[ActiveMining] Official Shareholder Discussion Thread [Moderated]

[Stuartuk]

Selling the shovels is the key as we have always known.

The common belief is that hardware stores made more from the gold-rush than did the miners. Maybe, but gold mining is still happening in all areas of the world today and the supply stores have all gone. What has replaced the panners and miners of old is industrial-scale gold mining. While the equipment may have just got bigger (diggers, excavators, lorries, grinding machines instead of pans and picks) I would think most of the profit is now made by the mining companies and not the firms who supply the mining equipment?

[1714912071]

1714912071

[JimmyJazz]

1. Take the 3.5ph being manufactured this month.

2. Mine with it.

3. Reinvest half to build more machines and pay off your dues.

4. Keep adding hashrate to keep up with difficulty, add some miners to the store.

5. Miners will sell as people see the machines actually work.

6. Rinse repeat

7. Do not forget to keep research and development up.

[JoTheKhan]

1. Take the 3.5ph being manufactured this month.

2. Mine with it.

3. Reinvest half to build more machines and pay off your dues.

3.1 Higher some GREAT engineers (Build a very knowledgeable team).

4. Keep adding hashrate to keep up with difficulty, add some miners to the store.

5. Miners will sell as people see the machines actually work.

6. Rinse repeat

7. Do not forget to keep research and development up.

[sparky999]

While all the progress is great, I really feel like we need to be at 1Ph of equipment mining by the end of May and 2Ph by end of July to be in with a shout of still being a decent player in the mining game by year end. Difficulty is going to go through the roof the next 3 months.

[Bargraphics]

Fast-Hash One Prospector Guide


Need to Purchase for each Card

Port USB A Female Slot Plate Adapter (USBPLATE) - 1 (Comes with two)
http://www.amazon.com/gp/product/B0000511LW/ref=oh_details_o00_s00_i01?ie=UTF8&psc=1

C&E 6-Feet USB 2.0 A Male to A Male Cable - You don't NEED 6 Ft but it was like $1.00 more for an extra 3 Ft. - 1
http://www.amazon.com/gp/product/B00CJRV3CG/ref=oh_details_o00_s00_i00?ie=UTF8&psc=1

Corsair RM Series 650 Watt ATX/EPS 80PLUS Gold-Certified Power Supply - CP-9020054-NA RM650 - 1
http://www.amazon.com/gp/product/B00EB7UIRS/ref=oh_details_o00_s00_i00?ie=UTF8&psc=1

Corsair Hydro Series Extreme Performance Liquid CPU Cooler H80i - 1
http://www.amazon.com/gp/product/B009ZN03AA/ref=oh_details_o01_s00_i00?ie=UTF8&psc=1

Antec Nano Diamond Thermal Compound Formula 6 - Recommended to me
http://www.amazon.com/Antec-Diamond-Thermal-Compound-Formula/dp/B004AGXHMS

#8-32 Hex Nuts - 4
http://www.lowes.com/pd_58063-37672-490619_0__?Ntt=490619&UserSearch=490619&productId=3035951&rpp=48



Setup

Each box should contain the following:
(1) Board
(2) Finned Heatsinks
(2) Thick purple thermal pads

Thermal Pads/Finned Heatsinks go on this portion of the board


Unscrew the screws under the heatsinks


Peel off the film on the Thick purple thermal pad (Front and Back), stick one under each heatsink - *Be sure to poke holes where the screws should go*


Screw in the heatsinks to the board



Wipe all of the thermal compound off the chips (if there is any)

Wipe all of the thermal compound off the heatsink (if there is any)

Smear (Don't Dab) the Antec Nano Diamond Thermal Compound on the chips. I've been told less is more but to full cover them.

Since the H80i's mounting kit simply doesn't work with these boards you will have to do some weird stuff unless you want to buy correct standoffs (I Found that buying just the nuts was easier)

I Labeled the following image to make it easy (This is the mounting kit that comes with the H80i)

A goes under the board just as it is
D (The Standoffs) screw into A on top of the board (Longer Side)
B goes on top of the cooler first (To create spacing to get a tight fit
C goes on top of B on the cooler
Use the #8-32 Hex Nuts to attach the cooler to D (The Standoffs)


Once you are done it should look something like this:



Screw the Fan that came with the H80i onto the Radiator with the screws (E) located in the mounting kit

Now to prepare your PSU

You only need the following cables:

2 x 6 Pin PCI-E - (Plugs into the Board)
1 x 24-pin ATX cable (Paperclip trick to turn it on - http://www.seasonic.ru/media/uploads/jump-start-3.jpg)
1x Sata Power Cable (to power the pump)

Once you have the PSU setup, plug your PCI-E's into the board (Make sure your PSU is off guys!)


Plug your the cord from the Cooler into the Sata Power Cable and into the board (Sata is under the board in C) (into the board in B)
Plug your Fan on the radiator to the board on any of the open places (I put mine in A)


Now plug one of your Port USB A Female Slot Plate Adapter (5-Pin) into the board


Plug your USB 2.0 A Male to A Male Cable into the USB A Female and into your computer (host)


Download the Latest CGMiner - http://ck.kolivas.org/apps/cgminer/

Install WinUSB if needed - http://ck.kolivas.org/apps/cgminer/zadig/

Start it up and it should run!


I highly recommend you have a large fan blowing on the board to keep it cool else it WILL throttle if you try to OC it. I use one similar to this THIS
You also should have it somewhat in the air so that the bottom side of the board can be cooled as well
I also recommend using Linux with CGMiner as it has been crashing with Windows somewhat

To OC simply make a .bat file inside your CGMiner with the following conditions (Thank you MrTeal)

Code:

cgminer.exe --hfa-fan 100 --hfa-hash-clock 720
pause

Here is my mining address with 2x Prospectors on it (Prospector1 is the worker name)
http://eligius.st/~wizkid057/newstats/userstats.php/1FscNBYzd5CqDzUVQ9YapLQNtLbswkM4NL

Here is the latest screenshot of CGMiner with the 720 OC Settings


Here are some uncropped pictures

http://imgur.com/a/ymn4X#0

[Ozymandias2]

1. Take the 3.5ph being manufactured this month.

I don't think all 5,000 boards will be populated with chips this month. I think a more realistic estimate would be 2-3 months

2. Mine with it.

3.5ph/s * 1w/gh = 3.5MW which seems like it would be more power than our little datacenter can handle (especially since Ken said he plans on hosting a maximum of 800th/s) thereby making most of the subsequent points moot.

As long as being a Hash Fast reseller isn't our endgame, I think ActM should maximize sales so as to build up capital for mass production of ActM's own chips which should carry a greater profit margin than acting as a reseller.

[JimmyJazz]

1. Take the 3.5ph being manufactured this month.

I don't think all 5,000 boards will be populated with chips this month. I think a more realistic estimate would be 2-3 months

2. Mine with it.

3.5ph/s * 1w/gh = 3.5MW which seems like it would be more power than our little datacenter can handle (especially since Ken said he plans on hosting a maximum of 800th/s) thereby making most of the subsequent points moot.

I don't care about facts or opinions. This is what should be done.

[Ozymandias2]

1. Take the 3.5ph being manufactured this month.

I don't think all 5,000 boards will be populated with chips this month. I think a more realistic estimate would be 2-3 months

2. Mine with it.

3.5ph/s * 1w/gh = 3.5MW which seems like it would be more power than our little datacenter can handle (especially since Ken said he plans on hosting a maximum of 800th/s) thereby making most of the subsequent points moot.

I don't care about facts or opinions. This is what should be done.

Well shit then, with that kind of attitude you should be a politician! 

[Bargraphics]

Ken, please do not forget the extra purple thermal pad when you ship more miners! Luckily I had some leftover thermal pad (not nearly thick enough though) from when I setup the chilis 5 months ago so I used that but I'm pretty sure that is what is throttling that particular mining a tad as the contact just simply isn't the best.

[drawingthesun]

3.5ph/s * 1w/gh = 3.5MW which seems like it would be more power than our little datacenter can handle

Remember Bargraphics knows a guy that can host the entire amount. If we need to it's doable.

[Stuartuk]

1) If the data centre reaches capacity (volume or power) then we open another one.

2) Rise repeat.

3) See above

4) There is no 4

5) Why are you still reading this?

[Bargraphics]

There are some things i would be curious to know...

1) Bargraphics, the pics you posted have a Coolit cooler. How did you get that?
2) The board is different from an "evo" one, but yet it seems to reach 750GH with ease.

Evo: http://hashfast.com/wp-content/uploads/2014/02/Yoli-Evo-board_FINAL-white-WEB-e1392926017925.png
Yours: https://i.imgur.com/D5OrSKj.jpg
First gen hf: http://hashfast.com/wp-content/uploads/2013/12/Module-Measurement1.jpg

So the board shipped is really similar to a first gen HF, just with double the hashrate and a Coolit cooler that i don't understand the source off.
Posted from Bitcointa.lk - #skhUO73fASpFLfNI

Ah, thought I answered this. Must have forgot to click post yesterday

The CoolIt Cooler came already attached to my board (The first board I ordered) - I assume this was a gift from Ken for probably being the first order which I appreciated because I was able to get that board up right away without any issues.

The boards do not reach 750GH with ease. CGMiner was bugging out badly. After getting them running stable and OC to 720 Clock Speed that particular one runs at about 520GH on CGMiner which mostly corresponds with what Eligius is saying.

Ken forgot one of the purple thermal pads for the metal heatsinks and I had to use some not so great ones I had laying around. The board I put the H80i on is only getting about 505GH and I think it is because of this.

[Bargraphics]

3.5ph/s * 1w/gh = 3.5MW which seems like it would be more power than our little datacenter can handle

Remember Bargraphics knows a guy that can host the entire amount. If we need to it's doable.

They are already in talks with Ken, maybe something will work out or Ken could have it all under control. It's always nice to have options!

[Ozymandias2]

3.5ph/s * 1w/gh = 3.5MW which seems like it would be more power than our little datacenter can handle

Remember Bargraphics knows a guy that can host the entire amount. If we need to it's doable.

Actually I didn't remember that, if it would not require to much effort+time+money then perhaps expanding to multiple datacenters would be the way to go though I'd have to run the math on that to confirm (and that's nigh impossible due to most variables being unknown). I suppose the best I can do is just watch what happens until more info is available (rent + power costs on datacenter(s), cost of boards, rate of production of complete miners, profit margins, etc.).

3.5ph/s * 1w/gh = 3.5MW which seems like it would be more power than our little datacenter can handle

Remember Bargraphics knows a guy that can host the entire amount. If we need to it's doable.

They are already in talks with Ken, maybe something will work out or Ken could have it all under control. It's always nice to have options!

First Peoples ASIC, now a potential additional datacenter, why are you not on salary?

[ChefBorjan]

3.5ph/s * 1w/gh = 3.5MW which seems like it would be more power than our little datacenter can handle

Remember Bargraphics knows a guy that can host the entire amount. If we need to it's doable.

DTS... weren't you jumping ship the moment our shares were available again?

[cedivad]

Well, it's interesting to know that the board is not a first gen HF or a EVO, since that it reaches 500GH (first gen HF shouldn't, at least from the reports i remember).
And it's also interesting to know that you are going to put out 3PH this month... It's impressive.
Posted from Bitcointa.lk - #O0XuNZv2U7nQcO3c

[Bargraphics]

First Peoples ASIC, now a potential additional datacenter, why are you not on salary?

I wish the salary would be some dividends! I have a lot of connections and I try to help out whoever I can if I see a good fit.

[ChefBorjan]

Well, we appreciate your efforts!

[Ozymandias2]

People keep mentioning that ActM is going to put out 3-4ph/s this month but I just cannot see that happening. The closest thing that Ken has said regarding this is:

Yes, this [EVO] is the board that we are building 5,000 in April.

As much as I want to believe that ActM will add 6-8% of the network hashrate in a single month, the above quote only references building the boards, not necessarily the completed board+chip miner. Until Ken confirms that he plans on building 5000 completed miners in April-May, I think conservatism is more appropriate.

As an added piece of speculation, the reason for adding a mere 100th/s per month to the self-mine farm is the limiting factor of chips. I do not believe ActM has thousands of chips ready to go and instead is likely buying them a couple hundred at a time which are then split into sales and the self-mine farm the revenue from which is used to buy more chips the following month. Having the boards ready made IS a good thing since the only thing that will need to be done to complete the miner is to throw the chip onto the board, but until I am corrected by Ken, I do not believe that it is a safe assumption that we will have 5000 boards AND 5000 chips this month.

First Peoples ASIC, now a potential additional datacenter, why are you not on salary?

I wish the salary would be some dividends! I have a lot of connections and I try to help out whoever I can if I see a good fit.

Your help is very much appreciated! Dividends would indeed be fantastic!

[Stuartuk]

Multiple data centres is preferable to a single mega one for an important reason - fire risk. A damaged cable or water leak could cause arking then a local fire and in the dry heat with lots of air movement combustion of boards and plastics would easily occur and spread. Months of outlay and time could be lost forever inside an hour. Spread the risk.