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Author Topic: [ActiveMining] The Official Active Mining Discussion Thread  (Read 479237 times)
Rodyland
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August 18, 2013, 05:20:11 AM
 #3961

So it takes a couple months to convert BTC to USD to pay the NRE or what.

Butterfly labs working on 28 nm

http://www.butterflylabs.com/monarch/



I dare you.

Who are gonna be the new next victims?

The believers, the tragically optimistic, the uneducated and the ill-informed.  Cheesy

Sadly there is not likely to be a shortage of the above-mentioned, meaning the fools at BFL will have this strategy explicitly validated every time someone pre-orders.

Beware the weak hands!
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August 18, 2013, 03:33:26 PM
 #3962

So it takes a couple months to convert BTC to USD to pay the NRE or what.

Butterfly labs working on 28 nm

http://www.butterflylabs.com/monarch/

So, a 600GH/s PCI-E card? Although they have in the specs +/- 20%, so it can turn out to be a 480GH/s card while falling in-spec. Great wording there! Grin

Even better, the picture is misleading as it's a 350W PCI-E card with a blower-type fan? That cooling solution doesn't work for a 350W TDP card. Even a GTX Titan/780 has a great vapor chamber cooler and it's a 250W TDP GPU.
AstroBoy
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August 18, 2013, 04:05:35 PM
 #3963

Butterfly labs working on 28 nm
http://www.butterflylabs.com/monarch/
So, a 600GH/s PCI-E card? Although they have in the specs +/- 20%, so it can turn out to be a 480GH/s card while falling in-spec. Great wording there! Grin

Even better, the picture is misleading as it's a 350W PCI-E card with a blower-type fan? That cooling solution doesn't work for a 350W TDP card. Even a GTX Titan/780 has a great vapor chamber cooler and it's a 250W TDP GPU.

I agree completely.  BFL has totally underestimated the cooling needs of their product once again.  However, once again, I'm fairly sure they won't realize it until they start making prototypes with the chips.  Leading to a hasty redesign and many subsequent manufacturing delays as they wait for re-designed custom coolers.

I think the reason they are doing the pre-order now is that they are running out of funds to pay for the production of the existing units they are delivering.

I'm waiting on a Jalapeño from them, pre-ordered in March - (DOH! Should have read the forums first!!!!) - I'm probably going to put it on ebay as soon as I get it.
WikileaksDude
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August 18, 2013, 04:07:02 PM
 #3964

So it takes a couple months to convert BTC to USD to pay the NRE or what.

Butterfly labs working on 28 nm

http://www.butterflylabs.com/monarch/



I dare you.

Who are gonna be the new next victims?

https://www.youtube.com/watch?v=S-l-c3rTlnE
KSGuy
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August 18, 2013, 04:40:39 PM
 #3965

I thought this was the ActiveMining thread.. not the BLF...lol
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August 18, 2013, 05:42:13 PM
 #3966

I thought this was the ActiveMining thread.. not the BLF...lol

Indeed, let's bring OOT discussion to the speculation thread. Smiley
VolanicEruptor
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August 18, 2013, 06:22:42 PM
 #3967

I thought this was the ActiveMining thread.. not the BLF...lol

Talking about how competitors are fucking up is important to the discussion of Activemining.
The more they fail, the more we win.
If we only talked about what's inside the box, we would become insane. 


Stuartuk
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August 18, 2013, 06:30:20 PM
 #3968

Yep, 100%, but that's what the SPECULATION thread is for.

Come ON guys.
zumzero
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August 19, 2013, 12:12:10 AM
 #3969

I request the board of advisors, when appointed, discuss the merits of issuing emails to confirm payment of dividends. Thanks.

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August 19, 2013, 01:02:18 AM
 #3970

I request the board of advisors, when appointed, discuss the merits of issuing emails to confirm payment of dividends. Thanks.

Why?

ActM doesn't have email addresses of shareholders, the exchanges do - right?

btct.co already does this.

And bitfunder, should do it, but doesnt. So BF should fix this.


zefyr0s
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August 19, 2013, 01:05:38 AM
 #3971

I believe operators do actually get that information from btct, but since we're able to get the e-mails sent from btct anyways, why the second confirmation?
zumzero
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August 19, 2013, 01:23:39 AM
 #3972

I request the board of advisors, when appointed, discuss the merits of issuing emails to confirm payment of dividends. Thanks.

Why?

ActM doesn't have email addresses of shareholders, the exchanges do - right?

btct.co already does this.

And bitfunder, should do it, but doesnt. So BF should fix this.



Yes.  It just feels professional. Perhaps ActM could action this even if BF don't?

One consideration is the potential security risk if a shareholders email were to be compromised.  This is why I suggested discussion.



Hello,

This is a dividend payment confirmation.

  Account: x
  Asset: TAT.ASICMINER
  Shares: y
  Paid: z BTC
  Transaction ID:

Thank you for using BTC-TC


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LorenzoMoney
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August 19, 2013, 04:40:26 AM
 #3973

Why do exchanges or the companies on those exchanges need to collect shareholders' email addresses?

One of the nice things about the bitcoin world is that you can identify yourself entirely through your bitcoin address alone.

The system for paying dividends that currently exists on Bitfunder seems to work fine, and I am a believer of the precept, if it ain't broke, don't fix it.


I request the board of advisors, when appointed, discuss the merits of issuing emails to confirm payment of dividends. Thanks.

Why?

ActM doesn't have email addresses of shareholders, the exchanges do - right?

btct.co already does this.

And bitfunder, should do it, but doesnt. So BF should fix this.



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ffssixtynine
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August 19, 2013, 09:35:01 AM
 #3974

Dividend payments come through the exchanges. It is not for any of the funds etc to collect emails and so on.

Btct email when dividends are paid.

This is one for the Bifunder thread and UKYO, not ActiveMining.
VinceSamios
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August 19, 2013, 12:40:47 PM
 #3975

I request the board of advisors, when appointed, discuss the merits of issuing emails to confirm payment of dividends. Thanks.

Yeah this is one for the exchange, not for ActM - It should be universally available to all securities on BitFunder - but it's not the responsibility of ActM IMHO.

The Happy Clappy Bitcoin Chappy - http://twitter.com/vincesamios
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August 19, 2013, 01:28:41 PM
Last edit: August 19, 2013, 06:21:45 PM by 4ju5tice
 #3976

The company logo http://virtualminingcorp.com/shop1/index.php on the top left of the website should be moved up on the page. It's hanging down a bit and looks bad.

Also, the links at the bottom of the page for twitter and facebook are going to the online store template prestashop pages.

I understand that Ken's working hard on stuff, but this might be a decent filler project when there is time.

EDIT: I bolded it per Stuartuk's comment so that it has a chance of being read by KEN/PR

Hi.
Stuartuk
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August 19, 2013, 02:16:04 PM
 #3977

The company logo http://virtualminingcorp.com/shop1/index.php on the top left of the website should be moved up on the page. It's hanging down a bit and looks bad.

I agree it looks shit.

An excellent post, just what the Official thread is for. Might I suggest you amend your post to include an obvious opener in bold so that PR/Ken can see it easily when they scan the thread.
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August 19, 2013, 04:12:42 PM
 #3978

Well I have no idea how the pre-orders are going, but if we need more, a better website (and store page mainly) would go a long way.  I'm tired of seeing ActM not being mentioned when people talk about companies developing 28nm hardware.  It's a really small niche community here that knows ActM even exists.  I guess the eASIC deal announcement will change that. 
yuansuyi
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August 19, 2013, 04:28:09 PM
 #3979

Well, Hashfast has finished design, is doing tape-out. BFL will tap-out 28nm chip this month, according to the preorder webpage.

what is the time schedule of ACTM's chip?  Has eASIC started designing?
ffssixtynine
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August 19, 2013, 04:55:28 PM
 #3980

Well, Hashfast has finished design, is doing tape-out. BFL will tap-out 28nm chip this month, according to the preorder webpage.

what is the time schedule of ACTM's chip?  Has eASIC started designing?

All news is on page 1 of the other thread: https://bitcointalk.org/index.php?topic=254930.0

Well I have no idea how the pre-orders are going, but if we need more, a better website (and store page mainly) would go a long way.  I'm tired of seeing ActM not being mentioned when people talk about companies developing 28nm hardware.  It's a really small niche community here that knows ActM even exists.  I guess the eASIC deal announcement will change that.  

Amen to that.
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