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. |
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Ken,
Do you have NMC merge mining setup on Eligius. Its pretty easy to configure but some don't realize Eligius offers NMC merged mining and that would be a nice slight addition to the mining revenue.
Thanks!
I will do that. |
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Adding 100 more cards for sale from our mining farm due to the delay in getting our step down transformers installed. We will be adding back these 100 cards from our next production run in 2 weeks. The new cards will be our revision 3 cards which will be faster. Ken, have these cards been sold? We are waiting on payment in BTC on 95 cards. Should the customer not pay within 24 hours the stock will be added back to our in stock quantity. |
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Yes, I am going to use Coinbase. I need a prestashop plugin, do they have one?
There doesn't seem to be a plugin available for Prestashop yet, and I can't find any evidence of anyone working on one. BitPay has one though: https://github.com/bitpay/prestashop-pluginYes, I know, but BitPay is a little to close to BFL for me. I now have a lot of experience with Prestashop plugins so I may write my own. |
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Ken c'mon man, address my questions: Ken, can you please be so kind as to offer some proof of what you are talking about?
Also, please show some good manners to your trusting and patient investors and sort out a way to distribute dividends in the interim?
This will all be sorted out in the near future. I am very committed to all of my trusting and patient investors. What we are doing right now will raise shareholder value very quick. |
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Ken, the fact that you simply won't point your phone at one of these miners mining and record a little video screams that you are just trying to scam people. Why are you having so much trouble understanding this? Until you provide some form of evidence, due to all the lies you have told in the past, you ARE a scammer trying to rip people off.
It's this simple Ken. You either provide evidence or you remain a scammer.
I have never been a Scammer, we have had delays in producing our product, but we have processed over $300,000 in refunds to customers, Scammers don't do refunds. We are very busy getting these ready to ship and at the same time we are very busy getting our datacenter up and running. |
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i was actually considering purchasing one (for testing then resale) since they are "in-stock" so i went through the process, but the only form of payment available now is bank wire (no bitcoin?!?!). and it said DHL shipping would take 4 days, which from Missouri to Louisiana would be 2 at the most. so sadly to say i will not be ordering one of these.
Yes, we only have Wire Transfers on our site at the moment as our bitcoin processor before was MtGox. We can still take bitcoins, but we will process them manual. Send us a message if you want to order with bitcoins. Ken, it doesn't matter who the bitcoin processor was before. It takes a few minutes to set up a Coinbase bitcoin payment method. I second this. Yes, I am going to use Coinbase. I need a prestashop plugin, do they have one? |
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i was actually considering purchasing one (for testing then resale) since they are "in-stock" so i went through the process, but the only form of payment available now is bank wire (no bitcoin?!?!). and it said DHL shipping would take 4 days, which from Missouri to Louisiana would be 2 at the most. so sadly to say i will not be ordering one of these.
Yes, we only have Wire Transfers on our site at the moment as our bitcoin processor before was MtGox. We can still take bitcoins, but we will process them manual. Send us a message if you want to order with bitcoins. |
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Adding 100 more cards for sale from our mining farm due to the delay in getting our step down transformers installed. We will be adding back these 100 cards from our next production run in 2 weeks. The new cards will be our revision 3 cards which will be faster.
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Adding 100 more cards for sale from our mining farm due to the delay in getting our step down transformers installed. We will be adding back these 100 cards from our next production run in 2 weeks. The new cards will be our revision 3 cards which will be faster.
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As of today we have the 100TH in hand; however, we are working on getting the 480 3 phase power stepped down to 240/120. The miners take a lot of power in a small space. As soon as we get the power step down equipment installed and running the miners you will start to see the hash rate increase in our Eligius mining account address.
Ahhhh... planning... a lost art. Step down to 240, not 120... No point doubling the copper to carry double the amps if its not needed... 240v will do nicely. Our system in the US is 240/120 |
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So our max hashing is only 800TH?
I was hoping for 1-2 PH out of this datacenter
It is just a power and air conditioning limit. Edit: When we get close to that limit, we could bring in more power and air conditioning. |
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Mining Farm
Can you let us know when you expect to have the first 100TH online? That way we can gauge when the 200TH and the 300TH will be up and running. You are saying you are going to be adding 100TH per month so as long as we know when you expect to have the first set of 100TH machines up it will give us a roadmap of when to expect more hashing power to come online.
As of today we have the 100TH in hand; however, we are working on getting the 480 3 phase power stepped down to 240/120. The miners take a lot of power in a small space. As soon as we get the power step down equipment installed and running the miners you will start to see the hash rate increase in our Eligius mining account address. Shares
You are not going to give access to our shares anytime in the near feature? Who knows when it will be safe and legal to do so. I think you need to think about this and work with the shareholders who's shares are held hostage. Get us trading on Crypto-Trade temporarily and then move to the best platform (Colored Coins) when it is safe for the long term.s,
Yes, we might do this. I will be looking at this as soon as we get the mining up and running. Chips
What is going on with the development of our own chips? Can you share details of what is going on with this? We need more information about what is the progress we have made so far and what we plan to accomplish the next few months. Please share as much information as you can.
We are still working on development of our own chip. |
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so did you purchase avalons with your customers btc?
No, the Avalons were purchased with my personal BTC. |
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What happened with the Eligius hash power?
The Eligius hash power was from a Demo/Development board. This hashing power is subject to removal at any time to do a Demo or to do Development work. We are using the board at the present time to help us bringing up our 100 TH along with the boards power supply which has to be modified. |
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Weekly Update 3/26/2014
AMC Mining:
We have completed the signing of our lease for our ~3,700 sq feet datacenter. The datacenter has 2 480 Volt 250 amp 3 phase power supplies, plus a backup generator which supplies the same amount, the air conditioning has it own power supply. we are in the process of bringing this datacenter online with ~100 TH of mining equipment. We also expect to increase to 200 TH within 4 weeks after bringing up the first 100 TH. The datacenters power and air conditioning can easily support up to 800 TH of mining equipment. We are planning on adding 100 TH per month until we reach the maximum above.
Shares:
We want to get share trading up and running on Colored Coins as soon as it is safe and legal to do so.
VMC:
VMC will be issuing a press release in the near future.
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Active mining? So you are using the money that people "invested" into a fake mining company that has never started mining, and will never pay a return on the illegal shares, to refund money for the people that ordered the imaginary miners??? Holy Ponzi Scheme Batman!! YOU JUST ADMITTED IT!!!!!
Someone send that post to the SEC. What a fucking joke.
The Avalons have been mining over 9 months for the mining company. Soon to turn unprofitable right? Yes, but the 100 TH we are bringing on line for AMC, plus an additional 100 TH in the next few weeks will be profitable. |
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Active mining? So you are using the money that people "invested" into a fake mining company that has never started mining, and will never pay a return on the illegal shares, to refund money for the people that ordered the imaginary miners??? Holy Ponzi Scheme Batman!! YOU JUST ADMITTED IT!!!!!
Someone send that post to the SEC. What a fucking joke.
The Avalons have been mining over 9 months for the mining company. |
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