[ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]

[VolanicEruptor]

Also: Good to see we'll get to at least .0035~.0045 before gigantic walls. Something to look forward to I guess?

What are you looking at, exactly?  Please don't tell me cryptostocks

[zefyr0s]

if drawingthesun and lorenzo aren't able to find buyers for their shares, they'll have to do so when we have a trading solution some time in the future.

[VolanicEruptor]

Oh, your basing the share price on their outrageous asking prices.  LOL
I can do that too.. my 50,000 shares I have left are for sale for 10,000BTC!!!!

[zefyr0s]

Ridiculous compared to the price we left btct at and what bitfunder was before that and after, yeah. But not for them obviously. Also, that's a lot of shares that likely wouldn't end up on an exchange at a low price anyways, they'd just hold it.

e: I suppose if it's nothing more than play money for them, then 3 times the BTC wouldn't matter.

[JoTheKhan]

Quick question, so we have paid $674 under "Cost of Goods Sold" > "Freight and shipping costs". Does that mean we started shipping some product or are these other shipping expenses?

[neilol]

Company 3rd Quarter Reports

Thank you for these - some revealing info here, which looks mostly positive so far

[VolanicEruptor]

Quick question, so we have paid $674 under "Cost of Goods Sold" > "Freight and shipping costs". Does that mean we started shipping some product or are these other shipping expenses?

That would be the cost of shipping IN the tower cases and whatever else needed for the building.. Obviously no customers have received anything yet, as we are still waiting for overdue sample chips

[snowdropfore]

when the BF shut down ,the share price is 0.0006. and now you guys made a sell at 0.004~~0.006,and i miss something???

[VolanicEruptor]

when the BF shut down ,the share price is 0.0006. and now you guys made a sell at 0.004~~0.006,and i miss something???

The sale was never made, it was a pathetic attempt to pump the value.  
"I refuse to part with my toaster for less than 50BTC"

[drawingthesun]

when the BF shut down ,the share price is 0.0006. and now you guys made a sell at 0.004~~0.006,and i miss something???

The last trades on BF were 0.0015

My ask price is very expensive if ActiveMining does not hash, and if we do hash and gain 2%-5% of the network then my price is actually cheap.

If we get on an exchange before we are hashing then you can probably buy shares around 0.0005 and 0.002. However if we are hashing before we get on an exchange its likely my price will be quite low in comparison.

It all depends on one thing: will Ken deliver and gets us hashing? If you don't beleive we will you should've sold a long time ago.

[snowdropfore]

so buying your share is gambling？？

[drawingthesun]

so buying your share is gambling？？

I guess so, if Ken delivers the miners and we gain 2%-4% of the network the share price should reach an all time high, far higher than my price. If Ken fails then the shares are worth 0. In this respect all shares are a gamble.

Its actually really hard to be a true "investor" even in the real stock market. So many companies are tight lipped about their direction and future performance that it almost becomes a gamble. Look at Apple investors at the ATH they had for example.

[MilkyWayMasta]

With all this talk about a blacklist, do you guys see a future where "clean" Bitcoin are more valuable and therefore mining hardware becomes more popular because mining is the only way to get "clean" Bitcoin (no previous outputs)?? Do you think this should be advertised by mining companies?

[drawingthesun]

With all this talk about a blacklist, do you guys see a future where "clean" Bitcoin are more valuable and therefore mining hardware becomes more popular because mining is the only way to get "clean" Bitcoin (no previous outputs)?? Do you think this should be advertised by mining companies?

The idea of blacklists infuriates me. This is not so much because people are doing it, that will happen, but instead because it seems the foundation and a few core developers are behind the idea.

Remember that mined coins could be added to such a blacklist. The government might require all mined coins to go to an identified address (with Kens name on for example) and thus become clean, anyone mining coins and not submitting to the identification requirements will automatically be blacklisted.

So no, mining companies will not be a solution to the blacklist.

[somestranger]

With all this talk about a blacklist, do you guys see a future where "clean" Bitcoin are more valuable and therefore mining hardware becomes more popular because mining is the only way to get "clean" Bitcoin (no previous outputs)?? Do you think this should be advertised by mining companies?

The community is up in arms about this blacklist bullshit and I do not see it ever having a significant impact because the vast majority will ignore it.

[Vigil]

With all this talk about a blacklist, do you guys see a future where "clean" Bitcoin are more valuable and therefore mining hardware becomes more popular because mining is the only way to get "clean" Bitcoin (no previous outputs)?? Do you think this should be advertised by mining companies?

The community is up in arms about this blacklist bullshit and I do not see it ever having a significant impact because the vast majority will ignore it.

The masses won't if it means not being able to use Amazon.

[eikzbtc]

Selling 18.500 shares for 60Btc.

[drawingthesun]

Selling 18.500 shares for 60Btc.

Your price is way better than mine, maybe we should put together a google docs?

|who	|amount	|price	|price per share
LorenzoMoney	169,000	1014	0.006
drawingthesun	114,425	500	0.004369
eikzbtc	18,500	60	0.003243

[VinceSamios]

A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave.

You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations.

I think we already got the report, being the total sales for october. The detailed report he mentioned might be for another time.

how about a report on that promise of 20TH/S he seemed to pull out of his ass?
yeah.. that's what I thought..

It also looks like he deleted his own post which referred to the 20TH/S he was going to deliver.. he must think we all have amnesia

20Th/s? I must've missed that entirely. What are the details of said post?

Ken doesn't speak of details.  He was as vague as that. 
20TH/S were supposed to go online within 2 weeks, and that was more than 2 weeks ago..
It is very disturbing that he deleted that.. I hope you all realize that before he deletes this too

I know there are at LEAST a few shareholders who recall this.  Maybe it wasn't 20, but I can't remember the exact amount because Ken deleted his own post.. pathetic

This is what he said:

"London, UK – October 30, 2013 – Active Mining Corporation (AMC) today announced that they have added over 1TH+ to their hashing rate.  This additional hashing rate has been added from the 68 Klondikes and 1088 Avalon chips that were ordered last May 3rd, plus the addition of other hashing resources.  This brings ActiveMining's hashing resources to a total of ~1.4 TH/s.  Over the next few weeks ActiveMining expects to add up to an additional 3 TH/s to their mining operation. "

[VinceSamios]

A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave.

You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations.

I think we already got the report, being the total sales for october. The detailed report he mentioned might be for another time.

how about a report on that promise of 20TH/S he seemed to pull out of his ass?
yeah.. that's what I thought..

It also looks like he deleted his own post which referred to the 20TH/S he was going to deliver.. he must think we all have amnesia

20Th/s? I must've missed that entirely. What are the details of said post?

Ken doesn't speak of details.  He was as vague as that. 
20TH/S were supposed to go online within 2 weeks, and that was more than 2 weeks ago..
It is very disturbing that he deleted that.. I hope you all realize that before he deletes this too

I know there are at LEAST a few shareholders who recall this.  Maybe it wasn't 20, but I can't remember the exact amount because Ken deleted his own post.. pathetic

This is what he said:

"London, UK – October 30, 2013 – Active Mining Corporation (AMC) today announced that they have added over 1TH+ to their hashing rate.  This additional hashing rate has been added from the 68 Klondikes and 1088 Avalon chips that were ordered last May 3rd, plus the addition of other hashing resources.  This brings ActiveMining's hashing resources to a total of ~1.4 TH/s.  Over the next few weeks ActiveMining expects to add up to an additional 3 TH/s to their mining operation. "

source: https://asktom.cf/index.php?topic=297543.msg3445996#msg3445996