[ActiveMining] Official Shareholder Discussion Thread [Moderated]

[arousedrhino]

Ken,

Do you have NMC merge mining setup on Eligius. Its pretty easy to configure but some don't realize Eligius offers NMC merged mining and that would be a nice slight addition to the mining revenue.

Thanks!

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[minerpart]

We are waiting on payment in BTC on 95 cards.  Should the customer not pay within 24 hours the stock will be added back to our in stock quantity.

Yes I think it must be another Troll order like the one we had several months ago for a million dollars of miners.  If it's the same guy then US justice is catching up with him which is a great source of satisfaction for me. double lol.

There are some ideas for securing orders by getting the hardware community here fully briefed so about to pm Ken with one suggestion. 

[kslaughter]

Ken,

Do you have NMC merge mining setup on Eligius. Its pretty easy to configure but some don't realize Eligius offers NMC merged mining and that would be a nice slight addition to the mining revenue.

Thanks!

I will do that.

[jimmothy]

Ken,

Do you have NMC merge mining setup on Eligius. Its pretty easy to configure but some don't realize Eligius offers NMC merged mining and that would be a nice slight addition to the mining revenue.

Thanks!

I will do that.

Still unable to take pics of your hardware?

[knybe]

Ken,

Do you have NMC merge mining setup on Eligius. Its pretty easy to configure but some don't realize Eligius offers NMC merged mining and that would be a nice slight addition to the mining revenue.

Thanks!

I will do that.

Still unable to take pics of your hardware?

Shhhhh NDA.

[drawingthesun]

Hey Ken we have a terahash online right, could you take a photo of that hardware because lots of shareholders think it's cex.io again.

We know the Klondike's and existing Avalons hash around 800gh.

[wasubii]

That would work in your favor if Bitcoin was worth more now because you'd spend less of them on the miner.  The miner will never earn more Bitcoin then you paid for it.  You would earn more profit by holding your Bitcoin than you would buying the miner.

It makes no sense to buy the miner instead of holding coins.  None.  It would only make sense if you bought it for less Bitcoins then it earns.  Currently it does not do that.

If I earn 5 Bitcoin or kept 6.  Regardless of whether the price of Bitcoin is $10,000 or $600.  Keeping the 6 is always worth more than the 5.

There is a slight caveat to this, in that if you were in a position where you were unable to buy bitcoins for fiat ( there are still places in the world where this is not easy at all) and you could still buy a miner you would be better off buying the miner even though it won't ROI in bticoin terms if you are unable to purchase coins directly. This is obv just a small subset of people but worth noting anyway.

I get your point, but in this case if you are able to wire money to Ken in the US to buy a miner, then you are also able to wire money to bitstamp or coin base to buy bitcoins directly

[kslaughter]

Hey Ken we have a terahash online right, could you take a photo of that hardware because lots of shareholders think it's cex.io again.

We know the Klondike's and existing Avalons hash around 800gh.

The Avalons and Klondike's are still on BTCGuild.  We will have taken pictures and will post them soon.

[drawingthesun]

Hey Ken we have a terahash online right, could you take a photo of that hardware because lots of shareholders think it's cex.io again.

We know the Klondike's and existing Avalons hash around 800gh.

The Avalons and Klondike's are still on BTCGuild.  We will have taken pictures and will post them soon.

That's what I thought, so the Avalons and Klondikes are on BTCGuild, and we know they exist as we have seen them before.

So regarding this terahash on Eligius, I assume that is our prospector card and not cex.io? I do wish we could have a photo of the hundred prospector cards, that would be very good.

[gjpminingco]

I wish people would stop thinking that the eligius thing is CEX.Io

At this current time you ARE NOT able to redirect CEX/GHASH.IO Mining Power to any other mining Pool

[jimmothy]

I wish people would stop thinking that the eligius thing is CEX.Io

At this current time you ARE NOT able to redirect CEX/GHASH.IO Mining Power to any other mining Pool

There are cloudhashing services which allow you to redirect.

Again if ken would just take 5 minutes to take a few pics of his hardware which he spend millions to create that would clear things up.

[MilkyWayMasta]

I wish people would stop thinking that the eligius thing is CEX.Io

At this current time you ARE NOT able to redirect CEX/GHASH.IO Mining Power to any other mining Pool

There are cloudhashing services which allow you to redirect.

Again if ken would just take 5 minutes to take a few pics of his hardware which he spend millions to create that would clear things up.

Isn't there someone interested in buying a Prospector but would like visual confirmation of products in stock first?

[jimmothy]

Isn't there someone interested in buying a Prospector but would like visual confirmation of products in stock first?

I imagine anyone interested in an asic would never consider ordering a new "in stock" asic when no real pictures of it exists.

[drawingthesun]

Isn't there someone interested in buying a Prospector but would like visual confirmation of products in stock first?

I imagine anyone interested in an asic would never consider ordering a new "in stock" asic when no real pictures of it exists.

So how do you explain a hundred of these flying of the shelves in a matter of hours, especially with no pre-marketing in the led up. Ken announced it and someone bought them all right away.

[jimmothy]

Isn't there someone interested in buying a Prospector but would like visual confirmation of products in stock first?

I imagine anyone interested in an asic would never consider ordering a new "in stock" asic when no real pictures of it exists.

So how do you explain a hundred of these flying of the shelves in a matter of hours, especially with no pre-marketing in the led up. Ken announced it and someone bought them all right away.

You don't know that anyone bought them. All you know is that ken said someone bought them. If people are actually buying them then surely, like every other new asic to be released, someone will take pics, and teardown both the software/hardware

[Ozymandias2]

Looks like a third card has been added:

http://eligius.st/~wizkid057/newstats/userstats.php/1DJpsvnM7xTnQbWEhLYyCyfxQyxwupEzCa

[drasted]

Isn't there someone interested in buying a Prospector but would like visual confirmation of products in stock first?

I imagine anyone interested in an asic would never consider ordering a new "in stock" asic when no real pictures of it exists.

So how do you explain a hundred of these flying of the shelves in a matter of hours, especially with no pre-marketing in the led up. Ken announced it and someone bought them all right away.

There was that 95 card order that Ken mentioned he is still waiting on payment for. It's happened before were they got a bunch of orders where the user had no intention of actually paying/receiving the order (someone just messing around with the shopping cart).

[Duffer1]

So how do you explain a hundred of these flying of the shelves in a matter of hours, especially with no pre-marketing in the led up. Ken announced it and someone bought them all right away.

AMC <--> VMC.  Ken sold hardware to himself.

[drawingthesun]

So the consensus is we either sold no boards (people putting in fake orders) or Ken bought all the cards with either AMC or VMC, which basically means no dividends.

[Ozymandias2]

So the consensus is we either sold no boards (people putting in fake orders) or Ken bought all the cards with either AMC or VMC, which basically means no dividends.

The former is significantly more likely than the latter