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2081  Bitcoin / Hardware / Re: EMPBitcoin 2TH/s Miner - Escrow Only on: April 01, 2014, 07:32:34 AM
At 0.5 w/gh this would be the most efficient miner available as of now.

Website looks pretty scammy.

Anyways pics or bs.

SpondooliesTech Hammer Chip? 0.58 w/gh? https://bitcointalk.org/index.php?topic=521520.0
2082  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: April 01, 2014, 07:31:29 AM
Note to self,
When dealing with Bitcoin Hardware Manufacturers and/or Pre-orders in the BitCoin Community, remind self to "OBLIGATE" individual(s) behind the company [or sale] to agree to a contract that binds them to a specific liability.

Remind self that this is an extra measure of safety in case of default or bankruptcy.

===================

If they fail in their company, then we sell off everything their employees own [under contract?] and saddle them with perpetual lifelong debt.

Escrow?
2083  Other / Meta / Re: Josh from BFL is bribing his forum members to leave negative feedback here!!! on: April 01, 2014, 07:19:34 AM
Quote
03-31-2014, 11:37 AM #24
Pokokohua!  

Done for today. This takes serious time, 1 post per 6 minutes max! Too bad a lot of folks just don't get the point, that feedback system is a joke.

https://forums.butterflylabs.com/announcements/8203-win-butterfly-labs-imperial-monarch-3.html#post79200


This guy isn't even eligible for the contest and is still posting negative trust on people. Logic is lost on this guy. He can't even win the miner as he is ineligible.

https://bitcointalk.org/index.php?action=trust;u=90768 Pokokohua!
2084  Other / Meta / Re: Josh from BFL is bribing his forum members to leave negative feedback here!!! on: April 01, 2014, 07:15:00 AM
They still can't beat TradeFortress's negative record!

LOL! Race to the bottom.
2085  Other / Meta / Re: Josh from BFL is bribing his forum members to leave negative feedback here!!! on: April 01, 2014, 07:00:51 AM
Where are the Monarchs? 13 months later. If you want to leave negative feedback on BFL, Inaba or BFL_Josh then that alone for those who pre-ordered is one you could easily leave REAL negative trust. Why not negative feedback on the FPGAs being late or the 65nm products as well? What is wonderful about the foolishness of BFL in this regard is that they finally got the trust ratings they actually deserve for the "economics of enslavement" that BFL employ.

https://bitcointalk.org/index.php?topic=262052.msg6004126#msg6004126
2086  Bitcoin / Hardware / Re: [Guide] Dogie's Comprehensive Manufacturer Trustworthiness Guide on: April 01, 2014, 06:44:26 AM
Might want to add a new metric

HF decides to screw their customers at every opportunity they get. Why?

Simple answer?  They're broke.  They have chips they've paid for, but they do not have the capital to manufacture and ship complete miners... That's my guess anyways.

They obviously did not have a good plan given all of their failures.

Scammers will scam.

Everybody is entitled to their own interpretation, but I will say this: There is a strong incentive to play bankrupt as long as the statute of limitations keeps their effective liability intact. HashFast draws from a horrific playbook which is somewhat related to the economics of enslavement.

It all starts when you transfer money (something of real value) towards them in exchange for a future commitment. This future commitment gets transformed into something the customer has to "chase", which requires more time and effort and thus degrades their full liability towards an effective liability. They can do that because customers are human beings with a limited amount of time and persistence, and also because there are legal frameworks which allow them to make the hunt very cumbersome and limit the timescale for potential damages. Of course it also helps if the object of the hunt looks undesirable, like in a case of a possible bankruptcy.

It follows that the difference between the full liability and effective liability is an additional profit margin to their business. This is a form of windfall profit they can engineer themselves and thus they do. It still has to be revealed whether they are using that profit margin on top of the one from producing mining equipment or as a replacement. Time will tell.

Question which of these fabricators employ such horrific tactics?


ASICMiner   
Bitmain   
Bitfury   
KNC
Avalon   
CoinTerra   
Lightning ASIC   
SpondooliesTech   
Black Arrow   
Hash Fast   
BitMine   
VMC   
BFL
Drillbit   
Redhash   
Technobit   
BPMC (Dissolved)
One String Miner
Starfire X   
AMT   


Might want to add that to any metric measuring the trustworthiness of a company. https://bitcointalk.org/index.php?topic=456691.0

Anyone want to complete the table?

Employ Economics of Enslavement                                                                   Free of Economics of Enslavement

BFL                                                                                                                   KNC
HashFast                                                                                                           One String Miner
                                                                                                                        Bitmain
                                                                                                                        BPMC (Dissolved)
2087  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: April 01, 2014, 06:33:00 AM
Is there any clear evidence around that makes that statement a lie? A receipt maybe?

http://www.deanslyons.com/PDFs/2014-03-25-Plaintiff-s-First-Amended-Petition.pdf

The complaint to the court is on the lawyers website and explains what happened pretty clearly.  It has invoices attached.

Thanks I knew that it was probably documented I just wanted it posted here so that people can see what Hash Fast says is pretty much a lie.
2088  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: April 01, 2014, 06:31:58 AM
HF decides to screw their customers at every opportunity they get. Why?

Simple answer?  They're broke.  They have chips they've paid for, but they do not have the capital to manufacture and ship complete miners... That's my guess anyways.

They obviously did not have a good plan given all of their failures.

Scammers will scam.

Everybody is entitled to their own interpretation, but I will say this: There is a strong incentive to play bankrupt as long as the statute of limitations keeps their effective liability intact. HashFast draws from a horrific playbook which is somewhat related to the economics of enslavement.

It all starts when you transfer money (something of real value) towards them in exchange for a future commitment. This future commitment gets transformed into something the customer has to "chase", which requires more time and effort and thus degrades their full liability towards an effective liability. They can do that because customers are human beings with a limited amount of time and persistence, and also because there are legal frameworks which allow them to make the hunt very cumbersome and limit the timescale for potential damages. Of course it also helps if the object of the hunt looks undesirable, like in a case of a possible bankruptcy.

It follows that the difference between the full liability and effective liability is an additional profit margin to their business. This is a form of windfall profit they can engineer themselves and thus they do. It still has to be revealed whether they are using that profit margin on top of the one from producing mining equipment or as a replacement. Time will tell.

Question which of these fabricators employ such horrific tactics?


ASICMiner   
Bitmain   
Bitfury   
KNC
Avalon   
CoinTerra   
Lightning ASIC   
SpondooliesTech   
Black Arrow   
Hash Fast   
BitMine   
VMC   
BFL
Drillbit   
Redhash   
Technobit   
One String Miner
Starfire X   
AMT   


Might want to add that to any metric measuring the trustworthiness of a company. https://bitcointalk.org/index.php?topic=456691.0

Anyone want to complete the table?

Employ economics of enslavement                                                                   Do not employ economics of enslavement

BFL                                                                                                                   KNC
HashFast                                                                                                           One String Miner
                                                                                                                        Bitmain


2089  Bitcoin / Hardware / Re: The Wasp Project Collective Information thread. on: April 01, 2014, 04:33:14 AM
After our latest meeting the WPC has added a new ASIC based Wasp to the design fold which we will keep under our hats for now. We are also working on a standalone variant board called the "Hornet" so you do not need to use the Hive. More details to follow. We have also discussed reopening membership and it looks like that will happen this month and we will open up a form for people to submit their interest in joining. Then we will set a payment gateway allowing a limited number of people to join the WPC. We will be contacting those who were interested in the Wasp for production soon to gauge interest in our new ASIC based Wasp or Hornet offerings.

Results from the meeting:

WPC to buy a large number of New ASIC chips and payment will be made before mid-April.
WPC to enlarge the Wasp & Hive share buy to include expanded production of these new chips arriving after production is complete.
WPC to receive a sample lot sufficient to fabricate variants of the Wasp / Hornet.
WPC to work out a new timeline for these Wasps / Hornets this week.
WPC to continue work on the A1, BF2 and AM BE200 Wasp per new timeline determined this week.
WPC to work in conjunction with a limited number of interested producers to share the production run.
WPC to contact those fabricators who showed interest previously regarding the new chips production run.
WPC to add more members this month and continue to source EEs in firmware, software and hardware beyond the open membership drive.
2090  Bitcoin / Hardware / Re: Official BITMINE CoinCraft series 28nm ASIC miners thread on: April 01, 2014, 04:17:41 AM
Hmm, a lot of angry CoinDesk customers.

Maybe it is time to let the grand public know. Will sleep on it.


PS: I'm sorry, did I say CoinDesk? I meant CoinCraft desk...
and you are from? ny times?

Hehe,

someone who bought from Bitmine, HashFast, Black Arrow, Cointerra, KnCMiner, VMC and Alpha Technology for hardware AND vendor reviewing purposes...



Guys - donīt be so sceptical just because someone has newbie status. The few stars on the left only tell about frequency of posting not the quality. He knows more hardware vendors than most of us ;-)

And yes - HWReviewer - I would be glad to see an honest review being done by you.


http://www.coindesk.com/mining-hardware-companies-miners-roundup/
wow

No BFL? Why is that? Oh Right they will never get the Monarch to market so he didn't bother dropping more COIN them.
2091  Other / Off-topic / Re: What is your Wish? on: March 31, 2014, 11:27:46 PM
BFL goes out of business.
2092  Bitcoin / Hardware / Re: Technobit Hex16a died this morning on: March 31, 2014, 11:24:02 PM
I am sorry for your loss.
2093  Bitcoin / Hardware / Re: {BFL} Newbies PLEASE READ! ~ Least reliable ASIC company? on: March 31, 2014, 11:06:12 PM


I'd prefer if you have done biz with me before that you leave me feedback. Thanks. I'd prefer not to skew the trust rating I have positive or negative because of BFL's negligent behavior.

Got it Smiley


Thank you for the thought and having my back I appreciate that LittleD.
2094  Other / Meta / Re: Josh from BFL is bribing his forum members to leave negative feedback here!!! on: March 31, 2014, 11:02:10 PM
Disgusting. Something about bitcoin brings out the inner crooks in people. Hope some justice is served here.

The best justice that could be served. TRO on his BTC wallets so that people asking for refunds can get paid. Here is hoping that someone learned from those that are trying to do that to HASHFAST accounts and applies it to BFL. The only justice here would be for BFL to fold after they pay back what they took from hardworking people.
2095  Other / Meta / Re: BFL bringing down the trust rating? on: March 31, 2014, 10:53:39 PM
I would prefer not to receive any POSITIVE trust ratings as a result of this insanity. Please do not ask people to post positive trust for my account. I would rather EARN the trust as a result of my dealings with individuals. Please if you can LittleD remove me from that list in your posts. Nothing is solved by gaming the system to counter BFL's BS.

What really needs to happen is Inaba, BFL and BFL_Josh need to have a ban. For what amounts to a spam attempt on the trust system. Even though only 3 people have taken them up on their offer as I guess there are only 3 people on their website the intent was there to FLOOD the system with spam trust. You ban others from this forum for sending PM's you should reward Josh and BFL the same way. Give them a 30 day rest away from the forum for the attempt.

2096  Bitcoin / Hardware / Re: {BFL} Newbies PLEASE READ! ~ Least reliable ASIC company? on: March 31, 2014, 10:44:12 PM


I'd prefer if you have done biz with me before that you leave me feedback. Thanks. I'd prefer not to skew the trust rating I have positive or negative because of BFL's negligent behavior.
2097  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: March 31, 2014, 04:26:21 PM
https://twitter.com/HashFast/status/450658156750704640
Posted from Bitcointa.lk - #dQ75s1cIhT76F5z5

Code:
A plaintiff that never purchased any products from Hashfast Technologies
was granted a TRO from the Tarrant County District Court, Texas.

Is there any clear evidence around that makes that statement a lie? A receipt maybe?

It uses the word "purchased". Did cypher ever obtain anything of value from hashfast?

pur-chased:

Quote
to acquire by the payment of money or its equivalent; buy.

http://dictionary.reference.com/browse/purchased?s=t

I haven't "purchased" anything from hashfast either by that definition.

In other news, the word "is" has been redefined once again by the greatest legal minds of our generation.



LOL Classique!
2098  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: March 31, 2014, 04:14:12 PM
LAUGHABLE.

These guys and the semantics. If you are that slick and trying to wiggle out then good luck getting the money.
2099  Bitcoin / Hardware / Re: {BFL} WHAT! :( Butterfly Lads won't deliver the Monarch Till March or April:( on: March 31, 2014, 04:12:21 PM
You guys miss the point

They're already mining with Monarch cards (ramping up to fill all their hosting space). Once they're happy with the income, they will start shipping out Monarch cards (new batches) to the customers...... WHILE selling chips to third parties.... Also attract more suckers thro upgrades and chips credits (even call some to offer 25% on the next purchase).

This is the best way of making money, double triple stab the customers



Evidence? Got some insider whistle blower info?
2100  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: March 31, 2014, 04:08:04 PM
https://twitter.com/HashFast/status/450658156750704640
Posted from Bitcointa.lk - #dQ75s1cIhT76F5z5

Code:
A plaintiff that never purchased any products from Hashfast Technologies
was granted a TRO from the Tarrant County District Court, Texas.

Is there any clear evidence around that makes that statement a lie? A receipt maybe?
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