[ActiveMining] The Official Active Mining Discussion Thread

[Ytterbium]

I think he likes to argue just for the sake of arguing.

That's... probably true.

[1715228737]

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[1715228737]

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[Vigil]

seriously...? my crappy part-time job made me miss the eASIC press release too? My god. I need to quit. I missed out on 100% profit today because of a job I get paid $70 three days per week for. Funny how your job can be a liability in regards to making money.

[finlof]

WOW nice!

lets hope crumbs and icebreaker fuck off now

i'm pretty sure the trolling will never quit (on either side)

[canuckgal]

seriously...? my crappy part-time job made me miss the eASIC press release too? My god. I need to quit. I missed out on 100% profit today because of a job I get paid $70 three days per week for. Funny how your job can be a liability in regards to making money.

It was like an 8 hour bubble from what I can see...?

[thefunkybits]

I love the fact that these exchanges are running 24/7 365, people are waking up and seeing the news all the time

[Mabsark]

You guys ready to sell ?  

SELL! SELL! SELL!

 

If you're not selling, you're losing.

The news has been public for an hour and 15 minutes and your selling?  

I bought in between 0.004 and 0.0045 and sold between 0.006 and 0.0065. The price is going to drop back down to what is was before. I also made a profit from selling my LC shares as I bought back in slightly cheaper than I sold. I was pretty lucky to be able to take advantage of the bubble.

Wait, so all this time you were spreading FUD you were holding ActM and anticipating a rise? You are such a liar.

No. I sold my LC, bought ActM, sold ACTM and then rebought LC.

[Mabsark]

eASIC press release:

http://virtualminingcorp.com/pr130904.pdf
http://www.easic.com/vmc-uses-easic-to-achieve-24-756-ths-bitcoin-miner/

Additional important news for shareholders from Ken via the Advisory Board:

First units on schedule for second half of November.

PR will post this formally shortly (re: press release)

So, it looks like I was right all along with my November claims.

[BitCsByBit]

eASIC press release:

http://virtualminingcorp.com/pr130904.pdf
http://www.easic.com/vmc-uses-easic-to-achieve-24-756-ths-bitcoin-miner/

Additional important news for shareholders from Ken via the Advisory Board:

First units on schedule for second half of November.

PR will post this formally shortly (re: press release)

So, it looks like I was right all along with my November claims.

Second half of November, to be exact.   

[cw92]

eASIC press release:

http://virtualminingcorp.com/pr130904.pdf
http://www.easic.com/vmc-uses-easic-to-achieve-24-756-ths-bitcoin-miner/

Additional important news for shareholders from Ken via the Advisory Board:

First units on schedule for second half of November.

PR will post this formally shortly (re: press release)

So, it looks like I was right all along with my November claims.

That was very insightful of you.  Perhaps you guessed the date by reading the first post of the thread?

[zefyr0s]

seriously...? my crappy part-time job made me miss the eASIC press release too? My god. I need to quit. I missed out on 100% profit today because of a job I get paid $70 three days per week for. Funny how your job can be a liability in regards to making money.

I was working today too :[ I was fortunate to get some low before work luckily enough..

[VinceSamios]

Link to official Press Release: http://virtualminingcorp.com/pr130904.pdf

VMC uses eASIC to Achieve 24.756 TH/s Bitcoin Miner

VMC develops custom ASIC using eASIC 28nm Nextreme-3 device to significantly increase performance
while reducing power consumption

Santa Clara, CA and Springfield, MO – September 4, 2013 – eASIC Corporation, a
leading provider of NEW ASIC devices and Virtual Mining Corporation (VMC) today announced
that VMC will use eASICs 28nm Nextreme-3 devices to create a series of scalable Bitcoin
mining machines capable of generating up to 24.756 TH/s (tera hashes per second) of
cryptographic hashes.
 
“The fast design and turnaround time of Nexteme-3 28nm single via configuration ASIC devices
coupled with the impressive performance and low power makes this an ideal solution for our
Fast-Hash-One Bitcoin Mining Machines,” said Kenneth E. Slaughter, CEO of VMC. “The
performance we have seen from the 28nm Nextreme-3 family has allowed us to develop a
scalable platform that provides the computing power to satisfy the most demanding Bitcoin
Mining cryptography problem.” added Slaughter.

“VMC has used its vast cryptographic algorithm experience to take full advantage of the
advanced performance and power reduction features in our Nextreme-3 28nm architecture,”
said Jasbinder Bhoot, VP of Marketing at eASIC. “This has allowed VMC to architect the
highest performing Bitcoin mining hardware in the industry, while reducing overall power
consumption,” added Bhoot.

I've just checked Ken's latest posts, and I don't see a "told ya so" - I think this clearly lacks judgement on his part... lol

But thank you one and all, I increased my holdings by 12,000 shares during the kiddy tantrums, and I've just increase the value of my holdings by a crap tonne. Told ya so!

[Mabsark]

eASIC press release:

http://virtualminingcorp.com/pr130904.pdf
http://www.easic.com/vmc-uses-easic-to-achieve-24-756-ths-bitcoin-miner/

Additional important news for shareholders from Ken via the Advisory Board:

First units on schedule for second half of November.

PR will post this formally shortly (re: press release)

So, it looks like I was right all along with my November claims.

That was very insightful of you.  Perhaps you guessed the date by reading the first post of the thread?

No I read the second post in the thread, and claimed delivery would be in November. VBS tried to claim I was wrong, yet wouldn't provide his alternative time line. Now it's official. Hash rate will not be increasing until November.

[Mabsark]

For those who are a bit slow on the uptake, think of how ActM's price just shot up to 0.006x BTC in minutes just from confirmation that there would be no new hashing power till half way through November. Now, think about how LC's price is going to increase when then actually start mining and paying divs in a couple of days. It should be obvious the price is going to smash 0.01 BTC and it's going to do so in a matter of minutes. This will cause big selloffs in ActM as people switch to LC, like we just saw with people selling LC to buy ActM.

[VinceSamios]

For those who are a bit slow on the uptake, think of how ActM's price just shot up to 0.006x BTC in minutes just from confirmation that there would be no new hashing power till half way through November. Now, think about how LC's price is going to increase when then actually start mining and paying divs in a couple of days. It should be obvious the price is going to smash 0.01 BTC and it's going to do so in a matter of minutes. This will cause big selloffs in ActM as people switch to LC, like we just saw with people selling LC to buy ActM.

and then think about, come mid-november, which ActM blasts LC out of the pond with hashing power, whats going to happen to respective share prices. Sorry buddy, I'm in for the long haul.

[thefunkybits]

For those who are a bit slow on the uptake, think of how ActM's price just shot up to 0.006x BTC in minutes just from confirmation that there would be no new hashing power till half way through November. Now, think about how LC's price is going to increase when then actually start mining and paying divs in a couple of days. It should be obvious the price is going to smash 0.01 BTC and it's going to do so in a matter of minutes. This will cause big selloffs in ActM as people switch to LC, like we just saw with people selling LC to buy ActM.

and then think about, come mid-november, which ActM blasts LC out of the pond with hashing power, whats going to happen to respective share prices. Sorry buddy, I'm in for the long haul.

Exactly.

Activemining is scaleable to the tits, and will start Slaughtering the race to largest farm. Labcoin says they plan on deploying 200-300 TH this year. ACTM will probably have that right away with only 10 fully packed Platinum miners, once the chips starts rolling in Watch out!


Ps. You have to remember this news hasnt hit Coindesk, Genesis Block etc. yet

[sebastienurbain]

For those who are a bit slow on the uptake, think of how ActM's price just shot up to 0.006x BTC in minutes just from confirmation that there would be no new hashing power till half way through November. Now, think about how LC's price is going to increase when then actually start mining and paying divs in a couple of days. It should be obvious the price is going to smash 0.01 BTC and it's going to do so in a matter of minutes. This will cause big selloffs in ActM as people switch to LC, like we just saw with people selling LC to buy ActM.

and then think about, come mid-november, which ActM blasts LC out of the pond with hashing power, whats going to happen to respective share prices. Sorry buddy, I'm in for the long haul.

Why not both? I was with ACTM since 0.0005, then sold around LC IPO where ACTM was quite high. Then, yesterday I sold my LC position to ride th ACTM wave and sold ACTM again at ~0.66 - 0.68 and bought back LC. When LC will be high when it's mining I will sell it again to ride the november ACTM wave.

I mean, it's like free money, who wouldn't want to take it? I don't get all this trolls in both threads, it's like a bunch of kids fighting and I ignored most of them. I think most of us make a decent amount of money here so why all this whining and trolling?

[ArcticWolf]

For those who are a bit slow on the uptake, think of how ActM's price just shot up to 0.006x BTC in minutes just from confirmation that there would be no new hashing power till half way through November. Now, think about how LC's price is going to increase when then actually start mining and paying divs in a couple of days. It should be obvious the price is going to smash 0.01 BTC and it's going to do so in a matter of minutes. This will cause big selloffs in ActM as people switch to LC, like we just saw with people selling LC to buy ActM.

Mate your amateur attempt at share price manipulation is getting pretty tiresome.
Anyone that wanted to move to buy Labcoin would have by now.

[VinceSamios]

For those who are a bit slow on the uptake, think of how ActM's price just shot up to 0.006x BTC in minutes just from confirmation that there would be no new hashing power till half way through November. Now, think about how LC's price is going to increase when then actually start mining and paying divs in a couple of days. It should be obvious the price is going to smash 0.01 BTC and it's going to do so in a matter of minutes. This will cause big selloffs in ActM as people switch to LC, like we just saw with people selling LC to buy ActM.

and then think about, come mid-november, which ActM blasts LC out of the pond with hashing power, whats going to happen to respective share prices. Sorry buddy, I'm in for the long haul.

Why not both? I was with ACTM since 0.0005, then sold around LC IPO where ACTM was quite high. Then, yesterday I sold my LC position to ride th ACTM wave and sold ACTM again at ~0.66 - 0.68 and bought back LC. When LC will be high when it's mining I will sell it again to ride the november ACTM wave.

I mean, it's like free money, who wouldn't want to take it? I don't get all this trolls in both threads, it's like a bunch of kids fighting and I ignored most of them. I think most of us make a decent amount of money here so why all this whining and trolling?

People who think they are smart enough to day trade are in for a shock - what you've described above is purely luck. but you will come unstuck one day.

[sebastienurbain]

For those who are a bit slow on the uptake, think of how ActM's price just shot up to 0.006x BTC in minutes just from confirmation that there would be no new hashing power till half way through November. Now, think about how LC's price is going to increase when then actually start mining and paying divs in a couple of days. It should be obvious the price is going to smash 0.01 BTC and it's going to do so in a matter of minutes. This will cause big selloffs in ActM as people switch to LC, like we just saw with people selling LC to buy ActM.

and then think about, come mid-november, which ActM blasts LC out of the pond with hashing power, whats going to happen to respective share prices. Sorry buddy, I'm in for the long haul.

Why not both? I was with ACTM since 0.0005, then sold around LC IPO where ACTM was quite high. Then, yesterday I sold my LC position to ride th ACTM wave and sold ACTM again at ~0.66 - 0.68 and bought back LC. When LC will be high when it's mining I will sell it again to ride the november ACTM wave.

I mean, it's like free money, who wouldn't want to take it? I don't get all this trolls in both threads, it's like a bunch of kids fighting and I ignored most of them. I think most of us make a decent amount of money here so why all this whining and trolling?

People who think they are smart enough to day trade are in for a shock - what you've described above is purely luck. but you will come unstuck one day.

Yes daytrading is risky and for the long run, I believe in ActM, but it is given that LC will rise next week IF they keep their promises.

[Mabsark]

For those who are a bit slow on the uptake, think of how ActM's price just shot up to 0.006x BTC in minutes just from confirmation that there would be no new hashing power till half way through November. Now, think about how LC's price is going to increase when then actually start mining and paying divs in a couple of days. It should be obvious the price is going to smash 0.01 BTC and it's going to do so in a matter of minutes. This will cause big selloffs in ActM as people switch to LC, like we just saw with people selling LC to buy ActM.

and then think about, come mid-november, which ActM blasts LC out of the pond with hashing power, whats going to happen to respective share prices. Sorry buddy, I'm in for the long haul.

Which is when you sell LC and buy ActM. See how much more profitable it can be when you invest your BTC and not your emotions?