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Author Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]  (Read 771093 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.
ChefBorjan
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November 17, 2013, 03:06:19 PM
 #3001

This thread is getting out of hand as the old non self-moderated one. Damn

From: https://bitcointalk.org/index.php?topic=297543.msg3220847#msg3220847
Quote
Consolidated Active Mining Corporation and VMC reports will be release by November 30th 2013

Not again...
BTW Ken, please include "Shareholders equity" line (and required sub categories like "Treasury stock" etc if needed) in your balance sheet. With out it, it's kinda half ass and not acceptable for a business.

Hi Eskimo.

You've been keen for Ken to disclose the financials. Obviously there are still some things you think could be improved, but what is your assessment of what has been just provided?

If you feel like leaving me a tip: 1MhxTnB5onvEMqF53TDXxVseQZzYZetxw3
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November 17, 2013, 03:36:50 PM
 #3002

Our mining revenue is now down to about 0.4 Bitcoin per day for a weekly dividend of 0.00000028 per share.

Would be better to sell these old miners. It would mean a one time income that is higher than self mining can achieve in the next time since miner-buyers seems to pay more than the machines could mine back in. Shortly the avalon chips will not be able to mine the power cost in. So selling now is even more important.

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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November 17, 2013, 03:47:31 PM
 #3003

I will buy the Older miners for $12 per GH/s

drawingthesun
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November 17, 2013, 03:49:41 PM
 #3004

I will buy the Older miners for $12 per GH/s


Thats about 15 - 19 Bitcoin when they are making 2.8 per week.

I am certain you would lose money on that deal.
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November 17, 2013, 04:37:14 PM
 #3005

I don't normally come on here and post anything negative, however; yet again another "news" article which mentions every single one of our competitors with no mention of ActM/VMC or a quote from Ken....

http://mobile.businessweek.com/articles/2013-11-14/2014-outlook-bitcoin-mining-chips-a-high-tech-arms-race
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November 17, 2013, 04:37:38 PM
 #3006

let me worry about if i am losing money on the deal




@Ken If you want to sell any of the Older Miners Please Contact me to discuss cost and shipping for the older miners if you choose to sell them and put the proceeds towards the Divs or put the money back into the R&D fund.

Once again my Offer is $12 per gh/s

Please let me know

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November 17, 2013, 04:43:44 PM
 #3007

I don't normally come on here and post anything negative, however; yet again another "news" article which mentions every single one of our competitors with no mention of ActM/VMC or a quote from Ken....

http://mobile.businessweek.com/articles/2013-11-14/2014-outlook-bitcoin-mining-chips-a-high-tech-arms-race


ASICMINER was not mentioned either. Everyone has a hardon these days for private companies and rejoice for a small few individuals to make all the profits. It seems there are only two public companies left, us and ASICMINER.

I am sure if we gain several % of the network we will become more well known and talked about.
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November 17, 2013, 05:04:06 PM
 #3008

I don't normally come on here and post anything negative, however; yet again another "news" article which mentions every single one of our competitors with no mention of ActM/VMC or a quote from Ken....

http://mobile.businessweek.com/articles/2013-11-14/2014-outlook-bitcoin-mining-chips-a-high-tech-arms-race


Another downside of NDA's? eASIC really should think over its oppressive contract behaviour if the result is that their customers have disadvantages.

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November 17, 2013, 05:56:21 PM
 #3009

This thread is getting out of hand as the old non self-moderated one. Damn

From: https://bitcointalk.org/index.php?topic=297543.msg3220847#msg3220847
Quote
Consolidated Active Mining Corporation and VMC reports will be release by November 30th 2013

Not again...
BTW Ken, please include "Shareholders equity" line (and required sub categories like "Treasury stock" etc if needed) in your balance sheet. With out it, it's kinda half ass and not acceptable for a business.

Hi Eskimo.

You've been keen for Ken to disclose the financials. Obviously there are still some things you think could be improved, but what is your assessment of what has been just provided?

Lets wait for correct and current statements and then start commenting. Those are old, for September 2013. 

While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
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November 17, 2013, 06:07:00 PM
 #3010

let me worry about if i am losing money on the deal




@Ken If you want to sell any of the Older Miners Please Contact me to discuss cost and shipping for the older miners if you choose to sell them and put the proceeds towards the Divs or put the money back into the R&D fund.

Once again my Offer is $12 per gh/s

Please let me know
hell i'll take the avalons for $15/gh/s (shipping included).  i'm talking about just the self-contained units, not any of the k-16's.  they would need to be shipped out no later than tuesday 11/19/13 or my offer no longer stands.
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November 17, 2013, 06:20:16 PM
 #3011

After looking through the various exchanges, we currently have only two semi-legal options:

https://796.com/

And

https://www.havelockinvestments.com/

All the other exchanges currently available are for play money only and not legal at all. Remember there is no fully legal exchange for Bitcoin securities at the moment, but the two above have done more than anyone else.

I understand the long term view is to be listed on a decentralized exchange however for the next 2-3 months this is not possible, and its within the next 2-3 months that a lot of trading will occur due to the eASIC chips coming online.

I really do not want to be listed on another play money exchange. At least have some type of licence for money transmission etc...

Does anyone disagree?
minerpart
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November 17, 2013, 06:40:30 PM
 #3012

I'd like to agree or disagree but I'm not sure to what. What are you saying over the shares exactly?

I know you are desperate to sell to get some FIAT back but it looks like Ken does not have the time to spend puting us on havelock and I would not be happy with him spending a full week doing that anyway when he has the business to work on at this crucial time.

At the end of the day the SEC caused this trouble for us. Yes its a shame you can't realise some dollars at this BTC price but that's life.
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November 17, 2013, 06:43:04 PM
 #3013

After looking through the various exchanges, we currently have only two semi-legal options:

https://796.com/

And

https://www.havelockinvestments.com/

All the other exchanges currently available are for play money only and not legal at all. Remember there is no fully legal exchange for Bitcoin securities at the moment, but the two above have done more than anyone else.

I understand the long term view is to be listed on a decentralized exchange however for the next 2-3 months this is not possible, and its within the next 2-3 months that a lot of trading will occur due to the eASIC chips coming online.

I really do not want to be listed on another play money exchange. At least have some type of licence for money transmission etc...

Does anyone disagree?

As a US investor I do not want my shares on another centralized exchange which will be shut down by the SEC. Its only a matter of time.

Either keep them direct or use a decentralized exchange like colored coins. If someone wants to make a passthrough on those exchanges allow them to with their direct shares. We don't need Ken to spend X amount of time getting our shares onto another exchange only to have it shut down and then he has to spend another X amount of time dealing with the share transfers. Thats 2X time that could be spent working on the companies core business mining. Not making sure our shares are always tradable so that those who have cold feet can get out.
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November 17, 2013, 06:49:55 PM
 #3014

Interestingly it's those weaker hands with cold feet that could be set to benefit from owning shares that can not be traded.  Time will tell.  Congrats America with the $500 barrier!  £500 next!

https://mybitcoin.garden
Bitcoin game where you can earn up to 220% on each planted garden!
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November 17, 2013, 06:56:29 PM
 #3015

Congrats America? Its China pushing this higher right now. From here we could have a splash-down to 250 level or some serious investors/funds could start getting involved here taking us to 1k with no looking back. It really is possible some big boys might get in here. Next two days will tell.

You need to price this in Yuan right now.

(not Yen sorry)
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November 17, 2013, 07:12:54 PM
 #3016

For your reading pleasure

http://www.investopedia.com/university/scams/

https://twitter.com/Lorenzo_Money -- Bitcoin Address: 1EttqaSSCksRAXrwejoChs5zmGjSikN9mC -- http://lorenzomoney.wordpress.com/
The Bulk of mankind is as well equipped for flying as thinking. - Jonathan Swift
DOGE COIN address: DSYMgD1HfmJFwNuc6Zvhp7PkrVD1QRBsgu
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November 17, 2013, 07:23:01 PM
 #3017

After looking through the various exchanges, we currently have only two semi-legal options:

https://796.com/

And

https://www.havelockinvestments.com/

All the other exchanges currently available are for play money only and not legal at all. Remember there is no fully legal exchange for Bitcoin securities at the moment, but the two above have done more than anyone else.

I understand the long term view is to be listed on a decentralized exchange however for the next 2-3 months this is not possible, and its within the next 2-3 months that a lot of trading will occur due to the eASIC chips coming online.

I really do not want to be listed on another play money exchange. At least have some type of licence for money transmission etc...

Does anyone disagree?

How about this? You will see your 'play money' problem is addressed directly.....

https://forum.litecoin.net/index.php/topic,7176.msg54823.html#msg54823
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November 17, 2013, 07:55:24 PM
 #3018

How do i claim my assists for company here from bitfunder ?

=
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November 17, 2013, 08:08:36 PM
 #3019

After looking through the various exchanges, we currently have only two semi-legal options:

https://796.com/

And

https://www.havelockinvestments.com/

All the other exchanges currently available are for play money only and not legal at all. Remember there is no fully legal exchange for Bitcoin securities at the moment, but the two above have done more than anyone else.

I understand the long term view is to be listed on a decentralized exchange however for the next 2-3 months this is not possible, and its within the next 2-3 months that a lot of trading will occur due to the eASIC chips coming online.

I really do not want to be listed on another play money exchange. At least have some type of licence for money transmission etc...

Does anyone disagree?

How about this? You will see your 'play money' problem is addressed directly.....

https://forum.litecoin.net/index.php/topic,7176.msg54823.html#msg54823

This is really good news. Have they addressed how they will handle US investors?


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November 17, 2013, 08:10:18 PM
 #3020

I could probably find the answer to this if I dug through the last 50ish pages but I've got the flu and ain't got time for that:

What's happening to our dividends whilst this whole Bitfunder collapse thing is going down? Are they being saved up to be paid out when we're back on an exchange?

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