VMC

Virtual Mining Corp was a company run by an individual who made claims to several ASIC hardware developments and sought investment by common members of the public.

Virtual Mining Corporation
Websitevirtualminingcorp.com
    

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Many of their claims were refuted. By the 6th of February 2015, the State of Missouri had found "Multiple Violations of Offering and Selling Unregistered, Non-Exempt Securities" in relation to the investments sought for VMC, AMC (Active Mining Corporation), and ActM (Virtual ActiveMining).

Chronology
date/linksummary
2013/03/26 110nm mention/specs, 45nm mention/specs: 6-9Gh, 28nm mention/specs: 9-15Gh
2013/03/26 45nm mention
2013/04/09 mention of purchasing Avalon chips
2013/05/03 statement that they are indeed purchasing Avalon chips for their 110nm machines
2013/05/20 45nm Dec 2013, 28nm Jun 2014
2013/06/08 45nm freq 300MHz, 28nm freq 450Mhz+
2013/06/27 eASIC mention, Global Foundries mention, 28nm specs: 16Gh:11.136W@800Mhz, 20Gh@1000Mhz, 27x27mm die, FCBGA672
2013/07/04 28nm topology: easicopy
2013/07/05 28nm specs (core voltage): 16Gh@1.15V:800Mhz
2013/07/10 45nm skip mention
2013/07/23 possible new logo, never used
2013/07/23 28nm: oct/nov 2013 date
2013/09/04 eASIC codev confirmation
2013/12 "People's ASIC" approached
2014/01/21 55nm, UMC, codev: "People's ASIC", tape-out+IP acquisition, topology: full custom
2014/01/22 package: 11x11mm, 1.9Gh/s, 2.5W
2014/01/30 55nm Q2 2014, 28nm Q3 2014
2014/02/13 first 55nm wafers expected April 10th
2014/02/13 first 55nm chips expected to ship April 17th
2014/02/20 mention of 'a new vendor' for 28nm
2014/02/20 mention of eASIC NRE recovery (i.e. eASIC no longer being used)
2014/03/02 interview in which 55nm cancellation is purportedly mentioned
2014/03/02 55nm acknowledged as canceled, also mentions 'a 28nm chip', rather than 'the 28nm chip'
2014/03/07 28nm date is now 'a moving target'
2014/03/31 pictures of mine being set up, boards are HashFast.
2014/03/31 "It is a chip that we purchased in bulk and we are reselling in on our manufactured boards as our Fast-Hash One chip." - i.e. not their own chip design.
2014/03/31 "still working on developing our own 28nm chip"
2014/05/14 "We are working on getting our own chip, this is high priority."
2014/06/24 last post by kslaughter
2014/06/29 last activity by kslaughter
2015/02/06 State of Missouri court declaration in re VMC/AMC, finding "Multiple Violations of Offering and Selling Unregistered, Non-Exempt Securities".
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