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Author Topic: HashFast announces specs for new ASIC: 400GH/s  (Read 864805 times)
joshv06
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November 08, 2013, 10:56:03 PM
 #2661

Hi all!

Check out the latest blog post on the HashFast website: https://hashfast.com/silicon-in-silicon-valley/.

Cheers,

The HashFast Team

When will we get out Baby Jets?


 
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j03
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November 08, 2013, 10:58:55 PM
 #2662

Volume just means non-prototype.  The article I linked to was a month old.  There are plenty of similar ones only days old.  The number of 20nm designs for the entire year is a couple dozen.  Did KNC secure one of those coveted slots I doubt it given the number of industry giants who likely will be excluded from 20nm in 2014.  

Still your first claim was:
Quote
KNC also looking to come out with their 16/20nm miner around March 2014.

I think we can agree
a) KNC said nothing of the such
b) March isn't even a possibility for 20nm.
c) 2014 isn't even a possibility for 16nm.

I put money on 2015 at the earliest you may disagree but at least you admit than any 1620nm in March sometime in 2014 is your assumption not a statement by KNC.

The most recent information on KnC and < 28nm is in the 5th paragraph of their latest news update.

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November 08, 2013, 11:02:08 PM
 #2663

Volume just means non-prototype.  The article I linked to was a month old.  There are plenty of similar ones only days old.  The number of 20nm designs for the entire year is a couple dozen.  Did KNC secure one of those coveted slots I doubt it given the number of industry giants who likely will be excluded from 20nm in 2014.   

Still your first claim was:
Quote
KNC also looking to come out with their 16/20nm miner around March 2014.

I think we can agree
a) KNC said nothing of the such
b) March isn't even a possibility for 20nm.
c) 2014 isn't even a possibility for 16nm.

I put money on 2015 at the earliest you may disagree but at least you admit than any 1620nm in March sometime in 2014 is your assumption not a statement by KNC.

The most recent information on KnC and < 28nm is in the 5th paragraph of their latest news update.

Yeah that is what we were discussing already. 
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November 08, 2013, 11:03:23 PM
 #2664

Check out the latest blog post on the HashFast website: https://hashfast.com/silicon-in-silicon-valley/.

So you got the wafers, 11-21 days after your promised shipping date, and all the while you have been saying the silicon wafer production was "on track".
The substrate issue aside, how did you ever expect to ship those miners 2 weeks before getting silicon?
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November 08, 2013, 11:20:56 PM
 #2665

Volume just means non-prototype.  The article I linked to was a month old.  There are plenty of similar ones only days old.  The number of 20nm designs for the entire year is a couple dozen.  Did KNC secure one of those coveted slots I doubt it given the number of industry giants who likely will be excluded from 20nm in 2014.   

Still your first claim was:
Quote
KNC also looking to come out with their 16/20nm miner around March 2014.

I think we can agree
a) KNC said nothing of the such
b) March isn't even a possibility for 20nm.
c) 2014 isn't even a possibility for 16nm.

I put money on 2015 at the earliest you may disagree but at least you admit than any 1620nm in March sometime in 2014 is your assumption not a statement by KNC.

The most recent information on KnC and < 28nm is in the 5th paragraph of their latest news update.

Yeah that is what we were discussing already. 

Sure you were bub.

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minternj
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November 08, 2013, 11:28:11 PM
 #2666

So whats the update on refund? I dont see them meeting their next deadline and want a refund? How much BTC are we losing because they lied? If they said end of year shipment or late nov I would of never would think about buying a babyjet...  end of oct was a risk but why would a customer take a loss when a company is gonna make millions without even shipping a product?

I'm sure they wouldn't have sold out batch one if they said delivery at mid December. I'm really annoyed, and in the same camp as you. We were deliberately lied to. I don't think they ever were on track for October shipping judging by what progress they have made so far.

Warning about Nitrogensports.eu
https://bitcointalk.org/index.php?topic=709114.0
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November 08, 2013, 11:28:27 PM
 #2667

Volume just means non-prototype.  The article I linked to was a month old.  There are plenty of similar ones only days old.  The number of 20nm designs for the entire year is a couple dozen.  Did KNC secure one of those coveted slots I doubt it given the number of industry giants who likely will be excluded from 20nm in 2014.   

Still your first claim was:
Quote
KNC also looking to come out with their 16/20nm miner around March 2014.

I think we can agree
a) KNC said nothing of the such
b) March isn't even a possibility for 20nm.
c) 2014 isn't even a possibility for 16nm.

I put money on 2015 at the earliest you may disagree but at least you admit than any 1620nm in March sometime in 2014 is your assumption not a statement by KNC.

The most recent information on KnC and < 28nm is in the 5th paragraph of their latest news update.

Yeah that is what we were discussing already. 

Sure you were bub.

Glad you agree.  Now you are all caught up.
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November 08, 2013, 11:53:15 PM
 #2668

Hey all!

Check out the latest blog post on the HashFast website: https://hashfast.com/silicon-in-silicon-valley/.

Cheers,

The HashFast Team
Bad news only by email and forum, marketing on your blog.
Makes sense.

Listen, you should have received the silicon one month ago. Only that way you would have been in line with your shipping deadlines.

What are you gonna do with TSMC for not having respected their deadlines?

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
gjpminingco
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November 09, 2013, 01:30:57 AM
 #2669

I think the Main Problem is this



1. People who Bought A unit and the Miner Protection Program are not thinking clearly, that even with this Delay and with the HUGH increase in the DIFF they are not thinking what it actully means..................... That you should be getting MORE GH/s then you Paid for as

......
Miner Protection Program

For those of you covered under the Miner Protection Program™ (https://hashfast.com/miner-protection-program/), this delay will not affect the starting point from which benefits are calculated. For First Batch Baby Jets, the start date of the program will be retroactive to October 30th. We want to make sure a delayed ship date does not reduce the value of the program.
.......
- The HashFast Team
[/quote]

this is also a DIRECT QUOTE FROM HASHFASTS MPP PAGE
"  Example 2 – You buy a Baby Jet for 50 BTC, and we ship it on October 25th.  January 23, 2014 comes and goes, and it turns out that at the Baby Jet’s nominal hashrate, it would only have generated 25 BTC during that 90 day period.  Calculated out, it would have taken an additional 400 Ghash/s of capacity shipped with your Baby Jet on October 25, 2013 to generate 50 BTC. We can’t go back in time to give you that 400Ghash/s. Instead, HashFast will double that and give you 800 Ghash/s in additional capacity. In this example, HashFast will give you two additional Golden Nonce ASICs, each with 400 nominal GHash/s. "

I wish people would read and fully understand a programs benefits before they whine and complain about a company running behind schedule because they choose not to release a sub-par product that would have just caused problems down the line, and that would have led to people just complaining about that.

I applaud them for catching the substrate problem and taking the time to fix it rather then just push ahead and release a inferior and defective product just to say they " shipped on time " I would rather wait for my product and know that i am getting a tried and true machine then one that will have to be RMA'd days after getting it

minternj
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November 09, 2013, 02:10:50 AM
 #2670


I wish people would read and fully understand a programs benefits before they whine and complain about a company running behind schedule because they choose not to release a sub-par product that would have just caused problems down the line, and that would have led to people just complaining about that.


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.

Warning about Nitrogensports.eu
https://bitcointalk.org/index.php?topic=709114.0
amer
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November 09, 2013, 02:13:18 AM
 #2671

I applaud them for catching the substrate problem and taking the time to fix it rather then just push ahead and release a inferior and defective product just to say they " shipped on time " I would rather wait for my product and know that i am getting a tried and true machine then one that will have to be RMA'd days after getting it

Why would that be applause worthy? They risk their entire business if they did that. Wow, they found a problem before it ruined their reputation permanently? That's the least you can do as a business owner. It's like applauding BP for acknowledging that it was going to take months to plug up the Deep Horizon well.

The complaint everyone has, in the many colorful ways it is coming across, boils down to "if you guys are as good as you claimed when you took orders, why did you promise a schedule that had such low tolerance for errors." It's not like this is the result of disaster after disaster - one thing went wrong and now we all feel stupid for not just "buy some BTC and hold onto it".

HashFast gets "applause" if something goes wrong and they STILL deliver on time. HashFast gets applause if we make more BTC than it cost. HashFast does not get applause for not being unethical.



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November 09, 2013, 02:15:47 AM
 #2672

I am not saying people are complaining about the MPP what i am saying is even if they are late anyone who Opted for the MPP is gonna really reap because of the MPP they are gonna be getting Extra Speed, I see countless posts where people are complaining that a company is behind schedule but i can tell you Chip design and everything that goes into making a miner is not easy ( VERY FAR FROM IT ) and Hashfast is the ONLY company out there to Upfront and Openly Offer anything close to the MPP, atlease they implemented this before anything so that incase things ran longer then expected they could make it up to their customers Unlike most of the Companies out there

Who dont give a crap now that they have your money

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November 09, 2013, 02:26:50 AM
 #2673

I applaud them for catching the substrate problem and taking the time to fix it rather then just push ahead and release a inferior and defective product just to say they " shipped on time " I would rather wait for my product and know that i am getting a tried and true machine then one that will have to be RMA'd days after getting it

Thank you for your keen understanding and continued support.

We will keep working very hard to earn that praise.   Smiley

"Bitcoin enables ordinary people to fight back, to avoid and evade snooping governments, which enact, use and abuse laws that allow them, without due process, to investigate, tax, control and seize privately owned assets."  -   Leon Louw

“We can say without equivocation that firms like MasterCard, Visa and the TBTF banks like JPMorgan and Goldman hate the idea of ever having to compete for business again. They have grown comfortable in their corrupt world of writing laws for themselves without any regulatory oversight. They enjoy the exorbitant privilege of bilking the American economy with extortionary transaction rates. They are scared of Bitcoin. And they should be. It offers transparency, cost efficiency and anonymity.” - Max Kaiser
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November 09, 2013, 02:32:12 AM
 #2674

Anytime


I will always be around to help people understand that even tho there was a Delay they need to look at this from the point of view of a buyer that picked the MPP with their unit ( i don't know why anyone wouldn't choose it ) it always pays off in the long run to always choose the miner protection programs ( and always worth the extra money )

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November 09, 2013, 02:40:23 AM
 #2675

Gp, I see you mean well but you really haven't been following the progress and hashfasts communications it seems. In hindsight the delayed tape-out was a sign that they were at least a month behind schedule even on the wafer production. They had to know, they touted that tsmc gave them daily updates.  why did they continue to tell us it was on schedule?

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November 09, 2013, 02:41:34 AM
 #2676

I am not saying people are complaining about the MPP what i am saying is even if they are late anyone who Opted for the MPP is gonna really reap because of the MPP they are gonna be getting Extra Speed, I see countless posts where people are complaining that a company is behind schedule but i can tell you Chip design and everything that goes into making a miner is not easy ( VERY FAR FROM IT ) and Hashfast is the ONLY company out there to Upfront and Openly Offer anything close to the MPP, atlease they implemented this before anything so that incase things ran longer then expected they could make it up to their customers Unlike most of the Companies out there

Who dont give a crap now that they have your money

Why do idiots capitalize every word they think is important?

ninjarobot
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November 09, 2013, 02:50:10 AM
 #2677

I will always be around to help people understand that even tho there was a Delay they need to look at this from the point of view of a buyer that picked the MPP with their unit ( i don't know why anyone wouldn't choose it ) it always pays off in the long run to always choose the miner protection programs ( and always worth the extra money )

You seem to be very sure of yourself. Please run the numbers in a mining calculator and then come back.
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November 09, 2013, 03:07:18 AM
 #2678

I am not saying people are complaining about the MPP what i am saying is even if they are late anyone who Opted for the MPP is gonna really reap because of the MPP they are gonna be getting Extra Speed, I see countless posts where people are complaining that a company is behind schedule but i can tell you Chip design and everything that goes into making a miner is not easy ( VERY FAR FROM IT ) and Hashfast is the ONLY company out there to Upfront and Openly Offer anything close to the MPP, atlease they implemented this before anything so that incase things ran longer then expected they could make it up to their customers Unlike most of the Companies out there

Who dont give a crap now that they have your money
I rarely saw such a warped interpretation of the MPP. The MPP is a way to protect customers against network growth. It is not an insurance against failure to deliver, nor is it intended to relieve the company from the obligation to be upfront with their customers.

The whole delay is a debacle, because their pricing scheme is so sensitive to shipping times. But Hashfast is not the first company to make that mistake [see https://bitcointalk.org/index.php?topic=251966.msg3364482#msg3364482].

However, the real blunder is that they kept advertising a shipping time they knew they couldn't fulfill. At that point what should have happened is to retroactively adjust prices and perform partial refunds. In fact that's what they should do right now.

The ASICMINER Project https://bitcointalk.org/index.php?topic=99497.0
"The way you solve things is by making it politically profitable for the wrong people to do the right thing.", Milton Friedman
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November 09, 2013, 03:08:43 AM
 #2679

Hmmm
Ok lets see


How about you run the numbers and Post them Based on the buy that includes the MPP and tell me your results


That is how sure i am
as I already have run the numbers and do to the MPP i would still break even on the ROI and everything after that is gravy

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November 09, 2013, 03:29:13 AM
 #2680

So you got the wafers, 11-21 days after your promised shipping date, and all the while you have been saying the silicon wafer production was "on track".

This is a valid question.

Although if HF ultimately does right to the MPP customers, perhaps it's moot.
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