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Showing 5 of 5 results by Galactic
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Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
by
Galactic
on 27/12/2013, 00:42:22 UTC
Sorry to sabotage your share grabbing efforts but lets explain it simple,
should be something like this:
ordered first - delivery november
ordered in september - delivery in january
ordered in november - delivery in january
ordered in december - delivery in february
ordered in december later - delivery in march
order in january 1st - delivery in march 31
and so on..
Post
Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
by
Galactic
on 07/12/2013, 11:54:41 UTC
Ken,

I want to say first, thank you for the work you are doing for the company and your resolve in operating in such a competitive environment and with so much at stake.

For the past several hours, many of the top shareholders have met in IRC and discussed the "communication issue" as we see it. We have received sporadic communication from you for various reasons having to do with operating under an NDA as well as SEC guidelines. We also understand the desire to keep certain proprietary information hidden from competitors.

Due to communication being so tight, we are in a position where we do not currently KNOW why chips are delayed. It was implied that this was a choice made by you so that Intellihash could be implemented. We believe that competing effectively is necessary for AMC's success, however we have no information as to how Intellihash affects our timeline.

While we are not yet listed on an exchange, we are making a public request that you assent to not sell any of your personal ACTM shares until it can be verified that customers have received their shipped orders and until shareholders have a more clear understanding of the timeline moving forward.

This is simply a request to demonstrate good-faith and help re-establish trust among shareholders.

Please respond to this before we go live on Crypto-Trade.

Thank you for everything and keep up the great work!

 -- ActiveMining shareholders
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Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
by
Galactic
on 03/12/2013, 11:42:19 UTC
Here is my Intellihash theory,
we all know how cpu manufacturers do, they design multicore cpu and each is produced with maximum number of cores,
however micro-geometric impurities may make weak spots on many places making just one or few out of billions of transistors unusable,
then the whole core which contains impurities is disabled and rest of chip can work on high frequency,
if same analogy is here, lets say some chip have 100 parallel processing pipelines and it works fine on its nominal frequency,
lets assume that particular chip have 1 out of 100 pipelines that contain impurity as limiting factor,
if software recognize failing pipeline and disable it then maybe remaining 99 pipelines can run on 30% faster clock,
or some particular pipeline may work fast but draining more than usual power and spreading heat to rest of chip.
So this intelligent algorithm will find most optimal configuration to squeeze highest speed or lowest power drain for each chip by disabling and scaling freq.
User may have ability to choose configuration with click of a button saying "give me max hashrate" (early use and high power)
and then other button "give me lowest power configuration" (late profitability use) and with click of button chips reconfigure by software.
That can be a whole envelope of speed versus power, different for every chip.
It could be a win to have lots "overclocking champion" chips by this method, and a very attractive buy or a profitable farm,
we know how users like to buy unlocked cpus or gpus and squeeze max from it.
In this business everyone is overclocker.
Also another possibility is, there could be multiple ways to do the same hashing,
one algorithm could theoretically drain less power over the other algorithm and still finish the same job on that chip architecture or individual sample.
If it drain less power then that chip could work on higher speed as well.

I see that some people are concerned with selling miners "too cheap" and having low profit, however there is the simple trick to this, if ken just delay their shipment and use first chips to actm farm.
This means miners would not be sold too cheap compared to network hash rate.
It just should not delay too much to upset the customers.
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Topic
Board Securities
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
by
Galactic
on 30/11/2013, 23:47:30 UTC
One possibility is to reduce voltage for some percent and then power consumption reduces by square of the amount, which means you can have chip at 50% speed but draining only 25% power. That is significant only when network percentage increases so much that the chip can not earn its consumed power. But then reduced speed chip can still work for prolonged period and keep bringing profit because it consume much less power. If they made chips that can work on very low voltages as well as nominal, and possibly have other tricks with turning on and off portions of chip that does not need heavy power it may give significant advantage and increased return of bitcoins that chip would make before its discarded as obsolete. I'm only guessing here tho.
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Topic
Board Beginners & Help
Re: Bitcoin to the moon - literally
by
Galactic
on 28/11/2013, 11:46:02 UTC
I would go, but the bitcoin/litecoin price is still way too cheap, reasonable expectation is around $10000 for BTC and $2500 ltc during 2014, and then $100000 for BTC in 2015-2016 range. This crypto currency firespread is part of global revolution and redistribution of wealth, it is probably inspired by extraterrestrials who are observing earth and guiding most aware humans toward more advanced and harmonious society. This new crypto financial system and redistributed wealth will give power to some key individuals among population and thus enable spread of suppressed inventions such as free energy, antigravity and quantum medicine. It will effectively put an end to fossil fuel and financial slavery era. In a few years max i expect that we fly in antigravity ships.