Good question. Here are some differences between the HashFast the unsuccessful business, and AM the scam:
1) HF operated in a transparent manner. We knew the investors' and executives' identities and backgrounds since the beginning. AM guys hid behind silly fake names like 'FriedCat' and 'BitFountain.'
Hello scammer! This is my reply to another post where you post tons of LIES.
Transparent manner? According to
http://hashfast.org/Main_Page#Batch_1_Preorders there was nothing transparent from HashFail. According to this well documented website " Amy Woodward
announced a delay of a critical component 3 days before the promised shipping date".
This is what "transparent" means for retard Icebreaker! You can't find out only with 3 days before the shipping date that you are not able to deliver anything. This is an outrageous LIE!
2) HF operated in the heavily (over)regulated California business climate, and never had any criminal charges brought against it. OTOH, AM existed in the shadowy world of unregulated BTC securities, in the wild-west environment of China's 'mixed capitalism.'
Did anyone force HF to be incorporated in California? I don't think so.
3) HF's chip did exactly what it it was supposed to. AM's chips kept failing to meet spec.
The difference is that AM never took any pre-order money on some advertised specs which never turn out to be true like HF did.
4) HF told us when and why they suffered delays. AM was/is nearly completely opaque.
HF announced only 3 days before the shipping date that they can't make it This is useless!
5) HF went to bankruptcy court, in the normal manner for unsuccessful businesses. AM is on the run from the law and its customers/investors/wives.
After delivering only ONE batch of miners while they took money for 4 batches! It's a new record in the Bitcoin world and nobody will be able to replicate it.
6) HF Batch One customers eventually got their ASICs, or refunds. AMHASH customers are holding empty bags, with no recourse via normal legal means.
This is AM thread, not AMHASH.
7) When everything went wrong, HF execs stayed around and went to court while the process ran its course. AM's CEO is hiding on a beach in Thailand or something.
That's because they were smart enough to leak 40-50 millions of $ out of the company while being untouchable.
Funny how you insisted HF was a scam despite having no proof, but make excuses for AM despite overwhelming evidence.
You are a retard!
HF WAS A SCAM from day 1 while AM made over 6 time profit for IPO. HF was only able to deliver ONE batch of miners, while AM successfully operated for a couple of years and many investors saw a nice profit from AM shares.