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Author Topic: [ActiveMining] Official Shareholder Discussion Thread [Moderated]  (Read 629685 times)
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shadallion
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February 19, 2014, 09:46:04 PM
 #101

Good info, thanks guys.

The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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February 19, 2014, 09:48:20 PM
 #102

Nice find knybe. Looks good, basic but it's all there.

Is there any info about lag? As we know it takes a number of minutes for confirmations on the blockchain, so will an instant buy order result in a 10min wait for confirmation that the buy has gone through? If so times of high volatility on the stock could be quite...interesting.
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February 19, 2014, 10:01:52 PM
 #103

Nice find knybe. Looks good, basic but it's all there.

Is there any info about lag? As we know it takes a number of minutes for confirmations on the blockchain, so will an instant buy order result in a 10min wait for confirmation that the buy has gone through? If so times of high volatility on the stock could be quite...interesting.

I've been chomping at the bit for a stable release of the wallet, can't wait to get CC going.
They have some info on the download page along with this:

Quote
Warning: the current version is only a preview which runs on the testnet, it is not easy to use and set up.
To run it you will need to install Bitcoin-Qt (or bitcoind) in addition to ChromaWallet, and to configure it to run on testnet with enabled API server.

might be worth a test run if I had some time to spare...
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February 19, 2014, 10:23:30 PM
 #104

Ethereum also looks very promising…

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February 19, 2014, 11:05:26 PM
Last edit: February 20, 2014, 12:07:23 AM by kslaughter
 #105

Weekly Update 2/19/2014

We have started with a new vendor for our 28nm project.  Our custom 28nm will be very competitive in the market place and will be air cooled and use a double slot.  The estimate speed of the new card will be 432 GH/s and will be listed at $1499.00.

Management is preparing for the MSD investigation, management believes that the MSD will clear VMC of any wrong acts in Missouri as VMC has NOT offered ActiveMining shares.  Management believes that the company can be successful in the long run.  The management team is committed to seeing this through.

ActiveMining-PR Staff

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February 19, 2014, 11:15:04 PM
 #106

Thanks Ken.

Sure is quiet in here now (I like it).

@Ken, once the MSD stuff is sorted, will the focus return to share trading?
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February 19, 2014, 11:20:06 PM
 #107

Weekly Update 2/19/2014

We have started with a new vendor for our 28nm project.  Our custom 28nm will be very competitive in the market place and will be air cooled and use a double slot.  The estimate speed of the new card will be 432 GH/s and will be listed at $1499.00.

Management is preparing for the MSD investigation, management believes that the MSD will clear VMC of any wrong acts in Missouri as VMC has offered ActiveMining shares.  Management believes that the company can be successful in the long run.  The management team is committed to seeing this through.

ActiveMining-PR Staff



 did we lose the eASIC "MILLION DOLLAR" NRE?
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February 19, 2014, 11:43:11 PM
Last edit: February 19, 2014, 11:53:55 PM by kleeck
 #108

Weekly Update 2/19/2014

We have started with a new vendor for our 28nm project.  Our custom 28nm will be very competitive in the market place and will be air cooled and use a double slot.  The estimate speed of the new card will be 432 GH/s and will be listed at $1499.00.

Management is preparing for the MSD investigation, management believes that the MSD will clear VMC of any wrong acts in Missouri as VMC has offered ActiveMining shares.  Management believes that the company can be successful in the long run.  The management team is committed to seeing this through.

ActiveMining-PR Staff



1. What vendor are you using?

2. Are you abandoning the old modular case build for a "gpu-like" double slot pci-e card miner?

3. Did you mean "VMC has not offered ActiveMining shares."?

4. Also, the "double slot" miner comes in @ $3.50/Gh. Cointerra, Bitmine, and BlackArrow all offer $3/gh and under machines. The $/gh will only get lower as we approach Q3.

5. Many of us would like to hear the actual projected chip specs.


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February 19, 2014, 11:52:31 PM
 #109

Ken, let's fastforward and say that you have been "cleared of any wrongdoing" as you say.

If both Crypto-Trade and Colored Coins are available at that time, which will you list our currently frozen shares on?

Also: I agree with the poster who suggested paying out our stored dividends (the approx. 55 BTC) to people as a show of good faith. 
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February 19, 2014, 11:53:26 PM
 #110

The management team is Ken and... who?
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February 19, 2014, 11:54:45 PM
Last edit: February 20, 2014, 12:07:04 AM by kleeck
 #111

The management team is Ken and... who?

I believe the People's ASIC's head engineer is doing Project Management.


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February 20, 2014, 12:04:09 AM
 #112

Am I right in assuming that as shareholders, we're not allowed to know the name of that project manager, because the trolls might bug them?
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February 20, 2014, 12:05:57 AM
 #113

The management team is Ken and... who?

The People's ASIC's head engineer is doing Project Management.

Wrong, try again.
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February 20, 2014, 12:06:32 AM
 #114

Weekly Update 2/19/2014

We have started with a new vendor for our 28nm project. 


Wat?

Seriously, what does that mean?  That we're dumping eASIC?

If so, what did we get for our million dollars?  How much of our million dollars are we getting back in cash?  How much are we getting back in-kind?

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February 20, 2014, 12:06:42 AM
 #115

because the trolls might bug them?

Bug him, threaten him, report him to the SEC. Yes that's what they do.
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February 20, 2014, 12:08:38 AM
 #116

The management team is Ken and... who?

I believe the People's ASIC's head engineer is doing Project Management.

Wrong, try again.

This is where you inform your shareholders. Who is the project management team, Ken?

Also see my above concerns and feel free to address them here.


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February 20, 2014, 12:11:44 AM
 #117

Weekly Update 2/19/2014

We have started with a new vendor for our 28nm project.  Our custom 28nm will be very competitive in the market place and will be air cooled and use a double slot.  The estimate speed of the new card will be 432 GH/s and will be listed at $1499.00.

Management is preparing for the MSD investigation, management believes that the MSD will clear VMC of any wrong acts in Missouri as VMC has offered ActiveMining shares.  Management believes that the company can be successful in the long run.  The management team is committed to seeing this through.

ActiveMining-PR Staff



 did we lose the eASIC "MILLION DOLLAR" NRE?

We are expecting to recover most of the eASIC NRE.
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February 20, 2014, 12:14:06 AM
 #118

The hardware gurus love you!

That has nothing to do with hardware.

Also, the giant text is very spammy. Refrain from posting such.

We are expecting to recover most of the eASIC NRE.

Who is the new vendor?


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February 20, 2014, 12:15:19 AM
 #119

Would appreciate information instead of guessing games Ken.  Thanks.
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February 20, 2014, 12:19:06 AM
 #120

Would appreciate information instead of guessing games Ken.  Thanks.

We don't release vendor information anymore.  i.e. VE bugging eASIC.
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