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kslaughter (OP)
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July 10, 2013, 12:34:28 AM |
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Why do so many ASICs manufacturers take customer pre-order money before even demonstrating a working prototype?
I hope you're legit, but the fact that you're already accepting pre-order money with no existing track record doesn't look good...
This is what is required for start-up in the bitcoin business. To create a bitcoin mining chip and manufacturer bitcoin mining machines requires a lot of start up capital. We are not an Intel or Microsoft. |
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RoadStress
Legendary
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Activity: 1904
Merit: 1007
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July 10, 2013, 12:50:40 AM |
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Why do so many ASICs manufacturers take customer pre-order money before even demonstrating a working prototype?
I hope you're legit, but the fact that you're already accepting pre-order money with no existing track record doesn't look good...
This is what is required for start-up in the bitcoin business. To create a bitcoin mining chip and manufacturer bitcoin mining machines requires a lot of start up capital. We are not an Intel or Microsoft. |
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kslaughter (OP)
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July 10, 2013, 01:07:42 AM |
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Why do so many ASICs manufacturers take customer pre-order money before even demonstrating a working prototype?
I hope you're legit, but the fact that you're already accepting pre-order money with no existing track record doesn't look good...
This is what is required for start-up in the bitcoin business. To create a bitcoin mining chip and manufacturer bitcoin mining machines requires a lot of start up capital. We are not an Intel or Microsoft. EMail from our engineers today: Hi Gerald, We expect to have the prototype boards completed by July 23^rd . We would be ready for your visit / prototype verification, the week of the 29^th . Please let me know when you plan to be here. Will you send us cable sets, boxes, power supplies etc? We can verify there are no issues that will slow us down once you get here. Best regards, |
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RoadStress
Legendary
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Activity: 1904
Merit: 1007
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July 10, 2013, 01:09:25 AM |
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Why do so many ASICs manufacturers take customer pre-order money before even demonstrating a working prototype?
I hope you're legit, but the fact that you're already accepting pre-order money with no existing track record doesn't look good...
This is what is required for start-up in the bitcoin business. To create a bitcoin mining chip and manufacturer bitcoin mining machines requires a lot of start up capital. We are not an Intel or Microsoft. EMail from our engineers today: Hi Gerald, We expect to have the prototype boards completed by July 23^rd . We would be ready for your visit / prototype verification, the week of the 29^th . Please let me know when you plan to be here. Will you send us cable sets, boxes, power supplies etc? We can verify there are no issues that will slow us down once you get here. Best regards, So a thread was needed for this answer. I'm satisfied now. Looking forward for your prototype! |
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kslaughter (OP)
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July 10, 2013, 11:39:14 PM |
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Why do so many ASICs manufacturers take customer pre-order money before even demonstrating a working prototype?
I hope you're legit, but the fact that you're already accepting pre-order money with no existing track record doesn't look good...
This is what is required for start-up in the bitcoin business. To create a bitcoin mining chip and manufacturer bitcoin mining machines requires a lot of start up capital. We are not an Intel or Microsoft. EMail from our engineers today: Hi Gerald, We expect to have the prototype boards completed by July 23^rd . We would be ready for your visit / prototype verification, the week of the 29^th . Please let me know when you plan to be here. Will you send us cable sets, boxes, power supplies etc? We can verify there are no issues that will slow us down once you get here. Best regards, So a thread was needed for this answer. I'm satisfied now. Looking forward for your prototype! Good deal. |
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kslaughter (OP)
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July 16, 2013, 09:49:14 PM |
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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. Virtual Mining CorporationFast-Hash-One |
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kslaughter (OP)
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July 16, 2013, 10:35:00 PM |
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AM Launches The Worlds Fastest Bitcoin Mining Machine At 24.576 TH/s SPRINGFIELD, MO, - July 16, 2013 - Active Mining (AM) and Virtual Mining Corporation (VMC) are announcing today the launch of the "World's Fastest Bitcoin Mining Machine". The Fast-Hash-One configured with 6 expansion cases and 96-256 GH/s bitcoin hashing cards makes it the Worlds fastest bitcoin mining machines hands-down. The machines use 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"™ The Fast-Hash-One is available at: http://www.virtualminingcorp.com |
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freedomno1
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Activity: 1806
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Learning the troll avoidance button :)
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July 16, 2013, 10:35:15 PM |
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Just got the shareholder e-mail nice
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Believing in Bitcoins and it's ability to change the world
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RoadStress
Legendary
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Activity: 1904
Merit: 1007
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July 16, 2013, 10:55:55 PM |
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AM Launches The Worlds Fastest Bitcoin Mining Machine At 24.576 TH/s SPRINGFIELD, MO, - July 16, 2013 - Active Mining (AM) and Virtual Mining Corporation (VMC) are announcing today the launch of the "World's Fastest Bitcoin Mining Machine". The Fast-Hash-One configured with 6 expansion cases and 96-256 GH/s bitcoin hashing cards makes it the Worlds fastest bitcoin mining machines hands-down. The machines use 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"™ The Fast-Hash-One is available at: http://www.virtualminingcorp.comI don't understand something. I went to the website and i saw this info in your Fast-Hash-One Bitcoin Mining Machine priced at $3999: "Fast-Hash-One (No Hashing Card are Included with the base unit), the base unit uses 200 Watts of power." So does it hashes or not? What's a Fast-Hash-One 256 GH/s Module and why does it have a picture of Avalon board and why is it $5999? |
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kslaughter (OP)
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July 16, 2013, 10:58:26 PM |
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AM Launches The Worlds Fastest Bitcoin Mining Machine At 24.576 TH/s SPRINGFIELD, MO, - July 16, 2013 - Active Mining (AM) and Virtual Mining Corporation (VMC) are announcing today the launch of the "World's Fastest Bitcoin Mining Machine". The Fast-Hash-One configured with 6 expansion cases and 96-256 GH/s bitcoin hashing cards makes it the Worlds fastest bitcoin mining machines hands-down. The machines use 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"™ The Fast-Hash-One is available at: http://www.virtualminingcorp.comI don't understand something. I went to the website and i saw this info in your Fast-Hash-One Bitcoin Mining Machine priced at $3999: "Fast-Hash-One (No Hashing Card are Included with the base unit), the base unit uses 200 Watts of power." So does it hashes or not? What's a Fast-Hash-One 256 GH/s Module and why does it have a picture of Avalon board and why is it $5999? You need to select the number of hashing cards you want from the drop down box. From The Shopping Cart: Hashing Cards: Select the number of hashing card(s) from the drop down box. You will need at least one of these to allow the base unit to mine for bitcoins. Each card is 256 GH/s and uses 200 Watts of power.
When you purchase the machine as a unit the hashing cards are cheaper. We are engineering the boards at the present time and do not have pictures available. |
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RoadStress
Legendary
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Activity: 1904
Merit: 1007
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July 16, 2013, 11:24:30 PM |
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I still don't understand. I see that 1xFast-Hash-ONE 256 GH/s Module is already selected. I don't need to select anything. So i pay $3999 for an empty case or for a case+256GH/s module?
So one single module is more expensive than one case+one module? How come?
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kslaughter (OP)
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July 16, 2013, 11:43:10 PM |
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I still don't understand. I see that 1xFast-Hash-ONE 256 GH/s Module is already selected. I don't need to select anything. So i pay $3999 for an empty case or for a case+256GH/s module?
So one single module is more expensive than one case+one module? How come?
Thanks for helping me out. I changed the wording to "Requires you to select at least ONE hashing card" is that more clear? So, buy the $3,999 unit, it is at a special price. The modules will get cheaper over time. |
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RoadStress
Legendary
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Activity: 1904
Merit: 1007
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July 17, 2013, 12:02:50 AM |
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I still don't understand. I see that 1xFast-Hash-ONE 256 GH/s Module is already selected. I don't need to select anything. So i pay $3999 for an empty case or for a case+256GH/s module?
So one single module is more expensive than one case+one module? How come?
Thanks for helping me out. I changed the wording to "Requires you to select at least ONE hashing card" is that more clear? So, buy the $3,999 unit, it is at a special price. The modules will get cheaper over time. Ok i fail at understanding your replies. I give up. |
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E.Sam
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July 17, 2013, 12:15:02 AM |
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I think the question is: If I only buy a Fast-Hash-ONE 256 GH/s Module without the Fast-Hash Expansion Case (for a total of $3.999), can I mine straight way with it?
Well, that would be my question anyway...
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erk
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July 17, 2013, 12:28:50 AM |
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Yawn, another pre-paid, not shipping, unproven, ASIC anouncement.
Do we really need this?
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kslaughter (OP)
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July 17, 2013, 02:45:02 AM |
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I think the question is: If I only buy a Fast-Hash-ONE 256 GH/s Module without the Fast-Hash Expansion Case (for a total of $3.999), can I mine straight way with it?
Well, that would be my question anyway...
Yes, all of our Fast-Hash series of machines are all self contained. You do not need an expansion case, that is only needed if you want to expand past 6 cards. |
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mobile
Sr. Member
Offline
Activity: 400
Merit: 250
the sun is shining, but the ice is still slippery
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July 17, 2013, 02:55:51 AM |
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 Buckle up people... Weak hands, please exit to the left. |
1 MoBi1eNbqh8QMuvtZjYzQGV8NEckJJYcT rep| GnuPG <3 CLAM <3 |
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vlaoou321
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July 17, 2013, 02:59:52 PM |
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I think the question is: If I only buy a Fast-Hash-ONE 256 GH/s Module without the Fast-Hash Expansion Case (for a total of $3.999), can I mine straight way with it?
Well, that would be my question anyway...
Yes, all of our Fast-Hash series of machines are all self contained. You do not need an expansion case, that is only needed if you want to expand past 6 cards. How long can receive the goods after payment? |
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zythen
Newbie
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Activity: 50
Merit: 0
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July 17, 2013, 04:22:45 PM |
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Yawn, another pre-paid, not shipping, unproven, ASIC anouncement.
Do we really need this?
That's what I was wondering. How do we know there isn't some fatal flaw in the ASIC design that will set them back 6-12 months? :S |
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kslaughter (OP)
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July 17, 2013, 04:27:05 PM
Last edit: July 17, 2013, 07:58:31 PM by kslaughter |
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I think the question is: If I only buy a Fast-Hash-ONE 256 GH/s Module without the Fast-Hash Expansion Case (for a total of $3.999), can I mine straight way with it?
Well, that would be my question anyway...
Yes, all of our Fast-Hash series of machines are all self contained. You do not need an expansion case, that is only needed if you want to expand past 6 cards. How long can receive the goods after payment? Fast-Hash-One shipping is October/November 2013 |
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