LMAO ohh Belize another Cayman Islands, these guys are real trust worthy. It's easy to outline a scam, set up shop in a fishy jurisdiction, have a mailing address somewhere in London.
Scammer's usually don't make it easy to order a product. Hence their insanely complicated ordering with expansion slots, and 1000 different configurations, with absolutely no explanation.
Topic: [VMC] Official Virtual Mining Corporation Discussion - page 26. (Read 85978 times)
Completely missed that. Sorry and thanks!
Hello all! I just wanted to pass along a few updates while I am onsite meeting with the engineering firm regarding the Avalon clones. First though, I would like to apologize for the delay on transferring the shares from AMC-TENDER back into your accounts on BitFunder as ActiveMining shares. It has been a hectic week(s) and I have not had time to get these processed. I am planning on having all of the tendered shares in AMC-TENDER out the door by end of business Friday along with dividends after the transfer. I cannot get to these until Friday because I am still on the west coast finalizing some orders of business with the engineers on the prototypes.
Remaining shares that are not in the AMC-TENDER account:
I have talked to Ukyo, hopefully, regarding the remaining shares on AMC BitFunder, and what we can do to get them automatically processed and transferred over to ActiveMining. At this point, I would like to request that no one else sends me their AMC shares to AMC-TENDER, so that they can all be converted automatically. I will manually tender any remaining shares in the queue before then as well so no one is left behind.
Remaining shares that are not in the AMC-TENDER account:
I have talked to Ukyo, hopefully, regarding the remaining shares on AMC BitFunder, and what we can do to get them automatically processed and transferred over to ActiveMining. At this point, I would like to request that no one else sends me their AMC shares to AMC-TENDER, so that they can all be converted automatically. I will manually tender any remaining shares in the queue before then as well so no one is left behind.
Hey guys,
Just wanted to post an update about the AMC -> ActiveMining conversion.
Ken did contact me asking if it could be done and I am working on it.
Since this is the first time it will be be done I am writing a script for this procedure and want to put it through a few runs on the live-copy internal test system and make sure all logging and other much needed data is 100% before actually executing it. I don't want any issues out of this.
For those of you who say 'just have it take AMC, and give us ActiveMining' its not as simple as that when you do extreme logging, share tracking, transaction entries, etc.
I just want to spend the right amount of time to make sure things go as smoothly as possible and not "slap a simple script together".
I was hoping to get it done today but had some family stuff to deal with. Hopefully it will be doable within the next 20~24 hours or possibly sooner depending on time availability.
Thanks for your patience and understanding!
Ukyo
Just wanted to post an update about the AMC -> ActiveMining conversion.
Ken did contact me asking if it could be done and I am working on it.
Since this is the first time it will be be done I am writing a script for this procedure and want to put it through a few runs on the live-copy internal test system and make sure all logging and other much needed data is 100% before actually executing it. I don't want any issues out of this.
For those of you who say 'just have it take AMC, and give us ActiveMining' its not as simple as that when you do extreme logging, share tracking, transaction entries, etc.
I just want to spend the right amount of time to make sure things go as smoothly as possible and not "slap a simple script together".
I was hoping to get it done today but had some family stuff to deal with. Hopefully it will be doable within the next 20~24 hours or possibly sooner depending on time availability.
Thanks for your patience and understanding!
Ukyo
[emphasis added]
Weren't the dividends supposed to have been paid out yesterday? Or is my math just off by a day.
Bitcoin difficulty / ROI chart
http://sdrv.ms/16njy51
credit goes to:
http://www.reddit.com/user/sdmented
http://sdrv.ms/16njy51
credit goes to:
http://www.reddit.com/user/sdmented
Anyone interested in a group buy of one of these units see here:
https://bitcointalksearch.org/topic/m.2793928
https://bitcointalksearch.org/topic/m.2793928
Your most powerful miner has 24576ghs and cost 538838$. But if I buy 96 base miner cost 383904$ with same hashrate. is completely illogical. in a market where the buyer does better price higher.
When you buy 96 base miners the space taken up is 384 U's, when you buy the 24.576 GH/s unit the space taken up is only 34 U's
Quote
Why I will buy 100 chips (ghs 1600) for $ 30,000 or 60000$? If 7 simple miners have hashrate of 1792ghs for less than 28000$
http://virtualminingcorp.com/shop1/index.php?id_product=14&controller=product 30000$
http://virtualminingcorp.com/shop1/index.php?id_product=18&controller=product 60000$
http://virtualminingcorp.com/shop1/index.php?id_product=14&controller=product 30000$
http://virtualminingcorp.com/shop1/index.php?id_product=18&controller=product 60000$
The base unit is a great buy now. You should buy all you can.
Thanks for fast answer, but you will lose 155000$ & 90 cases.
Would think would be good for both small and in the large buyers.
If a miner with 10 cards 256ghs [2.56 Ths] costs $ 39,990. It would be more attractive than 49000$
Thanks
you must have a ton of space/power/cooling/etc if you think 384U is the same as 34U. the "attractive" part of this is the large hashing power in a compact space.
you know what would be more attractive than $49000? $4900. any number lower than 49000 is more attractive than 49000...
If the power consumption and heat dissipation of miners are 90-95% the chips. The difference in cooling and electric is 5-10%.With $ 150,000 you have to pay the 10% even 30% for years.
You will probably have to host it in a DC because of power/heat limitations. Given a full 42U rack is usually 1000-2000 USD/month and you need 9-10, not even counting setup costs or power usage. If power doesn't really count, after a year you will not have saved anything and will actually start to loose money wrt the 34U unit. I think that justifies/explains the 150K price difference.
But you're saying.
Why do you need racks? You prepare a room with cooling system.
If 10% of the power consumption are $ 150,000 a year. That means it consumes 1500000 $ per year in electricity.
If one kWh costs $ 0.15. You need to consume consume 1.1 GWh in elctriciadad 1.5 million in one year.
Almost throw the Delorean "Back to the Future" Buy BTC at 5$
Your most powerful miner has 24576ghs and cost 538838$. But if I buy 96 base miner cost 383904$ with same hashrate. is completely illogical. in a market where the buyer does better price higher.
When you buy 96 base miners the space taken up is 384 U's, when you buy the 24.576 GH/s unit the space taken up is only 34 U's
Quote
Why I will buy 100 chips (ghs 1600) for $ 30,000 or 60000$? If 7 simple miners have hashrate of 1792ghs for less than 28000$
http://virtualminingcorp.com/shop1/index.php?id_product=14&controller=product 30000$
http://virtualminingcorp.com/shop1/index.php?id_product=18&controller=product 60000$
http://virtualminingcorp.com/shop1/index.php?id_product=14&controller=product 30000$
http://virtualminingcorp.com/shop1/index.php?id_product=18&controller=product 60000$
The base unit is a great buy now. You should buy all you can.
Thanks for fast answer, but you will lose 155000$ & 90 cases.
Would think would be good for both small and in the large buyers.
If a miner with 10 cards 256ghs [2.56 Ths] costs $ 39,990. It would be more attractive than 49000$
Thanks
you must have a ton of space/power/cooling/etc if you think 384U is the same as 34U. the "attractive" part of this is the large hashing power in a compact space.
you know what would be more attractive than $49000? $4900. any number lower than 49000 is more attractive than 49000...
If the power consumption and heat dissipation of miners are 90-95% the chips. The difference in cooling and electric is 5-10%.With $ 150,000 you have to pay the 10% even 30% for years.
You will probably have to host it in a DC because of power/heat limitations. Given a full 42U rack is usually 1000-2000 USD/month and you need 9-10, not even counting setup costs or power usage. If power doesn't really count, after a year you will not have saved anything and will actually start to loose money wrt the 34U unit. I think that justifies/explains the 150K price difference.
Your most powerful miner has 24576ghs and cost 538838$. But if I buy 96 base miner cost 383904$ with same hashrate. is completely illogical. in a market where the buyer does better price higher.
When you buy 96 base miners the space taken up is 384 U's, when you buy the 24.576 GH/s unit the space taken up is only 34 U's
Quote
Why I will buy 100 chips (ghs 1600) for $ 30,000 or 60000$? If 7 simple miners have hashrate of 1792ghs for less than 28000$
http://virtualminingcorp.com/shop1/index.php?id_product=14&controller=product 30000$
http://virtualminingcorp.com/shop1/index.php?id_product=18&controller=product 60000$
http://virtualminingcorp.com/shop1/index.php?id_product=14&controller=product 30000$
http://virtualminingcorp.com/shop1/index.php?id_product=18&controller=product 60000$
The base unit is a great buy now. You should buy all you can.
Thanks for fast answer, but you will lose 155000$ & 90 cases.
Would think would be good for both small and in the large buyers.
If a miner with 10 cards 256ghs [2.56 Ths] costs $ 39,990. It would be more attractive than 49000$
Thanks
you must have a ton of space/power/cooling/etc if you think 384U is the same as 34U. the "attractive" part of this is the large hashing power in a compact space.
you know what would be more attractive than $49000? $4900. any number lower than 49000 is more attractive than 49000...
If the power consumption and heat dissipation of miners are 90-95% the chips. The difference in cooling and electric is 5-10%.With $ 150,000 you have to pay the 10% even 30% for years.
you must have a ton of space/power/cooling/etc if you think 384U is the same as 34U. the "attractive" part of this is the large hashing power in a compact space.
That's easy. Just take cards out of a bunch of boxes, and fully populate the other ones. Then throw away a HUGE PILE of extra cases, base boards, and power supplies, and you still paid less. Or hell, sell the PSU's and cases for scrap and you got it all for even cheaper!
Your most powerful miner has 24576ghs and cost 538838$. But if I buy 96 base miner cost 383904$ with same hashrate. is completely illogical. in a market where the buyer does better price higher.
When you buy 96 base miners the space taken up is 384 U's, when you buy the 24.576 GH/s unit the space taken up is only 34 U's
Quote
Why I will buy 100 chips (ghs 1600) for $ 30,000 or 60000$? If 7 simple miners have hashrate of 1792ghs for less than 28000$
http://virtualminingcorp.com/shop1/index.php?id_product=14&controller=product 30000$
http://virtualminingcorp.com/shop1/index.php?id_product=18&controller=product 60000$
http://virtualminingcorp.com/shop1/index.php?id_product=14&controller=product 30000$
http://virtualminingcorp.com/shop1/index.php?id_product=18&controller=product 60000$
The base unit is a great buy now. You should buy all you can.
Thanks for fast answer, but you will lose 155000$ & 90 cases.
Would think would be good for both small and in the large buyers.
If a miner with 10 cards 256ghs [2.56 Ths] costs $ 39,990. It would be more attractive than 49000$
Thanks
you must have a ton of space/power/cooling/etc if you think 384U is the same as 34U. the "attractive" part of this is the large hashing power in a compact space.
you know what would be more attractive than $49000? $4900. any number lower than 49000 is more attractive than 49000...
Your most powerful miner has 24576ghs and cost 538838$. But if I buy 96 base miner cost 383904$ with same hashrate. is completely illogical. in a market where the buyer does better price higher.
When you buy 96 base miners the space taken up is 384 U's, when you buy the 24.576 GH/s unit the space taken up is only 34 U's
Quote
Why I will buy 100 chips (ghs 1600) for $ 30,000 or 60000$? If 7 simple miners have hashrate of 1792ghs for less than 28000$
http://virtualminingcorp.com/shop1/index.php?id_product=14&controller=product 30000$
http://virtualminingcorp.com/shop1/index.php?id_product=18&controller=product 60000$
http://virtualminingcorp.com/shop1/index.php?id_product=14&controller=product 30000$
http://virtualminingcorp.com/shop1/index.php?id_product=18&controller=product 60000$
The base unit is a great buy now. You should buy all you can.
Thanks for fast answer, but you will lose 155000$ & 90 cases.
Would think would be good for both small and in the large buyers.
If a miner with 10 cards 256ghs [2.56 Ths] costs $ 39,990. It would be more attractive than 49000$
Thanks
Your most powerful miner has 24576ghs and cost 538838$. But if I buy 96 base miner cost 383904$ with same hashrate. is completely illogical. in a market where the buyer does better price higher.
When you buy 96 base miners the space taken up is 384 U's, when you buy the 24.576 GH/s unit the space taken up is only 34 U's
Quote
Why I will buy 100 chips (ghs 1600) for $ 30,000 or 60000$? If 7 simple miners have hashrate of 1792ghs for less than 28000$
http://virtualminingcorp.com/shop1/index.php?id_product=14&controller=product 30000$
http://virtualminingcorp.com/shop1/index.php?id_product=18&controller=product 60000$
http://virtualminingcorp.com/shop1/index.php?id_product=14&controller=product 30000$
http://virtualminingcorp.com/shop1/index.php?id_product=18&controller=product 60000$
The base unit is a great buy now. You should buy all you can.
Forgive my ignorance. But I'm interested in the product and do not understand something. If based mining costs $ 3,999 and has a hash 256ghs.
Why is the expansion of 256ghs costs $ 4,999?
Why is the expansion kit same pintura of Avalon module?
http://virtualminingcorp.com/shop1/index.php?id_product=12&controller=product
Thanks
Great price on the Base unit at this time. We are still in the process of engineering our board and our ASIC chip and do not have pictures yet. eASIC is doing the engineering of our chip using their Fast Turnaround Process.
Your most powerful miner has 24576ghs and cost 538838$. But if I buy 96 base miner cost 383904$ with same hashrate. is completely illogical. in a market where the buyer does better price higher.
Why I will buy 100 chips (ghs 1600) for $ 30,000 or 60000$? If 7 simple miners have hashrate of 1792ghs for less than 28000$
http://virtualminingcorp.com/shop1/index.php?id_product=14&controller=product 30000$
http://virtualminingcorp.com/shop1/index.php?id_product=18&controller=product 60000$
Thanks
Forgive my ignorance. But I'm interested in the product and do not understand something. If based mining costs $ 3,999 and has a hash 256ghs.
Why is the expansion of 256ghs costs $ 4,999?
Why is the expansion kit same pintura of Avalon module?
http://virtualminingcorp.com/shop1/index.php?id_product=12&controller=product
Thanks
Great price on the Base unit at this time. We are still in the process of engineering our board and our ASIC chip and do not have pictures yet. eASIC is doing the engineering of our chip using their Fast Turnaround Process.
Forgive my ignorance. But I'm interested in the product and do not understand something. If based mining costs $ 3,999 and has a hash 256ghs.
Why is the expansion of 256ghs costs $ 4,999?
Why is the expansion kit same pintura of Avalon module?
http://virtualminingcorp.com/shop1/index.php?id_product=12&controller=product
Your most powerful miner has 24576ghs and cost 538838$. But if I buy 96 base miner cost 383904$ with same hashrate. is completely illogical. in a market where the buyer does better price higher.
Why I will buy 100 chips (ghs 1600) for $ 30,000 or 60000$? If 7 simple miners have hashrate of 1792ghs for less than 28000$
http://virtualminingcorp.com/shop1/index.php?id_product=14&controller=product 30000$
http://virtualminingcorp.com/shop1/index.php?id_product=18&controller=product 60000$
Thanks
Why is the expansion of 256ghs costs $ 4,999?
Why is the expansion kit same pintura of Avalon module?
http://virtualminingcorp.com/shop1/index.php?id_product=12&controller=product
Your most powerful miner has 24576ghs and cost 538838$. But if I buy 96 base miner cost 383904$ with same hashrate. is completely illogical. in a market where the buyer does better price higher.
Why I will buy 100 chips (ghs 1600) for $ 30,000 or 60000$? If 7 simple miners have hashrate of 1792ghs for less than 28000$
http://virtualminingcorp.com/shop1/index.php?id_product=14&controller=product 30000$
http://virtualminingcorp.com/shop1/index.php?id_product=18&controller=product 60000$
Thanks
I just bought one. Had contact from their customer service dept within about 30 mins regarding a query I sent along with the order on the notes for delivery section.
I guess I will see how the timelines work out for them.
I guess I will see how the timelines work out for them.
I'm confused, why is AMC registered in London?! In what looks like a South Ken postcode, although prob a boiler room/virtual office addy. Even so, why London?
AMC is not registered in London, it is registered in Belize. It just has a London address for mail.
I'm confused, why is AMC registered in London?! In what looks like a South Ken postcode, although prob a boiler room/virtual office addy. Even so, why London?
There sure has been a lot of activity on btct in the last 12 hours, I made a few trades last night then figured it would drop by morning. Well it went up to .0047 
I was expecting it to bottom out around .002
Wonder why all the activity last night?
I was expecting it to bottom out around .002
Wonder why all the activity last night?
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