Post
Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
by
kleeck
on 30/01/2014, 15:32:01 UTC
LOL @ all the outspoken fans and supporters of this failure! you all cheering up this mess but really you just wait for the moment you can sell your shares quietly and never post here again.in the meantime, the way you all bow down and bend over to your master is just way too funny and desperate to say the least!

This is a bunch of rubbish, I can count only a few, perhaps 5 at most, the amount of cheerleading investors.

Also if anyone thinks that can "quietly" sell their shares, they are in for a surprise. I have already claimed 0.0009 to be the top end of the price range until 28nm is delivered, with the most likely range around 0.0001-0.0004.

Most of the real investors (me and almost everyone else who isn't a troll) are not cheerleading and know that we will have to either sell very cheap to get bitcoin or hold out for a long time (8 months+) and hope that Ken succeeds.


Do you think that range will hold if Ken does get a 1-2PH farm up and running on the 55nm tech within Q2?
Not to be dismissive, but the chances of that happening are almost non-existent. Even if the chips were coming out of fab right now and there was a board design that was vetted I would be surprised if AMC could get a 1PH mine running by the end of Q2. You're talking about a 2MW datacenter there, probably 3MW with cooling. That's going to be a massive facility and even the capital infrastructure outside the mining hardware doesn't spring up overnight.

Just look at how long it took the 100GH/s mine to ramp up to 500GH/s, and that's with the Bitfury design which is pulling about half the power per GH/s that this 55nm design will if it hits its specs. They started getting hardware online at the end of July/start of August, and hit 500GH/s at the end of the year.

I'm currently employed by a company who has multiple data centers around the world, one of which I am in charge of maintaining. I am fully aware of the logistics involved in getting a data center setup and it is far from the biggest obstacle here.

I do agree that the ramp-up time will be a significant factor, but to say that the possibility is "almost non-existent" is exactly what you claimed to not be, dismissive. Ken knows how to do calculations and there are plenty of DCs that would love to take on the recurring revenue that an operation like this would bring in. This is not some magical and mysterious process. It has been done before ActM and will be done after.

It's hard to look at the example of this "100gh/s" mine ramping up to 500gh/s because there are far too many variables involved in any one company's ramp up time. They may have hangups that ActM does not and ActM may have some that they did not. The only thing we can really look at is our available resources and timelines, which only Ken has on hand. He has been very tight lipped about the mining operation until now so I believe he has enough data available to put forth a reasonable timeline.