102
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Economy / Securities / Re: [ActiveMining] Drawingthesun's Thread. Only Known/Useful Information.
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on: December 08, 2013, 12:05:52 PM
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So beginning of October, the network was hashing with 800TH/s, now with 5PH/s. End of January this will be 14PH/s or something. 1% would be 140TH/s
The Gen1-Chips will be hashing at 20GH/s max, so we'd need to have 7,000 chips hashing.
Anyone know how many chips per machine? If we say 16, then that's 430 machines. If Ken builds 5 machines per day, that's still 3 month and the hash rate wil be 50PH/s. The official thread claims 24TH/s per machine, but that would be 1200 chips/machine. Sounds a bit high.
So either Ken is hiring in January like crazy or this will be a dud.
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103
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Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
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on: December 07, 2013, 09:01:53 PM
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I don't even think they are close to being done with Intellihash. My assumption is right now they are in the debugging phase, if that. Coding is a small portion of developing software.
This can't be true because in the debugging phase of anything software, you have to run it a lot. Either it is done or it is not for real or Ken does not transfer the generated coins to the address anymore.
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104
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Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
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on: December 07, 2013, 08:32:39 PM
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Testing sample chips by mining I am assuming. Noticed they needed to modify software for said sample chips. Stopped mining with said sample chips so they can modify the software for said sample chips. No more massive transactions while sample chips are not mining.
OK, but the time-frame between the last regular div payout and the last big inbound transactions is about a month. So no more tests since then? And 4 weeks of test runs was enough to develop IntelliHash? No thermal tests since then? This goes contrary to all I know about software development (and which I believe to be true for FPGA development too).
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108
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Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
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on: December 06, 2013, 02:34:06 PM
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Guys, could you please stop shitting all over this thread?
Really, it has devolved from tedious to unbearable. If you cannot stand each other, just DO NOT REACT, that is the most effective way to quiet (presumed) trolls and attention-queens. I'd rather not read about who is racist here, who hangs out on chaturbate, who owns what kind of cats.
Did anyone notice that Ken posted as much ITT in the last 24h as he normally would in a week? And only in response to *concrete* questions dealing with the Crypto-Trade transition. This should be a clue to all of you who feel entitled to get answers to your questions about hashing, products or where Ken is mining with "your" stuff in secret. It is pretty clear that those questions will not be answered, period. It is therefore pointless to ask them again and again, only to clog up the thread. Bitch and moan as much as you like, you won't change that.
So either accept that (I personally would like a more open communication too, but given how the mood is poisoned here, I would reduce interaction with my "share holders" to the absolute minimum too) or sell. But please refrain from jumping everyone's legs like a puppy on coke.
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109
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Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
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on: December 04, 2013, 02:56:04 PM
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If the issue is software, we would not be re-waiting like we are. I think a new mask is being prepared for the next design.
You do know what ASICs are, right? There is no software, if you need to make changes, you need a new chip run. That is precisely what prototypes and low-volume runs are for, or what were you thinking? The delay announced in the Nov announcement is most likely exactly because of this.
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111
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Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
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on: November 30, 2013, 11:16:41 PM
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Things sound potentially interesting, but we have no details on anything.
I hate to break it to you but given Ken's information policy in the last months, there is little chance we'll get answers to those questions, interesting as they may be. I'd say it's a given the "products" are neither drugs nor t-shirts but miners. How much we are mining with has already been calculated some pages before. For the rest, wait for the December announcement
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112
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Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
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on: November 30, 2013, 10:52:50 PM
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Out of respect for those of us with active ignores, would you kindly refrain from quoting well known trolls like VE, bukkake and crumbs? Makes ignores kind of pointless. Concerning the announcement: well done, Ken. This is a solid development, better than I expected. Keep up the good work And if someone is still selling, 0.0005/share - PM me.
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116
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Economy / Securities / Re: [BitFunder] Moving Forward/Resolution Process
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on: November 29, 2013, 10:14:51 AM
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4-while fixing the bug with bitcoind they discovered a flaw in the protocol which would crash bitcoin and its derivates instantly to Zero.
If that were the case he could still alarm Gavin and the dev team and pay out the bitcoins to his customers. This idea makes no sense.
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117
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Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
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on: November 28, 2013, 05:28:13 PM
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EDIT!: Do you really think the shares will never hit 0.0088? That is only 21% higher than the ATH. If you don't think we can pass the ATH when we are mining in full may I ask you; why are you still invested? You don't have high hopes for ActiveMining.
Show me one BTC stock that has reached or surpassed its ATH lately. AM is down 90% from its ATH, VTX 80%. Times are bad for securities denominated in a currency that goes into full deflationary tailspin, this was not clear to me when I bought some shares of ActM, AM, Labcoin and others. In the mean time I have learned that BTC is the fiercest competition to shares. I always considered the $300 I gambled on bitcoin-stocks a high-risk game - after all, if one of several stocks explodes, it might pay for the scams and failures of the others. If none pays back the coins I put into them, some might at least pay back the $300. And if none does, it was an interesting time. I do believe that FC and Ken are sincere, honest and hard-working. If this is enough to corner a market with high-tech that usually is developed by a whole team of engineers, sales people and managers, I don't know. Building 28nm ASICs from ground is no child's play, I expect delays and problems along the way. Unfortunately time and the exploding diff are our enemy, so we might arrive at mining rigs that work but are outdated. At any rate, I can see no proof that we have working miners shipping to customers or orders placed at eASIC and I would not be surprised to learn that November turns into new year. We'll see.
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118
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Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
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on: November 28, 2013, 04:37:07 PM
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Actually three options:
1 - VE is a total dolt and is full of shit.
2 - Ken is mining and scamming.
3 - Ken is mining and ready to shower us with hundreds of Bitcoin in dividends.
You crack me up DTS, you really do. There are a fucking lot more options, like: 4 - Engineering is taking more time than expected because of cooling, power stability or PCB problems 5 - the eASIC samples have bugs, either in the masks or in production 6 - the limited order was placed but got pushed back by eASIC because Apple ordered a 100m batch of chips for the next iPad, contractural obligations be damned. Obviously the chance that we are mining with 10 Exa-hashes/s in secrecy is fucking slim, stop either bitching or being delusional. No, most likely you will not walk away from this a millionaire, tough shit.
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