Look at last transaction...  all of them have some activity in the last week.

If you can't afford it, don't do it.  You may well never make your money back. 

If you are using 2 PSU's then you will need that multi-PSU Adaptor.  What it does is detect when the first one is turned on and then it switches on the second power supply.  Without it, the second power supply will not turn on when you turn on your computer.

Forget about the PCI slot, and use one of the SIX video cards for the monitor.  (It won't affect your mining)

and yes, you'll need PCI riser cables, try and get powered ones if you can, as video cards still draw some power from the PCI-E slot even though they have additional power connections.  With out it, operation can be unpredictable.

Everything else you are wondering is covered here:

http://www.cryptobadger.com/2013/04/build-a-litecoin-mining-rig-hardware

For those that missed it, page 233 has an update from Ken and a post about the advisory board on it.

Cheers.

My impression is this:

Due to increased competition Ken and board have been quietly re-arranging their product offerings to make them more attractive.

We also have 3 new PCI products for Speculation: people who want to Mine with their PC's:

Fast-Hash-One Platinum 256 GH/s PCI-E Module $3699

Fast-Hash-One Gold 128 GH/s PCI-E Module $2499

Fast-Hash-One Silver 64 GH/s PCI-E Module $1299

And 3 new versions of the Fast Hash One.  The old version is now the Platinum edition.

Fast-Hash One Silver Edition Bitcoin Mining Machine (This is a standalone system).  64GH/s $1774 (29% off)

Fast-Hash One Gold Edition Bitcoin Mining Machine 128GH/s  $3704 (5% off)

Fast-Hash One Platinum Edition Bitcoin Mining Machine 256GH/s $5699 (5% off)

From the looks of things, I'd say these PCI cards might be the same ones intended to go into the Fash Hash one.  No guarantee they would work inside a PC.

So sit tight people, the world isn't ending, they're probably just waiting until the main VMC website is updated before making the press release.

I'm as eager to see some news as the rest of you.  But try to remember these things:

1) This stock only exists to fund the NRE, now that they have the funds, they don't need to bend to every whim of investors.  It's not like in the real world.  That said, forming the board was an excellent sign of good faith.

2) This has been said before, but they are hard at work, when you run your own small business you have to do the jobs of about 8 people.  It's not so much the posting, but the READING of this forum that takes way too much time.  The radio silence has probably been imposed to tame the mouth frothing going on in here.

3) So this is a good time to ask yourself why you invested, if you were in for the IPO speculation but didn't intend to hold it past September, then now is your time to leave.

ActM will be a close 2nd to market with a 28nm chip that you can rest assured will work as advertized (since there is only one custom via layer, not much can go wrong).  And if the chips are overclockable to 1 GHz (20GH/s) then a single fast hash one would pump out 320GH/s IN LATE OCTOBER.

Keep things in perspective, the eASIC deal exists, but we can't talk about it.

I gotta side with Stu on this one. More shares = more dividends therefore it is better to get more bang for your buck (more shares per BTC to maximize dividends paid) at the cheaper exchange.

If you are truly long on ActM then you must agree with the above.  If you aren't in it for the dividends then you are a price speculator.

Also, your argument that cheaper shares still equal the same number of bitcoins, that is true only until the price changes.  If you own 15% more shares and the price moves up X on both exchanges then you make 1.15*X on Bitfunder versus BTCT.

So your only argument left is liquidity risk, and somebody has already pointed out that trade volumes are virtually identical on both exchanges.  Plus there are more total shares listed on BitFunder so technically it would have more liquidity.

This is the Official Active Mining Discussion Thread.  So lets discuss.

Lets also have a locked "Official ActiveMining Announcement Thread" and solve the problem that way.  Trolls will be Trolls.

It's Friday, where's my Satoshi dust?  Weekly dividends need to be paid weekly, regardless of how small.

The Minutes (log of everything said) should also be made available after the meeting in a locked forum thread maintained by ActiveMining-PR for those that can't attend.

BTW guys, if you want to contact TGB and Philip Archer:

http://thegenesisblock.com/got-a-question-get-in-touch-2/

In regards to the product name. 

What if we named the product "The Active Miner" made by VMC.

Then the mining operation being called "Active Mining" makes more sense and conveys the ties the two companies have to each other.

Well I have no idea how the pre-orders are going, but if we need more, a better website (and store page mainly) would go a long way.  I'm tired of seeing ActM not being mentioned when people talk about companies developing 28nm hardware.  It's a really small niche community here that knows ActM even exists.  I guess the eASIC deal announcement will change that. 

Most unawares don't have $5000 (with taxes) to blow on a boondoggle like this.  The low price point of BFL's other devices is in part why they had so many orders and also why the company is in trouble as the units ended up costing them money due to the redesign.  (What I'm saying is that once you factor in the cost of delays + new parts + Wages + fixed costs that they sold the original units effectively below cost.)  This is why a couple months ago they offered a $100 upgrade option for a 2nd chip in Jalapeno's.  And are doing another cash grab now.

I agree completely.  BFL has totally underestimated the cooling needs of their product once again.  However, once again, I'm fairly sure they won't realize it until they start making prototypes with the chips.  Leading to a hasty redesign and many subsequent manufacturing delays as they wait for re-designed custom coolers.

I think the reason they are doing the pre-order now is that they are running out of funds to pay for the production of the existing units they are delivering.

I'm waiting on a Jalapeño from them, pre-ordered in March - (DOH! Should have read the forums first!!!!) - I'm probably going to put it on ebay as soon as I get it.

There is your update people.  Now hopefully we can have a dividend on Friday and that will make me happy because then I can buy a couple more shares

aye +3

Anybody he was able to trick into panic selling when he first started spreading his FUD on here.

I'd speculate that Ken is trying to sort out past due dividends with people who missed them due to their shares being caught up in the AMC-tender fiasco first before he moves forward and issues another global dividend.  Hopefully that's all sorted soon and we get our dividend. 

See the ActiveMining-PR quote just above.

http://bitbet.us/bet/508/btc-network-difficulty-to-top-500mn-before-xmas/

I think it'll be over 500 million, but that's assuming none of these ASIC companies turn into Avalon/BFL.