[ActiveMining] Official Shareholder Discussion Thread [Moderated]

[kslaughter]

Wow Ken, amazing. Great work!

It has been a real learning process, I have to give all the credit to my Project Manager.

this is looking better and better Kenneth, good thing I didn't purpose eating my hat if… well.

Would you be so kind as to introduce us to your PM soon??

No, we don't release any employee/contractor/vendor information anymore.

AND GET US OUR SHARES AND DIVS!

Working on that.

[chsados]

Ken you are starting to give me hope!

[wasubii]

Any one know how much the chips cost if you buy them in 100 or 200 piece batches?

$800 per chip up to 500 chips at which point there is some discount (though I do not know the details of the discount)

So then our cost is $2600 and we are selling them for $3000

if we sell 100 units per month, we are looking at a profit of $40,000 per month

EDIT: If we are manufacturing the boards ourselves the cost will be a lot less than the $1800/board that hashfast were asking for.

Good thing we can flip these for a bit of cash, and if not then we can mine with them and break our data centre in.

[klondike_bar]

Any one know how much the chips cost if you buy them in 100 or 200 piece batches?

$800 per chip up to 500 chips at which point there is some discount (though I do not know the details of the discount)

So then our cost is $2600 and we are selling them for $3000

if we sell 100 units per month, we are looking at a profit of $40,000 per month

no miner in their right mind would pay $6/GH unless BTC can get back above $600 (if not $800). There are other options in the $2.50-$4/GH range

[bougelahi]

Price is now $1999 for our Prospector it seems

[PurpleTentacle]

Very nice, Ken!

It's very good to see that the faith of shareholders has been restored simply by posting a few pics and being more open about your actions.

Thank you for your hard work.

[Komodorpudel]

Thanks Ken!:)

Those pictures helped a lot!

[bitdog101]

Thanks for the pics ken.

Just to be clear though:

197 Items in stock

Does this mean we have sold 3 or 103 units?

[drawingthesun]

Thanks for the pics ken.

Just to be clear though:

197 Items in stock

Does this mean we have sold 3 or 103 units?

I pretty sure we have sold 3. So many people were putting in spam orders.

[qukkM]

Ken,

I requested a refund 3 months ago, you eventually sent me a cheque but my bank returned it because you did not sign it. I have emailed you via the store and via PM here. I need you to update my address detals and reissue the refund cheque ASAP.

Please contact me to confirm the details.

[Komodorpudel]

okay; a short question:

Since we are not really selling any boards; caused by the low btc price or the bad PR( doesn't matter why), what are we doing with all the boards which will be produced next month?

Mining would be the best solution, bu as i remember the data center rented by activemining only supports up to 800/900 Th/s? And with all these boards produced we would have a lot more than 900 Th/s, or did is miss something?

[drawingthesun]

okay; a short question:

Since we are not really selling any boards; caused by the low btc price or the bad PR( doesn't matter why), what are we doing with all the boards which will be produced next month?

Mining would be the best solution, bu as i remember the data center rented by activemining only supports up to 800/900 Th/s? And with all these boards produced we would have a lot more than 900 Th/s, or did is miss something?

I would hope it'll be profitable to run another space for more cards. If we can mine profitably then just get another datacenter.

[PurpleTentacle]

okay; a short question:

Since we are not really selling any boards; caused by the low btc price or the bad PR( doesn't matter why), what are we doing with all the boards which will be produced next month?

Mining would be the best solution, bu as i remember the data center rented by activemining only supports up to 800/900 Th/s? And with all these boards produced we would have a lot more than 900 Th/s, or did is miss something?

Ken has responded to this question before:

So our max hashing is only 800TH?

I was hoping for 1-2 PH out of this datacenter

It is just a power and air conditioning limit.

Edit:  When we get close to that limit, we could bring in more power and air conditioning.

[Komodorpudel]

okay; a short question:

Since we are not really selling any boards; caused by the low btc price or the bad PR( doesn't matter why), what are we doing with all the boards which will be produced next month?

Mining would be the best solution, bu as i remember the data center rented by activemining only supports up to 800/900 Th/s? And with all these boards produced we would have a lot more than 900 Th/s, or did is miss something?

Ken has responded to this question before:

So our max hashing is only 800TH?

I was hoping for 1-2 PH out of this datacenter

It is just a power and air conditioning limit.

Edit:  When we get close to that limit, we could bring in more power and air conditioning.

Ah thanks; looks like i missed that

[sparky999]

Come on Ken, just two milestones to go - get shares trading and pay out dividends - your so close to making everyone take a big sigh of relief and we would all be very grateful to have shares back in our possession and allow us to trade especially after this awesome news.

Well done Ken.

[hazryder]

Awww yisss, these are exactly the sort of updates I've been hoping for! Looking forward to having access to our shares again soon so we can get a real valuation.

[Bargraphics]

Alright I purchased one of these cards because I'm curious (And it went down $1,000 still making it a little high in price but much better). Let's see how long it takes to get to Florida.

[Flashman]

Awesome, that price is very competitive, I'd be stabbing myself right now if I'd ordered a BFL Monarch in the last 3 months...

I'm "all in" BTC at the moment, so hodling at this price level, or I would certainly have considered ordering myself.....

[cedivad]

Only thing that is clear is that he copy/pasted hashfast evo description.
http://virtualminingcorp.com/shop1/index.php?id_product=38&controller=product
http://hashfast.com/shop/yolievo/

So maybe he can finally explain why we need 250GB of storage (was 500GB before if i recall it correctly)
Posted from Bitcointa.lk - #wDqzUbLiYxa3zutm

[cedivad]

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

How do you know? Seems to contradict a lot of things out there.
Posted from Bitcointa.lk - #oM06rfKN3UmNQttO