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Author Topic: HashFast announces specs for new ASIC: 400GH/s  (Read 875519 times)
allinvain
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July 15, 2014, 12:43:48 AM
 #10081

I just received in the mail a document which appears to be from the Chairman for the Official Committee of Unsecured Creditors. It proposes the hiring of a particular legal firm. I just wanted to check with you all to make sure this is legit. Also since I received this document can I assume that I am actually on the creditors list? (I will still check with PACER once my registration info arrives in the mail)



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July 15, 2014, 01:00:29 AM
 #10082

So can you believe that Eduardo was bragging about buying back all of hf for a mere 5 million dollars through a Venuzuelan company/front, letting the creditors bicker and fight over it, while he got all the chips and is hashing.   HA HA HA.  He would have screwed his customers to the very end, raking in millions while they keep on exhausting themselves in endless legal battles...  what a fucked up and sad episode for bitcoin...   Shocked
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July 15, 2014, 01:37:23 AM
 #10083

I just received in the mail a document which appears to be from the Chairman for the Official Committee of Unsecured Creditors. It proposes the hiring of a particular legal firm. I just wanted to check with you all to make sure this is legit. Also since I received this document can I assume that I am actually on the creditors list? (I will still check with PACER once my registration info arrives in the mail)
Can you post a scan of the document or PM it to me?   The chairman of the committee did not mail anything suggesting any law firm and the committee voted a couple weeks ago appointing a lawyer to represent creditors so this does not make sense.  You can see that a few pages ago in this thread.  Perhaps you are misinterpreting it.  Please post or PM me the letter and I will tell you what it means.

                                                                               
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July 15, 2014, 01:58:19 AM
 #10084

I just received in the mail a document which appears to be from the Chairman for the Official Committee of Unsecured Creditors. It proposes the hiring of a particular legal firm. I just wanted to check with you all to make sure this is legit. Also since I received this document can I assume that I am actually on the creditors list? (I will still check with PACER once my registration info arrives in the mail)
Can you post a scan of the document or PM it to me?   The chairman of the committee did not mail anything suggesting any law firm and the committee voted a couple weeks ago appointing a lawyer to represent creditors so this does not make sense.  You can see that a few pages ago in this thread.  Perhaps you are misinterpreting it.  Please post or PM me the letter and I will tell you what it means.

    Baker did send out the motion to hire them to all of the creditors which contained a statement to the court from the committee chair stating why the committee selected Baker.  I got that a few days ago.
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July 15, 2014, 02:05:22 AM
 #10085

So can you believe that Eduardo was bragging about buying back all of hf for a mere 5 million dollars through a Venuzuelan company/front, letting the creditors bicker and fight over it, while he got all the chips and is hashing.   HA HA HA.  He would have screwed his customers to the very end, raking in millions while they keep on exhausting themselves in endless legal battles...  what a fucked up and sad episode for bitcoin...   Shocked

    The creditors aren't bickering or fighting over anything.  The committee representing the creditors is very much unified in holding the people responsible for this mess accountable.  Further more Eduardo might be bragging but he is just as full of shit as when he said Hashfast was going to deliver by October.  That is to say; there is zero truth to your comment HashingHarry.
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July 15, 2014, 02:07:31 AM
 #10086

So can you believe that Eduardo was bragging about buying back all of hf for a mere 5 million dollars through a Venuzuelan company/front, letting the creditors bicker and fight over it, while he got all the chips and is hashing.   HA HA HA.  He would have screwed his customers to the very end, raking in millions while they keep on exhausting themselves in endless legal battles...  what a fucked up and sad episode for bitcoin...   Shocked

    The creditors aren't bickering or fighting over anything.  The committee representing the creditors is very much unified in holding the people responsible for this mess accountable.

This is better then the norm and good news. Thanks.
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July 15, 2014, 02:08:10 AM
 #10087

So can you believe that Eduardo was bragging about buying back all of hf for a mere 5 million dollars through a Venuzuelan company/front, letting the creditors bicker and fight over it, while he got all the chips and is hashing.   HA HA HA.  He would have screwed his customers to the very end, raking in millions while they keep on exhausting themselves in endless legal battles...  what a fucked up and sad episode for bitcoin...   Shocked
More like a bunch of scammers are running very scared right now because they are starting to realize that lying under oath in a federal case gets prison 100% of the time.    Even that 87 year old woman did time for lying to federal investigators (not even a court).     Guess you are getting a little nervous huh?   Thought this would just all go away?   Too bad.   The truth will come out and people who embezzled money will lose everything including their freedom.

                                                                               
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July 15, 2014, 02:18:04 AM
 #10088

I just received in the mail a document which appears to be from the Chairman for the Official Committee of Unsecured Creditors. It proposes the hiring of a particular legal firm. I just wanted to check with you all to make sure this is legit. Also since I received this document can I assume that I am actually on the creditors list? (I will still check with PACER once my registration info arrives in the mail)
Can you post a scan of the document or PM it to me?   The chairman of the committee did not mail anything suggesting any law firm and the committee voted a couple weeks ago appointing a lawyer to represent creditors so this does not make sense.  You can see that a few pages ago in this thread.  Perhaps you are misinterpreting it.  Please post or PM me the letter and I will tell you what it means.

As pmorici says, the document is from Baker, so I don't think there is a need to scan it (there is a LOT of pages there).

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July 15, 2014, 09:48:36 AM
 #10089

Audio from the Hashfast meeting of creditors, Simon and Monica testifying for 3.5 hours under oath.

I've molested myself through listening to (almost) all of this. If I've understood it correctly, all really valuable intellectual property (chip design) is held by separate company, HashFast LLC, which rented it for a fee to HashFast Technologies, which collected the money and organized the production. Even if HashFast Technologies get's in the hands of the creditors, we only get the stash of already produced chips to sell them and divide the money from that sale, and Eduardo + Simon keep the control of the other company, HashFast LLC, and can do with the chip design whatever they want. Is this the correct understanding of what is happening?

   
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zXLR | XLR | SINCE MARCH 2017
 

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July 15, 2014, 10:52:13 AM
 #10090

We will get our hands on the Delaware LLC.
One of the most interesting parts was the new board (and substrate) design, that would allow for a pricing of less than half of the current in hand cost of 0.78$/GH. 0.30$/GH is probably around or lower than the production cost Chinese products have.

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
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July 15, 2014, 12:46:36 PM
 #10091

Audio from the Hashfast meeting of creditors, Simon and Monica testifying for 3.5 hours under oath.

I've molested myself through listening to (almost) all of this. If I've understood it correctly, all really valuable intellectual property (chip design) is held by separate company, HashFast LLC, which rented it for a fee to HashFast Technologies, which collected the money and organized the production. Even if HashFast Technologies get's in the hands of the creditors, we only get the stash of already produced chips to sell them and divide the money from that sale, and Eduardo + Simon keep the control of the other company, HashFast LLC, and can do with the chip design whatever they want. Is this the correct understanding of what is happening?

You understand Hashfast's opinion on the matter correctly, yes.  That doesn't mean they are correct though, patience, patience.
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July 15, 2014, 01:02:19 PM
 #10092

simon barber needs to go to prison. I hope his veneuluzan house burns down to with him in it.
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July 15, 2014, 02:12:34 PM
 #10093

simon barber needs to go to prison. I hope his veneuluzan house burns down to with him in it.
go away.   stop spreading hate and lies.    If you had any facts, you would post them instead of making new accounts to spread bs.

                                                                               
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.◆ ◆ ◆ ONE TOKEN TO MOVE ANYTHING ANYWHERE ◆ ◆ ◆.
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Minor Miner
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July 15, 2014, 02:15:00 PM
 #10094

Audio from the Hashfast meeting of creditors, Simon and Monica testifying for 3.5 hours under oath.
I've molested myself through listening to (almost) all of this. If I've understood it correctly, all really valuable intellectual property (chip design) is held by separate company, HashFast LLC, which rented it for a fee to HashFast Technologies, which collected the money and organized the production. Even if HashFast Technologies get's in the hands of the creditors, we only get the stash of already produced chips to sell them and divide the money from that sale, and Eduardo + Simon keep the control of the other company, HashFast LLC, and can do with the chip design whatever they want. Is this the correct understanding of what is happening?
You understand Hashfast's opinion on the matter correctly, yes.  That doesn't mean they are correct though, patience, patience.
If Hashfast LLC, actually owned the intellectual property, it would have had to have been funded by EQUITY dollars of the investors with enough money to fully pay for that IP.    I highly doubt it was.   It is more likely that the creditors of Hashfast Technologies funded it and there is no judge in the world that would see these as separate.    This is not a worry.

                                                                               
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.◆ ◆ ◆ ONE TOKEN TO MOVE ANYTHING ANYWHERE ◆ ◆ ◆.
▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁
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July 15, 2014, 02:30:55 PM
 #10095


was this taken down?  I only listened to the first 1/3.  anyone still have it?

1jimbitm6hAKTjKX4qurCNQubbnk2YsFw
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July 15, 2014, 02:32:51 PM
 #10096

simon barber needs to go to prison. I hope his veneuluzan house burns down to with him in it.
go away.   stop spreading hate and lies.    If you had any facts, you would post them instead of making new accounts to spread bs.

Please post facts about how im "making new accounts to spread bs."

Curb your attitude you asshole. I will say whatever I want on this subject because I am owed money just like you. So take your self absorbed rightious ass elsewhere. Dickhead.

I have nothing but hatred for simon barber and the hashfast team. And that is my right.
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July 15, 2014, 02:40:28 PM
 #10097

Please post facts about how im "making new accounts to spread bs."

Curb your attitude you asshole. I will say whatever I want on this subject because I am owed money just like you. So take your self absorbed rightious ass elsewhere. Dickhead.

I have nothing but hatred for simon barber and the hashfast team. And that is my right.

Grow up.
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July 15, 2014, 03:49:06 PM
 #10098


was this taken down?  I only listened to the first 1/3.  anyone still have it?

It was to popular so Dropbox rate limited it.  If anyone has a server they can post it on I'd be happy to get them the file but I don't have a good place to host this.
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July 15, 2014, 03:55:58 PM
 #10099

Open a video editor, use it as a soundtrack and upload it on YouTube. I cant upload anything safely right now (if someone provided a temp link I would wget it to hashfast.org).

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
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July 15, 2014, 06:24:47 PM
 #10100

I am at the US Trustee's office for the continued 341a hearing. Our lawyer scared Simon so much last week that he is refusing to appear. He and Eduardo are hiring personal lawyers.  Interestingly, Simon has hired a lawyer Ray Gallo aggressively pushed the committee to select.
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