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

[Sou]

Any reason Activemining isn't mentioned on the "ASIC Chip - Bulk Sales" area on http://mining.thegenesisblock.com/?

[auto2nr1]

There are plenty of options on the table - last resort being direct shares. Nobody will have to hold anyone else's shares.

I know there are options - but the deadline is 20 days away.

You are right it's unlikely (hopefully) that we will need to do this but I'm saying people do not need to worry or sell as there is this option as a stop gap. By offering this we can make sure no US holder needs to exit this stock for fear of being frozen out.

Thank you for your offer. Hopefully we can find a solution before the 1st.

[Stuartuk]

Any reason Activemining isn't mentioned on the "ASIC Chip - Bulk Sales" area on http://mining.thegenesisblock.com/?

or here

http://bitcoinviews.com/whos-left-after-terrahash-infographic/

[Sou]

Any reason Activemining isn't mentioned on the "ASIC Chip - Bulk Sales" area on http://mining.thegenesisblock.com/?

or here

http://bitcoinviews.com/whos-left-after-terrahash-infographic/

We might as well just be eating our food in the bathroom at lunchtime. It's like we don't even exist 

[addi]

Any reason Activemining isn't mentioned on the "ASIC Chip - Bulk Sales" area on http://mining.thegenesisblock.com/?

or here

http://bitcoinviews.com/whos-left-after-terrahash-infographic/

We might as well just be eating our food in the bathroom at lunchtime. It's like we don't even exist 

Lack of marketing, needs to be taken care of, among many other things, asap

[VolanicEruptor]

Did I read that right?  That Ken said he would be able to deploy his miners for these color coins?  There is a reason why we can't use current ASICs to mine for litecoins and other altcoins, and end up resorting to GPU mining.   Are these Fast Hash machines about to break this rule?  I'd like to see an elaboration of this idea that you can use this technology to mine for other coins.. I've never heard of this before!

[Sou]

Did I read that right?  That Ken said he would be able to deploy his miners for these color coins?  There is a reason why we can't use current ASICs to mine for litecoins and other altcoins, and end up resorting to GPU mining.   Are these Fast Hash machines about to break this rule?  I'd like to see an elaboration of this idea that you can use this technology to mine for other coins.. I've never heard of this before!

I don't think you quite understand of mining works - regardless, he didn't say anything about mining color coins.

[thefunkybits]

Did I read that right?  That Ken said he would be able to deploy his miners for these color coins?  There is a reason why we can't use current ASICs to mine for litecoins and other altcoins, and end up resorting to GPU mining.   Are these Fast Hash machines about to break this rule?  I'd like to see an elaboration of this idea that you can use this technology to mine for other coins.. I've never heard of this before!

I believe Ken is referring to a merge-mined coin similar to namecoin which would let us avoid 51% attack.
It would obviously have to be sha-256 and Ken obviously knows that.

Why are you playing dumb and being so cynical?

[Sou]

I believe there are two options that should be considered until the development is finished with colored coins and they are ready to be implemented:

1.) An Activemining alt-coin that represents shares in the company.

2.) The use of Ripple.

Both of these would act as a decentralized solution to trading shares p2p, collecting dividends, and avoiding any further pressure from outside "authorizes".  

[zumzero]

Any reason Activemining isn't mentioned on the "ASIC Chip - Bulk Sales" area on http://mining.thegenesisblock.com/?

or here

http://bitcoinviews.com/whos-left-after-terrahash-infographic/

We might as well just be eating our food in the bathroom at lunchtime. It's like we don't even exist 

Lack of marketing, needs to be taken care of, among many other things, asap

That link above breaks my heart.  

Ken will give us August sales figures in five days time.  I don't think these figures will be of much use, however by the end of October he will issue a three month profit and loss statement and a balance sheet.

This information will be of great use and unless it proves that a proactive marketing campaign and a glossy modern website are not a prerequisite to creating a successful and competitive manufacturing company, then we are in the shit.

Basically Ken has chosen to go against the grain and I sincerely hope he proves a lot of people wrong, myself included.

[neilol]

That link above breaks my heart.  

Ken will give us August sales figures in five days time.  I don't think these figures will be of much use, however by the end of October he will issue a three month profit and loss statement and a balance sheet.

This information will be of great use and unless it proves that a proactive marketing campaign and a glossy modern website are not a prerequisite to creating a successful and competitive manufacturing company, then we are in the shit.

Basically Ken has chosen to go against the grain and I sincerely hope he proves a lot of people wrong, myself included.

Even then, there isn't a downside to having a halfway competent marketing/pr campaign going. Even as an insurance policy to grab visibility and orders. Countless times AMC just isn't mentioned among competitors. There isn't a positive side to ignoring it

[aquarius]

Did I read that right?  That Ken said he would be able to deploy his miners for these color coins?  There is a reason why we can't use current ASICs to mine for litecoins and other altcoins, and end up resorting to GPU mining.   Are these Fast Hash machines about to break this rule?  I'd like to see an elaboration of this idea that you can use this technology to mine for other coins.. I've never heard of this before!

I believe Ken is referring to a merge-mined coin similar to namecoin which would let us avoid 51% attack.
It would obviously have to be sha-256 and Ken obviously knows that.

Why are you playing dumb and being so cynical?

because he is an entitled cunt that probably was way too materially spoiled as a child.

[VolanicEruptor]

Any reason Activemining isn't mentioned on the "ASIC Chip - Bulk Sales" area on http://mining.thegenesisblock.com/?

or here

http://bitcoinviews.com/whos-left-after-terrahash-infographic/

We might as well just be eating our food in the bathroom at lunchtime. It's like we don't even exist 

Lack of marketing, needs to be taken care of, among many other things, asap

That link above breaks my heart.  

Ken will give us August sales figures in five days time.  I don't think these figures will be of much use, however by the end of October he will issue a three month profit and loss statement and a balance sheet.

This information will be of great use and unless it proves that a proactive marketing campaign and a glossy modern website are not a prerequisite to creating a successful and competitive manufacturing company, then we are in the shit.

Basically Ken has chosen to go against the grain and I sincerely hope he proves a lot of people wrong, myself included.

We've already seen August.. we're waiting for September sales..

[knybe]

We've already seen August.. we're waiting for September sales..

cool story bro. now go away, you're not part of the "we're."

[Stuartuk]

We've already seen August.. we're waiting for September sales..

We're waiting for you to STFU and FO.

[VolanicEruptor]

We've already seen August.. we're waiting for September sales..

cool story bro. now go away, you're not part of the "we're."

I still hold 50k shares.. I'm part of it whether you like it or not.   

[Stuartuk]

I still hold 50k shares.. I'm part of it whether you like it or not.  

Sell them and FO. Do us and yourself a favour, they are only going down from here. Sell them and FO.

[crumbs]

I still hold 50k shares.. I'm part of it whether you like it or not.  

Sell them and FO. Do us and yourself a favour, they are only going down from here. Sell them and FO.

Careful what you wish for.  Liquidating such a substantial position ain't easy without a bit of slippage, as in ... lol 50%

[knybe]

[VolanicEruptor]

I still hold 50k shares.. I'm part of it whether you like it or not.  

Sell them and FO. Do us and yourself a favour, they are only going down from here. Sell them and FO.

Nah.. I'll keep them for shits and giggles and see what happens.  Thanks though.