Bitcoin Forum

**UPDATE**  HashFast Sale is happening now, details are explained here. (http://decentralizedhashing.com/hashfast-group-buy-3-day-sale-23-sierra/)

Update on HashFast Sept 21, 2013
http://decentralizedhashing.com/2013/09/hashfast-tapeout-sierra-mpp-new-next-gen-chip/

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The prices on the HashFast machine are available, and the tables I made show probable values  
http://decentralizedhashing.com/bitcoin-mining-equipment-table/hashfast/
Relative values:
http://decentralizedhashing.com/bitcoin-mining-equipment-table/
Why HashFast?
https://hashfast.com/miner-protection-program/

HashFast and FastHash are 2 different ASIC companies/products.

Ok, I had seen a couple people state that they had confirmed Uniquify's relationship with HashFast.  Now that I've received my own, though, I feel much better.

Yes, I can confirm that we are implementing the Hashfast chip.

Regards,

Bob Smith
Senior VP Marketing & Bus. Dev.
Uniquify, Inc.
2030 Fortune Drive - Suite 200
San Jose, CA 95131


Here is what I know about them so far:
http://decentralizedhashing.com/2013/08/another-leap-in-the-asic-race-hashfast-400gh-gn-chip/

edit- Yeah thanks Bit, and in my title of all places!

1btc =  > 6 ghash, im in  ;D

It seems that way.  :)

Just to be clear, these are estimates.  I got a reply from a personal message that said they will release pricing soon.

There are a lot of nuances here too, I talk a lot about 400GH for instance.  The chip is being designed for 400GH at max potential.  All of that will depend on cooling, though.

That being said, quite exciting stuff!  I think most people were expecting the time frame on the next big drop in price/GH to be a little farther out.  I was still getting used to KnCMiner and BitFury's numbers.

Tentative 10 BTC for a group buy. Assuming we do get those answers and that the group jumps in early of course.  :)

Thanks for the effort!

Keeping an eye on this. Btw, you still have several references to FastHash in the OP.

I'm in for shares in a rig

5-10 btc

Hard to believe a company and mining machine come out with such close names one after the other.  Thanks for catching that.

1BTC

I'd be interested depending on price.

Indeed!  It is amazingly early to jump into this, as prices have not been announced.  If anyone wants to just post an "Interested."  Or something similar to lajz99 that will be helpful too.

Interested in the hosting option...anywhere from 3-10 BTC depending on pricing and timing.

Can you imagine what's going to happen to the difficulty if this company really does start rolling out 400 GH/s chips, consuming 10% of the power per GH, at a relatively affordable price, in October? Move over, Knc.

Still a big if, though.

Interested, in the hardware.

Interested..

Interested and signed up to your news letter ... will be watching close.

Blorgg

Interested and waiting for more information.

Interested, depending on price too.

Interested.

Interested and watching

After researching the market more, it looks like there are some great options coming.  Apparently HashFast making their announcement spurred others to let us know what they are planning.  This is great news for bitcoin, in that we will see multiple companies releasing cutting edge products.  This should allow a greater decentralization to permeate the network than one company might be able to achieve.  

It is also great news for the mining community to hear that there are multiple companies vying for our attention.  This will keep prices reasonable, and allow for diversification in case a chip design is flawed, or there are delays.  (I know, NOBODY expects delays these days)  ::)

As the new designs should push each other to price their equipment competitively, and the credentials line up, I would like to add more options.  For now this just means Cointerra, which is a manufacturer newly unveiled.  If the rumor about Avalon's 20nm chip is true, that would seem an excellent option to investigate.

For hosted mining I will buy from the relevant top producers based on their ROI.  (cost-gain)/cost  Spreading the investment as much as possible based on the relative profit margins will minimize any loss due to unexpected problems.

I can't for the relevant information to start rolling in so we can begin to prepare for the next couple months!

Depends on final figures (gh/s per BTC, ect.) but I may be interested in 5-20BTC

I thought it may be Cointerra?

I just wanted to be consistent in my name flipping, but if you insist on having the right name that is fine too.  :)

any plan to do an IPO on this, just like addiction/soniq with the groupbuy?  :)

I'll be keen to invest. up to 10btc depending on $/GHs

This is very very interesting.

If this big IF is correct, then we will be seeing ExaHashs in no time at all.

I'm keeping an eye on this with an open eye to the amount of BTC.

> 5BTC

Interested in the hosting option...anywhere from 3-10 BTC depending on pricing and timing, too.

Yes, I am going to contact BTCTC and maybe a couple other exchanges soon.  I have no idea how to write a prospectus, but I think people understand the situation here.

I contacted them a few months ago to see what preparations needed to be done, and I think we will have to be a little more organized before they will accept an application.  Thanks for letting me know you're interested.  I'll send an email to them today to see what I need to do to fulfill their requirements.

I would be interested in buying some chips, looking to spend 3-5 BTC

The chips are expected to be around $5000 each

Price for chips only had to be lower ($4000), because i exspect they offer a hole single chip mining machine for around 5000 $US.
Why ? At moment KnCMiner are on top with it 6990$US Jupiter. A lot of people are full invested in this stuff solo or GB.
KnCMiners has a bonus of first mover in next generation ACIS chips and HashFast needs fast a great lot of (prepaid) orders to get its ROI.
Imho

I am interested >3 BTC depending on figures

Interested.

Could be interested with hosting. <10 BTC  :(

At this point I haven't heard them say anything about preorders, except to claim they won't use that process.  Many companies have reversed on that before, though.

Yes the chips may be more expensive than others, but I think some of the idea that they will cost so much comes from basing their costs on KnCMiner.  I have heard the process could be cheaper, as 28nm infrastructure has been overbuilt recently.  Supposedly KnC started a bit before and didn't have as many fabrication options.

Count me in for 10BTC

I'm interested and watching. Depending on pricing I may be in for 20-40 BTC.

Intrested depending on figures upto 50BTC

All this talk about Hash has made my tummy growl!
+1

Updated original post.
Ready to start placing orders.  To be as profitable as possible we should place our orders as early as possible.

Sorry to the chip buy group!  I wanted as many options as possible, but we got shut down there.  Maybe one of the other companies will come through.

So the plan by far is group buy and hosted mining right? What about shares?
I would like to see some Bitfury in the mix too.
What about Labcoin, BTCGarden, Avalon next gen?
I am in for up to 10BTC for the moment but very interested in this long term!
I can find free electricity AND/OR very low power cost (Dubai)..

Yes, every manufacture is being considered.  I wanted to start with KnCMiner at the moment, as they have the free machine per 10 orders.  BitFury looks promising, and would be a great place to diversify into.

There will be more information available soon.  I've been working with someone to clarify all the details, and he's organizing the plan more this weekend.

Confusing. I was trying to figure this out. Can you cite any other sources to confirm this? This is all I've found on the forums so far.
Would be surprising that two companies allow/accept such similar sounding names.

How/where will you be hosting? I offer my services! :P

I can confirm bobsag3 is moving shortly into an excellent, world class hosting facility of his own shortly and that he's a top vetted miner host in my Miner Host Matchmaking Index.

With his introductory rates: He also has the world's best hosting miner pricing at the moment, bar none.

HashFast is manufacturing the Golden Nonce chip that is currently being used in the Baby Jet.  https://hashfast.com/

Fast-Hash One is the name of a Virtual Mining Corporation (VMC) product line.  http://virtualminingcorp.com/shop1/index.php?id_product=21&controller=product

Unfortunately I'm not sure who planned on using that name first, but looking at these threads:

https://bitcointalk.org/index.php?topic=288915.0

https://bitcointalk.org/index.php?topic=262052.0

You get the picture that one became public a couple months before the other.

fctaichi@decentralizedhashing.com.  Please let me know what you have been doing, and have planned.


I think we've come to the point where there is a clear place to put our bitcoin.  After I work out some details I'll start this thread up again and get things rolling.  
I'm sure many of you that expressed interest earlier have already moved on.  With the problems that every company seemed to be having it seemed like a good idea to hold off until there was a clear answer.  After several interviews with members of the HashFast team I'm convinced that there is no impediment to making a good return with them, and that they will be offering the most competitive products.

QFT

More on HashFast:
http://decentralizedhashing.com/2013/09/hashfast-tapeout-sierra-mpp-new-next-gen-chip/

Ok, lets jump on this new sale as quickly as possible.  Comparison table added here:

http://decentralizedhashing.com/hashfast-group-buy-3-day-sale-23-sierra/

Does this sale change the terms of the group buy?

Do I get more GH for my BTC if I join now?

The Sierra is 23% cheaper during the sale.  26.73 GH/XBT up from 16.88