...and a fine company at that. Well maybe not all that fine actually...
Many did eventually get refunds though and the guilty party did get a perty perty scammer tag.
Topic: I was asking myself the other day, "Why go with VMC?" - page 2. (Read 2046 times)
my apologies! 
No need for an apology man! bASIC was a company, I'll leave it at that.
eASIC comes a little bit after bASIC
Doesn't sound basic to me! Just basically awesome.
I don't think you caught the joke.
lol
my apologies!
eASIC comes a little bit after bASIC
yet eASIC is far from being basic, check it out:
Quote
eASIC Raises $23.5M of Growth Capital
Financing to fund global expansion and fulfill fast-growing product demand
Santa Clara, CA – September 9, 2013 – eASIC® Corporation, a leading provider of Single Mask Adaptable ASIC™ devices today announced that it has closed a $23.5M growth capital financing. The funding includes investment from Khosla Ventures, Kleiner Perkins Caufield and Byers, Crescendo Ventures, Seagate Technology and Evergreen Partners. eASIC® will use the capital to fund expansion of its US and European development organizations and to provide working capital associated with the fast-growing demand for its Single Mask Adaptable ASIC devices.
"eASIC has become the go-to provider for cost effective, mass customization devices", said Ronnie Vasishta, President and CEO of eASIC. "Our success in wireless infrastructure and the storage market, coupled with several new key design wins in the high-volume automotive market drove the targeted $20M round to be oversubscribed to $23.5M. This significant funding by leading venture firms and a strategic partner positions us well to expand our development and customer organizations as we execute on our recent wins and broad customer pipeline."
"The convergence of eASIC’s unique technology, the demand for mass customization combined with the need for low-cost and fast time to market solutions is creating an unprecedented opportunity for eASIC to emerge as the de facto solution for custom silicon platforms", said Mike Kourey, a Partner at Khosla Ventures. "With this growth capital financing, eASIC and its strong leadership team is in a position to fully execute on its strategy and fulfill the demand of its broadening base of customers and platforms."
Financing to fund global expansion and fulfill fast-growing product demand
Santa Clara, CA – September 9, 2013 – eASIC® Corporation, a leading provider of Single Mask Adaptable ASIC™ devices today announced that it has closed a $23.5M growth capital financing. The funding includes investment from Khosla Ventures, Kleiner Perkins Caufield and Byers, Crescendo Ventures, Seagate Technology and Evergreen Partners. eASIC® will use the capital to fund expansion of its US and European development organizations and to provide working capital associated with the fast-growing demand for its Single Mask Adaptable ASIC devices.
"eASIC has become the go-to provider for cost effective, mass customization devices", said Ronnie Vasishta, President and CEO of eASIC. "Our success in wireless infrastructure and the storage market, coupled with several new key design wins in the high-volume automotive market drove the targeted $20M round to be oversubscribed to $23.5M. This significant funding by leading venture firms and a strategic partner positions us well to expand our development and customer organizations as we execute on our recent wins and broad customer pipeline."
"The convergence of eASIC’s unique technology, the demand for mass customization combined with the need for low-cost and fast time to market solutions is creating an unprecedented opportunity for eASIC to emerge as the de facto solution for custom silicon platforms", said Mike Kourey, a Partner at Khosla Ventures. "With this growth capital financing, eASIC and its strong leadership team is in a position to fully execute on its strategy and fulfill the demand of its broadening base of customers and platforms."
Doesn't sound basic to me! Just basically awesome.
I don't think you caught the joke.
eASIC comes a little bit after bASIC
yet eASIC is far from being basic, check it out:
Quote
eASIC Raises $23.5M of Growth Capital
Financing to fund global expansion and fulfill fast-growing product demand
Santa Clara, CA – September 9, 2013 – eASIC® Corporation, a leading provider of Single Mask Adaptable ASIC™ devices today announced that it has closed a $23.5M growth capital financing. The funding includes investment from Khosla Ventures, Kleiner Perkins Caufield and Byers, Crescendo Ventures, Seagate Technology and Evergreen Partners. eASIC® will use the capital to fund expansion of its US and European development organizations and to provide working capital associated with the fast-growing demand for its Single Mask Adaptable ASIC devices.
"eASIC has become the go-to provider for cost effective, mass customization devices", said Ronnie Vasishta, President and CEO of eASIC. "Our success in wireless infrastructure and the storage market, coupled with several new key design wins in the high-volume automotive market drove the targeted $20M round to be oversubscribed to $23.5M. This significant funding by leading venture firms and a strategic partner positions us well to expand our development and customer organizations as we execute on our recent wins and broad customer pipeline."
"The convergence of eASIC’s unique technology, the demand for mass customization combined with the need for low-cost and fast time to market solutions is creating an unprecedented opportunity for eASIC to emerge as the de facto solution for custom silicon platforms", said Mike Kourey, a Partner at Khosla Ventures. "With this growth capital financing, eASIC and its strong leadership team is in a position to fully execute on its strategy and fulfill the demand of its broadening base of customers and platforms."
Financing to fund global expansion and fulfill fast-growing product demand
Santa Clara, CA – September 9, 2013 – eASIC® Corporation, a leading provider of Single Mask Adaptable ASIC™ devices today announced that it has closed a $23.5M growth capital financing. The funding includes investment from Khosla Ventures, Kleiner Perkins Caufield and Byers, Crescendo Ventures, Seagate Technology and Evergreen Partners. eASIC® will use the capital to fund expansion of its US and European development organizations and to provide working capital associated with the fast-growing demand for its Single Mask Adaptable ASIC devices.
"eASIC has become the go-to provider for cost effective, mass customization devices", said Ronnie Vasishta, President and CEO of eASIC. "Our success in wireless infrastructure and the storage market, coupled with several new key design wins in the high-volume automotive market drove the targeted $20M round to be oversubscribed to $23.5M. This significant funding by leading venture firms and a strategic partner positions us well to expand our development and customer organizations as we execute on our recent wins and broad customer pipeline."
"The convergence of eASIC’s unique technology, the demand for mass customization combined with the need for low-cost and fast time to market solutions is creating an unprecedented opportunity for eASIC to emerge as the de facto solution for custom silicon platforms", said Mike Kourey, a Partner at Khosla Ventures. "With this growth capital financing, eASIC and its strong leadership team is in a position to fully execute on its strategy and fulfill the demand of its broadening base of customers and platforms."
Doesn't sound basic to me! Just basically awesome.
eASIC comes a little bit after bASIC
think we have enough VMC threads yet ??
here is an official eASIC news release:
http://www.easic.com/vmc-uses-easic-to-achieve-24-756-ths-bitcoin-miner/
VMC uses eASIC to Achieve 24.756 TH/s Bitcoin Miner
VMC develops single mask ASIC using 28nm eASIC Nextreme-3 to significantly increase performance while reducing power consumption
Santa Clara, CA and Springfield, MO – September 4, 2013 – eASIC® Corporation, a leading provider of single mask ASIC devices and Virtual Mining Corporation (VMC) today announced that VMC will use eASIC Nextreme-3™ 28nm devices to create a series of scalable Bitcoin mining machines capable of generating up to 24.756 TH/s (tera hashes per second) of cryptographic hashes.
"The fast design and turnaround time of eASIC Nexteme-3 28nm single mask ASIC devices coupled with the impressive performance and low power makes this an ideal solution for our Fast-Hash™ One Bitcoin Mining Machines", said Kenneth E. Slaughter, CEO of VMC. "The performance we have seen from the eASIC Nextreme-3 family has allowed us to develop a scalable platform that provides the computing power to satisfy the most demanding Bitcoin mining cryptography problem." added Slaughter.
"VMC has used its vast cryptographic algorithm experience to take full advantage of the advanced performance and power reduction features in our eASIC Nextreme-3 28nm architecture", said Jasbinder Bhoot, VP of Marketing at eASIC. "This has allowed VMC to architect a very high performance Bitcoin miner, while reducing overall power consumption", added Bhoot.
About eASIC
eASIC is a fabless semiconductor company offering breakthrough single mask ASIC devices aimed at dramatically reducing the overall cost and time-to-production of customized semiconductor devices. Low-cost, high-performance and fast-turn ASIC and System-on-Chip designs are enabled through patented technology utilizing via-layer customizable routing. This innovative fabric allows eASIC to offer a new generation of ASICs with significantly lower up-front costs than traditional ASICs.
Privately held eASIC Corporation is headquartered in Santa Clara, California. Investors include Khosla Ventures, Kleiner Perkins Caufield and Byers (KPCB), Crescendo Ventures, Seagate Technology (NASDAQ:STX) and Evergreen Partners. For more information on eASIC please visit www.easic.com.
eASIC and eASIC Nextreme are trademarks of eASIC Corporation and registered in the U.S. Patent and Trademark Office. Fast-Hash is a registered trademark of Virtual Mining Corporation.
About VMC
VMC is a manufacture specializing in cryptographic ASIC solutions, currently aimed at offering robust professional and consumer-based Bitcoin mining hardware systems, including the Fast-Hash One™, that focus on efficiency and upgradability. VMC builds upon its expertise in Bitcoin mining with over 30 years of industry and business experience. More details can be found at: www.virtualminingcorp.com.
Press Contact
eASIC Corporation
Niall Battson
(408) 855-9200
[email protected]
Tags: 28nm, 28nm easic nextreme-3, cryptographic hashes, eASIC Corporation, easic nextreme-3, nextreme-3, scalable Bitcoin mining machines, single mask ASIC, Virtual Mining Corporation
http://www.easic.com/vmc-uses-easic-to-achieve-24-756-ths-bitcoin-miner/
VMC uses eASIC to Achieve 24.756 TH/s Bitcoin Miner
VMC develops single mask ASIC using 28nm eASIC Nextreme-3 to significantly increase performance while reducing power consumption
Santa Clara, CA and Springfield, MO – September 4, 2013 – eASIC® Corporation, a leading provider of single mask ASIC devices and Virtual Mining Corporation (VMC) today announced that VMC will use eASIC Nextreme-3™ 28nm devices to create a series of scalable Bitcoin mining machines capable of generating up to 24.756 TH/s (tera hashes per second) of cryptographic hashes.
"The fast design and turnaround time of eASIC Nexteme-3 28nm single mask ASIC devices coupled with the impressive performance and low power makes this an ideal solution for our Fast-Hash™ One Bitcoin Mining Machines", said Kenneth E. Slaughter, CEO of VMC. "The performance we have seen from the eASIC Nextreme-3 family has allowed us to develop a scalable platform that provides the computing power to satisfy the most demanding Bitcoin mining cryptography problem." added Slaughter.
"VMC has used its vast cryptographic algorithm experience to take full advantage of the advanced performance and power reduction features in our eASIC Nextreme-3 28nm architecture", said Jasbinder Bhoot, VP of Marketing at eASIC. "This has allowed VMC to architect a very high performance Bitcoin miner, while reducing overall power consumption", added Bhoot.
About eASIC
eASIC is a fabless semiconductor company offering breakthrough single mask ASIC devices aimed at dramatically reducing the overall cost and time-to-production of customized semiconductor devices. Low-cost, high-performance and fast-turn ASIC and System-on-Chip designs are enabled through patented technology utilizing via-layer customizable routing. This innovative fabric allows eASIC to offer a new generation of ASICs with significantly lower up-front costs than traditional ASICs.
Privately held eASIC Corporation is headquartered in Santa Clara, California. Investors include Khosla Ventures, Kleiner Perkins Caufield and Byers (KPCB), Crescendo Ventures, Seagate Technology (NASDAQ:STX) and Evergreen Partners. For more information on eASIC please visit www.easic.com.
eASIC and eASIC Nextreme are trademarks of eASIC Corporation and registered in the U.S. Patent and Trademark Office. Fast-Hash is a registered trademark of Virtual Mining Corporation.
About VMC
VMC is a manufacture specializing in cryptographic ASIC solutions, currently aimed at offering robust professional and consumer-based Bitcoin mining hardware systems, including the Fast-Hash One™, that focus on efficiency and upgradability. VMC builds upon its expertise in Bitcoin mining with over 30 years of industry and business experience. More details can be found at: www.virtualminingcorp.com.
Press Contact
eASIC Corporation
Niall Battson
(408) 855-9200
[email protected]
Tags: 28nm, 28nm easic nextreme-3, cryptographic hashes, eASIC Corporation, easic nextreme-3, nextreme-3, scalable Bitcoin mining machines, single mask ASIC, Virtual Mining Corporation
Keep in mind these are generic containers and not custom built. It's what's on the inside that counts!
And that would be this....
And that would be this....
Not only is it the cheapest $/GH for a November schedule, but you are more likely to have a timely delivery.. and here's why:
This is the reason I previously mentioned in another thread. However, there's a lot more. These chips are made by eASIC Corporation.
and here is an example of one of the many products that Ken will have available once his engineers do the assembling:
64 GH/s Expands to 6.144 TH/s
Upgradeable To Next Generation
Hashing Cards
AVAILABLE FOR PREPAID PRE-ORDER ONLY
Limited Availability on these units (Shipping Starts November 2013)
ESTIMATED DELIVERY DATE WILL BE DISPLAYED UPON CHECKOUT
Quote
The queue is small right now, VMC only has $80,000 of sales so far, based on a chip with a $1,000,000 NRE price tag! So get in there and you won't be waiting 3 months!
Would you rather be in an order queue that has $2,000,000 worth of orders in front of you?
Or one with $80,000?
Yeah, that's what I thought.
Would you rather be in an order queue that has $2,000,000 worth of orders in front of you?
Or one with $80,000?
Yeah, that's what I thought.
This is the reason I previously mentioned in another thread. However, there's a lot more. These chips are made by eASIC Corporation.
Quote
easicopy ASIC provides OEMs with a seamless path from a eASIC Nextreme or Nextreme-2 NEW ASIC to a, cell-based, easicopy ASIC thereby enabling OEMs to further reduce device cost and power consumption, or increase performance.
easicopy ASIC provides OEMs with a low risk, vital addition to their existing value engineering programs. OEMs have peace of mind that as their product succeeds in the market they have a solid path to cost reduction, and hence higher gross profit margins.
The eASIC Continuum
With eASIC as a partner, OEMs have multiple solutions for cost reduction that can provide the optimum choice for their product evolution:
◾During market exploration or early volume ramp, greater market uncertainty may exist that may make it difficult to justify a cell-based ASIC NRE. eASIC’s low up-front NRE eASIC Nextreme or Nextreme-2 NEW ASIC devices enable OEMs to minimize risk while bringing profitable products to market early, and secure early customer design wins.
◾When initial customer successes transition to very high volume production, easicopy ASICs provide OEMs the choice to further reduce cost, power consumption and increase performance via a cell-based ASIC migration.
easicopy ASIC provides OEMs with a low risk, vital addition to their existing value engineering programs. OEMs have peace of mind that as their product succeeds in the market they have a solid path to cost reduction, and hence higher gross profit margins.
The eASIC Continuum
With eASIC as a partner, OEMs have multiple solutions for cost reduction that can provide the optimum choice for their product evolution:
◾During market exploration or early volume ramp, greater market uncertainty may exist that may make it difficult to justify a cell-based ASIC NRE. eASIC’s low up-front NRE eASIC Nextreme or Nextreme-2 NEW ASIC devices enable OEMs to minimize risk while bringing profitable products to market early, and secure early customer design wins.
◾When initial customer successes transition to very high volume production, easicopy ASICs provide OEMs the choice to further reduce cost, power consumption and increase performance via a cell-based ASIC migration.
and here is an example of one of the many products that Ken will have available once his engineers do the assembling:
64 GH/s Expands to 6.144 TH/s
Upgradeable To Next Generation
Hashing Cards
AVAILABLE FOR PREPAID PRE-ORDER ONLY
Limited Availability on these units (Shipping Starts November 2013)
ESTIMATED DELIVERY DATE WILL BE DISPLAYED UPON CHECKOUT
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