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Author Topic: HashFast announces specs for new ASIC: 400GH/s  (Read 875470 times)
Bitcoinorama
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August 08, 2013, 07:14:59 AM
 #501




Me in the office.

Hey! You got biscuits!! Shocked

I think those are jello shots next to him..

What is it with tech houses and 'modesty screens'?? ORSoC had those as well, but no sudden clothing changes during the presentation...

Make my day! Say thanks if you found me helpful Smiley BTC Address --->
1487ThaKjezGA6SiE8fvGcxbgJJu6XWtZp
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August 08, 2013, 01:54:51 PM
 #502




Me in the office.

Hey! You got biscuits!! Shocked

I think those are jello shots next to him..

What is it with tech houses and 'modesty screens'?? ORSoC had those as well, but no sudden clothing changes during the presentation...

Like the stark, modern look.  Sensible, uncluttered, easy to maintain.  Perfect for a nascent ASIC or janitorial company.  The snacks look fresh & tasty.  Are those delicious coffee creamers? 
jspielberg
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August 08, 2013, 02:30:53 PM
 #503

Was the $14/GH conjecture or was that deduced from some other data posted?

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August 08, 2013, 02:40:23 PM
 #504

If you do the math on IceDrill shares, it comes out to about $14/Gh/s starting in November.

50 million shares at 0.0014btc each.
500Th/s worth of HashFast chips.

So, one share costs you $0.14, and gets you 10Mh/s, or $14 for 100 shares and 1Gh/s.

So, either HashFast is charging $14/Gh, or IceDrill is making a lot more profit off this deal then they're letting on. That's the problem with this NDA stuff, it makes it hard to evaluate various deals.

On the other hand Labcoin, which has their own chip, is offering ~520Th/s by December (Starting from 50Th in September). That comes out to about $3.50/Gh/s in December and about $36/Gh/s in September. Plus with labcoin you actually get a cut of the chip sales, instead of simply seeing the difficulty going up.

There is a lot of confusion about the IceDrill set-up.


The total profit will be divided 60% to IPO share holders and 40% to managment/founders

This is after 10% has been taken out for costs (electricity etc)

25% of this 90% that's left goes to buying extra hardware

After this is deducted ----> 60% goes to IPO  and 40% goes to founders/managment

This means you get 40,5% of total profit in dividends. (but the rise in difficulty will be damped a bit by the 22,5% reinvestement)

Am I correct here?
Flashman
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August 08, 2013, 03:41:13 PM
 #505

Hey, I like the sound of that...

1: collect underpants Value my 60Gh miners at 100BTC

2: Sell 60% of the profits for 60BTC

3: Keep the miners, keep 40% of the BTC, tax the investors some more to buy me more miners that I also get 40% of.

4: Blow windfall 60BTC per miner on hookers and blow, retire to a modest 10k sqft penthouse in Monaco.

TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6

Bitcoin Custodian: Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins.
gateway
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August 08, 2013, 04:08:12 PM
 #506

I think today is going to be a good day *cough* Smiley
Bitcoinorama
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August 08, 2013, 04:14:01 PM
 #507

I think today is going to be a good day *cough* Smiley

You scored some decent weed? Grin


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August 08, 2013, 04:44:07 PM
 #508

I think today is going to be a good day *cough* Smiley

You scored some decent weed? Grin


yea but i have a prescription Smiley
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August 08, 2013, 04:49:03 PM
 #509

go hashfast  Grin Grin Grin

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August 08, 2013, 05:28:45 PM
 #510

Hello everyone, I am Kengdie.

This thread is good. This post makes me remember the Butterfly Labs in the June of last year. Animal spirit. History is repeating itself. BFL made a FPGA, why cannot ASIC. Uniquify made chips, why cannot this chips.

Good luck.
HashFast
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August 08, 2013, 11:57:25 PM
 #511

We are live!

hashfast.com/shop

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August 09, 2013, 12:03:34 AM
 #512

We are live!

hashfast.com/shop



507 in stock ?
Pics or it didn't happen.

[OVER] RIDDLES 2nd edition --- this was claimed. Look out for 3rd edition!
I won't ever ask for a loan nor offer any escrow service. If I do, please consider my account as hacked.
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August 09, 2013, 12:11:22 AM
 #513

Hey, just tried to buy one. I wasn't presented with a BitPay receipt. What's up with that?

I'm order #532.
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August 09, 2013, 12:21:04 AM
 #514

Refund policy?

Buy & Hold
arorts
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August 09, 2013, 12:26:39 AM
 #515

We are live!

hashfast.com/shop

Might be interested but what's your refund policy? (I don't see any T&C or formal statements on this anywhere in your site or here).
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August 09, 2013, 12:27:51 AM
 #516

Hey, just tried to buy one. I wasn't presented with a BitPay receipt. What's up with that?

I'm order #532.

you should get one.  pm Skrodenis.
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August 09, 2013, 12:31:01 AM
 #517

We are live!

hashfast.com/shop

Might be interested but what's your refund policy? (I don't see any T&C or formal statements on this anywhere in your site or here).

Why would you want a refund ? They have currently 506 units in stock, so for them, it's just a matter of walking around randomly and stumble upon a post office.

I'm sure they are able to acheive that, even if a bit drunk.

[OVER] RIDDLES 2nd edition --- this was claimed. Look out for 3rd edition!
I won't ever ask for a loan nor offer any escrow service. If I do, please consider my account as hacked.
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August 09, 2013, 12:32:27 AM
 #518

Problems already...

Error creating bitpay invoice. Please try again or try another payment method.
cypherdoc
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August 09, 2013, 12:34:17 AM
 #519

Problems already...

Error creating bitpay invoice. Please try again or try another payment method.

stop ordering, you're crashing the site. Grin
arorts
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August 09, 2013, 12:34:39 AM
 #520

We are live!

hashfast.com/shop

Might be interested but what's your refund policy? (I don't see any T&C or formal statements on this anywhere in your site or here).

Why would you want a refund ? They have currently 506 units in stock, so for them, it's just a matter of walking around randomly and stumble upon a post office.

I'm sure they are able to acheive that, even if a bit drunk.

The reason doesn't matter. It's an ecommerce site so there must be some formal statement on that. Whatever that is.
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