Re: [BitFunder] IceDrill.ASIC IPO (500 Thash Mining Operation powered by HashFast)
(...)
Activemining, however, is a different story. They are completely dependant on Avalon/steamboat to meet their stated growth projections and maintain dividends until their own 28nm chips begin hashing.
From your buddies at BTCT:
Vbs is going to have to bring his increasingly inaccurate spreadsheet up to date eventually, because it's rapidly slipping from 'slightly off' to 'pipe dream that will never materialize.'
(...)
Activemining, however, is a different story. They are completely dependant on Avalon/steamboat to meet their stated growth projections and maintain dividends until their own 28nm chips begin hashing.
From your buddies at BTCT:
Quote
https://btct.co/security/ACTIVEMINING
An order of Avalon chips from steamboat's batch #1, for 68 Klondike-16 boards, rated at 68*16*282 = 307 GH/s;
An order of 20,000 Avalon chips (end of May and beginging of June orders), for a combined hashrate of 20,000*282 = 5,640 GH/s.
In total, around 6,377 GH/s, [WAS] expected to be fully operational in the middle of August.
An order of Avalon chips from steamboat's batch #1, for 68 Klondike-16 boards, rated at 68*16*282 = 307 GH/s;
An order of 20,000 Avalon chips (end of May and beginging of June orders), for a combined hashrate of 20,000*282 = 5,640 GH/s.
In total, around 6,377 GH/s, [WAS] expected to be fully operational in the middle of August.
Vbs is going to have to bring his increasingly inaccurate spreadsheet up to date eventually, because it's rapidly slipping from 'slightly off' to 'pipe dream that will never materialize.'
(...)
1) This is the IceDrill thread, so try to respect that.
2) Increasingly inaccurate? My estimation for August global hashrate (478TH/s) is still above the current mark, so it's still very valid. Months are unimportant, the only thing that matters for estimating profits is the global hashrate at the time when the hardware is put online.
Yes Vbs, "increasingly inaccurate" is increasingly accurate. The lapsing "middle of August" assumption is particularly untenable in light of Avalon's protracted delays/fiascos/implosion/intrigues and spiking difficulty.
It's only fair to dividend-oriented investors to correct inaccurate assumptions and stop misrepresenting ACTM's short-to-medium term hashpower.
I also notice your silent de facto consent as Goody Stuart/VE trashed ice.drill on the ACTM thread, and bragged about enjoying "shitting all over" this one, has suddenly reversed, now that your baby is in a similar situation here.
Turnabout is fair play!
