[ActiveMining] Official Shareholder Discussion Thread [Moderated]

[drasted]

It's like squeezing blood from a stone...

I really don't understand what is so difficult about these questions.

[1714803553]

1714803553

[snowdropfore]

are we using 28nm chips in our boards?

Would love to know the answer if you are able to say

Yes, we are using 28nm chips in our new boards.

whose's 28nm chips??

[thefunkybits]

whose's 28nm chips??

I dont even give a f*ck whose 28nm chip it is and im sure many large shareholders don't either.

Trolls will b trolls

[bitmoon]

hi

i want to start saying "my god!"

i know ken, you said you can't say any more because of MSD, competition, etc.

can't you update us on share problem each couple days?
honestly on my end i have no clue, its way too long.

give a more hint or something, if you can't, i am afraid to think there is massive problem.
i know you said things are going ok, etc , but is hard to believe that now, because you told me soon, soon, soon, and everything going ok.

its almost April now, i look like a fool.

btw, too much "soon" lately, ken, i started last two week to get irritated to hear that single word.

edit: on share progress, say something like, lawyer is doing this and that, MSD needs this and that, this must go there and here, etc

edit: and keep up the good work
  

[Flashman]

whose's 28nm chips??

I dont even give a f*ck whose 28nm chip it is and im sure many large shareholders don't either.

Trolls will b trolls

Well if I had to put money on it, I'd say bitmine.ch Coincraft A1

[Mabsark]

Development board running here:

Early Prototype Development Board

Now create another account and put the old miners on it so we can see the two side by side, proving that you're not just using the old miners.

Here you go idiot:

That's not what I asked for you silly spazzy on a lazzy. I asked for proof, not a screenshot that can be created by any fool like yourself.

Ken please bend over backwards, touch your toes, do 5 jumping jacks and run 12 laps around the VMC office. Thanks!

Because pointing the old miners to Eligius and posting a link is bending over backwards?

[thefunkybits]

Because pointing the old miners to Eligius and posting a link is bending over backwards?

No because there are many ridiculous requests coming from trolls like yourself that any normal CEO wouldn't even blink an eye at. Ken is in here almost everyday trying to restore confidence and be more transparent (very much so recently)

edit: can all yall tell im hungover today? no hard feelings trolls

[Mabsark]

Because pointing the old miners to Eligius and posting a link is bending over backwards?

No because there are many ridiculous requests coming from trolls like yourself that any normal CEO wouldn't even blink an eye at. Ken is in here almost everyday trying to restore confidence and be more transparent (very much so recently)

edit: can all yall tell im hungover today? no hard feelings trolls

How was my request ridiculous? The image you posted to "rebuke" me, shows a significant decrease in Avalon hashing power at a time when Ken supposedly has new miners hashing.

And you don't find that suspicious? Not even after all the shit Ken has pulled? Would you like to invest in my IPO?

[drawingthesun]

If Ken hasn't aimed the BTGUILD miners towards Eligius then we are now making 0.1 per day.

[VinceSamios]

http://www.news-leader.com/article/20140302/BUSINESS04/303020022/Bitcoin-Springfield-mining-machines-Slaughter

What about the klondikes? I mean to me, the hashrate isn't adding up....


400gh/s of avalons
300gh/s of klondikes
500-600gh/s of test board


Should be 1.2TH/s-1.3th/s total

[PurpleTentacle]

http://www.news-leader.com/article/20140302/BUSINESS04/303020022/Bitcoin-Springfield-mining-machines-Slaughter

What about the klondikes? I mean to me, the hashrate isn't adding up....


400gh/s of avalons
300gh/s of klondikes
500-600gh/s of test board


Should be 1.2TH/s-1.3th/s total

IIRC around 300 gh/s went missing right after Ken announced the "shipment of our first product", but I maybe mistaken. Someone correct me on this.

[VinceSamios]

http://www.news-leader.com/article/20140302/BUSINESS04/303020022/Bitcoin-Springfield-mining-machines-Slaughter

What about the klondikes? I mean to me, the hashrate isn't adding up....


400gh/s of avalons
300gh/s of klondikes
500-600gh/s of test board


Should be 1.2TH/s-1.3th/s total

IIRC around 300 gh/s went missing right after Ken announced the "shipment of our first product", but I maybe mistaken. Someone correct me on this.

Can't be - the news article was march 2nd... long long long after the "first product shipped"

[interJ]

Again, more noise.


It doesn't matter what the hell is happening with the company if we don't have our shares. Without share's it's Ken's company, not ours.

[sparky999]

At this point after seeing ken dodge the most asked question, it seems clear these are not ActM 28nm full custom chips but instead yet another non profitable stop gap solution. Would hv been so easy for ken to silence all critics with one photo if these were indeed ActM designed chips. Instead of waiting until some idiot posts too vague a question and he pounces on it to try to make people think they might be ActM designed chips.



@Ken are the chips in the prototype boards ActM full custom 28nm chips?

[toastee]

Again, more noise.


It doesn't matter what the hell is happening with the company if we don't have our shares. Without share's it's Ken's company, not ours.

I'm pretty sure it's always been Ken's company. This is basically a kickstarter with dividends.

[JoTheKhan]

Again, more noise.


It doesn't matter what the hell is happening with the company if we don't have our shares. Without share's it's Ken's company, not ours.

I'm pretty sure it's always been Ken's company. This is basically a kickstarter with dividends.

Yup. We have no voting rights, we don't own the company. We own a share of it's profits. If you bought all 15,000,000 public shares. Ken would still have 100% of the companies control.

That being said, at this point. If Ken says they have prototype boards. All we are asking for is a picture. Ken says he is putting 28nm chips in these boards. We are again just asking for a picture and a name of the company who made these chips.

[kactech]

Broken curve

[tempestb]

Knowing who's chip it is doesn't really matter.  I mean, you'll want to know what price he paid for it, what wattage it uses, what his electricity cost is, what his margin is on selling boards vs mining, etc.  That doesn't end and it's obvious that Ken is never going to provide that information.  You might as well wait for him to sell the board to someone and then your answers will be there.  Squeezing blood out of a rock as it is in here.  The chorus should be unanimous in asking and getting Ken to give us our shares back.  Everything else is b.s.

The 100th doesn't matter until it's actually up and mining.  Right now it's earning 0 coins per day, minus that prototype.  Those 0 coins can go with everyone's 0 shares.  So until Ken starts putting them online, there might as well not be a chip, or a board, or anything else.  We've heard him saying things were getting ready for production in the past and nothing happened.  So until you see evidence of something you can just assume there isn't anything.

And even if Ken comes on and shows you a picture of something you still don't have access to your shares.  So what does it matter?  He could show you that he found a way to produce gold out of thin air, until we have our shares it's just vapor.

That's what all of this is right now.  Ken puffing away on an e-cig blowing out vapor...

[klondike_bar]

^the fact is that if its someone else's chip, the costs of production will be much higher then with a custom actm chip.  We are talking about $1/5GH on a custom wafer and packaging (with upfront R&D that the IPO apparently funded?)  verses $1/1GH if buying someone else's chips

[tempestb]

It's not a custom chip.  We know it's not.  He canceled the production of all custom chips.  He would have told you it's custom if it was.  And it doesn't matter if the power usage is high or low or none at all.  You don't have access to your shares, and the chips aren't mining anything.  I know it's fun to speculate but having him tell you this stuff is distracting from the real issue which is getting access to our shares.