ActiveMining Overview and Speculation Thread

[somestranger]

Please, ActM is terrible, sell your shares for whatever you can get, and allow me and the others who foolishly believe in the long term goals of ActM to make the terrible mistake of buying up your shares. 

Someone must have listened, or they believe this FUD about "Avalon" getting $200 Million in funding. 30,000 shares sold on BTC-TC. You would think the market would move up with the new PR person  and the update, but maybe some people were expecting an announcement like "eASIC deal closed!"

[Bitcycle]

I think someone is just dumping everything they have. A lot of mining stocks dumped bigtime in the last hour or two.

[Pompobit]

I don't get it, why someone should sell ActiveMining after Avalon announcement?

We have 3 competitors in the market besides asicminer: LabCoin, btcgarden and Activemining.

If the announcement is true, only ActiveMining is developing a 28nm chip, so it is the less hurted and the 20nm doesn't add so much to the performances.
So probably LabCoin and BtcGarden shareholders will jump in ActM boat.

Or am I missing something?

[iCEBREAKER]

$200 million Avalon investment = game over 

[stoasis]

I don't get it, why someone should sell ActiveMining after Avalon announcement?

We have 3 competitors in the market besides asicminer: LabCoin, btcgarden and Activemining.

If the announcement is true, only ActiveMining is developing a 28nm chip, so it is the less hurted and the 20nm doesn't add so much to the performances.
So probably LabCoin and BtcGarden shareholders will jump in ActM boat.

Or am I missing something?

Cointerra and KNCminer are also deploying 28 nm later this year.

[gog1]

I don't get it, why someone should sell ActiveMining after Avalon announcement?

We have 3 competitors in the market besides asicminer: LabCoin, btcgarden and Activemining.

If the announcement is true, only ActiveMining is developing a 28nm chip, so it is the less hurted and the 20nm doesn't add so much to the performances.
So probably LabCoin and BtcGarden shareholders will jump in ActM boat.

Or am I missing something?

people always shoot first and ask questions later.  Avalon has been full of delays and hiccups in their history, even if it's a true, I doubt their ability to execute on their planned timeline.

[iCEBREAKER]

delays and hiccups are normal.

having experience dealing with them is invaluable.

20nm is a challenge, but won't be avalon's first rodeo.

the VCs are watching these ASIC IPOs and have decided to take a piece  of the action.

or rather, all the action.   

[zefyr0s]

Interesting article posted on the spec thread:

Avalon might be getting a $200 million investment and 20nm technology to become the leader of the mining market

It's a fake news , it's about  Avalon Ventures, and it shows  on January 10th, 2011.

http://www.feld.com/wp/archives/2011/01/avalon-ventures-raises-a-new-200-million-fund-and-gets-a-new-website.html

from other thread..

[somestranger]

delays and hiccups are normal.

having experience dealing with them is invaluable.

20nm is a challenge, but won't be avalon's first rodeo.

the VCs are watching these ASIC IPOs and have decided to take a piece  of the action.

or rather, all the action.   

Stop spreading FUD. The Avalon "news" is fake. The article talks about "unconfirmed rumors from an anonymous source" (read: shit pulled out of the author's ass) and the amount raised is both ludicrous and exactly the same amount that a venture capital firm called Avalon Ventures has raised on a regular basis in various funding rounds.

[stoasis]

Interesting article posted on the spec thread:

Avalon might be getting a $200 million investment and 20nm technology to become the leader of the mining market

It's a fake news , it's about  Avalon Ventures, and it shows  on January 10th, 2011.

http://www.feld.com/wp/archives/2011/01/avalon-ventures-raises-a-new-200-million-fund-and-gets-a-new-website.html

from other thread..

Fake news or not, The asic competition has kicked in. This was from the hardware subforum

Cointerra, a well-funded startup of highly experienced ASIC designers, is pleased to announce that we are developing a high performance, low power and low cost 28nm ASIC which is expected to arrive in Q4 2013.

To learn more about Cointerra and to sign up for regular updates please visit our website: www.cointerra.com and follow us on Twitter @cointerra.

[kleeck]

Interesting article posted on the spec thread:

Avalon might be getting a $200 million investment and 20nm technology to become the leader of the mining market

It's a fake news , it's about  Avalon Ventures, and it shows  on January 10th, 2011.

http://www.feld.com/wp/archives/2011/01/avalon-ventures-raises-a-new-200-million-fund-and-gets-a-new-website.html

from other thread..

Fake news or not, The asic competition has kicked in. This was from the hardware subforum

Cointerra, a well-funded startup of highly experienced ASIC designers, is pleased to announce that we are developing a high performance, low power and low cost 28nm ASIC which is expected to arrive in Q4 2013.

To learn more about Cointerra and to sign up for regular updates please visit our website: www.cointerra.com and follow us on Twitter @cointerra.

This fact isn't lost on Ken and Co. He isn't just developing a 28nm ASIC he is developing it with a company that has a custom, fast paced, and easily scaled production process. eAsic is the edge ActM has over the competition and its a very sharp edge!

[Pompobit]

Interesting article posted on the spec thread:

Avalon might be getting a $200 million investment and 20nm technology to become the leader of the mining market

It's a fake news , it's about  Avalon Ventures, and it shows  on January 10th, 2011.

http://www.feld.com/wp/archives/2011/01/avalon-ventures-raises-a-new-200-million-fund-and-gets-a-new-website.html

from other thread..

I'd add this:
http://www.xconomy.com/san-diego/2012/09/04/running-on-two-year-cycle-avalon-ventures-lands-200m-for-tenth-fund/

[iCEBREAKER]

http://www.cointerra.com/team/  

says the adults are here, and intend on pushing over our little popsicle stand.

Dr. Sherwani is the author of a textbook on Physical Design, which is widely used as the main textbook at major universities around the world. In addition, he has authored or co-authored three books and over 100 articles on various aspects of Physical Design Automation and ASICs.

Fuuuuuuuuuuuuuuu…

 

[stoasis]

Interesting article posted on the spec thread:

Avalon might be getting a $200 million investment and 20nm technology to become the leader of the mining market

It's a fake news , it's about  Avalon Ventures, and it shows  on January 10th, 2011.

http://www.feld.com/wp/archives/2011/01/avalon-ventures-raises-a-new-200-million-fund-and-gets-a-new-website.html

from other thread..

Fake news or not, The asic competition has kicked in. This was from the hardware subforum

Cointerra, a well-funded startup of highly experienced ASIC designers, is pleased to announce that we are developing a high performance, low power and low cost 28nm ASIC which is expected to arrive in Q4 2013.

To learn more about Cointerra and to sign up for regular updates please visit our website: www.cointerra.com and follow us on Twitter @cointerra.

This fact isn't lost on Ken and Co. He isn't just developing a 28nm ASIC he is developing it with a company that has a custom, fast paced, and easily scaled production process. eAsic is the edge ActM has over the competition and its a very sharp edge!

I'm not trying to discredit Activemining. Just trying to point out were the panic might be coming from. The fact is people saw great potential in asic manufacturing. Who knows how many more companies are trying to bring their own asic solutions.

[Pompobit]

http://www.cointerra.com/team/  

says the adults are here, and intend on pushing over our little popsicle stand.

Dr. Sherwani is the author of a textbook on Physical Design, which is widely used as the main textbook at major universities around the world. In addition, he has authored or co-authored three books and over 100 articles on various aspects of Physical Design Automation and ASICs.

FuuuuuuuuuuuuuuuD

 

fixed

[Vbs]

http://www.cointerra.com/team/  

says the adults are here, and intend on pushing over our little popsicle stand.

Dr. Sherwani is the author of a textbook on Physical Design, which is widely used as the main textbook at major universities around the world. In addition, he has authored or co-authored three books and over 100 articles on various aspects of Physical Design Automation and ASICs.

Fuuuuuuuuuuuuuuu…

 

The adults were already here: http://www.crunchbase.com/company/easic (eASIC received $23.5M in Venture Round funding. (7/10/13))

[dhenson]

http://www.cointerra.com/team/  

says the adults are here, and intend on pushing over our little popsicle stand.

Dr. Sherwani is the author of a textbook on Physical Design, which is widely used as the main textbook at major universities around the world. In addition, he has authored or co-authored three books and over 100 articles on various aspects of Physical Design Automation and ASICs.

FuuuuuuuuuuuuuuuD

 

fixed

I Lol'd

[somestranger]

This fact isn't lost on Ken and Co. He isn't just developing a 28nm ASIC he is developing it with a company that has a custom, fast paced, and easily scaled production process. eAsic is the edge ActM has over the competition and its a very sharp edge!

To be fair, KnC Miner is also getting their chips produced by eASIC through ORSoC so they will be one of our top competitors going forward. I think we will have an advantage over just about every other company looking to produce ASICs though.

[iCEBREAKER]

http://www.cointerra.com/team/  

says the adults are here, and intend on pushing over our little popsicle stand.

Dr. Sherwani is the author of a textbook on Physical Design, which is widely used as the main textbook at major universities around the world. In addition, he has authored or co-authored three books and over 100 articles on various aspects of Physical Design Automation and ASICs.

FuuuuuuuuuuuuuuuD

 

fixed

Well you are certainly safe from the Ravenous Bugblatter Beast of Traal.

But Dr. Sherwani and his team with over 100 years of ASIC expertise?  Maybe not so much.

[N_S]

I keep seeing this $200M deal being vaguely worded. A lot of "has plans to" and "is interested in"...

Is this $200M Avalon deal already set in stone?