[VMC] The Official Virtual Mining Corporation Hardware Discussion

[kslaughter]

VMC's Fast-Hash-One with the "Worlds Fastest Bitcoin Mining Chip" @ 16 GH/s and < 12 Watts of power.

Now 256 GH/s For $3,999 Prepaid Pre-Order < 400 Watts of power shipping in October/November 2013

Limited Number of TH/s in the October/November delivery date, so order now.

http://www.virtualminingcorp.com

Shopping Cart Direct Link:

http://virtualminingcorp.com/shop1/index.php?id_product=10&controller=product

[1715543184]

1715543184

[1715543184]

1715543184

[1715543184]

1715543184

[1715543184]

1715543184

[kslaughter]

Reserved

[kslaughter]

Reserved

[kslaughter]

Our Fast-Hash-80 are on sale at 20% Off thru May 21, 2013

www.virtualminingcorp.com

[wasted]

Vaperware?

[kslaughter]

Vaperware?

No, I don't think so.

[wasted]

all I see is preorder and no cost.. looks like vaperware .. taste like vaperware.. must be vaperware..   (Its the internet I can't feel it yet) but I got 2 of the 3..

[kevcoins]

will be great if we could see a working prototype or real asic model with videos and photos... of your asic miner

[abuelau]

Yeah unless you give much more specific info, it's hard to bet on you.

[Lauda]

Doubtfull that someone will belive this, more details, videos, something

[dan99]

no reply from op?

[kslaughter]

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.

[kslaughter]

VMC's Fast-Hash-One with the "Worlds Fastest Bitcoin Mining Chip" @ 16 GH/s and < 12 Watts of power.

Now 256 GH/s For $3,999 Prepaid Pre-Order < 400 Watts of power shipping in October/November 2013

Limited Number of TH/s in the October/November delivery date, so order now.

http://www.virtualminingcorp.com

Shopping Cart Direct Link:

http://virtualminingcorp.com/shop1/index.php?id_product=10&controller=product

[cchan]

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.

Where is your own 16Gh/s chips?

[kslaughter]

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.

Where is your own 16Gh/s chips?

We are having it built by http://www.easic.com

[Rampion]

Self moderated sales topic? So you don't want indepent reviews and whatnot, right?

[lewicki]

Self moderated sales topic? So you don't want indepent reviews and whatnot, right?

Please read this:
https://bitcointalk.org/index.php?topic=206488.msg2752314#msg2752314

[kslaughter]

ActiveMining: Reaches Its Goal to Fund The NRE to Create the Worlds Fastest Bitcoin Mining Chip

SPRINGFIELD, MO, - July 19, 2013 - Active Mining (AM) and Virtual Mining Corporation (VMC) are announcing today that they have reached their funding goal to provide funds for the NRE required by eASIC.  VMC is in the process of creating the  "World's Fastest Bitcoin Mining Chip"  the Fast-Hash-One 28nm 16 GH/s chip. The Fast-Hash-One machines starts at 256 GH/s with a retail price of $3,999 or $15.62 per GH/s also making it the price leader in the market place. The Fast-Hash-One series of bitcoin mining machines are  "The Gold Standard Of Bitcoin Mining Machines"™

[inspiredinvestor]

kslaughter web site is impressive looking and i will definitely be watching this space, as we are a Aussie Mining Group looking for the right (we love avalon, but a whole lot chips to buy, then  assemble is abit much for us at the moment)

Can you go into details of your delivery Plan, timeframe, did you put the specs into www.easic.com ?
do the funds from ActiveMiner help fund the business?

[notlist3d]

How many threads do you have?

[kslaughter]

kslaughter web site is impressive looking and i will definitely be watching this space, as we are a Aussie Mining Group looking for the right (we love avalon, but a whole lot chips to buy, then  assemble is abit much for us at the moment)

Can you go into details of your delivery Plan, timeframe, did you put the specs into www.easic.com ?
do the funds from ActiveMiner help fund the business?

ActiveMining is a virtual identity totally owned by the Active Mining Corporation (Belize) that represents both itself and its profits. ActiveMining's business includes cryptocoin mining and sales of self-built ASIC devices through its wholly owned subsidiary Virtual Mining Corporation (VMC).

[howardb]

Quote from customer services today, when asked what the shipping date would be on units ordered today:

"Dear Customer,
Current shipping status on any current order is between Feburary 28th - March 20th.

Regards,
Customer service"

[VinCeCream]

Quote from customer services today, when asked what the shipping date would be on units ordered today:

"Dear Customer,
Current shipping status on any current order is between Feburary 28th - March 20th.

Regards,
Customer service"

Very useful thanks !

[HardwareReviewer]

Hi,

any of you guys have also had the refund cheque sent with a misspelling in your name (twice), so that cashing it in is impossible?


Thanks.

[NotLambchop]

Vaperware?

No, I don't think so.

Lol

[kslaughter]

Hi,

any of you guys have also had the refund cheque sent with a misspelling in your name (twice), so that cashing it in is impossible?


Thanks.

CS can fix that for you.

[gmkamberis]

hi i order and pay in December 2013 ..and i still wait..07/04/2014


Order Reference YWPZKDLQF -- placed on 2013-12-15
Date    Status
2013-12-23 09:16:14    Payment accepted
2013-12-15 05:44:34    Awaiting bank wire payment
2013-12-15 05:44:34    Pre-Ordered

Reference    Product    Quantity    Unit price    Total price
Total products (tax excl.) $699.00
Total products (tax incl.): $699.00
Total shipping (tax incl.): $70.00
Total $769.00
FH-64GHS-MODULE    Fast-Hash-One Silver 64 GH/s PCI-E Module    1    $699.00    $699.00



DON'T BUY FROM  VIRTUAL MINING CORP .

[almwaysa]

Hello
I have asked for a refund in january!
and still there was no reply nor a refund check sent for me!
I have asked through the support of the order with no response whatsoever!
Order #: BTCELHSQM
Refund ask date: 2014-01-21 18:32:28

[Anddos]

its obivious ken spent your BTC to buy avalons so he could mine for him self

[kslaughter]

its obivious ken spent your BTC to buy avalons so he could mine for him self

I purchased the Avalons with my own bitcoins.

[kslaughter]

Weekly Update 4/2/2014

Pre-Order Customers:

We are offering 20% off the price of our Prospector card for our Pre-Order customers.  We will apply your pre-order payment to your total Prospector card order.  You will need to use this voucher code URZSZLUF and have a valid pre-order with us.  Should your pre-order amount not cover the total on your order you will need to pay the difference.  If there is a balance left we will issue you a voucher for a future purchase.  When ordering as a pre-order customer you will need to add the Order ID of the pre-order you want transferred in the comment section of the order.

Datacenter:

The datacenter should be coming on line this week, barring any unforeseen problems.  We will be bring up 1 rack at a time.  We will have 4 racks in this phase with ~60 TH/s coming on line.  We will be adding additional step-down transformers to bring the total up to 100 TH/s after we get the first phase running.  The next phase will be to bring the datacenter up to 200 TH/s after the first month of running the first phase.

MSD Investigation:

We are continuing to work with the MSD through our lawyer to bring this to a conclusion is the shortest amount of time as possible.

Sells:

We have shipped our first miners and they have been delivered.  We are continuing to get orders and we are continuing to ship miners.

Shares:

Next week I will start transferring shares to CT so our investors can start trading.

[gmkamberis]

hi i order and pay in December 2013 ..and i still wait..07/04/2014


Order Reference YWPZKDLQF -- placed on 2013-12-15
Date    Status
2013-12-23 09:16:14    Payment accepted
2013-12-15 05:44:34    Awaiting bank wire payment
2013-12-15 05:44:34    Pre-Ordered

Reference    Product    Quantity    Unit price    Total price
Total products (tax excl.) $699.00
Total products (tax incl.): $699.00
Total shipping (tax incl.): $70.00
Total $769.00
FH-64GHS-MODULE    Fast-Hash-One Silver 64 GH/s PCI-E Module    1    $699.00    $699.00



DON'T BUY FROM  VIRTUAL MINING CORP .
DON'T BUY FROM  VIRTUAL MINING CORP .

[HardwareReviewer]

Ken, your silence regarding my refund is forcing me to take the legal path now.
You will hear about my lawyer soon.

[lkb0981]

I wired my payment on 12/5/2013,they accepted the payment. but they did not ship ANYTHING,and refuse REFUND.
More than that they ask me pay more money for further production...should I wait for another 6 monthes and realize it is some kind of cheat?
I think this company is dishonorable and I have reported to MI legal departmrnt,soon government will investigate it.

I suggest not pay this company any moey~

[faxfan2002]

I wired my payment on 12/5/2013,they accepted the payment. but they did not ship ANYTHING,and refuse REFUND.
More than that they ask me pay more money for further production...should I wait for another 6 monthes and realize it is some kind of cheat?
I think this company is dishonorable and I have reported to MI legal departmrnt,soon government will investigate it.

I suggest not pay this company any moey~

Same here took my money for goldrush cards and no communications at all, shocking.

[miter_myles]

http://www.news-leader.com/story/news/local/ozarks/2014/06/02/secretary-state-halts-springfield-bitcoin-business/9871263/

Secretary of State Jason Kander has halted a Springfield resident's Bitcoin-based investment activity, saying in a news release today that Kenneth Slaughter used "deceptive tactics" to convince online investors to pay for the development of Bitcoin mining equipment.

Mining is the process of solving complex math problems to gain additional Bitcoins, an unregulated digital currency.

[kslaughter]

ANNOUNCEMENT:

We will soon start refunding all of our Pre-Order customers that have requested a refund and have not received their refund.  We will be refunding the pre-order amount converted to BTC @ the coinbase current sell price.  Our pre-order customer will have to agree to being refunded in BTC.  We will post in about 1 week an agreement to be refunded in BTC.  Should a pre-order customer wish to receive their refund in USD we will also do those refunds after the BTC refunds.

[VinCeCream]

http://www.news-leader.com/story/news/local/ozarks/2014/06/02/secretary-state-halts-springfield-bitcoin-business/9871263/

Secretary of State Jason Kander has halted a Springfield resident's Bitcoin-based investment activity, saying in a news release today that Kenneth Slaughter used "deceptive tactics" to convince online investors to pay for the development of Bitcoin mining equipment.

Mining is the process of solving complex math problems to gain additional Bitcoins, an unregulated digital currency.

End of game ..

[Ironbear]

ANNOUNCEMENT:

We will soon start refunding all of our Pre-Order customers that have requested a refund and have not received their refund.  We will be refunding the pre-order amount converted to BTC @ the coinbase current sell price.  Our pre-order customer will have to agree to being refunded in BTC.  We will post in about 1 week an agreement to be refunded in BTC.  Should a pre-order customer wish to receive their refund in USD we will also do those refunds after the BTC refunds.

I would like a refund for the bogus Hashfast card you sent me as a replacement for the pre-order. The card ran at 30% hash rate for 12 hours giving me a whopping $.02btc before dying. I've tried several times to contact you in writing and VM. I still have the bad card post marked 4 days after receiving it because it was unclaimed at the address posted on your website. Sending me an experimental board without a warranty doesn't count as making good on my purchase. I have all of this documented and provable. Are you going to refund ME Ken?

Billy

[klondike_bar]

its obivious ken spent your BTC to buy avalons so he could mine for him self

I purchased the Avalons with my own bitcoins.

can't believe i missed this little nugget before - what sort of startup CEO invests money in private machines and not in thier own company?

oh yeah, a CEO who has a history of deceptive tactics and builds his company entirely from investor money and not his own.

[HardwareReviewer]

ANNOUNCEMENT:

We will soon start refunding all of our Pre-Order customers that have requested a refund and have not received their refund.  We will be refunding the pre-order amount converted to BTC @ the coinbase current sell price.  Our pre-order customer will have to agree to being refunded in BTC.  We will post in about 1 week an agreement to be refunded in BTC.  Should a pre-order customer wish to receive their refund in USD we will also do those refunds after the BTC refunds.

11 days later...

[Rogaki]

ANNOUNCEMENT:

We will soon start refunding all of our Pre-Order customers that have requested a refund and have not received their refund.  We will be refunding the pre-order amount converted to BTC @ the coinbase current sell price.  Our pre-order customer will have to agree to being refunded in BTC.  We will post in about 1 week an agreement to be refunded in BTC.  Should a pre-order customer wish to receive their refund in USD we will also do those refunds after the BTC refunds.

13 days later

[cryptoconomist]

Hi Ken,

I'm yet to hear back with regards to my refund (order QNSJBYJUB). I'm among your very first customers (order placed in Aug13) hence it would be appreciated if you could prioritize this. I also received an email from you on Apr 12 2014 saying VMC had processed my refund.

If I send you my BTC wallet ID, when can i expect the refund to be done by?

Regards

[RoadStress]

Hi Ken,

I'm yet to hear back with regards to my refund (order QNSJBYJUB). I'm among your very first customers (order placed in Aug13) hence it would be appreciated if you could prioritize this. I also received an email from you on Apr 12 2014 saying VMC had processed my refund.

If I send you my BTC wallet ID, when can i expect the refund to be done by?

Regards

Good luck with your refund. Ken is nowhere to be found so you are alone. Try their thread in Securities forum.

[cryptoconomist]

Hi Ken,

I'm yet to hear back with regards to my refund (order QNSJBYJUB). I'm among your very first customers (order placed in Aug13) hence it would be appreciated if you could prioritize this. I also received an email from you on Apr 12 2014 saying VMC had processed my refund.

If I send you my BTC wallet ID, when can i expect the refund to be done by?

Regards

Good luck with your refund. Ken is nowhere to be found so you are alone. Try their thread in Securities forum.

Thanks. Could you please share the link? I'm getting lost in all of these threads. Thanks

[RoadStress]

Hi Ken,

I'm yet to hear back with regards to my refund (order QNSJBYJUB). I'm among your very first customers (order placed in Aug13) hence it would be appreciated if you could prioritize this. I also received an email from you on Apr 12 2014 saying VMC had processed my refund.

If I send you my BTC wallet ID, when can i expect the refund to be done by?

Regards

Good luck with your refund. Ken is nowhere to be found so you are alone. Try their thread in Securities forum.

Thanks. Could you please share the link? I'm getting lost in all of these threads. Thanks

https://bitcointalk.org/index.php?topic=462370.0

Check Bargraphic's latest post and be sure to report them to the authorities especially here: http://www.woodlaw.com/cases/virtual-mining-corporation-and-active-mining-corporation

[kslaughter]

Virtual Mining Corporation

Bitcoin Pre-Order Refund Agreement


I hereby agree for my pre-order equipment ordered from Virtual Mining Corporation paid is USD or bitcoins to be refunded to the bitcoin address below converted at the current coinbase.com buy price at the time the refund is issued.  I agree that this will be a full repayment of Virtual Minings obgation to you.  Refund will be processed within 7 business days.

Name:
Address:
City:
State:
Country:

Order ID:
Order Date:
Total amount of order in USD:
Bitcoin Refund Address:

I hereby agree the above terms:

_________________________________
Signed

_________________________________
Print Name

_________________________________
Date


Sign and scan the above agreement and email to btcrefunds@virtualminingcorp.com

[fently]

Virtual Mining Corpoation

Bitcoin Pre-Order Refund Agreement


I hereby agree for my pre-order equipment ordered from Virtual Mining Corporation paid is USD or bitcoins to be refunded to the bitcoin address below converted at the current coinbase.com buy price at the time the refund is issued.  I agree that this will be a full repayment of Virtual Minings obgation to you.

Name:
Address:
City:
State:
Country:

Order ID:
Order Date:
Total amount of order is USD:
Bitcoin Refund Address

I hereby agree the above terms:

_________________________________
Signed

_________________________________
Print Name


Sign and scan the above agreement and email to btcrefunds@virtualminingcorp.com

So, correct me if I'm misunderstanding this, but the refund agreement says that the customer agrees to be refunded in BTC at no specific date using the coinbase.com rate on that particular date, and they furthermore agree that repayment covers all obligation that VMC has to the customer.

So let's say that between now and when the refund is paid, the customer enters into legal action against VMC. All VMC has to do is pay the refund for that customer, and doing so would activate the agreement and stop the legal action.

In other words, this isn't a refund request, it's a settlement agreement that doesn't even require VMC to pay anything up front. It can easily be triggered by VMC if you ever sue them, and it still lets them wait literally forever to pay you back. So the form gives VMC power that the customer shouldn't agree to.

[kslaughter]

Virtual Mining Corpoation

Bitcoin Pre-Order Refund Agreement


I hereby agree for my pre-order equipment ordered from Virtual Mining Corporation paid is USD or bitcoins to be refunded to the bitcoin address below converted at the current coinbase.com buy price at the time the refund is issued.  I agree that this will be a full repayment of Virtual Minings obgation to you.

Name:
Address:
City:
State:
Country:

Order ID:
Order Date:
Total amount of order is USD:
Bitcoin Refund Address

I hereby agree the above terms:

_________________________________
Signed

_________________________________
Print Name


Sign and scan the above agreement and email to btcrefunds@virtualminingcorp.com

So, correct me if I'm misunderstanding this, but the refund agreement says that the customer agrees to be refunded in BTC at no specific date using the coinbase.com rate on that particular date, and they furthermore agree that repayment covers all obligation that VMC has to the customer.

So let's say that between now and when the refund is paid, the customer enters into legal action against VMC. All VMC has to do is pay the refund for that customer, and doing so would activate the agreement and stop the legal action.

In other words, this isn't a refund request, it's a settlement agreement that doesn't even require VMC to pay anything up front. It can easily be triggered by VMC if you ever sue them, and it still lets them wait literally forever to pay you back. So the form gives VMC power that the customer shouldn't agree to.

We have already started sending out the first payment.  We intend to pay refunds as soon as we receive the form and can process the request.

[RoadStress]

We have already started sending out the first payment.  We intend to pay refunds as soon as we receive the form and can process the request.

Trust: -4: -1 / +0(0)
Warning: Trade with extreme caution!

Thank you for doing business scamming here. Please move to the jail that you deserve and don't ever come back.

[lenart_o]

Virtual Mining Corpoation

Bitcoin Pre-Order Refund Agreement


I hereby agree for my pre-order equipment ordered from Virtual Mining Corporation paid is USD or bitcoins to be refunded to the bitcoin address below converted at the current coinbase.com buy price at the time the refund is issued.  I agree that this will be a full repayment of Virtual Minings obgation to you.

Name:
Address:
City:
State:
Country:

Order ID:
Order Date:
Total amount of order is USD:
Bitcoin Refund Address

I hereby agree the above terms:

_________________________________
Signed

_________________________________
Print Name


Sign and scan the above agreement and email to btcrefunds@virtualminingcorp.com

So, correct me if I'm misunderstanding this, but the refund agreement says that the customer agrees to be refunded in BTC at no specific date using the coinbase.com rate on that particular date, and they furthermore agree that repayment covers all obligation that VMC has to the customer.

So let's say that between now and when the refund is paid, the customer enters into legal action against VMC. All VMC has to do is pay the refund for that customer, and doing so would activate the agreement and stop the legal action.

In other words, this isn't a refund request, it's a settlement agreement that doesn't even require VMC to pay anything up front. It can easily be triggered by VMC if you ever sue them, and it still lets them wait literally forever to pay you back. So the form gives VMC power that the customer shouldn't agree to.

We have already started sending out the first payment.  We intend to pay refunds as soon as we receive the form and can process the request.

Hmm I hear this words in february when I want refund first time we want proof with blockchain info link this is anonymous so you can public this on this forum.

Who is with this idea with me??

[John356]

Hi,

I just got one of the 750GH Cards that I was not expecting.  I ordered a system back in December. 
First I was not sure what it was but now I figured it out.

I looked at this video and it matches.

VMC Gold Rush 750gh/s 28nm Bitcoin ASIC Mining Card

The box only was white no cover.

The question is I would like to sell this card and at least recoup some of the money.

Any one suing these guys let me know.

Thanks

https://www.youtube.com/watch?v=vr281yTrCVY

https://post.craigslist.org/manage/4632700519

[RoadStress]

Any one suing these guys let me know.

Sure. Check here: https://bitcointalk.org/index.php?topic=462370.msg8432941#msg8432941

Good luck in bringing the lying con artist down!

[cryptoconomist]

Hi,

I just got one of the 750GH Cards that I was not expecting.  I ordered a system back in December. 
First I was not sure what it was but now I figured it out.

I looked at this video and it matches.

VMC Gold Rush 750gh/s 28nm Bitcoin ASIC Mining Card

The box only was white no cover.

The question is I would like to sell this card and at least recoup some of the money.

Any one suing these guys let me know.

Thanks

https://www.youtube.com/watch?v=vr281yTrCVY

https://post.craigslist.org/manage/4632700519

Wow, it amazes me Ken is still around trying to patch up this dreadful situation. There doesn't seem to be any rationale behind VMC's behaviour and actions. I placed an order with them in August 2013 and never received any gear nor refund.

Did you ever filled in the BTC refund form Ken published or did the card magically appeared?

Why would he still be mailing mining cards if he has decided to disappear? I don't get it...

[drawingthesun]

Hi,

I just got one of the 750GH Cards that I was not expecting.  I ordered a system back in December. 
First I was not sure what it was but now I figured it out.

I looked at this video and it matches.

VMC Gold Rush 750gh/s 28nm Bitcoin ASIC Mining Card

The box only was white no cover.

The question is I would like to sell this card and at least recoup some of the money.

Any one suing these guys let me know.

Thanks

https://www.youtube.com/watch?v=vr281yTrCVY

https://post.craigslist.org/manage/4632700519

Is this for real?

[funkymunky]

Good question.....

Hi,

I just got one of the 750GH Cards that I was not expecting.  I ordered a system back in December. 
First I was not sure what it was but now I figured it out.

I looked at this video and it matches.

VMC Gold Rush 750gh/s 28nm Bitcoin ASIC Mining Card

The box only was white no cover.

The question is I would like to sell this card and at least recoup some of the money.

Any one suing these guys let me know.

Thanks

https://www.youtube.com/watch?v=vr281yTrCVY

https://post.craigslist.org/manage/4632700519

Is this for real?

[John356]

The card looks real.  I have not tried it.

I guess I could try it out, but I would rather just sell it.

[funkymunky]

Would you mind having a look to see if there is a locale for where it was dispatched from at all?

The card looks real.  I have not tried it.

I guess I could try it out, but I would rather just sell it.

[CedBobKing]

We ordered a FastHash unit 50 weeks ago. We complained to the State of Missouri last spring. We did not sign up for the Bitcoin refund. A couple days ago I did give the Wood Law Firm contact information. However, today, we got a box. We haven't opened it yet. There is discussion about rejecting the shipment.

Has anyone else had a delivery from them? Does the thing work?

[MrTeal]

We ordered a FastHash unit 50 weeks ago. We complained to the State of Missouri last spring. We did not sign up for the Bitcoin refund. A couple days ago I did give the Wood Law Firm contact information. However, today, we got a box. We haven't opened it yet. There is discussion about rejecting the shipment.

Has anyone else had a delivery from them? Does the thing work?

Which FashHash unit?

Honestly, depending on what you are getting and what you paid, you might want to reject it. What's listed on the packing slip?
Chances are you have a slim chance at getting a full refund, but your chance at a full refund might be higher than the current value of whatever's in the box.

[CedBobKing]

We've decided that returning it will get us nothing. Opening it might get us mining. So we opened it.

It contains a card that greatly resembles the one in this posting, https://bitcointalk.org/index.php?topic=560034.0 and http://youtu.be/vr281yTrCVY. The card was poorly mounted in a generic case. Included was a power supply, CPU water cooler and a RaspberryPi. The Pi won't boot. It gives a "HashFast" splash screen. I can't read the file system off of the SD on my MacBook.

I've pulled the components out and mounted them on a scrap piece of plywood. I've built a minimal CentOS virtual machine and compiled the latest CGMiner on with with HashFast support.

Tomorrow we'll try it out.