Bitcoin Forum
March 19, 2024, 11:53:56 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: « 1 ... 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] 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 ... 586 »
  Print  
Author Topic: HashFast announces specs for new ASIC: 400GH/s  (Read 880223 times)
perezoso
Sr. Member
****
Offline Offline

Activity: 392
Merit: 250


View Profile
November 19, 2013, 05:37:34 PM
 #2901

Interesting thought.  Could you point out the MPP clause in the ToS you accepted when purchasing?

What's your point?  

You can go read the MPP yourself if you are confused about it.  

The point is there is no mention of the MPP in the ToS.  There will be no 'litigation' surrounding the MPP.  They made no promise, nor guarantee that you will ever achieve a BTC -> BTC ROI.  For someone who stated they destroy companies like this for a living you should know better.

That sounds like a challenge, and if it was Hashfast that issued it, I'd get to work.  

But it's only some little small-brained pedant board troll who doesn't understand that you can put whatever the fuck you want in 70 pages of click-wrap, declare the moon to be made of green cheese, and exert a right to a blowjob from your daughter, but that doesn't mean it's enforceable, either in law or in public opinion and perception of the business selling the product.

We'll see when the time comes.
The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1710849236
Hero Member
*
Offline Offline

Posts: 1710849236

View Profile Personal Message (Offline)

Ignore
1710849236
Reply with quote  #2

1710849236
Report to moderator
1710849236
Hero Member
*
Offline Offline

Posts: 1710849236

View Profile Personal Message (Offline)

Ignore
1710849236
Reply with quote  #2

1710849236
Report to moderator
1710849236
Hero Member
*
Offline Offline

Posts: 1710849236

View Profile Personal Message (Offline)

Ignore
1710849236
Reply with quote  #2

1710849236
Report to moderator
minternj
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


View Profile
November 19, 2013, 05:53:56 PM
 #2902

Get ignored much nemesis? Glow ignore button, glow yellow mooar please. Pretty soon you'll be talking to yourself on this board. But, i wonder... will the inner troll in you seeking attention so badly need to recreate another acct soon? Or are you so egocentric that you'll keep using this account even though everyone in the forum has you on ignore? Eh, its rhetorical at this point since i wont ever need to see you post again.  Ain't technology grand? Now only if only hashfast could work as well as the ignore button.


Warning about Nitrogensports.eu
https://bitcointalk.org/index.php?topic=709114.0
paranoidx
Full Member
***
Offline Offline

Activity: 146
Merit: 100


View Profile
November 19, 2013, 06:31:31 PM
 #2903

Hey TacoTime,

Weren't you working for them? Any new updates you can tell us about or are they also keeping you in the dark?
DeathAndTaxes
Donator
Legendary
*
Offline Offline

Activity: 1218
Merit: 1063


Gerald Davis


View Profile
November 19, 2013, 06:55:55 PM
 #2904

Hey TacoTime,

Weren't you working for them? Any new updates you can tell us about or are they also keeping you in the dark?

+1 Have they responded to any of your requests.
DeathAndTaxes
Donator
Legendary
*
Offline Offline

Activity: 1218
Merit: 1063


Gerald Davis


View Profile
November 19, 2013, 06:59:15 PM
 #2905

Interesting thought.  Could you point out the MPP clause in the ToS you accepted when purchasing?

What's your point? 

You can go read the MPP yourself if you are confused about it. 

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.
tacotime
Legendary
*
Offline Offline

Activity: 1484
Merit: 1005



View Profile
November 19, 2013, 07:20:09 PM
 #2906

Hey TacoTime,

Weren't you working for them? Any new updates you can tell us about or are they also keeping you in the dark?

+1 Have they responded to any of your requests.

Yes I was working with them, no they have not communicated with me for a while.  No idea what the radio silence is about.

Code:
XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
cedivad
Legendary
*
Offline Offline

Activity: 1176
Merit: 1001



View Profile
November 19, 2013, 07:32:23 PM
Last edit: January 03, 2014, 03:24:05 PM by cedivad
 #2907

I receive a lot of questions via pm with persons interested to sue them, but everyone stops, due to laziness i think.

Well, they lied about the promised delivery time, they promised something that they knew would have never happen and we can easily prove that. I really don't see what else is needed.

I have money i want to trow away against HF. And arbitration looks like a dead track. Again, please, let's do something serious. (i can already visualise ice or their peers trolling me with this post, but who cares...). I want to have john to regret what he said about how many lawsuit bfl had. It's the minimum they deserve.

If we get nothing with such a lawsuit, at least we will be able to have said ourselves that we have tried.

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
aneutronic
Full Member
***
Offline Offline

Activity: 175
Merit: 100


View Profile
November 19, 2013, 07:37:05 PM
 #2908

Real internet tough guy you are huh. Since you trolled me into responding to your useless post heres some "court admissible" info as you put it. Last i check fraud is a crime.

https://bitcointalk.org/index.php?topic=262052.msg2909687#msg2909687

Quote
   
Re: HashFast announces specs for new ASIC: 400GH/s
August 11, 2013, 10:35:56 AM

If you ship in December - your customers will take a bath on this.
- We wont.  And we'll protect our customer's against hashrate increases.
Expect details on Monday

Thanks!

Eduardo deCastro
Founder and CEO,
HashFast Technologies

https://bitcointalk.org/index.php?topic=276827.msg2954980#msg2954980

Quote
   
Re: It's -on-!
August 18, 2013, 01:43:04 AM
Reply with quote  #12
Quote from: joshv06 on August 18, 2013, 01:34:50 AM
Does the expected ship date of late October still look achievable?

Yes. We are exactly on track.

-John

Not to mention Day 1 purchasers did not have the Dec 31 date. We were promised October. No "Anitciptated" ship date.

https://bitcointalk.org/index.php?topic=270384.msg2894615#msg2894615
Quote
HashFast launches sales of the Baby Jet
August 08, 2013, 11:57:25 PM

 - Shipments begin: October 20th-30th, in order of purchase

https://bitcointalk.org/index.php?topic=270384.msg3351769#msg3351769
Quote
   
Re: HashFast launches sales of the Baby Jet
October 16, 2013, 08:49:40 PM
Reply with quote  #638
Quote from: flyboy on October 16, 2013, 06:15:56 PM
Any updates on CHIPS or BOARDS??

or TIME LINE?

or DELAYS?

Chips are still on schedule.   No delays so far.   Very close now!

Are we there yet?  No, but it won't be much longer.

And the silicon that that arrived in the infamous picture in novenmber instead of october. of course we know that the week turned out to be many many many weeks.
https://bitcointalk.org/index.php?topic=262052.msg3358956#msg3358956

Quote
   
Re: HashFast announces specs for new ASIC: 400GH/s
October 17, 2013, 11:31:23 PM

And, as of a few days ago, ... ...  it looks like we're probably going to slip, by about a week.

Ironically, not because of the silicon, even though that is the part of the system that takes the longest to manufacture. That's going through the foundry smoothly. But we ran into a delay sourcing one of our other components.

Amy Woodward
VP Engineering
HashFast Technologies

Still telling us its possible to ROI in 90 days
https://bitcointalk.org/index.php?topic=318706.msg3418987#msg3418987
Quote
Re: Gathering funds for legal action against HashFast (troll-free)
October 27, 2013, 04:35:37 AM

4- MPP protection is intentionally denominated in BTC, not USD.   
    Given the direction BTC prices are taking, it is possible our early or late customers will achieve ROI in
    less that 90 days - and still receive MPP protection from us.  No charge, no questions.

Best,

-HF_CL

This is a great post! Thanks for gathering all of HF's BS promises together.   *bookmarked*
Inaba
Legendary
*
Offline Offline

Activity: 1260
Merit: 1000



View Profile WWW
November 19, 2013, 07:47:10 PM
 #2909

I think that regardless of everything, we should sue them and see what happens. I receive a lot of questions via pm with persons interested to sue them, but everyone stops, due to laziness i think.

Well, they lied about the promised delivery time, they promised something that they knew would have never happen and we can easily prove that. I really don't see what else is needed.

I have money i want to trow away against HF. And arbitration looks like a dead track. Again, please, let's do something serious. (i can already visualise ice or their peers trolling me with this post, but who cares...). I want to have john to regret what he said about how many lawsuit bfl had. It's the minimum they deserve.

If we get nothing with such a lawsuit, at least we will be able to have said ourselves that we have tried.

Cause frivolous lawsuits are a great way to further overburden the legal system and block legitimate grievances from getting aired in a timely manner. GG!

David, please stop watching LA Law and thinking the US legal system is like you see on TV.  It's nothing like TV dramatization and Perry Mason doesn't actually exist.

If you're searching these lines for a point, you've probably missed it.  There was never anything there in the first place.
cedivad
Legendary
*
Offline Offline

Activity: 1176
Merit: 1001



View Profile
November 19, 2013, 07:50:41 PM
Last edit: January 03, 2014, 03:32:58 PM by cedivad
 #2910

Cause frivolous lawsuits are a great way to further overburden the legal system and block legitimate grievances from getting aired in a timely manner. GG!

David, please stop watching LA Law and thinking the US legal system is like you see on TV.  It's nothing like TV dramatization and Perry Mason doesn't actually exist.
Josh, i don't really care about overloading your legal system. And i also don't really care about how wrong or right i'm.

There is this independent third party that will decide that for me. It's there by purpose, to defend people.

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
MrTeal
Legendary
*
Offline Offline

Activity: 1274
Merit: 1004


View Profile
November 19, 2013, 07:51:53 PM
 #2911

I think that regardless of everything, we should sue them and see what happens. I receive a lot of questions via pm with persons interested to sue them, but everyone stops, due to laziness i think.
I would guess most people realize it would just be a waste of money. Even if in a year you win and are awarded damages, you'll probably still be further behind than if you just kept that money and invested it in another vendor or directly in BTC.

For what it's worth, as an August 9th customer I emailed them notifying them of their failure to deliver, and gave them 30 days with which to cure as per the terms of their original ToS.
Quote
Except for delivery dates explicitly guaranteed in the order confirmation, delivery dates communicated or acknowledged by Hashfast are approximate only, and Hashfast shall not be liable for, nor shall Hashfast be in breach of its obligations to Buyer because of any delivery made within a reasonable time before or after the stated delivery date
Quote
Buyer will give Hashfast written notice of failure to deliver and thirty (30) days within which to cure, unless the order confirmation explicitly guarantees a delivery date.  In any case, Buyer’s sole and exclusive remedy after such cure period or guaranteed delivery date is to cancel the affected and undelivered portions of the order.

I received a phone call from their sales rep on August 12th confirming my order, and no mention of a December 31st date was made at that time, either. It was not until the revised ToS was sent out on August 15th that I received an email mentioning the new Dec 31st date.
Of course, they denied the refund and state "Unfortunately, we are not currently refunding orders.  As we promised our Batch 1 Baby Jet customers, we will refund their order if we do not deliver the order by December 31, 2013. "

Not surprising, but disappointing nonetheless. A refund at this point is likely counterproductive, since a refund would likely return about 10BTC, and even a BabyJet shipped Dec 31 will mine more than that. I would have liked to have seen the option be available to pre-August 15th customers though, rather than their comment that I should try selling it on the Bitcoin forum. For all its faults, BFL did at least allow customers refunds and actually forced the early customers to waive their rights to a refund by explicitly agreeing to the delay and change in ToS.
cedivad
Legendary
*
Offline Offline

Activity: 1176
Merit: 1001



View Profile
November 19, 2013, 08:00:23 PM
Last edit: January 03, 2014, 03:31:36 PM by cedivad
 #2912

MrTeal, i see and i completely agree with your points. In fact, i don't want to go after an USD refund (if BTC goes back to the 200-something level, i would love to have an USD refund, given that it would be processed in time for me to buy back the BTC). As you are saying, i could/should just shut up and relax. However, that's exactly what happened with BFL, (where their customers didn't lose a $ due to the massive price spike), where people paid 10k BTC for a miner.

I want a court to prove that they used illegal business practices, that they lied and so on. This is what i want. What happens from that point is a question mark for me. We will see. If the answer is nothing, i will accept that. Certainly, BTC being finally recognised will help. (another senate hearing in a few minutes, really?)

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
MrTeal
Legendary
*
Offline Offline

Activity: 1274
Merit: 1004


View Profile
November 19, 2013, 08:11:19 PM
 #2913

MrTeal, i see and i completely agree with your points. In fact, i don't want to go after an USD refund anymore (that was what i was hoping to have when btc was at 200-250, and if it goes back to those levels, i would love to have an USD refund again). As you are saying, i could/should just shut up and relax, i will have the USD back anyway. However, that's exactly what happened with BFL, (where their customers didn't lose a $ due to the massive price spike), where people paid 10k BTC for a miner.

I want a court to prove that they used illegal business practices, that they lied and so on. This is what i want. What happens from that point is a question mark for me. We will see. If the answer is nothing, i will accept that. Certainly, BTC being finally recognised will help. (another senate hearing in a few minutes, really?)

No one paid $10k for a BFL miner, other than people who bought a Minirig. BFL products are and always have been denominated in USD, just like HashFast's. I bought a laser from Grix last year for 28BTC, but I didn't pay $18,000 for it. I paid $278, using BTC.

Now, whether you're correct in that HashFast was lying when they said mid-October that everything was on track is a different story. I wish you the best there, I think the discovery process would be pretty interesting if you actually did go to court. You're kidding yourself if you think emailing lawyers with a couple thousand dollars is going to get you anywhere though.
gjpminingco
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250


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


View Profile WWW
November 19, 2013, 08:25:53 PM
 #2914

@ 3:30pm EST On CSPAN3 Senate Homeland Security Hearing: Digital Currencies and it will Be LIVE

joshv06
Hero Member
*****
Offline Offline

Activity: 991
Merit: 500



View Profile
November 19, 2013, 08:27:05 PM
 #2915

I would have to agree. People suddenly want refunds in BTC as an investment they never made. If you invested in BTC, then that's that. If you paid for something in BTC, then BTC rises, you can't demand a refund for an easy second route. A couple of weeks ago, cedivad let me borrow ~.03 btc when they were at around 100 something dollars. I just needed to get some btc out of my Bitpay. I told him I would pay it back, he said I could keep it. I said okay and thanks. Suddenly when BTC started rising, he told me to pay him back or he was going to make a claim against me here on BTC talk. I didn't have the coins anymore because I used them, because he let me have them.

I think we should all stop focusing on getting refunded in BTC and suddenly being rich over an in direct investment. We all purchased Baby jets. And we need to focus on getting those. If you want a refund, have some morals and be honest.

Let's try to get what we paid for.

D A I L Y -  C R Y P T O  -  G I V E W A Y S
▬▬ ●●     Your source for daily free giveaways !    ●● ▬▬
DISCORD    -    TWITTER    -    WEBSITE
minternj
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


View Profile
November 19, 2013, 08:37:26 PM
 #2916

Just more quotes...

https://bitcointalk.org/index.php?topic=270384.msg2922794#msg2922794
Quote
Re: HashFast launches sales of the Baby Jet
August 13, 2013, 07:04:06 AM

That is the reason behind our Miner Protection Program, and the guarantee we provide is:

If any of our pre-purchase customers has not achieved payback on their investment in HashFast equipment within 90 days* of taking delivery from us, we will support them by providing them with up to 4X the Hashing capacity they originally purchased, free of charge.

Eduardo deCastro
Founder and CEO, Hashfast

Annnnd the most important post goes to:

https://bitcointalk.org/index.php?topic=270384.msg2903338#msg2903338
Quote
Simon Barber
Re: HashFast launches sales of the Baby Jet
August 10, 2013, 06:08:08 AM

Quote from: cycloid on August 10, 2013, 05:18:15 AM
Now since the only payment option is in BTC Will I get the same ammount of BTC back should you fail to deliver by December 31st?

Orders are taken in BTC, in the unlikely event we get to refunds they will be given in BTC.

Warning about Nitrogensports.eu
https://bitcointalk.org/index.php?topic=709114.0
cedivad
Legendary
*
Offline Offline

Activity: 1176
Merit: 1001



View Profile
November 19, 2013, 08:39:02 PM
 #2917

Suddenly when BTC started rising, he told me to pay him back or he was going to make a claim against me here on BTC talk.
You better check the dates of our messages again, dear. It's a question of principles. Give me back what you own me. I told you to keep it, it's true. Hoever just the day after i asked for my money back, because you where unwillingly to help on what we where talking about (i didn't add you on skype to lend you 0.0something, remember?).

However i don't really care about that nothing. We have bigger things here if you don't mind.

Donate the BTC to charity in a provable way if you want to end it without giving my money back.

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
joshv06
Hero Member
*****
Offline Offline

Activity: 991
Merit: 500



View Profile
November 19, 2013, 09:09:45 PM
 #2918

Whats up with their new call center? Every time I call they take my info down and say they will have someone call me back.

I asked, and the call center isn't even physically located at HF. They are outsourced.

D A I L Y -  C R Y P T O  -  G I V E W A Y S
▬▬ ●●     Your source for daily free giveaways !    ●● ▬▬
DISCORD    -    TWITTER    -    WEBSITE
perezoso
Sr. Member
****
Offline Offline

Activity: 392
Merit: 250


View Profile
November 19, 2013, 09:43:46 PM
Last edit: November 19, 2013, 10:12:16 PM by perezoso
 #2919

Interesting thought.  Could you point out the MPP clause in the ToS you accepted when purchasing?

What's your point?  

You can go read the MPP yourself if you are confused about it.  

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.

There is that, and there are also contradictory statements and suggestions, sometimes together in the same document.  And people are rounding these up.

What I've said, and which the trolls consistently misstate is "if there is litigation with Hashfast, it will be about the MPP".   All these legal eagles, proud of how sharp they think they are, especially with interpretation of legal text ... yes, you know the ones...  these guys apparently can't actually read, because they think that "if there is litigation with Hashfast, it will be about the MPP" means, "I'm gonna sue Hashfast because I know I can win a big judgement against them."  

Folks that can't tell the difference between those two statements can go back to English 101, and should definitely reconsider their self-assigned legal credentials.

Anyway, I'm not sure what my personal strategy would be if, at the end of the day, even with the MPP, I still don't ROI.  I would consider joining a lawsuit or arbitration at that time (which isn't yet), if I thought it had a chance, and I don't think it's a cut and dry situation either way. For example, there are indications of what might be called fraud with respect to timing of chip delivery. It's not that time yet, though.  

I think I would mainly think of more creative ways to put pressure on the company.  It's a less than ideal outcome, but, for example, if I feel assured that the company had to spend enough money to counteract bad publicity generated so as to make their sale to me unprofitable for them.... there's a modicum of justice in that.

But as I've taken pains to point out, I still hold out hope that Hashfast will prove themselves to be straight up guys (and gals, I guess), and will proactively address the problem when they ship.  In which case, everybody's happy and Hashfast's reputation is enhanced.
DeathAndTaxes
Donator
Legendary
*
Offline Offline

Activity: 1218
Merit: 1063


Gerald Davis


View Profile
November 19, 2013, 11:15:43 PM
 #2920

No I understand what you wrote I just think it is completely wrong.  If there is legal action against HashFast it will have absolutely nothing to do with the MPP.  That would be an utterly pointless way to waste a lot of money with absolutely no chance in hell of any positive gain. 
Pages: « 1 ... 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] 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 ... 586 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!