[AMC]-The Official Active Mining Cooperative Discussion

[Vbs]

Not yet, I will post here as soon as I hear something from Avalon.

I guess they haven't yet cleared all the orders from Feb 18th...

[stereotype]

Not yet, I will post here as soon as I hear something from Avalon.

I guess they haven't yet cleared all the orders from Feb 18th...

From what im reading elsewhere, the order numbers and days seem to be inconsistent with delivery time, so who knows. Im sure it wont be long now.

[kslaughter]

[BITFUNDER] [AMC] [PAID] 40,000,000 @ ฿0.00000101

[Vbs]

[BITFUNDER] [AMC] [PAID] 40,000,000 @ ฿0.00000101

 

Also, more good news:

Avalon appears to be entering mass production as seen here http://imgur.com/a/fqpME
This is from a mailing list email I just received. Competition, ON.
"Dear pierrejo,
It is time, tickets have subdued as most orders have been added to the system, shipping has began en mass.
picture are worth a thousands of words."

[joele]

[BITFUNDER] [AMC] [PAID] 40,000,000 @ ฿0.00000101

Nice, thanks!

[canuck]

Mmmmmmm. Tasty dividends. Nom nom nom.

[joele]

Best time to buy shares while price is still low. I'm buying more.

[Ashitank]

Yeah get it while it's averaging @ .00079 ~ .00080   , cant wait to get remaining Avalon deployed & future growth prospects.

[kslaughter]

Yeah get it while it's averaging @ .00079 ~ .00080   , cant wait to get remaining Avalon deployed & future growth prospects.

IMHO I think it is undervalued by 15X to 25X.

[circuitry]

Yeah get it while it's averaging @ .00079 ~ .00080   , cant wait to get remaining Avalon deployed & future growth prospects.

IMHO I think it is undervalued by 15X to 25X.

(Relatively) noob here, and proud small new shareholder since the last week. Care to explain the reasoning behind those numbers? If the shares were to go up to, let's say, 0.016, AMC total valuation would be:

0.016 BTC/share x 100,000,000 shares = 1,600,000BTC

1,600,000BTC x $110/BTC = $176M

...that's more than the current value of AsicMINER, which is way too optimistic with a 6-Avalon farm (and only 3 of them mining at the moment).

[stereotype]

Yeah get it while it's averaging @ .00079 ~ .00080   , cant wait to get remaining Avalon deployed & future growth prospects.

IMHO I think it is undervalued by 15X to 25X.

But we cant see what you see Ken   

If you could demonstrate the previously cited plans and actions are being built on, and moving in the right direction, you could be correct. The order book suggests, this is what people are waiting for.

[kslaughter]

Yeah get it while it's averaging @ .00079 ~ .00080   , cant wait to get remaining Avalon deployed & future growth prospects.

IMHO I think it is undervalued by 15X to 25X.

(Relatively) noob here, and proud small new shareholder since the last week. Care to explain the reasoning behind those numbers? If the shares were to go up to, let's say, 0.016, AMC total valuation would be:

0.016 BTC/share x 100,000,000 shares = 1,600,000BTC

1,600,000BTC x $110/BTC = $176M

...that's more than the current value of AsicMINER, which is way too optimistic with a 6-Avalon farm (and only 3 of them mining at the moment).

Thanks for investing in AMC.  Yes, you are right about being to optimistic with what we have now.  Now lets look down the line a bit.  We have a total of 5.651 TH/s coming on in the next 2 months, plus 10% royalties from VMC for machine sales and chips sales.  So, just use the 5.651 TH/s in 2 months and estimate what the dividends will be with an increase in difficulty.  Use 40,000,000 shares as that is all that gets dividends for the next 11 months.

[kslaughter]

Yeah get it while it's averaging @ .00079 ~ .00080   , cant wait to get remaining Avalon deployed & future growth prospects.

IMHO I think it is undervalued by 15X to 25X.

But we cant see what you see Ken    

If you could demonstrate the previously cited plans and actions are being built on, and moving in the right direction, you could be correct. The order book suggests, this is what people are waiting for.

You see all I see.  See previous post about our increase in hashing power which we have posted.  The wild card here, is if we can get our own chip, which can be competitive with KnCMiner's chip.  If so, then the machine sales and chips sales would really boost the value.  But, don't take that into account, just use the increased hashing power, add to that the 50% growth and development fund to increase the hashing power even more.  See VBS's spreadsheet in this thread for a more detailed forecast.  

[dhenson]

Thanks for investing in AMC.  Yes, you are right about being to optimistic with what we have now.  Now lets look down the line a bit.  We have a total of 5.651 TH/s coming on in the next 2 months, plus 10% royalties from VMC for machine sales and chips sales.  So, just use the 5.651 TH/s in 2 months and estimate what the dividends will be with an increase in difficulty.  Use 40,000,000 shares as that is all that gets dividends for the next 11 months.

I have very high hopes for AMC (currently holding a large number of shares).  Being completely pragmatic however forces me to temper my optimism.  Below are the reasons why I've been holding at .0008 and not buying too many more.

1) The remaining 15 million shares need to be sold before the price will appreciably rise.  Investors appear to be unwilling (rightly so) to pay more than .0008/share when Ken could post the remaining shares at .0008 at any time.  I don't know what the solution to this problem is, possibly offer 5 mill shares on each btct.co and havelockinvestments.com?  Ken's goal was to let the market decide the price before issuing the remaining shares, but the looming flood of shares is artificially keeping the share price down.

2) We appear to be behind the ball attempting to design and sell 110nm mining rigs when 65nm are starting to ship and 28nm look to be shipping in September.  I'm not sure how much interest there will be today in pre-ordering a fast-hash 80 device at current price/power points.  I don't see hardware sales positively effecting share price until we can get in front of the ball.  I could see interest in pre-orders for 28nm chips if a reference PCB design was published and more was known about production agreements.

That being said, I have high hopes, but don't really see the share price moving in the short term.

[forensick]

Thanks for investing in AMC.  Yes, you are right about being to optimistic with what we have now.  Now lets look down the line a bit.  We have a total of 5.651 TH/s coming on in the next 2 months, plus 10% royalties from VMC for machine sales and chips sales.  So, just use the 5.651 TH/s in 2 months and estimate what the dividends will be with an increase in difficulty.  Use 40,000,000 shares as that is all that gets dividends for the next 11 months.

I have very high hopes for AMC (currently holding a large number of shares).  Being completely pragmatic however forces me to temper my optimism.  Below are the reasons why I've been holding at .0008 and not buying too many more.

1) The remaining 15 million shares need to be sold before the price will appreciably rise.  Investors appear to be unwilling (rightly so) to pay more than .0008/share when Ken could post the remaining shares at .0008 at any time.  I don't know what the solution to this problem is, possibly offer 5 mill shares on each btct.co and havelockinvestments.com?  Ken's goal was to let the market decide the price before issuing the remaining shares, but the looming flood of shares is artificially keeping the share price down.

2) We appear to be behind the ball attempting to design and sell 110nm mining rigs when 65nm are starting to ship and 28nm look to be shipping in September.  I'm not sure how much interest there will be today in pre-ordering a fast-hash 80 device at current price/power points.  I don't see hardware sales positively effecting share price until we can get in front of the ball.  I could see interest in pre-orders for 28nm chips if a reference PCB design was published and more was known about production agreements.

That being said, I have high hopes, but don't really see the share price moving in the short term.

definitely get your stocks traded also on cryptostocks and btct.to, more liquidity needed and it would be easier to trade as well. Bitfunder is OK, but I trade on 4 other apllications and enjoy all of them. It is also good to have shares of companies I bought in different exchanges to protect some part of portfolio

[TheFuneral]

Thanks for investing in AMC.  Yes, you are right about being to optimistic with what we have now.  Now lets look down the line a bit.  We have a total of 5.651 TH/s coming on in the next 2 months, plus 10% royalties from VMC for machine sales and chips sales.  So, just use the 5.651 TH/s in 2 months and estimate what the dividends will be with an increase in difficulty.  Use 40,000,000 shares as that is all that gets dividends for the next 11 months.

I have very high hopes for AMC (currently holding a large number of shares).  Being completely pragmatic however forces me to temper my optimism.  Below are the reasons why I've been holding at .0008 and not buying too many more.

1) The remaining 15 million shares need to be sold before the price will appreciably rise.  Investors appear to be unwilling (rightly so) to pay more than .0008/share when Ken could post the remaining shares at .0008 at any time.  I don't know what the solution to this problem is, possibly offer 5 mill shares on each btct.co and havelockinvestments.com?  Ken's goal was to let the market decide the price before issuing the remaining shares, but the looming flood of shares is artificially keeping the share price down.

2) We appear to be behind the ball attempting to design and sell 110nm mining rigs when 65nm are starting to ship and 28nm look to be shipping in September.  I'm not sure how much interest there will be today in pre-ordering a fast-hash 80 device at current price/power points.  I don't see hardware sales positively effecting share price until we can get in front of the ball.  I could see interest in pre-orders for 28nm chips if a reference PCB design was published and more was known about production agreements.

That being said, I have high hopes, but don't really see the share price moving in the short term.

#1 worries me as a new buyer. I have now read this entire thread and am worried about the remaining shares. I think there were WAY too many shares issued for this which creates the confusion along with shares being in different categories. I still don't get why all the shares aren't issued at once and let the market do it's job. If Ken plans to indeed be successful then the shares will grow on their own. If he has other intentions then it sounds like he is trying to manipulate the market which worries me.

As for the development portion he claims I find that whole part hard to believe or even apart of the picture. We've heard nothing new on that front.

bitfunder is also harder to use than btc.co so not sure why it's on this exchange.

BOL to all.

[kslaughter]

Thanks for investing in AMC.  Yes, you are right about being to optimistic with what we have now.  Now lets look down the line a bit.  We have a total of 5.651 TH/s coming on in the next 2 months, plus 10% royalties from VMC for machine sales and chips sales.  So, just use the 5.651 TH/s in 2 months and estimate what the dividends will be with an increase in difficulty.  Use 40,000,000 shares as that is all that gets dividends for the next 11 months.

I have very high hopes for AMC (currently holding a large number of shares).  Being completely pragmatic however forces me to temper my optimism.  Below are the reasons why I've been holding at .0008 and not buying too many more.

1) The remaining 15 million shares need to be sold before the price will appreciably rise.  Investors appear to be unwilling (rightly so) to pay more than .0008/share when Ken could post the remaining shares at .0008 at any time.  I don't know what the solution to this problem is, possibly offer 5 mill shares on each btct.co and havelockinvestments.com?  Ken's goal was to let the market decide the price before issuing the remaining shares, but the looming flood of shares is artificially keeping the share price down.

2) We appear to be behind the ball attempting to design and sell 110nm mining rigs when 65nm are starting to ship and 28nm look to be shipping in September.  I'm not sure how much interest there will be today in pre-ordering a fast-hash 80 device at current price/power points.  I don't see hardware sales positively effecting share price until we can get in front of the ball.  I could see interest in pre-orders for 28nm chips if a reference PCB design was published and more was known about production agreements.

That being said, I have high hopes, but don't really see the share price moving in the short term.

definitely get your stocks traded also on cryptostocks and btct.to, more liquidity needed and it would be easier to trade as well. Bitfunder is OK, but I trade on 4 other apllications and enjoy all of them. It is also good to have shares of companies I bought in different exchanges to protect some part of portfolio

Thanks for the excellent analysis.  

[kslaughter]

Thanks for investing in AMC.  Yes, you are right about being to optimistic with what we have now.  Now lets look down the line a bit.  We have a total of 5.651 TH/s coming on in the next 2 months, plus 10% royalties from VMC for machine sales and chips sales.  So, just use the 5.651 TH/s in 2 months and estimate what the dividends will be with an increase in difficulty.  Use 40,000,000 shares as that is all that gets dividends for the next 11 months.

I have very high hopes for AMC (currently holding a large number of shares).  Being completely pragmatic however forces me to temper my optimism.  Below are the reasons why I've been holding at .0008 and not buying too many more.

1) The remaining 15 million shares need to be sold before the price will appreciably rise.  Investors appear to be unwilling (rightly so) to pay more than .0008/share when Ken could post the remaining shares at .0008 at any time.  I don't know what the solution to this problem is, possibly offer 5 mill shares on each btct.co and havelockinvestments.com?  Ken's goal was to let the market decide the price before issuing the remaining shares, but the looming flood of shares is artificially keeping the share price down.

2) We appear to be behind the ball attempting to design and sell 110nm mining rigs when 65nm are starting to ship and 28nm look to be shipping in September.  I'm not sure how much interest there will be today in pre-ordering a fast-hash 80 device at current price/power points.  I don't see hardware sales positively effecting share price until we can get in front of the ball.  I could see interest in pre-orders for 28nm chips if a reference PCB design was published and more was known about production agreements.

That being said, I have high hopes, but don't really see the share price moving in the short term.

#1 worries me as a new buyer. I have now read this entire thread and am worried about the remaining shares. I think there were WAY too many shares issued for this which creates the confusion along with shares being in different categories. I still don't get why all the shares aren't issued at once and let the market do it's job. If Ken plans to indeed be successful then the shares will grow on their own. If he has other intentions then it sounds like he is trying to manipulate the market which worries me.

As for the development portion he claims I find that whole part hard to believe or even apart of the picture. We've heard nothing new on that front.

bitfunder is also harder to use than btc.co so not sure why it's on this exchange.

BOL to all.

Don't worry, should AMC need to release more shares to the public, it will be due to the fact that we are in need of capital 1) to develop the chip we are working on, 2) to complete the increase in the hashing rate with the chips we have on order.  3) to increase the hashing rate of the cooperative by purchasing more chips.  All of the foregoing will lead to higher share prices in the long run.  We have received news today and will be releasing it in due course.

June 20, 2013 Update:  The news we have received is still unfolding and may take a few more days before it is released.

[kslaughter]

Current PPLNS Luck:

Average luck per 10 shifts [Since Difficulty Change]

64.97%  145.70%  106.49%  93.35%  101.57%  98.68%  135.04%  130.17%  125.31%  139.82% 

Past luck is not an indication of future results.

[pneumatic5]

Current PPLNS Luck:

Average luck per 10 shifts [Since Difficulty Change]

64.97%  145.70%  106.49%  93.35%  101.57%  98.68%  135.04%  130.17%  125.31%  139.82% 

Past luck is not an indication of future results.

Is...is this the news?