Did hashfast delivered any babyjet yet???
No, and the earliest they plan to start is mid-December. |
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You can be guaranteed that they will ship before Jan. 1. Even if it is broken, consumes 10x the power, 1/2 the hash rate, and uses someone else's chips, you will be sure they will ship
Wanna bet? (No, I've not learned my lesson about those kind of bets yet.) I will bet if u are willing. HashFast is a US located and registered company. They have binding arbitration agreement in their contract. They essentially lose everything by not shipping by 1 Jan. Would be a great way of getting out of all those MPPs though, considering they have seperate "deadlines" for the rest of their batches. Anyone know the "deadlines" for the rest of the batches? I'd be more than happy if they just said hey look our bad we are going to refund your Bitcoin. The prices they charged, for a batch one BabyJet especially, were way too much if they thought even for a moment were going to miss their shipping deadline. At the same time they projected an air of extreme confidence that they knew what they were doing because they had been involved in hardware businesses before and because of that weren't going to be another BFL. I clearly remember asking about their estimate for the shipping date before ordering and what they thought the chances of missing it were and the exact words from the Hashfast sales person were, "That's _not_ going to happen" |
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"Our racks and PDUs. Awaiting final dimensions from HF before setting up." You're telling us HashFast can't tell you the dimensions of their flagship product yet that was originally supposed to have shipped 2 weeks ago? This does not inspire confidence for even the delayed Dec. shipping date. |
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Make sure to set up a public BTC address in your Bitfunder account, using a wallet address YOU control (ie. BitcoinQT, Armory, I think some online Wallets too but not sure which ones) as opposed to a wallet address which you don't have direct control over (ie. BTC address at other exchanges, most online wallets). If you don't you're going to have problems proving ownership.
CoinBase has a sign message feature now. I'm not sure if it has always been there or if I just noticed it. go under "Account Settings" -> "BitCoin Addresses" Then create a new address and click the "Details" button for that address. There will be a "Sign Message" link a box will pop up. Type in your message and click Sign. A long string of characters will be returned this is the "signature" you need. |
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I got to admit I'm a little baffled that HashFast has stopped talking to me.
You received your lousy discounts yet? If so, don't use them  d&t, no, our discussions where useless. However i can't leave that spammer to try to convince anyone that HF is in any way good. It's a basic principle for me. I can't stand it. I already lost too much myself. I should try to contact adwords and have their advertising removed from google, or bid more with a blog that explains their lies, but i'm too busy with my stuff for now. However the idea is simple, if anyones wants to do it.. I don't think driving HashFast into bankruptcy will help us here. |
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I got to admit I'm a little baffled that HashFast has stopped talking to me.
I'm not really. What are they possibly going to say that wouldn't just end up digging themselves deeper into the hole they are in. I mean, I can think of about one thing they could say that would make this situation better but they aren't going to say that. |
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Just because hashfast (or BFL) puts something in its ToS, doesnt mean its legally binding. For instance:
No written contract for the sale or purchase of consumer goods, entered into on or after the effective date of this section, to which a consumer is a party, shall contain a mandatory arbitration clause.
..
The provisions of a mandatory arbitration clause shall be null and void.
http://codes.lp.findlaw.com/nycode/GBS/26/399-c I don't think that law will apply since it specifically defines a consumer good as something for, "personal, family or household purposes" and HF has repeatedly said their mining equipment is for commercial use. |
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The more BTC grows, the latter we will see anything, there is nothing we can really do about it. My 5BTC trowaway-lawyer found is now worth 2000$...
Why not start the arbitration process? You are bound by it anyways and it's less then $2000 This. You agreed to arbitration in the TOS. A judge sees that and he is going to throw your case out of court a long with a big lecture on following the terms of your contract which means arbitration first. Any competent counsel will tell you the same thing, of course they will charge you $300/hr for the exact same advice. I purchased manually via phone / email while the website was down on the 10th and was never shown any legal terms prior to the sale only the "delivery expected Oct. 30th!" promises. If I were HF I wouldn't count on those terms being enforceable for customers like me who weren't given a chance to review them at the time of the sale. In my case that document was sent to me over a week after the sale had been made. |
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How about you run the numbers and Post them Based on the buy that includes the MPP and tell me your results
That is how sure i am
as I already have run the numbers and do to the MPP i would still break even on the ROI and everything after that is gravy
Are you calculating your ROI in USD or BTC terms? In terms of USD I don't doubt you think you will ROI but in terms of BTC the chance is zero from my calculations. |
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Sierra is a nice piece of hardware from current point of view.
However I'd say it depends on the point in time of final delivery, what KnC offers begin of next year and how cointerra does..
Jupiter customers from day1/2 have until today ~50% of their investment back in pockets (from fiat view point, only).
So it might work out if you are one of the early birds taking a high risk, but for later ones the margin gets smaller and smaller.
Keep in mind a 'money printing' machine attracts greedy ones from all sides, stupid ones as well - I saw on ebay mid of September 7 bids for old avalon 160GH/s, $11.9xx
It seems impossible to count on fast delivery of any ASIC products lately from the response on the forums. Very true (about the greedy folks). Also on a side note, has anyone used the calculator on http://mining.thegenesisblock.com/ ? It has a spot to input "conversion increase %" - I assume thats the price BTC goes up in value each month. Hard to estimate this, but I've read folks think $300 by Jan 2014 - so 50% rice might be a good guess no? Thanks for the responses guys. You should leave the conversion % increase at 0 because if the mining equipment isn't going to ROI in BTC terms then what is the point of going through the trouble of mining when you could have just bought BTC. |
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Note, today is November 1st so they are officially the lateness.
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So where are the Baby Jets in the queue compared to the Sierras that HF sold to IceDrill? Seems like this is just a mockup the manufacturer did for the HF marketing department to appease the call for photos. It doesn't look like those radiators are even screwed in yet and why would they be when the most important component, the mini-boards with chip haven't arrived yet. |
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That is probably a batch #1 Sierra which were never sold to the public but instead were sold to IceDrill. Has HF ever clarified where BabyJet orders are queue wise in relation to the Sierras sold to IceDrill? Why haven't we seen any photos of the babyJet case yet They've updated the Sierra rendering but not the BabyJet. I also think it is kind of funny that they posted two pictures of the same exact case w/ components from slightly different angles. |
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So are we going to get some guidance on a more accurate ship date from HashFast seems like today, Oct. 20th, was the original best estimate ship date.
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How convenient. For KNC.
Then they should have been charging much less than they were. That didn't stop Avalon from shipping psu's with my order. Came without a hitch or extra charge.
HashFast never promised Sea Sonic PSUs. We could have used cheaper ones and improved our profit margin. That's why it's fair to say HashFast "picked up the tab" for premium quality power. The Golden Nonce is the Rolls-Royce of ASICs, so we are including the Cadillac of PSUs with it. So I see the rendering of the Sierra has been up dated on the HF website. When can we expect a more accurate rendering of the BabyJet? |
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I'm at a BTC meetup in Sunnyvale, where the Hashfast VP of Engineering is giving a talk right now.
This is admittedly rather time-sensitive, but if anyone has any questions, I'll be happy to ask 'em!
Ask if they're still on schedule for shipping next week. This is/was the only question that needed to be asked at the event.  Um, yeah, esp after the monster difficulty change today. |
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I'm at a BTC meetup in Sunnyvale, where the Hashfast VP of Engineering is giving a talk right now.
This is admittedly rather time-sensitive, but if anyone has any questions, I'll be happy to ask 'em!
Ask if they see the ASIC selling business to be a viable business long term given that the more they sell the less people will want to buy at any given price. |
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For those of us who are still contemplating on keeping their shares, will IceDrill be doing direct shares since as a US Citizen I cannot keep my shares on Bitfunder after Dec 2nd.
Yes, our handling of direct shares is a necessity and should be considered a given. On Dec 2nd we'll be given a list of bitcoin addresses and their relevant share holdings. Exactly how we'll handle this share transfer will be made crystal clear well before that date (it's a current priority item). This is good to hear. Do you see it being possible at some point in the future for direct shares to be sold over the counter? If so how exactly would the share holder prove their identity to you? I ask because typically I think people do so by signing a message with the private key of a corresponding public BitCoin address but if we have specified a CoinBase address as our dividend address I don't think we would have that ability and I'm wondering if those of us in that situation shouldn't change out our dividend address before Nov. 1 to one we completely control so we can prove via digital signature we are the owner of the shares associated with the given address. Thoughts? |
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Remember the cool thing about the modules is that they daisy chain together.
Not saying this is or isn't true but, you are the only person that has claimed this will be possible. There haven't been any postings from HF accounts in this thread at least claiming they will work this way. you don't have to believe me but... Even if you can daisy chain them the maximum number of USB devices a computer can support is 127 which sounds like a lot but many physical devices have multiple logical USB devices within them so if the things can be daisy chained they will count for at least 2 USB devices each one for the actual ASIC miner and another for the hub device that provides the chaining port. So for someone like you that expects to have like 50+ of the things I wouldn't expect to chain them all and have it just work. |
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