Post
Topic
Board Securities
Re: [Active Mining] The UNofficial Active Mining Discussion Thread [UNmoderated]
by
VolanicEruptor
on 10/01/2014, 02:35:23 UTC
This was an epic post.  I think there's another one with even more outlandish profit projections in it.

SPRINGFIELD, MO, – May 29, 2013 – VMC a manufacturer of the Fast-Hash Bitcoin Mining Machines has announced today that they will purchase a second full batch (10,000) of Avalon chips to build ~31 Fast-Hash-80's for AMC should AMC provide the capital in the next few weeks, this would bring AMC's machine total to ~71 units. The ~71 machines will bring the cooperatives hash power to ~5,650,816 MH/s, ~35,651 GH/s, or ~5.651 TH/s. At the current Difficulty (which may be more or less in the future) of 12,153,412 this will bring the estimated total revenue as of this writing to a total of $30,318.86 per day and a yearly amount of $8,681,346.78. Active Mining Corporation is a Vanuatu International Business Company DBA Active Mining Cooperative (AMC).
https://bitcointalk.org/index.php?topic=219636.0;topicseen

This extremely exaggerated projection completely wipes out any chance for Ken to explain to the judge "Look, I have 4 avalons running that produce $200/day!"
Previous scammers have lost their battle due to impossible projections like this to their shareholders/victims...

You might want to stop jumping up and down and screaming as Active Mining Corporation (Belize) has not made any projections at all.  The shares to the company above are all owned by Active Mining Corporation (Belize).