Topic: I was asking myself the other day, "Why go with VMC?" (Read 2046 times)

It appears that you are trolling me, as you can tell from my negative feedback rating I gave you for stealing BTC from me.   
I believe these answers have been given to you in the other threads that you commonly troll.
If somebody else wants to ask these same questions instead, I would be happy to answer them.

what companies offer a miner protection plan?

also, no companies seem profitable according to http://mining.thegenesisblock.com/

How many GH/W?

   Why no Miner protection plan?

Shill-much?

Thank you for pointing out that error, I'll let Ken know!   

ok so after one week of bashing errors on website no one corrected this

LOL

discover the shocking secret other bitcoin miners don't want you to know!
VMC can be yours tonight for the low low price of 24 weekly payments of 9.99 plus free ebook
i increased my hashrate 30x with this one weird tip from ken slaughter!
How i made 499$ working from home using FastHash ®
AMC asics uses secret mining recipe passed down from generations
I was asking myself the other day, why go with VMC

Most of there machines are going for about 5 - 6 bucks a Gh.

http://mining.thegenesisblock.com/

nope, i decided to cancel that because I have an aversion to being ripped off

the pci-e cards are interesting, but seem poor economy compared to their other options btw. unless you're just after one card

Well if that's who you decide to go with, best luck to you.    This reminds me of a point I would like to mention -- VMC had over $200,000 worth of Avalon Chips on order and they just received their refund recently.  It has been announced that those refunds will be directly used for engineering costs of assembling the PCIe boards for the newer eASIC chips (which is faster than outsourcing when you have a dedicated team like VMC does).  This money will serve a much better use now, IMO.  It was for the best  

Unfortunately he uses cryptx, who is currently ripping off all of Burnin's existing customers from the Avalon board (incl me) by charging an insane markup. So I'm not endorsing these boards either, just pointing out that they are available   I believe that they can deal with large orders but don't quote me on that & I believe he outsources assembly to a factory.

I'll definitely check it out, thanks.  Does he assemble them himself or does he have an entire team?  Can he handle thousands of orders?

yup, that's right.  But Burnin is not Bitfury, he is only using their chips to create his own system. You can find his thread here in Custom Hardware  

edit: I'm not trying to attack you btw, just saying that checking Genesis block isn't effective due diligence. People should really chk around before investing

A starter Bitfury setup is $52/GH according to The Genesis Block.  

The big misconception about VMC is that you need to buy a fully upgraded system to get a good deal.  This is not true.  The Silver unit is $16/GH, still much lower than Bitfury.


$1000 gets you a 64GH/S Fast Hash machine from VMC.  That's $16/GH.

$1200 gets you a 25GH/S Bitfury Starter Kit.  That's ~$50/GH.

 

Burnin's bitfury chip board is currently 64GH/s and even with cryptx putting a 200+ Euro markup on them they are still cheaper than VMC starter system. If you buy the fully upgraded one for whatever hundreds of thousands it is then that may be better economy, but quite beyond most people here I think. Delivery is October for that btw.

http://mining.thegenesisblock.com/  
These have been very recently updated, and VMC is in the lead with $6/GH for 2013 delivery.
ROI will be easier than any of the competitors listed here.
Plus, due to lack of marketing, the queue is still small.  This gives you great opportunity, as VMC is more likely to deliver on time than a company who is clogged up with preorders right now.

edit: Cointerra has recently changed, but keep in mind that they will have a very long order queue compared to VMC, and so you are likely to wait much longer than what they tell you..  If you got in early with Cointerra then that would have been a slightly better choice, but not anymore.

I didn't work out higher hashing boards, but at the lowest hash rate this system won't ROI in November I think. Have u checked the numbers recently?

As far as payment methods, they take Check, Bank Wire and Bitcoins. 

First off, let me clear it up that this is not my company.  I am a shareholder.  This company is owned by Kenneth Slaughter of Virtual Mining Corp(855-663-2482)

That said, I would be happy to answer your question. 

This is from the website, www.virtualminingcorp.com:

What is your Miners protection and refund policy? and would you accept credit cards?

...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.

No need for an apology man!  bASIC was a company, I'll leave it at that.

lol 

my apologies!   

I don't think you caught the joke.   

yet eASIC is far from  being basic, check it out:


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

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....

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