Topic: VMC Fast Hash Price Drop = 64GH/s for $1K in November (Read 4040 times)

What is your Order# and have you contacted VMC in regards to a shipping date? Please contact them and see where you are in the order queue. Thanks.

My order is dated at 24-7-2013
Still there are no news of shipping.
My friend ordered from KNC and he already at 200% profits

Uh.........it is December,right

"Limited Availability on these units (Shipping Starts November 2013)"

"ESTIMATED DELIVERY DATE WILL BE DISPLAYED UPON CHECKOUT"

Nevermind,found this:

"Availability date: 2013-12-31 "  

Having not seen any "News",not sure what to think

So when are these due? I want to pre-order but don'tr want to wait forever...

   Nice catch realizing energy costs will dominate BTC mining, as they do in gold, once we reach tech equilibrium.

Another astute observation is asking 'why the pre-orders if NRE is paid?'

It takes a metric shit-ton of PCB to house the bazillion slow-ass chips ACTM made, and that's so expensive it makes NRE look cheap.

ACTM may soon sell more shares to cover the $2-$3 million expense of assembling/testing/deploying hundreds of thousands of chips onto tens of thousands of boards.

I expect this to happen because the paltry pre-orders don't even come close to enough.

Presumably you've heard of scrypt by now? ...you are aware that single sc's are more efficient than ActM's fleet of (6)Avalons correct?

You're completely out of your element here aren't you VE?

Overpriced at $6/GH?? Are you nuts?  You're just trolling, which is very unprofessional since you're supposed to represent your company.  Where's your manners?  You are still mining with video cards and BFL singles, not just avalons.. so I can see why you're complaining about power efficiency. 

ROFL

Whatever shred of credibility you had left just went buh bye. ActM is hashing with Avalons DOOFUS. They're doing so because their own vaporware won't be around for months.

I think we're done here...keep your overpriced inefficient vaporware.

If the up front costs are already paid why the pre-orders then?

The guy was saying earlier that no company is ever going to sell mining rigs for any less than the amount of coins they will ever mine, because it makes no sense to sell the rigs instead of mining with them.

So basically parting with any rigs is just a side-scam to help defray the cost of the company's private mining centres. Which, considering they could host their miners in places with $0.02 per KWH electricity, also means it makes no sense to sell them if mining with them at $0.02 per KWH power would rake in more money.

In short they are saying it makes no sense to be in the mining hardware business, the only business that makes sense is the actual mining business, and that only if you design and have-foundried your own chips.

I guess the big problem bitcoin mining has compared to gold etc mining is the lack of a stake. If miners needed a stake - a place to actually mine, kind of thing - then it could make sense to be in the mining hardware business because you could be in that busienss without having to own any actual gold-mines like the actual miners - of gold etc - have to do.

So maybe a new kind of stake-based mining would be a good innovation for a coin: one where to do mining at all you have to have a stake, so that hardware-only companies will no longer consider merely supplying hardware to "not make sense" compared to actually mining.

-MarkM-

Come see me when you have a product to ship. 

Consider it a christmas present lol


NRE is already paid. ~1m $ . but its already paid.

VMC sells mining equipment
ActM mines bitcoins

2 different things.

Yeah he basically seems to be saying the company is not actually in the mining-hardware business, they are just selling a few small pieces of their private farm at exorbitant prices to get their farm R&D and NRE paid then will be yet another private farm driving us all out of business with a farm we (aka a bunch of suckers) paid the R&D/NRE for.

-MarkM-

Wise decision.. these VMC pre-order pump clowns are amusing..


This guy is a riot.. 

Well I guess come the 20th to 25th or so of december I'll check back to see if same day shipping is available yet and if so consider ordering.

-MarkM-

I'm very amazed that "american marketing" still works...

You are safe with starting in December, even early 2014.  These are built to be profitable for quite awhile, especially if you go with the $6/GH machines.  There is no way Cointerra will be delivering on time, with that large of an order queue. VMC will kill the competition.  Also, see my recent posts on why these "protection plans" are huge red flags.  They know they're going pull a BFL on all of us so they're preparing the damage control already.

I can see your hardware is pretty ancient... no offense, but in BTCland you're considered a dinosaur:
"(9)Avalon ASICs(30 hashing modules total), (1)BFL Minirig SC, (4)BFL Single SCs, (2)Radeon 7770, (2)Radeon 6770"
those BFL rigs are costing you $50/GH, I can't even imagine what those Radeon boards are doing to your house.  No fires yet?  

Yes, you would know a lot about heat wouldn't you!  

Once these Fast Hash machines are as old as Radeon 6770's, we'll start comparing power efficiencies with competitors.

Fact is, electricity costs don't matter until you're struggling to crank out a few satoshis with those video cards of yours.  By this time you have already made your money, and you can toss it out.

I'll say this again, we don't even know exact GH/W at this point, but we're dealing with eASIC here.  They are a LEADING semiconductor company so why wouldn't they make their efficiency competitive?  

I walked through the order process and once I got to shipping it told me my order should arrive 20th to 23rd of december.

So from that it seems like any talk about novermber is long out of date by now.

-MarkM-

Why would I need a calculator? I run a mining company, I have gear running 24/7 and the electricity bills to prove it. The difference between 1w/Gh/s and 2w/Gh/s can make a huge difference in potential returns depending on price/kWh. You sound like somebody speaking about a topic for which you have little practical experience. Never mind that bitfury has gear out now that uses under 1w/Gh/s and you're hawking wares that won't even be around until December.  

I have mined quite a bit actually, and have not experienced the problems you are describing.  They are exaggerated.  Difficulty is literally a hundred times more of a culprit of profit loss than electricity is, especially in the first run to 100% ROI  Punch some numbers in on that calculator and you will see that.