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any update?
They finally got back to me (today) and they will deposit funds into our account once they receive a letter from our bank. Hopefully by EOD this should be completed and we will have the funds early next week.
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
1,292,000 Gh/s will mine us 2.4mil usd cumulative return.
BUT if we sell them out, at cheapest market unit rate, say $3/Gh/s, it will be usd 3,876,000, of course only accept payment in bitcoin to lock the exchange rate risk.
If we sell them out at $6/Gh/s, which is the unit rate of 24Th/s monster, we will have usd 7,800,000 profit.
Of course we can do both, mine btc at first then sell the miners.
BUT if we sell them out, at cheapest market unit rate, say $3/Gh/s, it will be usd 3,876,000, of course only accept payment in bitcoin to lock the exchange rate risk.
If we sell them out at $6/Gh/s, which is the unit rate of 24Th/s monster, we will have usd 7,800,000 profit.
Of course we can do both, mine btc at first then sell the miners.
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
Would people just relax a bit? We know we'll be trading again very soon. We have waited long enough so a couple more days isn't going to hurt. Ken will inform us exactly what we've to do when the time comes. In the mean time have a little more patience guys.
totally agreed and others please read all 461 pages of this thread if you really care about your share instead of just coming in and dropping some duplicated and retarded questions like upstairs.
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
Ken told me that there would be an announcement by the end of November in a replay to a message I sent a couple days ago.
Hopefully there is just a random announcement: "Mining rigs will be shipping on _______." Soon.
this one/?
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
Hi Ken,
How many percent of sales are transacted in BTC?
Since our dividend payout would be in BTC and the time gap between receiving order payment and realizing profit to payout could be 3 months,
price of bitcoin can double in 3 months and harm shareholders' dividend performance.
Would you consider ONLY accept BTC as the payment method?
How many percent of sales are transacted in BTC?
Since our dividend payout would be in BTC and the time gap between receiving order payment and realizing profit to payout could be 3 months,
price of bitcoin can double in 3 months and harm shareholders' dividend performance.
Would you consider ONLY accept BTC as the payment method?
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
Speaking of business plan...
You stated this:
What are the current plans for chip development?
ActiveMining is developing a 28nm Bitcoin mining chip using eASIC.
Does this timeline start at the completion of the NRE payment?
You stated this:
What are the current plans for chip development?
ActiveMining is developing a 28nm Bitcoin mining chip using eASIC.
- Chip samples delivered in 9 weeks;
- Low-volume chip production starting in 12 weeks, using an e-beam process;
- Normal volume chip production starting in 16-18 weeks.
Does this timeline start at the completion of the NRE payment?
No
Does this timeline start at the time of the post?
No
Ken, can we be told about the starting date of the timeline mentioned above?
Or is it a part of NDA?
Re: [ActiveMining] The Official Active Mining Discussion Thread [Self-Moderated]
Shares transfer to AMC-TENDER completed.
and email sent to transfer@activeminingcorp.com for backup purpose
and email sent to transfer@activeminingcorp.com for backup purpose
Well, the only legitimate gambling service providers in HK are Hong Kong Jockey Club and Hong Kong Stock Exchange.
You're getting trouble. Potential law suit or close down of website haha
You're getting trouble. Potential law suit or close down of website haha