I paid slightly less than 30K for my [upgrade] order of two BFL SC miniRigs, with an aggregate hash rate of 3 TH/s - so why would I want to pay 30K for a measly 400 GH/s?
An absurd proposition.
Yes, you are right, if BFL continues to sell their now 1 TH/s rigs at $30,000, so if that is the case would you buy at $15,000? Just trying to see what the interest is here. I'm not going to buy at a HIGHER price per TH/s than I already have. I paid $10000 per TH/s. Thus, I'd be interested in ASIC miners at or below, say, $8000 per TH/s, especially if they draw significantly less power than the BFL ones. It is good to know that your price point is at $8,000 per TH/s
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Virtual Mining Corporation (VMC) To Purchase 110nm Chips From Avalon To Build AMC Machines
SPRINGFIELD, MO, – May 2, 2013 – VMC a manufacture of the Fast-Hash Bitcoin Mining Machines has announced today that they have agreed to purchase 110nm chips from Avalon in china with a Group Buy. These chips will be the backbone of VMC's Fast-Hash-80 machines. AMC will be receiving the first 100 machines of each batch. AMC is a hybrid mining and development cooperative and a business unit of VMC.
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AMC Declares Special Dividend
SPRINGFIELD, MO, – May 2, 2013 – AMC today has declared a special dividend of .0000001 per share for it members.
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Assuming that sales was done through a pre-existing company who grows own silicon and they could ship *now*...
I'd take between 8 and 24 units @ 15k each
but the window is closing on this- because soooner or later BFL is going to re-open sales on rigs... and then that money's committed.
Did you put the 24 in the poll? If not please do.
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A company called virtual mining didnt know what bitcoins were...then what were you guys mining with all this high tech computer equipment?
and how does that make you the "bitcoin mining experts"
Not Virtual Mining, but the Semiconductor company.
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Depending on how it all shakes out I might be interested but I refuse to pre-order anything again. There is no need to gauge interest around here, develop a product that can generate a 'fair' ROI without breaking the bank (or for that matter electricity costs) and you will be swimming in orders before you can upgrade your infrastructure.
Show us something that works and works well and I will show you an avalanche of new business.
Yes, I know that, but a Major Semiconductor Company does not. I think a "major semiconductor company" has better research methods than unscientific polls via an internet forum. just sayin... And in any case there is more than enough evidence all over bitcointalk of the popularity and interest in asics. But if i see one more "we're building new asics, better than everyone else...are you interested?" I'm going to have to punch my screen Yes, but they didn't even know what Bitcoin were.
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Depending on how it all shakes out I might be interested but I refuse to pre-order anything again. There is no need to gauge interest around here, develop a product that can generate a 'fair' ROI without breaking the bank (or for that matter electricity costs) and you will be swimming in orders before you can upgrade your infrastructure.
Show us something that works and works well and I will show you an avalanche of new business.
Yes, I know that, but a Major Semiconductor Company does not. I think a "major semiconductor company" has better research methods than unscientific polls via an internet forum. just sayin... And in any case there is more than enough evidence all over bitcointalk of the popularity and interest in asics. But if i see one more "we're building new asics, better than everyone else...are you interested?" I'm going to have to punch my screen Truth here - All this semiconductor company would need to do is use google to know they would have instant buisiness - This whole thing smells of scam - Although I will say if a company could make a PCB and use Avalon chips by ordering 200,000 of them and assemble thier own units they could make a ton of money selling them. - If only I had the knowledge and resources to do that ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) They could google Bitcoins if they knew about Bitcoins which they didn't. Because you know about Bitcoin doesn't mean everyone does. They did not know about them until I started talking to them about Bitcoins. Management is starting to talk about them. So this poll is trying to show them that this market is big, if you can deliver the goods fast.
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Depending on how it all shakes out I might be interested but I refuse to pre-order anything again. There is no need to gauge interest around here, develop a product that can generate a 'fair' ROI without breaking the bank (or for that matter electricity costs) and you will be swimming in orders before you can upgrade your infrastructure.
Show us something that works and works well and I will show you an avalanche of new business.
Yes, I know that, but a Major Semiconductor Company does not. I think a "major semiconductor company" has better research methods than unscientific polls via an internet forum. just sayin... And in any case there is more than enough evidence all over bitcointalk of the popularity and interest in asics. But if i see one more "we're building new asics, better than everyone else...are you interested?" I'm going to have to punch my screen Go ahead and punch your screen: ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Depending on how it all shakes out I might be interested but I refuse to pre-order anything again. There is no need to gauge interest around here, develop a product that can generate a 'fair' ROI without breaking the bank (or for that matter electricity costs) and you will be swimming in orders before you can upgrade your infrastructure.
Show us something that works and works well and I will show you an avalanche of new business.
Yes, I know that, but a Major Semiconductor Company does not.
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If these things have not actually been made yet, why 100nm, 45nm, and 28nm processes? Wouldn't you pick one during the design process? You're supposedly designing asics using all three according to your website, so you're designing the first gen at the same time as the second gen and third gen? Or you're designing three separate chips because you have more money and engineers than you know what to do with? A sort of competition between engineering teams to help motivate them, is that it? Also, under Services, nothing happens when you click on Proven Designs In Our Fash-Hash Series, which I think is appropriate. Nothing happens when you click on any of your services, which may be the most honest thing about this whole scheme. Your domain was first registered in March 2013, but your website claims VMC has more than 30 Years of experience in design software for the PC including device drivers and GUI interfaces. A little long to get a website up for a software company. All in all I'd say everything looks on the up-and-up and I cannot wait to hand over all my money to you as soon as I get it from the Nigerian prince! I wouldn't be critical since you're not taking pre-orders on your website for these imaginary miners yet, but you are currently attempting to sell 25 million shares on bitfunder for a service that doesn't exist without anything whatsoever backing it up and information that really doesn't make sense, which steamboat has pointed out. You're either running a scam or incredibly incompetent. For anyone seriously thinking this is legitimate, read the "AMC Press Releases" on bitfunder: https://bitfunder.com/asset/AMC. If I am proven wrong I will gladly retract all of my comments. If I may offer a personal opinion, I think the website needs more stock images of people in offices that have absolutely nothing to do with mining. Also, Can2It.com, the other company you're "CEO" of, is down. You may want to look into that. Edit:From another thread: https://bitcointalk.org/index.php?topic=158806.msg1979111#msg1979111Sorry for the delay in answering you post. Our estimated delivery on our Fast-Hash-XX series (20-80 GHs) is August 2013. We are purchasing Avalon chips which they say that can be supplies from TSMC is 9-10 weeks. We are ready have the machines designed, we just need to spin up the Printed Circuit Boards (PCB)s get the Avalon chips and have them installed on the board. After we receive the boards we would install them in our already design rack-mountable cases. The rest of the system is off the shelf components which are readily available. At the same time we will start our 45nm development project. So you're buying Avalon chips? Why not mention that here? I thought Avalon was 110nm, so now we're on our fourth different process. Then you're designing your own 45nm chips? What about the 28nm chips you have on your website? If you have designed the machines, where are the pictures? Where are pictures of the rack-mountable cases you already designed? Why is your website filled with photos of people in offices and not pictures of those? If you just put the website together I would think you would have put some effort into it before gauging the market for your $30,000 products. Every detail is going to be scrutinized when you're trying to sell something that costs that much money. Maybe the 100nm is a typo, we are using Avalon chips for our Fast-Hash-XX series 20 GH/s - 80 GH/s. Not trying to sell you anything here, just trying to get a little information.
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I also forgot that BFL rig is self contain. Fast hand rig will be rack mount so add additional cost to buy rack and setup etc.... to the final cost.
Did not say the it was Rack Mounted, it is Rack Mountable, only if you want it that way.
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BFL minirig was $30K for 1.5 Ths . Let say they double the price to $60K for 1.5Ths . That will be around $40 per Ghs . Fast hand machine is 400Ghs so 400 x $40 = $16K . That would be a fair deal, and a premium price around $20K will be the max that I will pay.
Just reduced it to $15,000.
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Lack of substance on the website. Smells fishy.
Just got the web site put together, not trying to sell anything at the point. Just trying to get some information. See updated poll above.
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Working prototype demonstration before collecting money?
Just trying to find out what the interest is, not trying to sell anything here. " 100 Fast-Hash-800's** @ 800 GH/s each for a total of: 80 TH/s Specifications: 45nm 6 GH/s chip 75 chips per board 2 boards per unit Estimated retail value @ ~$60,000 each for a total of $6,000,000 (Estimated to be delivered May 2013)" ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Delivering in May 2013?? Typo, Wrong date should be May 2014, I get that changed.
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I paid slightly less than 30K for my [upgrade] order of two BFL SC miniRigs, with an aggregate hash rate of 3 TH/s - so why would I want to pay 30K for a measly 400 GH/s?
An absurd proposition.
Yes, you are right, if BFL continues to sell their now 1 TH/s rigs at $30,000, so if that is the case would you buy at $15,000? Just trying to see what the interest is here.
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Working prototype demonstration before collecting money?
Just trying to find out what the interest is, not trying to sell anything here.
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In regards to your landing page advertisement for "FAST-HASH-XX's": Claim 80 GH/s from 4 modules, each producing 20GH/s. How can the modules produce 20GH/s if the chips produce 6?
These are our Fast-Hash-XXX series, those are the Fast-Hash-XX series Miner is priced in BTC at 75, Module upgrades priced in dollars at $1500. Why the discrepancy in pricing mechanism?
Still working on the site. It will be cleaned up soon. You claim the miner is AM3+ compatible, and contains an AMD 8350. Why?
"Fast-Hash Is The Gold Standard Of Bitcoin Mining Machines" miner gets 66MH/w, assuming it only uses 1200 of the 1500 watt power supply, 53 if it runs at capacity. (Avalon is 100 if memory serves)
2GB ram, upgradeable to 32GB. Why?
USB 3.0. Why?
Why Not! All your product pages are the same placeholder. Why? " AMC is developing ASIC chips on the 45nm and soon the 28nm process. AMC's ASIC 45nm chips will have fast speeds of 6 to 9 GH/s with low power usage." Do you not have working chips yet? How do you propose to get from no working chips to shipping in 2 months?
That is for me to know and you to find out. When clicking "read more" on http://www.virtualminingcorp.com/amc-more.html, the following shows up: 100 Fast-Hash-80's** @ 80 GH/s each for a total of: 8 TH/s Specifications: 110nm 282 MH/s chip 75 chips per board 4 boards per unit Estimated retail value @ ~$6,000 each for a total of $600,000 (Estimated to be delivered August 2013) 100 Fast-Hash-80's** @ 80 GH/s each for a total of: 8 TH/s Specifications: 110nm 282 MH/s chip 75 chips per board 4 boards per unit Estimated retail value @ ~$6,000 each for a total of $600,000 (Estimated to be delivered February 2013)
100 Fast-Hash-400's** @ 400 GH/s each for a total of: 40 TH/s Specifications: 45nm 6 GH/s chip 75 chips per board 1 board per unit Estimated retail value @ ~$30,000 each for a total of $3,000,000 (Estimated to be delivered March 2014)
100 Fast-Hash-800's** @ 800 GH/s each for a total of: 80 TH/s Specifications: 45nm 6 GH/s chip 75 chips per board 2 boards per unit Estimated retail value @ ~$60,000 each for a total of $6,000,000 (Estimated to be delivered May 2013)There is much, much more, but I think this is enough to answer to for now. The above is for our mining cooperative.
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You left out the option of (0) zero units.
Add the zero - none option
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How many units would you buy with this delivery date: Estimated Delivery July 2013 Specifications: - Fast-Hash-400's @ 400 GH/s each
- 45nm 6 GH/s chips
- 75 chips per board
- 1 board per unit
- expandable to 4 boards
- expandable to 1.6 TH/s
- Rack Mountable
- ~$30,000
See our Web Site: http://www.virtualminingcorp.com1.6TH I would buy a unit providing I could actually collect in person and then do a wire transfer or bitocin transfer to the value. if thats 30k for 400GH unit then not a chance anyone would buy for that as BFL have their units at 1TH for 30k when they re do their design for it You are right, I forgot about BFL unit, just did the ROI. Of course, BFL has doubled their prices on all their units, so the 1 TH unit might be $60,000.
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How many units would you buy? If we could deliver the units NOW. Specifications: - Fast-Hash-400's @ 400 GH/s each
- 45nm 6 GH/s chips
- 75 chips per board
- 1 board per unit
- expandable to 4 boards
- expandable to 1.6 TH/s
- Rack Mountable
- Low Power
- ~$15,000
Just trying to get an idea of how many chips we could sell, so as to convince a Major Semiconductor Company that they need to be in the Bitcoin ASIC chip market. Not trying to sell anything! See our Web Site: http://www.virtualminingcorp.com
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