someone with too much money
buy otc => dump on exchanges
easy manipulation
Isn't buying otc more expensive? Why would anyone do that just to keep the exchange rate low? What's the gain? |
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EDIT: btw can you add an option to be able to disable each chip? I just figured out how to get below 0.65w/GHs but the hashrate is dropping in/out due to some chips die/come back. I will post back the result to show others how. Share you method. Have you lowered the voltage or limited the PSU max power? If it's either of the methods have you tried the other one? |
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First I hated these manipulations, now I am learning to love them. It's a free market after all and this was bound to happen sooner or later and in open public or not. He is just another guy trying to catch what he think is an opportunity. Grab your popcorn because the winter is coming! |
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Again avoiding relevant questions. I see that the bankruptcy was filled on 9 May. Wasn't the MPP supposed to ship in the first 4 months? So that would mean that the case filling was AFTER HF had to deliver the MPP. Please correct me.
MPP was due 90 days after delivery of the miner. HF started delivering miners in late Dec, which would mean the MPP should have been started in April. In March, HF announced delays to the MPP deliveries, "expecting" to start in June. Obviously March and April are before May, so HF was already in violation of the MPP by the time the bankruptcy filing occurred. I am waiting on iCEBREAKER's stand on this, hoping he will not ignore it. |
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The bankruptcy stopped the MPP? How come? When did the bankruptcy started? I remember that the MPP was promised after 4 months of the failed date.
I care because I'm testing my general points of view with you.
The bankruptcy stopped MPP settlements in chips because it required HF to stop all expenditures and movement of assets. It's important to note that we would have our MPP chips if not for the lawsuit happy Enrich-The-Lawyers committee precluding such actions. Besides using the search function on this thread, you may find more answers here: https://cases.processgeneral.com/cases/case/5/hashfast-technologies-llc/  Again avoiding relevant questions. I see that the bankruptcy was filled on 9 May. Wasn't the MPP supposed to ship in the first 4 months? So that would mean that the case filling was AFTER HF had to deliver the MPP. Please correct me. |
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iCEBREAKER why are you avoiding my questions? When was the agreed TOS delivery date for batch 1? Has HF met this date? What about MPP?
RS, these questions have already been answered in this thread. I think you know that, and how to use the search function, but are trying to pester me regardless. Just to humor you, I'll respond. The Dec 31 date for Batch 1 passed, triggering a wave of refunds. Some people wisely cashed their refund checks, while others choose to follow gmaxwell and pmorici's terrible advise to be greedy goobers and hold out for a windfall, which resulted in them getting nothing. MPP was going to be paid out in the form of raw chips, but unfortunately the bankruptcy filing stopped that process. Since you're not a HF customer, may I ask why you even care? The bankruptcy stopped the MPP? How come? When did the bankruptcy started? I remember that the MPP was promised after 4 months of the failed date. I care because I'm testing my general points of view with you. |
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I was just told by a Chines friend that the bitcoin mining community in China is alot bigger than i thought. In April when we got Dragon miners at $3-3.5k each, the same miner was being sold for $2k + 15% off for bulk orders. They're sold alot more domestically, including Bitmain.
While they dont have mega datacenter, their combined hashrate is probably the largest.
ONLY miner manufacturers that are not Chinese: SP and KNC, that means something doesn it?
What about BitFury? KnC? CoinTerra? Nice SP20 case. Pity there's no PSU inside.
All those cables might look nice in the pictures, but they're ugly when shelved.
I see it as being much cleaner than other miners which I will not name. |
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Otherwise, i'm afraid bitcoin mining will be concentrated in China.
I believe that this will not happen. Time will tell. |
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iCEBREAKER why are you avoiding my questions? When was the agreed TOS delivery date for batch 1? Has HF met this date? What about MPP?
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Am I seeing this correct? ~0.09W/GH? Really??? |
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What the fuck is this meaning? Due to the relatively young nature of the scrypt mining market we are not currently offering refunds on our scrypt mining products. What has the scrypt mining market have to do with getting a legal refund? Such morons... It has everything to do with why they did not offer refunds right from the start - they knew that ASIC mining would kill off scrypt coins and anyone who bought an scrypt ASIC would regret it. Legal or not is a different issue.... They could've simply said we don't issue refunds. Implying the young market is simply a retarded argument in my view. But it's KnC who took BFL road. A very big FU Sam Cole and your whole team of scammers who are shitting on the very people that got them to this point! |
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So what happened with our scammer friend Ken Slaughter?
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What the fuck is this meaning? Due to the relatively young nature of the scrypt mining market we are not currently offering refunds on our scrypt mining products. What has the scrypt mining market have to do with getting a legal refund? Such morons... |
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QFT because you seem to think $200 and $100 BTC is coming.
I am telling you sub $330 BTC will never happen again. If it does I will never post in this thread again. Huge pumps are incoming in the next few mins / hours.
By Monday, you'll agree with me.
As a miner I couldn't be happier! To da effing moon! |
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Nonsense. Tubes went on sale on August 12 and chips were available months earlier. If AM would have just built miners instead of selling chips, Tubes would have been available a lot earlier. Really? That is your excuse? If that's the case AM has a very bad team if they can sell chips and make some miners in the same time. By the looks of it they haven't sold that many chips so that shouldn't be a good reason to delay miners so much. |
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Bonus Neptunes ...  When? KnC doesn't deal with customers haven't you heard? They are on their own now...so I guess the bonus Neptune will never come. |
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Good for you! It's nice that you won't have to waste your money on lawyers only to be proven wrong, like silly pmorici (who should know better) did and was.
What about failed delivery dates. I thought in the TOS the delivery date was 31 December and I remember that HashFail failed to deliver by that date. How does that stand in court? |
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If you think you are right, please take the matter to court. You will find, like pmorici already has, that your interpretation is FOS and won't hold water.  I don't need to take it to court because I haven't invested in this failure. It was clear from the moment that they promised full BTC refunds that something is fishy. Now the real question is who burned more money? BFL or HashFail? Who do you think wins here? |
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51 bitcoins were worth $6800 at the time of purchase, but since they would be worth some other amount when a refund became due, you get more or less btc on a pro rata basis. I'm sorry you are still clinging to an invalid interpretation, even though its been debunked. There is a good reason no court in the US would ever agree with your interpretation. The reason is that you are a a stupid dumbass trying, but failing, to be cute. The first board rev used a flawed design, but the chip works fine. You are not using the term 'design flaw' correctly. This isn't hard. You can understand this. Cara stated clearly in the e-mail. If product doesn't ship you get 51 bitcoins. She never mentioned anything about $6800 or exchange rate or dollar or fiat or anything. Now I don't know why that e-mail didn't held in court but if a company tells me that they will refund 51 bitcoins I expect 51 bitcoins. Note that the statement wasn't "full refund" or anything like that. It was pure 51 bitcoins with no mention whatsoever of the exchange rate. |
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The only people trying to exploit this unfortunate situation are the ones demanding windfalls at HF's expense.
Stop with the windfall crap. Cara, a HashFail representative, explicitly said that if the miner doesn't ship the customer gets his full 51 bitcoins back. There is no windfall in that statement. It's pure and clear! Converting that much clean power in such a small area is no small engineering challenge.
Sound like a fatal design flaw. Exactly! |
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