HashFast announces specs for new ASIC: 400GH/s

[gmaxwell]

or precisely on dec 31'st and claim that this constitutes meeting their deadline

I believe their contract always specified EXWORKS Hashfast's facility... So the customer's eat the shipment volatility.  This is— unlike many of the other things alleged to be 'standard'— actually fairly standard.

[1713404040]

1713404040

[1713404040]

1713404040

[minternj]

Difficulty October 20, 2013:       267,731,249
Difficulty December 23, 2013:  1,180,923,195

[cedivad]

Difficulty October 20, 2013:       267,731,249
Difficulty December 23, 2013:  1,180,923,195

But you have 25% 20GH more hashing power!

[minternj]

Yes sir. Also we've officially gone past needing 4 times the hash. So this was more of a notice for HF to ship all the MPP now. There is no need to calculate.

[Witness]

What did I just say?  It's a scam. I just don't know what to say anymore. I think we should open a new top for ex-hsshfast employees to come forth with information on dates,  tactics ect. They hold up in court pretty well. More ideas guys?

[defcon23]

HASHFAST (FAILFAST)  insulting all their  batch 1 customers (and all over) by this insane silence.
they have to assume and explain why they ( lies),  failed again ... 

[jspielberg]

I still think that they are close to shipping (yes.... I know ... All evidence to the contrary), and I think they have an opportunity to make things right with the community.

If they are timely with the MPP to minimize their initial "investomers" loss, I think many will be satisfied.

On the other hand, there is also the possibly that hashfast will do the bare minimum they legally need to... In which case many on here will make it their mission that all potential customers understand the risks (like they do with Avalon and BFL).

[itod]

If they are timely with the MPP to minimize their initial "investomers" loss, I think many will be satisfied.

How can one be satisfied when you will never mine back BTC invested, even if MPP would be delivered on time? We are all scammed by fraudulent promise miners will be delivered end of Oct. There's nothing else to do, but scratch ScamFast from the list of companies to touch in the future. I was only burned by two of them, but here is the short list of all three:
- BFL
- Avalon
- HashFast
Never, ever, deal with them again, and pass the word to everyone who listens never to touch their offers.

[jspielberg]

Engineering and sales are two different things.  The original spirit of the MPP was to make their initial miners whole "if they were late."

If full MPP is delivered at close to the original shipping date, the loss would be sporting (less than the 70%+ we are starting at now).

Hmm.. Did I just refer back to the bargaining phase of grief?

[defcon23]

If they are timely with the MPP to minimize their initial "investomers" loss, I think many will be satisfied.

How can one be satisfied when you will never mine back BTC invested, even if MPP would be delivered on time? We are all scammed by fraudulent promise miners will be delivered end of Oct. There's nothing else to do, but scratch ScamFast from the list of companies to touch in the future. I was only burned by two of them, but here is the short list of all three:
- BFL
- Avalon
- HashFast
Never, ever, deal with them again, and pass the word to everyone who listens never to touch their offers.

+1

[joshv06]

Where the hell are these guys??

[jjiimm_64]

just called the 800 number;

spoke to a very nice lady (Erin?) that told me the latest info she received this morning is:

They will be shipping between xmas and the 31st.
they upgraded everyone in batch 1 to overnight shipping
FedEx will email us the tracking directly when they have it.

no final decision on how the mpp will be implemented yet

so, no refunds will be needed apparently.  We will just have to mine the best we can.

[stex2009]

In the so called factory trying to ship us fake metal boxes? They will deliver on time so you can't ask for refund. Deal finished!

[joshv06]

They all sound nice. Up until the 17th of October, they were all telling me they were on schedule. Then they switched it to a call center outsourced.

Also, what if I already paid for overnight shipping?..

[stex2009]

We will just have to mine the best we can.

LOL, as if we can make it faster! (jjiimm, this is not targeted against you). I dont come on this thread at all. Coming here for the first time to check what happeneing with HF. Looks like just another scam. Have you ever seen 'american greed' on CNN? I propose a new show, 'all american scumbags' !

[jjiimm_64]

They all sound nice. Up until the 17th of October, they were all telling me they were on schedule. Then they switched it to a call center outsourced.

Also, what if I already paid for overnight shipping?..

1.  it did not sound like an outsourced person that I talked to.
2.  I also paid for overnight.. and she responded with it costs more then we paid.. whatever that means......


anyway,   just wanted to get some word out here.

[perezoso]

I still think that they are close to shipping (yes.... I know ... All evidence to the contrary), and I think they have an opportunity to make things right with the community.

If they are timely with the MPP to minimize their initial "investomers" loss, I think many will be satisfied.

Yes sir. Also we've officially gone past needing 4 times the hash. So this was more of a notice for HF to ship all the MPP now. There is no need to calculate.

I agree in general, Hashfast still has the ability to make things more or less right by shipping working product immediately and by  'doubling down' on the MPP (simply 4x hashpower in a few months is not enough).

But the problem is their credibility in whatever pledge they could make. If they said tomorrow, "Merry Christmas, we're doubling the MPP and shipping those boards by January 31st",  how many customers would accept that claim?  After the October shipping claims that were clearly fraudulent?  Folks like Cedivad won't.  I'm not sure I'd believe it.  This is the problem.  If they want to make good, how do they do so credibly?

[jjiimm_64]

 If they want to make good, how do they do so credibly?

you make good by doing.. not saying your doing...   which is probably what they are trying to do.. 

pretty sure this has to do with the heat issues....   420G at 78C ?    how long will the chips last running at 78C?   I know I wont let my gpus get above 73

[defcon23]

Where the hell are these guys??

Probably too busy for explain anything.......     christmas time !    
screwed..... we are completly screwed  

[perezoso]

They all sound nice. Up until the 17th of October, they were all telling me they were on schedule. Then they switched it to a call center outsourced.

Also, what if I already paid for overnight shipping?..

1.  it did not sound like an outsourced person that I talked to.
2.  I also paid for overnight.. and she responded with it costs more then we paid.. whatever that means......

Just a guess, but if it does, that very well might relate to the fact that they initially priced shipping out of the Bay Area, since rates were published and charged before the Canadian assembly house came into the picture.  

I'm pretty sure that overnighting a Baby Jet from Montreal to Houston or Los Angeles is a lot more expensive than from San Jose to the same places.

But if that's why it "costs more than we paid", that's Hashfast's problem, not ours.