drawingthesun
Legendary
 Offline
Activity: 1176
Merit: 1015
|
 |
February 06, 2014, 11:38:41 AM |
|
20nm, this is a joke. I would rather the 30GH asap so that we can start making some money, use the 50% reinvestment to go for 20nm.
Ken, just get us the 55 and 28 as soon as possible, at this point we just want a chip, not another delay/lie.
Also let some of us sell please. Even selling everything at 0.0002 at this point would be a good exit.
|
|
|
|
|
|
|
|
|
|
|
|
"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
sparky999
|
|
February 06, 2014, 11:42:28 AM |
|
Just as it seemed Ken was starting to take this company some where he throws this 20nm garbage out. This is the first time in this whole fiasco I have actually thought this could be a scam.
Promise, promise promise - missed deadlines, missed deadlines, missed deadlines.
@Ken please try to achieve something tangible before you shoot for the moon.
|
|
|
|
|
drawingthesun
Legendary
Offline
Activity: 1176
Merit: 1015
|
|
February 06, 2014, 11:43:07 AM |
|
For those of you that want to take on the risk, I am willing to sell 114,425 shares for 50 bitcoin.
We'll use escrow from a trusted member of bitcointalk that has nothing todo with ActiveMining. The 50 bitcoin will be held by escrow until Ken releases the shares, once I get my shares and send them to your CT account, the escrow will release the 50 bitcoin to me.
Any believers left?
...
|
|
|
|
|
drawingthesun
Legendary
Offline
Activity: 1176
Merit: 1015
|
|
February 06, 2014, 11:45:43 AM |
|
Just as it seemed Ken was starting to take this company some where he throws this 20nm garbage out. This is the first time in this whole fiasco I have actually thought this could be a scam.
Promise, promise promise - missed deadlines, missed deadlines, missed deadlines.
@Ken please try to achieve something tangible before you shoot for the moon.
You're right, things were looking a little plausible even if depressing, until Ken starts talking about a 20nm. How much was KNC's 20nm? $5,000,000 at least. A 30GH/s might not be the best, but we could certainly eat 1 - 2% of the network with it. Ken what the hell is going on? What about the other guys in that startup you hired? Do they think this is a good idea? Could we possibly hear from them? |
|
|
|
|
|
gaba
|
|
February 06, 2014, 12:03:49 PM |
|
With new 100 BTC in his pocket we suddenly have the new big idea. Yes we are fools. Please stop Ken!
|
LWWE6dtTUXuaq36KTCne5XqMQHfhfwpadC
|
|
|
|
sparky999
|
|
February 06, 2014, 01:03:09 PM |
|
It's just laughable that he thinks he can throw that in as an off the cuff remark in a company update. Easic don't even do 20nm so what we just paid them $1mill for nothing?
How long before Ken announces he is selling some of his company shares to pay for the 20nm. Seriously if that happens I pray everybody runs for the hills.
Your supposed to be running a multi-million dollar company. Hire a reputable PR firm this month or I will be filing a complaint with the SEC.
|
|
|
|
|
|
VinceSamios
|
|
February 06, 2014, 01:31:30 PM |
|
I thought you guys might like to see: Hi Ken,
I have to say I can't imagine the benefit of 20nm over 28nm is worth the delay, cost or additional risk. By all means look into it, but by my calculations it would be a poor move.
Best,
Vince
That is all we are doing looking into it. |
|
|
|
|
VinceSamios
|
|
February 06, 2014, 01:33:28 PM |
|
or I will be filing a complaint with the SEC.
Does belize have an SEC? heh - I think not, but by all means continue with your self destructive tantrum. |
|
|
|
|
VinceSamios
|
|
February 06, 2014, 01:35:41 PM |
|
About the 30GH chip, the larger the chip the lower the yield rate. 30GH is a good number IMHO. No point creating massive cooling issues, scrapping a bunch of chips, etc.
|
|
|
|
keepinithamsta
Member
Offline
Activity: 85
Merit: 10
|
|
February 06, 2014, 01:47:46 PM |
|
Just as it seemed Ken was starting to take this company some where he throws this 20nm garbage out. This is the first time in this whole fiasco I have actually thought this could be a scam.
Promise, promise promise - missed deadlines, missed deadlines, missed deadlines.
@Ken please try to achieve something tangible before you shoot for the moon.
At this point I feel like Ken and family are one of two sets of people: scammers or scammers that are attempting to produce a product because they didn't think anyone would be able to figure out what their identities are. |
|
|
|
|
drawingthesun
Legendary
Offline
Activity: 1176
Merit: 1015
|
|
February 06, 2014, 01:55:34 PM |
|
ok ok ok
Ken just do the 30GH/s, it's 1000 times more powerful than our last chip idea. Let's just run with it please please please.
Build the 20 after making several million in profits from the 28! Pwease!
Also let us trade our shares!
Cool Cats!
|
|
|
|
|
|
Flashman
|
|
February 06, 2014, 01:58:52 PM |
|
IMO, if the 20nm can absolutely positively be online WELL before the 55nm stuff is useless, with room for error. Then 20nm is a better move than playing catchup on 28.
We seem to sort of "own" a chip team as part of the 55nm deal and some IP involved with that, if they think they can do 20, and we're not losing much since 28 seems back to scratch anyway because eASIC seems to have failed us, then let's do 20.
It might be a longer term thing than some shareholders would like, but next year, 28 might look stupid when we could have had 20. 20 might keep us earning into 2015, 28 might crap out in Q4 this year.
|
TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6
Bitcoin Custodian: Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins. |
|
|
|
JoTheKhan
|
|
February 06, 2014, 02:11:24 PM |
|
IMO, if the 20nm can absolutely positively be online WELL before the 55nm stuff is useless, with room for error. Then 20nm is a better move than playing catchup on 28.
We seem to sort of "own" a chip team as part of the 55nm deal and some IP involved with that, if they think they can do 20, and we're not losing much since 28 seems back to scratch anyway because eASIC seems to have failed us, then let's do 20.
It might be a longer term thing than some shareholders would like, but next year, 28 might look stupid when we could have had 20. 20 might keep us earning into 2015, 28 might crap out in Q4 this year.
Lets reach to get out of the hole we find ourselves in before we start reaching for the moon again. |
|
|
|
|
tomatitotarifa
Newbie
Offline
Activity: 27
Merit: 0
|
|
February 06, 2014, 02:14:41 PM |
|
Hello all again
Has anybody any idea if the shares from bitfunder can be recovered now?
Thanks!
|
|
|
|
|
EduardoDeCastro
Newbie
Offline
Activity: 42
Merit: 0
|
|
February 06, 2014, 02:18:56 PM |
|
IMO, if the 20nm can absolutely positively be online WELL before the 55nm stuff is useless, with room for error... Ken should skip 20nm and go straight to 14nm. Paydirt!  |
|
|
|
|
|
VinceSamios
|
|
February 06, 2014, 02:23:46 PM |
|
20 might keep us earning into 2015, 28 might crap out in Q4 this year.
20nm compared to 28nm is negligible efficiency difference, and the /GH cost of 20nm is probably higher. Also at the moment some of the most efficient chips on the market are 55nm, so designing a good chip is far more important that a smaller process size. |
|
|
|
shaofis
Member
Offline
Activity: 106
Merit: 10
|
|
February 06, 2014, 02:25:57 PM |
|
KnC is using 4 dies in one package, so our chip is very close to what they have done. Our chip with 4 dies would be 120 GH/s. We are working on increasing the number of cores.
Ken, How many die would you package per chip and how many chips per board? Die Size? Do we know estimated power requirements yet for the 28nm @ 30GH/s. If you say you are considering leaping to 20nm; what gains do you anticipate from this and at what costs (NRE, time, etc). Help us to understand your thoughts; don't leave people assuming that you aren't fully considering everything in your analysis. Thanks, Shao |
|
|
|
|
|
|
EduardoDeCastro
Newbie
Offline
Activity: 42
Merit: 0
|
|
February 06, 2014, 02:37:01 PM |
|
KnC is using 4 dies in one package, so our chip is very close to what they have done. Our chip with 4 dies would be 120 GH/s. We are working on increasing the number of cores.
Ken, How many die would you package per chip and how many chips per board? Die Size? Over 9000! Die size: ~wafer size/9000  Do we know estimated power requirements yet for the 28nm @ 30GH/s.
98% of total draw power, with Intelliwatt(tm) set to "Max Money" If you say you are considering leaping to 20nm; what gains do you anticipate from this and at what costs (NRE, time, etc). Help us to understand your thoughts; don't leave people assuming that you aren't fully considering everything in your analysis.
... 28nm = moar profit. Ken is your captain. FUD-spreading amongst the rank and file will not be tolerated. |
|
|
|
|
Desmond.Paris
Newbie
Offline
Activity: 27
Merit: 0
|
|
February 06, 2014, 03:20:24 PM |
|
A story......
Years ago, I worked as a software engineer for a large company which at the time was rather well known and which, and because of many bad decisions both before and after the death of its founder went bankrupt.
One of the reasons the company failed was because some manager got the brilliant idea of only releasing products that had no bugs at all. He insisted that software be tested, tested again, and then retested over and over, until there were no bugs. He could not understand why it was not possible to bug free software. Often he would talk about how if a car or refrigerator was sold with as many bugs as our software, no one would buy a refrigerator.
We tried to explain to him that there was a balance between bugs and delivery date. You could not wait so long making a product so perfect that it never gets delivered, because there is always a window of opportunity past which, the product won't be able to capture any market share.
In the most recent PR announcement, Ken gave us a date of April to be in the heart of production and mining.
It seems as if with each PR announcement, the start of trading gets delayed again. Ken has made many promises which he has broken. Continuing to do that just breaks any remaining confidence the community has in him.
At some point, let's say December of 2014, if there is no trading, and no product being produced, there will be many angry, very angry "share holders".
|
|
|
|
|
|
