Bitcoin Forum
October 22, 2017, 05:08:11 AM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 [135] 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 ... 586 »
  Print  
Author Topic: HashFast announces specs for new ASIC: 400GH/s  (Read 865292 times)
amer
Full Member
***
Offline Offline

Activity: 168


View Profile
November 09, 2013, 03:47:30 AM
 #2681

anyone who Opted for the MPP is gonna really reap because of the MPP they are gonna be getting Extra Speed
Extra speed doesn't mean anything when difficulty is going up faster than the speed boost. You're getting double the speed to make up for a deficit after 90 days. There hasn't been a 90 day period where double the speed would have made up for the previous 90 days since March. Have you actually done the math here?

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
I will not deny that MPP is a clever approach to describing add-on upgrades, but it's not a customer service guarantee, it's a sales pitch.

So let's take a look at this story: "Here's 400GH/s - for an additional +60%, we will sell you somewhere between 0 and 1.6TH/s on top of that." Let's imagine that HashFast also could sell us a 640GH/s with no MPP for the same price as a 400GH/s unit WITH MPP for 60% more.

So for 90 days, you start off with 400GH/s with MPP or 640 GH/s without MPP. That is a 90 day headstart of 240GH/s while HashFast and its competition deploys Sierras and Babyjets to the world. After 90 days, if you beat the amount you paid for it then you just basically lost your bet. But if difficulty was so bad that it caused you not to even get your BTC back in 90 days, now, with this same difficulty that caused you to not make your money back in the first place, you have to make up for lost time?

You can call it whatever you want, but it's just a creative way to gamble 240GH/s x 90 days.

tips: 1amerApYUVjsKSuVUtfjxaoi7QXG7Zwao
1508648891
Hero Member
*
Offline Offline

Posts: 1508648891

View Profile Personal Message (Offline)

Ignore
1508648891
Reply with quote  #2

1508648891
Report to moderator
1508648891
Hero Member
*
Offline Offline

Posts: 1508648891

View Profile Personal Message (Offline)

Ignore
1508648891
Reply with quote  #2

1508648891
Report to moderator
1508648891
Hero Member
*
Offline Offline

Posts: 1508648891

View Profile Personal Message (Offline)

Ignore
1508648891
Reply with quote  #2

1508648891
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1508648891
Hero Member
*
Offline Offline

Posts: 1508648891

View Profile Personal Message (Offline)

Ignore
1508648891
Reply with quote  #2

1508648891
Report to moderator
1508648891
Hero Member
*
Offline Offline

Posts: 1508648891

View Profile Personal Message (Offline)

Ignore
1508648891
Reply with quote  #2

1508648891
Report to moderator
1508648891
Hero Member
*
Offline Offline

Posts: 1508648891

View Profile Personal Message (Offline)

Ignore
1508648891
Reply with quote  #2

1508648891
Report to moderator
gjpminingco
Sr. Member
****
Offline Offline

Activity: 350


Co-Owner Of DCMCo-Op Mining Farm at 3.5 th/s


View Profile WWW
November 09, 2013, 05:41:27 AM
 #2682

Amer you are way off on your figuring of the MPP it is laughable


why dont you reread the MPP and then actually think about it before posting such calculations and you will see you are WAY off on what you just posted

Nemesis
Sr. Member
****
Offline Offline

Activity: 462


View Profile
November 09, 2013, 06:26:23 AM
 #2683

About the MPP, do you fools actually think about "shooting yourself in the foot" ?

Why? ....


Well HF used PAST difficulty to credit you extra mining capacity that will effect the FUTURE difficulty

If after 90 days of shipping HF devices take up to 25% of the network, in the next 90 days that would be 50% extra mining added (assuming other vendors stop shipping)

This protection WONT help you. In fact its a sale tactic.

90 days after shipping, i bet their device will be less than 1/4 of the original price.


Forget all these noises, the only good parameter is $/GHs
User705
Hero Member
*****
Offline Offline

Activity: 728



View Profile
November 09, 2013, 06:36:05 AM
 #2684

The only good parameter is how early you get it.  The total lifetime BTC profit is extremely front loaded. 
gjpminingco
Sr. Member
****
Offline Offline

Activity: 350


Co-Owner Of DCMCo-Op Mining Farm at 3.5 th/s


View Profile WWW
November 09, 2013, 06:45:00 AM
 #2685

No Bottom line the MPP is there to make sure if NOTHING ELSE you atleast you earn what you paid for the miner back



that is what it is there for


can no one see that

they are not gonna pay or credit you extra speed so you can make a profit of $10,000 in the first 90 days, they Came up with the MPP as a way to make sure that you break even on your ROI in the First 90 days ( reguardless of the Diff and network speed ) plain and simple

Can no one understand that fact

ninjarobot
Hero Member
*****
Offline Offline

Activity: 756


Mine Silent, Mine Deep


View Profile
November 09, 2013, 06:48:04 AM
 #2686

No Bottom line the MPP is there to make sure if NOTHING ELSE you atleast you earn what you paid for the miner back



that is what it is there for


can no one see that

they are not gonna pay or credit you extra speed so you can make a profit of $10,000 in the first 90 days, they Came up with the MPP as a way to make sure that you break even on your ROI in the First 90 days ( reguardless of the Diff and network speed ) plain and simple

Can no one understand that fact

You are calculating ROI in USD. Since BJ's are paid for in BTC you should measure ROI in BTC.
Nemesis
Sr. Member
****
Offline Offline

Activity: 462


View Profile
November 09, 2013, 06:51:55 AM
 #2687

No Bottom line the MPP is there to make sure if NOTHING ELSE you atleast you earn what you paid for the miner back



that is what it is there for


can no one see that

they are not gonna pay or credit you extra speed so you can make a profit of $10,000 in the first 90 days, they Came up with the MPP as a way to make sure that you break even on your ROI in the First 90 days ( reguardless of the Diff and network speed ) plain and simple

Can no one understand that fact

Thats the whole point we're talking idiot.

They CAN NOT make sure that. Their calculation is flawed. They can only use past difficulty and say.... hey idiot, looks like if you have 1TH/s 90 days ago you would make ROI. So i will send you 600MHs x 2 = 1.2THs.

LOL little did you know all MPP does is make all their customers competing among themselves.

Remember you paid alot more for MPP. Your original $/GHs is terrible. 90 days of less hash rate will put you way far behind.
pmorici
Sr. Member
****
Offline Offline

Activity: 471


View Profile WWW
November 09, 2013, 06:55:52 AM
 #2688

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

Are you calculating your ROI in USD or BTC terms?  In terms of USD I don't doubt you think you will ROI but in terms of BTC the chance is zero from my calculations.

Gigampz: Adapter Boards for Server Power Supplies 50% cheaper than ATX power supplies.  DPS-800GBA, DPS-1200FBA, Common Slot, CRPS, DPS-1200TBA, DPS-2000bb, Dell z750p
Puppet
Legendary
*
Offline Offline

Activity: 966


View Profile
November 09, 2013, 07:00:17 AM
 #2689

No Bottom line the MPP is there to make sure if NOTHING ELSE you atleast you earn what you paid for the miner back



that is what it is there for


can no one see that

they are not gonna pay or credit you extra speed so you can make a profit of $10,000 in the first 90 days, they Came up with the MPP as a way to make sure that you break even on your ROI in the First 90 days ( reguardless of the Diff and network speed ) plain and simple

Can no one understand that fact

With MPP you get 2x the GH/$ (4x the original hashrate but you pay ~2x as much to have MPP) 3 months later.
So how does that "guarantee" work as long as the network speed keeps growing much faster than doubling every 3 months ? Its been doubling every 3 weeks.


Something to chew on: ordering a prospero X3 (2TH @ $4900 promised for late February) is probably a better "guarantee" than a MPP for the Sierra.
gjpminingco
Sr. Member
****
Offline Offline

Activity: 350


Co-Owner Of DCMCo-Op Mining Farm at 3.5 th/s


View Profile WWW
November 09, 2013, 07:07:07 AM
 #2690

Well You can Pay in BTC or in USD so it dont matter how you calculate it just calculate it in the form you paid,

And what you folks have FAILED to see, and I will be making sure that Hashfast posts to this Thread

they do not just take into account just 1 diff when doing the calculations

they take into account ALL the diff's that are in effect during the 90 days that you are mining when figuring how much extra speed it would have taken for you to make ROI


I have spoken with them about this throughly

Hence why i placed a VERY VERY large order with them and i did not place that order untill i fully understood the MPP


I guess some people dont know how to ask questions but would rather just jump to conclusions instead fully understanding everything involved before buying and then whine about something that is to their advantage ( that is if they got the MPP with their miner order )

Puppet
Legendary
*
Offline Offline

Activity: 966


View Profile
November 09, 2013, 07:09:32 AM
 #2691

hey take into account ALL the diff's that are in effect during the 90 days that you are mining when figuring how much extra speed it would have taken for you to make ROI

Duh. Of course. But you dont seem to understand that your upgrade is limited to 4x. Difficulty increase over 3+ months is not so limited.
gjpminingco
Sr. Member
****
Offline Offline

Activity: 350


Co-Owner Of DCMCo-Op Mining Farm at 3.5 th/s


View Profile WWW
November 09, 2013, 07:21:49 AM
 #2692

Limited to 4x the speed of the miner you bought with the MPP


So if you bought the Sierra's at 1.2th/s that would be up to a max of 4.8th/s PER MINER ORDER

Puppet
Legendary
*
Offline Offline

Activity: 966


View Profile
November 09, 2013, 07:42:32 AM
 #2693

Limited to 4x the speed of the miner you bought with the MPP


So if you bought the Sierra's at 1.2th/s that would be up to a max of 4.8th/s PER MINER ORDER

Yeah but you would have paid as much as for another sierra and the MPP modules would only arrive 3+ months later. Possibly a lot later than that, HF is totally mum on when they will ship
For the same money, would you rather have 1 Sierra in november december, or 3 Sierra's in March/April/June if network doubling continues ?
Protip, if doubling continues, a Sierra in March will earn 1/8th of a sierra in December.
gjpminingco
Sr. Member
****
Offline Offline

Activity: 350


Co-Owner Of DCMCo-Op Mining Farm at 3.5 th/s


View Profile WWW
November 09, 2013, 07:47:42 AM
 #2694

Well I am already setup and payment ready for Hashfasts Next Surprise announcements ( I am not allowed to say what it is but i know of 2 up comiming announcements that will shock everyone ( they are good announcement )

ninjarobot
Hero Member
*****
Offline Offline

Activity: 756


Mine Silent, Mine Deep


View Profile
November 09, 2013, 07:58:45 AM
 #2695

Well I am already setup and payment ready for Hashfasts Next Surprise announcements ( I am not allowed to say what it is but i know of 2 up comiming announcements that will shock everyone ( they are good announcement )

You are the perfect pre-order customer. Keep drinking the Kool-Aid Smiley
defcon23
Legendary
*
Offline Offline

Activity: 1120


View Profile
November 09, 2013, 08:21:01 AM
 #2696


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.

i totally agree.  Cry
SolarSilver
Legendary
*
Offline Offline

Activity: 1117


View Profile
November 09, 2013, 09:05:43 AM
 #2697

Well You can Pay in BTC or in USD so it dont matter how you calculate it just calculate it in the form you paid,

And what you folks have FAILED to see, and I will be making sure that Hashfast posts to this Thread

You are an idiot and should stay out of the economics of mining. Thank you though for subsidizing the growth of the Bitcoin economy by pumping in money that you are guaranteed to lose.

Quote
I have spoken with them about this throughly

Hence why i placed a VERY VERY large order with them and i did not place that order untill i fully understood the MPP

OK let's play ball and put some numbers down! How big is your VERY VERY large order? Is it more than 4 BabyJets? 8? 20? 200?

How much did you end up paying and at what date?

Let's come back the 1st of April and see how much of that investment in BTC you have recovered by then.
Visesrion
Sr. Member
****
Offline Offline

Activity: 351



View Profile
November 09, 2013, 11:17:58 AM
 #2698

Well I am already setup and payment ready for Hashfasts Next Surprise announcements ( I am not allowed to say what it is but i know of 2 up comiming announcements that will shock everyone ( they are good announcement )

I am still waiting to see the update of the delay in their webpage and the photos as they claim. This is just a complete joke and a big marketing strategy.

I also know some of the future plans of HF and for sure they used to be really promising (just words as usual), but with this huge joke they are playing with us, no thanks.



Trade on exchanges
Buy adult entertinment
Discounts for services
Buy adult goods
PCC buy back
Attend VIP events


.Twitter.
██████████████████████████████████████████████████████████████
Telegram
.Telegram Bot.
██████████████████████████████████████████████████████████████
WHITEPAPER
.Facebook.
██████████████████████████████████████████████████████████████
Youtube


Visesrion
Sr. Member
****
Offline Offline

Activity: 351



View Profile
November 09, 2013, 11:46:47 AM
 #2699

Now they do not upload this update to their webpage ? Or they do not post the same thing in twitter every 2 hours ?

I suppose they will wait to have the photos of the wafers and then upload them and they wont say a word of the delays. This marketing strategies seems quite ilegal to me. There is no somewhere we can go to at least shut down their webpage so they do not engage someone else ?

They could send us more emails if they want, the updates are useless same as the order chain and the hashfast customer help, so the only reason to have the webpage is to catch up more customers

By the way they will post photos soon... I think this sounds familiar to me....

The shipping dates in the website have been updated.

-The HashFast Team


And here we are still waiting you to post the delay info in your webpage  and for the photos

Next joke please...



Trade on exchanges
Buy adult entertinment
Discounts for services
Buy adult goods
PCC buy back
Attend VIP events


.Twitter.
██████████████████████████████████████████████████████████████
Telegram
.Telegram Bot.
██████████████████████████████████████████████████████████████
WHITEPAPER
.Facebook.
██████████████████████████████████████████████████████████████
Youtube


aneutronic
Full Member
***
Offline Offline

Activity: 170


View Profile
November 09, 2013, 11:59:50 AM
 #2700

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.

Agreed.

There is too much of a delay in delivery. I would like a refund in the currency I purchased with please.

What is the official ruling on the refunds?   HF?  tacotime?  anybody?
Pages: « 1 ... 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 [135] 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 ... 586 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!