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181  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: March 31, 2014, 01:35:14 AM
Hey Ken ,

When will the shipping of '' stock board '' start for already Pre-Ordered Customers ?
Thanks.

This week
182  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: March 31, 2014, 01:28:25 AM
Ken. I wouldn't worry too much about the bitcoin price. A lot of indicators point to a surge in a few months. We just need to mine as much coin as possible.

Remember even if China and all of Asia ban Bitcoin, we only need one major European country to expload in Bitcoin usage and then we'll have the price increases we all want.

Yes, I agree.
183  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: March 31, 2014, 01:19:52 AM

Yes, and we are still working on developing our own 28nm chip.

If these boards do not sell; what kind of financial position does that leave us in? Can we mine with these and ROI with our DC costs and everything taken into account?

Don't care whether they sell or not, we will just mine with them.

Edit:  We are in excellent financial position, that is why we are able to tool up a 5,000 board production line.

How many of these boards are you planning on mining with?

Setting up the datacenter for 180 boards @ ~512 GH/s = 92,160 GH/s or ~92 TH/s, if sales are good on our Prospector boards and it takes a little longer to get our power in our datacenter up and running we may use the first Gold Rush boards in the datacenter.  
184  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: March 31, 2014, 01:10:14 AM
I've now removed the negative feedback. See how much better things are when you're honest with us?

I have always been honest with my shareholders; however, there are times to release information and there are times to hold back information.  It has taken some time to move from a pre-order product to an In Stock product.
185  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: March 31, 2014, 12:59:59 AM
Don't care whether they sell or not, we will just mine with them.
Thank you for showing us your progress Ken. When will we be able to mine in full force?

Project Manager is meeting with the Electrician as we speak.  As soon as we get the power in the datacenter up and running.  We are working on getting all the miners ready this week to go online as soon as we have  the power set up.
186  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: March 31, 2014, 12:53:45 AM

Yes, and we are still working on developing our own 28nm chip.

If these boards do not sell; what kind of financial position does that leave us in? Can we mine with these and ROI with our DC costs and everything taken into account?

Don't care whether they sell or not, we will just mine with them.

Edit:  We are in excellent financial position, that is why we are able to tool up a 5,000 board production line.
187  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: March 31, 2014, 12:53:01 AM
HashFast... FastHash... what's the difference....



The difference is that we have In Stock products ready to ship.  Also, we have products for our mining farm.
188  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: March 31, 2014, 12:48:38 AM
Images of products and of our Datacenter being build

So if we're using the Hashfast Yoli Evo board, why are the specs on VMC lower (500GH/s) than the ones Hashfast claims (675GH/s)?

http://hashfast.com/shop/yolievo/

Because it's not that board, it's the Rev 2 Board. They do not license out the Evo.

The Prospector is not the Yoli Evo board.  We will be releasing our Gold Rush board next month using the Yoli Evo design.  We are tooling up our production line to produce 5,000 of these next month.

5,000 of the Gold Rush boards?

Yes, and we are still working on developing our own 28nm chip.
189  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: March 31, 2014, 12:48:06 AM
Wow Ken, amazing. Great work!

It has been a real learning process, I have to give all the credit to my Project Manager.
190  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: March 31, 2014, 12:44:51 AM
Did you design the boards or are you simply producing them?

And why does your website claim the boards are using your own fasthash one asic chips?

It is a chip that we purchased in bulk and we are reselling in on our manufactured boards as our Fast-Hash One chip.

Just to clarify

Did you design the boards you are manufacturing?

No

But we have them in stock ready to ship.
191  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: March 31, 2014, 12:44:31 AM
Images of products and of our Datacenter being build

So if we're using the Hashfast Yoli Evo board, why are the specs on VMC lower (500GH/s) than the ones Hashfast claims (675GH/s)?

http://hashfast.com/shop/yolievo/

Because it's not that board, it's the Rev 2 Board. They do not license out the Evo.

The Prospector is not the Yoli Evo board.  We will be releasing our Gold Rush board next month using the Yoli Evo design.  We are tooling up our production line to produce 5,000 of these next month.
192  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: March 31, 2014, 12:41:23 AM
Will you have enough chips for the 5,000 boards?

Yes
193  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: March 31, 2014, 12:40:36 AM
Did you design the boards or are you simply producing them?

And why does your website claim the boards are using your own fasthash one asic chips?

It is a chip that we purchased in bulk and we are reselling in on our manufactured boards as our Fast-Hash One chip.

194  Bitcoin / Hardware / Re: [VMC] Official Virtual Mining Corporation Discussion on: March 31, 2014, 12:36:42 AM
Are these hashfast chips/boards?

This is a development board.  We are tooling our production line to manufacture 5,000 boards in April.
195  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: March 31, 2014, 12:35:07 AM
197 items now in stock?

So either ken has added more items. Or we've only sold 3.

An order was canceled adding back the inventory into stock.
196  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: March 31, 2014, 12:33:54 AM
Images of products and of our Datacenter being build


So if we're using the Hashfast Yoli Evo board, why are the specs on VMC lower (500GH/s) than the ones Hashfast claims (675GH/s)?

http://hashfast.com/shop/yolievo/


Looks like a perfect match.

Does this mean that hashfast sold boards to ken skipping all their preorder customers?

No, we purchased chips from hashfast and manufactured our own boards.  We are tooling up our own line to manufacture 5,000 boards in April, and we may sell some of our boards to hashfast.
197  Bitcoin / Hardware / Re: [VMC] Official Virtual Mining Corporation Discussion on: March 31, 2014, 12:24:04 AM
Images of products and of our Datacenter being build
















198  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: March 31, 2014, 12:22:54 AM
Images of products and of our Datacenter being build
















199  Economy / Securities / Re: [Active Mining] The UNofficial Active Mining Discussion Thread [UNmoderated] on: March 31, 2014, 12:21:43 AM
Images of products and of our Datacenter being build
















200  Economy / Securities / Re: [ActiveMining] Official Shareholder Discussion Thread [Moderated] on: March 30, 2014, 10:30:36 PM
Hey Ken we have a terahash online right, could you take a photo of that hardware because lots of shareholders think it's cex.io again.

We know the Klondike's and existing Avalons hash around 800gh.

The Avalons and Klondike's are still on BTCGuild.  We will have taken pictures and will post them soon.

That's what I thought, so the Avalons and Klondikes are on BTCGuild, and we know they exist as we have seen them before.

So regarding this terahash on Eligius, I assume that is our prospector card and not cex.io? I do wish we could have a photo of the hundred prospector cards, that would be very good.

My project manager has a picture and we will be posting as soon as we can.
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