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Author Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]  (Read 771073 times)
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VolanicEruptor
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December 03, 2013, 01:08:45 AM
 #4301

Okay, I'll give you two.

Ken showed how adaptable he is when he worked with the shareholders to restructure from AMC after the initial IPO.
 
He also displayed this trait quite convincingly during the period that we knew the exchanges were in trouble when he was being proactive in finding solutions.

You can't argue this point because if you look at the recent update you'll notice that adaptability is Ken 100%.  Going back to r&d shows exactly how adaptable he is.  We might all look back on this and realise that it's adaptability that was key in making ActM's success.


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I gave you three examples.  You give me one bitcoin.

You did not tell me how he adapts as a business.  He has not.


Intelehash is a great example.  Ken knows in the longrun mining probably is not a viable option. Everyone is crawling overeachother in the hardware dept.  But an afterburner so to speak on any miner is ingenious. let me ask you this what is the thingthat is the sugar on top when you buy mining equip. Ssssshhh  That's the market I like.  That's how he is adaptable.  Think of the overhead on intelehash....lol. very smart


You can't attach an afterburner onto a product that doesn't exist.  Intellihash is a lame excuse for a delay.  Do you fall for this word "intellihash" because it makes you feel smart when you say it?  Please tell me why we are trying to improve a time sensitive product that isn't even out yet?  So when it comes February and we still aren't hashing, THATS OKAY BECAUSE WE HAVE INTELLICOPTERS now!  No.. that's childish.  It feels as if Ken is trying to spoon feed bullshit to a bunch of kids.  I regret ever having any interest in this company, it was the worst decision I've ever made in my life.

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December 03, 2013, 01:10:18 AM
 #4302

Lol! Trapped.  HAHAHAHAHA!

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December 03, 2013, 01:11:19 AM
 #4303

Lol! Trapped.  HAHAHAHAHA!

What?  Not at all.  Intellihash is not an example at all because it doesn't exist yet.  I want to see past examples of Ken adapting his business.. oh wait.. he has no business.  Anyone receive a VMC machine yet?

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December 03, 2013, 01:19:48 AM
 #4304

Okay, I'll give you two.

Ken showed how adaptable he is when he worked with the shareholders to restructure from AMC after the initial IPO.
 
He also displayed this trait quite convincingly during the period that we knew the exchanges were in trouble when he was being proactive in finding solutions.

You can't argue this point because if you look at the recent update you'll notice that adaptability is Ken 100%.  Going back to r&d shows exactly how adaptable he is.  We might all look back on this and realise that it's adaptability that was key in making ActM's success.


I will pm my public address after you have publicly agreed to send the 1btc



I gave you three examples.  You give me one bitcoin.

You did not tell me how he adapts as a business.  He has not.


Intelehash is a great example.  Ken knows in the longrun mining probably is not a viable option. Everyone is crawling overeachother in the hardware dept.  But an afterburner so to speak on any miner is ingenious. let me ask you this what is the thingthat is the sugar on top when you buy mining equip. Ssssshhh  That's the market I like.  That's how he is adaptable.  Think of the overhead on intelehash....lol. very smart


You can't attach an afterburner onto a product that doesn't exist.  Intellihash is a lame excuse for a delay.  Do you fall for this word "intellihash" because it makes you feel smart when you say it?  Please tell me why we are trying to improve a time sensitive product that isn't even out yet?  So when it comes February and we still aren't hashing, THATS OKAY BECAUSE WE HAVE INTELLICOPTERS now!  No.. that's childish.  It feels as if Ken is trying to spoon feed bullshit to a bunch of kids.  I regret ever having any interest in this company, it was the worst decision I've ever made in my life.

Stop oversimplifying this.  Trust me if I believed in labels I'd be drinking diet coke because it has nutra sweet instead of aspertame.  Lol come on now.  I also have a detailed background in the world Ken is dabbeling in.I'm sure he is working dilligently on the miners but some thing that can be applicable to any miner is a great idea.  Ken seems to be creating a well diversified company.  As for the mining many companies are having problems launching, not just ACTM.  All you have to do is research a little.  In the press release there was a lowercase tm somewhere.....find that and begin your research there.

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December 03, 2013, 01:20:47 AM
 #4305

My question is: When Intellihash driven chips are delayed, will this because we are working towards Intellihash v2?  When will this stop and when will we actually see something built?

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December 03, 2013, 01:27:02 AM
 #4306

My question is: When Intellihash driven chips are delayed, will this because we are working towards Intellihash v2?  When will this stop and when will we actually see something built?

Who said the chips were driven by intellehash?  Ooops. Look the lid is open in this box.....lets go outside....

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VolanicEruptor
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December 03, 2013, 01:27:48 AM
 #4307

My question is: When Intellihash driven chips are delayed, will this because we are working towards Intellihash v2?  When will this stop and when will we actually see something built?

Who said the chips were driven by intellehash?  Ooops. Look the lid is open in this box.....lets go outside....

Read Kens "big" announcement please..

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December 03, 2013, 01:35:30 AM
 #4308

My question is: When Intellihash driven chips are delayed, will this because we are working towards Intellihash v2?  When will this stop and when will we actually see something built?

Who said the chips were driven by intellehash?  Ooops. Look the lid is open in this box.....lets go outside....

Read Kens "big" announcement please..

I did and you haven't decyphered any clues from it?  I already alluded to one clue you can research yourself.....just open another browser window...try it its easy.  Ill leave it at that.  Ill say this Ken is taking some good ideas from the HFT world and bringing them here.  I'm not going to be too specific, and if Ken and I are thinking the same I understand his poise.

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December 03, 2013, 01:37:10 AM
 #4309

My question is: When Intellihash driven chips are delayed, will this because we are working towards Intellihash v2?  When will this stop and when will we actually see something built?

Who said the chips were driven by intellehash?  Ooops. Look the lid is open in this box.....lets go outside....

Read Kens "big" announcement please..

I did and you haven't decyphered any clues from it?  I already alluded to one clue you can research yourself.....just open another browser window...try it its easy.  Ill leave it at that.  Ill say this Ken is taking some good ideas from the HFT world and bringing them here.  I'm not going to be too specific, and if Ken and I are thinking the same I understand his poise.

Oh cool, you know how to be as vague as Ken.  That is real slick!   Roll Eyes  Still waiting for those aces up his sleeves that we were expecting in November!  Those must be some really, really slow aces...

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December 03, 2013, 01:41:40 AM
 #4310

Read the release as if you were a laywer and think of the possible meaning of everyword.  Just a little research goes a long way...verification and context.  The box is open....come out and play. 

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coinfresh
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December 03, 2013, 01:45:20 AM
 #4311

Is VE really going to visit Ken this week or was that a joke?

Haven't you guys figured out that VE is all talk? All he does is run his mouth and spew bullshit and never backs anything up.
JoTheKhan
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December 03, 2013, 01:45:54 AM
 #4312

Read the release as if you were a laywer and think of the possible meaning of everyword.  Just a little research goes a long way...verification and context.  The box is open....come out and play. 

So you know when we will start mining then? Thank you. So what day?
lobbes
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December 03, 2013, 02:01:11 AM
 #4313

I'm sure he is working dilligently on the miners but some thing that can be applicable to any miner is a great idea.  Ken seems to be creating a well diversified company.

Didn't we have something like 1.7 TH/s unaccounted for?

Although it is most likely the prototype, 307 GH/s from the Klondikes is roughly ~18% of that...

Either way, I am pretty excited if this Intellihash thing is for real.

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December 03, 2013, 02:21:49 AM
 #4314

Read the release as if you were a laywer and think of the possible meaning of everyword.  Just a little research goes a long way...verification and context.  The box is open....come out and play. 

So you know when we will start mining then? Thank you. So what day?

Mining is a dimishing return investment....almost to the point where its moot at this point. Ken was pretty clear on that one.  I'm sure he will keep it up as long as he sees it feasable but that's not the future.  Mining should only be done directly by the minerif you want mining see how a PMB performed lately...in addition to all the equip delays.  Forget it.  As I see it pools are still a good option or mabey ever cex.io

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VolanicEruptor
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December 03, 2013, 02:41:20 AM
 #4315

Read the release as if you were a laywer and think of the possible meaning of everyword.  Just a little research goes a long way...verification and context.  The box is open....come out and play. 

"our chips are delayed, so we are going to use INTELLIHASH!"
He doesn't sound like a lawyer, he sounds like a fucking Labcoin CEO

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December 03, 2013, 02:44:44 AM
 #4316

Read the release as if you were a laywer and think of the possible meaning of everyword.  Just a little research goes a long way...verification and context.  The box is open....come out and play.  

So you know when we will start mining then? Thank you. So what day?

Mining is a dimishing return investment....almost to the point where its moot at this point. Ken was pretty clear on that one.  I'm sure he will keep it up as long as he sees it feasable but that's not the future.  Mining should only be done directly by the minerif you want mining see how a PMB performed lately...in addition to all the equip delays.  Forget it.  As I see it pools are still a good option or mabey ever cex.io

Please stop being retarded for one second. Mining is moot at this point? If we mine 1% of the global hash rate we'll get $252,000 a week. Now that's with what like 2 of our 24th machines? Imagine if we had 8, 4% of the global hash rate. $1,000,000 a week. Please stop posting on this forum from now on.
JoTheKhan
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December 03, 2013, 02:45:32 AM
 #4317

Read the release as if you were a laywer and think of the possible meaning of everyword.  Just a little research goes a long way...verification and context.  The box is open....come out and play.  

So you know when we will start mining then? Thank you. So what day?

Mining is a dimishing return investment....almost to the point where its moot at this point. Ken was pretty clear on that one.  I'm sure he will keep it up as long as he sees it feasable but that's not the future.  Mining should only be done directly by the minerif you want mining see how a PMB performed lately...in addition to all the equip delays.  Forget it.  As I see it pools are still a good option or mabey ever cex.io

Please stop being retarded for one second. Mining is moot at this point? If we mine 1% of the global hash rate we'll get $252,000 a week. Now that's with what like 2 of our 24th machines? Imagine if we had 8, 4% of the global hash rate. $1,000,000 a week. Please stop posting on this forum from now on.

That's what 1 Week ROI?
VolanicEruptor
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December 03, 2013, 02:45:53 AM
 #4318

Read the release as if you were a laywer and think of the possible meaning of everyword.  Just a little research goes a long way...verification and context.  The box is open....come out and play. 

So you know when we will start mining then? Thank you. So what day?

Mining is a dimishing return investment....almost to the point where its moot at this point. Ken was pretty clear on that one.  I'm sure he will keep it up as long as he sees it feasable but that's not the future.  Mining should only be done directly by the minerif you want mining see how a PMB performed lately...in addition to all the equip delays.  Forget it.  As I see it pools are still a good option or mabey ever cex.io

Ever since bitcoin went up 10x, mining has become 10x more profitable.  Diminished profits over the course of 4 months of mining would now be replaced by profits due to a more expensive bitcoin.  
Like I said, we used to be printing $10 bills, and now we're printing $100 bills, and Ken only raised the price of the machines by 50%
This means that we, as the investors who profit from hardware sales, are getting royally screwed.  We are working against the bitcoin hike instead of with it.

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December 03, 2013, 02:46:28 AM
 #4319

I could be wrong about that though.
VolanicEruptor
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December 03, 2013, 02:49:35 AM
 #4320

I could be wrong about that though.

if production costs ~$2/GH (which it should, seeing as how cointerra is selling for $2/gh), then ROI is in about 10 days.  In the short term it only makes sense to run a mining farm.  I can run this through the profit calculator again with a screenshot to prove this math.  How do you make ROI in 10 days selling the hardware, especially "if your margins are tight" as Ken has already admitted?

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