Ninjastic
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Re: [ActiveMining] The Official Active Mining Discussion Thread
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on 02/09/2013, 12:27:48 UTC
Quote from: Bargraphics on September 02, 2013, 11:55:15 AM
Quote from: Mabsark on September 02, 2013, 11:35:54 AM
Quote from: alexius89 on September 02, 2013, 08:25:51 AM
Quote from: snowdropfore on September 02, 2013, 08:21:42 AM
Quote from: thefunkybits on September 02, 2013, 08:18:45 AM
Quote from: Plazma on September 02, 2013, 07:00:52 AM
Still best company to invest in.

ActM have 430 Gh/s online. In the next week, Labcoin will be bringing 10x that hashing power online. Over the next 2 weeks, ActM's price is going to drop to about 0.001 BTC and stagnate there till November when they bring some hashing power online based on their sample chips. Until then, they're stuck with the 430 Gh/s they currently have.

So yeah, now is an excellent time to invest in this company, honest!

Perhaps one of you lunatics can explain something? Why do you think ActM is worth more than 0.001 BTC while LC is worth less than 0.01 BTC and will have 10x the hashing power within the next week?


You keep repeating the same shit, first off I'm going to report this to the moderators for spam since you have stated this same thing 8 times.

Second off, no one is buying Shares of ActM for their current hashrate, the price of shares does not reflect that. If you want to go buy shares based on current hashrate go buy Lab Rat Mining shares.

The shares are valued at potential of the company. obviously we value ActM's potential a lot more than Labcoins. It's fairly Obvious Labcoin is needlessly spending money on old technology to try to trick shareholders into thinking they will be able have sustainable hashrate by going to 130 to 55 to 28 or whatever their plan is. It's cheaper/faster/more sustainable to go right to 28nm and have not "trick" shareholders with a meaningless 4TH.

Lolz.  Why, exactly, does ActM have "potential," and how does one go about evaluating this potential?
From reading Ken's first post in this thread:

"ActiveMining is a virtual identity totally owned by the Active Mining Corporation (Belize) that represents both itself and its profits. ActiveMining's business includes cryptocoin mining and sales of self-built ASIC devices through its wholly owned subsidiary Virtual Mining Corporation (VMC)."

So, let's see...  

Cryptocoin mining:  
     Promised: "In total, around 6,377 GH/s, expected to be fully operational in the middle of August."
     Delivered:  430 GH/s, a lulzy fraction.

Self-built ASIC devices:  None.  There is an NDA with eAsic, beyond this we know nothing.  Not even whether any money has changed hands.

Corporate assets:  Probably.  No figures are available.

Management Team:  Ken's family.
   Qualifications:  Last name "Slaughter."

What ROI is a rational investor to expect from this venture: Huh