[VMC] Official Virtual Mining Corporation Discussion

[RoadStress]

And because klsaugher allows it:

Bash all you want in this thread.  Mine is for discussing the merits of our products.

You do not have any products and will not have them ever.

@ everyone else

AMC / VMC is a scam, do not fall for it!

Inspector Megamouth strikes again!

lol  It's more like "Idiot Shill strikes again!"  Hey, investment genius, did you ever get that 91btc back? 

https://bitcointalk.org/index.php?topic=213968.msg2405445#msg2405445

LOL You believed that? You sir are a certified moron. Relax though I'm about to break out some reality.

Picture this, my 97,000 Shares of AMC purchased at 0.0017 now going for .0026. The NRE is paid for an VMC ASICs are in production.

I'll buy you a new helmet so you stop banging your head on the floor.

No, we all knew you were full of shit.  That's the subtle point that just went flying over your head, nimrod.

Once a bullshitter, always a bullshitter.  The more people that know that, the better.

Keep talking about VMC good or bad!

[kslaughter]

Just a note, that I have had an Interview with Nick of http://thefreebitcoinslist.com/ and VMC will be the first interview on this site when it goes live:

http://thefreebitcoinslist.com/

The interview will also be played on BitCast-Radio.com tonight.

[RoadStress]

Just a note, that I have had an Interview with Nick of http://thefreebitcoinslist.com/ and VMC will be the first interview on this site when it goes live:

http://thefreebitcoinslist.com/

The interview will also be played on BitCast-Radio.com tonight.

So besides that the website that you mentioned TWICE isn't working when will you be done with your lousy marketing and start hitting us with more technical stuff?

[kslaughter]

Just a note, that I have had an Interview with Nick of http://thefreebitcoinslist.com/ and VMC will be the first interview on this site when it goes live:

http://thefreebitcoinslist.com/

The interview will also be played on BitCast-Radio.com tonight.

So besides that the website that you mentioned TWICE isn't working when will you be done with your lousy marketing and start hitting us with more technical stuff?

@RoadStress, I wish you could read, the post says when the site goes live.

[WikileaksDude]

VMC/AMC CEO Ken Slaughter Radio Interview here:

DOWNLOAD: https://mega.co.nz/#!WwRUjA5J!ElhGRyQ0LUUmZeEq5nZS1FVm20Q34ro7WCLNn8Z44hU


Source: https://bitcointalk.org/index.php?topic=297503.msg3257524#msg3257524

[WikileaksDude]

Imo, it was a very nice interview. Well worded/explained.

[handytxg]

I tried to place an order but the approx delivery is 31 December.
"Approximate date of delivery with this carrier is between Tuesday 31 December 2013 and Thursday 2 January 2014 * "
Is this Right??

Thank You

[WikileaksDude]

Hey guys. I was just doing some competitive analysis and thought I'd share some comparisons.

(All data is taken from http://mining.thegenesisblock.com/)

Snapshot of $/GH for Dec/Jan2014 - Top Performers



(note: TerraMiner II is a Jan delivery.)

VMC's competition

CoinTerra

TerraMiner IV (December)

http://mining.thegenesisblock.com/a/78ec45fd02

Break-even (days): 110
Profit $: 825
profit %: 5.85


TerraMiner IV (January)

http://mining.thegenesisblock.com/a/79b1f8f359

Break-even (days): 69
Profit $: 1330
profit %: 21.8

TerraMiner II (January)

http://mining.thegenesisblock.com/a/a752b3b8f8

Break-even (days): 120
Profit $: 115
profit %: 3.19

Bitmine

CoinCraft Desk 200

http://mining.thegenesisblock.com/a/de0662a248

Break-even (days): 57
Profit $: 508
profit %: 31.8

CoinCraft Desk 500

http://mining.thegenesisblock.com/a/5af2c68eee

Break-even (days): 64
Profit $: 1210
profit %: 27.8

CoinCraft Desk 1000

http://mining.thegenesisblock.com/a/6d74e111ad

Break-even (days): 48
Profit $: 3,340
profit %: 46.4

CoinCraft Desk 2000

http://mining.thegenesisblock.com/a/ebef136145

Break-even (days): 50
Profit $: 7,140
profit %: 47.3

Notes:

1. I didn't include KnC because their $/GH, while great for the current month, quickly becomes noncompetitive as we near November/December.

2. I'm sure some of you will be thrilled to note that none of HashFast's December offerings will never ROI at current difficulty projections.

• Baby Jet - http://mining.thegenesisblock.com/a/1169a6cd8b
• Baby Jet (Batch 2) - http://mining.thegenesisblock.com/a/8d5c716803
• Sierra - http://mining.thegenesisblock.com/a/6204cde3a0

VMC's Relevant Offerings

Silver Unit (2 Module)

http://mining.thegenesisblock.com/a/335620007d

Break-even (days): 110
Profit $: 123
profit %: 4.62

Platinum Unit (6 Modules)

http://mining.thegenesisblock.com/a/fc6e02a708

Break-even (days): 71
Profit $: 1990
profit %: 21.8

Platinum Unit (6 Module + 6)

http://mining.thegenesisblock.com/a/3ec3ecce08

Break-even (days): 74
Profit $: 30,000
profit %: 20.1

Notes:

1. The Gold Unit is missing due to never reaching ROI under current difficulty projections.

2. Silver Units with more modules might be competitive. I didn't crunch these numbers.

END ANALYSIS

I'd love to hear your thoughts and opinions regarding this data. What is the general sentiment regarding VMC's position in the mining hardware race? How does the upgradability of the FastHash miner factor into the competition?

@handytxg PM kslaughter directly

[kslaughter]

I tried to place an order but the approx delivery is 31 December.
"Approximate date of delivery with this carrier is between Tuesday 31 December 2013 and Thursday 2 January 2014 * "
Is this Right??

Thank You

This is what our shopping cart is estimating, based on the pre-order queue.  It should be before this date.

[WikileaksDude]

Bumping with the un-oficial activemining reddit sub-forum.

http://www.reddit.com/r/activemining

and

twitter: https://twitter.com/ActiveMining

[WikileaksDude]

VMC Sales:

3rd Quarter 2013           $1,404,217

Source: https://bitcointalk.org/index.php?topic=297503.msg3322013#msg3322013

[Paladin69]

Have you reached tape-out yet?

[WikileaksDude]

Virtual Mining Corp. started taking orders for its equipment in July, with one recent purchase reaching $140,000, Chief Executive Officer Kenneth Slaughter said.
“We are starting to do a lot of big sales,” said Slaughter, who is also mining Bitcoins."


Bloomberg:

      http://www.bloomberg.com/news/2013-10-15/bitcoin-mining-rush-means-real-cash-for-hardware-makers.html     

[gaspark]

Hello

I place my order on 08 June 2013
When Starts the Delivery to Austria?

[bbxx]

I think in next 2 months or more

[WikileaksDude]

I think in next 2 months or more

Shipments start in november.

---------------------------------------------------

Important Notice (October 23th, 2013):

Please be advised that ActiveMining is implementing the following rules and procedures for Investors wanting to keep their shares:

Investors who fail for any reason to provide the information necessary to obtain "Verified" status on Bitfunder are encouraged to transfer their shares on BitFunder to the Bitfunder user AMC-TENDER no later than November 6, 2013 before dividends are paid.  All Investors transferring their shares to this account will continue to accumulated dividends on their shares. 

The October 30th dividends will be suspended and accumulated for payment on November 6, 2013.

Source: https://bitcointalk.org/index.php?topic=297543.msg3398819#msg3398819

---------------------------------------------------

[RoadStress]

I think in next 2 months or more

Shipments start in november.

---------------------------------------------------

Important Notice (October 23th, 2013):

Please be advised that ActiveMining is implementing the following rules and procedures for Investors wanting to keep their shares:

Investors who fail for any reason to provide the information necessary to obtain "Verified" status on Bitfunder are encouraged to transfer their shares on BitFunder to the Bitfunder user AMC-TENDER no later than November 6, 2013 before dividends are paid.  All Investors transferring their shares to this account will continue to accumulated dividends on their shares. 

The October 30th dividends will be suspended and accumulated for payment on November 6, 2013.

Source: https://bitcointalk.org/index.php?topic=297543.msg3398819#msg3398819

---------------------------------------------------

How does it feel to talk alone? Because not many people are replying to your useless spam.

When can we see some PCBs because they must be ready well before the chips arrive.

[WikileaksDude]

London, UK – October 30, 2013 – Active Mining Corporation (AMC) today announced that they have added over 1TH+ to their hashing rate.  This additional hashing rate has been add from the 68 Klondikes and 1088 Avalon chips that were ordered last May 3rd plus the addition of other hashing resources.  This bring ActiveMining hashing resource to a total of ~1.4 TH/s.  Over the next few week ActiveMining expects to add up to and additional 3 TH/s to their mining operation.

Source: https://bitcointalk.org/index.php?topic=297543.msg3445996#msg3445996

[RoadStress]

London, UK – October 30, 2013 – Active Mining Corporation (AMC) today announced that they have added over 1TH+ to their hashing rate.  This additional hashing rate has been add from the 68 Klondikes and 1088 Avalon chips that were ordered last May 3rd plus the addition of other hashing resources.  This bring ActiveMining hashing resource to a total of ~1.4 TH/s.  Over the next few week ActiveMining expects to add up to and additional 3 TH/s to their mining operation.

Source: https://bitcointalk.org/index.php?topic=297543.msg3445996#msg3445996

So a company that initially started their business plan to mine with their own chips are actually shipping with 3rd party chips. WAY TO GO!!! They are mining with the most inefficient chips out there (avalon) and they the first ones to mine on the loss once the difficulty rises. So funny!

[iikun]

London, UK – October 30, 2013 – Active Mining Corporation (AMC) today announced that they have added over 1TH+ to their hashing rate.  This additional hashing rate has been add from the 68 Klondikes and 1088 Avalon chips that were ordered last May 3rd plus the addition of other hashing resources.  This bring ActiveMining hashing resource to a total of ~1.4 TH/s.  Over the next few week ActiveMining expects to add up to and additional 3 TH/s to their mining operation.

Source: https://bitcointalk.org/index.php?topic=297543.msg3445996#msg3445996

So a company that initially started their business plan to mine with their own chips are actually shipping with 3rd party chips. WAY TO GO!!! They are mining with the most inefficient chips out there (avalon) and they the first ones to mine on the loss once the difficulty rises. So funny!

1. Sell shares
2. Mine with non-ROI'ing equipment
3. ?? ??
4. Profit!!