[ActiveMining] The Official Active Mining Discussion Thread

[dexX7]

Personally I think this image is pretty inspirational. It encompasses a lot of the qualities and aspects of Bitcoin ie it's global (globe background), it's a digital currency (zeros and ones), it's mined (mine entrance), it is globally significant (central Earth), it's pretty bloody exciting (lazer vortex!). I think the month since IPO it took Ken to make this was time well spent. And you guys wonder what he's been up to? I mean, come on, LOOK at this - it's amaze-balls!!!

VMC - sucking up all your coins into a black hole!

(I'm kidding, hope this is clear)

Anyone with concerns regarding the images , website, pricing, etc. should write thoughtful, details messages to Ken. He reads his inbox quite regularly. Get in touch with the man himself and let him know what you think!

There was this guy with the name hy.. or something, the one with those shiny business cards, and as far as I remember he announced a few weeks ago that he and one other member is working on a new design and that this is coordinated with Ken. Anyone remembers this?

[N_S]

There was this guy with the name hy.. or something, the one with those shiny business cards, and as far as I remember he announced a few weeks ago that he and one other member is working on a new design and that this is coordinated with Ken. Anyone remembers this?

Yep, his name was hazryder or something, but yes, I remember it also.

[N_S]

"Over Promise and Under Deliver"

Should be: Under Promise and Over Deliver

[N_S]

Changed, Thanks!

Sure thing! The original way is how we currently have it in bitcoin mining

[iCEBREAKER]

"Over Promise and Under Deliver"

You mean like this?

Promise: a bewildering, nebulous array of hardware configurations at contradictory price points.
Deliver:  boxes of fans

Promise: a competitive, state of the art BTC ASIC
Deliver:  an FPGA ported to a half-ass My First EZ-Bake toy version of ASIC that can't get anywhere near 1GH/watt

Promise: a modern e-commerce site
Deliver: a hideous throwback to the 90s, complete with frames and VRML chat room, best viewed on dial-up using Mosaic 1.0

Promise:



Deliver: LuLz  

[zumzero]

(Also PMing Ken with this)

Suggestion List:

Clean up Product List: There are too many products offered. K.I.S.S. (Keep it simple stupid) should be applied here as (let's face it) the majority of people that are into mining bitcoins right now are not the brightest and it allows for a cleaner website, Easier PR releases, easier $/GH Comparison with other companies.

Lower Prices: Current pricing is not beating any competition out there, VMC needs to set a very good price for their products based on when they are expected to be delivered.

Offer unbeatable Guarantees: Stand by your product, everyone understands things can go wrong but you need to follow KnC's Ruleset. "Under Promise and Over Deliver". This will build the trust that VMC needs to recover from a rocky start.

Clean up Website: The Website as is looks very clunky, old school. You can look at just about any other competitor and their websites are very SIMPLE, ELEGANT, and TO THE POINT. VMC's website is currently none of these and honestly I believe it is overwhelming for most users contrary to what a few "customers" might have suggested.

Use Legit Pictures: Don't use these 1/2 assed photoshop pictures, it screams unprofessional and in a time where every little detail is nitpicked about an ASIC Company you have to use decent graphics to portray what you expect to be shipping.

Press Releases: Once the above is completed and everything is running smoothly you then run all of your PR. You contact every news website you can and have them update or write new stories based on prices/products. Currently all of the stories that were ran after the eASIC News Release shows that VMCs current lineup of products are not very good compared to the competition. It's time we give them something good to compare.

This is good.  I'd like to point out that almost all of the above relate to the selling of hardware.  As we all know a large part of the business is also in creating mining farms and I suspect it is this area that has most of Ken's attention given his engineering skills.

[N_S]

a half-ass My First EZ-Bake toy version of ASIC

Holy shit did I lol 

[zumzero]

Still frozen to the IPO value of your iCEDRILL shares sugar lips?

[Stuartuk]

Yep, his name was hazryder or something, but yes, I remember it also.

Do you also remember when you held ACtM shares? How's it going over in LabCon land?

[Ytterbium]

(Also PMing Ken with this)

Suggestion List:

Clean up Product List: There are too many products offered. K.I.S.S. (Keep it simple stupid) should be applied here as (let's face it) the majority of people that are into mining bitcoins right now are not the brightest and it allows for a cleaner website, Easier PR releases, easier $/GH Comparison with other companies.

My suggestion for the product list is:

1) Bulk chips.

2) PCIe 1x cards, with discounts for bulk orders.

That's it.  The reason is, a PCIe card can basically be produced entirely by an SMT line, with no manual labor at all. When the user gets it they can plug it into any motherboard.   Since they already appear to be doing something like that, that would be the way to go.

You can retail off the shelf cases/back-planes/host controllers etc (something like a PCIe based version of the bitfury m-board) - but those should not be the 'main' products and they would ship separately, etc.

[Stuartuk]

Promise: a competitive, state of the art BTC ASIC

There is only one answer to that, and I'm pleased to say it dumps a mighty load over your pathetic and frankly childish fun. Read this and weap into your rapidly going cold LabCON latte, because this is big boys stuff now:

http://www.easic.com/easic-company/testimonials/

In addition to the substantial system cost saving, we were pleasantly surprised at how quick we received working devices and how much lower the power consumption was compared to the low density FPGA we were using. eASIC’s zero-mask charge, fast turnaround ASICs helped us to make quick changes to keep up with the latest requirements from our customers and also rapidly ramp into high volume production.
Kevin Chiang, AVTECH

[N_S]

Do you also remember when you held ACtM shares? How's it going over in LabCon land?

Indeed, I do remember - t'was a nice time chatting with you folks. Hell, it still is

And don't worry, I'll be back. I'm actually very anxious for the end of Oct. to come around.

You're the first person I'll send an e-hug to when I buy back

[N_S]

Read this and weap into your rapidly going cold LabCON latte

Hahah, this thread is awesome today

[Ytterbium]

Yep, his name was hazryder or something, but yes, I remember it also.

Do you also remember when you held ACtM shares? How's it going over in LabCon land?

Um, you know the answer is much better, right? Have you looked at the prices lately?

ActM is already down to the price before the last announcement, while Labcoin is fairly stable with a recent upswing. I'm actually stuck with a small chunk of ActM that I'd hoped to sell for ~.0047-.0049, but it doesn't look like that will happen for a while. On the other hand I bought more labcoin at 0.003212 - 0.00337 that I could flip for a few % profit right now (or at least put in sell orders to do so)

Oh, and you know someone put up a bid for  15,000 labcoin at 0.0032 right after someone dumped 17k ActM shares and highhandedly dropped the price 10%, right?

Promise: a competitive, state of the art BTC ASIC

There is only one answer to that, and I'm pleased to say it dumps a mighty load over your pathetic and frankly childish fun. Read this and weap into your rapidly going cold LabCON latte, because this is big boys stuff now:

http://www.easic.com/easic-company/testimonials/

In addition to the substantial system cost saving, we were pleasantly surprised at how quick we received working devices and how much lower the power consumption was compared to the low density FPGA we were using. eASIC’s zero-mask charge, fast turnaround ASICs helped us to make quick changes to keep up with the latest requirements from our customers and also rapidly ramp into high volume production.
Kevin Chiang, AVTECH

Weep about what? Labcoin's chips are already done dude, it doesn't matter how fast eASIC's turnaround time is compared to something that's already happened in the past.

What we really need to know is ActM's die sizes. Gh/mm² is going to determine who's chips are cheaper, not feature size.

[Stuartuk]

You're the first person I'll send an e-hug to when I buy back

I'm sorry but the damage you tried to do to the share price in your very public exit from ACtM (in order to get others to follow you) has put you off my Christmas card list. If you had gone quietly instead of trying to create a panic and a selling surge that would have been absolutely fine  - of course.

Keep your e-hug for your bank manager, you will have a lot of explaining to do when you loose 75% of your funds in the impending LabCON crash. You must be atleast 25% down already. What's it like being underwater by that much?

double lolz

[Stuartuk]

ActM is already down to the price before the last announcement, while Labcoin is fairly stable with a recent upswing

Do you know why the price is so low? Because of pricks like you who have spent weeks, and some months, attacking this honest company at every opportunity. You seem to be forgetting that price is where it is because of your own dirty tricks.

lol to LabCON being stable. OMG! Get back to me in a few days. Not long now. 

[Ytterbium]

You're the first person I'll send an e-hug to when I buy back

I'm sorry but the damage you tried to do to the share price in your very public exit from ACtM (in order to get others to follow you) has put you off my Christmas card list. If you had gone quietly instead of trying to create a panic and a selling surge that would have been absolutely fine  - of course.

Keep your e-hug for your bank manager, you will have a lot of explaining to do when you loose 75% of your funds in the impending LabCON crash. You must be atleast 25% down already. What's it like being underwater by that much?

double lolz

Oh yeah, the "red engulfing candles", I'm sure.  Since "the chart never lies" they must be able to predict actual events in the future right?  Like if the chart voodoo shows the price must crash, it must be able to predict the chips won't work, right?

You should start a psychic hotline - predict people's futures by reading stock charts.  You'll make way more money then by daytrading!

[Stuartuk]

Weep about what? Labcoin's chips are already done dude,

 

Want to show us the evidence of that? Any evidence no matter how negligible will do? tripple lol - this is fantastic. Oh how the mighty fall. Bysie bye sucker!

[Ytterbium]

Weep about what? Labcoin's chips are already done dude,

 

Want to show us the evidence of that? Any evidence no matter how negligible will do? tripple lol - this is fantastic. Oh how the mighty fall. Bysie bye sucker!

Meh, It's been fun but at this point I'm just going to put you on ignore. You are starting to appear to be actually crazy. The sensible thing to do is play both stocks (now that we have the eASIC press release) and try to make money on both. Getting so emotionally obsessed with a stock is a surefire way to lose a ton of money.

[N_S]

...I still love you, Stuart