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2181  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: November 11, 2013, 09:58:39 AM
Any cool updates? I figure the first batch will give us 20TH/s, anyone think thats off?
2182  Economy / Service Discussion / Vote for most reliable mining company. on: November 11, 2013, 06:02:08 AM
Vote for what you think is the most reliable Bitcoin mining company, and where you would put your money today?
2183  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: November 11, 2013, 05:50:26 AM
I've read through most of this thread and forgive me if this question has already been answered..

Ken said that he would like the actM shares transferrd to amc-tender before the 14th

Is possibly to make more than 1 transfer to amc-tender using the same address and details as I've acquired more shares?

Cheers

A few people have asked this but no response as of yet.
2184  Bitcoin / Bitcoin Technical Support / Re: Unconfirmed transaction (0.35BTC bounty paid for resolution!) on: November 10, 2013, 01:06:53 PM
Restart bitcoin with the -rescan option in command line.

http://bitcoin.stackexchange.com/questions/1249/how-exactly-does-rescan-work

If rescan does not work try: (I have never done this)

http://bitcoin.stackexchange.com/questions/4632/how-can-i-export-all-my-private-keys-using-bitcoind
2185  Bitcoin / Bitcoin Discussion / Re: GHash.IO and double-spending against BetCoin Dice on: November 10, 2013, 01:05:36 PM
amazing story hahahaha, you should just add that Annie is Ghash.io and Sally is BetCoin and the parents are the Bitcoin protocol Smiley which leaves Jane that I cant put anywhere.

Jane is also Ghash.io.
2186  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: November 10, 2013, 04:56:59 AM
Ken said 1TH/s was added with "additional hashing resources" (read: "eASIC chips but we can't say that because of NDA") so we are definitely mining above 1TH/s unless he is lying which I cannot fathom.

So why have the extra 2.8 bitcoin payments stopped?

Damn, look at the mining address with your own eyes!!!!!!!!

The recurring 0.5 bitcoin payments are from the sold mining gear, no evidence anything has been stepped up. So a week later we are still mining under 1TH/s.

The only alternative explanation for extra hashing power is either there is none, or it is being sent to an address we don't know about.

Can someone post up our mining address?

You sure? Its the most depressing address on the blockchain.

We spent millions on this:

https://blockchain.info/address/1DJpsvnM7xTnQbWEhLYyCyfxQyxwupEzCa
2187  Bitcoin / Bitcoin Discussion / Re: Should there be a BIP for tracking stolen coins and "dirtiness" percentage on: November 10, 2013, 03:43:44 AM
Consider:

Thief sends 100 bitcoin to just dice. Now a small % of Just-Dice 60,000 bitcoin address has stolen coins. Now Everyone for all time that deposit and withdraw have a small % of those stolen coins.

If this confuses you think of coins as numbers, thats all they are. So 100 into 60,000 is 0.16% of all those coins. Now everyone that withdraws contains 0.16% taint from stolen coins.

If those coins hit an exchanges main wallet eventually every Bitcoin user will have a small amount of tainted stolen coins.
2188  Bitcoin / Bitcoin Discussion / Re: Should there be a BIP for tracking stolen coins and "dirtiness" percentage on: November 10, 2013, 03:40:04 AM
This will be great! So every new Bitcoin user will be even more confused as their client tells them the coins his mum is sending have a 0.4% chance of being stolen...

Great idea for adoption!

Where do I get my 0.4% figure from? The fact that eventually everyone will have a little stolen coins on them, no way around this. (Similar to how everyone has a fraction of the original 10,000 bitcoin pizza coins)

Sorry to be so negative but you need to consider how new people to Bitcoin are going to feel when .4% of their wallet is tainted. Makes Bitcoin look real legit.
2189  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: November 10, 2013, 03:35:56 AM
If you remember I bought in too late and had never a chance to get out...

So I can listen lots and lots, but I have never had the chance to get out of this stock.

And now no one can get in, why are you still hear gloating at us? We can't do anything and we just want eASIC news. Although I fear eASIC have fucked us.
2190  Other / CPU/GPU Bitcoin mining hardware / Re: Decent Mining GPU for around $200 on: November 10, 2013, 03:27:26 AM
For $250 you can get a AMD 7970 on eBay. Mine LTC of FTC instead of bitcoins. It's more profitable and then you can always convert it to bitcoins.

Interestingly http://dustcoin.com/ currently says that LTC or FTC are not more profitable to mine right now...
2191  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: November 10, 2013, 03:24:26 AM
i am not sure why you guys reacting when crumbs speaks.

the way he behaves tells you he might be rich.

rich + happy = trolling others and watching the misery

am i correct crumbs? Tongue

If you think that happy people love to take the piss out of others I don't want to know you!

The last thing a happy person is going to do is laugh and gloat at people hurting.

"rich + unhappy = trolling others and watching the misery" makes more sense.
2192  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: November 10, 2013, 02:46:39 AM
Ken said 1TH/s was added with "additional hashing resources" (read: "eASIC chips but we can't say that because of NDA") so we are definitely mining above 1TH/s unless he is lying which I cannot fathom.

So why have the extra 2.8 bitcoin payments stopped?

Damn, look at the mining address with your own eyes!!!!!!!!

The recurring 0.5 bitcoin payments are from the sold mining gear, no evidence anything has been stepped up. So a week later we are still mining under 1TH/s.

The only alternative explanation for extra hashing power is either there is none, or it is being sent to an address we don't know about.
2193  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: November 10, 2013, 02:38:29 AM
It now increasingly seems like eASIC are in too deep and unable to create the product Ken paid for. We currently have no chips, not one single chip.
So then what are the "additional hashing resources" Huh Ken is adding 3TH/s of competitors' chips? Lol yeah right.

Apart from a mysterious 2.8 bitcoin payment to the mining address all the incoming mining revenue has been from the avalons/klondikes.

Since that one payment nothing else has been added, not sure if you have been following but we are still mining under 1TH/s.
2194  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: November 10, 2013, 02:01:44 AM
so is that the point of the NDA? We were to act as eASIC's test run for the 28nm and they didn't want any potential blunders to be let loose? I thought eASIC had done 28nm for a little while.

I guess so, how we tell that they have been doing 28nm before? All companies are under NDA. The NDA is designed so if eASIC screw up and take 6 months too long no one can say too much, (Even though its obvious)

This is a shame because eASIC really could work out, being able to order chips fast would actually give ActiveMining a chance a running a decent mining farm.
2195  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: November 10, 2013, 01:53:46 AM
I don't mean to render the creation of an mining ASIC as trivial because I am not much of an electrical or computer science engineer. But I just don't get why it is so difficult to get these things working on time. It seems that every company that sets out to make these things ends up either going defunct or going through multiple delays. I mean, we had an open-source board which ended up being successful with some work, why can't these "pros" get these things working. An ASIC chip is basically just doing a single calculation many times over - what is the big deal?

Our problem is eASIC is not used to creating 28nm and we are one of their first customers for this tech.

It now increasingly seems like eASIC are in too deep and unable to create the product Ken paid for. We currently have no chips, not one single chip.
2196  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: November 09, 2013, 03:32:06 AM
With the Blocks taking around 9-10 minutes instead of the usual 6 - 8 minutes this would be a very good time to get some hash power from the first batch.

I am hoping we are hashing at 20TH/s - 50TH/s in a week at least...

Please Ken...

Highly unlikely.

Isn't this the time the first batch comes? Or am I off with the schedule?
2197  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: November 09, 2013, 03:20:04 AM
With the Blocks taking around 9-10 minutes instead of the usual 6 - 8 minutes this would be a very good time to get some hash power from the first batch.

I am hoping we are hashing at 20TH/s - 50TH/s in a week at least. I know NDA and such but this is a real shame as its the best time to get the miners on now...

Please Ken...
2198  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: November 08, 2013, 02:47:56 PM
Announcement

Due to Bitfunder closing down, we are extending the deadline to transfer shares to AMC-TENDER until November 13th, 2013.

At this time all shareholders should follow the procedure for transferring shares to AMC-TENDER.

Dividends which are due to be paid tomorrow will be suspended until we have the share problem solved.

We will be creating Pass-Through shares on a yet undetermined exchange for our shareholders.

After the Pass-Through is created, we will pay the suspended dividends.

Active Mining Corporation (Belize)

Regarding above. I can't seem to find the original post with instructions regarding sending an e-mail or signing a message with a bitcoin address after tendering. Could someone please post a link to the exact post with instructions? I could find it here https://bitcointalk.org/index.php?action=profile;u=1707;sa=showPosts;start=0 either.

No email needed, and you do not need to sign until Ken requires it at a later date. Just make sure you transfer to AMC-TENDER and have full control of your address on bitfunder (the public address)
2199  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: November 08, 2013, 12:00:47 PM
Just a short note regarding dividend and how much that is "left" of the 0.0025XBT/share to pay for ActM.

I just summarized all dividends payed out by ActM so far, and it ended up with 0.00005793XBT.
So, out of his 0.0025 XBT to pay in dividend to the 10,000,000 investor shares, ActM still has to pay out 97,7% of that amount.
Or 0.00244207XBT to be exact.

I got the numbers from summarizing all dividend payouts from bitfunder.
I'd be glad if someone can confirm my numbers.


Sure I will give this one a go:

Total dividends owed on 10,000,000 shares before Ken can receive dividends on the remaining shares.

Total dividend is 0.0025 X 10,000,000 = 25,000 Bitcoin to pay out.

Bitcoin paid out = 641 Bitcoin.

25,000 - 641 = 24,359 = 10,000,000 / 24,359 = 0.0024359 Bitcoin per share.

About 97.5% of the dividend is remaining.

Also remember if all the dividend gets paid the dividends drop by 60% not 100%, so we still make a dividend.

Also consider when we get to that point it means the miners and business model works and its likely the dividends will keep flowing.
2200  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: November 08, 2013, 08:06:53 AM
Does anyone know what the expected hash rate of the first batch is?
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