Bitcoin Forum
May 03, 2024, 05:36:30 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 [62] 63 64 65 66 67 68 69 »
1221  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: October 24, 2013, 05:54:54 PM

I'd like to suggest The Old Homestead Steakhouse in Manhatten.



Isn't NYC a bit far from the action? I'm sure we will all want a tour of the facilities too so keeping it in MO might be the best idea?
1222  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: October 24, 2013, 05:22:15 PM
the activeminingmobile  Cool
Interestingly this is the same procedure used to make a 24 TH miner.

Do they have a Vegetarian option?
The only option is to eat vegetarians.

Cows are vegetarians so they will be doing that already.
1223  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: October 24, 2013, 05:05:49 PM
Let me give you another activemining history lesson.. Ken "got his hand slapped" by eASIC long before he published those estimated dates.  So if he was comfortable announcing those dates, then there is no reason why he can't tell us whether he is on track or not.  This would NOT be violating any "NDA". 

Seriously I'm tired of reading you posts. You are going round in circles and repeating yourself like a child. Can you give it a rest for a bit?
1224  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: October 24, 2013, 05:04:16 PM
If Ken succeeds at a) delivering a reasonable product to market which sells well, b) develops an exchange with some depth that allows for trading c) puts aside a few machines for ActM to mine d) continues to pay out dividends and increases the dividends accordingly, I will hunt Ken down and buy him the best steak which can be bought in a Missouri steak house and will thank him personally. And that is not a threat, that is a promise. Also, I will buy a steak for myself and will join him in dinner.

Good idea. I'll join you guys. Let's make sure this all works out.

Yes, lets do that.

Edit:  I am doing everything in my power to make this work out.
For investor morale boosting we should plan something like this but that Steak House looks a bit cheap. I'll be flying over from Europe so I'd appreciate something a bit grander than a Steak House - no disrespect to the one mentioned. Is there anything fancier in Springfield? Would it take a trip to Kansas City or St Louis to find something more substantial? Maybe a large hotel restaurant?

1225  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: October 24, 2013, 04:42:49 PM
Wow such low-life. You guys have no shame.
1226  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: October 24, 2013, 03:54:47 PM
Anyone who uses the unoriginal 'Your mom' joke is clearly still very young and immature. When you lose your own mom one day you will realise that this joke can hurt a lot of people. Genuinely sorry to hear about your mom dude.
1227  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: October 24, 2013, 03:51:33 PM
Do they have a Vegetarian option?
1228  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: October 24, 2013, 10:53:30 AM
He made a veiled threat that he was going to shoot Ken yesterday. It wouldn't be so worrying if Kens place of work was confidential but it isn't.
1229  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: October 23, 2013, 04:15:05 PM

So Ken, what does "Lot of things" entail?  It doesn't look like a lot has happened at all in the last few weeks other than a severe mutilation of share price. 


Well the Advisory Board resigned enmass, btc-tc shut down, BF has barred US investors, the SEC has been sending cease and desist letters around, oh and Ken took the mine pic down from the VMC website. That to me is a lot of things. What more do you want?

lol to the Troll.
1230  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: October 23, 2013, 04:12:25 PM
Yeah we got your point 3 posts ago, you don't need to repeat yourself you know.

So you have discovered that ACtM do marketing. OK. And the miner is not 1 machine but involves expansion cards/cases. Check.

Thank's for telling us what we already knew. Please do come back soon.

1231  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: October 23, 2013, 04:09:15 PM
The wafer pricing isn't much more than normal wafers from what I hear (1K-2K more) The real cost of eASIC is in the NRE.

The whole point of nextreme is lowering the NRE for smaller volumes by eliminating the need for a full mask set.  

+1
1232  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: October 23, 2013, 04:06:46 PM

how about we 1st pretend that ACtM makes miners.

Yeah good one, but I deliberately said 'makes miners' rather than 'plans to' because I think the first VMC miner is already alive. It might not be for sale or have our eASIC chip inside it yet but that's why it's a prototype.
1233  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: October 23, 2013, 04:00:29 PM
hey Ken?

anyone seen Ken lately?

Yep, he's on here almost everyday posting or deleting or on pm. Oh yeah, I think he also has a fledgling multi-million dollar business to run but I'm sure that doesn't take up much of his day. Muppet.
1234  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: October 23, 2013, 03:39:46 PM
Here's a challenge for someone - can you work out how many of these machines ACtM will need to have running in 2months from now to capture 5% of the global market in BTC mining?

First answer gets a gold star.



Pick me Pick me,

The answer is 17-20

or

1632 - 1920 256GH Cards

or

26,112 - 30,720 16GH Chips



YOU GET THE GOLD STAR!!

A poxy 20 miners for 5% in 2 months.

I like this.
1235  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: October 23, 2013, 03:27:28 PM
Here's a challenge for someone - can you work out how many of these machines ACtM will need to have running in 2months from now to capture 5% of the global market in BTC mining?

First answer gets a gold star.

1236  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: October 23, 2013, 02:49:52 PM
We're making a 24TH miner...assuming we could afford more than 1 of our own miners, i'd say 1% is a tad low.
I can also make a 24 TH miner, with Block Erupters.

The most powerful base unit is this: http://virtualminingcorp.com/shop1/index.php?id_product=26&controller=product

To achieve the advertised 24 TH, you need many of these, and "expansion cases" (basically PCI-Express multiplexers, though it's probably cheaper to use many of your own motherboards instead of what VMC is selling). It is cute marketing, but it's not a chip doing 24 TH, or even a unit.

Santa Clara, CA and Springfield, MO – September 4, 2013 – eASIC® Corporation, a leading provider of single mask ASIC devices and Virtual Mining Corporation (VMC) today announced that VMC will use eASIC Nextreme-3™ 28nm devices to create a series of scalable Bitcoin mining machines capable of generating up to 24.756 TH/s (tera hashes per second) of cryptographic hashes.



Yeah I think we know it's not a single chip or perhaps not all in one base unit, what difference does that make? Each miner will be 24TH period. How do you like them apples?


LOL to you quoting retail price, er I don't think ACtM will be paying that some how. And I think for the large industrial unit there will be a solution that doesn't involve 96 PCI cards.
1237  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: October 23, 2013, 02:46:36 PM
That floor space right there alone could hold 20 banks of three tier 30 bank shelves so that would be 600 miners.


1238  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: October 23, 2013, 02:26:40 PM
We will need to maintain a hashrate as follows for 1% all throughout 2014:

Jan - 500 TH/s
June - 32,000 TH/s
December - 2,000,000 TH/s


I think most people are looking as the difficulty question and the hugeness of the apparent possibilities blinds them a bit.

One thing to remember is for example a 500% increase in difficulty for ACtM is the same for their competitors. Every industrial scale mining operation has the same issue of how they will they keep their market share? If ACtM need to upscale their operation by 500% well so do all the others. How will ACtM do it? Well how will any company do it? If it can't be done across the board for logistics/funding issues then will that rise in hashing difficulty occur?

We know not all mining is done by large outfits, but there will be a finite number of people with the interest and cash available to order a home mining rig. When does the home market reach saturation point? Is it close? (any one have any accurate figures on % of home miners vrs % of industrial outfits?)

A good way I think to look at ACtM's prospects is in terms of % of 'global production'. Lets pretend for a second that ACtM make not miners but golf clubs. Lets also say the market for golf clubs is rising by 100% a month and all manufactured clubs are bought by eager golfers. Lets also say that ACtM have a deal with a very very successful golf club manufacturer, lets call them eASIGolf. Now in that situation would we think that ACtM could initially capture 1% of the global golf club market? Bearing in mind they have a couple of mill USD to have eASICGolf design and fab the latest tech clubs. I think that is more than likely. Now there are already several established golf club makers on the market but still the 1% seems to me to be conservative. Lets, move on 2 months, the golf club market has expanded, can ACtM ramp up production to meet demand? Well yes, everyone else is having to so there is no reason why eASIGolf can't knock out more and more sets of clubs. 1% of a global market worth say 400 million USD per year is not actually all that big a deal. It's only 4mill USD isn't it?
1239  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: October 20, 2013, 08:26:18 PM


Do you want him to post Ken's address?  Why are you inciting him?  

You know from what I've read that I do not want him to post anyones address, or threaten to shoot, maime or kill anyone.

Nor do I wish him to encourage others to shoot anyone.

Nor do I wish him to implant the idea of shooting anyone in the minds of impressionable investors who may think the CEO is to blame in some way for their loss - when he clearly is not.

1240  Economy / Securities / Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated] on: October 20, 2013, 08:23:38 PM
You are making some rash assumptions

Whatever I assume here is by the by. You are assuming this will go no further - now that could have terrible consequences for you, your job, and your family.
Pages: « 1 ... 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 [62] 63 64 65 66 67 68 69 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!