Wait a sec, would you be talking about the picture of one of Active Mining's directors?  The one where he's tied up in the trunk of a 70s Dodge parked smack in the middle of an empty warehouse?  The warehouse that was supposed to be Active Mining's sole production facility?
That family picture?
Since Ken's company is staffed exclusively by people whose last names are "Slaughter," it's kind'o tough to talk about the company without dragging the family into the pic.

[23:28:23]    some day in the future, its just sorta a funny situation
[23:28:33]         everythign abotu ActM is a "funny situation"
[23:28:42]         what happened to the Oct/Nov release?
[23:28:48]         its been 30~60~.. 90 ? days
...
[23:29:55]         I gave notice of shut down 75 days ago
[23:29:58]         and he has not relisted
[23:30:05]         I guess thats not enough time
[23:30:24]    For Ken apparently not
[23:31:12]    I thought we would have been trading the shares a while ago but something happened

Lolacolipse

Again I ask you, Bargraphics, whose sock are you?  You don't really expect us to believe that you joined this forum in June just to unload your worthless TerraHash pre-order to some starry-eyed n00b, in your FIRST POST?

Two things going on here.

One is the dumb animal fear of people just realizing the shit they got themselves into.  There's a guy here who "invested" his retirement fund, i shit you not, into this bag of festering fail.  Can you frikin' imagine?  And, just like with a Ponzi scheme, admitting the truth means you'll be the one left holding the bag.  

The other sort-a stems from the first.  Most here are too stupid to scam, so don't attribute to malice that which is adequately explained by stupidity.

Not unless Ken forged the EXIF data, no.
How old are you, theBishop?

Didn't you tell everyone gullible enough not to laugh at you that TerraHash was legit?   Priceless advice, that.

Here is the full quote with the email:


In my earlier post, i have quoted you stating that there were products with shipping dates as early as end of December:


You have provided a link to the website, which DoloresHaze has followed and attempted to make an order, at which point the date was changed to end of March.  This directly contradicts Ken's claim that the dates on the website were never changed ("This is nothing new has been on our site under all products under more info.")

Ken claimed that the dates on his site were never changed in his email to a customer.  The dates were obviously changed, we agree on this.
This type of discrepancies are better known as "lies."

But you did vouch for TerraHash, visited them & insisted that they were 100% legit.
You mocked the detractors, calling them "trolls," just as you do here.
Those who laughed at you got to keep their money.
Those who listened to you lost it.  All of it.

For those who have been a part of the TerraHash trainwreck, where Bar pulled the *exact same shit* -- roped in the suckers while insulting the detractors & trotting around his "expert" opinion, this thread is deja vu all over again.

No, it reflects Ken blatantly lying to his customer.  Please read kleek's post where he, an Active Mining supporter, points out the shipping date on the website:
Then DoloresHaze points out that (s)he tried to make a purchase, received an "out of stock" email, and the date on the website was changed to April shortly after the fact.

This is proof positive that at least some of the dates on the website were updated as recently as December 27, while Ken insists that the delivery dates were never changed, in the quoted email below:

*If you find it difficult to understand Ken's letter, the fault is not yours.  It's difficult to unscramble the typings of chronic drunks.

First, the orders made now are not shipping for over three months.
Second, the [nonexistent] 24TH machine is a single machine in name only.  It's racks stuffed with cases stuffed with what, thus far, is badly photoshopped graphics cards.  Making that much gear with three Harbor Freight workbenches, a Leatherman and a couple of Slaughters is kinda tough.

Third, math is math, and a 4 month delay translates to more than 700% difficulty increase.  Cutting the company worth seven-fold.  That's either a lot or a little, you decide.

^^Bargraphics humbly quotes himself & pads out the thread with a wall of text.

Yes it would.  That's why eAsic is not backing Ken.  Simply selling him a service, which is the nature of their business.  This is no more unusual than Dell selling me a computer, or a machine sop boring my block .030 over.  The shop is neither backing my build nor does it care what I do with the block after I pay for the work.  Their reputation is only trashed if the bores are botched.
Stop reciting gibberish.

As does every decent scam.  Offering refunds allows the scam to continue fleecing the suckers.  If Ken sells $2 worth of vaporware for every $1 refunded, that's a win.

Only in the endgame do the refunds stop.  Scam 101 lesson, free of charge.
Every n00b gets one.

P.S.  You burnt plenty of people with your sound advice in the TerraHash thread, this is not going to be a rinse and repeat for you.
Enough.
Eat your losses and leave.

Nowhere in your offer have you mentioned my paying you in the event I do not deliver.  I will need to invest both time and money to provide you this PR blurb.  If you are as certain as you claim to be, why change the terms?   How should we handle escrow?

Regarding your shilling for TerraHash:  You certainly did.  If you did not get paid, that only makes you a failure as a shill on top of your other failures.

The fact that you have visited TerraHash and continued your shilling proves you to be either mind-numbingly incompetent or complicit in the swindle - either or both putting you beneath contempt.

And after shilling for that fiasco and then deleting hundreds of your own posts in the aftermath, you have the gall to pass yourself off as someone whose opinion should matter?

Thank you for that.

I have made no comparisons, that's probably why you are confused. You might consider studying math, the basics of mining, or both.
The past rate of difficulty increase is factual.  The future rate is an educated guess, you are correct, and in that sense a hypothetical.  I have allowed for slowing rate of increase; in other words, fudged things in favor of Active Mining.  If you know a way of predicting mining income without guessing the future network speed, i'm all ears.
If you do not understand why more chips are needed to mine the same number of coins as network speed grows, you may not be ready to participate in this thread.

No need to correct me.  I specified 700% network speed growth over the last three months, and projected that network speed will continue to grow, albeit at a slightly lower rate.
Are you an alt of a user going by Jasun?

*To make this more digestible:  Active Mining now needs x7 more chips to control the same 1% of the network as it would have needed just three months ago.

Sure.  But the darn things don't know it yet.
Ken still posts ocasionally, and that kind o' thing just ain't natural.

J'suis l' Grand Zombie
My yellow belt of choison
Ain't afraid of no tom cat
Fill my brains with poison

For those claiming Ken has not missed any deadlines, a friendly reminder found in a post by Streets 2.0, AKA ActiveveMining_PR, an avid fan at the time this was posted:


*According to the newly updated website, there's another 3 month to go 'til shiping begins, so minimum of 4 months delay.
The expected return from this company is directly proportional to network difficulty, which has grown 700% in the last three months, forget 4.
While the difficulty grew 700% in the past three months, Active Mining chips have not improved at a similar rate.  Neither did Active Mining production capacity, other than a possible addition of two Harbor Freight workbenches.
This would suggest that the company's worth has depreciated by ~7fold, assuming that future network difficulty increase will be ~3/4 as fast as it has been in the past three months (a very optimistic assumption).