Post
Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
by
Bargraphics
on 21/01/2014, 14:58:54 UTC

Thank you for taking the time and expense to do this Bargraphics, I appreciate it.

Did Ken allude as to what the extra "Hashpower" that came online last Year was from?

Ah I totally forgot about that.

He did, it was from CEX.io (I believe this was either speculated or found out already)

He dabbled in that in the meantime to try and get extra dividends to shareholders. He ended up selling off the hashrate and he said he made a profit on it which would go to shareholders.

As far is this is concerned as soon as he told me this I said that buying hashpower from CEX.io reeks of scam even if the company is legit so it was a bad move. However I was a little more forgiving since he said he was able to get a profit for the shareholders (even though it wasn't much). It seemed more of him testing that site to see if potentially that might be something ActM would want to do in the future (Everyone knows CEX.io needs some competition).

Also to clear up any speculation about the shipped product, it wasn't chips or a hashing miner as he clarified that with me.

Obviously a lot of you had huge expectations on what "Products" or additional hashrate could be. You set yourselves up to be disappointed (even though I was also a little hopeful). When ActM has something substantial it will be spelled out in big bold letters, pictures taken, etc... There will be no "speculation" on what it could be. This should help going forward.

Should be fun to see the next few announcements as you guys remember IceBreaker correct? He was very similar to a lot of the trolls on here, screaming about this and that and pumping Hashfast. He lost a 5 BTC bet and HashFast is turning out to be one of the slimiest companies out there and IceBreaker is nowhere to be found. Embarrassing to say the least.