Please provide concrete, empirical evidence for your claim. Opinions based upon feelings are fluff.

We have definite evidence that Ken really does have a deal under NDA with eAsic. Many people from this thread have spoken with Ken personally. Nothing Ken claims is outrageous. He is not proposing a liquid Nitrogen, quantum computer miner.

Ken may not be good at keeping the shareholders and public informed of the details of what he is doing, but he ID put a PR person in place, and his pattern is to actually listen and pay attention to what people suggest to him.

IF he was a true grifter, he would have fled long ago.

The evidence suggests that we all (meaning all bitcoiners looking into the next gen miners) are waiting for the same thing, which is for Asic Miner or some other company,to finalize design and manufacture plans.  

So far, everything Ken claims is a technological and business possibility. We can talk to Ken, we know where he lives, and your comments are unsubstantiated. Ken is NOT an "old school grifter". Ken IS an old school dreamer and this dream is being realized through negotiation and out sourcing design and manufacture of the chips.

Let's talk about something related. What if, the deal with eAsic is real, and in September or October, the chips flow in, and ActM has better chips faster and before anyone else. And what is ActM ends up mining their own hardware, and selling mining hardware and does well? And what if, with those revenues, ActM does the next thing and develops the following generation of miner, or expands in to other areas of bitcoin development.

Well, that is likely to happen, and more likely than your doom scenarios given what we know about what is in the planning development and negotiation stages.


My take on all this is that right now we are seeing bargain prices and that in January or February of 2014, people will be regretting not having bought more now.