1 TH Bitcoin Miner - Imperial Monarch
Shipping Schedule
This is a Pre-Order product which is not yet shipping. If you're uncomfortable waiting until the development is complete and the product is shipped, do NOT pre-order this product. Perhaps undesirable, but this is a pre-order market. Customers flatly demand to get in line for the new technology before it's finished development. This has created a lot of drama for the manufacturers but it's something we simply have to deal with. All manufacturers in this space have experienced some degree of delay with their first generation ASIC. Every last one of them, so we're reluctant to give a specific delivery date. However, this is our second generation, so we have much greater clarity on the process and plan to begin shipments in March 2014. Orders are shipped in order date priority so any order placed now should be expected to be delivered in June. BFL always cracks me up. I also like the fact that they still show the GPU board with a single little fan on the product page. This circus never ends! |
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fast-hash... really? Is that the best they could come up with? I also love how that board is a rev 2.1, rev 2.2 and rev 2.3 at the same time. |
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HF decides to screw their customers at every opportunity they get. Why?
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I would be interested in this as well. I've got a Netgear R6300 router using a 600MHz Broadcom chipset running DD-WRT. I can mount external drives using USB for blockchain storage. Has anybody succeeded in getting a full node running directly on a router so far?
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Meanwhile, at least 650TH of new capacity is added to the Bitcoin network every single day.
MPP in June/July is like performing CPR on a patient that died many weeks ago.
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Site: Miner Protection Plan (MPP)
We will be shipping MPP after we have finished shipping to our Batch-2, Batch-3 and Batch-4 customers. It will consist of Yoli Evo Mining Boards and exceed the 4X capacity promise of 1.6 TH/s of mining performance. We expect to start shipping MPP in June, 2014.
Email: Miner Protection Plan (MPP)
We will be shipping MPP after we have finished shipping to our Batch-2, Batch-3 and Batch-4 customers. It will consist of Yoli Evo Mining Boards and should exceed the 4X capacity promise of 1.6 TH/s* of mining performance. We expect to start shipping MPP in June, 2014.
Spot the differences. Basically they are saying: Maybe it will ship in June, maybe it won't. Maybe it will exceed capacity performance promise, maybe it won't.
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SO WHAT NOW WHAT? HASFAST USE NOW OUR MONEY TO PAY THEIR LAWSUITS?
In addition, HashFast will likely lose resulting in insolvency. New and existing customers will receive nothing. |
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Just discovered this thread. cgminer on dd-wrt routers sounds awesome!
I picked up a 2nd hand Netgear D6300 and installed dd-wrt on it today. I believe it has a Broadcom chipset. Will it support this cgminer distribution?
Another thing I'd love to do with my router is to run a full node. (I can connect a USB drive so space is not an issue). But hey, cgminer is a good start!
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We expect to start shipping MPP in June, 2014. 'expect' 'to start' - translation: You will get MPP in July 2014 if you are lucky (and HF still exists) That means it will likely take at least 11 months before my Aug 9 2013 order is finally complete and delivered. ...There was one other company that pulled a similar trick on me... what was it.. oh yeah BFL. You buy a Baby Jet for 50 BTC, and we ship it on October 25th. January 23, 2014 comes and goes, and it turns out that at the Baby Jet’s nominal hashrate, it would only have generated 25 BTC during that 90 day period. Calculated out, it would have taken an additional 400 Ghash/s of capacity shipped with your Baby Jet on October 25, 2013 to generate 50 BTC. We can’t go back in time to give you that 400Ghash/s. Instead, HashFast will double that and give you 800 Ghash/s in additional capacity ... in July 2014 http://hashfast.com/miner-protection-program/Again, the MPP is completely deceptive since it suggested the additional capacity would be granted directly after the the 90 day MPP window in order to give the customer a chance to achieve ROI (that is the protection part). MPP in June (or more likely July) is no protection at all. |
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For those of you curious I emailed Hashfast again about the MPP and this was their response,
In regards to MPP - other than knowing that for Batch 1 it will be the
full 1.6TH, I am unable to release any more information of this for you. I
do hope to get something out shortly.
We want to make sure we send out the best MPP possible for our clients. Once the shipments of MPP boards begin to ship we will let our customers aware of their shipping date.
Awesome! I got exactly the same response on March 6: So, In regards to MPP - other than knowing that for Batch 1 it will be the full 1.6TH, I am unable to release any more information of this for you. I do hope to get something out shortly as this is a very hot topic in the forums. It is a canned response. 'Shortly' doesn't mean what you think it does. |
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This entire situation is insulting and ludicrous beyond words.
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I bought a gridseed scrypt miner a few weeks ago. These things are selling like hotcakes and I'm sure at hefty profit margins. I wish I could have bought a unit like this from AM.
While SHA256 ASICs should absolutely be the #1 priority, there is no reason why AM should be a 1-trick pony.
If time & budget allows, having a side line of Scrypt ASICs would only strengthen the company.
We just went through nearly 6 months without any product, to me it seemed like a near-death experience for AM. Having 2 product lines could mean more stability when one product line meets the end of the road and the other can pick up some slack.
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Hopefully HashFast can just ship . looking at the track record expect 2+ month delay  Unless you ordered your HashFast unit from Cognitive that is probably not going to happen any time soon... |
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The situation right now is: HashFast is short on money, I am paying for a new, separate production line to begin and will be recieving the profits from it an it's first few thousand boards. Beyond this, HashFast will take control of the line producing Evo boards and will be able to serve customers much faster than before.
Wow. So HF screwed up and their early customers take a bath. Cognitive bails them out by setting up a production line that HF could not afford anymore but HF existing customers will have to go to the back of the line in favor of Cognitive's new customers. Are they still producing the 'old' 400 GH/s GN boards? I guess the plan for MPP is to turn 4 400 GH/s 'Old' boards into 2 800 GH/s 'Evo' boards. If so it would mean more waiting. Higher difficulty and a deeper hole for existing customers. At least Garrett MacDonald seems to be talking. Which is something HashFast doesn't (unless you count HashFast_CL's trash talking) |
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Perhaps he deleted it because Google Docs was leaking his real identity?
I don't believe that was the concern. I'm no expert on the in's and out's of google docs but looking at the originals it appears to me they were posted anonymously. In Google Docs there is an option "Move to folder" if you do that you can see the identity of the most recent edit in the list view of the folder. |
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friedcat deleted this post, what does that mean?
Perhaps he deleted it because Google Docs was leaking his real identity? |
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So when are you guys turning your phone back on?
I heard the new phone is already on pre-order so soon(tm). Also, if they are unable to take your call call they will give you up to 4 calls back. Guaranteed. |
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(Reposting here after HF_CL deleted my post ...as usual... on the 800GH/s thread):what I should be doing is perusing criminal charges. Your theft is not just a civil matter at this point
A 105% refund is not "nothing" no matter how much you prefer a 600% windfall. No court is going to ignore the fact you refused a refund in legal tender. You are only attempting to pay 105% because that is still pennies compared to what your customers paid you, and you know it, so you can offer 105, 120, 150%, it doesnt matter, none of it is equal to what they paid you. As mentioned by others previously, that 'refund' was basically hush money that came with some strings attached: Release. Buyer hereby fully, forever, irrevocably and unconditionally releases, remises and discharges HashFast Technologies LLC from any and all actions, claims, charges, complaints, demands, causes of action, suits, rights, debts, sums of money, costs, accounts, reckonings, covenants, contracts, agreements, promises, doings, omissions, damages, executions, obligations, liabilities, damages, injuries, consequences, and expenses (including attorneys’ fees and costs), of every kind and nature which Buyer ever had or now has against the Released Parties (the “Claims”).
Non-Disparagement. Buyer agrees that Buyer shall disparage, libel, or criticize the Company or publish any statement concerning the other that this is critical. Buyer likewise shall keep confidential the fact of the settlement, the terms of this Agreement, and the fact and amount of the consideration paid or to be paid hereunder and shall not release or disseminate any information concerning such matters or the terms hereof to any third party without the express written consent of the other parties http://hashfast.com/wp-content/uploads/2013/12/Batch-1-Refund-and-Release-Hashfast-Technologies-FINAL.pdfAccepting this would not only have been a very bad deal, it would have made me complicit as I would be unable to warn new customers walking into this trap.
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Let's just agree to disagree when it comes to refunds and contractual obligations. I have a feeling this will have to be fought out in court or arbitration. Not here as it has already been discussed ad nauseam. (I do think potential new customers should be warned of the risks though)
Instead, HashFast_CL (As the community liaison and official spokesperson for HashFast on this forum) can you please help to make this thread more constructive by providing useful information including:
* Expected MPP shipments & quantities for Batch 1 customers.
* Upgrades shipment schedule
* Current production/logistical issues (if any)
* Upcoming firmware updates and cgminer improvements.
* Actual 'out-of-box' product specifications
* etc.
Can we just try to make the best out of a bad situation? Together? Show your customers you are willing to work with us, not against us.
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Why the hell you are not shipping the hardware?
I think HF_CL already answered that question: If HashFast had enough resources to build your machine without your money, we would have simply kept the machines for ourselves I.e. they were planning on consuming their own products. Talk about a conflict of interest. |
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