[VMC] Official Virtual Mining Corporation Discussion

[SOSLOVE868]

I heard that VMC had tested its chips? however, can you please upload some picture of the psychical chip and the screenshot of your test result and the snapshot of the laboratory which you used to testing and developing your chip.

Thank You ,if you can provides these pictures~~~

We have had our RTL code tested for feasibility to run on eASIC's chip.  The RTL code was found to be feasible and from the results we have an estimate of the speed of 16 GH/s and power of less than 12 watts per chip.

So, if this code was simulated in computer, can you please upload a screenshot?

I do not have a screenshot at this time.

Can you possibly get those screenshots uploaded within short time? otherwise, how can you make us believe that your result is real?

Sure, as soon as I get something I can post.  Some of what we are doing is still under an NDA, so that limits what I can say or post.  In the next few weeks we will
be moving forward with this project as we now have the funds to pay the NRE to eAsic.

Sure ,it will be great to see anything news from you. I remember that you are building chips based on 28NM standard, Did you found anyone to producing them? 

Yes, we will have 28nm chips in a 12 week time frame after we approve our RTL code.

You mean you will producing them by yourself's facility?

[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"™

Plese don't lie to your customers...

Maybe you should ask KnC not to lie to their customers:

Is it 4 chips or is it 48 chips that makes their 400 GH/s?

From their web site:

48 Chips (which are being designed exclusively for KnCMiner by ORSoC).

[SOSLOVE868]

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"™

Plese don't lie to your customers...

Maybe you should ask KnC not to lie to their customers:

From their web site:

This device is being designed in parallel by the OrSoC engineers. It will offer industry leading performance and power consumption per GH. The final specifications for this device are being ironed out now but we can confirm the following:
Minimum 250GH/s per device
7000-8000 USD predicted price
48 Chips (which are being designed exclusively for KnCMiner by ORSoC).
An additional gain of 30% more hashing when the advanced algorithms provided by ORSoC are applied.
Water cooled setup.
Modular Design allowing for expansion at a later date.
Embedded Linux device to allow for standalone mining.
Shipment begins in early autumn.

TSMC says its supply of 28nm chips continues to be low
http://www.phonearena.com/news/TSMC-says-its-supply-of-28nm-chips-continues-to-be-low_id40077

Highly doubt you can producing them in large quantity..... or just impossible , go to look the news .
You can't producing them...no matter how superior is your RTL code, production capability is the key reason determining you can't do it.

[dan99]

interestingly another 28nm chip. hope you price them reasonably well

[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"™

Plese don't lie to your customers...

Maybe you should ask KnC not to lie to their customers:

From their web site:

This device is being designed in parallel by the OrSoC engineers. It will offer industry leading performance and power consumption per GH. The final specifications for this device are being ironed out now but we can confirm the following:
Minimum 250GH/s per device
7000-8000 USD predicted price
48 Chips (which are being designed exclusively for KnCMiner by ORSoC).
An additional gain of 30% more hashing when the advanced algorithms provided by ORSoC are applied.
Water cooled setup.
Modular Design allowing for expansion at a later date.
Embedded Linux device to allow for standalone mining.
Shipment begins in early autumn.

TSMC says its supply of 28nm chips continues to be low
http://www.phonearena.com/news/TSMC-says-its-supply-of-28nm-chips-continues-to-be-low_id40077

Highly doubt you can producing them in large quantity..... or just impossible , go to look the news .
You can't producing them...no matter how superior is your RTL code, production capability is the key reason determining you can't do it.

What makes you think we will be using TSMC?

[SOSLOVE868]

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"™

Plese don't lie to your customers...

Maybe you should ask KnC not to lie to their customers:

From their web site:

This device is being designed in parallel by the OrSoC engineers. It will offer industry leading performance and power consumption per GH. The final specifications for this device are being ironed out now but we can confirm the following:
Minimum 250GH/s per device
7000-8000 USD predicted price
48 Chips (which are being designed exclusively for KnCMiner by ORSoC).
An additional gain of 30% more hashing when the advanced algorithms provided by ORSoC are applied.
Water cooled setup.
Modular Design allowing for expansion at a later date.
Embedded Linux device to allow for standalone mining.
Shipment begins in early autumn.

TSMC says its supply of 28nm chips continues to be low
http://www.phonearena.com/news/TSMC-says-its-supply-of-28nm-chips-continues-to-be-low_id40077

Highly doubt you can producing them in large quantity..... or just impossible , go to look the news .
You can't producing them...no matter how superior is your RTL code, production capability is the key reason determining you can't do it.

What makes you think we will be using TSMC?

This just a typical information , that 28NM standards production line all over the world is exceeding its supply;(Demand is huge)...from any aspect , you think you can convince them to rejecting large companies' offers, instead to producing your small quantity of order?

[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"™

Plese don't lie to your customers...

Maybe you should ask KnC not to lie to their customers:

From their web site:

This device is being designed in parallel by the OrSoC engineers. It will offer industry leading performance and power consumption per GH. The final specifications for this device are being ironed out now but we can confirm the following:
Minimum 250GH/s per device
7000-8000 USD predicted price
48 Chips (which are being designed exclusively for KnCMiner by ORSoC).
An additional gain of 30% more hashing when the advanced algorithms provided by ORSoC are applied.
Water cooled setup.
Modular Design allowing for expansion at a later date.
Embedded Linux device to allow for standalone mining.
Shipment begins in early autumn.

TSMC says its supply of 28nm chips continues to be low
http://www.phonearena.com/news/TSMC-says-its-supply-of-28nm-chips-continues-to-be-low_id40077

Highly doubt you can producing them in large quantity..... or just impossible , go to look the news .
You can't producing them...no matter how superior is your RTL code, production capability is the key reason determining you can't do it.

What makes you think we will be using TSMC?

This just a typical information , that 28NM standards production line all over the world is exceeding its supply;(Demand is huge)...from any aspect , you think you can convince them to rejecting large companies' offers, instead to producing your small quantity of order?

Check out this article about the company that is making our chip eAsic which mentions major OEM customers i.e Seagate.

[SOSLOVE868]

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"™

Plese don't lie to your customers...

Maybe you should ask KnC not to lie to their customers:

From their web site:

This device is being designed in parallel by the OrSoC engineers. It will offer industry leading performance and power consumption per GH. The final specifications for this device are being ironed out now but we can confirm the following:
Minimum 250GH/s per device
7000-8000 USD predicted price
48 Chips (which are being designed exclusively for KnCMiner by ORSoC).
An additional gain of 30% more hashing when the advanced algorithms provided by ORSoC are applied.
Water cooled setup.
Modular Design allowing for expansion at a later date.
Embedded Linux device to allow for standalone mining.
Shipment begins in early autumn.

TSMC says its supply of 28nm chips continues to be low
http://www.phonearena.com/news/TSMC-says-its-supply-of-28nm-chips-continues-to-be-low_id40077

Highly doubt you can producing them in large quantity..... or just impossible , go to look the news .
You can't producing them...no matter how superior is your RTL code, production capability is the key reason determining you can't do it.

What makes you think we will be using TSMC?

This just a typical information , that 28NM standards production line all over the world is exceeding its supply;(Demand is huge)...from any aspect , you think you can convince them to rejecting large companies' offers, instead to producing your small quantity of order?

Check out this article about the company that is making our chip eAsic which mentions major OEM customers i.e Seagate.

Nothing indicated eAsic has the infrastructure to producing 28nm standard chips,and if you look at its own product eAsic is using 45nm for its ASIC simulator. I think this company is a simulator producer,not a 28nm manufacture. Can you provides more useful information,thanks
,

[Syke]

Maybe you should ask KnC not to lie to their customers:

Is it 4 chips or is it 48 chips that makes their 400 GH/s?

Old News
https://www.kncminer.com/news/news-10

48 Chips (which are being designed exclusively for KnCMiner by ORSoC).

New News
https://www.kncminer.com/news/news-22

This means that we can achieve a minimum of 100GH/s per chip. Which we think most people will agree, puts us far ahead of our current competitors.

Specs changing over time isn't a "lie". Maybe you should apologize for falsely claiming to have the world's fastest bitcoin chip.

[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"™

Plese don't lie to your customers...

Maybe you should ask KnC not to lie to their customers:

From their web site:

This device is being designed in parallel by the OrSoC engineers. It will offer industry leading performance and power consumption per GH. The final specifications for this device are being ironed out now but we can confirm the following:
Minimum 250GH/s per device
7000-8000 USD predicted price
48 Chips (which are being designed exclusively for KnCMiner by ORSoC).
An additional gain of 30% more hashing when the advanced algorithms provided by ORSoC are applied.
Water cooled setup.
Modular Design allowing for expansion at a later date.
Embedded Linux device to allow for standalone mining.
Shipment begins in early autumn.

TSMC says its supply of 28nm chips continues to be low
http://www.phonearena.com/news/TSMC-says-its-supply-of-28nm-chips-continues-to-be-low_id40077

Highly doubt you can producing them in large quantity..... or just impossible , go to look the news .
You can't producing them...no matter how superior is your RTL code, production capability is the key reason determining you can't do it.

What makes you think we will be using TSMC?

This just a typical information , that 28NM standards production line all over the world is exceeding its supply;(Demand is huge)...from any aspect , you think you can convince them to rejecting large companies' offers, instead to producing your small quantity of order?

Check out this article about the company that is making our chip eAsic which mentions major OEM customers i.e Seagate.

Nothing indicated eAsic has the infrastructure to producing 28nm standard chips,and if you look at its own product eAsic is using 40nm for its ASIC simulator. I think this company is a simulator producer,not a 28nm manufacture. Can you provides more useful information,thanks
,

What they are is a Fab less Semiconductor company that has produced chips for Seagate

[kslaughter]

Maybe you should ask KnC not to lie to their customers:

Is it 4 chips or is it 48 chips that makes their 400 GH/s?

Old News
https://www.kncminer.com/news/news-10

48 Chips (which are being designed exclusively for KnCMiner by ORSoC).

New News
https://www.kncminer.com/news/news-22

This means that we can achieve a minimum of 100GH/s per chip. Which we think most people will agree, puts us far ahead of our current competitors.

Specs changing over time isn't a "lie". Maybe you should apologize for falsely claiming to have the world's fastest bitcoin chip.

Maybe we should wait to see who gets to market first, they don't have it and we don't have it.  I am not so sure, that they will get that huge chip to market in the time frame they have announced.

[Syke]

Maybe we should wait to see who gets to market first, they don't have it and we don't have it.

Maybe you should have thought of that before incorrectly announcing the "World's Fastest Bitcoin Mining Chip".

[kslaughter]

Maybe we should wait to see who gets to market first, they don't have it and we don't have it.

Maybe you should have thought of that before incorrectly announcing the "World's Fastest Bitcoin Mining Chip".

I don't know that it was incorrect, I checked their specifications in their thread.  The specifications in their thread
showed that their chip ran at a maximum of 10 GH/s.  They have not announced their chip in any kinda of Press
Release nor have they announced on the front of their website.  All they have done is put a little note in the back
of their news releases.  Why have they not put it on their front page?

[Syke]

I don't know that it was incorrect, I checked their specifications in their thread.  The specifications in their thread
showed that their chip ran at a maximum of 10 GH/s.  They have not announced their chip in any kinda of Press
Release nor have they announced on the front of their website.  All they have done is put a little note in the back
of their news releases.  Why have they not put it on their front page?

It was clearly posted in their news blog.

https://www.kncminer.com/news/news-22

This means that we can achieve a minimum of 100GH/s per chip. Which we think most people will agree, puts us far ahead of our current competitors.

[kslaughter]

Maybe we should wait to see who gets to market first, they don't have it and we don't have it.

Maybe you should have thought of that before incorrectly announcing the "World's Fastest Bitcoin Mining Chip".

I don't know that it was incorrect, I checked their specifications in their thread.  The specifications in their thread
showed that their chip ran at a maximum of 10 GH/s.  They have not announced their chip in any kinda of Press
Release nor have they announced on the front of their website.  All they have done is put a little note in the back
of their news releases.  Why have they not put it on their front page?

I have quite a bit of shares in ActM, but I also have 11 Jupiters ordered as well.

The chips are 100GH minimum.

Merc is 1 chip
Saturn is 2 Chips
Jupiter is 4 Chips

The chips are rather large (55mm x 55mm Package) the last time I checked. They released specs on their website recently.

Each one of their "news" articles is basically a "press release" and it is stated pretty clearly....

Yes, I had to dig for the information.  We will see how it turn out.

Now, they can't beat this can they?  "World's Fastest Bitcoin Mining Machine" 24.576 TH/s.

[kslaughter]

Maybe we should wait to see who gets to market first, they don't have it and we don't have it.

Maybe you should have thought of that before incorrectly announcing the "World's Fastest Bitcoin Mining Chip".

I don't know that it was incorrect, I checked their specifications in their thread.  The specifications in their thread
showed that their chip ran at a maximum of 10 GH/s.  They have not announced their chip in any kinda of Press
Release nor have they announced on the front of their website.  All they have done is put a little note in the back
of their news releases.  Why have they not put it on their front page?

I have quite a bit of shares in ActM, but I also have 11 Jupiters ordered as well.

The chips are 100GH minimum.

Merc is 1 chip
Saturn is 2 Chips
Jupiter is 4 Chips

The chips are rather large (55mm x 55mm Package) the last time I checked. They released specs on their website recently.

Each one of their "news" articles is basically a "press release" and it is stated pretty clearly....

Yes, I had to dig for the information.  We will see how it turn out.

Now, they can't beat this can they?  "World's Fastest Bitcoin Mining Machine" 24.576 TH/s.

Not unless they make a machine with 246 Chips.

Yes, and tbh I wonder how they are going to cool that big chip.  I can see why they are going to need liquid cooling.
I am up for a good race.

[Mota]

Maybe we should wait to see who gets to market first, they don't have it and we don't have it.

Maybe you should have thought of that before incorrectly announcing the "World's Fastest Bitcoin Mining Chip".

I don't know that it was incorrect, I checked their specifications in their thread.  The specifications in their thread
showed that their chip ran at a maximum of 10 GH/s.  They have not announced their chip in any kinda of Press
Release nor have they announced on the front of their website.  All they have done is put a little note in the back
of their news releases.  Why have they not put it on their front page?

I have quite a bit of shares in ActM, but I also have 11 Jupiters ordered as well.

The chips are 100GH minimum.

Merc is 1 chip
Saturn is 2 Chips
Jupiter is 4 Chips

The chips are rather large (55mm x 55mm Package) the last time I checked. They released specs on their website recently.

Each one of their "news" articles is basically a "press release" and it is stated pretty clearly....

Yes, I had to dig for the information.  We will see how it turn out.

Now, they can't beat this can they?  "World's Fastest Bitcoin Mining Machine" 24.576 TH/s.

Not unless they make a machine with 246 Chips.

Yes, and tbh I wonder how they are going to cool that big chip.  I can see why they are going to need liquid cooling.
I am up for a good race.

It is generally considered a bad idea to badmouth competition, especially if you don't have a working product. AND claiming to have the fastest mining machine? 24,756 TH/s for over 500.000$? After looking at the specs for your product, the space occupied by that monster and the heat it would produce you would need a complete serverroom with approx. 30 kw  in cooling....  Wow. Everyone who can afford that can easily produce his own asics with a little more investment.


ALSO: Self moderated topic? Meh, smells like scam.

[kslaughter]

Maybe we should wait to see who gets to market first, they don't have it and we don't have it.

Maybe you should have thought of that before incorrectly announcing the "World's Fastest Bitcoin Mining Chip".

I don't know that it was incorrect, I checked their specifications in their thread.  The specifications in their thread
showed that their chip ran at a maximum of 10 GH/s.  They have not announced their chip in any kinda of Press
Release nor have they announced on the front of their website.  All they have done is put a little note in the back
of their news releases.  Why have they not put it on their front page?

I have quite a bit of shares in ActM, but I also have 11 Jupiters ordered as well.

The chips are 100GH minimum.

Merc is 1 chip
Saturn is 2 Chips
Jupiter is 4 Chips

The chips are rather large (55mm x 55mm Package) the last time I checked. They released specs on their website recently.

Each one of their "news" articles is basically a "press release" and it is stated pretty clearly....

Yes, I had to dig for the information.  We will see how it turn out.

Now, they can't beat this can they?  "World's Fastest Bitcoin Mining Machine" 24.576 TH/s.

Not unless they make a machine with 246 Chips.

Yes, and tbh I wonder how they are going to cool that big chip.  I can see why they are going to need liquid cooling.
I am up for a good race.

It is generally considered a bad idea to badmouth competition, especially if you don't have a working product. AND claiming to have the fastest mining machine? 24,756 TH/s for over 500.000$? After looking at the specs for your product, the space occupied by that monster and the heat it would produce you would need a complete serverroom with approx. 30 kw  in cooling....  Wow. Everyone who can afford that can easily produce his own asics with a little more investment.


ALSO: Self moderated topic? Meh, smells like scam.

I don't think I was bad mouthing the competition.  Yes, It does required a lot of power and cooling.

[Vbs]

It's gonna be very interesting to see how KnC will pull 100GH/s chips at ~250W each.

First, without using liquid cooling you need a heatskink+fan the size of a graphics card, for each chip, to have the necessary surface area for that much dissipation.

Second, I think it's a very very bad move to have big 100GH/s chips like that. What if one breaks??? You lose 100GH presto, especially on systems running 24/7!

Third, I'm still puzzled why are they only getting 0.4GH/s/W on 28nm? Even bitfury gets much better than that on 45nm and the Fast-Hash-One is more than 1GH/s/W too.

[Syke]

It is generally considered a bad idea to badmouth competition, especially if you don't have a working product.

I don't think I was bad mouthing the competition.

This sure looks like bad mouthing to me:

Maybe you should ask KnC not to lie to their customers: