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Author Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]  (Read 770358 times)
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MilkyWayMasta
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December 12, 2013, 10:19:55 PM
 #5481


What date are you starting from? The forecast was posted on September 19th.


From the estimated date that the NRE was paid. The timeline starts with the NRE, not with a post on the forum.

Awesome, the earlier the better. Thanks for clearing that up.

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December 12, 2013, 10:21:18 PM
 #5482

Most companies where I live have a few weeks off during christmas holidays.
Is not that the case in US?

If so, maybe add 2 weeks is in order.
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December 12, 2013, 10:23:21 PM
 #5483

I'm a little unclear on when I'll be rich, someone please confirm that it's this February?

unconfirmed.  

This information is under a NDA.
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December 12, 2013, 10:28:15 PM
 #5484

Most companies where I live have a few weeks off during christmas holidays.
Is not that the case in US?

If so, maybe add 2 weeks is in order.

Typically the time between Christmas and New Years is unproductive. In this year's case it's about a week.

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December 12, 2013, 10:30:47 PM
 #5485

Most companies where I live have a few weeks off during christmas holidays.
Is not that the case in US?

If so, maybe add 2 weeks is in order.

This is a good point, adding 1-2 weeks would put our full-volume timeframe would put us at Dec. 13 - Jan 17. That is, if foundries have holidays off which I do not know (and welcome someone more knowledgeable weighing in on)
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December 12, 2013, 10:35:26 PM
 #5486

Yes, we will all be rich by February 1, 2014.

http://en.wikipedia.org/wiki/Second_Coming
http://en.wikipedia.org/wiki/Predictions_and_claims_for_the_Second_Coming_of_Christ


I'm a little unclear on when I'll be rich, someone please confirm that it's this February?

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December 12, 2013, 10:41:10 PM
 #5487

Most companies where I live have a few weeks off during christmas holidays.
Is not that the case in US?

If so, maybe add 2 weeks is in order.

This is a good point, adding 1-2 weeks would put our full-volume timeframe would put us at Dec. 13 - Jan 17. That is, if foundries have holidays off which I do not know (and welcome someone more knowledgeable weighing in on)

There is no way a foundry would put its machines to sleep... no way in hell. They'll be triple shifting that shit all the way through.

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December 12, 2013, 10:46:18 PM
 #5488

Let's go conservative.

Ken issues bullish announcement during his visit to eASIC,
and estimates two weeks for NRE to be paid                                                        26th July

Ken returns from his trip to eASIC and the Engineering firm                                     3rd August

Ken posts to say he is busy working on eASIC deal                                               4th August

NRE Funds paid                                                                                              (sometime before August 28th)

Ken confirms NRE funds were converted 'some time ago'                                        28th August

eASIC issue press release                                                                                4th September

Avalon refund confirmed as having been received                                                 12th September

Chip samples delivered in 9 weeks;                                                                    31th October

Ken announces gradual hashrate increase including 'other resources'                        30th October

Low-volume chip production starting in 12 weeks, using an e-beam process;            27th November

Normal volume chip production starting in 16-18 weeks.                                        26th  December - 8th January

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December 12, 2013, 10:50:37 PM
 #5489

Most companies where I live have a few weeks off during christmas holidays.
Is not that the case in US?

If so, maybe add 2 weeks is in order.

This is a good point, adding 1-2 weeks would put our full-volume timeframe would put us at Dec. 13 - Jan 17. That is, if foundries have holidays off which I do not know (and welcome someone more knowledgeable weighing in on)

There is no way a foundry would put its machines to sleep... no way in hell. They'll be triple shifting that shit all the way through.

A foundry may not (and in fact I wouldn't expect it too but didn't want to say anything definitive due to my aforementioned ignorance) but our engineers, or suppliers (though this shouldn't be an issue as we should have all of the extraneous parts by the time our chips get here), or some other link in the chain that isn't the foundry MAY have holiday delays, again, nothing is definitive and we would need to hear it from Ken to know for certain.
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December 12, 2013, 10:52:31 PM
 #5490

Hey Vince,  the dates you offered have the sample chips arriving 1 day after Ken announced we were hashing with 'other resources'.

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December 12, 2013, 10:55:44 PM
 #5491

Hey Vince,  the dates you offered have the sample chips arriving 1 day after Ken announced we were hashing with 'other resources'.

Indeed, otherwise the estimates look pretty good, at most I'd say Vince is MAYBE a week too pessimistic.
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December 12, 2013, 10:58:42 PM
 #5492

I'd agree with that.  Ken?

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December 12, 2013, 11:17:58 PM
 #5493

Hey Vince,  the dates you offered have the sample chips arriving 1 day after Ken announced we were hashing with 'other resources'.

You're assuming "other resources" means easic chips, I don't think it does, I think it's more likely to be some fast hash 80's which are avalon clones.

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December 12, 2013, 11:21:38 PM
Last edit: December 12, 2013, 11:46:27 PM by Ozymandias
 #5494

Hey Vince,  the dates you offered have the sample chips arriving 1 day after Ken announced we were hashing with 'other resources'.

You're assuming "other resources" means easic chips, I don't think it does, I think it's more likely to be some fast hash 80's which are avalon clones.

I respectfully disagree, we had all 10,000 of our Avalon chips refunded. All the hashing power that is accounted for at the moment are 6 avalons and 68 klondikes. The only other hashing resources we could possibly have (unless 3rd party hardware was bought and not announced, which would be a majorly stupid and deceptive move) are our own chips.
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December 13, 2013, 12:16:41 AM
 #5495

Yes, I love counting my chickens before they hash, er...um...hatch, also, but, let's get clear on some facts:

How many mining machines does ActM have running and mining currently:  Zero
How many gigahash does Actm have mining: Zero
On how many exchanges can ActM stock be traded: Well, there are a few shares on crypto something or other, but effectively, Zero
How many ActM/VMC mining machines have been delivered into the hands of customers: Zero

How much money will you make from Active Mining: Zero


Sure, messages exposing the delusional posts of those who take on posting, one sentence from KS and over analyze them are deleted, but let's be clear here, only Ken has the answers and all of you working overtime speculating on what Ken meant are foolish.

You are confusing me.. one moment you are extremely optimistic about everything,
and then you're extremely not.
Maybe you should go make up your mind first, and THEN post?

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December 13, 2013, 12:25:05 AM
Last edit: December 13, 2013, 01:22:04 AM by LorenzoMoney
 #5496

Ken issues bullish announcement during his visit to eASIC,
and estimates two weeks for NRE to be paid                                                        26th July

Ken returns from his trip to eASIC and the Engineering firm                                     3rd August

Ken posts to say he is busy working on eASIC deal                                               4th August

NRE Funds paid                                                                                              (sometime before August 28th)

Ken confirms NRE funds were converted 'some time ago'                                        28th August

eASIC issue press release                                                                                4th September

Avalon refund confirmed as having been received                                                 12th September

Chip samples delivered in 9 weeks;                                                                    31th October

Ken announces gradual hashrate increase including 'other resources'                        30th October

Low-volume chip production starting in 12 weeks, using an e-beam process;            27th November

Normal volume chip production starting in 16-18 weeks.                                        26th  December - 8th January

Ken ascends to the Planet Satoshi invited by the aliens who Sent Nakamoto here      January 11th-12th

VolanicEruptor claims to see an apparition of Satoshi and Slaughter laughing    February 1st
and singing old Viking drinking songs

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December 13, 2013, 01:23:47 AM
 #5497

Who in Missouri would have bought a Lamboprghini with bitcoin?

Whom do "WE" know in Missouri who has access to loads of bitcoin and likes cars?
Who?

http://touch.latimes.com/#story/la-me-ln-lamborghini-bitcoin-20131212/


It was goat.
https://bitcointalk.org/index.php?topic=68655.msg3914747#msg3914747
http://www.reddit.com/r/Bitcoin/comments/1sn0gi/someone_on_4chan_actually_bought_a_lamborghini/

...but I think you may have panicked... again.
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December 13, 2013, 02:22:40 AM
 #5498

soo we get to trade our shares now?  1 day left of the week.  Will this be another failed promise .. i hope not

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December 13, 2013, 02:31:43 AM
 #5499

I am making a promise to the company, that if my shares are active on crypto-trade by Sunday, I will give Ken 7 Bitcoins.  
You have my word, I swear it on my families graves. Smiley

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December 13, 2013, 02:34:49 AM
 #5500

Weekly Update 12/11/13


Crypto-Trade:

Still working on the verification program, which should be finished this week.  After the verification program is finished we will have a time where shareholders will be able to verify their shares.  After that we will move this batch over to Crypto-Trade and start trading.  Lagers will still be able to verify there shares and will be moved to Crypto-Trade in batches.

VMC:

We are continuing to bring in all the parts for mass production of our miners.

AMC:

We will be using a minimum of 50% of our manufacturing capacity to build miners for AMC's mining farm.


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