds waiting for brct.to listing. Stock fever like apple some years ago, have to be patient for correction... btw Ken, you should have also own trading department and make more profits like marketmaker :-) just joking. If you keep your plans, price will go much higher
AMC-PT is a few days now waiting for approval on btct.co and no one has read thoroughly the description? 
https://btct.co/security/AMC-PT
Hint: Details tab > Ctrl+F "NRE"
Lol! Yes, let's hope everyone survives the wait...
https://btct.co/security/AMC-PT
Hint: Details tab > Ctrl+F "NRE"
VMC and AMC will be making a joint announcement this coming Thursday about
their Research And Development.
Timer removed. End time: 2013-06-27+18:00:00
their Research And Development.
Timer removed. End time: 2013-06-27+18:00:00
Lol! Yes, let's hope everyone survives the wait...
Compiled list of posts of kslaughter concerning the upcoming news:
It looks like AMC has an Avalon protoype being wrapped up in the next week or two, and news about AMC's own proprietary chip is being released this upcoming thursday.
This along with 5 million shares being sold on BTC-TC after approval tells me that we will be moving forward with AMC's chip design since:
We have a few weeks ahead of us that will be very interesting.
If we make it through August alive, look out.
| 6/16/2013 | We will have the prototype build[sic] in about 3 weeks, this is a clone of the Avalon without any changes, so it is already tested. We will be posting pictures of the prototype when we receive it. |
| 6/16/2013 | Anyone who want to come to our manufacturing location at 450 H S. Union in Springfield, Missouri is welcome, just give us a call at 855-One-Bitcoin (663-2482) so we can arrange a time to meet you. Also, just had a meeting last Thursday for the first time with a fellow miner here is Springfield. His forum name is rustyh17, I am sure if you sent him a PM he would tell you that I am a real person. He has offered to help us set up our manufacturing line. |
| 6/16/2013 | Our prototype is in the process of being build[sic]. The estimate on the time to get it completed is three weeks. The Avalon clones we are building do not scale, so we will have a trade in program for our customers to protect their investment in our bitcoin mining equipment. How we plan to scale to 1.28 TH/s is with our own PCIe board which uses that interface for communications. What that does in our system is that it allows up to go from 1 card ~20 GH/s to 64 cards using the main system plus 4 expansion cases. So 64 cards time 20 GH/s = 1,280 GH/s or 1.28 TH/s Now, to do the 4.8 TH/s is a box uses the same set up above, but has our next generation cards in the unit. Each card will be 75 GH/s. These specification are subject to change as we are still working on our 45nm and 28nm chips. The plan for the 45nm and or 28nm chip is to build the card about and an even fast[sic] card with the 28nm chip. |
| 6/18/2013 | ...our future series will have a motherboard and you will be able to mine LTC with the CPU on those units. |
| 6/18/2013 | I have been busy getting our own chip going. |
| 6/18/2013 | We are waiting on some results for our own chip before we would make a decision on BFL chips. |
| 6/20/2013 | The news we have received is still unfolding and may take a few more days before it is released. |
| 6/20/2013 | Don't worry, should AMC need to release more shares to the public, it will be due to the fact that we are in need of capital 1) to develop the chip we are working on, 2) to complete the increase in the hashing rate with the chips we have on order. 3) to increase the hashing rate of the cooperative by purchasing more chips. |
| 6/22/2013 | by building the Avalon clones we have gained valuable experience and have hired an excellent Electronic Engineering and Manufacturing Services firm to help us with the design. We might be a little behind the ball for selling these machines, however AMC will have there own supply of machines by the end of August to start mining with. These machines will have an ROI at retail (which AMC is not paying) of ~30-45 days. So, AMC unlike any other mining cooperative does not have to depend on some manufacture i.e Avalon, BFL, KnC or anyone else to get its machines to mine with. This a very big advantage for AMC and was the plan from the beginning. Now, since AMC is working on developing its own chip, news to come soon on that front, it is very possible that we could move from being behind the ball to being in front of the ball. |
| 6/22/2013 | News is coming soon! |
| 6/23/2013 | Not yet, hold on to your horses. |
It looks like AMC has an Avalon protoype being wrapped up in the next week or two, and news about AMC's own proprietary chip is being released this upcoming thursday.
This along with 5 million shares being sold on BTC-TC after approval tells me that we will be moving forward with AMC's chip design since:
Quote
Don't worry, should AMC need to release more shares to the public, it will be due to the fact that we are in need of capital 1) to develop the chip we are working on, 2) to complete the increase in the hashing rate with the chips we have on order. 3) to increase the hashing rate of the cooperative by purchasing more chips.
We have a few weeks ahead of us that will be very interesting.
If we make it through August alive, look out.
VMC and AMC will be making a join announcement this coming Thursday about
their Research And Development.
An announcement about an announcement. Hmm their Research And Development.
So... nothing for sale yet on BTC-TC?
VMC and AMC will be making a join announcement this coming Thursday about
their Research And Development.
their Research And Development.
Trying to build up some hype!!! (stock prices)
Where did all those lovely call options go, all of a sudden? 
Could be good or bad news. Making chips is expensive, I would expect some shares to be sold to pay for the costs by now.
Where did all those lovely call options go, all of a sudden?
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