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

[kleeck]

A million dollar order    not bad for a day's work!

Twist: The $1M order was Ken's order for the ActM mining operation.

[bitwhizz]

This will give us great publicity and our sales will increase, and if Ken is able to quickly scale things up, then we gentlemen, start receiving a nice weekly income!

Will Ken be able to retire us with the dividends?

Hopefully,

I'm glad i always held strong to this company, so many times i thought i should sell but didn't, so glad things seem as if its starting to pull through, fingers crossed

[knybe]

A million dollar order    not bad for a day's work!

Twist: The $1M order was Ken's order for the ActM mining operation.

fact?

[knybe]

VE you are so not worth unignoring. Useless.

[drawingthesun]

VE, go away you troll.

[4ju5tice]

A million dollar order    not bad for a day's work!

Twist: The $1M order was Ken's order for the ActM mining operation.

That's exactly what I thought.

edit: added 'what'

[Matt_S]

A million dollar order    not bad for a day's work!

Twist: The $1M order was Ken's order for the ActM mining operation.

That's exactly I thought.

The exact figure he posted is what the price on the website is for 6x Platinum machines. We would pay cost price wouldn't we?

[hobbymd]

kslaugther... why is the deadline for sending the shares to amc-tender tomorrow when we have another half month time with bitfunder? I wante do buy some more shares. So what happens if i miss the date to move my shares to amc-tender?

Also, there are approximately 470 addresses with ActM shares. What happens to those that didn't transfer their shares to AMC-TENDER?

could someone please confirm the deadline for share transfer is 14th of November? I can't find the post that had this info in it.

[knybe]

kslaugther... why is the deadline for sending the shares to amc-tender tomorrow when we have another half month time with bitfunder? I wante do buy some more shares. So what happens if i miss the date to move my shares to amc-tender?

Also, there are approximately 470 addresses with ActM shares. What happens to those that didn't transfer their shares to AMC-TENDER?

could someone please confirm the deadline for share transfer is 14th of November? I can't find the post that had this info in it.

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

[4ju5tice]

A million dollar order    not bad for a day's work!

Twist: The $1M order was Ken's order for the ActM mining operation.

That's exactly I thought.

The exact figure he posted is what the price on the website is for 6x Platinum machines. We would pay cost price wouldn't we?

Who would get the profits Matt S?

[wonker]

A million dollar order    not bad for a day's work!

Twist: The $1M order was Ken's order for the ActM mining operation.

That's exactly I thought.

The exact figure he posted is what the price on the website is for 6x Platinum machines. We would pay cost price wouldn't we?

Who would get the profits Matt S?

there is no profit on cost prices. we only pay the manufacturing expenses.

[funkymunky]

A million dollar order    not bad for a day's work!

Twist: The $1M order was Ken's order for the ActM mining operation.

That's exactly I thought.

The exact figure he posted is what the price on the website is for 6x Platinum machines. We would pay cost price wouldn't we?

I checked the price too on the VMC site, before seeing your post as I thought this might be the case.
But yes the quoted price is market price not cost price.
Therefore; I'm sure it isn't for "our" own use and seems it is for a legitimate buyer.

[drawingthesun]

I am sure Ken is not selling himself miners. If he was any profits would have to be taxed meaning we would simply be sending money to the tax office for no reason.

[Puppet]

I checked the price too on the VMC site, before seeing your post as I thought this might be the case.
But yes the quoted price is market price not cost price.
Therefore; I'm sure it isn't for "our" own use and seems it is for a legitimate buyer.

Unless this is confirmed by Ken to be otherwise (ie, paid in full, BTC or otherwise), Im going to assume this is a fake order. Cant imagine spending $1M and paying list price.

FWIW, to see accepted payment options and delivery cost, the only way I found is entering a 'fake' order, so you can already deduce my $996 order from the November revenue, because I have no intention of paying for it.

[drawingthesun]

Also the store says that the orders will be shipping as soon as payment received. Ken this is deceptive.

Are we even able to ship one miner before the end of November?

[zumzero]

Also the store says that the orders will be shipping as soon as payment received. Ken this is deceptive.

Are we even able to ship one miner before the end of November?

To make a dent in todays hash rate you need the really big numbers.  Now if you or some company or group wanted to invest $1,000,000 into bitcoin mining machines, who would you buy from?

Are there any other companies out there that can can provide over 147 TH/s that can be transported in a transit van and not take three articulated lorries?

[drawingthesun]

To make a dent in todays hash rate you need the really big numbers.  Now if you or some company or group wanted to invest $1,000,000 into bitcoin mining machines, who would you buy from?

Are there any other companies out there that can can provide over 147 TH/s that can be transported in a transit van and not take three articulated lorries?

Oh I agree, but so far we don't even have one of these machines in existence and the website says that the miners will be sent out after payment. We don't want to start damaging our brand.

[kleeck]

To make a dent in todays hash rate you need the really big numbers.  Now if you or some company or group wanted to invest $1,000,000 into bitcoin mining machines, who would you buy from?

Are there any other companies out there that can can provide over 147 TH/s that can be transported in a transit van and not take three articulated lorries?

Oh I agree, but so far we don't even have one of these machines in existence...

I agree that customers should not be mislead, if that is happening, but what do you think increased the hashrate? Ken has at least one prototype and we have evidence of that now. They exist.

[drawingthesun]

I agree that customers should not be mislead, if that is happening, but what do you think increased the hashrate? Ken has at least one prototype and we have evidence of that now. They exist.

True we do have a prototype (probably) but its not a 24TH/s beast. I think the mining income from the extra hash power represents between 1TH/s and 2TH/s at most.

I would have expected our own hashpower to be 100TH/s before we started to send out these miners. But either way if we can get several million dollars from shipped hardware that would be good too.

I just want 3% of the network, I have worked out that is my breakeven point and I hope Ken can get us there.

[minerpart]

If someone has made a million dollar order they will know exactly when they will get delivery. This isn't some kid  ordering a 1k machine on his dads credit card.