The MPP only guarantees more hashing power (with a cap) it doesn't guarantee an positive ROI.  Guaranteeing a positive ROI would require the MPP to offer unlimited additional hashrate and it clearly indicates it is capped at 400%.  I am not happy about it but a judge (if you want to waste your money and potentially see the inside of the court room in 3-6 months) is going to take a neutral aproach to the reading.  Just because someone "could" be confused isn't the standard of proof.  HashFast could probably have been more "creative" with the language and still win in court.

I Agree.

CEO: http://www.linkedin.com/pub/eduardo-decastro/0/a/852

Not trying to troll, but it'd be more re-assuring to see some kind of a history on the CEO. What credentials does he have? Simon's got one:
http://www.linkedin.com/in/simonresume?trk=pub-pbmap

I guess both Simon & Eduardo founded Devicescape - http://devicescape.com/
Don't have much else. Seems like these guys are entrepreneurs, and good at that, but who are the ASIC engineers of the operation? Seems like Simon has an engineering background, but I don't see too much ASIC experience.

Simon's linked in says "I have experience working with hardware design, ASIC, FPGAs and microcontrollers. Building crypto accelerators, video accelerators and interfacing with the 'real world'." Elaborate?

Also, he says "hired team of world class ASIC front end designers". Who are these World Class ASIC front end designers? Let us know please.

Who's complaining about the mpp? Problem is there still isn't a product. Forget about the substrate, they just got the wafer for fucks sake. They straight out lied about shipping date.

Aside from the terrible use of English and bad formatting of the update, the key area is of course the substrate information.

"We’ve made key improvements to the design that can be incorporated even into those substrates that are already in manufacturing"

You have substrate in manufacturing and now realise you have an issue with it? Regardless you think you can modify those substrates with the 'improved' design.

"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."

And you didn't know this 2 days ago when I emailed asking for a shipping update. You didn't know this 2 weeks ago when you were 'on schedule' for October shipping.  

Most importantly you didn't know this 4 weeks ago when I placed a large order. But wait, what is this I see in your email?

"So for the last several weeks, we've been engaged with an additional team to work on an additional substrate"

Ahhh you did know! But knowingly lied to me about it.

So what it boils down to is this:

"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."

Where have I heard this before... that's right... 2 weeks ago.

In reality... you still have NO CONFIRMED SOLUTION and are allegedly working with two teams to try and save your ass and ship something before the end of December.

So the fact remains, you DO NOT have a working substrate and CAN NOT advise when you will thus have NO IDEA when you will ship.

But hey, at least you are building the best quality machine... that will be one hell of a paper weight by January.

I was there in a room with John, Amy and Erin. So yes, I do hope their word is worth something. Call me naive

There are a lot of people kicking themselves for not going for a KnC product, myself included.

Aren't I missing a button here?  Where's the "Start mining" button?  Shouldn't there be a "switch clocks" button to start?



I finally got it connected to two pools, and the "Uptime" counter has begun, so I think it's working.... How do I get it to mine?

Hello
 What im doing wrong here . Why is the efficiency so low ? 

Thanks
Hardhatmac
 
Total MHS:   00816
Received:   0000006216
Accepted:   0000000471
Per Minute:   011.13
Efficiency:   007.57%
Up Time:   0d,00h,42m,17s

Current Server: gbt.mining.eligius.st:9337
Chip: OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
IP   192.168.100.200
Mask   255.255.255.0
Gateway   192.168.100.1
WEB Port   8000
Primary DNS   192.168.100.1   
Secondary DNS   211.148.192.141
Ports   9337,9337
Server addresses   gbt.mining.eligius.st,gbt.mining.eligius.st
user:pass   

Yeah. Up until about the 18th, all the Hashfast people would post here. Now nothing..

Where are my 12 Baby Jets?..

I expressed to them when ordering that I was coming from 1.2 year wait at BFL. They kept telling me they're nothing like BFL, they're on schedule, blah blah. They seem more like BFL every day. With the Hashfast Baby Jet drawing, going silent, posting for ad space but not here, and generally their change of tone. They all seemed like good people on the phone, now they just refer me to the fine print TOS.

That's cool and all but whatever happened to them wanting their customers to succeed?

Interesting to read all the hate

 I preordered 4 Monarchs in first hour of sale time upgrading my 6 Singles from Sept 15th 2012.

With ASICS as with any investment, you shouuld only invest what you can afford to loose or you will stress out, that said, everyone always got a full refund from them which is not too bad for investment going bad lol

Also, everyone I know who did 1st day preorders with BFL got their equipment and mined at least 600% return on their initial cost which is nothing to complain about dispite them loosing the race due to production mistakes.

If anything,this whole bfl adventure has taught me that you gotta be there day 1-5 or max first week of preorders or you can forget about ROI.

 Your group buy is too late now so forget about it.  
Look at how many ppl already upgraded their Minirigs and Singles orders. You are now going to be months behind in the queue while something like 10-20TH are ordered on 17 and about same 18th, also you gotta consider that most people are waiting for banks to open to make wire payment or scooping up btc now. I think the market move in BTC this weekend is due to ppl buying up BTC to pay for their orders as banks are closed on the weekend.
My point is if you didnt buy it form them already then forget it  

Trying to get my time in to get in touch with KosmoKramer. Anyone else getting in on his second group buy tonight? Im trying to buy 5-6 Asic Miner Erupters for 1 BTC each!

Do you have any good contacts for cheap bulk erupters?