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301  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 20, 2014, 01:57:04 AM
Got that meeting with Ken tomorrow. Then have to catch a flight back home shortly after so I might not report back until Tuesday morning unless I get bored at the airport in between.

302  Bitcoin / Hardware / Re: Off-Topic on: January 17, 2014, 06:24:25 PM
I again publicly request the members/moderators of this forum to delete my present and previous addresses, phone numbers, businesses, domain names, links to my profiles and pictures unless they are 100% sure that the Tarandeep Gill they are looking for is me. There are 1000s by the same name (both guys and girls, as names in our culture are mostly unisex) living all over USA. I just happen to be the most famous one.

Is there a way I could get real names and addresses of the people who are posting my information on here?

This is the guy you are looking for.

Hey bar i know we've had our differences in the past but could you kindly provide some more detail?

Bolded for "detail". 100%
303  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 17, 2014, 01:56:05 PM
Has Bargraphics had his meeting with Ken yet? Or is Ken still away?



This should happen on this coming Sunday or Monday.
304  Bitcoin / Hardware / Re: [VMC] Official Virtual Mining Corporation Discussion on: January 17, 2014, 02:24:57 AM
So whats the refund status? Many refunds? I mean we get big news for Million-USD-Orders but no info for refunds. But that would be interesting.

They pay refunds for everyone who requests them, but i don't think there are so many requesting them.

If anyone does request a refund please let us know how the procedure went and if there were any issues.

Mine cleared the bank. Only issue was the bank thinking it could be a fraud on my part since it was not a 'normal' transaction.

Good to hear,

Gerald from ActM made it clear that they would honor any refund request and it appears they are making good on that.

Anyone else that feels they should request a refund should do so but I imagine they will be updating their pricing to reflect the new timeline they will be introducing as per their latest news post.
305  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 15, 2014, 04:59:37 PM
so let me get this straight... (I'm trying to not laugh as I type this)...
1. BG told Ken he would be around on a certain date,
2. Ken agrees to him checking things out,
3. BG shows up, only to see that Ken has conveniently left Springfield.  
4. Meanwhile Gerald is there and tells him "Sorry, NDA".  

Okay I just burst out laughing so hard I think i just damaged something..

As per usual you couldn't be more incorrect.

Ken literally had a last minute flight to San Jose and we are already looking to reschedule the meeting for either Sunday or Monday.

Ken told me he wouldn't be here prior to me leaving but I was coming regardless.

Gerald never said "NDA", we actually had a constructive conversation but anything in detail would have to be discussed with Ken.

You are really off your game VE, time to put in the towel buddy.
306  Bitcoin / Hardware / Re: Off-Topic on: January 15, 2014, 02:13:14 PM
I again publicly request the members/moderators of this forum to delete my present and previous addresses, phone numbers, businesses, domain names, links to my profiles and pictures unless they are 100% sure that the Tarandeep Gill they are looking for is me. There are 1000s by the same name (both guys and girls, as names in our culture are mostly unisex) living all over USA. I just happen to be the most famous one.

Is there a way I could get real names and addresses of the people who are posting my information on here?

This is the guy you are looking for.
307  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 15, 2014, 01:22:01 AM
Should have at least got pictures of the inside... why didn't that happen?

What specifically did you ask and talk about?

I was expecting a Q/A report... even if he deferred, state it.

Believe it or not you can't just whip your camera out and take pictures on private property.

You also don't get to "expect" anything. I already explained that it was told to me to wait for Ken for the questions so that's what I'll be doing. I already told you that I'll be writing a report and it might not be exactly what you want but it will be what you get. If you want something specific then go visit yourself (they have no problems with visitors) or find someone you trust in springfield to do it.
308  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 15, 2014, 12:56:59 AM
Thanks for the update Bargraphics and I look forward to hearing about your discussions with Ken!  Please try and take some photos (any photos, even if it's something we've already seen)...thanks again!

VolanicErupter...Ken & co. aren't trying to blame you for anything.  They just realized that they shouldn't have been giving out so much important information to singular people (especially if he or she is an investor).  It looks like Ken's way of dealing with this is to keep his mouth shut until he is ready to announce certain details.  I agree with his policy although there are a few subjects that I think he should clarify (such as what has shipped?).


I'll for sure get a picture of the front of the building when I come back over the weekend/monday.
309  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 14, 2014, 09:34:21 PM
Heh, VE gets insider info, buys on that info, but what he doesn't know is the rabbit hole goes deeper than him - gets scammed himself  Smiley

<Bargraphics_> Eh I'm not going to argue one way or another as I said in my post, VE was privileged to eASIC information before the deal was closed
<Bargraphics_> and then he took it upon himself to call and harass eASIC
<Bargraphics_> and eASIC slapped Kens hand basically and could have cost them the deal.

I'm actually quite surprised this is gaining so much traction, if I do recall this was already out in the open way back when it originally happened. I don't believe it was confirmed by VE himself said he has this information.

Your right he probably did buy more share on this information and held it and now he's going a little mental because it didn't how how he wanted it to.

So maybe ActM created this "Monster' that is VE.

Funny how things work out.

People get jail time for stuff like this IRL.  Good thing this is playvesting Smiley

People get jail time for operating unregulated securities. I think everyone jumped down this "rabbit hole" "thumper" fully knowing this was unregulated so technically in an unregulated environment this type of action isn't illegal.

But as crumbper would like to happen we're going off topic on actual information to some wild tangent that was already disclosed long ago and resolved then too.

I'm eager to meet with Ken and give a better overview to you guys.
310  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 14, 2014, 09:19:53 PM
Heh, VE gets insider info, buys on that info, but what he doesn't know is the rabbit hole goes deeper than him - gets scammed himself  Smiley

<Bargraphics_> Eh I'm not going to argue one way or another as I said in my post, VE was privileged to eASIC information before the deal was closed
<Bargraphics_> and then he took it upon himself to call and harass eASIC
<Bargraphics_> and eASIC slapped Kens hand basically and could have cost them the deal.

I'm actually quite surprised this is gaining so much traction, if I do recall this was already out in the open way back when it originally happened. I don't believe it was confirmed by Ken until now but VE himself said he had that information.

Your right he probably did buy more share on this information and held it and now he's going a little mental because it didn't how how he wanted it to.

So maybe ActM created this "Monster' that is VE.

Funny how things work out.


Edit: Fixed some bad wording
311  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 14, 2014, 09:12:55 PM
I remember around this time when deal was in danger of falling through and recall pm'ing people to suggest we all back off a bit and let things run their course, but I had no idea that VE was behind this.   Why would he do that?  It's bizarre behaviour and IMO not the actions of a sound mind.  Please stop posting here VE you have lost all credibility.

Thanks for posting Bargraphics, looking forward to hearing about your meet with Ken.

Wow, Ken was doling out confidential eAsic info to some of the investors, to VE, before it was public?  Seems a bit rigged...

Agreed, but apparently they learned very quickly not to do this for more than one reason and we have seen that this is true by all of the vague updates.
312  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 14, 2014, 08:06:20 PM
so bargraphics, are you offended that Ken doesn't even want to talk to you? 

It's funny that you would say that. Gerald did make it extremely clear that one of the main reasons ActiveMining doesn't give out any detailed information is due to them originally telling you about the eASIC deal before it was confirmed and you harassing eASIC to the point where the deal almost fell through.

While I don't think this is a legitimate reason for ActM to hold back information to it's shareholders, from the sounds of it you have done more to harm this company than any actual troll out there.


As I've stated before, a meeting with Ken is likely for this coming up Weekend/Monday.
313  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 14, 2014, 07:26:33 PM
@Bar:  Take any pics of the benches or the Avalons?

No it really was a brief look in and then I was told I would have to wait for Ken to go back in which is understandable. Gerald made it clear that Ken is the boss and decision maker. I have to go back to Springfield on the 20th anyways to get back on plane back home. I expect that will be the day I do the followup meeting.
314  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 14, 2014, 07:02:54 PM
Hey guys,

Writing this on my iphone so I'll make it brief.

I met with Micah and Gerald over here and got a brief tour of the warehouse where I saw the workbenches and their Avalons hashing.

My initial impression was they were very open and enjoyed having customers/shareholders come by. The place was relatively easy to find.

i had breakfast with Gerald and most of my questions were cut short due to only Ken having the authority to answer them.

Gerald let me know that they are still getting orders. Ken is in San Jose meeting with eASIC and the board engineers. Gerald said he is excited for the news that should come back with Ken hopefully sometime this week.

I asked them about their financial situation and of course it was very vague but he mentioned that even if every customer wanted a refund ( and they are giving refunds to anyone that requests them ) they would still be in good shape to continue with the project.

Ken should be back by the weekend and I have a meeting planned with him then.

So take this as you will. They have stressed to me that they are open to others to visit just give them a call/pm/email and set it up if you'd like to come by.

My opinion of the situation is that they seem to be making every effort to make this project happen,
there were delays that could have avoided but it also appears eASIC is working with them to resolve these issues asap.

Tale all of this as you will but I expect the meeting with Ken directly will be more more informative.
315  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 14, 2014, 02:59:31 PM
Good Morning guys,

First pictures of the boards.

This is the board and you can see the huge Oscillator built right in.





Hah I'm kidding, this is actually in a cabinet at the hotel I'm staying at. Something about "e-cycling" which I couldn't help but snap a picture of.

Edit: And the clock actually works! Tongue
316  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 14, 2014, 12:08:36 AM
PS I had someone visited VMC premises in Springfield and he said he could not find it and he also asked in other units but it's quite a big industrial estate so he will be re-visiting this weekend and probably will have some photos as well Smiley

lol

There is a big sign outside the door!

If he/she can find a firm called 'Integrity' which has a large sign and US flag in their front car park then VMC is directly across the road from them up on the left.

The actual part of the industrial estate the VMC office is in is called the 'Cherry Park Centre'.

thanks will past that on to him

he said he drove by and could not find it he stopped at the storage warehouse on cavalier road and asked but nobody knew. like I said he will re-visit this weekend  Smiley

Ah OK, if he is accessing it via S Cavalier Ave then he just needs to go round the back of the 'National Safety Compliance' building - it's a stand-alone small red-brick building half way up S Cavalier Ave. VMC is round the back of this building on the right. Hope he makes it!


It was actually pretty easy to find.

I drove by tonight since I had some extra time and found it pretty quickly. Have a meeting tomorrow morning with Gerald.

I'm actually staying at the Greenstay Hotel that is about 1 minute away.
317  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: January 12, 2014, 07:38:46 PM
If it takes 4 months to get miners, with current funds we could pull 1% network hashrate day 1.... 4 months is enough to start from scratch.... I still rate the possibility of having miners within 4 months at about 50% but the return on investment potential makes the risk worth it.

Now grow the fuck up and stop speculating about everything you insecure bloody teenagers.

If the network hash rate remained constant, a round would last 14 days.

1% of the network = 504 BTC per round
504 / 10,000,000 = 0.00005040 BTC per round per share

If the 1% network share was maintained it would take 50 rounds to pay 0.0025 BTC to 10 million shares.
If the network hash rate was 100 Ph/s, it would take 40 x 24.576 Th/s systems to control 1% of the network, requiring 61,440 x 16 Gh/s chips.

Now, if the network increased by just 10% per round, we get the following:

01) 100 Ph/s
02) 110 Ph/s
03) 121 Ph/s
04) 133.1 Ph/s
05) 146.41 Ph/s
06) 161.051 Ph/s
07) 177.1561 Ph/s
08) 194.87171 Ph/s
09) 214.358881 Ph/s
10) 235.7947691 Ph/s
...
49) 9701.72337848722 Ph/s
50) 10,671.8957163359 Ph/s
51) 11739.0852879695 Ph/s

After 10 rounds, ActM would need 96 x 24.576 Th/s systems to maintain that 1% network share. That's 147,456 x 16 Gh/s chips. After 50 rounds, ActM would need 4,343 x 24.576 Th/s systems to maintain that 1% network share. That's 6,670,848 x 16 Gh/s chips. In order to maintain that 1% share for round 51 ActM would need to bring online another 435 x 24.576 Th/s systems over that round.

If the difficulty increases by 10% per round but ActM only increases by 9% per round, then after 50 rounds 0.00200011 BTC will have been paid out to each share holder (ignoring anything paid already). If ActM only increases by 5% per round, 0.00099533 BTC would have been paid out after 50 rounds.

ActM will not be able to maintain network share. Their chip is simply too slow compared to the competition which will cause them to run in to problems during deployment, problems such as physical space, power constraints, cooling issues, etc. Those numbers above are also pretty conservative. The difficulty has been increasing by far more than 10% per round and the network hash rate is likely to be greater than 100 Ph/s by the time ActM start normal volume production. There will be a lot of different ASICs available by the time ActM are producing miners and they're all faster than 16 Gh/s.


I assume this is why they also want to sell units.
318  Other / Meta / Re: Crumbs, Hashfast, and ban. on: January 12, 2014, 06:50:46 PM

Fair enough,

Although it is confusing that you have known a few of these people for a while considering all of them have made their accounts within the past month (most closer to the days following crumbs ban).

I don't believe anyone is asking you to go on a wild goose chase, but when you have the following posts it should make it obvious.

https://bitcointalk.org/index.php?topic=297503.msg4347959#msg4347959
https://bitcointalk.org/index.php?topic=297503.msg4277189#msg4277189
https://bitcointalk.org/index.php?topic=297503.msg4415914#msg4415914

As far as the other accounts, I guess as long as they stop using the images they are alright hmm.

Edit: Also I know that some of the accounts on that list are already banned.


A few people on that list I know are alts of other people, and to me the posts just look like they are frustrated with who I will explain a bit further down in my post. There are two sides in the activemining thread. The naysayers and the supporters. The naysayers have two sects, the reasonable ones that aire their concerns, and the ones that just want to be annoying. The supporters have two sects as well. The ones that reply to the reasonable naysayer's concerns, and the annoying ones that just call everyone that has a question or concern crumbs. When the annoying naysayers and the annoying supporters converse, it ends up in pages of spam which results in all parties involved getting punished. (Crumbs, StuartUK, etc)

Now there are also the other combinations that are bad, which involves any reasonable side and an annoying opposition which results in slightly fewer pages of spam, but its still bad. In those cases, the offenders alone are punish, and the reasonable and now frustrated party is left alone. As of late, it is getting worse to the point where it is either leave the thread to its own devices, or get rid of everyone involved. To get rid of everyone involved would be unfair, as many people in that thread only post poorly there and no where else, triggered by the annoying ones of either side. To get rid of no one means nothing changes, and to only target the "trolls" means to get rid of the "trolls" and those calling them "trolls" is essentially the first senario of getting rid of everyone.

I understand,

For the record I was also extremely happy with the bans on both sides including StuartUK/Zumzero. It looks as if they have calmed down mostly.
319  Other / Meta / Re: Crumbs, Hashfast, and ban. on: January 12, 2014, 03:27:19 PM
Ok I'll humor you,

These new accounts pop up and go directly for the ActM Thread and literally post the same pictures and use very similar words as crumbs that isn't enough?

I don't believe anyone is saying that you are stupid but I do believe that some things that are obvious are being overlooked.



There are a multitude of different parties that have been banned in the ActM thread, Crumbs is not the only one. It could be any of them, or it could be a totally unrelated person. Crumbs to my knowledge does not speak the languages that some of those people you listed did, and why would he make 15 new accounts? A few of those people on your list I have known for a while, so I'm also reasonably sure they are not crumbs as well. There are a few people on your list that I have no idea about, however this isn't a wild goose chase. If it is crumbs, he will make a mistake and will be banned then. I'm not going to spend hours per day running around in a circle investigating every person that posts in that thread. If I see similar trends between an account and crumbs, I investigate further.

I have seen the posts that those people are making, and that people are reporting. More than a handful are well thought out and reasonable, and then people start calling them "crumbs" to discredit their ideas. I'm not going to play into the debate about Activemining because I have no stake in it, nor any opinion on the matter. I'm not going to humor the opposition nor the pro Activemining people by taking out those that are against it. I honestly don't care if people want to insult Activemining, call it a scam, or whatever. As long as they can post in a way that can be responded to (IE used as conversation) I don't care. People can defend their own stances. I'm not here to ban the "trolls" in the activemining thread, because those that are being called that and the ones calling them that in the first place are pretty much a wash on that account. If special exceptions weren't made for that thread, nearly every single person there would be sacked by now, because its abhorrent how people act there. But, it is a self moderated thread, so Ken is free to do what he wishes, and people have serious financial stakes in the matter, so it is going to inspire more emotional posting than other topics.

Fair enough,

Although it is confusing that you have known a few of these people for a while considering all of them have made their accounts within the past month (most closer to the days following crumbs ban).

I don't believe anyone is asking you to go on a wild goose chase, but when you have the following posts it should make it obvious.

https://bitcointalk.org/index.php?topic=297503.msg4347959#msg4347959
https://bitcointalk.org/index.php?topic=297503.msg4277189#msg4277189
https://bitcointalk.org/index.php?topic=297503.msg4415914#msg4415914

As far as the other accounts, I guess as long as they stop using the images they are alright hmm.

Edit: Also I know that some of the accounts on that list are already banned.
320  Other / Meta / Re: Crumbs, Hashfast, and ban. on: January 12, 2014, 02:43:21 PM
You mean you can safely say that 80% of those names are hidden behind a VPN/Proxy.

No, I can safely say 80% of those accounts are not crumbs, and the other 20% could be safely hidden behind a VPN/Proxy. I'm not actually as stupid as I look, its not often that people change what languages they speak fluently, nor their speech patterns in english.

Ok I'll humor you,

These new accounts pop up and go directly for the ActM Thread and literally post the same pictures and use very similar words as crumbs that isn't enough?

I don't believe anyone is saying that you are stupid but I do believe that some things that are obvious are being overlooked.


Edit: Regardless if it is crumbs or not, I was under the impression that this type of behavior is why he was banned so I can't imagine why you would let these unique individuals to go and have their second/third/fourth posts repeat his process and not get a similar outcome.
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