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Author Topic: [ActiveMining] Official Shareholder Discussion Thread [Moderated]  (Read 629448 times)
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kslaughter
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March 31, 2014, 12:44:51 AM
 #1381

Did you design the boards or are you simply producing them?

And why does your website claim the boards are using your own fasthash one asic chips?

It is a chip that we purchased in bulk and we are reselling in on our manufactured boards as our Fast-Hash One chip.

Just to clarify

Did you design the boards you are manufacturing?

No

But we have them in stock ready to ship.
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MilkyWayMasta
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March 31, 2014, 12:47:54 AM
 #1382

Images of products and of our Datacenter being build

So if we're using the Hashfast Yoli Evo board, why are the specs on VMC lower (500GH/s) than the ones Hashfast claims (675GH/s)?

http://hashfast.com/shop/yolievo/

Because it's not that board, it's the Rev 2 Board. They do not license out the Evo.

The Prospector is not the Yoli Evo board.  We will be releasing our Gold Rush board next month using the Yoli Evo design.  We are tooling up our production line to produce 5,000 of these next month.

5,000 of the Gold Rush boards?

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March 31, 2014, 12:48:06 AM
 #1383

Wow Ken, amazing. Great work!

It has been a real learning process, I have to give all the credit to my Project Manager.
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March 31, 2014, 12:48:38 AM
 #1384

Images of products and of our Datacenter being build

So if we're using the Hashfast Yoli Evo board, why are the specs on VMC lower (500GH/s) than the ones Hashfast claims (675GH/s)?

http://hashfast.com/shop/yolievo/

Because it's not that board, it's the Rev 2 Board. They do not license out the Evo.

The Prospector is not the Yoli Evo board.  We will be releasing our Gold Rush board next month using the Yoli Evo design.  We are tooling up our production line to produce 5,000 of these next month.

5,000 of the Gold Rush boards?

Yes, and we are still working on developing our own 28nm chip.
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March 31, 2014, 12:51:06 AM
 #1385

Images of products and of our Datacenter being build

So if we're using the Hashfast Yoli Evo board, why are the specs on VMC lower (500GH/s) than the ones Hashfast claims (675GH/s)?

http://hashfast.com/shop/yolievo/

Because it's not that board, it's the Rev 2 Board. They do not license out the Evo.

The Prospector is not the Yoli Evo board.  We will be releasing our Gold Rush board next month using the Yoli Evo design.  We are tooling up our production line to produce 5,000 of these next month.

5,000 of the Gold Rush boards?

Yes

 Shocked Awesome!

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March 31, 2014, 12:51:14 AM
 #1386

HashFast... FastHash... what's the difference....

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March 31, 2014, 12:52:14 AM
 #1387


Yes, and we are still working on developing our own 28nm chip.

If these boards do not sell; what kind of financial position does that leave us in? Can we mine with these and ROI with our DC costs and everything taken into account?
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March 31, 2014, 12:53:01 AM
 #1388

HashFast... FastHash... what's the difference....



The difference is that we have In Stock products ready to ship.  Also, we have products for our mining farm.
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March 31, 2014, 12:53:45 AM
 #1389


Yes, and we are still working on developing our own 28nm chip.

If these boards do not sell; what kind of financial position does that leave us in? Can we mine with these and ROI with our DC costs and everything taken into account?

Don't care whether they sell or not, we will just mine with them.

Edit:  We are in excellent financial position, that is why we are able to tool up a 5,000 board production line.
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March 31, 2014, 12:55:13 AM
 #1390

Don't care whether they sell or not, we will just mine with them.
Thank you for showing us your progress Ken. When will we be able to mine in full force?
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March 31, 2014, 12:59:59 AM
 #1391

Don't care whether they sell or not, we will just mine with them.
Thank you for showing us your progress Ken. When will we be able to mine in full force?

Project Manager is meeting with the Electrician as we speak.  As soon as we get the power in the datacenter up and running.  We are working on getting all the miners ready this week to go online as soon as we have  the power set up.
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March 31, 2014, 01:06:34 AM
 #1392

I've now removed the negative feedback. See how much better things are when you're honest with us?
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March 31, 2014, 01:07:57 AM
 #1393

I've now removed the negative feedback. See how much better things are when you're honest with us?

Mabsy is a true believer?!

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MilkyWayMasta
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March 31, 2014, 01:08:56 AM
 #1394


Yes, and we are still working on developing our own 28nm chip.

If these boards do not sell; what kind of financial position does that leave us in? Can we mine with these and ROI with our DC costs and everything taken into account?

Don't care whether they sell or not, we will just mine with them.

Edit:  We are in excellent financial position, that is why we are able to tool up a 5,000 board production line.

How many of these boards are you planning on mining with?

DISCIPLINA — The First Blockchain For HR & Education
From core developers of Cardano, PoS minting, unique Web Of Trust & Privacy algorithms. Be the first, join us!
  WEBSITE  TELEGRAM  ANN  BOUNTY  LINKEDIN  WHITEPAPER  Referral Program 5%
kslaughter
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March 31, 2014, 01:10:14 AM
 #1395

I've now removed the negative feedback. See how much better things are when you're honest with us?

I have always been honest with my shareholders; however, there are times to release information and there are times to hold back information.  It has taken some time to move from a pre-order product to an In Stock product.
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March 31, 2014, 01:11:31 AM
 #1396

Thanks for the updates Ken! Sounds like we're in a pretty stable position. Best of luck.
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March 31, 2014, 01:16:18 AM
 #1397

Well done Ken this is incredible progress.
bobsag3
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March 31, 2014, 01:19:43 AM
 #1398

Are they available for local pick in Springfield?
kslaughter
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March 31, 2014, 01:19:52 AM
 #1399


Yes, and we are still working on developing our own 28nm chip.

If these boards do not sell; what kind of financial position does that leave us in? Can we mine with these and ROI with our DC costs and everything taken into account?

Don't care whether they sell or not, we will just mine with them.

Edit:  We are in excellent financial position, that is why we are able to tool up a 5,000 board production line.

How many of these boards are you planning on mining with?

Setting up the datacenter for 180 boards @ ~512 GH/s = 92,160 GH/s or ~92 TH/s, if sales are good on our Prospector boards and it takes a little longer to get our power in our datacenter up and running we may use the first Gold Rush boards in the datacenter.  
MilkyWayMasta
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March 31, 2014, 01:24:49 AM
 #1400


Yes, and we are still working on developing our own 28nm chip.

If these boards do not sell; what kind of financial position does that leave us in? Can we mine with these and ROI with our DC costs and everything taken into account?

Don't care whether they sell or not, we will just mine with them.

Edit:  We are in excellent financial position, that is why we are able to tool up a 5,000 board production line.

How many of these boards are you planning on mining with?

Setting up the datacenter for 180 boards @ ~512 GH/s = 92,160 GH/s or ~92 TH/s, if sales are good on our Prospector boards and it takes a little longer to get our power in our datacenter up and running we may use the first Gold Rush boards in the datacenter.  

I meant out of the 5,000 Gold Rush boards, how many are you planning on mining with?

DISCIPLINA — The First Blockchain For HR & Education
From core developers of Cardano, PoS minting, unique Web Of Trust & Privacy algorithms. Be the first, join us!
  WEBSITE  TELEGRAM  ANN  BOUNTY  LINKEDIN  WHITEPAPER  Referral Program 5%
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