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Author Topic: HashFast announces specs for new ASIC: 400GH/s  (Read 865012 times)
gmaxwell
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December 20, 2013, 10:41:18 PM
 #4601

Solid advice but, companies like hasfast, BFL and other mining equipment suppliers represent a major part of the bitcoin industry.
If people just sit there and take it from liars and thieves how are we supposed to recommend bitcoin to friends and family.
I'm not suggesting people to bend over and take it if they believe they've been wronged. I think the situation with mining vendors right now is a major risk to the Bitcoin ecosystem (primarily because small sane individuals are unlikely to invest in mining gear in the current climate, hurting our decentralization).

I'm just attempting to say that if you plan on doing something you should make a full commitment. A half measure of just rejecting the shipment and then doing nothing about it will only hurt you.

Bitcoin will not be compromised
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December 20, 2013, 10:48:32 PM
 #4602

The problem with making less chips is that nobody will quite believe that they are not going to make more in the future, so they will be nervous at spending 1000 per chip when they might end up competing with people who paid a third of that in a couple of short months... (AM schooled a lot of people with that methinks)

The problem with making more chips is total market saturation and the whole bitcoin world pissed off at you, because it's practically holding a gun to your head and saying "Buy our chip or give up mining" because it's gonna turn everything else into doorstops in short order.



At Hashfast we know that the best thing for bitcoin is a healthy, strong mining ecosystem. We are working on a pricing and release strategy to make sure miners make money (including the smaller guys), and the ecosystem remains vibrant. Without this bitcoin is damaged, and value is lost for everyone. By releasing capacity at a limited rate and reasonable price we help defend the network against the large, centralized secret mines that are surely coming. This is the best result for everyone.

Amen to that. This is the best and the most confidence-building statement so far. Thank you.


Simon was honest about one part of his agenda.... and I doubt those large secret mines will be using their chips

~~BTC~~GAMBIT~~BTC~~Play Boardgames for Bitcoins!!~~BTC~~GAMBIT~~BTC~~ Something I say help? Donate BTC! 1KN1K1xStzsgfYxdArSX4PEjFfcLEuYhid
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December 20, 2013, 10:50:16 PM
 #4603

Solid advice but, companies like hasfast, BFL and other mining equipment suppliers represent a major part of the bitcoin industry.
If people just sit there and take it from liars and thieves how are we supposed to recommend bitcoin to friends and family.
I'm not suggesting people to bend over and take it if they believe they've been wronged. I think the situation with mining vendors right now is a major risk to the Bitcoin ecosystem (primarily because small sane individuals are unlikely to invest in mining gear in the current climate, hurting our decentralization).

I'm just attempting to say that if you plan on doing something you should make a full commitment. A half measure of just rejecting the shipment and then doing nothing about it will only hurt you.

it's up to HF to get a satisfied solution for both sides. they should not deliver batch 1 in 2013 and refund (BTC and USD) every customer as they claimed in the beginning. the customers won't take the risk of the business. the company is taking the risk of the business. the delay is insane if you have in mind that Q1 2014 several competitors will start to deliver.
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December 20, 2013, 11:40:56 PM
 #4604

https://twitter.com/HashFast/status/414178131482640384
minternj
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December 20, 2013, 11:45:57 PM
 #4605

Interesting workspace. How much Gh does the fork give it?

Warning about Nitrogensports.eu
https://bitcointalk.org/index.php?topic=709114.0
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December 20, 2013, 11:46:40 PM
 #4606

Al kinds of conspiracy theories come to mind. Maybe HF knows they won't have enough chips for MPP, and decided to get themselves a good lawyers and go the refund route. They can immediately resell the miners, this time without the MPP. Specially if they have in mind to screw up everyone doing only partial BTC refunds, with the US$ as accounting currency on the day of the payment. If they have to have legal issues, better to have them now, otherwise they will have them when they are not able to deliver the MPP, those cases are much harder for them to defend than these partial refunds.
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December 20, 2013, 11:49:00 PM
 #4607

What a soap opera this is.... damn!

Know what's happening in cryptoworld: www.coinschedule.com
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December 20, 2013, 11:53:31 PM
 #4608

What a soap opera this is.... damn!

welcome to ASIC-land!
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December 21, 2013, 12:13:28 AM
 #4609

I dont have a Twitter account but I took my co workers Iphone to look,  they have posted some test results.  Can anybody check?
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December 21, 2013, 12:17:18 AM
 #4610

I dont have a Twitter account but I took my co workers Iphone to look,  they have posted some test results.  Can anybody check?

It's just a picture.
"The Baby Jet is born! Hashing away on all 4 cylinders for hours, the first assembled rig is performing marvelously! "

Warning about Nitrogensports.eu
https://bitcointalk.org/index.php?topic=709114.0
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December 21, 2013, 12:17:18 AM
 #4611

I dont have a Twitter account but I took my co workers Iphone to look,  they have posted some test results.  Can anybody check?

no testresults
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December 21, 2013, 12:19:09 AM
 #4612

awsome...  I could be mining away monday evening Smiley

edit:  at least this time I didn't have to wait a year to get my rigs...

1jimbitm6hAKTjKX4qurCNQubbnk2YsFw
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December 21, 2013, 12:19:40 AM
 #4613

I dont have a Twitter account but I took my co workers Iphone to look,  they have posted some test results.  Can anybody check?

no testresults

Why would they show test results they already have your bitcoins...

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 21, 2013, 12:43:46 AM
 #4614

Well, i decided that i will wait for the tracking before i send my control server to the datacenter for the sierras... Let's see what happens tomorrow...

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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^ will code for bitcoins


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December 21, 2013, 12:48:27 AM
 #4615

awsome...  I could be mining away monday evening Smiley

edit:  at least this time I didn't have to wait a year to get my rigs...

Would you like to bet a modest amount, let's say 0.5BTC, that you will not mine monday evening? We can use a respectable escrow of your choice. Thinking they will actually ship before they post a single screenshot of the machine hashing is... let's say optimistic, not to use the hard words.

Edit:
Gone to bed now, it's 2AM here, I'll see tomorrow if you accepted the bet.
gmaxwell
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December 21, 2013, 12:57:00 AM
 #4616

We can use a respectable escrow of your choice.
I recommend using https://www.bitrated.com/  ... don't bother trusting your funds to a third party. Smiley

Bitcoin will not be compromised
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December 21, 2013, 01:00:34 AM
 #4617

We can use a respectable escrow of your choice.
I recommend using https://www.bitrated.com/  ... don't bother trusting your funds to a third party. Smiley
thank you for the link!  Smiley
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December 21, 2013, 01:34:23 AM
 #4618

Solid advice but, companies like hasfast, BFL and other mining equipment suppliers represent a major part of the bitcoin industry.
If people just sit there and take it from liars and thieves how are we supposed to recommend bitcoin to friends and family.
I'm not suggesting people to bend over and take it if they believe they've been wronged. I think the situation with mining vendors right now is a major risk to the Bitcoin ecosystem (primarily because small sane individuals are unlikely to invest in mining gear in the current climate, hurting our decentralization).

I'm just attempting to say that if you plan on doing something you should make a full commitment. A half measure of just rejecting the shipment and then doing nothing about it will only hurt you.

my bad  Undecided

im sitting here in 42c (107.6f) room Aussie summer ftw Sad, haven't slept in 2 days waiting on Failfast to return my god dam email/s
I should be aiming my aggression at them not you i apologize.

MT GOX, WE.exchange (WE.Scam), BFL (Brutally Fkn Last), Hashfast (ScamFast), IceDrill (Licedrill),
No wonder the governments don't like Bitcoin with all these parasites
Gyrsur
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December 21, 2013, 01:43:43 AM
 #4619

Solid advice but, companies like hasfast, BFL and other mining equipment suppliers represent a major part of the bitcoin industry.
If people just sit there and take it from liars and thieves how are we supposed to recommend bitcoin to friends and family.
I'm not suggesting people to bend over and take it if they believe they've been wronged. I think the situation with mining vendors right now is a major risk to the Bitcoin ecosystem (primarily because small sane individuals are unlikely to invest in mining gear in the current climate, hurting our decentralization).

I'm just attempting to say that if you plan on doing something you should make a full commitment. A half measure of just rejecting the shipment and then doing nothing about it will only hurt you.

my bad  Undecided

im sitting here in 42c (107.6f) room Aussie summer ftw Sad, haven't slept in 2 days waiting on Failfast to return my god dam email/s
I should be aiming my aggression at them not you i apologize.

let us see what happens next. eventually HF and its customers comes to a good solution for both sides. some deliveries and some refunds. our goal should not be to liquidate the company in the long run but it depends very strong on the HF attitude.
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December 21, 2013, 03:17:03 AM
 #4620

let us see what happens next. eventually HF and its customers comes to a good solution for both sides. some deliveries and some refunds. our goal should not be to liquidate the company in the long run but it depends very strong on the HF attitude.

An attitude which recently has been 100% cocky and 0% contrite.
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