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Author Topic: HashFast announces specs for new ASIC: 400GH/s  (Read 875113 times)
floatyfish
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November 18, 2013, 10:12:58 PM
 #2861

Hi everybody!

Sorry for the lack of communication; I was ill and unable to liaison with the HashFast execs last week.

I'll go in to the office on Monday and see what news/updates can be shared with the forum.

Best,

-HF_CL


PS  I've been reading about the new Global Work Queue.  It has the potential to do for devices what stratum did for cgminer (IE keep everything topped up and minimize idle time to squeeze out every last drop of performance)!

So its near the end of the work day on the east coast. Do you have anything to share with the forum?

I'm at the new office but the execs aren't here ATM.  Everybody is out working furiously to get the hardware built and shipped ASAP.

This is clearly a company that intends to be around for the long haul, and is in the middle of both growing and birthing pains.

If I can get the printer working, that will be a small victory!   Smiley

Best,

-HF_CL



If you can get the printer working? Maybe that explains why they're having production problems  Grin Can you give us ANY info on the progress of assembling the substrate/machines? I think that's what people want, need, and deserve to know.

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minternj
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November 18, 2013, 10:16:37 PM
 #2862

If you can please get some update/information to us it would be appreciated. Im sure a few phone calls wouldn't take up too much time.

Keep in mind day 1 purchasers paid 59 BTC.

Currently $724/BTC x 59 = $42,716 .
 
Needless to say Day 1 purchasers are very anxious for any news.

Warning about Nitrogensports.eu
https://bitcointalk.org/index.php?topic=709114.0
cedivad
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November 18, 2013, 10:20:11 PM
 #2863

Those messages make me think at the worst possible outcome. Out working? Out where? Everyone? And they didn't know that you where coming? They told me we have telephones and this weird thing called "the internet"...
Meanwhile, the printer doesn't work, and i will share that with you to hope in some compassion.

I was completely right when i said that they wouldn't have shipped before the end of the year after that delay and the lack of proofs to justify it, this time i don't want to say anything, but i'm every day more scared by what's happening. It could be even worse than what i initially projected.

They are just practising "dissolvence". I'm afraid that they will be really good at it, while they can't design a proper case or make a printer to print.

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
dopamine
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November 18, 2013, 10:32:20 PM
 #2864

Hashfast thanks for screwing youre batch 1 customer.

Bitcoinica still has not given me 50% of my claim of 600 BTC
INTERSANGO can go down with bitcoinica for abandoning customers
Alberto Armandi is a SCAMMER
pwnyboy
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November 18, 2013, 11:31:39 PM
 #2865

If I can get the printer working, that will be a small victory!   Smiley

You can't seem to resist making a bumbling idiot out of yourself, can you?

jjiimm_64
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November 18, 2013, 11:35:43 PM
 #2866

If I can get the printer working, that will be a small victory!   Smiley

You can't seem to resist making a bumbling idiot out of yourself, can you?



guy makes a small joke about a printer and that is all you guys focus on.. jjeeezzz

I have had my share of printer woes....  I guess I am not fit to mine bitcoins now?

1jimbitm6hAKTjKX4qurCNQubbnk2YsFw
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November 18, 2013, 11:45:42 PM
 #2867

If I can get the printer working, that will be a small victory!   Smiley

You can't seem to resist making a bumbling idiot out of yourself, can you?



guy makes a small joke about a printer and that is all you guys focus on.. jjeeezzz

I have had my share of printer woes....  I guess I am not fit to mine bitcoins now?

Think of the context.  A company who failed across the board, losing their customers millions in the process, and now their frickin' printer's dead?  And some schmuck in an empty office is struggling to fix it -- "a small victory"?
I mean, yeah, it's funny, but in a gallows humor sort-a way.

cedivad
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November 19, 2013, 12:36:12 AM
 #2868

This story is anyway and somehow coming to an end really soon.

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
monsieur
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knc-shill-wannabe


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November 19, 2013, 12:52:26 AM
 #2869

someone here spent over 200btcs on this? At current btc price - oh boy.
tacotime
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November 19, 2013, 12:57:50 AM
 #2870

someone here spent over 200btcs on this? At current btc price - oh boy.

At current price I spent $34,375 USD on 800 GH/s...  I really hope we all hear from them soon.  I e-mailed them.  They should have the chips on PCBs by now and should be able to tell us whether or not they function.

Code:
XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
cedivad
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November 19, 2013, 01:00:32 AM
 #2871

They should have the chips on PCBs by now and should be able to tell us whether or not they function.
Why do you think so?

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
firsttimeuser
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November 19, 2013, 01:28:30 AM
 #2872

They should have the chips on PCBs by now and should be able to tell us whether or not they function.
Why do you think so?
email reply?
GandalfG
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November 19, 2013, 01:33:34 AM
 #2873

Printer for print bankruptcy file ?
Can't resist Smiley

Want to say thanks? 16ragydppe9QFRVhrdwEUjgfMS7KCfEFGY
philipma1957
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A new tool for prediction https://bitvol.info/


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November 19, 2013, 02:27:29 AM
 #2874

Hashfast has learned so well from BFL that they are now the master.  At last I am stuck under 200 usd.  not 34000 for 800gh

Please support sidehack with his new miner project Send to : 1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
I mine alt coins with https://simplemining.net I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
Inaba
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November 19, 2013, 03:43:24 AM
 #2875

If you guys who spent all that money knew the price was going to go up, why didn't you buy more BTC with the BTC you spent?  Hell, if you knew it was going up, why didn't you mortgage the house and sell your pets and family members into slavery?  You could have purchased them back at twice the price and still come out ahead.

If you're searching these lines for a point, you've probably missed it.  There was never anything there in the first place.
ninjarobot
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November 19, 2013, 03:43:31 AM
 #2876

Hashfast has learned so well from BFL that they are now the master.

Looks like it.

When I visited the HF temporary office a few weeks ago John told me he thought Josh Zerlan was a 'great guy'. Also he was proud to point out that while the BFL community made a lot of threats BFL had 0 lawsuits so far. Finally he thought Batch 1 customers were fine because the BTC price in USD had gone up a lot. Instead of taking a page from KnC, it appears they are following the BFL playbook so far.

Somebody had to pay for that nice new office and printer and those people are the Batch 1 customers. HF knew full well they could not make their deadline and the price premium they were able to extract from customers because of the 20-30 Oct shipping date are ill-gotten gains.

Today's update: HF Customers are all f*cked but at least we got our printer to work.

Meanwhile my refund request ticket has been unanswered since Sun 10th.

Thanks HF.
minternj
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November 19, 2013, 03:51:17 AM
 #2877

If you guys who spent all that money knew the price was going to go up, why didn't you buy more BTC with the BTC you spent?  Hell, if you knew it was going up, why didn't you mortgage the house and sell your pets and family members into slavery?  You could have purchased them back at twice the price and still come out ahead.


Josh - i paid for my butterfly labs equipment in USD. I paid for hashfast stuff in BTC. They made promises on returns in BTC terms that is now unattainable. You guys made no such promise to return anything. 

Lets not compare apples to oranges. Lets not muddy the waters with what we could have done with our money. I also could have taken the money invested in twitter ipo and doubled it ,but i didnt. Blaming the customer is not a way to conduct a business that values return business.

Warning about Nitrogensports.eu
https://bitcointalk.org/index.php?topic=709114.0
Inaba
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November 19, 2013, 04:52:27 AM
 #2878

Well, if they made promises on returns then that's just crazy... how can anyone guarantee that? 

But anyway, my wasn't directed at you, it was directed at people complaining that they paid X amount in BTC for their miners and that X amount is now worth Y. The point is, if someone could predict the BTC price, why didn't this hypothetical someone buy more BTC after they sent your BTC to Hashfast?  In fact, if they knew BTC was going to go up as much as it has, why buy a miner at all?  Like I said, mortgage the house and sell your relatives into slavery instead (but only if you can predict the future BTC price).


If you're searching these lines for a point, you've probably missed it.  There was never anything there in the first place.
minternj
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November 19, 2013, 05:28:50 AM
 #2879

Yes, they did promise for our machines to ROI in BTC terms in 90 days. Thats how they got batch 1 sold out. They promised, actually they guaranteed,  us enough hashpower to make up that difference up to 4x if it didnt ROI in 90 days. But now its clear that that will not be enough to hash power to ROI BTC. That and there no clear plan on when htey will give us this extra hashing power promised.

I state the price in USD terms mostly for effect. To tell someone hey i spent 59 bitcoins doesn't have enough effect as saying hey you have the equivalent of $40,000+ dollars of mine.

But, yes you do make valid points.

Warning about Nitrogensports.eu
https://bitcointalk.org/index.php?topic=709114.0
Nemesis
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November 19, 2013, 06:08:33 AM
 #2880

Yes, they did promise for our machines to ROI in BTC terms in 90 days. Thats how they got batch 1 sold out. They promised, actually they guaranteed,  us enough hashpower to make up that difference up to 4x if it didnt ROI in 90 days. But now its clear that that will not be enough to hash power to ROI BTC. That and there no clear plan on when htey will give us this extra hashing power promised.

I state the price in USD terms mostly for effect. To tell someone hey i spent 59 bitcoins doesn't have enough effect as saying hey you have the equivalent of $40,000+ dollars of mine.

But, yes you do make valid points.

No they never promised... dont be a fool.

Read what they said. Its just a protection plan. They promise to send you extra hashrate to help you ROI. Never once they promised your BTC ROI in 90 days.

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