[VMC] Official Virtual Mining Corporation Discussion - page 24.

arorts

sr. member

Activity: 408

Merit: 250

Quote from: iikun on September 18, 2013, 12:25:49 AM

Isn't this shipping even yet? Bitfury spin-offs are now better economy than this sale price & already shipping Shocked

Agree. Rather stick to a proven, reliable provider actually shipping already, such as BF, that has also demonstrated an incredible customer commitment. I'm happy with them so far :-)

bbxx

hero member

Activity: 728

Merit: 500

cryptoshark

This product will be shipped directly from the United Satates. You will be responsible for all Duties and Taxes.

All Specification Subject To Changes Without Notice.

iikun

legendary

Activity: 1062

Merit: 1003

Isn't this shipping even yet? Bitfury spin-offs are now better economy than this sale price & already shipping Shocked

kslaughter

sr. member

Activity: 476

Merit: 250

Fast-Hash One You will be able to PRE-ORDER our 128 GH/s to 24.576 TH/s Bitcoin Miner Starting At $3,899

Now On Sales For $2,399.60.

Platinum: 256 GH/s Expandable To 24.576 TH/s
Gold: 128 GH/s Expandable To 12.288 TH/s
Zero Configuration - Plug and Play
4U Rack Mountable Case
High Quality Motherboard
Platinum Edition: ~1500 Watts Gold Power Supply
Gold Edition: ~750 Watts Gold Power Supply
Platinum Edition:1 to 6 256 GH/s Bitcoin Mining Modules
Gold Edition:1 to 6 128 GH/s Bitcoin Mining Modules
1 X 120mm High Speed Front Fan
4 80mm 2 Front 2 Rear Exhaust Fans
Auto Power Supply Fan
Power Supply Monitor Lights
Retainer For Full Height Modules
Base System 100 Watts
Mining Modules Gold: 100 Watts Platinum: 200 Watts
(Optional) 1 To 6 Expansion Cases
(Optional) Rack Mount Slides

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/

RoadStress

legendary

Activity: 1904

Merit: 1007

Quote from: iCEBREAKER on September 06, 2013, 05:32:12 PM

Quote from: RoadStress on September 06, 2013, 03:32:21 PM

Quote from: ?? on ??

Quote from: RoadStress on September 06, 2013, 03:22:24 PM

Quote from: Grinny on September 06, 2013, 12:14:22 PM

don't get me wrong, both products are actually listed in their shop (see links) - i don't know anything about a name change.
it's just a matter of customization: the silver machine goes from 64-384GH/S and the gold one from 128-768GH/S.
So, my common sense tells me, 384GH/S should cost the same, regardless if the machine is a silver or a gold one....
...but maybe there's some detail i missed that justifies the huge price difference...

Check this thread and you will see that the products were named Fast-Hash-One in the past. Now in order to attract more suckers they are named with Silver and Gold. This smells like cheap marketing. Caveat Emptor!

How would you have them be named (The deal with eASIC is done, the chips are being made and there's no amount of FUD you can throw at it to prove otherwise as the PR post is on eASICs website).

Anything constructive to say?

It's not the name that annoys me, it's the recent changes with Silver and Gold. Anyway i just wanted to point out that this company is fishy. Let's all just move along.

Bragraphics is touchy because he's been eating some very serious ACTM losses. Instead of getting out when he had the chance, he doubled down! Grin

He's pissed the eASIC PR pep rally had a shorter half-life than Seaborgium.

To him, if you're not cheerleading you're trolling. So get those poms-poms up and kick! Cheesy

Thank you for the clarification. I don't read the Securities forum so i wasn't up to date with the stuff going on there.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: RoadStress on September 06, 2013, 03:32:21 PM

Quote from: ?? on ??

Quote from: RoadStress on September 06, 2013, 03:22:24 PM

Quote from: Grinny on September 06, 2013, 12:14:22 PM

don't get me wrong, both products are actually listed in their shop (see links) - i don't know anything about a name change.
it's just a matter of customization: the silver machine goes from 64-384GH/S and the gold one from 128-768GH/S.
So, my common sense tells me, 384GH/S should cost the same, regardless if the machine is a silver or a gold one....
...but maybe there's some detail i missed that justifies the huge price difference...

Check this thread and you will see that the products were named Fast-Hash-One in the past. Now in order to attract more suckers they are named with Silver and Gold. This smells like cheap marketing. Caveat Emptor!

How would you have them be named (The deal with eASIC is done, the chips are being made and there's no amount of FUD you can throw at it to prove otherwise as the PR post is on eASICs website).

Anything constructive to say?

It's not the name that annoys me, it's the recent changes with Silver and Gold. Anyway i just wanted to point out that this company is fishy. Let's all just move along.

Bragraphics is touchy because he's been eating some very serious ACTM losses. Instead of getting out when he had the chance, he doubled down! Grin

He's pissed the eASIC PR pep rally had a shorter half-life than Seaborgium.

To him, if you're not cheerleading you're trolling. So get those poms-poms up and kick! Cheesy

RoadStress

legendary

Activity: 1904

Merit: 1007

Quote from: ?? on ??

Quote from: RoadStress on September 06, 2013, 03:22:24 PM

Quote from: Grinny on September 06, 2013, 12:14:22 PM

don't get me wrong, both products are actually listed in their shop (see links) - i don't know anything about a name change.
it's just a matter of customization: the silver machine goes from 64-384GH/S and the gold one from 128-768GH/S.
So, my common sense tells me, 384GH/S should cost the same, regardless if the machine is a silver or a gold one....
...but maybe there's some detail i missed that justifies the huge price difference...

Check this thread and you will see that the products were named Fast-Hash-One in the past. Now in order to attract more suckers they are named with Silver and Gold. This smells like cheap marketing. Caveat Emptor!

How would you have them be named (The deal with eASIC is done, the chips are being made and there's no amount of FUD you can throw at it to prove otherwise as the PR post is on eASICs website).

Anything constructive to say?

It's not the name that annoys me, it's the recent changes with Silver and Gold. Anyway i just wanted to point out that this company is fishy. Let's all just move along.

RoadStress

legendary

Activity: 1904

Merit: 1007

Quote from: Grinny on September 06, 2013, 12:14:22 PM

don't get me wrong, both products are actually listed in their shop (see links) - i don't know anything about a name change.
it's just a matter of customization: the silver machine goes from 64-384GH/S and the gold one from 128-768GH/S.
So, my common sense tells me, 384GH/S should cost the same, regardless if the machine is a silver or a gold one....
...but maybe there's some detail i missed that justifies the huge price difference...

Check this thread and you will see that the products were named Fast-Hash-One in the past. Now in order to attract more suckers they are named with Silver and Gold. This smells like cheap marketing. Caveat Emptor!

handytxg

member

Activity: 111

Merit: 10

Quote from: Grinny on September 06, 2013, 11:22:14 AM

Hey,

I'm wondering what's the difference between a "Fast-Hash One Silver Edition Bitcoin Mining Machine" @ 384GH/S
http://virtualminingcorp.com/shop1/index.php?id_product=21&controller=product#/fh_64ghs_module_a-total_384_gh_s_hashing
price: $4,543.29

AND A

"Fast-Hash One Gold Edition Bitcoin Mining Machine" @ 384 GH/S
http://virtualminingcorp.com/shop1/index.php?id_product=22&controller=product#/fh_exp_case_16_pcie_slots-no_expansion_case/fh_128ghs_module_a-384gh_500_watts
price: 7,884.05

I wasn't able to find out any significant differences between both machines, except the gold edition is about $3,340.76 more expensive than the silver one ........?

Hi, I think the price difference because Fast-Hash One Gold Edition is more Expandable
Fast-Hash One Silver Edition Expands to 6.144 TH/s
Fast-Hash One Gold Edition Expandable To 12.288 TH/s
Fast-Hash One Platunim Edition Expandable To 24.576 TH/s

CMIIW

Grinny

sr. member

Activity: 390

Merit: 250

don't get me wrong, both products are actually listed in their shop (see links) - i don't know anything about a name change.
it's just a matter of customization: the silver machine goes from 64-384GH/S and the gold one from 128-768GH/S.
So, my common sense tells me, 384GH/S should cost the same, regardless if the machine is a silver or a gold one....
...but maybe there's some detail i missed that justifies the huge price difference...

trigeek

sr. member

Activity: 252

Merit: 250

Quote from: RoadStress on September 06, 2013, 11:50:06 AM

This company changed it's product names so many times...I never saw such practice in a company.

It's easy to change names when there will never be anything to put a label on...

RoadStress

legendary

Activity: 1904

Merit: 1007

Quote from: Grinny on September 06, 2013, 11:22:14 AM

Hey,

I'm wondering what's the difference between a "Fast-Hash One Silver Edition Bitcoin Mining Machine" @ 384GH/S
http://virtualminingcorp.com/shop1/index.php?id_product=21&controller=product#/fh_64ghs_module_a-total_384_gh_s_hashing
price: $4,543.29

AND A

"Fast-Hash One Gold Edition Bitcoin Mining Machine" @ 384 GH/S
http://virtualminingcorp.com/shop1/index.php?id_product=22&controller=product#/fh_exp_case_16_pcie_slots-no_expansion_case/fh_128ghs_module_a-384gh_500_watts
price: 7,884.05

I wasn't able to find out any significant differences between both machines, except the gold edition is about $3,340.76 more expensive than the silver one ........?

This company changed it's product names so many times...I never saw such practice in a company.

Grinny

sr. member

Activity: 390

Merit: 250

Hey,

I'm wondering what's the difference between a "Fast-Hash One Silver Edition Bitcoin Mining Machine" @ 384GH/S
http://virtualminingcorp.com/shop1/index.php?id_product=21&controller=product#/fh_64ghs_module_a-total_384_gh_s_hashing
price: $4,543.29

AND A

"Fast-Hash One Gold Edition Bitcoin Mining Machine" @ 384 GH/S
http://virtualminingcorp.com/shop1/index.php?id_product=22&controller=product#/fh_exp_case_16_pcie_slots-no_expansion_case/fh_128ghs_module_a-384gh_500_watts
price: 7,884.05

I wasn't able to find out any significant differences between both machines, except the gold edition is about $3,340.76 more expensive than the silver one ........?

Ytterbium

full member

Activity: 238

Merit: 100

Quote from: iCEBREAKER on September 05, 2013, 03:34:30 AM

Quote from: Ytterbium on September 05, 2013, 03:28:53 AM

Quote from: iCEBREAKER on September 05, 2013, 03:25:29 AM

The secrets are about making the chip, not some torrid affair in Sunnyvale. Roll Eyes

No new information was in the press release, per NDA.

No, you're being ridiculous. The secrets include information a client will use to determine whether or not they want to go with eASIC. Like defect rates, cost per wafer, and that kind of thing. We don't even know what the PRICE of this service is.

It could have been a situation where Ken signs the NDA, and eASIC tells him it'll cost 1.2 million dollars and take six months, and have a yield of 10%. In that case, obviously he wouldn't go with them. But the NDA would still have been signed.

Saying there was an "agreement" because the NDA was signed is ridiculous.

We already knew there was an agreement because we helped Ken raise the NRE, knew he had a successful meeting, and signed an NDA.

That's why the rally fizzled in no time. This isn't hard to understand.

The stock is up 23% from where it started. In the "real world" a price jump like that is pretty good.

The overreaction had nothing to do with anything other then people like me and Mabsark who bought on the news, and then sold right away when it got up to 6+ right away, as opposed to trying to wait for it to 'peak'. I suppose there were probably some people who took the opportunity to sell for more then they'd paid for stock way back as well.

You have to remember, this is a market with only a tiny number of players. There's hardly any liquidity and most of the price variations are due to just a handful of traders making big moves. That can be for any reason.

Anyway I have no idea what the 'true' value of this stock should be. It's hard to price because we don't know how many chips are going to be made. A lot of that information won't come for a while.

But I do think the press release does make the stock a lot safer. Prior to this we didn't know what the status of the deal was, we didn't know if eASIC had signed on or if VMC had enough money to pay them. Now we do.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: Ytterbium on September 05, 2013, 03:28:53 AM

Quote from: iCEBREAKER on September 05, 2013, 03:25:29 AM

The secrets are about making the chip, not some torrid affair in Sunnyvale. Roll Eyes

No new information was in the press release, per NDA.

No, you're being ridiculous. The secrets include information a client will use to determine whether or not they want to go with eASIC. Like defect rates, cost per wafer, and that kind of thing. We don't even know what the PRICE of this service is.

It could have been a situation where Ken signs the NDA, and eASIC tells him it'll cost 1.2 million dollars and take six months, and have a yield of 10%. In that case, obviously he wouldn't go with them. But the NDA would still have been signed.

Saying there was an "agreement" because the NDA was signed is ridiculous.

We already knew there was an agreement because we helped Ken raise the NRE, knew he had a successful meeting, and signed an NDA.

That's why the rally fizzled in no time. This isn't hard to understand.

Ytterbium

full member

Activity: 238

Merit: 100

Quote from: iCEBREAKER on September 05, 2013, 03:25:29 AM

The secrets are about making the chip, not some torrid affair in Sunnyvale. Roll Eyes

No new information was in the press release, per NDA.

No, you're being ridiculous. The secrets include information a client will use to determine whether or not they want to go with eASIC. Like defect rates, cost per wafer, and that kind of thing. We don't even know what the PRICE of this service is.

It could have been a situation where Ken signs the NDA, and eASIC tells him it'll cost 1.2 million dollars and take six months, and have a yield of 10%. In that case, obviously he wouldn't go with them. But the NDA would still have been signed.

Saying there was an "agreement" because the NDA was signed is ridiculous.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: Ytterbium on September 05, 2013, 02:57:06 AM

Quote from: iCEBREAKER on September 04, 2013, 07:43:05 PM

Quote from: Vbs on September 04, 2013, 07:28:19 PM

Quote from: iCEBREAKER on September 04, 2013, 06:57:12 PM

Well sure, but eASIC had already published a signed letter confirming the deal with ACTM too, so a PR on eASIC's website likewise carries almost no weight.

No, eAsic didn't publish any signed letter and didn't confirm any deal before today.

Yes they did, it's in the FAQ.

Quote from: kslaughter on July 08, 2013, 05:47:13 PM

ActiveMining F.A.Q.

Can you please provide some documents as proof of the existing claims?

eASIC chip NDA: http://axs.net/AMC/eAsic-NDA0001.jpg and http://axs.net/AMC/eAsic-NDA0002.jpg

That's incorrect. They needed to sign the NDA just to start negotiations. The press release tells us the deal is closed. And as they say, coffee is for closers.

Quote from: iCEBREAKER on September 04, 2013, 08:31:31 PM

The 'A' in NDA stands for 'Agreement.' Roll Eyes

The market has known about an ACTM/eASIC agreement for a long time. Ken's meeting with them was long, long ago.

That's why the rally today was so brief. There was no new information in the press release, just a rehash of old stuff.

The 'agreement' in "NDA" is only to keep eachothers secrets, not to make a chip.

The secrets are about making the chip, not some torrid affair in Sunnyvale. Roll Eyes

No new information was in the press release, per NDA.

Ytterbium

full member

Activity: 238

Merit: 100

Quote from: iCEBREAKER on September 04, 2013, 07:43:05 PM

Quote from: Vbs on September 04, 2013, 07:28:19 PM

Quote from: iCEBREAKER on September 04, 2013, 06:57:12 PM

Well sure, but eASIC had already published a signed letter confirming the deal with ACTM too, so a PR on eASIC's website likewise carries almost no weight.

No, eAsic didn't publish any signed letter and didn't confirm any deal before today.

Yes they did, it's in the FAQ.

Quote from: kslaughter on July 08, 2013, 05:47:13 PM

ActiveMining F.A.Q.

Can you please provide some documents as proof of the existing claims?

eASIC chip NDA: http://axs.net/AMC/eAsic-NDA0001.jpg and http://axs.net/AMC/eAsic-NDA0002.jpg

That's incorrect. They needed to sign the NDA just to start negotiations. The press release tells us the deal is closed. And as they say, coffee is for closers.

Quote from: iCEBREAKER on September 04, 2013, 08:31:31 PM

The 'A' in NDA stands for 'Agreement.' Roll Eyes

The market has known about an ACTM/eASIC agreement for a long time. Ken's meeting with them was long, long ago.

That's why the rally today was so brief. There was no new information in the press release, just a rehash of old stuff.

The 'agreement' in "NDA" is only to keep eachothers secrets, not to make a chip.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: Vbs on September 04, 2013, 07:54:12 PM

Quote from: iCEBREAKER on September 04, 2013, 07:43:05 PM

Quote from: Vbs on September 04, 2013, 07:28:19 PM

Quote from: iCEBREAKER on September 04, 2013, 06:57:12 PM

Well sure, but eASIC had already published a signed letter confirming the deal with ACTM too, so a PR on eASIC's website likewise carries almost no weight.

No, eAsic didn't publish any signed letter and didn't confirm any deal before today.

Yes they did, it's in the FAQ.

Quote from: kslaughter on July 08, 2013, 05:47:13 PM

ActiveMining F.A.Q.

Can you please provide some documents as proof of the existing claims?

eASIC chip NDA: http://axs.net/AMC/eAsic-NDA0001.jpg and http://axs.net/AMC/eAsic-NDA0002.jpg

That's just a generic NDA, doesn't specify any deal being done. Today was the official release of the VMC/eAsic deal: http://www.easic.com/vmc-uses-easic-to-achieve-24-756-ths-bitcoin-miner/

Very different from the HashFast/Uniquify case: https://bitcointalksearch.org/topic/hashfast-announces-specs-for-new-asic-400ghs-262052 (signed letter from Uniquify about the chip development, dated July 24, 2013), while the official PR on Uniquify's website was published 20 days later, on August 13, 2013.

The 'A' in NDA stands for 'Agreement.' Roll Eyes

The market has known about an ACTM/eASIC agreement for a long time. Ken's meeting with them was long, long ago.

That's why the rally today was so brief. There was no new information in the press release, just a rehash of old stuff.

Vbs

hero member

Activity: 504

Merit: 500

Quote from: iCEBREAKER on September 04, 2013, 07:43:05 PM

Quote from: Vbs on September 04, 2013, 07:28:19 PM

Quote from: iCEBREAKER on September 04, 2013, 06:57:12 PM

Well sure, but eASIC had already published a signed letter confirming the deal with ACTM too, so a PR on eASIC's website likewise carries almost no weight.

No, eAsic didn't publish any signed letter and didn't confirm any deal before today.

Yes they did, it's in the FAQ.

Quote from: kslaughter on July 08, 2013, 05:47:13 PM

ActiveMining F.A.Q.

Can you please provide some documents as proof of the existing claims?

eASIC chip NDA: http://axs.net/AMC/eAsic-NDA0001.jpg and http://axs.net/AMC/eAsic-NDA0002.jpg

That's just a generic NDA, doesn't specify any deal being done. Today was the official release of the VMC/eAsic deal: http://www.easic.com/vmc-uses-easic-to-achieve-24-756-ths-bitcoin-miner/

Very different from the HashFast/Uniquify case: https://bitcointalksearch.org/topic/hashfast-announces-specs-for-new-asic-400ghs-262052 (signed letter from Uniquify about the chip development, dated July 24, 2013), while the official PR on Uniquify's website was published 20 days later, on August 13, 2013.

Topic: [VMC] Official Virtual Mining Corporation Discussion - page 24. (Read 85985 times)