2

However I do see $7000 happening in 2014, so close.

Also there are a few captures of the ToS from October 29 onwards here

I'm not touching that refund form with a 10 foot pole. The original contract is clear and valid. No need to voluntary waive your rights.

I simply sent them my own notice of failure and cancellation & refund letters. Here are some snapshots of the scans:

I'm still waiting for my full BTC refund.

This is what my ToS says (http://pastebin.com/EfS9vmRf):


This is what my order confirmation says:


and:



So if payments are due in the amounts, in the currency, and at the time stated in the order or confirmation. Then full refund of the payment is due in the amounts and the currency stated in the order or confirmation.

In summary:
1) payment in BTC: check
2) full refund of the payment in BTC: check
3) HF failed to deliver by December 31, 2013: check
3) Filed refund request before Jan 15, 2014: check

Am I reading/interpreting this incorrectly? Seems pretty clear to me.

Edit: Cedivad pointed out that you need to file your request as a hardcopy so will do that as well. (I have only filed an online refund ticket sales@hashfast so far). From the ToS:


I guess an email is not 'written' but a print out is?

Thanks for the tip Adolf. (Just listen to yourself man!)

If everyone is so bullish then why is the price not rapidly increasing?

If you all believe what you are saying every single one of you should be buying right NOW.

That said, I do believe it should be possible to add another zero to the value of the top 3 cryptos by EOY 2104.

You and I both know this is just propaganda. At the same time they announced they were shipping to the world they sent out the letter to customers stating that they were not shipping. It is just for show, so it appears they met their targets and demonstrate a best effort to deliver if they end up in court.

This is the problem. Most people buying miners are first time buyers that do not do their homework. As such companies like BFL and HF can stay in business because they feed off the ignorance of newbies.

I don't know what the AdWords policy is exactly, but I'd be curious to see what their stance is towards pre-order products.

https://support.google.com/adwordspolicy/answer/1331529?hl=en&ref_topic=1310871

^this

If the current 30 day delay is because of needing to book new slots with CIARA for assembly then why not just ship out the bare modules and/or kits?

Perhaps customers that opt in to self-assemble a kit can actually get some hardware shipped now?

Yes, looks like HF made some stealth-edits to those specs already:

Original: http://web.archive.org/web/20140101023059/http://hashfast.com/were-shipping-2013/


Edited: http://hashfast.com/were-shipping-2013/

TL;DR - HashFast used the pre-order money and hired an attorney on Dec 13 to cover their ass and expose yours. This document they want you to sign is the direct result of that.

https://angel.co/activity/startup_role/1007762
http://scounsel.com/adam-t-ettinger/

So how is that working out for you?

And the BS keeps coming. Unbelievable. This really makes my blood boil.

No HF I don't want Rev0 hardware that you know is unreliable.
No HF I don't want to waive my rights to a BTC refund.
No HF I don't consent to wait another month for a PCB revision.

STOP treating your customers as tools and pawns. We are customers, not captives.

Your failures are your own, stop shifting the risk and losses to your customers and live up to your own promises.

Regarding the mining with customer hardware accusations - HF should have seen this coming from miles away and did nothing to mitigate these issues. So the fact that this is happening is their own fault. Not the customers.

In fact I warned them against this scenario back on August 11 and they decide to ignore it. Neither did they mine on testnet like most responsible hardware companies do when testing pre-production hardware or doing customer equipment burn-in tests.

https://bitcointalk.org/index.php?topic=270384.msg2907958#msg2907958

Somewhat related:

Cointerra seems to be making good progress recently. Their ASICs have finished packaging and the PCB is ready.

That is good to know. In that case, would you mind sharing which order you are on the order chain so we can see if HF is keeping to their shipping in order promise?


Sure, and I didn't mean to pick on you personally, just wanted to point out some similarities to the BFL delivery claims. Thanks for sharing!

Hashfast_CL -

Now that BJs and Sierras have started shipping. What are the final specs in terms of:

1) System power draw (W)
2) System performance (nominal GH/s)
3) GN efficiency (W/GH/s)

Thank you.

2014 will likely be the year where the power efficiency before a determining factor in the long term profitability of mining hardware. So yes it does matter to me and was one of the reasons I chose HF to start with. Remember, If you have MPP you will (hopefully) get 4 more modules. So the full system will consume an additional 500W in this case.

Well my order is for BJ #39 and I have not received a tracking number so they can not have sent many out. Also the ToS is a contract between you and HF. Just because they sent out one unit to a developer does not mean they met the 'guaranteed delivery' deadline. http://hashfast.com/order-chain/

The fact that only Luke-Jr confirms shipping does sound a lot like BFL. In order to win a bet that BFL would ship the first units before April 01 2013 they sent 1 unit to Luke-Jr. However it was never actually shipped because Luke decided to leave it at BFL. It took until July for day 1 customers to receive their units. https://bitcointalk.org/index.php?topic=163261.0

Also before HF ships anything, they really should publish the final specs and tell us exactly what they are shipping. If they don't deliver what they promised the customer has the right to return the product and request a full refund. As it stands it appears the power consumption for the promised hashrate is well outside of spec. (450W vs <350W advertised). https://bitcointalk.org/index.php?topic=270384.msg2894615#msg2894615