[ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]

[JoTheKhan]

Ken you are still online and you can see a bunch of random speculation going on. Feel free to fill us in on our own mining operation. You say we're gonna be late on chips. Can we get a date? Would be nice to know how late we're looking at here. Otherwise we'll be at the 300th page of this discussion by the end of the week.

[drawingthesun]

Ken please answer honestly, do you have any eASIC chips hashing right now? And have you sent any product out to customers that contain eASIC chips.

This is super important Ken.

[zumzero]

We have had to modify the software in our chips to make it work with our new software.

AMC expects to use its Intellihash technology to increase its revenue with its existing machines until its eASIC designed chip is in full production.

This implies that we have machines with eASIC chips from low volume production. Also, what else could Ken have shipped? Juicers?

LMAO, juicers!

For those who need proof, that will come in the form of dividends.  

Yeah, this news release was more than I expected. Ken kept his word and clearly had to get lots sorted to make the deadline.  He gets respect for that.

Looks like the share price has taken off.....! (And that means DTL is rich. Rich ah tell ya!)

[Technologov]

The very earliest machines on the shipping queue use avalon chips...

Probably not. The company never sold Avalon-based machines, *and*, the company doesn't have nearly enough Avalon chips after order cancelled to sell anything based on them.

[Ozymandias]

And trolls are STILL grasping at invisible straws, those poor guys...

[JoTheKhan]

Ken you are still online and you can see a bunch of random speculation going on. Feel free to fill us in on our own mining operation. You say we're gonna be late on chips. Can we get a date? Would be nice to know how late we're looking at here. Otherwise we'll be at the 300th page of this discussion by the end of the week.

Ken already gets an A for effort -- using the word "products" lets the children believe whatever they want, even working, shipping miners.
Technically, he never lied, and by choosing his words carefully, he didn't break your hearts

This is what I'm afraid of. It cause these unnecessary speculation discussions where half of the people are doubtful and called FUD and trolls and half the people are overly optimistic. Lets try to stabilize the thread. Now I know we all believe Crumbs is a troll and doesn't own shares and all this other bullshit jazz but this is a serious issue that he brought up. Ken, it's been months. Please be a little more specific on some of this stuff.

[lammedraak]

- New exchange
- Intellihash to increase 20% in hashing speed
- 2.1 Million in sales for November (total more then 4 Million!)
- Shipped our first products
- 2.3 Million in liquid assets

Very nice update Ken!!

[SebastianJu]

nobody wants a 20% increase in hashing power if it means a delay.  Difficulty increases 20% over the course of only 1 week.  Think about it..

If you can bring online 20% more hashpower by building the same miner then it will safe time and money for the future. Its not the one week that makes the big effect.

[zumzero]

Intellihash(tm)

Intellihash is our new trademark for our new Bitcoin mining software which gives up to a 20% increase in hashing speed and has the possibility to increase the speed of our mining machines as the difficulty goes up.  We have had to modify the software in our chips to make it work with our new software.  The chips are going to be late; however, our new Intellihash software could be a game changer for the company.




The significance of this word can't be underplayed.  It's seems some people aren't quite getting it yet.  

[VolanicEruptor]

Intellihash(tm)

Intellihash is our new trademark for our new Bitcoin mining software which gives up to a 20% increase in hashing speed and has the possibility to increase the speed of our mining machines as the difficulty goes up.  We have had to modify the software in our chips to make it work with our new software.  The chips are going to be late; however, our new Intellihash software could be a game changer for the company.




The significance of this word can't be underplayed.  It's seems some people aren't quite getting it yet.  

and you're not getting that the chips are delayed.  Most damaging announcement to shareholder confidence ever.

[Technologov]

In short:
Once the shares get trading again it will Release The Kraken

VE: Do you still have some shares left for 0.0001 ? I want some !

[JoTheKhan]

Intellihash(tm)

Intellihash is our new trademark for our new Bitcoin mining software which gives up to a 20% increase in hashing speed and has the possibility to increase the speed of our mining machines as the difficulty goes up.  We have had to modify the software in our chips to make it work with our new software.  The chips are going to be late; however, our new Intellihash software could be a game changer for the company.

The significance of this word can't be underplayed.  It's seems some people aren't quite getting it yet.  

and you're not getting that the chips are delayed.  Most damaging announcement to shareholder confidence ever.

VE is right on this. Whether Intellihash was implemented or not. We could have had nondelayed chips && intellihash. Now we have delayed chips && intellihash. It's not an either or.

[zumzero]

Ken is the boss, not VE.  Ken makes business decisions which are in the companies best long term interests.

If anyone isn't happy with this and wants to go off and set up a company with VE, please do, I'll drop by the forums, but on the way out the door, sell your shares as there will be a lot of interest the moment they are listed.

[VolanicEruptor]

Ken is the boss, not VE.  Ken makes business decisions which are in the companies best long term interests.

If anyone isn't happy with this and wants to go off and set up a company with VE, please do.  I'll drop by the forums, but on the way out the door, sell your shares as there will be a lot of interest the moment they are listed.

Your illogical and unconditional love for Ken is really scaring me.. and makes me wonder how well you actually know him

[JoTheKhan]

Crumbs my buddy 'ol pal. I think its me and maybe 3 other people who don't have you ignored (personally I won't ignore anyone because that's kind of stupid). But I must say, I take w/e you say with about 80 lbs of salt. Then I throw what you say away. Once in every 5th blue moon you might say something substantial but repeating some of the same stuff over and over isn't working for you. I know you can do better. Really make me feel desperation!

Personally though I'm happy we've shipped something, and that is good whether it be chips or not. It is more than a lot of us expected from what we've seen in recent weeks.

[JoTheKhan]

Ken is the boss, not VE.  Ken makes business decisions which are in the companies best long term interests.

If anyone isn't happy with this and wants to go off and set up a company with VE, please do, I'll drop by the forums, but on the way out the door, sell your shares as there will be a lot of interest the moment they are listed.

What are with these ultimatums? No one has to pick between Ken or VE. Ken is the CEO of the company we are invested in (including VE). And "if anyone isn't happy with this"? You are completely satisfied with the results of this announcement? You don't think there should of been a little more details?

Why are people feeling personally offended? We should collectively be asking Ken about miners. The next 10 pages of this forum should be "Ken can you inform us more about our mining situation?" and that's it.

[shaofis]

There is simply no way you can upgrade a chip infinitely by software only. Unless you cripple it at first of course.

Anyway, no words about chips meeting specs at all… still photoshopped pictures up… does not inspire much confidence!

Dead On!

Ken; more information is really needed. How far behind does the inclusion of your IntelliHash technology set the chip orders? When do you anticipate having your 4 million in orders shipped? How many of those orders are at jeopardy of being canceled due to delays?

Updated financials from October?

Keep up the good work; but let's cut the cloud a little.

[Jasun7211]

In the end Ken took care of the real #1 problem.  He found us a home to trade.   You guys will love cryptotrade.  Start setting up your OK pay accounts so you can fund it easier.  Low priced btc and cryptos.   Best thing its out of Hong Kong the refulation hadn is light there.   This is great news all around for me as an activemining investor.  Knowing crypto trades operations very intimately reaffirms to me that Ken's mind is working very well, and is great indication of how he is running AMC.  Remember from our view this info is meaningless if we can't act on it by trading shares.  The statements also show flexibility and adaptability in the business model and products.   In this envrionment I think that is the #1asset as the btc world shifts by the hour.  Keep up the good work Ken, I am even more proud to say I'm a Activemining Shareholder.   I used to make a killing shorting S&P futures but it feels great to go long in something I believe in.  Shorting the world can get depressing after a while...lol.  Keep up the good work Ken.   Now its Saturday after the ACM report........bring on double the women!!!!!

[PurpleTentacle]

In the end Ken took care of the real #1 problem.  He found us a home to trade.   You guys will love cryptotrade.  Start setting up your OK pay accounts so you can fund it easier.  Low priced btc and cryptos.   Best thing its out of Hong Kong the refulation hadn is light there.   This is great news all around for me as an activemining investor.  Knowing crypto trades operations very intimately reaffirms to me that Ken's mind is working very well, and is great indication of how he is running AMC.  Remember from our view this info is meaningless if we can't act on it by trading shares.  The statements also show flexibility and adaptability in the business model and products.   In this envrionment I think that is the #1asset as the btc world shifts by the hour.  Keep up the good work Ken, I am even more proud to say I'm a Activemining Shareholder.   I used to make a killing shorting S&P futures but it feels great to go long in something I believe in.  Shorting the world can get depressing after a while...lol.  Keep up the good work Ken.   Now its Saturday after the ACM report........bring on double the women!!!!!

Cryptotrade looks ok, but it doesn't seem to have 2FA.

[EskimoBob]

November Announcement

We have been contacted by Crypto-Trade in Hong Kong and will be moving our shares to their exchange.

Oh for fuck sake, not this Hong-Kong shit again! How many people more need to get burned buy those fuckers from China?