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Author Topic: HashFast announces specs for new ASIC: 400GH/s  (Read 875472 times)
VolanicEruptor
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December 14, 2013, 02:29:31 AM
 #4121

how do you refund a customer in BTC if you paid for the manufacturing costs in FIAT?  that makes no sense.. The bitcoin was converted to US dollars so that it can be used in real life.  

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ASIC-K
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December 14, 2013, 02:31:26 AM
 #4122

how do you refund a customer in BTC if you paid for the manufacturing costs in FIAT?  that makes no sense.. The bitcoin was converted to US dollars so that it can be used in real life.  

i understand, but arent you a little upset about the huge delays?
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December 14, 2013, 02:34:12 AM
 #4123

how do you refund a customer in BTC if you paid for the manufacturing costs in FIAT?  that makes no sense.. The bitcoin was converted to US dollars so that it can be used in real life.  

guys not again the same question over and over. they claimed they would give refunds in the currency you paid. the order ack is first in BTC and second in USD (with brace).
VolanicEruptor
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December 14, 2013, 02:35:50 AM
 #4124

well if BTC refunds are possible i would love to see icedrill shares get reimbursed
that would be crazy money

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December 14, 2013, 02:35:57 AM
 #4125

Groan.  Hashfast_CL sounds like he needs an ass-whuppin' to achieve his needed attitude adjustment.
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December 14, 2013, 02:42:06 AM
 #4126

...
If you think exploding PSUs, inadequate packaging, shipping damage, and half-baked drivers don't matter to customers you should check out the KnC thread, where there are dozens of pages devoted to those problems.

HashFast has taken great care to ensure their customers won't be bothered by those issues.
...

...and ensured this in the most radical way possible -- by not shipping product. Cool

No product shipped=no product damaged in shipping, no power supplies to explode.  
HasFast.  Non-fattening.  Not messy.
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December 14, 2013, 02:43:21 AM
 #4127

If I sell you equipment that makes bitcoins using 500GH/s and offer to ship it (per our plan) in October if you pay a very high premium. Then fail to send it within that time frame....

What you get is a machine that produces less product (bitcoins) as the days roll forward. Every 11 days, the machine losses a percentage of it's productive capacity.

If in the time from October till December the machine lost -90% of it's productive capacity....then a representative being "happy" to announce a +25% increase in efficiency makes no literal sense.

Why would someone be happy about a meager increase in efficiency if by the time it ships it will be completely negated by rising difficulty when it gets into it's customers hands? The machine might not even pay itself off due to decreasing efficiency at producing bitcoins.

HashFast still anticipates shipping Batch One before the Dec 31 deadline. 

If we fail to ship within the advertised Oct-Dec time frame, refunds will be issued.

All Batch One orders come with the Miner Protection Plan, providing up to 400% more hashpower than initially purchased.

This MPP has been upgraded twice, free of charge.

The first upgrade changed the raw chips into complete miniboards.

The second upgrade started the MPP countdown on Oct 31, instead of the shipping date.

And now, HashFast is giving its customers an extra 25% initial hashing power beyond the advertised spec.

Those are three significant factors giving HashFast customers a good chance to keep up with the rising difficulty (which is beyond our control).

So what your saying is that Hashfast doesn't care about its customers because Hashfast anticipates GUARANTEES no returning customers even with MPP that will basically return 0 RIO when every other ACSI companies go online. Hashfast lied knowing that they would not be able to ship End of Oct 31, 2013.

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
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December 14, 2013, 02:46:49 AM
 #4128

all that doesnt matter since you guys are 2 months late.
Huh  "2 months" ago was Oct 13.  Where did you get the idea Oct 13 was our shipping deadline?  

Is HashFast shipping today? No? HashFast is right on track to be "2 months late."

The earliest possible ship date wasn't until about a week after that.   Huh

I see you've learned the fake "earliest possible ship date" terminology. Nice post-sale invention, but has no basis in reality.

The actual deadline is Dec 31 and we still anticipate shipping Batch 1 before then.  Otherwise refunds will be issued.

No, the actual deadline is October.

We will be shipping in October.

Buy & Hold
VolanicEruptor
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December 14, 2013, 02:49:07 AM
 #4129

Oh wow, he did say October!  What a lie.. time to find some lawyers  Grin

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December 14, 2013, 02:52:26 AM
 #4130

its funny how they just think people with forget things they posted....
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December 14, 2013, 02:53:53 AM
 #4131

HashFast's chips are about 3 times more powerful when compared on a GH per sq.mm basis.

HashFast is shipping with top-shelf quality Sea Sonic PSUs, so our customers won't have to put up with exploding/self-immolating units like KNC's did.

In addition, HashFast lined up an exclusive with CIARA, which means HashFast machines will be assembled and shipped with utmost expediency (no random guys helping load some random van), in professional/durable packaging.

That means double-walled boxes, so HashFast customers' hardware won't arrive broken like so much of KNC's did.

Finally, (again unlike KNC) HashFast has been working closely with ckolivas for a long time to ensure cgminer works flawlessly with our innovative new GN Protocol, Global Work Queue, etc.

After 70 days mining every one of my batch #1 Jupiters have mined aprox. 50 BTC each - let's see how many BTC will your batch #1 units mine in their first 70 days of life.

That (BTC MINED/DAY) is the only thing that matters right now. Power costs are so ridiculously marginal at this stage that bragging about efficiency is just ludicrous.

I'm glad you are satisfied with your past ROI, but don't see the use or validity of comparing it to future returns.

In fact, the hash power which earned you that nice ROI in the past is exactly why future ROIs will be lower!

You could go all the way back to Gen One Avalons if you really want to highlight the past vs future contrast.

HashFast cannot control difficulty, nor make investment/speculation/gambling decisions for its customers.

We can however learn from KNC and others' mistakes, and control our choices of flawless cgminer support, high-quality Sea Sonic PSUs, world-class CIARA assembly, and professional logistics which includes packaging adequate to prevent damage in shipping.

Judging by the uproar in the KnC thread(s) over these issues, they do matter to many customers.

Best,

-HF_CL

"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
VolanicEruptor
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December 14, 2013, 02:55:17 AM
 #4132

Oh wow, he did say October!  What a lie.. time to find some lawyers  Grin

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December 14, 2013, 02:57:25 AM
 #4133

HashFast_CL, what is the answer of the questions about refund? refund in the paid currency or not? thanks!
VolanicEruptor
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December 14, 2013, 02:57:50 AM
 #4134

HashFast_CL, what is the answer of the questions about refund? refund in the paid currency or not? thanks!

ASIC-K
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December 14, 2013, 02:58:37 AM
 #4135

HashFast's chips are about 3 times more powerful when compared on a GH per sq.mm basis.

HashFast is shipping with top-shelf quality Sea Sonic PSUs, so our customers won't have to put up with exploding/self-immolating units like KNC's did.

In addition, HashFast lined up an exclusive with CIARA, which means HashFast machines will be assembled and shipped with utmost expediency (no random guys helping load some random van), in professional/durable packaging.

That means double-walled boxes, so HashFast customers' hardware won't arrive broken like so much of KNC's did.

Finally, (again unlike KNC) HashFast has been working closely with ckolivas for a long time to ensure cgminer works flawlessly with our innovative new GN Protocol, Global Work Queue, etc.

After 70 days mining every one of my batch #1 Jupiters have mined aprox. 50 BTC each - let's see how many BTC will your batch #1 units mine in their first 70 days of life.

That (BTC MINED/DAY) is the only thing that matters right now. Power costs are so ridiculously marginal at this stage that bragging about efficiency is just ludicrous.

I'm glad you are satisfied with your past ROI, but don't see the use or validity of comparing it to future returns.

In fact, the hash power which earned you that nice ROI in the past is exactly why future ROIs will be lower!

You could go all the way back to Gen One Avalons if you really want to highlight the past vs future contrast.

HashFast cannot control difficulty, nor make investment/speculation/gambling decisions for its customers.

We can however learn from KNC and others' mistakes, and control our choices of flawless cgminer support, high-quality Sea Sonic PSUs, world-class CIARA assembly, and professional logistics which includes packaging adequate to prevent damage in shipping.

Judging by the uproar in the KnC thread(s) over these issues, they do matter to many customers.

Best,

-HF_CL

still horribly late. everything you say is irrelevant
RickJamesBTC
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December 14, 2013, 02:59:41 AM
 #4136

HashFast's chips are about 3 times more powerful when compared on a GH per sq.mm basis.

HashFast is shipping with top-shelf quality Sea Sonic PSUs, so our customers won't have to put up with exploding/self-immolating units like KNC's did.

In addition, HashFast lined up an exclusive with CIARA, which means HashFast machines will be assembled and shipped with utmost expediency (no random guys helping load some random van), in professional/durable packaging.

That means double-walled boxes, so HashFast customers' hardware won't arrive broken like so much of KNC's did.

Finally, (again unlike KNC) HashFast has been working closely with ckolivas for a long time to ensure cgminer works flawlessly with our innovative new GN Protocol, Global Work Queue, etc.

After 70 days mining every one of my batch #1 Jupiters have mined aprox. 50 BTC each - let's see how many BTC will your batch #1 units mine in their first 70 days of life.

That (BTC MINED/DAY) is the only thing that matters right now. Power costs are so ridiculously marginal at this stage that bragging about efficiency is just ludicrous.

I'm glad you are satisfied with your past ROI, but don't see the use or validity of comparing it to future returns.

In fact, the hash power which earned you that nice ROI in the past is exactly why future ROIs will be lower!

You could go all the way back to Gen One Avalons if you really want to highlight the past vs future contrast.

HashFast cannot control difficulty, nor make investment/speculation/gambling decisions for its customers.

We can however learn from KNC and others' mistakes, and control our choices of flawless cgminer support, high-quality Sea Sonic PSUs, world-class CIARA assembly, and professional logistics which includes packaging adequate to prevent damage in shipping.

Judging by the uproar in the KnC thread(s) over these issues, they do matter to many customers.

Best,

-HF_CL

This guy is starting to sound like BFL josh, angry at all his customers. Don't talk shit about KNC, they actually shipped product, and it is making people BTC every day. You shipped... a dream? Months late your hardware will arrive after the difficulty has already been raised. When you originally promised to ship, you would have been the ones making people back their coin. Your hardware coming out now is too slow. Are you going to ship people 4x their initial orders in time for it to count or just hold your hands over your ears and pretend you can't hear the screaming?
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December 14, 2013, 03:00:29 AM
 #4137

^^exactly my thoughts too! like BFL josh!
HashFast_CL
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December 14, 2013, 03:03:53 AM
 #4138

HashFast's chips are about 3 times more powerful when compared on a GH per sq.mm basis.

HashFast is shipping with top-shelf quality Sea Sonic PSUs, so our customers won't have to put up with exploding/self-immolating units like KNC's did.

In addition, HashFast lined up an exclusive with CIARA, which means HashFast machines will be assembled and shipped with utmost expediency (no random guys helping load some random van), in professional/durable packaging.

That means double-walled boxes, so HashFast customers' hardware won't arrive broken like so much of KNC's did.

Finally, (again unlike KNC) HashFast has been working closely with ckolivas for a long time to ensure cgminer works flawlessly with our innovative new GN Protocol, Global Work Queue, etc.

After 70 days mining every one of my batch #1 Jupiters have mined aprox. 50 BTC each - let's see how many BTC will your batch #1 units mine in their first 70 days of life.

That (BTC MINED/DAY) is the only thing that matters right now. Power costs are so ridiculously marginal at this stage that bragging about efficiency is just ludicrous.

I'm glad you are satisfied with your past ROI, but don't see the use or validity of comparing it to future returns.

In fact, the hash power which earned you that nice ROI in the past is exactly why future ROIs will be lower!

You could go all the way back to Gen One Avalons if you really want to highlight the past vs future contrast.

HashFast cannot control difficulty, nor make investment/speculation/gambling decisions for its customers.

We can however learn from KNC and others' mistakes, and control our choices of flawless cgminer support, high-quality Sea Sonic PSUs, world-class CIARA assembly, and professional logistics which includes packaging adequate to prevent damage in shipping.

Judging by the uproar in the KnC thread(s) over these issues, they do matter to many customers.

Best,

-HF_CL

still horribly late. everything you say is irrelevant

HashFast anticipates shipping Batch 1 before the Dec 31 guaranteed delivery date.

If the machines are actually late (IE don't ship before Dec 31 deadline) HashFast will issue refunds.

Flawless cgminer support, high-quality Sea Sonic PSUs, world-class CIARA assembly, and professional logistics which includes packaging adequate to prevent damage in shipping may not matter to you, but do matter to many other customers.

Best,

-HF_CL

"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
ASIC-K
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December 14, 2013, 03:06:51 AM
 #4139

you havent shipped anything yet, so stop talking like you have. Also, STOP bashing KNC, clearly you are trying to ride their coat tails.
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December 14, 2013, 03:08:08 AM
 #4140

Well Hashfast did say they studied BFL extensively in a video interview recently so... not too surprising Roll Eyes

https://www.youtube.com/watch?v=5yj-mmnRWYc&t=185

At the end he mentions "we're really excited to be delivering products in the next 3-4 weeks".

So that's about November 28th + 3-4weeks =

19th Dec to 26th Dec 2013.
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