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Author Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]  (Read 770782 times)
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VinceSamios
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January 21, 2014, 05:10:07 PM
 #7961

I, for one, am looking forward to an update. Roll on tomorrow.

The Happy Clappy Bitcoin Chappy - http://twitter.com/vincesamios
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toastee
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to the moon, etc.


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January 21, 2014, 06:07:14 PM
 #7962

Hey,
just a small question:
what about the AMC-Tender shares from BF, do anybody know when they will be transferd?
 what about the dividends?

regards

Hey BF,

Ken is working on getting us listed on the new exchange Crypto-Trade over the next short while and has stated that this has become his new priority.

Look out for weekly announcements from Ken on Wednesdays at 2345hrs GMT, starting tomorrow night.

An account will be created automatically for you on Crypto-Trade and you will receive an email at the address you used for Bitfunder.

Colored Coins/ Chroma Wallet is to be a trading platform as well once it becomes viable.  You may be asked to choose one over the other in the near future so read up on the pros and cons of both options.

thank you for still being helpful - not all shareholders have the patience to follow this shit every day. kudos

[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
Mabsark
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January 21, 2014, 06:33:02 PM
 #7963

Zum don't forget the predictions on CryptoTrade. VMC expects to sell 40Mill USD of chips in 2014. That is just chips, not machines or miners, just straight out of the Fab chips. They might be shipped direct to customers? Or maybe first to VMC before being sent onwards. But if the speed of production is in terms of days or a few weeks we could become a serious chip supplier to the industry.

Does anyone know if the chips can be put on any board or will the chip buyers also need to buy our custom boards too?

Ken also expected to have miners and be trading in 2013. Ken's expectations should be taken with a mountain of salt.
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January 21, 2014, 07:07:36 PM
 #7964

Indeed, but these new forecasts on CT have been made after the delays in chip production were taken into account. So it's a valid company forecast assuming chips are now on the way.
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January 21, 2014, 07:30:20 PM
 #7965

Indeed, but these new forecasts on CT have been made after the delays in chip production were taken into account. So it's a valid company forecast assuming chips are now on the way.
yes it is just as valid as saying ActM started shipping product last year...
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January 21, 2014, 08:36:07 PM
 #7966

Not aiming this at anyone in particular but there are so many negative people on here  - are you all clinically depressed?

The one thing that's surprised me about my time on this forum is how down beat so many people can be. I thought Americans in particular were upbeat/can-do kind of people who saw opportunity where the rest don't and think big. But it's the Brits on here who are doing all the rabble-rousing and trying to keep everyone positive. Me, zum, Vince, Stu...

Come on guys, think big or go home. That's the type of attitude that's made your country the powerhouse and economic success it has been.

I don't think the negativity on here is either justified or helpful. An old skool businessman doing his damndest to create a success and all you kids can do is moan. America wouldn't be the country it is without guys like Ken. He's been running businesses his whole life and he's still working like a dog. Yet the XBox generation want everything now and if they don't get it they fold and give up hope. I don't get it. It's no surprise that your position is being supplanted by Asia where they still think anything is possible.
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January 21, 2014, 09:09:43 PM
 #7967

No one on here is depressed. We all want ACTM to succeed. I am willing to do anything in my power to help this goal come to fruition. This means that someone needs to play devil's advocate for every update; for everything Ken says. You guys have already decided to take it as it is so some of us need to take it with a grain of salt. Some of us need to tear through and dissect everything he says and everything that is posted on this forum so that we are all getting the most objective picture possible about the company at any one time. With the lack of communication (I love the wednesday updates, I was definitely super excited about those, but they do lack any definitive information which kind of defeats the point of them.) we need to even dissect the speculation and the rumors that pop up so that they don't spiral out of control like they have before.
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January 21, 2014, 09:31:27 PM
 #7968

Not aiming this at anyone in particular but there are so many negative people on here  - are you all clinically depressed?

The one thing that's surprised me about my time on this forum is how down beat so many people can be. I thought Americans in particular were upbeat/can-do kind of people who saw opportunity where the rest don't and think big. But it's the Brits on here who are doing all the rabble-rousing and trying to keep everyone positive. Me, zum, Vince, Stu...
...

Americans do see opportunities where others see none.
Where others saw nothing but ignorance and greed, Ken spotted free money for himself and his kinfolk.
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January 21, 2014, 09:41:21 PM
 #7969

I think most just sugar coat this security
in order to speed up the process of getting their shares traded
so they can get out of this misery LOL
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January 21, 2014, 09:42:53 PM
 #7970

@Ffss Thank you, so this intelihash has been sucking time away from our main goals since back when you guys were around?

I'm sorry but that is not playing devils advocate. It's negative supposition based on not much.

Ken has said Intelihash could bring us a lot of business if it makes our chips more productive over their life-time than our competitors chips. You are down on this for no good reason as far as I can see.
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January 21, 2014, 09:58:11 PM
 #7971

Americans do see opportunities where others see none.
Where others saw nothing but ignorance and greed, Ken spotted free money for himself and his kinfolk.

Look VE or crumbs or whatever sock puppet you are, could you just GTFO? You are not influencing anyone.
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January 21, 2014, 10:42:33 PM
 #7972

Nice early update!

Quote
PRESS RELEASE

Springfield, MO and Santa Jose, CA – January 21, 2014 – Active Mining Corporation (Belize) (AMC) a bitcoin Mining and Hardware Manufacture, and  People's ASIC a stealth Silicon Valley startup founded by two veteran engineers is proud to announce today the tape-out of their 55 nm UMC Bitcoin Mining ASIC.  The ASIC features SHA256 optimizations according to a scientific paper by Dadda et al.

Simultaneously, AMC has acquired the Intellectual Property (Verilog code, test bench, GDS-II data, etc. for the 55nm UMC Bitcoin Mining ASIC.  Delivery of chips is expected in Q2/2014.  Also, AMC will use the same design team and code which successfully taped out the 55 nm on AMC's eASIC's 28 nm.  EASIC's 28 nm development has been upgraded to a full custom 28 nm.

https://bitcointalk.org/index.php?topic=297543.msg4652211#msg4652211
JoTheKhan
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January 21, 2014, 10:43:37 PM
 #7973

PRESS RELEASE

Springfield, MO and Santa Jose, CA – January 21, 2014 – Active Mining Corporation (Belize) (AMC) a bitcoin Mining and Hardware Manufacture, and  People's ASIC a stealth Silicon Valley startup founded by two veteran engineers is proud to announce today the tape-out of their 55 nm UMC Bitcoin Mining ASIC.  The ASIC features SHA256 optimizations according to a scientific paper by Dadda et al.

Simultaneously, AMC has acquired the Intellectual Property (Verilog code, test bench, GDS-II data, etc. for the 55nm UMC Bitcoin Mining ASIC.  Delivery of chips is expected in Q2/2014.  Also, AMC will use the same design team and code which successfully taped out the 55 nm on AMC's eASIC's 28 nm.  EASIC's 28 nm development has been upgraded to a full custom 28 nm.


Soo.. Q2/2014. Guess AM will beat us to the market? Thank you for the Press Release.

A couple questions/concerns.
  • Does this count as the wednesday update? Or an we expect some information about CT operations, So 55nm Asic will be our first batch and then starting at Q2 onwards we will start working on a 28nm Asic? Or are we turning a 55nm Asic into a 28nm Asic? Can someone explain this in more laymanish terms.
  • At the point of Tapeout is it expected to know what the Gh/Power Consumption will be? Can we expect Ken to know this right now?
  • I'm not sure if this is good news or bad. I call on Kleeck to help me understand this.  Undecided
Bitdust
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January 21, 2014, 10:50:15 PM
 #7974

Nice early update!

Quote
PRESS RELEASE

Springfield, MO and Santa Jose, CA – January 21, 2014 – Active Mining Corporation (Belize) (AMC) a bitcoin Mining and Hardware Manufacture, and  People's ASIC a stealth Silicon Valley startup founded by two veteran engineers is proud to announce today the tape-out of their 55 nm UMC Bitcoin Mining ASIC.  The ASIC features SHA256 optimizations according to a scientific paper by Dadda et al.

Simultaneously, AMC has acquired the Intellectual Property (Verilog code, test bench, GDS-II data, etc. for the 55nm UMC Bitcoin Mining ASIC.  Delivery of chips is expected in Q2/2014.  Also, AMC will use the same design team and code which successfully taped out the 55 nm on AMC's eASIC's 28 nm.  EASIC's 28 nm development has been upgraded to a full custom 28 nm.

https://bitcointalk.org/index.php?topic=297543.msg4652211#msg4652211

Lol, Ken teams up with a "stealth startup" to put out a 55nm ASIC in Q2?  Can shit get any lulzier?
minerpart
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January 21, 2014, 10:51:11 PM
 #7975

EASIC's 28 nm development has been upgraded to a full custom 28 nm.


PARTY TIME!!!!


 Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley
kslaughter (OP)
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January 21, 2014, 10:55:11 PM
 #7976

Weekly Update 1/21/14

Edit: Getting trading up and running is now my number one mission.
JoTheKhan
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January 21, 2014, 10:58:37 PM
 #7977

EASIC's 28 nm development has been upgraded to a full custom 28 nm.


PARTY TIME!!!!


 Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley Smiley

Get paid before you play. Not party time yet my friend.
minerpart
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January 21, 2014, 11:00:00 PM
 #7978

Ken when you say the eASIC chip is going full custom do you mean we will be using the easicopy process?
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January 21, 2014, 11:02:25 PM
 #7979

Ken when you say the eASIC chip is going full custom do you mean we will be using the easicopy process?

No, it will be a full custom just like the other ASIC manufactures.
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January 21, 2014, 11:03:36 PM
 #7980

PRESS RELEASE

Springfield, MO and Santa Jose, CA – January 21, 2014 – Active Mining Corporation (Belize) (AMC) a bitcoin Mining and Hardware Manufacture, and  People's ASIC a stealth Silicon Valley startup founded by two veteran engineers is proud to announce today the tape-out of their 55 nm UMC Bitcoin Mining ASIC.  The ASIC features SHA256 optimizations according to a scientific paper by Dadda et al.

Simultaneously, AMC has acquired the Intellectual Property (Verilog code, test bench, GDS-II data, etc. for the 55nm UMC Bitcoin Mining ASIC.  Delivery of chips is expected in Q2/2014.  Also, AMC will use the same design team and code which successfully taped out the 55 nm on AMC's eASIC's 28 nm.  EASIC's 28 nm development has been upgraded to a full custom 28 nm.


Soo.. Q2/2014. Guess AM will beat us to the market? Thank you for the Press Release.

A couple questions/concerns.
  • Does this count as the wednesday update? Or an we expect some information about CT operations, So 55nm Asic will be our first batch and then starting at Q2 onwards we will start working on a 28nm Asic? Or are we turning a 55nm Asic into a 28nm Asic? Can someone explain this in more laymanish terms.
  • At the point of Tapeout is it expected to know what the Gh/Power Consumption will be? Can we expect Ken to know this right now?
  • I'm not sure if this is good news or bad. I call on Kleeck to help me understand this.  Undecided


11mm X 11m package, 1.9 GH/s and 2.5 watts.
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