[VMC] Official Virtual Mining Corporation Discussion - page 31.

kslaughter

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Merit: 250

Quote from: RoadStress on July 09, 2013, 08:09:25 PM

Quote from: kslaughter on July 09, 2013, 08:07:42 PM

Quote from: RoadStress on July 09, 2013, 07:50:40 PM

Quote from: kslaughter on July 09, 2013, 07:34:28 PM

Quote from: kendog77 on May 18, 2013, 12:24:46 PM

Why do so many ASICs manufacturers take customer pre-order money before even demonstrating a working prototype?

I hope you're legit, but the fact that you're already accepting pre-order money with no existing track record doesn't look good...

This is what is required for start-up in the bitcoin business. To create a bitcoin mining chip and manufacturer bitcoin mining machines requires a lot of start up capital. We are not an Intel or Microsoft.

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

EMail from our engineers today:

Hi Gerald,

   We expect to have the prototype boards completed by July 23^rd . We would be
   ready for your visit / prototype verification, the week of the 29^th .
   Please let me know when you plan to be here. Will you send us cable sets,
   boxes, power supplies etc? We can verify there are no issues that will slow
   us down once you get here.

   Best regards,

So a thread was needed for this answer. I'm satisfied now. Looking forward for your prototype!

Good deal.

RoadStress

legendary

Activity: 1904

Merit: 1007

Quote from: kslaughter on July 09, 2013, 08:07:42 PM

Quote from: RoadStress on July 09, 2013, 07:50:40 PM

Quote from: kslaughter on July 09, 2013, 07:34:28 PM

Quote from: kendog77 on May 18, 2013, 12:24:46 PM

Why do so many ASICs manufacturers take customer pre-order money before even demonstrating a working prototype?

I hope you're legit, but the fact that you're already accepting pre-order money with no existing track record doesn't look good...

This is what is required for start-up in the bitcoin business. To create a bitcoin mining chip and manufacturer bitcoin mining machines requires a lot of start up capital. We are not an Intel or Microsoft.

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

EMail from our engineers today:

Hi Gerald,

   We expect to have the prototype boards completed by July 23^rd . We would be
   ready for your visit / prototype verification, the week of the 29^th .
   Please let me know when you plan to be here. Will you send us cable sets,
   boxes, power supplies etc? We can verify there are no issues that will slow
   us down once you get here.

   Best regards,

So a thread was needed for this answer. I'm satisfied now. Looking forward for your prototype!

kslaughter

sr. member

Activity: 476

Merit: 250

Quote from: RoadStress on July 09, 2013, 07:50:40 PM

Quote from: kslaughter on July 09, 2013, 07:34:28 PM

Quote from: kendog77 on May 18, 2013, 12:24:46 PM

Why do so many ASICs manufacturers take customer pre-order money before even demonstrating a working prototype?

I hope you're legit, but the fact that you're already accepting pre-order money with no existing track record doesn't look good...

This is what is required for start-up in the bitcoin business. To create a bitcoin mining chip and manufacturer bitcoin mining machines requires a lot of start up capital. We are not an Intel or Microsoft.

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

EMail from our engineers today:

Hi Gerald,

   We expect to have the prototype boards completed by July 23^rd . We would be
   ready for your visit / prototype verification, the week of the 29^th .
   Please let me know when you plan to be here. Will you send us cable sets,
   boxes, power supplies etc? We can verify there are no issues that will slow
   us down once you get here.

   Best regards,

RoadStress

legendary

Activity: 1904

Merit: 1007

Quote from: kslaughter on July 09, 2013, 07:34:28 PM

Quote from: kendog77 on May 18, 2013, 12:24:46 PM

Why do so many ASICs manufacturers take customer pre-order money before even demonstrating a working prototype?

I hope you're legit, but the fact that you're already accepting pre-order money with no existing track record doesn't look good...

This is what is required for start-up in the bitcoin business. To create a bitcoin mining chip and manufacturer bitcoin mining machines requires a lot of start up capital. We are not an Intel or Microsoft.

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

kslaughter

sr. member

Activity: 476

Merit: 250

Quote from: kendog77 on May 18, 2013, 12:24:46 PM

Why do so many ASICs manufacturers take customer pre-order money before even demonstrating a working prototype?

I hope you're legit, but the fact that you're already accepting pre-order money with no existing track record doesn't look good...

This is what is required for start-up in the bitcoin business. To create a bitcoin mining chip and manufacturer bitcoin mining machines requires a lot of start up capital. We are not an Intel or Microsoft.

kslaughter

sr. member

Activity: 476

Merit: 250

Quote from: dan99 on May 17, 2013, 09:44:31 PM

Quote from: kslaughter on May 17, 2013, 06:50:37 PM

VMC Signs NDA with Major Semiconductor Company

San Jose, Ca – May 17, 2013 – VMC has concluded a meeting with a Major Semiconductor Company. After signing a mutual NDA the semiconductor company agreed to perform a feasibility study after receiving AMC RTL code. VMC's will be producing 45nm and 28nm chips for its Fast-Hash series of Bitcoin Mining Machines. AMC is a hybrid mining and development cooperative and a business unit of VMC.

AMC is traded here: https://bitfunder.com/asset/AMC

When are you going to produce the 28 and 48nm Asic Chip.? What is your timeline, please let me know.

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.

kslaughter

sr. member

Activity: 476

Merit: 250

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/

ninjaboon

legendary

Activity: 2128

Merit: 1002

Quote from: ?? on ??

Followed the order process from start to finish. You offer gox or wire, no credit/debit or paypal.
Your terms and conditions are also blank: http://virtualminingcorp.com/shop1/index.php?id_cms=3&controller=cms&content_only=1

If you want the community to take you seriously then you need to earn trust. You can verify the hardware with an unbiased community member, like me (I mistrust everyone equally until proven otherwise). Send me a single case with a single 256GH unit, and you'll be trusted.

You can send one case to me for verification too.
I'm famous in Malaysia and I've been featured on Personal Money (a finance mag in Malaysia) and Singapore Business Times.

ninjaboon

legendary

Activity: 2128

Merit: 1002

Quote from: ?? on ??

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

total hashing rate of 24.576 TH/s?
holy hash rates.
checking out your site now.

Syke

legendary

Activity: 3878

Merit: 1193

Quote from: ?? on ??

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

That's a creative use of the term "now available".

johnyj

legendary

Activity: 1988

Merit: 1012

Beyond Imagination

At least this picture is interesting Roll Eyes

mokahless

sr. member

Activity: 471

Merit: 256

Quote from: ?? on ??

Just moving into our facility, PM me in a couple of weeks, everything should be set up by then.

Moved in yet? Did he ever PM you?

kslaughter

sr. member

Activity: 476

Merit: 250

Quote from: ?? on ??

Quote from: kslaughter on June 10, 2013, 04:44:47 PM

Quote from: ?? on ??

Trademark semantics aside, I am way more interested in your response as you why you hold so many domains (all registered with Can2It.com, LLC which is not an LLC as far as I can tell and never was as there would still be a record of its dissolution) and apparent ownership of several businesses. There is no consistency with anything you have under you. How do we know what you say is true at all with this track record?

Also, why can't they post a copy of the chip order?

You can find the chip order here: https://bitfunder.com/asset/AMC profile->images

Just going to avoid my questions about your other businesses then?

No, I am not trying to avoid any of you questions, At the moment I have a turn key web hosting business. Most of the domains, I have registered are not for businesses I have now. They are just digital real estate that I hold for future projects or products. Yes, can2it was the web hosting business project, that I tried. I didn't really find a good nitch for this business, so it really didn't take off as I had planned. I do have customers on the turn key web hosting business, if you would like to get started in the web hosting business and be another godaddy, I can get you going in about 5 minutes. In fact our site http://www.virtualminingcorp.com is running on top of the turn key web hosting business application.

kslaughter

sr. member

Activity: 476

Merit: 250

Quote from: ?? on ??

Trademark semantics aside, I am way more interested in your response as you why you hold so many domains (all registered with Can2It.com, LLC which is not an LLC as far as I can tell and never was as there would still be a record of its dissolution) and apparent ownership of several businesses. There is no consistency with anything you have under you. How do we know what you say is true at all with this track record?

Also, why can't they post a copy of the chip order?

You can find the chip order here: https://bitfunder.com/asset/AMC profile->images

KS

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Activity: 448

Merit: 250

+1

dan99

sr. member

Activity: 406

Merit: 250

Quote from: kslaughter on June 09, 2013, 09:58:45 PM

Quote from: ?? on ??

Quote from: kslaughter on May 24, 2013, 05:09:07 PM

Quote from: ?? on ??

The picture of your product at your website.... is just a desk computer..... explain me why mining rig need a harddisk and a DVD ROM? Huh

We are in the process of taking pictures of our prototypes.

Even though the year is 2013. taking pictures still requires weeks in some parts of the world, obviously.

We have order our prototype boards and are in the process of putting prototypes together.

did you received your avalon sample chip?

kslaughter

sr. member

Activity: 476

Merit: 250

Quote from: ?? on ??

Quote from: kslaughter on May 24, 2013, 05:09:07 PM

Quote from: ?? on ??

The picture of your product at your website.... is just a desk computer..... explain me why mining rig need a harddisk and a DVD ROM? Huh

We are in the process of taking pictures of our prototypes.

Even though the year is 2013. taking pictures still requires weeks in some parts of the world, obviously.

We have order our prototype boards and are in the process of putting prototypes together.

ninjaboon

legendary

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dan, yeah, me too ! Cool

dan99

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Interesting please keep me updated. thanks

kslaughter

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Activity: 476

Merit: 250

SPRINGFIELD, MO, – June 8, 2013 – VMC a manufacturer of the Fast-Hash Bitcoin Mining Machines has announced today that they have received word that AMC's technology which is undergoing a feasibility test with a Major Semiconductors Company using their tool for their 45nm and 28nm chips. The quote from the engineer on the 45nm chip "the preliminary result shows the sha256 can run at about 300Mhz" and "With the code, while running at 28nm, we are seeing performance in the range of 450MHz+". This code that is being tested is not AMC's highly optimized code due to a problem with the tools that that semiconductor company was using. Active Mining Corporation is a Vanuatu International Business Company DBA Active Mining Cooperative (AMC).

Topic: [VMC] Official Virtual Mining Corporation Discussion - page 31. (Read 85978 times)