Springfield Bitcoin Investment Plan Stopped by State of MO
OzarksFirst.com
http://www.ozarksfirst.com/story/d/story/bitcoin-scheme-stopped-in-springfield/42134/mpENjSmOFUOVEPibioIXYA
Jason Kander's office released a statement Monday claiming deceptive practices were used to get investors for a Bitcoin mining project. Kander says
Giving bitcoin bad name when Ken and Virtual Mining Corporation should be getting bad name.
450 S Union Ste H
Springfield, Missouri
65802
...
Topic: VIRTUAL MINING CORP (Read 9407 times)
Hello bitcoin miners!
I talked on this website about VMC and asked had anyone received a miner from VMC yet?
All said no, and also the fact that Kenneth Slaughter had not given his trusting prepaying customers updates
as to WHY we did not get the miners on time. I phoned and emailed until blue in the face, and then went to the forum
to see who else was not getting answerers! Kenneth who before getting my money would reply to emails and answer the phone.
Once he got the money I could not get him to reply to email or phone even after a month of trying.
BECAUSE I CONTACTED THE !!
Office of the Attorney General
Senior Advocate
Consumer Protection Division
P.O. Box 899|Jefferson City, MO 65102
E-Mail: [email protected]
Tel: (573)-751-8810 |Fax: (573) 751-7948
He then got the message loud and clear and got MAD and canceled my order with VMC!
I did not want that to happen but for him to reply to email and answer the phone !
I could not get him to talk to me so I went to Attorney General, and that is why he canceled my order!!!
Kenneth that is no way to run a company, with people money that put blind faith in YOU....
Kenneth you should have told the people that the miners would be late and why!
You cant just have your family run the company!
MY experience in dealing with VMC would tell anyone JUST stay away from VMC they are not operating with the customers best interest at heart!!!
I get the feeling that you may be the only "customer" that they ever had.I talked on this website about VMC and asked had anyone received a miner from VMC yet?
All said no, and also the fact that Kenneth Slaughter had not given his trusting prepaying customers updates
as to WHY we did not get the miners on time. I phoned and emailed until blue in the face, and then went to the forum
to see who else was not getting answerers! Kenneth who before getting my money would reply to emails and answer the phone.
Once he got the money I could not get him to reply to email or phone even after a month of trying.
BECAUSE I CONTACTED THE !!
Office of the Attorney General
Senior Advocate
Consumer Protection Division
P.O. Box 899|Jefferson City, MO 65102
E-Mail: [email protected]
Tel: (573)-751-8810 |Fax: (573) 751-7948
He then got the message loud and clear and got MAD and canceled my order with VMC!
I did not want that to happen but for him to reply to email and answer the phone !
I could not get him to talk to me so I went to Attorney General, and that is why he canceled my order!!!
Kenneth that is no way to run a company, with people money that put blind faith in YOU....
Kenneth you should have told the people that the miners would be late and why!
You cant just have your family run the company!
MY experience in dealing with VMC would tell anyone JUST stay away from VMC they are not operating with the customers best interest at heart!!!
Hello bitcoin miners!
I talked on this website about VMC and asked had anyone received a miner from VMC yet?
All said no, and also the fact that Kenneth Slaughter had not given his trusting prepaying customers updates
as to WHY we did not get the miners on time. I phoned and emailed until blue in the face, and then went to the forum
to see who else was not getting answerers! Kenneth who before getting my money would reply to emails and answer the phone.
Once he got the money I could not get him to reply to email or phone even after a month of trying.
BECAUSE I CONTACTED THE !!
Office of the Attorney General
Senior Advocate
Consumer Protection Division
P.O. Box 899|Jefferson City, MO 65102
E-Mail: [email protected]
Tel: (573)-751-8810 |Fax: (573) 751-7948
He then got the message loud and clear and got MAD and canceled my order with VMC!
I did not want that to happen but for him to reply to email and answer the phone !
I could not get him to talk to me so I went to Attorney General, and that is why he canceled my order!!!
Kenneth that is no way to run a company, with people money that put blind faith in YOU....
Kenneth you should have told the people that the miners would be late and why!
You cant just have your family run the company!
MY experience in dealing with VMC would tell anyone JUST stay away from VMC they are not operating with the customers best interest at heart!!!
I get the feeling that you may be the only "customer" that they ever had. I talked on this website about VMC and asked had anyone received a miner from VMC yet?
All said no, and also the fact that Kenneth Slaughter had not given his trusting prepaying customers updates
as to WHY we did not get the miners on time. I phoned and emailed until blue in the face, and then went to the forum
to see who else was not getting answerers! Kenneth who before getting my money would reply to emails and answer the phone.
Once he got the money I could not get him to reply to email or phone even after a month of trying.
BECAUSE I CONTACTED THE !!
Office of the Attorney General
Senior Advocate
Consumer Protection Division
P.O. Box 899|Jefferson City, MO 65102
E-Mail: [email protected]
Tel: (573)-751-8810 |Fax: (573) 751-7948
He then got the message loud and clear and got MAD and canceled my order with VMC!
I did not want that to happen but for him to reply to email and answer the phone !
I could not get him to talk to me so I went to Attorney General, and that is why he canceled my order!!!
Kenneth that is no way to run a company, with people money that put blind faith in YOU....
Kenneth you should have told the people that the miners would be late and why!
You cant just have your family run the company!
MY experience in dealing with VMC would tell anyone JUST stay away from VMC they are not operating with the customers best interest at heart!!!
Hello bitcoin miners!
I talked on this website about VMC and asked had anyone received a miner from VMC yet?
All said no, and also the fact that Kenneth Slaughter had not given his trusting prepaying customers updates
as to WHY we did not get the miners on time. I phoned and emailed until blue in the face, and then went to the forum
to see who else was not getting answerers! Kenneth who before getting my money would reply to emails and answer the phone.
Once he got the money I could not get him to reply to email or phone even after a month of trying.
BECAUSE I CONTACTED THE !!
Office of the Attorney General
Senior Advocate
Consumer Protection Division
P.O. Box 899|Jefferson City, MO 65102
E-Mail: [email protected]
Tel: (573)-751-8810 |Fax: (573) 751-7948
He then got the message loud and clear and got MAD and canceled my order with VMC!
I did not want that to happen but for him to reply to email and answer the phone !
I could not get him to talk to me so I went to Attorney General, and that is why he canceled my order!!!
Kenneth that is no way to run a company, with people money that put blind faith in YOU....
Kenneth you should have told the people that the miners would be late and why!
You cant just have your family run the company!
MY experience in dealing with VMC would tell anyone JUST stay away from VMC they are not operating with the customers best interest at heart!!!
I talked on this website about VMC and asked had anyone received a miner from VMC yet?
All said no, and also the fact that Kenneth Slaughter had not given his trusting prepaying customers updates
as to WHY we did not get the miners on time. I phoned and emailed until blue in the face, and then went to the forum
to see who else was not getting answerers! Kenneth who before getting my money would reply to emails and answer the phone.
Once he got the money I could not get him to reply to email or phone even after a month of trying.
BECAUSE I CONTACTED THE !!
Office of the Attorney General
Senior Advocate
Consumer Protection Division
P.O. Box 899|Jefferson City, MO 65102
E-Mail: [email protected]
Tel: (573)-751-8810 |Fax: (573) 751-7948
He then got the message loud and clear and got MAD and canceled my order with VMC!
I did not want that to happen but for him to reply to email and answer the phone !
I could not get him to talk to me so I went to Attorney General, and that is why he canceled my order!!!
Kenneth that is no way to run a company, with people money that put blind faith in YOU....
Kenneth you should have told the people that the miners would be late and why!
You cant just have your family run the company!
MY experience in dealing with VMC would tell anyone JUST stay away from VMC they are not operating with the customers best interest at heart!!!
Because merely "trying" with investors and customers money when you fully know you don't have the skills to do it, and you just intend to pay yourself a salary while not doing much, is a scam.
This is already a very well-known way to get paid to sit on your ass in the fiat world. They didn't invent anything.
Saying it's not a scam because they are incompetent is just disingenuous, if not retarded. They claimed they were competent.
And it's what I've been saying from the start, I don't care about eASIC press releases or whatever the fuck they come up with. They never had an intention to turn up a profit for the investors.
This is already a very well-known way to get paid to sit on your ass in the fiat world. They didn't invent anything.
Saying it's not a scam because they are incompetent is just disingenuous, if not retarded. They claimed they were competent.
And it's what I've been saying from the start, I don't care about eASIC press releases or whatever the fuck they come up with. They never had an intention to turn up a profit for the investors.
I agree with the bolded statement, but realistically there are plenty of competent individuals that start business that fail due to multiple reasons. ActM hasn't failed yet if you take away the detractors opinions so this argument is purely educational I assume.
If I felt Ken was incompetent I would have said that in my report. I told him as soon as we started talking that I did not care for his current business practices personally. After talking for over 3 hours I'm confident that he is competent even though I would have done a lot of things differently.
Thankfully they are doing something regardless of your opinion as I have physically seen the progress. You are very good as assuming intentions but you would be incorrect.
Edit: I have no intention on arguing with you over opinions. You will continue to cry scam, make up scenarios, and cause a fuss until there are chips. Once there are chips you will then rinse and repeat about anything and everything about them.
Agree with Augusto. Just because BFL set the bar for failure incredibly low in 2012 does not mean the bar is the same in 2014. Activemining's plan was to take a short cut to ASIC by using a FPGA hard copy route. That route could have paid off if they had hardware ahead of the custom ASIC suppliers in October as they first claimed.
With 3 custom 28 nm suppliers shipping, 3 more claiming to be ready within a few weeks, and 55 nm hardware flooding the market today, VMC is a total failure. Even aftermarket pricing for gear is going to drop into the $5 / GH/s range shortly, and AMC/VMC can't even produce gear for that price at their cost.
ActM hasn't failed yet if you take away the detractors opinions so this argument is purely educational I assume.
The fact is the company already failed. At this point no matter what you say, it is evident ActiveMining and Virtual Mining Corporation are façades of a single fraudulent scheme.
Quote
If I felt Ken was incompetent I would have said that in my report.
That is exactly what you report is saying.
Because merely "trying" with investors and customers money when you fully know you don't have the skills to do it, and you just intend to pay yourself a salary while not doing much, is a scam.
This is already a very well-known way to get paid to sit on your ass in the fiat world. They didn't invent anything.
Saying it's not a scam because they are incompetent is just disingenuous, if not retarded. They claimed they were competent.
And it's what I've been saying from the start, I don't care about eASIC press releases or whatever the fuck they come up with. They never had an intention to turn up a profit for the investors.
This is already a very well-known way to get paid to sit on your ass in the fiat world. They didn't invent anything.
Saying it's not a scam because they are incompetent is just disingenuous, if not retarded. They claimed they were competent.
And it's what I've been saying from the start, I don't care about eASIC press releases or whatever the fuck they come up with. They never had an intention to turn up a profit for the investors.
I agree with the bolded statement, but realistically there are plenty of competent individuals that start business that fail due to multiple reasons. ActM hasn't failed yet if you take away the detractors opinions so this argument is purely educational I assume.
If I felt Ken was incompetent I would have said that in my report. I told him as soon as we started talking that I did not care for his current business practices personally. After talking for over 3 hours I'm confident that he is competent even though I would have done a lot of things differently.
Thankfully they are doing something regardless of your opinion as I have physically seen the progress. You are very good as assuming intentions but you would be incorrect.
Edit: I have no intention on arguing with you over opinions. You will continue to cry scam, make up scenarios, and cause a fuss until there are chips. Once there are chips you will then rinse and repeat about anything and everything about them.
https://bitcointalksearch.org/topic/m.4629819
So Bargraphics this is the result of your so waited visit? Of course that sensitive answers are under NDA.
You still not convinced this is a fail venture?
So Bargraphics this is the result of your so waited visit? Of course that sensitive answers are under NDA.
You still not convinced this is a fail venture?
Actually I'm more convinced than ever that this is a legitimate company trying to make a product happen, that is offering full refunds to any customer that has asked for them.
If they end up failing in the end it won't be because they scammed anyone, it would be because of incompetence.
Again since you are so very interested in this company for some unknown reason you should make a trip and visit yourself. Anyone that is interested or are some sort of eWarrior out to find scams should go and visit but sadly you and everyone else screaming scam will not as it makes them accountable.
https://bitcointalksearch.org/topic/m.4629819
So Bargraphics this is the result of your so waited visit? Of course that sensitive answers are under NDA.
You still not convinced this is a fail venture?
So Bargraphics this is the result of your so waited visit? Of course that sensitive answers are under NDA.
You still not convinced this is a fail venture?
Ken hasn't shipped anything.
He has also missed his milestones by months and failed to produce any proof of a working device. He did spout some nonsense about 20% speed improvements.
Reading between the lines, I would guess their first build with easic resulted in chips that were non-functional.
He has also missed his milestones by months and failed to produce any proof of a working device. He did spout some nonsense about 20% speed improvements.
Reading between the lines, I would guess their first build with easic resulted in chips that were non-functional.
lol please...there is a difference between opinion and fact. there is no way u can conclusively say he has or has not shipped, there is just not enough proof as to validate either. that being said i wouldnt be surprised if he has absolutely nothing. also, to elaborate on milestones...u can't just scoop up all events in one swing and say, no, he didn't make any. he has missed some and not missed others (eASIC annountment, transfer to BF, transfer to CT(ill let u figure out which have and have not been made)). please keep the activemining shitstorm in its designated thread. the rest of the world does not need this.
So, between your opinions and my facts, who turned out to be correct?
You're better off trying to get a refund.
I got my refund. The turn around was actually about 5 days. The next 2 weeks were the bank making sure the check was real since they considered this not normal on my bank account.
I think the only way VMC can save themselves is to increase the GH of units.
BFL did it before and even KNC.
with the explosion in network hashrate I feel like my 256GH will never ever cut it
BFL did it before and even KNC.
with the explosion in network hashrate I feel like my 256GH will never ever cut it
There are no units!!
I think the only way VMC can save themselves is to increase the GH of units.
BFL did it before and even KNC.
with the explosion in network hashrate I feel like my 256GH will never ever cut it
BFL did it before and even KNC.
with the explosion in network hashrate I feel like my 256GH will never ever cut it
get a refund!
I think the only way VMC can save themselves is to increase the GH of units.
BFL did it before and even KNC.
with the explosion in network hashrate I feel like my 256GH will never ever cut it
BFL did it before and even KNC.
with the explosion in network hashrate I feel like my 256GH will never ever cut it
Figured you guys might want this from the main ActM thread:
Weekly Update 1/15/2013
Here in San Jose working with our partners to move our projects down the line. The RTL problem has been solved and I will be releasing more information about this over the next month. I will also over the next month be releasing the timeline on our chips as the information becomes available to us.
Kenneth E. Slaughter, CEO/CTO
Active Mining Corporation
Virtual Mining Corporation
Here in San Jose working with our partners to move our projects down the line. The RTL problem has been solved and I will be releasing more information about this over the next month. I will also over the next month be releasing the timeline on our chips as the information becomes available to us.
Kenneth E. Slaughter, CEO/CTO
Active Mining Corporation
Virtual Mining Corporation
You've got to be kidding me... no chips, no boards, no RTL code, no nothing...
I am so frustrated at this point, I am done defending VMC.
WTF has Ken been doing the past 9 months?
I am so frustrated at this point, I am done defending VMC.
WTF has Ken been doing the past 9 months?
The only thing I can be sure he has done is delete naysayers (incl me)'s posts.
Sorry for those who got sucked in. Pretty unbelievable companies which started after him are going to beat him to market by a considerable margin. If he ever comes up with anything that is..
You've got to be kidding me... no chips, no boards, no RTL code, no nothing...
I am so frustrated at this point, I am done defending VMC.
WTF has Ken been doing the past 9 months?
I am so frustrated at this point, I am done defending VMC.
WTF has Ken been doing the past 9 months?
kslaugher finally admits there are no chips and no boards. Not even in theory - they aren't past the design phase!
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.
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.
AHahahahaha. Yeah, they are fucked.
We should start a pool on when they go bankrupt.
Something tells me the bASIC play book is getting another kick at the can so to speak. And fuck why not, worked out like a fucking dream for old Tommy boy!!!
kslaugher finally admits there are no chips and no boards. Not even in theory - they aren't past the design phase!
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.
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.
AHahahahaha. Yeah, they are fucked.
We should start a pool on when they go bankrupt.
Why bother? None of it looks real and they already have all the money in the form of untraceable bitcoin. All they have to do is walk away.
kslaugher finally admits there are no chips and no boards. Not even in theory - they aren't past the design phase!
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.
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.
AHahahahaha. Yeah, they are fucked.
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