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

[Bitdust]

1.9GH/s and 2.5W, estimated end of profitable hashing:
0.20 $/kWh - July
0.15 $/kWh - August
0.10 $/kWh - September
One month extra if BTC at $2k. From selling point, it can make wide customer base for future 28nm but needs high volume, no preorders, sell at costs, deliver on time.

How about 0.017 $/kWh  

A simple interpolation of his figures would suggest mid-July.

But that assumes his maths above is correct.

I'd like to see the figures on this - what difficulty increased have you presumed kactech? Please show us your calculation.

0.017 not 0.17

What's the point of calculating electricity costs when none of the significant costs (chips, boards, BOM ) are known?  

[Ozymandias]

Ken - any comment on the shares that appear to have been traded on crypto-trade? How is that possible? Please confirm or deny any knowledge...

We are selling Ukyo shares on Crypto-Trade to recover our losses on Bitfunder.

[zumzero]

Nice move with the shares on Crypto-Trade Ken and well priced too!  

[Ozymandias]

I anticipate a bloody battle between fringes for the next 2-3 weeks or so.

Popcorn at the ready!

[snowdropfore]

Nice move with the shares on Crypto-Trade Ken and well priced too!  

did you think actm worth 0.01 now??

[stenkross]

Nice move with the shares on Crypto-Trade Ken and well priced too!  

Except for the small issue of no buyers @ that price.

[zumzero]

Have a longer think about why they are priced where they are.

[sparky999]

Have a longer think about why they are priced where they are.

Am I right in thinking 2300ish bitcoins is roughly what ukyo owes for the weexchange scam?

edit: in total not just to active mining obv

[stenkross]

Have a longer think about why they are priced where they are.

He .... does not want to sell the shares?
Seem kinda odd to even put them on sell order though, but that will be the effect.

[Bitdust]

Have a longer think about why they are priced where they are.

Another fiendishly clever ploy by Ken Slaughter?!

[wasubii]

how many shares were seized from Ukyo?

[drawingthesun]

I think cryptotrade has never had 2320 bitcoin through their site in the entire time it's been up.

[zumzero]

Have a longer think about why they are priced where they are.

He .... does not want to sell the shares?
Seem kinda odd to even put them on sell order though, but that will be the effect.

If this is your starting point then you need to go a few layers deeper, then read VE's post again.  I will say no more.

[drawingthesun]

how many shares were seized from Ukyo?

It looks like 232,000.

[zumzero]

Please don't throw stuff like that around DTS without evidence.  That sort of guessing just stirs up shit.

Look at the BF records for a shareholder with that exact number of shares, before starting rumours.

Edit: DTS's post above has been edited to remove his speculation.

[wasubii]

Exactly. Perhaps we can have some clarification from the big man himself....ken?

[drawingthesun]

Ok I edited my post, although some of that 200,000+ is certainly UKYO's

[Bitdust]

how many shares were seized from Ukyo?

It looks like 232,000. Unless that includes Ken's personal 100,000  shares he bought with his own money.

zumzero is going to snap up those shares if you don't ACT NAO!!1!

[drawingthesun]

zumzero is going to snap up those shares if you don't ACT NAO!!1!

This brings up an interesting point, I wonder how many ActM investors have several thousand Bitcoin?

[Bitdust]

zumzero is going to snap up those shares if you don't ACT NAO!!1!

This brings up an interesting point, I wonder how many ActM investors have several thousand Bitcoin?

Tomorrow all of you will be fabulously wealthy.  To the idlers on the sidelines:  Buy buy buy buy!!!!!11