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

[NickDanger]

The orders made now are shipping in a few months. That doesn't mean shipping will not start for three months it means there is a backlog of orders built up. It means our sales have outstripped our production capacity (for retail machines) which equates to a great sales success.

http://yourbrandlive.com/assets//images/blog/great_success_brandlive.png

Also we only needed one or two machines to take 1% of hash three months ago so the subsequent difficulty increase is not as big a deal as you make out.

First, the orders made now are not shipping for over three months.
Second, the [nonexistent] 24TH machine is a single machine in name only.  It's racks stuffed with cases stuffed with what, thus far, is badly photoshopped graphics cards.  Making that much gear with three Harbor Freight workbenches, a Leatherman and a couple of Slaughters is kinda tough.

Third, math is math, and a 4 month delay translates to more than 700% difficulty increase.  Cutting the company worth seven-fold.  That's either a lot or a little, you decide.

[Ozymandias]

I'm glad to see newbies expressing interest in ActM and VMC!

[drawingthesun]

I'm glad to see newbies expressing interest in ActM and VMC!

To be honest, I would prefer newbies to only get interested once the company proves itself and I say that as a top 20 shareholder.

The last thing we need is another round of inexperienced investors/buyers getting involved in ActM and being burnt.

The reason?

Because they will kick and shout loudly once another delay happens, causing more damage to our reputation.

I would prefer interest only to pick up after Ken ships eASIC miners and gets our mining farm well north of 100TH/s.

I would prefer the discussion and speculation to remain grounded in reality.

[Ozymandias]

I'm glad to see newbies expressing interest in ActM and VMC!

To be honest, I would prefer newbies to only get interested once the company proves itself and I say that as a top 20 shareholder.

The last thing we need is another round of inexperienced investors/buyers getting involved in ActM and being burnt.

The reason?

Because they will kick and shout loudly once another delay happens, causing more damage to our reputation.

I would prefer interest only to pick up after Ken ships eASIC miners and gets our mining farm well north of 100TH/s.

I would prefer the discussion and speculation to remain grounded in reality.

I would prefer a solid gold toilet seat to my ceramic one. Preferences unfortunately mean nothing right now (as much as I wish they did). As for getting burned investing in ActM, good news! Our shares aren't tradeable so the only one's getting 'burned' in this particular instance at this particular moment are us.

Any endorsements I make at this point are more tongue in cheek than serious. I don't know about you but dark humor helps me cope with helplessness (if I recall, bipolar swinging between manic optimism and suicidal pessimism is your way of coping). Remember, I don't have that many fewer shares than you so dropping top X shareholder numbers means nothing to me.

I may sound like a dick right now, but I really don't have anything against you. May we both beat the odds and prosper 

[wasubii]

I'm glad to see newbies expressing interest in ActM and VMC!

snip

snip

Any endorsements I make at this point are more tongue in cheek than serious. I don't know about you but dark humor helps me cope with helplessness (if I recall, bipolar swinging between manic optimism and suicidal pessimism is your way of coping).

snip

And the rest of the peeps on this crazy thread!

+1

[babybonobo]

[MilkyLep]

Now you should ask when orders placed in the past 2-3 months will ship...

[aquarius]

Now you should ask when orders placed in the past 2-3 months will ship...

this

[thefunkybits]

Now you should ask when orders placed in the past 2-3 months will ship...

this

This customer has apparently received their hardware and they have a decent forum rep

https://bitcointalk.org/index.php?topic=206488.msg4010565#msg4010565

[sparky999]

Now you should ask when orders placed in the past 2-3 months will ship...

Ken has already stated that there is approx a 2month pre-order queue, if the current schedule is 28th Feb - 20th March then we will have full scale eAsic production within the next 2 weeks.

[funkymunky]

I know I am clutching at straws but this has just been declared by wizkid057 the Eligius operator that this is not Hashfast https://bitcointalk.org/index.php?topic=386532.msg4208871#msg4208871

This "has" to be an ASIC manufacturer surely due to the massive increases - it's now at ~225 Th/s in the space of days.

One of the more educated and recent timeline predictions points to 24th December for Normal volume chip production starting.
Could these be the product of a new Low-volume chip production run?

I am definitely open to more educated and knowledgeable suggestions.

I posted this the other day, however with all the white noise on here it glossed over.

Does anyone have any comments or opinions on this?
The dates seem to fit quite nicely with our speculated timeline.

It's shot up from ~9Th/s on the 24Dec13 to ~162 Th/s as of today.

Sorry for going out on a limb here and probably being over-optimistic but....

Is there anyway that this could be ActiveMining testing equipment?
http://eligius.st/~wizkid057/newstats/userstats.php/1Nbq2XZaRsKknf5fcT2wTXvBS31PaUWSeX

Or on the flip side

Is there any definitive proof that it is impossible for this to be an ActM farm?
(And no, I don't want to hear that it can't be ActM because it's a scam etc...)

On this thread https://bitcointalk.org/index.php?topic=386532.0 people were speculating it could belong to HashFast... who knows?

[Vigil]

Couldn't Active Mining been VMC's first customer, thus receiving the first "shipped" units?

[sparky999]

Couldn't Active Mining been VMC's first customer, thus receiving the first "shipped" units?

Ken has said at least 50% of the production capabilities will beused to make miners for ActM

[stenkross]

Couldn't Active Mining been VMC's first customer, thus receiving the first "shipped" units?

How many chips does low-volume production produce?
Is it even theoretical possible for this to be ActM?

[sparky999]

Couldn't Active Mining been VMC's first customer, thus receiving the first "shipped" units?

How many chips does low-volume production produce?
Is it even theoretical possible for this to be ActM?

theoretically possible, yes, but def not likely at this point.

[DoloresMaze]

Couldn't Active Mining been VMC's first customer, thus receiving the first "shipped" units?

How many chips does low-volume production produce?
Is it even theoretical possible for this to be ActM?

Yes, because Intellihash.
Intellihash makes everything 20% Cooler each time you use it, like so:

Code:

(FastHash)^IntelliHash = 120% hashrate.
((FastHash)^IntelliHash)^IntelliHash = MoarHash

As soon as Ken tweaks the tunnel diodes so that they edge-trigger and don't overflow the clock buffer (in about two weeks), the money will roll right in.

*The prototype ran fine, but Ken decided to update the web API on the ASICs to HTML5, so that's why the chips are a little late.

[Vigil]

225 TH/s is a nice, even 9x24.567 TH Fast-Hash One Platinum miners.

It goes from 65 TH (roughly 3x24.5 TH - could have been working out some bugs, bad chips, or hardware build issues), to 100 TH (roughly 4x24.5 TH), to 150 TH (roughly 6x24.5 TH), to 225 TH (roughly 9x24.5 Th)...

Whoever is mining is operating at roughly 2.25% of the global Bitcoin hash rate.

[Bargraphics]

225 TH/s is a nice, even 9x24.567 TH Fast-Hash One Platinum miners.

It goes from 65 TH (roughly 3x24.5 TH - could have been working out some bugs, bad chips, or hardware build issues), to 100 TH (roughly 4x24.5 TH), to 150 TH (roughly 6x24.5 TH), to 225 TH (roughly 9x24.5 Th)...

Whoever is mining is operating at roughly 2.25% of the global Bitcoin hash rate.

It's not ActM. I know this for a fact, as much as I would rather it be them.

[Vigil]

225 TH/s is a nice, even 9x24.567 TH Fast-Hash One Platinum miners.

It goes from 65 TH (roughly 3x24.5 TH - could have been working out some bugs, bad chips, or hardware build issues), to 100 TH (roughly 4x24.5 TH), to 150 TH (roughly 6x24.5 TH), to 225 TH (roughly 9x24.5 Th)...

Whoever is mining is operating at roughly 2.25% of the global Bitcoin hash rate.

It's not ActM. I know this for a fact, as much as I would rather it be them.

Do you know who it is? Whoever it is is mining on your pool - the one you suggested Ken mine on.

They are adding in increments divisible by 25 TH.

[Bargraphics]

225 TH/s is a nice, even 9x24.567 TH Fast-Hash One Platinum miners.

It goes from 65 TH (roughly 3x24.5 TH - could have been working out some bugs, bad chips, or hardware build issues), to 100 TH (roughly 4x24.5 TH), to 150 TH (roughly 6x24.5 TH), to 225 TH (roughly 9x24.5 Th)...

Whoever is mining is operating at roughly 2.25% of the global Bitcoin hash rate.

It's not ActM. I know this for a fact, as much as I would rather it be them.

Do you know who it is? Whoever it is is mining on your pool - the one you suggested Ken mine on.

They are adding in increments divisible by 25 TH.

It's not "my" pool but yes I do mine there

I also do know who it is.