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

[crumbs]

looks like bitcoin is getting hit hard.  $850 and falling

Gox is having a tough time.

http://www.reddit.com/r/BitcoinMarkets/comments/1s9g0c/mtgox_is_doing_its_instant_replay_bug_again/

Thrashing.

[VolanicEruptor]

looks like bitcoin is getting hit hard.  $850 and falling

Gox is having a tough time.

http://www.reddit.com/r/BitcoinMarkets/comments/1s9g0c/mtgox_is_doing_its_instant_replay_bug_again/

I wonder if we can develop a chip that hashes faster as the mtgox price goes down 

[SebastianJu]

14 pages in 24 hours... i never set a user to ignore but now i do it to a couple users. The amount of useless fights in here is hefty.

[VolanicEruptor]

14 pages in 24 hours... i never set a user to ignore but now i do it to a couple users. The amount of useless fights in here is hefty.

Actually it was quite the friendly party in here.  We were quoting Shakespeare, listening to Lorenzo's wise words, and feeding  Ken our children.. it was good times

[zumzero]

looks like bitcoin is getting hit hard.  $850 and falling

Gox is having a tough time.

http://www.reddit.com/r/BitcoinMarkets/comments/1s9g0c/mtgox_is_doing_its_instant_replay_bug_again/

I wonder if we can develop a chip that hashes faster as the mtgox price goes down 

Great marketing idea!    Intellicrash (tm)

[int3ractivodular]

looks like bitcoin is getting hit hard.  $850 and falling

Gox is having a tough time.

http://www.reddit.com/r/BitcoinMarkets/comments/1s9g0c/mtgox_is_doing_its_instant_replay_bug_again/

I wonder if we can develop a chip that hashes faster as the mtgox price goes down 

Great marketing idea!    Intellicrash (tm)

That would be the most wildly variant hashing speed of any machine to ever exist. So many idiots panicking every 10 minutes lol.

[int3ractivodular]

Good grief, this thread (and tbh, this entire forum) makes it impossible to find actual updates. Maybe someone should start a self moderated thread? Oh wait.

Seriously though. It's getting outrageous having to wade through the 60,000 posts of irrelevant bullshit to get to any sort of substantial posts.

[adameb]

Good grief, this thread (and tbh, this entire forum) makes it impossible to find actual updates. Maybe someone should start a self moderated thread? Oh wait.

Seriously though. It's getting outrageous having to wade through the 60,000 posts of irrelevant bullshit to get to any sort of substantial posts.

The worst is when you haven't checked in for a couple days, and see like 20 new pages have been added, and hope that its finally news on shipping or sales, but instead its just an argument, followed by pictures speculating on crumbs' cats.

[Bargraphics]

Good grief, this thread (and tbh, this entire forum) makes it impossible to find actual updates. Maybe someone should start a self moderated thread? Oh wait.

Seriously though. It's getting outrageous having to wade through the 60,000 posts of irrelevant bullshit to get to any sort of substantial posts.

The worst is when you haven't checked in for a couple days, and see like 20 new pages have been added, and hope that its finally news on shipping or sales, but instead its just an argument, followed by pictures speculating on crumbs' cats.

[JoTheKhan]

Good grief, this thread (and tbh, this entire forum) makes it impossible to find actual updates. Maybe someone should start a self moderated thread? Oh wait.

Seriously though. It's getting outrageous having to wade through the 60,000 posts of irrelevant bullshit to get to any sort of substantial posts.

At some point you guys are going to have to accept that if you want useful information you should just check Ken's post history. Until this point, feel free to look at this thread for updates. Though it is a "Discussion" Thread and you will be sorely disappointed like always. There just really isn't any meaningful discussion today it seems.

[keepinithamsta]

Good grief, this thread (and tbh, this entire forum) makes it impossible to find actual updates. Maybe someone should start a self moderated thread? Oh wait.

Seriously though. It's getting outrageous having to wade through the 60,000 posts of irrelevant bullshit to get to any sort of substantial posts.

At some point you guys are going to have to accept that if you want useful information you should just check Ken's post history. Until this point, feel free to look at this thread for updates. Though it is a "Discussion" Thread and you will be sorely disappointed like always. There just really isn't any meaningful discussion today it seems.

I keep checking for concrete evidence.  A picture of a QFN reflow/soldering station, something, anything..

[JoTheKhan]

Good grief, this thread (and tbh, this entire forum) makes it impossible to find actual updates. Maybe someone should start a self moderated thread? Oh wait.

Seriously though. It's getting outrageous having to wade through the 60,000 posts of irrelevant bullshit to get to any sort of substantial posts.

At some point you guys are going to have to accept that if you want useful information you should just check Ken's post history. Until this point, feel free to look at this thread for updates. Though it is a "Discussion" Thread and you will be sorely disappointed like always. There just really isn't any meaningful discussion today it seems.

I keep checking for concrete evidence.  A picture of a QFN reflow/soldering station, something, anything..

Yes but Ken will be the person to posts any of this. So just check his most recent posts. No reason to even step foot on the forum if you don't want to.

[mannybitcoins]

This will save you from idiotic discussions.

[iamnot_]

Good grief, this thread (and tbh, this entire forum) makes it impossible to find actual updates. Maybe someone should start a self moderated thread? Oh wait.

Seriously though. It's getting outrageous having to wade through the 60,000 posts of irrelevant bullshit to get to any sort of substantial posts.

At some point you guys are going to have to accept that if you want useful information you should just check Ken's post history. Until this point, feel free to look at this thread for updates. Though it is a "Discussion" Thread and you will be sorely disappointed like always. There just really isn't any meaningful discussion today it seems.

I keep checking for concrete evidence.  A picture of a QFN reflow/soldering station, something, anything..

Is this standard equipment that any "Engineering Firm" would possess, which you could recognize at a glance, and which would verify that Ken possesses the physical tools needed to turn eASIC chips into something we can use for VMC/AMC purposes? If Ken can get a picture of these things without revealing the identity of the Engineering Firm (which it seems he does not want to reveal), we should press him on it. On the other hand, perhaps there is something else -- some other tool or physical component of this operation -- that we could agree upon which would satisfy shareholders. I have not had any problems with Ken's approach until the Intelihash thing. This is just something that I cannot verify for myself or understand in a straightforward manner and right now we lack a VBS to communicate the more technical end of things. We have reached the point where Ken is not performing the due diligence required to maintain trust.

[VolanicEruptor]

someone just go visit him already
he has already said he would show people around
or maybe that was just during IPO time when he actually cared what we thought

[crumbs]

Good grief, this thread (and tbh, this entire forum) makes it impossible to find actual updates. Maybe someone should start a self moderated thread? Oh wait.

Seriously though. It's getting outrageous having to wade through the 60,000 posts of irrelevant bullshit to get to any sort of substantial posts.

At some point you guys are going to have to accept that if you want useful information you should just check Ken's post history. Until this point, feel free to look at this thread for updates. Though it is a "Discussion" Thread and you will be sorely disappointed like always. There just really isn't any meaningful discussion today it seems.

I keep checking for concrete evidence.  A picture of a QFN reflow/soldering station, something, anything..

Is this standard equipment that any "Engineering Firm" would possess, which you could recognize at a glance, and which would verify that Ken possesses the physical tools needed to turn eASIC chips into something we can use for VMC/AMC purposes? If Ken can get a picture of these things without revealing the identity of the Engineering Firm (which it seems he does not want to reveal), we should press him on it. On the other hand, perhaps there is something else -- some other tool or physical component of this operation -- that we could agree upon which would satisfy shareholders. I have not had any problems with Ken's approach until the Intelihash thing. This is just something that I cannot verify for myself or understand in a straightforward manner and right now we lack a VBS to communicate the more technical end of things. We have reached the point where Ken is not performing the due diligence required to maintain trust.

This pic was plenty convincing for everyone here 'till now, what changed?

(Follow this link for extra lolz.)

[iamnot_]

Good grief, this thread (and tbh, this entire forum) makes it impossible to find actual updates. Maybe someone should start a self moderated thread? Oh wait.

Seriously though. It's getting outrageous having to wade through the 60,000 posts of irrelevant bullshit to get to any sort of substantial posts.

At some point you guys are going to have to accept that if you want useful information you should just check Ken's post history. Until this point, feel free to look at this thread for updates. Though it is a "Discussion" Thread and you will be sorely disappointed like always. There just really isn't any meaningful discussion today it seems.

I keep checking for concrete evidence.  A picture of a QFN reflow/soldering station, something, anything..

Is this standard equipment that any "Engineering Firm" would possess, which you could recognize at a glance, and which would verify that Ken possesses the physical tools needed to turn eASIC chips into something we can use for VMC/AMC purposes? If Ken can get a picture of these things without revealing the identity of the Engineering Firm (which it seems he does not want to reveal), we should press him on it. On the other hand, perhaps there is something else -- some other tool or physical component of this operation -- that we could agree upon which would satisfy shareholders. I have not had any problems with Ken's approach until the Intelihash thing. This is just something that I cannot verify for myself or understand in a straightforward manner and right now we lack a VBS to communicate the more technical end of things. We have reached the point where Ken is not performing the due diligence required to maintain trust.

This pic was plenty convincing for everyone here 'till now, what changed?

(Follow this link for extra lolz.)

http://s27.postimg.org/4o7wsnjxf/Capture.jpg

Honestly, crumbs, I'm not sure. At the time Ken was communicating with us a bit more frequently, we had proof of incoming chips, proof of a well-chosen facility to house our equipment, and a VBS able to speak confidently on the technical details and the feasibility of the operation given what we knew and the information we had access to. The eASIC press release scored major points with a lot of us. However, now we know the chips are late and it does not appear that any of us are able to piece together the Intelihash thing. It makes sense strategically for Ken to mums the word on the details, however it could also be a stall tactic allowing Ken some kind of exit. We are about to be on a new exchange and I don't want to see Ken selling off a bunch of his shares before giving us bad news.

[EDIT] I should clarify that I don't have any problems with Ken personally and am not raising the alarm on this being a scam (it makes more financial sense from Ken's perspective to legitimately see this through), but honestly that doesn't really matter. Scams can be invest-able too if you have a way to exit. We are in an interim period where, without a trading platform, we are not able act in any capacity and so the blind spots we have have become much more important.

[crumbs]

I'm not sure that much has changed since the time that self-appointed board of directors decided to walk out.  There was never any proof of the chips -- nothing was offered other than a press release from eAsic & "because NDA!"  There was some guy named Jason who went & took pictures of the depressing empty warehouse space with some old cases stacked in a corner, but other than that, what other proof of a mining facility did you get?  The Springfield bunker was never questioned or verified, afaik.  Some of the stuff was intentionally funny, like listing all of his relatives as the board of directors -- i once started a company under my dog's name.  I thought it was a bit of a stretch to lay out more than a hundred bucks on such skimpy evidence, but most everyone else in this thread was cool.  Nothing substantial has changed, everyone already knew the chips were botched.

[VolanicEruptor]

guys, Ken wants to keep everything a secret so that Cointerra doesn't get any hints on how to run a business:

https://bitcointalk.org/index.php?topic=359084.0

make sure cointerra stays away from Kens office, we wouldn't want to give away any vital information!

[iamnot_]

Here is proof that the chips are real, the offices are real and that the miners are being manufactured:
http://www.flickr.com/photos/98907028@N08/

This only tells us that Ken has rented an office, that he has access to power supplies and cases, and that he is registered to do business in Missouri. We need some criteria by which to judge whether the Intelihash software is bogus, and if it's not bogus that it is at least feasible. We need to confirm that customers are receiving "products" and determine that they contain eASIC chips within the range of specifications we were initially given.

I am willing to go to Missouri to meet with Ken this weekend if we can, together, come up with criteria that will satisfy all our blind spots and still maintain whatever level of "strategic silence" is justified.