Re: [VMC] Official Virtual Mining Corporation Discussion

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:

Quote

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
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