Mabsark
Legendary
 Offline
Activity: 826
Merit: 1004
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January 02, 2014, 02:15:37 AM |
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Right. So given that this amount was raised completely in Q4 then we can multiple it by 4 for an accurate share value for the year: 0.00322248.
No, because we don't how much of that is profit and simply multiplying it by 4 would not be accurate. As the network hash rate increases, the profits would fall as the chips became less desirable. |
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toastee
Member
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Activity: 62
Merit: 10
to the moon, etc.
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January 02, 2014, 03:00:00 AM |
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Ken, thanks for the update but for shareholders this is simply not enough. We need to know when we can trade our shares on CT like you said. This is now way overdue. Please address this immediately.
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[16:41] <gecko_x2> stfu bitch
[16:41] <gecko_x2> i know more about the us SEC and the illuminati than you could ever dream of
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Vigil
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January 02, 2014, 03:05:38 AM |
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Because if you have been paying attention he has 250 TH on Eligius running rather consistently and being optimized.
You can't possibly be serious. This is just my feeble and desperate attempt to console my ever deepening fears that all is lost. |
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MilkyLep
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January 02, 2014, 03:16:53 AM |
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I think the points that auto has touched on below are beyond valid and warrant a response in the next update or even prior. There seems to be vast amounts of information we have been missing while waiting on weekly updates. Ken please give us a real update. Let's start with the following.
1. Crypto-Trade.com - Please give us a DATE of when we will start trading.
2. Miners - Please take several detailed PICTURES of the assembled miners.
3. Chips - Please give us a DATE as to when we will receive chips for final assembly.
4. Farm - Please give us a PROJECTION as to how much hashpower we will bring online and a DATE as to when this will happen.
Please give us details and a few paragraphs of ActiveMining's game plan for Q1 2014. Thanks.
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kleeck
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January 02, 2014, 03:49:42 AM |
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Right. So given that this amount was raised completely in Q4 then we can multiple it by 4 for an accurate share value for the year: 0.00322248.
No, because we don't how much of that is profit and simply multiplying it by 4 would not be accurate. As the network hash rate increases, the profits would fall as the chips became less desirable. Hence my "P.s." Your method for valuation is weak at best. Stick with "no chips = 0.00BTC/share newfagz!". It actually makes more sense. |
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Mabsark
Legendary
Offline
Activity: 826
Merit: 1004
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January 02, 2014, 03:52:47 AM |
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Right. So given that this amount was raised completely in Q4 then we can multiple it by 4 for an accurate share value for the year: 0.00322248.
No, because we don't how much of that is profit and simply multiplying it by 4 would not be accurate. As the network hash rate increases, the profits would fall as the chips became less desirable. Hence my "P.s." Your method for valuation is weak at best. Stick with "no chips = 0.00BTC/share newfagz!". It actually makes more sense. I didn't provide a method for valuation. |
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Ozymandias
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January 02, 2014, 05:06:19 AM |
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Bid depth down to below 20btc on CT
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drawingthesun
Legendary
Offline
Activity: 1176
Merit: 1015
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January 02, 2014, 05:21:47 AM |
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Bid depth down to below 20btc on CT
I really wish Ken would say something about the shares, why are we not allowed to trade. This loss of confidence is even eradicating the lowest bids  |
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Ozymandias
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January 02, 2014, 05:24:37 AM |
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Bid depth down to below 20btc on CT
This loss of confidence is even eradicating the lowest bids That's one theory; another is that someone didn't like having $80k on a small-time exchange. Once trading is imminent the 100btc will either reappear (if I'm correct) or continue to be absent (if you're correct) I'm personally not leaning either way, but will be interested in watching to see what happens. |
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Minor Miner
Legendary
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Activity: 2268
Merit: 1011
Be A Digital Miner
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January 02, 2014, 05:32:56 AM |
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Don't you guys even have a portal or a way to look at what your miners are producing? What miners do you own? Surely you have more than the 6 avalons the last time I checked in?
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Ozymandias
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January 02, 2014, 05:39:57 AM |
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Don't you guys even have a portal or a way to look at what your miners are producing? What miners do you own? Surely you have more than the 6 avalons the last time I checked in?
Now you're thinking with portals! Nope, we know nothing and out pulling speculation out of our collective asses. It's fun! |
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RickJamesBTC
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January 02, 2014, 05:40:30 AM |
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Miners?? What miners?
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lobbes
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January 02, 2014, 07:11:47 AM |
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Weekly Update 1/1/14
Happy New Year!
The new year looks bright for Active Mining as we continue to assemble our miners for quick delivery.
Not a lot of changes from last weeks update:
We are also continuing to develop our Intellihash program and with our 2013 sales at $6,311,788.33 we have a very good share of the market.
We have been working 100% on our core business.
ActiveMining-PR Staff
Please update us on our shares, Ken. I personally think we should wait for Colored Coin, but an update on plans would be great. +1 I appreciate the updates, Ken, but what is the status of us going live on Crypto-Trade? |
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wonker
Member
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Activity: 103
Merit: 10
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January 02, 2014, 07:36:36 AM |
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Ken please give us a real update. Let's start with the following.
1. Crypto-Trade.com - Please give us a DATE of when we will start trading.
2. Miners - Please take several detailed PICTURES of the assembled miners.
3. Chips - Please give us a DATE as to when we will receive chips for final assembly.
4. Farm - Please give us a PROJECTION as to how much hashpower we will bring online and a DATE as to when this will happen.
Please give us details and a few paragraphs of ActiveMining's game plan for Q1 2014. Thanks.
+1 |
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Subcide
Member
Offline
Activity: 70
Merit: 10
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January 02, 2014, 07:55:51 AM |
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"Soon" then "sorry for the delay" then two whole weeks of silence. Soon = days, not months. Give us an estimated trading date please Ken, this is getting stupid.
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VinceSamios
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January 02, 2014, 08:17:46 AM |
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For goodness sake children - did you really expect a change between christmas and new years day? Even if ken is working, nobody else is.
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Subcide
Member
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Activity: 70
Merit: 10
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January 02, 2014, 10:19:08 AM |
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No, but as there's zero communication outside of the wednesday updates (and clearly time for Ken to give that update) an update on the delay from 2 weeks ago would have been appreciated. Any time off holidays, whatever, is fine, and shouldn't stop a time estimate for the remaining work being communicated. Just needs to be rough "Within the next 2 weeks" or something, not "Soon" again.
Not trying to stir up shit or start another troll-fest, just a shareholder requesting information.
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VinceSamios
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January 02, 2014, 10:34:42 AM |
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No, but as there's zero communication outside of the wednesday updates (and clearly time for Ken to give that update) an update on the delay from 2 weeks ago would have been appreciated. Any time off holidays, whatever, is fine, and shouldn't stop a time estimate for the remaining work being communicated. Just needs to be rough "Within the next 2 weeks" or something, not "Soon" again.
Not trying to stir up shit or start another troll-fest, just a shareholder requesting information.
You wouldn't survive in the world of normal shares, where talking to the CEO is impossible, and your only info is quarterly (extremely vague) reports and the occasional press release. We will get chips We will get miners We will get orders We will get news Chillax ffs. |
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Subcide
Member
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Activity: 70
Merit: 10
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January 02, 2014, 11:12:47 AM |
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No need to talk down to me by the way, this isn't personal.
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