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Author Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]  (Read 771278 times)
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wonker
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January 20, 2014, 04:44:41 PM
 #7801

June 2015??  Are you nuts?  It will take at LEAST 3 years from seeing a chip.  And that's even with SuperMagnoIntelllicopters .. er... "intellihash"

Can you stop posting stupid.

Ignore helps...
keepinithamsta
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January 20, 2014, 04:49:08 PM
 #7802

Well You will be wrong On that Prediction





Since I know when the Next batch of Chips Will arrive, And the total Speed of that chip Batch :-)

But I will Let Ken Announce it


I am Under an agreement not to announce it


But to Prove I know it I will send it to Myself in a Email Which When it is announced I will Gladly Forword it so that it shows the Date and everything posted today

I'll sign an NDA to abide by your NDA and the NDA of your NDA and the NDA above that for access to the information.  NDA's all the way down.
Edser
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January 20, 2014, 06:35:17 PM
 #7803

If you believe any of the supporters and people 'in the know' in here, you are just lying to yourself and stroking egos.
No start up should ever be so vague, especially with shareholders. Good luck on getting those shares btw.
Will be interesting if they release a product by Q2.

quote defcoin ==== LOL... oh no, the coin is dead cause $DEV doesn't live on BCT! When will you people learn that everything on here is completely irrelevant next to useless. Devs need to stop using it all together, only then can crypto begin to flourish. It's such a shame that people consider this shit hole to be the pinnacle of information when it comes to developments. I don't blame $DEV for not coming on here, and frankly I am embarrassed that I even check BCT myself.
VinceSamios
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January 20, 2014, 06:49:32 PM
 #7804

This weeks questions for Ken - please PM me if you would like to add to the list.

Questions:

Have you had any sample chips at any point? If so, did they work?

 Huh When are sample chips expected? Sample, low volume and normal production estimate dates?

 Huh How long do you expect board design and production to take?

 Huh In your progress report of November 30th 2013 you stated "We have this last week shipped our first products to customers." - What product was shipped?

What reason caused the change of plans and alteration of schedule? Were your initial timeline commitments too optimistic or was there a catastrophic failure? (if so, what?)

If you are still at the design phase now, what have you been doing for the last 6-8 months?

Are you in a position to be able to refund your customers every penny or have you spent some of the pre-order money? (Partially answered by Bargraphics trip report)

Is preorder money converted to BTC or kept as fiat?

Up until a week or so ago, Ken was telling people if they ordered TODAY they would receive a miner in feb/march - Is this still the case?

 Huh Ken mentioned additional hashrate came online in November, what machines were those?

When was the new engineering firm engaged?

Can you give us a rough timeline of the full design and creation process, where we were set back, and what part of the process flow we are looping back over now.

Is there a problem with eASIC's 28nm process?

Did we face delays because Intellihash is being incorporated or is it because the boards weren't designed properly to begin with?

Who exactly is the Engineering Firm that was hired, and how long ago did this hiring take place?

Can you summarise your meetings with eASIC and the PCB engineers?

Those are all retarded questions in my opinion.

Well they were created by the people on this forum, so I guess you're saying the people on this forum are retarded?

The Happy Clappy Bitcoin Chappy - http://twitter.com/vincesamios
tom.hashemi
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January 20, 2014, 07:07:39 PM
 #7805

Well they were created by the people on this forum, so I guess you're saying the people on this forum are retarded?

Based on this thread...
VinceSamios
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January 20, 2014, 07:45:19 PM
 #7806

Well You will be wrong On that Prediction





Since I know when the Next batch of Chips Will arrive, And the total Speed of that chip Batch :-)

But I will Let Ken Announce it


I am Under an agreement not to announce it


But to Prove I know it I will send it to Myself in a Email Which When it is announced I will Gladly Forword it so that it shows the Date and everything posted today

https://bitcointalk.org/index.php?topic=299805.msg3213320#msg3213320

This dude is confused as fuck.  hashfast... fasthash... I think Ken should exercise his intellectual property rights nowish - hashfast have money to take (and chips, we could use chips).

The Happy Clappy Bitcoin Chappy - http://twitter.com/vincesamios
knybe
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January 20, 2014, 08:32:17 PM
 #7807

Ummm VirtualMining.com On CryptoStocks is Not VMC

It is the Site VirtualMining.com

Which is a totally Different Company and Site


just as HashFast is a completely different company than the VMC product Fast-Hash.
minerpart
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January 20, 2014, 08:39:14 PM
 #7808

Ummm VirtualMining.com On CryptoStocks is Not VMC

It is the Site VirtualMining.com

Which is a totally Different Company and Site


just as HashFast is a completely different company than the VMC product Fast-Hash.

Yes, and Ken is not the same guy from the well-know duo Barbie and Ken.

Is he?
knybe
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January 20, 2014, 09:02:40 PM
 #7809

Ummm VirtualMining.com On CryptoStocks is Not VMC

It is the Site VirtualMining.com

Which is a totally Different Company and Site


just as HashFast is a completely different company than the VMC product Fast-Hash.

Yes, and Ken is not the same guy from the well-know duo Barbie and Ken.

Is he?

hmmm...




sorry I know it's "crumbsy" of me… but I couldn't resist…
VinceSamios
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January 20, 2014, 09:13:22 PM
 #7810

sorry I know it's "crumbsy" of me… but I couldn't resist…

In this circumstance, for the lols, I think you should be forgiven.

btw - go to http://www.uspto.gov/, click on the "search" menu and then "trademarks" and search for "Fast-Hash" - yup, 10 month old trademark. 2 months later http://www.whois.com/whois/hashfast.com was registered.

Edit: Although the filing date is Sep 6th, "FIRST USE IN COMMERCE: 20130324"

The Happy Clappy Bitcoin Chappy - http://twitter.com/vincesamios
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January 20, 2014, 09:23:36 PM
 #7811





sorry I know it's "crumbsy" of me… but I couldn't resist…

lol yes but it's not disrespectful.

From wiki:

'Ken had a fantastically fashionable line of clothing and accessories. Since his debut, Ken has held at least forty occupations.'

I think he's one and the same.
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January 20, 2014, 10:48:18 PM
 #7812

Hi All,

Unlucky for me but luckily for you my flight was cancelled and I had to find one that leaves a little bit later giving me extra time at the airport to write this.

There will only be one picture as I was requested to not take pictures. Although as I stated before I did see in the back and it looks like a warehouse that has some Avalons running and the workbenches as you have seen in the picture. The front end looks like a typical office and you've already seen pictures of that as well.



I'll be quickly going through some questions with answers.

Q. What was delivered?
A. No Miners were delivered, he made no such statements about miners being delivered, and it was simply products which he didn't disclose to me.

Q. Refunds
A. They have received refunds and have been giving out refunds as they are requested. They are still very good financially and have no concerns about mass refunds.

Q. What went wrong with the RTL?
A. I didn't get a direct answer with this other than delays were made to make better decisions about what direction the company would take due to competition and bitcoin price.

Q. Anything regarding eASIC
A. NDA but more information should be coming via updates soon.

Q. Anything regarding Intellihash
A. Can't say just yet.

Q. Engineering Firms
A. They replaced the old engineering firm roughly a month ago and would not disclose the name of the new company.

Q. Shares
A. Will likely do CT asap and then colored coins in the future once it is more mature.


Obviously nothing in the above are direct quotes including the questions, I just summarized to simply give the meat of the meeting.


Observations/Opinions:

Ken was very well spoken and definitely knew what he was talking about. He seemed genuine in really wanting to make this business a success and share that success with the shareholders. There were a lot of "new developments" that have recently happened and he was excited to let everyone know as soon as he could what those were.

Again he definitely invites and potential customer or shareholder to come meet with him, just don't barge in but instead simply request a meeting.

I can say without a doubt that he is nothing like the trolls here are portraying him to be.

Personally, I'm 100% chance this is not in any way a scam (This loosely thrown around word) and at the very least this is someone trying to make a business successful in any way he can with some major hiccups and setbacks.

The feeling in the air was that the next few weekly updates will likely be very good for shareholders.

Oh and VE is pretty crazy (You really need to see a Doctor man)

Edit: I'm about to get on a plane so I'll be out of contact until tomorrow at the earliest. If you ask me any questions about the Q & A in the above you will likely get the same answer that is given in the A. There's nothing else to really say about those. I fully expect to see this buried by at least 2 pages by the time I look back at this thread, have fun!
shrodes
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January 20, 2014, 10:58:36 PM
 #7813

Well that didn't reveal anything. But to be expected I guess. If the vibe is good, then hopefully the next few weeks will reveal more.
JoTheKhan
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January 20, 2014, 11:02:39 PM
 #7814

@Bargraphics
Thank you for taking the time to do your visit.

@Everyone
This update contained no substantial information, imho. NDA on the important stuff. No miners shipping in November; at least some light has been shed on that. Intelihash still is just a word since we don't really understand anything about it. We're doing CT so thats a +1 for me. As I do not trust CC yet, though I am very excited about CC don't get me wrong. We knew the company had money and was doing refunds so that was nothing gained. All in all, it was what I expected I suppose.

Welp, November was a whirlwind of ups and downs, December was a big let down, January was the bottom of the barrel, lets hope February gives us some ground.
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January 20, 2014, 11:03:08 PM
 #7815

No, you can't really expect anything huge from a meeting like this except certain-confirmation of what we already know.  

But I'm pleased to hear yet again from someone who has actually met Ken that he comes across well and shows he knows what he's doing.

Thanks Bar.
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January 20, 2014, 11:04:29 PM
 #7816

Oh my god I can't stop laughing!  LOL.  That was an entertaining read!  You could have just read all of Kens weekly news updates to deliver us that bullshit.  Thanks for nothin! 
NDA bitch! lol

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January 20, 2014, 11:06:00 PM
 #7817

he even took the same picture of the SAME door we have already seen!  Except this one doesn't even have anyone beside it!  FUNNIEST shit ever!  LOL

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January 20, 2014, 11:18:49 PM
 #7818

Thanks Bar, pretty much what I expected.  VE, you are still a sad human being. hahah..
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January 20, 2014, 11:27:04 PM
 #7819

Thanks Bargraphics.  Smiley

https://mybitcoin.garden
Bitcoin game where you can earn up to 220% on each planted garden!
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January 20, 2014, 11:35:16 PM
 #7820

So, what is the big deal about taking a picture of the "warehouse"?

If it is just the same shit from a few different angles, what is the big deal with taking a few more pics?

Only two reasons to justify this... either there is nothing in there or there is something in there that Ken & Co. doesn't want us to see. How anyone could think differently than that, I don't know.
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