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1061  Bitcoin / Hardware / Re: [Closed] Legendaries review party of Spondoolies-Tech's SP20 on: December 11, 2014, 05:10:45 PM
I'll be overclocking it with two CX750's as long as it's not too noisy. Judging from the snowfall out there, the holiday season should be perfect for some mining to heat up everything. Smiley

My old friend, I am sorry in advance Tongue A minor underclock and you should be okay to lower the 80% fan down.

 Cry Not even if I point it at the frigid air outside? It's been some time since I mined after the days of FPGA's and GPU's, so I'm not too sure what to expect here.

raskul can tip you with pointing miners towards frigid air outside  Grin

Not even. It really doesnt get "bearable" for what I consider to be home noise levels (im sensitive though) till under 50-60% fan speed. It really varies from person to person, couple of my clients put them in their bedrooms at 100% speed...

Makes you wonder what sounds are they trying to mask...
1062  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: December 11, 2014, 04:56:54 PM
So let me get this straight. If 1M$ per bitcoin is too much, if 500$ per bitcoin is too much who sets the limit? How should customers interpret the statement from the HF rep? If bitcoin was 200$ would they get 51 bitcoins as refund? What about at 150$ per bitcoin?

Also by your statement HF never intended to fully refund everyone from Batch 1 after their missed deadline. They had some money for some of the customers, but not for all. So they broke their own ToS by not having money for everyone from Batch 1. Am I reading this correct? HF took money for 4(?) batches and never had any plan/back-up plan to fully refund everyone from Batch 1.

The only legal course of action was for HF refund the purchase price (which as always denominated in USD) in fiat.

It would be no different if you wanted a refund for an exact number of Euros or Yen.

HF is simply not liable for fluctuations in media of exchange provided as a convenience.  That's not how it works.  Ask any lawyer.

This has already been explained several times; you and Skye are unbelievably slow learners.

Fiat or no fiat HF never had money to refund everyone in Batch 1. They have lied in their ToS plain and simple. Thank you for clarifying that!
1063  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: December 11, 2014, 08:48:39 AM
Everyone knew bitcoins could skyrocket or crash. It's what bitcoins have always done. So they should have saved some bitcoins around, then there would be no additional liability. Since they never planned for BTC refunds, their offer was a empty promise meant to deceive customers into buying.

You are wrong about so much.  Nobody can predict the price of BTC.

HF had did save some coins but had to sell them to pay for refunds and other expenses.

The only "empty promise" was the illusion you created for yourself, in which you risk nothing and HF magically conjures unlimited numbers of BTC to compensate for an unprecedented price spike.

HF was willing to provide refunds in BTC, but that was disallowed by the legal scrutiny brought on by windfall-seeking fuckwits such as yourself and encouraged by buffoons like RoadStress.

This is what the HF rep said:

Quote
The answer is if you buy Baby Jet for 51 BitCoins today and it does not ship, you will be refunded the 51 BitCoins you paid.

This what you greedy retards chose to hear:

Quote
The answer is if you buy Baby Jet for 51 BitCoins today and it does not ship, you will be refunded the 51 BitCoins you paid (no matter what, even if BTC goes to $1 MILLION DOLLARS PER COIN).

Can you spot the difference?   Wink

So let me get this straight. If 1M$ per bitcoin is too much, if 500$ per bitcoin is too much who sets the limit? How should customers interpret the statement from the HF rep? If bitcoin was 200$ would they get 51 bitcoins as refund? What about at 150$ per bitcoin?

Also by your statement HF never intended to fully refund everyone from Batch 1 after their missed deadline. They had some money for some of the customers, but not for all. So they broke their own ToS by not having money for everyone from Batch 1. Am I reading this correct? HF took money for 4(?) batches and never had any plan/back-up plan to fully refund everyone from Batch 1.
1064  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: December 11, 2014, 03:44:14 AM
RS would never ask an actual lawyer to confirm his silly opinion, because his delicate ego would be grievously wounded when the lawyer inevitably informed him that he's FOS.   Grin

Actually it's HF who ignored the possibility of a BTC price spike when Anna (I think it's the correct name) promised full BTC refund.

If a customer actually believed HF was really ignoring the possibility of a BTC price spike, why would they be so foolish as to do business with HF regardless?  

Sheer cupidity is the only plausible explanation; some people thought that by playing dumb/innocent they might reap a windfall at HF's expense.

The hypothetical "full BTC refund" scenario obviously assumes the USD price of BTC is equal at the times of purchase and refund.

Common sense and common law dictate actual refunds take fluctuations into account.

Sorry if this is all too complicated for your little pea brain, for which logic is a very hard thing.   Cheesy

Why don't you simply call a lawyer and have the assurance of their legal authority settle this contentious issue for you?

Is the hesitation due to your desire to avoid the cognitive dissonance of having to admit I was correct?

Yes we know that the customers were stupid that they believed what a HashFast representative told them

Quote
received: by 10.194.138.199 with SMTP id qs7csp90853wjb;
        Fri, 16 Aug 2013 16:38:36 -0700 (PDT)
X-Received: by 10.236.45.102 with SMTP id o66mr196684yhb.13.1376696316262;
        Fri, 16 Aug 2013 16:38:36 -0700 (PDT)
Return-Path: <bitpaysupport@hashfast.com>

Hi Jim,
Thank you so much for your patience while I got the answer for you, I greatly appreciate it.

The answer is if you buy Baby Jet for 51 BitCoins today and it does not ship, you will be refunded the 51 BitCoins you paid.

I hope that helps and hope you have a good weekend!

Thanks,
Cara

That email doesn't say you'd get all the BTC you spent back regardless of how high the price of BTC goes.

Yes that's correct and since it doesn't say anything about the BTC price then it means that the price doesn't matter.

Even if HF did say "no matter what" how could you reasonably believe a tiny start-up could possible make good on such an unlimited liability?

A tiny company doesn't have more than 20 mil $ in hand and nobody forced them to make that statement!
1065  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: December 11, 2014, 02:38:43 AM
See, ^^^there's one of those immature attitudes I was talking about.   Roll Eyes

RS has to pointedly ignore the difference in USD value between mid 2013 BTC and post price-spike BTC, because otherwise his position is transparently untenable.

RS would never ask an actual lawyer to confirm his silly opinion, because his delicate ego would be grievously wounded when the lawyer inevitably informed him that he's FOS.   Grin

Actually it's HF who ignored the possibility of a BTC price spike when Anna (I think it's the correct name) promised full BTC refund.

Most new businesses fail and bankruptcy (plus angry customers) was not the desired outcome.

I wonder how would you pair the "worlds best/fastest chip" with a company that has failed and is in bankruptcy and that managed to sell everything for 400k.
1066  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: December 11, 2014, 12:24:53 AM
Not been following this very closely, but is icebreaker an investor in HF, in love with Barber, or what on earth is ahm.. floating his boat in this?

Welcome to my fan club!   Cool

I'm a HF customer who doesn't have a problem accepting responsibility for making extremely risky ASIC purchases.

I understand that most new businesses fail and don't seek to personalize/criminalize such perfectly normal outcomes.

Such a mature attitude is unfortunately a rarity on this thread, so I educate the newbs about concepts like legal tender, windfalls, buyer's remorse, and opportunity cost.

You forgot the fact that you like to eat a lot of shit and the fact that in your shitty view a promised refund of 51 bitcoins for an order of 51 bitcoins is subject to windfall.
1067  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: December 09, 2014, 10:41:23 PM
so under-clocking just a little lower then 1266 watts for 2 sp20's would allow me to  run all those evga's with 2sp20 each.


so I know the sp30/31 can do lower freq then  750 can these sp20's go as low ?  Is this under clock safe?

I have a couple of 1300W EVGA PSUs too. If you can manage to run 2 SP20s on one PSU I would consider getting 2 so keep us updated.
1068  Alternate cryptocurrencies / Mining (Altcoins) / Re: Riddle: Mine 2BTC in 30 days with only 1x single miner @ 40, 000, 000, 000 Diff on: December 09, 2014, 08:45:37 PM
Riddle: if I mine 2.0btc in 30 days with only 1x 1500watt miner, how am I doing it?

330mh/s

Ok. You get the award for the most inefficient miner!
1069  Bitcoin / Hardware / Re: Legendaries review party of Spondoolies-Tech's SP20 on: December 09, 2014, 08:31:55 PM
I'm still waiting for my Legendary title...
1070  Bitcoin / Pools / Re: [10000Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB on: December 09, 2014, 02:37:08 AM
19 hours! Come on!  Angry

I wonder if saying "block withholding" here is equal to saying "bomb" in an airplane Smiley
1071  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: December 08, 2014, 11:26:30 PM
Blazedout419 I wanted to quote every answer that you got to point out that ALL the reasons listed aren't a business reason, but to what use? To get angry shareholders to throw shit at me?
Nobody doubted AM/FC integrity, yet everyone is hanging for it. The integrity has nothing to do with the business capabilities and decisions. I hope you spotted the same thing.
1072  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: December 08, 2014, 11:09:13 PM
Where are you icetard to praise HF? Everything was bought for 400k? That's saying something about the world's fastest chip...

Where is cedivad?  Why isn't he here to praise this result of legal actions he helped initiate?   Huh

Ochoa didn't buy "everything."  And the 420k offer came with two huge side deals of great benefit to us creditors.

This is good news.  HashFast will be selling boards again soon:

....
How many do you want?   Cheesy

Boards which nobody will buy. Ok. Great deal for the "best and fastest bitcoin mining chip". Words simply can't express the amount of failure apparently from both sides.

Maybe the legal action didn't got anything for the creditors, but at least it stopped HF from scamming (aka sucking their money into a black hole because that's what HF does best) other customers.
1073  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: December 08, 2014, 06:44:40 PM
Where are you icetard to praise HF? Everything was bought for 400k? That's saying something about the world's fastest chip...
1074  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: December 06, 2014, 05:43:31 PM
I posted that earlier but I deleted the post. I asked AMhash if they were reselling AMHash and was told they were not. The reddit post doesn't mention AMHash though, just ASICminer. So, there might be such a deal in place that AMHash doesn't know about. I thought it best to delete the post until it can be clarified by FC.

Good luck with that.
1075  Economy / Securities / Re: AMHash1: Cost-Effective Mining Contract on: December 05, 2014, 03:34:53 PM
Sorry for the mistake. Embarrassed

All lof the payments will be refuned.


Dude you need to re-check before clicking that post button

You are right,thank you for your advices.
I'm outside and found the mistake.So I corrected it in rush with my phone. You know it's supper time now in China. Embarrassed Embarrassed

Epic!
1076  Economy / Securities / Re: ROCKMINER - miners using GEN3 ASICMINER chips on: December 05, 2014, 03:31:32 PM
Chinese Qualitat?

Chinese way of doing business.
1077  Bitcoin / Hardware / Re: Mining ASICs Technologies Promises 6TH/s Bitcoin Miner And 200 MH/s Scrypt Miner on: December 04, 2014, 11:00:37 PM

MAT=BIG SCAM!
1078  Bitcoin / Hardware / Re: [ANN] Technobit "DICE" 160Ghs Entry miner/blockchain personal lottery device on: December 03, 2014, 10:21:31 PM
Cool! Gonna get a few, heck why not!

Enough for a farm?  Cool
1079  Bitcoin / Hardware / Re: Spondoolies SP10 works in cold weather with firmware 1.5.10 (test version) on: December 03, 2014, 01:40:36 PM
now there's a novel idea. wonder if I can install a hashboard to the electrical circuit on my car... plug in a wifi dongle on the dashboard and hash-while-u-drive™

Yes! The free electricity holy grail was just discovered!

not entirely free with the price of fuel @ £1.17/litre

Isn't that energy wasted anyway?
1080  Bitcoin / Hardware / Re: Spondoolies SP10 works in cold weather with firmware 1.5.10 (test version) on: December 03, 2014, 12:53:28 PM
now there's a novel idea. wonder if I can install a hashboard to the electrical circuit on my car... plug in a wifi dongle on the dashboard and hash-while-u-drive™

Yes! The free electricity holy grail was just discovered!
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