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Hi all,
Thank you all again for your participation in the first HashFast drawing for a free Baby Jet.
The winner of this round for a FREE Baby Jet is linms-bt. Congratulations! Please see your personal messages for further information.
Cheers,
HashFast Team
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WTF HashFast? My name was not even entered in the drawing!!!!!
Hi, Please see your personal messages. Thank you. Cheers, HashFast Team |
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Hi all, The end is finally here! Thank you for your participation in the first HashFast drawing for a free Baby Jet. Join us for our LIVE drawing to determine the winner of the Baby Jet, tomorrow, December 7, at 1:00 PM PST. Watch the live drawing HERE: http://www.ustream.tv/channel/16393021. If you are unable to join us for the live drawing, we will post the winner of the Baby Jet on the initial thread for the drawing. See you all tomorrow. And may be odds be ever in your favor! Cheers, HashFast Team |
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Hi all, Just an update on what has been going on over at HashFast. First the big news - our first substrates arrive on Monday, Nov 25!These are the high precision PCBs that lie between the silicon die and the rest of the motherboard. Once substrates arrive motherboard assembly begins, followed by board bring-up, chip bring-up and system bring-up (the process of testing chips starting at low power and working up to full spec). For the past few weeks we have been busy assembling and testing the Baby Jet and Sierra. These images are of the Baby Jet. We are optimizing the Sierra and Baby Jet to make sure they run as cool as possible and validate our configuration's thermal management.  The video below demonstrates an airflow test of the Sierra and shows that all is working correctly in order to get sufficient ventilation flowing through the chassis. We did the same with the Baby Jet, though there is much less heat with one chip. http://youtu.be/2QURuDM1P0EHere is the image of our PCB. It features 16-phase voltage regulation, the best in the industry!  Providing our ASICs with very smooth, stable power ensures they run at maximum speed, while minimizing hardware errors and providing greater hardware reliability. As soon as the system is successfully brought up then volume production ramp of the complete motherboards begins. We will be shipping the motherboards daily to Ciara, where they will be assembled with all of the other components of the Baby Jet and Sierra. Cheers, HashFast Team |
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Hi all, Just an update on what has been going on over at HashFast. First the big news - our first substrates arrive on Monday, Nov 25!These are the high precision PCBs that lie between the silicon die and the rest of the motherboard. Once substrates arrive motherboard assembly begins, followed by board bring-up, chip bring-up and system bring-up (the process of testing chips starting at low power and working up to full spec). For the past few weeks we have been busy assembling and testing the Baby Jet and Sierra. These images are of the Baby Jet. We are optimizing the Sierra and Baby Jet to make sure they run as cool as possible and validate our configuration's thermal management. The video below demonstrates an airflow test of the Sierra and shows that all is working correctly in order to get sufficient ventilation flowing through the chassis. We did the same with the Baby Jet, though there is much less heat with one chip. http://youtu.be/2QURuDM1P0EHere is the image of our PCB. It features 16-phase voltage regulation, the best in the industry! Providing our ASICs with very smooth, stable power ensures they run at maximum speed, while minimizing hardware errors and providing greater hardware reliability. As soon as the system is successfully brought up then volume production ramp of the complete motherboards begins. We will be shipping the motherboards daily to Ciara, where they will be assembled with all of the other components of the Baby Jet and Sierra. Cheers, HashFast Team |
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Hi all, Here is a picture of Eduardo deCastro, CEO, receiving the wafers!  Cheers, HashFast Team |
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Hi all, Here is a picture of Eduardo deCastro, CEO, receiving the wafers! Cheers, HashFast Team |
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please let me know if you run another contest
We most definitely will. Cheers, HashFast Team |
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Hashfast, any chance to get on board still  ? We're sorry, but to be fair to the other participants, we must abide by the deadline for this drawing. Thank you for your interest, and please be sure to look out for more chances to participate in our drawings in the future. Cheers, HashFast Team |
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Hi all!
It has come to my attention that a few of you are having problems with inserting the ad along with the BB code.
If you press the "quote" button, it will provide you with the BB code. Then copy and paste the ad along with the BB code that you see after pressing the "quote" button. Thank you.
Cheers,
HashFast Team
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Ignoring the Oct 25th to Oct 31st difference, if that scenario played out and at the end of January HF sends out one extra module because hey, a BabyJet would have earned 25BTC between Oct 31st and Jan 29th they will have a lot of pissed off customers. The calculation for how much you have earned is based on the shipping date. By the letter of the program it is the first 90 days after shipping, that would mean if it ships 30 days late your MPP window is also extended 30 days which obviously makes the program a worse deal. Essentially customers are hurt by late shipping and then their compensation is also reduced. Many people complained it would be fairer if the MPP began when the units should have shipped so customers are not double penalized for late delivery. Thankfully HashFast seems to have agreed with that logic so the 90 day window starts on 31 OCT. Obviously for the days from 31 OCT to shipping date the computed revenue would be 0. You have 0 GH/s and 0 GH/s at any difficulty = 0 BTC produced. So the MPP "payout" is based on the total of what a theoretical unit would earn each day between shipping and 28 JAN (90 days after 31 OCT). They way I read it (and I may be wrong) if you units ships on say 15 DEC and between 15 DEC and 28 JAN you earn*: >= 100% of purchase price = no additional boards (achieved break even in 90 day window) >= 66% & <100% of purchase price = 1 additional board (200 additional GH/s needed for break even x2 = 400 GH/s) >= 50% & <66% of purchase price = 2 additional boards (400 additional GH/s needed for break even x2 = 800 GH/s) >= 33% & <50% of purchase price = 3 additional boards (600 additional GH/s needed for break even x2 = 1,200 GH/s) < 33% of purchase price = 4 additional boards (600 additional GH/s needed for break even x2 = 1,200 GH/s) On edit: My original numbers were incorrect. Thanks for the correction minor. The MPP "pays out" DOUBLE the hashrate that would have been required to break even in 90 day window. I updated numbers above.I assumed that Hashfast will only pay out in "full board increments" and will round in the customer's favor as less boards won't fulfill the terms of MPP (i.e. if 127 more GH/s would have achieved break even, doubled is 254 GH/s. Since HF only produces 400 GH/s boards the only options are ship nothing or ship one board). The cutoffs above assume the number of boards will be rounded up in the customers favor. Also remember HashFast isn't going to monitor you individual rig. It is simply a calculated earning. For a given hashrate & difficulty a miner will earn x BTC per day. The sum of those earnings over the 90 day window determines the computed earnings and thus the amount of MPP payout. Maybe Hashfast can confirm or correct me on this.Hi, You are mostly correct. However, your assumption that we can only ship a 400 ghash card is not necessarily correct. The golden nonce chip is able to broken into 4 pieces - so its possible we could ship less than 400 Ghash. That said, we expect that the MPP will most likely be fully triggered. -HashFast Team |
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Hi All!
Very very sorry for the delay. I will send you PMs this evening. Just wanted to confirm a few things first before starting. Sorry for not getting to you all earlier.
Cheers,
HashFast Team
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THE SIGN UP IS NOW CLOSED!!!
Thank you all for participating! You will be getting a personal message by tomorrow morning.
Cheers,
The HashFast Team
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Now they do not upload this update to their webpage ? Or they do not post the same thing in twitter every 2 hours ?
I suppose they will wait to have the photos of the wafers and then upload them and they wont say a word of the delays. This marketing strategies seems quite ilegal to me. There is no somewhere we can go to at least shut down their webpage so they do not engage someone else ?
They could send us more emails if they want, the updates are useless same as the order chain and the hashfast customer help, so the only reason to have the webpage is to catch up more customers
By the way they will post photos soon... I think this sounds familiar to me....
The shipping dates in the website have been updated. -The HashFast Team |
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Hi all!
Thank you all for signing up. The sign up sheet will be closing tomorrow evening at 6:00pm Pacific Standard Time.
At that point, each participant will be contacted via a personal message.
Best of luck!
-The HashFast Team
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HashFast Production UpdateWe want to update our customers on the progress of our machine production. Producing a rig as powerful as the Baby Jet or Sierra requires coordination with a host of fabricators and designers — like the machines themselves, it's a lot of moving parts, and fluid timelines. This is the situation: Silicon Wafer Fabbed Out SuccessfullyThe silicon wafers have completed fabrication. The silicon is the core of the chip, and the complicated etching process that creates the circuitry on the silicon is finished. Now the process is starting of taking this silicon, with its complete circuits, and packaging it into finished chips. The wafers are en route to San Jose, where they will be cut into individual die. We’ll get photos for you soon. Substrate UpdateWhen we designed our substrates, we knew they'd be one of the most unpredictable segments of the chip's production. Substrate production has a lot of risk — at high power, a substrate can overheat, causing a rig to underperform. While rerunning simulations in Cadence, we saw some concerning currents in some of the vias in the substrate. In order to address that, we've been working closely - every day - with both our substrate designers and our manufacturing house. We’ve made key improvements to the design that can be incorporated even into those substrates that are already in manufacturing. Even so, the latest delivery estimates for the modified, improved substrate design are three weeks from today. This means that we would be shipping our first rigs mid-December. Obviously this is an incredible concern to us, and to you. So for the last several weeks, we've been engaged with an additional team to work on an additional substrate, simultaneous with our existing fabricator. Essentially, we now have two teams racing to produce the best and fastest substrate. As soon as that is done, we'll marry the substrates to the finished wafer and begin assembly of the rigs. Miner Protection ProgramFor those of you covered under the Miner Protection Program™ ( https://hashfast.com/miner-protection-program/), this delay will not affect the starting point from which benefits are calculated. For First Batch Baby Jets, the start date of the program will be retroactive to October 30th. We want to make sure a delayed ship date does not reduce the value of the program. A lot of smart, hardworking people are working incredibly long hours to improve our production schedule. If we are able to ship rigs sooner than expected, we'll do so. And, of course, we'll let you know as we receive further information from our production line. - The HashFast Team
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HashFast Production UpdateWe want to update our customers on the progress of our machine production. Producing a rig as powerful as the Baby Jet or Sierra requires coordination with a host of fabricators and designers — like the machines themselves, it's a lot of moving parts, and fluid timelines. This is the situation: Silicon Wafer Fabbed Out SuccessfullyThe silicon wafers have completed fabrication. The silicon is the core of the chip, and the complicated etching process that creates the circuitry on the silicon is finished. Now the process is starting of taking this silicon, with its complete circuits, and packaging it into finished chips. The wafers are en route to San Jose, where they will be cut into individual die. We’ll get photos for you soon. Substrate UpdateWhen we designed our substrates, we knew they'd be one of the most unpredictable segments of the chip's production. Substrate production has a lot of risk — at high power, a substrate can overheat, causing a rig to underperform. While rerunning simulations in Cadence, we saw some concerning currents in some of the vias in the substrate. In order to address that, we've been working closely - every day - with both our substrate designers and our manufacturing house. We’ve made key improvements to the design that can be incorporated even into those substrates that are already in manufacturing. Even so, the latest delivery estimates for the modified, improved substrate design are three weeks from today. This means that we would be shipping our first rigs mid-December. Obviously this is an incredible concern to us, and to you. So for the last several weeks, we've been engaged with an additional team to work on an additional substrate, simultaneous with our existing fabricator. Essentially, we now have two teams racing to produce the best and fastest substrate. As soon as that is done, we'll marry the substrates to the finished wafer and begin assembly of the rigs. Miner Protection ProgramFor those of you covered under the Miner Protection Program™ ( https://hashfast.com/miner-protection-program/), this delay will not affect the starting point from which benefits are calculated. For First Batch Baby Jets, the start date of the program will be retroactive to October 30th. We want to make sure a delayed ship date does not reduce the value of the program. A lot of smart, hardworking people are working incredibly long hours to improve our production schedule. If we are able to ship rigs sooner than expected, we'll do so. And, of course, we'll let you know as we receive further information from our production line. - The HashFast Team
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Hi all,
Thank you for your interest. This signup will be open until Friday, Nov. 8.
To be eligible, you just have to sign up on here and adhere to the requirements.
Thank you,
HashFast Team
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