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Author Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]  (Read 771288 times)
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Vigil
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November 10, 2013, 12:56:19 AM
 #2421

I don't mean to render the creation of an mining ASIC as trivial because I am not much of an electrical or computer science engineer. But I just don't get why it is so difficult to get these things working on time. It seems that every company that sets out to make these things ends up either going defunct or going through multiple delays. I mean, we had an open-source board which ended up being successful with some work, why can't these "pros" get these things working. An ASIC chip is basically just doing a single calculation many times over - what is the big deal?
bb000
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November 10, 2013, 12:58:53 AM
 #2422


What is the procedure for transferring shares to AMC-TENDER?



Page 118 post 2349

Cheers
drawingthesun
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November 10, 2013, 01:53:46 AM
 #2423

I don't mean to render the creation of an mining ASIC as trivial because I am not much of an electrical or computer science engineer. But I just don't get why it is so difficult to get these things working on time. It seems that every company that sets out to make these things ends up either going defunct or going through multiple delays. I mean, we had an open-source board which ended up being successful with some work, why can't these "pros" get these things working. An ASIC chip is basically just doing a single calculation many times over - what is the big deal?

Our problem is eASIC is not used to creating 28nm and we are one of their first customers for this tech.

It now increasingly seems like eASIC are in too deep and unable to create the product Ken paid for. We currently have no chips, not one single chip.
Vigil
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November 10, 2013, 01:57:25 AM
 #2424

I don't mean to render the creation of an mining ASIC as trivial because I am not much of an electrical or computer science engineer. But I just don't get why it is so difficult to get these things working on time. It seems that every company that sets out to make these things ends up either going defunct or going through multiple delays. I mean, we had an open-source board which ended up being successful with some work, why can't these "pros" get these things working. An ASIC chip is basically just doing a single calculation many times over - what is the big deal?

Our problem is eASIC is not used to creating 28nm and we are one of their first customers for this tech.

It now increasingly seems like eASIC are in too deep and unable to create the product Ken paid for. We currently have no chips, not one single chip.
so is that the point of the NDA? We were to act as eASIC's test run for the 28nm and they didn't want any potential blunders to be let loose? I thought eASIC had done 28nm for a little while.
drawingthesun
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November 10, 2013, 02:01:44 AM
 #2425

so is that the point of the NDA? We were to act as eASIC's test run for the 28nm and they didn't want any potential blunders to be let loose? I thought eASIC had done 28nm for a little while.

I guess so, how we tell that they have been doing 28nm before? All companies are under NDA. The NDA is designed so if eASIC screw up and take 6 months too long no one can say too much, (Even though its obvious)

This is a shame because eASIC really could work out, being able to order chips fast would actually give ActiveMining a chance a running a decent mining farm.
bitmoon
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November 10, 2013, 02:24:13 AM
 #2426

i am not sure why you guys reacting when crumbs speaks.

the way he behaves tells you he might be rich.

rich + happy = trolling others and watching the misery

am i correct crumbs? Tongue
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November 10, 2013, 02:30:12 AM
 #2427

It now increasingly seems like eASIC are in too deep and unable to create the product Ken paid for. We currently have no chips, not one single chip.
So then what are the "additional hashing resources" Huh Ken is adding 3TH/s of competitors' chips? Lol yeah right.
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November 10, 2013, 02:38:29 AM
 #2428

It now increasingly seems like eASIC are in too deep and unable to create the product Ken paid for. We currently have no chips, not one single chip.
So then what are the "additional hashing resources" Huh Ken is adding 3TH/s of competitors' chips? Lol yeah right.

Apart from a mysterious 2.8 bitcoin payment to the mining address all the incoming mining revenue has been from the avalons/klondikes.

Since that one payment nothing else has been added, not sure if you have been following but we are still mining under 1TH/s.
somestranger
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November 10, 2013, 02:40:44 AM
 #2429

It now increasingly seems like eASIC are in too deep and unable to create the product Ken paid for. We currently have no chips, not one single chip.
So then what are the "additional hashing resources" Huh Ken is adding 3TH/s of competitors' chips? Lol yeah right.

Apart from a mysterious 2.8 bitcoin payment to the mining address all the incoming mining revenue has been from the avalons/klondikes.

Since that one payment nothing else has been added, not sure if you have been following but we are still mining under 1TH/s.
Ken said 1TH/s was added with "additional hashing resources" (read: "eASIC chips but we can't say that because of NDA") so we are definitely mining above 1TH/s unless he is lying which I cannot fathom.
drawingthesun
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November 10, 2013, 02:46:39 AM
 #2430

Ken said 1TH/s was added with "additional hashing resources" (read: "eASIC chips but we can't say that because of NDA") so we are definitely mining above 1TH/s unless he is lying which I cannot fathom.

So why have the extra 2.8 bitcoin payments stopped?

Damn, look at the mining address with your own eyes!!!!!!!!

The recurring 0.5 bitcoin payments are from the sold mining gear, no evidence anything has been stepped up. So a week later we are still mining under 1TH/s.

The only alternative explanation for extra hashing power is either there is none, or it is being sent to an address we don't know about.
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November 10, 2013, 02:58:34 AM
 #2431

I don't mean to render the creation of an mining ASIC as trivial because I am not much of an electrical or computer science engineer. But I just don't get why it is so difficult to get these things working on time. It seems that every company that sets out to make these things ends up either going defunct or going through multiple delays. I mean, we had an open-source board which ended up being successful with some work, why can't these "pros" get these things working. An ASIC chip is basically just doing a single calculation many times over - what is the big deal?

Our problem is eASIC is not used to creating 28nm and we are one of their first customers for this tech.

It now increasingly seems like eASIC are in too deep and unable to create the product Ken paid for. We currently have no chips, not one single chip.

However, it's said that KNC chips's designer has relation with eASIC.
kingcrimson
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November 10, 2013, 03:21:39 AM
 #2432

He is balls deep in this stock and doing some kind of reverse psychology to protect his ego.
drawingthesun
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November 10, 2013, 03:24:26 AM
 #2433

i am not sure why you guys reacting when crumbs speaks.

the way he behaves tells you he might be rich.

rich + happy = trolling others and watching the misery

am i correct crumbs? Tongue

If you think that happy people love to take the piss out of others I don't want to know you!

The last thing a happy person is going to do is laugh and gloat at people hurting.

"rich + unhappy = trolling others and watching the misery" makes more sense.
coinfresh
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November 10, 2013, 03:31:39 AM
 #2434

i am not sure why you guys reacting when crumbs speaks.

the way he behaves tells you he might be rich.

rich + happy = trolling others and watching the misery

am i correct crumbs? Tongue

If you think that happy people love to take the piss out of others I don't want to know you!

The last thing a happy person is going to do is laugh and gloat at people hurting.

"rich + unhappy = trolling others and watching the misery" makes more sense.

Yeah right, crumbs might have been rich at one point but lost his shirt betting on labcoin, so he's trolling here.
drawingthesun
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November 10, 2013, 03:35:56 AM
 #2435

If you remember I bought in too late and had never a chance to get out...

So I can listen lots and lots, but I have never had the chance to get out of this stock.

And now no one can get in, why are you still hear gloating at us? We can't do anything and we just want eASIC news. Although I fear eASIC have fucked us.
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November 10, 2013, 03:56:26 AM
 #2436

crumbs is still here because he got robbed for all his btc by that tranny hooker he tried to solicit. I can understand why he is here and trying to keep us all from making the same mistake he once made.
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November 10, 2013, 04:54:57 AM
 #2437

Ken said 1TH/s was added with "additional hashing resources" (read: "eASIC chips but we can't say that because of NDA") so we are definitely mining above 1TH/s unless he is lying which I cannot fathom.

So why have the extra 2.8 bitcoin payments stopped?

Damn, look at the mining address with your own eyes!!!!!!!!

The recurring 0.5 bitcoin payments are from the sold mining gear, no evidence anything has been stepped up. So a week later we are still mining under 1TH/s.

The only alternative explanation for extra hashing power is either there is none, or it is being sent to an address we don't know about.

Can someone post up our mining address?
drawingthesun
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November 10, 2013, 04:56:59 AM
Last edit: November 10, 2013, 08:56:50 AM by drawingthesun
 #2438

Ken said 1TH/s was added with "additional hashing resources" (read: "eASIC chips but we can't say that because of NDA") so we are definitely mining above 1TH/s unless he is lying which I cannot fathom.

So why have the extra 2.8 bitcoin payments stopped?

Damn, look at the mining address with your own eyes!!!!!!!!

The recurring 0.5 bitcoin payments are from the sold mining gear, no evidence anything has been stepped up. So a week later we are still mining under 1TH/s.

The only alternative explanation for extra hashing power is either there is none, or it is being sent to an address we don't know about.

Can someone post up our mining address?

You sure? Its the most depressing address on the blockchain.

We spent millions on this:

https://blockchain.info/address/1DJpsvnM7xTnQbWEhLYyCyfxQyxwupEzCa
kslaughter (OP)
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November 10, 2013, 05:49:43 AM
 #2439

Ken said 1TH/s was added with "additional hashing resources" (read: "eASIC chips but we can't say that because of NDA") so we are definitely mining above 1TH/s unless he is lying which I cannot fathom.

So why have the extra 2.8 bitcoin payments stopped?

Damn, look at the mining address with your own eyes!!!!!!!!

The recurring 0.5 bitcoin payments are from the sold mining gear, no evidence anything has been stepped up. So a week later we are still mining under 1TH/s.

The only alternative explanation for extra hashing power is either there is none, or it is being sent to an address we don't know about.

As I have said before, all mining revenue goes to that one address; however, we don't have all systems set up to automatically send payouts, some we have to send manually.  So, that being said you will see more revenue in our mining address when we manually send those payouts.
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November 10, 2013, 08:55:46 AM
 #2440

what?

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