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mainline
Newbie
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Activity: 56
Merit: 0
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January 30, 2014, 10:06:22 PM |
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@SebastianJu: Yeah, you could be right, and I don't know either. The closest I got to electricity price shopping was opening ConEd bills  All I'm saying is people tend to grab good looking numbers and run with them as if they were facts, while the reality could be quite different. The .02 could be available every other Wednesday when the moon is full. The hosted customers have no cause to question it or complain because they never see the bill - they are paying $0.2669 regardless. Sorry pull this off on a tangent - there are much heavier-weighted variables than electricity cost for ASIC mining right now. The difficulty growth rate is going to escalate over the next few month - a bunch of big players are just starting to ship. Discussing electricity costs with no silicon to use that electricity, no power consumption data that could be taken seriously (Ken's claim that he'll be using the same boards for his 55 and 28nm chips show that he's either clueless or lying, making the rest of the stats meaningless). |
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Ozymandias
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January 30, 2014, 10:21:21 PM |
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Seems like everyone is having delays.
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finlof
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January 30, 2014, 10:54:24 PM |
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Miner; KnC have created a product, and shipped said product. Ken has not yet.
No the point is about getting proof about statements or claims made about peoples background and experience. Nothing to do with what KnC do today, but what they claimed to be doing 25 years ago (combined). impossible to have a logical discussion with someone that just wants to argue and derail the discussion by focusing on stuff that has nothing to do with this company. i would suggest that everyone put minerpart on ignore. he is waaay more dangerous than crumbs/mainline/ve/etal. |
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minerpart
Sr. Member
Offline
Activity: 280
Merit: 250
IIIIII====II====IIIIII
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January 30, 2014, 11:15:10 PM |
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impossible to have a logical discussion with someone that just wants to argue and derail the discussion by focusing on stuff that has nothing to do with this company.
Just making a point about providing proof. I don't have Ken's certificates. You should have been asking these questions about his credentials 6months ago before you invested, it's a bit late now to be asking for this evidence - least of all from a fellow investor. I'm taking Ken at face value, that's what's called investor confidence. I also realise as an open and exposed individual who has involved his close family in this company that he has a lot to lose from outright lieing to shareholders. |
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drawingthesun
Legendary
Offline
Activity: 1176
Merit: 1017
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January 30, 2014, 11:46:33 PM |
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Are we trading yet?
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zumzero
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January 31, 2014, 02:11:19 AM |
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Excellent link, thanks. Are we trading yet?
Hell yeah! I just bought up all your shares mofo, at a bargain basement price of 0.0009 no less. |
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MilkyLep
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January 31, 2014, 02:17:12 AM |
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Ken whats the update about share verification? How long do you expect it will take to have everyone's shares verified and listed on Crypto-Trade? Has the back-end of the claim site (or however you're doing this) been finished? |
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kslaughter (OP)
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January 31, 2014, 02:23:12 AM |
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Update on trading and wafers:
It is going to be a few more days before, I can get the verifying program uploaded to the server.
I have been busy getting on the February UMC production run for our 55nm chip.
We are going to get 6 Wafer in the middle of April with about 1 week to package the chips. Based on our estimated yield of 6,800 chips per wafer this give us 40,800 chips for a total hash rate of 77.52 TH/s. Next we are going to receive 19 wafers by the end of April for a total of 245.48 TH/s, giving us 323 TH/s. In May we will be able to get all of the wafers we want to run.
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kslaughter (OP)
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January 31, 2014, 02:24:12 AM |
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Ken whats the update about share verification? How long do you expect it will take to have everyone's shares verified and listed on Crypto-Trade? Has the back-end of the claim site (or however you're doing this) been finished? Yes, I just have to set it up on the server. |
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JoTheKhan
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January 31, 2014, 02:24:51 AM |
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@ Ken what is the procedure for the share verification. Can you tell us ahead of time incase any of us need to get old paperwork, dig out old wallets ahead of time?
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zumzero
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January 31, 2014, 02:32:33 AM |
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Thanks Ken. Looks like it will be a busy year for ActM. Full steam ahead!  |
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kslaughter (OP)
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January 31, 2014, 02:33:13 AM |
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@ Ken what is the procedure for the share verification. Can you tell us ahead of time incase any of us need to get old paperwork, dig out old wallets ahead of time?
Sure, you will need the email address you want to use on CT, if you have an account already the shares will just be added to that account, if you don't then an account on that email will be created and the shares added to that account. Next you will need the date and time of your transfer to AMC-TENDER and the Number of shares tendered. To be verified the data must match our transfer records from bitfunder. |
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kslaughter (OP)
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January 31, 2014, 02:34:58 AM |
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Thanks Ken. Looks like it will be a busy year for ActM. Full steam ahead! Yes, everything is coming together. Our project manager is keeping everyone working together and the project moving forward. |
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JoTheKhan
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January 31, 2014, 02:44:18 AM |
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@ Ken what is the procedure for the share verification. Can you tell us ahead of time incase any of us need to get old paperwork, dig out old wallets ahead of time?
Sure, you will need the email address you want to use on CT, if you have an account already the shares will just be added to that account, if you don't then an account on that email will be created and the shares added to that account. Next you will need the date and time of your transfer to AMC-TENDER and the Number of shares tendered. To be verified the data must match our transfer records from bitfunder.Thank you. |
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zumzero
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January 31, 2014, 02:45:01 AM |
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Thanks Ken. Looks like it will be a busy year for ActM. Full steam ahead! Yes, everything is coming together. Our project manager is keeping everyone working together and the project moving forward. I do that job in a totally unrelated industry and to hear that gives me enormous confidence. We might have been slow out the gates but fingers crossed we can build enough momentum to start overtaking the competition. |
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mainline
Newbie
Offline
Activity: 56
Merit: 0
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January 31, 2014, 02:48:21 AM |
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Update on trading and wafers:
It is going to be a few more days before, I can get the verifying program uploaded to the server.
... ...Once the verifying program is on the server, I will facilitate further forward-looking projections. |
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mainline
Newbie
Offline
Activity: 56
Merit: 0
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January 31, 2014, 02:51:03 AM |
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...I do that job in a totally unrelated industry and to hear that gives me enormous confidence. We might have been slow out the gates but fingers crossed we can build enough momentum to start overtaking the competition. OMG I fell and broke my hip! HAELP!
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wolfbiter
Newbie
Offline
Activity: 11
Merit: 0
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January 31, 2014, 02:55:03 AM |
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@ Ken what is the procedure for the share verification. Can you tell us ahead of time incase any of us need to get old paperwork, dig out old wallets ahead of time?
Sure, you will need the email address you want to use on CT, if you have an account already the shares will just be added to that account, if you don't then an account on that email will be created and the shares added to that account. Next you will need the date and time of your transfer to AMC-TENDER and the Number of shares tendered. To be verified the data must match our transfer records from bitfunder.Thank you. What if we did not transfer our shares on Bitfunder to AMC-TENDER? |
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