Topic: kslaughter AND zumzero from ActM and VMC are deleting legitimate posts! - page 4. (Read 9401 times)

+1 on this

Original Miner hash rate, price an delivery date:

100 Fast-Hash-80's**    @ 80 GH/s each for a total of: 8 TH/s
Specifications: 110nm 282 MH/s chip 75 chips per board 4 boards per unit
Estimated retail value @ ~$6,000 each for a total of $600,000
(Estimated to be delivered August 2013)

100 Fast-Hash-80's**    @ 80 GH/s each for a total of: 8 TH/s
Specifications: 110nm 282 MH/s chip 75 chips per board 4 boards per unit
Estimated retail value @ ~$6,000 each for a total of $600,000
(Estimated to be delivered October 2013)

100 Fast-Hash-80's**    @ 80 GH/s each for a total of: 8 TH/s
Specifications: 110nm 282 MH/s chip 75 chips per board 4 boards per unit
Estimated retail value @ ~$6,000 each for a total of $600,000
(Estimated to be delivered December 2013)

100 Fast-Hash-80's**    @ 80 GH/s each for a total of: 8 TH/s
Specifications: 110nm 282 MH/s chip 75 chips per board 4 boards per unit
Estimated retail value @ ~$6,000 each for a total of $600,000
(Estimated to be delivered February 2014)

100 Fast-Hash-400's**    @ 400 GH/s each for a total of: 40 TH/s
Specifications: 45nm 6 GH/s chip 75 chips per board 1 board per unit
Estimated retail value @ ~$30,000 each for a total of $3,000,000
(Estimated to be delivered March 2014)

100 Fast-Hash-800's**    @ 800 GH/s each for a total of: 80 TH/s
Specifications: 45nm 6 GH/s chip 75 chips per board 2 boards per unit
Estimated retail value @ ~$60,000 each for a total of $6,000,000
(Estimated to be delivered May 2014)

100 Fast-Hash-1.2T's**    @ 1.2 TH/s each for a total of: 120 TH/s
Specifications: 28nm 9 GH/s chip 75 chips per board 1 board per unit
Estimated retail value @ ~$100,000 each for a total of $10,000,000
(Estimated to be delivered July 2014)

100 Fast-Hash-2.4T's**    @ 2.4 TH/s each for a total of: 240 TH/s
Specifications: 28nm 9 GH/s chip 75 chips per board 2 board per unit
Estimated retail value @ ~$200,000 each for a total of $20,000,000
(Estimated to be delivered September 2014)

100 Fast-Hash-4.8T's**    @ 4.8 TH/s each for a total of: 480 TH/s
Specifications: 28nm 9 GH/s chip 75 chips per board 4 board per unit
Estimated retail value @ ~$400,000 each for a total of $40,000,000
(Estimated to be delivered December 2014)


I especially enjoy the calculation that they were selling 80 GH/S Avalon clones in FEB 2014 for BTC80+
(Wait, isn't that around going rate for a Avalon Batch 2 order?)

No wonder they decided to 'change' the price, delivery date and hash-speed. I guess the question now (if they have moved to 28 nm) is what they are going to do with the 10.000s of already ordered Avalon chips?

I just can't stomach a company changing their plans this way AFTER raising 1000s of BTC from an IPO. Sorry.

and how many threads do they create? 

kslaughter now has more than either Asicminer and Avalon.

Ideally I don't think that op-moderated threads should live in general forums - they should have their own sub-forum - and sales shouldn't be allowed there at all.

So if someone is 'selling' something it then gets moved to correct sub-forum and OP is no longer able to remove posts.

We as a community have an interest in keeping the general forums as a place for discussion rather than advertisements/propaganda.

Yes, but everyone has a different threshold for being called a scammer over and over and over and over again. The community is generally very quick to pull the trigger.

There are plenty of scams being thrown around, but there has to be a line in the sand somewhere, as more proof is brought to light. Thinking everything is a scam is as bad as thinking everyone is trustworthy.

But at least users are allowed to talk on the threads instead of being deleted like in VMC thread...

I mean this lower than retard Inaba's practices. I don't even care if he has or not a product, but this practice makes me puke.

Yes, I'm sure 99% of the threads on this sub-forum have already existing products ready to be shipped.

Where have you seen the word scam on mine and others deleted posts?

I don't know about others, but it annoys me that AMC/VMC has created so many threads. It's totally unnecessary for a business which to date has exactly zero products.  If he stuck to his own little corner then he would be left alone a lot more, but when he creates new threads every week he kind of gets in peoples faces a bit too much...

I had 3 posts deleted by him, incl one where I pointed out he was illegally using an unlicensed image from a photo providing service without paying.  Great way to do business for a start, and this post deletion really builds trust!  I might go buy (read: pre-order) one of your totally unproven 4TH units right now!

Honestly, I get where your coming from (I have a BFL ore-order). But, using the word "Scam" on hardware producers thread is likely to be deleted under all circumstances even if your scam comments are tangential rather than a direct accusation against the company (i.e. "taking pre-orders is what scammers do"). You have to understand that legit companies tightly control public relations (and so do scammers).

There's already a 147 page AMC thread bashing AMC/VMC in any and every way possible. Not getting into this debate further. Sorry.

You've already more than made up your mind. Don't like, don't buy.

Nobody jumped to any conclusions.

Here's a copy of my last (and also deleted post from the thread) and if you'd been reading regularly since it's posting you'd have seen all the evidence yourself.
I should point out that the only difference between (originally) obvious scam and others is that the OP has refined his scam to bypass some of the concerns raised in the thread. Example: no longer accepting pre-orders. Editing some of his posts to correct spelling and grammar errors. Completely removing his 'defense' of his previous scams as well as all mention of them in the thread.

~


Lets recap the thread by going down FireFop's ASIC SCAM checklist:

1. CEO posting on forum?
2. Spelling and grammar errors?
3. Insane expectations re: development speed.
4. Accepting pre-orders.
5. Unrealistic pricing.
6. Dox quickly linked showing CEO has a history of scams.
7. CEO attempts to defend former scam(s) in the process revealing even worse spelling and grammar - even less understanding on the industry he's supposedly had experience in.
8. Someone breaks the business modem wide open using the numbers provided by the OP. Invalidates offering via economics and math.

Final Score 7/8 (nobody got #8, because scammer neglected to publish numbers).

+1 Bonus point for the scammer providing his own links to documentation of former scams!
+1 bonus point for the scammer correcting "typos" on his website!

Total Scam rating 112.5% scammy (not a new record unfortunately).

@OP 'nitch' is actually spelled niche... you know in case you wanted to go back and fix your spelling.

I wasn't jumping for conclusions. I was just pointing out his conduct with legitimate questions. Now he gave a decent reply and i'm waiting to see the prototype boards hashing. Mission accomplished.

The biggest problem is that there are so many scams nowadays that people just jump into conclusions, especially when the hardware looks very good, and the bashing starts.

In this case, yes, VMC is a whole owned subsidiary of ActiveMining and the chip development is not being paid with pre-orders, but with funds from ActiveMining shares sold and mining profits.

If it's a scam, then Ken has left himself very exposed by registering in the US. Also, a couple of AMC's biggest doubters are heading on a community sponsored road trip to check out AMC/VMC. (Ref: see AMC'S security thread.) So, I would hold off on those conclusions until that fact-finding mission is fulfilled.

Mine was rational, still deleted...

Yes it's obviously a scam - all the research and effort that we put into dis-proving it was a real product has been removed from the moderated thread.

Also - the same idiot who's apparently in charge of it... also has another sham company where he sells mining bonds to buy 'pre-orders' from himself.

My point is: you are invalidating your argument that Ken deletes rational posts by making irrational posts.

I don't read the Securities sub-forum and i asked my questions in the mining hardware branch. No answers and also deleted posts. A simple link or answer was more than enough.