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

[Jasun7211]

Great article that summed up the vibe of the last day of the Miami conference.  People seemed to still only like litecoin because its bitcoins handicapped little brother that we all feel sorry for, although worldcoin and others are better now.  Colored coins were met with a little more than luke warm reception, but etheryum was what got everyone panties in a bunch.    So idk if CC will be a ciabke option for our shares when the time is right to switch to decentralized shares.   Crazy I was just talking to Charlie Shreem yesterday, and now this.  This is nuts.  There are so many good things comming.  Bitcoin cell service starts tomorrow, a bitcoin school in Wynwood Miami, even a bitcoin mardigras in Mobile Bay.  Anyone is SoBe thar wants to meet up and chat ill be  shoot a message. The girls don't come out for another few hours anyway.  But there are a shit ton of amazing talented people in our community.

http://www.wired.com/wiredenterprise/2014/01/ethereum/

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[Vigil]

Lead miner at Eligius is at 500 TH/s. The mining rigs that this entity has are the sloppiest miners around, completely unable to remain stable, but they work.

http://eligius.st/~wizkid057/newstats/userstats.php/1Nbq2XZaRsKknf5fcT2wTXvBS31PaUWSeX

I would guess this is Luke Jr.'s rig(s)

What rigs does he use? They must be beta versions.

[coinfresh]

Great article that summed up the vibe of the last day of the Miami conference.  People seemed to still only like litecoin because its bitcoins handicapped little brother that we all feel sorry for, although worldcoin and others are better now.  Colored coins were met with a little more than luke warm reception, but etheryum was what got everyone panties in a bunch.    So idk if CC will be a ciabke option for our shares when the time is right to switch to decentralized shares.   Crazy I was just talking to Charlie Shreem yesterday, and now this.  This is nuts.  There are so many good things comming.  Bitcoin cell service starts tomorrow, a bitcoin school in Wynwood Miami, even a bitcoin mardigras in Mobile Bay.  Anyone is SoBe thar wants to meet up and chat ill be  shoot a message. The girls don't come out for another few hours anyway.  But there are a shit ton of amazing talented people in our community.

http://www.wired.com/wiredenterprise/2014/01/ethereum/

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Sounds like an awesome time Jasun7211. Thanks for sharing.

[kleeck]

Interesting CoinTerra update via Reddit post: http://www.reddit.com/r/BitcoinMining/comments/1waoos/cointerra_hot_air_update_engineering_and/

TL;DR CoinTerra is having problems.

[SebastianJu]

Damn... so i thought i will finally be able to trade shares and then Ken comes up with the idea he has to get 106 Bitcoins from ukyo's shares. Judging from the time these shares are bought it will take ages until Ken has his money. Till then it doesnt make sense letting us trade because that instantly would stop his ability to sell these shares at 0.01BTC. Great Situation.

[Vigil]

It will take years to get 106 BTC from those shares on CT.

[thefunkybits]

It will take years to get 106 BTC from those shares on CT.

Not after we tapeout our 28nm and the 55nm chips start rolling in...

[Vigil]

It will take years to get 106 BTC from those shares on CT.

Not after we tapeout our 28nm and the 55nm chips start rolling in...

If that happens, then yes. I was referring to the current volume.

[zumzero]

It will take years to get 106 BTC from those shares on CT.

No it won't, and no matter how many times you post this you will still be wrong.

Ken could drop the price to raise the 106 btc. 

The share value could climb to 0.01 and the shares would sell.

The volume on CT will increase when ActM shareholders are able to trade.

[Vigil]

It will take years to get 106 BTC from those shares on CT.

No it won't, and no matter how many times you post this you will still be wrong.

Ken could drop the price to raise the 106 btc. 

The share value could climb to 0.01 and the shares would sell.

The volume on CT will increase when ActM shareholders are able to trade.

Forget it, I don't even care.

[mainline]

Hiya!

I hope you guys don't have your hearts set on trading any time soon.  Ken didn't promise you that you'll be trading within a week the last time he broke radio silence.
No.
He promised that he'll *START* moving your shares in a week,
Ken is a perfectionist.  Can't rush perfection.  No telling when he'll be finished

We are selling Ukyo shares on Crypto-Trade to recover our losses on Bitfunder.

We will start moving Investors shares to Crypto-Trade within the next 7 days.

That silver-tongued devil!

[gogxmagog]

Lead miner at Eligius is at 500 TH/s. The mining rigs that this entity has are the sloppiest miners around, completely unable to remain stable, but they work.

http://eligius.st/~wizkid057/newstats/userstats.php/1Nbq2XZaRsKknf5fcT2wTXvBS31PaUWSeX

I would guess this is Luke Jr.'s rig(s)

What rigs does he use? They must be beta versions.

yeah, I know he got one of the first BFL ones and avalon too, but he's deep into tech and a very early adopter if not one of the original satoshi mailing list guys, so he must have homemade ones from the old days and whatnot. I'd be curious to see his lab. prolly a real mad scientist sort of thing going on.
I'm veering off-topic, so... that is all.

[zumzero]

It will take years to get 106 BTC from those shares on CT.

No it won't, and no matter how many times you post this you will still be wrong.

Ken could drop the price to raise the 106 btc. 

The share value could climb to 0.01 and the shares would sell.

The volume on CT will increase when ActM shareholders are able to trade.

Forget it, I don't even care.

Roger that.

[damiano]

Interesting CoinTerra update via Reddit post: http://www.reddit.com/r/BitcoinMining/comments/1waoos/cointerra_hot_air_update_engineering_and/

TL;DR CoinTerra is having problems.

Underperforming units with 20% increased power draw is pretty shitty

[VinceSamios]

Cointerra is over 1w/GH - this is good news for us... 55nm bitfury chips are more efficient than cointerras 28nm

[sebastienurbain]

Who is selling into the high buy orders? 

[VinceSamios]

Who is selling into the high buy orders? 

ken with ukyo shares

[sebastienurbain]

Makes sense, thank you.

[st4nl3y]

Damn... so i thought i will finally be able to trade shares and then Ken comes up with the idea he has to get 106 Bitcoins from ukyo's shares. Judging from the time these shares are bought it will take ages until Ken has his money. Till then it doesnt make sense letting us trade because that instantly would stop his ability to sell these shares at 0.01BTC. Great Situation.

I keep asking myself this question..
why did i invested in (at that time it appeared to be) a professional and well managed company that now turned out to be a mess totally manipulated by the CEO? this is the worst investment I've ever made! I could multiply my bitcoins 55 times over by now!!

oh right.. you are selling ukyo shares to recover your 106BTC ok and you still keep our shares hostage fine but what about people that been waiting a long time to get out

[Subcide]

Interesting CoinTerra update via Reddit post: http://www.reddit.com/r/BitcoinMining/comments/1waoos/cointerra_hot_air_update_engineering_and/

TL;DR CoinTerra is having problems.

TL;DR CoinTerra is communicating the problems they're having.