That is all yesterday's discussion. We are over this already. Please keep up.

Try to get some interest from the media - this is the sort of story the TV news loves and the exposure would kick start your company. If you make the point about the current fee structure and what huge savings could be made from exchanging BTC then you could create a big story.

Thanks equip.

equip - please don't quote the Trolls, if you do you will be ignored also. This one has just posted under one name (mainline) and mistakenly answered under another (eduardo) - it is the same guy. Thanks.

Vince I have one for you for next week:

Does the ACtM engineering team have previous experience of deploying a high power-draw data centre of substantial size (100+ 42U racks)? If not, would you consider employing a project manager with such experience to manage the complicated process of getting our farm online?

Excellent suggestion, I'm sure his engineering guys will be thinking about how to use the least space (especially if we are using a third party data centre). But if you see no reply from Ken about this think about putting it into a question for him for the update next week/PM'ing him. We should all be giving Ken our best advice right now as he needs to get the execution of our farm right first time.

I forgot you were the data centre guy, I guess you know more about this than me! If it's cost-effective then it certainly looks achievable over the next 3months. Your above suggested solution would make the swap-over super-quick. Someone should ask Ken if this is a possibility - is Vince compiling a list of questions for todays update?

I'm not sure 96 42U racks would be as big a solution as you might think.



Each 42U rack is about the size of an upright fridge. Above you can see what 42 of these units would look like in a room about the size of half of a tennis court. These units can be packed much closer together than this too but that would depend on the cooling solutions we deploy. I'm guessing these chips will run cooler than our 28's so possibly the units could be packed closer than seen here.

EDIT - Ken has said we will have 60 of these 42U racks operating by end April. So about half as much again as what we see above.

Just you.

The 55nm chips alone should pay back all of the 0.0025btc per share. Then we have the custom 28nm. These buyers are lucky sods.

Good move on the shares Ken, putting them into different price levels means the market has more of a say in finding the value it wants to pay for them - better than assigning an arbitrary 0.0005.

And hopefully this means there will be excess funds going back to WeEx users.

Edit - BF and BTC-TC were not closed down by Ken. Since the cessation of trading we have pushed Ken to implement Coloured Coins or some other long-term solution. He has only had a few weeks to go from CC (which we all voted for in a Poll) to C-T. In that time he has been cutting deals so he's been very busy. This re-float can't be rushed, it has to be done properly first time. That is why we are delayed.

That would make sense, 20%+ in a day sold.

With 20 or 30 shares selling at 0.01BTC over 2 weeks it doesn't take a rocket scientist to determine the price was too high. But why not congratulate yourself on that prediction. No-one else spotted it:

If all you people who keep saying this thread is shit actually made some quality posts instead of just logging on to say 'this thread is shit'...well this thread might get a bit better maybe?

100% of the nonsense on here is due to Trolls. That's bitcointalk for you. So do feel free to slag the thread and by implication everyone on it, but also be aware that the Trolls are laughing up their sleeves when you say that.

Just to clarify - Ken is regaining ACtM monies not his personal BTC. The 106BTC has been taken off our balance sheet, this is and always has been company money.

Currently the market is deciding the price of these shares. There is nothing else to be done. Every ACtM shareholder would like these shares to go all the way to refund everyone but it's just not happening. The open market is deciding how much they want these shares and so far demand at this price has been low-moderate. These shares were sold to Ukyo and they have now been seized by their issuer to recover losses under lien. It's legal and for ACtM and it's hundreds of investors it's the only option we have to get our vital money back. These funds are important for our bottom line, we may come to need them in Q2 with our chip runs begining in February.

I lost 1.7BTC on WeEx and I would be pissed too if that was all my money. But ACtM simply need to act in their own best interest. Any responsible company thinking about its shareholders would do the same. This is business.

My only advice is to buy some of these shares at 0.0005. There is a shareholder guarantee of 0.0025 per share and you are guaranteed a 4x return over a max 9months (my estimate).

small update - Dividends with wallet address included, plus updated 55nm section with latest news.

For anyone not in the know - all seized property under lien has to be sold in an open auction or some such similar method. It must be offered to the public - interested parties cannot sell lien property between themselves. If that were allowed all sorts of 'deals' could be done to the detriment of the debtor.

In other words Ken could buy these 232k shares for 1BTC - it would save us a fortune but would be illegal.

And legally he cannot destroy Ukyo's seized assets. He can only sell them to recover his losses and then return the remainder back to Ukyo. These shares remain the property of Ukyo until they are sold to a third party.

Jo I got what you meant, you just meant that is what is 'due to be paid' on each share. (but please don't enter into conversation with the Trolls).

Ken cannot keep the shares and wait for the divs because he said he want's to secure these funds ASAP incase Ukyo has a lawyer 'impound' them. They could be tied up (including the divs) in a legal battle and then we would then be locked out of raising our money back just when we might need it.

If Ken sells them asap that problem will not arise.