[ActiveMining] The Official Active Mining Discussion Thread

[matuszed]

Just come online today to see the Avalon stuff. Lawsuit would be madness, as I posted on the Avalon thread some days ago. Get the refund asap if it's on offer.

As for what to do - re-invest or dividend minus the costs incurred? Any other options?

Thoughts?

What about a 50/50 split on reinvestment and issuing of dividend from any available refund?  The shareholders need to be taken care of in some fashion surrounding this Avalon flub.

Thoughts?

A one time lump dividend payment is bad for business.

If it was 50/50 then it should be given out over time.

There is no need for a one time lump dividend its bad for the long term goals of the company. 

[1714973570]

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[1714973570]

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[Streets 2.0]

Just come online today to see the Avalon stuff. Lawsuit would be madness, as I posted on the Avalon thread some days ago. Get the refund asap if it's on offer.

As for what to do - re-invest or dividend minus the costs incurred? Any other options?

Thoughts?

What about a 50/50 split on reinvestment and issuing of dividend from any available refund?  The shareholders need to be taken care of in some fashion surrounding this Avalon flub.

Thoughts?

A one time lump dividend payment is bad for business.

If it was 50/50 then it should be given out over time.

There is no need for a one time lump dividend its bad for the long term goals of the company. 

We just want to get a feel for what it is shareholders envision as a solution to Avalon's fiasco.

[crumbs]

When do you guys imagine ActM to be hashing with their 28nm chips?
Just curious

...
In total, around 6,377 GH/s, expected to be fully operational in the middle of August.

Nothing else could be discussed because NDA.

Dude, directly above that: "An order of 20,000 Avalon chips (end of May and beginging of June orders), for a combined hashrate of 20,000*282 = 5,640 GH/s."

Why would you even bother bring up the fact he hasn't met that over 6TH goal because we got no chips?

Also the question was specifically talking about mining with our 28nm chips, not the ones we're waiting on from Avalon.

The quote above is exemplary of projections made by Ken & Active Miner.  It speaks volumes of inability to account for anything but the best-case scenario.
I hope this provides the context for the quote in question.

[crumbs]

When do you guys imagine ActM to be hashing with their 28nm chips?
Just curious

...
In total, around 6,377 GH/s, expected to be fully operational in the middle of August.

Nothing else could be discussed because NDA.

wtf.. You do know that he's referring to Avalon chips, not 28nm, right??  LOL.
You can't even troll properly.  I'll show you sometime..

What makes you think that Ken's predictions about chips that don't exist are any better than his predictions about the chips that do exist, LOL?
And watch your tone.  Be polite or stfu, k?

[finlof]

suspected avalon chip funds are now here - http://blockchain.info/address/1JrwWrt3TYUzMYFEBLX5hTo1zFsEY6tWZN - and moving out fast.  seems they might be processing refunds!

[Exocyst]

Just come online today to see the Avalon stuff. Lawsuit would be madness, as I posted on the Avalon thread some days ago. Get the refund asap if it's on offer.

As for what to do - re-invest or dividend minus the costs incurred? Any other options?

Thoughts?

What about a 50/50 split on reinvestment and issuing of dividend from any available refund?  The shareholders need to be taken care of in some fashion surrounding this Avalon flub.

Thoughts?

A one time lump dividend payment is bad for business.

If it was 50/50 then it should be given out over time.

There is no need for a one time lump dividend its bad for the long term goals of the company. 

We just want to get a feel for what it is shareholders envision as a solution to Avalon's fiasco.

It would be nice to see the Avalon money re-invested, but what I would really like to see is the money invested in the 28nm project (which btw, is there any progress on getting a progress report on the eASIC deal?)

[Streets 2.0]

Just come online today to see the Avalon stuff. Lawsuit would be madness, as I posted on the Avalon thread some days ago. Get the refund asap if it's on offer.

As for what to do - re-invest or dividend minus the costs incurred? Any other options?

Thoughts?

What about a 50/50 split on reinvestment and issuing of dividend from any available refund?  The shareholders need to be taken care of in some fashion surrounding this Avalon flub.

Thoughts?

A one time lump dividend payment is bad for business.

If it was 50/50 then it should be given out over time.

There is no need for a one time lump dividend its bad for the long term goals of the company. 

We just want to get a feel for what it is shareholders envision as a solution to Avalon's fiasco.

It would be nice to see the Avalon money re-invested, but what I would really like to see is the money invested in the 28nm project (which btw, is there any progress on getting a progress report on the eASIC deal?)

We are certainly pushing Ken to get this information released to the shareholders, it is of the utmost importance.

[Greymist]

What about a 50/50 split on reinvestment and issuing of dividend from any available refund?  The shareholders need to be taken care of in some fashion surrounding this Avalon flub.

Thoughts?

I thought the Avalons were purchased prior to the IPO out of Ken's pocket? So unless he has refunded himself, then why would the BTC go to the ActM shareholders?

That said, I'd vote for the majority to be re-invested, and the remaining portion to be split over multiple dividend periods.

[SoylentCreek]

Just come online today to see the Avalon stuff. Lawsuit would be madness, as I posted on the Avalon thread some days ago. Get the refund asap if it's on offer.

As for what to do - re-invest or dividend minus the costs incurred? Any other options?

Thoughts?

What about a 50/50 split on reinvestment and issuing of dividend from any available refund?  The shareholders need to be taken care of in some fashion surrounding this Avalon flub.

Thoughts?

A one time lump dividend payment is bad for business.

If it was 50/50 then it should be given out over time.

There is no need for a one time lump dividend its bad for the long term goals of the company.  

We just want to get a feel for what it is shareholders envision as a solution to Avalon's fiasco.

It would be nice to see the Avalon money re-invested, but what I would really like to see is the money invested in the 28nm project (which btw, is there any progress on getting a progress report on the eASIC deal?)

We are certainly pushing Ken to get this information released to the shareholders, it is of the utmost importance.

Good to hear.  I know it's not necessarily Ken's fault for abiding with the NDA (that's just part of business), but at this point he really needs to be stressing to eASIC how important it is for the shareholders that makeup this company, that this information is released ASAP.

[N_S]

Good to hear.  I know it's not necessarily Ken's fault for abiding with the NDA (that's just part of business), but at this point he really needs to be stressing to eASIC how important it is for the shareholders that makeup this company, that this information is released ASAP.

I definitely agree with this.

[ChefBorjan]

What about a 50/50 split on reinvestment and issuing of dividend from any available refund?  The shareholders need to be taken care of in some fashion surrounding this Avalon flub.

Thoughts?

I thought the Avalons were purchased prior to the IPO out of Ken's pocket? So unless he has refunded himself, then why would the BTC go to the ActM shareholders?

That said, I'd vote for the majority to be re-invested, and the remaining portion to be split over multiple dividend periods.

That is what I thought as well. We (ie shareholders) didn't pay for these. Correct?

[matuszed]

What about a 50/50 split on reinvestment and issuing of dividend from any available refund?  The shareholders need to be taken care of in some fashion surrounding this Avalon flub.

Thoughts?

I thought the Avalons were purchased prior to the IPO out of Ken's pocket? So unless he has refunded himself, then why would the BTC go to the ActM shareholders?

That said, I'd vote for the majority to be re-invested, and the remaining portion to be split over multiple dividend periods.

That is what I thought as well. We (ie shareholders) didn't pay for these. Correct?

Correct.  They were ordered before the IPO

[bigdude]

Why is there a dumping of shares going on?

down to .003 on BF
down to .0038 on btct

someone know something i dont know? board members perhaps?

[N_S]

Why is there a dumping of shares going on?

down to .003 on BF
down to .0038 on btct

someone know something i dont know? board members perhaps?

Labcoin just posted pictures of chips not too long ago and everyone lost their mind.

[physalis]

Labcoin just posted pictures of chips not too long ago and everyone lost their mind.

Or... you can just call it the appropriate shift in valuation that was long coming.
Labcoin will be mining with their chips in less than 2 weeks, while ActM lives off the promise off 28nm chips that will most likey not be hashing any earlier than december. I tip my hat to anyone with so much patience, but if you want to see success soon, you'll go with LC.

[N_S]

Labcoin just posted pictures of chips not too long ago and everyone lost their mind.

Or... you can just call it the appropriate shift in valuation that was long coming.
Labcoin will be mining with their chips in less than 2 weeks, while ActM lives off the promise off 28nm chips that will most likey not be hashing any earlier than december. I tip my hat to anyone with so much patience, but if you want to see success soon, you'll go with LC.

Where you tip your hat to patience, I'll give a nod to shortsightedness. This is a two-way street.

[physalis]

Labcoin just posted pictures of chips not too long ago and everyone lost their mind.

Or... you can just call it the appropriate shift in valuation that was long coming.
Labcoin will be mining with their chips in less than 2 weeks, while ActM lives off the promise off 28nm chips that will most likey not be hashing any earlier than december. I tip my hat to anyone with so much patience, but if you want to see success soon, you'll go with LC.

Where you tip your hat to patience, I'll give a nod to shortsightedness. This is a two-way street.

My estimations are exactly not shortsighted.
Of course they might be wrong though. We'll see who is right by the end of the year.

I just hope you're prepared for a lot of time in which nothing at all will happen with ActM.
Just months of sitting around on your shares, waiting.

[Ozymandias]

This dip could not have come at a better time, if I could just get my refund from bitpay (who have gotten it from avalon) I'll be able to stock up at a nice price.

[SoylentCreek]

Labcoin just posted pictures of chips not too long ago and everyone lost their mind.

Or... you can just call it the appropriate shift in valuation that was long coming.
Labcoin will be mining with their chips in less than 2 weeks, while ActM lives off the promise off 28nm chips that will most likey not be hashing any earlier than december. I tip my hat to anyone with so much patience, but if you want to see success soon, you'll go with LC.

Those chips will be generating dust as soon as the big 28nm players come to the market.  Don't get me wrong, people are entitled to jump on quick money, but I'm in ActM for the long haul.

[SoylentCreek]

This dip could not have come at a better time, if I could just get my refund from bitpay (who have gotten it from avalon) I'll be able to stock up at a nice price.

Hope you are able to get them in time.  I think this latest "crash" will be a flash in the pan.  I would not be surprised if we hit .004 by the weekend.  Just have to wait for people to calm their shit.