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Author Topic: HashFast announces specs for new ASIC: 400GH/s  (Read 865375 times)
Gyrsur
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December 18, 2013, 11:00:00 PM
 #4481

But where is that point? And what does refund in the currency you paid means? Where do you read that it would be the same amount of bitcoins and not a lower amount for the same USD value?

if the company receive USD from me they have to refund the same amount of USD, if the company receive EUR from me they have to refund the same amount of EUR, if the company receive BTC from me they have to refund the same amount of BTC.

there is a precedence case with CoinLab and an investor some weeks ago and the court decided the investor has to get the BTC amount back not the USD amount.

http://blogs.wsj.com/moneybeat/2013/11/07/judge-orders-coinlab-to-pay-up-in-bitcoin/

Bryan Reyhani is the right lawyer, I assume.

http://rnlawfirm.com/bryan-reyhani/
I'm not sure if the Coinlab case really means much, coinlab promised in the contract to give the other firm 8000 BTC so of course they owe 8000 BTC so it's not the same as a case where something was priced in USD but paid for with BTC.

it depends on the exact wording in the original TOS.


sorry, my order ack says my unit price is in BTC. cannot say anything other than that.
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December 18, 2013, 11:45:49 PM
 #4482

This Startup lied to their customers and game them a false date of October to get the necessary money to start their company. 
Note that while I'm writing software for them I'm just a contractor so I have no direct allegiance with them, so I'm trying to sift through all this information and I want to know if anyone has kept a copy, screenshot or whatever, to show that they promised to deliver by October 30th? I certainly remember it being implied when I first looked but wasn't really watching early on to see what was being advertised.

Primary developer/maintainer for cgminer and ckpool/ckproxy.
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Syke
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December 18, 2013, 11:52:53 PM
 #4483

Note that while I'm writing software for them I'm just a contractor so I have no direct allegiance with them, so I'm trying to sift through all this information and I want to know if anyone has kept a copy, screenshot or whatever, to show that they promised to deliver by October 30th? I certainly remember it being implied when I first looked but wasn't really watching early on to see what was being advertised.

You can use this one:

We will be shipping in October.

Buy & Hold
augustocroppo
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December 18, 2013, 11:54:02 PM
 #4484

My invoice says "HashFast Technologies, Inc. (“Hashfast”) 97 South Second Street #175 San Jose, 95113 United States".
I will never have nothing to do with HashFast LLC, i suppose.

You seem to have done a lot of paperwork. Any interesting conclusion you would like to share? Thanks.

You will have to deal with "HashFast Technologies LCC".

http://kepler.sos.ca.gov/



I am surprised they declared to be an incorporated entity in the invoice.

HashFast_CL
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December 18, 2013, 11:55:34 PM
 #4485

Note that while I'm writing software for them I'm just a contractor so I have no direct allegiance with them, so I'm trying to sift through all this information and I want to know if anyone has kept a copy, screenshot or whatever, to show that they promised to deliver by October 30th? I certainly remember it being implied when I first looked but wasn't really watching early on to see what was being advertised.

Hi Con!

Thank you for all the work you're doing to ensure cgminer works flawlessly with HashFast ASICs.

Per our ToS, Dec 31 is the guaranteed delivery date for Batch One.

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
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December 19, 2013, 12:03:26 AM
 #4486

^^attention is guaranteed. guys be sure they are not so relaxed as they wanted to be.  Grin
cedivad
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December 19, 2013, 12:04:57 AM
 #4487

*troll attempt detected* (i hope that they paid you already, ckolivas).

HF_CL, as it was repeated to death, the first half of your batch 1 customers didn't have such a date on their contract, and your website promised an October delivery. The wording was later changed to anticipated and you added your criminal "deadline" on your ToS. You denied the refunds i requested after that, and it was another criminal action on it's own.
I understand that our future legal actions will be based on you denying that you promised to delivery in October, but denying it won't make life anyway easier for you.

To be specific, 31 of Dec wasn't the guaranteed delivery date, it was only the date after which you guaranteed your customers a refund.

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
minternj
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December 19, 2013, 12:06:54 AM
 #4488

Hey Con, are you in possession of a fully populated board? Just curious.

Warning about Nitrogensports.eu
https://bitcointalk.org/index.php?topic=709114.0
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December 19, 2013, 12:08:03 AM
 #4489

*troll attempt detected* (i hope that they paid you already, ckolivas).

I've been paid regularly.

Hey Con, are you in possession of a fully populated board? Just curious.

Not yet, no.

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augustocroppo
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December 19, 2013, 12:09:26 AM
 #4490

I guess I would just have to say that even though we are getting screwed that they did get an impressive amount of money for a company that is just about to be 6 months old or so... (meaning that they may not even have a D&B record yet as they usually take about 6 months before the company is listed with them)

True, but there is already an Experian Credit Report of "HASHFAST TECHNOLOGIES LLC":

http://experian.alacrastore.com/storecontent/experianus/HASHFAST-TECHNOLOGIES-LLC-972746798

By the way, here is the Delware register:

https://delecorp.delaware.gov/tin/GINameSearch.jsp

cedivad
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December 19, 2013, 12:12:29 AM
 #4491

I was trolling about your salary ckolivas, but i admit that i exulted when you said that you have never received a populated board. Thanks.

Archive.org about the delivery date that HF_CL claims to be in December:
https://web.archive.org/web/20130803170744/http://hashfast.com/

Quote
Our products are high-performance ASICs. Our first chip, the Golden Nonce (GN) microprocessor, is in the final stages of development. The GN will ‘tape-out’ and be sent to manufacturing in August. Fabrication will take a little bit over two months, and the chips will ship to customers in October.

(You won't be able to take that page down easily).

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
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December 19, 2013, 12:17:43 AM
 #4492

I was trolling about your salary ckolivas, but i admit that i exulted when you said that you have never received a populated board. Thanks.
I'm neutral and very open about getting paid and what I'm doing. I'm even happy to disclose my fees if people want to ask, and I charge a lot less for free software work. As I said about 100 pages back, me getting a board doesn't count as the company delivering to customers for betting purposes either since I'm a contractor. The most I've had is (fpga) emulation hardware so far, though I have every reason to believe it will be real hardware by next week.

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cedivad
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December 19, 2013, 12:22:06 AM
 #4493

It's not about betting ckolivas, it's just that you are one of their best resources on making the miners to mine as efficiently as possible, and in my irrespectable opinion, the fact that they don't have provided you with a real world device to do your optimisations tells that they don't have any. Hopefully, this will keep true until when we can get a full refund from this "startup" of liars and defrauders.
Thanks for your openness, i really appreciate it.

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
ASIC-K
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December 19, 2013, 12:49:47 AM
 #4494

Note that while I'm writing software for them I'm just a contractor so I have no direct allegiance with them, so I'm trying to sift through all this information and I want to know if anyone has kept a copy, screenshot or whatever, to show that they promised to deliver by October 30th? I certainly remember it being implied when I first looked but wasn't really watching early on to see what was being advertised.

Hi Con!

Thank you for all the work you're doing to ensure cgminer works flawlessly with HashFast ASICs.

Per our ToS, Dec 31 is the guaranteed delivery date for Batch One.

Best,

-HF_CL

you lying bastards. you clearly wrote october....
Jutarul
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December 19, 2013, 01:17:46 AM
 #4495

Per our ToS, Dec 31 is the guaranteed delivery date for Batch One.
which version?

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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December 19, 2013, 01:20:23 AM
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HarrisonS
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December 19, 2013, 03:08:32 AM
 #4497

Well that settles that. They clearly stated that the guaranteed delivery date was 12/31.
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December 19, 2013, 03:31:54 AM
 #4498

Well that settles that. They clearly stated that the guaranteed delivery date was 12/31.

Well that settles that.  They clearly stated that they expected to ship in October yet, as we know now, Hashfast never had any ability or serious intent to do so. That's called fraud.
pmorici
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December 19, 2013, 03:40:19 AM
 #4499

Well that settles that. They clearly stated that the guaranteed delivery date was 12/31.

That's just not true.  BabyJets were put on sale on Aug. 9th.  Prior to roughly the 14th of August there was no mention what so ever of Dec. 31st and the only dates advertised were "Oct. 20 - 30"  on the 9th and 10th 147 BabyJets were sold.  It wasn't until that large portion of batch one was sold that they said anything about Dec. 31st being the "guaranteed" date.  The above screenshot clearly lists the order date as being in September well after early August when all the mischief happened.

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December 19, 2013, 04:51:13 AM
 #4500

Any news back on the mock tape out ?

Are you still on schedule for Oct shipping ?

Yes - mock tapeout went very well, and yes we are on schedule.

-John

you don't say?


and what about all that slander from Amy against KNC just before they were delivering??  Probably a whole bunch of smoke in those words as well

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