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Author Topic: ActiveMining Overview and Speculation Thread  (Read 167498 times)
somestranger
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August 04, 2013, 11:57:00 PM
 #1041

Please, ActM is terrible, sell your shares for whatever you can get, and allow me and the others who foolishly believe in the long term goals of ActM to make the terrible mistake of buying up your shares.  Wink
Someone must have listened, or they believe this FUD about "Avalon" getting $200 Million in funding. 30,000 shares sold on BTC-TC. You would think the market would move up with the new PR person  and the update, but maybe some people were expecting an announcement like "eASIC deal closed!"
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Bitcycle
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August 05, 2013, 01:20:15 AM
 #1042

I think someone is just dumping everything they have. A lot of mining stocks dumped bigtime in the last hour or two.
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August 05, 2013, 01:22:26 AM
 #1043

I don't get it, why someone should sell ActiveMining after Avalon announcement?

We have 3 competitors in the market besides asicminer: LabCoin, btcgarden and Activemining.

If the announcement is true, only ActiveMining is developing a 28nm chip, so it is the less hurted and the 20nm doesn't add so much to the performances.
So probably LabCoin and BtcGarden shareholders will jump in ActM boat.

Or am I missing something?
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August 05, 2013, 01:25:28 AM
 #1044

$200 million Avalon investment = game over  Embarrassed


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Monero
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whether we have a dictatorship or a real democracy." 
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August 05, 2013, 01:26:17 AM
 #1045

I don't get it, why someone should sell ActiveMining after Avalon announcement?

We have 3 competitors in the market besides asicminer: LabCoin, btcgarden and Activemining.

If the announcement is true, only ActiveMining is developing a 28nm chip, so it is the less hurted and the 20nm doesn't add so much to the performances.
So probably LabCoin and BtcGarden shareholders will jump in ActM boat.

Or am I missing something?

Cointerra and KNCminer are also deploying 28 nm later this year.
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August 05, 2013, 01:26:43 AM
 #1046

I don't get it, why someone should sell ActiveMining after Avalon announcement?

We have 3 competitors in the market besides asicminer: LabCoin, btcgarden and Activemining.

If the announcement is true, only ActiveMining is developing a 28nm chip, so it is the less hurted and the 20nm doesn't add so much to the performances.
So probably LabCoin and BtcGarden shareholders will jump in ActM boat.

Or am I missing something?

people always shoot first and ask questions later.  Avalon has been full of delays and hiccups in their history, even if it's a true, I doubt their ability to execute on their planned timeline.
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August 05, 2013, 01:36:30 AM
 #1047

delays and hiccups are normal.

having experience dealing with them is invaluable.

20nm is a challenge, but won't be avalon's first rodeo.

the VCs are watching these ASIC IPOs and have decided to take a piece  of the action.

or rather, all the action.   Undecided


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
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"Fungibility provides privacy as a side effect."  Adam Back 2014
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August 05, 2013, 01:37:22 AM
 #1048


from other thread..
somestranger
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August 05, 2013, 01:38:40 AM
 #1049

delays and hiccups are normal.

having experience dealing with them is invaluable.

20nm is a challenge, but won't be avalon's first rodeo.

the VCs are watching these ASIC IPOs and have decided to take a piece  of the action.

or rather, all the action.   Undecided
Stop spreading FUD. The Avalon "news" is fake. The article talks about "unconfirmed rumors from an anonymous source" (read: shit pulled out of the author's ass) and the amount raised is both ludicrous and exactly the same amount that a venture capital firm called Avalon Ventures has raised on a regular basis in various funding rounds.
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August 05, 2013, 01:40:33 AM
 #1050


Fake news or not, The asic competition has kicked in. This was from the hardware subforum

Cointerra, a well-funded startup of highly experienced ASIC designers, is pleased to announce that we are developing a high performance, low power and low cost 28nm ASIC which is expected to arrive in Q4 2013.

To learn more about Cointerra and to sign up for regular updates please visit our website: www.cointerra.com and follow us on Twitter @cointerra.
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August 05, 2013, 01:46:03 AM
 #1051




Fake news or not, The asic competition has kicked in. This was from the hardware subforum

Cointerra, a well-funded startup of highly experienced ASIC designers, is pleased to announce that we are developing a high performance, low power and low cost 28nm ASIC which is expected to arrive in Q4 2013.

To learn more about Cointerra and to sign up for regular updates please visit our website: www.cointerra.com and follow us on Twitter @cointerra.

This fact isn't lost on Ken and Co. He isn't just developing a 28nm ASIC he is developing it with a company that has a custom, fast paced, and easily scaled production process. eAsic is the edge ActM has over the competition and its a very sharp edge!


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Pompobit
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August 05, 2013, 01:51:52 AM
 #1052


I'd add this:
http://www.xconomy.com/san-diego/2012/09/04/running-on-two-year-cycle-avalon-ventures-lands-200m-for-tenth-fund/
iCEBREAKER
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August 05, 2013, 01:52:27 AM
 #1053

http://www.cointerra.com/team/   Shocked

says the adults are here, and intend on pushing over our little popsicle stand.

Quote
Dr. Sherwani is the author of a textbook on Physical Design, which is widely used as the main textbook at major universities around the world. In addition, he has authored or co-authored three books and over 100 articles on various aspects of Physical Design Automation and ASICs.

Fuuuuuuuuuuuuuuu…

 Cry


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
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Is Dash a scam?
stoasis
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August 05, 2013, 01:53:11 AM
 #1054




Fake news or not, The asic competition has kicked in. This was from the hardware subforum

Cointerra, a well-funded startup of highly experienced ASIC designers, is pleased to announce that we are developing a high performance, low power and low cost 28nm ASIC which is expected to arrive in Q4 2013.

To learn more about Cointerra and to sign up for regular updates please visit our website: www.cointerra.com and follow us on Twitter @cointerra.

This fact isn't lost on Ken and Co. He isn't just developing a 28nm ASIC he is developing it with a company that has a custom, fast paced, and easily scaled production process. eAsic is the edge ActM has over the competition and its a very sharp edge!

I'm not trying to discredit Activemining. Just trying to point out were the panic might be coming from. The fact is people saw great potential in asic manufacturing. Who knows how many more companies are trying to bring their own asic solutions.
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August 05, 2013, 01:59:02 AM
 #1055

http://www.cointerra.com/team/   Shocked

says the adults are here, and intend on pushing over our little popsicle stand.

Quote
Dr. Sherwani is the author of a textbook on Physical Design, which is widely used as the main textbook at major universities around the world. In addition, he has authored or co-authored three books and over 100 articles on various aspects of Physical Design Automation and ASICs.

FuuuuuuuuuuuuuuuD

 Cry

fixed
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August 05, 2013, 02:03:55 AM
 #1056

http://www.cointerra.com/team/   Shocked

says the adults are here, and intend on pushing over our little popsicle stand.

Quote
Dr. Sherwani is the author of a textbook on Physical Design, which is widely used as the main textbook at major universities around the world. In addition, he has authored or co-authored three books and over 100 articles on various aspects of Physical Design Automation and ASICs.

Fuuuuuuuuuuuuuuu…

 Cry

The adults were already here: http://www.crunchbase.com/company/easic (eASIC received $23.5M in Venture Round funding. (7/10/13)) Wink
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August 05, 2013, 02:06:47 AM
 #1057

http://www.cointerra.com/team/   Shocked

says the adults are here, and intend on pushing over our little popsicle stand.

Quote
Dr. Sherwani is the author of a textbook on Physical Design, which is widely used as the main textbook at major universities around the world. In addition, he has authored or co-authored three books and over 100 articles on various aspects of Physical Design Automation and ASICs.

FuuuuuuuuuuuuuuuD

 Cry

fixed

I Lol'd
somestranger
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August 05, 2013, 02:11:07 AM
 #1058

This fact isn't lost on Ken and Co. He isn't just developing a 28nm ASIC he is developing it with a company that has a custom, fast paced, and easily scaled production process. eAsic is the edge ActM has over the competition and its a very sharp edge!
To be fair, KnC Miner is also getting their chips produced by eASIC through ORSoC so they will be one of our top competitors going forward. I think we will have an advantage over just about every other company looking to produce ASICs though.
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August 05, 2013, 02:21:25 AM
 #1059

http://www.cointerra.com/team/   Shocked

says the adults are here, and intend on pushing over our little popsicle stand.

Quote
Dr. Sherwani is the author of a textbook on Physical Design, which is widely used as the main textbook at major universities around the world. In addition, he has authored or co-authored three books and over 100 articles on various aspects of Physical Design Automation and ASICs.

FuuuuuuuuuuuuuuuD

 Cry

fixed


Well you are certainly safe from the Ravenous Bugblatter Beast of Traal.

But Dr. Sherwani and his team with over 100 years of ASIC expertise?  Maybe not so much. Tongue


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
N_S
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August 05, 2013, 03:49:33 AM
 #1060

I keep seeing this $200M deal being vaguely worded. A lot of "has plans to" and "is interested in"...

Is this $200M Avalon deal already set in stone?
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