Bitcoin Forum

Has anyone that has prepaid for a miner from VMC gotten the bitcoin miner yet?
If so can you post a picture of it working at your house THANK YOU???
We are not sure if anyone has gotten anything yet! ???

Assembly line:

https://bitcointalk.org/index.php?topic=297503.msg4144161#msg4144161

This guy has received his:

https://bitcointalk.org/index.php?action=profile;u=100713;sa=showPosts

Look at his post history for details.

Cheers.

That guy is lieing

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.

That's exactly what i was trying to say in their official hardware thread, except i didn't have my right words on me and investors (Bargraphics) came to tell me i am nuts to think such things.

Your efforts to belittle me are a pretty low form of debate(referring to me as having an amateur method of learning). I agree with you that I would think somebody would post something if there is any reward at stake. This being said you can't say no he hasn't shipped just as you can't say he has shipped because there is not enough evidence of either. My post was an effort to mitigate FUD.

Unfortunately this isn't what you said nor meant to say. You said what you said and I explained to you why you were incorrect. Then you proceeded to say you would wait until I came back from my trip yet here you are.

Seems you can't stop yourself from being a jackass. Noted.

It may be like you say, but i still support what Entropy-uc said no matter what i said or not.

Why are you getting so emotional? I only did what i always do here. Watch what happens and point things out. I did it with everyone. And the facts are speaking for themselves.

https://bitcointalk.org/index.php?topic=158806.msg2354594#msg2354594


Anyone that believe Enthropy-uc remotely knows what he is talking about regarding IC production is being misled.

You will see this person continue to post his "expert opinions".

You will continue to see RoadStress continue to try and derail facts by saying the word "emotional".

If you go back and read all of their past posts it's the same story, claim everything is a scam then never return to the threads once they are proven not to me or if they are a scam then cry as loud as you can about being right.

Keep throwing shit at the walls guys, something may stick.

It may not be a scam, but this is fishy as hell for me and i'm not the only one that worries and who asks questions. As i previously said i can't wait for your trip for more boxes of fans.

Get in touch with the user CanadianGuy. He says he has received his.

Nobody has received a damn thing. People here are just liars and thieves. I love the picture of the "assembly line" for the other "manufacturer". I've got more hardware and space than that in a tenth of my warehouse. You guys have to stop being suckers and throwing money at all these companies with nothing to prove they can do the job.

Thank you, finally someone with common decency to admit when they are just blabbering on about a subject they know nothing about or at the very best know very poorly as per many of their past posts.


Don't you find it strange that a "scam" company is giving refunds to anyone that asks?

Just found this little post in another thread from you


I'll personally give you $50,000 in pre-orders when you get eASIC to release a PR post on their website saying they are doing business with you. This offer is valid for the 4 months.

He never said "scam". Why are you bringing this up again? I said it's a "scam" because i didn't thought at the word "con" at that time. But i still don't understand why you get irritated so easily. As i said a PR release still doesn't mean they will be right on time and nail it good and that they will treat their customers right.

Please relax with the "irritated" and "emotional" theme you seem to have going on. I'm simply presenting actual facts that the individuals crying "scam", "con", whatever word you want to try and use that ultimately ends up meaning the same thing seem to overlook or completely not understand.

Again Roadstress, I'm going to ask you to please step away until the end of January as you implied you would.

I am stepping away if you are stepping away too. The "individual" aka RickJamesBTC didn't cry "scam". He only cried "lying". Presenting facts that don't exist seems strange to me and yes they make me thing you are very tense if you jump like this every time someone says something bad about this company. I was the only one crying "scam" and "con". RickJamesBTC and Entropy-uc didn't, but yet you are saying that "individuals crying scam and con". Please don't twist the facts and the facts are that there were no individuals crying scam. It was only one individual and that was me.

I don't give a flying fuck about easic posting a press release. All of these manufacturers are pulling the same shit. None of it is acceptable. Oh, we have your money and we are late shipping your product, however here is a shady picture of something not even close to proof that we can actually meet the demands of our customers who have millions of dollars on the line. It's all bullshit. None of these companies have good attitudes, look at the way bfl inaba talks to his customers. So when a company posts a bullshit picture of an assembly line, consisting of some shit low quality workbenches with none of the proper equipment for even building pcs, a poor angle of a small warehouse, and some boxes from a computer case manufacturer, ALL I SEE IS SCAM. you want me to say scam, there it is. No pictures of actual components, no pictures of people working on them. No tools..

Why would a single person look at those pictures and think 'gee, this company isn't ripping me off, look at all the ASIC miners that shit picture proves exists!'

I'd say that people are just morons, but really I think it's like some sort of victims denial, they have been given so little and ripped off so many times that any shred of hope is embraced and accepted. It's why people who are getting conned keep giving money to a scam, it's why gamblers keep borrowing more money, to just make that last bet to be sure.

Yet in all of this, instead of posting real proof, you lash out at my post. You are another scammer and liar, or you wouldn't be defensive and arrogant. If you had real product to ship, you would have proof of it. A real business would.

Welcome to Deadwood mate, hope you enjoy your stay...

Except knc, I should have mentioned that. They have successfully shipped, even with a few complaints about being a few weeks late. Bfl may even be shipping now, but their behavior in the past puts them into a no touch zone. There are still people out there dumb enough to buy from them, and that makes me sad.

If this is an open offer:
Change "pre-orders" to cash, and you're on.  Have we got a deal?

P.S.  Sorry.  I thought you were offering your pre-orders in Virtual Mining gear, which, as I understand it, is worth approximately nothing.

P.P.S.  Aren't you the guy who shilled for TerraHash?  How are your pre-orders with those guys coming along? 

Now look what you started Bargraphics...

Again you are incorrect RoadStress.





Yes, it will be cash or BTC your choice. If you fail to deliver in four months you would then owe me the equivalent.

I do not have any pre-orders of Active Mining and could care less if anyone buys from them or not. I'm simply stating facts that they are a legitimate company trying to make a real product and are not some fly by night website in lebanon or china.

Even though I shouldn't even reply to your troll post, I did not Shill for Terrahash as I was never paid and only based my opinions on evidence at the time. I visited them in person and they had the product to physically show me that was working when I went. Unfortunately Yifu screwed everyone that purchased Avalon chips and then Terrahash decided it would be easier to commit fraud instead of dealing with their companies issues. Also they are being sued by many people currently.

I said it because you said it, liar.

So I assumed that is what you meant and then you clarified in your following post making my assumption correct.

Now you are saying somehow I made you call it a scam.

The amount of crazy on this board still astonishes me.

Yes, you are a psychic and knew what I was thinking, then I was responding to your further attempts to lie to people, so you call me crazy. Makes sense!

Go away scammer. Show proof that products are real and being shipped and I won't be able to call you a scammer. Until then, it is my opinion that VMC is just another thief.

You are just cluttering this thread now,

If you took to time to read my posts like an adult instead of simply screaming out "scammer" like a child you would know that I do plan on visiting VMC mid January and will try to provide proof. If there is no proof then I will report back as such. Unlike you and most of the people on this board I actually put my money where my mouth is by getting off my ass and doing actual due diligence instead of internet sleuth work.

Oh and to throw some more logic at you,


How is this possible if they are offering refunds to anyone that asks?

If you try to wiggle out of that by saying something regarding "shareholders" then you are off topic and your post belongs in the shareholders thread.

I don't even know what you are talking about with shareholders. How are you defending a company without seeing proof of products? Are you stupid? Do you know what a ponzi scheme is? Of course they give refunds to a few very loud complainers, those people show up and say, well it isn't a scam since they sent me a refund, and ten more people sign up and pay for a preorder.

I'll repeat myself again, they give refunds to ANYONE that asks for them.

You ordered from KnC yet they had no proof of a product. Anyone can make an FPGA miner. Guess you must have been stupid......

Arguing with you is pointless. You are not logical, you have your mind set on disregarding legitimate facts about this company and are kicking and screaming about wanting to see a product that is still in development supposedly.

Nowhere in your offer have you mentioned my paying you in the event I do not deliver.  I will need to invest both time and money to provide you this PR blurb.  If you are as certain as you claim to be, why change the terms?   How should we handle escrow?

Regarding your shilling for TerraHash:  You certainly did.  If you did not get paid, that only makes you a failure as a shill on top of your other failures.

The fact that you have visited TerraHash and continued your shilling proves you to be either mind-numbingly incompetent or complicit in the swindle - either or both putting you beneath contempt.

And after shilling for that fiasco and then deleting hundreds of your own posts in the aftermath, you have the gall to pass yourself off as someone whose opinion should matter?

I ordered from KNC after the first october orders had shown up and been working great for customers idiot. Keep trying to insult me, act like a scamming piece of shit, prove my point.

You are on ignore on this account now crumbs, you had two accounts already banned from this forum. Your opinion and misrepresentation of an off topic situation only matters to those that cannot come up with a valid argument for their claims.

That bet is still valid for anyone that is actually interested and not just interested in tying up my money for 4 months without any benefit to me.


See this is where RoadStress needs to come in here and lay down his "Irritated" and "Emotional" speech.

I'm happy that you were a proud November batch for KnC, it seems you are trying to push your intolerance for risk on others. Continue the great work.

The only legitimate fact about this company is that they haven't shipped as promised.

and are offering refunds if those people are not willing to wait.

Until enough people stop believing in a scam company and ask for the refunds, at which point they will cut and run.

As does every decent scam.  Offering refunds allows the scam to continue fleecing the suckers.  If Ken sells $2 worth of vaporware for every $1 refunded, that's a win.

Only in the endgame do the refunds stop.  Scam 101 lesson, free of charge.
Every n00b gets one.

P.S.  You burnt plenty of people with your sound advice in the TerraHash thread, this is not going to be a rinse and repeat for you.
Enough.
Eat your losses and leave.

Who is backed by eASIC (Which you have made abundantly clear you don't care about but it is still worth mentioning to the people who use their brain) as a customer.

Would be a shame for a multi-million dollar company to back a scam as a customer. Could you imagine the backlash on them

http://www.easic.com/vmc-uses-easic-to-achieve-24-756-ths-bitcoin-miner/

Not every customer of eASIC gets their own "PR" release.

http://www.easic.com/easic-company/press-releases/

I guess eASIC thought that VMC was as newsworthy as the following:
eASIC Raises $23.5M of Growth Capital (http://www.easic.com/easic-raises-23-5m-of-growth-capital/)

Yes it would.  That's why eAsic is not backing Ken.  Simply selling him a service, which is the nature of their business.  This is no more unusual than Dell selling me a computer, or a machine sop boring my block .030 over.  The shop is neither backing my build nor does it care what I do with the block after I pay for the work.  Their reputation is only trashed if the bores are botched.
Stop reciting gibberish.

Who cares that they are in business with eAsic. That doesn't mean they are "Backed" by anyone! They could walk out on contracts with that company just as easily. Everything you say comes off as bullshit, because it is all hopes and wishes. If there was any proof of work, completed miners, shipped product, I'm sure you would be happy to show it. With all the scams happening in this community right now, a company has to do a lot more than pay shill posters like you to try and keep the ponzi dollars flowing in.

Someone who has money on the line please call the eAsic rep listed in that press release monday.
eASIC Corporation
Niall Battson
(408) 855-9200
nbattson@easic.com

Let them know that you have spent money with VMC and have not received a product yet, and you wanted to know if eAsic has any statement to confirm that orders have been shipped or placed, or if they want to go down with the ship when the CA Attorney Generals office gets involved.

1.) You pay upfront, ~1M in NRE

2.) I'm not being paid, but you will keep attacking me and not providing valid points for your argument.

I'm fine with you attacking me as it shows how weak your argument really is. I'm simply presenting facts that you again ignore because of your ignorance.
If they had a product they would post it and show it, unfortunately there were delays and those have been publicly posted and anyone that wants a refund can get one. Once they have something they will show "proof". I do hate repeating myself so here is a past post.



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

Good luck getting them to break their NDA. Obviously they have orders placed if there was a PR release on their website stating so and eASIC will likely tell you that they are working with them but nothing else. Good luck on your adventure. I'm extremely sorry that I had to prove you wrong left and right through this whole mess. I know how badly you want to be right and you've shown you do not care if what you write is completely ignorant of the facts.

I don't care if this company is a "scam" in any sense of the word you guys want to make use of. What matters is everyone that finds this company has access to all of the facts and not just a couple blubbering idiots crying wolf on every ASIC Manufacturing Thread.

^^Bargraphics humbly quotes himself & pads out the thread with a wall of text.

Just another scammer coming up with bs arguments. You're the one defending the company, I have every right to assert my doubts.

It still says on their website
Limited Availability on these units (Shipping Starts November 2013)

Where the hell is the proof of that shipping?

More crying without logic. All of this was already answered in the other VMC threads (Wish Mods would combine them all)



Your argument about them posting the wrong delivery is countered by them telling you the correct delivery when you email them, call them, live chat them, prior to placing your order (Paying). If that shipping statement is really getting under your skin as it seems to be then just be an adult about it and send them an email.

What is your next bullshit issue.

Because Virtual Mining Corp has not been telling me anything about shipping dates that have now been pasted
I called Easic.com and talked to a man named nbattson, he said he could not discuss anything in regard to Kenneth Slaughter and whether they had shipped chips / boards or anything else!
The man name is Mr. Battson, and his email is nbattson@easic.com .
There has not been any proof of VMC having anything to show us the customers yet?
Honesty is the best policy, it stops people from thinking the worst and then taking action.
I read on bitcointalk that maybe Ken will offer refunds? I haven't heard if that is true!!!

Has anyone asked for a refund and got it? 

Hey Bargraphics? I thought eAsic was backing VMC?? I'm sure you have an answer for this as well. The question would be why are you defending them so strongly.

Hey Illiterate RickJamesBTC I've already explained this here:


That's how NDAs work unfortunately.



As for

This is the closest I could find to what you are looking for. My advice is to just contact them!



I've already answered this as well. I'm not really defending them, I'm simply refuting your poorly researched and vindictive posts with facts and logic. I guess the same case could be made for why you are trying to attack VMC so strongly? (I've already answered this one as well as you are attacking them because I've been destroying each and every one of your points you have made)

Yes I'm obviously illiterate. Good job sticking with the insults. Take your facts and logic and stick them up your ass with the rest of the bullshit. Why would anyone believe you? I'm just asking questions. Instead of answering questions, I'm being attacked for asking them. This is the behavior of a scammer, not an honest business.


How could you possibly have a copy of the NDA they signed if you don't work for that company? Are you fucking kidding me?

Again I have to assume you are because everything you ask has already been answered if you just took the time to read. So you obviously have a hard time reading, are extremely lazy, or are trolling. I gave you the benefit of the doubt.


https://bitcointalk.org/index.php?topic=297503.msg3192907#msg3192907

You really did make me laugh with this one.


You proceed to call me a scammer and badger me while I answer all of your questions and then you have the audacity to type the above... You are crazy.


What does this even mean? I'm not part of VMC. I already told you I could care less if they end up being a "scam". By all means they could end up defrauding their customers like HashFast and BFL or simply running away like Terrahash. Doesn't change the fact I'm still going to answer all of your questions (Even though you are a complete asshole) on here with current facts, documents, and reasoning.

Yes, yes you should because that is called due diligence.


Enjoy the rest of your night, if you have any other questions you'd like answered please don't hesitate to ask. I understand you have some sort of typing related coprolalia but I won't let that stop me from trying to help you with your ignorance.

I don't need to perform due diligence, moron. I have no financial investment in this company. Just trying to make sure that nobody else gives them money in the future.

you don't sound smart when you try to insult people, you sound like a scammer, a shill for this company. You already have a bad reputation on this board, I'm sure you will do anything to keep getting paid by vmc. Inaba 2.0?

Based on your humble opinion I presume


Actually dividends haven't been given out in some time, hopefully soon dust dividends will start rolling in again.


You do know that Inaba (Josh) works for Butterfly Labs. Since I do not work for VMC, I cannot be "Inaba 2.0". Your logic again is flawed.

I thought you were going away, back to your VMC sponsored apartment.

Everyone but you must know what inaba 2.0 means. My opinion is anything but humble, I respond loud and forceful to lying shits like you out to serve their own interests and help other people get ripped off. There are enough victims here.

Do you ever go to any of the Bitcoin Conferences? I'll be at the Miami one January 25th. I'd honestly love to meet you.

Will you be wearing your VMC shirt?

I got moderated for calling this guy a shill? Someone want to discuss that with me? Or was it for calling him an idiot. I'd really like to know why this board would defend someone who wants to rip members off.

You need to get your facts straight before posting here. Bargraphics is no way a employee or a representative of VMC. He is not scamming or trying to rip any members off. Just wanted to make that clear so you understand this and you are no longer confused. All he is doing is presenting facts to you from what i can see.

When someone vouches for a company and defends them as much as he has, there is a reason for it. It also creates a situation where people investigating a company they might purchase from only sees all his positive posts and thinks, gee this might be real. Fact is he invested in some nonsense shares of this scam, so he is tied into it and trying to protect that investment. The company still hasn't produced any proof of work that we can see, and until they do, they can sit over on the scam chair in the corner.

He has summoned facts into your mostly mindless ranting. That is a far cry from being a shill. Your post was removed because the mods know that Bargraphics is not a shill nor even a cheerleader for ActM/VMC. You have been presented with data that you choose to ignore, and you've been informed on how to learn more before you continue with your uneducated criticisms - to which you said that you will not.

You are walking towards the troll camp very quickly, think of this post removal as a warning shot. When you start putting your fingers in your ears, screaming, "La la la!" that's when you know you've arrived. Engage the facts, and you can detour around said troll label. I've seen it done. I believe in you!

Cheers!

Show me facts. Everyone is gonna call me a troll for not believing that a picture of some cheap workbenches and some boxes for computer cases equals shipping miners? That's a riot. A press release from a small ASIC manufacturing company, a few bad pictures, lots of broken promises. Why should anyone believe in this company?

Instead of answering that, I expect more personal attacks. Those don't bother me at all, so go ahead. It will just prove that there is no real information about this company producing miners.

Oh, I see you're just another "investor" in the scam. That adds a lot to your credibility.

I'm not vouching for the company as I've stated multiple times but somehow you missed....

I'm not defending the company, I'm answering the questions/false statements you have about the company with information directly from the company that anyone can find. I'm simply making it easier for them as it is spread out over the board.

That is up to them to decide after being give all the facts, they will also read your inciteful "This is a scam, you are a shill, the world is against me" posts without any proof other than "Show me the hardware" which is a valid claim but if it is still in development than there is nothing to see which is why it is a "pre-order" right now. There are always risks with Pre-Orders so getting all of the information you can on a company should help make a decision.


I'd wear a KnC shirt if Bitcoinorama ever sent me one like he was supposed to. If I make up a VMC shirt will you go to the convention? I also ordered from KnC, you can check out my progress here.
http://eligius.st/~wizkid057/newstats/userstats.php/1FscNBYzd5CqDzUVQ9YapLQNtLbswkM4NL


You are called a troll because no where do they state they are selling in-hand gear. The gear does NOT exist yet so how could they show you a picture of it. No one here is saying they have a working unit. They do not as far as anyone knows. That is why it is called a "Pre-Order".

You should really have a friend go over your posts, it might save you from looking like a hypocrite.

Sorry, I never said the world is against me. It doesn't bother me at all when you get all pissy at what I say. You can say you aren't vouching for the company, yet you clearly are. For some reason, you believe that they are honest manufacturers, instead of the latest group of liars. They took in money claiming a November ship date, it will be January very soon. They are still taking in money with ship dates in February, March, etc, but have no proof that they have made a single product. The thing that pissed me off and got me posting in this ridiculous thread was the positive reaction to a photo of the "assembly line" which consisted of some crap workbenches in a garage. If all it takes to perpetuate a fraud is a few hundred bucks at harbor freight and one pc case, someone should at least call them out on it. Even hashfast shares more than that. Instead of worrying about what I write, why don't you ask your buddy at vmc to come up with some proof of development.

At least you have a solid idea what I think of you and vmc.

But you did vouch for TerraHash, visited them & insisted that they were 100% legit.
You mocked the detractors, calling them "trolls," just as you do here.
Those who laughed at you got to keep their money.
Those who listened to you lost it.  All of it.

For those who have been a part of the TerraHash trainwreck, where Bar pulled the *exact same shit* -- roped in the suckers while insulting the detractors & trotting around his "expert" opinion, this thread is deja vu all over again.

Ok this has gone to the next level. I admit that i missed Entropy-uc quote, but now you just quoted RickJamesBTC who said "scam" AFTER your post where you say that individuals are crying "scam" so i don't see how can i be wrong if you present me a proof that has happened after your statement. So grats to yourself for proving that you are really desperate regarding the issues here and that could only be because you are a shareholder of a sinking ship.

And again except from a signed NDA there is no other proof (ok maybe except the benches posted in the photos). Is there a deadline in the NDA? They could have chips ready in 1 year for example or 2 or 10. What guarantees you that they are working to get the chips as fast as possible? I'm not saying that they won't have chips soon, i'm just asking for some reasons for their success except NDA and naked assembly benches.

I try to cut the garbage out of your posts so I apologize for not quoting you fully.

I think we are in agreement here. I'm not saying they will have chips soon or at all. I'm simply stating that with the knowledge presented it is likely that they will. You and RickJamesBTC seems to like to see me repeat myself. We already had this conversation in the other thread which I already quoted on this one. There's certain timelines in the IC world that are "usual".  There are certain delays that are "usual". If you take both of them and also take the timeline that was given by the owner of the company then you would come to the same conclusion. If this company isn't a total scam then they should have chips relatively soon (Read: within a month to two months) because of their admitted delays.

It's up to you and anyone else that is interested in this company (if you are not interested in the company then why even ask these questions..) to decide if the information given is enough to trust the company. Obviously for you personally it is not and I can respect that. Just like RickJamesBTC you want to see an actual chip unfortunately that cannot happen until it is manufactured (Another point I already quoted in this thread from the other thread).

So now here we are guys.

You have all the facts presented to you regardless if you want to read them or not.
You still choose to want to see a working product which means you have to wait until end of January/February.
If you choose not to wait then there's nothing left to say here, you guys will keep screaming scam until then and there's nothing I can do because that is your opinion and for all I know might be correct.

Well i thought that the "usual" delays have already been passed, but it's up to yourself to admit that or not.

And i will say this again. Posting as proof a fact that happened after your statement seems just wicked. You can't present 3 proofs of people that said "scam" when at the time of your statement there were only 2 people. Stop misleading readers.

I placed 2 orders on 22th of November with shipping date 31th of December 2014. My shipping dates are moved to atleast February 22th.

Last e-mail from VMC customer service
--
Dear Customer,
Pre-Order Terms: This is a pre-order. 28nm ASIC products are shipped according to placement in the order queue, and delivery may take 3 months or more after order.Your items wont be shipping til between February 22th-March 20th.

Regards,
Customer service
--

Are you going to wait or get a refund? If you choose to get a refund please report back here how the process went.

Sadly there are a lot of alt accounts of crumbs being made (dolor, doloreshaze, doloresmaze, nickdanger, cropcircle) because he was banned so if you could provide some definitive proof of your order/payment that would be great. If not I understand.

crumbs was banned? link? so tard Inaba and other scammers don't get banned or scammer tag and he gets banned? what for?

Nice min 2 months delay. Are those kind of delays "usual" in the IC world? I thought you said 1-4 weeks.

Well look at HashFast, they did take over $14M from the community and are two months late and they bragged about paying all of their contractors (Design house, Fab, Assembly, Shipping Companies, etc..) extra to speed things along.

Maybe my estimation is wrong but I'll stick to it and just say that there were probably some bigger issues that caused a larger delay then normal.

By the looks, HashFast wasn't late at all. They just lied to their customers about a Oct/Nov delivery. The same thing COULD apply to VMC too since there was no specific dates in their published agreement with eASIC.

Maybe, guess you should take that up in a HashFast thread. I imagine many people would disagree that they were not late.

Refund date is not the same as not being late in my opinion. Thankfully ActM has open refunds and does not have a "refund date".

The main difference between HashFast and Virtual Mining is HashFast has shown evidence of working miners, and VM has shown... zip.

Give Virtual Mining two more months like you did HashFast and then we'll see :). Let's be fair here!

Why? In May VMC said they would be shipping by tomorrow. Hashfast started what, three months after that?

"We are estimating on shipping our 45nm series of machine by 12/31/2013 and our 28nm by 6/30/2014"

Where is ANY PROOF that machines are being developed? You are such a sucker, sitting here waiting for them to disappear with all the preorder money. Put up or shut up.

Please do actual quotes with links to where that is said so people can see how long ago that was.
Then since you are trying to do due diligence as you said you didn't need to, please quote each one of his estimated timelines as well as when he started asking for payment.

Just make sure you give people a clear picture of what's going on, "only scammers and liars would hide this".

 

Here is the boss in October saying that orders that day would be shipped by now. You want to tell those people where the orders are?


All you do is lie Bargraphics. You have money on the line with this in some way, and you are causing more people to be defrauded with your statements.

Keep accusing me of lying, loser. Instead of having a real answer, blame me for something else. Not quoting with enough detail? Seriously? GTFO. That was on the first page of the VMC thread.

While you are at it, what was your involvement in defrauding people with Terrahash? Don't seem to be answering those accusations either.

Please let me know where I lied,

Here, I'll help you out a little :)

https://bitcointalk.org/index.php?topic=297543.msg3782916#msg3782916

November 30th -




You post 3 month old quotes and I post the most recent and relevant quotes. I wonder which one of us is actually "lying".

Guess we'll see soon enough how late they will be as I told you they said they would be and even quoted them saying it.

Keep chugging along RickJames!


More illiteracy from you, let me quote myself from this same thread (again)

I guess I should mentioned that I also "Cheered" for KnC and they came through.

I also should mention that I visited HashFast personally as well and told everyone that I believed they would be late but would have a working product and I guess I was correct on that one too.

I've been to many conferences already and met some of the people that frequent this board.

I guess I'm +1 all things considered!

Now please stop trying to bring this thread off topic and do try and be civil.

ken found out right on 30 November (right on the shipping deadline) that chips are going to be late? I find that hard to believe+ fact that there were no reasons supplied. BFL had the mighty "clock buffers", HashFast had "lack of substrate", but VMC has nothing. Yes i should trust this company.

Wow, you really know how to obfuscate the truth with your layers of bullshit. You just said people should give VMC two extra months, just like they did for hashfast. In October your mighty boss ken slaughter is telling people that the shopping cart has accurate shipping dates. Some weeks later, he says it has accurate shipping quotes again, still two months out. Nowhere are people told that they won't be getting their shipments. In fact, the post you quoted says that shipments have already started. Where is the proof of that? Where are all those customers?  

"Shipping:

We have this last week shipped our first products to customers.
"

What the hell are you trying to hide?  I can't be lying because I never promised anything or intentionally misled people about the situation. You have.  

Since you said it again, do you even understand what illiteracy is?

By the way, this is the original post of this thread, so any questions about the validity of VMC and the scam they are working is quite on topic.

Maybe it slipped by me but I believe November/December is the shipping deadline you are trying to quote right? That would mean december 31st would be "Right on the shipping deadline". Please try to be accurate with your posts.



Since you are looking for their excuse here it is.

https://bitcointalk.org/index.php?topic=297543.msg3782916#msg3782916

Don't ask me what Intellihash is, what "modify the software in our chips" means, I don't know nor do I care. I'm simply correcting you like usual.



Please calm down and try to write correctly, it is hard enough to try and follow what you are saying.
If I can try to understand what you wrote you are saying that Ken gave estimated shipping dates, then as new information came up he updated those shipping dates (While offering refunds to anyone that wanted them) and then I'm lost with your "Nowhere are people told that they won't be getting their shipments."



We have been asking him to post proof of this, maybe you should ask as well. It looks like you finally are starting to read a little bit. Congratulations as it is a big step in the right direction for you.
Although every time you post with statements that I have to correct you are in fact intentionally misleading people with false information. Please keep this to a minimum, thank you!



I do, I assumed you could not read due to me having to quote myself multiple times to answer questions/statements you made after they were already answered in this very same thread.
Maybe I was wrong and you can read so I guess we'll move on to the next two options.


Now we're left with Extremely Lazy or are trolling. Due to the amount of effort you are putting into this thread I have a hard time seeing you as lazy but that could still be the case.

I'm going to assume trolling now.

You're useless. I hope anyone considering this purchase comes across your posts and sees what kind of punk represents VMC.

I know this now. I didn't know anything about the massive scam of shares that these guys invested in. Of course they need to defend the company, victims of a scam are often delusional, and its possible that these guys will profit if more people buy from vmc.

Dude, how is your ass not sore from this non-stop spanking?

Me? If you think this gets to me at all you must be part of this scumbags crew. Listening to scammers and thieves try to talk their way out of bad deals is hilarious.

Is VMC not listed as a scam yet??

I remember a couple months ago there was a surge of "shareholders" pumping this massive douche canoe of an operation up..  is it that time yet again?

Two things going on here.

One is the dumb animal fear of people just realizing the shit they got themselves into.  There's a guy here who "invested" his retirement fund, i shit you not, into this bag of festering fail.  Can you frikin' imagine?  And, just like with a Ponzi scheme, admitting the truth means you'll be the one left holding the bag.  

The other sort-a stems from the first.  Most here are too stupid to scam, so don't attribute to malice that which is adequately explained by stupidity.

If you need any more education please let me know. The BTC world is a tough one out there so I can understand why you are always so upset after my posts provide you with more information to sift through.

Just please try to be civil and not so hypocritical with your posts.



Also I recommend not appearing so desperate for others to agree with you. You are quoting a known troll who has a bone to pick with ActM since Day 1.
https://bitcointalk.org/index.php?topic=240677.msg2550420#msg2550420

The other person "Nick Danger" is also crumbs (Another troll that was already banned) and will hopefully be banned once I mod realises this



The point of this all is that while I made every effort to answer and fulfill all of the questions/concerns RickJamesBTC made he continued to badger and harass me through the thread. This is a person who does not care about information
All he wants to do is scream scam and feel good about himself at the end of the day if this does end up being a scam. He doesn't care about the community else he would be flying up there or doing his due diligence to find definitive proof that this is a scam other than passing around accusations of "Ponzi" and "Proof".


To anyone thinking about purchasing from VMC, read this entire thread and try to excuse the way RickJamesBTC presented himself on here. He does bring up good points occasionally if you can sift through the anger and badgering. Take all of the evidence posts on either side and come up with your own risk assessment. If it's too risky for you then DO NOT PURCHASE.

I don't want to get a refund. I will be waiting till the 22th of February.

My order proof:
http://i39.tinypic.com/67r24x.jpg

I am not this 'crumbs' person. I am simple and fair. If I make a mistake, then I admit my mistake. If VMC turns to be scam, then so it be. We can't help it anyway, can we?

I don't know if you are aware of the Danone practices on the market. They have patented a very popular bacterium found in large intestines of most mammals and they named it "Bifidus Actiregularis". It seems that you (an investor) and nobody else is aware what "Intellihash" is or what it represents. I don't see why it can't be something like in Danone's case. From what i read on the forum making a SHA-256 ASIC chip is really really easy, doable by someone in college. Also considering that they are the only company with the trademark for...actually i don't even know what is it for. Mining software in the chips???(wtf is that. i thought chips are only hardware) or simple bitcoin mining software? If is it for the software then why delay the chips? If it's for the chips then what can you trademark there?

My personal opinion of "Intellihash" is that it is a marketing gimmick. I told you that no one has any idea what it could mean and Ken did not give any insight really to draw conclusions on. We are most likely in agreeance that this particular part of that November update is bullshit.

Anyone in college that is taking a related course can write the verilog code for a SHA-256 ASIC. It's not very hard. However the backend design of an ASIC has to go to an appropriate company or someone very talented and familiar with that process. You have to use certain PLLs and Libraries specific to the Fab that you are going to be using (Hence you have to get Fab acceptance prior to starting the ASIC process which is actually very difficult to do)

Ken is an old school businessman, a lot of the way he does business I disagree with. Trademarks are nice and all but useless really in this industry. Product speaks for itself and the IP (Verilog, backend files, and mask set are all allocated to the company that purchased them only anyways).

You can trademark most anything, doesn't mean it will stick. It seems he is just trademarking the names so no one else can use them (not sure why anyone else want to)

Thank you for this, it really is appreciated.

I didn't think you were the "crumbs" person but you can't be too careful. He is not very clever with his alts.

Once I visit Ken in mid January I will report back here so you can make a more informed decision. If there's nothing to show then I will report as such.

You are welcome. Why wouldn't someone post their order detail in the first place? I will be waiting for your report, whether good or bad.

Finally! I'm glad that in the light of the New Year's Eve and after many name calling we got to a common ground. This is one of the reasons this company seems strange to me even if i'm not so familiar with public companies and also comparing the transparency from the bitcoin hardware companies. Now considering that we got to some sort of agreement i am waiting for your January report.

Thank you for posting this up. Is there another customer that ordered before November that has a different shipping ETA? Please post.

Yes, I should have to fly to where this bs company is to try and get some proof that they exist. Every time you write a new post, you just show everyone reading that you are involved more than you claim. You can ridicule me for making my accusations, I don't give a shit what you say. You believe that it is ok for the ceo of the company to post here in october that orders would ship in november - december, and you don't care what happens to the people who then sent more money in. Tell you what, you can ignore my posts, or I can ignore yours. I won't be responding to you anymore because I don't believe a word you say. I'll keep asking for someone else who works VMC to come forward with some evidence that they shipped product as they said, or have actually developed anything at all. No matter what you say about the IC business, there are plenty of other parts involved. All we saw was an off the shelf computer case.

You are bat shit crazy.

Please respect what you write so I don't have to keep proving your wrong over and over.

Seriously. Look at the progress reports from cointerra and hashfast. Anyone buying from VMC or investing in their crazy share scheme must just like to get ripped off.

Wow.   Isn't this the company that sold stock to people who thought it was a good investment to value a company at $12MM that had ORDERS (not machines) for 500 GH/s of avalons????
Who would have thought economics like that would would not have worked out?
I am really surprised the projections of the stock being worth 100X the IPO price did not occur.  What happened to all the 'bigger fools' that are supposed to bail out pumpers?

Are you related to RickJamesBTC because your assessment is almost as crazy as he is.

Please keep this thread on-topic and post in the securities forum about securities. Making up numbers such as you have does not make you look very good but I'm sure you don't care very much about that, you are just happy to pass your ignorance off as fact.

Did he mention off topic again? Because the thread topic was
"Has anyone that has prepaid for a miner from VMC gotten the bitcoin miner yet?
If so can you post a picture of it working at your house THANK YOU???
We are not sure if anyone has gotten anything yet! Huh"

So I'd say that anything related to the lack of shipping, communication, information, etc from that company would be on topic.

It was obvious from day 1 it was a scam tbh

http://bitcoinscammers.com/virtualminingcorp-com/

Awww   what a cute site you have...   From facts on that site I see what you mean they are a scam. How did you ever get the words and pictures on the page like that.  Its pretty impressive.
BWT go get a bigger screen,, you made that peice of crap site on a 480p screen or something... Use dynamic width dumb ass.

It's not his site, I already set this guy straight in another thread.





He hasn't found anymore evidence since Dec 17th but decided to come to this thread and post a website that has no credentials in anything other than listing every single site as a scam until the ship a product.

Come on, if you are going to post on this thread at least come up with something substantial that hasn't already been debunked or proven FUD by the claimants incompetence

I see this leech has moved on to another scam.  Just a note for anyone who is not aware about Bargraphics, this a**clown single handily cheerleadered terrahash scam all the way to the end, made many people lose their money, and attacked anyone who expressed doubt or asked about a refund.

After terrahash ran with the money, he went back and deleted/edited out all his old cheerleading posts in the thread, then pretended to lead a group lawsuit against terrahash sucker in the legit people who lost their money. Of course nothing ever happened. (some of the victims started filing their own small claim suit in court later on, but lost a lot of valuable time & money due to this guy)

I dont know what the deal with VMC is, but just becareful, i would not trust anything coming out of this con artist's mouth.

The worst kind of scum.

AHahahahaha. Yeah, they are fucked.

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.

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!!!

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?

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..

Figured you guys might want this from the main ActM thread:

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 :(

get a refund!

There are no units!!

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.

So, between your opinions and my facts, who turned out to be correct?

https://bitcointalk.org/index.php?topic=297503.msg4629819#msg4629819

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.

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.

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.


That is exactly what you report is saying.

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.

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: Lesha.bommel@ago.mo.gov
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 just email Lesha, shes not answering her phone now. Been trying to talk to her in person for a week.

 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

...