[ActiveMining] The Official Active Mining Discussion Thread

[Panterino]

ken is running google ads for asics. would be nice if he made some report re that

That's happening for quite a while now (at least two weeks). He didn't ask for permission.

not permission- more like conversion rate, views and analytics

There is a real lack of meaningful news.

[afrotec]

Guys. The dude's busy getting shit done. Don't expect him to be in this thread with a damn hourly update on the analytics for the google ads and petty stuff like that. It would be nice to know...but really not necessary.

There's a lot going on at ActM right now, just relax and and let the man do work.

Perhaps we should compile a list of questions from shareholders that we'd like an official response about. Similar to what TAT does with friedcat.

[metalh47k]

Could we get an update as to where the eASIC deal is at...

Is it still been mulled over by Lawyers? Is it pending ExCo approval?
Is it still in the hashing phase, rolling out all the deats?

Its been 2 weeks since anything substantial to the actual eASIC deal thats been released. I understand there have been updates as to the progress of ActiveMining as a whole. I'm just interested in the eASIC deal. I'm not saying "WHY YOU NO COMMUNICATE!".

Just wondering if ActiveMining-PR could provide an update please 

[ArcticWolf]

Could we get an update as to where the eASIC deal is at...

Is it still been mulled over by Lawyers? Is it pending ExCo approval?
Is it still in the hashing phase, rolling out all the deats?

Its been 2 weeks since anything substantial to the actual eASIC deal thats been released. I understand there have been updates as to the progress of ActiveMining as a whole. I'm just interested in the eASIC deal. I'm not saying "WHY YOU NO COMMUNICATE!".

Just wondering if ActiveMining-PR could provide an update please 

The problem is that the entire deal is under NDA, meaning until it is officially announced they can't really reveal any detail on it at all

[LordMeowMeow]

Ken's just being Ken.

[somestranger]

Could we get an update as to where the eASIC deal is at...

Is it still been mulled over by Lawyers? Is it pending ExCo approval?
Is it still in the hashing phase, rolling out all the deats?

Its been 2 weeks since anything substantial to the actual eASIC deal thats been released. I understand there have been updates as to the progress of ActiveMining as a whole. I'm just interested in the eASIC deal. I'm not saying "WHY YOU NO COMMUNICATE!".

Just wondering if ActiveMining-PR could provide an update please 

The problem is that the entire deal is under NDA, meaning until it is officially announced they can't really reveal any detail on it at all

This, and the fact that Ken really has no reason to post frequent updates now that the NRE has been funded. Good news will come in due time. Meanwhile, get your shares for .005 while it lasts.

[4ju5tice]

If you knew that things would work, and you got the funding for those things, then you'd probably be doing what Ken is doing now, working. Not concerning himself with updating the forums for people that refresh this page every other five minutes. He's done a great job so far, he's never let me down. I've talked with him, I'm willing to invest in him, and I'm not over-invested, so if it doesn't work out, my life will still go on.


 

[AstroBoy]

I know he is busy, but I do like to get my weekly dividend on time, no matter how small.

[iCEBREAKER]

changing $1 million from BTC to USD requires insane quantities of asinine paperwork and requisite delays.

not sure, but NDA probably applies at least until mask is set and wafers are cut.

IOW, leave Ken alone!  

[Panterino]

Where are the photos of the prototype hashing?

[LorenzoMoney]

Speaking of mindless banter, I keep buying shares when it drops under .005 and when it gets to .017 this December I will be happy!

[dhenson]

Speaking of mindless banter, I keep buying shares when it drops under .005 and when it gets to .017 this December I will be happy!

Quoting so when your prognostication becomes reality people can't accuse you of a ninja edit

[tslimx]

+1

Every time someone spreads fud i buy 100 more shares. keep it up.

[mannybitcoins]

Why is Ken not updating us? Doesn't he know that we are more important than whatever work he is doing? This is getting really annoying.

[AstroBoy]

NEWS FROM AVALON REGARDING THE CHIPS!!!!!!

While we have send out some chip orders, there is currently ~200k chips stuck in custom right at this moment for about 2 weeks now, this matter is very painful for us and our customers. As majority of the chip orders ( 70% ) totaling ~800k is made between early and mid-may resulting in a tight time frame to work with. We do have more chips coming in via different route next week which will ease this a little bit. (you can take this as chips will resume shipping by end of next week for now.)
We will take this time to fulfill a promise to announce the next generation chip 2 month ahead of schedule so potential buyers can make a decision. Soon we will be disabling the pre-order of Avalon Gen1 chips and only sell the remaining stock as we phase out old technology for a new 55nm, which goes on sale for immediate delivery at mid October 2013. This 55nm will retain the same physical dimension as the 110nm Gen1, only few pads were changed so getting them up and running requires very little change to existing design.
In addition, there is 2 more chip designs in the pipeline, we have decided to proceed developing Gen3 and Gen4 in parallel due to the long R&D time of low processor nodes, both of these will be a Full Custom ASIC design.

Source: http://www.avalon-asics.com/

[Sou]

Why is Ken not updating us? Doesn't he know that we are more important than whatever work he is doing? This is getting really annoying.

No, no you're not. The IPO is over; a solid foundation of capital has been laid, and Ken is off busting his ass to build on it. We're on a drive to a new uncharted land, and all i hear is kids the backseat "are we there yet? are we there yet??". Either relax and enjoy the ride, or get out the car.

Ps. Don't mean to be harsh, but the redundancy of the posts here have reached am all time high.

[VolanicEruptor]

Why is Ken not updating us? Doesn't he know that we are more important than whatever work he is doing? This is getting really annoying.

No, no you're not. The IPO is over; a solid foundation of capital has been laid, and Ken is off busting his ass to build on it. We're on a drive to a new uncharted land, and all i hear is kids the backseat "are we there yet? are we there yet??". Either relax and enjoy the ride, or get out the car.

Ps. Don't mean to be harsh, but the redundancy of the posts here have reached am all time high.

are we there yet?

[redbeans2012]

Yifu seems to be stating here that the WSJ article was actually true.  What do you think?  Noone has even discussed this yet cause they are set on the chips.

It all begin a few weeks ago when we received an email attached with a PDF containing the person information of some Avalon team members in China. Extortion, a familiar tactic when it comes to the Bitcoin scene and business in China. Threatened to release this information public if we do not pay up; we choose to ignore the demands because the information is quite outdated and some even are inaccurate, making this a low threat.
Everything changed when people started to knock on some team members parent's house looking for them using the information found on the PDF or other sources. This called for a immediate reevaluation of operational security of the Avalon project. This is the main source of delays and lack of communication in the past few weeks. This matter is still on going, but a majority of the Avalon operation has once again been resumed.
Just as this matter is reaching its closure. WSJ prints an mashed article consists of rumors, opinions and pieces of various stories. Avalon whilst under NDA(s) are unable to comment on all aspect of the story. We will however state the following: We were indeed in Amsterdam on Tuesday and had a meeting with TSMC and we will leave it at that for now.

[VolanicEruptor]

He never stated that the WSJ article was true.  Never.

[ronaldlee0917]

A mashed article consists of rumors, opinions and pieces of various stories is very true.