Quote from: Justin00 on January 18, 2014, 01:45:21 AM

I thought they made the ASICS and devliered and everything ?? whats wrong with the company ?? or is it just the mining part... someone summarise pls

?

Ken said he shipped out some stuff in Novermber, and I have no idea what. Then he:

Quote from: kslaughter on December 26, 2013, 12:21:08 AM

Weekly Update 12/25/13

Merry Christmas and Happy New Year.

Here is a picture of our manufacturing line for assembling miners.

Assembly Line

We are working on assembling everything, so when our boards and chips arrive, we can ship the miners fast.

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

Quote from: kslaughter on January 09, 2014, 12:41:52 AM

Weekly Update: 1/8/13

Question From VinceSamios:

Quote

Update Requests:
When and Where will we be able to trade shares?

Crypto-Trade and ChromaWallet (colored Coins). As soon as we get time to finish the
verification interface; however, our core business comes first and working on Intellihash.

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When is the first batch of chips/boards supposed to arrive at VMC Assembly?

Our engineers are still designing our board. We had to change our engineering firm, and
learn a few lessons about hiring an engineer firm. We don't have a date at this time.

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What do you estimate the ActM hashrate be at the end of January, February and March?

Due to our inexperience with design, we have had a few set backs; however, we have hired
the most competent RTL design team to make sure that when we spin up our chip it will work. They are
very competent at Low-Power and getting the most speed from the chip.

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Do you have any more accurate energy efficiency figures yet? w/GH?

Not at this time.

Comment From The CEO

How I see us going forward is we will get our chip and boards into production as soon as possible. Active Mining is in one of the best positions to take advantage of the Bitcoin network. Once we have our chips and boards in production this year we will be one of only two companies in the world which manufactures Bitcoin mining hardware and also mines. With this combination we have unlimited availability to bitcoin mining hardware only limited by our resources. What I see in the future is bitcoin's exchange rate for USD going to over $10,000 in the next year. If this happens Active Mining with its own chip, our current resources which will be increasing with the exchange rate, and eASIC as our partner will put us in an excellent position to dominate our market. Intellihash will just be an added boost should it turn out to be a game changer.

Kenneth E. Slaughter, CEO/CTO

Forward Looking Statements:

This press release contains forward-looking statements, including, without limitation, statements related to VMCs future sales and the value of bitcoin and future hashing rates. Words such as "expects" and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon VMCs current expectations. Forward-looking statements involve risks and uncertainties. The companys actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation, economic conditions, customer business environment and inventory levels, government and technological factors outside of our control, adoption and roll-out of products, risks related to ability to capitalize on growth opportunities and markets, risks related to our ability to manage our growth and other risks that may cause our business, industry, strategy or actual results to differ materially from the forward-looking statements. VMC expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein.

Active Mining PR-Staff

Quote from: kslaughter on January 15, 2014, 04:51:59 AM

Weekly Update 1/15/2013

Here in San Jose working with our partners to move our projects down the line. The RTL problem has been solved and I will be releasing more information about this over the next month. I will also over the next month be releasing the timeline on our chips as the information becomes available to us.

Kenneth E. Slaughter, CEO/CTO
Active Mining Corporation
Virtual Mining Corporation