Bitcoin Forum
April 19, 2019, 03:39:16 PM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 [17] 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 ... 91 »
  Print  
Author Topic: ActiveMining Overview and Speculation Thread  (Read 167490 times)
Subcide
Member
**
Offline Offline

Activity: 70
Merit: 10


View Profile
July 23, 2013, 09:56:41 AM
 #321

I'm thinking prepare for a large dump when btct resolves their bid errors.
1555688356
Hero Member
*
Offline Offline

Posts: 1555688356

View Profile Personal Message (Offline)

Ignore
1555688356
Reply with quote  #2

1555688356
Report to moderator
1555688356
Hero Member
*
Offline Offline

Posts: 1555688356

View Profile Personal Message (Offline)

Ignore
1555688356
Reply with quote  #2

1555688356
Report to moderator
1555688356
Hero Member
*
Offline Offline

Posts: 1555688356

View Profile Personal Message (Offline)

Ignore
1555688356
Reply with quote  #2

1555688356
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1555688356
Hero Member
*
Offline Offline

Posts: 1555688356

View Profile Personal Message (Offline)

Ignore
1555688356
Reply with quote  #2

1555688356
Report to moderator
vlaoou321
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250


View Profile
July 23, 2013, 10:09:43 AM
 #322

I speculate a major price drop as China wakes up - people taking profits after late night spike

Please excuse the unbridled optimism below, I'm feeling really good about my Active Mining investment at the moment.

It's obvious to me that a lot of people are failing to realize the incredible investment potential of Active Mining at the moment.  Anyone thinking of profit taking at this time, in my opinion will regret it later.

Let's for a second talk about chip sales.  If for the sake of conversation Active Mining was to sell 1,000,000 USD worth of chips in a given week (compared to previous sales by Avalon, this would be a slow week).  Let's assume they are selling the chips at a 100% markup, that would equate to 500,000 USD in profit.  Divide that profit by the 10,000,000 shares and you get .0005555/share just in chip sales (assuming USD conversion rate of $90/btc).

That's an incredible .028886/share/year!

Someone with 1000 shares would have paid 4btc at .004 and received 28.886 back just in dividends in the first year.  And that's ONLY counting chip sales.  Add in mining, and other hardware and you can see that this stock is INSANELY undervalued at the moment.

The above is admittedly invalid as after .0025 is paid in dividends, the remaining 15,000,000 company shares will begin to receive dividends, but for the sake of conversation, you can see the magnitude of the potential here.

I personally won't be profit taking until .02

You forget that if bitcoin $ 500 each, and after BTF Avalon, forward commodity reputation stink

Reputation https://bitcointalk.org/index.php?topic=198808.new#new
Tip: 1CtNCGTyhVkp6AzRwhTsqjkWgwCqk1vSjA
grimholt
Member
**
Offline Offline

Activity: 104
Merit: 10



View Profile
July 23, 2013, 10:12:05 AM
 #323

What a weird day... Amazing movement (~60% increase on the day) and not much chatter.

I guess everyone is just waiting on news.

Won't be too much news until after Ken meets with eAsic on Wednesday

If I wasn't a broke student I would definitely buy more shares before we get the news on how the meeting went. Oh well, hopefully I wont stay broke that much longer holding the amount of ActM shares that I do.

YinCoin YangCoin ☯☯First Ever POS/POW Alternator! Multipool! ☯ ☯ http://yinyangpool.com/ 
Free Distribution! https://bitcointalk.org/index.php?topic=623937
hazryder
Full Member
***
Offline Offline

Activity: 208
Merit: 100



View Profile WWW
July 23, 2013, 10:29:24 AM
 #324

What a weird day... Amazing movement (~60% increase on the day) and not much chatter.

I guess everyone is just waiting on news.

Won't be too much news until after Ken meets with eAsic on Wednesday

If I wasn't a broke student I would definitely buy more shares before we get the news on how the meeting went. Oh well, hopefully I wont stay broke that much longer holding the amount of ActM shares that I do.

I feel you on that, if all goes to plan my ActM shares will pay off my student overdraft and buy me ramen for the next 2 years, hell I might even be able to splash out and buy some real food once in a while. Living that student life...
grimholt
Member
**
Offline Offline

Activity: 104
Merit: 10



View Profile
July 23, 2013, 10:51:14 AM
 #325

What a weird day... Amazing movement (~60% increase on the day) and not much chatter.

I guess everyone is just waiting on news.

Won't be too much news until after Ken meets with eAsic on Wednesday

If I wasn't a broke student I would definitely buy more shares before we get the news on how the meeting went. Oh well, hopefully I wont stay broke that much longer holding the amount of ActM shares that I do.

I feel you on that, if all goes to plan my ActM shares will pay off my student overdraft and buy me ramen for the next 2 years, hell I might even be able to splash out and buy some real food once in a while. Living that student life...

Indeed. I love the student life, but it's certainly not a rich one (money wise anyways).

Everything rarely goes according to plan, but recently my hopes for ActiveMining has been exceeded, and I now have 100 % faith that they will be able to deliver. I guess the limiting factor to how high we can go is how the rest of the market develops.

Messages like the one KnCMiner sent out a couple of days ago (that they will not ship new devices until March 2014), will hopefully lead to a lot of them going with ActM instead.

Also, dhenson's calculation of dividend payments from chip sales alone gives a sense of the potential of the company. Especially factoring in that sales revenue isn't tied that much up to difficulty (if anything, increased difficulty means people will need more chips/miners for keeping profits up):

Please excuse the unbridled optimism below, I'm feeling really good about my Active Mining investment at the moment.

It's obvious to me that a lot of people are failing to realize the incredible investment potential of Active Mining at the moment.  Anyone thinking of profit taking at this time, in my opinion will regret it later.

Let's for a second talk about chip sales.  If for the sake of conversation Active Mining was to sell 1,000,000 USD worth of chips in a given week (compared to previous sales by Avalon, this would be a slow week).  Let's assume they are selling the chips at a 100% markup, that would equate to 500,000 USD in profit.  Divide that profit by the 10,000,000 shares and you get .0005555/share just in chip sales (assuming USD conversion rate of $90/btc).

That's an incredible .028886/share/year!

Someone with 1000 shares would have paid 4btc at .004 and received 28.886 back just in dividends in the first year.  And that's ONLY counting chip sales.  Add in mining, and other hardware and you can see that this stock is INSANELY undervalued at the moment.

The above is admittedly invalid as after .0025 is paid in dividends, the remaining 15,000,000 company shares will begin to receive dividends, but for the sake of conversation, you can see the magnitude of the potential here.

I personally won't be profit taking until .02

YinCoin YangCoin ☯☯First Ever POS/POW Alternator! Multipool! ☯ ☯ http://yinyangpool.com/ 
Free Distribution! https://bitcointalk.org/index.php?topic=623937
stenkross
Sr. Member
****
Offline Offline

Activity: 330
Merit: 250



View Profile
July 23, 2013, 11:19:14 AM
 #326

I speculate a major price drop as China wakes up - people taking profits after late night spike

Please excuse the unbridled optimism below, I'm feeling really good about my Active Mining investment at the moment.

It's obvious to me that a lot of people are failing to realize the incredible investment potential of Active Mining at the moment.  Anyone thinking of profit taking at this time, in my opinion will regret it later.

Let's for a second talk about chip sales.  If for the sake of conversation Active Mining was to sell 1,000,000 USD worth of chips in a given week (compared to previous sales by Avalon, this would be a slow week).  Let's assume they are selling the chips at a 100% markup, that would equate to 500,000 USD in profit.  Divide that profit by the 10,000,000 shares and you get .0005555/share just in chip sales (assuming USD conversion rate of $90/btc).

That's an incredible .028886/share/year!

Someone with 1000 shares would have paid 4btc at .004 and received 28.886 back just in dividends in the first year.  And that's ONLY counting chip sales.  Add in mining, and other hardware and you can see that this stock is INSANELY undervalued at the moment.

The above is admittedly invalid as after .0025 is paid in dividends, the remaining 15,000,000 company shares will begin to receive dividends, but for the sake of conversation, you can see the magnitude of the potential here.

I personally won't be profit taking until .02

You forget that if bitcoin $ 500 each, and after BTF Avalon, forward commodity reputation stink

Soo, if 1BTC = $90 we get rich since we get many BTC's.
If 1BTC = $500 we also get rich since we get fewer BTC's but they are worth 5x more.

I can live with any of those options.
VinceSamios
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250


View Profile WWW
July 23, 2013, 11:26:02 AM
 #327

With the extra 300GH or whatever coming online soon, dividends on current price/share give about a 40% annual ROI - and with 5.6TH coming online it's going to be well over 100%/annum - that will keep the company ticking over until they can get the 28nm process online. With that in mind in the short term I think it's reasonable for shares to be priced at 0.012/each based on dividend ROI alone - Then when the 28nm chips are completed AM will dominate mining competitors - the pre-orders and post-orders will fund the AM mining rigs, so basically zero cost 28nm mining hardware. AM could get 100TH online in a heart beat. So with that in mind, medium term it's reasonable for shares to be valued at 0.12 each. Remember we are calculating ROI on shares determining share price. Ok, let's say people want 20% annual ROI to be happy - so 0.06/share... Although I'm forgetting dividend priority currently in place, so its actually more like 0.02/share - I'm still not complaining and the future looks bright.

The Happy Clappy Bitcoin Chappy - http://twitter.com/vincesamios
sayaz
Member
**
Offline Offline

Activity: 119
Merit: 10


View Profile
July 23, 2013, 11:37:49 AM
 #328



Indeed. I love the student life, but it's certainly not a rich one (money wise anyways).

Everything rarely goes according to plan, but recently my hopes for ActiveMining has been exceeded, and I now have 100 % faith that they will be able to deliver. I guess the limiting factor to how high we can go is how the rest of the market develops.

Messages like the one KnCMiner sent out a couple of days ago (that they will not ship new devices until March 2014), will hopefully lead to a lot of them going with ActM instead.

Also, dhenson's calculation of dividend payments from chip sales alone gives a sense of the potential of the company. Especially factoring in that sales revenue isn't tied that much up to difficulty (if anything, increased difficulty means people will need more chips/miners for keeping profits up):



Sales revenue will be tied to the difficulty at some point.

Difficulty will end up being a factor because as the hash rate rises so does the difficulty and eventually we reach a point where this generation of mining equipment is no longer a sound investment because of little or no ROI. And it is probably a lot closer than we think if there are all these companies beginning to output 'industrial' size amounts of computing power.

Is my thinking correct?
VinceSamios
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250


View Profile WWW
July 23, 2013, 11:40:07 AM
 #329

It will become a race for efficiency - which gives AM a pretty decent head start with a 28nm process.

The Happy Clappy Bitcoin Chappy - http://twitter.com/vincesamios
VinceSamios
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250


View Profile WWW
July 23, 2013, 11:42:11 AM
 #330

Also the race has a while to go, with 5nm processes not far off - although the money required to get those off the ground might remain prohibitive until BTC hits $1000/btc - at which point spending $25mil to develop a chip is a no-brainer.

The Happy Clappy Bitcoin Chappy - http://twitter.com/vincesamios
kleeck
Hero Member
*****
Offline Offline

Activity: 532
Merit: 500


https://karatcoin.co


View Profile
July 23, 2013, 12:42:38 PM
 #331

It will become a race for efficiency - which gives AM a pretty decent head start with a 28nm process.

Sorry to nitpick, but AM is the competition. I'm sure you are referring to ActiveMining (or ActM, as many of us have come to call them). This is a small issue that is oft complained about. We need to do away with referring to this security as AM (ASICMiner). It's simply inaccurate and confuses some of the newbies.


  █ █████       ▄████▀▄██▀
  █ █████     ▄████▀███▀
  █ █████    ████▀███▀
  █ █████  ▄███▀███▓
  █ █████▄███▀████▀
  █ ███████▀████▀
  █ █████▀▄█████▄
  █ ███▀▄█████████▄
  █ █▀▄██ ▀█████████▄
  █ ▄████   ▀███████▀█▄   
  █ █████     ▀███▀▄████▄
  █ █████       ▀▄████████▄
                   
                    █████                   
                ▄███  █  ███▄               
             ███      █      ███             
         ▄███         █         ███▄         
       ██    ███████████████████    ██       
    ████            ██ ██            ████   
    ██             █     █             ██   
    █ █           █       █           █ █   
    █ ██         █         █         ██ █   
    █  ██      ██           ██      ██  █   
    █   ██    ██             ██    ██   █   
    █    ██  ██               ██  ██    █   
    █     █ ██                 ██ █     █   
    █     █████████████████████████     █   
    █  ███  ██                 ██  ███  █   
    ███       █               █       ███   
      ███      ██           ██      ███     
         ███     █         █     ███         
            ▀███  ██     ██  ███▀           
                ▀████   ████▀               
▀███▀
                 
██
██
██
██
██
██
██
██
██
██
██
██
██
ffssixtynine
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250



View Profile
July 23, 2013, 12:54:57 PM
 #332

It will become a race for efficiency - which gives AM a pretty decent head start with a 28nm process.

Sorry to nitpick, but AM is the competition. I'm sure you are referring to ActiveMining (or ActM, as many of us have come to call them). This is a small issue that is oft complained about. We need to do away with referring to this security as AM (ASICMiner). It's simply inaccurate and confuses some of the newbies.

Agreed. ActiveMiner or ACT or something.
grimholt
Member
**
Offline Offline

Activity: 104
Merit: 10



View Profile
July 23, 2013, 01:05:40 PM
 #333

It will become a race for efficiency - which gives AM a pretty decent head start with a 28nm process.

Sorry to nitpick, but AM is the competition. I'm sure you are referring to ActiveMining (or ActM, as many of us have come to call them). This is a small issue that is oft complained about. We need to do away with referring to this security as AM (ASICMiner). It's simply inaccurate and confuses some of the newbies.

Agreed. ActiveMiner or ACT or something.

I like ACT, or maybe ACTM in all block letters.

YinCoin YangCoin ☯☯First Ever POS/POW Alternator! Multipool! ☯ ☯ http://yinyangpool.com/ 
Free Distribution! https://bitcointalk.org/index.php?topic=623937
VinceSamios
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250


View Profile WWW
July 23, 2013, 01:06:05 PM
 #334

Lets call them both "Pedantic Miner"

The Happy Clappy Bitcoin Chappy - http://twitter.com/vincesamios
hazryder
Full Member
***
Offline Offline

Activity: 208
Merit: 100



View Profile WWW
July 23, 2013, 01:15:23 PM
 #335

I'm happy with ACTM, ACM, ATM or even ACMN.
ArcticWolf
Full Member
***
Offline Offline

Activity: 196
Merit: 100



View Profile
July 23, 2013, 01:19:33 PM
 #336

I'm happy with ACTM, ACM, ATM or even ACMN.

Of those options I like ACTM, its the closest to ActM that we have been using anyway

https://www.crypto-trade.com/ref/arcticwolf Try CryptoTrade.com, a new exchange for trading Currencies and Securities
hazryder
Full Member
***
Offline Offline

Activity: 208
Merit: 100



View Profile WWW
July 23, 2013, 01:20:37 PM
 #337

I'm happy with ACTM, ACM, ATM or even ACMN.

Of those options I like ACTM, its the closest to ActM that we have been using anyway

+1

Having it in all caps just makes it easier, and ACTM is probably the most relevant abbreviation (Pronounced "Act-m").
Streets 2.0
Full Member
***
Offline Offline

Activity: 392
Merit: 100



View Profile
July 23, 2013, 01:23:40 PM
 #338

I'm happy with ACTM, ACM, ATM or even ACMN.

Of those options I like ACTM, its the closest to ActM that we have been using anyway

ActM is what Ken and others have used as an abreviation for a bit now, is kind of the defacto abbreviation

grimholt
Member
**
Offline Offline

Activity: 104
Merit: 10



View Profile
July 23, 2013, 01:25:28 PM
 #339

I'm happy with ACTM, ACM, ATM or even ACMN.

Of those options I like ACTM, its the closest to ActM that we have been using anyway

+1

Having it in all caps just makes it easier, and ACTM is probably the most relevant abbreviation (Pronounced "Act-m").

I agree, companies usually have their stock abbreviation all in caps anyway. Since many of us have been using ActM already, the transition to ACTM shouldn't be too hard.

YinCoin YangCoin ☯☯First Ever POS/POW Alternator! Multipool! ☯ ☯ http://yinyangpool.com/ 
Free Distribution! https://bitcointalk.org/index.php?topic=623937
neilol
Sr. Member
****
Offline Offline

Activity: 302
Merit: 250


View Profile
July 23, 2013, 01:44:02 PM
 #340

Back up!

Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 [17] 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 ... 91 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!