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8661  Economy / Securities / Re: [BitFunder] Asset Exchange Marketplace + Rewritable Options Trading on: September 07, 2013, 04:20:07 AM
About 75% of pages generated, taking a minute or so to fully load on FF and Safari, this morning. Loads eventually tho.

turn off the *&*^%#@ failgraphs.
8662  Bitcoin / Hardware / Re: [VMC] Official Virtual Mining Corporation Discussion on: September 06, 2013, 10:32:12 PM
don't get me wrong, both products are actually listed in their shop (see links) - i don't know anything about a name change.
it's just a matter of customization: the silver machine goes from 64-384GH/S and the gold one from 128-768GH/S.
So, my common sense tells me, 384GH/S should cost the same, regardless if the machine is a silver or a gold one....
...but maybe there's some detail i missed that justifies the huge price difference...

Check this thread and you will see that the products were named Fast-Hash-One in the past. Now in order to attract more suckers they are named with Silver and Gold. This smells like cheap marketing. Caveat Emptor!

How would you have them be named (The deal with eASIC is done, the chips are being made and there's no amount of FUD you can throw at it to prove otherwise as the PR post is on eASICs website).

Anything constructive to say?

It's not the name that annoys me, it's the recent changes with Silver and Gold. Anyway i just wanted to point out that this company is fishy. Let's all just move along.

Bragraphics is touchy because he's been eating some very serious ACTM losses.  Instead of getting out when he had the chance, he doubled down!   Grin

He's pissed the eASIC PR pep rally had a shorter half-life than Seaborgium.

To him, if you're not cheerleading you're trolling.  So get those poms-poms up and kick!   Cheesy
8663  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: September 06, 2013, 05:49:49 PM
"Over Promise and Under Deliver"

You mean like this?

Promise: a bewildering, nebulous array of hardware configurations at contradictory price points.
Deliver:  boxes of fans

Promise: a competitive, state of the art BTC ASIC
Deliver:  an FPGA ported to a half-ass My First EZ-Bake toy version of ASIC that can't get anywhere near 1GH/watt

Promise: a modern e-commerce site
Deliver: a hideous throwback to the 90s, complete with frames and VRML chat room, best viewed on dial-up using Mosaic 1.0

Promise:



Deliver: LuLz   Cheesy
8664  Economy / Securities / Re: ActiveMining Overview and Speculation Thread on: September 06, 2013, 05:21:56 PM

Where will eASIC send ACTM's quaint little chip for fabrication?

Let us speculate, and run through the top contenders:

Haroon's Camel Husbandry and Advanced Etching Inc. (Ghazni, Afganistan)

Uncle Bakiyev's Homestyle Lithography & Whore Buffet (Jalalabat, Kyrgyzstan)

Big Luca's House of Wafers, Fish, and Chips (Cluj-Napoca, Romania)


While the Board of Cheerleaders narrows down our list of finalists, congratulations are in order to Uniquify and HashFast. 

Yesterday they announced their chip is being made by none other than TSMC, the biggest and most advanced foundry in the known universe.

Quote
http://www.marketwire.com/press-release/hashfast-uniquify-announce-tape-out-golden-nonce-bitcoin-network-transaction-verification-1827835.htm

The GN chip will be fabricated at TSMC's 28nm GIGAFAB foundry in Taiwan. HashFast has already increased the initial planned production volume of the GN chip to address strong pre-order demand.

Key features of the design include a modular architecture, a fault-tolerant physical layout to allow for maximum silicon yield, and an ability to be overclocked for greater performance and underclocked for greater efficiency. Its use of on-die thermal controls allows operation at its maximum performance given the capacity of the cooling system deployed with it.

Since announcing Golden Nonce, HashFast has become an industry leader in the production of Bitcoin network verification equipment. The GN chip provides increased hashing performance, while lowering power requirements and addressing thermal issues of earlier Bitcoin mining ASICs. HashFast began taking public orders in August for the Baby Jet mining systems, the first product to house this processor. Once the initial batch of GN chips is produced and tested, Baby Jet will begin shipping in volume.

 "The rapid development and tape out of the GN chip is another testimony to the power of our Perseus design management system," says Josh Lee, Uniquify's founder and chief executive officer (CEO). "With Perseus, we were able to go from first RTL code to final tape out in under three months, an exceptional performance for any ASIC design program, let alone a sophisticated 28nm design such as Hashfast's GN chip."

Eduardo deCastro, founder and CEO of Hashfast, agrees and notes: "Working with a mature design team has been a key advantage. We've been able to leverage our team's decades of experience to quickly explore and evaluate multiple options, and deliver at record speed. Another critical advantage was the choice of Uniquify and TSMC for design and manufacturing. Both are at the top of their fields, have worked together on multiple projects, and are true innovators."

"We are pleased to be working with Uniquify and HashFast to enable this new ASIC design," said Brad Paulsen, TSMC Senior Vice President, North America. "This application is a good fit with TSMC's 28HPM process technology and we wish them much success with the GN product."

Quote
Taiwan Semiconductor Manufacturing Company, Limited or TSMC, also Taiwan Semiconductor is the world's largest dedicated independent semiconductor foundry

Revenue  $13.982 billion
Employees    30,000+

https://en.wikipedia.org/wiki/TSMC
8665  Bitcoin / Hardware / Re: ► ► ►HashFast Endorsement on: September 05, 2013, 11:30:16 PM
It's true that this is a PR text, but there is an important fact in it:
Quote
The design simulation met or exceeded the design targets, performing more than 400 billion double-SHA256 hashing operations per second (GHash/s), while consuming less than 0.6 W/GHash/s at nominal clock rate, setting a new industry benchmark.
God to know this step turned out better than expected.

One more important new fact: TSMC.

Quote
Established in 1987, TSMC is the world's largest dedicated semiconductor foundry. As the founder and leader of the dedicated foundry business, TSMC has built its reputation on offering advanced wafer production processes and unparalleled manufacturing efficiency.

Nobody has a better chance of meeting or exceeding the "simulated mumbo-jumbo" than TSMC.

HashFast just dropped the hammer on their competition.  It doesn't get any better than TSMC, the 500lb gorilla of the chip biz!   Cool

8666  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: September 05, 2013, 10:49:06 PM
I think I just out trolled the biggest troll, that was actually pretty easy.

Oh btw right now bitfunder estimates all of my shares on various securities are worth:

Total Estimated Value*:   ฿1,056.22686951



Think again!   Cheesy



8667  Economy / Securities / Re: ActiveMining Overview and Speculation Thread on: September 05, 2013, 10:03:32 PM
https://terrahash.com/terrahash-to-provide-a-hosted-bitcoin-mining-solution-for-6ghash-in-november/

It looks like Terrahash is planning to sell portions of it's mining farm in November. Maybe Terrahash has partnered up with ActiveMining to start hashing in November? What do you guys think?

Not possible.  Terrahash said they teamed up with a "leading Bitcoin ASIC manufacturer" (like HashFast/Knc/Cointerra) not a 'lagging' one like ACTM.   Grin
8668  Bitcoin / Hardware / Re: [VMC] Official Virtual Mining Corporation Discussion on: September 05, 2013, 08:34:30 AM
The secrets are about making the chip, not some torrid affair in Sunnyvale.   Roll Eyes

No new information was in the press release, per NDA.

No, you're being ridiculous.  The secrets include information a client will use to determine whether or not they want to go with eASIC.  Like defect rates, cost per wafer, and that kind of thing. We don't even know what the PRICE of this service is.

It could have been a situation where Ken signs the NDA, and eASIC tells him it'll cost 1.2 million dollars and take six months, and have a yield of 10%.  In that case, obviously he wouldn't go with them. But the NDA would still have been signed.

Saying there was an "agreement" because the NDA was signed is ridiculous.

We already knew there was an agreement because we helped Ken raise the NRE, knew he had a successful meeting, and signed an NDA.

That's why the rally fizzled in no time.  This isn't hard to understand.
8669  Bitcoin / Hardware / Re: [VMC] Official Virtual Mining Corporation Discussion on: September 05, 2013, 08:25:29 AM
Well sure, but eASIC had already published a signed letter confirming the deal with ACTM too, so a PR on eASIC's website likewise carries almost no weight.

No, eAsic didn't publish any signed letter and didn't confirm any deal before today.

Yes they did, it's in the FAQ.

ActiveMining F.A.Q.

Can you please provide some documents as proof of the existing claims?

eASIC chip NDA: http://axs.net/AMC/eAsic-NDA0001.jpg and http://axs.net/AMC/eAsic-NDA0002.jpg

That's incorrect.  They needed to sign the NDA just to start negotiations. The press release tells us the deal is closed. And as they say, coffee is for closers.

The 'A' in NDA stands for 'Agreement.'   Roll Eyes

The market has known about an ACTM/eASIC agreement for a long time.  Ken's meeting with them was long, long ago.

That's why the rally today was so brief.  There was no new information in the press release, just a rehash of old stuff.

The 'agreement' in "NDA" is only to keep eachothers secrets, not to make a chip.

The secrets are about making the chip, not some torrid affair in Sunnyvale.   Roll Eyes

No new information was in the press release, per NDA.
8670  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: September 05, 2013, 01:36:21 AM
Yeah, there's no doubt eAsic is in a very different league than anyone else doing bitcoin chips. Smiley

Bitcoin chips aren't really that complicated. ActM is a customer for a fairly simple service they offer: FPGA - ASIC conversion.  Ken is responsible for the implementation, not eAsic.

Cointerra Uniquify probably has the highest engineering ability of all the players.

Fixed it for you!  eASIC are just beginning to touch the 28nm space. 

Uniquify has been there, done that, and taped out many times.   Cool
8671  Bitcoin / Hardware / Re: [VMC] Official Virtual Mining Corporation Discussion on: September 05, 2013, 01:31:31 AM
Well sure, but eASIC had already published a signed letter confirming the deal with ACTM too, so a PR on eASIC's website likewise carries almost no weight.

No, eAsic didn't publish any signed letter and didn't confirm any deal before today.

Yes they did, it's in the FAQ.

ActiveMining F.A.Q.

Can you please provide some documents as proof of the existing claims?

eASIC chip NDA: http://axs.net/AMC/eAsic-NDA0001.jpg and http://axs.net/AMC/eAsic-NDA0002.jpg

That's just a generic NDA, doesn't specify any deal being done. Today was the official release of the VMC/eAsic deal: http://www.easic.com/vmc-uses-easic-to-achieve-24-756-ths-bitcoin-miner/

Very different from the HashFast/Uniquify case: https://bitcointalk.org/index.php?topic=262052.0 (signed letter from Uniquify about the chip development, dated July 24, 2013), while the official PR on Uniquify's website was published 20 days later, on August 13, 2013.

The 'A' in NDA stands for 'Agreement.'   Roll Eyes

The market has known about an ACTM/eASIC agreement for a long time.  Ken's meeting with them was long, long ago.

That's why the rally today was so brief.  There was no new information in the press release, just a rehash of old stuff.
8672  Bitcoin / Hardware / Re: [VMC] Official Virtual Mining Corporation Discussion on: September 05, 2013, 12:43:05 AM
Well sure, but eASIC had already published a signed letter confirming the deal with ACTM too, so a PR on eASIC's website likewise carries almost no weight.

No, eAsic didn't publish any signed letter and didn't confirm any deal before today.

Yes they did, it's in the FAQ.

ActiveMining F.A.Q.

Can you please provide some documents as proof of the existing claims?

eASIC chip NDA: http://axs.net/AMC/eAsic-NDA0001.jpg and http://axs.net/AMC/eAsic-NDA0002.jpg
8673  Bitcoin / Hardware / Re: [VMC] Official Virtual Mining Corporation Discussion on: September 04, 2013, 11:57:12 PM
eASIC press release:

http://virtualminingcorp.com/pr130904.pdf
http://www.easic.com/vmc-uses-easic-to-achieve-24-756-ths-bitcoin-miner/

Additional important news for shareholders from Ken via the Advisory Board:

First units on schedule for second half of November.

PR will post this formally shortly (re: press release)


Nope, nothing new, just a PR on their site about that deal.

Yes, it's just vaporware until we hear about a tape-out.   Grin

Really out of context. That was the quote I made to HashFast on the 14th August. Roll Eyes

For HashFast, Uniquity had already published a signed letter confirming the deal much earlier, so a PR on Uniquity's website carried almost no weight. In this case, this is the first official confirmation from eAsic.

Well sure, but eASIC had already published a signed letter confirming the deal with ACTM too, so a PR on eASIC's website likewise carries almost no weight.
8674  Bitcoin / Hardware / Re: [VMC] Official Virtual Mining Corporation Discussion on: September 04, 2013, 10:36:50 PM
eASIC press release:

http://virtualminingcorp.com/pr130904.pdf
http://www.easic.com/vmc-uses-easic-to-achieve-24-756-ths-bitcoin-miner/

Additional important news for shareholders from Ken via the Advisory Board:

First units on schedule for second half of November.

PR will post this formally shortly (re: press release)


Nope, nothing new, just a PR on their site about that deal.

Yes, it's just vaporware until we hear about a tape-out.   Grin
8675  Economy / Securities / Re: ActiveMining Overview and Speculation Thread on: September 04, 2013, 10:02:52 PM
Hooray!  Finally, another chance to sell at over 0.0045!

8676  Economy / Securities / Re: [ActiveMining] The Official Active Mining Cheerleaders convention on: September 04, 2013, 05:21:51 PM
i'm all out GG ActM

You could have and should have sold your 180,000 shares for 0.0045 weeks ago, when I went all out.   Cool

180k * 0.003 = 540 BTC
180k * 0.0045 = 810 BTC

Your stubbornness only cost you 170 BTC ($24,000).  Good job, you're a real Pro at Bitcoin investing (NOT!)

You listen to iCEBREAKER, or you make a fool or yourself and lose a lot of money.  That's the law, no exceptions.   Tongue

I'm willing to takeover whatever is left in your failed heap of securities for only $10k + 20% of our profits.

Sorry, I would have offered sooner but mistakenly thought you knew what you were doing.   Undecided
8677  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: September 04, 2013, 07:16:28 AM
Good work guys! That Stuart guy deserves a frikin medal for his efforts



Which sock most deserves this?

Stuart?  Zumzero?  Volcanic?
8678  Economy / Securities / Re: [PicoStocks] 100TH/s bitcoin mine [100th] on: September 04, 2013, 06:49:56 AM
Tytus has some technical difficulty with the site - I'm sure he's working on it.
Hope all's good with the site data.

3 days of downtime, at precisely the long-awaited, much delayed moment of triumph, is not a nice thing for patient early investors wishing to take some well deserved profit.

Picostocks was OK for the IPO, but can't handle consistent uptime, much less appreciable trade volume.

Time to move to a real (IE non-single asset based) exchange, or at least set up a passthrough.

Enough amateur hour, 200TH is ready for prime time!
8679  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: September 04, 2013, 06:35:47 AM
At least someone is fighting against the blatant trolling in ActM. I personally put them on ignore, but it is satisfying that he's able to embarrass them so easily.

The only person Stuart managed to embarrass was himself and we all had a laugh at him.

^^^This is true.  I was there and saw/participated in it.   

Where is VE BTW?    Huh   Cheesy
8680  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread on: September 04, 2013, 06:26:14 AM
It's not a situ that can continue any longer IMHO (because he needs some press coverage as well as long term shareholders being unhappy about lack of information) and we've made that clear. Ken is not the best at handling the public side of things as we all know and tends to focus on his engineering.

It's a holiday in the US Monday but tues onwards we'll continue to push him daily to ensure he is chasing it up as his highest priority. We want to see this put to bed within the next week or so but it's not down to us.


Any progress yet?

Progress is under NDA.  Cheer louder and buy more, or GTFO.

If you like insider trading, get 100k shares and join the Board of Ultimate Uselessness.
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