[ActiveMining] The Official Active Mining Discussion Thread

[Mabsark]

So, where are you expecting this 50K to come from and in when are you expecting it?

75% of the 50K comes from hardware sales.

The Avalons we didn't receive are a drop in the ocean. Would they have even made ROI?

Some/all of the refund money may still come as dividends, though many suggest we reinvest it instead.

Avalon update-

Ken has requested of Yifu to refund his orders for Avalon chips:
ORDER   DATE   STATUS   TOTAL
#10473  June 1, 2013  Sample-chip-shipped  782.10 for 1 item

#10409  May 28, 2013  Sample-chip-shipped  782.10 for 1 item

I'm not talking about Avalon chips, I'm talking about the 28nm chips. Samples from them will arrive around the beginning of November. Low volume production will start around the beginning of December and normal volume production will start around the beginning of February.

Until ActM get those samples in November, they're stuck at 430 Gh/s and have no mining hardware to sell apart from the 6 Avalons producing that 430 Gh/s. So, where exactly is this 50K/month going to be coming from when they don't have any ASIC yet and won't have any significant quantity till December?

[1714941514]

1714941514

[1714941514]

1714941514

[Mabsark]

Perhaps one of you lunatics can explain something? Why do you think ActM is worth more than 0.001 BTC while LC is worth less than 0.01 BTC and will have 10x the hashing power within the next week?

Because hashing power means crap in a scenario where diff rises at ~1.7%/day, like we have currently. In 60 days LC's hashrate will be worth ~1/(1.017^60) = ~36% of what it's worth today.

Chip sales revenue will beat any of that, especially efficient 28nm chips.

If hashing power means crap, then why are you investing in a company that produces hashing power? Why would people buy chips if hashing power means nothing?

Also, in order to sell chips, you actually have to have chips to sell. So, how many chips do you think are likely to be had from the sample batch in November? How many from low volume production in December?

Meanwhile LC will have been hashing with 4 TH/s from the 10th September at the latest and increasing that to 50 TH/s in October. You can mock that hashing power as being meaningless as much as you want, but it'll represent at least 5% of the network hash rate. If ActM had any chance of paying meaningful divs before December, you'd be singing a different tune.

[Vbs]

I'm not talking about Avalon chips, I'm talking about the 28nm chips. Samples from them will arrive around the beginning of November. Low volume production will start around the beginning of December and normal volume production will start around the beginning of February.

Until ActM get those samples in November, they're stuck at 430 Gh/s and have no mining hardware to sell apart from the 6 Avalons producing that 430 Gh/s. So, where exactly is this 50K/month going to be coming from when they don't have any ASIC yet and won't have any significant quantity till December?

No, you are just (wrongly) speculating on the dates. See post #2 on this thread.

[Vbs]

If hashing power means crap, then why are you investing in a company that produces hashing power? Why would people buy chips if hashing power means nothing?

Also, in order to sell chips, you actually have to have chips to sell. So, how many chips do you think are likely to be had from the sample batch in November? How many from low volume production in December?

Meanwhile LC will have been hashing with 4 TH/s from the 10th September at the latest and increasing that to 50 TH/s in October. You can mock that hashing power as being meaningless as much as you want, but it'll represent at least 5% of the network hash rate. If ActM had any chance of paying meaningful divs before December, you'd be singing a different tune.

Mindlessly buying hashing power is a sure-fire way to lose money. Just ask anyone that paid BTC1.99 for a block erupter.

Again, you are just speculating on the dates. ActM may also have it's high-volume process already at 100% in December, depending on NRE pay date.

LC is a whole different gamble than ActM. Have you even seen a working LC chip yet? I haven't. They are receiving untested chips and untested PCB's, relying 100% on "simulation" results. How nice. They've designed a chip using a sea-of-gates methodology similar to what BitFury did. BitFury even "simulated" their chip to reach 10GH/s! You might wanna go find out what it actually ended up working at!

[djbooth007]

Mindlessly buying hashing power is a sure-fire way to lose money.

Ouch. Dont tell that to ActM customers. Although, I wish I'd had that advice before stumbling into BFL.

[kleeck]

If hashing power means crap, then why are you investing in a company that produces hashing power? Why would people buy chips if hashing power means nothing?

Also, in order to sell chips, you actually have to have chips to sell. So, how many chips do you think are likely to be had from the sample batch in November? How many from low volume production in December?

Meanwhile LC will have been hashing with 4 TH/s from the 10th September at the latest and increasing that to 50 TH/s in October. You can mock that hashing power as being meaningless as much as you want, but it'll represent at least 5% of the network hash rate. If ActM had any chance of paying meaningful divs before December, you'd be singing a different tune.

Mindlessly buying hashing power is a sure-fire way to lose money. Just ask anyone that paid BTC1.99 for a block erupter.

Again, you are just speculating on the dates. ActM may also have it's high-volume process already at 100% in December, depending on NRE pay date.

LC is a whole different gamble than ActM. Have you even seen a working LC chip yet? I haven't. They are receiving untested chips and untested PCB's, relying 100% on "simulation" results. How nice. They've designed a chip using a sea-of-gates methodology similar to what BitFury did. BitFury even "simulated" their chip to reach 10GH/s! You might wanna go find out what it actually ended up working at!

I thought the untested chips were what BTCGarden was offering... Yikes.

[Stuartuk]

Seven posts on the last page from Trolls.

lol keep it up boys, you are doing a great job.

[Stuartuk]

Come ON guys....lets hear some more from you:

Mabsark - wants to keep ACtM low while he gets 3x investment from LabCoin then buys back - lol
IceBreaker - desperately waiting for his manual withdrawl of btc from btc.co to buy cheap ACtM on bitfunder - lol
Crumbs - see above as he is icebreaker - lol


What's the common denominator here? lol - they are all backing ACtM. Hilarious.

[Rawted]

Glad i jumped off this sinking ship when it was .008. Amazing that some people still don't see the writing on the wall.

[Stuartuk]

Glad i jumped off this sinking ship when it was .008. Amazing that some people still don't see the writing on the wall.

Excellent post from this latest Troll. Do you have a picture of a sinking ship by any chance? Preferably the Titanic. Thanks, come back soon.

Lovely use of semi-mixed metaphor there - did you see the writing on the wall of the sinking ship?

[Stuartuk]

Don't bother, I'll do it.



LOOK at the ICEY-BERG! That's the one Mabsark and IceBreaker DON'T want ACtM to hit because when it gets close they will be invested up to the hilt in HMS ACtM. Funny huh.

EDIT- friggin lol, here is the caption from this photo  "Not even God himself could sink this ship." - this time, it's true.

[Stuartuk]

Jesus where are these trolls when you need them?

The two biggest Trollers on here are BUYING ACtM! It's doesn't get better than that.

Come on Trollie Trolls - come out to play.

[funkymunky]

I thought I'd post this up to instil some confidence to any nervous investors.

Below is a list of the top 15 Shareholders taken from Bitfunder for early last week.

Code:

	Share  	Number	Address
1	ActiveMining	642,438	1PHTa8x3Jo4nowjNDVLFxfpCtnE1Lasmgw
2	ActiveMining	262,031	1LKSeSk8cE2hEPGPs4Chx7EsGa5KuAwmDQ
3	ActiveMining	243,573	1NJ4H2SMH4kaKXGFDQzCiJAYmYkWLatMxW
4	ActiveMining	213,901	1Mn65Q9Xm6NBoPdF8ppS3AzgRLt92ZKtTq
5	ActiveMining	180,114	1NAZhPAhVKNbek9rgXSTjk2v5FXuyGPqsS
6	ActiveMining	160,667	17vccqmnhJGZri6LWtRhJgta9yeKpns8TS
7	ActiveMining	154,480	13DzTjabVGGN64Rc8V7tAkSZJ7BHUxuQqY
8	ActiveMining	153,128	1Pn9fHiHJsgBgbYf1rksof2xRRDZLrzW6q
9	ActiveMining	139,807	1Gphg5x9zTk1MNVDjwKm9c2MSH73K4GAhX
10	ActiveMining	134,666	1EvTU1PFqAF6n3qXemeUXVTKbEFy5Rvaz4
11	ActiveMining	111,473	1JZhNnQXUBcAzrLtnaytfkfTjAZGWPug4z
12	ActiveMining	111,000	1Jzhrg2SYQcV7QZQU62Fef1K2zW9bMfF92
13	ActiveMining	110,728	11128WoN565mVBD6upS5hwkBFkrncntJRX
14	ActiveMining	105,296	17RkeE8sC75VVknnLjQtF6HHe7QfvJ7usg
15	ActiveMining	102,794	1FscNBYzd5CqDzUVQ9YapLQNtLbswkM4NL

Below is a list of the top 15 Shareholders taken from Bitfunder just now.

Code:

	Share	        Number	Address
1	ActiveMining	642,842	1PHTa8x3Jo4nowjNDVLFxfpCtnE1Lasmgw
2	ActiveMining	262,009	1LKSeSk8cE2hEPGPs4Chx7EsGa5KuAwmDQ
3	ActiveMining	243,573	1NJ4H2SMH4kaKXGFDQzCiJAYmYkWLatMxW
4	ActiveMining	210,919	1Mn65Q9Xm6NBoPdF8ppS3AzgRLt92ZKtTq
5	ActiveMining	160,667	17vccqmnhJGZri6LWtRhJgta9yeKpns8TS
6	ActiveMining	154,939	1NAZhPAhVKNbek9rgXSTjk2v5FXuyGPqsS
7	ActiveMining	154,700	13DzTjabVGGN64Rc8V7tAkSZJ7BHUxuQqY
8	ActiveMining	153,737	1FscNBYzd5CqDzUVQ9YapLQNtLbswkM4NL
9	ActiveMining	153,128	1Pn9fHiHJsgBgbYf1rksof2xRRDZLrzW6q
10	ActiveMining	146,437	1Gphg5x9zTk1MNVDjwKm9c2MSH73K4GAhX
11	ActiveMining	132,666	1EvTU1PFqAF6n3qXemeUXVTKbEFy5Rvaz4
12	ActiveMining	128,363	1JZhNnQXUBcAzrLtnaytfkfTjAZGWPug4z
13	ActiveMining	110,410	11128WoN565mVBD6upS5hwkBFkrncntJRX
14	ActiveMining	106,394	1DeuvCzRpem6E11oXWbMH1i9aqcCwnA6sy
15	ActiveMining	105,296	17RkeE8sC75VVknnLjQtF6HHe7QfvJ7usg

It appears these investors are in it for the long haul, with a lot more to lose (black and white financially speaking and not relative to individuals situations).

With all this blatant scaremongering, manipulation and trolling going on they have seen through it and will not allow these people to try and change their positive perception of ActiveMining.


There are a lot of people in this thread attempting to play with peoples emotions and cause this stock to dump whilst attempting to pump their own interests.


I hope this shows that it blatantly isn't working where the bigger numbers are involved.

[Stuartuk]

They are the first class passengers of HMS ACtM - the ship that doesn't sink.

We are due in to New York City ASAP.
Clear the decks.
Throw the life jackets overboard for those who abandoned mid-voyage.
HMS ACtM will be steaming 'Full Ahead' through the night.
'ICEY-BERG watch' handled by the 'Advisory Board of Loyal and Talented 1st Class/P.O.S.H Passengers'

Don't spare the horses!

[crumbs]

Seven posts on the last page from Trolls.

lol keep it up boys, you are doing a great job.

You got six eight on this page right now, all ragin' about trolls.

Try for seven nine??

[Stuartuk]

You got six on this page right now, all ragin' about trolls.

Try for seven?

Is that the best you can do Trollie Troll?!
Quote my own idea?
Lol you are sooo slow.
You missed the boat on this page Trollie - there aren't enough free spaces left to beat my SEVEN posts.
You will have to swim along behind.

Come ON Troll, do some Trolling. You have been very quiet recently. Did you get all your ACtM shares bought then? Is that it? Waiting for them to go up now are we Trollie?

Lol

[Stuartuk]

Take a break crumbs, it's labor day. You shouldn't be working today

You think this Troll has a job? Maybe he does this while the boss isn't looking?? I don't think so - his mum still makes this Troll his dinners.

Job? Moi?

[LorenzoMoney]

FunkyMunky,

Are you trying to say that the whales are holding fast and are patient and waiting?

Interesting theory. Several of those people have different amounts of shares in your two samples.
To what do you attribute that?

Why do you suppose they have not cashed out?  Why do you suppose they have not bought more?

I thought I'd post this up to instil some confidence to any nervous investors.

Below is a list of the top 15 Shareholders taken from Bitfunder for early last week.

Code:

	Share  	Number	Address
1	ActiveMining	642,438	1PHTa8x3Jo4nowjNDVLFxfpCtnE1Lasmgw
2	ActiveMining	262,031	1LKSeSk8cE2hEPGPs4Chx7EsGa5KuAwmDQ
3	ActiveMining	243,573	1NJ4H2SMH4kaKXGFDQzCiJAYmYkWLatMxW
4	ActiveMining	213,901	1Mn65Q9Xm6NBoPdF8ppS3AzgRLt92ZKtTq
5	ActiveMining	180,114	1NAZhPAhVKNbek9rgXSTjk2v5FXuyGPqsS
6	ActiveMining	160,667	17vccqmnhJGZri6LWtRhJgta9yeKpns8TS
7	ActiveMining	154,480	13DzTjabVGGN64Rc8V7tAkSZJ7BHUxuQqY
8	ActiveMining	153,128	1Pn9fHiHJsgBgbYf1rksof2xRRDZLrzW6q
9	ActiveMining	139,807	1Gphg5x9zTk1MNVDjwKm9c2MSH73K4GAhX
10	ActiveMining	134,666	1EvTU1PFqAF6n3qXemeUXVTKbEFy5Rvaz4
11	ActiveMining	111,473	1JZhNnQXUBcAzrLtnaytfkfTjAZGWPug4z
12	ActiveMining	111,000	1Jzhrg2SYQcV7QZQU62Fef1K2zW9bMfF92
13	ActiveMining	110,728	11128WoN565mVBD6upS5hwkBFkrncntJRX
14	ActiveMining	105,296	17RkeE8sC75VVknnLjQtF6HHe7QfvJ7usg
15	ActiveMining	102,794	1FscNBYzd5CqDzUVQ9YapLQNtLbswkM4NL

Below is a list of the top 15 Shareholders taken from Bitfunder just now.

Code:

	Share	        Number	Address
1	ActiveMining	642,842	1PHTa8x3Jo4nowjNDVLFxfpCtnE1Lasmgw
2	ActiveMining	262,009	1LKSeSk8cE2hEPGPs4Chx7EsGa5KuAwmDQ
3	ActiveMining	243,573	1NJ4H2SMH4kaKXGFDQzCiJAYmYkWLatMxW
4	ActiveMining	210,919	1Mn65Q9Xm6NBoPdF8ppS3AzgRLt92ZKtTq
5	ActiveMining	160,667	17vccqmnhJGZri6LWtRhJgta9yeKpns8TS
6	ActiveMining	154,939	1NAZhPAhVKNbek9rgXSTjk2v5FXuyGPqsS
7	ActiveMining	154,700	13DzTjabVGGN64Rc8V7tAkSZJ7BHUxuQqY
8	ActiveMining	153,737	1FscNBYzd5CqDzUVQ9YapLQNtLbswkM4NL
9	ActiveMining	153,128	1Pn9fHiHJsgBgbYf1rksof2xRRDZLrzW6q
10	ActiveMining	146,437	1Gphg5x9zTk1MNVDjwKm9c2MSH73K4GAhX
11	ActiveMining	132,666	1EvTU1PFqAF6n3qXemeUXVTKbEFy5Rvaz4
12	ActiveMining	128,363	1JZhNnQXUBcAzrLtnaytfkfTjAZGWPug4z
13	ActiveMining	110,410	11128WoN565mVBD6upS5hwkBFkrncntJRX
14	ActiveMining	106,394	1DeuvCzRpem6E11oXWbMH1i9aqcCwnA6sy
15	ActiveMining	105,296	17RkeE8sC75VVknnLjQtF6HHe7QfvJ7usg

It appears these investors are in it for the long haul, with a lot more to lose (black and white financially speaking and not relative to individuals situations).

With all this blatant scaremongering, manipulation and trolling going on they have seen through it and will not allow these people to try and change their positive perception of ActiveMining.


There are a lot of people in this thread attempting to play with peoples emotions and cause this stock to dump whilst attempting to pump their own interests.


I hope this shows that it blatantly isn't working where the bigger numbers are involved.

[EskimoBob]

Why do you guys love this pointless guessing game? It will not make you in to a financial analyst, securities analyst nor equity analyst and  definitely not in to a investment analyst.

To have a better understanding, what is happening, all you need to do, is look at the ActM project plan, compare the actual to base line and see, how the estimated numbers fit with CF, PL statements and voilà...
To figure out ActM's value, you only need to look at their balance sheet and go form there...

[Mabsark]

I'm not talking about Avalon chips, I'm talking about the 28nm chips. Samples from them will arrive around the beginning of November. Low volume production will start around the beginning of December and normal volume production will start around the beginning of February.

Until ActM get those samples in November, they're stuck at 430 Gh/s and have no mining hardware to sell apart from the 6 Avalons producing that 430 Gh/s. So, where exactly is this 50K/month going to be coming from when they don't have any ASIC yet and won't have any significant quantity till December?

No, you are just (wrongly) speculating on the dates. See post #2 on this thread.

The date I gave were based on the info in the second post, allowing for slight delays and time to assemble devices. If I am so wrong, then why don't you show us what is right?