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Author Topic: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]  (Read 771841 times)
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nyc77
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January 31, 2014, 11:18:52 AM
 #8961

...

Sure, you will need the email address you want to use on CT, if you have an account already the shares will just be added to that account, if you don't then an account on that email will be created and the shares added to that account.  Next you will need the date and time of your transfer to AMC-TENDER and the Number of shares tendered.  To be verified the data must match our transfer records from bitfunder.

Ken, we appreciate your efforts. Still after all this time the most important info is missing: When exactly will the shares be tradeable?
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January 31, 2014, 01:11:51 PM
 #8962

@ Ken what is the procedure for the share verification. Can you tell us ahead of time incase any of us need to get old paperwork, dig out old wallets ahead of time?

Sure, you will need the email address you want to use on CT, if you have an account already the shares will just be added to that account, if you don't then an account on that email will be created and the shares added to that account.  Next you will need the date and time of your transfer to AMC-TENDER and the Number of shares tendered.  To be verified the data must match our transfer records from bitfunder.
Ken:
Some of us made more than one transfers to AMC-TENDER on different dates. Should we claim our shares in portions for each different date or we should use the date of the last transfer and claim them all at once? Thank you.

Thanks, I meant to mention that if you made more that one transfer to AMC-TENDER, each will have to be verified.
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January 31, 2014, 01:13:45 PM
 #8963

@ Ken what is the procedure for the share verification. Can you tell us ahead of time incase any of us need to get old paperwork, dig out old wallets ahead of time?

Sure, you will need the email address you want to use on CT, if you have an account already the shares will just be added to that account, if you don't then an account on that email will be created and the shares added to that account.  Next you will need the date and time of your transfer to AMC-TENDER and the Number of shares tendered.  To be verified the data must match our transfer records from bitfunder.
Ken:
Some of us made more than one transfers to AMC-TENDER on different dates. Should we claim our shares in portions for each different date or we should use the date of the last transfer and claim them all at once? Thank you.

Thanks, I meant to mention that if you made more that one transfer to AMC-TENDER, each will have to be verified.

Ken, now that you're no longer making any of the gear advertised on your site, why is it still listed as "available"?
kslaughter (OP)
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January 31, 2014, 01:15:12 PM
 #8964

...

Sure, you will need the email address you want to use on CT, if you have an account already the shares will just be added to that account, if you don't then an account on that email will be created and the shares added to that account.  Next you will need the date and time of your transfer to AMC-TENDER and the Number of shares tendered.  To be verified the data must match our transfer records from bitfunder.

Ken, we appreciate your efforts. Still after all this time the most important info is missing: When exactly will the shares be tradeable?


As soon as I get the verification program up on the server, then as investors get verified we will start sending the list over to CT to create the accounts which will include the shares.  So, once the accounts are created then trading will start.
kslaughter (OP)
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January 31, 2014, 01:16:31 PM
 #8965

@ Ken what is the procedure for the share verification. Can you tell us ahead of time incase any of us need to get old paperwork, dig out old wallets ahead of time?

Sure, you will need the email address you want to use on CT, if you have an account already the shares will just be added to that account, if you don't then an account on that email will be created and the shares added to that account.  Next you will need the date and time of your transfer to AMC-TENDER and the Number of shares tendered.  To be verified the data must match our transfer records from bitfunder.
Ken:
Some of us made more than one transfers to AMC-TENDER on different dates. Should we claim our shares in portions for each different date or we should use the date of the last transfer and claim them all at once? Thank you.

Thanks, I meant to mention that if you made more that one transfer to AMC-TENDER, each will have to be verified.

Ken, now that you're no longer making any of the gear advertised on your site, why is it still listed as "available"?

We are still going to be making that gear; however, I will be changing the available dates on the 28nm products today or tomorrow.
kslaughter (OP)
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January 31, 2014, 01:18:21 PM
 #8966

@ Ken what is the procedure for the share verification. Can you tell us ahead of time incase any of us need to get old paperwork, dig out old wallets ahead of time?

Sure, you will need the email address you want to use on CT, if you have an account already the shares will just be added to that account, if you don't then an account on that email will be created and the shares added to that account.  Next you will need the date and time of your transfer to AMC-TENDER and the Number of shares tendered.  To be verified the data must match our transfer records from bitfunder.

What transfer date should I consider valid for shares automatically transferred out of BitFunder?
I mean the shares which were not moved manually to AMC-TENDER.
Thank You.


The date and time in your Bitfunder transfer log.
mainline
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January 31, 2014, 01:18:30 PM
 #8967

...
As soon as I get the verification program up on the server, then as investors get verified we will start sending the list over to CT to create the accounts which will include the shares.  So, once the accounts are created then trading will start.

What were you doing the last few months?  Did it really take you that long to write a script?
And this script is so fricking huge that it takes weeks to put it up on a server?
And it's so fricking slow that it will take weeks to work?
kslaughter (OP)
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January 31, 2014, 01:22:50 PM
 #8968

@ Ken what is the procedure for the share verification. Can you tell us ahead of time incase any of us need to get old paperwork, dig out old wallets ahead of time?

Sure, you will need the email address you want to use on CT, if you have an account already the shares will just be added to that account, if you don't then an account on that email will be created and the shares added to that account.  Next you will need the date and time of your transfer to AMC-TENDER and the Number of shares tendered.  To be verified the data must match our transfer records from bitfunder.

Thank you.



What if we did not transfer our shares on Bitfunder to AMC-TENDER?

Your shares will be transferred after the AMC-TENDER shares are transferred.
mainline
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January 31, 2014, 01:23:25 PM
 #8969

@ Ken what is the procedure for the share verification. Can you tell us ahead of time incase any of us need to get old paperwork, dig out old wallets ahead of time?

Sure, you will need the email address you want to use on CT, if you have an account already the shares will just be added to that account, if you don't then an account on that email will be created and the shares added to that account.  Next you will need the date and time of your transfer to AMC-TENDER and the Number of shares tendered.  To be verified the data must match our transfer records from bitfunder.
Ken:
Some of us made more than one transfers to AMC-TENDER on different dates. Should we claim our shares in portions for each different date or we should use the date of the last transfer and claim them all at once? Thank you.

Thanks, I meant to mention that if you made more that one transfer to AMC-TENDER, each will have to be verified.

Ken, now that you're no longer making any of the gear advertised on your site, why is it still listed as "available"?

We are still going to be making that gear; however, I will be changing the available dates on the 28nm products today or tomorrow.

Did you forget to do that earlier?  You knew that you won't be making that gear for how long?
And what will you be changing the shipping date to?  
At this point, you don't give any shipping dates, only mentioning in fine print that the product will be shipped within days of manufacture, i.e. NEVER.
What changed?
kslaughter (OP)
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January 31, 2014, 01:33:22 PM
 #8970

Is there an implication that ActM may redirect their mining profits away from shareholders?

I will never redirect any profits away from Active Mining shareholders for any reason.  I want all of my shareholders that have backed Active Mining to reap the benefits of their investment.
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January 31, 2014, 01:35:37 PM
 #8971

Is there an implication that ActM may redirect their mining profits away from shareholders?

He wants to know if Ken plans to sell any of them.

Exactly.

Ken has stated that he is going to make a ~10TH "budget" miner but the way he is talking about chip development seems to imply that he is going to mine in-house on the Q2 chips. Are we selling this "1-2PH" raw? Are we building a miner to sell them in? Are we mining on them exclusively? If we're doing a mixture of these, then how much will be put to mining and how much sold?


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PurpleTentacle
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January 31, 2014, 01:35:45 PM
 #8972

Ken, during the share verification, will I have to convert the transfer time to a specific time zone?

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January 31, 2014, 01:38:44 PM
 #8973

Is there an implication that ActM may redirect their mining profits away from shareholders?

I will never redirect any profits away from Active Mining shareholders for any reason.  I want all of my shareholders that have backed Active Mining to reap the benefits of their investment.

Thanks Ken for the last few posts. Starting to get some real updates feels good.

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January 31, 2014, 01:45:33 PM
Last edit: January 31, 2014, 06:42:42 PM by kslaughter
 #8974

Ken, during the share verification, will I have to convert the transfer time to a specific time zone?

@PurpleTentacle I think all of Bitfunder transaction where on Central time.  PM me your bitfunder username, transaction time and number of shares from your records and I will look it up in our transaction records to see if they match.  If you have more that one transfer just send one.
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January 31, 2014, 01:45:53 PM
 #8975

As soon as I get the verification program up on the server, then as investors get verified we will start sending the list over to CT to create the accounts which will include the shares.  So, once the accounts are created then trading will start.

Ken, WHEN is this happening!?

Could you commit yourself to at least this one date in front of your shareholders?
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January 31, 2014, 02:27:45 PM
 #8976

^ I'd expect it would be set up by Monday evening. *WILD SPECULATION ONLY*
UnconfirmedTransaction
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January 31, 2014, 02:37:29 PM
 #8977

Sure, you will need the email address you want to use on CT, if you have an account already the shares will just be added to that account, if you don't then an account on that email will be created and the shares added to that account.  Next you will need the date and time of your transfer to AMC-TENDER and the Number of shares tendered.  To be verified the data must match our transfer records from bitfunder.

So we're supposed to PM you with our email and all other details?  # shares, date, etc.
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January 31, 2014, 02:40:03 PM
 #8978

This is already turning into a clusterfuck, just like in the past months...

Could someone from ActM please release an official communication or setup a site detailing the process? Ideally, this should even be done by CT.
wonker
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January 31, 2014, 02:45:30 PM
 #8979

This is already turning into a clusterfuck, just like in the past months...

Could someone from ActM please release an official communication or setup a site detailing the process? Ideally, this should even be done by CT.


Why dont you just "clusterfucking" wait until the verification program and the tools for the share transfer are ready?
For sure there will be official realeases then...
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January 31, 2014, 02:47:59 PM
 #8980

A) It is far from a clusterfuck

B) Just follow the directions and supply Ken Slaughter with the information requested

C) Just because YOU are getting upset or anxious is no reason to totally lose control and freak out

D) The clusterfuck is in your mind and nowhere else

E) Soon you will be able to trade your shares

F) Ken Slaughter already released an official communication and here it is https://bitcointalk.org/index.php?topic=297503.msg4856872#msg4856872

G) Everything will be OK

H) You need to have patience

I) We will have miners both shipping and running in our own Active Mining Data Center in Q2

J) Ken Slaughter will make some people very rich and others will continue to complain anyway


This is already turning into a clusterfuck, just like in the past months...

Could someone from ActM please release an official communication or setup a site detailing the process? Ideally, this should even be done by CT.

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