HashFast announces specs for new ASIC: 400GH/s

[Bicknellski]

big talk from someone who doesnt even have a chip in hand.

Seems like sufficient credentials to talk BIG.

Code:

Amy has previously worked for Google, Pivotal Labs, and several Bay Area startups, 
as well as Nortel and the National Research Council of Canada. 
She holds a Bachelor’s degree in Computer Engineering from McMaster University, Canada

[1713594274]

1713594274

[klee]

big talk from someone who doesnt even have a chip in hand.

Seems like sufficient credentials to talk BIG.

Code:

Amy has previously worked for Google, Pivotal Labs, and several Bay Area startups, 
as well as Nortel and the National Research Council of Canada. 
She holds a Bachelor’s degree in Computer Engineering from McMaster University, Canada

Ah you probably are not aware of the achievements of the 1984 generation! Just ask him and you will be impressed..

[Bicknellski]

big talk from someone who doesnt even have a chip in hand.

Seems like sufficient credentials to talk BIG.

Code:

Amy has previously worked for Google, Pivotal Labs, and several Bay Area startups, 
as well as Nortel and the National Research Council of Canada. 
She holds a Bachelor’s degree in Computer Engineering from McMaster University, Canada

Ah you probably are not aware of the achievements of the 1984 generation! Just ask him and you will be impressed..

She has a degree, she has worked in the industry, she seems legit to me. Let us see when the chips hit the ground and then we can start talking smack. Seems to be a lot of drift from BFL / Avalon disappointment to threads like these. Need to give the companies enough slack to hang themselves I thought?

Willing to give this company a chance as well as others. Let there be chips.

[klee]

big talk from someone who doesnt even have a chip in hand.

Seems like sufficient credentials to talk BIG.

Code:

Amy has previously worked for Google, Pivotal Labs, and several Bay Area startups, 
as well as Nortel and the National Research Council of Canada. 
She holds a Bachelor’s degree in Computer Engineering from McMaster University, Canada

Ah you probably are not aware of the achievements of the 1984 generation! Just ask him and you will be impressed..

She has a degree, she has worked in the industry, she seems legit to me. Let us see when the chips hit the ground and then we can start talking smack. Seems to be a lot of drift from BFL / Avalon disappointment to threads like these. Need to give the companies enough slack to hang themselves I thought?

Willing to give this company a chance as well as others. Let there be chips.

I was just being ironic on keenan84, which is a good guy btw and misunderstood him previously and went a bit harsh on him!

I am sure Amy is overqualified to do the job!

[ASIC-K]

I agree I was a bit harsh. Sorry about that! I just got all up in arms when there was a comparison done to chips that both don't exist. Sorry again!

[klee]

All good man, these damn ASIC preorders and failures has driven us all nuts!

[ASIC-K]

I completely agree. it was fun to start, now this whole pre-order thing is exhausting.

[joshv06]

Can we get some updates? I don't want another domino effect like BFL. I'm still waiting on 2 Single pre-orders form them (July 15 2012)..

[HashFast]

Hi Everyone,

We have unveiled details of our Miner Protection Program here:  hashfast.com/miner-protection-program/

-John

[erk]

Hi Everyone,

We have unveiled details of our Miner Protection Program here:  hashfast.com/miner-protection-program/

-John

Nice idea.

[cypherdoc]

Hi Everyone,

We have unveiled details of our Miner Protection Program here:  hashfast.com/miner-protection-program/

-John

Nice idea.

It's way more than nice.

And it happens to be unbeatable.

[plasmoske]

Except you have to flop out even more money for boards/shipping/assembly/labor and what not to mount these chips onto.

And the downside is that if you're losing money, now you'll have to flop out even more money to potentially earn back what you lost.

[regular]

Also, all this "Miner Protection Program" is useless since the terms state it is non-binding and we as the buyer have no recourse to any consumer protection since they only take BTC.

[plasmoske]

So let me get this straight. If I buy 2 BJ machines for 11k

And it starts mining but I only earn back about 10k worth of BTC by the timeframe. Then hashfast will send me chips to enable me to get ROI. Well not exactly "ROI". Just break even only. So then I'll have to flop out a further 1-3k for boards/shipping/assembly to potential earn back the missing [11k-10k] 1k worth of BTC? So overall I would still be at loss given that scenario.

 

Oh does it take into account shipping costs as well? Because that's like 700usd or something? 

[plasmoske]

And as well as electricity costs/running costs?

You know a better thing to do would be to offer refunds at anytime prior to delivery.

[HashFast]

So let me get this straight. If I buy 2 BJ machines for 11k

And it starts mining but I only earn back about 10k worth of BTC by the timeframe. Then hashfast will send me chips to enable me to get ROI. Well not exactly "ROI". Just break even only. So then I'll have to flop out a further 1-3k for boards/shipping/assembly to potential earn back the missing [11k-10k] 1k worth of BTC? So overall I would still be at loss given that scenario.

 

Oh does it take into account shipping costs as well? Because that's like 700usd or something?  

We are trying to leverage our superior silicon design to benefit our customers, as much as possible.

In your example, we would give you enough ASICs to double the amount of additional hashing capacity that you would have needed - not just enough to break even.

[ImI]

I like that!

And to all those constant haters: It just an option! If you dont like it nobody forces you to take it!

[erschiessen]

Where's tapeout?
 

[ImI]

Where's tapeout?
 

In deinem Kopf.

[plasmoske]

Yes how did the mock tape out go? You said few days ago you would give us an update within minutes.

I'm guessing the mock tape out did not go very well?