Quote from: ActiveMining-PR on September 04, 2013, 10:47:10 PM

Link to official Press Release: http://virtualminingcorp.com/pr130904.pdf

Quote

VMC uses eASIC to Achieve 24.756 TH/s Bitcoin Miner

VMC develops custom ASIC using eASIC 28nm Nextreme-3 device to significantly increase performance
while reducing power consumption

Santa Clara, CA and Springfield, MO September 4, 2013 eASIC Corporation, a
leading provider of NEW ASIC devices and Virtual Mining Corporation (VMC) today announced
that VMC will use eASICs 28nm Nextreme-3 devices to create a series of scalable Bitcoin
mining machines capable of generating up to 24.756 TH/s (tera hashes per second) of
cryptographic hashes.

The fast design and turnaround time of Nexteme-3 28nm single via configuration ASIC devices
coupled with the impressive performance and low power makes this an ideal solution for our
Fast-Hash-One Bitcoin Mining Machines, said Kenneth E. Slaughter, CEO of VMC. The
performance we have seen from the 28nm Nextreme-3 family has allowed us to develop a
scalable platform that provides the computing power to satisfy the most demanding Bitcoin
Mining cryptography problem. added Slaughter.

VMC has used its vast cryptographic algorithm experience to take full advantage of the
advanced performance and power reduction features in our Nextreme-3 28nm architecture,
said Jasbinder Bhoot, VP of Marketing at eASIC. This has allowed VMC to architect the
highest performing Bitcoin mining hardware in the industry, while reducing overall power
consumption, added Bhoot.

I've just checked Ken's latest posts, and I don't see a "told ya so" - I think this clearly lacks judgement on his part... lol

But thank you one and all, I increased my holdings by 12,000 shares during the kiddy tantrums, and I've just increase the value of my holdings by a crap tonne. Told ya so!