Bitcoin Forum

Economy => Securities => Topic started by: VolanicEruptor on October 31, 2013, 08:48:26 PM



Title: Activemining - Ken deleted this post
Post by: VolanicEruptor on October 31, 2013, 08:48:26 PM
Quote
"it seems to double every month, so if its 4TH now, then it should be 16TH by Jan 1st.."

very interestingly, Ken Slaughter decided to delete this post.  Why would he not want us predicting network hash rate? 
I also find it very disturbing how fast my posts get deleted -- disturbing because this means Ken literally sits on his ass in front of his computer all day moderating the thread, only to post a few vague comments here and there.  This man is highly disturbing.  He should go walk his dog once in awhile. 


Title: Re: Activemining - Ken deleted this post
Post by: iCEBREAKER on October 31, 2013, 09:10:47 PM
Quote
"it seems to double every month, so if its 4TH now, then it should be 16TH by Jan 1st.."

very interestingly, Ken Slaughter decided to delete this post.  Why would he not want us predicting network hash rate? 
I also find it very disturbing how fast my posts get deleted -- disturbing because this means Ken literally sits on his ass in front of his computer all day moderating the thread, only to post a few vague comments here and there.  This man is highly disturbing.  He should go walk his dog once in awhile. 


Stop posting in the cheerleader thread.  Help us keep crumb's thread bumped instead.

https://bitcointalk.org/index.php?topic=297530.0

Active Mining has shuttered up its discussion thread, opting instead for a self-moderated one, populated by socks & cheerleaders.
I offer this thread as an open, uncensored forum for ActM discussion.



Title: Re: Activemining - Ken deleted this post
Post by: VolanicEruptor on October 31, 2013, 11:51:40 PM
Quote
"it seems to double every month, so if its 4TH now, then it should be 16TH by Jan 1st.."

very interestingly, Ken Slaughter decided to delete this post.  Why would he not want us predicting network hash rate? 
I also find it very disturbing how fast my posts get deleted -- disturbing because this means Ken literally sits on his ass in front of his computer all day moderating the thread, only to post a few vague comments here and there.  This man is highly disturbing.  He should go walk his dog once in awhile. 


Stop posting in the cheerleader thread.  Help us keep crumb's thread bumped instead.

https://bitcointalk.org/index.php?topic=297530.0

Active Mining has shuttered up its discussion thread, opting instead for a self-moderated one, populated by socks & cheerleaders.
I offer this thread as an open, uncensored forum for ActM discussion.



i would like to but I'm not much of a cat person.


Title: Re: Activemining - Ken deleted this post
Post by: iCEBREAKER on November 01, 2013, 05:01:58 AM
I hate cats too, but crumbs is sometimes funny and occasionally brilliant.


Title: Re: Activemining - Ken deleted this post
Post by: minerpart on November 01, 2013, 08:59:37 AM
you are crumbs you sad fuck.


Title: Re: Activemining - Ken deleted this post
Post by: coinfresh on November 01, 2013, 11:26:28 AM
you are crumbs you sad fuck.

lol  :D


Title: Re: Activemining - Ken deleted this post
Post by: minerpart on November 01, 2013, 12:39:13 PM
great thread you piece of shit. lol



wanker face


Title: Re: Activemining - Ken deleted this post
Post by: minerpart on November 01, 2013, 12:41:00 PM


mwhaaa my posts are being deleted.


delete this you cunt.


Title: Re: Activemining - Ken deleted this post
Post by: aquarius on November 01, 2013, 01:34:45 PM
he deletes your posts now because you have proven over a long period of time and plenty of posts to be a cunt, that have no manners when it comes to holding a discussion. simple as that. the same goes for the epic troll, crumbs.


Title: Re: Activemining - Ken deleted this post
Post by: minerpart on November 01, 2013, 02:23:31 PM
Agreed. VE is scum, and a cry baby.

Ken deletes 10 Troll posts a day from you people. Are you going to start a thread for each of them? Total looser.


Title: Re: Activemining - Ken deleted this post
Post by: crumbs on November 01, 2013, 04:52:21 PM
ITT:  ActM denizens come to kick back, vent, & nurse their raw sphincters back to health for another action-packed day of rough trade.


Title: Re: Activemining - Ken deleted this post
Post by: Ozymandias on November 01, 2013, 05:13:21 PM
Interesting, since my post predicting 16ph/s by new year wasn't deleted.


What are the current plans for chip development?
ActiveMining is developing a 28nm Bitcoin mining chip using eASIC (http://www.easic.com).
  • Chip samples delivered in 9 weeks;
  • Low-volume chip production starting in 12 weeks, using an e-beam process;
  • Normal volume chip production starting in 16-18 weeks.


So if we set our start point as a week before September 4th (when the eASIC press release occured), we would now be in exactly week 9. If this is in fact the case, then low-volume production should happen in the third week of november and normal volume around the holiday season of december. If we're good, Santa (or whichever obese, brightly colored man breaks into YOUR home in the dead of night in the winter) might leave a little extra in our stockings (or similar footwear).

Any asic specialists want to inform the ignorant, myself included, about what kind of volumes are considered "low"? A few hundred? A thousand?

For reference, with a current network hashrate of ~4ph/s, it would take roughly 2000-2500 chips per percentage of the network. Obviously difficultly is not stagnant, and is in fact doubling a little faster than every month. With a 16ph/s network around the new year (2 doublings), each percentage of the network would require 8000-10,000 chips, or (iirc there are 2,500 chips to a standard wafer of 28nm chips), we would need a mere 40 wafers to corner 10% of the market.

After some more basic research, I'm finding that a conservative estimate for the cost of a wafer is ~$4,000. Thus 40 of them would cost $160,000 which is just about HALF of what the avalon refund was worth (~1500btc*200usd/btc = $300,000). What I'm seeing, if all of my assumptions are correct/close (which is an if I certainly wouldn't bet the farm on) is that we can order ~100 wafers using our avalon refund and pre-order funds.
100 wafers = 250,000 chips * (0.95 to account for defective chips) = 237,500 chips * 16-20gh/s = 3.8-4.75ph/s to be distributed between our own mining farm and hardware sales.

If any of the above is wrong I'd welcome corrections.

Bolded part is where I make the same prediction, the rest is for context


Title: Re: Activemining - Ken deleted this post
Post by: VolanicEruptor on November 01, 2013, 05:35:09 PM
Ozymandius, it didn't go noticed because nobody reads your posts
sorry


Title: Re: Activemining - Ken deleted this post
Post by: somestranger on November 01, 2013, 05:42:00 PM
he deletes your posts now because you have proven over a long period of time and plenty of posts to be a cunt, that have no manners when it comes to holding a discussion. simple as that. the same goes for the epic troll, crumbs.
+1

What a circlejerk this thread is.


Title: Re: Activemining - Ken deleted this post
Post by: Ozymandias on November 01, 2013, 06:20:13 PM
Ozymandius, it didn't go noticed because nobody reads your posts
sorry


Don't be so hard on yourself, you aren't REALLY nobody.


Title: Re: Activemining - Ken deleted this post
Post by: minerpart on November 01, 2013, 06:27:19 PM
You twat VE. Proven to be a paranoid looser AGAIN.

Why don't you and crumbs get a room.









-----THREAD CLOSED-----


Title: Re: Activemining - Ken deleted this post
Post by: iCEBREAKER on November 01, 2013, 07:11:36 PM
he deletes your posts now because you have proven over a long period of time and plenty of posts to be a cunt, that have no manners when it comes to holding a discussion. simple as that. the same goes for the epic troll, crumbs.

The cheerleaders have been proven wrong.  That's why the Board resigned en mass.

The truth tellers have been proven correct.  That's why we are not allowed to post.

One would think Ken has better things to do than sit around on the forum all day playing troll-patrol.

Shouldn't he be busy with R&D, engineering, sales, marketing, customer support, colored coins, SEC compliance, and designing new logos/lulzy web graphics?


Title: Re: Activemining - Ken deleted this post
Post by: minerpart on November 01, 2013, 07:34:22 PM
The truth tellers have been proven correct.  That's why we are not allowed to post.

http://www.ashcroftsurgery.co.uk/wp-content/uploads/2013/09/crying-baby.jpg


Title: Re: Activemining - Ken deleted this post
Post by: iCEBREAKER on November 04, 2013, 07:50:57 PM
 :D  Crumbs' thread is better than the one for Kool Aid drinkers.