[ActiveMining] The Official Active Mining Discussion Thread

[ArcticWolf]

Weekly, reliable updates are not too much to ask for.

What non bitcoin corporation gives weekly updates?

The initial majority of the investors usually have board meetings and get updates there, these can be as frequent as on a monthly basis or longer. If its a real public IPO like Facebook the shareholders have no expectation of a weekly update. I see no need for a weekly update, monthly would be nice, I do expect a quarterly update though.

Things are alot different in bitcoin world, the more updates the better especially with these IPO's which rely on pure faith from their shareholders. :p.  

That's exactly right. Show me a bitcoin IPO that give quarterly updates and I'll show you a failed IPO.

ASICminer give far fewer updates and they are far further in between than ActiveMining have so far and they were wildly successful. A little patience can go a long way. That being said, I wouldnt mind an update - but I can wait another few days for that to happen.

[ffssixtynine]

My patience is really running low. They said we would get pictures of the prototype hashing weeks ago. Why have we not gotten a look at what we're funding?

I'm going to repeat what I'd said before. If you're feeling the pressure in a long term investment such as this then you're over invested. Sell your shares because you don't have the trust required. You are allowed to do that! Ken's focus is on the long term future, not the short term trade price.

ActieMining is a long termer. There are two key things we're all waiting on:

Avalon chips - no one knows the situation beyond what Avalon themselves have posted.

eASIC - as has already been stated, they can't say more until the deal is signed. It sounds like they're busy converting the money to pay for the NRE. Hopefully we can have an update at least on this conversion this week.

There is the new mining hardware which I expect an update on this week, but for short term dividends you probably want AsicMiner not ActiveMining. There was also the PR post asking for board members last week. Once that is put together it'll hopefully be easier to ask questions/get answers.

Summing up - you invested in a (mostly, in terms of importance) hardware company where the hardware needs eASIC. When that is announced, it may still be many weeks before we get much more of an update since details may be considered under NDA (I don't know but this is normal, and this is a very competitive business).

I'm not saying we shouldn't get weekly updates, and actually there have been regular comms recently. This thread buries then - find the ActiveMining-pr posts and Ken's posts.

Some people express concern after almost no time at all though. One poster expressed concern a mere 3 days after an update that said nothing more could be said for 2 weeks!

[deizel]

More updates please

[zumzero]

ActM-PR and Ken alike are probably as keen to post news as much as we are to hear it.  Be patient.  

[Stuartuk]

EDIT: this is parody, not to be taken seriously.

Funnily enough here's some pretty exciting news that I've just received over the wires. Not really supposed to release this but as this is so good I just had to:

THIS Friday ACtM will take delivery of the first Fast Turnaround eASIC Nextreme-2 prototype chip at there Springfield Unit. This is 2weeks earlier than expected!
here is a link to the chip description http://www.easic.com/Spatr7ve/website-wp1/wp-content/uploads/2011/02/eASIC-Nextreme-2-Product-Brief.pdf

Ken is planning to glue the chip onto a mock-up Klondike-16 board over the weekend and do some preliminary voltage checks on drawdown and 'hashing-mash frequency' with his voltage meter.
MONDAY morning Ken is having a small team of engineers come over to assist with the preparation for FULL BATCH glueing.
TUESDAY next week Full prep of all surfaces and floors at ACtM Unit in readiness for delivery of 400 eSAIC hashmash 'glue ready' TM chips. Klondike-16 boards arrive mid to late afternoon.
WED Chips are due to be delivered to Springfield!
THURS Ken collects chips from DHL depot as he wont be in on WED.
FRIDAY ASIC chips will be unpacked and voltage checked for paritry before FULL PRODUCTION of gluing to boards begins.

Expected timeline following that is 2weeks MAX! Ken and the engineers have ordered special 'glue guns' from 'Tim's Springfield Hardware Store'  so the process should be quite rapid!

More news to follow from PR.

EDIT: this is parody, not to be taken seriously.

[lewicki]

Which wire would that be? The one where you are talking to Ken while he's asleep at 6 am?

[AngelSky]

Funnily enough here's some pretty exciting news that I've just received over the wires. Not really supposed to release this but as this is so good I just had to:

THIS Friday ACtM will take delivery of the first Fast Turnaround eASIC Nextreme-2 prototype chip at there Springfield Unit. This is 2weeks earlier than expected!
here is a link to the chip description http://www.easic.com/Spatr7ve/website-wp1/wp-content/uploads/2011/02/eASIC-Nextreme-2-Product-Brief.pdf

Ken is planning to glue the chip onto a mock-up Klondike-16 board over the weekend and do some preliminary voltage checks on drawdown and 'hashing-mash frequency' with his voltage meter.
MONDAY morning Ken is having a small team of engineers come over to assist with the preparation for FULL BATCH glueing.
TUESDAY next week Full prep of all surfaces and floors at ACtM Unit in readiness for delivery of 400 eSAIC hashmash 'glue ready' TM chips. Klondike-16 boards arrive mid to late afternoon.
WED Chips are due to be delivered to Springfield!
THURS Ken collects chips from DHL depot as he wont be in on WED.
FRIDAY ASIC chips will be unpacked and voltage checked for paritry before FULL PRODUCTION of gluing to boards begins.

Expected timeline following that is 2weeks MAX! Ken and the engineers have ordered special 'glue guns' from 'Tim's Springfield Hardware Store'  so the process should be quite rapid!

More news to follow from PR.

Good to know a little bit more about the planning.

[Vbs]

Funnily enough here's some pretty exciting news that I've just received over the wires. Not really supposed to release this but as this is so good I just had to:

THIS Friday ACtM will take delivery of the first Fast Turnaround eASIC Nextreme-2 prototype chip at there Springfield Unit. This is 2weeks earlier than expected!
here is a link to the chip description http://www.easic.com/Spatr7ve/website-wp1/wp-content/uploads/2011/02/eASIC-Nextreme-2-Product-Brief.pdf

Ken is planning to glue the chip onto a mock-up Klondike-16 board over the weekend and do some preliminary voltage checks on drawdown and 'hashing-mash frequency' with his voltage meter.
MONDAY morning Ken is having a small team of engineers come over to assist with the preparation for FULL BATCH glueing.
TUESDAY next week Full prep of all surfaces and floors at ACtM Unit in readiness for delivery of 400 eSAIC hashmash 'glue ready' TM chips. Klondike-16 boards arrive mid to late afternoon.
WED Chips are due to be delivered to Springfield!
THURS Ken collects chips from DHL depot as he wont be in on WED.
FRIDAY ASIC chips will be unpacked and voltage checked for paritry before FULL PRODUCTION of gluing to boards begins.

Expected timeline following that is 2weeks MAX! Ken and the engineers have ordered special 'glue guns' from 'Tim's Springfield Hardware Store'  so the process should be quite rapid!

More news to follow from PR.

That's FAKE ofc...

From eAsic's latest PR, I'm pretty sure the 28nm chips will be called Nextreme-3! Great imagination otherwise, but let's leave stuff like this on the speculation thread please.

[Plazma]

Funnily enough here's some pretty exciting news that I've just received over the wires. Not really supposed to release this but as this is so good I just had to:

THIS Friday ACtM will take delivery of the first Fast Turnaround eASIC Nextreme-2 prototype chip at there Springfield Unit. This is 2weeks earlier than expected!
here is a link to the chip description http://www.easic.com/Spatr7ve/website-wp1/wp-content/uploads/2011/02/eASIC-Nextreme-2-Product-Brief.pdf

Ken is planning to glue the chip onto a mock-up Klondike-16 board over the weekend and do some preliminary voltage checks on drawdown and 'hashing-mash frequency' with his voltage meter.
MONDAY morning Ken is having a small team of engineers come over to assist with the preparation for FULL BATCH glueing.
TUESDAY next week Full prep of all surfaces and floors at ACtM Unit in readiness for delivery of 400 eSAIC hashmash 'glue ready' TM chips. Klondike-16 boards arrive mid to late afternoon.
WED Chips are due to be delivered to Springfield!
THURS Ken collects chips from DHL depot as he wont be in on WED.
FRIDAY ASIC chips will be unpacked and voltage checked for paritry before FULL PRODUCTION of gluing to boards begins.

Expected timeline following that is 2weeks MAX! Ken and the engineers have ordered special 'glue guns' from 'Tim's Springfield Hardware Store'  so the process should be quite rapid!

More news to follow from PR.

I thought Klondike boards can be used only for Avalon chips, otherwise why aren't they getting used for BFL chips too?

[snowdropfore]

Funnily enough here's some pretty exciting news that I've just received over the wires. Not really supposed to release this but as this is so good I just had to:

THIS Friday ACtM will take delivery of the first Fast Turnaround eASIC Nextreme-2 prototype chip at there Springfield Unit. This is 2weeks earlier than expected!
here is a link to the chip description http://www.easic.com/Spatr7ve/website-wp1/wp-content/uploads/2011/02/eASIC-Nextreme-2-Product-Brief.pdf

Ken is planning to glue the chip onto a mock-up Klondike-16 board over the weekend and do some preliminary voltage checks on drawdown and 'hashing-mash frequency' with his voltage meter.
MONDAY morning Ken is having a small team of engineers come over to assist with the preparation for FULL BATCH glueing.
TUESDAY next week Full prep of all surfaces and floors at ACtM Unit in readiness for delivery of 400 eSAIC hashmash 'glue ready' TM chips. Klondike-16 boards arrive mid to late afternoon.
WED Chips are due to be delivered to Springfield!
THURS Ken collects chips from DHL depot as he wont be in on WED.
FRIDAY ASIC chips will be unpacked and voltage checked for paritry before FULL PRODUCTION of gluing to boards begins.

Expected timeline following that is 2weeks MAX! Ken and the engineers have ordered special 'glue guns' from 'Tim's Springfield Hardware Store'  so the process should be quite rapid!

More news to follow from PR.

Good to know a little bit more about the planning.

is that true？？if it is true， that actm will hit 0.008 again

[ArcticWolf]

Funnily enough here's some pretty exciting news that I've just received over the wires. Not really supposed to release this but as this is so good I just had to:

THIS Friday ACtM will take delivery of the first Fast Turnaround eASIC Nextreme-2 prototype chip at there Springfield Unit. This is 2weeks earlier than expected!
here is a link to the chip description http://www.easic.com/Spatr7ve/website-wp1/wp-content/uploads/2011/02/eASIC-Nextreme-2-Product-Brief.pdf

Ken is planning to glue the chip onto a mock-up Klondike-16 board over the weekend and do some preliminary voltage checks on drawdown and 'hashing-mash frequency' with his voltage meter.
MONDAY morning Ken is having a small team of engineers come over to assist with the preparation for FULL BATCH glueing.
TUESDAY next week Full prep of all surfaces and floors at ACtM Unit in readiness for delivery of 400 eSAIC hashmash 'glue ready' TM chips. Klondike-16 boards arrive mid to late afternoon.
WED Chips are due to be delivered to Springfield!
THURS Ken collects chips from DHL depot as he wont be in on WED.
FRIDAY ASIC chips will be unpacked and voltage checked for paritry before FULL PRODUCTION of gluing to boards begins.

Expected timeline following that is 2weeks MAX! Ken and the engineers have ordered special 'glue guns' from 'Tim's Springfield Hardware Store'  so the process should be quite rapid!

More news to follow from PR.

I lol'd. Im pretty sure this is a joke, to parody all the people clamouring for up to the second updates.
Timing 8/10
Content 7/10
Intent 8/10

overall, not too bad

[VolanicEruptor]

Seriously, guys..

[ActiveMining-PR]

Funnily enough here's some pretty exciting news that I've just received over the wires. Not really supposed to release this but as this is so good I just had to:

THIS Friday ACtM will take delivery of the first Fast Turnaround eASIC Nextreme-2 prototype chip at there Springfield Unit. This is 2weeks earlier than expected!
here is a link to the chip description http://www.easic.com/Spatr7ve/website-wp1/wp-content/uploads/2011/02/eASIC-Nextreme-2-Product-Brief.pdf

Ken is planning to glue the chip onto a mock-up Klondike-16 board over the weekend and do some preliminary voltage checks on drawdown and 'hashing-mash frequency' with his voltage meter.
MONDAY morning Ken is having a small team of engineers come over to assist with the preparation for FULL BATCH glueing.
TUESDAY next week Full prep of all surfaces and floors at ACtM Unit in readiness for delivery of 400 eSAIC hashmash 'glue ready' TM chips. Klondike-16 boards arrive mid to late afternoon.
WED Chips are due to be delivered to Springfield!
THURS Ken collects chips from DHL depot as he wont be in on WED.
FRIDAY ASIC chips will be unpacked and voltage checked for paritry before FULL PRODUCTION of gluing to boards begins.

Expected timeline following that is 2weeks MAX! Ken and the engineers have ordered special 'glue guns' from 'Tim's Springfield Hardware Store'  so the process should be quite rapid!

More news to follow from PR.

This is clearly fake, Stuartuk is not affiliated with ActiveMining and his account was probably hacked.

[ArcticWolf]

At least he didnt call anyone names, which I feel is a step in the right direction for this thread.

[VolanicEruptor]

he was obviously playing around when he said "special glue guns from tims hardware store"
You can't really say that a joke is "fake"  ..  

[VolanicEruptor]

At least he didnt call anyone names, which I feel is a step in the right direction for this thread.

asshole

[ArcticWolf]

At least he didnt call anyone names, which I feel is a step in the right direction for this thread.

asshole

 

[deizel]

Ken and the engineers have ordered special 'glue guns' from 'Tim's Springfield Hardware Store' so the process should be quite rapid!

Someone bought 12k shares on BTCT shortly after that post

Edit: http://codepen.io/anon/full/JHlfL

[Stuartuk]

This is clearly fake, Stuartuk is not affiliated with ActiveMining and his account was probably hacked.

EDIT - IT was a joke, apologies for any offence.

lol I thought most of the regulars would have spotted that a mile away especially after reading the complaining posts before. The 'Hardware Store' line was for the really slow ones. Apologies to PR, in the UK were are used to irony which clearly doesn't translate well sometimes.


Congrats to VE and AW.  

[VolanicEruptor]

The only reason I knew it was a joke is because I know for a fact that Ken is planning on using Scotch tape, not glue!