Topic: kslaughter AND zumzero from ActM and VMC are deleting legitimate posts! (Read 9403 times)

Why is there being no action taken to recover the alleged $250,000 + lost to MT GOX. as you so stated multiple multiple times?
This is the class action lawsuit filed.......... if we really lost those coins join the suit this will bring legitamacy to your claim!
Here is the suit contact the court!
http://www.scribd.com/doc/209823896/Greene-v-MtGox

Weekly Update 2/19/2014

We have started with a new vendor for our 28nm project.  Our custom 28nm will be very competitive in the market place and will be air cooled and use a double slot.  The estimate speed of the new card will be 432 GH/s and will be listed at $1499.00.

Management is preparing for the MSD investigation, management believes that the MSD will clear VMC of any wrong acts in Missouri as VMC has NOT offered ActiveMining shares.  Management believes that the company can be successful in the long run.  The management team is committed to seeing this through.

ActiveMining-PR Staff

We are expecting to recover most of the eASIC NRE.

Right... you only want revenge. You gave up hope already and youre convinced its a scam. Fine then sue. But most of the shareholders i know think this isnt a scam since eAsic is involved for sure. Only Ken screwed things a lot. That means we wont make riches anymore.

If this would be a scam you think it would matter if you sue him now or in 3 months? Explain why that would be. If i would be a scammer i would be gone with the bitcoins shortly after collecting them. I would have waited until i washed them and i would have made sure you cant catch me. So your sueing would be pointless. So when you sue him now you take advantage of the point that Ken is a real person and he most probably tried a real thing. Sorry... your behaviour doesnt make sense. I think youre so furious that you cant think calmly and beat around you in the hope things get better. Though that never helps.
I really would appreciate if people would be a little bit more levelheaded. You cant sue in months the same way like now. Ken wont run away... and when he really wanted to scam you can be sure that he already would be gone when you check this and try to sue him. Sorry... your argument makes no sense.

I'll just leave this here because ken is already deleting posts from his topic and because he can't do it here. I will also comment this at a later date.

Weekly Update: 1/8/13

Question From VinceSamios:


Crypto-Trade and ChromaWallet (colored Coins).  As soon as we get time to finish the
verification interface; however, our core business comes first and working on Intellihash.


Our engineers are still designing our board. We had to change our engineering firm, and
learn a few lessons about hiring an engineer firm.  We don't have a date at this time.


Due to our inexperience with design, we have had a few set backs; however, we have hired
the most competent RTL design team to make sure that when we spin up our chip it will work.  They are
very competent at Low-Power and getting the most speed from the chip.


Not at this time.

Comment From The CEO

How I see us going forward is we will get our chip and boards into production as soon as possible.  Active Mining is in one of the best positions to take advantage of the Bitcoin network.  Once we have our chips and boards in production this year we will be one of only two companies in the world which manufactures Bitcoin mining hardware and also mines.  With this combination we have unlimited availability to bitcoin mining hardware only limited by our resources.  What I see in the future is bitcoin's exchange rate for USD going to over $10,000 in the next year.  If this happens Active Mining with its own chip, our current resources which will be increasing with the exchange rate, and eASIC as our partner will put us in an excellent position to dominate our market.  Intellihash will just be an added boost should it turn out to be a game changer.

Kenneth E. Slaughter, CEO/CTO


Forward Looking Statements:

This press release contains forward-looking statements, including, without limitation, statements related to VMC’s future sales and the value of bitcoin and future hashing rates. Words such as "expects" and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based upon VMC’s current expectations. Forward-looking statements involve risks and uncertainties. The company’s actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation, economic conditions, customer business environment and inventory levels, government and technological factors outside of our control, adoption and roll-out of products, risks related to ability to capitalize on growth opportunities and markets, risks related to our ability to manage our growth and other risks that may cause our business, industry, strategy or actual results to differ materially from the forward-looking statements. VMC expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein.

Active Mining PR-Staff

This is weird.  Asking for specifics before giving someone money are valid questions.  I don't see anything wrong with many of the questions asked by the OP that have been deleted.

This is strange.

You are a sick puppy, that quote is from July 19th LOL

I have bought and sold my shares probably 15 times since then and have made out pretty well.

You play with petty cash,

One day you will run with the big boys if you keep attempting to persuade people you have any common sense at all.

Speaking of Emotional Attachment and Stocks, icedrill is very cold.

You sir are a certified moron. Relax though I'm about to break out some reality.

Picture this, my 97,000 Shares of AMC purchased at 0.0017 now selling for .0026. The NRE is paid for an VMC ASICs are in production.

I'll buy you a new helmet so you stop banging your head on the floor.

I'll just leave this here:


You are sending one hell of a message about this company and it's investors. All are retards. Way to go!

i don't really care about my bitcointalk rep, as you can see lol

just wanted to bump this thread, whos gonna stop me? thought so

Keep talking about VMC good or bad!

No, we all knew you were full of shit.  That's the subtle point that just went flying over your head, nimrod.

Once a bullshitter, always a bullshitter.  The more people that know that, the better.

LOL You believed that? You sir are a certified moron. Relax though I'm about to break out some reality.

Picture this, my 97,000 Shares of AMC purchased at 0.0017 now going for .0026. The NRE is paid for an VMC ASICs are in production.

I'll buy you a new helmet so you stop banging your head on the floor.

Inspector Megamouth strikes again!

I can only say the following:

I've met him. He's off. I probably wouldn't wager on what the specifics sort of off. But if we assume that it isn't some medical or psychological condition (fetal alcohol syndrome?) then I have no idea what it is... but whatever it is, the dude just feels wrong.

VMC will either be an epic scam, an epic fail, or a great success. I am excited to see which one (I hold no investments with them.)  

On a side note, I met someone at the Bitcoin conference that said he had met Ken Slaughter earlier in the day and he was quite weird/strange.. (something along those lines). He also said he would never do business with him. I'm not sure what to make of this because I didn't personally meet him face to face, and the guy that told me this seemed a little "interesting" himself, so I'd take it with a grain of salt. But just FYI...

sure, but moderating your own "sales thread" in a non-sales section of this forum is akin to Google deliberately suppressing anti-Google sites via their algorithm.
He should post it in the sales section.  oh, but he posted there too I think! That guy has more threads here than Bill Gates has dollars

Although you did create a new topic, Im just saying...

Anyone else had their posts deleted?

Someone commented on that before (bolded):

I expected them to delete my post - I knew it was self-moderated thread.
I just expected they would delete quickly, in a day or two. Actually my post has been there unaffected for about a month, so I consider it a success in warning the others.

I feel the need to chime in a moment here. I have been to VMC's offices and they are for
real. They have some some cases and power supplies received (ironically exactly the case
shown on their website which others were giving them grief about using "stock" photos).
They have a product flow layout plan which they shared and they were more than happy
to give us a tour.

I am a totally uninvolved third party (though we may offer some assistance in product flow
through their assembly plant if further requested).

Anyway, whether they can or cannot delivery ASIC chips of their own design is not for me
to say. I do, however, fully believe they intend to deliver and are not running a scam.

A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave.
You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations.

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

VMC will either be an epic scam, an epic fail, or a great success. I am excited to see which one (I hold no investments with them.)  

On a side note, I met someone at the Bitcoin conference that said he had met Ken Slaughter earlier in the day and he was quite weird/strange.. (something along those lines). He also said he would never do business with him. I'm not sure what to make of this because I didn't personally meet him face to face, and the guy that told me this seemed a little "interesting" himself, so I'd take it with a grain of salt. But just FYI...

Was that so hard to post? I don't think so. This should be in the VMC thread instead of deleted posts to inquiries.

Inspector Megamouth strikes again!

Ok, since you seem genuinly interested I'll give you a quick recap of all the major stuff that happened so far:

• ActiveMining currently owns VMC and AMC;
• AMC currently has 6 Avalons (~430GH/s) mining on BTC Guild; more 68 Klondike-16 boards are also coming this month (~307GH) and the 20,000 avalon chips + boards are expected to be fully operational in August (~5,640 GH/s);
• VMC will be able to sell both Avalon clones and 28nm systems;
• Ken has been optimizing the RTL code for ActiveMining's chip for a year now, the current chip specs are the simulation results provided by eAsic, not from him;
• The results from eAsic using his RTL allow for 20 mining cores per chip, at a frequency from 800MHz (16GH/s) to 1GHz (20GH/s), with an estimated power consumption around 15W per chip (800MHz).

Cool, so this potentially following in the footsteps of ASICminer, by building and hosting shared hashrate, with sales on the side of new, and old stock as, and when it becomes redundant or available?

Ok, since you seem genuinly interested I'll give you a quick recap of all the major stuff that happened so far:

• ActiveMining currently owns VMC and AMC;
• AMC currently has 6 Avalons (~430GH/s) mining on BTC Guild; more 68 Klondike-16 boards are also coming this month (~307GH) and the 20,000 avalon chips + boards are expected to be fully operational in August (~5,640 GH/s);
• VMC will be able to sell both Avalon clones and 28nm systems;
• Ken has been optimizing the RTL code for ActiveMining's chip for a year now, the current chip specs are the simulation results provided by eAsic, not from him;
• The results from eAsic using his RTL allow for 20 mining cores per chip, at a frequency from 800MHz (16GH/s) to 1GHz (20GH/s), with an estimated power consumption around 15W per chip (800MHz).

Sorry total disagreement here. I'm on the receiving end of a fair bit of negativity as I flew to Sweden to check out KnC.

That doesn't make me hardcore anything, just diligent. I've been fair to every company, including Terrahash as you well know, but I will call a spade a spade.

Admittedly I wasn't fully aware of AMC's role in bulk Avalon chip orders as they choose to post outside of the custom hardware section, so then there is some sense in VMC suddenly change in product offering, but not post deletion. That is a PR clusterfuck now that is biting KSlaughter, and will continue to until he has something Tangible. KnC have never done that.

Also KnC have a shit-hot design team with multiple NDAs signed over the years with multiple foundries. Not that an NDA means shit these days anyway, and before someone tries to claim the opposite, it really doesn't, not to any decent legal team.

VMC now have a new product offering, but we have yet to see any evidence of talent aside web design, that's a huuuuge difference.

In any case I'm bullish on KnC as they are a cracking bunch of quality engineers who appear to have integrity and the competitive mindset required to succeed, but I'm longing to see some other competition that doesn't contain a bunch of amateurs (this last sentence is in not way directed at KSlaughter, it's a generalised statement of the current companies and how they publicly choose to behave through their own free choice).

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.

Bitcoinorama is hardcore on the KnC Train,

I am too (10 Jupiters ordered), but that doesn't cloud my judgement of another company.

There are a thousand ways to do the same thing, some ways are more "correct" than others but that doesn't matter really as long as they reach the same destination.

I still don't understand your point about them changing their pricing/specs. If you have a product that isn't selling (regardless of if it is vapourware or not) you have to make changes in order to actually sell it. I'm sure he probably received interest in his products but no actual pre-orders, and if he did I'm also sure that he is giving them the new prices.

On your second note, the reason they update all of these prices/specs is because they do have something "in production". If a signed NDA is the beginning of the production process...

Since now they can actually assess their costs and current difficulty trend.

In my opinion they seem to be in the same spot KnC was when they started taking pre-orders, just without the FPGA.

VMC was selling pre-orders of Avalon clones during a specific time-frame. Any that were not sold will be used for mining under ActiveMining, so they will definitely exist, just not to whoever didn't order one. There are 2 orders of 10,000 Avalon chips, one from the last days of May and another from the beginning of June, so those 20,000 chips will need a home. The current systems listed are based on the 28nm chip specs.

Sorry, but most of what you said can be applied to KnC too, for example. They are accepting pre-orders for products that are still in the design stage. Same thing.

Yes, but weren't VMC already accepting pre-order cash for vapourware they now have no intention of delivering, now they've scrapped all original devices and are claiming a total turn on the spot?

Again a company that spends more time on creating a website than producing goods. What are the chances they will change products a third time? Why bother to update the site until you have something solid and at least in production?!

AMC/VMC would have less of a mountain to climb if they just ditched AMC/VMC and started afresh when they had something tangible and concrete instead of hot air and false promises. Instead they now have created distrust, and have pretty sites with products that don't exist replacing products that were promised and will never exist. Why believe these new future products are anything other than speculative concepts? If anything this is the most dire PR of any Bitcoin ASIC company yet, including Butterfly Labs.

Don't promise what you have no intention of delivering...instead under promise and over deliver!

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

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.

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...

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.

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.

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

Please follow the history. I wasn't trolling at start. I was asking legitimate questions who were ignored. Now i'm trolling since i was treated like this by the OP. Since he is allowed to delete my legitimate questions i think i'm allowed to troll. Troll on!

VMC has a signed NDA with eAsic from May 2013. https://bitcointalksearch.org/topic/activemining-the-official-active-mining-discussion-thread-252531

This is hardly proof you are not trolling. You seek to prove your innocence by confirming your guilt.   

Odd how there has been a few recent posts in the KnC thread this week suggesting they are taking the easic route, with it then explained once a few members wants clarification, now all of a sudden VMC is spontaneously embarrassing this method of manufacture which hadn't previously been mentioned in this forum...

Lets start a delete war. Let's see how many posts and how much time will you lose by deleting my posts

https://bitcointalksearch.org/topic/kslaughter-and-zumzero-from-actm-and-vmc-are-deleting-legitimate-posts-253282

We have decided to go straight to the 28nm chip, we can have chips within 12 weeks from the time we approve our RTL code.

Fast-Hash-80 now available for Pre-Order.

Bitcoin 2013 Special 20% (71 BTC)Off during the show.

www.virtualminingcorp.com

Not for asking, for trolling.

So when asking details about your products is bashing?

Bash all you want in this thread.  Mine is for discussing the merits of our products.

Fast-Hash-One now available in the VMC Store for 20% off now thru July 7th:

http://virtualminingcorp.com/shop1/index.php?id_product=10&controller=product

The base unit allows for up to 6 cards and goes from 256 GH/s to 1.536 TH/s.

You can add up to 6 Expansion Cases and 96 cards for a total hashing rate of 24.576 TH/s

Fast-Hash-One now priced at $3,999

• 256 GH/s
• Fast-Hash-One chip @ 16 GH/s
• Expandable To 6-256 GH/s Cards In Base Unit
• Expandable Using Up To 6 Expansion Cases with a total of 96 Cards
• Expandable To 24.576 TH/s
• Low Power Requirements < 200 Watts Per Card
• Shipping 10/31/2013
• Batch 1 Limited To 300 Units

Our Fast-Hash-One chip is being developed for VMC by

eASIC: http://www.easic.com

using there Fast ASIC Turn Around process

http://www.easic.com/high-speed-transceivers-low-cost-power-fpga-nre-asic-45nm-easic-nextreme-2/easic-nextreme-2-fast-turnaround-asics-manufacturing/