How short-sighted are these people selling at .0021? I picked up a few thousand more shares but I'm about as all-in on this venture as I'm going to get.

This thing pays daily, DAILY!

Even as difficulty increases, at it's current price (BTC0.00369/share) with the current DAILY dividend payment (BTC0.00001922/share), that's over 0.5% return EACH DAY! %15 return EACH MONTH! and somewhere around 100% return for the year (granted the difficulty doesn't increase too much)... still it's a good buy now!

I just put in over 40 BTC into this and should see somewhere around BTC0.25 return for each of the next few days.

There is still a good chunk at a reasonable low price, below the initial IPO, but if you look at the dividends page, you see the proof of how is undervalued compared to other investments!

https://bitfunder.com/asset/TAT.VIRTUALMINE

I thought the same thing, looks a though someone is intentionally trying to keep the price down

Bitfury just got 1.2GH/s for 0.8 watts. How do you think that will play out?

https://www.youtube.com/watch?v=kYyrNhLwrn0

Is the 28nm chips that ACM will deliver the best thing on the market in the near future or is there a competition promising to deliver even more top notch stuff? (let's say this year)

What are the current plans for chip development?
ActiveMining is in the process of gathering necessary funds for paying NRE costs on its 28nm chip. We hope these funds to be gathered soon, so that chip production can start as soon as possible. Estimated dates after NRE payment are:

• Chip samples delivered in 9 weeks;
• Low-volume chip production starting in 12 weeks, using an e-beam process;
• Normal volume chip production starting in 16-18 weeks.

In essence, all profits go to the "first 10,000,000 ActiveMining shares" until ActiveMining has made 25k BTC (or around $2.5 million) in profit.

Mining:

If the difficulty increases 10% every 2016 blocks for the next year or so, then even if all 6.4 TH/s that ActiveMining plans to bring online starts mining now, the total expected mining revenue is only about 19k BTC. I believe 19k is very optimistic. In other words, profits from mining will never reach 0.0025 BTC/share unless ActiveMining increases its hash power at least as fast as the difficulty rises.

Sales:

Mining will never reach the 0.0025 BTC/share threshold, so it will be up to sales to make up the difference. In order to make $2.5 million in revenue, ActiveMining will have to sell at least 50 of the 25 TH/s units. Actually, it will have to sell many more than that to make $2.5 million in profit. I don't know enough to even guess at what the sales would have to be. That information has not been provided.

The real issue is that ActiveMining has not given enough information for anyone to determine whether or not they can profit from an investment in ActiveMining. From the information given out so far, my belief is that it is possible, but not likely.

Does ActiveMining have a business plan? Does it show how they expect to succeed? Is it available to investors?

What happens once we breach the wall? What kind of rise in share value can we expect in an x amount of time? Vague question but could someone set some less vague frames please?

1664220 43h after.

16 days at this rate.

What day is it? Someone mark this down on the sundial. I actually agree with this person.

+1

It is my understanding that once ACTIVEMINING is approved on BTC-TC, AMC shares will automatically be converted over.

Thanks for that!

So, each Jupiter will use 4x100GH/s chips at <=1000W, each chip using a 55x55 package.

Each chip is thus 250W, so I will expect them to use a cooler the size of a graphics card, per chip.

On 250W, we can fit about 16.667 of AMC's chips (let's say 15W each), for a rated performance of 16.667x16=266.667 GH/s.

You know, like someone said, "the devil is in the details"

You're giving me goosebumps!
Actually this is the first I've heard of Ken writing RTL code. I'm not great with the technical side of things so a lot of your post is over my head. Can you recommend some reading to get me up to speed?

Some more information about eASIC:

"eASIC's vision and technology": https://www.youtube.com/watch?v=aQsvbvv2Dww&hd=1

"The Big eASY, eASIC Debuts 45nm FPGA Killer", a 2008 article that explains very well their eCell design, please read it attentively: http://www.eejournal.com/archives/articles/20080805_easy/

"The devices use a logic cell structure that is analogous to the LUT fabric of an FPGA, but programming is accomplished by a “configurable via” that bridges between routing metal layers.  Since this is a single mask layer, there is very little cost or risk involved in programming/customizing the devices.  Furthermore, in early production, the via layer can be programmed via e-beam, allowing for very small (as in 1 unit) production runs.  The company can easily produce a wafer with many designs from different companies, so there is no “minimum quantity” issue for setting up the fabrication process."

I'm encouraging crital thinking in order to attract skeptic investors.  Every point I have brought up has been thoroughly torn apart.  I respect this company and it's very obvious there will be a future here.  Great job, Ken.

200 BTC in 20 minutes over on BTC-TC.

83,000 shares.

Updated the original post with the shares purchased from the wall, doesn't cover 24 hours, more like 20, so I added times of when I dumped into Excel.  These are for BTCT only, as far as I can tell by searching through the trade history, no shares have been purchased from that wall since 7/9 and only 800 shares fell in that day.

Vbs I read your post and it really made me think when you spoke of delays.  

Typical design criteria include NRE, time to market, power consumption, performance, and unit cost.  eASIC offers structured ASICs to address the problem of production times and volume.  Some designers, say KNC, prefer to prototype FPGA first and then take these designs to structured ASIC, and this is where delays can come into play along with increased cost.  The fab time using the straight to structured ASIC is decreased, the NRE and unit cost are of the most efficient.   eASIC's Nextreme and Nextreme-2 families of structured ASICs allows Ken to design directly with these families, both of which have much shorter design times and much lower NREs

Here's my thinking:

ActiveMining needs $1 million or there about. AMC sold around 1 million shares at $105 last week. That's $262,000. The price of bitcoins is now $97. Which means they need about 7600 BTC and to sell about 3,043,000 Shares. They have sold about 400,000 on BTC-TC the past few days. That leaves 2,643,000 Shares to be bought still. There is a block of 1,800,000 for sale on BTC-TC. The remaining 800k still needed is dispearsed throughout the .0025 and .003 range on BitFunder.