NOTICE: ALL AMC-PT SHARES WILL BE TENDERED FOR ActiveMining Shares ASAP
AMC is a hybrid Bitcoin mining and development cooperative describing itself as "the next big mining cooperative" is releasing today an offering to early-adopters of Five million (5,000,000) BitFunder virtual shares and issuing another twenty million (20,000,000) BitFunder virtual shares which will be used for the growth and expansion fund, which will receive a total of 100% of the company's virtual-currency profits after all expenses until the total dividends paid is equal to the offering price of .0005 BTC per share and 12 months have elapsed since the initial offering. The Cooperative is hoping to raise up to 2,500 Bitcoins. The offering price will be 0.0005 Bitcoins for the first 20,000,000 early-adopter shares thereafter the price will be .001 BTC per share. If demand is strong enough then share prices may increase throughout the IPO.
Active Mining Corporation (AMC) is a Belize International Business Company DBA Active Mining Cooperative and is made up of a team of dedicated Bitcoin mining professionals with over 30 years of combined experience in the ISP Business including Internet Access and Web Hosting, Graphics Design, Cloud Development, Computer Programming in Multiple Languages, FPGA Hardware And Software Design, Complete Systems Design, Web Design, and System Administration.
The team has been involved with Bitcoins since 2009. AMC has purchased and will operate Application Specific Integrated Circuit (ASIC) Bitcoin mining machines and is developing an ASIC chip and PCB that it will license to VMC for use in their Fast-Hash series of Bitcoin Mining Machines. AMC is developing ASIC chips on the 45nm and soon the 28nm process. AMC's ASIC 45nm chips will have fast speeds of 6 to 9 GH/s with low power usage. The 28nm chips are estimated to have speeds of 9 to 15 GH/s per chip which will be in VMC's Fast-Hash-XXT series of machines which will have even more speed and even lower power usage. VMC may purchase ASIC chips from different vendors if available.
AMC is using the most innovative technology available to develop their chips on the 45nm process and soon the 28nm process. Investors in AMC will receive the benefits of having dividends paid out as soon as AMC starts mining with it's purchased Avalon's and/or purchasing of G.AsicMiner-PT shares. Investors in AMC will see big benefits when AMC develops it's own ASIC chip and VMC creates its Fast-Hash series of Bitcoin mining machines. AMC will receive license fees in the form of Bitcoin mining machines at cost and royalties from VMC for it's technology.
VMC is in talks with a Major Semiconductor Company which can deliver prototype/Low Volume chips to VMC in a 5-10 week time frame after the RTL code for the ASIC chip is ported to their chip and the timing on the chip has been closed.
"In the future," AMC CEO/CTO, Kenneth(Ken) E. Slaughter writes, "the community will benefit from our hybrid mining and development cooperative by buying Bitcoin mining machines which produce income for the cooperative while the cooperative develops a Bitcoin mining chips for the cooperative's own use." AMC's shares and options are already publicly available on BitFunder.com. BitFunder is a popular Bitcoin asset platform which includes listings for several well-known Bitcoin companies, bonds, and other assets. BitFunder accounts can be funded through a developing exchange platform, WeExchange.co.
The IPO serves two purposes, The first being to spread awareness of Bitcoin, "Profit-sharing helps to bring the community together and make a stronger foundation to help support Bitcoin worldwide". A number of Bitcoin businesses have "gone public" on Bitcoin-specific stock exchanges already, most notable is the popular Bitcoin gambling site, SatoshiDice.com. SatoshiDice's virtual IPO on MPEx has given hundreds of Bitcoin users a chance to take part in the business's recent growth and success. With BitFunder, smaller businesses like AMC are aiming not just to raise capital but to benefit from the public interest and community involvement that virtual IPOs generate themselves.
The second reason for the virtual IPO is because AMC needs capital to execute the next phase of it's plan. AMC intends to utilize the capital to massively increase the number and income of Bitcoin mining machines that it operates. This means expanding far beyond the six Avalon mining machine on order and which started shipping April 5, 2013; by purchasing 400 Fast-Hash-80 Bitcoin mining machines, 100 Fast-Hash-400, 100 Fast-Hash-800, 100 Fast-Hash-1.2T, 100 Fast-Hash-2.4T, and 100 Fast-Hash-4.8T if available over the next two years. The cooperative will in next 2 years increase it's total mining speed to over 992,384,000 MH/s if the offer is fully accepted by the community and our development and VMC's purchase of chips as planned. "In the future," AMC CEO/CTO, Kenneth(Ken) E. Slaughter writes, "profits should increase due to not having to spend capital on research and development of our chips, also chip production cost should be dramatically reduced in 2014 and hash speed should dramatically increase."
"This is what the IPO is for," Mr Slaughter writes, "to expand the total speed of our mining equipment and to provide funds to develop and purchase Bitcoin mining chips and our own mining machines for the use of the cooperative."
For those interested in buying shares, AMC has Six Avalon batch 2 machines on order. The machines have started to ship April 15, 2013. As soon as these machines are received they will be set up to start mining on a pool and using the team name "Team AMC" so investors can keep track of AMC's mining speed. AMC's mining operation, with a fully accepted offer from the community will offer a very conservative estimated Net of 0.014058909 BTC per share over 24 months for early-adopters and an estimated Return on Investment of 2,812%/ over 24 months using an estimated .61 reduction in profitability and an increase of difficulty of 40 Times.
Although returns of this magnitude may seem extreme - in the world of Bitcoin mining startups even higher growth rates can be quite common. AMC's hybrid Bitcoin mining and development cooperative gives the investor, a two pronged path to increase the investors return. The two prongs are that of predictable income from purchased mining machines and the extreme growth rates that are possible from developing / purchasing a Bitcoin mining chips and then using that chip to mine Bitcoins. Thanks to innovative capital raising platforms like BitFunder, the average Bitcoin user can participate and potentially yield these high returns. As Bitcoin exchanges become easier to use and improve upon their services, virtually everyone will be able to take part. The IPO is only a few days old but there are still shares available. There has never been a better opportunity to invest and get your share of the Bitcoin mining profit being generated everyday.
Copyright AMC 2013 - All rights reserved
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