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Ken could be merged mining NMC does he do this currently (Although it would be next to nothing right now)

Eligius is ran by Wizkid057 and they are always helpful and online at Freenode #Eligius

That is good to hear, but I'm more concerned with what HashFast is doing to remedy the deal with you guys.

I'm under the impression if they don't deliver by December 31st you can get a full refund. Is this still a scenario you guys are planning for?

We're still waiting on the Prototypes I believe so "new few weeks" would likely be too aggressive.

Ken's #1 priority will be shipping units first as well so we'd have to wait until all the orders were fulfilled. (Could you imagine if he posted here that he was mining and there were orders still waiting to be fulfilled by customers)

You cannot use a % increase like 30 indefinitely. The next difficulty increase is looking to be around ~6% right now.

Once the difficulty gets to 1,000,000,000 many more units would have to be shipped for 30% in two weeks to be met. I'm not saying this is impossible but realistically we're going to catch up to a point where the normal is 5-10% every two weeks, at this point is where Ken would likely catch up and be able to maintain a good hashrate.

The "Bat Cave" as it has been dubbed apparently can likely hold 50-100 of those ~25TH units. I don't think he will have a problem scaling assuming everything goes well.

Either way, we need to have at least (1) confirmed working eASIC/ActM Chip and then we can do much better speculation. Let's hope this comes by the end of this month like we're leading ourselves to believe.

Come on man,

We all know this is "The Internet" but come on, let's show some respect for each other especially fellow shareholders.

This whole we might as well troll our own thread because it is going to get trolled anyways is boring, immature, and above all annoying.

There are actually quite a bit of people on this thread that really DO need help either because they are misunderstanding basic mechanics of bitcoin,
 
Are missing key parts of the prospectus,

Still don't understand where to go with their shares,

and it seems more and more pop up each day.

Let's make this thread somewhat friendly for those people because in the end of the day we're all in the same boat.

Don't be mistaken, even I was very frustrated with quite a few of you guys and how a lot of the posts had completely wrong information or math in them but it's important that we help these people understand their mistakes instead of chastise them.

There's only one individual that we should be happy or upset at and that is Ken Slaughter and don't forget this. Our resources should be spent on holding him accountable and not fighting amongst ourselves.
He still has a bit of time to make this company go in the right direction, we'll know much more by the end of this month if he was leading us on with this prototype or it is just another stall tactic.

Try your hardest guys to not quote this post just to cause more drama, I believe in you.

Latest info we're waiting on

Zum just leave already,

Maybe if we get lucky stuart will follow,

along with the other "investors" that can't stomach their decisions or do simple math/lookup relative posts based on their investment/etc...

It's so shitty that the actual shareholders of this security are making it look bad because of their shear stupidity. Crumbs doesn't even have to troll anymore you guys outdo yourselves.

40-50% difficulty rise would mean KnC delivers ~4ph worth of equipment in november. They delivered around 2.8ph in october. It will be closer to 25% jump more than likely.

Which will be around .3-.4 btc per day per jupiter

I need a little clarity,

I thought it would only be 14 days total of dividends (minus the ~5TH) going to LRM directly but now it seems that it's all the days until "All the boards come in" + 14 Days so it actually ends up being over 21 days or am I misunderstanding.

I understand,

however I try to use every ounce of information Ken gives us (which isn't much)


If shipping was on for October at any point then we are at least 3 (The amount of weeks of low volume production) + 3 weeks (What we assume to be the first "Prototypes" to start hashing. So 6 Weeks behind.

There are/were delays 100% sure else we would have had a product to show in October and wouldn't be waiting til end of November for a potential prototype (Let's hope!)

Either way thankfully there are delays on everyone else so we still have a decent chance!

A contract was likely signed between both of them with a "By this Date" Clause. Sadly HashFast are smooth talkers so I'm sure they convinced IceDrill that there would be barely any delays however if I recall correctly, IceDrill was supposed to get their Chip/Modules end of October/very Early November but HashFast didn't even have their Silicon in hand until Nov 7th so I'm sure there are people pretty upset.


As for KnC, last I saw their Nov Jupiters were sold out. Then there were 49 left, then there were 200 left. So who knows but either way, IceDrill isn't going to get a refund. They are stuck in this and the only thing we can hope for is that they are fighting with every ounce of their being to force HashFast to make this delay right.

HashFast's current delivery is Mid-December (At Earliest)
Cointerra's is at Mid January (At Earliest)

Cointerra says their chip has better specs than HashFast. (We'll see when both of them actually have a working chip to show)


Still very interested to hear what Perks IceDrill may be receiving as a result of this delay.

Tell us more Mr. Businessman.

Got a good feeling about today! 

Just like the rest of the lazy ass shareholders on here I have to do the work for you.




Everyone understands that obviously the "Timeline" didn't start at this point. eASIC doesn't just bullshit it's customers with their timelines (Hell their whole business model revolves around guaranteed/short timelines). However this is all we have to go on so it is where it will start unless Ken directly says that they started 1 week, 2 weeks, 3 weeks, etc... afterwards.

If the prototype actually does come at the end of this month (week 3) it would mean that eASIC started around September 23, 2013 or just about 9 weeks AFTER the NRE was paid.

If Ken said this was true then yes we would be on perfect timing with eASIC however I believe I heard Ken wanted to get prototypes in October if I do recall.

Good try though!

Nah, had to be a downright dirty lie. Something he must have been scheming from the beginning. That Bitcoinorama, no good can come from him!

/wakes up

Just like the rest of the lazy ass shareholders on here I have to do the work for you.

Might want to fix your watch/calender

Some Updates,

HashFast is delayed until Mid December at the earliest they say

Cointerra Taped-Out today and said it should take them 60 Days to receive the chips so expect units Mid January at earliest.

BFL has posted a Prototype 2 Picture of their Monarch slated for Mid December delivery for first batch orders - Picture here

Heisencat?

Takes over 1,250 GPUs at 400MH/GPU to equal 1 Jupiter. I doubt GPUs will be any profounding impact.