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1281  Bitcoin / Hardware / Re: [VMC] The Official Virtual Mining Corporation Hardware Discussion on: May 21, 2013, 08:56:33 PM
will be great if we could see a working prototype or real asic model with videos and photos... of your asic miner

Our Fast-Hash-XX are Avalon clones.
1282  Other / CPU/GPU Bitcoin mining hardware / Re: Where can I buy mining equipment for BTC? on: May 20, 2013, 05:01:54 PM
www.virtualminingcorp.com
1283  Bitcoin / Hardware / Re: [VMC] The Official Virtual Mining Corporation Hardware Discussion on: May 20, 2013, 05:01:08 PM
Vaperware?

No, I don't think so.
1284  Bitcoin / Hardware / Re: [VMC] The Official Virtual Mining Corporation Discussion on: May 20, 2013, 10:55:10 AM
Our Fast-Hash-80 are on sale at 20% Off thru May 21, 2013

www.virtualminingcorp.com
1285  Bitcoin / Hardware / Re: [VMC] Virtual Mining Corporation Discussion on: May 20, 2013, 10:52:00 AM
Web pages filled with pictures of RM42300-F server from Chenbro Micom Co., Ltd.
It's possible to put two graphics cards into this, that's all.

Really virtual miners.

Yes, that is the supplier of our case, as we have said before we are using a lot of off-the-shelf parts in our product.  This helps cut the cost and insures that we have a good supply.

You are right, you can only put two double slot GPUs in this case.  However, we are not selling our product with GPUs we are selling our product with ASICs.
1286  Bitcoin / Hardware / Re: [VMC] Virtual Mining Corporation Discussion on: May 20, 2013, 10:39:27 AM
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...

It is very simple, it takes a lot of time and cash to produce an asic device.
1287  Bitcoin / Hardware / Re: [VMC] Virtual Mining Corporation Discussion on: May 20, 2013, 10:33:28 AM
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 are estimating on shipping our 45nm series of machine by 12/31/2013 and our 28nm by 6/30/2014
1288  Bitcoin / Hardware / Re: [ANN] Virtual Mining Corp Pre-Orders on: May 20, 2013, 04:24:49 AM

Yes, I will make you a good deal for your help.  Of course, they are 20% off thru the 21st.

1289  Bitcoin / Hardware / Re: [ANN] Virtual Mining Corp Pre-Orders on: May 20, 2013, 02:50:30 AM
Looking forward to meeting you.
1290  Bitcoin / Hardware / Re: [ANN] Virtual Mining Corp Pre-Orders on: May 19, 2013, 11:47:35 PM
Virtual Mining Corporation is now taking pre-orders for its
Fast-Hash-80 80 GH/s Bitcoin Mining Machine.

www.virtualminingcorp.com

Hey, Ken, How's it going?

Will give you a buzz sometime this week between Dr's appointments.  I'd lke to come down in the next few weeks if I can line up a driver as health issues currently prevent me from driving long distances but there is a vintage car in your area  a buddy wanst to look at also, so I could kill two birds with one stone, as it were.

When I know what my schedule will be I'll call you and we can maybe set up a time for a cuppa and discussion!

And now for the rest of the story..........................

I have no financial interest in VMC or its affiliates, nor do I represent them in any way.  What I do have is over 25 years of real-world business experience and over 10 years of online business experience and know the difference getween a scam and  a good business with great potential; VMC is not a scam and the VMC operation is indeed a good operation with great potential.

Because of the emails and phone conversations I have had with VMC, I am absolutely confident that VMC will produce an effective and affordable product and will do so in a timely and customer-satisfying manner.  When I complete a couple of real-world business deals I intend to order equipment from VMC, so I wll be putting my money where my keyboard is.

At any rate, my considered opinon is that when it comes to doing businness with VMC, you can do business with coinfidence.

My $.02.


Yes, come on down and I will take you to lunch at one of my Favorites places, Jimm's Steak House, it used to be a Steak & Ale, Jimm used to be the manager.

1291  Bitcoin / Hardware / Re: [ANN] Virtual Mining Corp Pre-Orders on: May 19, 2013, 10:36:20 PM

I have a few others, if you don't mind:
-why use 50 BTC MAGMA PCI extender boxes? Cheaper (way cheaper) solutions exist.

@ KS

Do you know of any cheaper examples?

One other this is that we will be working to modify the case to provide the power requirement required for
the 16 mining cards it the system and the required power cables.
1292  Bitcoin / Hardware / Re: [ANN] Virtual Mining Corp Pre-Orders on: May 19, 2013, 10:32:56 PM
Avalon use saprtan xc6slx16-2ftg256c what cost 25$ at digikey.


We have bigger plans for the CPU.
1293  Bitcoin / Hardware / Re: [ANN] Virtual Mining Corp Pre-Orders on: May 19, 2013, 10:31:29 PM

I have a few others, if you don't mind:
-why use 50 BTC MAGMA PCI extender boxes? Cheaper (way cheaper) solutions exist.

@ KS

Do you know of any cheaper examples?

Not yet, but I will looking into it.  If someone orders the extender case and we change we will
reduce the price and refund the difference between the retail prices of each box.
1294  Bitcoin / Hardware / Re: [ANN] Virtual Mining Corp Pre-Orders on: May 19, 2013, 10:28:34 PM
The prototype itself signifies that the design works, and most (if not all) bugs encountered won't kill the company's future.

It is only rational to produce a proof of concept....that not even a simulation could provide.

Still, the pricing is... suspicious.

What is suspicious about our pricing?

Given the equipment you are showing, it is very low.

Kudos for answering the "questions" in this thread in a very neutral, yet informative manner.

I have a few others, if you don't mind:
-why use 50 BTC MAGMA PCI extender boxes? Cheaper (way cheaper) solutions exist.
-why use dual CPU motherboards (when a Raspberry Pi would suffice)?
-why with mixed PCI/PCI-E connectors?
-why use PCI-E and not USB?
-where will you source the Spartan 6?
-why only 20 "prototypes"? Avalon chips are cheap and "readily" available.
-why such a low count on the second batch? Even Avalon started with 300.
-given the previous will not fund your R&D, how do you finance the project?
-do you plan a reseller program?
-do you plan an affiliates program?
-do you plan on mining yourselves?
-why?
-why no company information on the website? (business reg., address, etc)

Thank you.


I have a few others, if you don't mind:
-why use 50 BTC MAGMA PCI extender boxes? Cheaper (way cheaper) solutions exist.

We will be looking for the best extender and the best price.  Specifications are subject to
change.

-why use dual CPU motherboards (when a Raspberry Pi would suffice)?

We are doing a lot more that you know about at this point. (Bigger plans for the system and the bitcoin network)

-why with mixed PCI/PCI-E connectors?

I like what else is on the board.

-why use PCI-E and not USB?

Datacenter compatable

-where will you source the Spartan 6?

Don't know yet.

-why only 20 "prototypes"? Avalon chips are cheap and "readily" available.

This is what we think we can produce by the end of August.

-why such a low count on the second batch? Even Avalon started with 300.

Again, just what we feel we can scale our manufacturing up to.

-given the previous will not fund your R&D, how do you finance the project?

You don't that it will not fund our R&D.

-do you plan a reseller program?

Good idea.

-do you plan an affiliates program?

Another good idea?

-do you plan on mining yourselves?

We have a mining cooperative on bitfunder.com you can check it out here: https://bitfunder.com/asset/AMC
-why?
We like mining too.

-why no company information on the website? (business reg., address, etc)

Had to get ready for Bitcoin 2013, we will be adding to to the Web Site all that information.

We are a Delaware corporation.

I hope i answered you questions, if not PM me or make another post.
1295  Bitcoin / Hardware / Re: [ANN] Virtual Mining Corp Pre-Orders on: May 19, 2013, 10:10:25 PM
Virtual Mining Corporation is now taking pre-orders for its
Fast-Hash-80 80 GH/s Bitcoin Mining Machine.

www.virtualminingcorp.com

So much info from you...When do you expect to have a prototype working? What about finished devices for customers? Why aren't you giving more info?

Our first series of machines will be build using the tested technology of Avalon, there chips and there board, this will be our version 1 board.  We will then take that board a re-spin it with a PCI express interface so our customers will be able to use our expansion case.  After we re-spin the board we will have an upgrade program for our version 1 board for customer who wish to upgrade. 

We have chips on order from Avalon and will be placing more orders for chips depending on our sales.  Our delivery date will be adjusted based on sales.  The current date for delivery is only for the first batch of machines that we order chips for in the next week.  This also it depends on our suppliers, i.e. Avalon. 

I talked with Yifu at Bitcoin 2013 and Avalon is not going to be build any more machines, they are just going to be a chip supplier.

Our second and third series of machines will be build on our own Fast-Hash chips 45nm and 28nm.  Since we are here in San Jose at Bitcoin 2013, of which we will be posting video on the site, we had a meeting with our supplier of our chips.

Since we are using Avalon's technology chips and boards we don't expect a long testing time.  Also, talking with Yifu, if we could order a complete order of 10,000 chips, we would receive some testing chips.
The rest of our parts for our machines our off-the-shelf and are readily available.  Our shipping date is firm for about the first 20 devices sold, then we will move that date back to 9/30/2013 for the next 100 macines.

I hope this gives you the information you need.
I am surprised, your answer was a complete and concise roadmap of your plans.

You can't get that kind of answer out of BFL. I am tentatively in favor of your company. (Make sure to post your video at BitCoin 2013.)

I want to ask what you feel you will improve with your Avalon based clones at this time? I noticed you have mentioned the PCIe interface. A very good start. What other kinds of features do you foresee? (points that set you apart from the other clone makers?)

Tlhanks for asking this question.  The only improvements to our Fast-Hash-XX series will to make it scalable to 4 expansion cases and upgradable to our Fast-Hash-XXX series and Fast-Hash-TH series.   

Most of our work is going to be put into our 45nm and 28nm series of machines.
1296  Bitcoin / Hardware / Re: [ANN] Virtual Mining Corp Pre-Orders on: May 19, 2013, 09:51:08 PM
Yes, these will be our Fast-Hash 28nm chips.

 If you don't mind my asking, how did you secure the several millions of dollars in research and funding required to pull this manufacturing feat off within the next 3-5 years ?

Magic
1297  Bitcoin / Hardware / Re: [ANN] Virtual Mining Corp Pre-Orders on: May 19, 2013, 04:51:34 PM
The prototype itself signifies that the design works, and most (if not all) bugs encountered won't kill the company's future.

It is only rational to produce a proof of concept....that not even a simulation could provide.

Still, the pricing is... suspicious.

What is suspicious about our pricing?
1298  Bitcoin / Hardware / Re: [ANN] Virtual Mining Corp Pre-Orders on: May 19, 2013, 04:02:28 PM
Anyone at Bitcoin 2013 today, I would be happy to meet with you.  Give me a call at (855) - One-Bitcoin (663-2482) X700.
1299  Bitcoin / Hardware / Re: [ANN] Virtual Mining Corp Pre-Orders on: May 19, 2013, 03:37:47 PM
Virtual Mining Corporation is now taking pre-orders for its
Fast-Hash-80 80 GH/s Bitcoin Mining Machine.

www.virtualminingcorp.com

So much info from you...When do you expect to have a prototype working? What about finished devices for customers? Why aren't you giving more info?


Because it's fake and a scam.

Right they're developing 26, 45, 65 AND 90nm chips that apparently go into ATX boards. What bullshit, doesn't even make sense!

We are not developing 26, 45, 65 and 90nm chips, only 45nm and 28nm.  These chips do not go into ATX boards, they will go into a custom board that uses a PCIe interface that plug into an ATX board.
1300  Bitcoin / Hardware / Re: [ANN] Virtual Mining Corp Pre-Orders on: May 19, 2013, 03:35:16 PM
28nm chip will cost lot money to develop .

Yes, We just had a meeting with our Semiconductor company last Friday.  We know what all
the cost are.
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