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Author Topic: HashFast announces specs for new ASIC: 400GH/s  (Read 875124 times)
bitcoinermax
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December 23, 2013, 03:55:14 PM


so what you are saying is dont bother? just let hashfast do what they want? you are so weak.
[/quote]

Not a question of weak or strong, but what is the point if nothing can come of it? Suing can take years and years and the only point of doing it is if the other side can pay in the end. If they can't, then why double down on your original loss?
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cedivad
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December 23, 2013, 03:55:37 PM

so what you are saying is dont bother? just let hashfast do what they want? you are so weak.
I wanted to create a graph with a log function drawing in one axis the activity of the user (< 20 in the case of those sockpuppets) and in the other their position pro/against my will to sue HF. However i won't lose time that way, i don't think it to be necessary to explain what HF is doing here.

Dear HF, i'm fortunately free to spend my money the way i want. Fortunately i didn't lost everything with you, only the majority of my BTC stake. (and since that john asked and i answered about what i do for a living, you should be even more worried).

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
perezoso
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December 23, 2013, 04:15:54 PM

Cedivad - how much time and money do you have to waste on this? as you had better tell your lawyer you are trying to sue a start up that has spent all its money on NRE etc. Unless the lawyer is there to simply take your cash off you, any half sensible lawyer will tell you that you are wasting your time and money. Seriously how old are you and what do you know about either the legal process or the bankruptcy process? If you don't know squat, you had better start learning. Do your research 1st or the next thing you will be doing is whining about your lawyers taking your money and not being able to deliver your BTCs back from HF or his fees

I also think HF's communication is sorely lacking but I am really hard pressed to see how suing a co with no funds is going to help anyone at all

I don't want to bring Hashfast down either, but I think suing them is a legitimate option.  HF raised money from investors (not from sales) for the startup costs, IIRC to the tune of around USD 600-700k (check me on that).  Now surely they have dipped significantly into the sales money, but they have also sold four batches of machines.  I'm pretty sure Hashfast does have some significant money and that it does have some other potentially valuable assets (IP).

IMHO, the obvious path of least resistance for Hashfast, and the option that costs least, is to massively up the MPP - deliver more hashpower faster to MPP customers.  Yes, that would piss some non-MPP customers off, probably, but on balance, considering the lawsuit risks and reputation destruction potential of failure to deliver (which is obviously already beginning to harm them) ...

The two problems I see with, say, HF doubling the MPP hashpower and committing to an earlier miniboard delivery date are:

1) Lack of demonstration that the equipment reliably works, and;

2) Hashfast's general credibility is so bad at this point that a lot of people with orders may choose to simply not believe them and sue anyway.


I am Ice_CL.  Hashfast Ministry of Information.  I take questions now.

Bogart
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December 23, 2013, 04:16:04 PM

ALWAYS BET ON iCE...

Since you like to bet, how about accepting mine?

I have 5 BTC that says HashFast will not ship a working miner containing Golden Nonce chips to even one customer in 2013.  (It has to be physical delivery.  Hosting doesn't count.)

Care to put up 5 BTC of your own against that?

I think I love you bogart.

I accepted Bogart's bet, on his conditions (ckolivas doesn't count) and even offered to double the stakes.

He has yet to respond.  I wonder why?

Your acceptance is acknowledged.  I didn't see your response at first since it came some days later and I don't frequent this thread.

No thanks on the doubled stakes.  I'd rather not tie up that much BTC.

Your bet may be rigged, as the icebeaker may in fact be the head of hashfast!! Watch out, he will ship one out just to win the bet.

Indeed there is risk involved.  I was not impressed with his waiting 5 days until new information was posted and then coming forth with "you're on."

But I already made the commitment when I first posted the proposal, so...

"All safe deposit boxes in banks or financial institutions have been sealed... and may only be opened in the presence of an agent of the I.R.S." - President F.D. Roosevelt, 1933
cedivad
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December 23, 2013, 04:17:51 PM

The problems with doubling down on the MPP are that:
1) there is and there will no guaranteed delivery time for the MPP
2) __important__ they will keep you in hostage with future promises of a better MPP in the future (August 2014?)

They only way to get something out of those bastards is to sue them. (first time in 4 months that i use such a word, but it was well deserved).

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
defcon23
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December 23, 2013, 04:33:18 PM

FAILFAST :

come here and explain you in front of yours investissors !  you make your company whith our money and with falses promises ....   it's time for COMUNICATION now !
edgie13
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December 23, 2013, 05:02:41 PM

...not to throw anymore fuel on the the fire, but... Is it possible that with Ciara assembling Babyjets without chips, that they will ship as is? Hashfast can then say that they shipped by their deadline and send out the chips later.  Does the TOS specify that the Babyjets have to be functioning? 

BTC Scotch fund: 1GFZos2WGknCeVgDtjpHwo3jeJ4tSLVrXS
defcon23
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December 23, 2013, 05:04:51 PM

Details, details. And proof.

More details and proof will be coming, this is just a start

ho nooooo !!!! this is an old post !..... sigh  Cry

WTF  Grin
cedivad
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December 23, 2013, 05:05:35 PM

Does the TOS specify that the Babyjets have to be functioning?  
I would love if they acted like that. (they won't)

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
aerobatic
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December 23, 2013, 05:10:51 PM

...not to throw anymore fuel on the the fire, but... Is it possible that with Ciara assembling Babyjets without chips, that they will ship as is? Hashfast can then say that they shipped by their deadline and send out the chips later.  Does the TOS specify that the Babyjets have to be functioning?  

the chips need to be soldered onto the board at the same time as the rest of the components are soldered onto the board.  since they're all surface mount it'd be almost impossible to solder on the chip AFTER the rest has been made.   Also, the dies on the chip are exposed to the elements, and connecting the cooling plate to it is a tricky job as the dies underneath are delicate and full contact of the thermal paste must be made perfectly between the dies and the coldplate.  It must be done by experienced people and not amateurs, where any wrong move while attaching the cooler could damage the dies.

in short, i really don't think its an option nor very likely that the rest of the system is shipped without the chips... for the same reason that hashfast gave up on the idea of selling 'chips' to people with the MPP... and decided to give whole modules instead.  simply because its way beyond the average user to install 'the chips'... but not difficult at all to install the modules (just power and usb connectors required)

-- Jez
edgie13
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December 23, 2013, 05:14:55 PM

...not to throw anymore fuel on the the fire, but... Is it possible that with Ciara assembling Babyjets without chips, that they will ship as is? Hashfast can then say that they shipped by their deadline and send out the chips later.  Does the TOS specify that the Babyjets have to be functioning?  

the chips need to be soldered onto the board at the same time as the rest of the components are soldered onto the board.  since they're all surface mount it'd be almost impossible to solder on the chip AFTER the rest has been made.   Also, the dies on the chip are exposed to the elements, and connecting the cooling plate to it is a tricky job as the dies underneath are delicate and full contact of the thermal paste must be made perfectly between the dies and the coldplate. It must be done by experienced people and not amateurs, where any wrong move while attaching the cooler could damage the dies.

in short, i really don't think its an option nor very likely that the rest of the system is shipped without the chips... for the same reason that hashfast gave up on the idea of selling 'chips' to people with the MPP... and decided to give whole modules instead.  simply because its way beyond the average user to install 'the chips'... but not difficult at all to install the modules (just power and usb connectors required)

-- Jez




What if I ordered an upgrade kit?  I won't be able to put it in myself? So, sorry no makey no sensey...

BTC Scotch fund: 1GFZos2WGknCeVgDtjpHwo3jeJ4tSLVrXS
cedivad
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December 23, 2013, 05:15:35 PM

What if I ordered and upgrade kit?  I won't be able to put it in myself?
You will. He is not talking about that.

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
aerobatic
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December 23, 2013, 05:16:47 PM

...not to throw anymore fuel on the the fire, but... Is it possible that with Ciara assembling Babyjets without chips, that they will ship as is? Hashfast can then say that they shipped by their deadline and send out the chips later.  Does the TOS specify that the Babyjets have to be functioning?  

the chips need to be soldered onto the board at the same time as the rest of the components are soldered onto the board.  since they're all surface mount it'd be almost impossible to solder on the chip AFTER the rest has been made.   Also, the dies on the chip are exposed to the elements, and connecting the cooling plate to it is a tricky job as the dies underneath are delicate and full contact of the thermal paste must be made perfectly between the dies and the coldplate. It must be done by experienced people and not amateurs, where any wrong move while attaching the cooler could damage the dies.

in short, i really don't think its an option nor very likely that the rest of the system is shipped without the chips... for the same reason that hashfast gave up on the idea of selling 'chips' to people with the MPP... and decided to give whole modules instead.  simply because its way beyond the average user to install 'the chips'... but not difficult at all to install the modules (just power and usb connectors required)

-- Jez




What if I ordered an upgrade kit?  I won't be able to put it in myself? So, sorry no makey no sensey...

i am assuming...   that ... the upgrade kit will be full modules as far as I'm ware.  also including the cooling system attached.   you will have to screw in the fans & radiator into your case, and screw the module (motherboard) into the floor of the case.   and connect up the power & usb.   thats about it.

edgie13
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December 23, 2013, 05:18:08 PM

What if I ordered and upgrade kit?  I won't be able to put it in myself?
You will. He is not talking about that.

When I spoke of "chips",  I should have said "28nm Golden Nonce ASICs".  What if they ship the case sans "28nm Golden Nonce ASICs" modules?

BTC Scotch fund: 1GFZos2WGknCeVgDtjpHwo3jeJ4tSLVrXS
cedivad
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December 23, 2013, 05:20:42 PM

What if they ship the case sans "28nm Golden Nonce ASICs" modules?
We win the lawsuit in 1 day.

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
Xian01
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December 23, 2013, 06:17:37 PM

Does the TOS specify that the Babyjets have to be functioning? 

 One would hope so. Otherwise, they might as well just ship out lumps of coal with Hashfast stickers on them to satisfy whatever contractual terms they have set forth, and then ship a working product to customers at some future date.
minternj
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December 23, 2013, 06:56:59 PM

So on Dec 8th Hashfast shows us a video of the board assembly. Then yesterday, December 22nd we get another video of board assembly?  What the fugg?

Warning about Nitrogensports.eu
https://bitcointalk.org/index.php?topic=709114.0
stan258
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December 23, 2013, 07:00:36 PM

Monday morning and no shipping.
jxz
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December 23, 2013, 07:01:19 PM

I was just looking at the cgminer image posted by gateway a few days ago and the work utility value on that screen seems really high for 422GH/s.

I would expect 422GH/s to show WU at about 6K, not the ~11K that is shown.  From the other stats on the screen it appears that it had been hashing for at least 10 minutes, so that should have been enough time for WU to stabilize.


Am I missing something?


stan258
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December 23, 2013, 07:05:48 PM

So we have the fastest Asic but it has major communication and heating problems or they would start shipping and have us download minor software updates later. Otherwise what is the hold up?   
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