Quote from: keepinithamsta on January 02, 2014, 01:58:28 AM

Quote from: SebastianJu on January 02, 2014, 01:10:13 AM

Quote from: kslaughter on January 02, 2014, 01:00:32 AM

Weekly Update 1/1/14

Happy New Year!

The new year looks bright for Active Mining as we continue to assemble our miners for quick delivery.

Not a lot of changes from last weeks update:

We are also continuing to develop our Intellihash program and with our 2013 sales at $6,311,788.33 we have a very good share of the market.

We have been working 100% on our core business.

ActiveMining-PR Staff

If you really assemble then why no picture of it? I mean its easy as pie to do.

I think Ken is confused. By "we continue to assemble our miners for quick delivery" he means that he's putting power supplies into cases.
There's still no proof that there's even a set 16 chips that have been reflowed onto a board and has produced any hashing power. Just pictures of cases, power supplies, and fans.
I'm just ignoring the fact that we don't have our shares because without working chips, the shares are pointless regardless.

We had an influx of extra coin from BTCGuild on or around Nov 11th, if I recall. This was, more than likely, the result of a prototype mining. So we have some proof of chips. I believe this was when Ken realized the necessity of Intellihash, though. As a result, we are waiting - again. Lets also remember that eASIC is not simply going to fail to deliver chips. The question of, "Is there even a chip?!" ala Labcoin should be long satisfied. eASIC is in charge of the chip development and ActM will have said chips. The question is whether or not ActM will have this technology in time to compete and turn a profit for investors.

Quote from: Mabsark on January 02, 2014, 01:59:01 AM

Quote from: kslaughter on January 02, 2014, 01:00:32 AM

Weekly Update 1/1/14

Happy New Year!

The new year looks bright for Active Mining as we continue to assemble our miners for quick delivery.

Not a lot of changes from last weeks update:

We are also continuing to develop our Intellihash program and with our 2013 sales at $6,311,788.33 we have a very good share of the market.

We have been working 100% on our core business.

ActiveMining-PR Staff

If the whole of that $6,311,788.33 was distributed to the 10 million shares, each share would get $0.63, which at 800 USD/BTC would be 0.00080562 BTC per share.

Right. So given that this amount was raised completely in Q4 then we can multiple it by 4 for an accurate share value for the year: 0.00322248.

P.s. This is not a good way to evaluate share value, but if we're doing it let's complete the method.