HashFast has proved to be able to ship at least 4 completely working units to IceDrill, see their thread for more info.
If they can make 4 perfect units, there are not many reasons for them not being able to do 400, given their claims to have chips in hand (email: http://hashfast.org/Email/31_December_2013) ready for ... Well, for a lot of miners.

I've calculated the 50% loss basing on a 5 board delivery per BJ and an hashrate per board of 550GH/s (and an avg of 90%/month of difficulty increases, the default now at mining.tgb)
However since that HF should start shipping sometime like today for that to happen, we are talking about dreams.

So guys, Re: What does Several means:




4 sierras, working, and at least 8 empty racks waiting to be filled.

So i think that we can now start to believe that HF has the hardware ready to go. And that maybe they could have something to do with the last difficulty increase. And that maybe it means that they are mining 1000 BTC per day, and it's a good enough reason not to give a duck about your customers anymore. Yet, the penal side of things will make them act straight, instead of keeping the hardware for themselves and issue USD refunds to everyone (but maybe they could do it with batch 4).

I'm just going to add another thing to the discussion.

The MPP. If they delivered the MPP __before__ the end of the month, to batch 1 customers, along with the original order, exactly like they said that maybe they would have done, they would kill the majority of the liabilities they are facing, because batch 1 customers would be looking at an almost acceptable loss, it being 50%. Gallo will be taking 40% of what he is able to recover. That would for example instantaneously kill all of the claim of his customers, that could be in the million(s?) dollar range.

I personally wouldn't accept it, because they are scammer and all, i would need some real guarantees. But it could be as simple as that.

They are real idiots if they think that ignoring us and sending us USD refunds instead of the promised hardware or the promised refund will save them. And they are real idiots again if they think that trying to kill the company will stop us.

I've spent months saying this, i've spent months being pointed at like the one that makes things up, "you are not even gonna pay for the lawyer, come on". Now i will spend months making shit real for HF.

Because it's just the right thing to do.

It's the 16th of January here. They didn't even tried to contact my lawyer, a possibility that i was rating at 5%. Let's see how they ignore me during the next steps.

There are many things we can find HF guilty of, so it won't be a problem to have an award with what we deserve from the arbitrator. After that they will probably decide that they don't want to pay, and we will do whatever necessary to have what we deserve, or equivalent, out of their three companies (probably more?).

If that fails too, we will have lost a bit of money for the bigger cause. And in that case we will try, i have no idea of how, but i at least will try, to have the state go after them for the fraud they committed. The legal system after all is there for this reason, and it's just fair.

There must be a reason if the only report of HF employee leaving the company we have is... From the one that was studying law. Right? Smart girl...

PS: and if i die in a car accident before that i guess that it being a verifiable fact, the community will run the second part of my plan, the one that has to do with the state and the frauds.

Since that we purchased miners and they proved to have them working, and possibly metric tons of them working, i think that the majority of us would welcome a fair amount of hashing power at a definite moment in time instead of the deserved refund.

http://www.thefreedictionary.com/several

(we have better things to do, right?)

Come on, he was just trolling... How is it that being a non english the trolling attempt is even more evident to me?
Ok, he was serious. The seven thing i mean. facepalm.

I hate to defend HF and related, but "several" is a good datapoint if you ask me. It's several. It's not 3, it's not 100, it's several.

Anyone but a scammer and a mining company that didn't even bother taking pictures of the first sierra, right?

Don't know, but you could be right.

I think that we should all write a book about how HF changed us...
But how is that a scam? Their shares aren't trading, are you saying that they are buying time for HF?

Just two posts above yours. It wasn't from will, sorry.

Icedrill's thread isn't incredibly long. Look for the last posts of will.

Icedrill is claiming to have received working prototypes working perfectly in mass, like 5+.

So they better start shipping batch 1 right now.

Give or take one week to ship the whole batch 1 and 2. Give or take one week for all of the units in batch 1 and 2 to arrive.

They should announce to have started shipping today.

And someone doing 1000 BTC per day.

How long do they have before they miss the batch 2 deadline as well? They will need to start shipping batch 1 in what, 5 days top? Maybe even today?

Wondering...

If someone wants to met their lawyer:
http://www.youtube.com/watch?v=ESlqyC1evLg

So they used this imaginary castro street as your very shipping address?  
(if it's arriving in EU one day later, they are using international priority, not international economy, whatever the meaning of that)

Isn't the arbitrator(s) chosen between a common pool of possible arbitrators agreed between the parties? Why are you contacting a single arbitrator? Just for some suggestions on how to proceed?

Have a nice 15th of January everyone!

Yes, HF's lawyer would be a problem. He has a good reputation.