[AMC]-The Official Active Mining Cooperative Discussion

[oaxaca]

Were starting to get some publicity for the VMC miners. Feel free to send this guy a donation if your stock price goes up or some miners get sold. I subscribe to his channel, he has a real good incite into BTC and BTC trading.


http://www.youtube.com/watch?v=gEyrg2JVBSA&feature=youtu.be&t=9m18s


http://thegenesisblock.com/amc-announces-4-8-ths-bitcoin-miners-for-3000-btc/

Ken, is the pricing correct on these. You want .25mil for a miner?

At today's difficulty (insert your own comment here), it would mine 3,439 BTC per month.

[WildFire.ca]

Were starting to get some publicity for the VMC miners. Feel free to send this guy a donation if your stock price goes up or some miners get sold. I subscribe to his channel, he has a real good incite into BTC and BTC trading.


http://www.youtube.com/watch?v=gEyrg2JVBSA&feature=youtu.be&t=9m18s


http://thegenesisblock.com/amc-announces-4-8-ths-bitcoin-miners-for-3000-btc/

Ken, is the pricing correct on these. You want .25mil for a miner?

At today's difficulty (insert your own comment here), it would mine 3,439 BTC per month.

It looks like your right, they will be worth it at that price. Even if the difficulty went up 5x of what it is today they would still make decent money.
http://bitclockers.com/calc/mining_difficulty/100190846/difficulty_change/15/btc_per_block/25/value_per_btc/100.00/mhash_rate/4800000/cost_per_kwh/0.10/watts_consumption/1000/total_days/180/hardware_cost/250000

[kslaughter]

Were starting to get some publicity for the VMC miners. Feel free to send this guy a donation if your stock price goes up or some miners get sold. I subscribe to his channel, he has a real good incite into BTC and BTC trading.


http://www.youtube.com/watch?v=gEyrg2JVBSA&feature=youtu.be&t=9m18s


http://thegenesisblock.com/amc-announces-4-8-ths-bitcoin-miners-for-3000-btc/

Ken, is the pricing correct on these. You want .25mil for a miner?

At today's difficulty (insert your own comment here), it would mine 3,439 BTC per month.

It looks like your right, they will be worth it at that price. Even if the difficulty went up 5x of what it is today they would still make decent money.
http://bitclockers.com/calc/mining_difficulty/100190846/difficulty_change/15/btc_per_block/25/value_per_btc/100.00/mhash_rate/4800000/cost_per_kwh/0.10/watts_consumption/1000/total_days/180/hardware_cost/250000

Here is our Highest End: 24.576 TH/s - 6 Expansion Cases - 96 256 GH/s cards.

[peonminer]

Any shares left?? How to buy in??
 
Thanks.

[kslaughter]

Any shares left?? How to buy in??
 
Thanks.

Buy AMC shares, then tender them for ActiveMining shares on bitfunder.com, they are cheap now.

[kslaughter]

Name changed to ActiveMining.

[ArcticWolf]

As Ken said, make an account on Bitfunder.com or btct.co and buy AMC or AMC-PT. Shares are pretty cheap at the moment!

And Id just like to say, as a shareholder, I am very excited by where things are going!
You are doing a great job Ken

[Streets 2.0]

As Ken said, make an account on Bitfunder.com or btct.co and buy AMC or AMC-PT. Shares are pretty cheap at the moment!

And Id just like to say, as a shareholder, I am very excited by where things are going!
You are doing a great job Ken

AMC-PT shares will allowed to be swapped as well 1:1, correct?  Im 99% sure this is the case, just want to be sure

[ArcticWolf]

As Ken said, make an account on Bitfunder.com or btct.co and buy AMC or AMC-PT. Shares are pretty cheap at the moment!

And Id just like to say, as a shareholder, I am very excited by where things are going!
You are doing a great job Ken

AMC-PT shares will allowed to be swapped as well 1:1, correct?  Im 99% sure this is the case, just want to be sure

For every PT share sold Ken holds a share on Bitfunder, so I would assume so

[neilol]

....
Well, since bitfunder does it over all the issued shares it will be over 10 million, however the dividends from the unsold shares will go into the pot for the next weeks dividends.

WHAT?! You can not pay dividends to treasury stock. Think about it for a second. This is beyond absurd if bitfunder allows this

If you have issued 1 000 shares (Shares Total in btf speak) and 100 are outstanding (not held by issuer aka issued and sold to shareholders "Shares Issued" in btf speak), profits will be divided among 100 shares and not by 1 000 shares. 900 shares are treasury stock and those have no right for dividends, voting or for anything else.

Issued shares - shares outstanding = treasury stock


If a Co buys  back its own shares for whatever reason (usually undervalued on the market and Co has huge amounts of cash laying around) those shares become automatically treasury stock.

This

[kslaughter]

....
Well, since bitfunder does it over all the issued shares it will be over 10 million, however the dividends from the unsold shares will go into the pot for the next weeks dividends.

WHAT?! You can not pay dividends to treasury stock. Think about it for a second. This is beyond absurd if bitfunder allows this

If you have issued 1 000 shares (Shares Total in btf speak) and 100 are outstanding (not held by issuer aka issued and sold to shareholders "Shares Issued" in btf speak), profits will be divided among 100 shares and not by 1 000 shares. 900 shares are treasury stock and those have no right for dividends, voting or for anything else.

Issued shares - shares outstanding = treasury stock


If a Co buys  back its own shares for whatever reason (usually undervalued on the market and Co has huge amounts of cash laying around) those shares become automatically treasury stock.

This

Talked with Ukto, and he is going to be changing this.

[MrMochi]

I must say I'm impressed how fast this was turned around.
Monitoring this security with optimism once more.
Nice work and good luck.

[Streets 2.0]

Basic-Mining just picked up their third Avalon and look at their price per share, 1m shares issued.  25m AM shares, 6 Avalons instead of 3.  Not taking into account future plans, I wonder if the public would view AM shares on an equal valued ratio?  

Current Basic pricing is .243

.243 / 25 = .00972 per share - now consider we have 6 Avalon's, wouldn't it seem logical that current market value of the AM shares to be issued would be worth much more than 0.00972 and you would be crazy to NOT be scooping up every available AMC share in preparation for the swap?  All of this is not taking into account the variable of in house chip development and selling of mining hardware.  I have been racking my brain trying to analyze potential future market value given the different scenario's at hand.

Lets say not one chip is ever sold, and the 20,000 Avalon chips on order are brought online, speculate that share price.

Lets say chips are sold and a few miners are purchased at the CRAZY price they are set at, the 20,000 Avalon chips are brought online, and the remaining manufactured Fast Hash machines developed for AM are used for mining, speculate that share price.

Point being, considering a worst case scenario, just 6 Avalon's and the 20,000 chips to be put on Klondike, the price per share right now is extremely low.

[WildFire.ca]

Were starting to get some publicity for the VMC miners. Feel free to send this guy a donation if your stock price goes up or some miners get sold. I subscribe to his channel, he has a real good incite into BTC and BTC trading.


http://www.youtube.com/watch?v=gEyrg2JVBSA&feature=youtu.be&t=9m18s


http://thegenesisblock.com/amc-announces-4-8-ths-bitcoin-miners-for-3000-btc/

Ken, is the pricing correct on these. You want .25mil for a miner?

At today's difficulty (insert your own comment here), it would mine 3,439 BTC per month.

It looks like your right, they will be worth it at that price. Even if the difficulty went up 5x of what it is today they would still make decent money.
http://bitclockers.com/calc/mining_difficulty/100190846/difficulty_change/15/btc_per_block/25/value_per_btc/100.00/mhash_rate/4800000/cost_per_kwh/0.10/watts_consumption/1000/total_days/180/hardware_cost/250000

Here is our Highest End: 24.576 TH/s - 6 Expansion Cases - 96 256 GH/s cards.

http://www.youtube.com/watch?v=jYj7T9eEQ4U

[kslaughter]

As Ken said, make an account on Bitfunder.com or btct.co and buy AMC or AMC-PT. Shares are pretty cheap at the moment!

And Id just like to say, as a shareholder, I am very excited by where things are going!
You are doing a great job Ken

AMC-PT shares will allowed to be swapped as well 1:1, correct?  Im 99% sure this is the case, just want to be sure

Tendered on BTC-TC and then transfered at no charge to bitfunder for ActiveMining shares.

[Vbs]

As Ken said, make an account on Bitfunder.com or btct.co and buy AMC or AMC-PT. Shares are pretty cheap at the moment!

And Id just like to say, as a shareholder, I am very excited by where things are going!
You are doing a great job Ken

AMC-PT shares will allowed to be swapped as well 1:1, correct?  Im 99% sure this is the case, just want to be sure

Tendered on BTC-TC and then transfered at no charge to bitfunder for ActiveMining shares.

I'm sure there's a lot of ppl also waiting to tender them on BTC-TC too, after/if ActiveMining is approved there!

[Streets 2.0]

As Ken said, make an account on Bitfunder.com or btct.co and buy AMC or AMC-PT. Shares are pretty cheap at the moment!

And Id just like to say, as a shareholder, I am very excited by where things are going!
You are doing a great job Ken

AMC-PT shares will allowed to be swapped as well 1:1, correct?  Im 99% sure this is the case, just want to be sure

Tendered on BTC-TC and then transfered at no charge to bitfunder for ActiveMining shares.

I'm sure there's a lot of ppl also waiting to tender them on BTC-TC too, after/if ActiveMining is approved there!

I want to stay on BTCT at all costs, so I am hoping that we are approved there.

[bobdude17]

As Ken said, make an account on Bitfunder.com or btct.co and buy AMC or AMC-PT. Shares are pretty cheap at the moment!

And Id just like to say, as a shareholder, I am very excited by where things are going!
You are doing a great job Ken

AMC-PT shares will allowed to be swapped as well 1:1, correct?  Im 99% sure this is the case, just want to be sure

Tendered on BTC-TC and then transfered at no charge to bitfunder for ActiveMining shares.

I'm sure there's a lot of ppl also waiting to tender them on BTC-TC too, after/if ActiveMining is approved there!

Yes that would help a lot, I find BTC-TC to be so much more convenient.

[Streets 2.0]

As Ken said, make an account on Bitfunder.com or btct.co and buy AMC or AMC-PT. Shares are pretty cheap at the moment!

And Id just like to say, as a shareholder, I am very excited by where things are going!
You are doing a great job Ken

AMC-PT shares will allowed to be swapped as well 1:1, correct?  Im 99% sure this is the case, just want to be sure

Tendered on BTC-TC and then transfered at no charge to bitfunder for ActiveMining shares.

I'm sure there's a lot of ppl also waiting to tender them on BTC-TC too, after/if ActiveMining is approved there!

Yes that would help a lot, I find BTC-TC to be so much more convenient.

And more secure!

[WildFire.ca]

As Ken said, make an account on Bitfunder.com or btct.co and buy AMC or AMC-PT. Shares are pretty cheap at the moment!

And Id just like to say, as a shareholder, I am very excited by where things are going!
You are doing a great job Ken

AMC-PT shares will allowed to be swapped as well 1:1, correct?  Im 99% sure this is the case, just want to be sure

Tendered on BTC-TC and then transfered at no charge to bitfunder for ActiveMining shares.

I'm sure there's a lot of ppl also waiting to tender them on BTC-TC too, after/if ActiveMining is approved there!

I want to stay on BTCT at all costs, so I am hoping that we are approved there.

It will get approved at both BTCT and BT. There is too much public support for this company for them not too approve it.